Never in the field of pharmaceuticals has so much been gained by so few for delivering so little. With apologies to Winston. The triple-jabbed Queen has Covid. She would have likely caught it from triple-jabbed Prince Charles or Camilla, in turn, they would have caught it from some triple-jabbed royal courtiers or hangers on. The UK Government has just announced that a fourth jab will be offered to the over-fifties from next month. Wider distribution later.
Am I missing something?
This is the usual spiel from the latest NSW covid weekly surveillance report (14 February):
“…the proportion of cases with two effective doses who experience severe outcomes is still lower than that for cases with less than two effective doses in every age group, demonstrating the effectiveness of vaccines to protect against severe outcomes.”
I dare say you will find the same thing or close to it in every Covid report issued by health authorities wherever. What they’re finding out is unpalatable. The vaccines are not keeping people from getting sick and dying. Bluntly, they don’t work. They’re a crock. So, they resort to statistical legerdemain.
In the NSW covid report mentioned above, 80 percent of those between the ages of 70 and 79 reported as being in ICU’s or as dying in the reference period had at least two doses of the vaccine.
Now, it’s bad enough claiming that this is less than the proportion of people in that age group vaccinated. Really, one might say. Never mind that distraction, why are so many people protected by the vaccine getting sick? That’s the question.
Second, it’s worth me repeating something that I’ve written a few times lately. Telling us that proportionately fewer people getting badly sick are vaccinated is meaningless. It is meaningless unless we know the morbidity condition of all those getting badly sick and those not. For the edification of the statistically challenged, obviously including politicians, using the population as the denominator is invalid. Statistics for Dummies is recommended reading.
The population at risk from the virus is the population of all of those with relevant comorbidities, say, two or more of such comorbidities. This is the denominator; not the population as a whole. Above the line – the numerator – is the number of such people getting badly sick and/or dying; first, who’ve been vaccinated (to give one ratio); second, who haven’t been vaccinated (to give another ratio).
The two ratios can be compared. A priori, I don’t rule out them being more or less the same. They could be. Who knows? If they were, it would point to the likelihood of the vaccines being completely ineffective. In any event, the information would be meaningful. We need it, not the rubbish we’re fed and which the media, also statistically illiterate, laps up.
This information is not made available so far as I can find. Frighteningly, maybe the powers that be don’t even know it. Or perhaps, more frighteningly still, maybe they do and they’re keeping it from us to protect their reputations and Big Pharma’s profits. I don’t know. Is it too much to ask for reliable information when people are onto to their third and fourth jabs and when the parents of five-year-olds are being cajoled into vaccinating their children with experimental drugs; with babies and infants next in line?
Listen to the astute questioning coming from the mainstream media. The silence is deafening.
I read that Israel has finally provided that data this week. It shows what many of us suspected – that the risk of serious illness after contracting COVID is greater for those with multiple vaccinations as opposed to the unvaccinated. Can’t immediately relocate the reference – others may have seen it.
Peter. Many, many thanks for your incisive analyses over many posts. Please keep up the good work for those of us that are time poor. IMHO, your posts need much wider distribution.
I’ve said a few times that when the dust settles this episode will be regarded as a worse medical disaster than thalidomide. The difference is that thalidomide was never politicized, this stinker has been.
So you now have a wicked decision whether to incur the wrath of the Left by rejecting the vaccination or risking serious harm by taking it. All for nearly no reason since Omicron is very mild.
The MSM is most emphatically the enemy of the people!
Where are all those leftists now, who only a few years ago were saying that part of the media’s task was to question governments?
Trump was goaded into producing a ‘vaccine’ by assuring the manufacturers that they would be indemnified against lawsuits for damages. They were approved for ’emergency’ use, that is, if no alternative therapies were available. None of them have ever been fully approved, and it turns out, none are particularly effective.
If that had been the case with the polio vaccine, the howls would have been deafening.
Bruce of N
So you now have a wicked decision whether to incur the wrath of the Left by rejecting the vaccination or risking serious harm by taking it. All for nearly no reason since Omicron is very mild.
Gates was at a conference a week or so ago, and made a comment about Omicron being a more effective vaccine than the ones he and the WHO have been touting around. He regarded this as a very unfortunate development!
He hasn’t got enough money already?
Evil old bastard.
Leesays:
February 22, 2022 at 8:46 pm
He regarded this as a very unfortunate development!
He hasn’t got enough money already?
Evil old bastard.
He doesn’t want more money. He wants to save Gaia, and sees population reduction as part of that process.
And in Victoria Daniel Andrews our supreme premier has decreed that taking off masks from secondary school students from this Friday is ok but not for primary school children, the least affected group from the virus. His reason apparently is that not enough of the little kids have been jabbed. The man is an ignorant or vile monster that has no care for the kids. He just wants to get jabs on the board regardless of the cost. One has to question his motives. Kickbacks?
Based on the UK statistics, the vaccinated have more than twice the infection rate of the unvaccinated. This would be due to the vaccinateds’ immune systems being programmed to counter the original spike protein, not any version mutated from that. The vaccinated have a lower death rate at the time of infection. But not for a good reason. It is because their immune system is compromised and doesn’t over-react with a cytokine storm. For the unvaccinated, the cytokine storm could be avoided with anti-inflammatories. Because of their degraded immune systems, the vaccinated will have higher rates of cancer and the like as the years pass.
Yep, Trump’s biggest failure will be the vaccines curtesy of Warp Speed. He was the useful idiot to get the never before seen and untried “vaccines” to market and he will be the one left standing with all fingers pointing at him.
He doesn’t want money, just a lot less populated planet.
CDC is refusing to publish data it has collected on booster effectiveness for 33 MILLION Americans aged 18-49 over fears it might show the vaccines as ineffective
“Anti-vaxx” Concerns Prompt Scotland’s Public Health to Hide Data of COVID-19 Hospitalizations and Deaths by Vaccine Status
For their own good, right?
Motive? Primary schoolers are much more susceptible to indoctrination.
In today’s Oz. At last, some visible fight back from those most affected by the draconian measures. Well done them and well done the Oz for printing it.
heh heh ‘Statistics for Dummies’ I like that one Peter.
It was always a simple deduction for this old dude….
…. are the grave diggers, or any of those that offer last rights, ever been asking for overtime money.
Just the total given population of any Nation divided by the actual figures of those dying today, compared to historical numbers produced from yesterday are enough to give one an accurate picture of the exact degree of bull shit.
Some Nations, according to the world barometer, have a declining death rate. I should imagine its due to washing and wringing of hands
Ps
I am in my eighties.
As to the grave diggers and the last rights…. I never felt the need to pre-book a slot so as to avoid the push.
Yet midterm of this bullshit virus I spent eighteen days in hospital with sever pneumonia.
I am also non-vaccinated.
Someone with some honest inside information should run some comparable stats, I know of a lot of unhealthy oldies that are out side of the systems clutches that would tell them where to stick their jabs
Could this be due to the vaccines affecting natural immunity:
https://www.abc.net.au/news/2022-02-22/varicella-defies-covid-restrictions/100850390?
Young children learning basic hygiene while being subjected to experimental drugs?
Good to know:
At least we’ve dispensed with “the Queen was injected with saline” trope.
The vaxxes don’t work, so the meaning of the word changes to suit this particular disease.
The boosters don’t work, because they are the original vaxxes that didn’t work. No amount of jabbing and re-jabbing is going to work.
So, rather than admit defeat, the narrative changes again and stats are mangled to make the boosters look as if they have a benefit, however vanishing small.
Meanwhile the virus continues to mutate into less deadly forms. The money-churn window is rapidly closing so the vaxxes become efficacious against the new strain, which has had time to mutate yet again. An eternal game of catch-up.
It will take a war to stop it. Wait! Look over there!
Great article, Peter. I had followed the Scottish statistics until they pulled their absurd excuse not to publish. NSW now the same if I read correctly. Why can’t anyone admit the vaccines are a total flop? There is world wide evidence of deaths and injuries from the jab, yet all MSM follow the same mantra and people are still being blackmailed into the vaccinations even though they all know they don’t work.
Interesting to note the revisionism starting. Morning TV is always a good measure & this morning celebrity medical commentator is cautiously suggesting that vaccinating if children should be personal decision, that masks not necessarily recommended and so on.
The remarkable article in The Oz this morning (with excerpts in previous post) which demolishes previously held positions & beliefs re the virus will no doubt be criticised as its authors are from the marketplace. Nonetheless it will introduce readers to previously forbidden knowledge – such as The Great Barrington Declaration signed by 60,000 scientists and physicians as early as October 202o advising caution in the prescriptive measures being rolled out.
If the best they can claim for the ‘vaccines’ is that they reduce the severity of COVID once you do get it, then I will stick to my own preferred ‘vaccines’, Ivermectin, Zinc, Vitamin D and Panadol.
PS: I can now report that, against all odds, it looks like I will be in the 99.8% who survive Covid, this being Day 14 of my struggle against my positive PCR.
I had a slight sore throat for a day at the start, and nothing since – personally I think it was well worth 2 years of pain, loss of my career, months of travel restrictions and a week in jail to avoid that ……….. oh wait ……
I wouldn’t be the least bit surprised if that’s what killed her husband.
In any case, it now seems to be well established that there are different batches, some far more toxic than others which, in itself, is criminal. It cannot be accidental.
calli says:
February 23, 2022 at 7:03 am
At least we’ve dispensed with “the Queen was injected with saline” trope.
If HM survives her bout then it’s over. Nothing says there’s no danger if an almost 96 year old can get over it.
Check out howbadismybatch.com to have a look at the various strains of the “vaccine”. Non of our CHO’s have ever read this obviously, along with our “journalists”.
“His reason apparently is that not enough of the little kids have been jabbed.”
This is typical “capture” – the goal has morphed from saving lives to ensuring everyone has been vaxed.
In much the same way the Climate Change “treatments” have morphed from preventing damaging anthopogenic climate change to reducing anthropogenic CO2.
In both cases, once “experts” have declared what the “basic issue” is (CO2, not being vaxed), that “basic issue” is chased instead of the original goal. The original goal for both of these was and is laudable. The moved goal in and of itself is not.
And the reason for the shifted goal in both cases (as well as many others, such as “the fight against poverty”) is that the original goal is somewhat amorphous, difficult to quantify and hard to determine if we are making progress, while the shifted goal is easy to understand, easy to legislate and regulate and so on.
Can’t see the forest for the trees, as it were.
This is in large part, IMO, because politicians “want to know the details” rather than doing as someone like Trump would – keep the main goal/problem in good sight figure out suitable metric for success/failure, then delegate responsibility for meeting the goal/solving the problem to others. With no-one overseeing at the top, and everyone focused on minutia, it all goes horribly and predictably wrong. And here we are…
I believe most of the vaxxed are now so invested in the idea that they have made the right decision for themselves and everyone else that they are unwilling to critically review their position. They don’t want to know any detail behind the MSM statistics for fear of looking foolish and/or duped.
In a major newspaper recently I read an article that a tripple vaxxed couple and caught covid and survived. Someone commented that they probably would have died without the vaxx. This comment was accepted. I responded it was the last great hope of the vaxxed and my comment was rejected.
I continue to see people walking alone outside, in the middle of summer with no one else in sight, wearing a mask. I can only assume they are virtue signaling as statistically they have zero chance of catching or infecting anyone in this scenario.
‘Stroke’ is 11,361% more likely to be suffered as an Adverse Reaction to the Covid-19 Vaccines than the Flu Vaccines per Number of Doses administered
Bollux, thank you for the howbadismybatch.com link. Reams of information on vaccine reactions. Just read the details of death of young people towards the end of this link. Heartbreaking.
“Heartbreaking.”
No – not heartbreaking, criminal. Or perhaps, disgusting.
With hundreds of millions of doses administered, and millions of “bad reactions”, how is it that we do not have any DNA screening test to determine who is most at risk of severe adverse reactions?
With the risk from the disease to those under 30 (perhaps even as high as 50!) being negligible, how is it that we are – explicitly or implicitly – mandating a vax for all and sundry?
Funny, innit? Not “ha ha”funny , but peculiar funny. Some of the same people who scream for mandatory vaxes will scream their pro-abortion “My body, my life, my choice!” mantra, completely unable to “join the dots” and thereby realise this is the same line anti-mandaters use.
Yuri Bezmekov is correct – these people are so far down the rabbit hole, so far from Kansas, that they are proof against facts and data. They will only see the truth when the authoritarians are crushing their private parts, and even then proclaim that they “didn’t know”, “couldn’t know”, and that it’s “not their fault”.
“They lie. We know they lie. They know that we know that they lie. We know that they know that we know they lie. And still they lie.” This is unsustainable. Disaster of one form or another is coming – at worst case, WW3 may start as a political distraction, then spiral into major conflict. I hope I’m wrong, I really do. I don’t want it to happen. But it seems almost inevitable to anyone paying attention. If that comes at the same time as some sort of medical disaster due to ridiculous forced vaxes, we are well and truly fucked. “I told you so” won’t help us them.
If these doses worked then you would only need one jab. I had the Polio vaccine when I was a 7 year old boy in England and I have never needed a follow up jab and I have never had Polio. That goes for Smallpox and the many other vaccines that I have had over my 69 years to date. I know of two couples and one Cafe Owner who have had the virus. All 5 had had at least 2 jabs. Why the need for a booster or two or three or four or more? Obviously the first 2 doses do not work.
I have not been jabbed and have no intention of ever doing so. I have not had the virus (not that I know of anyway). The last time I had the Flu was in 1972 (I do not have the flu jab) and I rarely get a cold (maybe a sniffle or two). IMHO my immune system is top notch and does not need to be compromised so that some Big Pharma Company can make shed loads of money.
The last 2 years have just been a Scamdemic and hopefully this Madness will be over very soon………………………………..
Peter totally correct
Son, Daughter-in-law, 3 Grankids in Europe all triple jabbed, 2 Girls Covid Positive last week, Son, Wife, and Eldest Grandson tested Covid positive Tues, to quote son “grandson and I knocked out basically yesterday, fevers and in bed not mild for us” – followed by this morning ” still very tired, I had fevers last night and today, sore throat, dry cough and bad headaches from congestion – mostly sleeping”
Peter,
Posted on jonova blog, no 2 grandson 16yrs, 2 Pfizer Doses had medical report for future career saying heart irregularity, saw Cardiologist who said would write saying ok for career – daughter (very pro vaccine) – due to my caustic comment re Pfizer and US navy marines surgeons appearance before Senate committee on large increase myocarditis in fighter pilots after Pfizer, asked should Grandson get booster Pfizer next week – Definitely was the reply
Though I’m sympathetic to the millions already killed by the jabs, and to the hundreds of millions thus far harmed prior to being killed, I’m still kinda wondering why anyone would go along with the scam in the first place. Why are they marching off the cliff?
Yeah, there’s been bullying and threats and coercion for the past year as the gene-jabs have been rolled out. Sure they’ve dug up lotsa liars and spivs and immoral unethical shysters to push the clot-shots, but geez…aren’t these dopes’ lives….and their kids’ lives…. worth more than a new car and a beer at the pub? Seems NOT!
And here we are with the narrative collapsing, and we few…we happy few who stood on the field of battle uncowed, unflinching, undaunted….the only purebloods left, to inherit the earth….. A tough gig, but someone’s gotta do it, eh?
BTW: There are those still abed in Oz who will rue that they were not with us on this day. They will think themselves acursed who were not here with us. And hold their manhoods cheap! (and chick-hoods too) The fewer we be, the greater OUR share of the honour.
And that’s all I’ve got to say about that, Catsters!
If a male’s immunity system is deficient and he has acquired this syndrome from having the injection and he is dying from it, how does he convince his family and other interested parties that he is not and has never been a, you know, batter for the opposition?
Asking for all the vaxxies on here.
Miss Anthropist (3.50pm). Exactly, And what I referred to at 3.11pm: “and hold their manhoods cheap”….How true it is with these VAXEES! Do ANY of them have such a thing AT ALL?
The gene-jabbed can have no honour. They are not heroic figures like Novak Djokovic, nor like we happy few who stood firm. As I always say to the young’uns: “If you can keep your head when all about you, Are losing theirs and blaming it on you…. If you can bear to hear the truth you’ve spoken, Twisted by knaves to make a trap for fools….. Yours is the Earth and everything that’s in it, And—which is more—you’ll be a Man, my son!”
Yes indeed: Modesty is a virtue!
Although no doubt there will be vindication in standing pretty much alone on the battlefield, as Mantarey says, there is no joy in it for me. My family are still in harm’s way, having succumbed to vaccination for various reasons.
They do not scoff at the decision of my husband and I not to be vaccinated. Indeed, we have an unspoken truce not to “mention the war”. We have all made our decisions & have to live with it. But it is the grandchildren who I grieve for – not knowing what the future holds for them.
The same go for almost all of my friends. A couple have ventured to enter the debate, but the majority know that we have not decided on a whim & know that I have facts “at the ready” that may make them lose sleep. Best not addressed.
But I will grieve for them all if the worst eventuates.
Mantaray, enough of the pureblood myth already. There are hundreds of thousands of people who took the damned jab to keep their jobs knowing that it’s both dangerous and bloody useless. These people are not without bravery, they took the accursed thing knowing its danger so that they could feed and house their families.
The vaxxed and the unvaxxed have to stand together to defeat this tyranny, it’s not going to be defeated by the unvaxxed alone, so crowing about your unvaxxed status and just be grateful that your life’s circumstances are such that you escaped this net.
so STOP crowing
Indeed
Experts Blast CDC for Failing to Publish Critical Covid-Related Data It Collected
(By someone other than the CDC and Fauchi’s puppets that is)
As some of us here commented more than a year ago already, the ‘vaccines’ are worse than useless.
In fact, it is now clear that there is less than zero benefit in getting injected for any demographic. The long-term effects are of course entirely unknown, but I am rather sceptical that they turn out to be any better than the short-term ones.
Regarding the article in The Australian reference above, I would just add that all masks useless; whether cloth ones or N95 ones. They are useless not only for the general public, but even for specialist medical professionals, in hospital environments. We have known this for literally decades.
I would recommend to anyone interested to visit Iam Miller’s Unmasked site. While many articles there are paywalled, the free ones give plenty of proof of just how bad the masks/vaccines mandates have been. Note that his data is all based on official government statistics. The linked one, showing multiple charts of Canadian provinces’ Covid stats, should be in every newspaper. (Yeah, I know – a good joke, right?)
@kneel:
Mate, world war 3 is already here.
It is the governments waging it against their own people.
Just look at the Trudeau government in Canada, or the Ardern one in NZ, or any state premier in Australia.
Laws do not apply to them, obviously.
It does not matter whether they are Labor, Liberal or whatever; same difference.
Beatings will continue until morale improves.
Or rather, until we live under a Chinese-style social credit system,complete with digital IDs and programmable currency.
And it is clear most people are entirely OK with that.
As long as we have free bread in circuses, comrades, all is well.
.
Which is why they never will be…
Indeed, the deployment of our own military against the people (paired street patrols, house checks of the ‘isolating’, guard duties at ‘medi hotels’) showed us who the government regards as the enemy. I resigned my 20 year commission over it.
There’s a reason for this.
Majiid inadvertently implied why on his Joe Rogan podcast.
He talked about government programmable digital currency as being governments trying to retain power over money in the face of crypto currency.
This also implies that media align with governments in the face of losing control over information, hence the accusation of misinformation of any information that doesn’t come from them.
If anything, covid is a pretext for control infrastructure such as check-in tech, which of course remains for whatever comes next.
MSM and government are both at risk of losing control, which makes them brothers-in-arms.
And only a fool believes either.
It has long been my considered opinion, as an ex-finance professional at that, that the global move in the 1970s to unbacked fiat currencies has been the main reason for the mess we are now in.
You see, even though today’s taxes are at levels any medieval king could never even have dreamt of introducing, it is the uninhibited inflation of the currency, the ‘printing’, which has allowed the theft of private wealth to ascend to truly mind-boggling heights.
This then led to the unchecked growth of the credentialled, yet by most accounts utterly useless ‘expert class’ and the cancer-like increase in the size of the government overall.
As with any cancer, it will grow till it kills the host.
This is the time for us to choose:
Either a very radical, and inevitably very painful, surgery and chemotherapy treatment, or we had better start bying the funeral bonds.
The sheeple will no doubt rejoice in buying the bonds, because they are asset-test exempt (up to a limit) and therefore can help increase one’s Centrelink benefits before needing to use them to pay for the funeral.
As far as crypto is concerned, some of you may have noticed that the governments everywhere, having realised they cannot ban it, are now busily working on how best to tax it and how to control it via the entry/exit ramps – i.e. buying and selling with/for fiat dollars.
The solution to this can be found in the same way as to many other present-day problems: We need to create parallel communities, where we can effectively use crypto directly, and where we can therefore trade with each other outside of the government-imposed systems.
Not easy to achieve by any means, but see above regarding the choices we have.
Indeed … Buy n hide
It looks like the US VAERS Database is experiencing an uptick in vaccine injury reports despite the peak rate of vaccinations having passed months ago.
Could be that boosters provoke a more severe reaction than the first two shots, due to the immune system already primed.
More likely is that the brick wall around getting a listing into VAERS is being breached. Up to now, doctors couldn’t risk having an entry in their name for fear of being ostracised. They fought patients tooth and nail against getting a VAERS report. Safety in numbers for the medicos now, since adverse effects are admitted by the CDC.
Now the truth is acknowledged, the floodgates will open and the true horror of this catastrophe will emerge.
I’ve a cat in a bad way. Animals are however better protected by the AVPMA than human are by the TGA. The information leaflet accompanying the anti-inflammatory liquid reads under the “DIRECTIONS FOR USE- contraindications”:
“This product is contraindicated for use in pregnant or lactating animals as no data has been established….cats less than six weeks of age…guinea pigs…”
“Is it too much to ask for reliable information …”
You’d have to think they are trashing their own reps on purpose. Perhaps so those with the power can just issue their edicts and no-one can gainsay them.
Hard to think of any other reason…
John Bayley says:
February 23, 2022 at 8:59 pm
… trying to retain power over money in the face of crypto currency.
To this old dude the likes of crypto currency is nothing new….. but apart from trust I still remain unsure as to how security is arranged.
To my mind a Cheque account; as within the current banking system allows for one to create the desired amount of credit as one desires…. the security not being claimed until the cheque is finally endorsed.
That cheque could be proffered in the market for exchange of goods ad finitum and hence could procure/acquire an infinite value; purely on the trust that the value exists.
I do not see how a crypto currency has any less value then a cheque ….
Someone here with a greater experience with fiat currency may be able to satisfactorily explain it for me.
If they can not, than it means that trust is the ultimate value of exchange.
It is this latter factor that has this old dude saving up sea shells and such like, anticipating a future demand that will assist with the demand and exchange for groceries
“…I still remain unsure as to how security is arranged.”\
OK, a little long winded, and not particular technical explanation follows.
Firstly, encryption.
All encryption needs an algorithm (how we do it) and a key (the “secret”).
In a traditional encryption (say, as when you were a kid, “adding” some number to each letter, so that a becomes b etc), there is a single key (in the above example of a becomes b etc, this would be a number between 1 and 25) and two algorithms: encrypt (add key…) and decrypt (subtract key…).
In public key cryptography, we reverse this and have a single algorithm, but two keys – these keys symmetricly decrypt the encryption of the other.
This makes two significant differences: 1) if one key is “secret” and one is “public”, then you and I can both have such a pair and we only need share the public key. So we don’t need a secure way to “share” our “secret”. 2) because it is symmetrical, not only can anyone encrypt with my public key such that only I can decrypt it, but also I can encrypt with my private key and anyone can decrypt it, thus “proving” my identity.
Now, the symmetry is because the algorithm uses the product of the two keys in the en/decrypt process, and the security arises because finding the factors (possible keys) of a large number is extremely computationally expensive – it increases as n squared, so a number three times as big takes 9 times longer to factorise, a number 10 times as big takes 100 times longer to factorise and so on. This rapidly becomes an untennable computation to attempt. For example, a 32 bit number goes from 0 to about 4 billion, while a 64 bit number goes from 0 to about 16 billion billion. And so a 2048 bit number is freaking HUGE, while an 8192 bit number makes the 2048 bit number look small.
The end result is that crypto uses (amongst other things) ability to “sign” a transaction, such that anyone can verify it as the basis for it’s security. Together with a “distributed ledger”, where each such verified transaction can be hosted at many places and each one can be verified independently, means something like bitcoin can be almost impossible to “cheat” – at least at the ledger level (you can still get scammed in some way or another of course). And because of that, you do not need someone you trust (like a bank) to verify a transaction – such transactions can be verified by anyone.
The issue with a “Reserve Bank” issued crypto, amongst other things, is that they centralise the ledger, giving them full control over what is an “allowed” transaction and what is not – they can prevent the transaction based on source or destination, so “not from you” or “not to me”.
I just found out that the big money in German Health Care is in Surgery and ICU.
I wonder if the big euros would tend to skew their numbers of people in ICU with the dreaded Cathay Lergie?
Kneel says:
February 24, 2022 at 12:25 pm
OK, a little long winded, and not particular technical explanation follows.
Yep…. Thank you Kneel; I can follow that up to the point where it gets to a ledger. It is the…. what shall we say, ownership of the ledger that sticks in my craw. The possibility of the numbers being duplicated (Crypto) is not really at question.
But! Whom ever has the ability to surreptitiously access, not necessarily hack the ledger, would possess the ability to break the trust. … Yes.
As to the reserve Bank, or for that matter any other duly authorised positions of trust and faith…. (see Canada at this time) then I think I will abide by most others of these times, the transactions of Gold/silver or perhaps even those sea shells I mentioned earlier, is where I’m hedging my future groceries are more likely to eventuate from.
” It is the…. what shall we say, ownership of the ledger that sticks in my craw.”
Bitcoin has a distributed ledger – “peers” replicate the ledger between themselves (of course, they validate each entry). There is no “central” point in such an arrangement – each peer (after allowing sufficient time for a transaction to “propagate”) will agree with every other peer on the entire transaction list. You are not limited in which peer(s) you consult on the validity of any transaction.
This works in a similar way to the domain name system – names are registered with a specific provider, but the entire database has no central point, simply a number of cooperating peers exchanging a “definitive” list of names and who owns them. So such technology is not new and is in a “matured” state.
Bitcoin ledger peers are in many places – the USA, UK, Russia, Argentina etc etc. This is what makes Bitcoin in particular so hard to “stop” and why no-one has “control” over the Bitcoin ledger. It’s also one of the reasons Bitcoin is seen as a store of value more akin to precious metals than any fiat currency.
Other coins also have distributed ledgers, while still others have centralised ones.
The reason why there are so many replications of the ledger in Bitcoin is that the “tokens” (cryptographic “signatures”) that are a bitcoin are an incomplete set of all the possible tokens, and so people “mine” bitcoin, looking for “unused” and “unfound” tokens. Having a ledger surely helps in this regard. The “mining” of course gets more and more difficult as time goes on, as there are less “free” bitcoins to be had. But the flip side is the price of a bitcoin – if you spend $40k to mine and “score” one bitcoin valued at $50k, you’re ahead, right? So such mining continues.
“This works in a similar way to the domain name system…”
Well, not .au names, but certainly .com, .net, .biz etc names are like this.
How then, can transactions be kept confidential? Does the blockchain mean anyone can find a transaction?