Money vs. happiness

It’s been said many times that you can’t buy happiness with money.  The Washington Post runs the article about the research that begs to differ:

Not only did the extra income appear to lower the instance of behavioral and emotional disorders among the children, but, perhaps even more important, it also boosted two key personality traits that tend to go hand in hand with long-term positive life outcomes.

The first is conscientiousness. People who lack it tend to lie, break rules and have trouble paying attention. The second is agreeableness, which leads to a comfort around people and aptness for teamwork. And both are strongly correlated with various forms of later life success and happiness.

Bitcoin is a money platform with many APIs

Bitcoin is a money platform with many APIs

Bitcoin is much more than just a digital currency. It is a protocol, a network, a currency and a transaction language. Most of all, though, it is an application programming interface (API) for money. Nowadays, bathroom scales and fridges have APIs, so why not money?

Traditional money does have APIs, but they are closed. You can program the merchant API of the VISA network if you are a trusted merchant. You can send and receive FIX messages if you are a stockbroker or exchange. Regular people, however, don’t even have APIs into their bank accounts, let alone the broader economy. Bitcoin changes all that by not only offering an API for accounts (wallets) and transactions, but also making that API available to everyone.

Gittip – inspiring generosity

Gittip – inspiring generosity

WHAT IS GITTIP?

Gittip is a way to give small weekly cash gifts to people you love and are inspired by.

Gifts are weekly. The intention is for people to depend on money received through Gittip in order to pay their bills, and bills are recurring.

Gifts come with no strings attached. You don’t know exactly where your gifts come from, and the maximum gift from one person to another is $24.

Gifts are public. The total amount you give and the total amount you receive is public. Participants on both sides of the equation are rewarded publicly for their participation. (You can opt out of publicly displaying your total giving.)