Keith Rabois is apparently teaming up with Stripe too. What a day for them!

https://twitter.com/rabois/status/426157931239714816

Is he joining the Board of Directors (via Khosla Ventures' investment this round)? Or in some other capacity?

No, he isn't joining the board.

Huh. Can you comment on what he's doing then?

NSA-proof? The willingness to say this makes it suspect. shrug

Who is to say NSA are not "Satoshi Nakamoto" after all the code is of very high quality that was likely done by a team not a single person.

It doesn't really matter if Nakamoto really is the NSA (maybe "Satoshi" is the middle name and his first name is even Aaron, making the initials NSA, did anyone ever think of that?!), the protocol is open and any weaknesses or backdoors would eventually be discovered.

Just buzzword used for cashgrab.

The email refers to a hole having to do with bitly. Anyone have more info?

It might be because the CEO is basically the same age as his users.

"It has become appallingly obvious that our technology has exceeded our humanity." – Albert Einstein

I wish they'd use the leaked database to get my phone number and then have pugs call me.

Acquifire

I never exercise, but I play drums for a couple hours multiple times a week and I walk everywhere.

I don't call it exercise because it's all a lot of fun

This is an easy one to understand.

Krugman was a proponent of mass inflation, aka. helicopters of money, as a solution to the credit crisis. Bitcoin makes it basically impossible to manipulate the money supply the way the Fed has done to navigate the 2008 crisis.

Krugman sees Bitcoin as a threat to the central banks ability to stabilize the economy.

Also see: the euro crisis.

It isn't a "threat" so much as just foolish.

Technological Revolutions and Financial Capital, by Carlota Perez