Author Topic: Liberal---Conservative  (Read 2353 times)

Offline Baruch

Re: Liberal---Conservative
« Reply #90 on: September 07, 2020, 06:07:59 PM »
Maybe someday bitcoin or some other crypto/block chain will replace fiat money and central banks, but for now it seems like a pyramid franchise. Some people made a killing and sold out for good ole greenbacks.

Bitcoin?  Mt Gox and many other embezzlements.  FBI seizing e-money as part of anti-criminal raids.  Vladimir Putin supports Etherium.  Spare electricity generation in China used to mine Bitcoin?  It will work as part of institutional transfers ... but not for the public.  This isn't a game changer at that level.

If you have very verifiable money transfers, governments like that, not that will stop money laundering, because the governments are the chief money laundromat.  But it gives them better control over organized crime (which works for them).  Real Mafiosi settle accounts by trading stolen Old Masters, or with bullets ... no transparency.

The data format is a chain of non-deniable encrypted book entries that go back to the Creation.  That gets unwieldy with a trillion consumer transactions per day.  Just like the Internet-of-Things (small packets) requires infinite bandwidth.  Universal e-currency (with every packet getting constantly larger) also requires unlimited storage and processing power.
« Last Edit: September 07, 2020, 06:13:05 PM by Baruch »
Ha’át’íísh baa naniná?
Azee’ ła’ish nanídį́į́h?
Táadoo ánít’iní.
What are you doing?
Are you taking any medications?
Don't do that.

Offline Baruch

Re: Liberal---Conservative
« Reply #91 on: September 07, 2020, 07:18:36 PM »
"A Record 52% Of Millennials Now Live With Their Parents, Highest Since Great Depression" ... good, seal the door and gas them ;-)

"Enabling The Technocratic-Parasite-Class' "Great Reset"" ... Digital Dark Web ... why is it called "Dark"?  See next item, got hot cash?

"Researchers Find New Way For Criminals To Launder Money Using Bitcoin" ... Bitcoin came from CIA/NSA, who also control the drug and human trafficking trades ... the regular banks do the legal money laundering (see drug lords save banks in 2008-09).  Link to the original public report ... wanna bet Satoshi Nakamoto is a pseudonym?

https://www.semanticscholar.org/paper/How-to-Make-a-Mint%3A-The-Cryptography-of-Anonymous-Law-Sabett/1f8b7ec5d3a778e1980c9b656aaa4350cb135f09

"The British Army Of Wokeness" ... like Trump in the US, ban all Woman Studies/Race Studies graduates from the government and the military.

PS ...

"12-year-old suspended after teacher spots toy gun during virtual class" ... family services swat team sent in.  Like when they arrested a little boy at school who made a gun out of his P&B sandwich.
Ha’át’íísh baa naniná?
Azee’ ła’ish nanídį́į́h?
Táadoo ánít’iní.
What are you doing?
Are you taking any medications?
Don't do that.

Re: Liberal---Conservative
« Reply #92 on: September 07, 2020, 07:56:21 PM »
Bitcoin?  Mt Gox and many other embezzlements.  FBI seizing e-money as part of anti-criminal raids.  Vladimir Putin supports Etherium.  Spare electricity generation in China used to mine Bitcoin?  It will work as part of institutional transfers ... but not for the public.  This isn't a game changer at that level.

If you have very verifiable money transfers, governments like that, not that will stop money laundering, because the governments are the chief money laundromat.  But it gives them better control over organized crime (which works for them).  Real Mafiosi settle accounts by trading stolen Old Masters, or with bullets ... no transparency.

The data format is a chain of non-deniable encrypted book entries that go back to the Creation.  That gets unwieldy with a trillion consumer transactions per day.  Just like the Internet-of-Things (small packets) requires infinite bandwidth.  Universal e-currency (with every packet getting constantly larger) also requires unlimited storage and processing power.
Yeah, the various blockchain techs have applications far beyond currency such a property ownership, identity, music and other content distribution, ad nauseum. Storage and processing needs are high for sure but are distributed and that cost could come from ridding the system of all the centralized bloodsuckers. We shall see, LOL. It is championed as the next internet.