Planetary Resources Inc., an asteroid-mining venture backed by Google Inc. (GOOG) executives, said it added more billionaire investors and is nearing a partnership agreement with a “top-10” mining company.
Showing posts tagged money
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The Bay Area is considering a long-range plan to become the first place in the nation to tax drivers for every mile they travel, with an average bill of up to $1,300 per year.
The proposal is a long way from becoming reality. But under the scenario, drivers would likely have to install GPS-like trackers on their cars to tally travel in the nine-county Bay Area, from freeways to neighborhood streets, with only low-income people exempted.
http://www.mercurynews.com/peninsula/ci_21095536/bay-area-drivers-could-pay-drive-each-mile
Oh, yes. The combination of extreme government shortfalls and ultra-advanced technology is going to result in some creative taxation. When you’re lucky, you’ll actually be informed of this taxation. When you’re not lucky, the taxation will be sneaked in by some form of trickery.
Bitcoin Pump and Dump
This graph shows bitcoin climbing roughly $1.60 in 12 hours at MtGox bitcoin exchange, this July 16 (going into 17 depending on your timezone.) Then at pretty much exactly 0200 GMT someone raked all that money off the table, crashing the price back down to $8.00.
Meanwhile, bitcointalk.org went offline. I expect the servers there were overwhelmed by a flood of users trying to get information or make comments.
