Quote from: thejaytiesto on February 19, 2017, 05:16:42 PM

Im sick of not being rich, my head hurts all day, and one of my eyes is always a bit blurry, I also have eye floaters on this same eye. I cannot focus on doing any job that requires starting into a computer

Specifically for the eyes, I highly recommend you supplement daily with Lutein and Bilberry extract. A very inexpensive and good brand you can order from the USA is Puritan's Pride HerbaVision with Lutein, which is what I've been taking to successfully treat my blurred vision. I got immediate relief.

I also installed the Redshift utility to remove excessive blue light from my display.

In general it sounds like you might have some sort of chronic infection and/or you may have a toxic diet high in HFCS and probably low in beef (beef has many vitamins). Eat T-bone steaks instead the manufactured Frankenfood you've presumably been eating.

Quote from: thejaytiesto on February 19, 2017, 05:16:42 PM

anyway I hope you can eventually deliver something gamechanging and hopefully the market will respond accordingly (making rich the early investors). I will never rest until I somehow make it and I hope this is the one.

There are many factors involved and I don't know if any developer can promise to juggle and excel at all of them.

I do expect to develop something very important, assuming my health is indeed cured. I am still getting fatigue about 50% of the waking hours, so I am not yet totally back up to speed and my confidence is a bit shaken by how fast everything is changing in our ecosystem and the global economy and how I've been bogged down in sleeping and taking antibiotics. But today I did write some technical information. And I will be sharing a link to that later if I complete some other work on that. But I really need to be moving at a much faster pace, so I am counting down the days remaining on the intensive treatment phase (25 more days as of this morning's dose...2am here where I am), while trying to ramp up work even during these 25 remaining days of fatigue (apparently primarily from the Ethambutol).

Quote from: Wikipedia for Ethambutol

Common side effect include problems with vision, joint pain, nausea, headaches, and feeling tired.

I sort of "helicopter perspective high-level" described my solution recently:

Quote from: iamnotback on January 22, 2017, 04:12:53 PM

The money supply will always be power-law or exponentially distributed for any resource. I document this claim with some references in my whitepaper.

What my design posits to do is maintain the consensus algorithm decentralized regardless. They key is finding a way to eliminate a Sybil attack without relying on a resource that becomes centralized. And to remove advantages due to economies-of-scale in the economics that impact the consensus algorithm and its long-term stability. I believe I have achieved it theoretically via separation-of-concerns. In other words, I slice-and-dice the responsibilities for achieving consensus such that no party has economy-of-scale incentives. I do this with a feedback mechanism, which I view as analogous to Byzantine fault detection. The design needs peer review, so assume a flaw may be found.

Quote from: iamnotback on January 21, 2017, 03:07:42 AM

When increasing the scale of systems, we should also increase their decentralization. That is the only way phenomenon can scale.

Quote from: iamnotback on January 21, 2017, 02:55:54 AM

Quote from: CoinCube on January 21, 2017, 02:34:45 AM

I agree about the lack of a price floor though. Industrial demand gives metals a price floor cryptocurrency lacks.

I posit this will be the transactional demand that will develop because crypto-currency is the only way possible to exchange value (and other things such as data, blockchains are not just for money exchange) globally that is supranational, decentralized, and occurs at the speed-of-light. The Internet gave us decentralized networking, but it did nothing to decentralize the data persistence and coordination issue. Blockchains do.

This is why I have argued for a bifurcation, because it is impossible for the world government's SDRs fiat to provide those capabilities.

Software (more generally knowledge) ecosystems do not invest in closed source, i.e. centralized paradigms. We all invest in the Internet, because we know nobody controls it.

Note those possible attributes are not yet perfected in any published technology (e.g. Bitcoin), but I claim they are theoretically perfected in some technology I have written down and am just awaiting my treatment so I can get back to being a programmer as I was before I was infected.

P.S. my doctors have discovered that I have a curable infection (most certainly had this infection since 2012 or before). It is not yet certain if that infection is (active and is) the cause of my current symptoms, but I think it is.

Quote from: iamnotback on January 19, 2017, 10:56:19 PM

Actually at the start the money supply in my design is expanding. As it matures, the money supply can begin contracting.

I contrasted with PoS and PoW:

https://bitcointalk.org/index.php?topic=1744718.msg17558554#msg17558554

Quote from: iamnotback on January 19, 2017, 07:45:55 PM

Quote from: CoinCube on January 19, 2017, 06:24:47 PM

What interest me is the role bitcoin plays in improving the signalling mechanism of money.

Gold couldn't play that role very well because it didn't pay any income (although Armstrong claims he was the first to teach the Arabs how to lease gold), so it doesn't make sense to hold it until you think sovereign bonds will collapse, i.e. gold is only a hedge against collapse. So it doesn't signal until too late (and we can overshoot into MadMax).

Whereas, the crypto-currency I am going to offer (not only fixes Bitcoins problems) but it also has perpetual deflation (the money supply is forever asymptotically shrinking), thus it will provide the signaling you aim for. I am not making this up now, as this was already in my white paper which is already recorded online.

Now you might be getting closer to appreciating my bifurcation thesis.

Edit: in case this wasn't obvious, a few % a year of deflation (i.e. investment income for the holder) is a reasonable signaling option against a usury system that is dying, yet is not going to prevent someone from investing in the Knowledge Age which is growing at very high rates. The bifurcation thesis has many details to it. Wink

Also the deflation of the money supply is probably even outweighed by the growth of the Knowledge Age and thus the increasing market value of the crypto-currency.

I really don't think we will achieve any panaceas of Utopias. More important is what the Knowledge Age can do to advance the maximum division-of-labor which is naturally destructive to finance.

Quote from: iamnotback on January 19, 2017, 02:57:21 PM

You apparently myopically presume that the only purpose of decentralization technology is to enable illegal activities and defection from the aims of a well functioning society. The Internet is decentralization technology. Hello? Do you even understand that the base protocols of the Internet are decentralized.

Do you think blockchains are only about creating crypto-currency? Stay tuned...

And do you think crypto-currency only useful for subversion and investment and not for enabling production that aids a well functioning society that can't be done with the existing monetary systems. Again stay tuned...

Quote from: iamnotback on January 19, 2017, 01:46:45 PM

Edit: I think one of CoinCube's points is that anonymity is incompatible with the world moving towards global surveillance as part of the lurch towards transparency as collectivism (carrying along with it the usurious monetary system) tries to become more righteous, especially with Asia (Singapore model) leading the way.

I believe CoinCube may be thinking that if crypto-currency enables untraceable cash, then the governments will join together to ban it.

I think they can do this for the crypto-currency that is used by the masses (presuming the masses agree that transparency is desired over privacy which is not a certainty), but I think they can't technically do this for every altcoin. One of the keys to that though is decentralizing the blockchain and putting the control in the hands of the users. No one has yet shown such a technology (but I have something).

In any case, I don't think the lack of anonymity will impact whether a bifurcation is possible, per my prior post. Note the decentralization of the blockchain is necessary for other reasons of scaling and network effects, not just for enabling robust anonymity. So the anonymity aspect is a red-herring.

Quote from: iamnotback on January 19, 2017, 11:04:27 AM

I am glad I could clarify my writings for you. I didn't ever intend to imply that the shift must necessarily be monolithic. However, I probably at the time I wrote that essay several years ago, did not yet see how the economics could possibly bifurcate as I didn't understand crypto-currencies and blockchains yet.

Also the anonymity issue is a red-herring. As I have stated recently, until there is a 666 global world government identification number, it is simply impossible for the governments to regulate/tax trillions of globalized, cross-border crypto-currency microtransactions per year. So anonymity isn't a necessary element for the bifurcation to proceed. The governments don't have the resources and technical capabilities to effectively tax and regulate trillions of $0.0001 transactions that cross borders. As for the larger players, they will use tax jurisdictions (thus they aren't breaking the law) and anonymity to raise the costs of government to even know who they are (and if you have millions of $millionaires doing this then it becomes too costly for government to track).

The Chinese have a culture of hidden defection (don't raise your head too high above the poppy seeds). Thus they will go along with the Singapore model, while circumventing it in sneaky hidden ways. That is the way their culture works because their public face is not the same as their private face ("saving face" in public). In essence they are being fake in public, but this is also real for them, i.e. my understanding is they believe the public result is very important (and what they accomplish privately is okay as long as the public result is always improving). Some Chinese (perhaps even many or most) may even try to match their private actions to their public ones, yet there would be significant numbers who don't. Notice how periodically there are major public uproars in Asian countries about corruption of high ranked officials, and they resign or are forced out in shame. It is as if the Asians are aghast that their overlords are not also following the same culture. In Singapore, it seems the corruption is probably tied up in the determination of and then gaming of the myriad of subsidies and tax benefits for certain industries and investments. Of course if you are a doctor it would behove you to migrate to Singapore, since the government is mandating that the citizens save 20% for medical care, so the medical system is poised to grow. Which is wonderful for me that there is a high quality medical system nearby.

The statists are going to double-down on more government, but nature will not be denied an escape valve. As always... (e.g. even iin the Dark Middle Ages, the economics escaped to the East)

Quote from: iamnotback on February 01, 2017, 10:51:10 AM

Quote from: Spoetnik on February 01, 2017, 10:42:22 AM

NEVER listen to a Monero shill.. you will go broke Cry

As usual, you are ruining some good points by going too far off into hyperbole.

Investors in Monero (at the liftoff point when I wrote to buy it, after the initial nosebleed bubble ostensibly caused by Risto) have done very well.

However, presuming that Monero guarantees your untraceability from the authorities is not going to end well for those dumb enough to believe that.

The technical reasons have been covered ad nauseum in the past by myself:

* Sybil attacks on anonymity sets
* Meta data correlation (such as IP address and browser fingerprints, etc)
* Combinatorial unmasking of anonymity sets (I had to fight with both @smooth and Shen-noether about this)
* Rubber hoses (even against those you transacted with)

Quote from: smoothie on February 01, 2017, 11:30:52 AM

But you make a good point. Polo is a single point of failure. Hint Hint...Bitsquare.io

* On/off ramps

Quote from: iamnotback on January 18, 2017, 10:27:55 PM

Quote from: iamnotback on January 17, 2017, 09:02:30 AM

Essentially I don't see crypto-currency's killer feature to replace what we already do with fiat paradigms. I rather see it opening up new capabilities that we can't do with existing fiat based, centralized systems.

CoinCube says the monetary systems can't bifurcate:

Quote from: CoinCube on January 18, 2017, 07:19:52 PM

Quote from: iamnotback on January 18, 2017, 04:32:48 PM

Quote from: CoinCube on January 18, 2017, 06:47:26 AM

Quote from: iamnotback on January 18, 2017, 06:12:05 AM

Thus what ever the cause of Leftism, I view it as a diseased religion that is on its deathbed as it culls itself because knowledge and technology are ready to move forward out of the Industrial usurious (high concentration of fixed capital) Age into a maximum division-of-labor (highly diversified annealing, low concentration of capital) Knowledge Age.

If the fundamental driver of leftism is usury then a decline in leftism is unlikely to proceed a decline in usury.

To reiterate, my thesis is that the economy may be bifurcating:

Yes, I disagree with the bifurcation part of your thesis.

On what rational grounds?

How is the usurious system placing any limits on growth of the Knowledge Age? Sorry I don't see it. I see it accelerating everyday.

Humans are not driven primarily by money but by their passions. That is why the monetary systems can diverge. The usurious system provides their tangible needs. The knowledge age feeds their passions.

I think you aren't aware of the revolution that 160 IQ genius Eric Raymond wrote about, helped drive, and well underway?

http://www.catb.org/esr/writings/magic-cauldron/magic-cauldron.html

Familiarize yourself with a gift culture and how it is orthogonal to physical needs.

Also the knowledge age is global and instantaneous already, but the usurious financial systems can't provide all functionality required. So this can be another reason for bifurcation. The Knowledge Age is already under way and can't wait for the decades it will take for a world government and some world currency unit that has a central bank controlling it so can be fractionally reserve debased (necessary for usury).

Quote from: iamnotback on January 17, 2017, 09:23:17 AM

Apologies I've been suffering a bad GI infection past few days so my attention span was quite limited. I didn't see your reply.

TOR and I2P can be subverted by national security agencies (don't ask me to rehash the details of this as I already had these discussions long ago in the context of Monero and anonymity). Bottom line is that if a government wants to pinpoint an individual, they have the resources to do so. Again I repeat, Centralization is always the weak point.

Please read my prior post just above yours. Understand how the pathetic Apaches defeated the mighty Spanish.

Also it isn't just that the whales can be targeted by the authorities, but the whales themselves ruin the ecosystem. Only decentralized systems can scale. This is why open source trumps closed source. Who would invest in an ecosystem controlled by individuals.

Imagine if the underlying Internet protocols such as TCP/IP were controlled by whales.

Quote from: iamnotback on January 17, 2017, 09:17:41 AM

Quote from: iamnotback on January 16, 2017, 06:30:55 PM

[discussion of the mind control and hedonism of Internet addiction]

We can look at that as a market opportunity instead of as a destined failure:

https://bitcointalk.org/index.php?topic=1319681.msg17529904#msg17529904

If you view the links I provided for Internet addiction in above quoted post, you will see that a driver is the lack of feeling of control or empowerment that Internet addiction soothes.

Quote from: iamnotback on January 17, 2017, 09:02:30 AM

Quote from: iamnotback on January 15, 2017, 12:14:18 PM

Quote from: Dink on January 14, 2017, 04:34:17 AM

I have been following you for years with much interest, I post very little. How to you plan to stablize the price of your coin? I realize that the market will ultimatly decide the value of a coin but for mass adoption I believe you will need some measure of stability, even if it means a slow and steady increase in the value of your work.
It seems most people will not 'mass adopt' unless there is some level of stability.

I visualize a mass adoption wherein the users are watching their balances grow continuously and thus they are not concerned about volatility because they are invested in the paradigm.

They are involved because they love the concept and what it provides for giving them more freedom to do various endeavors on the Internet. Do people use Facebook because the price might go up or down?

We can't successfully approach crypto-currency as a checking account. That will never happen. See my prior post about my bifurcation thesis.

Crypto-currency will serve a fledgling niche that can't be served by fiat. Why? Because fiat can't be spent globally in a millisecond to a microtransaction. There are billions of people who don't have a credit card or who wouldn't even hassle with entering their credit card number for some microtransactions. Onboarding is a key concept (millions or billions of them won't be buying the crypto-currency for these micropayments). The larger the ecosystem, the more demand for the crypto-currency, thus the price increases.

Quote from: Dink on January 16, 2017, 05:25:19 AM

Thank you for all your inputs. These are the differing ideas that I wanted to hear(who is correct only the future will tell). Some very good points were brought up, my Idea of "mass adoption" equated to "mass use"...which was faulty. I now have a better understanding of what crypto might achieve,

peace,
D

I was suffering a very bad GI infection when I wrote my prior posts, so I wasn't able to think or articulate well.

I think mass adoption is about enabling more software developers and users to find new ways of earning money and increasing their collective knowledge/experience (trading) that can't be done with the existing paradigms of payment systems and centralized databases.

The paradigm/system must be an open ecosystem and decentralized, analogous to the Internet itself.

And combining that with an onboarding mechanism that symbiotically drives it.

The blockchain technology must have certain performance and decentralization attributes in order to make this plausible. For example, we need sub-second transactions (both monetary and other blockchain events) and unbounded scalability.

Steem(it) had some of my ideas incorporated and I also gained some insight/ideas from that experiment. But I think some of the details of Steem are lacking.

Essentially I don't see crypto-currency's killer feature to replace what we already do with fiat paradigms. I rather see it opening up new capabilities that we can't do with existing fiat based, centralized systems. However, I am not intending to disparage any other project's differing strategy or perspective. Decentralized experimentation is good, per the Apache versus Spanish story I linked above.

We all know that essentially the only way to monetize these days is advertising. But advertising is only worth about at best $1 per CPM, thus less than $0.001 per page view.

An economy is about trade. There are billions of creative people out there who would feel a lot better about themselves if they were trading instead of being Facebook zombies (see quote below). The transition from the one-way media of TV to interactive media of the Internet was more engaging, decentralized, and thus more valuable to the viewers/users. But still the users are basically powerless in the economic system and configurations of the Internet, i.e. the economic system and configurations of the Internet is up to now still more of a one-way action analogous to the TV era. Let's disrupt that and create another revolution.

Essentially Google's business model has to die. And they know it. They are trying to diversify into products, but that is not the solution. The solution is disrupt Google.

More details about what I have in mind should hopefully be forthcoming. As much as possible I want the project to be adaptable to decentralized improvements, analogous to how HTTP sits on top of TCP/IP. I am designing a base protocol and the world has to innovate on top of it if I am correct. Also I need to adjust to feedback and learn as I proceed.

We need an initial kickstart feature to drive it.

Quote from: iamnotback on January 16, 2017, 06:30:55 PM

Quote from: CoinCube on January 16, 2017, 04:08:58 AM

Quote from: iamnotback on January 16, 2017, 03:08:42 AM

Also what reasoning do you apply to put Hedonism in Cycle #6 and not #5?

Seems to me the hedonism will head for a peak as the Marxist crap heads for a peak in Cycle #5 because it is the Marxist crap that finances wide-scale hedonism.

Hedonism as a mechanism of mass control is not yet ready for prime time. Much like most of us are not yet ready to be knowledge workers. Both of these are coming but not quite yet. The links below highlight some of my thinking on the upcoming power of hedonism.

At war with World of Warcraft: an addict tells his story
https://www.theguardian.com/technology/2011/aug/29/world-of-warcraft-video-game-addict

Quote

At the height of his addiction Ryan van Cleave had little time for his real life. World of Warcraft, a video game, had crowded out everything: his wife and children, his job as a university English professor.

Living inside World of Warcraft (WoW) seemed preferable to the drudgery of everyday life... "Playing WoW makes me feel godlike," Van Cleave wrote. "I have ultimate control and can do what I want with few real repercussions. The real world makes me feel impotent

Kids turn violent as parents battle digital heroin addiction
http://nypost.com/2016/12/17/kids-turn-violent-as-parents-battle-digital-heroin-addiction/

Quote

He would refuse to do anything unless I would let him play his game, she said. Barbara, who had discarded her TV 25 years ago, made the mistake of using the game as a bargaining tool.

When she tried to take his computer away, he attacked her with a dazed look on his face his eyes were not his. She called the police. Shocked, they asked if the 9-year-old was on drugs.

Virtual reality is coming to sex, sports and Facebook
http://www.usatoday.com/story/tech/2015/03/27/virtual-reality-oculus-rift-facebook-vr-will-be-everywhere/70547882/

Quote

VR now is poised not only to challenge reality's stranglehold on the way we engage with life, but possibly even eclipse it for sheer thrills.

Gaming. Concerts. Family reunions. Sporting events. Even sex all of it will be experienced in a hyper-real fashion and with a commonness that technologists predict will rival our incessant smartphone use today.

'VR has been around for decades, but it will stick this time.' - Todd Richmond, USC

Then there is the whole robot 'girlfriend' thing
http://www.mirror.co.uk/news/weird-news/first-interactive-robot-girlfriend-china-7800073

Quote

China has unveiled its first interactive robot - which can chat away to humans and even take orders from iCloud.

When the researcher says "hello" to the robot, she replies: "Yes, my lord, what can I do for you."
When asked to "please wave your hand" she does just that, much to the astonishment of those watching.
Her developers say she is programmed to match human facial expressions, body and mouth movements.

Hedonism will probably be the primary mechanism of social control but not quite yet its time is coming.
The surveillance state by contrast is more or less ready to take off now.

First comes Orwell [surveillance state] then Huxley [the blue pill].

Ah I see you are employing the definition of hedonism to a wider scope than I was contemplating. I of course already concurred with the blue pill future:

https://steemit.com/society/@anonymint/the-red-pill-blue-pill-election-nyc-slumlord-vs-globalists

I was thinking of the peaking of sexual liberalism which seems to me is financed by socialism so I was thinking that as socialism peaked, sexual liberalism (e.g. feminism, rampant birth control, etc) would lose its financial support:

Are you sure that such control is that far into the future? Had you not heard on the recent Pokemon Go phenomenon?

http://www.dailymail.co.uk/news/article-3693814/Chaos-Central-Park-gamers-leap-cars-leave-engines-running-catch-rare-POKEMON.html

Internet addiction is another drug escape, and potentially capable of creating much more controllable zombies:

http://www.techaddiction.ca/internet_addiction_statistics.html
http://www.techaddiction.ca/video_game_addiction_statistics.html