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Topics - Travis Patron

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Politics & Society / The Technologist Looks at Social Phenomena
« on: March 29, 2017, 04:15:31 PM »
The state of bewilderment and sense of futility that hang like a pall over the peoples of Christendom are commonly laid to the Great War and the strange peace, conceived in terms of mutual defeat, that marked its provisional close. These events are viewed as the immediate causal circumstances that gave rise alike to the decade of golden opportunities and its collapse in the relentless retreat of `values' that continue to march past day after day in columns of three--`high,' `low,' `close.'

But, as everyone knows, there were more remote events out of which the Great War and the unstable peace unfolded. And so, historians, statesmen, philosophers, economists, bankers, business men, and politicians explore the background in search of the `fundamental' causes which they discuss in conflicting accounts of their explorations. Thus we are buffeted by events and by currents of opinion which bewilder and confuse.

Read The Full Paper

Bitcoin / Visions Of A Techno-Levithian
« on: March 29, 2017, 04:13:04 PM »
What has been introduced to the world is a method to create decentralised peer-validated time-stamped ledgers. That is a fancy way of saying it is a method for bypassing the use of centralised officials in recording stuff. Such officials are pervasive in society, from a bank that records electronic transactions between me and my landlord, to patent officers that record the date of new innovations, to parliamentary registers noting the passing of new legislative acts.

Read The Full Article

Ethereum / Resource For Ethereum ICOs
« on: March 16, 2017, 09:04:29 AM »
I came across a great resource for listing initial cryptocurrency offerings in the ethereum industry:

ICO Calendar

Money / Animal Spirits Of The National Economy
« on: July 25, 2016, 09:33:15 AM »
"Animal spirits is the term John Maynard Keynes used in his 1936 book The General Theory of Employment, Interest and Money to describe the instincts, proclivities and emotions that ostensibly influence and guide human behavior, and which can be measured in terms of, for example, consumer confidence."


When a currency loses its trust, it loses its value. When people do not trust something, it inherently loses its perceived value from that person and indirectly, the value attributed to everyone else. Therefore, when people come to mistrust a currency, the financial system which it gives life to, is in risk of collapse. When the citizens of any nation no longer have reason to trust the issuing authority the animal spirit dies.

Bitcoin / Is Bitcoin A Cult?
« on: July 24, 2016, 03:37:09 PM »
In society today, when we hear the word cult, the hair on the back of our neck stands up and our ears cringe. We quickly want to change the subject because of how negative a connotation the word cult carries with it. Why is this so? How can a word in and of itself be so detested and shunned from our lexicon? Let us explore the word cult.

The word culture comes from the root word cult, and describes a collection of human capacity in the pursuit of betterment for the individual and the whole. Culture is central to the way we view, experience, and engage with all aspects of our lives and the world around us. Thus, even our definitions of culture are shaped by the historical, political, social, and cultural contexts in which we live. (Sorrells, 2013)
More narrowly, the word cult describes a social order which carries deviant beliefs, that is, a group of individuals who operate from a set of practices which violate the conventionally dominant mindset of the surrounding culture. A cult establishes new social norms and practices to operate from, and therefore is seen as deviant until these new social norms are adopted as the dominant belief system. Once this saturation occurs, anything which violates these beliefs is then seen as the new cult. A cult in and of itself is neither good nor evil, but a social order that defies conventionally accepted social order.
Let us begin our analysis with three basic assumptions of a cult:

  • Holds socially deviant beliefs
  • Holds regular, frequent ritual practices
  • Holds their founder as the ideological realization of their socially deviant beliefs

Let us apply this framework to an existing culture: The United States of America.

Do the American people abide by socially deviant beliefs? At the time of its founding, America was based on the idea that if you’re willing to work hard, success is available -- life, liberty, and the pursuit of happiness above all things. Americans subscribe religiously to the notion that it represents the “Land of Opportunity” and that anyone can realize the “American Dream”. This is clearly seen when America is the most overworked culture is the world. At a time when the dominantly held belief was to serve the greater good of the British Empire, these ideas in the 18th century were indeed deviant.

Do the American people engage in regular ritual practices? Every February of the year, Americans drop whatever it was they were doing and gather around to watch the SuperBowl. Not necessarily because of their love for the sport of football, but because it is the American thing to do. Do not get in the way of an American and their SuperBowl time. The SuperBowl is one of the largest ritual practices of a culture on the planet, and it reinforces the beliefs that the social order was founded upon. It draws in an audience from around the world and sensationalizes commercialism and competitiveness. The SuperBowl does indeed represent an American ritual tradition.

Do the American people hold their founders as the ideological realization of their cultural beliefs? The founding fathers of America --  John Adams, Benjamin Franklin, Alexander Hamilton, John Jay, Thomas Jefferson, James Madison, and George Washington – are held as the epiphany of the belief system which the entire culture is founded upon.

Is America then a cult?

Consider a group of 100 people. 99 of those people are involved with the cult while one person has a different set of beliefs entirely. Would the 99 people of the cult describe themselves as cultists? Or would they view the outsider as having something fundamentally wrong with them and an inferior set of beliefs?

The only criteria to effectively judge a cult by then, is if their belief systems help improve the lives of individuals and the whole. A cult in itself is neither good nor evil, but a social order with deviant beliefs.
The United States of America indeed started as a sort of cult. It still holds deviant beliefs, has ritual traditions, and has the ideology of their ‘father figures’. Only now, it is one which has reached a critical mass where its belief system has become the new social norm. Its belief system is no longer deviant and therefore, everything which violates its norms is the new cult.

So then is bitcoin a cult?

Does the bitcoin community hold deviant beliefs? Anyone in the bitcoin community knows this to be plainly true. There is an underlying, religiously abided to belief that we can create a system using the decentralization potential of bitcoin to build a better world. There also seems to be a deep loathing of the current banking system.

Does the bitcoin community engage in ritual practices? Regularly, and as a scheduled event, the bitcoin community braces itself for a readjustment in the difficulty of the mining reward. The block reward halving represents a ritual tradition within the bitcoin community. Every time the compensation per block of bitcoin is halved, the beliefs of the culture (that of scientific innovation and disruptive competition) are reinforced upon the subscribers.

Does the bitcoin community hold their founder as a sort of religiously actualized father figure? Without a doubt Satoshi Nakamoto is held as the realization of the underlying principles engrained into the bitcoin culture. Satoshi Nakamoto is the oracle upon which the concept of bitcoin was created. It is most interesting to note, that Satoshi has no personal identification and therefore, indirectly upholds the cultural belief of anonymity.

This brings us back to our original question: is bitcoin a cult? To which, the answer is a resounding, yes!

The only question which remains is when it will reach a critical mass and its socially deviant beliefs become the new norm. The bitcoin industry attracts some of the most intelligent and ambitious people in the world. It has the potential to improve the lives of, not just millions, but billions of people!

And that is indeed a worthwhile pursuit.

Bitcoin / Bitcoin Symbol Snubbed For Unicode Inclusion
« on: July 24, 2016, 11:56:59 AM »
"International standards organizations have agreed to only include Unicode-accepted symbols to be given their own fonts and keyboards buttons. For a currency symbol to be left out of Unicode, it means that no one has a way to display prices properly on their screen for items priced in that currency. It is hard to imagine a more necessary standardization for Bitcoin to obtain.

Last October, Bitcoiner Ken Shirriff submitted the classic B symbol with two vertical lines through it as the Unicode symbol for the bitcoin currency and was told that it had been accepted. One month to the day after his submission, Adobe employee and Unicode representative Ken Lunde tweeted that Shirriff’s application had been accepted:"

Read The Full Article

Politics & Society / The Internet of No Things
« on: July 06, 2016, 12:10:46 PM »
"There is no point in owning anything, in fact ownership might become just a luxury. Instead of wanting to own things we want to own data. Data that concerns us and concerns others. Data might even replace money as the medium of value."
Read The Full Article

Ethereum / Trezor Hardware Wallet Adding Ethereum Support
« on: May 18, 2016, 12:51:25 PM »
Check out the source code just released on GitHub:

“You can bet that if we had followed the New York Bitlicense and were taking personal, private information of every single customer that was on our website, all of that personal and private information would now be all over the dark web.”

Read The Full Article

Ethereum / Chiefless Company Rakes In More Than $100 Million
« on: May 16, 2016, 12:19:11 PM »
Article is currently behind a paywall. Would be great if someone could post the full story.

"Can a company run itself without executives or managers or a board of directors? One of the more radical experiments in technology aims to find out."

Read The Full Article

Bitcoin / The Bitcoin Enabled Browser
« on: March 09, 2016, 11:50:39 AM »
I'm not sure how many here have seen this yet, but a company called Brave is intending on integrating bitcoin payments directly into the browser so that users can avoid on-page advertising in favor of sending a small sum of bitcoin to the website.

You can take a look at what exactly Brave is trying to do on their company homepage.

I have signed up for the beta release and have messed around with it for only a short while. Although it is clear the project is in its early stages, something like integrating bitcoin micropayments for less "in-your-face" advertising could have huge implications for the way websites monetize their content today.

Suggestions / Looking For Forum Moderators
« on: March 02, 2016, 09:58:13 PM »
Welcome everyone to the forum!

What we strive to provide here is an outlet for conversation around the emerging digital economy. We can use this forum to share information and ideas with other people who have similar interests and, although we are still early, our membership is indeed growing.

On another note, we are actively looking for moderators to help this forum succeed. If you have experience preventing spam from webs services, moderating constructive conversation, and attracting new members through online marketing and promotions, then you may be a good fit for a moderator position. We fully intend on growing the Diginomics brand and to be granted an early designation as a moderator could be a great opportunity to help the community grow.

Feel free to share any thoughts, articles, questions or more on the digital economy!

Interested In Being A Moderator?

We are currently looking for 1 - 3 users to serve as forum moderators. Essentially, this position would be in charge of keeping the forum growing and in good condition. This includes removing spam, making should users are following forum guidelines, using outreach and online marketing to grow our userbase. Overall, the moderator position is for those who have demonstrated professionalism and are intent on seeing this forum succeed.

SEO and search engine marketing to bring new users in directly from search results would be a huge boom for the growth of this forum and something we are seeking.

In order to be considered for a moderator position, the following must be achieved:

  • Demonstrated strategy for growing online forums.
  • Demonstrated innovation in the bitcoin and digital economy industry.
  • Demonstrated keen sense of judgement for what is tolerated on this forum, and what types of activity are prohibited.
  • Conducted a Skype interview with myself.

In the future, there is a good chance this will be a paid position. As of now however, one of our biggest focuses will be on growing this forum. Consider this opening for a moderator position a chance to get involved with a growing brand and publication that will continue to attract a sizable audience in the months and years ahead.

Thank you for taking the time to read.

Ethereum / Why I Believe In Ethereum
« on: March 02, 2016, 09:32:26 PM »
On August 5th, 2014 I invested 1 bitcoin into the nascent, highly-ambitious cryptocurrency 2.0 startup known as Ethereum.

Rewind 8 months to January, 2014, and I had just returned from my voyages in Sweden, eager to connect with the bitcoin industry in Canada. One of the subcultures of the bitcoin community at the time was focused on smart contracting implementations of bitcoin technology – cryptocurrency 2.0 as they called it.

One of the people pitching ideas in this space was Vitalik Buterin. His ideas were exciting to me, and so I jumped in my vehicle and drove for 28 hours to Toronto to meet him. This was February, 2014. I still remember those frigid February nights, the long road, and the radio as the Denver Broncos were handed a crushing defeat by the Seattle Seahawks in Super Bowl XLVIII.

By working with the Bitcoin Alliance of Canada and alongside the early Ethereum team at Bitcoin Decentral in Toronto, I had the opportunity to learn about Ethereum first hand. When I had questions about what problems Ethereum could solve or which programming language I need to work on in order to be “ready” for Ethereum, I could go directly to Vitalik.

I wasn't exactly sure what to think, but the people working on it were some of the most forward-thinking people I had met. It started to dawn on me that the development team wasn't just aiming for a target no one else could hit, they were aiming for a target no one else could see. And so I decided to throw 1 bitcoin into the Ethereum crowdsale to see what would happen.

Fast forward 16 months, and that decision has net me $17,132 at current valuations.

The craziest part? I believe Ethereum technology today is where bitcoin was in 2010 – almost no one talking about it, raw infrastructure, lack of developers, and plenty of skeptics who don't bother to apply themselves to the learning process before sounding off.

Essentially, what Ethereum does is take bitcoin technology and add a Turing complete scripting language. Turing complete is a term which here means a system capable of performing any logical step of a computable function. An example of a technology in wide use today that employs Turing completeness is JavaScript, the programming language which powers the world wide web. Smart contract technology would describe a computer protocol which obviates the need for a contractual clause and instead is self-executing and self-enforcing.

Take the attribute of Turing completeness and add a globally decentralized, unownable, digital computer for executing peer-to-peer contracts and you have the protocol layer of Ethereum.

This is a world computer you can't shut down and you can't turn off.

“It is very possible that … one machine would suffice to solve all the problems … of the whole [world]”

– Sir Charles Darwin, 1946*

I'm confident that 2016 will be the year of the Ethereum virtual machine. So confident infact, that on February 17th I invested another 100 bitcoin.

Then I made our newest offering, the Ethereum Technology Course, open for preregistration at a 50% discount.

It has been said that the definition of insanity is doing the same thing repeatedly while expecting different results. If you were a skeptic during the Ethereum crowdsale, don't overlook this opportunity I am presenting you today. This is a technology which could usher in the next wave of internet-enabled innovation. The people who jump on this technology without hesitation, will have a first-mover advantage echoing the 90s internet boom which gave rise to many of the tech giants we glorify today.

This is the first fully-featured Ethereum technology course on the market. I can personally guarantee you that we will not stop improving the course content until it meets the standard of excellence you've come to expect from the Diginomics brand. I myself am currently working on an application using the Ethereum platform, and therefore you can expect this course to appeal to those with similar endeavors.

I cannot say with certainty what the price of registration will be when the course is completed. This is because we are still in the preregistration process. However, I can tell you that we will be increasing the price of registration during the month of March. For this I make no apologies. If you are reading this now and the 50% preregistration is still in effect, that means you have a chance to lock your place in this course at a heavy discount.

You can either claim your spot today and realize a ROI which dwarfs the price of registration or you can watch from the sidelines as this technology eats every job function from accounting to judicial law.

Registrants will be granted lifetime access to course content as we continue to improve the materials. Registrants will also have the option of completing a final exam and earning course accreditation, where it will be uploaded onto the bitcoin blockchain.

Don't miss this window of opportunity.

More millionaires will be made with Ethereum than any other technology in human history.

Travis Patron

Bitcoin / Conferences
« on: January 07, 2016, 02:40:34 PM »

Bitcoin / The Bitcoin Gospel [Documentary]
« on: November 18, 2015, 08:04:18 PM »
[Watch] - The Bitcoin Gospel

"A devoted group of entrepreneurs and activists believe they see the writing on the wall, and they're determined to add a new chapter. In their view, the world banks and governments harbor too much control over the financial vitality of the masses. But what if an ordinary citizen could bypass all the regulation and manipulation of the financial industry to become their own bank? The insightful new documentary The Bitcoin Gospel examines one such method for making this hypothetical a tangible reality.

The concept took hold in 2009 following the global financial crisis of the previous year. Rising from the ashes of that catastrophe, Bitcoin represented a tidal shift in the way we procure, save and spend money without involvement or interference from banks or other mediators. In short, this exciting new digital currency held the promise of a world in which we would no longer be slaves to the financial elite. Consumers could buy and sell goods anywhere around the world without the constrictions of currency exchange or conversion.

While the popularity of Bitcoin has blossomed since its initial inception, the system has faced significant hurdles and adversity along the way and a number of setbacks are now beginning to come into focus. In cutting out the middleman, Bitcoin provides an escape from the burdensome fees that banks and other institutions normally charge for traditional transactions. But that anonymity comes at a price; it may appeal to most users for their legitimate every day transactions, but it can also empower greater flexibility for criminal activities to flourish.

Detractors also claim that the rising prominence of Bitcoin has inspired exactly the sort of elitist society the system was devised to defeat. As a result of these and other concerns, the currency has inspired the critical eye of government legislators and major players from the monetary sector.

The Bitcoin Gospel covers all of these issues and more in admirably even-handed fashion. According to the evidence and testimony presented in the film, and in spite of its myriad of potential defects, Bitcoin represents a growing movement of citizens who want to redefine the nature of capitalism on a global scale."

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