Whoever Has the Crypto Makes the Rules

This post originally appeared on steemit.

 

“The past is never dead. It’s not even past.” – Faulkner


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“I am talking about the creation of money and value out of thin air,” he continued. “Governments now look at [cryptocurrency] like it’s a novelty but the bigger it gets the less of a novelty it becomes.”

“And that is different than what the banks do?”

“Yes much different. We don’t just “make up money” we have to do much more than that.”

“How do you account for fractional-reserve banking then?”

“Through accounting. It is a widely accepted practice and has been around for a long time and thoroughly tested”

“Accounting has changed though, there used to be daily audits, now they are done quarterly, which with the increase in technological advancement, that has increased in time to do so by 9000%! Plus traditional accounting methods cannot reconcile microtransactions, most of your software only allows two decimal places, which is utterly useless now.

“Look, we don’t do anything wrong. We follow all the rules.”

“You and your kind made the rules.”

“That is just a popular lie told by conspiracy theorist.”

“Your ad hominems don’t change the truth.”

“Look, if you came here to argue you can leave.”

You called Bitcoin a “fraud” and then your company basically bought the dip. That’s market manipulation, which is not new to your firm. That’s fraud. Plus you said, and I quote, “It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.”. That sounds like a threat if you ask me. You merely fear this cryptocurrency movement because it threatens your power. You will no longer be the debt-slave master on top of the world…”

“THIS INTERVIEW IS OVER! GET OUT! SECURITY…”

“Easy sir, you don’t have to shout. I’ll see myself out, sheesh…”


Stay tuned.
Stay interesting.
Stay Strange.


MichaelCreated by Michael Paine


Join me on the BitShares Decentralized Exchange
in The Billion Hero Challenge!

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Beg Your Pardon

“He that will not submit to the labour of ploughing must submit to the shame of begging.”

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Floating Cities: Future Or Fantasy?

This post originally appeared on steemit.

 

“Deliberandum est diu, quod statuendum est semel — A final decision should be preceded by mature deliberation.”


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“Buy land — they’re not making any more!” so the old saying goes, but is it even true?

It seems more and more possible that with the concept of Seasteading that we should forget “buying” land and start “building” it.

In the form of floating Utopian islands, that is.

According to The Seasteading Institute, EST. 2008, they “empower people to build floating startup societies with innovative governance models.”

For many who are deeply intertwined in Libertarian and Cryptocurrency circles, this topic is old news, but for the world of new users to Steemit and hopefully BitShares, they may not have heard or seen of the possibilities that Floating Cities could provide.

But what exactly do Floating Cities bring, besides the possibility of being seasick?

Last year when I wrote Say Goodbye to Nation States, I gave my semi-amateur outtake on my observations of the changes in the world around us given the shifting political landscape.

I mentioned the possible shift from “Nation States” as overarching governing bodies to something more localized, perhaps even based on Online Communities or what I called “Virtual Regionalism”.

The problem of “Virtual Regionalism” is that we still have to actually live somewhere and that somewhere might not be the most conducive to our freedom.

So where do we go to get more freedoms?

These less free, of “Centralized” governments of “Nation States” came about “during a time of industrialisation, centralised ‘command and control’ bureaucracies and national loyalty.”

Now “modern technology tends in the opposite direction: it’s distributed, decentralised and uncontrollable.”

This is where we can remake the places we live into the places we need.


Diving Deeper

Patri Friedman, American libertarian activist and founder of The Seasteading Institute, had this vision for our future:

“Patri is taking the Silicon Valley mindset and applying it to the nation-state. There are all these things you could now do that didn’t exist when our current system of government was invented, he told me. Constant online direct-democracy voting, building smart-cities, using crypto-currencies. And yet we still use a 19th-century model.”

With concerns of government crack downs on cryptocurrency, it might be a good time to start thinking which institute is the future and which is best left to the past.

The idea of at least testing new ways to live, govern, and grow goes beyond our current time period, but is essentially the entire story of human history.

Remember: “The Revolution Will Be Decentralized!”


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Stay tuned.
Stay interesting.
Stay Strange.


MichaelCreated by Michael Paine


Join me on the BitShares Decentralized Exchange
in The Billion Hero Challenge!

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Routine Life

Congratulations on a routine life well lived.

Giving to Grow

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

When I was younger, I never understood why companies spent so much money telling others about the good things they were doing.


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I always thought they could better use the money for whatever they were raising it for rather than spending it on mailers, marketing, commercials and ads.

Somewhere along the way, I learned that the reason they spend so much on telling people about what they are doing is so that they can raise even more than they would otherwise!

Fair enough.

But is that enough?


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Image From Cartoon Network


What if there were a way to raise money, but not only for the immediate needs, but future needs too?

“If you feed a man a fish, you feed him for a day. If you give him a growing endowment, you feed him for life.” – @stan

Now this sounds interesting!

The thing is, I live in Texas, but not near enough to Houston to be impacted directly by Hurricane Harvey and the resulting flooding.

But I know people who are down that way and I want to do something.

There is plenty of ways to give supplies, money and other things, but what is something unique that I got that I can use to “do more”…


Some Notable Heros –
J. J. Watt and Jerry Jones


That’s awesome, but I don’t have that kind of cash… How can a normal everyday guy like me be a HERO?

More from @stan:

“So, if you donate $30, it could grow to $30,000 collateral in two years while Harvey victims get a steady series of HERO payments that add up to $10,000 – without touching the $30,000 endowment you have cleverly built for them.”

Now that’s impressive!

This morning I decided to donate some of my own HERO to the cause with the hopes that it too will one day grow!

My BitShares Decentralized Exchange account is strangerarray07 and as you can see I gave 1.5 HERO to Help with Harvey Recovery!


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I wouldn’t normally publicize my givings, but I want to raise awareness of this special way to help Rebuild Houston!

Whatda’say wanna join me and be a HERO?


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine
Follow me @strangerarray or buy me lunch because I am hungry for helping Harvey Victims.


Join me on the BitShares Decentralized Exchange
in The Billion Hero Challenge!

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Want to keep your crypto and get cash?
Sign Up for SALT Now!


Don’t Forget To Check Out My Last Post:



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The Recluse

It is an original poem I wrote while mowing my lawn the other day.

“The Revolution Will Be Decentralized”

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

“We will each be challenged. Our trust. Our faith. Our friendships. But we must persevere. And in time, a new hope will emerge.”– Master Obi Wan Kenobi

“Billions of excluded people can soon enter the global economy.” – Blockchain Revolution by Don and Alex Tapscott


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THIS IS OUR NEW HOPE!

“We can protect our privacy and monetize our own information. We can ensure that creators are compensated for their intellectual property. Rather than trying to solve the problem of growing social inequality through the redistribution of wealth only, we can start to change the way wealth is distributed – how it is created in the first place, as people everywhere from farmers to musicians can share more fully, a priori, in the wealth they create.” – Blockchain Revolutionby Don and Alex Tapscott

Soon we all can say, “I am an enfranchised citizen of the global digital economy.”

If you couldn’t tell by now, I am sharing with you information from Blockchain Revolution by Don and Alex Tapscott because my copy of it just arrived and I am looking forward to all that they have in store!

I am not going to review it or write about it directly, but it is sure to influence my thinking and stimulate ideas of things to post about.

Mostly I just wanted to share with you, so that you too would be interested in checking it out and joining us in the Blockchain Revolution!

“So rather than predicting a blockchain future, we’re advocating for it. We’re arguing that it should succeed, because it could help us usher in a new era of prosperity. We believe that the economy works best when it works for everyone, and this new platform is an engine of inclusion. It drastically lowers the cost of transmitting such funds as remittances. It significantly lowers the barrier to having a bank account obtaining credit, and investing. And it supports entrepreneurship and participation in gloval trade. It catalyzes distributed capitalism, not just a redistributed capitalism.
Everyone should stop fighting it and take the right steps to get on board. Let’s harness this force not for the immediate benefit of the few but the lasting benefit of the many.” – Blockchain Revolution by Don and Alex Tapscott

What ways am I involved in Blockchain Revolution?

So far the most obvious is here on steemit!

But also I am looking forward to using SALT, check out the video below!


Sign Up for SALT Now!


Other than that, I am on the BitShares Decentralized Exchange
in The Billion Hero Challenge! amongst other crypto-investments.

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And I have Giga Watt Tokens and joined the world’s first full-service mining solution provider.

Cryptonomos


The Only Question I Have Left Is:
How Are You Getting Involved?


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine
Follow me @strangerarray and donate because SALT is sooo good!


See the latest adventures and creations from my wife Sarah on steemit!

Also Check Out My Latest Post:




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HODL BTC, ETH, XRP, etc.? But Need Cash Now? Get SALT!


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.

HODL BTC, ETH, XRP, etc.? But Need Cash Now? Get SALT!

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

Sometimes in life you find yourself with some crypto, but you need some cash.

You know crypto is better and you don’t want to sell it, but that bill is coming due, or your car broke, or maybe you are just broke…

Whatever the case is, you could sell your crypto and get cash, but why do that when the coins keep going up all the time?

Why not instead use your crypto for collateral and get cash now ANDkeep your crypto!?!

Enter SALT!


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What is SALT? Besides a tasty food additive…

“SALT lets you leverage your blockchain assets to secure cash loans. We make it easy to get money without having to sell your favorite investment.”

I’ve signed up for SALT, but they are new and just getting the final pieces in place to be fully operational.

However, I am extremely interested in this concept because it provides a new
way for individuals to access the value of their blockchain assets that does not involve a liquidation of their asset.

Being a Member, I have access to the SALT Blockchain-Backed Loans™ Abstract
released on 08/09/2017 and want to share some of the more important points with you.


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From the Abstract:

“The system is designed such that, if you have an asset you want to hold on to, you can borrow the asset you want to spend, regardless of credit history or geographic constraints. The SALT Platform is automated, efficient, and cryptographically secure. It offers a compelling solution to the problem many consumers face when they need or want cash to make a purchase, but do not wish to liquidate their assets. Instead of selling, SALT enables the members of the SALT Lending Platform (Members) to leverage the value of certain digital assets, thereby giving them access to cash, offsetting tax events, avoiding exchange fees and maintaining their long position in the asset they hold.”

As a wanna-be savvy FinTech guy, who holds a MBA in Finance, I sometimes get the idea that I know a thing or two.

That usually passes quickly.

What I do know is how to read, and reading the SALT Abstract the SALT Team is working hard to find a way to bring financial freedom to an underserved group of people who usually do not have access to this type of lending.

i.e. – ME.

“At SALT, we believe that in the not too distant future, ownership of all assets will be recorded and transferred on various blockchains. The increasing recognition of personal assets, at low cost and in a secure and immutable way, will offer consumers greater financial freedom. The SALT Lending Platform is a system that seeks to give value to previously latent capital, unlocking the wealth within physical and social assets, providing a new source of money creation.”


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More from the Abstract:

“The SALT Lending Platform is intended to facilitate the creation of lending agreements, secure and monitor the value of the blockchain assets acting as collateral, and automatically enforce the terms of each smart contract credit agreement. This low-cost, efficient technology gives investors and institutions a way to lend against a new asset class, while addressing the needs of a massively underserved borrower base. It is also designed to provide a new way for individuals to access the value of their blockchain assets that does not involve a liquidation of their asset. Deficiencies inherent in traditional forms of collateral can increase costs to borrowers, decrease liquidity, and necessitate the need for income-based credit evaluation. SALT’s technology was built to address these shortcomings, while emphasizing the aspects of blockchain assets that make them a functional form of collateral – divisibility, fungibility, and transferability. With SALT, blockchain assets are transformed into collateral that can be incrementally liquidated in a calibration process intended to ensure overcollateralization in a fast, trustless, and secure process. Blockchain-Backed Loans™ offer a new mechanism through which lenders can indirectly gain exposure to digital assets in a regulated environment with sophisticated tools for managing the risks associated with lending.”


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This last part about “Liberty” is great too!

Check out the video below for more info and don’t forget to sign up today!


Sign Up for SALT Now!


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine
Follow me @strangerarray and donate because SALT is sooo good!


Join me on the BitShares Decentralized Exchange
in The Billion Hero Challenge!

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Get Giga Watt Tokens and join the world’s first full-service mining solution provider.

Cryptonomos


See the latest adventures and creations from my wife Sarah on steemit!

Also Check Out My Latest Post:




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Feast Or Famine?


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.

Feast Or Famine?

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

“While the righteous feed others fools starve themselves.” – Matthey Henry


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We have a choice when we wake up every day.

Are we going to look out for our own self-interest or seek to help others?

For myself, despite my desires to do better, I spend most days doing the former.

What can I do more to help others?

What one thing a day can I do for one other person?

What can I do to make sure I do this every day?

Why don’t I do this more?

Usually the excuse is money.


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When I try to imagine a life where money is not something I trade precious moments of my fleeting life for in order to pay for things, I struggle.

“What would I do instead with my time?

What would make a difference in other people’s lives?

What is worthy of pursuit?

What really matters?”

These thoughts were on my mind when I came across this article by @rok-sivante:

The Billionaire Game: What Plays Would You Make With a 10-Figure Net Worth…?

He had written these thought provoking questions:

“If you were a billionaire – let’s say the crypto markets exploded well-past the moon, granting you a 10-figure net worth – how would you manage the responsibility over this newfound wealth?

Would you selfishly focus on fulfilling your own needs for a mansion, collection of luxury cars, private jet, yacht, and all the toys?

Would you establish a private foundation to allocate that wealth towards projects and initiatives focused on solving global crises?

What business structures would you set up through which that wealth could flow to be put to constructive use?

How would your choices benefit the networks you plugged into and chose to support?

What ideas, talents, and visions would that wealth be directed to fund?

Would you invest in technologies that could help solve world hunger and provide access to clean, healthy water for every man, woman, and child on earth?

Would you support organizations working on solutions to clean up the environment and transform industrial processes to introduce sustainable practices conducive to this planet’s restoration and long-term wellness?

Would you back educational campaigns that empowered the next generation with entrepreneurship skills and foundational knowledge to make a difference in the world, that our generation were never provided?

What businesses would you grow that provided extraordinary value in the world?

How would you utilize your wealth to leverage others’ value benefiting society?”

Truthfully I wouldn’t really have a good answer, except I had been thinking about some of these Big Heroic Audacious Goals a few weeks before.


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In @stan’s recent article, Big Heroic Audacious Goals, he asked people to think up what they would want to see happen.

“Heroic Goals have the potential to inspire and unite all of humanity — and make a permanent global difference!”

At first blush, I didn’t have a clue…

Then I consulted my lovely wife who jogged my memory of what similar life goals we had previously discussed as possible BHAGs.

Given the chance we would like to see the following happen to help humanity:

  • Leveraging this technology to help charities, such as Makers and Means International, complete their missions at lower costs due to low transaction fees for sending money overseas
  • Build a resort property
  • Provided rest and rejuvenation programs to people doing charitable work so they can get a break when they feel they are on the brink of burnout
  • Develop a refuge center for women that will help them escape the traps of sex trafficking and the sex trade
  • Open a dog rescue or at least have some fun thing dog related 🙂
  • Own our own brewery and
  • Anything else we come up with between now and then!

So I guess I do have some ideas to feed others and I hope I don’t starve myself before I get the chance.

What would you do?


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine

Follow me @strangerarray and donate because OCASH is comming!


Join me on the OpenLedger/BitShares Decentralized Exchange
in The Billion Hero Challenge!

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Get Giga Watt Tokens and join the world’s first full-service mining solution provider.

Cryptonomos


See the latest adventures and creations from my wife Sarah on steemit!

Also Check Out Some of My Other Posts:





Do you want to take out a loan to consolidate debt?

If you use my Credible Referral link, you can get a special offer if you take out a loan.

OCASH – The First All-In-One Payments Card

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

So I may be a little late to the party, but I wanted to invite you, in case you are too!


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So today I was browsing Coin Market Cap as per usual and I noticed the BTS is going up again too.

I wondered, any news?

And this thought sent me down a search that found this article on investopedia.

I became very familiar with Investopedia back in my MBA days and so I was comfortable trusting it as a source of good information.

The article was published back on July 6, 2017, so about a month ago, hence why I am a little late to the party…

But not too late.


From the above mentioned article:

“One of the latest of such projects is OCASH— the first all-in-one crypto-ready debit card. OCASH will bring the international card payments system to the OpenLedger network. This will allow token holders to use Stablecoins (SmartCoins), including bitUSD, bitEUR, bitGBP, and Rubles, plus other OpenLedger tokens, such as OBITS, BTC, and ETH, to purchase items anywhere major debit cards are accepted. The OCASH will allow the payment and withdrawal of any kind of cryptocurrency supported by OpenLedger, making currencies accessible anytime and anywhere.

OpenLedger ApS has announced that the new token OCASH (OCS) will be launched at the end of August 2017. The OCASH concept will be rolled out in two phases spread across a timeline of five months.”

See we are not too late!


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The Investopedia article helpfully pointed my to ocash.io where I was able to find the following information:

“OpenLedger ApS has announced its groundbreaking token launch for OCASH, the first all-in-one payments card. OCASH will launch its new token, called OCASH (OCS), at the end of August 2017.

OCASH holders will benefit from the many usage options offered in the form of monthly or quarterly sharedrops in bitUSD.”

This is great news!

Not only will we be able to use a card that makes transacting in cryptocurrency easy, we can also earn while we do it by holding on to OCASH tokens!

More from the OCASH site:

“The option to pay and withdraw any kind of crypto, anywhere and anytime, instantly from your payment card, is groundbreaking. Furthermore, the ability to manage transactions in your browser-based web wallet, and with no need for a bank account, is what will make crypto accessible, overnight and worldwide. Naturally, this will allow OpenLedger to stand strong as a platform, continue to innovate, and above all, give the 2 billion population who are unbanked an easy way to access an account and make transactions.”

More great news!

Pick your crypto and use what you are comfortable with!

No bank accounts needed and the ability to be used by people banks have neglected.

I am excited to learn about this and hope that you are too!

If you haven’t yet joined the OpenLedger/BitShares Decentralized Exchange, I invite you to do so now so you can be ready for OCASH when it activates!


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine

Follow me @strangerarray and donate because OCASH is comming!


Join me on the OpenLedger/BitShares Decentralized Exchange
in The Billion Hero Challenge!

BitShares Title Block
Image Source


See the latest adventures and creations from my wife Sarah on steemit!

Also Check Out Some of My Other Posts:





Do you want to take out a loan to consolidate debt?

If you use my Credible Referral link, you can get a special offer if you take out a loan.