Category Archive : Culture

Bruno Mars Sparkles & Shines on 24K Magic

Ladies have been swoonin’ over Bruno Mars for some years now, and since he’s dubbed his most recent album “24K” that gives us here at GoldSilverBitcoin a reason to listen and review. 

Mars’ most recent downplays the swoonin’ ballads that have made the hearts of women everywhere flutter for a funkier approach. But, in the glossy production of 21st century technology, something is lost in all that funk. With that said, Mr. Mars lookin’ back in the past for inspiration also helps him look into the future, and he puts his own spin on things. Read More

How a Bitcoin Accepting Securities Lawyer Profited from Cubs Game 7 Victory

Wrigleyville erupted after the Chicago Cubs won Game 7 of the 2016 World Series.

Adam Tracy, Chicago-based securities lawyer and big time White Sox fan, thought about it the night before the ‘loveable losers’ clinched November 2 their first World Series victory in 108 years, vanquishing the Cleveland Indians.

To be honest, he was a  bit sour about the North Siders potentially going all the way. He figured, win or lose, there’d be some sort of rioting. Maybe he’d make some money off it to make himself feel better. Read More

Newly Released Blockchain App Brings Rideshare Back To Austin

The Arcade City app, featured in numerous headlines in 2016 as an alternative to Uber and Lyft, has been released. Residents of Austin, Texas, where other ridesharing services have been banned, have another option in Arcade City  to get around.

In order for drivers to use the Arcade City app in Austin and other cities, one million Karma points must be accrued by doing things like donating food to the needy. To keep track, this is done through, an app aimed at ending hunger. Austin was the first city to accomplish this, reaching its karma point threshold September 17.

Participants there, who refer to themselves as “the people of Arcade City, Austin” and “Members and Citizens” of Arcade City, started drafting a constitution. All groups must create their own constitution which describes how the group operates.

The group finished earlier in the week with their Constitution, but went back to work on it after Arcade City founder and CEO Christopher David – who is referred to as Mayor of Arcade City –  rejected it. He cited that it asked him to appoint leaders, which he won’t do. Later in the week, the group, located mainly in the Arcade City Austin Facebook group, finalized their constitution.

Arcade City allows drivers to set their own rates, contract directly with riders, and build their own recurring customer base over which Arcade City has no oversight by simply not really providing any of the infrastructure to handle it, as the recently released app demonstrates.

Arcade City is not much more than a virtual gathering place or the Craig’s List of ridesharing combining bitcoin with Facebook’s pre-existing infrastructures. It’s trying a radical new model so that it does not fit within the purview of regulations which brought down Uber and Lyft in Austin. Yet, the city has taken notice.

I reported in Motherboard in June that the Austin Transportation Department sent six officers to Capital Factory, a tech-focused co-working space where Arcade City addresses its headquarters, in order to serve David a ticket. A few days after, ATD sent David what he called a “nice email” requesting a sit down meeting to discuss the transportation ordinance.

David spoke with officials for approximately an hour and explained why he believed Arcade City is not a transportation network company, the business model used by Uber and Lyft to connect paying passengers with drivers who provide their own transportation.

“They didn’t fully agree with my reasoning,” he told Motherboard. So, it’s not clear if ATD will let the model persist. In June, Austin police impounded a female Arcade City driver’s vehicle for violating local transportation regulations. In a test of a central tenet of Arcade City’s model—community—other Arcade City drivers reportedly band together and crowdsourced the funds to get her back on the road.

“Arcade City the corporation has laid out an ambitious vision of total decentralization over time, a vision that will take resources and solid corporate strategy to attain,” David said. “We have a corporate interest in ensuring that people representing our brand in new cities aren’t making stupid mistakes that give customers a poor impression of Arcade City, mistakes that could have been avoided if they’d been connected with experienced drivers in our network.”

David believes ridesharing apps like Uber and Lyft “bastardized” the sharing economy. “They manage their drivers centrally, tightly control rider/driver interactions, and don’t allow service providers the leeway to set their own pricing or terms of service,” he said. “Their model is transitional: it fills the gap between the legacy transportation services of the past and the decentralized, stakeholder-owned marketplaces of the future.” But, David said, the modern ridesharing model will soon be obsolete.

“The value of that peer-to-peer, community-centric network will be orders of magnitude higher,” David said.

Marijuana Grows Are Causing Millions In Fire Damage In California

Photo Source: LA Times

The negligent use of equipment and improper installation of electrical systems on cannabis farms caused four wildfires in Calaveras County between June 14 and July 11, according to the California Department of Forestry and Fire Protection.

Cal Fire brought three of the fires under control quickly, limiting damage to minimum acreage and vegetation, according to Cal FIre Battalion Chief Matthew Gilbert.

The July 2 Appaloosa Fire, however, charred 310 acres on numerous properties.
Read More

IRS Targets Colorado Marijuana Businesses

The Internal Revenue Service has sent many Colorado marijuana companies questionnaires largely focused on IRS Form 8300, which tracks cash transactions above a certain amount. Fears of money laundering charges have gripped cannabis entrepreneurs. Read More

Guide To Craft Beer By The All Star Game In San Diego

San Diego is known for white sand beaches, championship droughts, droughts, and world-renowned craft beer. The 2016 All Star Game, hosted at Petco Park, and home to the San Diego Padres, is upon us. Tonight is the Home Run Derby. No need to stress. Here’s your guide to the best craft beer by the big game. Read More

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