In the old days making a trade was the best form of commerce: "My horse for your two pigs." Although, not too sure how the livestock felt about being used as a currency or economic units. It worked for many, many, many years. These days, it's a whole new bit. Simon Fraser University recently announced it will take Bitcoin as payment for its bookstore. The senate gave a message to Canadian Government to keep their hands off regulating these new virtual currencies. Bitcoin has ... [more]
If time was money, how much would it be worth?
Check out this time/money comparison: Let's say you had $1 million and you wanted to buy more time? How would that work? A) Buying time by the minute: So $1 million divided by 1,440 minutes in a day = 694 days. Then divide the days by seven days for each week and you now have 99 weeks. This would get you 1.9 years ... which is not too bad. B) Buying time by the second: So one hour multiplied by 60 seconds x 24 hours = 3,600 per hour each day. This converts to (1440 minutes x 60 ... [more]