Toggle light / dark theme

Twenty-five years after the introduction of the World Wide Web, the Information Age is coming to an end. Thanks to mobile screens and Internet everywhere, we’re now entering what I call the “Experience Age.”

When was the last time you updated your Facebook status? Maybe you no longer do? It’s been reported that original status updates by Facebook’s 1.6 billion users are down 21 percent.

The status box is an icon of the Information Age, a period dominated by desktop computers and a company’s mission to organize all the world’s information. The icons of the Experience Age look much different, and are born from micro-computers, mobile sensors and high-speed connectivity.

Read more

I personally can confirm that QC is not being worked on and advance by just a couple groups such as D-Wave and IBM. The questions/bumps in the road that we will all face is threefold:

1) how do we standardize the QC? right now (like most innovation) is done in siloes and limited cross-collaboration across government, labs & universities, and commercial companies. 2) governance and compliance; how will these need to change across multiple areas 3) id & mitigate all impacts instead of after deployment (don’t be reactive) because we will not have that luxury due to hackers.


There is a temptation to lump quantum computing in with technologies such as fusion power in the sense that both have been proposed for decades with the promise of tremendous leaps in performance.

Whilst fusion power continues to frustrate, there are signs of real progress being made in quantum computing. There is barely a tech giant in the world that doesn’t have dedicated teams working on the topic, and these teams are beginning to bring quantum computing out of the lab and into the real world.

At the forefront of this is IBM, who recently announced that they would connect up a quantum computer to the web and allow us to play with it. The project involves a 5 qubit machine, with a qubit allowing it to operate in both ‘0 and 1’ states at the same time, thus increasing its potential computational power enormously. A one qubit machine has roughly 16 possible states, but once you get over 300, you begin to exceed the number of atoms in the universe.

Read more

The question breaks down into two parts:

  1. For what public benefit? —and—
  2. No, it cannot be achieved in this way

Governments are in the business of regulating certain activities—hopefully in an effort to serve the public good. In the case of business methods and activities, their goal is to maintain an orderly marketplace; one that is fair, safe and conducive to economic growth.

But regulation that lacks a clear purpose or a reasonable detection and enforcement mechanism is folly. Such regulation risks making government seem arbitrary, punitive or ineffective.

QR Code_CRYPSA-001«— This is money. It is not a promissory note, a metaphor, an analogy or an abstract representation of money in some account. It is the money itself. Unlike your national currency, it does not require an underlying asset or redemption guarantee.

Bitcoin is remarkably resistant to effective regulation because it is a fully distributed, peer-to-peer mechanism. There is no central set of books, no bank to subpoena, and no central committee to pressure (at least not anyone who can put the genie back into the bottle). In essence, there is no choke point or accountable administrative party.

Sure—it is possible to trace some transactions and legislate against ‘mixers’ and other anonymization methods—but there is no way to prevent a transaction before it occurs or to know the current distribution of assets. Bitcoin can exist as a printed QR code and it can be transmitted from a jail cell with a blinking flashlight. Sending bitcoin from Alice to Bob has no intermediary. Settlement requires only that one of the parties eventually has access to the Internet. But, there is no credit authority or central asset verification. [continue below image]…

feral_cat_mating-02-ts

If you are thinking of legislating against the use of Bitcoin, you might as well pass laws to ban the mating of feral cats or forbid water from seeping into underground basements. These things are beyond the domain of human geopolitics. You can try to shape the environment (e.g. offer incentives to cats and water levels), but you cannot stop sex or seepage.

Fortunately, Bitcoin is not a threat to governments—not even to spending or taxation. A gross misunderstanding of economics and sociology has led some nations to be suspicious of Bitcoin, but this improper perception is abating. Governments are gradually recognizing that Bitcoin presents more of an opportunity than a threat.

I have written more extensively on this issue:

Philip Raymond is co-chair of Cryptocurrency Standards Association, MC for The Bitcoin Event in NY and board member for Lifeboat Foundation. This fall, he will teach Cryptocurrency and The Blockchain in Massachusetts.

Garage startup (credit: Chase Dittmer)

By Director of UWA Centre for Software Practice, University of Western Australia

Pharmaceutical companies typically develop new drugs with thousands of staff and budgets that run into the billions of dollars. One estimate puts the cost of bringing a new drug to market at $2.6 billion with others suggesting that it could be double that cost at $5 billion.

One man, Professor Atul Butte, director of the University of California Institute of Computational Health Sciences, believes that like other Silicon Valley startups, almost anyone can bring a drug to market from their garage with just a computer, the internet, and freely available data.

In a talk given at the Science on the Swan conference held in Perth this week, Professor Butte outlined the process for an audience of local and international scientists and medics.

Read more

Here in the Lifeboat Blog, I have the luxury of pontificating on existential, scientific and technical topics that beg for an audience—and sometimes—a pithy opinion. Regular Lifeboat readers know that I was recently named most viewed Bitcoin writer at Quora under a Nom de Plume.

Quora is not a typical Blog. It is an educational site. Questions and numerous answers form the basis of a crowd-sourced popularity contest. Readers can direct questions to specific experts or armchair analysts. A voting algorithm leads to the emergence of some very knowledgeable answers, even among laypersons and ‘armchair’ experts.

During the past few weeks, Quora readers asked me a litany of queries about Bitcoin and the blockchain, and so I am sharing selected Q&A here at Lifeboat. This is my professional field—and so, just as with Mr. Trump, I must resist an urge to be verbose or bombastic. My answers are not the shortest, but they are compact. Some employ metaphors, but they explain complex ideas across a broad audience.

As you browse some recent Bitcoin questions below, click a question for which you know the least. (Example: Do you know what the coming ‘halving event’ is about?). Leave a comment or question. I am interested in your opinion.


Philip Raymond sits on Lifeboat’s New Money Systems Board, is co-chair of the
The Cryptocurrency Standards Association, and is a most viewed writer at Quora.

If aliens sent you an encrypted binary message, could you answer? René Heller, an astrophysicist at the Max Planck Institute for Solar System Research, wants to hear from you.

Last month, Heller posed a hypothetical question as part of the #SETIDecryptChallenge: “Suppose a telescope on Earth receives a series of pulses from a fixed, unresolved source beyond the solar system,” he wrote. “It turns out the pulses carry a message.”

The encrypted message is a vast sea of 0’s and 1’s. You can see it here, but here’s a GIF for your convenience.

Read more

The debate over which bathroom transgender people can use has been taking over the Internet and our social conversations for weeks now, and it’s getting a bit ridiculous. Transgender people have always used the bathroom that they feel comfortable with, whether it’s the bathroom that belongs to the sex they were born with or not, and there have been no problems.

In the heat of this debate, Americans are not only divided on the issue but collectively distracted from bigger, more important issues, such as the fact that there are three nuclear disasters occurring throughout the nation that have been getting no media attention.

One major disaster that will soon come to head all started with a fire at the Bridgeton Landfill in Missouri that has been burning for five years. Despite this extremely long length of time, authorities say that this fire is nowhere close to being contained. What’s more is that St. Louis County officials have reported that they have an emergency plan in place because the fire is closing in on nuclear waste dump.

Read more

How could global economic inequality survive the onslaught of synthetic organisms, micromanufacturing devices, additive manufacturing machines, nano-factories?
(http://www.beliefnet.com/columnists/lordre/2016/04/obsessed-…L36KMDo.99)

Narrated by Harry J. Bentham, author of Catalyst: A Techno-Liberation Thesis (2013), using the introduction from that book as a taster of the audio version of the book in production. (http://www.clubof.info/2016/04/liberation-technologies-to-come.html)

Paperback: http://www.amazon.com/Catalyst-Techno-Liberation-Harry-J-Ben…atfound-20

Kindle: http://www.amazon.com/Catalyst-Techno-Liberation-Harry-J-Ben…atfound-20

Audio: coming soon!