Lifeboat Foundation

The question was asked of me as columnist at Quora.com: Will governments eventually ‘approve’ of cryptocurrency? First let’s agree on terminology…

1. By “approve”, I assume that you are asking if governments will adopt or at least tolerate the use of crypto as legal tender in commerce. That is, not just as a payment instrument, but as the money itself—perhaps even accepting tax payments in cryptocurrency.
2. The word “cryptocurrency” is sometimes applied to altcoins and even to ICOs. These are not the same. Many altcoins meet the criteria of the next paragraph, but none of the ICOs measure up (ICOs are scams). I assume that your question applies to Bitcoin or to a fair and transparent altcoin forked from the original code, such as Bitcoin Cash or Litecoin.

A blockchain-based cryptocurrency that is open source, permissionless, capped, fast, frictionless, with a transparent history—and without proprietary or licensing restrictions is good for everyone. It is good for consumers; good for business; and it is even good for government.

Of course, politicians around the world are not quick to realize this. It will take years of experience, education, and policy experimentation.

Many pundits and analysts have the impression that shifting to cryptocurrency—not just as a payment instrument, but as the money itself—will never be supported by national governments. A popular misconception suggests that a cryptocurrency based economy has these undesirable traits:

Continue reading “Will governments ever approve of cryptocurrency?” »

Yet even the U.S. is disturbingly vulnerable—and in some respects is becoming quickly more so. It depends on a just-in-time medical economy, in which stockpiles are limited and even key items are made to order. Most of the intravenous bags used in the country are manufactured in Puerto Rico, so when Hurricane Maria devastated the island last September, the bags fell in short supply. Some hospitals were forced to inject saline with syringes—and so syringe supplies started runn…ing low too. The most common lifesaving drugs all depend on long supply chains that include India and China—chains that would likely break in a severe pandemic. “Each year, the system gets leaner and leaner,” says Michael Osterholm, the director of the Center for Infectious Disease Research and Policy at the University of Minnesota. “It doesn’t take much of a hiccup anymore to challenge it.”

The epidemics of the early 21st century revealed a world unprepared, even as the risks continue to multiply. Much worse is coming.

Continue reading “The Next Plague Is Coming. Is America Ready?” »

We need more walkable cities and fewer cars! If aliens came to our planet they would conclude that cars are the dominant species!

Traffic signals give priority to motor vehicles over pedestrians. This inequality undermines many of the stated goals of transport, health and environment policy.

State and city governments say they want to encourage walking and biking for many reasons:

NHS hospital bosses are debating a reform involving “widespread adoption of artificial intelligence” and “full automation”.

From diagnosis to recovery, machines could take on a range of jobs, a new report suggests.

Denis Campbell Health policy editor.

Continue reading “The robot will see you now: how AI could revolutionise NHS” »

A recent survey of 2,541 Americans by Pew Research Center shows that priorities felt by people are not the same intended by NASA. But: 1) Where the questions t…he most appropriate ones, in order to understand what people really think? 2) Is the NASA’s indicated priority, re-prioritization of human spaceflight by still focusing only on trained astronauts, the best strategic policy, considering the global civilization as the main stakeholder, or even just the US people stakeholder? 3) Which questions were missing, in your opinion, in this survey?

The Trump administration has vowed to make America great again in spaceflight, and the centerpiece of its space policy to date has been a re-prioritization of human spaceflight as central to NASA’s activities. As part of this initiative, the White House has sought to reduce funding for satellites to observe environmental changes on Earth and eliminate NASA’s office of education.

However, a new survey of 2,541 Americans by Pew Research Center, which aims to represent the views of US adults, finds that these views appear to be out of step with public priorities.

Continue reading “NASA’s priorities appear to be out of whack with what the public wants” »

“This, of course, will deepen scientific and technological cooperation at the experts’ level in many areas, including but not limited to, advanced material sources. We are talking here of biotechnology, nanotechnology, data analysis, artificial intelligence, space technology, innovation policy,” Hernandez said.

By Genalyn Kabiling and Argyll Cyrus Geducos

Seoul, South Korea — The country’s vibrant relations with South Korea are expected to be strengthened with the planned cooperation accords on transportation safety, technological development, port expansion, and revitalized trade during President Duterte’s official visit.

Continue reading “Stronger, deeper PH-SoKor ties sought” »

A new podcast I did that talks about #transhmanism:

Zoltan Istvan is a transhumanist, futurist, author, and journalist. He’s a former reporter for National Geographic, ran for president in 2016, and is running for governor of California in 2018 under the libertarian party. In this episode we got into what transhumanism is, what his policy platforms are, and tackled a lot of the questions people generally have around these topics. Enjoy!

Continue reading “#5 Transhumanism, Artificial Intelligence, and Universal Basic Income with Zoltan Istvan” »

Other than the United States, 5 U.S. territories and 12 sovereign nations use the US dollar as their legal currency. (Note that Micronesia covers six sovereign countries).

Additionally, I have traveled to island nations and some countries in Asia and Pacific that peg their currency to the US dollar. In these regions, citizens accept US dollars interchangeably with their own national currency, and their governments don’t seem to discourage or prosecute such transactions.

What gives value to paper?

Continue reading “What Countries use US Dollar and Why?” »

This month I’m participating in Cato Institute’s Cato Unbound discussion. Cato is one of the world’s leading think tanks. Here’s my new and second essay for the project:

Professor David D. Friedman sweeps aside my belief that religion may well dictate the development of AI and other radical transhumanist tech in the future. However, at the core of a broad swath of American society lies a fearful luddite tradition. Americans—including the U.S. Congress, where every member is religious—often base their life philosophies and work ethics on their faiths. Furthermore, a recent Pew study showed 7 in 10 Americans were worried about technology in people’s bodies and brains, even if it offered health benefits.

It rarely matters what point in American history innovation has come out. Anesthesia, vaccines, stem cells, and other breakthroughs have historically all battled to survive under pressure from conservatives and Christians. I believe that if formal religion had not impeded our natural secular progress as a nation over the last 250 years, we would have been much further along in terms of human evolution. Instead of discussing and arguing about our coming transhumanist future, we’d be living in it.

Continue reading “Deniers and Critics of AI Will Only Be Left Behind” »