Bitcoin does not replace banks.
It’s not about replacing banks because banks offer something that bitcoin doesn’t. Bitcoin is a cash system. It is traceable and it works within the law and if you don’t like that, then you don’t like any Blockchain. It is no more decentralised than fucking Facebook. Nor can it be. The nature of decentralisation in bitcoin isn’t about democratisation of finance, that is a Ponzi, it is about the distribution of systems to make a robust secure framework for the exchange of value.
It is about all those people who are earning less than ten dollars a day and sometimes less than two dollars a day who have no capability right now of earning anything and saving. Bitcoin is about all of those people who are isolated out of the system. Bitcoin is about the ability to add micro payments to stop all of the crap that is happening out of Silicon Valley. If you don’t like this, I don’t care.
Not to be rude but how into a savings account?
Think about it for a moment. A savings account is a collected pool of money attached to loans and other investments from the bank. So how do you do that with the bitcoin script?
While you can start local and small community banks, while you can limit banking to the basic services that it’s meant to do the way that savings and loans used to be and that banks used to be, that is something different, and it still a bank or a corporation.
There is no decentralised anything in this. It is still a form of collected organisation because that is the most efficient and effective methodology. The cost of evaluating loans and issuing money is not negligible.
The problem isn’t banks.
The problem is that banks have stopped being banks and the most part and now act as financial gambling houses. A bank should collect savings and use it in the provision of loans. It should not be allowed to gamble that money. It should not be allowed to take this and place it into highly speculative investments or strange assets like CDS accounts but rather it should be used in building small business loans, investments in start-ups and other traditional uses.
Right now, thanks and hedge funds and shadow banking organisations take money from investments such as pension funds and play with it. The argument is that they are doing this for the benefit of those receiving money on retirement but the reality is that the fees and other components of this don’t match the end payment based on the risk.
CSW
Sep 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632907686289000?thread_ts=1632907686.289000&cid=C5131HKFX
https://t.me/CSW_Slack/3070
It’s not about replacing banks because banks offer something that bitcoin doesn’t. Bitcoin is a cash system. It is traceable and it works within the law and if you don’t like that, then you don’t like any Blockchain. It is no more decentralised than fucking Facebook. Nor can it be. The nature of decentralisation in bitcoin isn’t about democratisation of finance, that is a Ponzi, it is about the distribution of systems to make a robust secure framework for the exchange of value.
It is about all those people who are earning less than ten dollars a day and sometimes less than two dollars a day who have no capability right now of earning anything and saving. Bitcoin is about all of those people who are isolated out of the system. Bitcoin is about the ability to add micro payments to stop all of the crap that is happening out of Silicon Valley. If you don’t like this, I don’t care.
Not to be rude but how into a savings account?
Think about it for a moment. A savings account is a collected pool of money attached to loans and other investments from the bank. So how do you do that with the bitcoin script?
While you can start local and small community banks, while you can limit banking to the basic services that it’s meant to do the way that savings and loans used to be and that banks used to be, that is something different, and it still a bank or a corporation.
There is no decentralised anything in this. It is still a form of collected organisation because that is the most efficient and effective methodology. The cost of evaluating loans and issuing money is not negligible.
The problem isn’t banks.
The problem is that banks have stopped being banks and the most part and now act as financial gambling houses. A bank should collect savings and use it in the provision of loans. It should not be allowed to gamble that money. It should not be allowed to take this and place it into highly speculative investments or strange assets like CDS accounts but rather it should be used in building small business loans, investments in start-ups and other traditional uses.
Right now, thanks and hedge funds and shadow banking organisations take money from investments such as pension funds and play with it. The argument is that they are doing this for the benefit of those receiving money on retirement but the reality is that the fees and other components of this don’t match the end payment based on the risk.
CSW
Sep 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632907686289000?thread_ts=1632907686.289000&cid=C5131HKFX
https://t.me/CSW_Slack/3070
Telegram
CSW - Slack Channel
CSW
Sep 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632907686289000?thread_ts=1632907686.289000&cid=C5131HKFX
https://t.me/CSW_Slack/3070
Sep 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632907686289000?thread_ts=1632907686.289000&cid=C5131HKFX
https://t.me/CSW_Slack/3070
I came from a single mother family where she was abandoned because she was a Catholic who got divorced. So, the difference is that she worked, and I ended up working even from a young age. If you’re too lazy and you expect the world to hand you things because you’re in the majority in this bloody world - and, by the way, wealth is also not in the majority held by white people - then, you deserve everything you get and when you blame race, just remember it just makes you an asshole.
CSW
Sep 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632922406310400?thread_ts=1632922072.310000&cid=C5131HKFX
https://t.me/CSW_Slack/3072
CSW
Sep 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632922406310400?thread_ts=1632922072.310000&cid=C5131HKFX
https://t.me/CSW_Slack/3072
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CSW - Slack Channel
CSW
Sep 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632922406310400?thread_ts=1632922072.310000&cid=C5131HKFX
https://t.me/CSW_Slack/3072
Sep 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632922406310400?thread_ts=1632922072.310000&cid=C5131HKFX
https://t.me/CSW_Slack/3072
Imagine a share offering that had a constitutional provision that returns some of the money in the sale to the corporation if the share is not held for a sufficient period of time. Just as a speculative idea, imagine the following:
if the share is traded within one second, 25% of the share returns to the company,
if the share is traded within one hour, 10% of the share returns to the company,
if the share is traded within one day, 5% of the share returns to the company,
if the share is traded between one day and three months, 1% of the share is returned to the company, and
on any trade past that timeframe, the minimal handling fee that could be 0.01% of the share would be exchanged and no more.
In this concept, shareholders who maintain longer ownership and plan not just to speculate are rewarded more. There are no known scenarios where somebody planning on maintaining an investment in a company needs to hold a share for under one second. Equally, even day traders to close out at the end of the day don’t need to go into one-hour ownership or less. More importantly, this punishes those who merely speculate and don’t care about the company and any manner.
Shares are always owned
the value of dividends is already built into shares so that doesn't work
the market maker would need to hold a long-term position
this form of trading existed in the 1960s and before where people woouuld hold shares for an average of 6 to 9 months minimum
large orders are never done on market
these are always OTCs
in my entire time working with the Australian Stock Exchange and then consulting with them and then working with traders, a fifteen year period I thought zero large trades on market
what you consider large trades is not a large trade if that's the case
large trade is something that needs to be reported
as a large trade I don't mean a lot of money like people think I mean something that requires reporting not undertake over positions for market-based buys at that rate but those large trades that are done the change significant holder reporting
i.e., if it isn't changing at least 2.5% of the shareholding in the company it is not a large trade
the way that you seem to be talking would imply that I seem to care about brokers at all...
That I have any inkling of care for the amount of profit that a broker makes rather than the company
please understand
I do not give a shit about broker profit
the reality here is brokers are sucking moneyy out of companies and changing the corporate behaviour so, as were intended consequences this is how markets used to work
this is not something that is new it is something that has been collapsed by technology as people have eroded the controls
so, we are ready know the unintended consequences, they existed in the past and if you've studied the regulatory, legal and even econometric frameworks that existed in the periods before 1960 you will see each of these issues and how they can be addressed and how they were addressed
there were but they were not common
however, I still don't see a problem with people losing money on options because we are really talking about speculative gambling once again
the reality here is that long-term strategies always win
so, allowing companies to compete based on setting their own system gives an advantage that the market will set the correct values for instead of the casino
the timeframes on when shares can be sold would lead to differences in how they are traded and over time, different industries will find different ideal points
Long term value - people like me who found companies that are designed to create over time
There is nothing stopping you selling next day - if you have not just bought
50% of value in companies is lost to "finace" right now
and, nothing stops people from having mixes of shares that can be sold quickly and ones that can't
CSW
Sep 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632989164360900?thread_ts=1632989164.360900&cid=C5131HKFX
https://t.me/CSW_Slack/3074
if the share is traded within one second, 25% of the share returns to the company,
if the share is traded within one hour, 10% of the share returns to the company,
if the share is traded within one day, 5% of the share returns to the company,
if the share is traded between one day and three months, 1% of the share is returned to the company, and
on any trade past that timeframe, the minimal handling fee that could be 0.01% of the share would be exchanged and no more.
In this concept, shareholders who maintain longer ownership and plan not just to speculate are rewarded more. There are no known scenarios where somebody planning on maintaining an investment in a company needs to hold a share for under one second. Equally, even day traders to close out at the end of the day don’t need to go into one-hour ownership or less. More importantly, this punishes those who merely speculate and don’t care about the company and any manner.
Shares are always owned
the value of dividends is already built into shares so that doesn't work
the market maker would need to hold a long-term position
this form of trading existed in the 1960s and before where people woouuld hold shares for an average of 6 to 9 months minimum
large orders are never done on market
these are always OTCs
in my entire time working with the Australian Stock Exchange and then consulting with them and then working with traders, a fifteen year period I thought zero large trades on market
what you consider large trades is not a large trade if that's the case
large trade is something that needs to be reported
as a large trade I don't mean a lot of money like people think I mean something that requires reporting not undertake over positions for market-based buys at that rate but those large trades that are done the change significant holder reporting
i.e., if it isn't changing at least 2.5% of the shareholding in the company it is not a large trade
the way that you seem to be talking would imply that I seem to care about brokers at all...
That I have any inkling of care for the amount of profit that a broker makes rather than the company
please understand
I do not give a shit about broker profit
the reality here is brokers are sucking moneyy out of companies and changing the corporate behaviour so, as were intended consequences this is how markets used to work
this is not something that is new it is something that has been collapsed by technology as people have eroded the controls
so, we are ready know the unintended consequences, they existed in the past and if you've studied the regulatory, legal and even econometric frameworks that existed in the periods before 1960 you will see each of these issues and how they can be addressed and how they were addressed
there were but they were not common
however, I still don't see a problem with people losing money on options because we are really talking about speculative gambling once again
the reality here is that long-term strategies always win
so, allowing companies to compete based on setting their own system gives an advantage that the market will set the correct values for instead of the casino
the timeframes on when shares can be sold would lead to differences in how they are traded and over time, different industries will find different ideal points
Long term value - people like me who found companies that are designed to create over time
There is nothing stopping you selling next day - if you have not just bought
50% of value in companies is lost to "finace" right now
and, nothing stops people from having mixes of shares that can be sold quickly and ones that can't
CSW
Sep 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632989164360900?thread_ts=1632989164.360900&cid=C5131HKFX
https://t.me/CSW_Slack/3074
Telegram
CSW - Slack Channel
CSW
Sep 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632989164360900?thread_ts=1632989164.360900&cid=C5131HKFX
https://t.me/CSW_Slack/3074
Sep 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1632989164360900?thread_ts=1632989164.360900&cid=C5131HKFX
https://t.me/CSW_Slack/3074
Blake and Milton Reactionary and Revolutionary
26 Pages
Posted: 1 Oct 2021
Craig S Wright
nChain; University of Southern Queensland - University of Southern Queensland, Students; Leicester Law School
Date Written: September 30, 2021
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3933937
26 Pages
Posted: 1 Oct 2021
Craig S Wright
nChain; University of Southern Queensland - University of Southern Queensland, Students; Leicester Law School
Date Written: September 30, 2021
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3933937
Ssrn
Blake and Milton Reactionary and Revolutionary
In their own rather different political contexts, Milton and Blake each adopted republican and revolutionary positions. In taking a stance on religion each has
this is them now
https://www.tenable.com/products/nessus
If you wonder why the Nessus website has exactly the same format as the De Morgan one of the time, or rather the earlier De Morgan one… Me
same with snort
the same with and nmap
if you're looking for old versions of Craig Wright C++ code
if you do a check on the early Nessus servers you will find that they linked to thhe IP addresses
203.34.22.x
203.57.21.x
and you will also find that those C classes belonged to me
Stollen by
I was young, Aspie and dumb
even all that will come out during November
I never wanted to talk about it again but life has this way of making decisiions for you
it was not that I did something wrong but rather that I was screwed over
and, I was stupid enough to fight in court for a decade
but I did win eventually because the other side sucked all the value out of the company and gave up
I ended up being screwed out of a $20 million company by a 5% investor
do not worry, it will not happen again with Ira
he doesn't know what is coming
I really wish I couud say but I can't
not yet
there are things I can't say at the moment
but, tthings that will happen this year will be interesting
that's the only hint I can legally give you
I guarantee that there is not enough popcorn in your country
CSW
Sep 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633029094432600?thread_ts=1633029094.432600&cid=C5131HKFX
https://t.me/CSW_Slack/3079
https://www.tenable.com/products/nessus
If you wonder why the Nessus website has exactly the same format as the De Morgan one of the time, or rather the earlier De Morgan one… Me
same with snort
the same with and nmap
if you're looking for old versions of Craig Wright C++ code
if you do a check on the early Nessus servers you will find that they linked to thhe IP addresses
203.34.22.x
203.57.21.x
and you will also find that those C classes belonged to me
Stollen by
I was young, Aspie and dumb
even all that will come out during November
I never wanted to talk about it again but life has this way of making decisiions for you
it was not that I did something wrong but rather that I was screwed over
and, I was stupid enough to fight in court for a decade
but I did win eventually because the other side sucked all the value out of the company and gave up
I ended up being screwed out of a $20 million company by a 5% investor
do not worry, it will not happen again with Ira
he doesn't know what is coming
I really wish I couud say but I can't
not yet
there are things I can't say at the moment
but, tthings that will happen this year will be interesting
that's the only hint I can legally give you
I guarantee that there is not enough popcorn in your country
CSW
Sep 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633029094432600?thread_ts=1633029094.432600&cid=C5131HKFX
https://t.me/CSW_Slack/3079
Tenable®
Nessus Vulnerability Scanner: Network Security Solution
Find out more about Nessus - the trusted gold standard for vulnerability assessment, designed for modern attack surfaces - used by thousands of organizations.
What nobody mentions is that if we burn every fossil fuel possible, coal, gas, oil and other things yet undiscovered, not only the known reserves but the estimated possible reserves, we will still not make the drastic changes that are argued.
CSW
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633076452450600?thread_ts=1633076452.450600&cid=C5131HKFX
https://t.me/CSW_Slack/3082
CSW
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633076452450600?thread_ts=1633076452.450600&cid=C5131HKFX
https://t.me/CSW_Slack/3082
Telegram
CSW - Slack Channel
CSW
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633076452450600?thread_ts=1633076452.450600&cid=C5131HKFX
https://t.me/CSW_Slack/3082
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633076452450600?thread_ts=1633076452.450600&cid=C5131HKFX
https://t.me/CSW_Slack/3082
What nobody mentions is that if we burn every fossil fuel possible, coal, gas, oil and other things yet undiscovered, not only the known reserves but the estimated possible reserves, we will still not make the drastic changes that are argued.
The purported change to carbon dioxide from carbon in fossil fuels will partly go into the oceans as animals die in the body float to the bottom of the sediment. The atmosphere doesn’t maintain the amounts that people claim. Ironically, many of the changes to the carbon cycle have absolutely nothing to do with fossil fuels.
CSW
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633076452450600?thread_ts=1633076452.450600&cid=C5131HKFX
https://t.me/CSW_Slack/3082
The purported change to carbon dioxide from carbon in fossil fuels will partly go into the oceans as animals die in the body float to the bottom of the sediment. The atmosphere doesn’t maintain the amounts that people claim. Ironically, many of the changes to the carbon cycle have absolutely nothing to do with fossil fuels.
CSW
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633076452450600?thread_ts=1633076452.450600&cid=C5131HKFX
https://t.me/CSW_Slack/3082
Telegram
CSW - Slack Channel
CSW
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633076452450600?thread_ts=1633076452.450600&cid=C5131HKFX
https://t.me/CSW_Slack/3082
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633076452450600?thread_ts=1633076452.450600&cid=C5131HKFX
https://t.me/CSW_Slack/3082
I wonder if people understand just how easy it will be to roll over all the McCormack want to be's when he is done?
Permanent bans on ALL social media
Costs
Damages
I really don't think people understand the cost of their actions
They will
CSW
Oct 01, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633101212008000?thread_ts=1633101212.008000&cid=C5131HKFX
https://t.me/CSW_Slack/3086
Permanent bans on ALL social media
Costs
Damages
I really don't think people understand the cost of their actions
They will
CSW
Oct 01, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633101212008000?thread_ts=1633101212.008000&cid=C5131HKFX
https://t.me/CSW_Slack/3086
Telegram
CSW - Slack Channel
CSW
Oct 01, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633101212008000?thread_ts=1633101212.008000&cid=C5131HKFX
https://t.me/CSW_Slack/3086
Oct 01, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633101212008000?thread_ts=1633101212.008000&cid=C5131HKFX
https://t.me/CSW_Slack/3086
There is no such thing as the market capitalisation of a commodity
All commodity offers are limited.
The amount of gold does not grow
Mined and processed gold increases.
The total amount remains the same
More can be planted for the future, but a corn harvest is a totality.
Eun out, it be gone
CSW
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633173189053700?thread_ts=1633173189.053700&cid=C5131HKFX
https://t.me/CSW_Slack/3089
All commodity offers are limited.
The amount of gold does not grow
Mined and processed gold increases.
The total amount remains the same
More can be planted for the future, but a corn harvest is a totality.
Eun out, it be gone
CSW
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633173189053700?thread_ts=1633173189.053700&cid=C5131HKFX
https://t.me/CSW_Slack/3089
Telegram
CSW - Slack Channel
CSW
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633173189053700?thread_ts=1633173189.053700&cid=C5131HKFX
https://t.me/CSW_Slack/3089
Oct 02, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1633173189053700?thread_ts=1633173189.053700&cid=C5131HKFX
https://t.me/CSW_Slack/3089