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Archive for the ‘economics’ category: Page 194

May 7, 2016

Can Bitcoin be defeated by legislation?

Posted by in categories: bitcoin, business, cryptocurrencies, economics, encryption, geopolitics, government, internet, policy

The question breaks down into two parts:

  1. For what public benefit? —and—
  2. No, it cannot be achieved in this way

Governments are in the business of regulating certain activities—hopefully in an effort to serve the public good. In the case of business methods and activities, their goal is to maintain an orderly marketplace; one that is fair, safe and conducive to economic growth.

But regulation that lacks a clear purpose or a reasonable detection and enforcement mechanism is folly. Such regulation risks making government seem arbitrary, punitive or ineffective.

QR Code_CRYPSA-001«— This is money. It is not a promissory note, a metaphor, an analogy or an abstract representation of money in some account. It is the money itself. Unlike your national currency, it does not require an underlying asset or redemption guarantee.

Continue reading “Can Bitcoin be defeated by legislation?” »

May 6, 2016

Air Force wants swarms of small ‘kamikaze’ drones to defeat missiles

Posted by in categories: drones, economics, military, neuroscience, surveillance

Nice; let’s hope they hit the right target.


“I need a stealth bomber that’s going to get close, and then it’s going to drop a whole bunch of smalls – some are decoys, some are jammers, some are [intelligence, surveillance, and reconnaissance] looking for where the SAMs are. Some of them are kamikaze airplanes that are going to kamikaze into those SAMs, and they’re cheap. You have maybe 100 or 1,000 surface-to-air missiles, but we’re going to hit you with 10,000 smalls, not 10,000 MQ-9s. That’s why we want smalls.”

SAMs stands for “Surface-to-Air Missile,” and they’re one of the reasons that the Air Force has invested so much in stealth technology over the years: if a missile can’t see a plane, it can’t hit it. The problem is that the economics don’t quite work that way: it’s easier to make a new, better missile than it is to make an existing airplane even stealthier, and modern Air Force fighters serve for around 30 years each—longer if they’re bombers. Missiles are generally cheaper than airplanes, so anyone who wants to protect against aerial attack just needs to invest in a lot of missiles.

Continue reading “Air Force wants swarms of small ‘kamikaze’ drones to defeat missiles” »

May 6, 2016

Bitcoin Pundicy: A Lifeboat Perspective

Posted by in categories: bitcoin, cryptocurrencies, economics, encryption, government, internet

Here in the Lifeboat Blog, I have the luxury of pontificating on existential, scientific and technical topics that beg for an audience—and sometimes—a pithy opinion. Regular Lifeboat readers know that I was recently named most viewed Bitcoin writer at Quora under a Nom de Plume.

Quora is not a typical Blog. It is an educational site. Questions and numerous answers form the basis of a crowd-sourced popularity contest. Readers can direct questions to specific experts or armchair analysts. A voting algorithm leads to the emergence of some very knowledgeable answers, even among laypersons and ‘armchair’ experts.

During the past few weeks, Quora readers asked me a litany of queries about Bitcoin and the blockchain, and so I am sharing selected Q&A here at Lifeboat. This is my professional field—and so, just as with Mr. Trump, I must resist an urge to be verbose or bombastic. My answers are not the shortest, but they are compact. Some employ metaphors, but they explain complex ideas across a broad audience.

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May 5, 2016

“Liberation technologies” and the ones who will gain

Posted by in categories: 3D printing, biological, biotech/medical, disruptive technology, economics, futurism, governance, human trajectories, internet, scientific freedom

How could global economic inequality survive the onslaught of synthetic organisms, micromanufacturing devices, additive manufacturing machines, nano-factories?
(http://www.beliefnet.com/columnists/lordre/2016/04/obsessed-…L36KMDo.99)

Narrated by Harry J. Bentham, author of Catalyst: A Techno-Liberation Thesis (2013), using the introduction from that book as a taster of the audio version of the book in production. (http://www.clubof.info/2016/04/liberation-technologies-to-come.html)

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May 2, 2016

Even Peasants Can Have Robots Invest Their Money

Posted by in categories: economics, military, robotics/AI

I could tell you one scenario after another about Robots serving Robots, making robots, owning their own country, having their own military, etc. However, for me we’re still many, many decades off from this. However, we do have some situations that I have seen robots assembling other robots; however, they’re still requiring human engagement and oversight.


If that sounds like something you’re interested in.

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Apr 29, 2016

Laws for Mobility, IoT, Artificial Intelligence

Posted by in categories: bioengineering, business, economics, robotics/AI

Excellent read and a true point about the need for some additional data laws with our ever exploding information overload world.


Laws for Mobility, IoT, Artificial Intelligence and Intelligent Process Automation

If you are the VP of Sales, it is quite likely you want and need to know up to date sales numbers, pipeline status and forecasts. If you are meeting with a prospect to close a deal, it is quite likely that having up to date business intelligence and CRM information would be useful. Likewise traveling to a remote job site to check on the progress of an engineering project is also an obvious trigger that you will need the latest project information. Developing solutions integrated with mobile applications that can anticipate your needs based upon your Code Halo data, the information that surrounds people, organizations, projects, activities and devices, and acting upon it automatically is where a large amount of productivity gains will be found in the future.

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Apr 28, 2016

Basic income: 500 crowned heads in Lörrach (alternative music)

Posted by in categories: economics, media & arts

After the original Video has been blocked in Germany due to music copyright infringement, here is our new version of the video about the crowning-campaign on May 1st, 2009, in Lörrach concerning the topic “basic income”.

“If everyone were his own king, nobody would need to be ruled by someone else.” (Michael Sennhauser, Swiss Radio DRS)

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Apr 28, 2016

China Quest for Clean Tech

Posted by in categories: economics, energy, sustainability

Nice


Mark L. Clifford on China, renewable energy, and economic growth.

By young china watchers for the diplomat.

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Apr 28, 2016

India to require panic buttons on phones

Posted by in categories: computing, economics, law enforcement, mobile phones, policy, security

New requirement if you’re a Smartphone device provider and trying to sell in India.


Starting next year, all mobile phones sold across India must include a panic button, local news outlets are reporting. In addition, by 2018, all cell phones need to come with a built-in GPS chip, so a person in trouble can be more easily found.

“Technology is solely meant to make human life better and what better than using it for the security of women,” communications and IT minister Ravi Shankar Prasad said in a statement, according to The Economic Times. “I have taken a decision that from January 1, 2017, no cell phone can be sold without a provision for panic button and from January 1, 2018, mobile sets should have in-built GPS.”

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Apr 28, 2016

How to measure prosperity | The Economist

Posted by in categories: economics, governance

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“GDP is a bad gauge of material well-being. Time for a fresh approach”

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