Apple CEO Tim Cook had his home blurred from mapping apps after issues with a stalker. [...] The case for blurring? "Having strangers from all over the world stare at your home isn't necessarily something you want to happen -- but it can be done in seconds on the mapping apps we all carry around on our phones." ("Stop people from peering at your place," suggests the article's subtitle.)"
Hate to break it to Mr. Cook. But if his home is visible to the public and a stalker knows his address, said stalker can just hire someone to take pictures of the house and email them back. And the stalker can then stare at those pictures as much as he wants, no matter how much Google et al blur the online pics.
They're trying to spin this as a right to privacy issue when it's not. If you don't want your house to be visible to the public, build a bigger wall in front of your house. Don't mess with new technologies which have revolutionized travel. If I'm asking a bunch of people to get together at a location many of them have never been to, I can send them a street view link so they'll know what it looks like when they get there. If I'm driving a long truck or a trailer and want to make sure I can get into and out of a location, I can check online without having to waste time and fuel going there to find out. Your right to privacy does not override the public's right to see things that are visible from public locations.
Only it's bullshit. What it is is tax evasion
That was my conclusion too. A Ponzi scheme is zero-sum - the money gained by the fraudster equals the money lost by the victims. Currencies are only zero-sum if they do not enable transactions which previously were not able to happen. That's why money is so great. Before money, if you needed milk and had eggs to trade, you could only get milk if you found someone who needed eggs and had milk to trade, or were able to put together a multi-person trade (e.g. your milk for someone's chickens for someone's flour for someone's eggs). If you couldn't find an appropriate trade, you couldn't get your milk or trade your eggs, even though lots of other people might be trading milk or seeking eggs. Money enabled lots of transactions to occur which previously wouldn't happen in a barter economy.
Cryptocurrencies (in their current form) do enable new transactions, so they're not zero-sum and thus not a Ponzi scheme. Unfortunately, the new transactions they enable are overwhelmingly illegal ones. Things that society deemed as harmful overall (narcotics, tax evasion, blackmail, human trafficking, etc), so have banned, and enforce that ban by making it harder to conduct financial transactions around them. Cryptocurrencies bypass all those financial bans. So yeah money is flooding into them because they enable all these illegal activities. But their net effect on the economy is negative. The value lost by the victims of these activities exceeds the value gained by the perpetrator. Like how a burglar who steals a $500 TV costs you more than $500 because of incidental damage and you having to invest more time into shopping for and setting up a new TV.
In that respect, they're worse than a Ponzi scheme.
They are relatively good but absolutely terrible. -- Alan Kay, commenting on Apollos