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Monthly Archives: June 2017
Idaho teenager becomes millionaire by investing $1000 gift in Bitcoin – and wins bet with his parents – Telegraph.co.uk
Posted: June 24, 2017 at 1:54 pm
The teenagers story has captivated America, delighting people with its mix of childhood ambition, entrepreneurial skills and hard work. Mr Finman has been celebrated on news channels, and lauded in the tech community.For his story is little short of remarkable.
The tale began in 2011, when he was 12, and his grandmother gave him $1,000.
Mr Finman, whose parents Paul and Lorna met at Stanford University in the 1980s, when Paul was getting his PhD in electrical engineering and Lorna was getting hers in physics, took the cash and invested it in Bitcoin, following a tip from his brother Scott.
The Finman siblings, three brothers, admit to being fiendishly competitive. Erik describes his family as being the "Elon Musk version of the Kardashians" both his older brothers work in tech and engineering,and the youngest Finman was frustrated by school.
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Idaho teenager becomes millionaire by investing $1000 gift in Bitcoin - and wins bet with his parents - Telegraph.co.uk
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Bitcoin speculators are the new day traders – CNBC
Posted: at 1:54 pm
Younger, tech-savvy people are also more likely to play the digital currency markets and the high risk involved, Sunnarborg said. He estimates that about two-thirds of investors in cryptocurrencies are under age 40.
That same age category is less likely to invest in the stock market. Just one-third of millennials, or adults currently aged 21 to 35, said they owned a stock in a Bankrate study last July. In contrast, 51 percent of Gen Xers, or those age 36 to 51, said they owned a stock, and 48 percent of baby boomers, ages 52 to 70, according to the survey of 1,000 American adults conducted for Bankrate by Princeton Survey Research Associates International.
"The next generation is suffering from the same thing that the Gen Xers suffered in the dot-com bust," Winer said. "They're playing all kind of markets that they know nothing about."
He was referring to the speculative trading that ended in the stock market's plunge in 2000.
Traders and market strategists also worry that a "fear of missing out trade" has helped send U.S. stocks deep into record territory the S&P 500 has posted 24 record closes this year and is up 9 percent over that time.
The difference is this time, typical measures of overexuberance may not apply to stocks.
Bank of America Merrill Lynch's June global fund manager survey found that while a record 44 percent of managers say stocks are overvalued, their cash holdings have actually moved up to 5 percent, higher than the 10-year average of 4.5 percent. There's "no irrational exuberance" in contrast with the 1999 bubble, the note said.
However, sluggish global growth and easy central bank policy could limit investment returns, while people remain wary about stock markets after the financial crisis.
"I do believe that in a market with few attractive alternatives, speculation tends to become rampant," said Daniel Alpert, a founding managing partner at Westwood Capital. "And it almost doesn't matter what people choose to speculate in, as long as they believe there is a fool greater than they out there somewhere."
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Bitcoin speculators are the new day traders - CNBC
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When the Bitcoin Bubble Bursts – Bloomberg
Posted: at 1:54 pm
Financial markets are frothier than a millennial's 3-D latte. Investors are scrambling to throw money at Argentina, Vice Media and George Clooney's tequila. Only the crypto-currency craze seems to give us comfort there are worse bubbles out there.
One bitcoin is now worth
$2,677
The latest warning against digital currencies comes from Aberdeen Asset Management's top venture capitalist, Peter Denious. He blames a feeding frenzy of speculation for the explosion in prices and new coins.
"A lot of lessons will be learned and a lot of money will be lost, before a lot of money can be made," he told Bloomberg News. "It's a gold-rush mentality."
Bitcoin Boom
Crypto-currency craze is unsettling people but shows little sign of going into reverse
Source: Bloomberg data for Bitcoin Tracker, an open-end Exchange Traded Note incorporated in Sweden.
Denious is right to say that the market is speculative and unsustainable. Despite recent price wobbles, Bitcoin has almost tripled year-to-date, to $2,677. Its closest rival, Ether, is now worth more than 40 times its end-2016 level of $8.
This isn't because people are using crypto-currencies to buy homes or cars, or because regulators suddenly like them. It's seen as a way to make money.
Another Bubble?
BofA sees S&P 500's market cap relative to nominal GDP hitting all-time highs
Source: Bloomberg
It's hard, though, to separate the crypto craze from worries about regulated public markets and the real economy after a decade of ultra-cheap central-bank cash.
Everything's Fine
Volatility keeps getting crushed
Source: Bloomberg
Talk of a bubble permeates every aspect of today's financial markets. Bank of America research offered up several signs of "Wall Street excess" on Friday:
Bitcoin wasn't mentioned once. That makes it harder for the mud thrown at crypto-currencies to stick. Even Fidelity's CEO and John McAfee are mining bitcoins in this market.
The mind-boggling returns of crypto-currencies also reflect a desire to escape public market bubbles rather than just emulate them.
If bonds are the old world's safe haven, Bitcoin is the millennial generation's apocalypse insurance. Crypto-currencies are marketed as a direct expression of opposition to central-bank and government policy, far more so than gold.
Just as low yields push wealthy investors to take bigger risks -- like buying Argentinian debt -- some people see Bitcoin as an escape from financial repression and instability.
That's why Venezuela, where demand for digital coins is soaring amid triple-digit inflation, currency devaluation and political crisis, has one of the highest potentials for bitcoin adoption in the world, according to the London School of Economics. The other top country is -- you guessed it -- Argentina. Monetary experiments beget technological ones.
This doesn't mean that there are purely rational explanations for the actual price of crypto-currencies today, tomorrow or yesterday. If the bubble bursts, investors will have to lower their expectations as to what Bitcoin and its ilk can actually achieve without rampant speculation and illicit activity.
But the more worrying scenario is that political unease about central bankers and wealth inequality will help to funnel more money into crypto-currencies.
Societe Generale's Albert Edwards reckons citizens are close to turning on "unelected and virtually unaccountable central bankers" after years of economic crisis and stagnation.
Bitcoin's computer scientists don't deserve to be seen as a better alternative. But if the path out of the financial crisis takes a sudden turn for the worse, it may well be too late.
Both bubbles seem too closely connected for comfort.
This column does not necessarily reflect the opinion of Bloomberg LP and its owners.
To contact the author of this story: Lionel Laurent in London at llaurent2@bloomberg.net
To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net
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When the Bitcoin Bubble Bursts - Bloomberg
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Embracing Bitcoin – Seeking Alpha
Posted: at 1:54 pm
I continually get news feeds streaming across my computer telling me how other countries are jumping on board with Bitcoin. But, I read in American financial sites that say to stay away from Bitcoin. The fact is, as a medium of exchange, Bitcoin has tremendous value and ability. As an investment class, Bitcoin continues to move higher, latest pauses on the road to $3k. Bitcoin, as an asset class is heading much higher based upon supply and demand. Articles are being printed showing that Bitcoin could eventually print $1 million dollars. While I can see Bitcoin $1 million dollars, I am going to focus on the crypto-currency's move into from four to five digits for now; that is far more easily accessible.
It is very easy for Americans to dismiss Bitcoin. By, and large, Americans think in only one type of currency; The U.S. Dollar. So, when I read articles on major financial website trashing Bitcoin, I have no problem trashing the articles; the disconnect with Bitcoin is more because of a lack of understanding. A perfect example of a country that is not only embracing Bitcoin is Japan. Japanese are embracing Bitcoin at a very rapid pace. Because of this, demand is pushing higher and higher, and so is price. I see this as being continuous. I see Bitcoin pushing past $3k and, in fact, eventually hitting $10,000.00 per coin with an eventual price target of $1 million for Bitcoin. This is the framework of why that is going to happen.
Whenever I sit down with anyone who asks me about Bitcoin, I always show anyone the daily chart from just the past year alone - below. I then tell them they should consider Bitcoin as an alternative and explain the reasons why. I go into the details about limited supply and no central bank as well as what is happening in the economies around the world. Again, Americans have a tough time with this simply because they cannot think outside of the U.S. Dollar box. Most Americans have never even traveled outside of the country; only 8% of Americans traveled outside of the United States in 2016.
Bitcoin is being embraced in Japan at an incredible pace. I have read several articles over the past two weeks alone where Japanese hotels, cash systems and other purveyors are adding Bitcoin into their economy. And, yet, in America, financial websites are warning to stay away from Bitcoin. I took this as a lack of education, if anything.
In Japan, the government has legalized Bitcoin - along with other countries. At the same time, the Bank of Japan is in the process of desperately trying to dilute their currency to create any kind of inflation possible. It is largely not working.
Here is a look at the central bank's "printing press" in action: As stated, their goal is to stimulate the Japanese economy and keep inflation at target, normal levels. They are not succeeding so far. Inflation at 0.4% on a year-over-year basis is not even worth bringing up; It is negligible. My bigger fear is that mountain of printing that the Bank has done.
In the meantime, savvy Japanese investors are scooping up Bitcoin at a rapid pace. Whereas Japanese Bitcoin exchanges were not even really a factor, since the first week of April when the government legalized Bitcoin, the Japanese exchanges are now neck-and-neck with America exchanges. This is just one of many countries where Bitcoin is not just a curiosity but is becoming a way of life and is being integrated into the economy at a rapid pace with 100s of thousands of pay stations and ATMs appearing.
Americans simply do not get Bitcoin and they may very well regret that later. There is a great deal of potential with Bitcoin as an alternative to banking; some 56 million Americans do not even have a bank account. Bitcoin, just like cash, does not have the extensive paperwork criteria like a bank account has. With some 56 million Americans not even having a bank account this is a significant opportunity.
Unlike the charts above showing the Japanese central bank attempting to dilute its currency, Bitcoin has not central bank. Instead, Bitcoin will only ever have 21,000,000 million coins. Because of that, the price of Bitcoin is going to continue to be pushed higher. In fact, unlike fiat currency, Bitcoin appreciates in value. The purchasing power of any fiat currency is always being eroded by a central bank, whereas Bitcoin's potential to continue to move higher. And, although this cartoon is a bit tongue-in-cheek, it is also very accurate: Compared to today, if you had invested $100 in Bitcoin in 2009, you would be worth about $75 million today. And, yet, there are people who trash the idea of Bitcoin simply because they do not understand the currency and what it does.
At the beginning of April, Bitcoin was trading at $900.00. It is now just above $2,650.00 and looks set to test the $3,000.00 level for the third time. That is a simple multiple of 3.5x in two months. If that happens again, even if it takes another 6 months to happen, or even 6 years, Bitcoin will rise to nearly $10,000. That is an impressive gain unmatched by other "stores of value" or asset classes. Whether the currency crosses the $3k level this time, I am not certain. But, I am certain it will push past eventually. It is a matter of when, and not if, given the limited supply and the potential widespread demand.
Bitcoin's limited quantity of coins is set. But, there are 7 billion potential users of the currency. The fundamentals continue to support Bitcoin moving higher and higher as more and more access is available. And, since this currency's track record is that it moves higher and higher, its appeal over fiat currency is gar greater.
I can very easily see a day when Bitcoin pushes past $10,000.00 per coin. And, I can see a day when there is another order of magnitude to the coin's value. Some savvy investors even see $500,000.00 per coin.
Bitcoin works because of the agreement that there is a price for it and its exchangeability for goods and services, or conversion into fiat currency. And, as more and more countries ensure Bitcoin is able to work unhinged, the demands for the currency will continue to move higher. That will push up price. It is an added value to the coin's appeal.
Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in COIN over the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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Embracing Bitcoin - Seeking Alpha
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Moon, Venus and Sun Rise in New Space Station Video
Posted: at 1:53 pm
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Moon, Venus and Sun Rise in New Space Station Video
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E3 2017: Surviving Mars Preview A Casual Colony Sim with a Hidden Mystery – COGconnected
Posted: at 1:53 pm
I recently had a chance to quickly try out the new colony sim from Paradox Interactive, Surviving Mars. In this sandbox sim, players can craft their custom colonization experience from designing a sprawling Martian civilization to recreating the Matt Damon sci-fi classic (too early to call it a classic? It feels like a classic). Since the normal playtime to build a multi-domed colony can take on the order of hours, I got to play through several save files that represented different stages of colony development.
The initial phase of the game actually starts out with choosing how to set up your mission to Mars. In the quick demo I played through I just went through the defaults, but you can choose which countrys space program you want to sponsor you, how much of each material to take, and your initial colony population. Once, you have your program funded and resourced, you choose a landing site on the surface of Mars. Similar to many other colony sim games, your starting location will determine how many resources are available to you and the likelihood of natural disasters. If you happen to be fairly Mars savvy and can spot Mons Olympus from the site selection menu, it will actually register as the famous Martian landmark. Once you determine the ideal landing site for your mission, the real colony sim starts.
Surviving Mars progresses like a real colonization mission would play out in the fact that drones are doing all of the initial building and resource gathering. You start with some building materials but will quickly realize that you need more raw materials to really get a colony up and running. Based on the demo I played there seems to be a fairly default build order early on: build a concrete plant to build a power plant to power the drone hub. After that its fairly open what you can do next in terms of logistical infrastructure; however, if you want to bring humans to you colony at some point youll need a habitat along with air and water to survive. Once humans arrive you can assign them to various jobs like farming for food or research for upgraded buildings. As of now, that about wraps up the core game loop of survival.
This wasnt covered much in the demo I played, but there will be a sci-fi mystery element that becomes apparent after several hours of play, so maybe thats where the great challenge will be. From what I played though, the basic sandbox loop didnt present much of a challenge when trying to expand the colony. It seemed fairly easy to build up a colony that could be self-sufficient and robust enough to weather any catastrophic event. That being said, what I found most impressive was the level of detail in the simulation. Some elements of Surviving Mars are game-ified so as players can enjoy the simulating a colony over the course of hours and not real years, but many of the physical interactions are pulled straight from the textbooks. Solar panel efficiency will change based on your latitude, oxygen will disperse through biospheres at a non-instantaneous rate, and even the colonists will develop traits based on their activities.
Overall it looks like its shaping up to be a great sandbox colony sim that Im excited to see progress.
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E3 2017: Surviving Mars Preview A Casual Colony Sim with a Hidden Mystery - COGconnected
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How Genetic Engineering Fixed My Stupid Back – Entrepreneur
Posted: at 1:52 pm
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Around the age of 15, I began experiencing periodic bolts of searing pain shooting down the outer sides of my legs and up through my shoulder blades. The pain would occasionally grow so debilitating that I was forced to walk with a cane and could barely manage a flight of stairs. For sleepless months at a time, I would limp and grimace through my day. The worst part was that doctor after doctor was not able to diagnose the problem, and I resigned myself to a life of making the best of it.
Once I hit my mid-30s, I couldn't take it anymore and decided I had to do something about it. I tasked myself to keep seeing doctors untilsomebodycould tell me what the problem was. After plowing through a series of specialists, I eventually found my way to a rheumatologist who diagnosed me with an inflammatory condition, which isn't exactly fully understood by science, calledAnkylosing spondylitis(spells just like it sounds).
Now, this condition can be treated somewhat with a special diet (please don't send me any info on the subject -- I know), but the food restrictions are pretty harsh and results in my case weren't always consistent. But as it turns out, modern science has another fix.
My rheumatologist recommended that I begin a regimen of a type of medicine known as a biologic (or sometimes a "biopharmaceutical"), which is seeped directly from living organisms. I put a lot of trust in science and technology's ability to make the world a better place, so I was open to seeing what this cutting-edge treatment could do for me.
And I am happy to say that after a month or so, the treatments worked -- in fact, they worked far better than I could have possibly imagined. I've been almost totally pain-free for the past two years and even taken up running. (I should note that the medication I was on came with some serious potential side effects -- most notably, they decrease your body's immune system, including the ability to fight certain cancers. Just speaking for me, the trade-off was worth it.)
Now, this medication was unlike any other I had taken -- I had to inject it. Most second-generation biologics used to fight inflammatory conditions have to be introduced directly into the body through a syringe or via an IV. I had to learn to use a disposable epi-pen like contraption, which I keep stored in my refrigerator. There was a learning curve, but not a sharp one (and it certainly helped that I am not at all squeamish when it comes to needles).
So, what is this magic goop I inject into my body? It comes from natural sources, but at the same time -- there's really anything natural about it.
Scientists have been deriving medicines from living organisms since forever -- just about every vaccine you've taken can be considered a biologic. However, the scope of these medicines have boomed in recent years with the advent of genetic-manipulation techniques.
While the exact definition of "biologic" varies from regulatory body to regulatory body, the term is often used today to refer to newer classes of drugs resulting from techniques that tweak cells at their fundamental genetic level to turn them into living factories.
According to the FDA'sown description, "In contrast to most drugs that are chemically synthesized and their structure is known, most biologics are complex mixtures that are not easily identified or characterized." Many of these second-generation biologics (ones that have popped up in the past 15 years or so, as opposed the first-gen ones like vaccines) are not recreatable -- by humans. We just don't know how. However, scientists can use modern genetic-manipulation techniques to cajole living cell cultures to do it for them. Therein lies a wrinkle to the biologic story -- they can be insanely expensive.
The manufacturing of these medicines is a complex undertaking -- particularly on an industrial scale. Not only is there gene manipulation, but the cellular cultures are particularly susceptible to contamination and must be maintained under very aseptic and strictly temperature-controlled environments -- all of which must take place under the supervision of a highly trained workforce. When you consider that the patient pools are relatively small, prices inevitably rise.
I can only speak for myself and say that these drugs have been a godsend and truly improved my quality of life. But I'm also fascinated (and even humbled) to consider how this treatment would not be possible without decades of scientific inquiry that took place before it.
The line of scientific history -- down through Darwin, Mendeland the team of Watson & Crick -- had no idea it would one day help a middle-aged tech blogger not have to limp in pain for months at a time. They all just wanted to know the answers to weird and impractical questions.
This is why I get annoyed when I hear politicians wanting to balance budgetson the backs of scientific research. While there are ways to best use research dollars, their benefit is invaluable -- just not always immediately (quantum physics took decades to find a use in the function of smartphones, as it took years for Einstein's theories to be used insatellite configuration).
There is no way we can predict how the impractical research of today will affect some major breakthrough years down the line. That's why we should all want our tax dollars to fund inquiry into weird, unnecessary questions like "Do gravitons exist?," "What does Pluto look like?," or "Is the whole universe a hologram?" Answering those questions might not necessarily bring us a new breakthrough today -- in fact, they probably won't. But they leave us with the promise that they will someday.
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How Genetic Engineering Fixed My Stupid Back - Entrepreneur
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Genetic Engineering May Make Algae a Real Biofuel Contender for … – The News Wheel
Posted: at 1:52 pm
Added on June 23, 2017 The News Wheel algae , biofuel , corn , Exxon , Green driving , renewable energy source , soybeans
So far the biofuel game has belonged to two cropscorn and soybeans. But, a third organism is ready to play. Kind of.
According to Bloomberg writer Jennifer A Dlouhy, after eight years of painstaking work, researches from J. Craig Venters Synthetic Genomics in collaboration with Exxon (a relationship which started in 2009) may have finally found a way to turn algae into a viable biofuel source.
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Algae, which has been on scientists radars for a long time now as a biofuel candidate traditionally lack enough oils and fats that a viable biofuel source requires; corn and soybeans have whats needed, but algae is a more sustainable option because it can grow in salt water and thrive under harsh environmental conditions.And the oil contained in algae potentially could be processed in conventional refineries, according to Dlouhy.
Through advanced cell engineering, the team from J. Craig Venters Synthetic Genomics has reported that they were able to more than double the fatty lipids insidea strain of algae, reports Dlouhy.
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After depriving algae of nitrogen, the scientists were able to pinpoint the single gene tasked with monitoring the amount of oil the algae produces.
Using the CRISPR-Cas9 gene-editing technique, the researchers were able to winnow a list of about 20 candidates to a single regulator they call it ZnCys and then to modulate its expression, according to Dlouhy.
The advanced cell engineering increased the typical oil production of algae10 to 15 percentto over 40 percent, reports Dlouhy.
Although this is a critical breakthrough and a much needed step in the evolution of algae into a viable biofuel source, commercialization of this kind of modified algae is decades away, according to Dlouhy.
News Source: Bloomberg
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Genetic Engineering May Make Algae a Real Biofuel Contender for ... - The News Wheel
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GMO vs Gene Editing vs Genetic Engineering – Nanalyze
Posted: at 1:52 pm
If you had to come up with a short list for the greatest advancements in technology that have been made in the last decade, youd be hard pressed to place anything in front of the progress weve made in the world of genetics. For most of us, its been decadesyears since we took Biology 101 and wed be hard pressed to remember anything we learned were supposed to have learned.It seems like there is a spectrum where on one side you have people like us that are brain dead when it comes to the most basicgenetic concepts, while on the other hand you have people injecting themselves with viruses to live longer. The goal of this article is to provide some basic insights into genetic technology by proving clarity on the terminology. Well start with the very basics and make sure to conceptualize these concepts using real world analogies.
Your body contains trillions of cells which make up the physical you. Each one of these cells has a blueprint that is completely unique to you, called your DNA. Your DNA is just along ladder-shaped molecule that looks like this:
Source: Wikipedia
So that strand contains the entire set of instructions needed to recreate you. Some day well be able to take someones DNA and plug it into a software program that creates a digital you and we can see what drugs you will best respond to and why. If you took all the information stored within your DNA and put it into phone books, this is how many phone books you would need:
So far thats pretty straight forward right? Basically your DNA is this big set of instructions which explains how you turned out.Every single physical attribute you have is contained within that set of instructions. There is even speculation that your DNA can help explain your intelligence, but then everyone gets upset and says we shouldnt go down that path, mainly because they dont want to find out that maybe they got the short end of the stick in the genetic lottery. Its much easier to post articles on Medium talking about how offended you are about everything than it is to pick up a science book and start learning.
In order to read all that information on your DNA, we use machines (usually from Illumina) that dogene sequencing. (A gene is a distinct stretch of DNA that determines something about who you are). Gene sequencing is where we can go through and laboriously read every single character in your DNA and then store it in a big file. Not all genetic sequencing is the same. You can sequence some or all of a DNA strand and still extrapolate useful information from it. Now weve actually reached a price point where we can sequenceyour entire genome (a genome is your complete set of genes) for just $1,000:
Now, if wetake a strand of DNA and cut it into a bunch of segments, each segment is called a gene. When we talk about how you have your fathers eyes, that means the short segment of DNA that dictates eye color was passed on from your father. When we say people have good genes, it means that all those segments gave them the best attributes (or what each society sees as the best attributes). On a side note, there is actually a tribe called the Nacirema that believes obesity is the norm and idolizes it as a thing to be proud of, so thin isnt in for everyone.
Now that we know that a gene dictates certain attributes about you, what if we couldchange genes in order to start changing your attributes? This is now possible using a technology called gene editing.This is where we are able to precisely snip sections of DNA from the strand and then replace them with our own snippets (startups like Twist Bioscience are creating millions of these snippets). You may have read about something called CRISPR which is one popular method used for gene editing.
While its still early days, all kinds of companies are trying to land grab as much intellectual property as possible relating to gene editing. If were able to start changing genes, were essentially able to start creating synthetic life forms. This is what we refer to as synthetic biology. Check this out:
Those are the first genetically modified pets, glow in the dark fish. Yes people, fish that glow in the fcuking dark. More of a cat person you say? Well glow in the dark cats arent too far behind:
Glowing Cats that Fight AIDS
Scientists over at the Mayo Clinic created glowing cats 6 years ago for AIDS research though the Koreans had already mastered this feat over 10 years ago.
Now you may think to yourself that the concept of genetically modifying things ishardly new. Havent people been complaining about genetically modified organisms (GMO) for decades now? They certainly have, and heres a nice infographic that shows how more than 50% of people do not want to buy GMO food:
What most people dont know though, is because 94% of soybeans are GMO, and soy is contained in many processed foods, youre all eating GMO whether you like it or not. The fact that GMO has been subjected to such strong public backlash has raised obvious concerns from companies and investors looking to turn the world upside down with gene editing. A recent article by the New York Times reflected on this fact:
The current regulations were written for the earlier generation of genetically modified organisms, where scientists used bacteria and viruses typically from plant pests to drop a payload of new genes into the nuclei of the plant cells where they merge with the plants DNA. That worked, but scientists could not control where the new genes would be inserted, and that led to worries of potentially dangerous genetic disruptions or crossbreeding with non-G.M.O. crops.
GMO didnt just use the method mentioned above, but other methods as well like literally injecting the DNA directly into a cells nucleus. Note that all these methods fall under the envelope of genetic engineering. Consequently, gene editing is just another form of genetic engineering.
So lets review people.
From an investors perspective, understanding the background is very important. You dont want to spend 100s of million investing in a synthetic biology startup only to find that someone wrote a viral article on Medium about how horrible your GMO technology is and before you know it, youre all over the news, your investors are bailing, and your CEO resigns. While these risks exist, the U.S. needs to be very careful. Lots of other countries dont have people protesting every other day. They just get on with their business and now theyre even doing gene editing at the germline. When the day comes where theyve fully mastered how to control intelligence through genetic engineering, humankind isgoing to be in for one wild ride.
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GMO vs Gene Editing vs Genetic Engineering - Nanalyze
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Are You a Magnet for Mosquitoes? – Scientific American
Posted: at 1:52 pm
When it comes to attraction, the allure can begin even before she sets eyes on you. There seems to be something about the way youher dinnersmells from afar that makes you a desired target. While you are chatting with friends or overseeing the barbecue, that mosquito will go on the hunt and make you her next blood meal. But what makes you so attractive to tiny ankle biters?
This month a group of British researchers is launching a new investigation into the role of human genetics in this process. They are planning to collect smelly socks from 200 sets of identical and nonidentical twins, place the footwear in a wind tunnel with the bugs and see what happens next. The owners of the socks, the scientists hope, may naturally produce attractive or repellant chemicals that could become the basis for future mosquito control efforts. The researchers expect that studying the popularity of the garments the skeeters hone in onand analyzing both the odor compounds in them and the genetics of their ownerscould help.The study, which will include 100 twins each from the U.K. and from the Gambia, will start recruiting volunteers in the coming weeks.
We know very little about the genetics of what makes us attractive to mosquitoes, says James Logan, a medical entomologist at the London School of Hygiene and Tropical Medicine who is leading the work. Earlier studies suggest visual, olfactory and thermal (body heat) cues all help drive mosquito attraction. We hope this study will give us more insights into the mechanisms that help change our body odors to make us more or less attractive to mosquitos, he says. If we can identify important genes, perhaps we could develop a pill or medication that would allow the body to produce natural repellents to keep mosquitoes away. The findings, he adds, could also help epidemiologists improve their models for how vulnerable certain populations may be to disease-carrying mosquitoes.
Already scientists know there are differences among us that contribute to why some of us get bitten more. Those of us who exhale more carbon dioxide seem to be a natural beacon for mosquitoes, in particular. Researchers have also found a correlation with body size, with taller or larger people tending to attract more bitesperhaps because of their carbon dioxide output or body surface area. There is also some evidence women who are pregnant or at certain phases of the menstrual cycle are more attractive to mosquitoes. Other work has found that people infected with malaria are more attractive to malaria-carrying mosquitoes during their transmissible stage of infection.
But what of our individual genetics? Two years ago Logans team published a small study looking at 18 sets of identical twins and 19 sets of nonidentical twins and their attractiveness to mosquitoes. They found that identical twins were more similar in their desirability to the blood-sucking insects than the nonidentical twins. Because earlier work had found that identical twins smell more alike than nonidentical twins, the British researchers surmised genes may play a role in this mosquito attractiveness.
This new study aims to nail down some more concrete conclusions with its larger sample size and add another population into the mix. (Most research in this area has focused on European Caucasians whereas this study will also include twins from the Gambia). There are other differences that set this apart from their earlier work, too: The 2015 study had tested attractiveness among Aedes mosquitoesthose that carry dengue and Zikawhereas this study will test attractiveness among Anopheles mosquitoes, a species that can transmit malaria. The team suspects the different species will be attracted to the same volatile compounds in human odor but wants to explore this further.
This is novel work and its a good step. It will tell us if there are genetic differences or not but it wont be a complete answer about mosquito attraction because other factors like diet, wind, time of day and mosquito species can all influence that, says Zainulabeuddin Syed, a professor of biological sciences at the University of Notre Dame who studies the smell-influenced behavior and movement of insects and is not involved in the Logan project. Syeds work has found that people of various ethnic groups all seem to produce four major volatile compounds (although at varying levels) and there are some early hints that one compound in particular, called nonanal, may be particularly attractive, at least among certain species of mosquitoes.
Exactly what genes contribute to producing compounds that could possibly interest mosquitoes remains a vast unknown. Scientists that study human odors and genetics have previously suggested scent cues associated with genetics are likely controlled via the major histocompatibility complex (MHC) genes. Those genes appear to play a role in odor production and also in mammals mating choicesbecause humans and mice alike appear to prefer mates that smell less similar to themselves, which scientists have theorized may be a natural control against inbreeding. As a result, Logans team may target those odor-linked genes, but he says they are looking at all the options. In the next couple of years, he says, they hope to have some early answers. For now, and likely for many years to come, we can only slather on some bug repellant and hope for the best.
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Are You a Magnet for Mosquitoes? - Scientific American
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