Quote from: iamnotback on November 18, 2016, 12:43:29 AM

You apparently do not understand that money has value because of consensus of CONFIDENCE.

I agree only in the sense that what we call 'value' is an act of collective belief - an illusion. The problem that arises is this: over time, people come to think that merely believing that something has 'value' really does confer 'value' on that thing. When that happens, they tend to become obsessed with the concept of 'value' and the numbers/symbols that represent it. People are so accustomed to thinking in terms of protecting the 'value' they think they possess, and so concerned about 'losing' that illusory 'value', that they can only think in terms of what they stand to lose (nothing whatsoever with my system) rather than what they (and everyone else) stand to gain.

Quote from: iamnotback on November 18, 2016, 12:43:29 AM

The community will not allow the code to be changed in a way which destroys that CONFIDENCE.

Are you 'the community'? Do you speak for it? Is the community forever closed to new ideas? Is the code Holy Writ to be worshipped and maintained as it is for all time? Has Bitcoin become a cult?

Quote from: iamnotback on November 18, 2016, 12:43:29 AM

You can't build any CONFIDENCE in a system which does not enforce the global ledger.

Are you saying that the global ledger is the solution and the only means by which confidence in a system can be established and maintained? Tell me why.

Quote from: iamnotback on November 18, 2016, 12:43:29 AM

If you think otherwise, then state your reason explicitly and with less useless verbal diarrhea. Afaics, you are spamming this thread with utter and complete nonsense.

My proposal is publicly available to anyone who wishes to read it. Have you read it? I mean actually read it and thought about it, not just skimmed through it dismissively because it's not consistent with your existing belief system? As for my comments, if you do not like them then do not read them.

HS