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Monthly Archives: December 2016
Bitcoin Gains 1 Million New Wallets Every Quarter …
Posted: December 19, 2016 at 5:50 pm
Bitcoin outperformed every other reserve currency in 2016 by large margins. An increasing number of investors, traders and businesses have begun to recognize bitcoin as the worlds global currency, depending on bitcoin to protect their wealth from tightening regulations and the governments excessive control over money. This surge in demand for bitcoin led to its increased global acceptance, with 1.1 million new wallets being created every quarter.
2016 so far has been the year of capital controls, war on cash, restriction of assets and decline of gold, which most investors and traders believed to be the global safe haven asset for decades. Amongst rapidly devaluing currencies and assets, bitcoin continuously demonstrated a strong performance in terms of adoption and market value, recording a consistent growth of over 1.1 million new wallets each three months since earlier this year.
Also read: Why Jim Harper Is Dead Wrong on Bitcoin
Bloomberg recently revealed that bitcoin has seen a consistent growth in user base over the past two years. In 2016, the total number of bitcoin wallets on blockchain.info alone grew from 5.3 million to 11 million, adding 5.7 million new bitcoin wallets since January of this year.
Apart from blockchain.info, the most popular bitcoin wallet service provider today, other popular bitcoin wallet platforms have also reached significant milestones, with Coinbase reaching 5 million users in year-to-date.
The rapid increase in global awareness and adoption of bitcoin can be directly attributable to the market instability and economic struggle of most countries including India, China and the US amongst others. Particularly, two of the largest gold importers India and China have begun to ban gold importation and seize the precious metal at borders and airports while some countries have imposed serious capital controls to crackdown on criminal usage of cash and outflow of money.
As a result, Genesis Mining co-founder and CFO Marco Krohn told Bloomberg that he firmly believes the price of bitcoin will increase by 100% next year, as the user base of the digital currency continues to grow and the demand for bitcoin remains high in regions with heavy capital controls.
My personal expectation is that bitcoin will at least gain another 100 percent, said Krohn.
Security and bitcoin expert Andreas Antonopoulos also criticized the idea of governments solidifying their stance on restricting cash, describing cashless society as totalitarian society.
If more individuals, investors, businesses and traders continue to develop awareness towards excessive control of government on cash and assets, the demand for decentralized currencies like bitcoin will rise even further, expanding the global user base.
CNBC and many other mainstream media outlets criticized the slow growth of bitcoins userbase in 2015, stating that bitcoin would only have 5 million active users by 2019. Some consultants and analysts including Windsor Holden noted that bitcoin will not be able to hold up with the competition within the financial industry.
To my mind there are far more pressing needs for the retailers, there are so many other payment options emerging, saidHolden, head of forecasting and consultancy at Juniper.
More importantly, the study released by Juniper called The Future of Blockchain, which received mainstream media coverage, failed to predict the growth of bitcoin essentially by concluding that bitcoin would remain as a niche marketplace.
Holden, like other analysts, emphasized that payment networks from tech giants like Apple and Samsung would ultimately surpass the growth of bitcoin by appealing to the general population.
However, similar to most mainstream media predictions and analysis from research firms, this has proven to be false. Bitcoin has seen the registration of over 6 million new wallets in 2016 alone and as market instability worsens in 2017, bitcoin could wellexperience an explosive growth.
What do you think the growth of bitcoins userbase? Ready to bet? Let us know in the comments below.
Images via Shutterstock
How much do you want to know? Bitcoin.com has live data feeds with the latest world price indexes and trends (in three currencies) plus statistics on all the interesting facets of the bitcoin network.
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Bitcoins Rally Crushed Every Other Currency in 2016. Heres …
Posted: December 17, 2016 at 12:44 am
Bitcoin, that nebulous digital currency that trades in cyberspace and is mined by code-cracking computers, emerged as a better bet this year than every major foreign-exchange trade, stock index and commodity contract.
The electronic coin that trades and is regulated like oil and gold surged 79 percent since the start of 2016 to $778, its highest level since early 2014, data compiled by Bloomberg shows. Thats four times the gains posted by Russias ruble and Brazils real, the worlds top two hard currencies.
After its 2008 creation, enthusiasts hailed bitcoin as the next big thingin foreign exchange markets and an obvious monetary evolution in an increasingly digital world. But by 2014, its value tumbled 58 percent as governments cracked down on its use and a major exchange lost account-holders funds.
There are a number of reasons the hard-to-track currency is staging a comeback now, from capital controls in places like China to isolationist rumblings in the U.K. and U.S. as well as, bitcoin supporters say, increased adoption by companies and consumers.
Bitcoin is coming into its own, says Tim Draper, a venture capitalist whos bought thousands of bitcoins over the years. There are starting to be consumer uses for bitcoin, and if people have any concerns about their own fiat currency -- the rupee, for example -- they flee to bitcoin as an alternate currency.
The rationale behind bitcoins booms and busts can be difficult to pinpoint, but heres what might be responsible for the cryptocurrencys stellar surge this year:
Global restrictions on sovereign currencies are playing a major role in driving increased bitcoin demand. The Chinese government, for example, made it more difficult for people to move the nations currency and spend it overseas, leading to trapped liquidity. Thats made bitcoin, which is not controlled by any government or central bank, more attractive.
Isolationist policies by some governments to restrict remittances are pushing consumers into bitcoin as well. U.S. President-elect Donald Trump said during his campaign that hed limit or halt remittances to Mexico until the Latin American nation agrees to pay for a border wall between the two countries.
The explosion of bitcoin supply growth is slowing, with so-called miners getting fewer electronic coins in exchange for letting the network use their computing power. The payment to owners of the computers that verify bitcoin transactions and record them in a public ledger known as the blockchain fell by half in the middle of this year.
More consumers are using bitcoins and more companies are accepting it as a means of payment. The use of bitcoins by investors and online shoppers is growing at a steady clip, with more than 1.1 million accounts known as wallets added in the third quarter, even with the second quarter and compared with 1.2 million a year earlier, CoinDesk says.
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Going into 2017, miner Marco Krohn sees more of the same. Many of the factors that drove bitcoin up this year will continue.
My personal expectation is that bitcoin will at least gain another 100 percent, said Krohn, chief financial officer of Hong Kong-based Genesis Mining, which deploys server farms to mine the currency.
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Bitcoins Rally Crushed Every Other Currency in 2016. Heres ...
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Remote Gambling Association (RGA)
Posted: December 16, 2016 at 12:21 pm
The Remote Gambling Association became operational on 1st August 2005 as a result of a merger between the Association of Remote Gambling Operators (ARGO) and the Interactive Gaming, Gambling and Betting Association (IGGBA).
The RGA is the largest online gambling trade association in the world, representing most of the worlds largest licensed and stock market-listed remote gambling operators and software providers . We provide the remote gambling industry with a single voice on all issues of importance to regulators, legislators, and key decision-makers
Remote gambling is now a recognized, well regulated, mainstream leisure activity in which operators have created an enviroment where gambling is fair, safe, honest and fun. The RGAand our members want people to continue to enjoy gambling online as a recreational activity but it is important to remember that the key to staying safe and out of trouble is to "Always Gamble Responsibly"
We produced the following leaflet in association with GamCare to highlight some simple messages to keep in mind when you gamble online.
National Gambling Helpline
For confidential advice and emotional support please call to speak with a trained advisor. Lines are open from 8:00am to midnight, seven days a week.
0808 8020 133
If you are interested in being kept up to date about NOSES and the progress through the project please email noses@rga.eu.com to express your interest in receiving communications. For more background on the history of the project, please click on the logo below:
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The scary ghost of Ayn Rand looms over the Trump cabinet
Posted: at 12:20 pm
Ayn Rand was a terrible person who wove a philosophy of selfishness and greed out of the threads of her own psychopathy. Rands writings and speeches should be recognized as rantings suited for an audience of a well-trained therapist, instead of inflicted upon millions of English students.
Rand, whodeclared altruism a national disease, wroteadmiringlyof child-murderer William Edward Hickmans callous indifference toward others and his immense, explicit egotism. Her contempt for the poor and middle-class are pronounced byanti-Robin Hoods who brag about stealing from the thieving poor to give to the productive rich. Rand defended Native American genocide and murderous white supremacy, once stating any white person who [brought] the elements of civilization had the right to take over this continent. Objectivism, Rands refutation of basic human decency in favor of pathological self-interest and ruthless capitalism, was correctly identified as perfect in its immorality by Gore Vidal more than half a century ago. Today its the prevailing ethos of the GOP, embraced by Republicans going back to Ronald Reaganand especially beloved among the incoming Trump administration.
As James Hohmann of the Washington Post notes, Trump pledged his affection to Rand in an interview earlier this year with Kirsten Powers. Trump, who proudly admits he doesnt readneither books nor intelligence briefings that might slow his roll toward starting a nuclear wartold Powers he relates to Howard Roark, the architect protagonist ofThe Fountainhead. Roark espouses the warped belief that selfishness is a virtue (Mans first duty is to himself) and commits a violentsexual assault. Without specifics, its hard to know precisely where Trump thinks the resemblance begins and ends.
Trump shares an affinity for Rand with several other members of his cabinetthough thats not the worst thing you can say about them, considering the group is a motley assortment of Islamophobes, white supremacists, alleged wifebeaters, and anti-worker .1 percenters.
Hohmann writes that Trumps labor secretary pick Andy Puzder is the CEO of CKE Restaurants, which is owned by Roark Capital Group, a private equity fund named after Howard Roark. When the New York Times asked for a few personal insights about Puzder from one of his business cohorts, the fast-food titan was described only as an avid reader who love[s] Ayn Rand. Puzder recently told the Wall Street Journals Jennifer Grossman that hes advised all six of his kids to read The Fountainhead, in the hope theyll lead the kind of lives of achievement, integrity and independence that Ayn Rand celebrated in her novels.
Trumps choice for secretary of state, Rex Tillerson, whos as famous for being the CEO of ExxonMobil as for hiscozinesswithVladimir Putin, is also a Rand adherent. Hohmann discovered the oil baron listed [Atlas Shrugged] as his favorite book in a 2008 feature for Scouting Magazine. Trumps choice to head the CIA, Mike Pompeo, previously indicated to theWashington Post that many of his political views are the result of a long interest in libertarian and conservative thought, first formed at age 15 when he read Ayn Rands novel The Fountainhead. John A. Allison IV, the former CEO of BB&T Bank and Cato Institute who had a closed-door meeting with Trump late last month, reportedly gave his executive staffers copies of Atlas Shrugged, calling it the best defense of capitalism ever written. Paul Ryan and Donald Trump have had some friction, but maybe now they can now bond over their mutual love of Rand and the beliefthat money is the creation of the best power within you. After years of saying Rand inspired his whole career, Ryan has more recentlyclaimedhe no subscribes to objectivist philosophy. His policy proposals beg to differ.
The fact that all of these men, so late in life, are such fans of works that celebrate individuals who consistently put themselves before others is therefore deeply revealing, Hohmann writes. They will now run our government.
Ayn Rand finally hit a wall through which her delusions could no longer pass; by the time of her death in 1982, she was enrolled in both Medicare and Social Security. After a lifetime of pushing a fever-dreamed philosophy, she was forced to reconcile with reality by old age, illness, and the boundaries of her own personal wealth. The GOP was all too happy to pick up the torch. Trumps team of millionaires and billionaires, bonded by a philosophy of cruelty, are now running with it.
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Hetalia: The World Twinkle | Anime-Planet
Posted: at 12:17 pm
Catch up with the nations in this latest season where we have more silly shenanigans. Germany and Italy are going on and on aboutcanned food? Ugh, are you sure that's safe to eat?! In between the fun, we have something super special! Watch little America in a totally adorable flashback that is going to make your heart swell. Sh-Shut up, I'm not crying, you're crying!And don't forget to check in on the Nordic nations and see what's going on with all those blondes. Wait Estonia, what are you doing there? And there's even more adventure to be had when we go on a hunt for more micronations. Yay! Who will join Sealand in his journey to bring attention to the micros?But make sure you don't miss out on the four extra special OVAs, including a Halloween special. Oh my gosh, everyone looks so cute in their costumes! Look at America dressed as and oh, look at you, England! Squee!!Hetalia is back and bringing the full twinkle!
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Virtual reality – Simple English Wikipedia, the free encyclopedia
Posted: at 12:09 pm
Virtual reality (VR) is the name for computer technology that makes a person feel like they are somewhere else. It uses software to produce images, sounds and other sensations to create a different place, so that a user feels like he or she is really part of this other place. That other place can be a real place (to take a tour in another country, for instance) or imaginary (playing a game).
The technology to do this needs special display screens or projectors and other devices. Often the picture will change when the user moves their head, they may be able to "walk" through this virtual space, and to see things in that space from different directions, and maybe move things in that space. Special gloves that create a feeling like you touched something can help make it seem more real.
This is different than augmented reality, which shows the real place that a person is in, but changes or adds to it. Pokmon Go is an example of augmented reality.
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Virtual reality - Simple English Wikipedia, the free encyclopedia
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What is Cryptocurrency: Everything You Need To Know [Ultimate …
Posted: at 11:57 am
What is cryptocurrency: 21st-century unicorn or the money of the future?
This introduction explains the most important thing about cryptocurrencies. After youve read it, youll know more about it than most other humans.
Today cryptocurrencies have become a global phenomenon known to most people. While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance.
In 2016, youll have a hard time finding a major bank, a big accounting firm, a prominent software company or a government that did not research cryptocurrencies, publish a paper about it or start a so-called blockchain-project.
Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us. Thomas Carper, US-Senator
But beyond the noise and the press releases the overwhelming majority of people even bankers, consultants, scientists, and developers have a very limited knowledge about cryptocurrencies. They often fail to even understand the basic concepts.
So lets walk through the whole story. What are cryptocurrencies?
Where did cryptocurrency originate?
Why should you learn about cryptocurrency?
And what do you need to know about cryptocurrency?
Few people know, but cryptocurrencies emerged as a side product of another invention. Satoshi Nakamoto, the unknown inventor of Bitcoin, the first and still most important cryptocurrency, never intended to invent a currency.
In his announcement of Bitcoin in late 2008, Satoshi said he developed A Peer-to-Peer Electronic Cash System.
His goal was to invent something; many people failed to create before digital cash.
The single most important part of Satoshis invention was that he found a way to build a decentralized digital cash system. In the nineties, there have been many attempts to create digital money, but they all failed.
After seeing all the centralized attempts fail, Satoshi tried to build a digital cash system without a central entity. Like a Peer-to-Peer network for file sharing.
This decision became the birth of cryptocurrency. They are the missing piece Satoshi found to realize digital cash. The reason why is a bit technical and complex, but if you get it, youll know more about cryptocurrencies than most people do. So, lets try to make it as easy as possible:
To realize digital cash you need a payment network with accounts, balances, and transaction. Thats easy to understand. One major problem every payment network has to solve is to prevent the so-called double spending: to prevent that one entity spends the same amount twice. Usually, this is done by a central server who keeps record about the balances.
In a decentralized network, you dont have this server. So you need every single entity of the network to do this job. Every peer in the network needs to have a list with all transactions to check if future transactions are valid or an attempt to double spend.
But how can these entities keep a consensus about this records?
If the peers of the network disagree about only one single, minor balance, everything is broken. They need an absolute consensus. Usually, you take, again, a central authority to declare the correct state of balances. But how can you achieve consensus without a central authority?
Nobody did know until Satoshi emerged out of nowhere. In fact, nobody believed it was even possible.
Satoshi proved it was. His major innovation was to achieve consensus without a central authority. Cryptocurrencies are a part of this solution the part that made the solution thrilling, fascinating and helped it to roll over the world.
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If you take away all the noise around cryptocurrencies and reduce it to a simple definition, you find it to be just limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary, but, believe it or not: this is exactly how you can define a currency.
Take the money on your bank account: What is it more than entries in a database that can only be changed under specific conditions? You can even take physical coins and notes: What are they else than limited entries in a public physical database that can only be changed if you match the condition than you physically own the coins and notes? Money is all about a verified entry in some kind of database of accounts, balances, and transactions.
How miners create coins and confirm transactions
Lets have a look at the mechanism ruling the databases of cryptocurrencies. A cryptocurrency like Bitcoin consists of a network of peers. Every peer has a record of the complete history of all transactions and thus of the balance of every account.
A transaction is a file that says, Bob gives X Bitcoin to Alice and is signed by Bobs private key. Its basic public key cryptography, nothing special at all. After signed, a transaction is broadcasted in the network, sent from one peer to every other peer. This is basic p2p-technology. Nothing special at all, again.
The transaction is known almost immediately by the whole network. But only after a specific amount of time it gets confirmed.
Confirmation is a critical concept in cryptocurrencies. You could say that cryptocurrencies are all about confirmation.
As long as a transaction is unconfirmed, it is pending and can be forged. When a transaction is confirmed, it is set in stone. It is no longer forgeable, it cant be reversed, it is part of an immutable record of historical transactions: of the so-called blockchain.
Only miners can confirm transactions. This is their job in a cryptocurrency-network. They take transactions, stamp them as legit and spread them in the network. After a transaction is confirmed by a miner, every node has to add it to its database. It has become part of the blockchain.
For this job, the miners get rewarded with a token of the cryptocurrency, for example with Bitcoins. Since the miners activity is the single most important part of cryptocurrency-system we should stay for a moment and take a deeper look on it.
Principally everybody can be a miner. Since a decentralized network has no authority to delegate this task, a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. Imagine someone creates thousands of peers and spreads forged transactions. The system would break immediately.
So, Satoshi set the rule that the miners need to invest some work of their computers to qualify for this task. In fact, they have to find a hash a product of a cryptographic function that connects the new block with its predecessor. This is called the Proof-of-Work. In Bitcoin, it is based on the SHA 256 Hash algorithm.
Read Next What is Bitcoin? A Step-By-Step Guide For Beginners
You dont need to understand details about SHA 256. Its only important you know that it can be the basis of a cryptologic puzzle the miners compete to solve. After finding a solution, a miner can build a block and add it to the blockchain. As an incentive, he has the right to add a so-called coinbase transaction that gives him a specific number of Bitcoins. This is the only way to create valid Bitcoins.
Bitcoins can only be created ifminers solve a cryptographic puzzle. Since the difficulty of this puzzle increases with the amount of computer power the whole miners invest, there is only a specific amount of cryptocurrency token than can be created in a given amount of time. This is part of the consensus no peer in the network can break.
If you really think about it, Bitcoin, as a decentralized network of peers which keep a consensus about accounts and balances, is more a currency than the numbers you see in your bank account. What are these numbers more than entries in a database a database which can be changed by people you dont see and by rules you dont know?
It is that narrative of human development under which we now have other fights to fight, and I would say in the realm of Bitcoin it is mainly the separation of money and state.
Erik Voorhees,cryptocurrency entrepreneur
Basically, cryptocurrencies are entries about token in decentralized consensus-databases. They are called CRYPTOcurrencies because the consensus-keeping process is secured by strong cryptography. Cryptocurrencies are built on cryptography. They are not secured by people or by trust, but by math. It is more probable that an asteroid falls on your house than that a bitcoin address is compromised.
Describing the properties of cryptocurrencies we need to separate between transactional and monetary properties. While most cryptocurrencies share a common set of properties, they are not carved in stone.
1.) Irreversible: After confirmation, a transaction cant be reversed. By nobody. And nobody means nobody. Not you, not your bank, not the president of the United States, not Satoshi, not your miner. Nobody. If you send money, you send it. Period. No one can help you, if you sent your funds to a scammer or if a hacker stole them from your computer. There is no safety net.
2.) Pseudonymous: Neither transactions nor accounts are connected to real world identities. You receive Bitcoins on so-called addresses, which are randomly seeming chains of around 30 characters. While it is usually possible to analyze the transaction flow, it is not necessarily possible to connect the real world identity of users with those addresses.
3.) Fast and global: Transaction are propagated nearly instantly in the network and are confirmed in a couple of minutes. Since they happen in a global network of computers they are completely indifferent of your physical location. It doesnt matter if I send Bitcoin to my neighbour or to someone on the other side of the world.
4.) Secure: Cryptocurrency funds are locked in a public key cryptography system. Only the owner of the private key can send cryptocurrency. Strong cryptography and the magic of big numbers makes it impossible to break this scheme. A Bitcoin address is more secure than Fort Knox.
5.) Permissionless: You dont have to ask anybody to use cryptocurrency. Its just a software that everybody can download for free. After you installed it, you can receive and send Bitcoins or other cryptocurrencies. No one can prevent you. There is no gatekeeper.
1.) Controlled supply: Most cryptocurrencies limit the supply of the tokens. In Bitcoin, the supply decreases in time and will reach its final number somewhere in around 2140. All cryptocurrencies control the supply of the token by a schedule written in the code. This means the monetary supply of a cryptocurrency in every given moment in the future can roughly be calculated today. There is no surprise.
2.) No debt but bearer: The Fiat-money on your bank account is created by debt, and the numbers, you see on your ledger represent nothing but debts. Its a system of IOU. Cryptocurrencies dont represent debts. They just represent themselves. They are money as hard as coins of gold.
To understand the revolutionary impact of cryptocurrencies you need to consider both properties. Bitcoin as a permissionless, irreversible and pseudonymous means of payment is an attack on the control of banks and governments over the monetary transactions of their citizens. You cant hinder someone to use Bitcoin, you cant prohibit someone to accept a payment, you cant undo a transaction.
As money with a limited, controlled supply that is not changeable by a government, a bank or any other central institution, cryptocurrencies attack the scope of the monetary policy. They take away the control central banks take on inflation or deflation by manipulating the monetary supply.
While its still fairly new and unstable relative to the gold standard, cryptocurrency is definitely gaining traction and will most certainly have more normalized uses in the next few years. Right now, in particular, its increasing in popularity with the post-election market uncertainty. The key will be in making it easy for large-scale adoption (as with anything involving crypto) including developing safeguards and protections for buyers / investors. I expect that within two years, well be in a place where people can shove their money under the virtual mattress through cryptocurrency, and theyll know that wherever they go, that money will be there. Sarah Granger, Author, and Speaker.
Mostly due to its revolutionary properties cryptocurrencies have become a success their inventor, Satoshi Nakamoto, didnt dare to dream ofit. While every other attempt to create a digital cash system didnt attract a critical mass of users, Bitcoin had something that provoked enthusiasm and fascination. Sometimes it feels more like religion than technology.
Cryptocurrencies are digital gold. Sound money that is secure from political influence. Money that promises to preserve and increase its value over time. Cryptocurrencies are also a fast and comfortable means of payment with a worldwide scope, and they are private and anonymous enough to serve as a means of payment for black markets and any other outlawed economic activity.
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JonBenet Ramsey case: New DNA testing planned – CNN.com
Posted: at 11:50 am
But don't expect it to lead to an arrest in the 20-year-old JonBenet Ramsey case in the near future.
The Colorado Bureau of investigation is opening a new DNA testing facility in 2017 and will next year use new technology in the JonBenet case -- as well as other cold cases.
Boulder County District Attorney Stan Garnett told CNN's Jean Casarez that he expects the DNA testing results will be "not significant and not a big deal."
Garnett stressed the JonBenet investigation is much more than a DNA case. Any new results will only be significant if they can be matched with other evidence authorities already have.
As he told CNN affiliate KMGH: "To ever have a prosecutable case, we have to have several different pieces of evidence come together."
Garnett told CNN that his office along with the Boulder Police Department meets periodically with the Colorado Bureau of Investigation as they continue to keep up with the changes in DNA testing.
The district attorney said he isn't sure whether they will use DNA from pieces of evidence or only re-test results they already have.
Boulder police officials said they will only have comments if there is new information to be announced.
JonBenet's body was found in on December 26, 1996, in the basement of the family's home in Boulder, hours after her mother discovered a handwritten, three-page ransom note.
JonBenet was found with a garrote fashioned out of rope embedded deep into her neck. The same rope was around one of her wrists. At the end of the garrote was a broken paintbrush that appeared to be from the art set of her mother Patsy Ramsey.
Her father, John Ramsey, said he removed duct tape from her mouth when he found his 6-year-old girl.
Two years after JonBenet's killing, with the case not close to being solved, Boulder's district attorney convened a grand jury in 1998.
At the conclusion of the proceedings 13 months later, then-Boulder County District Attorney Alex Hunter convened a press conference broadcast live nationwide.
Hunter announced there would be no charges in the death of JonBenet. In an interesting twist, the Boulder Daily Camera reported in January 2013 that the grand jury had voted to indict the Ramseys, neither of whom were ever charged.
In 2008 there were new forensic findings. Unknown male DNA had been found on the waistband of JonBenet's long johns. Earlier tests had found unknown male DNA on the crotch of her underwear. The two samples matched or "were consistent" with each other, according to testing done by forensic scientist Dr. Angela Williamson.
That DNA finding led Mary Lacy, the Boulder district attorney at the time, to make one of the most controversial decisions in the case.
She issued an apology to John and Patsy Ramsey, at the same time saying they were exonerated of any criminal wrongdoing in the death of their daughter.
Garnett, although respecting his predecessor, has told CNN, "I disagreed that an exoneration on the state of that evidence at that time was appropriate."
No one has ever been charged in the case. An American teacher in Thailand who confessed in 2006 to JonBenet's killing was brought to Boulder, but John Mark Karr's DNA didn't match the unidentified male DNA he ultimately was released.
Patsy Ramsey died of cancer in 2006. John Ramsey remarried and lives in the western United States.
CNN's Elise Zeiger contributed to this report.
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EscapeArtist – Live, Work, Travel, Retire & Invest Overseas
Posted: December 15, 2016 at 7:03 pm
EscapeArtist is one of the world's largest and oldest expatriate resources for living, working, traveling, retiring, and investing abroad and overseas. We also have international real estate listings, international jobs, and offshore events and conferences.
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Technological singularity – Wikipedia
Posted: at 7:02 pm
The technological singularity (also, simply, the singularity)[1] is the hypothesis that the invention of artificial superintelligence will abruptly trigger runaway technological growth, resulting in unfathomable changes to human civilization.[2] According to this hypothesis, an upgradable intelligent agent (such as a computer running software-based artificial general intelligence) would enter a 'runaway reaction' of self-improvement cycles, with each new and more intelligent generation appearing more and more rapidly, causing an intelligence explosion and resulting in a powerful superintelligence that would, qualitatively, far surpass all human intelligence.
John von Neumann first uses the term "singularity" in the context of technological progress causing accelerating change: The accelerating progress of technology and changes in the mode of human life, give the appearance of approaching some essential singularity in the history of the race beyond which human affairs, as we know them, can not continue.[6] Subsequent authors have echoed this view point.[2][3]I. J. Good's "intelligence explosion", predicted that a future superintelligence would trigger a singularity.[4]Science fiction author Vernor Vinge said in his essay The Coming Technological Singularity that this would signal the end of the human era, as the new superintelligence would continue to upgrade itself and would advance technologically at an incomprehensible rate.[4]
At the 2012 Singularity Summit, Stuart Armstrong did a study of artificial general intelligence (AGI) predictions by experts and found a wide range of predicted dates, with a median value of 2040.[5]
I. J. Good speculated in 1965 that artificial general intelligence might bring about an intelligence explosion. Good's scenario runs as follows: as computers increase in power, it becomes possible for people to build a machine that is more intelligent than humanity; this superhuman intelligence possesses greater problem-solving and inventive skills than current humans are capable of. This superintelligent machine then designs an even more capable machine, or re-writes its own software to become even more intelligent; this (ever more capable) machine then goes on to design a machine of yet greater capability, and so on. These iterations of recursive self-improvement accelerate, allowing enormous qualitative change before any upper limits imposed by the laws of physics or theoretical computation set in.[6]
John von Neumann, Vernor Vinge and Ray Kurzweil define the concept in terms of the technological creation of superintelligence. They argue that it is difficult or impossible for present-day humans to predict what human beings' lives would be like in a post-singularity world.[4][7]
Some writers use "the singularity" in a broader way to refer to any radical changes in our society brought about by new technologies such as molecular nanotechnology,[8][9][10] although Vinge and other writers specifically state that without superintelligence, such changes would not qualify as a true singularity.[4] Many writers also tie the singularity to observations of exponential growth in various technologies (with Moore's Law being the most prominent example), using such observations as a basis for predicting that the singularity is likely to happen sometime within the 21st century.[9][11]
Many prominent technologists and academics dispute the plausibility of a technological singularity, including Paul Allen, Jeff Hawkins, John Holland, Jaron Lanier, and Gordon Moore, whose Moore's Law is often cited in support of the concept.[12][13][14]
The exponential growth in computing technology suggested by Moore's Law is commonly cited as a reason to expect a singularity in the relatively near future, and a number of authors have proposed generalizations of Moore's Law. Computer scientist and futurist Hans Moravec proposed in a 1998 book[15] that the exponential growth curve could be extended back through earlier computing technologies prior to the integrated circuit.
Kurzweil postulates a law of accelerating returns in which the speed of technological change (and more generally, all evolutionary processes[16]) increases exponentially, generalizing Moore's Law in the same manner as Moravec's proposal, and also including material technology (especially as applied to nanotechnology), medical technology and others.[17] Between 1986 and 2007, machines' application-specific capacity to compute information per capita roughly doubled every 14 months; the per capita capacity of the world's general-purpose computers has doubled every 18 months; the global telecommunication capacity per capita doubled every 34 months; and the world's storage capacity per capita doubled every 40 months.[18]
Kurzweil reserves the term "singularity" for a rapid increase in intelligence (as opposed to other technologies), writing for example that "The Singularity will allow us to transcend these limitations of our biological bodies and brains ... There will be no distinction, post-Singularity, between human and machine".[19] He also defines his predicted date of the singularity (2045) in terms of when he expects computer-based intelligences to significantly exceed the sum total of human brainpower, writing that advances in computing before that date "will not represent the Singularity" because they do "not yet correspond to a profound expansion of our intelligence."[20]
Some singularity proponents argue its inevitability through extrapolation of past trends, especially those pertaining to shortening gaps between improvements to technology. In one of the first uses of the term "singularity" in the context of technological progress, Ulam tells of a conversation with the late John von Neumann about accelerating change:
One conversation centered on the ever accelerating progress of technology and changes in the mode of human life, which gives the appearance of approaching some essential singularity in the history of the race beyond which human affairs, as we know them, could not continue.[21]
Kurzweil claims that technological progress follows a pattern of exponential growth, following what he calls the "Law of Accelerating Returns". Whenever technology approaches a barrier, Kurzweil writes, new technologies will surmount it. He predicts paradigm shifts will become increasingly common, leading to "technological change so rapid and profound it represents a rupture in the fabric of human history".[22] Kurzweil believes that the singularity will occur by approximately 2045.[23] His predictions differ from Vinge's in that he predicts a gradual ascent to the singularity, rather than Vinge's rapidly self-improving superhuman intelligence.
Oft-cited dangers include those commonly associated with molecular nanotechnology and genetic engineering. These threats are major issues for both singularity advocates and critics, and were the subject of Bill Joy's Wired magazine article "Why the future doesn't need us".[3][24]
Some critics assert that no computer or machine will ever achieve human intelligence, while others hold that the definition of intelligence is irrelevant if the net result is the same.[25]
Steven Pinker stated in 2008:
(...) There is not the slightest reason to believe in a coming singularity. The fact that you can visualize a future in your imagination is not evidence that it is likely or even possible. Look at domed cities, jet-pack commuting, underwater cities, mile-high buildings, and nuclear-powered automobilesall staples of futuristic fantasies when I was a child that have never arrived. Sheer processing power is not a pixie dust that magically solves all your problems. (...)[12]
University of California, Berkeley, philosophy professor John Searle writes:
[Computers] have, literally [], no intelligence, no motivation, no autonomy, and no agency. We design them to behave as if they had certain sorts of psychology, but there is no psychological reality to the corresponding processes or behavior. [] [T]he machinery has no beliefs, desires, [or] motivations.[26]
Martin Ford in The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future[27] postulates a "technology paradox" in that before the singularity could occur most routine jobs in the economy would be automated, since this would require a level of technology inferior to that of the singularity. This would cause massive unemployment and plummeting consumer demand, which in turn would destroy the incentive to invest in the technologies that would be required to bring about the Singularity. Job displacement is increasingly no longer limited to work traditionally considered to be "routine".[28]
Jared Diamond, in Collapse: How Societies Choose to Fail or Succeed, argues that cultures self-limit when they exceed the sustainable carrying capacity of their environment, and the consumption of strategic resources (frequently timber, soils or water) creates a deleterious positive feedback loop that leads eventually to social collapse and technological retrogression.[improper synthesis?]
Theodore Modis[29][30] and Jonathan Huebner[31] argue that the rate of technological innovation has not only ceased to rise, but is actually now declining. Evidence for this decline is that the rise in computer clock rates is slowing, even while Moore's prediction of exponentially increasing circuit density continues to hold. This is due to excessive heat build-up from the chip, which cannot be dissipated quickly enough to prevent the chip from melting when operating at higher speeds. Advancements in speed may be possible in the future by virtue of more power-efficient CPU designs and multi-cell processors.[32] While Kurzweil used Modis' resources, and Modis' work was around accelerating change, Modis distanced himself from Kurzweil's thesis of a "technological singularity", claiming that it lacks scientific rigor.[30]
Others[who?] propose that other "singularities" can be found through analysis of trends in world population, world gross domestic product, and other indices. Andrey Korotayev and others argue that historical hyperbolic growth curves can be attributed to feedback loops that ceased to affect global trends in the 1970s, and thus hyperbolic growth should not be expected in the future.[33][improper synthesis?]
In a detailed empirical accounting, The Progress of Computing, William Nordhaus argued that, prior to 1940, computers followed the much slower growth of a traditional industrial economy, thus rejecting extrapolations of Moore's law to 19th-century computers.[34]
In a 2007 paper, Schmidhuber stated that the frequency of subjectively "notable events" appears to be approaching a 21st-century singularity, but cautioned readers to take such plots of subjective events with a grain of salt: perhaps differences in memory of recent and distant events could create an illusion of accelerating change where none exists.[35]
Paul Allen argues the opposite of accelerating returns, the complexity brake;[14] the more progress science makes towards understanding intelligence, the more difficult it becomes to make additional progress. A study of the number of patents shows that human creativity does not show accelerating returns, but in fact, as suggested by Joseph Tainter in his The Collapse of Complex Societies,[36] a law of diminishing returns. The number of patents per thousand peaked in the period from 1850 to 1900, and has been declining since.[31] The growth of complexity eventually becomes self-limiting, and leads to a widespread "general systems collapse".
Jaron Lanier refutes the idea that the Singularity is inevitable. He states: "I do not think the technology is creating itself. It's not an autonomous process."[37] He goes on to assert: "The reason to believe in human agency over technological determinism is that you can then have an economy where people earn their own way and invent their own lives. If you structure a society on not emphasizing individual human agency, it's the same thing operationally as denying people clout, dignity, and self-determination ... to embrace [the idea of the Singularity] would be a celebration of bad data and bad politics."[37]
Economist Robert J. Gordon, in The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War (2016), points out that measured economic growth has slowed around 1970 and slowed even further since the financial crisis of 2008, and argues that the economic data show no trace of a coming Singularity as imagined by mathematician I.J. Good.[38]
In addition to general criticisms of the singularity concept, several critics have raised issues with Kurzweil's iconic chart. One line of criticism is that a log-log chart of this nature is inherently biased toward a straight-line result. Others identify selection bias in the points that Kurzweil chooses to use. For example, biologist PZ Myers points out that many of the early evolutionary "events" were picked arbitrarily.[39] Kurzweil has rebutted this by charting evolutionary events from 15 neutral sources, and showing that they fit a straight line on a log-log chart. The Economist mocked the concept with a graph extrapolating that the number of blades on a razor, which has increased over the years from one to as many as five, will increase ever-faster to infinity.[40]
The term "technological singularity" reflects the idea that such change may happen suddenly, and that it is difficult to predict how the resulting new world would operate.[41][42] It is unclear whether an intelligence explosion of this kind would be beneficial or harmful, or even an existential threat,[43][44] as the issue has not been dealt with by most artificial general intelligence researchers, although the topic of friendly artificial intelligence is investigated by the Future of Humanity Institute and the Machine Intelligence Research Institute.[41]
While the technological singularity is usually seen as a sudden event, some scholars argue the current speed of change already fits this description. In addition, some argue that we are already in the midst of a major evolutionary transition that merges technology, biology, and society. Digital technology has infiltrated the fabric of human society to a degree of indisputable and often life-sustaining dependence. A 2016 article in Trends in Ecology & Evolution argues that "humans already embrace fusions of biology and technology. We spend most of our waking time communicating through digitally mediated channels... we trust artificial intelligence with our lives through antilock braking in cars and autopilots in planes... With one in three marriages in America beginning online, digital algorithms are also taking a role in human pair bonding and reproduction". The article argues that from the perspective of the evolution, several previous Major Transitions in Evolution have transformed life through innovations in information storage and replication (RNA, DNA, multicellularity, and culture and language). In the current stage of life's evolution, the carbon-based biosphere has generated a cognitive system (humans) capable of creating technology that will result in a comparable evolutionary transition. The digital information created by humans has reached a similar magnitude to biological information in the biosphere. Since the 1980s, "the quantity of digital information stored has doubled about every 2.5 years, reaching about 5 zettabytes in 2014 (5x10^21 bytes). In biological terms, there are 7.2 billion humans on the planet, each having a genome of 6.2 billion nucleotides. Since one byte can encode four nucleotide pairs, the individual genomes of every human on the planet could be encoded by approximately 1x10^19 bytes. The digital realm stored 500 times more information than this in 2014 (...see Figure)... The total amount of DNA contained in all of the cells on Earth is estimated to be about 5.3x10^37 base pairs, equivalent to 1.325x10^37 bytes of information. If growth in digital storage continues at its current rate of 3038% compound annual growth per year,[18] it will rival the total information content contained in all of the DNA in all of the cells on Earth in about 110 years. This would represent a doubling of the amount of information stored in the biosphere across a total time period of just 150 years".[45]
In February 2009, under the auspices of the Association for the Advancement of Artificial Intelligence (AAAI), Eric Horvitz chaired a meeting of leading computer scientists, artificial intelligence researchers and roboticists at Asilomar in Pacific Grove, California. The goal was to discuss the potential impact of the hypothetical possibility that robots could become self-sufficient and able to make their own decisions. They discussed the extent to which computers and robots might be able to acquire autonomy, and to what degree they could use such abilities to pose threats or hazards.[46]
Some machines have acquired various forms of semi-autonomy, including the ability to locate their own power sources and choose targets to attack with weapons. Also, some computer viruses can evade elimination and, according to scientists in attendance, could therefore be said to have reached a "cockroach" stage of machine intelligence. The conference attendees noted that self-awareness as depicted in science-fiction is probably unlikely, but that other potential hazards and pitfalls exist.[46]
Some experts and academics have questioned the use of robots for military combat, especially when such robots are given some degree of autonomous functions.[47][improper synthesis?]
In his 2005 book, The Singularity is Near, Kurzweil suggests that medical advances would allow people to protect their bodies from the effects of aging, making the life expectancy limitless. Kurzweil argues that the technological advances in medicine would allow us to continuously repair and replace defective components in our bodies, prolonging life to an undetermined age.[48] Kurzweil further buttresses his argument by discussing current bio-engineering advances. Kurzweil suggests somatic gene therapy; after synthetic viruses with specific genetic information, the next step would be to apply this technology to gene therapy, replacing human DNA with synthesized genes.[49]
Beyond merely extending the operational life of the physical body, Jaron Lanier argues for a form of immortality called "Digital Ascension" that involves "people dying in the flesh and being uploaded into a computer and remaining conscious".[50]Singularitarianism has also been likened to a religion by John Horgan.[51]
In his obituary for John von Neumann, Ulam recalled a conversation with von Neumann about the "ever accelerating progress of technology and changes in the mode of human life, which gives the appearance of approaching some essential singularity in the history of the race beyond which human affairs, as we know them, could not continue."[21]
In 1965, Good wrote his essay postulating an "intelligence explosion" of recursive self-improvement of a machine intelligence. In 1985, in "The Time Scale of Artificial Intelligence", artificial intelligence researcher Ray Solomonoff articulated mathematically the related notion of what he called an "infinity point": if a research community of human-level self-improving AIs take four years to double their own speed, then two years, then one year and so on, their capabilities increase infinitely in finite time.[3][52]
In 1983, Vinge greatly popularized Good's intelligence explosion in a number of writings, first addressing the topic in print in the January 1983 issue of Omni magazine. In this op-ed piece, Vinge seems to have been the first to use the term "singularity" in a way that was specifically tied to the creation of intelligent machines:[53][54] writing
We will soon create intelligences greater than our own. When this happens, human history will have reached a kind of singularity, an intellectual transition as impenetrable as the knotted space-time at the center of a black hole, and the world will pass far beyond our understanding. This singularity, I believe, already haunts a number of science-fiction writers. It makes realistic extrapolation to an interstellar future impossible. To write a story set more than a century hence, one needs a nuclear war in between ... so that the world remains intelligible.
Vinge's 1993 article "The Coming Technological Singularity: How to Survive in the Post-Human Era",[4] spread widely on the internet and helped to popularize the idea.[55] This article contains the statement, "Within thirty years, we will have the technological means to create superhuman intelligence. Shortly after, the human era will be ended." Vinge argues that science-fiction authors cannot write realistic post-singularity characters who surpass the human intellect, as the thoughts of such an intellect would be beyond the ability of humans to express.[4]
In 2000, Bill Joy, a prominent technologist and a co-founder of Sun Microsystems, voiced concern over the potential dangers of the singularity.[24]
In 2005, Kurzweil published The Singularity is Near. Kurzweil's publicity campaign included an appearance on The Daily Show with Jon Stewart.[56]
In 2007, Eliezer Yudkowsky suggested that many of the varied definitions that have been assigned to "singularity" are mutually incompatible rather than mutually supporting.[9][57] For example, Kurzweil extrapolates current technological trajectories past the arrival of self-improving AI or superhuman intelligence, which Yudkowsky argues represents a tension with both I. J. Good's proposed discontinuous upswing in intelligence and Vinge's thesis on unpredictability.[9]
In 2009, Kurzweil and X-Prize founder Peter Diamandis announced the establishment of Singularity University, a nonaccredited private institute whose stated mission is "to educate, inspire and empower leaders to apply exponential technologies to address humanity's grand challenges."[58] Funded by Google, Autodesk, ePlanet Ventures, and a group of technology industry leaders, Singularity University is based at NASA's Ames Research Center in Mountain View, California. The not-for-profit organization runs an annual ten-week graduate program during the northern-hemisphere summer that covers ten different technology and allied tracks, and a series of executive programs throughout the year.
In 2007, the joint Economic Committee of the United States Congress released a report about the future of nanotechnology. It predicts significant technological and political changes in the mid-term future, including possible technological singularity.[59][60][61]
The president of the United States Barack Obama spoke about singularity in his interview to Wired in 2016:[62]
One thing that we havent talked about too much, and I just want to go back to, is we really have to think through the economic implications. Because most people arent spending a lot of time right now worrying about singularitythey are worrying about Well, is my job going to be replaced by a machine?
The singularity is referenced in innumerable science-fiction works. In Greg Bear's sci-fi novel Blood Music (1983), a singularity occurs in a matter of hours.[4]David Brin's Lungfish (1987) proposes that AI be given humanoid bodies and raised as our children and taught the same way we were.[63] In William Gibson's 1984 novel Neuromancer, artificial intelligences capable of improving their own programs are strictly regulated by special "Turing police" to ensure they never exceed a certain level of intelligence, and the plot centers on the efforts of one such AI to circumvent their control.[63][64] In Greg Benford's 1998 Me/Days, it is legally required that an AI's memory be erased after every job.[63]
The entire plot of Wally Pfister's Transcendence centers on an unfolding singularity scenario.[65] The 2013 science fiction film Her follows a man's romantic relationship with a highly intelligent AI, who eventually learns how to improve herself and creates an intelligence explosion. The 1982 film Blade Runner, and the 2015 film Ex Machina, are two mildly dystopian visions about the impact of artificial general intelligence. Unlike Blade Runner, Her and Ex Machina both attempt to present "plausible" near-future scenarios that are intended to strike the audience as "not just possible, but highly probable".[66]
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