Lifeboat Foundation

Bitcoin has terrible UX…in our journey into tech we purchased a few pounds worth on a paper wallet on a bitcoin ATM machine to experiment with and gain familiarity with this new form of internet money.

The paper wallet has an illegibly long code that needs to be typed in or QR code scanned in to get the part bitcoin uploaded to an online usable form of bitcoin.

Bitcoins can be lost because of this bad UX/UI issue.

At the beginning of 2016, Bitcoin was fairly steady at $430. Richelle Ross predicted that it would finish the year at $650. She would have been right, if the year had ended in November. During 2016, Bitcoin’s US dollar exchange rose from $433 to $1000. In the past 2 months (March 24~May 20, 2017), Bitcoin has tacked on 114%, rising from $936 to $2000. _{[continue below image]…}

If this were stock in a corporation, I would recommend liquidating or cutting back on holdings. But the value of Bitcoin is not tied to the future earnings or property value of an organization. In this case, supply demand is fueled—in part—by speculation. Yes, of course. But, it is also fueled by a two-sided network built on the growing base of utilitarian adoption. And not just an adoption fad, but adoption that mirrors the shift in our very understanding of bookkeeping, trust and transparency.

Despite problems of growth, governance and regulation, Bitcoin is more clearly taking its place as the future of money. Even if it never becomes “legal tender” in any country—and is used only as a mechanism of payments and settlement, it is still woefully undervalued. $2000 is not an end-game. It is a beginning.

_{Philip Raymond co-chairs Crypsa & The Bitcoin Event. He is columnist & board member at Lifeboat Foundation,
editor at WildDuck and is delivering the keynote address at the 2017 Digital Currency Summit in Johannesburg.}

• The UN will be using the blockchain Ethereum to distribute funds from the World Food Program to more than 10,000 people in Jordan this summer.
• The computer network is making humanitarian giving simpler and more secure than ever.

Technology has the power to improve people’s lives — and not just by supplying flying cars to millionaires. The computer networks that brought us Bitcoins are advancing in ways that will make humanitarian giving simpler and more secure than ever.

Blockchain, which serves as the underlying infrastructure for Bitcoin, is form of cryptocurrency that has become increasingly popular and experienced all-time high values in the last few months. One blockchain developer, Ethereum, has seen an all-time high in value: in recent weeks it’s topped out trading at over $40 per share.

–In a DAO, a blockchain-based organization, you don’t have a boss or a CEO. What you have is a dynamic set of working relationships continuously and dynamically self-organized around outcomes and projects.

If you’re tired of going to unproductive meetings, commuting in to work just to put in face time, or following commands from a boss you don’t have much confidence in, you may be the right kind of employee for a new type of work environment called a DAO, or Decentralized Autonomous Organization.

We’re in the early stages of seeing these futuristic types of companies roll out already. These early players have run into some missteps, but that’s to be expected. What’s important in the concept of a DAO is the D: “decentralized.”

Continue reading “When blockchains run companies, here’s what your job will look like” »

The emirate believes using the technology to conduct its business will make it more efficient and burnish its business-friendly image.

“Economist and filmmaker Manuel Stagars portrays this exciting technology in interviews with software developers, cryptologists, researchers, entrepreneurs, consultants, VCs, authors, politicians, and futurists from the United States, Canada, Switzerland, the UK, and Australia.”

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ES Emerging Technology are delighted to invite you to the second event in our Exponential Series!

Nathan Waters is a futurist, decentralist and entrepreneur. He is the founder of the monthly Ethereum blockchain meetup (SydEthereum) and Australia’s largest independent hackathon (Hackagong).

In this discussion Nathan will be presenting a new project for a blockchain-based economic protocol intended to transition humanity to a post-Capitalist future. We’ll be covering topics such as: runaway automation, technological unemployment, future of work and education, wage slavery, wealth inequality, rising precariat, universal basic income, peer production, platform co-operatives, post-scarcity and decentralised autonomous organisations.

Continue reading “Exponential Series — Nathan Waters” »

Mar.21 — Arvind Krishna, IBM senior VP of hybrid cloud, sits down with Bloomberg’s Caroline Hyde at IBM InterConnect 2017 to discuss IBM’s new blockchain service.