Alternative News

Google CEO wants to ‘set aside a part of the world’ for unregulated experimentation

"'There are many exciting things you could do that are illegal or not allowed by regulation,' Page said. 'And that's good, we don't want to change the world. But maybe we can set aside a part of the world.' He likened this potential free-experimentation zone to Burning Man and said that we need 'some safe places where we can try things and not have to deploy to the entire world.' Google is already well-known for coming up with some pretty interesting ideas — the idea of seeing what Page could come up with in this lawless beta-test country is simultaneously exciting and a bit terrifying." Continue reading →

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James Kaleda ejected from gun control hearing by NJ State Troopers

"James Kaleda explains that the proposed NJ Gun Bills will not save any lives but will endanger them. He is ejected by Committee Chair Senator Norcross. This took place at the NJ Senate gun control hearings in Trenton on April 30, 2013." Continue reading →

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Adam Kokesh Arrested At Pro-Marijuana Rally, Currently Held At Federal Detention Facility

"Details are still emerging regarding the arrest of liberty activist Adam Kokesh who was apprehended by police at a Pro-Marijuana rally in Philadelphia, Pennsylvania on May 18th, 2013. Multiple eye-witness reports have stated that Adam Kokesh was not using and did not posses any drugs at the event." Continue reading →

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Bitcoin mining – public companies

"Bitcoin mining companies have several advantages over running a mining operation yourself. The most significant one is that you don’t have to worry about setting up and maintaining mining hardware. Many of these companies have built-in plans to increase their speed as the network difficulty rises, reducing the risk of a quickly diminishing payout. Additionally, selling shares is significantly more liquid than selling mining hardware if you decide not to be in the mining business anymore. The counter-point to these advantages is that you will be paying a management fee of several percent that will come out of profits." Continue reading →

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The World’s First $1 Million Bitcoin Mining Auction

"A bitcoin mining company just sold more than $1,000,000 worth of hardware. ASICMiner is a publicly traded bitcoin company that both operates and sells bitcoin mining hardware. In their latest auction they successfully sold 180 ASIC mining blades for 49.99 bitcoins (BTC) each. Friedcat, the CEO, announced two weeks ago that they would be selling usb-powered mining devices for 1.99 BTC each. There is clearly a lot of demand for bitcoin mining hardware. The question in any gold rush is who will do better: the people mining, or the people selling the shovels? ASICMiner decided they can do both." Continue reading →

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Pentagon plans to fight ‘War on Terror’ for another 20 years

"Even after cutting off the head of al-Qaeda, the United States Department of Defense doesn’t believe an end to the war on terror is in sight. On Thursday, one Pentagon official predicted the mission against al-Qaeda could continue for another two decades. Speaking to the Senate Armed Services early Thursday, Assistant Secretary of Defense for Special Operations Michael Sheehan said the Pentagon has no plans to pull out of its almost 12-year-old war overseas. When asked for his take on how long the war on terror could go on for, Sheehan told lawmakers, 'At least 10 to 20 years.'" Continue reading →

Continue ReadingPentagon plans to fight ‘War on Terror’ for another 20 years

The Truth: Chained CPI Is Worse Than You Thought

"The proposal to change the measure of inflation used for federal programs to chained CPI, which rises more slowly than conventional inflation measures, is usually framed as a Social Security cut. And it is. The CBO estimates that it will save $133 billion in Social Security costs over 10 years. But it’s also a tax increase. Currently, the cutoffs for different tax brackets rise with CPI-U, a non-chained measure of inflation. Chained CPI would cause the cutoffs to rise more slowly, pushing more and more people into higher tax brackets. That raises $99 billion over 10 years. So about 43 percent of the deficit reduction from chained CPI comes from increased taxes." Continue reading →

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‘Bitcoin threatens economic monopoly, bolsters free speech’

"Bitcoin threatens both the financial elite’s monopoly over the economy and the online web of payment systems which have been used as a tool to crack down on free speech on the Internet, Amir Taaki, a bitcoin software developer, told RT. The US government has never hidden the fact that it is closely watching the virtual currency, which international regulators have thus far failed to keep a lid on. But while banks and governments have treated the Bitcoin payment system as an 'existential threat' to current financial system, Taaki argues that the virtual currency epitomizes real free trade and is a necessary tool to maximize the benefits of a free and open market." Continue reading →

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Winklevoss twins on Bitcoin: Time to work with the Feds

"The Winklevoss twins, who transformed a lucrative Facebook payout into a venture capital fund, say it's now time for bitcoin companies to work with governments rather than against them. Cameron and Tyler Winklevoss, the twin Harvard graduates famously portrayed in the 2010 film The Social Network, showed up at the Bitcoin 2013 conference to talk up the future of the Internet's favorite alternative currency -- as long as it escapes a government crackdown. 'I don't think anyone wants a fight -- I think everyone here wants to build bitcoin, to work with regulators,' Cameron Winklevoss told over 1,000 conference attendees. 'Cooperation is really the way forward.'" Continue reading →

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