Quote from: Rigorous on October 14, 2017, 09:09:01 PM

Quote from: SixFigures on October 14, 2017, 04:46:40 PM

Quote from: Rigorous on October 10, 2017, 11:23:10 AM

Quote from: SixFigures on October 10, 2017, 10:18:23 AM

Quote from: Rigorous on October 06, 2017, 07:02:27 PM

Another example is medical data. For example, if hospitals combined all data on cancer treatments and cancer patients, there could be more effective treatments. The reason is that cancer is commonly treated in a one-size-fits-all fashion (tons of chemo and radiation) instead of a personalized treatment based on the type of cancer and its location among other characteristics.

But many hospitals prefer to sit on their data, which by the way is often stored in a non-standard proprietary format too. This situation is not helped by privacy advocates fighting medical databases.

https://www.statnews.com/2017/06/06/data-sharing-cancer-treatment/

Now we are straying far away from GATCOIN's area but I think the message that analyzing consumer data could provide a mutual benefit is clear.

Yes this is another very interesting and relevant example from your side. I think you can gain infinite benefits from analyzing data over and over again. Logically, there is no limit to the results that you could gather from a growing set of data. We need the infrastructures in place that provide sufficient security for all the data to be pooled and analyzed without violating privacy aspects. We are on the right way I think.

The danger lies in "there is no limit to the results that you could gather from a growing set of data." You can combine and massage data in any way you want to get any result that is desired.

Risking a Godwin, here is an example:

Chillingly, there can be no question that the Geheime Staatspolizeis aura of omniscience was due in no small measure to its special competence in gathering and organizing huge quantities of data on resistance movements, potentially subversive individuals, informers, industrial firms, publications, even other security agencies, and making that information readily accessible to its field agents through an ingeniously contrived system of multi-colored index cards. One shudders to think what the Gestapo might have done with just a handful of the data-mining tools currently employed by the NSA.

And:

the "only way to protect the peoples privacy is not to allow the government to collect their information in the first place.

http://www.businessinsider.com/stasi-talks-about-nsa-surveillance-state-2013-6

Or perhaps more relevant to us:

Miners are getting jailed and accused of terrorism, money laundering, computer crimes and many other crimes, read one comment from a user who claimed to be Venezuelan.

https://www.washingtonpost.com/news/worldviews/wp/2017/03/10/bitcoin-mining-is-big-business-in-venezuela-but-the-government-wants-to-shut-it-down/

Filling in those PC hardware cashback forms with your name and address could land you in trouble. If GATCOIN has a way to redeem rewards without giving away that much personal information, that would be a boon for privacy.

I 100% agree with you and I like the sources you provided. I think with blockchain infrastructures we are on a good way to have both massive data analytics and individual privacy. How it all plays out? We will see in the future Wink

Those examples of mass surveillance for oppression, despite the deep imprints they have left in history, are symptoms of an unsolved fundamental economic problem in the world: resource scarcity.

but the question for me arises whether scarcity is exclusively a problem? Without scarcity, much of the incentives that drive innovation, efficiency and performance would be gone. Scarcity is probably good and bad at the same time. Would you agree with that?