Your conjecture is an embarrassment to this community.
118 karma · joined January 24, 2013
I collect down-votes, so help a brother out!
http://nwzpaper.com/journalistProfileStream?userId=4
Your conjecture is an embarrassment to this community.
Or does more regulation do anything?
Computer Fraud and Abuse Act, or 18 U.S.C. §1030
As far as the large sell order/volume strategy is concerned, that's just a market and the sellers would be taking a market risk with this behavior. It's not naked shorting.
Dumping shares into a thin market is a standard practice in every single regulated market around the world. LBO/Hedge Funds firms frequently engage in this practice to undermine confidence in a company with lots of debt and thin margins to scoop up the secured debt/preferred equity at a corresponding discount a gain control of the company.
Governments live and die by their debt issuance capabilities. In 2008, Hank Paulson saved the world through his altruistic service as Secretary Treasurer and saving our benevolent banks. The MIC needs money to enforce all of our legal contracts. Tesla didn't have a prediction to make because it is the same today as it was then.
Read some history, yo!
"Tragedy and Hope" is one place to start--not to be confused with finish.
Between corporate content, categories and so many human moderators it is going to be a battle as a viable business. My ad testing also showed a non-trivial percentage of their audience and traffic is <14 y/o.
Trivial information can be shared in 142 characters. Sure, T is used by some as an aggregator/reader/chat tool, but then what are we doing talking tech here at HN instead of on T? The format and structure just isn't optimal for these functions. It's breadth and no depth with that format and structure.
I never said gossip is of zero value, but I did say 142 characters will never be journalism. The legacy media structure is precisely why the world is in such a bad spot today. That you jest about journalism is just an example of the systemic problem in society writ large. What you should be complaining about is quality, not the function itself.
"Information is the currency of democracy." -JT
There are very few scenarios where a person can be physically threatened by the nature of their information. In those rare situations, anonymity doesn't protect the individual because the information is likely only privilege to a small group.
To identify content of public importance, you would need to identify which people the information is important to geographically and then determine the demand via market forces and then determine the trustworthiness of the content by evaluating the individual sharing the information.
You end up with a trust structure tied to publishing capability on a geospatial information system.
Already building it!
Addendum to the JS thoughts:
As people saw with RSS after reader went down, the data structure isn't consistent across the RSS world either. That makes the reader problem more complex than first perceived.
Rather than try to distill complex content and fit it into a para-structure, nwzPaper is designed to be a transparent third-party to standardize article format in the publishing form:
1) title 2) abstract 3) location pin 4) article body 5) media
Each article includes the journalist's name--not to be confused with the new legal distinction of blogger--and a link to his or her content inventory and a link to a structured "perspective" to interpret the journalist's information product through.
If a search engine or aggregator organizes third-party content there will always be an indexing/crawling delay. That makes traditional search brands only useful for non-news, historic information query and analysis.
Search was a big deal ten years ago because it got rid of categories, but it is insufficient for solving the news problem.
The recipe:
1) Geospatial information system 2) Transparency 3) Exclusively peer-generated content
The obvious hammer for this nail is just a radically transparent information system with accountability for public information an individual contributes to the public record.
Search algorithms are, largely, a commodity code now. Before you argue otherwise, the complexity and proprietary nature only arises when you try to show preference to less desirable content before other content information consumers desire. Ie - advertising
Even with advertising in the mix, it is trivial for a search company to append a query score with its query results. With a transparent query score and a transparent algorithm, the community has a trustworthy third-party between the content producer and consumer.
Transparency and that includes the information source!!!
"There is many ways for people to transmit anonymously. One of the greatest difficulties for sources is their proximity to the material. So if they have high proximity to it and it's a limited number of people know it. It actually doesn't matter what technical mechanism you then apply at the top. It would be quite difficult for them to evade scrutiny. And it doesn't matter what country or regime you are in."
Anonymity is where wikileaks breaks down. All of the lies and deception Julian speaks of are possible because there is no systemic transparency or accountability in the information ecosystem. All of those lies are abstraction events in the cognitive plane of existence and require action in the physical plane to manifest any outcome.
At the end of the day, I think people must step up to the plate and say, "no, this happening, it needs to stop and I am cosigning this information with my community identity on the line." At that point, a wise community should support that person through any life interruption or transition, if the individual cannot.
The thing about living a lie is that it is extraordinarily expensive to sustain or scale because the lie must defy nature and reality. The internet news information systems make it easy to proliferate small/trivial lies in/for a short period of time, but it makes any non-trivial lies much more expensive to sustain. People need more information, more transparency and more accountability.
If you have the accountability, you won't have the "boy crying wolf" problem at scale because of the individual cost of lying.
Ironically, one such platform exists and is six months into beta, but this community hell-banned it in week one. Think about how that will look, PG, in a couple of years. I have screenshots and the record won't be going away. nwzPaper is lean and will be here, it will continue getting better as an application and stronger as a community.
How many people have taken the time to define news? Not in terms of what makes one thing more interesting than others, but at the simplest level: what is news?
You can't ask for more substance until you define what the substance you are after is. Once you've defined it, you will see solutions where you haven't before.
After that, ask yourself if the information sources you've historically related to as news media are in fact news sources or public relations sources.
More third-party aggregators and readers are only going to disappoint the market because they don't do anything about the underlying news problems.
Politicians are mostly mouthpieces for constituent groups and don't understand any of the laws they pass at the granular, much less atomistic level. Their briefs, talking points and speeches are all prepared by others.
The individual can only be as smart as his information input and analytical framework.
As CS engineers dominate this place, it should be standard practice to examine, both, the input and output sides of any system during load analysis.
A simple example of subjective theory are two identically optioned vehicles isolated to one difference:
Vehicle A: Silver Metallic Clearcoat Vehicle B: Sunny Yellow Clearcoat w/Orange Flames
Under an objectivist framework the two must sell at the exact same price because the are intrinsically identical save for the cosmetic difference.
The US Government could pass a law making bitcoin legal tender much the same as pieces of paper or the majority of circulating money that is nothing but electronic bits also.
See J. orlin grabbe's essays if you prefer to hear about it from someone else.
Commodity demand for gold is only about 12%.
http://www.gold.org/investment/why_how_and_where/why_invest/...
Governments are running trillion dollar deficits because they have to because the private sector isn't borrowing enough to expand the debt-assets required to service previous debt contracts that require service in debt contracts.
Bitcoin's relative appreciation to fiat currencies and other benchmarks is not driven by a contraction in money supply due to debt-asset write-offs.
Bitcoin itself could be declared legal tender and suitable for payment of taxes if a government decided so. Financial crises are ALWAYS about lenders lending money that doesn't exist. The fancy name used to be fractional reserve lending, but since we went to a floating currency system, it's just asset-based lending and no reserves required.
Value isn't something anyone can "fix."
Daniel
There is absolutely nothing scalable or sustainable about it. When people can build a sustainable community in our own deserts maybe we can talk about a sustainable desert community millions of miles away from our homeland.
Next!