The issue is whether Bitcoin will ever be so widely adopted that it acts like a real, stable currency. Right now, it’s more like a commodity with wild price swings on rumors, articles, anonymous chat-board postings, and well-publicized problems with theft. Most people should wait at least until those issues are resolved. Generally, however, average folks shouldn’t be making direct forays into currency trading; Bitcoin feels a bit like online investing, but it’s more like diving into foreign exchange with even less information on which to make currency calls.Read more »
The organization "Anonymous" is currently in the process of raising the funds to purchase an entire town. According to information on the site listed in the URL, the town up for sale is Scenic, SD, for the price of $700,000.00. Based off of information gleemed from the website, this movement seems to be growing leaps and bounds day by day. Leaders in the organization are currently searching for alternative energy grants, donors, and, of course, donations which could lead to business and property developments. Speaking my opinion, I will be following this story closely as it develops.Read more »
Wired.com writes a great article about The Silk Road and Bicoin. Headline: Underground Website Lets You Buy Any Drug ImaginableRead more »
The underground market seeks to encourage food entrepreneurship by helping young vendors avoid roughly $1,000 a year in fees -- including those for health permits and liability insurance -- required by legitimate farmers markets. Here, where the food rave -- call it a crave -- was born, the market organizers sidestep city health inspections by operating as a private club, requiring that participants become "members" (free) and sign a disclaimer noting that food might not be prepared in a space that has been inspected.Read more »
This isn't an exhaustive list, by any means. But it's a list of 16 recent news items that spell trouble. From Wal-Mart itself warning people of inflation, to the fact that food manufacturers are quietly reducing the size of food packages (so that they don't have to raise prices ... for the time being), there's trouble on the horizon.
The author suggests not panicking, not worrying ... and looking to agorism.Read more »
Freifunk is an international Project for free wireless networks and frequencies (Open Spectrum).Read more »
Curt Howland clearly thinks that the State takes credit for what people are already doing.
So would you push Rothbard's button and "delete the state"?Read more »
I'm astounded that this article appeared in Time (or at least on their website). They rationally propose the fact that college might not be for everyone, as well as talk about the underground economy:
"Faced with the burden of financing the decades-long retirement of aging boomers, many of the young embrace a new underground economy, a largely untaxed archipelago of communes, co-ops, and kibbutzim that passively resist the power of the granny state while building their own little utopias."Read more »
Free Talk Live Video Validation for Shrine of Lady Listeners.
We interview October 2009 Ladies of Liberty Alliance Calendar Girl Leah Patrick about underground economies, black markets and of course Tattoos!
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