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Comment It is a new ecconomic model (Score 1, Insightful) 709

It's a relatively new currency using a new model that takes free market ideas to a new extreme; there is no central authority to ease the peaks and troughs - and no long term consequences as a result. It is going to be bumpy to start with. If it is still all over the place in ten years (assuming it lasts that long) then I will consider it a failure. Meanwhile it is for speculators to have fun with. Kids these days are so impatient.

Comment Re:Real scifi isn't about predicting the future (Score 1) 258

"Alas, having the machines do all the work liberates the working man to abject poverty and crime or starvation. Economies function on scarcity, and if you don't have natural scarcity, you invent artificial scarcity." The economic system is something that almost has to change for many other changes to happen. There is no reason why it won't. The free market isn't a god, just a system that has worked well for a long time, but it is in need of a a major overhaul as the globe connects up, resources deplete, jobs dry up and computer automation make the stock market a joke.
Image

Why You Never Ask the Designers For a Favor 238

Usually there is nothing funny about a missing pet, but the tale of Missy the lost cat is hilarious. It serves as an example of just how clueless your fellow employees can be, and why you should never ask the designers to drop what they're doing, and help with a personal matter.

Comment Re:Oh really? (Score 1) 274

I recognize what raw human desire, greed and ambition can drive people to do -- anything.

Human psychology is much more complex than that. The reason it tends towards this at the moment is very much a part of the environment of the social structure we find ourselves in. For example, if you look at many tribal systems, you find that people tend to be much more co-operative, with a gift economy being the main means of exchange of value.

Space

Black Hole Emits a 1,000-Light-Year-Wide Gas Bubble 145

PhrostyMcByte writes "12 million light-years away, in the outer spiral of galaxy NGC 7793, a bubble of hot gas approximately 1,000 light-years in diameter can be found shooting out of a black hole — one of the most powerful jets of energy ever seen. (Abstract available at Nature.) The bubble has been growing for approximately 200,000 years, and is expanding at around 1,000,000 kilometers per hour."

Comment challenging the fabric of a meritocratic society (Score 1) 390

The free distribution of information on the internet is challenging the fabric of a meritocratic society. This is why the copyright question is so difficult to answer. The judge makes perfect sense from a meritocratic perspective, but do we want that? I would prefer we moved towards a new set of values (probably peer based anarchism), but this would ultimately involve overhauling our entire politico economic system, pretty much in the same way that the renaissance and scientific enlightenment moved us from an autocratic/monarchist system to the meritocratic one we have today.

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