Post
Topic
Board Economics
Re: Economic Totalitarianism
by
TPTB_need_war
on 09/05/2015, 02:26:03 UTC
I am going to take the time to explain in more detail, because I am going to go ahead and test the waters for Private Placement (unofficially qualified investors) seed capital for crypto-currency below...

I appreciate the financial imperative of fixing finances before resuming the crypto project. I'd like to think that enough people understand that an effective anonymous crypto so much needs to happen that they (a proportion at least of the, was it 60k followers on here?) would crowd-fund you even without any promises. I can see that even if you developed one anonymously, and if such a crypto were to appear and disrupt the best laid plans of the-powers-that-be, you would be high on the list of “suspects”. A tricky one. But who will achieve the “right” altcoin in time for the late 2017(?) USA down turn if you don't? A collaboration appeared tantalizingly close for a while; is that still remotely achievable, or out of the question? I can understand the urgency of non-compromise. It would be kind of elegant if Kim Dotcom could embrace a project like this, and keep hands-off?

The idea of what I want to work on would actually synergize with and help Bitcoin, Monero, and all coins and internet activity be more anonymous. There will actually be an altcoin tied in with this, but it will be a competitive ecosystem where other coins can participate.

In short, a win-win, synergistic plan. I like those. Grin

I am going to now test the waters to see if we have enough seed capital that is interested.

What should happen is that first there are a few guys who provide seed capital (so I have operating capital and focus more on the crypto-currency and less on the social networking project) and then I put in the effort the thresh out all the finer details and specification, then can go to an anonymous crowdsourcing stage where all the details have been professionally explained. The crowdsourcing could be used to return some of the seed capital invested, if we decided that is the agreement.

The social networking site needs to be completed and already be on autopilot before the crowdfunding stage, then after that it is 95% time focused on competing and launching the crypto-currency project.

So I will now offer a request for those who are capable of investing $10,000 in seed capital, to please contact me now on Bitmessage. My Bitmessage public key is below. You can download and run Bitmessage on any Windows computer (but not Windows 8 as it is spyware, Windows 7, Vista, or best is XP). Please try to use a computer that you are reasonably sure isn't littered with viruses (that would ruin the anonymity Bitmessage offers).

BM-2cVBYC5ABoBmG7Rx5QZWZbw2z395RqLNMN (this is not a Bitcoin address)

If I decide to go forward after private discussions (on the specifics of the investment and plans), then those seed capitalists will be told the name of my social network (so they can evaluate my recent work performance) and many other details that I am not revealing in public here.

I would evaluate carefully whether I think i can trust the seed capitalists to protect my anonymity w.r.t. to the proposed crypto project (obviously my identity is not hidden from anyone on this forum who really wants to know it).

I am not promising to proceed this way. I am testing the waters and trying to evaluate what is the most efficient way to achieve our goals.

The problem with direct collaboration with for example Monero or Skycoin, is that they have some different ideas and priorities. Much better if I create something which helps all the coins and then after they can start to see the vision I have in action and then the synergies would become more apparent and realizable.

It is best not to argue and instead go make accomplishments that turn your skeptics into your allies.

I didn't receive any messages in my BitMessage. Appears my BitMessage may be not connected now after being connected last night (GMT+7 time). So I can't be 100% sure someone hasn't sent me message, but it appears likely that no one has.

The reason rpietila and I couldn't collaborate in 2014, is because he refused to download and run BitMessage so we could discuss my plans. Also he offered me to come live at his castle and I didn't want the disruption. He apparently doesn't think the developers of an altcoin should be anonymous, but frankly I have no idea who smooth and the other significant Monero developers are in real life. Yet everyone knows (or can easily find) my real name.

It seems to me that there won't be anyone interested in investing in something I would work on until I create some salesmenship pitches and create a thread for that.

Yet then I essentially give away my ideas to the public-at-large before they are implemented, which thus doesn't really protect the investors' best interests, because copycats could emerge before launch.

Also I think it would be more difficult to garnish interest in a project where I was anonymous and the project was vaporware. If I was willing to stake my reputation on promises and vaporware, then I could go create a thread and try to raise funding.

My preferred mode was making some private explanations to a small group of seed investors and wait to do the public-at-large communication once the project is implemented and ready for launch.

But it appears there are no astute seed capitalists interested amongst those who have read this thread since yesterday.

I emailed those who in past seemed to be interested in investing or working with me, and no responses. So perhaps the Bitcoin price drop has changed attitudes, perhaps they've seen me as too combative or perhaps they were intending to use me in their ploys and realize now that won't work. There are many possibilities and I can't be sure at this. All I can say is "nobody contacted me".

So for the moment, it looks like there isn't anyone interested in me helping to fix the problem.

Monero as it stands today is not sufficient although it does provide one aspect of what is needed.

We are lacking anonymity in general on the internet. The economy for crypto-coins won't blast off until we fix Tor's .onion hidden services (the NSA unmasked 100s of .onion sites and prosecuted them).

BitMessage is a crippled way of anonymous communication. If Tor was reliable, we wouldn't even need to relegate to such low quality messaging as BitMessage, but unfortunately Tor's design is insufficient and compromised.

My desire and plan is to solve the more holistic issue at-large. To go direct to the point of an anonymous internet. And fortunately it drives an altcoin by necessity. And that is all I am going to say for now. Those who were truly interested in the details would have contacted in Bitmessage if they are qualified to invest $10,000.