On April 14, Maryland Gov. Martin O’Malley signed a bill into law that will set into motion the process for production and distribution of medical marijuana in the state, adding to the long list of states ignoring federal prohibition, effectively nullifying the unconstitutional federal act in limited medical situations. House Bill 881 (HB881) creates the…
“Raj Date, the former Deputy Director of the US Consumer Financial Protection Bureau (CFPB), a consumer finance watchdog, said in an interview this week that he supports – and is now investing in – bitcoin. During a segment of Bloomberg Television’s ‘Street Smart,’ Date commented that, on a personal level, he sees a lot of potential in digital currencies like bitcoin. In the interview, Date said that bitcoin has the potential to deliver faster and more secure payments than is currently possible for most consumers, and remarked that the pace of innovation could result in a broader evolution in digital currencies.” Continue reading →
“A top U.S. Federal Reserve official said on Tuesday he is interested in the fast-emerging bitcoin, although he scoffed at the idea that the virtual currency could replace the dollar. Minneapolis Federal Reserve Bank President Narayana Kocherlakota, speaking at a town hall at North Dakota State University, said he is interested in bitcoin as a technology, not as a currency. He speculated that bitcoin could make payments among individuals faster. ‘That’s where I think the interest of it is, myself, as opposed to a new currency that’s going to drive the U.S. dollar out of circulation.'” Continue reading →
“Stefan Molyneux and David Seaman talk about making the present incomprehensible to the future, the elimination of fiat currency, using Bitcoin to end war, and why you can’t buy votes with Bitcoin.” Continue reading →
Due to other commitments which tend to monopolize my time these days, I’ve been hesitant to continue the GiN tradition of publishing candidate profiles for fear I could not do them justice. However, it occurred to me today that the GiN archives are a goldmine of information about a few of the current crop of […]
“Forex trading platforms allow you to convert and transfer your money for minimal charges and are perhaps the best way to do so. You may want to consider Interactive Brokers as a forex platform (but do shop for other forex trading platforms in your jurisdiction). You can do all sorts of currency conversion with Interactive Brokers, and it has extremely competitive spreads. For certain currency conversions involving the US dollar, the spread can be smaller than 1 pip (1/10,000th of dollar or 0.01%). Moreover, you can execute limit orders. These spreads are attractive considering most banks operate at a spread of about 2.5-3%.” Continue reading →
I just thinking out loud here, but some recent developments have me seeing things differently, connecting the dots in a new way. Please pardon this run-on sentence: With Facebook sharing everything with the NSA/FBI, and with the FBI now launching a massive facial recognition program going live for about 10% of the US population, and…
It’s no secret that for years now the popular media personality Rachel Maddow has railed against nullification. Consistent with her partisan Democrat disposition she fear-mongered the return of institutional racism, secession and civil war whenever she approached the subject. Her conclusion was that nullification is a hysterical, reactionary, right-wing radicalism that has no place in modern…