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    Daily Digest 2/2 – Realtor Accepts Bitcoin for Property, Western U.S. Fears Worst In Drought

    by DailyDigest

    Sunday, February 2, 2014, 4:36 PM


Canadian Realtor Accepts Bitcoin Deposits for Residential Properties (Pascal L.)

The firm is bucking what seems to be a growing trend among merchants such as Overstock.com to immediately convert bitcoin back to fiat currency. Its costs are in Canadian dollars, so the firm will need to convert most of the coins to dollars in order to cover them, said Delves. “However, we do believe in the future of bitcoin and plan to hold some as an investment.”

Quantum will price its deposits based on the Canadian dollar equivalent at the time. Delves said.

N.C. startup develops a way to turn sand into bricks with bacteria instead of heat (Arthur Robey)

The old way of making bricks uses fire (combustion of wood, coal or other fuel), which gives off carbon dioxide, one of the main gases that contribute to climate change. More than 1 trillion bricks are produced in the world yearly, emitting an estimated 800 million tons of carbon dioxide, according to Dosier.

Dr. Craig Roberts Interview (pinecarr)

Dr. Paul Craig Roberts is an American economist, a columnist and recent author of “The Failure Of Laissez Faire Capitalism”. He served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics. He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. Dr. Roberts has testified before congressional committees on 30 occasions on issues of economic policy. He has also written extensively that during the 21st century the Bush and Obama administrations have destroyed the US Constitution’s protections of Americans’ civil liberties and has been a critic of both Democratic and Republican administrations.

Spurred by Global Crises, Germany Weighs a More Muscular Foreign Policy (jdargis)

President Joachim Gauck sent the strongest signal yet of a possible change in direction with a speech late Friday at the Munich Security Conference, an annual gathering that attracts an array of world leaders and defense experts and has historically been a forum for sharp policy debates.

Severe Drought Has U.S. West Fearing Worst (jdargis)

State officials said they were moving to put emergency plans in place. In the worst case, they said drinking water would have to be brought by truck into parched communities and additional wells would have to be drilled to draw on groundwater. The deteriorating situation would likely mean imposing mandatory water conservation measures on homeowners and businesses, who have already been asked to voluntarily reduce their water use by 20 percent.

Gold & Silver

Click to read the PM Daily Market Commentary: 1/31/14

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