Behind the scenes of a traditional bathhouse in Brooklyn, something extraordinary is taking place: The pools, heated to 104 degrees, are not warmed by conventional means but by computers mining for bitcoin. A profit-seeking drive…
Read More
This is the audio version of The Reason Livestream, which takes place every Thursday at 1 p.m. Eastern. “At its core, money is a ledger,” writes investment analyst Lyn Alden in her new book Broken Money: Why…
A showdown is brewing between the Republican-led House of Representatives and the Biden administration over how to pay for a military aid package to Israel. On Thursday night, the House passed a $14.3 billion package that…
“At its core, money is a ledger,” writes investment analyst Lyn Alden in her new book Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better. And if money is…
From Monday’s opinion by Judge T. Kent Wetherell, II (N.D. Fla.) in Coin Center v. Yellen (for a similar decision, see this August post about Van Loon v. Dep’t of Treasury): Plaintiffs argue that [the…
Rising death toll: Overnight, the number of deaths in Israel and Gaza rose to roughly 2,200, following Hamas’ surprise attack on southern Israel this past weekend that resulted in the massacre of civilians. In addition, more than…