April 2, 2019

In 2016 a majority of U.K. voters chose to leave the European Union, a controversial decision that led to years of confusion and infighting among lawmakers. In fact, British officials were supposed to have all the details of “Brexit” hammered out by March 29, 2019. They missed that deadline, of course, and unfortunately aren’t any closer to brokering a deal to leave the European economic community. Now the nation faces the risk of crashing out of the EU with no Continue reading

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November 29, 2018

Last year, the price of bitcoin nearly reached $20,000, leading some optimistic analysts to label the cryptocurrency as the future of money. According to them, the value of the decentralized currency could only go up since it was free of manipulation from any single government or institution. Soon after reaching this peak in late 2017, however, bitcoin began a steady drop that continued throughout the year. In fact, on Monday the price of the cryptocurrency fell below $3,650, Continue reading

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April 10, 2018

Paying with a credit card is an almost entirely electronic process except for one notable step: the signature. Although this final part of the transaction is meant to provide another layer of security, many consumers quickly squiggle something down on the line just to get the procedure over with. Then there are people like Doug Taylor, who goes the extra mile by signing his receipts with a doodle of a little dog wagging its tail. “It gets a laugh, most Continue reading

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February 2, 2018

When we last looked at Bitcoin in December, the cryptocurrency’s price had skyrocketed to about $16,500 after starting the year at just $985. At its peak a couple of weeks later, a single Bitcoin became worth a whopping $19,511. The ever-increasing success of the cryptocurrency and others like it convinced some investors that the future of money was taking shape before their eyes. Many remained wary of Bitcoin’s boom, however, fearing that the bottom could fall out at any time. Continue reading

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December 8, 2017

Over the last few months, we’ve posted a couple of stories about Bitcoin’s enormous gains in 2017. First we marveled at how the cryptocurrency’s value had risen to $4,000 in August after starting the year at just $985. By November, a single Bitcoin became worth more than $7,200. Since then the cryptocurrency has climbed even higher while also experiencing some major fluctuations. Last night, for instance, Bitcoin’s value reached a record high of $17,153 before eventually falling to around Continue reading

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November 3, 2017

When we took a look at Bitcoin in August, the cryptocurrency had just reached a record value of more than $4,000. Since then it has only continued to grow in worth, topping out $7,200 this week. Many experts now say that Bitcoin and other blockchain-based currencies could be the future of money, even though most consumers have no clue how they work. This longform video tries to remedy that problem by comparing Bitcoin with the stone ring currency system used Continue reading

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August 22, 2017

max-pixelWhen Bitcoin launched in 2008, a single unit of the mysterious cryptocurrency was worth just a little more than half a cent. Bitcoin’s value remained under a dollar for years afterward, leading many to wonder why anyone would invest in a strange new currency that couldn’t be controlled by any government or company. Besides being seemingly worthless, Bitcoin also operated through a decentralized network of computers whose owner was impossible to verify. This anonymity extended to Bitcoin’s users as well, Continue reading

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June 29, 2016

In the aftermath of the Brexit, many non-European observers have been left wondering why a majority of British voters opted to leave the EU. While a number of factors contributed to the historic ‘Leave’ decision, this video specifically looks at the euro’s role in plunging the Greek economy and how the crisis turned into a cautionary tale for other EU countries.

Questions:

  1. Should wealthy EU countries send regular financial support to poor nations in the union?
  1. Will the euro last as a continent-wide currency?
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Over the last few years, large retailers have become increasingly vulnerable to attacks by hackers looking to steal important company and customer data. In order to prevent these breaches, stores across the nation are upgrading to new credit card readers that scan an embedded chip rather than the card’s magnetic strip. Each transaction on a chip-card receives its own unique code, making shopping safer for consumers and companies alike. 575 million of these new cards are expected to land in Continue reading

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