Sadly the UK has a long history of sending its own tech industry abroad...
It begun with the invention of the computer as we know it...
- Charles Babbage,"Father of the computer", British
- Alan Turing, "Father of modern computer science", British
Then there was Margret Thatcher who decided the internet was a fad and wasn't worth investing in internet infrastructure in the country.
Where did the multi billion (if not trillion by now) industry end up? Silicon Valley and elsewhere....
Success to you is for you to define. Don't fall into the trap of VC funding because its all you read on HN or Techcrunch. What you have built is your baby so don't let anyone else tell you what you should be doing. It sounds like you have so much meaning and purpose in the company you have. If (and it sounds like) you don't want the vc money, then that is the right decision for you.
Thanks for this. I just discovered http://hckrnews.com for the first time through your list of links. I think I'll be using it to browse the site from now on!
Right here is a pdf on why you should consider owning an asset such as Bitcoin. I'm not saying everyone should go all in, just consider owning it as part of your investment portfolio...
This situation strangely reminds me of MSN Messenger for anyone old enough to remember that. It ended in failure. Most blamed Microsoft's management for it.
Huge respect to Tim Cook for standing up for the personal information security of Apples users around the world. When a non tech demands something as stupid as a back door, they do not acknowledge how weak they make data security.
Just reading that headline makes me think to myself. Why ask Goldman Sachs? They are clearly ahead of the capitalism game so of course they are gonna say it works well!?!?
Asking the richest capitalists in the world if capitalism works is a silly question if you ask me...
> My wife was out of town so to “celebrate” I treated myself to In-n-Out for lunch!
I love your frugal approach. You deserve everything you got. Nice to see how professionally you both handled the negotiations and it certainly teaches me the virtue of patience!
> In the long run this leads to oligarchy and possibly even economic and societal collapse. We are nowhere near there
I totally agree with your point. I disagree with your opinion that we are nowhere near there... Just look at what the oligopoly practices of 'big banks' that were 'too big to fail' did to the global economy. They ALL used their money to influence the regulatory rules and the governments that governed them. Goldman Sachs was the worse at this, they were shameless in putting their ex employees into key White House positions.
They built a gated community around themselves to protect their giant profits and when it all went south, the TAX PAYERS, US, WE PAID FOR THAT.
> Curious as to why you think there won't be much volume. Could you elaborate?
My reason for this is entirely practical. By displaying a bitcoin payment address, there are at minimum an additional three or four clicks, with perhaps a copy and paste of the bitcoin address to complete a payment (this is even more difficult if the user's bitcoin wallet is on his mobile - unless a QR code is displayed). For me, it is more of a practical usability reason as opposed to the reader not wanting to donate their $0.01.
A solution I would love to use, would be to have a browser plugin with a pre loaded bitcoin balance of a few dollars and a single one click to accept a 1 cent payment to the content owner to proceed to the article.
On Bitcointalk.org, a forum dedicated to bitcoin geeks, people always leave a tip address in their signatures, look up the usage and you'll find it surprisingly low.
I like what your concept is a lot. I do not think a huge number of payments are going to be made using it, HOWEVER, I think this is just the beginning of a much larger movement behind micropayments for ad-free content. I've been wanting this for a very long time to read good quality articles online that are behind paywalls. I would totally pay with bitcoin, but refuse to sign up using any form of credit card.
It begun with the invention of the computer as we know it... - Charles Babbage,"Father of the computer", British - Alan Turing, "Father of modern computer science", British
Then there was Margret Thatcher who decided the internet was a fad and wasn't worth investing in internet infrastructure in the country.
Where did the multi billion (if not trillion by now) industry end up? Silicon Valley and elsewhere....
Bravo UK... Bravo </sarcasm>