Business

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American Dominance: A Call for More Global Competition

According to an article by The Register (Last accessed: 18 June 2016),  "CIA director John Brennan told US senators they shouldn't worry about mandatory encryption backdoors hurting American businesses. And that's because, according to Brennan, there's no one else for people to turn to: if they don't want to use US-based technology because it's been forced to use weakened cryptography, they'll be out of luck because non-American solutions are simply 'theoretical'".

Bitcoin Vs AUD as at 16 June 2016

I heard about Bitcoin around 2012 but I just sat and waited to see if I would hear more of it. 

I really got interested about Bitcoin when I heard an interview of an entrepreneur starting a business providing Bitcoin services and his reasons for why it is a good currency. 

Bitcoin is a long term play for me. By long term, I mean one, two or three decades. It is not something I want to trade on a weekly, let alone daily basis. The spreads are too far apart in relation to its daily movements. 

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