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Luís F. Simões

Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen - 10 views

  • After month of research and discovery, we’ve learned the following:1. Bitcoin is a technologically sound project.2. Bitcoin is unstoppable without end-user prosecution.3. Bitcoin is the most dangerous open-source project ever created.4. Bitcoin may be the most dangerous technological project since the internet itself.5. Bitcoin is a political statement by technotarians (technological libertarians).*6. Bitcoins will change the world unless governments ban them with harsh penalties.
  • The benefits of a currency like this:a) Your coins can’t be frozen (like a Paypal account can be)b) Your coins can’t be trackedc) Your coins can’t be taxedd) Transaction costs are extremely low (sorry credit card companies)
  • An individual with the name -- or perhaps handle -- of Satoshi Nakamoto first wrote about bitcoins in a paper called Bitcoin: A Peer-to-Peer Electronic Cash System.
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  • * We made this term up to describe the “good people” of the internet who believe in the fundamental rights of individuals to be free, have free speech, fight hypocrisy and stand behind logic, technology and science over religion, political structure and tradition. These are the people who build and support things like Wikileaks, Anonymous, Linux and Wikipedia. They think that people can, and should, govern themselves. They are against external forms of control such as DRM, laws that are bought and sold by lobbyists, and religions like Scientology. They include splinter groups that enforce these ideals in the form of hacktivism, such as the takedown of the Sony Playstation Network after Sony tried to prosecute a hacker for unlocking its console.
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    Sounds good!
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    wow it's frigthening! it's the dream of every anarchist, every drug, arm, human dealer! the world made as a global fiscal paradise... the idea is clever however it will not replace real money because 1 - no one will build a fortune on bitcoin if a technological breakthrough can ruin them 2 - government never allowed parallel money to flourish on their territory, so it will be almost impossible to change bitcoin against euros or dollars
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    interesting stuff anyone read cryptonomicon by neal stephenson? similar theme.
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    :) yes. One of the comments on reddit was precisely drawing the parallels with Neal Stephenson's Snowcrash / Diamond Age / Cryptonomicon. Interesting stuff indeed. It has a lot of potential for misuse, but also opens up new possibilities. We've discussed recently how emerging technologies will drive social change. Whether it's the likes of NSA / CIA who will benefit the most from the Twitters, Facebooks and so on, by gaining greater power for control, or whether individuals are being empowered to at least an identical degree. We saw last year VISA / PayPal censoring WikiLeaks... Well, here's a way for any individual to support such an organization, in a fully anonymous and uncontrollable way...
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    One of my colleagues has made a nice, short write-up about BitCoin: http://www.pds.ewi.tudelft.nl/~victor/bitcoin.html
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    very nice analysis indeed - thanks Tamas for sharing it!
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    mmm I'm not an expert but it seemed to me that, even if these criticisms are true, there is one fundamental difference between the money you exchange on internet via your bank, and bitcoins. The first one is virtual money and the second one aims at being real, physical, money, even if digital, in the same way as banknotes, coins, or gold.
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    An algorithm wanna-be central bank issuing untraceable tax free money between internet users? not more likely than the end of the world supposed to take place tomorrow, in my opinion. Algorithms don't usually assault women though !:P
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    well, most money is anyway just virtual and only based on expectations and trust ... (see e.g. http://en.wikipedia.org/wiki/Money_supply) and thus if people trust that this "money" has some value in the sense that they can get something of value to them in exchange, then not much more is needed it seems to me ...
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    @Leopold: ok let's use the rigth words then. Bitcoin aim at being a currency ("physical objects generally accepted as a medium of exchange" from wikipedia), different than the "demand deposit". In the article proposed by Tamas he compares what cannot be compared (currencies, demand deposits and their mean of exchange). The interesting question is wether one can create a digital currency which is too difficult to counterfeit. As far as I know, there is no existing digital currency except this bitcoins (and maybe the currencies from games as second life and others, but which are of limited use in real world).
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    well of course money is trust, and even more loans and credit and even more stock and bond markets. It all represents trust and expectations. However since the first banks 500 years ago and the first loans etc. etc., and as well the fact that bonds and currencies bring down whole countries (Greece lately), and are mainly controlled by large financial centres and (central) banks, banks have always been on the winning side no matter what and that isn't going to change easily. So if you are talking about these new currencies it would be a new era, not just a new currency. So should Greece convert its debt to bitcoins ;P ?
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    well, from 1936 to 1993 the central bank of france was owned by the state and was supposed to serve the general interest...
Joris _

Spaceflight Now | Breaking News | ESA needs to 'tighten the belt' amid budget crisis - 2 views

  • ESA is freezing spending
  • France is planning to boost its funding by 12 percent
  • ESA selected Thales Alenia Space and OHB Technology to build the satellites, but the production contract is still bogged down by Germany's complaints about the distribution of MTG work between France and Germany
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    no much news in regard to the january's talk of Dordain althought just a thought : what if ESA tries to make money - as CNES does - rather than just spending it ?
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    to begin with european industry (and probably governments) would complain that ESA was taking business away from industry? or any part that started to make money would be quickly spun-off
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    really bad interview in my view ... btw: how is CNES making money and how much?
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    CNES is known to be a semi-autonomous agency in the sense that it can auto-finance parts of its activities. Besides the money coming from the state, money comes from the participation of CNES in private companies (e.g. Arianespace) and its own activities (e.g. SPOT among others...). It is about 400M€ per year (almost a class-M mission in Cosmic Vision). For the figures (in French): http://www.cnes.fr/automne_modules_files/standard/public/p4354_c050f7963b54a839a843723401bfddf2budget.pdf
ESA ACT

For those who don't know - what is money? - 0 views

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    When you finally get bored asking "what is love?", ask: "what is money?" There's of course a bit of propaganda, but one thing seems to be true - one day, the system *will* collapse.
johannessimon81

Facebook is buying WhatsApp for ~ $ 19e9 - 1 views

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    That is about € 14e9 - enough to pay more than a million YGTs for half a year. Could we use maybe just half a million YGTs for half a year to build a similar platform and keep the remaining € 7e9 for ourselves? Keep in mind that WhatsApp only has 45 employees (according to AllThingsD: http://goo.gl/NtJcSj ). So we would have an advantage > 10000:1. On the other hand does this mean that every employee at WhatsApp gets enough money now to survive comfortably for ~5000 years or will the inevitable social inequality strike and most people get next to nothing while a few get money to live comfortably for ~1000000 years? Also: Does Facebook think about these numbers before they pay them? Or is it just a case of "That looks tasty - lets have it"? Also (2): As far as I can see all these internet companies (Google, Facebook, Yahoo, WhatsApp, Twitter...) seem to make most of their income from advertising. For all these companies together that must be a lot of advertising money (turns out that in 2013 the world spent about $ 500 billion on advertising: http://goo.gl/vYog15 ). For that money you could of course have 20 million YGTs roaming the Earth and advertising stuff door-to-door... ... ...
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    Jo, thats just brilliant... 500billion USD total on advertising, that sounds absolutely ridiculous.. I always wondered whether this giant advertisement scheme is just one big 'ponzi'-like scheme waiting to crash down on us one day when they realize, cat-picture twittering fb-ing whatsapping consumers just aint worth it..
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    The whole valuation of those internet companies is a bit scary. Things like the Facebook and Twitter ipo numbers seem just ridiculous.
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    Facebook is not really so much buying into a potential good business deal as much as it's buying out risky competition. Popular trends need to be killed fast before they take off the ground too much. Also the amount of personal data that WhatsApp is amassing is staggering. I have never seen an app requesting so many phone rights in my life.
Luzi Bergamin

Prof. Markrams Hirnmaschine (Startseite, NZZ Online) - 2 views

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    A critical view on Prof. Markram's Blue Brain project (in German).
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    A critical view on Prof. Markram's Blue Brain project (in German).
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    so critical that the comment needed to be posted twice :-) ?
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    Yes, I know; I still don't know how to deal with this f.... Diigo Toolbar! Shame on me!!!
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    Would be nice to read something about the modelling, but it appears that there is nothing published in detail. Following the article, the main approach is to model each(!) neuron taking into account the spatial structure of the neurons positions. Once achieved they expect intelligent behaviour. And they need a (type of) supercomputer which does not exist yet.
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    As far as I know it's sort of like "Let's construct an enormous dynamical system and see what happens"... i.e. a waste of taxpayer's money... Able to heal Alzheimer... Yeah... Actually I was on the conference the author is mentioning (FET 2011) and I have seen the presentations of all 6 flagship proposals. Following that I had a discussion with one of my colleagues about the existence of limits of the amount of bullshit politicians are willing to buy from scientists. Will there be a point at which politicians, despite their total ignorance, will realise that scientists simply don't deliver anything they promise? How long will we (scientists) be stuck in the viscous circle of have-to-promise-more-than-predecessors in order to get money? Will we face a situation when we'll be forced to revert to promises which are realistic? To be honest none of the 6 presentations convinced me of their scientific merit (apart from the one on graphene where I have absolutely no expertise to tell). Apparently a huge amount of money is about to be wasted.
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    It's not just "Let's construct an enormous dynamical system and see what happens", it's worse! Also the simulation of the cosmological evolution is/was a little bit of this type, still the results are very interesting and useful. Why? Neither the whole cosmos nor the human brain at the level of single neurons can be modelled on a computer, that would last aeons on a "yet-to-be-invented-extra-super-computer". Thus one has to make assumptions and simplifications. In cosmology we have working theories of gravitation, thermodynamics, electrodynamics etc. at hand; starting from these theories we can make reasonable assumptions and (more or less) justified simplifications. The result is valuable since it provides insight into a complex system under given, explicit and understood assumptions. Nothing similar seems to exist in neuroscience. There is no theory of the human brain and apparently nobody has the slightest idea which simplifications can be made without harm. Of course, Mr. Markram remains completely unaffected of ''details'' like this. Finally, Marek, money is not wasted, we ''build networks of excellence'' and ''select the brightest of the brightest'' to make them study and work at our ''elite institutions'' :-). I lively remember the stage of one of these "bestofthebest" from Ivy League at the ACT...
LeopoldS

Meet The Man Who Paid A Record $335,000 For Virtual Property - Oliver Chiang - SelectSt... - 7 views

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    does he also have to pay property tax?
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    "He says he made the purchase partly because he wants to be able to spend more time in the virtual world. Before, he was averaging 10 to 20 hours per week. He wants to be able to spend about 40 to 60 hours a week now, basically making running the virtual asteroid a full-time job. (He'll also be cutting back on the time he spends developing software in real life.)"
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    From what I remember when I visited the developer/producer company HQ, he wouldn't have to pay any taxes. If he has a virtual business he might have to pay them a license fee. If you want to start a virtual bank, you would need to buy a banking license. The money thing is quite regulated in this enviroment, so probably that's why property prices can be quite high.
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    Remember the study but have completely zapped that this was with this company ... GSP rules :-)
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    so how does that state get his money from this type of economy? where is the VAT in there?
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    Last time I checked the "state" was still loosing money. But their main income is the sale of resources. Mostly new land, but I believe at some point they wanted to sell their initial planet too.
Francesco Biscani

STLport: An Interview with A. Stepanov - 2 views

  • Generic programming is a programming method that is based in finding the most abstract representations of efficient algorithms.
  • I spent several months programming in Java.
  • for the first time in my life programming in a new language did not bring me new insights
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  • it has no intellectual value whatsoever
  • Java is clearly an example of a money oriented programming (MOP).
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    One of the authors of the STL (C++'s Standard Template Library) explains generic programming and slams Java.
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    "Java is clearly an example of a money oriented programming (MOP)." Exactly. And for the industry it's the money that matters. Whatever mathematicians think about it.
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    It is actually a good thing that it is "MOP" (even though I do not agree with this term): that is what makes it inter-operable, light and easy to learn. There is no point in writing fancy codes, if it does not bring anything to the end-user, but only for geeks to discuss incomprehensible things in forums. Anyway, I am pretty sure we can find a Java guy slamming C++ ;)
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    Personally, I never understood what the point of Java is, given that: 1) I do not know of any developer (maybe Marek?) that uses it for intellectual pleasure/curiosity/fun whatever, given the possibility of choice - this to me speaks loudly on the objective qualities of the language more than any industrial-corporate marketing bullshit (for the record, I argue that Python is more interoperable, lighter and easier to learn than Java - which is why, e.g., Google is using it heavily); 2) I have used a software developed in Java maybe a total of 5 times on any computer/laptop I owned over 15 years. I cannot name of one single Java project that I find necessary or even useful; for my usage of computers, Java could disappear overnight without even noticing. Then of course one can argue as much as one wants about the "industry choosing Java", to which I would counterargue with examples of industry doing stupid things and making absurd choices. But I suppose it would be a kind of pointless discussion, so I'll just stop here :)
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    "At Google, python is one of the 3 "official languages" alongside with C++ and Java". Java runs everywhere (the byte code itself) that is I think the only reason it became famous. Python, I guess, is more heavy if it were to run on your web browser! I think every language has its pros and cons, but I agree Java is not the answer to everything... Java is used in MATLAB, some web applications, mobile phones apps, ... I would be a bit in trouble if it were to disappear today :(
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    I personally do not believe in interoperability :)
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    Well, I bet you'd notice an overnight disappearance of java, because half of the internet would vanish... J2EE technologies are just omnipresent there... I'd rather not even *think* about developing a web application/webservice/web-whatever in standard C++... is it actually possible?? Perhaps with some weird Microsoft solutions... I bet your bank online services are written in Java. Certainly not in PHP+MySQL :) Industry has chosen Java not because of industrial-corporate marketing bullshit, but because of economics... it enables you develop robustly, reliably, error-prone, modular, well integrated etc... software. And the costs? Well, using java technologies you can set-up enterprise-quality web application servers, get a fully featured development environment (which is better than ANY C/C++/whatever development environment I've EVER seen) at the cost of exactly 0 (zero!) USD/GBP/EUR... Since many years now, the central issue in software development is not implementing algorithms, it's building applications. And that's where Java outperforms many other technologies. The final remark, because I may be mistakenly taken for an apostle of Java or something... I love the idea of generic programming, C++ is my favourite programming language (and I used to read Stroustroup before sleep), at leisure time I write programs in Python... But if I were to start a software development company, then, apart from some very niche applications like computer games, it most probably would use Java as main technology.
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    "I'd rather not even *think* about developing a web application/webservice/web-whatever in standard C++... is it actually possible?? Perhaps with some weird Microsoft solutions... I bet your bank online services are written in Java. Certainly not in PHP+MySQL :)" Doing in C++ would be awesomely crazy, I agree :) But as I see it there are lots of huge websites that operate on PHP, see for instance Facebook. For the banks and the enterprise market, as a general rule I tend to take with a grain of salt whatever spin comes out from them; in the end behind every corporate IT decision there is a little smurf just trying to survive and have the back covered :) As they used to say in the old times, "No one ever got fired for buying IBM". "Industry has chosen Java not because of industrial-corporate marketing bullshit, but because of economics... it enables you develop robustly, reliably, error-prone, modular, well integrated etc... software. And the costs? Well, using java technologies you can set-up enterprise-quality web application servers, get a fully featured development environment (which is better than ANY C/C++/whatever development environment I've EVER seen) at the cost of exactly 0 (zero!) USD/GBP/EUR... Since many years now, the central issue in software development is not implementing algorithms, it's building applications. And that's where Java outperforms many other technologies." Apart from the IDE considerations (on which I cannot comment, since I'm not a IDE user myself), I do not see how Java beats the competition in this regard (again, Python and the huge software ecosystem surrounding it). My impression is that Java's success is mostly due to Sun pushing it like there is no tomorrow and bundling it with their hardware business.
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    OK, I think there is a bit of everything, wrong and right, but you have to acknowledge that Python is not always the simplest. For info, Facebook uses Java (if you upload picture for instance), and PHP is very limited. So definitely, in company, engineers like you and me select the language, it is not a marketing or political thing. And in the case of fb, they come up with the conclusion that PHP, and Java don't do everything but complement each other. As you say Python as many things around, but it might be too much for simple applications. Otherwise, I would seriously be interested by a study of how to implement a Python-like system on-board spacecrafts and what are the advantages over mixing C, Ada and Java.
Joris _

DailyTech - NASA Releases iPhone App - 2 views

  • The U.S. space agency has worked more diligently the past few years to better interact with the public.
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    what about ESA?
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    have already sent it as a suggestion to our com department ... btw: installed the app and its really well done!!
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    God no, why give more taxpayers' money to the shittiest, greediest and most closed company out there??
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    why "more" ... do they get any taxpayers money? answer to your question: because its the most efficient (and coolest) platform to convey your message to a larger audience with relatively little effort ... btw: just ordered a time capsule for home :-)
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    I said "more" because we already gave them money in the form of Sophia and Atlas :) If we want to be consistent in promoting "open" efforts (open innovation, open source, open governance, etc.) we should avoid Apple like the plague. They are far far worse than Microsoft in terms of closedness, secrecy, shady market practices and vendor lock-in. Just google a bit and you will find lots of example of their behaviour.
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    cant' really argue about the Apple practices, although I ve read some things. I think the NASA app is more like a news feed and nothing more. But that online crowdsourcing game we had in mind, now that would be cool in a mobile version - new mobiles also have accelerometers nowadays
LeopoldS

New Space Applications Supported By Open Data And Crowdsourcing | ESA's ARTES Applications - 4 views

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    Artes-20 embracing crowdsourcing and putting substantial money into it - at least its first step
Dario Izzo

Create the Future Design Contest 2010 - 1 views

shared by Dario Izzo on 25 May 10 - Cached
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    Easy money.....
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    So an idea for a "product that could benefit society, protect our planet, or create jobs" is worth $20,000? And then they take the idea and earn billions? Well...
Nicholas Lan

Betting on Green - 5 views

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    breakthroughs vs. accelerated deployment in climate change mitigation technologies.
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    interesting guy indeed ... "Forget today's green technologies like electric cars, wind turbines, solar cells and smart grids, in other words. None meets what Mr Khosla calls the "Chindia price"-the price at which people in China and India will buy them without a subsidy. "Everything's a toy until it reaches that point," he says. I also like this one since its a bit like ACT topic selection: ""I am only interested in technologies that have a 90% chance of failure but, if they do succeed, would change the infrastructure of society in some radical way," he says." should we propose SPS to him ? :-)
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    one more: ""I never compute returns. If you start forecasting cash flows, you lose innovation, you lose instinct. You average yourself down to mediocrity." "I've had many more failures than successes in my life," admits Mr Khosla. "My willingness to fail gives me the ability to succeed."
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    indeed. puts me in mind of the often reinvented private ACT idea. actually there's a bunch of interesting looking articles on his website. http://www.khoslaventures.com/khosla/papers.html . No sps in the solar one as far as i can tell :) found this bit intriguing too in that, albeit presumably out of context, it doesn't make sense ""The solution to our energy problems is almost the exact opposite of what Khosla says," declares Joseph Romm, who is the editor of Climate Progress, an influential climate blog, and a senior fellow at the Centre for American Progress Action Fund, a think-tank. "Technology breakthroughs are unlikely to be the answer. Accelerated deployment of existing technologies will get you down the cost curve much more rapidly than a breakthrough."" found this seemingly not very well considered piece (to be fair a blog post) by the guy http://climateprogress.org/2010/07/02/is-anyone-more-incoherent-than-vinod-khosla/ . maybe he's written some more convincing stuff in this vein somewhere.
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    "Mr Khosla (...) is investing over $1 billion of his clients' money in black swans" Well, with his own money his approach might be a little different :-)
LeopoldS

Human Brain Project - Goals - 3 views

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    can we contribute in any way to this - or alternatively benefit from this research already now?
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    Watch out!! I read quite a lot about the contribution by EPFL (apparently coordinator) and their boss, Henry Markram. From what I read, this is not really science, but mainly a PR campaign. The main motor in this project is attracting a lot of money and the main aim to do so is promising a lot of stuff that nobody will be able to deliver. Accordingly, Markram is a very controversial person in the business...
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    Oups, sorry! Of course I meant, "the main MEAN to do so...", but the aim justifies the means. Well, that's exactly Markram's motto, I guess.
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    interesting info indeed ... I though still think that the overall goal of this project, even if too ambitious for the time being is interesting, no?
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    It's not about interesting or not, it's about serious science or not. Also the goal of a fortune-teller is interesting, isn't it? Any description of a good science project is too ambitious, that's normal and not necessarily PR. But personally I think there is a certain limit where a science project becomes a bad SciFi thriller. This one here is a dime novel, I think. But the too ambitious is not the only point I became very doubtful. I have seen quite a number of scientists and engineers from different fields; what I read about the character and attitude of this guy just hints towards the worst case scenario. It's presumptive evidence, I know...
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    that bad! wow ....
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    You know me, I'm the bullshitter... You remember Kurzweil and his Singularity-nonsense. In a way this was very similar. Though I think Kurzweil and Markram are very different characters (The Singularity essentially is a religion, I can't see anything like that in Markram's claims) they seem to share an important point: they are both complete nerds that apparently never spent a single thought on the limits of science (in its English meaning) in general nor of their particular research field in specific. One may find this excusable, I don't. But even then, they make claims that the nerdest nerd must know that they are completely unrealistic and thus I just have to assume that they claim their nonsense on purpose. The reason in Markram's case clearly seems to be money. But all this does not mean that these nerds cannot produce valuable results.
nikolas smyrlakis

Secret of Googlenomics: Data-Fueled Recipe Brews Profitability - 0 views

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    How Google finally makes its money, we were having this discussion some time ago
Tobias Seidl

Green Car Congress: BMW Introduces Intelligent Alternator Control with Regenerative Bra... - 0 views

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    I know, it is not a new concept, but apparently the guys from BMW put some money into it to make is series-proof. Could we - in principle - put something like that onto a spacecraft to solve thermal and energy problems at the same time?
ESA ACT

Russia Pours Billions in Oil Profits Into Nanotech Race - 0 views

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    José - I think that we might have a look and find out where are the exactly investing and how they spend the money ....
Dario Izzo

Updated: European neuroscientists revolt against the E.U.'s Human Brain Project | Scien... - 4 views

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    Summary of the critics: the project cannot but fail, its a waste of money that will dry funds for serious research and will thus create an enormous disappointment in the public opinion that is, ultimately, the real funder of the project
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    Told you from the very beginning...
tvinko

Travelling Salesman movie - 4 views

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    related conspiracy: politicians know that P=NP but they do not let us know the proof
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    did you put money on this? I would love to see it :)
Luís F. Simões

Billion-euro brain simulation and graphene projects win European funds - 1 views

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    winners of the Future and Emerging Technologies (FET) Flagship competition (informally) announced
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    Hopefully the money wasted on the brain project will be offset by the gains on graphene... When I heard the proposals presentations on fet11 conference back in 2011, the graphene project was my bet.. Although its motivations were mostly political ("everyone else is working on graphene so if Europe won't do something, we'll soon be far behind"), in contrast to other projects it appeared to have well defined tangible objectives and gave hope of actually delivering something.
LeopoldS

US Air Force Strategy article on SPS - 1 views

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    From Garretson ... À bit tendentious but nice read ...
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    actually its nice - perhaps without true patriotic/military backup lots of great things will never happen!
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    The more money they spend on this the less they spend on destruction and killing :-) so yes, most welcome ...
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