"Boston cops are so eager to bust DIY indie-rock shows that they won't simply wait to respond to noise complaints that might arise. Instead they're going online posing as punk rockers to bust bands before they perform. It's part of a citywide effort to crack down on basement and warehouse shows spurred by a recently passed nuisance control ordinance." Continue reading →
"A coroner announced on Friday that a teenager killed in the Asiana Airlines crash earlier this month in San Francisco was killed by a motor vehicle — likely a fire truck that arrived on the scene to provide assistance — and not injuries sustained in the crash, according to the San Francisco Chronicle. The coroner warned as early as July 8 that the the victim, a 16-year-old Chinese high school student later identified as Ye Mengyuan, had sustained injuries more consistent with being struck by an emergency vehicle than that of a plane crash. Fire Chief Joanne Hayes-White apologized to the family on Friday." Continue reading →
"CoinAva is the name of the new platform that is bringing cryptocurrency to Iran! Besides trying to spread the word about Bitcoin in the country, this platform allows users to buy and sell virtual currency, via a counter party in Australia. From now on, people in Iran can buy and sell Bitcoins, as well as learn more about the cryptocurrency with the help of CoinAva’s team. And, besides the platform, there’s more news: Iran also has a new forum dedicated to cryptocurrency called Persian Bitcoin Talk, which you can visit here. Looks like Bitcoin is really building its way into the country!" Continue reading →
"CoinAva is the name of the new platform that is bringing cryptocurrency to Iran! Besides trying to spread the word about Bitcoin in the country, this platform allows users to buy and sell virtual currency, via a counter party in Australia. From now on, people in Iran can buy and sell Bitcoins, as well as learn more about the cryptocurrency with the help of CoinAva’s team. And, besides the platform, there’s more news: Iran also has a new forum dedicated to cryptocurrency called Persian Bitcoin Talk, which you can visit here. Looks like Bitcoin is really building its way into the country!" Continue reading →
"Mexico could legalize marijuana within the next five years, stripping brutal drug cartels of a major source of income, former President Vicente Fox said on Friday. Fox, who battled the powerful cartels while president between 2000 and 2006, has since become a staunch advocate of reforming Mexico’s drug laws, arguing that prohibition has helped create the criminal market that sustains the gangs. Under his successor, Felipe Calderon, Mexico launched a military offensive to crush the cartels, but the violence spiraled instead, and more than 70,000 people have been killed in drug-related bloodletting since the start of 2007." Continue reading →
"The Silk Road is sometimes described as the eBay of illegal drugs. It’s actually more like Etsy, with its do-it-yourself philosophy and friendly community. Just like Etsy, you place your order with a stranger on the other side of the world, pay using electronic money, and in a couple of days, your package arrives. Except that instead of a dream catcher made of hair and toenail clippings, you get heroin! I talked to some of the good people of the Silk Road about Bitcoin and life selling drugs online. They were a little paranoid, understandably, but surprisingly accommodating too." Continue reading →
"Erik Voorhees has announced that SatoshiDice, by far the most popular gambling site in the Bitcoin community, is being sold in full for 126315 BTC, worth $12.4 million USD at the time of the announcement. SatoshiDice is now one of the largest businesses in the Bitcoin economy, beaten out by the mining company ASICMiner, worth roughly $150 million, and perhaps Bitcoin merchant and exchange juggernauts such as BitPay, BitInstant and Coinbase, all of which have received millions of dollars in investment. The company’s success can be attributed to its simple interface." Continue reading →
"Blueseed is a live/work/play startup community for 1000 entrepreneurs, on a cruise ship to be stationed 30 minutes by ferry from the coast of Silicon Valley. The location is in international waters, outside U.S. jurisdiction, and allows entrepreneurs from anywhere in the world to start or scale their companies without needing U.S. work visas. Instead, easier-to-obtain B1/B2 business/travel visas will be used to arrive on Blueseed and to visit the mainland in order to connect with the Silicon Valley ecosystem. Blueseed creates a new class of real-estate – technology-enhanced and ocean-based." Continue reading →
"George Mason economics professor Peter Boettke made his first FreedomFest appearance and presented some harrowing statistics pointing to the demise of the United States. However he made the analogy that the economy is like three horses. The Adam Smith horse drives prosperity through gains from trade. The Joseph Schumpeter horse provides constant innovation from technology. The third horse, what Boettke calls the stupid horse, is government. Both the Smith and Schumpeter horses created bitcoin and as much as the government tries to rein it in, those horses will stay ahead. The government horse is too slow and stupid." Continue reading →
"Welcome to the blog of LMB Holdings the parent company of both Ploutos (Bank) and the Pisti payment network. We are extremely proud to be in a position of providing a solution for the two biggest questions being asked currently here in Cyprus by depositors; 1. Is my money safe and will the government be taking my money? 2. Can I spend my money? With many Cypriots and international depositors losing more than 20% of their life savings to help prop up the failing banks, there has never been a more suitable time nor place to launch a genuine alternative to the mainstream banking systems." Continue reading →