Kate craig wood bitcoin value
The number of women has plummeted from 21 per cent to 16 per cent in the last five years. Memset itself, which is a Deloitte UK Technology Fast 50 companyis in the fortunate position of not needing to make redundancies as it is growing fast, thanks to the current wave of cost-driven IT outsourcing. Regardless, Memset remunerates staff in line with merit, not gender, unlike many IT companies. I found your post very interesting, and would like to ask a few questions.
Obviously I agree that checking the salaries of two people doing the same job to the same level is important for any business — aside from anything else, why pay more for the same work?
That anybody might feel the need to do that is horrifying and an issue that certainly needs addressing. What would you suggest an IT company does to make itself more attractive to female applicants? Positive discrimination is obviously not possible, so what can companies do when they receive far more in some cases only applications from men? Honestly, you think that men should be fired first because they earn more than women in IT??
In our society, boys and men are expected to learn about machines, tools and how things work. Such a world view emphasizes objectivity, rationality and control. You should know this, because facing facts you are biologically a man. Pay levels, these may well be higher thanks to longer service and consequently the cost of redundancy could be significantly greater, looking at the people I work with there are six of us who have been involved since with the rest joining much later. Women are far better protected than men by employment law and also receive far greater benefits as a result of those laws, whilst headline salaries may be lower, the cost of employing females versus males is actually much higher, given that redundancy costs would be lower and on costs would also be lower surely it makes better long term sense to remove the women first if we are to take your purely fiscal logic to its conclusion?
Generally speaking an employer should be paying a staff member what they are worth regardless of gender and to purely look at wage cost as a method of deciding on redundancy risks leaving a company without many of its key people. This complete lack of foresight may well leave that company in an extremely weak position when times improve and there is a need for growth as the key people who cost more have been cut. In summary, cutting people purely on cost is likely to be a recipe for long term disaster regardless of gender.
There is absolutely an avoidance of the industry by women because of the imbalance, or to be more specific we are losing women due to it — a positive feedback loop! A classic case is where there is a balanced intake of graduates to an IT firm, and then after 3 years the proportion of women has plummeted. Of course I do not genuinely believe that men should be preferentially selected over women for redundancy based on their gender — that would be blatantly sexist.
I admit, however, using a somewhat provocative title — and it has certainly provoked a reaction!! As for guys being better at tech, I believe that is due to socialisation, and I am the case in point. I am not advocating simply cutting people based on what they cost, but rather their cost-merit ratio. Therefore, before making redundancies, measure performance, compare it with cost, and separate the wheat from the chaff — it is just likely that there will be many more men among the chaff!
A selection of the lovely comments from The Register when they ran the article — a sample of the views that some of the men in the IT industry see fit to make public when they can hide behind anonymity:. Sorry ladies, you cant have your babies and eat them too.
I sincerely hope that the men you refer to are a vocal minority. I was under the impression that there was a lot of empirical evidence for women living longer than men when averaged over a sufficiently large sample set. Additionally, I have spent the last three years becoming an increasingly attractive woman. During that time it has become increasingly hard for me to establish credibility with male IT-folks who do not know me on technical subjects going blonde greatly exacerbated the effect!
As an aside, the reverse-parking thing actually has some merit since guys do tend to have better visuospatial awareness thanks to being evolutionarily-designed to be good at hunting. Conversely, women are designed to be good conveyors of information and community builders. My sister and I were both brought up in the same environment, where my father an instruments engineer worked away most of the time.
My sister on the other hand…without the male influence, took it upon herself to become the girliest girly girl there has ever been and there was a time where all she was interested in was shopping, make-up and other girly bits n bobs.
Now my point… its personality, not gender. Certain environments or expectations can develop reactions in people in totally different ways to either rebel or conform. With regards to transgenderism being linked into this conversation, or any other related to this, I know that I have connected with Kate as a person better than most. I feel I am talking to a like-minded, strong willed businesswoman, what is exterior to the mind holds absolutely no bearing on this topic.
If that is the case…does it really make a difference? Indeed, which means we have more than twice the industry average of women at management level. I have been a pilot for over 20 years and share the sky with an increasing number of women each year. If women can make noticeable and substantial inroads into these industries, why not IT?
Profile cancel Sign in with Twitter Sign in with Facebook. Its an interesting concept but is on the whole fundamentally flawed on many levels. A selection of the lovely comments from The Register when they ran the article — a sample of the views that some of the men in the IT industry see fit to make public when they can hide behind anonymity: This is a subject that is close to my heart so I just had to have my say.
Which cryptocoins will survive? Hosted on a Memset dedicated server.
Birch, a director of the secure electronic transactions kate craig wood bitcoin value, Consult Hyperion. A few people e-mailed me about the recent no. Personally I still think it is MTV, but other, better-informed people, think it might be assassination markets. More than one correspondent sent me a link to this article in Forbes. The website Assassination Market, a crowdfunding service that lets anyone anonymously contribute bitcoins towards a bounty on the head of any government official.
Nassim Taleb taught us that. But not necessarily for the reason most people think. A common criticism of the secular stagnation and post-scarcity theory is that it is contradicted by the fact that unacceptable levels of poverty exist in many places around the world, and in particular the developing world. Or so, at least, the argument goes. But perhaps the question we kate craig wood bitcoin value be asking is what continues to frighten investment capital away?
FT Alphaville chaired a fortuitously timed Chatham House panel on Bitcoin, alternative currencies kate craig wood bitcoin value the future of money on Tuesday evening. The panel included the man who signs all the UK banknotes, Chris Salmon a. The audio can be found here. So the Feds have finally busted Silk Road, the digital black-market platform which happily brokered everything from LSD and cannabis to heroin and computer-hacking services online, most frequently in exchange for the crypto-currency Bitcoin.
The value of which did take a beating, but perhaps not as much as might have been expected:. Miles Kimball, economics professor at the University of Michigan who blogs at Confessions of a Supply-Side Liberal, is fast becoming the poster child for the movement to introduce an e-money solution to overcome the ZLB problem.
Fajo, it turns out, is an obsessive collector of all things one-of-a-kind. He values Data because there is only one of him in the universe. At least a year. Problem is, nobody will talk honestly about the angle we want to discuss.
Safe assets, which we should add, are often held in bonded warehouses in places like Geneva, outside of the reach of tax authorities, and which later become a type of bearer security in their own right as the depository receipts which allow redemption of the assets begin to circle amongst the wealthy as their own type of non-taxable currency. Hot on kate craig wood bitcoin value heels of the hilarious Wiklevoss Bitcoin Trust, a satirist over at The Guardian has created an hilarious virtual bitcoin entrepreneur called Kate Craig-Wood.
Kate and her friends discovered they could magic cash out of nearly nothing, simply by building bitcoin mining machines housed in plastic crates and letting them do their money-making stuff. She then learned about the world of virtual stock exchanges…. Elsewhere on Wednesday, - Does the Dutch central bank employ any macroeconomists?
Bloomberg has been caught in another leak of client kate craig wood bitcoin value. More than ten thousand confidential trader messages were left online for several years, accessible through a Google search, until taken down on Monday. The problems may be linked to a hacker and extortion attempt. The portal, rather ironically for an illicit website, is now offering a reward for information leading to the arrest and conviction of whoever is behind the attempt.
Though Silk Road has been experiencing other problems too, not least the hyperdeflationary effects of the Bitcoin rally:. The operation was a complete success; the patient died. Big news for the Kate craig wood bitcoin value Union Allowances market. There is no intrinsic value to a Bitcoin. A great pick-up from Climateer Investing on the extremely important subject of whether we are collectively, as a planet, mismeasuring GDP by failing to account for the transformation of the economy into a service-oriented, information-based, digital entity.
Most measures of economic performance used by government officials to inform kate craig wood bitcoin value policies and decisions kate craig wood bitcoin value based on GDP figures.
But, many concerns have been raised about the adequacy of GDP-based measurements given the major structural changes that economies around the world have been going through over the past few decades.
GDP is essentially a measure of production. While suitable when economies were dominated by the production of physical goods, GDP kate craig wood bitcoin value not adequately capture the growing share of services and the production of increasingly complex solutions that characterize advanced economies. Nor does it reflect important economic activity beyond production, such as income, consumption and living standards.
Economists, anthropologists and historians have debated the nature of money for generations. It is fair to say there are many conflicting opinions. InNarayana Kocherlakota, the current president of the Federal Reserve Bank of Minneapolis, however, made an enigmatic observation.
The price of BitCoin soared to newly extreme levels on Monday. Chart courtesy of Bitcoin Charts. Markets Equities Currency wars Bitcoin Central banks. Central banks Markets Equities Bitcoin. Bitcoin Equities Central banks Markets.
Bitcoin Central banks Equities Markets. Markets Central banks Equities Central bank intervention Bitcoin. Markets Equities Bitcoin Central banks. Markets Climate change Bitcoin Equities. Newer results You are on page 9 Older results. FT Alpha Tweets Tweets from https:
Money is a strange phenomenon. Our modern notion of it mean that in essence it is intrinsically useless apart from as a medium of exchange. Our government, regulators, law and communities agree that phenomena whether a physical banknote or an electronic ledger such as a bank account have certain value, in certain units and certain denominations.
From a cultural perspective however, things are not quite so clear. As society advances technologically kate craig wood bitcoin value socially we find that many things which were thought of as fiat can change. This is both a move of progression the expansion of culture and efficiency helping to communicate the zeitgeist more accurately.
Crypto-currency is an interesting phenomenon. It is a system of exchange which exists as fiat in nature, but which also has security. Traditional currency is secured kate craig wood bitcoin value the notional protection of the central bank from where it is issued- whilst crypto-currency is secured by the integrity of the system kate craig wood bitcoin value.
Subverting a traditional currency is made impossible due to the supranational power of the issuer, and subverting a crypto-currency is theoretically impossible due to the mathematics kate craig wood bitcoin value breaking the encryption.
To learn more, I spoke to two world experts. Campbell Harvey] Crypto-currency is a means by which people can exchange property in a secure way without the use of a central institution like a bank or the Federal Reserve. The currency is digital and particular crypto-currencies like BitCoin go to extreme lengths so that you can only spend your digital currency once.
Think of it this way. You can exactly make a copy of a picture or some music on the computer. It is a perfect counterfeit. You can do the same with a currency code. Hence, it is very important to keep track of the codes so that you only spend it once. Unlike real money, they are decentralised and transactions are free; no bank in the middle taking their slice and nothing central to fail.
They are as real as real currency and can be used to purchase anything from Starbucks coffee through to Jaguar carsmany well known brands are starting to accept BitCoin payments.
Campbell Harvey] Digital currencies began in the s. However, they only really became popular when BitCoin was introduced in BitCoin solved a key problem it prevented people from spending the digital currency twice. Right now the market is very small. For comparison, the total size U. However, there are now thousands of crypto currencies with Litecoin the second most popular.
The main difference is based on the scrypt algorithm used to mine the coins. Aside from mining there is little to distinguish coins to the user. Campbell Harvey] Many people speculate in BitCoin. It is approximately 8 times more volatile than the stock market. However, that is not the primary use of BitCoin. BitCoin is designed to efficiently and securely aid in transactions.
There is no central clearing house. There is a central general kate craig wood bitcoin value. People check the ledger to make sure you have the BitCoin to pay. After each transaction, the transactions go into a pool that will be eventually added to the general ledger. Anybody connected to the BitCoin network can check the ledger. Excitingly, a new market has emerged where you can trade virtual company shares in exchange for crypto coins.
It is remarkably secure. That seems completely infeasible. This is one of the big advantages of BitCoin — the ledger is practically unhackable. There are no technologies on the horizons that even come close, even including quantum computing. Gox was a third party — a sort of bank. It was somewhat akin to a regular bank have their doors open, the vault open, no security, no employees, no cameras. The weak link in the security of your BitCoins tends to be where you store them — ie.
Campbell Harvey] The block chain or kate craig wood bitcoin value ledger could be a secure repository of private information, property ownership, and conditional contracts. For example, consider buying a car. The dealership sells it to you and it goes into the block chain. You have a private code that identifies you as the owner. Only you can start the car with that code. Some believe it is possible to use coloured coins to make fully distinguishable security exchange.
Such coloured BitCoins can be used for alternative currencies, commodity certificates, smart property, and other financial instruments such as stocks and bonds. In my view, you would need to redesign some crypto currencies from the ground up. Campbell Harvey] BitCoin might not be the final model but it is definitely here to stay. Many have criticized BitCoin because it enables illegal transactions. I think the critique is lame. Cash is the problem.
Indeed, with BitCoin there is a record of every transaction every made. As above, Litecoin is the leading competitor to BitCoin. It also has a strong developer community and even its own association. Although cryptocoins are designed to be decentralised and thus somewhat anarchic, they can quite easily be traced. Anoncoin is a scrypt-based coin like Litecoin.
Primecoin differs mainly in the way it is mined. Mining Primecoins consists of finding ever-larger prime number chains. SHA and scrypt coin mining is a complete waste of power and computation by comparison.
Change happens in waves. Innovations enter a culture, and are adopted with varying degrees of stickiness. In most cases, this creates [ often unexpected ] emergent phenomena which, over time, transform the way our world functions. Technology kate craig wood bitcoin value transformed commerce into something which is almost unrecognisable from the markets of even 50 years ago.
High kate craig wood bitcoin value computing, connectivity and software innovation now mean that we now treat money as kate craig wood bitcoin value of information. Surely therefore it is kate craig wood bitcoin value natural that bits of information should be treated as money? Could Crypto-currency Disrupt Money? Kate craig wood bitcoin value Language of Money Crypto-currency is an interesting phenomenon. So, could BitCoin disrupt money?
What are the principles behind crypto-currency? What are the key forms of crypto-currency competing in the current market? What has been the use of crypto-currency in the financial markets? What are the risks and challenges associated with crypto-currency? What are the alternative applications of crypto-currency? What do you see as the future of crypto-currency? Useful, functional differences to BitCoin.
A community of users and developers supporting it. Based on this, my top 4 cryptocoins which I think most likely to have a future are: The Future Change happens in waves.
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