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cryptocurrency

The Problem with NFTs [Video]

January 30, 2022 by Socrates

8 years after I wrote Bitcoin: The Financial Singularity is Here it is time for a little Mea Culpa retrospective. Plus, many have emailed to ask about my views on NFTs. So, here we go. See The Problem with NFTs by Folding Ideas and learn for yourselves. Because if I can’t do better myself I might as well use someone who already has done a great job on Bitcoin, Ethereum, and NFTs. Enjoy!

Filed Under: Op Ed, Reviews, Video, What if? Tagged With: bitcoin, cryptocurrency, Ether, Ethereum

Androklis Polymenis gives 1 Million NXT to Brain Preservation

February 27, 2014 by Socrates

Generous donor Androklis Polymenis has been a Singularity 1 on 1 fan since the very first episodes of my podcast and I was very happy to help facilitate this donation to the Brain Preservation Foundation in support of their vital research in long-term static storage.

Here is the full text of the official PR release:

Androklis Polymenis Donates 1 Million NXT coins to Brain Preservation Foundation

brain-preservation-foundationAshburn, VA— The Brain Preservation Foundation (BPF) has received a one million NXT coin ($43,000) donation from the digital currency entrepreneur Androklis Polymenis. The donation goes toward supporting its research into the development of a scientifically-proven medical procedure capable of preserving a person’s unique neural circuitry at death with the hope of allowing that person to eventually be brought back to life by future technology. This large donation will be used by the BPF to help fund its electron microscopic evaluation of cryonically and chemically preserved animal brains which are provided to the BPF by the research groups competing in its Brain Preservation Technology Prize. This is a challenge prize offered to any research group which can rigorously demonstrate a technique capable of preserving an entire human brain with such fidelity that the structure of every neuronal process and synaptic connection remains intact and traceable using today’s electron microscopic imaging techniques. Mr. Polymenis’ generous donation will also help fund targeted research grants to scientific labs with the skills needed to overcome current limitations in cryonic and chemical preservation protocols.

NXT-logoThe BPF is very happy to accept this donation in the form of digital currency as we appreciate that digital currencies may represent the future of money -just as brain preservation may represent the future of end-of-life care. In fact, the unique attributes offered by a purely digital, decentralized currency possibly make it uniquely suited as a means of retaining one’s wealth even while in long-term biostasis. A hallmark of digital currencies is their reliance on cryptographic codes as the sole means of accessing the currency, i.e. if the access code to a cache of digital currency is lost then the currency itself is effectively lost forever. This means that a person wishing to retain their wealth across what could be many decades of biostasis might attempt do so by memorizing their access code and destroying any physical record of it –putting this wealth out of circulation until their future revival with memories intact. Technical and legal questions abound, but the idea may give fresh reason to doubt the phase “You can’t take it with you.”

The donation was facilitated with the help of Nikola Danaylov, founder of SingularityWeblog.com and host of the popular Singularity 1 on 1 podcast.

Biographical information on Androklis Polymenis:  Androklis Polymenis (aka kLee) is a 37-year-old digital currency entrepreneur. He was born in Thessaloniki, Greece and went on to complete a degree in Computer Science. He has worked as a software developer as well as a computer science teacher for high school students. In 2011 Androklis discovered Bitcoin and was completely amazed by this revolutionary platform. He quickly grasped the enormous potential of such a disruptive technology and went on to become one of the early investors in NXT digital currency. Today Polymenis has committed his full attention to the exploding field of cryptocurrencies and his own startup company UbiCrypt, with the goal of providing innovative solutions for NXT. In his spare time Androklis works on bringing together the worlds of promising disruptive technologies such as digital currency and life extension, with the goal of sparking greater public awareness and support for both.

###

For additional information contact:                 Kenneth Hayworth, PhD

President, Brain Preservation Foundation                (818)-554-5992

 

Related articles
  • Ken Hayworth on Singularity 1 on 1: Brain Preservation is the Logical Lifeboat
  • Androklis Polymenis Donates 1 Million NXT to Alcor

Filed Under: News Tagged With: cryptocurrency

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Ethos: “Technology is the How, not the Why or What. So you can have the best possible How but if you mess up your Why or What you will do more damage than good. That is why technology is not enough.” Nikola Danaylov

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