BitShares Forum
Main => General Discussion => Topic started by: jamesc on November 15, 2015, 11:22:57 pm
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You may have heard of Golden Jackass before. Jim Willie of "Golden Jackass" is well known for his hot topics of Gold and Politics. Something has changed recently. I picked up on a increase in his pleas to make his message heard.
The topic is largely consistent: the US petro dollar collapsing and criticism of the war. I do not generally get this fired up or listen to that much emotion but I'm making an exception here. I believe in the message and believe that it is a good idea to hedge against the risks in Jim's warnings.
I have used crypto for a while to do this. As a shareholder: This idea used by many leads to long-term serious holdings in Crypto Currency assets. People like my wife and I offer a boost to a currency by buying some and holding with the idea of hopefully having enough to passing on to the next generation. Thanks to people like Jim, Fuzzy, and Dan, I see a bigger picture and (in putting it all together) I don't want my country to be stuck with crappy money, crappy stocks, and worse (you will with 100% certainty hear from Jim on this)..
Let's start thinking about getting together and listen to Jim and offer him expert information to help him understand the fundamental facts about Crypto Currency. Let’s hope that in time he will be able to give crypto proper consideration as a viable fait alternative: in addition to hording real gold and real silver.
Jim is a very passionate outspoken thinker and he should be paired with a very knowledgeable group like ours. This should be unlike his typical interview where he is basically doing all of the talking. I would suggest that our familiar format. Fuzzy is an excellent person to assist and balance the discussion. Other familiar voices jump in where appropriate and hopefully Dan Larimer will be available as an expert in the Crypto Currency field.
Word of warning, and my opinion:: Jim may sound "over-the-top." If you like the network effect please consider this idea (crowd psychology if you will). I'll try to sum it up as a non-expert: Crowd think is basically very dumbed down and the `drive` is largely subconscious and emotional. I think of it as a lessor common denominator of all the minds. Additionally, if crowds were completely rational it would be impossible to actually act as a crowd (the individual would question and diverge on their own path). It is in our nature to get on a good path and then go with the flow....
If you have not heard it, here is the interview. Please consider Jim's listen count on fuzzy's show:
** 10K views as of Nov 2015
https://soundcloud.com/beyond-bitcoin-hangouts/beyondbitcoin-jim-willie-golden-jackass-bonus-hangout-10-28-2015-s3
Notable: Jim devoted a lot of his time covering the topic of ISIS. Very interesting given the recent tragic attacks by ISIS in France.. Also the reason for my writing this post now.
How to sweeten the deal for Jim to bring him back? He wants to get through to people. People in crypto are already making great strides to adopt and trust new technology. Our crowd might possible be the easiest crowd for him to connect with. His motives seem to be that of pure caution and concern for human rights. If he can expand his message he will be incentivized. Crypto holders have incentive to believe him and it directly helps cryptos as a whole to have people buying it up as a hedge against fait (US and foreign markets).
Why would he validate crypto?
Basically he is warning that in the near future (who knows next 2-4 years) the dollar can lose enormous value. I'll try to recall, he said something like there could be a 50% of its value causing a 75% loss in purchasing power after considering foreign imports. Also during this phase foreign manufacturers will not want to ship to the US due to the 3 month price exposure to the USD; they will likely want to wait 3 months then the dollar could still be unstable which puts them into the next 3 month cycle of waiting, etc...
** 45,000 Views, 325 thumbs up and 15 thumbs down (about 97% approval)
Jumping into the talk "Supply Shortages"
https://youtu.be/AfPMgogwLxE?t=22m27s
Crypto can't even help unless of course our stores were willing to pay in stable established crypto X and overseas manufacturers accept. Now, if Americans held crypto X, even if it were not backed (like a bit asset), it would still mean we could sell it in foreign markets where there were strong economies. This fact alone is enough for US citizens to understand and therefore, in a crisis, start accepting the currencies on their phones.
I would also suggest that at this stage for Jim, BitAssets maybe be interesting but would probably be a distraction. What he must digest is that crypto currencies have predetermined rules which can make them very resistant to corruption. Also important for him to really understand "Decentralized," "No trusted party," and instantly tradable in foreign markets from mobile phones. Bit Assets are a next logical step but it may take Jim some restless nights while so his mind can compile this information...
So, until he can fully appreciate and rationalize this concept, anything else is a distraction and might derail the process. In the interest of the industry as a whole I would suggest to simply avoid repeated references to any specific crypto like "Bitcoin" and instead make a general reference to "Crypto Currency."
I mentioned France. Why this may matter for the United States?
Truth in Media: Origin of ISIS
8 months 1,6500,000 views with 11,700 thumbs up and 400 thumbs down
(about 95% approval)
https://youtu.be/o6kdi1UXxhY
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Well i have talked to jim about getting a wallet set up for him to start accepting bts and bitassets like bitgold and bitsilver from his subscribers.
He is actually growing more and more interested. The only thing in the way is that it has to be so easy for him to do that he basically has to do nothing different from what he is already doing...except adding that payment method to his site.
Id be glad to give anyone interested in helpig accomplish this with some BROWN-NOSERS...i mean BROWNIE.PTS for volunteering and further selflessly supporting bitshares. I can pretty much guarantee you it will be a big deal...
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Easy as in server wallet backups! I agree..
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Perhaps Peter scoff would be a good person to interview. He is absolutely correct on the economy in my opinion, but is skeptical about Bitcoin. He recently accepted Bitcoin as payment in his firm, but it would be great to hear his take on bitassets. You probably know he was the economic adviser to Ron paul
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Well i have talked to jim about getting a wallet set up for him to start accepting bts and bitassets like bitgold and bitsilver from his subscribers.
He is actually growing more and more interested. The only thing in the way is that it has to be so easy for him to do that he basically has to do nothing different from what he is already doing...except adding that payment method to his site.
Id be glad to give anyone interested in helpig accomplish this with some BROWN-NOSERS...i mean BROWNIE.PTS for volunteering and further selflessly supporting bitshares. I can pretty much guarantee you it will be a big deal...
Perhaps talk to him about setting up a wallet just for getting tips as a start. It will seem less of a risk for him then to start off accepting subscription orders in crypto. The tips from our community will simply be gravy on top of his current subscription orders.
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Well i have talked to jim about getting a wallet set up for him to start accepting bts and bitassets like bitgold and bitsilver from his subscribers.
He is actually growing more and more interested. The only thing in the way is that it has to be so easy for him to do that he basically has to do nothing different from what he is already doing...except adding that payment method to his site.
Id be glad to give anyone interested in helpig accomplish this with some BROWN-NOSERS...i mean BROWNIE.PTS for volunteering and further selflessly supporting bitshares. I can pretty much guarantee you it will be a big deal...
Perhaps talk to him about setting up a wallet just for getting tips as a start. It will seem less of a risk for him then to start off accepting subscription orders in crypto. The tips from our community will simply be gravy on top of his current subscription orders.
Agreed. However the big problem still is that we need to find a way to makenthat very very easy. I am willing to set it up for him, just trying to see if anyone has ideas on how to accomplish this in a way that gains his respect and makes it easy for him.
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powerful emotions in play https://youtu.be/8zKuoqZLyKg?t=47m20s
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powerful emotions in play https://youtu.be/8zKuoqZLyKg?t=47m20s
Indeed. Outrage is an appropriate emotion....and perhaps hope. But those poor kids will still be lost, their families will still be devastated. We owe it to their sacrifice, their anguish and their memory to ensure blockchain's potential to wipe out corruption is realized.
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powerful emotions in play https://youtu.be/8zKuoqZLyKg?t=47m20s
+5% +5%
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powerful emotions in play https://youtu.be/8zKuoqZLyKg?t=47m20s
Indeed. Outrage is an appropriate emotion....and perhaps hope. But those poor kids will still be lost, their families will still be devastated. We owe it to their sacrifice, their anguish and their memory to ensure blockchain's potential to wipe out corruption is realized.
Problem to me is that people actually think Bitcoin will change all this. Bitcoin (and all the rest of crypto) is part of the Hegelian Dialectic (Create the Problem knowing the reaction...and then providing the "solution"). Ironically, this happened all around the same time of the 2008 crisis when most of these banking cartels stole such large sums of money that they can now completely control the entire crypto market to ensure the projects they want to succeed do...and then utilize the tribalism of those chains to destroy those chains that do not work the way they would like it to.
Let's look at some interesting points about bitcoin and mined tokens (ethereum briefly mentioned):
- Bitcoin is proof of work, which could have quite easily been controlled very early on to give multiple state actors (likely from intel agencies) a very large stake in it.
- Bitcoin is not anonymous. In fact pretty much all tx can be traced by governments.
- If Bitcoin was the answer, Ross Ulbricht would still have control the silk road (now it is controlled very likely by the same cartels that it was built to fight against)
- ASIC manufacturers are the big controllers of bitcoin and at this point I honestly am not sure if anything will fix that balance of power distribution problem that has been guaranteed to have risen up...
- Blythe Masters, the architect of much of the corruption in markets today, and other people like the Winklevoss bros (who were part of the creation of freedom-loving facebook) are in love with Bitcoin. Why??
- Microsoft (who intentionally provided backdoors in their software for the NSA) and IBM (who has a long history of terrible actions) are now accepting ethereum even though it is still largely so new that it is not even yet certain to work...(but trust me it will...because they will make sure it does, for them).
There is much more and unfortunately this is a terrible day for me to try to respond because I'm technically out with fam, but suffice it to say, we need to really step back and think instead of succumbing to the emotional side of the argument. OUR decisions on how to use crypto...not bitcoin...are going to save or enslave us:
Click the image to read the article...
(http://i.imgur.com/IP5la8B.jpg) (http://www.techtimes.com/articles/102366/20151102/chip-implanted-under-skin-used-pay-things-using-bitcoin.htm)
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If Bitcoin was the answer, ...
I agree to the extent that there is certainly no "The Answer."
Decentralization in this space is a consequence of all the coins and all the communities. If Bitcoin "wins" we will all win. Imagine Bitcoin at $20 000 for a second. Don't you think all the leading projects and developers in this space would have more than enough capital to finally reinvent the financial system? They certainly would. Now imagine Bitcoin crashing to $30. Everyone would pull money out of this space for a few years. In that time, banks and other private institutions would have a chance to catch up and make products indistinguishable in quality to the average consumer, and all would be lost. For better or worse, it seems to me that our fate is tied to Bitcoin for the foreseeable future.
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powerful emotions in play https://youtu.be/8zKuoqZLyKg?t=47m20s
https://www.youtube.com/watch?v=HP7L8bw5QF4&feature=youtu.be&t=4m31s
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powerful emotions in play https://youtu.be/8zKuoqZLyKg?t=47m20s
https://www.youtube.com/watch?v=HP7L8bw5QF4&feature=youtu.be&t=4m31s
Outsch
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The other side ... https://bitsharestalk.org/index.php/topic,19926.msg258157.html#msg258157
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powerful emotions in play https://youtu.be/8zKuoqZLyKg?t=47m20s
https://www.youtube.com/watch?v=HP7L8bw5QF4&feature=youtu.be&t=4m31s
This is a crystal clear example of psychopathy. The scale of human suffering that the death of 500,000 innocent children implies is literally beyond anybody's mind to comprehend. One example of a remotely reasonable reaction to that question is...
"Worth it?! Of course it wasn't worth it. What kind of sick question is that? Are you trying to deliberately terrorize the relatives of the lost with this grotesque insensitivity? Nothing like this can ever be allowed to happen again. I am completely hollow from the horror of it. My only wish now is to join those poor children in death for my part in failing to protect them."
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The podcast you guys did with him on Oct 28th was how I was introduced to Bitshares. I've followed him for about 2 years now and have recently delved into crypto. http://www.goldenjackass.com/main5.html
INTERVIEW WITH BITSHARES
November 12th: topics covered are Global Currency Reset with its delayed implementation and confusing aspects and ramifications, constructive cooperation between Russia & China, the Agenda-21 and its many ugly faces from Elite destructive pet projects, the prospect of lower oil prices and the resultant damage with specter of new energy sources, the wonderful independence of internet and freedom from controls, some personal career path details
https://beyondbitcoin.org/beyond-bitcoin-bonus-hangout-jim-willie-golden-jackass/
You should get Peter Schiff as well. He is already on board with bitcoin and is an off shore fund manager. Check him out on youtube. Has a pretty large following.
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welcome
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Yes, welcome SSgrim! We hope you feel encouraged to engage with the community... Just watch out for the negative trolls lol