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As you note, many kids grow up with poor or no proper role models. But also, some that do have parents who are good role models still seem to have problems. I think a lot of it has to do with the education system turning these children 'soft'.

When I was in school [back in ancient times...] bullying was when someone beat you up and took your lunch money. Name-calling was something you were supposed to ignore.

I'm sure most of you here know the old 'sticks and stones' rhyme, but that is foreign to today's kids. And I think they are suffering for it. They seem to lack a 'mental toughness'.

Thanks for this topic, Abaco. I'm a husband and father, and I have to admit that Galt's oath bothered me some with its pledge not to live for the 'sake of another man'.

We were fortunate enough that my wife could be a stay-at-home mom to our children. Would that put me in 'violation' of the oath?

AS only mentions in passing that there are married couples and children in the Gulch, but not really how that relates to Objectivism. I suspect that AR not having children led to the lack of children in AS. None of the major characters have children, which is not really reflective of society as a whole.

Exactly. It is "perfect property". As a "template".
Now, what you do with it is up to society.
How you value it, is up to society.

The trick is the Network. How many people will learn to use it? Try it out? Work with it?

Then, how can we apply it where we need it. My favorite example is the Federal Reserve. We could literally automate everything they do with perfect transparency.

In the stock world. Imagine a block chain tracking every share issued. Perfectly. (The brokers currently are allowed to "over sell" a stock, one guy bought 100% of his companies shares, and found that 20% was still out there trading. LOL)

The antisociopathic virus bioweapon.

👍 Better yet, a new virus that affects only power/wealth seeking parasites and reduces their mental capacity to human age 1.

I will continue to order mine as usual...

Government needs a massive overdose of Ozempic!

Abaco, Well said.
Objectivism as a philosophy is understated on some topics, children especially. More thought is needed.

There is a quote I cannot place, something about the merits of practice v. precepts -
It is possible to do the right thing without having the theory perfected.

The story sounds so "Atlas Shrugged"...

Thanks for the explanation. So...it's value is that it can't be taken away...essentially? Sure, there are some other people who place value on it. There are some who place no value on it.

Can't argue with you, Aeronca...

I didn't go but that was just because I wasn't drafted- drew a high number in the lottery.
I would have gone but I wouldn't if I had known what I know now.
I was young and in my case ignorant of what was going on, not stupid.
The truth was hard to find then, too.

Nice article. Thanks, FFA. Kash, if confirmed, has a lot of work to do.

Fixing is so much harder than nuking. I would love to see a fix. Maybe a big counterclockwise swirling flush?

LMAO
A-so, . . you mean rand over?

Kids are being treated as a resource instead of a source. Parents are abdicating their role to social media companies. Social-mental illness is the result. I think we are being digitized through our online technology use.

That last one must be Japanese?

Abaco, glad to try to help. First, BTC is a brand and has many things "attached" to it. These things separate it from "clones" or similar crypto coins.

Primarily, it is a trustless ledger for transferring the crypto/underlying and recording transactions using millions of miners worldwide to record everything.

Crypto is a reference to "Strong Cryptography", which is how we SIGN transactions. Imagine a 158 digit PIN is protecting your wallet. The simple magic is that when you sign a transaction. It's complicated, but that signature can be confirmed without "burning/showing" your PIN.

this is what makes it trustless. (A reference to the fact that if you give me a check... I have to TRUST that the bank on the check actually exists). In this case, if you sign a transactions and post it. The coins will be transferred to my wallet.

A Wallet is just an Address that can receive coins. Your PIN protects your Wallet. Every Wallet has a different PIN. Think of the PIN as the Private Key. The opposite half is the Public Key. (Your wallet address is PART of your Hash of your Public Key). Public keys can be shared. Once you LOSE your private key, your money is lost.

That's Crypto as a Concept. What does it really do? It records transactions. They can contain additional information. There are blockchains out there that store "files". There is a block chain for doing DNS, which guarantees that only the owner of the domain can change it (no government shutting it down).

This is the next most powerful concept. NOBODY ultimately controls it. It is controlled by people who want to protect it conceptually, and they require consensus to PATCH/Change it.

That's it. Is it an Investment? Is it really digital gold?

This is up to each person to decide. It's a way of owning something that NOBODY can take from you. There is NO system that can reach in and take your BTC from you.

It is "Perfect Property" according to Michael Saylor.
If you own Property in New York. You could get sued, and forced to sell it. You could miss a tax payment and have it stripped from you. Or, NY may decide you have no right to do anything useful with it.

The test is this. If you were offered $1 billion worth of GOLD, SILVER, or NY LAND or BTC. And you could NOT SELL IT, and were required to leave it to your children, and protect it so they actually got it. Assume 30 yrs will go by.

Which would you prefer? (I would take BTC).

Keep in mind. You will have to pay storage for Gold/Silver.
you will owe property taxes for the property.

That's all BTC is. It's a concept of digital ownership of property (digital property). Eventually every Title will be on a blockchain. (It's also an immutable record of the transactions).

ETHEREUM adds programmability with Smart Contracts. Which could actually be setup to run the ENTIRE Federal Reserve w/o people!

I guess what I was saying is that there still needs to be someone that can execute a pardon (or an exoneration). Perhaps two people, one from each side, and they have to agree on the outcome, or it doesn't happen. It's almost like my thought the other day that each State should have one Senate representative from each side of the aisle. But that too is not workable, it would be like saying one person from each sex, or one from Good, and one from Evil. And what would prevent the evil from controlling both of them?

I'm really confused these days at age 82 (and a half), and it's getting worse. Now I'm trying to figure out if I was good or evil for going and for fighting in Vietnam. Some punk told me the other day I was "stupid" for going. It was okay though because I wasn't armed that day..

looks good to me, will get back with more

No, I mean no pardons for treason. If one can be 'pardoned' before the trial, that is unacceptable, too.
If found guilty and they are not executed for treason, then they could appeal if there is a basis for appeal.
Based upon the obvious corruption show in the past 8 years against anyone who disagrees with the Deep State tyrants in D.C.
I have little confidence that judges can be trusted to uphold the Constitution against the Deep State tyranny.
I have no confidence that anyone supporting Trump could get a fair trial in NYC or Chicago or Seattle or Sacramento either.

He never did anything wrong.... Unless you count all the times he sold dope disguised as a Nun.

You said "accused", I'm sure you meant "Convicted". "No one (....) should ever get a pardon". I have to disagree with "no one should ever get a pardon", sometimes new evidence comes to light, sometimes it's done illegitimately. But then again, maybe you're correct, no one should get a pardon, they should be exonerated. I look at Trump, Jan 6th, the cop that supposedly killed George Floyd, they all should be exonerated, not pardoned as long as they did something legally.

I don't know how a pardon might be legitimized in everyone's mind, when we seem to have so many opinions about the law and everything else. I guess for some of those issues we just need to let God sort it out, He usually does. There can be no tolerance for evil, and right now the supporters of the left are pure evil. It's got to change starting next month, or the people need to wake up and start recalling their representatives. It's no different than allowing an incompetent president to change the rules and make evil and/or illegal decisions that any of us have to abide by, except our government officials. It's a good thing (for me) that I don't live back there in the east. I'd be an insurrection; more likely I'd be in prison.

Don’t know why anyone would vote this down so I bumped it up. Ok, I’m on a train and downloaded this to check it out. I’ll get back to you.

I'm not a fight fan, but I like your idea of justice and compensation.;^)