Put some thinking regarding bitcoin up on Twitter.
- @johnrobb as a currency hedge, bitcoin's rise makes being a goldbug look pretty stupid. zerohedge.com/news/2013-11-0…
- @johnrobb It's important to understand that #bitcoin works because transactions are open/visible. It's not something you use if you want to hide.
- @johnrobb Why is #bitcoin cool/dangerous? One reason: it's portable. You can put an unlimited amount in your pocket. No paper bulk. No banks.
- @johnrobb Like oil back in 2005. If you were reading my articles on #bitcoin in 2011, you'd be very rich now. 300 bagger! bitcoincharts.com/charts/mtgoxUS…
- @johnrobb ? Nonsense. Same reason we don't have multiple Googles. Network effects. RT @MartinCollinson: No reason why digital currencies shouldn't multiply
- @johnrobb Another cool thing about #bitcoin. Since it is open source, it can't be slaved to national economic policy (inflated, etc.).
- @johnrobb Don't think there is a mechanism for doing it yet. RT @peakcheezburger: do you think eventually #bitcoin will be regulated?
- @johnrobb IS #gold going to be the first victim of #bitcoin ?
- @johnrobb Why is #gold a victim of #bitcoin ? #bitcoin is an updated, and more fun, version of the same function.
- @johnrobb #gold also has a generational problem. #goldbugs are dying out. #bitcoiners are growing exponentially.
- @johnrobb By that measure Google = 0 value. RT @selil: bitcoin is technofantacism no different than the .bomb. they are not real property.
- @johnrobb It's really an age thing. If you are over ~40, you are probably in the #gold camp. Under, in the #bitcoin camp. Ergo, #bitcoin wins.
- @johnrobb Re; #NSA and #bitcoin. They would be better off mining to gain insight into transaction history and make $$ to fund ops
- @johnrobb Bubble possibly. Not a pyramid. Different dynamic. RT @MartinCollinson Bitcoin is a pyramid scheme.
- @johnrobb People used to write tangible letters by hand too. RT @deezthugs: this "tangible" thing and "5000+ years of monetary history"
- @johnrobb In every realm of human endeavor now. RT @Scott_Bulin: The real winners are going to be those who control the digital conversation
- @johnrobb Does #bitcoin have any intrinsic value? Yes. It's a globally decentralized transaction system!
- @johnrobb #bitcoin also solves the Byzantine Generals problem in computing/game theory. That's a big deal. cs.cornell.edu/courses/cs614/…
- @johnrobb I'm not advocating that you buy any #bitcoins at this inflated price, I'm just making observations about what is going on.
- @johnrobb In #bitcoin ? Probably. But, I'm not in the market right now. RT @Tomzorz: you think we're in for a crash?
- @johnrobb I can't buy a cup of coffee with #bitcoin. Who cares? I can't buy it with a #gold either.
Also, I'm still working on recasting the American dream on HomeFree America. If you aren't subscribed yet, you might have missed this article: the tale of two college grads, over a decade. It should get your grey cells working.
Here's what is going on.
I've left Resilient Communities over creative direction. As a result, I'm no longer associated with the site in any way. Regardless,I wish the current team good luck with it and hope they stay true to the message developed there.
I started Resilient Communities as a way to explore some ideas I developed here on Global Guerrillas. Specifically, the idea that it was possible to build a community that was resilient to global disruptions. I found that it was possible, but it was also part of a much bigger idea. An idea that I could only explore in a new venue.
As a result, I've started working on a new site called HomeFree America. It's focused on one simple concept: The American Dream (it's the dream that caught the imagination of the world) is dead and it's possible to rebuild it. That effort is divided into three major categories:
- American Dream theory. What is the dream. Why it died. How it can be rebuilt.
- How to succeed economically in the 21st Century. Simply, a new chaotic economy is emerging. It's global, fragmented, and chaotic. It makes possible direct economic relationships that cut out most of the industrial economy's corrupt middlemen (it's a combo of everything from the sharing economy to crowdfunding). My goal is to figure out how it works and how to make it work for us.
- How to build a home that makes it easy to achieve the American Dream. Simply, the biggest invesment most of us have/will make is in our home. I've figured out some stuff that will make that home a place that pays for itself (or pays you enough income to retire without worry).
So, if you have been reading me for years, I think you will like this new site and what is going on there. If you are interested, join the discussion on HomeFree America. I'm posting there almost every day. Of course, that is only if you want to do something that matters.
PS: I'll be taking care of everyone that joined me on Resilient Strategies on this new effort. Stay true.
PPS: I'll still continue to post occassionally to GG about ideas relating to conflict. However, I'll be spending most of my time on HomeFree America.
I'm working on a new site called HomeFree America.
It's where I'm doing some thinking on the future of the American Dream (I personally think it is the most important idea the US ever produced)
It's still a very early effort, but the brainstorming so far has been pretty fruitful. If you are interested in this topic, please join me. We're already diving into new ideas and frameworks that offer promise.