Spitfire List Web site and blog of anti-fascist researcher and radio personality Dave Emory.
The tag 'microtransactions' is associated with 1 posts.

The Big Bitcoin Bet, Part 2: Big Money to Buy Bitcoin, and Other Bad Ideas

2014 could have been bet­ter for Bit­coin. After peak­ing near $1100 in Decem­ber 2013, Bit­coin is cur­rent­ly under $250. 2014 was not a good year for Bit­coin.

But that does­n’t mean 2015 has to be the same. And if a slew of recent announce­ment involv­ing some very big investors are any indi­ca­tion of what to expect, the main­stream­ing Bit­coin is about to get a big boost. But that boost could come with a big price too. All those “micro­trans­ac­tions” of as lit­tle as 0.000000001 of one bit­coin (BTC) that much of the Bit­coin com­mu­ni­ty hates so much is pre­cise­ly what these deep pock­et­ed inter­ests are plan­ning on pro­mot­ing in a big way. And in order to make it all hap­pen, they might have to become some of the biggest bit­coin min­ers around too. And that means the future of Bit­coin is increas­ing in the hands of ‘The Man’. Also, the micro­trans­ac­tions might be used to mon­e­tize how we access the web. And how the Inter­net of Things spies on us. It does­n’t actu­al­ly sound very fun.


Books for Download

The New Germany and The Old Nazis Book written in 1961 asks: Has Germany really changed? If so, where are the hundreds of thousands who once faithfully and eagerly served Hitler's reign of terror? And what is life like today for the Jews who are still in Germany? Read more »