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Oct 25, 2018

You don’t understand Bitcoin because you think money is real

Posted by in categories: bitcoin, cryptocurrencies, economics, government, internet

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” »

Oct 25, 2018

Artificial intelligence controls quantum computers

Posted by in categories: quantum physics, robotics/AI

Quantum computers could solve complex tasks that are beyond the capabilities of conventional computers. However, the quantum states are extremely sensitive to constant interference from their environment. The plan is to combat this using active protection based on quantum error correction. Florian Marquardt, Director at the Max Planck Institute for the Science of Light, and his team have now presented a quantum error correction system that is capable of learning thanks to artificial intelligence.

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Oct 25, 2018

The US pushes to build unhackable quantum networks

Posted by in categories: cybercrime/malcode, internet, quantum physics

The fiber-optic cables carrying data across the internet are vulnerable to hacking. Two US initiatives aim to fix that by creating super-secure quantum transmissions.

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Oct 25, 2018

Robbed of Nobel, Female Physicist Blazed Her Own Amazing Trail: Watch Her Speak Tonight

Posted by in categories: physics, space

Jocelyn Bell Burnell, astrophysicist extraordinaire who helped discover radio pulsars while a graduate student in 1967 (though only her adviser was recognized when the discovery snagged a Nobel Prize in physics in 1974), is getting long-overdue recognition.

Bell Burnell, now a visiting professor of astrophysics at the University of Oxford and chancellor of Scotland’s University of Dundee, was awarded the weighty Breakthrough Prize in physics in September for her pulsar discovery and science leadership.

Continue reading “Robbed of Nobel, Female Physicist Blazed Her Own Amazing Trail: Watch Her Speak Tonight” »

Oct 25, 2018

Blood pressure pills could raise risk of lung cancer, research finds

Posted by in category: biotech/medical

Other common names for the drugs include captopril, cilazapril and enalapri.

They work by reducing the activity of the angiotensin-converting enzyme, or ACE for short. By blocking this enzyme, the blood vessels relax and widen and blood pressure is lowered.

Continue reading “Blood pressure pills could raise risk of lung cancer, research finds” »

Oct 25, 2018

Astronomers find a universal correlation that could unify the study of star formation

Posted by in category: space

Star formation is one of the most important research fields in astrophysics. This process, in which gravitational instabilities cause the collapse of gas to form more compact structures and finally stars, encompasses a broad range of physical scales. These include star-forming galaxies on the large scale, individual young stars with envelopes and circumstellar disks on the smaller scale, and intermediate scales that include giant molecular clouds and protostellar cores.

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Oct 25, 2018

Art ‘painted’

Posted by in categories: habitats, robotics/AI

A “portrait” that is the first piece of artificial-intelligence art sold by a major auction house shattered estimates, selling for 45 times what was expected.

“Portrait of Edmond de Belamy” was sold Thursday at Christies in New York for $432,500. It had been expected to go for $7,000 to $10,000. The buyer was not revealed.

The painting is one of 11 portraits of a fictional family created so far by the Paris-based art collective Obvious.

Continue reading “Art ‘painted’” »

Oct 25, 2018

SodaStream deploys an ocean-sweeper to clean up plastic waste in the Caribbean Sea

Posted by in category: materials

SodaStream and NGO Plastic Soup are battling plastics in the Caribbean Sea armed with a unique vessel, the “Holy Turtle,” and a coalition of local schoolkids.

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Oct 25, 2018

These Brain-Enhancing Drugs Claim to Make You More Creative

Posted by in categories: biotech/medical, neuroscience

Nootropics or “Smart Drugs” have been credited with enhancing cognitive functions, including creativity. We dug into the research to find out if they really do.

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Oct 25, 2018

An intense storm has wiped out a remote Hawaiian island, and it’s a sign of things to come

Posted by in categories: climatology, sustainability

  • East Island is located about 550 miles northwest of Honolulu, Hawaii.
  • In early October, the island was effectively wiped off the map when Hurricane Walaka swept through it.
  • Scientists say East Island was the nesting ground for 50% of the world’s Hawaiian green sea turtles.
  • It’s unclear if the island will reappear, and scientists expect future hurricanes to be stronger and wetter due to climate change.

An 11-acre island in the Pacific Ocean has vanished after Hurricane Walaka, one of the most powerful storms to sweep through the area, struck the island in early October.

Satellite photos show that East Island, located roughly 550 miles northwest of Honolulu, Hawaii, was wiped off the map during the hurricane.

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