Consider whether implications are subjective, and exist within the reader rather than the writer?
I can not help if you make words mean more than they mean.

Neither/nor. (I.e., of the interpretation and interpreter, the interpreter “is.”)

isnt certifying by the [Despot] a centralized process?

Why not use GFC? or better yet DevCoin?

One's efforts would prove fruitless within the network referenced above.

So the plutocrats WANT governmental default and deflation? Interesting. Never thought of that as a wealth grab. But I suppose it would work. They just need to get rid of any debt they have and loan as much money as possible to people (with the people's houses, land, and future earnings as collateral.) Holy shit. I'm going to pay all my debts ASAP and stack cash. That sound pretty scary. But I still think a default would end up weakening the currency.

Yes, I get it. The banksters are in control. But if the US government defaults on its debts because of hyperdeflation and it doesn't print, it will no longer be of any use to the banksters.

You did not "guess[] correctly" (NewLiberty), for the post implies that money is an instrument (within the hypothetical, a "[value] pump") of plutocratic government, not "market exchange" (NewLiberty).

Synchronous, international default should void both any and every economic liability (i.e., both any and every “sovereign debt”) that does not serve the plutocrats.

TN;DC: A plutocrat seeks (at least, circa the present) to confiscate nongovernmental capital through “sovereign default.”

But the government itself has tons of debt. Martin Armstrong predicts that by 2020 the government will be using most of tax revenue to pay interest. So although massive deflation makes people slaves to mortgages and student loans, it will also make the US government a slave to its creditors. Wouldn't the government want a middleground between hyperinflation and hyperdeflation?

Even Aristotle (384‒322 BCE) would not understand: “the capital or money is money because it is beloved of the one basis point” (qtd. in username18333).

Writcoin[™] corrects the dates of its genesis blocks to the start of its current Gregorian calendar month…

Writcoin[™] . . . defines a blockbase™ transaction as being any coinbase transaction with only one, unspendable output.

In general, all forms of debt exhibit exponential growth, and unless there is evidence that financial systems are exceptions to universal laws, the longer the interval, the greater the expectation of a collapse.

In a world where the things we need and use go bad, sharing comes naturally. The hoarder ends up sitting alone atop a pile of stale bread, rusty tools, and spoiled fruit, and no one wants to help him, for he has helped no one. Money today, however, is not like bread, fruit, or indeed any natural object. It is the lone exception to nature’s law of return, the law of life, death, and rebirth, which says that all things ultimately return to their source. Money does not decay over time, but in its abstraction from physicality, it remains changeless or even grows with time, exponentially, thanks to the power of interest.

You could have simply said that I had guessed correctly.

One potential solution I see to this problem is to make mining an unprofitable asset burning operation. But if this is accomplished by burning coins, eventually end up with 0 money supply.

GEC could be "spent" ex nihilo (and, thus, ex necessitate rei), so "the next [five] years or more" (xhoneyael) could be irrelevant as long as its "buying power" were non-null.

Even Aristotle (384‒322 BCE) would not understand: “the capital or money is money because it is beloved of the one basis point” (qtd. in username18333).

Reason obeys itself; and Ignorance submits to whatever is dictated to it.

forget humanity (squeamishness) and imagine what an alien race observing earth for the first time would advise us to do.

Tsai Yu being asleep during the daytime, the Master said, "Rotten wood cannot be carved; a wall of dirty earth will not receive the trowel. This Yu,-what is the use of my reproving him?"

The Master said, "At first, my way with men was to hear their words, and give them credit for their conduct. Now my way is to hear their words, and look at their conduct. It is from Yu that I have learned to make this change."

You should [not] have kids. Not because it’s fun, or rewarding, or in your evolutionary self-interest.

You should [not] have kids because it’s your [ethical] duty to [not] do so.

My argument is simple. Most people live lives that are, on net, happy. For them to never exist, then, would be to deny them that happiness. And because I think we have a moral duty to m[in]imize the amount of happiness in the world, that means that we all have an obligation to make the world as [un]populated as can be.

[...]

To put things into prespective a punchcard holds 80 bytes, and an 8in floppy holds 80 Kilobytes. Now today does it make any significant diffrence in the cost of sending an email that has an 80 byte or 80 kilobyte message? 50 years ago sending an 80 byte message over the telegraph network would cost around 10 USD (in todays dollars), while the other hand sending an 80 kilobyte telegram would have cost around 10,000 USD in todays dollars.

2.   a course of action that can be undertaken quickly and easily as part of a wider range of changes or solutions to a problem: first pick the low-hanging fruit

Researchers at Stanford University have taken another major step toward using quantum entanglement for communication, streamlining the process by which two particles can be forced into an entangled state. Once entangled, each should react to changes in the other’s quantum spin — if one switches from up-spin to down-spin, the other should hypothetically do the same, instantly and regardless of the distance between them. The study demonstrates a technique in which each particle is induced to emit a photon entangled to its parent. By funneling these photons down a fiber optic cable so that they collide somewhere in the middle, the system can force the two parents (still held at their respective sources) to become entangled to one other. While the pipe dream of a latency-free internet is enticing enough, a much more immediate application could be the next generation of data encryption.

[...]

Pre-fork coins will exist in both chains. So either in one chain predominates or both chains carry on forever you should be ok.

My question is, WHY would anyone do this?

[...]


(Colorization mine.)

You seem very intelligent; I would love to read more about your initiative.

(Einstein on quantum mechanics: "God does not play dice.")