Tech

Bitcoin – A Textbook Example of Investing Psychology

Bitcoin seems unstoppable. Since I last wrote about it in June, the price has doubled again. And with every new high, the bitcoin community gets more emboldened in their view that bitcoin is changing the world. I however, remain unconvinced. The blockchain certainly will change the world, but cryptocurrencies not so much. Nothing has changed,…

Will Intelligent Machines Take All Our Jobs?

We live in exciting times. The speed of technological progress is breathtaking. In my lifetime, I have seen the world change from one without the world wide web and few computers, to computers being ubiquitous, and incredibly powerful. As a child I remember us only having one analog, landline phone, with a physical dial wheel,…

The EU is 100% wrong and you know it

I’m not a technical philosopher. I’m not a politician. I’m a coder. I deal with data and decision making processes and I work in small empowered teams usually in a bottom up organisational culture. The relevant buzzword – for what it’s worth – is “agile”. Things seem to work better in bottom up agile structures.…

Building Galt’s Gulch

Astonished. That was the overwhelming thought I was left with after listening to a 73 minute podcast between the brash, sexually liberated, libertarian American, ‘King of the Nerds’, Brian Sovryn and a mild mannered, boat loving, free thinking futurist and software engineer from Scotland named David Irvine. The latter has spent the last 8 years…

Bitcoin founder Satoshi Nakamoto identified

News from Pimlico is that Satoshi Nakamoto has been identified by writer, libertarian and comedian Dominic Frisby, although suspiciously you must buy his book to find out who it is. The big news item was that Frisby reckons he has cracked the identity of the founding genius of Bitcoin, a mysterious figure who is currently…

The dwindling cost of transportation

Compared to the arrangements it replaced, [shipping] containerisation has damn near abolished the cost of transporting stuff by sea, which means that the economic significance of mere geographical proximity has now been, if not abolished, at least radically diminished. Regional trading blocks like EUrope now look like relics from that bygone age when it would…

Project Meshnet

A couple of clicks away from Ven Portman’s call to arms, posted yesterday, is Project Meshnet. When I suggested we needed to help each other learn about distributed computing, this is the kind of thing I had in mind. I like how this video is produced, and I like what it’s selling: One gripe though.…

An argument lost

I found this 1913 article about Sir Charles Macara serendipitously when looking for the nearby article about the “suicide” of Emily Davison via Samizdata. It was on the same page of the original Times paper. We know that the “employers” lost the initial argument over National Insurance and organised themselves after the event to fight…

Time to go distributed

This article on TechCrunch, describes the centralisation of computing and data into silos like Facebook, Twitter, GMail etc, and shows how these developments were enablers of PRISM. The article calls for a new Prometheus to bring us the technology to stop this happening, to render centralisation unnecessary. I emplore any computer programmer to please go…