Lifeboat Foundation

Titles are chosen by editors and not journalists or experts. I fought my editor over the above title. Yes, I address the teaser—and I explain a solid altcoin investment model. But, that comes after the break. The first part of this article should be titled “Why would anyone quote cost or value in Bitcoin?”. The subjects are highly related, so bear with me…

Today, a reader asked this question:

Some financial sites discuss value in Bitcoin terms, rather
than dollars or Euros. Why would I calculate the value of a
new car, my rent or an investment in this way? It’s hard to
understand how much money I need!

Answer: Your right! It’s difficult to estimate the value of a car or your rent in terms of Bitcoin. You are paid in dollars or Euros—and your landlord quotes rent in the same currency.

Continue reading “Revenue Neutral model reduces altcoin investment risk” »

Screeech. You’ve landed. Time to relax those butt cheeks.

It was only this morning you booked this flight, and now you’re on the other side of the planet. Amazing. You’re nervous but excited to visit Australia for the first time. One week to explore the city and five weeks on a new design project. When that project match showed up in your feed you claimed it in two seconds. You’ve already earned 24,000 $design in the peerism economy.

Ping. “Need a room?”.

Continue reading “Driverless Hotel Rooms: The End of Uber, Airbnb and Human Landlords” »

A look back at the most popular health articles of 2017. Here is the report: “Stop Wasting Money on Vitamin Supplements”

Are multivitamins necessary? This article answers the question with the latest research.

Next, the technology maturation process, unfolds in a linear fashion with the ultimate objective of transitioning to the NASA program that established the requirement. This process sacrifices science and the ability to iterate fast; does not incentivize providers to develop affordable and systematic capabilities, and the consideration of economic intelligence and market pull is anything but strategic (engagement model with industry is secondary, i.e “work for hire” contracts, and commercialization is serendipitous). As the sole customer, NASA/the government needs to maintain the unique infrastructure needed for these missions and maintains large per mission costs.

While science missions are largely competitive and outcome focused, human missions start by establishing a destination — the political choice of Moon or Mars — often becoming a solution in search of a problem. Since the Apollo era, the overall result of this “swing” approach has basically resulted in “grounding” the human space program, negatively affecting the morale of the working force, and making many feel that it is little more than a job welfare program.

From an HR perspective, NASA, like any other government organization, is a great example of Peter’s principle, structured and incentivized by the slogan “the hierarchy needs to be preserved by all costs”, frequently leading to the alienation or outright removal of highly competent people focused on problem solving and with a desire of seeing accelerated progress.

Continue reading “From ‘flags and footprints’ to having a routine presence in space” »

Oh, Cheez…We’re back to this question, again!

As a Bitcoin columnist, I get this question a lot. Today, an answer was requested at Quora.com, where I am the lead contributor on cryptocurrencies:

“Clearly, some people value Bitcoin. But How can
this be? There is nothing there to give it value!”

Many individuals, like the one who asked this question, suspect that Bitcoin was pulled out of thin air—and that it is not backed by gold, a government, or an authoritative redemption guaranty. After all, it is just open source code. What stops me from creating an ElleryCoin using the same code?!

Continue reading “Why does anyone attribute value to Bitcoin?” »

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Let’s say that you no longer trust your currency exchange to host your Bitcoin wallet and you don’t trust a Trezor or Nano hardware wallet. You don’t trust your memory and you don’t trust your kids. And you certainly know better than to keep your wealth in your PC or phone. That would be downright crazy—right? What can you do?!

A growing number of people are printing paper wallets. It is the ultimate form of security. Some individuals even delete their cloud wallet, leaving everything to a string of hex characters or a QR code printed onto a slip of paper. (NB. You had better be certain that you and a few trusted individuals know how to find that piece of paper!)

But here’s an interesting mystery. If you print the paper wallet off-line and delete your other wallets, then how can the blockchain ‘know’ that you have changed wallets? The short answer: It doesn’t and you haven’t!

Let’s explore a bit deeper…

Continue reading “How does the Blockchain ‘know’ you have printed a paper wallet?” »

TransAstra Corporation recently completed an in-depth study of how to use resources from near Earth objects to facilitate space exploration and settlement.

The 82-page report, “Stepping Stones: Economic Analysis of Space Transportation Supplied From NEO Resources,” was funded with a $100,000 grant from NASA’s Innovative Advanced Concepts (NIAC) program.

“The Stepping Stones economic analysis of space transportation supplied from near-Earth object (NEO) resources demonstrates the potential to break the tyranny of increasing space transportation costs created by dependence on Earth-based resources, particularly propellant,” the report states.

Continue reading “Report Examines Benefits of Settling Space Using NEO Resources” »

“Our first principle, therefore, is that corporations should search for projects that generate economic benefits for themselves while creating socioeconomic gains for all other actors in the new ecosystem.”

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