consultants are sandburs

Monday, November 30, 2015

Is this one worth a thousand words. Or only "Birds of a feather ..."?

Sometime, a new concept for some, think radio.

Do you suppose Bachmann's Iowa campaign's under the table payments to the Sorenson fellow was in galtcoins, or would you bet real money?

__________FURTHER UPDATE_________
Unlike many, I read the 1789 pages of Atlas Shrgged. Nary a word there of any talk spieler being in, or invited into, Galt Gulch. Yet I remember childhood where with roller skates on, grabbing onto an auto to try to get a helpful tug. I remember too Ayn Rand putting Galt Gulch on the gold standard in her musings, not on fantasy coins of any dubious creation.

One wonders how far in the book Jason Lewis got.

But he went

[...] a members-only network of makers inspired by “Galt’s Gulch” from Ayn Rand’s classic novel “Atlas Shrugged”. Members are part of a virtual economy that uses Galtcoins to invest in causes. Unlike social networks that gather around frivolous interactions between members, members collaborate around serious issues concerning our country, politics and government. Members who contribute to the community earn Galtcoins through dividends, voting and updates. launched on May 15, 2014 and has already become the most engaging network anywhere on the internet. Our members are more active and dig deeper than any other network in the world, period. The economy has already grown to over 1.1 billion Galtcoins and 6.4 million shares owned. What was originally intended as a small but powerful community has already grown to over 4 thousand Members and continues to see accelerated growth every day. [...]

While we still consider to be in BETA, we are taking steps to help the community grow by accepting new members without losing sight of our commitment to quality over quantity when it comes to our members. started out as a Crowdfunding effort with the goal of raising $250K to begin development of the vision. The goal was surpassed the next day and eventually brought in pledges of over $700K and was one of the most successful Crowdfunding campaigns in history. This accomplishment is even more amazing when you consider that it was done independently, without the benefit of an established crowdfunding network.

[italics added]. "... a network of makers ...". What have Jason Lewis, or Michele Bachmann, made? Ever? Besides discord? And if seven hundred grand of hard money actually was taken in by the "network," how much of it, if audited and publicly reported, would have ended up with Jason Lewis?

A hypothetical, surely, since we should not expect any reliable public accounting of funds. Dollars, that is. Not galtcoins. Another hypothetical, would any of Ayn Rand's Galt Gulch movers and shakers have taken to a virtual economy of galt coins and crowdfunding, or would they not have had time for foolishness?

No comments: