Distributed Slot Machines: Control of Ware in the Hands of a Few

Introduction. Welcome to Part IV of my (that is, 7/.V) “In the Hands of a Few”(ITHOAF) article series. Here I show how we get “fooled by randomness” – with a slight abuse of Nassim N. Taleb’s terminology. If you search the Internet for “4,448,419” you will find the U.S. patent “Electronic Gaming Device Utilizing a Random Number Generator for Selecting the […]

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2 Fast 2 Furious Need 4 Speed (High-Frequency Trading) Antidote

Introduction. This is Part III in my (7/.V) article series “In the Hands of a Few” (ITHOAF) with a touch of Tokyo Drift of the action movie series “The Fast and The Furious” (F&F). Too much drift can be deadly: Saleen Automotive Inc. – an American manufacturer of specialty high-performance sports cars with the slogan “Power in the Hands of a Few” – […]

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Imperialistic Democracy of Bitcoin: Power of Money in the Hands of a Few

Introduction. This article is essentially the second chapter in the series “In the Hands of a Few.” It is recommended, but not mandatory, to have first read the chapter on “Big Data Brother” to appreciate the terminology and examples. I also share some terminology with the previous blog post by 8RD+ (@ http://versustakes.co) although my topic is much different from it. And […]

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In the rougher seas of water: Hamilton, Hamilton, and… Hamilton.

In “The Wave: In Pursuit of the Rogues, Freaks, and Giants of the Ocean,” author Susan Casey describes the who’s and why’s of surfing tsunami-size waves. These killer waves have become more frequent and they hit with more punch than registered before. They do not only attract big-wave surfers, such as Laird Hamilton, or wannabe surfers […]

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