Technology

Shock... horror...

Source: MichalePRamirez.com

Submitted by Shepard Ambellas via Intellihub.com,

Officials and others unsure of what may have taken place during a massive citywide CCTV outage

Between the dates of Jan. 12 and Jan. 15, for about a 48-hour span, 70% of the CCTV cameras in Washington D.C. were rendered useless by hackers adding an element of uncertainty in regards to what may have taken place in and around D.C. just days before Donald Trump’s Inauguration.

So much for worries about tech companies rolling over.

After yesterday's AAPL beat which nonetheless resulted in one of the biggest intraday jumps in its stock in history, sending it highest over 6% today, moments ago Facebook reported results which crushed expectations, and have sent the company higher as much as 3%. The street was expecting $8.81 billion in revenue and EPS of $1.34. Instead it got revenue of $8.81 billion, a 51% increase from 2015 - 84% of which came from mobile - and EPS of $1.44, a 78% increase.

Last week I queried "Is Bitcoin the Undisputed Best Performing Asset Class In the World?". The purpose of that piece and the piece before it was to debunk long standing misconceptions as to the actual investment performance of BTC (bitcoin) as portrayed by respected institutions such as the London Business School and the Financial Times, not to mention Money Magazine. 

Now, it's time to get into exactly what value propositions are there to support bitcoin's price.