Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday, shaking investor confidence in the digital currency that is struggling for legitimacy. A form of electronic money independent of traditional banking, bitcoins started circulating in 2009 and have become the most prominent of several fledgling digital currencies. The virtual currency relies on a network of computers that solve complex mathematical problems as part of a process that verifies and permanently records the details of every bitcoin transaction that is made. Unlike traditional currencies, where a central bank decides how much money to print based on goals like controlling inflation, no central authority governs the supply of bitcoins. Like other commodities and currencies, its value depends on people's confidence in it. How volatile is it? The dollar price of bitcoins quoted on online exchange Bitstamp spiked from around $30 a year ago to more than $1,100 in December as … [Read more...] about What is bitcoin and how does it work?
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The UN Security Council has been here before... several times: debating how to punish North Korea for -- as Pyongyang would have it -- reacting to the last time it got punished. North Korea flagged its February 12 nuclear test three weeks in advance in an official statement released by the National Defence Commission, the country's top military body. But the countdown really began two months ago when the North launched a long-range rocket and set in motion a now-familiar chain of events that was always going to end in an underground chamber at the Punggye-ri nuclear test site. The international community condemned the launch and the UN imposed sanctions, which North Korea then used as justification for conducting an atomic test. An almost identical pattern was followed for the North's two previous nuclear tests in 2006 and 2009. The UN Security Council is certain to impose fresh or tightened sanctions on Pyongyang after the latest test, but most experts agree that … [Read more...] about How do you solve a problem like North Korea?
VietNamNet Bridge – Culturist Tran Ngoc Them, said that the master of the sea must be the people. The army is just a part of them. If the army is capable to keep the sea but the people are incapable to explore the sea, Vietnam cannot master it. VN condemns Chinese intrusion The national seminar on the culture of sea and islands was held recently during the Nha Trang Sea and Islands Festival 2011 in Nha Trang City, Khanh Hoa province. Prof. Dr. Tran Ngoc Them from the HCM City-based National University talked with VietNamNet on the sideline of seminar about the marine culture and a strategy to develop it.Vietnam used to have a marine culture Prof. Dr. Tran Ngoc Them said: A nation is considered to have marine culture when marine culture is an indispensable element of that nation’s traditional culture, with the four following conditions:1) the based-on-the-sea living area is large enough to be known and recognized by the community, 2) the number of inhabitants in the sea … [Read more...] about How to develop Vietnam’s marine culture?
Mr Nguyen Tran Linh, Sales Manager with the UDIC Investment and Real Estate Management Joint Stock Company, tells about package office service - M-office, a new office leasing service suitable for small- and medium-sized enterprises. How do you receive feedback on M-office from customers? … [Read more...] about Work space
Students come late to class, sleep during the lessons, play games and chat with each other were the things seen by some people at universities in Hanoi. Tien phong's reporter entered a class at a campus of the Dong Do people founded University on Nguyen Trai Road in Hanoi with jeans, white shirt and backpack. When the reporter turned up, the lesson had last for half an hour already. However, there were only 20 students in the class. The teacher was talking about theatre architecture, while students were busy playing games. Sometimes, new students appeared and entered the class without asking for the permission of the teacher. It seemed that a "flexible" working hour mechanism was applied at the school, because tens more students appeared after 30 minutes. Some of them quietly found their seats, sat for a while, listened for music, chatted with friends, smoked cigarettes and left. While students took time to fulfill so many works, the lecturer was still busy talking about … [Read more...] about The stories recorded at the lecture halls which people have found at universities