Buckminster Fuller once said, “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” This is exactly what Satoshi has done. Calling Bitcoin a “disruptive technology” is an understatement. Money unmoored from any central authority is the new model. As the old money that political structures depend on becomes obsolete so will the political structures themselves.
The man who bears the title “Chief Scientist” for the Bitcoin Foundation always believed Satoshi Nakamoto — or whoever the real-life embodiment of bitcoin’s mysterious founder was – to be a smart, reclusive computer scientist who was brilliant but sloppy in his coding style. “I think he’s an aca... http://techinews.org/bitcoin-foundations-andresen-working-satoshi-nakamoto/
WASHINGTON — Obama administration officials said today that they are completing an analysis of data on vehicle-to-vehicle communication but gave no immediate indication when they could begin requiring new
Sounds like great technology.... for slaves. Oh wait that's us!
In the video above, the programmer explains how Google Chrome’s speech recognition function remains operational even after the user has left the website on which they gave permission for the browser to record their voice.
The video shows a pop-under browser window recording and typing the programmer’s words as she speaks. The window can be disguised as an advertising banner so the user has no indication that Chrome is listening to their voice, whether that be on the phone, talking to someone on Skype, or merely having a conversation with someone near the computer.
“The Bitcoin Database” contains more than 300 bitcoin startups – currently the world’s biggest database in terms of # of bitcoin startups – and serves the purpose of helping entrepreneurs and investors get a quick overview, in order to further participate in building a viable bitcoin ecosystem.
This open source database is open for everyone to use, and contributions, and can be accessed here: http://bit.ly/1lWzyzB (send a request and we will approve it). At this point it contains 318 briefly-assessed startups, but it is continuously updated with the help of the community. It’s worth mentioning that many of the startups are focusing on crypto currencies in general, and some also have operations that stretch beyond the crypto currency space (i.e. a couple of security companies with Bitcoin focus), but they all have a significant role within the bitcoin ecosystem. This blog post provides a snap shot of the current state of the ecosystem, and hopefully can encourage more bitcoin enthusiasts to participate in the development.
Today, 33 bitcoin startups have announced that they’ve raised 87,5 MUSD in venture, seed and crowdfunding. The vast majority of these (85%) are from the US, but we are also experiencing a significant activity in the Asian market (mainly China and Singapore). The (blank) category contains Dark Wallet, which was crowdfunded and is operated by a distributed network of developers.
This is a living data set and it is open for everyone to be used and to participate updating the data. The set is found here: http://bitcoin.knackhq.com/btcdb - access will be granted to everyone that sends a request
System D (in French, Système D) is a shorthand term that refers to a manner of responding to challenges that requires one to have the ability to think fast, to adapt, and to improvise when getting a job done. The letter D refers back to either of the French nouns débrouillardise or démerde (French slang).
Here are some popular features about bitcoin that breaks the power of the state. Bitcoin cannot be backed by government or any other commodity. It has no central banking server so the central authority has no control over the money supply. This type of currency is untraceable because it does not require someones personal information such as names, addresses, or phone numbers. The bitcoin software prevents tracking IP addresses. Any transaction made only shows the transaction ID. Anyone can remain anonymous.
With BTC oney transactions made will be unknown to authority or organizations. It cannot be taxed. It cannot be confiscated because it is in files that can be copied and hidden in USB keys or unknown servers. The nature of bitcoin is peer to peer transactions. Even if the governments want to stop it, it would be impossible because they would have to shut down the web.
The era of pilotless commercial aircraft has begun in Nevada and the first drone test flights are expected by May, a team from the state’s program management office told the board of the Governor’s Office of Economic Development on Thursday.
Within a decade, the UAV industry is expected to employ 15,000 people in the state — about the size of the workforce of Nevada’s mining industry. Unmanned aerial systems operators make an average of more than $80,000 a year and the average annual salary of a pilot is more than $110,000.
Two Metro Police officers were killed at point-blank range while they ate lunch Sunday at a pizza restaurant in the northeast Las Vegas. The shooting suspects, a man and woman, also killed another person before taking their own lives, Metro Police said.
Police say witnesses told them the suspects took the police officers' guns and ammunition and, as they were walking out of the restaurant after the shooting, they said, " tell the police the revolution has begun."
Las Vegas Sands Corp., its websites down for a third day after a cyber-attack by hackers, said it was making progress toward restoring service and repairing its internal systems in the U.S.
Attackers defaced the home page of Sands’ Bethlehem, Pennsylvania, casino on Feb. 11, posting employees’ personal information and criticizing Chairman and Chief Executive Officer Sheldon Adelson, a staunch supporter of Israel, over his comments on Iran’s nuclear plans.
Overstock's CEO revealed on Thursday he now owns bitcoin, and that Overstock is free to hold the currency as well.
First movers stand to reap the benefits of being early. The CEO of Overstock recognizes this fact, on top of being a staunch Libertarian and seeing the value in a decentralized currency, he is doing his part to help free us all from central bank manipulation and corruption.
"There are now 12 million Bitcoin in circulation and 60,000 merchants accepting it via Coinbase. ... We felt like it was something we couldn't ignore anymore."
Mint’s popular personal finance app now has 14 million users. People can connect the app to 20,000 different bank, credit card, loan, and investment accounts to view all their financial statements in one place and manage their money.
Just when you thought you had comfortably wrapped your head around the whole Bitcoin thing, some restless coders up and add another layer of complexity to the world’s preferred brand of magical internet money. A new wave of decentralization may soon be upon us. Lusty possibilities abound.
More and more people are coming to understand Bitcoin as both a medium of exchange and a nifty (nerdy) payments and communications system. It is at once a currency, a platform, a protocol, a network, an ethos. In freeing the channels of information transmission, decentralization unleashes latent creativity. A thing of beauty, but man can arguably not radically decentralize all human association by the Bitcoin protocol alone.
While public attention largely fixates on short-term price adjustments, community creators have long since turned to new frontiers in decentralization and exchange. Next on the docket are developments in Bitcoin-based corporate governance, derivatives markets, and information markets. 2014 could be a big year for these embryonic non-“currency”applications of the Bitcoin experiment.
The first thing we do, let’s kill all the managers
Are you ready for the firm’s own nature to make itself redundant? You’re not alone. Unwilling to settle for one mere revolution in the financial space, a subset of constitutional connoisseurs want to extend the decentralized logic and tools of Bitcoin to the stodgy world of corporate governance. They race against their own dreams of Distributed Autonomous Communities, or DACs, autonomous entities that pursue defined goals according to their own rules without a central point of control.
The Bitcoin protocol itself can be thought of as the first DAC. Bitcoin holders are really just the “equity shareholders” of “Bitcoin, Inc.” Miners, the employees, suffer impressively few principal-agent conflicts–they vote with their hashrates. Corporate policy within the firm is universally-known and virtually non-violable. The conceptual elegance of this first “shareholder-owned, employee run, not-for-profit cryptocorporation” has been long admired.
Some believe DACs can be used to administer more than just smart money. If this sounds like a tall order, well, it’s because it is. Setting the right strings to coordinate distributed currency creation and transaction verification is one thing; anticipating and accounting for a nimble, dynamic, thoroughly modern corporation’s many needs and means and flowcharts and contingencies is quite another. Early dispatches hint at some cryptographic solutions.
It’s easy to conceptualize DACs through their figment agents’ stone code of conduct; like Asimov’s robots, Bitcoin’s DACs could be behaviorally bound by their own set of three incorruptible laws. This core secured, entrepreneurs could then optimally structure their DACs’ internal pressures (and outsource the rest) to decentrally provide courier, banking, identity, investment, legal, and even governmental services for fun and profit. The only limit is yourself–and maybe the sophistication of the machine learning algorithms that you can employ.
Many of the needed tools already exist. Assuming that a well-designed DAC can adequately “think” and generate and maintain capital–as the Bitcoin protocol does–the next challenge is properly navigating and interacting with relevant market data through time. A DAC that is unable to identify profit opportunities and consumer desires will be useless no matter how gorgeous its protocol’s design. Vitalik Buterin suggests that a combination of careful computational democracy and, say, a standard of signed API requests can respectively function as synthetic dynamic inputs and outputs of each DAC. (He also has some big ideas on how to best identify this new species of exquisite corpora). Strategic opinions differ, but the right questions are at least being simultaneously entertained. Ripple, Mastercoin, Namecoin,ProtoShares, and colored coins are a few examples of proto-DACs that are developing in real time.
Until recently, SETI (the project who’s aim is to Search for Extraterrestrial Intelligence) has been the number one global distributed computing network. However now that Bitcoin is on the rise, it’s been bumped down to second place. In fact the surge in Bitcoin’s distributed computing power is like nothing we’ve ever seen before. As Bill Gates said, “Bitcoin is a technological tour de force“.
System D - While the EU and the States are mired in government bureaucracy, restricted by powerful lobbying bodies, and stunted by military units run with half an eye on health and safety regulations, Africa and Asia are leapfrogging a lot of these issues to implement some truly original solutions. Imagine the possibilities for anyone in Africa or Asia to either wire money in our out of the country for free (or as good as), while at the same time sell their goods without having access to a bank account. They could also shop around for a loan on a global scale, and even pay for their groceries at the local store in the same currency.
You may have noticed the term "decentralized autonomous corporation" being thrown around a few times in the section on Protoshares. What exactly is a decentralized autonomous corporation or DAC? A DAC is basically a way to use the blockchain technology behind Bitcoin to created a decentralized service. For example, Bitcoin is technically the first DAC ever created. There is no central authority that controls Bitcoin, and it keeps running without the need for some guys in a corporate office decide on what kinds of moves Bitcoin needs to make as a company.