Could Blockchain Be Used More Appropriately To Facilitate Cashless Society?

Thinking out loud is often done in a haste hints the nature of it.  Thus my thinking out loud in this post isn’t solid, but I like to dabble on here.  One thing people fear about a cashless society is that once the digital numbers are being erased somehow, their worth would be gone without any trace for recovering.  Thus, people are definitely still preferring cash as a mean for emergency backup.  After all, if their digital world is being shut down, they got cash to help them survive daily such as buying foods and whatnot.

Bitcoin is probably going to be an enemy of the banks since banks want to be the middlemen of the transactions.  Bitcoin takes out the middlemen role and allows people to have a direct transaction between the two parties.  In order for the bank to receive commission and gain liquid fund, the bank needs to be able to insert itself into the deal.  Simply put, Bitcoin is against a traditional bank which isn’t accepting Bitcoins!

Banks can accept Bitcoins, but people won’t use banks as of how they would use a traditional bank.  Bitcoin users may want a bank to behave as a trustful Bitcoin exchange to facilitate the Bitcoin transactions in safety manners.  This way any Bitcoin bank can still insert a banking role in a non-traditional way into the deal.  Since Bitcoin will be more transparent — plus demoting a traditional banking role somewhat, I don’t think the banks will be able to create more creative derivative means for creative investments.  I could be wrong since this is thinking out loud session.

Bitcoin is also very similar to a cashless society because it isn’t cash and it’s digital medium.  Taking away Bitcoin, underneath it all is the technology itself which is the blockchain.  The blockchain technology is more important than the clothes it is wearing such as a crypto coin (i.e., Bitcoin).  Why?  I think blockchain technology is good at keeping transactions honest.  This honesty is rather important for cashless society don’t you think?  Nonetheless, current Bitcoin way isn’t helpful for blockchain technology since the implementation is rather crude, allowing people to hack and steal each other Bitcoin without a clear way to trace back to the original owner of the lost Bitcoins.

If I’m not wrong, a will be successful cashless society could use the blockchain technology to keep cashless money honest so the original owner of the money won’t fear the tyranny of a cashless society shutdown event.  By that I mean the only way for a person in such a society to lose wealth is being incriminated with evidence and wealth get confiscated by a court of law.  In such an orderly way the blockchain technology could be used to keep track what money belongs to whom before the exchange takes place and long afterward so a cashless society shutdown event which occurs by any other mean besides the legal ones such as the one I stated just a moment earlier would be a futile effort.

I think people would be able to accept a cashless society when their wealth won’t be suddenly disappeared overnight in a mysterious event.  Of course, people are still going to fear that if they’re innocent and being convicted wrongly; their wealth got confiscated in such a rude event — they could be helpless as they would not be able to survive daily when their digital wealth got shut down in a cashless society.  I think once one accepts a cashless society, one has to accept such possibility as there won’t be any legal cash laying around to act as a legal tender for acquiring daily things.

By writing this blog post, it doesn’t mean I support a cashless society!  I just merely thinking about the possibilities and effects of it all when such a society occurs.  Although China isn’t a purely cashless society, because paper money is still going to be a legal tender within China.  Nonetheless, China is one of those countries that is leading the race in facilitating the use of money through digital devices such as the smartphone.  I think once the money becomes digital numbers, money is indeed facilitating a cashless society.  A cashless society is definitely taking some shapes or forms around the world, and so I’m writing this to amuse myself with both negative and positive possibilities of such a phenomenon.

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BandLab Releases the New Cakewalk Sonar Platinum Now Known As Cakewalk by BandLab For FREE!

So, I was using Cakewalk Sonar Platinum Digital Audio Workstation for past couple years, but then Gibson killed this DAW product line.  Many people were mad since they too had used Sonar for a long long time.  I was agitated by the news, and so I went online to look for the alternative to Sonar Platinum.  There are many alternatives to Cakewalk Sonar Platinum, but the cheapest professional version of whatever out there is still around $60 or so.  I thought I have to spend more money for a DAW since Gibson killed Cakewalk Sonar.  Luckily, BandLab, a Singapore company, decided to buy off Cakewalk Sonar product line so they could continue to build and support the awesome DAW.  I was patient in waiting for BandLab to release the update for Cakewalk Sonar, and my waiting is now paying off big time!

For couple days already but I just got the memo, BandLab had just released the early access version of Cakewalk by BandLab.  Basically, Cakewalk by BandLab is now the new name for what used to be Cakewalk Sonar Platinum.  Not only BandLab had released the early access version of Cakewalk, BandLab announced that Cakewalk by BandLab is now FREE for everyone!  Yep, you heard it right!  Anybody can now freely download a full top of the line version of Cakewalk DAW that used to cost a huge amount of money!  This means you get to save a huge amount of money from not spending any money on DAW and use this saved money for something else that could help you improve the quality of your mixes.

I think BandLab will change the music industry in regards to DAW specifically!  How?  As of now, I don’t see any professional DAW out there that is completely FREE.  Yet, BandLab released Cakewalk as a FREE DAW.  By the way, Cakewalk is a very professional DAW, and it is now FREE!  Imagine that!  So, I think other DAWs out there will have to either drop the prices or come out with better features somehow to make their DAWs unique just so they could compete against Cakewalk by BandLab.  Cakewalk users don’t have to be desperate now since BandLab is going to improve Cakewalk even more!  Basically, if Cakewalk gets smarter such as getting AI features and such, I think other DAWs will have a hard time in competing against Cakewalk by BandLab.

I found a YouTube video which addresses the announcement of the new Cakewalk by BandLab DAW.  You can watch it right after the break!

Update!

I just installed the early access version of Cakewalk by BandLab, and I was surprised that it recognized the settings of Cakewalk Sonar Platinum.  It allowed me to import the customized settings that I had with Cakewalk Sonar Platinum, and so I didn’t have to mess around with the settings of Cakewalk by BandLab!  It was a quick installed and I got to play with the new Cakewalk again!  Oh, I did have to add the locations of VSTs and rescan the VSTs again!  Nonetheless, everything is now working so smooth!

Will AI Be Used In Dealmaking Soon?

In the very near future, when Artificial Intelligence is more capable, will governments around the world readily deploy AI to do things such as drafting a free trade agreement?  As I’m watching the news clip on YouTube, and this person states that an FTA between two parties is going to take a very long time, possibly years, to complete since complex deals could be involved with complex, new technology and so forth.  This is true as we’re human and it takes time for us humans to digest and make sense of things before we could readily draw upon an agreement of something.  For AI though, things could be fast-track in milliseconds, I assume.

I guess when such a time comes, whichever country has a more advanced AI could get an upper hand in an FTA deal, assuming that each country won’t be able to replicate the other country’s AI tech.  Obviously, if a country’s technology is so easily being stolen, then their future AI tech is not going to be able to be kept as a secret.  What’s worse is that a competitor could replicate and improve on the tech to leave the original creator in the dust.  As the former dilly-dally without any progress, the latter may also be able to figure out the flaws within the former’s AI tech, allowing the latter to exploit the flaw to squeeze out an advance in a deal such as an FTA deal between two trading countries.

Let’s humor ourselves and imagine how a scenario would unfold when a country without AI tech is engaging in a fictitious FTA deal with a country that got a really advanced AI tech.  Obviously, no AI secrets would be included in the deal!  I suppose the country without AI tech would look at the FTA draft that they’d taken years to mold without any confidence when they propose the terms in the FTA meeting with the counterpart that got an advanced AI tech as the assistant in the dealmaking.  Meanwhile, the side with advanced AI assistant would probably have already made a decision on how to negotiate the terms beyond the first draft that the side without advanced AI assistant is proposing.

I think the side without advanced AI assistant would probably be even more cautious in coming to an agreement with the terms that are being proposed by the side with an advanced AI assistant, knowing that the advanced AI assistant would probably have given better advice to the owner of the AI assistant.  Perhaps, the side with advanced AI assistant could use the AI to come up with terms that are so subtle that allow the counterpart to not being able to see the true meaning of being taken advantages of.  Would this allow the FTA deal to fast-track in real time?

Hyperloop vs Super High-speed Maglev Train, Which is cheaper and more affordable? Which is faster and safer and more enjoyable?

Remember Hyperloop?  Elon Musk’s Hyperloop suggestion is probably in the work by someone in the West, but in China, they’re testing super high-speed train that could reach 1000km/h.  I think Chinese are combining the concept of Hyperloop and Maglev Train into one, and this could allow any Maglev train to travel in a vacuum which increases the speed of the Maglev train.  This makes me wonder which is more efficient and cheaper to build, Hyperloop or Super High-speed Maglev train?  I think Hyperloop requires digging a tunnel, but the Chinese could build durable but affordable materials to form a vacuum which encases the Maglev train.

Can Demonetization Help Boost Living Standard While Erasing Poverty At The Same Time?

Is it possible that in the near future almost everything will be demonetized?  Just recently I’d read a TheVerge headline “GM will make an autonomous car without steering wheel or pedals by 2019” which suggests automation in the auto industry is actually speeding up as we speak.  If this is “gonna” happen, it will be a fun ride for everyone in this industry to figure out how they will adjust to such a change.  Could demonetization come sooner for the auto industry?

Imagine, the cost of owning a car associated with the costs of related industries such as insurance may add up more than just owning a self-driving car.  If this is the case, then a self-driving car can actually help bring down the costs of having to own a car.  It seems if we can automate car driving, why not every other mode of transportation?  Such ambition may drive and demonetize the costs of almost every mode of transportation that will be available in the near future.

I was just recently pulled over by the police for crossing a green light when another car also was trying to cross the intersection.  It was a weird thing for me.  Near the highway, there is a small opening which divides the left turn section that leads out to the main highway.  The light is green, but the traffic got stuck ahead of me.  I stopped at the green light to leave an opening for the other car to drive through, but this car couldn’t or wouldn’t want to drive through.

The traffic ahead suddenly moved forward and so I’d decide to either hold up the rest of the traffic behind me while the light is green so this one car could go through eventually or just move forward so the traffic from behind me could flow forward.  Unfortunately, this car seemed to be doing nothing as the traffic behind me on the right kept on moving forward as the light is green.  So I decided to move forward onto the main highway in my left-turn lane so I wouldn’t hold back the traffic behind me.  Unfortunately, a police car behind me pulled me over for doing I thought what would be best.  In the end, I told him I didn’t know what to do in such a scenario, and so the police just gave me a verbal warning.

I was lucky to not get a huge traffic ticket bill for the incident.  While driving back home I revisited the GM self-driving car announcement for 2019 in my head, and from within I knew I couldn’t wait for this whole self-driving car to become a reality.  Basically, I think the self-driving car could help clear me in such situation immediately.  Imagine the reaction of the police when they pull you over because your self-driving car got no steering wheel.

If they write a ticket, would it be billed to GM or to the insurance company?  Will GM provide insurance for the self-driving car or you have to buy one even though you won’t be driving the car yourself?  One thing for sure though, when the self-driving car makes mistakes, you know for sure you aren’t responsible for the mistakes.  In my earlier scenario, I guess the police wouldn’t even care to give out a verbal warning if the self-driving car was making the decision right?  Or the police can just write a citation to GM so GM would tweak their self-driving car software better, right?

As the video above suggests that demonetization for almost everything might become the reality of the future as more things are going to be evermore abundant as long we know how to generate energy near zero cost and whatnot.  The efficiency of renewable energy is going to be a very important factor in helping a futuristic demonetization society.

Furthermore, if demonetization isn’t in a future deck of cards, then we may see a lot of troubles ahead.  How come?  Imagine more automation can only be sped up as we speak because of competition from China and other countries that got a lot of demands for keeping their industries stay competitive.  The chain reaction of speeding up automation from abroad may greatly speed up automation at home.  The widespread of automation will speed up in taking out the human element in the workforce as time rolls on.  As more humans lose jobs to AI robots and other AI machines, I think demonetization will help us somewhat solve the problem of poverty as joblessness may become a widespread problem in the future.

Can Quantum Mechanics Be The Key To Allow Us To Escape 3D Spatial Fabric So We Could Travel Through Time?

In the previous blog post “To Travel Through Time I Think We Need To Exit Our Own 3D Universe And Enter 4D Universe” I suggested that we could escape our three-dimensional world to a higher dimensional world in order for us to do time travel.  The question is how are we going to do it?  Easy to say than actually do it.  For obvious reasons, we can easily imagine up the problem, find an imaginary solution according to the power of deduction, but sometimes it would be impossible for us to put the power of deduction into practice.  In this case, it’s currently impossible for us humans to escape our three-dimensional universe.  Simply put, we don’t have the tech to do so.

In order for us to have the tech to escape our 3D-universe, we need an exact, practical know-how method with precise steps to produce a tech in which we could use to escape our 3D-universe.  Obviously, we don’t have such knowledge.  Nonetheless, I don’t even have to convince you that we can travel to the moon nowadays because we obviously could escape our homeworld which is earth.  We’ve been sending satellites to circling earth for scientific data and whatnot, and so I don’t see why we couldn’t be even more ambitious in the regards to exploring the outer space.  One step beyond the final frontier would be time travel.

Time travel is a science fiction that we probably won’t be able to put into practice, if ever, in a foreseeable future as it’s the stuff that is too way out there — too crazy to put into practice for us humans in our current evolution.  We couldn’t even yet achieve a technology which could allow us to travel between galaxies.  In my opinion, unless we achieve the ability to jump between galaxies to shorten our trip in space, we probably won’t ever have the time, the tech know-how, nor the will to even think about achieving time travel.

Nonetheless, none of the barriers I’d mentioned would stop our imagination from running wild in regards to time travel.  Movies, books, and whatnot have been exploring the fictional science of time travel for many years already.  I still think we need someone, a little crazier than normal, to actually explore the math and whatever about time travel.

Personally, I like to chime in a bit on how should we approach in finding a method to allow us to escape 3D-world so we could enter a higher dimension such as the 4D-universe so we could at least have some hope in achieving time travel.  So let me ask you to imagine something that is so weird OK?

Imagine a transparent, plastic bag which holds some water inside, but the bag is riddled with small holes.  Instead of escaping from the bag, the water is comfortably swirling inside the bag normally when one shakes the bag up.  Puzzled?  A bag with thousands of holes, yet water won’t be spilled.  Not even a single drop water would be spilled through this bag.  Still puzzling?

What kind of a monster bag is this?  You probably want to have one right now, right?  Well, this bag won’t exist yet unless my imagination becomes a reality.  As of now, the sun is still rising in the east and settling in the west, and so no, the reality isn’t yet capable of turning my imagination into something real just yet.

Nonetheless, let’s push forward with our imaginative hole riddled bag that is being filled with unspillable water.  The idea is that the holes are inexplicable small to the point that no water molecule could spill through.  Thus water could not be spilled from this leaky bag.

Since the water could not escape the bag, and so the water is just comfortably swirling inside the bag as normal.  Imagine our 3D-universe is like this bag.  It got holes that could allow us to escape to 2D, 4D, 5D-universe and so forth, but we simply can’t get through these holes to escape our 3D-universe.  We simply just don’t have the tech or it’s just impossible for us humans to do so without some sorts of futuristic science or pure magic or godly power.

The idea isn’t too weird though if we correlate this to quantum mechanics.  If my shady knowledge of quantum mechanics isn’t too off course, then I think using quantum mechanics we can somewhat point ourselves to clues that could allow us to glimpse at a higher dimensional world.

In the quantum world, things don’t behave normally as how we would expect in our own large, physical world.  Basically, in the quantum world, things seem to be inexplicably appeared and disappeared into places that we could not track or measure.  Is this still true with our current tech?  I’m not sure if we can actually yet track things in the quantum world yet, but if we can this would be awesome.  If we haven’t yet discovered how to do this, then I guess let me just use quantum mechanics to correlate to what is relevant in this blog post — to satisfy my ego.

This is just a pure speculation and got nothing to even come close to fact.  I speculate that in quantum world there are holes that are so small, inexplicable small, that could allow things in the quantum world to slip in and out of the current dimensional world that we’re living in which is the 3D-universe.  Of course, this is outrageous.  I have not read anything which suggests this could be the case.  This is just a pure speculation on my part.

Let’s just assume that in our 3D universe, in the quantum mechanics scale of things, there are inexplicable small holes that could allow things to slip out of 3D spatial space.  If this is true, then at least this could allow us to imagine that one day there will be a technology which could teleport us through such a hole and allow us to escape our 3D-universe.  On the other side, it could be 2D, 4D, 5D, and you know whatnot dimensional space that we could enter as we exit our very own 3D spatial fabric.