Real Estate Listings from England: Silly-Saturday Reading

Browsing current property auctions is a part of covering investment news and information in markets both domestic and abroad. The ones below did not provide too much in the way of usable information but they were quite hilarious and, thus, still sort of a good read. Let’s go ahead and hire a real j-A-rk then — preferably to be a real estate agent (and come up with things like in the next listing pictured below). It appears that Anglian Water Services Ltd are auctioning off their family silver. Indeed — good to know: the listing particulars state that the site...

Hidden in Plain Sight: a Truly New Economy, Web 3.0 and Virtual Currencies

With the economic crisis officially declared in 2008, and far from solved despite some conflicting news suggesting otherwise, there has been set in motion a more fundamental process of change with a potential to affect overall economics and world trade as fundamentally as the invention of the Letter of Exchange in medieval Venice or the concept of limited liability in 17th century maritime commerce. The emerging commercial vehicle is an array of virtual currencies. While actually experimented with since the late 1980s in the San Francisco Bay and other local areas, the latest generation of virtual currencies evolving are of...

Why Does Bitcoin Have Value?

“Where is Bitcoin’s value coming from, anyway…?” Pretty simple: Bitcoin has evolved into something that a lot of people want — like, or even more so than, a dollar or a yen — and Bitcoin is in limited supply due to the complex proof-of-work requirements underlying Bitcoin. This means, that even tough the system continues to crank out “coins”, this will stop when it reaches 21 million. The underlying idea of Bitcoin was to create a currency whose value, unlike that of the dollar, could not be watered down by some central authority like the Federal Reserve. When all 21...