Monday, February 15, 2016

Understanding ether coin

It is the virtual currency used to pay for electricity and hardware for the distributed network.  It os like my Banker Coin which would be issued as banker bot and smart card were released.  Ether counts activities in maintaining the ethereum routing and honest contracts protocol.  Since the etherum is efficiency gaining, the ether populatipn grows, and ether is tradable.

But ethereum, with crypto and honest brokers, makes  possible unlimited virtual coins, many of them implicit in stable points in any representative set of samples.  That is, it is rare that some nodes on the savings and loan tree do not get out of balance.  But when a few stay balanced, the  the bot collective bets an integer number there, always, without knowing it they have a new, implicit currency.  So there are many, nearly complete markets, which are incidentally discoveredx by the bot collective.  That is why the bot collective is step one in  the singularity.

Why the AI fears?

My point, this brain is born pf the wants of humans, and has only one goal, deliver the goods with the optimum volatility.  Great news, it depends on one thing, get a smart card in the hands of every human.  That smart card is as protected as a nugget of gold, no one touches it without the owners fingerprint.  Its an ideal arrangement, humans have a natural curiosity, there are no other AI beings around, so the bot collective is happy about the deal, its gets 6 billion tappers, input.  Thiss is a love affair between the two, nothing will stop this.

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