I am having a bad day. I can barely see. I took a 3 km run at 1pm in the tropical sun to the beach.

But my eyes are really shot.

Hope this will improve asap.

On the positive news, the female PhD has come back to me. 

Don't you wish you had sold that pizza for 10,000 bitcoins.

Greatness always requires some risk.

The greatest have confidence, because they put in the hard work and they know the substance they have created, e.g. Michael Jordan practiced longer and harder than every one else. Ditto Kobe.

Tell that to the man who is sticking the big RED, WHITE, and BLUE expropriation dick up your ass in 2017 forward.

Smart money likes to silently get around the big dick.

The riots and pitch forks are for the masses who are enticed into for example supporting Napoleon as their savior who then enslaves them anew.

This is not a fascination. It will be a movement that will totally change the internet, the economy, and the world.

The world will not tolerate shutting down the internet, because it is driving all the profit now as we move towards a zero margin economy for mass produced manufacturing.

We can hide our data in encryption and anonymous mixes. When the government is destroying the economy, the people have no choice but to move to what still functions.

Don't forget, even the people in the government want to hide their ill gotten wealth also, so they will silently support an anonymous internet while publicly attacking it.

Tell that to the man who is sticking the big RED, WHITE, and BLUE expropriation dick up your ass in 2017 forward.

Smart money likes to silently get around the big dick.

The riots and pitch forks are for the masses who are enticed into for example supporting Napoleon as their savior who then enslaves them anew.

This is not a fascination. It will be a movement that will totally change the internet, the economy, and the world.

The world will not tolerate shutting down the internet, because it is driving all the profit now as we move towards a zero margin economy for mass produced manufacturing.

We can hide our data in encryption and anonymous mixes. When the government is destroying the economy, the people have no choice but to move to what still functions.

Don't forget, even the people in the government want to hide their ill gotten wealth also, so they will silently support an anonymous internet while publicly attacking it.

Tell that to the man who is sticking the big RED, WHITE, and BLUE expropriation dick up your ass in 2017 forward.

Smart money likes to silently get around the big dick.

The riots and pitch forks are for the masses who are enticed into for example supporting Napoleon as their savior who then enslaves them anew.

This is not a fascination. It will be a movement that will totally change the internet, the economy, and the world.

The world will not tolerate shutting down the internet, because it is driving all the profit now as we move towards a zero margin economy for mass produced manufacturing.

We can hide our data in encryption and anonymous mixes. When the government is destroying the economy, the people have no choice but to move to what still functions.

Don't forget, even the people in the government want to hide their ill gotten wealth also, so they will silently support an anonymous internet while publicly attacking it.

Gold goes into hiding only if the private sector has enough power to avoid the government and continue commerce else where. Otherwise if there are no frontiers then the tyrants take every thing down into a Dark Age. This is the difference between small, revolutionary government tyrants (e.g. Wiemar Socialist Germany, Zimbabwe, Argentina, etc) and collapse due to global tyrant (e.g. West Rome). In the latter case, there is no government default until the society doesn't exist. The population of Rome fell from 1.3 million to 30,000 in a just a few decades. No hyperinflation, just deflation. There was a hyperinflation but that was couple of hundred years before that and Rome survived it. It was the final deflation into the Dark Age of the middle ages that finally destroyed Western Rome.

And now we are in a much worse situation than West Rome, because the Eastern Byzantine Empire that will take over from the (demographically and debt-wise) bankrupted West 2032 forward is China+Russia which are highly totalitarian States.

There is no escape geographically. They have the major economies of the world all sucked into this deflation, with Asia+BRICs to be the growth areas after 2020, but in a new form of totalitarianism where you can't sell your gold and enter these new growth areas without paying your FATCA expropriation fees, penalties, and taxes.

This is why I am trying my best to create an easy-to-use, vastly superior anonymous internet and currency platform so we will have a frontier to go into hiding with our capital where we can invest and do commerce freely. That indeed could bankrupt the new world order.

The only way to win is to bankrupt the totalitarianism. The anonymous Knowledge Age economy will be orders-of-magnitude more productive. We can make the new world order look like it is riding a turtle while we are riding a timewarp spaceship.

The ground work is being laid now, and this is not easy. It is grueling hard work, especially on my eyes. And I expect to be rewarded commensurately. I expect those who participate early will also be rewarded.

Some people don't comprehend that economics determines whether nuclear war can be effective.

If the developer is astute, he will make sure substance is demonstrated BEFORE the IPO/ICO. And he will make sure the communication and explanations of the technology are clearly explained so that an n00b can appreciate the substance. That means no IPO/ICO without a launch of the actual working code and network.

With sufficiently detailed explanation in laymen's terms that isn't just clever, unspecific bullshit, the word should quickly get around and the market will react accordingly.

For example, most of the anonymous coins talk about some "magic" and go into some unspecific bullshit to make you think this magic is the best thing since sliced bread. But they don't really tell you how it works (with some mathematical provable justification) such that a layman could appreciate if it is serious technological advance. And they don't contrast it in detail against all the other anonymous coin offerings in language comprehensible to a n00bs. Thus you the n00b how no clue as to what is real and better.

Cryptonote is a very important technological improvement that is superior to all the off chain anonymity methods for very specific reasons, but no where prominently on Monero's website will you find that simple explanation for n00bs. These people don't have a clue as to how to do marketing.

Then for some other anonymous coins, you see very slick marketing that is entirely void of specific details on the technology. Your bullshit meter should be flashing red.

Ethereum is another coin where the bullshit meter should be flashing caution yellow, because although it has very talented developers, they have serious fundamental issues that they never really solved and just put bandaids on to get the thing launched. Even in recent months they were still trying to decide on what proof-of-work hash to use. If it does well at launch, expect it to peak and then a selloff at some point as it sinks in that it doesn't really have a market use case which can justify the huge market cap it inherited from the vaporware IPO. I could be wrong, but it looks like complexity without a clear market to me.

Agreed. I am thinking that a serious anonymous altcoin with a $1 million market cap is going to see much higher rates of appreciation than Bitcoin with a $billion marketcap.

Some people are going to want both the private asset and for it to truly be private. The majority may go for Bitcoin first, but with 1% of the people choosing the more private asset, then with 0.1% ratio of market caps, then the smaller cap should have 10X greater appreciation.

It is simple mathematics.

Do a kickstarter to get someone to make a better open-source OLAP database. Then help market it. You'll be doing Knowledge Age work. When you see a problem, solve it. That is the Knowledge Age.

I believe Monero has a GUI now, but I am not sure.

I agree point & click. You'll be happy if ever I finish my work. I was 18 hours on the anonymity white paper today. Over 48 references cited already. My blinded eye is so blood shot that I can't barely keep it open. Headed to sleep. Zzzzzzz.

Don't invest in plans and vaporware. Invest in finished projects with polished white papers and explanations that n00bs can understand. And a client that n00bs can operate with one click of the mouse.

I think they are roughly correlated in terms of general direction, so if you correlate them with smoothing filter, you get very high correlation.

But they are noisy in short-term and fall out of correlation.

Also BTC is apparently much more volatile than gold.

You are trying to focus in on much shorter-term moves in price action.

We may go up or down short-term, but over next months we are going much lower.

No. Only deflation is possible. Gold does not go up due to monetary inflation. It goes up as a hedge against government expropriation.


That is very much true amongst many of the Chinese. Not with the filipinos.

However same can be said of some Mexicans.

Yes it is an example of the Knowledge Age, but it is not that unique. If you want a zillion examples go visit kickstarter.com

If you created for your bearing business a new automobile marketing plan, scheme, or any intellectual added value, that is Knowledge Age work.

And the reason more people aren't doing it is because you shouldn't be doing mixing that way and he is setting himself up for massive criminal liability. And how many times have I told you that server-based mixers are probably controlled by the NSA.

Decentralized mixing. Why are you not using Monero  ??

OROBTC if you are lazy with technology as rpietila is, you both will suffer.

No hyperinflation is coming. It will be all crushing deflation where you can't generate any commerce and everything collapses into totalitarianism. The governments are not weak, thus they don't need to hyperinflate away the debts. Instead they will press austerity and expropriate down to the bone marrow.

And yes if you don't grow you own or enter the anonymous Knowledge Age commerce, you may be lacking food and dependent on slop-kitchens at the FEMA camps.

Ah cool! You have sons. Fun.

That is only true if it attempts to enumerates a complete set. A TOE which describes a relationship without enumerating computable sets is plausible. Thus it might not be falsifiable.

We are making reader's heads hurt.

MA has stated that was likely all the bounce we are going to get. Prepare to re-engage shorts:

http://www.armstrongeconomics.com/archives/35771

MA has stated that was likely all the bounce we are going to get. Prepare to re-engage shorts:

http://www.armstrongeconomics.com/archives/35771