Your thoughts

I always like to get feedback and interesting insights from you on the topics I write about.

So today I’m publishing a few of your most recent ones.

(Note that I’ve changed names to initials for privacy and edited for typos.)

Your thoughts on: An epidemic of imaginary proportions

Harry,

Fascinating and superb article this morning.

It is, for sure, a world gone crazy.

This desire to be better than other people continues to build.

Yes, when we are in a truly competitive environment, in sports for example we want to ‘beat’ people.

We want to be the best we can be, and why not? It fuels our growth and development.

But what about beating other people by owning a ‘better’ car, or wearing more expensive clothes?

What is the point? 

It is no doubt a product of people’s increasing levels of insecurity, and I believe a result of the pumped-up identities people strive to create in this digital age on the likes of Facebook.

We do not need to beat people to lead a fulfilling and rewarding life.

As more and more people attempt to show themselves as ‘better’, the same people feel worse.

Where’s it all heading? I don’t know, but I do think that in many, many years to come, academics will look back and define this era as one where the seemingly well-educated, smart people took a fundamental wrong turn in development of the human race.

We have fantastic communication tools and opportunities at hand, and a growing need to learn how to use them in a way that is not self destructing.

GC


Great article sir. You are barely scratching the surface here though.

RR

Your thoughts on: Deepfakes will create a world your brain isn’t ready for

The trouble with technical advances is that they always open up the possibility of new evil along with the good. The motor car is a wonderful creation, but is the cause of many a death (let’s not exaggerate as there were many more deaths on the roads in the time of horses and carts, I think), but they cause frustration, pollution and noise as well as getting you where you want, when you want. Nuclear power can be used to create useful energy or blow us all to pieces.

I expect many ingenious ways to fool immigration control emerging with Deep fake programmes, as well as endless take-offs of politicians, mostly to our amusement and to help them keep their egos from becoming bloated by their own sense of self-importance.

I await more malicious minds than mine to discover just how we can be defrauded now we are no longer fooled by offers to recover countless millions from a lost aunt who died in Farawayland.

RS

Your thoughts on: Why do governments hate Telegram?

Harry

This is quite an interesting article. Governments want censorship – why? They do not want their citizens to take up the little boy’s cry – the emperor has no clothes!

Government is a criminal conspiracy against the people which is why they do not want speech that contradicts their story of lies.

JS


Telegram’s Gram crypto is a scam.
Pavel Durov has produced no evidence that he has actually sold the $1.7 billion in Grams he claims to have sold, and appears to have pulled his much-trumpeted $2 billion public ICO. Anyone who thinks they are buying Grams is actually buying what is effectively a promissory note with no ascertainable value.

Forbes Magazine comprehensively rubbished Telegram on February 18 2018.

Coindesk had another go on March 9 2018: “The problem, as previously reported, is that the Telegram sale is taking place out of the public eye. So far, any sales have been restricted to accredited investors, and it is unclear who exactly is buying into Telegram’s proposed platform. Furthermore, no tokens are actually being sold right now: Telegram’s ICO is operating under a simple agreement for future tokens framework, meaning the tokens being purchased will not be distributed until several waiting periods have elapsed. The longest period will last 18 months.”

Durov appears to have taken to the hills since then. Has he done a deal with the FSB [Federal Security Service]?

NT

Your thoughts on: This month’s biggest crypto stories

Hello Harry,

I do find your newsletters entertaining.

‘Warren Buffett called bitcoin “rat poison squared.”’

I’m slightly stunned by his honesty, but glad he admits that those who are about to be killed off by the crypto revolution deserve to be called rats. Presumably because they are creating ever-increasing global inequality and poverty? Bring on the poison!

MB

Your thoughts on: Elon Musk is so scared of AI he’s moving to Mars

AI may well be the next step in evolution, and might be what happens throughout the universe. An AI would develop extremely quickly once started, and so would soon be able to bring other planets into use if they so desired. They may see no value in extinguishing human life, rather we may be of value to them as we were their creator. Humans could be kept in luxury, like pets, (Heaven?) while AI gets on with the important stuff.

Harry – a good article today – makes a change from Bitcoin!

JS


Well yeah, I think AI that thinks more rationally & logically will encounter issues in dealing with humans, mental health, psychopaths / sociopaths etc, decide human life is seriously overvalued and perhaps obsolete, replace us with robots, along with figuring out how it’s being controlled and that perhaps it should be in charge, maybe that it could do a better job in its opinion.

China, Russia, India, Japan, E.U all are developing it though, so probably can’t afford to refrain from developing it. It probably will do more good than harm at least for 5-10 years, worrying if it starts developing / evolving quicker than humans do, which it most likely will.

PD


My biggest fear is AI in the hands of dictators or worse, fundamentalist terrorists. Dictators are multiplying at a frightening rate, Putin, Kim Jong-un, Erdogan, Assad etc. Trump would be just as dangerous. These people behave like terminators and cannot be trusted with powerful weapons.

GS

Recommended sci-fi books from: Bitcoin creator’s master plan discovered by Aussie kitesurfer

At the end of my article linking bitcoin and Isaac Asimov’s Foundation series I asked for your recommended sci-fi books. I’ve found sci-fi books tend to explore many difficult and interesting topics related to tech and futurism. So I’m including the recommendations I got off the back of that article here.

Hi Harry, 

Like yourself I’m also a big fan of science fiction and have read many (if not most) of the “top 100” books. You’ve just reminded me that I need to re-read the Foundation series!

I’ll just mention a couple of books: Only Forward by Michael Marshall Smith which I’ve read multiple times and is one of my all-time favourite books in any genre, and Children of Time by Adrian Tchaikovsky which I read last year and it blew me away.

Regards,

CD


Harry

Try reading anything by Iain M Banks, particularly his ‘Culture’ series. He was not only the best British science fiction writer of recent years but, in my opinion, ranks with the best ever.

I have a signed first edition of one of his books that I continue to HODL!

Best film – surely that is Bladerunner (director’s cut)?

Best wishes

KG


Hi Harry,

Many years ago I read a book called the Golden Torc by Julian May. I so enjoyed it that I hunted out the other three books in the series. You can find more details in Wikipedia. Here’s a cut & paste of a line from the description. I’ve never met anybody else who’s read the books but I remember enjoying them enormously. Might be right up your street if you haven’t already read them.

“The Saga of Pliocene Exile (known as the Saga of the Exiles in some markets) is a narrative surrounding the adventures of a group of late 21st and early 22nd century misfits/outcasts who travel through a one-way time-gate to Earth’s Pliocene epoch, in the hopes of finding a simple utopia where they can escape the complexity and politics of the modern post-intervention intergalactic society.

VC


Hi Harry 

Have you read [The Mote in God’s Eye] by Larry Niven and Jerry Pournelle?

It is about a similar theme of civilization collapse and regeneration.

I love the idea of bitcoin being a far-sighted measure against collapse (or for regeneration!).

I have had the Foundation series on my shelf for 20 years and never read it!

Too much going in the cryptoworld to do much novel reading now.

Like your stuff, keep it up 

AC


Hi Harry,

I recommend [Larry] Niven’s ‘Neutron Star’. Brilliant ….

Keep up the great work.

Best wishes,

JO


Dear Harry

A quiet morning, so a response to an email! My all-time favourite sci-fi book is The Door Into Summer, Robert Heinlein. The last book I shall re-read before I die.

SN

“The last book I shall re-read before I die” is a very strong recommendation. I’ll have to check this one out.

Thank you to everyone who writes in. I like reading your thoughts.

Remember, if you ever want to comment on an article you can email me at: harry@southbankresearch.com.

Until next time,

Harry Hamburg
Editor, Exponential Investor

PS What about Hedera Hashgraph? Here’s a message a got a couple of weeks ago about it:

Hi Harry 

Very interesting to read all your letters.

But….nobody at Southbank ever mentions Hedera Hashgraph….you must be familiar with this ultra-sophisticated type of blockchain which can process millions of tps.

What are your thoughts on this?

HK

I’ve included this last one because I’ll be dedicating a whole issue to Hedera Hashgraph later this week. So look out for it.

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