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Category: government – Page 185

NASA is about to announce the 8 astronauts who will fly SpaceX and Boeing’s spaceships for the first time — here’s who they might be

Here’s who we think they might be:

NASA is about to name the first eight astronauts ever to fly Boeing and SpaceX’s brand-new spaceships.

The Commercial Crew Program, as it’s called, is a spaceflight competition that NASA started about two years before retiring its space shuttles in July 2011. The goal: ensure NASA astronauts can access the International Space Station and end US reliance on Russia’s increasingly expensive Soyuz spaceships to get there.

Boeing and SpaceX came out on top with their CST-100 Starliner and Crew Dragon space capsule designs, respectively. Together, the two companies earned about $8 billion in government contracts and awards. Their new ships could be test-launched (without any astronauts inside) by the end of the year.

Is Bitcoin Erasing 300 years of Monetary Evolution?

Today, economist and Nobel laureate, Paul Krugman, wrote in the New York Times, that Bitcoin is taking us back 300 years in monetary evolution. As a result, he predicts all sorts of bad things.

A significant basis for Mr. Krugman’s argument is that the US dollar has value because men with guns say it does.

Is Bitcoin erasing 300 years of monetary evolution?

Running with the metaphor that fundamental change to an economic mechanism represents ‘evolution’, I think a more accurate statement is that Bitcoin is not erasing the lessons of history. Rather, it is the current step in the evolution of money. Of course, with living species, evolution is a gradual process based on natural selection and adaptation. With Bitcoin, change is coming up in the rear view mirror at lightning speed.

The Evolution of Money

When a medium of exchange is portable, fungible, divisible, unforgeable and widely accepted, it becomes money. For at least six millennia, barter was gradually replaced by various mediums of exchange.

  • Obsidian —» Cowry shells —» Gold —» Promissory notes (backed by a Bank, employer or wealthy industry) —» Fiat (national currency)

But what backs these forms of money? What gives them value?

The first 3 currencies above were accepted as money on 5 continents. They were backed by their scarcity and unique characteristic properties (Aristotle called this intrinsic value). But even gold cannot serve as a widely used currency today. Although it is portable and scarce, it is not easily tested or subdivided in the field; it is risky to transport and difficult to track; and it is not suited to instant electronic settlement. But what about Fiat money. What backs it?

What Backs National Currencies?

Fiat has been backed by various different things throughout history. They are all compromised attempts to establish confidence and trust. They are compromised, because the fall short of one or more facets of trust.

In the list below, monetary backings in Red are what Mr. Krugman calls “men with guns”. That is, he claims that government demands give value to the dollar:

  • Value tied to gold —» Promise of redemption —» Legal tender (public must accept it for all debts) —» settlement of taxes —» The “good faith and credit” of workers

Unfortunately, the transition away from a trustworthy basis and the constant temptation of kings, dictators and politicians to print money based on credit (or nothing at all—as in the case of our fractional reserve system), has created a house of cards that few people believe is sustainable.

Bitcoin changes all this.

Finally, a crowd-sourced trust basis was invented (or discovered). It is unhackable, un-inflatable, unforgeable and immutable. Most important, it allows a government to be decoupled from its own monetary policy and supply. This is a remarkably good thing for businesses, consumers, creditors, trading partners—and especially for governments.

And Bitcoin is backed by something better than guns, gold or promises. It is provably scarce, capped in supply, completely fair, and built on a massive, crowd-sourced network of bookkeepers and auditors. It is the first currency—and quite probably the last—built on genius math and indisputable trust.

Despite the gross misunderstandings and misconceptions of early pundits, it does not interfere with a government’s ability to tax, to spend or to enforce tax collection—and it does not facilitate crime.

Bitcoin is new, but the goal of distributing trust is not as radical as you might think. It addresses a problem that economists and mathematicians have pondered since Aristotle and the ancient Greeks…

Background

Ever since the transition from real gold to government notes, bank notes and bank ledgers—economists have wondered if value can arise from a public trust that is durable, distributed and stateless. Until 2009, the answer seemed to be that this was impossible because of the double-spend problem.

But 9 years ago, something changed; and the change is dramatic. It will take an additional decade for most people to understand and appreciate this change…

In the first paragraph, I cited Mr. Krugman’s statement that the US Dollar has value because of “men with guns” (a reference to the fact that its use is legally compelled for payment of any debt and for government taxes). But this is not what gives it value. The dollar, the Euro, a Picasso painting and a fresh serving of hot french fries all derive their value from supply and demand. Bitcoin is no different. The trick is to generate viral demand and a ubiquitous infrastructure needed to achieve a robust two-sided network.

In the white paper that introduced both blockchain and Bitcoin (the first blockchain application), Satoshi taught us that a widespread and easy to access communications network (the internet and universal access to smartphones) can give rise to value that is based on a different type of trust. Instead of trust in a government, a bank, or testing the chemistry of a precious metal, value can arise from trust in a formula that is ubiquitous, redundant and constantly monitored and vetted.

All of these things have a value based on demand and the available supply. But with Bitcoin, the medium of exchange (and additionally the store and transfer of value), can be achieved by math, distributed trust and a pure, two-sided network.

So, is Bitcoin taking us backward in time, utility, safety and governance? I have never been awarded a Nobel Prize—but it seems pretty clear to me that Bitcoin is taking us forward and not backward.

Philip Raymond co-chairs CRYPSA, hosts the New York Bitcoin Event and is keynote speaker at Cryptocurrency Conferences. He sits on the New Money Systems board of Lifeboat Foundation. Book a presentation or consulting engagement.

Robots Can’t Hold Stuff Very Well, But You Can Help

Humanoid Robot torsos, legs, and arms are about where they need to be. But the robot hands are not quite where they need to be yet if we really want them to take all the jobs. The government is dumping a lot of money into robotic hand’s for amputees, which i’m sure they plan to eventually put on the humanoid robots, but it should be pushed along faster.

Imagine, for a moment, the simple act of picking up a playing card from a table. You have a couple of options: Maybe you jam your fingernail under it for leverage, or drag it over the edge of the table.

Now imagine a robot trying to do the same thing. Tricky: Most robots don’t have fingernails, or friction-facilitating fingerpads that perfectly mimic ours. So many of these delicate manipulations continue to escape robotic control. But engineers are making steady progress in getting the machines to manipulate our world. And now, you can help them from the comfort of your own home.

UC Berkeley and Siemens researchers have launched something called Dex-Net as a Service, a beta program that computes how and where a robot should grip objects like vases and turbine housings. You can even upload designs of your own objects. The goal: to one day get the robot in your home to call up to the cloud for tips on how to manipulate novel objects. Maybe we can even keep them from destroying the delicates.

Could We Use Space to Pay for a Universal Basic Income?

Universal basic income is a generous idea in principle, with clear benefits to society. However, the question of how to pay for it remains an enigma. While some propose taxation, others think we should use the booming space trade to benefit us all.

Universal basic income is the idea that every citizen should receive an amount of money from the government to meet their needs, regardless of age, race, gender, or even need. It has been billed as a solution to a variety of current and potential societal problems, including AI automation, poverty, and people losing the ability to allocate their own time.

Home: Today, all the action beyond low earth orbit is telecom, government, and military

Tomorrow it’s commercial tourism, space energy, space data centers, in-space manufacturing and resource exploration & utilization. Companies all over the world are creating incredible future technologies that will one day operate in deep space. But one question largely goes unanswered: how will they get there? We will take them.

Chemical and ion electrical propulsion have their limitations. We’re building breakthrough transportation technology to propel the next generation of space endeavors more efficiently, safely, and inexpensively than ever before.

UK military aircraft technology

We are immensely proud to continue a long tradition of aeronautical expertise that helps maintain security and defend nations as well as bringing significant economic, technological and skills benefits. The UK Government has launched its Combat Air Strategy at the 2018 Farnborough International Air Show with the aim of delivering the next generation of combat air capability by 2035.

Plutonium Was Stolen From the Back of a Van at a Texas Marriott

Their task was to ensure that the radioactive materials did not fall into the wrong hands on the way back to Idaho, where the government maintains a stockpile of nuclear explosive materials for the military and others.

To ensure they got the right items, the specialists from Idaho brought radiation detectors and small samples of dangerous materials to calibrate them: specifically, a plastic-covered disk of plutonium, a material that can be used to fuel nuclear weapons, and another of cesium, a highly radioactive isotope that could potentially be used in a so-called “dirty” radioactive bomb.

But when they stopped at a Marriott hotel just off Highway 410, in a high-crime neighborhood filled with temp agencies and ranch homes, they left those sensors on the back seat of their rented Ford Expedition. When they awoke the next morning, the window had been smashed and the special valises holding these sensors and nuclear materials had vanished.

Chinese Government Developing AI To Recognize Anyone, Anywhere

China’s elite Technocracy is fully dedicated to being the global leader in Artificial Intelligence. These two companies alone are valued at over $6 billion and are revolutionizing surveillance for the purpose of social engineering. SenseTime is already the most funded AI startup. This technology is already starting to filter back into the U.S. ⁃ TN Editor.

A computer system that can track and identify any face anywhere may sound like science fiction, but, in China, two such companies are barreling ahead at making such technology an everyday reality.

The two startups, SenseTime and Megvii, are developing competing facial recognition platforms powered by artificial intelligence.

NASA director reverses on climate change, after 1 month

For millennia, our planet has sustained a robust ecosystem; healing each deforestation, algae bloom, pollution or imbalance caused by natural events. Before the arrival of an industrialized, destructive and dominant global species, it could pretty much deal with anything short of a major meteor impact. In the big picture, even these cataclysmic events haven’t destroyed the environment—they just changed the course of evolution and rearranged the alpha animal.

But with industrialization, the race for personal wealth, nations fighting nations, and modern comforts, we have recognized that our planet is not invincible. This is why Lifeboat Foundation exists. We are all about recognizing the limits to growth and protecting our fragile environment.

Check out this April news article on the US president’s forthcoming appointment of Jim Bridenstine, a vocal climate denier, as head of NASA. NASA is one of the biggest agencies on earth. Despite a lack of training or experience—without literacy in science, technology or astrophysics—he was handed an enormous responsibility, a staff of 17,000 and a budget of $19 billion.

In 2013, Bridenstine criticized former president Obama for wasting taxpayer money on climate research, and claimed that global temperatures stopped rising 15 years ago.

The Vox News headline states “Next NASA administrator is a Republican congressman with no background in science”. It points out that Jim Bridenstine’s confirmation has been controversial — even among members of his own party.

Sometimes, flip-flopping is a good thing

In less than one month, Jim Bridenstine has changed—he has changed a lot!

After less then a month as head of NASA, he is convinced that climate change is real, that human activity is the significant cause and that it presents an existential threat. He has changed from climate denier to a passionate advocate for doing whatever is needed to reverse our impact and protect the environment.

What changed?

Bridenstine acknowledges that he was a denier, but feels that exposure to the evidence and science is overwhelming and convincing—even in with just a few weeks exposure to world class scientists and engineers.

For anyone who still claims that there is no global warming or that the evidence is ‘iffy’, it is worth noting that Bridenstine was a hand-picked goon. His appointment was recommended by right wing conservatives and rubber stamped by the current administration. He was a Denier—but had a sufficiently open mind to listen to experts and review the evidence.

Do you suppose that the US president is listening? Do you suppose that he will grasp the most important issues of this century? What about other world leaders, legislative bodies and rock stars? Will they use their powers or influence to do the right thing? For the sake of our existence, let us hope they follow the lead of Jim Bridenstine, former climate denier!

Philip Raymond co-chairs CRYPSA, hosts the New York Bitcoin Event and is keynote speaker at Cryptocurrency Conferences. He sits on the New Money Systems board of Lifeboat Foundation. Book a presentation or consulting engagement.

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