Climate Cranks Are Bringing Down the World Economy
So there goes Jeff Bezos, rich white man, slipping and sliding down the slopes of political correctitude and repentance.
Shook down by “me-too,” pestered by FTC anti-trust beadles, beset by blizzards of “snowflakes” melting down inconsolably at Amazon’s Seattle headquarters, he wants to be baptized by the bishops and cardinals of the climate change cult.
“Me-too,” he says. That climate change, it’s terrible.
It’s “the biggest threat to our planet.” Bigger than plagues, meteors, terrorists, Luddites, and privileged preeners.
“How about $10 billion? Would that help?”
Wow! I guess that means mutable weather is a bigger threat than round-heeled billionaires — from Bezos, Gates, Buffet and Steyer — retiring to beaches while emitting inky clouds of green money to fend off sharks in the surf.
That means climate gas is a bigger threat than trade wars and military machinations, Islamist terrorists, Iranian nuclear weapons, Chinese army nerds hacking the Internet or central bankers hacking world money.
Someone should tell Bezos that ice-core evidence from Greenland shows that temperatures today are some seven degrees Celsius colder than they were during the Minoan, Roman, or “Medieval Climate Optimum” periods. All of those warmings occurred just within the last 4,000 years while the human race emerged and prospered. All the recent warming signifies simply a recovery from the Little Ice Age that ended a century ago. The climate change cult is simply a clever leftist stratagem to blame Republicans for bad weather.
The Broken Internet Crisis
The real threat is that this cult of climate cranks and weather bores will ultimately bring down the US and even the world economy. The movement has already captured and stultified nearly all American upper class institutions, from Ivy League Universities to ESG investment funds to prep school science classes, all the trusts, foundations, and galas, social clubs and charities that sanctify old money and disinfect new fortunes such as Bezos’ and Bloomberg’s.
However, I’m not in London to talk about the intellectual debauchery of billionaires and the corruption of their charities.
I’m working on the little problems, such as internet breaches of eight billion items of personal data last year and $6.7 trillion of currency trading every day. The broken net makes us scared of foreign routers and switches on the internet. The broken web of floating currencies makes us fear foreign traders, inducing trade and monetary conflict and hacking by central banks.
Yesterday, I presented a series of cryptocosmic principles, partly derived from a reading of Kevin Werbach’s the Blockchain and the New Architecture of Trust. The principles supported the value of Satoshi’s invention of bitcoin and the blockchain.
These principles showed that centralized transaction systems grow more vulnerable the more nodes or users they have. Each new node is a possible source of attack — a threat vector. Blockchain, by contrast, grow less vulnerable, more stable, the more nodes or users they have. More users mean a more immutable consensus.
But I’m not in London just to party with Satoshi. I want to help him make his Bitcoin SV into a dual solution of both the great crises of the world economy: the porous Internet hierarchy where money and power rises to the top to be hacked, and the scandal of Ponzi money fostering trade wars and debt debauches.
Craig Wright is the most likely living Satoshi. He has not rested on his laurels. After penning the Bitcoin White Paper in 1998 (with coding help from his partner David Kleinman), he’s piled up close to a thousand patents and launched a new fully scalable bitcoin. It can handle micropayments, wallets, a cadaster for internet of things, ecommerce through simple verification protocol, and compliance with taxes and regulations.
The new blockchain can provide a crucial tool for my internet COSM architecture, proposed by telco visionary Dan Berninger, now working with Intel, and internet-legend Giuseppe Gori. This is a new generation blockchain that scales to Visa card transaction speeds while offering “super-connectivity” through advanced forms of WiFi6 enabled by 5G.
The new architecture would replace the vulnerable IP address system with global public key addresses linked to private key device identities ultimately rooted in face recognition and other biometrics of users.
Confronting at once the two great hacking threats — the hacking of the internet by saboteurs and the hacking of monies by Central Banks — new forms of blockchain will be a constant technology theme of the year 2020.
I plan to talk up a storm on it in London tomorrow both in my keynote and fireside chat with Craig Wright at CoinGeek 2020.
Editor, Gilder’s Daily Prophecy