Satoshi Nakamoto published a paper called “Bitcoin: A Peer-to-Peer Electronic Cash System” in November 2008. Shortly thereafter, the virtual currency was born.
Used as money for thousands of years, gold continues to be relevant. As central banks continue to manipulate the values of their respective currencies, gold’s value is worth tracking.
Oil was struck at Spindletop on January 10, 1901. The commodity and energy resource has since been a driver of industrial progress. The price of oil remains relevant today.
just popularity/personality contests among the hoi polloi." - Doug Casey
Charles Mackay published Extraordinary Popular Delusions and the Madness of Crowds in 1841. Either miraculously or foolishly, his main argument regarding the dangers of group-think continues to be relevant over 150 years later.
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Last Tuesday, the next president of the United States was elected. In a similar manner to the election in 2000, President-elect Trump won by electoral votes but not by the popular vote. Also in a similar manner, those that care about politics every four years began to opine about the electoral college and its relevance Read more about Politics, Polling, and Putin’s Man in Washington[…]
Last Friday, Colin Kaepernick refused to stand during the national anthem prior to the start of a preseason game. On cue, the madness of the American public rained down on this un-American, unpatriotic feat. Of course, this is nothing new in the 21st century United States; today we are all more than ready to be Read more about The Patriot and the Lover of Freedom[…]
45 years ago as of this past Monday, the monetary system experienced a shock. Up until August 15th, 1971, the U.S. dollar had been directly linked to gold; at the time, one ounce of gold was worth — and was officially exchangeable for — $35, as it had been since 1934. Prior to that, gold Read more about The Golden Dollar[…]
The Rio 2016 Olympics began over the weekend in Brazil. We are finally able to see real competition and cultural exchange among the nations of the world (206 of them, according to the International Olympic Committee, or 195 of them, according to mutual recognition among nation-states through the United Nations — this confusion further adds Read more about The Olympian vs. the Diplomat[…]
It can be argued that charitable giving in the United States is America’s real favorite pastime. Before continuing, it is worth noting Mr. Webster’s definition of “pastime”: something that amuses and serves to make time pass agreeably. Perhaps it is not universally an amusing thing in which to take part (although in a few instances Read more about The Charity Business[…]
An observer looking at the political system in America would gain insight into a fracturing system. One important observation is that there is enormous and growing discontent among the masses. Another is that inside the Beltway in Washington, DC, an entire industry has sprouted up around the institution of American politics; meanwhile, a significant number Read more about Democracy: A sham?[…]
As the Republican National Convention kicks off this week, it is worthwhile considering the nuances and effectiveness — or lack thereof — of the last 16 years of American politics. 16 years ago, the Bush vs. Gore campaign was underway; millennials that are today playing Pokemon Go were then trading Pokemon cards and eager watching Ash and Pikachu on Read more about The End of Politics[…]