Topic: Martin Armstrong Discussion - page 174. (Read 647054 times)

It doesn't mean it can't be centralized, it means it's either sentenced to die from diffusion or it becomes centralized by default.  This is why metals are better, you can't make a new gold or silver in your basement then log on bitcointalk and say "I JUST INVENTED ANONYMINT GOLD, BUY THIS SHIT FROM ME STUPID GOYIM", while a million other people do the exact same thing.  Instead of incentive for consensus, there is incentive to diverge from a single chain, an inverse Schelling point if you will.  There is no financial incentive to diverge in metals because the number of noble metals is finite and can't just be invented ad infinitum.

Even if there was no incentive to create new chains in a get rich quick scheme by printing or cornering the supply yourself and saying "my chain is 1% better than the others, buy it", the inverse Schelling point in crypto would still remain because scaling is terrible due to the so called triple entry accounting (but it's not exactly triple entry accounting if it becomes entirely centralized now is it?).  Since scaling is terrible, fees are non-trivial and usurious, so people would bunny hop from one to another infinitely to prevent having usury levied upon them, which is why many people are sending transactions with things like Litecoin right now.

The only way consensus would be achieved in crypto is by force, the pointing a gun at you and saying you're required to use so and so chain, otherwise everything dies from diffusion (which is a good thing since the noble metals are better in all aspects anyway).  That is unless bitcoin forever remains some type of small, niche, regulatory arbitrage product for a few people to buy drugs on an internet site.  In that case, the internet site itself is forcing consensus by saying they will only accept so and so cryptocurrency.  Unless all 1st world govts collapse to shambles, regulatory arbitrage in this manner will be crushed for cryptocurrency if they maintain anything resembling current power levels, though.  Instead of the internet drug site forcing consensus on a cryptocurrency, it will be the govt.



Eating granola that looks like this.  I'm guessing it tastes better and has more nutritional benefits than women's diet crackers.

http://images.media-allrecipes.com/userphotos/560x315/639760.jpg

Also went and greatly expanded upon the god vs entropy problem:

https://steemit.com/science/@r0achtheunsavory/the-r0ach-report-25-computer-science-proves-the-existence-of-a-variable-known-as-god-but-not-what-god-actually-is

The endless forking means it can’t be entirely centralized. The fungible value will always be sucked into the center (i.e. Zionists who control the reserve currency Bitcoin), but remember my (AnonyMint’s) seminal essay is that knowledge production can’t be extracted with fungible finance. I keep repeating this and it keeps flying right over your head. You may never grok it.

Fungible money and the fixed capital investment industrial age is dying.


Only for metals which sit in your basement and are entirely useless. As soon as you need to actually spend them as money, then you will always be right back in the Zionists’ fungible money system.

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SUBJECT: Absolute best whole wheat cracker I ever tasted

The Hi-fiber wheat ones have no sugar added and very thick with many crevices inside. Simply awesome with tuna:

https://i.imgur.com/idQNvkN.jpg

http://archive.is/https://www.lazada.com.ph/jacob39s-low-sodium-hi-fibre-cracker-750g-45037620.html

http://www.unitedbiscuits.com/our-brands/jacobs/

https://en.wikipedia.org/wiki/Jacob%27s

I am not familiar with this discussion. does this explain the science of economics and its relation to belief in God?
can you explain in detail to me?

Just to clarify I have most certainly never claimed to know what God is. Infact I claimed the opposite that we not only do not know what God is with reason we can never know.  God is an apriori Truth.

Since my position was not understood below is my position on God. An empirical argument for religion.


Anonymints description of Satan above is very similar to my own limited understanding and interpretation.

I'm also surprised I'm the only person I've seen (I talked about this many times before) that the jews naked shorting bitcoin is 1000x worse for bitcoin than it is for metals:


If you don't want to live in an unwinnable casino gulag, metals wins again because shorting to cost of production just gives you a free money buying opportunity.

Cryptocurrency either centralizes into complete control faster and more so than anything else, or you just have endless chain forks like bitcoin cash, bitcoin gold, etc (aka altcoins but bitcoin itself is already an altcoin since it's been forked numerous times).  This means there will either be no Schelling point whatsoever and everything dies from diffusion, or the only thing that lives will be federated chains run by the state.  This is why nobody should support anything to do with cryptocurrency.  All roads lead to subsidizing your own enslavement.  And this is why I prefer metals.

Failure in that context is just what it is, as so defined in my prior post. Fungible systems are long-tail fragile (but near-term antifragile¹) because they tend to centralized control. Period. Decentralized systems are near-term fragile (because they can lose focus/organization on some information) but long-term resilient and antifragile.

I’m not inserting a moralistic (universal goal) argument. Nature is a mix of near-term progress via top-down organization (e.g. species selection) and long-term resilience via decentralized fitness (e.g. cultural transfer):<sup>2


1</sup> _{Credit @CoinCube with pointing that out years ago.}

² _{Note how species selection is also decentralized w.r.t. all species while being top-down w.r.t. to members of a species. Conversely note that cultural transfer is long-term resilient w.r.t. to members of the species but doesn’t necessary address inter-species fitness. Thus the perspective on what is top-down or decentralized is also relativistic, i.e. fractal patterns within patterns which oscillate between local effects and entanglement at a distance. This is what I want to explore next for a TOE.}


P.S. Fitness requires a relativistic interpretation of reality:

I don't know what your argument is here.  Failure to help the universe limp towards heat death is a human malfunction?  I don't know what you're trying to say.  If there was a benefit in doing what you claim, then wouldn't you, yourself climb into a rocket launched towards space and then set it to explode soon after reaching orbit to spread pieces of Anonymint around and infect as many random parts of the galaxy as possible?  It seemed like you were trying to say there is some type of unified goal of all things to maximize entropy where none really exists.  You're definitely not practicing what you preach here or you would have to impersonate a late stage sun and blow yourself up.

Now you are really trying to channel Coincube.

Satan can be characterized as the collective failure of humans, e.g. as it says in the Bible that 666 is the number of a man.

The images of Satan as some devilish creature can be construed to be an attempt to visualize this collective failure. It doesn’t necessarily mean that Satan is that creature.

We should also define failure in this context. Failure is an integral facet of the inexorable universal trend towards maximum entropy. Fungible systems tend towards top-down, economies-of-scale, thus must eventually be destroyed by creative destruction in order for maximum entropy to progress. Yet they are expedient and necessary along the way. They for example harbor stability for a while.

Unless you're trying to channel Coincube over here, it's kind of ludicrous you claim to know what god is.  I define the prime mover of the universe as gravity + the non-uniform distribution of matter.  For the non-uniform distribution of matter to exist, an entropy source had to exist on the other side of the big bang.  That entropy source is what I define as "god".  Whether "god" is a just a math variable (random number generator), person, linux VM admin, or whatever you want to claim it is, is pretty much unknowable.  Instead of "god does not play dice", god might be dice.  

The ability to create real random numbers might be the ultimate power and the only real power god has.  That is, unless the universe is deterministic, and then it would just be a puppeteer or something and you're not actually thinking or making choices anyway.  I'm going to lean towards the idea that real randomness was enacted because it would be a pointless exercise otherwise unless everything you see is the equivalent of a video game or movie for someone else's entertainment, but the latter is also still a possibility.

Gold still has its own issues with repatriation and trust of custodions. Crypto solves the problems in a much better way although its not perfect (ideal) its the closest we got (asymptotically)

I told you upthread that fungible monetary systems are the property of Satan. You’re wasting your time idolizing shiny pieces of metal thinking that is a solution to anything.

We’re moving into a knowledge age. I will not repeat all the upthread explanations and links. Readers can scroll back.

seems we have TWO economies running -

a new rising Virtual world economy with no boundaries and

And the old Real world economy with borders and laws

As the Virtual Economy grows and more and more participate a need for ONe virtual currency increases.
 A single supporting legislation on Such Virtual economy will also be needed.

I’m not a expert in technology (I’m a Virtual World Refugee) I don’t know anything.
But biggest difference I see between crypto currencies and real world Paper / Metals is that the Cryptocurrencies  are not subject to geographical boundaries nor affected by central bank interest rates changes - and easily outside of Tax.

The young folks and next generation are very comfortable and spend more time in Virtual Economy than the Real World.   So I see this as a new empire but without borders.    In old times when An empire started - the architect/ Engineer/ resources miners were in high demand / law enforcement/ armies  - today I speculate that TECH sector wages are out pacing other sectors as they build this new empire - their law enforcement you can say are the System security / forensics experts / developers / miners / System database designers etc

Virtual World vs Real World


God Bless

You're promoting a cuckold movement:

Doesn't really understand it yet though. From your article: "Bitcoin should swap everything to shares...".

...

Armstrong is going to add Bitcoin to his Socrates project (his supercomputer looking at financial cycles):

https://www.armstrongeconomics.com/world-news/cryptocurrency/bitcoin-is-it-here-to-stay/

He is doing so because his customers want him to.

The transaction volume layer doesn’t need to be on the Bitcoin blockchain nor necessarily even offchain! And yes Bitcoin will be the NWO reserve currency as designed by the Zionists who control it.

You’re going to miss out on $1 million per BTC in 2026 with your silly tinfoil hat precious metals delusion.

Theres a thread on here i follow but mainly my own analysis. I predicted 10k would come when it was 400ish around the time roach was complaining about insivible hands shorting and when trump came I knew that was a catalyst. Log chart usually jumps by 2 by I knew 10k log4 was a tough nut and if we went above to 11 or more and retraced it was 2 log jumps again most likely. So it went to 11.3 and retraced and here we are targetting 25k which is quarter way to log 5. Alt flavor may catch to give btc a chance to breathe.

I saw the swings when 11xx hit during mtgox and planned accordingly.

Show me a chart that has that target projection drawn on it.

The adoption rate has to slow in percentage terms. Oak tree seeds grow to saplings quite rapidly, but not to the moon.

Although I can say that that slowing can be accounted for significantly in the longer duration of the U-bottom from 2013 – 2018 as compared to 2011 – 2013. So it’s not entirely implausible. Peak-to-peak appears to project less than $100k though.