Max Entropy

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About Max Entropy

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  1. This is an interesting discussion on publishing, banking and the future. I have found that the host, Henrik Palrgim (spelling) to be informed and gracious. The interview is informed by an author who worked in a Swedish bank in capital markets. RedIce follows a model of broadcasting the first hour free and second hour you must be a member to listen. I think the cost is 10$ per month. I purchased 2 years. Sent from my iPhone using Tapatalk
  2. Question - for the M2M applications under consideration - what are the Ether costs? My experience with Ethereum is that in a era of free ubiquitous computing the COST to run an application is huge. Try installing Akasha app by Ethereum people - Juan Benêt and Vitalek are advisers to the Akasha project... so they have current thinking baked in. However, I do not want to PAY for each Topic and for each comment. I do not think machines will want to either, but lawyers will pay for registration if documents. I am interested in learning more about M2M applications. Please expand!!! :-) Sent from my iPhone using Tapatalk
  3. You should speak with Adam Levine (or Andreas Antonopoulos, or Stephanie Murphy) at Lets Talk Bitcoin. They have a currency that they use to 'pay' content providers and 'remunerate' those that comment constuctively to Let's Talk Bitcoin content streams or threads. The content is much as you would like. Video, audio podcasts and web browser content. Separately, he says that 'people' will game the system aggressively. I could name names... countries...
  4. Hmm... I have been thinking there will be a global collapse since 2002, following 9/11 when I woke up. I think there will be a collapse but it will great for some and terrible for others. I may sound heartless, but 'people' - 80% are collective idiots. The crash will cause these automatons to re-focus from their 'safe places' to communities of inherent value... where they are required to contribute locally, as opposed being paid by Soros to protest in 'pussy' protests. Rant off! it is bit early to meaningfully running a functional IPFS node, but not too early to an node running. FileCoin is also a bit early. The Ethereum collapse hurt the development effort. FileCoin data mining should be of interest. I expect that it will use Proof of Stake so getting node running... out of the gate, would be wise. Dash Master nodes are about 15,000 $ today, as opposed to 1-2 when they started. FileCoin could be similar. When there is a financial correction there will a rush into crypto for those who are instutionally connected and those that tech savvy. The others will suffer, but there is no way, to wake these people up, as they at the beach surfing and will not be back in time. I know that you a humanitarian bent, but these folks are not paying attention.
  5. @Haydentiff good... Then you are going to like this too... IPFS and BlockStack... In the near future, it will be worthwhile running an IPFS node. I have been running one for the last year. This talk introduces the analogy of Facebook being linke a bank. Banks purportedly hold money, while Facebook definitely owns your data. IPFS is a Fintech application for non-tech applications. IPFs and BlockStack will make passwords not required. IPFS will enable individuals to own their own data. This be definition dis-intermediates the middlemen who currently control money and decisions about who can have accounts. HaydenTiff should be pushing this type of core technology. The opportunity space is much larger than money.
  6. I understand, but to change the world you should go to where the people will be at... In the future... in that way you will be using your instincts for good. I see nothing wrong with any of the say top ten cryptos. They have different feature sets. All will play a role in redistributing wealth. For example, there are the following problems with crypto today: 1: how does one buy, given the country they are in? Bloody difficult... in some countries. 2: once purchased where do you put it? Some In an exchange, some in a phone, some in a wallet - metaphorically speaking. But which wallet and which exchange? There are a ton of them, and they all have different issues. 3: why buy, when to sell, how much to sell? 4: what is the tax treatment by country? 5: how much information should one provide to the exchange? Which exchanges will share this information. Example, will Coinbase role over? If you are a Coinbase subscriber outside the US, what are the implications? 6: how does one sell, ie how do you get value for coins in future. What is the best way to exit? How long does it take? What is the liquidity? Are certain times of the year different? 7: when will ETFs come to US, to other countries? What are the implications to the space? There are many questions like these that span all coin types. Stellar will do good things in Africa and India, very different from what Ripple or Ethereum will do in North America. I do not see a down side to making money in the regards, as your efforts will move everyone forward. It may however be more rewarding to work with say Stellar if they fund your activities. The key as I am sure you know, is developing a platform from which to speak. Then the subscriber base will follow... -- David Seaman is now a convert to crypto because he found that when Huffington Post dropped his column, for speaking about PizzaGate, he lost significant income and hence his livilihood. Then PayPal blocked his accounts. What was left was Bitcoin, so his followers moved to Bitcoin. He has recovered much because of Bitcoin. James Corbett supports Bitcoin because part of his audience is rooted in independence. So now he, like Molyneu speaks at Bitcoin conferences. I guess my point is, to go to where the people will be in the future, just like a forward will do in basketball. i am just rattling on, I am sure you know this stuff.
  7. Oh, I do not like your direction!! :-) Haydentiff, I think you should do the following: 1: create a YouTube channel, and customize it with background pic and others. Use Ripple and say Dash, David Seaman, or Stefan Molyneau of FreeDomainRadio. They have both websites, YouTube Channels and Twitter accounts. I expect that they are able to monetize their content. Also make your Ripple/Bitcoin address publicly available. 2: I would seek to promote 'coins' that will remunerate you privately for your broadcast/publishing of their features. This could be exchanges as well as coin types. Dash pays Amanda Johnson, as you know. I know Stellar has payment program for stuff. Ripple might pay if the content was performed in a shit and directed to Market Makers or Banks. 3: you might consider two (2) levels of information: - intro and feature announcements - configuration and deployment issues Both cases will increase user and developer adoption and could lead to consulting contracts. 4: I note that David Seaman does his often... and ad hocly. Subscribers could register for notifications. 5: The smart people go to where the money is... Spend more time on content that pays! Good luck.
  8. I don't think anything will happen until the following is resolved: 1: institutional investors need a mechanism to buy. Buying Bitcoin to then buy XRP sucks. It is difficult, small volume and error prone... and slow. 2: there needs to be liquidity in the crypto currency markets 3: Ripple needs to distribute the many 50m XRP far and wide, so as to enable incentivization for these financial markets 4: 100 banks using Ripple technology 5: promotion into Asia, Europe and North America 6: Ripple either grows technically or is purchased by software company. While the above Apple, Google, Mozilla is intriguing, I would argue that non of these companies have the software and technology skills of MS or IBM. So I see the need for partnerships. Given the above, then XRP will be $ 10+ Long way to go... I could see the Fed using Ripple, if it had strong US technology support. I should spend some time looking at the W3C standards group membership list.
  9. Well I do not have a specific set of questions now, but I agree that it is bloody decent that the Ripple guys comment here. If you have business or tech insight - overtime, I would be interested to hear what you have to say. Your comments above, about selling the float, are topics that I would never have considered. I think this useful to others here, as there appears to be a mix of interested but non-technical people, but also some technically informed and some software people that understand how the Ripple technology could work, but do not have knowledge about the 'banking application' requirements.
  10. Hey Karma, That is an excellent perspective. You should talk more about this stuff, as I do not know much in the non-tech area.
  11. Notice that each of these companies, Apple, Google, Mozilla control browser software. Apple and Google control handsets and operating systems. For an industry standard to emerge each would need to adopt a core technology. It won't be Bitcoin, but it could be the open source implementations of InterLedger and HyperLedger. HyperLedger is more limited than InterLedger as it does not support a token outside of its domain. Ripple has the only product that provides a broader user experience... with a token of value. i do not see how an Apple or Google ledger could succeed by competing with a Ripple ledger, so they will likely adopt one or the other... HyperLedger or InterLedger. There is some urgency for both companies, as non-phone solutions could emerge via the hardware wallet companies, offering arguably more secure solutions than phones. i expect the choice that American companies like Apple and Google make will be based on 'control' issues. They could buy Ripple. Someone is going to buy Ripple, if the 100 banks in trial mode is real. This would send XRP to 1$. What I found interesting in Garlinghouse's interview with Bloomberg of yesterday was that he said, "Ripple had had a good run". Now may be that was just investor slang that slipped out during an on camera interview, or it is indicative of a business phase completion. Let us hope Garlinghouse does not sell Ripple to Yahoo, as that would be horrific.
  12. While I do not know how the Swift network functions, I expect that there will be many jobs lost if they switch technologies, like Ripple. This means budgets slashed and power dissipated. So I expect there will be resistance in many organizations. Ripple still has a long way to go. They must start eating someone's lunch.
  13. I am surprised that there are those that are still bashing Ripple technology. Ripple has the largest number of committed software developers and arguably the most traction in the Fintech space. While Katz's comments are important here, the Peter Todd video is in the wild and doing some damage. Ripple should be taking these verbal attacks seriously. It may be the case, that there needs to be a public technology presentation via Ripple YouTube Channel that speaks to the strengths of Ripple solution, which if parsed carefully negates the Todd et al attacks. The Ripple customer facing - technology and marketing people need this sort of tool/response.
  14. Well, that was the most informative presentation that Ripple has given. Some thoughts: 1: A transcript would be useful. 2: A shorter version could be given at TED. 3: Larsen is a bit edgey around the topic of Bitcoin and its history. [If it were not for Bitcoin there would be no Ripple.] 4: Larsen took a shot at Trump, for no specific reason. [Not sure how that was helpful.] 5: There was no discussion of how XRP can represent other forms of Internet value transfer. 6: The first ten (10) minutes were a drag, but thereafter the analogies to 'shipping containers', trade and globalization were informative. 7: The assertion that ILP is equivalent to IP is a stretch. 8: The point about bilateral trade agreements not scaling is an excellent example of how Ripple solves Internet of Value problems. 9: There could have been more time devoted to differentiating Ripple from Swift, highlighting Swift's limitations. 10: For this audience, it might have been appropriate to invite participation in Ripple, in someway. Very munched appreciated the video @MundoXRP, thanks.
  15. Oh I agree, in principle, but it soooo difficult to purchase any crypto today, that even Bitcoin does not have sufficiently broad appeal. We will need to have Coinabse purchased by a globally banking cartel before we see the easy conversion between fiat and crypto. I would like to see a telco SIM based wallet, resident in my phone for pocket change.