<html><body><div style="color:#000; background-color:#fff; font-family:times new roman, new york, times, serif;font-size:12pt"><div><span style="font-family: Arial; font-size: 13px;">Brent Allsop <brent.allsop@canonizer.com> wrote:</span><br></div><div style="color: rgb(0, 0, 0); font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="font-size: 12pt;"><br></span></div><div style="color: rgb(0, 0, 0); font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="font-size: 12pt;">>>OK, great! Finally something more than just destructive bleating
infinitely repetitive negative noise.<<</span></div><div style="color: rgb(0, 0, 0); font-size: 12pt; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="font-size: 12pt;"><br></span></div><div style="color: rgb(0, 0, 0); font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="font-size: 12pt;">I didn't write anything in my last post that I had not already written to you at least once or twice, perhaps even three times, but I'm happy you like how I put it this time.</span></div><div style="color: rgb(0, 0, 0); font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><br></div><div style="color: rgb(0, 0, 0); font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times,
serif; background-color: transparent; font-style: normal;"><span style="font-size: 12pt;">>> I propose we create and build a "Cautiously Optimistic" super camp
that we all agree with.... </span><span style="background-color: transparent; font-size: 12pt;">If I created a "Cautiously Optimistic" super camp, would you agree
to helping the world out a bit by supporting it, either directly,
or by creating a competing camp to our 'law of the crypto coin'
camp? Such takes far less time and effort than all the
destructive, infinitely back and forth we've wasted so much of
everyone's time on so far.<<</span></div><div style="color: rgb(0, 0, 0); font-size: 12pt; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="background-color: transparent; font-size: 12pt;"><br></span></div><div style="color: rgb(0, 0, 0); font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;">I wish you well with your canonizer project but I don't feel inclined to participate. Perhaps in the future. Thanks for asking.</div><div style="color: rgb(0, 0, 0); font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><br></div><div style="color: rgb(0, 0, 0); font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style:
normal;">Gordon</div><div style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><div style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><div class="y_msg_container"><div id="yiv5353198053"><div><div class="yiv5353198053moz-cite-prefix">
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On 7/21/2013 3:05 PM, Gordon wrote:<br>
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<blockquote type="cite">
<div style="color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">
<div><span style="font-family: Arial; font-size: 13px;">Brent
Allsop <a rel="nofollow" class="yiv5353198053moz-txt-link-rfc2396E" ymailto="mailto:brent.allsop@canonizer.com" target="_blank" href="mailto:brent.allsop@canonizer.com"><brent.allsop@canonizer.com></a> wrote:</span><br>
</div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="font-size:12pt;"><br>
</span></div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="font-size:12pt;">>>I'm
still struggling with this. All I can see is you saying I
am wrong. But if I am wrong, what are you saying is
right?<<</span></div>
<div style="color: rgb(0, 0, 0); font-size: 12pt; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="background-color:transparent;font-size:12pt;"><br>
</span></div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;">I'm saying...</span></div>
<div style="color: rgb(0, 0, 0); font-size: 12pt; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="background-color:transparent;font-size:12pt;"><br>
</span></div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;">1) Commodity markets do not
operate according to anything like a Moore's Law. I gave you
an example of how gold languished for a couple of decades
due to macroeconomic factors like disinflation. There was
not and is not anything like a Moore's Law operating either
in the supply or demand for gold. Moore's Law is applicable
(or at least was applicable) to the economics of certain
kinds of technological progress, but it does not apply to
commodity markets in general.</span></div>
<div style="color: rgb(0, 0, 0); font-size: 12pt; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="background-color:transparent;font-size:12pt;"><br>
</span></div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;">2) Bitcoin, like all precious
metals and currencies, is a commodity. It is like a hybrid
between a precious metal and an ordinary currency, both of
which are commodities. It is a sort digital simulation of a
gold-backed currency.</span></div>
<div style="color: rgb(0, 0, 0); font-size: 12pt; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="background-color:transparent;font-size:12pt;"><br>
</span></div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;">>>What is your best
educated guess about when we will first reach a $1000/BTC
valuation?<<</span><br>
</div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;"><span style="background-color:transparent;font-size:12pt;"><br>
</span></span></div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;"><span style="background-color:transparent;font-size:12pt;">I've
been around the financial markets long enough to be
careful about making predictions as specific as that. Many
factors are in play here, e.g., the acceptance of bitcoin
as a currency, the operations of central banks around the
world as they attempt to manage their money supplies, the
possibilities of major financial crises in the world, and
so on. I simply feel cautiously optimistic about the long
term future of bitcoin. </span></span></div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;"><span style="background-color:transparent;font-size:12pt;"><br>
</span></span></div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;"><span style="background-color:transparent;font-size:12pt;">Gordon</span></span></div>
<div style="color:rgb(0, 0, 0);
font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;"><span style="background-color:transparent;font-size:12pt;"><br>
</span></span></div>
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york', times, serif;background-color:transparent;font-style:normal;"><span style="
background-color:transparent;font-size:12pt;"><span style="background-color:transparent;font-size:12pt;"><br>
</span></span></div>
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font-size:16.363636016845703px;font-family:'times new roman', 'new
york', times, serif;background-color:transparent;font-style:normal;"><br>
</div>
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</blockquote>
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