August 31st 2019 – By: William Larsen – Civilians News –“News For All Views”
– Say “NO” To Crypto-Currency –
Why is an ATM fee 2$ but a play on Spotify pays the artist only .0006 cents?
Surely an artist goes through more work than an application developer, who simply designs and creates an app which automatically charges clientele, for using foreign ATM machines….
Or do they?
In a world where encryption is at the center of worldwide, online banking……… it’s not uncommon for people to forget, that at the fabric of our entire wireless economy is still binary code, making bank data still somewhat of a liability.(All computer code can be broken down into 1’s and 0’s, at it’s core.)
So in effect, encryption is the only thing that really protects any of this banking information, keeping financial records somewhat private, in today’s day and age.
Nevertheless, in my opinion…… even with the necessity of, “encryption,” when it comes to writing bank code…… a musician still undergoes quite a bit more pain and agony, in their work, than an app developer…….even app developers at the forefront of, “encryption,” I would say.
Now, I’m not a professional when it comes to, “encryption,” but I do know how to code a little bit, and I make music, so I feel somewhat inclined to comment on this, “trade war,” or sorts, between techy’s and musicians, when it comes to Spotify paying artists .00006 cents per play….vs.a transaction fee costing 2$ at the bank.
And in my opinion……..
the transaction fee should also be .00006 cents……..because even, “super encryption,” at the highest levels of Ai and hacking, isn’t all that complicated….if you really think about it.
This is because, say someone does break into a bank account….which is impossible to prevent at some level, because again, all computer code is at it’s roots, binary code……
But even if that data is compromised, encryption today is really all about the, “stop gaps,” and processes of encryption that occur AFTER someone has already had their bank statements broken into….
What I mean by that is…… Yea maybe a hacker can break into your bank account, but stealing money is another subject entirely…….
Did the user’s account balance change dramatically?
Was the IP Address, where the user logged in, unusual?
Did the user’s balance change abnormally and what was their previous balance?
And those, “post login,” forms of encryption, are really what stops 99.9999% of the Cyber-Crime today……..
So, by using these, “stop gaps,” AFTER DATA HAS ALREADY BEEN BREACHED, even in the event of computer hacking, encryption services, anti-virus software or bank software, can still detect abnormal changes and fix them…..in essence making encryption not even really that difficult a science, in terms of tech…… (*Ai is way harder, in terms of tech jobs, although encryption is a cool field.High level math, big numbers.)
Long story short, encryption is a field of computer science for high level mathematicians to jerk themselves off with, in my opinion.
But that’s basically what’s going on right now….with the baby boomer economists who decide these things in Washington…….Economists who I believe….
have somehow argued in favor of encryption services, bankers, software developers, in terms of these, “jobs,” making quite a bit more money than musicians…… and personally, as someone who has worked in both fields, I find it to be shameful and somewhat racially motivated.
But let’s really examine this….
Because in my opinion, this circumstance has also become an issue of something else we don’t talk about nearly enough in America, which is, “occupational evolution….”
Lest we forget baseball was probably initially a way for diggers, some of whom likely carved out NYC’s subway system…… to show off their strength… hence baseball salaries….continuing to reward shovel strength… That sounds off topic, but what I’m really getting at is…..financially we don’t want to over-reward musicians, because socially we don’t need a million artists on Spotify.Which is the counter argument and likely a big part of the reasoning, as to why, “transaction fees,” are so much steeper than Spotify plays.
But where this issue gets messy moving forward is in terms of the emerging field of, “crypto-currency,” like Bit-Coin, where tech giants are basically using their own currency, to motivate consumers towards making, “encryption services,” a profitable niche in tech.
Basically, I view crypto-currency as a troll, and not just towards people who aren’t paid as well as the bankers/software developers who are rewarded for this….but also to foreign governments as well.
That is to say, that all a, “crypto-currency,” really is, is a way for software developers to profit off of, “encryption software(s).”
(Can you say Brazilian Real?)….
Silicone Valley apparently has become so confident in their encryption technology, that they believe marketing their own forms of online currency, is in essence….just monetizing California’s encryption software(s) and turning these encryption software(s), into profitable, “goods and services…” such as, “bit coin,” while simultaneously trolling the success of foreign aristocrats who have succeeded in different, “regions,” of the world.
Imagine, bit-coin millionaires? Brazilian Real? What’s the difference? This was seemingly predictable 4-5 years ago, when convenience stores in America started profiting off of food stamps………..because in many ways food stamps are also very similar to a, “crypto-currency.”
And that’s how wars are started……… because in my opinion, “crypto-currency,” is at it’s heart not only disrespectful to lesser paid fields, but it’s also disrespectful to foreign sovereignty, who don’t compete as hard in the global economy.What if “bit coin” was stronger than the currency of developing nations? Ie the Brazilian Real….a national currency that was basically created by Warren Buffet’s Brazilian chain of Pizza Huts.
Long story short, for these reasons, I vastly oppose crypto-currency and I have 1 more proposal……..
Perhaps we should also start spilling goats blood on the new 100 dollar bills, so that DNA scans can detect the validity of the money…….Perhaps, starting in 2030, we could start spilling goats blood on new currency, as both a symbol of evolving currency and American ingenuity.
-William Larsen .
