“Bitcoin: The Currency of the Future?” Bitcoin could be the future of currency. However, I think digital currency that’s govern like credit wills till be in the future as well, the good thing about Bitcoin is that it’s untraceable. Its like cash its just a transaction with no name and no other personal information to it. The author made a valid point, that many people would prefer to make a transaction without being recorded and another thing about it, is government has no control over it so users would not have to worry about being taxed. The no tax can back fire on us because we use tax to pay for non-profit businesses that supports society. And when involve your self with online business there are criminals as well as there are criminals in the real world. Just imagining someone being able to hack into your bitcoin account and wipe out all that you have. I feel we may need some kind of governance over bitcoin to ensure some safety in currency.
“A Bitcoin Believer’s Crisis of Faith” since bitcoin is a new form of currency, it means that the resources of bitcoin is scarce I believe that there is only the amount of $21 million in bitcoin which is not enough for a fair game. Mike Hearn unfortunately had to be a victim of online bullying as he received many of death threats from other bitcoin users. With all the crisis and evil schemes of bitcoin users, Mike Hearn still has faith in bitcoin but believes that someone needs to manage the software so that it can feel like a real professional business.
“Google and the Future of Apps” the only issue with the potential Google streaming application is that it uses up a lot of data and can only work well on good Wi-Fi connection. The author also made a good point on how Google will delegate payment to each owner of the applications they have in their streaming software. Streaming seems to work well when it comes to music, but even then the artist ends up getting nothing out the streaming deal. All streaming services needs to figure out a way to operate and pay off their depth to owners of content and apps.
