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Showing posts from March, 2020

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