Lifeboat Foundation: Safeguarding Humanity
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Godfrey Bloom is a member of the British Parliament. His in-your-face style of educating and shocking his peers has made him a controversial politician. He has occasionally been escorted out of the assembled parliament because of his rowdy rhetoric.

Consider the video below. Bloom offers a critical, but simple and clear explanation of the Fractional Reserve banking system used in the US and Europe. This gets to the heart of the matter! [continue below video]…

Conclusion (mine, and not Mr. Bloom’s): It is in the interest of governments to use a form of money that they cannot manipulate, print, spend, hide or lend without first earning, taxing or legitimately borrowing — and then balancing the books, openly.

Bitcoin is such a currency. Any country that adopts an open source, permissionless, and completely transparent monetary instrument will demonstrate to citizens and taxpayers that they respect their constituents and that they commit to balance their books like any state, corporation, NGO or household.

Would an ethical government surrender control of its own monetary policy? H*ll, yes! This is how a government avoids rampant inflation and the burden of non-consensual debt to future generations. It is also how a government makes taxation, redistribution and spending transparent and accountable. It is how a government restores trust.

We have been raised with centuries of dogma that teach us to accept inflation, and a constantly escalating public debt. Sometimes, the path forward is not immediately obvious. But history doesn’t lie. When trusted nations with large economies manipulate interest rates, borrow without a lender, or inflate a nation out of a crisis (what the US calls “quantitative easing”), the long term effect is certain to be no different than Argentina, Zimbabwe, Venezuela or Germany between the wars. It is a recipe for disaster. It places every citizen and their future children into debt-bondage.

Moving away from the Gold Standard in the 1970s was a risky maneuver. The risk was not abandoning a precious metal with intrinsic value—but rather it placed the full faith and credit of our economy in the hands of transient politicians, rather than in a capped commodity with certain and immutable properties.

Bitcoin is the new gold. It is capped, transparent, open-source, vetted and without a mechanism for quick or covert manipulation (the US calls this “raising the debt ceiling” and they do it every few months!). We may not move to an economy based on Bitcoin today or tomorrow, but that day is coming. Thankfully, it’s coming!

Philip Raymond co-chairs CRYPSA, publishes A Wild Duck and hosts the New York Bitcoin Event. He was speaker at Cryptocurrency Conferences in Dubai, South Africa and India. Click Here to inquire about a presentation.

“The recent launch of the SpaceX rocket Falcon Heavy is a good illustration of the entry of efficient and innovative private players into an arena long considered the preserve of national governments. But this does not mean that national competition in outer space is disappearing. If anything, it is actually accelerating in Asia. China’s growing space prowess is leading to a space race with India and Japan, which are beginning to pool their resources to better match Beijing.”

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When the Chinese government released its Next Generation Artificial Intelligence Plan in July 2017, it crisply articulated the country’s ambition: to become the “world’s primary AI innovation center” by 2030. That headline goal turned heads within the global tech elite. Longtime Google CEO Eric Schmidt cited the plan as proof that China threatened to overtake the United States in AI. High-ranking American military leaders and AI entrepreneurs held it up as evidence that the United States was falling behind in the “space race” of this century. In December 2017, China’s Ministry of Industry and Information Technology followed up with a “three-year action plan,” a translation of which was recently released by New America’s DigiChina initiative.

But how do these plans actually work? There’s a tendency to place this AI mobilization within China’s longstanding tradition of centrally planned engineering achievements that have wowed the world. The rapid build-out of the country’s bullet train network stands as a monument to the power of combining central planning and deep pockets: in the span of a decade, the Chinese central government spent around $360 billion building 13,670 miles of high-speed rail (HSR) track, more mileage than the rest of the world combined.

But putting the AI plan in this tradition can be misleading. While it follows this model in form (ambitious goal set by the central government), it differs in function (what will actually drive the transformation). The HSR network was dreamed up and drawn up by central government officials, and largely executed by state-owned enterprises. In AI, the real energy is and will be with private technology companies, and to a lesser extent academia.

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To achieve this, the government is hoping to find more scientists like Koul, who sees his role as an “opportunity to address bigger social as well as scientific challenges”.

This is a tall order, and there’s an elephant in the room. Government funding for Indian research and development has stagnated at around 0.85% of gross domestic product for more than a decade, compared with at least 3% invested by technologically advanced nations such as Denmark, Japan and Sweden.

A push to reverse its brain drain is providing the expertise to tackle its domestic problems.

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Elon Musk has agreed to build what is being hailed the “world’s largest virtual power plant”, by rolling out solar panels and Tesla batteries to 50,000 homes in South Australia. The scheme, which will be completed over the next four years, will see any excess energy stored in each battery fed back into the grid to provide power to the rest of the state whenever required. The South Australian government claims participating households will generate a total of 250MW of electricity – about half as much energy produced by a typical coal-fired power station. Read more — Elon Musk about to launch…

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WASHINGTON (Reuters) — Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, the U.S. Transportation Department said on Friday.

Last month, Transportation Secretary Elaine Chao said the Trump administration plans to unveil revised self-driving car guidelines this summer as the government sets out to rewrite regulations that pose legal barriers to robot vehicles.

Next month’s “summit” is to help “identify priority federal and non-federal activities that can accelerate the safe rollout” of autonomous vehicles, the department said. It will also be open to the public.

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The next research priorities include wearable mobility aid devices and technology that guides people to the toilet at what it predicts is the right time.

According to Japan’s robot strategy, the government hopes that four in five care recipients accept having some support provided by robots by 2020.

Japanese government wants to increase acceptance of technology that could help fill the gap in the nursing workforce.

in Tokyo.

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At least 200 candidates with previous careers in science, technology, engineering and math announced bids for some of the nation’s roughly 7,000 state legislature seats as of Jan. 31, according to data that 314 Action, a political action committee, shared exclusively with HuffPost.

This comes at a time when there’s only one Ph.D. scientist in Congress.

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A major conservative publication, The Weekly Standard, has published a positive Cover story about Basic Income, as a way to reign in entitlements and deal with automation. My California libertarian governor campaign gets a brief mention in it. Over 100,000 print copies out this week.

At first blush, universal basic income sounds like something dreamed up on a California commune or in a late-night college bull session. The idea: Just give people money. Ask nothing in return. Impose no requirement to work or to look for work. And don’t just give taxpayer money to people living in poverty, give it to everybody—from gazillionaire to gig-worker—no questions asked.

Yet universal basic income is an idea that is having its moment. Enthusiasm for a government-guaranteed income for all seems to be percolating across the country. Groups backed by Silicon Valley luminaries are forming to devise political strategies. Hillary Clinton’s presidential campaign flirted with the idea.

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