Billy Domineau at Matter: If you have a minimum wage job ($7.25/hour), you need to work 55 hours to buy an iPhone 6 Plus (64 GB), and 149 hours for a year of Verizon service; 74 minutes gets you a Sara Lee Frozen Apple Pie. Read the rest
Someone sent Brian Krebs an envelope of counterfeit $100 and $50 bills, apparently manufactured by Mrmouse, the counterfeiter whom Krebs outed for selling his notes openly on Reddit. Read the rest
The Finnish national broadcaster has partnered with Kryptoradio to broadcast the Bitcoin blockchain over the digital television network making it accessible over a non-Internet channel to 95% of the Finnish population. Read the rest
Two dozen people, from a JP Morgan banker to a sex-worker, offer their opinions on how to best invest one single dollar. Read the rest
The cable lobby group NCTA claims the industry has been investing record amounts in network upgrades, which will dry up if they are forced to endure Net Neutrality. Techdirt points out that Big Cable's numbers are cumulative, and re-runs them year on year. Turns out investment has been flat since about 2000. Read the rest
Remember Anton Purisma's lawsuit for 2 undecillion dollars? Randall "XKCD" Munroe has devoted this week's What If? to calculating exactly what $2,000,000,000, 000,000,000,000,000, 000,000,000,000 looks like. He points out that this is a sum larger than the present value of every manufactured good in the world, as well as all the potassium and calcium in the Earth -- more, even than the present value of a planet-sized lump of solid gold. Read the rest
Alex sez, "Spacegambit is a hackerspace space program that funds cool space projects around the world. We're now working with NASA on the Asteroid Grand Challenge, with the aim of getting more makers involved in detecting asteroid threats to human populations and figuring out what to do about them. We're running our open call at the moment (closing on 20 May) and looking to fund open-source projects linked with hackerspaces/makerspaces/fablabs/etc." Read the rest
Our good pal Brandon "Offworld" Boyer has cancer. Lucky for Brandon, he signed up for medical insurance with Humana not long before he was diagnosed. Unlucky for him, Humana has decided unilaterally not to cover his cancer treatments and has stuck him with with a $100,000 bill. He's raising money from the Internet to help pay for his life-saving treatments. I'm in for $100. If you're thinking of getting insured, be warned: Humana will screw you and screw you and screw you. Read the rest
Senator Joe Manchin delivered a grandstanding, technologically clueless, facepalm-inducing request to the Treasury Department to ban Bitcoin. In response, Rep Jared Polis (who proudly wears Boing Boing tee-shirts in his spare time, and rocks some snazzy duds on the floor of Congress) wrote a mock-serious request for dollar bills to be removed from circulation, pointing out that practically every objection that Manchin raised over Bitcoin applies equally well to paper money. Read the rest
The South Carolina House of Representatives has withdrawn $52,000 from the College of Charleston for including Alison Bechdel's brilliant, celebrated memoir Fun Home in its summer reading program. Bechdel, creator of the Dykes to Watch Out For strip, published the memoir in 2006. In graphic novel form, it tells Bechdel's story of growing up closeted in a family riven by a father who can't admit that he is gay and an embittered mother who doesn't allow herself to notice her husband's affairs.
Representative Garry Smith said that the book "didn't merit scholarly consideration" because it "graphically shows lesbian acts." He led the campaign to withdraw the funds. $52,000 is the cost of the entire summer reading program.
Bechdel expressed gratitude to the college for assigning her book, and added, "It's sad and absurd that the College of Charleston is facing a funding cut for teaching my book – a book which is after all about the toll that this sort of small-mindedness takes on people's lives."
To its credit, the college is refusing to allow its reading choices to be affected. College president P. George Benson said, "Any legislative attempt to tie institutional funding to what books are taught, or who teaches them, threatens the credibility and reputation of all South Carolina public universities."
The College of Charleston isn't the only institution whose funding has been cut for assigning readings that don't meet with Rep Smith's approval; another $18,000 was confiscated from the University of South Carolina Upstate's budget for including a book with LGBT themes in its curriculum. Read the rest
The "squared" in Pi(R)^2 means that the area of a pizza grows exponentially polynomially in relation to its diameter. As an interactive graph on Planet Money demonstrates, pizza places generally underprice their bigger pies relative to the amount of food contained in each. This is probably because energy and labor inputs account for the largest slice of the pizza-baking ahem pie, and ingredients are way down on the balance-sheet. Whatever the reason, if you're interested in getting more food for less money, larger pies are almost always a substantially better deal.
74,476 Reasons You Should Always Get The Bigger Pizza [Quoctrung Bui/Planet Money]
If you've ever dreamed of owning a bank-vault mounded high with shiny coins in which you can bathe like Scrooge McDuck, now is your chance. A Swiss bank-vault filled with 8 million Swiss 5-cent pieces is up for auction. The vault was made in 1913 for the Schweizer Volksbank. The coins -- 15 tons' worth -- were used in a 2013 installation in which they were dumped in a public square, with no security, as an exercise in public trust. The coins and the safe are presently in Basel. You will have to relocate them. Read the rest
An anonymous anti-censorship group is stamping Chinese banknotes with a QR code and the message "Scan and download software to break the Internet firewall." The stamps encode a URL for Freegate, a firewall-busting service. The stamps are widely suspected to be the work of Falun Gong, an outlawed religious sect that has a long history of supplying anti-censorship technology inside of mainland China, both to supply access to its own censored websites and to advertise the virtues of its belief-system to Chinese Internet users who are more interested in beating censorship than religion.
The money-stamping story has been big news in China, even attracting reportage in state-run media, where the comment-sections are full of Chinese Internet users complaining that the photos of the stamped money are too low-rez to be scanned in.
This isn't the first time that anti-corruption messages have been circulated through defaced currency: Ben Cohen of Ben & Jerry's fame runs the Stamp Stampede, which stamps messages condemning the Citizens United Supreme Court ruling, which opened the floodgates of unlimited, anonymous political campaign spending. Read the rest
I've posted before about Ben "Ben and Jerry's" Cohen's Stamp Stampede project: Cohen is calling on enemies of corruption to stamp messages opposing the Citizens United Supreme Court decision on dollar bills. Citizens United allows for unlimited political spending, on the grounds that money is speech and corporations are people.
Cohen's running a competition to produce the best Stamp Stampede promotional photo: grand prize is a year's supply (52 pints) of Ben and Jerry's ice-cream.
Hobo Nickels, a subject we've been doting on for 12 years now, had a bumper year in 2013, as is evidenced by this gallery of Mr The's nickel-carvings (not all the coins are nickels, but the term is generic regardless of the coin) from the past year. Mr The specializes in big head/mini man carvings that add a tiny torso, arms and legs to the nickel's traditional head (it especially rocks with monster heads). Read the rest