News From Around The Noosphere
Despite China's ban on crypto trading, there is a ravenous appetite for crypto wealth — traders have simply started placing their bets in Japan, Hong Kong, and South Korea. The regulatory crackdowns have done little to stifle the hundreds of scam crypto projects in China (many of them deployed overseas), while newly minted bitcoin millionaires — mostly male with no education or merits necessary — abound.
Fundamentally the homeland-as-a-service model implies it is ok to ask what your country can do for you — countries will have to begin to compete for the most qualified citizens by delivering better services and such advantages as a strong economy, a fair legal system, and robust social welfare programs. If the services are not competitive, people can shop around for alternatives. Blockchain is critical for this model to come to life, because distributed trust replaces the centralized authoritarian controls systems used by governments.
The proof of work protocol in Bitcoin and other cryptocurrencies allows users to verify transactions and establish trustless and distributed consensus, meaning users do not have to rely on a third party like Visa, PayPal, or banks to legitimize a transaction. Instead, the transactions are distributed, auditable and verified through miners’ work in creating and maintaining new blocks. For their efforts, miners are rewarded through the issuance of new coins in the network.
The word "gaslighting" has its origins in the in Patrick Hamilton's 1938 play "Gas Light", in which a woman is slowly driven insane by her husband who systematically lied to her about whether their gas light was dimming. By allowing abusers remote access to their victims appliances, doorbells, and yes, lights, the internet of things brings gaslighting full circle.
In The Mesh is an editorially independent project supported by goTenna.