Browsing: January 3

A Brief History Bitcoin will be approaching its 11th year in January 2020. When the idea of a “peer-to-peer electronic cash system” was introduced by the mysterious Satoshi Nakamoto on the 3rd of  January 2009, there was much speculation (or debate) as to how much a bitcoin would actually be worth. For more than a full year (a year and 9 days to be exact), there were a lot of back-and-forths. It was then that a Bitcointalk forum user named “dwdollar” expressed the idea of opening the first-ever (and much-needed) bitcoin exchange saying: “I am trying to create a market…

A Brief History On January 3, 2009, the Genesis block, the first of the blockchains, of the crypto-currency known as Bitcoin was first established online by creator, Satoshi Nakamoto, an alias for an unknown person or persons.  The form of “currency” invented by Nakamoto (or whatever) does not entail any tangible coins or paper money and is purely theoretical online tradable currency.  A decentralized payment system, Bitcoin allows financial transactions of many types to be conducted without the oversight or vagaries of governments or a central bank. Digging Deeper A crypto-currency is a system that uses digital data as a…

A Brief History On January 3, 2000, the final new comic strip of the Peanuts (Charlie Brown, et al) series was published in the nation’s newspapers, ending a 50 year run as an iconic funny papers staple.  Less than a month later, the strip’s creator, Charles M. Schulz, died of colon cancer at the age of 77.  We still see “reruns” of Peanuts comic strips, but the days of getting new strips are long gone, as are the days of many other bygone comic strips that were once something for Americans to look forward to in the comics section of…

A Brief History On January 3, 1959, the United States of America added the largest state ever admitted to the Union when Alaska became the 49th state.  Purchased from Imperial Russia in 1867, Alaska is one of history’s greatest land bargains, at only about 2 cents per acre! Digging Deeper Alaska immediately comes to mind when you think of our Northernmost state, but in reality it is also the Easternmost and the Westernmost state as well!  (Baffle your friends with this bit of trivia!)  While Alaska was once the least populous state, the oil industry has changed things and Alaska…

A Brief History On January 3, 1521, Roman Catholic (Augustinian) priest and reformer Martin Luther was ex-communicated from the church by Pope Leo X.   440 years later, on January 3, 1962, Pope John XXIII ex-communicated Cuban dictator Fidel Castro, an avowed communist and therefore an atheist. Digging Deeper The reasons for each of these men to be ex-communicated from the church are obvious, since Luther went against church dogma and policy and ignored numerous warnings to desist in his heretical teachings. Luther made the unforgivable sin of going against church policy of selling indulgences, a money making scheme by which…

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