I'm entering my annual window of creative thought. A general period of time from September through December. Something that I have written about several times in this blog that started in my 20's and has continued through my life. An annual spike in entries to this blog demonstrates the rise in creative thought at this time of year.
Maybe it is only because it is getting colder and the days are shorter? Who knows. Fact is that it happens.
Issues of truth, trust and honesty are becoming increasingly defined in our society by more evident divisions and polarizations and at the same time are becoming more difficult to deal with. The old standards and methods no longer apply. The old standards and methods to a great extent probably just covered over and hid from view the same existing problems better. The advancement of technology has given us new media and information technology tools that are power in the controlling hands of those that understand and use them.
We see the results of this new found power in finance, politics, media and all other aspects of society. Opportunists are the first to seize these opportunities for the associated gains. The rest of society and our environment is the source where they derive gains, measured in whatever fashion from the technological tools. The 1% is not only strictly a financial category. Everything has a connection to money but power is not in money alone but how it is used to for power purposes.
Technology produces new tools to subvert, pervert (or in softer more skillful terms spin ore manage) truth, trust and honesty for gain. The same technology is a two edge sword to slay the dragons with truth, trust and honesty.
What is truth, trust and honesty? Something I think about. write about. Scientific fact? Whatever we choose to call truth? It runs the entire continuum. Beyond the range of scientific fact (some think our existence is a simulation) truth becomes whatever we hold to be self evident for reasons that are self evident.
Truth, trust and honesty are elusive as Shadows on the Wall to grasp as much as levels and degrees beyond those shadows. Some may see beyond the shadows. Hard to induce the same levels of sight to those that don't, can't or won't.
Money is a Shadow on the Wall Allegory of the Cave. The real object "Money" casting that shadow and its nature outside the cave is hard to see and comprehend what it is and what it does to cast the shadow. That real object casting the shadow is merely another shadow cast by everything and everything that is an objective of object management for which money is merely a medium of exchange.
Perhaps it takes a "Medium" to clearly see into that twice removed shadow on the wall of a cave to see the source of levels of shadow casting!
The sun is the source of our shadows on earth. Perhaps that is a model for thought. Few people can or do look directly at the sun or they would go blind yet we are all (including plants, animals and inanimate objects also) aware of the presence of the sun.
I look at things from an Object Oriented view. Objects rule, Actions of Objects implement their attributes. All objects are things. All things are child of a higher level parent thing. All things share some degree of attributes with all other things. Things that emerge as thoughts from our minds are things and have a relationship order structure to them. They are not necessarily related to the natural order of the physical world structure. They may be and are purely conceptual.
So I enter this window of time to look beyond the shadows to structural levels of things, real and conceptual that cast a succession of shadows. Building on what I think I have seen in the past on my journey to climb a tree to get to the moon.
A good dose of Truth, Honesty and Trust seems to be the cure to the problem domain called the situation of our world today. What applications of technology, reason and logic can be created from the parent conceptual Objects of Truth, Honesty and Trust.
Truth = the subject
Honesty = the object
Trust = the implementing verb joining the subject and object to create a conceptual sentence.
My thought turn to Blockchain again as they have so often in the past entries of this blog.
The state and being of an object today is a time line function of change to whatever its attributes and methods and messages were in its prior blockchain state.
Time itself is the ultimate blockchain. The rock of truth creating a foundation upon which to build.....whatever is to be built in time.....real or conceptual.
New views of the Problem Domain emerge as it is examined. Prior views of Blockchain application to solve problems of a monetary system were from how it would improve it. A new view is to look at it from the standpoint of what it would expose as dysfunctional, false and dis-honest. A strategy in examining the problem is choosing the lowest hanging fruit for its application which is not necessarily the financial system but the successive ownership of objects related to the medium of exchange transaction. Blockchain that first, such as the ownership and transfer of ownership of real property.
An old paradigm of ownership is single entity ownership. The new paradigm is the slicing and dicing of beneficial ownership among many owners in whatever terms that beneficial ownership is defined. Leading to many owners claims of full ownership of the same under laying asset?
Blockchain reveals truth as well as documents the truth.
Yippee! Another first bragging right: "Blockchain reveals truth" and "Blockchain reveals the truth" are both my own originally expressed creative thought sentences entered into the World Wide Web subject to a google search. I therefore claim bragging rights as first to express these fundamental concepts that to me are words written on the wall.
Amended and withdrawn some bragging rights: I must credit 4 sites on a google search that used the phrase "blockchain is truth". An elegant statement. However blockchain actively revealing the truth (true or false) is conceptually a different idea than simply stating a fact that blockchain is truth. Mine is a statement about a functional result of blockchain.
I coined these original conceptual specific sentences, others are free to use it without attribution.
They are the new view I will take in thoughts about the nature of Blockchain. Blockchain is a better system but by its nature exposes the failings of the old system. That however is not a good thing to some with vested interest in the established system but a danger.
While I am positive oriented and avoid fear based thinking or use of fear as a tool for application of agenda. The fear aspect of Blockchain is a feature to be considered and applied to those that fear loss of power to obscure truth and honesty.
Wonderful how Blockchain will cut so many ways with two edges.
Bain reports how much banks will lose if they do not implement Blockchain.
http://www.pymnts.com/news/b2b-payments/2016/bain-bank-blockchain-revenue-opportunity-trade-finance-cross-border-payments/
How much will banks gain in comparison if they continue as long as possible with the current legacy system that works so well for them? Probably more for a certain period of time until the cost/benefit curves cross or the winds of political change and law induce a broader cost/benefit/penalty decision?
It is all about the timing and what banks and financial entities can get away with to maximize return. They are certainly making their estimates and placing their bets. They will change to blockchain but of their own fenced garden design to have their cake and eat it too.
No comments:
Post a Comment