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If I had an infinite amount of money

December 9, 2018

(For immediate release, allowed to reprint this article unlimited but only without changes.)

Ever dreamed to have an infinite amount of money?

Now you can do and can do easily (and for free). Well, there is a catch: You must agree that the money will be used only for a certain nonprofit project. They say that soon everybody will have his own currency. Not sure about everybody, but every nonprofit project should have its own currency.

To have an infinite amount of money you simply issue your own money (like as US Reserve publishes dollars), but you don’t need to buy expensive money presses because of modern Internet technology.

It is quite easy now: You just register as a user of this site and then enter your nonprofit project info at add project page. After this you click Submit button, wait a few seconds and you have your own currency! You can even create several currencies for several projects (however, it is recommended to make one currency for several projects if these projects are related with each other).

Technically your brand new currency is implemented as Ethereum tokens. So I will below refer to your currency as tokens.

You have an infinite amount of money now, but (the world is not perfect) you need to exchange it for something more liquid. For example your currency may be exchanged for Ether. Ether is an electronic currency (think of it as a more advanced version of BitCoin). The magic of this site is that it created (when you clicked Submit) a smart contract for you. This kind of smart contract is a wallet holding the Ether which you should earn in the process. Anyone can send any amount of Ether to your contract and your contract will automatically send him some tokens (see below for the formula). You can withdraw Ether from your smart contract to your personal or corporate wallet using the site.

Why anyone may want to send Ether to you? There are two possible reasons: 1. He may want to support your nonprofit project. 2. He is after receiving your tokens (I remind that when he sends his Ether to your smart contract, he receives tokens automatically.) He may hope to sell your tokens at higher price than the price he purchased it.

But why we hope that our tokens will increase in price? The reason is the following: Some users will want to make good, therefore they will use such currencies, what will lead to increasing exchange rates for such currencies, what will lead more users what in turn will increase the exchange rate. This is a virtuous circle of increasing the exchange rate. This may make the cryptocurrencies associated with projects even more profitable that regular cryptocurrencies.

Note that as the market grows the price of the token grows, it may probably become more profitable to buy our tokens at an exchange than by sending Ether to the contract address. The formula for the price may limit only the upper bound of the price, as exchanges may probably sell our tokens cheaper. Thus we expect that for good nonprofit projects the tokens will be listed by major cryptoexchanges.

Technical details

The smart contract (the thing you created when pressed Submit button) holds a very big amount of money, 1024 tokens. Satisfied with this amount of money? But I lied to you: It only appears to be 1024 when displayed in a wallet, but in fact it is an infinite amount of money! It means, when you withdraw it, it remains 1024 (does not decrease). If somebody (probably for his stupidity) sends the tokens to your contract, it remains 1024 (does not increase). So it is just… infinite. This project after all is created after the dream: what if I’d have an infinite amount of money.

There is also calculated total amount of your token in the Net. Your 1024 are not counted in the total amount. So when you withdraw tokens from your account, the total amount of your tokens in the Net increases (and it decreases if somebody will (stupidly) send tokens to your account).

Now the information for traders: I remind that the smart contracts (at least these which are created by our site) send you the tokens when you send your Ether to a contract address. The formula is: The amount of tokens sent back is calculated by the formula e2/(T+e) where T is the total amount of Ether received to this token before the purchase and e is the amount of Ether sent in this transaction. Note that this formula offers huge discounts to big (wholesale) transactions. Be sure to be among the firsts to buy! You could sell back at a higher price.

About creating a project

You need first to add MetaMask extension to your browser and create an account (which you will use as the owner account below). You can’t control Ethereum by your browser without this extension.

When you create a project, you enter (all or a part of) the following fields:

  • Owner account – You need to create it with an Ethereum wallet software. You can use this account to withdraw money to it (or you can enter another account to withdraw to it every time when you withdraw) and to control the smart contract.
  • Currency symbol (recommened to use three capital letters) – For example for the nonprofit project of our site itself, it is CRY.
  • Currency name
  • Project title
  • Project description
  • Allowed use of money
    • How you argee to use the money for your nonprofit project. You are specifically asked whether you allow or disallow yourself (by legal binding) to use that money for advertiments and press releases in particular (because the amount spent in ads may be practically unlimted, but you may want to limit yourself for better trade).
  • Related link (where is your project in Internet)
  • Information about the nonprofit organization (if the project is not just personal)
  • That you agree with our terms.

After you succeeded to receive some Ether (you can monitor it with this page when you are logged in), you can withdraw the Ether to your owner account or any other Ethereum account by Project admin area (visible when you are logged in) of the project page. When you withdraw, you must explain how you are going to use the money.

That’s all. It cannot be even simpler. For more site features, just try it.

Investment ideas

As the price grows, if you have a big amount of money you can do cheap wholesale purchase and then sell tokens to other traders who don’t own enough money for a big purchase, thus setting the price for them above the price you purchased for.

While price is yet low, purchasing even a small amount (and big too) of tokens may turn out to be profitable.

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I knew BitCoin will rise from the beginning but didn’t buy it

December 6, 2018

Since I heard of BitCoin first I somehow knew (apparently as a revelation from God) it will rise and reward its enthusiasts.

But I didn’t buy it. It is because I had some significant mistake in my religion and knew I have a mistake. I just didn’t know what exactly the mistake is. If I profitted from it, I would probably use the money to preach the mistake, for the harm of the world, to make anybody following me poor.

My new religion is described in this book. Now it is free of contradictions.

See also my other Christian books and sermons.

Nondiscrimination policy discussion

December 14, 2016

“Nondiscrimination” (for example by nationality, age, sex, etc.) is generally a good idea.

But it can be taken into an absurd: I am weak so I am discriminated by heavy lifting championships, as I don’t have a prize which strong people receive. This is a discrimination by strength.

In comments to this post, please discuss how to define discrimination more exactly, in such as way not to lead to an absurd like above.

This discussion may have or not have political consequences, but I am personally puzzled how to define discrimination exactly and wish to receive an answer.

Dreams have double consciousness

August 2, 2016

My today dream (although I do not already remember details) proves that in sleep a person may have what I call “double consciousness”.

The first consciousness (let’s call it “I”) is the consciousness which I have now (in wake), that is the memory of what I “saw” in the dream is perceived as “my” memory, the same consciousness which I saw in the sleep.

But there is another “intellect” in the dream, the one which shows me the dream. This “other consciousness” generates the dream which “I” see. Moreover the another consciousness sometimes present a puzzle for “me” while I am sleeping. This time in my dream it was so (although I forgot the details, what the riddle was exactly).

That the puzzle was presented for me and I was not immediately aware about the solution, proves that there is another generator of dreams, different that the my consciousness.

Temptation keywords in Google AdWords

July 4, 2016

The search query “ten commandments in the bible” shown 7.29% CTR in my Web site about Old Testament. I wondered and enjoyed this surprisingly high CTR.

I kept using this keywords based on high CTR, despite it is not quite relevant (it is too specific for a general Old Testament site).

But later Google told me that for such keywords bounce rate is very high and suggested me to add “ten” to negative keywords (what I did).

Conclusion: Select AdWords keywords based on common sense whether they are relevant, not on CTR.

A reason for that it’s better for economy when people are rich

June 28, 2016

Not being a professional economist, I nevertheless present in this short blog post of a reason for having people rich is better for economy.

This reason is that when distributing risks between a several entities, it is preferred that richer entities bear the risk.

For example if I’d be proposed to receive $1000000 (million USD) with probability 20% or receive $100000 (hundred thousands USD) with probability 100%, I would prefer the second, despite then mean value of the first offer is two times better. This is because a million is not my urgent need.

Having more money, I would be able to create some (probably not many, such as 1/2, but this is a general principle and the exact sum does not matter) new jobs and/or invest and/or buy some goods so supporting the producers.

So I choose risks in a way inefficient for economy accordingly basic economic laws (it is however efficient, because having more money I’d have more time to volunteer).

The conclusion: Risk distribution is one factor which makes richer people better for economy.

My predictions: right and wrong

May 10, 2016

When I was a child:

Once I’ve talked with my school teacher about the future. I’ve said “Everybody will have his own TV channel.” If I remember truthfully, then she asked “And what will they show?” and I replied “Mainly cats”. This is the correctly predicted truth about YouTube.

As I remember the teacher gave me a bad mark in the school journal “for talking nonsense”.

However I did also some wrong predictions:

In start of 90th when Eltzin and Yegor Gaidar started their reforms I expected that Russian economy will fall completely and people will die of hunger. This has not happened. I repeatedly pledged my mom to purchase me a good computer to gain the programming training and work (in order not to die of hunger). Note that I didn’t blame Eltzin and Gaidar for supposed hunger, but considered it an inevitable outcome of the history.

The reason of Freud’s psychoanalysis theory

April 20, 2015

Recently I have realized why psychoanalysis works in the way it works:

  1. Subconscious (called “heart” in Bible) is a generator of ideas.
  2. Conscious is a filter of ideas.
  3. Subconscious generates many ideas but just a few reach conscious.
  4. The purpose of conscious is to filter few good ideas out of many wrong ones.
  5. One criterion of filtering is morality. This is commonly called moral conscience.

After fall of the man into sin something went wrong.

(Mat. 15:18-19) “18 But the things which proceed out of the mouth come out of the heart, and they defile the man. 19 For out of the heart come forth evil thoughts, murders, adulteries, sexual sins, thefts, false testimony, and blasphemies.”

(Mrk. 7:21-23) “21 For from within, out of the hearts of men, proceed evil thoughts, adulteries, sexual sins, murders, thefts, 22 covetings, wickedness, deceit, lustful desires, an evil eye, blasphemy, pride, and foolishness. 23 All these evil things come from within, and defile the man.””

I don’t know which of the following two components was damaged:

  1. heart
  2. conscience

If the damaged part human mind is heart, then Mat. 15:18-19 and Mrk. 7:21-23 have become true only after the fall of the man.

But if the damaged part is conscience, then heart generated immoral thoughts even before the fall to sin but conscience was doing a good work of filtering immoral and other bad thoughts, but now conscience is probably broken.

Similarities of God and time machine

June 30, 2014

I this tiddler I propose that God and time machine are related.

In the above mentioned tiddler I describe a use case of a time machine, in which putting a time machine under a test leads to contradictory results (and so time machine not working). I propose that this is related with the commandment not to put God under a test.

A dream about zebra

January 11, 2014

Today I had a dream that I am a private investigator and investigate a deal about a white horse. They were going to repaint it with black color to a zebra, in order to deceive a child which wanted a zebra. The criminals threatened me for I not to mess in this deal.

Is anybody able to interpret this dream?