rkbabang

The DAO has surpassed $110M. Chiefless Company Rakes In More Than $100 Million Group called DAO is running itself via computer code http://www.wsj.com/articles/chiefless-company-rakes-in-more-than-100-million-1463399393

Scott Adams has been saying that Trump will win in a land slide since last August when everyone else still thought he was a joke. https://www.washingtonpost.com/news/comic-riffs/wp/2016/03/21/donald-trump-will-win-in-a-landslide-the-mind-behind-dilbert-explains-why/ Here is just one point of many good ones he makes:

You beat me to it. I won't be voting, but I do hope Trump wins. Hillary scares the hell out of me and Trump will be entertaining to watch.

It looks like he admits he hasn't paid his debts to those people and others: So Arcade City is a little iffy, but the DAO concept itself is none the less intriguing.

Thanks for the info. I don't know anything about him, other than what I've come across researching the DAO concept and Arcade City. Also that post on that website isn't exactly hard evidence against him either, but troubling if it is true. I wonder if the guy ever sued him. Also, I wonder who gave Arcade City $2M.

Anyone here heard of a DAO? It stands for Decentralized Autonomous Organization. The ownership model is basically that tokens are sold to seed the DAO with money, then the token holders own equity in the organization in proportion to the number of tokens they own. The tokens themselves can be traded. This is all done with smart contracts on the Ethereum blockchain, so tokens can be traded as easily as Ether or Bitcoin. One of these DAO organizations calling itself "The DAO" (https://daohub.org/index.html) has already raised over $35M and the initial offering isn't over yet. I spent 10 Ether (<$100) to buy 1000 tokens just to participate and see how this all is going to work. Arcade City is also planning on setting up a DOA with a token sale in the 4Q 2016. Arcade City is planning to be an Uber killer by using a completely decentralized model and has already received $2M in traditional venture funding. Since the drivers are acting on their own there will be no central company for cities to go after to shut them out as the cities try to protect their taxi cab cartels. Anyway I read through the whitepaper here, it is an interesting concept with a different ownership model than we are used to: https://download.slock.it/public/DAO/WhitePaper.pdf

Lockheed Still Supporting Portable Nuclear Generator "Rob Weiss told an audience at the Atlantic Council that Lockheed is “about four months into a little bit more significant investment” into the technology, which was first revealed around two years ago...Weiss also confirmed the team has achieved “initial plasma,” an important early step for the reactor."

Does anyone still try to obtain useful information from cable TV? I haven't turned on a cable "news" or financial "news" channel in years. If it wasn't bundled with my cable TV package there is no way I would pay for such infotainment trash.

I actually voted for him for president in 1996, back when I used to do that sort of thing.

+1 and the resources could go to saving human lives today. Environmentalism has become like a religion with its own ideology. Wasn't it Bill Nye that said Climate Change Deniers should go to prison? When you are punishing heretics it is no longer science, even if you are correct.

http://farm5.static.flickr.com/4036/4254681996_27b1ed7ff0.jpg Doing what you suggest has real costs. Huge costs. What if massive changes where made in 1970 to reduce world population and curb fossil fuel use. We wouldn't have saved ourselves from anything but imagined demons, but we would all be significantly poorer today.

Happy Earth Day everyone. We live in a world that since the 1st Earth Day in 1970 has gotten cleaner, even though the population has expanded, we are all richer, healthier, living longer, have greater quality of life, more food and adjusted for inflation almost every natural and/or man made resource has gotten cheaper, better, and more abundant. This article has a few of the predictions that didn't turn out quite right from the neo-malthusians and other prophets of doom in 1970. From 18 Spectacularly Wrong Prophecies from the First Earth Day, Environmental Doomsayers Are Undeterred by Their Perfectly Wrong Track Record

I'd recommend "Keynes, The Man" by Murray N. Rothbard, you can find it on Amazon, but if you have an ereader or want to read it electronically it is available for free in PDF and ePub.

Having a wedding for profit! Now that is how a value investor does a wedding. I had a mix of gifts and some checks, but even with 240 people the checks didn't amount to much. I had one family of 4 give me $25. I can't remember, but I think the total was significantly less than $2K. Neither of us come from wealthy people.

Since we are discussing science I'll just leave this here. It is a little long but well worth the read. Scientists are just people with the same motivations and tendencies as anyone else. The fact that politics is driving so much of the science in this field (and some others) just makes me a little nervous when deciding what to believe. http://www.firstthings.com/article/2016/05/scientific-regress Also, if CO2 is the problem like they say, we will be worried about too little CO2 in the atmosphere after molecular nanotech starts using the carbon to build stuff. So like Jurgis said, even if it is all true, this will be a non-issue as long as we can wait another decade or 4.

+1. I agree with everything you just said, especially the 1st sentence.

Americans... ::) :o Supersize me baby. Do Canadians not have large families? I have 36 1st cousins, almost all of them older than me so they all had spouses and some of them teenage kids by the time I got married. My wife has a large family as well. Out of the 250 we invited it was over 200 family members alone. And there were some hard feelings over it from people we cut from the list. Do you know all these people as close friends? Why would you invite them? :o Yes I know all of these people. Like I said we have large families and they all lived in the same area back then. Even just our immediate families are large there have been thanksgiving dinners and Easter meals at my house with as many as 45 people. That is just our parents and grandparents, our siblings, nieces and nephews, and a few of our many aunts and uncles.

Americans... ::) :o Supersize me baby. Do Canadians not have large families? I have 36 1st cousins, almost all of them older than me so they all had spouses and some of them teenage kids by the time I got married. My wife has a large family as well. Out of the 250 we invited it was over 200 family members alone. And there were some hard feelings over it from people we cut from the list.

You can also do a large wedding on the cheap. My wife and I did back in '96. We invited 250 people (we invited only good friends, limited family to 1st cousins, and asked everyone not to bring their young children, otherwise we could have invited 600+ people). We had about 240 show up and we did it for under $8K total (wedding, reception, dress, & rings). Her parents were not in a position to help us at all and my parents paid for our honeymoon as our wedding present and paid the band as well, but we had to pay for everything else. We rented an Elks hall for $150 for the night, the agreement was that they would provide all the drinks from the bar, so that is where they made their money. My wife got a discontinued dress right off the mannequin at the bridal shop and it fit her so there were no alterations, it was a $4000 dress for $1400. We found a caterer to do a chicken dinner for $8/plate (I'm not sure if you could find something so cheap today though). My wife did all the flowers for the church, reception, table arrangements, her bouquet, herself (she studied floriculture and floral design in school) we drove up to the wholesale flower place in boston and got the raw materials at wholesale costs. We had the wedding party all meet at a discount photo studio to take some pictures before the wedding and we just had family members photograph the wedding itself. We left disposable film cameras (1996 remember) on each table and encouraged everyone to take lots of pictures at the reception and leave the cameras on the tables when they leave (we ended up with tons of pictures of the reception). There are a ton of ways to cut costs for even a large wedding. And of course you don't need a 2 ct ring or whatever people are buying these days. If she needs that you probably don't need her.

Don't do that...you'll make yourself miserable. +1 How long until you're living in a cardboard box, eating nothing but ramen noodles, and going into the library to log on and check your portfolio every day?

I would assume that when most cars have this feature, that'll be more or less a thing of the past. Much reduced, yes, but only a thing of the past after there are no longer any human controlled vehicles on the road and no way for a human to take control of any vehicle. Otherwise there will always be the occasional human causing carnage on the roadways. This nutcase turned my 20min commute to over 2 hours on Friday: Good Samaritan stabbed and her car stolen Carjacking leads to multiple-vehicle accident and highway shutdown in Nashua

Another impressive article here. I didn't realize it would take over from you to save you from crashing. Tesla Model S autopilot takes over and saves driver from collision — watch it here

Oh god no, I hope Space X continues to focus on getting to Mars and doesn't decide to become a military contractor focusing on helping the megalomaniac ruling class destroy the Earth. Then again this is unlikely anyway. The only thing reusable rocket delivered bombs does is cut the costs of war. Since when does the government care about how much it spends on war? This isn't even a concern.

I've never owned a German vehicle, so I have no personal experience. But of course I have an opinion :), it is that they market their vehicles in the US as luxury vehicles, so they can get away with having poorer dependability. A high net worth individual will buy/lease a Mercedes or BMW new, then trade it in for another one after 3 years. So the people who buy them used are the ones getting screwed and the people who buy them new never really notice that they don't last very long. I have no problem with any company as long as they survive in the market without subsidies and bailouts, something which the american companies haven't been able to do.

The same way they survived when Asian companies produced higher quality vehicles at lower prices ... government bailouts. They won't. They don't have to.