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{
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  "op": [
    "transfer",
    {
      "amount": "0.001 STEEM",
      "from": "dtube",
      "memo": "Time is running out, claim your DTube account now before anyone else can! Login at https://d.tube",
      "to": "jimmo"
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{
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  "op": [
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    {
      "author": "jimmo",
      "body": "@@ -1623,24 +1623,34 @@\n lly fear....\n+ consumers\n  voting by f\n",
      "json_metadata": "{\"tags\":[\"dtube\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "colintalkscrypto",
      "parent_permlink": "3s3lotv7tvz",
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{
  "block": 35512206,
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    {
      "author": "jimmo",
      "body": "Hi Colin,\n\nThanks for the link. I watched it all the way through. I've seen similarly-titled videos in the past but thought I would watch it all the way through to make sure of its content. Having done so, I have to say that, having once subscribed to the 'federal reserve is a private bank' narrative, I no longer do. In case you're interested, here is why....\n\nTo put it succinctly, there are only two ways of voting market winners into position.... voting with one's feet, or voting with the gun(otherwise known as the ballot-box).\n\nTo elaborate:\n\nThe debunking of what I refer to as 'The Monopoly Fallacy', is what did it for me. The fallacy is that any private entity can exploit consumers indefinitely, and it is the real justification for government intervention. The fallacy busting goes like this: No coercive monopoly is possible without the State's involvement.... none. There has never been a coercive monopoly that survived without State assistance. So a truly private entity has no coercive power to exploit.\n\nIf you just think it through, for a minute you'll hopefully see what I saw (It's the missing piece). Those behind the Federal Reserve have zero power to exploit... except by the consumer running to big brother for protection i.e. running into the arms of the State. Remember every Fed chairman is appointed by the State. The fed res act was passed into law.... that means it has special powers and is thus ipso facto *not* private.\n\nAny consent given to the State to represent the consumer's interests is misguided and is instantly turned into special interests' empowerment to bypass what they really fear.... voting by foot. This is how the worst among us, in the West, have risen to market domination. It is the **only** way it has ever been accomplished and it is the only way it can continue. It's cynical because they have hood-winked the unsuspecting into resorting to threats of violence when it comes to quality control, which of course is not a legitimate use of force.",
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      "parent_author": "colintalkscrypto",
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    {
      "author": "steemitboard",
      "body": "Congratulations @jimmo! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/https://steemitboard.com/@jimmo/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@jimmo) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=jimmo)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
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      "delegator": "steem",
      "vesting_shares": "9034.107087 VESTS"
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      "vesting_shares": "29281.359062 VESTS"
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{
  "block": 24827085,
  "op": [
    "comment",
    {
      "author": "jimmo",
      "body": "@@ -1,8 +1,187 @@\n+To answer your question (how many investors will be put off by centralized nature of this project that looks like it will be popular?), my answer is: probably not nearly enough.%0A%0A\n I see qu\n",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "marketingmonk",
      "parent_permlink": "thoughts-on-hedera-hashgraph-crowdsale",
      "permlink": "re-marketingmonk-thoughts-on-hedera-hashgraph-crowdsale-20180806t080029575z",
      "title": ""
    }
  ],
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{
  "block": 24826512,
  "op": [
    "comment",
    {
      "author": "jimmo",
      "body": "@@ -238,16 +238,18 @@\n k about \n+de\n centrali\n",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "marketingmonk",
      "parent_permlink": "thoughts-on-hedera-hashgraph-crowdsale",
      "permlink": "re-marketingmonk-thoughts-on-hedera-hashgraph-crowdsale-20180806t080029575z",
      "title": ""
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{
  "block": 24824849,
  "op": [
    "comment",
    {
      "author": "jimmo",
      "body": "@@ -507,16 +507,296 @@\n  of it. \n+Transaction cost and speed can be used against pro-liberty human beings, too. Is that really what we want... a more efficient central-planning polit-bureau? These technical transaction capabilities can form part of a corruption-beating effort, if the bigger picture is maintained.\n %0A%0AIt's t\n",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "marketingmonk",
      "parent_permlink": "thoughts-on-hedera-hashgraph-crowdsale",
      "permlink": "re-marketingmonk-thoughts-on-hedera-hashgraph-crowdsale-20180806t080029575z",
      "title": ""
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{
  "block": 24824670,
  "op": [
    "comment",
    {
      "author": "jimmo",
      "body": "@@ -674,9 +674,65 @@\n he world\n+ and the resulting number of aggressive wars being waged\n .\n",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "marketingmonk",
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{
  "block": 24824624,
  "op": [
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    {
      "author": "jimmo",
      "body": "I see quite a lot of crypto' enthusiasts coming from the position: \"I'm 100% for decentralization... just don't ask me why.\"\n\nThe killer app' is still money, but money with a censorship-resistant accounting record.\n\nSome crypto' fans talk about centralisation as though it was an arbitrary technical accomplishment, that has little to no potential to defrock the financial high-priests of the Western world by opening up the market in money. \n\nI wish they'd remember, it's not decentralization for the sake of it. \n\nIt's the characteristic of censorship-resistance - provided by the decentralizing tech' - that is the key to obliterating the level of corruption we see in the world.",
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      "title": ""
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{
  "block": 23051649,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @jimmo! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/commented.png)](http://steemitboard.com/@jimmo) Award for the number of comments received\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "jimmo",
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      "permlink": "steemitboard-notify-jimmo-20180605t085220000z",
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{
  "block": 23036350,
  "op": [
    "comment",
    {
      "author": "jimmo",
      "body": "@@ -675,8 +675,91 @@\n f that.%22\n+%0A%0ATry it with newbies. See if you get a hit on 'cryptocurrencies' before 'Bitcoin'.\n",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "marketingmonk",
      "parent_permlink": "yvsb4nrq",
      "permlink": "re-marketingmonk-yvsb4nrq-20180604t195247468z",
      "title": ""
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  "timestamp": "2018-06-04T20:07:15",
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{
  "block": 23036315,
  "op": [
    "comment",
    {
      "author": "jimmo",
      "body": "@@ -467,8 +467,216 @@\n a waste.\n+%0A%0AWhenever I ask people what they think of cryptocurrencies, they say, %22Crypto..what? Currencies. No what's that?%22. %0A%0AWhen I then say: What about Bitcoin, they say: %22Aaah, yes, Bitcoin... I've heard of that.%22\n",
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      "body": "Think how many more people would be using crypto' by now if Bitcoin hadn't been kicked into the long grass for 3 years prior to aug 2017.\n\nThink how much more difficult it would be for the banking cartel to do this, if people were already used to using crypto for small(and large) payments all the time, every day, all over the world.\n\nI love currency competition, but to achieve fast, widespread adoption we had to make full use of that very well known brand. What a waste.",
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      "author": "jimmo",
      "body": "@@ -16,16 +16,17 @@\n  title, \n+@\n summersk\n",
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      "author": "jimmo",
      "body": "That's a better title, summerskin. Thanks for that ;-)",
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      "author": "jimmo",
      "body": "\"Yes; I really want us to show the world what the EOS community can do!\"\n\nAgree with bearactual and darko-l.\n\nThe world has *already* seen what the EOS community has done.... i.e. donated well in excess of a billion USD to block.one. No legal strings attached!\n\nVoting is key to this whole thing taking off and yet nobody anticipates a return donation from block.one. Instead the rallying cry is for the EOS community('you') to have a whip-round.\n\nPeople outside the EOS community are going to make a mockery of this.\n\nPerhaps block.one, being part of the community itself, will see the silliness and cough up a return donation for this to get funded asap.",
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      "author": "jimmo",
      "body": "Hi juanvilla,\n\nSo, just to be clear, newageinv said, above, that Weiss does not charge for its ratings, but you do, right? That's what the subscription service is, if I understand correctly.\n\nSo when you say, 'We do not accept payment for our ratings,' what exactly do you mean? Would you mind clarifying?\n\nThanks for your input.",
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      "author": "juanvilla",
      "body": "I'm one of the leading analysts at Weiss. What I can tell you is our revenue model is subscription-based. We will provide a host of services related to our ratings like trading advice, alerts, education, etc. We do not accept payment for our ratings, and we strive to be as objective as humanly possible. There is quite a bit of bias and partisanship in this space. This was surprising to us, you don't generally find that in traditional markets. People not only hold on to their coins, they *believe* in them. We're now moving to be more transparent with our ratings, and look forward to community feedback!",
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      "author": "newageinv",
      "body": "Agree with your thoughts.  When I mention independence, I mean it relative to others in the space whom charge for ratings.  Weiss does not (and really cant due to decentralization) do that.  However, agree that they are not totally independent as they are charging for this without much transparency (as mentioned in my post).  They are just taking advantage of the hype of the crypto space to get some subscription.  The risk is letting them have influence on the pricing with little to no disclosure regarding their methodology.",
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      "author": "jimmo",
      "body": "Not sure I agree entirely that they are that independent, newageinv.\n\nI haven't done any exhaustive research on Weiss, but it seems from a quick glance that they have been in this space a while already.\n\nSo, basically, when it comes to rating assets, it would seem they are accustomed to rating markets which are - at least to one degree or another - rigged. A tell-tale sign is they don't feel the need to provide fuller details on their findings.\n\nAs for it being free... I don't know how they would survive by doing all that work without charging for it, right? I mean otherwise they'd be a charity. Or they're a front for the 'winners' in the rigged system.\n\nAnd, if you do make any sales reporting on who winners are, in a rigged market, well .... then surely you have implicated yourself. \n\nThat's my opinion, anyway. I wouldn't be too quick to assume their independence. Perhaps a good starting point would be to ask independent from what/who?",
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      "author": "clumsysilverdad",
      "body": "interesting, thanks",
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{
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    {
      "author": "jimmo",
      "body": "@clumsysilverdad\n\n'the idea of a free market itself is a utopian idea'\n\nI think that's because many people assume a free market is something one *has*(handed down from on high), rather that something one *does*(bearing risk and being free to mitigate it).\n\n'along with the illusory protection of the commons thu privatizing in libertarian thought.'\n\nDon't know what libertarian thought you've consulted, but protection of the commons is illusory, for sure. 'Commons' means exclusive ownership when applied to something everyone owns... which, of course, is an oxymoron. There is no such thing.\n\nIn libertarian thought, 'privatization' simply means removing ambiguous laws, so that laws can be more consistently enforced. The bedrock of Protectionism/Cronyism is ambiguous, convoluted, overly-verbose legalese. These are the laws which strangely can't be interpreted and hence need a wise, beneficent clique of overlords to interpret it for the rest of us hapless, forlorn and otherwise-lost souls. ",
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      "body": "@clumsysilverdad\n\n'Manipulation of markets' is only a problem in the presence of force or fraud. Otherwise each must rise and fall on his own merits. \n\nThe only way anyone evades falling due to his own bad decisions, in his business, is through protection from competition. This protection can only be granted in one of two ways: a) through voluntary subsidization of the failing business owners e.g. bailed out by family/friends, or b) through involuntary intervention i.e. the State confiscating(through the threat of physical violence) what belongs to producers. The latter happens for a price i.e. politicians are for sale. It is labelled 'Consumer Protection' but it amounts to the opposite.\n\nSo, just to re-iterate, manipulation of markets, per se, is fine. The problem, as always, is the legalized threat of physical violence, used to stifle, if not eliminate, open competition.\n\nCronyism, per se, is different. It is a label for Protectionism i.e. the process of State Capture, where the State promises to play the role of Ultimate Consumer-Protector but never ceases - on being appointed by the unsuspecting consumer - to convert that role into Ultimate (Privileged-)Producer-Protector. Note how this perversion is baked into the cake where individuals are not exposed to open competition. It's why we naively keep re-appointing the next political angel to represent the consumers' best interests, running into a hard brick wall, and then doubling-, tripling- and quadrupling-down until there is nothing left of a recognizable middle-class.\n\nFinally, 'Capitalism' is a word that is fraught with double-meaning. I prefer to be clearer and to instead explicitly specify, 'Crony Capitalism' or 'Laissez-Faire Captialism'. If you do this whenever you would have otherwise used the term 'Capitalism', the picture becomes much clearer very quickly. If you are unable to make this distinction, or - for whatever reason makes sense to you - you choose not to, you are a prime candidate for capitulating to - and perpetuating - the lie that governments are there to protect consumers. They are not. They are there to protect *some* producers at the expense of everyone else in the market. And the producers they end up protecting just happen to be the least competent from the more competent(or at least those who are prepared to risk becoming more competent at their own expense). you only have to look at the language... competent i.e. any government who is pro- open 'competition' needs, by definition, to continually fight to limit its own role in markets i.e. in setting standards or appointing standards bearers.\n\nOf course, this - the State playing the role of consumer-protector - amounts to the exact opposite of consumer protection. It is categorically exposing the consumer to the greatest risk whilst making it increasingly impossible(illegal) to mitigate that exposure.\n",
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      "body": "the idea of a free market itself is a utopian idea, along with the illusory protection of the commons thu privatizing in libertarian thought.  markets are ubiquitously being corrupted all the time, knowledge is power, and will continually be co-opted and coerced into a smaller group of hands unless the polis demands otherwise, it is the continual struggle in benighted civilizations which may never end.",
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      "body": "Good points. Another factor that would discourage a ratings company from front-running its own recommendations, is that people would quickly catch on if there was a suspicious price increase _just before_ they released their reports.",
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      "author": "jimmo",
      "body": "Thanks Chris for this post. I want to comment on the Weiss ratings segment.\n\nI don't see the trouble with 'insider trading'. To be blunt, I think this is a common economic fallacy.\n\nThe anticipated response goes something like: 'But how can that be fair?!!!'.\n\nA free market is nothing if it isn't a competition to see who is better informed.\n\nIn a free market, were we to have one right now(because we don't), it would only be a problem for Weiss to buy before everyone else if Weiss had contractually agreed not to. Which would be fraud.\n\nOtherwise, if everyone expects Weiss to buy their own stock/tokens/coins before announcing good news, they a) would factor that in to their imminent investment, and b) should also know that Weiss still needs to attract investors. So it should be expected that Weiss itself has bought to the maximum extent it sees fit.... *without* turning off potential investors.\n\nIn a free market any business would have to pay attention to investors. Unlike in today's interventionist markets, where subsidies(funded through wealth confiscation schemes) undermine the incentives to do so.\n\nThis insider trading economic fallacy is one of the more enduring ones and one of the most effective in propping up continued concession to government intervention in markets.",
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