A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Wednesday, 9 May 2018
Tuesday, 8 May 2018
I'd like to know how many of you think that the world sits at a major tipping point economically, financially, socially, and politically?
'The brilliance
behind blockchain is that governments in their current form are rendered
obsolete as the technology eliminates the need for trusted third parties
(TTPs). Ed Seykota writes that governments have always controlled by
initially reducing then quashing productivity and freedom, and details his
point nicely in his book "Govopoly in the 39th Day". 39th day is the analogy
to duckweed in pond ecosystems. Duckweed doubles each day so goes unnoticed
the first 25 or so days. But by the time it is noticed, it is too late to
reverse its course. On the 40th day, duckweed strangles all life in the pond.
Seykota equates the current systems of government to being one day away from
the 40th day given the beyond onerous levels of regulation, taxation, and
unjust rights-crippling laws not just in third world countries but also in
first world nations. The world sits at a major tipping point economically,
financially, socially, and politically.'
Saturday, 5 May 2018
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