Lifeboat Foundation

Elon Musk has revealed his personal cryptocurrency holdings.

The billionaire CEO of SpaceX and Tesla told Twitter followers that he in fact has never purchased cryptocurrency, and only holds a small amount of Bitcoin gifted by a friend.

Not sure. I let @jack know, but it’s still going. I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago.

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Godfrey Bloom is a member of the British Parliament. His in-your-face style of educating and shocking his peers has made him a controversial politician. He has occasionally been escorted out of the assembled parliament because of his rowdy rhetoric.

Consider the video below. Bloom offers a critical, but simple and clear explanation of the Fractional Reserve banking system used in the US and Europe. This gets to the heart of the matter! _{[continue below video]…}

Conclusion (mine, and not Mr. Bloom’s): It is in the interest of governments to use a form of money that they cannot manipulate, print, spend, hide or lend without first earning, taxing or legitimately borrowing — and then balancing the books, openly.

Continue reading “Would an ethical government surrender control of monetary policy?” »

New to the wide world of cryptocurrency? Keep your coins safe and access your private keys the smart way with these Bitcoin wallets.

Nebula Genomics aims to help people understand their genome and guarantees that individuals will retain permanent ownership of their DNA data, all paid for with a new cryptocurrency.

Rewriting Life

This new company wants to sequence your genome and let you share it on a blockchain.

People will be able to earn cryptocurrency in exchange for letting pharma companies use their data.

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“Lloyds Banking Group Plc said on Sunday it would ban its credit card customers from buying Bitcoin and other cryptocurrencies.”

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“In a brief statement to Reuters, the Italy-based company said that they had “no interest whatsoever in selling power”to a mining company”

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Vitalik Buterin, co-founder of Ethereum, donated $2.4 mln in ETH to a charity researching solutions for aging, “one of the greatest problems facing humanity”.

SAN JUAN, P.R. — They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.

Dozens of entrepreneurs, made newly wealthy by blockchain and cryptocurrencies, are heading en masse to Puerto Rico this winter. They are selling their homes and cars in California and establishing residency on the Caribbean island in hopes of avoiding what they see as onerous state and federal taxes on their growing fortunes, some of which now reach into the billions of dollars.

And these men — because they are almost exclusively men — have a plan for what to do with the wealth: They want to build a crypto utopia, a new city where the money is virtual and the contracts are all public, to show the rest of the world what a crypto future could look like. Blockchain, a digital ledger that forms the basis of virtual currencies, has the potential to reinvent society — and the Puertopians want to prove it.

Continue reading “Making a Crypto Utopia in Puerto Rico” »