I have just returned from holidays in Jervis Bay, a stunning region set in a marine national park a few hours drive south of Sydney. It is one of those places scattered around the world that feels magical in some inexpressible way.
Image credit: Hadi Zaher
It was just a one week holiday, my first proper break in the last year, which has been perhaps the most intense year in my life. Victoria and I did take a little time off between this last Christmas and New Year but I ended having to do a some urgent client work and many interviews including Sunrise, Today, and Morning Show over New Year so it wasn’t a real holiday.
During the holiday I was almost completely switched off from digital world, with limited connectivity where we were staying helping me avoid more than very briefly glancing at email or Twitter every day or so, though I did need to respond to a couple of enquiries.
Continue reading On the importance of energizing holidays for entrepreneurs
Bitcoin surpassing a valuation of $1,000 yesterday is a real landmark, giving the currency a market capitalization of almost $12 billion and 75-fold growth in value this year.
However Bitcoin is not the only digital currency, simply the most prominent. As Bitcoin’s value has soared, partly driven by a positive response from Senate committees last week, participants have looked further afield to see whether there may be other alternatives that have not risen by so much already.
The second most prominent currency is Litecoin, with a market capitalization of over $1 billion. After that Peercoin and Namecoin currently have capitalizations of close to $80 million, followed by a number of others from $20 million and down in a long tail, with the 23rd ranked currency, Goldcoin, still valued at over $1 million.
Litecoin is over 10 times its value from just 10 days ago, with Peercoin growing 4-fold and Namecoin 12-fold in value over the same period.
The following chart is a snapshot from Coinmarketcap, which provides real-time information on digital currencies. The table shows the largest currencies by market cap, with the chart on the right hand side showing growth over the last 90 days.
The speed at which we can access the internet is important. Very important.
I’ve written before on the evidence that internet bandwidth is a key driver of economic growth and online participation, and there is plenty of other research to point to its role in social value creation.
A decent source of data on internet speeds across countries is Speedtest.net, which aggregates the data from all the tests it does for its users. In quite a few countries it does not have extensive usage, however with a few exceptions the data usually appears to be fairly representative.
It has just provided a new update of Internet bandwidth country comparison data on its NetIndex site, including a chart of speeds over the last 2 1/2 years.
A selection of the data is shown below.