Trump recently when visiting Kansas City and speaking in front of the VFW (note: it is expected that Trump may actually deny as he does in the near maximal sense of offering denials), offered to his audience, "Don't trust what you hear!' That is in reference to Trump, that anything said can not be trusted. That strange moment, certainly reminds of the authoritarian persecution mania strain running in Trump, but it is also one that is self iconoclastic since after all aside from faith or lack thereof, Trump would concede that such statement offers that little truth of accomplishment or failure is owing to Trump, though he'd also state (easily surmising), I never made such statement. Its contradiction is almost what I coin for the political behaviors of a leader as 'maximalist populism' or in simpler terms, 'Be all for everyone, and let them invent your self narrative.' Though Trump is re pleat with double negatives, and certainly that anything possibly said involves a negation in many cases. There is, however, this perverse nature of Trump when having stated 'there is not believable reality' and only faith, beyond entrenchments or simply in having hoped to maintain an exploitation between polar extremes. There is no argument. There is no saying otherwise. There is only faith, and faith in a human leader that apparently contrives a narrative of the non reality of reality. Think about this, however, it is an investment of belief in the infallibility of a human leader, however, that Trump simultaneously argues and argues against (in the likely scenario of refutation), and here he attempt to escape the culpability of his own self leadership. There is and isn't the good economy that is the simultaneously the apocalypse of gone defunct economy, all things that Trump would likely say that he never said. Its hard to understand this type of political logic, as to where it ends, excepting that ardent supporters could be sensed only having filled in this narrative as they have pleased. It isn't that Trump ever bashed, after all, NBC, the same media that served to create the icon of Trump that Trump himself demolishes. Maybe this is incorrect in saying, however, in that Trump manages the stasis of his own image. Beyond the faith in the talking statue of Trump that said, didn't say, is nothing. Trump only hopes, as with human imagination, that his ardent followers are creating their own image of him in absence to much thought given about the 'non reality of now'. However this chaotic politics continues remains to be seen. Press secretary Sanders invents as much as Sessions as much as Pompeo the Trump that is seen, and in many respects none are really observing him
Thursday, August 2, 2018
Wednesday, August 1, 2018
Some crypto currency thoughts
https://nyti.ms/2NYYSdw
Cryptocurrency’s proof of work system generates coin through mining with cryptographic math problems that have known solutions. It probably helps to understand the proof of work concept. Crypto currency like bitcoin use a decentralized version of Hashcashing. In this case, the proof of work hashing requires all the work and subsequently has time estimations integrated into the solution process. Knowing the solution doesn’t really help here in advance since proof of work sets expectations of work hashing via sender and receiver communications (all the bad guesses are expected). If fraud were to occur it would be likely in a time compressed manner and requiring access to all decentralized server nodes receiving fraudulent or time misreported work. In other words the server nodes would need be hacked. Servers compromised on this order probably poses no more if not less risk relative to traditional banking industries in terms of vulnerability I would imagine.. If any vulnerabilities existed in a significant and endemic way it would likely show with respect to coin scarcity and devaluation. I imagine there are indirect measures for fraud on this point. Most crypto currency security-vulnerabilities exist because of poorly administered user accounts through exchange systems but not thru any inherent weakness of the coins production design. It is designed to discourage fraud and more likely has pushed most fraud exploitation in banking to other areas relative traditional banking. Proof of work is designed to control scarcity of the coin, and while scarcity and fraud may be thought interchangeable, I think it is a bit misapplied stating that the coin's cost has been held arbitrarily high for the sake of warding off fraud and for verification. Speculative value of the coin comes thru classic market transactions and neither relate to the inherent structure of the coin's production value. Verification of the bitcoin is actually relatively inexpensive and is an integrated ledger in the bitcoin (hashed) and verified through the p2p node servers ledger systems (my apologies if I am incorrect). Certainly higher demand for the coin (scarcity) translates into potentially more miners that could come online to produce more coin hoping for higher returns, but considering that the average miner returns are quite low for even a basic setup (daily a couple of dollars for many), incentives to inflate the coin's supply and demand are always tempered relative to one another. How the insurance of the "real deal" of the coin play's into its intrinsic market demand I think is personally nominal. The bitcoin's production and security (verification) are not synonymous.
Cryptocurrency’s proof of work system generates coin through mining with cryptographic math problems that have known solutions. It probably helps to understand the proof of work concept. Crypto currency like bitcoin use a decentralized version of Hashcashing. In this case, the proof of work hashing requires all the work and subsequently has time estimations integrated into the solution process. Knowing the solution doesn’t really help here in advance since proof of work sets expectations of work hashing via sender and receiver communications (all the bad guesses are expected). If fraud were to occur it would be likely in a time compressed manner and requiring access to all decentralized server nodes receiving fraudulent or time misreported work. In other words the server nodes would need be hacked. Servers compromised on this order probably poses no more if not less risk relative to traditional banking industries in terms of vulnerability I would imagine.. If any vulnerabilities existed in a significant and endemic way it would likely show with respect to coin scarcity and devaluation. I imagine there are indirect measures for fraud on this point. Most crypto currency security-vulnerabilities exist because of poorly administered user accounts through exchange systems but not thru any inherent weakness of the coins production design. It is designed to discourage fraud and more likely has pushed most fraud exploitation in banking to other areas relative traditional banking. Proof of work is designed to control scarcity of the coin, and while scarcity and fraud may be thought interchangeable, I think it is a bit misapplied stating that the coin's cost has been held arbitrarily high for the sake of warding off fraud and for verification. Speculative value of the coin comes thru classic market transactions and neither relate to the inherent structure of the coin's production value. Verification of the bitcoin is actually relatively inexpensive and is an integrated ledger in the bitcoin (hashed) and verified through the p2p node servers ledger systems (my apologies if I am incorrect). Certainly higher demand for the coin (scarcity) translates into potentially more miners that could come online to produce more coin hoping for higher returns, but considering that the average miner returns are quite low for even a basic setup (daily a couple of dollars for many), incentives to inflate the coin's supply and demand are always tempered relative to one another. How the insurance of the "real deal" of the coin play's into its intrinsic market demand I think is personally nominal. The bitcoin's production and security (verification) are not synonymous.
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