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Even while sticking to the technical side and avoiding the crypto-evangelist stuff, so many of the examples and applications are about enabling those who already have money and power to acquire more money and power. Am I reading the sequel to snow crash? Christ, where's an iceberg when you need one? I wanna hurl. If these guys are right, it's a prequel. I'm not even kidding, the premise of Snow Crash is that widespread adoption of untraceable electronic currency transfers destroyed governments' ability to collect taxes and led directly to corporate-led neo-feudalism.
This was an interesting read that went places with its focus that I wasn't expecting. And I'm sorry the writer had to live through that, but I'm glad for the result. I've been to long weekend events where I felt really uncomfortable being there but had to be there for one reason or another Just the thought of being stuck anywhere with a bunch of people who adulate "thought leaders" makes me want to go hide in the woods.
What is it with this "thought leader" crap? Pondering this I went looking online for others who might feel the same and came across this essay. I've got some bad news about icebergs posted by The Whelk at AM on December 6, [ favorites ]. I've read it few times over the past couple days and am amazed each time.
Great writing. Her ability to balance the repugnance while still being respectful is truly impressive. I've been meaning to read Bitch Doctrine: Essays for Dissenting Adults since it came out and this clinches it. Cruise ships, lobsters, dystopian futures and men who treat women badly. It's like some kind of David Foster Wallace fever dream. Except that just feeds into cryptocurrency's narrative of self-importance when, as always, it's utterly irrelevant. We're already slipping into corporate neo-feudalism as made plain by things like the disgusting display of cities prostrating themselves before Amazon for a chance at hosting its new HQ.
I imagine the next iteration of this, instead of just tax breaks and other financial goodies, will be cities or states offering some mega-corp some kind of semi-sovereignty and legal immunity to entice them. Forgive me, I fell down an internet hole some months ago and got into the history of chairs. I don't know how the technology works, but I suspect that a sophisticated censorship regime like China's wouldn't be thwarted all that easily.
I've got some bad news about icebergs Perhaps the oceanic garbage patches can perform the same function lolsob. Don't have time to do the whole thing now, but my favorite sentence: The women on this boat are polished and perfect; the men, by contrast, seem strangely cured—not like medicine, but like meat. Can't wait to read this but can we agree that penny is a national treasure? Of every nation. I'm stuck on the pregnancy test. Still, I am at least wearing the fresh socks provided by CoinsBank, the one genuinely useful freebie in this cacophony of sleaze and kitsch.
Fantastic read. This is a man who would be an excellent cult leader if he only had the essential malice and attention span. Pierce sounds like Bash from GLOW, only instead of spending his money on cocaine and women's professional wrestling he's enabling evil libertarian assholes. Laurie Penny is a treasure. I enjoyed reading every word of that, while at the same time shuddering in revulsion.
Stephenson wrote the prequel, too: "The Great Simoleon Caper" , in which the gummint tries to ratfuck the launch of the first cryptocurrency at the Super Bowl, and fails. Plus it contrasts with the message sent by the condom. Or not, who cares. Certainly not us! Forget iceberg, where are the pirates? Imagine holding this ship hostage for a million bitcoins or so. There's a screenplay in here somewhere, someone get me Jerry Bruckheimer on the phone.
Unrelated to blockchain, but I, too, was a lonely intelligent child who knew the special horror, as most lonely intelligent children do, of thinking both very little and too much of themselves at the same time. Holy shit. As performed by the inmates of Charenton under the direction of Jordan Peterson. Virtually everyone involved in crypto believes that it will be a technical solution to social problems.
Unfortunately it's a rather pathetic tool in the face of the age-old technique of spies and informants that kept the people in the USSR in line for so many years and continues to do so in China. Or another example: Silk Road made heavy use of encryption and web anonymizing services. And then it was brought down by arguably a user misconfiguration.
No amount of encryption technology can save you from the fact that everything begins and ends with humans. Considering "a million bitcoins" usually works out to something like "an unbelievable amount of money in theory only Ha Ha the exchange just shut down and the owners have disappeared with your Real Actual Currency", piracy kinda doesn't seem worth the effort.
What if there's a little paperclip that pops up and says, "So it looks like you're trying to launder some money. Can I help? So there's that. But the bitcoins are worthless so you'd have to demand every lupin on board. That's some journalism. The one thing that twinged me: she was charmed by Yannopoulis as well wasn't she? Being charmed by hapless stupid whiteyoungmen is very very far from any mental state I've ever reached, so I'm not finding the portrayal of Brock Pierce that convincing however much fun she had.
To hang out with Bannon and Marc Collins-Rector indicates rather a telling defect in the sense-perceptors, or the consciousness-balancers or what have you. After all the Inquisition only had to show Gallileo the instruments. Well she didn't spend much time with them, so I'm sure they were acting performatively and not showing their true selves.
Also, rising to positions of power within the government requires some level of 'charm', since these guys were 'influencers' and not back room accountants, guards, and whatnot. Also for what it's worth, I had a friend whose brother was arrested as a serious sexual predator, and I spent some time with bro and had no idea.
He had a wife and kid and everything. His own brother had no idea either. It can happen. The first season of a show called Broadchurch got into this a bit. In my opinion, the way around this is to not describe them as 'charming', even if they are, or describe the fun you had at their hippy party because the 'charm' and 'hippy party' is performative and covering for the insidiousness , it's not the main focus.
Yeah, I think a better substitute for 'charming' would be 'disarming. Plus however many months it would take to research how, exactly, to extract that video from the blockchain it's embedded in. And it's a fair bit of bandwidth to download the Ethereum blockchain. Pierce was all of seventeen when he began his professional association with Collins-Rector; it's quite possible that he was groomed as much as any of Collins-Rector's victims.
Working with Steve Bannon, I dunno. I reckon my brilliant plan of getting investors to talk to me by being one of the only girls on a boatful of nerds needs revising. I am not 10 feet tall and 22, but I am a tiny hyperactive white woman with weird hair and poor boundaries, so I revert to an old standby and start serving full manic pixie dream girl. The recent event-stream debacle is the perfect example of this. A burned-out open source maintainer who was maintaining a very popular Javascript package for free accepted help from a kindly internet stranger People are always the weakest point of any system.
Ruining a perfectly good drink That sharp take was from Olga Feldmeier. I don't know much about her, other than a quick Google search reveals the title cryptoqueen. It was a full bottle when they put it in the room but it being a crypto cruise half of it just vanished. Man, I haven't slept in a pile of half-naked hippies since high school. I should get out more. Six months ago I wrote an article that really upset people, an interview with the followers of now-disgraced alt-right spokesman Milo Yiannopoulos.
I conducted in-depth discussions and attempted to understand the motivations of young proto-fascists on the new far right. What I found was that these people are often horrifyingly confused and misguided in a way that only white men ever get to be. The howling insincerity of leaders like Yiannopoulos who will say anything to shore up their personal power is only matched by the zeal of their followers who really mean it.
Many people argued that in conducting those interviews, I normalized the message of neo-fascism. I used a little digital tape recorder and, on my way back, I lost my purse in the airport, including the entire set of interviews. Two full days with Ava.
No one is going to ever return a digital tape recorder you left in Chicago. I basically just called her up and I was so scared to tell her what happened because she had no time — like, she was putting together a movie.
Let's go. And she just kept calling me back. It was a lesson in what to do. Yeah, just admit your mistake. And then, be a human about it and hope the person you're dealing with is a human too. But it was just the kind of kindness that someone can show you, even when they're coming from a position of power and you fd up.
Most recently, Penny has relocated to Los Angeles, flexing her creative side with writing gigs on Carnival Row , The Nevers , and The Haunting , while continuing to write features for Wired. I ended up on a boat for six days with two hundred Eastern European models and a bunch of shady crypto-mobsters. It was politically interesting and existentially horrifying—like the party at the end of the world.
There's no magic trick for dealing with it. I'm still carrying a lot of trauma from the worst years. What's even worse is when that's combined with call outs from your own side—some of which have been legitimate over the years as I've grown up in the corner of the public eye. You can't just shut yourself down to criticism.
You have to find a way to protect yourself emotionally while staying open to change. As far as the trolls go, the best way to win is simply to stay in the game. As a female writer, there's no way you can change yourself to protect yourself from abuse and harassment without disappearing entirely, or destroying your own creativity, which is what they want. They just want you to shut up and slink away—and if you're well-known, they want to make an example of you, so other women and queer people think twice about putting their work out there.
So, the only thing you can do is stand your ground, keep on doing the work, and find some way to have fun along the way. Screenwriting has made me a better journalist, and vice versa—but I'm also enjoying being in an industry where I'm not as well known, where I get to prove myself again, and where I'm paid to make up stories and bring my experience in journalism and activism to the table. Every time I worry that I'm not meant to be here, in Hollywood, I think about how many of those spineless sexist keyboard warriors over the years would be spitting mad that I'm getting to do this amazing job.
That gets me up in the morning. It all starts with a man who loved fish. Or rather — loved discovering them. This might be a book — this quirky, almost dark fairy tale that happens to be true. I really think of every interview as this little hunt where, for an hour or so, it's my job to have my ears pricked, and just notice everything they're throwing out and keep asking and seeing where it leads. Guilt can be really helpful because there's motion behind it. Okay, you feel bad about a thing, so do a thing, like make amends, call the person.
Too much guilt can be bad, but shame is just this stagnant thing that you stew in. Guilt has some fire under it. It makes you move, and shame is just a well with the lid closed. I do feel like if I were to look back at stuff I made, I would just fall into the well of shame. Hate my voice, or hate how I did that. I find more energy from looking forward. I feel like the stories I'm most proud of, there's very little me in them and it's just truly an act of reporting and observation.
I feel a weird shame or guilt about when I put too much of myself in, and yet I also know that those are some of the ones that have really connected with people. And I have to say as a listener, or a reader, I love first-person stuff. I think I'm trying to always use as little of myself as possible, and yet at the same time like I am, technically just barely a millennial, so me putting in a little is probably still a lot for someone of an older generation.
I don't want to use too much. And yet at the same time, I love salty things. I'm actually learning so much. We very much believe we are the s--t, and we act accordingly. Even when the evidence is to the contrary. Which is how I make all my decisions. Well, if you look around the literature, the written and the unwritten things tell you exactly what women want…We have a lot of listeners who are asexual, bisexual, gay, straight, we have all sorts of people and different identities joining in.
And one of the things that Nicole and I talk a lot about and I'm really surprised and gratified by is the number of people who have been survivors of sexual assault or abuse who tell us they listen to the show, and for them, it presents a sort of safe and happy place for them to kind of even consider the idea of intimacy again.
Sometimes she can go several hours without a cup of tea. Follow her adventures on Twitter. Change Makers.
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Are you a Trump man or a decent man? Time to choose. Studies suggest a rise in aggression towards women since the US election. Published: 10 Apr Published: 3 Mar My night out in Cleveland with the worst men on the internet. At the Republican convention, Laurie Penny was invited to a rally led by alt-right provocateur Milo Yiannopolous and an unholy cast of characters united behind Donald Trump — for whom turning raw rage into political currency is just a game.
Published: 26 Jul The Ghostbusters trashing is just another internet tantrum against change. Published: 20 May For all the staggering gains the transgender community has made in recent years, the people making headlines are often those with the most privilege. Published: 25 Jan Dangerous Ideas speakers: Australia's asylum seeker policies are cruel and unacceptable. Published: 2 Sep Blaming technology for self-harm is too easy.
Laurie Penny: So-called cyberbullying is still just bullying, which predates the internet by centuries. Published: 11 Aug From Gin Lane to Magaluf, the press has always shamed women for profit. Laurie Penny: Long before smartphones, stories of sexual humiliation were used to sell papers and to keep women in their place.
Published: 7 Jul Published: 30 Jun Sexists and racists are resorting to online sabotage. But they still won't win. Lola Okolosie and Laurie Penny: Those posing online as feminists and leftists, attempting to provoke infighting, underestimate the strength of our movement. Published: 18 Jun Sorry students, I lied to you. University is about desperation, not aspiration. Laurie Penny: The graduate premium is going down year on year as tuition fees go up: but for today's students that's just the tip of the iceberg.
Published: 21 Apr Those that never took off perhaps because they have never been listed on an exchange. Meanwhile, a solid coin with a large supply like Ripple is a bit more like a blue-chip than a penny stock despite its price-tag. Second off, most cryptocurrencies in general are a bit like penny stocks.
They are like penny stocks in that way, that is in that they are cheap for whatever reason, but they are like them in another way too. In that, you can buy 20 that look good, and while one might make you rich, the rest will likely burn you hard. I only mean to imply that historically there has been a lot of misses and only a handful of big hits per X coins considered.
With penny stocks, the lure is that if the price goes up a buck or two, there is big bank to be made. With penny cryptos, it is the same thing. As, Bitcoin clearly already made its run from. Thing is, the blue-chips are generally a much smarter bet with stocks. Thus, we want to look at the potential of the coin and its market. However, if one is in a new overly hyped alt and gets left holding the bag, especially a no name penny alt, there exists a real possibility no one will ever come along to purchase that bag.
This is how it is with penny stocks. The trade-off of course is, if you pick right, that penny alt could end up going up further and faster than a top coin. People will pump penny cryptos all day long on social media and the news, they will promise you crazy returns. That should give you an idea of what you are dealing with when you buy into a new coin or ICO. Yeah, I mean, it could be good there are instances we could point to.
But you need to be prepared to jump ship or go down with it the other 9 times. With all that said, life is all about taking chances. What makes me nervous is people going long in penny cryptos or stocks with big money, especially when they get all overly optimistic. It is very easy to fall into the trap of getting this sort of confirmation bias where you start fooling yourself into thinking a bad choice was a good one and thus you keep doubling down.
Nothing wrong with taking a chance and then bailing, or taking a chance and holding. However, in penny stocks and cryptos, holding can result in an investment going to literal ZERO. If you are going to go long in crypto, think about the blue-chips.
If you want to gamble a bit, look for penny cryptos with fundamentals, a smart white paper, community support, and a good team. My main investment in crypto is in top alts and BTC.
Feminist writer Laurie Penny joins a Mediterranean blockchain cruise—and finds that the promised crypto utopia feels very far away indeed. Laurie Penny · @PennyRed. Lost at Sea: my report on the absolutely bonkers crypto-cruise is finally out. crptocurrencyupdates.com Laurie Penny spends four days on a boat confronting the archetypal story of "man vs. blockchain.".