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Showing posts with label money. Show all posts
Showing posts with label money. 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

Tuesday, May 28, 2013

Star Trek and the final frontier of currency

Yes, I did get paid to write about Star Trek, at least in terms of envisioning money in the future in works of science fiction. I also mention Star Wars and The Handmaid's Tale.

 Part of the geek appeal for Bitcoin users is that it is a real-life example of a concept often featured in science fiction or sci-fi-oriented computer games: an advanced, universally accepted form of currency.
Universally accepted forms of payments become essential in a society in which space travel enables humans – and other sentient beings – to hop from planet to planet inhabited by civilizations of all kinds. Read more in Is Bitcoin science fiction come to life?

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? 

Thursday, May 23, 2013

Data on drugs, dollars, & docs


One of the issues that Dan Ariely addressed in his book, The Honest Truth About Dishonesty, and in his 2009 blog, centered on the question of payments to doctors:
The real issue here is that people don’t understand how profound the problem of conflicts of interest really is, and how easy it is to buy people. Doctors on Pfizer’s payroll may think they’re not being influenced by the drug maker -- 'I can still be objective!' they’ll say -- but in reality, it’s very hard for us not to be swayed by money. Even minor amounts of it. Or gifts. Studies have found that doctors who receive free lunches or samples from pharmaceutical reps end up prescribing more of the company’s drugs afterwards.
Propublica launched Dollars for Docs. to publicize how much doctors are paid. At this point, its data encompasses more than $2 billion in payments that 15 major drug companies made to doctors in the period from 2009 for 2012.
Read more in Data on Drugs, Dollars & Doctors

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/