Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
altcoinUK
on 11/02/2016, 15:15:42 UTC
Governments would be pro Bitcoin because everything is being recorded in the blockchain

Correct. That's why Bitcoin is a God given gift to the the government and tax man. That's why there are conspiracy theories - which I don't subscribe to - that Sathosi is an NSA creation.

Non-sequitor. (plz don't be offended)

If Bitcoin is a God given gift to the government, then it does not logically follow that Satoshi wouldn't be a DEEP STATE (global elite/NSA/CIA) operation.

Yes, I understand that could be a valid assumption or logical conclusion about Satoshi, and even I am not young any more I still have something from my idealistic youth when I believed so much in humanity, so I still refuse to accept that the government is such a bunch of wankers and collection of evil operators who comes up with such an immoral project by inventing Satoshi Nakamato. Though it could be very well the case.



What Armstrong is saying is the same as I have long stated, which is that the rest of the world will implode and then blame the strong dollar. It is this contagion of blame that will lead to a new Breton Woods where a global government can be initiated. The point of Bitcoin and the sovereign debt crisis is force the nation-states to their knees to beg for a globalized monetary union.

Very interesting projection. If you are correct about that - we will see soon - then I will open one and send you as well a nice 26 years old single malt Scotch Whisky so we can at least get dunk and celebrate that we are totally fucked up. The issue is the vast majority of the population will be perfectly happy with the new world order, so I think it is the battle of Sisyphus from our side. (I know your opinion about the knowledge economy, but I am not sure if that can happen in our lifetime. For instance, Armstrong talks about the need for a total reset which could even cause a mini Dark Age if I understand correctly what he says).




I am saddened to hear that the GDC affiliation turned slightly sour because of your questioning the ethics of Iota. I would guess what they would be upset about is being associated with any strife, because it might turn off corporations. I don't think you can do anything about speculation in coins. You have nothing to gain from fighting such a war. Instead be laserbeam focused on investing correctly. And trying to find any serious and capable development that you want to invest in.

One of the problems that GDC and I face is economies-of-scale. We simply don't have enough full-time developers and I am also ill. But I am going to redouble my efforts on both my health treatment and on my resolve to not post in forums and be focused on coding. The key in my mind is reaching a point where others invest in the ecosystem, then economies-of-scale become easy. So I am just trying to devise the clever way to jumpstart to that pole position with the resources I have (i.e. myself and enough cash to support my living expenses for several more months).

Yeah, they ask me not to involve them in a fight with IOTA, and they think if I have such fight then my support causes more harm than good for GDC, which viewpoint is understandable to a certain degree and from business operation viewpoint. On the other hand I am comfortable in saying the truth and pointing out if a project is a blatant scam. They will be all right with me when and if I can help to secure some VC funding for them. IMHO that's what you need as well: to formalize your operation and go with a serious VC or group of angel investors. I understand you can get some support here but the trouble which comes with the money from this platform simply does not worth the support. You have to explain all day long to speculators, young, inexperienced and uninformed "investors" every steps you do. I think you would be in a more desirable position, more productive and eventually more successful if you would work with VC investors instead of trying to get support on this platform. You know that your knowledge and intellect could be a very valuable asset to any serious projects. A serious project would enable you to implement your idea instead of educating the people here who are not even grateful for your work (see the lack of reaction in your vaporcoin thread where you published your Shazam symmetric crypto and none of the developers of this toxic place say anything about it. The greedy, jealous and selfish attitude of this toxic place is disappointing). I hope you will continue with the GDC devs, at least - unlike the majority of greedy, jealous and selfish developers in Bitcointalk - they respect your work and intellect (they said it publicly). Anyway, you will find the way to progress - smart people always do.