[Hidden-tech] Crypto Group? Collaborative Project

Mon May 10 20:05:17 UTC 2021

Hi All,

Glad to see the interest in crypto. My plan is to let respondents trickle in for a few more days, then on Friday or the weekend suggest a meeting venue and broach ideas for sharing tasks aimed at well balanced portfolios.

Many of you may know the Coin Bureau YouTube Channel<https://www.youtube.com/channel/UCqK_GSMbpiV8spgD3ZGloSw>, truly superb, searchable within now hundreds of videos.

Anyway, I've got to attend to my day job, so on Friday or this weekend I will reply more.

My best,

~Rob

________________________________
From: Hidden-discuss <hidden-discuss-bounces at lists.hidden-tech.net> on behalf of Yes Exactly via Hidden-discuss <hidden-discuss at lists.hidden-tech.net>
Sent: Monday, May 10, 2021 1:42 PM
To: Tom Murray <tommurray.us at gmail.com>
Cc: rich at tnrglobal.com <rich at tnrglobal.com>; hidden-discuss at lists.hidden-tech.net <hidden-discuss at lists.hidden-tech.net>
Subject: Re: [Hidden-tech] Crypto Group? Collaborative Project

Very cool! Can I ask what made you decide not to pursue the Holochain project?

On Mon, May 10, 2021 at 9:59 AM Tom Murray <tommurray.us at gmail.com<mailto:tommurray.us at gmail.com>> wrote:
FYI I have a Holochain<https://holochain.org/> server box that I never set up, willing to lend.

On May 10, 2021, at 10:19 AM, Andrew Bellak via Hidden-discuss <hidden-discuss at lists.hidden-tech.net<mailto:hidden-discuss at lists.hidden-tech.net>> wrote:

Hi Rob,

I’m interested in joining the group.

I have a Gemini account and we have following the space on and off for several years.

Regards,
Andrew

Andrew Bellak
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On May 10, 2021, at 8:07 AM, Tess Gadwa via Hidden-discuss <hidden-discuss at lists.hidden-tech.net<mailto:hidden-discuss at lists.hidden-tech.net>> wrote:

Thanks for the shoutout, Rich. I am still on the Hidden Tech list, lurking, lurking...

I have a few thoughts about crypto and a good deal of experience in that space, but they are bound to be contrarian.

#1) The main selling point at the moment is for its perceived anti-inflationary properties. e.g. Bitcoin has an algorithmically fixed supply -- it won't be affected in the same way by Biden printing more money to fund a Coronavirus - slumped economy. Except that Ethereum is the hottest property at the moment, and it is not a deflationary currency. It does have some extremely interesting and valuable properties -- for instance, enabling decentralized apps (or DAPPS) -- "smart contracts" that execute automatically and are self-enforcing in any jurisdiction.

#2) Crypto is not a carbon-neutral technology. Newer innovations like Holochain offer promise in this area, but for the Bitcoin blockchain and other mined Proof-of-Work currencies, transactions carry a significantly higher energy footprint than traditional fiat-based secure e-commerce. This was the main reason I got out of the space .

#3) For those unaware, we have an unprecedented ransomware cyber-attack to our energy infrastructure playing out right now, as hackers have shut down Colonial Pipeline, which supplies much of the East Coast with gasoline from Texas to New Jersey. This is expected to impact fuel prices and other economic indicators nationwide, but the real question on my mind is whether Biden and Congress will "fight back" by introducing legislation making it more difficult to use Bitcoin -- the primary currency for ransomware. An outright ban is unlikely, but even saber-rattling could cause a 20-30% slump in the prices of leading coins.

With this in mind, I would say that while speculating in coin is fun and easy, volatility has not gone away. I do not advise anyone investing a significant portion of their assets in this space if they are unfamiliar with it, especially because we are at the top of the market. Happy to discuss further.

Cheers,
TG

--

Tess Gadwa

Product Architect
Lotus.fm<http://lotus.fm/>

971-412-2493

On Sun, May 9, 2021 at 10:43 AM Rich at tnr via Hidden-discuss <hidden-discuss at lists.hidden-tech.net<mailto:hidden-discuss at lists.hidden-tech.net>> wrote:

check in with Tess (founded  Yes computer in GF and moved to Portland) -- she's done some work in blockchain and has some ideas,
too detailed for me to try to repeat.

If you don't have her contact I can dig it out.

On 5/8/2021 12:49 PM, Rob Laporte via Hidden-discuss wrote:
Hello again,

Does anyone know of and/or want to form a blockchain/cryptocurrency group in this area?

I'm also floating here an idea. Using skills I've developed over 25 years at my firm, I have made a system for vetting cryptocurrencies to invest in. It makes very efficient the process of scoring several key attributes according to underlying data provided by Messari.io<http://Messari.io> and other resource websites. Even with efficiency, however, it takes time, and I imagine organizing a small group where each person tackles one of ~20 sectors.

This is a personal project, and I’m not selling anything. In fact, I’m gladly giving away the fruits of a lot of labor on this system, in hopes that a group will use it, and no doubt improve it, to create mutual benefit.

Take Care,

Rob Laporte
Chief Business Development Officer | Founder | Chairman
DISC - Making Websites Make Money
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