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Comment configuring switches, cables, and plugboards (Score 1) 87

Programming used to be a very different experience from the one we know today. In fact, the first programmers didn't write code at all; the six women who worked on the ENIAC, one of the world's first computers, at the University of Pennsylvania in 1946 did it by physically configuring switches, cables, and plugboards.

I am pretty sure there is a vim plugin for that!

Comment This is not about crypto (Score 2) 21

I can already, completely above-board, sell someone a block of DRS'd IBM shares for crypto if I want to. Let's all be clear this isn't about denominating stocks in Bitcoin.

Rather, this is effectively about recording stock transactions on a blockchain. Nothing more and nothing less than swapping a distributed transaction log for a traditional ledger.

The implication is clear, the SEC is at least considering the idea of creating shares as a token cryptocurrency. In this case, the tokens are backed by real shares. That's not a technical requirement, though, and a future company might someday skip the major exchanges entirely to list only as a token. To be clear, there's nothing sacred about the exchanges and their "house rules"; there's nothing inherently wrong with using a blockchain vs a ledger; and to reiterate, this has nothing to do with "buying stocks with Bitcoin".

On that last point, I consider OKXICE's decision to accept payment in some nondescript "stablecoins" as extremely unfortunate. Not because I'm a cryptophobe, but because it muddies the waters as to the viability of the core concept of tokenized equity itself - Though that's a bit of a tautology, given stocks are already "tokenized equity". Whether we denominate them in USD or BTC or cowrie shells is an entirely separate issue.

Comment Re:No jobs (Score 1) 65

Not sure about the assembly of small electronics. It looks like that's still a fairly hands-on, manual process.

One of the barriers to automating the assembly of commodity microelectronics is that the revisions iterate fairly quickly. It's difficult to build an automated assembly line that can handle those changes. It usually just ends up being easier to have a person do that assembly work if the product is going to change in a few months and it would take a couple of months to retool for the change.

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