Skip to main content

Posts

Bitcoin Quantity Versus Issuance

For most people the concept and mechanics of Bitcoin are unusually difficult to grasp. I believe this is because its inventor is high on the spectrum and it's simple for him in his own way.  To make a part of it simpler visually I've created this table to show at least the quantities involved and the timing of its issuance. I have not shown that this places a limit on the velocity of transactions, which in the end are unbounded. You can read more about that on the link which encouraged me below. The reason the mining subsidy finishes and the possibility to issue ends is a mathematical decision made by the designer at inception. When it hits epoch 33, the 'integer right shift' halving calculation - the maths used to limit the reward for creating blocks over time, reaches zero. And a single Satoshi cannot be further subdivided. So no more subsidy per block can be given, thus no more Bitcoin are issued.  So it is over. To the extent the tech and maths of this implementatio...

Bitcoin and why changing its rules has destroyed it

This is worth a read if you have nothing to do one day. As an understanding of the mechanics of Bitcoin. How a Fixed Number of Satoshis Settles an Arbitrary Number of Payments It shows very well how the original protocol has been ruined into what it is today - large 'digital gold' transactions rather than cheap secure ecash for the whole of the world. His expositions like this are why he has been harassed by all comers, particularly in finance and crime - he's exposing how tribal power demands obedience above all else, in a technical way. It's why everyone hates him - his invention stands to turn the world of finance and crime from a tribally protectionist narrative into something far better. And woe betide anyone who tries to do that. The tribes members will close ranks against him, automatically, without needing to be asked. This is seen with great clarity from the most foolish scammer minnows all the way up to the high court. This is why generally, a worl...

If Society Defined Jews as Fetuses Could They All Be Aborted?

Allow me to make myself abundantly clear. I do not want a genocide of the Jews. Please read this back to yourself before going any further and make sure you understand what I mean for goodness sake. And at the same time I don't want a genocide of unborn children either. Are you getting the picture yet? My intent here is to ask, why do we allow genocide at ultra high scale. But object furiously at very ly low scale? I'm not saying that either Israel or abortion is right or wrong.I am trying to get a conversation going about a society which is incoherent on serious matters by focusing a lot on downstream things and hardly at all on upstream things. Following is an example of how society encourages us all to treat downstream matters as important. And upstream matters as unimportant. The reason we do this with society is tribal - it is part of how we control ourselves at scale - through our obedience. Morals are important to us. But clearly not that important. Our obedience is our ...

Mind Control is a Myth - How You Wilfully Allow the State to Control You

I'm going to show you that there is no power in this universe which can change your mind against your will. And that it's impossible to manipulate, coerce, trick, or force you in any other way, to change your mind.  I'll show how this is exactly how the state controls you, at scale. And you fully permitted it. So to do it and then complain about the power of the state is the action of a spoiled child, right? On every single occasion where you had a choice, that choice was made 100% by you. A choice is a binary event - 1) do I do it, or 0) do I not do it. There's no in between where you haggle with the fairies about it. This means that there is also no teaching, good advice, religion or guru who can help you change your mind either. You, are always the final arbiter when it comes to your choices. Also, time cannot help you. You make every choice in an instant. If you allow time to think about your choice thats evidence you have submitted to a Master who choos...

Society Itself is Behind All of the Excess Death Toll at Scale

And the death toll is increasing over time into the hundreds of millions globally and annually. Yet we hear lots of shrieking about teeny weeny genocides curiously. People doing this shrieking must be deliberately hiding something much more shameful. I'm proposing it is society itself which is behind all the great social problems, particularly those behind the excess death toll at scale.  You need look no further than here: Government and Tax Death Toll And more horrifically, here: The Purpose of War is to Kill Your Own People Allow me to make myself abundantly clear: I'm not saying that society - killing hundreds of million of its own people, every year, no matter which nation it is, no matter if that is a democracy or tyranny - is a good or a bad thing, per se.  I am saying it is absolutely happening and almost all people are refusing to accept its happening. A collective psychopathy. Because this huge death toll is indirectly caused rather than directly, the people deem it ...