The Risks of Investing in Digital Currency

Bitcoin has been in the news a lot recently. Today, you can buy a bitcoin for just 16,000 USD. Tomorrow, however, there is no telling how much they could be worth. The price fluctuation of the bitcoin makes it a risky investment.

With risk comes great reward though. According to Coindesk, there was a point in 2011 that you could have bought a bitcoin for 3 dollars. Just last year you could have bought one for 800 dollars. If I spent nine dollars on bitcoin at that time in 2011, I would have almost $50k worth of bitcoin right now. With such a high reward, many people are more than willing to take the risk and invest in bitcoin.

The CEO of Coinbase urges people to invest wisely when it comes to bitcoin. The huge-and very random- fluctuation of the market value means that at any moment an investor can lose all of his or her money.

http://money.cnn.com/2017/12/09/investing/bitcoin-coinbase-warning/index.html

A Solution to Notorious LA Traffic?

It’s an image we are all familiar with- a four lane highway completely jammed with cars struggling through rush hour in LA. Los Angeles, a city known to have poor public transportation systems seems to be in luck. Elon Musk, the wealthy and ambitious founder of Tesla and The Boring Company has been considering the idea of a unique system of underground tunnels to solve the traffic problem plaguing LA for quite some time. The first steps are being taken finally to make his dream a reality.

The tunnels will run from one point directly to your destination, rather than taking stops along the way like a subway. Apparently the “carts” will travel upwards of 100 miles per hour, which will shorten commutes drastically.

There are many critics who think that his idea will not work. This is mostly because of the tremendous cost of excavating such a huge area. However, Musk has made it his goal to develop a cheaper and more efficient method of tunneling. The company has already been cleared by the government to tunnel along a 10 mile stretch according to CNN’s Matt Mcfarland. It should be interesting to watch how this process goes and to see if a 60 mile tunnel system under LA is actually viable with Musk’s mining technology.

If these tunnels were to be built, it would totally change LA commuting and the city in general would be more productive. Many experts have stated that The Boring Company really has its work cut out for it-some even calling the task Herculean. Only time will tell at this point if the solution that Musk proposes will work.

http://money.cnn.com/2017/12/06/technology/elon-musk-underground-loop/index.html

How the Internet of Things is Taking over your Kitchen

From smart refrigerators ordering by drone the ingredients of your morning breakfast, to 3D printers building your dinner from fresh ingredients right before your eyes, in the next 10-15 years you should expect to see the internet of things begin to take over in kitchens all across the world.

“Whirlpool (WHR) has already teased a concept for the smart kitchen. It includes touchscreens that populate recipes from Pinterest, a refrigerator that reminds you when you’re low on milk and the ability to heat up a meal, such as a bowl of soup, by placing it anywhere on the counter, thanks to detection sensors.”

Kaya Yurieff with CNN reports that not only is Whirlpool soon to be pursuing a smart kitchen, but so are many other companies such as Samsung who already has a smart refrigerator with a touchscreen display and cameras that you can access from the grocery store or anywhere with internet access for that matter.

Amazon is also working to introduce the internet of things to your home. Yurieff reported that the company has filed a patent for a refrigerator that can notify you when your food has spoiled. Zoe Leavitt, an analyst at CB Insights imagines a kitchen delivery system where Amazon drones at the command of your refrigerator deliver food directly to it via a trap door of sorts.

The internet of things is growing every day. This technology can be very useful for people who don’t have the motivation or time to go shopping.The internet of things will be making it to a kitchen near you in the next 10-15 years after companies get all of the tech to work together. Who can complain if the technology helps you to avoid a situation where you realize that you’re out of milk right after you pour that bowl of cereal?

http://money.cnn.com/2017/11/30/technology/future-of-the-kitchen/index.html