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From: bankingreform
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  • I believe in some cases "FREE" is great. First because 'eyeballs" have value. The more eyeballs you have the attention of the more evolution you can cause to be. Free gets the eyeballs NOW and then the advertisers take over and the disruptive technology begins.

  • Simon, making things free doesn't cause unemployment. Overpopulation causes unemployment. I'll leave it to you to figure out what causes overpopulation.

  • @benjamindees All the people in the world can fit into the size of TEXAS at the same population density as Japan. Population is not the problem, DEBT SLAVERY and helping out instead of helping up IS!

  • 12 minutes already ... he did not say anything usefull

  • @santaflash What were you looking for?

    We are in the middle of the mission and strategy of how others did it is very important. No?

    Simon Dixon

  • @bankingreform If you will look close at next 3 technologies you don't need to look further - Bitcoin, Open Transactions, Ripple pay. The question is - what is the best entry/apply point for them today to start replacing regular banking...

  • @santaflash That is why I presented at Bitcoin to discuss strategies for getting further adoption.

    We were looking at integrating Bitcoin into BankToTheFuture in the next development round.

    The challenge is that technology people are driving the marketing. It requires some better marketing and that involves understanding what the customers want.

    That is where the journey begins. The usability needs a lot of work and the anonymous thing is something most people dont want.

  • @bankingreform btw, did you hear about Hawala, they don't have banks but transfer billions of USD around... they don't need banking reforms...

  • @santaflash Amazing. How did that happen. Were they using SMS systems. I am very interested to hear more,.

    Thanks for sharing.

    Simon Dixon

  • @bankingreform they were using fax, phone and email. Look about it at Wikipedia. Sorry for being harsh but I did not see anything new in your talk, however, you have spent a lot of time studying this subject and your knowledge can be very valuable in finding weak place where Bitcoin can win easily

  • The Greed of Man will always outweigh the Need of Man. It's more Luciferian than anything else. "Do what thou wilt, shall be the whole of the Law" Aleister Crowley and the Thule Society. This is how the world system is based on. It's sewn into the thinking of men and in the ways of society without you even knowing it. It's so engrained in the hearts and mind of the people, fighting it causes what is known as a "Catch 22". No one can fix what is part of the human condition, only thru Jesus.

  • Is there a part 2?

  • @pirucreek Part 2 is in the book when it comes out 'Bank To The Future: Protect Your Future Before Governments Go Bust'

    The camera cut out during the second half unfortunately :-(

    Simon Dixon

  • I would not worry about open source. Suppose you have a software developer, a home builder, a painter, and a home builder as part of the economy. Suddenly the software developer loses his job to open source. The software developer can get a job in the existing economy, say it is home building. Now instead of a 50 hour work week the home builder is currently doing, they each have a 25 hour work week. With the free time, one of them starts an eco-tourism business.

  • @pirucreek I hear you. More businesses can get set up for free. On the macro scale though there is a massive drive towards technology replacing humans which is leading to less and less opportnity for humans. Great for entrepreneurs and businesses like me, but I worry for those that are not natural born entrepreneurs, they are going to find it very challenging to make the shift and there are many more people like this today.

    I guess the developing world have been like this for years though.

  • People do not need 'jobs', what they need is independence. Having a job is not always the same as being independent, and independence means different things to different people.

  • @TheIrony2013 As an entrepreneur myself, I am with you. But I also know how hard it can be to achieve financial independence or be in business. Not everybody has the risk profile or desire to do it. Many do need jobs and have no idea how to achieve such independence. The world is made up of many different people.

    Thanks for your comments.

    Simon Dixon

  • @bankingreform I could easily envision a society where people do not have to work, did not need to ‘conduct business’, nor need for ‘financial independence’ or even entrepreneurs, and still everyone still have their needs taken care of. That is why I am attracted to technology. It bothers me when people they think they need to work. Their 'work' is what's making the rich get richer and themselves poorer. Ones labor is owed to no one other than yourself. Why do they give away their power?

  • Is this a first part of some bigger talk? Tittle does not implies anything like this.

    BTW. Free Software is good for economy, and being concerned about it "killing jobs" is like being concerned that robot automation kills the jobs in the manufacturing. The point of economy is creating goods, not jobs. Talking stuff like this is absurd and I could equivalently say that your banking reforms will kill the very nice job position for bank employees.

  • @dciezarkiewicz You make a good point, one I talk about in my book, free does kill jobs and a lot of people are going to suffer as most innovation is designed with the specific intention of replacing jobs with technology to lower costs, including my businesses and reforms. It is going to be a real challenge for many as we move to an economy centred around entrepreneurship, freelancing and contracting. The job market will never turn around.

  • @bankingreform Inertia of job market and people making their living on possessing some skills that are not needed anymore is always a problem, but it does not make whole change bad. And Free Software does not really "kill jobs" as programmers are still needed. It's only a business model that needs to adapt, and as a programmer utilizing and making money on using and writing free software, I don't see a problem with FLOSS.

  • @bankingreform

    I do not believe people need 'jobs'; what they need is independence. Having a job is not necessarily the same as being independent, and independence means different things to different people. A bum could feel far more independent and self-reliant than someone struggling to hold a job they don’t like. Being able to live without needing a job is far more desireable than being dependant on having one. 'Self reliance', or being able to manifest ones needs is what is important.

  • @bankingreform Free Software does not mean free in the usual sense of no cost, but free as in liberty. The issue is not price, but freedom. These are people that believe that we live in a science based, technological based society, and it is a dangerous situation when these technologies that occupy our lives are secret. That their functioning is kept hidden from the general public that depend on them.

  • @BoxxyBrassin Thanks for sharing. Are you an advocate of a resource based economy?

    The main challenge is that when you combine free with a monetary economy it does not work, but a fully resourced based economy can only work if done at the local level with a team of contributors or at the governmental level where the whole country opts in.

    Big job persuading the government to play, so expanding the local level seems like the ideal.

    The needs a great team of talent and funding to get moving.

  • @bankingreform You are clearly confused. Free = freedom, not free = no cost software. Read Wikipedia. Blocking the sharing of technology through regulation, copyrights, trademarks, patents and law is not capitalism. Free software has nothing to do with the cost of software.

  • @BoxxyBrassin When I talk about free, I am not talking about one particular example of free software. I am talking about a general trend that today people expect everything for free as we live in an economy centered around a younger generation that dont want to pay for things. On the macro scale this means businesses are offering more for free and laying off staff and replacing them with technology. The net effect is mass unemployment on the macro scale.

  • @bankingreform You say free culture cannot work. Dubious claim at best.

    Free software projects: Wikipedia, Linux, Mozilla Firefox, Java, Google Chrome, Wikileaks, Bitcoin, BitTorrent, THE WEB.

    Companies oriented around Free Software: Google/YouTube, IBM, Facebook, Novell, Oracle/Sun, Yahoo, Red Hat, Apple (Safari's WebKit and Mac is built off BSD)

    Free Software is a huge driver of the software industry.

  • @BoxxyBrassin I agree they work very well on the micro scale, but Google etc. is only free because it is paid for by advertisers etc and wikipedia paid for by donators. Everything has to be paid for some how in a money based economy, just because it is free for you does not mean it is free. Businesses have to pay wages some how?

  • @bankingreform Again you go back to money. Free does not refer to the cost, it refers to freedom. You mentioned in your talk the 'free movement' and responded to comments here about open-source. Now you change your stance to say you're talking about free as in no-cost... Whatever. I think you just don't understand technology and the digital marketplace you're talking about.

  • @BoxxyBrassin I talk about free as in money because that is what I was reefing to in the video, it may have come across in a different way, but I was never talking about freedom.

    I may not know everything about technology, but I employ a lot of technology people and am involved in technology start-ups. I am talking from an economic point, so I think it may have been mis communicated to you.

    I am curious, what is it that you do?

  • love your statement on revolution vs. evolution... great stuff

  • @etzel33 Thanks. Revolutions are pretty radicle, but I fear we are heading for one in 2017 after analysing the charts on this new years day.

    Thanks for your support.

    Simon Dixon

  • wow he lacks charisma

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