Website generates off-the-shelf cryptocurrencies (so of course NewStatesmanCoin now exists)

It's completely useless, though. Don't bother downloading it. There's no point.

Things are very weird right now for those of us living in the future. Dogecoin - a digital cryptocurrency based on a funny picture of a shiba inu - has a market cap of more than $5m. We were promised jetpacks, we got dog-themed money.

There are so many new Bitcoin ripoffs (mostly by those hoping to make a fast buck) that it was inevitable that someone would create a site that automatically generates them. Coingen, created by a reddit user called Blue Matt, lets users customise their own cryptocurrency (taking either Bitcoin or smaller cousin Litecoin as inspiration), download a wallet, and get mining.

For this, users pay a fee of between 0.05 and 0.2 BTC (roughly £30 to £122 as of writing, going by the average trading price on Mt Gox), with fees for removing Coingen’s logo or getting access to the source code. That’s a tidy fee considering you can only tweak four numerical values for each coin, and the source code for Bitcoin is open and available for free already. Perhaps Blue Matt is taking inspiration from the California Gold Rush, where the biggest profits weren’t in looking for gold, but in selling equipment like picks and buckets to prospectors.

Very Dogecoin. Much currency. So zeitgeist.

And, because why not, we’ve created NewStatesmanCoin - you can download a wallet and start mining here. That’s its rather half-hearted logo up top (we considered replacing the Queen on a pound coin with a picture of deputy editor Helen Lewis, an effort you can enjoy here).

Don’t ask what the block halving rate is, or which mining algorithm it uses - random, now forgotten, numbers were used. We can probably assume from their names that many of the other coins created using Coingen use values that are just as arbitrary: jesuscoin, arbitrarycoin, starvingartistcoin, wethepeoplecoin, silvioberluscoin, realcoin, beercoin, and the catchily-named “wake_up_sheeples_banker_owned_federal_reserve_notes_equals_more_debt”. (There are also a lot of coins with racist names on there. Really, you’ve been warned.)

NewStatesmanCoin is just a joke, but the fact there are so many people who have created their own silly coins - and paid for the privilege - is worth noting. There are dozens of alternatives to Bitcoin, a tiny minority of which have support from any kind of community, and fewer still of which have any practical real-world purpose. While there are uses for cryptocurrencies, they're niche, and not without competition from more traditional companies or other technologies. Not for nothing are people like Gigaom's David Meyer asking what the point of Bitcoin is.

Looking over the transaction volume day-by-day since Bitcoin launched, it's clear that the value of the cryptocurrency has been faster and unlinked from its growth as a medium of exchange. Speculation is still the main drive of Bitcoin value, and the entire drive of Litecoin, Namecoin, and even Dogecoin value, and thus there's surely demand for Coingen's new coins, off-the-shelf and ready to, perhaps, become the next £xm-worth market. While Bitcoin's certainly popular, it's tempting to instead think that it may be the first iteration of a concept yet to be perfected.

You don't have to tell us it's a crappy logo.

Ian Steadman is a staff science and technology writer at the New Statesman. He is on Twitter as @iansteadman.

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From Darwin to Damore - the ancient art of using "science" to mask prejudice

Charles Darwin, working at a time when women had little legal rights, declared “woman is a kind of adult child”.

“In addition to the Left’s affinity for those it sees as weak, humans are generally biased towards protecting females,” wrote James Damore, in his now infamous anti-diversity Google memo. “As mentioned before, this likely evolved because males are biologically disposable and because women are generally more co-operative and agreeable than men.” Since the memo was published, hordes of women have come forward to say that views like these – where individuals justify bias on the basis of science – are not uncommon in their traditionally male-dominated fields. Damore’s controversial screed set off discussions about the age old debate: do biological differences justify discrimination?  

Modern science developed in a society which assumed that man was superior over women. Charles Darwin, the father of modern evolutionary biology, who died before women got the right to vote, argued that young children of both genders resembled adult women more than they did adult men; as a result, “woman is a kind of adult child”.

Racial inequality wasn’t immune from this kind of theorising either. As fields such as psychology and genetics developed a greater understanding about the fundamental building blocks of humanity, many prominent researchers such as Francis Galton, Darwin’s cousin, argued that there were biological differences between races which explained the ability of the European race to prosper and gather wealth, while other races fell far behind. The same kind of reasoning fuelled the Nazi eugenics and continues to fuel the alt-right in their many guises today.

Once scorned as blasphemy, today "science" is approached by many non-practitioners with a cult-like reverence. Attributing the differences between races and gender to scientific research carries the allure of empiricism. Opponents of "diversity" would have you believe that scientific research validates racism and sexism, even though one's bleeding heart might wish otherwise. 

The problem is that current scientific research just doesn’t agree. Some branches of science, such as physics, are concerned with irrefutable laws of nature. But the reality, as evidenced by the growing convergence of social sciences like sociology, and life sciences, such as biology, is that science as a whole will, and should change. The research coming out of fields like genetics and psychology paint an increasingly complex picture of humanity. Saying (and proving) that gravity exists isn't factually equivalent to saying, and trying to prove, that women are somehow less capable at their jobs because of presumed inherent traits like submissiveness. 

When it comes to matters of race, the argument against racial realism, as it’s often referred to, is unequivocal. A study in 2002, authored by Neil Risch and others, built on the work of the Human Genome Project to examine the long standing and popular myth of seven distinct races. Researchers found that  “62 per cent of Ethiopians belong to the same cluster as Norwegians, together with 21 per cent of the Afro-Caribbeans, and the ethnic label ‘Asian’ inaccurately describes Chinese and Papuans who were placed almost entirely in separate clusters.” All that means is that white supremacists are wrong, and always have been.

Even the researcher Damore cites in his memo, Bradley Schmitt of Bradley University in Illinois, doesn’t agree with Damore’s conclusions.  Schmitt pointed out, in correspondence with Wired, that biological difference only accounts for about 10 per cent of the variance between men and women in what Damore characterises as female traits, such as neuroticism. In addition, nebulous traits such as being “people-oriented” are difficult to define and have led to wildly contradictory research from people who are experts in the fields. Suggesting that women are bad engineers because they’re neurotic is not only mildly ridiculous, but even unsubstantiated by Damore’s own research.  As many have done before him, Damore couched his own worldview - and what he was trying to convince others of - in the language of rationalism, but ultimately didn't pay attention to the facts.

And, even if you did buy into Damore's memo, a true scientist would retort - so what? It's a fallacy to argue that just because a certain state of affairs prevails, that that is the way that it ought to be. If that was the case, why does humanity march on in the direction of technological and industrial progress?

Humans weren’t meant to travel large distances, or we would possess the ability to do so intrinsically. Boats, cars, airplanes, trains, according to the Damore mindset, would be a perversion of nature. As a species, we consider overcoming biology to be a sign of success. 

Of course, the damage done by these kinds of views is not only that they’re hard to counteract, but that they have real consequences. Throughout history, appeals to the supposed rationalism of scientific research have justified moral atrocities such as ethnic sterilisation, apartheid, the creation of the slave trade, and state-sanctioned genocide.

If those in positions of power genuinely think that black and Hispanic communities are genetically predisposed to crime and murder, they’re very unlikely to invest in education, housing and community centres for those groups. Cycles of poverty then continue, and the myth, dressed up in pseudo-science, is entrenched. 

Damore and those like him will certainly maintain that the evidence for gender differences are on their side. Since he was fired from Google, Damore has become somewhat of an icon to some parts of society, giving interviews to right-wing Youtubers and posing in a dubious shirt parodying the Google logo (it now says Goolag). Never mind that Damore’s beloved science has already proved them wrong.