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One Less Customer for Western Union / Moneygram / etc.

Yesterday I decided to see how easy it would be to convince an EU citizen with family in the Philippines that she should no longer be using Western Union / MoneyGram or even smaller companies like Sigue or Ria to remit money to her brother. Many people won’t have heard of Sigue or Ria. They […]

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What is 21 Inc Developing?

21 Inc (www.21.co) continues to be in stealth mode, despite its record breaking $116million in financing which makes it the best-funded Bitcoin startup we know about. The most detailed explanation of what they are working on came from 21’s co-founder┬áBalaji Srinivasan who stated they will build the equivalent of “56-KB Internet modems, international fiber cables, […]

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If I Have Seen Further …

“If I have seen further, it is by standing on the shoulders of giants” – Isaac Newton

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Bitcoin: We Are Here

This all feels so familiar. A new technology, huge media attention, hysteria … followed by a price collapse and the majority saying ‘this is the end’. Let us consider Amazon. Floated in 1997 at ~$2. One year later, the price peaked at nearly $17. Even with stock splits, Amazon’s price per share reached a peak […]

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