Wouldn't want any kind of options, anywhere, to get explored, without advance notice to HFTs? What's that F stand for again?
Pentagon Inks Deal for Smartphone Tool That Scans Your Face, Eyes, Thumbs
But, Apple Patent Shows Future of Biometrics Isn’t Security
Sure it isn't. Just means that security - for the 1% - means distributed biometrics, and concentrated/accelerated access.
Does that mean the next ad zappers will be:
1) sand paper for grinding off your finger prints? :(
2) contact lenses to hide your retina?
3) groucho marx disguises? to alter lip, nose & inter-orbital metrics?
4) Burkhas for EVERYONE!!
5 Hot stock tips?
Whomever makes sand paper? :)
Indie lens makers, glasses/contacts lacking chips/other ID codes.
99 cent stores (cheap trinkets & make up material).
Whomever weaves black cloth, or tangled webs?
Common Sense? People first? Dynamic value over static value? Peasant logic?
How do we invest in those areas? How do we invest in democracy?
Old plots used to feature people tempted to sell their sould to the devil, in return for static value. Today's equivalent is selling your citizenship rights to the 1%, in return for angry birds, farmville and facebook. The devil now seems to be revealed as our own bad habits. I guess the good news is that we have our bad habits down to about 1%. The bad news is that those 1% are extremely bad habits, and I ain't talking about nunswear. Better to wear nothing at all, and cuss a blue streak - as long as we can can hoard distributed capabilities which grow dynamic value faster than static value. When it comes to evolution, it's more thorough to not let your possessions constrain your capabilities. Bean there, patched that.
Old plots used to feature people tempted to sell their sould to the devil, in return for static value. Today's equivalent is selling your citizenship rights to the 1%, in return for angry birds, farmville and facebook. The devil now seems to be revealed as our own bad habits. I guess the good news is that we have our bad habits down to about 1%. The bad news is that those 1% are extremely bad habits, and I ain't talking about nunswear. Better to wear nothing at all, and cuss a blue streak - as long as we can can hoard distributed capabilities which grow dynamic value faster than static value. When it comes to evolution, it's more thorough to not let your possessions constrain your capabilities. Bean there, patched that.
5 comments:
HFT is bad enough. Pervasive CFT is even worse. Control Fraud Trading. Setting up rules to further instill and perpetuate Control Fraud.
You should look at the massive rollout in India
My Aadhar card
Aadhar-enabled payment system
UIDAI
Interesting, Clonal. Looks like the emerging trend as we migrate en masse into the global digital age.
I know the people who started this. They have taken many steps to prevent misuse. It is actually aimed at helping the weakest - the ones the vultures attack.
EVERY system is always attacked. That's the point.
LOTS of things worked well in India ... and then the Brits showed up to steal it all. You name the victims/crooks in other settings. Only the names change. Crooks from somewhere show up at every watering hole.
Our biggest losses seem to come from our own randomly isolated bits of momentum.
orthodox economics saying that banking operations don't matter to theory
orthodox economists advising all regulatory agenceis that fraud basically doesn't exist, and if it does, it doesn't matter
People gaining more experience always learn to just practice select from the emerging operations, regardless of what theory says.
Theory only applies after the fact 99.9% of the time. One recurring problem is that we get cocky and quit integrating all our emerging operations.
Claim: "No one could have predicted these emerging interactions & interdependencies."
Bullshit. Some people somewhere always see stuff emerging. Bureaucracies just don't listen well enough to what their own electorates already know.
Why? Isolation produces ignorance, then a perceived gain to lose, then rationalization and denial. Generic frictions that go away fastest with accelerated practice.
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