Author

Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World! - page 157. (Read 383550 times)

legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

I done been warning you guys for a year now!!!



vip
Activity: 1428
Merit: 1145
vip
Activity: 1428
Merit: 1145
http://deadline.com/2011/02/mtv-goes-underemployed-with-comedy-pilot-from-craig-wright-108302/



"Okay, here's my idea for a new sitcom called Vlad's World - these two dudes, a Romanian and a Lugan ..."
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

The following is a list of those individuals who have achieved the distinctive title of SANS Cyber Guardian.





Get REKT!!!
vip
Activity: 1428
Merit: 1145

Gleb, I finally got the ADD time span to read your sausage post.

Bunk.

Did you see the news about Dr Wright's $300 million deal with Nchain?

My source came through - your bogus source was a no-show.

You owe me apples!  Romanian apples.



Romanian apples purchased and crated. Now, would you be so kind as to publicly provide your mailing address so that I ship them to you.  Kiss

legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Gleb, I finally got the ADD time span to read your sausage post.

Bunk.

Did you see the news about Dr Wright's $300 million deal with Nchain?

My source came through - your bogus source was a no-show.

You owe me apples!  Romanian apples.

legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Muppets!

I have nothing interesting to say so I'm being basic to bump this thread.
vip
Activity: 1428
Merit: 1145

In December 2010 Hal said Bitcoin would need a second layer payment system (*cough* sidechain) lighter weight, more efficient, faster, etc. 

A few months later, lo and behold, the first bitcoin clone pops up (at a time when only a few people in the world new how to clone bitcoin) is a bitcoin twin and the creator's name is Thomas.

Pop quiz:  What was the name of that coin?

Just more coincidences.   Roll Eyes


Actually there is a very good reason for Bitcoin-backed banks to exist, issuing their own digital cash currency, redeemable for bitcoins. Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient. Likewise, the time needed for Bitcoin transactions to finalize will be impractical for medium to large value purchases.

Bitcoin backed banks will solve these problems. They can work like banks did before nationalization of currency. Different banks can have different policies, some more aggressive, some more conservative. Some would be fractional reserve while others may be 100% Bitcoin backed. Interest rates may vary. Cash from some banks may trade at a discount to that from others.

George Selgin has worked out the theory of competitive free banking in detail, and he argues that such a system would be stable, inflation resistant and self-regulating.

I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash. Most Bitcoin transactions will occur between banks, to settle net transfers. Bitcoin transactions by private individuals will be as rare as... well, as Bitcoin based purchases are today.

Vlad, don't think for a second that I don't know what you did there.  Wink

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

Quote
Selgin's principal research areas are monetary and banking theory, monetary history, and macroeconomics. He is one of the founders, along with Kevin Dowd and Lawrence H. White, of the Modern Free Banking School, which draws its inspiration from the writings of Friedrich Hayek on denationalization of money and choice in currency. A central claim of the Free Banking School is that the effects of government intervention in monetary systems cannot be properly appreciated except with reference to a theory of monetary laissez-faire, analogous to the theory of free trade that informs the modern understanding of the effects of tariffs and other trade barriers. The free bankers argue that, viewed in light of such a theory, financial crises and business cycles are largely attributable to misguided government interference with freely-evolved and competitive monetary arrangements, including legislation granting central banks exclusive rights to issue paper currency.

Selgin is also known for his research on coinage, including studies of Gresham's Law and of private minting of coins during Great Britain's Industrial Revolution, and for his advocacy of a "productivity norm" for monetary policy—a plan that would have policymakers target the growth-rate of nominal gross domestic product at a level that would allow the overall price level to decline along with goods' real (unit) costs of production. According to Selgin, by preventing mild deflation in response to productivity gains, monetary authorities risk inadvertently fueling unsustainable booms or economic bubbles, setting the stage for consequent busts and recession.

His twin brother is author and illustrator Peter Selgin.
sr. member
Activity: 409
Merit: 252

Good to see some kind of development...
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

In December 2010 Hal said Bitcoin would need a second layer payment system (*cough* sidechain) lighter weight, more efficient, faster, etc. 

A few months later, lo and behold, the first bitcoin clone pops up (at a time when only a few people in the world new how to clone bitcoin) is a bitcoin twin and the creator's name is Thomas.

Pop quiz:  What was the name of that coin?

Just more coincidences.   Roll Eyes


Actually there is a very good reason for Bitcoin-backed banks to exist, issuing their own digital cash currency, redeemable for bitcoins. Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient. Likewise, the time needed for Bitcoin transactions to finalize will be impractical for medium to large value purchases.

Bitcoin backed banks will solve these problems. They can work like banks did before nationalization of currency. Different banks can have different policies, some more aggressive, some more conservative. Some would be fractional reserve while others may be 100% Bitcoin backed. Interest rates may vary. Cash from some banks may trade at a discount to that from others.

George Selgin has worked out the theory of competitive free banking in detail, and he argues that such a system would be stable, inflation resistant and self-regulating.

I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash. Most Bitcoin transactions will occur between banks, to settle net transfers. Bitcoin transactions by private individuals will be as rare as... well, as Bitcoin based purchases are today.
vip
Activity: 1428
Merit: 1145
Clamo, clamatis, omnes clamamus pro IXCoin.  Tongue
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
vip
Activity: 1428
Merit: 1145

Gleb, you hear the latest theories about John Nash and bitcoin (and IXC).

I'm convinced you and Anonymint are trying to outcrazy me.

I'm well-versed with Nash, but don't have a clue as to which automaker produced IXC.


That Nash almost looks like a Shriners' car.

Hey, you wanna play a game of Go? I'll be white.  Shocked
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Gleb, you hear the latest theories about John Nash and bitcoin (and IXC).

I'm convinced you and Anonymint are trying to outcrazy me.
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

What in the world?  Is that pre-civilization alphabet? lol

I'm gonna need help cracking that.
vip
Activity: 1428
Merit: 1145

[.center.]
Download from the Source!

Alpha and omega! 


[.IMG height=333 width=333.]

I cracked your code. Now fix your bbcodes.  Grin

Afterward, crack my code:



legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Download from the Source!

Alpha and omega! 



legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
Vlad's just getting scared and does not want to give anymore clues..
Because of The Gamow !

He is afraid of finding a boiled bunny in his kitchen  Cheesy

Vlad the only way to deal with a stalker is to have sexual intercourse with them.
..just sayin' Wink

Hahaha.  That made me laugh.
vip
Activity: 1428
Merit: 1145
Vlad's just getting scared and does not want to give anymore clues..
Because of The Gamow !

He is afraid of finding a boiled bunny in his kitchen  Cheesy

Vlad the only way to deal with a stalker is to have sexual intercourse with them.
..just sayin' Wink

Says the Canadian voyeur.  Grin Grin Grin


"Vlad and Gleb. Oh, My!"
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Vlad's just getting scared and does not want to give anymore clues..
Because of The Gamow !

He is afraid of finding a boiled bunny in his kitchen  Cheesy

Vlad the only way to deal with a stalker is to have sexual intercourse with them.
..just sayin' Wink
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