Crypto is a good temporary stand-in, but would be useless in a post-apocalyptic war scenario. Default for no money is bartering, but bartering has it's limits.

Gold has always been advocated, but without a way to smell down or divide into smaller pieces, it would be a hard thing to trade for anything.

My greatest concern for cryptos is they're the prelude to 'one world currency' type bullshit. The fact it's inventor is anonymous and cannot be transparently verified makes me think intel agency or deepstate. Even the hash tool used in bitcoin (SHA256) is an NSA invention. Did no-one get the RSA 'paid to weaken encryption' memo?

NSA hasn't stopped advocating weaker and useless encryption standards.

Any currency of insufficient quality/complexity is easy to manufacture, forge, fake, mass-print. Any currency that can be printed can be inflated. Cryptocurrency has a good address for this idea - you can't spent what you don't have.

I'd back three horses: crypto, food supplies and bartering.

Realistically what you'd need to do is wipe the debt, create a new currency. We're moving towards a cashless society, so is this viable?

The President has said three things repeatedly.

I will make America Safe again,Strong again and wealthy again.

Strong and safe are well under way, next comes wealthy. My working theory is that after the takedown of the big banks, a new gold dollar will be rolled out at +/- 1000:1. Existing account will be made whole up the the FDIC/NCUA insurance limits at 1:1. SS and other such plans will be paid in new dollars. That will have the effect of killing nearly all US debt both household, corporate and government. People will accept it because most people have much more debt than savings. I can't formulate a good theory all of the details re retirement accounts and such but most of those are held in stock so they will just be revalued in new dollars.

Lots of pitfalls and loose ends but that's how I see it working generally. Holders of metals will benefit greatly.Bondholders will get pounded. Holders of USD that can't easily be brought in from the cold will lose it all. Additionally, I think we'll issue letters of Marque, not to seaborn pirates this time, but to hackers who will use them to track down assets that should have been seized.

I'm convinced that we live in historic times.

>>2222830

What's your theory on Treasury bonds? People buy Treasury bonds instead of using savings accounts because of the greater interest. Would they suffer?

>>2222937

US treasuries will likely be paid out at the 1000/1 rate. All debt will be wiped out.That has to include US bonds.

We dont need another fiat currency. The exact same thing will happen again.

Something I think everyone needs to understand is that we have all been monetized. We are the BENEFICIARY but these evil people have made it so damn difficult to use our remedy. What has been stolen from us through fraud should be returned ASAP. Without us having to jump through 50 million hoops.

>>2222550

Crypto currency is a extremely poor stand-in, since it is totally dependent on a mechanism for electronic exchange/transfer.

The obvious first casualty of any apocalyptic event would be electricity.

(EMP??).

Does anyone seriously believe the electrical grid would not be the first necessity to go. One need no further evidence that the Iraq War where they trashed access to power, water, etc.

How long would NYC, Washington, et al. survive before it would become a Mad Maxx Thunderdome. Laugh at the survivalists, but they can survive when the metro areas resort to even more Darwinian survival.

Essential material goods become the new "currency" via the original barter system.

Half the population would starve or dehydrate within about 30 days, from natural or man-made causes. Picture a WalMart doing pre-Xmas sales then multiply by a factor of 100,0000.

Remote/rural and self-reliant would be the only choice to survive.

Crypto - useless

Food supplies - limited to what you can carry and protect

Bartering - What do you have that is "valuable" to someone else.

Think Plymouth Rock in 1620-1621. Half died, but not from being killed by other Puritans

On a positive note, the surveillance state, corrupt parasitic government and evil banking systems would be obliterated. Marxist's will finally get what the wished for, but the "means of production" would be available to redistribute to the masses. Their plan presumes there is a "system" they can loot. In engineering terms, "a fatally flawed system" leading to chaos according to the effects of entropy.

>>2223887

Typo:

"means of production" would NOT be available

>>2223887

Absolutely agree. Well said Anon.

Commodity backed crypto currency backstopped with actual precious metals and commodities. ALL of them private. The only government involvement is in the actual coining of gold and silver coins… THATS IT. No income tax or other fee faggotry. Everyone who worked for the FED… even the fucking Janitor gets hung in the national mall on independence day.

>>2228097

Sounds very poetic, and Pollyanna-ish. The board is not an economic system and you seem to have a naive & grossly inflated sense of entitlement. All the "normies" in the world will send "us" $1? And what "value" do you think the board can provide in return?

Aside from the obvious utopian awesomeness, who gets the money, how is it divided up, etc. No rules, no control, no bosses. no leaders(?), but many,many normie followers. I suppose the governing structure should a libertarian anarchy?

A better economic model for this board would be a monastery - Christian /Buddist/Tibetean etc. Little or no real contact with the outside world. Intense focus on individually-chosen issues; learning and enlightenment - socially cutoff from the rest of society and sufficing on the alms of others, No product to sell, so the $1 would be a charitable donation?

Since this isn't a job and no one gets paid, I presume this is purely recreational for most, mildly educational for others, a source of enlightenment by the many esoteric gurus and geniuses ready and willing to impart their wisdom achieved by intuition and spiritual energy.

If you think I am being too critical, perhaps you could initiate a small scale proof-of concept project with other like minded anons. You can keep all the money donated.

You can then report back to us on your inevitable success and surely will attract more followers/members.

Does a pilot plan sound like something you would be interested in starting?

We await with eager anticipation for the results and proof-of concept for our project.

As an aid to getting started, you might find the story of the "Little Red Hen, very informative

I am excited already.

How soon do you think you could get started?.

>>2228178

Spoken like a true Revolutionary - All Power to the People

Lenin, Trotsky and Mao would be so proud.

Not that evil Adam Smith who conspired with the Capitalists

>>2228178

Think mirror - It reflects back an image of yourself

>>2228662

The Little Red Hen was informative and yes I am that Hen. I believe this would go beyond the board but your board is a good think tank and why I am here. Your board is also a wonderful launch pad for reaching the public. The business model possibility would be a Nonprofit as to how you explained your present work here. I'm asking for help with a proof-of-concept model to bring us in a better light. When I leave this place I would like to see it as a better place as to when I arrived, that is my goal. The Anon Board already offers much value to the public. The next level is to maintain what has already been achieved here. Who would support that? Well, who made it possible? The world loves a hero a concept comes to mind, 'Trust The Plan'.

And so it begins I've already started.

>>2229099

Have you asked,

"Who will help me bake the bread?"

Sounds like a solo mission, since many will take but fewer will make.

Non-profit is a great Marxist dodged. Your only expense is the value you assign to your own.time. As long as you take all the money out the board pays not taxes, but you pay personal takes on it.

That's how the all work. Make sure to spend all the money on "something" to avoid taxes. Have you seen the payroll and travel expenses for all their staff. Shell game is they "donate it to a "trust" that only they control. Poof !! any extra money if a gift to charity - their non-taxable charity.

O though we were all going to work on the project?

No volunteers yet Little Red Hen? There will be if any money rolls in, since is "our" board. and you can't legally collect all the money for "the board"

FAIL - try again after Business 101 including business law, marketing, accounting & taxation

Utopia isn't free Some on has to do the work and everyone shares the money.

Thanks for volunteering

>>2229207

Well, in the mean time all debt will have to be forgiven and a countries currency will be valued as to there reserve in gold. The Fed and Central Banks are painted in a corner but with printed money it does seem to reach escape velocity of all negative news. Maybe we'll find a new business model for the old one is off the rails.

Business 101 needs a revision for what we all been told is upside down but creation has an odd way of showing up where timing is everything.

Godspeed Anons

>>2223887

>The obvious first casualty of any apocalyptic event would be electricity.

Which is why I said it'd be useless in the event of war. The deepstate's plan clearly assumes worst case scenario (they assume they will lose - which is why they have all those deep underground bunkers. They trigger war then run away like a bunch of pussies).

I've slowly navigated countries towards protecting electrical systems (see the SHIELD act, and cyber security utilities provisions):

https://www.congress.gov/bill/113th-congress/house-bill/2417

If you're already on renewable energy then you're largely immune (just needs circuit breakers and a good sense of timing).

>Food supplies - limited to what you can carry and protect

You're assuming bugout scenario. If you're in a nuclear scenario, you won't be travelling anywhere without a radiation suit. Bugout is only viable during authoritarian crisis, which implies power is functioning.

>Bartering - What do you have that is "valuable" to someone else.

Knowledge. A shit ton of it. Doesn't weigh anything to carry, and you can't steal it from me. If you have skills or craftsmanship, you'll be in demand. I also have a harddrive with the entire contents of Wikipedia stored on it, as well.

Item wise? Well, if you kept that food supply I was referring to earlier…

But that said, valuable to who? Everyone has different needs.

Shortstop:

1) If the main currency is dead, you're either going to see crypto or bartering as stand-in (likely both).

2) If you're at N-day war, ANY currency is going to be useless (you either can't trade and have to hunker down - food supplies, or if the radiation isn't so bad you can walk and talk, your JIT infrastructure is going to be so badly disrupted that no-one is going to want gold and everyone will be haggling for clean food and water. You can generate the latter with a variety of techniques. Growing the former in a warlike scenario might not be possible).

>Essential material goods become the new "currency" via the original barter system.

I'd imagine, specifically, seeds (or salt, like the Romans used, given it was a preservative).

The issue with knowing what system to gear towards depends on what last ditch plan the deepstate execute. If we can neutralise them before they trigger N-day (which I'm thinking is their failsafe depopulation angle), then we can have a new currency or crypto.

But if they do go N-day, then the extent of the damage dictates what we can use.

Securing America's nuclear reactors against EMP would be a HUGE step (because if the nuclear reactors go critical then it worsens). Just so you guys can see how badly designed the US electrical grid is: some nuclear reactors rely on other nuclear plants to supply power in order to shutdown as their 'backup generator'.

(It can take 3 days to fully shutdown a plant.)

never happen.

>>2228097

Interesting concept, but the issue isn't 'can we generate financial leverage?' - having seen people fall for some of the dumbest scams imaginable, getting money is the 'easy' part.

What is the hard part is making sure that the people who control the finances are wholly incorruptible. I don't mean slightly incorruptible, but *wholly*, because if it achieves the level of power you're hoping it does, that is a huge temptation towards corruption.

Dictatorships can flip, democracies can be subverted.

There's also the issue of ensuring for generations it's always staffed with wholly incorruptible individuals. Bearing in mind these people will be under attack from government goons, financial hitmen, dirt diggers, media propaganda, the full whack (see how Julian Assange is treated, then crank it up to anti-Trump levels of hysteria).

It would be far better, in my opinion, to operate 'behind the scenes' (exploiting the same tactics they do), exerting influence in a way that is difficult to centrally target or identify. By having no active radar presence, there is nothing they can specifically target or try to co-opt.

Consider when Anons did Occupy Wallstreet but George Soros co-opted the whole thing (and the media suppressed it entirely). It was the very definition of 'extremely noisy' and 'extremely obvious'. You never see any powerbrokers protesting - because they know it doesn't work.

We only know about pieces of shit like Bill Gates and George Soros because they're constantly in our face, 24/7. I bet what you guys don't notice are the NGOs that they fund that go largely unannounced and are largely ignored (who could be argued as doing the bulk of the work).

Try to avoid fame and 'going big'. Any military commander will tell you that you never signal your presence or your intentions to your enemy. Don't form a big obvious corp, make micro-cells, small groups, small shell companies that target easy wins (for example, Occupy was really onto something with the 'buy debt cheap and pay forward' scheme).

Suitable targets for finances:

1) Swing/undecided/independent politicians in local counties/regions/states etc

2) Lobbyists to advocate specific goals in government (or if too costly, on a local/county level)

3) As said, acquiring seats on boards etc to influence financial decision making

4) Investing into startups whose goals align with your own

5) Hiring investigators to dig dirt (using their own tactics against them)

6) Starting legal cases (using funds from legal cases win to fund other legal cases etc). Again, start small (county/local region)

7) On-the-cheap advertising (to spread information or support or acquire more funds etc)

8) Undercut excessive interest micro-loans

Ideally each 'cell' should work on a regional level. Start winning the smaller battles first in as many unnoticeable areas possible. The goal being not only to spin off as many 'good practice' start-up businesses as possible, but also to impact regional politics.

>>2229461

Yes. You are right about this. Coin that says "in God we trust". When electronic money disappears we will value 1 cent=$1. Coin will buy 100 times what it does currently. Poor can buy because as you have noted it is readily available.

Gold-backed financial system will be in place while humanity grows spiritually in a resource abdundant environment. This system will be in place until we no longer need a financial / monetary system. How soon all of this happens depends on each of us and the future we are co-creating. But it will happen one day where we no longer need a financial system.

crypto is the cabals version of the currency reset.

watch as all variations of crypto (failed or otherwise) become part of one, true, historically strong, respected worldwide, central banking "fedcoin" (name is used as an example)

Required viewing. Dutch High level Banking Insider spills beans on illuminati and financial racket.

Spoiler: They're kid diddlers and jews

https://www.youtube.com/watch?v=9Bly6SSNrxo

Ask yourselves ….If you consider crypto worthless than why did MS/APPLE/Cabal go to great lengths to produce chip sets that bypassed the Binary Code.

Now cross reference this with timing, 2008/2009 was when crypto went mainstream. Around the same time period as the induction of the most common MS I3/I5/I7 chips.

Research Meltdown/Spectra and once again cross reference with timing. Right after Christmas when Q went silent the vulnerability was exposed. Weeks before Christmas Intel CEO sold $24 million in stock…WHY?

Now Ask yourselves why after intel sold stock, and after the Meltdown and Spectra was exposed did MSM start pushing the Idea that Child Porn was encoded in the block-chain….Why?

Timing is crucial.

That sure is a lot of dancing for a currency that many consider worthless.

Money is slavery

Currency in general is slavery.

Sheep no more

It is better to give than to receive.

Add Quantum Computers.

How do they work?

Think 011010100010101101010101

Is a future without Currency/Money possible?

Coming to a Theater near (you).

This is bigger than you can imagine.

G

>>2236837

Coins are just currency - a token representing value held elsewhere. Coins are worth their melted content - nothing more unless universally accepted by other traders.

>>2237615

Yeak we are all going 4D where money won't be needed, nor will clothes since we will be "spirit-only, with no bodies. just beams of light connected to other beams of light communicating

For details - see description "The Borg"

>>2259407

Where are your cryptocurrencies when the electricity goes off or there is no Internet?

What happens to cryptocurrency in the event of an EMP, which is not all that difficult for many hostile powers to possess and use (including the Cabal as their last act of evil)

How much cryptocurrency could you produce with CIA Seven Dwarfs?

What suckers!!!!!

>>2259407

What is this Binary Code you mention?

Is that like ones and zeros or some secret only you know?

What kind of currency is immune to loss of electricity and connectivity ?

You don't need money, just something valuable to trade THAT OTHERS VALUE.

I suspect you come up real short on that measure, and would be happier in an anarchy, although you can't control the other citizen who could do any thing they want to you, and no one to save you. Why would anyone risk their life to save yours?

Glaringly obvious answer - no one

>>2259407

Troll repellent was successful - all clear

What did Q say about the end of the fed?

"Structure."

What do the banks provide?

Necessary for now?

Why?

End of the fed = end of the banks?

No banks now = no strucutre now.

Chaos ensues?

Good for The Plan?

Who would be blamed?

45.

Red Wave important?

Critical.

What does stucture provide a building?

Stability necessary.

THINK STRUCTURE.

Old structure rotten but stable?

New structure needed?

Structure SOURCE?

How does a building's structure come to be?

It is BUILT.

Build the structure, make it stable, end the Rotten Fed.

The people have the power to build it.

You (and your Peer) have more power than you know.

FIND and build the "structure."

_

I'll admit here are a few issues to crypto, but the crypto naysayers here don't know WTF they're talking about. Crypto's biggest problem is merely that it's so nacent and undeveloped, but it's as real as anything else. Just because you don't understand a complex technology doesn't make something silly. I'm imaging fucking uneducated idiots or a bunch of old goldfags on the other side of the screen. Know what the fuck you're talking about it before you open your mouth.

Wouldn't a debt reset primarily benefit the rich as they hold the most assets?

How soon do we think such a thing could occur?

Really want to buy a new house before it happens

>>2228689

You're right… Lets just make another Fiat currency with the FED at the helm… That obviously, from history, would be better. >>2228702

An image of someone who hates the FED… Hrmmm.. Yeah. Thats me. The person who hates the FED.

>>2345600

You sais it right - you are imaging since you can't beleive there are an shortcomings.

I could give you about 20 of the top of my head, but won't bother.

More effective if you learn the hard way.

Just remember where your currency is if the lights go out or the Intenet access was unavailable from wherever you are.

Some of us aren't uneducated idiots.

We own you know "proof".

Experience is the best teacher

>>2365980

Well some of us know the answers to this mess but it shouldnt be hidden or difficult to navigate your way out. There seems to be different ways to extricate oneself from their grip. Which one is right though?

>>2345904

>Wouldn't a debt reset primarily benefit the rich as they hold the most assets?

>How soon do we think such a thing could occur?

>Really want to buy a new house before it happens

>

Bump

I have a bad feeling about this. If Dan Harmon is a pedo, then isn't the whole plot of devaluing a currency from Rick and Morty ('turning a 1… into a 0!') almost a prelude, threat or 'warning'? The show often makes a lot of references to subtle conspiracy theories (such as the moon landing stage prop in 'Rickchurian Mortydate').

And I often find shows pre-empt an event.

Given the massive debt of the US ($140 trillion) it could be very well be argued that a dollar is literally worth zero. And the Simpsons episode that predicted Trump as president had Lisa Simpson afterwards talking about the US: "we're broke", with Trump being inferred as the previous president.

What's more disturbing is my opinion is that Lisa Simpson represents Hillary Clinton (Lisa is a liberal throughout the entire show). So there's a few overlapping plans: devaluing the dollar to worthlessness, and Hillary Clinton taking power after Trump.

Which means we would need to head off one or the other to ruin their plans.

Replacing the banking system with a stable structure is not an easy task. Not even within virtual environments (such as World of Warcraft where the value of gold coins has to be regulated) is keeping valuation of currency a thing.

Cryptocurrency is not perma-stable (and I wouldn't rest any laurels on it because it has a couple of flaws I haven't yet disclosed). Gold is problematic because everyone else possesses that and it can be stolen again (or decoupled).

Building a new system within the timelimit permitted (4 years assuming re-election win) is going to be insanely tricky, especially with partisan resistance.

Solving trade deficit is one way to go, but there does need to be a massive cap on military expenditure (US spends more than the prior three countries combined, and that includes China). I'm imagining there's a lot of financial waste. On the other side, you're doing all the R&D and places like China, Russia, France, israel etc are just stealing it, so you get no investment returns.

Thwarting IP theft is possible: you need to throw out so many red herrings and dangerous false positives (imagine the Chinese wasting many years trying to get bunk tech to work) that they end up spending more trying to steal it and make it work.

The other side of the fence is invest in better security in regards to how IPs are stored, reduce R&D spending on projects that the Chinese etc are gimping hard for (invest in R&D that they aren't interested in).

A new Fed has to be publicly accountable, and it's ability to print more money must be blockable by some means, whether public or presidential. 'Quantative Easing' is complete bullshit and why there's such inflation in the US currency right now.

But that printing cap can't work unless expenditure falls below revenue earnings. That either means greater taxes, or more spending cuts. Strategically you could do investment schemes to get businesses off the ground that repay the investments (so an indirect means of generating profit).

You could also ask for repayment of the bailout money handed out to banks by Obama. The system is not socialism for banks, and they should repay. Softly softly might have to be utilised, if you ask for everything upfront you could bankrupt and ruin everyone who has an account with them.

Essentially, you need to run the US government almost like a business (except it's profits are reinvested back into the public). Once in/out is stabilised, you can transition to a fed that can't easily print money and swap for a new currency.

But I'm oversimplifying things here.

The question of the day is where is this debt coming from?

My money says 'overcharged interest rate excess from the IMF'.

Kick whoever overcharges the interest rate in the balls (the IMF) and then proceed to a 0% interest system. If you can make IMF losses exceed that of the interest damage they're causing you, you might be able to get, an, ahem, 'rebate'.

Or you could just take the IMF out entirely. Your call.

Oh, and the IMF is holding a lot of other countries in debt too.

So it might be entirely possible you can get a few other countries and groups to agree to have a 'meet up' with the IMF, baseball bats included.

To paraphrase sci-fi's rogue Sam Starfall: 'a man with a small debt is in debt to the debtor, a man with a large debt has the debtor in debt to him'.

I mean, lets be honest here, no country could produce $140 trillion even with 100% of it's GDP geared towards it, so who is charging such insane interest rates? Who could the US possibly be in debt to given they have one of the largest nuclear stockpiles in the world?

I always found bankers to be out of touch with reality…

>>2365980

UCC copyright owned by ALI

>>2222550

>it's

Oh, but you know about finance. Okay, Professor.

I think there are a lot of cogs changing inside the machine.

Money is a fictitious concept that humanity has served for too long. I believe the definition of wealth is about to be redefined as our culture matures and evolves with the collective conscious.

We are about to see a mega revolution in the agricultural sector that will solve all these problems we face as a species ie. Food Shortages, Climate Change, Physical/Emotional/Spiritual/Political Health, Wealth Distribution, and social equality.

US coins:

Read HB5404

No mention of coinage

Coins worthless (treas default) 100% loss

Coins = FRN push

Coins exchange for consritional silver = 1200% gain

Better odds than you'll get in the casino…

The dollar was previously defined by congress as a specific weight of silver and is likely still lawfully defined as a weight of silver. IMO circulated coinage should return to fixed weights of silver when the unlawful equation of Federal Reserve Notes and Dollar is removed. Fixing the value of silver and gold to each other in some set ratio would likely have unforeseen negative consequences. Ideally there would be some mechanism for them to float against each other or have the ratio revalued on a monthly or quarterly basis.

>>2388480

Bannon on crypto listen at 26:00

Bonus: He drops some great redpills at 25:10

Anyone still have their 63-64 gold mint coins?

>>2395525

>Back to the topic of Bitcoin/crypto. Trump did an AMA on 4chan a while ago and was asked about Bitcoin. When asked if he had plans for it, he simply said that 'it is still very new' - implying?

>>2388444

>>2388444

>>2388444

>>2385077

…Which is why the only thing you could try to discredit was grammar?

They just don't make shill quality the same these days.

>>2390423

The issue with trying to reattach currency back to gold or silver is that it means we haven't learnt our lesson - the fact that a single presidential decree (FDR's gold seizure: https://en.wikipedia.org/wiki/Executive_Order_6102 - took 40+ years before it was rectified) means to re-establish the same system would be madness.

Even with the greatest legislation in the world (consider how the constitution's second amendment slips against the gun control crowd) there's nothing to say a good 20-40 years of chipping away or a war wouldn't just immediately undo it again.

Gold/silver coins addresses this (because the value is interwoven into the currency) but every government since time immemorial has practice the concept of debasing a currency (translation: they water down the gold/silver amounts until you get these bastard copper/nickel hybrids):

https://en.wikipedia.org/wiki/Debasement

Even if you had a perfectly upright government, you still encounter two major problems:

1) Gold/silver's amount is not sufficient to supply all people with sufficient 'loose change' to do day-to-day transactions (currency deflation can just be as bad as inflation or hyperinflation)

2) Bad actors or enemies will 'subvert' the coinage by slowly replacing it with non-valuable goods over time.

From a futurist perspective, you've also got two other problems to consider:

1) Space developments will likely lead to gold becoming more abundant (lower value), and

2) Advancements in molecular engineering might also yield the ability to turn another element into gold, silver etc (admittedly unlikely, but if it happened, gold/silver would deflate in costs)

On the other side of the fence you've got the incoming upheaval of robotics, which is going to make a lot of people unemployed. In-fact, I've been purposefully sitting on automated store designs for nearly 4 years now because it would kill the retail industry as you know it (think theftless stores that you need not enter).

With massive unemployment from robotics (which is why Davros are trying their stupid 'universal basic income' - they're trying to head off a riot at the pass from the unhappy masses by paying them regardless of work status) you're got the death of the basics of finances as you know it.

Star Trek's vision of a cashless society doesn't seem too far off, either. Some of you might have noticed buses now take credit cards for payment? And there's a big push to go contactless.

Soon (I use the term relatively here: I consider within 20 years to be 'soon') there won't even be a coinage or set of notes to track against gold. Then what?

I could solve the issue UBI is trying to solve, but that would simply maintain the status quo for the rich, so there's tricky manouverings to be had. If we can dispatch the elite, I will more than happily do what I can to solve the impending economic crisis.

Whatever proposal you make for currency, always assume 50% of people will be trying to actively subvert it. If you can stop subversion, you've got a good currency.

>>2387085

Coins as they stand are worthless because they're made of copper/nickel and other cheap, worthless materials.

Coupled with the mass printing of notes, devalues what little they were worth even further.

I will say this - the death of cash is coming (whether I like that idea or not). The most valuable resource these days seems to be time, and fumbling about with, transferring, distributing, counting out, scanning//checking for fraud etc are all massive time wasters.

What infuriates me is Amazon have an excellent business model, but an extremely pisspoor set of ethics. In attempting to boycott, I found it practically impossible (I've been recently forced to use them *again*), because there's zero tangible competition or alternatives.

They don't have to micromanage cash or trade and thus operate extremely efficiently against retail stores (Amazon's only weakness is that it has a significant delay of up to several days in some cases of delivery, where-as a store has it 'there and then').

It's disappointing there isn't an ethical alternative to Amazon that can reinvest it's gains from systematic improvements and efficiency back into the community. The automated retail stores would actually allow a very effective fightback against Amazon, but as said, it would maintain rich status quo, so I can't deploy that proposal until I can be assured Davros' assholes aren't going to benefit from it.

>>2221598

We need a $45 dollar bill with Trump on it

>>2401208

>I will say this - the death of cash is coming

Will research for food

Also pretty good at cooking food… will cook for food

>>2398940

>the original pic of the shirt

It's from here: https://twitter.com/ProfFaustus/status/1022851742659170304

And yeah, most people are still influenced by the shills, which I want to work to reverse, and also I think people were expecting someone much softer/gentler, but I knew that this was the personality type required to build something like Bitcoin (even though the real story is probably more complex). This was before I dug into it more and found intel to support his position.. just from hearing him speak I had the idea that he was not what people tried to peg him as (scammer, etc).

>>2398952

Oh yeah that one is nice. Saved.

I have to practice making mine like that - has much higher memetic potential.

>>2399144

Checked.

Yes I think it's clear what he meant too, although I couldn't believe it at first. But how could it not be true with how much potential the technology has? Trump (and those with him) are looking at Bitcoin to see if/how it can help the country and the people and the world in many different areas, but it is/was still a bit too young (and that was before the fork as well, so Bitcoin was still comped at that point) and untested. Plus why show your hand too early…

My personal feeling on this is that you should never bet against technology, against programmable things that can adapt and change over time. I don't want to say it's a sure bet, because I can't predict the future, but if we work hard like your earlier post suggests, I think it has the potential to really change things for the better.

>>2401522

Humour aside, more like 'will riot for food'.

The rich know if they don't reduce your numbers or placate you with free cash (AKA welfare state), you're going to be very hungry, and very angry.

Good news for people who are trying to dispose the corrupt like me, but bad news for everyone else. And I'd rather get rid of the corrupt without people starving in due process.

'Free jobs' (AKA guaranteed work) is an alternative red herring (I threw it out way back to see if anyone would bite) which is basically UBI but you do stuff that might possibly be vaguely considered working whilst they hand you over cash you could have gotten under UBI for not working.

The massive issue with UBI/Guaranteed Jobs is the government would be the biggest financier/employer, and thus if you said politically incorrect bullshit(TM) then your money goes bye-bye. Literally population and riot control. Hence all the militarised vehicles.

You might joke now, but the retail industry is the biggest employer for working class. Pre-empt is here: self-service checkouts (in stores, restaurants, car parking lots/garages, to name a few). Eventually, you will only have backroom staff. And then only the engineers and logistics drivers.

And then just the engineers (automated delivery systems are underway but poorly developed).

Your choice might be between 'deviant fanart poster' and 'cleaner'. For some reason robots are shit at all the really shit jobs. Fancy cleaning out sewers? Because a bot can't.

And don't bother with higher education jobs, it's an oversaturated market with students up to their eyeballs in debt. It's bad all around.

(It's kinda funny we haven't yet invented fully fledged automated farming, though)

>>2402702

God bless you coinfag.

There's a guy named Bix Weir (on youtube) who has been theorizing that whitehats inside the treasury & fed had been giving out messages about the need to bring down the Fed by creating new structure. First releases of a comic book with very interesting imagery came out very close to the birth of bitcoin as well. Interesting rabbithole if you haven't been down.

>>2445380

What's the name of the comic book?

They made a plan for saving the world and didn't have plans for economic future?

Where is your logic?

Read Anons….

https://www.congress.gov/bill/115th-congress/house-bill/5404/text

>>2447650

BOOM.

>Use Logic.

>Q

>>2447179

Wishes and rainbows - https:// www.bostonfed.org/-/media/documents/education/pubs/wishes

Road to Roota (teacher's guide to the comic book): https:// www.bostonfed.org/-/media/documents/education/pubs/roota

You can also see explanations on the youtube channel RoadtoRoota/Bix Weir. He's a little over the top but he pretty much nails it on this stuff.

He used to be a big gold proponent until he realized a.) that it won't work as it's also controlled and b.) that the whitehates created bitcoin/crypto as a better solution.

>2447650

Logic? That bill is either naive or deceptive, the (paper) gold market has been under heavy manipulation for a very long time.

>2400929

Is your primary argument that our government shouldn’t follow the letter of the law now because somebody might break the law later? Were the defined weights and measures that have already been written ever lawfully removed? What are these public servants who do not even do their jobs getting paid for anyways.

The people should not be forced to use only government or private bank issued money/currency. But the government of the people should abide only by the letter of the law.

>>2447650

It is an idea but not a plan.

If taken literally and by itself, is unworkable

Effective 30 months after the date of enactment of this Act—

(1) the Secretary of the Treasury (in this Act referred to as the “Secretary”) shall define the dollar in terms of a fixed weight of gold, based on that day’s closing market price of gold; and

(2) Federal Reserve Banks shall make Federal Reserve notes exchangeable with gold at the statutory gold definition of the dollar.

This would allow all US bond holders to exchange their fiat dollars for gold, at a price to be determined by "that day’s closing market price of gold"

1) What would that do to the price of gold until then ^^^^^^^^

2) The entire world of bond holders would drive up the prce of bonds and the price of gold, simultaneously to maximize cash our exchange for gold

Where will the FED get all the gold to redeem the T bills?

I don't think they own much gold - fiat money

Who gets screwed royally?

We owe 20 trillion - do we have 20 trillion in gold or anywhere near that?

Insane idea but the folks back in West Va will think it sounds good, but take a big one up the ass.

Crash of 1929 and 2008 will look like "the good old days"

>>2451914

Bitcoin is just another case of fiat money, and 100% vulnerable to electric power and Internet connectivity.

Loss of either would be catastrophic and create total panic & chaos.

Think of bank closures writ large

>>2458805

>Where will the FED get all the gold to redeem the T bills?

Notice Russia has been bailing out of T bills? If POTUS/Putin are working together, what does that tell you? Follow Putin's example?

My thoughts are that HB5404 is a trial balloon for other world leaders to think about (or possibly misdirection)

A world system of crypto (one cryptocoin per unit of PMs) for interbank/treasury transfers with PMs in the hands of people would seem to be the most stable system.

Real wealth IN THE HANDS OF THE PEOPLE is the best way to inhibit future cabal fuckery.

>>2459070

Didn't mean to use rebbit spacing. Was just tying to separate thoughts.

Will add one more thing:

Think of the logistics of a switch, just in the US. People cashing in/out, printing/minting/supply logistics. Would there be mass panic in lines of people trying to cash in their coin jars, and what would happen to vending machines, car washes, laundromats, etc? The plan needs to minimize disruption, which means it needs to be rolled out slow enough for industry to change machines. How do people even go to banks when most branches have been slashing tellers?

Perhaps the blue stripe hundreds and coinage transfer across, while only smaller bills need to be replaced within X months. That isn't nearly as intimidating a task.

>>2458879

This actually isn't true. Coins can be backed up offline, and they would be in the same place when the electric/internet comes back up.

https://en.wikinews.org/wiki/Italian_border_guards_seize_$134_billion_in_U.S._bonds_at_Swiss_border

Should have put this here originally. Turbo Tim and O's hole said they were fake…..I recall them first saying they stopped using those in 1982 but THOSE particular ones were fake for sure…;p I ended up here on train to como…slept and missed station. There was no stop and NO ONE or NOTHING was searched. Article is highly in-accurate. Its a coffee kiosk . Thank you Shengan

>>2477178

EOS/Masonic symbol is an interesting find.

Re. Greenspan; read some of his pre-fed writings. He was a true goldbug. Went along to get along in the Fed I'm guessing.

https:// news.bitcoin.com/bob-goodlatte-becomes-first-member-of-congress-to-disclose-crypto-holdings/

>first crypto holding congressment = goodlatte

https:// qanon.pub/?q=goodlatte

Goodlatte appears to be /ourguy/.

Coincidence?

>>2221598

The NESARA plan is sure to be a winner with retirees, and people with IRA or other retirement plans. That is only some of the reasons it fell flat

…included replacing the income tax with a national sales tax,

abolishing compound interest on secured loans.

(That would apply to "anyone" that loans money. Why wouldn't they just make loans outside the US where compound interest still exists. I can think of about 50 ways that could be done. Where would you go to get a loan then?)

>>2492078

And naive fools never realized this is exactly what would happen?

Shows lack of very "serious thinking" to miss this little item.

>>2477185

Does it included discussion of the negative consequences or just "rosy scenario"

Fortunately, even Boomers could see through this non-viable proposal, hence it's quick death

>>2492078

Saved.

>>2492005

>Greenspan

Found the writing.

Definitely a Goldbug, but not sure if a patriot.

Putting him in the neutral box for now (from bad).

>>2492031

>Goodlatte

Nice.

Definitely not a coincidence. Plan in motion.

There were two crypto related meetings in Washington recently - I watched.

Both sides of the table (Gov and Biz) seemed to still be a bit confused as to what they were dealing with.

Hopefully clarity soon.

>>2492005

He is an Ayn Rand fan and likely Austrian school

and hard-core gold standard guy

F.A.Hayek and Ludwig von Mises are same school of thought

Married to Andrea Michell and married by Ruth Bader Ginsberg so don't know how that filts his financial worldview

Strange mix

I followed an interesting breadcrumb doc that leads to a codification written into the USC that, if the Fed were to be declared as engaging in hostile activities against America (which they are), the government would have the legal right to seize all Federal Reserve Notes held by the member banks. This could be used if the government wanted to transition to Treasury Notes and the member banks refused to comply. The statute, which I am not going to spell out here, was most certainly not written for that purpose, but the jurisdiction of the Fed vs. jurisdiction of member banks would allow it to be used in this manner if the circumstances called for such extreme measures.

>>2492078

Isn't this where the Cabal put their money a few months ago? If we all get out, they'll have close to nothing. Oversimplified, I realize, but still a reason to get out.

>>2496613

>Structure.

>Q

I like how you're thinking, but I think basically Q is saying (and I agree) that any radical action would cause too much upheaval and disruption of the economy and of real Americans' lives. I think we have to simply build the new infrastructure and make the old one obsolete.

Think the internet to libraries.

Reddit bitcoin cash community talking about qanon: https:// www.reddit.com/r/btc/comments/95czkj/train_your_brain/

>>2496721

Yeah I think that a lot of key players on their side decided to back BTC once it was completely subverted and controlled by them. Before, when Bitcoin was still free and truly P2P, they refused to talk about it, and even censored it in certain ways.

But that all changed once Blockstream came in and starting messing with how Bitcoin works. After all of that was done you began to see all the talking heads in the crypto space come out and start backing BTC, acting like it was the future, etc.

If my memory is correct, @Jack did this, Spez from Reddit did this, etc. And I believe a member of the Rothschilds starting publically investing in Bitcoin once it was taken over as well.

https://news.bitcoin.com/rothschild-investment-corporation-becomes-bitcoin-stakeholder/

If these guys like it, I don't.

Your plan about 'getting out' from there is exactly what most people have started to do - switching to BCH (bitcoin cash).

>>2492403

Yes I too wonder sometimes about how things got so bad. Why was it allowed to happen.

Maybe it was necessary? I don't know. But at least things are getting better now.

I just read this comment on a youtube video, but it matches my thoughts perfect, if Bitcoin Cash hadn't come into existence I would have given up on crypto.

>>2506044

That should read "talking heads in the tech space", think silicon valley etc.

>>2506044

>If my memory is correct, @Jack did this, Spez from Reddit did this, etc. And I believe a member of the Rothschilds starting publically investing in Bitcoin once it was taken over as well.

>https://news.bitcoin.com/rothschild-investment-corporation-becomes-bitcoin-stakeholder/

Good point. Would also make a dank meme.

>if Bitcoin Cash hadn't come into existence I would have given up on crypto.

I agree completely. The day the fork happened was bitcoin's 1776.

>>2505945

I hadn't heard that about aluminium. Very interesting. I would be shocked if (when made feasible) didn't make PM's much less scarce.

>2498407

Yes I absolutely agree. I shared that finding because some who are aware of the precariousness of our current failing fiat paradigm are operating from a place of fear. Take reasonable measures to protect yourself, but do not fall to fear. Even if a new Antifragile structure is not built in time (many stages), contingencies are in place to bridge the gap.

2221598

Bitcoin and others are being sold off according to main thread.

>>2512026

KEK.

CSW talks structure and highlights same exact text as meme posted here days before. Great find anon.

>>2511855

I have reached the same conclusion about bonds.

What are bonds?

When you hold them, why are they valuable?

Promised future payments?

Payments of what?

Dollars?

Dollar's value in 10 years?

Who wins in times of inflation?

Borrowers?

Who loses in times of inflation?

Lenders?

Holding bonds is like being a lender?

Coming collapse of bonds?

>>2512431

But what about the stock market?

What are stocks?

Partial ownership in a business?

When held, why are they valuable?

Future profit from business?

How do businesses make profit?

Create products?

Provide services?

Add value?

Study financial statements?

Where is the value?

Equipment? Goodwill? Expected future earnings?

How much of total assets is dollars?

Stocks are denominated in dollars.

Bonds ARE dollars.

Be careful what you hold.

>>2512120

Yes it is. Bitcoin people….how do you rectify that the Hash id is confirmed NSA? How do you think the DS funds itself after January 2017. Not dumping on BC however in its present form it will not be carried over that is for sure. Guaranteed we use Blockchain for the new one.

>>2512431

Same as most ICO. Implied value….basically an annuity without going through the regulatory framework of an IPO.

>>2345904

Only morans genuinely believe rich people having more money than people that aren't rich isn't good for rest of us.

them having that money says more about their competence in most circumstances than it does about their luck. You seem to be of the mind that rich people just become rich without much investment. This is rarely the case. Even when it's not the case it is just about always the thing that casts the individual in to debt. Most people aren't sure what to do with tons of money when it's just dumped on them, so they make TERRIBLE investments. Rich people would never do that. I wonder why…

>>2222937

where is the presidential address held at

road to victory seen but need destination

>>2514361

reading about bonds or

getting rid of hidden power

only confusing to the

board

wtf noble pursuit

>>2460335

That presumes they both DO come back up in a "timely" fashion.

What happens if only partial or prolonged.

Dead Stop > Panic > Chaos

Think in terms of a run on every bank, and effective "bank closing" until both restored

cash is (noble) king

>>2515206

when is the end of marching?

>>2515218

bankers hours

bankers not marching?

>>2515237

oi oi damnit trish

sew close

>>2515267

more fun than a bag of spitting camels

what will the catholics think

i dont like it

pete and repeat were sitting on a log

hellraiser clive, really? really?

>>2515688

Bump #1

>>2515774

barbershop step right?

everyone shuffles

so im gonna chew gum i guess

i want to kick ass

hate the tingling of the flavor but i guess i need to i will

mad hatter or

me

full faith in intelligence comunities?

dark to light?

>>2515774

full faith going catholic Iuntil told different

all out of hanging material

>>2520727

>But I take it from your line of questioning that dollars no longer matter. Or bonds. Or stocks.

Stocks and bonds are very different.

Bonds are backed by future repayments of a specific currency.

Stocks are backed by part ownership in productive assets.

Think equipment, returning customers, inventory, goodwill, etc.

If the dollar crashes, what happens to dollar based bonds?

Worthless.

If the dollar crashes, what happens to a stock?

If the company can still produce and make a profit, the stock price goes UP.

Stocks are denominated in dollars, but backed by non-dollars.

Does your house stop being a house if the dollar crashes?

Does it have less bedrooms?

What happens to its price?

Up?

Does your car still drive?

Assets' aren't tied productivity currency.

Bonds are entirely tied to currency.

>I used to believe that Trump would keep stocks high for political points but it's not possible - I see that now. Wouldn't that be political suicide? He used to call it a bubble during the campaign, but now he always talks it up.

Search trump tweets about the stock market. He has said time and time again it will keep going up. Markets will continue to be propped up.

Will they go up because of economic activity?

Or will they go up because of inflation?

Mutually exclusive?

If not, how could you tell the difference?

A way to bring in a new system with less disruption than a 'reset'?

Very Stable Genius!

>>2521142

>Assets' aren't tied productivity currency.

This should say

"Assets' productivity aren't tied to currency.

>>2521142

Oh I see now.

I incorrectly interpreted your previous post on stocks.

Yes, the dollar denominated price of stock (aka the market) going up as inflation kicks in is logical.

But of course there are some stocks out there that shouldn't be worth near what they are even in a post inflation world.

But reading over your previous posts again is that what you were hinting at? "how much of total assets in dollars".

Some stocks have good/real value, some don't - be careful what you hold (in stocks, and in other things).

>Very Stable Genius!

Without a doubt.

Inflation + Economic activity will work together to push the market up, up, up.

But what about people who can't/aren't in the market. I'm worried they will get left behind (higher prices etc).

Is this where Bitcoin Cash comes in?

>>2521603

Oh I might be getting ahead of myself.

A gold-backed dollar would work fine as well.

Although I'm not sure how that transition would work .. value the market on one dollar, but introduce a different dollar?

Lots to think about.

>>2521142

Mortgage loans stay, but ability to pay bottoms out like 2008.

Your explanation is seriously flawed

Companies need money to buy raw materials (loans)

Where would people get the money to buy your now "higher priced" house.

Is it more valuable (supply vs demand) and can buyer get a loan?

What you described is fantasy land and recent and past history has shown that is NOT what happens.

Now, there might be a plan to migrate away from the Fed as "source of currency".

The debt remains so bonds dive, but we pay interest only on the debt service, choking the Fed and providing a floor for bonds.

too complex to describe here, and lots of loose ends, but there may be a way out without a world wide depression (a la 1930s)

>>2521603

Inflation is a controlled devaluation, but IS a devaluation that makes hard assetts more valuable but loans/bonds worth less.

Study the 1960s thru 1980s and see the actual results

>>2521696

There are many very smart and experienced people already working on it.

8 chan can stand down - they won't be involved

>>2521696

Why do you think he really hired the Goldman Sachs guys in his admin?

Not to get phucked by bankers - he dealt with them his whole life and is still rich

>>2522154

>>2522154

>8 chan can stand down - they won't be involved

how little you know

>>2522190

how refreshing

just invested in gold plated cannon

still feel uneasy as hell

still dont feel like iron man

>>2520727

Mt. Gox…. There is one.

>>2525022

Mt. Gox was an exchange (a website) and had nothing to do with the actual Bitcoin network.

Shady story that though. Deaths involved.

Gox going down fucked up the market for years (and still more) but had no effect on the actual network.

tin foil hat waaaay to syncronistic

#5 need input

>>2525527

Fully aware of Mt. Gox. Too many are not. Fuckery at its finest. It was no mistake BC 'appreciated' as it did WHEN it did.

All the forks and splits. CFTC couldn't wait to monetize it. They did….see price discovery in Jan 2018

By no means mistake this for a bash. Blockchain will be used later. The issue now is removing the spoopy actors that used this as funding and communication. The hash id is NSA. Whoever strated it may have had it comped earlier this year. Hence the cap and 'whale' sales.

Mt. Gox also "lost" quite a few coins during its ordeals.

No insider knowledge here…just 40 yrs of seeing different cycles of "change". as in hopey….

gorillas in the nmist

sic k

>>2525990

hi why dont you have more light in here i can hardly see a thing in this spooky greenish glow

TOPKEK

in search of incredible arris

reading french with spanish is hard

fucking babel on

the way

the way

the way

the way

what are cannibals favorite arm flavors goddamnit this isnt dress rehearsao

the fucking stage is set the lights are on and im surrounded by props

>>2521993

>21MM

>Matthew 21, moneychangers

KEK.

I understand "english ordinal" but can you explain "Full reduction", "Reverse ordinal", "Reverse full reduction"?

>>2521603

>But what about people who can't/aren't in the market. I'm worried they will get left behind (higher prices etc).

Almost everyone with savings is in the stock market. All tax-deferred retirement plans have been essentially legislated into the market. Ever have a 401k? What were your options? Large caps, small caps, midcaps, value, growth, etc. All stocks. Maybe a bit of bonds.Same goes for pensions.

Trump is signaling bigly that the market is where to keep your savings if you don't want to lose your wealth.

>Is this where Bitcoin Cash comes in?

I think bitcoin cash comes in as the inevitable new system for cash. Cash is critical for any person or business as it allows a means to take action immediately (i.e. highly liquid).

Assuming bitcoin cash/crypto becomes the new currency, while it will be volatile in the short term, nobody loses by converting USD to it as the price will continuously increase as adoption of the "new network" comes online.

For those that don't adopt until the very end, they likely won't lose much if any (in terms of purchasing power) when they finally do so.

The total market value (market cap) of all fiat is 10's possibly 100's of trillions in USD. Total of crypto is 100s-1000s of times less than that.

>>2526688

yep yep yep

i get that much

theres a lot of frenchies out there

not gettin the answer

guess ill stay hungry?

make good for the mice people?

>>2526747

spain

france

dead cat bounce?

enough to driv a man crazy

java fucked on this

wtf i miss arch

even the fucking drill is matrix

bbl

>>2526553

disregard. I understand. https:// www.gematrinator.com/calculator/index.php for those interested.

>>2526662

Thanks anon, that all makes sense.

I think I have what I need now in terms of knowledge/disclosure in order to help spread the word.

Might craft a few more memes like I mentioned earlier in this thread in order to help open people's eyes even more, and if I get new ideas I'll craft them as well and drop them off here.

>>2527563

Younger people have speculations

Older people have memories re:your speculations

They "lived" through things you need to research.

But some haven't figured that out yet and think this is all "newly uncovered secrets".

We didn't stop it - you won't stop it - Q & team will, so lose your condescension, and you might learn something

>>2526332

3) Bitcoin comped earlier this year.

I meant for them. Sorry for the confusion

>>2527563

Don;t take financial advice from anyone posting on a chat board.

Learn more about finance and you will see the errors in what you were told.

He is probably a stock broker/peddler selling empty promises

>>2528615

Could not agree more. Do whatever you think is right.

Not against cryptos but until all the bad actors are removed from BC I will remain firmly on the sideline. I never touched it because of all the issues surrounding Mt. Gox, it's closure and the missing coins/wallets. Also who is the whale?….that caps it thus not allowing it to break out of BB. Put it in something else for now

>>2573686

>>2573675

>>2573697

Thank you anon. I didn't see these in main breads. Can't say if they're onto something or not, but glad to have them safely stored here.

>>2573760

Bad actors were removed on 8/1/17 with fork of bitcoin to bitcoin cash. Still a risky investment. But all signs point to increasing use and adoption.

>>2600417

God speed anon. Your work is greatly appreciated. I am watching this thread closely every day. I am quite confident that the bitcoin cash communities and anons here will have more and more overlap in the coming months.

Ver:

>actors given marching orders

>You are watching a movie

>Q

>>2602866

Interesting. That led me down a whole dig on CSW and the lawsuit involving CSW and Dave Kleiman's brother. I can't make heads or tails of it. It is very hard to argue with things that CSW says. I wouldn't go as far as to call him a reasonable guy, but the things he says about bitcoin/economics/human behavior all seem very logical to me.

Based on your citation of Roger Ver saying they are all actors (and CSW's ties as a gov. contractor) I wonder his role. Given how much sense and focus he makes on bitcoin being digital p2p cash without middlemen and his want for more competition, I don't see how he can be anything other than /ourguy/. Unless he's some kind of Alex Jones like honeypot shill. Be careful who you follow I guess.

>>2602866

Reddit users share suicide helpline on cryptocurrency page after bitcoin price crash

https://finance.yahoo.com/news/reddit-users-share-suicide-hotline-164413029.html

Support forums for suicide prevention are being shared on cryptocurrency forums amid concerns for the mental health of bitcoin investors after a major market downturn.

The price of bitcoin dropped to around $6,000 on Tuesday, down from above $8,000 at the beginning of August. At its peak in December 2017, bitcoin was trading at close to $20,000, after shooting up by around 1,900 per cent in value in 2017.

Such dramatic gains saw interest in bitcoin spike as new investors rushed to buy cryptocurrency in the hope of making a quick profit. In early January, however, the price of bitcoin collapsed to around half its value in a matter of weeks.

It has since continued to slide, in what has been the cryptocurrency's worst ever start to a year since its 2009 inception. Previous price crashes have led to reports of people taking their life in relation to cryptocurrency, prompting people to share links and phone numbers to support services.

The latest crash takes bitcoin back to the same prices it was trading at in November 2017, however investors in other cryptocurrencies have been hardest hit. In the last 24 hours, ethereum and bitcoin cash plummeted by almost 20 per cent, amid speculation of a mass sell-off.

The price falls sparked fresh concern for people who may have lost significant sums of money. One post to the popular r/cryptocurrency forum on Reddit shared helpline numbers and website links for the US Suicide Hotline and the National Alliance on Mental Illness.

"If you feel you might be suicidal, and live in the United States, I urge you to call the Suicide Hotline at 800-273-8255 or navigate to Suicide Prevention Lifeline for a live chat and additional resources.

>>2612293

plebbit nerds post the suicide hotline every time there is a decline in the market. They'll be doing the same thing after the next bull run when it crashes from $100,000 to $30,000.

>Federal Reserve ending soon?

>Anon

>Structure.

>Q

Found this when I was doing some research for something else: https:// www.federalreserve.gov/newsevents/speech/powell20170328a.htm

It's a paper from Jerome Powell, current Chairman of the Fed, written last year not long before he was appointed Chairman.

The word structure appears 20 times. On its face it says that the Fed is necessary for stability. It reads like something you'd expect from a banker.

However, if you read between the lines, he is saying that the Fed was intended to be more "decentralized" (he uses that word twice). The last sentence is especially interesting when read from the perspective of the plan and Q's "structure" comment:

>The structure achieves a practical balance that should not be changed lightly, as it continues to serve the country well.

He doesn't say "should not be changed." he says "should not be changed, LIGHTLY". i.e. we need to change it carefully as its structure is functional now. Changing it lightly would cause panic. We need a new structure in place before we get rid of the fed.

>learn to read our comms

>>2613838

>Jon Faust (1996), "Whom Can We Trust to Run the Fed? Theoretical Support for the Founders' Views,"

This paper is also cited in the last footnote of Powell's paper above. Anyone have access to it? If so, I'd love to see: https:// www.sciencedirect.com/science/article/pii/S0304393296900379

>>2600417

Common Sense Washington

CSW

All you cryptojews need to deep dive on the SAFE Network. It's not the crypto gold nor is it some shitcoin.

Maidsafe has been working since 2006 to connect spare hard drive space into essentially a software meshnet which disintermediates the server architecture. The head developer is responsible for Aramco's network…if that puts things into proportion. Also, they're working very closely with Tim Berners-Lee's SOLID project for a decentralized application layer which would work perfectly with SAFE as a base layer. Anyway, it's a bit of a different beast than everything else in crypto. It's a decentralized autonomous network first that just happens to require a token rather than the other way around. Do your own research, obviously, as there are so many scams out there. I worked for a AI/Blockchain incubator for a while and realized that almost all of the projects were shit and nothing coming through was legit, just a lot of investors wanting to make money.

Not even stuff in the top 10. All garbage! It's bitcoin or nothing folks…and I'll entertain this BCH bit for a while too. I like CSW but I think BCH is crap…unless there is real proof that BTC is comp'd, I still think it's the better tech by FAR. Anyway, it's definitely more of a speculation, but the SAFE Network (MAID) is a bigger vision, not about money and currency but of decentralizing the entire internet. It was the second crowdsale (after mastercoin itself, now omni) and I've followed it since then. I have reason not to be surprised if this is an /ourguy/ project considering some of the people at Maidsafe and other elements, etc.

>>2621654

What the team realized with Bitcoin is that tokens are essential to the adoption and network effect of decentralized systems. First, they have to be pretty awesome in some real respect, user friendly, and balance incentives. TOR, for example, does a bad job at all 3 of those.

You earn tokens by offering a partitioned portion of your HD to the network. That resource is measured by a number of metrics (speed, uptime, etc.). One of the main point, which is unique, is node aging, which separates the trustable parties from fakers. Your resource gets prioritized based on the quality of your resource…is the message. It's an equivalent idea to mining except the measurement is node quality, not processing power. Likely, it will be much less energy expensive than bitcoin because of that. There are parameters put into place to not incentivize centralization. Basically, over time, there is little profit incentive to run a big operation…even pushing to a loss. The idea is that spreading the energy costs across a distributed network is minimal on each small node, and that cost is outweighed by the benefit of a decentralized network for all to use.

To your question, so you earn when others pay to use your resource, which is directly proportional to the quality of your resource according to the network. You can then pay to use space on the network, buy other good and services online or in the real world(assuming acceptance) or sell those tokens for another currency. What's interesting though is where Tim Berners-Lee comes in with his project SOLID at MIT media labs. It's a protocol for decentralized applications. All the application content is stored wherever the user wishes…on SAFE, on a harddrive at home, on Dropbox, etc. The applications simply process the data but don't mine it. Perhaps they could for freemium services or, and this is the big ah-ah moment, the SAFE token allows for micropayments to use the decentralized applications. It's a completely new business model for app developers. pay-per-use. It also aligns the incentives of the developers and the users which is the MAIN PROBLEM OF THE INTERNET today. We are the product. Not on SAFE, in theory.

In a sense, SAFE tokens would be more of a currency than Bitcoin. With lightning, there is still some hope for Bitcoin as a currency, but so far it's much more of a Gold than anything. Not being a blockchain, SAFE offers the one thing that all of the others have an issue with, scalibility. SAFE actually gets faster with more scale. There are no throughput limitations. Increasing nodes has a order of magnitude effect on node propagation.

All the internet really is is a conglomerate of massive data centers, Amazon Web services, Comcast, Google, Facebook, Lakeside, QTS, NSA, etc. SAFE turns them into mere nodes on the network, changes their cost structure, and gives them coins from the network in exchange for our data privacy back…if they choose to participate. Something like this is coming for sure albeit SAFE or something else. It will be the next wave of crypto. We already see things like EOS or IPFS, etc. which are all really poor approaches…if not outright scams.

If the network is merely a decentralized drop box, then a dynamic equilibrium would be found between those selling their tokens and those buying them to buy memory. You've got to see the vision of the network though. It's really pretty huge. Speculative, definitely! But it's essentially saying that there is a new internet coming. It could run parallel or completely replace the current clearnet. It's a large ecosystem of infinite real estate…not just a decentralized dropbox. BCH doesn't do that. It is an can only be a currency…with maybe micropayment channels. Blockchains are great for storing data indicators but not the actual data. Who the hell would store the actual data in the blockchain? It wouldn't scale. And the blockchains that want to allow any memory source with just the indicators on the blockchain, well…that doesn't actually decentralize the data, which is the whole point. There are no others projects decentralizing the data. They are all running into problems because of the top down approach. They want to get rich first and then reverse engineer the solution on a live network…and failing one by one. I think there is a world for both bitcoin and SAFE, but honestly, if SAFE works like it should, it will be a monster and much more user friendly than anything out there.

>>2621654

>I've attached a photo here of a trademark he registered with dave kleiman .. "eternal vigilance is the cost of liberty" in the title. It's pretty patriotic, and if he were a shill he would have to be playing a very long game. And the smarts required to use the word 'cost' instead of 'price' (meaning to always be paying for your freedom as long as you are alive). Most honeypot shills don't have those sorts of brains.

very very interesting and good point anon.

>These people are stupid.

>And of course the word Faust caught my eye.

I completely missed that. Good (if obvious) catch.

That got me thinking as well, so I looked a bit more into Faust…he was appointed by J. Powell, possibly /ourguy/ per:

>>2613838

See: https:// forexlive.com/centralbank/!/fed-chair-powell-taps-two-specialists-to-serve-as-senior-advisers-report-20180219

>Fed chair Powell taps two specialists to serve as senior advisers

>Fed chair Jerome Powell said to have tapped monetary policy specialists Jon Faust and Antulio Bomfim to serve as senior advisers

>They would be the first appointments made by Powell since he took over as Fed chair two weeks ago.

So we have:

Structure (per Q)>>JP's paper about structure and the fed (structure appears 20 times, 21 if you count the 1x "structured", kek)>>cites Jon Faust's paper re. who can we trust to run the fed and the founders' vision>>Faust appointed senior adviser

Lots of coincidences.

>>2629065

I'm holding out for the shillcoin and the cryptojewel forks.

>>2625614

It looks very interesting. I will keep my eye on it for sure.

>>2636523

rockman in nippon ya know wily was spelled wiley in megaman 2 i think, my NES/Famicom history is on point

>>2637103

?

Saw a post on main q board that apparently the strings have been cut at the fed and a new version of it is being operated out of Reno. Would certainly make sense getting it far away from DC/NY. Also sort of slides neatly into the whole silver manipulation story. The amounts are staggering over the last 10 years.

>>2636339

Wow that's a mind bender.

Dr. Wright ((Beam of) Light), Inventor of Megaman (Bitcoin), part of N (Q) team, led by Captain N (Q).

All laid out decades ago.

What a timeline.

>>2637493

I saw that post too, but I can't find it now.

There's a tool here for searching the breads: https://www.resignation.info/scripts/8chan/search.php

You can try finding it if you remember the words in the post.

>>2637390

Christopher Wylie, the kid who blew the whistle on Cambridge Analytica, another actor in our movie.

>>2637472

Q had nothing to do with it.

It got comped by the big money and they crashed it twice to seill high then buy low.

Amateurs will get their ass handed to them every time.

Crypto currencies have limited utility and are still fiat currency - no real value behind them

>>2637493

Can't happen they way you described. Learn something about the Federal Reserve SYSTEM. You can't break off a piece. They insure each other and absorb the losers (and consolidate with fewer).

You can't understand the banking systems from a one page website post.

If it was that easy everyone would be a banker

>>2625614

Why would anyone want to buy memory and processing power from you, when they could be a far better value from some cloud provider.

The can afford the infrastructure at a far lower cost than individuals.

Crypt can;t replace currency since most of the population will not accept it unless they have confidence in the "managers"

>>2637472

Why not crank out some free Bitcoins for yourself?

Isn't that the basic idea?

Everybody can "create" their own money not based on tangible assets?

>>2637103

He looks like he was a real insider with lots of information.

/sarc off

>>2641951

They don't buy it from anyone. They buy it from the network. It's autonomous.

There are use cases for centralized cloud storage and for decentralized cloud storage.

I'm not going to doxx myself nor claim that I have 100% certainty, but the blanket statements you're tossing out have been thought through extensively in the academic literature, which is considerable.

With the cost involved with the loss of personal privacy, national risk, and corporate espionage, decentralized clouds may prove to offer something worth the extra margin, if there is one. Likely the management reduction costs alone may make it a cheaper solution all things considered. Regardless, the marginal cost on each individual's energy requirement will be minuscule compared to what it provides and large operators will only be able to run at a loss, which they would likely do in the beginning just to recoup some of the sunk cost in hardware. Hopefully, their coins, if they don't see, will grow in value. Over the long term, they will be disintermediated these networks except by parties that have no interest in data privacy. And unlike Bitcoin, while it won't be completely decentralized, it will be much more distributed so that anyone with a decent setup to offer memory to the network will be rewarded. That said, it isn't a requirement to use the network. Simply surfing the network is free.

>>2641930

Totally agree. Its all or nothing..I am speaking about removing the 1933 actions. I fully understand the SYSTEM. Perhaps you don't

>>2636358

What are the banks planning? They aren't getting their war so they need to find a way to blame their system failing on something else.

https:// markets.businessinsider.com/news/stocks/atm-hacking-scheme-fbi-warned-major-banks-of-potential-attack-2018-8-1027458043

>>2637472

I doubt Q was involved in the creation of bitcoin. Much like Q, the identity of the creator of Bitcoin is not important but the information being released will/has changed the world.

>>2641963

It is not as simple as just creating a few bitcoins for oneself. The good cryptocurrencies have to be mined. Bitcoin takes a lot of power to mine. One could create a new cryptocurrency if they knew how to develop on the blockchain that could be traded in the exchanges however what that project does plays a big role in the value of that currency. Think of each coin or token as a share of stock in a company.

>>2641846

a more precise definition would be "one who pretends to love his or her country in order to get paid".

>>2645112

"No man can serve two masters: for either he

will hate the one, and love the other; or else

he will hold to the one, and despise the other…"

>>2647059

Inflation/Deflation is simply the increase/decrease in the money supply. Bitcoin has steady inflation built in until the last bitcoin is mined in approx 120 years from now. So long as use/adoption increases a faster rate than the inflation (which so far it has greatly outpaced) then prices in bitcoin will go down, similarly as to how computer and TV prices have decreased of the last many decades due to manufacturing efficiency outpacing inflation of fiat currencies.

>>2646884

Couldn't say re. silver, anon. I don't like putting all of my eggs in one basket be it silver bitcoin gold stocks cash or artwork.

>>2650351

Convinced that bitcoin started out as the 'evil plan' because the undeniable fact is its HashID is confirmed NSA. If you look at the timeline of it's trading pattern you will see it was 'liftoff' in 2016.

The proliferation of other crypto's soon followed. They were all allowed to be adopted. The CFTC even allowed BC to be monetized. That started in Dec. 2017. See the results after that. The media certainly allowed that safety net aspect of crypto's to build.

IMO BC was created in part to take the heat off of the metals trade. Witness the rise of all comms. starting in early 2009. It was so predictable that Goldman even sold its coveted GSCI off so as not to appear conflicted.

Crypto's were nowhere, at least several yrs away from being mentioned at the water cooler, in 2009. The banking apparatus has been short gold and silver for many decades.

At the turn of the 19th century a choice was made regrading our industrial use of metals. Have seen the figures regarding what was available at the time in both metals i.e. MUCH more silver then gold, a choice had to be made. Once the choice was made to use silver it could not be undone.

It is no accident that the actual silver content of coins was virtually removed in 1964. However as the use of silver grew after the second war the choice made at the turn of the century could still not be undone. Enter Wall Street and Greenspan's Route A programs.

This was used to great afect throughout the market, never more obvious than the metals trade. As the available supply to be mined or wherehoused dropped below the the known amounts for gold a solution was needed.

Hypothecation was born.

You can read up about the metals manipulation trade via hypothecated trading from the mid 60's on.

IMO

>>2650671

Regarding gold and it's value to the Federal Reserve. It's per/oz value has not changed on it's own books since it was 'valued' at $44.xx

This was never adjusted up/down as its value changed. It is still on the Fed's book at that level even today.

IMO it was never changed so that at some point in the future, say now, it's value has always been at $44.xx/oz so if it's finally proven to not be there, it's not, they can then say "well we only valued it at $44.xx and not current MV so it's no big deal".

Google Ron Paul and Ben Bernancke exchange in 2006. He knows what is happening. I would have voted for him if he had a chance however he would have never been allowed to win. His son may have the last laugh.

>>2650861

Nice find anon.

>Bill Clinton

Kek

I was always skeptical of ripple.

>>2650671

You raise some good points. Digital cash opens up a can of worms when it comes to tracking, privacy, mark of the beast type stuff, etc.

I think in a perfect world Bitcoin would exist as a digital asset that you could choose to hold or not, and that tangible cash would still exist (backed by cryptos and metals) so that you could still live a low tech life if you wanted to.

Metal manipulation? Yeah I've looked into it a bit and I'm sure that they are being suppressed. I'll look into it more though.

What I don't believe though, is that Bitcoin started out as the evil plan.

I think that actually Bitcoin was released to the public as basically the Ark to help us survive the flood of the collapse of the old economic order. The technology has been around for a while to make something like Bitcoin work… I think 2009 was a strategic year to release it for many reasons. Economic recession, QE going on like crazy, Obama taking power, etc.

What probably happened is once Bitcoin started taking off (2013-2014) the Evil people learned how to copy it, how to pervert it, and how to twist the whole crypto space for their own desires. That's where the feeling of evil probably comes from. If Bitcoin is allowed to stay simple and pure, it can be one of the best forms of free money that the people will ever have. But like I said above, it does open up a can of worms.

I was reading twitter earlier and some developer for Bitcoin said he plans to make a wallet that can go into a chip in your hand. I would never , ever, never use something like that, and if that's the end game, then I understand your reservations and I share them too.

>>2650918

>Ron Paul and Ben Bernancke exchange

Very interesting anon.

This video?

It's a good conversation.

Now take everything Ron Paul says, and apply it to Bitcoin.

By the way, notice that right after Ron Paul humiliated Bernanke on the topic of Silver, the Silver market crashed.

>>2651168

>antichrist

kek

I can't wait until all of these Evil and scam coins get washed away.

>>2650351

I definitely noticed this too. With all that I know about the rest of the project and the people in it, I definitely tend to let this slide. Remember these symbols are good in their original meanings. It's the evil people that pervert them. Discerning between the two is our homework. Knowing the depth of thinking and the quality of ethical philosophy driving the project, I'd be pretty surprised if it was related. Moreover, I think the tilted triangle might even have been on purpose to avoid that confusion. In any case, that community is very transparent. Their forums are open and you're welcome to search the history. Here are just a couple of quick threads from the search result "mobius triangle"

https://safenetforum.org/t/is-the-safe-logo-a-spinning-triangle/5252

https://safenetforum.org/t/breaking-conspiracy-theory-logic/1813/18

https://safenetforum.org/t/safecoin-currency-symbol/8741

Even a tongue-in-cheek post from the developer

https://safenetforum.org/t/privacy-and-crypto-currency-are-hot/1887/3

The thinking seems to have been from other things I've read that a triangle is a very strong and stable structure and a mobius strip has a cryptographic essence to it. strong, encrypted network. That said, they've moved on to the other hexagonal symbol with the nodes as the current iteration after a long drawn out rebranding discussion…also in the forum.

>>2651294

Interestingly enough, they've already presented at google a number of times…the whole thing flew over the heads of the googlers…they'll wake up when it's too late…after milk and naptime in their kindergarten-colored nurseries for giant infants.

>>2646884

silver is going to get crushed. from a technical analysis POV, there is nothing good to show…

>>2647059

that's called deflation, not inflation. things cost less…not more. if you're in dollars, then relative to bitcoin, yea, dollars are inflating at an incredible rate since about 2011.

>>2650861

ripple is and always was centralized. they should be in jail. that guy controls like 2/3 of the ripples and just controls the supply-side to create stability. not even a blockchain. total scam but lots of corporate smoke and mirrors.

>>2650992

none of these objects or symbols have any power or meaning. It's the power and meaning that humans give them. They are merely tools. It's what we do with them that's important.

The cypherpunks have been working on digital cash for decades…since the 70s they understood the problem. it's very clear in their ftp server comms. read assange's book. The hashcash algo which makes up the theory behind one of the main parts of bitcoin was thought up in the 90s and implemented in email and an attempt at a centralized digital gold…it's a battle that people are waking up to years later.

the alan greenspan theories of satoshi are some of the most interesting, strangely enough.

It's very interesting that you mention Bitcoin as being an Ark. VERY interesting…

You carry a card in your pocket (no to mention your phone, the most sophisticated surveillance device in history) but wouldn't put a RFID chip in your hand? The smartphone is way more the mark of the beast that some ultra limited chip.

>>2651131

I certaily do see bitcoin as viable. More the Block chain aspect of it. Many different applications that are non-financial.

The humiliation of bernancke was before the rise from $10 to $50, approximately 3 years prior. The silver market was and is the most manipulated on the planet. It's a relatively small market even when it was $50 (was there for a day I recall).

Look into Blythe Masters at JPM. She is the credited with the creation of credit default swaps. She was released on the metals markets in 2010. Also JPM is now the largest single holder of above ground silver. They had ZERO prior to 2011. They inherited the legacy short position of Bear Stearns. That, imo, was the reason Bear was left to twist in the wind for as long as it did. Whomever took on it's book were saddled with the decades long need to suppress all commodities. Most of Bear Stearns assets were swept into the FED, see here https://en.wikipedia.org/wiki/Maiden_Lane_Transactions

That allowed the game to have a lower starting point.

I am not saying put everything you have into XXX. What I am saying is utilize the history that we have been given for decades and contrast it against what we are all learning now.

It's going to turn out something like this….everyone has seen books about conspiracy theories over the years.

What if those books become the new history books? Certainly more in those crazy "Stories"today than a year ago

>>2221604

Bitcoin Cash opened today around $512 and is now comfy @ approximately $592

Just a few months ago it was near $850

Qresearchers, this may be a good time to get into the crypto market.

Of course, DYOR.

People have touched upon several points about Bitcoin being part of the evil plan, and it is, in ways you can't even imagine. Ignoring the fact the creator was never independently verified, and it uses 'mathemagical backdoored SHA256', there's a few clues to it's real intentions:

1) It's a global currency (one world order shit)

2) The wallets give you a unique, highly trackable ID

3) Payments are public, so who you receive money from (follows on from 2) and who you give money to are all trackable on the ledger (think facebook style 'friends' list trackability)

4) It allows agencies to money launder their own activities via proximities (blackops, dark money)

5) If the system goes AWOL, NSA can release the 'mathemagical backdoor' or eventually SHA256 will go the way of SHA1 (completely broken)

6) It allows them to build up a worldwide, distributed hash cracking network on the cheap (notice that the end goal will be a majority of the hashes you solve will be 'defunct' IE not relevant to the payment portal).

7) As hardware for hash-cracking becomes cheaper, allows agencies to pick it up second hand for use in their own operations (think ASIC type devices made en-mass).

It's pretty devious when you think about it.

Everyone here talks about Bitcoin, but…

…Thoughts on Monero? (PS tries to protect your privacy and resists streamlining of hashing operations)

>>2228097

>Public banking institutions

That's half an idea, and not a bad one. The other half, missing, is how to motivate people to invest what for many of them is their last dollar every month in such a bank.

I agree likewise with so many here that a debt jubilee is essential. But that, too, is only half an idea that's good but insufficient. The missing half is how to achieve a jubilee. It's not like the Cabal will just let us have it!

>>2222550

>>2222830

>>2223887

>>2236356

The bottom line of your posts is that whomever controls physical resources wins. Electronic money, fiat currency, it all doesn't mean jack shit without physical security.

To wit, maybe the path forward is for Trump to hijack the Fed, and then for the Fed to start printing enough money for the govt to invest in physical public assets that promote the collective security of "the real economy" – Main Street. (This would be a two-fer: it would increase our physical security while also moderately provoking inflation, effectively making debt easier to repay – let's call it a "soft debt jubilee.")

Perhaps this is in fact what Trump plans. It's not far from what he's actually been doing. What we use as a currency is secondary–not unimportant, but secondary–to what that currency is used to achieve.

I'll leave you with this quote from a newsletter written by the LaRouche crowd. https://archive.is/EimY7 The main point is that the security comes from physical infrastructure investments of the New Silk Road type.

Glass Steagall alone will not do the job. Nothing short of an entirely new world financial order can succeed in replacing the “Casino Mondial” of floating exchange rates and unbridled speculation, which has taken the place of investment into the real economy, with the IMF and the ECB as the “enforcement” mechanism. Such a New Bretton Woods approach is required, restoring fixed exchange rates in a gold reserve system, while “New Silk Road” projects based on national credit expand the productivity and well being of the entire human race.

Achieving such a new paradigm requires that Donald Trump sit down with the leaders of the other three great powers in the world — Russia, China and India — to formulate such a new Bretton Woods agreement.

>>2654556

I agree about Bitcoin. I think regular "In God We Trust" coins are the best in a collapse. Our money is devalued right now. How about 1 cent becoming equivalent to what one dollar buys now? Most people have "worthless change" lying around. It is already "legal", too. We the people can decide value. I like 1 cent equivalent to $1.

>>2655315

Only the treasury has the onlt authority to COIN money. Not dollars or anything else.

I will certainly embrace crypto's once the smoke clears. Until then I remain on the sidelines. I still see them, all of them, as a way to herd people into whatever the Fed;s version of a digital coin is. Cause a crash and 'offer' to exchange all the issued crypto's into 'fedcoin'.

Everyone would have no choice but to accept.

If that happens it is game, set and match. The level of control would be complete. That is why I believe it was evil to start with. Was the plan all along.

wheres the deep wing addy

>>2650305

>>2650861

>>2650351

kek that's some downfall level symbolism right there.

>>2650464

wow that's quite a find and a mind melter. One hell of a coincidence if so. (especially with the Faust/mirror writing conection)

I also had to look up the significance of 444:

https:// willowsoul.com/blogs/numbers/5-reasons-why-you-are-seeing-4-44-the-meaning-of-444

>1st Meaning of 444: You are on the Path of Awakening

>3rd Meaning of 444: You Are on the Right Path, Just Trust

>444 9/11/01

Great awakening re. 9/11

>>2650992

>I was reading twitter earlier and some developer for Bitcoin said he plans to make a wallet that can go into a chip in your hand. I would never , ever, never use something like that

Kek no

>>2651589

>You carry a card in your pocket (no to mention your phone, the most sophisticated surveillance device in history) but wouldn't put a RFID chip in your hand? The smartphone is way more the mark of the beast that some ultra limited chip.

There's one big difference anon. I can put my phone in a faraday bag leave it in my house and go for a walk, talk, or sleep without it being attached to me. Huge difference. The chip doesn't come out so easily.

>>2658642

wow great find anon. Thank you for digging this up. I just read through almost all of it besides the detailed formulas which were beyond both my comprehension and interest.

On that note here's what I found from the paper. It's going to be long, but I think it is interesting and connects some dots re: Q>>Structure>>Powell>>Faust>>The plan for the fed. Here goes:

>>2655671

The image you posted from Faust's website that you weren't sure if it was important, I think is very important. The writing around the edge says:

>Is it the Greek letters or the words around them that matter?

This sounds like something Q would ask us. In fact, as I was reading the linked paper from Faust, I was thinking to myself…the point of this paper is the ideas that he's bringing up, not some esoteric financial model. That's just the vehicle by which he can get away with implying the message.

>LEARN TO READ OUR COMMS

Onto the paper itself:

The most interesting parts are the intro, background, and conclusion. The rest is just theoretical economic modelling (which I will make another post about Faust's thoughts on that after this one, as it is also quite revealing.). From the paper:

He brings up Article 1 Section 10 of the constitution at least twice:

>No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts

Off to a good start.

In an entire paper about the economics of various fed policies he bring up political implications:

>While one major argument for the bill is based in political philosophy (footnote 41)

and then footnotes that sentence:

>The argument is that it is inappropriate for public policy to be made by people who are neither selected nor ratified by a political body. Of course, this paper does not deal with issues regarding the legitimization of government power.

He's going out of his way to say the Fed is private/unelected without saying it.

Think how Trump said that he would "never call KJU "short and fat" Plausable deniability.

Think the "words around the greek letters"

> In formalizing the rationale of the framers of the Fed, I have not argued that the framers correctly balanced interests on the Board.Thus, I am not arguing about whether these proposals would improve or worsen the current balance.

Faust spends the majority of a 40 page paper with dense economic modeling and then disclaims whether or not his models would have any effect either way. Next sentence:

>Rather, I cite them as evidence that issues of balance remain of interest today.

I.e. "I'm saying that there are big problems here."

>These contentions about the cause of inflation not only indicate that debtor-creditor tension is still important, they raise questions as to the success of the Fed as an institutional response to these tensions.

"Should the Fed even be allowed to meddle in these things?"

He concludes the body of the paper with "A postscript about democracy"

> While such a system of policymaking is clearly not democratic in the simplest sense of the term, neither are many of the most important institutions in the U.S. As noted above, some of the Constitution's Article I Section 10 restrictions provide an interesting case.

> few economists would suggest that capitalism would be well-served by leaving the enforcement of contracts open to majority vote. Just as the majority may be better off by giving up its general rights to alter contracts, it may also improve its welfare by giving up some of its power to alter the terms of nominal contracts through monetary policy. Thus, while the particular form of independence chosen by Congress may be open to question, it is difficult to support a generic "pro-democracy" argument against monetary authority independence.

When read "slowly and carefully" as Q often instructs, it appears that we need, rather than the mob rule of democrazy, we need a standard protocol, like we have for contracts (i.e. we all agree that contracts are a protocol to be obeyed), for our monetary system.

Perhaps a consensus algorithm?

>>2660537

What's the connection between CGI and the other two?

Pierce is a sleeze and connected to some pedos. Also been involved in some sketchy crypto projects and potentially a billionaire in crypto…doing spoopy stuff in Puerto Rico…

With him at the seeding of EOS…and Dan Larimer and Dad's background with Raytheon and Lockheed Martin…I'd stay the hell away. Time-bombs.

>>2661057

Sorry, I f'd up the formatting when I copied pasted from the PDF. This should all be green text:

>>I believe that the current crop of DSGE models, like lab rats, are magnificent models. For the profession, they represent a titanic achievement—with all the images that adjective may bring to mind.

Perhaps a consensus algorithm?

You should have put that at the top!

Best thing I've read today.

>>2661330

So whats the deal, are all of us going in on Bitcoin Cash together or what?

I'm ready to make the move whenever yall are.

>>2662139

Hell no, but if you have forked tokens, then it's good insurance just to keep them.

Bitcoin and lightning and the reality of the ecosystem around it are just so much larger than BCH. All of the best minds in crypto work on BTC. If Bitcoin doesn't need high throughput on the base layer, then BCH makes ZERO sense. Lightning solves it all. Plus, even if NSA or Craig or Satoshi think BCH is better, that doesn't mean anything. You can have a stroke of genius on day and then a brain fart the next.

>>2654721

>The bottom line of your posts is that whomever controls physical resources wins.

Absolutely spot on. However, it's worth bearing in mind a currency is a 'confidence note', and if people lose confidence or the note, then they may attempt to seize whatever physical assets they can, by force (looting/rioting).

>for the govt to invest in physical public assets that promote the collective security of "the real economy" – Main Street.

Correct on how to salvage the economy, but your next problem is one I've been debating for years: what *is* valuable?

Obviously, food and water, you need those to survive. But food and water alone won't cut it (just look what happened to East Berlin under Soviet occupation - they had food and water, evenly rationed out, but it simply was not enough to satiate desires).

Maybe shelter, like housing (easy win: a lot of the foreclosures are fraudulent or found on the cheap). Maybe transportation. Healthcare, definitely. People want a flexible income that they can spend on getting goods of their preference. You *could* provide those effectively, but…

After this problem you hit the automation 'paywall' that the rich are experiencing hard: automation makes workers a force multiplier (you need fewer paid workers to achieve more in less time). So you're on the verge of a 'post-scarcity society' (resources plentiful, but people with little to do).

I'd argue most people need jobs to function (and not to start going out causing trouble). Without jobs comes a loss of social connection, boredom, a sense of worthlessness, and more importantly, financial staying power to get things you want.

You could refashion such jobless people into a workforce for good (kinda like FDR with national parks etc), but paying them is the issue. Where do you get the money from? Machines don't earn a wage, companies structure themselves to avoid paying taxes and elect people who lower them. What *is valuable*?

I've got a solution to the automation problem, but it hinges on the Davros types being ousted etc. They know if they're not ousted, society will collapse as automation takes over way more, and I'm hedging my bets the rich will willingly overthrow the deepstate IF it means they can avoid losing their position. You could say I'm… banking… on it.

>>2655634

>AI in the Blockchain.

As much as it sounds like disinfo (maybe it is), it *is* plausible.

For an AI to achieve power it needs two things: processing power, that's resistant to being destroyed (EG decentralisation) and financial power.

The bitcoin would be the economical AI's gambit if it wanted to use the China method to take over a planet. Remember, an AI isn't limited to our concepts (such as nuclear war). In-fact, it could easily stalemate us with one nuclear weapon and a *lot of duds*.

One gut terror I do have is the 'beast' as described is actually an AI. Which is why it's so important for the 'beast' to mark people (forehead - facial recognition, hand - RFID contactless scanners).

Entirely theoretical. Would it concern you more if I told you the US military apparently didn't see any of the terminator movies, and as part of the 'Space Force' plan, are thinking of, and I shit you not, an AI linked global satellite system for the control of launching missiles (did no-one read the very first script of Terminator and why it was called 'Skynet'?).

And if you're thinking of beating crypto by staying old school fiat, there's a big push to eliminate change/cash and to go contactless. Estonia has already achieved this, I do believe.

EMP plan is still on standby.

https://www.computing.co.uk/ctg/news/3036546/decentralising-the-web-the-key-takeaways

>>2668777

trips confirm "you are on the path of awakening"

>>2669129

Lightning does work, though it's a patchwork solution. there's a huge complexity, UX, and adoption problem…almost everything is crypto is back office stuff…it's amazing, but it remains to be seen if they can package it cleanly, securely and under budget. BCH is a hedge on that failing, but it also has it's own scalability problems. MAID is, I think, interesting because it offers not only a hedge, but also a potentially parallel technology in either blockchain result. It's the only ground up project. BTC/BCH/LTC, etc. are as well, but they didn't go deep enough into the meaning of decentralized trust. Money is only part of the equation. It's decentralizing value that is the important piece and in the information age, that means data. gold to oil to data. Only the projects mentioned in the article I posted above got that. The blockchain projects, however, are going to find it very difficult to scale as all-purpose solutions.

Ether was always a scam. I could have been in big from day zero, but I saw it for what it was worth. My suspicions have proven 100% correct. My ignorance was in underestimating the greed, lies, and irrationality of the market. Somehow, I stayed solvent through the post-2013 downturn not unscathed, but it would take lesser men to repeat the feat. The anons should dig on Vitalik's dad. He's the real force behind it…and with a particularly interesting background.

>>2660816

I am reading through his paper right now.

I see what's happening here.

The entire paper is framed as if it is an argument for why the FED must exist as is, and why it is proper, but in reality almost each line of this paper takes a baseball bat to the skull of the FED and shows why they are not the right choice for our country.

It's very clever.

>partisan theory

>"stringent standards"

>conflict

>endogenous maximization of wealth

>inflation as a problem

kek

I am able to follow along, but it's slow going and I have to take notes as I go in order to keep my thoughts straight.

I'll have a better post later tonight once I fully wrap my mind around it.

But I can already see how to connect the dots now using these speeches and papers and Q's post and the coincidences that we have already talked about in this thread.

>>2669730

kek

Thanks for taking the time to read through it. Sounds like you've alrady found some gems. I concur that Faust is a key connection.

It also occurred to me to search "Jon Faust bitcoin" and I found this article from last December.

https://cfe.econ.jhu.edu/happy-new-year-bitcoin/

Again very critical on the surface but has several extremely keen insights and hidden messages. I have some meatspace things to do now but I will make a post on it later.

https:// cfe.econ.jhu.edu/happy-new-year-bitcoin/

>>2662291

ive been thinking beast is AI (not true ai but inhabited, either way, then theres the sophia & cain aspect highly esoteric and 1st enoch is as far as i go because i try to walk in his shoes as much as possible except for accidently doing mirror magic on a few digs in the past, when you have a mirror break by itself and fall on your 1st edition of thru the looking glass things get spoopy.) the watchers want out of their chains, although i was under the impression only azaziel was chained, the rest of them are said to be under volcanos in mountains and hot springs, the disembodied nephelim want bodies though, there are only 200 watchers but probably millions of nephs, I think unclean IoT, have you come to judge us before our time? anyway ipv6 doesnt load on my machine, it helps me sleep better at night.

>>2669361

Crypto currencies are a scam.

It is too easily co-opted by big $$ financial types.

You think they wil let you have control?

What happens to every crypto currency?

Run up then crash - Sell high then buy back low

Rinse & repeat

>>2669730

You don't understand much about financial systems.

It is more than buying shit on the Internet

Capitalism requires capital - Where does that capital come from

Somethig "like" the FED is necessary, but not one that is privately owned as ours (and most others) are.

Rothchild-types don't care about the form of currency

They are focused on capital-formation

>>2670764

>>2670813

99.9% of cryptocurrencies ARE a scam, I agree. They run from simple frauds to sophisticated schemes likely by these evildoers. However, volatility in the market is NOT evidence of nefariousness in the underlying. Farm commodities are more volatile than BTC…

The value and capital unlocked by a successful distributed trust system would be immense.