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"each Mastercard transaction is estimated to use just 0.0006 kWh (kilowatt hours), whilst every Bitcoin transaction consumes 980 kWh, enough to power an average Canadian home for more than three weeks, according to some commentators."
Which is insane. But then they also say:
"Despite these issues, UN experts believe that cryptocurrencies and the technology that powers them (blockchain) can play an important role in sustainable development, and actually improving our stewardship of the environment."
Blockchain is a completely different thing. It is like coupling the Internet with Paypal. Blockchain is a very useful technology (and quite old) - as we explain it in detail in our book, here tromsite.com/books/#flipbook-d… . Unfortunately Blockchain, which is simply a more secure and transparent way to keep track of "transactions" or "interactions", is used to invent currencies. Instead it could be used to keep track of medical records, biodiversity, or the nights you could not sleep because you were too aroused, since pretty much anything is more relevant than using it to create a currency. So the Internet is a great invention. Paypal....not really, unless you compare it with traditional banking, in which case yes Paypal is slightly better (easier to use, faster, etc.). Same way Bitcoin or other similar cryptocurrencies, are slightly better than say Paypal-like entities, or banks.
But that's like saying hanging yourself is better than jumping from a 20 story building, because you can hang yourself at home, you feel less pain because the rope cuts the blood supply to your brain and you pass out very quickly, and you argue it is more safe because jumping from such a tall building you can land on someone else's head and kill them. To which I agree, hanging seems better. But that's the only difference between Bitcoin (handing), and jumping from a 20 story building (banks). But you are still dead... In the end both are currencies and both lead to massive corruption, inequality, lies, and the continuation of the game of trade that consumes us and the planet. And soon the rest of the solar system. Same shit.
The UN continues:
"One of the most useful aspects of cryptocurrencies, as far as the UN is concerned, is transparency.
Because the technology is resistant to tampering and fraud, it can provide a trusted and transparent record of transactions. This is particularly important in regions with weak institutions and high levels of corruption."
We showcase in detail in the same book, how any such technology can and will be tampered with, and it would not prevent fraud at all. This is a myth we keep on vocalizing: better security = better security. Not true! Better security simply equals different methods to bypass that security. As long as we play this game of trade, humans will be incentivized to break such security measures if that results in some advantages in the game of trade, for them.
Cryptocurrencies are the new-age religion:
In all, people who think that Bitcoin or any other cryptocurrency is better than money, are the followers and the bishops of the new church of economy. We are witnessing the split of Christianity into the Catholic church, the Orthodox one, and so forth. each believing that their interpretation of religion is the right one:
That's what's happening with these cryptocurrencies today.
At the end of the day both are religions. People believe in them without every questioning what is religion or what is a currency. Who invented these notions and what purpose do they serve...
Those who think that Bitcoin or other cryptocurrencies are better than money, understand nothing about this trade-based society. Currencies only represent trades, and trade is what pushes people to create so much destruction in the world. Also, to "mine" cryptocurrencies and spend so much energy doing that, more than countries of hundreds of millions of people, is simply insane. What these "miners" do is "solving" irrelevant mathematical problems to see what computer is first to get some rewards for that. Just to create more currency and "distribute" it in a very unequal manner to those who have the most powerful computers.
TROM cuts through this shit like a hot knife through butter, because TROM focuses on "trade as the origin of most problems", and not money.
I think most people are leaning towards crypto currencies because of privacy reasons, and I get that. But I'm disappointed to see no one talking about its environmental effects.
I like everything to be as resource efficient as it gets, its almost like an obsession for me. And there's nothing that hurts me more than seeing humans waste their energy like this.
Imagine humans becoming a type 1 civilization & using that energy for mining crypto currencies, things that have no physical value.
The truth is, it's not private... you need sms verification to even purchase from atms where i'm from. Add to that, the fact that you are now relying on exchanges, see bank, who you have to trust... then when lights go out you lose everything. @trom
Yeah, even though many of these things are private in theory, it doesn't mean it'll be like that in practice. Overall, I think making a currency private is easier said than done.
I'm always is support of privacy and decentralization. But when it comes to crypto currencies, I just don't think its worth the effort. We're getting privacy at the expense of these environmental issues, and that too is only private in theory. Clearly, the consequences outweigh the benifits here. @trom
But I'd say the most destructive power is the incentive behind a currency. The incentive is always to trade, and eventually trade means waste, climate change, slavery, corruption, and a ton of issues as we detailed in so many books. I'd say, so what if a currency is private and very secure....it serves the same purpose of trading. How is that better? 😀
This is what I initially said, most people are moving to crypto currencies for privacy reasons. They're not trying to remove the incentive behind currency or its destructive power. Maybe they don't understand the problem like we do, or maybe they don't care.
Either way, I wanted to speak from their perspective. Even though we say trade is the cause of most problems, we're not even close to ending trade. For now, I think its good to talk about environmental issues & reduce harm @lps
From the context, when you say "trade" here I take it you mean something other than "energy exchange"... Otherwise it brings to question, how is "trade" different than "energy exchange"?
Would note again, "money" is ALWAYS a centrally controlled abstract as applied to mass for purposes of "energy exchange". Doesn't really matter if that central control is the BIS (Bank of International Settlements), "A.I.", or A-liens from the planet fuk me that come in yoga pants, bearing lattes and snakes, and when asked to leave reply "Namaste". Without that central control MONETARY "economic" (aka "energy exchange") mechanisms, such as "Price Discovery" for example, simply can't happen.
Absolutely agree with you that Cryptocurrencies do not in anyway stray from the monetary model, they are MONEY. So while there may be a form that appears on the surface as if there's all sorts of decentralized "free actors" in the space, it's ultimately no more decentralized than people creating their own YouTube channels or pointing out that they have over 400 channels to choose from on their TV and then acting like that means there's no longer only 6 some odd companies facilitating and servicing every single bit of what they just claimed was highly decentralized. In fact, since 2010-11, the crypto space has shown itself from multiple angles to stand as HIGHLY centralized and concentrated at it's root. (i.e. last I knew it was less than 1% of bitcoin wallets holding over 40% of the total BTC volume; which by itself creates a highly manipulable economic state over the mass)
But you don't seem to be discussing specifically MONETARY Economics (as you stress that you aren't), but just economics (aka "energy exchange") itself if I understand your application of the word "trade" here correctly.
If "energy exchange" itself, that is to say TRADES OF ENERGY is not to occur, how is something as basic as a stream running from one destination to another, subsequently facilitating grass growing, that subsequently facilitates the raising of food, which then allows one to cook a meal and share it with their family even supposed to occur? The water would need to be stopped (as it's making energy trade exchanges with the grass), the raising of food related to the energy trade exchanges with the soil would need to stop, cooking again would entail energy exchanges as would the sharing of the food so those couldn't happen, just all energy trade exchanges, all economics, would need to stop. The mere act of burning calories couldn't even take place, as again, burning calories is a process of energy trade exchange.
Anyhow, just not sure what you specifically are meaning when you say "trade".... please elaborate.
@Future is FOSS The "S" in "IoT" stands for "Security". Considering where things stood back in 2011 in mainstream block-crypto practices to where they are now, one would think the block-crypto sphere had elected on a path of "Who needs security anyway?"
Exchanges soaking up IDs, a near total indifference to overt market manipulations topped with FOMO rushes abounding, near total indifference to existing chipset issues (ala Intel ME and AMD PSP), the list goes on and on. Could it be worse? Sure, it could be worse, and in fact it's arguably done nothing but continue to exceed itself, specifically in areas that strip individual security (notably in regards to a "powerful adversary"), over the past decade. Security is such a non-issue that much like Microsoft's handling of Windows 8/Server 2012 on, one might presume of the absurd state of "SecurityLACK": "its not a bug, ITS A FEATURE!" (much of this period of history may later be reflected back on as the "WHAT WERE THEY THINKING!?" era)
Such said, when there's more empty homes then there are homeless people (such as in the U.S.) there's something deeper than just "money" or "energy misallocation" issues occurring. There's (IMO) a rather overt collectively emergent Moral Ethic issue. The "money" itself is simply a symptom of the state of said Moral Ethic issue. At it's very least, the "money" simply shows that the collectively emergent Moral Ethic has a standing consensus of and for "slave economics". That is to say, it places the judgement of some sort of "I" (which need not be a person, but simply a central entity) possessing an absolute "right" understanding of "value" over all others and subsequently for any economics (energy exchange) to take place it's congregant mass must OBEY and adhere to it's "value" set limits. So if the collective Moral Ethic is one of Master/Deity to Slave, the larger economics is going to be a reflective manifestation of that order. Arguably akin to a "death cult" in as much that the central command increasingly seeks nothing but a total reflection of it's own self with no other dynamics as it "scales up". OBEY MY COMMAND
M:E E:P P:(p)W "E"conomics is an emergent subset of "M"orality/Ethics, "P"olitics (the deliberations in or of an existing "E"conomic state) is an emergent subset of "E"conomics, "(p)"otential for "W"ar (failure of politics to amicably and peaceably resolve) is an emergent subset of "P"olitics.
By trade I mean this en.wikipedia.org/wiki/Trade - it is inside of a context, that of the human world invented fantasy called "economic". I am deeply confused by what you are saying with "energy exchange". It is simply the economy we face today. In this worldwide society, if you want food, you need to give something in return. You can't just grab some food and eat. In most places you give yourself (like your skills, time, energy) and do something for someone else (carry stuff, punch some numbers in a computer, whatever). We call these "jobs". And we represent these trades between you who wants food, and the others who want you, with a currency. Today is mainly money. You then take this money and trade it for food to someone else. That's how this system works.
If you look more broadly you find multiple such trading systems in our society. For example youtube wants your attention (watch those ads!) because they can convert them later on into something else, like say money that then they convert into cars and houses and whatever. Others trade their computer power to "mine" bitcoin or other currencies, and in return they get some currency that then can be used to purchase real things. In the end these people do not trade for currency, but for what the currency can bring to them. You can't eat bitcoin or do anything with it. It is only relevant when you can do something useful with it, like accessing goods/services. Get a burger or a blowjob 😁.
Other forms of trades are between you and your tribe. Your tribe may say: "You want food? Then respect our laws and give us as much info about you as possible. And if we think you are worthy, we give you food." These are called "social programs". You trade your freedom/(¡dignity and such, in order to get food, or whatever.
So I am not, of course, talking in an abstract way about trade, but about our society specifically. Makes more sense now?
As this comment is lengthy, I'll offer first this concise version of what it covers and deals with (more thorough statement beginning at "LONG FORM COMMENT" below): 1. Why I equated "Economics" to both "Energy Exchange" AND "Trade" as synonymous terms 2. What I meant by "Energy" (and might as well call EVERYTHING "energy") 3. Nothing you're saying makes sense to me about "Trade" in and of itself and even your own citation of what "trade" is professed that what you were saying only made sense within the limited subset of possible "Trade" forms that are of a centrally controlled trade nature (of which "money" just happens to be a subset of). In the context of EXCLUDING economics like "bartering", "gifting", "agorism", etc. yes, I totally see what you're talking about and agree such systems are "Slave Economics" by the very nature of their Central Control and Command being applied to a congregant obeying mass that is denied the ability of setting and/or carrying any meaningful "value" set of their own.
Apologize for the length, but eh, such can often be the natural result of real inquiry and discussion. Can't say I have any real disagreement or issue with anything you've thus far stated other than semantics and a suggestion that you might want to reconsider how you're defining "trade" and "economics" simply to avoid what you mean falling into contradictions with itself when one approaches "economic theory" or it's subset of "monetary theory". Discussions of this sort are important and I HIGHLY commend your (and the TROM teams) work. I certainly don't have all the answers and I'm really not sure there's any real "freedom" EVER possible from ANY central entity that claims to. However, without discussions like these beginning to take place, truly addressing the issues inherent to "Where are we?", "How did we get here?", and "What might we do moving forward?" aren't likely to be addressed or acted on in any meaningful way. As the old saying goes..... "Free your mind and your ass will follow" -Parliament Funkadelic
LONG FORM COMMENT:
"By trade I mean this en.wikipedia.org/wiki/Trade - it is inside of a context, that of the human world invented fantasy called "economic". I am deeply confused by what you are saying with "energy exchange".
From your own offered definition: "Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market." and "An early form of trade, the Gift economy, saw the exchange of goods and services without an explicit agreement for immediate or future rewards. A gift economy involves trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later of credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade."
First, notice that your own citation notes that "Trade" is a "Superset" of "money". That is to say, "money"/"monetary economics" ALWAYS holds an emergent relation to trade but trade IS NOT emergent from or always in relation to "money". As per your own citations claim: "Modern traders generally [BUT NOT ALWAYS] negotiate through a medium of exchange, such as money [MONEY BEING BUT ONE POSSIBLE MEDIUM OF TRADE] and "traders generally negotiate through a medium of exchange [THIS IS ONLY GENERALLY], such as money [AGAIN, MONEY IS ONLY ONE POSSIBLE MEDIUM OF MEDIUMS]. As a result, buying can be separated from selling, or earning [THE ACTUAL REAL/TRUE ECONOMIC OCCURRENCE IS NEGOTIATED THROUGH ABSTRACTION, AN ACT OF PURE IMAGINATION]. The invention of money (and later of credit, paper money and non-physical money) greatly simplified and promoted trade. [SIMPLIFIED IN AS MUCH THAT "VALUE" IS ESTABLISHED VIA A CENTRAL ENTITY AS OPPOSED TO MULTIPLE ENTITIES; ENABLING A REFEREE/JUDGE FOR MORE STREAMLINED "PRICE DISCOVERY"]
*Bracketed items being editorial notes originating from myself as opposed to the original citation*
Moving on, take heed that per the standard physics model both a "good" itself as well as a "service" are inherently imbued with and constituted of "energy" as given by the Planck Constant. "a fundamental physical constant denoted h, and is of fundamental importance in quantum mechanics. A photon's energy is equal to its frequency multiplied by the Planck constant. Due to mass–energy equivalence, the Planck constant also relates mass to frequency."
Going even more explicitly into the details of things, we then have "Energy" en.wikipedia.org/wiki/Energy "energy is the quantitative property that must be transferred to a body or physical system to perform work on the body, or to heat it. Energy is a conserved quantity; the law of conservation of energy states that energy can be converted in form, but not created or destroyed." [NOTE THAT SUCH MEANS THAT IN MORE TRUE/NON-ABSTRACTED ECONOMICS THIS MEANS SOMETHING MUCH CLOSER TO MULTILATERAL EXCHANGE ALWAYS UNDERLIES THE TRUTH OF ANY ABSTRACTED ECONOMICS.... THINGS ALWAYS SUM TO ZERO!]
So this is why I noted "money" as always being a centrally controlled abstract as applied to a mass for "energy exchange" (aka "economics"). The "money" is simply a "debt instrument" used for establishing that some "value" of "energy" is owed/obligated to the holder of "money".
For Nation State "money", the "Boss Level" as it were, became the central bank(s). The Central Bank of Central Banks, "The Boss" of the "Boss Level" being the BIS (Bank of International Settlements). Below the BIS is then the World Bank and IMF. Below the World Bank and IMF are then what people popularly think of when they hear the words "central bank", that being things like the U.S. Federal Reserve, the UK Bank of England, Japan's Bank of Japan, China's People's Bank Of China, etc. Finally one reaches the level of things like the "Member Bank(s)", which is the level at which the general public starts interacting with the CENTRALLY CONTROLLED system. These are banks like Bank Of America, Wells Fargo, BBVA (now PNC). Note that in light of all surface level appearances of "decentralization", the system itself does centralize; the appearance of "decentralization" being born of a result of mistaking different divisions of the same network as being unique and totally independent of each other when that simply NEVER was the case. Of note, the BIS resides in Basel, Switzerland. There's the old saying of "Be like the Swiss" with underlying comment to how Switzerland was "neutral" in World War II. It's pretty easy to remain neutral when one is "The Boss (level)", 😉
As fore-noted, in lieu of the advent of HFT (High Frequency Trading) and the like, "value" management was (basically) handed over to "A.I.".
If anything, the only roll left to the CBs (Central Banks) is one of providing "liquidity" to and for the "A.I." Such "liquidity" is made manifest through acts like "Quantitative Easing" (aka "Q.E."), which in a simple, just means "Creating new money out of thin air".
The CBs have then (made clear) that they are, for whatever reason, removing themselves from the system and basically turning over their role as a facilitator of Liquidity to the general mass. Which, in a simple, is opened up by allowing just about any and all to both 1. create money djangostars.com/blog/how-to-bu… AND 2. Removing the human entity from (virtually) having anything to do with monetary management and exchange rates. fsf.org/bulletin/2020/fall/fre…
As this process completes, the CBs have been rather blunt and clear, as per the Fed Chairman Jerome Powell last april... "I'm in a position to guarantee that the Fed will do everything we can to support the economy for as long as it takes to complete the recovery." *full interview here: cbsnews.com/news/60-minutes-je… *
A sneaky way of basically saying "QE! QE FOREVER!" as that's literally about the only tool left in the CB bucket to "support the [monetary] economy". As any cessation of QE has been shown to both clearly and drastically manifest as (monetary) market shocks and downturns. Never mind "Melt Down", the (monetary) market "Melts Up" (destroying itself in the process). In an absurd world, sometimes the largest truths are easily mistaken for comedy. Such said, President's Camacho's speech on modern economics is single handily one of the most clear and direct commentaries I've ever heard or seen.....
*amended video of Camacho to help illustrate the TRUTH that underlays what may at first appear mere comedy. Take heed to the recent trillions (and a trillion means a million billion) injected into markets, the eviction stays (aka "rent forgiveness"), the government sending out of "free" money to both businesses and to lesser extent general citizens, and of course the advent of public "get rich quick" through things like the "Robin Hood" app platform and of course cryptocurrencies falling from the sky. Then ask yourself if what's being delivered by Camacho really comedy, or is it just that the truth itself really is that absurd.*
Enter the PO(o)R [aka "Proof Of Resource"], the increased implementation of physically monitored human actions [ala physical action tangible "service" as opposed to a "good"] as mining mechanisms as opposed to the POW (Proof Of Work) method of resolving hashes (for more detail see Microsoft Patent WO2020060606), and similar related derivatives such as "Real Asset NFTs".
It's ALL not only "Energy Exchange" management (the "banks" simply guiding the "currency"; perhaps better said as "current see"), but more specifically CENTRALLY CONTROLLED "Energy Exchange". As fore noted, "Economics" being at it's root nothing more than "Energy Exchange".
The old (monetary) system abstraction is updated and simplified via 1. Automated Management ("A.I."; derived from the collectively emergent moral ethic) 2. Everything and EVERYONE under the system is rendered into little more than a direct commodity of the system. To quote Mr. Schwab of the World Economic Forum "You will own nothing, and you will be happy."
*"Valhalla Mr Beale" indeed*
Money, the game where even when you "win", you actually "lose". YOU ARE THE PRODUCT (of the collectively emergent shadow) SELF and (CONGRATULATIONS, THE SYSTEM SAYS YOU HAVE VALUE!) "In The Algos We Trust" Finally, all the Keynesian nonsense resolves to a balanced Zero sum game..... that is, a zero sum game of death (as all individualized independent thought and action dynamics are literally eliminated and killed off and converted into essentially a centrally controlled "Hive Mind".... Star Treks "Borg" comes to mind). Capitalism reaches it's final stage monopoly, in doing so it realizes both the Corp State driven dream of Mussolini's Fascism, Hitler's National Socialism, AND (Marx/Engles) dream of Communism. All said things were little more than the same "monetary economics" and as such all carried the same "monetary economics" end place dressed in different clothes for different audiences for purposes of #AreYouNotEntertained (Please click subscribe, like, and stay engaged)
Again, Google and Apple themselves covered this (to little public fan fare) in the public open a couple years ago now and for whatever disagreements I may hold with such institutions, I commend them on their public clarity of statement. archive.org/details/GooglesThe…
There's an (educational) game called Paper Clips.... it's a rather witty and fun expose on the workings of "monetary economics", I HIGHLY recommend checking out. I'll give a spoiler though on that one doesn't win the game until not just everyone, but literally everything, has been turned into a commodity. decisionproblem.com/paperclips…
#BeExcellentToEachOther (because might as well) #MoneyIsDead (Pandora's Box was opened and RoboCthulhu will devour all in it's path!) and #OllieCthulu (because RoboCthulhu gives ZERO fuks who or what's in it's way and there's no more getting rid of RoboCthulhu then there is getting rid of your own shadow.... so just see and recognize Cthulhu, ollie Cthulhu, but probably no need to stress trying to overly engage Cthulhu in a fight because such is just an exercise in futility)
I think you are overly-complicating things. 😛 - My definition of trade is quite easy to grasp I'd say, as explained above. We also have a book explaining the "birth of trade" - see it here tromsite.com/books/#flipbook-d… - and another one all about trade, here tromsite.com/books/#flipbook-d… ;)
I appreciate your engagement, but I think you re taking the definition of trade to the stars and back, and that's not what we are talking about. 😀
@TROM for as lengthy as my comment may have been; lets just say 1400 some odd pages is a whole other bracket of digestion. *he he* So, while started on the first book (which seems a considerably quicker tear through then the page number make it look), may be a bit before I'm in any position to question or offer any real thought on what's covered.
Such said, I will question (again) what exactly you mean with this word "trade". As not only did your first citation on what "trade" was state that bartering AND gifting (among else) are in fact "trade", but the first book early on seems to fluctuate between referencing "trade" as something that extends beyond the bounds of mere centrally controlled methods as applied to a mass (i.e. "money") but then at times equates it to only centrally controlled means.
"To say that the act of trade began at one point in time is very unrealistic, as people have likely exchanged goods and services for millennia. You have sheep and I can take care of them, then you can give me some sheep meat, or fur, for my service. You have cows and I make clothes, so I get some milk and you get some shoes. You get the point. It’s important to mention though that the notion of property varied greatly from one cluster of people to the next. While we can’t exactly pinpoint any specific one, there were many tribes who never thought of the land or animals that they farmed as theirs, but more as them simply being there, and being farmed, and all tribes enjoyed the advantages. If you were to ask them who owns the sheep, for example, they would not be able to understand the question."
So o.k., right with you so far.... people have been exchanging since always (or at least specifically "millennia" as it's stated) and we're basically consistent with the whole notion of the conservative "law" (perhaps more like "theory") of energy so far.
But then right after that this is said: "When american settlers got ‘bossy’ with indigenous indians and were attempting to take their land, they were confused as to the borders of the indian land, because the indians just grew their vegetables in open spaces, or farmed in open spaces, not regarding the land as theirs or anyone else’s. There are also people who some call ‘nomads’, who travel all the time, never settling in one place. They view Earth as belonging to no one -it’s just thereand they take advantage of it to feed, clothe, and protect themselves. Even today, there are tribes where the notion of property is foreign to them, and trade (if it exist) is unrecognizable. So keep that in mind, as ‘trade’ is not a ‘naturally’ occurring thing that applies to all clusters of people (cultures)."
Notice how it's stated that seems "trade" has always (or at least for milu) been around AND how there's not only means of it other than centrally controlled abstracts (i.e. "money"), but that concepts of "property" need not even necessarily apply? Yet then it's equally equated to the issues that evolved out of centrally controlled mass exchange methods.
In any case, I'm still reading.... but will note that while "currencies" are one thing, over the course of my own studies into economics and monetary theory one thing I found (which is noted in the book) is that: 1. Currency itself often wasn't and isn't centrally controlled and nor does it inherently carry an intent that "this is basis of all exchange" 2. "Money", which is a specific type of currency that is always centrally controlled, far as I've been able to trace back hits out of Sumeria. It wasn't cash or coin as known, but it was assuredly "money". The earliest known coin form I was able to trace back stems back to Tyre (Greco-Roman Empire); earliest known paper cash some time later out of Asia/China. Something that may be found of interest is the earliest mention of "kings" and basically central control/orchestrated "civilization" I know of hits back to Sumeria and even "The Bible" that Rome would eventually come to flaunt features an Abraham that, among else, is clear on originally hailing out of Sumeria (Genesis 24). I note this mostly just to raise the question of if it's at all surprising that a place rooted in centralized control and basically "divine right" would hold (from what I could make out) the oldest historical reference to "money" (a centrally controlled abstract as applied to a mass for energy exchange) and even "law" (complete with arguing lawyers) as among the things it carried in implemented working?
Such said, just thought I'd note that for now, but otherwise I'm taking the bait and at least reading the entirety of the first work before commenting or questioning any further with a continued suggestion that just for better conveying intent and meaning, just might want to consider that you may not want to hold to so ardently using the word "trade".
Thanks for taking a look at our books. But always keep in mind that if you want to put the microscope on any word, it will quickly lose any sense of reality. This is why we need context. And our context seems very simple: trade is the exchange of goods/services. Like we see today in so many different forms. I explained a lot in the comment section here and a lot more in the books mentioned. If you want, we could have a live discussion about "what is trade" in a special tromcast. If you can join and would want to do that let us know and we can schedule one. To have a friendly discussion about this notion. Could be useful for others to participate too and/or to listen.
I guess I'd specify that all it takes for crypto is a reset/glitch .. the paper money will still hold it's value for a little while, until there's no toilet paper, then it will be more valuable;)
money is on a track to take care of itself in fairly short order and it's been well past the point of comically overt in that regard for years now. The global politics connected to it rendered little more than a #AreYouNotEntertained comedy show of ego and narcissism in the process. Fewer than 10 companies making up over 40% of an S&P 500 "free market", Market Flash Crashes of 666, and a Tweeter n Chief that grabs pussy descended of a Mary Christ (seriously, the Trump dynasty gets kicked off by one Mary Christ), and a Musk character that carries on about how one can tell that a sports car really was sent to mars because "You can tell it's real because it looks so fake".... I mean 'cmon. Mel Brooks and Monty Python combined couldn't come up with scripts so absurd. It'd be nice not to have to live on the same stage as the absurd comedy wraps up it's centuries long season of OBEY, but it's more so the ethics that remain post the money turbulence that I really ponder..... not sure quite what to make of that one at current, not sure much of anyone does; but it'd be nice to start getting on with it over continuing on in the shadow of the zombie corp nation state valley of death.
Yes, all currency (or most) creation is based on some sort of energy use. But the idiocracy of such cryptocurrencies is that they rely entirely on that. Since they rely on computer power. Plus, they are seen as a "new" thing that is different from money. How is it different from money?
They aren't different from "money", however, they have "evolved" (if one might say that) "money" to acting more in the form of a Hidden Google of sorts.
"Old Money" necessitated more human interaction.... be that central bankers or what have you. "New Money" is more prone to just allow anyone to be their own central bank and even currency exchange. It's like Google allowing (just about) anyone to create their own YouTube channel..... the player gets the "feeling" of liberty, choice, and control, even though ultimately it's Google calling all the shots on how the material they're given is handled. The advent of skript kiddies and "A.I." turned the monetary game into something more reflective of the Google->Youtube->User model..... Personally, I refer to it as "In The Algos We Trust" (never mind "God")
One thing I find highly interesting about the "In The Algos We Trust" model is that at it's worst, it just results in a something like a collectively emergent "shadow self" and reflection. There's such huge swaths of data involved that one has to get "A.I." (or something equally capable) crunching on the numbers just to even hope to make meaningful relevance of what's going on. So huge swaths of everything from Behavioral Analytics of individuals to Protein folding on to money itself, this persistent trust is placed into the Algo to make relevance of the data, present the data, and even act on the data in a sensible and meaningful way. Doesn't matter if one is dealing with Facebook, Wallstreet, Cryptocurrencies, or the administrators of China, all of them ultimately are caught in a stream of "What'd the Algo say the values were?" But it's not just Enterprise, it's also the general public that is actively involved in not only creating the A.I., but makes personal choice to pay attention to any given "value" set it offers. The collective consensus comes from the collective moral ethic.
Personally, I welcome the high tech calculator automated entourage, what I don't welcome is worshiping it as a God.... that is to say, doing things like looking towards it for moral and ethical value and guidance.
But eh, the Pandora's Box of A.I. was opened, let loose on the money, and that's that. There's no putting "RoboCthulhu" back in the box. So money is dead, LONG LIVE ROBOCTHULHU! (not that RoboCthulhu is "alive" exactly)
Why this isn't discussed more openly when it's actions are publicly overt and have been so for years I have no idea. #AreYouNotEntertained I guess. Whatever the case, not exactly a fan of the G-Men, but they did well in just pretty blatantly and overtly telling the public, "WE ARE HERE!" when they (and Apple) rolled out "The Selfish Ledger" video.
But google and apple are far from alone.....
As the money was ran into complete absurdity so was the global politics that adhered to it. Just about anywhere one looks in the world connected to "monetary" value the joke just dances around to be seen at this point. Trillions of trades per second going on due to HFT (aka "A.I."), there's not a person around that can sort that all out, but eh, the algos say a BitCoin that takes over an hour and a half to even complete an exchange is worth $40,000 and "In The Algos We Trust" (again, comedy show, any money that takes an hour and half just so a transaction can complete is so utterly broke it's laughable.... just because it's broke don't mean it's not flush in cash. It's a comedy script.... a Killing Joke)
But one may argue the gov doesn't really control money at all. Big corporations do. They buy and sell, and own and employ, a lot more than any gov. Plus, companies and rich people lobby gov so much it has become a ridiculous show. So the laws you see in regards to money (and not only) + the flow of money, influence, power and the value of money, is almost entirely (if not entirely) driven by the big money players. Isn't it? And the same happens with bitcoin or pretty much any other currency, where big players control the game.
Renewable energies and electric cars won't change our world by much. Maybe will not change it at all.
Think about this:
Imagine all boats in the world were motor-boats. Now someone comes along and has this brilliant idea of making boats that can "sail". He says "we can put these sails, big ones, on the boats, and let the wind push the boat." He the proceeds with detailing the process and how we can scale it up. "Brilliant!" the masses are screaming! And so a billionaire named Ksum Sozeb invests billions of dollars to make sailing boats, claiming that this will change the face of sea transportation. "No more water and air pollution! No more pollution in the manufacturing of motors! Free energy from the wind!" he says.
People like him and his tweets. He starts the production and soon we start to see more and more sail boats, and less motor boats. Amazing!
He manages to replace most of the motor boats with sail boats. Now we are saved! Or not...
In today's society, not in the imaginary story-world, this is probably the case. Many, if not most boats are sail boats. And yet this does not stop the extreme pollution, slavery and aggressive marketing meant to give birth to infinite consumption, of sail boats. Millions of sailboats are not used, lots are wasted, and the process of manufacturing them, disposing them, maintaining them, is immense.
In this trade-based society if you make sail boats you have to keep on making them. If you stop, you are fucked. You will lose. This alone should be the "aha...yeah" moment that would make us realize nothing is sustainable in today's trade-based society.
And so, if all cars will be electric by tomorrow, nothing of essence will be solved. The manufacturing and distribution of these cars and their parts (plastic, batteries, metal, rare earth elements, and so forth) is still extremely polluting and enslaves armies of young and old people.
Musk and others will have to keep on producing these electric cars at infinitum. And since they compete with others, they will be forced to find the shortest path to profit, and this leaves behind a lot of bad things such as slavery, corruption, waste, lies, etc.. If Musk, or others wanted to help humanity transport from one place to another, in a sustainable fashion, then he and others would invest in public transportation in a non-profit way. Simple! But they do not want that. They want to make profits. Simple!
And renewable energies are a good idea in theory, but insufficient and inefficient in today's trade-based society where it will be used to produce more shit, more waste, more slaves, more nonsense.
Unless we change the game of trade into a game of no-trade, then we cannot fix anything of essence. #tromimg
Where "E"=("E"conomics / "E"nergy "E"xchange) is a an emergent subset of "M"=("M"orality). "P"=("P"olitics) is an emergent subset of "E"(conomics). And "(p)"[otential]"W"(ar) is an emergent subset of "P"(olitics)
So long as the base "morality"/"ethics" is "destructive" (it seeks elimination of creative "dynamic"), the ultimate emergent form of "E"(conomics aka "Energy Exchange") is itself going to be one that acts in the pursuit of "death" (that is to say, seeks towards stagnation and elimination of individual dynamics).
Any "profit" motive rooted in "I" scale in volume is going to ultimately seek to both consume AND control itself unto it's own end as it's root moral ethic is one rooted in a base function of maximizing the choice (aka "freedom"/"liberty") of a specific individual (entity) through achievement of nothing but a standing reflection of only that specified individual (entity). There's no achieving "freedom" when a root function is itself "ALL OBEY MY COMMAND".
Because our trade-free social network is so cool 😀 , we can now add posts into categories. And thus, we created a blog category here social.trom.tf/profile/trom/st… where you can see all of our TROM worthy, and brief, blogs. The section can be easily accessed via our main social network page social.trom.tf/profile/trom :
We highly recommend that you ditch Facebook/Twitter and the like, and come use our social.trom.tf social network (Friendica). You can connect with millions of people, follow pretty much anyone online, create long posts, add them to categories....there are no bans or restrictions, and so forth. See you there!
People are cheering how activism forced a multi-billion dollar project, meant to make profits and destroy the environment, to be canceled. It is great that activism can achieve, at times, such feats. It is also pointless overall. Unless we talk about what makes human beings just care about the profit (wink-wink: trade), then there is no sailing on this wind of activism. 1 such project can get canceled, after a 10 year battle, while in the meantime 10 more are probably planned. Or 100.
This a a photo with the Mexican army protecting turtle eggs' poaching:
While is nice that they are trying.....to think that this is the way forward is simply insane.
Point is, as long as we deal with the symptoms of this trade-based society, we will solve nothing. #tromimg
People in this society: This is such an amazing tool, a free Photoshop in the browser! Look: photopea.com/ - and so many comment and get excited about it and praise it.
People who understand how this trade-based society works: This software is not trade-free! You have to trade your currency (to unlock features), your freedom (accept their terms), your data (that they collect), your attention (because they inject ads).
This is how the understanding of trade cuts through the bullshit of this society where people pretend to provide "free" goods and services. Most do not. Be aware of that! #tromimg
This is the "united" states of America ytb.trom.tf/watch?v=RWVt_arzYo… where many people are homeless. They are many things-less. Healthcare-less. Family-less. Respect-less. Food-less. Comfort-less. Security-less. And so forth. The "united" states of America spends a ton of their resources/energy on their military power, meant to kill others. Also, it produces a lot of so-called "billionaires", humans who have so much money that is impossible to imagine.
It is not like USA cares about its citizens. Or being a citizen means much. It is a crazy world of trade, where everyone wants more for themselves. The game makes us like that. We should, all of us on this planet, have by now at least the basic needs of all humans met, trade-free. Like a "default" thing once you are part of the human race. The fact that we don't even have that, says a lot about our trade-based society. #tromlive
In California, more than 151,000 people are experiencing homelessness and in Los Angeles County alone, almost 66,000 people are homeless. For those that are ...
Wiesbaden (ots) - Mit der am 09. Juni 2021 verkündeten Änderung des Bundeswahlgesetzes wurde die Zahl der für Landeslisten und Kreiswahlvorschläge erforderlichen...
Plastic pollution is one of the many problems created by this trade-based society. It is an enormous issue, alongside climate change, waste, air pollution, loss of biodiversity, human slavery, environmental destruction, inequality, and so forth.
Here's how simple it is to understand how these problems are created:
1. Human beings reflect their upbringing (the environment they grow in).
From the way they walk and talk, to what they like or hate, these are values humans pick from their environment.
2. Our environment is based on trade. Jobs, currency, the many products created, supermarkets, online premium accounts, data collection, ads, social credits, and so forth. It is a "give this to me, to give that to you" society.
This trade society gives rise to an endless circle of creating as many things as possible and selling them to others. A circle of extreme and infinite consumption that makes people only chase their own gains (profits).
So then you end up with a bunch of idiot consumers whose minds are filled with ads and "how and what to trade".
And they will create a pile of destruction in their way.
That eventually will trash their lives and this planet.
------------
Unless we understand this, nothing will change. We have to move away from a trade-based society. How about starting to provide trade-free goods/services to people? How about starting with their basic needs? This is a discussion that is not happening anywhere. So we need to be vocal about it. #tromimg
Now we know - we have 24h of recordings for TROM II. In total. Insane! All are added and synced in one massive Kdenlive project. These days I am starting the editing for it. Been waiting for this for months now. We have a ton of great content there. Let's see we may end up with a 20h documentary, divided into parts of course. And on top of this I will prepare a shorter one, around 2h or less. Will keep everyone updated, as always, on social.trom.tf/profile/trom or tromsite.com/live/ . #tromimg
Here's another awful example of how our trade-based society pushes clusters of people, under the religious name of "business" to destroy everything in their paths, just to trade this-for-that. ytb.alexio.tf/watch?v=ikneKQAe…
Deep in the Amazon Rainforest of Ecuador lies the "Amazon Chernobyl", a 1,700-square-mile environmental disaster brought on by oil extraction and production....
Recently human beings explored for the first time the 3rd deepest plate in the Ocean. Sounds good? Well, this is what the scientists described when they reached the bottom:
“The only unusual thing there was the garbage. There was a lot of garbage in the trench. There were a lot of plastics, a pair of pants, a shirt, a teddy bear, packaging and a lot of plastic bags. Even me, I did not expect that, and I do research on plastics,”
and
“There was one funny scene when we were exploring the area. There was one white material floating around. I was saying ‘Victor, that’s a jellyfish’. We went there and approached and it was just plastic.
Imagine that! Humans go to the 3rd deepest place on Earth, a place not explored by humans, and find a teddy bear, a pair of pants, a shirt, and a lot of plastic. This is very telling of our trade-based society. People are transformed into merchants and consumers, and they do not care about anything else. Their trash is not their responsibility. And accusing individual humans or clusters of (companies or governments) is the easiest and most inefficient way (and 100% wrong) of trying to solve anything. It is no one's fault. It is this trade-based society that makes us all like that. Unless we change that, we change nothing.
And keep this in mind, climate change is one of the millions of severe problems this society confronts today, and will confront in the future. We can't just solve climate change, and end up with the same amount of problems on our hands. We have to change this society. Period.
Welcome to Prison Earth. If you’re a very well-behaved inmate, you might not even realize that you’re locked up. If you never try to step outside, if you never question the guards or the other prisoners, and you do as they all do- work, work, work- slave your life away, and take “vacations” only when they let you, for as long as they let you- you might never even question the prison. You might be numb to it, quietly existing, working in the system, perhaps drinking or taking pills to cope with the lack of meaning in your imprisoned life.
I hope you’re not like that. I hope you question, and take a step outside, at least with your own mind.
Guess what? We finished the recordings for TROM II. Finally! Wow. We stay up until 4am to do them. Sasha was amazing and we got some really great footage from her interview. We may have some 20h of recordings so this these next months we will work on making sense of these all, and create the sequel to TROM documentary. It will be tough - very much so. We keep everyone updated with the progress on our website at tromsite.com/live/ or our social network at social.trom.tf/profile/trom #tromimg
Another night, another excellent recording with @Sasha - great great job! We plan to finish the recordings tomorrow ;). @Aaron is also here to help out with the recordings 😀. #tromimg
We recorded Sasha today. Really great recording. Everything went so great, so smooth. This first part was all about her life story. Tomorrow we will record about the state of our society. Sasha prepared a lot. She read through a lot of UN reports and such, so that what she will present will be as factual as possible. All of the facts we will present in TROM II will be sourced, of course. Directly on the video and in the description. #tromimg
This video is about the ridiculousness of our trade-based society. There are so many empty apartments that are used for only a short period of time or not at all, because it is profitable to do so.
You can read our book "Empty homes for nobody" for a more detailed presentation of this situation: tromsite.com/books/#flipbook-d…
This video is about the ridiculousness of our trade-based society. There are so many empty appartments that are used for only a short period of time or not at all, because it is profitable to do so.
We've changed the donation page. It is more simple now and to the point. You can also see exactly how much money we still have tromsite.com/donate/ - which is not much at all considering we have to pay rent, bills, food, servers and all that. #tromlive
We updated Invidious ytb.trom.tf/ and this time we won't do many of the visual changes, so that Invidious works well on small screens too. Plus, invidious is like nitter or bibliogram, a way to access these big companies without trading to them. We put more effort into Peertube, Friendica, Nextcloud and the like that are alternative tools to these big companies, rather than a skin. #tromlive
Cryptocurrencies are as pointless, destructive, and nonsensical as any other currency (say money), social credits, direct trades, tokens and so forth. All are representations of trade. And trade is the source of most problems. Proof here tromsite.com/books/#flipbook-d… #tromimg
We did our last (almost) recording with @Aaron ! Another really great one. It is the last one basically - we only have to record him reading some stuff for a few minutes. But yah, basically it is done. Aaron understands this TROM project so well and he is his own sailing vessel. #tromimg
We finished the first recordings with @Aaron for TROM II, and he nailed it! Super great job. You can tell he is very comfortable now in front of camera. Super great job! Tomorrow we will record more! #tromimg
Maybe instead of inviting everyone with open arms we ought to ask ourselves what makes them want to leave their home country, like maybe bombing the shit out of it, and correct that?
Recording with @Georgi done! Very good job Georgi! It was a very new thing for Georgi - she is not used to being filmed and to talk about such subjects. She perfectly understands all that we talk about at TROM, and despite being the first time she had to do this, she managed it very well. We have 2 more series of interviews now ;). #tromimg
We want to release a trade-free alternative to Unsplash, videoblocks and the like. A huge gallery of free to use videos and photos. We have tested it and so far so great, but for now it will be invitation-only so if there is any of you out there who is passionate about taking photos or making videos, please tell us so we can give you access. All that we will upload there will be free to use for any purposes: trade-free in other words. So, there is your chance to make things just a little better in this world, by taking interesting photos and adding them to our Trade-Free Media directory ;). #tromlive
Ladies and gents, we are releasing yet another service for our trom.tf! A real and quite complete trade-free alternative to Google Docs office.trom.tf/ - read more about it here trom.tf/office/ . Create documents in seconds + kaban + polls + whiteboards. You don't even need an account, unless you want to save your work for more than 3 months. Everything is fully encrypted. Share, comment, work collaboratively. Take advantage of it! #tromlive #tromimg
Introducing a new amazing category to our tromnews: PHOTOS tromnews.com/photos/ - amazing nature photos from all round the world. Let your eyes have sex with the screen 😀 #tromlive
We did the recording with @Dima today! Very good one! Some 2h long. Tomorrow we will do a much shorter one - not much left to record ;). All great! TROM II is back-on-track! #tromimg #tromlive #trom2
Rokosun
in reply to TROM • • •I think most people are leaning towards crypto currencies because of privacy reasons, and I get that. But I'm disappointed to see no one talking about its environmental effects.
I like everything to be as resource efficient as it gets, its almost like an obsession for me. And there's nothing that hurts me more than seeing humans waste their energy like this.
Imagine humans becoming a type 1 civilization & using that energy for mining crypto currencies, things that have no physical value.
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LPS
in reply to Rokosun • • •@trom
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Rokosun
in reply to LPS • • •Yeah, even though many of these things are private in theory, it doesn't mean it'll be like that in practice. Overall, I think making a currency private is easier said than done.
I'm always is support of privacy and decentralization. But when it comes to crypto currencies, I just don't think its worth the effort. We're getting privacy at the expense of these environmental issues, and that too is only private in theory. Clearly, the consequences outweigh the benifits here.
@trom
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TROM
in reply to Rokosun • • •Alexio likes this.
Rokosun
in reply to TROM • • •This is what I initially said, most people are moving to crypto currencies for privacy reasons. They're not trying to remove the incentive behind currency or its destructive power. Maybe they don't understand the problem like we do, or maybe they don't care.
Either way, I wanted to speak from their perspective. Even though we say trade is the cause of most problems, we're not even close to ending trade. For now, I think its good to talk about environmental issues & reduce harm
@lps
Alien (A23P)
in reply to TROM • • •From the context, when you say "trade" here I take it you mean something other than "energy exchange"...
Otherwise it brings to question, how is "trade" different than "energy exchange"?
Would note again, "money" is ALWAYS a centrally controlled abstract as applied to mass for purposes of "energy exchange". Doesn't really matter if that central control is the BIS (Bank of International Settlements), "A.I.", or A-liens from the planet fuk me that come in yoga pants, bearing lattes and snakes, and when asked to leave reply "Namaste". Without that central control MONETARY "economic" (aka "energy exchange") mechanisms, such as "Price Discovery" for example, simply can't happen.
Absolutely agree with you that Cryptocurrencies do not in anyway stray from the monetary model, they are MONEY. So while there may be a form that appears on the surface as if there's all sorts of decentralized "free actors" in the space, it's ultimately no more decentralized than people creating their own YouTube channels or pointing out that they have over 400 channels to choose from on their TV and then acting like that means there's no longer only 6 some odd companies facilitating and servicing every single bit of what they just claimed was highly decentralized. In fact, since 2010-11, the crypto space has shown itself from multiple angles to stand as HIGHLY centralized and concentrated at it's root. (i.e. last I knew it was less than 1% of bitcoin wallets holding over 40% of the total BTC volume; which by itself creates a highly manipulable economic state over the mass)
But you don't seem to be discussing specifically MONETARY Economics (as you stress that you aren't), but just economics (aka "energy exchange") itself if I understand your application of the word "trade" here correctly.
If "energy exchange" itself, that is to say TRADES OF ENERGY is not to occur, how is something as basic as a stream running from one destination to another, subsequently facilitating grass growing, that subsequently facilitates the raising of food, which then allows one to cook a meal and share it with their family even supposed to occur?
The water would need to be stopped (as it's making energy trade exchanges with the grass), the raising of food related to the energy trade exchanges with the soil would need to stop, cooking again would entail energy exchanges as would the sharing of the food so those couldn't happen, just all energy trade exchanges, all economics, would need to stop. The mere act of burning calories couldn't even take place, as again, burning calories is a process of energy trade exchange.
Anyhow, just not sure what you specifically are meaning when you say "trade"....
please elaborate.
@Future is FOSS
The "S" in "IoT" stands for "Security".
Considering where things stood back in 2011 in mainstream block-crypto practices to where they are now, one would think the block-crypto sphere had elected on a path of "Who needs security anyway?"
Exchanges soaking up IDs, a near total indifference to overt market manipulations topped with FOMO rushes abounding, near total indifference to existing chipset issues (ala Intel ME and AMD PSP), the list goes on and on. Could it be worse?
Sure, it could be worse, and in fact it's arguably done nothing but continue to exceed itself, specifically in areas that strip individual security (notably in regards to a "powerful adversary"), over the past decade.
Security is such a non-issue that much like Microsoft's handling of Windows 8/Server 2012 on, one might presume of the absurd state of "SecurityLACK":
"its not a bug, ITS A FEATURE!"
(much of this period of history may later be reflected back on as the "WHAT WERE THEY THINKING!?" era)
Such said, when there's more empty homes then there are homeless people (such as in the U.S.) there's something deeper than just "money" or "energy misallocation" issues occurring. There's (IMO) a rather overt collectively emergent Moral Ethic issue. The "money" itself is simply a symptom of the state of said Moral Ethic issue. At it's very least, the "money" simply shows that the collectively emergent Moral Ethic has a standing consensus of and for "slave economics". That is to say, it places the judgement of some sort of "I" (which need not be a person, but simply a central entity) possessing an absolute "right" understanding of "value" over all others and subsequently for any economics (energy exchange) to take place it's congregant mass must OBEY and adhere to it's "value" set limits.
So if the collective Moral Ethic is one of Master/Deity to Slave, the larger economics is going to be a reflective manifestation of that order. Arguably akin to a "death cult" in as much that the central command increasingly seeks nothing but a total reflection of it's own self with no other dynamics as it "scales up". OBEY MY COMMAND
M:E E:P P:(p)W
"E"conomics is an emergent subset of "M"orality/Ethics,
"P"olitics (the deliberations in or of an existing "E"conomic state) is an emergent subset of "E"conomics,
"(p)"otential for "W"ar (failure of politics to amicably and peaceably resolve) is an emergent subset of "P"olitics.
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TROM
in reply to Alien (A23P) • • •By trade I mean this en.wikipedia.org/wiki/Trade - it is inside of a context, that of the human world invented fantasy called "economic". I am deeply confused by what you are saying with "energy exchange". It is simply the economy we face today. In this worldwide society, if you want food, you need to give something in return. You can't just grab some food and eat. In most places you give yourself (like your skills, time, energy) and do something for someone else (carry stuff, punch some numbers in a computer, whatever). We call these "jobs". And we represent these trades between you who wants food, and the others who want you, with a currency. Today is mainly money. You then take this money and trade it for food to someone else. That's how this system works.
If you look more broadly you find multiple such trading systems in our society. For example youtube wants your attention (watch those ads!) because they can convert them later on into something else, like say money that then they convert into cars and houses and whatever. Others trade their computer power to "mine" bitcoin or other currencies, and in return they get some currency that then can be used to purchase real things. In the end these people do not trade for currency, but for what the currency can bring to them. You can't eat bitcoin or do anything with it. It is only relevant when you can do something useful with it, like accessing goods/services. Get a burger or a blowjob 😁.
Other forms of trades are between you and your tribe. Your tribe may say: "You want food? Then respect our laws and give us as much info about you as possible. And if we think you are worthy, we give you food." These are called "social programs". You trade your freedom/(¡dignity and such, in order to get food, or whatever.
So I am not, of course, talking in an abstract way about trade, but about our society specifically. Makes more sense now?
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Alien (A23P)
in reply to TROM • • •As this comment is lengthy, I'll offer first this concise version of what it covers and deals with (more thorough statement beginning at "LONG FORM COMMENT" below):
1. Why I equated "Economics" to both "Energy Exchange" AND "Trade" as synonymous terms
2. What I meant by "Energy" (and might as well call EVERYTHING "energy")
3. Nothing you're saying makes sense to me about "Trade" in and of itself and even your own citation of what "trade" is professed that what you were saying only made sense within the limited subset of possible "Trade" forms that are of a centrally controlled trade nature (of which "money" just happens to be a subset of). In the context of EXCLUDING economics like "bartering", "gifting", "agorism", etc. yes, I totally see what you're talking about and agree such systems are "Slave Economics" by the very nature of their Central Control and Command being applied to a congregant obeying mass that is denied the ability of setting and/or carrying any meaningful "value" set of their own.
Apologize for the length, but eh, such can often be the natural result of real inquiry and discussion.
Can't say I have any real disagreement or issue with anything you've thus far stated other than semantics and a suggestion that you might want to reconsider how you're defining "trade" and "economics" simply to avoid what you mean falling into contradictions with itself when one approaches "economic theory" or it's subset of "monetary theory".
Discussions of this sort are important and I HIGHLY commend your (and the TROM teams) work. I certainly don't have all the answers and I'm really not sure there's any real "freedom" EVER possible from ANY central entity that claims to. However, without discussions like these beginning to take place, truly addressing the issues inherent to "Where are we?", "How did we get here?", and "What might we do moving forward?" aren't likely to be addressed or acted on in any meaningful way.
As the old saying goes.....
"Free your mind and your ass will follow"
-Parliament Funkadelic
LONG FORM COMMENT:
From your own offered definition:
"Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market."
and
"An early form of trade, the Gift economy, saw the exchange of goods and services without an explicit agreement for immediate or future rewards. A gift economy involves trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later of credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade."
First, notice that your own citation notes that "Trade" is a "Superset" of "money". That is to say, "money"/"monetary economics" ALWAYS holds an emergent relation to trade but trade IS NOT emergent from or always in relation to "money". As per your own citations claim:
"Modern traders generally [BUT NOT ALWAYS] negotiate through a medium of exchange, such as money [MONEY BEING BUT ONE POSSIBLE MEDIUM OF TRADE]
and "traders generally negotiate through a medium of exchange [THIS IS ONLY GENERALLY], such as money [AGAIN, MONEY IS ONLY ONE POSSIBLE MEDIUM OF MEDIUMS]. As a result, buying can be separated from selling, or earning [THE ACTUAL REAL/TRUE ECONOMIC OCCURRENCE IS NEGOTIATED THROUGH ABSTRACTION, AN ACT OF PURE IMAGINATION]. The invention of money (and later of credit, paper money and non-physical money) greatly simplified and promoted trade. [SIMPLIFIED IN AS MUCH THAT "VALUE" IS ESTABLISHED VIA A CENTRAL ENTITY AS OPPOSED TO MULTIPLE ENTITIES; ENABLING A REFEREE/JUDGE FOR MORE STREAMLINED "PRICE DISCOVERY"]
*Bracketed items being editorial notes originating from myself as opposed to the original citation*
Moving on, take heed that per the standard physics model both a "good" itself as well as a "service" are inherently imbued with and constituted of "energy" as given by the Planck Constant.
"a fundamental physical constant denoted h, and is of fundamental importance in quantum mechanics. A photon's energy is equal to its frequency multiplied by the Planck constant. Due to mass–energy equivalence, the Planck constant also relates mass to frequency."
Going even more explicitly into the details of things, we then have "Energy"
en.wikipedia.org/wiki/Energy
"energy is the quantitative property that must be transferred to a body or physical system to perform work on the body, or to heat it. Energy is a conserved quantity; the law of conservation of energy states that energy can be converted in form, but not created or destroyed." [NOTE THAT SUCH MEANS THAT IN MORE TRUE/NON-ABSTRACTED ECONOMICS THIS MEANS SOMETHING MUCH CLOSER TO MULTILATERAL EXCHANGE ALWAYS UNDERLIES THE TRUTH OF ANY ABSTRACTED ECONOMICS.... THINGS ALWAYS SUM TO ZERO!]
So this is why I noted "money" as always being a centrally controlled abstract as applied to a mass for "energy exchange" (aka "economics"). The "money" is simply a "debt instrument" used for establishing that some "value" of "energy" is owed/obligated to the holder of "money".
For Nation State "money", the "Boss Level" as it were, became the central bank(s). The Central Bank of Central Banks, "The Boss" of the "Boss Level" being the BIS (Bank of International Settlements). Below the BIS is then the World Bank and IMF. Below the World Bank and IMF are then what people popularly think of when they hear the words "central bank", that being things like the U.S. Federal Reserve, the UK Bank of England, Japan's Bank of Japan, China's People's Bank Of China, etc. Finally one reaches the level of things like the "Member Bank(s)", which is the level at which the general public starts interacting with the CENTRALLY CONTROLLED system. These are banks like Bank Of America, Wells Fargo, BBVA (now PNC). Note that in light of all surface level appearances of "decentralization", the system itself does centralize; the appearance of "decentralization" being born of a result of mistaking different divisions of the same network as being unique and totally independent of each other when that simply NEVER was the case.
Of note, the BIS resides in Basel, Switzerland. There's the old saying of "Be like the Swiss" with underlying comment to how Switzerland was "neutral" in World War II. It's pretty easy to remain neutral when one is "The Boss (level)", 😉
As fore-noted, in lieu of the advent of HFT (High Frequency Trading) and the like, "value" management was (basically) handed over to "A.I.".
If anything, the only roll left to the CBs (Central Banks) is one of providing "liquidity" to and for the "A.I." Such "liquidity" is made manifest through acts like "Quantitative Easing" (aka "Q.E."), which in a simple, just means "Creating new money out of thin air".
The CBs have then (made clear) that they are, for whatever reason, removing themselves from the system and basically turning over their role as a facilitator of Liquidity to the general mass. Which, in a simple, is opened up by allowing just about any and all to both
1. create money
djangostars.com/blog/how-to-bu…
AND
2. Removing the human entity from (virtually) having anything to do with monetary management and exchange rates.
fsf.org/bulletin/2020/fall/fre…
As this process completes, the CBs have been rather blunt and clear, as per the Fed Chairman Jerome Powell last april...
"I'm in a position to guarantee that the Fed will do everything we can to support the economy for as long as it takes to complete the recovery."
*full interview here: cbsnews.com/news/60-minutes-je… *
A sneaky way of basically saying "QE! QE FOREVER!" as that's literally about the only tool left in the CB bucket to "support the [monetary] economy". As any cessation of QE has been shown to both clearly and drastically manifest as (monetary) market shocks and downturns. Never mind "Melt Down", the (monetary) market "Melts Up" (destroying itself in the process).
In an absurd world, sometimes the largest truths are easily mistaken for comedy. Such said, President's Camacho's speech on modern economics is single handily one of the most clear and direct commentaries I've ever heard or seen.....
*amended video of Camacho to help illustrate the TRUTH that underlays what may at first appear mere comedy. Take heed to the recent trillions (and a trillion means a million billion) injected into markets, the eviction stays (aka "rent forgiveness"), the government sending out of "free" money to both businesses and to lesser extent general citizens, and of course the advent of public "get rich quick" through things like the "Robin Hood" app platform and of course cryptocurrencies falling from the sky. Then ask yourself if what's being delivered by Camacho really comedy, or is it just that the truth itself really is that absurd.*
Enter the PO(o)R [aka "Proof Of Resource"], the increased implementation of physically monitored human actions [ala physical action tangible "service" as opposed to a "good"] as mining mechanisms as opposed to the POW (Proof Of Work) method of resolving hashes (for more detail see Microsoft Patent WO2020060606), and similar related derivatives such as "Real Asset NFTs".
It's ALL not only "Energy Exchange" management (the "banks" simply guiding the "currency"; perhaps better said as "current see"), but more specifically CENTRALLY CONTROLLED "Energy Exchange". As fore noted, "Economics" being at it's root nothing more than "Energy Exchange".
The old (monetary) system abstraction is updated and simplified via
1. Automated Management ("A.I."; derived from the collectively emergent moral ethic)
2. Everything and EVERYONE under the system is rendered into little more than a direct commodity of the system. To quote Mr. Schwab of the World Economic Forum "You will own nothing, and you will be happy."
*"Valhalla Mr Beale" indeed*
Money, the game where even when you "win", you actually "lose".
YOU ARE THE PRODUCT (of the collectively emergent shadow) SELF
and
(CONGRATULATIONS, THE SYSTEM SAYS YOU HAVE VALUE!)
"In The Algos We Trust"
Finally, all the Keynesian nonsense resolves to a balanced Zero sum game.....
that is, a zero sum game of death (as all individualized independent thought and action dynamics are literally eliminated and killed off and converted into essentially a centrally controlled "Hive Mind".... Star Treks "Borg" comes to mind).
Capitalism reaches it's final stage monopoly, in doing so it realizes both the Corp State driven dream of Mussolini's Fascism, Hitler's National Socialism, AND (Marx/Engles) dream of Communism. All said things were little more than the same "monetary economics" and as such all carried the same "monetary economics" end place dressed in different clothes for different audiences for purposes of #AreYouNotEntertained (Please click subscribe, like, and stay engaged)
Again, Google and Apple themselves covered this (to little public fan fare) in the public open a couple years ago now and for whatever disagreements I may hold with such institutions, I commend them on their public clarity of statement.
archive.org/details/GooglesThe…
There's an (educational) game called Paper Clips.... it's a rather witty and fun expose on the workings of "monetary economics", I HIGHLY recommend checking out. I'll give a spoiler though on that one doesn't win the game until not just everyone, but literally everything, has been turned into a commodity.
decisionproblem.com/paperclips…
#BeExcellentToEachOther (because might as well)
#MoneyIsDead (Pandora's Box was opened and RoboCthulhu will devour all in it's path!)
and #OllieCthulu (because RoboCthulhu gives ZERO fuks who or what's in it's way and there's no more getting rid of RoboCthulhu then there is getting rid of your own shadow.... so just see and recognize Cthulhu, ollie Cthulhu, but probably no need to stress trying to overly engage Cthulhu in a fight because such is just an exercise in futility)
TROM
in reply to Alien (A23P) • • •I think you are overly-complicating things. 😛 - My definition of trade is quite easy to grasp I'd say, as explained above. We also have a book explaining the "birth of trade" - see it here tromsite.com/books/#flipbook-d… - and another one all about trade, here tromsite.com/books/#flipbook-d… ;)
I appreciate your engagement, but I think you re taking the definition of trade to the stars and back, and that's not what we are talking about. 😀
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Alien (A23P)
in reply to TROM • • •@TROM
for as lengthy as my comment may have been; lets just say 1400 some odd pages is a whole other bracket of digestion. *he he* So, while started on the first book (which seems a considerably quicker tear through then the page number make it look), may be a bit before I'm in any position to question or offer any real thought on what's covered.
Such said, I will question (again) what exactly you mean with this word "trade".
As not only did your first citation on what "trade" was state that bartering AND gifting (among else) are in fact "trade", but the first book early on seems to fluctuate between referencing "trade" as something that extends beyond the bounds of mere centrally controlled methods as applied to a mass (i.e. "money") but then at times equates it to only centrally controlled means.
"To say that the act of trade began at one point in time is very unrealistic, as
people have likely exchanged goods and services for millennia. You have
sheep and I can take care of them, then you can give me some sheep meat, or
fur, for my service. You have cows and I make clothes, so I get some milk and
you get some shoes. You get the point. It’s important to mention though that
the notion of property varied greatly from one cluster of people to the next.
While we can’t exactly pinpoint any specific one, there were many tribes who
never thought of the land or animals that they farmed as theirs, but more as
them simply being there, and being farmed, and all tribes enjoyed the
advantages. If you were to ask them who owns the sheep, for example, they
would not be able to understand the question."
So o.k., right with you so far.... people have been exchanging since always (or at least specifically "millennia" as it's stated) and we're basically consistent with the whole notion of the conservative "law" (perhaps more like "theory") of energy so far.
But then right after that this is said:
"When american settlers got ‘bossy’ with indigenous indians and were
attempting to take their land, they were confused as to the borders of the
indian land, because the indians just grew their vegetables in open spaces,
or farmed in open spaces, not regarding the land as theirs or anyone else’s.
There are also people who some call ‘nomads’, who travel all the time, never
settling in one place. They view Earth as belonging to no one -it’s just thereand they take advantage of it to feed, clothe, and protect themselves. Even
today, there are tribes where the notion of property is foreign to them, and
trade (if it exist) is unrecognizable. So keep that in mind, as ‘trade’ is not a ‘naturally’ occurring thing that applies to all clusters of people (cultures)."
Notice how it's stated that seems "trade" has always (or at least for milu) been around AND how there's not only means of it other than centrally controlled abstracts (i.e. "money"), but that concepts of "property" need not even necessarily apply? Yet then it's equally equated to the issues that evolved out of centrally controlled mass exchange methods.
In any case, I'm still reading....
but will note that while "currencies" are one thing, over the course of my own studies into economics and monetary theory one thing I found (which is noted in the book) is that:
1. Currency itself often wasn't and isn't centrally controlled and nor does it inherently carry an intent that "this is basis of all exchange"
2. "Money", which is a specific type of currency that is always centrally controlled, far as I've been able to trace back hits out of Sumeria. It wasn't cash or coin as known, but it was assuredly "money". The earliest known coin form I was able to trace back stems back to Tyre (Greco-Roman Empire); earliest known paper cash some time later out of Asia/China. Something that may be found of interest is the earliest mention of "kings" and basically central control/orchestrated "civilization" I know of hits back to Sumeria and even "The Bible" that Rome would eventually come to flaunt features an Abraham that, among else, is clear on originally hailing out of Sumeria (Genesis 24). I note this mostly just to raise the question of if it's at all surprising that a place rooted in centralized control and basically "divine right" would hold (from what I could make out) the oldest historical reference to "money" (a centrally controlled abstract as applied to a mass for energy exchange) and even "law" (complete with arguing lawyers) as among the things it carried in implemented working?
Such said, just thought I'd note that for now, but otherwise I'm taking the bait and at least reading the entirety of the first work before commenting or questioning any further with a continued suggestion that just for better conveying intent and meaning, just might want to consider that you may not want to hold to so ardently using the word "trade".
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TROM
in reply to Alien (A23P) • • •Alexio likes this.
LPS
Unknown parent • • •Alien (A23P)
in reply to TROM • • •EMP SOUNDS GOOD TO ME!
4D MONEY!
😁
money is on a track to take care of itself in fairly short order and it's been well past the point of comically overt in that regard for years now. The global politics connected to it rendered little more than a #AreYouNotEntertained comedy show of ego and narcissism in the process. Fewer than 10 companies making up over 40% of an S&P 500 "free market", Market Flash Crashes of 666, and a Tweeter n Chief that grabs pussy descended of a Mary Christ (seriously, the Trump dynasty gets kicked off by one Mary Christ), and a Musk character that carries on about how one can tell that a sports car really was sent to mars because "You can tell it's real because it looks so fake".... I mean 'cmon. Mel Brooks and Monty Python combined couldn't come up with scripts so absurd.
It'd be nice not to have to live on the same stage as the absurd comedy wraps up it's centuries long season of OBEY, but it's more so the ethics that remain post the money turbulence that I really ponder..... not sure quite what to make of that one at current, not sure much of anyone does; but it'd be nice to start getting on with it over continuing on in the shadow of the zombie corp nation state valley of death.
TROM
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Alien (A23P)
in reply to TROM • • •They aren't different from "money", however, they have "evolved" (if one might say that) "money" to acting more in the form of a Hidden Google of sorts.
"Old Money" necessitated more human interaction.... be that central bankers or what have you. "New Money" is more prone to just allow anyone to be their own central bank and even currency exchange.
It's like Google allowing (just about) anyone to create their own YouTube channel..... the player gets the "feeling" of liberty, choice, and control, even though ultimately it's Google calling all the shots on how the material they're given is handled. The advent of skript kiddies and "A.I." turned the monetary game into something more reflective of the Google->Youtube->User model.....
Personally, I refer to it as "In The Algos We Trust" (never mind "God")
One thing I find highly interesting about the "In The Algos We Trust" model is that at it's worst, it just results in a something like a collectively emergent "shadow self" and reflection. There's such huge swaths of data involved that one has to get "A.I." (or something equally capable) crunching on the numbers just to even hope to make meaningful relevance of what's going on.
So huge swaths of everything from Behavioral Analytics of individuals to Protein folding on to money itself, this persistent trust is placed into the Algo to make relevance of the data, present the data, and even act on the data in a sensible and meaningful way. Doesn't matter if one is dealing with Facebook, Wallstreet, Cryptocurrencies, or the administrators of China, all of them ultimately are caught in a stream of "What'd the Algo say the values were?"
But it's not just Enterprise, it's also the general public that is actively involved in not only creating the A.I., but makes personal choice to pay attention to any given "value" set it offers. The collective consensus comes from the collective moral ethic.
Personally, I welcome the high tech calculator automated entourage, what I don't welcome is worshiping it as a God.... that is to say, doing things like looking towards it for moral and ethical value and guidance.
But eh, the Pandora's Box of A.I. was opened, let loose on the money, and that's that. There's no putting "RoboCthulhu" back in the box.
So money is dead, LONG LIVE ROBOCTHULHU!
(not that RoboCthulhu is "alive" exactly)
Why this isn't discussed more openly when it's actions are publicly overt and have been so for years I have no idea. #AreYouNotEntertained I guess. Whatever the case, not exactly a fan of the G-Men, but they did well in just pretty blatantly and overtly telling the public, "WE ARE HERE!" when they (and Apple) rolled out "The Selfish Ledger" video.
But google and apple are far from alone.....
As the money was ran into complete absurdity so was the global politics that adhered to it. Just about anywhere one looks in the world connected to "monetary" value the joke just dances around to be seen at this point. Trillions of trades per second going on due to HFT (aka "A.I."), there's not a person around that can sort that all out, but eh, the algos say a BitCoin that takes over an hour and a half to even complete an exchange is worth $40,000 and "In The Algos We Trust"
(again, comedy show, any money that takes an hour and half just so a transaction can complete is so utterly broke it's laughable.... just because it's broke don't mean it's not flush in cash. It's a comedy script.... a Killing Joke)
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TROM
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