COLLECTORS ARE BEGINNING TO EMBRACE ARTWORK THAT RESIDES ON COMPUTERS At some point in the 20th century, adding machines became so sophisticated that they crossed a lineand became computers. Their progression was all about numbers, practicality and programming. But the rise of the computer hasn’t dominated the human spirit or dulled the need for human … Continued
A step closer to protecting individual privacy In April 2021, Russian hackers gained access to Colonial Pipeline’s computer network and shut it down. They demanded $4.4 million in bitcoin to turn it back on, and the company quickly paid the ransom. Within months, the FBI found and seized the hackers’ bitcoins. Because bitcoin’s blockchain records … Continued
The year 2022 will mark the demise of cryptocurrency as we know it When forecasters get a prediction right, critics often chalk it up to little more than coincidence. But let’s give it a go: 2022 will bring the end of cryptocurrency as we know it. Begin with bitcoin. Its price can’t increase forever, but it’s … Continued
The best hedge against inflation? Bitcoin. Because no matter what happens, the world will never have more than 21 million bitcoins. Plus, no one has shown that the price of bitcoin is tied to any other asset class. With growth averaging 200% annually since its inception in 2009, bitcoin occupies a unique place in the … Continued
A step closer to protecting individual privacy In April 2021, Russian hackers gained access to Colonial Pipeline’s computer network and shut it down. They demanded $4.4 million in bitcoin to turn it back on, and the company quickly paid the ransom. Within months, the FBI found and seized the hackers’ bitcoins. Because bitcoin’s blockchain records … Continued
While many think of cryptocurrency as a way to make money or move it around, entrepreneurs and developers have started using the technology to solve problems with financial and commercial systems. Some aim to rebuild the internet, others want to create frameworks for securing property rights, and a few choose to solve esoteric problems related … Continued
The best investors and gamblers have something in common. They share an emphasis on game theory—a rational way to quantify the expected gains from decisions and probabilities. While generally applied to economic decisions, game theory can also help gamblers identify optimal moves in games like poker that involve a series of decisions. But most investment … Continued
Politicians have long accused big tech of monopolistic business practices, invasions of privacy, abuse of data and suppression of free speech. Voters largely agree, at least in the United States, where a majority support breaking up Amazon and other giant internet companies. In recent years, governments have levied fines, raised taxes, crafted new regulations, held … Continued
Given bitcoin’s high volatility, how do investors know whether an upswing marks the peak of the market or just a “local top” before another leg up? Thanks to the transparency of bitcoin’s blockchain, analysts can see changes in spending behaviors, money entering and leaving exchanges, gains and losses among bitcoin wallets, and other information about … Continued
