Intelligence is the ability to acquire and apply intellect and skills. It can also mean the collection of information of military or political value. Artificial means made or produced by human beings versus coming about naturally. When it comes to behavior, artificial can mean insincere or affected. America seems to have been hit full force … Continue reading What is artificial? What is intelligent?
For the past couple of years, I have been listening to the debate between the gold bugs and the crypto bros. After listening to the arguments, I came up with my own definition of money which I may have shared in the past. Money is energy plus sweat plus output. It is sound money where … Continue reading Are gold and crypto energy?
The State regulates society via the following: Via money … Gold, silver, currency, bank notes, etc., are not money. Sounds like heresy, but in actuality, these items are derivatives, representations, of real money. Real money is the energy released and used in the creation of value. The time spent and the sweat created when harvesting … Continue reading Money: Staying mindful of how the State regulates society
Currency derives its value from the underlying money we spoke of earlier. Currency is a promise that per one unit of this derivative we receive some portion of the underlying money. Currency not only is a derivative, it’s a bond, a promise to pay real money, but in this case, a promise that is not backed by real money. Continue reading What should your currency be backed by? Deposits of gold, silver, land, food, and knowledge.
Lawyers Write the Bets. Bankers Sell the Bets. 