Tag Archives: Technology
Charlie Shrem: a Bitcoin Story From Riches-to-Rags
Charles Shrem IV. [CC BY-SA 3.0], from Wikimedia Commons The Winklevoss Twins are subject to ridicule more than once. 15 years ago, they were outsmarted by Mark Zuckerberg who allegedly stole their idea of a social network. Just last week they announced that Charlie Shrem embezzled US$32 Million by taking their Dollars and not giving…
BlockchainTech: Can Triple Entry Accounting Save the World?
Luca Pacioli, father of modern accounting. Source: Wikipedia Before you finish this article, you will have fallen in love with double entry accounting, mourn its failing and rejoice with us in saving the world up to $4 Trillion[1] in losses due to fraud. The Notting Hill Carnival is one of London’s most colourful annual events with…
Silk Road: A Cautionary Tale about Online Anonymity
Are bitcoin and the Darkweb as anonymous as people think? Screenshot of Silk Road online shop. One of the biggest allures, and criticisms, of cryptocurrencies is their anonymity. Bitcoin transfers are publicly available, but only linked to an account number and not a person. But bitcoin isn’t actually that anonymous after all. Experts call it “pseudonymous,” comparable…