A Brief History of Money (IEEE) — money is fragmenting, moving from a shared delusion to a just-in-time collusion. Understand its past to understand its future. The Lydian system’s breakthrough was the standardized metal coin. Made of a gold-silver alloy called electrum, one coin was exactly like another—unlike, say, cattle. Also unlike cattle, the coins didn’t age or die or otherwise change over time. And they were much easier to carry around. Other kingdoms followed Lydia’s example, and coins became ubiquitous throughout the Mediterranean, with kingdoms stamping their insignia on the coins they minted. This had a dual effect: It facilitated the flow of trade, and it established the authority of the state. Money and power are intertwined. With Anonymous popup-tent power structures and uncertainty over the meaning of “state” in the age of the Internet, we’re waiting for the money flip. Paypal was step 1. Bitcoin was step 2. What next?
Senate Are Dicks to Open Source (Wired) — In a bill recently introduced on Capitol Hill, the committee questions whether Accumulo runs afoul of a government policy that prevents federal agencies from building their own software when they have access to commercial alternatives. The bill could ban the Department of Defense from using the NSA’s database — and it could force the NSA to meld the project’s security tools with other open source projects that mimic Google’s BigTable. Because software development is best governed by politicians. FFS.
Open Source at NetFlix — we’ve observed that the peer pressure from “Social Coding” has driven engineers to make sure code is clean and well structured, documentation is useful and up to date. What we’ve learned is that a component may be “Good enough for running in production, but not good enough for Github”. This quote is gold. (via Matt Asay)
The Internet of Things That Do What You Tell Them: Cory Doctorow passionately explains how computers are already entwined in our lives, which means laws that support lock-in are much more than inconveniences.