Turning Shit (Literally) into Bitcoin Gold with ShitExpress
Selling animal by-products like manure and hot dogs is, of course, not new in the world. People have been making fortunes on various forms of literal shit for a long time. The use of manure dates back to the earliest days of agriculture. In more recent times, a marketing guru had an idea that would seem doomed to fail: let people send a box of horse shit to anyone, anonymously, by paying with Bitcoin. Quite a dastardly proposal, but worth a try. Also read: Luxembourg Researchers Find a Way to Unmask Bitcoin Users. When the project began, the CEO of ShitExpress, Peter, wasn't ready for....
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It's been a roller coaster year in bitcoin, and not just for the price. While companies like Circle ventured to make bitcoin a serious contender in mainstream finance, there were many events that highlighted the not-so-serious side of the currency. Here are six of the best. Poop mail. Whoever said that bitcoin couldn't buy you things? Alongside Xbox credits, university tuition and craft beer, 2014 was the year that the digital currency first bought you a parcel full of crap. Founded in October, Shitexpress is a service that mails a tupperware container of horse manure with a personalised....
While gold will always be the first choice of safety net for a purist, the millennials believe bitcoin to be the new gold or the digital gold. The two contemporary safe havens during the times of economic crisis are the representatives of tradition and technology. While gold will always be the first choice of safety net for a purist, the millennials believe bitcoin to be the new gold or the digital gold. And seems it is truly a digital age, as proved by recent bitcoin high over gold. The world is increasingly turning to bitcoin as a safe haven. Nonetheless, the demand for gold invariably....
Some people believe the US dollar is backed by gold. This is inaccurate. The US Dollar is backed by something alright, but not by an object of value. Fiat notes are propped up by the truncheon and gun. “Fiat” literally means “by decree or arbitrary order”. This implies that government Federal Reserve notes are only valuable insofar as their worth is....
Bitcoin is not a gold standard as it is independent, without the intervention of any central bank or government agency. There has been a lot of comparison between bitcoin and gold in the recent times. Bitcoin has been compared to gold in many aspects. In fact, bitcoin is also called digital gold for a reason due to various similarities it shares with the yellow material. However, referring to bitcoin as a gold standard may not be relevant. The gold standard is a reference to the monetary system that was based on the value of gold. While most countries stopped following the gold standard....
For bitcoin industry veteran Tom Kysar, the ongoing debate over how the bitcoin network should resolve key technical concerns has, quite literally, hit home. The former head of marketing for the now-defunct startup Koinify, Kysar lives with two bitcoin evangelists, both of whom he says are on opposite sides of a debate that has so far raged on blogs, forums and through headlines in The New York Times. "I think it's confusing the shit out of a lot of people. The house is split. (One) supports Bitcoin Classic and (the other) ... he’s with the Bitcoin Core guys," Kysar told CoinDesk at The....