Tag: Investment & Company Information
Hitting the Books: How Bitcoin is somehow worth more than the paper it’s printed on
Bitcoin and similar blockchain-based cryptos exhibit the same radical divergence from traditional scarcity economics that we first saw when MP3s and Napster cratered physical album sales at the turn of the century. Unlike gold, which derives its value from both its myriad uses in fashion and industry as well as…
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Musical instrument company Roli files for administration, will relaunch as Luminary
Roli, the modular musical instrument business backed by Pharrell Williams and Grimes, has entered administration in the UK, the company has confirmed. It will now relaunch as Luminary, with an emphasis on beginning rather than professional musicians, the company said. Luminary will be led by Roli founder and CEO Roland…
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