is systemaccounting a cryptocurrency?


what the public recognizes as "cryptocurrency" is nothing more than distributed data and encryption to the veteran technologist

knowing when to distribute, and when to encrypt, is what separates systemaccounting from whatever technology trend currently serving as a bandwagon for knowledge, and fiction for production (try leaving the bakery with a loaf of bread after explaining to its producer your computer created a "coin"*)

systemaccounting distinguishes itself by ranking the distribution and encryption of data as secondary to its structuring according to scientific law, the scientific law's enforcement, and the data's suitability for continuous computation

the cryptocurrency software is densely designed around denying the financial industry the ability to control and print money through a compromised government

while the feature of locking out financial hackers is important, the cryptocurrency application over-emphasizes its response to such concerns in its design, thus causing it to be an inefficient and incomplete solution

among other shortcomings†, the primary reason why cryptocurrency software can never become more than a novelty in the application of trade is that it does not support law enforcement's duty to enforce judicial writs

for example, if a consumer purchases an item from a seller, and the seller does not deliver the item as promised, a judge issuing a writ to return the property to the consumer is powerless if the sheriff cannot execute the levy

though crippling law enforcement through technology is currently a popular and emotionally gratifying response to the distrust of one's government, systemaccounting recognizes such motives as both short-sided & unsustainable because justice cannot be served to whom it is owed (issuing negative reviews to a thief is not justice)

rather than indulging in some reckless phobia of government, systemaccounting remedies government distrust by defining a reaction relationship between accepting the duty of enforcing law for the public, and the duty of becoming a user in a system where the public may enforce accountability in return:


in short, measurability and accountability are instruments systemaccounting supplies citizens to maintain the trustworthiness of a government they depend on to uphold justice

as systemaccounting eliminates the learning curve to a fundamental law of physics through efficient and easily-consumable data science, the "communists", "socialists" and "capitalists who once tore society apart with their complicated ideologies will be converted into data scientists because they've realized their labels don't mean anything to a simple process that requires one to measure their environment before forming an opinion about how to improve it

reducing division, chaos and absurdity may always be expected from an empirical view of social matters (see: privacy, justice, interest rates, elections, etc. on FAQ)


*note: while the u.s. dollar is not without entropy, alternatives do not have less

note: an alternative currency is attractive given the popularity and importance of the subject, but money must ultimately testify to the irrevocable opinion of the one who issues and enforces it

when money, or the goods and services it was traded for is stolen, there are people sworn to uphold its empirical value who promptly appear to correct an incident where the recorded numerical opinion of its issuer was violated

when someone steals a unit of cryptocurrency from another person, the opinion of the United States Treasurer, for example, is not involved

any action not involving the u.s. dollar has nothing to do with the united states treasurer's recorded opinion of who has earned value after measuring, promising, and delivering it, and who shall receive value after measuring and accepting the promise of its fulfillment by another

for systems in a constant state of trade, the only currency worthy of trust is the one that swiftly enforces justice among all its users, at all times

eliminating the financial industry's control of money while preventing counterfeit are but minor features for a system designed to address the deeper technical issues plaguing the economy

the systemaccounting software provides coverage for all of the above and more through its unsurpassed mathematical simplicity and computational elegance

by modeling a fully-analytic economic continuum, the elimination of information asymmetry, uncertainty, and any other event owing its existence to financial friction are all dilemmas the systemaccounting platform is designed to resolve

Was this helpful?