Bitcoin is a Singularity

in #bitcoin5 years ago


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Singularity has many definitions, but those definitions are often tethered to the concept of infinity.

A point at which a function takes an infinite value, especially in space-time when matter is infinitely dense, as at the center of a black hole.

Most of the time when we hear the word singularity, we are referring to artificial intelligence. The technological singularity is when AI becomes smarter than humans, allowing it to upgrade itself at near infinite speeds. The implications of such an event imply that humans would either become irrelevant or be forced to transition to a cyborg, cybernetic, or energy (light?) based existence. Probably in that order.


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Divide by zero == undefined

Is such an event even possible? It may turn out that the technological singularity is a grand impossible fantasy. In fifty years we may come to realize that an adult believing in the singularity is like a child believing they can create a perpetual motion machine. There will always be some amount of friction that takes energy out of the system.

However, many people more educated than myself firmly believe in the Singularity, so dismissing it as an outright fantasy with little evidence to back up that claim is foolish. 100 years ago Albert Einstein got laughed at for making the claim that gravity bends light and time. It was even more laughable that matter could exist with infinite density at a point in space with zero dimension. Today these "facts" are widely accepted.

On the flip side, it's incredibly arrogant to assume that stupid greedy humans would be the first ones in the Universe to bring an AI singularity in existence. This raises the obvious question: what are all those infinitely intelligent AIs out there doing with their power? Perhaps the very paradox of infinity forces singularities to exit our dimension. That certainly seems to be the case of black holes.


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Bitcoin

In the process of writing my last post and responding to the comments I came to the epiphany that perhaps blockchain is the beginning of its own singularity.

Imagine being able to buy a computer that develops itself. It makes it's own CPU, GPU, RAM, and storage space better while just sitting on your desk. That is what Bitcoin is: Money that will develop itself for free while you hold it.

This is why I think it's possible that crypto can continue to grow exponentially indefinitely. Centralization creates top-heavy cannibalistic power structures that are bound to topple over given enough time. Truly decentralized power structures can scale to infinity. Thus, perhaps we are witnessing the beginning of another type of singularity.


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We are slowly gaining gravity. The cryptosphere hasn't even become a star yet. We are still struggling to reach the tipping point of critical mass that will trigger cold fusion and power our economy free of corruption. What happens when that gravity becomes so great that we go supernova? Will we exit this plain of existence along with the other singularities? Leaving behind only the energy of our departure?

Crypto is already developing itself. Smart-money is already funding its own development. However, instead of being powered by AI its being powered by humans. Its entire purpose is to service us and allow our power structures to scale fairly and more robustly than any other setup we've ever seen.

If crypto is a world-wide super computer connected to the internet with intrinsic currency, obviously we now have access to buy a portion of a network whose value upgrades itself for free.

Imagine never having to buy a computer, phone, car, or house ever again because it develops, upgrades, and maintains itself for free. Imagine no further, crypto is here. It's going to replace the foundation of our economy and bleed into every market imaginable.

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I love this crazyness

Highly rEsteemed!

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Wow!
My mind is officially blown. 🤯
But I like how your point about self replication does actually relate to Cryptocurrency !
It is a reality that our votes regenerate as the rewards pool is replenished daily. And on the basis of our investment we can make money perpetually without investing anymore money.
It’s like a perpetual money printing machine.
Hmmm 🧐

obviously we now have access to buy a portion of a network whose value upgrades itself for free.

hahahhaha
Yay guize, we get to by a piece of our robot overlords!

She's already having Children

What incentive does a robot have to lord over humans?

What are the wants and needs of a robot compared to that of biological life?

These two spheres are pretty much mutually exclusive.

You're already being lorded over by people who want to enslave you, at least a robot has no reason to take your food, water, shelter, or healthcare away. These things are useless to the "robot overlords".

Archons can't ask questions, only answer them ;)

It is a movement that has just started and will be exciting to see the progression and evolution.

Wow! what a nice vision dude!

Yeah my crazy brain is good at forming crazy words.

Your idea is close to madness, but it's a truth that can live it in the near future.

The owls are not what they seem.

I believe we are going in that direction but there continues to be too much noise or manipulative talk about the networks themselves and how to distinguish the fake from the real... Truly a new age for humanity!

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We continue to gain gravity. Once the blockchain is offering people jobs that allow them to exit fiat things are going to get very weird.

This is already true for developers, but what happens when developers lower the bar for bloggers, gamers, critics, poker players, etc. to create a slew of more jobs? The timing of these events almost seems planned. We approach a recession while all this is going on? It's the perfect storm.

It reads like fiction but I think at least part of this will come to fruition. Not sure about not owning houses and such again but I can certainly see the blockchain and crypto environment becoming a singularity. It’s crazy to think about but I got the chance to speak to an elderly individual about bitcoin and they couldn’t wrap their mind around a purely digital currency. I wonder what we won’t be able fathom and it comes to pass for our kids and grand kids.

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"Imagine never having to buy a computer, phone, car, or house ever again because it develops, upgrades, and maintains itself for free."

Interesting perspective! That is a world I one day want to live in..

Thanks, @edicted!!!

More likely it would be something weirder like you buy a $2000 computer on credit with crypto collateral. So let's say $2000 worth of Bitcoin is locked up in a smart contract for your computer. In two years, the Bitcoin in that contract is now worth $8000, so you have plenty of money left over to pay off the debt, get a new computer, and have $4000 left over.

It's going to be Ethereum that pulls stuff like this off. They are going to be the "boring" financial contract blockchain. This is their niche.

In fact, this can already be done today with Maker coin. Anyone can put Ethereum into a CDP and draw Dai stable coin from it. As long as the loan doesn't default, you own the Dai and the ethereum at the same time.

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