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Technological Agorism Part III: AI & the Agora

There are two types of artificial intelligence: the rules-based, & the neural network-based approach. To illustrate the differences, I'll borrow an example from AI blogger Janelle Shane's book, You Look Like A Thing & I Love You, & pretend we're training an AI to recognize dogs.



Using a rules-based approach, we’d create parameters which the AI would then use to determine whether or not the thing it’s looking at, is in fact a dog. Our rules would include things like “must have four legs” & “must have tail,” etc. When all of our conditions have been satisfied, the AI will recognize a dog.

With a neural network-based approach, we show the AI images of dogs & it learns to recognize patterns. The more pictures of dogs we show it, the more accurate the AI becomes. Nowadays, this is usually the preferred approach & will be the subject of this article.

The interesting thing about the neural-network approach to AI - as we’ve already noted, is its reliance …
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Using Your Bitcoin





So we've got a wallet, we've invested in it, now what? Honest answer, start looking at all of the avenues to use your crypto. You will quickly realize that it's a lot like walking through your favorite store with $1000 cash in your pocket, the potential is limitless and the rabbit hole only gets deeper.

First and foremost, run a quick search for "vendors accept Bitcoin", what do you see? A relatively impressive, broad, and tempting list of companies. The list has grown substantially since around 2014, and includes a number of sites that appeal to the type of cyber enthusiast who would be attracted to crypto in the first place, places like The Pirate Bay, Newegg, and ExpressVPN. Additionally you can order Domino's Pizza, buy knick knacks off Etsy, or shop on Amazon.


For those who can't find a preferred vendor that explicitly accepts Bitcoin, well there are other options. For one, you can get a cryptocurrency debit card. Most operate on one of two methods for funding the card. You either have a crypto wallet that connects directly to the card, the type of service Coinbase offers, though not currently available in the US. The other option is to fund the card by depositing crypto into a card specific wallet, the type of service offered by bitpay. Generally, either method will convert your cryptocurrency at the time of purchase when used at any debit card accepting vendor.

All of this is pretty cool isn't it, especially if you're new investment wallet has gone from say $1000, to $1300 in value, you're practically able to spend free money at any place you'd like. What does all this mean for the future of cryptocurrency? Great question, and the answer is something that was foreseen a decade ago, when Bitcoin was started as a ledger. It means that Bitcoin will indefinitely become the most attractive, and most used currency worldwide. It's impossible to regulate so it's not subject to manipulation by Government, plain and simple. It gives humanity a way of holding onto what is truly theirs, tax free. Of course you'll be extorted into reporting your earnings on crypto, but why would you do that?

The operating platform for cryptocurrency is unmatched by any other currency to ever exist. Given enough time, and enough information shared about cryptocurrency, a large number of assets will be liquidated into cryptocurrency in some way, shape or form. As of 2017, the global market cap for money was greater than $80 trillion, that's only money, it does not include all other types of assets like gold, stocks, and real estate. The market cap for Bitcoin alone is currently at around $200 billion. When global markets begin to crash due to inflation and Government manipulation/intervention, there won't be a complete loss of value in the livelihoods of billions of people. That value has to go somewhere, and when cryptocurrency is so easy and available for use, well just do the math. The current price for 1 BTC is around $11,500, so in an ideal scenario where literally all value in fiat currency is siphoned into Bitcoin, you're looking at 1 BTC holding a value of $4.6 million. That's not an outrageous estimation, of course not all of that value will go into Bitcoin alone, there are other cryptocurrencies out there, but I didn't even account for the liquidation of real estate or stocks, which together hold much more value than money.

Cryptocurrency has an incredibly bright future, and in turn so does humanity.

Follow me on Twitter: @pop_toy


Find a list of useful links and citations for my market cap numbers below:

https://www.coinbase.com/card

https://bitpay.com/card/

https://www.coindesk.com/price/bitcoin

https://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/






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