Entrepreneurship

3-D Printing Revolution: Printing Human Hearts

"Creating a solid, three-dimensional object from a printer sounds like science fiction but it’s very real. 3-D printing has created prosthetic legs, racing-car parts, customized mobile phones and more. 'These were experimental technologies for decades and now they’re commercial,' says Josh Brown, vice president of Fusion Analytics. 'And the applications essentially cut across every vertical from health care to defense to aerospace to manufacturing to oil and gas. There is nothing that’s not going to benefit from some of these newly commercialized 3-D technologies.'" Continue reading →

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What’s An American To Do?

"The decision by Reed Exhibitions to ban modern sporting rifles, their documentation, any pictures or even brochures of these 'products that in the current climate may attract negative attention' has caused a maelstrom of outrage. A boycott of sponsors, vendors and the NRA has grown quickly, and now virtually no major gun manufacturers will be exhibiting or participating in this year’s show. A ‘Virtual Sports Show’ has been set up to allow companies choosing to opt out of the exhibition in support of our rights under the second amendment can still connect with customers wishing to support them and purchase their products and services." Continue reading →

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BitPay Surpasses 10,000 Bitcoin Merchant Transactions, Zero Cases of Payment Fraud

"The key benefit that companies are starting to realize with bitcoin is the fraud mitigation. With credit cards, one out of every 167 transactions turns out to be fraudulent for domestic orders, and for international orders the rate is one out of every 50 transactions (source: Cybersource 2012 Online Fraud Report). Every day, more companies are starting to see the value that bitcoin can bring to their business, whether it’s reducing risk, expanding international sales, or improving efficiency." Continue reading →

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Indian Jeweler Becomes Billionaire as Gold Price Surges

"T.S. Kalyanaraman opened a shop in the southern Indian state of Kerala in 1993 and taught customers how to test the purity of their gold to expose cheating craftsmen. He was also the first jeweler in town to attach price tags to his gold and gem collection, angering competitors who accused him of ruining the trade. Two decades later, the 65-year-old has become a billionaire as a 12-year rally in gold prices fails to damp demand in India, the world’s largest consumer of the precious metal. He owns 44 stores in India and plans to open 36 more by March 2014, including five in the Middle East." Continue reading →

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Agorism and Nazism: A Study in Polar Opposites

"The reason why I want to mention System D is because it helps me starkly illustrate that in the final analysis what is being discussed here is simply human survival. This is a discussion that, without being hyperbolic, does touch upon life-and-death issues. To make this unexceptionable point crystal clear, Robert Neuwirth, in his book The Stealth of Nations, mentions how System D has helped people survive the financial crisis. Perhaps one of the most impressive examples of the counter-economics idea in action is that of what businesspeople did in order to evade the price control laws of Nazi Germany." Continue reading →

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‘The world needs more capitalism’ – Greta interviews Whole Foods co-CEO John Mackey

"This is really a great interview and very refreshing to hear as Whole Foods co-CEO John Mackey not only defends capitalism and free markets but tells Greta that the problem with the world isn’t that there’s too much capitalism, but that there’s not enough of it." Continue reading →

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Texas bank welcomes concealed handguns

"With a population of just 350 people, what Chappell Hill lacks in size -- it more than makes up for in flair. 'You never know who’s sitting in this bank,' said Ed Smith, president of the Chappell Hill Bank. 'If you’re coming in to rob it, I think you’re going to be in a world of hurt.' That’s because the person standing next to you could be packing heat. You see, the Chappell Hill Bank is the first in the nation that actually welcomes legally concealed handguns." Continue reading →

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Kim Dotcom poised for return with Megaupload successor

"Internet tycoon Kim Dotcom will launch a new file-sharing site at his Auckland mansion on Sunday, exactly a year after armed police arrested him at the same venue in the world’s largest online piracy case. Dotcom’s new venture, mega.co.nz, aims to recreate the success of his Megaupload empire, which boasted 50 million daily visitors and accounted for four percent of all Internet traffic before it was shut down after the police raid. Details of the planned service are scarce, but the site promises to use state-of-the-art encryption methods that mean only users, not the site’s administrators, know what they are uploading." Continue reading →

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3D Printing Technology Poised for New Industrial Revolution

"Engineers at the European Aeronautic Defence and Space Company (EADS) have used this technique to print out an entire bicycle that only needs added tires and a chain to be fully functional. British researchers, meanwhile, have printed a maneuverable drone with a rear-engine drive. Printed components are also used in Formula 1 racing and at NASA. Dental laboratories use 3-D printers to produce crowns, while doctors experiment with artificial heart tissue. Filmmakers also print animation models and automotive parts suppliers create replacement parts. The printing of electronic components is even in the works." Continue reading →

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BitPay Banks $510K In Investment To Become PayPal for Bitcoin, Already Has 2,100 Businesses On Board

"What makes Bitcoin so interesting is that it flies in the face of payment models that we’re used to today; it’s a push model rather than a pull one. When you give a website your credit card and billing information to buy something, the company is pulling money out of your account. Giving up that personal information isn’t the safest thing, and Bitcoin allows you to 'push' the money to a company to buy something. This means that no personally identifiable information goes with it, making eventual identity theft and fraud nearly impossible during the transaction." Continue reading →

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