In the first few months, they were getting one customer monthly wanting to pay in Bitcoin; now it happens three to five times a week. In one case, a customer paid 4 Bitcoin for what was then $48 USD worth of cupcakes. When the price spiked to over $200, that sale turned into an $800 one. Longson says she was tempted to convert her Bitcoin over to USD then, but she and her husband decided to keep her Bitcoin bank.
“Bitcoin is in its infancy. I’m mostly showing my support for it,” says the freckled, red-haired Longson, who is six months pregnant. “I realize it’s a volatile market and I might take a loss, but it’s interesting to be involved in. It leads to really interesting conversations about how our economy is based on arbitrary people deciding how much a $1 is worth.” — Living on Bitcoin (via wearethedigitalkids)
The Gong Show: Disruption From Left Field -
Apple is running a new ad in which there is one simple line of dialog:
Every day, more photos are taken with the iPhone than any other camera.
Simple, tight, concise message. And the ad is beautiful.
When I saw this ad, my first reaction was a simple, emotional response to the raw,…
Fred Wilson Dot VC: The Double Edged Sword of Technology and the Need for Values -
If ever we needed a reminder that technology can both make our lives better and more terrifying this week provided plenty of them. Pressure cookers for cooking and bomb making. Fertilizer for agriculture and explosions (sadly also used in the Oklahoma City bombing). Social…
Michelle Sun: Connecting the Dots -
‘You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all…
Tiny Half-Inch Papercraft Millennium Falcon
Netflix Series Spending Revealed -
Andrew Wallenstein of Variety reports on a panel featuring CAA TV literary agent Peter Micelli, who spoke about Netflix:
“The cheapest show is $3.8 million an episode,” Micelli told a crowd of more than 500 lawyers in the entertainment business. “‘House of Cards’ started at $4.5 million and (executive producer David) Fincher took it way above that.”
It ain’t cheap, but with Microsoft, Amazon, Redbox, Verizon, and others now getting into this game, there’s little question in my mind that this will be the future of television.
THE REAL WEIRD TWITTER IS THE ESPIONAGE TWITTER -
Is Twitter being used as a numbers station?
‘GooGuns posts nothing but strings of letters and numbers, like b39e65fa00000000 in intervals of about five minutes on average. The string of characters always ends with zeroes, occasionally with the location service turned on, so you can see that 554705fa00000000 was allegedly tweeted from the “Region of Khabarovsk.” This has been going on all day and all night, for years, with more than 318,000 tweets posted since 2009. But why?’
Number stations in social media?
Any coincidence that the radio numbers thing went off recently?
(Source: criminalwisdom, via wilwheaton)