Karl Marx

TheSunnyMag: Can Bitcoin Save World Economy?

TheSunnyMagHere goes our weekly magazine of stories curated from around the world. In this edition: Bitcoin May Be the Global Economy’s Last Safe Haven & other great stories from around the web.

New new world

The Next Big UI Idea: Gadgets That Adapt To Your Skill: As gadgets get more complicated, UIS must be able to teach their users over time. Philip Battin shows how. Read here.

When TED Lost Control of Its Crowd:  “Wow. Such f—ing bullsh-t.” No, this is not a snippet from the latest Quentin Tarantino film. It’s Stanford professor Jay Wacker responding, on the Q&A site Quora, to the now-infamous TEDx talk “Vortex-Based Mathematics.”  More here.

MOOCs, sensors, apps and games: The revolution in education innovation: Massive Open Online Courses (MOOCs) have been touted by some as the breakthrough that will transform education. Top universities such as MIT, Harvard, and the University of California at Berkeley are scrambling to make their lectures available online. Gov. Jerry Brown (D-Calif.) described one such program — a trial effort between online course platform Udacity and San Jose State University — as being “about our society, our future and how we can all improve our skills, how we can exercise our imagination.” More here.

The Power of Digital Education: Education of its citizens is society’s highest ambition. Digital education is changing the landscape with powerful technologies that extend learning to everyone, everywhere. It’s changing the future of the classroom and creating a crisis for teachers, schools, and the trillion-dollar business of education. Read all the stories here.

Entrepreneuring

He Has Millions and a New Job at Yahoo. Soon, He’ll Be 18: One of Yahoo’s newest employees is a 17-year-old high school student in Britain. As of Monday, he is one of its richest, too.  That student, Nick D’Aloisio, a programming whiz who wasn’t even born when Yahoo was founded in 1994, sold his news-reading app, Summly, to the company on Monday for a sum said to be in the tens of millions of dollars. More here.

At Age 25 Mark Cuban Learned Lessons About Leadership That Changed His Life: At age 24, I left Indiana and hit the road in my 1977 Fiat X19. I was on my way to Dallas. The car had a hole in the floorboard. It needed oil every 60 miles. Some college buddies of mine had told me to come to Dallas–that the weather was great, that there were jobs and that the women were amazing. I didn’t hear the first two pieces, but I definitely heard the third. More here.

Technicolor

19-Year-Old Develops Ocean Cleanup Array That Could Remove 7,250,000 Tons Of Plastic From the World’s Oceans: 19-year-old Boyan Slat has unveiled plans to create an Ocean Cleanup Array that could remove 7,250,000 tons of plastic waste from the world’s oceans. The device consists of an anchored network of floating booms and processing platforms that could be dispatched to garbage patches around the world. Instead of moving through the ocean, the array would span the radius of a garbage patch, acting as a giant funnel. More here.

World’s smallest blood monitoring implant tells your smartphone when you’re about to have a heart attack: A team of scientists at Ecole Polytechnique Fédérale de Lausanne (EPFL) in Switzerland have developed the world’s smallest medical implant to monitor critical chemicals in the blood. The 14mm device measures up to five indicators, including proteins like troponin, that show if and when a heart attack has occurred. Using Bluetooth, the device can then transmit the data to a smartphone for tracking. More here.

Solar power, white spaces bring 16Mbps broadband to towns without electricity: White space networks haven’t exactly revolutionized Internet access in the US, but that doesn’t mean the technology can’t have a major impact in countries that lack consistent access to the Internet. The latest project showing the power of white spaces is unfolding in Kenya, where a solar-powered network is bringing the Internet to people who aren’t even connected to an electric grid. More here.

Why IBM Made a Liquid Transistor: IBM materials advance shows another promising path to replace the foundation of today’s computing technologies.  More here.

Lifehack

40 Ways to increase Follower Count: The question that seems to be on everyone’s lips on the social media marketing team is “How can I increase the number of Facebook likes?” Read more here.

Awesome Accountant Made an Entire RPG Game Inside Microsoft Excel: Every accountant I know swears by the powers of Excel. But not every accountant can harness that power as beautifully as Cary Walkin, an accountant from Canada. Walkin made a full RPG game inside Excel. As in you can use Excel to actually have fun. More here.

How to Write the Dreaded Self-Appraisal: No one likes review time. For many, self-appraisals are a particularly annoying part of the process. What can you say about your own performance? How can you be honest without coming off as arrogant, or shooting yourself in the foot?  More here.

Inc.

How Samsung Became the World’s No. 1 Smartphone Maker: I’m in a black Mercedes-Benz (DAI) van with three Samsung Electronics PR people heading toward Yongin, a city about 45 minutes south of Seoul. Yongin is South Korea’s Orlando: a nondescript, fast-growing city known for its tourist attractions, especially Everland Resort, the country’s largest theme park. But the van isn’t going to Everland. We’re headed to a far more profitable theme park: the Samsung Human Resources Development Center, where the theme just happens to be Samsung. More here.

Sublime Subprime: If knowledge is power, a 43-year-old science fiction aficionado named Steve Kuhn, who started his career two decades ago in a backwater job trading paper for Cargill‘s mortgage operation, is the new king of Wall Street. Kuhn’s $3.6 billion Pine River Fixed Income hedge fund, based in the tony Minneapolis suburb of Minnetonka, had one of its best years ever last year, returning 35% to investors, net of fees.  More here.

Big Picture

Bitcoin May Be the Global Economy’s Last Safe Haven: One of the oddest bits of news to emerge from the economic collapse of Cyprus is a corresponding rise in the value of Bitcoin, the Internet’s favorite, media-friendly, anarchist crypto-currency. In Spain, Google (GOOG) searches for “Bitcoin” and downloads of Bitcoin apps soared. The value of a Bitcoin went up to $78. Someone put out a press release promising a Bitcoin ATM in Cyprus. Far away, in Canada, a man said he’d sell his house for BTC5,362. More here.

Karl Marx
Karl Marx

Bitcoin Hits $1 Billion:  Bitcoin, the world’s first open source cryptographic currency, which has been on a tear since the beginning of this year, set a new record for itself yesterday afternoon as the price listed on the largest online exchange rose past US $92. With nearly 11 million Bitcoins in circulation*, this sets the total worth of the currency just over one billion dollars. More here. Marx’s Revenge: How Class Struggle Is Shaping the World: Karl Marx was supposed to be dead and buried. With the collapse of the Soviet Union and China’s Great Leap Forward into capitalism, communism faded into the quaint backdrop of James Bond movies or the deviant mantra of Kim Jong Un. The class conflict that Marx believed determined the course of history seemed to melt away in a prosperous era of free trade and free enterprise. The far-reaching power of globalization, linking the most remote corners of the planet in lucrative bonds of finance, outsourcing and “borderless” manufacturing, offered everybody from Silicon Valley tech gurus to Chinese farm girls ample opportunities to get rich. Asia in the latter decades of the 20th century witnessed perhaps the most remarkable record of poverty alleviation in human history — all thanks to the very capitalist tools of trade, entrepreneurship and foreign investment. Capitalism appeared to be fulfilling its promise — to uplift everyone to new heights of wealth and welfare. Or so we thought. More here.