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Tokenized Credit-based Community Money

Introduction This article is a critique of debt-based fiat money and the potential of tokenized credit-based community money. The contemporary monetary system is predominantly based on debt-issued fiat currencies, a structure that has attracted significant criticism due to its moral and economic implications. Money is fundamentally a credit instrument, a promise of the issuer to redeem it for something of value. In this sense, only providers of real goods and services have intrinsic qualifications to… Read More »Tokenized Credit-based Community Money

The quantity and quality of information

In information theories, the concept of “information” itself can be confusing and even self-contradictory. Of course, nature itself is not wrong. It’s the words that we use. Shannon entropy is fundamentally mathematical without considering any meaning, structure, or organization with regard to information. From that point of view, one can say chaos corresponds to more information because Shannon entropy really is a measure of uncertainty or randomness in a system. On the other hand, as… Read More »The quantity and quality of information

The Days and Hours of the End Times

When discussing prophecies about the end times, Christians often quote Jesus’ words in Matthew 24:36: “But about that day or hour no one knows, not even the angels in heaven, nor the Son, but only the Father.” We often think, if even the Son (Jesus Christ, the Son of God) doesn’t know, how could we possibly know? And, if even the Son doesn’t know, should we even desire to know? However, this attitude leads us… Read More »The Days and Hours of the End Times

High-entropy system versus low-entropy system

Some of the most important ideas promulgated by George Gilder, the thought leader in tech-economics and info-economics of our time, are as follows: (1) a winning technology is always one that wastes resources in abundance to save a real scarcity; and (2) the most fundamental scarcity in the human economy is time, and everything is constrained by time. According to that principle, a technology that wastes other things that are abundant to save time, always… Read More »High-entropy system versus low-entropy system

The myth of the ‘Selfless Satoshi’

The myth of the ‘Selfless Satoshi’ was created by selfish people. We see a pervasive myth surrounding Satoshi that portrays him as ‘selfless’ and a mysterious eccentric icon who has abandoned all his personal rights to Bitcoin so others could use it freely any way they want, including changing the nature of Bitcoin to its core yet continuing to claim the original name and title. This ‘selfless Satoshi’ is a fabrication created by people with… Read More »The myth of the ‘Selfless Satoshi’

A parable told in the end times

The world is in the end time. The old order crumbles down, giving place to visible chaos and an invisible new order, simultaneously and diametrically opposing each other. The middle ground is being eliminated. Strange things are given as important signs to test people’s hearts when choosing between the two. Many parables are emerging from the realms of religion, politics, social movements, moral perceptions, science, and economics. They are all characterized by contradictions that surpass… Read More »A parable told in the end times

BTC is a combination of a cult and a scam

Dr. Craig Wright calls BTC a religion and gives an insightful analysis. But calling BTC a religion lends a bit too much credit to it. Not that religion is good, but BTC is worse. Religion is counterfeit faith. True faith is based on the revelation of the higher realm (the invisible spiritual realm). In contrast, religion, even in its honest form, is based on dogmatism extracted from killed (dead) revelation of the higher realm. That… Read More »BTC is a combination of a cult and a scam

Believing and confessing are supernatural breakthroughs

In the US or the West in general, people who claim to be Christians are, in most cases, either merely culturally attaching, or just claiming to believe in the existence of God. But this is not Christianity. Merely having some kind of notion of God is not salvation. Satan and all evil spirits know that God exists, but there’s no salvation for them, only eternal judgment against them. The sad condition is not because salvation… Read More »Believing and confessing are supernatural breakthroughs

The fraudulent fiat “money” and fake “digital gold”

Failure to distinguish between money and currency is causing a lot of confusion. Money is an agreement of value. Currency is a technology that transmits value represented by the underlying money.  While the two terms are often used interchangeably, there is an essential distinction between them that highlights the difference between the conceptual agreement of value and the practical means of exchanging the value. Money, in its purest form, is an agreement between parties as… Read More »The fraudulent fiat “money” and fake “digital gold”

A poem – to the prophet of digital age

In every age, a prophet stands alone,A beacon in the darkness, scarcely known.A mind so vast, a heart so deeply wise,Yet scorned and shunned beneath unseeing skies. He walks through shadows, through the storm,A voice of truth, though in a world of deform.Not just a sage, but other’s prophetic guide,Through circuits vast, where future paths reside. In history’s tale, the righteous face the flame,Not for their faults, but for their righteous name.Their very light draws… Read More »A poem – to the prophet of digital age