I wonder how the economic setup of the news media industry drives the tone of the coverage.
Long
I’ve been reading about long covid but deep down I also wonder the impacts of long Brexit.
The Difference Between Containers & Tupperware
One consists of an entire runtime environment: an application, plus all its dependencies, libraries and other binaries, and configuration files needed to run it, bundled into one package. By containerising the application platform and its dependencies, differences in OS distributions and underlying infrastructure are abstracted away.
…The other keeps my lunch fresh.
If I was the leader of a sovereign state hearing about China banning BTC mining and only considered the economic incentives – I would entice the 360k TH/s Dalian hydro-powered operation to set up shop on my turf. That’s 750 BTC ($40m) a month added to GDP.
We’d take it from there:
– strategic placement of operations to warm buildings with output heat
– non-zero sum flowing into the community via payroll and expanding the tech-focused labour pool
– partner with miners to invest in the energy infrastructure, nudged towards sustainable options
Note that this is possible from indirect miner involvement, imagine what happens when actively partaking in the Web3 movement to build decentralised, democratised, and far more resilient and inclusive platforms. Now consider, 750 BTC is only 3% of block subsidies per month (in this halving interval). The game-theoretical properties of the protocol makes it difficult to ignore.
DAOs Can Govern Other DAOs
That’s it. That’s the post. It’s already a lot. Tech is blindingly fast and branches out like a merkle tree. I’m trying to keep up.
Mellow
Mono No Aware
It’s a Japanese term. It defines the sad beauty of seeing time pass – the aching awareness of impermanence. The fact that we’ll return to some of these moments, but only through our memories.
Amoral or immoral?
I’ve been thinking about Facebook. Has it had a net positive effect on society? Have the negative aspects been disproportionately amplified, compared to how they helped connect the world?
Perhaps it’s yes to both, but there’s no denying that its business systems are built to get maximum engagement from users. Nudging folk into echo chambers was always bound to have some catastrophic implications.
Will Team Zuckerberg find a conscience? Or will regulators install one instead?
Web 3
If we assume that WWW has revolutionised information and Web2 revolutionises interactions, Web3 has the potential to revolutionise agreements and value exchange.
However, nothing will change on the surface of the Internet for the average user, while Web2 is a frontend revolution, the Web3 is a backend revolution.
It’s a leap forward to open, trustless and permissionless networks.
• ‘Open’ in that they are built from open source software, built by an open and accessible community of developers, and executed in full view of the world.
• ‘Trustless’ in that the network itself allows participants to interact publicly or privately without a trusted third party.
• ‘Permissionless’ in that anyone can participate without authorisation from a governing body.
The ultimate outcome of these new open, trustless and permissionless networks is the possibility to coordinate & incentivise the long tail of work, service, data and content providers, to the worlds disenfranchised backdrop facing acute challenges such as health, food, finance and sustainability.
IRS Income Tax Guidance Extract
If you steal property, you must report its fair market value in your income in the year you steal it unless you return it to its rightful owner in the same year. Source.