About author: Michael Scott

In what has been coined the “big bitcoin heist,” 600 computers used for bitcoin mining have been stolen from data centers across Iceland. Authorities in that sparsely populated island nation on the Arctic Circle say that it’s the largest series of robberies ever to hit Iceland. Police there believe that these thefts are tied to organized crime. Says police chief…

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A common refrain when people hear that I first embraced bitcoin in 2012 is, “I bet you’ve done quite well.” The truth is, I haven’t. Honestly, I’ve never been much of an investor or saver. Instead, I prefer to live on the edge, in mystery and paradox. Therein lies my approach with bitcoin which I view as nothing more than…

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By nature, I’m a bit of an introvert. But being new to San Diego, I’ve been making a concerted effort to reach out and get connected to what this city is all about. And I’m not going to lie; I love sitting at a bar with martini in hand conversing with any stranger who dares sit next to me. Fast…

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I’ve long been paranoid about forgetting the birthdays of those I’m close to. These feelings have recently taken on a whole new meaning as the birthday of my girlfriend of three months is??? Kidding, I’m on it; it is the 17th of this month. In the meantime, I just discovered another birthday here in January that’s noteworthy. In fact, it’s…

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2017 no doubt has been an interesting one with me, with two geographic moves within the U.S. and a new significant other. It has also been an experiential year for me personally regarding the everyday use of bitcoin and crypto. At times it’s been nerve-racking, with moments of pure fascination sprinkled in. Thought I’d close with 7 thoughts as we…

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Bitcoin’s soaring rise in price has led to its growing popularity and intrigue among businesses. And there’s one company that sees a major upside with this cryptocurrency relative to private jet flights. PrivateFly is a rapidly-growing, disruptive business model in the private jet industry, delivering live pricing and availability for over 7,000 accredited private aircraft worldwide. It combines award-winning technology…

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The Intent As the founder of Bitcoin, Satoshi Nakomoto’s grand vision is to foster a vibrant, global ecosystem of highly secure, peer-to-peer currency transactions. As articulated in his whitepaper entitled Bitcoin: A Peer-to-Peer Electronic Cash System: “Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments, but no…

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Have you noticed how making predictions have become the cool new thing in cryptocurrency? All these so-called experts one-upping each other with their bold thoughts about everything from bitcoin’s price to when the crypto bubble is going to burst. I’d have to say that my favorite ‘shoot-from-the-hip’ pronouncement this year was cybersecurity pioneer John McAfee’s rant about the price of…

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Over the years, economist Hernando de Soto has relentlessly advocated for the construction of a global property registry system to address the property rights of citizens throughout the developing world. Now in a groundbreaking development, de Soto and Overstock founder Patrick Byrne have forged a joint venture to address this pressing public need. The new company ­De Soto, Inc.­ brings…

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In the bestselling book Blue Ocean Strategy: How to Create Uncontested market Space and Make the Competition Irrelevant, authors W. Chan Kim and Renee Mauborgne assert that leading companies succeed not by going head to head with competitors, but by systematically creating what they call “blue oceans” of uncontested market space ripe for growth. This strategic involves the simultaneous pursuit…

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