Tag Archives: Peer To Peer

Mobile Apps Bringing a Taste of the Free Market to China

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“With DiDi Dache, you simply list where you are and where you want to go, leave a voice message for prospective drivers, and in my experience, within 5 minutes you have a taxi.  Some have reported that they were able to take rides for just 2 yuan, approximately 33 cents. This is possible due to the company’s revenue model, where revenue comes not from taxi fares themselves, but instead from ‘location-based advertising,’ which uses geo-tagging to target riders with advertisements related to their location.  A unique feature of the app is that people seeking taxis are able to bid for rides if demand spikes and/or they want a faster response.”

http://isil.org/mobile-apps-bringing-a-taste-of-the-free-market-to-china/

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The Peer-to-Peer Economy: Death Blow to the State

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“The most radical application of this idea concerns money and finance. After one-hundred years of government production of currency, and government sponsorship of banking institutions, P2P networks are now providing payments systems, loan markets, and even currency units such as Bitcoin. The implications of this are of course remarkable to consider. It’s one thing to dispense with the need for film processing; its something else entirely to toss away central banks, regulated stock markets, and departments of treasury. These are the heart and soul of political power itself.”

http://tucker.liberty.me/2014/05/05/the-peer-to-peer-economy-death-blow-to-the-state/

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The Future Of The Blockchain

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“There’s been discussion about whether Bitcoin is a currency, a commodity, or a technological protocol. There are good arguments for each categorization, but each is unsatisfying in some way.  Now we know why this debate is so unsatisfying. Bitcoin represents a novel form of organization — a blockchain-based entity — that’s not quite like anything seen before it.”

http://www.businessinsider.com/the-future-of-the-blockchain-2014-4

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If Snowden’s A Terrorist, What About Uber and Airbnb?

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“Why would Marc Andreessen condemn Edward Snowden for showing the American people that they have forsaken every right to privacy that they once held dear?  His VC firm was behind such disruptive technology companies as Twitter and LinkedIn. Virtual hotelier Airbnb is one of its prize portfolio holdings today.  Is Andreessen a terrorist? Because he is busy scaring the proverbial crap out of people across the globe—businesses, individuals, regulators, and more. He’s putting people out of jobs, left and right. He’s wreaking havoc on the economy.  And, like Edward Snowden, I am of the mind that all the pain Andreessen is causing will be well worth it in the end.”

http://www.caseyresearch.com/cdd/andreessen-terrorist-government-shutdown-airbnb-uber

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Niall Ferguson: Networks and Hierarchies

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“The near-autarkic, commanding and controlling states that emerged from the Depression, World War II, and the early Cold War exist only as pale shadows of their former selves. Today, the combination of technological innovation and international economic integration has created entirely new forms of organization—vast, privately owned networks—that were scarcely dreamt of by Keynes and Kennan. Are these new networks really emancipating us from the tyranny of the hierarchical empire-states? Or will the hierarchies ultimately take over the networks as they did a century ago, in 1914, successfully subordinating them to the priorities of the national security state?”

http://www.the-american-interest.com/articles/2014/06/09/networks-and-hierarchies/

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S.F. Taxi Chief Resigns, Predicts Industry Wipeout By Lyft And Uber

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“In a sense, it’s shocking to hear such grim assessments about the state of an industry–one that seems like a basic city service–that has been around for decades. But this is a lesson for other cities: San Francisco’s taxi system is notoriously horrible, with too few cabs on the road, too many cabbies who lie about having broken credit card machines so customers will pay cash, and problematic drivers.  A look at 1,700 customer complaints by the Bay Citizen reveals all sorts of issues, including cabbies smoking, texting while driving, falling asleep at the wheel, and just being rude. Should we surprised that the industry is in danger of toppling over?”

http://www.fastcoexist.com/3031448/heres-an-idea/head-of-san-francisco-cab-company-predicts-lyft-and-uber-will-put-the-industry

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New Decentralized Crowdfunding Platform Could Reshape P2P Finance

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“BitcoinJ developer and former Google engineer Mike Hearn is working on a new decentralized crowdfunding platform that will support bitcoin transactions and could lead to a reshaping of the peer-to-peer finance landscape.  The crowdfunding platform, called ‘Lighthouse’, was announced during a talk led by Hearn at the Bitcoin2014 conference in Amsterdam. Hearn later elaborated on the announcement in a 17th May blog post.  Like other crowdfunding platforms, Lighthouse will serve as a means for users to create projects and pledge funds to others. Hearn wrote, however, that its primary aim will be to help fund more advanced features and services within the bitcoin network.”

http://www.coindesk.com/new-decentralized-crowdfunding-platform-reshape-bitcoin-landscape/

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Cities to Carpoolers: Sharing Your Car is Illegal, We Will Seize Your Car

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“The U.S. isn’t exactly a ‘free market’, with outright bribery — condoned by the U.S. judicial system — or collusive public-private cartels leading to some products and services being banned from the market.  Just ask Tesla Motors Inc. (TSLA) whose electric vehicles have been banned from sale in many states.  That debacle arose due to the fact that Tesla has no dealerships and fearful dealership lobbyists banded together to pay off state politicians to ban direct auto sales. Now the same principle is being applied to stymie the emergency of another set of companies in the transportation sector — cloud-driven ride-sharing services.”

http://www.dailytech.com/Cities+to+Carpoolers+Sharing+Your+Car+is+Illegal+We+Will+Seize+Your+Cars/article34659.htm

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FreeSpeechMe: Anti-Censorship and Secure Domain Resolving Plug-in

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“Namecoin is a Bitcoin derivative that allows you to register names and data into a public blockchain. It bypasses going through central agencies that can take down your websites by removing the DNS entry.  Namecoin isn’t one of these dozens of ‘me too!’ cryptocurrencies popping up each day. In fact, Namecoin is barely even used as a currency, althought have very high value for a non-bitcoin cryptocurrency. That’s not its reason for existence. It exists to register domain names that can be used around the world without relying on government-controlled entities who can delete anything at a whim.”

http://bitcoinmagazine.com/10190/freespeechme-new-anti-censorship-secure-domain-resolving-namecoin-based-plug/

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Dutch court rules in favor of unblocking Pirate Bay as ban ‘ineffective’

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“People in the Netherlands will soon have access to The Pirate Bay, one of the world’s most censored file-sharing websites, as a court in The Hague ruled that Dutch ISPs need to stop blocking the site after the ban proved ineffective against piracy.  The Court of The Hague released its verdict that two leading ISPs operating in the country – XS4All and Ziggo – no longer have to block access to file sharing website The Pirate Bay.  The court’s verdict was based on the Charter of Fundamental Rights of the European Union, which includes the ‘freedom to conduct a business’ and ‘right to property.’ Entrepreneurial freedom overrides property rights, the court ruled.”

http://rt.com/news/court-unblock-pirate-bay-308/

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