Bitcoin Uncategorized

Do You Know Bitcoin?

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Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.

How does Bitcoin work?

From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users.

Behind the scenes, the Bitcoin network is sharing a public ledger called the “block chain”. This ledger contains every transaction ever processed, allowing a user’s computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending bitcoins from their own Bitcoin addresses. In addition, anyone can process transactions using the computing power of specialized hardware and earn a reward in bitcoins for this service. This is often called “mining”. To learn more about Bitcoin, you can consult the dedicated page and the original paper.

Who controls the Bitcoin network?

Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can’t force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.

Is Bitcoin really used by people?

Yes. There is a growing number of businesses and individuals using Bitcoin. This includes brick and mortar businesses like restaurants, apartments, law firms, and popular online services such as Namecheap, WordPress, Reddit and Flattr. While Bitcoin remains a relatively new phenomenon, it is growing fast. At the end of August 2013, the value of all bitcoins in circulation exceeded US$ 1.5 billion with millions of dollars worth of bitcoins exchanged daily.


How does one acquire bitcoins?

While it may be possible to find individuals who wish to sell bitcoins in exchange for a credit card or PayPal payment, most exchanges do not allow funding via these payment methods. This is due to cases where someone buys bitcoins with PayPal, and then reverses their half of the transaction. This is commonly referred to as a chargeback.



Who created Bitcoin?

Bitcoin is the first implementation of a concept called “crypto-currency”, which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto. Satoshi left the project in late 2010 without revealing much about himself. The community has since grown exponentially with many developers working on Bitcoin.

Satoshi’s anonymity often raised unjustified concerns, many of which are linked to misunderstanding of the open-source nature. The Bitcoin protocol and software are published openly and any developer around the world can review the code or make their own modified version of the Bitcoin software. Just like current developers, Satoshi’s influence was limited to the changes he made being adopted by others and therefore he did not control Bitcoin. As such, the identity of Bitcoin’s inventor is probably as relevant today as the identity of the person who invented paper.


Fcc Uncategorized

FCC Unveils Sweeping Net-Neutrality Rules

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FCC Chairman Tom Wheeler

FCC Chairman Tom Wheeler

February 4, 2015 The Federal Communications Commission plans to enact President Obama’s proposal for net-neutrality regulations that would claim expansive new powers over Internet providers.

In an op-ed in the technology magazine Wired on Wednesday, FCC Chairman Tom Wheeler said his rules will ensure “the rights of internet users to go where they want, when they want, and the rights of innovators to introduce new products without asking anyone’s permission.”


He plans to fully apply “bright-line rules” to Internet connections both at home and on mobile devices.

The move is a devastating blow to Internet providers such as Comcast, Verizon, and AT&T; they warn that treating the Internet like a utility will strangle investment, leading to worse service for everyone. They have all vowed to fight the rules in court.

But it’s a stunning victory for net-neutrality advocates, who organized a massive public campaign over the past year to pressure the FCC to enact strong regulations. More than 4 million people filed comments with the FCC, the most for any proceeding ever. In November, Obama sided with the activists and urged the FCC, an independent agency, to enact the “strongest possible” rules.

Wheeler will share his draft regulations with the four other FCC commissioners Thursday, with a final vote set for Feb. 26.

“The Internet must be fast, fair, and open. That is the message I’ve heard from consumers and innovators across this nation,” Wheeler wrote in the op-ed. “That is the principle that has enabled the Internet to become an unprecedented platform for innovation and human expression. And that is the lesson I learned heading a tech start-up at the dawn of the Internet age. The proposal I present to the commission will ensure the Internet remains open, now and in the future, for all Americans.”

He plans to ban Internet providers from intentionally blocking or slowing down any legal online content. He would also bar providers from charging websites for access to special Internet “fast lanes.” The providers would be allowed to engage in “reasonable network management”—but not if the goal is to gain a business edge.

The proposal also includes a catchall provision to address unanticipated future abuses: Internet providers would not be allowed to “harm” consumers or websites.


Wheeler plans to classify broadband as a “telecommunications service” under Title II of the Communications Act, which would grant his agency broad new authorities. Net-neutrality advocates argue that the move is the only way to enact rules that can survive legal challenges.

But broadband providers fear the decision could lead to new regulations that have little to do with protecting an open Internet. Title II, which the FCC has long used to regulate landline phones, includes more than 100 pages of rules and procedures designed to ensure universal access and fair prices.

In the op-ed, Wheeler said he will “modernize Title II, tailoring it for the 21st century.” He will waive provisions controlling prices and requiring the providers to allow competitors use their networks. The commission also does not plan to immediately impose fees on monthly Internet bills, as it does on phone bills.

But the FCC will invoke provisions requiring broadband providers to protect the privacy of their customers and ensure access for people with disablities.

The proposal would also give the FCC the authority for the first time to police disputes about congestion on the backend of the Internet. Websites will be able to file complaints with the FCC if they believe providers aren’t offering reasonable access to load traffic onto their networks. Netflix, which has had to pay major providers in recent months for direct-connection deals, celebrated the announcement and said it would have filed complaints if the regulations had been available.

Obamacare Uncategorized

A Bold Alternative To Obamacare!

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Obamacare does have a alternative is called  ” Self-Pay Healthcare”! It simply unites like-minded Americans to share medical costs together. In this way families all over America share their medical expenses each month. There’s power in group sharing!

And it’s reciprocal! Should you ever have medical costs, others in the program contribute their monthly share amount; even send notes of encouragement, to share in your expenses. It’s a simple case of neighbor helping neighbor.

Here is your opportunity to join a community of health-conscious Americans who practice time tested principles Christians have been observing for decades about their healthcare. “Self-Pay Healthcare” does comply with “Obamacare” or Affordable Care Act regulations.

By putting you, the self-pay patient, in charge of your care, unnecessary costs and procedures are eliminated. After all, it’s your money! You review the treatment you receive, and you approve the costs. Plus, we have a team of professionals that will advocate for you throughout your medical incident to manage your care efficiently. Insurance companies engage in actuarial projections. They try and predict mathematically the expected medical costs of their policy holders. Then they add in administration, marketing, sales, taxes and profit. They collect a premium to cover all that, and hope for the best.

With “Self-Pay Healthcare” members live healthy lifestyles, and their actual costs are far less. Everyone enjoys the savings! They emphasize spiritual principles of wellness, health and prevention. Health conscious people have fewer bills, lower costs and much more rapid recoveries.

The modern health insurance industry, a by-product of government regulation and tax policy, has led to a system in which the consumer of medical services doesn’t know the costs or final prices charged for services. Without a functioning system of price signals, prices cannot be contained, writes Willem Cornax. This audio Mises Daily is narrated by Keith Hocker. From: Audio Mises Daily , Tuesday, September 30, 2014 by Willem G. Cornax

Here are some links:,,

So this is one way of getting affordable healthcare for you or your family than Obamacare!!