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Engineering, Technology and Other Talents (Homebrew)

Hello, everyone. I am sharing some homebrew adjustments to some Talents. If you have any suggestions or comments, please share them.
Student Talent Additions (Research/Studying Karma Reward): If a PC possesses the Student Talent, he/she can earn +3 Karma for conducting academic research. The research time has to be at least 1 game-hour, and the reward is only given once per game-day. The maximum amount of game-time used per game-day for research is 8 hours, thus [8(3) = 24] 24 Karma is the daily maximum. The PC must declare what he/she is researching before any rewards are distributed. If a PC is studying a form of technology, for example an alien-made robot salvaged from a battle, the same rewards apply. This system could be used if a sorcerer is conducting magical exploration at a mystical library.
If the PC holds the Student Talent, going to class could be another way to earn Karma. It could be a physical lab/classroom or going online. Doing so, a PC can earn +3 Karma per class attended. Performing homework assignments are also +3 worth of Karma.
To make being a Student challenging, I would have the PC make Reason FEATs to pass tests, quizzes, exams and drafting essays/papers. Passing a science and/or a magical test would require a Yellow Reason FEAT. Passing a liberal studies or humanities test requires a Green Reason FEAT. A passed test would be a (+5) Karma reward, a failed exam would be (-5) Karma score.
A PC with the Student Talent could earn 2(1d10) Karma by giving a college/university TEDx Talk. This reward is issued per lecture. In addition, a superhero can earn college credit performing one.
*Astronautics: The science of the construction and design of vehicles for travel in space beyond a planet’s atmosphere. A PC with this Talent can study and/or conduct research on existing spacecraft, earning Karma like the Student Talent. In addition, he/she can attempt to build such vehicles, with a +1 CS Reason and -1CS Resource bonus and refer to Aliens & Space Travel spacecraft engineering charts (pp. 5-8). This skill takes up two (2) initial Talent slots.
*Salvage: Talent allows an individual to enter any waste area (junkyard, alleyway dumpster, landfill, illegal dumping spot, hazard/trial zone, corporation-owned pocket dimension, etc.) and find components for inventions/modifications. Intuition or Reason, whichever is higher, is (+1CS) when searching. Finding anything takes time (1-10 hours, must be rolled with a 1d10). A successful FEAT determines the found item. This method reduces the cost of a device (-1CS). In addition, a PC with this skill gains a Waste-Facility/Recycling Business Contact. This skill takes up two (2) Talent slots.
Cryptocurrency: This is a specialized form of Business/Finance. The PC is familiar with the world of cryptocurrency, blockchain technology, the history of Bitcoin, electronic-coin finance and how digital money can be mined. Initial Resources are a minimum of Good, and the PC gains a +1CS for FEAT rolls dealing with spending, investing and trading digital cash. A hero gains a Contact in the Professional category. A villain gains a Contact in the Criminal Business category and knows how the Black Market/Web works.
*Quantum Physics Technology: Having a background in research and development on quantum physics, the hero with this talent can create, repair and tinker with devices that allow teleportation, wormhole travel and integrate warp capabilities and hyperdrive into spacecrafts. Also, this Talent allows the practitioner to create a phase armobattle-suit and/or “phase compatible” devices. The PC can make artificial versions of the following powers: Dimension Travel, Gateway, Teleport Self or Teleport Others (Ultimate Talents Book, p. 23-24). This skill takes up two (2) Talent slots.
*Nanotechnology: This specialized skill focuses on modifying created inventions, by reducing their size. PCs with this Talent can ignore any modifiers relating to size reduction (ex. Portable, Cannot Normally Be Seen, Microscopic, Nano-level and/or Pocket-Sized). This skill takes up two (2) Talent slots.
References
Aliens & Space Travel. https://classicmarvelforever.com/cms/netbooks-and-enhancements.html
Ultimate Talents Book. https://classicmarvelforever.com/cms/netbooks-and-enhancements.html
submitted by SDM1971 to MarvelFASERIP [link] [comments]

IamA High School drop out that had a million dollar bet with his parents that if I made a million before I'm 18. I did not have to go to college! I won! AMA!

Hello Reddit!
You may have seen me at the top of /technology the other day and I got a lot of messages telling me to do an IAMA about this article on CNBC so here I am!
So I made a bet with my parents that if I turned 18 and was a millionaire, my parents wouldn't force me to go to college. I’m proud to say I won that bet! Thanks to some clever investments, making money from projects, and as is the case with everyone who has any kind of success (or even failure) a little bit of luck.
Here’s the story of how it happened:
When I was 12 years old in May 2011, my older brother showed me this technology that I fell in love with and found fascinating. The technology was called Bitcoin.
At that stage in life I had a $1000 saved up, solely a gift from my Grandma to use for my scholarship fund. It did not go to my scholarship fund. I asked my brother to help me put it into Bitcoin at $12 because I knew it would be huge in someway. At that point I had about a 100 bitcoins.
I continued to do ‘day trading’ buying low and selling high over the coming years as well and reinvesting the money.
Fast forward to when I was 14 in high school I was not enjoying school. I was in a small town in Idaho living on a llama farm. So the quality of the school system, was let’s say, not the highest grade. I found the classes to be boring, valuable to some people, but at least for me boring and teaching me in a way that didn’t make sense to me. Lessons that did not seem applicable in my life.
My teachers would constantly criticize people in the classroom. Especially me.
One teacher told me to drop out and work at McDonald's because that was all I would amount to for the rest of my life.
Another would force us to read other student’s grades out to the rest of the class to shame them for failing.
Another roasted me (me in particular) for the full hour of class. No teaching. It was literally the “Roast of Erik Finman”. Which now seems kind of funny actually but still very bad to do.
I went to a summer program to prepare me for the next year and found the best teacher ever in my life that changed my life who was from the UK. I got an A+ in advanced physics when I got a C- in basic physics the previous year.
With that knowledge. Since I didn’t have access to good teachers in my small town in Idaho. I wanted to fix it. So I learned how to code and created an educational website that would allow you to connect with Tutors/Teachers/Mentors online over video chat to teach you any subject you wanted to learn. You could search for Spanish. And find someone to teach you from Ecuador. You could type in programming and you’d find a CS college student that is trying to pay tuition by doing this on the side. Or a retired expert who is a veteran in his field that just wants to impart his knowledge onto others.
It became very popular in the local community! I told my teachers about it, but they did not like it because it felt like competition. Maybe they thought they might have to do better?
At this point I was 15 and this got some initial traction and I was using it to teach myself.
I asked my parents to let me drop out of High School to focus on this because I was miserable in school.
They agreed and were supportive, but they made a bet with me that I can drop out of High School, but I have to go to college if I don’t make a million dollars by the age 18.
I agreed and I dropped out of High School to work on this. A little bit after I dropped out of High School, and I had traction with my project. Bitcoin was shooting up! It was going big! $800! $900! $1000!!!!
So I sold a lot of my Bitcoins which resulted in me gaining a $100,000.
I used that money to put into my business so I could hire more professional programmers and I moved to Silicon Valley.
I even caught the attention of Alexis Ohanian of Reddit because his book at the time Without Their Permission is what got me started. He helped me in many ways!
Fast forward to early 2015. Eventually I found a buyer for the companies code & technology in January 2015. The investor offered either $100,000 or 300 bitcoin, which had dropped in value at that time to a little more than $200 a coin. I took the lower cash value bitcoin deal because I believed it was the next big thing and an official buyout would’ve been very difficult for someone under 18 and it was good tax planning to use Bitcoin. Also continuing to do day trading on a daily basis.
I used some of that money in the coming years to travel the world. Going to London, Dubai, Australia, and more!
I used that to start a VR company using crowdfunding and that did well. I shipped all those out. It was incredible!
Now I’m doing a satellite as part of a NASA award which is launching in November out of New Zealand! I'll probably do another post about this soon because it's so cool.
Elon Musk has always been hero of mine. He's such a talented guy changing the world with Tesla and SpaceX. I'm a great admirer of his and respect him immensely. He's the closest we have yet to a real life Iron Man. But who knows maybe I'll beat him one day haha ;-) After all we stand on the shoulders of giants right? haha that's a big goal though and I say it as such.
It’s been a fantastic few years! I’ve used that money to learn how to do a business, invest, and learn about the world! I didn’t do investing all the time and I used that money to build things that I thought were important! I haven’t done everything perfectly, no one has! I’ve made some humbling mistakes, but had lots of exciting successes! I’ve really launched my career in exciting ways and have met mentors that help me and advise me along the whole way! Which I’m so thankful for!
I’ve learned so much outside the education system and have been so much happier. Although I’m unique, I’ve met many many people that weren’t satisfied and unhappy — ranging from students with the lowest and highest GPAs. My GPA was a 2.1 in school!
And I’m happy I’m not going to College! College wasn’t for me but it was the ‘life path’ you are supposed to go on and I did not want to go nor felt it would’ve helped me too much in life — especially the $250,000 in debt! Or $249,000 with my scholarship fund if I had not used it on Bitcoin and my projects ;-)
I really believe the education system needs to be reformed and I think technology is the way to do that. I think it’s wonderful how society allows you to be a ‘student’ so that you can learn for many years and that’s your full time job. The infrastructure would just ideally be much better so you could do that without being in sometimes a bad environment and crippling debt.
I can say today that I own 403 bitcoins which is currently valued at $1,092,678.08 with the price per Bitcoin being at $2,711.36 plus some other money invested in other things. Can’t have all your eggs in one basket! So I won the bet!
If you have any questions let me know! And if you want any advice on cryptocurrency or your own educational route, or anything else let me know!
Also on reddit! People have made Pepe memes of me! I feel like I've finally made it: http://imgur.com/gallery/06dWK
If you want to keep updated with everything I’m doing! Follow me on twitter!
Proof:
Proof of the bet: http://www.cbsnews.com/news/erik-finman-botangle-after-100k-bitcoin-score-15-year-old-creates-startup/
Travel proof: http://imgur.com/a/kvlzR
Proof: I went through rigorous proof verification and fact checking with CNBC as you can see with this article. I keep my Bitcoin is super secure places spread out across multiple wallets across multiple machines. I'm so paranoid after all this media attention someone is going to steal it all! haha
Proof of growing up on the llama farm: http://imgur.com/gallery/6scF5 ---- ASK me about the time the llama came into my house!
Proof of the 100k initially made: http://mashable.com/2014/06/10/botangle/
Proof it's really me: http://imgur.com/a/zc3eu
Edit: Wow! Thanks for the gold guys!
Edit: Was on for the first few hours of the AMA and had a meeting to go to and I just came back now to see all these great questions! Questions I all have answers to! I will respond to them tomorrow as it's midnight here now.
Edit: That's it for me! A lot of great questions and a lot of great feedback.
submitted by erikfinman to IAmA [link] [comments]

TECHNOLOGICAL TREND THAT IS SHAPING THE EDUCATION WORLDWIDE

TECHNOLOGICAL TREND THAT IS SHAPING THE EDUCATION WORLDWIDE
Technology has no doubt transformed the way we look at the world around us today. Every industry has had players which have initiated technological advancements and given benchmarks to others. Similarly, in the education world a not so new entrant is working callously in bringing transformation in this industry with very innovative and revolutionary advancements. This is European International University, based in Paris, which is working on path breaking technologies with the aim to make education reach the masses at the most affordable way and thus reduce the mass commercialisation of education done by other universities which has in reality ruined young people with pile of debts even before graduating.
European International University, Paris is to be credited for offering learners, both students and professionals, with the latest learning opportunities and unique learning experiences that they need and deserve. Along with the range of courses, certifications and degrees they have to offer, they are now planning to launch their own global e-learning platform which is named Pedagog
The engineering team deployed by this university is working in the reverse manner by focusing on the current problems faced by the students in the present day and by incorporating those elements in the development of their platform a truly revolutionised & futuristic e-learning model is been planned to be launched by the end of first quarter of this year.
The world has seen a lot of new things erupting in the past few years for example people talking about decentralisation, distributed ledgers, cryptocurrencies, bitcoins, ethereum, robotics, artificial intelligence & virtual reality which has brought in millions of new jobs and added billions of dollars in the economy, but at the same time along with the substantial growth the nature has also acted bizarre with the unforeseen on the rise - the Coronavirus which has at the hastily placed the world to its feet, bringing financial markets all time low, billions of dollars being lost in a matter of few days. Who won and lost doesn’t suddenly seems to matter when something like this happens.
The reason to mention above relates to the fact that when the mission of any organisation is to think about others and not merely just its own monetary benefits, the only outcome then can be expected is the ‘THE BEST’ This is the mission of EIU Paris through its e-learning platform ‘Pedagog’
Following are the technology trends that has been incorporated by EIU Paris in the creation of its upcoming e-learning platform..
REMOTE LEARNING: Remote learning through virtual classrooms has reshaped education. This offers a huge step forward in accomplishing the fundamental right of EDUCATION FOR ALL. This has also overcome the limitations of time and distance, and all one needs is a reliable internet connectivity, paired with apt mobile technologies. High quality of learning is made possible for students by providing them access to educators or subject matter experts who may not be reached due to distance or time constraint.
INTERACTIVE GAMIFICATION: It is the concept of applying game design to educational content thus making it more engaging and fun. Educational content has reached the next level through UX gamification. There is a theory behind it. Interactive things are always easier to remember and retain. Thus, whole learning process becomes easy with this approach. The whole idea is to use the typical game technique of giving challenges, rewards to winners, providing harder challenges with even bigger rewards or digital token currency. Thus, the learner also earns while he learns, which of course is the biggest motivation to continue learning.

Pedagog -Gamified tutoring and learning Platform
VIRTUAL REALITY AND AUGMENTED REALITY: Virtual reality is the next big thing enhancing student learning and engagement. It cuts across all the barriers and gives a feeling of things being right in front of your eyes. Learners find themselves immersed in what they are learning and are able to process the information better, thus, resulting in lifelong learning. The research coders are continuously working seamlessly in introducing VR & AR in the field of education which is still in its very early stages.
BLOCKCHAIN TECHNOLOGY: The blockchain invention is now proven to be a success with its full proof ledgers and security. EIU is the only university of its kind for using the blockchain technologies to revolutionize the educational scenario.
It will be used in collaborating distributed information in database. It is been tested that blockchains can play an instrumental role in examination management, verification of student credentials, certificate verification, just to mention a few. Life long learning records can also be managed using blockchain. Thus, a huge step forward in educating the next generation of students.
ARTIFICIAL INTELLIGENCE: This can do miracle by the use of advanced learning mechanisms to understand the needs of students and teachers, The Pedagog platform engineers along with leading AI consultants will continue the research to implement AI in every part of the e-learning platform to make the most favourable user interface in promoting learning to the masses. AI is still in its infancy though!
TOKENISATION – The introduction and the usage of their own native tokens by learners to study in this advanced platform is expected to make learning more fun and rewarding and the tutors on the other hand can expect income and growth of their revenues at the same time
At the European International University under the leadership of Prof. Dr Edward Roy Krishnan & Executive Director Jatin Anand we invite Partners, Investors, Venture Capitalists & influencers for mutual collaboration to discuss the possibilities for growth but mainly giving priority in bringing education & learning to the masses Anytime, Anywhere and Affordably!

CTO & CEO during press conferences for Pedagog
submitted by EIU-LOL to u/EIU-LOL [link] [comments]

Top 10 Reasons Why You Should Learn BlockChain

Top 10 Reasons Why You Should Learn BlockChain

https://preview.redd.it/eyu49decwy041.png?width=1200&format=png&auto=webp&s=80e55c58df52939ae3b1ceaefd7b91d272087c8f
Blockchain is the latest technology slogan in the current market. It has created waves in the market since 2019. Blockchain technology was initially introduced to bitcoin, a reputed digital currency which transformed the exchange market across the world. Bitcoin is also called as digital gold. Blockchain technology can be easily dispersed but unlike other software, it cannot be stored in a particular location. One other main benefit of blockchain technology is highly secure and cannot hack easily.
Blockchain technology has great demand in recent days, so learn blockchain realted skills can be quite helpful. Here going to discuss some top reason why you should learn blockchain.
Let us have a look at What You Need to Learn to Become an Expert in Blockchain technology
Modern technology: Modern technology is the development of old technology. There are so many advantages of blockchain technology.
· Ease Of Access To Information
· The World Wide Web
· abbreviated as www has made the world a social village
· Saves Time
· Ease Of Mobility
· Better Communication Means
· Cost Efficiency
· Innovation In Many Fields
· Improved Banking
· Better Learning Techniques
It is found that 3.77 billion use the internet across the world but only a few amounts of people using this blockchain technology, so there exists an enormous potential for growth in the field.
A lot of Opportunities for blockchain
Driven by successful pilot projects in supply chain and logistics, Blockchain has become one of the industry’s latest technology hypes, So a lot of opportunities for people in the coming years. This is one of the latest upcoming technology in the software industry.
Investment and trading
Blockchain technology is like a backbone for cryptocurrency, so it is very helpful to most of the investors. By learning the concepts of Blockchain technology you can invest astutely and make a better choice when it comes to ICOs.
Infrastructure
At present, blockchain technology has a unique infrastructure facility which in turn is connected with other types of facilities in the market. Thus it goes a long way in the addition of existing processes and systems.
Security
Right now, all the transactions you did by online can be easily tracked by hackers and information is easily available. As a result; you can drop a lot of money and secure information. But if you use blockchain technology, hackers cannot hack easily because Blockchain removes the need for storing information. Thus the blockchain technology can help you to achieve transactions with greatest security.
Integration
Blockchain can be used to integrate different day to day processes like a voting system, real estate, commodities et. You can make use of the Internet of Things(IoT) concept of Blockchain and mix various processes thereby building better infrastructure.
Versatile
Blockchain technology can improve by so many industries such as energy sectors, supermarkets, and healthcare, etc. It is not just limited to banking. Thus it holds a great promise for the future.
Revolution
The world is heading towards a revolt of sorts and Blockchain is entering many aspects of day to day lives. Hence it is a good idea to learn Blockchain technology right now.
Improves confidence
Blockchain really improves your confidence level of operating parties. It has the potential to create more openings so this is the one reason for learning Blockchain.
Great pay Package
Most of the experts are of the opinion that jobs affecting blockchain technology going to increase exponentially in the upcoming days. Hence learning new technology surely going to take you the best places and you can also expect profitable pay packages.
We are in the 21st century, everything will going to updating so everyone should update because People are so much used to of technology that one cannot even imagine of living without a smartphone or their laptop. From our food to our education, digitization has been done in every field possible. We are NearLearn, providing the best Classroom blockchain training in Bangalore. We offer both classroom and online classes on weekdays and weekend sessions. If you have any query about this please contact www.nearlearn.com
submitted by sushmithagowda to u/sushmithagowda [link] [comments]

Ripple Co-Founder Gives $25 Million Donation in XRP to San Francisco University

Ripple Co-Founder Gives $25 Million Donation in XRP to San Francisco University
Chris Larsen, co-founder of San Francisco-based technology company Ripple, and his wife Lyna Lam have donated $25 million in XRP to a university in California, according to an official announcement on April 5.

Larsen and Lam contributed $25 million worth of XRP tokens to San Francisco State University’s (SFSU) College of Business through RippleWorks, a private foundation that provides practical support to promising social entrepreneurs.

The university will direct the funds to support students studying global entrepreneurial and fintech ecosystems. According to SFSU, the donation is the largest single contribution made in cryptocurrency to a university in the United States. University President Leslie E. Wong said:

“This groundbreaking gift will position the College of Business as an evolving, distinctly diverse and industry-relevant epicenter of business innovation and entrepreneurship. Chris, Lyna and Rippleworks are innovators, and their gift will inspire our students to creatively and strategically approach the business and tech landscapes to become the next generation of entrepreneurs and global business leaders.”

The move follows Ripple’s formal social impact program dubbed “Ripple for Good” which launched last September. The program was set to operate in collaboration with RippleWorks, and to pool $25 million from the firm together with $80 million in donations to invest in projects focused on education and financial inclusion.

Ripple has previously made similar donations. Last June, the company unveiled their University Blockchain Research Initiative consisting of a $50 million donation to 17 universities globally to support education in blockchain and cryptocurrencies.

In March of last year, Ripple donated $29 million XRP to support U.S. public schools, fulfilling funding requests from teachers via DonorsChoose charity fund. The donated money was set to equip more than 30,000 classrooms across all 50 states.

BitSEVEN | leverage maximum, 100% profit at 1% price raise

Make a profit whether the bitcoin price rises or falls


https://preview.redd.it/pwthi8q4qjq21.png?width=527&format=png&auto=webp&s=2f3724ddfda12660868f0b68d7979c1a0b45db29

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Why the beast is going to starve

Back in the 1950's, a computer took up an entire room. Today you have more processing power available to you than that, in the palm of your hand. Society has changed dramatically as a consequence, but we're still in the first stages of that transformation.
There are a few obvious developments you've noticed. You don't have to throw away old products any longer. Old furniture can be sold effectively on the internet, along with just about anything else you own. At the same time, television is transforming into a decentralized phenomenon. Youtube is a centralized platform, but content creation happens in a decentralized fashion. Jewelry and other artworks too are produced in a decentralized fashion, through platforms like Etsy. The hotel and taxi businesses are decentralized by AirBNB and Uber.
Currency took a little longer, because whereas the previous companies break through monopolies owned by other companies, decentralized currency means breaking through a monopoly that has remained in the hands of governments for thousands of years, a monopoly they have always violently defended. The first applications that allow people to develop their own currencies have come into existence in recent years, enabled by the fact that we have much faster internet connections today than we used to have and can program software through teams of volunteers around the world.
There are a few developments that grow out of this. The emergency of decentralized currency revolutionized the drug market, which had always been in the hands of governments too. You might argue I'm wrong, that governments don't control the drug market, but consider the simple case of a drug dealer who accumulates millions of dollars through his business. Where does the money end up eventually? In the hands of the state.
Governments don't genuinely want to shut down the drug trade, they wish to control it. Consider that in the Netherlands, the sale of cannabis is legal, whereas the production is illegal. This ensures the production remains profitable and you tend to find scandal after scandal of Dutch politicians who are caught growing hemp on their own property. It also gives rise to a demographic of wealthy young drug dealers without political connections or technological skills, whose assets can be relatively easily seized.
The darknet markets bring this phenomenon to an end, because the middle-men are removed from the process, while the proceeds remain in the hands of the drug dealers, as you generally can't seize somebody's cryptocurrency. Anonymous individuals post reviews there, to judge the quality of a substance, while dealers can't keep prices artificially high by murdering their competitors.
It's sometimes argued that cryptocurrencies can't deal with the massive volume of payments that people make. Visa handles 2,500 payments per second. Bitcoin can handle around seven payments per second. What's ignored in this equation however is that there's no reason for people to settle on one single protocol to carry out payments. There are an estimated 1500 cryptocurrencies. Assuming each of these could handle seven payments per second, you would find yourself able to easily take over the role of the major credit card companies. It's easy for people to switch from one currency to another, while payment providers can be used that accept payments in a wide range of currencies.
Under this scenario, governments as we know them cease to function. A government derives its revenue from the fact that people pay a variety of taxes: Income taxes, VAT taxes, inheritance taxes, dividend taxes, and so forth. If you don't pay those taxes, you're fined. However, if people can engage in financial transactions without the knowledge of their government, they have no reason to pay such taxes. A government might respond by raising taxes, but this merely increases the incentive for people to figure out ways to avoid paying taxes.
For a government, it ultimately won't be worth the effort to figure out how much money you should cough up if you're not rich. This is of course already true for most self-employed people, but if you work for a boss, the boss is the node in the network who is kept accountable. The problem in this equation is the fact that the kind of structures that involve bosses and employees are now suffering disruption. Cars can drive themselves, hotels are dying, as are newspapers and other old media.
You've seen it argued that the biggest taxi company has no cars, the biggest hotel company has no hotels etcetera, but these are intermediary stages. Uber is not the future, because Uber is a centralized structure. What Uber can do, a decentralized marketplace can do better and cheaper. Uber in practice has a median commission of 37% that you're paying. You're paying for codemonkeys in Sillicon Valley, where rents are expensive. A decentralized Uber can be developed by volunteers and hosted on people's computers. If it's significantly cheaper, it's inevitable it will take over.
It's easier to come up with a list of industries that will still exist as cash crops for the government in the future, than to come up with all the industries that won't be taxeable. People need to eat, so we will need farmland, which can be taxed. We will also have some form of factories, to produce the kind of products that people can't produce at home.
We have to consider the fact that those industries that still enable centralized control, are themselves going to shrink. The construction industry, depends on the fact that people need new buildings to live and work in. People increasingly work from home, while the population growth rate in Western nations is starting to shrink. In a similar manner, recycling leads to a decline in the need to find new metals. The transition to a digital economy, means that the production of paper will similarly shrink.
The food industry might seem like it can remain a viable source of control, but I wish to contest this assertion too. The nature of food production is going to change in the years ahead. Half our arable lan is used for meat production in one form or another. Meat production itself is an industry that's going to face significant disruption, with the emergence of lab-grown meat. The eventual outcome we can expect, is one where you can grow meat in a Petri dish in your own home, using some simple nutrient solutions. It's similarly worth noting that mushroom production is rising by around 8% per year. The cultivation of crops is geographically bound, thereby giving a government control. The cultivation of mushrooms doesn't depend on photosynthesis and thus doesn't hand the same kind of control that geographically bound food production offers.
The most revolutionary impact however, will be seen by the disappearance of our dependence on fossil fuels. Fossil fuels are condensed forms of energy found in certain geographical positions. They represent a sudden tremendous source of wealth for whatever organization happens to govern a plot of land upon their discovery. This leads to the emergence of regimes like those seen in the Arab peninsula today. What we are witnessing now is a transition to forms of energy that are not geographically bound to the degree that fossil fuels are. A solar panel can be moved and set up anywhere.
Most of the world's economic interactions, are only visible today because they depend on centralized intermediaries that can be observed by the government. In Europe today, seventy percent of GDP is derived from the service economy. How is a government going to observe and maintain control over that? Only one in nine drug groups in my country face prosecution, because the police are simply overwhelmed. How will they devote adequate resources to computer programmers who don't report their income, or people on welfare who rent out their apartment in Amsterdam? The reality remains that the economic incentives are shifting in a direction where governments lose control.
Of course the withering away of the state isn't going to be a transition that's in everyone's favor. A large segment of the population depends on the state in one form or another. The elderly receive medical care and pensions from the state. Ethnic and religious minorities depend upon government sanctioned tolerance. Consider the case recently, of an Asian American woman, who was upset because a guy wouldn't let her rent his appartment. AirBnB can ban such a user and happily will.
A decentralized marketplace on the other hand, has no genuine means to get rid of such a user, if most of the community stands by him. In a similar manner, it's impossible now to place effective economic sanctions on people who are controversial. Hatreon is a kind of Patreon for white nationalists, while Bitcoin is simialrly used to anonymously fund them. There is no government out there, nor any upset group of students blocking traffic, who can stop such a development.
I think this is ultimately a positive development. In a free marketplace of ideas, the truth will eventually come to the surface. If we compare our era with a few centuries ago, we see that the consensus of ideas has moved towards greater tolerance and equality. I can't think of any white nationalists who seriously advocate for the reestablishment of slavery. If your ideas are cruel or absurd, then through the free competition of ideas, they will ultimately be rendered obsolete. This is what happened to most religions, which are now little more than niche subcultures in the Western world, but managed to cause us tremendous misery until just a few decades ago.
"I disapprove of what you say, but I will defend to the death your right to say it." Is the founding ethos of Western Enlightenment era civilization. It is this mentality that brought us tremendous wealth and freedom. Today most people feel that it's dangerous to hold controversial opinions in colleges. However, there is no idea out there so dangerous that I would fear its open discussion.
Dangerous and destructive ideas were never spread through debates in classrooms and columns in newspapers. They were spread under the threat of physical violence. The Bolsheviks and Maoists took Russia and China through force before carrying out their genocides. The National Socialists, the adherents of Mohammed, the mongols under Genghis Khan, Columbus in the New World, they too took power, not through the tongue, but through the sword. It's those who silence the tongue under the threat of the sword whom you should fear, under all circumstances.
Consider what's thought to be the most dangerous idea today by some, transhumanism. By declaring transhumanism a dangerous idea, we encourage its suppression. The real dangerous idea however, is the idea that transhumanism is a dangerous idea. If you outlaw transhumanism, you are sentencing billions of people around the world to a fate of becoming prisoners in their own bodies. Through the medical technology available to us today, you've ensured that I'm likely to live to be around ninety years old. I've seen numerous examples of people who have gone blind, deaf and become too frail to walk, because of the decay of their bodies over the years before they reached that age.
I consider a fear of the kind of progress that would enable us to grow old in a healthy manner, to be a dangerous idea of its own. It's not a death sentence, it's a sentence to a kind of torture that would be illegal if we imposed it upon a prisoner. We don't impose blinding or the amputation of toes upon war criminals, we impose it upon our own parents when we declare succumbing to the forces of entropy to be a kind of moral obligation.
It's my belief that we're approaching a situation where government is going to wither away. Most people aren't ready for this transition, nor are we genuinely planning for this transition, it's simply happening to us in a spontaneous emergent manner. We can make this transition more smoothly, if we acknowledge the simple reality we're dealing with. Governments need to plan ahead for their own looming obsolescence. As an example of something useful governments can do, consider the experiment with people on welfare, who are allowed to earn additional income besides their welfare payments.
Unfortunately, it seems to me that the more likely outcome is going to be that government as a structure is going to violently attempt to cling onto the remnants of its decaying power. This is what every dying structure seems to do, there are few that genuinely go gently into that good night. The fossil fuel and tobacco industries set up disinformation campaigns, to convince people that maybe we're not faced with a genuine problem. The Polish central bank similarly set up a campaign, to spew fear about cryptocurrencies.
I want to end with a piece of advice, which is to take measures that allow you to prepare yourself for the abolition of government and most other centralized institutions. Unless you have a clear concrete plan on what you want to do with your life, rather than attending college and graduating with debt in hopes of finding some employer who acknowledges your state enforced credentials, teach yourself useful and relevant skills. My own job is entirely a product of skills I taught myself. You don't have to like doing it, but you can teach yourself how to code, photoshop or design ads in a matter of months. The college classroom is an outdated model of education. What I notice among friends and peers is that they're stuck working the same dead-end jobs they had while attending college, after graduating. That's in nobody's best interest, it represents years of your life that you wasted.
In addition to this, it's important to realize that the government simply won't be there to take care of you. If you expect to receive social security, if you work for an NGO, if you have a "social" occupation, if you depend in any form on this giant bureaucratic machine that's stuck with debts it can't pay off, expect to witness significant disruptions to your way of life. Ideally, you would look towards some form of self-employment, where you earn money by interacting with people and companies who earn money themselves. The current model of society, where a minority of the population pays taxes that are then distributed to a centralized institute that takes care of everyone else is proving to be unsustainable.
submitted by sauerkrautsourdough to accountt1234 [link] [comments]

Leap with Alice Token ICO

Leap with Alice LLC (LWA) avails learning materials for free as well as a peer-to-peer platform on which members can create, purchase and sell educational content. Using the integrated augmented reality capabilities, teachers can easily generate immersive and interactive content. Moreover, LWA has several templates and in-depth guides on how to create effective learning material. #Sponsored
Leap With Alice is a platform that creates engagement, builds learning, and incentivizes teachers. Orchestrating a revolution of the outdated education system, Leap With Alice presents a platform and an exchange with the capacity to create, buy, and sell enhanced educational content. Through the use of Augmented Reality, we bring old forms of education to life. Pairing AR with Blockchain technology, LWA incentivizes the creation of quality content in a secure ecosystem where each user’s content, data, and funds are safely stored.
Leap With Alice is grateful for the guidance of Mercury Cash and Miami Crypto Exchange - the industries first legal, fully compliant crypto gateway for security and non-security tokens. Working as Senior Advisor, CEO Victor Romero provides first hand experience and invaluable knowledge of the cryptocurrency space. Approaching the Private Pre-Sale of the LWA Token on May 15th (closed to , this guidance has provided the framework for the next generation of compliant token offerings.
The Alice Exchange
The Alice Exchange creates an ecosystem where educators can take control of their passion. Reaching a global community, the Alice Exchange is a peer-to-peer digital marketplace with the capacity to buy and sell original educational content, transacting with the ALICE utility token. Teachers may browse specific topics that target unique abilities, providing the most personalized lesson possible. If a more collaborative environment is the goal, interactive lesson plans can be created, bringing the entire class together for an immersive learning experience. The time and effort used to create a unique lesson plan is no longer confined to a single classroom, it can span the globe and impact students everywhere. The Alice Exchange facilitates the distribution of enhanced educational content on a global scale.
Incentives – ALICE is designed to decentralize the buying, selling and rewarding of positive contributions by removing the “trusted third party”. Quality content is what will drive new users to Leap With Alice, while maintaining the activity level of existing users. The users who generate valuable content are algorithmically rewarded in ALICE token from the Incentive Pool. This method of distribution spreads the ALICE token to users on a larger scale, targeting those that bring value to the platform. Additionally, those that contribute by curating content (evaluating, reviewing, commenting, sharing) also play a pivotal role in the proper distribution of the Incentive Pool. These users who create impact through curation are also rewarded with ALICE token. .
ICO Details.
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Leap With Alice establishes a peer-to-peer payment system, marketplace, and decentralized reputation system powered by the Ethereum blockchain and a native ERC20 utility token, ALICE. The Ethereum blockchain secures each transaction, allowing users to safely buy and sell in the Alice Exchange – all while building a transparent and reliable reputation for users. Transactions in the Alice Exchange are conducted using the ALICE token. However, users will be able to convert ALICE into other forms of currency.
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People behind "Leap With Alice" Project.
Team
. Learn more about " Leap with Alice" Project.
Website : https:// www.leapwithalice.io/
White Paper : https:// www.s3.us-east-2.amazonaws.com/documents-alice/LWA+Whitepaper+V1.2.pdf
Telegram : https:// t.me/LeapWithAlice
Facebook : https:// www.facebook.com/LeapWithAlice/
Twitter : https:// www.twitter.com/LeapWithAlice
Reddit : https:// www.reddit.com/useLeapWithAlice
BitcoinTalk : https:// www.bitcointalk.org/index.php?topic=3379031.msg35421538#msg35421538
Medium : https:// www.medium.com/@LeapWithAlice
BountyOx User name : Sun12
submitted by Signal693 to ICOAnalysis [link] [comments]

Weekly Roundup

News roundup for the previous week.
In International news
  1. China’s ‘New Silk Roads’ Reach Latin America
  2. #ChineseAmerican figure skater Nathan Chen wins praise for boldness in PyeongChang: "As I got older, there were more and more Asian kids at competitions that I was going to - that felt cool to me," Chen added, hopes that he too, like his early inspiration, Michelle Kwan, can inspire a new generation
  3. Duterte wants to create ‘balance’ by sending troops to China for training. Mr Duterte said there was a need to “balance” the training of Filipino soldiers, who have a strong bond with the United States military
  4. US National Space Council discusses space threats and opportunities reportedly posed by China
  5. China swept both men's and women's titles at the 2018 ITTF_Team World Cup after beating Japan twice in the finals… "
  6. #Nepal to Deepen Ties with China to Get More Leverage in Dealings with India: Nepal's new Prime Minister K P Oli has said he wants to deepen ties with China to explore more options and get more leverage in his dealings with India "in keeping with the times"
  7. Singapore and China work to boost Chongqing's connectivity
  8. Does anybody know more about the "Ethnic Chinese" ID Card that the government plans to implement for overseas Chinese?
  9. China is now offering a 5-year visa for foreigners of Chinese descend... Has anyone applied for this?
  10. China calls for direct dialogue between DPRK and U.S.
  11. China's peacekeeping force in Mali awarded the Peace Medal of Honor by the UN
  12. Eurasia high speed railway from Germany to China can be built by 2026
  13. CGTN Wang Guan on Confucius Institutes and Chinese students being threats: "Now is some hardliners final attempt to contain a rising ethnic Asian society"
  14. “The UK Is Not a Safe Place” – Concerns over Second Chinese Female Student Reported Missing in London
  15. India Turns to China-Based AIIB for Loans to Fund its Infrastructure Dream
  16. US Slams, China Praises Pakistan's Counterterror Efforts
  17. Parents of Chinese student killed by British driver reject not-guilty verdict
  18. Duterte Allies Seek to Emulate China’s Anti-Poverty Programs
  19. Philippines says in talks with China state firm on joint sea exploration
  20. Beijing blasts Western critics who ‘smear China’ with the term sharp power. Advisory body spokesman says some Westerners are ‘stuck in the cold war era’
  21. Tragedy far from home: Chinese students who went missing abroad
  22. Ng On-yee: #Snooker's new world number one. Has just become the first Asian woman to top the World Ladies Billiards and Snooker (WLBS) rankings. The fact that her father was an amateur player and worked at a local snooker parlour meant that she could train there for free
  23. A Chinese initiative is setting the pace in retail
  24. Trump risks more than a trade war by targeting China
  25. Russia, China agree joint data center for lunar projects & deep space exploration
  26. UCLA players release from China secured before Trump got involved
  27. China denies using citizens overseas to project influence abroad. Senior official says history and contributions of overseas Chinese should be recognised, not ‘slandered or belittled’
  28. Documentary film ‘Abacus: Small Enough to Jail’ nominated for Oscar. A documentary about a Chinese underdog, which took on the US government, is the story of a family-owned bank in New York’s Chinatown – the only bank prosecuted following the financial crisis 10 years ago
  29. Trump on China abolishing term limits: 'Maybe we'll give that a shot'
In Domestic news
  1. Proposed constitutional amendment would grant more Chinese cities legislative power
  2. Proposal to abolish term limit for president could buy more time to pursue reforms
  3. More women, farmers and workers, but fewer officials will sit on China's top legislature, as election results for the new NPC were approved. The new lineup has 742 women, 24.9% of the total, up 1.5%. A total of 468 deputies are workers and farmers. Their share has grown by 2.28% to 15.7%
  4. Funding Infrastructure: Why China Is Running Circles Around America
  5. Elon Musk: China’s progress in advanced infrastructure is 100 times faster than the US
  6. Taiwan is gearing up for a independence referendum (possible official name change)
  7. China’s Brain Drain Is Ending. Officials say they are seeing a payoff from their investments in higher education.
  8. China media makes war threat over U.S. Taiwan bill
  9. China vows deeper friendship with Taiwan amid tensions
  10. What Do China’s Democratic Parties Actually Do?. The CCP is not China’s only political party. Here’s a closer look at the role and function of the other eight
  11. Back from the brink: 8 endangered species inching away from extinction in China
  12. China's C919 large passenger aircraft has received 30 new orders from a domestic leasing company, taking total orders to 815
In SciTech news
  1. Hisense 150" 4K 'Laser TV'震撼CES 2018; 欲进军OLED市场
  2. Does China Control The EV Revolution?
  3. Daimler's Chinese billionaire investor Li Shufu wants its electric car technology
  4. Huawei announces Balong 5G01, first commercially available 5G chipset
  5. China's hypersonic aircraft would fly from Beijing to New York in two hours. The double-wing plane just aced wind tunnel tests at speeds of nearly 5,600 miles per hour
  6. China spends $279 bln on R&D in 2017: science minister
  7. Meet the female engineers and managers of China's space program: The space program looks like it should be a geeky boy's dream. But in China, a large portion of the sector is controlled by female technicians
  8. Watch out America, China's A.I is getting smarter!
  9. #AI sector sees big investment, financing in 2017: received about 180 billion yuan (28 billion U.S. dollars) of investment and financing last year
  10. Alibaba Cloud steps up its game as it offers #quantum computing service
  11. Huawei Mate 10 Pro Showcase - CES 2018
  12. Mine It to the Limit! Chinese Firm Makes Billions From #Cryptocurrency. Bitmain managed to take this activity to a whole new level by raking in more money last year than Nvidia. Bernstein estimates that Bitmain currently has an estimated “70 to 80 percent of market share in bitcoin miners and ASICs”
  13. Chinese scientists develop #AI system to diagnose human diseases: The tool may ultimately aid in expediting the diagnosis and referral of these treatable conditions, thereby facilitating earlier treatment and resulting in improved clinical outcomes
  14. China’s government aims to raise as much as 200 billion yuan ($31.5 billion) to invest in homegrown chip companies and accelerate its ambition of building a world-class semiconductor industry
  15. Get your food served by a robot at restaurants on SW China's rest stops: The smart tables can do much more than help you order food. It can be a game machine, a tour guide or even an e-commerce platform
  16. Huawei MateBook X Pro Hands-On at MWC 2018
  17. Huawei's AI phone tested by driving car at dog
  18. Vivo Apex Concept Phone hands-on
  19. Legit Chinese Brand GPUs? Hands on with the Yeston 3GB GTX 1060
  20. Apple is under fire for moving iCloud data to China
  21. China testing 400km/h "maglev" trains
  22. China to recruit ‘civilian astronauts’
In Economic news
  1. China's Fosun buys majority stake in French luxury brand #Lanvin: The French fashion house was established in 1889. Currently, Lanvin operates in more than 50 countries with women's wear, menswear, children's wear and accessories including footwear and leather goods
  2. China Gives Australia’s Number Two Gas Producer A Boost
  3. #Xiaomi hopes to boost global market sales with new Microsoft agreement: The new strategic contract will see the two companies working together on cloud computing, AI and new equipment for notebook computers
  4. Even the World Bank is starting to take notice: China’s ‘unprecedented poverty reduction’ and the role of the CPC
  5. Tech Mogul Gets $13 Billion Richer Just by Leaving New York for China
  6. Chinese investment flowing out to healthcare. This is what they're looking for.
  7. China's #BYD named No. 2 on list of World's Top 10 Most Innovative Companies in energy: BYD ranked No. 2 for "introducing the first electric trucks," according to the rankings compiled by the Fast Company, a monthly American business magazine
  8. China’s per capita disposable income up 9.0 percent in 2017
  9. China Contributed 30% to Global Economic Growth in 2017
  10. Tencent chief 'Pony' Ma is now China's richest man, doubling his wealth to $47 billion last year
  11. China becomes Vietnam's top export market in first two months of 2018
  12. Russia remains China's top oil supplier as pipeline expands
  13. dotard declares steel trade war against china..... and shoots himself in the foot
  14. Trump Roars; China Yawns - Steel tariffs are only going to hurt one country's economy.
  15. China is quickly becoming the dominant force in startups
  16. China vows to work with other nations to counter Trump tariffs
In Military news
  1. China aims for nuclear-powered aircraft carrier by 2025
  2. J-16 fighter jet video released by PLA Air Force
  3. Chinese military #drone sales hover over Middle East: Defence analysts believe that the drone, the Wing Loong II, is now being used by the United Arab Emirates military while the UAE remains barred from buying weaponised drones from the United States
  4. China's Ready For War: China's Military Capabilities 2018
  5. PLA's Lego Grenade (The scalable offensive hand grenade)
  6. As US loses ground in Mideast, the stage is set for China and Russia to mull military alliance with Iran
Other Notables
  1. Tencent Employees line up "旺"字 outside of HQ building to get red envelopes, CEO 马化腾发钱发到手软
  2. WeChat Users sent 0.688 billion Red Envelopes in a single day (Feb. 15th, average about 8000 Red Envelopes sent per second)!One user sent the most number that day, 1203 Red Envelopes
  3. The Western Hypocrisy in Academic /Classroom freedom: Chinese students being reported to their parents in China about their pro-Western opinions is "disturbing" "spying" and "censorship", while Western media have been rampantly investigating Chinese students as "spies" for their pro-China views
  4. Considering the amendment of Presidential term limits in a geopolitical context
  5. What are some Sino approved documentaries?
  6. CHINA MAC ft. JEZZ GASOLINE "MAC TALK" TEASER # 1 DIRECTED BY MO KNOWLEDGE
  7. China doesn’t care about your opinion
  8. CGTN: Do Chinese students in US threaten US security?
  9. If the US didn’t pass the 22nd Amendment, they’d still have Slick Willy. And would that be such a terrible thing?
  10. Anyone in the know about the status of cryonics in China?
  11. With all the talk about the President term limits possibly being removed, what is happening with the retirement age rule?
  12. ‘Put out your cigarette or leave China,’ commuters confront foreigner smoking on Beijing subway
  13. Higher Brothers x HARIKIRI - Nothing Wrong
  14. 10 Misconceptions Everyone Believes About China (Generally pretty accurate)
  15. Boost Your Vocab with This Catchy Song-The King asked me to patrol the mountains
  16. Footage discovered showing mass grave for wartime 'comfort women'
  17. Forget all you read on Western propaganda about the Tiananmen incident. Video debunks Western claims of PLA shooting peaceful demonstrators
  18. So what would happen to Logan Paul if he disrespected China/Chinese people like he did in Japan?
  19. Q&A with CGTN chief reporter Wang Guan
  20. Exquisite ice sculptures decorate Harbin
  21. #NBA powerhouse Cleveland Cavaliers @cavs celebrate Chinese #LunarNewYear at home game against @BrooklynNets
  22. Why China Is Running Circles Around America
  23. Can this subreddit please differentiate between the DPP and the KMT?
  24. How the West got China wrong
  25. [XD] Story confirmed by official source: Picture shows Jack Ma between two police officiers!
  26. No Matter What the Western Propaganda Says, Chinese Democracy is Alive and Well!
  27. End of Chinese Emperors (221 BCE — 1911 CE) - from Fairbank Center's China Questions book
  28. Instant Pot Beef & Vegetables Congee Rice Poridge (Jook or Juk)
  29. Traditional Chinese hanfu | Ming dynasty fashion by 清辉阁
  30. 2012新年综合晚会选编_合唱《没有共产党就没有新中国》【高清720P】 - YouTube
  31. The Husband Tag! 夫妻默契大考驗!
  32. Chinese President Xi Jinping: What Is His Background?
  33. China's box offices pulled in more than 10 billion yuan (US$1.594 billion) in February, reaching a new high for the Chinese film industry as well as setting a new world record
  34. The West is starting to use feminists like Leta Hong Fincher to destabilize Chinese society. Thoughts?
  35. More black and white stills for Zhang Yimou’s period wuxia film Shadow
submitted by AutoModerator to Sino [link] [comments]

Inspired-By-Cryptocurrencies

I'll start by saying that I have been fascinated by bitcoin since the first time I heard about it four or so years ago. Although I knew about it I was young and poor and wasn't aware about how to purchase it. Just basically wasn't on the level yet. When I first learned about Ethereum is when I became very interested in crypto that was a little over a year ago. Since then it's a progression. I have been in and out of almost every coin in the top 50 plus some. I love it. Really love decentralization. I love the idea of people taking their financial freedom back. Fuck yeah to huge green dildos the market gains are staggering. The losses are fantastically huge and terrifyingly hilarious. The tech is brilliant, genius, useful, innovative, hard to understand, open source, I mean it's really just a wonderful place right now. It's a fertile ground for entrepreneurs. It's a new market for a new generation. It's risky business.
Please then can anyone tell me what trail blazers were not confronted with new obstacles? What great place for the free is not attacked by cretans? Where there is money is there not always a desire to hide it? As far as I can tell, an uncharted, dreamers, territory, is a dangerous place and it always has been. From Magellan's circumnavigation, to Louis and Clark's Corps of Discovery, doing something new and great is full of hazards that have to be overcome.
As crypto currency is moving growing out of its toddling stages we are continuing to face attacks on its credibility from the outside. I think that many crypto enthusiasts will agree that there are many "coins/tokens" that aren't going to be good long term investments. But I also believe and can see and read that some of these technological mutations are going to do great things for finance and I believe you believe that too.
Although "Crypto" is in its own way a boycott of convention, it is now a vibrant community of millions of people. We are a minority who only wish to develop and support new products that have been withheld from us by groups too powerful to combat until "open source" became more available throughout the world. Now that we have one foot out the door the old guard is noticing. They, as well as our governments are struggling to catch up in an industry begun by hobbyists. In garages and spare bedrooms, with gear that had to be sourced and pieced together, we built our miners. In chat rooms not classrooms, through support within the communities of crypto we learned things like POS, LN, hard fork, soft fork, block time, ewallet, and so much more. We are now becoming great. There are technologies on the horizon that are daring to change the world. We are creating a united front to be citizens of the world without their NWO.
I started writing this as a critical thing about the Dimon thing but instead I just became lost in the inspiration I see everyday here on Reddit, Twitter, the exchanges, (the immense load they have mostly handled) so I guess I'm just saying thanks to all the people out there who built this. Thanks for all the community support. Hodl or seldl, you are all here reading, hungry motherfuckers, who want something better! Keep up the hard work! If you are like me there is hardly a place for you to talk openly about crypto without sounding like a nut but I am super fuckin pumped about Cryptocurrencies and happy to be a part of this with all of you.
submitted by jsquirtlesquirtle to CryptoCurrency [link] [comments]

I talked about DOGE and Cryptocurrencies for one of my education courses. WARNING - Wordy!

This one's addressed to any social studies, mathematics, and computer technology people out there, but I'm sure there are a ton of ways to adapt this concept to be relevant in other content areas.
I recently became interested in cryptocurrencies. Anyone who even casually browses the internet or who keeps up with current events has likely heard of Bitcoin. Though I do not own any Bitcoins, when I first heard of the idea, I was intrigued. Bitcoin is a digital currency which some say exists as the internet's approximation of gold. Anyone can use their computer's processing power to "mine" Bitcoin, though as time progressed, just like real gold, Bitcoins became more and more difficult to "mine". To "mine" a Bitcoin is to have your computer solve a rather difficult math problem. Over time the math problem becomes increasingly difficult, which allows Bitcoins to become more difficult to acquire over time, increasing their value.
When I first heard of Bitcoin, I was skeptical that it could ever become something truly valuable. I thought of it much like the real estate bubble that led to the economic depression of the past several years. I thought, "People say this is worth something, but how can something that cannot be redeemed for something useful carry an intrinsic value?" At one point, when Bitcoins were valued at $200 each, I half jokingly considered investing what little savings I had in the currency because I had seen it reach much higher values, crash, and rebound in the past. I definitely regret my decision not to invest in Bitcoins as they are now valued at over $900 each.
The last weeks of December 2013 brought a new cryptocurrency. It is called Dogecoin. Apparently there is an internet meme based on a cute looking dog that some motivated people created a new form of currency themed around. Its unofficial catch phrase goes something like, "Such coin, very currency, wow!" I knew nothing of the "doge" meme, but I was intrigued by a currency that was nearly identical to Bitcoin, yet highly accessible to anyone who wanted some. Because, unlike Bitcoin, the currency was new and still relatively easy to "mine" when I became interested in it, I was able to use the CPU of my personal laptop to produce nearly 1000 DOGE over the course of several weeks. How much is 1000 DOGE worth in USD? About 33 cents (which is far less value than the energy my processor used to produce them). When Bitcoins came into existence they were nearly worthless because nobody accepted them. Now it is possible to not only exchange Dogecoins for valuable Bitcoins, but many Dogecoin supporters have began accepting the currency for goods and services.
Learning about Dogecoin has taught me not only about cryptocurrencies but also about regular fiat currencies like the USD. In my opinion, and barring any intervention from governments (like we saw when China more or less banned the use of Bitcoins, and when the US arrested the operator of the Silk Road, a website that took advantage of the anonymity of cryptocurrency transactions to facilitate worldwide trade of illicit products up to and including heroin and murder-for-hire), these types of currencies are here to stay. This is because of the fact that currencies derive their value from the people who adopt them... Despite the fact that Bitcoin has no governing body manipulating interest rates or adjusting for inflation like the Fed does with the USD, it has become clear that there is a strong demand for a decentralized currency that can be transferred quickly and anonymously between any two persons in the world with an internet connection.
Though there are countless types of currencies in the world, US Dollars and the Euro are two of the world's favorite ways to express value. In order for people to accept and trade in a given currency, people must not only be able to exchange goods and services for a certain amount of it, but they must also be able to exchange the currency for goods and services themselves with ease. Bitcoin became valuable not only because of its built in rarity, but also the ease of its transmission. Cryptocurrency transactions are generally much faster than standard "ACH" (Automated Clearing House) transactions that banks use to transfer funds from one account to another. Instead of a centralized institution like a bank determining an individual's rights to a certain amount of digital currency, the entire network of computers participating in this great experiment provides validation for whether or not any particular user has any claim to a valuable "solution" to the Bitcoin algorithm and verifies when Bitcoins are transferred from one user to another. Though I do not own any Bitcoins, I could easily convert my Dogecoins to Bitcoins (though I would own a very small fraction of one), and with minimal effort I could convert those Bitcoins to US Dollars.
Cryptocurrencies are decentralized, which means that I do not need to go through a bank to transfer my valuable currency to another person. I need only to know that person's "wallet address" and I can send them as many "coins" as I want. Many banks charge a fee when a merchant accepts a transaction via credit or debit card. Many merchants, most notably Overstock.com, are beginning to accept payments in cryptocurrencies like Bitcoin. Accepting cryptocurrencies not only allows transactions to be processed more rapidly, but also payments are received in a currency that has a higher level of liquidity than the USD, as transactions can be processed nearly instantaneously.
Bitcoin was introduced in 2009. It took several years for it to reach mainstream status, but in that time, many early adopters became millionaires. The value of Dogecoins is currently quite low, so it is difficult to view it as a serious investment, however one cannot predict the future. To me, Dogecoin is simultaneously a satire and something real. Accepting that a currency that was made up on a whim has real and tangible value really amounts to a huge leap of faith, but taking this leap has been strongly influential on my thoughts about US Dollars and other more widely accepted currencies. The message I got from re-examining money in this way is that currencies are only as valuable as PEOPLE determine them to be based on what they can exchange them for.
My interest in Dogecoin led me to join the online community, Reddit, which is the community where the cute picture of a Shiba Inu dog spawned a new form of currency. Complete strangers walked me through the rather complicated process of setting up my computer to "mine" a digital coin that costs more to produce, due to the cost of electricity it takes for my computer to operate, than it is currently worth. Currently, the most active sector of the Dogecoin market is "tipping" members of the community. When someone posts something particularly insightful, useful, funny, or cathartic on Reddit, some Dogecoin enthusiasts "tip" them in Dogecoin. When Bitcoin first came around, Reddit users would often "tip" one another by sending them these coins. Today, a tip of a full Bitcoin would be a truly generous act, as giving someone a BTC would be the equivalent of nearly $1000. Currently, "mining" Bitcoins requires high end computing power, particularly the power possessed by top end graphics cards produced by companies such as NVidia and ATI. Interestingly, as the value of Bitcoins rises, so do the prices of top of the line video cards - an annoyance to gamers who seek the slick, hyper-realistic look that using such hardware provides.
Litecoin, like Dogecoin, is basically a copy of Bitcoin's concept with a few tweaks. For example, if savvy miners discovered every Dogecoin possible, there would be over 100 billion in circulation. However, the mathematics that provide rarity to Dogecoin make it so that as more coins enter circulation, new coins become increasingly difficult to acquire. Though, when first conceived, Litecoin was expected to be just another fad with values similar to those currently held by Dogecoin, in the past few years its value has soared to nearly $25 per Litecoin. In fact, many mining "pools", which are groups of people who combine their processing power, have progressed from mining Bitcoins, to mining Litecoins, to finally mining Dogecoins (which are then sold for Bitcoins which can be potentially exchanged for US Dollars). Of course, most of these pools sell their Dogecoins for Bitcoins because they are the most liquid form of digital currency available, I can imagine marketplaces that deal in Dogecoins alone (as we speak, markets that exchange DOGE to USD and vice versa are developing and are having difficulty keeping up with demand) giving this currency, based on a silly picture of a cute dog, tangible value.
As far as classroom application, I don't think that it would take a computer genius to design and implement a "Classcoin" that students could "mine" or acquire using different methods, though it would certainly take a person more technologically savvy than myself. Not only could students use processing power to generate new "Classcoins", but they could do things like trade them for extra points toward a test, develop services that other students might be interested in paying for such as tutoring. Also, the teacher can "mine" "Classcoins" and distribute them to students for any number of reasons. Instead of merely a process undertaken by a computer program, the system could be enhances so that students could be rewarded with increasing numbers of "Classcoins" because their classroom performance (grades, behavior, etc.) might directly correlate with the processor speed that their particular "Classcoin" mining program is capable of utilizing. Due to the design of cryptocurrencies in general, students could develop and participate in markets that trade them, develop unique ways and fresh markets for buying and selling these currencies, and use them as a lens to examine the way that fiat currencies like the USD gain, lose, and maintain value. If students mined and traded in a currency that is currenly relatively easy to "mine" with consumer hardware, such as Litecoin (which is considered by many to be the "silver" to Bitcoin's "gold"), proceeds could be easily converted to USD and spent on rewards and supplies to benefit students (at least until school supply companies begin to accept cryptocurrencies - Overstock.com is planning to soon!). Using cryptocurrencies makes it easy for parents and other interested parties to donate funds to schools, classrooms, teachers, and specials programs that directly benefit children without the need to interface with banks, checking accounts, or credit cards.
Sorry to post two unnecessarily long posts in a row. My wife and pretty much everybody else I know are pretty sick of hearing me yammer on and on about these things so you all get to hear some of it for once.
submitted by Dirtyoldguy366 to dogecoin [link] [comments]

IamA High School drop out that had a million dollar bet with his parents that if I made a million before I'm 18. I did not have to go to college! I won! AMA!

+erikfinman:
Hello Reddit!
You may have seen me at the top of /technology the other day and I got a lot of messages telling me to do an IAMA about this article on CNBC so here I am!
So I made a bet with my parents that if I turned 18 and was a millionaire, my parents wouldn't force me to go to college. I’m proud to say I won that bet! Thanks to some clever investments, making money from projects, and as is the case with everyone who has any kind of success (or even failure) a little bit of luck.
Here’s the story of how it happened:
When I was 12 years old in May 2011, my older brother showed me this technology that I fell in love with and found fascinating. The technology was called Bitcoin.
At that stage in life I had a $1000 saved up, solely a gift from my Grandma to use for my scholarship fund. It did not go to my scholarship fund. I asked my brother to help me put it into Bitcoin at $12 because I knew it would be huge in someway. At that point I had about a 100 bitcoins.
I continued to do ‘day trading’ buying low and selling high over the coming years as well and reinvesting the money.
Fast forward to when I was 14 in high school I was not enjoying school. I was in a small town in Idaho living on a llama farm. So the quality of the school system, was let’s say, not the highest grade. I found the classes to be boring, valuable to some people, but at least for me boring and teaching me in a way that didn’t make sense to me. Lessons that did not seem applicable in my life.
My teachers would constantly criticize people in the classroom. Especially me.
One teacher told me to drop out and work at McDonald's because that was all I would amount to for the rest of my life.
Another would force us to read other student’s grades out to the rest of the class to shame them for failing.
Another roasted me (me in particular) for the full hour of class. No teaching. It was literally the “Roast of Erik Finman”. Which now seems kind of funny actually but still very bad to do.
I went to a summer program to prepare me for the next year and found the best teacher ever in my life that changed my life who was from the UK. I got an A+ in advanced physics when I got a C- in basic physics the previous year.
With that knowledge. Since I didn’t have access to good teachers in my small town in Idaho. I wanted to fix it. So I learned how to code and created an educational website that would allow you to connect with Tutors/Teachers/Mentors online over video chat to teach you any subject you wanted to learn. You could search for Spanish. And find someone to teach you from Ecuador. You could type in programming and you’d find a CS college student that is trying to pay tuition by doing this on the side. Or a retired expert who is a veteran in his field that just wants to impart his knowledge onto others.
It became very popular in the local community! I told my teachers about it, but they did not like it because it felt like competition. Maybe they thought they might have to do better?
At this point I was 15 and this got some initial traction and I was using it to teach myself.
I asked my parents to let me drop out of High School to focus on this because I was miserable in school.
They agreed and were supportive, but they made a bet with me that I can drop out of High School, but I have to go to college if I don’t make a million dollars by the age 18.
I agreed and I dropped out of High School to work on this. A little bit after I dropped out of High School, and I had traction with my project. Bitcoin was shooting up! It was going big! $800! $900! $1000!!!!
So I sold a lot of my Bitcoins which resulted in me gaining a $100,000.
I used that money to put into my business so I could hire more professional programmers and I moved to Silicon Valley.
I even caught the attention of Alexis Ohanian of Reddit because his book at the time Without Their Permission is what got me started. He helped me in many ways!
Fast forward to early 2015. Eventually I found a buyer for the companies code & technology in January 2015. The investor offered either $100,000 or 300 bitcoin, which had dropped in value at that time to a little more than $200 a coin. I took the lower cash value bitcoin deal because I believed it was the next big thing and an official buyout would’ve been very difficult for someone under 18 and it was good tax planning to use Bitcoin. Also continuing to do day trading on a daily basis.
I used some of that money in the coming years to travel the world. Going to London, Dubai, Australia, and more!
I used that to start a VR company using crowdfunding and that did well. I shipped all those out. It was incredible!
Now I’m doing a satellite as part of a NASA award which is launching in November out of New Zealand! I'll probably do another post about this soon because it's so cool.
Elon Musk has always been hero of mine. He's such a talented guy changing the world with Tesla and SpaceX. I'm a great admirer of his and respect him immensely. He's the closest we have yet to a real life Iron Man. But who knows maybe I'll beat him one day haha ;-) After all we stand on the shoulders of giants right? haha that's a big goal though and I say it as such.
It’s been a fantastic few years! I’ve used that money to learn how to do a business, invest, and learn about the world! I didn’t do investing all the time and I used that money to build things that I thought were important! I haven’t done everything perfectly, no one has! I’ve made some humbling mistakes, but had lots of exciting successes! I’ve really launched my career in exciting ways and have met mentors that help me and advise me along the whole way! Which I’m so thankful for!
I’ve learned so much outside the education system and have been so much happier. Although I’m unique, I’ve met many many people that weren’t satisfied and unhappy — ranging from students with the lowest and highest GPAs. My GPA was a 2.1 in school!
And I’m happy I’m not going to College! College wasn’t for me but it was the ‘life path’ you are supposed to go on and I did not want to go nor felt it would’ve helped me too much in life — especially the $250,000 in debt! Or $249,000 with my scholarship fund if I had not used it on Bitcoin and my projects ;-)
I really believe the education system needs to be reformed and I think technology is the way to do that. I think it’s wonderful how society allows you to be a ‘student’ so that you can learn for many years and that’s your full time job. The infrastructure would just ideally be much better so you could do that without being in sometimes a bad environment and crippling debt.
I can say today that I own 403 bitcoins which is currently valued at $1,092,678.08 with the price per Bitcoin being at $2,711.36 plus some other money invested in other things. Can’t have all your eggs in one basket! So I won the bet!
If you have any questions let me know! And if you want any advice on cryptocurrency or your own educational route, or anything else let me know!
Also on reddit! People have made Pepe memes of me! I feel like I've finally made it: http://imgur.com/gallery/06dWK
If you want to keep updated with everything I’m doing! Follow me on twitter!
Proof:
Proof of the bet: http://www.cbsnews.com/news/erik-finman-botangle-after-100k-bitcoin-score-15-year-old-creates-startup/
Travel proof: http://imgur.com/a/kvlzR
Proof: I went through rigorous proof verification and fact checking with CNBC as you can see with this article. I keep my Bitcoin is super secure places spread out across multiple wallets across multiple machines. I'm so paranoid after all this media attention someone is going to steal it all! haha
Proof of growing up on the llama farm: http://imgur.com/gallery/6scF5 ---- ASK me about the time the llama came into my house!
Proof of the 100k initially made: http://mashable.com/2014/06/10/botangle/
Proof it's really me: http://imgur.com/a/zc3eu
Edit: Wow! Thanks for the gold guys!
Edit: Was on for the first few hours of the AMA and had a meeting to go to and I just came back now to see all these great questions! Questions I all have answers to! I will respond to them tomorrow as it's midnight here now.
Edit: That's it for me! A lot of great questions and a lot of great feedback.
submitted by Concise_AMA_Bot to ConciseIAmA [link] [comments]

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