The bitcoin revolution may have set in motion a chain of events that will eventually lead to the introduction of many private currencies in the years to come, according to a new report from a leading economic think-tank. The Institute of Economic Affairs (IEA) is speculating in a report entitled “New Private Monies, A Bit-Part […]
Archives for June 2014
Facebook, Google predominantly white males – your point is what exactly?
In the past month, both Facebook and Google have released public diversity reports to showcase what their respective workforces look like. It turns out that the two Internet juggernauts maintain offices filled white males, something that comes with much disdain in today’s world. Google’s overall staff is 70 percent male and 61 percent white. Facebook’s […]
Study: Low-income households need to save 21% now to support retirement
Savings among households has pretty much become a national pastime that has gone the way of horse and buggy rides, home-to-home ice delivery and eight-year-old chimney sweeps. Whether it’s because of stagnant wage growth, too much debt, a lack of willpower or a paucity of incentives, the Western world doesn’t save anymore. When individuals and […]
Localities adopting virtual currencies amid dollar collapse, economic downturn
The future outlook for cryptocurrencies is looking very bullish. More and more localities are now creating their own cryptocurrencies to spur local economic growth and to avoid the inevitable collapse of the United States dollar. The cryptocurrency era started with the advent of bitcoin and while its value and performance was met with significant skepticism […]
Hypocrisy Alert: Millionaire Chelsea Clinton says she doesn’t care about money
What’s wrong with affluent liberals and their hypocrisy? It just doesn’t make sense at times. In a recent interview with the London Telegraph, Chelsea Clinton, the daughter of President Bill Clinton and likely future president Hillary Clinton, said that she doesn’t care about money at all, despite living quite a lavish lifestyle and has lived […]