Blockstream begins their assault on Ethereum: |
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Your scenario doesn't make sense. There's no reason for all these nations to be beholden to the US dollar and collapse while acting as indentured servants to the US.
It doesn't make sense. But it is a fact. The value of dollars raised by foreign corporations via bonds that have to repaid in dollars is $10 trillion since 2008. The Hong Kong dollar is pegged to the US dollar. The Chinese Yuan has been more or less pegged the US dollar. This policy enabled China to force all savings in China into 0 profit manufacturing. Read Michael Pettis to understand the macro economics. What you think is irrelevant. These are the facts. |
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without looking it up (i'm lazy tonight) gonna state you are wrong about the comparison of man's co2 to volcanoes.
Read what Armstrong wrote as quoted in my prior post. It is the ash, not the CO2 that matters. The ash and particulate from volcanoes creates a 2-3 year cooling effect which can be world wide. however, this is not a permanant change. Armstrong's supercomputer and $billion of historical data has correlated that in fact it is a more permanent change or inflection juncture (perhaps not climate but societal). Science (data) trumps guesswork. It must kick off a cascade of effects. Follow-up by Armstrong with charts: https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/we-are-headed-into-a-new-ice-age-but-when/Correlate with the scientists' recent discovery of a backtested predictive computer model for the sun's emission Maunder Minimum which predicts Mini Ice Age starting again 2030ish: https://www.google.com/search?q=site%3Aarmstrongeconomics.com+maunder+minimumI am not obliged to faithfully believe Armstrong's "Supercomputer." Just show persuasive arguments backed with facts. THanks. No one demanded you to do so. You retain your free will and can lose or gain from your decisions. You are welcome to compile the data yourself and build your own model. In the meantime, I make judgements based on discernment. I believe if you challenge MA in email, he will provide the raw data to you and some direction on his methodology. I believe the charts he showed are displaying generally available data. As for the backtested predictability of the correlation of societal change, I think you need $billion to compile the data Armstrong claims to have compiled and multi-dimensionally cross-correlated. The cited backtested model for the Maunder Minimum 2030 prediction has 95+% backtested accuracy and is an open sourced scientific discovery. It doesn't come from Armstrong's database and computer.
While there is a body of scientific literature discussing the probability of a coming mini ice age, this is credited as existing by Armstrong, and is not predicted by him or his computers.
Yep that is my point. As for the rest of your comments, it's up to him (or you) to back the claims made with proof. Not my job.
Incorrect. A man without discernment is lost. You'll never have absolute proof for every decision and judgement you need to make in life. The scientific method is not absolute proof. Your taxonomy is too strict and out of touch with reality. |
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without looking it up (i'm lazy tonight) gonna state you are wrong about the comparison of man's co2 to volcanoes.
Read what Armstrong wrote as quoted in my prior post. It is the ash, not the CO2 that matters. The ash and particulate from volcanoes creates a 2-3 year cooling effect which can be world wide. however, this is not a permanant change. Armstrong's supercomputer and $billion of historical data has correlated that in fact it is a more permanent change or inflection juncture (perhaps not climate but societal). Science (data) trumps guesswork. It must kick off a cascade of effects. Follow-up by Armstrong with charts: https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/we-are-headed-into-a-new-ice-age-but-when/Correlate with the scientists' recent discovery of a backtested predictive computer model for the sun's emission Maunder Minimum which predicts Mini Ice Age starting again 2030ish: https://www.google.com/search?q=site%3Aarmstrongeconomics.com+maunder+minimumI am not obliged to faithfully believe Armstrong's "Supercomputer." Just show persuasive arguments backed with facts. THanks. No one demanded you to do so. You retain your free will and can lose or gain from your decisions. You are welcome to compile the data yourself and build your own model. In the meantime, I make judgements based on discernment. I believe if you challenge MA in email, he will provide the raw data to you and some direction on his methodology. I believe the charts he showed are displaying generally available data. As for the backtested predictability of the correlation of societal change, I think you need $billion to compile the data Armstrong claims to have compiled and multi-dimensionally cross-correlated. The cited backtested model for the Maunder Minimum 2030 prediction has 95+% backtested accuracy and is an open sourced scientific discovery. It doesn't come from Armstrong's database and computer. |
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Remember the Chinese miners are highly leveraged fiat debt queens.
And they're in an emerging market with tremendous growth potential, while everyone else on the planet is also in the same enormous fiat debt, except their debt is in something not productive. When the cascading defaults occur in the global economy, it will create a black swan event. So much of the digital fiat will instantly vaporize that the system will no longer function. The people who maxed out their credit cards on something that will actually be useful on the other side of this are probably the smartest people in the room when nobody is going to be paying back those debts anyway. It doesn't work that way in practice. Armstrong has explained that rest of the world will collapse first driving the USA dollar skyhigh, because the rest of the world was borrowing in dollars and pegging their currencies to dollars, thus the rest of the world is short the dollar. A massive short covering effect is coming. And thus the international capital will follow like ducks chasing the gains in the USA dollar and USA stock market. Causing a massive bubble while the rest of the world is collapsing. When the dollar becomes too strong and the bubble reaches its apex, then the dollar will collapse and the world will end up in a monetary reset chaos 2018 - 2020. So what's your reply to this? You think the Chinese miners are going to get squeezed so hard they have to dump everything? They already dump everything lol.
The large scale miners operating on debt. They will be forced to dump more Bitcoin as interest rates rise. Mining on low interest rate loans has been great. |
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Very interesting and fascinating insights within your postings. Thank you. When will your project approximately be released? Also many good name suggestions along the lines.
I don't have an ETA yet. See the description below of what I am trying to accomplish. Perhaps JAMBOX the social distribution network can be released this year. The Jambits probably early 2017 if I can stay on schedule and do coding 14 x 7. Looks like I have to take a 2-3 month diversion to create my own programming language that can compile to Javascript. The programming language would be rudimentary in its first incarnation, compiling only to Javascript and no other tools such as no debugger (can use the Javascript debugger). I am working on the LL(k) parser grammar now. Refer to the prior posts upthread on programming languages. The choice of programming language is critical to the success of JAMBOX because I am targeting both music distribution initially and more widely JAMBOX will be a mobile app platform. In other words, you won't code to iOS or Android APIs any more. You will code to the JAMBOX API. I am attempting something very ambitious and could change the entire computing world. More details will be in the crowdfunding campaign when ever I get around to doing that. I probably won't announce the crowdfunding here, because I don't want to be perceived as promoting to speculators nor planning a P&D. This will be a long-term multi-year project for me. I am creating a company, not just a CC. The CC will be open sourced and decentralized. I will not give more details now. The whitepapers will be published when I am ready. Ransomware operators might keep some BTC too, though I doubt it is much. No one other than speculators wants BTC; everyone who uses it just seems to treat it like a hot potato.
That is why I have said the only economy where Bitcoin is the unit-of-account is the crypto gambling market. That is why I am going to attempt to create a new microtransactions economy for CC with my JAMBOX wherein the users do not cash out and their unit-of-account are the Jambits or Jamcash. The distinction from GetGems will be there will be actual use cases that drive the users to do these microtransactions. Also I intend to solve all the scaling and centralization problems of Bitcoin, by employing my clever modification to Satoshi's proof-of-work by employing unprofitable mining with a perpetual tail block reward. The math is irrefutable, that Bitcoin's spendable supply will asymptotically trend to 0 due to lost coins. Monero and Jambits will both trend to constant spendable supply due to the tail reward. The difference is Jambits' mining will be unprofitable and mined by the millions of users. I will explain in a white paper why this will remove the tendency to centralize mining and why it will circulate the coin from the power-law savers to the spenders in a virtuous cycle that is necessary otherwise unions and socialism forms to do that job. P.S. my health is much improved, but only because of the oregano oil taken sublingually. If I miss a dose of the oregano oil, my chronic fatigue malaise returns. Even with oregano oil, I still getting bouts of diarrhoea and I have weakness/pain in my hamstrings. My head is great (about 80% of normal). So I think this is good and sustainable. Hopefully over the months, I will finally be able to clear out the gut dysbiosis that seems to the root of my multi-year struggle with chronic illness. My sleep is still variable. Often I can only stay sleepy for 5 hours but other times I get 8 or 10 hours. That I am working so much on computer night and day is another fact. I will take a vacation for 10 days in first half of May and I won't be on the computer. |
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Ransomware operators might keep some BTC too, though I doubt it is much. No one other than speculators wants BTC; everyone who uses it just seems to treat it like a hot potato.
That is why I have said the only economy where Bitcoin is the unit-of-account is the crypto gambling market. That is why I am going to attempt to create a new microtransactions economy for CC with my JAMBOX wherein the users do not cash out and their unit-of-account are the Jambits or Jamcash. The distinction from GetGems will be there will be actual use cases that drive the users to do these microtransactions. Also I intend to solve all the scaling and centralization problems of Bitcoin, by employing my clever modification to Satoshi's proof-of-work by employing unprofitable mining with a perpetual tail block reward. The math is irrefutable, that Bitcoin's spendable supply will asymptotically trend to 0 due to lost coins. Monero and Jambits will both trend to constant spendable supply due to the tail reward. The difference is Jambits' mining will be unprofitable and mined by the millions of users. I will explain in a white paper why this will remove the tendency to centralize mining and why it will circulate the coin from the power-law savers to the spenders in a virtuous cycle that is necessary otherwise unions and socialism forms to do that job. |
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This is what is going to happen to you:
I believe you will learn a very important lesson soon. Remember the Chinese miners are highly leveraged fiat debt queens. Manufacturing in China is a 0 profit activity. Read Michael Pettis.
Remember the Chinese miners are highly leveraged fiat debt queens.
And they're in an emerging market with tremendous growth potential, while everyone else on the planet is also in the same enormous fiat debt, except their debt is in something not productive. When the cascading defaults occur in the global economy, it will create a black swan event. So much of the digital fiat will instantly vaporize that the system will no longer function. The people who maxed out their credit cards on something that will actually be useful on the other side of this are probably the smartest people in the room when nobody is going to be paying back those debts anyway. It doesn't work that way in practice. Armstrong has explained that rest of the world will collapse first driving the USA dollar skyhigh, because the rest of the world was borrowing in dollars and pegging their currencies to dollars, thus the rest of the world is short the dollar. A massive short covering effect is coming. And thus the international capital will follow like ducks chasing the gains in the USA dollar and USA stock market. Causing a massive bubble while the rest of the world is collapsing. When the dollar becomes too strong and the bubble reaches its apex, then the dollar will collapse and the world will end up in a monetary reset chaos 2018 - 2020. So what's your reply to this? You think the Chinese miners are going to get squeezed so hard they have to dump everything? They already dump everything lol.
The large scale miners operating on debt. They will be forced to dump more Bitcoin as interest rates rise. Mining on low interest rate loans has been great.
Your scenario doesn't make sense. There's no reason for all these nations to be beholden to the US dollar and collapse while acting as indentured servants to the US.
It doesn't make sense. But it is a fact. The value of dollars raised by foreign corporations via bonds that have to repaid in dollars is $10 trillion since 2008. The Hong Kong dollar is pegged to the US dollar. The Chinese Yuan has been more or less pegged the US dollar. This policy enabled China to force all savings in China into 0 profit manufacturing. Read Michael Pettis to understand the macro economics. What you think is irrelevant. These are the facts. |
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This is what is going to happen to you:
I believe you will learn a very important lesson soon. Remember the Chinese miners are highly leveraged fiat debt queens. Manufacturing in China is a 0 profit activity. Read Michael Pettis.
Ransomware operators might keep some BTC too, though I doubt it is much. No one other than speculators wants BTC; everyone who uses it just seems to treat it like a hot potato.
That is why I have said the only economy where Bitcoin is the unit-of-account is the crypto gambling market. That is why I am going to attempt to create a new microtransactions economy for CC with my JAMBOX wherein the users do not cash out and their unit-of-account are the Jambits or Jamcash. The distinction from GetGems will be there will be actual use cases that drive the users to do these microtransactions. Also I intend to solve all the scaling and centralization problems of Bitcoin, by employing my clever modification to Satoshi's proof-of-work by employing unprofitable mining with a perpetual tail block reward. The math is irrefutable, that Bitcoin's spendable supply will asymptotically trend to 0 due to lost coins. Monero and Jambits will both trend to constant spendable supply due to the tail reward. The difference is Jambits' mining will be unprofitable and mined by the millions of users. I will explain in a white paper why this will remove the tendency to centralize mining and why it will circulate the coin from the power-law savers to the spenders in a virtuous cycle that is necessary otherwise unions and socialism forms to do that job. |
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Uh oh. Not many programmers still coding after age 45: https://www.youtube.com/watch?v=M4Gsl8sVgdQ#t=1001But that may be because they are so rich by that time, they retire. I am bankrupt with no retirement plan, so I must continue producing.
10 year anniversary of the murder of my sister approaching. Just want to remember her in public this one time (she was slim partially due to chain smoker, not just body type although she and I are both slim): |
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Duterte will be elected President of the Philippines on May 9, and he will clean up the Philippines same as he did in Davao. It is going to get very bloody in the Philippines after June 30 inauguration.
The filipinos are fed up with crime and drugs. The Abu Sayaf will be wiped off the face of the earth by Duterte. He is pissed off about them kidnapping from Samal Island here next to Davao. I been to that precise Marina where those foreigners were kidnapped from. If ever they try to kidnap me, they will have to kill me because they aren't taking me alive. They will have to shoot me or come get me, either way someone is going to bleed to death (and if I am lucky it might not be me). I am crazy Cherokee native blooded motherfucker. I can't believe those hostages got into the boat when guns were pointed at them. Fight! Charge the motherfucks like a drug-crazed (or run away if that seems more plausible), will not quit until dead lunatic. Take bullets, it is more warrior-like than decapitation.
The kidnapping shit is all about money and politics. Someone is protecting the Abu Sayaf.
Durterte will share revenue with the localities and then the MILF will crack down on the Abu Sayaf. The entire Western and Southern side of Mindanao is really a hell hole.
However, perhaps the international elite plan to fuck up Duterte's plans. They could start funding Islamic fundamentalism in the Philippines. But I think they will not succeed. Filipinos love family and simple life.
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without looking it up (i'm lazy tonight) gonna state you are wrong about the comparison of man's co2 to volcanoes.
Read what Armstrong wrote as quoted in my prior post. It is the ash, not the CO2 that matters. The ash and particulate from volcanoes creates a 2-3 year cooling effect which can be world wide. however, this is not a permanant change. Armstrong's supercomputer and $billion of historical data has correlated that in fact it is a more permanent change or inflection juncture (perhaps not climate but societal). Science (data) trumps guesswork. It must kick off a cascade of effects. Follow-up by Armstrong with charts: https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/we-are-headed-into-a-new-ice-age-but-when/Correlate with the scientists' recent discovery of a backtested predictive computer model for the sun's emission Maunder Minimum which predicts Mini Ice Age starting again 2030ish: https://www.google.com/search?q=site%3Aarmstrongeconomics.com+maunder+minimum |
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#1 these are tittles:  #2 He is studying the factual knowledge of humans, not climate change, so his TITLE is perfectly appropriate. And these are my hometown Louisiana-born, Cajun face-tious tittles: From else where around BCT: Her pic:  |
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I have intimate daily experience with that Limp Cock Pattern, so I can vouch for its predictability. Well that is if Cialas is not a factor. |
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The purpose of mining is to create a permanent decentralized exchange, which thus results in a permissionless system.
And even better than Bitcoin will be the coin where those newly mined coins are mined by the millions and billions of users, not by few 100s of professional miners (which is where Bitcoin is rapidly centralizing to). The only way to achieve this is to make mining unprofitable. I've explained this design, yet so many people remain skeptical. I'll finish the 'plaining in a white paper after it is too late to copy the design. Absent an automatic means in the economy where money naturally moves from the power law distribution wealthy back to the masses, then Socialism erects to do the job, which is then captured by the same power law which ends up in periodic 600 year Dark Ages. It is time for something better. Even better than Bitcoin. At least we have a somewhat decentralized Bitcoin in the meantime. I have work to do.Then get your a$$ back to work!   I can write that because I'm older than you are, smile. But, really, do what you have to do...World changing accomplishment completed (links to the solution are at the other thread): Today afaics I have completely solved Philip Wadler's famous Expression Problem in the remaining area where it wasn't solved which are collections! A known unsolved problem in computer science for at least a decade and half.
Philip Wadler is the famous computer scientist professor co-creator of Haskell.
Essentially afaics my proposal is combining first-class type unions, first-class trait intersections, a global hash dynamic dispatch, and optional immutability to allow for first-class heterogeneous collections which are open in both dimensions of Wadler's Expression Problem, i.e. can add new data types and new interfaces orthogonal without restarting from before what one already has at any location in the source code. And this apparently eliminates subtyping entirely (which typeclasses didn't have any way, e.g. Haskell, Rust, and PureScript).
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Martin Armstrong is not wrong about rising interest rates. They are coming as predicted. He never gave a specific date for interest rates to rise. It was only that trend would start 2015.75, which it did. The acceleration is coming. Hold on to your underwear.
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Today afaics I have completely solved Philip Wadler's famous Expression Problem in the remaining area where it wasn't solved which are collections! A known unsolved problem in computer science for at least a decade and half.
Philip Wadler is the famous computer scientist professor co-creator of Haskell.
Essentially afaics my proposal is combining first-class type unions, first-class trait intersections, a global hash dynamic dispatch, and optional immutability to allow for first-class heterogeneous collections which are open in both dimensions of Wadler's Expression Problem, i.e. can add new data types and new interfaces orthogonal without restarting from before what one already has at any location in the source code. And this apparently eliminates subtyping entirely (which typeclasses didn't have any way, e.g. Haskell, Rust, and PureScript).
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@TPTB: I have a theory regarding ETH. We all thought wallstreets would wake up to BTC at some point and they would end up buying it from us. We all thought we were front running them. What if Wallstreet has another strategy ? they back coins such as ETH, and use their enormous positions to pump the price to agitate greed inside us so we give them our rare btcs for their unlimited eth ?
Excellent! Yeah the game theory is complex. |
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