“The greatest shortcoming of the human race is our inability to understand the exponential function.”

Idiots don't understand that smaller things grow faster but can't be seen because their nominal size is still small.

https://en.wikipedia.org/wiki/Exponential_growth#Water_lily



Significantly it will in a cataclysmic global economic collapse 2018 - 2020. This will retire the rest of the dying Industrial Age and that Minsky Moment, just like the 29th day of the Lily pond will usher in a new realization for humanity.

What remains will be a totalitarian eugenics NWO dying remnant of what was. It will have for some decade or so perhaps 50% economic coverage for a while and will die as Rome did perhaps requiring several decades to totally wither away.

BitAssHole (not you CC) will be hiding under a rock in despair and shame by then, just like all the other fools who have tried to argue against me.


Nope. There will be radical shift when the current socialism, $227 trillion global debt, $quadrillion in global derivatives collapses starting this October and reaching the climax in 2018 and then the blood letting to 2020.

The global collapse will wipe out 50% of the existing jobs. Even Oxford U. predicting in 2012 that by 2032, 47% of existing jobs would be replaced by automation. There are going to be a lot of unemployable and those that thrive will have turned to the Knowledge Age to generate work for themselves.

Cripes who can't recognize we are at a peak in finance? You'd have to be fucking deaf, dumb, and blind not to have heard the news.


Bingo.

I gain a little bit of serious following and now the low IQ idiots come out of the woodwork to make total fools of themselves at my expense.

I don't have obligation to refute all of their idiotic myopia.

BitAssHole is now added to my ignore list. Cripes.


It was yet another IQ test that you failed. That Asia could leap forward so fast after being retarded by 100 years (and being nearly entirely left out of the Industrial Age) says something about the quality of the Knowledge Age that is different. This will be more apparent when China's negative profit margin financed manufacturing sector and its financed condo bubble collapse next year and 50% of what is remaining is the self-funded, non-financed Knowledge Age components of the economy.

And that quality speaks to why it grows faster than usury. Duh. But I won't explain it more than that, because I rather enjoy seeing you fumble around in the dark when the details are pretty obvious for someone with a fair amount of reading comprehension.

As Warren Buffett says, "You won't really know who isn't wearing underwear until the tide goes out".


In fact idiot, you should do some research on percentage of the PROFITABLE economy being self-funded now versus a time when all means of production was significantly physical infrastructure (meaning the relative value of physical production has declined). If you want to argue, then dig up some relevant data. Else STFU.

https://en.wikipedia.org/wiki/Clojure#History

I live in a developing country and my neighbors (husband and wife) neither of whom are college grads both work online for Odesk.com.

NICs such as the Philippines where I am, skipped the industrial revolution (for the most part) and are moving directly from agrarian to high tech Knowledge Age. Heck when I first arrived in 1990, they wouldn't even throw away a rusted nail, because of the scarcity of industrial goods. It was all coconuts 2 decades ago. You should see it now!

I am talking to a member of this forum who is in the USA and is all over the home manufacturing revolution. He created a 3D milling machine with spare parts for $600 and is making custom metal parts for a growing clientele.

Etc, etc, etc.

You are ignorant. Stop wasting my time.

Your delusions are shared by many people who will soon be culled for it.

Compelling argument not refuted:


Fuck man, don't make post redundantly to defend against your bullshit. STFU or make a coherent refutation so I can demonstrate how stubbornly ignorant you are.

Completed the network design portion of the white paper. There are 3 separate networks in my design compared to only one (afaik) in Bitcoin.

The DoS and Sybil attack resistance is much superior in my design so we can avoid the heuristic hacks that Maxwell put in Bitcoin.

In short everything is much better than Bitcoin at every aspect of the design. Bitcoin killer on the way...

Btw, we should remember Maxwell's excellent research on the Supreme Court decisions which asserted that privacy of money is essential to civil liberty.

The government regulation of crypto-currency is on the march.

P.S. If I seem moody or curt, perhaps it is because I've only eaten 2 egg yolks 40 hours into a fast which I intend to continue for week or weeks under the theory that ketogenesis will eat the bad prions which are sending chemicals to my brain to cause the brain to stop feeding itself glucose so the prions can get more glucose. Apparently the prions can't eat ketones but the brain can even it has been programmed by the prions to self-starve glucose. I need to get 100% healthy so I can code at my full capability.

Maybe is the 38 hour fasting thus far...

No I did not. I said the low would be no later than Spring 2016. I said Sept/Oct is the start of sovereign debt crisis which sets off the fireworks.

Realbitcoin thought that too. You can join him in your blissful Dunning-Kruger overconfident ignorance. I've already explained it. If you are rational and honest, you can admit your mistake.

Probably the majority of them would have no career if not for the socialist government forcing employers to give a preference to hiring females for jobs where they are hormonally not the most qualified. Sorry to speak damned facts.

Thus I question the use of the term 'successful'. The entire society has been destroyed by the socialism.

I am not against the exception, such as Barbara Liskov in computer science. Heck the world champion female sprinters can run faster than I did at my peak. I am speaking about the reality of the distribution.

This humanism in Europe that thinks women and men should be raised with the same directions for vocations is eugenics insanity.

macsga sorry I don't think there is a non-evil improvement for democracy. Let's burn the entire concept and form a decentralized meritocracy.


Females impart their evolutionary strategy by the genes of the men they choose to mate with and the rearing they can give their offspring. Females only rarely directly drive the major technological or philosophical advances that drive society. Sorry but these are damned but true facts.

I have already explained it. And if you still can't understand, I don't know how to help you.

Humans were trapped by the fact that factory production requires large fixed capital investment. Knowledge production can be published directly. There is no large fixed capital investment. I don't know why that is so difficult for you to grasp. Humans seem to have a giant blind spot when it comes to comprehension of relative size.

Cripes how difficult it is to understand that one laborer can't make his own factory. But one knowledge worker surely can find access to a computer connected to the internet and eat home grown vegetables and live at his parent's house for free, thus creating and publishing his work autonomously (or with a small obtainable loan not nearly comparable to the capital required to construct a factory which is out of reach of the laborer).

I guess I just assume that people are smart enough to realize something as simple as that without being spoon fed.

Please don't insult my intelligence with such fraudulent assumptions.

Who will cast their pearls at swine.

Mircea Popescu is an overconfident idiot. This applies to solutions to the coming totalitarianism. Follow him at your peril.

He makes so many errors in logic. Yet people think he is super smart.

Here are a couple of examples (I stopped read after these because he is wasting my time with his diatribes).


False. Viral marketing is part of the ecosystem.


Again he is ignorant of reality and marketing. He can circle jerk with his other wanna-be-megalomaniac fanboiz but it won't change the outcome. Those who will change the outcome will do so by giving people what they want, while simultaneously meeting his desire for decentralized discipline. He formulates the problem set in too narrow terms due to his myopia. He could start by reading me to further his education rather than enclosing himself in his circle jerk echo chamber.

Because 1 zillion immature markets will bloom due to the fact that accumulated monetary capital can no longer enslave innovation (the real capital).

Maybe it is less divisive for the community thus tolerated? Maybe they don't run it like the Nazis and try to ridicule you if you aren't already an indoctrinated groupthink member of the thread?

That essay and my recent post quoting past posts about Theory of the Firm I think already explain why, but as CoinCube wrote in the opening post of this thread, it takes about 2 weeks of deep contemplation to extract out my conceptualization because it is so foreign to the way we already conceptualize (because we did not evolve and grow up in a Knowledge Age).

If you think about the level of angel investment I really need, it is quite small and had I not so messed up my health and life over the past 2 decades, I would have more than sufficient savings to self-fund my expenses so I can code. If my gold dealer hadn't basically stolen from me, I would have enough savings to self-fund. But self-funding would be irrelevant, because I don't want to own the entire money supply of an altcoin! That would destroy it.

The more salient point is that if finance decided it wanted to build a Bitcoin killer altcoin, it could not do so. Knowledge creation can not be willed into existence by throwing a $million at it. It happens because an individual spontaneously has an epiphany. No one can predict who that individual will be. Qualifications won't determine that. Heck I don't even have a math degree nor any past experience in cryptography. By all estimates, someone like Gregory Maxwell should have created what I did. But even with Blockstream's $24 million in funding, they did not. Besides Blockstream's innovations were already conceptually invented (by Adam Back in the forum) before they got the funding. The funding was again a lagging artifact (appendage) of the reality that Westerners think they need to turn everything into a corporation (which to a large extent mucks up the process of knowledge creation). Hope you invested in Ethereum.  

Actually I think what drives knowledge creation even more than money, is in fact market demand. That is what drove me to try to solve this problem. So again network effects is the most significant factor in knowledge creation.

Tell others so that all the capital in our ecosystem won't end up concentrated in the fewer hands who know how to play the greater fool reality of investing.

One does not get rich only by speculating. There is another way which I prefer which is actual production. Any way, why would any person want to have more wealth than they can use. Makes no sense, unless they are a sociopath.

Revolting totalitarian humanism in Europe.