Re: How the banks are stealing our wealth

2013-12-23 Thread Telmo Menezes
On Mon, Dec 23, 2013 at 4:55 AM, Jason Resch jasonre...@gmail.com wrote:



 On Tue, Dec 17, 2013 at 6:34 AM, Telmo Menezes te...@telmomenezes.com
 wrote:

 On Mon, Dec 16, 2013 at 9:02 PM, meekerdb meeke...@verizon.net wrote:
  On 12/16/2013 12:53 AM, Telmo Menezes wrote:
 
  On Mon, Dec 16, 2013 at 5:59 AM, meekerdb meeke...@verizon.net wrote:
 
  On 12/15/2013 4:23 AM, Telmo Menezes wrote:
 
 
 
 
  On Sun, Dec 15, 2013 at 9:49 AM, Bruno Marchal marc...@ulb.ac.be
  wrote:
 
 
  On 14 Dec 2013, at 23:27, LizR wrote:
 
  I haven't had a chance to watch it, but I do know that banks are
  stealing
  our wealth - as indeed are rich people generally, since wealth
  breeds
  more
  wealth and that more wealth has to be extracted from you and me.
 
 
 
  Money and richness is not a problem. It is the blood of the social
  system.
 
  Money and richness is a problem only when it is based on lies, and
  when
  it
  is used to hide the lies and perpetuate them.
 
  Honest money enrich everybody. True, it is slower for poor, and
  quicker
  for the rich, but when people play the game honestly, everyone win,
  and
  poverty regress.
 
  In a working economy, there are few poor. Presence of poverty means
  that
  there are stealers and bandits (or war or catastrophes). Accusing the
  system
  and money itself is all benefices for the bandits. It dilutes their
  responsibility and wrong-doing in the abstract. It helps them to feel
  like
  not guilty.
 
  As I said, criticizing the economical system is like attributing to
  the
  blood cells the responsibility of some tumor since the blood cells
  feeds
  it.
  It hides the real root of the problem, and focus on the wrong target.
 
 
  I agree, unsurprisingly. :)
  I also agree with Liz, in that it is clear who is stealing the money.
 
  The rich get richer is a very fundamental phenomenon. Even if we
  remove
  money from society, it will still happen because it also applies to
  social
  interactions. The more friends and alliances you have, the more likely
  you
  are to get new ones. This is the reason why every entrepreneur seeks
  the
  allegiance of celebrities. It's a more subtle form of currency.
 
  However, we got trapped into a system that effectively amplifies rich
  get
  richer dynamics. This system is central banking -- since the powerful
  have
  the capacity to issue fiat money in the form of debt, two things
  happen:
 
 
  It doesn't take central banking to make the rich get richer.
 
  Yes, that is what I said. My claim is that central banking amplifies
  the
  effect.
 
  Ever since
  civilization began the rich have been able to get richer just by
  owning
  stuff. For a couple of millenia it was owning land.  If you owned land
  then
  serfs and peasants had to pay you for working the land.  Then
  merchantilism
  added ships to what you could own.  Then industrialization added mines
  and
  oil and factories.  Banking and insurance added financial instruments
  that
  you could own.  But it's all of a piece.  If you own stuff that you
  can
  rent/lend you're rich and you can get richer.
 
  But central banks can print new money. This new money is lent. The
  more money you have, the more new money the banking system will lend
  to you. Thus the amplification. Also, the marginal value of money
  decreases the more you have, so this devaluation and speculation with
  new money exposes the poor to more risk, while they don't actually
  have access to the investment opportunities that the rich have.
 
 
  You always refer to central banks.  But all banks always did this.
  The
  bank would take 1M$ in deposits and then make 10M$ in loans, depending
  on
  the fact that statistically only a few depositors would ask for their
  money
  at any one time.  So they collected interest on 10M$ while only having
  to
  pay interest on 1M$ (if at all).

 I agree. It is interesting to notice that it is highly illegal if a
 private citizen does this, but it is the business model of modern
 banks. An advantage of bitcoin is that it removes the need for the
 bank as a storage facility. It will still be useful to have security
 experts providing safe wallets, but they will not be able to behave as
 banks and lend your money.

 We already have pear to pear lending, although it is illegal in many
 places. Again, with bitcoin, it will be very hard to regulate against
 such behaviours, and I think that is a good thing.

 The current situation is very unfair. We need banks to store our
 money, and they get to invest it in ways that we are not allowed.
 Then, we don't get any of the profit the bank generates from our own
 money. This also amplifies rich get richer dynamics.

  Of course this occasionally resulted in
  runs on banks and consequence failure of the bank.  Central banks were
  set
  up as part of a system to regulate this.  The central bank insures
  deposits,
  but also the same regulatory system limits the discount rate, i.e. the
  amount of money a 

Re: How can a grown man be an atheist ?

2013-12-23 Thread Bruno Marchal


On 22 Dec 2013, at 20:55, meekerdb wrote:


On 12/22/2013 5:04 AM, Bruno Marchal wrote:


On 21 Dec 2013, at 23:28, meekerdb wrote:


On 12/21/2013 1:26 AM, Jason Resch wrote:
If there exists a mathematical theorem that requires a countable  
infinity of integers to represent, no finite version can exist of  
it, in other words, can its proof be found?


If its shortest proof is infinitely long, or if the required  
axioms needed to develop a finite proof are infinite, (or instead  
of infinite, so large we could not represent them in this  
universe), then its proof can't be found (by us), but there is a  
definite answer to the question.


The other possibility is that there are mutually inconsistent  
axioms that can be added.  As I understand it, that was the point  
of http://intelligence.org/wp-content/uploads/2013/03/Christiano-et-al-Naturalistic-reflection-early-draft.pdf 
  A truth predicate can be defined for arithmetic,


In set theory, OK. But not in arithmetic.


That's the point of the paper, that a truth predicate can be  
defined for arithmetic.  I put truth in scare quotes because the  
predicate is really 1-Probability(x)--0.


OK. It is not a *truth* predicate, only an approximation. In fact, for  
each sigma_i or pi_i sentence, Löbian theories or machine can define a  
corresponding sigma_i or pi_i truth, and even limiting approximations,  
which are far enough for practical purposes, but our concern here is  
not a practical one, but a conceptual one.







And in a set theory (like ZF) you cannot define a set theoretical  
predicate for set theoretical truth.


In ZF+kappa, you can define truth for ZF, but not for ZF+kappa. (ZF 
+kappa can prove the consistency of ZF).


Shortly put, no correct machine can *define* a notion of truth  
sufficiently large to encompass all its possible assertions.


Self-consistency is not provable by the consistent self (Gödel)
Self-correctness is not even definable by the consistent self  
(Tarski, and also Gödel, note).





but not all models or arithmetic are the same as the standard model.


Computationalism  uses only the standard model of arithmetic,  
except for indirect metamathematical use like proof of independence  
of axioms, or for modeling the weird sentences of G*, like []f  
(the consistency of inconsistency).


But aren't you assuming the standard model when you refer to the  
unprovable truths of arithmetic.  If you allowed other models this  
set would be ill defined.


Exactly, and that is why I don't allow them. This leads to a  
technical difficulty in AUDA here (alluded to in Torkel's book on the  
misuse of Gödel's incompleteness), which is solved by the use of the  
intensional nuances, but that would be lengthy and technical to  
describe here right now.
I am not sure we are disagreeing on something here, but if it is the  
case, let me know, thanks.


Best,

Bruno



http://iridia.ulb.ac.be/~marchal/



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Re: Bruno's mathematical reality

2013-12-23 Thread Bruno Marchal


On 22 Dec 2013, at 21:00, meekerdb wrote:


On 12/22/2013 5:14 AM, Bruno Marchal wrote:


On 22 Dec 2013, at 01:00, Edgar Owen wrote:


Hi John,

First thanks for the complement on my post!

To address your points. Of course we do have some knowledge of  
reality. We have to have to be able to function within it which we  
most certainly do to varying degrees of competence. That is proof  
we do have sufficient knowledge of reality to function within it.


Yes, computations include logic as well as math.


Computations is only a very tiny part of arithmetic and thus of  
math. Logic is something else, despite many i-rich interrelation  
with computation and computability theory.


Computability can be represented in term of a very special case of  
provability, and provability can be represented as a very special  
case of computability, but those notion are very different and non  
isomorphic.


But computable means halting and returning a value.


That means total computable. But we know that the price of  
universality is that some program might not stop on some input, and so  
we will say that a computer computes even when it does not stop. In  
particular, the universal dovetailing can be considered as a non  
stopping computation. After all that universal dovetailing machine is  
doing something, OK?




 In terms of measure aren't there infinitely more non-terminating  
programs than terminating?


Both are enumerable, although not recursively enumerable. But the  
measure is not on programs, but on the (possibly non terminating)  
computations as viewed from the first person (relatively to its actual  
states). This forces us to dovetail on infinite streams, and makes  
such computations non enumerable, and the constraints provided by the  
intensional nuances (notably the material one (p sigma_1 +  p or  
 Dt or both) suggests the existence of a quantum measure (and a  
quantization).


Keep in mind that, as absurd it could seem to be, the UD does dovetail  
on you (3p) embedded in a reality or emulating a computation which  
iterate infinitely the WM-duplication. That explains quickly why your  
maximally complete consistent extension will be 3p non enumerable.


Bruno






Brent



Proof and mathematical theories are never universal. For  
computability, we do have universality (that's why universal  
purpose computer exists).


Bruno



http://iridia.ulb.ac.be/~marchal/





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Re: How can a grown man be an atheist ?

2013-12-23 Thread Bruno Marchal


On 22 Dec 2013, at 19:48, John Clark wrote:


 Bruno Marchal marc...@ulb.ac.be wrote:

That's a great answer but unfortunately it's NOT a answer to  
the question John Clark asked, the question never asked anything  
about  the 3p view, it was never mentioned. So John Clark will  
repeat the question for a fifth time: how many first person  
experiences viewed from their first person points of view does  
Bruno Marchal believe exists on planet Earth right now?


 1  (I already answered this, note). from the 1-view, the 1-view  
is always unique.


 Let me be sure I understand you correctly, on this entire planet  
there is only one first person experience viewed from their first  
person points of view. Is that what you're saying?


 No. What I said  is that *for* each (3p-numerous) first person  
view possible, it is felt as being unique


So what? The first 7 billion integers are all unique too, in fact  
that is precisely why it is meaningful to speak of the first 7  
billion integers, otherwise the phrase would be meaningless as  
would the very idea of integers.


I can't agree more.






 The question is ambiguous.

If the question is ambiguous it is because I used YOUR phrase  the  
first person experiences viewed from their first person points of  
view !  If your phrase means anything you should be able to tell me  
how many ( give or take a few orders of magnitude)  first person  
experiences viewed from their first person points of view exist on  
planet Earth right now, but of course if it means nothing then you  
can't.


In the 1-views or in the 3-1 view?

(the 3-1 view = the view which uses the third person attribution of  
first-personhood to 3p countable entities).


Bruno







  John K Clark



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Re: How the banks are stealing our wealth

2013-12-23 Thread Bruno Marchal


On 23 Dec 2013, at 10:29, Telmo Menezes wrote:

On Mon, Dec 23, 2013 at 4:55 AM, Jason Resch jasonre...@gmail.com  
wrote:




On Tue, Dec 17, 2013 at 6:34 AM, Telmo Menezes te...@telmomenezes.com 


wrote:


On Mon, Dec 16, 2013 at 9:02 PM, meekerdb meeke...@verizon.net  
wrote:

On 12/16/2013 12:53 AM, Telmo Menezes wrote:


On Mon, Dec 16, 2013 at 5:59 AM, meekerdb meeke...@verizon.net  
wrote:


On 12/15/2013 4:23 AM, Telmo Menezes wrote:




On Sun, Dec 15, 2013 at 9:49 AM, Bruno Marchal  
marc...@ulb.ac.be

wrote:



On 14 Dec 2013, at 23:27, LizR wrote:

I haven't had a chance to watch it, but I do know that banks are




snip




The reason why I put more faith in cryptocurrencies is that, if one or
several of them succeed, then it won't be possible to tamper with what
made them work in the first place. The other thing that excites me is
that more and more cryptocurrencies are being tried. If I have an
ideology, it's experimentalism. Technology finally allows us to
experiment with currency, weather the politicians like it or not.



Crypto-currencies, like cryptography, can surely help to save the  
freedom of privacy and privateness.


Crypto-currencies does not need to be a pyramidal con, like Quentin  
suspects. They just allowed to create new independent banks which can  
do their work honestly or not.
honestly is not moral here, but it means that it is attempted, at  
the least, to not base economy on lies (which often happens to keep  
jobs despite they became obsolete).


Money is both the most wonderful economical tool and the most horrible  
life goal.


When money is used honestly, every one (good willing enough) win and  
is enriched. But the longer the play, the bigger the liars can win, so  
those who make money the main goal crack, and corrupt the system,  
which at that moment become pyramidal.

It is basically a confusion between meaning and use, or goal and tool.

Today, a part of the economy relies on lies, so it is more the actual  
bank system which seems to lead us (partially) to a pyramid.
The existence of crypto-money can help by providing different  
competing economies, and can help in making transition (and awakening  
from the lies) more smooth.


Such competitor money can help to follow the non-monopoly rule. But  
they can be swallowed by other money, and they are not immune against  
new lies per se. (risk can be diminushed by investment in real  
education (≠ brainwashing)).


When the bandits got power, count on them to exploit  
(disadvantageously for *you*) any solution you could find on the  
economical problem. You might need to encrypt it :)


Bruno









Telmo.


Jason


http://iridia.ulb.ac.be/~marchal/



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Re: How can a grown man be an atheist ?

2013-12-23 Thread John Clark
On Sun, Dec 22, 2013 at 1:52 PM, Stephen Paul King 
stephe...@provensecure.com wrote:


  I will try to answer for Bruno as I think I understand what he means.
 The number is equal to the number of entities that have a first person
 experience.


I know that, what I don't know is what number Bruno believes that number to
be. Although I can't prove it I think the number is probably about 7
billion; if I am correct about that then Bruno's never ending chant you
confuse the 1p with the 3p is not correct. But even after asking the
question five times I still don't know if Bruno thinks it's 1 or 0 or 7
billion or infinity or something in between.

 The point here is that each entity can only experience their own.


That's real nice but it is NOT the point and it plays no part in the
question how many first person experiences viewed from their first person
points of view does Bruno Marchal believe exists on planet Earth right
now?.

  John K Clark

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Re: How can a grown man be an atheist ?

2013-12-23 Thread John Clark
On Mon, Dec 23, 2013 at 11:30 AM, Bruno Marchal marc...@ulb.ac.be wrot

  The question is ambiguous.


  If the question is ambiguous it is because I used YOUR phrase  the
 first person experiences viewed from their first person points of view !
 If your phrase means anything you should be able to tell me how many ( give
 or take a few orders of magnitude)  first person experiences viewed from
 their first person points of view exist on planet Earth right now, but of
 course if it means nothing then you can't.

  In the 1-views or in the 3-1 view?


Either you're stalling because you don't want to answer the question or
it's you and not me that confuses the 1P with the 3P because I quote you
clear as day in the above first person experiences viewed from their first
person points of view. So for the sixth time WHAT IS THE NUMBER?

  John K Clark

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Re: How can a grown man be an atheist ?

2013-12-23 Thread Quentin Anciaux
2013/12/23 John Clark johnkcl...@gmail.com




 On Mon, Dec 23, 2013 at 11:30 AM, Bruno Marchal marc...@ulb.ac.be wrot

   The question is ambiguous.


  If the question is ambiguous it is because I used YOUR phrase  the
 first person experiences viewed from their first person points of view !
 If your phrase means anything you should be able to tell me how many ( give
 or take a few orders of magnitude)  first person experiences viewed from
 their first person points of view exist on planet Earth right now, but of
 course if it means nothing then you can't.

  In the 1-views or in the 3-1 view?


 Either you're stalling because you don't want to answer the question or
 it's you and not me that confuses the 1P with the 3P because I quote you
 clear as day in the above first person experiences viewed from their first
 person points of view. So for the sixth time WHAT IS THE NUMBER?


He did answer and did it correctly, only Liar Clark is dodging questions
and lying.

Quentin


   John K Clark


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Re: How can a grown man be an atheist ?

2013-12-23 Thread Quentin Anciaux
2013/12/23 John Clark johnkcl...@gmail.com

 On Mon, Dec 23, 2013 at 1:38 PM, Quentin Anciaux allco...@gmail.comwrote:

  He did answer and did it correctly,


 I somehow missed that post. What number did Bruno give?


Buy some pair of eyes and come back here.



  Liar Clark is dodging questions and lying.


  Dodging AND lying? That seems redundant.


Not redundant at all for Liar Clark.



   John K Clark

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God or not?

2013-12-23 Thread Edgar L. Owen
All,

The question of whether God exists is meaningless without first giving some 
definition of what is meant by God, of how God is defined. Otherwise 
everyone is talking about different things and nothing will go anywhere.

If you need a God there is only one possible rational definition and that 
is to just define God as the universe itself. First there is now absolute 
certainty that God does exist (all the interminable meaningless arguments 
vanish), and second his attributes now become the proper subject matter of 
science and reason rather than ideology, faith or myth.

But most certainly the dogmas of all the organized religions are all 
atavistic myths in the same category as Zeus and Odin which, like them, 
should have been discarded millennia ago

Edgar


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Re: Bruno's mathematical reality

2013-12-23 Thread meekerdb

On 12/23/2013 6:58 AM, Bruno Marchal wrote:
 In terms of measure aren't there infinitely more non-terminating programs than 
terminating?


Both are enumerable, although not recursively enumerable. 


Even so, one can be much bigger than the other by most measures.

But the measure is not on programs, but on the (possibly non terminating) computations 
as viewed from the first person (relatively to its actual states).


I'm not sure I understand the distinction between programs and computations.  Doesn't 
every program produces a sequence of states which constitute a computation?  And aren't 
all the sequences assumed to be deterministic?


Brent

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Re: God or not?

2013-12-23 Thread Quentin Anciaux
2013/12/23 Edgar L. Owen edgaro...@att.net

 All,

 The question of whether God exists is meaningless without first giving
 some definition of what is meant by God, of how God is defined. Otherwise
 everyone is talking about different things and nothing will go anywhere.

 If you need a God there is only one possible rational definition and that
 is to just define God as the universe itself. First there is now absolute
 certainty that God does exist


Well no... It is certain that I experience a reality but that there exists
a consistent physical universe defined everywhere is not certain...

Quentin


 (all the interminable meaningless arguments vanish), and second his
 attributes now become the proper subject matter of science and reason
 rather than ideology, faith or myth.

 But most certainly the dogmas of all the organized religions are all
 atavistic myths in the same category as Zeus and Odin which, like them,
 should have been discarded millennia ago

 Edgar


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Posting problems

2013-12-23 Thread Edgar L. Owen
I've set option of getting all posts as emails which seems to be working OK 
I think. But when I reply to a post via my Mac mail it never seems to get 
posted to the group. Also I tried starting several new topics via Mac mail 
by simply using a new subject line however none of either type of post ever 
seems to show up on the group website. I sent 8-9 posts via MacMail over 24 
hours ago and none have appeared on the group website.

Can anyone tell me how to fix this please? It works on Yahoo Groups just 
fine.

Is anyone here using their email to receive and reply to the group OK?

Thanks,
Edgar


 

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Re: Posting problems

2013-12-23 Thread Quentin Anciaux
Hi,
I'm using gmail and it works flawlessly. Just check when replying that the
address is set to everything-list@googlegroups.com  (it should normally
default to that as the Reply-To header is set to that address).

Regards,
Quentin


2013/12/23 Edgar L. Owen edgaro...@att.net

 I've set option of getting all posts as emails which seems to be working
 OK I think. But when I reply to a post via my Mac mail it never seems to
 get posted to the group. Also I tried starting several new topics via Mac
 mail by simply using a new subject line however none of either type of post
 ever seems to show up on the group website. I sent 8-9 posts via MacMail
 over 24 hours ago and none have appeared on the group website.

 Can anyone tell me how to fix this please? It works on Yahoo Groups just
 fine.

 Is anyone here using their email to receive and reply to the group OK?

 Thanks,
 Edgar




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Re: Bruno's mathematical reality

2013-12-23 Thread Edgar L. Owen
Bruno,

Thanks for your comments. However I think you are coming at Reality from 
the POV of human logico-mathematical theory whose results you are trying to 
impose on reality. My approach is to closely examine reality and then try 
to figure out how it works and what ITS innate rules and structures are.

I would probably agree with much of what you say, if you were saying it 
about human logico-mathematical structures, but the logico-mathematical 
structure of reality is not bound by human rules. It runs according to its 
own logic and science is the process of trying to figure out what those 
rules are and how they work...

For example, reality is clearly a computational process, and it runs 
against pure information which is the fundamental stuff of the universe. 
There is simply no other way current information states of reality could 
result from previous ones other than by a computational process. How that 
computational process works must be determined by examining reality itself. 
We may try to make sense of it in terms of traditional human math theory, 
but when there are differences then reality always trumps human math 
theory, which applies to human math rather than reality's 
logico-mathematical system.

Edgar



On Friday, December 20, 2013 6:52:54 PM UTC-5, Edgar L. Owen wrote:

 All,

 The fundamental nature of reality is examined in detail in my recent book 
 on Reality available on Amazon under my name.

 Marchal is on the right track, but reality consists not just of numbers 
 (math) but is a running logical structure analogous to software that 
 continually computes the current state of the universe. Just as software 
 includes but doesn't consist only of numbers and math, so does reality. In 
 fact the equations of physical science make sense only when embedded in a 
 logical structure just as is the case in computational reality.

 Modern science has a major lacuna, the notion that all of reality is 
 mathematical, that prevents science from grasping the complete nature of 
 reality. In truth all of reality is logical, as is software, and the 
 mathematics is just a subset of the logic. After all, modern science with 
 its misguided insistence that all of reality is mathematical, has had 
 nothing useful to say about the nature of either consciousness or the 
 present moment, the two most fundamental aspects of experience. However I 
 present a computational based information approach to these in my book 
 among many other things.

 The second clarification that needs to be made to the post on Marchal's 
 work is that human math and logic are distinct from the actual math and 
 logic that computes reality. The human version is a generalized and 
 extended approximation of the actual that differs from the actual 
 logico-mathematical structure of reality in important ways (e.g. infinities 
 and infinitesimals which don't actually exist in external reality).

 I can explain further if anyone is interested, or you can read about it in 
 my book...

 Edgar Owen



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Re: How the banks are stealing our wealth

2013-12-23 Thread meekerdb

On 12/23/2013 9:07 AM, Bruno Marchal wrote:
Crypto-currencies, like cryptography, can surely help to save the freedom of privacy and 
privateness.


Crypto-currencies does not need to be a pyramidal con, like Quentin suspects. They just 
allowed to create new independent banks which can do their work honestly or not.
honestly is not moral here, but it means that it is attempted, at the least, to not 
base economy on lies (which often happens to keep jobs despite they became obsolete).


Money is both the most wonderful economical tool and the most horrible life 
goal.

When money is used honestly, every one (good willing enough) win and is enriched. But 
the longer the play, the bigger the liars can win, so those who make money the main 
goal crack, and corrupt the system, which at that moment become pyramidal.

It is basically a confusion between meaning and use, or goal and tool.

Today, a part of the economy relies on lies, so it is more the actual bank system which 
seems to lead us (partially) to a pyramid.
The existence of crypto-money can help by providing different competing economies, and 
can help in making transition (and awakening from the lies) more smooth.


I don't see it as any different than gold or silver.  Banks used to have reserves of gold 
or silver and they issued their own script money that was redeemable in gold or silver.  
BUT they always loaned much more script than they had gold or silver.  They relied, quite 
reasonably, on the fact that in any given time interval, only few people would want to 
redeem their script in gold or silver.


Now you may say this is lying, but so long as not done to excess, it makes for good 
economics.  Consider and extreme example: Suppose the 'banker' has no gold or silver at 
all but he's prepared to loan script anyway.  Someone comes to him and wants to borrow 
$1000 to build a bridge over small river near the town.  The banker loans him the script.  
He pays for material and labor, which he can do because people believe the script is 
backed by gold.  The bridge gets built and so farmers can come to town much more quickly, 
productivity is improved and the town thrives, so more people deposit money in the bank 
and the banker can actually buy some gold to back up his script.  Artificially 
increasing the money supply can be very useful; but just as with all kinds of interactions 
it depends a lot on trust.  If nobody trusts anybody else, as now so many people 
automatically distrust their government, then the economy is dragged down.


http://opinionator.blogs.nytimes.com/2013/12/21/in-no-one-we-trust/?_r=0

Brent




Such competitor money can help to follow the non-monopoly rule. But they can be 
swallowed by other money, and they are not immune against new lies per se. (risk can be 
diminushed by investment in real education (≠ brainwashing)).


When the bandits got power, count on them to exploit (disadvantageously for *you*) any 
solution you could find on the economical problem. You might need to encrypt it :)


Bruno


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A simple incontrovertible proof there are two kinds of time and a couple of implications

2013-12-23 Thread Edgar L. Owen
All,

The proof is simply the fact that the time traveling twins meet up again 
with different clock times, but always in the exact same present moment. 
This proves beyond any doubt there are two kinds of time, clock time which 
varies by relativistic observer, and the time of the present moment (what I 
call P-time) which is absolute and common to all observers across the 
universe.

When this is realized there are a number of profound implications. 

First that time travel outside the common present moment is impossible 
since all of reality (the entire universe) exists within/is the common 
present moment. The only time travel that is possible is having different 
clock times within the same shared present moment.

Second, that this is compatible with only one cosmological geometry, named 
that the universe is a 4-dimensional hypersphere with P-time (not clock 
time) as its continually extending radial dimension. That is cosmological 
space is positively curved and finite. In fact we all see all 4-dimensions 
of this geometry all the time and visually verify this, as the radial 
P-time dimension is seen as distance in every direction from every point in 
the 3-dimensional space of the hypersphere's surface.

What amazes me is that no one recognized this simple obvious fact prior to 
my stating it in my 1997 paper 'Spacetime and Consciousness'. It's a great 
example of how the trivially obvious can remain unrecognized, no matter how 
important, if it isn't part of the accepted world view of, in this case, 
either common sense or science.

Edgar




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Re: Bruno's mathematical reality

2013-12-23 Thread Edgar L. Owen
Craig,

All this is explained in my book on Reality available on Amazon. The key 
insight to several of your questions is covered in Part IV: Mind and 
Reality. Basically the world we think we live in with shapes, colors, 
flavors and feelings etc. (various types of qualia) is actually a model of 
the actual external reality constructed in our minds. The actual external 
reality has none of these qualia and consists of evolving information only. 
When what mind adds to its internal model of reality is identified and 
subtracted all that remains is discovered to be an evolving information 
structure and thus that is the actual nature of external reality.

When this is understood the answers to most of your 5 points becomes clear. 
As to the nature of consciousness, the so called 'Hard Problem' there is a 
straightforward answer to that given also. I won't cover it in detail right 
now but basically it has to do with a deeper understanding of reality and 
how it self-manifests as opposed to waiting passively to be made conscious.

The modern misunderstanding of consciousness, that it's something that 
arises in human brains, can be compared to the ancient theory of vision in 
which it was mistakenly thought that vision involved the eyes shining light 
on external objects. That erroneous model still exists with respect to 
consciousness in which it is mistakenly thought that consciousness consists 
of brains shining consciousness on external objects.

The truth in both cases is that it is external reality that produces both 
light and the actual real presence of things in the present moment and both 
vision and consciousness are simply opening and participating in this 
self-manifestation of reality by an observer who then interprets the 
information content according to his own nature.

I can explain further if anyone is interested, or you can read my book 
which covers Mind and Reality and explains what Consciousness is quite 
thoroughly.

Edgar



On Friday, December 20, 2013 6:52:54 PM UTC-5, Edgar L. Owen wrote:

 All,

 The fundamental nature of reality is examined in detail in my recent book 
 on Reality available on Amazon under my name.

 Marchal is on the right track, but reality consists not just of numbers 
 (math) but is a running logical structure analogous to software that 
 continually computes the current state of the universe. Just as software 
 includes but doesn't consist only of numbers and math, so does reality. In 
 fact the equations of physical science make sense only when embedded in a 
 logical structure just as is the case in computational reality.

 Modern science has a major lacuna, the notion that all of reality is 
 mathematical, that prevents science from grasping the complete nature of 
 reality. In truth all of reality is logical, as is software, and the 
 mathematics is just a subset of the logic. After all, modern science with 
 its misguided insistence that all of reality is mathematical, has had 
 nothing useful to say about the nature of either consciousness or the 
 present moment, the two most fundamental aspects of experience. However I 
 present a computational based information approach to these in my book 
 among many other things.

 The second clarification that needs to be made to the post on Marchal's 
 work is that human math and logic are distinct from the actual math and 
 logic that computes reality. The human version is a generalized and 
 extended approximation of the actual that differs from the actual 
 logico-mathematical structure of reality in important ways (e.g. infinities 
 and infinitesimals which don't actually exist in external reality).

 I can explain further if anyone is interested, or you can read about it in 
 my book...

 Edgar Owen



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Re: Bruno's mathematical reality

2013-12-23 Thread Edgar L. Owen
Brent,

I don't avoid infinities but Reality does. When one understands what 
infinities are and how they are defined as an unending and uncompletable 
process of addition it is quite clear that nothing physical can be infinite.

As I've posted in other replies Reality is a computational system like 
running software. Godel and the implications for the Principia don't apply 
to the logico-mathematical computational system of reality, they apply only 
to human logico-mathematical systems.

The logico-mathematical system of Reality simply computes one state of the 
universe from the previous. There are no statements out of the blue that 
are subject to proof which what Godel, Halting, Russell and Whitehead are 
all about.

It's like trying to apply these to a piece of software, there is no 
relevance, in this case reality's software

Edgar



On Friday, December 20, 2013 6:52:54 PM UTC-5, Edgar L. Owen wrote:

 All,

 The fundamental nature of reality is examined in detail in my recent book 
 on Reality available on Amazon under my name.

 Marchal is on the right track, but reality consists not just of numbers 
 (math) but is a running logical structure analogous to software that 
 continually computes the current state of the universe. Just as software 
 includes but doesn't consist only of numbers and math, so does reality. In 
 fact the equations of physical science make sense only when embedded in a 
 logical structure just as is the case in computational reality.

 Modern science has a major lacuna, the notion that all of reality is 
 mathematical, that prevents science from grasping the complete nature of 
 reality. In truth all of reality is logical, as is software, and the 
 mathematics is just a subset of the logic. After all, modern science with 
 its misguided insistence that all of reality is mathematical, has had 
 nothing useful to say about the nature of either consciousness or the 
 present moment, the two most fundamental aspects of experience. However I 
 present a computational based information approach to these in my book 
 among many other things.

 The second clarification that needs to be made to the post on Marchal's 
 work is that human math and logic are distinct from the actual math and 
 logic that computes reality. The human version is a generalized and 
 extended approximation of the actual that differs from the actual 
 logico-mathematical structure of reality in important ways (e.g. infinities 
 and infinitesimals which don't actually exist in external reality).

 I can explain further if anyone is interested, or you can read about it in 
 my book...

 Edgar Owen



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The 'Fire' that animates the logic - reply to Stephen

2013-12-23 Thread Edgar L. Owen
Stephen,

A very important point which I cover extensively in my book, but rather 
subtle to grasp.

Reality clearly exists. There is something really here now and actual and 
happening. The totality of that is defined as reality and I refer to its 
'stuff' (non-physical but real and actual) as an entity I call 'ontological 
energy'. It is somewhat similar to the ancient concept of Tao.

This ontological energy is originally formless, similar to a generalized 
quantum vacuum, and contains the possibilities of all information forms 
which can arise within it. Similar to a formless sea of water whose nature 
determines what forms of waves, currents and ripples which can arise within 
it.

The universe, at its fundamental level, is all the information forms that 
are actualized within ontological energy, beginning with the big bang, and 
which continue to evolve according to the laws of nature (the 
logico-mathematics of reality which we have been discussing).

Thus the complete picture of reality consists of the original formless sea 
(logical space) of ontological energy and all the evolving forms which 
exist within it. These forms, everything in the universe, are pure 
information only and have no self-substances other than the ontological 
energy in which they arise. Just as the self-substances of all wave forms 
in water is only water.

Now to answer your question, it is the fact that the information forms are 
forms that exist in the sea of reality (the ontological energy) that makes 
them real and actual, and the fact that happening is one of the fundamental 
aspects of ontological energy that gives them the fire of life as they 
continually computationally evolve to manifest the real actual universe. 
This is why the information structures of reality are real and actual but 
those of computer software simulating something is not, because they run in 
reality rather than some silicon computer

The universe can/must be considered a living entity in the sense that it is 
self-animated from within. There is no external force that moves it and 
there could not be since by definition it includes everything. Therefore 
the universe is a living entity, and our life and the life of all things 
comes from the fact that we are information forms, programs, that run 
within reality.

This is the source of the 'fire' that animates the information

Edgar



On Dec 22, 2013, at 1:36 PM, Stephen Paul King wrote:

Dear Edger,

  Where does the fire come from that animates the logic?

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Re: Posting problems

2013-12-23 Thread Quentin Anciaux
Or maybe your SMTP server that your email program is using is somehow
rejected by googlegroups or by SPF... Do you correctly use the smtp server
associated with your domain email (att.net) ?

SPF http://en.wikipedia.org/wiki/Sender_Policy_Framework  can prevent email
from being sent correctly if you use another SMTP server than the one
whitelisted by the domain owner (att.net).

Quentin


2013/12/23 Edgar L. Owen edgaro...@att.net

 I've set option of getting all posts as emails which seems to be working
 OK I think. But when I reply to a post via my Mac mail it never seems to
 get posted to the group. Also I tried starting several new topics via Mac
 mail by simply using a new subject line however none of either type of post
 ever seems to show up on the group website. I sent 8-9 posts via MacMail
 over 24 hours ago and none have appeared on the group website.

 Can anyone tell me how to fix this please? It works on Yahoo Groups just
 fine.

 Is anyone here using their email to receive and reply to the group OK?

 Thanks,
 Edgar




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Batty/Rutger Hauer)

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Re: Posting problems

2013-12-23 Thread Edgar L. Owen
I'm using my email edgaro...@att.net for this group but I connect to the 
net via Optimum Online, a cable co. which provides my internet service, 
rather than ATT. But I do the same thing with all my yahoo groups and it 
works just fine. Do you think that might be the problem? If so it would be 
horribly dumb for Google not to let me sign up with whatever email I wanted!

Thanks,
Edgar



On Monday, December 23, 2013 2:09:10 PM UTC-5, Edgar L. Owen wrote:

 I've set option of getting all posts as emails which seems to be working 
 OK I think. But when I reply to a post via my Mac mail it never seems to 
 get posted to the group. Also I tried starting several new topics via Mac 
 mail by simply using a new subject line however none of either type of post 
 ever seems to show up on the group website. I sent 8-9 posts via MacMail 
 over 24 hours ago and none have appeared on the group website.

 Can anyone tell me how to fix this please? It works on Yahoo Groups just 
 fine.

 Is anyone here using their email to receive and reply to the group OK?

 Thanks,
 Edgar


  


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Re: God or not?

2013-12-23 Thread meekerdb

On 12/23/2013 10:55 AM, Quentin Anciaux wrote:

2013/12/23 Edgar L. Owen edgaro...@att.net mailto:edgaro...@att.net

All,

The question of whether God exists is meaningless without first giving some
definition of what is meant by God, of how God is defined. Otherwise 
everyone is
talking about different things and nothing will go anywhere.

If you need a God there is only one possible rational definition and that 
is to just
define God as the universe itself. First there is now absolute certainty 
that God
does exist


Well no... It is certain that I experience a reality but that there exists a consistent 
physical universe defined everywhere is not certain...


Is your experience consistent, i.e. describable without contradictions?  OK, then how you 
conceive it is your model of reality and the universe.  If it includes things independent 
of your thoughts external to you, and other people that agree on these things, then that's 
the physics of it.  Whether it's 'defined everywhere' would depend on your model.


Brent

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Re: Posting problems

2013-12-23 Thread Quentin Anciaux
It's not a problem of signing up, it is a problem of using the correct SMTP
server to send an email with your address in from header. You must use
the SMTP server of att.net to send an email with a from address of att.net
.

Quentin


2013/12/23 Edgar L. Owen edgaro...@att.net

 I'm using my email edgaro...@att.net for this group but I connect to the
 net via Optimum Online, a cable co. which provides my internet service,
 rather than ATT. But I do the same thing with all my yahoo groups and it
 works just fine. Do you think that might be the problem? If so it would be
 horribly dumb for Google not to let me sign up with whatever email I wanted!

 Thanks,
 Edgar



 On Monday, December 23, 2013 2:09:10 PM UTC-5, Edgar L. Owen wrote:

 I've set option of getting all posts as emails which seems to be working
 OK I think. But when I reply to a post via my Mac mail it never seems to
 get posted to the group. Also I tried starting several new topics via Mac
 mail by simply using a new subject line however none of either type of post
 ever seems to show up on the group website. I sent 8-9 posts via MacMail
 over 24 hours ago and none have appeared on the group website.

 Can anyone tell me how to fix this please? It works on Yahoo Groups just
 fine.

 Is anyone here using their email to receive and reply to the group OK?

 Thanks,
 Edgar




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Batty/Rutger Hauer)

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Re: God or not?

2013-12-23 Thread Quentin Anciaux
2013/12/23 meekerdb meeke...@verizon.net

  On 12/23/2013 10:55 AM, Quentin Anciaux wrote:

 2013/12/23 Edgar L. Owen edgaro...@att.net

 All,

 The question of whether God exists is meaningless without first giving
 some definition of what is meant by God, of how God is defined. Otherwise
 everyone is talking about different things and nothing will go anywhere.

 If you need a God there is only one possible rational definition and that
 is to just define God as the universe itself. First there is now absolute
 certainty that God does exist


  Well no... It is certain that I experience a reality but that there
 exists a consistent physical universe defined everywhere is not certain...


 Is your experience consistent, i.e. describable without contradictions?
 OK, then how you conceive it is your model of reality and the universe.
 If it includes things independent of your thoughts external to you, and
 other people that agree on these things, then that's the physics of it.
 Whether it's 'defined everywhere' would depend on your model.


I agree but any model is *far* from certainty... so defining God as
meaning the universe doesn't settle at all that  it exists...

Quentin



 Brent

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Batty/Rutger Hauer)

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Re: A simple incontrovertible proof there are two kinds of time and a couple of implications

2013-12-23 Thread meekerdb

On 12/23/2013 11:10 AM, Edgar L. Owen wrote:

All,

The proof is simply the fact that the time traveling twins meet up again with different 
clock times, but always in the exact same present moment. This proves beyond any doubt 
there are two kinds of time, clock time which varies by relativistic observer, and the 
time of the present moment (what I call P-time) which is absolute and common to all 
observers across the universe.


When this is realized there are a number of profound implications.

First that time travel outside the common present moment is impossible since all of 
reality (the entire universe) exists within/is the common present moment. The only time 
travel that is possible is having different clock times within the same shared present 
moment.


Second, that this is compatible with only one cosmological geometry, named that the 
universe is a 4-dimensional hypersphere with P-time (not clock time) as its continually 
extending radial dimension. That is cosmological space is positively curved and finite. 
In fact we all see all 4-dimensions of this geometry all the time and visually verify 
this, as the radial P-time dimension is seen as distance in every direction from every 
point in the 3-dimensional space of the hypersphere's surface.


So it's co-moving clock time in an isotropic, homogenous universe that started with a 
big-bang?


Brent



What amazes me is that no one recognized this simple obvious fact prior to my stating it 
in my 1997 paper 'Spacetime and Consciousness'. It's a great example of how the 
trivially obvious can remain unrecognized, no matter how important, if it isn't part of 
the accepted world view of, in this case, either common sense or science.


Edgar




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Re: God or not?

2013-12-23 Thread meekerdb

On 12/23/2013 11:33 AM, Quentin Anciaux wrote:




2013/12/23 meekerdb meeke...@verizon.net mailto:meeke...@verizon.net

On 12/23/2013 10:55 AM, Quentin Anciaux wrote:

2013/12/23 Edgar L. Owen edgaro...@att.net mailto:edgaro...@att.net

All,

The question of whether God exists is meaningless without first giving 
some
definition of what is meant by God, of how God is defined. Otherwise 
everyone
is talking about different things and nothing will go anywhere.

If you need a God there is only one possible rational definition and 
that is to
just define God as the universe itself. First there is now absolute 
certainty
that God does exist


Well no... It is certain that I experience a reality but that there exists a
consistent physical universe defined everywhere is not certain...


Is your experience consistent, i.e. describable without contradictions?  
OK, then
how you conceive it is your model of reality and the universe.  If it 
includes
things independent of your thoughts external to you, and other people that 
agree on
these things, then that's the physics of it.  Whether it's 'defined 
everywhere'
would depend on your model.


I agree but any model is *far* from certainty... so defining God as meaning the 
universe doesn't settle at all that  it exists...


I agree.  In fact it tends to drag a lot of bronze age tribal baggage into scientific 
questions - which is why I wish Bruno would stop casually using religious metaphors.


Brent

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Re: Posting problems

2013-12-23 Thread Richard Ruquist
I post and receive via google email.
My only complaint is that I cannot intersperse
in others posts as is the practice here.
Richard


On Mon, Dec 23, 2013 at 2:09 PM, Edgar L. Owen edgaro...@att.net wrote:

 I've set option of getting all posts as emails which seems to be working
 OK I think. But when I reply to a post via my Mac mail it never seems to
 get posted to the group. Also I tried starting several new topics via Mac
 mail by simply using a new subject line however none of either type of post
 ever seems to show up on the group website. I sent 8-9 posts via MacMail
 over 24 hours ago and none have appeared on the group website.

 Can anyone tell me how to fix this please? It works on Yahoo Groups just
 fine.

 Is anyone here using their email to receive and reply to the group OK?

 Thanks,
 Edgar




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Re: Posting problems

2013-12-23 Thread Quentin Anciaux
2013/12/23 Richard Ruquist yann...@gmail.com

 I post and receive via google email.
 My only complaint is that I cannot intersperse
 in others posts as is the practice here.


You can, I'm using gmail for posting right now, just click on the three
dots ... when replying, that will display the entire post and you can
write in it anywhere you see fit.

Quentin



 Richard


 On Mon, Dec 23, 2013 at 2:09 PM, Edgar L. Owen edgaro...@att.net wrote:

 I've set option of getting all posts as emails which seems to be working
 OK I think. But when I reply to a post via my Mac mail it never seems to
 get posted to the group. Also I tried starting several new topics via Mac
 mail by simply using a new subject line however none of either type of post
 ever seems to show up on the group website. I sent 8-9 posts via MacMail
 over 24 hours ago and none have appeared on the group website.

 Can anyone tell me how to fix this please? It works on Yahoo Groups just
 fine.

 Is anyone here using their email to receive and reply to the group OK?

 Thanks,
 Edgar




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Re: Posting problems

2013-12-23 Thread Richard Ruquist
Quentin,

Your 3dot method does not work for me.
Richard


On Mon, Dec 23, 2013 at 3:04 PM, Quentin Anciaux allco...@gmail.com wrote:


 2013/12/23 Richard Ruquist yann...@gmail.com

 I post and receive via google email.
 My only complaint is that I cannot intersperse
 in others posts as is the practice here.


 You can, I'm using gmail for posting right now, just click on the three
 dots ... when replying, that will display the entire post and you can
 write in it anywhere you see fit.


Well, it works if I click on the 3dots in my post.
Perhaps I first have to get to Reply and then click
Richard


 Quentin



 Richard


 On Mon, Dec 23, 2013 at 2:09 PM, Edgar L. Owen edgaro...@att.net wrote:

 I've set option of getting all posts as emails which seems to be working
 OK I think. But when I reply to a post via my Mac mail it never seems to
 get posted to the group. Also I tried starting several new topics via Mac
 mail by simply using a new subject line however none of either type of post
 ever seems to show up on the group website. I sent 8-9 posts via MacMail
 over 24 hours ago and none have appeared on the group website.

 Can anyone tell me how to fix this please? It works on Yahoo Groups just
 fine.

 Is anyone here using their email to receive and reply to the group OK?

 Thanks,
 Edgar




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Re: God or not?

2013-12-23 Thread Jason Resch
On Mon, Dec 23, 2013 at 1:48 PM, Edgar L. Owen edgaro...@att.net wrote:

 All,

 The question of whether God exists is meaningless without first giving
 some definition of what is meant by God, of how God is defined. Otherwise
 everyone is talking about different things and nothing will go anywhere.


I agree.


 If you need a God there is only one possible rational definition and that
 is to just define God as the universe itself.


But then how do you define the universe itself?  Two people could have a
very different conception of how big reality is unless a definition is
given.


 First there is now absolute certainty that God does exist (all the
 interminable meaningless arguments vanish), and second his attributes now
 become the proper subject matter of science and reason rather than
 ideology, faith or myth.


Anyone who holds that God is the greatest thing that exists must agree that
God = Reality. Otherwise, God would be a sub-element of reality, and
reality would be greater than God.

Jason



 But most certainly the dogmas of all the organized religions are all
 atavistic myths in the same category as Zeus and Odin which, like them,
 should have been discarded millennia ago

 Edgar


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Re: Posting problems

2013-12-23 Thread Quentin Anciaux
2013/12/23 Richard Ruquist yann...@gmail.com

 Quentin,

 Your 3dot method does not work for me.


It works for everyone using gmail, just click on the dots...

Quentin


 Richard


 On Mon, Dec 23, 2013 at 3:04 PM, Quentin Anciaux allco...@gmail.comwrote:


 2013/12/23 Richard Ruquist yann...@gmail.com

 I post and receive via google email.
 My only complaint is that I cannot intersperse
 in others posts as is the practice here.


 You can, I'm using gmail for posting right now, just click on the three
 dots ... when replying, that will display the entire post and you can
 write in it anywhere you see fit.


 Well, it works if I click on the 3dots in my post.
 Perhaps I first have to get to Reply and then click
 Richard


 Quentin



 Richard


 On Mon, Dec 23, 2013 at 2:09 PM, Edgar L. Owen edgaro...@att.netwrote:

 I've set option of getting all posts as emails which seems to be
 working OK I think. But when I reply to a post via my Mac mail it never
 seems to get posted to the group. Also I tried starting several new topics
 via Mac mail by simply using a new subject line however none of either type
 of post ever seems to show up on the group website. I sent 8-9 posts via
 MacMail over 24 hours ago and none have appeared on the group website.

 Can anyone tell me how to fix this please? It works on Yahoo Groups
 just fine.

 Is anyone here using their email to receive and reply to the group OK?

 Thanks,
 Edgar




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Re: Posting problems

2013-12-23 Thread Quentin Anciaux
2013/12/23 Richard Ruquist yann...@gmail.com

 Quentin,

 Your 3dot method does not work for me.
 Richard


 On Mon, Dec 23, 2013 at 3:04 PM, Quentin Anciaux allco...@gmail.comwrote:


 2013/12/23 Richard Ruquist yann...@gmail.com

 I post and receive via google email.
 My only complaint is that I cannot intersperse
 in others posts as is the practice here.


 You can, I'm using gmail for posting right now, just click on the three
 dots ... when replying, that will display the entire post and you can
 write in it anywhere you see fit.


 Well, it works if I click on the 3dots in my post.
 Perhaps I first have to get to Reply and then click
 Richard


Well didn't see you did finally succeed... just hit reply, when the box to
reply display, click the three dots, and then (and only then) go where you
want in the reply and write.

Quentin



 Quentin



 Richard


 On Mon, Dec 23, 2013 at 2:09 PM, Edgar L. Owen edgaro...@att.netwrote:

 I've set option of getting all posts as emails which seems to be
 working OK I think. But when I reply to a post via my Mac mail it never
 seems to get posted to the group. Also I tried starting several new topics
 via Mac mail by simply using a new subject line however none of either type
 of post ever seems to show up on the group website. I sent 8-9 posts via
 MacMail over 24 hours ago and none have appeared on the group website.

 Can anyone tell me how to fix this please? It works on Yahoo Groups
 just fine.

 Is anyone here using their email to receive and reply to the group OK?

 Thanks,
 Edgar




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Re: How the banks are stealing our wealth

2013-12-23 Thread Jason Resch
On Mon, Dec 23, 2013 at 2:12 PM, meekerdb meeke...@verizon.net wrote:

  On 12/23/2013 9:07 AM, Bruno Marchal wrote:

 Crypto-currencies, like cryptography, can surely help to save the freedom
 of privacy and privateness.

 Crypto-currencies does not need to be a pyramidal con, like Quentin
 suspects. They just allowed to create new independent banks which can do
 their work honestly or not.
 honestly is not moral here, but it means that it is attempted, at the
 least, to not base economy on lies (which often happens to keep jobs
 despite they became obsolete).


 Money is both the most wonderful economical tool and the most horrible
 life goal.

 When money is used honestly, every one (good willing enough) win and is
 enriched. But the longer the play, the bigger the liars can win, so those
 who make money the main goal crack, and corrupt the system, which at that
 moment become pyramidal.
 It is basically a confusion between meaning and use, or goal and tool.

 Today, a part of the economy relies on lies, so it is more the actual bank
 system which seems to lead us (partially) to a pyramid.
 The existence of crypto-money can help by providing different competing
 economies, and can help in making transition (and awakening from the lies)
 more smooth.


 I don't see it as any different than gold or silver.  Banks used to have
 reserves of gold or silver and they issued their own script money that was
 redeemable in gold or silver.  BUT they always loaned much more script than
 they had gold or silver.  They relied, quite reasonably, on the fact that
 in any given time interval, only few people would want to redeem their
 script in gold or silver.

 Now you may say this is lying, but so long as not done to excess, it
 makes for good economics.  Consider and extreme example: Suppose the
 'banker' has no gold or silver at all but he's prepared to loan script
 anyway.  Someone comes to him and wants to borrow $1000 to build a bridge
 over small river near the town.  The banker loans him the script.  He pays
 for material and labor, which he can do because people believe the script
 is backed by gold.  The bridge gets built and so farmers can come to town
 much more quickly, productivity is improved and the town thrives, so more
 people deposit money in the bank and the banker can actually buy some gold
 to back up his script.  Artificially increasing the money supply can be
 very useful; but just as with all kinds of interactions it depends a lot on
 trust.  If nobody trusts anybody else, as now so many people automatically
 distrust their government, then the economy is dragged down.

 http://opinionator.blogs.nytimes.com/2013/12/21/in-no-one-we-trust/?_r=0

 Brent



One difference I see is that with crypto-currencies intermediaries are not
required for either, 1. safe keeping, or 2. transfers.  If they are never
held by intermediaries then they have nothing to loan out.

Jason






 Such competitor money can help to follow the non-monopoly rule. But they
 can be swallowed by other money, and they are not immune against new lies
 per se. (risk can be diminushed by investment in real education (≠
 brainwashing)).

 When the bandits got power, count on them to exploit (disadvantageously
 for **you**) any solution you could find on the economical problem. You
 might need to encrypt it :)

 Bruno


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Privacy

2013-12-23 Thread John Mikes
List-Friends of diverse linguistic origins: is there in another language a
WORD meaning the same idiosyncrasy as what the USA  p r i v a c y  indeed
covers? I know of none in German, Hungarian, Latin, French, Russian but
maybe my 'second' vocabularies are defcient. I also wonder whether in the
Pre-American English-English there was something like that?
(Anotrher similar US-puzzle emerged lately: the Christ in Christmas what
'faithful' souls want to preserve in the 'spirit' of the holyday, I know
names for Christmas in several languages and none includes 'Christ'.
Anybody increasing my knowledge?)
John M

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Re: Privacy

2013-12-23 Thread Quentin Anciaux
Hi,

I would translate privacy in french by Intimité or Vie privée.

Regards,
Quentin


2013/12/23 John Mikes jami...@gmail.com

 List-Friends of diverse linguistic origins: is there in another language a
 WORD meaning the same idiosyncrasy as what the USA  p r i v a c y  indeed
 covers? I know of none in German, Hungarian, Latin, French, Russian but
 maybe my 'second' vocabularies are defcient. I also wonder whether in the
 Pre-American English-English there was something like that?
 (Anotrher similar US-puzzle emerged lately: the Christ in Christmas what
 'faithful' souls want to preserve in the 'spirit' of the holyday, I know
 names for Christmas in several languages and none includes 'Christ'.
 Anybody increasing my knowledge?)
 John M

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Re: Privacy

2013-12-23 Thread Telmo Menezes
Hi John,

On Mon, Dec 23, 2013 at 10:18 PM, John Mikes jami...@gmail.com wrote:
 List-Friends of diverse linguistic origins: is there in another language a
 WORD meaning the same idiosyncrasy as what the USA  p r i v a c y  indeed
 covers?

In Portuguese, the most common word is privacidade, which indeed is
an anglicanism (although it's so commonly used that most people are
not aware of that). But we have an older word: sigilo. It is still
the one used in legal contexts. So, for example, sigilo bancário is
an old recognized right to bank privacy and sigilo médico the right
to privacy about your health history. There's also sigilo de
justiça, which protects the privacy of people under criminal
investigation. Then you have direito de imagem, which translates
literally to the right to your image, and which includes norms
against being surveilled with photographic equipment.

 I know of none in German, Hungarian, Latin, French, Russian but
 maybe my 'second' vocabularies are defcient. I also wonder whether in the
 Pre-American English-English there was something like that?
 (Anotrher similar US-puzzle emerged lately: the Christ in Christmas what
 'faithful' souls want to preserve in the 'spirit' of the holyday, I know
 names for Christmas in several languages and none includes 'Christ'. Anybody
 increasing my knowledge?)

The portuguese word for Christmas is Natal, which directly
translates to birth. It is implicit who's birth it is.

I suspect that the Saturnalia, that it came to replace, was a whole
lot more fun.

Telmo.

 John M

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Re: Privacy

2013-12-23 Thread John Mikes
Quentin, thanks, but both 'intimité' or 'Vie privée' have their proper
(different) translations in English.
You would not defend by law (constitution?) you intimité.
JohnM


On Mon, Dec 23, 2013 at 4:40 PM, Quentin Anciaux allco...@gmail.com wrote:

 Hi,

 I would translate privacy in french by Intimité or Vie privée.

 Regards,
 Quentin


 2013/12/23 John Mikes jami...@gmail.com

 List-Friends of diverse linguistic origins: is there in another language
 a WORD meaning the same idiosyncrasy as what the USA  p r i v a c y 
 indeed covers? I know of none in German, Hungarian, Latin, French, Russian
 but maybe my 'second' vocabularies are defcient. I also wonder whether in
 the Pre-American English-English there was something like that?
 (Anotrher similar US-puzzle emerged lately: the Christ in Christmas
 what 'faithful' souls want to preserve in the 'spirit' of the holyday, I
 know names for Christmas in several languages and none includes 'Christ'.
 Anybody increasing my knowledge?)
 John M

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Re: How the banks are stealing our wealth

2013-12-23 Thread meekerdb

On 12/23/2013 12:46 PM, Jason Resch wrote:




On Mon, Dec 23, 2013 at 2:12 PM, meekerdb meeke...@verizon.net 
mailto:meeke...@verizon.net wrote:


On 12/23/2013 9:07 AM, Bruno Marchal wrote:

Crypto-currencies, like cryptography, can surely help to save the freedom of
privacy and privateness.

Crypto-currencies does not need to be a pyramidal con, like Quentin 
suspects. They
just allowed to create new independent banks which can do their work 
honestly or
not.
honestly is not moral here, but it means that it is attempted, at the 
least, to
not base economy on lies (which often happens to keep jobs despite they 
became
obsolete).

Money is both the most wonderful economical tool and the most horrible life 
goal.

When money is used honestly, every one (good willing enough) win and is 
enriched.
But the longer the play, the bigger the liars can win, so those who make 
money the
main goal crack, and corrupt the system, which at that moment become 
pyramidal.
It is basically a confusion between meaning and use, or goal and tool.

Today, a part of the economy relies on lies, so it is more the actual bank 
system
which seems to lead us (partially) to a pyramid.
The existence of crypto-money can help by providing different competing 
economies,
and can help in making transition (and awakening from the lies) more smooth.


I don't see it as any different than gold or silver. Banks used to have 
reserves of
gold or silver and they issued their own script money that was redeemable 
in gold or
silver.  BUT they always loaned much more script than they had gold or 
silver.  They
relied, quite reasonably, on the fact that in any given time interval, only 
few
people would want to redeem their script in gold or silver.

Now you may say this is lying, but so long as not done to excess, it 
makes for
good economics.  Consider and extreme example: Suppose the 'banker' has no 
gold or
silver at all but he's prepared to loan script anyway. Someone comes to him 
and
wants to borrow $1000 to build a bridge over small river near the town.  
The banker
loans him the script.  He pays for material and labor, which he can do 
because
people believe the script is backed by gold.  The bridge gets built and so 
farmers
can come to town much more quickly, productivity is improved and the town 
thrives,
so more people deposit money in the bank and the banker can actually buy 
some gold
to back up his script.  Artificially increasing the money supply can be 
very
useful; but just as with all kinds of interactions it depends a lot on 
trust.  If
nobody trusts anybody else, as now so many people automatically distrust 
their
government, then the economy is dragged down.

http://opinionator.blogs.nytimes.com/2013/12/21/in-no-one-we-trust/?_r=0

Brent



One difference I see is that with crypto-currencies intermediaries are not required for 
either, 1. safe keeping, or 2. transfers.  If they are never held by intermediaries then 
they have nothing to loan out.


The point of my example is that you don't HAVE to have anything to loan out.  Banks loaned 
out the value of gold without having the gold (having only a small part of it).


As for security I'm not sure; can't you lose your bitcoins?

Brent

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Re: Privacy

2013-12-23 Thread Quentin Anciaux
2013/12/23 John Mikes jami...@gmail.com

 Quentin, thanks, but both 'intimité' or 'Vie privée' have their proper
 (different) translations in English.
 You would not defend by law (constitution?) you intimité.


Yes, you can use it for that... but you would mostly use Vie privée, but
Intimité is ok too...

Quentin


 JohnM


 On Mon, Dec 23, 2013 at 4:40 PM, Quentin Anciaux allco...@gmail.comwrote:

 Hi,

 I would translate privacy in french by Intimité or Vie privée.

 Regards,
 Quentin


 2013/12/23 John Mikes jami...@gmail.com

 List-Friends of diverse linguistic origins: is there in another language
 a WORD meaning the same idiosyncrasy as what the USA  p r i v a c y 
 indeed covers? I know of none in German, Hungarian, Latin, French, Russian
 but maybe my 'second' vocabularies are defcient. I also wonder whether in
 the Pre-American English-English there was something like that?
 (Anotrher similar US-puzzle emerged lately: the Christ in Christmas
 what 'faithful' souls want to preserve in the 'spirit' of the holyday, I
 know names for Christmas in several languages and none includes 'Christ'.
 Anybody increasing my knowledge?)
 John M

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Re: How the banks are stealing our wealth

2013-12-23 Thread Quentin Anciaux
2013/12/23 meekerdb meeke...@verizon.net

  On 12/23/2013 12:46 PM, Jason Resch wrote:




 On Mon, Dec 23, 2013 at 2:12 PM, meekerdb meeke...@verizon.net wrote:

  On 12/23/2013 9:07 AM, Bruno Marchal wrote:

 Crypto-currencies, like cryptography, can surely help to save the freedom
 of privacy and privateness.

 Crypto-currencies does not need to be a pyramidal con, like Quentin
 suspects. They just allowed to create new independent banks which can do
 their work honestly or not.
 honestly is not moral here, but it means that it is attempted, at the
 least, to not base economy on lies (which often happens to keep jobs
 despite they became obsolete).


 Money is both the most wonderful economical tool and the most horrible
 life goal.

 When money is used honestly, every one (good willing enough) win and is
 enriched. But the longer the play, the bigger the liars can win, so those
 who make money the main goal crack, and corrupt the system, which at that
 moment become pyramidal.
 It is basically a confusion between meaning and use, or goal and tool.

 Today, a part of the economy relies on lies, so it is more the actual
 bank system which seems to lead us (partially) to a pyramid.
 The existence of crypto-money can help by providing different competing
 economies, and can help in making transition (and awakening from the lies)
 more smooth.


  I don't see it as any different than gold or silver.  Banks used to have
 reserves of gold or silver and they issued their own script money that was
 redeemable in gold or silver.  BUT they always loaned much more script than
 they had gold or silver.  They relied, quite reasonably, on the fact that
 in any given time interval, only few people would want to redeem their
 script in gold or silver.

 Now you may say this is lying, but so long as not done to excess, it
 makes for good economics.  Consider and extreme example: Suppose the
 'banker' has no gold or silver at all but he's prepared to loan script
 anyway.  Someone comes to him and wants to borrow $1000 to build a bridge
 over small river near the town.  The banker loans him the script.  He pays
 for material and labor, which he can do because people believe the script
 is backed by gold.  The bridge gets built and so farmers can come to town
 much more quickly, productivity is improved and the town thrives, so more
 people deposit money in the bank and the banker can actually buy some gold
 to back up his script.  Artificially increasing the money supply can be
 very useful; but just as with all kinds of interactions it depends a lot on
 trust.  If nobody trusts anybody else, as now so many people automatically
 distrust their government, then the economy is dragged down.

 http://opinionator.blogs.nytimes.com/2013/12/21/in-no-one-we-trust/?_r=0

 Brent



  One difference I see is that with crypto-currencies intermediaries are
 not required for either, 1. safe keeping, or 2. transfers.  If they are
 never held by intermediaries then they have nothing to loan out.


 The point of my example is that you don't HAVE to have anything to loan
 out.  Banks loaned out the value of gold without having the gold (having
 only a small part of it).

 As for security I'm not sure; can't you lose your bitcoins?


Not only you can lose them...  but they are lost for everyone... Also,
bitcoin is full of intermediaries (to change bitcoin with accepted
currencies)... bitcoin doesn't solve anything... but it's not because
bitcoin is I think bad, that I think any digital crypto currencies are
bad... I've not come accros one that could be useful yet.

Quentin

Quentin



 Brent

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Re: Privacy

2013-12-23 Thread John Mikes
Telmo, thanks. Does 'sigilo' not come from the Latin word for 'sign'
(sigillum)? which I would trace
through its way of 'expression of' rather than the American
privacy-crase.Your translations are OK,
if you use the translational ways I wanted to veryfy  in their REAL format.
I would not divert either
into the 'secretive' side as e.g. in a confessional.

Of course Americaisms raised their ugly heads in many countries (languages)
- I don't buy such
plagiarism for a vocabularian treasure of a language.

The religious hubbub for 'keep Christ in Christmas' does not IMPLY. Just
as Santa Claus is now
assigned to English-Dutch origin, when it originated from a Bishop
Nicolaus whose pet-name in
German spells Klaus  (Claus?).  (In Southern Italy I was shown a
mountainvillage where - as they
calim - the first Niclas bishop walked around with gifts to the poor (Near
Marathea, the name escaped).
Also Brindisi claims origination according to residents.
Interestingly the Santa Claus craze in Europe falls usually on the
evening of Dec. 5, (for Dec. 6 -
the 'name-day' of St.Nicolas)  - not attached to the Catholic date of
Christmas. (or the Orthodox?)


On Mon, Dec 23, 2013 at 4:50 PM, Telmo Menezes te...@telmomenezes.comwrote:

 Hi John,

 On Mon, Dec 23, 2013 at 10:18 PM, John Mikes jami...@gmail.com wrote:
  List-Friends of diverse linguistic origins: is there in another language
 a
  WORD meaning the same idiosyncrasy as what the USA  p r i v a c y 
 indeed
  covers?

 In Portuguese, the most common word is privacidade, which indeed is
 an anglicanism (although it's so commonly used that most people are
 not aware of that). But we have an older word: sigilo. It is still
 the one used in legal contexts. So, for example, sigilo bancário is
 an old recognized right to bank privacy and sigilo médico the right
 to privacy about your health history. There's also sigilo de
 justiça, which protects the privacy of people under criminal
 investigation. Then you have direito de imagem, which translates
 literally to the right to your image, and which includes norms
 against being surveilled with photographic equipment.

  I know of none in German, Hungarian, Latin, French, Russian but
  maybe my 'second' vocabularies are defcient. I also wonder whether in the
  Pre-American English-English there was something like that?
  (Anotrher similar US-puzzle emerged lately: the Christ in Christmas
 what
  'faithful' souls want to preserve in the 'spirit' of the holyday, I know
  names for Christmas in several languages and none includes 'Christ'.
 Anybody
  increasing my knowledge?)

 The portuguese word for Christmas is Natal, which directly
 translates to birth. It is implicit who's birth it is.

 I suspect that the Saturnalia, that it came to replace, was a whole
 lot more fun.

 Telmo.

  John M
 
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Yes, my book 'Reality' does cover quantum reality.

2013-12-23 Thread Edgar L. Owen
All,

Someone asked somewhere if I cover quantum theory in my book. Yes, I do. 
The entire 'Part III: Elementals' of the book covers reality at its finest 
scale, the quantum world. I'll summarize here but can only gloss over some 
of the main points.

As stated before reality, at its most fundamental level, consists of pure 
computationally evolving information only. It is not physical. Thus there 
is no dimensional spacetime. Dimensional spacetime is in fact something 
that arises from quantum events, e.g. the conservation of particle 
properties as they are computed in particle interactions that specify the 
dimensional relationships between particles emerging from particle 
interactions, such as relative energies and momenta.

It is these purely numeric NON-physical computed dimensional relationships 
that are part of the fundamental computational reality. Thus instead of a 
single pre-existing all pervading spacetime that exists as a background to 
all events, what really happens is that many independent mini-spacetimes 
arise from networks of particle interactions. 

It is only when these networks connect via common events that their 
spacetimes merge into larger mini-spacetimes, and the spacetime that we 
think we inhabit is actually the end result of the merging of innumerable 
mini-spacetimes as the result of all the billions of particle level events 
we continually interact with, e.g. all the photons impinging on our retinas.

These continual particle level interactions build up the simulacrum of a 
classical spacetime and our minds then interpolate that and mentally 
construct a fixed, pre-existing common spacetime that does not actually 
exist in external reality itself even though our minds convince us that it 
does.

Now there is plenty of evidence this view is correct, part of which is that 
it solves two of the most profound problems of physics.



The beauty of this insight is that it enables two very important advances.

1. First it enables the conceptual unification of general relativity and 
quantum theory because the reason they seem incompatible is precisely the 
pre-existing all pervading spacetime that quantum theory mistakenly 
assumes. When it is understood that spacetime emerges from quantum events 
rather than being a pre-existing background to them this incompatibility 
vanishes and in fact it is easy to get the curved spacetime of general 
relativity directly from this emergence by simply taking the mass-energy 
particle property as the scale of the spacetime that emerges.

2. In one fell swoop it eliminates ALL quantum paradox. Why? Because 
quantum processes only seem paradoxical again with respect to the 
pre-existing fixed common spacetime mistakenly assumed. When the way 
spacetime emerges FROM quantum processes is understood all the paradoxical 
nature of quantum theory vanishes.


Now, I know this probably seems counter intuitive and is a lot to get one's 
mind around in one post which is not as clearly stated as I'd like but I'd 
be happy to explain further or you can read my book available on Amazon 
under my name. When it is properly understood it becomes quite clear and 
very obvious and it is so simple and straightforward one wonders why no one 
discovered it before

Edgar





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Re: Yes, my book 'Reality' does cover quantum reality.

2013-12-23 Thread spudboy100


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Re: How the banks are stealing our wealth

2013-12-23 Thread Jason Resch
On Mon, Dec 23, 2013 at 5:02 PM, meekerdb meeke...@verizon.net wrote:

  On 12/23/2013 12:46 PM, Jason Resch wrote:




 On Mon, Dec 23, 2013 at 2:12 PM, meekerdb meeke...@verizon.net wrote:

  On 12/23/2013 9:07 AM, Bruno Marchal wrote:

 Crypto-currencies, like cryptography, can surely help to save the freedom
 of privacy and privateness.

 Crypto-currencies does not need to be a pyramidal con, like Quentin
 suspects. They just allowed to create new independent banks which can do
 their work honestly or not.
 honestly is not moral here, but it means that it is attempted, at the
 least, to not base economy on lies (which often happens to keep jobs
 despite they became obsolete).


 Money is both the most wonderful economical tool and the most horrible
 life goal.

 When money is used honestly, every one (good willing enough) win and is
 enriched. But the longer the play, the bigger the liars can win, so those
 who make money the main goal crack, and corrupt the system, which at that
 moment become pyramidal.
 It is basically a confusion between meaning and use, or goal and tool.

 Today, a part of the economy relies on lies, so it is more the actual
 bank system which seems to lead us (partially) to a pyramid.
 The existence of crypto-money can help by providing different competing
 economies, and can help in making transition (and awakening from the lies)
 more smooth.


  I don't see it as any different than gold or silver.  Banks used to have
 reserves of gold or silver and they issued their own script money that was
 redeemable in gold or silver.  BUT they always loaned much more script than
 they had gold or silver.  They relied, quite reasonably, on the fact that
 in any given time interval, only few people would want to redeem their
 script in gold or silver.

 Now you may say this is lying, but so long as not done to excess, it
 makes for good economics.  Consider and extreme example: Suppose the
 'banker' has no gold or silver at all but he's prepared to loan script
 anyway.  Someone comes to him and wants to borrow $1000 to build a bridge
 over small river near the town.  The banker loans him the script.  He pays
 for material and labor, which he can do because people believe the script
 is backed by gold.  The bridge gets built and so farmers can come to town
 much more quickly, productivity is improved and the town thrives, so more
 people deposit money in the bank and the banker can actually buy some gold
 to back up his script.  Artificially increasing the money supply can be
 very useful; but just as with all kinds of interactions it depends a lot on
 trust.  If nobody trusts anybody else, as now so many people automatically
 distrust their government, then the economy is dragged down.

 http://opinionator.blogs.nytimes.com/2013/12/21/in-no-one-we-trust/?_r=0

 Brent



  One difference I see is that with crypto-currencies intermediaries are
 not required for either, 1. safe keeping, or 2. transfers.  If they are
 never held by intermediaries then they have nothing to loan out.


 The point of my example is that you don't HAVE to have anything to loan
 out.


Commercial banks from which people get loans don't create the Federal
Reserve notes they loan out, they need to already have some on hand before
they can make a loan.  With bitcoins it is clear you can't loan any out
unless they are in your possession.

Of course, our money today is fundamentally nothing but IOUs, which can be
created out of thin air and backed by nothing but a promise. The
instability of such a system arises when debt (which is money in our
system) is created faster than the rate at which the economy grows.
Defaulted debt destroys outstanding IOUs and collapses the money supply.


   Banks loaned out the value of gold without having the gold (having only
 a small part of it).

 As for security I'm not sure; can't you lose your bitcoins?


You can, but their security need not depend on traditional physical
security approaches: vaults, guards, cameras, etc. You can encrypt your
wallet and then its security is assured.  Your wallet may even be based on
some suitably long password or passphrase which is not stored physically
anywhere (as http://brainwallet.org/ demonstrates).

So long as you don't forget and don't disclose this secret your funds are
safe.

Jason

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Re: Yes, my book 'Reality' does cover quantum reality.

2013-12-23 Thread Edgar L. Owen
Thanks for purchasing it. Note that in the Kindle edition the Title page 
and table of contents formatting is a little screwed up but the text seems 
OK.

Edgar


On Monday, December 23, 2013 7:15:13 PM UTC-5, Edgar L. Owen wrote:

 All,

 Someone asked somewhere if I cover quantum theory in my book. Yes, I do. 
 The entire 'Part III: Elementals' of the book covers reality at its finest 
 scale, the quantum world. I'll summarize here but can only gloss over some 
 of the main points.

 As stated before reality, at its most fundamental level, consists of pure 
 computationally evolving information only. It is not physical. Thus there 
 is no dimensional spacetime. Dimensional spacetime is in fact something 
 that arises from quantum events, e.g. the conservation of particle 
 properties as they are computed in particle interactions that specify the 
 dimensional relationships between particles emerging from particle 
 interactions, such as relative energies and momenta.

 It is these purely numeric NON-physical computed dimensional relationships 
 that are part of the fundamental computational reality. Thus instead of a 
 single pre-existing all pervading spacetime that exists as a background to 
 all events, what really happens is that many independent mini-spacetimes 
 arise from networks of particle interactions. 

 It is only when these networks connect via common events that their 
 spacetimes merge into larger mini-spacetimes, and the spacetime that we 
 think we inhabit is actually the end result of the merging of innumerable 
 mini-spacetimes as the result of all the billions of particle level events 
 we continually interact with, e.g. all the photons impinging on our retinas.

 These continual particle level interactions build up the simulacrum of a 
 classical spacetime and our minds then interpolate that and mentally 
 construct a fixed, pre-existing common spacetime that does not actually 
 exist in external reality itself even though our minds convince us that it 
 does.

 Now there is plenty of evidence this view is correct, part of which is 
 that it solves two of the most profound problems of physics.



 The beauty of this insight is that it enables two very important advances.

 1. First it enables the conceptual unification of general relativity and 
 quantum theory because the reason they seem incompatible is precisely the 
 pre-existing all pervading spacetime that quantum theory mistakenly 
 assumes. When it is understood that spacetime emerges from quantum events 
 rather than being a pre-existing background to them this incompatibility 
 vanishes and in fact it is easy to get the curved spacetime of general 
 relativity directly from this emergence by simply taking the mass-energy 
 particle property as the scale of the spacetime that emerges.

 2. In one fell swoop it eliminates ALL quantum paradox. Why? Because 
 quantum processes only seem paradoxical again with respect to the 
 pre-existing fixed common spacetime mistakenly assumed. When the way 
 spacetime emerges FROM quantum processes is understood all the paradoxical 
 nature of quantum theory vanishes.


 Now, I know this probably seems counter intuitive and is a lot to get 
 one's mind around in one post which is not as clearly stated as I'd like 
 but I'd be happy to explain further or you can read my book available on 
 Amazon under my name. When it is properly understood it becomes quite clear 
 and very obvious and it is so simple and straightforward one wonders why no 
 one discovered it before

 Edgar







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Re: How the banks are stealing our wealth

2013-12-23 Thread meekerdb

On 12/23/2013 6:54 PM, Jason Resch wrote:




On Mon, Dec 23, 2013 at 5:02 PM, meekerdb meeke...@verizon.net 
mailto:meeke...@verizon.net wrote:


On 12/23/2013 12:46 PM, Jason Resch wrote:




On Mon, Dec 23, 2013 at 2:12 PM, meekerdb meeke...@verizon.net
mailto:meeke...@verizon.net wrote:

On 12/23/2013 9:07 AM, Bruno Marchal wrote:

Crypto-currencies, like cryptography, can surely help to save the 
freedom of
privacy and privateness.

Crypto-currencies does not need to be a pyramidal con, like Quentin 
suspects.
They just allowed to create new independent banks which can do their 
work
honestly or not.
honestly is not moral here, but it means that it is attempted, at the 
least,
to not base economy on lies (which often happens to keep jobs despite 
they
became obsolete).

Money is both the most wonderful economical tool and the most horrible 
life goal.

When money is used honestly, every one (good willing enough) win and is
enriched. But the longer the play, the bigger the liars can win, so 
those who
make money the main goal crack, and corrupt the system, which at that 
moment
become pyramidal.
It is basically a confusion between meaning and use, or goal and tool.

Today, a part of the economy relies on lies, so it is more the actual 
bank
system which seems to lead us (partially) to a pyramid.
The existence of crypto-money can help by providing different competing
economies, and can help in making transition (and awakening from the 
lies)
more smooth.


I don't see it as any different than gold or silver.  Banks used to have
reserves of gold or silver and they issued their own script money that 
was
redeemable in gold or silver.  BUT they always loaned much more script 
than
they had gold or silver. They relied, quite reasonably, on the fact 
that in any
given time interval, only few people would want to redeem their script 
in gold
or silver.

Now you may say this is lying, but so long as not done to excess, it 
makes
for good economics.  Consider and extreme example: Suppose the 'banker' 
has no
gold or silver at all but he's prepared to loan script anyway.  Someone 
comes
to him and wants to borrow $1000 to build a bridge over small river 
near the
town.  The banker loans him the script.  He pays for material and 
labor, which
he can do because people believe the script is backed by gold.  The 
bridge gets
built and so farmers can come to town much more quickly, productivity is
improved and the town thrives, so more people deposit money in the bank 
and the
banker can actually buy some gold to back up his script. Artificially
increasing the money supply can be very useful; but just as with all 
kinds of
interactions it depends a lot on trust.  If nobody trusts anybody else, 
as now
so many people automatically distrust their government, then the 
economy is
dragged down.

http://opinionator.blogs.nytimes.com/2013/12/21/in-no-one-we-trust/?_r=0

Brent



One difference I see is that with crypto-currencies intermediaries are not 
required
for either, 1. safe keeping, or 2. transfers.  If they are never held by
intermediaries then they have nothing to loan out.


The point of my example is that you don't HAVE to have anything to loan out.


Commercial banks from which people get loans don't create the Federal Reserve notes they 
loan out, they need to already have some on hand before they can make a loan.  With 
bitcoins it is clear you can't loan any out unless they are in your possession.


That's like saying those banks in the old west couldn't loan out gold unless they had it 
in their possession.  Sure; but it didn't keep them from loaning script that, according to 
them, was backed by gold.




Of course, our money today is fundamentally nothing but IOUs, which can be created out 
of thin air and backed by nothing but a promise. The instability of such a system arises 
when debt (which is money in our system) is created faster than the rate at which the 
economy grows. Defaulted debt destroys outstanding IOUs and collapses the money supply.


Which is the down side when money creation is excessive - but you miss the point of my 
example which shows that this same fiat creation of money can also be good. Fundamentally 
all money rests on trust.  Even gold is only good because people believe others will 
accept it for food, sex, etc.



  Banks loaned out the value of gold without having the gold (having only a 
small
part of it).

As for security I'm not sure; can't you lose your bitcoins?


You can, but their security need not depend on traditional physical security approaches: 
vaults, guards, cameras, etc. You can encrypt your 

Re: How the banks are stealing our wealth

2013-12-23 Thread Jason Resch
On Mon, Dec 23, 2013 at 10:22 PM, meekerdb meeke...@verizon.net wrote:

  On 12/23/2013 6:54 PM, Jason Resch wrote:




 On Mon, Dec 23, 2013 at 5:02 PM, meekerdb meeke...@verizon.net wrote:

  On 12/23/2013 12:46 PM, Jason Resch wrote:




 On Mon, Dec 23, 2013 at 2:12 PM, meekerdb meeke...@verizon.net wrote:

  On 12/23/2013 9:07 AM, Bruno Marchal wrote:

 Crypto-currencies, like cryptography, can surely help to save the
 freedom of privacy and privateness.

 Crypto-currencies does not need to be a pyramidal con, like Quentin
 suspects. They just allowed to create new independent banks which can do
 their work honestly or not.
 honestly is not moral here, but it means that it is attempted, at the
 least, to not base economy on lies (which often happens to keep jobs
 despite they became obsolete).


 Money is both the most wonderful economical tool and the most horrible
 life goal.

 When money is used honestly, every one (good willing enough) win and is
 enriched. But the longer the play, the bigger the liars can win, so those
 who make money the main goal crack, and corrupt the system, which at that
 moment become pyramidal.
 It is basically a confusion between meaning and use, or goal and tool.

 Today, a part of the economy relies on lies, so it is more the actual
 bank system which seems to lead us (partially) to a pyramid.
 The existence of crypto-money can help by providing different competing
 economies, and can help in making transition (and awakening from the lies)
 more smooth.


  I don't see it as any different than gold or silver.  Banks used to
 have reserves of gold or silver and they issued their own script money that
 was redeemable in gold or silver.  BUT they always loaned much more script
 than they had gold or silver.  They relied, quite reasonably, on the fact
 that in any given time interval, only few people would want to redeem their
 script in gold or silver.

 Now you may say this is lying, but so long as not done to excess, it
 makes for good economics.  Consider and extreme example: Suppose the
 'banker' has no gold or silver at all but he's prepared to loan script
 anyway.  Someone comes to him and wants to borrow $1000 to build a bridge
 over small river near the town.  The banker loans him the script.  He pays
 for material and labor, which he can do because people believe the script
 is backed by gold.  The bridge gets built and so farmers can come to town
 much more quickly, productivity is improved and the town thrives, so more
 people deposit money in the bank and the banker can actually buy some gold
 to back up his script.  Artificially increasing the money supply can be
 very useful; but just as with all kinds of interactions it depends a lot on
 trust.  If nobody trusts anybody else, as now so many people automatically
 distrust their government, then the economy is dragged down.

 http://opinionator.blogs.nytimes.com/2013/12/21/in-no-one-we-trust/?_r=0

 Brent



  One difference I see is that with crypto-currencies intermediaries are
 not required for either, 1. safe keeping, or 2. transfers.  If they are
 never held by intermediaries then they have nothing to loan out.


  The point of my example is that you don't HAVE to have anything to loan
 out.


  Commercial banks from which people get loans don't create the Federal
 Reserve notes they loan out, they need to already have some on hand before
 they can make a loan.  With bitcoins it is clear you can't loan any out
 unless they are in your possession.


 That's like saying those banks in the old west couldn't loan out gold
 unless they had it in their possession.  Sure; but it didn't keep them from
 loaning script that, according to them, was backed by gold.



This would be considered fraud in any other line of business.



  Of course, our money today is fundamentally nothing but IOUs, which can
 be created out of thin air and backed by nothing but a promise. The
 instability of such a system arises when debt (which is money in our
 system) is created faster than the rate at which the economy grows.
 Defaulted debt destroys outstanding IOUs and collapses the money supply.


 Which is the down side when money creation is excessive - but you miss the
 point of my example which shows that this same fiat creation of money can
 also be good. Fundamentally all money rests on trust.  Even gold is only
 good because people believe others will accept it for food, sex, etc.



Trust is not a bad thing to have, but to design a system that inherently
requires trust to function and will crash should that trust ever evaporate
is a less-than-perfect design.





   Banks loaned out the value of gold without having the gold (having only
 a small part of it).

 As for security I'm not sure; can't you lose your bitcoins?


  You can, but their security need not depend on traditional physical
 security approaches: vaults, guards, cameras, etc. You can encrypt your
 wallet and then its security is assured.  Your wallet may 

Re: How the banks are stealing our wealth

2013-12-23 Thread meekerdb

On 12/23/2013 8:57 PM, Jason Resch wrote:




On Mon, Dec 23, 2013 at 10:22 PM, meekerdb meeke...@verizon.net 
mailto:meeke...@verizon.net wrote:


On 12/23/2013 6:54 PM, Jason Resch wrote:




On Mon, Dec 23, 2013 at 5:02 PM, meekerdb meeke...@verizon.net
mailto:meeke...@verizon.net wrote:

On 12/23/2013 12:46 PM, Jason Resch wrote:




On Mon, Dec 23, 2013 at 2:12 PM, meekerdb meeke...@verizon.net
mailto:meeke...@verizon.net wrote:

On 12/23/2013 9:07 AM, Bruno Marchal wrote:

Crypto-currencies, like cryptography, can surely help to save the 
freedom
of privacy and privateness.

Crypto-currencies does not need to be a pyramidal con, like Quentin
suspects. They just allowed to create new independent banks which 
can do
their work honestly or not.
honestly is not moral here, but it means that it is attempted, at 
the
least, to not base economy on lies (which often happens to keep jobs
despite they became obsolete).

Money is both the most wonderful economical tool and the most 
horrible
life goal.

When money is used honestly, every one (good willing enough) win 
and is
enriched. But the longer the play, the bigger the liars can win, so
those who make money the main goal crack, and corrupt the system, 
which
at that moment become pyramidal.
It is basically a confusion between meaning and use, or goal and 
tool.

Today, a part of the economy relies on lies, so it is more the 
actual
bank system which seems to lead us (partially) to a pyramid.
The existence of crypto-money can help by providing different 
competing
economies, and can help in making transition (and awakening from the
lies) more smooth.


I don't see it as any different than gold or silver.  Banks used to 
have
reserves of gold or silver and they issued their own script money 
that was
redeemable in gold or silver.  BUT they always loaned much more 
script
than they had gold or silver. They relied, quite reasonably, on the 
fact
that in any given time interval, only few people would want to 
redeem
their script in gold or silver.

Now you may say this is lying, but so long as not done to excess, 
it
makes for good economics.  Consider and extreme example: Suppose the
'banker' has no gold or silver at all but he's prepared to loan 
script
anyway.  Someone comes to him and wants to borrow $1000 to build a 
bridge
over small river near the town. The banker loans him the script.  
He pays
for material and labor, which he can do because people believe the 
script
is backed by gold.  The bridge gets built and so farmers can come 
to town
much more quickly, productivity is improved and the town thrives, 
so more
people deposit money in the bank and the banker can actually buy 
some gold
to back up his script.  Artificially increasing the money supply 
can be
very useful; but just as with all kinds of interactions it depends 
a lot
on trust.  If nobody trusts anybody else, as now so many people
automatically distrust their government, then the economy is 
dragged down.


http://opinionator.blogs.nytimes.com/2013/12/21/in-no-one-we-trust/?_r=0

Brent



One difference I see is that with crypto-currencies intermediaries are 
not
required for either, 1. safe keeping, or 2. transfers.  If they are 
never held
by intermediaries then they have nothing to loan out.


The point of my example is that you don't HAVE to have anything to loan 
out.


Commercial banks from which people get loans don't create the Federal 
Reserve notes
they loan out, they need to already have some on hand before they can make 
a loan.
 With bitcoins it is clear you can't loan any out unless they are in your 
possession.


That's like saying those banks in the old west couldn't loan out gold 
unless they
had it in their possession. Sure; but it didn't keep them from loaning 
script that,
according to them, was backed by gold.



This would be considered fraud in any other line of business.


Are you a utilitarian or a moralist?  Their script was backed by gold - just not enough to 
cover *all* the script.




Of course, our money today is fundamentally nothing but IOUs, which can be 
created
out of thin air and backed by nothing but a promise. The instability of 
such a
system arises when debt (which is money in our system) is created faster 
than the
rate at which the economy grows. Defaulted debt destroys outstanding IOUs 
and
collapses the money supply.


Which is the