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Archive for the ‘economics’ category: Page 223

Dec 11, 2013

Bitcoin Believers See a Role for Wall Street

Posted by in categories: bitcoin, business, economics, finance

By WILLIAM ALDEN

Jeremy Allaire, the founder of Circle Internet Financial, a start-up in Boston that seeks to be a payment-processing system for Bitcoin.

A venture capitalist, a former regulator, a lawyer and a pair of entrepreneurs — Bitcoin evangelists all — gathered on Tuesday in the private dining room of an upscale Manhattan restaurant to discuss their vision of a world in which the currency plays a role in mainstream finance.

It may be a far-fetched notion — Bitcoin, despite the attention it has received in recent months, is still largely a plaything for speculators online, with stomach-turning price swings — but it is one that these men have bet millions of dollars can be achieved.

Continue reading “Bitcoin Believers See a Role for Wall Street” »

Dec 11, 2013

Applied Omniscience in Transformative and Integrative Risk Management!

Posted by in categories: big data, biological, biotech/medical, bitcoin, business, climatology, complex systems, cosmology, counterterrorism, defense, economics, education, energy, engineering, environmental, ethics, existential risks, finance, food, futurism, genetics, geopolitics, government, habitats, health, information science, life extension, nanotechnology, neuroscience, physics, policy, robotics/AI, science, scientific freedom, security, singularity, space, supercomputing, surveillance, sustainability, transhumanism, transparency, transportation, treaties

Applied Omniscience in Transformative and Integrative Risk Management! By Mr. Andres Agostini
OMNISCIENCE
This is an excerpt from the presentation, “…Applied Omniscience in Transformative and Integrative Risk Management!…” that discusses some management theories and practices. To read the entire piece, just click the link at the end of article:

Please see the graphic at http://lnkd.in/dUstZEk

Dec 11, 2013

Womb-to-Tomb Management!

Posted by in categories: big data, biological, bitcoin, business, complex systems, cyborgs, economics, education, energy, engineering, environmental, ethics, existential risks, finance, futurism, government, health, information science, philosophy, physics, robotics/AI, science, scientific freedom, security, singularity, supercomputing, sustainability, transhumanism, transparency

Womb-to-Tomb Management! By Mr. Andres Agostini
Womb-To-Tomb Management
This is an excerpt from the presentation, “…Womb-to-Tomb Management!…” that discusses some management theories and practices. To read the entire piece, just click the link at the end of article:

Please see the graphic at http://lnkd.in/dbD4G7e

Dec 10, 2013

NASA’s Managerial and Leadership Methodology

Posted by in categories: big data, biological, bionic, bioprinting, biotech/medical, bitcoin, business, chemistry, complex systems, cyborgs, economics, education, energy, engineering, environmental, ethics, existential risks, finance, food, futurism, genetics, geopolitics, government, health, information science, life extension, military, philosophy, physics, robotics/AI, science, scientific freedom, security, singularity, space, supercomputing, sustainability, transhumanism, transparency, transportation

This is an excerpt from the conclusion section of, “…NASA’s Managerial and Leadership Methodology, Now Unveiled!..!” by Mr. Andres Agostini, that discusses some management theories and practices. To read the entire piece, just click the link at the end of this illustrated article and presentation:

superman
In addition to being aware and adaptable and resilient before the driving forces reshaping the current present and the as-of-now future, there are some extra management suggestions that I concurrently practice:

1. Given the vast amount of insidious risks, futures, challenges, principles, processes, contents, practices, tools, techniques, benefits and opportunities, there needs to be a full-bodied practical and applicable methodology (methodologies are utilized and implemented to solve complex problems and to facilitate the decision-making and anticipatory process).

The manager must always address issues with a Panoramic View and must also exercise the envisioning of both the Whole and the Granularity of Details, along with the embedded (corresponding) interrelationships and dynamics (that is, [i] interrelationships and dynamics of the subtle, [ii] interrelationships and dynamics of the overt and [iii] interrelationships and dynamics of the covert).

Continue reading “NASA's Managerial and Leadership Methodology” »

Dec 10, 2013

Futuretronium Book

Posted by in categories: bionic, bitcoin, business, complex systems, cyborgs, economics, education, energy, engineering, ethics, existential risks, finance, futurism, genetics, geopolitics, government, information science, nanotechnology, neuroscience, philosophy, physics, policy, posthumanism, science, security, singularity, supercomputing, sustainability, transhumanism, transportation

This is an excerpt from, “Futuretronium Book” by Mr. Andres Agostini, that discusses some management theories and practices with the future-ready perspective. To read the entire piece, just click the link at the end of article:

“…#1 Futuretronium ® and the administration and application of the scientific method without innuendos and in crescendo as fluid points of inflections ascertain that the morrow is a thing of the past…”

ADVERSARIAL
”…#2 Futuretronium ®, subsequently, there is now and here available the unabridged, authoritative eclictation and elucidation of actionable knowledge from and for the incessantly arrhythmic, abrupt, antagonistic, mordant, caustic, and anarchistic future, as well as the contentious interrelationship between such future and the present…”

“…#3 Futuretronium ®, a radical yet rigorous strong-sense and critico-creative «Futures Thinking», systems approach to quintessential understanding of the complexities, subtleties, and intricacies, as well as the opportunities to be exploited out of the driving forces instilling and inflicting perpetual change into twenty-first century…”

Read the full book at http://lnkd.in/ZxV3Sz to further explore these topics and experience future-ready management practices and theories.

Dec 10, 2013

JPMorgan Chase Building Bitcoin-Killer

Posted by in categories: bitcoin, business, economics, finance

By BRIAN COHEN

Thanksgiving day, while many of us were eating turkey, The United States Patent and Trademark Office (USPTO) published JPMorgan Chase’s (Chase) patent application 20130317984, “Method and system for processing internet payments using the electronic funds transfer network.” The application was filed with the USPTO on August 5th, 2013.

Without mentioning Bitcoin or cryptocurrencies at all for that matter, Chase appears to be building a competing centralized network to Bitcoin. The application defines the problems that legacy banking has with online transactions and then provides a detailed explanation how Chase will address these problems with this new technology. The application states that Chase’s technology is a “new paradigm.” Moreover that it permits the creation of “virtual cash” (also referred to as “web cash”) with a “real-time digital exchange of value.”

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Dec 10, 2013

Jonah Goldberg: Will rise of machines hurt workers?

Posted by in categories: business, economics, food, government, human trajectories, robotics/AI

Jonah Goldberg, National Review

After you heard President Barack Obama’s call for a hike in the minimum wage, you probably wondered the same thing I did: Was Obama sent from the future by Skynet to prepare humanity for its ultimate dominion by robots?

But just in case the question didn’t occur to you, let me explain. On Tuesday, the day before Obama called for an increase in the minimum wage, the restaurant chain Applebee’s announced that it will install iPad-like tablets at every table. Chili’s already made this move earlier this year.

With these consoles customers will be able to order their meals and pay their checks without dealing with a waiter or waitress. Both companies insist that they won’t be changing their staffing levels, but if you’ve read any science fiction, you know that’s what the masterminds of every robot takeover say: “We’re here to help. We’re not a threat.”

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Dec 10, 2013

PayPal president David Marcus: Bitcoin is good, NFC is bad

Posted by in categories: bitcoin, business, economics, finance

The leader of the payments business looks to the future and says Bitcoin is a good idea — but not yet actually a currency. Tap-to-pay, meanwhile, is a dud.

PayPal President David Marcus at LeWeb

PARIS — Online payments will look completely different in the next decade, and Bitcoin has a better chance at revolutionizing commerce than the NFC tap-to-pay technology, PayPal President David Marcus predicted Tuesday.

“I really like Bitcoin. I own bitcoins,” Marcus said at the LeWeb conference here. However, he believes people today don’t correctly understand what bitcoins actually are, and he’s not yet ready to let people link their bitcoin wallets with their PayPal accounts.

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Dec 5, 2013

Kentucky police chief to be paid in Bitcoin

Posted by in categories: bitcoin, economics
December 4, 2013

Vicco, Ky., is about as small town as it gets, with a population that hovers around 330 people. That does not appear to have kept its residents, namely Police Chief Tony Vaughn, in the dark when it comes to Internet trends and emerging crypto-currencies.

The city commission on Monday approved a measure that would allow Vaughn to receive his salary entirely in Bitcoin, an alleged first in the US and yet another story bolstering the reputation of the unregulated virtual currency as a payment method that will one day, supporters hope, stabilize and become commonplace.

Vaughn’s pay, still set in US dollars, will receive standard federal and state deductions, the Hazard Herald reports, before being converted into Bitcoin based on current trading values at the time of pay and deposited into an account held by Vicco. The Bitcoins will then be transferred to Vaughn’s personal account. The city expects to be able to pay Vaughn this way as early as this month.

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Dec 2, 2013

The secret Hong Kong facility that uses boiling goo to mine Bitcoins

Posted by in categories: bitcoin, economics, engineering

By Rich McCormick on

http://cdn1.sbnation.com/entry_photo_images/9508155/bitcoin9_large_verge_medium_landscape.jpg

A single bitcoin is now worth over $1,000, but the process of mining for the digital currency — in which people devote computing power to facilitate global Bitcoin transactions and secure the currency’s network — is growing increasingly expensive. Serious miners have started to build dedicated facilities for the sole purpose of Bitcoin mining. Journalist Xiaogang Cao visited one such center in Hong Kong, the “secret mining facility” of ASICMINER, reportedly located in a Kwai Chung industrial building.

The mine is the size of a shipping container, and filled with 1-meter-high glass tanks in which banks of blades are immersed in roiling liquid. Each tank can hold 92 blades; the blades themselves are kept at a temperature of 37 degrees Celsius or below by “open bath immersion” technology. Open bath immersion cools computer components by submersing them in liquid with a particularly low boiling point. The heat the components generate mining for coins boils the liquid, causing it to turn gaseous, rise up to a condenser at the top of the tank, and fall once again, removing heat from the components in the process. The ASICMINER open bath immersion system was reportedly built by Hong Kong-based company Allied Control, and operates at a Power Usage Effectiveness of 1.02, which “would make it one of the most efficient designs in the world.”

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