Economic Devastation

[TPTB_need_war]

Thank you Cypherdoc. You put a lot of effort into that post and it makes your stance clear. I need to be reminded of that noble and inspirational perspective, although I was exposed to it before. The idea that information is spreading now with the internet and thus the masses will suddenly for the first time in human history change how they behave. Ya know, "it is different this time" has always been wrong for 6000 years since Mesopotamia.

Did you know that Napoleon won not because of his military genius but because (the Pen Is Mightier Than the Sword so) he promulgated the idealism that he was liberating the conquered areas from the oppression they were suffering. Later on when it became apparent tha Napoleon was the same oppression they were trying to get rid of, Napoleon began to lose battles.

But never did the masses succeed in eliminating the elite and system of oppression. Some blue bloods were beheaded, but the upper 0.0001% banksters were not touched (they didn't stick around during the French Revolution and they continued on under Napoleon).

The elite always co-op every mass movement. Why? Because collectivism is a power vacuum. It demands that an elite come into that entropic vacuum.

You can never win with the masses. They will always be wrong, for as long as they demand to organize themselves in collectives. And I have explained upthread that Bitcoin is power vacuum collective, i.e. it can't resist centralization.

So as nice as your theory sounds, it is incorrect. I wish you could agree, but alas some people need to be wrong (or let's say diverse objectives have to be fulfilled) to make a market, because there needs to be both a buyer and seller.

I do agree the general spread of technology improves the quality of life of the people, so there is a benefit to spreading these new technologies which can also be used to enslave us. My point is only that you won't get the revolutionary outcome via Bitcoin rather just more of the same oppression (and worse because of the peaking totalitarianism coming).

For the upper middle class, the only way to avoid expropriation is to find a frontier, technology and a market that is sufficiently large (noting that geographical frontiers and gold are no longer an option), which is can not be centralized, which does not require any ideological groupthink, and in which rather the individual incentives are aligned with no power vacuum.

P.S. the recent examples you cite as cases of the masses rising up were all engineered by the banksters. Do some research. Start with the Benghazi incident and Hillary Clinton's private email server. Dude they have the brains of the masses zombified with Facebook. They can put up anything there on Facebook and drive an overthrow of a government by releasing some corruption via Wikileaks, etc.. There has been a long-standing plan to foment chaos in the Middle East to drive the end of petro-dollar as they prepare the global economic collapse to drive the political result of the one world reserve currency and global Technocracy. The Middle East had to be eliminated as potential safe haven for capital.

The central bank and nation-states reputations are being destroyed on purpose by the banksters in order to usher in the one-world reserve currency solution to that morass.

Larry Summers would not cross over from a $3+ trillion black budget to a measily $10 billion marketcap because he has banked his entire life on the fact that the elite have never lost control ever. The names change, but the paradigm of the Iron Law of Political Economics have no changed in all of recorded human history.

He knows damn well that the elite are in control of Bitcoin and DEEP STATE think tanks know very well that you will fall for these delusions that you have.

In the case critical thinkers such as Peter R, etc, I presume these guys refuse to entertain information they can't prove as in equivalent to a scientific laboratory experiment. They fail to correlate the repeating pattern of history thus they they don't see the corroborating evidence. Thus they remain uncommitted until it is too late to do anything. Sad.

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[TPTB_need_war]

It was written with the same dripping disdain that I'm arguing against to make a point. Probably not a good idea.

Those who miscategorize Common Sense as disdain have lost common sense (ostensibly because they've been deluded by various propaganda as I have explained in the prior few posts).

[TPTB_need_war]

To all those who I offended with my "conspiratorial" perspective, I do not dislike any of you (as far I can see so far). Your world view is not the same as mine at this juncture in history (e.g. we might have been more aligned had we met in the 1990s when I was about high tech and there weren't these dark totalitarian clouds on the horizon). I believe you are deluded and you think the same of me. The future will prove who was correct. Good luck.

This might be my last post...

...

Any one who desires to have ongoing communication with me, please keep (permanently) a Bitmessage address on your Bitcointalk profile, make sure you have posted (anything) in one of the 4 threads I have been posting in recently. I will contact you when my free time allows. You must run your Bitmessage at least every other day (old messages are discarded from the network) and make sure you run it on a computer that can't be infected with any virus (i.e. hopefully not the same computer you surf the net from and download porn to!)

Bitmessage is the only means I am aware of for us to communicate where it can't be proven by the NSA whom was talking to whom.

...

Alternatively readers may send me your Bitmessage address in a private message. I can't promise which day I might contact any specific person via Bitmessage, so you would need to run it every other day indefinitely. It is unfortunate, but this is the best there for anonymous communication at this time. And I am very rushed, so my communications need to be prioritized.

Please read my recent posts and ask yourself if you agree with my stance on reality. If so and you want to encourage me to work on a solution (as I contemplate the decision), then feel free to offer to communicate with me in Bitmessage.

Note I am not lacking people interested in encouraging me, so perhaps readers should only request to communicate with me ongoing if they feel they can help.

[TPTB_need_war]

You can never win with the masses. They will always be wrong, for as long as they demand to organize themselves in collectives.

The Internet is essentially the mass of masses. Extrapolate the audience averaging effect in the popular game show Who Wants to Be a Millionaire:

"But there’s a third option: You can use your “Ask-the-Audience" life line. You can poll the entire studio audience on the four possible answers, and their responses are instantaneously assembled into a bar graph. Invariably, this graph shows one overwhelming choice, and with rare exceptions the audience is right. “I’ll trust the audience,” you tell Regis. “Final answer.”

Good move. But why? No person in the audience is any more likely than you to know where grapes come from, yet the collective intelligence of the group is almost always a better bet than your best guess. Psychologists are very interested in this perplexing statistical phenomenon. If the crowd is always wiser than any individual, what does that say about the way knowledge is stored and arranged in our minds? And can it help us make better choices, even beyond game shows?

...

That’s actually what Vul and Pashler found when they ran the experiment. As reported in the July issue of the journal Psychological Science, the average of two guesses for any individual participant was better than either guess alone, regardless of the time between guesses. So polling the “crowd within” does indeed yield a statistically more accurate answer. What’s more, this internal crowd gets more independent-minded with time: Contestants who were asked to second-guess themselves three weeks later benefited even more by averaging their two guesses than did those who second-guessed themselves immediately. The psychologists speculate that the cognitive pull of the original answer loses its power and allows more mental flexibility over time."
http://www.psychologicalscience.org/onlyhuman/2008/06/polling-crowd-within.cfm

@vokain You have probably seen this already, but in case not: enjoy!
BBC - The Code - The Wisdom of the Crowd
https://www.youtube.com/watch?v=iOucwX7Z1HU

PS. Interesting how every single block size limit poll, since the first one in Feb 2013, has had majority support for the increase.

I assume both of you are smart guys.

So why do you commit this blatantly obvious category error of equating collective intelligence to the misalignment of priorities in the Iron Law of Political Economics?

I just can't fathom how you can't see that is proximately analogous (in terms of shared versus independent self-interest) to equating ant colonies to Tasmanian devils.

Let me translate that Iron Law into a form that is more easily appreciated:

Mancur Olson, in his book The Logic Of Collective Action, highlighted the central problem of politics in a democracy. The benefits of political market-rigging can be concentrated to benefit particular special interest groups and simultaneously distributed via debt to the population wherein each self-interested individual has the incentive to maximize his/her parasitic extraction from the collective, while the costs (in higher taxes, slower economic growth, and many other second-order effects) are diffused through the entire population (and often obfuscated and easily ignored as charged to the future generation in the form of debt).

This general model has consequences. Here are some of them:

Political demand for income transfers, entitlements and subsidies always rises faster than the economy can generate increased wealth to supply them from.

The equilibrium state of a regulatory agency is to have been captured by the entities it is supposed to regulate.

The only important class distinction in any advanced democracy is between those who are net producers of tax revenues and those who are net consumers of them.

Corruption is not the exceptional condition of politics, it is the normal one.

P.S. I have tried my best to teach this concept but it seems after 1000s of posts in the Economic Devastation and other threads, I still can't get readers to acknowledge that collective organization of humans suffers from a misalignment of priorities. That humans have big brains or that collective intelligence of humans is higher than for solitary humans is irrelevant.

[TPTB_need_war]

You can never win with the masses. They will always be wrong, for as long as they demand to organize themselves in collectives.

The Internet is essentially the mass of masses. Extrapolate the audience averaging effect in the popular game show Who Wants to Be a Millionaire:

"But there’s a third option: You can use your “Ask-the-Audience" life line. You can poll the entire studio audience on the four possible answers, and their responses are instantaneously assembled into a bar graph. Invariably, this graph shows one overwhelming choice, and with rare exceptions the audience is right. “I’ll trust the audience,” you tell Regis. “Final answer.”

Good move. But why? No person in the audience is any more likely than you to know where grapes come from, yet the collective intelligence of the group is almost always a better bet than your best guess. Psychologists are very interested in this perplexing statistical phenomenon. If the crowd is always wiser than any individual, what does that say about the way knowledge is stored and arranged in our minds? And can it help us make better choices, even beyond game shows?

...

That’s actually what Vul and Pashler found when they ran the experiment. As reported in the July issue of the journal Psychological Science, the average of two guesses for any individual participant was better than either guess alone, regardless of the time between guesses. So polling the “crowd within” does indeed yield a statistically more accurate answer. What’s more, this internal crowd gets more independent-minded with time: Contestants who were asked to second-guess themselves three weeks later benefited even more by averaging their two guesses than did those who second-guessed themselves immediately. The psychologists speculate that the cognitive pull of the original answer loses its power and allows more mental flexibility over time."
http://www.psychologicalscience.org/onlyhuman/2008/06/polling-crowd-within.cfm

@vokain You have probably seen this already, but in case not: enjoy!
BBC - The Code - The Wisdom of the Crowd
https://www.youtube.com/watch?v=iOucwX7Z1HU

PS. Interesting how every single block size limit poll, since the first one in Feb 2013, has had majority support for the increase.

I assume both of you are smart guys.

So why do you commit this blatantly obvious category error of equating collective intelligence to the misalignment of priorities in the Iron Law of Political Economics?

I just can't fathom how you can't see that is proximately analogous (in terms of shared versus independent self-interest) to equating ant colonies to Tasmanian devils.

Let me translate that Iron Law into a form that is more easily appreciated:

Mancur Olson, in his book The Logic Of Collective Action, highlighted the central problem of politics in a democracy. The benefits of political market-rigging can be concentrated to benefit particular special interest groups and simultaneously distributed via debt to the population wherein each self-interested individual has the incentive to maximize his/her parasitic extraction from the collective, while the costs (in higher taxes, slower economic growth, and many other second-order effects) are diffused through the entire population (and often obfuscated and easily ignored as charged to the future generation in the form of debt).

This general model has consequences. Here are some of them:

Political demand for income transfers, entitlements and subsidies always rises faster than the economy can generate increased wealth to supply them from.

The equilibrium state of a regulatory agency is to have been captured by the entities it is supposed to regulate.

The only important class distinction in any advanced democracy is between those who are net producers of tax revenues and those who are net consumers of them.

Corruption is not the exceptional condition of politics, it is the normal one.

P.S. I have tried my best to teach this concept but it seems after 1000s of posts in the Economic Devastation and other threads, I still can't get readers to acknowledge that collective organization of humans suffers from a misalignment of priorities. That humans have big brains or that collective intelligence of humans is higher than for solitary humans is irrelevant.

that "Law" was constructed in the context of a debt-based fiat system in which money printing is central and of which Bitcoin is NOT.  hence, our optimism that we can change things for the better.  does optimism always have to be unrealistic?

The People demand fractional reserves debt. If you deny this fact, then let's go down that rabbit hole such as using the 1800s as an example where the People demanded debt from the private, decentralized banks. Otherwise I assume you accept this fact.

The State and its mandate to regulate legal tender exists because there is a power vacuum on which entity will regulate fractional reserves and backstop the economy when the fractional reserves periodically implode with the business cycle.

We had decentralized money in the 1800s and we can clearly see it ended with the bankruptcy of the USA wherein JP Morgan had to bailout the country (which led to the establishment of the Federal Reserve in 1913).

A power vacuum means that the system in decentralized mode can't squelch some undesired activity (e.g. counterfeiting a.k.a. fractional reserves) without some entity being given the monopoly on force (i.e. Max Weber's canonical definition of the State).

The regulation of fractional reserves is a collective power vacuum that will always exist under any technological paradigm including Bitcoin (unless we can argue that humans will no longer have use for debt).

Thus you have transposed (i.e. conflated) causality (cause and effect). The demand for centralized control over legal tender derives from individual self-interest that Bitcoin does not alter.

Thus Bitcoin is a power vacuum because it can't resist centralization and the People's self-interest in debt implicitly demands the State to maintain force over regulating finance.

I explained in the Economic Devastation thread that I think the demand for debt in the Knowledge Age may diminish, because I explained in great detail in one of my essays linked from the opening post of that thread that knowledge production can't be financed.

Our problem however, is that most humans are not ready to transition to the Knowledge Age work and they will continue to demand debt and Industrial Age jobs (or the government to subsidize failure to obtain such a job).

The only way we cross the chasm without falling into an totalitarian abyss along the way, is a newly designed crypto-currency for the fledgling Knowledge Age that can resist attack by the State because the People implicitly (due to their self-interest in debt and subsidies) demand the State to maintain a monopoly on force.

Bitcoin can only serve the NWO because it does not have immutable qualities of decentralization and anonymity. You are hoping for a mass awakening (to defend Bitcoin and maintain its decentralization) but that is impossible because the individual self-interest of each of the People are misaligned with such global optimization.

[coinits]

You can never win with the masses. They will always be wrong, for as long as they demand to organize themselves in collectives.

The Internet is essentially the mass of masses. Extrapolate the audience averaging effect in the popular game show Who Wants to Be a Millionaire:

"But there’s a third option: You can use your “Ask-the-Audience" life line. You can poll the entire studio audience on the four possible answers, and their responses are instantaneously assembled into a bar graph. Invariably, this graph shows one overwhelming choice, and with rare exceptions the audience is right. “I’ll trust the audience,” you tell Regis. “Final answer.”

Good move. But why? No person in the audience is any more likely than you to know where grapes come from, yet the collective intelligence of the group is almost always a better bet than your best guess. Psychologists are very interested in this perplexing statistical phenomenon. If the crowd is always wiser than any individual, what does that say about the way knowledge is stored and arranged in our minds? And can it help us make better choices, even beyond game shows?

...

That’s actually what Vul and Pashler found when they ran the experiment. As reported in the July issue of the journal Psychological Science, the average of two guesses for any individual participant was better than either guess alone, regardless of the time between guesses. So polling the “crowd within” does indeed yield a statistically more accurate answer. What’s more, this internal crowd gets more independent-minded with time: Contestants who were asked to second-guess themselves three weeks later benefited even more by averaging their two guesses than did those who second-guessed themselves immediately. The psychologists speculate that the cognitive pull of the original answer loses its power and allows more mental flexibility over time."
http://www.psychologicalscience.org/onlyhuman/2008/06/polling-crowd-within.cfm

@vokain You have probably seen this already, but in case not: enjoy!
BBC - The Code - The Wisdom of the Crowd
https://www.youtube.com/watch?v=iOucwX7Z1HU

PS. Interesting how every single block size limit poll, since the first one in Feb 2013, has had majority support for the increase.

I assume both of you are smart guys.

So why do you commit this blatantly obvious category error of equating collective intelligence to the misalignment of priorities in the Iron Law of Political Economics?

I just can't fathom how you can't see that is proximately analogous (in terms of shared versus independent self-interest) to equating ant colonies to Tasmanian devils.

Let me translate that Iron Law into a form that is more easily appreciated:

Mancur Olson, in his book The Logic Of Collective Action, highlighted the central problem of politics in a democracy. The benefits of political market-rigging can be concentrated to benefit particular special interest groups and simultaneously distributed via debt to the population wherein each self-interested individual has the incentive to maximize his/her parasitic extraction from the collective, while the costs (in higher taxes, slower economic growth, and many other second-order effects) are diffused through the entire population (and often obfuscated and easily ignored as charged to the future generation in the form of debt).

This general model has consequences. Here are some of them:

Political demand for income transfers, entitlements and subsidies always rises faster than the economy can generate increased wealth to supply them from.

The equilibrium state of a regulatory agency is to have been captured by the entities it is supposed to regulate.

The only important class distinction in any advanced democracy is between those who are net producers of tax revenues and those who are net consumers of them.

Corruption is not the exceptional condition of politics, it is the normal one.

P.S. I have tried my best to teach this concept but it seems after 1000s of posts in the Economic Devastation and other threads, I still can't get readers to acknowledge that collective organization of humans suffers from a misalignment of priorities. That humans have big brains or that collective intelligence of humans is higher than for solitary humans is irrelevant.

that "Law" was constructed in the context of a debt-based fiat system in which money printing is central and of which Bitcoin is NOT.  hence, our optimism that we can change things for the better.  does optimism always have to be unrealistic?

The People demand fractional reserves debt. If you deny this fact, then let's go down that rabbit hole such as using the 1800s as an example where the People demanded debt from the private, decentralized banks. Otherwise I assume you accept this fact.

The State and its mandate to regulate legal tender exists because there is a power vacuum on which entity will regulate fractional reserves and backstop the economy when the fractional reserves periodically implode with the business cycle.

We had decentralized money in the 1800s and we can clearly see it ended with the bankruptcy of the USA wherein JP Morgan had to bailout the country (which led to the establishment of the Federal Reserve in 1913).

A power vacuum means that the system in decentralized mode can't squelch some undesired activity (e.g. counterfeiting a.k.a. fractional reserves) without some entity being given the monopoly on force (i.e. Max Weber's canonical definition of the State).

The regulation of fractional reserves is a collective power vacuum that will always exist under any technological paradigm including Bitcoin (unless we can argue that humans will no longer have use for debt).

Thus you have transposed (i.e. conflated) causality (cause and effect). The demand for centralized control over legal tender derives from individual self-interest that Bitcoin does not alter.

Thus Bitcoin is a power vacuum because it can't resist centralization and the People's self-interest in debt implicitly demands the State to maintain force over regulating finance.

I explained in the Economic Devastation thread that I think the demand for debt in the Knowledge Age may diminish, because I explained in great detail in one of my essays linked from the opening post of that thread that knowledge production can't be financed.

Our problem however, is that most humans are not ready to transition to the Knowledge Age work and they will continue to demand debt and Industrial Age jobs (or the government to subsidize failure to obtain such a job).

The only way we cross the chasm without falling into an totalitarian abyss along the way, is a newly designed crypto-currency for the fledgling Knowledge Age that can resist attack by the State because the People implicitly (due to their self-interest in debt and subsidies) demand the State to maintain a monopoly on force.

Bitcoin can only serve the NWO because it does not have immutable qualities of decentralization and anonymity. You are hoping for a mass awakening (to defend Bitcoin and maintain its decentralization) but that is impossible because the individual self-interest of each of the People are misaligned with such global optimization.

Monero solves all of the problems you describe. The new decentralized anonymous crypto already exists.

[TPTB_need_war]

Monero solves all of the problems you describe. The new decentralized anonymous crypto already exists.

No it has essentially the same centralization issues as all crypto-coins currently do.

Monero has one aspect of the anonymity (but I argue not even the adequate IP obfuscation, nor quantum computing resistance)

now that we have money types that can navigate around these monopolies

Which money can resist takeover by centralization?

Sorry I don't see any such money that exists, not even gold.

[coinits]

Monero solves all of the problems you describe. The new decentralized anonymous crypto already exists.

No it has essentially the same centralization issues as all crypto-coins currently do.

Monero has one aspect of the anonymity (but I argue not even the adequate IP obfuscation, nor quantum computing resistance)

now that we have money types that can navigate around these monopolies

Which money can resist takeover by centralization?

Sorry I don't see any such money that exists, not even gold.

You nor anyone on this planet can trace a Monero transaction unless the parties involved allow them to. That is anonymity. It is far from centralized. No one can tell how many Monero that I have accumulated, if any

[G2M]

P.S. I have tried my best to teach this concept but it seems after 1000s of posts in the Economic Devastation and other threads, I still can't get readers to acknowledge that collective organization of humans suffers from a misalignment of priorities. That humans have big brains or that collective intelligence of humans is higher than for solitary humans is irrelevant.

Perhaps, it's not something that can be taught.

Like, trying to explain that the pilonidal cyst one had suffered from decades ago was an artifact of evolution, the...contagion...that becomes a part of natural mental sight is something that can't be taught more than incrementally in a lifetime.

It would explain why people of all intelligence levels and backgrounds are drawn to your explanations.

Hey, call me a marxist you doofus!

coinits, his point was that the ip obfuscation will lead to knowledge of monero usage, and quantum computing resistance will lead to adequate transaction tracing. It's not 100% anonymity, which is why we've barely been able to convince anyone holding something as dumb as dash to drop their stash and pick up monero.

The centralization lies in the fact that mining relies on botnets. I mean did you even see the 4m hash that just up and left? that's almost a third of the network that had the basic ability any miner has to perform a tx witholding from the network, yet chose not to. It's like arguing because you don't have cancer, you're far from having cancer.

[TPTB_need_war]

Monero solves all of the problems you describe. The new decentralized anonymous crypto already exists.

No it has essentially the same centralization issues as all crypto-coins currently do.

Monero has one aspect of the anonymity (but I argue not even the adequate IP obfuscation, nor quantum computing resistance)

now that we have money types that can navigate around these monopolies

Which money can resist takeover by centralization?

Sorry I don't see any such money that exists, not even gold.

You nor anyone on this planet can trace a Monero transaction unless the parties involved allow them to. That is anonymity. It is far from centralized. No one can tell how many Monero that I have accumulated, if any

I am referring to centralization of mining and control over the blockchain and transactions. Monero and every other (at least PoW) crypto-coin is essentially the same as Bitcoin in this regard.

As for the orthogonal issue of anonymity, without IP obfuscation the NSA can most likely trace Monero transactions. You will notice smooth did not rebut me when I challenged him on that recently. Smooth may or may not (he seems to claim no strong guarantees) think I2P is sufficient, but he admits he can't prove that.

Also Monero is not quantum resistant, so we can assume that in perhaps 15+ years (according to IBM), all our saved secrets get cracked ex post facto.

Also there is another more dubious and esoteric issue with Monero's ring sigs, that I'd rather not delve into now.

Edit: Monero's other problem is there is not much demand to use it as a currency, thus afaik you have to cash out through Bitcoin (or fiat) thus in many scenarios reducing Monero to Bitcoin's attributes.

[TPTB_need_war]

It's not that people want what you think they want, you are making a judgment based on a technology that is being circumvented.

Whether or not a Knowledge Age could alter the incentives people had as serfs is irrelevant to the chasm in front of us on this reset, which Bitcoin does not have the immutable attributes to cross.

We get there with the collective wisdom of the crowd, not by a central authority, Bitcoin is just the last key to completing  the internet.

You are going to reeducate all the 60+ age Boomers (who dominate the political demographics in the West) how to become Knowledge Age workers and abandon their bankrupt retirement plans, all within the next 3 years which is the ETA for the cliff dive into the chasm?

Of course not.

The individual incentives of the People who are voting can not align with your vision of global optimization within the timeframe of the rapidly approaching event horizon of economic collapse and totalitarianism.

Edit: Oxford U. in 2012 predicted 47% of existing jobs would be displaced by automation within 20 years. Thus a majority of the working age population are not ready for the transition to a meritocratic Knowledge Age. Bitcoin can't accelerate this process of adjustment, thus the approaching chasm is unavoidable.

[coinits]

It's not that people want what you think they want, you are making a judgment based on a technology that is being circumvented.

Whether or not a Knowledge Age could alter the incentives people had as serfs is irrelevant to the chasm in front of us on this reset, which Bitcoin does not have the immutable attributes to cross.

We get there with the collective wisdom of the crowd, not by a central authority, Bitcoin is just the last key to completing  the internet.

You are going to reeducate all the 60+ age Boomers (who dominate the political demographics in the West) how to become Knowledge Age workers and abandon their bankrupt retirement plans, all within the next 3 years which is the ETA for the cliff dive into the chasm?

Of course not.

The individual incentives of the People who are voting can not align with your vision of global optimization within the timeframe of the rapidly approaching event horizon of economic collapse and totalitarianism.

Edit: Oxford U. in 2012 predicted 47% of existing jobs would be displaced by automation within 20 years. Thus a majority of the working age population are not ready for the transition to a meritocratic Knowledge Age. Bitcoin can't accelerate this process of adjustment, thus the approaching chasm is unavoidable.

There is no stopping the coming economic collapse. It can be delayed but not prevented. The mass populace will look to the governments and banksters to stop the collapse that they have engineered. The Hagealian Dialectic meal plan is serving sheep for dinner and it will be an all you can eat buffet.

The new Knowledge Age will never arrive in time because the vast majority do not want it. Also it you are thinking that today's youth will adopt the new paradigm think again. This generation of youth is the most brain dead comatose generation to ever come along. They've got smart Devices that allow them to air their life story on social media. They are a lost cause. They are slaves to the machine.

[rpietila]

Edit: Monero's other problem is there is not much demand to use it as a currency, thus afaik you have to cash out through Bitcoin (or fiat) thus in many scenarios reducing Monero to Bitcoin's attributes.

I think it is quite the contrary really.

I have used Monero for:

- wealth storage
- international payments and settlements
- denomination of contracts
- financial services eg options
- purchasing kitchen services, singing lessons, gym personal training, pizza, miscellaneous substances (5 "cash-like" things).

Random people are more eager to take Monero than Bitcoin in exchange for their services. I also am more interested to offer it because it's anonymous and so easy to use. It is self-evident that I will accept Monero in place of any other currency for all dues to me, in fact started this already nearly a year ago.

I don't get why you say there is no demand for XMR as currency.. for me it's more useful than Bitcoin, it can do all the same things but is private. This is not marketing, just an experiential fact.

[vokain]

It's not that people want what you think they want, you are making a judgment based on a technology that is being circumvented.

Whether or not a Knowledge Age could alter the incentives people had as serfs is irrelevant to the chasm in front of us on this reset, which Bitcoin does not have the immutable attributes to cross.

We get there with the collective wisdom of the crowd, not by a central authority, Bitcoin is just the last key to completing  the internet.

You are going to reeducate all the 60+ age Boomers (who dominate the political demographics in the West) how to become Knowledge Age workers and abandon their bankrupt retirement plans, all within the next 3 years which is the ETA for the cliff dive into the chasm?

Of course not.

The individual incentives of the People who are voting can not align with your vision of global optimization within the timeframe of the rapidly approaching event horizon of economic collapse and totalitarianism.

Edit: Oxford U. in 2012 predicted 47% of existing jobs would be displaced by automation within 20 years. Thus a majority of the working age population are not ready for the transition to a meritocratic Knowledge Age. Bitcoin can't accelerate this process of adjustment, thus the approaching chasm is unavoidable.

There is no stopping the coming economic collapse. It can be delayed but not prevented. The mass populace will look to the governments and banksters to stop the collapse that they have engineered. The Hagealian Dialectic meal plan is serving sheep for dinner and it will be an all you can eat buffet.

The new Knowledge Age will never arrive in time because the vast majority do not want it. Also it you are thinking that today's youth will adopt the new paradigm think again. This generation of youth is the most brain dead comatose generation to ever come along. They've got smart Devices that allow them to air their life story on social media. They are a lost cause. They are slaves to the machine.

I find your lack of faith disturbing...
https://m.youtube.com/watch?feature=share&v=fW8amMCVAJQ


And, whose generation did my generation have to be parented from again? 

[coinits]

It's not that people want what you think they want, you are making a judgment based on a technology that is being circumvented.

Whether or not a Knowledge Age could alter the incentives people had as serfs is irrelevant to the chasm in front of us on this reset, which Bitcoin does not have the immutable attributes to cross.

We get there with the collective wisdom of the crowd, not by a central authority, Bitcoin is just the last key to completing  the internet.

You are going to reeducate all the 60+ age Boomers (who dominate the political demographics in the West) how to become Knowledge Age workers and abandon their bankrupt retirement plans, all within the next 3 years which is the ETA for the cliff dive into the chasm?

Of course not.

The individual incentives of the People who are voting can not align with your vision of global optimization within the timeframe of the rapidly approaching event horizon of economic collapse and totalitarianism.

Edit: Oxford U. in 2012 predicted 47% of existing jobs would be displaced by automation within 20 years. Thus a majority of the working age population are not ready for the transition to a meritocratic Knowledge Age. Bitcoin can't accelerate this process of adjustment, thus the approaching chasm is unavoidable.

There is no stopping the coming economic collapse. It can be delayed but not prevented. The mass populace will look to the governments and banksters to stop the collapse that they have engineered. The Hagealian Dialectic meal plan is serving sheep for dinner and it will be an all you can eat buffet.

The new Knowledge Age will never arrive in time because the vast majority do not want it. Also it you are thinking that today's youth will adopt the new paradigm think again. This generation of youth is the most brain dead comatose generation to ever come along. They've got smart Devices that allow them to air their life story on social media. They are a lost cause. They are slaves to the machine.

I find your lack of faith disturbing...
https://m.youtube.com/watch?feature=share&v=fW8amMCVAJQ


And, whose generation did my generation have to be parented from again? 

LOL I rest my case.

[coinits]

and for the grand finale I give you this

http://www.infowars.com/tech-zombie-crashes-into-car-while-texting-then-continues-texting-while-lying-injured/

[thelibertycap]

not sure if posted or well known already - but unsurprisingly there is a next gen tor network under development called Astoria:

http://www.dailydot.com/politics/tor-astoria-timing-attack-client/

[vokain]

It's not that people want what you think they want, you are making a judgment based on a technology that is being circumvented.

Whether or not a Knowledge Age could alter the incentives people had as serfs is irrelevant to the chasm in front of us on this reset, which Bitcoin does not have the immutable attributes to cross.

We get there with the collective wisdom of the crowd, not by a central authority, Bitcoin is just the last key to completing  the internet.

You are going to reeducate all the 60+ age Boomers (who dominate the political demographics in the West) how to become Knowledge Age workers and abandon their bankrupt retirement plans, all within the next 3 years which is the ETA for the cliff dive into the chasm?

Of course not.

The individual incentives of the People who are voting can not align with your vision of global optimization within the timeframe of the rapidly approaching event horizon of economic collapse and totalitarianism.

Edit: Oxford U. in 2012 predicted 47% of existing jobs would be displaced by automation within 20 years. Thus a majority of the working age population are not ready for the transition to a meritocratic Knowledge Age. Bitcoin can't accelerate this process of adjustment, thus the approaching chasm is unavoidable.

There is no stopping the coming economic collapse. It can be delayed but not prevented. The mass populace will look to the governments and banksters to stop the collapse that they have engineered. The Hagealian Dialectic meal plan is serving sheep for dinner and it will be an all you can eat buffet.

The new Knowledge Age will never arrive in time because the vast majority do not want it. Also it you are thinking that today's youth will adopt the new paradigm think again. This generation of youth is the most brain dead comatose generation to ever come along. They've got smart Devices that allow them to air their life story on social media. They are a lost cause. They are slaves to the machine.

I find your lack of faith disturbing...
https://m.youtube.com/watch?feature=share&v=fW8amMCVAJQ


And, whose generation did my generation have to be parented from again? 

LOL I rest my case.

You miss my point. We have a responsibility to each other, yet you are attempting to  continue perpetuating an us vs. them mentality.

[coinits]

It is an 'Us' versus 'Them'. You need to accept that as fact.

[vokain]

It is an 'Us' versus 'Them'. You need to accept that as fact.

I accept my freedom to opt out of that kind of thinking.