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Archive for the ‘aristotle’ tag

Oct 25, 2018

You don’t understand Bitcoin because you think money is real

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

Maria Bustillos is founder of the blockchain supported publication, Popula. I stole the title of this post from her essay at Medium.com (linked below).* I hope that Maria considers it a tribute rather than title-plagiarism. Her article is blocked by a pay wall, so allow me to explain a concept that confounds even a Nobel Prize winning economist. My take on the issue is somewhat different than Ms. Bustillos.

The difficulty understanding or appreciating Bitcoin boils down to a misconception that the dollar is backed by something more tangible, such as gold, guns or the promise of redemption. Not only is this an illusion, but Bitcoin is backed by something far more tangible, intrinsic and durable.

The illusion that “real” value emanates from government coupled with a robust consumer economy has been woven into our DNA for millennia. But, the value we attribute to a Dollar, Euro, or Yuan is a result of conditioning rather than any intrinsic value. That same conditioning has led us to believe that there is something sane and inherent in a nation that controls its money supply and its monetary policy.

Most public works projects—power generation, space ships, or the telephone network—were controlled by government in the past. If not, they were regulated as a licensed monopoly. This creates a choke point, a lack of competition, and a gaping opportunity for inefficiency, mismanagement or graft. It defies a free market economy and it concentrates power in the hands of politicians. But, at one time, it seemed necessary.

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Sep 24, 2015

Losing Your Mind? Great Thinkers on the Brain

Posted by in categories: biological, biotech/medical, cryonics, neuroscience, philosophy, science, theory

Aristotle is frequently regarded as one of the greatest thinkers of antiquity. So why didn’t he think much of his brain?

In this brief history of the brain, the GPA explores what the great minds of the past thought about thought. And we discover that questions that seem to have obvious answers today were anything but self-evident for the individuals that first tackled them. And that conversely, sometimes the facts which we simply accept to be true can be blinding, preventing us from making deeper discoveries about our our world and ourselves.