The Future of Blockchain

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The Future of Blockchain

Postby SashaGallagher » Sun Jan 07, 2018 4:20 pm

And for anyone that needs this completely explained, I am about to completely explain it.
https://steemit.com/bitcoin/@marsreside ... -own-money

So, what problem am I Solving here? Why isn't Steemit enough?

Steemit is not an end result, it is an example. And to prove how wrong the implementation was (not detrimental, just impairing), you need look no further than the Namesake. Steemit is meant to be a Copy of Reddit, but with Money being given out for Votes. And that is a great idea, I am not discounting that.

But here is the Problem I am solving. There are already websites where people make Money. People make Money on Youtube, people make money by using their Twitter Followers to advertise for Tide or Iphone, or whatever Snoop Dogg can sell on his feed (nothing against Snoop, and I am not finished explaining yet), and people are on Instagram all day hoping to make a Brand that they can sell, or become a Model; then on Facebook people are using their Pages and Feeds to sell things.

And Youtube, that is the best example of the Problem that needs Solving. YouTube has Adsense which allows you to be paid, directly to a Bank Account. But you have to apply, and give them your Social Security Number, then actually earning money on YouTube is nearly impossible unless you get a sponsor, and join a network of Youtubers who you can have your videos attached to. And it doesn't matter really how many likes you get, or comments, it is all about views. And on top of that, you have to put ads in your videos that have nothing to do with your videos at all, and people don't really watch or click on anyways. Steemit is the example, Youtube is the Problem, are you starting to undersstand the Solution?

Now, further, Forums. Most people don't use forums, but there are examples like the Joe Rogan Forum, where there are MMA people, and DMT people, and Conspiracy Theorists, and random people, all in 1 place. And Joe Rogan has a Podcast, where he has Advertisers who pay him money to sell you things. But you do not make any money off of Joe Rogan. To Joe Rogan you are a product that he can sell to Audible, or Snack Boxes or whatever company he is selling things for that day. But if he created a Blockchain for his Forum, the whole community could be creating wealth for him and themselves. Same for any other Youtuber, or Podcaster, or Blogger or anyone with a Forum.

Then, not just YouTube, a website like BlogTalkRadio could put their website on a Blockchain, and everyone making Podcasts there could earn money straight off the Blockchain.

Once every website that wants to offer you money is on a Blockchain, you will be able to not only be able to Democratically earn money on a Website like Steemit by liking other people's Content and getting likes. But you will Democratically be able to choose which website you want to earn on.


And if anyone is wondering how this all = money. It is through the exchanges. You trade these coins for Bitcoins, then you can cash those out into your Bank, or you can do things like buy Gift Cards on Gyft.
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Re: The Future of Blockchain

Postby SashaGallagher » Sun Jan 07, 2018 5:52 pm

Here are a bunch of Open Source Apps that people can attach to Blockchains
https://steemit.com/steem/@marsresident ... on-archive
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Re: The Future of Blockchain

Postby SashaGallagher » Sun Jan 07, 2018 5:54 pm

Just as an example, you can call any company you want, but everyone could call Instagram right now and tell them "Why is your Website not on a Graphene Blockchain, and why do I not earn InstaGrams or Instas or or InstaCoins or something every time I get a Like?"

650-543-4800
support@instagram.com

And you could also make an Istagram Post. And if the people with the most Followers on Instagram, realize that they could just be earning money Directly from posting on Istagram, if Instagram just plugged their APIs into a Graphene Blockchain, and redid their Buttons, then it would be done by the end of Winter, whenever the Ground Hog decides that is, right? I mean come on. Let's just get all this stuff in use.
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Re: The Future of Blockchain

Postby SashaGallagher » Sun Jan 07, 2018 5:59 pm

You could also ask: Why is the website I am reading this not on a Graphene Blockchain, and why am I not earning real Currency for being on this website right now?
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Re: The Future of Blockchain

Postby SashaGallagher » Sun Jan 07, 2018 6:49 pm

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Re: The Future of Blockchain

Postby SashaGallagher » Sun Jan 07, 2018 7:06 pm

Calling Bitcoin the Internet of Money, which is what the Bitcoin community did, confused people. And my Coin is going to represent a new kind of Coin, created for a reason. For example. Create a Coin for your Religion (which is what this Coin will be, not called Hindu Coin though), or create a Coin for your Town, or a Coin for your State, or a Coin for your Company, or anything.

This is not going to be the Internet of Money, it is the Hashtags of Money.

People with Websites should be making Graphene Blockchains to attach to their Websites; but people who do not currently or want to operate some kind of Website that many people can use, like a Forum, or exmples like Steemit and other things that can be put on a Graphene Blockchain. You can make a regular Coin, a Scrypt Coin Clone, or a Cryptonote. Here is information about Cryptonotes.

The same way Cryptonote created a sytem where anyone can create a Coin, and Forknote created a more streamlined version. I am going to add to that, and I will teach everyone who wants to learn, how to make their own Coin using the page where the Religious Coin files are. So I will take the Cryptonote information, and the Bytecoin information, and everything I have done to figure it out, and the things we went through to make their Instructions work. And I will make it easy for everyone, and since everyone's first question is probably "What would I make a Coin for?", my main point will be to Answer that Question for everyone. For your Town, for your Religion, for your Church, for your Charity, for your Government Organization, for your anything. Create a Coin.

Then I will teach people how to get the Coin used by more people. The Cryptocoin system is no different than the Stock Market, or Currency Exchanging between Countries Currencies. It is the same. And it would make a lot more sense if they had meaning.

And btw, I want to explain something about how the Market works for everyone, and about how we can make some money once our Coin has Value. A "Bitcoin Whale" is a person who has a ton of Bitcoin, the concept also exists in other things like Stocks. A Bitcoin Whale has so many Bitcoin, that if they sell a percentage of them, they can actually change the entire Bitcoin market. So, they use this leverage to make Money. The worst/best example is a Bear Whale. A Bear Whale drops the prices so low it scares everyone, then everyone Sells. So then the Bear Whale buys all the Coins everyone is frantically Selling Lower and Lower, they get a bunch of cheap Bitcoins, then they raise the Price back up.

So, the first 100 or so people that are involved in mining, will have that kind of Power over the coin's market. And we can make a lot of Money with that by itself, or that mixed with Bitshares Assets, or that mixed with another Currency we make later, etc.

Once the Coin is launched, it will be ideal to start setting up Mining Pools. So anyone who is interested in Mining, and knows a little about Programming, this is a way where once there are Hundreds and Thousands of people Mining this Coin, their best bet to get the most Coins will be to join a Pool, put their Mining power toward the Pool, get a portion of all the Coins the Pool gets from every Block, and the owner of the Pool collects a small amount of fees from everyone. But once the Coin is up and running, people can start setting up Pools.

And you can set up Pools for various Coins, so you can add new Coins that you want people to mine to your Pool.

Think about it this way, why do you buy a Stock? Because you heard that Google or Apple or Tesla are launching something new. The US Dollar Represents a County, the British Pound Represents a County, the Chinese Yuan Represents a Country. What does Bitcoin Represent?

Imagine if when #IceBucketChallenge happened, instead of doing it to get people to Donate, what if you could have mined #IceBucket coin, and given money to Research that way? They could even Premine 50% of the Coin Automatically in the Code (our Coin won't have premine, but the purpose would usually be fundraising), then launched the #IceBucketChallenge, and you can actually Mine the Hashtag, and make money from the Hashtag while the creator of the Hashtag makes money.

But you can also do it for your Town, for your Company, for your Temple or Church, for anything. And share it like a Hashtag, and people don't have to dedicate themselves to 1 Coin, you can mine as many as you want.

And with Cryptonotes, the big Mining Farms can't take all of the Coins, because they are made for Computer and Laptop Mining. So these are Coins that can't really become to hard for anyone to mine, as long as everyone knows where the new ones are.
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Re: The Future of Blockchain

Postby SashaGallagher » Sun Jan 07, 2018 7:32 pm

Think about this for a second. Why does anyone in America want to build a Wall? America thinks itself part of some Alien World. We are not part of Europe, and at our Northern Border is Canada, and our Southern Boarder Mexico. And after NAFTA the Peso to USD exchange rate went from something like 200 Pesos to 1 USD, to now around 20 Pesos per 1 USD. But after NAFTA people began to move to the Factories, and live near Factories, and lost their Culture. And if they were farmers, suddenly their crop had a Global Market value, and not just its value within their local Community. And it destroyed the Individualism of Mexico. This is why the Zapatistas rose up, and the Cartels, and now people want to come to America. And there are Americans who want to build a Wall.

But once this economic situation is corrected. And America stops pretending it is on an Island with Canada, and not part of a giant land mass called "The Americas" which includes both North and South America. A Wall would be nothing more than a Statue.
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Re: The Future of Blockchain

Postby SashaGallagher » Sun Jan 07, 2018 7:52 pm

Currencies, both fiat and crypto, don't actually contain any value they simply represent value. They are called Trade Instruments, meaning, instruments that facilitate trade. Stocks are an example of trade instruments that aren't money, they have no actual value but they represent a share of a company and the company itself does the work that turns the profits that gives a share its theoretical value. All trade Instruments work along the same lines: Fiat is traded by banks and Foreign Exchange companies, Stock is traded on Stock Exchanges such as the New York Stock Exchange and Cryptocurrencies are traded on various Cryptocurrency Exchanges. All of their values are representations of real things, for example Stocks Represent created and distributed goods and services by a particular company, while fiat currency represents created and distributed goods and services of a nation. Both change based on industrial/technological/scientific/developmental/etc. advancements within those companies or nations, as well as various factors such as trade volume and inflation. It is best to trade your trade instruments at the highest value possible and use them to buy real items, such as: Precious metals, Livestock, Software, Machines, Produce/Seeds, Land, Realestate, etc and then use those to get more trade instruments.

Trade volume is how many people are buying and selling a particular currency or stock. The more people who are buying it, the higher the value will rise.

An example of Inflation is when the United States starts printing too much money. When this happens a dollar starts being worth less, which in turn means it will take more money to buy the same materials. For instance, if you go to the store and one day Milk is $3/Gallon but then you go a few months later and notice it is $5/Gallon, this is because of inflation. Inflation also drives things like the minimum wage and social security checks, which are usually based on the cost of living. Cryptocurrencies with no cap will eventually inflate into eternity and lose value, unless they have a high trade volume.

Supply and Demand is the comparison of how many people want something against how many their are of that thing. For example, when Apple creates a new IPhone the value is higher than it really should be and as the technology slightly or drastically ages, the value goes down.

A Whale is a person who has a large quantity of a certain trade instrument and uses that to effect the markets. For example, if someone has 51% of a particular stock they could either sell them all quickly which would bring the value of that stock down, or they could hold on to all of them which makes them more rare and makes them more valuable.

Bubbles are when something is artificially high in value, 2 examples of this are: IPhones as mentioned before, and Gasoline. Gasoline raises in value based simply on the speculation that "one day we might run out", this creates bubbles which raises prices. But Gasoline will probably be replaced by ethanol before it ever even gets close to being used up.

Look at different exchanges- Sometimes you can get more on one site than you can on another site, for the same coins. And sometimes you can even buy coins on one site and sell them on another site for more. This works better when you are trading Crypto to Crypto rather than Crypto to fiat.

Use coins to create goods and services- Don't just use coins to buy random things, buy software and other goods that you can use to produce things or spend them on things like textbooks. Create a product if you can.

Promote your favorite coins- If you have a favorite coin and buy some, don't forget to share it on social media.

Create a currency- Satoshi gave out the Bitcoin source code so that people could make their own currencies.

Create an exchange- Transaction fees can earn the owners a lot of coins and you can help fledgling altcoins by offering them on your exchange.

Don't buy above spot- If you are trading coins for precious metals, check the current global value of that metal and buy as close to that value as you can.

Invest in foreign countries- Don't think America is the be all end all.
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Re: The Future of Blockchain

Postby SashaGallagher » Sun Jan 07, 2018 11:35 pm

January 20th, you can use Temple Coins to buy Marijuana Seeds. Seeds that are unlike any other Marijuana seeds. They are 1/2 Malawi, and 1/2 Dispensary Genetics.

Strawberry Stardawg X Malawi
Strawberry Diesel X Malawi
Hindu Kush X Malawi
Early Durban X Malawi
South African Kwazulu X Malawi
Danky Kong X Malawi
Banana Crack X Malawi

So if you want any of these Strains, you want to get Temple Coins right now.
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Re: The Future of Blockchain

Postby SashaGallagher » Mon Jan 08, 2018 3:33 am

January 20th,
Similarly to how the first Bitcoin used to buy something was 10,000 Bitcoins (now $10,000,000+) for 2 Pizzas; we will be exchanging Malawi based Genetic Seeds, for 10,000 [TMPC] Temple Coins each.

February 20th,
We will have our own Bitshares, OpenLedger, Cryptofresh, and Bitsharestalk clones.
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