Since the inception of social media, it’s been my philosophy to maintain political and ideological neutrality; I don’t plan on changing that today. However, this election has taught me a number of personal lessons about our socioeconomic conditions that belie any particular ideology: 1. There are a lot of disenfranchised people in this country, most…
The Australian dollar? Another currency from a fast-growing Asian nation? No. The unexpected answer is in a decentralized, unregulated virtual currency called BitCoin. The peer-to-peer currency has no banking system behind it and depends on advanced mathematics and encryption for regulatory controls. While it may seem crazy to some to refer to such a thing…
Little news is getting as much coverage as the financial crisis in Cyprus and the unprecedented levying of an implicit tax on bank accounts as a means of funding the bail-out. This excellent summary by the Guardian explains the crisis in layman’s terms and is worth a quick read. The increasing number of financial crises…
