It Depends on Whether You’re Willing to Think Outside the Box Today, a new take on an old story. We’ve all seen the headlines: How much money do you need to retire? Well, Motley Fool is weighing in this month with: Workers Think They’ll Need $500,000 to Retire Comfortably. Are They Right? Of course, this is a facts-and-circumstance issue, so who [Read More] …
Weekly Digest: Property in New York May Be Moving to the Blockchain
Plus Fed Officials Want to Tighten the Money Tap Welcome to your Sunday digest…my weekly breakdown of the things we’re thinking about and talking about in the Global Intelligence world. First up, New York is embracing the future. Recently, we learned that the city’s Department of Finance is partnering with a company called Medici Land Governance to test a system that [Read More] …
What Happens When the Fed Stops Chasing the Dragon?
I grew up in the drug culture of the late-1970s and ’80s. Not that I actively participated; I never did. But I was there, watching too many friends chase the dragon. They’d hit me up for whatever allowance money I might have. Or they’d beg me to help them mow a lawn or rake leaves [Read More] …
The Guy Who Spent $450 Million on 2 Pizzas
May 22, 2010. Maybe you know that date, maybe not. In crypto circles, it’s a day that lives in infamy. That’s the day when a Florida programmer named Laszlo Hanyecz initiated the very first purchase using bitcoin. He bought two Papa Johns pizzas for 10,000 bitcoins. At the time, those bitcoins were worth a combined total of about $41. Today…well, they’re worth slightly more. How much [Read More] …
Europe vs. California—Why I Don’t Miss Living in Long Beach
I forgot the flour. In the grand scheme of things, trivial really. In the grand scheme of the lasagna I was making from scratch, it was a significant annoyance relative to the bechamel sauce I needed to whip up. And relative to today’s dispatch, it’s everything. The story goes like this… I ventured out to [Read More] …
