Remove 1998 Remove Community Remove Design Remove Open Source
article thumbnail

Why Bitcoin is Gaining Worldwide Popularity

The Startup Magazine

Bitcoin was conceptualised in 1998 by Satoshi Nakamoto (thought to be possibly a pseudonym), however, the first official Bitcoin transaction did not occur until January 12th, 2009 when Florida programmer Laszlo Hanyecz offered 10,000 Bitcoins for two Papa John’s pizzas (Dowling 2013). Conclusion.

article thumbnail

How To Predict The Future

Feld Thoughts

Using just two data points, the modem I had in 1986 and the modem I had in 1998, the spreadsheet predicts that I’d have a 25 megabit/second connection in 2012. Open source and crowdsourcing principles are well understood: When you get enough talented people working on a problem, especially in an open way, progress comes quickly.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Future of Transportation

Feld Thoughts

The barrier to flying cars is not in the design or building of a viable airframe. Companies like Chris Anderson’s 3D Robotics have built, along with the open source community, the ArduPilot, a sub-$500 autopilot for unmanned drones. By 2030 or slightly earlier, all vehicles should be fully autonomous.

article thumbnail

Boom and Bust and What Comes Next

Scalable Startup

Until recently Showplace Square’s post-quake red-brick warehouses were home to furniture and interior design showrooms, but soon, if the real estate developers have their way and the tech economy continues to expand, they will be converted to offices filled with even more “techies.” Beale Street and Market Street by Leo vanMunching.