Think about if we come in contact with Aliens from another planet, would they accept a currency printed out of thin air? would they accept another mans currency? would they accept gold even though they have no gold on their planet to trade back and our solar system has a abundance? would they give up their time/goods and services for some random guys money supply? I think we have a better chance exchanging duration with them.
To be honest this post makes me laugh so hard. You are just dreaming too far away in this case, out of your logic I guess. It is OK to be fanatic supporter of bitcoin but we should keep on our logic. Replacing fiat with bitcoin is possible but the chance is so low and it may take decades to happen. Probably we wont experience it when it happens. I rather work for a equally distributed currency that everyone can adopt without having any starting funds and have a equal chance to enterprise rather than work for another mans money supply. There is not a joke here, watch the simulation, everyone dies. It won`t be a dream it will be a reality and your grandkids and kids will be damn proud you stopped the slavery age. Yes it seems to good to be true except for when it is true. https://www.youtube.com/watch?v=seqoOnr2ebU |
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Think about if we come in contact with Aliens from another planet, would they accept a currency printed out of thin air? would they accept another mans currency? would they accept gold even though they have no gold on their planet to trade back and our solar system has a abundance? would they give up their time/goods and services for some random guys money supply? I think we have a better chance exchanging duration with them.
Out of box thinking mate. We can able to use the bitcoins or altcoins to exchange with aliens or other living beings in the universe if we can contact them. I wish BTC should replace the physical assets very soon for non corrupted solutions. That is what I wish. I don't think this happens through bitcoin. Maybe the blockchain technology provides transparency on each and every activity happening in a constitution of everything is integrated through blockchain. This way can clearly find where the corruption has taken place, without that nothing is possible. By now very few politicians of third world countries were aware of cryptocurrencies, and if they knew better about the same, surely they'll request bribe in the form of cryptocurrency. yah hopefully it gets there, it`s otw. https://imgur.com/a/gWq8Daj |
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Think about if we come in contact with Aliens from another planet, would they accept a currency printed out of thin air? would they accept another mans currency? would they accept gold even though they have no gold on their planet to trade back and our solar system has a abundance? would they give up their time/goods and services for some random guys money supply? I think we have a better chance exchanging duration with them.
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You can still enterprise with this system, you can obtain more duration in your time bank for working hard or running a business, no one needs to give up what they have earned and everyone wins in the end, humans win, bankers don`t have to live in fear and people don`t have to live with the burden of others raking in the wealth off their hard work. Governments can not solve their debt with more debt. To let the money press roll, project debt in future. This practice has to stop. The only way out is not gold or bitcoin but time. As limited supplies in a growing population only lead to robbery or killing and in the case of countries war. My first job I made 6$ an hour now its 14$ for min wage here, I used to be able to get my groceries for 10$ a week now it is 40$ for the same amount of food, my rent was 300$ a month now its 1400$ for the same amount of space, hyperinflation is here and soon you won`t even be able to bring a wheel borrow of money to buy your food. China wins if we keep going this way, and they will end up killing each other in the end for their limited supply. https://www.youtube.com/watch?v=jYJVG1fKnRo |
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seems like in this era of information/digital and crypto that it makes even easier to exchange time for time or duration for goods and services. THANKS to Satoshi!
Duration is the monetary value and since everyone earns base income at the same rate (like welfare or disability) we have some ground to work with or https://www.ontario.ca/document/your-guide-employment-standards-act-0/minimum-wageMonetary value is value in currency that a person, business, or the market places on a resource, product, or service. In fact, most goods and services in our modern economy are priced based on monetary value. Let's look at some examples of resources, goods, and services priced by monetary value: Commodities, such as precious metals, agricultural products, oil, gas, and other natural resources Tangible property, which is really any physical man-made thing, such as a computer, pencil, and art Intangible property, such as patents, literary rights, and publishing rights Land Certain legal property rights, such as gas, mineral, oil, timber, and water rights Services Labor, such as wages and salary And businesses If we assume a perfectly competitive market and no government intervention on price, then we can say that the monetary price of a resource, good, or service is determined by the market according to the law of supply and demand. My house is worth 5000 hours My 1OZ of gold is worth 300 hours My chair is worth 30 minutes My back message for a hour is worth 1 hour You want to work for me on my farm? instead of me paying you 14$ an hour (min wage here), I pay you 1 hour an hour out of my duration I have accumulated via a time banking system. You are doing a good job and want a raise after 3 months ok I will pay you 1 hour and 30mins per 1 hour you work. I know it is scary at first, you never seen the light, you will come out tho and enjoy your new freedom soon enough. https://www.youtube.com/watch?v=ExEjXLMd4VA |
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It looks like the downtrend on the financial system is inevitable. How do you think this will affect crypto? People used to refer to gold in the past, will they move to crypto this time instead?
I kinda think, that the upcoming crisis actually gives crypto a chance.
The whole thing could collapse and it would have no impact on btc, 1 btc = 1 btc |
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I would just say that impossibility can not be made possible. The scene you are trying to come up with is like back in the era of trade by barter. That time is gone, gone for good and will never come back.
There will always be a means of exchange that is generally accepted by the people because of the complexity of want and desire. Duration will face the challenges faced by trade by barter. Which is basically, want and desire.
https://community.timebanks.org/ seems there is duration trades going on right now. so what era are we in now that makes this not possible? why could duration not be the means of exchange that is generally accepted by people? The fact is duration can be the medium of exchange that is generally accepted by people and should be if they want to escape this $lavery $ystem we have been duped with by the bankers. |
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https://www.youtube.com/watch?v=aB8ifVJ34JU238 thumbs up, 6 bankers down The main reason duration will replace the current money supply/fiat/btc and gold is because fair distribution is a problem! We each make 24 hours a day, We each get 24 hours of duration added to our time bank or 1 second a second. We go to work for 8 hours a day, why not get paid 8 hours instead of 80$ (or whatever the rate may be in this case 10$ an hour) There is no need to convert time into another mans money supply just keep it as time. "Well my time may be worth more than another and I should get paid more" (is the only response I get) Well than you get more duration per hour examples: 1. A good pair of shoes could be worth 20 mins, a bad pair of shoes could be worth 10 mins, it is up to the seller to chose the rate of duration they want to obtain from the buyer 2. A more experienced worker could get 1hour and 1/2 for 1 hours worth of work and a new worker could get the standard 1 hour rate per hour, this is up to the employer to decide how much time they would like to give out of their "duration bank" (just like how they can pay someone 10$ and someone 25$ for the same or different jobs) The next major reason duration will replace btc and gold is because this simulation will play out in real life. start of mining (no one killing each other) https://www.youtube.com/watch?v=Q41RW6bxpM4 end of mining (the only way to obtain gold or btc or in this case huntercoin is to kill another man) https://www.youtube.com/watch?v=jYJVG1fKnRorobots will take over the jobs farmbot.io will replace farmers, self automated cars will take away 3% of the workforce making it even harder to obtain btc/fiat or gold. We also need gold to go to deep space so lets not waste it on making it our currency. In short: TL.DR, it is about TIME for a change. universal basic income https://bitswift.cash/ earn 3 types of crypto for FREE cdn-ecoin, bits and salus coin via duration mining (now you no longer need to have a expensive computer or asic miner to obtain wealth just time *not to mention how much power we are wasting have you seen those bitcoin farms*?) I really hope governments step up to the plate and offer this type solution to the public because it is just a matter of time before everything collapses on them. o wait... we could get paid time and become part of the government by getting duration for voting on issues at hand instead of voting people to vote for us and paying them? well damn that sounds like a future job that everyone could have, get money to be part of the "real" democracy, that and I guess space exploration is endless that would be the other job  anyways have a good day, just some food for thought, feel free to express how you feel about time as money I would like to know your thoughts time is money -Benjamin Franklin
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Before I reveal who Satoshi is I will say a few things. I am new to Bitcoin. I've only been in this Journey for little over a month. In this month I have lost $75 dollars in BTC by giving passphrase to fake support. I also lost $45 dollars on Goex Pro Invest which I guess was a exit scheme like Bitconnect.
In this short time frame I've learned about securing my wallet. I've learned about various altcoins. I've learned what Hodl means. But what I've learned the most, that Bitcoin, is that crypto is the means to give financial control back to the people. A better alternative to banking institutions to where Banks don't control your money, you do. It's that freedom of managing your money and knowing it's in your control. When you deposit money into a bank they own it to make investments, loans, and who knows what else.
Satoshi designed Bitcoin for the people. In this short time I have researched who is Satoshi. I've come across articles of people claiming they are Satoshi. I can tell you that they are not Satoshi. I can tell you they are Satoshi. So I know who Satoshi is. Satoshi is not a person. Satoshi is an idea, that idea is Bitcoin. It's the idea of individual control.
So I am here to say that I am Satoshi Nakamoto. I'm into Bitcoin to support this idea. In fact anyone who supports Bitcoin is Satoshi. We the Bitcoin community....we are Satoshi. So on Twitter, fb wherever you make posts about Bitcoin. Make an Hashtag of #IAmSatoshi to show that Bitcoin is indeed still strong, that the idea will come to fruition, to show support for the individual or group that developed Bitcoin. To make a stand against the banks, the Government's and the elites who think they can have our money. So make the Statement #IAmSatoshi and let's rock the community. Because Satoshi is all of us.
you are not Satoshi, we are not Satoshi, if Benjamin Franklin created electricity and I use it do I become Benjamin Franklin? This is Satoshi https://bitcointalk.org/index.php?action=profile;u=3notice how he/she/they type, it is not Craig wrong |
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I am earning 3 types of crypto free via duration/time mining this is good for me because I don`t have a good computer or a asic to mine www.bitswift.cashI am earning Bits/Cdn-ecoin and SaluS coin and all I have to do is sit back and wait for the timers to fill Governments or the people need to adopt this as it will be the future for basic income when robots have replaced most jobs. A common welfare to prevent mass homelessness like we are seeing around the world. |
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i have checked my wallet and found payment of 0.00000546 BTC from address i don't know 1ViViGLEawN27xRzGrEhhYPQrZiTKvKLo. first time i receive something like this  . i did some google search ,turned out a site with name vivigle who sent it , i don't care if this just advertising , it's funny , you can receive more at www.bitswift.cash via time/duration mining |
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I am not stressed I am earning crypto for free keep your money and invest time into www.bitswift.cash I am earning 3 types of crypto duration/time mining for free |
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its is here time/duration mining keep your money and invest time into www.bitswift.cash I am earning 3 types of crypto duration/time mining for free |
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I guess having a fixed hashing rate just means more people would use multiple low end computers so it would not work unless it only paid out to a single birth cert/sin number tied to a address, So that is not a option, but for timed mining/duration mining is there a thing? I have found https://bitswift.cash/ but that is it in this field, https://chronologic.network/uploads/Chronologic_Whitepaper.pdf is pretty close to what I am looking for. I want to know if there is more. please share if you know of any as I know time banking/timed altcoins are the only way for us to not kill each other in the future. The simulation proves it (start of a limited currency) https://www.youtube.com/watch?v=Q41RW6bxpM4 (everyone mines from nature and no one dies) (end of a limited currecy) https://www.youtube.com/watch?v=jYJVG1fKnRo (everyone kills each other, only one tribe can win and in the end they will kill each other) |
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Hey anyone know if there is a altcoin with equal Hashing power?
or a fixed mining rate? or time/duration mining?
something that can be used in a system for universal basic income like how everyone makes the same on welfare or whatever.
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Well this is a very old misconception going on about the creation of bitcoin. A lot of people said that NSA is behind it and a lot of people said that Russian Detective agency is behind it. But similarly, there was no proof found about it! My questions is that, why would NSA do such things? What is their end goal? If I had to believe that NSA is behind it then I will also have to believe that NSA actually helped a lot of people worldwide to become a millionaire. What would they gain from it? Think through and you won't get a feasible reason to believe it.
It's more convincing to believe that a computer scientist created this bitcoin. It is great that the creator is not known to the public. Otherwise, he will have to sped the rest of his life behind the bars. Do you think it is the correct treatment for the creator of bitcoin who actually helped a lot of people to become millionaire? I guess NO! So my earnest request is that, please don't try to find him and let him live his life in peace and serenity!
why would he or she or they have to spend there life behind bars? tax issues, and illegal money, that`s only if they live in a country that recognizes bitcoin as legal tender no? |
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Well this is a very old misconception going on about the creation of bitcoin. A lot of people said that NSA is behind it and a lot of people said that Russian Detective agency is behind it. But similarly, there was no proof found about it! My questions is that, why would NSA do such things? What is their end goal? If I had to believe that NSA is behind it then I will also have to believe that NSA actually helped a lot of people worldwide to become a millionaire. What would they gain from it? Think through and you won't get a feasible reason to believe it.
It's more convincing to believe that a computer scientist created this bitcoin. It is great that the creator is not known to the public. Otherwise, he will have to sped the rest of his life behind the bars. Do you think it is the correct treatment for the creator of bitcoin who actually helped a lot of people to become millionaire? I guess NO! So my earnest request is that, please don't try to find him and let him live his life in peace and serenity!
why would he or she or they have to spend there life behind bars? |
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When you work for usd,cad,euro,yen or other fiat $lavery $ystem BULLSHIT currency, you trade your time (limited) for a unlimited supply.
I much rather trade my limited time and work for a limited supply(like gold or bitcoin). So I cannot get cucked for unlimited amounts of time and work.
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