Please take your meds again. You're getting worse by the minute.

I think I qualify for Destitute Node at the moment.

When I can find work for bitcoins I expect to level up well into the Freeman classes quickly though.

When I have 0.1 bitcoin I will be Freeman 3rd class already, is that correct? That's quite a jump.

People could easily become Freemen if there were more services or jobs in the bitcoin economy.

Castles in the sky man. But hey, it's fun right?

3. REACTIVATION OF RPIETILA SUPERNODE

Rpietila supernode may be reactivated as follows: Rpietila summons a general supernode meeting. The invitation must provably be sent to the following people 168 hours prior to the scheduled opening time of the meeting (number of votes in parentheses): Paul (9), Erki (, Frank (7), Jaakko (7), Iiro (7), Vesa (7), Lauri (6), Mikko (5), Roni (5), Heikki (4), Jochen (3), Taimar (3). After the minimum of 72 hours of uninterrupted deliberation (no other people except rpietila's staff with his permission may enter the area designated as secure), the participants present may vote for the reactivation of the supernode. Rpietila has no vote, but can veto the affirmative decision of the others (and they may set up a supernode themselves). Rpietila may deny partial attendance to the summit, it is all or nothing. The participants receive no compensation whatsoever, except room and board. Minimum 3 people except rpietila must be present to activate the supernode.

If 30 days elapses from the moment that rpietila has last made personal physical contact to minimum 3 of the above people simultaneously, earlier orders are in force. It does not matter what rpietila's condition is, as long as the others may enter and exit at will.

Apr 22:
First Class Bitcoin Supernode

- Sovereign ability to run, manage and develop the Bitcoin network in absence of any other entities.
- 24/7 monitoring, technical, and trading ability, connections with most relevant Bitcoin power centers, accounts in all relevant exchanges
- Global operation, capacity to set up activities in most jurisdictions with minimum lead times, access to all specialists (bankers, lawyers, tech) globally
- Able to generate its own funding indefinitely regardless of bitcoin exchange value, or backed by an entity wealthy enough to support the operations indefinitely in absence of cash flow from operations
- Minimum full-time staff in command&control structure: 5-10

Second Class Bitcoin Supernode

- Able to run, although probably not effectively develop, the Bitcoin network in absence of other entities. The end user of Bitcoin will notice if the service level falls to the second class. This will lead to delays and blackouts of important services.
- Real-time alerts in place to activate the relevant parts of the organization if something worth their effort happens in Bitcoinworld. Position management in multiple trading platforms, good connections to several other supernodes.
- Can project force to other jurisdictions, albeit with considerable effort and lead time
- Can function independently of external funding as long as Bitcoin's price does not totally collapse, (or has enough external funding to not care)
- Minimum number of dedicated permanent staff: 2-3

Third Class Bitcoin Supernode

- May or may not run a Bitcoin node, cannot likely summon the resources to fix the protocol if need be, may be entirely non-tech
- Actively follows what happens in Bitcoinworld. Reasonably well connected to at least some other supernodes.
- Mainly a local operation.
- Owns enough bitcoins, income-generating bitcoin or other businesses, or other assets, to continue operations at the desired level infinitely (note - the marginal cost of operation on this level is essentially zero)
- Minimum number of people: 1 part-time
- In order to be classified as a supernode, there either needs to be a good number of bitcoins in possession, mining capacity, bitcoin tradership, dealership or other business or publishing organisation.

Capability of a Supernode

The capability of a Bitcoin supernode can be expressed in a pseudologarithmic scale from 0.0 to 5.0., where
- 1.0 is an essentially perfect small operation
- 3.0 is the threshold of being classified as a supernode
- 5.0 is an interested newbie smart enough to understand the basics.

I have been trying to explain the transition of Bitcoin from the alpha/beta stage to the mainstream. I developed the supernode framework to give the reader some understanding of the magnitude of the change that we are undergoing. As I see it, any of the public power centers of Bitcoinworld, do not currently even qualify to the first class. This can be readily observed by the number of scams and hacks, and inadequate organizational and financial resources of most of the actors.

There are currently hundreds of organizations in the world, capable of developing a 1.0 supernode in 3-6 months, if they decide to enter in. None of the current (public) players possesses such an ability now, and even though many may be interested, their rate of capability increase (the time in days, to move one decimal in the supernode capability scale) is behind that of the potential new entrants.

2013 will be an interesting year, for the mainstream adoption and price appreciation of course, but also for some serious behind-the-scenes action. I realize that most people have a difficulty of understanding that bitcoin's price does not have a stable value between $0 and $300k (in fact I only myself realized it a week ago!), and because of this new understanding how the bitcoin power network functions, the probability of it going to zero is rather slim indeed.

We don'T know if forces want it going up, down, or sideways. This is a small market, easily manipulated and when you think it is involved, or is, monetary reform... oh boy...

Up, Up, Up ?

Businesses want to make money. You said you are a capitalist, right. Well, if you could drop visa, mastercard, etc. and increase some of your sales profits by 2%-4%, why would you "snub" that?

There is some small ideas and big ideas to enforce BTC, though. We already gave Bitcointip in Haikko, and I am likely extending it to Punavuori (an area in the center part of Helsinki where about 5000-10000 people live). We will dole out free millibitcoins as bills, and inform all the restaurants there that if they serve their clients well, they will receive tips (because tips are already there in the hands of their clientele - we have give them out for free to all the inhabitants Then the restaurants can cash them in for euros, or redeem them for actual bitcoins. Or keep them in circulation as bitcoin-denominated change.

My IQ is 2.9-sigma, so it is very high (Mensa level is 2.0), but in itself it is meaningless because there are 100-thousands of as intelligent people around.

I think similar things were said in the early days of the internet. We are 4 years into the worlds largest social experiment and you know the answer?

Businesses want to make money. You said you are a capitalist, right. Well, if you could drop visa, mastercard, etc. and increase some of your sales profits by 2%-4%, why would you "snub" that?

From a purely economical point of view (no worries about government intervention), Bitcoin is GREAT for business. Adoption is another matter...

BTC = Black Swan. The theory was developed by Nassim Nicholas Taleb to explain: 1. The disproportionate role of high-profile, hard-to-predict, and rare events that are beyond the realm of normal expectations in history, science, finance, and technology 2. The non-computability of the probability of the consequential rare events using scientific methods (owing to the very nature of small probabilities) 3. The psychological biases that make people individually and collectively blind to uncertainty and unaware of the massive role of the rare event in historical affairs.