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I think you should go study how Rockefeller monopolized all oil and railroads in USA, if you believe cartels don't form naturally when the economics allow it.
I am proposing to change the design so that the economics will no longer allow it. Bitcoin allows it. My design does not.
OP, you seem upset that the bitcoin people didn't listen to you at the start.
I think they have failed in their responsibility to protect mankind.These types of super geniuses who have their bruised ego dragging along behind them, are still relevant, though it is tedious to listen to it,
It has nothing to do with my ego. I would be very happy if someone will fix the design (so no more threat) without me.
I don't care who fixes it, as long as mankind won't be facing the
Digital Kill Switch.
OP seems to be trying to say "I am a techno prophet and can see 30 years into the future" ...But you cannot.
Economic opportunities dictate what happens in the future. If you leave a door wide open for the power elite, they will walk through it. GUARANTEED. I am even telling them how to do it now with these writings. And I will make sure these writings are spread far and wide.
This is going to be published every where. You will start seeing copies of my article all over the place soon.
I have already contacted people who can make this happen.
Shutting me down here, won't help you obfuscate my message.
You have to win on the merits of your logic. If you can convince me with logic, then I will listen.
Granted: Your idea is probably superior, just like the guy saying "No, o rings will fail when they get too cold!" yeah, he's right, but if we listen to him every time, there will be ZERO shuttles launched, because his job is to be a cranky ass.
I have no qualms with that. I agree. Great that Bitcoin was launched and proved the market exists.
I am here to ask if there is any demand to fix the designed threat or do people want to sweep it under the rug?
His ego, in a way, has decided that by nitpicking something ad naseum, he can always say "told ya so!"... And hey, like I said, he was right that fateful cold morning when the Challenger shuttle blew up. And yes OP, you may be right here as well, bitcoin and litecoin may be chulthu'd over time, by cartels. But please step outside your superior intellect to maybe see what I am saying. Even if you are right, good luck getting anyone to agree with you based on your communication skills.
Let's break down some of the terms you are using:
Tax: ...Okay, many Americans see taxation as theft. So we have to go back to the essence of what money is, in order to use these weasel words (as Ayn Rand would call them) like "tax" which even now is being applied to bank deposit theft. They'll use terms like "tax", "haircut", "forced loan", etc. ...But the progressive income tax is a Marxist plank, and the 16th Amendment may be abolished before 2030, so using this word and drawing your airtight solutions based on concepts like this, tht will be probably destroyed by 2030, is a symptom of the ego-genius as I described above. The word "tax" will have to be clarified based on utterly new paradigms which you or I are powerless to know for sure, as to what forms those new paradigms will take. Admit it: These words are relics, and nobody likes the IRS of the Federal Reserve Bank (debt issuers and thieves) so the impetus of humanity, will be to abolish these concepts, if humans are given the power.
Are you saying tax will disappear so we don't need to fix Bitcoin?
If that is your logic, I think you are not realistic.
Work: ...Again, this is a word which has been watered down and destroyed in the sense that it has a dozen definitions. Is sitting around babysitting some miner-PCs, "work" the same as digging a ditch for the local utility company as a pensioned s worker, wrecking your back with labor? What is the meaning of the word "labor" once pensions are stolen? Oh sure, you can reply at length, but I am simply knocking your premises around, because again, as with the term "tax", the words "work" and "labor" are going to be modified according to the new paradigm, which neither you or I can predict, though you may be x factorially smarter than me (and I work in IT but have a lot of contempt for so called 'developers' who are usually quite stupid as to practicality), neither of us can know what the future paradigm will be as to work, labor, and taxation.
Oh you are very correct. We are studying this now:
http://esr.ibiblio.org/?p=4867I am JustSaying over there.
But none of this will change the fact that a huge chunk of the population for some decades won't be able to keep up with technology and will demand tht government tax and spend. So during this time, the cartels and government will become more powerful, not less.
We have history to guide us. I suggested you read:
http://armstrongeconomics.com/armstrong_economics_blog/He has studied history probably more than any person in the world. He even spent $21 million to make an exact chart of the value of silver during the Roman empire and fall.
He says increased government and taxation is coming for at least until 2033. This is the 78 year cycle of technological disruption.
So those are just two words, which are diverse in their meaning, and you can't pinion your whole super-genius-ness on them. Yeah you're smart, but to knock bitcoin on the idea that miners will give their power to a cartel, is to diminsih the power of humans in general. No, I do not agree with your shoddy estimation of the general mining pool. Let me clarify along the lines of your argument. You are saying for example, that Wackenhut, can use 1 million prisoners with each of them watching 100 servers, to produce a massive amount of hashing power, at pennies-per-watt... TRUE, prisoners are very cheap employees, and yes, the prison industry is the best cartel there is! Yes, your logic is sound. HOWEVER, you are assuming that mankind will allow cartels to exist! I am suggesting (sorry if my tone is a bit rough), that cartels are horrible institutions, and price does not drive all humans, and many many millions of workers/potential-prisoners will spend every ounce of their power and electricity, to DESTROY CARTELISM AND MERCANTILISM AS SUCH.
Whether or not humanity can erase cartels by magic is something I will leave to witches.
In the meantime, I am grounded in economics, i.e. opportunity cost, which has proven to far more reliable than witches.
It does not harm for us to fix Bitcoin. Why not do it?
I understand you fear cartels. Not every man does. In essence, you underestimate the sheer political destructive power of bitcoin and all the clones that will come.
Agreed if the clones come and they don't all have the same incorrect design.
And my writing here, is to make sure it is so.
So what is your objection to my writings?