Category Archive: lifestyle

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Major Italian newspaper il Giornale accepting Bitcoin for digital subscriptions

(NEWSBTC) A major Italian newspaper outlet is apparently now accepting bitcoin
for digital subscriptions, we’re learning from a reader email this
morning. The bitcoin logo is boldly visible on il Giornale‘s digital subscriptions page [link], where nearby it says, “The Journal is the first newspaper in Italy and in Europe who accepts payments in Bitcoin.”
The outlet is one of the top 20 daily papers in Italy, with a last reported circulation number of 678,000 readers in 2012.
il Giornale‘s digital subscriptions allow readers to view
all news categories and articles in PDF files optimized for Android
smartphones, iPads, and other tablet devices.
The cost? 0.42 cents per day with an annual subscription.
ilgironale bitcoin subscription
Despite the fact that il Giornale may be the first major newspaper in Italy and Europe to accept bitcoin, they aren’t the first in the world.
Here in the United States, the Chicago Sun-Times announced they would be accepting bitcoin payments for subscriptions at the start of April of this year in a move designed “to keep the Sun-Times current and evolving with changing technology.”
Despite the news, many in the community weren’t exactly surprised,
given the paper’s previous interest in the digital currency. In early
February, the paper put up a bitcoin paywall as a test of how users
would interact with using bitcoin (users had the option of donating to a
non-profit). The results were overwhelmingly positive, with 713 donors.

While we haven’t exactly seen widespread adoption of bitcoin for
digital news subscriptions, it’s nice to see it getting a start in Italy.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

Family to travel across the US, apending only Bitcoin

(CoinDesk) John Bush and Catherine Bleish began a road trip across the US with
their family of four this week, during which they will only spend
bitcoin.
Beginning in San Marcos, Texas, they drove into
Washington on Friday, the first stop on the “Uncoinventional Living
Tour”, for the Bitcoin in the Beltway conference.
The self-dubbed Blush family will drive for four weeks and 4,400 miles, also stopping in Lancaster, New Hampshire for the 11th
annual Porcupine Freedom Festival and then to Kansas City, Missouri –
Bleish’s hometown – over the Independence Day holiday before returning
back to Texas.
They will shoot five episodes of their reality show “Sovereign Living” during their journey.

Fighting a different way

Bush
and Bleish are both grassroots activists that spent years fighting the
political system in the US. Each helped start local political action
committes that focused on constitutional activism, civil liberties and
anti-police state causes in their hometowns of Austin, Texas and Kansas
City, respectively.
Deciding to build a family brought them to the
realisation that they needed to change their lifestyle choices – opting
instead to look for ways of being self-sufficient and building
communities separate from government influence. Bush told CoinDesk:
“We
started to think that if we really want to change the world to create a
more free society, the first thing we can do is to change the way we
live and start to live more free ourselves, and stop participating in
centralised or coercive institutions … Both of us began to realise that a
lot of work we were doing wasn’t making us more free. In fact, it was
just exhausting us and spending all our energy and our money and our
time.”

The Blush family farm

In aiming to get
off the grid, the family moved just outside of Austin, to start a farm
on which it produces its own food, provides its own source of water and
harvests its own alternative energy.
For the vision of their
lifestyle to be realised, they’ve set goals: to produce 50% of their own
food, store 50% of their own water, and reduce their dependency on the
central energy grid by 50%.
“That’s what the show’s all about,”
said Bush. “Trying to document and educate people about the values of
living a voluntary, natural life.”
Their show intends to document
their lives as they learn each day from their lifestyle, their
communities and themselves, as well as teach others how everyone can be
self-reliant and free from government influence – without fighting.
After they’ve wrapped filming for episodes five and six of “Sovereign
Living” they hope to be able to share it with the world through a media
streaming service like Netflix or Hulu.

Planning ahead

Bleish
mentioned that this is the first time in their bitcoin experience where
they’ve had enough tools and resources to live on bitcoin alone, citing
platforms such as Gyft and eGifter, as well as the recent news by Expedia. Nevertheless, she emphasised the amount of effort it takes to plan a bitcoin-only itinerary:
“It’s
hard, it’s taken a lot of pre-planning. I had to look at every single
stop along the way and see what gas stations they had to make sure that
we were buying the appropriate amount of gift cards for each gas
station.”
For example, she explained that driving to
the northeast of the country, she found Exonn gas stations at each stop,
but that on the drive back home there weren’t any – but there were BP
stations.
Despite the need to “really be on top of things” she
added: “I want the world to know that it is possible to travel the
country using bitcoin only. And it’s not only possible but you can do it
comfortably and take care of a family of four along the way.”
For the full itinerary and updates on the Blush family’s trip you can read their blog.
Image via “Coinboard

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

How a 15-Year-old’s $1,000 Bitcoin investment led to startup success

finman, entreprenuer
Erik Finman
(CoinDesk) A well-timed investment of $1,000 in bitcoin has earned a 15-year-old
Idaho entrepreneur more than $100,000 and allowed him to found his own
education startup.
Erik Finman took $1,000 he received as a gift
from his grandmother and invested it in bitcoin back in 2012, according
to a report by Mashable. After holding his BTC for one year, Finman sold his bitcoins for $100,000.
Finman ultimately decided to reinvest his earnings into Botangle.com,
an online video tutoring service that “allows students and tutors
access to a diverse array of resources that just do not exist in a
normal classroom setting”, according to its official website.
Notably, Finman pays his employees in bitcoin. He told Mashable that he enjoys “sharing the wealth of bitcoin”, saying:

“I have no doubt it will be huger [sic] than anyone can imagine right now. Bitcoin is like the Internet in the ’90s.”

Early bitcoin supporter

During a question-and-answer session that he took part in last month on the Entrepreneur subreddit, Finman explained how he first came to learn about bitcoin, writing:

“I
owe a lot to my older brother. He told me about bitcoins and help[ed]
me get set up with 0.2 bitcoins that he gave me. And my grandmother just
out of the blue gave me a $1,000 check for Easter.”

He
continued by saying that he accrued more bitcoins “so I can trump my
brother in how many bitcoins he had”, adding that he first learned about
bitcoin in 2010.
Luckily for Finman, he sold his stash of bitcoins when the price hovered around $1,200 per bitcoin.
Though
entrepreneurs may not be able to replicate Finman’s success, they can
learn from those who have entered the industry through more conventional
in-roads. For more on how today’s bitcoin startups are making gains
despite the tribulations of an emerging market, read our most recent report.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

‘Cryptocurrency’ officially added to Oxford dictionary online

 (CoinDesk) Oxford Dictionaries Online (ODO) has officially added the word
‘cryptocurrency’ to its database. The decision was made as part of a
quarterly update this May that also included the words ‘bikeable’,
‘snacky’ and ‘time suck’.
The announcement follows the August 2013 update that saw ‘bitcoin’ added to the respected resource. At the time, the ODO told CoinDesk that bitcoin was added due to its significant presence online and in the mainstream media.
The ODO’s addition of ‘cryptocurrency’ indicates that the organisation views it as a recent term that has emerged to become “significant or important“, and that it believes the word could become more widely used.
The ODO defines cryptocurrency as:

“A
digital currency in which encryption techniques are used to regulate
the generation of units of currency and verify the transfer of funds,
operating independently of a central bank.”

Usage examples

The
ODO further provided example sentences that, in part, aim to sum up the
values of those who are interested in the industry and community.
The first sample sentence reads:

“Decentralized
cryptocurrencies such as bitcoin now provide an outlet for personal
wealth that is beyond restriction and confiscation.”

Additional
sentences describe how cryptocurrencies are valued based on supply and
demand, and highlight that the total value of the market is more than
$8bn.

Contemporary language

While notable to the bitcoin community, the ODO is notably the organisation’s online-only resource on contemporary English that includes modern meanings of many traditional words.
As
noted by Angus Stevenson, Head of Dictionary Projects at Oxford
University Press in a 2013 interview with CoinDesk, inclusion in the ODO
“doesn’t make any judgement on whether [the word] is good, bad,
worthwhile or anything else”.
By comparison, the Oxford English
Dictionary is more of a historical cannon that includes words and
definitions that have stood the test of time.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi