A new initiative recently proposed by the Royal Canadian Mint proposes to create the MintChip, a digital currency that’s similar (to BitCoin), but is backed by the Canadian government.
Aiming to become “the digital equivalent of the coins we use every day,” in the Canadian Mint’s own words, the MintChip will target micro- and nano-transactions conducted both online and offline, whether at the physical point of sale, on mobile devices, or among peers. Via
posted by infini
on Apr 20, 2012 -
Leonard Cohen is broke.
The legendary singer's manager allegedly helped herself to more than $5 million of Cohen's savings while he was busy training as a Buddhist monk. Cohen's manager also convinced him to sell his back catalogue and continuing royalties—profits from both sales were allegedly taken by the same manager.
At the age of 70, Cohen's retirement savings have been depleted to under $150,000 and he is being forced to return to full-time touring and recording.
posted by huskerdont
on Sep 5, 2005 -