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42
docs/manifesto/social_networking.md
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@ -1105,6 +1105,44 @@ people will start Sovcorps. So to get a foot in the door, we have to cherry pick
and snipe little areas where the big network is failing, and once we have a foot
in the door, then we can get rolling.
### failure of previous altcoins to succeed in this strategy
During the last decade, numberless altcoins have attempted to compete with
Bitcoin, and they all got crushed, because the differences between them and
Bitcoin really did not matter that much.
They failed to differentiate themselves from bitcoin. They could
not find a niche in which to start.
Ether did OK, because they supported smart contracts and bitcoin did not,
but now that bitcoin has some limited smart contract capability,
they are going down too, because bitcoin has the big network advantage.
Being the biggest, it is far more convertible into goods and services
than any other. Which means ether is doomed now that bitcoin is
doing smart contracts.
Monero did OK, because it is the leading privacy coin. It has a niche, but
cannot break out of the not very large niche. Because its privacy mechanism means it is
a worse bitcoin than bitcoin in other respects.
And the cold start problem means we cannot directly take over that niche either.
But our proposed privacy mechanism means we have a tech advantage over both
Bitcoin and Monero - better contract capability than Bitcoin or Ether, because
a snark can prove fulfillment of a contract that without burdening the network
with a costly proof of fulfillment, and without revealing everything to the
network, and without the rest of the network needing to know what that
contract is or be able to evaluate it. Because of its privacy mechanism,
Monero cannot do contracts, which prevents atomic exchange between Monero
and Bitcoin, and prevents Monero from doing a lightning network that would
enable fast atomic exchange between itself and other networks.
So if we get a niche, get differentiation from Monero and Bitcoin,
we can then break out of that niche and eat Monero, being a better
privacy coin, a better Monero, and from the Monero niche eat Bitcoin,
being, unlike Monero, a better Bitcoin.
### Bitmessage
The lowest hanging fruit of all, (because, unfortunately, there is
@ -1124,8 +1162,8 @@ a little closer to the faint smell of money.
So we create a currency. But because it will be created on sovcorp model
people cannot obtain it by proof of work - they have to buy it. Which
will require gateways between bitcoin lightning and the currency supported by
by the network, and gateways between the conversations on the network and
nostr.
by the network, supporting atomic lightning exchange
and gateways between the conversations on the network and nostr.
# Development sequence

13
docs/sox_accounting.md → docs/manifesto/sox_accounting.md
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@ -14,7 +14,7 @@ themselves ever going near the stuff, or knowing anything about the stuff.
And, as ponzi scams tend to do, need to do, they grew and grew and grew,
resulting many excited investors buying Enron shares.
And some people wondered, “where are these mighty profits coming from. How
And some people wondered, “where are these mighty profits coming from? How
can you create value without ever getting anywhere near anything that actually
has value?”. To which Enron replied “financial wizardry”, which was, in a
sense, true.
@ -99,11 +99,13 @@ Accounting is the art and science of making sense out of the books, and
making sure the books make sense. In the aftermath of the Great Minority
Mortgage Meltdown, a whole lot of entities went belly up, and when the
creditors went through the books, they found all the mortgages the entities
supposedly owned, but were frequently unable to find the people
supposedly responsible for paying these mortgages, or the properties that
supposedly owned, but were frequently unable to find the physical people
supposedly responsible for paying these mortgages,
and were sometimes unable to find the physical properties that
were supposedly security for these mortgages.
Sox books just tend to not track value very well, being designed for a
Sox books just tend to not track value very well, because they
just don't track physical reality, being designed for a
different, more complex, and difficult to define, task. Sox books tend to
track official reality and disregard the reality of the ground beneath your
feet, the things in your hands, and what is before your eyes, with the result
@ -128,7 +130,8 @@ startups trying to go public, since the potential investors know that the
books do not accurately tell the investors how the business is doing.
What established businesses do instead is prepare one set of books for
Sox compliance, and another set of books for management that do not comply
Sox compliance, and another illegal and forbidden
set of books for management that do not comply
with Sox but which actually do reflect the movement and creation of
value, but a startup is not allowed to tell potential investors about the
real books that actually reflect the movement and creation of value for the

3
docs/rootDocs/README.md
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@ -93,7 +93,8 @@ which should be in a repository that only allows signed commits.
Git now has a bunch of hooks that are accessed through config entries
starting with `gpg.` that potentially allow us to supply zooko names
for git signed commits.〕
for git signed commits.〕You can sign a file or a commit, and
`https://github.com/USERNAME.keys` is a central name authority.
This may be inconvenient if you do not have `gpg` installed and set up.

23
docs/setup/contributor_code_of_conduct.md
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@ -261,25 +261,4 @@ speaks the truth under their true name.
Web of trust was designed for a high trust society - but in a high trust
society you don't need it, and in a low trust society, the name servers were
too vulnerable to enemy action, and died, leaving the Web of Trust user
interface in every installed copy of gpg a useless obstacle to people
trying to use gpg.
Never `‑‑sign` any Gpg key related to this project. `‑‑lsign` it.
`gitconfig` disallows merges unless you have told `gpg` to trust the
public key corresponding to the private key that signed the tip of
the root. So part of the pull request process is getting the puller to
trust your public key, and you will not be able to pull updates
unless you tell `gpg` to trust the key that is in the root directory as
`public_key.gpg`.
Never check any Gpg key related to this project against a public
gpg key repository. It should not be there.
`gitconfig` disallows merges unless you have told `gpg` to trust the public
key corresponding to the private key that signed the tip of the root. So part
of the pull request process is getting the puller to trust your public key, and
you will not be able to pull updates unless you tell `gpg` to trust the key that
is in the root directory as `public_key.gpg`.
`.gitconfig` also imposes a whitespace style.
interface in every installed copy of gpg a useless obstacle.