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Tranz (OP)
Legendary
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Activity: 1540
Merit: 1060
May the force bit with you.
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June 25, 2017, 08:23:56 PM |
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Who do you think caused the great bubble! I'm still in accumulation mode. Got any to sell?
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Tranz (OP)
Legendary
Offline
Activity: 1540
Merit: 1060
May the force bit with you.
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June 25, 2017, 11:19:22 PM |
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4) the basic point you make is accurate. If a currency could distribute $2 in useable currency to every person, it would improve things more than it would worsen them, for most people. The main bottleneck has to do with things like education. you could look at coins like humaniq, that claim to have that ambition. Even then there are lots of small issues. If you distribute by thumbprint to the uneducated then there will be a market for severed thumbs in some areas.
Isn't this just like changing the one dollar bill to a million dollar bill. So everyone can be millionaires? I'm pretty sure in your situation, if you gave $2 to every person, no matter if it is crypto, gold, or dollars, inflation would simply make everything in the world $2 more expensive, putting everyone back at the same spot they were before you gave them it.
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PeterTheGrape
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June 25, 2017, 11:52:41 PM |
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...
Isn't this just like changing the one dollar bill to a million dollar bill. So everyone can be millionaires? I'm pretty sure in your situation, if you gave $2 to every person, no matter if it is crypto, gold, or dollars, inflation would simply make everything in the world $2 more expensive, putting everyone back at the same spot they were before you gave them it.
There are a few issues involved. Talking strictly about distribution of the bottom rung of wealth... there are tens of thousands of children in poor countries that die for lack of $1. If you gave each of them $1 per day it would prevent many of those deaths, if there were also stores where they could buy what $1 buys. But if you give each of those kids or their families $100 a day then they are going to buy not only food and electrolytes but also radios, watches, phones etc. Eventually they will look for ways to make $300 a day, so they can buy better stuff. So there will be space for entrepreneurs etc, that's how an economy can start. One important side issue is that when a person, including a policy maker, is deciding on a course of action, he or she often uses the issues of the day to rationalize some more primitive motive. So you have a lot of people with power who, at a deep level, are thinking "Dang there are a lot of those brown/black/yellow people, have to reduce their numbers"... but you filter that thought through the days politics and they end up saying "the feasibility of economic administration of subsistence... etc etc" so that in effect they feel sorry about so many people dying of poverty, and they wish they could do more, but they have a dinner date and have to get dressed. That works, as long as you're not the hungry one.
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versprichnix
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June 26, 2017, 06:48:21 AM Last edit: June 26, 2017, 07:41:26 AM by versprichnix |
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4) the basic point you make is accurate. If a currency could distribute $2 in useable currency to every person, it would improve things more than it would worsen them, for most people. The main bottleneck has to do with things like education. you could look at coins like humaniq, that claim to have that ambition. Even then there are lots of small issues. If you distribute by thumbprint to the uneducated then there will be a market for severed thumbs in some areas.
Isn't this just like changing the one dollar bill to a million dollar bill. So everyone can be millionaires? I'm pretty sure in your situation, if you gave $2 to every person, no matter if it is crypto, gold, or dollars, inflation would simply make everything in the world $2 more expensive, putting everyone back at the same spot they were before you gave them it. In my economiy all is balanced, so if there is one gainer, there is one who has to loose. Indead a basic income leads to inflation, and the persons who have the most fiat stakes are the loosers, independant of where they hide their money in this world. This is one goal of a basic income. The 2 dollars is only a first target, my suggestions always can start at Null. This low amount is choosen a way, that really poor people could pay a school for their child, instead letting them work.
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PeterTheGrape
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June 26, 2017, 06:01:07 PM |
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...
In my economiy all is balanced, so if there is one gainer, there is one who has to loose. Indead a basic income leads to inflation, and the persons who have the most fiat stakes are the loosers, independant of where they hide their money in this world. This is one goal of a basic income.
The 2 dollars is only a first target, my suggestions always can start at Null. This low amount is choosen a way, that really poor people could pay a school for their child, instead letting them work.
Everything is balanced, everything has to add up to zero at the end of the day, but the art, the kung fu, is in looking at as many variables as possible. It isn't just money but a lot of other things involved. Money, fiat, crypto is not the top of the pyramid, it is one of many things and if you only try to solve the money side then you are going to cause the opposite of a solution in some other side.
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FlungSpun
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June 26, 2017, 06:13:05 PM |
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...
In my economiy all is balanced, so if there is one gainer, there is one who has to loose. Indead a basic income leads to inflation, and the persons who have the most fiat stakes are the loosers, independant of where they hide their money in this world. This is one goal of a basic income.
The 2 dollars is only a first target, my suggestions always can start at Null. This low amount is choosen a way, that really poor people could pay a school for their child, instead letting them work.
the opposite of a solution There is the problem
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goodguyed
Sr. Member
Offline
Activity: 388
Merit: 250
Twitter: @goodguyed
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June 27, 2017, 04:00:06 AM |
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Having trouble connecting, anyone got a nodes list? Not finding one handy. Thanks
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Signature for sale by owner
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FlungSpun
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June 27, 2017, 10:03:01 PM |
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Well I didn't want to make it to handy, you know, like Google "hobonickels nodes list" and clicking 5th link down. but you're welcome ....
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Tranz (OP)
Legendary
Offline
Activity: 1540
Merit: 1060
May the force bit with you.
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June 27, 2017, 11:43:17 PM Last edit: June 28, 2017, 02:18:43 AM by Tranz |
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One person on 0.7.5/ Thirty eight people on 1.5.0/ Sixty people on 1.5.1/ Two people on 1.5.2/ Not sure how important it is to run the latest version of wallet add 1.5.2 doesn't seem to be released yet, https://github.com/Tranz5/HoboNickels/releases , so most people are not far behind Version 0.7.5 Will not work, the rest are all compatible.
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versprichnix
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June 28, 2017, 08:48:34 AM |
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...
In my economiy all is balanced, so if there is one gainer, there is one who has to loose. Indead a basic income leads to inflation, and the persons who have the most fiat stakes are the loosers, independant of where they hide their money in this world. This is one goal of a basic income.
The 2 dollars is only a first target, my suggestions always can start at Null. This low amount is choosen a way, that really poor people could pay a school for their child, instead letting them work.
Everything is balanced, everything has to add up to zero at the end of the day, but the art, the kung fu, is in looking at as many variables as possible. It isn't just money but a lot of other things involved. Money, fiat, crypto is not the top of the pyramid, it is one of many things and if you only try to solve the money side then you are going to cause the opposite of a solution in some other side. I solve nothing! With the exception of my own small world. I never said this type of basic income could be the only one! A lot of people in cryptoworld are claiming this indead. In my opinion there never can be one solution alone, in this case it must fail. I'm watching for your "solution", if it is egocentric it will collapse, and natur will become rich again. All is balanced!
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daemonfox
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June 28, 2017, 12:38:06 PM |
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...
In my economiy all is balanced, so if there is one gainer, there is one who has to loose. Indead a basic income leads to inflation, and the persons who have the most fiat stakes are the loosers, independant of where they hide their money in this world. This is one goal of a basic income.
The 2 dollars is only a first target, my suggestions always can start at Null. This low amount is choosen a way, that really poor people could pay a school for their child, instead letting them work.
Everything is balanced, everything has to add up to zero at the end of the day, but the art, the kung fu, is in looking at as many variables as possible. It isn't just money but a lot of other things involved. Money, fiat, crypto is not the top of the pyramid, it is one of many things and if you only try to solve the money side then you are going to cause the opposite of a solution in some other side. I solve nothing! With the exception of my own small world. I never said this type of basic income could be the only one! A lot of people in cryptoworld are claiming this indead. In my opinion there never can be one solution alone, in this case it must fail. I'm watching for your "solution", if it is egocentric it will collapse, and natur will become rich again. All is balanced! Expanse dev has a BUI token in dev... Lucrii Tokens. My understanding is if you declare yourself on the world ID network they have also built, Lucrii Tokens mint for you every month.
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panpine
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June 28, 2017, 12:55:31 PM |
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where can I get 1.5.2 and what does that fix?
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Tranz (OP)
Legendary
Offline
Activity: 1540
Merit: 1060
May the force bit with you.
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June 28, 2017, 09:46:28 PM |
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where can I get 1.5.2 and what does that fix?
Have to compile. It is not released, and never will be. All version up to 1.6 are going to be self service and use at your own risk only. They are development and potentially buggy. Only the pulls to the offical repo will have full releases.
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richardmtruitt
Newbie
Offline
Activity: 36
Merit: 0
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July 02, 2017, 09:34:10 AM |
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What's the current status of this coin? Is my understanding correct that the dev left and has returned?
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Tranz (OP)
Legendary
Offline
Activity: 1540
Merit: 1060
May the force bit with you.
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July 02, 2017, 02:51:54 PM |
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What's the current status of this coin? Is my understanding correct that the dev left and has returned?
<-------- Me Never left, just wasn't active. I am extremely busy with work, family, and athletics. I am here now and working on version version 1.6 due out in late 2017 early 2018.
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z0rr0
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July 04, 2017, 07:09:06 PM |
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What's the current status of this coin? Is my understanding correct that the dev left and has returned?
<-------- Me Hey Tranz, just for the info - links to explorers (HBN PressTab.pw Explorer, HBN on Cryptopia Explorer) at http://hobonickels.info/ seems broken.
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