Wednesday, January 25, 2017

New start up, Altagoogle features banned news

Google's Permanently Banned 200 "Fake News" Sites will be featured


Altagoogle also offers news bot frameworks, an app whh can create banned news to suit viewers tastes. Altagoogle has been evaluated at $9 billion, and is due for an IPO.

I invent launch and glide commuting

Musk want to commute under LA. I say launch ballisticaly over it.

Electro magnetic launch puts a six person capsule on a ballistic trajectory.  Near the top of flight, glide wings deploy.

The vehicle also carries a thousand pound compressed air turbofan, good for five minutes.  It lands well, most of the time. Lunch tubes and run ways are deployed at various points in the LA basin.

Trumpflation is back

More Trumptweeting did the trick.

Tuesday, January 24, 2017

Biagio Bossone pitches his opinion on crypto money, via VOX, of Europe:

Abstract: Electronic money – digital payment instruments that store value – can be seen simply as a technological innovation for holding and accessing regular money. This column argues that how it is used and regulated will determine whether e-money instead serves as a replacement for existing money, and discusses the regulatory implications.


His claim is that e money cannot meet all the regulatory burdens of regular central bank money. But the division between money services and money value is false.  Trading pits, the standard issue S&L runs autonomously, there is no seigniorage  Hence, bank trading rules do not apply.  Not are there any time structured contracts at the pure cash layer.  All transactions are generally fair bets, and the net value of any S&L, in terms of accumulated bit error, is known to 3% or so according to contract. So, for basic money issuance, there is no gain to involve regulator code. So, onve you have e money, youhave money issuance and currency risk, no way to avoid it.

How government agents should hunt us in the sandbox

The fops will find us by watching unusual actions by card ID.  These card IDs interface at a point to  smart contracts, and the shoe leather snoops can snap the rel photo of crime.
Then, with probable cause, they can issue warrants for any trade with a thumbprint match that matches the criminal exchange.  In other words, they can work back by card ID, hunting the physical card by uncovering a trail of matching card IDs.  Just like real accounting, each card ID in the sandbox hedging one of the account entries. Government accounting bots, and the python folks who write them will make zillions, hunting down tax revenue.

Government transaction costs  will be priced in the  pits, regulated pits will not work as expected..  The sandbox eventually builds an implicit gain and loss for government, they end up in a narrow lane of smart contracts, insured against, hired out by tax agents, and isolated. A private sector tax hedge industry, largely counter spies working against government,plotting, cheating.

 Government should stay out of the pits. If I were an advocate of government monopoly, I might insist on the 'warrant' clause in the smart cards, they must recognize and obey an adjudicated seizure of property,. the judge has a hidden seizure key.  But I recommend against it.  Government should get a warrant to force the human to fingerprint, and the human should physically refuse, have a fight about it.  Leave the card out of the discussion.

The other argument

A legl warrant to seize moneys is generally observed today, the legal sheriff can take a pile of green, cout outhis share, and leave the rest. Why should pure cash lose that property? Afterall, if itcan reoresent its own bankrupty, it can obey a warrant.

That is thecatch, the card will obey its own bankruptcy, and operate an absolute red/green investing imit.  But, warants, associated with card IDs get noticed, the card cannot prevent that, and government agents free to publish.  So, the card with outstanding warrants finds it impossible to trade within the users/green range.  The pit would have its own credit quality service, one tht tracks judiial warrant,.

Bankruptcy is enough, no need for special government warrant or tax code.

How about the Fed balance sheet?

Large.
Ben Bernanke made a bet, and the Reverend Trump will fulfill the bet.  Ben thinks that  Trump can line up about twice as many independent school girls in the parade as we thought. Trump will get all the contracts straightened out, have all 100 million households in agreement before the ten years is up, next year.

The Reverend Trump will need all his Miss Universe experience to line up those schoolgirls.

Card always present

Credit card fraud includes a class of fraud called Card Not Present, CNP.  Those are online purchases where the fulfillment clerk does not see the card.  The fraud happens when the purchase requires a card fill in field, using a fomr filling bot on your computer.  Some phishing virus has already landed, it is on your computer sniffing when you use your credit info for a purchase.

Smart card is always present, or it has been thumprinted a certified trading bot to act on its behalf.   It wil be Card Always Present.  Always present is verified with the card ID, exposed to other bots.  That ID verifies, via decoding, that the associated accounts obey the rules and are attached to a human. 

If forgeries occur in the pit, the  it is a fundamental error, or someone was blackmailed.  So, simplify theory by simplify stating all trades are between valid bots.  Regardless of the link, two similar bots execute the appropriate exchange protocol, understand where the ledger services are, and know how to scan and bet the basic pits.

The smart cards have other rules built in, and unalterable.  They eventually report missing humans if they haven't seen a thumb print recently. They know what a fair bankruptcy looks like, and will do that without thumbprint upon a judge's order. The know about expiration dates, and may have other timeouts agreed to. And it speaks NFC to the app layer, and during purchases.
The idea is smart cards keep all pricing operations within the sandbox, they have a completed conditional probability menu.  Or, other than priced risk, I know the conditional probabilities of my accounts; my balance sheet is a graph that holds a closed set of conditional probabilities, each entry being a finite probability distribution.

Can card ID theft be a problem?

No, but collecting card IDs is discouraged. The card IDs are not permanent, they have timeouts, the smart card may even create a new one for a specific contract, all with timeouts.  The card ID is more of aencrypted token, like the master charge and /visa tokenization of card transactions. But the card ID has a life over multiple transactions, which should be a finite count.

I would say that card IDs should be collectable by merchants, under contract. So, in a card to card protocol, an exchange of card ID is not revealed.  But, revelation can be enabled by thumbprint. The smart cards can enforce this.

Think of a card ID as the verification of a valid trading contract you, the human, agree to.

 It is a set of instructions defining what and how to trade some digits of yours.  If it is stolen, what can the thief do? Put is back in the box, somewhere, it will just continue trading on your behalf, not his. He can use your card ID in a bogus pit, but ultimately, some ledger service requires my your thumbprint, if the stolen digits are spent. I think it works out, some buult in rules on card ID generation, combined with private and public key, the crypo guys make card ID an important sandbox tool. Especially useful, it is independent of coin type.

The key point about government defaults in the sand box

The lost digits are remembered as a chaotic bit error stream, the losses are no longer traceable.  That makes it a true default.\

Under the current system we know who is mostly responsible, Texas and the Bushies, Reagan and the Californians.  You will never get national unity, a bunch of poor slobs trekking out of Illinois will be blaming either California or Texas all the way. It is on the record.

So default as a barely predictable random trend. The sandbox can make that happen. The Senate can periodically vote to curse  the bonehead large states that foul the system, then default. Send a request to the sandbox, the bond loss machine will buy a bond, then put it on the graph for conversion into bit error, poof, its gone, gone directly to inflation. Eventually voters will figure it out and abolish the Senate, or force the ASouthwest out of the union.

A perfect paranoid in the Nixon mold

Paul Krugman, the Nobel Memorial Prize-winning economist and liberal New York Times columnist, questioned President Donald Trump's mental health in a tweet Tuesday morning.
Just the deranged schemer that can get an old helicopter flying. Get all your baskets patched and prepared, Paul Ryan will be flying for the Madman. 

"An American first: a president who was obviously mentally ill the moment he took office," Krugman tweeted along with a New York Times report that Trump 
It usually takes a week for the Swamp gas to have its effect. Suggest some closer air monitoring. 

Get your own news bot

Facebook, Snapchat Deals Produce Meager Results for News Outlets

The deal here  is that Zuckberg got our text. So Zuckerberg makes this intelligent bot, a semantic graph processor actually. A semantic graph processor is like a trading pit that is mobile, moves over the bid/ask network, and cannot price.

Anyway, Zuckerberg makes this neet presentation bot, it can mix news stories, kitten videos, and my text onto my screen quite nicely.  So I am addicted to kitten videos, and I get to use Zuckerbergs presentation bot.

So, news papers, make a friggen bot. Call me, for a  million dollars I will find the staff,the geeks, and the technology which we already have.  I will make a presentation bot market, an entire friggen industry devoted to new reporters and their desire to make fake news.

Then each news paper can have their own presentation bots and mix their own news, our text, and other new to make really great fake news and I will be addicted. We can tailor the bots, inherit and replace the standard themes.  You want a bot for socialists, delusionalists, monotenarians, or lesbians; we got a bot flavor four your news reader.  Just click the icon, you rent the bot and read whatever fakery pleases you.  Make news fun will be yhe market motto.