Hi guys, I hope I'm familiar enough here that this isn't going to be mauled as a spam post.

I'm beginning to run sponsorship auctions for Beyond Bitcoin - the LTBN podcast I host which had it's humble beginnings right here on these forums. More than anything I'd like to use the ~one minute sponsorship slot as something more than an ad. One way I thought this could be achieved is by promoting delegates and other trusted parties which serve decentralised networks. In this way not only will the sponsor's service reaches 3000 - 23000 ears but the platform they serve will also receive attention and we get to promote these network curator positions as a profitable enterprise worthy of a marketing budget.

The cost to you and profit to me from sponsorship will be negligible but it enables me to bring value to a platform I have an obligation to support (LTBN), provide additional content, educate the public, and support your service and platform. (Yes, I'm talking about Bitshares delegates but keeping the speak neutral)

This is the only announcement of the auctions I will be making apart from the next Beyond Bitcoin episode. To participate just purchase LTBC and submit to the auction through counterwallet.io.

I post this here primarily for discussion as I will repost in DAC Delegates.

Cheers,

Arthur/Legend - whichever you prefer

Listener Stats: https://soundcloud.com/legendface66

Auction: http://auction.letstalkbitcoin.com/auction/beyond-bitcoin-sponsorship-token

Sponsorship Calendar:https://trello.com/b/FEIZFI6q/sponsor-schedule/calendar/2014/10

Duuuur

 :/

I've tried converting to multibit, importing individual keys, etc. could someone please sticky a tutorial for using the console?

I think you are on to a much bigger issue than problems with the money system, namely the coming (and continuing, and accelerating) irrelevancy of humans to production.

I hear what you are saying but that is a different issue. It just looks very similar to this one. We are still a labour driven civilization. Still, that is another issue that should be considered when designing the system of incentives that the new economies grow on.

@Stan - Let the blossoms fly I say!

@luckybit - I think the pollination metaphor is a great conceptualisation of the path ahead. Probably worth working into an article if you have the time and inclination.

To address the idea that economies are grown rather than designed, let me direct your attention to commercial horticulture. A contemporary commercial stone or pip fruit tree may be trained to grow with a single trunk with four branches intersecting the trunk at elbow height another tier at about eight feet. In the eighties and early nineties you saw more double trunks that cambered out with wider rows but similar stratification of branches. Before that you had quad trunks.

Each of these tree structures were born of the times. Specifically, intensifying production per hectare over time (single trunks mean more trees) and different mechanical tools (ladders work well with multiple trunks, cherrypickers allow easy harvesting of the second tier of branches).

These trees are trained to grow in an exact and highly replicable fashion through pruning and other techniques. Economies are the same. Subsidize the farming sector and you'll get disproportionate growth there. Tax it and it'll shrink.

Most of us are feeling the pinch right now. I'm a traveling person who follows the money. In the last two years I've lived in the States, Australia and now New Zealand. The fact that New Zealand is where I've wound up says a lot about the labourers lot in the world. Because, put simply it's bloody shit here just not quite as bad as everywhere else. (plenty of exceptions)
We are already seeing two income families falling below realistically livable income levels and as illustrated in the original post, this is happening at an increasing rate despite an "improving" economy.

This state of affairs is the result of the labourer (worker) enjoying a reduced share of total income.

We need growth in this part of the economy and we need to prune the bloated part.

This will never happen due to the proof of stake style of the fiat system but in growing (verb) new economies we need to be cognizant of these issues which are are inevitable if not addressed we can patch the jumbo jet in flight or grow it for the conditions we know it will encounter.

This is a discussion Delulo and I have been having which seemed suited to a forum post. . .

Quote from: legendface66 on July 27, 2014, 11:17:48 am

Incidentally, I think the only way to achieve a shift in the equilibrium of capital concentration is through technology. It's the only wild card that can sufficiently alter the landscape. The capital shocks at the start of last century were the biggest social and political events the world has seen, they evened things out but we are trending toward the old concentration again. What political, social, geological changes could potentially result in persistent wealth distribution?

Quote

The capital shocks at the start of last century were the biggest social and political events the world has seen, they evened things out but we are trending toward the old concentration again.

Do you mean 1929 here or 2007?

By "persistent wealth distribution" you mean a more even one?

I'm referring to the two world wars and also the great depression.
During these events capital was destroyed and appropriated, resulting in an increase of the labour force's relative share of GDP through reduced total private capital holdings and also an increase in public capital holdings (in some cases, don't quote me). So what I really mean is that non-private capital earners commanded a greater share of economic activity and enjoyed greater relative income.

As established, capital necessarily concentrates. Following those shocks it has done just that in non linear fashion "compound interest is the most powerful force in the universe". The curve is becoming hyperbolic right now.
Familiar, off hand numbers:25-49.9th US household wealth percentile, average wealth 1989: 30.9k, in 2007: 52.7k. 90-100th percentile for the same years: 1009k, 3,619.6k

The US is particularly bad but Europe is somewhat similar. To my knowledge the 2008 crisis in no way resulted in a change or even a slowing down of this trend. look at this telling graph:http://www.forbes.com/sites/kerryadolan/2013/04/09/a-rivarly-graphed-how-carlos-slim-overtook-bill-gates-as-number-one-richest-in-the-world/

"Persistent wealth distribution" is very sloppy and the wrong phrase. I mean an equilibrium state where the distribution of income from all sources across the socio-economic spectrum is flatter.

And the point of all this is that blockchain tech provides the opportunity to experiment with the design of economic systems which may lead to the discovery of some that tend toward such an equilibrium.

I myself would start by introducing dilution of 2% per year.

Bring on the trolls with their torches and pitchforks!

bty  I'll smash out an episode tonight and have most of the next week free.

arthur.falls but you know that already. please just skype message me a time to catch up. bearing in mind I'm 12 hrs ahead of universal time and leave for work at 7am return about 5pm on weekdays. Anything outside of those I can make otherwise please just shoot me the minutes. The folowing is what I'd say:

I'd propose offering representation in New Zealand - we are a major economic player on the world scene but prefer speaking to people in our common tongue. If that is of limited use, I'm happy to offer what PR assistance I can remotely.

Voicing new animated content if desired or any content for that matter is easy.

I'll scrub up the hangout recordings over the next few days so you have those to link to, I'm using one for the next podcast so that should bring some indirect attention to the platform.

The Beyond Bitcoin site will get a tidy up before the end of the week and I'll post clouts contribution there (brilliant PR guide).

Not much else at my disposal as I can't do another bitshares podcast right now

NXT has solicited their community to contact computer science faculties worldwide, I would suggest we do the same and also look at developing pitches for business oriented faculties too. here is the post outlining the start of theirs:

https://nxtforum.org/general-discussion/%28ann%29-nxt-academic-outreach-program/

I'd suggest that we skip straight to building an education resources package oriented toward either business or CS and put that forward.

Wherever I can be helpful I'll be.

I'll run and maintain a node in the cloud wherever in the world it makes sense to do so. When it becomes feasible I will set up multiple nodes in geographically diverse locations to provide the best node location in the event of network disturbance! Take that!

I'm trustworthy - I pay out of my own pocket for the Beyond Bitcoin podcast hosting and have no intention of advertising on the platform. I'm motivated as an idealist and evangelist.

I've proven myself reliable and hard working.

I'm attempting to develop a media identity. The title"Bitshares Delegate" will provide mutual credibility to myself and the Bitshares project. The same goes for anyone in the media sphere.

Pick me! Pick me!