It's Thursday and I'm back, guys.
It's been long time, but here I'm again :)
This post theme was getting ripe in my head for long time. Something like since 2014.
Recently I got some data to put together the stepping stones for turning my mere suspicion into more of a grounded conclusion.
The problem was that it was also growing in width and depth with time, so here you are a momentary snapshot or sketch-map of it, which I intend to elaborate further on.
I'll start with shooting two slogan-missiles which constitute super-compression of lotsa research and which will be revisited soon in separate series of articles.
Trust is Force
''you trust 'em only as much as you can make 'em to...''
Money is Mnemonics
yes, precisely THIS is the core essence and function of ANY monetary system - (even the primordial barter one with its naturally emerging special tokens ,  to mitigate its intrinsic exponential wall  of unscalabiliuty , ) - to account or remember human activity. That is, money is always work to prove work. Basically we need to remember due to impossibility of simultaneity of transactions.
Which I already went over ... and, I beg your pardon. Three, not two slogans. The third one is:
Law is Between, Code is Within
Will explain later what I mean  and how it ties up with the former two. In a nutshell is about the enforceability as essential characteristic of all law and now will just hint that the reason why Force (coercion) is deemed to be fundamentally non-decentralizable is the Pauli exclusion principle  which is kinda ''location conservation law'' .
You already know ,  my taste for epystemological 'archaeology', that's why I think it is better to carry the story on in chronological order.
Back in 2014 I stumbled upon series of extremely astute and deep thought articles , , , ,  on the cost of several well known monetary systems in comparison with Bitcoin, which just has been grown enough to become visible for unaided eye.
I remember I discovered these great articles by the obviously great Hass McCook in the wake of the MtGox ,  boom and bust aftershock, when huge anxiety about the 'wastefullness' of the Bitcoin mining was reigning the public sentiment. (It happens everytime the price nears the production cost).
The search of mine which hit those was driven by the quite legitimate question of:
''If crypto is wasteful, then how much the traditional fiat costs us, god damn it?''
Well, the comparison turned up, as I suspected, not at all in favor neither of the quite recent demetalized fractalized-centralized double-entry book-keeping debts mnemonincs of the banknotes monetary system, nor in favor of the millennia old 'heavy metal' single-entry money where the physical possession of gold/silver denotes your purchase power...
And it occured it was not at all just about costs of mining, refining, casting, ink, printing press, storage, accounting, counterfaiting countermeasures, ... but the bill to pay includes also all the social infrastructure and capital devoted on the making the system to work, and to be kept ticking ...
Essentially all which is know as ... government. All its buildings, all its sallaried humans, all their guns, pens, pensions, courts, judges and bailiffs ... everything.
All that needed in order a common Ledger to be built, maintained, broadcasted and kept. The difference between government and governance is obvious - the former is the means to an end, the later is the end. The former is the machine, the later is the function.
Here is the place to insert three other quick notions which are in the pipeline for revisiting and furnishing with separate articles.:
Firstly, Mnemonics is subject of big evolutionary/development forces just as anything else into the combinatorial explosion which the universe, nature, society is ...
You noticed above the notion of money emergence kinda coinciding with writing? The Sumerian example.
Writing is mnemonics amplifier . Just like the combustion engines are transportation boosters .
The better memory and memory sharing system we have on our disposal the better money we have.
Money is technology .
Secondly, any book-keeping - regardless whether we write by hand on cave wall or papyri, or by blade on a wooden stick, or by most sophisticated laser-quantum methods on most sophisticated multi-dimensional crystals  - is, yeah, a function of writing. We can go even further and state that illiterate verbal folklore - the only thing we got for millions of years - is form of verbal writing onto each other's short-term/long-term memories, just like photography and sound recording is.
The important thing to note here is that in the light of ''Money is Mnemonics'' spell of mine - the accountancy systems do possess cardinality of entries , , .
And it seems that the mega-trend is:
''the more entries handled = the better our money is''
Fiat one - monetary and overall - is double-entry based and relies upon import of trust, blockchain is tripple-entry and trust is built-in. Blockchain is not 'trustless' but is 'autotrophic'  in regards with trust.
The third notion turns us back on track with the main theme of this article. It is that of the mutual entropy .
The Ledger, no matter which tech it uses to be, has as purpose to define how the individual people's acivity has to be limited for the sake of collective cooperation and collaboration.
The Ledger - product of the particular kind of Mnemonics in play - literally SHAPES and MAKES the society.
As kinda Sorites  or Holon  or Mereonomic  ... generator.
NOW, which costs more? Which one is more wasteful of all the known Ledger or Mnemonic or Monetary systems known?
Literally couple of days ago I stumbled upon ''The $29 trillion cost of trust'' from 24 Jul 2018 by Sinclair Davidson, Mikayla Novak and Jason Potts , which made this long time in the making article to come out.
Now I finally have put my eyes on some numbers to juggle with.
The ecumenical  or midgardic  GDP is evaluated on roughly rounded up ~$100t p.a.
There is lots of well grounded criticism  on the ability of the present day fiat financial system to actually manage to encompass and measure it all - but lets take this conditional good round figure for the global GDP.
The total wealth of ~quarter of $Quadrillion (giving total average depriciation / consumption rate of over a third per year).
GDP evaluates the dynamic part. The work.
Almost 1/3rd of all work is devoted to account for or to prove the work!
Visualize the fiat system as a primitive, primordial, predeluvial or perecursor form of PoW .
Funny enough this ~1/3rd global proof-of-work or mnemoic or governance cost strangely coincides with the energy budget of the brain  as fraction of the total energy a human body dissipates to live.
The last two pieces of research argumentation to close the topic are.:
I'm trully impressed by the depth of these two documents. It is as big as - each sentence backed by several book volumes of profound research.
Paul Sztorc convincingly demonstrates that PoW is the most efficient protocol for decentralization or 'trustlessness'. It appears that 'PoW is the cheapest' not only among the blockspace  but also cheapest everywhere and everywhen.
Mr. Game and Watch evaluates that if in the present day 100-ish $Trills strong global economy there was nothing but Bitcoin as a form of money - the value of a single BTC would be worth millions of $.
''Banknote waste diﬀers from other types of monetary waste in that it is much harder to perceive, by virtue of the complex nature of banknote creation. In contrast, Bitcoin mining directly consumes electricity, and gold mining obviously requires engineers, machinery, armed guards and so forth. At ﬁrst glance, it seems incredible that impoverished hunter-gatherers would devote some of their precious time to the manufacture of silly beads and shells and other collectibles. And, it seems wasteful indeed, that we humans use our powerful brains primarily to obsess over what other people think of us. All of these activities are wasteful,in a narrow sense, but in a broader sense they maintain the infrastructure required to promote and sustain cooperation. These are social activities – we engage in them because we are not alone.''
Apparently monetary system which involves humans to function is unscalable. In the preTau. It is far easier and unlimited as capacity to grow our electricity and machinery resources, than to replicate humans. 
Intuitively, the lower the Cost of Trust the stronger the society, the bigger and with higher acceleration is the growth of the economy, the higher is the affluence and wealth. , , , , , .
If hypothetically the Cost of Trust is zero, the value of the economy will be infinite?
The endogenous automation of production and distribution of trust which the blockchain enables many orders of magntitude lowering of the cost of trust, compared with the present hand-driven system. (As an example - Satoshi himself posited aka 'payment channels'  and Lightning Network  and such promise hundreds of thousands of times smaller transaction costs all internal to the trusltessness environment of blockchain without to rely upon human work to prove work ...)
At the end, what has Tauchain in common with that all?
Well, lotsa things. I'm light years if not infinitely far from any generalization and systematization, but here you are an improvised list ... of questions :
Please, you continue ...
 - https://www.thoughtco.com/clay-tokens-mesopotamian-writing-171673
 - http://www.ancientpages.com/2017/07/08/intriguing-sumerian-clay-tokens-ancient-book-keeping-system-used-long-writing-appeared/
 - https://arxiv.org/abs/1703.02572
 - https://steemit.com/tauchain/@karov/scaling-is-layering
 - https://steemit.com/tauchain/@karov/tauchain-transcaling
 - http://www.behest.io/ & https://steemit.com/blockchain/@karov/behest-for-tauchain
 - https://en.wikipedia.org/wiki/Pauli_exclusion_principle
 - https://en.wikipedia.org/wiki/Conservation_law
 - https://steemit.com/bitcoin/@karov/bitcoin-retrodictions
 - https://steemit.com/blockchain/@karov/geodesic-by-tau
 - https://www.coindesk.com/microscope-true-costs-gold-production/
 - https://www.coindesk.com/microscope-real-costs-dollar/
 - https://www.coindesk.com/microscope-true-costs-banking/
 - https://www.coindesk.com/microscope-economic-environmental-costs-bitcoin-mining/
 - https://thebitcoin.pub/t/under-the-microscope-conclusions-on-the-costs-of-bitcoin/44457
 - https://en.wikipedia.org/wiki/Mt._Gox
 - https://oracletimes.com/mt-gox-bitcoin-whale-trustee-seized-selling-bitcoin-btc/
 - https://steemit.com/tauchain/@karov/tauchain-the-hanson-engine
 - https://steemit.com/tauchain/@karov/tauchain-as-szabo-booster
 - https://winklevosscapital.com/money-is-broken-but-its-future-is-not/
 - https://en.wikipedia.org/wiki/5D_optical_data_storage
 - https://en.wikipedia.org/wiki/Single-entry_bookkeeping_system
 - https://en.wikipedia.org/wiki/Double-entry_bookkeeping_system
 - https://bitcoinmagazine.com/articles/triple-entry-bookkeeping-bitcoin-1392069656/
 - https://en.wikipedia.org/wiki/Autotroph
 - https://en.wikipedia.org/wiki/Mutual_information
 - https://en.wikipedia.org/wiki/Sorites_paradox
 - https://en.wikipedia.org/wiki/Holon_(philosophy)
 - https://en.wikipedia.org/wiki/Mereology
 - https://medium.com/@cryptoeconomics/the-29-trillion-cost-of-trust-be8ffbd5788d
 - https://en.wikipedia.org/wiki/Ecumene
 - https://en.wikipedia.org/wiki/Midgard
 - https://steemit.com/tauchain/@karov/tauchain-trumps-procrustics
 - https://en.wikipedia.org/wiki/Proof-of-work_system
 - http://www.pnas.org/content/99/16/10237
 - http://www.truthcoin.info/blog/pow-cheapest/
 - https://www.scribd.com/document/354688866/Bitcoin-A-5-8-Million-Valuation-Crypto-Currency-and-A-New-Era-of-Human-Cooperation
 - http://www.truthcoin.info/blog/blockspace-demand/
 - https://steemit.com/blockchain/@karov/tau-through-the-moravec-prism
 - https://steemit.com/tauchain/@karov/masa-effect-with-tauchain
 - https://steemit.com/tauchain/@karov/tutor-ex-machina
 - https://steemit.com/tauchain/@karov/tauchain-trumps-procrustics
 - https://bitcoin.org/bitcoin.pdf
 - https://lightning.network/
 - https://steemit.com/tauchain/@karov/tauchain-in-the-algoverse
 - http://www.juliansimon.com/writings/Ultimate_Resource/ & https://orionsarm.com/fm_store/Population.pdf
 - https://en.wikipedia.org/wiki/Cybernetics & https://en.wikipedia.org/wiki/Control_theory
In a recent article of mine  I hinted my strong suspicion that scaling is itself scalable.
''Scaling is a problem. Scaling must be scalable, too. Metascale from here to Eternity.''
No matter what a terrific grower a system is - as per its own internal algorithmic growth drive rules - it seems inevitable its growth to get it into entropic mutualization  upon impact with a kind of a ... downscaler.
Scaling is everything, yeah. But it is quite intuitive and supported by too big body of evidence to ignore, that, paradoxically: the faster a thing grows - the sooner its encounter with an external and bigger downscaling factor comes.
This realization, refracted through the prism of our 'reptilian brain' layer  amplified to gargantuan proportions by our inherent social hierarchicity  is the source of the 'Malthusian  anxiety' which led to countless violent deaths over all the human history. Fear is anger , so the emotion that there is only as much to go around, and that the catastrophe of 'running out' of something is imminent, is the major source of what makes us bad to each other .
There are plethora of examples of very well mathematically and scientifically grounded doomsayer scenarios, and we must admit that they all correct as per their internal axiomatics  , and simultaneously they are all totally wrong for missing out the obvious - the factors of externalities  , the properties and opportunities of the medium which is consumed and/or created by this growth, and which transcend the axiomatics. For growth being always 'growth into'. The fact that doomsday scenarios are so compellingly consistent internally is what makes them so strong and dangerous ideological weapon of mass destruction .
Lets throw some such problem-solution couples for clarity:
a. the world of 1890es big cities sunk up knee-deep into beast of burden manure , and the super-apocalyptic projections of that VS Tony Seba's  1 pic > 1000 words of NYC carts vs cars situations in 1900 -1913 ...
b. the grim visions of the whole Mankind becoming telephone switchboard blue collar workers , the number of which should've exceeded the number of total world population by now to achieve the same level of telephonization or
c. the all librarians world  where it takes more librarians than the whole mankind to serve the social memory in the paper & printed ink storage facilities mode ...
d. the Club of Rome  as the noisiest modern bird of ill omen with 'projections' based on the same blind extrapolations as the urban seas of shit or the 'proofs' of the impossibility to connect or educate or feed all - instigating mass destruction fear that ''we run out of everything and will soon all die'' , used for justification for mass atrocities VS Julian Simon's  - the ''Ultimate Resource'' (1981, 1996) . Cf.: my accelerando article  and see what precisely is the Factory for succession of better and better Hanson drives for the last few millions of years - from the Blade and the Fire to the Tau - it is the same thing which identification made Julian Simon from fanatical Maltusianist  into rationally convinced Cornucopian  ... the human mind.
e. the predator-pray model  which this pseudo-haiku  I guess depicts best how's it brutally flawed:
''hawk eat chic -> less chic, human eat chic -> more chic''
for missing out to posit and failure to account for positive feedback loop  of predator over pray dynamics ...
f. The comment of Dary Oster  , founder of the other passion of mine - ET3 , on the aka 'saturation' of the scalables (exemplified in the field of transportation, which btw, being communication ... our social structures map onto mobility systems we have on disposal ... ).:
''... US transportation growth has focused on automobile/roads (and airline/airport) developments. (And this has been VERY good for the US economy.) The reason is that cars/jets offered far better MARKET VALUE than horse/buggy/train transport did 150 years ago. In the mid 1800s, trains displaced muscle power for travel between cities - because trains offered better market value than ox carts. Trains reached 'market saturation' about 1895 to 1905 (becoming 'unsustainable') - however 'market momentum' produced 20 years of 'overshoot'. Cars/jets were far more sustainable than passenger trains and muscle power, and started to displace trains (and finish off horses). By 1916 the US rail network peaked at 270,000 miles (today less than 130,000 miles is in use).Just like passenger trains hit market saturation, roads/airports are reaching economic limitations. The time is ripe for a market disruption, and all indicators (past and present) say it will NOT come from, or be supported by government or academia -- but from private sector innovations that offer a 10x value improvement (like ET3), AND also offer incentives for most (not all) key industries to participate (like ET3). Automated cars, smart highways, and electronic ride sharing are industry responses that will contribute to overshoot of cars/roads for the next 5-10 years.The main problem i see with the education system is that is that academic research and publication on transportation is primarily funded by status quo industries like: railroads and rail equipment manufactures, highway builders, automobile/truck manufactures, engineering firms, etc. -- all who fund research centered on 'improving' the status quo.Virtually all universities (for the last 1k years+) are set up to drive incremental improvements that industry demands, and virtually all paradigm shifts are resisted until AFTER they occur and are first adopted by industry. Government is the same (for instance in 1905 passing laws to forbid cars that were disrupting horse traffic; or in 1933 passing laws to limit investment in innovation startups to the wealthy (those successful in the status quo)).''
g. Darwinian algo  sqrt(n) VS higher algos - like Metcalfe n^2 . It is not precise, it is more of metaphorical, to indicate direction or scale of scaling, rather then rigorous precision, but ... the former figuratively speaking takes 100 times more to put up 10 times more, and the later takes 10 times more to return 100 times more...
h. Barter vs money. See.:  bottom of page 5 over the bottomline notes, about the later:
simpliﬁes pricing calculations and negotiations from O(n^2) complexity to O(n) complexity
As demonstration how one item out of a scaling barter system, emerges as specialized transactor and accelerator to transcale the barter economy. From within. Endogenously as always. (btw, Extremely strong document where there are entire books read and internalized behind each tight and contentful sentence!)
i. The heat death of the universe  VS the realization that the 2nd law  - conservation law for entropy/information law does not allow that , the asymptoticity  of the fundamental limits of nature, the fact that max entropy grows faster than/from/due to the actual antropy growth  and that entropy is not disorder  and that at the end of the day it is an unbounded immortal universe  ... cause it's all a combinatorial explosion .
j. The Anthropic principle  and the realization that it is extremely hard if not impossible to posit a lifeless universe  ...
k. The Algoverse - my 'psychedelic' vision  of the asymptotic inexorable hierarchy of the Dirac sea  of lower algos which take everything for almost nothing - up towards giving almost everything for almost nothing - Bucky Fuller's runaway Ephemeralization . Algorithms are things. Objects. Structure. Homoousic or consubstantial to their input and output. Things taking things and making things outta the former. Including other algos of course! Stronger ones.
l. The Masa Effect . The Master of Softbank seeing how the machine productivity is on the imminent course to massively overscale the human clients base and his apparent transcaling solution to upscale the clients base with bots and chips, with the same which scales supply in such a too-much way. 
m. The Pierre the Latil 1950es and Stanislaw Lem 1960es ( copied 1:1 by Tegmark  ) hierarchy . Of degrees of self-creating freedom of Effectors ...
n. Limits of growth - present in any particular moment and in any finitary setting of rules ,  but nonexistent in the infinity of rules upgradability. Like a cancer cell trapped in a cage of light  vs ... photosynthesis.
o. Ray Kurzweil - static vs exponential thinking .
p. Craig Venter's  Human Genome project  which when commenced in 1990 was ridiculed that will be unbearably expensive and will take centuries to finish, and it did - it costed a unbearable for 1990 fortune and it did take centuries, of subjective time as per the initial projections conditions - being completed in year 2000.
q. Jeff Bezos vision  of Solar System wide Mankind:
''The solar system can easily support a trillion humans. And if we had a trillion humans, we would have a thousand Einsteins and a thousand Mozarts and unlimited, for all practical purposes, resources.''
r. The 'wastefulness' of data centers and crypto mining collocation facilities  ... which is as funny as to envy the brain for 'wasting' >25% of the body energy. (Btw, the tech megatrend is exponentially and relentlessly towards the minimum calculation energy).
s. The log-scale intuitive measure and smooth straight line visualization coming out of, this quote which I fished out off the net long time ago.:
"The singularities are happening fairly regularly but at an increasing rate, every 500 to 1000 billion man-years (the total sum of the worldwide population over time). The baby boom of the 1950 is about 200 Billion man-years ago."
ops! go back to Q. With 1 trln. humans population the 'singularities' will occur once a year?!
t. the Tau  !!
I can continue with these examples ... forever [wink] - excuse me if I've bored you - but I think that at least that minimum was needed to be shown and it is enough to grok the big picture.
Scaling is the solution. It is a problem too. Its overcoming is what I dub 'Transcaling' for the purpose of that study.
Size matters. Scaling is the way. But the more general is how a system handles change! This is as fundamental as to be in the very core of definition of life and intelligence .
Tauchain is all about change handling!
Now, lets knit the 'blockchain' of these all example threads above into a knot like the Norns do :
Dear friends, please, scroll back to Example D. Yes, the human mind transcaler thing. The Ultimate resource thing.
We are the ultimate resourse.
We the humans (and soon the whole zoo of our technological imitations and reproductions and transcendences of ourselves ).
We as the-I  are strong thinkers and creators, immensely more road lies ahead than it's been traveled, yes, but yet we, as the-I, are the momentary apex in the Effectoring business  in the Known universe ... AND simultaneously we as the-We are mediocre to outright dumb.
We are very far from proper scaling together. The Ultimate resource is not coherent and is not ... collimated. Scattered dim lights, but not a powerful bright mind laser. Dispersed fissibles, but not a concentration of critical masses.
We as The-We - paradoxically- persistently finds ways to transcale its destinies using the power of the-I, but the-We itself does not entertain the scaling well at all .
The individual human mind is the unscaled transcaler.
Tau is the upscaler of that transcaler.
I'll introduce herewith another 'poetic' neologism, which occurred to me to depict the scaling props of a system after the Scrooge factor of ''Tauchain - Tutor ex Machina'' , and it is the:
Spawn  factor
- the capacity and ability of a system to grow through, despite, against, across, from and via the changes. Just like cuboid  is about all rectangular things like squares, cubes, tesseracts ... regardless of their dimensionality, the Spawn Factor - to be a generalization of all orders of scaling. Zillion light years from rigor, of course, as I'm on at least the same distance from my Leibnizization . For the lawyer to become a mathematician is what is for a caterpillar to become a a butterfly. :) Transcaling.
Tau transcends the infinite regress of orders of: scaling of scaling of scaling ... by being self-referential. Or recursive. 
What is the Spawn factor of Tau?
If you let me I'll illustrate this by a poetic periphrasis of the famous piece of Frank Herbert's .:
I will face my change. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the change has gone there will be nothing. Only I will remain.
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Suggested readings to better understand the Tau ecosystem, Tau Meta Language, Tau-Chain and Agoras, and collaborate in the development of the project.
Lecturas sugeridas para entender mejor el ecosistema Tau, Tau Meta Lenguaje, Tau-Chain y Agoras, y colaborar en el desarrollo del proyecto.