Lifeboat Foundation

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.

Continue reading “You don’t understand Bitcoin because you think money is real” »

SRI Newsletter #06 2018 Great success both for the public and for the speakers, despite the enrollment fees definitely out of budget for many: more than 6300 registered participants, of which almost 50% very young, more than 2000 papers presented in the various symposia. The title of the Congress was very interesting: “Involving everyone”. This gave the impression that there was plenty of space at the Congress for the themes of civil development in space. The attention to the impetuous development of the NewSpace sector is now felt everywhere, and the most important global space congress could not avoid being impacted. After all, it is thanks to the growth of the NewSpace sector if the IAF Congress has recorded this remarkable success. But which were the predominant themes of the Congress? Has the promise announced in the title been kept? In part, yes, but a lot of work remains to be done. And the main NewSpace entrepreneurs didn’t come to Bremen. Read the whole article.

The 69^th Congress of the International Astronautical Federation took place in the halls of the Bremen exhibition center from 1 to 5 October.

Great success both for the public and for the speakers, despite the enrollment fees definitely out of budget for many: more than 6300 registered participants, of which almost 50% very young, more than 2000 papers presented in the various symposia. The title of the Congress was very interesting: “Involving everyone”. This gave the impression that there was plenty of space at the Congress for the themes of civil development in space. The attention to the impetuous development of the NewSpace sector is now felt everywhere, and the most important global space congress could not avoid being impacted. After all, it is thanks to the growth of the NewSpace sector if the IAF Congress has recorded this remarkable success. But which were the predominant themes of the Congress? Has the promise announced in the title been kept? In part, yes, but a lot of work remains to be done.

Continue reading “The 69th Congress of the International Astronautical Federation, in Bremen, celebrated NewSpace, without Musk, Bezos, and Branson” »

The federal government has announced the appointment of Australia’s first Women in STEM Ambassador, with Professor Lisa Harvey-Smith charged with overseeing the country’s attempt to diversify its science, technology, engineering, and mathematics sectors.

An astrophysicist professor, Harvey-Smith will specifically advocate for girls and women in STEM education and careers, aiming also to raise awareness in the male-dominated industry and drive cultural and social change for gender equity.

SEE: The state of women in computer science: An investigative report [PDF download] (TechRepublic cover story)

Continue reading “​Australia gets Women in STEM Ambassador in astrophysicist professor” »

Governments are one of the last strongholds of an undigitized, linear sector of humanity, and they are falling behind fast. Apart from their struggle to keep up with private sector digitization, federal governments are in a crisis of trust.

At almost a 60-year low, only 18 percent of Americans reported that they could trust their government “always” or “most of the time” in a recent Pew survey. And the US is not alone. The Edelman Trust Barometer revealed last year that 41 percent of the world population distrust their nations’ governments.

In many cases, the private sector—particularly tech—is driving greater progress in regulation-targeted issues like climate change than state leaders. And as decentralized systems, digital disruption, and private sector leadership take the world by storm, traditional forms of government are beginning to fear irrelevance. However, the fight for exponential governance is not a lost battle.

Continue reading “Could Tech Make Government As We Know It Irrelevant?” »

Authorities in China’s far-western Xinjiang region appear to have officially legalized so-called re-education camps for people accused of religious extremism, a little more than a month after denying such centers exist.

The Xinjiang government on Tuesday revised a local law to encourage “vocational skill education training centers” to “carry out anti-extremist ideological education.”

Human rights organizations have long alleged the Chinese government has been detaining hundreds of thousands of Uyghurs — a Turkic-speaking, largely Muslim minority native to Xinjiang — in such centers as part of an effort to enforce patriotism and loyalty to Beijing in the region.

Kudos to WallStreet analyst and advisor, Ric Edelman. He drank the Kool-Aid, he understands a profound sea change, and he sees the ducks starting to line up.

Check out the clearly articulated interview, below, with Bob Pisani at the New York Stock Exchange and legendary Wall Street advisor, Ric Edelman, (Not my term…That’s what CNBC anchor, Melissa Lee, calls him). Read between the lines, especially the last words in the video, below.

Ric Edleman has just joined Bitwise as both investor and advisor. This lends credibility and gravitas to the organization that created the world’s first cryptocurrency index fund. Bitwise benefits from Edelman’s affiliation, because the US has been slow (some would say “cautious”) in recognizing the facts on the ground: Cryptocurrency is already an asset class.

Edelman fully embraces a strong future for Bitcoin—not just as a currency or payment instrument, but as a legal and recognized asset class; one that is at the starting line of a wide open racetrack. He explains that the SEC sets a high bar for offering a Bitcoin ETF, but that this will be achieved. It will pave the way for large institutions, pension funds, etc to allocate a portion of money under management for blockchain products.

Continue reading “Ric Edelman: Bitcoin will be an asset class” »

The funding, awarded by the UK Government’s Department for Business, Energy and Industrial Strategy’s Regulators’ Pioneer Fund, will be used to pioneer new ways of regulating the autonomous and smart shipping industries to help them deliver innovative new technologies to the traditional maritime sector.

The global autonomous shipping industry is predicted to grow into a $136 billion behemoth by 2030, with UK businesses already playing a key role. The funding will see the creation of the Maritime Autonomy Regulation Lab, where regulators from the MCA and DfT can work with academia and support industry to promote on-water testing and flagship projects and help the UK grow its presence in the global marketplace.

New Delhi, Oct 6: There are many unsung and forgotten heroes that India has in abundance. One such man whose 125th birth anniversary falls today is Meghnad Saha who was not only nominated for the Nobel Prize in Physics more than once but was also elected to the first Lok Sabha in 1952 as an independent candidate defeating the Congress nominee Prabhu Dayal Himatsingka. But more interestingly he was the chairperson of Calender Reforms Committee set up in 1952.

No one can forget the role of Planning Commission of India in the growth trajectory of the country which was actually conceived by Subhash Chandra Bose at the Haripura Congress in 1938. Bose as a president proposed it as National Planning Committee in which Saha had shown very keen interest.

Also Read Denis Mukwege, Nadia Murad awarded 2018 Nobel Peace Prize.

Continue reading “Meghnad Saha the physicist also known for Planning Commission and providing national calendar” »

China put tiny spy chips on many U.S. servers. That’s the word from Bloomberg Businessweek, whose cover story published Thursday asserts that Beijing persuaded Chinese hardware manufacturers to install a surveillance chip, half the size of a grain of rice, on the motherboards of hundreds of thousands of data servers sold around the world by a U.S. company called Supermicro, including to Amazon and Apple.