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Archive for Uncategorized

Short forms

You know what I miss? Novellas. Or, what we now think of as novellas. I used to own stacks of books than ran 150-200 pages long. They were serials, like the Travis McGee novels I still have locked away in my storage unit, or classics like The Scarlet Pimpernel and it’s many sequels.

Recently, only a very few writers are permitted the novella form. I think the last one I saw as a standalone was Patricia McKillip’s “The Changeling Sea” back in the late 80’s.

They still exist, but usually in that odd flip-flop format, you know where they print one novella by a famous name author in the front half of the book, then you flip the book OVER and rotate it and voila! There is a completely different novella on the back.

But now, with the ebook coming to the fore, I’m wondering if page-count will be less important. I mean, open a half a dozen books in your average Barnes and Noble and you will find different typesetting, different formatting, a different number of words per page, just so that the book can hit a satisfying weight and feel in the hand. Sometimes you run across a book (looking at YOU, “Monuments Men” where the type is small and crowded, or you run into a book (A few recent Patterson novels have this) where the font is large and the kerning stretched as far as you can take it before the words start to fall apart.

But without the page count, without the need to make a reader feel like they are getting $8 work of paper and ink, what counts is a satisfying story. What counts is that, at the end of the work, the reader feels they paid just the right amount (or maybe even that they got a bargain).

A couple of publishers are starting to take advantage of this new opportunity. Tor, for example, publishes exclusive shorts from it’s bestselling authors. Some are short stories, some are novellas, all are works too short to fit into the trade paperback format, but all are works equally worthy of sale.

The Problem is the People

Today, Mt. Gox, reportedly the largest and best trusted of the Bitcoin exchanges, vanished entirely.  They didn’t just halt trading, they took everything offline and the name on the url seems to have been sold.

http://www.coindesk.com/mt-gox-loses-340-million-bitcoin-rumoured-insolvent/

And over 340 million has gone missing along the way.  Needless to say, the price of Bitcoin has tumbled (don’t expect that to last, however) and a lot of people seem to be rethinking their decision to jump on the Bitcoin Bandwagon.

The problem, however, isn’t with Bitcoin itself.  The virtual currency is itself sound, still (as far as I know) un-hackable and non-counterfeit-able.  The problem is with the exchanges and the techniques used to store, trade and sell Bitcoin.  Much of it is probably due to the speed with which Bitcoin has gone viral.  You’re seeing it mentioned in TV shows (even ones targeted at older ladies with cats, like Castle) on the news, the cat is out of the bag and what previously was a niche trading market is now going the way that baseball cards, comic books and that creepy old vase you found in great-auntie Aida’s attic.  It’s gone insane.  Millions of dollars are being shoveled into Bitcoin exchanges and (for better or worse) the common-man investors are entering the market, bringing with them a limited understanding of how Bitcoin works.  The exchanges that might have been able to slowly upgrade themselves and their security to accommodate a slow, reasonable adoption of Bitcoin as a currency, are now beset from both sides, from buyers clamoring to sign up and from malicious opportunists looking to exploit the flaws in the system.

This type of aggressive exploitation is not unique to Bitcoin either.  A quick stroll through the history of currency and exchanges in general will reveal that we are just seeing updated versions of the kinds of scams and hacks that have plagued every new transnational method.  These kinds of problems have been solved before, and when the Bitcoin exchanges solve their generations issues, then the currency will be ready for global adoption.