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Hi Kelly,<br>
<br>
For me, from within the singularity, or from wherever you happen
to be, as you approach such, the only way you can tell you are
approaching it, is the number of great opportunities like Bitcoin
expands at least exponentially.<br>
<br>
The internet and the world wide web were a great opportunity.
Lots of people got stinking rich, making the world a far better
place. Bitcoin is yet another one of those, built on the
internet. As we continue to fall into the singularity, the
significance of these types of opportunities, and the rate at
which they occur, will continue to explode, as the next ones are
always based on, and enabled by, the last ones, making everyone
even more stinking rich than the last one, at an ever increasing
rate.<br>
<br>
Brent<br>
<br>
<br>
On 11/14/2013 1:08 AM, Kelly Anderson wrote:<br>
</div>
<blockquote
cite="mid:CAPy8RwaOpMnN8dKCwY105m9SKzU5eWd+TjQib0G687ZtQeSzEQ@mail.gmail.com"
type="cite">
<div dir="ltr">On Fri, Nov 8, 2013 at 2:35 AM, Mirco Romanato <span
dir="ltr"><<a moz-do-not-send="true"
href="mailto:painlord2k@libero.it" target="_blank">painlord2k@libero.it</a>></span>
wrote:<br>
<div class="gmail_extra">
<div class="gmail_quote">
<blockquote class="gmail_quote" style="margin:0 0 0
.8ex;border-left:1px #ccc solid;padding-left:1ex"> <br>
</blockquote>
<blockquote class="gmail_quote" style="margin:0 0 0
.8ex;border-left:1px #ccc solid;padding-left:1ex">
<div class="im">> That being said, what does Bitcoin
specifically (or cryptocurrency in<br>
</div>
<div class="im">
> general) add to the scenario that isn't provided by
government backed<br>
> currencies?<br>
<br>
</div>
Bitcoin add trust because it is trustless.<br>
</blockquote>
<div><br>
</div>
<div>Ok, I get that part. But I don't see really what it has
to do with the Singularity specifically.</div>
<div> </div>
<blockquote class="gmail_quote" style="margin:0 0 0
.8ex;border-left:1px #ccc solid;padding-left:1ex">
Fiat currency (but also gold and silver) can not add trust
because they<br>
can be debased, payment reversed, fund seized at the
source bank, in<br>
transit and at the receiving bank and from the hand of the
payer and the<br>
payed.<br>
</blockquote>
<div><br>
</div>
<div>Not good, of course.</div>
<div> </div>
<blockquote class="gmail_quote" style="margin:0 0 0
.8ex;border-left:1px #ccc solid;padding-left:1ex">Governments
or sociopathic AIs </blockquote>
<div><br>
</div>
<div>Governments are just one type of sociopathic AI...</div>
<div> </div>
<blockquote class="gmail_quote" style="margin:0 0 0
.8ex;border-left:1px #ccc solid;padding-left:1ex">could
and would exploit the weakness of<br>
the system like sociopathic speculators and politics
exploit the system<br>
now. Given their time preferences and limited resources
they could not<br>
even understand the scope of the damage they are doing to
others and<br>
themselves in the present and future.</blockquote>
<div><br>
</div>
<div>I get all these advantages of Bitcoin. The question
remains as to how this specifically relates to the
Singularity. Sorry if I'm being dense here, it is late. </div>
<div><br>
</div>
<div>-Kelly</div>
<div> </div>
</div>
</div>
</div>
<br>
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<br>
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