Crypto Gloom

TimeChain protects humanity in the digital age

This post originally appeared in ZeMing M. Gao’s post. Website, republished with permission from the author. Read the full story here.

It’s ironic, but fatefully unsurprising.

The case of Satoshi’s own identity proves how important his invention was.

COPA v. In the Wright case, before handing down his final written judgment, a British High Court judge, Dr. Craig S. Wright, declared: ~ no Bitcoin founder Satoshi.

without any evidence logical falsification Wright to prove the negative facts presented at trial. ~ no Satoshi. It can be inferred that the judge must have been persuaded by the forgery charge. This proves that the COPA strategy worked.

However, the judge ruled that Dr. Wright’s evidence showed that he is Satoshi.

This is not the normal case. Over a decade of anti-Right campaigns and stories have created a prima facie very strong case against him. So he had to present very strong, incontrovertible evidence to prove it was wrong. Proving Satoshi’s identity now is not the same as it was 15 years ago. Objective truth has remained the same, but the subjective conditions for accepting truth have changed significantly. People who live with their own objective identity inevitably step out of their own realm and find it difficult to fully predict and measure the contradictions of a fallen (and stolen) world.

Dr. Wright was unable to overcome the hostile environment to assert his rights, at least not in court.

It is cryptocurrency. We turned away from human reality and gave in to virtual imagination. PossibilityYou haven’t learned Bayesian methods for evaluating the real world.
percentage. Only cryptographic antidotes (e.g. public cryptographic signatures or coin movements with a clear identity association) can meet that condition.

But even this powerful digital antidote cannot be a cure. We only treat symptoms that appear in special cases.

Humanity needs a time chain to preserve the truth

This incident, through all the drama and exclamation, proves one thing.

The world desperately needs a universal timechain (blockchain) with globally recognized immutability distributed timestamp servers to preserve digital truth.

In the past, the world relied on human testimony. However, our society is rapidly becoming corrupt and cynical, so much so that human testimony, even sworn testimony with a human conscience, can no longer be trusted. This is not to criticize the courts because they merely serve to read the changing circumstances of society.

A provable and immutable global time chain is urgently needed to protect and preserve the human conscience, not replace it.

Diagnosis of Digital Humanity

I wrote a book called BIT & COIN: Merging Digitality and Physicality as a diagnosis and prescription for the prevention and treatment of the growing digital cancer that threatens humanity.

Humanity is already immersed in the digitalization of information. Although these large-scale changes provide many conveniences, they also create many serious problems, such as:

(1) The management of digital information is increasingly controlled by the strong cohesion of the ‘centralized database gravitational field’, leading to extreme centralization of information. As a result, information becomes subject to exploitation and manipulation by the oligarchy. It is sad and sad to see people being exploited and taken advantage of without even realizing it.

(2) The global economy is beginning to gradually degenerate from a relatively free form of capitalism to a digital feudal system (represented by Valley’s ‘digital landowners’) and may even degenerate further into information slavery.

(3) Human cognition is becoming more and more connected to more and more information sources, but ironically is also becoming more and more isolated from factual truth. This has gone so far that it is beginning to confuse, challenge and destroy people’s understanding of the most basic truths and facts. If one day all information can be falsified, people will lose trust in all information because they will assume that nothing can be trusted, even if in fact only a small amount of information is falsified. This is the result of digital cancer.

(4) Actual blockchain technology is a groundbreaking technology that solves these important problems. Unfortunately, over the past decade or so, the world has experienced perverse developments disguised as a ‘courageous financial revolt’. Actual blockchain technology has become overshadowed and replaced by large-scale technology.
Cryptocurrency speculation campaign. This blatant reversal leads to almost total corruption: technological corruption, economic productivity corruption, market corruption, political corruption, public opinion and media corruption.

The world needs real solutions

The world needs to know the truth.

But the world needs better solutions than diagnostics. The book focuses on proposing technical, economic, business and legal solutions. This calls on all honest entrepreneurs, investors, developers, businessmen, economists and other professionals to find practical solutions and devote at least part of their efforts to making them a reality.

Although not intended to be an academic publication, the book is somewhat technical and dense with economic and legal concepts to make the case for digital humanity. It may not be an easy read, but it won’t be a waste of time.

Meanwhile, this book aims to dispel the superstitions and idolatry of the cryptocurrency world and guide readers away from pure financial speculation and toward ideas and development with a sound technological and economic foundation.

This book may make some readers feel offended or even hostile. I hope you will read it with a more open mind and without considering existing vested interests. But I am willing to pay the price. I think it’s worth it for each reader to make myself unpopular with a few others.

Watch: Blockchain will spark the 5.0 industrial revolution, says Dr. Eesa Bastaki.

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