Sunday, March 16, 2014

Silicon Valley’s Youth Problem   


Yiren Lu, a graduate student in computer science, writing for The New York Times Magazine: Recently, an engineer at a funded-to-the-gills start-up in San Francisco texted me to grumble about his company’s software architecture. Its code base was bug-ridden and … Continue reading →

Thursday, November 28, 2013

Bitcoin Is Doomed to Fail   


Edward Hadas, writing for the New York Times: Bitcoin exemplifies some of the problems of private money: Its value is uncertain, its legal status is unclear, and it could easily become valueless if users lose faith. Besides, if bitcoin ever … Continue reading →

Sunday, August 4, 2013

Virtual Currency Gains Ground in Actual World   


Kate Murphy reporting for the New York Times: More businesses are accepting bitcoins lately thanks to Bitpay, which supplies software for processing bitcoin payments. The merchant pays a 0.99 percent fee per transaction versus the 2 to 4 percent fees … Continue reading →