Bitcoin started at $.008, and today is worth over $12,000. What's the deal with other cryptocurrencies? We're here to help.
Unless you have been living under a digital rock for the last few weeks, you may have noticed that Bitcoin has been on a bit of a rollercoaster lately. Bitcoin is the world's best-known cryptocurrency, a digital form of money that is anonymous, decentralized, and simple to use. As the production and use of cryptocurrencies have improved over the last few years the number of cryptocurrencies in existence has skyrocketed; along with their values.
Why do you check your phone 150 times a day? Is it a conscious choice, or have the attention merchants gotten into your head?
Do you really have sovereignty over own your mind anymore? Tristan Harris, a design thinker and former ethicist at Google, points to how smart phones changed our contract with advertisers, and our relationship with reality. Rather than being presented with choices as a consumer, software engineers at companies like Facebook leverage deep psychology to make their products addictive. The longer and more often sites and apps can hold your attention, the more they can make in advertising revenue. This is the attention economy—and it's why the average person checks their phone 150 times each day. It's also why Facebook is a free service—'if you're not paying for the product, you are the product,' as the saying goes. Harris explains that the constant tug-of-war on our attention won't end until consumers demand it: we have to ask for a subscription model. In the meantime, consumers can empower themselves by resisting the lure of these psychological hooks. If you walk into a cafe and there's a queue, don't look for the reality escape hatch that is your phone. Spend some time in your own thoughts. Exercise your willpower. Technology is a wonderful thing, but mindfulness, conscious choices, and real-world connection are all too easy to lose in the attention economy. To find out more about Tristan Harris, head to tristanharris.com.
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