“We’re used to finding a bit of pottery and trying to reconstruct a civilisation from that,” he said. “Here we’ve got the lot. We should be able to find out what they wore, what they ate and how they cooked it, the table they ate off and the chairs they sat on.
“These people were rich, they wanted for absolutely nothing. The site is so rich in material goods we have to look now at other bronze age sites where very little was found, and ask if they were once equally rich but have been stripped.”
If Mike Hearn is calling Bitcoin a failure, it’s a failure. Maybe there are a few sour grapes there, but his conclusions are accurate. The idea that Bitcoin was decentralized was never true (as I’ve stated multiple times in the past). It’s always been at the mercy of those authorized to update the core software. And unfortunately those in charge are complete lunatics.
What was meant to be a new, decentralised form of money that lacked “systemically important institutions” and “too big to fail” has become something even worse: a system completely controlled by just a handful of people. Worse still, the network is on the brink of technical collapse. The mechanisms that should have prevented this outcome have broken down, and as a result there’s no longer much reason to think Bitcoin can actually be better than the existing financial system.
Possibly Roger Mellie, the Man on the Telly; Nobby’s Piles; Johnny Fartpants; Buster Gonad; Sid the Sexist; Sweary Mary or Finbarr Saunders and his Double Entendres.
Time to sell those Telecoms Short! This will be disruptive.
“SpaceX is upping the ante in the race for a satellite-based wireless network by planning to launch 4,000 SpaceX satellites into orbit over the next five years, beginning in 2017, at an estimated cost of $3 billion. SpaceX will build all 4,000 satellites at its facilities in Seattle, Washington. SpaceX just launched 11 satellites into orbit last month and is set to deliver ViaSat’s next-generation high-capacity broadband satellite, ViaSat-2, in August 2016.
But SpaceX, with support from Google and Fidelity, isn’t alone: Richard Branson has backed One Web and teamed with Airbus and Arianespace to launch a network of 648 satellites in 2018 at an estimated cost of $3 billion. Both companies claim their networks will bring cheaper and faster Internet to underserved and rural locations around the world.”
Via James Lamb who also mentions that while the cover image for this clip looks kinda boring, the video is a classic. All you need to know really that it’s a Taiwanese take on the latest Bundy nonsense. It’s pretty funny.
“Modern blockbusters are not enjoyable the way the original “Star Wars” was, because they come at you as artifacts of high finance. Sitting in the theater at “Avatar,” I felt like I was being pounded into submission by a giant hedge fund. Watching “The Force Awakens,” I felt as though I was being shown a trailer for the next four movies in the series. Except that trailers aren’t normally two hours long and you don’t have to pay $12.50 to see them.”