In the 1980s my first programing language was APL (A Programing Language). APL is machine code that, Unlike many other programming languages, wasn’t designed to match the ways in which a computer works internally, it was intended to help people define procedures.
Charles Hallam Brenner, the originator of forensic mathematics (IOT), was an APL implementer and continues to use APL, particularly for DNA analysis.
Brenner uses APL for DNA analysis in complicated gang rape cases. He is able to experiment with hypotheses and get results in a short time, like hours or minutes. His competitors can’t do anything close to that – APL is the reason.
Learn APL and you will think differently. Your organization structure will morph to help people define procedures
As it turns out
understanding this helps you understand Distributed Ledger Technology. It also helps you help people define procedures. Disintermediated procedures, with peer-to-peer digital transactions.
Why is this important?
DLT provides a 4-cent settlement of peer-to-peer transactions in 4 seconds. Visa and Mastercard can’t do anything close to that. DLT is the reason. DLT fundamentally changes everything (one).
DLT has some issues
Sure DLT has some issues today, so did the internet in the 90s and TV in the 70s. Tech has a way of working itself out. There is no reason not to anticipate that DLT will follow suit (Spoiler Alert – it already has, see also Proof of Stake and ETH 2.0)
Mining Digital Currencies In 2011
In 2011 I was introduced to Mining Digital Currencies by a friend of mine. (Thank you, John) at first, it was a bit mythological.
Like a game of chess, figuring out which platforms to use and which Alt Coins were paying well, what hardware to use, which mining pool to join, and, well it was complicated, and you had to understand the fundamentals if you wanted to get it right.
I helped several organizations raise capital for mining.
I helped several organizations build mining operations.
But mining is not DLT there is so much more to DLT than mining.
In 2014 one of my friends read Vatalic Butterin’s white paper on Etherium. Then he asked that I read it (Thank you, John). This became a watershed moment for me as I realized, what John already knew. Etherium’s smart contracts fundamentally change everything (two).
We started talking to people about Blockchain tech and real early in the game we got a few folks to even pay us for working on stuff for them. We started building DLT databases mostly for large organizations that would immediately spin up an internal group to replace us. Wasn’t that much fun really, but we did learn a thing or two.
In 2016 we (John and I) started Blockchain Consultants. We made a profession out of building DLT databases mostly for large organizations that would immediately spin up an internal group to replace us. Wasn’t that much fun really, but we did learn a thing or two. And it was nowhere near scalable, and the sales cycle was months, Blockchain Consultants was hemorrhaging and on life support. So instead of doing the right thing and figuring out the pivot, I did the wrong thing and doubled down. And that is where the change happened.
A young energetic group wanted to change the Agricultural Futures Market. They had a company, and they wanted us to work on stuff for them. And that is where the magic happened. How did the magic happen? – well APL, remember APL? intended to help people define procedures. Well, we started using DLT to help people define procedures.
How did we do that? We spent too much time just immersed in the workflow, we spent way too much time immersed in trust issues in the workflow. Then, we installed blockchain around those trust issues in the workflow. And immediately the trust issues disappeared.
So we moved forward
So we moved forward and build an entire organization with a marketplace, procedure, capital equipment, and blockchain integrated natively providing a single database that could be trusted implicitly by all the participants in the workflow.
This cut the distribution workflow from 3 weeks and several thousand dollars, to several minutes and less than 100 dollars.
Less than a year later the same young energetic group was offered 20 million dollars for half of that company.
Then true to form, they decided to spin up an internal group to replace us.
I was asked to step down as Interm CEO, and that was it. Wasn’t that much fun really, but we did learn a thing or two.
Over a couple of years, we did this a few times (hundreds). Here is what we learned.
If you spend too much time just immersed in the workflow, and you spend way too much time immersed in trust issues in the workflow.
Then, you install blockchain around those trust issues in the workflow (Disintermediation). Immediately the trust issues disappear.
And this workflow is 1,000 times quicker, AND it is 100 times less expensive. This changes everything! (for the third time in a decade)
Then we get the CryptoKitties Etherium scaling disaster.
And we figured out that ETH 1.0 was nowhere near speculation resistant.
And who thought at that time, that the Industrial Financial Complex would provide an unanticipated bump in the road with speculation. Wall Street’s most cherished secret the Bonding curve was used in the digital world for the first time, and it had devastating effects on digital valuations.
Bonding curves set pricing for stocks on the stock exchange. You may think that it is supply and demand, and it is, but supply and demand are controlled by the bonding curve.
A large enough organization can set a price for any stock and then support it. If JP Morgan wants AT&T to trade at 500 dollars a share it just buys AT&T, which drives the price up.
If JP Morgan would buy AT&T stock for any price below 500 and would sell at any price above 500, do you know what would happen? AT&T would trade for 500.
Fundamental investment advice just went good by. The whales control the market, and fundamentals do not even remotely matter (see also the current market).
Whales then legislated to retain their advantage (I am shocked). Now they control a fractional banking system, that is about to be injected with tens of trillions of dollars, creating hundreds of trillions of dollars of potential debt.
What could possibly go wrong.
Let’s review shall we?
Speculation and bonding curves in fiat markets morphed into a digital counterpart that gained 1,000 x capacity and detonated the digital equivalent of a small nuclear device right in the middle of the Proof of Work (POW) camp
scalability became questionable RIP, POW.
All the Beta Max people who had Scalability on their platform, but not immutability flooded into the system,
clouded the real reason for the technology, stole all the money, and ran.
And by Beta Max, I mean Community Consensus platforms used for Public Transactions
(see also the scourge of the digital realm).
Then there was this thing called a pandcalypse.
It’s two relatively bad things, a pandemic and an apocalypse all rolled into one delicious nugget of Mc Chicked goodness. And the idiot who order the pandcalypse had it SuperSized with an extra-large side of global warming (See also Moses and Egypt).
But like the old man, in the Monte Python skit, we are not dead yet.
In fact, we are heading into the rapid sustained development and growth phase
of the S Growth Curve all technology has followed before. There is no reason not to expect DLT to follow the S Growth Curve with one caveat, this time around time is going to be compressed
(it has already happened and no one can stop it).
And it will be distributed.
What does that mean? We need to build distributed organizations and distributed teams.
We need to create thousands of innovators of distributed companies,
We need to create thousands of innovators who create distributed companies,with tens of thousands of self employed teams.
We need to self employ hundreds of thousands of people, supporting millions of people who directly benefit from organizations with a more distributed (flat) organizational footprint than Amazon’s or other enterprise organizations (Walmart, which is today not what Sam intended(sorry loves me some walmart really, you just could be less destructive, and you could buy more local, thank you for providing internet in your parking lot. I LOVE ARKANSAS GO RAZORBACKS).
How we do it is explained here in this document. And it should be done in the same way America has always done it, we wait till everyone thinks we are the underdog, then we kick ass (see also, we choose to go to the moon and do the other things in this decade by some good dude who died too young).
Globally right now, everyone thinks we are the underdog, so we got that going for us, which is nice.
So what is next?
Centralized Government is great for a lot of things that Centralized Government just is NOT doing right now. And Centralized Government does a lot of things that it is not good at. Spends a ton of time and money and is very inefficient (see also sadly cavitating like a speedboat in the shallow end of the global bathtub).
We in the US anticipate that the Centralized Government should provide infrastructure. Centralized government can help develop distributed infrastructure, but in the end, distributed infrastructure promises to add much of what we expect from a Centralized Government infrastructure at Zero Marginal Cost. (see also renewable energy, and autonomous transportation).
What is the ethical markup on something that costs you nothing? And that is a big question for us all. If I press a button on an application, and a solar-powered vehicle picks me up in 30 seconds (because the AI knew I needed a ride and had dispatched one already) and that solar-powered vehicle drops me off somewhere 30 minutes later. What is the actual cost that the transportation provider paid out of pocket? Zero Marginal Cost so What is the ethical markup on something that costs you nothing?
Centralized Governments should not provide infrastructure, and they should stick to things they are good at. Look at the data then make decisions based on as much data as you can collect as to whether or not legislation is relevant in the current environment (see also the industrial prison complex and people who sold medicinal products that were outlawed and considered to have no medical value when for sure they did at the time they committed the crime they are in prison for(as it turns out we did not need Prozac (see also industrial Pharma)
all we needed was Love (All together now) ).
So what is next?
Instead of doing the right thing and looking for the pivot, let’s do the wrong thing and just double down. If you want to get different results, ya gotta do something different. Maybe some magic will happen
(see also it’s amazing how lucky I get when I work hard at something I love).
And in typical American style let’s start this whole shebang in a grassroots effort. (see also we are the world coke commercials circa 1971)
Are ya in yet? Cuz, seems to me to be enough, how about you?
So what is next already????????
Let’s start at the top.
We started with APL, remember APL?
APL is machine code that, Unlike many other programming languages, wasn’t designed to match the ways in which a computer works internally. It was intended to help people define procedures.
Start over and redefine any and all procedures. Just start there.
But this time think differently, wireframe your current workflow. Start with one peer (Potential Client), then build the wireframe tward you. Note the friction point, where the transaction pauses. Circle them in red. Delete them completely. Now use blockchain to bridge the gaps and provide trust.
If you do this correctly, you will have two players and one is you (peer to peer).
How did we do that?
We spent too much time just immersed in the workflow, we spent way too much time immersed in trust issues in the workflow.
Then, we installed blockchain around those trust issues in the workflow.
And immediately the trust issues disappeared…
There is your workflow
and this workflow is 1,000 times quicker, AND it is 100 times less expensive than any company in the space that is not doing that.
Just start doing.
The doing you will be doing, when you are doing your doing in this way, will be doing it better and faster than anyone else is currently doing, and what could be more American than that
(think George Bush Number one saying make America great again).
There are hundreds of ways to start. Would you like a few?
Just be warned, you are going to need to start doing, which will change your being.
Lowest Hanging Fruit right now, Wireless Internet Service Provider for your neighborhood.
Do you live in a neighborhood without broadband (19 million Americans—6 percent still lack broadband access, in rural areas (they don’t want to say it too loudly but minority), nearly one-fourth of the population —14.5 million people—lack access to this service (while minority children are sent home to home school to homes without internet access to home school (see also we are losing an entire generation (see also genocide)).
Anyone capable of building a team can start a business.
Do you want to provide internet connections to your neighborhood? Would you like to start a business in your home selling internet to your neighborhood? If you are one of the 19 million Americans—6 percent still lack broadband access, you can start a business that will give you free broadband and give your neighbor’s broadband at a price they can afford (and set by you).
You can grow this business,
and make a great living
(more than 40k per year (could be a lot more)), and you could end up selling that business and making more you just need to have clients and then keep those clients (capitalism).
If you don’t know how to do that, great just find someone who does and bring them on.
Once you have a team together,
https://LastMile.Earth has instructions for starting your own WISP, and you only need 4 homes that need internet to get started. If you are one of the 19 million Americans—6 percent still lack broadband access, finding 4 clients should be pretty easy. Just talk to the guy next door, and take cookies.
So you are not one of the 19 million (more like 80 million who do not have 100mbps or better) in rural areas how do you start a business? Well, you could move, that is what I am doing, but let’s say WISP’s give you a rash. Ok, something else then.
Do you live in the country,
or by a lumber mill? Have you seen what hardwood cutting boards are going for on eBay? $60.00 $135.00 $MORE$.
You will need to know woodworking,
if you do not, fine bring someone to the team that does.
And you will need to know sales and marketing,
if you do not, fine bring someone to the team that does. When you get your team together, make one (hardwood cutting board), and try and sell it. .
It is not going to work,
you will need to tweak something, keep tweaking till she runs well.
Once you have that going, make Adirondack chairs with the hardwood scraps and logs you got from around the mill or in the country.
Have you seen what Adirondack chairs are going for on eBay? $135.00 $240.00 $MORE$.
So you are not one of the 19 million and
you don’t have hardwood in your area. Ok, something else then.
Are you in Arkansas?
The Quartz crystal capital of the world? Have you seen what Quartz crystals are going for on eBay? $60.00 $135.00
You need three people to start.
One to know rocks
One to know Marketing
One to know how to ship
What to know how to start?
The guy who knows rocks gets up from where he is sitting right now, and he goes to one of the good places he knows of and gets some rocks that have value.
He then takes those rocks to his friends and shows them around until one of them offers to sell them.
He gives them the rocks and goes back to find more.
They (marketing) place a few ads on Facebook, then give those rocks to the guy that ships.
3 equals split profits 20, 20, 20 with 20 reinvested in the company (buy a cool truck for the rock guy so he can get more rocks faster (after you pay taxes)).
When stuff breaks fix it. If it works well, do more of that, if it doesn’t work well, do less of that.
Do this right and it will grow magically (after way more work than you thought it would be but would gladly do it again).
Give great customer service, by listening to your clients, and doing for them only what they want.
Repeat the process (and remember to take care of your employees on the way (the greedy will fail)).
in 2017 John and I started 37 companies as a reply to the common consensus of the time “there are no workflows for blockchain”. We not only proved there were thousands of workflows for blockchain, but we discovered that these workflows are 10x more efficient than any incumbent.
Need more opportunities?
Cryptolancers.io Peer to Peer freelancing. Sound interesting? Put a team together.
You need three people to start.
One to know freelancing
One to know Marketing
One to know NFT or Utility Tokens
One will need to know legal as well. Get your team together and hit me up. I will show you how to do this, you will need to do all the lifting and I will look at JV’s.
Need more opportunities?
Tracking Real Estate on the blockchain
Proof of Identity
Peer to Peer Global Payments
The High Voltage Direct Current Grid
Net Negative Grid (disintermediation of energy, peer to peer means sun to power consumer groups that make money and get free power)
Micro Finance (in the usa)
Distributed Social Networks (AI)
Just about anything else
Build your business around something you find interesting.