The Chicago Board Options Exchange will not add a new Bitcoin futures market his month.
The Chicago Board Options Exchange (CBOE) will not add a new Bitcoin (BTC) future…
The Chicago Board Options Exchange will not add a new Bitcoin futures market his month.
The Changpeng Zhao led Binance has been on the uptrend, with the company launching several products and locking in on several new partnerships. Taking the requests from several users in the cryptocurrency space, Binance has decided to take another step forward by adding Monero [XMR] trading pairs to its fold. On March 14, the cryptocurrency exchange […]
The post Monero [XMR] trading pairs with Binance Coin [BNB] and Tether [USDT] announced on Binance appeared first on AMBCrypto.
French clerks of commercial courts will use a blockchain platform developed with IBM to record changes in companies’ legal status.
French commercial court clerks will us…
Cryptocurrencies are broadly thought of as decentralized, trustless digital assets that can be transferred peer-to-peer. However, based on the process by which most cryptocurrencies are transferred today, it is clear that we are still relying on interm…
Ethereum (ETH) started to diverge from Bitcoin (BTC) around the end of February, 2019. This led to a state of confusion in the market as investors were confused whether to follow ETH/USD or BTC/USD. This was a strong indicator of the disconnect between…
The Chicago Board Options Exchange announced today that it will not be adding any new Bitcoin futures of any kind this month. They went out of their way to announce as much, likely to tamp down the rowdy crypto press, who have a tendency to latch onto …
Cryptocurrency supporters have been discussing an early version of the original Bitcoin source code that surfaced this week. An old forum post and mailing list letter written by Satoshi suggests there was a private version of the code distributed to a few people before the launch of the network on Jan. 3, 2009. Also Read: […]
The post Satoshi’s Pre-Release Bitcoin Code Contains Some Fascinating Findings appeared first on Bitcoin News.
The Foundation for Interwallet Operability [FIO] surveyed more than 200 active cryptocurrency users in 2018 and reported that three quarters [75%] of the surveyed crypto users were skeptical about their digital transactions going through as planned. As new users were added to this list, the results went up to 81%. Numerous steps were taken by […]
The post Cryptocurrency adoption: FIO report finds that 75% of crypto-holders fear failure of transactions appeared first on AMBCrypto.
White hat hackers have reportedly detected over 40 bugs in blockchain and cryptocurrency platforms over the past 30 days.
White hat hackers have detected over 40 bugs in…
How free are we to “choose” in a digital ecosystem?
Your choices define your world.
Time and again I’m stuck by this phrase “We are just living probabilities”. What we are today is due to a set of choices we made in our past, and that feels very relatable to me. If instead of ‘A’ I would have chosen ‘B’, I might have been a totally different person today. The choices you made while picking up your college, choosing your field of interest, choosing companies to work with, selecting your best friends, selecting the person to date, selecting the city you live in, the food you eat, movies you would watch, books you’d read, skills you would learn, all of them left an impact on you and shaped you as a person.
The interesting thing with the real human life is that our choices are our own. At least I’d like to believe so. I am aware there is a parallel theory, which talks how everything you do is pre-decided, not truly in your hands and that free will is an illusion.
But in either case, one thing which is true is the diverse set of options. We have options and not all of them are truly Boolean, a lot of them are in grey.
A simple example would be, you like a person: yes or no? This is not a Boolean question. There is not essentially, pure liking or pure hating a person, it has a lot of different aspects to it, maybe you love the person, may be you hate the person, you admire the person, you would want to like the person or the existence of that person just doesn’t matter, etc. We are so full of complex feelings, emotions and perspectives. They are not that Boolean.
Well if you are in neural nets, you may say assign weights to the features that make you like/dislike the person and the absence/presence of every single feature would decide the final result, so it’s kind of Boolean at the lowest level, but let’s not go that deep. We are talking about things that we as humans feel, understand and connect to.
The number of choices we can make is indefinite and best part is you can define your own.
No doubt there is always a given, based on what society/family/institution you are part of, but you have a choice to change that as well and a choice to not pick up from the given but seek something totally different. This is how our real lives feel like. If not truly free, it definitely successfully gives us the illusion that it is.
Having accomplished that fact, let’s figure out what happens when we try to shift into digital world.
How do our lives get impacted in the digital world?
We are trying to map our lives in digital spheres so desperately, we need everything online, from food to friends, to jobs, to date, to music, to movies. All of these vital components of our life are now provided to us via digital medias and hence it becomes a question of interest as to how our choices get reflected on the digital medias.
In digital medias, choices are presented as menu bars, where the developer (of any tech company) decides what all is to be put. And since it’s a capitalist, attention economy, we cannot really trust them with providing us unbiased choices, and that affects our experience with the digital world. Technology provides us with a “limited” set of options and at times prompts us to take certain actions. Let me explain on this using two design examples on Instagram.
You can follow someone or unfollow them, mute the posts or both the stories and the posts, you can add to your story or edit close friends list or block a user, unsend a message or mark as unread etc. It is a proper architecture and we can operate only within that. Referring back to the example we started off with, either you can like a person that equivalent to a “follow” or not. They added features like close friends and mute stories etc. to reflect the real life range of relations but still the set of options you can add to a platform are just so limited, by design. Needless to say this architecture has also made us susceptible to lot of content we could have easily ignored and moved on with in real lives.
A really intriguing feature is “Stories”. The people you follow can make you see whatever they want at any time and you can do vice versa. This is an altogether different kind of communication. Previously, we did keep in touch with fellow humans but that was decided by us, what date and time of the day we want to do that, it was never this instantaneous and out of our control. Also, we used to decide on the topics we would want to communicate on and the conversation was decided by the two involved.
Conversation was decided by the two involved in the dialogue.
“Stories” changed it to one sided, where each person shows what s/he wants to, irrespective of what others want to see. We are not provided with enough choices in this case. It’s difficult to conclude if it’s right or wrong but it’s important to acknowledge that it’s a very different kind of communication that has never existed in years, since humans had their first dialogue.
Another example I would like to bring in notice is this:
I was getting frequent notifications that were distracting me from the task at hand so I decided to mute them. I really wanted them to be muted forever, my thought process being that let me decide when to open the app. I will open it once a day, address all the notifications and then leave it rather than every push notification dragging me back to open the app and spend more time there. But to my surprise, when I go to Settings, this is what I see.
I had no choice to mute it forever.
The max I was allowed was for 8 hours. The reasons are quite simple and the bias towards profit for the company is clearly visible. One can say that you always have the option to uninstall the app or put your phone to silent, but we all know how feasible that is. The core essence being you should be provided with an option at the least, an option within the architecture of whatever application you are using.
So through and through, while your usage of the app, you are dictated a set of options from which you have to pick. That decides and controls your digital life.
This is humorously serious, because as I look at it I realize that I am exposed to unwanted crap content because I am not given the “choice” to avoid it, I am having friend list with unrealistic number of people on the list because I was not provided with a choice to regulate the size of it anywhere, I can react to most posts in only one of these five forms
Though most of the posts I see are crap and my reaction to them is mostly a facepalm, I don’t have the choice for that emoticon in this tray.
Hence, whether or not free choice is an illusion in real life, one thing that we are certainly sure of is that our digital lives are definitely devoid of that. The only choices that we are allowed to make on digital platforms are the ones from a thoughtfully placed and biased set of options well curated by the developers in the favor of the companies they serve.
This post is authored under the concept of Summer of 90s.
Summer of 90s is an initiative to consciously analyze our usage of tech and spread awareness about the issues it brings along like digital privacy, security, tech addictions and design ethics.
You’re welcome to join us in the cause!
Snap. Inc shares are soaring after analysts at BTIG have turned bullish on the outlook for Snapchat. Up more than 12% on the day, there were a couple of notes from BTIG analyst Richard Greenfield that got volumes surging in the fledgling tech company. …
The Stellar Development Foundation (SDF), a non-profit organization founded in 2014 to support the development and growth of the open-source Stellar network, today announced that it has named Denelle Dixon as its Executive Director and Chi…
Digital Currency Group and Polychain Capital have become the latest high-profile investors in the physically-delivered crypto futures exchange Coinflex. Coinflex Gaining Steam Coinflex presents itself as the world’s first physically-delivered cryptocurrency futures exchange. According to a press release, the platform has managed to attract two more high-profile investors in the face of Barry Silbert’s Digital Currency Group and Polychain Capital. They have joined a consortium of other investors in the project, including Dragonfly Capital Partners,
The post Bakkt Competitor Coinflex Sees Investments From Polychain and Digital Currency Group appeared first on Bitcoinist.com.
It is safe to assume that anyone with a working internet connection has heard of Facebook and its subsidiary, Whatsapp. Bloomberg reported on Dec 21, 2018, that Facebook is working on a cryptocurrency that will let users transfer money on its Whatsapp …
Popular bitcoin and crypto exchange company Coinbase announced today that its users can now store XRP directly in the Coinbase Wallet app. Coinbase Wallet already supports Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, and over 100,000…
Bitcoin’s Lightning Network has become one of the most popular topics in the cryptocurrency space. Lightning Network is a second-layer mechanism used for transmitting off-chain payments by utilizing the security of the Bitcoin blockchain. The channel enables two participants to create a channel for the purpose of transferring Bitcoin, without the need for recording it […]
The post Bitcoin’s [BTC] Lightning Network is semi-custodial banking, says Bitcoin Unlimited’s Peter Rizun appeared first on AMBCrypto.
During a panel focused on the Lightning Network and Bitcoin development at the recent 2019 MIT Bitcoin Expo, Jack Mallers, who is the creator of the Zap Lightning Network wallet, was asked to talk about what merchants need…
OAX Foundation and Solidus Labs have today announced a strategic partnership based around the shared objective of bringing digital asset trading into the mainstream. This is Solidus Labs’ first strategic partnership in Asia, and it reflect…
Hong Kong-based bitcoin exchange Gatecoin has said it is shutting down citing financial difficulty. The exchange suffered a $2 million hack in 2016 and hasn’t been able to recover the funds. However, Gatecoin blames a registered French payment service provider for paralyzing its operations. The payments company allegedly duped the exchange out of an unspecified […]
The post Bitcoin Exchange Gatecoin Shuts Down Citing Financial Difficulty appeared first on Bitcoin News.
The U.S. Senate voted today to block President Donald Trump’s emergency declaration at the United States-Mexico border. Following a weeks-long government shutdown and stalemate with House Democrats over funding to reinforce barriers on the southe…
Tom Lee made an extraordinary prediction in December, one that turned out to be false. He said Bitcoin would go way back over $10,000, which was an adjustment from an earlier prediction. Now, while Bitcoin trades sideways within a tight range but altco…
Coinbase, a U.S. based cryptocurrency exchange, announced in a blog post on March 13, 2019, that its crypto custodial service has been directly integrated with the Coinbase Over The Counter (OTC) desk to enable clients to transfer funds easily and quic…