Time is on our Side

Sitting on a plane is a great chance to think. I try to enjoy the time to sit back and slow down, rather than freak out and get claustrophobic. I try to fall into a relaxed state on the long flights in the big aluminium tube in the sky, and I just think about stuff. So, as so often happens to me these days Crypto Currency comes to mind. 

Every day that goes by that the Bitcoin system isn't hacked or corrupted is a win. Seven years without a transaction error is an awesome thing that other systems can't provide. Credit cards have a 20% failure rate due to fraud. And that's just a small part of Bitcoin. The whole digital cryptography system is growing and getting stronger with age. Its open and it's moving in a good direction. It's amazing and time is really on our side.

Still I'm impatient. People seem to get hung up in geekdom, or cultural stigma towards financial subjects. And I feel it to. I mean WTF was that I was just writing about?

"How do we spread the word about this cool thing to all our friends?" 

And to good people in general! this was the reason for MidwayCrypto in the first place. These blogs (and not just mine) always get caught up in detail and obscure subject mater. Its an easy thing to do, the details are so good, but for first time newbies it can all be a bit much. Like having a conversation about the meaning of life, or religion, or investment strategy at a party. Eye role drunk late night stuff you regret in the morning. Its much cooler to just talk about music and festivals and travelling.  

In the video like below Morgan Spurlock does manage to nail the first time perspective. I really recommend it. Good Spurlg Morg! found here: http://247cryptonews.com/morgan-spurlock-the-living-on-bitcoin-full-documentary/#utm_source=rss&utm_medium=rss&utm_campaign=morgan-spurlock-the-living-on-bitcoin-full-documentary

Right now is a great time to get into Bitcoin. It's proven to be legitimate and here to stay, so no pressure. But everyday that goes past that your not involved may well be one that you regret. Take some time to watch Morgans video. Sit back, relax and think about the possibilities. 

.giff curticy of "the better things" blog

Investing in Cyber Security is Investing in Crypto-Currency

All the hype on Bloomberg this morning is about investing in Cyber Security. "What to invest in this year?" They say. With all the latest news stories and the stock market running high "in a world of growing volatility"and what a statement that is. "We have a more global market, but its increasingly fragmented". I've been hearing that for over 5 years! Could we also say " consistent volatility" ? Is that still volatility at all? Or should they just say "Shit is getting random we know less and less about what is going on an when its going to happen.". Or how about we look at it in a positive way. Could we say the world is getting more sensitive?

The finance news desk say "So whats your pick for investment this year then?"  "Cyber security" reply's the Janette Yellen type, the internet of things lady. Well here's the thing. Bitcoin and cyber currency are basically the physical incarnation of cyber security. The pointy end of the stick. The forefront of cyber security hardware; bitcoin mining machines. The ultimate and most important utility of cyber security; the transfer of value. And a key enabler of internet thingies.

So therefore a dollar spent in the cyber security industry is making a big contribution to the digital currency economy. This happens in so many ways and from so many angles i don't even want to list them. Just ask, name a random thing bitcoin and cyber security investment are best buddies. BFFL's!

If you like, you can look at the global economy like a child growing up and becoming more independent, but also more out of control, like a teenager. Smart parents stay friends with their teenagers friends.