Quote notes (#85)

Marc Andreessen on the triangular dynamic tensions of tech innovation:

These technologies escalate the power of government, but they also escalate the power of business, and they also escalate the power of individuals. So everyone’s been upgraded. And it’s a recalibration of who can do what, and everybody can do new things, so everybody’s uneasy about it. Governments are very worried about what citizens are going to be able to do with these new technologies. Citizens are very worried about what governments are going to do, and everybody’s worried about what businesses are going to do. It’s this three-way dynamic that’s playing out. And so for any of these individual issues, it’s not just “What is one leg of this triangle going to be doing?” It’s, “What are all three of them going to be doing, and how will the tension resolve itself?”

Much of interest also on the NSA, net neutrality, and especially Bitcoin:

I have a lot of friends who are programmers. The programmers have always gone like, “Those [Bitcoin] guys are crazy.”

And then, almost 100 percent of the time, they sit down, read the paper, read the code — it takes them a couple weeks — and they come out the other side. And they’re like: “Oh my god, this is it. This is the big breakthrough. This is the thing we’ve been waiting for. He solved all the problems. Whoever he is should get the Nobel prize — he’s a genius. This is the thing! This is the distributed trust network that the Internet always needed and never had.”

So, one of the challenges is you take people who aren’t professional programmers or mathematicians and then you expect them to understand it from a standing start. And it’s daunting. And so then it gets a word attached to it, like “currency” or whatever you want to call it, and then people think that it is something it isn’t. And you have a sense of this, but it’s a much deeper concept than currency. It’s the idea of distributed trust.

ADDED: More from the same interview over at UF.

May 22, 2014admin 10 Comments »
FILED UNDER :Commerce , Media , Technology


10 Responses to this entry

  • Nope Says:

    off topic, but did you catch this bit of accelerationism nick: http://www.vox.com/2014/5/20/5730762/buzzfeeds-founder-used-to-write-marxist-theory-and-it-explains


    admin Reply:

    Thanks, that was interesting.


    Posted on May 22nd, 2014 at 11:07 am Reply | Quote
  • VXXC Says:

    Does Bitcoin blockchain keep a record of who did what with Bitcoins?

    it does.

    I guess no one ever heard of RICO and property seizures.

    Do correct if wrong.


    admin Reply:

    Those problems are being worked on — very quickly. Darkcoin is the latest example (and it’s gone nova). Don’t get distracted from the big picture by temporary noise.


    Puzzle Privateer (@PuzzlePrivateer) Reply:

    An actual functioning and widely used anonymous currency would be one way to destroy the tax base of USG. No need to wait for the singularity!


    Mike in Boston Reply:

    Darkcoin seems pretty ad hoc to me. I am however impressed by zerocash.


    Posted on May 23rd, 2014 at 1:23 am Reply | Quote
  • The Bitcoin Singularity | Regulus in Virgo Says:

    […] Nick Land might not be racist — or even Anti-American — but he’s definitely pro-Chinese. The Chinese are “relying increasingly on large-scale information theft” directed against American companies. Of course government secrecy and protecting privacy is major. However, unlike the government “American industry has so few incentives to come clean about its losses, and so many incentives to cover them up”. And I really do get the dealio about smart genes and such, but I’m thinking Corporate DNA is way more at risk than Human DNA at this point. […]

    Posted on May 23rd, 2014 at 2:39 am Reply | Quote
  • fotrkd Says:

    So maybe not the Thing, but The Happening? (Apologies, I’m in a musical mood).


    fotrkd Reply:

    Damn… that would have worked much better if I’d linked the thing as well.


    Posted on May 23rd, 2014 at 4:57 pm Reply | Quote
  • fotrkd Says:

    There needs to be an index to Jacques the Fatalist. It’s not a novel (Diderot tells us this over and over again), but a guidebook. I’m still amazed by his comments in relation to on the Bitcoin blockchain:

    Master: And who is it up there who wrote out this good and bad fortune up above?

    Jacques: And who created the great scroll on which it is all written? A captain friend of my own Captain would have given a pretty penny to know that. But my Captain wouldn’t have paid an obol, nor would I, for what good would it do me? Would I manage to avoid the hole where I am destined to break my neck?

    Master: I think so.

    Jacques: Well, I think not because there would have to be an incorrect line on the great scroll which contains the truth, the whole truth and nothing but the truth. In that case it would have to be written on the scroll that Jacques would break his neck on such a day and Jacques would not break his neck. Can you imagine for one moment that that could happen, whoever made the great scroll?



    Posted on May 24th, 2014 at 1:11 am Reply | Quote

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