Crypto Currency

‘Mirror Worlds’ Creator Wants to Displace Facebook—With Blockchain

Gregory Barber covers cryptocurrency, blockchain, and artificial intelligence for WIRED.On Thursday, Gelernter published a post on Medium declaring his grievances against our favorite social media overlord, Facebook. He’s directing his ire into a new company called Revolution Populi, a social network that emphasizes individual data ownership and democratic rule by its users. Hence the patriotic…

Gregory Barber covers cryptocurrency, blockchain, and artificial intelligence for WIRED.

On Thursday, Gelernter published a post on Medium declaring his grievances against our favorite social media overlord, Facebook. He’s directing his ire into a new company called Revolution Populi, a social network that emphasizes individual data ownership and democratic rule by its users. Hence the patriotic timing. “For me, this is an opportunity to take some action on a public issue that I think is really important,” he tells me. “Who owns the cyber landscape? Do we all own it, or do five incredibly rich people in California?” Gelernter’s message to those of us living under Facebook’s imperial rule is “Join or die.”

For now, though, Revolution Populi exists as four men each with the title cofounder—a former Goldman Sachs vice president, a doctor-entrepreneur, and a PR executive, plus Gelernter—and a rather tempestuous whitepaper. Technical details are … scant. So scant that, after much pondering, it’s difficult to piece together exactly what Gelernter, who holds the title “chief visionary officer,” is proposing. Other than to say that yes, it will be “on the blockchain.”

Gelernter has built a reputation for being ahead of the technological curve, starting with his work in parallel computing and data mining, and later as a pioneer of the social web. In a 1997 profile in WIRED, he described a vision for 21st-century computer science that would center on human interaction. It would be as dependent on design and social science, Gelernter said, as any technical improvements.

His project at the time (along with PhD student Eric Freeman) was a social network called Lifestream. It took the form of a digital timeline of life’s totality—a perpetual stream of documents and messages that could be arranged, sorted, and shared with others. Lifestream was popular among colleagues in his Yale department, Gelernter says, but attempts to commercialize the technology sputtered. A godfather of modern social networks watched from afar as Silicon Valley upstarts grew into giants. “I’ve been on the sid

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Crypto Currency

Is the AI bubble about to burst? | Henrik Zeberg

We are living through what may be the largest economic bubble in history, spanning AI, cryptocurrency and tech company stocks, says financial analyst Henrik Zeberg. He explores why the current AI-crypto bubble mirrors the great economic frenzies of the past, revealing the psychological forces behind them — and why it looks like we’re repeating the

We are living through what may be the largest economic bubble in history, spanning AI, cryptocurrency and tech company stocks, says financial analyst Henrik Zeberg. He explores why the current AI-crypto bubble mirrors the great economic frenzies of the past, revealing the psychological forces behind them — and why it looks like we’re repeating the same patterns again…
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Crypto Currency

Bitcoin’s Pullback Tests Institutional Adoption Narrative as Pompliano Stays Bullish

Bitcoin Magazine Bitcoin’s Pullback Tests Institutional Adoption Narrative as Pompliano Stays Bullish Bitcoin’s recent pullback is testing the institutional-adoption thesis, but Anthony Pompliano argues the decline reflects normal capital rotation and Bitcoin’s maturation into a mainstream financial asset. This post Bitcoin’s Pullback Tests Institutional Adoption Narrative as Pompliano Stays Bullish first appeared on Bitcoin Magazine

Bitcoin Magazine

Bitcoin’s Pullback Tests Institutional Adoption Narrative as Pompliano Stays Bullish
Bitcoin’s recent pullback is testing the institutional-adoption thesis, but Anthony Pompliano argues the decline reflects normal capital rotation and Bitcoin’s maturation into a mainstream financial asset.
This post Bitcoin’s Pullback Tests Institutional Adoption Narrative as Pompliano Stays Bullish first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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Crypto Currency

Bitcoin Price Plunges Below ‘Fire Sale’ Territory as Fear Index Reads 12 — Echoing the FTX Crash

Bitcoin Magazine Bitcoin Price Plunges Below ‘Fire Sale’ Territory as Fear Index Reads 12 — Echoing the FTX Crash Bitcoin price plunged below the Bitcoin Rainbow Chart’s lowest “Basically a Fire Sale!” band for only the second time since the FTX collapse, while the Fear and Greed Index sank to 12…

Bitcoin Magazine

Bitcoin Price Plunges Below ‘Fire Sale’ Territory as Fear Index Reads 12 — Echoing the FTX Crash
Bitcoin price plunged below the Bitcoin Rainbow Chart’s lowest “Basically a Fire Sale!” band for only the second time since the FTX collapse, while the Fear and Greed Index sank to 12…
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Crypto Currency

Schwab Strategist: Bitcoin’s $60,000 Mining Cost Could Mark the Cycle Bottom

Bitcoin Magazine Schwab Strategist: Bitcoin’s $60,000 Mining Cost Could Mark the Cycle Bottom Bitcoin’s recent crash may have found a durable bottom near $60,000 because that level roughly matches the production cost of the most efficient miners, creating an energy-based floor. This post Schwab Strategist: Bitcoin’s $60,000 Mining Cost Could Mark the Cycle Bottom first

Bitcoin Magazine

Schwab Strategist: Bitcoin’s $60,000 Mining Cost Could Mark the Cycle Bottom
Bitcoin’s recent crash may have found a durable bottom near $60,000 because that level roughly matches the production cost of the most efficient miners, creating an energy-based floor.
This post Schwab Strategist: Bitcoin’s $60,000 Mining Cost Could Mark the Cycle Bottom first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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