Type

On airplane, life and depressurization

When airplane takes off and lands (flies), it performs very specific function, it moves from one point to another. Each time airplane flies, it goes through depressurization. When airplane performs its fundamental function and as a result goes through depressurization, it wears down its frame and composite, eventually expending its life cycle.

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2ndlawGiorgi Gurgenidze
Why law, you say

There is one trait that has stuck with me throughout the years and that sometimes creeps out in some of the conversations I have. I’m talking about my worship of curiosity, making it the master of my life. It is not lets-break-down-this-thing-and-put-it-together-kind of curiosity, but the one that questions fundamental motives behind events and actions. While it sounds like every other ordinary curiosity on paper, it has shaped and guided my life.

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lawGiorgi Gurgenidze
Against short-termism

You get an idea for some exciting venture. The more you think about it, the more it excites you - and that is the beauty of ideas. After all some of them are so good that however long you think about them you do not wear them down. But rarely such ideas left to one’s selfish excitement would bring a change and have an impact on the outer world.

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2ndlawGiorgi Gurgenidze
Exogenesis versus Geogenesis: Where Did Life Originate?

From Nicholas L. Sharp

There are many theories as to how and where life originated in the universe. Conventionally, biologists claim that life originated on Terra independently of any other life in the universe. They also believe that extraterrestrial life is highly unlikely. However, unorthodox theories like panspermia have become increasingly more accepted by biologists in the last several decades.

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2ndlawGiorgi Gurgenidze
Virtualism

Originally written in 2009

In some aspect, modern society could be referred to as a virtual one, which happens to be a common case and is the result of all the spreading media possibilities and its channels we have today, as well as the commercial role of art, entertainment industry and the contemporary literature of the twentieth century. Pretty much is said on how visual media is influential, the textbooks of McLuhan serve as basis and the rest can be derived from the modern internet space and best-sellers on the popular bookstore shelves. The discussion below will be not addressed that much around how but when, why and where did it (virtual society) take such a role in our culture and through which tools.

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cultureGiorgi Gurgenidze
Plodding Mediocrity (Part IX)

These series are from April 2018

SRO is RYP: In this section I will set myself loose and cover thoughts and possibilities that do not yet stand a legal or scientific ground. These are like puzzle pieces from different sets and that I like to put together and experiment with, so what follows is theoretical approach and not factual in nature.

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Plodding Mediocrity (Part VIII)

These series are from April 2018

Goat Marathon: I had to provide too much information because we are not living in a sterile vacuum. You must get overwhelmed by all the interconnections, regulations, ambiguity and questions that are left open. The mess in the head becomes unbearable. Up until this section things were more combed. Here and afterwords I want to include things that didn’t make the cut for specific topics but which are current and interesting issues. In Goat Marathon I’d cover scattered things that are indicative of market players and situations that we should take a note of.

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Plodding Mediocrity (Part VII)

These series are from April 2018

Exchange and brokers: In previous sections I tried to cover important topics that were related to the cryptocurrencies statically, from within. I’m sure I’ve left more ambiguity and questions rather than answers there. In this section I am going to cover everything that is exchange and broker related. As much ambiguity as cryptocurrencies might have within themselves, when they trade and constitute exchange or market they are even more vulnerable to interconnectedness that is defined by nonexistent regulatory enforcement. I will try to cover topics that are less regarded or again boring with some regulatory updates and infrastructural descriptions. Hold tight.

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Plodding Mediocrity (Part VI)

These series are from April 2018

Token instruments: Two major concerns in prior sections were a) is bitcoin commodity or currency and what consequences this might have and b) how taxing bitcoin as a property by IRS might stifle its adoption as a currency. These previous two sections are interrelated and important primers. If they become clear over time they will solve lot of upcoming issues and will provide more clarity. Now I’d like to go through various implications that tokens have as financial instruments. Some are well-known and some are really brief because they are not yet fully implemented. Again lot of information to digest, but this is exactly the point, we do not deal with well defined assets and market, the more things I cover the better I paint the chaotic picture that I think we have.

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Plodding Mediocrity (Part V)

There series are from April 2018

Bitcoin taxed as property - hurdle to medium of exchange: If previously I wanted to dive into the topic why classifying bitcoin as a commodity will hurdle its adoption as medium of exchange, here I would like to briefly cover bitcoin’s current taxation nature - that of a property. I am in no position to give any tax advice to anyone, but the mere outlines from IRS already show some hurdles to bitcoin’s adoption as medium of exchange and I would like to address those. This issue is not out-of-sight, many people discuss it now seen that it’s a tax season. People are questioning their choices and are in position where they need to decide to realize losses, which as well can reflect itself in crypto-to-fiat sell-off on the market.

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Plodding Mediocrity (Part IV)

These series are from April 2018

Commodity class of bitcoin - hurdle to stability: In this section I am going to talk whether bitcoin is a currency or a commodity. Eventually I don’t think this subject will be clear to the reader, because it encompasses various complex topics starting from understanding currencies to how forex market works. Main point I would like to make here is that it is still early to agree that bitcoin is a commodity and regulate it as such. Classifying bitcoin as a commodity further brings ambiguity for the long-term vision and, as well, raises its stability questions.

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Plodding Mediocrity (Part III)

These series are from April 2018

Key takeaways from recent senate and house hearings: So far I’ve explained the reasons why a fund manager based out of developing economy can be willing to watch happenings in the United States regulatory environment. This leads me to point out my views on recent Senate and House hearings. I’ve covered Senate hearing in more detail before but this time I’m going to dryly cover what was said, during both of those hearings. I will place the remarks and comments that will have a recurring importance in the remainder of this work in italic. This part risks to look dry but it will serve me as the foundation for the issues I’ll try to address and that are going to be more specific, going beyond “how to create ICO-friendly regulatory environment”.

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Plodding Mediocrity (Part II)

These series are from April 2018

Challenges of a remote fund manager: I would like to elaborate and discuss the challenges and perspectives of fund managers from around the world and their approach towards the crypto regulation. One of the benefits that this industry has brought is that it democratized fundraising to some extent. While I might be argued that it did not, because democratization did not come from the fundamentals of the technology but from the lack of any regulatory oversight, I will counter this that technology bears the promise of such democratization and high influx of funds from all over the world forced the regulators, if not to rethink, to at least challenge their opinions, requiring of course important steps in rule-making (these are addressed at the later stage here).

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Plodding Mediocrity of Crypto Regulations

These series are from April 2018

Introduction - Following is a long Public Service Announcement (PSA). Because many people participate in crypto economy, either through technological contribution, speculation, investing or else, I feel there is a need to shed a light on some issues that are not loud enough. Ideally crypto economy is built around the open-source and most of the information must leave private chat rooms and be available to the public. I am pretty sure the issues I will try to cover are much better analyzed by the relevant people in respecting fields, but because a) these issues look boring, b) are not popular “bull” views and c) are not commercial in nature they are deprived from the light. I consider them to be worth the awareness of the common public, to make public think about these issues and deliberate more. Unfortunately I’m not submitting solutions at this stage, but status quo in the field looks a little bit appalling to me.

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