Watched an AOC Facebook story that mentioned the freshly arrested head of FTX had admitted to donating as much to the GOP as he openly did to Democrats. Is that going to stop the GOP from musing that FTX was a Democrat plot? Former CPC leadership candidate and CBC TV
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THE FIFTH COLUMN: SocialCoin – The Socially Responsible Alternative to Bitcoin
I am placing this concept in the public domain for anyone with the necessary technical skills to create the structures and necessary algorithms to implement it. Wikipedia provides an extensive section on Bitcoin and in particular Bitcoin mining. Essentially Bitcoin is created by an energy wasting computer process they call
Continue readingScripturient: Poilievre’s Wacky, Quacky Economics
Pierre Poilievre — aka Skippy — loves cryptocurrency and wants to make Canada the world’s crypto capital. Crypto is a computing process, not a product, it’s well outside the capabilities of individual computer systems to “mine” so it is controlled by large crypto-mining farms owned by corporate interests, using vast
Continue readingThe Cracked Crystal Ball II: A Skeptical View Of Cryptocurrencies
Recently, I have seen a lot of discussion on Twitter about cryptocurrencies, and their validity. The arguments basically boil down to proponents arguing that this technology is the future of currency, and others pointing out a range of problems from "what's the basis of valuation?' to "jeez, something about this
Continue readingWritings of J. Todd Ring: Bitcoin, Fascism, Economic Collapse & Revolution
Fiat currencies are without question going to collapse. There are easily understandable, undeniable, structural reasons for that. That means the ordinary money people use daily, for those who are unfamiliar with the term: US dollars, Canadian dollars, euros, etc., are set to collapse into worthless pieces of paper. When that
Continue readingWritings of J. Todd Ring: Gold, Savings & Security In The Real World
Here is what the crowd, the authorities, and the mainstream media, including the business press, will tell you: It’s called BS. Think for yourself. For example, when real inflation rates of 8% or more are counted, money in the bank is losing money, and most investment funds are losing money.
Continue readingWritings of J. Todd Ring: Digital Dystopia & The Killing of Cash – and – Advice For Hard Times
Here is another aspect of the unfolding fascist power grab we are seeing globally in 2020 – along with sweeping powers for governments, suspension of all constitutional rights and freedoms, mass indefinite detainment, global surveillance, and accelerated economic warfare by the 0.1% elite against the 99.9%: fully digital currencies that
Continue readingSaskboy's Abandoned Stuff: How to use Nanowallet for the NEM blockchain
May 4, 2018 NEM is a cryptocurrency, inspired by Bitcoin and an alt-coin called NXT. It isn’t compatible with Bitcoin, however. For this reason it needs its own wallet, and that wallet for your computer is named Nanowallet*. Nanowallet has some advantages over the mobile phone NEM Wallet version for
Continue readingWritings of J. Todd Ring: Crytpo-Realities
The dodos run hither and thither, depending on which way the wind blows, and what the media tells them (99% of which is confusion, illusion, propaganda or lies — aka, bullshit). But as I’ve said, cryptocurrencies are not going away. Here is the world’s leading trend analyst, Gerald Celente, on the subject:
Continue readingWritings of J. Todd Ring: Bitcoin, Crypto-Currencies and Global Trends — Tipping Points Approaching Fast
Question: Cryptos — Which ones, and when? Answer: Two, and right now Waiting for the (painfully slow) transfer of funds from one Bitcoin wallet to another — both my own, in order to be able to buy Stellar Lumens with Bitcoins (since you can’t buy Lumens directly with fiat paper currencies, it being too
Continue readingThings Are Good: Bitcoins for Charity from The Pineapple Fund
The Bitcoin wallet shown above belongs to the Pineapple Fund, which will be emptied to fund a variety of charities. The charities aren’t chosen through a decentralized system (like Bitcoin itself) but by a person who held on to a lot of Bitcoins. The individual is suddenly so wealthy that
Continue readingSaskboy's Abandoned Stuff: A gripping tale of lost Bitcoins
I’m just glad this wasn’t me. You probably won’t be disappointed reading this tale of a man losing his Bitcoin recovery information, and the low-tech, and high-tech means he tries to recover them from the ether.
Continue readingThings Are Good: Using a Blockchain for a Smarter Energy Grid
Blockchain technology stems from Bitcoin and provides a platform for change greater than Bitcoin itself. Researchers in the renewable energy industry have realized that blockchains can be used to replace outdated billing and tracking. Presently when a company produces energy it requires verification form other companies and each step eats
Continue readingSaskboy's Abandoned Stuff: More Vague First World Problems
I made a large purchase last week Tuesday, and have had problems paying for it. Oh, I’ve got the money, I mean I’ve had some difficulty sending it to the seller. I put a deposit down instantly over the phone by credit card, that was easy enough, but sending the
Continue readingThings Are Good: A Way to Think About Digital Currency Replacing Cash
Bitcoin, Dogecoin, and other digital currencies are shaking up how the internet thinks about money. In turn, this has forced countries and large institutions to rethink how money works and who claims to have control over it. Perhaps it’s time for the decentralized blockchain-systems to replaced by a robot-controlled centrally-backed system. Or, at the very […]
The post A Way to Think About Digital Currency Replacing Cash appeared first on Things Are Good.
Continue readingSaskboy's Abandoned Stuff: #BlackFriday Is So Very Offensive
A few years ago when the media started buying into the spindoctors’ PR BS about “Black Friday”, in the USA, I was severely disappointed. I’ve let that grow into a healthy disgust for what’s now an extra week of consumer manipulation perpetrated even on the supposedly “ad free” CBC Radio.
Continue readingSaskboy's Abandoned Stuff: Bitcoins – How to Start Mining
This guide describes an indirect way to mine Bitcoins at home. You’ll need to understand how to edit a batch file and run it in the folder with a program you’ll also download. It’s become unrealistic to discover Bitcoins before specialized ASIC miners find them, so to get around this
Continue readingSaskboy's Abandoned Stuff: Bitcoins – Where to Start?
Someone recently asked me (okay, multiple people did) where to start to learn about getting Bitcoins? You can start here at my blog, now. A better place to look will be at one of the links below in my 15 minute introduction. Don’t put off learning, it’s the Napster of
Continue readingWritings of J. Todd Ring: The rise of Bitcoin: and the challenge to the global domination of big money
The following article was written on October 25. I wanted to read it over once more before publishing it, then got busy with other things and forgot about it. In the roughly six weeks that have passed since the writing of this article, the Bitcoin prices have gone from roughly
Continue readingProgressive Proselytizing: Why we should hope that Bitcoin doesn’t succeed
Most people who currently own bitcoin don’t own it to use it in the short term. The amount of uses for people to spend bitcoins is trivial in comparison to the main reason people buy bitcoins: to store them. Some people store them because they are doing short or medium
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