The Bitcoin Revolution ~ Stefan Molyneux THE FINANCIAL ...

How to effectively study and internalize a large number of unrelated subjects, both trp and non-trp topics?

I've always been a poor learner, never been good with learning strategies. Always had a procrastination problem too, thinking "I want to learn more about that" but never taking action.
Now, after swallowing the red pill, and perusing the manosphere, I find myself in contact with a lot more learning material. Obviously the bulk of it is trp-related, but there's a lot of things that get brought up all the time in discussions. Then there is material that are rarely brought up, maybe just casually thrown around in a comment, but worth knowing.
For example here are some topics I've come into contact with recently. Some have surfaced as a result of casual browsing on previous topics. Some are full blown topics unrelated to trp, and some just from passing comments.
Take something like feminism, generally antagonized in the manosphere. Someone might make a post that criticizes it. I can understand they're right and upvote accordingly, but I wouldn't be able to make such a critique myself. You then frequently find people, NPC's if you will, who just sound off in the comments with trite "feminism bad". I want to learn both sides, perhaps even able to debate someone on even why it's good, and not just why it's bad. And it's not just feminism, all of the subjects above.
Thanks to trp and the manosphere one has easy access to thought leaders of many disparate fields, but I want to become such a thought leader myself. My reasoning, why be mediocre, uninformed, reliant on thought leaders to analyze issues for me, when I owe it to myself to be as informed and knowledgeable as I can.
I am mainly asking about learning strategies, not so much help with trp. What is the best way to study said knowledge? Notebooks - that's a lot of notebooks. What if halfway through I want to correct previous notes because I got information from the wrong sources? Loose leaf, maybe that would be better. Or maybe set up a personal wiki which I'm leaning towards, but I don't want to be too reliant on technology. It's harder to visualize compared to physical notes, not a dealbreaker though.
Can someone offer thoughts on effective study strategies?
submitted by ExpertYak4 to asktrp [link] [comments]

How to follow, study and keep up to date with the Ethereum project. This info or link might help with newbies or people you would like to send info to regarding what ethereum is.

Iv been asked to put together some info / links on the Ethereum Project by a few people lately that iv met or talked to and since its Sunday and i got a half day from work here it is:
I emailed them and then pasted it here so sorry if its a bit clumped together. Cant get the grasp of how reddit breaks up sentances 8-()
https://www.ethereum.org/ Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
The project was bootstraped via an ether pre-sale during August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.
Ethereum Blog: https://blog.ethereum.org/
Note: This is not investment advise, This email is just to show you what Ethereum is, what these 1000's of computer scientists, developers, programmers and hackers are building. A whole new internet run from millions of peoples computers all over the world to create the "Ethereum Virtual Machine" or world computer that 7 Billion people can log onto at the same time. It is censorship resistant, encrypted and the Ethereum Blockchain can not be hacked. This is going to change the world as we know it.
There is a built in currency called "Ether" or "ETH" and can be purchased from any of many exchanges listed below.
Note 2: ETC or Ethereum Classic is a smaller blockchain project that also uses the EVM (Ethereum Virtual Machine) and id advise to stay away from that project, it has not got the 1000's of developers building it like ETH does, it apparently has one or 2 developers that went their own way, The EVM can also run private and consortium blockchains that alot of big and small companies are building on for their inhouse private operations. Like a Intranet (intranet is a private network that is contained within an enterprise)
Its very hard to understand at first what exactly blockchain is so here are some videos that i think explains it well:
BBC 2015 https://www.youtube.com/watch?v=0X33lgMbvdI
Ethereum: the World Computer https://www.youtube.com/watch?v=j23HnORQXvs
An Ethereum Interview Series // Teaser from the recent Devcon2 https://www.youtube.com/watch?v=gHseIdJ0SJU
What is Ethereum? https://www.youtube.com/watch?v=Clw-qf1sUZg&t=123s
ETHEREUM explained in 100 seconds. https://www.youtube.com/watch?v=eRDKP8nCVtU
Vitalik Buterin explains Ethereum https://www.youtube.com/watch?v=TDGq4aeevgY
DEVCON1: Understanding the Ethereum Blockchain Protocol - Vitalik Buterin
https://www.youtube.com/watch?v=gjwr-7PgpN8
2016 China Devcon2: Ethereum in 25 Minutes https://www.youtube.com/watch?v=66SaEDzlmP4&t=1s
Joseph Lubin - The Basics of Blockchain and Etherum https://www.youtube.com/watch?v=0ilYnuP1qd4&t=50s
DEVCON1: Ethereum for Dummies - Dr. Gavin Wood https://www.youtube.com/watch?v=U_LK0t_qaPo
Blockchain is Eating Wall Street | Alex Tapscott | https://www.youtube.com/watch?v=WnEYakUxsHU
How the mysterious dark net is going mainstream https://www.youtube.com/watch?v=pzN4WGPC4kc&t=378s
The four pillars of a decentralized society | Johann Gevers https://www.youtube.com/watch?v=8oeiOeDq_Nc
Gavin Wood: Why is Blockchain a game changer? https://www.youtube.com/watch?v=ygZWhQXZtl4&t=188s
Brock Pierce: Blockchain technology https://www.youtube.com/watch?v=3lMvo0PPxjQ&t=619s
2014 Keiser Report: New Crypto Phenomenon Ethereum https://www.youtube.com/watch?v=hdAnyC45ZbU (starts at about 12 mins)
Devcon2 Videos from 2016 https://www.youtube.com/channel/UCNOfzGXD_C9YMYmnefmPH0g/videos
Devcon1 and other Ethereum Videos from 2014 & 15 https://www.youtube.com/useethereumproject/videos
Soundcloud: (these are great with Arthur speaking directly to Developers that are building on Ethereum)
The Ether Review - Arthur Falls https://soundcloud.com/arthurfalls
ConsenSys Media - Arthur Falls https://soundcloud.com/consensys
Evan Van Ness sends out "The week in Ethereum" latest here: http://www.weekinethereum.com/
Id highly recommend subscribing to his news letter here http://evanvanness.us14.list-manage1.com/subscribe?u=4c6ec57a148e890524b6ac91f&id=7061f7fa65
Ethereum Rules and Getting Started Guide https://www.reddit.com/ethereum/comments/4ws9um/rethereum_rules_and_getting_started_guide/
Reddit:
https://www.reddit.com/ethereum/new/ News, development and everything apart from price. Most news about Ethereum can be found here daily
https://www.reddit.com/ethtradenew/ price and trading discussions
Ethereum News commentators i watch:
Crypt0 https://www.youtube.com/useobham001/videos
Mr Yukon C https://www.youtube.com/channel/UClfAgeZvfwC9hcJrFisW8cQ/videos
Ethereum people to follow on twitter to get linked and fed important blockchain info:
@SingularDTV @golemproject @ethcoreproject @MrYukonC @EthereumCanada @ConsenSysLLC @R3CEV @DigixGlobal @AugurProject @NickSzabo4 @ethereumJoseph @Gatecoin @aantonop @BobSummerwill @GeorgeAHallam @el33th4xor @awrelllRo @mingchan88 @peter_szilagyi @koeppelmann @LefterisJP @stephantual @wmougayar @jeffehh @TaylorGerring @avsa (there is plenty more i just don't have them on my twitter yet)
To run a node from your computer you can download the "Ethereum Wallet" here: https://github.com/ethereum/mist/releases
Instructions:
How to Install the Ethereum Wallet https://www.youtube.com/watch?v=Y3JfLgjqNU4&t=7s
How to Back up and load the Ethereum Wallet https://www.youtube.com/watch?v=CZ8ZCtbxD0M&t=2s
How To Watch Tokens and Other Smart Contracts with the Ethereum Wallet https://www.youtube.com/watch?v=V_KJ84jkPi8
Ethereum and other blockchain project prices http://coinmarketcap.com/
There are many exchanges that trade Ether around the world http://coinmarketcap.com/currencies/ethereum/#markets
Some ones i have used are: www.kraken.com Accepts Euro, Dollar, GBP etc.. by SEPA or international bank transfer and you can buy Ether
www.poloniex.com (does not accept fiat but it is the largest volume for trading crypto pairs, I have used www.bitstamp.net in the UK to buy Bitcoin and then send them to Poloniex to swap for Ether )
www.yunbi.com A very good exchange based in China and have listed a few ethereum tokens, you need to swap through CNY (Chinese Yuan) but its easy and very good support.
www.bittrex.com No Fiat but also lists some Ethereum Based tokens
www.gatecoin.com Based in Hong Kong and you can send Euro and Dollar, Also lists alot of Ethereum Based tokens, Volume is very low at the moment as they recover from a hack but they offer very good support.
The safest place to store you Ether is on a hardware wallet like this one https://www.ledgerwallet.com/products/12-ledger-nano-s.
You can also store all you Ethereum based tokens or shares on this device https://ledger.groovehq.com/knowledge_base/topics/how-to-secure-your-eth-tokens-augur-rep-dot-dot-dot-with-your-nano-s
The way "I view" the incentive to keep Ether (ETH) is the following and the reason i think it will go up in value is because of "The velocity of Ether moving through the Ethereum economy (Platform)". So the more Ether is used the higher the price will get and in a number of years will see us move down to the lower units finney, szabo, shannon, babbage, lovelace, and wei as the digital economy grows. Ether has 18 decimal places 1,000,000,000,000,000,000. Because after POS Ether total supply will be set at approx. 100 Million with a small inflation of 1 to 3% that pays the computers running it.
So ether will be more like the reserve currency and trade currency between all the other currencies, contracts and Dapps interacting in the Ethereum digital economy. But its main function is like a gas to run the network. Every transaction you have to pay a tiny amount to the network that goes to all the computers running the network. less than 1 penny.
Ethereum Based Tokens / Synthetic assets (What is a Synthetic Asset https://www.youtube.com/watch?v=St9DBpNBP1Q)
On coinmarketcap.com you can see there are 642 other Blockchain projects listed and some like Bitcoin are 8 years old. 90%+ of these projects are junk projects developed by 1 or 2 people and are just copies of Bitcoin. Some have added extra functions over Bitcoin and Bitcoin is a very secure but slow payment DAPP but cant do much else besides payments.
Ethereum was built from scratch and is built like lets say "android or a smart phone" so that DAPPS can be plugged in as you should have heard from the above videos. So there are now a good few DAPPS that are nearly completion that were built on the ethereum blockchain by different groups of developers. There are alot more but 328 are listed here: http://dapps.ethercasts.com/. So there is not just 643 blockchain projects there are over 1000 but all the ones on Ethereum can communicate or interoperate with eachother. Some notable ones you can see listed on coinmarketcap are Augur, Iconomi, DigixDAO, Golem, SingularDTV etc..... All these because they are built on the Ethereum blockchain can interact with eachother but the other 600+ blockchains can not. This is what makes Ethereum different from the rest.
As DigixDAO is the one i have studied most ill give an example of a DAPP thats built on Ethereum and why a DAPP would be usefull
In industry most work is automated, the operators no longer have to take process samples manually and send to the lab or go and top up a tank manually with certain additives, This is all done by automation, When the process is at a certain temperate, level, viscosity etc.. the instrumentation measures this and adds or pumps the necessary ingredients / additives to make sure the final product is made correctly. This automation has saved alot of costs and manual labour in industry.
What Digix / blockchain is doing is automating alot of the back office paperwork, accounting, agreements etc... Example: company that owns a gold vault (Like Silver Bullion) have employees handling paperwork / sales etc and when people sell and buy gold it changes hands or changes registered ownership and the employees have to manually do this paperwork. What Digix provides is automated software that does all this automatically in 14 seconds. For billing / storage if you have gold stored in the vault you pay about 1% a year so you know if you have $10,000 worth of gold then you need to pay about $100 a year which you pay by topping up your gold (DGX) by $100 and its taken out automatically each day by a tiny tiny amount.
The good thing is that if you have Gold Tokens as your savings instead of Fiat and you need to borrow $ short term you can borrow $ by agreeing to lock your Gold Tokens in a smart contract in the software and pay interest for that loan. If you pay back the loan over 3 months then the gold tokens are automatically returned to your address and you havent missed a gold rally or a Fiat devaluation. If you dont pay it back then the person who lent you the $ gets all your gold (or the % not paid) Again this process is automated in a smart contract and the bullion employee didnt have to settle all the paperwork, transfers of gold or get contracts and agreements signed by both parties, This is done by digital signature / agreements and saves the Vault operator alot of costs.
The vault operator can also earn a bit of the loans interest and $ can be provided by them or even 3rd parties. Using the Ethereum blockchain this can be done for lots of different industries from banking, stocks, insurance, gambling, pritty much everywhere
Other non Ethereum related Youtube people i follow, mainly Economics, Geo-politics, Gold / Silver etc.... These people give some very good info that you wont get from the big media companies or state media. Maybe this will help you understand why you should not keep 100% of your wealth in $ and maybe a few % is worth keeping in Crypto or ever Gold Physical or easier DGX (DigixDAO) or DGD.
Greg Hunter https://www.youtube.com/useusawatchdog/videos
Gerald Celente Trends in the News https://www.youtube.com/usegcelente/videos
Gregory Mannarino https://www.youtube.com/useGregVegas5909/videos
Realist News Jsnip4 https://www.youtube.com/usejsnip4/videos
SGT Report https://www.youtube.com/useSGTbull07/videos
Stefan molyneux https://www.youtube.com/usestefbot/videos
X22 Report https://www.youtube.com/useX22Report/videos
Clif High https://www.youtube.com/results?search_query=clif+high
Noem Chomsky https://www.youtube.com/results?search_query=noem+chomsky
Health
Dr John Bergman https://www.youtube.com/usejohnbchiro/videos
Nutrition Facts Org https://www.youtube.com/useNutritionFactsOrg/videos
Any questions just ask
submitted by TonyMcCarp to ethereum [link] [comments]

How to follow, study and keep up to date with the Ethereum project. This info or link might help with newbies or people you would like to send info to regarding what ethereum is.

Iv been asked to put together some info / links on the Ethereum Project by a few people lately that iv met or talked to and since its Sunday and i got a half day from work here it is:
https://www.ethereum.org/ Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
The project was bootstraped via an ether pre-sale during August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.
Ethereum Blog: https://blog.ethereum.org/
Note: This is not investment advise, This email is just to show you what Ethereum is, what these 1000's of computer scientists, developers, programmers and hackers are building. A whole new internet run from millions of peoples computers all over the world to create the "Ethereum Virtual Machine" or world computer that 7 Billion people can log onto at the same time. It is censorship resistant, encrypted and the Ethereum Blockchain can not be hacked. This is going to change the world as we know it.
There is a built in currency called "Ether" or "ETH" and can be purchased from any of many exchanges listed below.
Note 2: ETC or Ethereum Classic is a smaller blockchain project that also uses the EVM (Ethereum Virtual Machine) and id advise to stay away from that project, it has not got the 1000's of developers building it like ETH does, it apparently has one or 2 developers that went their own way, The EVM can also run private and consortium blockchains that alot of big and small companies are building on for their inhouse private operations. Like a Intranet (intranet is a private network that is contained within an enterprise)
Its very hard to understand at first what exactly blockchain is so here are some videos that i think explains it well:
BBC 2015 https://www.youtube.com/watch?v=0X33lgMbvdI
Ethereum: the World Computer https://www.youtube.com/watch?v=j23HnORQXvs
An Ethereum Interview Series // Teaser from the recent Devcon2 https://www.youtube.com/watch?v=gHseIdJ0SJU
What is Ethereum? https://www.youtube.com/watch?v=Clw-qf1sUZg&t=123s
ETHEREUM explained in 100 seconds. https://www.youtube.com/watch?v=eRDKP8nCVtU
Vitalik Buterin explains Ethereum https://www.youtube.com/watch?v=TDGq4aeevgY
DEVCON1: Understanding the Ethereum Blockchain Protocol - Vitalik Buterin
https://www.youtube.com/watch?v=gjwr-7PgpN8
2016 China Devcon2: Ethereum in 25 Minutes https://www.youtube.com/watch?v=66SaEDzlmP4&t=1s
Joseph Lubin - The Basics of Blockchain and Etherum https://www.youtube.com/watch?v=0ilYnuP1qd4&t=50s
DEVCON1: Ethereum for Dummies - Dr. Gavin Wood https://www.youtube.com/watch?v=U_LK0t_qaPo
Blockchain is Eating Wall Street | Alex Tapscott | https://www.youtube.com/watch?v=WnEYakUxsHU
How the mysterious dark net is going mainstream https://www.youtube.com/watch?v=pzN4WGPC4kc&t=378s
The four pillars of a decentralized society | Johann Gevers https://www.youtube.com/watch?v=8oeiOeDq_Nc
Gavin Wood: Why is Blockchain a game changer? https://www.youtube.com/watch?v=ygZWhQXZtl4&t=188s
Brock Pierce: Blockchain technology https://www.youtube.com/watch?v=3lMvo0PPxjQ&t=619s
2014 Keiser Report: New Crypto Phenomenon Ethereum https://www.youtube.com/watch?v=hdAnyC45ZbU (starts at about 12 mins)
Devcon2 Videos from 2016 https://www.youtube.com/channel/UCNOfzGXD_C9YMYmnefmPH0g/videos
Devcon1 and other Ethereum Videos from 2014 & 15 https://www.youtube.com/useethereumproject/videos
Soundcloud: (these are great with Arthur speaking directly to Developers that are building on Ethereum)
The Ether Review - Arthur Falls https://soundcloud.com/arthurfalls
ConsenSys Media - Arthur Falls https://soundcloud.com/consensys
Evan Van Ness sends out "The week in Ethereum" latest here: http://www.weekinethereum.com/
Id highly recommend subscribing to his news letter here http://evanvanness.us14.list-manage1.com/subscribe?u=4c6ec57a148e890524b6ac91f&id=7061f7fa65
Ethereum Rules and Getting Started Guide https://www.reddit.com/ethereum/comments/4ws9um/rethereum_rules_and_getting_started_guide/
Reddit:
https://www.reddit.com/ethereum/new/ News, development and everything apart from price. Most news about Ethereum can be found here daily
https://www.reddit.com/ethtradenew/ price and trading discussions
Ethereum News commentators i watch:
Crypt0 https://www.youtube.com/useobham001/videos
Mr Yukon C https://www.youtube.com/channel/UClfAgeZvfwC9hcJrFisW8cQ/videos
Ethereum people to follow on twitter to get linked and fed important blockchain info:
@SingularDTV @golemproject @ethcoreproject @MrYukonC @EthereumCanada @ConsenSysLLC @R3CEV @DigixGlobal @AugurProject @NickSzabo4 @ethereumJoseph @Gatecoin @aantonop @BobSummerwill @GeorgeAHallam @el33th4xor @awrelllRo @mingchan88 @peter_szilagyi @koeppelmann @LefterisJP @stephantual @wmougayar @jeffehh @TaylorGerring @avsa (there is plenty more i just don't have them on my twitter yet)
To run a node from your computer you can download the "Ethereum Wallet" here: https://github.com/ethereum/mist/releases
Instructions:
How to Install the Ethereum Wallet https://www.youtube.com/watch?v=Y3JfLgjqNU4&t=7s
How to Back up and load the Ethereum Wallet https://www.youtube.com/watch?v=CZ8ZCtbxD0M&t=2s
How To Watch Tokens and Other Smart Contracts with the Ethereum Wallet https://www.youtube.com/watch?v=V_KJ84jkPi8
Ethereum and other blockchain project prices http://coinmarketcap.com/
There are many exchanges that trade Ether around the world http://coinmarketcap.com/currencies/ethereum/#markets
Some ones i have used are: www.kraken.com Accepts Euro, Dollar, GBP etc.. by SEPA or international bank transfer and you can buy Ether
www.poloniex.com (does not accept fiat but it is the largest volume for trading crypto pairs, I have used www.bitstamp.net in the UK to buy Bitcoin and then send them to Poloniex to swap for Ether )
www.yunbi.com A very good exchange based in China and have listed a few ethereum tokens, you need to swap through CNY (Chinese Yuan) but its easy and very good support.
www.bittrex.com No Fiat but also lists some Ethereum Based tokens
www.gatecoin.com Based in Hong Kong and you can send Euro and Dollar, Also lists alot of Ethereum Based tokens, Volume is very low at the moment as they recover from a hack but they offer very good support.
The safest place to store you Ether is on a hardware wallet like this one https://www.ledgerwallet.com/products/12-ledger-nano-s.
You can also store all you Ethereum based tokens or shares on this device https://ledger.groovehq.com/knowledge_base/topics/how-to-secure-your-eth-tokens-augur-rep-dot-dot-dot-with-your-nano-s
The way "I view" the incentive to keep Ether (ETH) is the following and the reason i think it will go up in value is because of "The velocity of Ether moving through the Ethereum economy (Platform)". So the more Ether is used the higher the price will get and in a number of years will see us move down to the lower units finney, szabo, shannon, babbage, lovelace, and wei as the digital economy grows. Ether has 18 decimal places 1,000,000,000,000,000,000. Because after POS Ether total supply will be set at approx. 100 Million with a small inflation of 1 to 3% that pays the computers running it.
So ether will be more like the reserve currency and trade currency between all the other currencies, contracts and Dapps interacting in the Ethereum digital economy. But its main function is like a gas to run the network. Every transaction you have to pay a tiny amount to the network that goes to all the computers running the network. less than 1 penny.
Ethereum Based Tokens / Synthetic assets (What is a Synthetic Asset https://www.youtube.com/watch?v=St9DBpNBP1Q)
On coinmarketcap.com you can see there are 642 other Blockchain projects listed and some like Bitcoin are 8 years old. 90%+ of these projects are junk projects developed by 1 or 2 people and are just copies of Bitcoin. Some have added extra functions over Bitcoin and Bitcoin is a very secure but slow payment DAPP but cant do much else besides payments.
Ethereum was built from scratch and is built like lets say "android or a smart phone" so that DAPPS can be plugged in as you should have heard from the above videos. So there are now a good few DAPPS that are nearly completion that were built on the ethereum blockchain by different groups of developers. There are alot more but 328 are listed here: http://dapps.ethercasts.com/. So there is not just 643 blockchain projects there are over 1000 but all the ones on Ethereum can communicate or interoperate with eachother. Some notable ones you can see listed on coinmarketcap are Augur, Iconomi, DigixDAO, Golem, SingularDTV etc..... All these because they are built on the Ethereum blockchain can interact with eachother but the other 600+ blockchains can not. This is what makes Ethereum different from the rest.
As DigixDAO is the one i have studied most ill give an example of a DAPP thats built on Ethereum and why a DAPP would be usefull
In industry most work is automated, the operators no longer have to take process samples manually and send to the lab or go and top up a tank manually with certain additives, This is all done by automation, When the process is at a certain temperate, level, viscosity etc.. the instrumentation measures this and adds or pumps the necessary ingredients / additives to make sure the final product is made correctly. This automation has saved alot of costs and manual labour in industry.
What Digix / blockchain is doing is automating alot of the back office paperwork, accounting, agreements etc... Example: company that owns a gold vault (Like Silver Bullion) have employees handling paperwork / sales etc and when people sell and buy gold it changes hands or changes registered ownership and the employees have to manually do this paperwork. What Digix provides is automated software that does all this automatically in 14 seconds. For billing / storage if you have gold stored in the vault you pay about 1% a year so you know if you have $10,000 worth of gold then you need to pay about $100 a year which you pay by topping up your gold (DGX) by $100 and its taken out automatically each day by a tiny tiny amount.
The good thing is that if you have Gold Tokens as your savings instead of Fiat and you need to borrow $ short term you can borrow $ by agreeing to lock your Gold Tokens in a smart contract in the software and pay interest for that loan. If you pay back the loan over 3 months then the gold tokens are automatically returned to your address and you havent missed a gold rally or a Fiat devaluation. If you dont pay it back then the person who lent you the $ gets all your gold (or the % not paid) Again this process is automated in a smart contract and the bullion employee didnt have to settle all the paperwork, transfers of gold or get contracts and agreements signed by both parties, This is done by digital signature / agreements and saves the Vault operator alot of costs.
The vault operator can also earn a bit of the loans interest and $ can be provided by them or even 3rd parties. Using the Ethereum blockchain this can be done for lots of different industries from banking, stocks, insurance, gambling, pritty much everywhere
Other non Ethereum related Youtube people i follow, mainly Economics, Geo-politics, Gold / Silver etc.... These people give some very good info that you wont get from the big media companies or state media. Maybe this will help you understand why you should not keep 100% of your wealth in $ and maybe a few % is worth keeping in Crypto or ever Gold Physical or easier DGX (DigixDAO) or DGD.
Greg Hunter https://www.youtube.com/useusawatchdog/videos
Gerald Celente Trends in the News https://www.youtube.com/usegcelente/videos
Gregory Mannarino https://www.youtube.com/useGregVegas5909/videos
Realist News Jsnip4 https://www.youtube.com/usejsnip4/videos
SGT Report https://www.youtube.com/useSGTbull07/videos
Stefan molyneux https://www.youtube.com/usestefbot/videos
X22 Report https://www.youtube.com/useX22Report/videos
Clif High https://www.youtube.com/results?search_query=clif+high
Noem Chomsky https://www.youtube.com/results?search_query=noem+chomsky
Health
Dr John Bergman https://www.youtube.com/usejohnbchiro/videos
Nutrition Facts Org https://www.youtube.com/useNutritionFactsOrg/videos
Any questions just ask
submitted by TonyMcCarp to Futurology [link] [comments]

FROM THE MAKER OF 'STATISM: THE MOST DANGEROUS RELIGION'

As a follow up/sequel (of sorts) to 'Statism: The Most Dangerous Religion' (https://www.youtube.com/watch?v=N6uVV2Dcqt0), I am currently working on a documentary length (60-90 minutes long) production with a working title of 'Voluntaryism: An Idea Whose Time Has Come' (although I am also considering the title 'Liberty Rising: The Philosophy of Anarcho-Capitalism'.
The film will be aimed at people who are either completely new to the philosophy of voluntaryism/anarcho-capitalism, or who are half way to becoming voluntaryists/anarcho-capitalists (i.e. current minarchists), and it will guide the viewer through the philosophical groundwork of voluntaryism/anarcho-capitalism, from the non-aggression principle, self ownership and the philosophical basis for property rights, to the fundamental economics and benefits of the free market (from an Austrian School perspective), the coercive nature of statism (and taxation), debunking all the most common philosophical justifications for the alleged legitimacy of the state (social contract theory, democratic consensus arguments, utilitarian/consequentialist arguments, et cetera) and, finally, it will address anarcho-capitalist alternatives to the "services" currently provided in a coercive, monopolistic, extortionate manner by the state.
The film will be made available for free on YouTube, although I am also planning to release it on DVD (at low cost), which people will be free to copy and distribute as much as they like to friends, family and total strangers.
I will be using plenty of narrated excerpts from both 'For a New Liberty' and 'The Ethics of Liberty' by Murray Rothbard, and I am hoping to also feature relevant snippets from talks/interviews by the likes of Stefan Molyneux, Tom Woods, Walter Block, Mike Huemer, Larken Rose, Hans-Hermann Hoppe, David Friedman, Robert Murphy, Lew Rockwell and others (providing I can get permission from all those people, and the relevant copyright owners).
The whole video montage will be compiled in such a way that each segment flows coherently into the next, and all of it will be "glued" together with narration written by myself but actually voiced by a paid narrator (I hate the sound of my own voice).
I have already been working on this project for over a year now, and I have made a lot of headway, but due to work constraints, I have been unable to work on it anywhere near as much as I would like (ideally I'd be working on it full time), and there's still a fair amount of work to do. In a desperate bid to finally get this project finished and released, I am reluctantly asking for assistance.
The film features an abundance of nifty motion graphics, animation and stock footage (all designed or paid for by myself, except for any free/public domain stock footage I've been able to find) to help visually illustrate the points made in the video. As anybody involved in motion graphic design or animation will know, these endeavours can be extremely time consuming. If anybody reading this is skilled in graphic design, motion graphic design, animation, narration, or any other relevant areas, and is interested in helping with the project, please get in touch at '[email protected]'. I will obviously credit anybody who helps in any way in the closing titles.
In addition to assistance with the technical side of things, in the coming weeks I will be starting a kickstarter campaign, accompanied by a trailer to give people an idea of the production quality, style and content of the film. Basically, in order to finish the film, I need funding, to pay for things like stock footage (which really isn't cheap), a narrator, studio headphones/monitors, a computer capable of rendering complicated, high definition motion graphics (without taking two days!), a decent studio microphone and a website to promote the film (including website development, web hosting and domain name).
I would never usually ask for funding. I worked on 'Statism: The Most Dangerous Religion' for three months straight, pretty much full time, with many sleepless nights and 48 hour editing marathons, but that is only 12 minutes long, and the new film will be 4-6 times longer than that, so I'm going to need help if this thing is going to get finished anytime soon!
'Statism: The Most Dangerous Religion' has now been translated into over 12 languages (the last time I checked), and has already had over 300,000 views (including the translated versions and reuploads). In my humble opinion, the new film is significantly better, more persuasive and aesthetically pleasing, so it has the potential to blow my previous effort out of the water and really make a huge impact in getting the ideas of liberty (specifically voluntaryism/anarcho-capitalism) spread around the world!
Well that's the end of my rant/begging. Watch this space for the trailer which will be released in the coming weeks/months, and please consider helping out with the kickstarter campaign which I will be starting soon!
If anybody would like to contribute via Bitcoin prior to the release of the trailekickstarter campaign, the address is: 1JfweLVprPCnUmRKpqC9uK7NZbZjt9XazW
Or, if you'd like to help out via Paypal, the address is: [email protected]
Anybody who donates or helps out in any way will be credited in the closing credits.
Many thanks,
Harvey Lester
Email: [email protected]
Facebook: https://www.facebook.com/harveylester84
submitted by JohnNada80 to Anarcho_Capitalism [link] [comments]

FROM THE MAKER OF 'STATISM: THE MOST DANGEROUS RELIGION'

As a follow up/sequel (of sorts) to 'Statism: The Most Dangerous Religion' (https://www.youtube.com/watch?v=N6uVV2Dcqt0), I am currently working on a documentary length (60-90 minutes long) production with a working title of 'Voluntaryism: An Idea Whose Time Has Come' (although I am also considering the title 'Liberty Rising: The Philosophy of Anarcho-Capitalism'.
The film will be aimed at people who are either completely new to the philosophy of voluntaryism/anarcho-capitalism, or who are half way to becoming voluntaryists/anarcho-capitalists (i.e. current minarchists), and it will guide the viewer through the philosophical groundwork of voluntaryism/anarcho-capitalism, from the non-aggression principle, self ownership and the philosophical basis for property rights, to the fundamental economics and benefits of the free market (from an Austrian School perspective), the coercive nature of statism (and taxation), debunking all the most common philosophical justifications for the alleged legitimacy of the state (social contract theory, democratic consensus arguments, utilitarian/consequentialist arguments, et cetera) and, finally, it will address anarcho-capitalist alternatives to the "services" currently provided in a coercive, monopolistic, extortionate manner by the state.
The film will be made available for free on YouTube, although I am also planning to release it on DVD (at low cost), which people will be free to copy and distribute as much as they like to friends, family and total strangers.
I will be using plenty of narrated excerpts from both 'For a New Liberty' and 'The Ethics of Liberty' by Murray Rothbard, and I am hoping to also feature relevant snippets from talks/interviews by the likes of Stefan Molyneux, Tom Woods, Walter Block, Mike Huemer, Larken Rose, Hans-Hermann Hoppe, David Friedman, Robert Murphy, Lew Rockwell and others (providing I can get permission from all those people, and the relevant copyright owners).
The whole video montage will be compiled in such a way that each segment flows coherently into the next, and all of it will be "glued" together with narration written by myself but actually voiced by a paid narrator (I hate the sound of my own voice).
I have already been working on this project for over a year now, and I have made a lot of headway, but due to work constraints, I have been unable to work on it anywhere near as much as I would like (ideally I'd be working on it full time), and there's still a fair amount of work to do. In a desperate bid to finally get this project finished and released, I am reluctantly asking for assistance.
The film features an abundance of nifty motion graphics, animation and stock footage (all designed or paid for by myself, except for any free/public domain stock footage I've been able to find) to help visually illustrate the points made in the video. As anybody involved in motion graphic design or animation will know, these endeavours can be extremely time consuming. If anybody reading this is skilled in graphic design, motion graphic design, animation, narration, or any other relevant areas, and is interested in helping with the project, please get in touch at '[email protected]'. I will obviously credit anybody who helps in any way in the closing titles.
In addition to assistance with the technical side of things, in the coming weeks I will be starting a kickstarter campaign, accompanied by a trailer to give people an idea of the production quality, style and content of the film. Basically, in order to finish the film, I need funding, to pay for things like stock footage (which really isn't cheap), a narrator, studio headphones/monitors, a computer capable of rendering complicated, high definition motion graphics (without taking two days!), a decent studio microphone and a website to promote the film (including website development, web hosting and domain name).
I would never usually ask for funding. I worked on 'Statism: The Most Dangerous Religion' for three months straight, pretty much full time, with many sleepless nights and 48 hour editing marathons, but that is only 12 minutes long, and the new film will be 4-6 times longer than that, so I'm going to need help if this thing is going to get finished anytime soon!
'Statism: The Most Dangerous Religion' has now been translated into over 12 languages (the last time I checked), and has already had over 300,000 views (including the translated versions and reuploads). In my humble opinion, the new film is significantly better, more persuasive and aesthetically pleasing, so it has the potential to blow my previous effort out of the water and really make a huge impact in getting the ideas of liberty (specifically voluntaryism/anarcho-capitalism) spread around the world!
Well that's the end of my rant/begging. Watch this space for the trailer which will be released in the coming weeks/months, and please consider helping out with the kickstarter campaign which I will be starting soon!
If anybody would like to contribute via Bitcoin prior to the release of the trailekickstarter campaign, the address is: 1JfweLVprPCnUmRKpqC9uK7NZbZjt9XazW
Or, if you'd like to help out via Paypal, the address is: [email protected]
Anybody who donates or helps out in any way will be credited in the closing credits.
Many thanks,
Harvey Lester
Email: [email protected]
Facebook: https://www.facebook.com/harveylester84
submitted by JohnNada80 to voluntarism [link] [comments]

FROM THE MAKER OF 'STATISM: THE MOST DANGEROUS RELIGION'

As a follow up/sequel (of sorts) to 'Statism: The Most Dangerous Religion' (https://www.youtube.com/watch?v=N6uVV2Dcqt0), I am currently working on a documentary length (60-90 minutes long) production with a working title of 'Voluntaryism: An Idea Whose Time Has Come' (although I am also considering the title 'Liberty Rising: The Philosophy of Anarcho-Capitalism'.
The film will be aimed at people who are either completely new to the philosophy of voluntaryism/anarcho-capitalism, or who are half way to becoming voluntaryists/anarcho-capitalists (i.e. current minarchists), and it will guide the viewer through the philosophical groundwork of voluntaryism/anarcho-capitalism, from the non-aggression principle, self ownership and the philosophical basis for property rights, to the fundamental economics and benefits of the free market (from an Austrian School perspective), the coercive nature of statism (and taxation), debunking all the most common philosophical justifications for the alleged legitimacy of the state (social contract theory, democratic consensus arguments, utilitarian/consequentialist arguments, et cetera) and, finally, it will address anarcho-capitalist alternatives to the "services" currently provided in a coercive, monopolistic, extortionate manner by the state.
The film will be made available for free on YouTube, although I am also planning to release it on DVD (at low cost), which people will be free to copy and distribute as much as they like to friends, family and total strangers.
I will be using plenty of narrated excerpts from both 'For a New Liberty' and 'The Ethics of Liberty' by Murray Rothbard, and I am hoping to also feature relevant snippets from talks/interviews by the likes of Stefan Molyneux, Tom Woods, Walter Block, Mike Huemer, Larken Rose, Hans-Hermann Hoppe, David Friedman, Robert Murphy, Lew Rockwell and others (providing I can get permission from all those people, and the relevant copyright owners).
The whole video montage will be compiled in such a way that each segment flows coherently into the next, and all of it will be "glued" together with narration written by myself but actually voiced by a paid narrator (I hate the sound of my own voice).
I have already been working on this project for over a year now, and I have made a lot of headway, but due to work constraints, I have been unable to work on it anywhere near as much as I would like (ideally I'd be working on it full time), and there's still a fair amount of work to do. In a desperate bid to finally get this project finished and released, I am reluctantly asking for assistance.
The film features an abundance of nifty motion graphics, animation and stock footage (all designed or paid for by myself, except for any free/public domain stock footage I've been able to find) to help visually illustrate the points made in the video. As anybody involved in motion graphic design or animation will know, these endeavours can be extremely time consuming. If anybody reading this is skilled in graphic design, motion graphic design, animation, narration, or any other relevant areas, and is interested in helping with the project, please get in touch at '[email protected]'. I will obviously credit anybody who helps in any way in the closing titles.
In addition to assistance with the technical side of things, in the coming weeks I will be starting a kickstarter campaign, accompanied by a trailer to give people an idea of the production quality, style and content of the film. Basically, in order to finish the film, I need funding, to pay for things like stock footage (which really isn't cheap), a narrator, studio headphones/monitors, a computer capable of rendering complicated, high definition motion graphics (without taking two days!), a decent studio microphone and a website to promote the film (including website development, web hosting and domain name).
I would never usually ask for funding. I worked on 'Statism: The Most Dangerous Religion' for three months straight, pretty much full time, with many sleepless nights and 48 hour editing marathons, but that is only 12 minutes long, and the new film will be 4-6 times longer than that, so I'm going to need help if this thing is going to get finished anytime soon!
'Statism: The Most Dangerous Religion' has now been translated into over 12 languages (the last time I checked), and has already had over 300,000 views (including the translated versions and reuploads). In my humble opinion, the new film is significantly better, more persuasive and aesthetically pleasing, so it has the potential to blow my previous effort out of the water and really make a huge impact in getting the ideas of liberty (specifically voluntaryism/anarcho-capitalism) spread around the world!
Well that's the end of my rant/begging. Watch this space for the trailer which will be released in the coming weeks/months, and please consider helping out with the kickstarter campaign which I will be starting soon!
If anybody would like to contribute via Bitcoin prior to the release of the trailekickstarter campaign, the address is: 1JfweLVprPCnUmRKpqC9uK7NZbZjt9XazW
Or, if you'd like to help out via Paypal, the address is: [email protected]
Anybody who donates or helps out in any way will be credited in the closing credits.
Many thanks,
Harvey Lester
Email: [email protected]
Facebook: https://www.facebook.com/harveylester84
submitted by JohnNada80 to anarchocapitalism [link] [comments]

FROM THE MAKER OF 'STATISM: THE MOST DANGEROUS RELIGION'

As a follow up/sequel (of sorts) to 'Statism: The Most Dangerous Religion' (https://www.youtube.com/watch?v=N6uVV2Dcqt0), I am currently working on a documentary length (60-90 minutes long) production with a working title of 'Voluntaryism: An Idea Whose Time Has Come' (although I am also considering the title 'Liberty Rising: The Philosophy of Anarcho-Capitalism'.
The film will be aimed at people who are either completely new to the philosophy of voluntaryism/anarcho-capitalism, or who are half way to becoming voluntaryists/anarcho-capitalists (i.e. current minarchists), and it will guide the viewer through the philosophical groundwork of voluntaryism/anarcho-capitalism, from the non-aggression principle, self ownership and the philosophical basis for property rights, to the fundamental economics and benefits of the free market (from an Austrian School perspective), the coercive nature of statism (and taxation), debunking all the most common philosophical justifications for the alleged legitimacy of the state (social contract theory, democratic consensus arguments, utilitarian/consequentialist arguments, et cetera) and, finally, it will address anarcho-capitalist alternatives to the "services" currently provided in a coercive, monopolistic, extortionate manner by the state.
The film will be made available for free on YouTube, although I am also planning to release it on DVD (at low cost), which people will be free to copy and distribute as much as they like to friends, family and total strangers.
I will be using plenty of narrated excerpts from both 'For a New Liberty' and 'The Ethics of Liberty' by Murray Rothbard, and I am hoping to also feature relevant snippets from talks/interviews by the likes of Stefan Molyneux, Tom Woods, Walter Block, Mike Huemer, Larken Rose, Hans-Hermann Hoppe, David Friedman, Robert Murphy, Lew Rockwell and others (providing I can get permission from all those people, and the relevant copyright owners).
The whole video montage will be compiled in such a way that each segment flows coherently into the next, and all of it will be "glued" together with narration written by myself but actually voiced by a paid narrator (I hate the sound of my own voice).
I have already been working on this project for over a year now, and I have made a lot of headway, but due to work constraints, I have been unable to work on it anywhere near as much as I would like (ideally I'd be working on it full time), and there's still a fair amount of work to do. In a desperate bid to finally get this project finished and released, I am reluctantly asking for assistance.
The film features an abundance of nifty motion graphics, animation and stock footage (all designed or paid for by myself, except for any free/public domain stock footage I've been able to find) to help visually illustrate the points made in the video. As anybody involved in motion graphic design or animation will know, these endeavours can be extremely time consuming. If anybody reading this is skilled in graphic design, motion graphic design, animation, narration, or any other relevant areas, and is interested in helping with the project, please get in touch at '[email protected]'. I will obviously credit anybody who helps in any way in the closing titles.
In addition to assistance with the technical side of things, in the coming weeks I will be starting a kickstarter campaign, accompanied by a trailer to give people an idea of the production quality, style and content of the film. Basically, in order to finish the film, I need funding, to pay for things like stock footage (which really isn't cheap), a narrator, studio headphones/monitors, a computer capable of rendering complicated, high definition motion graphics (without taking two days!), a decent studio microphone and a website to promote the film (including website development, web hosting and domain name).
I would never usually ask for funding. I worked on 'Statism: The Most Dangerous Religion' for three months straight, pretty much full time, with many sleepless nights and 48 hour editing marathons, but that is only 12 minutes long, and the new film will be 4-6 times longer than that, so I'm going to need help if this thing is going to get finished anytime soon!
'Statism: The Most Dangerous Religion' has now been translated into over 12 languages (the last time I checked), and has already had over 300,000 views (including the translated versions and reuploads). In my humble opinion, the new film is significantly better, more persuasive and aesthetically pleasing, so it has the potential to blow my previous effort out of the water and really make a huge impact in getting the ideas of liberty (specifically voluntaryism/anarcho-capitalism) spread around the world!
Well that's the end of my rant/begging. Watch this space for the trailer which will be released in the coming weeks/months, and please consider helping out with the kickstarter campaign which I will be starting soon!
If anybody would like to contribute via Bitcoin prior to the release of the trailekickstarter campaign, the address is: 1JfweLVprPCnUmRKpqC9uK7NZbZjt9XazW
Or, if you'd like to help out via Paypal, the address is: [email protected]
Anybody who donates or helps out in any way will be credited in the closing credits.
Many thanks,
Harvey Lester
Email: [email protected]
Facebook: https://www.facebook.com/harveylester84
submitted by JohnNada80 to Libertarian [link] [comments]

An interesting bitcoin analogy: Bitcoin wallets as safety deposit boxes

Understanding Bitcoin - Stuntman Stoll 11-24-2013
There are plenty of articles and videos that try to explain bitcoin, but I don't think they do justice in showing the genius behind it so I'll give it a try.
For starters, let work with an analogy (that is original as far as I know). Think of a wall of safety deposit boxes (they are called addresses in bitcoin lingo). The face of each box is 4”x4” and has a glass door which a numbered key can open. Each box has a number label on the door that is different than the number that is on the key (but the number's are linked – they only work with each other [the address can be deduced from the key but not vise-versa). Each safety deposit box has has a slit in the door so that people can be given the number to the box, find it, put coins in the box (from their box), see how much money is in the box (remember, it has a glass door), but they can't do anything with the contents without the separate numbered key. The safety deposit boxes are instantly available to anyone in the world with an internet connection, and anyone can claim as many boxes as they want for free. There are no names on the boxes but it isn't completely anonymous because there is a ledger with all of the transactions between the safety deposit boxes. There are a LOT of safe deposit boxes. It is based on 256bit cryptography which means it takes a string of 256 0's and 1's to identify each key, and therefore each box. The number of combinations those 0's and 1's can be arranged in could be shown as 2256, or about 1ee77 (ie. 1 with 77 zeros behind it). The size of the wall of safety deposit boxes (remember 4”x4”) would be 2ee34 miles square (or 3,700,000,000,000,000,000,000 light-years square or about 37 billion times the size of the known universe). That makes the odds virtually zero that anyone would accidentally (or purposely) stumble upon the key that is associated with your safety deposit box.
Bitcoin as an idea was invented in 2009 by an unknown person or group of people who went by the pseudo-name Satoshi Nakamoto. It is believed that the first real world transaction took place in May 2010 when a pizza was bought for 10,000 bitcoin. It likely was invented in response to earlier attempts to create a digital currency to compete with the US dollar. Two of the most (in)famous attempts were E-gold and Liberty Dollar. They were both set up as a digital currency that was centralized on one computer system which had its currency backed by gold (and other precious metals in the case of Liberty Dollar. Liberty Dollar also minted their own physical coins). People could enter the currency by depositing gold or US dollars, and could cash out in gold or US dollars. The digital currency had the same value as the gold backing it. E-gold ran from '96 to '09 when the government shut it down, fined the company $3.7million, and confiscated 2.8 tons of gold (some of the currency holders were able to get their money back earlier this year). The owners pleaded guilty to avoid jail, but got a smorgasbord of other punishments including felony records, personal fines, monitored home detention, community service, etc.. The judge said they deserved lenient sentences because they didn't intend on engaging in illegal activity (news flash – some currency holders will use the money for bad things). Liberty Dollar ran from '98 to '09 when the government shut it down and seized 5 tons of gold and silver. The owner pleaded not guilty, was convicted in 2011 and is awaiting sentencing facing 20 years in jail. The prosecuting attorney described the Liberty Dollar as "a unique form of domestic terrorism" that is trying "to undermine the legitimate currency of this country"
I see E-gold as the near perfect currency. It took gold, which is nature's perfect store of wealth, and solved its short comings as a currency by making it digital. That solved the problems of counterfeiting (might fake a gold coin but you can't fake digital when the server knows where all the currency is), transferability (it's a pain to physically move gold), and divisibility (you can't make change with gold coins). The problem was that it was in plain sight for the government to shut down and steal the gold. Bitcoin's response was to make something that was completely intangible (nothing for the government to steal), decentralized (no company or server for the government to shut down [the computing is done by thousands of computers across many countries]), anonymous (relatively), but otherwise the currency was made to mimic what gold is like in the real world. Like with gold, there are a finite number of bitcoins (21,000,000) that are “mined” into existence. There are roughly 10,000,000 now in circulation with the maximum number to be reached in the year 2140. Mining is the term used for people who use their computers to process the enormous ledger that keeps track of all of the bitcoins. Those “miners” earn bitcoins from the system as it slowly releases the steady set rate of bitcoins into circulation, and from people who choose to donate a small amount to complete transactions (transactions are otherwise free). You can transfer fractions of a bitcoin. Each one is divisible down to .00000001 bitcoin.
Back to the analogy – It is one thing to claim one the 1ee77 safety deposit boxes (addresses) and its contents in theory, but it is another to actually use it to make transactions out of it. There are a number of programs that help you do this. You can either download a program onto your computer which you link your address(es) and key(s) to, or you can do it through a web based program. I believe the best way is online with blockchain.info. Of course there are issues with security (as with anything internet related) but there are methods to protect your money which I won't go into here. Speaking of blockchain.info, “blockchain” is the term for the complete ledger that keeps track of all the bitcoins in circulation. That blockchain is being solved continuously by thousands of computers worldwide. Ten times per hour, the work of those computers is compared to make sure there are no mistakes or fraud, and the blockchain is finalized every 6 minutes. That ledger is public and easily searched. It is kind of fun to go to blockchain.info and search an address of a person you know (it likely isn't that person's only address). For example, Stefan Molyneux (he's a minor celebrity in the anarchist world) has a youtube podcast channel and accepts donations at the address 1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs. If you search that address you can see the transactions and that there are about $300,000 worth of bitcoin in it.
To acquire bitcoins, you either become a miner (but that has become specialized and futile for most part unless you have fancy hardware) or someone with bitcoins transfers them to you (the way you get US $ [unless you do “quantitative easing” on your own with a color Xerox machine]). Since your employer probably doesn't pay in bitcoin, some ways of getting them would be to find someone local to trade with (craigslist, localbitcoin.com), ebay, or (the easist way) through a bitcoin exchange (coinbase.com is the best one for US citizens).
Now lets compare bitcoin to other methods of payment. The following is made with the assumption that bitcoin aps on smartphones are being used and that a payment of 1000 US dollars is made. -With paper check, it takes about a minute in person, a few days by mail, takes about a week to clear the bank, and is usually free for both parties (good luck with international payments). -A wire transfer usually take an hour of leg work for the average Joe to complete, is cleared very quick, and cost between $25-$50 for domestic and international. -Credit card requires special hardware for the receiver, takes a couple seconds to complete in person (a few minutes online), takes 1 or 2 days to clear the bank, and cost the receiver $20-$30 for a $1000 transfer. -Bitcoin takes about 10 seconds to complete (whether in person or across the world). Payment notification is instant, it takes 6-12 minutes to be “cleared” (finalized in the blockchain), and is free (unless you choose to donate a little to the miners).
Bitcoins started out worthless, are now worth about $850 each, and no one knows what they will be worth in the future. If a fundamental flaw is discovered, they will go back to worthless. If bitcoins become widely used and accepted, the value will greatly increase. The value is mainly dependent on how many people use it to save and/or transfer money. For purposes of comparison, lets look at the market cap (capacity [ie. total value of all of it]) of a few different things in trillions US $.
Bitcoin ------------------------------------------------------------------- .008 trillion Apple stock ---------------------------------------------------------------- .47 trillion Gold ------------------------------------------------------------------------ 8 trillion US$ M1 supply (monetary base) ------------------------------------------- 2 trillion US$ M2 supply (includes full value of checking, savings, cd accounts) ------ 10 trillion Worldwide M2 money supply ------------------------------------------ Around 50-60 trillion
IF bitcoin became ubiquitous worldwide and accounted for 1/5 of all currency and had a market cap of 10 trillion, that would make each bitcoin worth $1,000,000 each. I think the odds of that are very slim, but who knows?
submitted by _________lol________ to BitcoinSerious [link] [comments]

A Look Inside The Stefan Molyneux: Bitcoin vs Poder Político (legendado) The Future of Bitcoin - Bust, Bubble or Breakthrough? An Introduction To Investing  Paul Mladjenovic and Stefan Molyneux Tatiana Moroz and Stefan Molyneux Talk Bitcoin

Stefan Molyneux The Supercharged Stock Market: An Object Lesson in the Perils of Coercion A central reason for the instability of the stock market is the hundreds of billions of dollars being forced into it by endless government... The Bitcoin Revolution ~ Stefan Molyneux The True Value of Bitcoin: What You Really Need To Know ~ Stefan Molyneux . Stefan Molyneux, MA, host of Freedomain Radio, brings over 15 years of software and business entrepreneurial experience to the question: What is the true value of Bitcoin? Posted by Nicole Bourbaki. Labels: Bitcoin, Stefan Molyneux. 1 comment: Anonymous November 30, 2013 at 2:57 ... Posted in: Crypto News Tagged: abc news, amtv, bbc, Bitcoin, Bix Weir, blockchain, Bloomberg, bubble, ... rhodium, ron paul, sgtreport, silver, stefan molyneux, stock market, stocks, the money gps, tim pool, trends, wearechange, x22report CoinCryptoNews February 8, 2020 . 09 NOV GODFATHER Of Ethereum: THIS Is Just The Beginning! – The FUTURE Of Crypto. WAM contributor Tim Picciott of The ... Advertisements Josh Sigurdson speaks with Trace Mayer, a well known effective investor as well as advocate of Bitcoin about the possibility of Bitcoin in an accident. First, Trace enters into specific rate forecasts as well as why they're not efficient, however likewise discusses his success in anticipating Bitcoin's price long-term, explaining the Mayer Numerous system which puts Bitcoin ... Stefan Molyneux and Luke Rudkowski Bitcoin, Internet Freedom and Liberation The nature of BitCoin is that it is the world's first "decentralized IPO". What this means is that anyone who has any BitCoin is a shareholder in the network and has a vested interest in protecting it, whether by prefering BitCoin or by actively coding new features or dealing with attacks.

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A Look Inside The "New York Stock Exchange" of Bitcoin

Stefan Molyneux Recommended for you. 52:31. How the New York Stock Exchange Works: Cartoon Tutorial - Duration: 9:41. modrika4u 27,559 views. 9:41. Inside the mind of a master procrastinator Tim ... Stefan Molyneux, host of Freedomain Radio, discusses the drivers and possible future of Bitcoin. Bitcoin Address: 1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Litecoin... This is a video from SXSW 2014 featuring Stefan Molyneux from Freedomainradio.com Freedomain Radio features a series of podcasts on political philosophy, libertarianism, atheism, ethics, science ... Stefan Molyneux and Paul Mladjenovic discuss the basics of investing including, the fundamentals of stock buying, dividends, starting with small amounts of money, how money grows over time, tax ... A Revolução das Cryptomoeadas Stefan Molyneux na conferência TNW --- Publicado em 25 de abr de 2014 Historically, politicians have always fought for the power to create money out of thin air ...

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