Cardano is Crap

Alt coins are on anouther teir as of recent with Ripple taking 2nd place and Cardano apearing in the top 5, surprisingly above litecoin. Investors need to make sure they understand what they are doing and research their coins. Cardano and it's currecy called Ada is underdeveloped and imature and unlikely to prove itself. Even it's web site show a clear lack of direction. The writting is ruffer than mine.

People should understand that computer security involves having the most comitted developers, the smallest attack surface and the most processor cycles. Decentralisation is also an important part of the movement and it's strength.

In my opinion Ripple and Cardano are over rated.

Reddcoin is the Bestcoin

I have liked this coin for a long time, last time I checked it was down 30%. I should have grabed some because last week it was up big, 500%! But its not that or the flash website caught my interest origionally, it's PoSV. This rewards people who run nodes for spending their money with people who need it. It brings a super modern perspective on economics and fair and even wealth distribution. It has a white paper, read about it.

Bitcoins Net Neutrality Side Step

Whilst net nuetrality is debated and put under threat the bitcoin infrastructure has already set up viable alternatives to side step a potential shut down of the internet as we know it. Satellites are up and running. Short wave moon bouncing and blue tooth mesh networks are other viable options. With these maybe even shutting down the internet will not stop crypto currency.

Crypto World Problems #2

Crypto World Problems #1

Collecting your Byteball and Clams

Byteball was easy to download and figure out. It's a great app on your phone. the only problem for me is that my bitcoin is all spread out and I think supper secure, so its not easy to collect my bytballs. you want to have all your bitcoin in a just a few digital wallets to do it.

Clams clamed up my hard drive, I lost the shortcut after a crash, It wouldn't sinc, still haven't bothered to get it going yet. This is what it looks like. It's a core client re-skin.

I hope all the other bitcoin forks will be easier to get out otherwise I'm afraid we might end up autoholding because it takes to much effort and compromises too much security to cash out. I think that's bullish for bitcoin gold.

Governments of the Future - No More Oil Tycoons

Old wealth was traditionally last century controlled by the people who found oil. This century new wealth is with tech people. This is stepping up with people who found bitcoin, with people who can code computers and understand cryptocurrency. In a way, bitcoin and cryptocurrency is a continuation of the tech boom. The knowledge well and the wealth influence becoming more monetised. This is only the beginning and can bring a big cultural change in the world.

We should take some time to consider not only how bitcoin change the way this new wealth is stored, but the cultural impact on a society which could be ceding a significant amount of control to a new type of person. The young computer magicians rather than the landowners and frontier tycoons. Even though our countries are mostly democratic, wealth and tax collection have a big influence and this combination should have a large impact on the governments of the future.

As we have discussed briefly in previous posts, bitcoin cannot be taken by force. As first the difference here can seem subtle but it is important. Governments will have to collect tax from people who want to pay it rather than those who just feel implicated. They will not be able to easily force and confiscate payment so they will have to become more appealing. We will feel happy to provide funds for the common good.

I look forward to more solar panels and space travel, less pollution and war.