Satoshi Forest, Nine-Acre Sanctuary for the Homeless

"The location at 1999 Massachusetts Ave, Pensacola, FL encompasses nine acres of wooded land that will now become, as Jason King describes it, 'a homeless sanctuary, a place where the downtrodden can find respite from the ‘crime’ of being simply being poor.' The property cost $89,000 to purchase, which, King writes, 'for acreage within the developed part of greater Pensacola, is dirt cheap.' The mortgage on the property, valued at $600 per month, will be paid entirely in Bitcoin. Once housing construction is well underway, they also intend to add a large kitchen for preparing food, and then begin organic farming operations which he later intends to expand to aquaculture." Continue reading

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Satoshi Forest, Nine-Acre Sanctuary for the Homeless

"The location at 1999 Massachusetts Ave, Pensacola, FL encompasses nine acres of wooded land that will now become, as Jason King describes it, 'a homeless sanctuary, a place where the downtrodden can find respite from the ‘crime’ of being simply being poor.' The property cost $89,000 to purchase, which, King writes, 'for acreage within the developed part of greater Pensacola, is dirt cheap.' The mortgage on the property, valued at $600 per month, will be paid entirely in Bitcoin. Once housing construction is well underway, they also intend to add a large kitchen for preparing food, and then begin organic farming operations which he later intends to expand to aquaculture." Continue reading

Continue ReadingSatoshi Forest, Nine-Acre Sanctuary for the Homeless

‘Like the end of a dream’: Family finds $300K in gold off Florida coast

"A Florida family of self-described treasure hunters brought home the proverbial big score on Monday after recovering gold and jewelry estimated to be worth about $300,000, the Orlando Tribune reported. The collected haul — five gold coins, a gold ring and 64 feet of gold chain — has been traced back to a Spanish fleet of ships that was almost completely destroyed off of the Florida coast in July 1715 by a freak hurricane. The storm is blamed for the deaths of 1,000 people, and the region, located off the coast of Fort Pierce, is known as the Treasure Coast." Continue reading

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Non-Traditional Retirements, or DIY Sabbaticals

"NPR Morning Edition featured a story today about non-traditional retirements: Seeing The (Northern) Light: A Temporary Arctic Retirement. Instead of waiting until 65, Winston Chen decided to stop working for an entire year mid-career and moved his family to a small Norwegian island in the Arctic Circle with only 180 residents. Our society seems to feel that education is for the young, work is for the middle-aged, and leisure is for the elderly. But what if you decided to snip 5 years from those retirement years and sprinkle them between your working years?" Continue reading

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Voluntary Slavery in Action? ‘Why I Am Leaving College’

"How will I pay my bills? I’ve decided to sell 10% of my (after tax) income for the next 10 years of my life. Why? I’m realistic enough to know that as a 19 year old female, with no proven track record, I have about a 0% chance of finding someone to invest in Senior Living Map. So to up the stakes, I’m offering a piece of me. I can’t guarantee Senior Living Map will be a success but I can guarantee that I will be. So instead of asking you to “bet” on my first venture, I’m asking you to bet on me. I’m asking you to bet and believe that in 10 years time, 10% of my income will be your best investment." Continue reading

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Snapple Guy’s Overnight Success Took Decades

"A native of Brooklyn, N.Y., Mr. Marsh was the child of Jewish immigrants from Russia. His father was a cobbler. Mr. Marsh and his brother-in-law Hyman Golden originally ran a Brooklyn-based window-washing and office-maintenance business. In 1972, they teamed up with Arnold Greenberg, who operated a health-food store in Manhattan's East Village, to create Unadulterated Food Products Inc. The company made juices and sold eggs and produce. After renaming the company after one of their early products, carbonated apple juice, the founders became known collectively as the 'Snapple Guys.' They built up the brand one cooler at a time in New York City's pizzerias and bodegas." Continue reading

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A Great Handicap of Economies Run by Political Authorities

"Little is ever taught about great entrepreneurs who started with next to nothing and ended up creating great things. More than money it takes alertness and drive to carry out the vision that one is alert to, how often do students learn this in school? Teachers from the college level on down are generally the least alert people on the planet, they have no understanding of the subject. Most teachers started their careers after a life of formal education and nothing else. For them life is about scored tests, quizzes and exams, with the answers all known in advance. Real life is the opposite. It is about opportunities that are sometimes only seen by one individual." Continue reading

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Nasty Gal: From eBay To Multimillion-Dollar Company In Seven Years

"I'm a capitalist, I'm a CEO, I run a big business, I'm an employer,' says Sophia Amoruso, the 29-year-old head of Nasty Gal, the online fashion retail empire that she transformed from an eBay vintage store into a $240 million company in just seven years. 'But it's all secondary to the way it happened, because I could be anything.' What Amoruso has created is a sizeable niche business in the high-margin fast-fashion space. Her company sells edgy, retro-inspired looks at reasonable prices—$50 tops, $70 dresses—and some actual vintage items to a rabidly loyal customer base of young women, frothed up by almost constant social media interaction." Continue reading

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Elon Musk’s New Hologram Project Invites ‘Iron Man’ Comparisons

"In the 'Iron Man' trilogy, billionaire inventor Tony Stark uses a gesture-controlled hologram to draft new designs of the titular armor, sending virtual parts flying around his lab with the flick of a wrist. Tesla and SpaceX CEO Elon Musk—who is often compared to Stark by the tech press—is apparently creating the real-life equivalent of that fictional hologram system. 'We figured out how to design rocket parts just w hand movements through the air (seriously),' he Tweeted August 23. 'Now need a high frame rate holograph generator.' In a follow-up Tweet, he added: 'Will post video next week of designing a rocket part with hand gestures & then immediately printing it in titanium.'" Continue reading

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Bitcoin Exchange Berlin Is Bringing Digital Currency to Market

"While there was beer, it was less of a bar environment and more of a full-fledged street market. There was stuff perched up on crates, other products in a shopping cart. The DJ spun reggae records that kept the vibe chill and quiet. Business cards were exchanged, while others had their contact info on stamps to save paper. What makes this Berlin series different than the open air exchanges in New York, for example, is that people were actually buying and selling products, on top of the typical bitcoin exchange. Also, there were girls. And it was arty." Continue reading

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