There's even something like this, that lets you browse via bittorrent: https://github.com/mafintosh/peerwiki
203 karma · joined April 19, 2016
There's even something like this, that lets you browse via bittorrent: https://github.com/mafintosh/peerwiki
If you can do 4 hours of productive work, truly, no distraction, deep productive work, then you're likely way ahead of your peers.
Leave the rest of your time for shallower work, which doesn't require intensity of focus, and make sure to spend some time re-charging, where you focus on not doing work or being connected at all.
I agree with you that the mPesa transactions are much more likely to be transactions for goods and services, but I don't think Bitcoin can be counted as an abject failure just yet.
That being said, there are number of ways you can store your crypto-currency, with varying degrees of trust-minimization:
- Use a multi-signature smart contract wallet, where a master key has power to move the money. If the master key is lost, the money can be moved by X out of Y keys signing off on the transaction. You can then distribute the Y keys to your trusted associates, preferably without telling them who the other key-holders are.
- Use a dead-hand smart contract wallet, where the money can be retrieved by a trusted associate, if the dead-hand switch hasn't been activated within Z amount of time. Can be combined with the above, in case further trust minimization is needed.
- Store your crypto-currency at a FDIC exchange. Pretty much the same model as the banking world. This really should be the go to way for the average Joe, as it mirrors what you currently can expect from online-banking.
At other times, it means selling F-16s, Apaches and munitions to Saudi Arabia, so they can carry out a brutal bombing campaign in Yemen. There are no good or evil regional powers, only national interests and the smaller nations which either get in the way of those, or help you achieve them.
Let's try to list the options and see what optimizes for least bitterness/spite.
1. Leave the company to pave your own way.
1.1 You're more successful than your father, but his company does well.
- He's proud of your success
- He's envious of your success
1.2 You're more successful than your father, as the company flounders without you.
- He's resentful of you betraying the company.
- He's remorseful for not appreciating how valuable you were.
1.3 You're less successful than your father.
- You're resentful about your lack of stake in this success.
- You're at peace, knowing your contribution wasn't necessary to the success of the company.
2. Lawyer up and fight for your right to the company/companies code base. 2.1 Litigation is successful, and you're awarded meaningful compensation.
- I only really see this souring relationships, but it might be mendable in the future, if you continue to grow the company.
2.2 Litigation is unsuccessful.
- Relationships are still soured, but nothing to show for it.
3. Continue status quo. - Your dad comes to value your inputs, and eventually rewards your diligence. I think this is unlikely, unless something indispose him from working.
- Your difference in vision becomes more frequent, until you can't work with him anymore.
- You continue with ownership limbo, as your bitterness about the situation grows.
There are probably situations I haven't accounted for, and the probabilities of these outcomes are largely dependent on you, and your dads personalities. My own bias is probably showing, but I think your best option is to leave the company, and forge your path.Of course, Bitcoin as a vehicle for tax evasion isn't a good brand, unless you're very libertarian.
Don't forget that decentralized currency is a rather new technology, and is constantly seeing progress being made on all fronts. You can even mine Grid coins doing SETI and Protein folding work!
So to answer your question succinctly; The deflationary nature of Bitcoin is intended. It's quite possible to build inflationary Crypto-Currencies, but it would be difficult to gain traction with early adopters.