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Matthew Fantauzzi

Bitcoin: How An Unregulated, Decentralized Virtual Currency Just Became A Billion Dolla... - 0 views

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    Bitcoin, a wildly popular virtual currency has reached the status of a billion dollar market. For those unaware, Bitcoin in an online currency and market, somewhat like Paypal. What makes it different is that it strives under no rules or government regulations. It works on a peer to peer basis, where a database journals transactions and ensure security among it's users. Created in 2009, Bitcoin hasn't been able to hit the mainstream market, that is, until now. Up until this point, Bitcoin has been seen as a shady form of currency, used mainly to conceal illegal transactions over the internet. However, due to the support it has been given by large networks such as Reddit, Bitcoin has been able to access a mainstream market, where it continues to grow and prosper today. It is clear that virtual currency will have a chunk of market space in the future, but how long until the government tries to shut it down or bare down regulations? And if these regulations are in place, will online markets such as Bitcoin be able to remain popular? Only time will tell.
saintmichaeld

As Facial Regulation Technology is Poised to Enter Everyday Life, Regulators Express Co... - 0 views

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    Computers are starting to recognize our faces. what does this mean? Let's find out. New and upcoming facial recognition technology like google glass will heavily integrate the face. it will be able to link someone's face out in the public, to an image of them on the web. In the future we would need to reformat exisiting legislation on privacy. Right now, by law, this potential action is not prohibited. This topic is already being discussed by people in positions of power who see the negative consequences to come. While people focus on the negatives, the positives don't get any real limelight! most of these include much quicker operating procedures for business, who can recognize potential customers. Security also becomes more efficient, which is a good thing when talking about the protection of people and business. It also seriously inflicts on an individuals right to privacy, though... for security in protecting people I believe this should be a mandatory, though. This might be something people will have to endure, whether they like it or not. But, it is better to embrace the future rather than reject it, so here's to computer tracking devices! One thing to point out is the younger generation will not be influenced by this at all. If we don't start to connect with newer technologies early, we'll end up like our grandparents!
James Harris

Four of the Five Highest-Paid Execs in the US Work for Apple - 0 views

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    Apple is the wealthiest company in the world possessing more money than the US government. With this being said, it is no surprise that four of the top five best paid executives in America are employed by Apple. It was reported by Bloomberg that they each receive a base salary of $805,400, but also get paid in stock options. At the top of the list, Bob Mansfield, Senior VP of Technologies makes a huge equivalent of $85.5 million a year. Next on the list is Bruce Sewell, Apple's lead lawyer, who makes $69 million a year. After that is Jeffrey Williams, Senior VP of Operations, who makes $68.7 million a year, and Peter Oppenheimer, Chief Financial Officer, who makes $68.6 million a year. I gave this article the economics tag because it deals with the salaries of highly paid apple employees. Personally, I think it is outrageous that these people make multi-million dollar salaries, and this kind of thing should be regulated.     
Olivia Marcello

Google's Consolidated Privacy Policy Draws Fresh Fire In Europe | TechCrunch - 0 views

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    Google is facing a privacy policy problem in Europe. Just last year Google was on 60 separate occasions about privacy notices. This brought the attention from the European privacy regulators. They told Google to give users "more control over their data." The European authorities found that Google had ignored their recommendations and requests. The European Commission stated that in order to strengthen national data, the authorities wanted to be able to give companies a fine up o 1 million euros, or  2% of their annual turnover.  Right now Google Now which is a mobile product in Android 4.1 which can access data on the phone through data points and it allows the phones physical location to be known. Google is having complete access to everyone's personal data which can be extremely unsafe
Ira Garcia

Insert Coin: The PowerPot portable electric generator (video) -- Engadget - 0 views

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    This article is about a pot, called "The PowerPot" that can charge USB devices like smartphones, GPS Devices and LED lamps. This works by using thermoelectric modules to convert temperature differences into a 5-, 10- or 15-watt regulated power stream. So basically, you can charge your devices while cooking food or boiling water.
marktoniolo

Bitcoin vs. Coin: Which will have the most success in 2014? - The Next Web - 0 views

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    The Bitcoin and "Coin" are two different virtual currencies with no intrinsic value, but still give the capability to purchase whatever you want as a consumer. Bitcoin is a digital crypto-currency that is ran over the internet. It runs off of bitcoin miners and traders. The currency "coin" however, still uses your countries own currency. It is a beta-project of a credit card, that can hold all of your cards into one. You can have your debit, visa, and mastercard all on the coin. This simplifies purchasing goods because you only need one card that can do many specific things. This article compares the two types of future currency. After reading this article I believe the "Coin" is a safer and more reliable option. It allows us to use actual tangible money, and this money is non-volatile and regulated by the government unlike Bitcoin which goes through many spikes in prices.
robford-jlm

Goldman Sachs: Bitcoin Is Not A Currency | TechCrunch - 0 views

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    Bitcoin; the once elusive currency reserved for shady transactions on the deep web has become popular over the past 12 months, but a recent collapse has its integrity in question. Firstly, it is important to understand what bitcoin is. For the uneducated, Bitcoin is a digital only 'currency' that is used like regular money, to make transactions, with the added bonus of (possibly) being anonymous. Due to an exploit in Bitcoin and in the online wallet service, Mt. Gox, Many people are raising an eyebrow about the reliability and integrity of the currency. Goldman Sachs, a HUGE investment banking company, recently weighed in and called Bitcoin a "speculative financial asset", not a currency. Personally, I think the currency, which was created with the purpose of being an anonymous hard currency, has failed because it has gone to the mainstream. The money isn't heavily secured, as the recent online bank heists have shown, and has no real advantage for the public. Bitcoin worked fine, amazing even, as a P2P currency only used by the deep web community, but its gotten to big and needs regulation to stay constant. This, however, is against the very nature of BTC and will therefore not be supported by the community. All in all, BTC is an interesting idea that worked on the micro scale, but cannot hope to function on the macro.
Winnie Huang

Powdered alcohol is coming to a liquor store near you | The Verge - 0 views

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    Just when you thought that the authoritative figures of North America could not have been more messed up, the American government turns up and pulls something like this: Palcohol, take your Pal wherever you go! This is a powdered form of alcohol (in packets that you rip and mix the contents in water to receive hard liquor - or maybe even cocktails from pre-mixed powders) that the government has apparently legalized the production of, ignorantly raising the potential of underage drinking when they should be doing everything in their power to discourage it. This Palcohol concerns me greatly as it also makes the hiding and later consumption of alcohol to be a hell of a lot easier now, providing a gargantuan amount of opportunities for teen stupidity. Why, America, why must you do this to yourself? And you can't even blame another country for your problems of increased drinking and driving rates in youth, because this is solely your own fault.
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