US government is trying to get coordinated in its efforts ...

“History has shown us that we shouldn’t rely on governments to protect us financially. On the contrary, we should expect most governments to abuse their privileged positions as the creators and users of money.” (x-post from /r/Bitcoin)

submitted by cccmod to CryptoCurrencyClassic [link] [comments]

04-24 21:54 - '“History has shown us that we shouldn’t rely on governments to protect us financially. On the contrary, we should expect most governments to abuse their privileged positions as the creators and users...' (self.Bitcoin) by /u/Bitcoin_to_da_Moon removed from /r/Bitcoin within 348-358min

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“History has shown us that we shouldn’t rely on governments to protect us financially. On the contrary, we should expect most governments to abuse their privileged positions as the creators and users of money.”
Go1dfish undelete link
unreddit undelete link
Author: Bitcoin_to_da_Moon
1: www.b*oomberg.c*m/news/a*t**les*2020*04-23/ra*-**lio**i***-dee**into-mon*y-t*-*xp*ain*cha*gi*g-wo*ld-orde*
Unknown links are censored to prevent spreading illicit content.
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Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

d down, k up, everybody's a game theorist, titcoin, build wiki on Cardano, (e-)voting, competitive marketing analysis, Goguen product update, Alexa likes Charles, David hates all, Adam in and bros in arms with the scientific counterparts of the major cryptocurrency groups, the latest AMA for all!

Decreasing d parameter
Just signed the latest change management document, I was the last in the chain so I signed it today for changing the d parameter from 0.52 to 0.5. That means we are just about to cross the threshold here in a little bit for d to fall below 0.5 which means more than half of all the blocks will be made by the community and not the OBFT nodes. That's a major milestone and at this current rate of velocity it looks like d will decrement to zero around March so lots to do, lots to talk about. Product update, two days from now, we'll go ahead and talk about that but it crossed my desk today and I was really happy and excited about that and it seemed like yesterday that d was equal to one and people were complaining that we delayed it by an epoch and now we're almost at 50 percent. For those of you who want parameter-level changes, k-level changes, they are coming and there's an enormous internal conversation about it and we've written up a powerpoint presentation and a philosophy document about why things were designed the way that they're designed.
Increasing k parameter and upcoming security video and everybody's a game theorist
My chief scientist has put an enormous amount of time into this. Aggelos is very passionate about this particular topic and what I'm going to do is similar to the security video that I did where I did an hour and a half discussion about a best practice for security. I'm going to actually do a screencasted video where I talk about this philosophy document and I'm going to read the entire document with annotations with you guys and kind of talk through it. It might end up being quite a long video. It could be several hours long but I think it's really important to talk around the design philosophy of this. It's kind of funny, everybody, when they see a cryptographic paper or math paper, they tend to just say okay you guys figure that out. No one's an expert in cryptography or math and you don't really get strong opinions about it but game theory despite the fact that the topics as complex and in some cases more complex you tend to get a lot of opinions and everybody's a game theorist. So, there was enormous amount of thought that went into the design of the system, the parameters of system, everything from the reward functions to other things and it's very important that we explain that thought process in as detailed of a way as possible. At least the philosophy behind it then I feel that the community is in a really good position to start working on the change management. It is my position that I'd love to see k largely increased. I do think that the software needs some improvements to get there especially partial delegation delegation portfolios and some enhancements into the operation of staking especially.
E-voting
I'd love to see the existence of hybrid wallets where you have a cold part a hot part and we've had a lot of conversations about that and we will present some of the progress in that matter at the product updates. If not this October certainly in November. A lot of commercialization going along, a lot of things going on and flowing around and you know, commercial teams working hard. As I mentioned we have a lot of deals in the pipeline. The Wyoming event was half political, half sales. We were really looking into e-voting and we had very productive conversations along those lines. It is my goal that Cardano e-voting software is used in political primaries and my hope is for eventually to be used in municipal and state and eventually federal elections and then in national elections for countries like Ethiopia, Mongolia and other places. Now there is a long road, long, long road to get there and many little victories that have to begin but this event. Wyoming was kind of the opener into that conversation there were seven independent parties at the independent national convention and we had a chance to talk to the leadership of many of them. We will also engage in conversation with the libertarian party leadership as well and at the very least we could talk about e-voting and also blockchain-based voting for primaries that would be great start and we'll also look into the state of Wyoming for that as well. We'll you know, tell you guys about that in time. We've already gotten a lot of inquiries about e-voting software. We tend to get them along with the (Atala) Prism inquiries. It's actually quite easy to start conversations but there are a lot of security properties that are very important like end-to-end verifiability hybrid ballots where you have both a digital and a paper ballot delegation mechanics as well as privacy mechanics that are interesting on a case-by-case basis.
Goguen, voting, future fund3, competitive marketing analysis of Ouroboros vs. EOS, Tezos, Algorand, ETH2 and Polkadot, new creative director
We'll keep chipping away at that, a lot of Goguen stuff to talk about but I'm going to reserve all of that for two days from now for the product update. We're right in the middle, Goguen metadata was the very first part of it. We already have some commercialization platform as a result of metadata, more to come and then obviously lots of smart contract stuff to come. This update and the November update are going to be very Goguen focused and also a lot of alternatives as well. We're still on schedule for an HFC event in I think November or December. I can't remember but that's going to be carrying a lot of things related multisig token locking. There's some ledger rule changes so it has to be an HFC event and that opens up a lot of the windows for Goguen foundations as well as voting on chain so fund3 will benefit very heavily from that. We're right in the guts of Daedalus right now building the voting center, the identity center, QR-code work. All this stuff, it's a lot of stuff, you know, the cell phone app was released last week. Kind of an early beta, it'll go through a lot of rapid iterations every few weeks. We'll update it, google play is a great foundation to launch things on because it's so easy to push updates to people automatically so you can rapidly iterate and be very agile in that framework and you know we've already had 3500 people involved heavily in the innovation management platform ideascale and we've got numerous bids from everything. From John Buck and the sociocracy movement to others. A lot of people want to help us improve that and we're going to see steady and systematic growth there. We're still chipping away at product marketing. Liza (Horowitz) is doing a good job, meet with her two three-times a week and right now it's Ouroboros, Ouroboros, Ouroboros... We're doing competitive analysis of Ouroboros versus EOS, Tezos, Algorand, ETH2 and Polkadot. We think that's a good set. We think we have a really good way of explaining it. David (David Likes Crypto now at IOHK) has already made some great content. We're going to release that soon alongside some other content and we'll keep chipping away at that.
We also just hired a creative director for IO Global. His name's Adam, incredibly experienced creative director, he's worked for Mercedes-Benz and dozens of other companies. He does very good work and he's been doing this for well over 20 years and so the very first set of things he's going to do is work with commercial and marketing on product marketing. In addition to building great content where hope is make that content as pretty as possible and we have Rod heavily involved in that as well to talk about distribution channels and see if we can amplify the distribution message and really get a lot of stuff done. Last thing to mention, oh yeah, iOS for catalyst. We're working on that, we submitted it to the apple store, the iOS store, but it takes a little longer to get approval for that than it does with google play but that's been submitted and it's whenever apple approves it or not. Takes a little longer for cryptocurrency stuff.
Wiki shizzle and battle for crypto, make crypto articles on wiki great again, Alexa knows Charles, Everpedia meets Charles podcast, holy-grail land of Cardano, wiki on Cardano, titcoin
Wikipedia... kind of rattled the cage a little bit. Through an intermediary we got contact with Jimmy Wales. Larry Sanger, the other co-founder also reached out to me and the everpedia guys reached out to me. Here's where we stand, we have an article, it has solidified, it's currently labeled as unreliable and you should not believe the things that are said in it which is David Gerard's work if you look at the edits. We will work with the community and try to get that article to a fair and balanced representation of Cardano and especially after the product marketing comes through. We clearly explain the product I think the Cardano article can be massively strengthened. I've told Rod to work with some specialized people to try to get that done but we are going to work very hard at a systematic approval campaign for all of the scientific articles related to blockchain technology in the cryptocurrency space. They're just terrible, if you go to the proof of work article, the proof of stake or all these things, they're just terrible. They're not well written, they're out of date and they don't reflect an adequate sampling of the science. I did talk to my chief scientist Aggelos and what we're gonna do is reach out to the scientific counterparts that most of the major cryptocurrency groups that are doing research and see if they want to work with us at an industry-wide effort to systematically improve the scientific articles in our industry so that there are a fair and balanced representation of what the current state of the art are, the criticisms, the trade-offs as well as the reference space and of course obviously we'll do quite well in that respect because we've done the science. We're the inheritor of it but it's a shame because when people search proof of stake on google usually wikipedia results are highly biased. We care about wikipedia because google cares about wikipedia, amazon cares about wikipedia.
If you ask Alexa who is Charles Hoskinson, the reason why Alexa knows is because it's reading directly from the wikipedia page. If I didn't have a wikipedia page Alexa would know that so if somebody says Alexa what is Cardano it's going to read directly from the wikipedia page and you know and we can either just pretend that reality doesn't exist or we can accept it and we as a community working with partners in the broader cryptocurrency community can universally improve the quality of cryptocurrency pages. There's been a pattern of commercial censorship on wikipedia for cryptocurrencies in general since bitcoin itself. In fact I think the bitcoin article is actually taken down once back in, might have been, 2010 or 2009 but basically wikipedia has not been a friend of cryptocurrencies. That's why everpedia exists and actually their founders reached out to me and I talked to them over twitter through PMs and we agreed to actually do a podcast. I'm going to do a streamyard, stream with these guys and they'll come on talk all about everpedia and what they do and how they are and we'll kind of go through the challenges that they've encountered. How their platform works and so forth and obviously if they want to ever leave that terrible ecosystem EOS and come to the holy-grail land of Cardano we'd be there to help them out. At least they can tell the world how amazing their product is and also the challenges they're having to overcome. We've also been in great contact with Larry Sanger.
He's going to do an internal seminar at some point with with us and talk about some protocols he's been developing since he left wikipedia specifically to decentralize knowledge management and have a truly decentralized encyclopedia. I'm really looking forward to that and I hope that presentation gives us some inspiration as an ecosystem of things we can do. That's a great piece of infrastructure regardless and after we learn a lot more about it and we talk to a lot of people in ecosystem. If we can't get people to move on over, it would be really good to see through ideascale in the innovation management platform for people to utilize the dc fund to build their own variant of wikipedia on Cardano. In the coming months there will certainly be funding available. If you guys are so passionate about this particular problem that you want to go solve it then I'd be happy to play Elon Musk with the hyperloop and write a white paper on a protocol design and really give a good first start and then you guys can go and try to commercialize that technology as Cardano native assets and Plutus smart contracts in addition to other pieces of technology that have to be brought in to make it practical.
Right now we're just, let's talk to everybody phase, and we'll talk to the everpedia guys, we're going to talk to Larry and we're going to see whoever else is in this game and of course we have to accept the incumbency as it is. So, we're working with obviously the wikipedia side to improve the quality of not only our article but all of the articles and the scientific side of things so that there's a fair and accurate representation of information. One of the reasons why I'm so concerned about this is that I am very worried that Cardano projects will get commercially censored like we were commercially censored. So, yes we do have a page but it took five years to get there and we're a multi-billion dollar project with hundreds of thousands of people. If you guys are doing cutting-edge novel interesting stuff I don't want your experience to be the same as ours where you have to wait five years for your project to get a page even after government's adopted. That's absurd, no one should be censored ever. This is very well a fight for the entire ecosystem, the entire community, not just Cardano but all cryptocurrencies: bitcoin, ethereum and Cardano have all faced commercial censorship and article deletions during their tenure so I don't want you guys to go through that. I'm hoping we can prove that situation but you know you don't put all your eggs in one basket and frankly the time has come for wikipedia to be fully decentralized and liberated from a centralized organization and massively variable quality in the editor base. If legends of valor has a page but Cardano didn't have one until recently titcoin, a pornography coin from 2015, that's deprecated, no one uses it, has a page but Cardano couldn't get one there's something seriously wrong with the quality control mechanism and we need to improve that so it'll get done.
submitted by stake_pool to cardano [link] [comments]

On why Hayen Ottos flipstarter is having a hard time and why we should fund it.

The backdrop
The BCH community is in the process of taking its power back from a dictator who seems to have turned against them. I've been looking for an expression matching that process... it's not a coup d´état, because a coup is done by a small group of people. I found a definition of "revolution" that fits:
2 b: a fundamental change in political organization. especially: the overthrow or renunciation of one government or ruler and the substitution of another by the governed
So I'll call it a revolution and the growing group of people doing it the resistance.
While we're not necessarily "substituting nother ruler", but we sure overtrhowing the current one.
Part of the expression of the power of those "governed" takes place in the form of funding (or not funding) these flipstarter campaigns, where people offer to build things for BCH. It's both expression of opinion (backed with wallets) and a channeling of energy into the projects the contributors think should be done. It also shows funding of infrastructure and development can be done using voluntary contributions, an alternative to the method proposed the current dictator that fuelled the revolution greatly.
Haydens position
Hayden invested a lot of effort into building and marketing the BCH brand. He had a huge impact on BCH adoption.
Hayden stated his efforts will go into the chain that retains the Bitcoin Cash branding and equates that with the longest chain (which is probably correct).
This could be said to be "taking a neutral position".
He's planning for the outcome of the revolution failing.
Reaction to Haydens position
Haydens flipstarter has been criticized by NilacTheGrim (among others), who demands Hayden should take a clear position against the IFP and commit to supporting only the chain that doesn't feature any coinbase reward diversion.
This is understandable: People like Hayden have a lot of reputation and them taking sides has great effect on others. So it would be extremely good for the revolution if Hayden sided with it and increase the chances of success.
Reaction of Potential contributors
contributors have been comparably slow in contributing to the flipstarter proposed by Hayden (make promo vids for BCH).
NilacTheGrim is an outstanding member of the resistance. He does great work as a developer.
Haydens emotional exchange with him creates huge uncertainty and doubt around his flipstarter.
I propose this is the top reason for the fundraiser not going as quickly as it could.
My own actions
Firstly I would like to call on Hayden to rethink his position and make use of the power he has to effect hugely positive change. Have no fear and join us!
After thinking for a while and sleeping over it I still think it makes sense to fund Haydens projects. In the event of the revolution succeeding he will support our chain and in the event of the dictator managing to cling to power I can live with having thrown money the wrong way. I will wish the best of luck to BCHABC, sell most of my stash and take a break to rethink everything and focus on my family.
I call on contributors that haven't already contributed and still have some powder left to rethink their stance. Hayden is an asset to BCH just like the great developers we have and we should pay him.
I think we should be able to accept Haydens "neutral stance".
I also think this is not the time to "play it safe" and plan for all outcomes. I propose to assume the revolution will be a success and thereby help make it one.
I have doubled my contribution to https://flipstarter.bitcoinbch.com/ (from 11 to 22 BCH)
submitted by moleccc to btc [link] [comments]

The greatest wealth transfer of this century! An analysis: British-US-Chinese Empires: Gold, Silver, Bitcoin, Ethereum!

"Inflation makes you pay 50 dollars for the 20 dollar haircut you used to get for 5 dollars when you had hair!"
Let's embark on a journey that made the United States the number 1 economy of the world.

1. Despite the British Empire's claim that it would for ever remain the leading empire,history can serve as a harbinger for what's to come...

At the peak of its power, in 1913, "the empire on which the sun never sets", controlled 25% of the planet's land mass and about the same percentage of the world's population. Britain was both the naval an imperial power of the 19th century, and between 1812-1914, its dominance resulted in relative peace in Europe and the rest of the world. The industrial revolution transformed Britain into the workshop of the world.
By the start of the 20th century things changed as both Germany and the United States started to challenge Britain's economic and influential leadership. As often happened during human history such challenging lead to war and although Britain achieved its largest territorial influence after WW1, the war had destroyed much of its economic strength, with losses in industrial and military power marking the begin of its demise.
During WW2, Japan occupied Britain's colonies, and after WW2, India, Britain's most valuable and populous possession, achieved independence. Much of the British Empire's influence is now enshrined in the Commonwealth Charter, stating shared values like democracy, human rights and the rule of law.
The United Kingdom's pound sterling was its world's reserve currency during its reign and by controlling the supply of money, Britain was able to influence its global power.
"Permit me to issue and control the money of a nation, and I care not who makes its laws!" Mayer Amschel Rothschild

2. The US Empire repeats this blueprint by claiming the U.S. Dollar's reserve currency status as its birthright!

The Federal Reserve Act.
The Panic of 1907 triggered many American's belief that The Federal Reserve Act, passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913, was necessary for financial and economic stability. The law created the Federal Reserve System, the central banking system of the United States.
The Bretton Woods System.
The FED ended immobile reserve issues and the inelastic currency problems and successfully internationalized the U.S Dollar as the global reserve currency. The usage of the prior nationally used U.S. Dollar expanded a first time when the Allies agreed to the terms of the Bretton Woods System, establishing the rules for commercial as well as financial regulations among the United States and its allies. Canada, Western Europe, Australia and Japan accepted the U.S. Dollar, which was backed by a gold exchange standard, making the U.S. Dollar "as good as gold". This was only possible because the United States controlled two thirds of the world's gold reserves.
Soviet representatives, who claimed that institutions like the IMF and the International Bank for Reconstruction and Development (IBRD) were Wall Street branches, didn't participate in Bretton Woods and later proved to be right, as the United States printed too much money (not backed by its gold reserves) to wage war on Vietnam, destroying a big part of the value of the U.S. Dollars held by its allies, due to the inflation of the U.S. Dollar money supply.
Yet, the initial demand for U.S. dollars created the American way of life: a consumer driven economy fueled by products made outside the U.S. in return for U.S. Dollars. As the Allied countries couldn't really buy any "Made in America"-products, due to the fact that the United States' elites rather outsourced their manufacturing, they instead invested their hard labor into U.S. Treasuries.
On August 1971, President Richard Nixon announced the unilateral cancellation of the direct international convertibility of the United States dollar to gold, in a response to halt the Allied countries' continuous attempts to exchange their U.S. Dollars for Gold. By 1973, the Bretton Woods system was replaced by the current freely floating fiat currency system.
The petro dollar system.
The second wave of U.S. Dollar adoption was the result of the petro dollar, making the global trade of oil U.S. Dollar denominated. Every country on this planet needed and still needs oil to operate and grow its economy, creating an enormous growth in U.S. Dollar demand and like mentioned before, those dollars had to be earned. Especially China served the United States consumer model by producing almost everything Americans can buy in Wall Mart and other stores. By relying on the U.S. Dollar reserve currency status, the American elites have made the mistake of outsourcing manufacturing to China, as often predicted by Donald Trump in the 1980's. The y figured it was easier to just print wealth.
The tradewar.
President Donald Trump, decided it was time to bring jobs back to the U.S. and started an ongoing trade war with China, the country that supplied the U.S. consumer driven economy, and proud owner of $1.07 trillion in Treasury holdings. The trade war has negatively impacted the economies of both the United States and China and will most likely result in the decoupling of both economies.
What is to come? My personal insights.
I see huge problems for the U.S. and the rest of the western liberal democracies. But especially the United States, who's currency amounts to no less than 60% of all the world's reserve assets, is vulnerable if and when China who only accounts for 1 or 2 %, says it is time for change. Most likely we will experience another banking crisis, with or without Covid-19, and unfortunately a bigger one when compared to the 2008 dissaster. Did you know that the global debt tripled since then? Many economists and politicians advocate the end of the U.S. Dollar reserve currency system and predict a reset. Every financial system has a limited lifespan similar to a human live: it is created, it grows, it matures, and unfortunately, it ages, weakens and dies. It happened to the Brittish Pound Sterling, and I am afraid that the days of this financial hegemony are numbered as well.
And I did write "afraid", why?
History tells us that these transition periods are particularly dangerous and have often led to full-blown military conflicts if not world wars. The current wealth transfer, the result of manufacturing outsourcing to mainland China, impoverished the United States and destroyed its middle class. President Donald Trump's analysis that the U.S. needs a strong manufacturing base is correct, yet without its allies the United States will not be able to turn the tide.
It took China decades to build its manufacturing base, and President Trump doesn't have the privilege of having the political luxury to design five year plans, as the United States capitalistic and political model specializes more on presidential campaigning and less on economic planning, which is exactly China's strength.

3. The Chinese 'digital' empire.

China is ideally positioned to become the new global power: it produces many of our products and dominates most supply chains. It has been hoarding gold and mines most of the Bitcoin. It might just have the right reserve assets to back its DCEP, the digital Yuan, which will be pilot tested during the 2022 Winter Olympics hosted by China. Despite the fact that the United States and other western nations might not want to adopt the Yuan or allow it to be part of the world's reserve assets, China can demand payment in Yuan for its products. It's that simple! This is why outsourcing is such as stupid economic voluntarily yet fatal policy. If you only print money and don't produce goods, how long will the world play ball?
One of the results of Trump's trade war is that China and other countries such as Russia and Iran no longer want to be vulnerable to U.S. sanctions that come in the shape of being denied access to the financial system through Swift. The United States can indeed destroy a big part of Iran's economy, but Iran is now becoming a big cryptocurrency player. In other words, bullying those countries might work in the short-term, but in the long-term they will simply adopt a new standard: and I believe that the Yuan will likely play a major role in the financial system they will adopt.
This trend means that the expansion of the demand in U.S. Dollars will stop and reverse, when countries no longer want to use the currency whose issuer can economically destroy them through sanctions. The alternatives for such countires are cryptocurrencies like Bitcoin, Ethereum and many others, national CBDC's (Central Bank Digital Currencies), and the adoption of the digital Yuan.
This digital Yuan will be attached to the One Belt, One road initiative, finding adoption whilst developing huge infrastructure projects that will lead to a Eurasian trading zone. If the U.S. Military leaves the Middle East, as Trump brings home troops, this will create the right conditions for China to emerge as the victor.

4. Surveillance Capitalism - Insights on the DCEP (Digital Currency Electronic Payment, DC/EP):

  1. This centralized digital financial system works on blockchain and cryptographic principles and aims to increase the circulation of the RMB, in the hope it can become a reserve currency like the U.S. Dollar.
  2. Created and sanctioned by the Chinese Government, it is the only legal digital currency in China.
  3. The system offers Chinese regulators better monitoring abilities and will be an efficient tool against anonymous counterfeiting, money laundering and illegal financing. At the same time it reduces costs involved in maintaining and recycling bank notes and coins.
  4. As mentioned above, China aims to bypass Swift, which it regards to be a U.S. entity, and will be able to collect real-time data related to money creation, bookkeeping, essential information for the implementation of monetary policies.
  5. The pilot institutions for DCEP, China Construction Bank, Agricultural Bank of China, Bank of China and Industrial and Commercial Bank of China, will serve as a production test for China's new currency system, after which the DCEP will be distributed to large fintech companies such as Tencent and Alibaba to be used in WeChat Pay and AliPay. Transfers will not go through bank accounts, but through electronic wallets.
  6. By mandating that all merchants who accept digital payments must accept DCEP, the DECP will become the most accepted digital currency in the world.

5. Sings of hope.

If the United States adopts blockchain and issues a CBDC (Central Bank Digital Currency) backed by Bitcoin, they will have a reasonable chance to offer the western democracies a new type of dollar standard that can be an anchor versus the coming RMB. If not, I fear the worst is yet to come for the U.S. Dollar and its economy.
Many smart American economists and Wall Street goeroe's have finally figured out the remarkable strength of Bitcoin, the world's first and most favorite digital form of gold.
Some of the smartest investment capitalists like Ray Dalio and Warren Buffet have allocated more money into gold, a clear sign of trouble. Bitcoin might be a step too far for Warren Buffet, but rest assure that Wall Street investment management companies have figured it out by now, have you?
You can expect more institutions to allocate a % of their portfolio's wealth into Bitcoin and other cryptocurrencies, as a hedge against the systemic risk in our global financial system, which will inevitable start feeling the effects of the trillions that have been printed.
"Inflation makes you pay 50 dollars for the 20 dollar haircut you used to get for 5 dollars when you had hair!"
submitted by O_My_Crypto to Bitcoin [link] [comments]

Leaving Boulder...

It's very bittersweet to write this post. I'm very excited and happy moving to another area of our beautiful state, while I'm also really saddened by the current state of Boulder.
I moved here a little over four years ago with a great understanding of our past and how we arrived to our current predicament. I moved here with the enthusiasm of most "tech bros" trying to change the world. I got very far in my journey, even becoming a local leader in the community.
I ran the Bitcoin meetup in town for nearly three years, educating any of those in the community that wanted to better understand that technology. I'm also a veteran who uses cannabis as medicine in a scientific practice with myself. Being disciplined, informed, and active in the community, Boulder city council decided to appoint me to the newly created Cannabis and Advisory Licensing Board, better known as CLAB.
This past Monday after our scheduled meeting I publicly stepped down from my position. For some reason these meetings are NOT posted to the City of Boulder youtube channel like all other Board meetings. So I figured I'd post my resignation here too, in hopes it sparks a bigger community discussion.
Thanks for the four years Boulder. I didn't go to CU but I certainly got an education.
It's with regret and sorrow I have to inform my fellow board members, and city staff, that I'll be resigning from my position on CLAB effective immediately following this meeting.
When I applied for this position the world was a much different place and I thought I understood Boulder. From an outsiders perspective it can appear Boulder is an "Independent" entity that acts as an incubator for new ideas and perspectives of thought. As well being a very health conscience population that's built it's ideas from a learned position.
I'm very sorry to say this has not been my experience over the past six months. COVID-19 has been a deadly virus that warrants our attention, however very recent CDC Fatality data shows this virus doesn't warrant the level of hysteria we see with a real pandemic. I've been to war in Afghanistan and was a first responder to hurricane Katrina, I've witnesses horror that warrants hysteria. Unfortunately the hysteria in Boulder I've witnessed is a rush to conform and push others to conform in the name of "public safety."
Let me say from a veterans perspective right now. I signed up and fought for your freedom, not safety.
When I was asked to perform unconstitutional acts as a first responder to hurricane Katrina, I refused that order. Similarly today I'm having to resign because I fear the governing bodies overseeing our Board is acting unconstitutional. The recent orders for 18-22 year old's that restricts their freedom of assembly is the reason for my resignation. On-top of that Boulder's quick will to turn against people's independent ability to act freely while choosing their level of safety, has me actually leaving Boulder county. Lastly this is a call for us all to wake up that contact tracing is hindering our liberties on a much more vast scale.
Again I'm very sorry to have to put my fellow board members in the position to replace me so early in their campaign to properly regulate the cannabis industry. I feel this is a very important discussion and I hope you'll move to find another worthy patient advocate.
submitted by legit-lurker to boulder [link] [comments]

WTF Happened in 1971?

In a recent spillover of internet-based long-form intellectual new media into the mainstream, Eric Weinstein appeared as a guest on Ted Cruz's podcast. Eric was well prepared. Cruz played the role of a charitable and engaged critic while avoiding direct confrontation.
The conservation laid bare the intersection of the anti-corporate socialist left and anti-government libertarian right and the potential of these forces as a combined political interest. There was a strong sense of shared acknowledgement of the current crisis and they touched on all the culture war aspects. But I'm more interested in what Eric has pointed to now several times as the root cause of the systemic decline, and what seems to be the original trigger for the slow decay and building of tension that has ultimately led to the rise of darker elements on both the left and right that we see today: a Great Decoupling of productivity (GDP) and wage growth in the early 1970's. The significance of this time period has also been highlighted by Eric's boss, Peter Thiel.
We are referred to https://wtfhappenedin1971.com/, where a collection of charts give the impression that a profound change in the foundations of the economy took place, effectively causing a divergence of all kinds of metrics related to equality, wealth creation, the complexity of regulation, and implicitly downstream effects like political polarization, incarceration rates, and age of marriage.
The simple, seemingly persuasive answer is that the effective cancellation of the gold standard set us on a path towards borrowing ever larger sums to avert financial crises as they arise, and the return to a currency backed by something provably scarce, i.e. bitcoin, is a solution.
I can't say I'm convinced it's that simple. And Eric doesn't mention currency specifically as the problem.
So what I want to know is, was 1971 a real inflection point, the real root of inequality and dysfunction we see today? Was the removal of limits on the Fed's ability to print money a mistake? Or was there some other government action or change at that time that was the real cause? Do we need to let stock market crashes happen from time to time?
A year ago, u/gwern posted a 1986 Atlantic article that described a lot of the problems in black America that are still around 4 decades later and offered more in the way of nuance and insight than most of the discourse we see today. What struck me on revisiting it was how the timing of the decline of Chicago aligns with the early 1970's trigger hypothesis:
In 1970 thirty-seven percent of the population of the area was below the poverty line; in 1980 the figure was 51 percent. In 1970 the unemployment rate was 9.5 percent; in 1980 it was 24.2 percent. In 1970 forty percent of the residents of the neighborhood lived in families with a female head; in 1980 the number had grown to 72 percent. In 1980 of the 54,000 residents 33,000 were on welfare. Experts agree that all of the numbers are even worse today.
My mental model for social issues is that they are mostly rooted in economics. If you have a society that generates wealth, you can pay teachers, doctors, and police well enough to attract competent candidates and the competition necessary to create real expertise. You can afford to build and maintain good infrastructure and spend time on figuring out how to best help the disadvantaged. You have the resources to advance technology and support the arts. You get all the positive feedback loops that come with this.
When wealth generation becomes concentrated and restricted, public institutions start to struggle, people feel they have less opportunity, and social issues start to bubble up like the formation of outgroups of all kinds. A massive oversimplifation, I know, but a useful general framework to approaching issues that avoids (mis)placing blame on cultural degeneracy, "evil" corporations, or other common scapegoats that are largely symptoms of greater problems.
Today, this mindset seems to align with the conservative right, but in the 1986 article it's the "liberal answer" to the problem of ghettos that I identify with:
In Chicago the harbinger of the change was the closing in the late fifties of the stockyards, which for half a century were the sine qua non of lower-class grunt work and a heavy employer of blacks. Chicago lost 200,000 jobs in the seventies; small shut-down redbrick factories that used to make products like boxes and ball bearings dot the city, especially the West Side. The lack of jobs, the argument continues, caused young men in the ghetto to adopt a drifting, inconstant life; to turn to crime; to engage in exaggeratedly macho behavior -- acting tough, not studying, bullying women for money -- as a way to get the sense of male strength that their fathers had derived from working and supporting families. As Murray believes that one simple step, ending all welfare programs, would heal the ghettos, the unemployment school believes that another simple step, jobs, would heal them. "When there's a demand for the participation of the black underclass in the labor force, most of the so-called problems people talk about will evaporate in a generation," says John McKnight. an urban-research professor at Northwestern University.
Indeed, Mr. McKnight. And up until this spring, it looked like the Trump presidency's aggressively pro-jobs and pro-American workers policy was showing promise of vindicating this view - the presence of BLM and racial tensions leading up to 2016 had all but subsided by 2018-2019. I wonder just how little backlash the George Floyd incident would have caused if the pandemic hadn't undone the economic progress of the past 3 years.
Mind you, that "progress" was but a tiny step in the right direction in terms of improving wages and opportunities for the lowest earners. And for all the times the "audit the fed" meme hit the top of the_donald, it now seems impossible that the current administration has any capability or willingness to take the drastic steps needed to address the real root cause that apparently started 50 years ago. To do that, we may need an actual revolution.
submitted by curious-b to TheMotte [link] [comments]

Bitcoin's next 15 years : Year 2020–2035

2020 4Q

~ More companies follow in Microstrategy’s footsteps. Rumors of more corporate treasurers investing in BTC in boardrooms globally. A few listed large corporates announce accumulation of BTC after their buddies have all bought in (Board members, C-suite executives, family, and friends, etc.)
~ Money printing does not stop as the deflationary force of technology is too severe; the new US government formed after Biden’s win begins to adopt MMT as its primary guidance of future economic theory, led by Steph Kelton.
~ The holiday season and strong seasonality pump BTC back to $20k for the first time. Hard rejection and price fall back to $14k.

2021

~ BTC finally breaks $20k after multiple retests of overhead resistance sometime in spring
~ Almost weekly we see another corporation announcing vested interest in BTC
~ No longer in doubt that the asset class is in a bull market. Macro funds pile in. By year-end, we’re at $55k. Newspaper reports Bitcoin has now broken the $1 trillion mark. Most institutions begin scrambling to understand the asset class and set up “Digital Asset Investment teams”
~ Retail money flows to altcoins; Bitcoin is becoming too expensive for “retail” investors. The bitcoin community discusses possibly denoting BTC as sats, but majority of exchanges not interested as they derive most income from alt flows. However, most Bitcoin-only platforms switch to sats as the primary display format led by bitcoiners who now have considerable wealth and influence
~ Increasing talk that some smaller nations are now discussing the prospect of including Bitcoin on their central bank balance sheet
~ The first BTC-denominated corporate bond is launched

2022

~ Those in power have established full BTC positions, and we begin to see subtle clues that some countries are possibly accumulating BTC
~ Private banks selling BTC structured products now out in full force; custody solutions are now institutional-grade. 50% of the world’s banks have some product/solution tailored around bitcoin. The other 50% scramble.
~ Marks the top as BTC momentarily exceeds the most valuable company by market cap (~$2.5 trillion in 2022 @ $130K price). The final days of the frenzy are filled with rumors that central banks have accumulated 10% of global supply, and that it may even form part of the IMF’s global recognized reserve currencies. Crypto Twitter reaches peak “I told you so”

2023

~ The next bear market isn’t as severe as the last few; as the digital asset teams of various institutions are accumulating up to 2-5% of their AuM. It’s now commonly accepted that this asset class is here to stay and that even deploying $10 billion is no longer an issue in an asset class worth an aggregate $5 trillion.
~ BTC finds a floor 60% lower at $50K as smart money accumulates. CT screams for a 80% correction because mUh bItCoIn cYcLeS aNd fRaCtAls
~ Investment banks now have full-fledged research teams dedicated to digital assets. Calls for 80% correction too, so the smart money front-runs.
~ The middle class latches on to the wholecoining meme. “1 Bitcoin to secure a retirement; stack those sats”
~ The wealthy who are now increasingly composed of inherited wealth begin selling real estate/equities/bonds for Bitcoin but holds their BTC with their private bank. Realizing that Bitcoin supply is truly limited and sensing the “1 bitcoin to retire” meme; and that not every millionaire can own 1 bitcoin, many of the rich/ultra-rich scramble to buy 5–100 BTC each if only to cement their status as rich. 5–100 BTC costs $500K-10M (at $100k per BTC)
~ The winning product of the year is an automatic savings plan in bitcoin.

2025

~ Bitcoin is back to trading near its all-time highs of $130K after the 2024 halving cycle, however, the effect is marginal but the markets wrongly attribute it to the halving supply squeeze, building a false narrative for the next cycle in 2028.
~ Institutional money now in full-play; on hindsight we’ll realize the 10-year steady bull-run has actually begun since last year in 2023, similar to the gold bull run from 2000 to 2011
~ More exchanges finally denominate BTC in sats. $100K BTC = 0.1 cent per sat. Logging into platform displays your stack as:
“11.7m satoshis ≈ $17,500”

2028

~ Retail attempts to trade around the 2028 halving cycle. The halving cycle no longer have much of an impact, as demand now far outstrips supply changes
~ Many earlycoiners now sell between $200–400K, only to see it continue its relentless climb at a 30% annual rate
~ The first central bank announces the official addition to their balance sheets; all other central bank begins to FOMO. Cements BTC as a global reserve asset.
~ Governments ask that private ownership of bitcoin be transferred to regulated financial institutions such as their local bank where it will be held under custody. 70% of people do so.

2033

~ Many of the early-coiners now buyback at near to $1M ($20 trillion market cap), finally equaling gold’s market cap at a price of $4000+
~ Bitcoin peaks and meanders under $1M for the next decade
~ Volatility is now <10% per year, merchants begin adopting it en-masse as a medium of exchange

2035

~ 5 years of price stability leads to some merchants re-pricing certain goods in sat-terms
~ The lightning network crosses a billion channels created
~ Fiat does not go away, but most G20 countries decide to ban bitcoin as a medium of exchange for economic transactions. Ownership of bitcoin as an asset is encouraged as a store of wealth; private ownership is frowned upon and in some cases made illegal.
submitted by laobuggier to CryptoCurrency [link] [comments]

Monero Community Workgroup is preparing for the large growth ahead

Diego (u/rehrar), Doug (u/needmoney90), and Justin (u/SamsungGalaxayPlayer) would like to share some exciting news regarding the Monero Community Workgroup (MCW). The Monero community is growing, and so is our support and group of volunteers. The TL;DR is that you can expect some cool things as we grow.

Some MCW History

The MCW initially began as the Monero Marketing Workgroup in March 2017. Diego was interested in helping grow the Monero community, so he contacted Justin and set up the MoneroMarketing subreddit. At the time, the idea of a Monero marketing initiative shocked many in the community, who greatly appreciated Monero's general distance from the marketing efforts by many ICOs and scams around that time.
The Monero Marketing Workgroup focused mostly on preparing educational materials and getting people involved to work on Monero-related initiatives. Shortly after the workgroup began, it transitioned into an area that needed more love: community organization and communication.
Up until this point, the Monero community was focused around the developer meetings and the Monero subreddit. While these are still highly relevant in the Monero ecosystem (for good reason), there wasn't a great way for people to stay updated with the latest news and to discuss non-development items. The Monero Community Crowdfunding System (at the time Forum Funding System) submissions weren't discussed in the same way that they are today, and there was no central Community Workgroup to help bring initiatives together. It was obvious that with a larger, more diverse Monero community, a dedicated set of resources would be necessary to connect all these projects together.
The Monero Marketing Workgroup became the Monero Community Workgroup during the first Community Workgroup meeting on 18 June 2017. These meetings have largely occurred every other Saturday ever since and serve as an essential community service to discuss CCS proposals, hear workgroup updates and news, and discuss new ideas. The Community Workgroup channel (#monero-community) is used for many other purposes, including other scheduled meetings on deemed-necessary items of interest and regular feedback, questions, and chat.
On 7 October 2017, the workgroup hosted its first Coffee Chat, a casual conversation covering the month's recent news and most important discussion topics. These Coffee Chats help humanize the Monero community, who until this point typically were only known by their pseudonyms. The MCW played a part in the Monero Konferenco, Critical Decentralization Cluster at the Chaos Communication Congress, and Monero Village at Defcon livestreams and derived content. It also hosts Breaking Monero, a series that features members from the Monero Research Lab who discuss Monero's limitations.
A year after the MCW became its new name, the newly-founded Monero Outreach Workgroup took over many of its initial ambitions in June 2018. Other related workgroups like Monero Ecosystem have their own communities and functions.

The Community Keeps Growing

The Monero communities are significantly larger than they were back in early-2017, and they keep on growing. In early-2017, there were no mobile wallets, the GUI was only 3 months old, there were far fewer exchanges, etc. Today, Monero has one of the largest, most respected, and most passionate communities. We have the third largest number of developers of any cryptocurrency project, we are the only project with our own DEF CON village, and we are one of the few names that everybody knows. Awesome work to everyone around, truly.
With larger communities comes more work. The community deserves reliable, appropriate resources to sustain this growth. In a decentralized community, this is difficult. Monero Core provides some essential services such as the CCS, getmonero.org, Mattermost, and GitLab. However, they have been unable to meet the growing needs of the community alone. Thus, the MCW has been happy to support other needs to the extent possible: we discuss CCS proposals during our meetings, host several servers, organize Coffee Chats and conference talks, and more, along with efforts of other workgroups. These have become such a significant undertaking, and that's a good thing. As Monero continues to set the gold standard for cryptocurrencies the expectations keep growing. It's awesome to be a part of something where so many people care.

Our Future

The MCW has grown too much for the three of us to organize all the resources we need, let alone the needs of everyone in the Monero communities and workgroups. Thus, we are furthering our commitment and offering substantially more services in the coming months. To get there, we need your support to fill volunteer leadership and support positions.
Expect the following dedicated services from us:
  1. Jitsi server with higher framerate and resolutions than Jitsi Meet, so that our Coffee Chats, conferences, and other events are better quality than before.
  2. NextCloud to safely and securely collaborate on blog posts, share files, and more.
  3. Sandstorm and Wekan kanban board (open source Trello copy) to keep track of, propose, and assign tasks and projects.
  4. Chatwoot to provide tailored support for Monero users with a volunteer support community (also a good learning exercise).
  5. Mastodon to communicate about Monero and other news, so we aren't dependent on Twitter's policies and security.
  6. Flarum forum for Monero news and discussions, so we aren't dependent on Reddit.
We need your help to make this happen! We will form "task forces" to focus on certain areas like marketing, system administration, meetings, moderation, and finance. If you have any of these skills, please join #monero-community and say hi, or shoot us an email ([email protected])!
Doug, Diego, and Justin feel that these changes will allow the Monero community to grow in new ways and continue collaborating. The community consists of many workgroups that focus on projects that they are interested in, and we want to support the efforts of these communities.
To allow these changes, Justin will form an LLC, with him and Doug being officially on the board, and Diego taking an advisory role.
Creating a legal entity serves two distinct purposes. First, it allows us to aggregate payments from many people into a single entity to pay the costs for hosting various community servers/services. This greatly reduces our own workload and out of pocket payment. Secondly, it allows us to aggregate multiple social media handles that are currently controlled by individuals under a single entity, to reduce the "Bus Factor."
Of course, the MCW will remain very much grounded in the ideals that made that made it great in the first place. And the entity will always support the Monero communities, never claim to fully represent everyone involved in Monero. It can only ever represent the efforts of those involved.
Current and future goals of the MCW include:
  1. Provide resources as necessary and reasonable, such as communication platforms
  2. Organize discussions to promote communication, such as Community Meetings and Coffee Chats
  3. Promote positive culture through events, such as with Coffee Chats, the Monero Konferenco, the Moneoversary, and the Monero DEF CON Village
  4. Support other Monero workgroups and Monero ecosystem projects
  5. Provide mechanisms to collect feedback on community, developer, and research proposals
  6. Discuss the Monero CCS ideas and otherwise support the Monero CCS
  7. Promote Monero and privacy education and marketing
  8. Serve as an available community mediatoarbitrator where reasonable
  9. Communicate the broad interests of the Monero community and provide a voice where and how appropriate
  10. Collaborate with other projects, companies, governments, and communities

Monero Community Support LLC

Q: Why does the MCW think that an LLC is needed?
A: For two primary reasons. First, payments. As mentioned, there is existing digital infrastructure, currently paid out of pocket by MCW leaders. Even if a CCS proposal was to be explored, it would make personal accounting and tax reporting very difficult as assets would technically be mixed with personal assets, throwing off capital gains calculations. Up until now this has been a sacrifice of time that we were content to make, but as we continue to ramp up our goals it is becoming increasingly cumbersome, and alternative methods are needed. An LLC would be able to hold these monetary assets as its own entity, and all funds could be kept separate from personal funds, leading to much easier accounting all around.
Secondly, an LLC would allow for digital infrastructure to come under the legal purview of several people, reducing the possibility for any particular person going rogue and decimating what has been built. There may be concern about bringing resources under a corporation, and that this is not in the spirit of Monero, but one thing to note is that all assets and services (noted above) are FOSS/CC. Meaning if at any time a community doesn't care for what the MCW accomplishes under this LLC, they can simply start their own infrastructure with low switching costs. Once again: EVERYTHING IS FOSS/CC.
Q: Why not a nonprofit, cooperative, or other type of organization?
A: While not out of the question, these take additional effort. We hope to grow into these organization types with the help of others. However certain registrations take a lot of time and effort, plus has quite significant restrictions on activities. The LLC will allow us the flexibility and convenience we need now, especially when we currently have no income anyway.

Looking Ahead

The MCW has a mountain range of opportunities ahead of it, as do all Monero communities and workgroups. We hope that our efforts are of use to you and others, and we hope that you join us in making something great :)
Justin, Diego, and Doug
submitted by SamsungGalaxyPlayer to Monero [link] [comments]

Fanboyism, maximalism, interoperabilty, working with others and division of time transcript

Hi everybody, this is Charles Hoskinson broadcasting live from warm sunny Colorado.
I wanted to make a video about division of time. I've been recently making a lot of commentary on the ETC ecosystem. I've also reached out to other ecosystems like the Bitcoin Cash ecosystem, the Litecoin ecosystem for a variety of reasons and I noticed that there are some people in the comments and then telegram and twitter and other places say "oh no" focus 100% of your effort on Cardano! Why are you talking to ETC, why are you doing this and doing that?
So first off I run a big company. I we have over 250 people. About half of those people wake up every day and they're involved in Cardano. The other half are not so. As the CEO of a company where you have that kind of division there's non-Cardano things I do. Cardano's our largest project, we're heavily involved in it and obviously we wake up every day and we want Cardano to be successful and have billions of users and this is why we are following the process we're following. We're building the technology we're building. It's why we work very hard trying to commercialize it.
Every deal we do in Africa, every deal we do in eastern Europe, every deal we do in Asia, we have a Cardano first policy of deploying those deals on that platform and we built that platform to service those deals and as that platform evolves you'll see more use and utility from our sales channels in that respect. That said, one of the pillars of a third generation cryptocurrency is interoperability. It's kind of a silly thing to be a maximalist but then also talk about interoperability. What the hell is the point that? Either you want one chain to rule them all and therefore you don't care at all about talking to other systems or you put your money where your mouth is and you work on those other systems. You build expertise in those systems, you affect changes in those systems so that those systems can partner with our systems and work with our systems.
You know the Samsung CEO? He has a division that every day gets up and works with Apple and they work on the motherboards of the iPhone and build memory for them. Do all kinds of cool things and Samsung's division knows what the iPhone is going to look like before any of us knows. At the same time, there's another division at Samsung that wakes up every day and works on phones like the Galaxy to compete with the iPhone. Great companies have the capacity to do these things and we are a great company in that respect we have different and dedicated teams for different products and projects.
Now, we will never work on overlapping systems. It's not the case that we're going to have developers go and work on Cardano and something that's a direct competitor of Cardano because it makes no competitive sense for that to happen and I do not view ETC as a competitor of Cardano. It's a proof-of-work system, not a proof-of-stake system. It's a code-is-law system, not a world-financial operating system. It's a system that will always have a smaller group of people in it and always have a smaller set of things to do so time spent there with a completely separate team has no bearing or impact on our ability to deliver things with Cardano.
I can't accelerate things above and beyond what the teams can do, for example, today. I'm waiting for Daedalus flight to come out. There is nothing I can do. I can't pick up the phone and call the engineers and say can you ship it 15 minutes faster. The plan, it's been set, the release manager is there, the QA, team's there, everybody knows what to do. There's consensus amongst that team. They're going off to the mountain top, get it done and when it's done they'll let me know and then I'll tweet "new Daedalus is out guys" go play with it and it gives me some work to do of course but until they finish their job there's nothing to do in that respect. The Cardano plans we have are well set , we know exactly what we need to do. Those teams are working hard and I do everything in my power to accelerate things where and when it's safe to do so and everything in my power to get things done.
Shelley, for example. We worked so hard to get that out on July 29th, we had almost unlimited overtime. Everyone worked the weekend. Some people worked over 40 days straight to get that release done. Meanwhile half of the company was doing other things in other capacities and working on those projects. None of their work or the other cryptocurrencies we tend to work with had any bearing or impact on our ability to accelerate or decelerate the Shelley work stream. I just want to make sure everybody understands that and for people who have developed a maximalist mindset to get out of that maximalist mindset. There's a place for maximalism, it's called Bitcoin maximalism. If you live there, go there, okay and go believe in that project, in that chain but this is the Cardano ecosystem. It's going to literally work with hundreds if not thousands of different standards over its life. From central banks to other cryptocurrencies to legacy financial operators from the Chases of the world to the Goldman Sachs' of the world.
Provisions will be made to build special hooks for these systems including interoperability with permission systems. It's very likely in the next 24 months Cardano will be talking to an instance of Hyperledger Fabric from IBM. Very likely that that's going to happen. It's very likely that we'll consult on a project that does that and no way does this diminish the road map or somehow make Cardano less competitive. It's actually quite the opposite. The fact that we can work with those systems, the fact that we can do things with those systems means that the platform as a whole is intrinsically more valuable. It's easier to sell to Fortune 500 companies. It's easier to get use utility and adoption because people understand that they're not being led down the road of vendor lock-in and regressing back to the old days of internet explorer or what ConsenSys is trying to do with Ethereum, trying to lock everybody into one standard, one system, rather the value proposition we offer.
Is true interoperability the ability to move in and out? Furthermore, when you create partnerships with other ecosystems then their success is our success. For example, if the treasury system proposal succeeds in ETC they will be in the market for a permanent treasury system in 2021. We as a community can make the case that we've constructed with Voltaire is a great choice for them and of course we'll try to make that case and if it's successful we provide mutual value and benefit more volume and transactions and activity on the Cardano network, and for ETC they have a best-in-class treasury system that meets the values of that community. The exact same argument can be made for Litecoin, or for Bitcoin cash or for other systems and if you want to see the wrapped Litecoin video that I did earlier in the year it gives a great road map for a potential push there.
Furthermore, what if we turn Daedalus into a multi-currency wallet? That's already going to happen because we have a multi-asset standard and so when people issue tokens on Cardano Daedalus will support those tokens sometime in the future. It would be very easy for us to pull Ethereum classic and Litecoin and Bitcoin cash and other ecosystems into the Daedalus wallet. What does that mean? It means that people who live in that ecosystem will be using our technology as their day-to-day experience in hosting for their token! What does that mean if we have a DEX built into that thing? It potentially could create more adoption in use and utility for ada and this is the point we accomplish so much more working together than beating each other down.
I am damn tired of the cryptocurrency markets as they are. The fanboys, the trolls, the FUD, the maximalism, the relentless allegations that people you disagree with or hold different tokens are scammers or criminals or bad human beings. It's time we as an industry set this aside and grow up. Just grow up or else what's the point? Why would anybody looking from the outside at all of this chaos and noise and insanity and maximalism want to come play in this pool? It's like you're about to enter a bar and you see a bar fight. Do you keep going in or you turn around and walk away and say I don't want that trouble. I'm going to go down the street somewhere else that's safer and so how will we ever get mainstream adoption, how will we ever make the argument to governments that they should trust their elections, their property, perhaps even the money of their people on our systems if we're incapable of entertaining other ideas, other philosophies and other ecosystems? We don't deserve the right for that responsibility if we're not mature enough to have differences of opinion and be able to welcome other ecosystems into our own.
So this video is a call against maximalism first and foremost and second it's a realization that the duties of an executive officer are extensive meaning that there are days I wake up and there are Ethereum days and, by the way, working in that ecosystem gives me and my company exhaustive knowledge on how Ethereum works which allows me then to build a better product than they have and understand where all the bodies are buried: all the flaws in the protocols, the security issues, the performance issues, the smart contract development experience. That intimacy is extremely important to be able to predict, react and also plan a competitive strategy that can take you in a different and better direction.
You just don't live in a mono-culture. It's a bad deal, that's the second point. You have many projects. When you have a larger company, some of those projects are completely separate from each other. Some of those projects may have a bit of overlap. We have a philosophy that we don't work on competing products. For example we have done work with horizon (Horizon2020?) and as a consequence of doing work with them we're probably not going to work on zcash at the same time. As long as we have that relationship there we, for example, work on Cardano so we're not going to go work on another proof-of-stake system that wants to be a financial operating system. That would be a direct competitor. For example, Tezos would be happy to jointly author papers and coordinate collaboration but there needs to be a Cardano benefit in that relationship whereas ETC as I've mentioned is a totally different system and it's something that we have as a company historically worked on for years.
We started our participation in 2016. We built a full client in that process. Did that have any impact on our ability to deliver Cardano? We had a completely separate engineering team. That team was actually sourced from external companies. Scalac and Atix Labs to begin with and then we built on top of it and it had different product and project management and it was completely written with a different group. So it might as well have been a different company for that matter and I just talked to the team but the Cardano team was doing its own thing so I I think we need to just cut it out. Cut out the maximalism, cut out this idea that there is only one truth. We live in a nuanced world and we live in a world of interoperability. We have to embrace that if we wish to be successful and let us be the adults in the room. Let's be the place where this isn't the bar fight and let's be the place that welcomes everybody.
Furthermore, I've noticed some criticism from my own community. When people criticize us and they go to the politics of destruction or personal attacks or yield on criticizing people's intelligence or whatever have you... Cut that out too. Let's be a better community. I repeatedly call upon the Tezos foundation to tell its community to stop criticizing Cardano and calling it's "a scam project". So, I'll call upon my own community, I have seen things that shouldn't have happened. Certain members of Cardano community replying to people over twitter, replying to people who criticize us have resorted to personal attacks and so forth. Again, just ignore them , mute, let's embrace unity, let's embrace being better, yes, occasionally you got to kick people in the teeth especially when people are lying and what you do is you call them out on the lies that they've made. You specifically point out where they have done things that are a bit crazy or disingenuous and dishonest.
For example, we had a meeting today with Ethereum classic and it was blatantly apparent to me that this process has been set up to fail and be exclusive and prevent alternative ideas from a certain power structure from being held. So, I made a 30-minute whiteboard video where I not only called it out but I proposed an alternative and said this is how we're going to transcend that process and get to a much more productive way of doing things. Some of the criticism we have is justified because of product delays or because people don't fully understand who we are and what we're trying to do and obviously there's history there. So, first and foremost, let's reply with facts. First and foremost let's reply with dignity and respect and empathy for the other person's position and you know what? If they continue to push forward then you kick him in the teeth and you say it's obvious you don't want to have a conversation. You're a troll, but to my community please do this and please have this level of respect and dignity with others and with each other.
For example, we right now have a lot of debates with small stake pools versus large stake pools, there's plenty of people floating around with differences of opinion and our mantra should always be disagree without being disagreeable. People are going to have other values people, are gonna have differences of opinion and people are gonna have different perspectives. You can't change that reality nor should you. We all have the right to think and have differences of opinion but we also should expect a dialog that's fair and has empathy in it and so I call upon everybody to preserve that decorum as we move forward and also understand that some days we wake up we have to do things that are non-Cardano related in order for us all to be successful because not all the world will ever be Cardano related. We always need partners whether it be great pieces of hardware like Ledger and Trezor or exchanges to work with different wallets and sometimes those partners do stuff with us and sometimes those partners do things with other people. We have friends, we have projects we admire and respect.
For example, I've expressed repeatedly great admiration for the Algorand project. I think they're doing a phenomenal job and they have great leadership with Silvio Micali. I think the research and the engineering there is top notch. I personally believe Cardano is better. That's because we built it and that's because we think we have a better strategy to market and ultimately the market's going to decide which standards to go with and whether it's going to be many standards or a consolidation. That's not my decision. I just have to wake up every day and fight for the things I believe in. That said, never once have we ever criticized Algorand because they are in essence the model of empathy and dignity and good communication and being very proactive at focusing on solutions when they make announcements. They make announcements about new things that they're doing and new partners that they have and never once have they ever criticized another project or engaged in fanboyism. That's a great community, that's a great project and it's a model for where the space should go and I admire that deeply and greatly especially when you contrast it with other projects that have been less empathetic in their history.
We all have our problems, we all have our issues. I know that we all can be better and so that's my final point. Let's do that. Let's be better as an industry. Let's be a bit friendlier and let's invest the time and effort necessary to really understand and listen to each other because ultimately I think that's going to get us where we need to go and be able to get us to a point where we have that adoption of millions and billions of people and fundamentally change the fabric of society.
Otherwise we will be victims of our own success and descend into tribalism and descend into sectarian violence and then ultimately destroy the entire industry because it will become co-opted by large companies who use a surface-level marketing to take the brand, take the notion of a blockchain but then install centralized authorities behind them and in which case we've lost. I don't want that to happen I want the movement to succeed. I want us to understand each other and I enjoy having great competitors sometimes working with them sometimes fighting them in the battle of the markets, in the markets of ideas and ultimately I think we as a community have a chance to also be a model for everyone else.
So, let's do that. Thank you...
Video: https://www.youtube.com/watch?v=RXQrm18XhQ8
submitted by stake_pool to cardano [link] [comments]

Is it rational to give up during a pandemic?

[CW: emotional outpouring]
I (22 y.o.) just found out that my cousin, who visited us last night to drink with my brother (29 y.o.), tested positive for COVID-19. I am currently living with my mother (57 y.o.) and her boyfriend (55 y.o.) supposedly to hide from the pandemic that's currently on our doorstep.
I want to blame people. Isn't that natural? I mean, I have grown hoarse admonishing my older brother for hosting family members in our house but he and my mum keep colluding to break all my quarantine precautions. Why? I don't know. Maybe it's in our blood to be disagreeable. Maybe it's because I'm the Weird Science Kid who does everything out of weirdness. No one listens to me in this house. I have lost all semblance of persuasion points ever since the pandemic started and now I can't get any of them back.
(I would like to mention that we do not live in the US so this is not a Culture War-related thing. It's just that, I live in a third world country where "honor thy father and mother" is the national motto.)
So, cool. My brother is the kind of person who has never taken any responsibility whatsoever for the consequences of his actions. He has weaseled his way out of child support and has somehow lived on allowances from his neverending stream of girlfriends since 2012. I get it. Maybe it's a coping thing, 'cause we both have ADHD but I'm the only one who bothered to get himself diagnosed.
My mum and her boyfriend support us on a household income of $8200 a year. But y'know, economics is magic and somehow we have a roof over our heads with running water six days a week.
I know why she's going with everything my brother is doing. Because...she's given up. In my country, when you fire someone you are bound by law to compensate them an amount that scales linearly with the amount of time they've been with the company. Unless the employee willingly resigns that is, so what a lot of employers do is to target employees who they want to quit until they give up. My mum, being almost of retirement age (which would entitle her to yet another round of compensation which her employer understandably doesn't want to pay) is currently undergoing this treatment, and has had five or six breakdowns in the last two weeks alone.
So yeah, she doesn't have enough emotional bandwidth to deal with all this. And well, her boyfriend is dutifully keeping out of our squabbles because, hell, why the fuck do you need to discipline a 29 year old?
Now, I didn't use to live with my family. Back in March, I had a place to myself, but the pandemic encroached too quickly and I had to flee. Was that irresponsible? Maybe. When I was five, my kidneys failed and my entire body swelled up like a balloon. Since then I've been in and out of clinics until I decided to take up swimming in college. That, plus my asthma has made me a care a little bit about my own prospects when push comes to shove.
I have moved at least three more times since then, often within two hours of hearing about a gross violation of quarantine or a new case nearby. I have grown tired, and my savings are dwindling. But y'know, you gotta continue living so here we are.
Now you might think, "OP, you're doing all right. You're a STEM major who knows how to code. Why don't you apply to remote jobs so you can keep yourself afloat?"
The trouble is, I...never actually finished my degree. Instead, in my junior year I founded a startup.
"Cool, so you're rich?"
"Nope, but I did get a PC out of it."
I'm sorry, folks. I didn't say I was good at money. Y'know, I even had the chance to invest 2000 USD on Bitcoin a couple of months before it went kaput but like most of you here, I failed.
Let's think about my options here. On one hand, medicine marches constantly and there's going to be a huge financial incentive to figure out how to treat CFS after all this. Furthermore, there is a tiny but still nontrivial chance that we're going to solve longevity within our lifetimes, so what's 25-30 years of suffering for potentially thousands of years, right?
On the other hand, there's eleventy-seven reasons why you can't be part of that Eternal 10000. Stem cell therapy today costs up to $50000/year and it's not like we have powerful financial incentives pointed at living longer.
And the thing is, I'm seeing inpatient COVID-19 costs here hovering around $40 000 per individual. There are three of us in the house who are highly susceptible, and to be honest with meager salaries even ONE case is enough to bankrupt all of us [1].
So anyway, two years ago I left my previous startup to look for greener pastures. I found it in February, when someone believed in me enough to (angel) invest in me! So I founded a new startup because I have to make him whole, right?
Let's face it, I still live in a third-world country. No matter how smart I am or how good I am at programming, the fact that I haven't finished my degree means I'll have a decades-long uphill battle to immigrate to a decent country AND that's if I'm going to be healthy after all this is over. Who's going to hire a doubly disabled person who can't work long hours? [2]
It's feels so...wrong writing out all this. I'm supposed to be stoic, y'know. Founders are supposed to be an unstoppable force, or else we're whiny asses who probably can't do anything right if our life depended on it. In Silicon Valley, there's this weird, unspoken sense that everything you do can be used against you. "The best founders are X, the most successful startups are Y"—implying that if you're neither X nor Y you should probably just go home. There are always these slots you have to fill and character traits you have to have so VCs can trust that you can build a billion-dollar business with their money. I mean, you can't really blame them because they are moving a lot of money. VCs are pattern matchers: no one wants to waste >6 zeros on their term sheet for coke and not much else, and the less risk they need to deal with the better.
So imagine a choice between someone like me and an earnest suburban kid who's lived all his life in California and went to an Ivy League and had access to a proper hospital during the worst pandemic in recent memory. Of course you'll pick that kid. I'd pick him if I were in their shoes.
Paul Graham once distilled the worst founders into one trait: hapless. The inability to control one's environment, the complacency of letting the world have its way with you. And so by implication being the opposite, i.e., being relentlessly resourceful, is the mark of a great founder. But what if your challenge is big enough for the history books? What if it's the mental and physical deterioration of everyone you hold dear? What if shit doesn't just happen, it keeps happening day after day and there's a hungry wolf stalking you and you still have to deal with the faceless bureaucracy of the USCIS and then run a startup on top of all this during a recession?
What if...some people just aren't destined to participate in certain parts of the economy? Wouldn't that make things simpler?
In the spirit of having retaining some semblance of agency, I have outlined the possible paths I can take before I hit rock bottom:
And if none of these work, well, maybe we just can't tsuyoku naritai the shit out of everything.
[1]: Does my mum have health insurance? Yes, from the government. Is the government currently dissolving said health department due to corruption? You bet.
[2]: I'm really sorry if this is incoherent, but to be clear: I'm oscillating between founding a company and getting a proper job. The reason why the latter is such a difficult option to take is because ADHD and entrepreneurship go together like salt and fries, and I'm >85% confident that it's going to be really difficult for me to survive in an office environment based on how I know I work.
submitted by MediumArtCoke to slatestarcodex [link] [comments]

Stakenet (XSN) - A DEX with interchain capabilities (BTC-ETH), Huge Potential [Full Writeup]

Preface
Full disclosure here; I am heavily invested in this. I have picked up some real gems from here and was only in the position to buy so much of this because of you guys so I thought it was time to give back. I only invest in Utility Coins. These are coins that actually DO something, and provide new/build upon the crypto infrastructure to work towards the end goal that Bitcoin itself set out to achieve(financial independence from the fiat banking system). This way, I avoid 99% of the scams in crypto that are functionless vapourware, and if you only invest in things that have strong fundamentals in the long term you are much more likely to make money.
Introduction
Stakenet is a Lightning Network-ready open-source platform for decentralized applications with its native cryptocurrency – XSN. It is powered by a Proof of Stake blockchain with trustless cold staking and Masternodes. Its use case is to provide a highly secure cross-chain infrastructure for these decentralized applications, where individuals can easily operate with any blockchain simply by using Stakenet and its native currency XSN.
Ok... but what does it actually do and solve?
The moonshot here is the DEX (Decentralised Exchange) that they are building. This is a lightning-network DEX with interchain capabilities. That means you could trade BTC directly for ETH; securely, instantly, cheaply and privately.
Right now, most crypto is traded to and from Centralised Exchanges like Binance. To buy and sell on these exchanges, you have to send your crypto wallets on that exchange. That means the exchanges have your private keys, and they have control over your funds. When you use a centralised exchange, you are no longer in control of your assets, and depend on the trustworthiness of middlemen. We have in the past of course seen infamous exit scams by centralised exchanges like Mt. Gox.
The alternative? Decentralised Exchanges. DEX's have no central authority and most importantly, your private keys(your crypto) never leavesYOUR possession and are never in anyone else's possession. So you can trade peer-to-peer without any of the drawbacks of Centralised Exchanges.
The problem is that this technology has not been perfected yet, and the DEX's that we have available to us now are not providing cheap, private, quick trading on a decentralised medium because of their technological inadequacies. Take Uniswap for example. This DEX accounts for over 60% of all DEX volume and facilitates trading of ERC-20 tokens, over the Ethereum blockchain. The problem? Because of the huge amount of transaction that are occurring over the Ethereum network, this has lead to congestion(too many transaction for the network to handle at one time) so the fees have increased dramatically. Another big problem? It's only for Ethereum. You cant for example, Buy LINK with BTC. You must use ETH.
The solution? Layer 2 protocols. These are layers built ON TOP of existing blockchains, that are designed to solve the transaction and scaling difficulties that crypto as a whole is facing today(and ultimately stopping mass adoption) The developers at Stakenet have seen the big picture, and have decided to implement the lightning network(a layer 2 protocol) into its DEX from the ground up. This will facilitate the functionalities of a DEX without any of the drawbacks of the CEX's and the DEX's we have today.
Heres someone much more qualified than me, Andreas Antonopoulos, to explain this
https://streamable.com/kzpimj
'Once we have efficient, well designed DEX's on layer 2, there wont even be any DEX's on layer 1'
Progress
The Stakenet team were the first to envision this grand solution and have been working on it since its conception in June 2019. They have been making steady progress ever since and right now, the DEX is in an open beta stage where rigorous testing is constant by themselves and the public. For a project of this scale, stress testing is paramount. If the product were to launch with any bugs/errors that would result in the loss of a users funds, this would obviously be very damaging to Stakenet's reputation. So I believe that the developers conservative approach is wise.
As of now the only pairs tradeable on the DEX are XSN/BTC and LTC/BTC. The DEX has only just launched as a public beta and is not in its full public release stage yet. As development moves forward more lightning network and atomic swap compatible coins will be added to the DEX, and of course, the team are hard at work on Raiden Integration - this will allow ETH and tokens on the Ethereum blockchain to be traded on the DEX between separate blockchains(instantly, cheaply, privately) This is where Stakenet enters top 50 territory on CMC if successful and is the true value here. Raiden Integration is well underway is being tested in a closed public group on Linux.
The full public DEX with Raiden Integration is expected to release by the end of the year. Given the state of development so far and the rate of progress, this seems realistic.
Tokenomics
2.6 Metrics overview (from whitepaper)
XSN is slightly inflationary, much like ETH as this is necessary for the economy to be adopted and work in the long term. There is however a deflationary mechanism in place - all trading fees on the DEX get converted to XSN and 10% of these fees are burned. This puts constant buying pressure on XSN and acts as a deflationary mechanism. XSN has inherent value because it makes up the infrastructure that the DEX will run off and as such Masternode operators and Stakers will see the fee's from the DEX.
Conclusion
We can clearly see that a layer 2 DEX is the future of crypto currency trading. It will facilitate secure, cheap, instant and private trading across all coins with lightning capabilities, thus solving the scaling and transaction issues that are holding back crypto today. I dont need to tell you the implications of this, and what it means for crypto as a whole. If Stakenet can launch a layer 2 DEX with Raiden Integration, It will become the primary DEX in terms of volume.
Stakenet DEX will most likely be the first layer 2 DEX(first mover advantage) and its blockchain is the infrastructure that will host this DEX and subsequently receive it's trading fee's. It is not difficult to envision a time in the next year when Stakenet DEX is functional and hosting hundreds of millions of dollars worth of trading every single day.
At $30 million market cap, I cant see any other potential investment right now with this much potential upside.
This post has merely served as in introduction and a heads up for this project, there is MUCH more to cover like vortex liquidity, masternodes, TOR integration... for now, here is some additional reading. Resources
TLDR; No. Do you want to make money? I'd start with learning how to read.
submitted by hotprocession to CryptoMoonShots [link] [comments]

Year 2050 and beyond; the world

Under conditions like this, this will be YOUR fate in 2050 and beyond.
And warning: This will piss people off, and it will not be Shangri-La.
End of the Liberal Democratic System
You still have the democratic system we call "Liberal Democracy" these days. AKA the delusion of being able to choose better candidates for your ruler.
Unfortunately this is not the case any longer past 2050.
Leaders are EXPLICITLY stated to be lifetime rule in all nations, and are literal emperors that will rule until they die. If they take off for whatever reason, they will inherit that seat with a trusted confidant aka their closest associate.
Another trait of a liberal democracy is free speech, or your ability to question the government or the truth.
This will again no longer exist.
If you ever so deny the "[Democratic American Republic of Bananas] Holocaust of Chinese expats", "Trump is a tyrant who destroyed the United States" or "Covid is a deadly illness" fake facts, They will put you to a mental health check. If they screened you and/or it turns out that you are a "God Worshiper", "Conspiracy Theorist" or anyone who doesn't agree with Marxist Humanist ideology, you will be sent to a camp to be gassed and never come out again.
Covid Measures
You really don't think the Covid measures end after a year don't you?
It's a non-existent and neverending crisis.
Yes, Covid Policies will persist as soon as earth exists.
And these policies are bound to DRIVE PEOPLE INSANE.
Forced Masks, Social Distancing, Forced quarantines.......you named it. It's there.
Bars, pubs, theme parks, public schools, small businesses etc will go to the way of the dodo.
Save for big companies with extraorbitant prices selling foods, electronics or other necessities, nothing will exist around the streets.
If you walk out of the streets without a mask, an enforcer will ambush and kill you.
You can't even dine outside, you have to dine at home.
Curfews are forced unless under certain conditions, save for right before announcing Covid pandemics or any other emergencies, such as terror attacks, UFO fear mongering, anarchists...
Failure to comply will result in government hired fixers catching you to the camp and slitting your head with a mechanical blade.
Oh and the only business bar big companies that are still around are...
Which brings to the next point:
Legalized Killing
Gone were the days where killing is illegal.
If they can make LGBT and Pedophilia legal and a lifestyle, why not make killing one as well?
The new society is going to stress LOTS of people out, to the point that they will kill at the slightest of a whim.
If bars, pubs, theme parks, small businesses etc got driven to extinction, what do you think their employees will do?
They go out and KILL!
Piss people off by the slightest bit such as telling to them "Covid is fake," then at the next day, civilian conduct patrols will come in and kill you.
Killing, Harvesting organs, cannibalism etc...will become the DE FACTO lifestyle. And because of Covid policies, most businesses will not be able to survive the cataclysm.
And those who cannot find a job or get their job destroyed cannot conduct an uprising against big elite. If you want to conduct a popular uprising, you NEED other elites to back you.
So what do they do? They kill.
You will see more killers, bodyguards, and cannibals than there are store clerks because it's the only thing that can make you money in the true new normal.
Even civilians want nothing to do with it will go out and feast on the flesh of their close ones, not out of betrayal, but to survive.
And you better off not go out during certain times of the day because there will be so many cannibals or mafia gangs patrolling the streets waiting to catch any unsuspecting bystander.
Save for feral cannibals or angry civilians, there's also the risk of mafia and other conducted kill squads, such as the aforementioned civilian patrols, hired mercenary and hitman groups, as well as chefs (with many of them being former angry civilians).
These things had long lost their humanity, and if you get reported to them, be it tax evasion, NEET, homeless, or even muttering "Hail Trump" or the Bible and got heard, you will be caught by these paid killers and die. The chefs are the worst because they are cannibals who will basically catch anyone and everyone to get them killed, for no reason.
In certain places, infant mortality rate is expected to be 99% and the number of people who can grow to adulthood is an estimated 0.5% of the population (around the population of NYC, for example)
End of free media
Save for the aforementioned no tolerance anti thought crime laws, expect the same to happen on the internet and the TV.
Everyday, after you come back home after a hard day killing the undesireables, you turn on the TV and watch the same 3 programs on an infinity loop.
If you wanna use the computer, remember that all websites had been put under Google, Amazon or Facebook rule (assuming if these companies ever existed or similar ones replaced them), and around only 20 sites exist and all of them are big on pro-state propaganda as North Korea. Modern CCP doesn't even describe it. It will resemble North Korean internet, where not a single trace of anti-truth can exist, in general.
Video Games will all be first person shooters or political propaganda, such as WWIII or the BLM Revolution.
(Anime or Weeb culture will also cease to exist because it will be considered derogatory pedophilia or disgraces against women. Yet pedophillia is actually getting legitimized in the new world, and children can be killed as easily as adults.)
Healthcare of Death
You have to go screen yourself for health issues daily to monthly depending on the type.
Covid Screenings are daily, Mental Health Screenings are monthly, Cancer, Diabetes, cholestrol yearly scans...
Failure to pass the Covid and Mental health screenings will put you to a quarantine cell to be gassed, no exceptions.
Failure to pass the yearly ones will result in medication until death.
These scannings are all robotic and turn out false positives in a 20-30% rate.
Also, you have to be vaccinated every 6 months, these are poisonous chemicals but it doesn't matter. Also there's no such thing as a Covid vaccine because Covid doesn't exist.
Who cares if you die anyway in a society like this?
Surveillance State
Expect LOTS and LOTS of Cameras.
You might not need to know where these cameras lead to, but expect installment of surveillance cameras as a part of the law.
They will be all over the streets, your television, the ceiling of your house, the fridge, your business, whatever.
In truth, the images transmit into neighbor committees, mafia offices, hired enforcer offices, other assorted kill squads...just to facilitate these groups to arrest and kill you inside your house.
The reasons can be you homeschooling children, you lacking a job, you lacking education, you being depressed, you worshiping god, you muttering anti-truth, you not wearing masks when you go out, you gather with with more than 4 people...
But if you know less, the better.
Paying the price
Everything is taxed or expensive as hell in the new world.
The currency used is Bitcoin, and a normal killing job will only give you 6 bitcoins per month. (There are better jobs out there giving around hundreds, but it will not be for you at least)
Most necessities cost more than 18 bitcoins and food or water will cost around 0.40 bitcoins.
They will tax you 1 Bitcoin a month, possibly more.
Failure to comply to the tax will result in 2 warnings. Each warning, 2 days. At the end of 2 days, government enforcers will arrive to the spot and catch you to be gassed.
Cashless Society
Related to the point above, you no longer need cash.
Cash is obsolete, and bitcoin will take its place.
1 Bitcoin is over 10000 USD.
Also it will be done by Microchip.
But do not expect you YOURSELF to be microchipped.
You might be required to have an extra gadget in your phone or a special wristband.
Anyone without the wristband or the gadget, even at home, will be murdered fast.
The wristband or phone gadget is another one of those ways they watch over you; but they will be your only way of pay.
You will not be able to pay or get money without this phone gadget or wristband, and again enforcers will give you 1 hour of time to get 1 before you get gassed.
One of these gadgets or wristbands will cost 4 bitcoins, and phones might as well as cost 18 bitcoins for an average quality smartphone, and a high quality smartphone 30.
Report Happy Neighbours
Neighbors, associates or even your children and educated and programmed to report you for the slightest of issues.
Failure to fulfill a certain dress code of your organization.
Muttering God, Freedom, Anti-Marxism, Conspiracies, Anti Truth, or speaking it on social media or Discord.
Being an emotionally unstable mess.
No school or work. (School is always internet school while work is always necessary services, killings/bodyguards/snitchers or any combination of these.)
Not wearing a mask when you go outside.
All but one of the many reasons why you can be reported by neighbors and even your children.
If they decided to report and remove you for the following reasons, some type of authority will go in and murder you in a few hours.
Political Correctness
Like I ALWAYS said before, in the new world, beware of what you say in the public.
This includes in places like Discord or Twitter.
If you ever slip out any semblances of anti truth, holocaust denial, covid denial, religious babble etc...
Yeah, authorities knock your door and send you to be gassed, no exceptions.
Thoughtcrime doesn't result in just a chatroom ban, authorities knock on your door and send you to be gassed.
Forced Education
If you think that Covid equals no education, you are wrong.
Public schools do not exist as face to face tutoring and resemble database facilities.
However, your children have to be homeschooled by authorities every time of the day.
The subjects will be very dull, incoherent, boring and sometimes radical like some sort of anarchist or military training.
However, your child is explicitly stated not to be able of leaving their PC desk during classes, for more than 20 minutes.
Because the computers are cameras themselves, the images of your students will be transmitted to the teacher inside the "school."
Failure to comply and the authorities will take your children and you.
Same occurs if your children is homeschooled or is off from school for no reason within 6 days. This includes not having a PC to begin with; a PC costs 30 Bitcoins.
Forced Labor
You HAVE to go to work, no matter what.
Work is a part of life, and as soon as you are in the age of 15, you must find a work. Most people will have to find one and plan one from the age of 10.
This can arrange from killings, mafia, organ harvesting, bodyguards, take-out restaurants, store clerks...
You HAVE to find one.
Usually, if you are not one of the more privileged class, you have to go out and kill.
Mercy isn't an option in these cases.
No matter what the excuse is, saint or devil, you gotta kill them.
The higher the body count, the greater the talent, the higher the ranks you are.
This also means that you must stay fit at all costs. People who are not physically fit will not qualify, so are merciful people.
The more angry, brave, obedient, and warfare-efficient you are the better.
Your life is at risk, every day, but nobody cares.
Some of the people will be able to not spill blood with their own hands and find a slightly better job such as being a doctor, government official, concentration camp warden or even a teacher. But don't expect this to be you.
Altered lifespans
Because of all the GMOs, air pollution, fixer killings, mentally ill bozos, cannibals, mafia gangs....the lifespans of people will be drastically altered.
Most people will be chronically ill at the age of 50, and past the age of 45 you cannot be allotted any jobs.
The fixer and killer groups will only hire people starting from as young as 10 and as old as 30.
Infant mortality rate can arrange from 50% on lowest and 99% on highest, and chances to survive till adulthood is approximately 40% on average. In some places, this is below 0.5%.
If you happen to survive past the age of 60, you will be exterminated instantly. This is a benefit for the government because 1. You can't find anymore jobs or unable of production 2. to reduce spreading of Covid, a non-existent illness.
War on Terror
No matter what, the world 2050 and beyond will not be peaceful.
"Wars on Terror" will still occur.
Anarchist false flags groups (similar to Black Block and ISIS) built by the government, Covid pandemic waves, reptilian UFO false flags/fear mongering, Religious terrorists...ALL of these will continue to occur and in overly insane degrees to keep you scared.
Most notably, expect the Covid pandemic EVERY 4 months where the whole country will fall on lockdown for a month.
All of these aren't going anywhere but to keep you terrified and depressed.
Paid Fixers/Killers will be prohibited to deal with any of these terror groups for unknown reasons just because the Government has to solve them.
The government catches these terrorists and releases them, if there are any terrorists.
White and Black Ethnics
The world will be split into two parts. A part with polyglot populations who has every possible mixed race, and others who can maintain racial purity and are more than willing to commit genocide against anyone opposed to their race.
Most notably, Europe and the US will resemble Babylon. There will be countless ghettos, filled with all sorts of ethnicities crammed in pint size ghettos, with fights all over the place. As they call it "legs made of steel and clay." The fun thing is, Kill Groups or gangs will only hire the same race, and it makes you harder to find a job.
The other side will be consisted of fully racially brainwashed idiots who were taught pure eugenics and inferiorities. They will be indoctrinated in a way like the Nazis, Russians, Japanese and CCP educates their offspring. It usually happens in Asian or non pro-western states such as: Japan, Both Koreas, China, Russia, Malaysia... Expect these people to be ethno-supremacist and willing to kill anyone of the opposing race. (Such as Taiwanese and Japanese will happily kill Chinese, Chinese will happily kill Indians or Japanese, Russians might want to kill Americans...the inverse is true of all things.)
You can't form to rebel against the NWO or anything with these Babylonian or white law neighbors or countries.
So beware.
You HAVE to wake up right now.
This will be a rude awakening, and if this ever happens, your life will not even matter 5 cents.
The brick wall behind the curtain doesn't only have cuffs, it has spikes as well.
This is your fate in society, 2050 and beyond.
All these confrontations, cancelling, and isolation will be worth it if this is YOUR fate and you realize it.
submitted by Mrexreturns to conspiracy [link] [comments]

This could save Planet Earth!

My grandpa once told me: "Listen dipsh*t, if you rely on someone else for your food... then they own you AND your lovely wife."
Well... my crazy grandpa wasn't totally wrong. There is simply too many people on this planet and not enough resources to go around. All the family's generational wealth has been either divided into dust or soaked up by the rich 1%. The division of wealth and power in this world is so unbalanced, it's sick and saddening. Because of this, there are many people struggling who are so tormented and defeated... homeless, unemployed, or working as wage slaves (because overpopulation makes for cheap labor); that they feel like there is no place for them in the future and that suicide is the only option. In our current world, the right to eat, shelter, and drink fresh water are not guaranteed rights to ALL individuals! That fact is absolutely just mind blowing. Who's to blame? Humanity's greed, overpopulation, and poor distribution of efforts and resources, perhaps. (Rant over)
THE ETHICAL SOLUTION of a RADICAL NEW WORLD: In my opinion, The Great Pyramids of Egypt are a simple reminder of Maslow's 6-tier hierarchy of needs. When you take Maslow's pyramid and combined it with a hybrid of Homesteading and Universal Basic Income, something heavenly is born! Regardless of birth race, place, or poverty...I believe all people of earth and all governances should adjoin to fulfill the common goal that each living person has the right to have their Physiological needs met. We NEED to get people gardening and reconnected with their roots! (If we don't, people's nutritionless crappy diets will continue resulting in cancer and disease.) In my opinion, it's what we ALL NEED. I call it Maslow's Ark.
Maslow's Ark - Life on Earth should be modeled after Heaven; with a place and purpose prepared for you when you're born. When born to the Earth, you deserve the right to your basic physiological needs such as food, water, and shelter. (Not to struggle because your dirt poor parents selfishly birthed you to 'duck-tape' their failed marriage together... or because they get a child tax credit! \sarcasm**) We, The United People of Earth in order to transcend Maslow's Physiological needs as a birthright. Achieved by way of hybrid mix of self-sufficient homesteading and Universal Basic Income (UBI) payments. To transform and upgrade shitty land and broken homes into self-sufficient sustainable functional quality 2 or 4 Acre personalized ('green new deal'/ permaculture) homesteads and housing, thereby creating an economy of guaranteed paid jobs with the support of resources from local and world governances centrally focused on preparing places (aka Heavens on earth) for others and future generations. When working for Maslow's Ark, you are essentially doing the work of an Angel. (Biblically speaking, Naoh's Ark was a literal ship, but what is Planet Earth, but one giant Space Ship?) This way of life is my little brain-child and I would like to name it "Maslow's Ark."
We all have Physiological needs to live a fulfilled life. Nobody wants war. Nobody wants death or famine. I want to focus specifically on the 'end-cap' Tiers 1 & 6 of Maslow's pyramid as how they would look if applied to our current world. I think that all countries and individuals with a net wealth over $10m must contribute generously of resources by a majority vote (perhaps) via coordination of the United Nations leverage to kick-start this.
A quick refresher of Maslow's 6-tier pyramid:
Tier 1. Physiological needs - these are biological requirements for human survival, e.g. air, food, water, shelter, clothing, warmth, sex, sleep.
Tier 2. Safety needs - Once an individual’s physiological needs are satisfied, the needs for security and safety become salient. Protection from greed and corruption.
Tier 3. Love and belongingness needs - after physiological and safety needs have been fulfilled, the third level of human needs is social and involves feelings of belongingness. The need for interpersonal relationships motivates behavior
Tier 4. Esteem needs are the fourth level in Maslow’s hierarchy - which Maslow classified into two categories: (i) esteem for oneself (dignity, achievement, mastery, independence) and (ii) the desire for reputation or respect from others (e.g., status, prestige).
Tier 5. Self-actualization needs are the highest level in Maslow's hierarchy, and refer to the realization of a person's potential, self-fulfillment, seeking personal growth and peak experiences. Maslow (1943) describes this level as the desire to accomplish everything that one can, to become the most that one can be.
Tier 6. Transcendence - the very highest and most inclusive or holistic levels of human consciousness, behaving and relating, as ends rather than means, to oneself, to significant others, to human beings in general, to other species, to nature, and to the cosmos. AKA - To Help other's Self-Actualize, beginning with Physiological Needs.
**How it works, in a nut shell:**If you don't have kids, you're a hero and don't need to work much. If you have 1 child, you must work Part-Time for Maslow's Ark. If you have 2 children, you must work Full-Time for Maslow's Ark.
How it will work in detail (Beta v1.3):
No Children Pledge:
  1. At the age of 15, you graduate from a life skills school and may inherit the choice of either: Option A - Inherit a paid-for 2 acre prepared homestead and receive 70% ($840usd per month) UBI Payments. Option B - Assigned a non-arable rent-free apartment with 80% UBI payments ($960us per month). Option C - You live life freestyle, like in an RV, conversion van, or you're homeless, or a homestead/apartment isn't available or prepared for you yet; you shall receive 100% ($1200) UBI payments. *For either option A,B, or C; the child-free individual must perform volunteer work for Maslow's Ark 1 day per week (4 flexible days per month) for 20 years. *Your choice depends on if you preference for living in-town or out-of-town. (The individual may have the opportunity to switch between these, once every 4 years.) *In addition, those who pledge not to have children are awarded a 1oz 24k Gold world medal of honor for serving the duty of your planet for their selfless child-free commitment. AKA If you don't have kids, you don't need to work much. (Through population de-escalation, these people are the real heroes and saviors of planet Earth.) *A married child-free couple may choose to consolidate in one of three ways: A. Consolidate to upgrade into a single 4-acre prepared homestead and each receive 65% ($780usd) UBI payments. C. Consolidate to a single 2-acre prepared homestead and each receive 80% UBI payments ($960us per month). B. Consolidate to upgrade into a non-arable single family home and each receive 85% ($1020usd) UBI payments. D. Consolidate to a single apartment, but each receive 90% ($1,080us) UBI Payments. (It's these individuals that will have the most financial momentum to start a business, be teachers, or become BacheloMaster Degree Students if they choose to pursue higher education with their free time, or for those that love to travel and see the world, and generally be the local economy stimulators.)
  2. For married parents caring for 1 child, When that child turns 2 years of age: Option A - If the parents have consolidated to a single 4-acre prepared homestead, they will each receive a 40% UBI ($480). Option B - If the parents have consolidated to a single 2-acre prepared homestead, they will each receive a 50% UBI ($600). Option C - If the parents have consolidated to a non-arable single-family home they will each receive a 55% UBI ($660). Option D - If the parents have consolidated to a single apartment they will each receive 60% UBI ($720). \In either option A,B,C, or D; the married couple must also commit to paid work for Maslow's Ark a minimum net of 5 days per week for 20 years. The parents may divide the work days between each other as a 0/5 or 2/3 split for example.* **If the couple's net 20 years of work service concludes prior to retirement, then their UBI payment will be 65% each until retirement.
  3. For married parents caring for 2 children, When that child turns 2 years of age: Option A - If the parents have consolidated to a single 4-acre prepared homestead, they will each receive 25% UBI ($300). Option B - If the parents have consolidated to a single 2-acre prepared homestead, they will each receive 30% UBI ($360). Option C - If the parents have consolidated to a non-arable single-family home they will each receive 40% UBI ($480). Option D - If the parents have consolidated to a single apartment they will each receive 45% UBI ($540). \In either option A,B,C, or D; the married couple must also commit to paid work for Maslow's Ark a minimum net of 7 days per week for 20 years. The parents may divide the work days between each other as a 0/7, 2/5, or 3/4 split for example. (The 3/4 split allows someone to always be home for the kids, animals, and vegetable gardens.)* **If the couple's net 20 years of work service concludes prior to retirement, then their UBI payment will be 55% each until retirement.
  4. Adoption: If a married couple with no children elect to adopt an orphan child they are awarded a 1oz 24k Gold world medal of honor for serving the duty of their planet. In addition to each keeping their 100% UBI payments, they also qualify for an additional 30% UBI payment until that child turns 16 (when they will have Maslow's Physiological needs fulfilled as a birthright).
Experimental Extra Options:
  1. An optional 6 acre prepared homestead capped at 20% UBI Payments.
  2. An optional 10 acre prepared homestead capped at 10% UBI Payments.
Universal conditions: -Individuals cannot sell or sub-lease their single family homes, homesteads, or apartments for profit, since they were prepared by The People of Earth, they inherently belong to The People of Earth. -World adoption of a 2-child limit. -Universal Healthcare -Free Education for All -Retirement age is 65, when you receive 90% UBI (instead of Social Security).
How Maslow's Ark Schooling Would Work: Schools would serve the communities multi-functionally; as food banks, seed banks, internship & job connection centers, and teaching children basic life skills. At the heart of every town city and community, there must be an large agricultural center (not just a vampire w-mart), with all the tools and resources needed to grow fruits, vegetables, care for farm animals, and other things like making compost. I propose combining the agricultural center and school as one system. If hungry people in the community desperately need food or seeds, (since the kids are growing food) they can return to their school for food and cheap supplies, functioning as the backbone and heart of every town. All current schools will be converted into large-scale self sufficient homesteads. The governances of the world will fund the solar and wind-powered system upgrades (making them off-grid which give the students a means to learn these systems). Ages 4-10 would be your standard basic Math, Language, Health, Cooking, and History. In addition, 50% of each school day would be learning how to grow food, raise chickens, milk cows, and maintain all aspects of a homestead. (Children will actually care for 2 reasons: A. Everyone loves baby chickens and B. The kids are promised a homestead at 15, and that's SO MUCH BRIGHT & POSITIVE ENERGY! (Unless they choose the apartment...)) (Every human should know how to be self-sufficient!) It's much better for children to during fresh organic milk and vitamin-rich tomatoes anyways, in those early development years. Ages 11-13 would be training in a more specific life-skill trade. Ages 14-15 would be internships where students go to job-sites to learn and assist the parents in Maslow's Ark homestead preparation. Additionally, the schools may also function as a free wholesome dating and room-mate pairing service as well as free marriages. World Governances would fund schools to build homes, (rather than the traditional mortgage) further making schools central work hubs for internships and parents.
Maslow's jobs may include (and be educationally centered around): -Housing & Apartment Rehabilitation (Carpentry, Electrical, Plumbing, HVAC) -Boosting soil Fertility & Compost Creation -Regional Food Gardening, Nurseries, & Research -Planting Permaculture Trees, Arborist, Lumber Mills -Building Greenhouses & Barns -Wood & Gas eventually replaced by fusion energy electricity plants -Solar, Wind, and Battery Technology/Service -Helping care for thy Elderly & Disabled neighbors -Farm Animal Care & breeding -Property, Homes, and Jobs bank coordinator -Small scale Electric Farm Equipment & Electric vehicle production & service. -Clean Water Production such as wells, ponds, rainwater and desalination. -100% Trash Reuse, Repurpose, & Recycling -Teaching all the aforementioned.
The Economy: Self sufficiency means less tax revenue for the government, but at the same time, (the US government is doing a terrible job at creating jobs and unemployment rates are skyrocketing. Capitalist governments don't care if businesses like w-mart or h-depot bleed towns dry of money and killed all the mom n' pop shops, or let robots take over factories. Between the green new deal, and working for Maslow's Ark homesteads, there would be millions of jobs created for regular every-day people. Every house with a big lawn could be retrofit as a homestead. Parents of kids must work, therefore they get charged taxes on their paychecks. Parents without children have a greater allowance to spend money on taxable goods and services. With The People of Earth circumventing the need to spend the bulk of their lives paying for a mortgage and having money tied into their mortgages, you will see a huge shift in people investing in other assets such as stocks, silver, gold, and bitcoin as a means of generational wealth, as it should be. (Disclaimer* I'm not an economist.) I would love to hear feedback if you agree or disagree that this would work and suggest improvements to make it work better.
In conclusion, my number and % ratios may need some fine tuning, but I believe this is the only functioning groundwork for the way that a simple and fulfilled life should be. I would love to hear feedback and I hope this concept of hybrid homesteading & % Ratio UBI becomes widely known and built upon.
submitted by MindfulMowgli to antinatalism [link] [comments]

I'm making a video targeting right-wingers - Please critique and give feedback ASAP before I commit to recording? "Axiomatic Warfare and the Fatal Flaws of Modern Fascism"

[Video Essay Script] - Links will be used in video as images and segments. https://docs.google.com/document/d/12OX9TTfLhgNEfdDaMWfsHYyAMzTx9G7bSwu_0Ke1Ksc/edit?usp=sharing

Introduction to Modern Fascism

“Repeat a lie often enough and it becomes the truth”- Nazi Propagandists, Joseph Goebbels.

Axioms are our base assumptions about the world. They act as filters for new information coming into our consciousness.
In classic philosophy, an axiom is a statement that is so evident or well-established, that it is accepted without controversy or question. As used in modern logic, an axiom is a premise or starting point for reasoning.
We use these axiomatic assumptions to build our internal models of the world around us. They allow us to compare new information we receive from the outside with our internal narratives, which helps us to decide whether to reject or accept that new information. They are, for want of a better world, your "common sense" beliefs.
So how do you go about changing a relatively normal person's core beliefs and base assumptions to the point of rejecting their fellow citizens as traitors, committing acts of murderous terrorist or vigilante violence like Fascist white supremacists running down protesters in acts of terror, ISIS beheadings or mass genocide?

Shock Treatment and Slow Repetition

When I was a child I was subjected to regular mental and physical abuse from my dad. I would also see my mother repeatedly beaten up and then flee to a women's refuge where I would stay with her.
Each time my mom left, whenever I visited my dad at weekends, he would constantly try to pressure and manipulate me into convincing my mom to get back together with him.
This never worked of course. But what it did do, is make me highly sensitive to manipulation techniques.
I was fascinated by people like the magician Derren Brown and the economist Naomi Klein - who both reveal the tricks of the trade used in the advertising and marketing industries to convince people.
One way of changing people into killing machines or obedient sheep is through a big shock to the system, like how electroshock therapy allows for a clean slate to rebuild peoples intern mental models.
Psychedelics are another way, having a similar effect in the brain. Encouraged by the alt right and alt-light influencers like Jordan Peterson and Rebel Wisdom as they try to “Red Pill” people (an expression taken from the film The Matrix as a metaphor for revealing revealing the truth about the world).
They use this shock and disorientation as a way to prepare a “blank-slate” in order to rebuild peoples internal axiomatic models with different core beliefs.
Remaking people by shocking them into obedience and gas-lighting them about their existing internal models, making them seem irrational, silly or outdated. Reducing them to a mental state of a child and then rebuilding them with a new ideology and worldview, known as “shock therapy”.
As Naomi Klein explains in The Shock Doctrine: The Rise of Disaster Capitalism, these techniques work on larger scales with use of trauma and shock to influence political outcomes has been used since at least Milton Friedman coined the term “Economic Shock Treatment”. He advised that politicians push through painful and unpopular policies all at once during a time of crisis, before people could regain their footing.
The technique is used in economic markets on the large scale, and also against individuals on a small scale with individuals too. Economics and politics is just human interaction on a larger scale, after all.
Regular repetition and gentle suggestions of ideas can also instil new axiomatic models and core beliefs into people's minds. As Derren Brown demonstrates how powerful subtly suggestions can be alone, without the need for hypnosis, shocks or drugs.
But used in combination, shock and repetition can shift people until they have moved their positions, perceptions and beliefs about the world, to a place they could never have imagined.
But luckily once you deconstruct the deception and understand how the trick works, the illusion falls apart.

Defining and Deconstructing Modern Fascism

Firstly, we must define Modern Fascism. Modern Fascism ticks every box of the traditional definitions in Umberto Eco’s essay Ur-Fascism, and not only does it fulfil every criteria, it reveals other motivational forces and has evolved to include new aspects, and has changed into something worse, while it’s main weakness remain the same - the fact that it is primarily motivated by weakness.
As General Franco said in a 1938 interview with Henri Massis: "Fascism presents, wherever it manifests itself, characteristics which are varied to the extent that countries and national temperaments vary. It is essentially a defensive reaction of the organism, a manifestation of the desire to live, of the desire not to die, which at certain times seizes a whole people. So each people reacts in its own way, according to its conception of life… What can it have in common with Hitlerism, which was, above all, a reaction against the state of things created by the defeat, and by the abdication and the despair that followed it?"
This quote perfectly illustrates the transient nature of the ideology, but also the core motivations of Fascism. It is an ideology based on the assumption of weakness which yearns for restoration of a past greatness or to get revenge and recognition. But the way that it manifests itself is different in each place it takes hold.
Therefore the aim of this isn’t to make the case that any particular party or country has embraced out-right fascism (plenty of other people have made that case already), the aim is to reveal the underlying motivations, highlight threats and weaknesses and analyse the less obvious negative effects of Modern Fascism.

History Doesn’t Repeat, But It Rhymes

A false equivalence that is often used is that Liberal Imperialism is just the same as Fascism. And while it is true that imperialists use fascist dictators to extract cheap labour and resources and also dominate smaller counties in a similar way to how fascist empires aspire to rule, the key difference is that the populations of those countries are not gripped by the same fear based delusions.
And therefore more Liberal democracies are better equipped to hold their imperial position of power long term because they are better able to assess risks and react accordingly, rather than over-react based on paranoia and competing egos under excessive pressure.
This false equivalence was also used in 1930’s Germany, because far-left Communists had been co opted and infiltrated by Fascists. They would repeat the mantra that “the Social Democrats were the real racists”.
Contrary to the assumptions of most people, Fascism, as an ideology and political system of government is very distinct to white supremacy. It does of course include white supremecists, but In fact includes many other groups who have been co-opted by Fascist propaganda, or who implicitly support and enable their agenda.
Examples of modern opposition which has been repeatedly infiltrated or just simply made up by Fascists include innumerable conspiracy theories, police groups like Blue Lives Matter, militant Black nationalists, the Boogaloo movement who call for a race war, the “Proud Boys” and even sometimes supposed Anarchists, far-left Communists and Left Accelerationists.

Motivations of Fascism

Fascism distilled down to its core reason for existing is the suppression of opposition who represent workers rights and economic justice. So they patently DON’T look after their own people. They con them into submission of the state by generating jingoistic fear of “the other” - whoever is convenient on that day to blame for their problems.
Fascism is is an economic shock doctrine upon the inhabitants of the country. We don't spread fascist propaganda in tip-pot dictators because we care about the indiginous people there. We install Fascist dictators in order to remove workers rights and open up access to their natural resources.
Artificial moral panics can be engineered and real disasters used to allow corrupt oligarchs and financial predators to consolidate power further by buying up small innovative businesses who don’t have the excess capital to survive the turmoil on their own without external support. Or as a way to eradicate public services by sabotaging them and building mistrust.
They are used to erode faith in public services and institutions by rich people who simply want to pay less tax and don’t see why they should subsidise other human beings who haven’t had the same luck as them. So a major motivation of fascism is to suppress the opposition left-wing party who represent workers rights and egalitarian freedoms.
Populists claim to be against free trade and to some extent they are, but whatever they do will fail because they are interfering with the markets, so they will retreat to the power of market domination. They use their threats of trade barriers as more just more shock treatment for markets, rather than protecting actual jobs or industries.
This is a trick that has been played by Neoliberals too. But while Neoliberals use fascism as a tool for opening markets to Imperialism, they differ from Libertarians, not only because they embrace guns and weed, but they are starting from different positions to achieve the same goal;
Neoliberals seek to remove already existing public services and workers rights that lift bargaining power. But Libertarians want to STOP the government from ever providing those services and investments into the poor or enshrining workers rights.

Modern Fascist Ideology has TWO Core Reasons to Exist; Fear and Freed.

I have been researching and analysing how economic systems differ, using a SWOT analysis (Strengths, Weaknesses, Opportunities and Threads). For each economic system I tried to be as neutral, fair and balanced as possible - which included Fascism.
I might seem strange that someone who is anti-Fascist would want to explore the strenghts and opportunities of Fascist ideologies, but in doing so it reveals the real weaknesses and threats which are too important for us to ignore.
So what exactly IS Fascism? Is it just an economic doctrine or a personal philosophy about the world? The answer is both.
The ideology has TWO core reasons to exist, and TWO distinct audiences types - with one based primarily on fear and the other greed, with each having a malignant and symbiotic relationship with each other.
Fear - Authoritarian/Conservative Fascists
Greed - Libertarian Fascists
There are very few people who actually buy into full Fascist ideology, most believe a watered down version of which resembles Conservatism or right-wing populism or accelerationism, and most of them genuinely believe they aren’t fascist, even though they are being constantly fed subtle suggestions fascist ideology or that align with their plans.
But the most ironic thing is that these groups are mostly being used by the second group of rich Libertarians globalist elites pulling a confidence trick on the host nation. Often posing “anti-establishment” conspiracists who actually uphold the establishment through misinformation. See: Russia Today and Youtube Bitcoin and Gold shills who subtly suggest fascist talking points.
With those rich Libertarians at the top more than happy for those below them, who they deem less worthy, living in even more delusional ideologies with fake enemies to fear, often resembling traditional Christian but values wrapped in modern conspiracies with added elements of “satanic panic”.
Modern Fascism has clearly inspired the modern day equivalents of Brownshirts and Blackshirts, self-styled vigilantes like QAnon, The Proud Boys and “The Boogaloo” - white nationalist violent extremists who want to accelerate towards a full-on race war.
It has also infiltrated numerous alternative groups, such as hyper-evangelical “end times” cults, alternative health scenes, internet conspiracy scenes like flat earth and occult magic.

Lockdown Conspiracies

A commonly missing hallmark of fascism that is present in history during the rise of fascism is a controlled opposition and explicit suppression of opposition. This distorts a healthy society and has unforeseen consequences and blowback.
Fantasies and political thought bubbles are self delusional custom realities resembling an episode of Black Mirror. They act as coping and escape mechanisms. Especially during the Covid 19 lock-down, these tendencies have gone into overdrive with massive events entering the real world featuring David Ike leading protesters alongside fascists as people ignore rising Fascism, climate change destruction and Covid deaths tolls.
Using disasters like Covid or irrational scare tactics such as the "Satanic Panic" style Fascist propaganda from QAnon, can shock people using their fear and disgust response, while making them distrust the news - allowing the government to evade valid criticism from experts while suggesting to people that government public services are inherently evil or Communist.
This type of propaganda is a Libertarians wet dream - making a population not only give up on tax funded public services, but actively fear them. An example is Trump trying to discredit and defund the US Postal Service and other public institutions and regulatory bodies.
Anti Semitism has been used throughout history by those in power to provoke an “us vs. them” mentality, leading to today's establishment still sanctioning and allowing Qanon on major media platforms, provoking and agitating terrorist attackers from the far-left and the far-right.
Those in power in fascist regimes allow and encourage mistrust in the mainstream media, while the long-tail niche political and interest groups keep people separated from each other, who each live in their own custom realities while the real elites continue to dominate and increase their power.
With each bubble framing realities based of identity, race, class, nationality, or even subculture special interests like alternative medicine and “gamer bro” culture, so that when they interact in real life or online, they are speaking past each other because they don’t even agree on the basic principles of how they view society.

The Fatal Flaws of Living in a Fantasy

While the main flaws and weaknesses of Fascism remain the same, they are in-fact exacerbated by this new hybrid model. It’s main weakness is the very fact that it is motivated by weaknesses, fear and greed - rather than true strength, self-confidence or heroic benevolent power, as their adherents like to believe.
A misconception of fascists themselves that it is based on strength, when it is actually based on weakness - even when the driving force is greed rather than fear. Libertarian fascists want to extract labour and materials at cheaper prices, while inflating their own asset values.
In other words; international financiers with little allegiance to any country. Ironically the very type of people who Conservative fascists claim to be opposed to.
Fascism claims to make society more successful, but it actually accelerates the destruction of the culture, country or people, rather than preserving and conserving it, because it betrays a fundamental weakness of insecurity. Competitors and rivals can easily see through the charade of and take advantage.
If anything does the exact opposite. Russian and China are clearly goading Western nations into becoming more divided and totalitarian, as they themselves benefit from becoming more Liberal and open and reap the competitive advantages that brings. See Kraut’s excellent video about Trump on China as an example.
Keynesian investment in the country and people, giving workers more rights, opportunities and a more bargaining power is what makes a country successful and innovative, rather than the faux Keynesian policy of giving kickbacks to corrupt officials for government contracts and widening inequality by supporting the already rich, rather than the ordinary people.

Who Benefits in This Memetic War?

Who is going to war with who? Who is winning? A modern adage is that tankies are just fascists because of their support of authoritarian proto-fascist leaders and regimes who often claim to be Communist.
But from my experience talking to actual fascists, they crave a more multi-polar world where other strong leaders rise up as competition and form alliances with dictators.
So to me, it looks like Fascists are the real Tankies; wishing our enemies be stronger and wanting to accelerate towards race war or civil war that weakens the society.
Not only did Donald Trump have knowledge of Russia allowing ISIS bounties on US troops and withhold that from the public while courting Putin, I have personally heard white supremacists backing extremists Islamists in Discord servers.
Trump jumped to the defense of the people who put a 17 year old with a gun against civil rights protesters and assumed the intent before saying that the outcome should be decided by the legal system.
They share common values and beliefs like Anti Semitism, accelerationist end-times fantasies, patriarchal traditional values and a fear of outside progressive cultures. In fact modern extremists white supremecist groups share recruitment and terrorist strategies and tactics with militant islamists.
You could argue that it was inflicted by Russian or Imperialist propagandists onto the German people in order to take control of larger areas of Europe after the destabilisation of war.
Hitler and Stalin came to a non agression truce called The Molotov–Ribbentrop Pact, which as was a secret non-aggression pact between Nazi Germany and the Soviet Union that enabled those two powers to partition Poland between them.
The pact, signed in Moscow on 23 August 1939 by German Foreign Minister Joachim von Ribbentrop and Soviet Foreign Minister Vyacheslav Molotov was officially known as the Treaty of Non-Aggression between Germany and the Union of Soviet Socialist Republics.
They divided Poland under the banner of fighting “Polish Fascism” nearly a century ago with both sides ultimately lying to their own people about spreading freedom while being authoritarian to their core and being able to blame “the other” as being the cause of all their problems.
But these days fascism seems to be a rogue meme that no longer serves any particular group. It is pathologically damaging to any society that it happens to grip.
Even the aforementioned Libertarians and accelerationists who think they are benefiting are only temporarily gaining by market price volatility. They ultimately lose through the blowback effect of the whirlpool they create.

Psychopathy, Alienation Nihilism and Insecurity

It is well established that Fascist dictators are driven by psychopathic characters and tendencies. They either don’t care about the truth, or disregard it if it’s not convenient to their narrative.
In totalitarian despotic societies facts are reversed. As George Orwell proclaimed throughout his writings; “War is peace. Freedom is slavery. Ignorance is strength.”.
Similar to how authoritarian Starlinist Communists harnessed people’s alienation and tricked them into thinking that it’s possible for the state to fully decommodify everything without having markets, money to account for things, domination or hierarchy or try to convince people that a revolution is just around the corner.
But of course, a council representative is still the head of an organisation, for all intents and purposes, because they wield executive power over others, even if the name has changed. Markets are emergent properties when groups of humans want or need a certain commodity when it becomes available.
But while both Communist and Fascist ideologies are based on lies that harness peoples alienation, fear and envy, Fascism is also especially to the weak. It is attractive to those who want to be strong again (or were never to begin with), or those who want to have a strong leader to help them.
Fascism betrays to others the inherent weakness. Like the insecure kid in school who lashes out - others around can see that it is because of their own insecurity which makes them appear even weaker. Fascism is a psychopathy driven by insecurity.
When people become so absorbed in an ideology there is a phenomena of people to self identify as an actual ideology? This produces a phenomena called Identity Protective Cognition, where people's self worth becomes attached to a belief system or ideology. So that when new information contradicts their worldview it is seen as an attack on the person themselves.
Therefore irrational, emotional quick fix thinking is the default when there is too much pressure and they feel attacked. They no longer use their slow effortful reflective thinking. (See Daniel Kahneman - Thinking, Fast and Slow)
This approach has parallels in evolutionary biology, in which a central issue is the ability to adapt to changing environments. Competency - over-competitiveness in management causes chaos which STOPS hierarchies of competence. (Insert video clips of Sapolsky on Chaos vs Reductionism etc. timestamps linked).
Fascists try to reduce variability in culture and outcomes - causes weakness of less adaptability - because as Sapolsky explains, the variability is not just noise in that type of system CAS (Complex Adaptive Systems) - the variability IS the system. It is fractal and scale free. The noise and variability is an intrinsic part of the system.
But the system doesn’t function properly when the agreed-upon parameters that individuals believe to be true aren’t universal enough to have any form of group coherence.
Birds and swarms of animals can produce amazing complex phenomena, which are greater than the sum of their individual parts. There is a “network effect” once a certain threshold and certain conditions and rules are met.
These rules can be very simple, like repulsion or attraction, or staying a certain distance apart while traveling in a similar direction, but collectively they create patterns that emerge with complexity and I dear say, a certain amount of beauty.
So what happens when millions of people are being brainwashed and misled by cults that are leaving them with a reduced ability to make decisions?
Giving them shit-for-brains just so that some rich people at the top can pay a few percentage less tax? That is the sign of a deeply sick system that cannot continue to function effectively. It is sick on so many levels.

Emergence, Complexity and Human Evolution - A Social-Biological Analysis

The problem with viewing the world through only one lens of analysis (or bucket of knowledge) is that you can fall into unnecessarily reductive thinking. (Sapolsky clips)
I describe myself as a philosophical anarchist. Which does NOT mean I want total chaos and disorder - it means I want the optimal solution to emerge - including the influences and experiences from the bottom-up.
I also think that a bottom-up (or anarchist) lens of analysis is necessary for society to run cohesively in an optimal state. If it is repressed it distorts the overall picture of reality for everyone - similar to a CEO that doesn’t listen to employees and workers on the ground.
I interpret as constantly holding authority to account - to justify its existence and reason for dominating others. I also believe it is every citizen's responsibility to hold authority to account. This would be necessary under ANY economic system or society.
Anarchists also believe in stigmenric, rhizomatic action to make the world better, organically, not from a top-down authority, which fascism seeks to instill on society.
Human beings are collectively parts of a bigger chaotic but stable system known as a CAS (Complex Adaptive System). CAS’s are chaotic systems that can reach periodic steady states of equilibrium.
As Professor Sapolsky explains, humans uniquely exist with a mixture of both communal and individualistic tendencies; known in the scientific world as Tournament vs. pair bonding.
All the evidence suggests that this tendency has greatly improved our success as a species. But those tendencies distorted too far one way or another lead to pathologies and the worst collective misdeeds and wars.
Because as Professor Sapolsky also explains in his brilliant lecture series (which I have condensed the pertinent parts of into a 4 part YouTube video) about CAS; the signals coming from the randomness is being suppressed or repressed, it interferes with the functioning of the system.
Pressure in the system makes the patterns more complex but at a certain point of increasing pressure in the complex system, it stops being linear and the doubling of patterns and periodicity totally stops. Order completely begins to break down because of the butterfly effect.
Fascist regimes fettishise order and rigidity but in a complex adaptive system, the noise IS the phenomena, not a byproduct to be discarded, ignored or repressed.
The majority of people on the right genuinely want to help society by bringing order, using top-down draconian measures if necessary. Whereas the left generally wants to help society by proactively building from the bottom up.
I think both of these approaches are necessary to be balanced properly for a healthy functioning society to emerge.
It seems our tendency to harness both traits and to focus intently on one or the other is our greatest collective strength, while also being our greatest weakness.
And similarly, on an individual level I believe our greatest strengths and weakness are the fact that our brains work efficiently by categorising information to filter out the unimportant bits that slow us down.
As the book by Daniel Kahneman - Thinking, Fast and Slow, brilliantly explains, slow deliberate, consideration thinking takes energy and time, so our brains developed filters which come out as biases. This is an inherent weakness of the human brain.
Now imagine the butterfly effect on the life of just one person who is influenced by the brainworms of QAnon cults or conspiracies which distorts their internal models of the world which they use to filter information about the world
The sad and shocking stories on forums like QanonCasualties show the devastating effects on their close friends, family and work life - amplified by their ever increasingly disconnected lives. (insert Flat earther clip - zoom in on idiot rolling head)
Now scale that up to the level of a whole of a society, a country, or the world? This is a collective madness to cope with and avoid the reality facing us as a species.
Only collective action with agreed basic facts to work from will do to avoid the total descent into actual chaos and destruction.

TLDR; Conclusion and Final Thoughts

In this essay I will have put forward the case for the following four key arguments being true and I have present supporting evidence to explain the logical reasoning for why our current definitions need updating and the threat levels reassed, from a non-hysterical but critical perspective. The overall claims I made are:
  1. Modern Fascism has taken over right-wing populism and bears all the hallmarks of early 20th Century Fascist ideologies.
  2. The ideology has two main reasons to exist, and two distinct audiences which both have a symbiotic, pathological relationship with each other.
  3. The main flaws and weaknesses of fascist ideology remain the same as ever - that fascism is motivated by irrational fears, greed and self deception.
  4. Modern Fascism has major unforeseen damaging consequences for individuals, governments, organisational dynamics, and society at large.
This reality is something I think a lot of fascists, ultra-nationalists and people who have been influenced by the propaganda know deep down on some level already - that they are avoiding the realities of pandemics and ecological harms of ignoring science and reality as it is.
They ignore it because fantasies are simpler to understand. And a narrative based on fear of the other is a simpler way to to process a complex world.
It is also attractive to the part of us that is drawn to conflict and drama - that hunger for something genuinely interesting to happen.
But I would argue from my experience that the beautiful complexity of life in all it’s shades of grey is much more interesting, fun and genuinely fulfilling to understand and engage in, even if it might be harder to deal with and even harder to explain.
I believe doing so is also vital for the very survival of our species - we can no longer afford to live in a fantasy, we need to collectively take responsibility for the world as it exists in reality.
Thank you to my two Patrons:
Carmen Jongepier
E.V. Roske
Original Script on Patreon
submitted by Upper-Range to BreadTube [link] [comments]

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Was Bitcoin Created By The US Government? - YouTube

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