"THE MARKET... consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Alexander Elder

Saturday, November 30, 2013

Bitcoin - "The Internet of More Than Money"

An extraordinary presentation by Stefan Molyneux.
Clues here about not only the future of money, but also about how we will deal with data, societal contracts and much more.
see: What You Really Need to Know
 (Comments welcome.  See link below.)

Saturday, November 23, 2013

Sharing the Cheese

An idea from the Swiss for limiting top salaries.
see: Business Insider
 (Comments welcome.  See link below.)

Tuesday, November 19, 2013

Walled World

Excellent interactive site showing the arbitrary division of society.
see: The Guardian
 (Comments welcome.  See link below.)

Saturday, November 2, 2013

The Gravity of Change

The speed of light was up in the morning,
but later fell back below mid-week highs.
see: Rupert Sheldrake
 (Comments welcome.  See link below.)

Friday, November 1, 2013

The Internet is Broken

see: The Guardian
We should be surprised at blowback from privacy invasion? 
see also: The Daily Ticker 
see also: Swisscom
(Comments welcome.  See link below.)
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What is a Bucket Shop?

"Bucket Shop is a specifically defined term under the criminal law of many states in the United States which make it a crime to operate a bucket shop. [2] Typically the criminal law definition refers to an operation in which the customer is sold what is supposed to be a derivative interest in a security or commodity future, but there is no transaction made on any exchange. The transaction goes 'in the bucket' and is never executed. Without an actual underlying transaction, the customer is betting against the bucket shop operator, not participating in the market."
see: Wikipedia

The SEC believes that "internalization" is somehow different, and this affects ALL of your online trading, no matter what you are trading. Trades that are executed outside of the exchange, never reaching the main market, effectively hide data from technical analysis, and skew pricing.
see: Not a bucket?

"... internalization hurts retail customers and market quality"

see: EconPapers

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