If the notion of bitcoin intrigues you, yet you find yourself intimidated by the complicated techno-jargon surrounding it, then the documentary "Bitcoin: Beyond the Bubble" is for you. This incisive overview explains the intricacies of the cryptocurrency in an engrossing and easily digestible manner.
The film begins with an examination of popular currencies throughout history, including our long-time reliance on precious metals like gold and silver as well as the system of the U.S. dollar that is most commonly employed today. Bitcoin is viewed by many as the next logical evolution from these currencies, and a highly desirable one at that.
Bitcoin, coupled with an interface known as blockchain, is a completely decentralized network that eliminates all intermediaries from the currency exchange process. This is one of the major factors that set it apart from dealings with traditional banks or credit card companies, and it's a significant reason why these firmly established institutions are threatened by the growing popularity of the cryptocurrency.
Sunday, Sep 2nd 2018 (12:04am)
The U.S. has a surplus of $20 billion with China and $1.4 trillion with the rest of the world.
That’s not a normal trade balance, of course, where the U.S. registered an annual deficit of more than $330 billion with China and about $550 billion with the world last year, but an "aggregate sales surplus" which measures both direct trade and the sales of multinational companies, according to research by Deutsche Bank AG.
Monday, Jun 18th 2018 (4:53am)
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Here’s a casualty of the cashless society you might not have previously thought of: the humble street performer. After all, if more of us are paying our way with smartphones and contactless cards, how can we give spare change to musicians on the subway? London has one solution: a new scheme that outfits performers with contactless payment terminals.
Sunday, Jun 3rd 2018 (12:00am)
Chuck E. Cheese tokens are for arcade games, not paying your overdue book fines, one local library is reminding its patrons. The Peabody Institute Library, which is the public library for the town of Danvers, took to Facebook this week to spread the word.
Monday, Sep 4th 2017 (12:00am)
I'm sure you fantasize about how great life would be if you got that big windfall drop into your lap. Well, it turns out that a boatload of money can be one of the worst things to ever happen to you. Here are several cases where all that dough went down the drain, to boot.
Thursday, Aug 24th 2017 (12:00am)
You’ve never heard of Yuji Ijiri. But back in 1989 he created something incredible. When people look back hundreds of years from now, only the printing press and the Internet will have it beat for sheer mind-boggling impact on society. So what am I talking about? What did Ijiri create that’s so amazing? Triple-entry accounting.
Friday, Jul 14th 2017 (12:00am) | Thanks: medium
The next time you spot a red quarter, and the date on it is from before 1992, there is a very good chance that it was used to make someone's arcade experience a happy one. Keep the cycle going and use it to credit-up the next video game you come across!
Monday, Feb 13th 2017 (12:01am)
Canadia has a minted million-dollar coin, the world's first. The legal tender is struck from 100 kilograms of 99999 pure gold bullion, and there are currently five in circulation.
Like most Americans, I have it in the back of my head that I will someday, somehow become fabulously wealthy. Having no real skills that would ever get me to that point honestly, I naturally depend on the lottery to make me rich.
Vice Media found a lawyer who specializes in keeping lottery winners on track, and asked him for a primer on how to handle this financial eventuality.
Money can buy happiness according to Cambridge University. In a study of almost 77,000 bank transactions, they found people who spent more on purchases that matched their personality were happiest.
Friday, Apr 8th 2016 (12:03am)
The odds of winning the Powerball jackpot are 1 in 292,201,338. But someone has to win, right? We decided to put that idea to the test. This game starts with $100 to play against multiple lottery drawings. Pick your numbers and watch the money disappear. Based on the odds, you're likely to hit numbers that pay out smaller prizes. This is for educational purposes only, we're not giving you any money. Oh, and good luck!
Monday, Jan 11th 2016 (12:00am)
Looking at purchasing power compared to the average, this interactive map will show you how far your money really goes where you are... or where you'd like to go. Very handy if you're shopping for a new place to move to.
Friday, Jul 17th 2015 (12:02am)
The backsides of the new banknotes feature color palettes that look like digitally blurred versions of the images found on the fronts of the bills. Both sides of the bills were selected by Norges Bank during a competition held in the spring of 2014.
Thursday, Oct 9th 2014 (2:46am)
Dante's Peak (1997)
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