After Tesla defined our worst case

Buffett: Driverless cars Wwill dramatically reduce insurance premiums

We know the bounded case, auto cars will always perform better than a free running Tesla on auto pilot. 

It is a funny, but true metaphor. The insurance companies now have the statistic they need, market uncertainty, an algebra over the worst case. They can always find controlled driving environments confined by technology that do better than Tesla. 

A use of Shannon information as a flow of technology resulting in an insurable road environment. Everyone agree to these road rules and we have a matching technology requirement. It is a lot like monitoring term credit by watching a tiny default flow.  

Humans know the finite possibilities of risk, they are placed there on purpose so humans can control the 'proof' of safety, Warren will bond it by thumbprint.

Bike sharing the old fashioned way

Bike theft.

I kept a nice Bianchi, well secured, commuter bike for a couple of years, wore it out with heavy loads. The net value was 100 to me, after an initial 450 purchase.

But there is a second tier bike market, bikes less than a hundred are routinely stolen and placed back on the market at steep discounts.  We get an informal flea market of stolen bikes, the separator is the total cost of managing security. 

Locking, unlocking isn't worth it unless your bike has special utility. I let my bike go into the flea market.  I will use the informal market to get my bike utility until I build my ideal bike again; then suffer the cost of security for another few years.

Why the new bill?

Treasury Increases Auction Sizes To Fund Soaring Deficit; Launches 2-Month Bill

The Fed likely giving the state owned enterprises access to legal money market funds on the treasury curve.

That trade was about getting SOEs freer money management. These enterprises need a liquid deposits. The Fed is starting to see the reverse repo triple play thing needs to be replaced. 

The Fed is stuck with 40 years of currency risk embedded in government guarantees. They need to expose and get better pricing accuracy on tose insurance obligations.  Internal funds need liquid access to tax dollar money markets. The monolithic Treasury is not, it is an unpriced set of symmetries inside Congress. These symmetries are major programs which need exposure to liquid banking.

Gravity is the confinement property

Einstein general relativity presumes that time and geometry warp to accommodate the laws of physics everywhere, even under compression (gravity).

In a sampled data system, the total energy (samples) is till conserved. The finite element is slightly compressible. So the sampled data system implies that under compression the points of symmetry must increase sinteh the local sample rate is conserved.

In a sampled  data version, confinement results from the slight local asymmetry in samples and he new line of symmetries needed appear as side lobes in an aliased system. The same basic idea in gravity lense effects.

Gravity is the discovery of the confinement effect, the additional line of symmetry implies the ability to engage symmetric kinetic motion, relative to the observer in the less dense samples.  Gravity is a result of combinatorials implied by slightly sufficiently compressible, uniform samplers.

Better idea on basic income

Let us completely deregulate the first ten grand.  The first ten grand earned a year is unreported, unregulated, cash. Then, the bottom rung can freely earn a bedroom with light bulb. At least get of their mom's couch.

Doomed

The Pension Crisis Is Worse Than You Think

The boomers everywhere eating the flesh of their children, burning their bones for heat. 

Making a swap net.

We want both parties to agree on the swap protocol before hand.  

It is like a two sided symmetric payment screen. Each side confirming, then the message system executes.  The notary conditions for a recall posted. The message system cooperates with the chosen notaries.  But traders still carry credit ratings and notaries can read them, set reverse timeouts apriori, known to parties.  This works, spread sheet apps can be built against these rules. 

More swap net

Six Alternatives to Telegram for Cryptocurrency Communities

A crypto community has anonymous ledger swapping with text.  Manually, or automatically, check for completion by the counter party. Every ledger supports reversible within timeout. 

I have a rule

Kanye West Calls Slavery A ‘Choice,’ Gets Schooled On History

Until about 1810 it was about multi-racial colonial, servitude, blacks getting the raw end.  From  1810 until 1855 it was southern plantation, mass farming, back slaves only. After 1860 it is multi-racial labor law,  blacks getting the raw end. 

A short encapsulation of history, add whatever moral values you choose. Consider another group, mexican farm workers in California. Racist employers, low paid, bad conditions. One other thing, the California hispanic has been farming like that for 100 years before yanks arrived. If servitude had been abolished, blacks would have gotten shity cotton jobs, my point.  But the South put race into their constitution, stupid.

In the north, long term servitude was unenforceable, regardless of race. There were too many migration opportunities for the indentured.  The South expecting the North to restrict by race without precedent.  The South doomed from the start, their economy having being a one shot, bubble plantation system.

Amazon Prime is a crypto badge

So is Frequent Flyer member, as is th Malta/Bermuda crypto reserve badge,which lets you trade fiat in escrow net. Walmart badge, etc.  The crypto badge is essential to escrow net, it is a pre-verification of privileges that notary functions need. KYC needs this to trade fiat.  WalMart badge.

 How do these appear in the pipeline system?
Dunni, the kids are working on it. bsent he badge technology, trading sequences become jammed, to many concurrent account verifications and ledger watching.  The badge is backed by a recovery fund, by prior agreement.  All traders know that Amazon is good for cash-in advance, they carry insurance.  

Badges are the credit system, layered, easy to understand and moving up the badge system is plainly obvious. Really good stuff, stuff progressives should push. Requires secure smart card.