Posts

Authority Capital

Consider this post as a Breaking Bad cold open. S1E01: A guy in underpants and lab apron, driving an RV with 2 corpses and loads of broken lab apparatus, the door with bullet holes, driving through the dessert, veers off road and smashes into a rock. Do decisions not come at a cost? Why can't we ask the authorities to pay for their choices? With the ' Cost of Authority '. You are a talented person interested in working for my company so allow me to introduce you to it. It's a company which produces some goods and services and earns a decent profit. There is tons you can know and learn about cryptocurrency from a plethora of resources from around the web. To our concern is the fact that we can, AND DO produce our very own currency which is as (if not more) well backed as the usual fiat currencies you are comfortable with. To avoid confusion, let us call your regular familiar fiat as Xm and our home made currency as Ym. Ym is only accepted here and is of no w

Capitalism 2.0

<<Previously in Karkarduma The finest thing Facebook ever did to itself after its creation was replacing ‘Likes’ with ‘Reactions’. If you have a fair acquaintance with computer science and are wondering how do these quantum computers work so fast, or what the heck are qubits , they are basically higher dimensional classical bits. It is this ability of qubits to grow exponentially, that is the key behind quantum speed up. Everybody knows that the square root of negative numbers makes no ‘Real’ sense. Nevertheless, we included complex numbers (a -> a + ib) in mainstream mathematics and it is now virtually unimaginable to work without them. The purity in the provenance of quantum physics is ineffable. The theory of general relativity by Einstein liberated our understanding of the universe. Nowhere else do these two major pillars of modern physics coalesce as organically as in String theory. Although impossible to prove thus far, a major ramification of the t

Is a multi-currency model possible?

<<Previously in Karkarduma The fundamental theorem of plane suggests you need only 2 non-collinear vectors to define a plane. 3 non-coplanar vectors can define a space. Thus to increase the spanned subspace of any entity, we need equivalent independent entities which serve a similar purpose in a similar context. Id est, to vectorise money, we need more and different money. If you can’t follow anything — you’ve missed the preceding lecture . TL;DR: The current capitalist system is antedated. A very desirable evolution would be if we upgrade our fiat currencies to vectors rather than scalars. So the question I want to discuss here is: Can a multi-currency model work? Of course. The world is a multi-currency model.But who is going to be the overlord of these new currencies here? I wish to dedicate an entire post to that discussion later but it is difficult to proceed without discussing it briefly here. Since the key idea was to preserve individuality, how ab

N = 2

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What's common between American Beauty, Logan and Deadpool 2? You know that the lead is going to die in the end but the build up to it is gonna keep you hooked. Close your eyes and travel to a fictional world — a superstable bipolar world. There are about a hundred countries in there, of which 2 are by far much bigger than others in wealth. Let us call them CSR and CSA . CSR is a ~perfectly communist state while CSA is perfectly capitalist. The currency in circulation in both the states is Publes and Tollars respectively. All the other ~200 countries in the world are in between the 2 and none of them have their own currency. All the other countries have happily accepted to use both their currencies for internal and external barter as well. Now recollect the meaning of currency we discussed in the last post . Done! You are now free to price your goods and services (GnS) anyway you want. Your pricing will be a rather quantitative representation of your ideologic

The Force awakens a new hope

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Previously in Karkarduma... We tried to extricate individuality out of the economic spectrum by hypothesizing a Bipolar-bank-country model. We saw how such a model just couldn't stabilize as a proper bipole without sufficiently accrued 'repulsion' between the two. In this post, I hope to show how the political dynamics may evolve the system to a more genteel and harmonious extension. No Front Is Ever United As stated before, the key idea is not contention, but coexistence. Despite the repulsion, there's liberty to chose your precise stand on the spectrum. It's a fuzzy logic system. You are not a participant of either 'team' - you have a degree of participation to particular team, and an implicit supplementary participation towards the other. This very liberty aids to the 'divided fronts admist repugnant poles' . But that is still a hard to resolve paradox. The trouble will surmount in another direction . Here's what has happened: If the silly