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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">Subject:
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<td>Re: [mta] Re: [ExI] Bitcion Moore's Law?</td>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">Date: </th>
<td>Wed, 17 Jul 2013 20:50:45 -0600</td>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">From: </th>
<td>Brent Allsop <a class="moz-txt-link-rfc2396E" href="mailto:brent.allsop@canonizer.com"><brent.allsop@canonizer.com></a></td>
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<td><a class="moz-txt-link-abbreviated" href="mailto:brent.allsop@canonizer.com">brent.allsop@canonizer.com</a></td>
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<td>Canonizer LLC</td>
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<th nowrap="nowrap" valign="BASELINE" align="RIGHT">To: </th>
<td><a class="moz-txt-link-abbreviated" href="mailto:transfigurism@googlegroups.com">transfigurism@googlegroups.com</a></td>
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Hi Folks,<br>
<br>
OK, It looks like there is a clear expert consensus that I trust
here. I guess I was making too much of an assumption about how
fast the production of Gold was. I need to rethink my thinking
thanks to all your help.<br>
<br>
I do have another question. Would all you guys consider .00001%
/ year growth, exponential growth? It seems like most of our
disagreement is just about how much exponential growth there
is. And even the graph from 1900, would look very linear (as
you seem to think it is) with .00001% growth, right?<br>
<br>
So, the real question for you all still is, do you think the
Value of Bitcoin, will grow in a way at least as "Moore's Law"
like as the growth of integrated circuits have been, since
Moore's prediction, as is being predicted by the emerging expert
consensus here?:<br>
<br>
<a moz-do-not-send="true" class="moz-txt-link-freetext"
href="http://canonizer.com/topic.asp/154/2">http://canonizer.com/topic.asp/154/2</a><br>
<br>
And if not, do you think it will be less growth, more growth, or
just not as (moore's law like) linear (on a logarithmic graph)
as it has in the past? And if so, why?<br>
<br>
Brent Allsop<br>
<br>
<br>
<br>
<br>
On 7/16/2013 9:20 AM, James Carroll wrote:<br>
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<blockquote
cite="mid:CALbjWneAMaRnm0AKM0NDDvgVrbOqRdkLff75Ahqy4LOFNwYDFQ@mail.gmail.com"
type="cite">
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<div class="gmail_extra">On Tue, Jul 16, 2013 at 1:45 AM, Carl
Youngblood <span dir="ltr"><<a moz-do-not-send="true"
href="mailto:carl@youngbloods.org" target="_blank">carl@youngbloods.org</a>></span>
wrote:<br>
<div class="gmail_quote">
<blockquote class="gmail_quote" style="margin:0px 0px 0px
0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex">
<div dir="ltr">Brent, those charts of gold mining look
much more linear than exponential. Notice that the
Y-axis is climbing linearly. It would need to be on a
logarithmic scale if gold mining growth were
exponential.</div>
</blockquote>
<div><br>
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<div><br>
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<div><br>
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<div>I agree with Carl Brent. While Gordon's graph doesn't
go back far enough to mean much, your graph very clearly
indicates linear growth over the last 100 years, with a
potential slowdown at the end (it's too hard to tell if
that is noise, or real data there at the end). <br>
<br>
If there really is exponential growth in supply going on
here, I don't see it from these graphs at all. It may
show up as you claim, if you go further back in time.
But it might not too, without the data, that is simply
wild speculation. For now, the only data I have seen
indicates linear growth. <br>
</div>
<div><br>
</div>
<div style="">Furthermore, the potential slowdown
indicated by your graph happened right when wild panic
over hypterinflation created a gold price bubble, that
is destined to pop (it is in the process of popping now
actually). If staggeringly and artificially high gold
prices couldn't even keep linear gold production growth
going, I seriously doubt that there really is an
exponential trend buried underneath this. </div>
<div><br>
</div>
<div>James</div>
<div><br>
</div>
</div>
-- <br>
Web: <a moz-do-not-send="true"
href="http://james.jlcarroll.net" target="_blank">http://james.jlcarroll.net</a>
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