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1121  Other / Politics & Society / Re: U.S. Caught Training Terrorists Again on: June 18, 2014, 02:51:05 AM


http://www.oftwominds.com/blogmay08/iraq5-08.html





In related news, a "US warship with 550 Marines enters Persian Gulf"


real life Game of Thrones
1122  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 18, 2014, 02:44:12 AM
relevant post that I ran into while researching another subject

Cross-posting...

I suggest ignore. tvbcof's positions are so bizarre they don't make a lick of sense to a rational mind. When you point out the inconsistencies of his positions in clear terms a 10yr old could understand, he just ignores you and moves on to the next nonsensical rant. ... If there are any paid disrupters in this thread, he's it. If he's not being paid to post in this thread then he needs to seek counseling.   

He is not paid. This is the illogic of a lefty communist. You can't reason with them because their brain stem is not functioning. Their brains are operative and they can make semi-coherent arguments and even appear to be reasonably intelligent and articulate, yet always the logical consistency is absent.

I think it is because their philosophy is lacking an understanding of thermodynamics and the fact that only a free market of competing actors can optimize (anneal) a dynamic system. He doesn't understand that nature's optimization algorithm is simulated annealing. This is why if ice is cooled slowly, then there are less cracks because the local molecules have more time to find optimum structure.

What a lefty doesn't understand is that no entity can top-down manage resources better than the local competing actors (some perform worse and some perform better and thus the system learns). There is no way that the Feds can monitor every dynamic opportunity and problem experienced by 300 million people every day and decide on the appropriate actions in real-time. Thus every edict and requirement from the Feds is stomping on and preventing the free market of local actors from optimizing with the most degrees-of-freedom.

In the Economics Devastation thread, I explained with respected citations that degrees-of-freedom is known to be equivalent to potential energy.

In your car had no reverse gear (one less degree-of-freedom), then you need to drive in a circle (e.g. around the block) in order to go reverse, i.e. much more inefficient. Government makes the free market adaptation and optimization less efficient.

When government grows from 12% in 1930 to over 75% of GDP (once compliance with all regulations is factored in) as it is now, then we reach negative marginal utility of debt, which means adding new debt actually shrinks the real GDP. Debt reduces degrees-of-freedom too, because everyone and his half brother copies each other, because resources are declared to be free.

As I've mentioned, I'm a lefty and don't really mind if society gives people a hand in limited times of need.  Of course many people will take advantage of things (e.g., 'bleeding the beast') so in order to make the best use of limited resources, we do need to check up on people who are on the Government dole.  Else we end up with single women claiming more dependents than they have and folks like Cliven Bundy claiming special rights and needs.

You attack the symptoms and not the fundamental problem. The fundamental problem is the power vacuum of democracy, i.e. the government grows without bound. The only way to fix that is to deny the ability of the government to tax, so that the citizens have a (individual opt-out) veto against unjust taxation. We must defund the beast. And thus why I am working on such a technological solution.

You have no idea whom you've been debating with. If you knew, you'd feel pretty stupid for stereotyping me the way you did upthread.

anyway, lets move away from this meaningless discourse and talk about the bigger things in life, such as the end-game of bitcoin or the various governments around the world. What is Bitcoin without anonymity? Would it lead to the globalists being able to track every transaction we make? Is this the cashless society that Revelations foreshadows?
Are regional states tending towards regional central authorities (ie NAFTA, MERCOSUR, Arab League, ASEAN, etc etc)? That seems like the logical intermediary step before commanding all of them. This makes me think about how mining currently is in Bitcoin. Controlling any two top mining pools will lead to a >51% hold on influence over this network. What would this mean for Bitcoin if any of TPTB (if they don't already) had control?

1123  Economy / Economics / Re: Economic Devastation on: June 18, 2014, 02:14:09 AM
From what I've been reading, a benign dictatorship seems to be the only form of government that can endure and rule for the benefit of the governed constituency, I think, as long as the constituents have a way to opt-out or instill a positive feedback loop on/maintain government benignity.
1124  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 17, 2014, 11:15:32 PM
some people win the mining game, most won't (those at the bigger tail end of the zipf distribution) and for them it'd make much more sense to buy bitcoins directly. I'd assume that at some point back then, if you were earlier than the others you could mine more than one block with a nice GPU. there's a point of time where on one side it's more profitable to mine and on the other it's more profitable to buy and hold depending on the mining equipment you have relative to what the others have. every jump in mining efficiency (from CPU>GPU and GPU>ASIC) was a window of opportunity for miners to get a leg up on everyone else where it'd be more profitable to mine over buying. however, since the space is so competitive, the window closes quickly.
1125  Other / Politics & Society / Re: Iraq's second largest city, Mosul, captured by Islamic State of Iraq and Syria on: June 10, 2014, 07:34:04 PM
wasn't this inevitable.. from the day that obama decided to withdraw troops? i'm not saying this is on obama though, but this is just the consequence of a very hard decision he had to make.

it's been a known consequence since Alexander. probably past him
1126  Other / Politics & Society / Re: US Government Defies Court Order & Destroys Evidence of NSA Spying on: June 09, 2014, 09:54:51 PM
What do they even hope to gain by spying on American citizens? I'm pretty sure these clowns could have prevented the Boston marathon bombings, numerous school shootings, and a whole lot of other crimes if they were using these data for "national security" purposes. Yet they stood back and watched without doing anything.

http://www.zerohedge.com/contributed/2014-06-05/5000-years-history-shows-mass-spying-always-aimed-crushing-dissent

So what do they gain from crushing dissent? Apparently... everything:
https://www.youtube.com/watch?v=FHRhpbx17Gg
1127  Other / Politics & Society / Re: BREAKING NEWS: American Patriots Militia Groups taking down the Federal Reserve on: June 09, 2014, 06:52:12 PM
This is what batshit insane looks like.

the style certainly grabs your attention

"Henry Kissinger: World Order and the New Cold War"
https://www.youtube.com/watch?v=FHRhpbx17Gg

"We have always been at war with Eastasia..."
1128  Other / Politics & Society / Re: CNN national poll: Rand Paul 13%, Bush 13%, Ryan 12%, Huckabee 10%, Christie 9% on: June 09, 2014, 06:34:42 PM
"And it all starts to make sense..."





"...It's difficult to say exactly what to do
But the change begins with me and I reflect it back to you
And you and you and you, use your ability to choose"
1129  Other / Politics & Society / Re: "US confirms American carried out Syria suicide bombing" on: June 09, 2014, 10:40:26 AM
We have them here to. We just call them contractors.

lol... the private security contractors. At one point of time, some 100,000 of them were serving in Iraq alone. Now they have spread out to other conflict-prone areas, such as Libya and Afghanistan.

PMCs cost so much more than military dogs, reasoning? Possibilities I can think of is that they can operate outside conventional rules of engagement and privately escorting vital Big Business personnel.

edit: http://academi.com/pages/protect
ah, protecting business interests such as real estate and trade routes as well. and saves quite a bit of political cost I imagine
1130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread on: June 09, 2014, 09:50:07 AM
Let's imagine for a second there is going to be some kind of proof-of-stake based voting mechanism in Mastercoin, would you like to have the ability to transfer voting rights or should this be prohibited by all means? An implication of the transfer of voting rights is that votes may be traded which may, or may not be something to aim for.

If transferring voting rights are allowed, would it be easy for the owner of the Mastercoin stake to call back those voting rights at any time?
IMO it should be allowed since you anyway could bribe the owner of the vote to vote in their awy.

Hmm..better question then: How private can votes be?
1131  Other / Off-topic / Re: Apollo 11 fake or real? on: June 09, 2014, 05:35:40 AM
whoa whoa whoa, we're getting ahead of ourselves here. We don't even know a priori that the moon is even real
1132  Other / Politics & Society / Re: US Government Defies Court Order & Destroys Evidence of NSA Spying on: June 09, 2014, 05:21:37 AM
Sweet they destroyed one of their copies to get the scent off their tracks; clever bastards

buying time is my guess
1133  Other / Politics & Society / Re: Solar Roadways... on: June 09, 2014, 05:20:29 AM
as Ron said there is the disposal issue while with wind turbines there is not

The disposal issue is a minor one. The technology has advanced very much these days, and it requires just around 100 sq. km of barren land to contain the entire nuclear waste generated in this earth for a 100-year time period.

Nuke power then put it on a one way rocket to the sun every 50 years or so...

could you imagine another columbia??  Shocked
1134  Other / Politics & Society / Re: "Revolution in USA" on: June 09, 2014, 04:56:33 AM
was the third killing by them a cop too?
maybe Chris Dorner should've waited a bit Tongue but how did that couple even decide which cops to target? they just follow some squad car to CiCi's? indiscriminate killings are shifty

unfortunately I can't and don't condone violence (you all know the stories of police brutality) with more violence due to that particular route's probable end-game. No idea how to restore power/liberty to the individual though in this political framework aside from economics and education (crypto)
1135  Other / Politics & Society / Re: Solar Roadways... on: June 09, 2014, 04:48:52 AM
as Ron said there is the disposal issue while with wind turbines there is not

The disposal issue is a minor one. The technology has advanced very much these days, and it requires just around 100 sq. km of barren land to contain the entire nuclear waste generated in this earth for a 100-year time period.

How come Big Coal doesn't just take over nuclear and enjoy a more profitable revenue stream? yes their old market might be cannabalized but I just don't understand...is it to milk what they can over their investment in coal lobbying before doing so?  Huh
1136  Alternate cryptocurrencies / Announcements (Altcoins) / Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread on: June 09, 2014, 04:41:44 AM
POS based voting could be useful for voting on assets, like the upcoming la'ZooZ' asset for example (or any other company for that matter). If the vote is up for paying its holders a larger dividend or for relocating the incorporation to another jurisdiction, those holders that have the largest stake in it, will be affected (maybe more then anyone else) and may vote for a responsible outcome. This alone is no assurance for responsible voting though, because the largest holder could simply have short term gains in mind and may try to dump his stake after the vote.

I'd imagine the largest holder would be the proprietor of the company and I'd hope that they'd have enough long-term self-incentive to act in the shares' best long-term interests. David Johnston et al.'s notion of a Distributed Autonomous Corporation (https://github.com/DavidJohnstonCEO/DecentralizedApplications) I think is relevant to this kind of organizational framework.
1137  Alternate cryptocurrencies / Announcements (Altcoins) / [2014-05-21] Board Meeting on: June 09, 2014, 04:23:48 AM
JR, can you please release the board meeting minutes and possibly get the board to approve a complete budget for the next year.

Since Ron asked me if I could act as correspondent between these meetings and the public, here are the meeting notes. Unfortunately I was out with the flu the week the meeting occurred so forgive me for not getting this out sooner, I realize it wouldn’t have taken too much time.

https://docs.google.com/document/d/14xGC1dp2nMrmsijsruDvng6cFzM2DAg-io5Ki06SJNM

In summary, because of their point-man roles in bizdev and dev, Ron asked us if it was okay that they join us on board meetings for their perspectives and any quick clarification board members may need during our conference calls. On May 24 we all agreed it was prudent to give them access to the board@ mailing list so they are able to give immediate feedback on anything as they see it, but they of course will not have voting rights.

Raising bitcoins through fundraising was discussed; long story short it was decided that it’d be much more useful to everyone to accept them directly

David Irvine of MaidSafe was recently voted in to our board for the unique (and I have to say extremely valuable) perspective on operations he has offered, in addition to of course, being the caretaker of a hefty chunk of MSCs. After he was voted in, as CEO of MaidSafe he was concerned of the attention he could or could not afford in helping lead the Mastercoin Foundation so he has suggested that Nick Lambert, their COO, take his stead. Temporarily or for good we do not yet know, but from what I've observed Nick is one of those guys willing us to give us the unvarnished truth and I very much support either one to be able to offer their perspectives in addition to injecting some fresh blood into the board. Personally I hope we can piggyback off his ongoing responsibility with MaidSafe finances as I personally think we could use some more attention there...

As a dev has hinted recently, we’re developing a voting token. On the dev-side I do not know too much but I’m sure our git-hub might have something, you’re also free to follow/ask our dev@ mailing list about it. Apparently David Johnston will follow up with a proposal to switch over to it when the time comes.

Our first priority dev-wise however will be the meta distributed exchange first. Seems to be the logical next step after crowdfunding, to be able to exchange those smart property tokens for other currencies. Craig and the rest of dev@ are planning on a July 31 Omniwallet release for this and shortly thereafter in Mastercore—very exciting.  

We’re also working to raise more money from VCs to fund ongoing development as you guys are well aware that our funds will not last into perpetuity. David Johnston (david@mastercoin.org) is our point-man for that.

Some discussion about spinning off for-profit MSC companies. I imagine that the Foundation possibly would invest in an equity stake in these developments when they’re publicly crowdfunded, and in addition to those efforts directly raising the utility of MSC/the MP, having a stake in these spinoffs could also be a lucrative investment for the Foundation, offering another source of capital and installing a positive feedback loop on development. Details in the link.

Budgeting unfortunately was not discussed too much at this meeting, maybe because Brock and I couldn’t make it (though I do not actually know why). We have a meeting on the 17th so we’ll be sure to address it officially then.

No idea who could take over for Ron and do his job if he left. Apparently this is something Ron, JR and David are currently in discussion about to figure out details for a plan-B.

JR offers a perspective on Bitcoin prices. I personally believe in cycles of the financial market too;  while we have stressed it’s not something to depend on when talking about Foundation finances, speaking outside of that I am inclined to believe that this summer will incur another set of conditions that would incite another bull run due to the undervalued utility of bitcoins and the overwhelming room there is to grow as people realize the safe haven for preserving wealth that bitcoin provides amidst financial uncertainties like the ongoing ECB talks of negative interest rate policies and Obama lowering student loan interest rates (though personally this helps me short term as a student), global unrest and conflict, etc.


===
This should sum up everything. Please, the community, feel free to ask for clarification or give us some feedback and any help whether through your perspectives or contacts etc. that you deem you might be able to offer here and we’d graciously receive it. Again, sorry for not getting this out earlier.
1138  Other / Politics & Society / Re: "US confirms American carried out Syria suicide bombing" on: June 09, 2014, 02:59:21 AM
Yeah I've been looking into it the past couple hours and then I suddenly realized how bad things are over there and it's probably not worth getting kidnapped Sad Hell I should probably skip Lebanon too but I bet it's beautiful

Lebanon is a definite no-no. There is no government control over much of the country side. Some of the area is under the control of Hezbollah, some under the pro-Syrians, some under the Maronites, and there are even places controlled by the Palestinian militia groups.

There was some Korean American from Los Angeles who went to Libya to fight Gaddafi.  
http://news.yahoo.com/spring-break-libya-133500440.html

Sometimes people fight just to fight.  Sometimes for money.  IIRC - there are Russians in Syria who are fighting, because Assad promised them condos on the beach.  



that really makes me think I could do it
1139  Other / Off-topic / Re: What is the best thing in the universe? on: June 08, 2014, 03:11:44 PM
You can live without money.

Lucky you!  You get to prove this since, as I predicted, dankcoin is a complete failure.  I must be a boob-licking god! (the best kind)   Wink
Actually you could live without money if you would live somewhere far far away from modern civilisation but i wouldn't call it living i'd rather call it suriving.

If we shared with each other we could prosper better without money.

I met someone at Summer Camp Festival named Brendan and he sustains himself through bartering rocks and such, generally avoids money. He travels all over and lives a richer life than most I know. Made a beautiful double helix hemp necklace to carry a pendant I had. I only had money (and my company) to give him and he was okay with that only because he said it'd help him buy more hemp thread. Next time I know better.

there's always a road to anywhere
1140  Other / Politics & Society / Re: [Weed Like to Talk - Bulgaria] Start a wave of cannabis seminars in Europe on: June 08, 2014, 02:40:06 PM
my concern is that widespread use of cannabis will just be another means to inoculate the masses
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