Line-up (LI.NE UP)
S.m. 1. Pronuncia-se lainápe 2. Conjunto de artistas e profissionais do entretenimento que se apresentam em um determinado evento 3. No universo coxinha, um line-up normalmente é constituído por dj’s - homens, mulheres e ex-participantes de reality show que ganham a vida dando…
Jeffrey Tucker (@JeffreyATucker), editor of Lassez-Faire Books and past editorial vice president of the Ludwig von Mises Institute, posts how deflationary currency brings a change to what we know about money. Excerpts:
“None of us in living memory has had experience with a currency that rises in value. The emergence of Bitcoin — a digital currency that has grown in purchasing power over time — has changed that experience dramatically.”
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“The 20th-century experience flipped our expectations for what money should do. Especially in the postwar period, the falling value of the dollar punished savings and rewarded spending. This is exactly what the Keynesian economists hoped for. They wanted money always circulating and never ‘hoarded.’ ‘Deflation’ was to be avoided no matter what.”
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“Bitcoin is often described as a ‘deflationary’ currency. This is exactly why Paul Krugman hates it so much.”
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“Here’s what beautiful about this experience: It doesn’t matter in the slightest what Paul Krugman thinks. It doesn’t matter how many economic experts Paul Krugman lines up to oppose Bitcoin. It doesn’t matter how many Nobel Prize winners denounce it and oppose it. That’s because Bitcoin is not a “policy” invented by elite and privileged intellectuals. It is a market-based currency, one created by an entrepreneur and chosen by market players.”
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“That is an essential postulate of the free society. When government gets hold of the money, freedom is in peril. When the market makes and manages money, freedom has a built-in reinforcement in half of every transaction. In short, just based on our experience with Bitcoin so far, we see the conventional wisdom of a century completely turned on its head. Fantastic!”- http://lfb.org/today/what-bitcoin-is-teaching-us
- http://bitcointalk.org/index.php?topic=171577.0 (Further discussion of the article)All News - Daily E-mail Subscription - Twitter: @BitcoinNews
Bathers read magazines near shoreline while floating in the Dead Sea, December 1964.
Photograph by Luis Marden, National Geographic
A maneira mais segura de pedalar pela cidade: juntos.
Three eras of currency
Commodity based, e.g. Gold
Politically based, e.g. Dollar
Math based, e.g. Bitcoin
Shan man and two priests prepare to set off bamboo rockets in rain, Myanmar, November 1931.
Photograph by W. Robert Moore, National Geographic
We had some very sad news today.
So, this is our last tribute to this guy who made our childhood so much better.
Thanks for the laughts. Thanks for the support.
Thanks Big Cry Boy.
Coinbase Is Now Selling Over $1M USD Of Bitcoin Per Month
Just 3 shorts months ago we announced people could buy or sell Bitcoin by connecting any U.S. bank account on Coinbase.
Since then, the response has been amazing.
In the past 30 days, our customers have bought or sold over $1M USD worth of bitcoin on Coinbase, and demand is continuing to grow.
Thank you all for using the service, sending us feedback, and sharing Coinbase with your friends. It’s been an amazing ride (and it’s just the beginning).
um desenho hipster
A week ago today, Aaron gave up. And since I received the call late Friday night telling me that, like so many others who were close to him, I have not rested. Not slept, really. Not connected with my kids, at all. Not held my wife except to comfort her tears, or for her to comfort mine.
Instead…
