free market

It’s Time for a Crypto Bank: The Crypto Finance IPO

"Coupled with recent moves from the US Government, the sporadic shutdown of Bitcoin services, and suspicion from many other banks over Bitcoin transactions, users must be eagerly awaiting the launch of the world’s first crypto bank: Crypto Finance. Crypto Finance is planning to launch in Q4 this year, and will be based in Panama. The company will offer personal and business bank accounts for individuals converting up to 20 different Fiat currencies, and an exchange for purchasing crypto currency with Fiat currency. Transactions will be faster, fees lower, and '100% of the funds will remain intact in the customer’s account'." Continue reading →

Continue ReadingIt’s Time for a Crypto Bank: The Crypto Finance IPO

Here’s What It’s Like To Buy Drugs On Three Anonymous Online Black Markets

"The hardest part of scoring drugs in the age of the digital black market? Choosing among all the consumer-friendly websites ready to sell them. Our results were mixed, and far from scientific, since we made only one buy per site, and each site hosts dozens or hundreds of vendors. (The sites’ third-party seller model is more akin to eBay and Etsy than Amazon or Zappos.) We also couldn’t test the quality of the products–Our lawyer insisted we destroy them. (See video below.) But this much is clear: the age of narcotics e-commerce has arrived." Continue reading →

Continue ReadingHere’s What It’s Like To Buy Drugs On Three Anonymous Online Black Markets

Jeffrey Tucker: How Medical Innovation Redefines Our World

"I suppose I had thought deafness was a permanent accident that humanity would always deal with. Before the late 19th century, people probably thought the same about infant mortality and hundreds of diseases that have since been cured. In the Middle Ages, it must have been this way with tooth pain, the pain of childbirth, and the inability to communicate with anyone outside your immediate vicinity. All human problems seem intractable and perpetual when they are ever-present. But there are always a few among us who do not see problems this way. They see problems as rooted in the lack of some technological solution. And they get to work on a fix." Continue reading →

Continue ReadingJeffrey Tucker: How Medical Innovation Redefines Our World

Gupta Mea Culpa

"Dr. Sanjay Gupta has recently reversed his opposition to marijuana legalization and apologized for supporting marijuana prohibition. His reversal is a good reminder that our ultimate goal is to be rid of an entire health care system by which we are ruled by health care technocrats, bureaucrats, and politicians. The mainstream perspective is that experts and technocrats should establish what the best medical practices are and then bureaucrats should enforce those practices on everyone. Practices deemed suboptimal, unproven, or potentially dangerous should be prohibited by politicians and the prohibition enforced by bureaucrats." Continue reading →

Continue ReadingGupta Mea Culpa

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 →

Continue ReadingVancouver businesses jump on the Bitcoin bandwagon

Bees Brothers keep thriving and already mined their first Bitcoin

"Being homeschooled, the Huntzinger brothers had a lot of freedom to experiment within their new passion (creating their own recipes, for instance), until they discovered Bitcoin and the business got even more interesting. 'One of the reasons we chose to homeschool was to have the freedom to learn what the kids want and have fun doing it. Neither of us knows anything about cryptography, so we are having to learn it too, but hopefully soon they can teach themselves without us. This journey of learning about bees, starting a business, and now the world of cryptocurrency has been a great learning adventure for the whole family', explained the parents." Continue reading →

Continue ReadingBees Brothers keep thriving and already mined their first Bitcoin

With Detroit’s Bankruptcy, Anarchists Have Begun Project “Free Detroit”

"With much of the city in disarray and literally moving away, the cost of living has gone down dramatically with housing prices in some cases reaching only a single dollar. Michigan market-anarchists from the 'Michigan Peace and Liberty Coalition' are coming together to put 'theory into reality' when it comes to free markets. In their plans, coalition members believe they’ll be purchasing an estimated five blocks of property. Free Detroit members hope to provide food production, security, water collection, education, construction, communications, child services and many others – through agorism, without any government intervention." Continue reading →

Continue ReadingWith Detroit’s Bankruptcy, Anarchists Have Begun Project “Free Detroit”

Fears of NSA surveillance hurting the U.S. cloud computing industry

"American technology businesses fear they could lose between $21.5bn and $35bn in cloud computing contracts worldwide over the next three years, as part of the fallout from the NSA revelations. Some US companies said they have already lost business, while UK rivals said that UK and European businesses are increasingly wary of trusting their data to American organisations, which might have to turn it over secretly to the National Security Agency. The ITIF survey found that of those outside the US, 10% had cancelled a project with a US-based cloud computing provider, and 56% would be 'less likely' to use a US-based cloud computing service." Continue reading →

Continue ReadingFears of NSA surveillance hurting the U.S. cloud computing industry

Mongolian Stock Exchange reforms unlock potential of 45 billion USD

"The Mongolian Revised Securities Market Law will come into effect on January 1, 2014 and legal organizations are currently working to reform related laws and regulations before its arrival. The law’s initiators stress that the Mongolian stock exchange market, valued at 1.4 trillion MNT as of July 2, will be able to grow, as well as its convertibility, by introducing reformed and revised regulations in Mongolia’s securities market. Representative of the Mongolian Stock Exchange thus stressed that Mongolia’s stock market range, which tripled in the last four years, will be able to expand up to 30 times." Continue reading →

Continue ReadingMongolian Stock Exchange reforms unlock potential of 45 billion USD