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.

RT 35:00
By: spam_vigilante
Sunday, Sep 2nd 2018 (12:04am)
If you're not careful, you'll get a poor rate and could be charged high fees

Consumer Reports reports.
By: spam_vigilante
Saturday, Jun 30th 2018 (12:00am)
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.
By: spam_vigilante
Monday, Jun 18th 2018 (4:53am)
(more)   [Comments: 0]
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.
By: spam_vigilante
Sunday, Jun 3rd 2018 (12:00am)
This is pretty astounding. Obviously cash is more important than country to some people.
By: spam_vigilante
Wednesday, Apr 18th 2018 (4:29am)
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.
By: dave
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.
By: spam_vigilante
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.
By: dave
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!
By: dave
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.
By: dave
Monday, Jul 25th 2016 (12:04am) | Thanks: mefi
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.
By: dave
Tuesday, Jun 21st 2016 (12:01am) | Thanks: digg
Well how else are you going to pay for goods and services with your virtual currency that has no central bank?
By: spam_vigilante
Wednesday, Jun 8th 2016 (12:00am)
(more)   [Comments: 3]
Ever wonder what happens to all the money people throw into fountains? The Atlantic did, and found that the answer is different depending on where the fountains are and who owns them.
By: dave
Friday, Jun 3rd 2016 (12:01am) | Thanks: digg
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.
By: dave
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!
By: dave
Monday, Jan 11th 2016 (12:00am)
The makers of the game Cards Against Humanity had a sale on Black Friday, selling absolutely nothing for 5 dollars - you send them money, they send you diddly.

They made over $70k.
By: dave
Monday, Nov 30th 2015 (12:03am)
For $35,000 maybe some people can do exactly that and have a bit left over.
By: spam_vigilante
Friday, Aug 28th 2015 (12:02am)
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.
By: dave
Friday, Jul 17th 2015 (12:02am)
...or at least, help stave off their inevitable financial collapse for a few more days. It really was just a matter of time before crowdfunding entered the picture here.
By: dave
Thursday, Jul 2nd 2015 (12:00am)
No, this is not a clip about inflation or the buying power of your cash. Maybe there are other great uses for liquid anhydrous ammonia but this is one of them.
By: spam_vigilante
Friday, May 22nd 2015 (12:06am)
So you find yourself getting into a discussion about the national economy or perhaps individual state and world affairs. Where do you turn; just where do you go?
By: spam_vigilante
Tuesday, Feb 17th 2015 (12:01am)
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.
By: spam_vigilante
Thursday, Oct 9th 2014 (2:46am)
Is it really worth it to buy a larger pizza? You bet your ass it is.
By: dave
Thursday, Feb 27th 2014 (12:01am) | Thanks: jai dubs

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