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Stablecoins: The Next Gold Rush? – Article by Adam Alonzi

Stablecoins: The Next Gold Rush? – Article by Adam Alonzi


Adam Alonzi

What money should be has been explored by more than one economist. What it is, strange as it may sound, is also up for debate. Yet amidst these disputes, practical and abstract, there is consensus.

At this time the entire crypto market is valued between 380 and 560 billion USD. The value of all the world’s stocks is around 70 trillion USD. The daily volume of the Forex is 5.1 trillion USD. Despite the excitement it periodically sparks in mass media and high finance circles, crypto is barely a drop in the bucket.

As I stated in my response to Robert Shiller’s critique of Bitcoin, tokenization is a means of dividing an asset. Tokenization, easily dividing an asset among stakeholders, is a strength of blockchain technology. Tokens can represent abstract entities issued on the blockchain, but they can also be tethered to a piece of real estate, a work of art, a trademark, or a freighter of Chilean copper.

A Stablecoin is related to this concept. A Stablecoin (SC) is a cryptocurrency that is pegged to fiat currency or a commodity in a fixed ratio. Stablecoins are being developed by massive corporations like JPMorgan Chase and are being looked into by governments around the world. The backing of mature institutions, whatever your opinion may be of them, can give crypto credibility and capital to move forward.

At this time cryptocurrencies are for the most part speculative toys or safe havens for those expecting for the fiat system to implode. In any case, common use remains elusive. While milk and eggs can be bought with crypto, it is not a normal occurrence. The major barrier to this is volatility.

Stability could come after a stampede into crypto by a reasonable percentage of the world’s population. Some authors have claimed an economic catastrophe could precipitate an exodus from fiat, but this seems to spring from wishful thinking – the same sort gold bugs have been indulging in for the last half century.

This is not meant as disparagement of gold or its advocates. Gold is a fine investment, but the issue at hand here is common use, something gold is not likely to readily lend itself to ever again – at least not in its most familiar forms. Several Stablecoins are currently backed by gold. By doing so, they combine the benefits of crypto with the timeless tangibility of precious metals.

Stablecoins are digital representatives of an item that may not be readily divisible and therefore inconvenient or impossible to use for daily transactions. Very few shoppers would want to overnight a tiny gold nugget to an eBay seller. Those hoping for a speedy ingress of users should consider that an equally rapid egress could follow.

Slow and steady wins the race?

While more users and more merchants could curb price swings, how and when this will happen remains an open question. If stability is not established, at least for long enough to secure investor confidence, conventional cryptocurrencies will never outgrow their reputations as dangerous playthings.

Some members of the crypto community are philosophically opposed to Stablecoins because they betray the vision of total decentralization. High ideals can clash with reality. Decentralization is not a strong selling point for most folks. It is not easy to explain beyond “no one controls it”, which is as likely to make them feel uneasy as it is to instill confidence.

It’s not as though Stablecoins are taking anything from the crypto community. Aside from bringing in new converts, they also add diversity to the cryptosphere. An orchard of identical apple trees is doomed when the right pest arrives. Monocultures are inherently weak. A diverse financial ecosystem is a resilient one. The proliferation of new blockchain projects, as overwhelming as it may be, is good for all of us.

There are a plethora of cryptocurrencies aiming to be “just” mediums of exchange. Monero (XMR), Ripple (XRP), and Dash (DASH), for all their differences, are innovating and are finding their niches. Anonymity, speed, and low transaction fees are attractive, but is it enough to convince Uncle Fred to begin buying his sweaters with them?

Although some have nuanced algorithms managing their supply, Stablecoins make crypto more understandable to the average person. Finance and technology are boogeymen to most consumers; there is no need to make either more arcane or frightening than necessary.

Adolescence is difficult because we feel pressured, from within or without, to choose a path. We are under the impression that our choices are final and our one-dimensional trajectories are set. Whether Stablecoins are a passing phase or a critical bridge to the materialization of Satoshi Nakamoto’s original vision, they seem poised to become permanent fixtures in high finance and daily life.

Adam Alonzi is a U.S. Transhumanist Party member, writer, biotechnologist, documentary maker, futurist, inventor, programmer, and author of the novels A Plank in Reason and Praying for Death: A Zombie Apocalypse. He is an analyst for the Millennium Project, the Head Media Director for BioViva Sciences, and Editor-in-Chief of Radical Science News. Listen to his podcasts here. Read his blog here.

Finally, Rejuvenation is a Thing! – Fresh Interview with Aubrey de Grey by Ariel VA Feinerman

Finally, Rejuvenation is a Thing! – Fresh Interview with Aubrey de Grey by Ariel VA Feinerman


Ariel VA Feinerman
Aubrey de Grey

This interview was originally published here


What is ageing? We can define ageing as a process of accumulation of the damage which is just a side-effect of normal metabolism. While researchers still poorly understand how metabolic processes cause damage accumulation, and how accumulated damage causes pathology, the damage itself — the structural difference between old tissue and young tissue — is categorized and understood pretty well. By repairing damage and restoring the previous undamaged — young — state of an organism, we can really rejuvenate it! It sounds very promising, and so it is. And for some types of damage (for example, for senescent cells) it is already proved to work!

Today in our virtual studio, somewhere between cold, rainy Saint-Petersburg and warm, sunny Mountain View, we meet Aubrey de Grey, again! For those of you who are not familiar with him, here is a brief introduction.

Dr Aubrey de Grey is the biomedical gerontologist who researched the idea for and founded SENS Research Foundation. He received his BA in Computer Science and Ph.D. in Biology from the University of Cambridge in 1985 and 2000, respectively. Dr. de Grey is Editor-in-Chief of Rejuvenation Research, is a Fellow of both the Gerontological Society of America and the American Aging Association, and sits on the editorial and scientific advisory boards of numerous journals and organizations. In 2011, de Grey inherited roughly $16.5 million on the death of his mother. Of this he assigned $13 million to fund SENS research.

Note: If you have not read “Ending Aging” yet I suggest you to do it as soon as possible, and to be more comfortable with the ideas we are discussing below I highly recommend you to read short introduction to SENS research on their web page. Also if you are interested in recent news and up-to-date reviews about [anti]ageing and rejuvenation research the best place to look for is Fight Aging! blog. Finally, if you are an investor or just curious, I highly encourage you to take a look at Jim Mellon’s book “Juvenescence”.


Ariel Feinerman: Hello, Dr Aubrey de Grey!

Aubrey de Grey: Hello Ariel — thanks for the interview.

Ariel Feinerman: How do you feel 2018 year? Can you compare 2018 to 2017 or early years? What is changing?

Aubrey de Grey: 2018 was a fantastic year for rejuvenation biotechnology. The main thing that made it special was the explosive growth of the private-sector side of the field — the number of start-up companies, the number of investors, and the scale of investment. Two companies, AgeX Therapeutics and Unity Biotechnology, went public with nine-digit valuations, and a bunch of others are not far behind. Of course this has only been possible because of all the great progress that has been made in the actual science, but one can never predict when that slow, steady progress will reach “critical mass”.

Ariel Feinerman: In 2017 SENS RF have received about $7 million. What has been accomplished in 2018?

Aubrey de Grey: We received almost all of that money right around the end of 2017, in the form of four cryptocurrency donations of $1 million or more, totalling about $6.5 million. We of course realised that this was a one-off windfall, so we didn’t spend it all at once! The main things we have done are to start a major new project at Albert Einstein College of Medicine, focused on stem cell therapy for Alzheimer’s, and to broaden our education initiative to include more senior people. See our website and newsletters for details.

Ariel Feinerman: What breakthroughs of 2018 can you name as the most important by your choice?

Aubrey de Grey: On the science side, well, regarding our funded work I guess I would choose our progress in getting mitochondrial genes to work when relocated to the nucleus. We published a groundbreaking progress report at the end of 2016, but to be honest I was not at all sure that we would be able to build quickly on it. I’m delighted to say that my caution was misplaced, and that we’ve continued to make great advances. The details will be submitted for publication very soon.

Ariel Feinerman: You say that many of rejuvenating therapies will work in clinical trials within five years. Giving that many of them are already working in clinical trials or even in the clinic (like immunotherapiescell and gene therapies) do you mean the first — maybe incomplete — rejuvenation panel, when you speak of early 2020?

Aubrey de Grey: Yes, basically. SENS is a divide-and-conquer approach, so we can view it in three overlapping phases. The first phase is to get the basic concept accepted and moving. The second phase is to get the most challenging components moving. And the third phase is to combine the components. Phase 1 is pretty much done, as you say. Phase 2 is beginning, but it’s at an early stage. Phase 3 will probably not even properly begin for a few more years. That’s why I still think we only have about a 50% chance of getting to longevity escape velocity by 2035 or so.

Ariel Feinerman: Even now many investors are fearful of real regenerative medicine approaches. For example pharmacological companies which use small molecules, like Unity Biotechnology, received more than $300 million, in much more favour than real bioengineering companies like Oisin Biotechnologies, received less than $4 million, even though the biological approach is much more powerful, cheap, effective and safe! Why is this so in your opinion, and when can we see the shift?

Aubrey de Grey: I don’t see a problem there. The big change in mindset that was needed has already occurred: rejuvenation is a thing. It’s natural that small-molecule approaches to rejuvenation will lead the way, because that’s what pharma already knows how to do. Often, that approach will in due course be overtaken by more sophisticated approaches. Sometimes the small molecules will actually work well! It’s all good.

Ariel Feinerman: Do you agree that the small-molecule approach is generally the wrong way in the future rejuvenation therapies? Because they have many flaws — especially their main mechanism via interference with human metabolism. Unlike them SENS bioengineering therapies are designed to be metabolically inert — because they just eliminate the key damage, they do not need to interfere with metabolism, so it is much easier than usual to avoid side effects and interactions with other therapies. They just eliminate the key damage, which means they are easier to develop and test — and much safer.

Aubrey de Grey: Ah, no, that’s too simplistic. It’s not true that small molecules always just “mess with metabolism” whereas genetic and enzymatic approaches eliminate damage. Small molecules that selectively kill senescent cells are absolutely an example of SENS-esque damage repair; the only thing against them is that it may be more difficult to eliminate side-effects, but that’s not because of their mode of action, it’s because of an additional action.

Ariel Feinerman: In recent years many countries gave the green light for regenerative medicine. Fast-track approval in Japan, for example, allows for emerging treatments to be used so long as they have been proven safe. The similar approach works in Russia. What about the EU or USA?

Aubrey de Grey: There’s definitely a long way to go, but the regulatory situation in the West is moving in the right direction. The TAME trial has led the way in articulating an approvable endpoint for clinical trials that is ageing in all but name, and the WHO has found a very well-judged way to incorporate ageing into its classification.

Ariel Feinerman: Do you think of working with USA Army? As far as we know they conduct research on regeneration and are very interested in keeping soldiers healthier for longer. And they have much money!

Aubrey de Grey: The Department of Defense in the USA has certainly funded a lot of high-impact regenerative medicine research for many years. I’m sure they will continue to do so.

Ariel Feinerman: Is any progress in the OncoSENS programme? Have you found any ALT genes? Is any ongoing research in WILT?

Aubrey de Grey: No — in the end that program was not successful enough to continue with, so we stopped it. There is now more interest in ALT in other labs than there was, though, so I’m hopeful that progress will be made. But also, one reason why I felt that it was OK to stop was that cancer immunotherapy is doing so well now. I think there is a significant chance that we won’t need WILT after all, because we will really truly defeat cancer using the immune system.

Ariel Feinerman: Spiegel Lab has recently published an abstract where they say they have found 3 enzymes capable of breaking glucosepane. Very exiting info! When can we hear more on their research? Revel LLC is a very secretive company.

Aubrey de Grey: They aren’t really being secretive, they are just setting up.

Ariel Feinerman: When can we see the first clinical trial of glucosepane breaker therapy?

Aubrey de Grey: I think two years is a reasonable estimate, but that’s a guess.

Ariel Feinerman: What do you think of the Open Source approach in rejuvenation biotechnology? The computer revolution in the early 2000s has taken place only because Open Source caused an explosion in software engineering!

We have many examples when Big Pharma buys a small company which has patents on technology and then cancels all research. In the Open Source approach you cannot “close” any technology, while everyone can contribute, making protocol better and everyone can use that without any licence fee! Anyway, there are countries where you cannot protect your patents. Maybe it will be better to make technology open from the beginning?

Famous biohacker Josiah Zayner said: “In the gene therapy world most treatments are easy to replicate or pirate because you can reverse engineer the DNA from scientific papers or patents. Same exact treatment, same purity and quality I could give to someone rejected from the clinical trial. The cost? Hundreds or a few thousand dollars at most. Same deal with immunotherapy.”

Aubrey de Grey: I think you’ve pretty much answered your own question with that quote. The technologies that will drive rejuvenation are not so easy to suppress.

Ariel Feinerman: Is the SENS RF going to begin new research programmes in 2019?

Aubrey de Grey: Sure! But we are still deciding which ones. We expect that our conference in Berlin (Undoing Aging, March 28–30) will bring some new opportunities to our attention.

Ariel Feinerman: What are your plans for 2019?

Aubrey de Grey: I’d like to say less travelling, but that doesn’t seem very likely at this point. Really my goal is just to keep on keeping on — to do all I can to maintain the growth of the field and the emerging industry.

Ariel Feinerman: Thank you very much for your answers, hope to see you again!

Aubrey de Grey: My pleasure!

Ariel VA Feinerman is a researcher, author, and photographer, who believes that people should not die from diseases and ageing, and whose main goal is to improve human health and achieve immortality. If you like Ariel’s work, any help would be appreciated via PayPal:

Blockchains Instead of Beggars: Could Cryptocurrencies Unleash Universal Basic Income? – Article by Nicole Sallak Anderson

Blockchains Instead of Beggars: Could Cryptocurrencies Unleash Universal Basic Income? – Article by Nicole Sallak Anderson

Nicole Sallak Anderson

Editor’s Note: The U.S. Transhumanist Party features this article by Nicole Sallak Anderson as part of our ongoing integration with the Transhuman Party. This article posits a creative approach toward fulfilling one of the U.S. Transhumanist Party’s objectives – the achievement of a Universal Basic Income (which is advocated for in our Platform and in the Transhumanist Bill of Rights, Version 3.0). We advocate a wide variety of emerging technologies, including cryptocurrencies, as well, and we endeavor to contemplate ways in which such technologies can solve deep-rooted societal problems by altering people’s incentives, hopefully in positive directions. This article was written in February 2018, just past the peak of the cryptocurrency bubble, but it looks beyond that bubble and envisions more sustainable functions for cryptocurrencies beyond speculation – for instance, achieving the goal of providing a basic income and integrating activities that create external value in the community with rewards for the individuals who engage in such activities. We continue to encourage our members to contemplate possibilities for implementing a Universal Basic Income in realistic ways that would harness new technologies for incremental progress toward the goal and would not require revolutionizing the entire world at once. 

~ Gennady Stolyarov II, Chairman, United States Transhumanist Party, January 6, 2019

Cryptocurrencies are America’s latest capitalist playthings—from Bitcoin’s Christmas surprise of over $14K per coin, to the Bitcoin Cash fork of August 2017 and BitFury’s success in negotiating blockchain contracts in both Georgia and Dubai, cryptocurrencies, and the technology that powers them, went from being anarchists’ obscure hobby to the latest shiny object that the financial markets are drooling over. While cryptocurrencies are still a ways off from becoming actual currencies that can be used to exchange goods, they have proven to be valuable assets in today’s markets. Moreover, the blockchain technology that underpins said currencies has begun to gain momentum as an advanced application for the encryption and storage of data. Many see it as the natural evolution in the digital age.

For those of you who don’t know what blockchain technology is read here, or if you’re interested in cryptocurrencies in general, read here. People much savvier than I can teach you the technical details. Today I want to discuss practical implementations.

In the past two years, cryptocurrencies have made a lot of young people, and already rich old people, very rich. Cryptocoins and blockchain applications are the latest innovation to encourage the American rags-to-riches mythos, and I don’t see their bubbles popping anytime soon. Yet is seems like all of this is creating just another set of 1% who are wealthy, while most miss the boat completely, and this is the complete opposite of what many of the early adopters had envisioned—rather than creating a new cryptoclass, the blockchain was supposed to emancipate humanity.

This has me thinking…how could blockchain technology be used to create currencies that support a universal income? I’ve written before about universal basic income, from both a practical perspective and a feminist perspective. Most people argue there isn’t enough money out there to create a sustainable world where everyone is fed. I’ve long called bulls**t on this. Technologically we can now feed the world, so what’s holding us back? The food can be farmed in labs and it can be distributed to the most remote locations on Earth. Why then, does much of it rot in holding areas? Or never even get planted, while children die of starvation in our streets? Even in America, child poverty is rising with 30.4 million children daily in our country using the National School Lunch Program in their schools.

To me, the growing poverty in the “Land of Opportunity” is a universal lack of love on every citizen’s part, not a money problem. However, if everyone’s convinced that there aren’t enough American dollars to go around so that we can guarantee housing, food, and clothing to our fellow brothers and sisters, then perhaps it’s time to make more money, and not the kind you can hold in your wallet.

The way to create a new economy based on care and commonwealth may be to create a new currency with community as its only goal, rather than profit and greed, and what better way to do this than with a cryptocurrency? Why not build a crypto-token that is secure, hard to hack and trackable, whose purpose was to provide liquid resources to the most vulnerable members of society?

This last feature – traceability – is very important.  In principle it would be a clear advantage over fiat currency welfare systems, since the cash economy is only partially measurable in terms of mapping demographic groups to purchase/usage patterns. For fun, let’s call the new currency, LifeCoin, created not to get a bunch of miners and traders rich, but instead to be shared from person to person, growing as we all grow in wealth, a true peer-to-peer network both technically and socially.

A currency whose aim is to provide a universal basic income would need to have the following properties:

1)      It would need to be easily distributed to all citizens in the network 18 and over. Thus, a wallet that accepted LifeCoin, identifiable by the currency platform would need to be created.

2)      It would need to be accepted by all businesses that provide shelter (banks, landlords, etc.), food, clothing and healthcare. Thus a networked payment system that accepted LifeCoin and linked up to user’s wallets would need to be created. It needs to be seamless and provide incentives to services providers for honoring the LifeCoins as currency, thus the traditional fee structures in place for money exchange would need adjustment.

3)      It would need the ability to be changed into other currencies at the owner’s discretion. Thus the LifeCoin would need to be accepted on a decent number of exchanges.

This is a minimum list of technological needs, but at its most basic, a currency needs to be able to flow throughout the society if it’s going to be a true universal basic income solution.

Essentially there are two ways the LifeCoin could be created, either by the government, or by us, the citizens in an act of goodwill.

How could a government create and issue LifeCoin responsibly? There are probably many answers to this, but I think LifeCoin could be implemented by local governments that are looking to use blockchain technologies to manage and secure their data. Governments collect more than taxes, they’ve long been keeping track of our data, such as births, deaths, marriages, land titles, county employee information, driver’s license information, school information, health information and even voting registration and ballots. All of this information needs to be managed, and many governments are starting to consider using blockchain technology to do just that. Take the country of Georgia, who has uploaded over 100,000 land titles to a blockchain network created by BitFury. They have decided that using blockchain smart contracts will help them prove land ownership as Russia slowly begins to occupy more and more of their land. Dubai has also decided to use the Ethereum architecture to manage its data and bring their country into the 21st century.

Many other countries have taken notice. In Haiti, for example, after the earthquake in 2010, the first building to fall into ruin was the building that held all of their public records. In seconds, all the paperwork that documented who owned what land was gone. My own town of Santa Cruz, CA, is always under earthquake threat, could moving their local government data to a blockchain system help them in the long run? Of course it can.

Money will be saved by adopting these new technologies for data management. According to an article in August 2017, the government of Dubai expects to, “Reduce the cost of document processing by billions of dollars through eliminating manual processing of residencies, passport documentation and visas through a partnership with ConsenSys.

Billions of dollars, eh? And what to do with those savings? Why not redistribute them back into the community as a universal basic income? This can be done by tokenizing the endeavor, and backing the initial release of the coins with the savings the governmental entity receives.

As governments begin to implement various blockchain schemes to manage their data it is the ideal moment for them to tokenize the blockchain ledger they’re creating and distribute those tokens to their citizens as a universal basic income.

Consider Santa Cruz. Recently named the fourth most expensive place to live in the nation, it is estimated that our cost of living is 81% higher than the national average and our housing costs are 208% higher than the national average. When I drive down the street near town, I see tents nestled in along the highway, back near the fences and hidden in tall grasses. At night, when you pass our city hall, the courtyard is filled with people in sleeping bags, trying to find a place to sleep. Beggars line our downtown mall. Truly if any town needed a universal basic income, it’s ours.

Perhaps UBI begins at home with our local city council opting to invest in building a blockchain ledger using Ethereum to manage all contracts regarding land in the county as well as all legal documentation and contracts stored in the courthouse. The project includes tokens that are backed by the city at first with the monies annually saved by efficiently managing and securing their data. These tokens are distributed evenly to every citizen over 18 on a monthly basis.

As time goes on, more data can be added to the ledger and with each savings by switching from the manual handling of the data to digital networks doing the job, that money is used to issue new coins to citizens. The basic income could start at one number, say $500/month with the intention of growing to a final amount that can sustain a human being within the county.

In addition, more tokens are created as incentives to encourage people to enter the system as miners to help maintain the ledger. This is the decentralization aspect, the data is stored across hundreds of servers rather than just one. Thus everyone gets a set amount, but those who mine create more coins that they can use to purchase items in the community, or trade on the exchange, thus increasing the value of the tokens. Tokens can also be given to businesses as a means of encouraging them to accept LifeCoin as payment for their goods and services. With time, the currency spreads throughout the city and county, and as a result is accepted at more and more locations. None of this is because we “took” money from somewhere else. Using blockchain technologies, money was freed up to invest in a new currency, one that exists for the sole purpose of providing a living to our citizens.

Now, this is a very basic sketch of the system, and one I’m not able to complete. I’m merely putting it out there as something to debate and discuss, with the hopes that minds much more crypto than mine can see that their work has this potential. And perhaps to get the political dialogue rolling. This has to start somewhere and we can’t wait for our federal government to help. I also realize that as with any monetary system, cryptocurrencies may not be able to address the potential inflation and deflation associated with a universal basic income.

My good friend and fellow Medium writer, John Eden, put it perfectly:

“My view is that the real worry about crypto-powered UBI has nothing to do with the power of the blockchain from a tech POV.  The problem is that any economic system with a fixed or variable amount of tokens can and will experience inflation and deflation.  To me, this basic economic fact can’t in any way to neutralized by blockchain.  The implication of this is that the token one designs for UBI must be created in partnership with some pretty thoughtful economists so that a method of adjusting the value of the token relative to the wider economy is built into the token infrastructure.  After all, you don’t want to create LifeCoin only to see inflation ruin it’s core purpose – i.e., giving the most vulnerable members of society the ability to live a decent life.”

I’m not sure where we’d find those thoughtful economists. Can our local governments implement a token system to help the poor while keeping in mind the long term economic monetary policy goals? The blockchain might not save us from this issue, but the currency created can be set up with a new set of rules than our regular fiat, especially since it would be it’s own new market, individualized at the local level. We’ve been manipulating the markets forever, is it any different for a township to create it’s own currency to establish a standard of living?

We could also leave the government out of this and instead take responsibility as private citizens, creating a universal reward token ourselves. Private citizens can create a coin that is then given to those who need it. This work has already begun. GrantCoin was established in 2015 with the intent of providing a UBI to those who meet their criteria. However, this feels more like charitable handouts than a true UBI, for it’s still based on need, which requires judgement by a group of people who get to determine whether or not you really need it. Universal Basic Income is not only about providing the basics to all in a world of plenty, it’s also about freeing us from the judgments of others. We all receive a universal basic income, that’s what makes it universal, and we’re trusted to do what we should with it. Still, GrantCoin is a good start.

Another idea that caught my eye was the concept of gamifying cryptocurrencies as a means of deploying them. In an incredibly passionate plea to save cryptocurrencies from big business, author Daniel Jeffries writes,

By gamifying money distribution, we spread it far and wide across the playing field, as fast as possible, and guarantee that the system becomes viable. We bootstrap the system from banana republic to global powerhouse. That will bring powerful economic players into the system, who will then be incentivized to protect it and expand it.

If we move swiftly, we can unleash the true power of the blockchain to unlock the frozen reserves of human potential, rise from the ashes of our crumbling political systems and rocket into a whole new level of economic potential and development.”

He goes on to explain how by using a killer gaming app along with a universal reward token, one could possibly build a cryptocurrency that is completely decentralized with the possibility to not only fund life, but allow the movement to build into smart contracts and other aspects of civilization. Instead of the government initiating the move to the blockchain, private citizens do it for each other, via games so fun to play, we play them for a living. His article is a worthy read if this sort of idea floats your boat.

This may seem a bit pie in the sky, and on some level it is, but when thinking about the future of money we have the ability to write a whole new story, so why not base it upon joy and games?

Regardless, as financial firms explore the possibilities that platforms like Ethereum bring, it may benefit us to begin to probe our local governments into doing the same. However, instead of keeping the profits for themselves, they could the adventure to create new systems of money that promote life and health for all citizens.

Nicole Sallak Anderson is Computer Science graduate from Purdue University, and former CTO for a small Silicon Valley startup, turned novelist and blogger, focusing on the intersection of technology and consciousness. In addition to rebooting her eHuman series, she recently sold a historical fantasy trilogy about the Great Egyptian Revolt of 200 B.C. She currently lives in the beautiful Santa Cruz Mountains in California with her husband and teen-aged sons, where she raises goats and bees. She enjoys spinning, knitting, playing the bass, and dancing, particularly the tango. Visit her blog at eHumanity: The Intersection of Consciousness and Technology

Telomere Coin Announcement by Dr. Bill Andrews and the defytime Group

Telomere Coin Announcement by Dr. Bill Andrews and the defytime Group

logo_bgBill Andrews
defytime Group

Editor’s Note: The U.S. Transhumanist Party’s Biotechnology Advisor, Dr. Bill Andrews, provides information regarding an innovative effort to fund his longevity research via the new Telomere Coin cryptocurrency. Dr. Andrews has long pursued the goal of lengthening human telomeres and reversing biological aging. The U.S. Transhumanist Party will provide more information regarding the Telomere Coin as it becomes available. The above video was created by the defytime Group. To find out more about defytime and the Telomere Coin, read the whitepaper here. The U.S. Transhumanist Party considers the Telomere Coin to be an Allied Project and looks forward to the results of this innovative approach in raising much-needed funds for the work of Dr. Andrews. 

~ Gennady Stolyarov II, Chairman, United States Transhumanist Party, May 8, 2018

Message from Dr. Bill Andrews: The Telomere Coin could be the best opportunity ever to get funding for my research.  The Initial Coin Offering (ICO) hasn’t started yet but will in July. But, now there is a pre-sale of the coin underway for investors to buy coins at a lower price. To buy the coins go to and click “Go to ICO” and then click on “Join Pre-Sale”.

A Word on Implanted NFC Tags – Article by Ryan Starr

A Word on Implanted NFC Tags – Article by Ryan Starr


Ryan Starr

TL;DR – CALM DOWN. No one is forcing you to be chipped and you can’t be tracked or hacked.

So, I’ve seen a lot of people lose their minds over a Wisconsin company, Three Square Market (32Market), implanting NFC tags in their employees. Everyone just stop and a take a deep breath. You likely have no actual understanding of what the tag is or how it works, so let me tell you. I got one last year – an xNT, the original implantable NFC tag, from the company Dangerous Things ( It is exactly the same as what Three Square Market is offering to their employees. I know what it is and is not capable of doing. But let’s back up for a second.

First, the company is not forcing any employee to get it. There are several companies around the world who have offered the same thing (no, they are not the first) and no one has ever been forcibly implanted. Period. EVERYONE I have come across in the biohacking community is vocal about this NOT BEING MANDATORY. It is a choice, and we want to keep it that way. Furthermore, there is a growing political movement that specifically addresses concerns about bodily autonomy and preventing implants from becoming mandatory.

Now, to the most common concerns I’ve seen:

Can your tag be tracked?

NO. It is not a GPS device or even an active piece of electronics. It is a passive chip and antenna that pulls power from the device used to read it. The tag is the size of a grain of rice, and even if we wanted to cram active electronics in there, we can’t.

Can your tag be hacked?

NO. As I said above, these are passive devices that require power from a reader. In order to do so, the reading device essentially has to be placed directly on your tag (typically implanted in the hand) and held there still for several seconds. Also, some readers don’t read very well because of antenna differences. If someone really wanted to steal your stored data, they would have to physically attack you, restrain you, and then read your tag. If that were the case, you have bigger problems than someone reading your 800 bytes of information. But in the very unlikely event that someone did try to do that to you, don’t worry, because you can password-protect your tag.

So what are they good for?

PRIVACY AND SECURITY. Yes, you read that correctly. When I first saw NFC tags being implanted, I had many of the same privacy concerns that many of you do. But then I started actually researching the technology. NFC tags (implanted or not) can be used to lock and unlock devices and are more secure than a password or a fingerprint. Of course, implanting one means you’ll never lose it, and it will never get stolen. You can unlock your android phones, unlock your doors, safes, and padlocks (with specific NFC enabled hardware), and if you’re particularly good with electronics, you can rig up many Arduino or Pi-based devices that read and respond to your tag.

There are other cool things you can do. You can store links, digital business cards, Bitcoin wallets, or just generic text. But also understand that this technology is fairly new, and associated hardware are even newer. This is ground-level development going on, and because of that we can steer the development to ensure privacy and safety for the user. There is not a greedy corporation running the industry, just passionate hobbyists who are just as concerned about privacy as you are.

If you want more information, I highly suggest just asking someone who actually has an NFC tag or visit

Ryan Starr (R. Nicholas Starr) is the is the leader of the Transhumanist Party of Colorado and founder of the Transhumanists of the Sierras