Previously the only real options we have to use as "money" are nation-state derived and under the control of central bankers. For various reasons, nothing else (eg. gold, stocks, property) presented a practical alternative to state issued money in fulfilling the core functions of:
- medium of exchange
- unit of account
- store of value
Central banks and governments always ended up debasing their currencies. They ranged from super-corrupt to just believing weird keynsian-stimulus stuff, and always end up printing money and debasing the currency. QE given to corrupt politicians as happens in africa enriches the politicians at the cost of everyone else holding or earning the currency. QE given to bankers as in USA enriches asset owners at the cost of savers and wage earners.
Finally, cryptocurrencies with fixed, limited inflation schedules provide a competitive non-inflationary alternative to state issued currency.
Agreed. The article also made me think a little too... I mean there must be some seriously... Um, dedicated, people out there working on this stuff, and somehow it trundles along, and the end result is pretty damn good. Life I guess.
Have you never noticed that all the really good sites you 'find' have been because someone posted the link? For example in a comment on HN, or reddit. Or a related link on Wikipedia or the sidebar of a subreddit?
That to an extent, and also the fact that _real_ artificial intelligence - the kind that you could share exactly where you're up to with programming and it could tell you exactly what site to read next - that doesn't exist yet.
I once read that Google indexes 0.5% of everything publicly known.
I agree! I'd never thought of using tor, but I had very similar ideas about an engine that doesn't index a site if it has ads, etc.
I had an idea of using a delayed response in order to lessen the hardware requirements. So a user submits a query, then checks back later for a response. A little bit like a traditional library, haha!
Anyway, i'm really glad to hear others are doing similar stuff, I think there is a market. The info is out there, it's just lost in a sea of noise.
I like Firefox too, but chrome still displays JSON objects in the console very nicely. I haven't found a good way to do this in FF yet. Do you know of a way?