Hi, this thread is dedicated to the second of my great pillars on how to support Bitcoin in 2013 - The Supernode
It is best to think of this as a very real instance of a Alternate Reality Live Action Role Play. Just jump in by buying bitcoins, start to act as if they had tremendous value (which will cause them to have the value) and take your role as a Nobleman or Freeman! The power is there for grabs!
The
registration fee is 0.5% of your bitcoins and that already buys you many things. We literally divide the world among us. Be prepared to
spend 5% of your bitcoins annually on the game - flight, hotel and restaurant expenses, general living according to your lot, meetups and other marketing. Note: You are also expected to setup bitcoin businesses and you will have the chance to make the money back with interest. If not, at least the 95% are very much more valuable because of the interest you have been keeping up with the Supernode lifestyle.
Jun 13:Bitcoin Capability Classification (BCC) is a general scale for classifying the capability of people in the Bitcoinworld. The system is logarithmic. It encompasses the previous Supernode classification.
ULTRANODES
00-05
unestablished regal titles (one or more)06-10
Duke (approx. min. 10,000,000m
BTC and behaves like that)
HYPERNODES
11-15
Prince (approx. min. 3,000,000m
BTC and behaves like that)
16-20
Marquis (approx. min. 1,000,000m
BTC and behaves like that)
SUPERNODES
21-25
Earl (approx. min. 300,000m
BTC and behaves like that)
26-30
Viscount (approx. min. 100,000m
BTC and behaves like that)
Everything above this will collectively be called "Supernodes".
Everything below this will never be called "Supernodes" so make sure to acquire and hold the 100 bitcoins required, if you want to be numbered in the Register of Supernodes! Now they are so cheap. Bitcoins, I mean.
MININODES
31-35
Baron (approx. min. 30,000m
BTC and behaves like that)
36-40
Baronet (approx. min. 10,000m
BTC and behaves like that)
41-45
Knight (approx. min. 3,000m
BTC and behaves like that)
FREEMEN
46-50
Freeman 1st class (approx. min. 1,000m
BTC)
51-55 Freeman 2nd class (approx. min. 300m
BTC)
56-60 Freeman 3rd class (approx. min. 100m
BTC)
61-65 Freeman 4th class (approx. min. 30m
BTC)
66-70 Freeman 5th class (approx. min. 10m
BTC 71-75 Freeman 6th class (approx. min. 3m
BTCThese guys (above) are about 300 million in number, and hold more bitcoins than an average person in the world. More than 90% of the coins will be held by them, so the inequality of distribution of liquid wealth will stay, should minicoin reach $300 quickly.
76-80 Freeman 7th class (approx. min. 1m
BTC81-85 Freeman 8th class (approx. min. 0.3
BTC86-90 Freeman 9th class (approx. min. 0.1
BTC91-95 Freeman 10th class (less than 0.1m
BTC but can take care of himself)
THE DESTITUTE
96-100 The Destitute
People who are destitute cannot take care of themselves, for which reason the other must take care of them. It depends on the climate, political system (e.g. minimum wage), relative living standard and acceptable living standard for a destitute, how many there are. It can be up to 20% but can be as few as 2% of the population, how many are destitute. Currently even "the destitute" in Finland can typically buy several hundreds or thousands m
BTC with different kinds of social aid. After a few months they are very well off. But we will have another group of destitutes soon when the Government money runs out.
::END::
My previous developments on the matter:
Apr 22:
First Class Bitcoin Supernode
- Sovereign ability to run, manage and develop the Bitcoin network in absence of any other entities.
- 24/7 monitoring, technical, and trading ability, connections with most relevant Bitcoin power centers, accounts in all relevant exchanges
- Global operation, capacity to set up activities in most jurisdictions with minimum lead times, access to all specialists (bankers, lawyers, tech) globally
- Able to generate its own funding indefinitely regardless of bitcoin exchange value, or backed by an entity wealthy enough to support the operations indefinitely in absence of cash flow from operations
- Minimum full-time staff in command&control structure: 5-10
Second Class Bitcoin Supernode
- Able to run, although probably not effectively develop, the Bitcoin network in absence of other entities. The end user of Bitcoin will notice if the service level falls to the second class. This will lead to delays and blackouts of important services.
- Real-time alerts in place to activate the relevant parts of the organization if something worth their effort happens in Bitcoinworld. Position management in multiple trading platforms, good connections to several other supernodes.
- Can project force to other jurisdictions, albeit with considerable effort and lead time
- Can function independently of external funding as long as Bitcoin's price does not totally collapse, (or has enough external funding to not care)
- Minimum number of dedicated permanent staff: 2-3
Third Class Bitcoin Supernode
- May or may not run a Bitcoin node, cannot likely summon the resources to fix the protocol if need be, may be entirely non-tech
- Actively follows what happens in Bitcoinworld. Reasonably well connected to at least some other supernodes.
- Mainly a local operation.
- Owns enough bitcoins, income-generating bitcoin or other businesses, or other assets, to continue operations at the desired level infinitely (note - the marginal cost of operation on this level is essentially zero)
- Minimum number of people: 1 part-time
- In order to be classified as a supernode, there either needs to be a good number of bitcoins in possession, mining capacity, bitcoin tradership, dealership or other business or publishing organisation.
Capability of a Supernode
The capability of a Bitcoin supernode can be expressed in a pseudologarithmic scale from 0.0 to 5.0., where
- 1.0 is an essentially perfect small operation
- 3.0 is the threshold of being classified as a supernode
- 5.0 is an interested newbie smart enough to understand the basics.
I have been trying to explain the transition of Bitcoin from the alpha/beta stage to the mainstream. I developed the supernode framework to give the reader some understanding of the magnitude of the change that we are undergoing. As I see it, any of the public power centers of Bitcoinworld, do not currently even qualify to the first class. This can be readily observed by the number of scams and hacks, and inadequate organizational and financial resources of most of the actors.
There are currently hundreds of organizations in the world, capable of developing a 1.0 supernode in 3-6 months, if they decide to enter in. None of the current (public) players possesses such an ability now, and even though many may be interested, their rate of capability increase (the time in days, to move one decimal in the supernode capability scale) is behind that of the potential new entrants.
2013 will be an interesting year, for the mainstream adoption and price appreciation of course, but also for some serious behind-the-scenes action. I realize that most people have a difficulty of understanding that bitcoin's price does not have a stable value between $0 and $300k (in fact I only myself realized it a week ago!), and because of this new understanding how the bitcoin power network functions, the probability of it going to zero is rather slim indeed.