BTC China, the nation’s largest Bitcoin exchange, has had low-level discussions with regulators seeking recognition of the digital currency that would allow it to be used to buy goods and services in the country.

The company has sought to discuss Bitcoin regulations with officials from agencies including the People’s Bank of China, the China Banking Regulatory Commission and the China Securities Regulatory Commission, BTC China Chief Executive Officer Bobby Lee said in a Nov. 29 interview in Shanghai. It’s not yet been able to arrange any high-level meetings, he said.

“They’ll ask us ‘how should you be regulated,’ and I’ll say ‘Hey, here’s what we’ve done proactively and here’s how we think you should regulate us,’” Lee said of the Shanghai-based company’s talks with regulators. Bitcoin is “not on the black list and it’s not on the white list. It’s in the gray area.”

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By Paul Rosenzweig
Monday, December 2, 2013 at 7:00 AM

For those who haven’t been following along, this recent story about 3D printing of plastic guns should be a revelation. 3D printing is one of those technologies where the reality is fast outrunning our imagination. It is, in essence, the ability to construct a product from feedstock using a readily available “printer” linked to a computer where the source code for the product is executed. According the Washington Post’s story, the new plastic guns are capable of firing lethal rounds and, naturally, they are beyond the detection of metal detectors.

But for every “parade of horrible story” about 3D printing there’s also one of great promise. For example, NASA recently announced plans to send a 3D printer to the space station. This development, combined with the development of printing for metal objects (from liquid metal feedstock) means that many of our concepts of logistics will go out the window. If a manufacturer can construct metal parts from an easily transported feed stock then, as Andrew Filo, a consultant with NASA on the 3D space station printing project, said: “You can get rid of concepts like rationing, scarce or irreplaceable.” That’s a truly extraordinary development.

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I believe Google is making a huge mistake in completely banning facial recognition systems for its Glass product. In my opinion, such a system could be used to help save thousands of lives. But then, we’re too damn caught up on absolute privacy that we’re willing to sacrifice actual, physical lives to ensure our privacy remains untainted. Such individualist dogma is deadly.

According to the Amber Alert webpage, “A child goes missing in the United States every 40 seconds,” and that “More than 700,000 children go missing annually.” That is an absolutely frightening statistic! Much more frightening than the prospect that some Glass user may know my name.

How far are we willing to go to ensure absolute privacy isn’t diminished whatsoever? When does the right of privacy begin interfering with the right of safety? Can the two come together in harmony, or are they destined to be in conflict until society finally reaches a decision over one or the other?

Continue reading “Google’s Anti-Facial Recognition Policy for Glass is Deadly” »

General Electric (GE), on the hunt for ways to build more than 85,000 fuel nozzles for its new Leap jet engines, is making a big investment in 3D printing. Usually the nozzles are assembled from 20 different parts. Also known as additive manufacturing, 3D printing can create the units in one metal piece, through a successive layering of materials. The process is more efficient and can be used to create designs that can’t be made using traditional techniques, GE says. The finished product is stronger and lighter than those made on the assembly line and can withstand the extreme temperatures (up to 2,400F) inside an engine. There’s just one problem: Today’s industrial 3D printers don’t have enough capacity to handle GE’s production needs, which require faster, higher-quality output at a lower cost.

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A college student quickly made over $24,000 just by waving this sign on TV.

Here’s the deal: Yesterday on ESPN’s “College GameDay” (an ESPN college football show that’s filmed at a different college campus each week) some student held the above sign that has both the Bitcoin logo and a QR code.

A QR code is a visual representation of any kind of information (frequently a URL for a website). In this case, the code represented a Bitcoin wallet.

On Reddit, Bitcoin fans managed to enhance the QR code from the screen in order to identify his wallet, so that people could donate money to him.

In the next five years, the Internet retail giant expects to use small drones to deliver packages to customer doorsteps within 30 minutes of their order.

Amazon is testing a delivery service that uses drones to deliver packages within 30 minutes of an order being placed.

Dubbed Amazon PrimeAir, the service uses 8-propeller drones about the size of a remote-controlled airplane to transport shoe-box-size plastic bins from fulfillment centers to customers’ homes. The service, which still requires more testing and clearance from the Federal Aviation Administration, could take to the skies as soon as four to five years, Amazon CEO Jeff Bezos told Charlie Rose during an interview Sunday on “60 Minutes.”

Continue reading “Amazon testing 'octocopter' package-delivery drones” »

EXCERPT

To further underpin this statement, I will share Peter Drucker’s quote, “…The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday’s logic…” And also that of Dr. Stephen Covey, “…Again, yesterday holds tomorrow hostage .… Memory is past. It is finite. Vision is future. It is infinite. Vision is greater than history…” And that of Sir Francis Bacon, “… He that will not apply new remedies must expect new evils, for time is the greatest innovator …”

And that of London Business School Professor Gary Hamel, PhD., “…You cannot get to a new place with an old map…” And that of Alvin Toffler, “…The future always comes too fast and in the wrong order…”

View the entire presentation at http://lnkd.in/dP2PmCP

Supermanagement! by Mr. Andres Agostini (Excerpt)

“…What distinguishes our age from every other is not the world-flattening impact of communications, not the economic ascendance of China and India, not the degradation of our climate, and not the resurgence of ancient religious animosities. Rather, it is a frantically accelerating pace of change…”

Read the entire piece at http://lnkd.in/bYP2nDC

Whenever I talk about indefinite life extension, the science and tech behind its development, and the desire for individuals to have the ultimate choice of when and how long they wish to live and die, the radical left almost always resorts to the argument, “Yeah, that sounds great, but then the rich aren’t going to provide it for the 99%. They’ll only keep it for themselves and let us die off.” How is this not equivalent to the conspiracy theory that the 1% are withholding the cure for cancer to the general populace?

It’s a bullshit viewpoint, in my opinion. Yes, the 1% are greedy fucks who care more about profits than anything else, but then, I ask you, how do they expect to earn profits from an extinct species?

While you’re trying to figure out an answer for that, I also find the idea that nothing would result from this kind of oppression to be asinine. Why? Here’s a good example: Black Friday. Every year Black Friday customers gather in the hundreds and thousands in each city, literally rioting, fighting, and killing people, just so they can get their hands on consumer products that’ll be outdated by next year. So if the cure for aging is being withheld from the masses, what the fuck do you think the masses are going to do? Just go home and sob? Ha! There’d be warfare on the streets the next morning.

Continue reading “Life Extension on sale for Black Friday? RIOT!” »