Okay let me turn the tables on you all then. I've hadn't had time to read this thread, so all I saw on the prior page was some mention of advertising.

Any other ideas of how to scale a crypto-currency to beyond 10 million users within 3 years or less from launch?


From the little I've been of his discombobulated writing style, I don't think he could market his way out of a wet brown paper bag.

That he is getting any air play seems to indicate how weak the current altcoin scene is.

Or perhaps I am just not digging in deep enough to his work, as I am too busy. I haven't looked at his code. The couple of times when I've studied his designs concept (the multiple servers decentralized exchange and the Startrek teleport aignonymity), they seem lacking.

Ditto Monero, I am not privy to their upcoming plans and detailed progress.

P.S. I've had 4 consecutive days of good health, since I've started eating Grapenuts with mixed nuts and blueberries with fresh milk. The illness I have causes dizziness which makes it very difficult to concentrate.

http://www.nestmann.com/relinquish-or-renounce

---

So 6 - 12 months to go before seeing significantly higher prices, while downside remains. Thus risk vs. reward says to move some to cash now if you may need to cash out before 12 months.


Similar pattern existing in 2012. Price didn't move up.


I could be entirely wrong, but I see a lot of downside risk as the BTC chart looks like silver's peak in 2011. I don't see any possible earth shattering great news on the near-term horizon for BTC. So the upside is very limited near-term yet the downside risk is palatable. Ecuador, New York, China, and many other jurisdictions are in the process of making Bitcoin essentially illegal. Bitcoin mining, development, and foundation is entirely centralized. I warned about this several months ago at $600 when I warned it would bottom at $350 (and then it did) and be stuck in a much slower log-logistic adoption rate, not the much faster logistic.

Correction: A microbiologist pointed out to me that if ebola mutated, the odds it wouldn't be the same virus, i.e. not as virulent because mutation is a randomized process so all variables of the pathogens genetic structure are at play. So if ebola remained virulent and became airborne, it could be reasonably assumed it was weaponized and engineered intentionally.

The coming global economic implosion could make the population weakened due to lack of nutrition which may facilitate spread of disease. Yet that still doesn't explain a potential pandemic. I am still searching for a plausible scenario.

Note that in my prior linked post about Gold, the rush to anonymity and avoid socialism-gone-mad taxation won't really kick into high gear until after 2015.75 at least.

Thus most of the network effects between now and then need to come from some other feature(s).


I believe you have only chosen wisely if you are prepared to sell Monero at the right time and buy something better. Apparently which is what you did with Bitcoin, selling some to buy Monero. And remember I told you that Bitcoin price would not reach those wild projections you were making for 2014 and that the Bitcoin adoption curve is log-logistic not logistic.

Bitcoin is failing (to scale to ubiquity) because it is not decentralized. Heck languishing below 10 million users, it is not even Yahoo Geocities, much less friendster, myspace or Facebook.

Sorry but imo Monero is a joke pretending to be serious. (apologies not a nice thing to say but I don't mean it personally rather I just don't see it scaling to even 1 million users before 2016). And I am not criticizing the seriousness and capabilities of its development team, rather even the most expert and most serious can't overcome the wrong paradigm, e.g. Nokia had the great engineers but look what happened.

P.S. Rpietila told me to buy BTC < $10 and I didn't, but this is because I was not in a speculative position at that time. I was in a crisis management position in my life. So please let's not conflate.

I made a couple of Big Picture posts about gold and crypto-currency:

https://bitcointalk.org/index.php?topic=365141.msg8621544#msg8621544

https://bitcointalk.org/index.php?topic=761896.msg8617863#msg8617863

Risto thanks for the 2 BTC. It came in handy for an emergency I had this Labor Day weekend. So I am able to continue to share my research efforts.

---------------------------- Original Message ----------------------------
Subject: Gold's role?
From:    AnonyMint
Date:    Mon, September 1, 2014 5:57 am
To:      Armstrong Economics
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/08/31/gold-at-2000/

1.	I agree entirely with everything Martin Armstrong wrote at the above linked blog post. Also add the following about gold for the next year or so: http://armstrongeconomics.com/2014/07/29/gold-the-false-rally/ http://armstrongeconomics.com/2014/07/01/gold-the-future/ http://armstrongeconomics.com/2014/06/04/ecuador-goldman-gold/ http://armstrongeconomics.com/2014/05/29/precious-metals/ http://armstrongeconomics.com/2014/08/28/cycle-inversion-staging-ground-for-2032/ The dollar will come stronger because that is the most liquid, safest market (e.g. dollar denominated real estate and stocks) to park capital as Europe and Japan are near the Minsky moment flash crashes, or at least slow motion crashes underway: (I HAVE WRITTEN MORE BELOW THIS LONG LIST OF LINKED POSTS) http://armstrongeconomics.com/2014/07/24/world-central-bank-secret-agreements/ http://armstrongeconomics.com/2014/07/27/manipulating-central-banks/ http://armstrongeconomics.com/2014/07/24/world-central-bank-secret-agreements/ http://armstrongeconomics.com/2014/06/24/us-uk-central-banks-look-to-rates-rising-in-autumn/ http://armstrongeconomics.com/2014/06/18/bank-of-england-to-raise-rates-not-lower/ http://armstrongeconomics.com/2014/08/29/germany-unemployment-jumps/ http://armstrongeconomics.com/2014/08/26/french-new-government-same-direction-death-of-europe/ http://armstrongeconomics.com/2014/08/23/eu-wants-to-regulate-farting-that-they-say-is-2-cause-of-global-warming/ http://armstrongeconomics.com/2013/07/29/spain-taxing-sunlight/ http://armstrongeconomics.com/2014/07/18/who-is-in-that-hated-top-1-could-it-be-you/ (socialism is egregiously out-of-control) http://armstrongeconomics.com/2014/08/25/draghi-emerges-from-jackson-hole-stating-germany-is-wrong/ http://armstrongeconomics.com/2014/08/25/yellen-jackson-hole-the-central-bank-marxist-festival/ http://armstrongeconomics.com/2014/08/23/draghi-blames-ukraine-for-euroland-deflation/ http://armstrongeconomics.com/2014/08/22/deflation-and-yet-another-reason-to-buy-equities/ http://armstrongeconomics.com/2014/08/21/sp500-still-on-tract-to-test-3000-level/ http://armstrongeconomics.com/2014/08/21/ecb-to-flood-southern-europe-with-trillion-euros/ http://armstrongeconomics.com/2014/08/19/crisis-collapse-in-world-capital-flows/ http://armstrongeconomics.com/2014/08/18/the-latest-in-the-derivative-nightmare-on-the-horizon/ http://armstrongeconomics.com/2014/08/14/big-bang-sovereign-debt-crisis/ http://armstrongeconomics.com/2014/08/07/italy-moves-into-recession-the-end-of-democracy/ http://armstrongeconomics.com/2014/08/05/capital-flows-domestic-v-international/ (Armstrong explains how he discovered his model's power) http://armstrongeconomics.com/2014/08/05/cameron-lashes-out-against-putin/ http://armstrongeconomics.com/2014/08/05/the-shift-from-west-to-the-east/ http://armstrongeconomics.com/2014/08/04/sanction-against-russia-set-the-stage-for-the-next-real-big-crash/ http://armstrongeconomics.com/2014/07/31/the-euro-a-dying-currency/ http://armstrongeconomics.com/2014/07/31/dow-jones-outlook-for-july-2014-closing/ http://armstrongeconomics.com/2014/07/31/argentina-defaults-assets-rise/ (acceleration coming in November) http://armstrongeconomics.com/2014/07/31/hungary-abolishing-democracy/ http://armstrongeconomics.com/2014/07/30/why-we-will-go-to-war-with-russia/ http://armstrongeconomics.com/2014/07/21/the-energy-hidden-agenda/ http://armstrongeconomics.com/2014/07/26/pensions-have-always-destroyed-society-just-like-detroit/ http://armstrongeconomics.com/2014/07/12/real-estate-the-global-view/ http://armstrongeconomics.com/2014/07/10/german-municipals-in-trouble/ http://armstrongeconomics.com/2014/07/07/swiss-proposal-to-end-private-banking/ http://armstrongeconomics.com/2014/07/06/feel-of-europe/ http://armstrongeconomics.com/2014/06/30/japan-free-at-last-to-wage-war/ http://armstrongeconomics.com/2014/06/28/christine-lagarde-the-most-dangerous-woman-in-the-world-imf-advocates-taking-pensions-extending-maturities-of-govt-debt-to-prevent-redemption/ http://armstrongeconomics.com/2014/06/28/collapse-of-democracy-in-europe/ http://armstrongeconomics.com/2014/06/24/banks-runs-in-bulgaria/ http://armstrongeconomics.com/2014/06/15/austria-starts-the-default-once-again/ http://armstrongeconomics.com/2014/06/02/french-economy-slips-below-even-greece-last-place-in-europe-productivity/ http://armstrongeconomics.com/2014/05/18/german-politicians-promise-unfunded-pensions-just-to-win/
2.	And the above ongoing and forthcoming rush into the dollar markets is why the USA is not worried about the ramifications of bullying the entire world on any thing that involves a dollar or USA supra-sovereign jurisprudence: http://armstrongeconomics.com/2014/06/02/facta-july-1st-77000-firms-worldwide-turning-over-info-on-americans/ http://armstrongeconomics.com/2014/08/21/death-of-the-dollar/ http://armstrongeconomics.com/2014/07/16/huge-fines-on-banks-moving-capital/ http://armstrongeconomics.com/2014/07/15/killing-the-dollar/ http://armstrongeconomics.com/2014/06/25/feds-exit-tax-on-bonds-confirms-liquidity-crisis/ http://armstrongeconomics.com/2014/08/22/how-judges-are-destroying-the-world-economy/ http://armstrongeconomics.com/2014/08/18/why-the-free-press-cannot-co-exist-with-federal-judges/ http://armstrongeconomics.com/2014/08/20/yahoo-fighting-back-moving-out-of-london-to-preserve-security/ http://armstrongeconomics.com/2014/08/12/fatca-unconstitutional-even-in-canada/ http://armstrongeconomics.com/2014/08/16/the-bureaucracy-can-remove-any-elected-official-at-will-killing-democracy-right-now/ http://armstrongeconomics.com/2014/08/16/perry-guilty-or-innocent/
3.	Other than the "ancient relic" epochs in which gold was used as currency (which won't work any more because commerce is predominantly electronic, even at gas stations), the role of gold is a hedge against breakdown in civilization to the point that normal investments don't function reasonably as a store-of-value. But note that if the severity of Mad max is too great, then even gold does not function as reasonable store-of-value over the near-term because food and survival-mode becomes the currency, e.g. rice in Japan during its 600 year Dark Age and the abandoned hordes of gold still being dug up from the Dark Age that followed the Western Roman empire. (Physical) Gold is a tiny $40 billion market (thus it can't adsorb the $250+ trillion global net worth and it won't take much capital to send it rocketing up in value) and we will see it rise in value as western civilization raises taxes and capital controls to finance the terminally ill cancer of socialism-gone-mad. Which will accelerate after 2015.75 (Sept 30, 2015). Armstrong had made the point that not all traceable assets such as real estate (which the Europeans and Chinese are buying in the USA to "get off the grid" to hide wealth from their own countries) can be confiscated because it would result in a total breakdown of civilization. My rebuttal is that it won't be outright blanket confiscation (decree) rather tax avoidance will be the catalyst by which these traceable assets are liquidated to pay tax judgments and the G20 will be cooperating with each other and the NSA to make sure all assets are traced. And a slow grinding ratcheted breakdown of civilization is the desired outcome of the global elite so they can bring about their NWO outcome, because in order for them to maintain control as the Industrial Age dies and the Knowledge Age grows, they need to increase their economies-of-scale and bring the masses (who can't cross the chasm to the Knowledge Age) down into the abyss of their dying epochal paradigm. http://www.silverbearcafe.com/private/01.10/thinklikeabanker.html http://www.silverbearcafe.com/private/06.11/owntheearth.html In the following linked blog post, Armstrong failed to grasp that "let me control the currency, and I care not who makes the laws"- Rothschild. Who ever issues the one-world currency, controls the world. If the one-world ends up as a decentralized crypto-currency which no one controls, then Armstrong's point below would be valid. But Armstrong doesn't even believe crypto-currency can remain independent of government (although we smart programmers and technologists disagree with him on that point). If we are correct, then crypto-currency will gain much more value than gold will and gold would be relegated to tangible store of wealth that can be moved (anonymously) across borders by selling it for crypto-currency and repurchasing with crypto-currency. http://armstrongeconomics.com/2014/05/28/one-world-government-impossible-one-world-currency-inevitable/ http://armstrongeconomics.com/2014/05/31/21572/ (Silver & gold coins) http://armstrongeconomics.com/2014/05/30/gold-the-black-market-50000/ Quote from: Armstrong The maximum price projection for 2032 seems to be the $22,000 to $24,000 dollar level. That is derived purely technically – not my opinion or what I think. That is not even a forecast saying that is where it will rise to reach by 2032. That is just what it is – answering a question as to how high is it possible FROM A TECHNICAL perspective for gold to reach. ... For the individuals it is one way to get off the grid, although they do track who is buying and how much. You cannot hop on a plane anymore and carrying a brief case full of gold bullion will only justify its confiscation. We have to be concerned about our financial privacy, which the government has converted to a crime of “money laundering” that amounts to just hiding money from their reach. True, high net worth investors should purchase gold, not for financial gain, but as the hedge against government, which it appears we may need in the years ahead. We are headed into negative interest rates and a new world of digital currency for then nothing will be private. Those who think they can create their own currency – good luck. Ain’t gonna happen. It is government that has the tanks – not the Rothschild. The digital currency will come AFTER 2015.75. Those who thought they were clever and think they can make tax-free income in Bitcoin, all I have to say is – been there done that. There were tax straddles that allowed people to push income from one year to the next using futures. They were sold by the major brokerage houses in the late 1970s. The IRS allows such schemes to progress, then hits them with huge interest, penalties, and sometimes criminal prosecutions. If anyone thinks they can use Bitcoin tax-free – good luck. You are probably destined for real tax-free living at the closest Federal prison. Don’t worry, like Motel 6 – they will keep the light on for ya. “How does one liquidate their gold holdings in a private manner?” Good luck. The French went after coins shows requiring that they report all attendees. The shows no longer go to Paris. The coin and bullion dealers were by law in France barred from dealing in cash. The French started to travel to Belgium to buy and sell gold. The French complained to Belgium and hence we now have coordinated G20 level monitoring. So gold may no longer provide the easy way to facilitate life as it once did. It will depend upon someone taking it in barter and to understand that possibility, you have to use coins – not bars. I know gold refiners and they must report every gram in and out even if it is coming in and out from overseas. So the Feds know who buys and sells metals. “Will the have to smuggle metal out if the country to be paid in cash?” There comes the metal detectors and Xrays. Then just traveling with more than even $3,000 is a presumption of guilt and they get to just seize it. Perhaps now you are starting to get a feel for why the NSA really monitors everything. We did not support Ukraine with boots on the ground because there was no profit compared to Iraq that filled to coffers of friends of the court and family members. The NSA has really been tracking money more so than terrorists it could not detect like the Boston Bombers. “Will there be a black market for hard cash in the states? Ultimately, how does gold help protect folks from an out of control government?” Gold may still be viable outside of the major cities the further you get off the grid. However, keep in mind that absent moving too far into a Dark Age where even gold loses all value, such a period historically tends to last 3.5 to 6 years max. Dark Ages you multiply that by 100. http://armstrongeconomics.com/2014/07/02/when-will-the-monetary-system-crack/ Quote from: Armstrong This brings us most likely to the Pi cycle target after 2024.35. That is when 911 took place to the day and when Greece began with the realization that there was trouble in the sovereign debt world of Europe. This previous 8.6 year wave that peaked in 2007.15 was just the beginning with the realization of the Sovereign Debt Crisis. The current wave that peaks in 2015.75 should start the debt crisis with more government being forced into insolvency. This is what the IMF proposal is all about and the Fed looking to impose an exit tax on the most liquid market in the world – US debt. The next wave 2024.35 will be the pulling apart of the world monetary system and the peak of this wave in 2032.95 is most likely where the tangible assets rise as a store of value in a world of uncertainty with respect to the medium of exchange. http://armstrongeconomics.com/2014/08/05/beware-2025/ Quote from: Armstrong We are most likely going to see a financial crisis that engulf the pensions and the sovereign debt crisis. The preliminary target seems to be really off in 2025. However, 2020 will be the first big crack. We seem to be headed for the electronic currency as the first fix. But we will see this migrate to the replacement of the reserve currency, which I believe will be a basket of the major currencies administered by some agency, I sure hope will not be the IMF. However, I would bet against my luck on that one. Gold may not reach its final peak until 2025. http://armstrongeconomics.com/2014/08/05/war-commodities/ http://armstrongeconomics.com/2014/06/02/getting-off-the-grid/ http://armstrongeconomics.com/2014/06/02/getting-off-the-grid-2/ http://armstrongeconomics.com/2014/07/06/getting-off-the-grid-cars-as-well/ http://armstrongeconomics.com/2014/06/18/public-v-private/ http://armstrongeconomics.com/2014/06/24/gold-the-private-wave/ http://armstrongeconomics.com/2014/07/06/the-6th-wave-shift-pubic-to-private/ http://armstrongeconomics.com/2014/06/16/while-the-talking-heads-keep-talking-bearish-crash-central-banks-buy-equities-the-shift-from-public-to-private/

P.S. I wish someone could enlighten me on the impacts to the change in climate in different regions as a result of the unequivocal data that shows the magnetic poles and polar ice caps are moving away from North and South America towards North and South Eurasia/Africa/Australia:

http://armstrongeconomics.com/2014/07/07/computer-modeling-depends-upon-the-input-un-global-warming-model-dead-wrong-for-18-years/

http://www.ngdc.noaa.gov/geomag/GeomagneticPoles.shtml

http://planet-earth-2017.com/wandering-poles/

---------------------------- Original Message ----------------------------
Subject: False life plan signals empire and civilization collapse (what socialism achieved)
From:    AnonyMint
Date:    Mon, September 1, 2014 5:00 am
To:      Armstrong Economics
--------------------------------------------------------------------------


http://www.sandraandwoo.com/2014/07/24/0601-new-school-uniforms/
(this is actually happening)



http://blog.jim.com/culture/the-false-life-plan/#comment-721849
(read the entire blog post, not just the linked comment)

http://blog.jim.com/economics/raising-fertility/

http://blog.jim.com/culture/players-puas-and-petruchio/

Ecuador is entirely missing the point that decentralization and sparse economies-of-scale are what is new in the Knowledge Age.

I was studying Ecuador recently as a potential place to get a 2nd citizenship, and the problem is you can't even home school your kids. The Ministry of Education owns your kids where State 'edumacation' (i.e. indoctrination) is compulsory from age 3 to 17. Military service and voting are also mandatory. Note all of South America is nearly the same but Ecuador, Venezuela, Brazil, and Uruguay (I didn't research Chile) are the most top-down controlling! The Communist (or Fascist) nirvanas are all about masking corruption in an idealism that is fed to the naive population. Run as far as away as you can. These top-down morasses always crash and burn and often with megadeath end game scenarios as the idealism just won't fade without trying to force an ideal outcome, e.g. how the universal health care which (along with lack of native supplies of oil) bankrupted Nazi Germany (after the fall of Germany to the Communists in the prior decade) lead to eugenics culling of the weak, handicapped, and 'inferior' races.

Education fraud in the USA:

http://armstrongeconomics.com/2014/08/04/fraud-of-education/

---------------------------- Original Message ----------------------------
Subject: Can the Internet Replace Career Politicians?
From:    AnonyMint
Date:    Sat, August 30, 2014 7:52 pm
To:      "Armstrong Economics"
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/08/30/can-the-internet-also-replace-career-politicians/

I agree with some of what Martin Armstrong wrote at the above linked blog post. Specifically I agree that the politicians and bureaucrats are able to do malfeasance because the public is both apathetic and systemically incapable of making change even when aware.

Martin has this theory that if the people could vote directly on every issue instead of being represented by elected officials, then the systemic problem would be solved. I briefly entertained this conceptual idea when I was about 13 years old. It is quite naive and juvenile.

Armstrong and Margaret Thatcher have the same gullible misunderstanding that most people of lower IQ have. They haven't taken the time to,or don't have the mental abstraction IQ to, comprehend how degrees-of-freedom and the granularity of adaption to maximize fitness interact with the immutable Second Law of Thermodynamics such that it is impossible that top-down organization of anything can ever work. I have explained this ad nausem in my past writings as AnonyMint:

https://bitcointalk.org/index.php?topic=355212.0

http://unheresy.com/Information%20Is%20Alive.html#Knowledge_Anneals

https://bitcointalk.org/index.php?topic=495527.msg6065144#msg6065144

https://bitcointalk.org/index.php?topic=557732.msg6078778#msg6078778

https://bitcointalk.org/index.php?topic=495527.msg6716262#msg6716262

Simulated annealing is the only known algorithm which can maximize fitness (i.e. the solution to the solution space) where the solution space is unknown a priori, has an unknown number of independent variables, and is dynamic with unknown number of feedback loops. Simulated annealing is nature's optimization method. Simulated annealing is why ice that cools slowly has less cracks because the localized organization and coordination of the molecules have more time to independently (i.e. bottom-up organization) find optimum states.

Only a fool or person of low IQ would assert the bottom-up voting for top-down issues can somehow anneal. I feel like I am dealing with children. Am I that much smarter than most people? Or are most people just too lazy or too invested in their logically failed ideas such that they are unable to think coherently?

The 150 - 170 IQ genuis who coined "open source" (as opposed to "free software") explained the power vacuum of democracy:

http://esr.ibiblio.org/?p=984
(Some Iron Laws of Political Economics)

The solution to the problem of the power vacuum of democracy is to eliminate top-down issues so that people can be free to organize more locally. The technological solution is coming with decentralized technology. For example, 3D printing, flying cars with computerized avoidance systems, decentralized anonymous crypto-currency (Bitcoin isn't decentralized and isn't robust in a fractured internet), decentralized corporations, decentralized social organization over the internet, etc..

Why does local organization work better? Because it is impossible for top-down laws or issues to be optimized to every local situation and especially dynamically because everything is always changing.

The gripe against local organization has been that economies-of-scale can't be attained. This was true in the Industrial Age where fixed capital and stored money were paramount. But with the internet economies-of-scale can be attained even if only 1 in 1000 people are availing of each thingamajig. This is why I have been writing about the coming Knowledge Age and the death of all top-down organization, including the death of passive capital investing such as bonds and usury finance. Instead we will move towards where capital is knowledge. Money will only be a currency and not for storing capital. There will be no way to store capital for long periods of time that isn't knowledge (money will have high rates of debasement in order to fund its decenralized crypto-currency security). The old world overlords will die away along with the socialism masses who don't cross the chasm. This is why their NWO is a death paradigm.

And this is why massive poverty is coming because most people aren't ready to cross the chasm. And this poverty will usher in disease and war. Out of the ashes, will come the Knowledge Age. For a while, the old will hang on and the socialism will become very idealistic (youth are glossy-eyed ready to the "end the corruption" mantra employing more top-down Marxism) and try for the NWO top-down solutions that Armstrong and others espouse. But that is the dying paradigm on the long haul. The Knowledge Age will be growing.

I can see clearly and lucidly the Big Picture how it all fits together in a perfect puzzle.

Get it. Or perish. I am tired of explaining it.

---------------------------- Original Message ----------------------------
Subject: Can the Internet Replace Career Politicians?
From:    AnonyMint
Date:    Sat, August 30, 2014 7:52 pm
To:      "Armstrong Economics"
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/08/30/can-the-internet-also-replace-career-politicians/

I agree with some of what Martin Armstrong wrote at the above linked blog post. Specifically I agree that the politicians and bureaucrats are able to do malfeasance because the public is both apathetic and systemically incapable of making change even when aware.

Martin has this theory that if the people could vote directly on every issue instead of being represented by elected officials, then the systemic problem would be solved. I briefly entertained this conceptual idea when I was about 13 years old. It is quite naive and juvenile.

Armstrong and Margaret Thatcher have the same gullible misunderstanding that most people of lower IQ have. They haven't taken the time to,or don't have the mental abstraction IQ to, comprehend how degrees-of-freedom and the granularity of adaption to maximize fitness interact with the immutable Second Law of Thermodynamics such that it is impossible that top-down organization of anything can ever work. I have explained this ad nausem in my past writings as AnonyMint:

https://bitcointalk.org/index.php?topic=355212.0

http://unheresy.com/Information%20Is%20Alive.html#Knowledge_Anneals

https://bitcointalk.org/index.php?topic=495527.msg6065144#msg6065144

https://bitcointalk.org/index.php?topic=557732.msg6078778#msg6078778

https://bitcointalk.org/index.php?topic=495527.msg6716262#msg6716262

Simulated annealing is the only known algorithm which can maximize fitness (i.e. the solution to the solution space) where the solution space is unknown a priori, has an unknown number of independent variables, and is dynamic with unknown number of feedback loops. Simulated annealing is nature's optimization method. Simulated annealing is why ice that cools slowly has less cracks because the localized organization and coordination of the molecules have more time to independently (i.e. bottom-up organization) find optimum states.

Only a fool or person of low IQ would assert the bottom-up voting for top-down issues can somehow anneal. I feel like I am dealing with children. Am I that much smarter than most people? Or are most people just too lazy or too invested in their logically failed ideas such that they are unable to think coherently?

The 150 - 170 IQ genuis who coined "open source" (as opposed to "free software") explained the power vacuum of democracy:

http://esr.ibiblio.org/?p=984
(Some Iron Laws of Political Economics)

The solution to the problem of the power vacuum of democracy is to eliminate top-down issues so that people can be free to organize more locally. The technological solution is coming with decentralized technology. For example, 3D printing, flying cars with computerized avoidance systems, decentralized anonymous crypto-currency (Bitcoin isn't decentralized and isn't robust in a fractured internet), decentralized corporations, decentralized social organization over the internet, etc..

Why does local organization work better? Because it is impossible for top-down laws or issues to be optimized to every local situation and especially dynamically because everything is always changing.

The gripe against local organization has been that economies-of-scale can't be attained. This was true in the Industrial Age where fixed capital and stored money were paramount. But with the internet economies-of-scale can be attained even if only 1 in 1000 people are availing of each thingamajig. This is why I have been writing about the coming Knowledge Age and the death of all top-down organization, including the death of passive capital investing such as bonds and usury finance. Instead we will move towards where capital is knowledge. Money will only be a currency and not for storing capital. There will be no way to store capital for long periods of time that isn't knowledge (money will have high rates of debasement in order to fund its decenralized crypto-currency security). The old world overlords will die away along with the socialism masses who don't cross the chasm. This is why their NWO is a death paradigm.

And this is why massive poverty is coming because most people aren't ready to cross the chasm. And this poverty will usher in disease and war. Out of the ashes, will come the Knowledge Age. For a while, the old will hang on and the socialism will become very idealistic (youth are glossy-eyed ready to the "end the corruption" mantra employing more top-down Marxism) and try for the NWO top-down solutions that Armstrong and others espouse. But that is the dying paradigm on the long haul. The Knowledge Age will be growing.

I can see clearly and lucidly the Big Picture how it all fits together in a perfect puzzle.

Get it. Or perish. I am tired of explaining it.

---------------------------- Original Message ----------------------------
Subject: Can the Internet Replace Career Politicians?
From:    AnonyMint
Date:    Sat, August 30, 2014 7:52 pm
To:      "Armstrong Economics"
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/08/30/can-the-internet-also-replace-career-politicians/

I agree with some of what Martin Armstrong wrote at the above linked blog post. Specifically I agree that the politicians and bureaucrats are able to do malfeasance because the public is both apathetic and systemically incapable of making change even when aware.

Martin has this theory that if the people could vote directly on every issue instead of being represented by elected officials, then the systemic problem would be solved. I briefly entertained this conceptual idea when I was about 13 years old. It is quite naive and juvenile.

Armstrong and Margaret Thatcher have the same gullible misunderstanding that most people of lower IQ have. They haven't taken the time to,or don't have the mental abstraction IQ to, comprehend how degrees-of-freedom and the granularity of adaption to maximize fitness interact with the immutable Second Law of Thermodynamics such that it is impossible that top-down organization of anything can ever work. I have explained this ad nausem in my past writings as AnonyMint:

https://bitcointalk.org/index.php?topic=355212.0

http://unheresy.com/Information%20Is%20Alive.html#Knowledge_Anneals

https://bitcointalk.org/index.php?topic=495527.msg6065144#msg6065144

https://bitcointalk.org/index.php?topic=557732.msg6078778#msg6078778

https://bitcointalk.org/index.php?topic=495527.msg6716262#msg6716262

Simulated annealing is the only known algorithm which can maximize fitness (i.e. the solution to the solution space) where the solution space is unknown a priori, has an unknown number of independent variables, and is dynamic with unknown number of feedback loops. Simulated annealing is nature's optimization method. Simulated annealing is why ice that cools slowly has less cracks because the localized organization and coordination of the molecules have more time to independently (i.e. bottom-up organization) find optimum states.

Only a fool or person of low IQ would assert the bottom-up voting for top-down issues can somehow anneal. I feel like I am dealing with children. Am I that much smarter than most people? Or are most people just too lazy or too invested in their logically failed ideas such that they are unable to think coherently?

The 150 - 170 IQ genuis who coined "open source" (as opposed to "free software") explained the power vacuum of democracy:

http://esr.ibiblio.org/?p=984
(Some Iron Laws of Political Economics)

The solution to the problem of the power vacuum of democracy is to eliminate top-down issues so that people can be free to organize more locally. The technological solution is coming with decentralized technology. For example, 3D printing, flying cars with computerized avoidance systems, decentralized anonymous crypto-currency (Bitcoin isn't decentralized and isn't robust in a fractured internet), decentralized corporations, decentralized social organization over the internet, etc..

Why does local organization work better? Because it is impossible for top-down laws or issues to be optimized to every local situation and especially dynamically because everything is always changing.

The gripe against local organization has been that economies-of-scale can't be attained. This was true in the Industrial Age where fixed capital and stored money were paramount. But with the internet economies-of-scale can be attained even if only 1 in 1000 people are availing of each thingamajig. This is why I have been writing about the coming Knowledge Age and the death of all top-down organization, including the death of passive capital investing such as bonds and usury finance. Instead we will move towards where capital is knowledge. Money will only be a currency and not for storing capital. There will be no way to store capital for long periods of time that isn't knowledge (money will have high rates of debasement in order to fund its decenralized crypto-currency security). The old world overlords will die away along with the socialism masses who don't cross the chasm. This is why their NWO is a death paradigm.

And this is why massive poverty is coming because most people aren't ready to cross the chasm. And this poverty will usher in disease and war. Out of the ashes, will come the Knowledge Age. For a while, the old will hang on and the socialism will become very idealistic (youth are glossy-eyed ready to the "end the corruption" mantra employing more top-down Marxism) and try for the NWO top-down solutions that Armstrong and others espouse. But that is the dying paradigm on the long haul. The Knowledge Age will be growing.

I can see clearly and lucidly the Big Picture how it all fits together in a perfect puzzle.

Get it. Or perish. I am tired of explaining it.

---------------------------- Original Message ----------------------------
Subject: Argentine bond holdouts are shorting Argentina
From:    AnonyMint
To:      "Armstrong Economics"
--------------------------------------------------------------------------

I read some where that the vulture banks who hold 7% of the restructured Argentine bonds are also heavily short Argentina using CDS (credit default swaps).

Thus they are not planning to reap a windfall payment. Their strategy is to prevent Argentina from getting access to international capital markets, so that Argentina can't gain investment and sell more debt, thus Argentina will soon run out of international reserves and go into a default on all international bonds (and also eventually default on any domestic bonds or spiral off into hyperinflation). Then the vultures will reap huge gains.

http://www.zerohedge.com/news/2014-01-23/your-front-row-seat-argentinas-latest-currency-collapse

http://www.ft.com/intl/cms/s/0/42b95dbc-29e9-11e4-914f-00144feabdc0.html

http://www.globalresearch.ca/colonization-by-bankruptcy-the-high-stakes-chess-match-for-argentina/5397548

We could pontificate about whose fault it is, but the bottom line is Argentina can't avoid a collapse, because it is an agrarian exporter in a declining global economy.

---------------------------- Original Message ----------------------------
Subject: Re: How to turn American against American violently
From:    AnonyMint
To:      "Armstrong Economics"
--------------------------------------------------------------------------

Well Armstrong didn't get the point of my prior communication yesterday apparently given he wrote this today:

http://armstrongeconomics.com/2014/08/25/are-we-head-to-another-french-revolution/

The French may all hate the situation, but when it comes time to fight over who pays, they will fight each other or a fabricated external conflict.

I don't have time for more non-technical tangents like yesterday, but the people can also obtain most of that technology and in some cases out innovate the government on military technology (they are doing it now with 3D printed guns, drones, etc), so that isn't the problem. The problem is the people don't agree with each other, because their income is all tied to the socialism and so they can be compelled to fight each other. This is how socialism always dies, because misallocation of capital can't be unwound, just as spaghetti can't be unwound. The people are tied into knots. There is no escape from chaos and collapse. So any French Revolution again will end up with totalitarian and socialist outcomes (e.g. Napoleon and France after Napoleon).

---------------------------- Original Message ----------------------------
Subject: How to turn American against American violently
From:    AnonyMint
To:      "Armstrong Economics"
--------------------------------------------------------------------------

A super minority of Americans have a lot of guns, but that doesn't mean their interests are aligned. No! Those guns are a form of standing army chaos, because a majority of Americans now depend on the government. You can't have guns without also having self-sufficiency and expect a sane outcome:

http://armstrongeconomics.com/2014/08/24/there-is-a-800-higher-probably-americans-will-be-killed-by-police-than-a-terrorist/


Take away their money and retirements in a way that they blame each other for it:

http://armstrongeconomics.com/2014/05/09/unions-want-to-tax-exchanges-to-pay-for-their-pensions/

http://armstrongeconomics.com/2014/08/23/draghi-blames-ukraine-for-euroland-deflation/


Obamacare will turn the doctors against the businessmen. Etc..

http://armstrongeconomics.com/2014/08/20/the-obama-dark-age/


TPTB planned this out well. Americans will shoot Americans. Chaos is coming:

http://armstrongeconomics.com/2014/08/19/how-they-handle-police-brutality-in-switzerland/

http://armstrongeconomics.com/2014/08/14/big-bang-sovereign-debt-crisis/

http://armstrongeconomics.com/2014/08/08/kiev-new-riots/


Armstrong is pleading against this mistake of divide-and-conquer:

http://armstrongeconomics.com/2014/08/11/protests-turn-to-free-for-all/

http://armstrongeconomics.com/2014/08/09/divide-conquer-always-the-best-strategy/

http://armstrongeconomics.com/2014/08/17/are-we-on-the-verge-of-renewed-race-riots-with-the-turn-in-the-war-cycle-in-2014/

http://armstrongeconomics.com/2014/08/21/charlie-chaplin-the-great-dictator/

But he won't succeed to stop it.

---------------------------- Original Message ----------------------------
Subject: Big picture on ebola, pandemics and the resulting Hajnal line + socialism + propaganda
From:    AnonyMint
To:      "Armstrong Economics"
--------------------------------------------------------------------------

The quality of journalism has declined. The following linked article entirely misses the hallmark of pandemics and plagues in that although HIV may be as virulent and Influenza as contagious, neither are simultaneously highly virulent and highly contagious.

http://www.huffingtonpost.com/2014/08/17/viruses-scarier-than-ebola_n_5683223.html

Luckily so far ebola's mode of transmission is apparently not yet airborne (or not enough) to be a threat to western civilization.

But mutation is possible and there are numerous strains of hemorrhagic fevers, as well other competing pathogens. The Black Death plagues that killed most of Europe's population and spread by rodents seem less likely to impact the world now as agriculture is no longer primarily manual labor. Nature culled the overpopulation in Europe in order to raise the wages and productivity of mankind. Thus perhaps the causative history for why Europe favors birth control, late marriage (http://en.wikipedia.org/wiki/Hajnal_line), and population control propaganda.

http://unenumerated.blogspot.com/2013/11/european-asian-divergence-predates.html

http://blog.jim.com/economics/the-future-belongs-to-those-that-show-up/

Result of "Legal Equality for Women":


http://blog.jim.com/culture/the-false-life-plan/  <--- agree only that cathedral education should stop & let diversity thus fitness bloom
http://esr.ibiblio.org/?p=3000 (about hypergamy and the PUA game)
http://esr.ibiblio.org/?p=4934 (the false life plan is a dead end)
http://blog.jim.com/economics/the-cure-for-iq-shredders/  <--- top-down control is never the solution

But it also cheapened life.

http://en.wikipedia.org/wiki/Bubonic_plague#Second_outbreak


There is a new mosquito spread virus that appears to also spread as an STD.

Some sort of mutation along those lines is what will drive the next pandemic on cycle for 2019.

http://armstrongeconomics.com/2014/07/31/ebola-virus-the-next-plague-due-2019/

http://armstrongeconomics.com/2014/06/07/plague-cycle/

http://armstrongeconomics.com/2013/12/06/war-plagues-earthquakes/

http://armstrongeconomics.com/2014/03/11/crimea-was-the-origin-of-the-black-death-that-killed-50-of-europe/


Another culling of the population is unfortunately perhaps necessary because the vast majority of people are not ready to be productive in the Knowledge Age as the Industrial Age is dying (China swallowed that zero profit oversupply of industrial capacity), otherwise we will end up with a Dark Age of circling the toilet bowl socialism.

Economic Devastation and the Coming Knowledge Age:

https://bitcointalk.org/index.php?topic=355212.0

https://bitcointalk.org/index.php?topic=495527.msg6065144#msg6065144

If you knew my solution, you would know that is false. There are not an unbounded number of people in the world. Remember I said it is unprofitable, so no one has an incentive to invest more. My solution is essentially one person one vote, but not in the way you would normally assume.

Surely I have given enough hints, you can deduce now what I have in mind. Any further incorrect assumptions, will not be corrected.

Correct.


I believe incorrect.

I told everyone upthread, the only way to make PoW work decentralized, is to make it entirely unprofitable. That is the last hint you are going to get.

Bingo.

And currency can't all end up in the hands of the power-law distributed savers. It also has to be continuously debased so that spenders can spend. Savers and spenders are symbiotic.

You can claim that investors send the money back to spenders via wages, but the fact is they don't. They pool their money in usury interest bearing bonds, which is a form of mutual bondage (slavery) for both the lender and the borrower. That is a deeper, detailed mathematical analysis that I don't have time to reexplain right now. Refer to my older writings on the Hommel forum. There is a reason the Bible says you can only lend at interest to a stranger, not to one of your own.

In other words, savers will destroy themselves if left to their own natural behavior. Don't just look down on spenders, look down on savers too.


Based on designs I've explored, I believe yes. Except for adding new features, you need to trust a developer to take control. Once you are willing to lock the features into stone, it can run on autopilot if the features are resilient enough. When it eventually fails, you design a new currency learning from the past mistakes.

I hope all of you who believe this Malthusian delusion are willing to read irrefutable logic (and there are a lot of you who have been mind programmed by Rockefeller's funding of the environmentalism propaganda such as his creation of the 1978 UN Conference on Human Environment in Brazil).

Without 'wasting' (ahem consuming) energy to produce outputs of higher value, we would all still be living without fire shivering in caves.

For example, you could analogously claim that consuming too much airconditioning (turning the thermostat down too low) is wasteful, yet fact is that the colder it is (down to a reasonable threshold), the more mentally focused productive humans can typically be.

And before 2015, you will have the opportunity to learn that there is something of incredibly high value that we can do with PoW that we can't do with PoS. But I expect most of you won't even realize the observed outcome is because of PoW, even if I told you (well I already told you upthread but I assume most can't decipher what I wrote upthread) you wouldn't grasp it and you'd just attribute it to 'jibberish'.


That can be fixed.