ALEC LIU

The Wall Street Issue

What Led Whistle-Blower Haim Bodek to Expose the Biggest Scam on Wall Street?

The Goldman Sachs alum, was once what Wall Street calls a "big swinging dick." But two years after going to authorities with what he claims to be one of the largest heists in Wall Street history, he was practically blackballed.
ALEC LIU
12.19.14
tech

The Feds Just Seized Funds from the Largest Bitcoin Exchange

The US government has shutdown a key source of dollar funding for MtGox, the largest bitcoin exchange. We can only assume that the US believes some sort of crime is being committed.
ALEC LIU
5.15.13
tech

This Is How Bitcoin Could Die

While the bitcoin platform is theoretically sound—the decentralized blockchain makes it nearly impossible to counterfeit—vulnerabilities do exist at a few key junctures. Continuing Motherboard's bitcoin guide, here's some crucial ways the whole thing...
ALEC LIU
4.1.13
tech

Engineering the Bitcoin Gold Rush: A Chat With Yifo Guo

Guo's company, Avalon, shipped the ASIC-based bitcoin miners, custom-built rigs with specially-designed chips for efficiently printing the market’s hottest commodity. We recently caught with him on all things bitcoin, mining, and the future.
ALEC LIU
3.26.13
tech

Why Bitcoins Are Just Like Gold

A lot of people have difficulty wrapping their heads around what Bitcoin is or why it even has value, especially as the virtual cryptocurrency continues to scale record heights. How isn't this a Ponzi scheme? A good way to look at it is to compare...
ALEC LIU
3.21.13
tech

China's Self-Sustaining Man Is Cyberpunk in Real Life

He runs a custom electronics-manufacturing outfit from his living room, grows organic vegetables in his garden, and even raises chickens and pigeons on his roof. It’s the kind of self-sufficiency that would make an eco-freak blush and the...
ALEC LIU
2.7.13
tech

Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great (or Destroy It)

Until now, one of the main flaws of Bitcoin, the encrypted digital currency, is that it still relies on centralized exchanges.
ALEC LIU
1.23.13
tech

Far From the Tree

How Apple began to rot.
ALEC LIU
11.8.12
tech

How Elon Musk WIll Usher in the Era of Electric Cars

His friends describe his as not just Steve Jobs but also John D. Rockefeller and Howard Hughes all wrapped in one. His friend Jon Favreau used Musk as the real-life inspiration for the big screen version of Tony Stark. Elon Musk is a badass.
ALEC LIU
11.7.12
tech

Killer App

If Diaspora has shown us anything, it’s that people can care enough to have a say about privacy, when the time is right.
ALEC LIU
10.2.12
tech

The Birds

Twitter was once just short messages. Now it's complicated.
ALEC LIU
8.24.12
tech

Dislike

Everyone's quitting Facebook.
ALEC LIU
8.21.12
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