“Increased Internet connectivity among cars, appliances, major infrastructure and everyday devices has opened the door to new threats of digital terrorism, say experts at the international digital security conference Black Hat.”
Responding to this nugget from Engadget:
Tokyo’s district court has ruled that it’s not possible for people to own bitcoin, and therefore they cannot sue for compensation in the wake of Mt. Gox’s collapse.
The ruling comes days after the head of the world’s largest bitcoin exchange was arrested on charges of fraud. Judge Masumi Kurachi felt that bitcoins do not possess “tangible qualities” to constitute owned property. Mt. Gox held thousands of individual accounts, and so there’s plenty of angry customers looking for compensation.
Here at Lifeboat, we have a long term view of cryptocurrency, and we sense the underpinning of fundamentals that are often overlooked.
My response to the Tokyo court…
A personal stake in Bitcoin is every bit as real (and a bit more tangible) than a personal stake in Yen, Dollars or Euros. Fiat currency is backed by the knowledge that your national government will demand tax payments in kind. But is it tangible? Like any invention of humans, that’s a matter of perception.
a) Dollars / Yen / Euros
Over the long term, national currency is likely to be debased by debt, social welfare, war, political ambition, and a desire to redistribute fruits of labor, typically to assuage political ambitions. A built in mechanism of inflation forces a hidden tax and enables legislators to spend beyond the consent of their constituents.
b) Bitcoin
Bitcoin on the other hand is backed by math. It is an asset without the potential for inflation or manipulation. It is a pure supply-demand currency and a pure 2-sided network—completely unfettered by the chaff that comes with central banks and national treasuries.
A stake in Bitcoin rises over the long haul, because the total quantity of currency is capped. As it is adopted for payments and commerce, a fixed pie is sliced thinner and thinner. This results in increased value per unit. Result: A deflationary economy without the baggage of sluggish economics.
Japan has made a foolish pronouncement; one that will ultimately embarrass their courts. Declaring Bitcoin ethereal is laughable when you consider that paper money is no more tangible than an unfulfilled promise. Likewise, declaring the theft or mismanagement of Bitcoin unworthy of recovery or restitution is no different than declaring the theft of art unworthy of restitution. Consider that each Mt. Gox account holder has proof of a real dollar investment position and an appreciation that is reported and tracked by exchanges all over the world.
Wake up Japan. You have so much more to offer the world than a distorted interpretation of a new technology.
Philip Raymond is Co-Chair of CRYPSA,
Cryptocurrency Standards Association
Study uncovers a role for a protein that works as a master regulator of regeneration in the skin.
My new Huff Post Op-Ed on the Immortality Bus and transhumanism: http://www.huffingtonpost.com/zoltan-istvan/why-a-presidenti…28826.html And if you haven’t donated something to the Indiegogo campaign for the bus, please consider doing so, as there’s only four days left and we’re currently short $9000. Anyone from any country can donate. Please also share the campaign. Thanks! https://www.indiegogo.com/projects/immortality-bus-with-pres…406#/story
On my tour called the “Immortality Bus,” I’m hoping to share with others that we should support a society and culture that is strongly pro-science and pro-longevity. My team and I plan to have embedded journalists aboard the bus, documenting our trip and enlivening the conversation.
Unfortunately, many people in America and around the world — especially those who believe in afterlives — are neutral or even oppose stopping biological death and aging with science. They feel it challenges what is natural in the human species. Transhumanists call these people “deathists,” those who believe and accept that death is a desirable fate.
It can be all too easy to drift through life on automatic, forever putting things off, but statistics and data can give a physicality to things we barely notice or consider most of the time. These diagrams might just give you an entirely new perspective on your life.
Read the full article at The Longevity Reporter: http://www.longevityreporter.org/blog/2015/7/16/think-80-yea…hink-again.
Peter Thiel, Larry Page, Sergey Brin, Bill Maris, Mark Zuckerberg…investment in biotech by leading figures in the world of technology is reaching new heights, with the regenerative medicine market projected to reach $20 billion by 2025 and the overall anti-aging market $345.8 billion by 2018.
These forecasts combined with a recent biotech boom mean that the economic reasons for investing are becoming clear and rising demand is virtually inevitable as the proportion of older individuals continues to grow to unparalleled levels. Bill Gates may have labelled anti-aging efforts as ‘egocentric’, but the investment doesn’t appear to be due to economic reasons alone; there is also a strong humanitarian and aspirational aspect that links some of these individuals together — the desire to utilise technology to create a better society.
‘With all being from a scientific background, Page, Brin and Maris particularly are clear in their belief that science holds the key to radically improving both the human condition and the world we live in — the pinnacle of this being radically prolonging human lifespan. In a recent Bloomberg interview Maris points out we live in an era where science can make all the tools available for any audacious vision out there…To these tech billionaires, evolution is meant to be transcended, and the resources put into organ regeneration, drugs that control ageing, or reprogramming DNA reflects their conviction that people have the right to lead better lives.’
Misfolding proteins and aggregates are a serious problem for a cell; a great range of research has been able to link poor protein ‘quality control’ with a whole range of diseases, perhaps most famously Alzheimer’s disease. Recent work also suggests that the ‘heat shock’ response, a mechanism that protects against misfolding and corrects badly made proteins, may also become impaired with aging. This gradual deterioration could turn out to be one of the most significant drivers of both aging and age-related disease.
In research that support this theory, a recent paper provides evidence that the endoplasmic reticulum (ER), a cellular compartment which is responsible for creating and correctly forming protein structures, loses its oxidative power with age. This means that it loses the ability to form a type of bond called a disulphide bridge, a strong chemical bond which normally stabilises protein structures and holds them in particular shapes. The chemical environment within the ER was shown to change with age, disrupting the delicate equilibrium in the cell and leading to increased oxidative damage in other areas. Proteins moving through the ER on a production line often require disulphide linkages to mature correctly and stabilise their structure, but without this step they’re unable to do so and remain unstable.
This is the product that Google wanted to buy for $300 million and just got denied…
The first vegan burger that ‘bleeds’ like meat.