Tag Archives: trade

China Puts The Screws To BMW | ZeroHedge

These outsized profit margins and rapidly growing sales are what BMW is trying to protect in the near term. And so it has to yield to the demand by the Chinese government to share technologies with Chinese partners.

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Bitcoin miners busted? Police confuse bitcoin power usage for pot farm – Computerworld Blogs

Bitcoin, one of the world’s newest currencies, is an open source, peer-to-peer currency that does not exist in physical form. It’s owned and traded by means of an anonymous P2P network, without any third-party intermediary like a payment processor, without any government issuing or tracking the virtual currency. While there is a limit of only 21 million bitcoins to be generated by the year 2140, bitcoin is “free” to generate and is created by “bitcoin miners.”

The implication is that a completely untraceable underground economy will emerge using bitcoin.

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