Topic: Economic Totalitarianism - page 76. (Read 345758 times)

yes, i am a Filipino.. had some laughs reading your posts describing Filipinos  

i've been to some places where if there is some electrical line problem it takes a week or two and to a month or more for typhoon damaged lines to be fixed. People riding small boats, working in the fields and plantations, heavy rains etc. should be able to trade anytime anywhere.. i'm just trying to apply in my mind where in the worst possible situations cyptocoins can circulate like money.

yes i see everyone wants a smartphone but there are still people who cannot own one, even a 11$ made in china cellphone (not a smartphone) is hard for them to acquire.


maybe there are workarounds on this because that is an old problem facing new technology, there are still uncharted territories and we are still exploring..

The One World Currency & Cryptocurrencies

Armstrong's Follow Up

arielbit (are you my neighbor?) it will be much more efficient to train fish vendors here in Philippines how to operate a smartphone. Private bank issued tokens would be too numerous, confusing, and not trusted as they will cheat and fail (as they in the 1800s in the USA). Don't you see everyone wants a smartphone.

if that's the case i think cyptocoins and banks would co exist (not exactly like the banks today).. there will be mini/community banks or merchants who are trusted to exchange cryptocoins to notes,tokens, etc. I think physical money would never be outdated specially for micropayments. By then majority of bigger transactions would not involve banks anymore.


@trollercoaster

https://www.youtube.com/watch?v=IXZiLoydqPo

nice links..i have WRT54G too bad it is version 8 (not supported) I'd love to see this HSMM-MESH on a router 

running HAMs on router is low electricity and that's good but that just make us scavengers of old routers and they are scarce.

http://wndw.net there's a book here with some good information in it too.

Thanks for the link, Trollercoaster. This is the kind of thing I was after, though I still have to link a few dots on this subject; to get my head around it. There's a guy in the next village to us with quite an impressive folding HAM radio rig, about 20-30 ft. tall. I'll have to get into conversation.

Actually the discussion was applicable to Bitcoin's PoW also, because the selfish mining attack means any party that controls 33% of the network hash power can in theory accumulate wealth disproportionately faster than the rest of the network thus the fundamental flaw I described in the opening post. With certain control over the network propagation the required percentage drops as low as 25%. This can be happening now, indicators might be the orphan rate and statistics of how often two block solutions broadcast within the network propagation delay.

Perhaps Maxwell doesn't like the fact that I have a solution to that problem and am going to destroy Bitcoin and his bloated $24 million dollar vulture capital morass.

Maxwell is a smart guy, but selfish, closed source assholes (censoring technical discussion is closing source) can't win against the entire community of humanity. Does he really think the community can't pool enough resources to hire mathematicians and cryptographers as smart or smarter than him   He has a personality disorder (or vested interest but he didn't decide to acquire his position of overlord without the personality disorder in the first place) that I think Eric S. Raymond described well:

http://esr.ibiblio.org/?p=4901

National styles in hacking
Posted on 2013-04-11 by Eric Raymond

The German: Methodical, good at details, prone to over-engineering things, careful about tests. Territorial: as a project lead, can get mightily offended if you propose to mess with his orderly orderliness. Good at planned architecture too, but doesn’t deal with novelty well and is easily disoriented by rapidly changing requirements. Rude when cornered. Often wants to run things; just as often it’s unwise to let him.

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Self-healing in the Age of Collapsing Healthcare eugenics totalitarianism:

https://www.youtube.com/watch?v=uzWyiYUu-Dk

https://www.youtube.com/watch?v=QoDt4nX3qEg

https://en.wikipedia.org/wiki/Kombucha

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I never said buy bonds. I have no idea why you say that? If you mean others shouldn't buy bonds, note they do this for safe haven liquidity and because as bonds yields decline the resale value of the bond increases rapidly. The actual yield is not their objective.

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Haha. Good one.

I'm healing myself, then it's time for war. I'm not joking. No more time for this forum.

I am 4 days and 15 hours into my fast, but ate 2 egg yokes, a cup of leafy greens, and 50-100g of white coconut meat about 24 hours into the fast:


For most all of you who have never experienced Multiple Sclerosis, just remember you have no idea how debilitating it is. Imagine your worst sickness where you felt like utter shit. Realize how good you feel while reading this. Note the difference. Imagine feeling like shit all the time. Multiple Sclerosis has different effects in different people. I experience Chronic Fatigue Syndrome. That effect is basically inability to concentrate and not a feeling of tired as in wanting to sleep, but rather a feeling of exhaustion and inability to sleep:

https://www.youtube.com/watch?v=ZLyS8bj3iJM

Very interesting theory:

https://www.youtube.com/watch?v=7CuGPRF3zXg

P.S. Who believes this is true?

https://youtu.be/4QGjpYIJs4Q?t=306

What do you think of this guide? I am going to set up a couple of nodes, it looks pretty straightforward, portable due to low power consumption and low cost to set up.

Edit: it helps to paste the link.. http://hsmm-mesh.org

http://yanisvaroufakis.eu/2015/07/29/treason-charges-what-lurks-behind-the-bizarre-allegations/

1.99% is much better than the Swiss 10 year!

New thread?: Technological Totalitarianism     

*   *   *

Re bond yields and bond prices, yes, TPTB I understand that.  But, I am not tempted to buy bonds at about 1.99%.  1.99% is only a little better than 0%, and the 1.99% would be taxed anyway.

Sure bonds could go up (they have gone up A LOT).  But, not for me.  Not going to ride that tiger.

Well if you want proof that Maxwell wants to make war with me, he moved the following thread from the Bitcoin Technical & Discussion thread, after I made the post pointing out I was AnonyMint and that his Andrew buddy has a flawed white paper:

https://bitcointalksearch.org/topic/fundamental-flaw-in-consensus-algorithms-1159691

And not only that, but he didn't provide any "MOVED:..." thread link.

I am messaging the superior moderators.

If it is war he wants, then it is war he will get. And I am not referring to any action the owners of the forum obviously won't do. I am referring to destroying his company and Bitcoin. Now the fight is on.

When yield goes higher, bonds decline in value.

It will be a 2+ year collapse process.

In addition, this article is worth a read -> http://www.bloomberg.com/news/articles/2015-08-23/the-fed-is-looking-at-a-very-different-dollar-than-wall-street

TPTB is right about the US dollar.  It went down hard today vs. the euro and the yen because foreigners are cashing in their "Carry Trades" and taking their money home.  The dollar should be pretty strong for the short to medium term, IMO.

Sell bonds.  The 10-Year now has a yield of just 1.99%.  1.99%?  Ahh, no thanks.

Moi?  I sold a bunch of stock about three weeks ago, so am HODLING all else. 

Everyone's situation is different.

great, thanks for the response.

So are the calls for an all out "collapse" (of banks, society, outright chaos) overblown?  It seems like financial markets are getting much more volatile and risky, do you think those predictions are overblown?  Or are they just misdirection?

As I explained in my post in the MA thread today, this is the false move that causes the peak in bonds by Oct. 1.

You should be selling gold, BTC, and bonds, and buying US dollar and US stocks on this low this week.

Hold tight in that until Spring 2016, then diversify some into gold and crypto coins (especially mine  ) as they will bottom (<$700 and <$100).

TPTB: do you have any thoughts on the "black monday" crash going on right now?  Is this the start to the 2015.75 financial crash?  A foreshadowing of things to come over the next couple months?

 Any steps to take in the immediate future?

https://www.google.com/search?q=micro+hydropower


Sorry physical coins can't be secure.

The solution is to make cryptocoins as easy as opening Facebook.

You have a blind spot when it comes to economics.

If the opportunity cost of not joining the Knowledge Age is say 10 - 100X greater than remaining in the financed NWO morass, the profit margins of the financed world go negative (in fact this has already happened in China in the export manufacturing sector!) because you have too many competing for the same small bounded value (relative to the Knowledge Age value and the unbounded opportunities for growth).

Thus collapse to 0. That collapsed financed NWO system will try to survive by TOTALITARIANISM and eugenics.

Q.E.D.