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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (169510)	3/15/2021 5:58:30 AM
From: sense	Read Replies (1) \| Respond to of 217588

More dogs that don't bark... caught not barking in a cul de sac... I do notice lots of new coins coming out all the time... mimicking the means and formula for the success of prior coins... each of which is still floating on the hoped for actual exemption previously allotted only to Spring Street Brewing as a one off, with no others... while each new coin is claiming this or that innovation or advantage.... and while the withholding of the guillotine is sustained...suspense builds... giving some hope that the whim of the fiat in deciding to not decide for the moment.... is a reason for optimism. And, I notice that each such new offering, is a partial dilution or substitution of the "fixed number" of bitcoin to be allowed... with some succeeding for a time at least... others apparently falling into obscurity... but all sharing in the same foreboding ticking of the clock as the guillotine blade hangs there... with the fiat having issued only an preliminary opinion on some things at issue in valuation, but not a declaratory decision in terms of legitimacy or legality... causing only more confusion. It leaves crypto, like Joshua Abraham Norton, enjoying widespread public tolerance and support... even in the expectation that his title as Emperor of the United States would likely never be perfected... no matter the acclaim for and proven wisdom of his decrees... If only Norton had been the one that had come up with this idea ? No, Elon... No. But I don't see many of the new coins doing much to fix problems bitcoin has failed to fix... in a way that might alter the decisions that are made to facilitate actual adoption and use... or just the functionality to actually enable its use... as, say, in pairing the existence of the coins with functions of computers in a way that succeeds in making disintermediated transactions both functionally secure and simple to complete... with less resistance than required in similar functions now... even in PayPal wanting me to redo the stupid Recaptcha... because I mistook one thing for another... (are they testing my vision or my powers of recognition and discrimination... and to whom are they selling the information ?) More puzzling as that sort of function exists already in non-monetary applications with disinterested intermediaries providing open key certificate validations and such... that don't seem to depend on any inspection of the content of transactions and validations of the parties identities... rather than the validation of the things used as payments in exchange... ? I have to wonder why that persists and nags at me... Although, the approvals sought... or what happens as the ticking of clocks ends in its count-down to some undefined limit... seems it will all still depend on submission to the fiat... requiring the content in issue and identity of those transacting be revealed to the new (and more effective) intermediaries... no matter the utility in validations, or not, of the things used in payments in exchange ? So, success... is dependent on failure in primary utility in claims made... in a submission to direct control by that very thing it seeks to disrupt ? And the suspension of the clock and the guillotine blades fall... is about the infiltration of the intermediaries being given time... to try to tie the beast down, and tame it if possible... before it can be declared to be free ? And, then, only once it is tied down enough to be declared free... useful... and extremely valuable... can it be killed by the means used for things like that... in markets... ? As, also, that resolves one of the issues in things disintermediated transactions should resolve as a problem... in the need for additional tolls charged by intermediaries in transactions tied to conversions from one coin/currency into another ? That the possibility of lowering intermediary costs exists... or of eliminating them entirely... is not a reason it will ever be allowed... save for its utility in lowering intermediaries costs, and not their tolls ? That intermediary function exists in FX... for obvious reasons where there is a physical deliverable... but, what is the cost of converting one digital currency into another... or betting on its change in price... when the whole point is that digital money is frictionless... lower in costs... and doesn't require any intermediaries... so the exchange of one currency for another or any thing in a transaction... is no one else's concern but that of the two parties making a deal to exchange this for that ?