money
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The Bankers Who Destroyed Our Economy Are Now Trading Bitcoin
At its core, Bitcoin is worthless. That people continue to trade the invented digital currency is understandable, because it’s possible to turn a quick, risky buck. It’s more gambling than economics. So, of course, the financial professionals who levelled the global economy love it.
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Price Of Tech In Australia: What’s ‘Fair’, Anyway?
Labor MP Ed Husic’s call for an inquiry into IT pricing in Australia has had my brain buzzing over the concept of a “fair” price for technology. After all, what is fair anyway?
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Apple Will Spend $US45b To Pay Dividends And Buy Shares Back
Sorry, there’s no Steve Jobs cloning program or awesome philanthropic effort coming from Apple. But if you are an Apple shareholder, be happy: they just announced a $US45 billion plan for a new dividend and share repurchase program. They will also keep “making strategic investments”.
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Google Once Considered Launching Its Own Currency, Google Bucks
Google is fond of reworking existing concepts in modern ways; you only need to look at HUD glasses and autonomous cars to know that. But at one point in time, it was also mulling the idea of revolutionizing the economy by creating its own currency.