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Topic: Economic Devastation - page 137. (Read 504811 times)

full member
Activity: 210
Merit: 100
September 09, 2014, 09:11:31 AM
will give it a crack, thx guys ^^
legendary
Activity: 1260
Merit: 1002
September 09, 2014, 07:21:25 AM

You will probably need a week or two of studying the thread slowly.

I will be the first to admit I needed a week to fully absorb the following works of AnonyMint.

The Rise of Knowledge
Understand Everything Fundamentally

Together these are quite simply the most insightful piece of economic theory I have ever read.

If the author is right and I think he is we are all in the midst of a tragedy of epic proportions.  It is sad unstoppable and will devastate the lives of much of humanity.


could anyone give me a tl;dr of the works of AnonyMint?

Thx x

TLDR: hide your kids, hide your wife. they're raping errbody out here. https://www.youtube.com/watch?v=EzNhaLUT520 ^^
full member
Activity: 210
Merit: 100
September 09, 2014, 05:44:54 AM

You will probably need a week or two of studying the thread slowly.

I will be the first to admit I needed a week to fully absorb the following works of AnonyMint.

The Rise of Knowledge
Understand Everything Fundamentally

Together these are quite simply the most insightful piece of economic theory I have ever read.

If the author is right and I think he is we are all in the midst of a tragedy of epic proportions.  It is sad unstoppable and will devastate the lives of much of humanity.


could anyone give me a tl;dr of the works of AnonyMint?

Thx x
STT
legendary
Activity: 4102
Merit: 1454
September 09, 2014, 12:20:52 AM
how can fascism be a thing in 2014?  Huh

50% of the economy is government, what would you rather call it.   Its very much a thing at least economical, the other doctrine to go with it might be missing but you could argue the same is true of China and its alledged communism yet it appears more capitalist then the USA at least economically.    Things are not as they are labelled in many areas, I'd guess that was the same at least to start off in the last century also
legendary
Activity: 1260
Merit: 1002
September 08, 2014, 10:30:03 AM
Fascists are the ones calling other fascists.
Inb4 Godwin point et al.
member
Activity: 70
Merit: 10
September 08, 2014, 10:14:14 AM
how can fascism be a thing in 2014?  Huh
newbie
Activity: 42
Merit: 0
September 08, 2014, 09:46:53 AM
BTC will save us from economic chaos we are headed into.
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
hero member
Activity: 784
Merit: 500
September 07, 2014, 12:46:14 AM
This 'Dark Enlightenment' theory is a blatant case of pattern over-matching, as are many of the theories of 'AnonyMint' I'm reading.
My estimate is that he lives in the US. I can sense by the distorted world-view, surely a fault of the propaganda ministry of his country.
The guy is smart, make no mistake, but as it happen with most of the smart ones, when they start to see patterns and verify that their deductions were right, then they start over-matching relations among events. Many of them seems unable to control their environmental predictor in the brain. The verification process of a deduction, in the realm of society and politics, is a difficult task that has more to do with art than with science. This is because exact verification is impossible, especially at the bottom level of society (you and me).
The economic-focused details of his theories have something right in them, but even this is wasted in the surrounding confusion.

It is funny that these threads theorize so many weird and implausible things, all the while major historical events are unfolding right now.
It seems like for someone is better to look at the sun, instead of the country below, when they finally reach the mountaintop.


Edit:
I just realized how much of this 'warning: this is for high IQ audience' crap there is around here. Oh boy. What has happened for the last 50 years and is happening now is very simple to understand. So simple that it has been necessary to cover it in a fog of confusion.
Everybody can understand anything, if he want. Don't listen to people that tell you that you are too stupid to understand something. Maybe they are too stupid to explain it.

Isn't Dark Enlightenment a neo-fascist movement?

http://blogs.telegraph.co.uk/technology/jamiebartlett/100012093/meet-the-dark-enlightenment-sophisticated-neo-fascism-thats-spreading-fast-on-the-net/
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
September 07, 2014, 12:32:36 AM

I agree with the 'can't buy knowledge' part. Internet has made the cost of most knowledge almost free or next to nothing, something that people in the pre-internet era couldn't dream of. Hopefully these large amounts of knowledge available can bring some quality changes.

Free knowledge mostly benefit 3rd world. But that is causing havoc back in the 1st world country as most resources went into research and development, and now being given away for free.

You are wrong, 3rd world has no internet or is highly filtered.

Smart phone is actually very popular in 3rd world country. And they do have high speed internet service.
Most 3rd world countries are still several years behind the rest of the world in terms of smart phone availability as well as cell network performance.
You don't need a top of the line smart phone to utilize bitcoin. The blockchain.info app could be used on the 1st generation iphone or most android phones that are several generations old.

That is correct. Read an article a few days back about how mozilla phones could increase bitcoin adoption in the developing world.

http://www.cryptocoinsnews.com/news/low-cost-firefox-phones-could-bring-bitcoin-developing-world/2014/09/02
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
September 06, 2014, 08:22:13 AM
This 'Dark Enlightenment' theory is a blatant case of pattern over-matching, as are many of the theories of 'AnonyMint' I'm reading.
My estimate is that he lives in the US. I can sense by the distorted world-view, surely a fault of the propaganda ministry of his country.
The guy is smart, make no mistake, but as it happen with most of the smart ones, when they start to see patterns and verify that their deductions were right, then they start over-matching relations among events. Many of them seems unable to control their environmental predictor in the brain. The verification process of a deduction, in the realm of society and politics, is a difficult task that has more to do with art than with science. This is because exact verification is impossible, especially at the bottom level of society (you and me).
The economic-focused details of his theories have something right in them, but even this is wasted in the surrounding confusion.

It is funny that these threads theorize so many weird and implausible things, all the while major historical events are unfolding right now.
It seems like for someone is better to look at the sun, instead of the country below, when they finally reach the mountaintop.


Edit:
I just realized how much of this 'warning: this is for high IQ audience' crap there is around here. Oh boy. What has happened for the last 50 years and is happening now is very simple to understand. So simple that it has been necessary to cover it in a fog of confusion.
Everybody can understand anything, if he want. Don't listen to people that tell you that you are too stupid to understand something. Maybe they are too stupid to explain it.
newbie
Activity: 48
Merit: 0
September 01, 2014, 12:42:15 AM

I agree with the 'can't buy knowledge' part. Internet has made the cost of most knowledge almost free or next to nothing, something that people in the pre-internet era couldn't dream of. Hopefully these large amounts of knowledge available can bring some quality changes.


Free knowledge mostly benefit 3rd world. But that is causing havoc back in the 1st world country as most resources went into research and development, and now being given away for free.

You are wrong, 3rd world has no internet or is highly filtered.

Smart phone is actually very popular in 3rd world country. And they do have high speed internet service.
Most 3rd world countries are still several years behind the rest of the world in terms of smart phone availability as well as cell network performance.
You don't need a top of the line smart phone to utilize bitcoin. The blockchain.info app could be used on the 1st generation iphone or most android phones that are several generations old.
hero member
Activity: 493
Merit: 500
August 31, 2014, 04:17:11 PM

You will probably need a week or two of studying the thread slowly.

I will be the first to admit I needed a week to fully absorb the following works of AnonyMint.

The Rise of Knowledge
Understand Everything Fundamentally

Together these are quite simply the most insightful piece of economic theory I have ever read.

If the author is right and I think he is we are all in the midst of a tragedy of epic proportions.  It is sad unstoppable and will devastate the lives of much of humanity.

I don't quite keep an eye on economic conditions around the world but one thing is certain that bitcoin is here to stop the economic devastation.


i'm midway through "understand everything fundamentally" and according to what i've siphoned out of the essay, bitcoin will only slow an inevitable economic devastation. the current paradigm of "what is wealth" is the root error and creates a systemic infection where people begin to treat symptoms of the infection with solutions (bitcoin). much like doctors do today in the west. "Oh, you have a cold? Take antibiotics and cold medication!". The root cause of the disease was stress, but the doctor doesn't address this


note to readers...the technical nature of "understand everything fundamentally" is a bit over my head..so my interpretation could be somewhat flawed
member
Activity: 63
Merit: 10
August 31, 2014, 11:59:41 AM

You will probably need a week or two of studying the thread slowly.

I will be the first to admit I needed a week to fully absorb the following works of AnonyMint.

The Rise of Knowledge
Understand Everything Fundamentally

Together these are quite simply the most insightful piece of economic theory I have ever read.

If the author is right and I think he is we are all in the midst of a tragedy of epic proportions.  It is sad unstoppable and will devastate the lives of much of humanity.

I don't quite keep an eye on economic conditions around the world but one thing is certain that bitcoin is here to stop the economic devastation.
hero member
Activity: 493
Merit: 500
August 30, 2014, 09:08:44 PM
this thread just shattered my mind. looks like i found something to do the next few weeks!
hero member
Activity: 518
Merit: 521
August 30, 2014, 06:57:47 PM
---------------------------- Original Message ----------------------------
Subject: Can the Internet Replace Career Politicians?
From:    AnonyMint
Date:    Sat, August 30, 2014 7:52 pm
To:      "Armstrong Economics"
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/08/30/can-the-internet-also-replace-career-politicians/

I agree with some of what Martin Armstrong wrote at the above linked blog post. Specifically I agree that the politicians and bureaucrats are able to do malfeasance because the public is both apathetic and systemically incapable of making change even when aware.

Martin has this theory that if the people could vote directly on every issue instead of being represented by elected officials, then the systemic problem would be solved. I briefly entertained this conceptual idea when I was about 13 years old. It is quite naive and juvenile.

Armstrong and Margaret Thatcher have the same gullible misunderstanding that most people of lower IQ have. They haven't taken the time to,or don't have the mental abstraction IQ to, comprehend how degrees-of-freedom and the granularity of adaption to maximize fitness interact with the immutable Second Law of Thermodynamics such that it is impossible that top-down organization of anything can ever work. I have explained this ad nausem in my past writings as AnonyMint:

https://bitcointalksearch.org/topic/economic-devastation-355212

http://unheresy.com/Information%20Is%20Alive.html#Knowledge_Anneals

https://bitcointalksearch.org/topic/m.6065144

https://bitcointalksearch.org/topic/m.6078778

https://bitcointalksearch.org/topic/m.6716262

Simulated annealing is the only known algorithm which can maximize fitness (i.e. the solution to the solution space) where the solution space is unknown a priori, has an unknown number of independent variables, and is dynamic with unknown number of feedback loops. Simulated annealing is nature's optimization method. Simulated annealing is why ice that cools slowly has less cracks because the localized organization and coordination of the molecules have more time to independently (i.e. bottom-up organization) find optimum states.

Only a fool or person of low IQ would assert the bottom-up voting for top-down issues can somehow anneal. I feel like I am dealing with children. Am I that much smarter than most people? Or are most people just too lazy or too invested in their logically failed ideas such that they are unable to think coherently?

The 150 - 170 IQ genuis who coined "open source" (as opposed to "free software") explained the power vacuum of democracy:

http://esr.ibiblio.org/?p=984
(Some Iron Laws of Political Economics)

The solution to the problem of the power vacuum of democracy is to eliminate top-down issues so that people can be free to organize more locally. The technological solution is coming with decentralized technology. For example, 3D printing, flying cars with computerized avoidance systems, decentralized anonymous crypto-currency (Bitcoin isn't decentralized and isn't robust in a fractured internet), decentralized corporations, decentralized social organization over the internet, etc..

Why does local organization work better? Because it is impossible for top-down laws or issues to be optimized to every local situation and especially dynamically because everything is always changing.

The gripe against local organization has been that economies-of-scale can't be attained. This was true in the Industrial Age where fixed capital and stored money were paramount. But with the internet economies-of-scale can be attained even if only 1 in 1000 people are availing of each thingamajig. This is why I have been writing about the coming Knowledge Age and the death of all top-down organization, including the death of passive capital investing such as bonds and usury finance. Instead we will move towards where capital is knowledge. Money will only be a currency and not for storing capital. There will be no way to store capital for long periods of time that isn't knowledge (money will have high rates of debasement in order to fund its decenralized crypto-currency security). The old world overlords will die away along with the socialism masses who don't cross the chasm. This is why their NWO is a death paradigm.

And this is why massive poverty is coming because most people aren't ready to cross the chasm. And this poverty will usher in disease and war. Out of the ashes, will come the Knowledge Age. For a while, the old will hang on and the socialism will become very idealistic (youth are glossy-eyed ready to the "end the corruption" mantra employing more top-down Marxism) and try for the NWO top-down solutions that Armstrong and others espouse. But that is the dying paradigm on the long haul. The Knowledge Age will be growing.

I can see clearly and lucidly the Big Picture how it all fits together in a perfect puzzle.

Get it. Or perish. I am tired of explaining it.
sr. member
Activity: 266
Merit: 250
July 11, 2014, 07:15:54 PM

I agree with the 'can't buy knowledge' part. Internet has made the cost of most knowledge almost free or next to nothing, something that people in the pre-internet era couldn't dream of. Hopefully these large amounts of knowledge available can bring some quality changes.


Free knowledge mostly benefit 3rd world. But that is causing havoc back in the 1st world country as most resources went into research and development, and now being given away for free.

You are wrong, 3rd world has no internet or is highly filtered.

Smart phone is actually very popular in 3rd world country. And they do have high speed internet service.
Most 3rd world countries are still several years behind the rest of the world in terms of smart phone availability as well as cell network performance.
sr. member
Activity: 434
Merit: 250
freecrypto.top
July 11, 2014, 08:53:54 AM
Reading the third post I found it a very interesting read. This article was released last night from a VeriCoin developer.

http://www.vericoin.info/downloads/decentralization.pdf

Pretty much each reason the third post addressed in December of 2013 has been addressed by the VeriCoin team. They have the use of Bitcoin through its veri-bit system. They also use a POS system that promotes staking to support the network.

Anyways, not here to promote that coin but I just felt after reading this post and how true it rang that I would give a shout out to these guys. They are working hard to address concerns from OP.
full member
Activity: 158
Merit: 100
July 11, 2014, 03:20:45 AM
Smart phone is actually very popular in 3rd world country. And they do have high speed internet service.

You are wrong, but it depends what is 3rd world for you and you might be right. And good luck learning some useful stuff from smartphones.

http://en.wikipedia.org/wiki/List_of_countries_by_smartphone_penetration
http://en.wikipedia.org/wiki/List_of_countries_by_number_of_Internet_users

Agree with you and useful links for the topic.
STT
legendary
Activity: 4102
Merit: 1454
July 10, 2014, 08:05:27 PM
Ive no idea why exactly but apparently the quality of DSL in Somalia is world class apparently and they're ready to install within a day or so of your request.    How far that good quality of
service might go Im not sure because they'd need a transatlantic link and they probably dont have it

http://www.balancingact-africa.com/news/en/issue-no-345/top-story/somalia-s-civil-war/en
http://sabahionline.com/en_GB/articles/hoa/articles/features/2013/01/07/feature-01

I thought they missed a trick in Afghanistan.   All that time they were there and trying to dismount the militia type occupation, they should have enabled as much wireless broadband as possible.   Its only by isolation and bullying that the Taliban or similar were able to dominate the local tribes.   Doesnt seem enough smart thinking was done, instead many smart bombs


I think this is more relevant to the fabulous wonderful world of federal reserves  http://www.youtube.com/watch?v=MancNnvHDFY
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