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DaVinci Coders
October 19th, 2014 at 8:09 am

Bitcoin isn’t just for anarchists and libertarians anymore

Bitcoin

Consumers are embracing the digital currency even though the value of Bitcoin has fallen 55% against the dollar.

Earlier this year Mary Fons joined the Bitcoin economy. She uses the digital currency to buy gift cards and office supplies. Her partner reimburses her with Bitcoin for his portion of the rent. Thirty-five year old Fons isn’t a nerd or a self-proclaimed libertarian like many of the currency’s early adopters. She lives in New York and co-hosts the Love of Quilting show on public television. “Why Bitcoin?” she asks. “Because I want to have options. I think it’s a beautiful thing open to everyone.”

 

 

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October 18th, 2014 at 8:31 am

1 in 4 Millennials trust ‘no one’ when it comes to advice about money

pennies-money

39 percent of millennials worry about their financial future at least once a week or more.

When it comes to information about financial matters, about a third of millennials trust their parents most, but nearly one in four say they trust “no one” when it comes to advice about money, according to Fidelity Investments.

 

 

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October 17th, 2014 at 8:20 am

Chuck Feeney, an unconventional billionaire who is revolutionizing philanthropy by closing his foundation

chuck feeney

Chuck Feeney

Chuck Feeney is a self-made billionaire who is an extreme philanthropist. He believes that charity shouldn’t go on forever and his fellow billionaires, from newly minted Silicon Valley entrepreneurs to Bill Gates and Warren Buffett, are learning from his example.

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IL-Header-Communicating-with-the-Future

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October 13th, 2014 at 12:33 pm

Do states with no income tax save residents money?

no state taxes

A state might have no income tax, but it might make up for that through other taxes.

If you’re thinking about moving to a new location, it’s reasonable to seek out spots that might cost you less. Thus many people turn to states with no income tax. However, there’s more to the picture than income taxes.

 

 

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September 22nd, 2014 at 12:18 pm

Crowdfunding will provide $65B to boost the 2014 global economy

crowdfunding money

A new law will allow entrepreneurs to equity crowdfund from anyone with the cash and the interest.

Crowdfunding is really big and it’s only going to get a whole lot bigger.  If you’ve been skeptical of all the crowdfunding buzz, consider this: By the end of 2014, crowdfunding is estimated to add at least 270,000 jobs and inject more than $65 billion into the global economy, according to estimates from crowdfunding platform Fundable. (Infographic)

 

 

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September 9th, 2014 at 11:06 am

Is it time for a Guaranteed Basic Income?

homeless

Poverty and homelessness on the rise.

Is it time for Basic Income? The idea of Basic Income has been endorsed by economists from a variety of political camps, but has always seemed more of a distant dream than a reality.  Productivity and standard of living increases made Basic Income practical and logical.

 

 

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August 21st, 2014 at 12:10 pm

How much $100 is worth in every state: Map

price-parity-2012

One hundres dollars goes further in some states than others. A map released by the Tax Foundation, via Elliot Turner, shows the relative value of $100 in every state compared with the national average using the data from the Bureau of Economic Analysis.

 

 

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August 8th, 2014 at 10:35 am

American’s financial lives explained in 29 charts

money

How much money you make and how you spend that money plays a huge part in what your life looks like.

What makes us unique? Well, we like to think lots of things make us unique: where we’re from, how we were raised, our tastes, our education. But for better or worse, how much money you make and how you spend that money also play huge parts in dictating what your life looks like.  Vox presents 29 charts below showing how Americans earn and spend money, from childhood through their golden years.

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August 7th, 2014 at 11:40 am

Map shows the wealthiest person in each state

richest person in each state

The real estate blog Movoto shows the net worth of the richest resident in each U.S. state on this interactive map. Darker shades of blue reflect those at the richest end of the wealth spectrum, while darker shades of red reflect those at the lower end. As you can see in the map, there’s a wide gulf between the fortunes of America’s richest.

 

 

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July 21st, 2014 at 10:04 am

Democratization of funding is disrupting the venture capital landscape

money

Democratization of funding is changing the VC landscape.

The venture capital and funding market has changed dramatically over the last ten years. In the past venture capitalists were the go-to-guys in the playground, there are new players giving entrepreneurs with many choices. One used to focus their efforts in the famed VC offices on Sand Hill Road, but today it is happening in every corner and coffee shop around the world.

 

 

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Steve Jobs