Saturday, October 29, 2016

The pure cash fairness doctrine

All Smart Cards are created equal, in terms of protocol.  So, any smart card cannot create special groups without pricing them in our out.

Consider the idea of free scans of the graph.  Under the fairness doctrine the numb of requests in  the queue will represent the value of 6 billion smart cards doing requests.  The collection of bots, all 6 billion, will simultaneously discover that this site estimates the typical red/green indicator over the aggregate, as a generating graph.  It will see a relatively N bit value, the typical sequence of the request queue.  Remember the golden rule of the TOE,the aggregate becomes a theory of operation as it attempts a two coloring.  So eventually a site offering free scans will eventually become a useful indicator of something as the request queue balances. Or, under the fairness doctrine, the aggregate always generates a price.

How does the adjustmen work?
Bots deliver honest assessments of precision, it is the equilibriating function. So when a flood of bots send requests, the queue size reported back will have very low precision, it is full of requests.

,The originating bot will make fewer requests, it is getting low precision results back.  Eventually the requests stabilize, in the collective, and it self measures its collective desire to submit requests.

The current Fed is saying money is all about requests for queue size

It is what happens when one member bank gets stuck and there is no exit protocol.  So, the member banks have settled down to checking the queue size every so often to see what the member bank with the 2.4 T in loans is up to.

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