meaning of ++ submitted by
When claims of rights disagree A right is a moral construct, a sort of axiom upon which a sense of justice developed, such as Ken Schoolland has done in the previous post
. There are bound to be dissenters from his idea of justice, so who is right about rights? On the R, we believe the individual is sovereign, while the state, if it is privileged to exist at all, is duty bound to provide security for the people (not itself). On the L, they believe the State is sovereign, and the individual, if he is privileged to exist at all, is duty bound to serve the State (the persons who are operatives of the State). Obviously, R and L cannot coexist in harmony.
The only JUST way to resolve moral disputes is SEGREGATION. Split the people who disagree into "camps" or "campuses" of agreement so that "birds of a feather can flock together". As campuses evolve over time, some may grow and visa versa, as long as citizens have the privilege to migrate out. I call this a privilege because the destination a migrant may choose has the right to deny entry. A migrant must have the default privilege of going wherever he/she is accepted. Anything less is involuntary confinement (prison). How is the split achieved? Issue a constitution that defines the qualities of a citizen, and forcibly eject everyone who fails the definition. This is an act of (group) self-defense, so force is justified.
Just a speculation, but if Reech and Leech were separated into their own segregated societies as just suggested, the Reech would prosper but the Leech would quickly run out of Reech people to plunder, as the Reech would have naturally migrated to where they are appreciated and allowed to keep their property. Since Leeches suck, they would starve.
We were talking about money, and about 3 basic types: Aristotle's classic commodity money, modern token money, and fiat currency. The first 2 real, the 3rd a fraud that exists because of laws and threats.
Store of Value ++ Recalling Aristotle's attribute of money, Portability, let's introduce the concept of value density to measure it, and compare, shall we? Let's compare two commodities, gold and water. Depending on circumstances, water can be far more intrinsically valuable than gold, but it is much less value dense. Our planet has oceans of it. Increased supply means diminished price. Gold is $788.86 / cm3.
Water is extremely variable in price, but let's take bottled drinking water, (most likely at the top end of the price range) for example. At Sam's Club you can get 40 bottles at 16.9 oz per bottle for $3.98
, and water has mass density 1 gm/cm3,
which converts to $0.000207678 / cm3.
Gold is 3,798,491 times more value dense than Sam's Club bottled water
Recalling Aristotle's attribute of Durability, water is very durable, but easily spoiled with impurities (a sort of corrosion). This idea of spoiling brings us to the concept of isolation, or containment. Traditionally, money is stored with at least two tools: a vault and accounting. Both need to have high integrity to safely store money. Classic money did not rely on accounting. Gold is its own accountant, its amount fixed, and whoever has it, owns it. Self-accountability is an intrinsic feature of precious commodity. However, external accounts CAN be made of gold. The accounts can represent
the gold, so the accounts themselves can be used as money. These accounts are social constructs which rely on trust. Next, let us move on to modern money storage.
Modern money is token, or representational, like poker chips. Since this is a social construct which relies on the trustworthiness of the ability to redeem tokens for something real, we are now in the realm of casino managements, and governments with their freakin' laws and special interests. Gov'ts are already pushing to end printed money, and force everyone to use digital fiat currency units within the existing financial services sector (privileged accountant banksta middlemen).
Accounting practice keeps track of de jure ownership. Once you have that, de facto ownership loses nearly all its importance, because the tokens are not intrinsically valuable, and redemptions are made only if the de jure relationship can be established. This is where crypto-currencies, with their intrinsic (built-in) fraud-proof accountability/ provenance
really start to shine.
Cryptos are a classic form of money. WTF? you are thinking. Bitcoin (BTC), for example (the pioneer) is not "backed" by anything. That's assuming it's a token money. Au contraire
, it's a classic type, with intrinsic value, which is its accountability. BTC provenance is recorded on a distributed ledger, called the blockchain. Now, this intrinsic value is not like the value of a precious metal. Bitcoin is privacy-secure, fraud proof, and in total control of its owner, needing no intermediate party (bank or credit card) to confirm and transfer funds. Bitcoin is self contained (on the blockchain and in your wallet) just as a gold coin is self contained. But to carry several tons of gold, you need a heavy truck. The equivalent value in Bitcoin, indeed ANY amount of Bitcoin, can be stored on a memory chip smaller than a dime. To ship a ton of gold around the world, you need a series of reliable carriers, guards, and security agents. To send any amount of Bitcoin around the world, you just do it on the Internet, takes a few seconds, perfectly secure, receipt confirmed in seconds or less; cost nearly zero. People are already familiar with credit cards and smart phone apps that make payments quick and easy. BTC is currently a little more of a technical challenge, but with all these new features, no wonder it is so popular!
Cryptos are new. Bitcoin's
specification was published 2009
. Already, newer cryptos are being created with features similar to BTC. Now I'm going to offer you, dear reader, some ideas about future money that follow logically from BTC's example.
Here we do a fast forward. Imagine the Globalist/ secret-society project for world domination is crushed. Nation states have won their independence from the Globalist unions. Continuing the trend, states have been split by a plethora of secession movements into a multitude of small territories, somewhat as it was in middle age Europe. Fiat currencies are defunct. Big banks have been broken into small banks, and most of those have gone out of business. Manipulation of commodities markets has been squelched. Inflation is no longer an official goal set by the bankstas. (Inflation is a clandestine tax which erodes value of money by increasing the supply.) A stable store of value is now the goal. The Internet has taken over many past industries and the people have come to power.
Money is not issued by government, nor by international banking cartel, but there is now a large diverse competitive market of money types offered by various businesses. They are all digital crypto-currencies. They have taken on a similarity to credit cards/ smart phone/ smart watch apps. However, they have various features that serve the interests of their owners. A new feature many of these currencies have, is they pay a yield
for holding them. Gold does not do that, it just sits, corrosion-free. Digital money has morphed into income-producing securities.
If cryptos can be used as tokens as well as a reliable means of accounting that cuts out the middleman bankstas, whooee
, money opens up a new world of opportunity for entrepreneurs to help people develop income opportunities. Bless the Internet, as the Internet blesses us! 19 Industries The Blockchain Will Disrupt 10 min.
Liberty and Equality are not compatible As you can read in The Protocols of Zion
(Basic Doctrine) the secret societies employ their mind control slogan "Liberty, Equality, Fraternity!" to sell the gullible masses on their class warfare agenda. Trouble is, if citizen's innate talents and efforts are able to put into storage the products of their life and liberty (Property), there are bound to be huge differences between citizens. The Zionists want to grab the stored wealth by gov't force. That is why they want a Tyranny of Democracy
. They do mind control on the masses, which then mimic the tyranny wanted by the controllers.
Equality "It's not dispossession - it's an expansion of equality!" ABCNews/ Uncomfortable interview w/ Jared Taylor 14 min.
The conventional ideas of equality were non-existence of privileged classes (no nobility, as intended in Declaration of Independence), no special laws, justice is blind
, and equality of opportunity.
But nowadays, we have two more kinds of "equality," elite persons who are above the law, (like Jon Corzine
(note portrait of Paul Warbrug behind him), the Clintons
, and Bill Cosby
) and equality of achievement (social justice
) because some minority groups were mistreated in the past by our ancestors, so now we have to give them special privileges and affirmative actions
. In other words, rob from the "haves" and spread the wealth to the "have nots." This government intervention displaces results from actions, ie. promotes irresponsibility; and punishes achievement, which is a bad idea regarding personnel management. This robbing of the Reech is a Leech axiom. Intro to Bitcoin Vinny Lingham 12 min.
What the #?!* is Bitcoin? Jeremy Rubin 16 min.
Lauren Southern speaks about Crypto-Currency 9 min.
rising food prices, cooler weather, and Cryptocoins 2. min.
ETHEREUM JUST EXPLODED TO $350 SGT rept. 8 min.
Ethereum will pass bitcoins for #1 cryptocurrency 6 min.
Is China Gaming Bitcoin? | China Uncensored 9 min.
ALL Crypto Currencies HUGE DROP After Bitcoin Exchange Cyberattack 06/15/2017 10 min.
Understanding the Boom in Cryptos (now in the speculation phase); Chas. H. Smith
China Becomes First Country in the World to Test a National Cryptocurrency (Future Society)
cryptocurrency news headlines
Ever wonder how Bitcoin (and other cryptocurrencies) actually work? 26min.
Cryptocurrency innovations 12 min.
EDIT: submitted by
Everyone, I totally f'd up on GPU's that I would have by end of June. I just wrote a quick VBS script
that shows I'll only have 22 (15+7) by end of June. Not too shabby, but definitely not 48. Just wanted to post an update. Feel free to use the script!
So I've posted here a few times in the past. Now I'll detail what I'm doing a little further and try to help others.
Right now I'm working with 5x 7950's, 3x 7850's, a 6750, and 3x GTX 580's (my gaming rig). My hash rate is about 4,500 MH/s. I started this project using the DRIP (http://en.wikipedia.org/wiki/Dividend_reinvestment_plan
) principles in mind. I call this MRIP (Mining Reinvestment Plan). The plan is to reinvest all bitcoins mined into more mining hardware. Today I just purchased two more 7950's that are due to arrive tomorrow. Note that these two cards were purchased with bitcoins that were mined. This should bring my hash rate up to about 5660 MH/s, which will let me purchase another card next monday. The plan is every time I have enough to buy another card, I withdraw the bitcoins and convert it into cash. At this rate I'm hoping to have about 48 additional 7950 cards by the end of June or about 33,000 MH/s (33GH/s).
To those I haven't gotten back with about hardware that I'm ordering, I do apologize. I'm using ported
7950's. I STRESS ported cards (ported on top, other on bottom
) because they throw the heat out of the chassis. When clustering 12 cases together (4x12=48 cards) it's not ideal to "just leave the side off and hope it's cool it enough". These cases will be slammed up against each other. Going to back to hardware, I still haven't decided on a locked feature set - meaning I don't know what I'm going to buy (mobo, ram, cpu, psu, etc). Ideally I want to keep the core system down to about $70/PCI-e slot, but I have to factor in space (hashing density too).
I say this because hardware pricing is always changing, but I want to lock the specs down eventually because it'll be easy to administer. Having 12 like systems will be easier to deploy than 12 totally different systems (all I have to do is image them). Being a net/sys admin I'll probably administer them with a PXE boot image (which I plan on making that publicly available along with the system specs). Anyways I apologize about that.
I run an IT consulting company on the side and thus I have A CRAP LOAD of old machines with a working PCI-e slot (or two or three). I'll be using these up and then will start building out a system.
Going back to mining, I'm not sure what ASIC's have in store for us. The difficulty could rise so much that by end of June I only have 4 more GPUs instead of 48. My hope is that the difficulty will not go up that high as ASIC's are still very hard to come by and really don't make a good investment case right now (or then). Looking at the difficulty graphs, TH/s seem to be leveling off in the near future - but only time will tell! Let me know if this helps! FYI I have put $0 into this so far, as I've been using old hand-me-down GPU's... Edit: You all are more than welcome to check out my mining stats!
UltraSPARC_1 = 4x 7950's UltraSPARC_2 = 1x 7950 UltraSPARC_3 = 6750 UltraSPARC_4/5/7 = 7850 UltraSPARC_6 = 3x GTX 580 UltraSPARC_8 = 2x 7950 EDIT 2:
A lot of you have mentioned why not buy an ASIC or aren't you afraid the difficulty will skyrocket?! I just don't see that happening soon, and this post makes my case quite nicely.
They're even assuming that Butterfly Labs will start shipping in quantity lol Edit 3:
UltraSPARC_8 is online! Two more 7950's, woohoo! I'll post some pictures soon. Pictures! YAY!
For reference please see HERE My personal accomplishments as of late - Exchange 2010 /w AD deployed recently!
Updates on cards - Because today we saw another pop - I'm planning on buy two (not one) cards by next tuesday. I have about 5 more deprecated systems to use up - thus saving me money - before I plan on locking in a system. Keep ya posted! Thanks for stopping by! Please note
UltraSPARC_6 will be going off line once I get four
more cards... This is my gaming rig, and seeing that nVidia "ain't shit" with mining, there's no point in burning up $500 cards... Edit 4:
Just got another 7950 in! Bringing my total hash rate up to a 7,800 MH/s peak! It should settle down though to the high 6,000 range... Ok, now my mining pool is messing with me. How is this even real?! I mean I'll take the PPS, not complaining or anything!
The semi-official definition of cryptocurrency is “a peer-to-peer, decentralized, digital currency whose implementation relies on the principles of cryptography to validate the transactions and generation of the currency itself.” (While that is a dense slab of prose, to be fair to the cryptoids, it wouldn’t be easy to define the dollar It can take several hours according to the density. 8. Can I use more than one account? gekkoscience 2pac bitcoin core mining usd mining antminer s17 price sha256 bitcoin buy antminer litecoin mining rig easy bitcoin mining raspberry pi mining 2020 bitcoin miner fee free cryptocurrency mining free ethereum mining sites m3 miner Bitcoin is a digital currency and electronic payment system operating over a peer-to-peer network on the Internet. One of its most important properties is the high level of anonymity it provides for its users. density of computer center and location of mining pools. the used algorithms are relatively easy to implement and can be Carbon footprint. Bitcoin’s biggest problem is perhaps not even its massive energy consumption, but the fact most mining facilties in Bitcoin’s network are located in regions (primarily in China) that rely heavily on coal-based power (either directly or for the purpose of load balancing). The country has a high density of businesses in rural areas as well, with Žatec home to over 50 BTC-accepting businesses. Buenos Aires in Argentina boasted the second most Bitcoin businesses in
Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger called the blockchain, which is accessible for everyone to see. What is density? in this video we explain in simple terms what density is, why it is important, how to calculate density in both imperial and metric units as well as worked examples to help you... There is often confusion between the terms density and dimension so I wanted to make a video attempting to clear this up, as they come up often and are usually used interchangeably. #Density # ... This video describes the definition of density and reviews a couple simple examples of finding density. ScienceMadeEasy uploaded a video 4 years ago 1:50. How a Lemon Battery works. ... This video describes the definition of density and reviews a couple simple examples of finding density.