Great article, go read it whole
The price of a bitcoin topped $900 last week, an enormous surge in value that arrived amidst Congressional hearings where top U.S. financial regulators took a surprisingly rosy view of digital currency. Just 10 months ago, a bitcoin sold for a measly $13.
The spike was big news across the globe, from Washington to Tokyo to China, and it left many asking themselves: “What the hell is a bitcoin?” It’s a good question — not only for those with little understanding of the modern financial system and how it intersects with modern technology, but also for those steeped in the new internet-driven economy that has so quickly remade our world over the last 20 years.
Bitcoin is a digital currency, meaning it’s money controlled and stored entirely by computers spread across the internet, and this money is finding its way to more and more people and businesses around the world. But it’s much more than that, and many people — including the sharpest of internet pioneers as well as seasoned economists — are still struggling to come to terms with its many identities.
With that in mind, we give you this: an idiot’s guide to bitcoin. And there’s no shame in reading. Nowadays, as bitcoin is just beginning to show what it’s capable of, we’re all neophytes.
Physicists plan to build a bigger LHC
When Europe’s Large Hadron Collider (LHC) started up in 2008, particle physicists would not have dreamt of asking for something bigger until they got their US$5-billion machine to work. But with the 2012 discovery of the Higgs boson, the LHC has fulfilled its original promise — and physicists are beginning to get excited about designing a machine that might one day succeed it: the Very Large Hadron Collider (VLHC).
“It’s only prudent to try to sketch a vision decades into the future,” says Michael Peskin, a theoretical physicist at SLAC National Accelerator Laboratory in Menlo Park, California, who presented the VLHC concept to a US government advisory panel on 2 November.
I just think its funny
Art at a Snail’s Pace
You’ve finally made it, after a breathless climb up the winding marble staircase, to the upper terrace of the Duomo di Milano — the famed Cathedral of Milan, Italy, and the fourth largest in the world. You flip through your guide book. A towering forest of ornate spires, the same ones that enchanted the literary likes of Mark Twain and Henry James? Check. The hundred gruesome gargoyles, staring down from their marble perches? Check. There is the precious white marble, quarried from Candoglia, and a view of the Italian Swiss Alps in the distance (amid the smog). And yet, if you happened to be one of thousands of tourists who visited the Duomo two months ago, there was also something out of place — a bit of modernity sticking out among the 14th-century Gothic masterpiece.
There, slinking across the cathedral’s steps and roof, were dozens of bright blue plastic snails.