Entrepreneurship

Why You Should Take Your “Health” Into Your Own Hands

"Cost-shifting takes place in the form of two insidious scams, patiently described to us by Dr. G. Keith Smith, an Oklahoma City MD who’s doing his level best to undermine the practice. The first scam is called 'uncompensated care.' The second scam involves the insurance scheme known as preferred provider organizations, and is called 'PPO re-pricing.' What is the actual cost of that '$100,000' procedure? About $7,000-8,000. For everything. Including the facility, surgeon and anesthesia charges. That’s what Smith would charge you at his outpatient surgery center in Oklahoma City… a lone outpost of 'price transparency' within U.S. borders." Continue reading →

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High Profile Digital Forensic Services Company SYTECH Embraces Bitcoin

"In August 2013 SYTECH announced its move into Bitcoin: offering data recovery services to salvage coins from damaged hard drives, mobile phones and other storage mediums. SYTECHis accepting Bitcoin as a payment method for its services, and offering a 5% discount to any client who pays in Bitcoin. In a world first, SYTECH has announced a stolen Bitcoin tracing and recovery service; turning its decades of digital forensics expertise to tracing online Bitcoin criminals and recovering stolen Bitcoin for their clients." Continue reading →

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New York’s Crony Motivated Swipe Against the Sharing Economy

"Nigel Warren, an East Village resident, was fined $2,400 for running an illegal hotel because he rented his bedroom out to a visitor for three days. He wasn’t operating a sleazy flophouse, and the entire transaction was markedly casual, but he was prosecuted nonetheless. Warren’s offending transaction took place through Airbnb, an online hostelling website. Airbnb works on a peer-to-peer structure, connecting people with extra space to people who can’t (or don’t want to) shell out for a regular hotel. One can’t help but suspect big hotel powers might be lurking behind a law that forbids short stays anywhere but in hotels." Continue reading →

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Lamassu: Bitcoin ATM Machine

"This is the Bitcoin Machine. Here's how it works: 1. Scan your Bitcoin QR code. 2. Insert cash. 3. You have bitcoins! Buy yourself something pretty. [..] Do I require a license or permit to operate the Bitcoin Machine? Some jurisdictions may have regulatory requirements (such as KYC/AML). We would advise to consult with an attorney prior to operating these machines. If you are located in the US, we require a signed due diligence questionnaire prior to shipping." Continue reading →

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Vancouver businesses jump on the Bitcoin bandwagon

"A new and innovative payment system has a number of Vancouver business owners intrigued. A slew of local businesses, from coffee shops to moving companies, are adopting Bitcoin – a new currency that many believe will revolutionize the way we think about money. Bitcoin is a digital currency, meaning it has no paper trace and lives entirely online. 'Bitcoin was really born out of banking bailouts,' says Michael Bliss with Vancouver Bitcoin Co-op. 'It is the future of money, no doubt.' The Bitcoin Co-op that Bliss co-founded is a local network for people interested in Bitcoins — traders, investors and merchants." Continue reading →

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A Treasure Hunt Within a Treasure Hunt

"There are thousands of mineral exploration companies, most of which have nothing and will never discover anything. Most of the money these companies raise in the market will be poured into the ground, and even if management is honest and competent, the odds are long against it ever doing any good. This makes identifying companies likely to make a significant, economic discovery before they do so extremely difficult—and hence enormously profitable. But when an exploration company announces rich enough drill results, share prices go through the roof. Pennies turn into dollars. Dollars turn into fortunes." Continue reading →

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Eccentric Beijing resident builds rock villa atop apartment skyscraper

"Neighbours have complained about China’s latest architectural oddity, which covers more than 1,000 square metres (10,000 square feet), saying they fear it could cause the structure to collapse on top of them, the Beijing Morning Post reported. Authorities have posted notices that the villa in the Haidian area in the west of the city is illegal, it added. Houses standing on top of multi-storey buildings are not unknown in China, where a rising property market is making land more and more expensive. A developer in central China built 25 luxury villas on top of a shopping mall, which became migrant workers’ residences after authorities declared them illegal." Continue reading →

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Point-and-shoot scanner copies and creates almost any item using a 3D printer

"A British has inventor has unveiled the ultimate Star Trek gadget - a £650 handheld scanner that could be used to copy almost any item. The Fuel3D scanner, originally developed at Oxford University, can capture everything from a flower’s petals to the contours of human skin. It is able to capture images in seconds, and they can then be sent to a computer for processing. When combined with a 3D printer, it could be used to create 3D copies of everything from broken parts to 3D portraits." Continue reading →

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Dotcom: Surveillance and Copyright Extremism Will Cost United States Dearly

"'The US government and the other Five Eyes partners (UK, Canada, Australia and New Zealand) have an agreement to push for new spy legislation that will provide them with backdoors into all Internet infrastructure and services. The NZ government is currently aggressively looking to extend its powers with the GCSB and the TICS act, which will force service providers with encryption capabilities to give them secret decryption access,' Dotcom explains. 'The US is on a path of destroying its massive lead in the Internet economy. Mass surveillance and copyright extremism will cost the US economy more than any terrorist attack or piracy,' Dotcom says." Continue reading →

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