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          2/9/2019: FP REGINA: OSC PROBES DIGITAL PLATFORM      Cache   Translate Page      

The Ontario Securities Commission said on Friday that it was looking into Quadriga CX, the digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts. “Given the potential harm to Ontario...
          A sudden death, an encrypted laptop and the missing wallets with $250M worth of cryptocurrency - Financial Post      Cache   Translate Page      
A sudden death, an encrypted laptop and the missing wallets with $250M worth of cryptocurrency  Financial Post

Amid conspiracy theories that founder Gerry Cotten is faking his death, his widow is unable to find the passwords that would unlock Quadriga's inventory of ...


          Quadriga's Collapse Cost One Canadian Software Engineer His Entire Life's Savings      Cache   Translate Page      

It has been two months since Quadriga founder and CEO Gerald Cotten died and took the keys to his crypto exchange's cold-storage wallets to the grave (at least, that's the official version of events relayed by the company and Cotten's widow to a bankruptcy court in Canada, where Quadriga is seeking protection from a flurry of customer lawsuits). And as a growing number of analysts and amateur sleuths call bs on the company's narrative - leading some to wonder whether Cotten might have faked his own death in a foreign land and run off with $150 million of his clients' money - the first stories of people who lost their entire life savings in the imbroglio are beginning to emerge.

Enter Tong Zou, a 30-year-old Canadian software engineer who had been working in Silicon Valley for the past seven years as a software engineer. After deciding to move to Vancouver last year, he decided he'd try and save a few bucks on transfer fees when converting his USD life savings into Canadian dollars. To accomplish this, he first converted his money into crypto on Quadriga's platform, then traded it for the Canadian dollar equivalent and tried to transfer the proceeds to his Canadian bank account.

Screenshot

Tong Zou

What happened next is pretty much the definition of "wrong place, wrong time."

Suffice it to say, around this time, Quadriga ran into the "liquidity issues" that are the subject of its current bankruptcy filing. As a result, Zou's transfer has been pending for months.

He believes he won't ever see the money - some $422,000 he had saved over the past seven years.

"It’s all my savings, so I’m just living on what little I have left and trying to start over," Zou said in a phone interview Friday from Vancouver, where he has been living out of an AirBnB for the past month. “It pretty much took everything away from me."

Zou is one of Quadriga’s 115,000 clients who are out of luck after the sudden death of the firm’s founder left C$190 million in cryptocurrencies protected by his passwords unretrievable. The exchange has halted operations and was granted protection from creditors on Feb. 5 in Nova Scotia Supreme Court in Halifax.

Zou considers himself "one of the largest affected individual users" - according to an affidavit he filed this week as part of the court proceedings. He bought Bitcoin in the U.S. and transferred it over to Quadriga CX and immediately sold it for Canadian dollars, which was supposed to be deposited into his Canadian bank account. That was in October. He’s still waiting.

"I wasn’t using it for trading - I just wanted to move my money over to my Canadian bank account," Zou said in the interview. "What I didn’t know was that my withdrawal would be pending or incomplete and it never got deposited in my bank account. I’ve been waiting four months so far."

Now, Zou is stuck in an Airbnb in Vancouver, and struggling to figure out his next move, according to an interview with BBG.

And he's not the only one.

"A lot of other people are in the same situation as me," he said.

Meanwhile, Cotten's ex-wife and his fellow executives at Quadriga claim that outside cybersecurity experts brought in to try and penetrate Cotten's encrypted phone and laptop have achieved only "limited success", and the wallet keys remain nowhere to be found.

Yet, as we noted the other day, there has been some movement of coins from wallets believed to be controlled by Quadriga. Though these could have been automatic transfers set up before Cotten's death, the issue has certainly added fodder for certain 'conspiracy theories' about Cotten, as some question the official narrative that he died in Jaipur, India while on a trip to set up an orphanage.


          Canadian Securities Looking Into Cryptocurrency      Cache   Translate Page      

Canadian Securities Regulator ‘Looking Into’ QuadrigaCX Cryptocurrency Exchange

              

One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances.” Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for […]

Post source: Union Bank of the Philippines Launching Cryptocurrency ATM

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Bitcoin Lightning Network Hits 6,000 Nodes After Week Of Twitter Spotlight      Cache   Translate Page      

Bitcoin’s mainnet Lightning Network implementation has hit new records across the board as its rapid growth continues in 2019. 6,000 Nodes, $2.4 Million Capacity Data from monitoring resource 1ML.com confirms that the number of active nodes, channels and overall transaction capacity of Lightning are all now higher than ever in its thirteen-month history. The increase […]

Post source: Bitcoin Lightning Network Hits 6,000 Nodes After Week Of Twitter Spotlight

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          ‘This is the Next Dotcom’ – 95% of Cryptocurrencies ‘Useless,’ Says Bitwise Market Analyst      Cache   Translate Page      

Matt Hougan of Bitwise Asset Management believes the sooner the cryptocurrency purge happens, the better it will be for the fledgling industry. Hougan says he expects the coming reckoning to wipe away the many worthless coins currently in existence, much like during the dot-com era. 95 Percent of Cryptos Are ‘Useless’ Appearing on the Masters […]

Post source: ‘This is the Next Dotcom’ – 95% of Cryptocurrencies ‘Useless,’ Says Bitwise Market Analyst

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          The Daily: Cointelligence’s Exchange Rating System, Bithumb Launches OTC Desk      Cache   Translate Page      

In the first edition of The Daily this weekend, we cover the details around the launch of a new cryptocurrency exchange rating system by Cointelligence. Also, South Korean exchange Bithumb has announced it’s establishing an OTC trading desk in Hong Kong, and the popular messenger service Telegram has postponed the launch of its TON network […]

Post source: The Daily: Cointelligence’s Exchange Rating System, Bithumb Launches OTC Desk

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          US Lawyers: Crypto Regulations Are ‘Tough Waters to Navigate’      Cache   Translate Page      

In a recent interview, Matt Kohen and Justin Wales, two senior counsels working for Carlton Fields’ virtual currency and distributed ledger technology group, highlighted the challenges that legal practitioners and regulators face in interpreting United States regulations pertaining to cryptocurrency. Also Read: Quadrigacx Saga: Founder’s Widow Owns $5.6m Properties, Hospital Confirms Cotten’s Death Cryptocurrency Lawyers Emphasize […]

Post source: US Lawyers: Crypto Regulations Are ‘Tough Waters to Navigate’

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Amazoncoin: Every eighth customer would buy cryptocurrencies from Amazon      Cache   Translate Page      

A survey of just over 1,000 Amazon customers has shown that around one in eight (12.7%) would feel comfortable buying crypto currencies on the digital marketplace. The business news site Investing.com recently released the results of a large survey among Amazon customers. 1013 people participated in the study. Among other things, it was about new […]

Post source: Amazoncoin: Every eighth customer would buy cryptocurrencies from Amazon

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Binance Chain Will Charge ‘Close’ To $100K to List New Coins      Cache   Translate Page      

The CEO of Binance, Changpeng Zhao, revealed that the company’s decentralized exchange (DEX), Binance Chain, will charge ‘close’ to $100,000 for listing new coins.  $100K Listing Fee Set ‘Deliberately’ In a 45-minute live ask-me-anything (AMA), CEO of Binance, Changpeng Zhao, said that there will be a listing fee for new coins on the company’s DEX – […]

Post source: Binance Chain Will Charge ‘Close’ To $100K to List New Coins

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Flyp.me, el exchange de criptomonedas sin registro, lanza un nuevo diseño para intercambios instantáneos      Cache   Translate Page      

Flyp.me, la casa de cambio de criptomonedas sin necesidad de registrar una cuenta, acaba de lanzar su nuevo diseño. Lanzado por primera vez en 2017, el exchange sin cuentas Flyp.me se ha centrado en la privacidad, la simplicidad y la velocidad, y ahora cuenta con un catálogo de más de 30 monedas y tokens. Flyp.me, […]

Post source: Flyp.me, el exchange de criptomonedas sin registro, lanza un nuevo diseño para intercambios instantáneos

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Vitecoin prepara su lanzamiento en Mauricio      Cache   Translate Page      

Vitecoin prepara el estreno tras una exitosa Beta privada en Mauricio Vitecoin (VT) prepara el estreno tras una exitosa Beta privada en Mauricio, con más de 1000 participantes. La exitosa cifra de mil personas formó parte de la prueba de fuego para Vite. Moverse de forma segura y asequible es una necesidad constante entre los […]

Post source: Vitecoin prepara su lanzamiento en Mauricio

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Gainers and Losers: BTT Falls From Daily Gainers, Grin Sits Among Weekly Losers      Cache   Translate Page      

The bullish surge across the cryptocurrency markets has ranked several high profile projects among the top gainers and losers – a distinction predominantly reserved for crypto assets with meager market caps. As of this writing, litecoin (LTC) is the 17th-top gaining cryptocurrency of the last 24 hours after gaining 26%, while the heavily hyped bittorrent […]

Post source: Gainers and Losers: BTT Falls From Daily Gainers, Grin Sits Among Weekly Losers

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          [Slowchat] Het grote cryptocurrency slowchat topic #7      Cache   Translate Page      
Replies: 3570 Last poster: Jaapio at 10-02-2019 00:37 Topic is Open twain4me schreef op zondag 10 februari 2019 @ 00:29: [...] Ik zie al waar het fout gaat. Ze zeggen dat elk miljoen met 1 euro start, dus voor 500 miljoen heb je 500 euro's nodig Bedankt voor dit inzicht, ik koop even bij.
          South Africa’s new cryptocurrency changes explained - BusinessTech      Cache   Translate Page      
South Africa’s new cryptocurrency changes explained  BusinessTech

At the beginning of January, the South African Reserve Bank (SARB) released a new consultation paper focusing on crypto assets in the country.


          Gemini – Buy & Sell Bitcoin Securely v1.0.11      Cache   Translate Page      
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          Comment on Cryptocurrency Firms Regularly Lose Codes and Money by flora      Cache   Translate Page      
Note: I do not reference 'colloquial English' because colloquialisms may differ in all the English speaking countries. e.g. England's colloquialisms may have no meaning in the US or Canada or Australia or India, and the reverse is also true.
          Comment on Cryptocurrency Firms Regularly Lose Codes and Money by flora      Cache   Translate Page      
Ah well,... the side reference to Gertrude Stein's comment "there is no there there" combined with the US current cultural commentary on Oakland is understandable to the US's colloquial speakers of a certain age. Failure of non-colloquial US speakers of a certain age to understand the comment is another example of A.I.'s potential failure points. heh. (Where A.I. is rule based, as is learning English as a second language.)
          Comment on Cryptocurrency Firms Regularly Lose Codes and Money by flora      Cache   Translate Page      
Yes. As Anatole France did not quite say: <i> “The law, in its majestic equality, forbids rich bitcoiners and poor bitcoiners alike to sleep under bridges, to beg in the streets, and to steal their bread.” </i>
          Comprehensive checklist for your bitcoin taxes      Cache   Translate Page      
https://www.cryptotrader.tax/blog/crypto-tax-checklist-properly-file-your-cryptocurrency-taxes via /
          Company donates $2M to KU for cryptocurrency technology      Cache   Translate Page      
LAWRENCE, Kan. (AP) — A Silicon Valley company has donated $2 million to the University of Kansas to support research related to cryptocurrency and digital payments, such as Bitcoin. The university says in a news release that the donation from Ripple will provide $400,000 each year for five years. It will go to the Information […]
          2/9/2019: FP SASKATOON: OSC PROBES DIGITAL PLATFORM      Cache   Translate Page      

The Ontario Securities Commission said on Friday that it was looking into Quadriga CX, the digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts. “Given the potential harm to Ontario...
          Company donates $2M to Kansas for cryptocurrency technology - Miami Herald      Cache   Translate Page      
Company donates $2M to Kansas for cryptocurrency technology  Miami Herald

A Silicon Valley company has donated $2 million to the University of Kansas to support research related to cryptocurrency and digital payments, such as Bitcoin.


          Banking whistleblower's next crusade: a clean cryptocurrency https://reut.rs/2SjzDcl pic.twitter.com/YphoIhnBML      Cache   Translate Page      
Banking whistleblower’s next crusade: a clean cryptocurrency https://reut.rs/2SjzDcl  pic
          Benefits Cryptocurrency Trading with Metatrader 4 Broker      Cache   Translate Page      

Metatrader 4 is one of the most popular trading platforms available in the current condition. MT4 forex broker has everything to enable you to successfully enter …

The post Benefits Cryptocurrency Trading with Metatrader 4 Broker appeared first on The Frisky.


          [Slowchat] Het grote cryptocurrency slowchat topic #7      Cache   Translate Page      
Replies: 3574 Last poster: A87 at 10-02-2019 01:51 Topic is Open Waar is de fomo? Need fomo
          Bitcoin and Various Altcoins Now Accepted by H&M Distributors      Cache   Translate Page      

In its slow-but-steady crawl towards mass adoption, Bitcoin (BTC) will now be accepted at American wholesaler H&M Distributors.  Not to be confused with the Swedish multinational clothing-retail company Hennes & Mauritz AB, H&M Distributors instead deals in cost-effective lighting — specifically, replacement ballasts, lamp holders, and accessories for lamp holders. Though this may not be […]

Post source: Bitcoin and Various Altcoins Now Accepted by H&M Distributors

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          2/10/2019: Thebackpage: CEO’s demise puts crypto in cryptocurrency      Cache   Translate Page      

● Wild price fluctuations, hackers, scams — add one more item to the list of risks for cryptocurrency investors: the possibility that a coin exchange executive unexpectedly dies, leaving the digital vault locked. A Canadian court appointed Ernst &...
          Korea Selatan Bergabung dalam Peraturan Crypto dengan Bitcoin Crackdowns      Cache   Translate Page      
Seoul – Kementerian Kehakiman Korea Selatan sedang memikirkan larangan habis-habisan untuk menukar bitcoin, cryptocurrency yang berbeda, dan token canggih untuk melindungi orang dari trik potensial. Langkah ini dilakukan karena berbagai [...]
          Eksekutif Bursa Komid Menghadapi Penjara karena Memalsukan Volume      Cache   Translate Page      
Seoul – Dua pemimpin dari pertukaran cryptocurrency Korea Komid dijatuhi hukuman penjara karena peran mereka dalam mengatur laporan volume perdagangan yang curang di platform mereka. Pasangan ini diduga menggunakan bot [...]
          This malicious Play Store app was designed to steal cryptocurrency deposits      Cache   Translate Page      
Online security firm ESET discovered an app in the Google Play Store that steals cryptocurrency being deposited into online wallets...
          TheRockTrading Websocket      Cache   Translate Page      
TheRockTrading Websocket public API uses WebSockets to access data that is available from TheRockTrading service. It is a WebSocket feed that provides real time market data, information about trades, order books and more. TheRockTrading is full featured digital institution incorporated in Europe that specializes in math currencies. They provide a Bitcoin exchange platform that allows you to trade different crypto currencies and tokens.
Date Updated: 2019-02-05
Tags: Financial, Bitcoin, , Cryptocurrency

          TheRockTrading Margin Trading      Cache   Translate Page      
TheRockTrading Margin Trading API allows you to you borrow money to buy or sell on trades for more money than you have. It is not recommended to use margin trading unless you are an experienced trader. Only partial funds and currency pairs are enabled for margin trading, with the possibility of each having different leverage levels. The Some features include; the ability open an order, list positions, check status, check a specifics, close at market, list main positions, transfer balance and more. TheRockTrading is full featured digital institution incorporated in Europe that specializes in math currencies. They provide a Bitcoin exchange platform that allows you to trade different crypto currencies and tokens.
Date Updated: 2019-02-05
Tags: Financial, Bitcoin, , Cryptocurrency, , Marketplace, , Platform-as-a-Service

          30hours - 30hours.club      Cache   Translate Page      
I'm not admin/owner!
Start: February,9 2019


30hours.club

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          ‘This is the Next Dotcom’ – 95% of Cryptocurrencies ‘Useless,’ Says Bitwise Market Analyst      Cache   Translate Page      
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          Crypto Market Wrap: $10 Billion Pumped Back in to Cryptocurrencies      Cache   Translate Page      
via NewsBTC at February 09, 2019 at 07:00AM Ready Full Article: https://www.newsbtc.com/2019/02/09/c
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          ₿itcoin NEWS Mimblewimble, Lightning wallet and a NEW Ledger      Cache   Translate Page      
₿itcoin NEWS Mimblewimble, Lightning wallet and a NEW Ledger Daily news on bitcoin and cryptocurrency with additional thoughts and commentary provided by Eugene and Samantha.. Some live Q&A from the chat Always.. Continued fundraising for #BitcoinAwareness trips.. Thank All Of You For Watching And Supporting ***** #BitcoinAwareness trip We Will Be Spreading the Word of…
          Litecoin Price Analysis: How High Will Halving Hype Push LTC?      Cache   Translate Page      

In approximately 179 days, Litecoin (LTC) will undergo a block-reward halving — cutting the coin reward for miners from 25 to 12.5 coins. With fundamental developments like confidential transactions reportedly in the works and the popular altcoin experiencing price-strength confirmation, how high will the impending halving hype push the price of the peer-to-peer cryptocurrency?  [Disclaimer: […]

Post source: Litecoin Price Analysis: How High Will Halving Hype Push LTC?

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Brazilian Crypto Exchange Wins Legal Battle Over Closed Bank Account      Cache   Translate Page      

A court in Rio de Janeiro has ruled in favor of Brazilian crypto exchange Mercado Bitcoin in a case over the closure of one of its checking accounts. The judicial instance turned down an appeal filed by Banco Sicoob against a decision by the district court in Barra da Tijuca which granted the exchange the […]

Post source: Brazilian Crypto Exchange Wins Legal Battle Over Closed Bank Account

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Free Talk Live 2019-02-09      Cache   Translate Page      
Live from Acapulco, Day Three :: Green New Deal :: Government Money System and Private Banks :: Paying Taxes in Bitcoin? :: Importance of Money :: Cryptocurrency :: Noahide Laws :: USA the Best? :: Israel and US Govt :: Dollar Value :: Military Love :: Patriotism :: Bad Cops Good Cops :: Checkpoints :: HOSTS - Ian, Mark
          3 Technical Proposals for Increasing Bitcoin’s Privacy      Cache   Translate Page      

Privacy is a constant battle between those who wish to increase it and those who would strip it away. Never is this war more apparent than in Bitcoin, where factions with opposing ideals find themselves at loggerheads. On the one side are the blockchain surveillance companies that work hand-in-glove with the three-letter agencies, regulators, and […]

Post source: 3 Technical Proposals for Increasing Bitcoin’s Privacy

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Canada’s Regulators Might Help Crypto Exchange QuadrigaCX’s Victims After All      Cache   Translate Page      

Canada’s Regulators Might Help Crypto Exchange QuadrigaCX’s Victims After AllProvincial securities regulators in British Columbia, Canada, won’t be investigating the QuadrigaCX scandal. However, new developments could see Canada’s largest securities body, the Ontario Securities Commission (OSC), begin an investigation. On Friday, according to Reuters, the OSC has confirmed in a statement it will be looking into cryptocurrency exchange QuadrigaCX, where currently $190 million in cryptocurrency has been lost. Though an OSC spokesperson did not confirm if the regulator will conduct a formal investigation, it said: Given the potential harm to Ontario investors, we are looking into this matter. The OSC’s role, as the Ontario provincial arm of the Canadian



          Bite2bit - Bite2bit.com      Cache   Translate Page      
I'm not admin/owner!
Start: February,7 2019


Bite2Bit

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          2/9/2019: FP VANCOUVER: OSC PROBES DIGITAL PLATFORM      Cache   Translate Page      

The Ontario Securities Commission said on Friday that it was looking into Quadriga CX, the digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts. “Given the potential harm to Ontario...
          2/9/2019: FP: OSC PROBES DIGITAL PLATFORM      Cache   Translate Page      

The Ontario Securities Commission said on Friday that it was looking into Quadriga CX, the digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts. “Given the potential harm to Ontario...
          Switcheo DEX Memperkenalkan Fitur-Fitur Pertukaran Terpusat kepada Pelanggan baru yang ada di atas      Cache   Translate Page      
Dalam dunia cryptocurrency, ada fokus yang berkembang pada pertukaran desentralisasi. Platform perdagangan baru ini tidak akan lagi bertindak sebagai penjaga atas dana pelanggan, yang merupakan perkembangan yang cukup besar dalam [...]
          Anarchism: A Look at the Different Schools of Anarchic Thought. #cryptocurrency #crypto #bitcoin #cryptocurrencies $BTC https://t.co/zrw79wsJOE      Cache   Translate Page      
Anarchism: A Look at the Different Schools of Anarchic Thought. #cryptocurrency #crypto #bitcoin #cr
          Need Articles on Block-chain and Cryptocurrency      Cache   Translate Page      
Need 2 Articles daily . 700 words each. Budget 20$ each. You must suggest 2 titles of for first 2 articles in the proposal . If it will be nice I will contact you. (Budget: $8 - $15 USD, Jobs: Article Rewriting, Article Writing, Content Writing, Copywriting, Ghostwriting)
          Programming Bitcoin      Cache   Translate Page      

Dive into Bitcoin technology with this hands-on guide from one of the leading teachers on Bitcoin and Bitcoin programming. Author Jimmy Song shows Python programmers and developers how to program a Bitcoin library from scratch. You’ll learn how to work with the basics, including the math, blocks, network, and transactions behind this popular cryptocurrency and its blockchain payment system. By the end of the book, you'll understand how this cryptocurrency works under the hood by coding all the components necessary for a Bitcoin library.


          Update: CTECH (Finance)      Cache   Translate Page      

CTECH 1.8


Device: iOS iPhone
Category: Finance
Price: Free, Version: 1.6 -> 1.8 (iTunes)

Description:

Get instant access to the latest updates from the Israeli technology scene, one of the world's densest and most vibrant tech hubs.

Whether you're an industry executive looking for opportunities or a technology enthusiast seeking exclusive in-depth stories, the C-Tech app has content tailored for you.

Dive into the hottest scoops on cybersecurity, autonomous driving, artificial intelligence, cryptocurrency, 3D-printing and homeland security.

Access our in-depth coverage of trends and companies hailing from this hotbed of innovation.

Review our quick-glance content to get introduced to the local players you need to know.

Combining the journalistic knowhow of a team of experienced international journalists with the on-ground access of Calcalist, Israel's leading financial newspaper and a part of Yedioth Ahronoth, Israel’s biggest media group, C-Tech delivers best-of-breed coverage of Israeli and global tech in a user-friendly app.

Discover the true global nature of the technology industry through our cross-border scoops.

Benefit from tips and thought-provoking commentary by the smartest Israeli entrepreneurs and investors.

Tap into our podcasts for on-the-go updates on all major developments in the Israeli tech scene.

Expand your horizons through our interviews with global industry leaders.

Get informed on the latest trends in Israeli entrepreneurship through our Startups channel.


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• Latest updates from the Israeli technology scene

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• Notifications on important breaking news and expert commentary

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Download now to access your free online gateway to Israeli tech.

What's New

Bug fixes

CTECH


          Comment on How Cryptocurrency Works by fuck google      Cache   Translate Page      
I appreciate you sharing this blog article. Much obliged.
          Anarchism: A Look at the Different Schools of Anarchic Thought      Cache   Translate Page      

In mainstream culture, anarchy is often a dirty word, deployed as a pejorative to describe failed states or an insult by conservative news anchors to describe what could happen if a semi-radical government took charge. The reality is very different. Anarchy runs much deeper and actually goes hand in hand with bitcoin and the quest for […]

Post source: Anarchism: A Look at the Different Schools of Anarchic Thought

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Kain_niaK en de output van zijn kop: Ik schrijf voor coinspice.io       Cache   Translate Page      
Ik werkte al een tijdje achter de schermen voor een nieuwswebsite die over alles wat met cryptocurrency te maken heeft. Maar vandaag is het officieel. Mijn eerste artikel is gepubliceerd. https://coinspice.io/news...8-incidents-in-12-months/ Ik ben nu een ex-shitposter. May the spice be with me! * Kain_niaK is trots.
          Bitcoin BT Ethereum ETH Cryptocurrency Blockchain Based Games Website Launched      Cache   Translate Page      
Apollo Club crypto games site released new blockchain based games for players who are interested in betting and earning awards in Bitcoin & Ethereum cryptocurrencies. Players can use Bitcoin, Ethereum and other cryptocurrencies.
          Has Bitcoin Bottomed? A Closer Look at the Bullish and Bearish Cases      Cache   Translate Page      

The bitcoin bulls were back in force on Friday, as markets finally broke out of a prolonged stalemate that had kept price action fairly subdued. The rally, which occurred suddenly, threatened the underlying assertion that bitcoin still has room to fall before reaching a definitive bottom. BTC/USD Price Update The cryptocurrency market rose to nearly […]

The post Has Bitcoin Bottomed? A Closer Look at the Bullish and Bearish Cases appeared first on Hacked: Hacking Finance.


          Why MMT (Ultimately) Doesn't Matter      Cache   Translate Page      

Authored by Peter Earle via The American Institute for Economic Research,

Last year, internet searches for Modern Monetary Theory (MMT) numbered approximately 100 per month; in the years and decades before that, the weekly total searches numbered mostly in single digits. Yet in the first few weeks of this year, searches have topped 100 per day and seem to be on an uptrend. People who’ve never heard the term “chartalism” are speaking — and acting — as if a new and groundbreaking discovery has been made; “a new kind of science” in the realm of economics, situated neatly upon the doorsill of a new decade. It’s perplexing to see a theory which holds that governments can’t really go broke because they can always create more currency capture imaginations, if still largely on the periphery of discourse.

For years, Austrian School perspectives have been taken to task for failing to “predict” (which, in fact, they have and continue to). Yet MMT not only doesn’t predict anything; it fails to explain the state of nature better than existing, prevailing models. Social science, like its physical counterpart, advances by virtue of two key determinants: phenomenological explanations which are demonstrably superior to existing ones, and funerals. Even neoclassical economists, regularly critical of Austrian, monetarist and other views, hold that — as has been demonstrated in every era, within every culture, and upon every continent — bad monetary and/or fiscal policies ultimately result in economic breakdown and destitution.

Whether the rapid decline and ultimate disappearance of the individual propensity to hold a fiat currency are purely monetary, entirely psychological, or a combination of the two, the circumstances leading to it reappears consistently throughout history. Every one of the scores of known cases of hyperinflation dating back over 700 years bears witness to a reckless, breakneck campaign of money creation preceding it.

Blaming psychology for hyperinflationary episodes also, and far more ominously, hints at the same conclusion which virtually all collectivist governments come to after their starry-eyed schemes initially fail: that human nature, not the hubris that attends attempts to overthrow the fundamentals of supply and demand, is at fault. And thus that human beings, and not policy, needforceful readjustment.

Holding that inflation — of either the ‘vanilla’ or hyper- varieties — is overwhelmingly the product of wars or exogenous events is also wholly misleading. It is always and only the political reaction to exogenous events which determines economic outcomes.

Such an approach also bypasses the issue of the garden variety of inflationary outbreak. To be sure, while it would surely not be as ruinous nor as fast-acting as classic hyperinflation, a rise in inflation to a “mere” 8%, 15%, or 20% per annum would have a sizably adverse impact upon individuals living on fixed incomes, financial markets, and general economic calculation: the functioning of firms, markets for goods and services, and the financial choices of families, communities, and organizations.

Furthermore, MMT is invariably (and almost exclusively) invoked proximate to incomprehensibly expensive government program proposals: a so-called Jobs Guarantee (estimated cost approaching, and likely exceeding, $1T per year), “Medicare for All” (estimated cost: $32T over ten years), and a “Green New Deal” (estimated costs ranging from $7T to $13T to $49T to implement).

(Also: considering that MMT contemplates a “closed loop” whereby money is created and later taxed away, it is likely that any practical implementation will necessarily subsume cashlesseconomy diktats.)

Add to all of this the bunker mentality of many MMT proponents, who frequently refuse to discuss the assumptions upon which MMT operates by dismissing those who question them as disingenuous – and there is more than enough reason to suspect that MMT is not new, far from scientific, and explains nothing. It is at best a scientistic vehicle that exists only to provide an academic imprimatur for unlimited government spending.

Yet I’m not worried about MMT.

Actually, I am - a little. History demonstrates that betting against the willingness of people - Americans, specifically, who have the greatest record of fawning over political and economic views which defenestrate the very basis of the prosperity which gives both the leisure time and technological reach to permit intellectual flights of fancy - to embrace that which flies in the face of demonstrable evidence, is a sucker's bet.

One of the major dangers of powerful states - indeed, states in general - is that with a single vote or the stroke of a pen a lot of damage can be done. But any pain will only be temporary.

It comes down to one word: Bitcoin. Actually, I should be more specific: crypto.

At this very moment, there are hundreds of independent teams of developers in dorm rooms, garages, basements, apartments, rented offices, and other such locations working on both subtle tweaks to existing cryptocurrency issues and wholly new coins and assets: thousands, maybe tens of thousands of individuals, all over the world, silently but inexorably expanding the bounds within which individuals can extricate and divorce their personal lives from the inimical policy implementations of expanding states.

At ten years old, the list of places where Bitcoin — and crypto more generally — has been the single bulwark between people and utter ruin grows annually. As long ago as 2013, Bitcoin (then less than $100) surged as individuals banked in Cyprus used it to escape the bank levy — a ploy in which politicians explicitly sought to seize private deposits in order to paper over their policy errors and banks’ losses owing to them.

All across Africa, South America, and Asia — and regardless of Bitcoin's exchange rate at the time — the unbanked have, owing to the ubiquity of mobile and cell phone ownership, been able to engage in saving, consuming, remittances and entrepreneurialism despite previously insurmountable sanctions, financial surveillance, and fees associated with transfers, banking, etc.

In ZimbabweVenezuelaTurkey, and anywhere else that economic hardships have surfaced — over time, or overnight — Bitcoin and crypto more generally have given individuals the opportunity to safeguard their economic liberty and in some cases their very lives. In places where economic life is viable but burdensome, cryptocurrency access provides an outlet.

Time may prove this incorrect, but at present MMT seems to be little more than a pernicious, academically-garbed attempt to overcome the unwelcome (and repeatedly evinced) fact that governments are as tied to economic limits as firms and individuals are. But a more fundamental truth precedes this: if implemented, and whether at that time Bitcoin, another crypto issue, or another, yet-undiscovered innovation has surfaced, liberty will always find a way to triumph — even when the utopian plans of authoritarian regimes are briefly in control.


          BOLTOIN Coin ICO Promises Reliable Profits Through Aggregated Mining      Cache   Translate Page      

The BOLTON Coin initial coin offering (ICO) is gearing up for its big launch on April 15. With private sales ending on February 28, the team behind BOLTON Coni (BFCL) are now in a race to explain the nuances of their platform. Put simply, the developers need to answer the question “what is the BOLTCOIN […]

Post source: BOLTOIN Coin ICO Promises Reliable Profits Through Aggregated Mining

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Explaining Multi-Cryptocurrency Payment Gateways      Cache   Translate Page      
A general misconception with digital currency, which also creates confusion amongst the population, is that cryptocurrencies transactions are not easy, and are usually difficult to process and much more difficult to understand. The misunderstanding of such notions can be cleared by the awareness of Cryptocurrency exchanges, Cryptocurrency Wallets, and Multi-Cryptocurrency Payment Gateways. Payment Gateways- Business Model Before you get into the mode of understanding- multi-Cryptocurrency payment gateways you should be aware of what are Payment Gateways? They are on-line pages which capture the data of payment instrument between a merchant and consumer. They are usually the checkout pages, for such transactions, and capture the data in encrypted form and pass it to the payment processor. The processor, in turn, verifies or authenticates it and does the settlement of funds. You may come across various Payment Gateways like- APIs Like- Coinbase, which can be embedded in the client s website.
          Bitcoin / cryptocurrency content writer      Cache   Translate Page      
We are looking for a writer to write 3 (news) articles per week for a dutch cryptocurrency website. Articles have to be written in dutch language and preferrably about cryptocurrency subjects that are... (Budget: min €36 EUR, Jobs: Article Writing, Bitcoin, Content Writing, Copywriting, Ghostwriting)
          Explaining Multi-Cryptocurrency Payment Gateways      Cache   Translate Page      
A general misconception with digital currency, which also creates confusion amongst the population, is that cryptocurrencies transactions are not easy, and are usually difficult to process and much more difficult to understand. The misunderstanding of such notions can be cleared by the awareness of Cryptocurrency exchanges, Cryptocurrency Wallets, and Multi-Cryptocurrency Payment Gateways. Payment Gateways- Business Model Before you get into the mode of understanding- multi-Cryptocurrency payment gateways you should be aware of what are Payment Gateways? They are on-line pages which capture the data of payment instrument between a merchant and consumer. They are usually the checkout pages, for such transactions, and capture the data in encrypted form and pass it to the payment processor. The processor, in turn, verifies or authenticates it and does the settlement of funds. You may come across various Payment Gateways like- APIs Like- Coinbase, which can be embedded in the client s website.
          Comment on Cryptocurrency Firms Regularly Lose Codes and Money by skippy      Cache   Translate Page      
Second on the lordie ... How can something be an asset that has no intrinsic quality or income.
          [Slowchat] Het grote cryptocurrency slowchat topic #7      Cache   Translate Page      
Replies: 3587 Last poster: Taro at 10-02-2019 12:58 Topic is Open BNB gaat er weer voor vandaag
          MyToken Hits Market Cap of $0.00 (MT)      Cache   Translate Page      
MyToken (CURRENCY:MT) traded up 35.4% against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on February 10th. One MyToken token can now be purchased for $0.0017 or 0.00000046 BTC on popular cryptocurrency exchanges including BitMart, Neraex, BitForex and Bibox. MyToken has a total market capitalization of $0.00 and approximately $213,785.00 worth […]
          OSS Leftovers      Cache   Translate Page      
  • Abe Chen, Byton VP Of Security, On The Importance Of Security In Early Design Stages — #CleanTechnica Interview

    I asked why not more automotive companies embrace open source. Abe feels the biggest problem is their lack of understanding of the licensing process. Open source is about taking and giving back. That can be daunting for many focused on bottom line return on investment (ROI). Mostly, certain carmakers feel more comfortable with an off-the-shelf product with a straightforward support system. Unfortunately, that is an expensive solution for the consumer. To do a good job, a mobility company needs to dedicate an entire team to open source.

    How Open Source Can Make Mobility More Efficient & Lower Costs

    Asked about Byton’s security philosophy, Abe feels most in the automotive industry rely on IT scripting and applies it to the auto industry. From his personal experience, it can’t always work well. It has to be part of a core, in-house automotive security foundation that is developed from a mobility standpoint. He used the analogy of how it’s one thing to hack into a phone or computer and lose data. It’s another thing when it comes to a car and human lives are at stake. Automotive security has to be part of the original design and not an afterthought. There is no such thing as 100% security, but you can put into place compensating technologies as well as redundant systems to come as close as possible to that.

  • Yosemite X announces first open-source public blockchain without native cryptocurrency

    Businesses can reap the benefits of blockchain, without the risks commonly associated with cryptocurrencies

    Yosemite X, a blockchain technology company, today announced the release of its open-source public blockchain that operates without a native cryptocurrency, giving developers and businesses the ability to build solutions and reduce costs, without the price volatility of crypto.

    This approach enables companies to reap the benefits of blockchain – greater transparency, enhanced security, increased efficiency, speed of transactions at scale – and pay for their network usage with more stable fiat currencies.

    While the idea of using the blockchain technology to cut down the cost of operation has intrigued many businesses, few have proved to be practical due to the technology’s reliance on volatile native cryptocurrency. Even those that have been implemented in enterprises are often based on permissioned blockchains, which are really a glorified centralized server system with shared access to the control room amongst agreed/pre-determined partners. With Yosemite Public Blockchain, which is designed to operate and transact with fiat-backed stablecoin, businesses can – for the first time on a public blockchain – accurately project their operating costs, which are expected to be significantly lower than other financial transaction systems.

  • Engineer Spotlight: Open Source Signal Integrity Engineering with Davi Correia and David Banas

    Signal Integrity Engineers David Banas and Davi Correia share their thoughts on the future of electrical engineering, the freedom of giving code away for free, and the importance of professional curiosity.

    The electrical engineering community is a tightknit group full of cooperation and support, and two great examples of that are David Banas and Davi Corriea. They've achieved a high level of success in their careers, but they also give back to their fellow engineers. Banas, of Haskware and eASIC, is the developer of PyBERT, an open-source serial communication link bit error rate tester, and Correia, of Carlisle Interconnect Technologies, developed many tools to automate parts of the product design process, increasing efficiency for his company and the EE community at large.

  • Should your company be open to open sourcing its software?

    Developing software can be a long, expensive process for a company, yet there are many advantages to open sourcing, which may seem counterintuitive at first.

    For Salesforce, sharing means a lot more than caring. In fact, last year, Salesforce announced that it was open sourcing the machine learning technology behind its Einstein AI platform.

    “Three years ago when we set out to build machine learning capabilities into the Salesforce platform, we learned that building enterprise-scale machine learning systems is even harder,” stated Shubha Nabar, senior director of data science on the Salesforce Einstein team, in a detailed Medium post.

    Nabar went on to explain why Salesforce decided to bring this project to the open source (OS) community stating, “Machine learning has the potential to transform how businesses operate, and we believe that barriers to adoption can only be lowered through an open exchange of ideas and code. By working in the open we can bring together diverse perspectives to continue to push the technology forward and make it accessible to everyone.”

  • The ‘Big Bang’ of Data Science and ML Tools

    The tools used for data science are rapidly changing at the moment, according to Gartner, which said we’re in the midst of a “big bang” in its latest report on data science and machine learning platforms.

  • ICTFax Version 4.0 Released, Open Source Fax Over IP server software
  • HashiCorp attracts huge venture capital investment by helping companies link different cloud technologies [Ed: HashiCorp is somewhat of a Microsoft proxy]
  • Databricks’ Recent $250 Mn Funding Shows How The Spark Creators Are Ahead In The AI Game

    If there is one key takeaway from Databricks’ recent and much talked about $250 million funding — that there is a dramatic increase in venture financing of big data, cloud and AI technologies. In fact, analysts have pointed out that these three sectors — artificial intelligence, big data and cloud — have significantly exceeded valuation since the technology holds tremendous potential to transform a wide range of industries.

    Ali Ghodsi and Matei Zaharia, inventors of Spark and the founders of Databricks, capitalised on the shifting nature of big data by providing a unified analytics platform. In fact, last week the San Francisco-based company saw another blockbuster funding round of  $250 million, which put Databricks’ valuation at $2.75 billion. Interestingly, the company that has been dubbed more “evolutionary rather than revolutionary” in terms of putting Spark in the cloud and also providing tools tailored for AI pipelines and multi-cloud environments has managed to stay current by keeping a pulse on where the market is heading and what customers required.

read more


          Goldman expects another calm and rising market next year and has a strategy to capitalize on it      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          Exclusive: Bank of America Merrill Lynch to pay $26 million for allegedly failing to report suspicious transactions      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          When $8 billion is yours to lose: How Uber’s top investor suffered through the wildest tech drama of the year      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          Gallery:Bitcoin is the most crowded investment in the world according to widely followed investor survey      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          GM to shut one South Korea plant, decide on fate of others within weeks      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          Gallery:Meet the home design company that gives full service interior design for as little as $79      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          US foreign policy prompted Russia to become ‘masters’ of cyberwarfare, Blackstone’s Studzinski says      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          Top VC deals this week: Amazon buys Blink, Daimler backs an Uber competitor, Didi raises billions      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          What Amazon’s HQ2 means for homeowners, home buyers and renters in the chosen city      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          Federal Reserve set to hike rates to 1.5pc but weak inflation knocks hopes of quickenin      Cache   Translate Page      
Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
          Cryptocurrency launched in Dubai is pioneer in Rio carnaval      Cache   Translate Page      
(MENAFN - Brazil-Arab News Agency (ANBA)) São Paulo â€' Three years and a half ago, two Portuguese started developing the project of a new cryptocurrency. The initiative resulted ...
          This malicious Play Store app was designed to steal cryptocurrency deposits - Phone Arena      Cache   Translate Page      
  1. This malicious Play Store app was designed to steal cryptocurrency deposits  Phone Arena
  2. 5 cool new apps you should download this week  AndroidPIT
  3. Android WARNING: Fake version of popular app STEALS sensitive data from your Google phone  Express
  4. Google Play caught hosting an app that steals users’ cryptocurrency  Ars Technica
  5. View full coverage on Google News

          In the Daily: Regulatory Developments in Italy, Mauritius, Malta      Cache   Translate Page      

In this edition of The Daily we cover recent regulatory developments regarding the use of cryptocurrencies and their associated industries from all over the world. Lawmakers in Italy have approved a definitions mandate, Mauritius has created a crypto custody license, and Malta is set to provide cybersecurity guidance to crypto funds, exchanges and ICOs registered […]

Post source: In the Daily: Regulatory Developments in Italy, Mauritius, Malta

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Mt. Gox Creditors Neither Need nor Deserve This Kind of ‘Hero’      Cache   Translate Page      

Brock Pierce has launched his own bid for the civil rehabilitation of Mt. Gox, promising to pay out all current funds to creditors while also talking about issuing debt tokens or giving away equity in a resurrected Mt. Gox exchange. As noble as this may sound on the surface, there are strong reasons to question […]

Post source: Mt. Gox Creditors Neither Need nor Deserve This Kind of ‘Hero’

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Ethereum Price: Consolidating For The Next Leg Up?      Cache   Translate Page      

On Friday Litecoin kickstarted a phenomenal rally which led the entire market higher. Can Ethereum continue to gain on its own or will Bitcoin and Litecoin price action mirror Ethereum’s future course? Ethereum Price: Market Overview Ethereum 00 and Litecoin both staged amazing rallies over the past few days. Bitcoin’s strong upside move shifted it […]

Post source: Ethereum Price: Consolidating For The Next Leg Up?

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Cryptocurrency launched in Dubai is pioneer in Rio carnaval      Cache   Translate Page      
Cryptocurrency launched in Dubai is pioneer in Rio carnaval...
          CoinTracking v2.0.2      Cache   Translate Page      
Cryptocurrency PortfolioThe official CoinTracking app. Simply the best way to keep accurate track of your cryptocurrency portfolio. CoinTracking analyzes all your trades and generates useful information in real time, such as the profit / loss of your trades, the value of your coins, balances, realized and unrealized gains, and much more.

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- Portfolio tracker supporting more than 4000 digital currencies and tokens, including Bitcoin, Ethereum, Litecoin, Dash, Ripple, Bitshares, Golem, Dogecoin, Augur, IOTA, Monero, Cardano, and many more.

- Select any fiat currency as your base currency, including USD, EUR, CAD, AUD, GBP, CNY, JPY, etc.

- Summary View with values in your preferred base fiat currency or Bitcoin: BTC price, Total value of all coins, Total account value, Amount of each coin, Value of each coin.

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          学校の授業時間再編を巡る騒動から得た、人工知能にまつわる重要な視点:伊藤穰一      Cache   Translate Page      

Bus

「学校の授業時間再編を巡る騒動から得た、人工知能にまつわる重要な視点:伊藤穰一」の写真・リンク付きの記事はこちら

PHOTO: EDUCATION IMAGES/UIG/GETTY IMAGES

[編註:記事は英語による『WIRED』US版への寄稿の日本語訳]

1年以上前の話になるが、2017年12月にボストン公立学校(BPS)の各学校の授業時間が変更され、保護者が強く反発する出来事があった。始業時刻や終業時刻が変わったことでスクールバスの運行スケジュールも改定されており、新しいスケジュールがあまりに非合理的だというので不満が噴出したのだ。新しい授業時間はコンピュータープログラムを使って作成されており、そのアルゴリズムを開発したのはマサチューセッツ工科大学(MIT)の研究チームだった。

しばらくしてから、アメリカ自由人権協会(ACLU)のマサチューセッツ支部で「Technology for Liberty Program」の責任者を務めるケイド・クロックフォードからメールが届いた。政治家たちに対し、市民生活に影響を与えるような政策の決定にアルゴリズムを使うことには慎重になるよう呼びかける論説に、共同で署名を入れてほしいというのだ。

ケイドはMITメディアラボのフェローで、わたしの同僚でもある。彼女はデジタル世界における自由について考えるうえで重要なトピックを追いかけており、注目すべき話題があれば知らせてくれるのだ。なお、当時は問題のアルゴリズムを設計したMITの研究者たちのことは、個人的には何も知らなかった。

「行政プロセスに欠陥」と指摘したが…

ケイドが書いた論説の下書きにわたしが何点か修正を入れたあと、この論説は『ボストン・グローブ』紙に送られた。この論説は2017年12月22日付の紙面に掲載されている。タイトルは「学校の要求に従ったからといって、アルゴリズムを非難することはできない」だ。

わたしたちはここで学校の新しいスケジュールを検証した上で、問題はアルゴリズムそのものではなく、さまざまな意見を組み上げてシステム変更の影響を判断するという行政プロセスに欠陥があったのではないかと指摘した。この論説が掲載されたちょうどその日、BPSは新しいスケジュールの導入を見合わせる方針を明らかにし、ケイドとわたしはハイタッチで喜びを分かち合った。

この時点では、反対運動を起こした保護者もわたしたちも、そのとき手に入る情報に基づいて正しいと思ったことを実行に移したに過ぎない。しかし、それからしばらくして、この問題を別の角度から考えさせられる出来事があった。

これから書くことは、公共のルールづくりにおいてテクノロジーをどのように利用すべきか、またこうしたルールの影響を受ける人々からのインプットを政策づくりにどのように反映していくべきかについて、重要な視点を与えてくれると思う。

現在は民主主義にとって暗澹たる時代であると同時に、人間がテクノロジーを制御しきれなくなるのではないかという不安が増している。こうした状況にあって、わたしの体験した一連の出来事から、どうすればアルゴリズムを適切に活用できるのかという問題について、より深い理解を得られるはずだ。また、「デモクラシー2.0」というものを考える上でも役に立つかもしれない。

「明らかに何かがおかしい」状況

冒頭の事件から数カ月後、今度はMITのオペレーションズ・リサーチ・センターで博士課程に在籍するアーサー・デラルーとセバスティアン・マーティンから連絡をもらった。彼らは新しい授業時間を組み上げたアルゴリズムを開発したチームの一員で、ボストン・グローブの論説を読んだという。電子メールには丁寧な口調で、わたしが「事態の全容をつかめていないのではないか」と書かれていた。

ケイドとわたしは、アーサーとセバスティアンに会うことにした。この面会には、彼らのアドヴァイザーでMIT教授のディミトリス・ベルツィマスも参加してくれた。彼らはまず、わたしたちに変更に反対する保護者による抗議運動の写真を見せた。そこに写っていたのはほぼすべてが白人だったが、学区内の子どもたちの多くは非白人で、白人家庭は全体の15パーセントにすぎない。明らかに何かがおかしかった。

アーサーとセバスティアンの研究チームは、時間割を変更した場合の影響を割り出して評価するアルゴリズムも開発した。なかでも重要だったのが、登下校に使われるスクールバスに関するアセスメントで、BPSは運行スケジュールの最適化だけでなく、コストの削減も求めていた。

実はスケジュールの改定に先駆けて「Transportation Challenge」と題したコンペティションが行われ、MITのチームがつくり出したアルゴリズムが選ばれたという経緯がある。BPSはかなり前から授業時間の調整に取り組んでいたが、コストを抑えたままでバスのスケジュールを最適化するのは至難の業で、最終的には外部の力を借りることにしたのだ。

すべての問題を解決し、コストを上げないという難題

MITのチームのアルゴリズムは、必要な要素をすべて盛り込んだ上で、バランスを保った解決策を見つけ出すことに成功した。これまでは複雑なバスシステムの運用コストを算出するのはほぼ不可能で、それが授業時間の変更を検討する際の障害になっていたという。

チームはコンペの終了後、BPSと共同でアルゴリズムの改良に取り組んだ。行政が主催した住民参画のための説明会などにも加わって保護者らの要望を聞き、さらなる最適化を進めていった。

チームはこの過程で、アルゴリズムに各家庭の資産状況という要素を付け加えることにした。既存の授業時間体系は、主に低所得世帯に対して著しく不公平だということが明らかになったためだった。

また、高校生は始業時間が早すぎると睡眠にマイナスの影響が出るという調査結果があったので、この点も考慮した。さらに、発達障害などを対象とした特別支援プログラムも最適化の優先事項に加えたほか、低学年の児童たちの下校時刻が遅くなりすぎないように注意が払われた。

アルゴリズムは、これらすべての問題をコストを上げないようにしながら解決するよう命じられた。それどころか、できれば予算を削減したいという期待までかけられたのだ。

裕福な世帯に対する「バイアス」

事前調査からは、学区内のどの学校でも変更そのものに反対している層が一定数いることがわかっていた。また、一部の学校では多数派の声をくんで、終業時刻を午後1時半に設定するといった特殊な条件を設定することも可能だったが、そんなことをすれば少数ではあっても強い反発が出ることは必至だった。

アルゴリズムが導き出した解決策には、始業時刻が朝8時より遅い高校の数を大幅に増やす、終業時刻が午後4時以降になる小学校の数を減らすといった変更が含まれていた。最終的に出来上がった案は、大多数の人にとって既存のシステムよりかなり優れたものになっていた。

もちろん不満を表明する保護者がいることは予想された。しかしアーサーもセバスティアンも、あれほどまでに激しい抗議運動が起こるとは考えていなかったという。

大きな論点のひとつが、最適化の条件に各家庭の「資産」を組み込んだ結果として、アルゴリズムの出した答えには裕福な世帯に対する「バイアス」がかかっていたという点だ。また、コンピューターが決定を下したという事実も人々を動揺させたのではないかと、わたしは思っている。

新しい授業時間を受け入れた保護者は、その決定プロセスにまで注意を払うことはなかったが、不満を抱いた人々は変更中止を求めて市庁舎に押し寄せた。そのニュースを知ったケイドとわたしは、当時は反対派への支持を表明して、アルゴリズムの提案の「問題点」を訴えたのだ。

そして行政側は反対運動に押され、変更を断念すると決めた。ボストンのスクールバス改革は頓挫し、BPSとMITのチームの努力も水泡に帰したわけだ。

個人という立ち位置からの見解

白人を中心とした裕福な世帯で構成される反対派の保護者たちが、低所得層の家庭を助けるために自分たちにとって有利な既存の時間割の廃止に賛成するかどうかはわからない。ただ、高校生の睡眠、低学年の児童たちの下校時刻、特別なケアが必要な子どもたちを優先する、運用コストの削減、所得による不公平が生じないようにするといったアルゴリズムに組み込まれた諸条件は、どれもごく普通に納得できるものだ。最適化はこうした条件に基づいて行なわれたということを理解すれば、たいていの人は新しいシステムが現行のものより優れているという意見に賛成するのではないかだろうか。

問題は、大局的な視点から個人という立ち位置に移ると、人々は急に身構えて文句を言い始めるという点だ。一連の騒動について考えていたとき、わたしはハーヴァード大学の心理学教授ジョシュア・グリーンが提示した問題に触発されて、メディアラボのScalable Cooperation Groupが実施したある研究を思い出した。

グリーンは自動運転システムについて、社会の大半が事故の際に多数の歩行者を救うにはクルマの搭乗者を犠牲にするといった人工知能(AI)の合理的な判断を支持する一方で、自分はそんなクルマは買わないと考えているという矛盾を指摘したのだ。

テクノロジーはどんどん複雑になっているが、そのおかげで、わたしたちが社会をつくり変えていく能力も強化されつつある。同時に、合意形成やガヴァナンスといったものの力学が変化していることも確かだろう。

ただ、社会の均衡を保つためには妥協も必要だという考え方は、なにも目新しいものではない。民主主義を機能させていく上で基礎となる理念だ。

決定過程のブラックボックス化という問題

MITの研究者たちは、アルゴリズムの開発過程で保護者らと話し合う機会があったが、保護者たちは授業時間の最適化において考慮された要素をすべて理解しているわけではなかったという。時間割を改良するために必要となるトレードオフは明確には示されておらず、また変更の結果としてもたらされる利点も、それぞれの家庭が受ける影響と比べれば曖昧なものに見えた。

そして、保護者たちの抗議運動がニュースで報じられたときには、個々の変更がなされた理由や、そもそもなぜ時間割を刷新するのかという俯瞰的な視点は失われてしまっていたのだ。

一方で、今回の事例で難しかったのは、アルゴリズムの決定過程のブラックボックス化という問題だ。これに関しては、スタンフォード大学の熟議民主主義センターが討論型世論調査(DP)という手法を紹介している。これは民主主義を採用したガヴァナンスにおける意思決定の方法のひとつだ。

具体的には、政策立案の過程で影響を受けるグループの代表者に集まってもらい、数日間にわたって討議を行う。その政策の目的を評価し、必要な情報を全員で検討することで、利害対立のある人々の間で合意形成を目指すのだ。

BPSの場合、保護者たちがアルゴリズムによる最適化における優先事項を十分に検討し把握していたなら、自分たちの要望がどのように反映されたかをより簡単に理解することができただろう。

人間の協力の重要性

アルゴリズムを開発した研究者たちとのミーティングのあと、ケイドがデヴィッド・シャーフェンバーグというジャーナリストを紹介してくれた。シャーフェンバーグはボストン・グローブの記者で、BPSの授業時間変更についての調査記事を書いたという。

この記事には、読者がMITのチームのアルゴリズムを理解できるようにシミュレーターが組み込まれており、コストや保護者の要望、子どもたちの健康といった要素があるなかで、どれかを重視すればほかのものは犠牲にせざるを得ないという難しい状況がよくわかるようになっている。

テクノロジーを利用して学校運営の改革を実施しようとしたBPSの試みは、こうしたツールによってバイアスや不公平を増幅させないためにはどうすべきかを理解する上で、貴重な授業となった。アルゴリズムを使えば、システムを公平かつ合理的なものに改良することができる。ただ、それには人間の側の協力も必要なのだ。

伊藤穰一|JOI ITO
1966年生まれ。起業家、ヴェンチャーキャピタリスト。『WIRED』US版アイデアズ・コントリビューターも務める。2011年よりマサチューセッツ工科大学(MIT)メディアラボ所長。著書にジェフ・ハフとの共著『9プリンシプルズ』〈早川書房〉、『教養としてのテクノロジー』〈NHK出版〉など。

伊藤穰一によるコラムのバックナンバー

仮想通貨とブロックチェーン、そしてICOの狂乱に思うこと 「説明できること」の先にある科学の未来 「ユニヴァーサル・ベーシックインカム」のパラドックス AIは未来を予測しない。いまを映す「鏡」である 代用肉の進化と、「細胞農業」がもたらす食の未来 「ニューロダイヴァーシティ」を受け入れるために、あるべき教育の姿を考える


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Security experts from Trend Micro have discovered a new strain of coin miner that targets the Linux platform and installs the XMR-Stak Cryptonight cryptocurrency miner. Security experts from Trend Micro have discovered a new strain of coin miner that targets the Linux platform and installs the XMR-Stak Cryptonight cryptocurrency miner, researchers observed it killing other Linux malware […]

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Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently revealed it’s cooperating with regulatory agencies in Finland on the implementation of the latest EU anti-money laundering rules. Also read: 3 Technical Proposals for Increasing Bitcoin’s Privacy P2P Exchange Localbitcoins Advising Finnish Regulators In a […]

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          Localbitcoins to Introduce New User Verification Rules      Cache   Translate Page      

Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently revealed it’s cooperating with regulatory agencies in Finland on the implementation of the latest EU anti-money laundering rules. Also read: 3 Technical Proposals for Increasing Bitcoin’s Privacy P2P Exchange Localbitcoins Advising Finnish Regulators In a […]

Post source: Localbitcoins to Introduce New User Verification Rules

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Bitcoin Pioneer: Next BTC Price ‘Act’ Will See $250K      Cache   Translate Page      

Mark Jeffrey, author of 2013 book, ‘Bitcoin Explained Simply’, remains bullish on the future of bitcoin, despite the current climate. Drawing analogies to a supercharged dot-com boom-and-bust cycle, he predicted future growth to a price of $250,000. Coin Wars We may be currently experiencing crypto-winter, hodling together for warmth, but Mark Jeffery thinks this should […]

Post source: Bitcoin Pioneer: Next BTC Price ‘Act’ Will See $250K

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          These Video Sharing Sites Pay Content Creators in Bitcoin Cash      Cache   Translate Page      

On Feb. 4, Bitcoin Cash (BCH) supporters caught a sneak peek at two new video platforms dedicated to the BCH ecosystem. Porn.cash and Cinema.cash give content creators the ability to publish videos and get paid in cryptocurrency. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Video Publishers and Content Creators Get […]

Post source: These Video Sharing Sites Pay Content Creators in Bitcoin Cash

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          IOTA Meets Couchbase      Cache   Translate Page      

A step closer to a (semi) permanode. The discussion of permanodes is one with a long history and is one that always seems to come back. With the release of local snapshots it becomes more and more uncertain if your data will stay alive for longer then 30 days in the tangle. However with local […]

Post source: IOTA Meets Couchbase

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Heavy Borrowers and Near-Failed States Likely to Drive Hyperbitcoinization      Cache   Translate Page      

A CIA World Factbook entry listing nations’ current account balances shows that big economies and near-failed states share something in common – massive debt. This liability making them strong cases for hyperbitcoinization, which could be exacerbated by an anticipated global economic slowdown. Also read: Governmental Overreach in Developing Nations Will Hasten Hyperbitcoinization  Debt-Ridden Economies Prime Cases […]

Post source: Heavy Borrowers and Near-Failed States Likely to Drive Hyperbitcoinization

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          ICO Raised With ‘No Strings Attached’ Led to Massive Abuse – iAngels Exec [Interview]      Cache   Translate Page      

Bitcoinist spoke with Shelly Hod Moyal, Founding Partner and Co-CEO of iAngels, on why the ICO market popped and where the cryptocurrency industry is headed next.  A Hunter College and Kellogg MBA graduate, Shelly is a recognized expert in the areas of Fintech and Blockchain, and is a sought-after expert at international conferences about Israeli tech […]

Post source: ICO Raised With ‘No Strings Attached’ Led to Massive Abuse – iAngels Exec [Interview]

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com


          Zealots and Villains: Clothing for the Crypto Revolution      Cache   Translate Page      

Some of us that are really dedicated to cryptocurrencies are willing to wear that on our sleeves. If you ever wanted to do that literally, you should know about a fairly unique company that sells clothes inspired by crypto. What is Zealots and Villains? Zealots and Villains is a clothing company that carries lines of […]

The post Zealots and Villains: Clothing for the Crypto Revolution appeared first on Bitcoin Australia.


          Rock Chalk Techies Earn Crypto Big Bucks      Cache   Translate Page      
After last year's Bitcoin crash, fans of this tech currency are eager to build up their credibility once more and now look to the NEXTGEN as their best potential customers.

Read more:

Company donates $2M to KU for cryptocurrency technology

LAWRENCE, Kan. (AP) - A Silicon Valley company has donated $2 million to the University of Kansas to support research related to cryptocurrency and digital payments, such as Bitcoin. The university says in a news release that the donation from Ripple will provide $400,000 each year for five years.


          Cryptocurrency Was Their Way Out of South Korea’s Lowest Rungs. They’re Still Trying.      Cache   Translate Page      
A generation of the young with dead-end social and economic prospects, calling themselves ‘dirt spoons,’ aimed to strike it rich. They’ve ended up with big losses.
          How Cryptocurrency Can be Used in Real Life      Cache   Translate Page      

Cryptocurrency is taking over almost every industry whether we realize that or not. Its exponential growth over the years has more and more people opt for crypto as an alternative currency.


          University of Kansas receives $2 million donation to support cryptocurrency research. Update: $2.5 million. Correction, $1.5 million. Oh hell, it's tree fiddy, we'll run with that [Spiffy]      Cache   Translate Page      
Spiffy [link] [1 comments]

          Explaining Multi-Cryptocurrency Payment Gateways      Cache   Translate Page      
A general misconception with digital currency, which also creates confusion amongst the population, is that cryptocurrencies transactions are not easy, and are usually difficult to process and much more difficult to understand. The misunderstanding of such notions can be cleared by the awareness of Cryptocurrency exchanges, Cryptocurrency Wallets, and Multi-Cryptocurrency Payment Gateways. Payment Gateways- Business Model Before you get into the mode of understanding- multi-Cryptocurrency payment gateways you should be aware of what are Payment Gateways? They are on-line pages which capture the data of payment instrument between a merchant and consumer. They are usually the checkout pages, for such transactions, and capture the data in encrypted form and pass it to the payment processor. The processor, in turn, verifies or authenticates it and does the settlement of funds. You may come across various Payment Gateways like- APIs Like- Coinbase, which can be embedded in the client s website.
          おまとめねっと より 仮想通貨全体が高騰してる今、今がチャンスです!!!!!!!!!! ボクの予想ではRELCOINは一気に上がると思います!!!!! 今が買いのチャンスですよ($^^)/~~~ https://wallet.latoken.com/exchange/ETH-REL この情報は絶対にお見逃しなく!!!!!!!!!! #仮想通貨 #暗号通貨 #ICO #投資 #投機 #小遣い #副収入 #REL #CryptoCurrency #investment ↓ 前回のボクの投稿です ↓  https://release.co.jp/r/      Cache   Translate Page      
追加投稿です 皆さん売り急ぎでしょー しかーし、買い増しチャンス!!!!!!!!!!($^^)/~~~ https://wallet.latoken.com/exchange/ETH-REL
          Dead men tell no tales      Cache   Translate Page      

Recently Gerry Cotten died, a sad event like all of the deaths that have occurred. The thing that makes this a major media event is that he operated Quadriga, a Canadian cryptocurrency exchange, a real storage for imaginary money. It was secure, as only he had the password. The $250 million stored there is still […]

The post Dead men tell no tales appeared first on WND.




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