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Weave your Independence

You wish to be independent of the lunatics in power at every level in every country on this planet.

Discover Liberty

The single greatest restriction on the power of government in the constitution of the United States of America was the stipulation that only Gold and Silver are money.

Durable Freedom

Mahatma Gandhi won independence for India without firing a single shot. His secret was economic independence.

Awakening from Homelessness

The people of the Global Isles have been induced via fraud to give up their only real defence against tyranny - lawful money.

What is Freedom?

Freedom is the right of an individual to conduct himself according to the common law.

What is the Law?

Thou shall not cause harm or loss to another is the essence of the law.

What is not Law?

Statutes are not law.  Law is determined in a common law court of record. Statutes are power that flows from the barrel of a gun.
 
Gandhi

Mahatma Gandhi wove independence for India by breaking the British economic enslavement by the cotton trade.

The Slave Masters of our Time

The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an enemy to all banks discounting bills or notes for anything but Coin. If the American People ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered. — Thomas Jefferson.

The Black Magic of the Tyrant

Converting property into non-property and non-property into property is the spell of the tyrant.

The Top Crimes Against Humanity

  1. Looting of all the people's gold by fraud and war.
  2. Enslavement of the people by the identity state.

Reversing the Spell

So what is the spell? Simply put, all physical property, including your children, has been registered, that is, given to the State as its chattel property, which it then gives you the right to use for a fee (taxes). This fee is used to power a protection racket where non-property, that is, ideas, have been given the pretence of being property.
Inventors are forced by the patent system to describe their secrets in detail. Try patenting something of value to the State - such as a geo-physical weapon - it immediately becomes a National Secret. The remainder of ideas are rented back to you by a State granted monopoly (communism, no competition) so long as you fight your battles for profit and pay their protection money.
Reversing the spell is keeping your stuff, as your stuff, and trading your stuff with others of similar mind - in private. Waiting for the  government to protect you is expecting the fox to guard the hen house.
The history of the last century is the tragic history of terror by government regulation. Ask those Jews that marched to concentration camps, the Japanese at Hiroshima, the millions in the Gulags and city sized prisons, &c.

Economic Independence

Economic independence of the individual is the basis for economic independence of a society. Even a communist dictatorship like the former USSR  had to pretend to pay its people so that they could purchase their necessities. In other words, "the worker" had to make his own decisions on how to spend the fruits of his productivity, even if his housing and other things that could be grabbed by the State had already been grabbed by the State.

The path to independence and freedom

When every individual is rooted in self-awareness of her inherent powers and liberties, is secure in her ownership of herself and her possessions, knows the extent of her freedom, the self imposed limits of lawful action, is skillful in the use of language, knows how to hold court, and she is free from economic fallacies, she will have a philosophy capable of withstanding the rigorous of the upcoming world reconstruction.

Practical matters - production and trade

There is no necessity of government mandated legal plunder, that is, legal tender to produce goods and services. Nor is legal tender necessary to establish a free market in risk, and a real money predictive market that cannot be entrapped.
With the advent of the computer, any good can used as a money. For example, a specific model of car such as a BMW 323 could be traded on a market where the manufacturer could issue 100,000 units that represent one car. This amounts to a futures contract with no specified date and deliverable as one BMW 323 at any dealer with stock. The manufacturer could guage demand, finance his production and deliver product without the necessity of any loan. As many people would want such a car, the unit would be widely traded, hold value, and so function as a currency. A real time currency market in such real wealth would put the tyrants out of business.

Loom - the concept: Trading without the enemy

Loom is a system which enables people to create, move, and trade assets however they like.
How

The Loom system creates a virtual space where 2128 kinds of assets can move in 2128 locations... allowing you to hide the assets you care about in a nook of the universe – a giant combination lock crossed with a general purpose accounting abacus.

What is an Asset?

In the real world, an asset is a thing which has value to human beings. Typically assets are commodities which can be produced, measured, and traded in various quantities. Some examples are bushels of wheat, pounds of coffee, pounds of copper, grams of gold, or kilowatt-hours of electricity. An asset can also be totally unique, such as a specific house, piece of land, or work of art.
In Loom, a specific type of asset in the real world is represented by a unique and distinct identifier, also known as an ID. For example, the asset ID a11590550d42888981be659b0451dba2 might represent bushels of wheat stored in silos managed by a reputable storage company, available for delivery on demand. The asset ID 5690a4d3a527ff18d3c168884e8a2d63 might represent kilowatt-hours of electricity produced by a specific power company. The asset ID 2fcb2b81bb96bb51cec88edcb4b9a480 might represent shares of ownership in that power company.
The Loom system itself knows absolutely nothing about the meaning of assets issued within it. All "meaning" is held solely in the minds of users. Loom is merely a utility which provides a standardized service in a very reliable way, like phone service. Loom is a provider of "economic dial-tone."
Any Loom user can create a new asset type and ascribe any desired meaning to it. That user can then issue new units of the asset type into existence. But that doesn't give the issuer a free lunch. Other Loom users will value that asset only if they can trade it reliably for something valuable in the real world, or for another valuable Loom asset. This kind of value cannot be created out of thin air. It is built on reputation, integrity, reliability, productivity, and service.Probably most users will deal only in asset types created by other trusted issuers, and will not bother creating new asset types of their own.

How do you transfer assets in Loom?

In the real world, assets have locations in the physical universe. The assets just sit there until someone moves them somewhere else. Same kind of thing in Loom. Digital assets reside at digital "locations," which are also IDs such as f6aae7c01c41ee8684192a15ec7919ba. If you know the location of some assets, then you can move them to another location.
So what does it mean to "own" assets in Loom? Simple: if you are the only individual in the universe who knows the location of some assets, then you own those assets. Owning assets means having the exclusive power to control them. Nothing more, nothing less.
So how does one "give" or "transfer" assets to someone else in Loom? It's two steps. First you move the assets from a secret location which only you know, to a shared location which both you and the recipient know. Then the recipient moves the assets from the shared location to his or her own secret location. Now the recipient owns the assets, and you don't.
This is similar to how you spend cash in a retail store. It's two steps. First you move the cash from your wallet to the counter top. Then the cashier moves the cash from the counter top into the cash register.
In this analogy your wallet is your "secret location," the counter top is the "shared location," and the cash register is the cashier's "secret location." And here the word "secret" just means a place which only one individual physically controls, barring force.

How do I sign up?

Entry into the Loom system is by invitation only. You must first find someone who already uses Loom to sponsor you by sending you an invitation. Only then can you sign up. Rayservers GmbH, the prime dealer of the GSF System, for example, invites verified clients who can in turn invite others.

What can I do after signing up?

After you sign up, your will have a new folder will have the title "My New Folder". Feel free to rename that however you like. For example if your name is Bob you might call it "Bob" or "Bob's Petty Cash Folder".
You will also notice one other contact in your list called "My Sponsor". That is the name assigned to the invitation location which your sponsor sent you. You and your sponsor share that common location, which means you can move assets back and forth to each other through there. To help you remember with whom you share that location, you might want to rename it. For example if your sponsor's name is Alice you might call it "Alice".

Why do you call it a Folder?

Loom does not have accounts. It behaves like cash. So a folder is like a Manila folder in the real world: it is simply a place to store some information. A Loom folder stores the set of asset types which you recognize and value, and a set of contact points where you can move assets back and forth to other users. It also optionally stores a history of your transactions which only you can see. You can disable history altogether if you like, or delete old history entries at will. You can add and edit memos on history entries, a feature which comes in handy as a simple note-taking device. Think of history as an informal "rear view mirror" of recent actions. It is not a permanent record or formal audit trail. It is merely a glorified notes feature.

Why do I log in with only a passphrase? Don't I have to enter a user name?

No. There are no user names. Loom does not know anything about personal identity. Loom is nothing more than a giant digital space with assets and folders laying around in various places. Your folder passphrase is simply a location in this giant space, somewhat like a latitude and longitude on the surface of the earth. There is no "who" in Loom, only "what" and "where."
So when you type in a passphrase, you're just travelling to that location to visit that particular folder. You can create multiple folders if you like and use them for different purposes. For security purposes, some people keep one "petty cash" folder for every day use with fairly low balances, and another "vault" folder for less frequent use with high balances.

How do I invite someone else into Loom?

If you are already a Loom user, it is very easy to invite someone else into the system:

  • Log in.
  • Click Contacts, then Invite.
  • Enter a name for the new contact.
  • Press Save.
  • Copy and paste the new contact ID into a secure email or chat and send it to the invitee.

When you do this you will see a little checkbox labeled:
This is a brand new user, so include 100 usage tokens to enable Sign Up

It is automatically checked for you. That is good. Leave it checked. Sign-ups are not free. The Loom system charges usage tokens any time you store information on the server. Those 100 usage tokens are the price you, the sponsor, must pay to enable the invitee to create a new folder.

How do I add an asset type to my folder?

Keep in mind that if you want to deal in a particular asset type, you must first add it to your folder. Until you do that, your folder will not recognize the asset. Even if someone tries to pay you some of that asset at a shared location, you will not even see it until you first add the asset type to your folder. Only then will you see the assets of that type, and then you can click them to claim them as your own.
Some people think this is an inconvenience but it is actually a good thing. First, it prevents strangers from spamming you with all sorts of dodgy new assets that they make up. So if you're interested in an asset type, you must copy and paste its asset description into your folder from an authoritative source. Second, there's really no alternative. Loom has no idea what asset types you might find useful or valuable. You have to add them yourself.
This is the price you pay for using a wide-open system like Loom. Loom does not vouch for any asset types, and it does not build any asset types into your folder automatically because it thinks they are special. Accepting new asset types is entirely your responsibility.
So here is how you add an asset type to your folder:

  • Log in.
  • Click Assets, then Accept.
  • Paste in the asset description.
  • Press Save.

Simple right? But now you're probably asking ...

What is an asset description and where do I get them?

The first part of the question is easy. Here is a sample asset description for a hypothetical asset called "Flower Petals" which you might use at a particular flower shop:

0f8fccf7c65e42d422c37ea222e700d5x2x2x466c6f77657220506574616c73x52c0dc51

You can simply double-click that text, then copy and paste it into your folder. Now you can send and receive "Flower Petals".
Now for the second part of the question. Where did you get that asset description? The general answer is: from an authoritative source. For example, that particular flower store probably has a web site showing the asset description right there, along with all the terms of use. That is an example of an authoritative source.
But what if your friend sent you that asset description, and you trust your friend very much? Well, maybe that's OK, but you should still go to the flower store's web site and grab it from there. Stick with this practice, because it will prevent you from doing silly things like accepting counterfeit asset types from strangers trying to con you. The nice thing is, once you add the real asset type and even buy some flowers with it, you'll know you have the real thing once and for all.

How do I send assets to a contact?

  • Log in.
  • Enter the quantity.
  • Choose the asset type from the drop-down list.
  • Choose the contact from the drop-down list.
  • Press Pay.

How do I claim assets which one of my contacts sent to me?

  • Log in.
  • You will see the assets sitting under that contact's name under "Assets in Transit".
  • Click the asset type name in blue, to the right of the quantity. The assets will move up into your personal stash.

Do you have an API for software developers?

Yes, the entire Loom system, including the Folder interface itself, is built on top of a very solid and highly tested API (Application Programming Interface). In fact, the API was developed first, and then the user interface is written on top of that API. You can write your own user interface if you like, or even run my interface on your own machine and modify it.

There are two APIs, one for the Grid which is the space where assets reside and move around, and another for the Archive where arbitrary pieces of text (such as folders) can be stored. The documentation for these APIs, along with interactive tutorials, can be found here:

Can I download or view the Loom source code?

Yes. I maintain the Loom source code at http://github.com/chkoreff/Loom. You can download or view it there. (Hint: to see a history of changes there, click "history" on the right side above the directory list.)

Are there assets issued by GSF System members?

Loom assets that represent gold Globals and silver Isles are issued via the prime dealer, Rayservers GmbH and available to the marketplace. Any other GSF member or even non-GSF member can adopt the Global Standard and issue assets denominated in gold Globals or silver Isles such as bonds, shares, insurance policies, oil contracts and so on. Rayservers GmbH maintains a list of trusted assets issued for the Global Settlement Foundation.

Conclusions regarding Loom Technology

The sheer elegance and simplicity of Loom will ensure that it is widely used for settlement. For example, a network router can issue bandwidth credits on its own node and trade it for other assets on other nodes. This will allow economically viable self-extending wireless mesh networks to emerge. Loom is ideal for bandwidth settlement at internet peering points. Off-the-grid, disconnected Automatic Teller Machines (ATMs) that dispense gold Globals and silver Isles can be developed using Loom technology.


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