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Author Topic: [idea] A federal reserve system for bitcoin  (Read 1817 times)
fasdorcas
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March 13, 2019, 08:59:54 PM
 #41

I like this idea, it helps to ensure that there is no overspend. However, it will be hard to maintain in a volatile market unless you have a lot of capital to make up the difference. Never used xapo so i won't participate but it is interesting nonetheless.

Many thanks. I think - it needs an app. With gun.db i.e. It could be act through a community - using such app. Every member can decide - how to do, but should be save the actual portfolio after every step.
I am at this time in an other project...... No time for all ideas - sorry. But this algo is unlicenced here Smiley But please let me inform, if you are ready with the implementation - I would like to be a node or member Smiley Sure.
I do not think such community is already in existence here and would also be interested in been a member if there’s any but my fear is on how we prevent whales from over dominating the group as we are sure of definitely having them and there might be chances of collaboration on their path to either increase or drop prices and this would sure forfeit the purpose of the group.

Please can you also try to put more light on the gun. DB., i understand you have a tight schedule but please understand that this is a necessity to many at the moment and you would be an hero to come through.
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March 14, 2019, 07:11:58 PM
 #42

And an important information.
We hired a person, to be the CEO of our FED:

I would like to present his face:



I just met with he on the bitcoinwisdom. Bitstamp.

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March 15, 2019, 08:12:28 AM
 #43

I like this idea, it helps to ensure that there is no overspend. However, it will be hard to maintain in a volatile market unless you have a lot of capital to make up the difference. Never used xapo so i won't participate but it is interesting nonetheless.

Many thanks. I think - it needs an app. With gun.db i.e. It could be act through a community - using such app. Every member can decide - how to do, but should be save the actual portfolio after every step.
I am at this time in an other project...... No time for all ideas - sorry. But this algo is unlicenced here Smiley But please let me inform, if you are ready with the implementation - I would like to be a node or member Smiley Sure.
I do not think such community is already in existence here and would also be interested in been a member if there’s any but my fear is on how we prevent whales from over dominating the group as we are sure of definitely having them and there might be chances of collaboration on their path to either increase or drop prices and this would sure forfeit the purpose of the group.

Please can you also try to put more light on the gun. DB., i understand you have a tight schedule but please understand that this is a necessity to many at the moment and you would be an hero to come through.

please:
https://github.com/amark/gun

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April 03, 2019, 10:07:17 AM
 #44

https://github.com/ifinta/ourfed working? Cheesy I know a fund because MtGox what fund would be able to do this work - and earn. And Japan needs a stable bitcoin - in Japan can we pay with bitcoins in many shops... It would be a round idea to do or try a role of FED from side our Trustee in Japan - on the bitcoin market at 5000 dollars. Why not?


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April 04, 2019, 08:15:40 AM
 #45

Or a big whale, i.e. Satosi (?) started to govern the market? Huh Why not?

https://github.com/ifinta/ourfed working? Cheesy I know a fund because MtGox what fund would be able to do this work - and earn. And Japan needs a stable bitcoin - in Japan can we pay with bitcoins in many shops... It would be a round idea to do or try a role of FED from side our Trustee in Japan - on the bitcoin market at 5000 dollars. Why not?



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April 04, 2019, 08:46:08 PM
 #46

Well, the guys that brought us the "Bart Simpson" chart pattern maybe are some kind of "Federal Reserve" Wink



While this is an old image, the pattern was very much used between 6000 and 7000 and also somewhat between 3000 and 4000.

Obviously, the reason are short-term traders. But they have the same effect than as if was a "FED" - they've stabilized the price a bit. So encouraging short-term trading techniques (including arbitrage and short-term short selling) seems a viable strategy to stabilize the Bitcoin price and make it more useful "as a currency" Grin

(I'm still working on the idea I linked before. Maybe this year I can code a prototype. However, it seems this year is to become bullish, so it wouldn't get massive acceptance, but at the end of a bull phase stabilization mechanisms will get more demand (as people become increasingly fearful) Wink )

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April 07, 2019, 01:28:15 AM
 #47

Well, the guys that brought us the "Bart Simpson" chart pattern maybe are some kind of "Federal Reserve" Wink
...

Sure Cheesy

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April 07, 2019, 01:29:03 AM
 #48

Well, the guys that brought us the "Bart Simpson" chart pattern maybe are some kind of "Federal Reserve" Wink



While this is an old image, the pattern was very much used between 6000 and 7000 and also somewhat between 3000 and 4000.

Obviously, the reason are short-term traders. But they have the same effect than as if was a "FED" - they've stabilized the price a bit. So encouraging short-term trading techniques (including arbitrage and short-term short selling) seems a viable strategy to stabilize the Bitcoin price and make it more useful "as a currency" Grin

(I'm still working on the idea I linked before. Maybe this year I can code a prototype. However, it seems this year is to become bullish, so it wouldn't get massive acceptance, but at the end of a bull phase stabilization mechanisms will get more demand (as people become increasingly fearful) Wink )

FYI

And an important information.
We hired a person, to be the CEO of our FED:

I would like to present his face:



I just met with he on the bitcoinwisdom. Bitstamp.

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April 24, 2026, 06:14:39 AM
 #49

Well, the guys that brought us the "Bart Simpson" chart pattern maybe are some kind of "Federal Reserve" Wink
...

Sure Cheesy

We reached a new stage in this try:

Check, please, https://zsozso.info/pre-history.html , https://zsozso.info/contact.html (I planning to enrich BOTH pages in the days Smiley

My base not changed in the YEARS. To implement a well distributed 'central' bank for OUR Gaia Smiley
I searching OG's here for a signature campaign. DM me, please. I have ONLY ZSOZSO at this time, but... ...but it should be enough. Or?

A New Perspective from the South Pole 🐧

Greetings, Bitcointalk community.

I’ve been part of the BTC ecosystem since 2011 (ifinta), worked a lot as a software engineer for Porsche and developing P2P solutions. After years of R&D and some "hard-learned" lessons in centralized systems, I am officially introducing the Merlin Neogene Backbone 4MNB (MNB4MNB) project.



🌍 Why the South Pole? (The Antarctica Perspective)
The world is stuck in an East vs. West binary loop. From the South Pole, this division disappears. We are re-orienting the global financial map using a South Polar Azimuthal Projection.

MNB4MNB stands for Merlin Neogene Backbone for (the future) Central Banks. It is a sovereign, distributed infrastructure designed to be immune to geopolitical shocks and centralized "kill-switches."

🛠️ Technical Foundation: The Backbone
We aren't just building another token. We are building the Backbone.
  • Engineered for Resilience: Built with industrial-grade precision.
  • Distributed Ledger (DLT): Utilizing the "Iceberg Source" – a truly decentralized data layer.
  • Cyberforint (CYF): The digital energy flowing through the Backbone.
🚀 Recent Milestone: gun-connect is LIVE
I have just made a draft of the gun-connect App - it is public on GitHub already. This is a critical piece of our distributed puzzle.
🔗 github-page

*Special thanks to Mark Nadal (GUN DB creator) for the recent recognition of our first code snippets!*

💎 The Vision
The MNB (Merlin Neogene Backbone) is the "Cold Storage" for the new world economy. It’s immutable, deterministic, and transparent.

Quote
"We don't need more centralized control; we need a resilient backbone that stays stable while the rest of the world is in flux."

Check out the full history and technical roadmap:
🌐 https://zsozso.info/pre-history.html

I am looking for:
  • Peer review from veteran devs.
  • Potential collaborators for the "Iceberg" nodes.
  • Investors who understand that the real value is in the infrastructure.
Let's build the future from the ground up. Literally.

MNB4MNBStability from the Deep South.


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May 10, 2026, 06:37:32 AM
Last edit: May 17, 2026, 04:58:16 PM by ifinta
 #50

My briefly plan for the coming meeting with the Hungarian National Bank (in the days?):

- to show, how will change the crypto market in 2027
https://www.facebook.com/vortexledger/posts/pfbid0QaKFDz4KAhtMtWStSLENaBABS5pGhQ7fjcwQqm4T2kkMwhqCXxR6RjbTdsKUXj5El

- why is OUR WORLD in crises
(the POWER (NUCLEAR WEAPONS) has the ECONOMY = OUR BRAIN)

- how would be possible to get that ECONOMY from the POWER away
(P2P union of countries, which don't have NUCLEAR WEAPONS, will establish a new world wide accepted DEVISE = CYBERFORINT)
- indonesia, vietnam, korea, japan, tibet, SOS cuba, taiwan, singapore, thailand, hungary, poland, finnland, greece, a LOT nation without ANY country behind they (hurons, mohikans, indians, székelyek, ...) and not least a LOT african countries, ...

- why is it better as a fully P2P and through the POWER (or the USD) controlled coin as for example PI or STX or the simple XLM, ADA, IOTA, ... or ... or ANY stablecoin today (if it is a question.......)
(the vision of the dPID (code controlled, code is the LAW with HUMAN (but P2P) decisions, controll, setup, param, admin, ...) controlled Nearly Stable Coin (NSC): CYBERFORINT)

- where are OUR development at this time

- what can do the MNB for OUR TARGETs

many THANKs for Your time, patience, feedback, ...

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August 13, 2026, 02:29:15 PM
 #51

The Hungarian National Bank, MNB (Magyar Nemzeti Bank), left us the whole freedom to act for this project. They answer arrived in this days.
Of course, we must to hold regulatory expectations.

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