This is all just pulp tech talk.
Next post is on Large Scale Solar Bitcoin Mining and Cooling Systems
Does technology create disruption or revolution?
Creative destruction is brought about through the aggregation of specialized knowledge in unison. A creative combination of:
People Money Technology
Sharing similar interest and vision in:
Social Entrepreneurship- problem tackler Known markets- product and pivot Business harvester- capital, consultancy
How to become a founder in something, be the expert on it. Be the best. Gain as much specialized knowledge about that. Use digital channels to scale the bounty, leverage the internet. leverage screen space.
The power is now in the software. In its ability to deliver content in agreement with a multitude of operating systems and browsers.
Software at the core of any company, protocol, or process is intrinsically powerful - and has the ability to augment or substitute traditional practice.
Software facilitates simple, elegant, frictionless decentralized innovation that can spread at zero cost.
The open source sourceforge, GitHub, provide open source software sharing. Firebase collaboration. Open.
"The entry on a ledger of a bitcoin is a fundamental unit whose value can be moved electronically through the security protocol."
A digital signature that is time stamped, shared, and verified by a network of computers.
A "Coin" is the first namespace that utilizes this mechanism.
A monetary unit under this technology, a digital coin, is as primitive as a lightbulb to the electric grid.
There are far more advanced and diverse systems that are coupled with the electric grid.
This statement is analogous to that of there will be far more applications built on top of the blockchain and side chain protocols, and in addition to advancements of the protocol at its core in itself.
Many other applications of asset transfer and proof of ownership can and will be implemented with the digital signature, time stamped, public ledger(s).
Real time auction in digital space for analog space.
Use this as the "forum" and network of tasks.
APIs with Venmo.
Application programming interface.
Get more currency when make trades or use. "credits" for joining.
cryptocurrency mining code inside applications that occur when the device is using the client.
VR MOOCS will be awesome. presence VR teleportation
start counting with letters and spelling with numbers.
Learn to code. Codecademy and that China one
Going back to codecademy and completing the section on python.
digital ownership. solar bitcoin mining farms. solarminer.com
not so much one together... A coupled cooling system that works on the panels and the miners. The miners need Internet connection, a power supply, and a cooling system. reread internet.orgs piece on facebook server centers.
Residual returns on transaction fee that are verified by your miner.
Ie business has own miner to process all of its global bitcoin transactions.
Instead of paying a fee for using someone else's miner.
people are working on the core of the bitcoin protocol on github on bitcore.com
consultants. in bitcoin.
More implementation Facilitators of blockchain tech , distributed systems.
not just currency. share economies. private keys for access to hospitality (airbnb) transportation (uber).
Wifi connection keys
Ts1 connected until ts2
micropayments will displace ad rev. most likely. pay wall is good for the publisher and the customer. seamless micropayment. painless too.
new monetization models for the internet by using a electronic payment system, distributed ledgers.
VR presence + MOOCS + software engineering
Raspberry Pi +
enabling tech for smart cities. wireless. Bluetooth. Ble4 vs RFID
real time auction in digital for analog assets. parking spots, seats, bikes, taxi service.
micropayments for metro transportation systems. simple.
use prices set a marketplace. seamless payment verification.
AMAZON servers. Google servers. APACHE casandra. datastax
antispam microcharge with email.
Bitcoin is programmable currency in that you can setup a computer program that sets a monetary system in motion. an exchange system that is not limited by geography. remittances.
transmit money, any digital asset over a network effect distributed system. miners.
the barrier to entry in bitcoin, this ecosystem is coding.
its a public ledger you can develop, fundamentally build a number of processes that reinvent ownership. It will reshape and replace.
the timestamp is key. it prevents double-spending problem without the need for a third party.
separation of identity from transaction, yet transaction is public to everyone.
if you can show that you have ties to capital and can facilitate an exit it will draw entrepreneurs to you. hunted. international capital. That is intrinsically valuable.
high energy demands of a bitcoin network will be met by solar energy. the cooling system that keeps that panels cool will keep the miners cool.
security will be achieved by pivots in the core protocol or by alts that supplant.
right now mining is just the support of the block chain and in turn one is rewarded by generating scarce assets from the capital investment that supports the network.
intelligence energy integrity.
purchase and sale without a trusted party such as visa or Western Union.
cuban- " it doesn't have to be billion dollar exits. Million. Tens of Millions. Small IPOS. If you can help enough companies get to capital that takes them to the big leagues or gives them an exit, it will be like financial gravity. it will pull entrepreneurs to you.
so if you want to build the next silicon valley in barcelona, don't promote the startups you have in your city or state. Many of them are going to go out of business before the ads hit or the conferences happen. Brag about the exits and how there is capital waiting for amazing entrepreneurs to reach their goals.
the currency called bitcoin is the lightbulb; the technology of bitcoin is the grid. its a faster, more global payment system.
its the internet in 1994.
recursive bitcoin mining to pay for the wifi to operate the miner.
reward. reward. reward.
value in speed, dectralization, low cost, in a growing globally connected world.
sequential vs parallel processing
computer vs human
strong views, weakly held.
as it takes more computing power to produce a block of bitcoins the exchange value will increase.
Those who speak do not know, those who know do not speak.
Small and medium size tech enterprise need software engineers, UX designers, project managers. Not just software engineers, THE BEST software engineers.
not matter what field you are in, be THE BEST.
python, android, iOS.
Raspberry Pis, computer hardware.
build something creative something cool.
mergers & acquisitions
business to business application marketplaces
Bitcoin is not only just the beginning, its the end to many practices. Every single industry will be disrupted. M2M value processing will become seamless. Automation, delegation, optimization in the Urban Operating System.
Bitcoin and Venom analogy. A blockchain. A publicly verifiable ledger of agreements without the need for a third party. A sent X to B.
The intrinsic value is in the use of applications built on top of the technology.
anything that is currently done with a third party involved as a service will be displaced by a decentralized block chain.
A digital handshake seen by the internet
not just one-person to another person, one person to many.
not just one machine to another, one machine to many.
not just one-person to another person, one person to a company.
one company to many persons.
What I know, at this point, is there is a gap.
A distributed marketplace, the peer economy. a medium of transfer value that doesn't exploit. EX books after a semester.
Now an exhortation.
Path from network marketing to international business to technology can also be reversed as in technology, to international business to network marketing.
Entrepreneurship before starting a venture.
building a website before formally learning to code.
learning to code before building an app.
bitcoin before mining for bitcoin.
knowledge + action = power.
drive, skill, desire, freedom.
energy, effort, execution.
living vs sharing
sharing vs living
execute with effort and energy
freedom comes from a desire for skill and drive
power comes from action with that knowledge you have acquired.
genuine love for what you do.
find a medium that expresses it. growth.
film. word. capture. expression.
find the tool set, the medium, that empowers you to build upon your creative impulse.
travel. learn different languages. meet different people.
live the dream.