Showing posts with label coins. Show all posts
Showing posts with label coins. Show all posts

Sunday, 27 April 2014

Buddha in Berkeley: economics revolution

CC Liu, Dhr. Seven, Amber Larson (eds.), Wisdom Quarterly; UC Berkeley; Kathleen Maclay; (californiagoldenblogs.com, 3-19-14) via the Tipitaka Network
The new U.S. greenbacks with their high tech anti-counterfeiting measures (latimes.com)
Advances being made at the world's most prominent public university: Cal Berkeley
That's Berkeley

Golden Scholars: UC Berkeley researchers control cell migration, revolutionize economics with Buddha
Offerings, Thiksey Gompa (Aswin/flickr)
This is the start of a new series focusing on the academic discoveries at UC Berkeley. Getting things started with the non-magic magic of Berkeley is Prof. Brown teaching economics with the Buddha, and others using Oski to help advance tissue engineering and wound healing.
 
California Golden Blogs (CGB)'s new series highlights the research and academic work being done at UC Berkeley. One of the things to love best about this place is its ability to succeed in the world of athletics and academics, so spending more time sharing the amazing work being done by UC academicians and athletes makes sense.
 
Budai (Hotei) and a wad of Asian bills
Coincidentally, the university just released a video on Twitter to promote this balance of success (see above). 

It features prominent Berkeley researchers -- including Jay Keasling, Homayoon Kazerooni, and Robert Reich -- whose work will be discussed later in the series.
 
Some stories that capture Berkeley's spirit include economics professor Clair Brown, who's looking to change the way the world views spending money and focus instead on reducing suffering and helping others

To accomplish this, she's helping spread the word and advocate for Buddhist economics. More


Buddhist Economics: oxymoron or idea whose time has come? Kathleen Maclay (Media Relations, 3-13-14) 
“How would Buddha teach Econ. 1?”
BERKELEY, California - UC Berkeley economist Prof. Clair Brown acknowledges that “Buddhist economics” may seem like an oxymoron.
 
Nevertheless, she’s teaching a sophomore seminar on the topic this semester -- the campus’s second such offering over the past year.
 
What's the future of money, Bits or Buddha?
Brown said she created the one-unit Buddhist Economics course after students in her Introductory Economics (Econ 1) class expressed frustration with the relentless Madison Avenue message that more is better, economic growth paves the path to a better life, and “retail therapy” is a quick trip to nirvana [ultimate bliss].

It's sustainable, it's all sustainable!
Nicholas Austin -- an economics major from Laguna Beach, Orange County, California, and a student this spring in Brown’s Buddhist Economics class -- said he was hungry for some fresh ideas about economics after seeing so many students in the field pursue finance careers and “moving money rather than creating a product that will help the world.” More

Thursday, 13 March 2014

Finally, Bitcoin EXPLAINED (comedy)

Pat Macpherson, Wisdom Quarterly; Conan O'Brien's writers (TBS), March 11, 2014

Bitcoin is not a coin but a virtual, well, a...
(Team Coco) Bitcoin may be too much for puny minds to comprehend; luckily this training video explains all. Bitcoin's COO Marcus Ortmann explains what bitcoin is. Team Coco is the official YouTube channel of late night host Conan O'Brien. More

Thursday, 6 March 2014

Son of Buddhist priest invented Bitcoin (video)

Bitcoin is formless money, dependent on online networks and trading (technolovia.com)
  
Zen ensō (etsy.com)
According to today's issue of Newsweek, Satoshi Nakamoto is...Satoshi Nakamoto. The anonymous inventor of bitcoin -- an online-only virtual currency independent of any country or government now worth about $600 dollars (US) each -- is a 64-year-old Japanese-American.

Exposed by Leah McGrath Goodman
He is a former defense contractor living with his mother in a modest Temple City, California suburban home. He is worth at least 600 million dollars, but he is our neighbor: Temple City, which is largely Asian, is next to Pasadena in the foothills of Los Angeles in the San Gabriel Valley; it is anything but fancy squeezed as it is between Alhambra and Arcadia (of "Joan of Arcadia" fame), next to one of the toniest places in the country to live: San Marino.
 
(mag.newsweek.com)
According to the article, "He is someone with a penchant for collecting model trains and a career shrouded in secrecy, having done classified work for major corporations and the U.S. military." 

"Nakamoto's family describe him as extremely intelligent, moody, and obsessively private -- a man of few words who screens his phone calls, anonymizes his emails and, for most of his life, has been preoccupied with the two things for which bitcoin has now become known: money and secrecy."

Mega corporations serve the US government
The article quotes him as responding when asked about Bitcoin, "I am no longer involved in that and I cannot discuss it... It's been turned over to other people. They are in charge of it now. I no longer have any connection." He may now have to move and hire round-the-clock security for his own protection [assuming he wasn't working for the CIA, a military ("defense") contractor, or other quasi-government agency when he created the currency, in which case they will probably provide him protection free, we imagine].

Bitcoin
Bitcoin is virtual not actual "coins"
If he father was Japanese and a "Buddhist priest," that means he was Zen. Like father like eldest son? As a "defense contractor" doing "classified work," we can only assume he is a clandestine operative for the military-industrial complex.

NSA files decoded (Guardian.co.uk)
So good luck with trading those ones and zeros; they should go much higher before settling and crashing, like other secret agent projects -- Google, Facebook, Apple -- which have seen major boosts to and stabilizations of their stock prices (read "elimination of any serious competition") due to their profitable affiliation with the CIA, FBI, NSA/DHS and/or other arms of the secret US government.