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Why Apple is Afraid of Bitcoin

– June 18, 2012

When you finally grasp the magnitude of Apple’s play in the payments business, it becomes clear that potential competitors will be shunned from the platform.

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Digging Up and Digging Down Gold

– March 30, 2012

The Gold Standard is the worst standard, except for all the others. In a recent post at Nada es Gratis (Nothing is Free), Jesús Fernández-Villaverde discusses a visit to the vault where gold is stored at the New York Fed. The post and subsequent commen …

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