Entrepreneurship

Farm Fresh Food with Bitcoin – La Nay Ferme help Beccy & Austin eat!

"Austin & Beccy Craig relish the chance to purchase fresh produce and eat real food with bitcoin. They buy a share in a local CSA, La Nay Ferme in Provo, Utah (CSA=Community Supported Agriculture). The farm's owner Clint shares his philosophy about food, about community, about money, and about bitcoin. Life On Bitcoin is a documentary film project about intrepid newlyweds Austin & Beccy Craig who are living the first 90 days of their married lives only on bitcoin. They are asking businesses all around where they live to accept bitcoin. They will also be traveling using bitcoin." Continue reading →

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South Korea’s $4 Million Teacher

"Tutoring services are growing all over the globe. But nowhere have they achieved the market penetration and sophistication of hagwons in South Korea, where private tutors now outnumber schoolteachers. The bulk of Mr. Kim's earnings come from the 150,000 kids who watch his lectures online each year. For decades, the South Korean government has been trying to tame the country's private-education market. Politicians have imposed curfews and all manner of regulations on hagwons, even going so far as to ban them altogether during the 1980s, when the country was under military rule. Each time the hagwons have come back stronger." Continue reading →

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The Bitcoin Gambling Diaspora

"Bitcoin gambling is growing to be much more than just SatoshiDice. Of couse, many old-time gambling sites like BitZino and Seals with Clubs have been providing alternatives to SatoshiDice all along, but in the opening months of 2013 the massive success of Erik Voorhees’ juggernaut has prompted dozens of people to come up with alternatives. We now have the roulette-style wheel games SatoshiCircle and most recently BitcoinSpin, the minefield Satoshi Karoshi, the SatoshiDice clone SuzukiDice offering half the fees of the original, and the lottery BitMillions, and new sites are opening practically every week." Continue reading →

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Bitcoin suitcase eats your pocket change, spits out digital currency

"A hacker called Garbage was milling around outside of the Rio convention center showing off the invention to fellow Bitcoin enthusiasts. 'Most people know about Bitcoin, but they don't have it,' he said, hailing from Kalamazoo, Michigan with his group TwoSixNine, which built the device for around $250 using a Raspberry Pi microcomputer and a portable 4G modem. It takes in your spare change through a metal coin slot, checks the current exchange rate on Bitcoin trading post Mt. Gox, and prints out a QR code on receipt paper, which contains the cryptographic hash you can use to redeem your digital gold nugget." Continue reading →

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The Future of Weed: HIGH COUNTRY

"In HIGH COUNTRY, Motherboard heads to Denver--ground zero for cannabis legalization, and home to a booming tech sector in what could be called the SIlicon Valley of weed--to inhale the newest high-tech highs. We visit the key players scaling up this new green tech, wrap our heads around all the money to be made, crack open the confusing science of America's No. 1 cash crop, and smoke dabs." Continue reading →

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John Carmack: Armadillo Aerospace in “hibernation mode”

"There is a good reason for that silence over the last five months: the company is, for the time being, effectively out of money. 'The situation that we’re at right now is that things are turned down to sort of a hibernation mode,' Carmack said Thursday evening at the QuakeCon gaming conference in Dallas. 'If we don’t wind up landing an investor, it’ll probably stay in hibernation until there’s another liquidity event where I’m comfortable throwing another million dollars a year into things,' he said. Funding Armadillo, he said, has 'always been a negotiation with my wife,' he said, setting aside some 'crazy money' to spend on it." Continue reading →

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Bitfury 400 GH/s Bitcoin Mining Rig Hits US Shores; $19,250 For August Delivery

"With hundreds of units expected to land in Europe and the Americas this month, Bitfury products represent the most advanced chips to hit mass production and will significantly change the bitcoin mining landscape. Bitfury ASIC chips use a 55nm process and are sold running at an estimated 1.56 GH/s per chip, with demonstrated performance up to 2.7 GH/s. Although they are clocked slower than Butterfly Lab’s 4 GH/s chips, they will run 4x more efficiently at 0.8 Watts/Ghps. Power efficiency will be a deciding factor in a bitcoin miner’s longevity as profitability narrows with increasing difficulty." Continue reading →

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A Stainless Steel Bitcoin Wallet

"This project is to make your own Stainless Steel Bitcoin Wallet. You'll need a plate of stainless steel. About 3x6 inches. You'll need a DC power supply of some sort. I used a fairly large bench-top version, but you can use just about anything. It just might take longer to etch. Anywhere from a 9 volt battery (maybe) to a wall-wort, to a hacked ATX." Continue reading →

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The Fed Doesn’t Control as Much as You Think It Does

"In actuality, the Fed has little control or influence over the things that really matter in the real economy. Innovation is often a meaningless buzzword (think 'financial innovation'), but it is also the key driver of wealth creation in the real economy. The Federal Reserve could be shut down and all its asset bubbles could pop, and innovations in energy, agriculture, transportation, education, media, medicine, etc. would continue to impact the availability and abundance of what really matters in the real world: energy, knowledge, water, food, and opportunity, to name a few off the top of a long list." Continue reading →

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Save Thousands With 3-D Printing Technology

"The typical family can already save a great deal of money by making things with a 3-D printer, instead of buying them off the shelf. In the study, Pearce and his team chose 20 common household items listed on Thingiverse. Then they used Google Shopping to determine the maximum and minimum cost of buying those 20 items online, shipping charges not included. Next, they calculated the cost of making them with 3-D printers. The conclusion: It would cost the typical consumer from $312-1,944 to buy those 20 things, compared with $18 to make them in a weekend." Continue reading →

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