Payment – Apple – Bitcoin – PayPal
PayPal is trying to get into the payment market, and I recently read that Home Depot now accepts PayPal in their stores. I have been asking myself why I would want to pay in a store with PayPal? Today, I got the answer. After a pleasant motorcycle ride to the Palm Coast Home Depot store […]
Bank and Bitcoin Failures
There are a couple of dozen Bitcoin exchanges where you can buy or sell the BTC crypto-currency. Some exchanges provide digital wallet services so that you have a place to store your BTC. If you buy something, you can authorize the seller to take your BTC as payment. How safe are the exchanges and wallet […]
Is Bitcoin An Investment Or A Cult? – Forbes
Thanks to my friend Dave in California for telling me about Peter Cohan’s article in Forbes (see Is Bitcoin An Investment Or A Cult? – Forbes) I loved his comment that Bitcoin is a “cult that is almost completely immune to logic”. In my early days with OS/2, we had a “cult” of supporters and users […]
Reflections on Bitcoin – 2
There are a lot of news items flying around about the difficulties at Mt. Gox. Most of them are negative, and more than a few sound the deathknell for Bitcoin. I do not claim to have all the facts, but I have a more positive view based on my interpretation of the various stories. I […]
Texting
The telco operators charge up to $.25 for a text message. The cost to the operators is a few cents at most. That huge profit margin is going to decrease. WhatsApp handles 50 billions text messages every day, which is believed to be more than all the telcos in the world handle. The first year […]
