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Notes: Bitcoin Exchange

Plan for an international fully electronic exchange.

* Objectives – eliminate latency arbitrage . secretize info All bids submitted cryptographically? with market clearing at fixed intervals (once a sec)? should depth be published? . publicize info Distributed clearing algorithm, every participant must coordinate clearing occurs according to logical time + in both cases it seems […]

Interesting articles of the week

Depression’s Upside by Jonah Lehrer, posits that ruminative thought may be an adaptive mechanism for a more realistic, attentive outlook conducive to working through social issues. Is Algebra Necessary? by Andrew Hacker, paints a depressing picture about 33% of american students, who are unable to pass high school because of mandatory algebra. He’s right […]

Business as an Investment

I finished my reading of Mike Maloney’s Guide to Investing in Gold and Silver, partially to get an idea of how he got started in the business of bullion. He’s actually had several businesses throughout his life, including one where he designed “stereo amplification electronics were selected as one of five permanent exhibits at the […]