Very interesting but worrying for privacy at the same time. That’s why it’s essential that the future BCI brain 
computer interfaces will connect to the SafeNetwork
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Crypto causing physical illness.
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Lol, here I thought it was real for a sec, it’s a virus that comes from faeces.
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Being exposed by a Typeface deserves a 
.
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" No one is using crypto, there is no killer app, there is not the equivalent of a worldwide web, of websites, of email, of all the applications of the internet. Comparing to the internet is a joke" - Nouriel Roubini
Entertaining rant for a Friday 
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there is not the equivalent of a worldwide web, of websites, of email, of all the applications of the internet.
Wait till safenet releases.
Edit: Just watched it. He really looses it when talking about crypto shitcoin, his voice is wobbling.
You can take that in 2 ways.
- He is legit concerned for the well-being of people using crypto.
- or… he is legit scared by losing the old world.
Feels like I should double down on my crypto holdings.
Edit. He sounds like a few people that have posted here in the past. Really…
I’m sure I have read posts like that here.
I bet Roubini was a secret poster here, maybe still a secret reader.
Is it normal to make the mental leap from blockchain coins to a equivalent worldwideweb?
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Something at the back of my mind, what, yes:
How a Microsoft font brought down Pakistani Prime Minister Nawaz Sharif
Mr. Sharif’s daughter, Maryam, produced a letter dated Feb. 2, 2006, stating that she was just the trustee of those assets, produced in the Calibri font.
“Calibri, which was commissioned by Microsoft for its Windows operating system was not commercially available until Jan. 31, 2007, the investigating team said in its report.”
From the same websearch I did, Wired:
Meet the Font Detectives Who Ferret Out Fakery
They purported to show that President George W. Bush, then running for re-election, had received special treatment in 1972 and 1973 from the Air National Guard to avoid some service commitments.
“There is absolutely no way that this document with it’s rich proportional spacing of typesetting was typed on any machine that was available in 1973.”
The other way round, Snopes, Fact Check - Politics:
Is Barack Obama’s Birth Certificate Fake?
Back in 1961 people of color were called ‘Negroes.’ So how can the Obama ‘birth certificate’ state he is ‘African-American’ when the term wasn’t even used at that time?
“Rating: False. About this rating: This rating indicates that the primary elements of a claim are demonstrably false.”
Someone - “I am not a supporter of Mr. Obama or his policies” - did a whole 200-page book on it:
Is Barack Obama’s Birth Certificate a Fraud?
In addition, reviewing more than a hundred fairly similar typewriter fonts from all the major manufacturers of the era, I was able to find only one font with a slanted-bar “e” that looked
somewhat similar – and its curve was different.
“In other words, if the document is a forgery, then – far from being a sloppy one – it must have been done by an absolute professional with almost flawless attention to subtle detail.”
Next, on to Hitler’s diaries?
Der Führer wird immer mitteilsamer
The handwritten volumes included everything from descriptions of flatulence and halitosis (“Eva says I have bad breath”), to an account of Braun’s hysterical pregnancy in 1940, and the revelation that a surprisingly sensitive Hitler didn’t know what was happening to the Jews.
“Measurements had been taken of the evaporation of chloride in the ink which showed the diaries had been written within the previous two years.” (counting back from 1983, JB)
This device plus SAFENet… woo wooo Venezuela would be so happy.
Edit: Any Spanish speakers able to sum up the following video?
Looks like he is writing his own protocol over this.
The hardware idea is great.
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Next iteration in Exploration of a live network economy - #56 by oetyng, with new model based on suggestion made by @Seneca in 2015.
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OMG my hero retweeted me. 
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We’re about due for another appearance on the Keiser Report. @dugcampbell can you make it happen?
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Of course they will act as if this is very unsettling and of course they will “try to stop” Libra, calling for a moratorium.
In the end this is their move to a controlable, blockchain-based, fiat, crypto currency, the one they want so badly.
Safe Network can’t come soon enough.
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The governor of the Swedish Riksbank (national bank) seems quite critical of private banks, quite serious about novelty and Libra, and seem to want for the people at least some of what SAFENetwork gives. Naturally all within the framework of what a governmental body would perceive. Still, it’s interesting to see it seep in through every corner. Also, the enemy is not only a behemoth of dated ideas; it learns a trick or two from its opponent as well, which makes the playing field more dynamic and less predictable. It can pave roads and obliterate advantages.
(Credits to Google translate)
It doesn’t always hurt to shake the tree a bit. Then we get others to rush to arms. My job is to make sure that Swedish kronor is better than Libra money.
Long translated article (expand at own risk)
Stefan Ingves, Governor of the Swedish Riksbank (national bank): My job is for the krona to compete with Facebook money
For the first time in over a hundred years, the Swedish krona and what we call money have been thrown into rapid transformation.
The Riksbank’s core task is now challenged from several directions. Last by Facebook’s currency initiative Libra. The output of the tug of war is uncertain.
For DN (newspaper), Governor Stefan Ingves tells about his plan to secure the Swedish krona in the future.
The Governor of the Riksbank reaches the wallet from his pocket and eagerly shows the contents.
It has two solutions, explains Stefan Ingves, and shows a mold-resistant metal case for the bank cards. That’s the wallet’s technical part. Next to it is a pocket with a thin banknote of mixed denominations. He calls it the backup solution.
When did you use cash last time?
- Last week, when I got a haircut!
DN visits Stefan Ingves at his office at Brunkebergstorg in central Stockholm to talk about money. What the term means in an electronic world. And what role the state should play when Facebook is about to launch its own currency.
- Most people take money as a constant and find out what money is. But things always happen in society, and periodically we go through quite strong technological development.
This development takes place at a furious pace. The latest surveys show that three out of five Swedes use cash every month. Only two years before, the corresponding proportion was four out of five.
In a few more years? A survey suggests that our banknotes and coins are relatively obsolete soon. It is an event that Stefan Ingves himself describes as overlooked and much more important than “small notches in the interest rate path”.
For the Riksbank, this is also a major issue of principle. For over 350 years, the task has been to supply the public in Sweden with safe and useful money. It started with heavy copper coins. In a rather near future, Stefan Ingves wants the Swedish krona to be electronic and connected to a European system for super cheap real-time payments.
The bank’s history is at the same time lined with a couple of stone-hard battles about the power over our money. Once it was the law of valid means of payment in 1809. Later it was the Riksbank’s banknote monopoly, that is, the right to issue banknotes alone, which was consolidated in 1904. Both were preceded by protracted conflicts.
- The transformation we are now going through, it happens once in 100 years, or 200 years, says Stefan Ingves.
The next battle has thus begun. But to understand it, we must first get the right side to an important thing.
What we call money in everyday life is essentially two things. We have the cash. But above all, there are the money that ordinary people and companies have in their bank accounts. Today it is the most common form of money in Sweden. In comparison, the banknotes appear as a niche phenomenon.
Here is the decisive distinction: The cash is given out by the Riksbank, their authenticity and permanence are guaranteed by the state. But the money on the bank account are different because they are created by the private banks themselves, actually as a side effect of people taking loans.
You could say that bank money lives and dies in an electronic and completely privatized life. In addition to a comprehensive regulatory framework for the banking sector and a state deposit guarantee, the public exercises no control over them.
So there are state money and private money, and for several hundred years they have worked in symbiosis with each other. Our money infrastructure is a form of public-private partnership, where the state has been responsible for stability and legitimacy. The fact that bank money can be cashed out has given confidence in the private part of the system. For their part, the private banks have offered efficiency and customer benefit.
This symbiosis has gradually changed. Step by step, the state’s money has declined in importance. And without public debate or decision in the Riksdag (parliament), the whole system is now rapidly being privatized.
- If cash use becomes negligible, then we no longer know what exactly money is in Sweden. It is a lot of symbolism but it is also a central issue of the nation state’s role in money.
Enter the e-krona. The concept tends to cause some confusion, perhaps because we already have electronic money on the bank. Essentially, it is a form of electronic Riksbank money. Guaranteed by the state, just like the banknotes.
Exactly in what form they are to be provided is not yet clear. The Riksbank has investigated the issue and partly left it open. Many central banks in the world contemplate the same challenges, but Sweden is at the forefront.
- We are now in the process of procuring technical solutions for an e-krona. It will then be a pilot study, but it should be done in a way also allowing it on a large scale.
At the same time, it is required that the question moves in the Riksdag. The Government has been asked to set up an inquiry that will define the future valid means of payment, that is, the form of money that companies and the public are obliged to receive as payment.
A modernized legislation could mean that electronic bank money, which is in an app, on a card or in some other digital form, gets legal status as cash.
Stefan Ingves reiterates that the question is fundamentally political. Which shape the Swedish krona should take - and what role the state should play - voters and parties need to decide on. But time is of essence, he says.
- This big question is not for an economist to investigate or figure out. What is needed is a value judgment, a political stance. Do we want it so in Sweden, that ordinary people can never have Swedish kronor in the form of Riksbank money but just a claim on a bank?
Warnings have also been announced around the e-krona. The central banks’ co-operation body BIS supports the various attempts to develop new digital money, but calls for caution. The new money can, some say, give unprecedented consequences and create financial instability.
The Riksbank’s own investigations into the e-krona have at the same time received severe criticism, not least from the banks, whose business model can be threatened by the initiative.
- The banks were also angry in the 19th century when the banknote monopoly was discussed. So there is nothing new under the sun. This time, the banks say that the e-krona is not needed. But without an e-krona, the only possibility is to have the money in a bank account. It is a value judgment that the banks shouldn’t be making. Citizens should do this, says Stefan Ingves.
He points out that the banks already have exclusive access to a kind of e-krona. Through their accounts at the Riksbank, which is the bank’s bank, the state owns electronic money. An opportunity that does not exist for ordinary citizens.
Securing the Swedish currency in the future is not just about the e-krona. This applies, says Stefan Ingves, to build a reliable new krona from wheat to loaf. It must work and be practically useful. It needs to define what money is in Sweden.
In the electronic puzzle he sees in front of him, a state digital ID system is also required. Much like BankID (a private digital identification system used by practically every business, organisation and governmental body in Sweden) though in public direction.
- We are currently discussing with the European Central Bank to use their real-time payment system, TIPS, for small payments in Swedish kronor. We can run this system in 2021, year-round and around the clock, in real time. Then you can move Swedish kronor within 5-10 seconds from one individual to another. Then you make the transaction in Riksbank money, which is central.
The Governor of the Riksbank is convinced that the state will also play a central role in the future in terms of our payments. No other actor has so far been able to produce the stability and confidence required for the modern economy’s blood circulation to be kept fresh and safe. In normal times, we do not think about how dependent we are on the fact that it works.
The crisis in Iceland, when Icelanders for a period floated in uncertainty about their bank cards could be used, highlights one aspect.
- In Iceland, there were no native transaction systems at all. Everything goes via the major credit card companies. Then you are completely dependent on them.
My job is to make sure that Swedish kronor is better than Libra money.
Stefan Ingves picks up a stack of paper lying in front of him. It is a description of Libra, a project that Facebook is behind. Spotify, whose office is a stone’s throw from the Riksbank, is a partner. The vision is to create a new international currency, much like the crypto currency Bitcoin but with state currencies at the bottom.
The Governor of the Riksbank takes the project very seriously, although he believes that the creators underestimate the legal difficulties.
- It doesn’t have to be wrong to shake the tree a bit. Then we get others to rush to arms. My job is to make sure that Swedish kronor is better than Libra money.
He points out that all previous attempts to create completely private currencies have collapsed. The state’s security is needed. And the Riksbank must face the challenge.
- We have been doing this 350 years. We have remade ourselves time and time again. My job is to make sure it stays so, far after my time.
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Thanks for the link, Zoki, very interesting!
In the end does this mean they would not need the internet any longer or do they always need to make a connection to it?
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As far as I understand the current project is to make sure people can send simple messages and send bitcoin transactions on a network powered by that device.
They are writing their own protocol.
Imagine… that same device allowing SAFEnetwork.
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Possible route to SAFE Browser for mobile?
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NSA and other agencies are a severe threat to all secure communications systems:
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