Nations that attempt to limit cryptocurrencies’ ability to solve these problems will find that protecting high costs and systemic friction will grind their economies into dust. There’s a great deal [ … ]
Worshipping Algorithms. No salvation in technology
We have changed. What we are now is all those algorithms. An algorithmic culture that is devotional. We supplicate ourselves to computers that have replaced gods in our minds, even [ … ]
Socialized Medicine? Who’s on first?
There must be such a thing as socialized medicine, but no-one is exactly sure what it ‘is’. We know all the things that it isn’t. Include in that long list [ … ]
Takeover. Digital Political Capitalism and AMZN, FB, GOOG, AirBnB
What if a company is on both sides of the market of law? What if it exercises juridical (administration of the law) power, being not only a party to a conflict, but [ … ]
Exploring the Job Ladder to High-Productivity Firms
“Less-educated workers are disproportionately likely to move up the job ladder during expansions, but they also slide down during downturns.” This is from Dwyer Gunn at the NBER Digest: Exploring [ … ]
Children in the henhouse and YouTube is the wolf
At the start of 2015, YouTube began its online ‘safe space’, YouTube Kids. Architected for children and assured with child-appropriate entertainment. At first glance the videos are normal, the parents [ … ]
Bitcoin mining and fossil fuels. If you buy, sell or mine, YOU ARE THE PROBLEM
Bitcoin consumes energy, and that, my suddenly capitalist friend, comes from coal. As your destroying third world countries, let’s visit one of the world’s largest Bitcoin mines in the Inner [ … ]
Bitcoin. Zimbabwe and the dollar
BREAKING NEWS: Facebook friends aren’t experts in all things. MORE BREAKING NEWS: Zimbabweans are not paying $5000 more per bitcoin than everyone else. Zimbabwe is no longer on a U.S. [ … ]
The Song Tao Visit
Last year, Ankit Panda at The Diplomat noted the significance of a high-level North Korea–China meeting in June 2016. Ri Su-yong, Korean Workers’ Party (KWP) Politburo member and a former [ … ]
Uber turpitude. Legal crooks do legal crimes
Cyber-security, cover-ups and this guy… Joe Sullivan was the head of security for Uber, the same title he held at his previous employer, Facebook. His major accomplishment while at Uber, [ … ]