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Author Topic: Eric Schmidt talked about Bitcoin on MWC Keynote  (Read 5588 times)
Ukigo
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February 29, 2012, 09:56:28 AM
 #21

Closed for / from whom ?
Unaccessible for Google ?  Smiley

About "balkanization" -- that was my understanding -- IDK about what
 he was really talking about.

 There are many other interesting points there.

"...Enemies are everywhere ! Angka is all rage ! Be a good soldiers, blow everything... " <-- Pol Pot (C)
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February 29, 2012, 10:36:15 AM
 #22

Closed for / from whom ?
Unaccessible for Google ?  Smiley

No, precisely, I agree. However I'm with Schmidt on that one, the more information that is directly reachable, the better. Yeah, it's good for Google, and he could be all about profits, but it's an open situation. Who's to say a decentralized search engine won't replace Google one day? I would like it to be able to index as much as possible too. With that kind of segregation, it would be impossible to index the web without making deals with giants like facebook, and that won't work for an open search engine.
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February 29, 2012, 10:49:48 AM
 #23

"Balkanize the internet" refers to splitting it up into separate networks under different control/jurisdiction and that they don't play well together.

For example, the SOPA stuff with rules for foreign websites vs. US websites and other similar ideas. You could end up with hundreds of national networks that may/maynot link with each other according to national laws. Basically he's saying we should try our best to avoid going down that road.

Obviously for Google that would be terrible but also for many other companies and just the general public. But it may be what legislators want due to special interest lobbying.

http://en.wikipedia.org/wiki/Balkanize

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February 29, 2012, 10:55:59 AM
 #24

Yes , segmentation of the Inet is bad for such open search engine.
But this can be addressed :
 1) Say we have several isolated segments of the Inet-3
 2) run 1 customized instance of the search  engine per segment
 3) let them cooperate with each other through special designed bridges
 to share results of their searching.
 4) Profit !!

"...Enemies are everywhere ! Angka is all rage ! Be a good soldiers, blow everything... " <-- Pol Pot (C)
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February 29, 2012, 11:04:53 AM
 #25

Yes , segmentation of the Inet is bad for such open search engine.
But this can be addressed :
 1) Say we have several isolated segments of the Inet-3
 2) run 1 customized instance of the search  engine per segment
 3) let them cooperate with each other through special designed bridges
 to share results of their searching.
 4) Profit !!

I think effective segregation requires that there will be preventive measures against this too (it would be prohibited for at least one of the points). On the bright side, it would effectively make decentralized (and even dark) search engines much more appealing. Smiley
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February 29, 2012, 11:13:51 AM
 #26

What if someone will invent cheap distributed search engine ?
Google will be toasted !!

YaCy.net  Smiley
Seeks Project

google is not toasted yet tho  Embarrassed

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February 29, 2012, 11:38:32 AM
 #27

Quote


I think Bitcoin is Google Bucks.  And Larry and/or Sergey is Satoshi.

This is interesting.  Do you have any more evidence?
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February 29, 2012, 11:39:58 AM
 #28

google is not toasted yet tho  Embarrassed

I don't think Seeks is a distributed search engine. I'm running YaCy on and off for the last couple of years though. Has a long way to go (Why is almost every good bit of such software written in Java? I hate it!), but it's in the right direction.
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February 29, 2012, 12:10:09 PM
 #29

(Why is almost every good bit of such software written in Java? I hate it!)

it's a good language for prototyping isn't it  Cheesy

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February 29, 2012, 12:16:44 PM
 #30

Google thought about issuing its own currency http://www.itworld.com/networking/254124/google-once-considered-issuing-currency

Looking to review Bitcoin / Crypto mining Hardware.
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February 29, 2012, 01:54:34 PM
 #31

and even then...

Bingo

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February 29, 2012, 04:35:53 PM
 #32

It's up now: http://www.youtube.com/watch?v=4DKLSO8wYzk

Here's were the Bitcoin discussion takes place: http://www.youtube.com/watch?feature=player_detailpage&v=4DKLSO8wYzk#t=2048s
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February 29, 2012, 04:47:44 PM
 #33


Thanks for that.  The Bitcoin question starts at 0:34:10.  Bitcoin got 90 seconds of prime time.
 - http://www.youtube.com/watch?v=4DKLSO8wYzk#t=2050s

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February 29, 2012, 05:00:33 PM
 #34

He sounded genuinely pro-Bitcoin, even a little defensive towards it, though he quickly disavowed it's legality. It's funny that he works with technology that is changing not only civilization, but our own physiological evolution, yet refuses to openly acknowledge the potential of Bitcoin. I think he's a closet Bitcoiner that is in it just enough to not be caught at it.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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February 29, 2012, 05:09:50 PM
 #35

Yay for Eric Schmidt and the "free" market!

Funny how so many hold google in high esteem. Remember Alta Vista? Who killed Alta Vista?

State sponsored capitalism = facism

google makes money how? They give most all services away for free? They have vast warehouses of compute power and pay for it how?

Searching isn't enough, but knowing what the urchins are searching for is gold.
Let's see initially for gmail you had to get an invite. So they had a chain of trust/blame.


Yes store all your email on their servers.
Store all your docs there.
Store your calendar there.
Store your address book there.

They track you by pretty much any website you visit. Try dropping google traffic at your firewall and then go browsing.

It's all free! (Well your tax dollars are hard at work)
Don't forget all those millionaires sprung from google.

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February 29, 2012, 05:11:36 PM
 #36

Yay for Eric Schmidt and the "free" market!

Funny how so many hold google in high esteem. Remember Alta Vista? Who killed Alta Vista?

State sponsored capitalism = facism

google makes money how? They give most all services away for free? They have vast warehouses of compute power and pay for it how?

Searching isn't enough, but knowing what the urchins are searching for is gold.
Let's see initially for gmail you had to get an invite. So they had a chain of trust/blame.


Yes store all your email on their servers.
Store all your docs there.
Store your calendar there.
Store your address book there.

They track you by pretty much any website you visit. Try dropping google traffic at your firewall and then go browsing.

It's all free! (Well your tax dollars are hard at work)
Don't forget all those millionaires sprung from google.

Advertising. En masse. It is 97% of their revenue, and making it targeted is in the interests of the advertisers.

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February 29, 2012, 05:18:16 PM
 #37

What does Schmidt say at one point, Bitcoin is "nuts"?
cbeast
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February 29, 2012, 05:19:36 PM
 #38

What does Schmidt say at one point, Bitcoin is "nuts"?
It sounds like he is responding to someone off mic.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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February 29, 2012, 05:20:07 PM
 #39


Thanks for that.  The Bitcoin question starts at 0:34:10.  Bitcoin got 90 seconds of prime time.
 - http://www.youtube.com/watch?v=4DKLSO8wYzk#t=2050s


So did anyone read up on what this "faircash" is? Since the guy asking likes P2P payments but think that Bitcoin is nuts it would be interesting to know what his system is about. I found the web site but I haven't had time to read through the technical details yet.

www.bitcoin.se - Forum, nyheter och information på svenska! (Forum, news and information in Swedish)
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February 29, 2012, 05:21:00 PM
 #40

What does Schmidt say at one point, Bitcoin is "nuts"?
It sounds like he is responding to someone off mic.
He is parroting what the off-mic person said, it doesn't appear to be his own sentiment.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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