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Category: cryptocurrencies – Page 46

Immortality, Cryogenics and UBI: How The Crypto Rich Influence Science

The rise of cryptocurrency is changing the philanthropic world by causing the redistribution of wealth from old money to visionary innovators and early tech adopters. The new crypto rich invest their donations by supporting scientific research in groundbreaking fields that may one day enable humanity to cure aging, reverse death and completely change the relationship between work and income.

Also Read: How Does a Country Do an ICO? They Call It QE

Examining the record of donations made by the crypto rich reveals a pattern of support for goals that others may feel belong in the pages of science fiction novels. Having benefited greatly from recognizing the potential of peer to peer electronic cash earlier than the masses, it is no surprise that they have great optimism in the power of technology to radically change our lives for the better.

Employees connect nuclear plant to the internet so they can mine cryptocurrency

Ukrainian authorities are investigating a potential security breach at a local nuclear power plant after employees connected parts of its internal network to the internet so they could mine cryptocurrency.

The investigation is being led by the Ukrainian Secret Service (SBU), who is looking at the incident as a potential breach of state secrets due to the classification of nuclear power plants as critical infrastructure.

Investigators are examining if attackers might have used the mining rigs as a pivot point to enter the nuclear power plant’s network and retrieve information from its systems, such as data about the plant’s physical defenses and protections.

‘Youngest Bitcoin Millionaire’ Willing to Stake it All on Metal Pay

Metallicus, the startup behind the peer-to-peer payments platform Metal Pay, received an undisclosed angel investment from the youngest bitcoin millionaire, Erik Finman.

In partnership with Metal Pay CEO Marshall Hayner, the two look to develop the first “all-in-one” cryptocurrency banking platform, which includes a 17 digital asset exchange, a digital bank and a payments application with social features similar to Venmo.

Founded in September, Metal Pay has processed approximately $11 million in total payments from nearly 130,000 registered users across 38 states. On a monthly basis, the company processes $1 million in crypto or fiat for around 30,000 active users, according to Hayner.

Spending Bitcoin in person is easy (What happens in background is elegant)

Today, I was co-host of an online cryptocurrency symposium—taking questions from hundreds of visitors. A common question goes something like this:

Can Bitcoin be used in person—or
is it just for internet commerce?

Our panel had a moderator, and also an off-screen video director. As I cleared my throat in preparation to offer a response, a voice in my ear reminded me that it was not my turn. The director explained that another panelist would reply. It was a highly regarded analyst and educator in Australia. Realizing that that she was calling the shots, I deferred.

I was shocked as I listened to a far off colleague suggest that Bitcoin is not useful for in-person payments. I wonder how he explains this to the grocers, tailors, lawyers, theme parks and thousands of retailers who save millions of dollars each year by accepting bitcoin—all without risk of volatility and even if they demand to instantly convert sales revenue into Fiat currency.*

“Of course it can be used in person, Numb-nut!” (I kept the thought to myself. I know better than to criticize another speaker).

Continue reading “Spending Bitcoin in person is easy (What happens in background is elegant)” | >

Brent Nally interviews Dr. Aubrey de Grey @ SENS on July 17, 2019

My mission is to drastically improve your life by helping you break bad habits, build and keep new healthy habits to make you the best version of yourself. I read the books and do all the research and share my findings with you!

This video is an interview of Dr. Aubrey de Grey @ SENS on July 17, 2019. My wife, Lauren Nally, was our camerawoman.

- Please consider a donation so I can continue to keep my YouTube ads off: My Bitcoin Cash (BCH) address: qr9gcfv92pzwfwa5hj9sqk3ptcnr5jss2g78n7w6f2 or https://www.paypal.me/BrentNally
- Please consider a donation to SENS: https://www.sens.org/

SHOW NOTES:

- Aubrey’s wikipedia: https://en.wikipedia.org/wiki/Aubrey_de_Grey
- SENS wikipedia: https://en.wikipedia.org/wiki/SENS_Research_Foundation
- like & follow SENS on Facebook: https://www.facebook.com/sensf/?ref=br_rs
- subscribe to Undoing Aging’s YouTube channel: https://www.youtube.com/channel/UCAwxbQhlE6qcTXmKcxkaCGA/videos
- follow Aubrey on Twitter: https://twitter.com/aubreydegrey
- follow SENS on Twitter: https://twitter.com/senstweet
- follow Aubrey on LinkedIn: https://www.linkedin.com/in/aubrey-de-grey-24260b/
- follow SENS on Instagram: https://www.instagram.com/sensresearchfoundation/
0:55 Type “Aubrey de Grey” into YouTube for lots of his lectures & interviews.
1:50 Update on the state of the anti-aging industry & explosion of private sector interest.
5:05 Intro for Aubrey
5:35 My May 30, 2019 interview with Sierra Sciences CEO Dr. Bill Andrews: https://www.youtube.com/watch?v=Tx9yG6iTROQ
6:25 diversity of messaging in anti-aging is increasing.
7:10 My July 10, 2019 interview with BioViva CEO Liz Parrish: https://www.youtube.com/watch?v=oBFTwGPaPr4
8:28 Aubrey shares his updated thoughts on the role of telomerase in cancer in humans.
12:00 Liz had here telomeres tested by SpectraCell Laboratories: https://www.spectracell.com/clinicians/products/telomere-testing/ & LifeLength: https://lifelength.com/
14:10 there has recently been more testing on humans in the field of the biology of aging.
15:44 It’s obvious to Aubrey & I that aging is a big problem but most people still don’t understand this.
18:40 profound difference between how scientists & technologists think.
22:11 Watch the documentary “The Immortalists” about Dr. Aubrey de Grey & Dr. Bill Andrews: https://www.theimmortalists.com/watch/?
22:58 updates on anti-aging investments & research projects.
30:01 stem cell therapy is intended to repair cell loss.
30:50: we have a massive funding problem to reverse human aging.
32:53 we must educate the public that aging is causing 100,000 deaths per day and funding biological age reversal research can change this.
36:52 Is human aging a disease?
44:10 FDA progress to treat age-related diseases/conditions.
47:38 World Health Organization ICD code progress to treat age-related diseases/conditions.
50:02 Trans-NIH Geroscience Interest Group (GSIG)
54:40 “triangular log jam” of funding with governments, scientists and public opinion.
56:30 Aubrey shares why SENS still exists.
1:00:38 Ethereum cryptocurrency founder Vitalik Buterin & other SENS donors.
1:01:55 Undoing Aging is a conference held every spring in Berlin, Germany.
1:04:53 July 2019 is Aubrey’s 2-year anniversary at AgeX as the VP of New Technology Discovery.
1:08:44 Jeff Bezos donated $100 million to Unity Biotechnology, Inc. (not Human Longevity Inc.) in 2018.
1:11:02 (Larry) Ellison Medical Foundation failure in reversing human aging.
1:14:15 Google co-founders creating Calico rather than investing in or donating to SENS
1:21: Aubrey shares details about his lifestyle as well as his recommendations for a healthy lifestyle.
1:24:25 Aubrey looks up to the longevity “foot soldiers“
1:28:42 do what you love as much as you can to avoid excess mental, physical and emotional stress.
1:30:40 Aubrey is following all longevity therapies to determine their safety & effectiveness.
1:32:20 my stem cells story & Aubrey’s feedback.
1:34:58 EmCell in Kyiv, Ukraine is the only company doing fetal stem cells therapy.
1:39:20 exosomes
1:41:00 I’ve had no reply from Ambrosia founder Jesse Karmazin since October 2018.
1:42:51 My March 26, 2019 interview with Dr. Ed Park at Recharge Biomedical: https://www.youtube.com/watch?v=xHgfYKsH0uw&list=UUCwpkla04t…qA&index=6
1:44:31 NAD+
1:47:39 gene therapy
1:53:37 please network on the internet & in person with other longevity enthusiasts to help grow this movement faster.
1:58:48 mitochondria
2:00:48 long lived animals
2:01:49 consider a donation to SENS

- Forever Labs 1 year free cryogenic storage discount code ($250 value): BN801

Continue reading “Brent Nally interviews Dr. Aubrey de Grey @ SENS on July 17, 2019” | >

What is a ‘paper wallet?’ Do I need one?

This post is structured as a question-&-answer. That’s because it was originally an answer at Quora, a Q&A site at which I am a Bitcoin columnist.

What is a ‘Paper Wallet’

A paper wallet is the ultimate offline wallet. It simply means that the private address to your crypto wallet is printed on paper — either as a string of characters, a QR code, or a series of seed recovery words.

If you destroy any electronic copy of your original wallet (e.g. the private keys that give you access to your wealth), then hiding this piece of paper is very similar to hiding a bar of gold. The only way that someone can steal it or know the amount it represents is to get their eyes and hands on something physical. They would need to know that you tucked it into your mattress or behind a secret panel of your cellar wall.

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About the Fuss: Is Bitcoin really important?

This afternoon, an automated bot at Quora suggested that I answer a reader question. Quora is essentially an “Ask the expert” web site. It is the world’s largest, cataloged and indexed Q&A repository.

This is the question I was asked to answer:

Some pundits believe Bitcoin is a fad, while others seem to feel that it is better than sliced bread. I like sliced bread.* Is Bitcoin really that cool? —Or is it just a lot of Geeky hype?

One other columnist answered before me. Normally, I pass on an invitation, if a question has already been answered. But in this case, the individual answering the question has yet to see the light. He has wandered into the Church of the Blockchain, but he just didn’t realize that the man sweeping the floor is the prophet.

Continue reading “About the Fuss: Is Bitcoin really important?” | >

Does decentralized currency thwart crisis intervention?

Here is another economics/policy question that I was asked to address at Quora. It provides great fodder for a quick Lifeboat economics review.

The US used quantitative easing to deal with one monetary crisis, and a bailout of the automotive and banking industry to deal with another. If nations, economies or individuals begin to embrace a decentralized currency, they will inevitably shift away from government issued money. Won’t this hinder a nation’s ability to intervene in a crisis?

Answering this question goes to the very heart of the ethics and politics of cryptocurrency.

Yes. Without centralized control over monetary policy, government options for intervention in a money crisis would be severely limited. But this fact may lead to a false impression…

Continue reading “Does decentralized currency thwart crisis intervention?” | >

Profit from Bitcoin with out Investing or Trading

I find it encouraging that so many people want to know if they should get into Bitcoin. But, I am discouraged when I discover that “getting into” is a euphemism for investing, trading, flipping or HODL (Buy, then hold on for dear life).

Sure, Bitcoin is deflationary. If widely adopted, it is likely to increase in value. But adoption is being thwarted by traders. Today 95% of cryptocurrency transactions are by individuals or organizations buying or swapping cryptocurrency rather than using crypto to buy apples, a new car, or a family vacation.

Many people consider Bitcoin to be risky and not just as an investment! They think its risky to use a payment instrument. The perception of risk is associated with its widely fluctuating exchange rate. In the end, the exchange value won’t matter at all, because Bitcoin will be the money and not the dollar, yen, euro or pound. But, unfortunately, even though the argument for widespread adoption is compelling, it will not occur while we continue to see spikes and plunges on a graph.

If you are waiting for volatility to abate, then we need adoption beyond bleeding edge adopters (so called Geeks and nerds). And I am not referring to traders. We must arrive at a day when the fraction of transactions driven by purchase & sale, debt payment, salaries, memberships, fees, and settlements and big companies quoting grain, oil or ships dwarfs the fraction driven by speculators & investors. This is the only way to trigger the series of reactions that will lead to stability, ubiquity and public trust.

Trading is only one way to profit from the cryptocurrency market—and it is, by far, the most risky. In fact, if you employ the tools and techniques of technical analysis (i.e. you study graphs of performance over time), then you certainly won’t make money. In fact, you will lose your shirt.

I don’t recommend trading as a core strategy for building a career around cryptocurrency. You can make a decent living with a real crypto career, or a consulting sideline. We will get to a few suggestions below. But, if you wish to invest, day trade or HODL, stick to gradual, dollar-cost-averaging instead. Choose a small, monthly budget that doesn’t take food off the table and that you can afford to lose. This is the method of anyone who built great wealth through equities, including Warren Buffet.

Other ways to profit from cryptocurrency

Continue reading “Profit from Bitcoin with out Investing or Trading” | >