1b) Any pool that does NOT share transaction fees should be rejected from consideration (which, unfortunately, is most, if not all, Chinese based pools)
2) Reasonable variance – You need to get paid often enough to be happy. This is a tough one.
Variance is the close cousin to “Luck”.
The luckier a pool is, the more blocks it finds relative to its hashing speed, and the less variance it will have. But its not a real thing! “Luck” could change any microsecond. “Luck” is just mathematical statistics – over a long enough time period, all pools will average out to 100% luck.
Luck Statistik for 14 Blocks
You need to understand Variance:
A big pool finds more blocks, but distributes the earnings out to more miners.
A small pool is just the reverse: it finds fewer blocks, but pays those earnings to fewer people. Over the long run, Rule #1, well, rules.
3) Wind-up/Wind-down time – Most pools use some leveling algorithm.
4) User Interface – That doesn’t matter much if you have a few miners. If you have hundreds, the difference can be thousands of dollars a Year.
Notes:
A)In the long run #2 & #3 really don’t matter much. Both pools show your hashing rate in minutes, payouts just lag on Kano compared to Slushpool, but would continue longer if you changed in the future
B) Bigger is not better. Sure Antpool is #1 in size, in no small part to Bitmain using their own pool (no fees for them!). Your profit will be determined mostly by rule #1 – lower fees mean more profit.
C) More, smaller, pools is healthier for the blockchain. If you can live with the variance, support the pool with the longest average payout you are happy with.
D) For pools with long ramp up times that are relatively small, like Kano, you MIGHT suffer due to difficulty changes while you ramp up.
For smaller pools, make sure you understand what happens to your efforts (based on their scoring system) when a difficulty change occurs.
“Imagine there’s no countries It isn’t hard to do Nothing to kill or die for And no religion too Imagine all the people Living life in peace
You may say that I’m a dreamer But I’m not the only one I hope someday you’ll join us And the world will be as one”
John Lennon, Imagine
“He who joyfully marches to music rank and file has already earned my contempt.
He has been given a large brain by mistake, since for him the spinal cord
would surely suffice.
This disgrace to civilization
should be done away with at once.
Heroism at command, senseless brutality, deplorable love-of-country stance and all the loathsome nonsense that goes by the name of patriotism, how violently I hate all this, how despicable and ignoble war is;
I would rather be torn to shreds than be part of so base an action!
It is my conviction that killing
under the cloak of war is nothing
but an act of murder.”
Albert Einstein
“War is peace. Freedom is slavery. Ignorance is strength.”
George Orwell, “1984”
“I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.”
Albert Einstein
“Only the dead have seen the end of war.”
Plato
“The supreme art of war is to subdue the enemy without fighting.”
Sun Tzu, “The Art of War”
Today the most civilized countries of the world spend a maximum of their income on war and a minimum on education.
The twenty-first century will
reverse this order.
It will be more glorious to fight against ignorance than to die on the field of battle.
The discovery of a new scientific truth
will be more important thanthe
squabbles of diplomats.
Even the newspapers of our own
dayare beginning to treat scientific discoveries and the creation of freshphilosophical concepts as news.
The newspapers of the twenty-first century will give a mere ‘stick’ in the back pages to accounts of crime or political controversies, but will headline on the front pages the proclamation of a new scientific hypothesis.
Progress along such lines will be impossible while nations persist in the savage
practice of killing each other off.
I inherited from my father, an erudite
man who labored hard for peace,
an ineradicable hatred of war.
Nikola Tesla
“Older men declare war.
But it is youth that must fight and die.”
Herbert Hoover
“War does not determine who is right – only who is left.”
Anonymous
“Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed,those who are
cold and are not clothed.
This world in arms is not
spending money alone.
It is spending the sweat of its laborers,
the genius of its scientists,
the hopes of its children.
This is not a way of life at all
in any true sense.
Under the clouds of war,
it is humanity hanging on a cross of iron.”
Dwight D. Eisenhower
“You can have peace.
Or you can have freedom.
Don’t ever count on having both at once.”
Robert A. Heinlein
“War is over … If you want it.”
John Lennon
“How is it possible to have a civil war?”
George Carlin
“It is not enough to win a war; it is more important to organize the peace.”
Aristotle
“They wrote in the old days that it is sweet and fitting to die for one’s country.
But in modern war, there is nothing
sweet nor fitting in your dying.
You will die like a dog
for no good reason.”
Ernest Hemingway
“In times of war, the law falls silent.”
“Silent enim leges inter arma“
Marcus Tullius Cicero
“The nuclear arms race is like two sworn enemies standing waist deep in gasoline, one with three matches, the other with five.”
Carl Sagan
“The human race is unimportant.
It is the self that must not be betrayed.”
“I suppose one could say that
Hitler didn’t betray his self.”
“You are right.
He did not.
But millions of Germans
did betray their selves.
That was the tragedy.
Not that one man had
the courage to be evil.
But that millions had not
the courage to be good.”
John Fowles, “The Magus”
“Fighting for peace, is like f***ing for chastity.”
Stephen King, “Hearts in Atlantis”
“I’m fed up to the ears with old men dreaming up wars for young men to die in.”
George McGovern
“Pacifism is objectively pro-fascist.
This is elementary common sense.
If you hamper the war effort of one side,
you automatically help out
that of the other.
Nor is there any real way
of remaining outside
such a war as the present one.
In practice, ‘he that is not with me
is against me’.”
George Orwell
“The essential act of war is destruction,
not necessarily of human lives,
but of the products of human labour.
War is a way of shattering to pieces,
or pouring into the stratosphere,
or sinking in the depths of the sea,
materials which might otherwise
be used to make the masses
too comfortable,and hence,
in the long run,too intelligent.”
George Orwell, “1984”
“Mankind must put an end to war – or war will put an end to mankind.”
[Address before the United Nations, September 25 1961]
John F. Kennedy
“Military men are just dumb, stupid animals to be used as pawns in foreign policy.”
Henry Kissinger
“In War: Resolution, In Defeat: Defiance, In Victory: Magnanimity In Peace: Good Will.”
Winston S. Churchill, “The Second World War”
“this is the 21st century and we need
to redefine r/evolution.
this planet needs a people’s r/evolution.
a humanist r/evolution.
r/evolution is not about bloodshed or about going to the mountains and fighting.
we will fight if we are forced to
but the fundamental goal of
r/evolution must be peace.
we need a r/evolution of the mind.
we need a r/evolution of the heart.
we need a r/evolution of the spirit.
the power of the people is stronger
than any weapon.
a people’s r/evolution can’t be stopped.
we need to be weapons
of mass construction.
weapons of mass love.
it’s not enough just to change the system.
we need to change ourselves.
we have got to make this world
user friendly. user friendly.
are you ready to sacrifice
to end world hunger.
to sacrifice to end colonialism.
to end neo-colonialism.
to end racism.
to end sexism.
r/evolution means the end of exploitation.
r/evolution means respecting
people from other cultures.
r/evolution is creative.
r/evolution means treating your
mate as a friend and an equal.
r/evolution is sexy.
r/evolution means respecting and
learning from your children.
r/evolution is beautiful.
r/evolution means protecting
the people.
the plants. the animals. the air. the water.
r/evolution means saving this planet.
r/evolution is love.”
Assata Shakur
“After all, no one is stupid enough to prefer war to peace; in peace sons bury their fathers and in war fathers bury their sons.”
Herodotus
“Let my country die for me.”
James Joyce, “Ulysses”
“If we really saw war,
what war does to young minds and bodies, it would be impossible to embrace the myth of war.
If we had to stand over the mangled corpses of schoolchildren killed in Afghanistan and listen to the wails of their parents, we would not be able to repeat clichés we use to justify war.
This is why war is carefully sanitized.
This is why we are given war’s perverse and dark thrill but are spared from seeing war’s consequences.
The mythic visions of war keep it heroic and entertaining…
The wounded, the crippled, and the dead are, in this great charade, swiftly carted offstage.
They are war’s refuse.
We do not see them.
We do not hear them.
They are doomed, like wandering spirits, to float around the edges of our consciousness, ignored, even reviled.
The message they tell is too painful for us to hear.
We prefer to celebrate ourselves and our nation by imbibing the myths of glory, honor, patriotism, and heroism, words that in combat become empty and meaningless.“
Chris Hedges “Death of the Liberal Class”
“The ever more sophisticated weapons piling up in the arsenals of the wealthiest and the mightiest can kill the illiterate, the ill, the poor and the hungry, but they cannot kill ignorance, illness, poverty or hunger.”
Fidel Castro
“For the whole earth is the tomb
of famous men; not only are they commemorated by columns
and inscriptions in their own country,
but in foreign lands there dwells also an unwritten memorial of them,
graven not on stone
but in the hearts of men.
Make them your examples, and,
esteeming courage to be freedom and freedom to be happiness,
do not weigh too nicely
the perils of war.”
[Funeral Oration of Pericles]
Thucydides, “History of the Peloponnesian War”
“War and drink are the two things
man is never too poor to buy.”
William Faulkner
For me, the most ironic token of
[the first human moon landing] is the plaque signed by President Richard M. Nixon that Apollo 11 took to the moon.
It reads:
“We came in peace for all Mankind.”
As the United States wasdropping
7 ½ megatons of conventional
explosives on small nations
inSoutheast Asia,
we congratulated ourselves on
our humanity.
We would harm no one on a lifeless rock.”
Carl Sagan, “Pale Blue Dot: A Vision of the Human Future in Space”
“This topic brings me to that
worstoutcrop of herd life,
the military system, which I abhor…
This plague-spot of civilization ought
to be abolished with all possible speed.
Heroism on command,
senseless violence,
and all the loathsome nonsense that
goes by the name of patriotism —
how passionately I hate them!”
Albert Einstein
1. Bangladesh…. In 1971 … Kissinger overrode all advice in order to support
the Pakistani generals in both their
civilian massacre policy in East Bengal
and their armed attack on India
from West Pakistan….
This led to a moral and political catastrophe the effects of which are still sorely felt.
Kissinger’s undisclosed reason for the ‘tilt’ was the supposed but never materialised ‘brokerage’ offered by the dictator Yahya Khan in the course of secret diplomacy between Nixon and China….
Of the new state of Bangladesh,
Kissinger remarked coldly that it
was ‘a basket case’ before turning
his unsolicited expertise elsewhere.
2. Chile…. Kissinger had direct personal knowledge of the CIA’s plan to kidnap
and murder General René Schneider, the head of the Chilean Armed Forces … who refused to countenance military intervention in politics.
In his hatred for the Allende Government, Kissinger even outdid Richard Helms …
who warned him that a coup insuch
a stable democracy would
behard to procure.
The murder of Schneider nonetheless
went ahead, at Kissinger’s urging and
with American financing, just between Allende’s election and his confirmation….
This was one of the relatively few times
that Mr Kissinger (his success in getting people to call him ‘Doctor’ is greater
than that of most PhDs) involved himself
in the assassination of a single named individual rather than the slaughter
of anonymous thousands.
His jocular remark on this occasion—
‘I don’t see why we have to let a country
go Marxist just because its people
are irresponsible’—suggests he may
have been having the best of times….
3. Cyprus…. Kissinger approved of the preparations by Greek Cypriot fascists
for the murder of President Makarios,
and sanctioned the coup which tried
to extend the rule of the Athens junta
(a favoured client of his) to the island.
When despite great waste of life this coup failed in its objective, which was also Kissinger’s, of enforced partition, Kissinger promiscuously switched sides to support
an even bloodier intervention by Turkey.
Thomas Boyatt … went to Kissinger
in advance of the anti-Makarios
putschand warned him that it
could leadto a civil war.
‘Spare me the civics lecture,’ replied Kissinger, who as you can readily see had an aphorism for all occasions.
4. Kurdistan. Having endorsed the covert policy of supporting a Kurdish revolt
in northern Iraq between 1974 and 1975, with ‘deniable’ assistance also provided
by Israel and the Shah of Iran, Kissinger made it plain to his subordinates that
the Kurds were not to be allowed to win,
but were to be employed fortheir
nuisance value alone.
They were not to be told that this was
the case, but soon found out when
the Shah and Saddam Hussein composed their differences, and American
aid to Kurdistan was cut off.
Hardened CIA hands went to Kissinger …
for an aid programme for the many thousands of Kurdish refugees
who were thus abruptly created….
The apercu of the day was: ‘foreign policy should not he confused with missionary work.’ Saddam Hussein heartily concurred.
5. East Timor. The day after Kissinger left Djakarta in 1975, the Armed Forces
of Indonesia employed American weapons to invade and subjugate the independent former Portuguese colony of East Timor.
Isaacson gives a figure of 100,000 deaths resulting from the occupation, or one-seventh of the population, and there
are good judges who put this
estimateon the low side.
Kissinger was furious when news of
his own collusion was leaked, because
as well as breaking international law
the Indonesians were also violating
an agreement with the United States….
Monroe Leigh … pointed out this awkward latter fact. Kissinger snapped: ‘The Israelis when they go into Lebanon—when was the last time we protested that?‘
A good question, even if it did not and
does not lie especially well in his mouth.
It goes on and on and on until one
cannot eat enough to vomit enough.”
Christopher Hitchens
“At one time I had given much thought
to why men were so very rarely
capable of living for an ideal.
Now I saw that many, no,
all men were capable of dying for one.”
Hermann Hesse, “Demian: Die Geschichte von Emil Sinclairs Jugend”
“We need to decide that we will not go to war, whatever reason is conjured up by the politicians or the media, because war in our time is always indiscriminate, a war against innocents, a war against children.”
Howard Zinn
All wars are sacred,” he said.
“To those who have to fight them.
If the people who started wars
didn’t make them sacred,who would be
foolish enough to fight?
But, no matter what rallying cries
the orators give to the idiots who fight,
no matter what noble purposes they
assign to wars, there is neverbut
one reason for a war.
And that is money.
All wars are in reality money squabbles.
But so few people ever realize it.
Their ears are too full of bugles
anddrums and the fine words
from stay-at-home orators.
Sometimes the rallying cry is
’save the Tomb of Christ from the Heathen!’
Sometimes it’s ’down with Popery!’
andsometimes ‘Liberty!’
and sometimes
‘Cotton, Slavery and States’ Rights!”
Margaret Mitchell, “Gone with the Wind”
“The most dangerous people in the world are not the tiny minority instigating evil acts, but those who do the acts for them.
For example, when the British
invaded India, many Indians accepted
to work for the British to kill off
Indians who resisted their occupation.
So in other words, many Indians were
hired to kill other Indians on behalf
of the enemy for a paycheck.
Today, we have mercenaries in Africa, corporate armies from the western world, and unemployed men throughout the Middle East killing their own people – and people of other nations – for a paycheck.
To act without a conscience,
but for a paycheck,
makes anyone a dangerous animal.
The devil would be powerless
if he couldn’t entice people
to do his work.
So as long as money continuesto seduce
the hungry, the hopeless, the broken,
the greedy, and the needy,
there will always be
war between brothers.”
Suzy Kassem
“Peace is such hard work.
Harder than war.
It takes way more effort
to forgive than to kill.”
Rae Carson, “The Bitter Kingdom” (Fire and Thorns, #3)
“An unjust law is itself a species of violence.
Arrest for its breach is more so.
Now the law of nonviolence says that violence should be resisted not by counter-violence but by nonviolence.
This I do by breaking the law and by peacefully submitting to arrest and imprisonment.”
Mahatma Gandhi, “Non-violence in Peace and War” 1942-1949
“Civilized society is perpetually menaced with disintegration through this primary hostility of men towards one another.”
Sigmund Freud
“In war,
the strong make slaves of the weak,
and in peace,
the rich makes slaves of the poor.”
Oscar Wilde
“So it is the human condition that to wish for the greatness of one’s fatherland
is to wish evil to one’s neighbors.
The citizen of the universe would be
the man who wishes his countrynever to be either greater or smaller, richer or poorer.”
Voltaire, “Philosophical Dictionary”
“A democracy which makes or eveneffectively prepares for modern,
A weapon is a manifestation of a decision that has already been made.”
Steven Galloway, “The Cellist of Sarajevo”
“There has never been a just [war],
never an honorable one —
on the part of the instigator of the war.
I can see a million years ahead,
and this rule will never change
in so many as half a dozen instances.
The loud little handful— as usual —
willshout for the war.
The pulpit will–warily and cautiously–object–at first;
the great, big, dull bulk of the nation
will rub its sleepy eyes and tryto
make out why there should be a war,
and will say, earnestly and indignantly,
‘It is unjust and dishonorable,
and there is no necessity for it.
‘ Then the handful will shout louder.
A few fair men on the other side will
argue and reason against the war with speech and pen, and at first will have a hearing and be applauded; but it will not last long; those others will outshout them, and presently the anti-war audiences will thin out and lose popularity.
Before long you will see this curious thing: the speakers stoned from the platform,
and free speech strangled by hordesof furious men who in their secret hearts are still at one with those stoned speakers–as earlier–but do not dare say so.
And now the whole nation–pulpit and all–will take up the war-cry, and shout
itself hoarse, and mob any honest man
who ventures to open his mouth;
and presently such mouths
will cease to open.
Next the statesmen will invent cheap lies, putting the blame upon the nation that is attacked, and every man will be glad of those conscience-soothing falsities,
and will diligently study them, and refuse
to examine any refutations of them;
and thus he will by and by convince
himself the war is just,
and will thank God
for the better sleep he enjoys
after this processof
grotesque self-deception.”
Mark Twain, “The Mysterious Stranger and Other Stories”
“We often think of peace
as the absence of war,
that if powerful countries
would reduce their weapon arsenals,
we could have peace.
But if we look deeplyinto the weapons,
we see our own minds– our own
prejudices,fears and ignorance.
Even if we transport all the bombs
to the moon, the roots of war
and the roots of bombs are still there,
in our hearts and minds,
and sooner or later we will
make new bombs.
To work for peace is to uproot warfrom ourselves and from the hearts
of men and women.
To prepare for war,
to give millions of men and women
the opportunity to practice killing
day and night in their hearts,
is to plant millions of seeds of violence, anger, frustration, and fear that will be passed on for generations to come.”
Thich Nhat Hanh, “Living Buddha, Living Christ”
“There are seasons of our lives when nothing seems to be happening, when no smoke betrays a burned town or homestead and few tears are shed for the newly dead.
I have learned not to trust those times, because if the world is at peace then it means someone is planning war.”
Bernard Cornwell, “Death of Kings” (The Saxon Stories, #6)
“That there are men in all countries
who get their living by war,
and by keeping up the quarrels
of Nations is as shocking as it is true…”
Thomas Paine
“The real power in America is held by a fast-emerging new Oligarchy of pimps
and preachers who see no need for Democracy or fairness or even trees,
except maybe the ones in their own yards, and they don’t mind admitting it.
They worship money and power and death.
Their ideal solution to all the
nation’s problems would be
another 100 Year War.”
Hunter S. Thompson, “Kingdom of Fear: Loathsome Secrets of a Star-Crossed Child in the Final Days of the American Century”
“Once war becomes a clash of absolutes, there is no breathing room for mercy.
Absolute truth is blind truth.”
Deepak Chopra, “The Third Jesus: The Christ We Cannot Ignore”
“What is so often said about the solders
of the 20th century is thatthe
foughtto make us free.
Which is a wonderful sentiment and
one witch should evoke tremendous gratitude if in fact there was a shred
of truth in that statement but,
it’s not true.
It’s not even close to true
in fact it’s the opposite of truth.
There’s this myth around that people believe that the way to honor deaths of so many of millions of people; that the way to honor is to say that we achieved some tangible, positive, good, out of their death’s.
That’s how we are supposed to
honor their deaths.
We can try and rescue some positive
and forward momentum of human progress, of human virtue from these hundreds of millions of death’s but we
don’t do it by pretending that they’d died
to set us free because we are less free;
far less free now then we were
beforethese slaughters began.
These people did not die to set us free.
They did not die fighting any enemy
other than the ones that the
previous deaths created.
The beginning of wisdom is to call
things by their proper names.
Solders are paid killers, and I say this
with a great degree of sympathy to young men and women who are suckered into
a life of evil through propaganda and the labeling of heroic to a man in costume who kills for money and the life of honor is accepting ordered killings for money, prestige, and pensions.
We create the possibility of moral choice
by communicating truth
about ethics to people.
That to me is where real heroism
and real respect for the dead lies.
Real respect for the dead lies in exhuming the corpses and hearing what they would say if they could speak out; and they
would say: If any ask us why we died tell
it’s because our fathers lied, tell them it’s because we were told that charging up a hill and slaughtering our fellow man was heroic, noble, and honorable.
But these hundreds of millions of ghosts encircled the world in agony, remorse
will not be released from our collective unconscious until we lay the truth of
theirmurders on the table and look
at the horror that is the lie;
that murder for money can be moral, that murder for prestige can be moral.
These poor young men and woman propagandized into an undead ethical status lied to about what is noble,
virtuous, courageous, honorable, decent, and good to the point that they’re rolling hand grenades into children’s rooms and the illusion that, that is going to make the world a better place.
We have to stare this in the face if we want to remember why these people died. They did not die to set us free. They did not die to make the world a better place. They died because we are ruled by sociopaths. The only thing that can create a better world is the truth is the virtue is the honor and courage of standing up to the genocidal lies of mankind and calling them lies and ultimate corruptions.
The trauma and horrors of this century of staggering bloodshed of the brief respite of the 19th century. This addiction to blood and the idea that if we pour more bodies into the hole of the mass graves of the 20th century, if we pour more bodies and more blood we can build some sort of cathedral to a better place but it doesn’t happen. We can throw as many young men and woman as we want into this pit of slaughter and it will never be full. It will never do anything other than sink and recede further into the depths of hell. We can’t build a better world on bodies. We can’t build peace on blood. If we don’t look back and see the army of the dead of the 20th century calling out for us to see that they died to enslave us. That whenever there was a war the government grew and grew.
We are so addicted to this lie. What we need to do is remember that these bodies bury us. This ocean of blood that we create through the fantasy that violence brings virtue. It drowns us, drowns our children, our future, and the world. When we pour these endless young bodies into this pit of death; we follow it.”
Stefan Molyneux
“It is only those who have neither fired a shot nor heard the shrieks and groans
ofthe wounded who cry aloud for blood,
more vengeance, more desolation.
War is hell.”
William Tecumseh Sherman
Our enemies are Medes and Persians,
men who for centuries have lived
soft and luxurious lives;
we of Macedon for generations past
have been trained in the hard school
of danger and war.
Above all, we are free men,
and they are slaves.
There are Greek troops, to be sure, in Persian service — but how different
is their cause from ours!
They will be fighting for pay — and not much of at that; we, on the contrary,
shall fight for Greece, and our
heartswill be in it.
As for our foreign troops — Thracians, Paeonians, Illyrians, Agrianes — they
are the best and stoutest soldiers in Europe, and they will find as their opponents the slackest and softest of the tribes of Asia.
And what, finally, of the two men
in supreme command?
You have Alexander, they — Darius!”
Alexander the Great
“If I had known they were going to do this,
I would have become a shoemaker.”
Albert Einstein
“One question in my mind,
which I hardly dare mention in public,
is whether patriotism has, overall, been a force for good or evil in the world.
Patriotism is rampant in war and
there are some good things about it.
Just as self-respect and pride bring out the best in an individual, pride in family,
pride in teammates, pride in hometown bring out the best in groups of people.
War brings out the kind of pride in country that encourages its citizens in the direction of excellence and it encourages them
to be ready to die for it.
At no time do people work so well
together to achieve the same goal
as they do in wartime.
Maybe that’s enough to make patriotism eligible to be considered a virtue.
If only I could get out of my mind
the most patriotic people
who ever lived,
the Nazi Germans.”
Andy Rooney, “My War”
“My own concern is primarily the
terror and violence carried out by
my own state, for two reasons.
For one thing, because it happens to be the larger component of international violence.
But also for a much more important
reason than that; namely, I can
do something about it.
So even if the U.S. was responsible
for 2 percent of the violence in the
world instead of the majority of it,
it would bethat 2 percent I would
be primarily responsible for.
And that is a simple ethical judgment.
That is, the ethical value of one’s actions depends on their anticipated
and predictable consequences.
It is very easy to denounce the
atrocitiesof someone else.
That has about as much ethical value
as denouncing atrocities that
took place in the 18th century.”
Noam Chomsky
“We are in the hands of men whosepower and wealth have separatedthem
from the reality of daily life
and from the imagination.
We are right to be afraid.”
Grace Paley
“Wars of nations are fought
to change maps.
But wars of poverty are fought
to map change.”
Muhammad Ali
“What passing bells for these
who die as cattle? Only the monstrous anger of the guns. Only the stuttering rifle’s rapid rattle Can patter out their hasty orisons. No mockeries now for them;
no prayers, nor bells, Nor any voice of mourning save the choirs, The shrill demented choirs of wailing shells, And bugles calling for them from sad shires. What candles may be held
to speed them all? Not in the hands of boys, but in their eyes, Shall shine the holy glimmers of goodbyes. The pallor of girls’ brows shall be their pall, Their flowers the tenderness
of patient minds, And each, slow dusk a drawing
down of blinds.”
Wilfred Owen, The War Poems
Millions of fathers in rain Millions of mothers in pain Millions of brothers in woe
Millions of sisters nowhere to go
Millions of daughters walk in the mud Millions of children wash in the flood A million girls vomit and groan Millions of families hopeless alone”
Allen Ginsberg, “Poems”
“No honest journalist should be willing to describe himself or herself as ’embedded.’
To say, ‘I’m an embedded journalist’ is to say, ‘I’m a government Propagandist.”
Noam Chomsky, “Imperial Ambitions: Conversations on the Post-9/11 World”
“Darwinism by itself did not produce the Holocaust, but without Darwinism…
neither Hitler nor his Nazi followers
would have had the necessary scientific underpinnings to convince themselves
and their collaborators that one
of the worlds greatest atrocities
was really morally praiseworthy.”
Richard Weikart, “From Darwin to Hitler: Evolutionary Ethics, Eugenics, and Racism in Germany”
“War means fighting.
The business of the soldier is to fight.
Armies are not called out to dig trenches,
to throw up breastworks,to live in camps, but to find the enemy and strike him; to invade his country, and do him all possible damage in the shortest possible time.
This will involve great destruction of life and property while it lasts; but such a war will of necessity be of brief continuance,
and so would be an economy of life
and property in the end.”
Stonewall Jackson
“I have seen war.
I have seen war on land and sea.
I have seen blood running from
the wounded.
I have seen men coughing out their
gassed lungs.
I have seen the dead in the mud.
I have seen cities destroyed.
I have seen 200 limping, exhausted
men come out of line—the survivors
of a regiment of 1,000 that went
forward 48 hours before.
I have seen children starving.
I have seen the agony of mothers and wives.
I hate war.”
Franklin D. Roosevelt
“How is the world ruled and led to war?
Diplomats lie to journalists and believe these lies when they see them in print.”
Karl Kraus
“Each Javelin round costs $80,000, and
the idea that it’s fired by a guy who doesn’t make that in a year at a guy who doesn’t make that in a lifetime is somehow so outrageous it almost makes the
war seem winnable.”
Sebastian Junger, “War”
“But what are a hundred million deaths?
When one has served in a war, one hardly knows what a dead man is, after a while.
And since a dead man has no substance unless one has actually seen him dead,
a hundred million corpses broadcast through history are no more than a puff
of smoke in the imagination.”
Albert Camus
“I have never advocated war except
as means of peace, so seek peace,
but prepare for war.
Because war…
War never changes.
War is like winter and winter is coming.”
Ulysses S Grant
“I do not say that there is no glory
to be gained [in war];
but it is not personal glory.
In itself, no cause was ever more glorious than that of men who struggle, not to conquer territory, not to gather spoil,
not to gratify ambition, but for freedom,
for religion, for hearth and home, and to revenge the countless atrocities inflicted upon them by their oppressors.”
G. A. HENTY
“World War I was the most colossal, murderous, mismanaged butchery that
has ever taken place on earth.
Any writer who said otherwise lied,
So the writers either wrote propaganda, shut up, or fought.”
Ernest Hemingway
“In peace, children inter their parents;
war violates the order of natureand
causes parents to inter their children.”
Herodotus
“Perpetual peace is a futile dream.”
Gen. George S. Patton
“Such then is the human condition,
that to wish greatness for one’s country
is to wish harm to one’s neighbors.”
Voltaire
“It is precisely that requirement
ofshared worship that has been the principal source of suffering for individual manand the human race since
the beginning of history.
In their efforts to impose universal worship, men have unsheathed their swords
and killed one another.
They have invented gods and challenged each other:
“Discard your gods and worship mineor
I will destroy both your godsand you!”
Fyodor Dostoyevsky, “The Brothers Karamazov”
What a terrible thing war is,
what a terrible thing!”
Leo Tolstoy, “War and Peace”
“When you think about new-born babies being killed in our own lifetime,’ he said,
‘all the efforts of culture seem worthless.
What have people learned from all
our Goethes and Bachs?
To kill babies?”
Vasily Grossman, “Life and Fate”
“Those of us who are most genuinely repelled by war and violence are also
those who are most likely to decide
that some things, after all,
are worth fighting for.”
Christopher Hitchens, “The Quotable Hitchens from Alcohol to Zionism: The Very Best of Christopher Hitchens”
“I have never advocated war
except as a means of peace.”
Ulysses S. Grant
“It is of the greatest important in this world that a man should know himself, and the measure of his own strength and means; and he who knows that he has not a genius for fighting must learn how to govern
by the arts of peace.”
Machiavelli, Niccolo
“War has no longer the justification that
it makes for the survival of the fittest;
it involves the survival of the less fit.
The idea that the struggle between nations is a part of the evolutionary law of man’s advance involves a profound misreading
of the biological analogy.
The warlike nations do not inherit the earth; they represent
the decaying human element.”
Norman Angell, “The Great Illusion”
“Homo sapiens!
The name itself was an irony.
They had not been wise at all,
but incredibly stupid.
Lords of the Earth with their great gray brains, their thinking minds had placed them above all other forms of life.
Yet it had not been thought that compelled them to act, but emotion.
From the dawn of their evolution they had killed, and conquered, and subdued.
They had committed atrocities on others
of their kind, ravaged the land, polluted
and destroyed, left millions to starve
in Third World countries, and finished
it all with a nuclear holocaust.
The mutants were right.
Intelligent creatures did not commit genocide, or murder the environment
on which they were dependent.”
Louise Lawrence, “Children of the Dust”
“War: first, one hopes to win;
then one expects the enemy to lose;
then, one is satisfied that he too is suffering;
in the end, one is surprised that
everyone has lost.”
Karl Kraus
“War is unlike life.
It’s a denial of everything you learn life is.
And that’s why when you get finished with it, you see that if offers no lessons that can’t be bettered learned in civilian life.
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
It is from the epithet of a parable, explaining that a fool waits for the stream to stop before crossing, while a wise man forgoes comfort and crosses anyway.
It is a frequently used motto for academic institutions.
Kant answers the question in the first sentence of the essay: “Enlightenment is man’s emergence from his self-incurred immaturity (Unmündigkeit).”
He argues that the immaturity is self-inflicted not from a lack of understanding, but from the lack of courage to use one’s reason, intellect, and wisdom without the guidance of another.
Kant argued that using one’s reason is considered dangerous by most men and all women.
He exclaims that the motto of the Enlightenment is “Sapere aude“! – Dare to be wise!
“Enlightenment is man’s release from his self-incurred tutelage.
Tutelage is man’s inability to make use of his understanding without direction from another.
Self-incurred is this tutelage when its cause lies not in lack of reason but in lack of resolution and courage to use it without direction from another.
Sapere Aude!
‘Have courage to use your own reason!’- that is the motto of enlightenment.”
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
• Individually, each of these technologies deserves all the attention they’re getting as enablers and disruptors
• But, taken together?
• Their transformative effect becomes multiplicative
• A future driven by machine connectivity, data exchange and commercial services:
IoT connects billions of machines and sensors generate unprecedented quantities of real-time data
AI enables the machines to act on data and trigger services
Blockchain functions are the transaction layer where data and service contracts are securely stored and payments for services are settled
How does blockchain support intelligent connected machines?
• Smart Contracts enable self-executing and self-enforcing contractual states
Custom financial instruments (tokens), records of ownership of an underlying physical asset (smart property), any
complex business logic that can be programmable
Can such applications be ideal for intelligent (AI) and connected (IoT) machines?
These machines are intelligent enough to negotiate contracts, but need a technology allowing them to securely sign and enforce them
• Digital currencies create new forms of money
Programmable and active
Will such money be ideal for intelligent (AI) and connected (IoT) machines?
These machines will need digital currency to pay for services assigned through the smart contracts
How will the three technologies work together?
IoT – Internet of Things
Sensors allow us to cost-effectively gather tremendous amounts of data.
Connectivity allows us to transmit/broadcast these data.
But, there is a missing element: intelligence to process these data.
AI – Artificial Intelligence
Intelligence at the very edges of the network (mini-brains).
Combine with IoT and you have the ability to recognize meaningful patterns buried in mountains of data in ways that would be impossible for most humans, or even non-AI algorithms, to do.
But, there is a missing element: a secure storage layer for data and a transaction layer for services
DLT (blockchain) – Distributed Ledger Technology
Decentralized governance, coupled with no single point of failure, disintermediation, unalterable and searchable records of events.
Digital currencies and tokenized custom financial instruments.
Combine with AI and IoT and you have a new world of autonomous systems interacting with each other, procuring services from each other and settling transactions.
The technology stack of the future
Technology Stack of the Future
Toward a world of machine commerce
A world of Machine Commerce
M2M will need SSI (self-sovereign identities) – for objects!
Human Identities types
Object identities can be SSI by default
Multi-source, multi-verifier
Digitally signed, verifiable credentials that can prove issuer, holder and status
Secure peer-to-peer connections (permanent or session-based)
Exchange full credentials, partial credentials or ZKPs derived from credentials
Next milestone: Decentralized Organizations (DOs)
DOs are good at:
Coordinating resources that do not know/trust each other (including hybrid
H/M)
Governing in a geography-agnostic, censorship-resistant manner
Enabling short-term or informal organizational structures (networks/communities)
Tracking and rewarding contribution
Challenges
Jurisdictional issues
Legislating new types of work for humans and work rules for machines
Governance modalities, including external supervision
Challenges
New/upgraded system architectures
• From legacy to blockchain/AI/IoT-native systems • Integration, interoperability, backward compatibility • ROI obvious ex post, difficult ex ante – Bootstrapping
Advanced analytics capabilities
• As devices at the edge become smarter, the smart contracts enabled by blockchain platforms will require more advanced data analytics capabilities and gateways to the physical world.
New Business Models
Disruptive innovation will dominate – but not without boom-and-bust cycles and big failures along the way.
Winners will NOT be the ones focusing on efficiency gains, but on disruptive models.
Key takeaways
• IoT, AI and DLT (blockchain) are foundational and exponentially growing technologies
When combined, they will create a new internet of connected, intelligent and commercially transacting machines
An era machine-to-machine (M2M) and human-to-machine (H2M) commerce is likely to emerge, with profound consequences on social and economic dynamics
New forms of corporations or organizational formats (code-only, autonomous) will emerge
• There are numerous challenges that must be overcome
IoT has outpaced the human internet, but is still a largely passive, insecure and privacy-vulnerable network
AI has made huge leaps, but still requires immense computational resources and is largely incompatible with edge computing
DLT is a new technology, largely untested at scale; both smart contracts and digital assets lack the regulatory clarity required for mass adoption
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
R&D, wisdom, knowledge, curiosities, answers and many more questions 🙂🤣🙃
You have a Choice !!!Power to the People !!! Wake the F… Up !!! No more excuses, you have a choice now !!!WHO as in WORLD HEALTH ORGANISATIONP F I Z E R InsiderPoem of the LegacyBeing Curious…Of course it doesn’t comply…The Problem with centralized Social-Media10 Principles of Strategic LeadershipGlobal Reserve CurrencyPsychology of a Market CycleSuccessSuccessTriangle of SuccessDon’t plan for travelling when old…😋😳😋Be like a Tree…If anyone understands this please enlighten me too 😊🤭🤗http://www.revelationtimelinedecoded.comESGFor those that think WE are the Center of the Universe 🤣😅😂Confident vs. Insecure PeopleDay by day…Managing Complex ChangeThe Cone of LearningThe Hero’s JourneyElectromagnetic Field of the HeartI-ChingLanguage creates RealitySex Organs of the Machine WorldPhilosopher’s StoneIsaac NewtonAbracadabraSingularityMulti-Mind Thought Control Process APPLE INC.RetrocausalityCERNEGOSYSCOIN ECOSYSTEMJagSteinSysCoinBitcoin might bury FIAT 🙂 🤭 🙃DEFI Ecosystem on EthereumDeFi StackBitcoin Mining Ecosystem Map…the other 6 BillionbitcoinThis is about the other 6 Billion…Top NFT ProjectsBusiness CyclesCentral’s Bank’s 3 StrategiesGlobal DebtDefender of the FlowerFlower of LifeSacred GeometrySeed & Flower of LifeKnowledge – An Antidote to FearJOIN THE REVOLUTION 😋 🤣 😋Emotion – Judgement – Action…violent recolution inevitable.E S B IEvery generation…LOVE YOUR RAGE NOT YOUR CAGERevolutionThe Times – January 3, 2009REVOLUTIONBitcoin Genesis Block – 03 January 2009Introduction to BitcoinIntroduction to Decentralized FinanceIntroduction to Digital CurrenciesAll Metals We MinedMap to Multiplication Nikola TeslaTop VC’s Investing in BlockChain CompaniesAthmospheres of the Solar SystemGlobal GDP 2021Map of CyberSecurity Domains21 QuestionsSix Innovation ModelsWhat May Happen in the next 100 YearsAbstract – “…to pull the body out of dimension so that the person can walk through solid objects such as wooden doors.” Okay 🤯 😳 🤯 ?¿?China’s Social Credit SystemBlockchain Platforms Comparison (BCP)ARISE
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
“Books permit us to voyage through time, to tap the wisdom of our ancestors.
The library connects us with the insight and knowledge, painfully extracted from Nature, of the greatest minds that ever were, with the best teachers, drawn from the entire planet and from all our history, to instruct us without tiring, and to inspire us to make our own contribution to the collective knowledge of the human species.
I think the health of our civilization, the depth of our awareness about the underpinnings of our culture and our concern for the future can all be tested by how well we support our libraries.”
Carl Sagan, “Cosmos”
“The only true Wisdom is in knowing you know nothing.”
Socrates
“Any fool can know.
The point is to understand.”
Albert Einstein
“No thief, however skillful, can rob one of knowledge, and that is why knowledge is the best and safest treasure to acquire.”
L. Frank Baum, The Lost Princess of Oz
“The man of knowledge must be able not only to love his enemies but also to hate his friends.“
Friedrich Nietzsche
“The Seven Social Sins are:
Wealth without work. Pleasure without conscience. Knowledge without character. Commerce without morality. Science without humanity. Worship without sacrifice. Politics without principle.”
From a sermon given by Frederick Lewis Donaldson in Westminster Abbey, London, on March 20, 1925.
Frederick Lewis Donaldson
“Reading furnishes the mind only with materials of knowledge; it is thinking that makes what we read ours.”
John Locke
“Great minds are always feared by lesser minds.”
Dan Brown, “The Lost Symbol (Robert Langdon, #3)”
“I cannot teach anybody anything. I can only make them think.”
Socrates
“Confidence is ignorance.
If you’re feeling cocky, it’s because there’s something you don’t know.”
Eoin Colfer, “Artemis Fowl”
“The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.”
Daniel J. Boorstin
“For me, I am driven by two main philosophies: know more today about the world than I knew yesterday and lessen the suffering of others.
You’d be surprised how far that gets you.”
Neil deGrasse Tyson
“Your assumptions are your windows on the world.
Scrub them off every once in a while, or the light won’t come in.”
Isaac Asimov
“For me, it is far better to grasp the Universe as it really is than to persist in delusion, however satisfying and reassuring.”
Carl Sagan, “The Demon-Haunted World: Science as a Candle in the Dark”
“I mean, you could claim that anything’s real if the only basis for believing in it is that nobody’s proved it doesn’t exist!”
J.K. Rowling
“Knowledge, like air, is vital to life.
Like air, no one should be denied it.”
Alan Moore, “V for Vendetta”
“I have a friend who’s an artist and has sometimes taken a view which I don’t agree with very well.
He’ll hold up a flower and say “look how beautiful it is,” and I’ll agree.
Then he says “I as an artist can see how beautiful this is but you as a scientist take this all apart and it becomes a dull thing,” and I think that he’s kind of nutty.
First of all, the beauty that he sees is available to other people and to me too, I believe.
Although I may not be quite as refined aesthetically as he is …
I can appreciate the beauty of a flower.
At the same time, I see much more about the flower than he sees.
I could imagine the cells in there, the complicated actions inside, which also have a beauty.
I mean it’s not just beauty at this dimension, at one centimeter; there’s also beauty at smaller dimensions, the inner structure, also the processes.
The fact that the colors in the flower evolved in order to attract insects to pollinate it is interesting; it means that insects can see the color.
It adds a question: does this aesthetic sense also exist in the lower forms?
Why is it aesthetic?
All kinds of interesting questions which the science knowledge only adds to the excitement, the mystery and the awe of a flower.
It only adds.
I don’t understand how it subtracts.”
Richard P. Feynman, “The Pleasure of Finding Things Out: The Best Short Works of Richard P. Feynman”
“It takes a very long time to become young.”
Pablo Picasso
“The eye sees only what the mind is prepared to comprehend.”
“Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before.”
Kurt Vonnegut, “Cat’s Cradle”
“I am an atheist, out and out. It took me a long time to say it.
I’ve been an atheist for years and years, but somehow I felt it was intellectually unrespectable to say one was an atheist, because it assumed knowledge that one didn’t have.
Somehow, it was better to say one was a humanist or an agnostic.
I finally decided that I’m a creature of emotion as well as of reason.
Emotionally, I am an atheist.
I don’t have the evidence to prove that God doesn’t exist, but I so strongly suspect he doesn’t that I don’t want to waste my time.”
Isaac Asimov
“An investment in knowledge always pays the best interest.”
Benjamin Franklin, “The Way to Wealth: Ben Franklin on Money and Success”
“What is now proved was once only imagined.”
William Blake
“Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social enviroment.
Most people are incapable of forming such opinions.”
(Essay to Leo Baeck, 1953)
Albert Einstein
“Ignorance more frequently begets confidence than does knowledge: it is those who know little, not those who know much, who so positively assert that this or that problem will never be solved by science.”
Charles Darwin, “The Descent of Man”
“The hardest thing of all is to find a black cat in a dark room, especially if there is no cat.”
Confucius
“I can calculate the motion of heavenly bodies but not the madness of people.”
Isaac Newton
“Knowing is not enough; we must apply. Willing is not enough; we must do.”
Johann Wolfgang von Goethe
“The time will come when diligent research over long periods will bring to light things which now lie hidden.
A single lifetime, even though entirely devoted to the sky, would not be enough for the investigation of so vast a subject…
And so this knowledge will be unfolded only through long successive ages.
There will come a time when our descendants will be amazed that we did not know things that are so plain to them…
Many discoveries are reserved for ages still to come, when memory of us will have been effaced.”
Seneca, “Natural Questions”
“The knowledge of all things is possible.”
Leonardo da Vinci
“To know that you do not know is the best.
To think you know when you do not is a disease.
Recognizing this disease as a disease is to be free of it.”
Lao Tzu
“What transforms this world is — knowledge.
Do you see what I mean?
Nothing else can change anything in this world.
Knowledge alone is capable of transforming the world, while at the same time leaving it exactly as it is.
When you look at the world with knowledge, you realize that things are unchangeable and at the same time are constantly being transformed.”
Yukio Mishima, “The Temple of the Golden Pavilion”
“Doubt … is an illness that comes from knowledge and leads to madness.”
Gustave Flaubert, “Memoirs of a Madman”
“Information is not knowledge.”
Albert Einstein
“The happiness of the drop is to die in the river.”
Imam Al-Ghazali
“Knowledge is a treasure, but practice is the key to it.”
Lao Tzu
“Belief can be manipulated. Only knowledge is dangerous.”
Frank Herbert
“No, our science is no illusion.
But an illusion it would be to suppose that what science cannot give us we can get elsewhere.”
Sigmund Freud, “The Future of an Illusion”
“Nothing that is worth knowing can be taught.”
Oscar Wilde
“I had to deny knowledge in order to make room for faith.”
Immanuel Kant, “Critique of Pure Reason”
“The advancement of science and the diffusion of information [is] the best aliment to true liberty.”
James Madison
“There are in fact two things, science and opinion; the former begets knowledge, the latter ignorance.”
Hippocrates
“Let us tenderly and kindly cherish therefore, the means of knowledge.
Let us dare to read, think, speak, and write .”
John Adams, “The Works Of John Adams”, Second President Of The United States
“Those who know nothing of foreign languages know nothing of their own.”
Johann Wolfgang von Goethe, “Maxims and Reflections”
“How little we know of what there is to know.
I wish that I were going to live a long time instead of going to die today because I have learned much about life in these four days; more, I think than in all other time.
I’d like to be an old man to really know.
I wonder if you keep on learning or if there is only a certain amount each man can understand.
I thought I knew so many things that I know nothing of.
I wish there was more time.”
Ernest Hemingway, “For Whom The Bell Tolls“
“Timendi causa est nescire –
Ignorance is the cause of fear.”
Lucius Annaeus Seneca, “Natural Questions“
“The way of success is the way of continuous pursuit of knowledge.”
Napoleon Hill, “Think and Grow Rich”
“All knowledge that is about human society, and not about the natural world, is historical knowledge, and therefore rests upon judgment and interpretation.
This is not to say that facts or data are nonexistent, but that facts get their importance from what is made of them in interpretation… for interpretations depend very much on who the interpreter is, who he or she is addressing, what his or her purpose is, at what historical moment the interpretation takes place.”
Edward Said
“Scientia potentia est.
Knowledge is power.”
Thomas Hobbes, “Leviathan”
“Ipsa scientia potestas est.”
Knowledge itself is power.
Francis Bacon, “Meditations Sacrae and Human Philosophy Meditations Sacrae and Human Philosophy”
“The only defense against the world is a thorough knowledge of it.”
John Locke, “Some Thoughts Concerning Education”
“All sciences are vain and full of errors that are not born of Experience, the mother of all Knowledge.”
Leonardo da Vinci “Leonardo’s Notebooks”
“Share your knowledge.
It is a way to achieve immortality.”
Dalai Lama XIV
“Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold.”
Leo Tolstoy
“To know that we know what we know, and to know that we do not know what we do not know, that is true knowledge.”
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
” Popular crowdfunding platform GoFundMe blocked the fundraising efforts of the Canadian trucker convoy Friday, preventing its receipt of $10 million in donations, claiming the movement violated its terms of service.”
Down bellow you have a few sources for your choice !!!
It was the people’s choice to spend their hard earned cash for the people that march for F R E E D O M !!!
Here is your system you trust your hard earned money with !!!
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
Power to the PeopleNot by Force but by Free WillThe Choice is always YoursArise…Choose Wisely…People do not understand the Monetary SystemPrivacy is not Secrecy.VeritasBitcoin cannot be ShutDownPower of the long tailCypherPunks Write Codebitcoin Genesis Block
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
Bitcoin is not Abracadabra… but Bitcoin can be Avada Kedavra for the current Banking system!
Bitcoin is not Magic… but it can be for Muggles!
Bitcoin is not an “Investment” … but educating yourself about bitcoin can be!
Bitcoin is not an “Investment”… but knowing the basics and being educated about it, lowers the chances of loosing your hard earned money!
Bitcoin is not an “Investment”… but staking Sats proved to be a preety good Strategy in the Long Term!
Bitcoin is not digital money… but it’s ons of it’s first applications!
Bitcoin is not money… but is Money for the Internet!
Bitcoin is not PRICE !!!
Bitcoin is not PRICE… but the market is driven mostly by FUD & FOMO people
Fear Uncertainty Doubt
bring the market Down
Fear Of Missing Out
bring the market Up
Bitcoin is not a “Get Rich Quick Scheme” and the one’s that got rich were the one’s that were there from the begining…
Bitcoin is not voodoo people, magic people… but a bunch of smart geeks & nerds that support the bitcoin’s philosophy and what it stands for…
Bitcoin is not under no juridstiction… but it is a global p2p network of like-minded people that with the power of their equipment sustain, mantain and make the bitcoin network stronger and more decentralized!
Bitcoin is not a Coin… but an entry in a digital ledger!
Bitcoin is not illegal activity money… but bitcoin can be used in such activity… Reports show that FIAT is still the No. #1 choice for “Evil Doers” as it doens’t have an public, open and visible ledger … Duh…
Bitcoin is not evil… but bitcoin can be used to do evil! As does a Pen! It can be used to do evil! How, you would ask? If I take this ✏ and stick it up your a… who is Evil ?!? The One who invented the pen? The Pen? Me? Your a.. cause it was in the way 🤣 Perspective is a matter of opinion…
Bitcoin is not News… but instead read pools, github, exchanges, wallets… They are the ones that pave the way where bitcoin could, should or would go!
Bitcoin is not DEAD… It was already declared Dead 441 times!
1 – Bitcoin consumes too much electricity, they don’t understand POW!
2 – Bitcoin isn’t a government backed currency, you should ask who backs their government… If the answer is the Army…
3 – Bitcoin isn’t backed by gold like the the US$… Neither is the $ since ’71
4 – Bitcoin isn’t real because I can’t see it… 80% of world’s money is Digital…
5 – Bitcoin isn’t a store of value as good as Gold is… Gold had thousands of years to prove that, bitcoin only 13… give it time! It already proved a lot !!!
6 – Bitcoin’s inventor is annonymous and can’t be trusted… Who invented money then? How do money come up into existance?
7 – Bitcoin will never be largely accepted because it isn’t issued by a government… You know what else wasn’t issued by no government ? Cars, Electricity, Steam Engine, Facebook, Uber, Google, Amazon, etc bla bla bla
8 – Bitcoin can’t be a currency cause I can’t buy anything with it… I think I have shared a list with places that you can buy things with bitcoin…Quite a few!!!
9 – Whales… Beware of yapidi yap of whales cause they say one and do the opposite 🙂 😉 !!!
9 – Bitcoin is not this, bitcoin is not that but they all swarm around the bee’s honeypot as if it were honey 🤣🤣🤣
I forgot…In the meantime, little unsignificant countries like El Salvador, mine bitcoin with 🌋 !!!
And still newspapers, investors that bite their whatever not having invested when it was under $1, and a hole portion of the world are all saying…
Etc bla bla bla Yapidi Yapidi Yap
Never Forget The Golden Rules:
Not Your Keys, Not Your Crypto!!!
Don’t Trust, Verify!!!
Don’t Believe, Do your own Resesearch and due diligence!!!
Save your Wallet’s Mnemonic Phrase in at least 3 places for safe-keeping!!!
WE ARE SATOSHI
When you’re ready…Timothy C. MayHal Finney
Poem of the Legacy
From the ashes of the long forgotten past, A bright mind wrote a code that would for ever last… A code so powerful and strong, That would change the world for oh so long…
The code he wrote and set it free, For the humankind legacy to be… To change the lives of future generations to come, He wrote the code and he was gone…
Oh, bright mind your legacy will last, For generations to come and be thankful about the past… Nobody knows who you might be, Some do and say Kudos to You for Ethernity!
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all … Continue reading What is Bretton Woods ?!?→
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
Bitcoin’s most recent halving occurred on May 11, 2020. To explain what a Bitcoin halving is, we must first explain a bit about how the Bitcoin network operates.
Bitcoin’s underlying technology, blockchain, basically consists of a collection of computers (or nodes) that run Bitcoin’s software and contain a partial or complete history of transactions occurring on its network.
Each full node, or a node containing the entire history of transactions on Bitcoin, is responsible for approving or rejecting a transaction in Bitcoin’s network.
To do that, the node conducts a series of checks to ensure that the transaction is valid. These include ensuring that the transaction contains the correct validation parameters, such as nonces, and does not exceed the required length.
A transaction occurs only after all the parties operating in Bitcoin’s network approve it within the block on which the transaction exists. After approval, the transaction is appended to the existing blockchain and broadcast to other nodes.
The blockchain serves as a pseudonymous record of transactions (i.e., its contents are visible to everyone, but it is difficult to identify transacting parties in the network). This is because the blockchain assigns encrypted addresses to each transacting party in the network. That said, even those who do not participate in the network as a node or miner can view these transactions taking place live by looking at block explorers.
More computers (or nodes) added to the blockchain increase its stability and security.
There are currently 12,035 nodes estimated to be running Bitcoin’s code. Though anyone can participate in Bitcoin’s network as a node, as long as they have enough storage to download the entire blockchain and its history of transactions, not all of them are miners.
KEY TAKEAWAYS
A Bitcoin halving event is when the reward for mining bitcoin transactions is cut in half.
This event also cuts in half Bitcoin’s inflation rate and the rate at which new bitcoins enter circulation.
Both previous halvings have correlated with intense boom and bust cycles that have ended with higher prices than prior to the event.
Bitcoin last halved on May 11, 2020, around 3 p.m. EST, resulting in a block reward of 6.25 BTC.
Bitcoin Mining
Bitcoin mining is the process by which people use their computers to participate in Bitcoin’s blockchain network as a transaction processor and validator.
Bitcoin uses a system called proof of work (PoW). This means that miners must prove they have put forth effort in processing transactions to be rewarded. This effort includes the time and energy it takes to run the computer hardware and solve complex equations.
Faster computers with certain types of hardware yield larger block rewards and some companies have designed computer chips specifically built for mining. These computers are tasked with processing Bitcoin transactions, and they are rewarded for doing so.
The term mining is not used in a literal sense but as a reference to the way precious metals are gathered.
Bitcoin miners solve mathematical problems and confirm the legitimacy of a transaction. They then add these transactions to a block and create chains of these blocks of transactions, forming the blockchain.
When a block is filled up with transactions, the miners that processed and confirmed the transactions within the block are rewarded with bitcoins.
Transactions of greater monetary value require more confirmations to ensure security. This process is called mining because the work performed to get new bitcoins out of the code is the digital equivalent to the physical work done to pull gold out of the Earth.
El Salvador made Bitcoin legal tender on June 9, 2021. It is the first country to do so. The cryptocurrency can be used for any transaction where the business can accept it. The U.S. dollar continues to be El Salvador’s primary currency.
Bitcoin Halving
After every 210,000 blocks mined, or roughly every four years, the block reward given to Bitcoin miners for processing transactions is cut in half.
This cuts in half the rate at which new bitcoins are released into circulation. This is Bitcoin’s way of using a synthetic form of inflation that halves every four years until all bitcoins are released into circulation.
This system will continue until around the year 2140.
At that point, miners will be rewarded with fees for processing transactions, which network users will pay. These fees ensure that miners still have the incentive to mine and keep the network going. The idea is that competition for these fees will cause them to remain low after the halvings are finished.
The halving is significant because it marks another drop in the rate of new Bitcoins being produced as it approaches its finite supply: the total maximum supply of bitcoins is 21 million. As of October 2021, there are about 18.85 million bitcoins already in circulation, leaving just around 2.15 million left to be released via mining rewards.
In 2009, the reward for each block in the chain mined was 50 bitcoins. After the first halving, it was 25, and then 12.5, and then it became 6.25 bitcoins per block as of May 11, 2020.
To put this in another context, imagine if the amount of gold mined out of the Earth was cut in half every four years. If gold’s value is based on its scarcity, then a “halving” of gold output every four years would theoretically drive its price higher.
Coin Metrics logarithmic chart of Bitcoin price action following halvings.
Halving Implications
These halvings reduce the rate at which new coins are created and thus lower the available amount of new supply, even as demand might increase.
This can cause some implications for investors as other assets with low or finite supply, like gold, can have high demand and push prices higher.
In the past, these Bitcoin halvings have correlated with massive surges in Bitcoin’s price.
The first halving, which occurred on Nov. 28, 2012, saw an increase from $12 to $1,217 on Nov. 28, 2013.
The second Bitcoin halving occurred on July 9, 2016. The price at that halving was $647, and by Dec. 17, 2017, a bitcoin’s price had soared to $19,800. The price then fell over the course of a year from this peak down to $3,276 on Dec. 17, 2018, a price 506% higher than its pre-halving price.
The most recent halving occurred on May 11, 2020. On that date, a bitcoin’s price was $8,787. On April 14, 2021, a bitcoin’s price soared to $64,507 (an astonishing 634% increase from its pre-halving price). A month later, on May 11, 2021, a bitcoin’s price was $54,276, representing a 517% increase that seems more consistent with the behavior of the 2016 halving.
On May 12, 2021, Elon Musk, CEO of Tesla, announced that Tesla would no longer accept Bitcoin as payment, resulting in further price fluctuations.
In the week that followed Musk’s statements, the price of a bitcoin plunged below $40,000 after Chinese regulators announced restrictions banning financial institutions and payment companies from providing cryptocurrency-related services.
Though these two announcements may have temporarily created a price drop in Bitcoin, there is the potential that the price fluctuations are more related to the halving behavior we have observed previously.
The theory of the halving and the chain reaction that it sets off works something like this:
The reward is halved → half the inflation → lower available supply → higher demand → higher price → miners incentive still remains, regardless of smaller rewards, as the value of Bitcoin is increased in the process
In the event that a halving does not increase demand and price, then miners would have no incentive. The reward for completing transactions would be smaller, and the value of Bitcoin would not be high enough.
To prevent this, Bitcoin has a process to change the difficulty it takes to get mining rewards, or in other words, the difficulty of mining a transaction.
In the event that the reward has been halved, and the value of Bitcoin has not increased, the difficulty of mining would be reduced to keep miners incentivized.
This means that the quantity of bitcoins released as a reward is still smaller, but the difficulty of processing a transaction is reduced.
This process has proved successful twice. So far, the result of these halvings has been a ballooning in price followed by a large drop.
The crashes that have followed these gains, however, have still maintained prices higher than before these halving events.
For example, as mentioned above, the 2017 to 2018 bubble saw the value of a bitcoin rise to around $20,000, only to fall to around $3,200. This is a massive drop, but a bitcoin’s price before the halving was around $650.3
Though this system has worked so far, the halving is typically surrounded by immense speculation, hype, and volatility, and how the market will react to these events in the future is unpredictable.
The third halving occurred not only during a global pandemic, but also in an environment of heightened regulatory speculation, increased institutional interest in digital assets, and celebrity hype. Given these additional factors, where Bitcoin’s price will ultimately settle in the aftermath remains unclear.
What Happens When Bitcoin Halves?
The term “halving” as it relates to Bitcoin has to do with how many Bitcoin tokens are found in a newly created block.
Back in 2009, when Bitcoin launched, each block contained 50 BTC, but this amount was set to be reduced by 50% roughly every four years.
Today, there have been three halving events, and a block now only contains 6.25 BTC.
When the next halving occurs, a block will only contain 3.125 BTC.
When Have the Halvings Occurred?
The first bitcoin halving occurred on Nov. 28, 2012, after a total of 10,500,000 BTC had been mined. The next occurred on July 9, 2016, and the latest was on May 11, 2020. The next is expected to occur in early 2024.
Why Are the Halvings Occurring Less Than Every Four Years?
The Bitcoin mining algorithm is set with a target of finding new blocks once every 10 minutes.
However, if more miners join the network and add more hashing power, the time to find blocks will decrease.
This is remedied by resetting the mining difficulty (or how hard it is for a computer to solve the mining algorithm) once every two weeks or so to restore a 10-minute target.
As the Bitcoin network has grown exponentially over the past decade, the average time to find a block has consistently remained below 10 minutes (roughly 9.5 minutes).
Does Halving Have Any Effect on the Bitcoin Price?
The price of Bitcoin has risen steadily and significantly from its launch in 2009, when it traded for mere pennies or dollars, to April 2021 when the price of one bitcoin traded for over $63,000.3
Because halving the block reward effectively doubles the cost to miners, who are essentially the producers of bitcoins, it should have a positive impact on price because producers will need to adjust their selling price to their costs.
Empirical evidence does show that Bitcoin prices tend to rise in anticipation of a halvening, often several months prior to the actual event.
What Happens When There Are No More Bitcoins Left in a Block?
Around the year 2140, the last of the 21 million bitcoins ever to be mined will have been mined.
At this point, the halving schedule will cease because there will be no more new bitcoins to be found.
Miners, however, will still be incentivized to continue validating and confirming new transactions on the blockchain because the value of transaction fees paid to miners is expected to rise into the future, the reasons being that a greater transaction volume that has fees will be attached, plus bitcoins will have a greater nominal market value.
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
• Think and Grow Rich (1937) • The Law of Success (1928) • Outwitting the Devil (1938)
Spouse :
Florence Elizabeth Horner (1910–1935)
Rosa Lee Beeland (1937–1940?)
Annie Lou Norman (1943–1970)
Children : 3
Hill is, in modern times, a controversial figure.
Accused of fraud, modern historians also doubt many of his claims, such as that he met Andrew Carnegie and that he was an attorney.
Gizmodo has called him "the most famous conman you've probably never heard of".
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What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that … Continue reading 20 Security Rules for bitcoin→
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BitHouse 