It’s become an annual event: the fall of Bitcoin. You’ve probably read about it multiple times, and maybe even believe that the online, decentralized currency is already gone forever. It isn’t. Created by a mysterious, anonymous entity back in 2009 – when the recession was at its worst – Bitcoin is a completely digital currency with no central servers. Transactions are distributed across the network of users, and developers claim counterfeiting to be impossible. We’ve taken a deep look into this virtual, but oh-so-real, currency.
Social media has a reputation for serving narcissistic purposes, encouraging users to share minute details about their day that no one really wants to know. The fact of the matter is that social media tools have gone far beyond status updates. Twitter has become a heavyweight in the breaking news world, has become a way to track online trends, and is a creative outlet. Advertising agencies are at the front of the line finding creative ways to get more out of Twitter.
Find out how your favorite sites on the web make money. “How Do They Make Money” is an interactive site that lets you quickly find your favorite tech companies, and you should check it out. Why? It’s not a bad question. Most web users seem not to care how their favorite sites make money – until a given site makes a policy change they don’t like. There are patterns behind the madness. Almost every site on the web needs to generate some revenue.
For years now, PayPal has solidified itself as the payment system of choice for anyone doing business on the Internet. When people first started doing business over the Internet, you would have thought that some sort of convenient credit-card payment system would have been the system of choice. However, the collective greediness of the major credit card processors created a gap online, where businesses without a lot of available cash flow needed an inexpensive way to offer potential online customers with a fast and convenient way to pay for things online.