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BTC not any currency but surprisingly it's real money anyway. It is actually virtual asset in crypto & reason of this it is essential in the modern digital world. Its also decentralisation and for everyone helps protect wealth in times of rebuild government policies.
What if government shuts down all bitcoin-fiat gateways ? Can you really use that wealth ? I like Monero, its more decentralized and private. But number of paths to convert it to fiat is so limited that it becomes concern. Governments don't like Monero, so Coinbase and others don't even list Monero. You can easily store value in Bitcoin only because governments allow Bitcoin and big investors are keeping it liquid.
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Never. Bitcoin cannot replace Gold. We have to admit it. It may compete with Gold as a store of value and perhaps even become the preferred option for a short time but it will never replace Gold. Gold will always be gold. The preciousness of Gold is as old as civilization itself. And Bitcoin is not the one to make it worthless.
Bitcoin as a store of value can and will replace gold, not in the near future but 40 to 50 years from now we will definitely see bitcoin as a store of value that will replace gold. Bitcoin is a better investment if we compare it to gold, it is the new digital money that everyone should hold. Bitcoins is having a limited supply just like gold and is also easy to keep, you can even keep any amount of bitcoins in your pendrive too. The best part is, it gives more profit than investing in gold if you are an investment minded person. Bitcoins is having a limited supply ... wait till Satoshi stash is on a sell wall. On the other hand, big gold owners may have disposable stash too. If the world enters dark ages due to Corona, peopel will need food and medicines more than gold, nobody would buy gold anymore, gold price will collapse. You never know by how much gold or bitcoin is overpriced.
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So if Bitcoin is a pyramid scheme, Dollar is also a pyramid.
What makes you so sure that Dollar is not pyramid ? Dollar value has been propped up by USA military might. Bitcoin is just sitting on top of bigger pyramid - western civilization, which is collapsing under Corona virus.
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for private XMR contributions and messaging: 47sVve4cF2j89B9hCFHuvdPN6c6hu71N3PgSaLu6sgx6WkVryoxcTVn21sEsUhSLpuJ9GHUhNUxG2Pc VTpz9K4UxJNfg55j
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I need this service, but my funds are limited. Is it possible to pay you later after successful ICO ?
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Invest your labor into my project, which is simple to implement, something that works will attract investors then you will get paid very well. I can pay something even now, but my funds are very limited. But you will get great experience to land somewhere nice (if you will ever need to work after that project is finished and launched).
Do you know how to query and post tx on ETH network ?
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Root of his own creation. Judge who is never corrupt. Judge who has absolute trust from everybody. Judge with absolute objectivity. Judge of all judges.
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Answers to possible critique:
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Claim Resolver. Top early stage contributors will become supreme justices.
The world is missing and needs:
v) verdicts from reputable judges backed by strictly moderated efficient debates. Most people don't have time do own research, dig information and decide, so they make rush decisions based on dirty information or impression on surface and inevitably make mistakes in: e) elections - without specific concise answers of opponent questions i) investing - without contested strictly moderated in-depth debates between promoters and critics g) legal - without anyone taking responsibility for advise hiding behind "do your own research" j) justice - when all courts and lawyers so expensive that they are avoided rather than used t) timing - late because research takes too much time h) hiring - without verified former employer or co-worker complaints p) purchasing - without easy access to verified complaints d) dating - without height, weight, health verification and certification s) scams both online and offline - without verified log of experience from other people
d) debate that is: c) cheap and efficient - without cost prohibitive lengthy court process and expensive lawyers s) without spam - per-word cost bar divided by reputation metric u/f m) moderated for efficiency - keeps thread logical, eliminates repetition and discussion loops a) anonymous - judge communicates with parties using limited set of possible messages that helps to protect judge identity against accidental disclosure p) private - some words or documents like scanned health certificates are to be available only to a claim judge or approved participants o) open public - no more popular vote power madness where uneducated misinformed crowd forces irrational immoral choices upon others
u) users with valuable permanent reputation that is: a) anonymous - works without revealing government or communication identity and therefore cannot be physically reached, pressured or indicted by government b) boostable by posting bond, which reduces risk of sudden sale of good reputation account e) boostable by linking to government ids, phones or other external identities and reputations p) person, product, group, company or brand calculated from number of words involved in: c) claims w) winning claims - claims that got favorable verdict l) lost claims - with unfavorable verdict f) flips - changed positions, abandoned or deleted claim, message, word or other debate item g) guilts - agreed to claims against themself
j) judges q) qualified - competent in their areas of expertise, visible from reputation statistics per area tag b) bar - each judge determines own per-word, per media type and per verdict price bar for handling claims when submitting a claim customers pick which judge will handle it depending on judge reputation, qualification in subject area and price r) respected - with impeccable reputation that they cherish and grow, which is derived from number of: v) verdicts - all verdicts counted by the judge w) wins against other judges l) losses to other judges derived from supervisors overrules f) flips - changed own verdict, excluding automated changes through verdict dependencies c) contradictions of verdicts with other judges that are not yet resolved
c) claims a) anyone who has own ENS name can create, anyone without ENS name can only read b) without artificial barriers of size, origin, content or laundry list of necessary multiword and symonym hashtags t) assign tags from own custom context g) sensorship resistant - stored on blockchain n) easy to find through drill down of tags sorted by popularity and grouped by relevance j) easy to separate from junk using submitter or judge reputation score filter d) dependencies - claims can have logical dependency on other claims, so change of verdict on one claim can affect multiple dependent claims. Dependency of a verdict upon another claim is established by a judge as part of claim resolution or approved as independent claim submitted by anyone.
t) tags that are: v) approved by a judge u) unique - no wild redundancies of plurals, singulars, misspells, synonyms, antonyms, generalizations a) atomic - no multiple words inside m) mapped - all viable redundancies, relationships and hierarchy are controlled by judge verdicts for example hierarchy of locality tags or generalizations r) relevant - grouped in relevance lines within which they are sorted by specificity p) popular - popularity of a tag is sum of all message sizes involing that tag i) implied - search or entry of any specific tag implies inclusion of all generic tags within tag relevance line
m) currency with superior price stability because it is linked to cost of human labor of reading, understanding, moderating and judging d) demand - price is backed by demand from plantiffs who buy tokens to pay for judge services s) supply - price is capped by supply from judges who sell tokens to get fiat for living expenses u) utility - people need judges to resolve problems more than they need gold and silver w) wide usability - there are more people who can become judges than people who own or can produce gold and silver m) media - it should eventually become trusted decentralized media for political debates, opinions, law suits f) funding - crowd funding will never work efficiently with centralized media controlled by ads without in-depth debates
w) labor market which gives ability to work remotely from anywhere, which: 1) saves the environment from wasteful energy burning commute 2) serves as unemployment insurance providing basic income to those who cannot find higher income without relying on welfare or warfare
Proposed Claim Resolver fills all these gaps.
Judges communicate with limited set of actions: agree, disagree, rephrase, expand(details), illustrate, remove duplicate, irrelevant. Any action may point at a list of fragments from many messages.
All metrics are based on message size, which is determined by number of used words, excluding articles and 2 letter words.
Messages in claim debates may have additional tags, which contribute to tags popularity.
Supervisors hierarchy: All judges are part of supervisors and subordinates hierarchy. Supervisors hire, teach and manage subordinate judges and also resolve decision conflicts if subordinates cannot resolve themselves. Supervisor may add or remove subordinates at own discretion. Upon removal, all claims that were handled by removed subordinate become responsibility of supervisor and who may selectively reassign to other subordinates.
Duplicates and contradictions: Someone may always submit a claim that already exists and get a different verdict from a different judge. Such verdict contradictions will eventually be discovered by someone and then, upon discovery, resolved by moving up through tree of supervisors up until common supervisor who has two subordinates with contradicting verdicts. However such contradiction may be resolved earlier, without reaching the common root, if lower level supervisor decides to overrule subordinate verdict without moving case up to his supervisor.
Continuity: Any verdict does not prevent further communication if one side believes they can convince the judge to change the verdict. Debate over verdict never ends, it can always be questioned or overruled. It is never final. Both sides may keep presenting additional evidence.
Income: Supervisors make income by taking % of income from their subordinates which they negotiate before hiring. Supervisor will record job offer by entering public transaction with subordinate ENS name and % of income. Subordinate accepts the offer by agreeing to that % of income sharing through public transaction. Any judge, subordinate or supervisor, can generate income by handling claims through debates and verdicts. For every word in every message, including claim text itself, claim judge receives amount of tokens defined in j/c cost bar for words, scanned images, sound and verdict separately.
Early stage contributors: Top 28 contributors will become supreme justices under God's supervision and will share 1% of their income with God(myself). Contributions are non-refundable. Contribution value is measured in number of ETH or BTC transfered to one of published below ETH and BTC addresses. Top 14 ETH contributors compete only with other ETH contributors. Top 14 BTC contributors compete only with other BTC contributors. Competition of top contributors ends on system launch. In order to start using the system, ETH contributors need to have own ENS names. BTC contributors will have to provide ETH address with own ENS names. There is no deadline for creating own ETH account with ENS name. Such accounts will be authorized via tx from contributor account that contains ENS name to give power to. Contributor cannot reassign power to another ENS name after initial assignment.
Unlike regular subordinates, supreme justices may never be removed from their positions. The only penalty for their possible bad work is lower labor costs due to customers dissatisfaction or loss of reputation score from God's overrules. God can hire up to 3 additional removable supreme justices with negotiable profit % sharing that is not lower than 1%.
Five ETH addresses to contribute, pick any one you like, it does not matter which: 0x0E7DF3c24ADCd456bc2829Db1134991D05C3Cd3B 0x5D34B1f476B0312cdE7c4ec6632d7a0D1c035A04 0xd9227Ae3583CBacE66ABC57C9b9E26ae0C138b2e 0xe7b703c1B44a1A32Ed926e39E61FCDC5250C1e35 0xEF36Be2fF03aBA49F058313C1A9650617109DcbA
Five BTC addresses to contribute, pick any one you like, it does not matter which: 1BWqwhGjfwiLrGoc1RcVuD2b1C6qiqZTC8 1GdjonQarpa8BpDhYVXL6a8H9GRahi9EDC 14hgtDZe6LAoDGzCHi3yRwaAqYUDXagPv7 1MoDk2sCxpwuza6Uk1gmy366ff4SwpHoEg 1KtDDsvri9kz4Rc4gvWQFq6bdLFjB5qrBo
Implementaion: It will be implemented on Ethereum blockchain utilizing ENS names for user names and Ethereum transactions for all control and communication messages. Ownership of ENS name gives permission to act on the system, so ENS transfer to another account allows to use different key to access the system by the same person.
Public benefits of the proposed solution: - saves billions of wealth that is lost in online searching - saves people from psychological disorders derived from spending too much of their life sitting in online social systems - pushes all other wasteful, sensored or irresponsible media out of business - replaces all online forum specialists who like to say "consult professional" or "do your own research" - a place where someone who gives answers takes responsibility for them by betting own reputation and risking to be overruled - fix world imperfections quickly - any verdict will have good supporting documentation ready for submission to BBB or lawsuit - efficient public debate can open up previously forbidden relationships, solve political problems, strengthen democracy around the world, reduce influence of fake news, ads, spam and hacking
Answers to possible critique: q) selling an account - nothing prevents a justice or a judge from giving account access keys to somebody else without publicly selling or transfering ENS name. a) reputation damage metrics j/l from making bad verdicts will eventually kill profits of malicious buyer
q) selling bad verdict a) long term reputation damage j/l caused by other judges opposing verdict will outweigh profits of a corrupt judge
Stage: I am looking for partners who can advise me how to organize ICO, marketing and find developers for the project. Developers will further advise regarding best technical ways of implementation, hosting and start implementation as soon as early stage funds become available.
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