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Author Topic: [SKY] Skycoin Launch Announcement  (Read 379111 times)
iamback
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February 17, 2015, 07:38:31 AM
 #1701

If there is a fork in the chain, it just copies the transactions over from the other chains.

PoW can do this too and (probably) with similar limitations.

Bitcoin is doing 100 million dollars a day transaction volume. Total transaction volume in Bitcoin is about 200,000 Bitcoins. Bitcoin has transaction malleability, this means that if someone 51% attack and rolls back transactions in the last hour, then about 4 million dollars and 10,000 Bitcoin in transactions balances will be screwed up. A rollback attack going back 24 hours could be 100 million in damages and up to 200,000 Bitcoins. An attacker can roll back any transaction in Bitcoin.

I had linked to the math of my solution to short-term (rented hardware) 51% attacks for PoW. Long-term 51% attacks are not a threat, because the community will organize against them politically.

The Skycoin consensus algorithm and the ledger are separate. The consensus system is modular and can be swapped out. If there is a better algorithm five years from now, we can just swap out the consensus for the new one. The ledger and coin balances will be completely unchanged.

Ditto for PoW altcoins, so why not start with PoW first since it is more proven?

If you are counting on the consensus algorithm driving adoption of your coin beyond a limited set of hardcore zealots, I think you have not done your marketing research.

Also I have some mathematical intuition that avoiding the 51% attack will always tradeoff security in another facet.

It is 100% true. There are severe tradeoffs. There are tradeoffs, faster consensus times for Skycoin type relational consensus means that a smaller number of nodes are required to DDoS the network. However, people can react and remove the nodes from their trust lists.

There will be issues and they will need to be worked out.

Exactly.

Skycoin
- fixes existing problems with Bitcoin
- future proofs Bitcoin
- eliminates the death spiral conditions that Bitcoin has engineered in

Yawn. This is an example of how to NOT do marketing communication.

For #1. If people are not using it because it is useful and because It meets a need they have, then its useless and no amount of marketing will ensure adaption.

...

Bitorrent did not succeed because it was the best marketed program.

Correct except you seem to not understand that marketing research is part of the process of making sure your product fulfills critical need in the market. Marketing is not about hyperbole salesmenship. Marketing is about research, planning, and strategy.

- Why would someone use Bitcoin over using a credit card?
- Why would someone use Bitcoin over fiat, when a stable currency like USD is available?

Cool That is marketing.

The way I see people using Bitcoin, the new users and how they trade back and forth between Dogecoin, Litecoin and Bitcoin and thrive on volatility suggests a gambling, fantasy football like behavior rather the use of Bitcoin/alts as a tool for facilitating real economic exchange or production.

One man's game is another man's profession. Any activity that people spend money on is bonafide, but we also have to ask is it sustainable (e.g. productive).

Look at Skycoin Coinjoin

CoinJoin doesn't scale and/or it leaks anonymity (e.g. to the masternodes). It is not an autonomous block chain mixing thus it is inferior to one ring signatures. One time ring signatures can be implemented to be prune-able.

Bitcoin and Dogecoin are the only assets that the government cannot seize.

I disagree. The governments can regulate  (51% of the network hashrate) the non-anonymous miners, then they can control which traceable coins can not transact.

When you are ready to get serious, send me your BitMessage public key.

Password scrambled, ACCOUNT IS NO LONGER ACTIVE. Formerly AnonyMint, TheFascistMind, contagion, UnunoctaniumTesticles.
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February 17, 2015, 08:51:58 AM
Last edit: February 17, 2015, 09:23:51 AM by skycoin
 #1702

This is a good article by ChompyZ about what a professional virus/trojan for stealing Bitcoin would look like
- http://arstechnica.com/security/2015/02/how-omnipotent-hackers-tied-to-the-nsa-hid-for-14-years-and-were-found-at-last/

This is an article about the "computer health certificate" you will need to connect to the new Obamanet (no offense to Obama)
- http://www.networkworld.com/article/2227388/microsoft-subnet/microsoft-proposes-each-pc-needs-a-health-certificate-or-no-net-access-allowed.html
- Microsoft Proposes Each PC Needs A Health Certificate or No Net Access Allowed
- "Whose software gets access to your data to scan your computer for good health?"
- Microsoft plans to advocate for legislation and policies to help advance the model in a way that "advances principles supporting user control and privacy."

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February 17, 2015, 11:21:15 AM
 #1703

plz join forces
iamback
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February 17, 2015, 11:21:41 AM
 #1704

skycoin, you need to begin some where. Rome wasn't conquered in one day. There is one thing that needs to be created that is much more realistic and more needed than any other.

Decentralized crypto-currency is mostly a lie at this time (you want to dig into all the detailed pitfalls?). Coming to that realization was sort of depressing but necessary in order to get my priorities sorted. And getting from here to where we need to be isn't going to be accomplished in one chess move.

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February 17, 2015, 11:52:24 AM
 #1705

plz join forces

I agree. the crypto doom porn is irresistable.
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February 17, 2015, 12:13:26 PM
 #1706

plz join forces

I agree. the crypto doom porn is irresistable.


incorporating too many conflicting opinions into a single project is not a good idea.
skycoin
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February 17, 2015, 12:41:44 PM
Last edit: July 05, 2017, 05:22:27 AM by skycoin
 #1707

The fact that it is a meshnet/darknet and messaging system, comes for free. Its just a very stripped down version of Multiprotocol Label Switching in a cryptographic namespace. It also replaces BGP and the whole thing is 2000 lines.

The government has been trying to push BGPSEC to replace BGP. The internet is currently a network of independent networks peered over BGP. BGPSEC replaces the peer-to-peer internet with a hierarchical central certificate authority. It allows the government to use court orders to shut off internet traffic for non-compliant hosts.

Here is my post from Oct 2010 on the BGPSEC threat:

http://goldwetrust.up-with.com/t112p90-computers#3789


You are a visionary. I am reading your posts from years ago. You have predicted everything that happened and outlined the future ten years out. I should be working, but spent last ten hours going through you post history and links.

You right about the mining cartels. Once the top 80% of miners get together, they will start to ignore the blocks of smaller miners and it is profitable for them to try to orphan the blocks for pools outside of the cartel. People will be upset at first, but over time they will get used to it.

This is the time between orphaning injection and the willing block injection averages about 300 seconds.



P2Pool type technologies threaten to redecentralize Bitcoin mining and cut into ability of pools to siphon off hash rate and extract a 4% fee. Unless the Bitcoin protocol is changed to a P2Pool style protocol, mining will be monopolized. There should be public pools (to monitor the pools for orphaning blocks intentionally) and the shares generated by pool should be public.

However, this will never occur for the reasons you stated.

---

capital can't buy knowledge because thought isn't fungible - AnonyMint

Put Coinbase and Bitpay together and you have both the consumer and the merchant, you don't need the block chain any more. Also the mining is already centralized. How much more obvious could it be? - AnonyMint

You are expecting the less likely threat, because the power elite don't shutdown what is popular, they find a way to own it. - AnonyMint

We should not keep flaws that we know about, which clearly open the door and beg for monopolization.  - AnonyMint

I am thinking about what advantage does Coinbase + Bitpay have over Paypal?  The key is that the consumer pays the fees instead of the merchant. - AnonyMint

Bitpay (a BTC facade on fiat payment) is growing faster than Bitcoin adoption - AnonyMint

---

Quote
On one hand you have merchants using Bitpay.  These merchants don't want to hold BTC.  They convert it to fiat before it touches their account.  They are BTC sellers. On the other side you have hoarders who don't wanna to spend BTC because they are buying it for speculation. As more merchants accept BTC thru Bitpay; this creates an asymmetry of sellers over buyers.   This puts a lot of selling pressure on BTC driving the price down.

Yes. Bitpay is draining money out of Bitcoin. Merchants are not holding the Bitcoin and its causing capital outflows and driving down Bitcoin price. Every dollar spent through Bitpay, is a dollar in Bitcoin sold, driving down the price.

Bitcoin price is being driven down by
- early investors cashing out
- people buying goods with Bitpay
- miners selling 1 million dollars of newly created coins per day, to pay electricity/hardware costs
- scammers and thieves who have stolen Bitcoin, cashing out (MtGox coins)

Bitcoin price is being drive up by
- speculators buying into the coin

Its very important that Skycoin avoids as many of the capital outflows as it can. It is also very important that Skycoin creates new sources of capital inflows that are not pure speculation and hot money.

Quote
The bigger threat is the government will not shut it down, but rather embrace, help it grow, and control it so they can turn off your ability to eat individually if they don't like you - AnonyMint

Yes. If merchant is using Bitpay or a merchant has to satisfy KYC requirements under regulations, it forces all the payments through Bitpay.  The system becomes as centralized as the system it was designed to replaced. They can still blacklist your social security number and shut off your ability to spend your Bitcoin or withdraw money. Bitcoin does not affect the ability of government to implement Operation Chokepoint in the US. It does not stop government or private companies from linking and tracking every transaction a person makes.

Under Operation Chokepoint, they put your social security number on a list and all your bank cards, credit cards stop working. You are completely cut off from the financial system. Your employer will be required to deposit money into your account electronically, but you wont be able to access it. You will not be able to get access to your cash or even buy food without a 3rd party helping you.

Bitcoin has already recentralized to the point that it no longer no circumvents these capacities.

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February 17, 2015, 02:39:26 PM
 #1708

this thread is getting more and more interesting
chompyZ
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February 17, 2015, 04:34:20 PM
 #1709

I am not dismissing without having a reason for doing so.

I do not care the least about your self-image or past accomplishments.
I wouldn't judge you better or worse if you had claimed to be the messiah...
All I care for are objective attributes - logic, rational, knowledge, ideas, vision and progress.

I might disagree with you, but I respect your knowledgeable/ rationally structured input.
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February 17, 2015, 05:39:55 PM
 #1710

plz join forces

I agree. the crypto doom porn is irresistable.


incorporating too many conflicting opinions into a single project is not a good idea.

Agreed. Focus is essential.

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iamback
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February 17, 2015, 06:43:02 PM
 #1711

All I care for are objective attributes - logic, rational, knowledge, ideas, vision and progress.

I might disagree with you, but I respect your knowledgeable/ rationally structured input.

This is a good article by ChompyZ about what a professional virus/trojan for stealing Bitcoin would look like
- http://arstechnica.com/security/2015/02/how-omnipotent-hackers-tied-to-the-nsa-hid-for-14-years-and-were-found-at-last/

That is a very long and detailed article.

My pleasure to become acquainted with you.

I've been away from analyzing crypto-currency issues for the past few months, so I will need to reload the technicals in my mind, so that my posts will be more focused and astute. I began that process last night by running the various design options and issues through my mind while eating my dinner.

P.S. It is unlikely that any of us would remain anonymous to the NSA if we were developing a serious altcoin. I think we need to be realistic about that.

Password scrambled, ACCOUNT IS NO LONGER ACTIVE. Formerly AnonyMint, TheFascistMind, contagion, UnunoctaniumTesticles.
iamback
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February 17, 2015, 07:03:21 PM
Last edit: February 18, 2015, 04:42:51 PM by iamback
 #1712

His model is ad-hoc, has too many variables and it works but you dont need more than nine variables.

Let's not lose too much time to somewhat off-topic tangents, but I just want to interject that Armstrong's model gives daily, weekly, and monthly trading information for numerous asset classes and even political economic issues. And the model has correlated repeating cycles (of human and nature) throughout recorded history. So he is able to make very time specific predictions, such as predicted the top of the Japanese stock market to the day and predicted the closing price of oil for Dec 31 2014.

The government insurance pool will be underfunded and forced to do death panels and deny coverage for necessary medical procedures, like what is happening in the veterans affairs scandal.

I wrote similarly recently:

...

This downward spiral for example reached genocide in Nazi Germany, because Hilter's Universal Health Care couldn't be funded, thus Goebbels created the propaganda excuse to exterminate the Jews, handicapped, etc.. The very wealthy can escape to alternative citizenships and position their investments and capital outside of harm's way. The middle class is trapped. (Note the USA will break up once the stage of violence is reached, and will not proceed to the abyss of genocide for those who have guns and/or organization. Those who don't have guns and remain within the bankrupt socialism cancer may experience eugenics, especially assisted suicide will probably become an option in the Obamacare at some point)

Note my salient point (in my prior post) that the USA has a large productive private sector yet also a large underbelly. This implicates the USA is the most dangerous in terms of what is coming because it has to expropriate to fund that underbelly and it has the military and NSA might to do so...a wounded Godzilla is more dangerous than a healthy mouse...

Here is Armstrong's post about that scandal:

http://armstrongeconomics.com/2014/05/21/21188/


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iamback
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February 17, 2015, 08:55:43 PM
Last edit: February 18, 2015, 04:44:27 PM by iamback
 #1713

Skycoin, I am guessing you need to snap out of a "single minded" paranoia and depression, so you can make more objective design and feature decisions. I think I can help you (have more balance) with this, as well sharing some appreciation for the paranoia. But it remains to be seen what is the chemistry between us if any. If you are interested, please contact me in BitMessage (send me a BitMessage public key in a private message) so we can discuss more openlycandidly than I am willing to in public.

Gold price wont increase. Bitcoin wont increase. By the time this starts, the capital flows get cut off and there will be no money or capital inflows left to pump into the assets. All capital flows will get sucked in by extraction and a cratering economy. There will not be any hyperinflation. The prices may not increase until the chaos settles and economic growth resumes.

I roughly agreed with everything you had written, except for the clarification on Armstrong's model complexity, and I disagree with the above quote.

What you wrote is true only if we collapse into a Dark Age, where only food becomes money as was the case in Western Europe after the fall of Western Rome and also in Japan.

It is very unlikely we will collapse into a global Dark Age, because as I have explained, Asia is not burdened by large government liabilities and thus the wealthy will shift their capital there. Ditto during the fall of Western Rome, the Byzantine Empire rose.

I don't think there is an example of a global Dark Age in the history of mankind?

Afaics, this exemplifies why you need a very smart collaborator. You appear to be exceptionally smart in the math realm (I will need to confirm), but you are not "Big Picture" perfect. Genius is the ability to exclude the irrelevant from the relevant factors.

However, I also agree "too many cooks can spoil the pot". So focusing and choosing limits of whom and what to discuss is also essential. Self-discipline is essential to success (was a trait I had in spades when I succeeded and that I didn't exhibit in my times of waffling and no results).

During a crisis, there will be a shortage of capital inflows into financial assets.

The crisis in the rest of the world is driving capital flows into the USA which is driving up the dollar, USA high end real estate, and US stocks. This is Armstrong's capital flows model. This flow will apparently peak in 2016 or 2017, and the shift towards non-aligned, moveable Private Assets (gold, collectibles, Bitcoin) will accelerate.

There will be a decline in the rule of law and ability to enforce property rights. If you can generate income from real assets, you will be limited in your ability to keep that income.

Agreed that will become increasingly the case in the West, but Asia is headed the opposite direction.

I understand the elite in China and Russia have an incentive to align with the elite in the West in terms of creating a Technocracy slave model. But I want you to understand my model is the "bottom up is rising"[1].

The advantage of gold and bitcoin, is that the value endures the crisis until things settle. I cannot see a fundamental reason why their value would go up during the crisis or immediately afterwards, from a capital inflow perspective.

Because you are oversimplifying and not entertaining enough variables. The entire world is not monolithic.

Also you seem to fall into the typical Western trait of seeing everything as a straight line and not as cycles.

  • http://armstrongeconomics.com/models/

    Quote
    In Asia cycles are part of the religion. Richard E. Nesbett wrote a good book entitled “The Geography of Thought, How Asians and Westerners Think Differently … and Why.” He attributed his work to a Chinese student who said: “You know, the difference between you and me is that I think the world is a circle, and you think it’s a line.” He goes on to quote him:

    Quote
    “The Chinese believe in constant change, but with things always moving back to some prior state. They pay attention to wide range of events; they search for relationships between things; and they think you can’t understand the part without understanding the whole. Westerners live in a simpler, more deterministic world; they focus on salient objects or people instead of the larger picture; and they think they can control events because they know the rules that govern the behavior of objects.”

    Indeed, there is a substantial difference between the thinking process in Asia compare to the West. It is our goal to open your mind, and above all else, make you wide before your time. Understanding that the entire universe is constructed on a cyclical model where there are even 4 seasons, is the primary step in realizing that there is a whole new way of looking at the world, the economy, and life waiting to be discovered.
  • http://armstrongeconomics.com/2015/02/11/china-moving-to-replace-usa-as-financial-capitol-of-world/

    Quote
    China will become the new Financial Capitol of the World as the West destroys themselves with raising taxes to fund impossible governmental consumption of wealth. The simple math shows the West cannot possibly survive the conclusion of this Private Wave in 2032. China uses and believes in cycles. The West believes only in a straight line.
  • http://armstrongeconomics.com/2014/04/04/china-adopted-our-capital-flow-models/

    Quote
    Yes, I met with China directly and they had a printed copy of everything I ever wrote and read it. This is why they also came out and stated “we need each other” to the USA. That is a reflection of understanding capital flows and China will be the next financial capital of the world because the West is still defending Marxism.

    http://armstrongeconomics.com/2013/03/04/china-moving-closer-to-floating-yuan/

    Quote
    People’s Bank of China (PBOC) will abandon a time-table approach to liberalizing China’s capital controls. Instead, they are adopting a series of reforms tied to dramatically rising foreign demand for yuan. This demand is rising as the US and Europe hunt down capital and are forcing banks to disclose everything everyone is doing to squeeze every last half-penny out of the private sector they can. This is shifting capital to Asia where the long-reach of the taxman does not stretch.

    China is smart for when I was invited to Beijing to meet with the Central Bank during the 1997 Currency Crisis, I was deeply impressed that I was meeting with traders – not academics. China had sent their people to work on foreign exchange dealing desks around the world. I was surprised to have been asked to fly to Beijing since I was not an academic. To my shock, I was confronted with traders and they were light-years ahead of the academic curve.
  • http://armstrongeconomics.com/2013/05/02/asian-see-thing-in-cycles/

    Quote
  • For lack of a place to post this self-aggrandizing post, I torture readers here.

    Armstrong has written about my T.O.E. which models fundamental matter as cycles:

    http://armstrongeconomics.com/2015/02/16/time-the-fourth-dimension/
  • Back on the topic of technological unemployment, Armstrong has mirrored the essay I wrote in 2012 or 2013:

    http://armstrongeconomics.com/2015/02/10/the-risk-of-artificial-intelligence/

    http://unheresy.com/Information%20Is%20Alive.html

    He is correct that entropy (randomness) of a program is limited to its author, which was my point.

    Within our field of expertise we are smarter than Bill Gates, Stephen Hawking, Elon Musk, Bill Joy, and Ray Kurzweil (among many other incorrect Malthusians).
    On the subject of AI, if biological intelligence is possible, what would preclude machine intelligence from being possible? I think it's rather early to suggest that strong AI is impossible, considering that we don't even fully understand how the human brain works.

    Sigh. You are entirely missing the point of entropy. How the brain works has nothing to do with the fact that every human brain is unique, because it's creator (procreation) was unique.

    We can program a computer to emulate any task we can define. But we can't give a single computer the same collective entropy of the human race. In other words, each computer program will be a reflection of it's creator and thus not omniscient. Computers can't become all knowing any more than one human can't become all knowing, because each human is unique and will do random actions, thoughts, emotions, etc.. It is this entropy which gives the human race resiliency for there is one or more humans able to adapt to each unique situation.

    Think about this. That evolution is slow and humans are slower than computers, is what enables the entropy to be greater. The smorgasbord has to simmer in the pot to produce the high entropy offspring of not only the genome but also the environment.

    Think about this. Because the speed-of-light is not infinite, it is impossible to be omniscient because remote information can't transfer in real-time to a single observer, i.e. an omniscient computer is impossible (incongruent with the fundamental structure of the universe). I made this point numerous times in my blog (<--- must read) and my other past writings.

    My blog explains why without friction (non-infinite speed-of-light) the past, present, and future would collapse into a single point in time, and we would not exist. Cycles (periodic waves) are a required outcome of friction. I cover that in my linked blog. This is why Armstrong's cyclical models are possible (the fundamental matter of the universe is periodicity).

    I (as AnonyMint) had a debate about this in the "No Money Exists Without Majority" thread.

You need to learn to respect the maximum division-of-labor and not try to do everything yourself. Armstrong expended his entire life and $100+ million on data, so it is better to leverage his model than try to create your own.

Focus on what you are most skilled and can bring to the market pronto.

But also don't try to work with everyone simultaneously. This is too dilutive to your time and focus. There is a right time to work with others. There must be a priority queue.


[1]
CoinCube I have a different model of what is fundamentally changing, which is why I see China continuing to rise and Shanghai become the new New York of the financial world by 2032.

You are modeling top-down metrics, e.g. the quality of the governance. I assert that we are moving into peaking government and top-down, debt-driven economies. What is rising to take it's place is the chaotic, leaderless, bottom-up Private sector. This is Armstrong's 51.6 year Private wave which will complete by 2033. Asia has governments which are 15 - 25% of the GDP versus 50 - 75+% in the West (and the West is in a cancerous spiral that will drive that figure closer to 100% before violence and break up of government ensues).

http://armstrongeconomics.com/2014/12/04/china-surpassed-usa-as-largest-economy-by-output/


China has transitioned from a fully state micro-managed economy to a predominantly (75%?) decentralized bottom-up economy with the Communist Party only about 20 - 25% of GDP versus the Communist Party in the USA (Democrats and Republicans) being 50 - 75% of the economy (as I had extensively documented in prior posts). In the new China, you don't raise your head above the poppy seeds, and you are left alone to do bottom-up capitalism.

Singapore is rising to be the London of the new financial world after the West collapses. Meaning more on banking and a haven for the wealthy. Singapore's population is small and it's domestic economy is not as significant as it's role as a banking and transshipment hub (to hide profits from the Communist Party).

The top-down Communist Party is withering. The bottom-up (decentralized) capitalist economy is rising in its place. Decentralized crypto-currencies can rise along with this process if they are targeted to the correct expanding markets (not overtly[1] to anonymity which is probably unrealistic and targets those who want to store static capital that doesn't move and expand the GDP).

Here in the Philippines the government is small and underfunded (only 16% of GDP), so you do what you want, even drive on the "illegal" side of the road and ignoring building permitting process if not in the city center, etc..

Don't miss the boat (or airplane or train). Trajectory is important. Don't stay stuck in the decadent West too long. Milk it while you can, but formulate a plan for the future and your children. The transition in the USA to a break up into productive and unproductive sectors is going to be lethal and impoverishing. Better to leave and come back after the fireworks. That is my plan.

Singapore has very highly rated schools. If prefer a more Western culture that is aligned with Asia, then Australia and New Zealand come to mind, but emigration is expensive there. There is actually another option for emigrating to some other countries which doesn't require any money. PM me if you want to know. I won't be answering others who ask me, sorry.

Example of Chinese research:

http://armstrongeconomics.com/2015/02/09/we-may-now-live-for-200-years-omg-we-really-need-political-reform/

[1] Anonymity by default (and optional) in crypto-currency that is not touted as its main feature might be tenable, and actually may be necessary to avoid the debilitating issue of tainted coins (destroys fungibility which is a critically required property of currency). I am still analyzing this from a technical, political, and marketing perspective.

I was aware of Quinn, and he is spot on correct and a much superior writer than me. I never claimed to be gifted in the literary realm (85 - 90% percentile only on standardized test, 99+% percentile in the abstract realm).

He and our comments have also missed the fact that even those not suffering from those impulses, are financially complicit (and historically bound) in the decadent system and thus also biased towards not recognizing this reality.

As the USA was expanding as an industrial powerhouse, with the Mississippi river and the canals and rivers from the East coast, along with coasts on both the East and West hemispheres giving it a geographical advantage in physical trade over Europe, Asia, and Africa, then we needed this low education workforce. Now the low-IQ melting pot has become an albatross, and especially as we move into the Computer Age where tangible goods are devalued.

Even very smart Americans have not accepted that geographical fluke has reached the end of its utility, and that the ideals they were ingrained with (e.g. pay your fair share for a better society) is exactly what is going to cause the spiral into the abyss (until they wake up due to pain and start the shooting wars to break up the USA into non-productive 3rd world and productive regions).

When Google moves its main office to Asia or is superseded by an Asian internet company, that will be a watershed event that confirms the end of the USA empire. One of the founders of Facebook already gave up his USA citizenship and attained Singaporean citizenship. And he paid a huge tax penalty in order to do that sooner rather than delaying.

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February 17, 2015, 09:18:22 PM
 #1714

So now that is enough posting here. I hope everyone can see why valuable time can be lost trying to convince others to adopt a certain perspective. People instead tend to surround themselves with "yes men" who support their existing perspective and thus often do not maximize their success.

If Skycoin is interested to discuss specifics, we can talk in BitMessage. Otherwise, I need to move on. My best wishes to all.

Password scrambled, ACCOUNT IS NO LONGER ACTIVE. Formerly AnonyMint, TheFascistMind, contagion, UnunoctaniumTesticles.
systim
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February 17, 2015, 09:34:49 PM
Last edit: February 17, 2015, 09:56:00 PM by systim
 #1715

Wtf skycoin. Just private message him And discuss ideas. It's better than being the solo developer with no help

How you gonna hire anyone or attract any developers by being so stubborn

So far it just appears to be just you, no one else
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February 17, 2015, 09:35:45 PM
 #1716

My dream team would be mr. Skycoin + AnonyMint no doubt. Wink

I just fear both are too perfectionists to get a project actually completed unless it's just perfect, and nothing ever will be.
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February 17, 2015, 10:10:59 PM
 #1717

My dream team would be mr. Skycoin + AnonyMint no doubt. Wink

I just fear both are too perfectionists to get a project actually completed unless it's just perfect, and nothing ever will be.

You misinterpreted my criticisms of other altcoins as being a perfectionist on shipping code. I ship first, perfect later. I don't mean ship buggy code, I mean perfect the feature set later. I am very perfectionist about shipping quality code, but I prefer to focus on a narrow set of initial goals. My comments about other altcoins were critical about trajectory and priorities.

I prefer to focus on one killer feature that drives adoption, than to deliver a complete product that does every feature imagined to be important yet really aren't essential.

P.S. I am not trying to pressure Skycoin. I was asked to comment here, so I did. I offered that there might be a potential for us to work together, but we would need to cover a smorgasbord of issues in private discussion to determine if we have that synergy or not.

Note it is quite typical for programmers to want to have control and protect their baby and objectives. And sometimes there is justification for it. Any way, this is an example what we can cover in private discussion if ever.

Password scrambled, ACCOUNT IS NO LONGER ACTIVE. Formerly AnonyMint, TheFascistMind, contagion, UnunoctaniumTesticles.
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February 17, 2015, 10:15:11 PM
 #1718

My dream team would be mr. Skycoin + AnonyMint no doubt. Wink

I just fear both are too perfectionists to get a project actually completed unless it's just perfect, and nothing ever will be.

You misinterpreted my criticisms of other altcoins as being a perfectionist on shipping code. I ship first, perfect later. My comments about other altcoins were critical about trajectory and priorities.

I prefer to focus on one killer feature that drives adoption, than to deliver a complete product that does every feature imagined to be important yet really aren't essential.

Ship first ship first
one killer Feature first , please listen skycoin
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February 17, 2015, 11:12:47 PM
 #1719

Quote
But let's step back and look at things objectively: Satoshi's major contribution isn't Bitcoin but blockchain technology in the same way as James Watt's contribution to technology is the steam engine with rotary motion as a general concept and not that specific 10-horsepower model that he initially patented and that back then was perceived to be his invention and was expected to take over locomotion globally. A few hundred years later nobody remembers that specific engine model he submitted and we are not even using steam powered vehicules anymore but everyone remembers James Watt as the guy who figured how to convert steam power into rotary motion and enabled a new era of mass transportation. So these people who feel outraged at the idea that Satoshi's invention is being riped off by copycats and Satoshi's credit and legacy diluted, don't worry: although it may seem from our current perspective that so called alternate currencies are parasites and that Satoshi's original invention is being abused and wronged somehow, it will appear in hindsight that this frustrating invasion of alternate currencies was indeed the path chosen by technological evolution that made it possible for blockchain technology to prevail eventually.

Technology as the extension of evolution in human realm will seek to fill any gap that would allow for improvement. We know that a faster transaction network is possible. We know that a transaction network with more bandwidth is possible. We know that a transaction network consuming less resources is possible. We know that a transaction network with more features is possible. We know that a transaction network more fit to existing global financial ecosystem is possible. And we know that technological evolution / progress will ensure that what is possible actually occurs. We therefore all know that a transaction network with faster transaction time, larger bandwidth, lower resources consumption, larger features set and more fitness to current ecosystem is bound to emerge and replace Bitcoin. Although this is a difficult truth to look at, convinced as we are that this would somehow be some betrayal to Satoshi's legacy, this is nonetheless the truth and history will show that no matter how many iterations and what the final form blockchain technology will take, Satoshi will forever be celebrated as the man behind this revolution.

The bottom line as far as this thread is concerned is that although blockchain technology has entered our technological genome for good, Bitcoin as its first instance is not here to stay and will necessarily be replaced by more advanced designs. I will not venture to speculate on timelines or the identity of possible contenders and it is very possible that the currency that will overtake Bitcoin hasn't been incepted yet but a quick look at market capitalizations will nonetheless confirm beyond doubt that the relative market share of Bitcoin is shrinking and prompt objective observers to realize that Bitcoin is losing ground.

Upon this realization, investors would be wise to start analyzing the market and consider hedging when they perceive that a viable contender has entered the market and appears to be gaining ground.

via freequant

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February 18, 2015, 12:59:56 AM
 #1720

we are doomed, iamback got ignored
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