TNW - The Next Web

Bull Bitcoin’s Dollar-Cost Averaging tool for Canadians: a detailed overview

Hello fellow Canadian Bitcoiners!
I'm Francis Pouliot, CEO and founder of Bull Bitcoin (previously known as Bitcoin Outlet) and Bylls.
I haven't been active on Reddit for a while but I thought I'd pop back here to let the community know about our new dollar-cost averaging feature, "Recurring Buy"
This post is a copy of my most recent medium article which you can read here if you want to see the screenshots. https://medium.com/bull-bitcoin/bull-bitcoins-dollar-cost-averaging-tool-for-canadians-the-right-time-to-buy-bitcoin-is-every-day-82a992ca22c1
Thanks in advance for any feedback and suggestions!
[Post starts here]
The Bull Bitcoin team is constantly trying to reduce the frictions ordinary people face when investing in Bitcoin and propose innovative features which ensure our users follow Bitcoin best practices and minimize their risks.
We are particularly excited and proud about our latest feature: an automated Bitcoin dollar-cost averaging tool which we dubbed “Recurring Buy”.
The Recurring Buy feature lets Bull Bitcoin users create an automated schedule that will buy Bitcoin every day using the funds in their account balance and send the Bitcoin directly to their Bitcoin wallet straight away.
We put a lot of thought in the implementation details and striking the right trade-offs for a simple and elegant solution. Our hope is that it will become a standard other Bitcoin exchanges will emulate for the benefit of their users. This standard will certainly evolve over time as we accumulate feedback and operational experience.
In this article, I cover:
The problem that we are trying to solve
Recurring Buy feature details, processes and instructions
The rationale (and tradeoffs) behind the main feature design choices
Bull Bitcoin is only available to Canadians, but non-Canadians that wish to have a look at how it works are welcome to make a Bull Bitcoin account and check out how it works here. You will be able to go through the process of create the schedule for testing purposes, but you wont be able to fund your account and actually purchase Bitcoin.
What problems does Dollar-Cost Averaging solve?
The most common concern of Bitcoin investors is, not surprisingly, “when is the right time to buy Bitcoin?”. Bitcoin is indeed a very volatile asset. A quick glance at a Bitcoin price chart shows there are without a doubt “worse times” and “better times” to invest in Bitcoin. But is that the same as the “right” time?
Gurus, analysts and journalists continuously offer their theories explaining what affects the Bitcoin price, supported by fancy trading charts and geopolitical analysis, further reinforcing the false notion that it is possible to predict the price of Bitcoin.
Newbies are constantly bombarded with mainstream media headlines of spectacular gains and devastating losses. For some, this grows into an irresistible temptation to get rich quick. Others become crippled with the fear of becoming “the sucker” on which early adopters dump their bags.
Veterans are haunted by past Bitcoin purchases which were quickly followed by a crash in the price. “I should have waited to buy the dip…”
Many Bitcoin veterans and long-term investors often shrug off the question of when is the right time to buy with the philosophy: “just hodl”. But even those holding until their death will recognize that buying more Bitcoin for the same price is a better outcome.
Given the very high daily volatility of Bitcoin, a hodler can find himself in many years having significantly less wealth just because he once bought Bitcoin on a Monday instead of a Wednesday. His options are either to leave it up to chance or make an attempt to “time the market” and “buy the dip”, which can turn into a stressful trading obsession, irrational decisions (which have a negative impact on budget, income and expenses) and severe psychological trauma. In addition, trying to “buy the dip” is often synonymous to keeping large amounts of fiat on an exchange to be ready for “when the time comes”.
There must be a better way.
Bitcoin investors should be rewarded for having understood Bitcoin’s long-term value proposition early on, for having taken the risk to invest accordingly and for having followed best practices. Not for being lucky.
Overview of features and rules
In this section I go into every detail of the Recurring Buy feature. In the following section, I focus on explaining why we chose this particular user experience.
The user first decides his target investment amount. Ideally, this is a monthly budget or yearly budget he allocates to investing in Bitcoin based on his projected income and expenses.
The user then chooses either the duration of the Recurring Buy schedule or the daily purchase amount. The longer the better.
The frequency is each day and cannot be modified.
The user must submit a Bitcoin address before activating a Recurring Buy schedule. By default, every transaction will be sent to that Bitcoin address. It’s the fallback address in case they don’t provide multiple addresses later.
Once the user has filled the form with target amount, the duration and the Bitcoin address, he can activate the Recurring Buy Schedule.
The user is not required to already have funds in his account balance to activate the schedule.
We will randomly select a time of day at which his transaction will be processed (every hour, so 24 possible times). If the user insists on another time of day, he can cancel his Recurring Buy schedule and try again.


The Recurring Buy feature as displayed on bullbitcoin.com/recurring-buys
The schedule is then displayed to the user, showing the time and date at which transactions that will take place in the future. The user will be able to see how long his current balance will last.
He can follow the progress of the dollar-cost averaging schedule, monitor in real time his average acquisition cost, and audit each transaction individually.
At this point, the user can and should change the Bitcoin address of his next transactions to avoid address re-use. Address re-use is not forbidden, but it is highly discouraged.
After having modified the Bitcoin addresses, there is nothing left for the user to do except watch the bitcoins appear in his Bitcoin wallet every day!
The Bitcoins are sent right away at the time of purchase.
Bitcoin transactions using the Recurring Buy feature will have the lowest possible Bitcoin network transaction fee to avoid creating upwards pressure on the fee market impact other network users.


What users see after first activating a schedule
The Recurring Buy schedule will be cancelled automatically at the time of the next purchase if the balance is insufficient. He can add more funds to his balance whenever he wants.
The Recurring Buy schedule will continue until the target amount is reached or until the account balance runs out.
The user can cancel his Recurring Buy schedule whenever he wants.
If the user wants to change the amount or duration of the schedule, he can simply cancel his current schedule and create a new one.
Each schedule has a unique identifier so that users can keep track of various schedules they perform over time.
Once a schedule is completed, either fully or partially, a summary will be provided which shows the number of transactions completed, the average acquisition cost, the total amount of Bitcoin purchase and the total amount of fiat spent. Useful for accounting!


A partially completed Recurring Buy schedule cancelled after 9 days due to insufficient funds
Though process in making our design choices
Recurring Bitcoin Purchases vs. Recurring Payment/Funding
The first and most important design choice was to separate the processes of funding the account balance with fiat (the payment) from the process of buying Bitcoin (the purchase). Users do not need to make a bank transaction every time they do a Bitcoin purchase. They first fund their account manually on their own terms, and the recurring purchases are debited from their pre-funded account balance.
Another approach would have been to automatically withdraw fiat from the user’s bank account (e.g. a direct debit or subscription billing) for each transaction (like our friends at Amber) or to instruct the user to set-up recurring payments to Bull Bitcoin from their bank account (like our friends at Bittr). The downside of these strategies is that they require numerous bank transactions which increases transaction fees and the likelihood of triggering fraud and compliance flags at the user’s bank. However, this does remove the user’s need to keep larger amounts of fiat on the exchange and reduces the friction of having to make manual bank payments.
Bull Bitcoin is currently working on a separate “Recurring Funding” feature that will automatically debit fiat from the user’s bank accounts using a separate recurring schedule with a minimum frequency of once a week, with a target of once every two weeks or once a month to match the user’s income frequency. This can, and will, be used in combination from the “Recurring Buy” feature, but both can be used separately.
The ultimate experience that we wish to achieve is that users will automatically set aside, each paycheck (two weeks), a small budget to invest in Bitcoin using the “Recurring Funding” feature which is sufficient to refill their account balance for the next two weeks of daily recurring purchases.
Frequency of transactions
The second important decision was about customizing the frequency of the schedule. We decided to make it “each day” only. This is specifically to ensure users have a large enough sample size and remain consistent which are the two key components to a successful dollar-cost averaging strategy.
A higher amount of recurring transactions (larger sample size) will result in the user’s average acquisition being closer to the actual average Bitcoin price over that period of time. Weekly or monthly recurring purchases can provide the same effectiveness if they are performed over a duration of time which is 7x longer (weekly) or 30x longer (monthly).
It is our belief that the longer the duration of the schedule, the more likely the user is to cancel the recurring buy schedule in order to “buy the dip”. Dollar-cost averaging is boring, and watching sats appear in the wallet every day is a good way to reduce the temptation of breaking the consistency.
We do not force this on users: they can still cancel the schedule if they want and go all-in. We consider it more of a gentle nudge in the right direction.
Frequency of withdrawals (one purchase = one bitcoin transaction)
This is one of the most interesting design choices because it is a trade-off between scalability (costs), privacy and custody. Ultimately, we decided that trust-minimization (no custody) and privacy were the most important at the expense of long-term scalability and costs.
Realistically, Bitcoin network fees are currently low and we expect them to remain low for the near future, although they will certainly increase massively over the long-term. One of the ways we mitigated this problem was to select the smallest possible transaction fee for transactions done in the context of Recurring Buy, separate from regular transaction fees on regular Bitcoin purchases (which, at Bull Bitcoin, are very generous).
Note: users must merge their UTXOs periodically to avoid being stuck with a large amount of small UTXOs in the future when fees become more expensive. This is what makes me most uncomfortable about our solution. I hope to also solve this problem, but it is ultimately something Bitcoin wallets need to address as well. Perhaps an automated tool in Bitcoin wallets which merges UTXOs periodically when the fees are low? Food for thought.
When transaction fees and scalability becomes a problem for us, it will have become a problem for all other small payments on the Bitcoin network, and we will use whatever solution is most appropriate at that time.
It is possible that Lightning Network ends up being the scalability solution, although currently it is logistically very difficult to perform automated payouts to users using Lightning, particularly recurring payouts, which require users to create Bolt11 invoices and to convince other peers in the network to open channels and fund channels with them for inbound capacity.
These are the general trade-offs:
Send a Bitcoin transaction for every purchase (what we do) - Most expensive for the exchange - Most expensive for the user (many UTXOs) - Increases Bitcoin Network UTXOs set - Inefficient usage of block space - Most private - Zero custody risk
Keep custody of the Bitcoin until the schedule is over or when the user requests a withdrawal (what Coinbase does) - No additional costs -No blockchain bloating - Same level of privacy - High custody risk
Batch user transactions together at fixed intervals (e.g. every day) - Slightly lower transaction costs for the exchange - Same costs for the user - Slightly more efficient use of block space - Same level of UTXO set bloating - Much lower level of privacy - Slightly higher custody risk
Single address vs multiple addresses vs HD keys (xpubs)
The final decision we had to make was preventing address re-use and allowing users to provide an HD key (xpub) rather than a Bitcoin address.
Address re-use generally decreases privacy because it becomes possible for third-party blockchain snoops to figure out that multiple Bitcoin transactions are going to the same user. But we must also consider that even transactions are sent to multiple addresses, particularly if they are small amounts, it is highly likely that the user will “merge” the coins into a single transaction when spending from his wallet. It is always possible for users to prevent this using Coinjoin, in which there is a large privacy gain in not re-using addresses compared to using a single address.
It is important to note that this does not decrease privacy compared to regular Bitcoin purchases on Bull Bitcoin outside of “Recurring Buy”. Whether a user has one transaction of $1000 going to a Bitcoin address or 10x$100 going that same Bitcoin address doesn’t reveal any new information about the user other than the fact he is likely using a dollar-cost averaging mechanism. It is rather a missed opportunity to gain more privacy.
Another smaller decision was whether or not we should ask the user to provide all his addresses upfront before being able to activate the schedule, which would completely remove the possibility of address re-use. We ultimately decided that because this process can take a very long time (imagine doing Recurring Buy every day for 365 days) it is better to let the user do this at his own pace, particularly because he may eventually change his Bitcoin wallet and forget to change the addresses in the schedule.
There are also various legitimate use-cases where users have no choice but to re-use the same address . A discussion for another day!
Asking the user to provide an XPUB is a great solution to address re-use. The exchange must dynamically derive a new Bitcoin address for the user at each transaction, which is not really a technical challenge. As far as I can tell, Bittr is the only Bitcoin exchange exchange which has implemented this technique. Kudos!
It is however important that the user doesn’t reuse this XPUB for anything else, otherwise the exchange can track his entire wallet balance and transaction history.
It is worth noting that not all wallets support HD keys or have HD keys by default (e.g. Bitcoin Core). So it is imperative that we offer the option to give Bitcoin addresses. We believe there is a lot of potential to create wallet coordination mechanisms between senders and recipients which would make this process a lot more streamlined.
In the future, we will certainly allow users to submit an XPUB instead of having to manually input a different address. But for now, we wanted to reduce the complexity to a minimum.
Conclusion: personal thoughts
I have a somewhat unique perspective on Bitcoin users due to the fact that I worked at the Bitcoin Embassy for almost 4 years. During this time, I had the opportunity to discuss face-to-face with thousands of Bitcoin investors. One of my favourite anecdotes is a nocoiner showing up at our office in December 2013 with a bag full of cash attempting to buy Bitcoin, “I know how to read a chart”, furious after being turned away. Many people who went “all-in” for short-term gains (usually altcoins) would show up to the Bitcoin Embassy office months later with heart-breaking stories.
This isn’t what I signed up for. My goal is to help people opt-out of fiat and, ultimately, to destroy the fiat currency system entirely.
This instilled in me a deep-rooted concern for gambling addiction and strong aversion to “trading”. I do not believe that Bitcoin exchanges should blindly follow “what the market dictates”. More often than not, what dictates the market is bad habits users formed because of the other Bitcoin services they used in the past, what other people are used to, and what feels familiar. Running a Bitcoin company should be inseparable from educating users on the best practices, and embedding these best practices into the user experience is the best way for them to learn.
Another important anecdote which motivated me to build a dollar-cost averaging tool is a person very close to me that had made the decision to buy Bitcoin, but was so stressed out about when was the right time to buy that they ended up not buying Bitcoin for a whole 6 months after funding their Bull Bitcoin account. That person eventually gave up and ultimately invested a large amount all at once. In hindsight, it turned out to be one of the worst possible times to invest in Bitcoin during that year.
Investing in Bitcoin can, and should be, a positive and rewarding experience.
Buying Bitcoin every day is the right strategy, but it is not necessarily lead to the best outcome.
The reality is that the best time to buy Bitcoin is at when market hits rock bottom (obviously). Sometimes, the upside from buying the dip can be much bigger than the risk (e.g. when the price dropped below $200 in 2015). But these are exceptions rather than the rule. And the cost of chasing dips is very high: stress, investing time and mental energy, and the very real psychological trauma which results from making bad trading decisions. Ultimately, it’s better to do the right thing than being lucky, but it’s not always a bad idea to cheat on your dollar-cost averaging from time to time if you can live with the costs and consequences.
Yours truly,
Francis
submitted by FrancisPouliot to BitcoinCA [link] [comments]

Could we please make a stronger attempt to bridge this divide in the community and get more insight into the thought processes of the Core Developers?

I'm making this post in what may be a futile attempt to bridge this ever widening gap in the Bitcoin community. This is mostly going to be from the perspective of a small-time investor, not a technical guy at all. I may not be the most qualified person to make this post, but I'd like to see more posts like this so that it may be possible for us to move past this current quagmire as a more unified community. I'm posting in this subreddit even under the fear that it may get removed because I want this to be seen by more than just the people that have been pushed out of this community.
Having said that, I think the first thing that we should acknowledge is that an extremely significant portion of the Bitcoin community HATE the core developers. I know that many don't care that this happens to be true, but this really should be cause for alarm. I'll spend most of this post addressing the reasons I think this is the case, then perhaps in the comments others can chime in, and we can hear from the Core developers as well.
I'd like to see more polls done within the community so that we can find a better sense of the thoughts of everybody. I'm not sure where the majority of support lies but I think we need to make a better effort to address the concerns of everybody, so that we can move forward as one, stronger unit. Every one of us have invested into Bitcoin in some way, and collectively, we are what make Bitcoin worth $414 dollars. If a significant portion of us get fed up and leave, we can expect price drop, which is bad for everybody. (Unless of course you have decided to short Bitcoin.) But the people that leave are probably not going to leave Crypto altogether. Personally, I've started putting more and more of my money into alt-coins that seem better equipped to fulfill the potential which Bitcoin may not be able to with the current development team. If enough of us decide that, it's possible that another coin could take over.
While this is unlikely, I think it's undeniably true that many have liquidated their Bitcoin holdings because this loss of faith in developers, and I think there are far more people that would like to invest, but think that Bitcoin is too risky with its current development team.
To that end, let's restore confidence in the current team by delving into their thought processes. I think everything unfortunately comes back to the blocksize debate. It's exhausting, but it needs to come to a conclusion if we want more people to invest in Bitcoin. And I think we all want as many people to invest in Bitcoin as possible.
  1. Core Developers don't seem to have any urgency to get this block size thing resolved. I think most people see this as the number one problem with bitcoin right now, and would like to see is all effort being put into a permanent solution before we see the developers work on less critical things. A lot of talk has been thrown around about a temporary, small increase to buy more time, but many want this blocksize issue to be in Bitcoin's rear-view mirror. The reason being that as long as this uncertainty exists, there are a lot of investors that simply won't get into bitcoin, and to foster the network effect, we need to get as many people in as soon as possible. We have a halving coming up shortly, which brings with it a potential price increase, and I for one would like to see how much it can go up if we don't have this blocksize cloud hanging over investors. So the question for Core Developers is, how much do you feel the same? How committed are you to putting out a permanent solution as quickly as is safe?(This, by the way, is why BIP101 is so appealing to so many people. It may not be the best solution, but it is A solution. One that has been tested, and can resolve this debate once and for all.)
  2. The Core Developers don't seem to be willing to compromise much. It's great that we had those scaling Bitcoin conferences, but what did we get out of them? When the major exchanges came out this summer in support of BIP101, the Core developers quickly issued a letter saying that they've heard our concerns, and asked us to wait until the Scaling Bitcoin conferences were over. Many were hoping for a clear path forward and a clear alternative to BIP101 upon the conclusion of the second one, but the second one has concluded and we do not have that. We have a lot of promising ideas, but nothing that would be an alternative to BIP101. (That is, something that would conclude this block size debate once and for all.) We don't even have a timeline or a plan for one. It seems to me that a golden opportunity was missed to compromise on BIP101. I didn't see anything come out of the conference that would last us more than a couple of years. BIP101 supporters want a clear path forward and they still do not have that from Core. So the questions is, how willing are you to compromise with the people that want BIP101? Would you be willing to compromise on a version of BIP101 that started at 4MB, or doubled slower?
  3. The Core developers aren't very good at communicating with their detractors. I think this is in part because they have little interest in communicating with people that don't understand the technical side of things. There is a sense that they see themselves above everybody else, and that they do not answer to the people that give their project value. Contrast this with the simple, thorough, and easy-to-understand, blog posts of Gavin and Mike. Gavin made a series of blog posts addressing every single one of Core developers concerns about raising the block size. As a casual investor, I really get the sense that he knows what he's talking about, and I trust him to lead us forward. The core developers didn't really do an adequate job explaining to us why that trust would be misplaced, and didn't adequately address his points about raising the block size. So the question is, will Core Developers make a better effort to communicate with us, and make us feel that our concerns are being heard? (This would of course include publicly denouncing the censorship which runs through some of the main Bitcoin channels, instead of pretending like it doesn't exist, or that it's not a problem.)
  4. It feels like core developers have framed the argument about raising the block size in a bad way. They have presented this as a matter of centralization vs. decentralization. Could you help us better understand why supporting BIP101 is necessarily synonymous with centralization, and why that would be a bad thing. It seems to me that the biggest concern is that if the block size gets too high, then it will be too cost prohibitive for an individual to run a full node, and it may lead to transactions not being broadcast because those transactions go against the interests of the small number of node operators that can afford to run them. (If I understand the argument correctly.) However, I'm not really too concerned about it. It seems that no matter how big Bitcoin gets, there will always be a significant number of early adopters that care about Bitcoin's decentralization, and will be able to afford to run a full node. This makes some sense, right? If we're maxing out 8GB blocks, it's difficult to imagine that bitcoin is going to continue to be worth $414 dollars. Most likely they will be worth tens of thousands of dollars, and given how much more affordable memory, disc space, and bandwidth are each and every year, I have a really hard time imagining a scenario where a full node would be so costly to operate that they there wouldn't still be plenty that are are willing to broadcast any valid transaction. So where am I wrong here? Why should I be more concerned about this than I am? (Also, when it comes to centralization, why is it okay for the future of Bitcoin to rely on Blockstream's ability to put out a functional Lightning network? If we had to rely on such a network to continue to make transactions affordably, wouldn't that be centralization as well?)
  5. It feels like the core developers are abandoning some of the potential that Bitcoin has to offer. When I was first looking into Bitcoin, I was told about all the potential the the blockchain could offer. This is one of the reasons I invested. We could use bitcoin for normal peer-to-peer financial transactions, but also micropayments, smart contracts, remittances, a distributed public ledger, colored coins, etc. It seems like if we want our currency to have the most possible value, shouldn't we try to do everything in our power to maximizes it's potential uses? Shouldn't we be inviting people to use our blockchain to use as they please instead of pushing them toward private blockchains? Do we still want Bitcoin to remain peer-to-peer? There seems to be a debate over whether Bitcoin should be merely a settlement layer. Can't it be both? Wouldn't it be more useful as both? Wouldn't that drive more people to invest?
This is getting long, and I know this isn't an exhaustive list of complaints, but I think it hits at the biggest ones. I also realize I may be showing my ignorance here as well, so please do correct any misunderstandings. I have a significant portion of my total wealth tied up in this currency, and I would like to be reassured that this remains a good investment with Core developers in charge. I believe that they do want what's best for Bitcoin, but their words and actions have been confusing, and fostering a greater divide in the community. It certainly feels like they aren't too concerned about Bitcoin as an investment for a lot of people, and I'd like to see that changed. Thank you for reading all this, and thank you for your thoughts and opinions. Lets keep this friendly, even if it ends up getting sorted by most controversial.
submitted by hotdogsafari to Bitcoin [link] [comments]

Bi-Weekly Rational Feed

===Highly Recommended Articles:
Superintelligence Risk Project Update II by Jeff Kaufman - Jeff's thoughts and the sources he found most useful. Project is wrapping up in a few day. Topics: Technical Distance to AI. Most plausible scenarios of Superintelligence risk. OpenPhil's notes on how progress was potentially stalled in Cryonics and Nanotech.
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===Rationalist:
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High Dimensional Societies by Robin Hanson - In high dimensional space the distance between points varies less. What implications does this have for 'spatial' social science models (ex analogues of 1D spectrums and 2D graphs).
Feelings In The Map by Elo (BearLamp) - Confusion is not a property of the external world. The same holds for many emotions. Non-violent communication and speaking from your own perspective.
Lesswrong Is Not About Forum Software by enye-word (lesswrong) - The best way to increase activity on lesswrong is to get back the top posters, especially Scott and Eliezer.
Explication by mindlevelup - "This essay is about explication, the notion of making things specific. I give some examples involving Next Actions and systematization. This might also just be obvious to many people. Part of it is also a rehash of Act Into Uncertainty. Ultimately, explication is about changing yourself."
Concrete Instructions by Elo (BearLamp) - "The objective test of whether the description is concrete is whether the description can be followed by an anonymous person to produce the same experience." Some examples including the 'paper folding game'.
Human Seems Low Dimensional by Robin Hanson - 'Humanness' seems to be a one dimensional variable. Hence people are likely to consider ems conscious and worthy of decent treatment since ems are human-like on many important factors. Some discussion of a study where people rated how human-like various entities were.
Erisology Of Self And Will: A Natural Offering by Everything Studies - A description of naturalism and it relation to science. Daniel Dennet. Many philosophers are still dualists about the self. The self as a composite. Freedom as emergent.
The Hungry Brain by Bayesian Investor - A short review that focuses on the basics of Guynet's ideas and meta-discussion of why Guynet included so much neuroscience. "Guyenet provides fairly convincing evidence that it’s simple to achieve a healthy weight while feeling full. (E.g. the 20 potatoes a day diet)."
Boost From The Best by Robin Hanson - [Age of Em] How many standard deviations above the mean will be the best em be? How much better will they be than the second best em? How much of a wage/leisure premium will the best em receive.
Becoming Stronger Together by b4yes (lesswrong) - "About a year ago, a secret rationalist group was founded. This is a report of what the group did during that year."
In Praise Of Fake Frameworks by Valentine (lesswrong) - "I use a lot of fake frameworks — that is, ways of seeing the world that are probably or obviously wrong in some important way. I think this is an important skill. There are obvious pitfalls, but I think the advantages are more than worth it. In fact, I think the "pitfalls" can even sometimes be epistemically useful."
Letter To Future Layperson by Sailor Vulcan (BYS) - A letter from someone in our age to someone post singularity. Description of the hardships and terrors of pre-singularity life. Emotional and poetic. ~5K words.
===AI:
Conversation With An Ai Researcher by Jeff Kaufman - The anonymous researcher thinks AI progress is almost entirely driven by hardware and data. Back propagation has existed for a long time. Go would have taken at least 10 more years if go-aI work had remained constrained by academic budgets.
Openai Baselines PPO by Open Ai - "We’re releasing a new class of reinforcement learning algorithms, Proximal Policy Optimization (PPO), which perform comparably or better than state-of-the-art approaches while being much simpler to implement and tune. PPO has become the default reinforcement learning algorithm at OpenAI because of its ease of use and good performance."
Superintelligence Risk Project Update II by Jeff Kaufman - Jeff's thoughts and the sources he found most useful. Project is wrapping up in a few day. Topics: Technical Distance to AI. Most plausible scenarios of Superintelligence risk. OpenPhil's notes on how progress was potentially stalled in Cryonics and Nanotech.
Real Debate Robots Education by Tyler Cowen - Robots are already becoming part of the classroom. K-12 is an artificially creation anyway. Robots can help autistic or disabled children. Children sometimes trust robots too much.
Robust Adversarial Inputs by Open Ai - "We’ve created images that reliably fool neural network classifiers when viewed from varied scales and perspectives. This challenges a claim from last week that self-driving cars would be hard to trick maliciously since they capture images from multiple scales, angles, perspectives, and the like."
What Is Overfitting Exactly by Andrew Gelman - "If your model is correct, “overfitting” is impossible. In its usual form, “overfitting” comes from using too weak of a prior distribution."
Conversation With Bryce Wiedenbeck by Jeff Kaufman - "AGI is possible, it could be a serious problem, but we can't productively work on it now." AGI will look very different from current technologies. Utility functions are a poor model of human behavior.
Examples Of Superintelligence Risk by Jeff Kaufman - A series of extended quotes describing ways AI with innocent seeming goals can destroy the world. Authors: Nick Bostrom, Eliezer (and collaborators), Luke M, 80K hours, Tim Urban. Jeff finds them unpersuasive and asks for better ones. Lots of interesting comments. Eleizer himself comments describing how 'paperclip maximizers' might realistically occur.
Superintelligence Risk Project Update by Jeff Kaufman - Links to the three most informative readings on AI risk. Details on the large number of people Jeff has talked to. Three fundamental points of view on AI-Safety. Three Fundamental points of disagreement. An update on the original questions Jeff was trying to answer.
Conversation With Michael Littman by Jeff Kaufman - CS Professor at Brown's opinions: Deep Learning is surprisingly brittle in his experience. General Intelligence will require large fundamental advances. The AI risk community isn't testing their ideas so they probably aren't making real progress.
===EA:
EAGX Relaunch by Roxanne_Heston (EA forum) - The EA global satellite EAGA-X conferences have been low activity. Changes: More funding and flexibility. Standardized formats. Fewer groups approved. Stipends to primary organizers.
Uncertainty Smoothes Out Differences In Impact by The Foundational Research Institute - Many inside view evaluations conclude that one intervention is orders of magnitude more effective than another. Uncertainty significantly reduces these ratios.
Autonomy: A Search For A Measure Will Pearson (EA forum) - "I shall introduce a relatively formal measure of autonomy, based on the intuition that it is the ability to do things by yourself with what you have. The measure introduced allows you to move from less to more autonomy, without being black and white about it. Then I shall talk about how increasing autonomy fits in with the values of movements such as poverty reduction, ai risk reduction and the reduction of suffering."
Eight media articles on GiveDirectly, Cash Transers and Basic Income.- A world where 8 men own as much wealth as 3.6 billion people by GiveDirectly -
More Giving Vs Doing by Jeff Kaufman - EA is moving far more money than it used to and the ramp up will continue. This means direct work has become relatively more valuable. Nonetheless giving money is still useful, capacity isn't being filled. Jeff plans on earning to give based on his personal constraints.
Why I Think The Foundational Research Institute by Mike Johnson (EA forum) - A description of the FRI. Good things about FRI. FRI's research framework and why the author is worried. Eight long objections. TLDR: "functionalism ("consciousness is the sum-total of the functional properties of our brains") sounds a lot better than it actually turns out to be in practice. In particular, functionalism makes it impossible to define ethics & suffering in a way that can mediate disagreements."
Tranquilism by The Foundational Research Institute - A paper arguing that reducing suffering is more important than promoting happiness. Axiology. Non-consciousness. Common Objections. Conclusion.
An Argument For Why The Future May Be Good by Ben West (EA forum) - Factory farming shows that humans are deeply cruel. Technology enabled this cruelty, perhaps the future will be even darker. Counterargument: Humans are lazy, not evil. Humans as a group will spend at least small amounts altruistically. In the future the cost of reducing suffering will go down low enough that suffering will be rare or non-existent.
Arguments Moral Advocacy by The Foundational Research Institute - "What does moral advocacy look like in practice? Which values should we spread, and how? How effective is moral advocacy compared to other interventions such as directly influencing new technologies? What are the most important arguments for and against focusing on moral advocacy?"
An Argument For Broad And Inclusive by Kaj Sotala (EA forum) - "I argue for a very broad, inclusive EA, based on the premise that the culture of a region is more important than any specific group within that region... As a concrete strategy, I propose a division into low-level and high-level EA"
Not Everybody wants a Goat by GiveDirectly - Eight links on GiveDirectly, Cash Transfers, Effective Altruism and Basic Income.
Mid Year Update by The GiveWell Blog - Encouraging more charities to apply. More research of potential interventions. Short operations recap. GiveWell is focusing more on outreach.
===Politics and Economics:
College Tuition by Tom Bartleby - Sticker prices for college have gone up 15K in twenty years, but the average actual cost has only gone up 2.5K. High prices are almost compensated by high aid. Advantage: more equitable access to education. Disadvantages: Not everyone knows about the aid, financial aid is large enough it can seriously distort family financial decisions.
War Of Wages Part 1 Apples And Walmarts by Jacob Falkovich (Put A Number On It!) - The Author thinks minimum wage hurts the poor. Walmart can't afford higher wages. Copenhagan Interpretation of Ethics: Walmart helps the poor and gets blamed, Apple does nothing for the poor but avoids blame.
Links 10 by Artir (Nintil) - Tons of links. Economics, Psychology, AI, Philosophy, Misc.
Pretend Ask Answer by Ben Hoffman (Compass Rose) - A short dialogue about Patriarchy and the meaning of oppression. Defensive actions are often a response to bad faith from the other side. Its not ok to explicitly say you think your partner is arguing in bad faith.
Cultural Studies Ironically Is Something Of A Colonizer by Freddie deBoer - An origin story for Writing Studies. The fields initial methodological diversity. Cultural studies took over the field, empirical work has been pushed out. Evidence that some cultural studies professors really do believe its fundamentally bigoted to do science and empirical research endangers marginalized students. The field has become insular.
The Dark Arts Examples From The Harris Adams Debate by Stabilizer (lesswrong) - The author accuses Scott Adams of using various dark Arts: Changing the subject, Motte-and-bailey, Euphemisation, Diagnosis, Excusing, Cherry-picking evidence.
Study Of The Week Modest But Real Benefits From Lead Exposure Interventions by Freddie deBoer - Freddie reviews a survey he found via SSC. The study had very good controls. Methodology is explained and key graphs are posted and discussed. Scott and Freddie seem to agree on the facts but have a different opinion on how large to consider the effects.
Descriptive And Prescriptive Standards by Simon Penner (Status 451) - Leadership means winning the Keynesian Beauty Contest. Public opinion doesn't exist as a stable reality. Prescribing public opinion. Dangers of social reform and leaders twisting the facts to promote noble outcomes.
A Taylorism For All Seasons by Lou (sam[]zdat) - "Christopher Lasch – The Culture of Narcissism, part 1/X, current essay being more of an overview." A Masquerade where you must act out the mask you choose.
Mechanism Agnostic Low Plasticity Educational Realism by Freddie deBoer - Freddie's educational philosophy. People sort into persistent academic strata. Educational attainment is heavily determined by factors outside of school's control. The mechanism differences in academic ability is unknown. Social and political implications.
Kin Aesthetics Excommunicate Me From The Church Of Social Justice by Frances Lee - A SJ-insider's critical opinion of SJ. Fear of being impure. Original Sin. Reproducing colonial structures of power and domination within social justice. Everyday Feminism's belittling articles. More humility. Bringing humanity to everyone, even those who have been inhumane.
Study Of The Week To Remediate Or Not To Remediate by Freddie deBoer - Should low math proficiency students take remedial algebra or credit bearing statistics. The City University of New York ran an actual randomized study to test this. The study had pretty good controls. For example students were randomly assigned to three groups, participating professors taught one section of each group.
Should We Build Lots More Housing In San Francisco: Three Reasons People Disagree by Julia Galef - For each of the three reasons Julia describes multiple sub-reasons. More housing might not lower prices much. More housing won't help the poor. NIMBY objections might be legitimate.
Kenneth Arrow On The Welfare Economics Of Medical Care A Critical Assessment by Artir (Nintil) - "Kenneth Arrow wrote a paper in 1963, Uncertainty and the Welfare Economics of Medical Care. This paper tends to appear in debates regarding whether healthcare can be left to the market (like bread), or if it should feature heavy state involvement. Here I explain what the paper says, and to what extent it is true."
Thoughts On Doxxing by Ozy (Thing of Things) - CNN found the identity of the guy who made the video of Trump beating up CNN. They implied they would dox him if he continued being racist. Is doxxing him ok? What about doxxing someone who runs jailbait? Ozy discusses the practical effect of doxxing and unleashing hate mobs.
On The Seattle Minimum Wage Study Part 2 by Zvi Moshowitz - Several relevant links are included. Seattle's economic boom and worker composition changes are important factors. Zvi dives deep into the numbers and tries to resolve an apparent contradiction.
Radical Book Club The Decentralized Left by davidzhines (Status 451) - The nature of leftwing organizing and what righties can learn from it. An exposition of multiple books on radical left organization building. Major themes are "doing the work" and "decentralized leadership".
On The Seattle Minimum Wage Study Part 1 by Zvi Moshowitz - The claimed effect sizes are huge. Zvi's priors about the minimum wage. Detailed description of some of the paper's methods and how it handle potential issues. Discussion of the raw data. More to come in part 2.
===Misc:
Childcare II by Jeff Kaufman - A timeline of childcare for Jeff's two children. Methods: Staying at home, Daycare, Au pair, Nanny.
Easier Chess Problem by protokol2020 - How many pieces do you need to capture a black queen?
Book Review Mathematics For Computer Science by richard_reitz (lesswrong) - Why the text should be in the MIRI research guide. Intro. Prereqs. Detailed comparisons to similar texts. Complaints.
Information is Physical by Scott Aaronson - Is information is physical a contentful expression? Why 'physics is information' is tautological. A proposed definition. Double slit experiment. Observation in Quantum Mechanics. Information takes up a minimum amount of space. Entropy. Information has nowhere to go.
Book Review Working Effectively With Legacy Code By Michael C Feathers by Eli Bendersky - To improve code we must refactor, to refactor we have to test, making code testable may take heroic efforts. "The techniques described by the author are as terrible as the code they're up against."
The Ominouslier Roar Of The Bitcoin Wave by Artem and Venkat (ribbonfarm) - A video visualizing and audiolizing the bitcoin blockchain. A related dialogue.
From Monkey Neurons To The Meta Brain by Hal Morris (ribbonfarm) - Neurons that only fire in response to Jennifer Anniston. Mirror Neurons. Theory of Mind. The path from copying movement to human-level empathy. Infant development. Dreams as social simulator. Communicating with our models of other people. He rapidly accelerating and dangerous future. We need to keep our mind open to possibilities.
Newtonism Question by protokol2020 - Balancing Forces. Gravity problem.
Short Interview Writing by Tyler Cowen - Tyler Cowen's writing habits. Many concrete details such as when he writes and what program he uses. Some more general thoughts on writing such as Tyler's surprising answer to which are his favorite books on writing.
Unexpected by protokol2020 - Discussion of gaps between primes. "Say, that you have just sailed across some recordly wide composite lake and you are on a prime island again. What can you expect, how much wider will the next record lake be?"
Interacting With A Long Running Child Process In Python by Eli Bendersky - Using the subprocess module to run an http server. Solutions and analysis of common use cases. Lots of code.
4d Mate Problem by protokol2020 - How many queens do you need to get a checkmate in 4D chess.
The Destruction Of American Cuisine by Small Truths - America used to have a tremendous number of regional cuisines, most are dead. They were killed by supermarkets and frozen food. This has been costly both in terms of culture and health (antibiotic resistance, crop monoculture risk)
===Podcast:
Sally Satel On Organ Donation by EconTalk - "The challenges of increasing the supply of donated organs for transplantation and ways that public policy might increase the supply." Tax Credits. The ethics of donor compensation.
Podcast The World Needs Ai Researchers Heres How To Become One by 80,000 Hours - "OpenAI’s latest plans and research progress. Concrete Papers in AI Safety, which outlines five specific ways machine learning algorithms can act in dangerous ways their designers don’t intend – something OpenAI has to work to avoid. How listeners can best go about pursuing a career in machine learning and AI development themselves."
88 Must We Accept A Nuclear North Korea by Waking Up with Sam Harris - "Mark Bowden and the problem of a nuclear-armed North Korea."
Triggered by Waking Up with Sam Harris - "Sam Harris and Scott Adams debate the character and competence of President Trump."
Conversation Atul Gawande by Tyler Cowen - The marginal value of health care, AI progress in medicine, fear of genetic engineering, whether the checklist method applies to marriage, FDA regulation, surgical regulation, Michael Crichton and Stevie Wonder, wearables, what makes him weep, Knausgaard and Ferrante, why surgeons leave sponges in patients.
Nneka Jones Tapia by The Ezra Klein Show - The first psychologist to run a prison. 30% of inmates have diagnosed mental health problems. Mental heath view of the penal system, balancing punishment and treatment, responsibility versus mental instability, the tension between what we use jail for and what we should use jail for.
Tamar Haspel by EconTalk - "Why technology helps make some foods inexpensive, how animals are treated, the health of the honey bee, and whether eggs from your backyard taste any better than eggs at the grocery."
From Cells To Cities by Waking Up with Sam Harris - "Biological and social systems scale, the significance of fractals, the prospects of radically extending human life, the concept of “emergence” in complex systems, the importance of cities, the necessity for continuous innovation"
Inside The World Of Supertraining: Mark Bell by Tim Feriss - "Mark’s most important lessons for building strength. How to avoid injury and breakdown. Lesser-known training techniques that nearly everyone overlooks. How Mark became a millionaire by offering his gym memberships for free."
Eddie Izzard by The Ezra Klein Show - 27 marathons in 27 days, process for writing jokes, why he wants to run for parliament, inspiration from Al Franken's, borrowing confidence from his future self. What he learned as a street performer, routines are based on history and anthropology, World War I, 'cake or death?'. His gender identity, and how he integrated it into his act early on, etc.
Martha Nussbaum by EconTalk - "The tension between acquiring power and living a life of virtue. Topics discussed include Hamilton's relationship with Aaron Burr, Burr's complicated historical legacy, and the role of the humanities in our lives."
Rs 188 Robert Kurzban On Being Strategically Wrong by Rationally Speaking - Why Everyone (Else) is a Hypocrite." The "modular mind" hypothesis, and how it explains hypocrisy, self-deception, and other seemingly irrational features of human nature.
submitted by deluks917_ to slatestarcodex [link] [comments]

"/r/Bitcoin" - a classic circlejerk

It's almost like clockwork.
If for some ungodly reason you want to try reading the entire above thread, for maximum effect you have to imagine yourself being cornered by the world's most self-important stoners, the kind of people leaping from one pseudo-profundity to the next without bothering to finish a single point. I really wasted far more effort than it deserved to de-crypt the linked thread.
So we have the OP - who from personal experience I can say is a class act and one of the funniest people on this entire website. He decided to make the thread as a joke (bitcoins are actually pretty awesome FYI)...but let's see here. Top comment:
This is seriously the top comment. As expected, a redditor as usual decides to use fedoras as a way to shame other redditors. That, and reddit apparently wouldn't know an actual fedora from a hole in the ground. I saw someone just the other day saying they couldn't take breaking bad seriously after Walter white got a "fedora" - that's a pork-pie hat you fucking wanker. I can't have seen someone on reddit correctly identify a fedora more than a half dozen times, and even then most of them were accidental. We're seriously approaching the point where someone will see some bloke with his head stuck in a shallow hole in the ground, and the next thing you know, because it touched the top of some fucker's head, we'll have a frontpage post about a petition to change the name of the planet from "Earth" to "Fedora." I'm frankly stunned that I haven't seen a front page post about Tutankhamun's fucking death mask saying "Look at this stupid neckbeard's golden fedora!" Seriously, the incredible lack of self-awareness, constant "Hey, I said this word you all know!" style repetition, and the blind, clueless, bandwagon hatred of fedoras and the people that wear them around here is truly cringeworthy. Oh shut the fuck up with this stupid fedora shit. At this point, it's just stupid and redundant. Swill. Whatever excuse, whatever reply you have is not good enough at this point. It is SO unbelievably unoriginal, so uninspired and baseless and totally unrelatable to anyone with a normal social life that it's just pathetic coming from anyone who uses that expression and it makes you ultimately pathetic. Nothing can redeem you now. Absolutely nothing is worse than a man regurgitating the same unoriginal useless bullshit endlessly. You have become a part of a moldy network of shitbags who think that an awkward clothing choice is a legitimate point or a comment you should be wasting your time away making. Tl;dr, 'fedora', none of that will make you clever or smart or will get on my nerves. You're so sad now that literally nothing about who you are can save you from this moment. You think I wear one? You think I give a shit? You think I give a shit who you are or what you comment back? You think I cared if you read this whole thing? You think I care about the down-votes? You think I have a cat? None of that shit matters. Don't pay any attention to who I am or why I'm making such a big deal out of it. I just want it to sit with you how useless you are. How inane, how your appetite to post stupid meaningless shit on the most powerful form of communication we humans have... I want you to ruminate in the reality that you REALLY get off on posting about Fedora Wearing Nerds. Nothing will distract from that. Maybe you don't care how you look, maybe you don't care what people like me think. But you can't say that. You must care because you waste precious seconds that you're never getting back posting about it. See? You have no escape. Like I said, no matter who you are. No matter your achievements in life... You're still the little child no matter how old you are, that really fucking said, "I can smell the fedora from here." like a motherfucking cartoon character. You are internet trash. I'm so fucking sick of reddit being filled with absolute cyber-bullying trash like you. No matter how great you make yourself out to be, psychologically... the only thing that explains your behavior is that you're 1. a proven and unredeemable piece of shit or 2. So unhappy with something in your life and SO bad at handling your fucking emotions that you can't even speak to people like human fucking beings so long as something embarrassing happened to them. You are absolute trash. I've been dead for 3 minutes. You've got me all wrong. I'm all heart, and I get pissed off because I care about people. It's not a choice or an affectation, it's just how I feel. What I am is sensitive, and yeah I know that's considered a weakness by some, but isn't it just a synonym for aware? Say what you will about me, but you'll be talking out of your ass, because the folks who actually know me keep telling me I'm empathetic to a fault, I give too much energy to wounded birds, etc, etc. What I am saying is if I see a friend who is short on rent, I write them and check and I don't ask them to pay me back even though I'm probably going to hurt for it later. I'm a huge sap. I'm a light touch. Some people tell me that makes me a fool. I don't give a fuck. If you want to try to dis me at least get your facts straight. TMI? Sorry, that's how I tend to react when people stereotype me. I just spill my guts and let them know I'm a real person, not a straw man. After that anything they want to make up about me is on them, and it says more about them than it does about me. You casually sum me up as smug and intellectual, when the reality is I'm completely driven by emotion and all my intellect does it tell me how to go from point A to point B in pursuit of that. So, maybe you don't know as much as you think you do. Maybe you're the one who is smug. So yeah, it actually does piss me off when some pompous, snarky, self-important, self-appointed deacon of social justice buy the name of greenduch, who so doesn't know me, tells me that I'm the goddam enemy of the goddam downtrodden based on essentially nothing. And that is what your "fedora" stereotype represents to me. Being shitty to people over essentially nothing. Over a fucking hat.
Moving on, the reply to that comment is equally as bad.
Wow. Such clever. So upvotes. The whole "doge" meme needs to be put to rest already, right next to the grave where rage comics are buried. It is important for us to look further into the actual definition of the word "doge" to try to understand the origins a bit. The title of Doge was used for the elected chief of state in a number of Italian "crowned republics". The two best known such republics were Venice (where he was sometimes called a Doxe) and Genoa, which rivalled each other, and the other regional great powers, by building their historical city-states into maritime, commercial, and territorial mini-empires. Other Italian republics to have Doges were Amalfi and the small town of Senarica. In several writings of Theodor Herzl, founder of Zionism, he proposed that the future Jewish State take the title of "Doge" for its Head of State - but this was not taken up by the actual state of Israel. Venice, especially during the Middle Ages, Renaissance and Baroque, was a major centre of art and developed a unique style known as the Venetian School. In the Middle-Ages and the Renaissance, Venice, along with Florence and Rome, became one of the most important centres of art in Europe, and numerous wealthy Venetians became patrons of the arts. Venice at the time was a rich and prosperous Maritime Republic, which controlled a vast sea and trade empire. In the 16th century, Venetian painting was developed through influences from the Paduan School and Antonello da Messina, who introduced the oil painting technique of the van Eyck brothers. It is signified by a warm colour scale and a picturesque use of colour. Early masters were the Bellini and Vivarini families, followed by Giorgione and Titian, then Tintoretto and Veronese. In the early 16th century, also, there was rivalry between whether Venetian painting should use disegno or colorito. This is the main reason why there is a huge amount of paintings left depicting the different Doge of Venice, while not so many, in fact a very few picturing the of Doge of Genoa and Amalfi. I doubt any of you lazy fuckers have read any of this shit and are going to just counterjerk in the comments, but anyways this next comment is worth taking a look at.
A joke about Ron Paul? What year is this, seriously? Sometimes I cannot believe what I'm reading on this website. One minor slip-up of Ron Paul during filming could have completely tarnished his career or caused a snowball effect of negative press. Thank God he handled it as well as he did. But Sasha was a dick to put him in the spot like that. Also, this was during the spark of the Ron Paul revolution in 2008 and it seems to me like a media stunt to ridicule Ron Paul and mask his message. What Ron Paul represents is life, liberty, and the pursuit of happiness, and that, to me, is something that I do not fool around with. Especially just to fill more seats in a theater. Since I worked for Dr. Paul during his last campaign...I will tell a story and maybe get in trouble for saying this...because he is very humble and told his long time secretary to not say a word...but in Vegas after a few glasses of wine, she spilled this tidbit... A bunch of Veterans in his district were not getting their medals and awards for their time in service. Dr. Paul used his OWN money, not his Congresional salary, becaus if you didn't know, he signs that back to the Treasury; to pay for 200 soldiers Awards,Plaques and medals. The cost was well over $100,000. One of the men, in a wheelchair and suffering from Agent Orange stared at him for a long time...his assistants thought the man was dangerous, but Dr. Paul wasn't fazed. He asked the man if he could help him...this decorated and torn apart Vietnam Vet broke down in tears and told Dr. Paul "You did enough, I just wanted to shake yoru hand and thank you" That is the man Ron Paul is...
This is either a glorious example of people wildly overestimating their own misunderstood genius, people who only write while under the influence of powerful narcotics, or a window into the mind of people in need of some professional help. There's usually one in each intro level economics class, so you can pretty much take your pick.
submitted by ManWithoutModem to circlebroke [link] [comments]

Top 50 Cryptocurrencies

Top 50 Cryptocurrencies
I thought this might be of real help for the ones that are just joining crypto and still want to read.
Let’s face it: there are a lot of cryptocurrencies out there, with new ones coming out almost daily and old ones disappearing seemingly just as fast as they appeared. It’s easy to get overwhelmed.
If you are new to cryptocurrencies, this is an excellent starting point to learn about each of the top 50 cryptocurrencies (by market cap). Even if you’re a crypto veteran, this is a great resource to reference if you ever get any of the top 50 confused, or if you want to read more about a new coin which has joined the ranks.
Our hope is to point you in the right direction, spur your interest to do more research, and steer you away from the potential scams out there (And yes, there are potential scam coins in the top 50!)
Here at Invest In Blockchain, we are obsessed with researching the internet for all things crypto. The information found in this post is the result of hundreds of hours of painstaking research by me and other writers on our team.
Note that this list is constantly changing and I will do my best to keep it up-to-date, but the top 50 moves almost daily! Please refer to coinmarketcap.com for the latest information on the top 50 cryptocurrencies and their prices.
Let’s get started!
(Information accurate as of May 23, 2018)

#1 – Bitcoin (BTC)

📷
The king of the crypto world, Bitcoin is now a household name; to many, it is synonymous with “cryptocurrency”. Its purpose is to provide a peer-to-peer electronic version of cash to allow payments to be sent online without the need for a third party (such as Mastercard).
The rapid rise in Bitcoin’s price has brought about an explosion of new Bitcoin investors. With the huge increase in interest has come a rise in merchants accepting Bitcoin as a legitimate form of payment. Bitcoin is fast moving towards its goal of becoming a currency accepted worldwide.
Bitcoin’s development is led by Bitcoin Core developer Wladimir J. van der Laan, who took over the role on April 8, 2014. Bitcoin’s changes are decided democratically by the community.
For an in-depth look at Bitcoin, including an explanation of Bitcoin mining, Bitcoin’s history, an analysis of Bitcoins’ value and a description on how bitcoin actually works, see our comprehensive guide “What is Bitcoin? Everything You Need to Know About Bitcoin, Explained“.
For a more detailed description of Bitcoin’s economics, what makes money and how Bitcoin works in the economy as a whole see: “Bitcoin Explained” and “Bitcoin is a Deflationary Currency”.

#2 – Ethereum (ETH)

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Ethereum is the revolutionary platform which brought the concept of “smart contracts” to the blockchain. First released to the world in July 2015 by then 21-year-old Vitalik Buterin, Ethereum has quickly risen from obscurity to cryptocurrency celebrity status.
Buterin has a full team of developers working behind him to further develop the Ethereum platform. For more background information on Buterin, read our article, “Vitalik Buterin: The Face of Blockchain”.
Ethereum has the ability to process transactions quickly and cheaply over the blockchain similar to Bitcoin, but also has the ability to run smart contracts. For future reading on smart contracts, see “What’s the Difference Between Bitcoin and Ethereum”; but for now, think automated processes which can do just about anything.
For further reading on Ethereum, including an analysis of the platform’s strengths and future prospects, read “What is Ethereum, Everything You Need to Know Explained“.

#3 – Ripple (XRP)

📷
Ripple aims to improve the speed of financial transactions, specifically international banking transactions.
Anyone who has ever sent money internationally knows that today it currently takes anywhere from 3-5 business days for a transaction to clear. It is faster to withdraw money, get on a plane, and fly it to your destination than it is to send it electronically! Not to mention you will be paying exorbitant transaction fees — usually somewhere around 6% but it can vary depending on the financial institution.
Ripple’s goal is to make these transactions fast (it only takes around 4 seconds for a transaction to clear) and cheap.
The Ripple team currently comprises over 150 people, making it one of the biggest in the cryptocurrency world. They are led by CEO Brad Garlinghouse, who has an impressive resume which includes high positions in other organizations such as Yahoo and Hightail.
Check out “What is Ripple” for more information, including a closer look at what they do, controversies and future prospects.

#4 – Bitcoin Cash (BCH)

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Bitcoin Cash was created on August 1, 2017 after a “hard fork” of the Bitcoin blockchain. For years, a debate has been raging in the Bitcoin community on whether to increase the block size in the hope of alleviating some of the network bottleneck which has plagued Bitcoin due to its increased popularity.
Because no agreement could be reached, the original Bitcoin blockchain was forked, leaving the Bitcoin chain untouched and in effect creating a new blockchain which would allow developers to modify some of Bitcoin’s original programmed features.
Generally speaking, the argument for Bitcoin Cash is that by allowing the block size to increase, more transactions can be processed in the same amount of time. Those opposed to Bitcoin Cash argue that increasing the block size will increase the storage and bandwidth requirement, and in effect will price out normal users. This could lead to increased centralization, the exact thing Bitcoin set out to avoid.
Bitcoin Cash does not have one single development team like Bitcoin. There are now multiple independent teams of developers.
Read “What is Bitcoin Cash” for more information. You can also check out their reddit and official webpage.

#5 – EOS (EOS)

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Billed as a potential “Ethereum Killer”, EOS proposes improvements that can challenge Ethereum as the dominant smart contract platform. One main issue EOS looks to improve is the scalability problems which has plagued the Ethereum network during times of high transaction volume, specifically during popular ICOs.
A perhaps more profound difference EOS has, compared to Ethereum, is the way in which you use the EOS network. With Ethereum, every time you make modifications or interact with the network, you need to pay a fee. With EOS, the creator of the DAPP (decentralized app) can foot the bill, while the user pays nothing. And if you think about it, this makes sense. Would you want to have to pay every time you post something on social media? No, of course not!
In addition to this, EOS has a few other technical advantages over Ethereum such as delegated proof of stake and other protocol changes. Just know that EOS has some serious power under the hood to back up the claim of “Ethereum Killer”.
EOS was created by Dan Larrimer who is no stranger to blockchain or start ups. He has been the driving force behind multiple successful projects in the past such as BitShares, Graphene and Steem.
For more information on EOS such as how and where to buy EOS tokens, EOS’s vision and potential challenges, see “What is EOS”.

#6 – Litecoin (LTC)

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Similar to Bitcoin, Litecoin is a peer-to-peer transaction platform designed to be used as a digital currency. Due to some notable technical improvements, Litecoin is able to handle more transactions at lower costs. Litecoin has been designed to process the small transactions we make daily.
Litecoin is sometimes referred to “digital silver” while Bitcoin is known as “digital gold”. This is because traditionally silver was used for small daily transactions while gold was used as a store of wealth and was not used in everyday life.
The Litecoin blockchain is a fork from the Bitcoin chain. It was initially launched in 2011 when its founder, Charlie Lee, was still working for Google. Well-known as a cryptocurrency expert, Charlie Lee is backed by a strong development team who appear to be achieving what they set out to do. They have recently achieved a very notable accomplishment with the first successful atomic swap.
For an in-depth discussion on what Litecoin does, how it is different than Bitcoin and the team backing up the development, see “What is Litecoin”.

#7 – Cardano (ADA)

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Cardano is a smart contract-focused blockchain. It was originally released under the name Input Output Hong Kong by Charles Hoskinson and Jeremy Wood, a few of the early team members of Ethereum, and later rebranded into Cardano.
Cardano is trying to fix some of the largest problems the cryptocurrency world which have been causing ongoing issues for years such as scalability issues and democratized voting.
They have the potential to challenge Ethereum’s dominance in the smart contract world. Cardano is developing their own programing language similar to Ethereum; however, they are focusing more heavily on being interoperable between other cryptocurrencies.
While some cryptocurrencies are all bite but no bark, Cardano is quite the opposite. They are quietly focusing on a strong software which will be completely open-source.
Cardano’s team comprises some of the best minds in the industry, and they seek to create a strong foundation which others can build upon for years to come.
For up-to-date information on Cardano’s status see their Reddit page or official website. You can also read our article “What is Cardano” to learn more about them.

#8 – Stellar Lumens (XLM)

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In a nutshell, Stellar Lumens seeks to use blockchain to make very fast international payments with small fees. The network can handle thousands of transactions a second with only a 3-5 second confirmation time.
As you may know, Bitcoin can sometimes take 10-15 minutes for a transaction to confirm, can only handle a few transactions a second and, in turn, has very high transaction fees.
If this sounds a lot like Ripple, you’re right! Stellar Lumens was based off of the Ripple protocol) and is attempting to do similar things. Some of Stellar Lumens’ main uses will be for making small daily payments (micropayments), sending money internationally, and mobile payments.
Stellar Lumens is focusing on the developing world and, more specifically, the multi-billion dollar industry of migrant workers who send money back to their family in impoverished countries.
The Stellar Lumens team is led by Jed McCaleb, who has worked in numerous successful startups in the past such as eDonkey, Overnet, Ripple, and the infamous Mt. Gox.
For more information on Stellar Lumens, including the history and what sets Stellar Lumens apart, see “What are Stellar Lumens”. You can also learn about the differences between Stellar Lumens and Ripple.

#9 – TRON (TRX)

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As stated in TRON’s whitepaper, “TRON is an attempt to heal the internet”. The TRON founders believe that the internet has deviated from its original intention of allowing people to freely create content and post as they please; instead, the internet has been taken over by huge corporations like Amazon, Google, Alibaba and others.
TRON is attempting to take the internet back from these companies by constructing a free content entertainment system. This will enable users to freely store, publish and own data, giving them the power to decide where and how to share.
The project is led by founder Justin Sun, who has been listed on the Forbes 30 under 30 list twice (in 2015 and 2017). In addition, Sun is a protégé of Jack Ma, founder of Alibaba Group, China’s former Ripple representative and the founder of Peiwo APP.
Sun has assembled a strong team with heavy hitters including Binshen Tang (founder of Clash of King), Wei Dai (founder of ofo, the biggest shared bicycles provider in China), and Chaoyong Wang (founder of ChinaEquity Group). Sun has also secured the support of a few notable angel investors such as Xue Manzi.
For up-to-date information on Tron and further discussion of the technology and team, see “What is Tron” and their website.

#10 – IOTA (MIOTA)

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IOTA has seen many of the issues Bitcoin and Ethereum have with the POW (proof-of-work) and POI (proof-of-importance) models and looks to improve them with their revolutionary transaction validation network simply called “tangle”.
When issuing a transaction in IOTA, you validate 2 previous transactions. This means you no longer outsource validation to miners which requires wasteful amounts of computing power and usually a large stake of coins. These required resources are, in effect, centralizing the currencies which many believe were created to be decentralized in the first place.
With IOTA, the more active a ledger is, the more validation there is. In other words, the more people who use it, the faster it gets. You don’t have to subsidize miners, so there are no fees on transactions. That’s right: zero.
The IOTA team has been actively developing blockchain technology since 2011, and created the IOTA foundation and company in 2016. Since its emergence, the team has been continuously growing, attracting exceptional talent from around the world.
For more information on IOTA’s team and their revolutionary“tangle” technology, check out “What is IOTA”.

#11 – NEO (NEO)

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A leading platform for smart contracts and sometimes referred to as “China’s Ethereum”. NEO (formally Antshares) hopes to digitize many types of assets which were formerly kept in more traditional means, and therefore make it possible to use them in smart contracts.
To imagine a potential use case of NEO, think digitizing the title to a house into a smart asset, and then setting up that asset to automatically transfer to another person after payment for the house has been received. This would be, in effect, a simple smart contract.
NEO founder Da Hongfei is a leading figure in the cryptocurrency world and has worked on numerous blockchain projects in the past. The development team consists of 6 in-house investors and a large community of third-party developers.
For a complete overview of NEO, including the team, history and competitive analysis, check out “What is NEO”.

#12 – Dash (DASH)

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Dash (which comes from ‘digital cash’) aims to be the most user-friendly and scalable cryptocurrency in the world. It has the ability to send funds instantly confirmed by “double-send-proof” security with the added functionality of erasable transaction history and the ability to send transactions anonymously.
Like Bitcoin, Dash is meant to be used as a digital currency but has some added values such as much faster transaction times and lower fees. For a slightly higher fee, Dash has the added function of “instant send” which allows transactions to be confirmed almost instantly. This is one of the main selling points of Dash because many believe that this feature would allow it to be used in brick and mortar establishments.
The Dash development team consists of over 50 members and is led by former financial services professional Evan Duffield.
For the latest on Dash, see their official website and reddit page. You can also read “What is Dash” to learn more about the project.

#13 – Monero (XMR)

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Monero is a digital currency designed to be used as a completely anonymous payment system.
A common misconception with Bitcoin is that it is completely anonymous. In reality, all payments processed on the Bitcoin network are recorded on a public ledger (blockchain), so Bitcoin is actually only partially anonymous or “pseudonymous”.
This means that you can, in theory, trace back every transaction a coin has been involved with from its creation. Though users aren’t able to inherently link the public key on the blockchain with the private keys used to store the coins themselves, there will always exist a correlation between the two.
Monero has solved this problem by implementing cryptonic hashing of receiving addresses, therefore separating the coin from the address it is going to. This can be hugely valuable for anyone wishing to conceal their purchases.
The Monero development team consists of 7 core developers, only two of which are publicly known. There have been over 200 additional contributors to the project and software updates are implemented every six months or so.
To learn more about Monero including its competitors and challenges, read “What is Monero”. If you’re thinking about investing in Monero, check out our opinion piece “Should You Invest In Monero?“.

#14 – Tether (UDST)

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Tether is a cryptocurrency token issued on the Bitcoin blockchain. Each Tether coin is allegedly backed by one US Dollar. The goal is to facilitate transactions with a rate fixed to the USD.
Amongst other things, Tether looks to fix some of the legal issues which can arise when trading cryptocurrencies and it aims to protect people from market volatility.
Tether has faced controversy regarding their business model, and some consider it a scam. More info can be seen on reddit posts such as this.

#15 – NEM (XEM)

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NEM (New Economy Movement) is the world’s first proof-of-importance (POI) enterprise based on blockchain technology. With a focus on business use cases, the software was built from the ground up with adaptability in mind. NEM’s goal is for companies to use their “smart asset system” to implement customizable blockchains. A smart asset can be almost anything: a cryptocurrency token, a business’s stock or a company’s invoicing and records.
Some potential use cases for NEM’s technology include: voting, crowdfunding, stock ownership, keeping secure records, loyalty rewards point programs, mobile payments and escrow services. A list of NEM’s use cases can be found here.
The development of NEM is monitored by the Singapore-based NEM Foundation.
For more information on what NEM does and what sets NEM apart from its competitors, see “What is NEM”.

#16 – VeChain (VEN)

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As described in VeChain’s development plan, the organization’s purpose is to build “a trustfree and distributed business ecosystem based on the Blockchain technology self-circulated and expanding”.
They plan to do this by creating an efficient trustless business ecosystem to significantly reduce the wasteful information transfer systems of today.
Some of the areas and industries the VeChain platform is focusing on include eliminating counterfeiting in the fashion and luxury industry, food safety tracking systems, digitizing maintenance in the car industry and many other global supply chain processes.
For more information on VeChain, see their reddit and website. Read “What is Vechain” to learn about the project, and our investment opinion piece “5 Reasons to Invest in Vechain“.

#17 – Ethereum Classic (ETC)

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Ethereum Classic came about after a hard fork of Ethereum in 2016. The fork was a result of the infamous DOA hack where around 50 million dollars worth of Ethereum was stolen due to what was considered an oversight in the code.
The blockchain was forked in order to recoup the losses from this attack, but a small portion of the community did not wish to go back and change the original blockchain. Vitalik Buterin, founder of Ethereum, and subsequently the development team chose to go with the hard fork and work on what is now “Ethereum” today.
There is a lot of ongoing controversy with Ethereum Classic which can be better described on this reddit thread. For an in-depth discussion of Ethereum Classic, see”What is Ethereum Classic“.

#18 – Binance Coin (BNB)

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Binance Coin is the coin used to facilitate operations on the Binance platform, a cryptocurrency exchange that is capable of processing 1.4 million orders per second. The name “Binance” is derived from the combination of the terms “binary” and “finance”, referring to the integration of digital technology and finance.
The BNB coin is used to pay exchange fees, withdrawal fees, listing fees, and all other possible transaction expenses on the Binance platform. In order to incentivize new users to do their cryptocurrency trading on Binance, the team is offering discounts when BNB is used to pay fees. The discount will be 50% in the first year, 25% in the second, 12.5% in the third, and 6.25% in the fourth year before the discount ends.
Binance was primarily marketed to Chinese cryptocurrency investors at first, but they also have English, Korean, Japanese, French, Spanish, and Russian versions of the platform.
For a deeper look into Binance, you can read the whitepaper or check out the trading platform here.

#19 – Bytecoin (BCN)

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Bytecoin describes itself as “a private, decentralized cryptocurrency with with open source code that allows everyone to take part in the Bytecoin network development”. It is the first coin to offer untraceable payments, unlinkable transactions and resistance to blockchain analysis.
With Bytecoin, it is possible to send instant transactions anywhere around the world, which are totally untraceable and don’t require additional fees.
Bytecoin’s development is community-driven and a list of all of the different community websites can be found here.
For more information on Bytecoin, see: “What is Bytecoin“.

#20 – QTUM (QTUM)

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QTUM (pronounced Quantum) is an open-source value transfer platform which focuses on mobile decentralized apps or Dapps. QTUM is the world’s first proof-of-stake smart contracts platform.
QTUM is meant to be used as both a value transfer protocol, like Bitcoin, and a smart contract platform, like Ethereum. They have a number of technical innovations which some consider to make it superior to Ethereum, and they are focusing on mobile applications.
The platform itself is very new. It came about in March 2017, after a highly successful crowdfunding campaign raised them nearly 16 million dollars in only 5 days. QTUM has a small but strong development team and an impressive list of investors backing their ideas. QTUM’s development is lead by the Singapore based QTUM Foundation.
For further reading on the background of QTUM and what sets them apart, see “What is QTUM”.

#21 – Zcash (ZEC)

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ZCash is a value transfer protocol forked off of the Bitcoin blockchain. ZCash can be used like Bitcoin, with a few added improvements. With “zero cash technology”, ZCash shields both the amount transferred and the senders, making transactions truly anonymous.
ZCash is one of the new kids on the block in the world of “private transactions”.
An interesting note is that Ethereum is in the process of implementing some of ZCash’s technologies to enable transactions on the Ethereum network to be anonymous as well.
ZCash is being developed by the Zerocoin Electric Coin Company. They’ve had some great successes, most notably JP Morgan’s announcement that they would implement Zcash’s privacy technology to Quarum, a technology JP built on Ethereum.
Interested in investing in ZCash? Here’s the opinion of one of our writers: Should You Invest In ZCash?
ZCash was recently featured on the Radiolab episode The Ceremony.

#22 – OmiseGO (OMG)

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“Unbank the Banked” is the slogan of Omise’s online platform OmiseGo and that’s exactly what Omise has set out to do. Founded in 2013 off of the Ethereum blockchain, Omise aims to revolutionize the financial dynamics in Southeast Asia.
Omise is targeting individuals and businesses of all sizes by improving the current financial system which is slow, outdated, and inaccessible to most “everyday” people in these countries.
With their planned online exchange OmiseGO, Omise seeks to speed up the way money is spent and sent, both domestically and internationally in Southeast Asia and beyond.
They have a lot to celebrate too. OmiseGo has been building partnerships in the region and recently partnered with McDonald’s and Credit Saison.
Omise has established a strong team of over 130 staff members located in different countries. CEO and founder of Omise, Jun Hasegawa, has been involved in multiple startups and worked for Google for over 16 years.
The OmiseGO platform has been endorsed by some of the heavy hitters in the cryptocurrency world such as Vitalik Buterin and Gavin Wood, the co-founders of Ethereum.
For more information on what OmiseGO aims to do, see “What is OmiseGo”.

#23 – ICON (ICX)

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Fresh off a successful ICO, the Korea-based startup ICON is looking to provide a medium to connect all the different blockchains together. This puts ICON in the same field as Ark, which is attempting to accomplish similar goals.
The main concept of ICON is their idea of a “loopchain”. As stated in their whitepaper, a loopchain can be described as a “high-performance blockchain that can provide real-time transaction, which is based on enhanced Smart Contract.” Through ICON, participants will be able to connect to any blockchain without relying on the current centralized exchanges.
ICON has a relatively large team from various backgrounds. They have also secured the help of a few notable advisors such as Jason Best and Don Tapscott.
For more information on ICON and the work they’re doing, see “What is ICON“.

#24 – Lisk (LSK)

📷 Lisk is a decentralized network, like Bitcoin and Litecoin, which enables developers to deploy their own side chains off the main Lisk blockchain. These side chains are fully customizable blockchains which enable you to change the parameters you want to fit your own blockchain application.
This is similar to Ethereum and QTUM in some ways. With Lisk, the main difference is that the customizable blockchains split into their own separate side chains. This saves developers the grueling legwork of designing something from scratch. At the end of the day, side chains are only decentralized databases of blockchain applications.
Lisk is being developed by a small but quickly growing Berlin-based team. They are led by co-founders Max Kordek and Olivier Beddows who are veterans in the cryptocurrency and development world.
For a thorough look into Lisk including more on what Lisk does, its competitors, challenges and teams, see “What is Lisk”. You can also check out our case study of an accountant who invested all his life savings in Lisk: “Accountant Invests All in Lisk”.

#25 – Zilliqa – (ZIL)

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Zilliqa is a blockchain platform which focuses on solving the problem of scaling on public blockchains. With Zilliqa’s network, the number of transactions increases at a linear rate to the number of nodes.
This means that as nodes increase, so will its ability to handle high transaction volume. Zilliqa has already run a successful test on their network, where they were able to achieve 1,200 transactions per second with only 2,400 nodes.
Zilliqa also is the first blockchain to successfully integrate “sharding” into a public blockchain. This concept is extremely useful in improving the rate of scalability, bandwidth and performance in blockchains. Sharding, in effect, splits nodes into “shards” which can then conduct micro-transactions in each blockchain block.
In addition to this, Zilliqa claims to be more energy-efficient to mine. They also plan to implement dapps into their platform in the future.
For more information on Zilliqa, see their website and reddit. Our article “What is Zilliqa” can provide you with an overview of the project.

Source: https://www.investinblockchain.com/top-cryptocurrencies/

submitted by SilverSniper2017 to cryptoinvestingtop [link] [comments]

MAKE IT RAIN !!!

DO YOU BELEIVE IN MIRACLES ??? for everyone out there thats finding it hard to understand !!! I feel your pain ... All I can tell you is this was a message from above https://www.reddit.com/…/where_you_affected_by_a_technical…/ !!! My hands wrote this but someone elese was the author , Its make me realise that first you have to find yourself , I can only describe what im feeling as love , we are all one I have a little baby on the way and the love of the most amazing women, but what use is anything if I dont truly know who I am if I dont love myself how can anyone else truly love me ??? You know i thought this could change the world something as simple as a music, maybe it can im not sure, all I know is that there is a spark lit inside me , its my soul and it loves everyone we are all one !!! I look back to to 60`s and remember the free love movement I see people loving without prejudice I see a oneness that doesnt exist today...
Call it magic call it devine intervention call it what you will when you open your eyes for the first time and see the beauty in the world nothing can change you, I thought this was life it isnt, were stuck in a dream thinking hat we have to pay rent follow the legislation pretend to be a "person" .... A person is a legal term the term used to enslave you likewise "citizen" just a system set up to take all it can from you ... We are worth more than that and we know it... https://legal-dictionary.thefreedictionary.com/person What is a human being by statue ??? staatues are legislation , Did legislation make you a Human Being ??? We come from the light look at the video I posted the other day ... If you`re wondering when you became a Legal Fiction look at this https://thelawdictionary.org/cestui-que-trust/ introduced when the fires of London were burning !!! That wasnt enough for them they then put in a "legal system" or as it should be known a control system !!! Dont know how that system works ??? thats because they use legalese (english with different meanings) https://www.merriam- webster.com/dictionary/legalese
So how do you have a chance as a "person" you dont !!! when will realise the only law on this planet is that which god gave you !!! Is god not the highest authority ??? are you not made in his image ??? so whos the highest authority ??? and isnt GOD LOVE ???
Does it make sense that the people divided dont stand a chance does it make sense that some divine nature would want to free you from such tyrany ??? is it really as simple as loving each other , dancing , and taking back you life ???
no longer will I participate in this lie , Ive told enough lies to last me a lifetime I`ve done things im not proud of and i know that in the end its alll forgiven !!! Some of us go through life feeling that there must be something elese a purpose to it all that feeling is there for a reason its there to wake you from it all... My spark has been lit and it was the music that lit it !!!
Does it suprise you all that much that god is love not a religion not a faith nothing but love and we were put here to dance and sing and bask in that love ... We have our own ideas as to what God is some dont Beleive in god !!! But show me the person who doesnt beleive in love and ill show them love !!!
We talk about others theres every possible ism you can think of but what you dont see is that they are you you are them no matter the race, sexual orientaion, political alliance, we simply have good and bad life is about duality we need both Dont foregt to remember we all bleed red !!! they are us we are them !!! sometmes we lose track of what and who we are. I dont know if im right i dont know if im wrong but i know im willing to take a chance for the love i have inside me need to be shared !!!
I dont need anything everything i have has already been provided for me , will it be easy no i shouldnt imagine it will, nothing get be any harder than it has already , but i know they are always with me and im always with them in our hearts nothing will ever keep us from each other but my love my mother my brothers and sisters and the children are all part of me of us and nothing will ever change that ...
I am but one man but that is what i am a man a beautiful soverign human being and i need to start being , sitting on the soaf watching tv isnt going to change the world accepting to live in slavery is just the most stupid thing i could imaqine and while i dont know where im going or where ill end up i know that my family is out there and they want to listen !!! I have to take my message and love to them too ...
Ego : We think that we need money a flash car a nice house, ask yourself whats it worth in the end are you taking them with you ??? when our time comes i want to know i made a difference to the world and its not going to happen by buying yet more shit !!! We make difference by being !!!
The banking system you stand under is corrupt !!! the money is worthless its the religion that all sing to !!! and now thats moving into crypto currency (ONE WORLD CURRENCY) ... We speak of the NEW WORLD ORDER we all know thats somethings no right but we sit and do nothing ... Wont even take a chance on love !!!
What is 'Fiat Money' Fiat money is currency that a government has declared to be legal tender, but it is not backed by a physical commodity. The value of fiat money is derived from the relationship between supply and demand rather than the value of the material that the money is made of. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is BASED SOLELY ON FAITH and credit of the economy. http://www.legislation.gov.uk/ukpga/Vict/45-46/61
Putting faith into what its worthless wouldnt you sooner put your faith in love , something that has value ??? Is it worth a try at least ???
If I said we can fix everything that is truly wrong in this world with love would you beleive me ??? We think we know love we know nothing love isnt a thought its a feeling that ignites our souls that feeling we get when we are with friends and family enjoying life thats the feeling not the thought... If its as simple as just living for today why cant we do it ??? i again look back to 60`s i also see the govermental programs which went into full swing around that time https://www.intelligence.senate.gov/…/hearings/95mkultra.pdf http://conspiracy.wikia.com/wiki/Monarch_Project https://en.wikipedia.org/wiki/Jason_Bourne_(film)
So conspiracy you say ??? is that not just another label , a label set up to keep you from the truth ??? where did these ideas come from ??? likewise The Matrix And even the film Conspiracy Theory ??? Its always conspiracy until we expose them !!!
So am i sure there are forces at play that we dont understand ??? Is there really magic in us ??? Dont you know about the watchtowers ??? https://en.wikipedia.org/wiki/Watchtower_(magic) ... John Dee knew https://en.wikipedia.org/wiki/John_Dee !!! John Dee told us that there exist multipule dimensions your own goverments see the value look at the latest tech and why would they be comunicating with different dimensions if they dont exists ??? http://www.dailymail.co.uk/…/Entering-103rd-dimension-Scien… lead-ultrafast-computers-means-Schr-dingers-famous-cat-actually-alive-dead-101-states.html
This is occult magic not the devine type the magic which has evil at its heart !!! So what did John Dee and the mastermind behind the USA have to do with each other ??? did they set up the first grand lodge ??? https://uk.video.search.yahoo.com/search/video… invalid#id=2&vid=2b8b7dbd2390d79dc01dc803dbc81cd2&action=view
What was it JFK said ??? https://wakeup-world.com/…/20/jfks-speech-on-secret-societ…/ Did he know ??? did they kill him because he knew ???
Have you figured it out yet ??? They use there forces against us mainly because we forgot !!! Want you magic ??? its the music !!!
Let me try to explain !!! if you havent heard of Nikola Tesla it may be hard to make sense of it so heres a bit about tesla http://awakeningtimes.com/3-6-9-a-key-to-the-universe/ !!! Learn about Tesla and see the magnificence of the 3,6 and 9 look at the number 3 throughout history !!! like films ??? whats hunger games all about then ??? how many fingers do they hold up in honor of Rue how many times do they whistle ??? 3 its a divine number !!! now look at all the good music and see if you can find the 3`s ??? heres one example http://www.metrolyrics.com/freedom-lyrics-george-michael.ht… look how many songs have been sung about FREEDOM, GOD, GRACE ??? Is some devine nature trying to help ??? once you see it you cant forget !!!
So how do they control us ??? Fear thats how always FEAR !!! I remember 9/11 i saw the "control" gained with there new so called laws while we all sat in shock and terror they made their moves !!! Do you know what terror is ???
The Definition : ter·ror /ˈterə noun noun: terror, plural noun: terrors 1. extreme fear: "people fled in terror" synonyms: extreme fear, dread, horror, fear and trembling, fright, ... more ▪ the use of terror to intimidate people, especially for political reasons; terrorism: "weapons of terror" ▪ A PERSON OR THING that causes extreme fear: "his unyielding scowl became the terror of the Chicago mob" ▪ the period of the French Revolution between mid 1793 and July 1794 when the ruling Jacobin faction, dominated by Robespierre, ruthlessly executed anyone considered a threat to their regime. 2. a person, especially a child, who causes trouble or annoyance: informal "placid and obedient in their parents' presence, but holy terrors when left alone" synonyms: rascal, rogue, rapscallion, devil, imp, ... more
Mainstream Media terrorists THE THING ??? Do they not cause exteme fear ???
Do the occultists thrive on that fear ??? They manipulate the media to cause as much fear as possible keeping you in a constant daze !!!
Remember Manchester ??? Ariana Grande , so what was that about ??? have you looked at her music have you seen the 3`s ???
They are here to help us just like Micheal Jackson was !!! look at his music look at the songs just open your hearts and see !!! Now what happened to MJ ??? you tell me !!!
We are ignorant or at least we have been without doubt there is a connection to these events and this message !!!
The first day we tried to get this message out there were a number of things which happened , one to note is most certainly the mass censorship which saw floods of people effected hers a video of an idependant reporter https://www.youtube.com/watch?v=ySl-C8ZebIo
So ask yourself why would the internet change so dramatically on the day we were trying to get this message out ??? Does someone not want you to see the truth ??? I can say that without doubt there have been forces against us at every turn !!!
Did we learn any of this at school ??? why not ??? is it because its part of the control system ??? what did you truly learn at school ??? were we just told what to say and when we say it right its an A , what happens when you question the narrative ??? i see a baby going to school in fear of not conforming. Let them be who they are let them dance let them enjoy life let them find themselves !!! Dont make them suffer for our mistakes !!! If we love our children then give them a life not a lie !!! Give them the chance to make a difference !!! Remember when you were young ??? were you told that you can do anything ??? The truth is with love in our hearts we can !!! Dont let this system steal our childrens hearts stand up and fight for them !!!
NOW MAKE IT RAIN !!! http://www.y8.com/games/make_it_rain
https://www.youtube.com/watch?v=otZSDIoHfTU
Im sure there is more to come !!! But for now if you took anything from this anything at all , we ask that your simply share it !!!
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Rational Feed

===Highly Recommended Articles:
Superintelligence Risk Project Update II by Jeff Kaufman - Jeff's thoughts and the sources he found most useful. Project is wrapping up in a few day. Topics: Technical Distance to AI. Most plausible scenarios of Superintelligence risk. OpenPhil's notes on how progress was potentially stalled in Cryonics and Nanotech.
Superintelligence Risk Project Update by Jeff Kaufman - Links to the three most informative readings on AI risk. Details on the large number of people Jeff has talked to. Three fundamental points of view on AI-Safety. Three Fundamental points of disagreement. An update on the original questions Jeff was trying to answer.
Podcast The World Needs Ai Researchers Heres How To Become One by 80,000 Hours - "OpenAI’s latest plans and research progress. Concrete Papers in AI Safety, which outlines five specific ways machine learning algorithms can act in dangerous ways their designers don’t intend - something OpenAI has to work to avoid. How listeners can best go about pursuing a career in machine learning and AI development themselves."
Radical Book Club The Decentralized Left by davidzhines (Status 451) - The nature of leftwing organizing and what righties can learn from it. An exposition of multiple books on radical left organization building. Major themes are "doing the work" and "decentralized leadership".
Study Of The Week To Remediate Or Not To Remediate by Freddie deBoer - Should low math proficiency students take remedial algebra or credit bearing statistics. The City University of New York ran an actual randomized study to test this. The study had pretty good controls. For example students were randomly assigned to three groups, participating professors taught one section of each group.
Kenneth Arrow On The Welfare Economics Of Medical Care A Critical Assessment by Artir (Nintil) - "Kenneth Arrow wrote a paper in 1963, Uncertainty and the Welfare Economics of Medical Care. This paper tends to appear in debates regarding whether healthcare can be left to the market (like bread), or if it should feature heavy state involvement. Here I explain what the paper says, and to what extent it is true."
Becoming Stronger Together by b4yes (lesswrong) - "About a year ago, a secret rationalist group was founded. This is a report of what the group did during that year."
The Destruction Of American Cuisine by Small Truths - America used to have a tremendous number of regional cuisines, most are dead. They were killed by supermarkets and frozen food. This has been costly both in terms of culture and health (antibiotic resistance, crop monoculture risk)
===Scott:
Targeting Meritocracy by Scott Alexander - Education and merit are different. Programming is one of the last meritocracies, this lets disadvantaged people get into the field. If a job is high impact we want to hire on merit. The original, literal meaning of meritocracy is important.
Classified Thread 2 Best In Classified by Scott Alexander - Scott is promoting a project to accelerate the trend of rationalists living near each other. There are four houses available for rent near Ward Street in Berkeley. Ward street is currently the rationalist hub in the Bay. Commenters can advertise other projects and services.
Url Of Sandwich by Scott Alexander - Standard links post, somewhat longer than usual.
Opec Thread by Scott Alexander - Bi-weekly open thread. Update on Scott and Katja's travels. Salt Lake City Meetup highlight. Topher Brennan is running for Senate.
Can We Link Perception And Cognition by Scott Alexander - SSC survey optical illusions. "So there seems to be a picture where high rates of perceptual ambiguity are linked to being weirder and (sometimes, in a very weak statistical way) lower-functioning." Speculation about fundamental connections between perception and cognitive style. Ideas for further research.
Change Minds Or Drive Turnout by Scott Alexander - Extreme candidates lower turnout among their own party. Is base turnout really the only thing that matters? Lots of quotes from studies.
===Rationalist:
Learning From Past Experiences by mindlevelup - "This is about finding ways to quickly learn from past experiences to inform future actions. We briefly touch upon different learning models." Model-based and Model-Free reinforcement learning. Practical advice and examples.
How Long Has Civilization Been Going by Elo (BearLamp) - Human agricultural society is only 342-1000 generations old. "Or when you are 24 years old you have lived one day for every year humans have had written records." Human civilization is only a few hundred lifetimes old.
Choices Are Bad by Zvi Moshowitz - Choices reduce perceived value. Choices require time and energy. Making someone choose is imposing a real cost.
Erisology Of Self And Will: The Gulf by Everything Studies - "Part 4 will discuss some scientific disciplines with bearing on the self, and how their results are interpreted differently by the traditional paradigm vs. the scientific."
Philosophy Vs Duck Tests by Robin Hanson - Focusing on deep structure vs adding up weak cues. If it looks like an x... More discussion of whether most people will consider ems people and/or conscious.
Knowing How To Define by AellaGirl - "These are three ways in which a word can be ‘defined’ – the role it plays in the world around it (the up-definition), synonyms (lateral-definition), and the parts which construct the thing (down-definition)." Applications to morality and free-will.
Change Is Bad by Zvi Moshowitz - "Change space, like mind space, is deep and wide. Friendly change space isn’t quite to change space what friendly mind space is to mind space, but before you apply any filters of common sense, it’s remarkably close." A long list of conditions that mean change has lower expected value. Why we still need to make changes. Keep your eyes open.
Meditation Insights Suffering And Pleasure Are Intrinsically Bound Together by Kaj Sotala - The concrete goal of meditation is to train your peripheral awareness. Much suffering comes from false promises of pleasure. Procrastinating to play a videogame won't actually make you feel better. Temptation losses its power once you truly see the temptations for what they truly are.
Be My Neighbor by Katja Grace - Katja lives in a rationalist house on ward street in Berkeley and its great. The next step up is a rationalist neighborhood. Katja is promoting the same four houses as Scott. Be her neighbor?
What Value Subagents by G Gordan (Map and Territory) - Splitting the mind into subagents is a common rationalist model (links to Alicorn, Briene Yudkowsky, etc). However the author preferred model is a single process with inconsistent preferences. Freud. System 1 and System 2. The rider and the Elephant become one. Subagents as masks. Subagents as epicycles.
The Order Of The Soul by Ben Hoffman (Compass Rose) - The philosophy of accepting things vs the impulse to reshape them. Many philosophical and psychological models split the soul into three. Internalized authority vs seeing the deep structure of moral reality. In some sense math is the easiest thing in the world to learn. School poisons the enjoyment of rational thought. Lockhart's lament. Feynman. Eichmann and thinking structurally.
Aliens Merely Sleeping by Tyler Cowen - The universe is currently too hot for artificial life to be productive. Advanced civilizations might be freezing themselves until the universe cools. "They could achieve up to 1030 times more than if done today" [short]
Book Reviews by Torello (lesswrong) - Rationalist Adjacent. Each book has an interesting 'ideas per page' rating. Homo Deus, Sapiens, Super-intelligence, Surfaces and Essences, What Technology Wants, Inside Jokes, A Skeptic's Guide to the Mind.
Geometers Scribes Structure Intelligence by Ben Hoffman (Compass Rose) - "How does spatial reasoning lead to formal, logical reasoning?" Fluid and crystalized intelligence. Some history of Philosophy. How social dynamics lead to the evolution of reasoning. Talmudic and Western law, and their oddities. Universal Grammar and connecting with the divine. FizzBuzz.
High Dimensional Societies by Robin Hanson - In high dimensional space the distance between points varies less. What implications does this have for 'spatial' social science models (ex analogues of 1D spectrums and 2D graphs).
Feelings In The Map by Elo (BearLamp) - Confusion is not a property of the external world. The same holds for many emotions. Non-violent communication and speaking from your own perspective.
Lesswrong Is Not About Forum Software by enye-word (lesswrong) - The best way to increase activity on lesswrong is to get back the top posters, especially Scott and Eliezer.
Explication by mindlevelup - "This essay is about explication, the notion of making things specific. I give some examples involving Next Actions and systematization. This might also just be obvious to many people. Part of it is also a rehash of Act Into Uncertainty. Ultimately, explication is about changing yourself."
Concrete Instructions by Elo (BearLamp) - "The objective test of whether the description is concrete is whether the description can be followed by an anonymous person to produce the same experience." Some examples including the 'paper folding game'.
Human Seems Low Dimensional by Robin Hanson - 'Humanness' seems to be a one dimensional variable. Hence people are likely to consider ems conscious and worthy of decent treatment since ems are human-like on many important factors. Some discussion of a study where people rated how human-like various entities were.
Erisology Of Self And Will: A Natural Offering by Everything Studies - A description of naturalism and it relation to science. Daniel Dennet. Many philosophers are still dualists about the self. The self as a composite. Freedom as emergent.
The Hungry Brain by Bayesian Investor - A short review that focuses on the basics of Guynet's ideas and meta-discussion of why Guynet included so much neuroscience. "Guyenet provides fairly convincing evidence that it’s simple to achieve a healthy weight while feeling full. (E.g. the 20 potatoes a day diet)."
Boost From The Best by Robin Hanson - [Age of Em] How many standard deviations above the mean will be the best em be? How much better will they be than the second best em? How much of a wage/leisure premium will the best em receive.
Becoming Stronger Together by b4yes (lesswrong) - "About a year ago, a secret rationalist group was founded. This is a report of what the group did during that year."
In Praise Of Fake Frameworks by Valentine (lesswrong) - "I use a lot of fake frameworks — that is, ways of seeing the world that are probably or obviously wrong in some important way. I think this is an important skill. There are obvious pitfalls, but I think the advantages are more than worth it. In fact, I think the "pitfalls" can even sometimes be epistemically useful."
Letter To Future Layperson by Sailor Vulcan (BYS) - A letter from someone in our age to someone post singularity. Description of the hardships and terrors of pre-singularity life. Emotional and poetic. ~5K words.
===AI:
Conversation With An Ai Researcher by Jeff Kaufman - The anonymous researcher thinks AI progress is almost entirely driven by hardware and data. Back propagation has existed for a long time. Go would have taken at least 10 more years if go-aI work had remained constrained by academic budgets.
Openai Baselines PPO by Open Ai - "We’re releasing a new class of reinforcement learning algorithms, Proximal Policy Optimization (PPO), which perform comparably or better than state-of-the-art approaches while being much simpler to implement and tune. PPO has become the default reinforcement learning algorithm at OpenAI because of its ease of use and good performance."
Superintelligence Risk Project Update II by Jeff Kaufman - Jeff's thoughts and the sources he found most useful. Project is wrapping up in a few day. Topics: Technical Distance to AI. Most plausible scenarios of Superintelligence risk. OpenPhil's notes on how progress was potentially stalled in Cryonics and Nanotech.
Real Debate Robots Education by Tyler Cowen - Robots are already becoming part of the classroom. K-12 is an artificially creation anyway. Robots can help autistic or disabled children. Children sometimes trust robots too much.
Robust Adversarial Inputs by Open Ai - "We’ve created images that reliably fool neural network classifiers when viewed from varied scales and perspectives. This challenges a claim from last week that self-driving cars would be hard to trick maliciously since they capture images from multiple scales, angles, perspectives, and the like."
What Is Overfitting Exactly by Andrew Gelman - "If your model is correct, “overfitting” is impossible. In its usual form, “overfitting” comes from using too weak of a prior distribution."
Conversation With Bryce Wiedenbeck by Jeff Kaufman - "AGI is possible, it could be a serious problem, but we can't productively work on it now." AGI will look very different from current technologies. Utility functions are a poor model of human behavior.
Examples Of Superintelligence Risk by Jeff Kaufman - A series of extended quotes describing ways AI with innocent seeming goals can destroy the world. Authors: Nick Bostrom, Eliezer (and collaborators), Luke M, 80K hours, Tim Urban. Jeff finds them unpersuasive and asks for better ones. Lots of interesting comments. Eleizer himself comments describing how 'paperclip maximizers' might realistically occur.
Superintelligence Risk Project Update by Jeff Kaufman - Links to the three most informative readings on AI risk. Details on the large number of people Jeff has talked to. Three fundamental points of view on AI-Safety. Three Fundamental points of disagreement. An update on the original questions Jeff was trying to answer.
Conversation With Michael Littman by Jeff Kaufman - CS Professor at Brown's opinions: Deep Learning is surprisingly brittle in his experience. General Intelligence will require large fundamental advances. The AI risk community isn't testing their ideas so they probably aren't making real progress.
===EA:
EAGX Relaunch by Roxanne_Heston (EA forum) - The EA global satellite EAGA-X conferences have been low activity. Changes: More funding and flexibility. Standardized formats. Fewer groups approved. Stipends to primary organizers.
Uncertainty Smoothes Out Differences In Impact by The Foundational Research Institute - Many inside view evaluations conclude that one intervention is orders of magnitude more effective than another. Uncertainty significantly reduces these ratios.
Autonomy: A Search For A Measure Will Pearson (EA forum) - "I shall introduce a relatively formal measure of autonomy, based on the intuition that it is the ability to do things by yourself with what you have. The measure introduced allows you to move from less to more autonomy, without being black and white about it. Then I shall talk about how increasing autonomy fits in with the values of movements such as poverty reduction, ai risk reduction and the reduction of suffering."
Eight media articles on GiveDirectly, Cash Transers and Basic Income.- A world where 8 men own as much wealth as 3.6 billion people by GiveDirectly -
More Giving Vs Doing by Jeff Kaufman - EA is moving far more money than it used to and the ramp up will continue. This means direct work has become relatively more valuable. Nonetheless giving money is still useful, capacity isn't being filled. Jeff plans on earning to give based on his personal constraints.
Why I Think The Foundational Research Institute by Mike Johnson (EA forum) - A description of the FRI. Good things about FRI. FRI's research framework and why the author is worried. Eight long objections. TLDR: "functionalism ("consciousness is the sum-total of the functional properties of our brains") sounds a lot better than it actually turns out to be in practice. In particular, functionalism makes it impossible to define ethics & suffering in a way that can mediate disagreements."
Tranquilism by The Foundational Research Institute - A paper arguing that reducing suffering is more important than promoting happiness. Axiology. Non-consciousness. Common Objections. Conclusion.
An Argument For Why The Future May Be Good by Ben West (EA forum) - Factory farming shows that humans are deeply cruel. Technology enabled this cruelty, perhaps the future will be even darker. Counterargument: Humans are lazy, not evil. Humans as a group will spend at least small amounts altruistically. In the future the cost of reducing suffering will go down low enough that suffering will be rare or non-existent.
Arguments Moral Advocacy by The Foundational Research Institute - "What does moral advocacy look like in practice? Which values should we spread, and how? How effective is moral advocacy compared to other interventions such as directly influencing new technologies? What are the most important arguments for and against focusing on moral advocacy?"
An Argument For Broad And Inclusive by Kaj Sotala (EA forum) - "I argue for a very broad, inclusive EA, based on the premise that the culture of a region is more important than any specific group within that region... As a concrete strategy, I propose a division into low-level and high-level EA"
Not Everybody wants a Goat by GiveDirectly - Eight links on GiveDirectly, Cash Transfers, Effective Altruism and Basic Income.
Mid Year Update by The GiveWell Blog - Encouraging more charities to apply. More research of potential interventions. Short operations recap. GiveWell is focusing more on outreach.
===Politics and Economics:
College Tuition by Tom Bartleby - Sticker prices for college have gone up 15K in twenty years, but the average actual cost has only gone up 2.5K. High prices are almost compensated by high aid. Advantage: more equitable access to education. Disadvantages: Not everyone knows about the aid, financial aid is large enough it can seriously distort family financial decisions.
War Of Wages Part 1 Apples And Walmarts by Jacob Falkovich (Put A Number On It!) - The Author thinks minimum wage hurts the poor. Walmart can't afford higher wages. Copenhagan Interpretation of Ethics: Walmart helps the poor and gets blamed, Apple does nothing for the poor but avoids blame.
Links 10 by Artir (Nintil) - Tons of links. Economics, Psychology, AI, Philosophy, Misc.
Pretend Ask Answer by Ben Hoffman (Compass Rose) - A short dialogue about Patriarchy and the meaning of oppression. Defensive actions are often a response to bad faith from the other side. Its not ok to explicitly say you think your partner is arguing in bad faith.
Cultural Studies Ironically Is Something Of A Colonizer by Freddie deBoer - An origin story for Writing Studies. The fields initial methodological diversity. Cultural studies took over the field, empirical work has been pushed out. Evidence that some cultural studies professors really do believe its fundamentally bigoted to do science and empirical research endangers marginalized students. The field has become insular.
The Dark Arts Examples From The Harris Adams Debate by Stabilizer (lesswrong) - The author accuses Scott Adams of using various dark Arts: Changing the subject, Motte-and-bailey, Euphemisation, Diagnosis, Excusing, Cherry-picking evidence.
Study Of The Week Modest But Real Benefits From Lead Exposure Interventions by Freddie deBoer - Freddie reviews a survey he found via SSC. The study had very good controls. Methodology is explained and key graphs are posted and discussed. Scott and Freddie seem to agree on the facts but have a different opinion on how large to consider the effects.
Descriptive And Prescriptive Standards by Simon Penner (Status 451) - Leadership means winning the Keynesian Beauty Contest. Public opinion doesn't exist as a stable reality. Prescribing public opinion. Dangers of social reform and leaders twisting the facts to promote noble outcomes.
A Taylorism For All Seasons by Lou (sam[]zdat) - "Christopher Lasch – The Culture of Narcissism, part 1/X, current essay being more of an overview." A Masquerade where you must act out the mask you choose.
Mechanism Agnostic Low Plasticity Educational Realism by Freddie deBoer - Freddie's educational philosophy. People sort into persistent academic strata. Educational attainment is heavily determined by factors outside of school's control. The mechanism differences in academic ability is unknown. Social and political implications.
Kin Aesthetics Excommunicate Me From The Church Of Social Justice by Frances Lee - A SJ-insider's critical opinion of SJ. Fear of being impure. Original Sin. Reproducing colonial structures of power and domination within social justice. Everyday Feminism's belittling articles. More humility. Bringing humanity to everyone, even those who have been inhumane.
Study Of The Week To Remediate Or Not To Remediate by Freddie deBoer - Should low math proficiency students take remedial algebra or credit bearing statistics. The City University of New York ran an actual randomized study to test this. The study had pretty good controls. For example students were randomly assigned to three groups, participating professors taught one section of each group.
Should We Build Lots More Housing In San Francisco: Three Reasons People Disagree by Julia Galef - For each of the three reasons Julia describes multiple sub-reasons. More housing might not lower prices much. More housing won't help the poor. NIMBY objections might be legitimate.
Kenneth Arrow On The Welfare Economics Of Medical Care A Critical Assessment by Artir (Nintil) - "Kenneth Arrow wrote a paper in 1963, Uncertainty and the Welfare Economics of Medical Care. This paper tends to appear in debates regarding whether healthcare can be left to the market (like bread), or if it should feature heavy state involvement. Here I explain what the paper says, and to what extent it is true."
Thoughts On Doxxing by Ozy (Thing of Things) - CNN found the identity of the guy who made the video of Trump beating up CNN. They implied they would dox him if he continued being racist. Is doxxing him ok? What about doxxing someone who runs jailbait? Ozy discusses the practical effect of doxxing and unleashing hate mobs.
On The Seattle Minimum Wage Study Part 2 by Zvi Moshowitz - Several relevant links are included. Seattle's economic boom and worker composition changes are important factors. Zvi dives deep into the numbers and tries to resolve an apparent contradiction.
Radical Book Club The Decentralized Left by davidzhines (Status 451) - The nature of leftwing organizing and what righties can learn from it. An exposition of multiple books on radical left organization building. Major themes are "doing the work" and "decentralized leadership".
On The Seattle Minimum Wage Study Part 1 by Zvi Moshowitz - The claimed effect sizes are huge. Zvi's priors about the minimum wage. Detailed description of some of the paper's methods and how it handle potential issues. Discussion of the raw data. More to come in part 2.
===Misc:
Childcare II by Jeff Kaufman - A timeline of childcare for Jeff's two children. Methods: Staying at home, Daycare, Au pair, Nanny.
Easier Chess Problem by protokol2020 - How many pieces do you need to capture a black queen?
Book Review Mathematics For Computer Science by richard_reitz (lesswrong) - Why the text should be in the MIRI research guide. Intro. Prereqs. Detailed comparisons to similar texts. Complaints.
Information is Physical by Scott Aaronson - Is information is physical a contentful expression? Why 'physics is information' is tautological. A proposed definition. Double slit experiment. Observation in Quantum Mechanics. Information takes up a minimum amount of space. Entropy. Information has nowhere to go.
Book Review Working Effectively With Legacy Code By Michael C Feathers by Eli Bendersky - To improve code we must refactor, to refactor we have to test, making code testable may take heroic efforts. "The techniques described by the author are as terrible as the code they're up against."
The Ominouslier Roar Of The Bitcoin Wave by Artem and Venkat (ribbonfarm) - A video visualizing and audiolizing the bitcoin blockchain. A related dialogue.
From Monkey Neurons To The Meta Brain by Hal Morris (ribbonfarm) - Neurons that only fire in response to Jennifer Anniston. Mirror Neurons. Theory of Mind. The path from copying movement to human-level empathy. Infant development. Dreams as social simulator. Communicating with our models of other people. He rapidly accelerating and dangerous future. We need to keep our mind open to possibilities.
Newtonism Question by protokol2020 - Balancing Forces. Gravity problem.
Short Interview Writing by Tyler Cowen - Tyler Cowen's writing habits. Many concrete details such as when he writes and what program he uses. Some more general thoughts on writing such as Tyler's surprising answer to which are his favorite books on writing.
Unexpected by protokol2020 - Discussion of gaps between primes. "Say, that you have just sailed across some recordly wide composite lake and you are on a prime island again. What can you expect, how much wider will the next record lake be?"
Interacting With A Long Running Child Process In Python by Eli Bendersky - Using the subprocess module to run an http server. Solutions and analysis of common use cases. Lots of code.
4d Mate Problem by protokol2020 - How many queens do you need to get a checkmate in 4D chess.
The Destruction Of American Cuisine by Small Truths - America used to have a tremendous number of regional cuisines, most are dead. They were killed by supermarkets and frozen food. This has been costly both in terms of culture and health (antibiotic resistance, crop monoculture risk)
===Podcast:
Sally Satel On Organ Donation by EconTalk - "The challenges of increasing the supply of donated organs for transplantation and ways that public policy might increase the supply." Tax Credits. The ethics of donor compensation.
Podcast The World Needs Ai Researchers Heres How To Become One by 80,000 Hours - "OpenAI’s latest plans and research progress. Concrete Papers in AI Safety, which outlines five specific ways machine learning algorithms can act in dangerous ways their designers don’t intend – something OpenAI has to work to avoid. How listeners can best go about pursuing a career in machine learning and AI development themselves."
88 Must We Accept A Nuclear North Korea by Waking Up with Sam Harris - "Mark Bowden and the problem of a nuclear-armed North Korea."
Triggered by Waking Up with Sam Harris - "Sam Harris and Scott Adams debate the character and competence of President Trump."
Conversation Atul Gawande by Tyler Cowen - The marginal value of health care, AI progress in medicine, fear of genetic engineering, whether the checklist method applies to marriage, FDA regulation, surgical regulation, Michael Crichton and Stevie Wonder, wearables, what makes him weep, Knausgaard and Ferrante, why surgeons leave sponges in patients.
Nneka Jones Tapia by The Ezra Klein Show - The first psychologist to run a prison. 30% of inmates have diagnosed mental health problems. Mental heath view of the penal system, balancing punishment and treatment, responsibility versus mental instability, the tension between what we use jail for and what we should use jail for.
Tamar Haspel by EconTalk - "Why technology helps make some foods inexpensive, how animals are treated, the health of the honey bee, and whether eggs from your backyard taste any better than eggs at the grocery."
From Cells To Cities by Waking Up with Sam Harris - "Biological and social systems scale, the significance of fractals, the prospects of radically extending human life, the concept of “emergence” in complex systems, the importance of cities, the necessity for continuous innovation"
Inside The World Of Supertraining: Mark Bell by Tim Feriss - "Mark’s most important lessons for building strength. How to avoid injury and breakdown. Lesser-known training techniques that nearly everyone overlooks. How Mark became a millionaire by offering his gym memberships for free."
Eddie Izzard by The Ezra Klein Show - 27 marathons in 27 days, process for writing jokes, why he wants to run for parliament, inspiration from Al Franken's, borrowing confidence from his future self. What he learned as a street performer, routines are based on history and anthropology, World War I, 'cake or death?'. His gender identity, and how he integrated it into his act early on, etc.
Martha Nussbaum by EconTalk - "The tension between acquiring power and living a life of virtue. Topics discussed include Hamilton's relationship with Aaron Burr, Burr's complicated historical legacy, and the role of the humanities in our lives."
Rs 188 Robert Kurzban On Being Strategically Wrong by Rationally Speaking - Why Everyone (Else) is a Hypocrite." The "modular mind" hypothesis, and how it explains hypocrisy, self-deception, and other seemingly irrational features of human nature.
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Is Bitcoin Starting A Trend Reversal? - This Resistance Must HOLD! Bitcoin and the Bears Bitcoin Will Thrive! You Need To Hear This... This Bitcoin Technical Predicts The Bitcoin Pullback May Be OVER! Is The Worst Over For Bitcoin? Is Now A Time To Buy?

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Is Bitcoin Starting A Trend Reversal? - This Resistance Must HOLD!

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