Yup, Bitcoin is a completely rational currency

This chart of Bitcoin is a classic example of a bubble that has popped. It’s over. It’s not ever going back to near 20,000. Instead, sooner or later, Bitcoin price will approach zero. Yes, it will. Not only was the…

WordPress.com has many new features now

I just revived my photo blog, bobmorris.wordpress.com on WordPress. com and am impressed by their multiple other options now. The basics are still free, and include free hosting. There are also three pay versions, two of which include hundreds of…

Wynn rebranding. Management under ferocious attack

A cautionary tale, perhaps. Just a few months ago no one could have conceived Steve Wynn would be forced to resign and sell his stock, so the company could hold onto its gaming licenses. His ex-wife Elaine and Wynn General…

Biggest expulsion of Russians ever

Today marks the biggest mass expulsion of Russian diplomats and intelligence agents ever. The US expelled 60 and closed the Seattle Embassy. Twitter buzz says there was a good reason for closing Seattle, that it was long overdue, but no…

Facebook left the door open to Cambridge Analytica (and others)

Now departed Facebook Chief Security Officer Alex Stamos recently defended Facebook on Twitter saying Cambridge Analytica obtaining data on millions of Facebook users wasn’t a “breach.” Well, maybe technically no, it wasn’t. This is because Facebook 1) carefully wrote their…

Venezuela is in dire condition

Forget for a moment how the ongoing economic collapse in Venezuela was triggered. Instead, realize that millions there live in increasing desperate economic conditions. The country has two big problems – the price of oil and a drought  – and…