My Love, My Bitcoin: Part II

posted in: Day In The Life, Luv, Tips 11
Atta girl, Lucy!
Atta girl, Lucy.

I met my friend Mark for lunch today at the Walnut Room. We sat near the windows and looked out at the gorgeous Chicago spring day.

“I bought flowers for my mom online for Mother’s Day,” said Mark. “At the checkout, there was an option to pay with bitcoin.” Mark is extremely skeptical about pretty much everything, so he was grumpy: it’s hard to be wary of Bitcoin when it helps you buy flowers for Mom.

“That’s great!” I said, clapping. “I bought a mattress on Overstock.com with bitcoin. Did you read PaperGirl yesterday? It was all about bit –”

“Yeah, yeah, I read it,” Mark said. “That’s why I brought it up. I have questions. How do you buy them?”

I welcomed the interrogation. It was with some trepidation I dove into all this yesterday; talking to Mark might help me iron out the second half of my bitcoin treatise.

“You can go to Coinbase.com, set up an account, and buy bitcoin,” I said, “Or you can buy bitcoin in person, from a trader. I went on LocalBitcoin.com and found a trader with a great customer rating and met him and bought bitcoin from him. It was easy. It was fun.” Mark knows that that trader was Yuri. So romantic, right?? I know.

“And you use real money to buy them,” Mark said, eyeing me. The waiter came and we both ordered the tortilla soup.

“Yes,” I said. “And they’re not actual coins, you realize. Each bitcoin is a line of code. And you put them –”

“Where do you put them?”

“In a bitcoin wallet, poodle. Just like you put cash or cards in a physical wallet, you put bitcoin in a digital wallet. Each bitcoin has its own serial number. Those numbers live in your phone or your computer. Remember, dollars have serial numbers too — and your credit card is a string of numbers — a lot of how bitcoin works we already use everyday.”

Mark shook his head. “What keeps someone from making up fake numbers? Making a fake bitcoin would be way easier than making a fake dollar bill, right? No paper. And is there a finite number of these things? Who invented it, anyway? And who’s profiting?!” Mark slurped his soup and then — with his mouth extremely full — he managed to say, “You’re never gonna be able to explain all this.”

I told him I’d try. And I’d keep it short, too.

In 2008, a programmer — possibly a group of programmers — known as Satoshi Nakamoto, wrote a brilliant piece of code and put it out on the Internet for free. Even the most dour of bitcoin critics agree: Nakamoto’s digital currency model was (is) genius. This is because his bitcoin model, among its other elegant features, got rid of two huge problems with buying goods and services online: 1) no longer did every single online transaction have to go through a bank or credit card company, with all their fees, security breaches, and data gathering; and b) he solved the problem of double-spending.

The first problem is easy to get your mind around, even if you don’t agree it’s a problem. Now, to that second thing. If you don’t have a bank or credit card company to vouch for you, to say, “Yeah, you really bought that llama — it shows it right here on your statement,” how can you prove you did? Equally bad — just as Mark worried — if someone, like a bank, isn’t monitoring the system, who’s to stop some guy from making all kinds of fake bitcoin and buying zillions of dollars worth of stuff (e.g., llamas) with fake money?

Nakamoto designed bitcoin so that the community of bitcoin users verify the transactions. Instead of a bank making one central ledger of what’s circulating, the bitcoin users do it, verifying all of the transactions — yep, every one of them — at the same time. There are a finite number of bitcoins in existence (21 million) and they all have a unique serial number or code. If someone tries to use a fake bitcoin, the transaction is caught as it tries to get through the system and it’s rejected. So there is regulation: it’s just in the hands of the people using the currency, not A Big Bank, not MasterCard or Visa. (We used to get along without those things, you know.) How all the verifications happen is rather complicated and computer-y and I am willing and able (more or less) to explain it. My fear is that I have asked much of you, gentle reader, and you have been most faithful; perhaps it’s wise to discuss that last bit (!) of the bitcoin system another day.

Two last things, and then let’s finish with the love story:

First, Bitcoin has a PR problem because in the beginning, the anonymity of the currency appealed to people buying nefarious things online. I hardly need to point out that as I type, lots of people are buying nefarious things, online and otherwise, with U.S. dollars, too. But this early sketchiness (and a trading company, Mt. Gox, that was doing bad business) dealt a harsh blow to bitcoin and it’s gonna be recovering from that for awhile. A few shady apples hurt the bunch, but as Bitcoin grows, matures, goes through a modicum of regulation, and problem-solves, these early specks will flick out. (Also: the “crypto” in “cryptocurrency” refers to the encrypted codes within the system, but people see “crypto” and register “cryptic” as in “confusing.” It’s not a perfect word, “cryptocurrency.”)

Lastly: Bitcoin is new. Really new. Anyone reading this is way ahead of most of the general public — and good for you! Curiosity and inquiry = great! More and more merchants are accepting the cryptocurrency for payment (e.g., Amazon, Gyft, Overstock, etc.) but until you can pay your energy bill online with it, bitcoin has a ways to go. It takes a village, but remember: the Internet itself was new not so long ago, and people were skeptical and cynical about it, too. Look where we are now.

One of the reasons I care so much for Yuri is because he wants to build the village. He believes in the ability of bitcoin to make the world a better place, so he works tirelessly for his company, a bitcoin trading firm in NYC. He is a miner. He goes out of his way to patronize businesses that accept bitcoin. He gets involved in the growing, global community and recently gave a lecture at his alma mater about his work. A person with a passion is a beautiful thing to behold. And to, you know, hold.

“I still don’t know,” Mark said, pushing his empty soup bowl away. “But I think it’s cool you tackled the topic. Good job.”

I thanked him, and paid the check. With my credit card.

 

 

My Love, My Bitcoin: Part I

posted in: Day In The Life, Luv, Tips 7
The bitcoin: gold's 21st century twin.
The bitcoin: gold’s 21st century twin.

My man is in bitcoin.

(This post — in two parts — is actually a love letter, but first we need to go over bitcoin.)

I’m pretty sure I know what you’ve heard about bitcoin, if you’ve heard of it at all: it’s sketchy, it’s complicated, it’s like money but it’s not actual money. Skepticism is a virtue, most attractive reader, and you’re right to have questions about any Next Big Thing, but if you’re working with incomplete or incorrect data, skepticism can quickly turn into cynicism, and that’s no fun for anyone, especially you, five years from now, when you smack yourself in the head for waiting on the whole bitcoin thing. I am not a bitcoin expert, but I have been using and trading the currency for well over a year now, and I think I can break it down for you a little bit so that it’s not so confusing or scary. Because bitcoin isn’t either one.

*     *     *

Do you remember a time when we didn’t use credit/debit cards to pay for absolutely everything we buy? I do. I was in high school.

My favorite thing ever was to drive to this record shop in Des Moines to buy bootlegged Tori Amos concert recordings. They were thirty bucks a pop, which was way too much, but I didn’t care. I’d find the CD I wanted most and, if I had thirty bucks cash in my wallet from waiting tables at Pizza Hut, I bought my record. There were no transaction fees. My purchase was not recorded in the Big Data cloud. The guy working the counter couldn’t steal my credit card number when I left. And, very important: if I didn’t have enough money to buy my CD I didn’t get to buy it. In other words, the whole thing was a cash transaction, great for all kinds of reasons.

I’ll say this a few more times, so you’ll have time to let it sink in: Bitcoin is cash on the Internet.

Right now, to buy anything online, from a cool scarf on eBay to a magazine subscription to a small llama, airplane hangar, franchise, etc., you have to use a credit card. (PayPal is linked to your credit card and/or your bank account, so same thing.) Whatever, whenever, and wherever online you buy, because you have to use a card, you’re traceable, data-mineable, and vulnerable to identity theft. You’re paying fees, the merchant is paying fees, and you are more than welcome to go into hideous debt if you wish, since credit cards let you buy all kinds of things (including small llamas) without actually having the money to pay for any of it.

This is not good.

I don’t particularly like ceding so much financial power/intel to MasterCard, Visa, etc. Think about it: do you want MasterCard all up in your business? Is it okay they’re tracking your llamas? Nevermind the agony of stolen card numbers. It happens so often, now. It happened to me this past holiday season, with the huge Target security leak. I had multiple charges in Lithuania on my credit card statement — and I was not in Lithuania at Christmastime. Not cool, Status Quo, and it wouldn’t have happened if I had simply paid for my milk and my chewing gum with cash.

Remember: Bitcoin is cash on the Internet.

My darling Yuri is a visionary. He believes, as many people believe, that Bitcoin is the future of money, not just in this country but in the whole world. Because something must change.

The government bailouts of the banks, the financial industry scandals, the weird economy, the projected $9.1 trillion dollars Mister Obama is setting us up to owe in the next few years — this stuff concerns Yuri and it concerns me, too. The U.S. dollar isn’t pinned to gold anymore, you realize: ours is a fiat currency, a monetary system that derives its value from government regulation or law. Pardon, but the words “value” and “government regulation” give me the willies when they’re in the same sentence. I’m a full-blooded American, what can I say? I’m into apple pie, eagles, and the government leaving me alone. All signs point to disaster with money being run like its being run these days, and as it gets worse, bitcoin will rise.

Bitcoin is a global, Internet-based currency available to everyone. Bitcoin with a capital “B” refers to the overall payment system; bitcoin with a lowercase “b” refers to the monetary unit. Bitcoin is considered “cryptocurrency” because it uses computer encryption to secure transactions. That’s all the technical stuff I’m going to throw at you right now. Tomorrow, we’ll get into how it actually works, okay? Okay. You’re doing great! It’s all really new, I understand, but you’re very smart and you’ll be helping to explain bitcoin to your friends at bridge club before you know it.

And I haven’t forgotten the love story, don’t worry. You see, I met Yuri because I bought bitcoin from him.

*Dangerously close to discussing politics on PaperGirl. Exeunt! Exeunt!

Can You Panhandle It?

NOT COOL, FLORIDA.
In Florida. Photo: Wikipedia

America is big and wide and I’ve seen a fair amount of it.

Before I gigged around as a quilter, I gigged around as a theater performer, and before that, I gigged around as a poet, if you can believe it. I’ve couch surfed in Massachusetts, I’ve lugged a duffel bag through California, I’ve been on stages in Maine and in all the major Texan cities (I think.) When you add in drive-throughs and personal, non-work travel experiences, it appears I’ve gotten on and off airplanes or in and out of cars in all the continental United States except Montana, Delaware, and West Virginnny. Oh, and Rhode Island. Always piping up to be counted, little Rhode Island.

SIDENOTE 1: May I remind readers residing in these last four (attractive, well-governed) states that I am available for booking and can be contacted via the booking form on this website? Wouldn’t it be fun to check these states off the list together? As for the Alaskans and the Hawaiians… Surely there is an over-achiever among you who would like to inaugurate me into the All Fifty States Traveler’s Club. You get me to where you are and you will be richly rewarded, bonus prizes for everyone if we can find a way to book Juno and Honolulu back to back. Think of the PaperGirl posts!

I write to you now from deep in the Florida Panhandle.

For the next couple days I’ll be working here, meeting and greeting and communing with quilters. The location itself is remote to be sure: the Pensacola airport is an hour away from the town where all this is taking place, and I was informed the dirt roads in the area were only recently paved with gravel. The simplicity of the area belies the commerce taking place within it, though; there’s a whole lot of sewin’ going on down here, and I’m looking forward to the action.

SIDENOTE 2: I am compelled to admit that until (very) recently, I never knew that the Florida Panhandle was named for the shape of the region. I knew it was geographical, the term, but I didn’t realize people were being so adorable about it. The stick part of the shape of the state of Florida looks like the handle on a pan! Could you die? No, you’re saying, I don’t want to die in or because of the Florida Panhandle. And you’re also saying, “You didn’t know that? But everyone knows that.” But that’s not true. There’s a lot everyone doesn’t know about the Florida Panhandle and a lot of other things. 

II also hope to see an alligator from far away. I also hope to eat fried chicken. I am 80% confident at least one of these things will happen on this, my current American adventure.

The Pendennis Observer, Observing Pendennis.

posted in: Pendennis 2
The author and the monkey.
The author and the monkey, 2012.

When life springs eternally from a suitcase, I turn to the monkey.

I’m not quite eccentric enough to pack him along with me on the road, but I do have a folder of pictures of him on my computer and sometimes, we flip. 

Travel means nothing to this monkey. I leave Des Moines for Lincoln, Nebraska tomorrow, and Pendennis, he don’t care where we go or that we’re not going home. Or that we’ll be home just two days before going to Florida for four. 

Pendennis pays no taxi fare, cares not for TSA pre-check. Pendennis doesn’t need to take a jacket. Pendennis can’t miss his favorite teacup or wish he packed his softest nightgown.

Pendennis only has that face, that face that remains unchanged by death, taxes, and airport security. Indeed, the stuffed monkey remains unchanged also by happiness; in my most ecstatic moments, Pendennis is Pendennis is Pendennis. 

And he’s so funny.

Everything is going to be fine.

 

When Wine Goes Bad.

posted in: Art, Food, Rant 7
Very nice, as beverages go.
Very nice, as beverages go.

We all have fanboy moments, geek-outs, obsessions. I sure do.

We identify ourselves vis a vis our preferences and interests. This strikes me as normal and healthy. It starts early, when as kids we swear allegiance to either chocolate or vanilla, and it goes on from there: consider Trekkies, (who get picked on more than is probably necessary) or model train collectors (who wish they’d get picked on more.) There are cupcake fanatics and Twilight fans and many millions of quilt geeks out there, with whom I proudly stand. Even choosing not to be a fan of anything is an identity choice; the antifan, the independent — this is a (paradoxically) popular option. It’s human to seek our bliss, whatever it is, and as long as no one is doing harm, I support bliss-finding of all kinds.

But let us linger on that “doing harm” part.

While I was sewing the other night, I watched a documentary about sommeliers. Somm, made in 2012 by director Jason Wise, followed four American males over the course of a year as they studied and then sat for the Master Sommelier exam.

The Master Sommelier exam is “an almost impossible to pass” test administered once a year by the Court of Master Sommeliers. There are three parts to the test, all more torturous than the next: there’s the theory part, where the subject must be able to do something outrageous, like correctly predict the temperature on a typical day in May in some ancient Mediterranean terroir; there’s the blind tasting, where the quaking, shaking young man or woman must suck down multiple mystery wines and accurately answer what they are and where they’ve come from, down to the vintner and the year; and then there’s the service portion of the test, where these pour (sorry) souls must execute pitch-perfect wine service to people who aren’t real customers, but the members of “the Court” who are actively trying to make them fail.

The exam is an exercise in absurdity. Only 135 people in 36 years have passed this course.

The four guys followed in the film were open and honest about how studying for the test had all but ruined their respective relationships — and their girlfriends concurred. The test created tension between the friends, took its toll on their bodies (no sleep, lots of wine, mega-anxiety) and though it wasn’t a major focus of the film, I can only imagine the economic impact of the experience on a Masters-bound somm. Most take off work to study full-time, and to try all these fancy wines one must eventually purchase them, I assume? And the Knights of the Court of the Round Table of Master Sommeliers of Camelot’s Men don’t administer the test for free, naturally: it’s $325 to register, and you have to get to the city where it’s held, find someplace to stay, and you’d better be rocking a killer suit when you show up all shaved, haircutted, two-bitted, etc.

I was more than a little grossed out by all this.

Though it cannot be denied that fine winemaking — “vinification” if you’re nasty — requires skill, craftsmanship, innovation, and a hell of a lot of work, at the end of the day, you’re gonna pee this stuff out. I apologize for being crass, but this is the reality of any beverage. Does good wine taste delicious? Oh, yes. Does it make you want to sing and make art? Totally. If you choose the right bottle on a date, are you going to impress the waiter and up your chances of getting lucky? You just might, Johnny. And these are all good things that you can’t get from ordering a Coke.

I also want to give props to people who know wine. Full disclosure: I dated a sommelier last summer. He has risen through the ranks of the Chicago restaurant scene, he’s extremely skilled in his job and he’s passionate. That’s cool; he’s not the problem.

It was the level of obsession and elitism on display in Somm that made me want to order a Mr. Pibb in pure defiance of a world that creates such monsters. I would’ve ordered a damned Diet Rite if I could’ve, and popped the lid with a flourish reserved for a pricey sauterne. When I watched one of the guys say, in a kind of trance, speaking-in-tongues state over a glass of white, “This wine is bright, this wine is clear, this wine is from the Loire Valley; this wine is medium body, this wine has vanilla notes, this wine…this wine is freshly-cut garden hose,” I stopped stitching at my sewing machine, hollered, “Oh for GOD’S SAKE!” and threw my half-square triangle in the general direction of the screen.

The Master Sommelier Exam prides itself on being exclusive, but they’ve landed backward: these folks have shut mere mortals out so completely, they’ve made us the enviable ones: we can still enjoy glasses of wine; they can’t. We can still get excited about a $30 bottle that we won’t describe much better than “really good” and we can move on after it’s poured to talk about other things that interest us, like…not wine. The tower they’ve built is all ivory, no stone. They can’t love the thing they love anymore because when you love something, you set it free.

(I don’t know how that works, either, but it was a perfect way to end that paragraph.)

Anything that can ripen can blight; everything, if conditions are right/wrong, can go septic. Find your bliss. But prune it.

PaperGirl Celebrity Encounter: Tim Gunn!

Tim Gunn backstage during New York Fashion Week, 2009. Image: Wikipedia.
Tim Gunn backstage during New York Fashion Week, 2009. Image: Wikipedia.

 

I have only a few days left in Manhattan before I return to Chicago for a few weeks. I was getting worried that I hadn’t bumped into Madonna in the park or seen Sam Harris on the subway. I don’t seek out celebrity encounters, but I was a little bummed my elbows hadn’t been bumped by anyone fancy since arriving in the city.

Then I met Tim Gunn.

Yuri and I both had loads of work to do this weekend and decided to set up shop at the Balcony Lounge at the Met. This is a private lounge for members of the museum, and my family has a membership. (Thanks, Ma!) The lounge is quiet, serves excellent tea and cheese, there’s fast wireless, and if you need to take a break and go see Walker Evans photographs or stare at The Harvesters by Bruegel the Elder, you can absolutely do that. We all need Bruegel the Elder breaks from time to time.

I was focused on editing the May/June ’14 issue of Quilty when I heard a one-of-a-kind voice. I looked up to see none other than style icon and Project Runway host Tim Gunn greeting the nice lady at the registration desk. My mouth dropped open. I grabbed Yuri’s leg. I do that a lot for a variety of reasons on a regular basis, so he didn’t look up from his laptop.

“Yuri!” I hissed. “Yuri, it’s Tim Gunn. Tim Gunn just walked in!”

Yuri was programming. “Who?”

“Tim Gunn! Tim Gunn from Project Runway! And, like, fashion!”

My body was contorting into Martha Graham-like shapes. I was excited. Tim Gunn is someone whose career I admire. He taught at (and led) Parsons School of Design for many years. He was Chief Creative Officer at Liz Claiborne for awhile, which, according to my research, put him at the company during its morph into the Kate Spade-Juicy Couture-JC Penny animal it is now? This is unclear to me, but it is clear is that Tim Gunn is the man. And, as most people who are not named Yuri know, Tim Gunn has served as beloved mentor to designers cast in Project Runway since the very first season of the show in 2004. He’s written books, he’s done TV and film cameos; he’s even got his own catchphrase. Though we know people on screens are not magic, it’s plain as can be: Tim Gunn is neat.

I tried to focus on my work but it was impossible. I kept stealing teensy glances over to the sofa where Tim Gunn was sitting. He was perusing a large art book. There are many beautiful books of art on offer in the member lounge, no surprise, and he was engrossed in his selection.

What to do? I desperately wanted to meet him but refused to be weird or annoying. I decided after he had been there for an hour or so to write an extremely short, non-creepy little note to him. (Hear me out.) I would buy his glass of wine and give my note to the waitress to give to him in lieu of his check. My note said something like:

“Hi, Tim Gunn! Thank you for inspiring so many of us who work with textiles. If you ever need a quilt or a quilter for any reason, call me!”

I taped my business card in the center of the note using one of the stickers for my upcoming book. Actually speaking to the man was not part of my plan. I’d take care of the bill and Yuri and I would leave before he did or he’d call for his check and before he left, I’d escape to the bathroom so he wouldn’t feel obligated to come say anything. I wanted to make tiny, meaningful contact with a compliment. No awkwardness, no foul.

But then the waitress went on break! She was his waitress and my waitress! She was the lynchpin of my entire scheme! Now what?!

After a few panicky texts with my sisters, I changed my mind: I would deliver my note in person. If I didn’t try to say hello to Tim Gunn at the Met lounge at that moment, I would never have the chance again. I put on some lip gloss and walked over to where he was sitting.

Readers, I am happy to report that Tim Gunn is wonderful.

“Excuse me, Mr. Gunn?”

He was immediately on his feet.

“Call me Tim! Please!” He placed his book down on the table and stood to shake my hand. “How are you?” he asked, as though we had met. Eep!

“Oh, I’m fine,” I said. I was more timid than I have ever been in my life, I think. “I had this whole plan how not to disturb you. I was going to give you this little note and buy your glass of wine, but then the waitress went on break and, well, I just wanted to say thank you so much. You’re very inspiring. I’m a quilter.”

Tim Gunn was looking at my note. “This is wonderful! How delightful! My goodness! A quilter? That’s marvelous! What is this?” He was pointing to the sticker.

“That’s my book! My first book. It’s coming out in May.”

“That is a tremendous accomplishment,” said Tim Gunn. “I don’t know what I’d do without my co-author. She turns what I write into something actually worth reading! Congratulations to you! When does it come out?”

“May,” I said, beaming. Talking to Tim Gunn was like talking to… Well, Tim Gunn. It was the best. And yes, he looked amazing in tailored everything and he smelled terrific.

We chatted a teensy bit more. He said, “Oh, good. I see your email, here. I’ll send you my last couple of books!” and I said, “I’ll send you mine! We’ll trade!” and Tim Gunn said that sounded like a fine idea.

Start to finish, the encounter was all of two minutes, but it sure was pleasant. Thanks, Tim Gunn, for being kind to a stranger who admires you a great deal. I hope you do receive my book when I send it to you; since it doesn’t come out till May, it’s possible you’ll forget why you’re getting it and your people will move it to the revolving file. But if you do get it, I hope the quilts in the book will inspire you, even a tiny bit.