Inside Bitcoins – 2
A friend and I were having breakfast the other morning at Funky Pelican at the Flagler Beach Pier. I was reflecting on the similarities between the evolution of Bitcoin and the World Wide Web (WWW) as I had posted in Inside Bitcoins. Our discussion made me think of other similarities between the early days of the web and […]
Folks on Spokes – 2
Ten members of Folks on Spokes met at the south gate of Hammock Dunes at 8am and headed north on A1A. There was not a cloud in the sky. In many ways, it was a perfect day, but the wind was strong. Bicycling at 15-18 mph with a 10-12 mph headwind resulted in 30 mph […]
Inside Bitcoins
Electronic money is not a new idea. The Electronic Fund Transfer Act was passed by the U.S. Congress and signed by President Jimmy Carter 35 years ago (1978). Other forms of electronic money include payment processors, direct deposit, and digital currencies such as Bitcoin. What distinguishes Bitcoin from other electronic money is that it is a cryptocurrency. Cryptocurrencies are a […]
