Ed Moy, who was head of the US Mint from 2006-2011, shares his thoughts on digital currencies and Bitcoin in particular via Money News. Moy says: “The next five to 10 years will be critical. But like how the mobile devices, Internet, cable, television, movies, musicals, operas and symphonies all have found their niches, the […]

image: freshphoto Bitcoin has a woman problem that, unless solved, will keep it from hitting the mainstream as a medium of exchange, at least in the US. The following conversation is primarily aimed at the particular challenge Bitcoin faces in getting to mainstream adoption, and is not focused on the speculative rises and falls that […]

Many things follow a “power law” distribution (sometimes also called the Pareto principle or 80/20 rule), where a small fraction of the available resources in a system are held by relatively few members of that system. In particular, power laws seem to apply to the concentration of wealth. While this is speculative, if there is […]