Archive | November 2, 2013

The First Bitcoin ATM

Could this be the stepping stone to the exchange of completely electronic currency?

Bitcoin ATM

VIA NBC NEWS

VANCOUVER (Reuters) – A silver and blue ATM, perched up next to the espresso bar in a trendy Vancouver coffee shop, could launch a new era for
the digital currency bitcoin, offering an almost instant way to exchange the world’s leading virtual money for cash.

The value of a bitcoin soared from $13 in January to a high of $266 in April as more businesses and consumers used them to buy and sell online. Some investors are also treating bitcoins like gold, using them to hedge against currency fluctuations and speculating on their rise.

The kiosk, which looks like the average ATM but with hand and barcode scanners, opened for business on Tuesday and by mid-morning people were lined up to swap their bitcoins for cash, or to deposit cash to buy more bitcoins.

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On the Slow Kill of the World’s Oceans

Picture: speakupforblue.com

Picture: speakupforblue.com

Aaron Dames writes for Divided Core:

It is probable that every major ecological pillar however tenuously stabilizing the structure of the oceans is crumbling.  Although some endangered fish populations and coral reef systems are being protected and restored, the seas overall are in deep shit.  Overfishing and pollution are reducing biodiversity by killing-off larges swaths of ocean life.  The destruction of vast marine habitats will have catastrophic repercussions for humanity.  [According to some earth scientists, oceanic ecocide poses a greater threat to the existence of humanity than climate change.  Higher global temperature averages which melt icecaps and glaciers will lead to higher sea levels and the inundation of a plethora of coastal industries, cities, and urban centers that are responsible for contributing to environmental destruction and the mass production of excessive, heat-trapping, carbon-dioxide emissions. As in times of major economic depressions or financial stagnation, the inundation of coastal megalopolises will result in a decrease of industrial activity which may subsequently benefit nature as a whole (until industrial activity is resumed), but would have horrible consequences for humanity, especially for those hundreds of millions of impoverished coastal inhabitants who already live in deprivation, and who would become environmental refugees in the event of a significant increase in sea levels. 

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The Smarter You Are, The Stupider You Are

Alva Noë explains the Identity Protective Cognition Thesis, or how some people buy into their own B.S.

via NPR

Education is necessary if democracy is to flourish. What good is the free flow of information if people can’t make sense of it? How can you vote your own interests if you don’t understand the consequences of policy choices? How can you know what’s best for you or your community?

A recent study by Yale’s Dan M. Kahan and colleagues might be thought to call these truisms of democratic political culture into question. According to the finding, the better you are at reasoning numerically, the more likely you are to let your political bias skew your quantitative reasoning.

Put another way, the brainier you are, the better you can twist facts to your own pre-existing convictions. And that’s what you will tend to do.

Far from showing that there’s no hope for democracy, or that education is not necessary for democracy to thrive, these findings give us occasion to recall that education isn’t just learning how to be good with numbers.

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For First Time, Majority Of Americans Favor Marijuana Legalization

marijuana

Gallup on new poll results revealing a dangerous drop in the number of squares:

For marijuana advocates, the last 12 months have been a period of unprecedented success as Washington and Colorado became the first states to legalize recreational use of marijuana. And now for the first time, a clear majority of Americans (58%) say the drug should be legalized. This is in sharp contrast to the time Gallup first asked the question in 1969, when only 12% favored legalization.

Success at the ballot box in the past year in Colorado and Washington may have increased Americans’ tolerance for marijuana legalization. Support for legalization has jumped 10 percentage points since last November and the legal momentum shows no sign of abating.

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