In yet another instance of government regulators being unable to respond to new technology in a timely or intelligent way, the Federal Aviation Administration has announced its intention to ban…
Tag:
government regulation
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A few weeks ago, I wrote about how Uber was upsetting government regulators. The ride-sharing company is providing such great service to consumers that existing taxi companies called upon the…
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For people who’ve ever struggled to find a taxi, Uber is great news. If you’re in a decent-sized city, download its app, register, and you’ll never wait for a taxi…
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It’s been another up week for Bitcoin, although prices dropped from near $670 to $638 abruptly in midweek trading. Whenever prices moved over $670, big selling volume kicked in to…
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Back in 2009 the German central bank, the Bundesbank, announced they were concerned they hadn’t been paying enough attention to their gold reserves stored in overseas central banks. It’s not…
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It’s fascinating to watch Bitcoin evolve, as more players begin to understand the technology. Law enforcement, financial regulators, investors, big banks, Congress, and now the US military are all struggling…
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It was interesting to watch the reaction of regulators to the arrival of cryptocurrency. Some of that government reaction was what one might expect, a bit of overreaction based on…
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News
Situational Awareness: American Wins Boston Marathon, SCOTUS Slaps Down Affirmative Action
by Bruce Haringby Bruce HaringWelcome to Situational Awareness, a weekly roundup of news from last week that will likely be causing sleepless nights in the future. SOMALIA OR BUST: A Hawaii-based ground crew…
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Back in 2008, officials in Los Angeles made a big stink about a certain kind of cheese. It was not that the cheese stank — it was how it was…