A microcredit co-op bank has sprung up in Northern California, using money pooled from hardware hackers to fund other open source hardware hacking projects. They've found 70 lenders,
Two open source hardware enthusiasts, Justin Huynh and Matt Stack, have started the Open Source Hardware Bank to fund hardware projects such as the microcontroller board pictured above.
The fledgling bank is funding only open source hardware projects using capital raised from other hardware geeks. It's like a community of Facebook friends borrowing and lending among themselves – a peer-to-peer bank.
"This speaks to the rise of the do-it-yourselfer, someone who is not just a consumer but also a producer, inventor and investor," says Huynh. "But someone also ought to be thinking about the money problem when it comes to open source hardware and we are doing just that."
So, this is a major plot element of my science fiction novel Makers
, coming from Tor next October: microcredit-funded open source hardware hackers laboring in dead malls (the first third of the book was syndicated on Salon as "Themepunks"). It's always a little weird when sf starts to leak into reality.
Open Source Hardware Hackers Start P2P Bank
Liquidware Antipasto: site for Open Source Hardware Bank
Zippo went a bit crazy with its lighter colors, introducing a rainbow of material-science wonders that, alas, I have no more use for, being a 15-year ex-smoker with the muscle-memory of an entire repertoire of obsolete Zippo tricks.
Brew Cutlery raised over $20K on Kickstarter to make these handsome, heavy (150g) utensils with integrated bottle-openers in their handles; the backers who got the early sets are effusive in their praise of the look, materials (18/8 stainless steel) and craftsmanship (each piece is hand-finished). Not cheap, though: $50/set.
Brian Mix shows off his replica Jupiter 2 computer, a remake based on the 1960s TV Lost in Space show — which was also used as the 1966 Bat Computer in the Batman TV show.
To be a Pokémon master, you’ll need a phone that won’t constantly die on you. Because nothing is worse than seeing the screen go black right as you’ve finally found the Charizard of your dreams.That’s why we’re so excited about the LinearFlux PokeCharger Portable Battery ($39.99). With its 3.0 Amp HyperCharging technology, this slim battery will […]
The tech industry is constantly innovating, and in order to stay competitive, you’ll need to keep up. The Programming Into the Future Bundle was created to teach you the skills employers are looking for at this very moment, including in-demand coding languages like Google Go.The bundle of courses includes instruction on a range of innovative tools that advanced coders […]
If you’re running low on MacBook storage, your options are pretty limited. External hard drives mean toting around another piece of bulky equipment, and you probably don’t want a USB stick constantly protruding from your laptop.That’s why the Nifty MiniDrive for MacBooks is such a desirable alternative, and one of our top tech finds this year. You can add […]