XpaymentsXCB

Does Elon have everything he needs for Everything?

I was e𝕏pecting something more e𝕏ciTiNG...

What is the value of truth? Now we can measure it with Core Blockchain. “The theoretical value of the Core Blockchain is the difference between good an evil.” James Neil Hansen - 2024 Here’s why: (long) Satoshi’s difficulty-level invention is as revolutionary as the wheel. Money is the operating system of civilization. A civilization expands when its money grows in value. Strong money incentivizes humans to reduce time preference—worry less about today—which leads to greater investment. The future is bright. People make long term plans. Strong money will bring us the “Star Trek replicator economy”—where anything imagined materializes for free. “Ah, but there’s the rub!” Hamlet – William Shakespeare The problem with strong money is that it is a commodity subject to the laws of supply and demand. As a civilization advances, money increases in value. As value rises, counterfeiters and politicians make more. This increases the supply, and then the value of money falls. Weak money diminishes human’s ability to value the complex flow of goods and services required to build civilization. The future is bleak. People live for today. Societies crumble when money loses value. No civilization has ever produced an enduring money—not one. Some have lingered for a few hundred years, but all eventually fail, ending in war, economic decline, migration, and famine. The Bitcoin difficulty factor solves this problem. Like every other commodity, the incentive of bitcoin producers (miners) is to make more bitcoin rises when prices rise. However, Bitcoin algorithms increase the difficulty factor and that causes each miner’s efforts to produce less bitcoin. So, unlike EVERY other commodity and money, the supply does NOT rise when the price rises. It grows at a rate programmed in the software, now increasing less than 1% per year. That makes Bitcoin the strongest money the world has ever known. Bitcoin should elevate civilization to Mars and beyond; however… Bitcoin is flawed. Strong money holds its value over time, over space, and over scale. Strong money buys more of everything tomorrow than today—TIME. Strong money holds value over a wide geographic area; it’s widely accepted everwhere—SPACE. Strong money holds value whether buying a cup of coffee or all coffee beans in a country—SCALE. However, Bitcoin doesn’t hold its value over SCALE and it doesn’t hold its value over SPACE. Most everyone accepts that Bitcoin has a problem with SCALE. Small transactions cost more than large ones. The slow block generation rate and high block costs are FEATURES, not bugs. This explains the high value of Bitcoin over TIME, but it also explains the need for networks like Ethereum and the efforts by hundreds of companies trying to develop the Lighting Network. People are working on Bitcoin’s SCALE problem. What is NOT obvious is that Bitcoin does NOT hold its value over SPACE. What? Bitcoin network CLEARLY holds its value over space! (Operationally.) It costs the same amount (exactly) to send bitcoin to the person at the cash register next to you as it does to send bitcoin to a person in a remote Tibetan village. But the bitcoin transfer is only one side of every transaction—the other side is the exchange of goods! It’s easier to trust the cashier who now is bagging your groceries than the art dealer in Tibet who is now shipping your painting. Trust. Bitcoin does NOT solve that problem. In fact, Bitcoin enables the other side of every transaction to be worse. Scammers are using Bitcoin to effortlessly steal money from people thousands of miles away. Core Blockchain solves the trust problem. Here’s now: Money has more value when it is fungible—each dollar is exactly like every other dollar. Bitcoins are fungible; however, goods, services and people are NOT fungible. The transactions imagined above exchange something fungible (bitcoin) for something that is NOT fungible (goods). The cashier and the art dealer are NOT exactly alike. People and goods are NON-fungible. This is the value of the Core Blockchain (XCB): The Core Blockchain transforms the non-fungible into fungible. How? Every person who uses the Core Blockchain must buy a CorePass ™, a non-fungible token containing the identity of the CorePass holder. The CorePass is unique for each person. The Core Blockchain doesn’t ONLY transfer bitcoin, it also transfers the value of the trust and reliability of user’s goods and services. Persons on the Core Blockchain are known by all, even while their identities remain private. The CorePass digital identity is stored ONLY on the user’s device. There is nothing for criminals to hack—no company or government or server farm. There’s no “big brother” recording your iris or fingerprint. The identity of the art dealer and cashier are protected, but their deeds or misdeeds are NOT. The Core Blockchain enables faster, safer, and cheaper Bitcoin transfers than competitors. Should this come to pass, XCB will be valuable. But this is not the primary value. The Core Blockchain also transfers the value of the reliability and each user’s trust over SPACE and SCALE. So, the value of the Core Blockchain is transferring the value of the good without the bad. Very quickly the Core Blockchain will become like a giant honor box. In many rural parts of the world today, people place goods for sale unattended on a table by the road with a money box or a glass jar. If you want to buy something you just take it and put the money in the jar. You unscrew the lid and if you need change, you just take it out. In rural America it’s not uncommon at end of the day for hundreds of dollars to be in the jar. No Ring doorbell camera. Nobody at home. No body watching. Image a world where you could park your Lomborghini by the road with a sign, “For Sale $350,000 - Just Put Cash in Jar! Keys Above Visor!” This is the kind of world the Core Blockchain founders envision. When you scan a CorePass QR code you not only transfer the cash, but you also transfer the trust. You have absolute certainty you are not dealing with a bot. If a person is a scammer, phisher, poor deliverer you will know that before sending or receiving money. Very quickly, our world will bifurcate into white and black—those with Corepass and those without. So, what’s the theoretical limit value of the Core Blockchain (XCB) with CorePass? XCB is equal to the value of the good in the world minus all the evil!

Emancipation Proclamation: CorePass ends identity slavery! CorePass data resides ONLY on your device! You now own you! Image a dystopian world where everything you made was required to be stored in a central warehouse. And the warehouse had been robbed numerous times—even yesterday. Furthermore, large companies were allowed by law to take your stuff out and rent it and they get to keep all the money. I have just described today’s digital world. You are a slave. Your masters own you. CorePass allows you to possess you. Emancipation! Freedom! December 31, 2024 @ 10:15 am. Share the good news! You are free!

Friendly reminder to everyone out there with all the speculation surrounding @XPayments: Do your own research (DYOR). Form beliefs but stay open to opposing opinion. Don't drink your own Kool-Aid.