SectioAurea
SectioAurea on Hacker News
Well, percent of GDP spent on light has remained steady for 300 years at .72; that was buried rather far in.
The article also mentioned Jevons’ paradox, which is something I didn't know had a name.
False. They do not all have the same structure as Bitcoin. Many of them are explicitly structured as pyramid schemes (premining, instamining, stealth launches, closed source launches).
While very few have unique selling points over Bitcoin, it is dangerous to assume they are 'at least as useful' as Bitcoin.
See also the Coral Castle legends in more recent times.
Would be extremely interesting if this worked on a macro scale. They are floating nuts and bolts with a small desktop device.
I'm also curious about power draw/requirements.
Apparently they are using arrays of Langevin type sandwich transducers to generate the ultrasound, of the type used for industrial cleaning applications (example http://www.ipfonline.com/products/index/langevin_type_sandwi...).
What happens if you have an array 2x2 meters? Or 20x20? Does the wave have to completely encompass the object to act on it, without exception? In that case we may need to revisit the lower frequencies and attempt to move balloons, etc. Some relation to the resonant frequency of the object being targeted may be involved.
Most Bitcoin users don't believe this will happen, for what it's worth. The 'armageddon facedown with the government over Bitcoin' is just another doomsday fantasy popular with those who enjoy doomsday fantasies.
The rational types have already seen it taxed as capital gains in several countries. It's not even a question of if they will fight it anymore. They were never going to.
Definitively solving the problem of "closed on Sunday" would seem to constitute more than a little competition for legacy financial institutions.
Like many technology and finance pundits, he seems to be currently in a love/hate relationship with Bitcoin.
See also Business Insider's recent turnaround and subsequent breathless tabloid-style coverage of cryptocurrency news.
Good point - the early "hockey stick" did in fact end recently with the first ever bearish 10/21 EMA crossover in the BTC/USD 12h timeframe.
And the yields from mining have decreased by orders of magnitude over the last several decades as technology increases have made it more possible, while less efficient, to extract additional known deposits.
Flowers trading food for pollination.
This has actually been done. You can now do protein folding and SETI (and a bunch of GMO research) while mining. Gridcoin is working with the full cooperation of the UC Berkeley BOINC project and is compatible with your choice of dozens of research projects:
http://gridcoin.us
In the case of clones Namecoin/Primecoin/Gridcoin/Datacoin and others, there is even useful work being performed as part of the protocol of the software. Gridcoin's block rewards, for example, scale 30x in favor of those who devote enough computing resources to BOINC to achieve a BOINC score of 100.
It's all in the brainstorming stages. Distributed Autonomous Government is also theoretically possible, offering voluntary participation, transparent workings and direct democracy.
This is the key point where the public blockchain seems to be of use for voting: transparency, which we have zero of in current machine systems.
The reported stealth launch is interesting, if depressing. Stealth launches are essentially a deniable form of premine and not a good indicator for a coin's future, historically. I know I won't be trading this coin or recommending its markets.
According to official sources (
http://www.ubuntu.com/phone/install), the Ubuntu Phone beta has the following capabilities:
"Connection to the GSM network on Galaxy Nexus and Nexus 4"
"Phone calls and SMS on Galaxy Nexus and Nexus 4"
The doge brand is the USP. Most LTC clones are already largely undifferentiated, so this is actually a strong contender given it's technically almost identical to the rest.
Premined strategies like Ripple chose certainly aren't the road to success.
Many people already give up enough information (by carrying a smartphone) to allow for a simulated world, where their avatar's actions match their real world actions in realtime: phone calls, transactions, inventory, location, physical condition inferred from always-on sensors, connected databases, and natural language processing.
Then a controller could issue useful queries for parallel construction, like "select all avatars who have X in their inventory and who are currently driving in location Y", or how about a bar sting: "select all avatars who purchased more than X drinks at location Y and are driving, but are more than Z distance from their likely destination". Are we to presume that this is not being done? How will society react to the idea of such deep reaching surveillance?
Consumer protection is possible in Bitcoin - it's voluntary on the part of the service provider, and should be demanded by customers.
If Bitcoin as a payment system (including exchange fees to give government fiat to the bank) has lower overall per-transaction fees than VISA, it's a win for adoption for this business.
I am convinced that the entire badBIOS story is an application of this technique to shake out remaining bugs in the design. Look at the large number of subject matter experts who dissected every aspect of the claims and universally concluded... "Impossible unless [expert explanation of method] ...and even so, unlikely."
Talk about a "knowledge economy"!
Correct, spin-off site operators need to be trusted not to be P&D moles. However, mystery odds beat certain odds of P&D message control (as seen in Reddit).
The article describes "stretched-hide membranes stitched around the bases of the receivers". This is actually a big improvement on the "tin cans on a string" model.
This is an excellent point. I know I've been guilty of the pattern: "provide detailed directions for a poorly documented build, then spend years maintaining them in blog post/comments".
Better would be to actually contribute to central project documentation, I suppose.