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"It Will Impact The Life Of Every Single Human Being" - The Cryptocurrency Revolution Documentary

December 12, 2017 - 2:55pm

The latest short film from Jonathan Roth discusses the advent of the blockchain, where it goes next and how the technology will impact every single human being on the planet.
Featuring investment powerhouses like Frank Giustra and Frank Holmes, as well as mathematician and finance entrepreneur Marco Streng:

The blockchain will disrupt nearly every industry from purchasing groceries to heating your home... everyone from banking to government is racing to develop the technology.

Watch the full movie:

Marx, Robotics, And The Collapse Of Profits

December 10, 2017 - 11:35am
Marx, Robotics, And The Collapse Of Profits

Authored by Charles Hugh Smith via oftwominds.com
Whatever commoditized robots can produce is no longer profitable; rather, the production destroys capital.
Yesterday I discussed how robots only do work that's profitable, as any enterprise buying, programming and maintaining robots to do unprofitable work will soon be out of business.

Bitcoin Mania Hits Craigslist: Sellers Can Now Use Cryptocurrency As Method Of Payment

December 9, 2017 - 1:10pm
Bitcoin Mania Hits Craigslist: Sellers Can Now Use Cryptocurrency As Method Of Payment

Anyone keeping track can add Craigslist to the list of companies getting involved in Bitcoin mania, as the online marketplace recently began allowing sellers the ability to indicate that they will accept cryptocurrency when advertising goods or services through the online marketplace. 

Misunderstanding The Economics Of Robotics

December 9, 2017 - 9:15am
Misunderstanding The Economics Of Robotics

Authored by Charles Hugh Smith via OfTwoMinds blog,
Robots are only cost-effective in the narrow niches of commoditized tasks.
In the view of Universal Basic Income (UBI) advocates, substituting robots for human labor will not only free virtually all humans from working, it will also generate endless wealth because the robots will be doing almost all of the work.

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