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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (169336)3/9/2021 11:56:06 PM
From: sense  Read Replies (1) of 217588
 
Much in there I accept as 1.) truthful enough to enable "some" trust, and 2.) cognitively balanced...

Think it wise to avoid obvious labels, such as "money... brought to you by Enron"... also... yeah... eyes open.

I have been thinking about 8.) for a long time already... that potentially being a much bigger deal in the real world... in two or three years from now... than the serial tokenisation of the commons in ether / hopium...

token... script... ticket... same ideas... in each what matters is the contract it represents... which is the actual point of value and the performance required... including as in other things... such as accounts that require proofs of identity to access and use the value in them... or bearer bonds or notes that "are money" that do not... The law of digital representation of contracts... and the issues in their transportability... intact... across jurisdictions... is not mostly about the engineering of the tech to make it do what it can ?

I'm not convinced the engineering, alone, really works to enable a transparent and functional disintermediation yet... but as the engineers continue work to enable it... I see nothing emerging in the struggle that makes me want to trust them in giving legal advise, or hire them to use as my lawyers ? The same, I think in "strategy and tactics"... in competition... which is not about mostly engineering.

A number of flags of different colors and differing heraldry worth noting...

The only one I see containing any red... is 9)... which boils down to a combination of chutzpah and ignorance that bears watching... even if taken in context of it being a diss of gumshoe bureaucrats... as even that contains risks... in simply assuming you have no risks. If that occurs because of disrespecting others ability, or power... thinking it doesn't matter ? Assuming others are not a risk to you... can also predispose to making errors of the sort that "if you can get away with it... why not"... while perhaps not correctly parsing differences in situations ? There, of course, the seeds of the same issues as seen now in currencies / banks (Enron) that are the source of our key issues with them ?

Assuming nothing to fear from competitors, broadly defined... likely ensures no viable plan to deal with them... or correct for errors in risk assessments when risks are realized.

Perhaps a risk or danger of the sort that emerged with the popularization of relativity theory... if physical reality is relative... why can't other things in life be made similarly relative ? But, of course, relativity doesn't repeal the basic rules or change the ways in which physics matters in our daily lives... at all... extending the idea into other things... not overly useful.

"This changes everything"... almost never does. So, a need for avoiding error in belief rules are repealed...

When you think your risks are obviated... because those posing the risks are hopeless idiots... it usually means they've succeeded in duping AND disrespecting you... Who does the moron work for ?
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