Will VR be a viable platform this time around?

The promise of virtual reality has been tried many times in the past but has always largely failed. As a child I can remember hearing about Nintendo’s Virtual Boy and being elated at the thought of a VR gaming platform. Being a little kid that thought anything was possible gave me such a sense of hope that it would be everything I thought it could be. When I actually saw screenshots of the gameplay on the Virtual Boy I was instantly disappointed by the monochrome red graphics. I had been duped.

Another phenomenon from my youth was VR stores in the mall that rented time on high tech visors that let you look around and play in a crappy game that never really felt like a lot of fun. It looked pretty awesome from the outside though! I can remember watching movies like Lawnmower Man and Virtuosity that tricked my underdeveloped brain into thinking that real VR was just around the corner.

Of course, it was not around the corner and the idea of ever being able to own my own VR headset faded away. Now, in 2016 we have 2 big players entering this market with OLED screens, better tracking, better graphics, and more software support. The Oculus Rift was the first project I had heard about a few years ago. I saw YouTube videos of people with developer models reacting to roller coasters and games and it looked like they were having a lot of fun. More recently, I have seen the HTC Vive and it looks to be a strong player as well with the support of Valve. Both systems will be released to the public this Spring.

I am so excited to at least try these new headsets out in a store even if I don’t buy one. VR is one of those things you can’t just watch a video about online. No article or video is going to do the job of showing you the experience of the device. That’s what is so interesting about VR though. It is a new platform that we all only have a vague idea of how it will look and feel. Growing up in the 90s has taught me to be a sceptic when it comes to VR. Nobody has been able to get it right yet. On paper, VR seems like something that should already exist and be ubiquitous. Of course people would want a more immersive way to interact with technology, right? It’s so cool! Right?

VR has several things going against it that will make even great technology hard to adapt into the mainstream.

  1. You look like a fool with that damn thing on your head.
  2. Cost. This is expected for new tech but $800 for a Vive plus a powerful PC to run it is out of most people’s price range for a toy. (I still really want one)
  3. To cut down on the weight of a battery, you have to deal with a long wire from the headset to your PC / outlet that you can trip over.
  4. Laziness. I remember waiting in line with my friend Brandon on launch night of the Nintendo Wii. We were excited for the motion controls and to once again be playing a Nintendo console, a brand that had given us countless hours of enjoyment as kids. The Wii remotes were neat for a while but we mostly played Wii sports and within a year or so, our shiny white consoles were gathering dust. I think a lot of that has to do with the energy it takes you wave a Wii remote around. It sounds terrible but it is true. Now, imagine having to clear out a room, put on a visor, hold 2 controllers, and physically move your flabby body around to play a game. It takes some motivation that more and more, people just don’t have.
  5. Lack of control. While, I have seen some neat games make clever use of the motion controls, it still seems to lack a lot of precision. Right now, you can point to things and crudely manipulate them in VR. You have no use of fine dexterity that having 10 fingers and tactile response affords us in the real world. That means that your VR actions have to be dumbed down to work. I can see this as being frustrating after half an hour or so.
  6. Using VR is especially antisocial for people close to you. Using your VR headset means checking out from the people around you and that can be hard. Even with phones, tablets, laptops, and PCs you can carry a half assed conversation with the people that matter most to you in this world. You can’t even feign interest in a conversation when you are jacked into a VR realm. Sorry kids, Daddy can’t hear about your bad day. He needs to pretend he is slicing fruit with a samurai sword in a virtual world for 3 and a half hours.
  7. You still look like a dingus with that fucking thing on your head.

I know I just listed a bunch of reasons why VR headsets will fail but I actually really want them to succeed so badly. I just love the idea of being totally immersed into something. As with anything, moderation is best for this type of thing but it just seems like a beautiful escape. I setup a theater room into the last 3 houses I have lived in for the same reason. I love to have a place set aside where I can just get away from the distractions and focus on one thing for a couple hours. This seems like the perfect platform to disconnect from your day to day and experience something different. I can’t wait to see how it all goes this year.

Getting Started with Bitcoin: Part 2

I have had over a month now to let the whole idea of bitcoin settle in my life and I have only used it a very small amount. There are still very few merchants that accept bitcoin so that makes things hard. I did buy an SSL from ssls.com and everything seemed really easy. I just selected Bitcoin as my payment type then I had a short window to send a specific about of Bitcoin to an address. I sent it out in time and it went through without a hitch.

Recently, a buddy of mine was wanting to buy some bitcoin to see what it was all about so I sent him a little bitcoin and he paid me in cash. What I did find a little weird was that on my coinbase account, it showed as pending for quite a while, like at least an hour. But it all went through and the small amount I sent was instantly deducted from my coinbase wallet.

Since I opened my account, the value of bitcoin has appreciated to ~$425. If I had put in a lot of money, that would have been a fantastic return of over 10% in less than a month.  But, my coinbase account currently limits my instant buy transactions to $100 / week and slow bank buys to $2,500 per day. If using the bank method I guess I could invest a nice chunk of money over several days but that is not practical like an online brokerage account is for stocks when there are no caps as long as you have the money in your account to trade with.

So this seems to be the main issue with bitcoin as a mainstream currency. Right now, it seems much more like it would be used as an investment to hold on to and eventually cash out for “real money.” At least, that’s how it feels to me. I don’t even see 1% of my buying being viable for bitcoin. This leads me to the idea that when the masses have a realization that a money is not being used as money, what worth does it really have? At that point I could see the bottom falling out and the price of bitcoin dropping dramatically. But, on the other hand, nobody pays for anything with gold or silver and they seem to retain their value pretty well.

Also, Bitcoin has another more nefarious use. Given the fact that this currency can be used without any personally identifiable information, it is popular for use in black markets. People can download Tor, and find their way to sites that will hook them up to people willing to sell drugs, sex, weapons, or even assassinations I have heard. The currency of choice? Bitcoin. This is where I would guess a lot of the transnational use of bitcoin comes in to play. Eventually though, you have to convert that bitcoin into cash to really use it to buy anything like stuff off of Amazon, eating out in a restaurant, paying your rent, etc.

Getting Started with Bitcoin: Part 1

Bitcoin

Being a techie guy I figured it was about time I looked into this whole Bitcoin thing. The concept of crypto currency can be tough to initially get your head around and I still do not completely understand it. Here is the overview as I know it.

  1. There is no central source to keep track of who has how much Bitcoin. Instead the whole system is run peer-to-peer.
  2. Bitcoins can be moved around cheaply and maintain a very high level of anonymity since no personal information is required.
  3. Bitcoins are mined by computers and as time goes on, mining get harder and harder and more processing is needed to mine less Bitcoin.
  4. There is only a finite amount of bitcoin that will ever be mined.
  5. You can keep your bitcoin in your wallet with a program on your PC or with a company like Coinbase that holds your bitcoin for you sort of like a bank.

You can think of Bitcoin just as another form of currency like a Canadian Dollar or Japanese Yen. Just like government backed money, Bitcoin is worth whatever people will give you for it, although Bitcoin is still highly volatile. Converting to US currency, right now one bitcoin is worth about $350. A few years ago you could get them for pennies. There are two ways I know of to obtain bitcoin for yourself. You can mine them using a specialized bitcoin miner that might take a year to break even at or you can just buy them through an exchange. I bought mine.

I registered an account with Coinbase and linked my bank account and credit card. The process took a few days to verify and then I made my first purchase. I bought $15 of bitcoin with my bank account and they charged me a $0.15 (1%) fee to do this. The conversion rate from USD to Bitcoin changes constantly, 24-7. The market never closes like Wall Street investments.

Did I say investments? I guess I did and didn’t even mean too. Honestly that is how a lot of people, including me, view this form of money. Like everyone else, I have seen the news about the early bitcoin adopters making millions of dollars by selling their bitcoins near the peak price of $1,240 back in 2013. Since then the price has fallen greatly but not back to a price many would ever call cheap. I will touch on this more in a later post. Let’s get back to the process of using Bitcoin.

Coinbase WalletSo now I have about $15 worth of bitcoin and that came out to 0.04010804 BTC (Bitcoin). To me, this is just a number on a screen. What can I actually do with this newly acquired magic Internet money? You can sell it back for US dollars or you can send it as Bitcoin to another person or company. Let’s talk about how to transfer bitcoin out of Coinbase and over to another external entity. As I said, Coinbase acts like a bank, holding on to your bitcoin for you. They insure it (privately, not through FDIC), keep it safe from hackers, and let you move it around as you wish.

If you don’t want your bitcoin in a bank and would rather control it more directly you can setup your own bitcoin wallet on you computer. There are several options for holding your own bitcoin but I went with Bitcoin Core. It is what is known as a full node. The client must fully synchronize the complete history of Bitcoin transactions worldwide before you have access to quickly send and receive bitcoin. For me, the client took about a day to sync up.