Bitcoin indicator that nailed all bottoms predicts $15.6K BTC price floor

Bitcoin (BTC) needs to go lower before putting in a macro bottom, one of the market’s most accurate indicators shows.Data from sources including on-chain analytics firm Glassnode shows Bitcoin’s MVRV-Z Score is almost — but not quite — signaling a price reversal.MVRV-Z Score inches towards macro bottomAmid ongoing debate whether if, or when, BTC/USD will go beyond its current macro lows of $17,600, new figures suggest that the market easily has further to fall.As noted by Filbfilb, co-founder of trading suite Decentrader, the MVRV-Z score is now in its classic green zone, but not yet at the point which has accompanied price bottoms in the past.MVRV-Z measures how high or low the Bitcoin spot price is relative to what is referred to as its “fair value.” It uses market cap and realized price data along with standard deviation to create what has turned out to be one of the most efficient Bitcoin top and bottom prediction tools.MVRV-Z has caught every macro top and bottom on BTC/USD in its history, and done so with an accuracy of two weeks, data resource LookIntoBitcoin notes.The metric has only gone below its green zone a handful of times, the last being in March 2020, but more downside pressure would deliver a repeat performance.“This chart is *the one* for me,” Filbfilb commented about the latest readings. “We normally bottom when MC Bitcoin MVRV-Z Score chart. Source: Glassnode$16,000 bottom zone gains traction$15,600 would tie in with various existing predictions of where Bitcoin is due to bottom. Related: Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19KIn an update to Twitter followers at the weekend, meanwhile, popular account CryptoBullet included that area as one of several important support zones to watch.$16,000, it confirmed, also marks the average deviation from Bitcoin’s 50-month moving average.Some very important #BTC levels:16k – Average Deviation from MA50 (-25%)14k – 2019 Echo Bubble Top12.2k – Celsius Liquidation10.7k – Key Horizontal Level https://t.co/hEcnj8wsak pic.twitter.com/1Xke0F7WSe— CryptoBullet (@CryptoBullet1) July 2, 2022

Bitcoin’s relative strength index, or RSI, is already at its lowest ever, another indication of the oversold nature of a market now below its previous halving cycle’s peak of nearly $20,000.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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Why longevity matters to everyone: Living longer lives in the world of Web3

Expected to reach a market size of $128 billion by 2028, the longevity sector is no longer something that those outside the medical world can ignore. In the next few years, life-extending technologies and treatments for aging-related diseases will reach human trials. There is an exciting wave of development happening in research labs and technology centers across the globe, with more and more early adopters embarking on their longevity journeys.As I’ve remarked in my earlier article, the crypto community would do well to learn more and engage in the growing longevity field. Longevity not only incorporates disruptive technologies, such as artificial intelligence and distributed ledger technologies but also has a visionary spirit and is supported by stakeholders dedicated to improving the human aging experience.To share more about this up-and-coming sector, I spoke with three individuals about their alignment with longevity science and why they want you to know about the opportunities afforded by embracing longevity. The sector has already shown tremendous support in favor of the industry. The insights from one of the world’s foremost longevity physicians, the founder of the world’s leading full-service blockchain technology company, are unique but share a common theme: It is time for the world to pay attention to what the future holds for human lifespans.Evelyne Yehudit Bischof, chair of the Longevity Science Foundation visionary board“As a longevity physician, my goal is to maintain or even improve the quality of life for someone. But the term ‘longevity’ conjures images of living longer. But it’s more than just that. Life has to be fulfilling. It has to be fun. In longevity medicine, it is essential to focus on physical health as well as behavioral and mental health. All these pieces fit to make a healthy human.”“In general, I am not a fan of sweeping recommendations. I like personalization. I like structure. I especially like structure when developing treatment trajectories for a patient. Of course, there is a foundation of longevity that incorporates common themes. However, I do not have typical recommendations for everybody.”“I look at the unique characteristics of each patient in several different categories. The first category is metabolic optimization. This category encompasses nutritional improvements, exercise and hormones. Some people are athletes, and I also work with pre- and post-menopausal women. Some patients are preparing for pregnancy. These unique characteristics factor into the recommendations.”“The second category is sleep. Many people underestimate how important sleep is to maintaining healthy bodily functions. As part of patient evaluation, I look at how easily the patient falls asleep and how optimal the sleep is based on oxygen levels, the number of apnea episodes, and more.”“The third optimization area is cognition. Neurodegeneration is a significant concern for individuals as they age, and optimizing this area requires early prevention of any cognitive decline or neurosurgical health. Cognition also includes mental health. I am trained in psychiatry, so mental health is essential to me. A lot of people are already on antipsychotics or antidepressants. I meet patients where they are and help them achieve their goals of improving mental health.”“As you can see, we very much focus on the granular level in longevity treatment. We focus on all aspects of a person to ensure treatments work in harmony. Physicians and patients need to remember that flexibility is key for any medical success. Longevity treatment should be just as flexible.”Val Vavilov, founder and chief visionary officer of Bitfury and member of the Longevity Science Foundation patrons board“My interest in longevity began as a personal one. Running a global, billion-dollar company takes a toll on you. To achieve our mission, I realized that I needed to optimize not only my health but also my physical, emotional, mental and spiritual development. Health is usually one of the first things people neglect when they are focused elsewhere.”“I started reading about everything that was considered cutting-edge in the field, from intermittent fasting to veganism. I even went as detailed to evaluate the micronutrients of different fruits and vegetables I was eating to balance them. When you start researching these things, you will eventually come to the field of longevity because longevity is all about the optimization of your life and health. That speaks to the engineer in me. We look at what we can optimize and how to do it. I spent more than a year optimizing my health, food, sleep — everything. And now, I feel better than I did in my 20s!”“I became a patron of the Longevity Science Foundation because I genuinely believe longevity should not just belong to one group of people. Everyone deserves access to the tools and science to live longer and healthier lives. I support the mission of the foundation to democratize access to this information because everyone has the right to it. Longevity should be shared.”“What is the point of living a longer and healthier life if you are the only person benefiting from it? What kind of a world will you inherit? How can you build a better one if you are alone? Longevity is a crucial piece of our collective future. Crypto, blockchain and Web3 make it easier for us to work together and support each other — while protecting ourselves. Longevity science means we can do that while living longer, being healthier and being happier. In other words: A better existence is out there for humans if we collaborate and create more open systems accessible to everyone.”Maja Vujinovic, managing director of OGroup and member of the Longevity Science Foundation patrons board“I’ve been an early pioneer in emerging technologies since 2005, entering spaces, such as mobile payments, renewable energy, the Internet of Things, CRISPR and cryptocurrencies, years before they reached mainstream understanding and recognition. Working at this leading edge requires one to constantly question the status quo and to search for optimization. I’m bringing the same pioneering attitude to longevity: There is more to longevity medicine than the extension of life. It’s about nudging our evolutionary engine. It is a challenging yet thrilling quest.”“Our ancestors had countless challenges to overcome as we moved from caves to dwellings to tribes to cities to where we are now. We had to deal with predators, disease, famine, war, infection. While many of these challenges still exist, we have defenses against many of them. These are defenses that we developed outside of ourselves. There was nothing evolutionary about them. Today, it is a combination of internal and external development that is furthering society. Thanks to incredible technological breakthroughs, we are able to access products that aid in our evolutionary process.”“However, our biological evolution has been outpaced by a technological revolution. Simply put, the human brain cannot advance with the same inertia as current technological progress. This might seem like a scary concept, but it’s also an exciting one. This unprecedented progress is inspiring. I see this spirit in the crypto community, and I see it again in longevity medicine. There is a powerful movement to improve the way existing systems like the financial sector function by disrupting and democratizing them. I see the longevity thesis as a disruptor of the way we age.”“Longevity medicine is about the balance of technology and our own awareness to be more present and a reminder of the basics. In some aspects, our quality of life is even worse than that of our ancestors, as we have less time to do the things we love. Our appetite for connection is decreasing as a result of constant technology usage and less human interaction. Thus, longevity is about making a plan for yourself that looks beyond a pill, injection, hyperbaric chamber or an expensive health spa. Instead, it is about establishing a daily routine and lasting, sustained change versus mindless, endless growth for the sake of growth. It requires planning, restrategizing our healthcare costs, and upgrading where it makes sense.”“You commit to that in your work. Are you ready to do that for your life?”The views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.Garri Zmudze is a managing partner at LongeVC, a Switzerland- and Cyprus-based venture capital firm accelerating innovative startups in biotech and longevity. He is a seasoned business expert and angel investor with several successful exits across biotech and tech companies. He is a long-time supporter and investor in biotech companies, including Insilico Medicine, Deep Longevity and Basepaws.

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What determines the Bitcoin price?

Various factors impacting Bitcoin’s price include the supply and demand of BTC, competition from other cryptocurrencies and news, cost of production and regulation. Supply and demand Those with a background in economics are aware of the law of supply and demand. However, if you are unfamiliar with this concept, let’s help you to understand. As per this law, supply and demand market forces work together to determine the market price and the quantity of a specific commodity. For instance, the demand for an economic good declines as the price increases, and sellers will produce more of it or vice-versa. An event called Bitcoin halving impacts the Bitcoin’s price like the situation in which the supply of BTC decrease whereas the demand for BTC increases. As a result of the high demand, the price of BTC will move upward.  Moreover, Bitcoin was created by Satoshi Nakamoto with a 21 million BTC hard cap. That said, miners will no longer receive new Bitcoin for confirming transactions once that cap has been reached. The four-year halving of block rewards might not affect the price of BTC at that point. The things that will determine Bitcoin’s value will instead be its real-life applications. Competition and news BTC faces competition from altcoins like Ethereum (ETH) and meme coins like Dogecoin (DOGE), making portfolio diversification appealing to investors. Any upgrades by the existing cryptocurrencies might drive BTC’s price down in contrast to a completely different scenario in which Bitcoin was the only existing digital currency. Due to media coverage, you may want to buy crypto assets with a positive outlook and ignore those with a shady future.  Cost of production Production costs for Bitcoin include infrastructural expenses, electricity charges for mining and the difficulty level of the mathematical algorithm (indirect cost). The various levels of difficulty in BTC’s algorithms can slow down or speed up the currency’s production pace, impacting Bitcoin’s supply, which, in turn, affects its price. Regulation Cryptocurrency regulations are constantly changing, from countries like El Salvador accepting it as a legal tender to China formally banning crypto transactions. The price of BTC could decrease if there is concern over a specific government’s decision against cryptocurrencies. Additionally, regulatory uncertainty will create fear among investors, dipping Bitcoin’s value even further.

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How to earn crypto passive income with forks and airdrops?

When cryptocurrencies like Bitcoin (BTC) go through bear phases like the one we currently find ourselves in, the idea of earning passive income from one’s holdings becomes all the more attractive for long-term investors. Related: Decentralized finance: A beginner’s guide to earning passive income with DeFiDifferent methods such as staking,lending, cloud mining, and yield farming have become popular in the past few years and involve rewarding investors with money or tokens for the crypto tokens invested in the mechanism. However, with hard forks or airdrops, users who are active in the crypto ecosystem can forage for tokens or projects that offer additional tokens in proportion to their vested holdings as a reward for a variety of reasons. Since both are intended at increasing the popularity of the project or as part of a promotional campaign, hard forks and airdrops work differently and come into existence through completely unique mechanisms.Let us look at what differentiates crypto airdrops from hard forks and how one can benefit from them when invested in the crypto market for the long term.What is a crypto airdrop and how does it work?Considered to be like manna from heaven for crypto fans willing to experiment with different projects, crypto airdrops require minimum technical knowledge and potentially lower risks. A crypto airdrop is a gratuitous distribution of a cryptocurrency coin or token to existing token holders, also known as token giveaways colloquially. Usually associated with the launch of a new project or cryptocurrency, the intent of an airdrop is to gain more user traction in a market that is flooded with thousands of crypto tokens and coins.Purely promotional in nature, users do not have control over when an airdrop might occur, and it is usually done by developers or crypto entrepreneurs to reward existing token holders with additional tokens or coins for free. The quantum of tokens awarded is based on the invested amount or contributions made toward a project and is similar to how traditional brands offer freebies to popularize a new product offering.There are two types of crypto airdrops: retroactive airdrops and takeover airdrops, with key differences between the two being at which stage they are being offered and their specific purpose. A retroactive airdrop is generally announced when an existing blockchain protocol is planning to unveil its native crypto token and rewards early users or those who have contributed to the project prior to a particular date. It is a very popular tool for creating hype around the soon-to-be-launched token. Meanwhile, it also serves as a liquidity creation mechanism and helps with audience engagement by awarding tokens in exchange for retweets, feedback or even increasing followers on social media.Takeover airdrops are employed when decentralized finance (DeFi) protocols want to snatch users away from the competition or increase their chances of retaining them by offering greater rewards. While it is a comparatively more aggressive form of an airdrop, takeover airdrops are targeted at liquidity providers and users who have displayed higher engagement in activities such as staking so as to attract them away from a competing DeFi protocol.DeFi aggregator 1INCH conducted a number of airdrops with the specific intention of enticing rival Uniswap users to shift to its platform, rewarding specific user sets in a series of airdrops and acting as a classic example of how free crypto airdrops are utilized.Advantages and disadvantages of crypto airdropsThey have long been considered an unorthodox form of radical marketing in the crypto space, but crypto airdrops have become increasingly popular. Innumerable projects use this method to spur the adoption of their new crypto tokens. Airdrops offer superlative benefits for crypto entrepreneurs and investors alike, making them the most preferred marketing tool to create initial hype and catalyze user traction — two elements that are critical for a new coin’s success.For crypto firms aiming to launch a native token for their blockchain or DeFi protocol, crypto airdrops are possibly the simplest and most cost-effective mode of advertising in the crypto world today. Even though it involves expending a lot of tokens, and that, too, for free, these form a rather small portion of the overall tokens to be brought into circulation and are a sure-shot way of generating excitement among other crypto token holders as they see users earn crypto from the free airdrops.On the flip side, airdrops can have a negative implication if too many tokens are given as part of the airdrop, diluting the market value of the token and impacting the token’s price in the process. Moreover, most of the addresses that receive the airdrop could sell the received tokens immediately once it is listed, which will again exert downward pressure on the token’s price. For users, it is also important to conduct due research to weed out dump airdrops or crypto scams that are getting more sophisticated with time.If the token increases in popularity and demand, these airdropped tokens can potentially generate even more returns as the value of the token increases in tune. By simply following a project on its various social media handles or by sharing news about it with friends, crypto airdrops reward crypto users with free tokens that can be worth hundreds of dollars, with absolutely no strings attached.In fact, for crypto wallet holders or those holding specific crypto tokens, airdrops are a great way of making good profits on what is basically a zero investment and can be a great way of generating passive income in the crypto markets. All one needs to do is to stay tuned to projects or companies that are slated to offer airdrops and take advantage of them.Thus, not only can you make money from crypto airdrops by immediately selling the received tokens on a crypto exchange, you can opt to hold them for a longer duration and potentially increase the chances of generating even more returns.What are hard forks and how do they work?More often than not, blockchain protocols undergo alterations to produce a new blockchain that runs in parallel with the original but may differ in terms of the end utility that it offers to users and token holders. One of the most prominent examples of such a parallel blockchain is the Bitcoin Cash (BCH) fork, creating a P2P cash system in the process from what is essentially a Bitcoin hard fork.Related: Soft fork vs. hard fork: Differences explainedThere are other Bitcoin forks such as Bitcoin Gold, and they demonstrate how hard forks are created by changing the base protocol’s code to create a parallel version of it that is intended for a different purpose. Moreover, since the newly created blockchain requires a native token for its users to transact with, a hard fork results in the creation of a new crypto token and creates value for those who were invested in the original coin. A notable example of this was when each BTC holder received an equivalent amount of BCH tokens in August 2017, generating sizable returns considering a listing price of $900 for Bitcoin Cash on cryptocurrency exchanges.With an increasing number of new blockchain protocols being created and many more branching out through hard forks, it is easy to see how investors can benefit from hard forks without assuming high risks. However, not all hard forks originate from an intention to create a new system, with some being the product of a crypto debacle. Take the example of the Ethereum hard fork, Ethereum Classic (ETC), which even supports a different consensus mechanism and has the native ETC token that can be exchanged on cryptocurrency exchanges freely. Hived off from the “official” Ethereum blockchain, it came into existence in response to the attack on Ethereum’s most notable project, The DAO, and issued tokens to all existing ETH holders in a 1:1 ratio. Originally intended as a new decentralized business model for commercial and non-profit entities, The DAO was subject to a vulnerability attack which led to a few users siphoning off one-third of its funds to a secondary account. When the Ethereum community voted to hard-fork the original blockchain in order to restore the lost funds, it split the blockchain into two branches and the unforked blockchain was renamed Ethereum Classic.For discerning investors, there are many opportunities often available to invest in blockchain protocols before a hard fork and potentially take advantage of the additional new tokens on offer. However, it is important to conduct thorough research and invest only in those tokens that have sound fundamentals in order to make money from hard forks.Pros and cons of hard forksHard forks provide developers with the opportunity to add new functionalities without having to alter the original blockchain, especially when it has a huge user base that would not like any changes to be made. It also involves less computational power than employing a soft fork and provides more privacy too.What’s more, token holders and investors are issued extra hard fork tokens, which can be immediately monetized or held to benefit from long-term appreciation, a scenario with a high probability if the hard fork succeeds in its objective and gains prominence in the crypto space. However, this may not always be the case, as demonstrated by BCH, which is trading near all-time lows since its issuance in 2017.Apart from the chances of price erosion, users of the hard fork face a higher risk of losing their token holdings in the light of an attack. Because a hard fork occurs as a result of the underlying blockchain being split, it is often perceived as detrimental to the security of the network, making them more vulnerable to malicious attacks. This is especially true if the split occurs between the nodes and miners, as it exposes the blockchain and its fork to bad actors who could use their computing power to overcome the network to steal funds. Irrespective of the type of attack, the intention is either to undermine the network’s reputation, which could lead to price erosion for the native token, or to steal funds from the network itself and divert them to accounts on another network. This would result in investors losing capital on the hard fork tokens as well as the original token. Therefore, it is important to research the actual improvements being made in a hard fork and whether the developers have taken the necessary precautions to insulate the fork from any attack. Investors can benefit from hard forks if they stay abreast of the latest developments and spot the right opportunities to generate income by earning crypto through hard forks.

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KuCoin CEO slams insolvency rumors citing “no plan to halt withdrawal”

Crypto exchange KuCoin found itself at the center of discussion when a sub-community of Crypto Twitter started warning investors about an incoming ban on funds withdrawal. KuCoin CEO, Johnny Lyu, was however quick to dismiss the unvetted rumors before they picked up steam.Prominent crypto figures on Twitter, including trader @KongBTC and blockchain investigator @otteroooo, requested their followers to withdraw all of their funds from the KuCoin while claiming that the exchange may soon stop all users from withdrawing funds.WITHDRAW FROM KUCOIN RIGHT NOWNot a drillno time for threadlike and retweet to spread the messageotter hardly wrong in such matters— otteroooo (@otteroooo) July 2, 2022Rumors linked KuCoin’s intent to stop withdrawals with Terra’s (LUNA) and 3AC collapse, which according to the warnings, led to “immense suffer” for the exchange owing to high exposure to the fallen tokens.Be aware of FUDs! Not sure who’s spreading these sheer rumors, and what their intentions are, but #KuCoin does not have any exposure to LUNA, 3AC, Babel, etc. No “immense suffer” from any “coin collapse”, no plan to halt withdrawal, everything on KuCoin is operating well.— Johnny_KuCoin (@lyu_johnny) July 2, 2022

While dismissing the supposed rumors through the above tweet, Lyu highlighted the company’s strong position by disclosing a recent $150 million funding, which placed the company’s valuation at $10 billion in May 2022. He also pointed out that the company is currently hiring for multiple positions, requesting investors to make their own judgment amid the ongoing FUD — fear, uncertainty and doubt:“No “immense suffer” from any “coin collapse”, no plan to halt withdrawal, everything on KuCoin is operating well.”Further distancing KuCoin away from the insolvency rumors, Lyu confirmed to share the company’s 2022 H1 review report with detailed information about their operations. Finally, he sent out a warning to the people accusing KuCoin of shutting down services and creating panic among investors:“For FUDers who intentionally spread unverified info, KuCoin reserves the right to take legal actions. Don’t FUD, BUIDL.”Related: Tether CTO refutes stablecoin FUD as short-sellers circleTether chief technology officer Paolo Ardoino recently revealed that the stablecoin Tether (USDT) was subject to a “coordinated attack” by hedge funds looking to short-sell the United States dollar-pegged crypto asset.1/I have been open about the attempts from some hedge funds that were trying to cause further panic on the market after TERRA/LUNA collapse.It really seemed from the beginning a coordinated attack, with a new wave of FUD, troll armies, clowns etc. https://t.co/hhcsgHV1Ow— Paolo Ardoino (@paoloardoino) June 27, 2022

Ardoino said that Tether is collaborating with regulators and increased transparency efforts, as well as noting its recent commitment to phase out its commercial paper exposure.

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DeSci: Tech trees to fund ambitious science and tech

Have you ever played the game series Civilization, created by designer Sid Meier? Through the years, much has changed, but one of the unchanging hallmarks of the series has been the technology tree. Why has it been such a stable component of this game? Because it allows you, on one look, to get a bird’s-eye view of the technological capabilities necessary to make progress on your audacious civilizational goals. Compare this with our real civilization. If we wanted to, we could probably map the many technological capability paths that got us to where we are today. After all, our current tech stack is what the Civilization tech tree is modeled after. What if we could build a tech tree that was future-facing, starting now? Reality is, arguably, more complex than a computer game. So, rather than mapping civilization at large, perhaps we could start with individual technology areas and map those out, one by one. Within technology domains, one could break down the main goals for the field into future capabilities required to get there and recursively work ourselves backward to the present capability stack.Even if it’s possible, what’s the point? The point is that, apart from being an intellectually interesting endeavor, it may well dramatically speed up progress. Imagine you’re a funder, or talented postdoc, an entrepreneur in residence, or an advocacy leader looking to advance your technology area of choice. Currently, it’s pretty difficult to figure out how to plug in. Even after graduating in that field, digesting much of its literature, drawing on interviews, and online courses, it’s not very intuitive to see how to connect the dots within an area in a way that would advance the field. There is plenty of information out there, but without a scaffold to map the context and dependencies of different opportunities, one can only guess that the one you’re zooming in on is actually a crucial bottleneck in the field rather than an irrelevant detail that stands to be solved by an approaching technological innovation upstream from that area. Related: Decentralization is helping to shape the course of scientific research and businessA dynamic overview of a field would make it easier to coordinate efforts, find and fund undervalued areas and determine how, together, they unlock novel capabilities and applications. Tech trees: The realitySo far so good, in theory. Could this work in practice? At Foresight Institute, we’re trying to find this out. Foresight operates five technical programs:Decentralized computing, focused on secure cooperation, chaired by Mark S. Miller, chief scientist at Agoric.Molecular machines, focused on atomic precision, chaired by Ben Reinhardt, PARPA.Biotech and health extension, focused on rejuvenation, sponsored by 100 Plus Capital.Neurotech, focused on brain-computer interfaces and whole-brain emulations, chaired by Randal Koene, CarbonCopies.Spacetech, focused on space exploration tech, chaired by Creon Levit, Planet Labs.These programs come with expert groups of around 200 scientists, entrepreneurs and funders per group cooperating to drive long-term progress, supported by workshops, fellowships and prizes. To face the problem of onboarding the growing number of new coming enthusiasts into these fields, in early 2022, we decided to create tech trees to map each area.Led by domain expert interviews, this pioneer team is now building tech trees of each field, starting at the state of the art, mapping each to long-term goals with conditional nodes, one branch at a time. At the end of Q1, we completed the first tech tree prototypes.Rather than engaging in armchair philosophy, our tech tree architects are developing the tech trees through discussions with domain experts working on each node. Cycles of feedback will lead to iterations of the tree until we get a clear picture of the field. Once v1 is complete, we’ll open up the trees to crowd-sourcing.Each node will be clickable, allowing people to zoom in on any particular node to see relevant companies, advocacy groups, labs and independent projects. Others will want to know which open challenges need incentivization through funding. Researchers can submit challenges to make progress in their domain. We can set bounties and prizes on bottlenecks to incentivize progress.Related: NFTs, Web3 and the metaverse are changing the way scientists conduct researchTech trees: The potentialMembranes separating the trees may prove to be pretty permeable. For instance, the computing tree, with tools such as privacy-preserving machine learning, will have something to say about the longevity tech tree. The molecular machines tech tree, with tools such as unclonable polymers, will be relevant for the encryption technology stack in the computing tree. All of them will inform our future in space from material and energy advances through molecular machines to human capabilities strengthened by longevity and neurotechnology.As the branches of different tech trees start nestling with each other, risks will also become more apparent. Advanced artificial intelligence will be a major revolution and risk vector throughout all trees. But technologies to mitigate risks, such as computer security, will also become more visible and, thus, fundable. This could increase funding for “differential technology development” — i.e., the development of civilizational safety-enhancing technologies over those that are risky.Some pioneers may want to coordinate on desirable paths through the forest of trees, such as this civilizational map proposed by Trent McConaghy. Others will want to specialize in advancing the frontiers of their local domain, company or project, such as Balaji Srinivasan.What comes after VC thesis statements and portfolio pages?The tech tree. A constantly updated open source map of everything you want to fund, how it interrelates, and what remains to be built. A vision of the definite future that still accommodates uncertainty and creativity. pic.twitter.com/s4yyRvcV6Z— Balaji Srinivasan (@balajis) November 4, 2021Tech trees allow a variety of pioneers to compare notes and accelerate progress across the boards. Related: DeSci: Can crypto improve scientific research?Such a long-term project may sound naive from where we are today. One reason is that we have suboptimal tools. To solve this, we co-hosted a hackathon to build an app for better crowdsourcing and crowdfunding of such maps, together with Srinivasan of 1729.com; Evan Miyazono of Protocol Labs; McConaghy of Ocean Protocol; Amir Banifatemi of XPrize; and Seda and Matthias Röder, and Andy Smolek of Sonophilia. The top submissions are now collaborating on future road-mapping efforts through MapsDAO.Finally, trees take time to grow. But the earlier we seed them, the earlier we start the many cycles of iteration required to harvest their fruits. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.Allison Duettmann is the president of Foresight Institute, a 38-year-strong institute supporting the beneficial development of high-impact technology to make great futures more likely. She leads the Intelligent Cooperation, Molecular Machines, Health Extension, Neurotech and Space programs. She co-edited the book Superintelligence: Coordination & Strategy and co-authored Gaming the Future: Intelligent Voluntary Cooperation. She holds a Master of Science in Philosophy and Public Policy from the London School of Economics, focusing on AI safety, and a Bachelor of Arts in Philosophy, Politics, and Economics from York University.

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