Monday, June 3, 2019

[Hire Me] I Will Make Them Re-Read and Share Your Articles with My Captivating Writing

Hi There! How are you?

Do you read some blog articles and feel as if you are reading some statistic or environmental chemistry book? Content that reminds you of your miserable high school days in an algebra class. It’s uninteresting, doesn’t flow, fluffy and overall boring. We’ve all encountered content that makes us want to sleep. You have probably worked with a writer who provides such content.

Let’s turn things around.

I’m Steven. a cryptocurrency enthusiast, freelance writer, and a professional blogger, enjoying the internet lifestyle and making a full-time living with my laptop.

I’m an adept web researcher, churning informative, SEO driven articles while maintaining a high readability score.

Don’t believe me, feel free to check out some of my samples below

  1. Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
  2. A New Dawn: Blockchain is Presenting Exciting Opportunities for African Countries
  3. Globalcoin: Why You Should Avoid It Like the Plague

Here’s what I can offer you

  1. Blog Posts (Ghostwritten if need be) to drive traffic to your site
  2. Infographics to help improve your site content and increase engagement and shares
  3. Guides to educate crypto newbies
  4. Press releases

What’s in it for you?

  1. Copies that match your writing style while addressing your customers’ needs
  2. Well-researched, high-quality content that is free of grammatical errors
  3. SEO-optimized reviews and guides.
  4. Original articles
  5. Content that speaks directly to your prospects in a language they understand
  6. Engaging descriptions that pique customers interest

Turnaround

I can submit a 1000-word article (that is not mediocre) in 24 hours. If you need it urgently, I can deliver in hours

Rates

I price my work on a word basis. I charge between $0.06-$0.10 per word depending on the technicality and urgency.

I can also provide discounts for bulk work, and long-term clients.

Payments can be done through PayPal or Bitcoin

Why me?

The video below explains why I am the perfect writer to work on your cryptocurrency and blockchain articles.

https://www.youtube.com/watch?v=yLnhxvZU_IY

Contact Me

Interested? The best way to reach me would be through email. You can reach me at

[stevesketch1@gmail.com](mailto:stevesketch1@gmail.com)

[steven@yourblockchainwriter.com](mailto:steven@yourblockchainwriter.com)

Thank you for your time.

Looking forward to working with you.



[Hire Me] I Will Make Them Re-Read and Share Your Articles with My Captivating Writing

Hi There! How are you?

Do you read some blog articles and feel as if you are reading some statistic or environmental chemistry book? Content that reminds you of your miserable high school days in an algebra class. It’s uninteresting, doesn’t flow, fluffy and overall boring. We’ve all encountered content that makes us want to sleep. You have probably worked with a writer who provides such content.

Let’s turn things around.

I’m Steven. a cryptocurrency enthusiast, freelance writer, and a professional blogger, enjoying the internet lifestyle and making a full-time living with my laptop.

I’m an adept web researcher, churning informative, SEO driven articles while maintaining a high readability score.

Don’t believe me, feel free to check out some of my samples below

  1. Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
  2. A New Dawn: Blockchain is Presenting Exciting Opportunities for African Countries
  3. Globalcoin: Why You Should Avoid It Like the Plague

Here’s what I can offer you

  1. Blog Posts (Ghostwritten if need be) to drive traffic to your site
  2. Infographics to help improve your site content and increase engagement and shares
  3. Guides to educate crypto newbies
  4. Press releases

What’s in it for you?

  1. Copies that match your writing style while addressing your customers’ needs
  2. Well-researched, high-quality content that is free of grammatical errors
  3. SEO-optimized reviews and guides.
  4. Original articles
  5. Content that speaks directly to your prospects in a language they understand
  6. Engaging descriptions that pique customers interest

Turnaround

I can submit a 1000-word article (that is not mediocre) in 24 hours. If you need it urgently, I can deliver in hours

Rates

I price my work on a word basis. I charge between $0.06-$0.10 per word depending on the technicality and urgency.

I can also provide discounts for bulk work, and long-term clients.

Payments can be done through PayPal or Bitcoin

Why me?

The video below explains why I am the perfect writer to work on your cryptocurrency and blockchain articles.

https://www.youtube.com/watch?v=yLnhxvZU_IY

Contact Me

Interested? The best way to reach me would be through email. You can reach me at

[stevesketch1@gmail.com](mailto:stevesketch1@gmail.com)

[steven@yourblockchainwriter.com](mailto:steven@yourblockchainwriter.com)

Thank you for your time.

Looking forward to working with you.



My Godfather refuses to give money to EP. Almost gets stabbed to death.

Hi, first time posting here and I'm on mobile.

The cast:

EM - Entitled Mom

PK - Poor Kid

ND - Nice Dad

NDK - Nice Dad's Kid

G - Godfather

D - My Dad

M - My Mom

       For some backstory, G was an awesome and super kind and smart guy. He got into Bitcoin early and was a self made millionaire. Because he was so kind though, EM often took advantage of this and got free money from him. Also, ND and NDK were married into the family, so not blood related. ND was also a really nice guy. So, this all started about 2 years ago. ND had just married EM and the relationship was shaky. The thing that ripped the iceberg though was pretty extreme. One night, EM was drinking a lot and got super wasted. EM has a negative drinking output, so whenever she drinks, she is super angry. This story right here was told to me by NDK, but I didn't actually see it. NDK told me that EM had grabbed a beer bottle and smashed it over the counter and proceeded to try and shank her with it. ND quickly scooped her up and ran for about 2 miles straight, in barefoot. Then he called the cops on EM. The cops arrived to see EM destroying her house while PK, her own daughter, was watching. I didn't know what happened exactly in court, but ND got custody of NDK. EM got PK though. 1 year passes and my family is helping EM out because we feel bad, and because she is guilt tripping M. At this point, we help out with PK almost every weekend and even help pay for her Martial

arts lessons. EM said she was working, but we found out later she was actually drinking with her friends every weekend. G has started to help EM out. This is mostly because RM is G's sister, and she is guilt tripping him into doing it. Now, I have caught on to all of this, but I still try to sympathies to EM. Now, she had gotten into a very bad barefoot, and almost killed a guy who was kissing his own wife. The police did a drug test on her, and it turns out she was on cocaine at the time. The police did a search of her house, and it turns out she had weed, meth, and cocaine in her house. I love in PA in the U.S., and all of this is very illegal.  And, after a few more investigations, it turned out that she had been using G's Bitcoin to buy all of the drugs. There was going to be a trial for custody, until the big event happened. As any reasonable person would, G stopped giving her money and told her he didn't trust her at all. After a full body investigation 2 days later, it turned out EM was pregnant while she was doing all of the drugs. When G told EM that he wasn't going to give her any money, she flipped out. G left to go back to his house. Then, EM decides to do way more crack then normal and drives over to G's house. She then proceeded to pull a switchblade on him and repeatedly shah and staff his chest. The only reason why G survived was because EM then proceeded to have a heart attack, and died in front of G because of overdose. A neighbor saw and called the police. Three cops and an ambulance showed up to see G nearly dead on the ground, and EM dead with a bloody switchblade in her hand. When G went to the hospital, be was diagnosed with 3 broken ribs severe stab wounds, and a broken arm. He broke his arm when he fell back after EM first stabbed him. Luckly, he survived through. EM was confirmed dead because of a heart attack. PK was devastated after hearing the news, and is now in foster care. G and his girlfriend were so grateful when G came out ok. G has to go to physical therapy for a while and was diagnosed with PTSD.

      It's crazy what people will do in drugs. This impacted me a lot because G I strive to be like him. Don't do drugs.

TLDR: Godfather refuses to give money to druggy, almost gets stabbed to death.


Matt's College Dropouts - Startups and Ventures

Matt’s College Dropouts - www.collegedropouts.com

Let’s start with our customers in mind.

Who do we want our market to become?

Limited competition due to future focus on products.

Aquire first time customers by convincing them that Cryptocurrency is very safe.

Slack?

Chatbot.

Facebook Ads.

A message to the company:

Key business and technical partners?

CEO - Me

Available cloud partner?

Intellectual property/patent?

Outsource design?

Lean manufacturing?

Co-creation?

What is the value to partnered companies (selling coupons). Bitcoin services?

Scale?

CFO -

Customer agreement as membership is free(?) and/or paid(?) or segmented.

Key costs? Salaries, office, tech?

Revenue Model?

Evolving customer/partner needs.

Loss aversion with a subscription vs free?

CIO -

CD website maintenance?

UI, UX and Customer Experience.

ROAR - Web Summit? CD.

Design -

Token 1-step purchase.

Website - One page. Reuters.

Increase trust in product use.

Startup 0000 - www.servenorth.com - @iOS @Andriod

To be clear, an introduction - First, SN buyers input their address to see results based on exact static proximity then obtaining an option to choose an option between “Online” and “Offline” shopping partners to buy discounts from.

SN offers you an advertisement free service.

Bitcoin offers a service conjoined with Blockchain in SN to use their “cryptocurrency” immediately saving money on shopping. Buying a bitcoin is as easy as setting up a credit card for the iTunes Store, Microsoft Live, or even the Playstation Network. Bitcoin price fluctuations happen naturally as “FIAT” exchanges.

Proposal - Specifically, SN innovation will conquer this experimental “Crypto Market” with heavy focus on this business model also indicating methods to disrupt and differentiate separate industries in the tech sector. SN will master the art of saving money through purchasing efficiency demanding customer satisfaction.

Information -

ServeNorth - My future web and mobile app allowing consumers to purchase coupons for goods from local and online stores in full with Bitcoin on the Blockchain ledger. SN will focus on food, clothing and other necessary commodities per the needs of our hard working customers as Bitcoin is manifested when Miners continually add Blocks to Blockchain; rewarded based on their effort.

One Step Process -

Customers openly input their shipping address to unlock SN coupon merchants based on proximity either to online or in store merchants.

Blocks are based on one way encryption codes, notably created by the NSA per each unique transaction. New Blocks are mined every 10 minutes to Blockchain, a unique slight delay. As Game Theory goes, the difficulty level for Bitcoin changes every 2 weeks.

3,500 transactions per 2mb.

Questions?

How will SN report to Miners (external VS internal crunching)? Internal could allow higher customer satisfaction as the order status could be known or are there implementations in place for this event?

ROAR enabled (advertising local events in search)? Exclusively paid events introducing Cryptonights.

Contracts and program automation vs manual input. DAO vs. DAC - (Smart Contract Organization and Corporation).

Company - Purchase and sell new viable electronics @CD with our company Bitcoin wallet to produce FIAT currency?

Venture 0001 - www.arthurevo.com

Proposal - As per growing up in the suburbs of Salt Lake City, I recall a warm Summer night on our trampoline. I announced to my brother and a hood rat that there must be another way to create a human being! I recall my mind, maybe an embryonic zygote could be formed using plant cells to form homo Erectus! Introducing a small part of the plan, Arthur - EVO ID. This will be a web specific application.

Information -

Arthur EVO - Cognitive Visual EVO-ID System. Carbon based A.I. will set a precedent in computational human adaptation as building a complex mathematical machine to mimic the human mind will be nullified by this effort to knowingly match the literal elements of the most efficient computer recorded to date, the human brain, Arthur is and will effectively create a home based avatar.

As Google and IBM would have it both companies separately launch data centers to stymie the workforce in ungodly proportions and cost all around the world to power their company needs. Separate from this conundrum is the human brain which requires portions of at least 3 meals per day to stay ideally functional. Human bodies convert simple and complex carbohydrates into sugars as an energetic primer.

Graphene - a somewhat new material that further has been awarded a Nobel Prize in 2010 due to its discovery in what I like to imagine as lonely laboratory in London. Useful applications for distribution and generic use of graphene are crawling out at a snails pace. An elevator to the moon, a non-expanding and contracting space age material for planetary domination and now Arthur EVO-ID.

Theoretically, this venture’s graphene based helmet/band can be molded with nanotubes and a mix of suitable rubber can easily convert brain waves to a programmable read out to pioneer the future of personal human function and activity contrasted to the abnormalities in brain behavior in an anonymous fashion.

Journaling?

Startup 0003 - CD Chat

Information -

Co-create with Snap and Facebook.

Multi-layered.

As per Blockchain operates, this chat app will create permanent neural networks with it’s users.

How many people (neural networks) can be formed per chat?

1 step search bar.

GPS on to send 1 times message from distinct locations (shown). Radius(?)

Option to hide permanent solo and group chats but never forget the neural network.

Conversations stored in cloud in exactly the same form as the blockchain ledger. (Ask) animations and text stored in second layer, branching out.

Venture 0004 - CD Home

Information -

Air BNB potential with a host taking care of tenants.

CDH aims to give mid aged college students a chance to work together in a team voting on one common goal for a research project. 21+.

Tenants are expected to pay rent after receiving their scholarships from me.

Mutual agreement to split IP.

Palo Alto.

Startup 0005 - CDP - Embedded Web Service

Information -

Create a pixelated identification system received exclusively by recording equipment to stymie copying, period.

Host taking care of tenants.

Main Threat - Camera to screen.

www.sagebin.com - Media.

Venture 0006 - NBA Team - San Jose Salt Dogs

Purchase Utah Jazz.

Build new stadium in San Jose.

Purchase naming rights separately, CD Stadium.


Second Copyright Filing Appears for the Bitcoin White Paper

It was surprising enough when the Australian entrepreneur, Craig Wright, filed copyright registrations for the bitcoin white paper and original code, but the fact that there is now a legal rival is even more surprising. Second copyright filing appears for the bitcoin white paper.

A person named Wei Liu is also claiming to have originated the work under the pseudonym Satoshi Nakamoto. A second copyright registration for the white paper has appeared on the public catalog of the US Copyright Office with number code TX0008726120, indicating that while Wright’s filling is dated April 11, 2019; the second filling is dated May 24, 2019.

Right now, it’s unclear as to who Wei Liu is or why he filled the registration. However, it may be a counter to Wright’s move to assert ownership of fundamental bitcoin property.

That came in the midst of a whirlwind of legitimate dangers from Wright against the individuals who guarantee he isn’t Satoshi, as he has asserted at different events. However, he still can’t seem to give undeniable verification, for a development of Satoshi’s bitcoin.

globalexchange.

Wright is also a major key mover behind the cryptocurrency Bitcoin “Satoshi Vision” and said he would put the copyright registration in the hands of the foundation managing the token.

All things considered, a registration isn’t an acknowledgment of a work’s authorship by the U.S. Copyright Office. The copyright procedure enables anybody to enlist a work, regularly in connection to claims related with possession.

To be sure, the workplace said in a public statement after the Wright enrolments worked up something of a storm, that it has not “recognised” anyone as the inventor of bitcoin. To which the same applies to the registration by Wei Liu.

“As a general rule, when the Copyright Office receives an application for registration, the claimant certifies as to the truth of the statements made in the submitted materials. The Copyright Office does not investigate the truth of any statement made,” the Copyright Office wrote.

globalexchange.

The office also clarified:

“In a case in which a work is registered under a pseudonym, the Copyright Office does not investigate whether there is a provable connection between the claimant and the pseudonymous author”.


[Daily Discussion] Tuesday, June 04, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Tuesday, June 04, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Tuesday, June 04, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Altcoin Discussion] Tuesday, June 04, 2019

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

Thread guidelines:

  • Be excellent to each other.
  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
  • No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:


What Is USDQ and Q DAO?

What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ.

USDQ brings stability, with no need to engage legacy finance

How do USDQ and Q DAO coins work within the ecosystem?

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets.

Introduction to Q DAO and USDQ

There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience.

Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come.

USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future). It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices.

The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse.

In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.

Review of Q DAO and USDQ

Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag.

In addition, all the fees, charged for the system use, can be paid only in Q DAO.

In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed.

In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin.

Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike.

What makes USDQ stand apart

The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas.

The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size.

In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users.

Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be.

Why do we need stablecoins anyway?

Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year.

In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies.

Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets.

One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes.

Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect.

Bottom Line

USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets.

Here are the main ecosystem’s features:

  • The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain.
  • USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage.
  • USDQ brings higher decentralization, driving this important vector in the development of crypto industry.
  • Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward.

Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed, PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin.

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world.

PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues.

This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.


What Is USDQ and Q DAO?

What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ.

USDQ brings stability, with no need to engage legacy finance

How do USDQ and Q DAO coins work within the ecosystem?

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets.

Introduction to Q DAO and USDQ

There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience.

Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come.

USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future). It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices.

The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse.

In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.

Review of Q DAO and USDQ

Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag.

In addition, all the fees, charged for the system use, can be paid only in Q DAO.

In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed.

In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin.

Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike.

What makes USDQ stand apart

The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas.

The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size.

In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users.

Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be.

Why do we need stablecoins anyway?

Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year.

In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies.

Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets.

One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes.

Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect.

Bottom Line

USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets.

Here are the main ecosystem’s features:

  • The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain.
  • USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage.
  • USDQ brings higher decentralization, driving this important vector in the development of crypto industry.
  • Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward.

Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed, PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin.

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world.

PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues.

This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.



[Daily Discussion] Tuesday, June 04, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Tuesday, June 04, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Tuesday, June 04, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[uncensored-r/BitcoinMarkets] Braiins, the first bitcoin mining pool is rebranding

The following post by Crypto_guide is being replicated because the post has been silently greylisted.

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[removed]



I wanna invest in bitcoin

Hello i am really interrested in buying some bitcoin and am having a hard time understanding and finding information on it.

Im just asking if anyone has a guide or can provide tips on how i can get a wallet like on my phone or pc and buy bitcoin. Thanks!



06-04 00:34 - 'Bitcoin, trade wars, nuclear war, off-grid living and Ted Kaczynski' (self.Bitcoin) by /u/MarcBago removed from /r/Bitcoin within 273-283min

'''

Bitcoin, trade wars, nuclear war, off-grid living and Ted Kaczynski

I saw a post on here earlier asking if the trade war with China is good news for bitcoin.

Which got me thinking- would war be good news for bitcoin?

What about nuclear war?

Expected answer: cashing out your bitcoins would be the last of your problems during nuclear war.

Which I agree with. But I have a soft spot in my heart for off-grid lifestyles and an anti-tech revolution as imagined by Ted Kaczynski. His latest book released in 2016 I believe, Anti-Tech Revolution: Why & How (pdf is available free online) was a fascinating read, I read it front to back 3+ times in a row after first coming across it.

Kaczynaki takes a look at revolutions throughout history and the social sciences generally (which he rightfully observes is nowhere remotely like the hard sciences) in this book, and one thing he concludes is that human affairs are unpredictable and society cannot be designed and there will sooner or later be catastrophic failure of the industrial technological system we are living in.

You know what, how about I paste a snippet here for y’all to digest and share your thoughts about-

[link]1

CHAPTER ONE

The Development ofa Society Can Never Be Subject to Rational Human Control

I. In specific contexts in which abundant empirical evidence is available, fairly reliable short-term prediction and control of a society's behavior may be possible. For example, economists can predict some ofthe immediate consequences for a modern industrial society of a rise or a fall in the interest rates. Hence, by raising or lowering interest rates they can manipulate such variables as the levels ofinflation and ofunemployment.3 Indirect consequences are harder to predict, and prediction of the conse­ quences of more elaborate financial manipulations is largely guesswork. That's why the economic policies ofthe U.S. government are subject to so much controversy: No one knows for certain what the consequences of those policies really are. Outside of contexts in which abundant empirical evidence is avail­ able, or when longer-term effects are at issue, successful prediction-and therefore successful management of a society's development-is far more difficult. In fact, failure is the norm.

• During the first half of the second century BC, sumptuary laws (laws intended to limit conspicuous consumption) were enacted in an effort to forestall the incipient decadence of Roman society. As is usual with sump­ tuary laws, these failed to have the desired effect, and the decay of Roman mores continued unchecked.4 By the early first century BC, Rome had become politically unstable. With the help ofsoldiers under his command, Lucius Cornelius Sulla seized control of the city, physically exterminated the opposition, and carried out a comprehensive program ofreform that was intended to restore stable government. But Sulla's intervention only made the situation worse, because he had killed offthe "defenders oflawful government" and had filled the Senate with unscrupulous men "whose tra­ dition was the opposite ofthat sense ofmission and public service that had animated the best of the aristocracy."5 Consequently the Roman political system continued to unravel, and by the middle of the first century BC Rome's traditional republican government was essentially defunct.

• In Italy during the 9th century AD certain kings promulgated laws intended to limit the oppression and exploitation of peasants by the aristocracy. "The laws proved futile, however, and aristocratic landowning and political dominance continued to grow."6

• Simon Bolivar was the principal leader ofthe revolutions through which Spain's American colonies achieved their independence. He had hoped and expected to establish stable and "enlightened" government throughout Spanish America, but he made so little progress toward that objective that he wrote in bitterness shortly before his death in 1830: "He who serves a revolution plows the sea." Bolivar went on to predict that Spanish America would "infallibly fall into the hands ofthe unrestrained multitude to pass afterward to those of. . . petty tyrants of all races and colors . . . [We will be] devoured by all crimes and extinguished by ferocity [so that] the Europeans will not deign to conquer us. . . ."7 Allowing for a good deal of exaggeration attributable to the emotion under which Bolivar wrote, this prediction held (roughly) true for a century and a half after his death. But notice that Bolivar did not arrive at this prediction until too late; and that it was a very general prediction that asserted nothing specific.

• In the United States during the late 19th century there were worker-housing projects sponsored by a number ofindividual philan­ thropists and housing reformers. Their objective was to show that efforts to improve the living conditions ofworkers could be combined with... profits of5 percent annually. ... Reformers believed that the model dwellings would set a stan­ dard that other landlords would be forced to meet. . . mostly because of the workings of competition. Unfortunately, this solution to the housing problem did not take hold. . . . The great mass ofurban work­ ers. . . were crowded into. . . tenements that operated solely for profit.8 It is not apparent that there has been any progress over the centuries in the capacity of humans to guide the development of their societies. Relatively recent (post-1950) efforts in this direction may seem superficially to be more sophisticated than those ofearlier times, but they do not appear to be more successful.

• The social reform programs ofthe mid-1960s in the United States, spearheaded by President Lyndon Johnson, revealed that beliefs about the causes and cures of such social problems as crime, drug abuse, poverty, and slums had little validity. For example, according to one disappointed reformer: Once upon a time we thought that ifwe could only get our problem families out of those dreadful slums, then papa would stop taking dope, mama would stop chasing around, and junior would stop car­ rying a knife. Well, we've got them in a nice new apartment with modern kitchens and a recreation center. And they're the same bunch of bastards they always were.9 This doesn't mean that all ofthe reform programs were total fail­ ures, but the general level of success was so low as to indicate that the reformers did not understand the workings of society well enough to know what should be done to solve the social problems that they addressed. Where they achieved some modest level of success they probably did so mainly through luck.

One could go on and on citing examples like the foregoing ones. One could also cite many examples ofefforts to control the development ofsocieties in which the immediate goals ofthe efforts have been achieved. But in such cases the longer-term consequences for society as a whole have not been what the reformers or revolutionaries have expected or desired.11

10 ANTI-TECH REVOLUTION • The legislation of the Athenian statesman Solon (6th century BC) was intended to abolish hektemorage (roughly equivalent to serfdom) in Attica while allowing the aristocracy to retain most of its wealth and privilege. In this respect the legislation was successful. But it also had unexpected consequences that Solon surely would not have approved. The liberationofthe"serfs"resultedinalaborshortagethatledtheAtheniansto purchase or capture numerous slaves from outside Attica, so that Athens was transformed into a slave society. Another indirect consequence of Solon's legislation was the Peisistratid "tyranny" (populist dictatorship) that ruled Athens during a substantial part of the 6th century BC.12 • Otto von Bismarck, one of the most brilliant statesmen in European history, had an impressive list ofsuccesses to his credit. Among other things: -He achieved the unification ofGermany in 1867-1871. -He engineered the Franco-Prussian war of1870-71, but his suc- cessful efforts for peace thereafter earned him the respect of European leaders. -He successfully promoted the industrialization of Germany. -By such means he won for the monarchy the support ofthe middle class. -Thus Bismarck achieved his most important objective: He pre­ vented (temporarily) the democratization of Germany. -Though Bismarckwas forced to resign in 1890, the political struc­ ture he had established for Germany lasted until 1918, when it was brought down by the German defeat in World War 1.13 Notwithstanding his remarkable successes Bismarck felt that he had failed, and in 1898 he died an embittered old man.14 Clearly, Germany was not going the way he had intended. Probably it was the resumption of Germany's slow drift toward democratization that angered him most. But his bitterness would have been deeper ifhe had foreseen the future. One can only speculate as to what the history ofGermany might have been after 1890 if Bismarck hadn't led the country up to that date, but it is certain that he did not succeed in putting Germany on a course leading to results ofwhich he would have approved; for Bismarck would have been horrified by the disastrous war of 1914-18, by Germany's defeat in it, and above all by the subsequent rise ofAdolfHitler. • In the United States, reformers' zeal led to the enactment in 1919 of"Prohibition" (prohibition ofthe manufacture, sale, or transportation

CHAPTER ONE: PART I 11 of alcoholic beverages) as a constitutional amendment. Prohibition was partly successful in achieving its immediate objective, for it did decrease the alcohol consumption of the "lower" classes and reduce the incidence of alcohol-related diseases and deaths; it moreover "eradicated the saloon." On the other hand, it provided criminal gangs with opportunities to make huge profits through the smuggling and/or the illicit manufacture of alcoholic drinks; thus Prohibition greatly promoted the growth of organized crime. In addition, it tended to corrupt otherwise respectable people who were tempted to purchase the illegal beverages. It became clear that Prohibition was a serious mistake, and it was repealed through another constitutional amendment in 1933.15 • The so-called "Green Revolution" of the latter part of the 20th century-the introduction of new farming technologies and of recently developed, highly productive varieties of grain-was supposed to allevi­ ate hunger in the Third World by providing more abundant harvests. It did indeed provide more abundant harvests. But: "[A]lthough the 'Green Revolution' seems to have been a success as far as the national total cereal production figures are concerned, a look at it from the perspective of communities and individual humans indicates that the problems have far outweighed the successes... ."16 In some parts of the world the conse­ quences of the Green Revolution have been nothing short of catastrophic. For example, in the Punjab (a region lying partly in India and partly in Pakistan), the Green Revolution has ruined "thousands of hectares of [for­ merly] productive land," and has led to severe lowering of the water table, contamination of the water with pesticides and fertilizers, numerous cases of cancer (probably due to the contaminated water), and many suicides. "'The green revolution has brought us only downfall,' says Jarnail Singh... . 'It ruined our soil, our environment, our water table. Used to be we had fairs in villages where people would come together and have fun. Now we gather in medical centers.' "17 From other parts of the world as well come reports of negative con­ sequences, of varying degrees of severity, that have followed the Green Revolution.These consequences include economic, behavioral, and medical effects in addition to environmental damage (e.g., desertification).18 • In 1953, U.S. President Eisenhower announced an "Atoms for Peace" program according to which the nations of the world were sup­ posed to pool nuclear information and materials under the auspices of an international agency. In 1957 the International Atomic Energy Agency

12 ANTI-TECH REVOLUTION was established to promote the peaceful uses of atomic energy, and in 1968 the United Nations General Assembly approved a "non-proliferation" treaty under which signatories agreed not to develop nuclear weapons and in return were given nuclear technology that they were supposed to use only for peaceful purposes.19The people involved in this effort should have known enough history to realize that nations generally abide by treaties only as long as they consider it in their own (usually short-term) interest to do so, which commonly is not very long. But apparently the assumption was that the nations receiving nuclear technology would be so grateful, and so happy cooperating in its peaceful application, that they would forever put aside the aspirations for power and the bitter rivalries that throughout history had led to the development of increasingly destructive weapons. This idea seems to have originated with scientists like Robert Oppenheimer and Niels Bohr who had helped to create the first atomic bomb.20 That physicists would come up with something so nai:ve was only to be expected, since specialists in the physical sciences almost always are grossly obtuse about human affairs. It seems surprising, however, that experienced politicians would act upon such an idea. But then, politicians often do things for propaganda purposes and not because they really believe in them. The "Atoms for Peace" idea worked fine-for a while. Some 140 nations signed the non-proliferation treaty in 1968 (others later),21 and nuclear technology was spread around the world. Iran, in the early 1970s, was one of the countries that received nuclear technology from the U.S.22 And the nations receiving such technology didn't t r y t o use i t t o develop nuclear weapons. Not immediately, anyway. Of course, we know what has happened since then. "[H]ard-nosed politicians and diplomats [e.g., Henry Kissinger]...argue that proliferation of nuclear weapons is fast approaching a 'tipping point' beyond which it will be impossible to check their spread." These "veterans of America's cold-war security establishment with impec­ cable credentials as believers in nuclear deterrence" now claim that such weapons "ha[ve] become a source of intolerable risk."23 And there is the inconvenient fact that the problem of safe disposal of radioactive waste from the peaceful uses of nuclear energy still has not been solved.24 The "Atoms for Peace"fiasco suggests that humans' capacity to con­ trol the development of their societies not only has failed to progress, but has actually retrogressed. Neither Solon nor Bismarck would have supported anything as stupid as "Atoms for Peace."

CHAPTER ONE: PART II 13 II. There are good reasons why humans' capacity to control the development of their societies has failed to progress. In order to control the development of a society you would have to be able to predict how the society would react to any given action you might take, and such predic­ tions have generally proven to be highly unreliable. Human societies are complex systems-technologically advanced societies are most decidedly complex-and prediction of the behavior of complex systems presents dif­ ficulties that are not contingent on the present state of our knowledge or our level of technological development. [U]nintended consequences [are] a well-known problem with the design and use of technology... . The cause of many [unintended con­ sequences] seems clear: The systems involved are complex, involving interaction among and feedback between many parts. Any changes to such a system will cascade in ways that are difficult to predict; this is especially true when human actions are involved.25 Problems in economics can give us some idea of how impossibly difficult it would be to predict or control the behavior of a system as com­ plex as that of a modern human society. It is convincingly argued that a modern economy can never be rationally planned to maximize efficiency, because the task of carrying out such planning would be too overwhelmingly complex.26 Calculation of a rational system of prices for the U.S. economy alone would require manipulation of a conservatively estimated 6xl013 (sixty trillion!) simultaneous equations.27 That takes into account only the economic factors involved in establishing prices and leaves out the innu­ merable psychological, sociological, political, etc., factors that continuously interact with the economy. Even if we make the wildly improbable assumption that the behav­ ior of our society could be predicted through the manipulation of, say, a million trillion simultaneous equations and that sufficient computing power to conduct such manipulation were available, collection of the data necessary for insertion of the appropriate numbers into the equations would be impracticable,28 especially since the data would have to meet impossibly high standards of precision if the predictions were expected to remain valid over any considerable interval of time. Edward Lorenz, a meteo­ rologist, was the first to call widespread attention to the fact that even the most minute inaccuracy in the data provided can totally invalidate a

14 ANTI-TECH REVOLUTION prediction about the behavior of a complex system. This fact came t o be called the "butterfly effect"because in 1972, at a meeting of the American Association for the Advancement of Science, Lorenz gave a talk that he titled "Predictability: Does the Flap of a Butterfly's Wings in Brazil Set Off a Tornado in Texas?"29 Lorenz's work is said to have been the inspiration for the development of what is called "chaos theory"30-the butterfly effect being an example of "chaotic" behavior. Chaotic behavior is not limited to complex systems; in fact, some surprisingly simple systems can behave chaotically.31 The Encyclopaedia Britannica illustrates this with a purely mathematical example. Let A and x0 be any two given numbers with 0<A<4 and 0<x0 <1, and let a sequence of numbers be generated according to the formula Xn+l =Axn(l - xJ For certain values of A, e.g., A=3.7, the sequence behaves chaotically: In order to bring about a linear increase in the number of terms of the sequence that one can predict to a reasonable approximation, one needs to achieve an exponential improvement in the accuracy of one's estimate of Xo· In other words, in order to predict the nth term of the sequence, one needs to know the value of x0 with an error not exceeding 10-kn, k a constant.32 This is characteristic of chaotic systems generally: Any small extension of the range of prediction requires an exponential improvement in the accuracy of the data. [A]ll chaotic systems share the property that every extra place of decimals in one's knowledge of the starting point only pushes the horizon [of predictability] a small distance away. In practical terms, the horizon of predictability is an impassable barrier. ... [O]nce it becomes clear how many systems are sufficiently nonlinear to be considered for chaos, it has to be recognized that prediction may be limited to short stretches set by the horizon of predictability. Full comprehension... must frequently remain a tentative process... with frequent recourse to observation and experiment in the event that prediction and reality have diverged too far.33 It should be noted that the Heisenberg Uncertainty Principle sets an absolute limit to the precision of data used for the prediction of physical phenomena. This principle, which implies that certain events involving subatomic particles are unpredictable, is inferred mathematically from other known laws of physics; hence, successful prediction at the subatomic level would entail violations of the laws of physics. If a prediction about the

CHAPTER ONE: PART II 15 behavior of a macroscopic system requires data so precise that their accuracy can be disturbed by events at the subatomic level, then no reliable prediction is possible. Hence, for a chaotic physical system, there is a point beyond which the horizon of predictability can never be extended. Of course, the behavior of a human society is not in every respect chaotic; there are empirically observable historical trends that can last for centuries or millennia. But it is wildly improbable that a modern techno­ logical society could be free of all chaotic subsystems whose behavior is capable of affecting the society as a whole, so it is safe to assume that the development of a modern society is necessarily chaotic in at least some respects and therefore unpredictable. This doesn't mean that no predictions at all are possible. In reference to weather forecasting the Britannica writes: It is highly probable that atmospheric movements... are in a state of chaos. If so, there can be little hope of extending indefinitely the range of weather forecasting except in the most general terms. There are clearly certain features of climate, such as annual cycles of tem­ perature and rainfall, which are exempt from the ravages of chaos. Other large-scale processes may still allow long-range prediction, but the more detail one asks for in a forecast, the sooner it will lose its validity.34 Much the same can be said of the behavior of human society (though human society is far more complex even than the weather). In some con­ texts, reasonably reliable and specific short-term predictions can be made, as we noted above in reference to the relationship between interest rates, inflation, and unemployment. Long-term predictions of an imprecise and nonspecific character are often possible; we've already mentioned Bolivar's correct prediction of the failure of stable and "enlightened " government in Spanish America. (Here it is well to note that predictions that something will not work can generally be made with greater confidence than predic­ tions that something willwork.35) But reliable long-term predictions that are at all specific can seldom be made. There are exceptions. Moore's Law makes a specific prediction about the rate of growth of computing power, and as of 2012 the law has held true for some fifty years.36 But Moore's Law is not an inference derived from an understanding of society, it is simply a description of an empirically

16 ANTI-TECH REVOLUTION observed trend, and no one knows how long the trend will continue. The law may have predictable consequences for many areas of technology, but no one knows in any specific way how all this technology will interact with society as a whole. Though Moore's Law and other empirically observed trends may play a useful role in attempts to foresee the future, it remains true that any effort to understand the development of our society must (to borrow the Britannica's phrases) "remain a tentative process... with frequent recourse to observation and experiment... ." But just in case someone declines to assume that our society includes any important chaotic components, let's suppose for the sake of argument that the development of society could in principle be predicted through the solution of some stupendous system of simultaneous equations and that the necessary numerical data at the required level of precision could actually be collected. No one will claim that the computing power required to solve such a system of equations is currently available. But let's assume that the unimaginably vast computing power predicted by Ray Kurzweil37 will become a reality for some future society, and let's suppose that such a quantity of computing power would be capable of handling the enormous complexity ofthe present society and predicting its development over some substantial interval of time. It does not follow that a future society of that kind would have sufficient computing power to predict its own develop­ ment, for such a society necessarily would be incomparably more complex than the present one: The complexity of a society will grow right along with its computing power, because the society's computational devices are part of the society.

Thoughts? :)

'''

Bitcoin, trade wars, nuclear war, off-grid living and Ted Kaczynski

Go1dfish undelete link

unreddit undelete link

Author: /u/MarcBago

1: *e.****up.net/asset*/*892*6/Kac*ynski+A*ti-Te**+R*volution+Wh***nd+How*p*f

Unknown links are censored to prevent spreading illicit content.



[uncensored-r/Bitcoin] Bitcoin, trade wars, nuclear war, off-grid living and Ted Kaczynski

The following post by MarcBago is being replicated because the post has been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ Bitcoin/comments/bwf3yt

The original post's content was as follows:


Bitcoin, trade wars, nuclear war, off-grid living and Ted Kaczynski

I saw a post on here earlier asking if the trade war with China is good news for bitcoin.

Which got me thinking- would war be good news for bitcoin?

What about nuclear war?

Expected answer: cashing out your bitcoins would be the last of your problems during nuclear war.

Which I agree with. But I have a soft spot in my heart for off-grid lifestyles and an anti-tech revolution as imagined by Ted Kaczynski. His latest book released in 2016 I believe, Anti-Tech Revolution: Why & How (pdf is available free online) was a fascinating read, I read it front to back 3+ times in a row after first coming across it.

Kaczynaki takes a look at revolutions throughout history and the social sciences generally (which he rightfully observes is nowhere remotely like the hard sciences) in this book, and one thing he concludes is that human affairs are unpredictable and society cannot be designed and there will sooner or later be catastrophic failure of the industrial technological system we are living in.

You know what, how about I paste a snippet here for y’all to digest and share your thoughts about-

https://we.riseup.net/assets/389236/Kaczynski+Anti-Tech+Revolution+Why+and+How.pdf

CHAPTER ONE

The Development ofa Society Can Never Be Subject to Rational Human Control

I. In specific contexts in which abundant empirical evidence is available, fairly reliable short-term prediction and control of a society's behavior may be possible. For example, economists can predict some ofthe immediate consequences for a modern industrial society of a rise or a fall in the interest rates. Hence, by raising or lowering interest rates they can manipulate such variables as the levels ofinflation and ofunemployment.3 Indirect consequences are harder to predict, and prediction of the conse­ quences of more elaborate financial manipulations is largely guesswork. That's why the economic policies ofthe U.S. government are subject to so much controversy: No one knows for certain what the consequences of those policies really are. Outside of contexts in which abundant empirical evidence is avail­ able, or when longer-term effects are at issue, successful prediction-and therefore successful management of a society's development-is far more difficult. In fact, failure is the norm.

• During the first half of the second century BC, sumptuary laws (laws intended to limit conspicuous consumption) were enacted in an effort to forestall the incipient decadence of Roman society. As is usual with sump­ tuary laws, these failed to have the desired effect, and the decay of Roman mores continued unchecked.4 By the early first century BC, Rome had become politically unstable. With the help ofsoldiers under his command, Lucius Cornelius Sulla seized control of the city, physically exterminated the opposition, and carried out a comprehensive program ofreform that was intended to restore stable government. But Sulla's intervention only made the situation worse, because he had killed offthe "defenders oflawful government" and had filled the Senate with unscrupulous men "whose tra­ dition was the opposite ofthat sense ofmission and public service that had animated the best of the aristocracy."5 Consequently the Roman political system continued to unravel, and by the middle of the first century BC Rome's traditional republican government was essentially defunct.

• In Italy during the 9th century AD certain kings promulgated laws intended to limit the oppression and exploitation of peasants by the aristocracy. "The laws proved futile, however, and aristocratic landowning and political dominance continued to grow."6

• Simon Bolivar was the principal leader ofthe revolutions through which Spain's American colonies achieved their independence. He had hoped and expected to establish stable and "enlightened" government throughout Spanish America, but he made so little progress toward that objective that he wrote in bitterness shortly before his death in 1830: "He who serves a revolution plows the sea." Bolivar went on to predict that Spanish America would "infallibly fall into the hands ofthe unrestrained multitude to pass afterward to those of. . . petty tyrants of all races and colors . . . [We will be] devoured by all crimes and extinguished by ferocity [so that] the Europeans will not deign to conquer us. . . ."7 Allowing for a good deal of exaggeration attributable to the emotion under which Bolivar wrote, this prediction held (roughly) true for a century and a half after his death. But notice that Bolivar did not arrive at this prediction until too late; and that it was a very general prediction that asserted nothing specific.

• In the United States during the late 19th century there were worker-housing projects sponsored by a number ofindividual philan­ thropists and housing reformers. Their objective was to show that efforts to improve the living conditions ofworkers could be combined with... profits of5 percent annually. ... Reformers believed that the model dwellings would set a stan­ dard that other landlords would be forced to meet. . . mostly because of the workings of competition. Unfortunately, this solution to the housing problem did not take hold. . . . The great mass ofurban work­ ers. . . were crowded into. . . tenements that operated solely for profit.8 It is not apparent that there has been any progress over the centuries in the capacity of humans to guide the development of their societies. Relatively recent (post-1950) efforts in this direction may seem superficially to be more sophisticated than those ofearlier times, but they do not appear to be more successful.

• The social reform programs ofthe mid-1960s in the United States, spearheaded by President Lyndon Johnson, revealed that beliefs about the causes and cures of such social problems as crime, drug abuse, poverty, and slums had little validity. For example, according to one disappointed reformer: Once upon a time we thought that ifwe could only get our problem families out of those dreadful slums, then papa would stop taking dope, mama would stop chasing around, and junior would stop car­ rying a knife. Well, we've got them in a nice new apartment with modern kitchens and a recreation center. And they're the same bunch of bastards they always were.9 This doesn't mean that all ofthe reform programs were total fail­ ures, but the general level of success was so low as to indicate that the reformers did not understand the workings of society well enough to know what should be done to solve the social problems that they addressed. Where they achieved some modest level of success they probably did so mainly through luck.

One could go on and on citing examples like the foregoing ones. One could also cite many examples ofefforts to control the development ofsocieties in which the immediate goals ofthe efforts have been achieved. But in such cases the longer-term consequences for society as a whole have not been what the reformers or revolutionaries have expected or desired.11

10 ANTI-TECH REVOLUTION • The legislation of the Athenian statesman Solon (6th century BC) was intended to abolish hektemorage (roughly equivalent to serfdom) in Attica while allowing the aristocracy to retain most of its wealth and privilege. In this respect the legislation was successful. But it also had unexpected consequences that Solon surely would not have approved. The liberationofthe"serfs"resultedinalaborshortagethatledtheAtheniansto purchase or capture numerous slaves from outside Attica, so that Athens was transformed into a slave society. Another indirect consequence of Solon's legislation was the Peisistratid "tyranny" (populist dictatorship) that ruled Athens during a substantial part of the 6th century BC.12 • Otto von Bismarck, one of the most brilliant statesmen in European history, had an impressive list ofsuccesses to his credit. Among other things: -He achieved the unification ofGermany in 1867-1871. -He engineered the Franco-Prussian war of1870-71, but his suc- cessful efforts for peace thereafter earned him the respect of European leaders. -He successfully promoted the industrialization of Germany. -By such means he won for the monarchy the support ofthe middle class. -Thus Bismarck achieved his most important objective: He pre­ vented (temporarily) the democratization of Germany. -Though Bismarckwas forced to resign in 1890, the political struc­ ture he had established for Germany lasted until 1918, when it was brought down by the German defeat in World War 1.13 Notwithstanding his remarkable successes Bismarck felt that he had failed, and in 1898 he died an embittered old man.14 Clearly, Germany was not going the way he had intended. Probably it was the resumption of Germany's slow drift toward democratization that angered him most. But his bitterness would have been deeper ifhe had foreseen the future. One can only speculate as to what the history ofGermany might have been after 1890 if Bismarck hadn't led the country up to that date, but it is certain that he did not succeed in putting Germany on a course leading to results ofwhich he would have approved; for Bismarck would have been horrified by the disastrous war of 1914-18, by Germany's defeat in it, and above all by the subsequent rise ofAdolfHitler. • In the United States, reformers' zeal led to the enactment in 1919 of"Prohibition" (prohibition ofthe manufacture, sale, or transportation

CHAPTER ONE: PART I 11 of alcoholic beverages) as a constitutional amendment. Prohibition was partl...



06-04 00:34 - 'Bitcoin, trade wars, nuclear war, off-grid living and Ted Kaczynski' (self.Bitcoin) by /u/MarcBago removed from /r/Bitcoin within 273-283min

'''

Bitcoin, trade wars, nuclear war, off-grid living and Ted Kaczynski

I saw a post on here earlier asking if the trade war with China is good news for bitcoin.

Which got me thinking- would war be good news for bitcoin?

What about nuclear war?

Expected answer: cashing out your bitcoins would be the last of your problems during nuclear war.

Which I agree with. But I have a soft spot in my heart for off-grid lifestyles and an anti-tech revolution as imagined by Ted Kaczynski. His latest book released in 2016 I believe, Anti-Tech Revolution: Why & How (pdf is available free online) was a fascinating read, I read it front to back 3+ times in a row after first coming across it.

Kaczynaki takes a look at revolutions throughout history and the social sciences generally (which he rightfully observes is nowhere remotely like the hard sciences) in this book, and one thing he concludes is that human affairs are unpredictable and society cannot be designed and there will sooner or later be catastrophic failure of the industrial technological system we are living in.

You know what, how about I paste a snippet here for y’all to digest and share your thoughts about-

[link]1

CHAPTER ONE

The Development ofa Society Can Never Be Subject to Rational Human Control

I. In specific contexts in which abundant empirical evidence is available, fairly reliable short-term prediction and control of a society's behavior may be possible. For example, economists can predict some ofthe immediate consequences for a modern industrial society of a rise or a fall in the interest rates. Hence, by raising or lowering interest rates they can manipulate such variables as the levels ofinflation and ofunemployment.3 Indirect consequences are harder to predict, and prediction of the conse­ quences of more elaborate financial manipulations is largely guesswork. That's why the economic policies ofthe U.S. government are subject to so much controversy: No one knows for certain what the consequences of those policies really are. Outside of contexts in which abundant empirical evidence is avail­ able, or when longer-term effects are at issue, successful prediction-and therefore successful management of a society's development-is far more difficult. In fact, failure is the norm.

• During the first half of the second century BC, sumptuary laws (laws intended to limit conspicuous consumption) were enacted in an effort to forestall the incipient decadence of Roman society. As is usual with sump­ tuary laws, these failed to have the desired effect, and the decay of Roman mores continued unchecked.4 By the early first century BC, Rome had become politically unstable. With the help ofsoldiers under his command, Lucius Cornelius Sulla seized control of the city, physically exterminated the opposition, and carried out a comprehensive program ofreform that was intended to restore stable government. But Sulla's intervention only made the situation worse, because he had killed offthe "defenders oflawful government" and had filled the Senate with unscrupulous men "whose tra­ dition was the opposite ofthat sense ofmission and public service that had animated the best of the aristocracy."5 Consequently the Roman political system continued to unravel, and by the middle of the first century BC Rome's traditional republican government was essentially defunct.

• In Italy during the 9th century AD certain kings promulgated laws intended to limit the oppression and exploitation of peasants by the aristocracy. "The laws proved futile, however, and aristocratic landowning and political dominance continued to grow."6

• Simon Bolivar was the principal leader ofthe revolutions through which Spain's American colonies achieved their independence. He had hoped and expected to establish stable and "enlightened" government throughout Spanish America, but he made so little progress toward that objective that he wrote in bitterness shortly before his death in 1830: "He who serves a revolution plows the sea." Bolivar went on to predict that Spanish America would "infallibly fall into the hands ofthe unrestrained multitude to pass afterward to those of. . . petty tyrants of all races and colors . . . [We will be] devoured by all crimes and extinguished by ferocity [so that] the Europeans will not deign to conquer us. . . ."7 Allowing for a good deal of exaggeration attributable to the emotion under which Bolivar wrote, this prediction held (roughly) true for a century and a half after his death. But notice that Bolivar did not arrive at this prediction until too late; and that it was a very general prediction that asserted nothing specific.

• In the United States during the late 19th century there were worker-housing projects sponsored by a number ofindividual philan­ thropists and housing reformers. Their objective was to show that efforts to improve the living conditions ofworkers could be combined with... profits of5 percent annually. ... Reformers believed that the model dwellings would set a stan­ dard that other landlords would be forced to meet. . . mostly because of the workings of competition. Unfortunately, this solution to the housing problem did not take hold. . . . The great mass ofurban work­ ers. . . were crowded into. . . tenements that operated solely for profit.8 It is not apparent that there has been any progress over the centuries in the capacity of humans to guide the development of their societies. Relatively recent (post-1950) efforts in this direction may seem superficially to be more sophisticated than those ofearlier times, but they do not appear to be more successful.

• The social reform programs ofthe mid-1960s in the United States, spearheaded by President Lyndon Johnson, revealed that beliefs about the causes and cures of such social problems as crime, drug abuse, poverty, and slums had little validity. For example, according to one disappointed reformer: Once upon a time we thought that ifwe could only get our problem families out of those dreadful slums, then papa would stop taking dope, mama would stop chasing around, and junior would stop car­ rying a knife. Well, we've got them in a nice new apartment with modern kitchens and a recreation center. And they're the same bunch of bastards they always were.9 This doesn't mean that all ofthe reform programs were total fail­ ures, but the general level of success was so low as to indicate that the reformers did not understand the workings of society well enough to know what should be done to solve the social problems that they addressed. Where they achieved some modest level of success they probably did so mainly through luck.

One could go on and on citing examples like the foregoing ones. One could also cite many examples ofefforts to control the development ofsocieties in which the immediate goals ofthe efforts have been achieved. But in such cases the longer-term consequences for society as a whole have not been what the reformers or revolutionaries have expected or desired.11

10 ANTI-TECH REVOLUTION • The legislation of the Athenian statesman Solon (6th century BC) was intended to abolish hektemorage (roughly equivalent to serfdom) in Attica while allowing the aristocracy to retain most of its wealth and privilege. In this respect the legislation was successful. But it also had unexpected consequences that Solon surely would not have approved. The liberationofthe"serfs"resultedinalaborshortagethatledtheAtheniansto purchase or capture numerous slaves from outside Attica, so that Athens was transformed into a slave society. Another indirect consequence of Solon's legislation was the Peisistratid "tyranny" (populist dictatorship) that ruled Athens during a substantial part of the 6th century BC.12 • Otto von Bismarck, one of the most brilliant statesmen in European history, had an impressive list ofsuccesses to his credit. Among other things: -He achieved the unification ofGermany in 1867-1871. -He engineered the Franco-Prussian war of1870-71, but his suc- cessful efforts for peace thereafter earned him the respect of European leaders. -He successfully promoted the industrialization of Germany. -By such means he won for the monarchy the support ofthe middle class. -Thus Bismarck achieved his most important objective: He pre­ vented (temporarily) the democratization of Germany. -Though Bismarckwas forced to resign in 1890, the political struc­ ture he had established for Germany lasted until 1918, when it was brought down by the German defeat in World War 1.13 Notwithstanding his remarkable successes Bismarck felt that he had failed, and in 1898 he died an embittered old man.14 Clearly, Germany was not going the way he had intended. Probably it was the resumption of Germany's slow drift toward democratization that angered him most. But his bitterness would have been deeper ifhe had foreseen the future. One can only speculate as to what the history ofGermany might have been after 1890 if Bismarck hadn't led the country up to that date, but it is certain that he did not succeed in putting Germany on a course leading to results ofwhich he would have approved; for Bismarck would have been horrified by the disastrous war of 1914-18, by Germany's defeat in it, and above all by the subsequent rise ofAdolfHitler. • In the United States, reformers' zeal led to the enactment in 1919 of"Prohibition" (prohibition ofthe manufacture, sale, or transportation

CHAPTER ONE: PART I 11 of alcoholic beverages) as a constitutional amendment. Prohibition was partly successful in achieving its immediate objective, for it did decrease the alcohol consumption of the "lower" classes and reduce the incidence of alcohol-related diseases and deaths; it moreover "eradicated the saloon." On the other hand, it provided criminal gangs with opportunities to make huge profits through the smuggling and/or the illicit manufacture of alcoholic drinks; thus Prohibition greatly promoted the growth of organized crime. In addition, it tended to corrupt otherwise respectable people who were tempted to purchase the illegal beverages. It became clear that Prohibition was a serious mistake, and it was repealed through another constitutional amendment in 1933.15 • The so-called "Green Revolution" of the latter part of the 20th century-the introduction of new farming technologies and of recently developed, highly productive varieties of grain-was supposed to allevi­ ate hunger in the Third World by providing more abundant harvests. It did indeed provide more abundant harvests. But: "[A]lthough the 'Green Revolution' seems to have been a success as far as the national total cereal production figures are concerned, a look at it from the perspective of communities and individual humans indicates that the problems have far outweighed the successes... ."16 In some parts of the world the conse­ quences of the Green Revolution have been nothing short of catastrophic. For example, in the Punjab (a region lying partly in India and partly in Pakistan), the Green Revolution has ruined "thousands of hectares of [for­ merly] productive land," and has led to severe lowering of the water table, contamination of the water with pesticides and fertilizers, numerous cases of cancer (probably due to the contaminated water), and many suicides. "'The green revolution has brought us only downfall,' says Jarnail Singh... . 'It ruined our soil, our environment, our water table. Used to be we had fairs in villages where people would come together and have fun. Now we gather in medical centers.' "17 From other parts of the world as well come reports of negative con­ sequences, of varying degrees of severity, that have followed the Green Revolution.These consequences include economic, behavioral, and medical effects in addition to environmental damage (e.g., desertification).18 • In 1953, U.S. President Eisenhower announced an "Atoms for Peace" program according to which the nations of the world were sup­ posed to pool nuclear information and materials under the auspices of an international agency. In 1957 the International Atomic Energy Agency

12 ANTI-TECH REVOLUTION was established to promote the peaceful uses of atomic energy, and in 1968 the United Nations General Assembly approved a "non-proliferation" treaty under which signatories agreed not to develop nuclear weapons and in return were given nuclear technology that they were supposed to use only for peaceful purposes.19The people involved in this effort should have known enough history to realize that nations generally abide by treaties only as long as they consider it in their own (usually short-term) interest to do so, which commonly is not very long. But apparently the assumption was that the nations receiving nuclear technology would be so grateful, and so happy cooperating in its peaceful application, that they would forever put aside the aspirations for power and the bitter rivalries that throughout history had led to the development of increasingly destructive weapons. This idea seems to have originated with scientists like Robert Oppenheimer and Niels Bohr who had helped to create the first atomic bomb.20 That physicists would come up with something so nai:ve was only to be expected, since specialists in the physical sciences almost always are grossly obtuse about human affairs. It seems surprising, however, that experienced politicians would act upon such an idea. But then, politicians often do things for propaganda purposes and not because they really believe in them. The "Atoms for Peace" idea worked fine-for a while. Some 140 nations signed the non-proliferation treaty in 1968 (others later),21 and nuclear technology was spread around the world. Iran, in the early 1970s, was one of the countries that received nuclear technology from the U.S.22 And the nations receiving such technology didn't t r y t o use i t t o develop nuclear weapons. Not immediately, anyway. Of course, we know what has happened since then. "[H]ard-nosed politicians and diplomats [e.g., Henry Kissinger]...argue that proliferation of nuclear weapons is fast approaching a 'tipping point' beyond which it will be impossible to check their spread." These "veterans of America's cold-war security establishment with impec­ cable credentials as believers in nuclear deterrence" now claim that such weapons "ha[ve] become a source of intolerable risk."23 And there is the inconvenient fact that the problem of safe disposal of radioactive waste from the peaceful uses of nuclear energy still has not been solved.24 The "Atoms for Peace"fiasco suggests that humans' capacity to con­ trol the development of their societies not only has failed to progress, but has actually retrogressed. Neither Solon nor Bismarck would have supported anything as stupid as "Atoms for Peace."

CHAPTER ONE: PART II 13 II. There are good reasons why humans' capacity to control the development of their societies has failed to progress. In order to control the development of a society you would have to be able to predict how the society would react to any given action you might take, and such predic­ tions have generally proven to be highly unreliable. Human societies are complex systems-technologically advanced societies are most decidedly complex-and prediction of the behavior of complex systems presents dif­ ficulties that are not contingent on the present state of our knowledge or our level of technological development. [U]nintended consequences [are] a well-known problem with the design and use of technology... . The cause of many [unintended con­ sequences] seems clear: The systems involved are complex, involving interaction among and feedback between many parts. Any changes to such a system will cascade in ways that are difficult to predict; this is especially true when human actions are involved.25 Problems in economics can give us some idea of how impossibly difficult it would be to predict or control the behavior of a system as com­ plex as that of a modern human society. It is convincingly argued that a modern economy can never be rationally planned to maximize efficiency, because the task of carrying out such planning would be too overwhelmingly complex.26 Calculation of a rational system of prices for the U.S. economy alone would require manipulation of a conservatively estimated 6xl013 (sixty trillion!) simultaneous equations.27 That takes into account only the economic factors involved in establishing prices and leaves out the innu­ merable psychological, sociological, political, etc., factors that continuously interact with the economy. Even if we make the wildly improbable assumption that the behav­ ior of our society could be predicted through the manipulation of, say, a million trillion simultaneous equations and that sufficient computing power to conduct such manipulation were available, collection of the data necessary for insertion of the appropriate numbers into the equations would be impracticable,28 especially since the data would have to meet impossibly high standards of precision if the predictions were expected to remain valid over any considerable interval of time. Edward Lorenz, a meteo­ rologist, was the first to call widespread attention to the fact that even the most minute inaccuracy in the data provided can totally invalidate a

14 ANTI-TECH REVOLUTION prediction about the behavior of a complex system. This fact came t o be called the "butterfly effect"because in 1972, at a meeting of the American Association for the Advancement of Science, Lorenz gave a talk that he titled "Predictability: Does the Flap of a Butterfly's Wings in Brazil Set Off a Tornado in Texas?"29 Lorenz's work is said to have been the inspiration for the development of what is called "chaos theory"30-the butterfly effect being an example of "chaotic" behavior. Chaotic behavior is not limited to complex systems; in fact, some surprisingly simple systems can behave chaotically.31 The Encyclopaedia Britannica illustrates this with a purely mathematical example. Let A and x0 be any two given numbers with 0<A<4 and 0<x0 <1, and let a sequence of numbers be generated according to the formula Xn+l =Axn(l - xJ For certain values of A, e.g., A=3.7, the sequence behaves chaotically: In order to bring about a linear increase in the number of terms of the sequence that one can predict to a reasonable approximation, one needs to achieve an exponential improvement in the accuracy of one's estimate of Xo· In other words, in order to predict the nth term of the sequence, one needs to know the value of x0 with an error not exceeding 10-kn, k a constant.32 This is characteristic of chaotic systems generally: Any small extension of the range of prediction requires an exponential improvement in the accuracy of the data. [A]ll chaotic systems share the property that every extra place of decimals in one's knowledge of the starting point only pushes the horizon [of predictability] a small distance away. In practical terms, the horizon of predictability is an impassable barrier. ... [O]nce it becomes clear how many systems are sufficiently nonlinear to be considered for chaos, it has to be recognized that prediction may be limited to short stretches set by the horizon of predictability. Full comprehension... must frequently remain a tentative process... with frequent recourse to observation and experiment in the event that prediction and reality have diverged too far.33 It should be noted that the Heisenberg Uncertainty Principle sets an absolute limit to the precision of data used for the prediction of physical phenomena. This principle, which implies that certain events involving subatomic particles are unpredictable, is inferred mathematically from other known laws of physics; hence, successful prediction at the subatomic level would entail violations of the laws of physics. If a prediction about the

CHAPTER ONE: PART II 15 behavior of a macroscopic system requires data so precise that their accuracy can be disturbed by events at the subatomic level, then no reliable prediction is possible. Hence, for a chaotic physical system, there is a point beyond which the horizon of predictability can never be extended. Of course, the behavior of a human society is not in every respect chaotic; there are empirically observable historical trends that can last for centuries or millennia. But it is wildly improbable that a modern techno­ logical society could be free of all chaotic subsystems whose behavior is capable of affecting the society as a whole, so it is safe to assume that the development of a modern society is necessarily chaotic in at least some respects and therefore unpredictable. This doesn't mean that no predictions at all are possible. In reference to weather forecasting the Britannica writes: It is highly probable that atmospheric movements... are in a state of chaos. If so, there can be little hope of extending indefinitely the range of weather forecasting except in the most general terms. There are clearly certain features of climate, such as annual cycles of tem­ perature and rainfall, which are exempt from the ravages of chaos. Other large-scale processes may still allow long-range prediction, but the more detail one asks for in a forecast, the sooner it will lose its validity.34 Much the same can be said of the behavior of human society (though human society is far more complex even than the weather). In some con­ texts, reasonably reliable and specific short-term predictions can be made, as we noted above in reference to the relationship between interest rates, inflation, and unemployment. Long-term predictions of an imprecise and nonspecific character are often possible; we've already mentioned Bolivar's correct prediction of the failure of stable and "enlightened " government in Spanish America. (Here it is well to note that predictions that something will not work can generally be made with greater confidence than predic­ tions that something willwork.35) But reliable long-term predictions that are at all specific can seldom be made. There are exceptions. Moore's Law makes a specific prediction about the rate of growth of computing power, and as of 2012 the law has held true for some fifty years.36 But Moore's Law is not an inference derived from an understanding of society, it is simply a description of an empirically

16 ANTI-TECH REVOLUTION observed trend, and no one knows how long the trend will continue. The law may have predictable consequences for many areas of technology, but no one knows in any specific way how all this technology will interact with society as a whole. Though Moore's Law and other empirically observed trends may play a useful role in attempts to foresee the future, it remains true that any effort to understand the development of our society must (to borrow the Britannica's phrases) "remain a tentative process... with frequent recourse to observation and experiment... ." But just in case someone declines to assume that our society includes any important chaotic components, let's suppose for the sake of argument that the development of society could in principle be predicted through the solution of some stupendous system of simultaneous equations and that the necessary numerical data at the required level of precision could actually be collected. No one will claim that the computing power required to solve such a system of equations is currently available. But let's assume that the unimaginably vast computing power predicted by Ray Kurzweil37 will become a reality for some future society, and let's suppose that such a quantity of computing power would be capable of handling the enormous complexity ofthe present society and predicting its development over some substantial interval of time. It does not follow that a future society of that kind would have sufficient computing power to predict its own develop­ ment, for such a society necessarily would be incomparably more complex than the present one: The complexity of a society will grow right along with its computing power, because the society's computational devices are part of the society.

Thoughts? :)

'''

Bitcoin, trade wars, nuclear war, off-grid living and Ted Kaczynski

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