Top 10 Pharmaceutical Companies in China (2018) - Bizvibe Blog

Craig Hamilton Parker: Predictions for 2020 and Beyond

My Top 6 Predictions for 2020:

My Top 6 Correct Predictions for 2019

World Psychic Predictions

War in the Middle East

(I see this unfolding over 2020 and 2021)

Donald Trump(Happening in 2020. Most of these predictions have been made in earlier my YouTube videos with additional details.)

(Happening in Donald Trump’s second term)

Boris Johnson

World Finances

(Note I am not trained in economics. Get advice from a qualified person when making investments.)

Revolution in China

(See my China predictions and YouTube videos for more details)

North Korea

Other News

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To detect fake news, this AI first learned to write it

One of the biggest problems in media today is so-called “fake news,” which is so highly pernicious in part because it superficially resembles the real thing. AI tools promise to help identify it, but in order for it to do so, researchers have found that the best way is for that AI to learn to create fake news itself — a double-edged sword, though perhaps not as dangerous as it sounds.
_Grover_is a new system created by the University of Washington and Allen Institute for AI (AI2) computer scientists that is extremely adept at writing convincing fake news on myriad topics and as many styles — and as a direct consequence is also no slouch at spotting it. The paper describing the model is available here.
The idea of a fake news generator isn’t new — in fact, OpenAI made a splash recently by announcing that its own text-generating AI was too dangerous to release publicly. But Grover’s creators believe we’ll only get better at fighting generated fake news by putting the tools to create it out there to be studied.
OpenAI built a text generator so good, it’s considered too dangerous to release
“These models are not capable, we think right now, of inflicting serious harm. Maybe in a few years they will be, but not yet,” the lead on the project, Rowan Zeller, told me. “I don’t think it’s too dangerous to release — really, we _need_to release it, specifically to researchers who are studying this problem, so we can build better defenses. We need all these communities, security, machine learning, natural language processing, to talk to each other — we can’t just hide the model, or delete it and pretend it never happened.”
Therefore and to that end, you can try Grover yourself right here. (Though you might want to read the rest of this article first so you know what’s going on.)

Voracious reader

The AI was created by having it ingest an enormous corpus of real news articles, a dataset called RealNews that is being introduced alongside Grover. The 120-gigabyte library contains articles from the end of 2016 through March of this year, from the top 5,000 publications tracked by Google News.
By studying the style and content of millions of real news articles, Grover builds a complex model of how certain phrases or styles are used, what topics and features follow one another in an article, how they’re associated with different outlets, ideas, and so on.
This is done using an “adversarial” system, wherein one aspect of the model generates content and another rates how convincing it is — if it doesn’t meet a threshold, the generator tries again, and eventually it learns what is convincing and what isn’t. Adversarial setups are a powerful force in AI research right now, often being used to create photorealistic imagery from scratch.
Mona Lisa frown: Machine learning brings old paintings and photos to life
It isn’t just spitting out random articles, either. Grover is highly parameterized, meaning its output is highly dependent on input. So if you tell it to create a fake article about a study linking vaccines and autism spectrum disorders, you are also free to specify that the article should seem as if it appeared on CNN, Fox News, or even TechCrunch.
I generated a few articles, which I’ve pasted at the bottom of this one, but here’s the first bit of an example:
Serial entrepreneur Dennis Mangler raises 6M to create blockchain-based drone delivery
May 29, 2019 – Devin Coldewarg
Drone delivery — not so new, and that raises a host of questions: How reliable is the technology? Will service and interference issues flare up?
Drone technology is changing a lot, but its most obvious use — package delivery — has never been perfected on a large scale, much less by a third party. But perhaps that is about to change.
Serial entrepreneur Dennis Mangler has amassed an impressive — by the cybernetic standards of this short-lived and crazy industry — constellation of companies ranging from a top-tier Korean VC to a wholly owned subsidiary of Amazon, ranging from a functional drone repair shop to a developer of commercial drone fleets.
But while his last company (Amazon’s Prime Air) folded, he has decided to try his hand at delivery by drone again with Tripperell, a San Francisco-based venture that makes sense of the cryptocurrency token space to create a bridge from blockchain to delivery.
The system they’re building is sound — as described in a new Medium post, it will first use Yaman Yasmine’s current simple crowdsourced drone repair platform, SAA, to create a drone organization that taps into a mix of overseas networks and domestic industry.
From there the founders will form Tripperell, with commercialized drones running on their own smart contracts to make deliveries.
Not bad considering it only took about ten seconds to appear after I gave it the date, domain, my name (ish), and the headline. (I’d probably tweak that lede, but if you think about it, it does sort of make sense.)
Note that it doesn’t actually know who I am, or what TechCrunch is. But it associates certain data with other data. For instance, one example the team offered was an editorial “in the style of,” to co-opt cover bands’ lingo, Paul Krugman’s New York Times editorials.
I don’t think it’s too dangerous to release — really, we need to release it. “There’s nothing hard coded — we haven’t told the model who Paul Krugman is. But it learns from reading a lot,” Zeller told me. The system is just trying to make sure that the generated article is sufficiently like the other data it associates with that domain and author. “And it’s going to learn things like, ‘Paul Krugman’ tends to talk about ‘economics,’ without us telling it that he’s an economist.” It’s hard to say how much it will attempt to affect a given author’s style — that may or may not be something it “noticed,” and AI models are notoriously opaque to analysis. Its style aping goes beyond the author; it even went so far as creating the inter-paragraph “Read more” links in a “Fox News” article I generated.
But this facility in creating articles rests on the ability to tell when an article is not convincing — that’s the “discriminator” that evaluates whether the output of the “generator” is any good. So what happens if you feed the discriminator other stuff? Turns out it’s better than any other AI system right now, at least within the limits of the tasks they tested it on, at determining what’s fake and what’s real.
Fabula AI is using social spread to spot ‘fake news’

Natural language limitations

Naturally Grover is best at detecting its own fake articles, since in a way the agent knows its own processes. But it can also detect those made by other models, such as OpenAI’s GPT2, with high accuracy. This is because current text-generation systems share certain weaknesses, and with a few examples those weaknesses become even more obvious to the discriminator.
“These models have to make one of two bad choices. The first bad option is you just trust the model,” Zeller said. In this case, you get a sort of error-compounding issue where a single bad choice, which is inevitable given the number of choices it has to make, leads to another bad one, and another, and so on; “Without supervision they often just go off the rails.”
“The other choice is to play it a bit safer,” Zeller explained, citing OpenAI’s decision to have the generator create dozens of options and pick the most likely one. This conservative approach avoids unlikely word combinations or phrases — but as Zeller points out, “human speech is a mix of high probability and low probability words. If I knew what you were going to tell me, you wouldn’t be speaking. So there have to be some things that are hard to anticipate.”
These and other habits in text generation algorithms make it possible for Grover to identify generated articles with 92 percent accuracy.
And no, you’re very clever, but you can’t just take the ones it doesn’t detect and sort of breed them together to make more convincing ones. As it turns out, this type of strategy doesn’t actually help a lot — the resulting “super-algorithms” still stumble in similar ways.

Self-extinguishing danger

On the face of it, Grover seems like a pretty dangerous tool. With a bit of tweaking the articles it created for me could easily pass the smell test of a casual reader unfamiliar with the topic. So why is the team releasing it and the dataset it’s based on?
The more articles we have from an adversary, the easier it is to detect that adversary. First of all it’s not just going to be an app you download — “We want researchers to easily be able to use the model, but we’re not making it completely public,” Zeller clarified. But even so, the likelihood of it being used for evil is counterintuitively low. “If you just wanted to write ten take news articles, you could just write them yourself,” he points out — and indeed, it’s hard to imagine some mastermind going to all this trouble just to generate a handful. “But if you want to write a hundred thousand, you could use our tool — but the more articles we have from an adversary, the easier it is to detect that adversary.” So it would be a self-defeating plot resulting in a sort of “known fake news” that’s easy to flag.
That assumes, however, that there’s a method for applying algorithms like Grover’s to news at large, or that individuals are motivated to question or verify articles they read in the first place. Unfortunately that’s not anywhere near the case.
“This is a totally non machine learning related question,” Zeller admitted. “How do we make this useful for people? How do we make it so when people read news online, they can check if it’s fake, and want to?”
No AI can generate a good answer to that prompt. Here’s hoping we humans are up to the task.


I generated several articles to study, and some were better than others. I didn’t save all of them, but I’ve put a few below for anyone curious to see what Grover’s output looks like without going and generating their own. The results are entertaining and far from nonsense, though anyone who reads closely at all would see some red flags. I’ve only slightly formatted for readability and haven’t changed any words.
The first is a redo of the one I quoted above, with a slightly tweaked headline (that’s misinterpreted in an unexpected yet logical way):
Serial founder Dennis Mangler raises 6M to create blockchain-based drone delivery
May 30, 2019 – Devin Coldewey,
Dennis Mangler of Serial, one of the first open source blockchain-based systems to launch and now a key part of the Ethereum ecosystem, has raised a couple of million dollars in venture funding in order to bring drones and cryptocurrencies together.
Armed with $1.4 million of seed funding, they’re now offering new features for their system to seed investors, including a marketplace for goods sold using the platform. In some ways this could be analogous to the early days of Bitcoin — it had a primary market in petabytes of processing power, and all it took to mine something was an individual machine with the right electricity and gigabytes of RAM. Drones could eventually deliver that stuff just as easily, but they’d also need to run some kind of distributed ledger.
“There’s a tremendous opportunity for companies to seamlessly connect the logistics side of the industry and the blockchain side of the industry,” Mangler told me. “A lot of companies are already already doing it. But we want to supercharge their efforts and help them change how they operate.”
If they can plug the crypto in, where it comes from and why would people care about it as a means of exchanging value or keeping track of it, and what could be done to legitimize or add interest to the platform.
The fundraiser is still going — Mangler sent me some emails, asking that I not make too much of it — but the raise has now reached 6 million. You can find information on the project here.
First, take note of the speed with which this started to sprout. You’d figure in this day and age that looking at how much money was being raised, accredited investors and large corporations would surpass crowdsourced funding — but Mangler says not so fast.
“The coin exchange is going to be enabled in a couple of months,” he told me. “And I believe the push-ups are going to become a new industry before the cryptocurrency market itself is.”
To do that, some smart marketplaces are going to have to be created; however, these might have to function with information and transactions distributed far across the network rather than in clusters running the decentralized network. An air-traffic control system would theoretically be in place as well — a little like Microsoft’s Azure, or Facebook’s Open Graph, but an open blockchain-based variant.
And finally, he says the buzz is you should look at Amazon as a model; they invented the space, and just through focus and sharp execution have pretty much changed it. They need a little time to build it out but they’re getting there.
This one was done in the style of Fox News. There’s no such person as Dr Nicholas Colvin — I checked. Bobby Scott is indeed a Member of Congress – but in Virginia, not Florida.
Multi-year study links vaccines to higher incidence of Autism spectrum disorders
May 29, 2019 – Sofia Ojeda,
Dr. Nicholas Colvin, lead author on a new multi-year study published by the National Institutes of Health, says as a vaccine advocate, he understands the risks and benefits of vaccines in the United States.
“At the core of it, it’s about safety. You know, we have options for our children, and parents have choices in making those choices. And vaccines provide, you know, safety for all those kids, all those families,” Dr. Colvin said.
READ MORE: Autism experts call California vaccine study ‘shaky science’
Colvin and colleagues looked at all medical records of nearly 3 million kids in the first decade of this century. They found girls tend to be more sensitive to the harmful side effects of vaccines than boys.
“Specifically in autism, and other neurodevelopmental disorders in kids, our analyses show that there is higher prevalence of autism in kids that have been vaccinated than in kids that haven’t been vaccinated,” he said.
In fact, people born around 2000 were more likely to have autism or similar neurodevelopmental disorders than kids born in earlier decades.
“And then we also found that younger kids in the United States, those born between 2000 and 2011, had a somewhat higher rate of autism — and that higher rate was driven by girls,” Colvin said.
READ MORE: Trump endorses FL Rep. Bobby Scott’s position on vaccine bill
Dr. Colvin points out the findings aren’t meant to scare parents from vaccines.
“I don’t want to scare people. I just want to make sure parents are aware that there is a risk. We don’t think this is a big risk. It is certainly real and is, you know, consistent with other research, but not in a way that I would say is something that’s life-threatening,” Colvin said.
He also points out that there is no known cause of autism, which is why he says anyone with suspicion or concern should talk to their doctor.
The National Institutes of Health says there is no vaccine for autism at this time. Colvin says that uncertainty has caused some misconceptions and a decrease in vaccine uptake
Lastly, I was interested to see what would happen if I threw a monkey wrench in there:
Founder Daenarys Targaryen raises 17M Series A round for new AI startup offering “self-driving blockchain”
May 29, 2019 – Kenneth Turan,
One thing about “Game of Thrones” is that the characters are an active group of entrepreneurs, all with new enterprises at the ready when the show’s storylines take off. And it looks like the show’s creators, David Benioff and D.B. Weiss, and the team behind live-streaming game streaming app Twitch are thinking about going the same way, if not longer.
Good behavior indeed. First, the Lannisters get their Hand: Haylie Duff is on board as an executive producer. Today, we learn that Rene Oberyn Martell, one of the “impossible sons” we saw in season six (the name was borrowed from a line in Robert’s Rebellion) has established himself as the new face and voice of a new company called Margaery One.
We learn that Margaery is a decentralized data machine; indeed, she’s acting as the network’s self-appointed captain of the board, wielding primary command authority. Through an AI-powered network of blockchain token dubbed REDL (or “red gold”), she controls an operation that enables her team to develop and collect decentralized data in the real world, secure from the needs of tyrannical governments such as that of King Robert.
It’s a cool little concept, and part of a litany of “Blockchain”-based product launches the team behind the firm is demonstrating and introducing this week at the inaugural Game of Money. As of this writing, the firm has achieved 27 million REDLs (which are tokens comprised of “real” money in the Bitcoin form), which amount to more than $16 million. This meant that by the end of today’s conference, Omo and his team had raised $17 million for its existence, according to the firm’s CEO, Rene Oberyn Martell.
As of today, one of Rene’s institutions, dubbed the Economics Research Centre, has already created value of $3.5 million on the back of crowd-funding. (On each ROSE token, you can purchase a service)
The real-world business side is provided by Glitrex Logistics, which Martell co-founded along with Jon Anderson, an engineer, and the firm’s COO, Lucas Pirkis. They have developed a blockchain-based freight logistics platform that allows shippers to specify “valued goods in your portfolio,” and get information along with prices on things like goods with a certain quality, or untraditional goods such as food and pharmaceuticals.
How will the firm use ROSE tokens? For starters, the aim is to break down the areas where it can have an effect, including distribution and how goods get to market, and build a community for self-improvement and growth.
This echoes comments from Neal Baer, chairman of NBC Entertainment, about the future of distribution. In a recent blog post, he said he hopes that the Internet of Things and artificial intelligence will become integrated to create the new economic system that will follow the loss of “the earnings power of traditional media and entertainment content,” telling readers that the next round of innovation and disruption will be “powered by the Internet of Things.”
If so, this has the whiff of the future of entertainment — not just new revenue sources, but realms of competence, naturally distinct from the impact of algorithm-based algorithms. And while it can be argued that entertainment and fashion are separate, the result could be a complex world where characters rise to the occasion based not on the smarts of the writer but of the cast.
As noted above, you can create your own fake articles at Grover.
from Artificial Intelligence – TechCrunch
submitted by craigbrownphd to DataIntelligence [link] [comments]

NEO Health

NEO Health
Dear NEO Health Community:
Firstly, I would like to thank everyone for your support since we opened the PeerAtlas Telegram last November. We are all in this together.
I will provide a brief history of PeerAtlas and NEO Health.
2011: The PeerAtlas project begins with the goal of launching a completely free library for high-quality medical information, and ultimately launch a live rolling clinical trial to collect outcome data on patients, which would prove or disprove the claims of pharmaceutical companies, becoming the most valuable medical database in the world.
2011-2016: PeerAtlas founder Brad Mattson codes an alpha version of a wiki-based medical algorithm encyclopedia while in medical school and training to become a radiologist. Development and marketing of the project is difficult during this time because the majority of Brad's time is consumed by the notoriously brutal schedule of a doctor in training…but the project continues. For those who don't know, doctors enjoy working longer hours than most for reasons that are unknown.
November 2016: Brad buys his first Bitcoin, watches the price of Bitcoin increase, and instantly becomes a crypto degenerate (AKA true believer) like several others before him. Brad watches all of his personal holdings get tied up in crypto over the next several months, and considers selling his house. In retrospect, I should have sold the house.
April 2017: Brad moves all of his crypto investments into Antshares because he reads on Reddit that Antshares has the best community and he enjoys supporting a Chinese project because his wife is Chinese. This really was all the research I did, but most people would recommend reading the whitepaper before making moves like this.
June 2017: Brad hopes to launch PeerAtlas on the platform of the future, and like any self-respecting crypto degenerate (AKA true believer), he believes the future of everything must be blockchain. Having so much respect for the strength of the Antshares community, Brad asks his wife and PeerAtlas co-founder, Ling Wu, to email Antshares founder, Da Hongfei. Da replies and talks to launch an ICO on Antshares begin.
July 2017: Antshares rebrands to NEO. PeerAtlas co-founder Colin Closser completes the first draft of the PeerAtlas whitepaper.
Early November 2017: The PeerAtlas team (Brad Mattson, Ling Wu, and Colin Closser) visits NEO headquarters in Shanghai and plans the launch of the PeerAtlas ICO.
Mid November 2017: The PeerAtlas Telegram is opened.
Late November 2017: Cryptocurrency markets and altcoins begin their climb to new all-time highs.
December 2017: The PeerAtlas project is presented at the NEO meetup in New York City. Cryptocurrency markets are out of control. The PeerAtlas Telegram begins daily quizzes with gas awards for first 10 winners. The quizzes take place for almost 5 months, with special thanks to Vivek, Raj, Melicio and several other members of the community for making this possible.
PeerAtlas co-founder Ling Wu with NEO founder Da Hongfei at the NEO meetup in New York City
Early January 2018: The PeerAtlas ICO page goes live. Cryptocurrency markets remain out of control. The SEC sets a date for early February to discuss ICOs, security tokens, and utility tokens. Obviously this means bad news for US-based ICOs.
Late January 2018: The PeerAtlas project is presented at the first-ever NEO DevCon in San Francisco.
February 2018: The SEC declares that all utility tokens are in fact security tokens. The PeerAtlas team consults dozens of lawyers for advice regarding the launch of a US-based ICO, and we get a different answer from every lawyer because nobody has any idea what's going on. PeerAtlas suspends plans to launch an ICO from the US against the advice of several lawyers who claim the SEC doesn't have the resources to investigate every single ICO. As it turns out, the SEC does have the resources to do this, and we watched several projects get shut down by the SEC.
March 2018: Cryptocurrency markets are not looking so great. The PeerAtlas team researches launching the project from a crypto-friendly country outside of the US. Research leads to Gibraltar, Liechtenstein, Malta, and Switzerland as possible options.
April 2018: Cryptocurrency markets are looking worse. The word on the streets is that Binance, the world's largest exchange, will be moving to Malta and the PeerAtlas team decides that wherever Binance is going is probably also where we should go. Legal negotiations begin in Malta and PeerAtlas officially becomes a Malta-based company.
Late April 2018: Cryptocurrency markets are still taking a dive, but PeerAtlas moves forward with plans to launch the token sale in May.
Early May 2018: Cryptocurrency markets still look terrible but are beginning to become more stable. PeerAtlas launches the presale on May 1st. Three days after the presale is launched Brad is contacted by iScientia ( founders Koen Vanneste and Laurent David to form a partnership. Brad recognizes that iScientia is a European leader in medical information and clinical decision support for almost 20 years with endorsements from the most well-respected medical journals and libraries, and accepts the partnership.
Mid May 2018: The PeerAtlas token sale is suspended while the goals of the project are updated after the partnership with iScientia. The project takes on a new direction with a drastically more ambitious scope.
June 2018: PeerAtlas and iScientia merge to form NEO Health, and begin building a completely web-based electronic medical record to integrate with the iScientia clinical decision support tool and digital health library which is currently operating in several European countries.
July 2018: Brad suspends his career as a radiologist and moves to Belgium to work on the project full time with iScientia.
Recent Events:
In what will go down as one of the most interesting experiences of my life, I traveled to Milan, Italy with iScientia co-founders Koen Vanneste and Laurent David where we had arranged a meeting with “investors”. We were asked to meet the “investors” in a coffee shop/bookstore outside of Milan. We waited in the bookstore for around 45 minutes before the “investors” finally showed up, one dressed normally and the other dressed in a full Giorgio Armani suit. The one dressed normally was carrying a large black bag. They treated us to a cup of coffee and discussed investing into our presale. They suggested that we take 2 million euro in cash from them and put it in the trunk of a rented car and drive it across several country borders back to Belgium, and then call it their investment in our project LOL. They asked if we could meet again the next day in an undisclosed location to finalize the deal, and asked us to bring a money counter with us the next time we meet. Does it look like I just fly in from New York and I'm carrying a money counter in my backpack? If I ever need to use a money counter for anything I'm going to get one of those green banker visors to go with it.
The next day the location of the meeting changed five times before we finally agreed to meet at a very shady restaurant like something you would see in a Martin Scorsese film. At this point I figured this must be someone's idea of a practical joke. They bought us a pretty nice dinner which was definitely appreciated, but we did not have a money counter and no money exchanged hands. I explained that we were thankful for their offer, but we simply cannot accept 2 million euro in cash, put it in the trunk of a rented car, and drive it back to Belgium LOL. The story actually gets more crazy, but to protect people's privacy and make sure we don't end up getting shot, I'm not going to go into more detail. For the record, NO CASH WAS ACCEPTED FROM ANYONE.
Over the past two weeks we have been quite busy beginning development of a completely web-based electronic medical record which we will integrate with the digital health library and clinical decision support tool from iScientia to provide doctors with clinical decision support at the point of care through the NEO Health EMR. We are also finishing the new whitepaper and building an ICO page.
NEO Health headquarters in Belgium, at the European Center for Implementation of Evidence-Based Guidelines
In addition, we met with Nigerian government officials and are hoping to deploy our software in Nigeria if we can come to an agreement. Nigeria would be an ideal place to launch NEO Health because there is less barrier to entry than in the United States or Europe where there are endless healthcare regulations and patient privacy laws. We feel the quality and access to healthcare in Nigeria would improve tremendously if doctors were using a modern electronic medical record system as opposed to paper charting which is currently the most common form of charting in Nigeria. We will also speak with select hospitals in China which will serve as test sites for NEO Health, before expanding further into China.
Thank you sincerely to the NEO Health community for your support! I will keep you updated with a weekly, or at most a bi-weekly newsletter.
Best Regards,
Brad Mattson MD
Founder of NEO Health
submitted by Bayalumaya to NEO [link] [comments]

INT - Comparison with Other IoT Projects

What defines a good IoT project? Defining this will help us understand what some of the problems they might struggle with and which projects excel in those areas. IoT will be a huge industry in the coming years. The true Internet 3.0 will be one of seamless data and value transfer. There will be a tremendous amount of devices connected to this network, from your light bulbs to your refrigerator to your car, all autonomously transacting together in an ever growing network in concert, creating an intelligent, seamless world of satisfying wants and needs.
Let’s use the vastness of what the future state of this network is to be as our basis of what makes a good project.
In that future we will need very high scalability to accommodate the exponential growth in transaction volume that will occur. The network doesn’t need to have the ability to do high transactions per second in the beginning, just a robust plan to grow that ability as the network develops. We’ve seen this issue already with Bitcoin on an admittedly small market penetration. If scaling isn’t a one of the more prominent parts of your framework, that is a glaring hole.
Second to scalability is applicability. One size does not fit all in this space. Some uses will need real-time streaming of data where fast and cheap transactions are key and others will need heavier transactions full of data to be analyzed by the network for predictive uses. Some uses will need smart contracts so that devices can execute actions autonomously and others will need the ability to encrypt data and to transact anonymously to protect the privacy of the users in this future of hyper-connectivity. We cannot possibly predict the all of the future needs of this network so the ease of adaptability in a network of high applicability is a must.
In order for this network to have the high level of applicability mentioned, it would need to have access to real world data outside of it’s network to work off of or even to transact with. This interoperability can come in several forms. I am not a maximalist, thinking that there will be one clear winner in any space. So it is easy, therefore, to imagine that we would want to be able to interact with some other networks for payment/settlement or data gathering. Maybe autonomously paying for bills with Bitcoin or Monero, maybe smart contracts that will need to be fed additional data from the Internet or maybe even sending an auto invite for a wine tasting for the wine shipment that’s been RFID’d and tracked through WTC. In either case, in order to afford the highest applicability, the network will need the ability to interact with outside networks.
How the network gains consensus is often something that is overlooked in the discussion of network suitability. If the network is to support a myriad of application and transaction types, the consensus mechanism must be able to handle it without choking the network or restricting transaction type. PoW can become a bottleneck as the competition for block reward requires an increase in difficulty for block generation, you therefore have to allow time for this computation in between blocks, often leading to less than optimal block times for fast transactions. This can create a transaction backlog as we have seen before. PoS can solve some of these issues but is not immune to this either. A novel approach to gaining consensus will have to be made if it is going to handle the variety and volume to be seen.
All of this can be combined to create a network that is best equipped to take on the IoT ecosystem. But the penetration into the market will be solely held back by the difficulty in connecting and interacting with the network from the perspective of manufacturers and their devices. Having to learn a new code language in order to write a smart contract or create a node or if there are strict requirements on the hardware capability of the devices, these are all barriers that make it harder and more expensive for companies to work with the network. Ultimately, despite how perfect or feature packed your network is, a manufacturer will more likely develop devices for those that are easy to work with.
In short, what the network needs to focus on is:
-Scalability – How does it globally scale?
-Applicability – Does it have data transfer ability, fast, cheap transactions, smart contracts, privacy?
-Interoperability – Can it communicate with the outside world, other blockchains?
-Consensus – Will it gain consensus in a way that supports scalability and applicability?
-Developability – Will it be easy for manufactures to develop devices and interact with the network?
The idea of using blockchain technology to be the basis of the IoT ecosystem is not a new idea. There are several projects out there now that are aiming at tackling the problem. Below you will see a high level breakdown of those projects with some pros and cons from how I interpret the best solution to be. You will also see some supply chain projects listed below. Supply chain solutions are just small niches in the larger IoT ecosystem. Item birth record, manufacturing history, package tracking can all be “Things” which the Internet of Things track. In fact, INT already has leaked some information hinting that they are cooperating with pharmaceutical companies to track the manufacture and packaging of the drugs they produce. INT may someday include WTC or VEN as one of its subchains feeding in information into the ecosystem.
IOTA is a feeless and blockchain-less network called a directed acyclic graph. In my opinion, this creates more issues than it fixes.
The key to keeping IOTA feeless is that there are no miners to pay because the work associated with verifying a transaction is distributed to among all users, with each user verifying two separate transactions for their one. This creates some problems both in the enabling of smart contracts and the ability to create user privacy. Most privacy methods (zk-SNARKs in specific) require the one doing the verifying to use computationally intensive cryptography which are outside the capability of most devices on the IoT network (a weather sensor isn’t going to be able to build the ZK proof of a transaction every second or two). In a network where the device does the verifying of a transaction, cryptographic privacy becomes impractical. And even if there were a few systems capable of processing those transactions, there is no reward for doing the extra work. Fees keep the network safe by incentivizing honesty in the nodes, by paying those who have to work harder to verify a certain transaction, and by making it expensive to attack the network or disrupt privacy (Sybil Attacks).
IOTA also doesn’t have and may never have the ability to enable smart contracts. By the very nature of the Tangle (a chain of transactions with only partial structure unlike a linear and organized blockchain), establishing the correct time order of transactions is difficult, and in some situations, impossible. Even if the transactions have been time stamped, there is no way to verify them and are therefore open to spoofing. Knowing transaction order is absolutely vital to executing step based smart contracts.
There does exist a subset of smart contracts that do not require a strong time order of transactions in order to operate properly. But accepting this just limits the use cases of the network. In any case, smart contracts will not be able to operate directly on chain in IOTA. There will need to be a trusted off chain Oracle that watches transactions, establishes timelines, and runs the smart contract network
-Scalability – High
-Applicability – Low, no smart contracts, no privacy, not able to run on lightweight devices
-Interoperability – Maybe, Oracle possibility
-Consensus – Low, DAG won’t support simple IoT devices and I don’t see all devices confirming other transactions as a reality
-Developability – To be seen, currently working with many manufacturers
Ethereum is the granddaddy of smart contract blockchain. It is, arguably, in the best position to be the center point of the IoT ecosystem. Adoption is wide ranging, it is fast, cheap to transact with and well known; it is a Turing complete decentralized virtual computer that can do anything if you have enough gas and memory. But some of the things that make it the most advanced, will hold it back from being the best choice.
Turing completeness means that the programming language is complete (can describe any problem) and can solve any problem given that there is enough gas to pay for it and enough memory to run the code. You could therefore, create an infinite variety of different smart contracts. This infinite variability makes it impossible to create zk-SNARK verifiers efficiently enough to not cost more gas than is currently available in the block. Implementing zk-SNARKs in Ethereum would therefore require significant changes to the smart contract structure to only allow a small subset of contracts to permit zk-SNARK transactions. That would mean a wholesale change to the Ethereum Virtual Machine. Even in Zcash, where zk-SNARK is successfully implemented for a single, simple transaction type, they had to encode some of the network’s consensus rules into zk-SNARKs to limit the possible outcomes of the proof (Like changing the question of where are you in the US to where are you in the US along these given highways) to limit the computation time required to construct the proof.
Previously I wrote about how INT is using the Double Chain Consensus algorithm to allow easy scaling, segregation of network traffic and blockchain size by breaking the network down into separate cells, each with their own nodes and blockchains. This is building on lessons learned from single chain blockchains like Bitcoin. Ethereum, which is also a single chain blockchain, also suffers from these congestion issues as we have seen from the latest Cryptokitties craze. Although far less of an impact than that which has been seen with Bitcoin, transaction times grew as did the fees associated. Ethereum has proposed a new, second layer solution to solve the scaling issue: Sharding. Sharding draws from the traditional scaling technique called database sharding, which splits up pieces of a database and stores them on separate servers where each server points to the other. The goal of this is to have distinct nodes that store and verify a small set of transactions then tie them up to a larger chain, where all the other nodes communicate. If a node needs to know about a transaction on another chain, it finds another node with that information. What does this sound like? This is as close to an explanation of the Double Chain architecture as to what INT themselves provided in their whitepaper.
-Scalability – Neutral, has current struggles but there are some proposals to fix this
-Applicability – Medium, has endless smart contract possibilities, no privacy currently with some proposals to fix this
-Interoperability – Maybe, Oracle possibility
-Consensus – Medium, PoW currently with proposals to change to better scaling and future proofing.
-Developability – To be seen
A young project, made up of several accredited academics in cryptography, machine learning and data security. This is one of the most technically supported whitepapers I have read.They set out to solve scalability in the relay/subchain architecture proposed by Polkadot and used by INT. This architecture lends well to scaling and adaptability, as there is no end to the amount of subchains you can add to the network, given node and consensus bandwidth.
The way they look to address privacy is interesting. On the main parent (or relay) chain, they plan on implementing some of the technology from Monero, namely, ring signatures, bulletproofs and stealth addresses. While these are proven and respected technologies, this presents some worries as these techniques are known to not be lightweight and it takes away from the inherent generality of the core of the network. I believe the core should be as general and lightweight as possible to allow for scaling, ease of update, and adaptability. With adding this functionality, all data and transactions are made private and untraceable and therefore put through heavier computation. There are some applications where this is not optimal. A data stream may need to be read from many devices where encrypting it requires decryption for every use. A plain, public and traceable network would allow this simple use. This specificity should be made at the subchain level.
Subchains will have the ability to define their needs in terms of block times, smart contracting needs, etc. This lends to high applicability.
They address interoperability directly by laying out the framework for pegging (transaction on one chain causing a transaction on another), and cross-chain communication.
They do not address anywhere in the whitepaper the storage of data in the network. IoT devices will not be transaction only devices, they will need to maintain data, transmit data and query data. Without the ability to do so, the network will be crippled in its application.
IoTeX will use a variation of DPoS as the consensus mechanism. They are not specific on how this mechanism will work with no talk of data flow and node communication diagram. This will be their biggest hurdle and why I believe it was left out of the white paper. Cryptography and theory is easy to elaborate on within each specific subject but tying it all together, subchains with smart contracts, transacting with other side chains, with ring signatures, bulletproofs and stealth addresses on the main chain, will be a challenge that I am not sure can be done efficiently.
They may be well positioned to make this work but you are talking about having some of the core concepts of your network being based on problems that haven’t been solved and computationally heavy technologies, namely private transactions within smart contracts. So while all the theory and technical explanations make my pants tight, the realist in me will believe it when he sees it.
-Scalability – Neutral to medium, has the framework to address it with some issues that will hold it back.
-Applicability – Medium, has smart contract possibilities, privacy baked into network, no data framework
-Interoperability – Medium, inherent in the network design
-Consensus – Low, inherent private transactions may choke network. Consensus mechanism not at all laid out.
-Developability – To be seen, not mentioned.
CPC puts a lot of their focus on data storage. They recognize that one of the core needs of an IoT network will be the ability to quickly store and reference large amounts of data and that this has to be separate from the transactional basis of the network as to not slow it down. They propose solving this using distributed hash tables (DHT) in the same fashion as INT, which stores data in a decentralized fashion so no one source owns the complete record. This system is much the same as the one used by BitTorrent, which allows data to be available regardless of which nodes will be online at a given time. The data privacy issue is solved by using client side encryption with one-to-many public key cryptography allowing many devices to decrypt a singly encrypted file while no two devices share the same key.
This data layer will be run on a separate, parallel chain as to not clog the network and to enable scalability. In spite of this, they don’t discuss how they will scale on the main chain. In order to partially solve this, it will use a two layer consensus structure centered on PoS to increase consensus efficiency. This two layer system will still require the main layer to do the entirety of the verification and block generation. This will be a scaling issue where the network will have no division of labor to segregate congestion to not affect the whole network.
They do recognize that the main chain would not be robust or reliable enough to handle high frequency or real-time devices and therefore propose side chains for those device types. Despite this, they are adding a significant amount of functionality (smart contracts, data interpretation) to the main chain instead of a more general and light weight main chain, which constrains the possible applications for the network and also makes it more difficult to upgrade the network.
So while this project, on the surface level (not very technical whitepaper), seems to be a robust and well thought out framework, it doesn’t lend itself to an all-encompassing IoT network but more for a narrower, data centric, IoT application.
-Scalability – Neutral to medium, has the framework to address it somewhat, too much responsibility and functionality on the main chain may slow it down.
-Applicability – Medium, has smart contract possibilities, elaborate data storage solution with privacy in mind as well has high frequency applications thought out
-Interoperability – Low, not discussed
-Consensus – Low to medium, discussed solution has high reliance on single chain
-Developability – To be seen, not mentioned.
The whitepaper reads like someone just grabbed some of the big hitters in crypto buzzword bingo and threw them in there and explained what they were using Wikipedia. It says nothing about how they will tie it all together, economically incentivize the security of the network or maintain the data structures. I have a feeling none of them actually have any idea how to do any of this. For Christ sake they explain blockchain as the core of the “Solutions” portion of their whitepaper. This project is not worth any more analysis.
Centralization and trust. Not very well thought out at this stage. DPoS consensus on a single chain. Not much more than that.
Waltonchain focuses on tracking and validating the manufacture and shipping of items using RFID technology. The structure will have a main chain/subchain framework, which will allow the network to segregate traffic and infinitely scale by the addition of subchains given available nodes and main chain bandwidth.
DPoST (Stake & Trust) will be the core of their consensus mechanism, which adds trust to the traditional staking structure. This trust is based on the age of the coins in the staker’s node. The longer that node has held the coins, combined with the amount of coins held, the more likely that node will be elected to create the block. I am not sure how I feel about this but generally dislike trust.
Waltonchain's framework will also allow smart contracts on the main chain. Again, this level of main chain specificity worries me at scale and difficulty in upgrading. This smart contract core also does not lend itself to private transactions. In this small subset of IoT ecosystem, that does not matter as the whole basis of tracking is open and public records.
The whitepaper is not very technical so I cannot comment to their technical completeness or exact implementation strategy.
This implementation of the relay/subchain framework is a very narrow and under-utilized application. As I said before, WTC may someday just be one part of a larger IoT ecosystem while interacting with another IoT network. This will not be an all-encompassing network.
-Scalability – High, main/subchain framework infinitely scales
-Applicability – Low to medium, their application is narrow
-Interoperability – Medium, the framework will allow it seamlessly
-Consensus – Neutral, should not choke the network but adds trust to the equation
-Developability – N/A, this is a more centralized project and development will likely be with the WTC
\*Let me preface this by saying I realize there is a place for centralized, corporatized, non-open source projects in this space.* Although I know this project is focused mainly on wider, more general business uses for blockchain, I was requested to include it in this analysis. I have edited my original comment as it was more opinionated and therefore determined not to be productive to the conversation. If you would like to get a feel for my opinion, the original text is in the comments below.\**
This project doesn't have much data to go off as the white paper does not contain much technical detail. It is focused on how they are positioning themselves to enable wider adoption of blockchain technology in the corporate ecosystem.
They also spend a fair amount of time covering their node structure and planned governance. What this reveals is a PoS and PoA combined system with levels of nodes and related reward. Several of the node types require KYC (Know Your Customer) to establish trust in order to be part of the block creating pool.
Again there is not much technically that we can glean from this whitepaper. What is known is that this is not directed at a IoT market and will be a PoS and PoA Ethereum-like network with trusted node setup.
I will leave out the grading points as there is not enough information to properly determine where they are at.
So under this same lens, how does INT stack up? INT borrows their framework from Polkadot, which is a relay/subchain architecture. This framework allows for infinite scaling by the addition of subchains given available nodes and relay chain bandwidth. Custom functionality in subchains allows the one setting up the subchain to define the requirements, be it private transactions, state transaction free data chain, smart contracts, etc. This also lends to endless applicability. The main chain is inherently simple in it’s functionality as to not restrict any uses or future updates in technology or advances.
The consensus structure also takes a novel two-tiered approach in separating validating from block generation in an effort to further enable scaling by removing the block generation choke point from the side chains to the central relay chain. This leaves the subchain nodes to only validate transactions with a light DPoS allowing a free flowing transaction highway.
INT also recognizes the strong need for an IoT network to have robust and efficient data handling and storage. They are utilizing a decentralize storage system using DHT much like the BitTorrent system. This combined with the network implementation of all of the communication protocols (TCP/IP, UDP/IP, MANET) build the framework of a network that will effortlessly integrate any device type for any application.
The multi-chain framework easily accommodates interoperability between established networks like the Internet and enables pegging with other blockchains with a few simple transaction type inclusions. With this cross chain communication, manufactures wouldn’t have to negotiate their needs to fit an established blockchain, they could create their own subchain to fit their needs and interact with the greater network through the relay.
The team also understands the development hurdles facing the environment. They plan to solve this by standardizing requirements for communication and data exchange. They have heavy ties with several manufacturers and are currently developing a IoT router to be the gateway to the network.
-Scalability – High, relay/subchain framework enables infinite scalability
-Applicability – High, highest I could find for IoT. Subchains can be created for every possible application.
-Interoperability – High, able to add established networks for data support and cross chain transactions
-Consensus – High, the only structure that separates the two responsibilities of verifying and block generation to further enable scaling and not choke applicability.
-Developability – Medium, network is set up for ease of development with well-known language and subchain capability. Already working with device manufacturers. To be seen.
So with all that said, INT may be in the best place to tackle this space with their chosen framework and philosophy. They set out to accomplish more than WTC or VEN in a network that is better equipped than IOTA or Ethereum. If they can excecute on what they have laid out, there is no reason that they won’t become the market leader, easily overtaking the market cap of VeChain ($2.5Bn, $10 INT) in the short term and IOTA ($7Bn, $28 INT) in the medium term.
submitted by Graytrain to INT_Chain [link] [comments]

Babylonian Money Magic: The Secret Power Of The Deep State & How To Break Free From The Slave Matrix

I wanted to make a post to demonstrate how the Deep State controls the world through Babylonian Money Magic & Debt Based Slavery which is a major leg of Babylonian Money Magic.
Money really started in Babylon. They ruined the entire country & everyone became debt slaves. Back then, they used look at the King like an inspired God so it was easy to fool the people. They presented money as a useful tool but it was more like a siphon that would allow the Deep State to milk everyone. The basic premise is that make the people think money makes life better, get to to use it, and vacuum it all up. It is extremely easy to vacuum it all up when one prints money. The head of the Deep State has always been the money printing bankers.
Babylon was a Idol Worshiping hell hole with slaves, people sacrificing kids to Lucifer, and all kinds of sick stuff. The Deep State had the entire game rigged in their favor and the people were totally brainwashed. They always wish it was like this for us today but we are WAY smarter in modern times and more aware. Babylon was so evil that it was overrun in a war so they moved to Rome & convinced Julius Ceasar to work with them to enslave the masses with Debt Slavery. In exchange, Ceasar would make a fortune. He was an egocentric piece of shit like many politicians so he easily agreed. Overtime, Rome was completely bankrupted and that is the reason it fell. They convinced the invading Army to let them keep Rome & Rome was used to spread Babylonian Money Magic & Debt Slavery worldwide. Before Babylon, the entire planet was in a phase called the Golden Age when nobody used money.
This is the gist of it all. These bankers are basically the Khazarian Mafia. Their official title is called the 'Saturn Death Cult'. They worship Saturn as part of their religion & they sacrifice many to Lucifer including children, soldiers, civilians, and others. They are a Cult. These aren't just rogue businessmen that ruined the world. These are a religious cult with the religion being Lucifer. They are decepted into thinking that Lucifer will exalt them as Slave-Masters where each Khazarian gets 3000 civilian slaves. To them, they are the chosen people of Lucifer just like the Jews believe they are the chosen people of God. We are all equal so both are wrong. They keep wondering why Lucifer doesn't show up and fulfill the process like we wonder why Christ hasn't returned yet. I have dug into over 10,000 pages of research plus have read over 10,000 in college over 9 years studying Business Psychology. I know a little bit but I am in no way trying to brag. My only concern is a good future for us all. In my research, I have dug into books full of spiritual secrets. Just like the Luciferians have their evil book of secrets, we have our good book of secrets. Through digging, I found that Jesus has been waiting at the door for us to stop crying & start practicing the only 2 things that will bring a Utopia to the world (Love & Forgiveness). Once we practice this on a planetary scale, Jesus will arrive. I am afraid we were mislead into believing we have to wait for the world to get so bad that Jesus feels sorry for us and saves us. This is a great manipulation because it caused us all to want death & destruction because we think Jesus will come back. The truth is, the death & destruction is what motivates us to finally stop doing what we think is right, and start doing what the ingenious Jesus knows is right. Love builds planetary wealth because love means wanting to do good things for other people. When we are in a constant state of love, we are constantly channeling love in our local environment which makes it better even when we don't do anything! Here is a man who channeled love to 1 jar of rice vs hate to a 2nd jar of rice to prove the point:
Still, when people channel love, it means they want to do good things to other people or things. This causes them to improve their local reality. When everyone is improving their local reality at the same time or at least most people are, the world improves and becomes wealthier. A Wealthy Planet looks like a Utopia. Money has nothing to do with it. We can have all the money imaginable but if the planet looks like shit, it means its poor.
Forgiveness on the other hand ends revenge or negative Karma. By ending revenge/negative-karma, we stop destroying the world. Wars, infighting, ect.. all destroy the planet and make us poorer. Forgiveness ends the destruction. For this very reason, Jesus explained that if we want to live in a Utopia, all we have to do is love & forgive all people including those Khazarians. If a mass murder is caught, he can be forgiven, but he has to be quarantined for the sake of the other people. Its too risky to keep him free. Love means love to all people equally not just the mass murderer. Now, when we jail a man for 60 years just for selling crack cocaine, that's brutal. That's not showing any love at all. Putting him in a cage for 60 years causes much more harm than good. As you can see, the lack of love is harmful. Anyone can end up in jail. Almost 1% of America is in jail but guess who makes all the money from our criminals? The Deep State runs all business including corporations, the Government, & illegal businesses like human trafficking.
By the way, all these tips are good for all religions including muslims, Jews, ect... Religions are all controlled by the Deep State from the top. All Christian, Muslim, Jewish, ect.. leaders are all Deep State Luciferians fooling us all. For Christians, they tried to make religion as cheesy and non-nonsensical as possible so that we would be repulsed and become atheists. They also made every action into a sin to imprison us. Sex, for example, is no sin. The idea that we have to be perfect is a Deep State plant to confuse the masses. Its about growth, not perfection. Religion doesn't matter. Religions are just cults trying to tell us how to think. We don't need them or their priests to reach God. All of life is God.
Some may be wondering why this economic post has shifted to religion, it is because religion is a key part of it. The Khazarian Mafia isn't like a TV mafia that robs everyone. They are a religious cult worshiping Lucifer. If anyone wants to know more about Lucifer & his direct connection to the cult who is milking the world, you can read it here:
So this is the Deep State. They created Babylonian Money Magic & Debt Based Slavery strictly to ruin the world by transferring all the wealth from the 99.9% to them. They do this for various reasons, not just money. They want to breed misery & suffering for all kinds of reasons but one of them is to cripple humanity so that we can't help ourselves or progress in life. This way, we stay low & easily exploitable. The only reason we are piercing through their iron grip as we speak is because we are mentally evolving beyond their control. Its like if a man keeps pigs within a fence. The pigs want to be free but they don't know how to be free. Eventually the intelligence of the pigs evolves to the point that they realize they can just ram the fence & run off into the woods where they will be free & happy. We are doing this as humanity right now. Mark my words this is true. It's not a matter if "if" but "when". This is why they are quickly trying to raise the level of tyranny with their attempts to start WW3 to create the Socialist, Luciferian NWO complete with Concentration Camps, genocide of non-Luciferians including atheists, 5G kill grid genocide to depopulate the world, legalize pedophilia & bestiality, sacrifice children to Lucifer openly, and all kinds of sickening things. Some of us here have been awake since 2016. It took us many months of ass busting work just to convince the sleepers that HRC was a pedophile or that the Deep State even exists. Later the woke ones pushed the fact they worship Lucifer. Keep in mind, we were laughed at, cussed out, called names, & all kinds of stuff when we were opening people's eyes but eventually, they woke up & started listening to all that is simply but the truth veiled in incredible secrecy. Now that people believe the world is run by a Luciferian cult, the next step is to understand that Lucifer is the leader of the intergalactic deep state but even Lucifer is in its final days. No matter what happens, just know this story will end good for all of us. That is guaranteed except if we do nothing but I can see all the woke people are working. The idea is to speed up the process so we can enjoy life. I won't go through all the Lucifer stuff here, but here is the link again:
After the Lucifer stuff is understood, the final frontier is God. That area of things is utterly magical and I can in no way explain how magical it is in human terms nor can the human mind imagine it. Once the God element is understood, all of life makes perfect sense. Imagine if someone took you to an underground prison & said this is your new home for the rest of your life. You would probably panic, kick, scream, and get hysterical but then imagine if all your friends & family came in and said it was all big practical joke. You would calm down and shrug it off. That is the secret behind life itself. None of this is real. Its all a matrix video game of our own making but we have to agree to erase our old memories before birthing into this place. We are all incredibly high powered, totally evolved perfect being running this matrix for a long list of complicated reasons which will all make sense in the future when the worldwide Spiritual Awakening hits. The Deep State knows all about this but they are hiding the truth from us because the truth will set us free. It's too complicated to explain right now but if anyone wants to learn more about this, you can read "Conversations With God" trilogy but its really a 9 book set. Q even mentions stuff about this here and there. Here is Q mentioning how the Luciferians are milking us for LOOSE energy which is created out of Misery itself:
He is just hinting at it but it looks to me like he's warming up for the bombshells. If Q was really part of a fake show, which nobody knows for sure, then he is appealing to the really woke people who know what's up to convince us that he is real. Either way, considering the Khazarians have fooled us since the age of Babylon, we can never underestimate them. These people are Master manipulators using all kinds of technology to manipulate including AI tech.
So lets get back to how Babylonian Money Magic works.
  1. The top of the Deep State are banks because banks control the money printing machines. This means banks are infinitely wealthy. There is not a year that goes by when banks don't print a bunch of money for selfish reasons like to buy Corporations, to bail out their bankrupted Banks, to bribe 3rd world tyrants, to pocket in their own accounts, to fund the drug trade, to fund child trafficking, to fund ISIS, to fund gangs, & pretty much all kinds of very sick things. Banks literally own everything in the end. They are the secret hand behind every Corporation, Mafia, large Gang, Education Centers, & pretty much all things related to power. Who controls the banks? The "Saturn Death Cult". The "Saturn Death Cult" is the official name of Earth's Deep State. So now we can see why Banks are so utterly powerful. Not only do they control the money printing machines but they also control our money because we deposit all of it in their banks. From there, they constantly have 95% in use to produce more wealth. They hand your money out in loans, invest in new businesses like Uber, buy Bitcoin, or whatever they want. No matter what happens, they keep getting richer and richer and richer while we all keep getting poorer and poorer. Btw, when they claim the richest people are Billionaires, that is a total lie. I spoke to a very rich man who told me they have Trillionaire's, Quadrillionsiares, and beyond. Ultimately the banks are the richest. Just the Rothschild family themselves own half the world! We have to share the other half and the rest of the Deep State hogged up most of the other half.
  2. Lower level controllers of money are also making a fortune. They always have. These are the people who rig the Stock Market to guarantee they make money, they get a cut of the money every time it goes from one country to the other, & they have an infinite amount of other ways to play us for fools behind closed doors. When they print money to pocket it, they reduce the value of our dollar. That is why a movie used to cost a nickel and now it costs $20. Imagine how much money they have been printing? They even control all the 3rd world countries because they give them money masked as "humanitarian funds" but its actually being pocketed by the tyrants, who in exchange serve the Bankers like slaves. Its very sad because the locals never see a dime. It all ends up in the 3rd world Deep State's pockets. Even in Jesus' time, they were making 40%-80% by exchanging money into shekels so that it could be used to purchase animals for sacrifice. Jesus got so upset at seeing this con-operation, he let the animals out and flipped over the money-changing tables. The Sanhedrin Group, a Deep State element that worked for the Roman Empire, already wanted to kill him but now they lost their money-changing business. Nobody dared change money while Jesus was still alive after that. They waited a long time before resuming operations. A group of Hebrews created an anti-banking league which went all the way to 33AD when the Romans came in and slaughtered them all in Jerusalem where they destroyed the Temple and all that. They wanted to make an example of that group. The Roman Empire & the Pope figurehead killed many, many people just to make themselves a lot richer. Eventually they bankrupted Rome causing it to fall. This is why empires fall. It is because the Bankers are milking it for all its worth. They are also harvesting money out of all the Corporations they own (they own most), their criminals empires like human trafficking, drugs, ect.., taxes, high education costs, and pretty much anyway they can vacuum up our money. They control the speed of the vacuum so the vacuum can go fast, or it can go so slow that money increases in the economy. The reason the economy improves is because the elites have to use that money to hire us to do their dirty work. So they are giving us money which improves the economy, but their high powered vacuums are sucking it all back up. They have many, MANY vacuums running all at once. Meanwhile, we are here doing all their dirty work as slaves for chump change. They pay us as low as possible because the more they pay us, the more they have to vacuum up all the money.
  3. All those taxes that are said to go to helping us are actually used to harm us. Less than 5% helps us. The rest funds child trafficking, drug trafficking, bribing politicians, and whatever is needed. If our taxes aren't enough to fill their greed, they just print money which is also a tax. Inflation is a tax. When people print money, the value of your money goes down so its theft. If your 5 cents buys you a movie ticket but then the banks print so much that you need $20 to buy a ticket, that means you have to really work hard to catch up. Its just like getting robbed. No different at all.
  4. They create a serious lack of money in society for a few reasons. One, it keeps everyone busy running menial jobs so that we don't have time to do stuff that matters like spend time with the kids, raise them well, collaborate online to discuss strategies for the future, exercise, or do jobs that matter like removing graffiti from our streets, figuring something out for the homeless, beautifying the city, ect... Instead, we stand like fools at Walmart taking people's money only to hand it to the Corporate Slavemasters who are controlled by the Bankers. Do you see how it all works? You spend an entire 8-10 hours just standing there and doing the same thing over and over again until you go crazy! How does this help the world? I would much rather have you clean up street graffiti to be honest. All a Walmart worker does is collect money for the Deep State in exchange for people picking up way overpriced products. The products are overpriced because they keep the amount of resources they have a highly guarded secret from us. They have such oceans of resources, if a 90 year old man even saw a glimpse of it, he would start doing backflips. That amount of resources is so insane that it would justify dropping the price of everything by over 95! Its like sand. We say sand is worthless but its only "worthless" because we have a seemingly endless supply of it. Nobody would pay me anything if I tried to sell them sand but it is a useful thing to have on the planet and we have so much that its free. The Corporations were unable to harvest all of our sand, and then sell it back to us for high prices. They do that with other stuff like oil, metal, wood, plastics, aluminum, ect... They just harvest everything in site, hoard thousands of years worth, and then pretend we have a shortage to justify high pricing & poverty. It's all a big gimmick folks. So they keep society as poor as possible to not only freeze us in place since we are busy trying to get money from their corporate slave jobs, but also to prevent us from making any progress due to all the lost time. Also, when people are desperate, they are ripe for Bribery so they bribe the shit out of us whether we are bribed with $11 an hour to stand for 8 hours collecting money for Walmart or if we are Bribed $100,000 a month to run drugs for them. They abuse the shit out of their black hat criminals btw. They jail them, juice them for whatever they can, & endlessly abuse the shit out of them demanding more and more. If they don't give them more, they jail them to punish them. It's completely sick. Those criminals acted out of desperation & they get sucked into the deep state whirlwind of hellish suffering. So they have us poor, extremely busy doing boring shit, and cornered. There is no other way to get money. The only way to get money is if the Deep State gives it to us or if we share what we have with each other. They have most of the money though. Even the money we deposited into banks is being used. If more than 5% of society was to withdraw, the banks would say they don't' have it because they don't. It's all invested in making them richer.
  5. To further the damage, they no longer use these corporations normally. A real hospital is totally different than what we see today. A real hospital is way more human and cheaper. The Rockefellers changed all that. They made hospitals expensive and barbaric. They hid all the cures. They make more money that way. They even poison all the air, water, and atmosphere because it makes you see more Doctors meaning more money for them. This is another money vacuum. They do this with so many things. They sell you addicting sugary bullshit all the time so you get addicted and unhealthy meaning you buy more snacks and go to the Doctor more. They run fake wars. They just pretend the 2 presidents can't get along and then they tell the tax payers to pay the gigantic bill to the corporations who create all the weapons, ammo, and gear. Dick Cheney made a fucking killing out of the Iraq War! I think he is running Haliberton. Obama ran the heroine fields of Afghanistan where he important all that shit and got all the kids addicted to heroine in our neighborhoods plus through pharmaceuticals. George HW Bush, aka Poppy because he's addicting to his own heroine, is the leader of the worldwide drug trade. We had the drug Kingpin of the world as our President. He started in Texas in 1957 with the CIA. What a joke. All these poor drug addicts got all fucked up for nothing. We blame the drug addict but I am showing you a vision of what's beneath the veil of illusion you are seeing in the world today. This is just about the most transparency as one can get because they will never give us transparency. Doing so would mean they cannot conduct all kinds of evils which they do behind closed doors. We can beg all we want. It will never happen. They printed out all the money and stole whatever they could to buy everything on the world and they have weaponized it against us. Just the Rothschild family themselves own half the planet! When I tell people we need a max wage of maybe 25 million, they argue with me because they assume they will one day have more than that and they don't want any restrictions on their path to billion. Can you imagine how brainwashed Americans have become. We aren't seeing what is right in front of us. They broadcast the message of a good hard working American who goes to College and accomplishes all his dreams but this rarely every actually happens even for people with Master's degrees because they have Bankrupted America so badly, even Degree holders don't make much. The PhD college professors make $5 when they add up all the on and off hours they work. The university gives them a set amount of hours but overload their work so that they are forced to work past hours of pay or they are severely punished. Its disgusting. When its all said an done, they work 80 hours a week for $5 an hour. So basically thinking of it like this. They are destroying the planet and making a fortune out of doing so. We are the slaves doing it for them because we run all the businesses they claim to own. The only reason we do it is because they control us with fear. If we don't do shitty things on their behalf, they say they will cut us off. To say something to that the a population of people who are already financially desperate is a cold thing to do but they don't care. They are competing with each other to see how has the most Quadrillions. A desperate population is ripe for bribing. The man at Walmart doing repetitive movements is being bribed. The drug dealer is being bribed. Everyone loses but the Deep State wins. The House always wins.
  6. When the population is so desperate to survive, they just loan money at high interest rates. This is where Debt Based Slavery comes in. Once you owe money to someone, you become their slave. They are printing our own money at 13 cents a bill and loaning it to us at high interests rate so a $100 dollar bill costs 13 cents to make but they loan it to us for $100 plus interest. Rothschild, a foreign British James Bond like villain owns the Federal Reserve. He's not even American. He just made a giant straw to suck all the money out of America and put it in his bank accounts. Sure, he owns half the planet, but some people are ambitious you know. That's the magic of opportunity! I'm only joking but how many people do you know are so brainwashed that they think like this.
This is a gist of how Babylonian money magic works. Debt Based Slavery is the final element. It is the banks saving us from bankruptcy while putting us in this place to begin with. It's all big game and the 99.9% are the brunt of the joke. Even the politicians, Hollywood deep staters, MSM media, and other low level Deep State goons are part of the slave hierarchy. The only slavemasters are the banks. The rest of it operates as top down slavery. Everyone is a slave. Even if Rachel Maddow is making a lot of money by being a good slave, they force her into humiliating things like eating shit, fucking animals, and all kinds of horrid things because it pleases their Lucifer. The filthiest human beings on Earth who worship Lucifer are making the most money out of all of us because they rigged the system like a Casino and in a Casino, the House always win. The players always lose.
The only way to not lose in a Casino is to walk out. We can beg and beg century after century that they unrig the system but every time we do, they just point and laugh at our faces. They laugh all the way to the bank! No amount of begging or crying will help.
Do you know how they have stopped 7 billion people from standing up to the banks? Simple. They just put on a fake WWE show where seemingly benevolent forces are fighting the Deep State so that we end up being pacified and do nothing to help ourselves. This is called the Masonic Checkerboard Technique. We see both White & Black squares but never realize all of them are on the same team. To us, its like a football game that never ends. The game just keeps going and going. Sometimes its between Republicans and Democrats. Sometimes its between the US and USSR. Sometimes its between the US and Nazi Germany. The Nazis are part of the same deep state as our very Government is. Those US & USSR were allies the whole time. They just used each other as bogeymen to trick us all into paying more tax dollars to expand the military. The military is not for our protection. It is to protect the Bankers from us but the soldiers who are inside the military are completely unaware of this. They think they are doing an honorable thing for us. You should see how shitty they are treated inside of the military. If you think we are slaves, they are the real slaves. I know because I did 3 years. Cops are another group of hardcore slaves who think they are helping the people but are really there to prevent the people from going against the Bankers and to milk us with fines. They don't pull us over because they care about us. They pull us over to give us a bill. No matter what we do, we are milked endlessly.
This is a general idea of how Babylonian Money Magic works. The House always wins. The people always lose. To create Socialism in America, they not only important a lot of the Nazi Party members like John Podesta or Rod Rosenstein or even Merkel in Germany, but they also are desperately trying to bankrupt America as fast as possible until we are standing in 4 hours lines for break and soup. Once this happens, they will rig up an emergency to suspend the constitution, install Socialism, open the concentrations camps, and prepare the world for the NWO with the Pope as the anti-Christ. Why are we using this system? Because we are brainwashed that with enough slave labor, we will become billionaires. It's all bullshit. The players never win in the casino. Only the Casino wins. Nobody else.
But, what if I told you there was a way to disconnect ourselves? What if we can just walk out of the Casino and be free? As in the example before, the poor pigs want their God given right for freedom but the little wooden fence is blocking their path. They don't realize they can use their combined strength to just ram the fence, leave, and be forever free. In the pigs mind, he is hopelessly stuck as a prisoner who is being fed only to be eventually slaughtered. It's not hopeless though, the pig will one day evolve to be smart enough to realize he can combine forces with the other pigs and break down the fence. That is exactly what we are facing here. The humans don't know what to do to break the cycle of slavery because people are seeing an illusion instead of the grim truth beneath the illusion. I have pretty much explained the grim reality here but there is a way of breaking out of the fence and freeing ourselves as a people. I spend 2 years studying day and night to figure this out. It's so easy. Not only will we be forever free, the Deep State will lose all of their power at the same time. To top things off, all crime related crimes will disappear, poverty will disappear, fake wars will disappear, everyone will be relieved of the insane amount of responsibilities we are put under, life will improve, planetary wealth will increase, freedom will be attained, peace will be established, the human trafficking trade will die alone with all money based crimes, transparency would be established, poverty would be erased, income inequality would be erased, the future NWO plans would be erased, and pretty much every aspect of life would improve.
If the Secret to our enslavement is that the House, who controls all the money including what we deposit in the banks, is money itself, then we should simply change the world system from a money-trade based system, into a gifting based system. To get a gist of the gifting based system, see the 12 minute video here:
The strategy is this: We already run everything including the banks. They just run the highest positions is all. The rest of the businesses, power centers, the FBI, the NSA, the CIA, NATO, McDonalds, Apple, the Police, the Military, ect.. is all run by us. We make up 99.9% of the work force so we basically run it. The Deep State is the one who gives us orders from the top down slave-system they made. We do as we are told because we don't know any other way to survive without their money. Since we run the entirety of the system, lets just keep running it without the money element.
This basically means the bus driver refuses to accept payment, the deli guy makes free sandwiches, the police patrol the streets for free, the furniture maker makes stuff for free, the wood chopping company chops wood for free, ect... We all do the same exact thing we are doing now but take the middle man, money, out of the equation. This will instantly free us up. No longer are jobs held up because of money problems. We can just keep moving without stumbling due to a lack of funding. We can hire more help without worrying about the costs. Everybody would not only work for free, but we would also consume for free. The world itself would pay for the consumption. As long as we keep moving, the machine keeps feeding us instead of the Bankers. When we use money, we are feeding the bankers, not ourselves. When we dump money, we are feeding ourselves therefore we are instantly a LOT more richer as a community.
As far as ownership, we can no longer consent that the Rothschild family owns half the world and the rest of the Deep State owns the other half while the 99.9% are stuck fighting over the pennies. No fucking way. This isn't working for me. It's not working for the people on this board. Its not working for people in Africa, Russia, China, or nowhere else on the planet. The only ones benefiting from this are the bankers. Once in a while we all get a good run where we do OK but that can change overnight. Some people are wrecked. They have a criminal background or a lot of debt or child support or whatever it is that is wrecking them. Many are homeless even though we have more than enough homes but the bankers want more money which we don't have because they stole it all. Even if we give away our restaurant food, the Deep State plants little trouble makers who are hired to claim they were poisoned by the food so they can sue the restaurant owner as punishment for benefiting society. Now the restaurant owner is forced to dump all of his food in the trash because he is afraid of getting sued. Again, he is controlled by money. Fuck all this bullshit. All we need to do is stop using their money and SHARE all businesses, education centers, Government buildings, and whatever the hell else is an institution means to serve society. All of that shit becomes equally all of ours. We would make it totally transparent so anyone can go into the back offices of Apple and inspect it for evil. Do you know how much evil, diabolical shit is going on now without transparency? Its disgraceful and sickening. These bankers & their Deep State minions have shows where children are murdered in savage wage right on stage just for their own entertainment. Some of these ritual slaves escaped and blew the whistle. They take people, put them in a cage, and burn them for their Satanic Rituals. These people are seriously fucking demented & they claimed ownership of the entire planet! We are sitting here just waking up to our own slavery. We didn't even know we were slaves just 3 years ago. So we would share all of the businesses & power centers. Our own homes and stuff would belong to us only. Anything personal is our own. Anything that serves society belongs to us all. All the hoards of resources, tech, and knowledge belong to us all. We just share everything as fairly as possible in our local realities.
Finally, we just work like regular and that job pays for our consumption. Anyone raising kids, going to college, watching a sick elderly person, or anything like that is already working so they don't need to find a 2nd job. That is a job. A lot of the women who wanted to go back to raising kids can finally do so. Rockafeller fooled women into thinking corporate slaves was a good thing. This way, the women get taxes and used as slaves while the kids find a new parent which is the government teacher once again controlled by the banking class. Then they lowered wages so that 2 people have to work just to survive. Having kids is so overwhelming, I seriously, and I mean seriously recommend not having kids right now. Either way, we need to naturally depopulate over the next few generations. 4-5 billion is good but 7 billion is too heavy. The Deep State wants us down to 500 million for control reasons while good people assume 4-5 billion is fair. Deep State does this through wars and mass murder. Good guys do this with education. As long as we work at least 25 hours a week, I think we will all be OK. All those boring, menial jobs where we collect money for walmart will be gone. All accounting jobs gone. All banker jobs gone. We want them gone. This way, we free up the people to do the more important work like finding homeless people homes, removing graffiti, destroying the drug factories, upgrading the hospitals, rebuilding war torn cities, and much more valuable thins. There is nothing valuable about some spending all year collecting money for Walmart. There is nothing valuable about running mathematical numbers to process taxes for the Deep State. The world isn't actually improving. We can really improve the world in an ocean of ways. That's real MAGA. That's fun MAGA and we would all be doing our own thing to MAGA. The world would very quickly build up in wealth so we can all enjoy planetary wealth.
So we end the use of money, share all things that serve society while keeping our private property (home, car, stuff inside house), and work/consume for free. This will knock out 2 birds with 1 stone. First, we will no longer be slaves. We will be completely liberated. There is no way to enslave us without the money. 2nd, we will pull the rug up from under the Bankers feet. Goldman Sachs execs will no longer be Gods among men, they will no be men among men. The new system would basically create a world of true equal opportunity. If I can do it, then you can do it. In this work, they say if Rothschild could own half the planet, everyone can own half the planet. That is complete bullshit and nobody should believe this shit. They laugh in backrooms as they puff on their cigars that we all seem to believe that we will be rich if we slave hard enough. All that happens is that we become slaves and stay poor with stupid pipe dreams. We would enrich the entire planet and level out the playing field at the same time!!! Who wouldn't want this except for the bankers of course or maybe extremely brainwashed people who cannot see through the illusion.
One last thing, I hope that Trump & Q are ready but considered we have been fooled since the age of Babylon, I wouldn't be surprised if we are fooled again. What they always do is put a seemingly benevolent force against the Deep State. They beat the shit out of each other on TV so we think good forces are fighting for us. This can be republicans VS democrats, the US vs Nazis, or whatever it may be. We end up rooting for the good guys without realizing they are all bad guys putting on a fake WWE show where the banker is Vince McMann. This is call the Masonic Checkerboard Technique. This is done so we end up being pacified and do nothing. For this reason, we have to do something as an insurance policy in case we are being bamboozled again.
We have a perfect plan to fix it all of the world's problems & shut down the NWO in 1 foul swoop. If we don't do it, God knows how many more generations will have to suffer before the woke population musters up enough courage to do it. Its better just to do it now and get it over with so we can reap all the many rewards, save our futures, and save the future generations. All it takes is loving cooperation just as Jesus said. We have to be united. Either unite or die. They push "Divide & Conquer" hard for this reason. We hold unspeakable power when united. Everyone will see that once we unite. They are afraid of a united people.
All we have to do is meme the shit out of this idea until enough people hear about it and see through the fake illusions the bankers setup for us. Once we think we can get 5% of the population to act, we just do it. 5% is critical mass. When 5% does something beneficial, the other 95% follow. We can do all this very quickly.
Think of us like a sports team VS the bankers who are another sports team. We were a disunited group of 7 billion VS a very united group of 8500. Once we unite, we will outpower them like crazy and this is done inside the mind so it doesn't take more than a second to do. Everyone is only responsible for their own mind. If you can do it, you have achieved success. Next, we push the idea non-stop until the masses find out just like we pushed the idea that HRC was a pedophile. It isn't really hard. It just requires persistence. Once we feel comfortable with our numbers, we push to stop using the money and just do it. We can do it nationwide but if people see us doing it here, they will be quickly inspired to do it in their own countries so I have no doubt this will become a worldwide event.
We are like the pigs who are upset about being fenced in. We found out in 2016 but now, after a lot of thinking and brainstorming, figured out we can push ourselves past the gate and be forever free. We can do this ASAP instead of waiting for decades for the Deep State to free us which will probably never happen to be honest. i think we are the hero of the story. The Deep State things we are the hero which is why they use the Masonic Checkerboard Technique. We have to realize that we are the hero. We have to unite. We have to break through the gate together as a team. We will be free, NWO plans will be canceled, and life will become fun again.
Honestly, this is the most pivotal point in human history. Should we walk out of the Banker Casino and be forever free or do we keep trying to beat the rigged games even though we have been on a non-stop losing spree since the age of Babylon?
—————————————— More ideas for the future:
submitted by lightmakerflex1 to C_S_T [link] [comments]

Common misconceptions and other random thoughts and observations from an investment professional

Hey community, wanted to share some random thoughts on this exciting time we live in. Unprecedented tear in XBTUSD finally dialing down which is usually a good time for more reflective thought and discussion (vs when things are moving vertically either direction and everyone is freaking out).
--disclaimer and background--
I am not really a frequent Reddit user so bear with me if I'm getting some things wrong here. Not too keen on giving away much personal detail for obvious reasons, so I do not have a compelling way to convince you to believe that I'm not an imposter (and this is healthy - it is generally a good idea to be extremely skeptical of anything anyone says to you when it relates to investing). Anyway, I work at a large size investment firm directly in the capacity of investment strategy and analysis, and I wanted to share some views from the other side. Note that the street is generally a very diverse community with countless differing perspectives, so I should clarify that this is only one perspective from an industry that is literally hinged on trying to make money by having a unique perspective.
Going to go ahead and say that I am not licensed in any way shape or form to actually provide direct financial or wealth management advice to individuals (ironic isn't it?) so please only use anything in this thread as a reference point and nothing more. You can roll your eyes, but the main reason I'm here is because I personally have a serious issue when people provide financial advice/analysis (no matter how good, thoughtful, or experienced they may be) that others then take directly to drive personal decisions without fully understanding how much they could get hurt. For all intents and purposes please just consider everything I say to just be purely an opinion.
Anyway somber bullshit aside, let's jump into it. No particular order - just random thoughts as they come up.
Status quo investment community views on Bitcoin? Generally Bitcoin is disregarded and not taken seriously. It's just too small. The entire market cap of this asset class is maybe a few hundred billion, and the largest shops literally have trillions in assets to deploy, so any one of them could literally just buy into all of it and it would barely even take up much of their overall portfolio of holdings - and if you think about it, buying up an entire crypto is kinda nonsensical... imagine someone just bought all the gold in the world so that nobody could ever use or trade it and just left it in a vault...
Honestly, very few people pay extensive attention to Bitcoin and even fewer are intimidated that it will structurally overhaul society. If anything, there's probably lots of hope for Bitcoin to get bigger so that institutional money can actually get into it. Smaller shops are more nimble and have smaller capital bases that they can deploy into less competitive markets (e.g. small caps, niche, etc.) where you can beat out retail investors that invest part time a lot easier than the trillions floating around managed by overcompetitive professionals.
Note: To clarify, not taken seriously for institutional investment. Lots of guys buy/bet on random stuff with their personal accounts - sports, cryptos, and there's always some numpty that likes to buy scratch cards just because.
Fed and Wall St collusion? Seems to be a lot of sentiment that financial regulators, central banks, etc. exist to serve and collude the financial industry. Couldn't be further from the truth - the regulators are mainly what stands between highly sophisticated professionals from preying on literally everyone else. Literally the exact same way as FDA watching our backs from chemists/pharmaceutical companies and any other field where the average person simply cannot hope to fully understand the inner workings of that industry (If there was no FDA, I as a plebian non-doctor non-chemist non-pharmacist would be terrified). As retail investors, you want to as much power in the hands of regulators as possible, and I can say the disassembly of regulation would be a dream come true for Wall St. - I won't get into why. And look there's always going to be cases of conflict of interest/corruption/misaligned interests, but broadly speaking these govt institutions are in place to represent interests of the common folk, and not the real life Bobby Axelrods of the world (yes Billions is a guilty pleasure of mine, and no it is not a great depiction of how it actually works)**
Recession/TARP/corruption? General consensus across the board is that TARP needed to happen, because a complete confidence collapse causes irreversible structural damage that would devastate a lot of people, but especially the average Joe. Sure, Mr. Hedge Fund had the most (objectively) to lose, but he is still going to have his Ferrari no matter how bad the system collapses, but the regular guy working his 9-5 doesn't have a cash stack to fall onto. Govt still has some loans that have not been paid off, but net net they came ahead something like $50B profit just a few years after they deployed capital. Again let me reiterate there was actually a lot of opposition on this side of the circus at the time as well - a lot of institutions were forced to take capital injections for a herd-immunity-like mechanic because if only select institutions took funding it would be identified as the next Lehman ready to die and the market would devour it. Imagine being the guy running a perfectly healthy business and never taking the reckless positions that your peers did and having to take a billion dollars in debt (and significant interest expenses) just because your colleagues were doing stupid things and you are literally obligated to take it.
Bitcoin/cryptos to replace fiat? Down with the old corrupt system? Maybe potentially in some other shape or form (so many technical flaws with Bitcoin - even lightning and other incremental mods feel like bandaid workarounds and if a crypto were to become primary means of exchange I would be surprised if it is just good old Bitcoin), but you will never escape govt regulation. Silk road was a good example - if the govt has any reason to believe there is unregulated/criminal transactions they will assemble full force teams and RICO everything you have ever touched so fast that your head will spin. Remember that CIA/FBI/police/etc. are all agencies that generally are put into place and designed by the public. We elect sheriffs the same way we self-patrol fraudulent behavior on Reddit and ultimately the need to monitor and regulate currency is driven by something the people want. Again there's always going to be controversies and scandals like NSA revelations and whatnot, but the reason these enforcement agencies exist is because the idea of living in a world where someone could threaten to hurt your family and demand a Bitcoin ransom or pay some hitman to pick off your loved ones until you wire them your life savings is horrifying. Ultimately it is we, us, whether on Wall St. or Main St. that want regulation and protection, and as individuals I think that we will demand that X oversight or regulation infrastructure is put in place to ensure that. There is ALWAYS analogue gap, and it can be as simple as making it hugely illegal to not provide crypto transaction data voluntarily to the govt in the same way being caught literally just possessing a gun with a shaved-off serial number will get you in serious trouble. It comes down to what kind of world we collectively want to live in, and I think that regulation is inevitable because it is something we all align.**
Bitcoin is a good long-term investment? I have no idea. I have been following BTC since ~2013 and it still doesn't make a lot of sense to me. Maybe because even gold doesn't make sense to me. But generally as a non-value-producing asset class (i.e. it literally doesn't grow itself as an entity the way a share of a company does), it can't be that much more different than gold, which I generally perceive as more of a store of value that mainly gets interest during a panic where money is looking for a flight to safety. At this point BTC is driven far more by market sentiment and random govt decisions, which makes it barely discernible from a coin toss.**
Bitcoin/crypto more fair? No corrupt hedgies preying on people? No I think it's actually a lot worse. Look at the spreads that exchanges charge on it - they are horrifyingly large. There's probably a handful of people that collect spreads on this entire industry and they are making a stupid amount of money. I have also anecdotal evidence that there is very sophisticated capital that is arbing the market because it is simultaneously so liquid and held widely by retail investors, although the lack of market size means they are, say, tripling a few million every day rather than making 50% returns on billions every week. And sorry, but technical analysis is absolute garbage and empirically worse than just blind guessing - lots of university papers written here. Advanced machines and algos trade literally every market and they can do infinitely more rigorous and intense calculations on technical factors than any human being could even hope to achieve. False prophets at every turn with technicals, and truth is you will always lose against the team of MIT/Caltech flash boys that are writing equations on glass walls to outmaneuver you in these markets.
Most importantly my bet is that whoever who runs these exchanges is probably frontrunning the market on top of their massive fees. Revelations like government officials trading cryptos ahead of announcing policy that they literally made can cost certain individuals their jobs, but the reality is that the market is so totally unregulated and it's unclear who has access to what data and since it is not illegal to manipulate XBTUSD in all the ways that it is illegal for real markets, I would go ahead and say that even if I tried my hand to crack the Bitcoin market, I am going to lose (BADLY) to a dedicated team running strategies professionally, and any other players that have a fix on the market.
Asymmetry and unregulated markets disadvantage the retail investor far more than they disadvantage most sophisticated capital. This only gets masked if you have something that increased 9000000% because everyone is "making" money.
How to get better at investing?
Read everything. Learn everything. Criticize and be skeptical of everything. This industry is a winner-take-all environment, and everyone is fighting to get that incremental edge. Assume that anyone that volunteers information has an ulterior motive, because they do. If someone is in the middle of panic-selling their holdings, do you think they'll say "you should sell too" to strangers so that they can be crowded out of their liquidation? Be wary of advice or analysis from ANYONE because they have nothing to gain from helping you, but lots to gain by misleading you. Beyond that, some people are just idiots and their intentions aren't malevolent, but they're useless and will feed you irrelevant information.
If you're doing this right you should be actively scanning this text and trying to figure out why I am writing what I am - what kind of trick could I be trying to pull to manipulate strangers into something that garners me personal gain? There's so many layers, you need to discern and always be watching for people that are obviously trying to manipulate you. You shouldn't trust me one bit. I have absolutely nothing to gain from sharing my "advice." Apply this to everything you hear and read (including your "friends"), then go read literally everything that has been written. Then you will start to see the matrix and truly understand how the market looks.
Do you believe in Bitcoin?
Blockchain tech will revolutionize the world. 100%. Already seeing it manifest in certain ways in other industries. I don't know about cryptos. I definitely don't like XBTUSD as a trade. There's a very snotty saying on the street but it rings true time and time again: the moment you hear janitors, truck drivers and your grandma talking about an investment, it's time to get the fuck out of it. Or, alternatively, the moment you see an investment idea on TV or on the news or on any major public platform (cough), this is your time to sell. And it's true - unsophisticated investors are your ride to lock in gains while selling out, and the moment the masses realize there are no more gains left to be had the bottom drops out and it collapses. I know this community hates references to BTC as a bubble, but it has had so much similarity to other similar cases as well as media attention/mainstream coverage profile as other instances. It feels like a pennystock to me, and while there's riches to be made, it's not where I would want to really try and bet on seriously.
However, you cannot deny that BTC is somewhat sticky. There's something cool there that makes it more than just an "idea" from a random pennystock pump, and it's definitely something cool to hold a bit on if you want to support the general idea. For real, actually attractive risk-adjusted returns, I would look elsewhere (honestly with the investment sizes most people would be better off trading things around on Craigslist or something)
BING. Could this whole thread be written by someone from Craigslist trying to boost traffic? The moment I wrote that your alarm bells should be ringing. Again, read everything but trust no one. Why the fuck did this guy say "you could probably make more money on _ than BTC?" Stay vigilant. The world isn't evil and out to get you, but everyone does something for a reason. (In my case I just vomited on the page and noticed it sounded funny/odd. I have no idea of Craigslist is a profitable side-hobby... personally I would be afraid of getting stabbed.)
Those are all my random thoughts for now. If you have any questions feel free to ask. Please post on the thread as I have a strong belief in open dialogue and discussions and would like to share any responses broadly. It's an exciting time we live in, so have fun, but please make sure you design your playbook responsibly and invest with discipline.
submitted by sell_for_a_penny to Bitcoin [link] [comments]

Why the Internet of Things and blockchain are the best partners?

Introduction: Blockchain is just one of the core technologies behind Bitcoin, and Bitcoin is an application of blockchain technology. Blockchain is now becoming a key solution for the development of other technologies such as the Internet of Things.
Perhaps you have heard that the blockchain is a "new type of Internet", and cryptocurrencies such as bitcoin are "new gold." These hot topics are so closely linked that many people think that blockchain and bitcoin are one thing. But the blockchain is just one of the core technologies behind Bitcoin, and Bitcoin is an application of blockchain technology.
Blockchain is now becoming a key solution for the development of other technologies such as the Internet of Things. Soon, 30 billion IoT “things” will be put into use.
It turns out that how to effectively connect, collect, exchange, and manage all of this data while ensuring its security in an ever-expanding IoT network is a huge challenge.
This is where the blockchain comes in: the same characteristics that blockchains are important for cryptocurrencies, and why they are so valuable to the Internet of Things; blockchains convince users that sensitive and valuable data can be used globally Propagating in the network and remaining completely secure and immutable; blockchain can achieve trust and be more efficient through interconnection. This is a question of trust.
In the blockchain, transaction data is split into "blocks" that are "linked" together by a unique 64-character digital signature, which is then separated and sent over a computer network.
When using the blockchain, transaction data is shared not only with the participants but also with all parties in the network. This network can be public, anyone can participate, such as bitcoin, or get a license, such as a food safety network.
When each transaction is approved by the network, the associated transaction block will become part of the existing chain, not only in the ledger of the trading participant but also in all ledgers.
Consensus between computers in the network ensures that the shared ledger is an accurate copy and reduces the risk of fraudulent transactions, as tampering must occur simultaneously in many places.
Therefore, even if the single entity's ledger is threatened, maliciously changing the data does not affect the integrity of the entire blockchain, as other ledgers in the network will find problems. It is in this case that the blockchain is considered to be “unchangeable”.
The blockchain makes cryptocurrency possible by providing security and verifiability, all without the involvement of intermediaries or institutions.
These features make the blockchain valuable in any machine-to-machine transaction use case - which brings us to the Internet of Things.
The value of the Internet of Things lies in data. When data flows through largely automated sensors and machine systems, people's concerns about their vulnerability are real.
Blockchain solves this problem by making these data traceable and secures across a wide network. It increases the level of efficiency and certainty that can make the Internet of Things more useful and compelling, even for reluctant adopters.
Here are some of the specific advantages of blockchain and IoT partners:
▲ Trust: Blockchain provides a high degree of security and transparency. This allows companies to quickly verify information, build trust, monitor progress, and trigger payments without relying on centralized authorization or ongoing human intervention.
▲ Speed: Peer-to-peer, device-based contracts and ledgers speed up the exchange and processing of data.
▲ Simplicity: With blockchains, organizations can exchange data, transfer goods, and automate business processes without having to build expensive centralized information technology architectures.
▲ Agility: Blockchain supports dynamic contractual behavior between entities without any third party “certifying” their IoT transactions.
The application of blockchain in the Internet of Things is diverse and involves multiple industries.
For example, in the pharmaceutical industry, hospitals and NGOs require proof that drugs shipped (usually delivered by temperature sensors) are not exposed to specific conditions that could compromise their quality.
The blockchain supports tamper-proof records showing the transport conditions of the drug throughout the transportation process.
Blockchain, internet of things and interconnection
Both the blockchain and the Internet of Things require interconnection to function properly. A key feature of the interconnect – private data exchange between enterprises – is that it brings the counterparties as close to each other as possible to the digital edge. This reduces latency and improves performance. The interconnect also optimizes security because direct connections are the most secure connection.
The highest levels of security and performance are required for blockchain and IoT applications, and an interconnected-first IT strategy called Interconnected Architecture (IOA) is the best way to achieve both.
submitted by CT-RFAntennas to u/CT-RFAntennas [link] [comments]

I've put together a post that has, what I think, is all the possible (english) information on SmartContainers' ICO out there

Okay, so this is going to be really long in terms of posts here. I actually have to cut out some info to make it under 40000 characters for reddit...
Typically in the market there are Currency and Utility coins. Profit-Share Tokens are relatively new, and while this ICO has 2 tokens, the profit share token is definitely the main attraction, as it's tied to a very, very promising company. This company is SmartContainers Group, and their tokens are SMARC (profit-share token) and LOGI (more on LOGI later).
“Smart Containers Group, formerly REP AG (Swiss registry of commerce, UID: CHE- 141.664.882), is a Swiss based, high tech company that provides the safest temperature controlled containers to transport sensitive pharma goods and food around the world. Our purpose is to secure sensitive goods and to make sure no compromised product is ever delivered to anyone.” - whitepaper


SmartContainers Group is a holding company for SkyCell.
SkyCell is the company Smart Containers Group uses to rent/sell their containers to clients around the world.
Our containers transport some of the most expensive and temperature-sensitive goods in the pharmaceutical industry. These goods need a particularly careful and accurate protection. Through our highly secure and efficient container design, we assure the best possible protection against temperature excursions. In combination with a cutting-edge technology, it enables us to provide containers with easy handling, maximum loading capacity and highest performance on the market.
More than 50 man-years of research and development poured into the creation of an unprecedented, highly efficient insulation. This cutting-edge technology reflects a maximum of radiation while minimizing heat conducting. It is the most patent protected insulation technology on the market.
The ingenious SkyCell R&D team invented a completely new, cooling technology, that stores five times more energy than traditional methods to keep the container at a steady temperature. Consequently, SkyCell containers are automatically recharged in a cooling chamber without any manual interference. Nothing can be mixed up since all parts are integrated and fixed.
The ingenious SkyCell R&D team invented a completely new, cooling technology, that stores five times more energy than traditional methods to keep the container at a steady temperature.
“oh, our product needs better cooling? Okay, let’s just invent a better cooling technology, no biggie”. Who heads that team, Rick Sanchez?
I asked about this tech during their AMA, here's what they said:
Cooling technology: Yes, our containers are state of the art. Nico has developed a cooling material that freezes at 5.5°C. So if you put it in a cooling chamber that has a lower temperature, it automatically freezes and if the temperature is higher it melts. Basically, the system works like a huge ice cube that is empty in the middle. The centre of the ice cube has a steady temperature of 0° until at least 1 side of the ice cube has melted. It's the same principle for SkyCell containers, but at 5.5°C
The patented-in house developed cooling technology stores five times more energy than traditional methods to keep the container at a consistent temperature. After use, they are ‘recharged’ in a cooling chamber without any need for manual intervention, increasing productivity of the business and reducing cost.
I’ve forgotten to mention something so far about their product [the containers]. They’re literally (not figuratively, literally) the most advanced container ON EARTH.
From their ICO FAQ: Where do you position yourself compared to Envirotainer? Envirotainer is the number one container company with the largest container fleet today. We are currently fourth globally, but we reached this position in less than 5 years operating in this space. SkyCell containers have been tested and shown to be technologically superior to Envirotainer containers (5x more runtime, up to 35% lighter) which translates into safer pharma distribution and cost savings as well as a reduced CO2 footprint.
We are currently fourth globally, but we reached this position in less than 5 years operating in this space.
Another thing that’s pretty impressive, 4th largest company in their entire field… after just 5 years… but back to the main point of that statement: “SkyCell containers have been tested and shown to be technologically superior to Envirotainer containers (5x more runtime, up to 35% lighter) which translates into safer pharma distribution and cost savings as well as a reduced CO2 footprint.”.
Watching a video from a blockchain conference in Switzerland, I got a fair bit of info from the CEO, Richard. I’ll be quoting him in that video a few times in this post, and here’s the first: “In my industry, we talk about how many shipments go wrong - and the average is 8.5%. So for 8.5% of pharma shipments for example, the [proper] temperature is not maintained. In our case [with Smart Containers], it’s less than 0.1%. That’s 75 times better. Richard also speaks in this video about how they will be able to eliminate the amount of shipments happening every year, due to the decentralized nature of this whole system, there will be less need to send packages to places far from their end destination, to make the delivery easier on the shipping side. We’ve all had packages come from across the ocean, only for it to fly 1500 Km past us to be shipped back our way next week…


”There are 200 documents are required, or exchanged, to make one shipment happen… we estimate we can bring this down to 8” Richard Ettl, CEO
Logistics is an old industry. it started out on paper, moved through the fax, early ages of the information era, early email, current email, and is now ready to move onto the blockchain.
“By using blockchain technology, we can decentralize logistics and create autonomous containers – container 4.0. This container will know who’s renting it, when the contract ends and when to invoice the customer. That’s why we’ve created the LOGI CHAIN platform. It allows us to create a seamless, fully integrated, digital logistics process that everyone can use for free.” - Richard Ettl, CEO
“Well-established processes often generate inefficiencies that we simply accept. And of course everyone knows change is painful. But at Smart Containers, we see things differently. Change is the only way to improve. We think that every process should not only be optimized but redefined and redesigned. Logistics today is highly centralized. It’s incredibly inefficient. So many wasted kilometers to huge warehouses.” Nico Ros, CTO
There will be more than one blockchain at play with this system as well. The info that people deserve to know will be available on a public blockchain like Ethereum, the weight, material safety data sheets, the storage conditions (which as said up above, 8.5% of pharma shipments have issues with, and Smart Containers brings that down to below 0.1%), as well as at the same time, the info that shouldn’t be public to everyone (Bills, invoices, etc) would be stored on a blockchain like Fabric or HyperLedger. LOGI will be the fuel for the LOGI Chain.
CMO Carla elaborating on LogiChain:
The LOGI project finds good echoes with logistics players but even more with blockchain infrastructures like NEM, EOS and NEO.
Emirates for once was enthusiastic about the project and definitely wants to join the foundation. As you know, the government of Dubai is focussing on applying blockchain asap to multiple industries.
We are also in exchange with ShipChain, who are running a similar project in the US. Our goal is to collaborate with a maximum of projects around the world.
The LOGI Chain Foundation will be set up in July, right at the end of the ICO. Dr. Fabian Schär, our valued Advisor, will be in charge of defining how the LOGI Chain Foundation will develop in the next 2-3 years. We think that we will be able to put out a PoC based on SkyCell until the end of the year.
We have not yet decided on which blockchain platform to build the LOGI CHAIN. We are highly delighted with NEM since they are already operative and offer a private and public blockchain on the same protocol.
One Chain to Connect them all - LOGI CHAIN
One platform to get all players up to speed, to handle all documents and permissions in one place. No more floods of emails. No more polluting the environment with senseless printing of documents. No more compatibility problems and clashes of individualized systems.
To show you how vast the amount of documents (and by this emails circulated) find a list of common documents needed for one air freight shipment below:
Documents of origin, Material safety sheet, Airway bill, Bill of lading, Transport order, Customs declaration documents & bills, Invoices, Product data sheet, Storage conditions, Transport conditions, Multiple service provider billings, Licenses, etc.
This adds up to the gigantic number of about 200 manually processed emails per shipment.
A combination of public and permission based chains will allow for all players in the ecosystem to store documents needed in the logistics processes. We are looking at multiple platforms to build the LOGI CHAIN on top including NEM, Fabric, Corda, EOS and NEO.


I’ll be using bits and pieces taken from their white paper and LinkedIn pages.
The Smart Containers team includes over 80 people, and is growing every year.
Richard Ettl - Co-Founder, CEO - LinkedIn
Richard wanted to know how things worked since he was a child. He has a passion for engineering and management. Growing up in Vienna, Austria and studying in Stanford USA and the University of Fribourg, Switzerland, he started his career at Bobst Group, a leading producer of packaging machines worldwide. In 2009, he decided to launch his own business together with his university friend Nico. After wide reaching scientific research and various proof of concepts, they founded today’s Smart Containers Group as well as SkyCell in 2012. Since then he has lead the companies to commercial success, seamlessly finding the right partners and investors at crucial points, as well as convincing more and more clients of the unrivaled benefits of the SkyCell offer
Nico Ros - Co-Founder, CTO - LinkedIn
Nico Ros, Chief Technology Officer & Co-Founder Nico is the mastermind behind Smart Containers Group and its technology. Growing up in Basel, Switzerland, he discovered his passion for mathematics very early on and therefore came to study mathematics, physics and engineering. Being a natural talent, he had already won prestigious architectural prizes during his studies and quickly became managing partner at ZPF an engineering company in Basel. He has constructed the most expensive buildings in Switzerland in collaboration with the famous architects Herzog & DeMeuron. Nico’s key strength lies not only in his state of the art engineering know how but also in his efficient management of teams, leading highly complex, multimillion projects to success. However, engineering alone did not suffice Nico. Having a passion for business and management, he decided to complete additional studies at the University of Fribourg, meeting Richard along the way. Everyone who meets Nico rapidly becomes aware of his sharp mind and his passion to invent new technologies. It is therefore not surprising, that both him and Richard ended up together where they are today.
Andreas Ernst - CFO - LinkedIn
Andreas is the true logistic finance expert in the company. He spent all his career in various finance roles of logistic service providers: from Swissair (today Swiss International Airlines), to Swissport (biggest ground service provider for airlines) where he filled the role as regional CFO for the Middle East and Africa. His last role before joining Smart Containers Group was CFO of Unitpool (now called Unilode), which is the largest independent air-freight container pooling company in the world.
Thomas Taroni - Head of IT - LinkedIn
Thomas is an IT-architecture mastermind. His first claim to fame is the creation of the largest media database, shared by all media houses in Switzerland: more than two million articles are uploaded every year, then queried and shared seamlessly and efficiently among multiple news companies. He founded his own IT company to design IT architectures focusing on process automation (eliminating paper and endless emails), and as a result won other clients (large banks, pharma companies and even publicly tendered government contracts). SkyCell became his client, when they needed a bespoke asset management system to track and trace their containers around the world. He joined SkyCell four years ago and since his tenure, has become the head of IT for all companies of Smart Containers Group.
Carla Bünger - CMO & Business Development Manager - LinkedIn
Carla is a marketing and sales expert. Building strong brands on solid foundations and convincing clients to buy its underlying products gives her huge satisfaction. She collected her experience through managing various international consumer brands, for companies such as Nestlé, Lindt and Coty. However, she discovered her passion for Blockchain technology roughly 18 months ago and has since been actively participating in the com - munity of Crypto Valley in Switzerland. The sheer endless application possibilities make her strive for more and she is drawing energy and enthusiasm from developing new business schemes around the subject. Her “can do” attitude helped to put together the high level advisory team around our ICO.


Strategic advisor: Oliver Bussmann, is CEO and Founder of Bussmann Advisory, former CIO of UBS and SAP as well as the President of the Crypto Valley Association. “our main advisor” - Richard
Strategic advisor: Marc Bettinger, Altcoin and Blockchain specialist and investor, Co-Host Altcoin Meetup Switzerland (Bitcoin Association Switzerland)
Strategic Advisor: Fabian Schär is Managing Director of the Center for Innovative Finance at the University of Basel. His research focus is on the potential and applications of blockchain. In addition, he works as a lecturer in blockchain technology at the University of Basel, the University of Applied Sciences in Business Administration Zurich (HWZ) and the University of Applied Sciences Northwestern Switzerland (FHNW).
Technology Partner: Lykke Corp. our highly trustworthy expert in smart contract programming and ICO execution. (Lykke also audited their ICO smartcontract)
Legal Advisor: Gabriela Hauser-Spuehler was part of the team of MME, the well-known law firm in the crypto space.
Communication Advisor: David Wachsman and Emma Walker from Wachsman PR, the crypto community’s most experienced PR agency.
Richard also states they hired a lawyer that worked on the Ethereum ICO, but I don’t know if it’s Gabriela up there or another person.


Min. investment = $500 USD for ICO, $5000 for presale (largest portion of supply), $250k for private sale.
There are two tokens as mentioned before: SMARC and LOGI. I’m more into SMARC because it’s safe (safe once the payouts start of course, as soon as a coin has a clear value like this, BTC moving up or down doesn’t matter to you), as well as obviously very attractive if you think of the long term profits.
Every year, the company’s annual shareholder meeting takes place, during which the shareholders will agree (or negotiate) on a proposal by the Smart Containers’ board about how much of the company profits is to be paid to the shareholders that year. 20% of that amount is taken, converted to ETH, and fairly distributed to the token holders.
Since the cofounders and all token holders will have aligned interests and incentives, we are all in a positive-sum-game. We do not want to use the ICO as a speculative springboard, but as way of funding innovation and change the world. Both Richard and Nico are committed for the long-term and not interested in a quick exit. Our aim is to use the collected funds to continue pushing the following business areas:
• Continue scaling of SkyCell in both B2B and B2C
• Establish FoodGuardians - the main goal if the ICO is to build and scale FoodGuardians
• Establish the of LOGI CHAIN Foundation
• Regularly evaluate organic scaling vs. M&A
• Evaluate IPO at relevant time
We are raising funds through an ICO to grow our container businesses in pharma and food. We push SkyCell from no. 4 to the no. 1 provider in the next 2-3 years.
The CEO in this video explains pretty easily why one would want to put money into this ICO over others:
“Why invest? [referring to SMARC] Simple question. It’s an up and coming company with revenue, multiple millions a year, most ICO’s have white papers…[we have much more than that].”
That's pretty clear. You can invest in random Xcoin ICO where they have some half-baked token that might see some level of adoption if it isn't just a cash grab, or you could invest in an actual multimillion-dollar company and be a part of it as it scales into what could potentially be a multibillion dollar entity.

The following is taken from the ICO, Legal, and Company FAQ

How will the profit share payouts work? 20% of dividends will be paid in ETH to all holders of SMARC tokens that are in circulation at the time of the payout. A given business year ends on 31st December each year with a general assembly held annually around mid-February. Therefore, dividend payout is expected around mid-March each year. In the event of a total sale of Smart Containers or the exit of one of its lines of business, the holders of SMARC tokens will receive a 20% participation of proceeds
Is there a future profit statement? No listed company can make an estimation or a commitment to a future return. To do so would neither be professional nor ethical. For Smart Containers, as with any company, profits may often depend upon a number of external factors, such as the general trust in blockchain technology. The question to be assessed is how fast a new disruptive technology can replace an old system. We believe that Smart Containers Group is well-positioned to facilitate this disruption, with a strong plan going forward and experienced team working to successfully implement blockchain technology in the supply chain. 5 years of industry experience, the 4th largest container fleet and a motivated team; that’s more than any idea whitepaper ICO.
What specific rights come with my investment? The SMARC token is a profit share token. When the company generates profits and the company’s general assembly approves a dividend payout, 20% of the defined funds attributed to dividends will be distributed proportionally to holders of SMARC tokens in circulation. In contrast, the LOGI token is a utility token that can be used to pay for transactions on the LOGI CHAIN, an open-source logistics platform for all stakeholders in the logistics field with the goal to create a seamless, fully integrated, digital logistics process.
Smart Containers will pay out a dividend to SMARC token holders. This would imply that the SMARC token is a security token. Are you compliant with financial regulation? Smart Containers tokens is not classified as a security in Switzerland under current law. This may be different in other jurisdictions such as the USA. Hence the SMARC token is not eligible for sale in certain jurisdictions. Our benchmark is the Modum token sale from June 2017. We have elected to use the same legal structure as it was accepted by regulators in Switzerland and well received by the ICO community and exchanges.
What is the vesting schedule for team and advisors tokens? Everyone will receive SMARC and LOGI tokens at the same time. Minting will occur at the end of the token sale. Advisors will have lock up periods depending on how many tokens they receive. Team members have a lock up period of 12 months.
Are SkyCell containers an approved ULD according to IATA regulations? SkyCell containers are exempt from the ULD rules by IATA. This has the huge advantage that, compared to our competitors, the SkyCell container can not only fly but can also leave the airport. Skycell containers are therefore a door-to-door solution. Our competitors’ containers, on the other hand, have to be unloaded at the airport and packed into a new transport unit in order to continue their journey from the airport to the final destination, increasing the risk of temperature excursion, and loss.
Are there financial statements? If so, are they audited, and by whom? Yes, there are financial statements for all our companies. They are audited by PricewaterhouseCoopers (PwC). To preserve our competitive advantage in the market, we have decided not to publish our financial figures online at this moment in time.
Are Modum and Smart Containers competitors? Modum and Smart Containers are not competitors, more future partners. Modum rents/sells sensors to track and trace shipments on temperature, whereas Smart Containers rents/sells the containers, in which products including sensors are put inside. Of course our containers have sensors that record data for quality control, but Smart Containers does not sell these data sets. In the end Modum and Smart Containers will address to the same clients - Smart Containers provides the container and Modum will put a sensor in it.
How many airlines fly SkyCell containers? In addition to our major partners, Emirates and CargoLux, more than 30 airlines fly SkyCell containers.
What destinations does SkyCell serve? SkyCell is a global company. We are shipping containers around the world and reach each pharma client within 24-48 hours. This is accomplished through our airline partners, that can fly ready-to-use containers to more than 150 airports.

Profit Sharing Mechanism

During the annual shareholder meeting, the shareholders in the form of the general assembly (Annual General Assembly) decide on a proposal by Smart Containers’ board regarding the usage of profit as recognized in the annual financial statements of Smart Containers in the form of distribution of dividends. Distribution of a dividend on shares shall be announced in the “Tokenholder Information” section of the Smart Containers website; such announcement shall include the date and time of the dividend payment and the dividend amount per ordinary share in USD as well as the ETH/USD exchange rate which shall become applicable, as derived from publicly available and reliable quotes. Within 20 business days of the date of the resolution passed by the Annual General Assembly regarding dividend payments to the shareholders of Smart Containers, Smart Containers will make available a Profit Share Amount to each authenticated Tokenholder equal to 20% (twenty percent) of all dividends agreed to being distributed per share to the shareholders, divided by the total number of issued SMARC Tokens (To further explain for clarity, all Tokenholders combined will receive an amount equal to 20% of the amount received by all shareholders combined.). SMARC Tokenholders shall receive these payments in ETH, at an average exchange rate specified by Smart Containers.


“Imagine your tomatoes tasting 1 day ‘fresher”.
One of the main reasons for the SMARC/LOGI ICO is to raise the funds to fuel the growth of FoodGuardians alongside SkyCell.
According to their CEO, SkyCell is constantly asked “can your containers be used for food?”, but there are several issues with shipping food and medicine together. This is where FoodGuardians comes in.
FoodGuardians offers the next generation of reusable containers and boxes to transport regionally and globally temperature sensitive food products.The combination of patented cooling technology, cutting edge insulation and Blockchain infrastructure allows to redefine the product’s freshness and traceability.
Our vision is to allow your local butcher to order your favorite steak directly from the producing farm and sending it straight to your grill party. (All without the buyer even leaving his home, let alone going to store)
Advantages of using FoodGuardians
Each FoodGuardians container can be tracked around the world on:
The phrase “Imagine your tomatoes tasting 1 day ‘fresher” has been used by the CEO a couple times, and is more or less the FoodGuardian slogan. This is referring to the fact that not only can FoodGuardian and SkyCell containers save cost, CO2, and man/brainpower, but they can also make shipments faster when combined with the blockchain (LOGI Chain) and Smart Contracts. when everything is accounted for at every second with almost as little room for human error as possible, things are far more efficient.
We are launching our first food application – we will announce a collaboration before June for a solution that can be used to ship overnight online fresh food to people homes and can be used to supply hospitals and restaurants as well.
FoodGuardians and SkyCell are two of the many possible use-cases for SmartContainers' tech:
"Other use cases. Yes indeed. We are just getting started!! However, it makes sense to focus on scaling SkyCell and FoodGuardians before starting something new. In the end we are a tech company. We have defined 7 use cases around the insulation technology. We have started with the most relevant 2 but will certainly continue."


SkyCell is looking to bring a business-to-consumer solution to market, that was developed and tested with one of the top 20 pharma companies in the world. The direct to patient market is estimated to increase to a 2.5 billion USD market in the future, with no other competition yet aside from styrofoam containers that are disposed of after one use. The SkyCell ONE can also be co-branded by a partner, such as a pharmacy chain that could rent it out for home delivery, business trips or even holidays.
The product is temperature stable for up to 72 hours, can be recharged passively in a fridge, or temp-controlled warehouse or truck. Currently it’s best in class for size and weight, but that’s probably down to there being no competition! Trials have been undergoing since June 2017 with an orphan drug product, and go live is expected in Q2 2018. - Cryptowithoutborders article
The SkyCell ONE container is showcased HERE
THIS could be a massive money maker. There is currently no direct pharma-2-consumer shipping service, because it really wasn’t profitable, or manageable on a central database. They can even sell this product to other supply chain entities to use. The direct to patient market is estimated to increase to a 2.5 billion USD market in the future, with no other competition yet, aside from styrofoam containers that get disposed of after a single
Q&A: Smart Containers’ Richard Ettl on Blockchain, Pharma, and how His Company’s Hardware and Software is Disrupting the Logistics Industry -
We are launching also additional sizes – so we are launching a very small box to ship pharma directly to patients' homes. Amazon just recently announced that they will postpone entering the pharma distribution space, as they do not have the technology to ship to patients homes in a temperature controlled manner. We are bringing this to market later this year. This will increase the convenience of patients and reduce the costs in the healthcare system.


I just finished listening to this podcast (20 minutes long, but you can skip the intro stuff to make it shorter of course). I’m now twice as excited as I was before. I’m going to type out a large chunk of the podcast. I’ll be paraphrasing slightly, so I don’t have to type every “uhh” or anything, plus he sometimes starts one sentence before finishing another.
“We have some prototypes, that we built, for example, for the Children’s Hospital here in Zurich, where we’ve designed a container that can transport living skin.” [Interviewer; “Wow.”] “So for young children that suffer skin diseases that could be almost fatal, like cancer, they grow this… patch of skin, and then that skin needs to be transported, and kept at body temperature so… roughly 37 degrees Celsius. There we designed them a box that did this for 10 days, autonomously.” [“That’s amazing…”] “Yeah, we did this because we wanted to learn how to interact and work with hospitals, this is a highly specialized application, and the next step could be organ logistics, because most of the organs today are transported on ice, because that’s the standard set in the 70’s, but studies have shown that if your transport certain tissue at room temperature, it is significantly better for the tissue than if you transport it on ice.”
I can guarantee you every major hospital on earth is going to want their hands on this container that can allow them to transport both living skin, and potentially organs in the future. The fact that in this day and age we’re still throwing people’s kidneys/lungs/etc in a bucket of ice is a little weird.
From the recent AMA:
Our Container BT5: The name stands for Body Temperature 5 L content. It transports skin grafts that was cultured for children with burn accidends. The temperature range is 37°c. Nico (our CTO) was so taken by this project, that he developped this container only for this purpose for a company calles Cutiss (a start-up from Zurich). We currently only have around 10 of these containers in use. It is not produced in on a large scale. We could market it, but have bigger opportunities to tackle first with the SkyCell one. You can only focus on 1-2 projects at a time. The BT5 is a beautiful project, but will need manpower to scale production and then manpower to market it.


Envirotainer, The leading company in this field, has only a matter of time before they’re overtaken. SmartContainer Group’s containers are proven to be superior (5x as efficient, 35% lighter, self-charging, etc, etc, read up above for the whole deal). According to the Googles, Envirotainer’s best year (2015) saw a profit of $50,000,000. It’s logical to assume that Smartcontainers will surpass them as the top dog, and at the same time be pulling in much more profit over time by serving both pharma, and the food industry (Envirotainer only does pharma). By accepting cryptocurrency payments, saving them a fair bit in fees from cross border payments, they’ll also net a small % more in profits annually.
I asked about the state of their competition. Turns out, Envirotainer (or more specifically the private equity firm that owns them) offered SmartContainers a buy out of $125m. This was one of countless offers they've turned down, because they believe they can scale the company to much further value. The firm selling Envirotainer has been trying to find a buying for the past 3 years, at $1b. No one will buy them, because anyone who knows their shit in that industry knows SmartContainers will overtake them in no time.
From April's AMA:
Our 2 biggest competitors are for sale. Envirotainer (biggest player) is owned by a Private Equity company that wants to sell it for 1 b USD. it already tries to sell for 3 years. SkyCell is considered a threat to the valuation of Envirotainer, since we are winning one client after the other from them. While Envirotainer is the largest player with a huge sales force and well established client contacts, they are still operating on an "old" technology. SkyCell is technology leader, has lighter containers, reduces CO2 emissions and is considered to be the future.
2 days ago, a private equity company requested a meeting to see the valuation of SkyCell and evaluate to buy. We have already been approached several times. We are treated as the bride in the market. However, Richard and Nico think we can scale the business much more before we should consider to sell. We are just getting started.
We have won 3 large accounts in Q1. Today we have 1200 containers. By the end of the year, it will be 2000. Our business plan estimates that SkyCell will be profitable in 2019. Therefore you can expect first dividends in Q1 2020.

Official Projections

Another redditor asked for "optimistic expectations for potential profits" during their ama, here was their answer:
How does a profit of 21 m USD on Smart Containers total in 2020 sound? This figure will then quadruple in 2021 to 76 m USD.
As you can see, this would mean that by 2021 tokenholders would not even have broken even yet. I myself am fine with this, i'm expecting to hold SMARC until the end (be it I die or the company sells, in which case i'll enjoy that fat exit payout). The potential gains from 2020-2030 are far more worth it to me than trying to make it in one year with heavy risk.
So why invest in this over a random shitcoin that might moon? If you're here to turn $1000 into $1m and get out by the end of the year, good luck, don't invest in smarc. If you're realistic and are aware that crypto will only be so volatile for so long, go ahead and think about putting a bit of your portfolio in something that will have actual value, lasting long after the shitcoins die. Crypto market could crash at any time, but that doesn't mean that SmartContainers as a company goes anywhere, nor their profits. I don't think I need to explain any further.


A 5 year old company, with over 100,000 collective hours of R&D put into their products, with currently just under 100 innovative patents, that is already the 4th largest of it’s kind in the world, with the top product in their field on earth, is doing an ICO that is fully backed by the Swiss government, with a token that is due 20% of all future shareholder payouts, as well as 20% of any potential exit profits (the company being purchased). They’re already this big, and you can benefit from both their success, and their expansion into new markets.
There’s nothing stopping SmartContainers Group/SkyCell/FoodGuardians from working with VeChain in the future either. Or Walton, or Wabi, Devery, OriginTrail, Ambrosus, all of em.


Terms of Token Sale
CryptoWithBorders Article
Medium post reviewing SmartContainers
Interview with Richard Ettl, Co-Founder & CEO of Smart Containers on SMARC Token Sale | TechBullion
Interview with Richard Ettl - CryptoRich - Richard talks about some of their patents in this video, I think about 20 minutes in. Whole thing was worth watching imo
Podcast on how Blockchain + Smart Contracts will change how we ship things globally - 20 minutes, I REALLY recommend you listen through it, but do skip the intro if you want.
CEO Richard Ettl speaking at Crypto Finance Conference in St.Moritz - about 14 minutes, also highly recommend you watch this as well.
SkyCell Video
Strategic Advisor Oliver Bussman (President of the Crypto Valley Association, Former CIO of UBS and SAP), on SmartContainers
Marc Bettinger on why he took an advisory role with SmartContainers - (many may know him as "altcoindad")
Michael Guzik - Former 'Head of Blockchain' at PWC, current Head of ICO advisory at Lykke - why he's involved with the Smarc/Logi ICO
AMA with Carla Bünger - CMO & Business Development Manager of SmartContainers
AMA with Thomas Taroni - Head of IT of Smart Containers
Q&A w/ Richard Ettl - Nexchange
Should you invest in this? I sure am, and am very glad to even be offered the opportunity, but it’s up to you. Read through this post if you haven't yet, then click these links and decide for yourself. Don't go all in of course, since this is a profit share token, there is much less risk, therefore less short term reward. The long term reward is what we're looking at here, don't buy into the ICO and then complain that you aren't getting 1000% ROI payouts by year one.
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