In 2014, Bitcoin (BTC) has become established as increasingly "real" money with government regulatory interest
, law enforcement
, and growing acceptance
, but also as the reserve cryptocurrency for hundreds of "altcoins,"
making them also convertible to legacy money. Foremost among these is Litecoin (LTC),
which introduced the scrypt hashing algorithm to cryptocurrency, democratizing coin mining by being best suited to common GPUs rather than Bitcoin's dedicated mining equipment. Recently donated LTC paid for a forest
in Madagascar. Peercoin (PPC),
next in prominence, introduces "proof of stake" where less energy is spent mining and existing coins pay interest. Dogecoin (DOGE),
a fork of Litecoin (previously
covered on Metafilter
), continues heading to the moon
, with more transactions than all other coins combined
, thriving markets in digital goods
, an upcoming party in NYC's Bitcoin Center on Wall Street
, much charity
, and the recent announcement
that new Dogecoins will be generated indefinitely. A selection of other foremost and interesting cryptocurrencies is within. [more inside]
posted by save alive nothing that breatheth
on Feb 5, 2014 -
You might now be running in your head to a well worn path of justified resistance, phoning up the ol’ gang, circling the hippocampian wagons of amygdalian resistance. Hold on a sec, pilgrim.
Yahoo urges its employees to switch from using outlook to Yahoo Mail in a bizare internal email
. Meanwhile, as Microsoft abandons
the hated practice of stack ranking
Yahoo adopts it as its own
. But hey, they have Katie Couric
posted by Artw
on Nov 25, 2013 -
When the announcement had been made that Wimbledon FC would be moved to Milton Keynes, to later be rebranded MK Dons, a meeting was called by Wimbledon fans. Toward the end of a charged meeting in the Wimbledon Community Centre, Kris Stewart, then chair of the Wimbledon Independent Supporters Club, realized that the fans had no chance of hanging on to their club and that no amount of protests would stop the franchise moving to Milton Keynes. In that moment Stewart made his walk through the crowd toward the microphone. “I’m tired of fighting,” he said before issuing a spontaneous rallying cry that has become legendary among fans of AFC Wimbledon. “I just want to watch football.”
posted by Rustic Etruscan
on Oct 24, 2013 -
Few industries would routinely pay millions per unit of an item, sight unseen, with minimal (and sometimes no) market research. So how can the TV business afford to operate this way? To understand the economics of scripted television, we need to examine the idiosyncratic journey of a show from concept, to pitch, to script, to screen. And we’ll see why, in a business where only a few hits stand out any given year, lavish spending is the cost of staying relevant. -- The Economics of a Hit TV Show
posted by Potomac Avenue
on Oct 23, 2013 -
Before retiring in May 2013, Sir Alex Ferguson spent 26 seasons as the manager of Manchester United, the English football (soccer) club that ranks among the most successful and valuable franchises in sports. During that time the club won 13 English league titles along with 25 other domestic and international trophies—giving him an overall haul nearly double that of the next-most-successful English club manager.
In 2012 Harvard Business School professor Anita Elberse had a unique opportunity to examine Ferguson’s management approach and developed an HBS case study around it. Now she and Ferguson have collaborated on an analysis of his enormously successful methods
posted by criticalbill
on Sep 10, 2013 -
In my view, the main reason for the uneven management sex ratio is our inability to discern between confidence and competence. That is, because we (people in general) commonly misinterpret displays of confidence as a sign of competence, we are fooled into believing that men are better leaders than women. In other words, when it comes to leadership, the only advantage that men have over women (e.g., from Argentina to Norway and the USA to Japan) is the fact that manifestations of hubris — often masked as charisma or charm — are commonly mistaken for leadership potential, and that these occur much more frequently in men than in women. -- The Harvard Business Review asks why are less than competent men getting leadership positions when much more qualified women aren't
posted by MartinWisse
on Sep 5, 2013 -
A corporation is not a living creature. It has no soul. It has no heart. It has no feelings. It can neither experience towards you nor enjoy from you even the concept of loyalty. It is a legal fiction, and it exists for one purpose only: to make profit. If you assist in this goal in the long term, your ongoing association with the organization is facilitated. If you detract from it consistently, you will be cut. Family is “where they have to take you in no matter what you’ve done.” A corporation is… well, it’s sort of the exact opposite of this.
Be loyal to yourself.
posted by Foci for Analysis
on Aug 20, 2013 -
Plagued by the realities threatening many retail stores, Sears also faces a unique problem (alternate link): [CEO Eddie] Lampert. Lampert runs Sears like a hedge fund portfolio, with dozens of autonomous businesses competing for his attention and money. An outspoken advocate of free-market economics and fan of the novelist Ayn Rand, he created the model because he expected the invisible hand of the market to drive better results. If the company’s leaders were told to act selfishly, he argued, they would run their divisions in a rational manner, boosting overall performance.
posted by Horace Rumpole
on Jul 12, 2013 -
This was not the act of a fringe contingent. The letter—which, until now, has never been published in its entirety—is signed by 154 staffers, including J.D. Salinger, Calvin Trillin, John McPhee, Jamaica Kincaid, Saul Steinberg and Janet Malcolm. There are a few notable abstentions, including John Updike and Charles McGrath, who would soon be named Gottlieb's deputy. At the bottom, it reads "cc: S. I. Newhouse." The Letter: Robert Gottlieb's Tenure as the New Yorker's Managing Editor
, Elon Green, The Awl
posted by Rustic Etruscan
on Jul 11, 2013 -
The problem is that cinema, as I define it and as something that inspired me, is under assault by the studios and, from what I can tell, with the full support of the audience. The reasons for this, in my opinion, are more economic than philosophical, but when you add an ample amount of fear and lack of vision and a lack of leadership you’ve got a trajectory that is pretty difficult to reverse.
- "Retired" director Steven Soderbergh
speaks to the San Francisco International Film Festival about the state of cinema
, full audio at bottom of page 2
posted by Artw
on Apr 29, 2013 -
Phish has consistently been one of the most popular and lucrative touring acts in America, generating well over a quarter billion dollars in ticket sales. Yet, by other measures, the band isn’t popular at all... Phish doesn’t make money by selling music. They make money by selling live music, and that, it turns out, is a more durable business model.
) [more inside]
posted by Horace Rumpole
on Apr 22, 2013 -
"“It just felt really good, when this all started, to have the sexy sports celebrity from Boston who seemed to like Rhode Island and showed up in Rhode Island, and who built this exotic new business, even though no one knew what it was,” says the historian Ted Widmer, who grew up in Providence and works at Brown. “It seemed like the digital economy, or biotech, or whatever. But then it turned out that it wasn’t the new digital economy. It was some 13-year-old’s medieval fantasy.” "Curt Schilling, Rhode Island, and the Fall of 38 Studios.
posted by Pope Guilty
on Apr 21, 2013 -
Is Giving the Secret to Getting Ahead? [Adam] Grant, 31, is the youngest-tenured and highest-rated professor at Wharton....
Grant might not seem so different from any number of accessible and devoted professors on any number of campuses, and yet when you witness over time the sheer volume of Grant’s commitments, and the way in which he is able to follow through on all of them, you start to sense that something profoundly different is at work. Helpfulness is Grant’s credo.... For Grant, helping is not the enemy of productivity, a time-sapping diversion from the actual work at hand; it is the mother lode, the motivator that spurs increased productivity and creativity. In some sense, he has built a career in professional motivation by trying to unpack the puzzle of his own success. He has always helped; he has always been productive. How, he has wondered for most of his professional life, does the interplay of those two factors work for everyone else?
posted by caddis
on Mar 28, 2013 -
Alan Cooper and the Goal Directed Design Process The heart of the problem, he concludes, is that the people responsible for developing software products don’t know precisely what constitutes a good product. It follows that they also do not know what processes lead to a good product. In short, they are operating by trial and error, with outcomes like customer satisfaction achieved by little more than blind luck. By Hugh Dubberly, first published AIGA GAIN Journal, 2001
posted by infini
on Dec 13, 2012 -