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1861  Economy / Economics / Re: Economic Devastation on: May 06, 2015, 01:22:16 PM
CoinCube this will end up as a drawn out philosophical debate which I don't think the readers are much interested in.

That is why I suggested this really needs to wait for when I might have the time to write an essay or series of essays or more formally develop some mathematical arguments.

I wonder if this deferred philosophical debate would lead to the conclusion that life balances the competing priorities of energy and entropy. If it did it would be a conclusion similar to the one we reached the last time we had this debate.

However, having laid out my areas of disagreement especially #5, #9, and #10 which seem to be largest source of our divergence I am content to let the matter rest. I greatly enjoyed your prior essays and look forward to reading a future one.
1862  Economy / Economics / Re: Economic Devastation on: May 05, 2015, 11:41:37 AM
CoinCube's Contention: Life Prioritizes Energy over Entropy

Your subordination of entropy to a 2nd class citizen of physics and nature is abomination and travesty of science and philosophical inquiry.

You have raised multiple heated argument against my prior essay on life and entropy. As your writing style is somewhat fluid I have broken your arguments into ten primary vectors of attack. I will address each in turn.

#1 Entropy is not mixedupness. The fractal nature of life leads to an irreversible trend of entropy towards maximum information content.

The interpretation of entropy in statistical mechanics is a measure of uncertainty, or mixedupness that remains about a system after its observable macroscopic properties, such as temperature, pressure, and volume, have been taken into account. The term mixedupness was coined by Josiah Willard Gibbs. Gibbs was the first to study the idea of expressing the internal energy of a system in terms of entropy.

You certainly can make the case that thermodynamic entropy as explained by statistical mechanics should be seen as an application of Shannon's information theory with thermodynamic entropy interpreted as the amount of further Shannon information needed to define the detailed microscopic state of the system. This is the argument of Edwin Thompson Jaynes and it may be correct. That argument, however, does not change the fact that at the simple physical level entropy is mixedupness. This definition is useful as it highlights how in its pure form entropy is of limited use to life.

#2 Life creates knowledge and thus increases entropy. Life spawns new information content that cannot be prediction a priori by the prior information content and thus the process of life is an entropic process.

I agree that the process of life increases entropy. All reactions and events that occur in the universe must increase entropy. Regarding knowledge creation, however, the presentation of thaaanos upthread appears to be the most accurate. Information is not created it is discovered, or carved out of the entropy of the universe. When two actors come together and communicate it is done by sharing a state, not flow but entanglement. Their later computation is based on the new information does not increase information content it simply shifts focus.

#3 The condition of life is higher entropy than the condition of death. The information needed to describe life is orders of magnitude greater. Life is dynamic and interacting and dust does not have more microstates.

I would challenge this assertion. A 70 kg body has approximately 7*1027 atoms. That is, 7 followed by 27 zeros: 7,000,000,000,000,000,000,000,000,000.

In the body these atoms are aranged in a highly structured and ordered array that interacts with the environment in limited and controlled ways. The skin for example is an effective barrier preventing reactions with most outside agents. The amount of information needed to describe the interaction of 7*1027 free floating atoms with their environment dramatically exceed that required to describe a single highly organized and predictable living organism.

#4 Measuring efficiency in terms of energy is myopic, because for example I can achieve near to 100% efficiency for transferring energy from reservoir (eg. battery) to another but that has not achieved anything useful. The useful work as far as nature is concerned is the increase in entropy.

This is a good example because it highlights the difference between energy and entropy. You can transfer energy from one reservoir to another you may even be able to do it with a 99.9% efficiency but always some energy will be lost. With this loss the entropy of the universe has increased. However, as you stated you have not achieved anything useful and actually have less usable energy. Life is concerned not with entropy but with energy. Entropy is simply a tool life uses to climb to higher levels of order and potential energy.

#5 Entropy is not an agnostic soup from which order rises. Nothing in the universe is absolute everything is relative. Generalized, global efficiency is the maximizing of entropy. Over the longer term systems self-organize (anneal) to prioritize global efficiency by elimination Cosaian barriers.

Let me rephrase my argument using your wording from Understand Everything Fundamentally. Life is an unsustainable internal order that will continue as long as it is able to defend frictional barriers against the more efficient external possibility of non life. Thus life is consistent with entropy and is a temporary local order that exhibits higher potential energy. These local increases in order are logistic meaning that due to Coase's theory grow in an S curve exponentially, stagnate then tend to disintegrate, as eventually the mechanism which is propping up the internal inefficiency succumbs to the external universal entropic force.

#6 Entropy is not referentially transparent aka it is an opaque context.

You have yet to provide an argument to back this assertion.

#7 Entropy not just 3D spatial order the frame-of-reference. You must also account for entropy measured over every dimension including the time and network effect domains. Entities that are creating the most entropy in their system decide what is entropy and what is not.

The time dimension is included in the definition of entropy for without allowing time to progress entropy is fixed and does not change. Observers watching a semi-closed system from different points in the universe may disagree on the rate entropy was changing but that difference would be predictable and consistent with special relativity. Observers with different knowledge of possible microstates may also disagree in their estimates of entropy. However, in this event the observer with knowledge of the largest number of microstates would be the most accurate. I suspect your argument regarding network effects can be challenged in a similar manner but you will first need to further define what you mean by the "network effect domain".

#8 Reed's law proves that entropy is growing faster than potential energy can. Networks grow at a greater complexity scale then the cost of the networks.

Entropy always grows faster than potential energy this is true via the second law of thermodynamics. There have been many unproven estimates that attempt to measure the "value" of networks. These estimates include Reed's Law, Metcalfe's Law, Odlyzko Estimate, and Sarnoff's Law. These so call laws are mutually exclusive attempts to guess the value of network effects. None of them deserve to be called a law as none of them have come anywhere close to meeting that high scientific standard. Furthermore what these guesses attempt to measure is the value of networks to network participants. As in the case of the battery example above what is valuable to network participants is not entropy but potential energy.

#9 There is no convergence if entropy exceeds the rate the system can anneal. This is true if there is a top-down controller or not. I do not need to deny that in order to be correct in my argument against top down monopolies.

I have never argued for a pure top down monopoly. Such a situation would be equivalent to a life form that did not mutate or evolve. It would be fixed and static and unable to adapt. This is the polar opposite of extreme entropy that exceeds the ability of a system to anneal. The optima is somewhere between these extremes. What I have argued for is not monopoly but some level of top down stewardship to ensure that the search through entropy is maximized yet limited to levels that allow the system to converge. Even at entropy levels levels below the error threshold pure anarchism risks reducing long term optimization/adaptation as it excessively steepens the fitness curve. This drives all participants to the nearest local optima effectively raising the barriers to distant more global solutions. The proper role of socialism is to help ensure trailblazers survive long enough to eliminate economic friction. In a landscape with an extremely steep fitness curve those individuals may not survive or succeed. Crossing these barriers involves significant cost and we can get stuck in a higher valley of the N dimensional solution space.

The key point is that anarchism does not eliminate all the necessary barriers to maximize long term efficiency. Instead it forces conformity to the nearest local optima effectively raising barriers to distant more global optima.

#10 Collectivism leads to moral hazard and thus should be eliminated.

Collectivism plays a needed role and should be improved and limited to reduce its current inefficiencies. How much collectivism is optimal is a challenging question but I would argue nature has provided us a useful model in the human brain. Characterizing the non neuronal cells in the body as dumbed-down and under control of a top-down monopoly would be a gross oversimplification. The brain is only under the illusion it is in control. The reality is our brains have been granted a very limited stewardship and the absolute minimal amount of control necessary to achieve specific goals.

The human body is a masterpiece of evolution. Our lives are possible due to a vast interplay of complex interactions that occur completely outside of our control and until recently our awareness. Blood glucose regulation, thyroid function, fluid balance, and immune response are just a handful of the multitude of reactions that occur automatically and without conscious thought. The vast majority of body functions are carried out by autonomous cells which is why brain dead individuals can potentially survive for decades if they are provided nutrition.

Nature has limited our top down control to a minimum number of critical functions:
1) Determination of physical location (Ensuring the collective can relocate if the need arises)
2) Ensuring continual energy intake (Global analysis of resource utilization and availability to ensure current and future supply)
3) Avoiding predators (Avoiding and if necessary fighting off large scale external threats)
4) Raising offspring (Ensuring reproduction and the survival of offspring)

These are the problems and challenges nature had decided are best dealt with top down. For the higher order life form called civilization I suspect that nature is correct and that these challenges, at the global civilization level, are most efficiently dealt with centrally. Outside of these limited roles we should work towards constantly minimizing top-down control. Just as we cannot top down control our immune system it is not optimal for government to top down control law enforcement. We should strive to gradually make this function independent. This is not a call to eliminate law enforcement as immunocompromised organisms do not survive long; rather, it is an argument for a gradual transition to community oriented law enforcement that is accountable locally. Just as our brains have almost no ability to micromanage individual cells. We should likewise work towards minimizing the role of government in our everyday lives.

Our current problems have arisen because our civilization is relatively new and unevolved. Instead of an intelligent government we are blessed with one that is mentally handicapped. This low IQ government has also developed a nasty addiction to the toxic beverage called debt. Most of us here on bitcointalk are the equivalent of a dissident minor neural cluster. We are the moment of hesitation the alcoholic feels as he is eagerly downing his third bottle of vodka. We should strive to convert the rest of the neural structure once it hits rock bottom (reset) and is more amenable to change. The long term solution is education.
1863  Economy / Economics / Re: Economic Totalitarianism on: May 05, 2015, 12:37:56 AM
If you are from the USA, Switzerland, Liechtenstein, Norway, or Iceland one interesting option is parking money in Singapore real estate. Singapore has taken great pains to keep foreigners out of its property market. They have been trying to keep speculators from driving up the costs of property.

To cool investment Singapore has imposed a flat 15% tax on all foreigners who buy property in Singapore. Individuals not native to Singapore essentially have to pay an extra 15% to buy property. However, if you are from USA, Switzerland, Liechtenstein, Norway, or Iceland you are immune to this 15% tax due to old free trade agreements that these countries signed with Singapore.

Essentially individuals from those countries can buy for the same price as a native. My understanding is that the banks in Singapore will let you take out a mortgage in US dollars if you earn income in USD but you have to have 30% down. Note that I have not actually done this so I can not guarantee this last point.

Advantages of Singapore Property:
1) Singapore has no capital gains tax
2) Singapore has low property taxes (home unlikely to become giant leaching device)
3) Singapore tax on rental income is only 20%
4) A mortgage in dollars on a home in Singapore is a nice hedge against dollar decline
5) Its one of the most desirable areas to own property in the world and likely to become more so in the future
6) Plan B property if that becomes needed

Disadvantages of Singapore Properly:
1) US dollar is currently on a short term upward trajectory (so now might be early)
2) Singapore property is in an artificial downward trajectory triggered by the 15% tax (so now might be early)
3) Singapore has subsidized public housing for natives which will suppress rental income
1864  Economy / Economics / Re: Economic Totalitarianism on: May 04, 2015, 08:41:01 PM
...

This thread is actually in honor of CoinCube (who started the very popular "Economic Devastation" thread).

Smiley

But, that thread wanders into difficult philosophical terrain, and I am interested in hearing opinions (practical!) re what we can do about "Economic Totalitarianism":

OROBTC I am honored.

I certainly agree that the Economic Devastation thread often wanders into difficult philosophical terrain. A thread focused on practical suggestions is welcome.
1865  Economy / Economics / Re: Economic Devastation on: May 04, 2015, 01:55:03 AM
CoinCube has an impossible job of rebutting me. I await his failed attempt in 2 days.


"If you practice you can win every battle." - Manny Pacquiao   Cool
1866  Economy / Economics / Re: Economic Devastation on: May 03, 2015, 11:46:17 PM
I am now giving people vitamin D3 for everything that ails them, and it seems to work.

Seems most of our illness and injuries are immune system related. Also vitamin D3 affects 2500 signals in the body. It is metabolized in the liver to a hormone.

Info to be aware of if you are taking high levels of vitamin D supplements for a prolonged period.

http://en.wikipedia.org/wiki/Hypervitaminosis_D
1867  Economy / Economics / Re: Economic Devastation on: May 03, 2015, 11:19:57 PM
Professional fighting is a ruse.

If you want your fighting to be less controlled there is always MMA.

One of the best technical fights I have seen.
https://www.youtube.com/watch?v=c44HiW-VEtw

1868  Economy / Economics / Re: Economic Devastation on: May 03, 2015, 10:45:23 PM
@darlidada my impression of what makes most people happy is that it is a combination of the following
1) Self sufficiency
2) Large and strong family and social networks
3) Physical fitness
4) Relative social status
5) Physical comforts

I would add a vocation that gives a sense of accomplishment and self-worth (self-esteem and purpose). That vocation can also be the role as parent (especially often true for the female).

All individual or Dunbar limit congruent tribal. So where does your leaning towards top-down control and planning by the State originate from?

The natural constraints in the economic system make top-control an illusion at best and a disaster usually.

For that answer you are going to have to wait two more days    Smiley
1869  Economy / Economics / Re: Economic Devastation on: May 03, 2015, 09:46:26 PM
I knew things were bad in terms of student loans in the US, but I had no idea the kind of debt medical practitioners had.


It's an investment. Going into medicine or the medical field can be hugely expensive, but that occupation is also paid ridiculously well. Honestly, in my opinion, they are overpaid. You could further argue that most occupations to pursue and get degrees in are expensive, but as I said, they compensate you well in the long run. That's the problem in the US, high costs for college and upper tier education gives no motivation for people to take that huge investment risk.

Agreed physicians do just fine. Most start off in their early thirties in a huge hole sometimes up to $500k of debt but they can climb out of it after a few years.

The real tragedy is the massive and rising cost of undergrad education. Undergraduate degrees despite the hype do not lead to guaranteed high income jobs unless you are smart about what you study and are good at what you do.

http://www.collegedata.com/cs/content/content_payarticle_tmpl.jhtml?articleId=10064
Quote
According to the College Board, the average cost of tuition and fees for the 2014–2015 school year was $31,231 at private colleges... the average cost for books and supplies $1,244... the cost of "room and board" $11,188.

So the average 19 y/o at a private school may be paying as much as $43,000+ each year for an undergraduate degree. If they take 5 years to finish (very common today) you are talking about well over $200,000+ in debt right out of college. This is debt that can never be discharged.

https://www.naceweb.org/s04022014/starting-salary-class-2014.aspx
Quote
that the average starting salary for college graduates stands at $45,473

Federal Stafford loans carry an interest rate of 4.66%. If you try to pay off a $200,000 loan with 4.66% interest in ten years (the traditional repayment time for student loans). You would need to make monthly payments of about $2,000 well over half of the take home pay of someone making $45,473.

In no world of magical math does that work out which is why student loan defaults are at an all time high of around 27% and why it a certainty that the government will eventually get around to bailing out these borrowers.

http://www.breitbart.com/big-government/2015/04/15/study-over-27-of-student-loans-are-in-default/

It is sad but unless you are the best college is looking more and more like a very dangerous choice.
1870  Economy / Economics / Re: Economic Devastation on: May 03, 2015, 03:47:18 PM
...

 Grin

My hiatus update: our kid became a Mrs. just this evening.  The party ended very early (at an Hacienda with horses, they need to sleep at night).

Peruvians party harder than any other group I know...

Their economy is (still) growing, but there is more uncertainty with China slowing and less (not much less), foreign investment.  Still OTS of tourists, Peru is a beautiful country.

Congratulations!

Never been to Peru. Best partiers I have run across are those in Costa Rica. Latin America in general seems to know how to unwind and have a good time.

@darlidada my impression of what makes most people happy is that it is a combination of the following
1) Self sufficiency
2) Large and strong family and social networks
3) Physical fitness
4) Relative social status
5) Physical comforts

If we weigh these factors equally. Its not entirely clear how the average Westerner measures up to the average Filipino. Migration is still predominately out of the Philippines indicating that the Filipino's think they are better off in the west but that may not be the case forever.
1871  Economy / Economics / Re: Economic Devastation on: May 03, 2015, 12:43:18 AM
(and maybe CoinCube will still fail to address this point in his promised rebuttal...3 more days ETA to his stated 7 days hiatus).


 Grin
1872  Economy / Economics / Re: Economic Devastation on: April 28, 2015, 02:26:48 PM
Make some kind of argument that isn't just more obfuscation such as your mutation analogy.

I have made my argument in my post on entropy upthread you have not adequately refuted it although I know you think you have.

Maybe you can do so with that essay you are talking about above maybe not. I look forward to reading it when it is done. For now like I said let's move on.

In what way have I not refuted it?

...

(if you cause me to lose this lady because I've been ignoring her communications in order to balance my work with all this communication with you, then I will never forgive you!!)

Ha ha well I certainly do not want to be responsible for that.

I worry you are assigning suboptimal amounts of personal resources to this debate.
I will answer your question but will wait to do so until exactly one week from today.

Spend some time with your lady friend. That is more important.  Wink
1873  Economy / Economics / Re: Economic Devastation on: April 28, 2015, 01:12:00 PM
Make some kind of argument that isn't just more obfuscation such as your mutation analogy.

I have made my argument in my post on entropy upthread you have not adequately refuted it although I know you think you have.

Maybe you can do so with that essay you are talking about above maybe not. I look forward to reading it when it is done. For now like I said let's move on.
1874  Economy / Economics / Re: Economic Devastation on: April 28, 2015, 12:58:18 PM
You'd be wiser to stop interjecting those incorrect barbs and stick to futilely, incorrectly arguing the facts.

This is true. Any barbs should be looked at as friendly gibes rather than wounding attacks. Perhaps in the spirit of competition I have been taking things too far? Fair point I will pull back from the gibes.

Don't flatter yourself. I was already well aware that you would think that and it is obvious why you would think that. Really I have your thinking all mapped out already. I know why you are wrong. I was going to address that fundamental math in the more abstract essay.

We agree on what is needed to further this discussion. On current trajectory is not one of convergence. So lets put this debate back on hold (pause) as we discussed earlier. There is no rush we can return to it later when you have time.  

Your subordination of entropy to a 2nd class citizen of physics and nature is abomination and travesty of science and philosophical inquiry.

Ah we are getting back to the philosophical now. In this area (as in so many areas it seems) we appear to be natural opponents   Cheesy
1875  Economy / Economics / Re: Economic Devastation on: April 28, 2015, 05:24:17 AM

It didn't take me 2 hours. Once my mind was fresh, it took me 5 minutes to figure out how to refute this.
...
Reed's law says the potential increases 2N - N - 1 thus with exponential complexity[1]. Multifurcating networks and multiplexing routers means the energy cost to provide available connection between N nodes only increases with polynomial or subexponential complexity[1]. The virtual IP network is a fully connected mesh topology, but the physical network is hub-and-spoke a.k.a. hybrid star plus bus[2] (this is gained via efficiency).

Conservation of Energy thus makes your statement impossible. ▮Q.E.D.

That slam dunks also my point about the general definition of efficiency.

AnonyMint I can tell you only spent 5 minutes on this.

Reed's law is the unproven assertion of David P. Reed that the utility of large networks scale exponentially with the size of the network.

This so called law is obviously and intuitively wrong. It fails to acknowledge limits on the number of inbound and outbound connections a member in a group-forming network can manage. The actual maximum-value structure is much sparser than Reed's guesstimate would suggest.

http://spectrum.ieee.org/computing/networks/metcalfes-law-is-wrong

Quote
"There are common-sense arguments that suggest Metcalfe's and Reed's laws are incorrect. For example, Reed's Law says that every new person on a network doubles its value. Adding 10 people, by this reasoning, increases its value a thousandfold. But that does not even remotely fit our general expectations of network values—a network with 50 010 people can't possibly be worth a thousand times as much as a network with 50 000 people.

At some point, adding one person would theoretically increase the network value by an amount equal to the whole world economy, and adding a few more people would make us all immeasurably rich. Clearly, this hasn't happened and is not likely to happen. So Reed's Law cannot be correct, even though its core insight—that there is value in group formation—is true.

Although you won't admit it you are essentially trying to prove the second law of thermodynamics is wrong. You have no chance of success.  If you insist on trying you need to make the argument using the math of thermodynamics not business school guesswork.

You were correct before when you agreed with me that some top down constraints are needed to ensure convergence. You should return to your prior and correct insight.

It is clear you do not have the time currently to do this topic justice. I am content to leave the matter in dispute. Let's return to it later when you can give it more attention.
1876  Economy / Economics / Re: Economic Devastation on: April 27, 2015, 12:14:44 AM
The Knowledge Age alters the economics such that usury is no longer viable. Please read the following. I think it is fundamental that you be exposed to the specifics of this concept:

https://bitcointalk.org/index.php?topic=355212.msg11193804#msg11193804

We can delve into it more later but I do not believe my arguments upthread are in any way incompatable with your theory of the Knowledge Age.

Conflating chaos of aggression with the chaos of productivity appears to be your error.

Here is where we do not yet have consensus. I believe your entropic theory contains the following oversimplification.

The entropic theory of knowledge states that entropy should be maximized to increase the degrees of freedom in the economy and thus maximize prosperity. I would assert that the goal is not the maximization of entropy per say but rather the maximization of the harvesting of entropy to achieve a higher order state.

The problem with Martin Armstrong's proposal of raising awareness and then the people rise up to stop the "99% target the 1%" (where the 1% becomes everybody in stages just see how every country fell into communism and/o fascism)

I would argue that Armstrong's solution is the only optimal long term answer. I agree it won't suffice for the current crisis there simply is not time and humanity is not quite smart enough. Long term, however, it is the only hope of an optimal outcome.


My emphatic point is that you are debating me on a topic I spent years thinking about and even wrote 3 essays on. And this information content topic falls right into my career vocation of computer science. So please don't feel bad if you lose this debate.

Your expertise and intellect in this area is undisputed. I also feel your papers and theories as outlined in the OP are both ingenious and largely correct.
I do believe you have made some oversimplifications in your analysis in regards to entropy and that these oversimplifications dramatically alter how one should interpret your theories.

It is these potential oversimplifications mainly in regards to entropy that are currently in dispute not the validity of your overarching theories.

As for losing... we will see about that  Wink
1877  Economy / Economics / Re: Economic Devastation on: April 27, 2015, 12:13:10 AM

But, it looks like the varying uses of the term "entropy" and "Marxism" (not to mention comments on four-letter personality types) are not really advancing us any further in discussing "Economic Devastation", and in fact the current discussion approaches that of the how many angels can dance on the head of a pin...  

*   *   *

Lately all I have seen re defending one´s self vs. an overly greedy .gov in need is the need for advanced education (TPTB) and HODLING assets like gold and BTC (from me for example).

1)  I would like to see other suggestions on what we can do as individuals to keep ourselves & families OK in the devastating storms to come.  And other than that of acquiring advanced programming skills WAY beyond me and most others.

2)  I am also interested in finding and examining SCENARIOS of Economic Devastation, and the probabilities of each and possible resolutions (at individual and perhaps (dare I suggest it) at some sort of Collective level.

I do understand that this may be kind-of a thread-jack, and if so voted, I will STFU and retire from this most interesting thread.

Ok one last quick two posts and then I really will be gone for a few days. Sometimes I think I am starting to understand Anonymint's password scrambling habits. OROBTC I agree with you that discussion of four-letter personality types does not really advance the discussion. I will avoid doing so going forward. Thank you for calling me out on that.

In terms of the recent sometimes eye glazing back and forth on entropy the reason it matters is that it has a very large impact on your #2 above. If I am correct for example then Martin Armstrongs solution of education is the right one. Also it means that Bitcoin (or something like it) may be a critical part of the solution. If TBTP is correct then Armstrong's is wasting his time as education will accomplish little or nothing and Bitcoin will become a part of the problem. Also Monero (or something like it) may be a critical part of the solution. I do not expect we will reach consensus on the entropy issue but I am sure that side discussion will wind down eventually probably due to mutual exhaustion. Cheesy

I definitely agree that this thread is lacking suggestions for the individual. I would be happy to see more talk on that. I can tell you that one thing I did to was to ensure that my family was located in a city with 1) stable local finances and 2) a thriving information technology sector. If things go bad I am confident my local order will hold up longer then it will in other places. Also it significantly limits the risk that my home will be turned into a giant leaching mechanism. I can and will be hit at the federal level but at the local level there is a small buffer.
 

 
1878  Economy / Economics / Re: Economic Devastation on: April 26, 2015, 02:23:19 PM
Having earned a 4.0 in simultaneous biochemistry and mathematics degrees I can assure you that I know when I write at an A level.

Good slaves always give the "correct", indoctrinated answers.

You again demonstrate the classic ENFP weakness.

http://www.16personalities.com/enfp-strengths-and-weaknesses

Quote
Independent to a Fault - ENFPs loathe being micromanaged and restrained by heavy-handed rules - they want to be possessors of an altruistic wisdom that goes beyond draconian law.

The challenge for ENFPs is that they live in a world of checks and balances, a pill they are not happy to swallow.
1879  Economy / Economics / Re: Economic Devastation on: April 26, 2015, 02:03:50 PM
CoinCube,

That is horrendous. I give you a D.

TPTB I am amazed you did not give me an F.  Cheesy

Having earned a 4.0 in simultaneous biochemistry and mathematics degrees I can assure you that I know when I write at an A level.


rpietila, wait i am not done editing that post. Continue reloading the page until I have addressed every point in his post.

You look like you are still composing your rebuttal so I will reserve judgement until you are complete.

Unfortunately I have used up all my Bitcointalk time for this week. I will be back next weekend. Hopefully thaaanos or L3552 can carry the torch for me until I return but if not I will continue to try and help you see your logical blind spot next week.
1880  Economy / Economics / Re: Economic Devastation on: April 26, 2015, 08:32:24 AM
I am waiting for TPTB to come back and admit that I am correct on all points  Grin
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