Entrepreneurship

Edward Snowden And The Disruption Of Government

"What I want to focus on in this post is not Snowden himself, but what he represents, and what this may mean for governments and peoples over the next few decades. I believe we are in the midst of a centuries-long shift of power from state entities to the people those states have traditionally governed. What exactly the result of this evolution will be I don’t know, but I believe 'the State' as we know it has a limited lifespan and what replaces it, while perhaps imperfect, will be an improvement in terms of peace and prosperity. It can be explained in part by examining the research and teachings of noted icons of the business world Clayton Christensen, John Boyd, and Sun Tzu." Continue reading →

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Draper University Becomes the First Educational Institution to Accept Tuition in Bitcoin

"Draper University, a cutting edge boarding school for young entrepreneurs from all over the world, received its first tuition payment in Bitcoin for its summer session, which starts June 24. Draper University accepts various forms of tuition payments, including bartering for services, and now will also accept Bitcoin for tuition payments. The university, located in downtown San Mateo, offers an innovative program designed to inspire, cultivate, and educate students who dream to build companies that change the world around them. Draper University offers four sessions a year and is intended for young entrepreneurs between the ages of 18 to 26." Continue reading →

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Meet the world’s first Bitcoin baby

"Dr. C. Terence Lee, a fertility specialist based in Brea, Calif., flashes a photo of a beaming infant across a projection screen and announces: 'This baby was bought with bitcoins.' No, this isn't a black-market deal brokered in the Internet's shadowy corners. The child was born thanks to a frozen embryo transfer cycle paid for with bitcoins. Lee says it's the first time he's aware of that anyone has paid for fertility treatments that way. The baby is the biggest -- and definitely the cutest -- victory yet for Lee in his campaign to persuade his patients to pay him for his services with bitcoins." Continue reading →

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LibertyBit Bitcoin Exchange – OPERATIONS SUSPENDED

"It is with great regret that we have decided to temporarily suspend operations due to bank account closure and a surge of fraudulent transactions. These last six months have been a wild ride. We've had an incredible opportunity to take part in the Bitcoin revolution and help thousands of new and experienced users trade more easily. A big thank you to everyone who has supported us, pushed us, and given us valuable suggestions to make this service even better. Bringing Libertybit to life has been our passion for the last year, and it's been an honor to offer this service to all of you." Continue reading →

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China Backs US Startup Coinbase And US Falls Behind In Virtual Currencies

"Seven months ago, Fred Ehrsam pitched his bitcoin-based startup Coinbase to more than a dozen Silicon Valley investors. Ehrsam got more than a few blank stares. He spent most of his time explaining the concept of peer-to-peer currency, which is emerging as the world’s default platform for digital money, than he did describing his plans for the company itself. So, he and his co-founders turned to the Chinese, specifically, to IDG Ventures. To the Beijing-based venture capitalists, the PayPal-like service for buying, selling and accepting bitcoins was a perfect fit." Continue reading →

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Burner Phone – A Simple and Anonymous Disposable Cell Phone

"Our Burner Kit is the simplest, most secure, and most affordable pre-paid cell phone kit in the US. The Burner Kit comes with a quality disposable cell phone, in addition to unlimited voice and SMS messaging for 30 days. After 30 days, just throw away your Burner Kit and you'll never have to worry about compromising your identity. We take your privacy seriously. You can purchase your Burner Kit using Credit or Debit card or Bitcoin (an anonymous digital crypto currency). Every time you make a purchase we'll package and ship your order, then destroy all transaction records in our system. We make it impossible to give or share your information with anyone." Continue reading →

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Sears Plans To Retrofit 2,500 “Ghostbox” Stores As Data Centers

"There are over a billion square feet of vacant commercial space in the US right now, most of it in the form of big box stores. This month, Sears announced the formation of a stand-alone company—the ominously-named Ubiquity Critical Environments LLC—to handle to conversion of thousands of Sears and KMart stores into data centers. Ultimately, the structural skeletons of these stores will house servers, chillers, and generators, as well as roof-mounted antennas. In a crushingly ironic twist, the centers will target medium-sized e-commerce retailers—the very companies helping to put department stores out of business." Continue reading →

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Texas Gun Sales Are Off the Charts

"Gander Mountain is opening four new stores in Texas. The company describes itself as a 'firearms super center.' Demand is high and growing. The stores are for outdoorsmen, but these days, indoorsmen are walking in the stores’ doors too. Texas is gun-friendly. The boom in ammunition sales shows no sign of tapering off. This marks a change in sentiment. Gun owners are responding to political threats in the Northeast, but in the West and South, there is no trace of gun control sentiment." Continue reading →

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New York ‘soccer mom’ accused of $3 million marijuana operation

"Andrea Sanderlin was described by friends and neighbours in the upmarket town of Scarsdale as a 'soccer mom' who drove a Mercedes SUV and competed in horse riding competitions. But the federal drug enforcement agency alleges that the 45-year-old was in charge of a 'sophisticated operation to grow and process marijuana', according to the criminal complaint. Investigators linked Sanderlin, who has two daughters aged 3 and 13, to a warehouse that was using 'an unusually high amount of electricity'. In a separate raid on her Scarsdale home authorities found books on how to grow marijuana and how to launder money, according to the DEA." Continue reading →

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