Economic Totalitarianism

[hdbuck]

Mircea Popescu is an overconfident idiot. This applies to solutions to the coming totalitarianism. Follow him at your peril.

lol

[1714135728]

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[1714135728]

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[1714135728]

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[trollercoaster]

http://www.myce.com/news/intel-skylake-cpus-continuously-listen-to-the-voice-windows-10-users-77051/

[hdbuck]

Deleting your browser history could land you in prison

http://kernelmag.dailydot.com/issue-sections/staff-editorials/13910/sox-browser-history-obstruction-justice/?fb=ss&prtnr=hackingnews

^^

[TPTB_need_war]

Completed the network design portion of the white paper. There are 3 separate networks in my design compared to only one (afaik) in Bitcoin.

The DoS and Sybil attack resistance is much superior in my design so we can avoid the heuristic hacks that Maxwell put in Bitcoin.

In short everything is much better than Bitcoin at every aspect of the design. Bitcoin killer on the way...

Btw, we should remember Maxwell's excellent research on the Supreme Court decisions which asserted that privacy of money is essential to civil liberty.

The government regulation of crypto-currency is on the march.

P.S. If I seem moody or curt, perhaps it is because I've only eaten 2 egg yolks 40 hours into a fast which I intend to continue for week or weeks under the theory that ketogenesis will eat the bad prions which are sending chemicals to my brain to cause the brain to stop feeding itself glucose so the prions can get more glucose. Apparently the prions can't eat ketones but the brain can even it has been programmed by the prions to self-starve glucose. I need to get 100% healthy so I can code at my full capability.

[minor-transgression]

"The only way to win is to bankrupt the totalitarianism."

No. Ripley proposes an elegant solution:
www.youtube.com/watch?v=aCbfMkh940Q
Unfortunately, collateral damage would void the result.
If you think I am joking, you have yet to fully comprehend the problem.

That which I have been assessing for a couple of years is beginning to inform debate:
http://www.firstrebuttal.com/the-feds-fatal-flaw-a-predictable-end/
"The monetary system enacted in 1913 (and all fiat monetary systems),
issuing currency backed by interest bearing indenture, was fatally flawed due to a
requirement for its very survival to create an ever-increasing stock of money,
without also providing the means for perfect investment,
resulting in a system where debt ultimately consumes all profits and labour
over time. A system only a banker could love. Because such a system is predicated on
devaluation (by its requirement for perpetual growth in money stock) and because that
sealed its fate, the system's end was perfectly predictable upon its inception."[1]
http://www.salientpartners.com/epsilontheory/post/2015/03/16/troy-will-burn-the-big-deal-about-big-data
"Today a handful of hedge funds use Big Data to identify investor behavioral patterns
so that certain investors can be crushed. Today Big Data is primarily an instrument of
social information gathering, with a powerful but punctuated impact on those individuals on
the receiving end of a drone strike or a targeted trade. Tomorrow a handful of governments
will influence aggregate political behaviors by triggering small communications that
Big Data tells them will be voluntarily magnified by individual citizens, snowballing into
outsized, long-lasting, and untraceable "popular" actions. Tomorrow a handful of hedge funds
will influence aggregate market behaviors by triggering small trades that Big Data tells
them will be voluntarily magnified by individual traders, snowballing into outsized, l
ong-lasting, and untraceable "market" actions. Tomorrow Big Data will be primarily an
instrument of social control, with a powerful and ubiquitous impact on all citizens and all
investors."

I *think* I finally figured out *what* to do. That still leaves many things
to be solved including the *when* and *how*.

I will mention that I see early 2013 differently from MA. The key event was the cleavage
of MIC-space from Bank-space and People-space, evidenced by the NSA's (correct) belief
that it could lie to Congress without penalty. Mr Snowden's response moved him personally,
and thus People-space, into TPTB-space. TPTB-space moves between all three other spaces.

Thus the event that plays out later this year may be MIC-space crushing Bank-space.
If that happens the result could be the first war in history where the Bankers do
not emerge as victors. To be fair though, if Bank-space implodes, MIC-space will get sucked in.

Timing the response is difficult. Too soon and the cure is worse than the disease.
I will need some programming and math work done if I decide to do this. But if I
don't do this someone else will. Time for the US economy has almost run out.

[1]@OROBTC - if you haven't read this already, it is worth a read.
http://www.levyinstitute.org/files/download.php?file=wp309.pdf&pubid=157

[TPTB_need_war]

MT & OROBTC, you should stop with the gold delusion and sell on this bounce while you still have the chance.

There is no suppression of the gold price. All that nonsense.

The intangible world is going to obliterate the tangible world in terms of relative value.

[trollercoaster]

your daily cancer

http://www.coindesk.com/research-federal-reserve-needs-power-over-bitcoin/

[TPTB_need_war]

Some provocative technical posts:

https://bitcointalk.org/index.php?topic=1159591.msg12215971#msg12215971

https://bitcointalk.org/index.php?topic=1159691.0

[OROBTC]

...

With respect, TPTB, there's no way I am selling my gold.  5000 years + suggests a prudent holding is just smart.

I am less able to predict the future than you are.  You are an able and very smart programmer and observer.  Which is great, most of the points you raise re the Knowledge Age seem about right.

But, it may not happen.  No one knows.  Diversification.

But, I keep an eye on what you and M.A. write, because there appears to be truth there.

*   *   *

TPTB!  Please don't push CC to close his thread!  His thread runs excellent interference for mine, helps keep things almost on track around here...

[TPTB_need_war]

I am not pushing CC. It was just a request based on a desire to conserve my time. He responded indicating that it is not necessary for me to defend my prior work. I assume that means he won't let it run amok there while I am gone.

Ahem. Gold was useless when bronze slabs were money in the earlier times. Please don't get fooled by the gold promoters. They want you to believe gold was perennial.

Marriage to an investment is the sign of irrationality. You can get twice as much gold for your money in Spring.

If you are truly using gold as a hedge, then you should reduce it to standard advice which is about 1% of LIQUID networth, meaning don't count any real estate.

Then you can buy more on the low when it has dropped to a lower % of liquid networth.

Every asset should be rebalanced when it rises in price. That is good portfolio management.

That is why holding all gold as physical is not wise. Some should be held as paper gold so you can trade it, at least while there is no danger yet in the USA of confiscation until at least 2018.

[username18333]

http://www.myce.com/news/intel-skylake-cpus-continuously-listen-to-the-voice-windows-10-users-77051/

I know the hardware is compromised but not to the degree you are thinking.

With Intel anti-theft technology built into Sandy Bridge, Allen said users can set it up so that if their laptop gets lost or stolen, it can be shut down remotely. The microprocessor also comes with enhanced recovery and patching capabilities.

The "NWO" (TPTB_need_war) [i.e., plutocracy] could engineer remote shutdown for "users" (Cheung) but not [for] themselves‽

(And the "field test" is over.)

(Additions original to outermost citation.)

[username18333]

With respect, TPTB, there's no way I am selling my gold.  5000 years + suggests a prudent holding is just smart.

Humans are attracted to the physical properties of gold, and rhetoric (e.g., that which convinces one to hoard the immaterial) could not supplant those properties.

[OROBTC]

...

TPTB & username18333

I do not hold gold to trade it.  "Paper gold" is worth less to me than the real thing.  So for me to monkey around with the GLD (etc.) is a non-starter.  I have plenty of paper investments (stocks, bonds, etc.; that are really electrons in other peoples' computers).

My gold's role is to help me imitate the Old Rich Families in Europe: pass it down through the generations.

But, however, my wife has put the boot down: No More Gold!  Which means no more...  So, if all the other assets go up (dubious), then my gold %-age holdings go down.  If gold goes WAY UP (say to $5000 in real 2015 dollars), yeah, OK, I will sell some.  Some.

Rest easy (TPTB) that my gold is a small portion of my overall holdings, I thought I had explained that earlier.

[username18333]

I do not hold gold to trade it.  "Paper gold" is worth less to me than the real thing.  So for me to monkey around with the GLD (etc.) is a non-starter.

Which confirms this post.

[TPTB_need_war]

You did say that but small is unqualified and often people include their illiquid assets in the calculation.

I thought you might have 5% of total networth in gold, thus perhaps up 20% of liquid networth. At those levels, I sense goldbug fever.

If you are safely within reasonable diversification, then my apology for prying into your personal matters.

I just get offended by "gold price manipulated" and other tinfoil hat-speak because I allowed myself to get suckered into that and held 80% of my liquid networth in silver and ended up being destitute by now partially because of that decision. Not because I didn't issue sell orders per my prediction of top at $45, but because in order for my physical silver to follow me to the Philippines it had to be placed with a local dealer who then ... I'd rather not say...

Silver and gold are fine as long as you don't really expect to ever sell them, which sounds like your case.

I found them to be a major hassle. I couldn't even transport them without having to pay bribes.

[username18333]

I just get offended by "gold price manipulated" and other tinfoil hat-speak because I allowed myself to get suckered into that and held 80% of my liquid networth in silver and ended up being destitute by now partially because of that decision. Not because I didn't issue sell orders per my prediction of top at $45, but because in order for my physical silver to follow me to the Philippines it had to be placed with a local dealer who then ... I'd rather not say...

Which confirms this post.

(I.e., your valuation of a precious metal is derived from its "physical properties" [username18333].)

[OROBTC]

You did say that but small is unqualified and often people include their illiquid assets in the calculation.

I though you might have 5% of total networth in gold, thus perhaps up 20% of liquid networth. At those levels, I sense goldbug fever.

If you are safely within reasonable diversification, then my apology for prying into your personal matters.

I just get offended by "gold price manipulated" and other tinfoil hat-speak because I allowed myself to get suckered into that and held 80% of my liquid networth in silver and ended up being destitute by now partially because of that decision. Not because I didn't issue sell orders per my prediction of top at $45, but because in order for my physical silver to follow me to the Philippines it had to be placed with a local dealer who then ... I'd rather not say...

10-4.  I do not believe that gold's price is any more manipulated than anything else.  It's too large a market.  There *may* be some manipulation around the edges, but, IMO it is pretty meaningless.  And I don't care anyway.

SILVER, ahh, the "Devil's Metal"...  I have a tiny holding, mostly as a small hedge for a serious TEOTWAWKI.  On the other hand, silver has NOT been used in any of the recent countries that have had hyperinflation.  Silver was NOT used in Peru during their hyperinflation (1980s).

You write gold may be over-hyped.  Bet you have a good take re Ag hype...  


EDIT:  If we act as optimists (to a degree anyway), there is a case for PLATINUM, as its use is likely to increase with an increase in world GDP (as a catalyst -- much needed in China for example).  But, being optimistic seems to be dangerous now (DJIA down 1000 points last week).

[username18333]

A hierarchical monetary authority (e.g., the digital economic system whereupon a certain poster to this thread claims to labor) would not resolve the issue the citation below invokes in a manner that favors the non-plutocrat. (See the below.)

http://www.zerohedge.com/news/2015-08-16/zero-hedge-what-should-we-do

this is an interesting read for those of you who follow zero hedge.

He is stating the obvious (financial markets are rigged, economic indicators are manipulated, etc) and asking for real suggestions on how we can chan[g]e the world for the better.

One main problem is the money these bankers/governments/militaries control.  The money gives them power to do anything, buy anything, and buy anyone.

So how could BTC make a difference?  If the elite are able to get into BTC, I don't see how it would be any different than the current system in place.

[TPTB_need_war]

EDIT:  If we act as optimists (to a degree anyway), there is a case for PLATINUM, as its use is likely to increase with an increase in world GDP (as a catalyst -- much needed in China for example).  But, being optimistic seems to be dangerous now (DJIA down 1000 points last week).

After 2020 or maybe not until 2032. Not now.

[TPTB_need_war]

1. TPTB have no conception of themselves benefiting from a Knowledge Age if they don't expand their monopolies. They are fighting over a smaller pie and have even stated that is their goal, e.g. Georgia Guidestones et al. Individual members may avail of anonymous means of hiding wealth and as anonymous competition within their ranks.

2. Boomers are philosophically against self-control and survival without a State. The State and hedonism are their glorious creation. They'll abandon it only when they're dead. The boomers drove the education and culture of the society of the generation after the X gen (my generation observed the transition and the State breaking the family unit so we rebelled, at least in the USA and I don't know about Europe). It is only the X gen (my generation) would are somewhat prepared en masse. From the latter generations in the West, there are a some exceptions on an individual basis and especially in the USA. Outside the West, the people are more prepared in the sense that many grew up surviving in difficult circumstances, even agrarian; and they have lower debt and State unfunded actuarial social welfare liabilities. But most in the developing world even though they didn't have the State take care of them, are very much socialist and want to copy the Western socialism asap.

3. So the likely outcome is very similar to Rome's fall. First the waterfall collapse, then as Constantine did, a renewed socialism religion towards global socialistic contract via a one world reserve currency with all axis powers sharing a vote in its global central bank. The youth of the world will follow starry-eyed into the NWO eugenics. The Knowledge Age will marching ahead growing much faster than that political morass. The political morass will be attempting to parasite the Knowledge Age with expropriation and taxation. I think in the end, that unproductive old world economy dies. But it will die hard because TPTB and boomers did such a glorious job of indoctrinating the world into socialism.


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I know how fast things escalate (according to history et al) in a down-wards spiral - but spurred by your recent posts about the fall of Rome, I was contemplating that the real suffering in Europe/west likely won't come before a generational shift. Yes, we will likely see a waterfall event - and fall down very fast - however, we still have a two generations that have a lot of know-how. However, the young generation seems to largely have lost that - for several reasons. One being they never learned to take care of themselves (in many ways, physically, mentally, growing food, repairing things, hedonism, innovate etc) because the state does that for them. The older generations still have some of all that knowledge inherent in them. Secondly the thought is that the large rates of unemployment escalates this issue, where most young people in their most productive and years, where they should learn the most, are not learning anything new. They are not being handed any knowledge - in fact many places we see them being handed inferior knowledge (purposefully or not, e.g. Common Core).. And many are not seeking it themselves either.(i.e your point about Westerners being fucking lazy... most of them..)

By saying all that, I'm not disregarding things turning to shit real fast. I'm probably arguing why it will continue to keep falling down.

I am also thinking that if TPTP are smart(er) and not just self-propagandized to believe that top-down control rules everything, then they should allow for a knowledge age to flourish in which they themselves can benefit. If they tread too hard and too much they suffer themselves (in what's available etc.)

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Aug 23

Armstrong's computer predicts that political divide in the USA but it might take longer than a few years. Looks like the USA will swing hard to the right politically this Nov 2016 election, then riding the up to the 2017.9 peak and then after fall into the economic abyss. 2018 forward is going to probably pandemic, war, chaotic shift in personal financial status every where.

So if I were you, I'd be preparing a plan B bug out for 2018ish, just in case you need it. If you don't need it, then great. But better to be prepared than not.