Theme: Institution

  • Technology: Opinions on BTC, Digital Shares, Digital Title

    Initial generations of any technology follow a nearly identical pattern of over-enthusiasm and over-investment by hobbyists reaching the same limitations and failing to circumvent them. The subsequent generations of technology put greater investment in the hard work of solving the limitations, and paying the high cost of reorganizing the entire model if necessary. This is why first movers do not generally make the money that later movers do. I’ve said for years now that : (a) the idea of title registry and fractional shares as a medium of exchange, itself is brilliant, but; (b) proof of work requiring waste heat is a pretty bad design, (c) transaction processing time under proof of work is a bad design. (d) lack of posting (rolling up fragments into a single new share and retiring the old) is a bad design. (e) lack of federation and sharding is a bad design. (look we invented a division of journals and ledgers for a reason.) (f) btc are shares in a vulnerable network and as such a token money substitute persistently retaining that vulnerability, (g) ***I predicted that centralized, monolithic versions of the idea using mainstream technology and maintained by the treasury and banking organizations will succeed where distributed systems will not, for the simple reason that the user interface for, security of, response time for, archival ability for, and insurability by an insurer of last resort capable of restitution of losses, will have all the utility advantages without any of the weaknesses.*** (h) hence the distributed nature of the technology which makes research and development by individuals and teams possible, and provides a cheap means of financial speculation on these technologies, is not as valuable as the fractional share and record of title, and all we are doing is free research and development for the state, and the private banking network, check cashing networks, etc. I am extremely thrilled by the ICO model and self issuance of fractional shares because it totally screws big finance. I’m extremely thrilled by the ability to create a portfolio of digital monies that can only be used for certain exchanges – this will solve the primary problem remaining with that thing we call ‘money’. I am thrilled that we might create something on the order of a gold backed fractional share reserver to remove fiat money from circulation as a defense against inflation, and restoration of the possibility of comparatively lossless saving. However, I have zero faith whatsoever in the durability of any form of encryption, or any distributed software, until there is a firmware revolution – which is a long way off. Two part keys have been with us since we cut tics in sticks of wood – literally since we evolved speech. I haven’t been wrong so far. It is very unlikely that I err.

  • PRINCIPLES OF BREHON LAW (Irish Common Law) by Bill Joslin Updated Brehon model:

    PRINCIPLES OF BREHON LAW (Irish Common Law)

    by Bill Joslin

    Updated Brehon model:

    1) Demonstrated Results. Gauged by the degree at which ones life results from their own will and amount of property maintained.

    Principle: one’s will (decisions) extends beyond just their domestic and professional life. In other words they direct the actions of many others who rely on the principle for a livelihood (a general, a business owner which maintains a stable of employees, a foundation head which governs the organization) – a judge of last resort within their domain (their business etc)

    Qualifies you to be a judge on severe matters, be chosen for commons management, be chosen for international trade negotiations, be chosen as supreme judge of last resort.

    2) Autonomous agent: employed by another but commands many below. His will extends beyond just his own activities. For example a lower officer, a VP/Director/manager, in a company who has last say (judge of last resort) within his management purview. An officer in militia etc.

    Qualifies you to be a judge, to be part of the selection committees for supreme judge, trade team, commons management team)(vote)

    3) Autonomous Independent – one who does not rely on another for livelihood, but does not command others as well. Self employed, contractors , self reliant businesses like agriculture etc. They answer to no one but command no one.

    Qualifies you to be a judge on minor issues, argue in court, enforce the law. Select commons management team, trade team etc. (Vote)

    4) Independent agent: you work for others, they command your activities, you hold and maintain property, hold no debt, are able to sustain yourself and your family without aid or loans from others.

    Qualifies you to: enforce the law, bring charges before the court, argu cases on minor issues. Have kids.

    5) Agent: you are able to pay your bills, hold a job but don’t own a home (you rent) you take care of yourself (are not a burden) but have reduced “skin in the game).

    Qualifies you to argue your case before the courts, petition to bring charges before the courts, basic protections from society in exchange for taxes and community service. Can marry and have kids but if they cannot maintain productive contribution (need assistance) they lose their kids.

    6) Dependent: a ward of the state or to those who care for you, proven not able to care or sustain themselves without aid.

    Qualifies you to not be mistreated, can petition to bring charges before the court. Must exchange time and labour in caring for the commons to pay for the social assistance given. Are not considered “self-owned” but rather owned by the state or partially owned by the state or a principle under which care the dependent resides. Not allowed to marry or have kids. Must serve in commons maintenance.

    7) Blight: have demonstrated they are not able to function within society without causing damages – professional criminals, repeat offenders.

    Qualifies you to: no protections by law, to be killed on sight, to be robbed, assualted etc by any member of society without facing consequence. Outside of the law – no protections of law.

    8) Everyone serves in the militia and law enforcement. Everyone must contribute back to the commons in either community service or taxes or both

    (nobody says yes or no to your standing or grants you your rights. You claim your rights by demonstrating independence and extension of agency. This removes gatekeeping but at the same time restricts access to power) prove it and it is yours.


    Source date (UTC): 2018-05-09 11:17:00 UTC

  • “Aren’t Central banks failing?”—Jacob Liam Youngman No evidence of it. Just th

    —“Aren’t Central banks failing?”—Jacob Liam Youngman

    No evidence of it. Just the opposite, that central banking has made it possible to drag backward nations out of poverty by the billions.

    You can say that keynesian monetary policy in an attempt to limit unemployment has been a failure if for no other reason than it inflates away all the increases in productivity.

    You can say that keynesian economic theory and monetary policy does in fact iteratively deepen and extend corrections, such that at some point without extraordinary measures risk impossibility of correct comfortably.

    You can say that keynesian monetary policy and fiscal policy suppresses reproduction and creates demand for immigration that creates civil wars.

    But these are problems of keynesian (saltwater) monetary policy not chicago monetary policy, and not central banking.

    It is almost impossible to argue against the utility of central banking ( using shares in the economy as currency). You just can’t (with any degree of intellectual honesty).


    Source date (UTC): 2018-05-09 09:35:00 UTC

  • If you ever ran a company of any scale at all the last thing you would want is v

    If you ever ran a company of any scale at all the last thing you would want is voters controlling the decisions.

    There is a reason CEO’s exist.

    And there is a reason Kings existed.

    It’s one thing to collectively fire a ceo or execute a king.

    It’s quite another to suggest any form of democracy is a good thing.


    Source date (UTC): 2018-05-08 18:34:00 UTC

  • Selling Degrees vs Indulgences

    —“Academia is the modern priesthood.”— Bill Anderson  It should be. The academy evolved out of the church instead out of the greek and roman upper middle class and aristocracy. And who filled the void of the church when the church failed to adapt to modernity? The church-in-waiting. However, the church and it’s selling of Indulgences had NOTHING on the academy selling degrees that are meaningless. I mean, the academy is the greatest scam since monotheistic religion.

  • Selling Degrees vs Indulgences

    —“Academia is the modern priesthood.”— Bill Anderson  It should be. The academy evolved out of the church instead out of the greek and roman upper middle class and aristocracy. And who filled the void of the church when the church failed to adapt to modernity? The church-in-waiting. However, the church and it’s selling of Indulgences had NOTHING on the academy selling degrees that are meaningless. I mean, the academy is the greatest scam since monotheistic religion.

  • SELLING DEGREES VS INDULGENCES —“Academia is the modern priesthood.”— Bill A

    SELLING DEGREES VS INDULGENCES

    —“Academia is the modern priesthood.”— Bill Anderson

    It should be. The academy evolved out of the church instead out of the greek and roman upper middle class and aristocracy.

    And who filled the void of the church when the church failed to adapt to modernity? The church-in-waiting.

    However, the church and it’s selling of Indulgences had NOTHING on the academy selling degrees that are meaningless.

    I mean, the academy is the greatest scam since monotheistic religion.


    Source date (UTC): 2018-05-08 10:27:00 UTC

  • ARE WRONG. WAR IS THE BEST INDUSTRY AFTER RULE. WAR, RULE, FINANCE … Everythin

    https://news.stanford.edu/2018/05/03/war-drove-18th-century-industrial-revolution-great-britain/LIBERTARIANS ARE WRONG. WAR IS THE BEST INDUSTRY AFTER RULE.

    WAR, RULE, FINANCE … Everything else is just noise.


    Source date (UTC): 2018-05-07 19:55:00 UTC

  • A Priest Is the Enemy of Civilization

      I prefer we return to a prohibition on priests, and a requirement that citizens, especially leading citizens, lead the rituals. As far as I know this is the optimum social model and priests are a threat to civilization. I prefer the rotation of ceremony among the population, regardless of age and gender. I prefer the protestant method with a male judge (moderator) and the community ‘speaking their minds’. This produces the optimum debate. The problem with female judges (moderators) is that women (really) cannot divorce themselves sufficiently (produce agency) and this is why men and women eventually prefer working for men whenever there is any differences in the group. I find it almost impossible just to listen to a female judge in court for the same reason I can’t tolerate a female speaker on theoretical instead of empirical (where women excel) content. This is because I am extremely sensitive to logical errors, and ‘cheats’ and women simply cannot reach male levels of speaking the uncomfortable truth regardless of its impact on the dominance hierarchy. And it is this willingness to speak the truth regardless of its impact on the hierarchy, and the risk to one’s self for having said it, that is the origin of the uniqueness of the west. Priests are as evil as pseudoscientists, bureaucracy and democracy. Never again.

  • A Priest Is the Enemy of Civilization

      I prefer we return to a prohibition on priests, and a requirement that citizens, especially leading citizens, lead the rituals. As far as I know this is the optimum social model and priests are a threat to civilization. I prefer the rotation of ceremony among the population, regardless of age and gender. I prefer the protestant method with a male judge (moderator) and the community ‘speaking their minds’. This produces the optimum debate. The problem with female judges (moderators) is that women (really) cannot divorce themselves sufficiently (produce agency) and this is why men and women eventually prefer working for men whenever there is any differences in the group. I find it almost impossible just to listen to a female judge in court for the same reason I can’t tolerate a female speaker on theoretical instead of empirical (where women excel) content. This is because I am extremely sensitive to logical errors, and ‘cheats’ and women simply cannot reach male levels of speaking the uncomfortable truth regardless of its impact on the dominance hierarchy. And it is this willingness to speak the truth regardless of its impact on the hierarchy, and the risk to one’s self for having said it, that is the origin of the uniqueness of the west. Priests are as evil as pseudoscientists, bureaucracy and democracy. Never again.