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Author Topic: Social Security Coin [Launching March 2016]  (Read 1392 times)
vleroybrown (OP)
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December 04, 2015, 05:31:58 PM
Last edit: December 04, 2015, 10:11:36 PM by vleroybrown
 #1

Introduction

Modern economic security of retirement benefits through Social Security is limited by the current objectives of political administrations traction through existing rules and regulations.   Member’s knowledge and resources are developed within federal budgeting and law concerning the program only after changes affect cost of living and other derivative adjustments through centralized banking mechanisms.  

Decentralizing where the fund benefits are dispersed within federal budgeting, is what Social Security Coin transactions will modernize, with all aspects of purpose and potential otherwise, a digital blockchain offers. Applying the cryptographically secure blockchain potential for all retirement insurance paid through this coins economy, is possible through digital decentralized participation making modern personal banking persistent with every users wallet and more so within an open fintech economic shift.    

First, cryptographic signing proof of income, and proof of benefits, this coin publicly secures participates interest in the benefits they direct, and vests that into modern financial vehicles.   Public verification of Social Security’s ability to maintain margins on cost of living for elderly participates prior to death is the first benefit that will come from this coin.   The next direct benefit is the amortization of inflationary fiat currency into a community sustainable peer to peer system.  
.......
Stay posted for more details.  Feel free to drop any suggestions below on how you think this coin should be staked, etc.  
crzybilly
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December 04, 2015, 05:33:06 PM
 #2

Just started working on a new Altcoin depending on how the test auction goes. This will be a derivative backed coin for American Social Security benefits.   Will be working with benefit attorney to finish this one and launch by March 2016.  Stay posted for more details.  Feel free to drop any suggestions below on how you think this coin should be staked. 

sounds interesting
techbytes
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December 04, 2015, 05:34:49 PM
 #3

Can't be any worst then the one we have in place now.

Tuning in...


-tb-

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December 04, 2015, 05:35:08 PM
 #4

Just started working on a new Altcoin depending on how the test auction goes. This will be a derivative backed coin for American Social Security benefits.   Will be working with benefit attorney to finish this one and launch by March 2016.  Stay posted for more details.  Feel free to drop any suggestions below on how you think this coin should be staked. 

This is fucking stupid, No way in hell the US government is going to back this.. Why even bother developing something this shit?
How much are you going to premine it? 10%? 15%? Pretty sure the world doesn't need anymore shitcoins.


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TillKoeln
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December 04, 2015, 05:36:13 PM
 #5

i will check this thread in 4 Months again ^^

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December 04, 2015, 05:51:17 PM
 #6

Just started working on a new Altcoin depending on how the test auction goes. This will be a derivative backed coin for American Social Security benefits.   Will be working with benefit attorney to finish this one and launch by March 2016.  Stay posted for more details.  Feel free to drop any suggestions below on how you think this coin should be staked. 


So you admit that your in this for the money... when can we expect an ICO?

Your benefits labor and employment lawyer will want a retainer up front. Usually $5000+ Unless maybe its your friend or just a law student?  Roll Eyes


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December 04, 2015, 06:42:23 PM
 #7

You'll be in a great shit, if feds finds this out.

Stop whatever you are doing right now.
vleroybrown (OP)
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December 04, 2015, 07:06:55 PM
 #8

edited for quote and clearity
So you admit that your in this for the money... when can we expect an ICO?

Your benefits labor and employment lawyer will want a retainer up front. Usually $5000+ Unless maybe its your friend or just a law student?  Roll Eyes
Independent administrative oversight of what is effectively a single payer insurance for retirement, disability, or death merged into government budget planning, exists only when or if there is political debate.  

Decentralized management of administration, is not a money grab by attorneys, financial planners, or adjusters, rather an individuals decision to prudently participate, because of the option within what will be a public Altcoin blockchain.  

As a financial topic completely relevant to all Americans, the forecast for FICA contributions can not be effectively lumped into discourse for general political credit, only to lose popularity or momentum once elections are over.

My vision is an altcoin blockchain shifting the political advantage and decentralizing assessment costs.                  
Woody20285
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December 04, 2015, 07:59:24 PM
 #9

edited for quote and clearity
So you admit that your in this for the money... when can we expect an ICO?

Your benefits labor and employment lawyer will want a retainer up front. Usually $5000+ Unless maybe its your friend or just a law student?  Roll Eyes
Independent administrative oversight of what is effectively a single payer insurance for retirement, disability, or death merged into government budget planning, exists only when or if there is political debate.  

Decentralized management of administration, is not a money grab by attorneys, financial planners, or adjusters, rather an individuals decision to prudently participate, because of the option within what will be a public Altcoin blockchain.  

As a financial topic completely relevant to all Americans, the forecast for FICA contributions can not be effectively lumped into discourse for general political credit, only to lose popularity or momentum once elections are over.

My vision is an altcoin blockchain shifting the political advantage and decentralizing assessment costs.                  
I don't even know where to start on this one.
vleroybrown (OP)
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December 04, 2015, 08:28:21 PM
 #10

Updated the Introduction.  Thanks for your interest and time.
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December 04, 2015, 08:32:38 PM
 #11

Introduction

Modern economic security of retirement benefits through Social Security is limited by the current objectives of political administrations traction through existing rules and regulations.   Member’s knowledge and resources are developed within federal budgeting and law concerning the program only after changes affect cost of living and other derivative adjustments through centralized banking mechanisms.  

Decentralizing where the fund benefits are dispersed within federal budgeting, is what Social Security Coin transactions will modernize, with all aspects of purpose and potential otherwise, a digital blockchain offers.  Applying the cryptographically secure blockchain potential for all retirement insurance paid through this coins economy, is possible through digital decentralized participation making modern personal banking persistent with every users wallet and more so within an open fintech economic shift.    

First, cryptographic signing proof of income, and proof of benefits, this coin publically secures participates interest in the benefits they direct, and vests that into modern financial vehicles.   Public verification of Social Security’s ability to maintain margins on cost of living for elderly participates prior to death is the first benefit that will come from this coin.   The next direct benefit is the amortization of inflationary fiat currency into a community sustainable peer to peer system.  
.......
Stay posted for more details.  Feel free to drop any suggestions below on how you think this coin should be staked, etc.  

Sounds like a tall order

Waiting for more details
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December 04, 2015, 08:50:39 PM
 #12

I will check this thread when it has more info.
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December 04, 2015, 08:54:13 PM
 #13

I will also check this topic when there is more information. I am waiting ...
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December 04, 2015, 09:34:07 PM
 #14

Here's the sumary:

Words words words, promises, vague details, words words words, ICO.
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December 04, 2015, 09:52:05 PM
 #15

Here's the sumary:

Words words words, promises, vague details, words words words, ICO.
Thank you for the excellent summary. Don't think I could have expressed it better.
vleroybrown (OP)
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December 04, 2015, 10:25:34 PM
 #16

Here's the sumary:

Words words words, promises, vague details, words words words, ICO.
Thank you for the excellent summary. Don't think I could have expressed it better.

What you pickup out of the words, promises, and details is an initial cost outlay?  The concept and application behind this multiple benefit coin will be another disruption in finance that will face resistance sure.  Completely is why it is going to get boxed up for Americans, who have legitimate fear founded in proof of undemocratic control central banks have over the economy and specifically the USD.     
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December 05, 2015, 01:26:54 AM
 #17

Please read under my avatar........................ March 2016 Well, long time PRE-ANN  seems to be fashion now. 
Woody20285
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December 05, 2015, 01:33:02 AM
 #18

Here's the sumary:

Words words words, promises, vague details, words words words, ICO.
Thank you for the excellent summary. Don't think I could have expressed it better.

What you pickup out of the words, promises, and details is an initial cost outlay?  The concept and application behind this multiple benefit coin will be another disruption in finance that will face resistance sure.  Completely is why it is going to get boxed up for Americans, who have legitimate fear founded in proof of undemocratic control central banks have over the economy and specifically the USD.      
What he picked out as details was - the lack of them but, I give a pass on that while waiting info.
Should have no resistance to acceptance if it is truely better than alternative investments and... legal.

Should be interesting to see how you set this up to not violate SEC laws, Insurance laws, etc.
Am excited to see the out of the box thinking and what you come up with. You can't replace SSec.
or use as an alternative to it... little problem like Congressional approval needed.

Will be excited to see your creativity. Being a "seniorCitizen" - I could use more in retirement.
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April 02, 2016, 08:55:34 AM
 #19

Introduction

Modern economic security of retirement benefits through Social Security is limited by the current objectives of political administrations traction through existing rules and regulations.   Member’s knowledge and resources are developed within federal budgeting and law concerning the program only after changes affect cost of living and other derivative adjustments through centralized banking mechanisms.  

Decentralizing where the fund benefits are dispersed within federal budgeting, is what Social Security Coin transactions will modernize, with all aspects of purpose and potential otherwise, a digital blockchain offers. Applying the cryptographically secure blockchain potential for all retirement insurance paid through this coins economy, is possible through digital decentralized participation making modern personal banking persistent with every users wallet and more so within an open fintech economic shift.    

First, cryptographic signing proof of income, and proof of benefits, this coin publicly secures participates interest in the benefits they direct, and vests that into modern financial vehicles.   Public verification of Social Security’s ability to maintain margins on cost of living for elderly participates prior to death is the first benefit that will come from this coin.   The next direct benefit is the amortization of inflationary fiat currency into a community sustainable peer to peer system.  
.......
Stay posted for more details.  Feel free to drop any suggestions below on how you think this coin should be staked, etc.  

March 2016 is end.

  Develop Custom Decentralized Blockchain Applications in JavaScript with LISK!
   Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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April 02, 2016, 10:22:55 PM
 #20

Maybe dev is waiting for tax day - April 15th.
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