Topic: One-world reserve currency inevitable and will enslave all nations? - page 3. (Read 19822 times)

No it won't!

Your model of the goal and outcome is wrong. Read my my post at the following link:

https://bitcointalksearch.org/topic/m.11937734

The entire EU will brought into debt crisis and only then will there be a monetary reset in a NWO slavery system.

Dumb ass European people can't even see what is so obvious to me since 2010 when I predicted this outcome.

From my vantage point, there is no dearth of innovation:

https://news.ycombinator.com/item?id=9812245
https://hn.algolia.com/?query=Who%20is%20hiring&sort=byPopularity&prefix=false&page=0&dateRange=all&type=story

The problem is the bastards have much of this innovation in check, due to the triumvirate (the real Troika) protocols of money, governance, and non-anonymous master-servant (a.k.a. client-server) internet.

It is my strong belief that if we provide the correct decentralized, anonymous protocols for those three, the spark will turn into a fledgling tidal wave hidden under the surface at sea heading towards beach fronts.

The block chain is a central component, but (afaik) everyone has been doing it (slightly but thus catastrophically) wrong.


The State as a parasite can only survive in the NWO, one-world system which is a 666 red blood sucking eugenics. In my mind, the key essence point to make is that the existing system can not transition seamlessly (gradually or smoothly) to a new decentralized Knowledge Age system, because the State system is inherently centralized. Centralized systems can't slowly become decentralized. They are eaten from below until they collapse and that collapse can be very messy (deadly).

War coming to the Baltics by 2017. TPTB are moving us to the "10 Kings" (regions) of the NWO.

http://www.armstrongeconomics.com/archives/34302


http://www.armstrongeconomics.com/archives/34402

Unique currency must be avoided   reason:  https://bitcointalksearch.org/topic/capacity-buy-or-sell-something-never-must-be-limited-under-any-circumstances-1108280         

Hark, “the pious or holy” (Plato) “the capital or money” (qtd. in username18333) is “a yoke” (Jer. 28.14).

Well if you are demonstrating that the large disparity indicates unsustainable decadence and exploitation in the upper echelons of power then I agree.

So am I misunderstanding this or is it advocating more tax on the wealthy? I'm not so convinced that this is a panacea to our social and economic ails. I do suspect that many of the wealthy would not be able to retain their immense material gain without the power of the state to rely upon. But perhaps this is not borne out in reality and stifling institutions develop and disintegrate naturally over time. Humans are selfish as a matter of course (perhaps my western bias shows here?), it's my hope that an information age will empower the masses to dissolve the myriad economies of scale that 'oppress' them. Perhaps that is too idyllic though- for the drudge can make an honour of slavery by bowing to and praising his oppressors.

The more I think about it, the more I wish a middle line was walked with governments not overstepping solid bounds. But as a favourite author of mine wrote "Tyranny exists because the weak and the powerful seek it". /rant

https://bitcointalksearch.org/topic/is-bitcoin-the-mark-of-the-beast-discussion-1106917        

My thesis (even when I started this thread under my prior user name) has been that TPTB are intentionally destroying the nation-state central banks in order to make the world dependent on and clamor for one-world political sharing arrangement where the one-world institutions would provide discipline and oversight on the nations which had proven they could not manage their own affairs. But this is the classic Hegelian dialectic diversion, because we know damn well that the same power brokers who control the BIS also control the Fed and the ECB. So this is clearly creative destruction by TPTB:

http://www.telegraph.co.uk/finance/economics/11704051/The-world-is-defenseless-against-the-next-financial-crisis-warns-BIS.html

The world is defenceless against the next financial crisis, warns BIS
Monetary policymakers have run out of room to fight the next crisis with interest rates unable to go lower, the BIS warns

The world will be unable to fight the next global financial crash as central banks have used up their ammunition trying to tackle the last crises, the Bank for International Settlements has warned.
The so-called central bank of central banks launched a scatching critique of global monetary policy in its annual report. The BIS claimed that central banks have backed themselves into a corner after repeatedly cutting interest rates to shore up their economies.
These low interest rates have in turn fuelled economic booms, encouraging excessive risk taking. Booms have then turned to busts, which policymakers have responded to with even lower rates.
Claudio Borio, head of the organisation’s monetary and economic department, said: “Persistent exceptionally low rates reflect the central banks’ and market participants’ response to the unusually weak post-crisis recovery as they fumble in the dark in search of new certainties.”

(Germaneness mine.)

On Secular Stagnation: A Response to Bernanke


Central banks have backstopped and prevented defaults to the $250 trillion of global debt.

So there is $250 trillion in debt sloshing around the world and yet Summers refers to this as "capital".

So his "solution" is NIRP and a cashless society to prevent anyone from escaping paying negative interest rates on their wealth. And use this resource extraction to continue to backstop the $250 trillion of debt in the world. In order words, Summers thinks we are stupid enough to be a dog chasing our tail wherein the excess "capital" is money we are expropriating from ourselves to prop up "capital" that would otherwise evaporate in a contagion of defaults. And then claim this excess capital that we stole from ourselves (via NIRP) is what is causing the excessive market demand for return of capital (aka safe haven) and thus NIRP.

This is the definition of insanity. And he isn't stupid enough to believe his nonsense. He is obviously scamming us.



Obama Is Targeting Your Retirement Accounts


Canada to Fingerprint Foreign Travelers

Canada’s Hunt for Cash Turns Against Trading Profits in Retirement Funds

I clicked agree,but time when us dollar is reserve currency of the world will end,whan it could be in few years
why,there is awlays reason,reasons,main reason is life is a change,and that will also change
i hope to see one time in my life,that people will be enough aware to not be slave by any currency

Will i see that my life,in some part of the world in some people i see that already

What logic is that? You are asserting that because the banksters got bailed out, then the People got harmed thus you assert it must be the case that they People will have an awakening.

But if you study history, analogous forms of corruption have been repeating over and over again throughout all human history and the People never wake up. As I explained to you by example, even where they thought they were fighting oppression by joining Napoleon (by refusing to fight when he came to conquer their lands) analogous to Bitcoin supporters who imagine they are fighting oppression with Bitcoin when in fact in both cases (and all cases in human history) you are just supporting another head of the monster the elite have manufactured (or co-opt).

What was the result of your IQ test? Seriously. You don't even consider that your logic does not follow. There is no logical reason that the People must wake up when they've been fucked in the ass by the system. For them do so, requires not only that they understand how they have been harmed but also what is the correct action to rectify their plight. They get particularly misdirected on the latter.

Instead of ASS-U-ming your logic requires your conclusion, you must use the scientific method to test your theory and by studying history we can see the People never do wake up. Then we can start to reason about why they never do. And I have explained it to you upthread. Humans are easily deluded because their self-interests conflict with the global optimization. Although on a local level, I could dance in front of a group of humans and inspire them to choose freedom over conformance, in terms of scaling the mass belief systems, the powers-that-be (TPTB) have a natural advantage because the individual self-interests of the masses are not aligned with looking at the reality of the actual situation BEHIND THE CURTAIN. Instead they are easily swayed to follow delusions (the ass of the sheep in front of them) such as "gouge the 1% with punitive taxes" (Did you not watch the Youtube debates between Peter Schiff and the Operation Wallstreet youth?). And "thanks to Obama, I don't have to pay my rent any more" (have you not seen the Youtude?).

Come on man get a grip on reality. Go out into the street and talk to random people and you will learn that your armchair theories are complete bullshit.

In 1992, I went house-to-house and talked to people all ages (from young couples to grandmothers) as a volunteer for the Ross Perot 1992 POTUS campaign. I saw that people would listen to me, but they wouldn't be able to carry it forward in terms of complete understanding and action. I learned that people have other incentives that are driving their lives and they don't have the focus to become experts on politics, what is actually going on behind the curtain, and what to best do about it.

The people have become more aware that there is massive corruption. But their solutions are to hand more power to the TPTB with regulatory actions such as massive support for the unconstitutional power grab of the FCC regulation of Net Neutrality. Their angst is directed towards supporting the powers-that-be who have regulatory capture. They will end up supporting regulation of Bitcoin which unwittingly hands it to TPTB.

The people don't have the focus and diligence to monitor and maintain a decentralized Bitcoin when the natural incentives are towards centralization. If you want a crypto-coin to remain decentralized, then it must do so natural not because of diligence of the masses who are preoccupied on their own personal lives and (often mutually conflicting, e.g. abortion, gay rights, etc) self-interests.

I do not respect your ignorance. And I do not appreciate you asserting that you any where near my level of cognition of these matters. The Dunning-Kruger effect is too blatantly obvious here and I don't know what to do other than wasting my time trying to spank (your young cocky ass) with you words hoping you might gain some appreciation. But I observe you are too boastful to realize.

As Armstrong says, study history because it is catalog of repeating outcomes that we should learn from but never do.


The poor fuckers who got a house and shouldn't have. As if they had no desire to get a house.  

What happened is the perfectly natural outcome of the power vacuum I have explained to you over the past 2 - 3 pages of this thread. But you can't seem to grasp that and want to delude yourself into believing that the problem lies on the side of the banksters. The problem is a natural phenomenon that always repeats because a power vacuum is an unstable state of matter and sucks in the corruption. Until you eliminate the power vacuum, you are just deluding yourself. You won't be able to change the fact that individuals prioritize their self-interest and not the global optimization. Bitcoin can't get you there because it is not immutably decentralized and anonymous without diligence from the People, the lack of which causes the power vacuum in the first place. In short, you are a dog chasing your tail and you don't even realize it.


I never stated the People are in control. I said the People are implicitly complicit because their self-interests do not align with your delusion of them being focused on optimizing global causes. The control over money is a global cause that requires an extreme amount expertise and dedication of life that only very few of us experts can justify, and thus it is not a self-interested priority (focus) for the masses, a.k.a. the People.


They are not giving up anything by destroying the national central banks and moving to a one-world reserve currency system. They are doing creative destruction and using a massive crisis to usher in a greater level of totalitarian, corporate-fascist control.

I have provided the link to the following thread numerous times, but you apparently still haven't read it:

https://bitcointalksearch.org/topic/one-world-reserve-currency-inevitable-and-will-enslave-all-nations-985481

It is all explained there for you. And 29% of readers get it and agree.

They are not rolling any dice. They have a masterful plan which by now appears to be quite inescapable. Planting Bitcoin was a masterful coup getting you deluded fools to chase your own tail and fight for their cause.

Driving us into a Greater Depression (more so with FATCA and other large scale aspects, than Bitcoin as the Digital Kill Switch which is more of future concern) will bring about the political support amongst the masses for a global compromise on central banking to take the power away from the USA dollar and move it to an international cooperation (consensus) in a multi-polar world, a.k.a. the one-world reserve currency. There is no way the People would agree if they were not suffering. The People have many competing self-interests. It is only by bringing the People to their knees in massive war and suffering can they be made to plead for a global consensus. They will see that the nation-state model has utterly failed them (of course fabricated to fail and with manufactured conflicts, all from TPTB).


Edit: that you frame the issue in your mind as one of who is in control demonstrates simpleton conceptualization of the issue. You need to look at the incentives in the system and the structure of the system. Even TPTB are not in control. Btw, I am just saying "young cocky ass" in jest. Your fervor is what I expect from an ideological younger person, but the problem is when your fervor exceeds your conceptualization. If you are willing to actually dig in and consider the model I have presented, then we can have an intelligent and cordial dialogue.

It is the analogous  non-choice that we will be offered with the one-world reserve currency:

1. US dollar reserve currency hegemony over the world
2. One-world reserve currency with every nation sending a representative

These two choices are framed as being different, but in reality they are the same outcome. In both cases, the global bankster cartel is in control.

Ditto Bitcoin.

Any way, I support moving forward using Bitcoin to destroy existing banking systems and government issued currencies, and moving the world to a global digital currency (albeit I assert ultimately controlled by the banksters). Because the alternative is no better (as you point out) and at least by moving forward we bring more capital into crypto-currency (including altcoin experiments).

I agree with you there will not be another train in terms of scaling a crypto-currency to the masses before 2033. Bitcoin has this locked up already.

I do believe it may be possible to identify a market that is large but not the (lower 50% of the power-law distributed wealth curve) masses which Bitcoin can not reach and which an altcoin can. I am 80% sure about this. I don't care if the other attempts have fallen short. That doesn't rule out someone with appropriate insight creating one that hits the sweet spot. And the goal is not to topple Bitcoin (let the lower 50% have their pacifier to suck on). My thesis has been the upper 0.1% are going down with the lower 50% into the NWO. The Knowledge Age will rise up and take over by 2033. Let them have their Bitcoin in the interim. Smaller things grow faster. There is exponential growth available to the right altcoin.

As I have outlined in this thread and else where on these forums...

http://armstrongeconomics.com/archives/31006


I hope everyone has seen the revelations about Larry Summers and 21 Inc.