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Showing posts with label PayPal. Show all posts
Showing posts with label PayPal. Show all posts

Friday, July 5, 2013

Don't leave earth without it

Whether it will be in just a matter of years or of decades, the possibility of regular people taking trips into space the same way they travel to the far reaches of the globe could become a reality within our lifetime. The question is: when you set off for such a trip, what do you pack along for money?
While previous generations may have packed travelers’ cheques, such paper relics just don’t seem to fit in with the space age. The only feasible solution to the problem of payments in, to, and from space, is a digital one. PayPal believes it will handle that problem with its introduction of PayPal Galactic.  But that answer raises a number of other questions. Read more here

Related post: http://writewaypro.blogspot.com/2013/05/star-trek-and-final-frontier-of-currency.html

Monday, May 27, 2013

Living the libertarian dream on the sea?

The #libertarian  connection of seasteaders and #bitcoin
Bitcoin represents more than a digital currency. For many adopters, it is a means of breaking free of government and financial institutions’ control over money.

The Seasteading Institute’s philosophy dovetails with the views Thiel espoused in an April 2009 essay for the Cato Institute, “The Education of a Liberatarian.” In that piece, he declares that libertarians must get beyond restrictive government systems by finding a place of their own:
“The critical question then becomes one of means, of how to escape not via politics but beyond it. Because there are no truly free places left in our world, I suspect that the mode for escape must involve some sort of new and hitherto untried process that leads us to some undiscovered country; and for this reason I have focused my efforts on new technologies that may create a new space for freedom.”
 Read more in Why do 'Seasteaders' Love Bitcoin? 

Wednesday, May 8, 2013

The evolution of money

We've come a long way from coins to bills to checks to plastic to online payments and digital wallets. The question now is:
Is society ready for bitcoin? My answer in 2000 words (as specified by the assignment) is at  http://www.coindesk.com/is-society-ready-for-bitcoin/