Fact and Fiction - love the contrast
If you're not a liberal when you're 25, you have no heart. If you're not a conservative by the time you're 35, you have no brain.An interesting muse for the mind, however, upon research, one discovers that Churchill is not attributed with this saying.
- What was my brother trying to do? Convince me of his position.
- My response - why does the heart and brain have to be at odds with one another?
"Time is the hand, that writes the truth, on the wall of experience"One often holds a belief in youth, that matures with age. Ideally the heart and mind work in unison. Think of the heart and emotions as the fuel in your vehicle. The head is the steering wheel. Both are needed for the journey.
Block Chains and decentralization
Wait, that just happened, didn't it?
- A hacker stole $64 M of ether (bitcoin alternative) from an investment firm.
- There was a time delay during which the hacker could not claim the funds - they sat there without the true owners being empowered to retrieve them.
- Ethereum reset their system (burned the ether currency for the past day) to a backup that existed previously.
- While this eradicated the transactions that occurred during the past day, and thus, the theft of the "investors' money", it also resulted in a 'fork' in which some users choose to stay with the original, pre-fork currency, and others choose the new, post-fork currency.
- All transactions since this reset are gone.
- An entirely new set of cards (for all clients) and machines (for all merchants) are issued.
- Those who don't want the new cards may keep using the old cards. Those merchants that don't want the new machines may continue to use the old machines. There are now effectively '2 forks', 2 sets of MasterCards; remember there isn't a central authority that can insist that everyone uses the new cards and machines.
- Forks can be produced resulting in multiple "online currencies". Without a central authority, there is no limit to how many different forks, and online currencies might result as time marches forward.
- Mike Hearn (one time advocate and developer for Bitcoin) states in the article cited above, and on his blog, '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".'