• China, Digital Money
• OmiseGo vs Request Network
• The Pandemic Road to Serfdom
• Oregon Officials May Use Mind Control Technology On Patriots
• Are You Prepared For Imminent US Digital Dollar?

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CV-1984: China Rolls Out Test Of Digital Currency In Four Cities, Western Businesses Testing

ActivistPost

TOPICS:Aaron Kesel, Banking, Blockchain, China, Cryptocurrency, Gold, Surveillance
APRIL 25, 2020

By Aaron Kesel

After the coronavirus caused China to shut down most of its businesses, and cities, the country is now striking back hard by releasing a digital currency and national blockchain.

China’s central bank The People’s Bank Of China, began testing its new digital Yuan’s interface on April 14th with one of its largest banks, the Agricultural Bank of China, rolling out a test UI. Two weeks later, there are reports that a pilot has been launched. Nineteen restaurants and retail establishments including popular Western restaurant chains like Starbucks, McDonald’s and Subway are participating in the test, Bitcoin.com reported. The test run is taking place in at least four cities in China—Shenzhen, Suzhou, Chengdu and Xiong’an, according to China’s central bank which confirmed the test of its new digital Yuan officially called “Digital Currency Electronic Payment (DCEP)” to the Wall Street Journal.

That’s not all, China also launched its Blockchain Service Network (BSN) for domestic and global commercial use. China also announced a 71-person committee for its Blockchain which includes executives from China’s central bank, as well as tech giants Baidu and Tencent, according to an announcement from the country’s Ministry of Industry and Information Technology (MIIT.)

Last year, Max Keiser of the Keiser Report told Kitco News that China was backing the new digital Yuan with gold.

“[China] is rolling out a cryptocurrency, a lot of the details have not been divulged. I can tell you that the cryptocurrency that China’s rolling out will be backed by gold. It’s a two-pronged announcement. Number one, China’s got 20,000 tonnes of gold, number two, we’re rolling out a crypto coin backed by gold, and the dollar is toast,” Keiser told Kitco News.

This author also had his own source from the Bank for International Settlements (BIS) saying much of the same for years, in which I wrote up two articles explaining the shift from the West as the world reserve currency. Those articles were entitled: “A Shift Of Power: Russia and China Finalize Moves To Replace U.S. Dollar As World Reserve Currency” and “China Finalizes Moves On Oil Markets To Overthrow U.S. Petro-Dollar Dominance As World Reserve Currency.”

Both articles detail numerous financial moves that China has taken in the past 10 years. One of which was buying up gold from the U.S. as a WikiLeaks cable titled “China increases its gold reserves in order to kill two birds with one stone” details.

China again began stockpiling gold in 2013, when they bought JPMorgan’s building that previously housed its gold. The IMF and United Nations have even expressed agreement that it’s time to replace the U.S. dollar as the world reserve currency with what’s known as SDRs or special drawing rights . Then the Asian Infrastructure Investment Bank (AIIB) was planned between 2010-2012, and was fully operational by 2016.

“China has been pushing for the SDR to become more widely used for some time, as a way to challenge the dominance of the dollar without pushing the renminbi as a direct competitor,” Julian Evans-Pritchard, a China economist at Capital Economics in Singapore, told Reuters.

Although currently it is not known if China’s digital Yuan is backed by gold, it wouldn’t be at all surprising. China opened up its own gold market in 2016, an entirely separate system than the COMEX gold futures market in New York and the Over-the-Counter (OTC) trades cleared through the London Bullion Market. China and Russia have both been working to undermine the West and the U.S. dollar since China called for a new world reserve currency as early as 2009.

Now, the disruptive fiat digital Yuan is here and it could help China achieve their goal of replacing the U.S. dollar as the world’s reserve currency amid a growing economic collapse happening in the U.S. due to the coronavirus lockdown and other outlying factors like propping the economy up on fraud by deregulating banks and entities. It is China’s time to shine as the petro dollar is in its last death throes with oil plunging almost -$40, a historic move, and releasing a digital currency will force the rest of the world to follow or be left behind. In the words of Fortune magazine, “digitization of currency will be perhaps the most important factor in an economy’s success,” and “China is winning the digital currency battle by a long shot—and if the U.S. doesn’t catch up soon, it’s going to lose the war.”

While many see the release of the Chinese fiat cryptocurrency as bullish for Chinese-based blockchain projects, the outlying effect is that such a move by China is Orwellian. The Chinese now have a digital currency which, when it is fully rolled out, will be able to track all point-of-sale purchases. China’s new digital currency couldn’t be further from the original foundation and purpose of Bitcoin and cryptocurrency which is freedom from centralized structures through decentralized ownership. In other words, you control your own funds and no one can restrict them. However, with China’s new recent move we can surely expect that the Chinese government will be able to seize digital funds or turn off a person’s wallet if they disobey the Chinese Communist Party (CCP.)

This is assumable due to the Orwellian rules already in place in China with the social credit system and restrictions on traveling throughout the country by using that mechanism to silence critics of the CCP.

China isn’t the first country to test a Central Bank Digital Currency (CBDC), a consortium of banks tested digital cash in 2016 in a Wall St test run, which didn’t get much fanfare. China is also not the only country developing a digital currency, the UK is developing one as well, CoinTelegraph reported. Besides the UK, the U.S., Russia, and India to name a few countries, are also considering launching their own CBDC, or fiat cryptocurrency. BIS states that future is now inevitable in a PDF from January of this year compiled of research of more than 50 Central Banks polled entitled: “Impending arrival – a sequel to the survey on central bank digital currency.”

The poll indicates that as many as “80% are engaging in some sort of work with developing digital fiat currencies, while 40% have progressed from conceptual research to experiments, or proofs-of-concept; and another 10% have developed pilot projects.”

The main questions we must ask ourselves is this: do we want world governments having that much power and Orwellian control over our finances, with the ability to not only see purchases but seize wallets if you dissent and decide what you can and can’t purchase? I think the obvious blaring answer for most of us is, no. In other words, buy Bitcoin.

**By [@An0nkn0wledge](https://steemit.com/@an0nkn0wledge)**

Aaron Kesel writes for Activist Post.

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OmiseGo vs Request Network: A detailed analysis
Etienne Tatur

With all the buzz words, it’s becoming really hard to differentiate projects in the blockchain space. And this is especially true for protocols.
For example, to find the differences between the decentralized exchanges of 0x, Kyber and OmegaOne you would need to dive in the whitepapers and even then there is still gray area.
And yet, it is important for everyone to understand in what we are contributing as trading is not gambling.
Sometimes, the best way to define a project is by defining its weaknesses.

Ethereum project lead, Vitalik Buterin, defining the current weaknesses of Ethereum
And sometimes, the best way to define it is by analyzing point by point what are the differences with the other ones.
Request Network has been compared with OmiseGo, however, we have many differences and we are more complementary than competitors.
Here are the differences as seen by our analysis at Request. We try to be objective but it has to be taken with hindsight as this is a study concentrated on our own use cases. Any feedback is also welcome.
The main take away from this analysis is:
OmiseGo could use Request for decentralized requests for payment, accounting, audit and invoicing format interoperability
Request could use OmiseGo as an oracle for eWallet fiat settlements
Detailed analysis
Request Network
A decentralized network built on top of Ethereum, which allows anyone, anywhere to request a payment.
request.network
OmiseGO
OmiseGO is a white-label E-Wallet platform designed by Omise to be launched in Q4 2017 by several partners (TBA).
omg.omise.co
Punchline
Request: The future of commerce
OmiseGo: Unbank the Banked with Ethereum
What they really are
Request: A decentralized network for payment requests. A universal invoice platform. (analogy: If PayPal was open sourced, decentralized and standardized)
OmiseGo: A settlement system between eWallets (analogy: SWIFT between Venmo and Alipay, allowing you to send between both; technical terms: Clearinghouse and liquidity provider between eWallets)
Focus
Request: Payments, Requests for payments, Accounting automation, Smart audit, IoT framework
OmiseGo: Payments, Remittances, Payroll deposit, B2B commerce,
Supply-chain finance, Loyalty programs
Who are their clients
Request: eWallet, banks and payment providers, accounting firms, audit firms, B2B, eCommerce websites, Apps
OmiseGo: eWallet, banks and payment providers, B2B, eCommerce websites, Apps
Works with
Request: ETH, ERC20, Any Crypto system, Fiat (using Oracles)
OmiseGo: ETH, ERC20, Any Crypto system, Fiat (when the eWallet provider is a partner)
Online & In-App Payments
Request: Yes, simple & advanced cases. It also works natively with Escrow and Taxes systems through an extensions mechanism
OmiseGo: Yes
B2B Payments
Request: Yes, simple & advanced cases. Onchain validation and advanced payments conditions possible such as down payments, micropayments, taxes, escrow…
OmiseGo: Yes
Trustless sharing of the request on the blockchain
Request: Yes (needed for a seamless payment experience/ a company requests a payment, the other detects the request from its phone and accepts or declines)
OmiseGo: No
Loyalty and rewards
Request: No
OmiseGo: Yes, every token can be handled by the eWallets
Reputation
Request: Yes, to avoid phishing and score bad payers.
OmiseGo: No, not their focus
Transition from Fiat to Crypto
Request: A little, it’s easier to pay your invoice in crypto
OmiseGo: Yes, facilitates the way out of fiat to crypto-currencies using the eWallets (best currency wins)
Accounting
Request: Universal accounting platform; automation of accounting in real time; Every payment has a legal value; Blockchain becomes the unique source for accounting softwares
OmiseGo: No, not their focus
Audit
Request: Smart audit algorithm can run on the blockchain and detects fraud or validates accounts. Replacing a part of the Big Four
OmiseGo: No, not their focus
IoT
Request: Yes, simple & advanced cases. An autonomous car can order a set of new wheels, pay 10% immediately and 90% through an escrow at delivery through an oracle.
OmiseGo: Yes
Remittances
Request: Yes, in ETH or if money transmitters plug to Request.
OmiseGo: Yes, in ETH or if there is crypto-fiat liquidity in the beneficiary’s country.
Banking the unbanked
Request: Unbanked can use cryptocurrency accounts and still require to open an account with an eWallet company for Fiat
OmiseGo: Unbanked can use cryptocurrency accounts and still require to open an account with an eWallet company for Fiat
Cross-currency payments
Request: Yes, using 0x relays for ERC20, another partner yet to come for cross blockchains and fiat or REQ invoices compensation
OmiseGo: Yes, through an internal system
Development Status
Request: Alpha Prototype
OmiseGo: Live eWallet prototype, decentralized exchange under development
Bonuses:
Request provides a transparency framework for institutions to publish their accounting in real time in front of everyone
OmiseGo provides an eWallet open sdk to onboard new start-ups
Dive in and follow these projects there:

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The Pandemic Road to Serfdom

The American Mind

Joel Kotkin

Essay05.01.2020
Our Covid-era oligarchs are fitting us for feudalism.
Even before the outbreak of the Covid-19 pandemic, America, like most higher-income countries, was already heading toward a neo-feudal future: massive inequality, ever-greater concentrations of power, and increasingly widespread embrace of a uniform (albeit secular) religion. The pandemic, all too reminiscent of the great plagues of the Middle Ages, seems destined to accelerate this process. This can be seen by looking at something that many Americans, particularly conservatives, often long to ignore: class. In contrast to the post-World War II order, which engendered growing opportunity for the middle and working classes, the last few decades have seen the rapid concentration of wealth in virtually every major country in Europe and Asia. The oligarchic class now owns as much as 50% of world’s assets. Just five companies—Alphabet, Amazon, Apple, Facebook, and Microsoft—account for over 20% of the market capitalization of the entire S&P 500 index. Today’s new oligarchs constitute a modern-day equivalent of the Medieval aristocracy. Like the barbarians who seized control of land during the demise of Rome, they seem well-positioned to benefit from the emerging social distance-driven recession. The dislocation caused by the pandemic has greatly expanded the financial assets of the country’s increasingly hegemonic giant banks. But the biggest long-term winners are the big tech firms that dominate digital pathways at a time when the analog world, already failing, now faces inexorable obliteration. Today’s other ascendant class is what I call the clerisy, who today fulfill the role played by the clergy in the Middle Ages. Known as the First Estate in pre-revolutionary France, the clerisy today is largely secular but consists of the key influencers in the media, academia, the upper bureaucracy and the ever-expanding “non-profit” sector. This new middle class enjoys something of a symbiosis with the oligarchic elites who mainly finance non-governmental organizations and the universities, and tends to a share a similarly progressive world view. The people losing out most in the pandemic are the remnants of what was once dubbed the Third Estate: the commoners, long the bastion of democracy and liberal ideas. Millions of owners of small businesses have been devastated by the lockdowns, their lifetime investments allowed to turn to dust because the clerisy has declared them “non-essential” and hopes to keep them in lockdown well into the summer. Worse still, as the promise of becoming business owners and homeowners has faded—particularly for the young—many increasingly fall into the insecure “precariat” of gig and part-time workers. These modern-day serfs are suffering the most from the pandemic. Millions of low-wage workers in hospitality, retail, and restaurants have lost their jobs and possess only meager prospects of getting them back in the near- or even medium-term future. Many others, largely low-wage service workers in “essential” jobs, are still working, but at high risk to themselves, often without adequate health and other protections. How the Pandemic Drives Oligarchic Power The new regime of social distancing, likely to remain influential for years to come, works most directly for the interests of the technologized oligarchy. The long-term decline of travel, convention, and traditional entertainment may mean disaster for millions of workers and many businesses, but it represents an enormous opportunity for those who can deliver food, goods, diversions, and experiences over the relative safety of digital networks. But as jobs are destroyed on Main Street, others, like those at well-positioned Amazon, are created by the hundreds of thousands. It is also a rosy new dawn for online collaboration applications like Zoom, Google Hangouts, Facebook Rooms, Microsoft Teams, and Slack, the fastest-growing business app on record. Also greatly enhanced will be those who provide the infrastructure for the conquering digital economy, including chipmakers like Intel and cloud-computing behemoths like (yet again) Amazon and Microsoft. The pandemic seems likely to further consolidate the tech industry shift from its garage-based startup past, with firms like Google, Facebook, Microsoft, and Amazon increasingly resembling Japan’s long-dominant keiretsu. The pandemic may have squashed many new companies that are now short on capital. In contrast, the oligarchic firms, which control upwards of 80% of such key markets as search, social media, cloud computing, and computer operating systems, now enjoy an even greater edge in garnering ever more of the nation’s technical talent. Ultimately the pandemic will provide the new elite with opportunities to gain control of a whole set of coveted industries, from entertainment and media to finance and space travel. Perhaps most concerning will be their ability to control all aspects of information as the last vestiges of local and small-town journalism face Covid-driven “extinction level” events. What is now left of the “legacy” media—the Atlantic, Time, the Washington Post, and the Los Angeles Times—has fallen increasingly under their control. Nine of the 13 richest people under age 40 are in the tech industry: the odds are favorable that the new elite will maintain their control over information for generations. The Secular Priesthood The barbarians who seized Roman lands took advantage of chaos to fuel their ascendancy in what became the Middle Ages. Pestilence-driven depopulation and weakened political institutions enabled them to establish their hegemony over shrinking economies. Yet to assure their power, the Medieval aristocracies needed more than just swords and armor: they needed a belief system that would allow them to control the lower classes effectively. Today this role is played by a far-reaching “expert class” teeming with highly-credentialed functionaries. The power of the “expert” professions—education, consulting, law, policymaking, and health and medicine, to name a few—has waxed in recent decades. To a large extent, the gradual demise of the analog economy is hastened by medical experts—at least those largely favored by the media—who call for lockdowns and restrictions that could easily extend to summer and even, according to Ezekiel Emanuel, lead medical advisor to Joe Biden, as long as eighteen months. Like their Medieval counterparts in the old First Estate, members of today’s clerisy see their intrusions motivated not by self-interest but rather the good of society. They constitute “the privileged stratum,” as the French leftist Christophe Guilluy argues in his recent book Twilight of the Elites, operating from an assumption of “moral superiority” that justifies their right to instruct others. From the pandemic to the climate, many of the expert class’s marquee predictions have been exaggerated or even plain wrong. (In the 1970s, hysteria among educated elites was mostly directed toward dire predictions that our natural resources, including energy and food, were about to run out, leading to imminent mass starvation.) Like the Medieval clergy, the clerisy, especially in the dominant media and academia, rarely takes itself to task. Instead, it makes deference to “the science” into a form of quasi-religious zealotry. For some, the pandemic is being hailed as “test run” for the true green agenda of less material progress and, ultimately, “de-growth.” The parallels with the Middle Ages are profound. The lockdowns and economic depression associated with the pandemic will help, as Psychology Today suggests, cure “the human beast,” a phraseology not too distinct from early Christian assessments of humanity’s capacity for sin. This “eco-medievalist” view sees the pandemic as the latest punishment meted out by an increasingly angry and wounded Mother Nature. Conservatives, some of whom predict the pandemic will undermine support for climate extremism, fail to understand the mass appeal of a media-powered movement largely couched in quasi-religious terms. The Coming Crisis of the Third Estate In contrast, the pandemic has proven an utter disaster for much of the Third Estate. The most evident damage can be seen at the malls, or on Main Street, where millions of small firms have been forced to close and, at least in some locations, may be forced to stay locked down for many more months—even as some states and, in some parts of Europe, whole countries, are opening up. In the aftermath of the lockdowns, small independent firms will be harder-pressed to compete against larger competitors with better access to capital and better positioning to wait out the pandemic. In the coming months, we might see many of our favorite local gyms and bars, or taco stands and family-owned Chinese restaurants, replaced by either online options or larger chains. Well-financed large restaurant chains moved to the front of the line to secure their place atop the food chain, but the National Restaurant Association estimates that more than 8 million restaurant employees have been laid off or furloughed since the beginning of the coronavirus outbreak in March. This represents more than two-thirds of the 12 million employees that were working at the nation’s eating and drinking establishments in February. Sadly these workers, and local business, can’t expect much help from Washington’s current stimulus plans. Even the Wall Street Journal admits the stimulus plan is “putting Wall Street ahead” of competing Main Street businesses. Republicans may talk a good game about smaller firms, arguably Trump’s strongest base, but at the end of the day they tend to take direction from large, globalized corporations and well-connected financial interests. Democrats, for their part, have little interest in smaller business as these tend to be owned by conservatives and are not amenable to unionization. The generation of workers clipped by the Great Recession is now suffering the largest share of the job losses. Even those still working are stuck in the precariat, with little ability to control working conditions, terms of employment, or guarantees for health coverage. Such workers may try to use their leverage as “essential” to boost wages and improve conditions. We already see labor strife at Amazon, Instacart, Perdue, and McDonald’s. If nothing else, as Michael Lind suggests, the pandemic could “alter the balance of power among workers and employers.” With the yeomanry thundering mostly from the Right, the protests of “essential” blue-collar workers could help boost the socialist cause. Roughly half of American households have no emergency savings and face an uncertain future as jobs disappear. A new class of ex-workers now finds the dole a more amenable or viable option than hard and dangerous work for relatively low pay. Bernie Sanders may have lost the nomination, but the message he ran on is amplified at a time when soup kitchens, as during the Depression, are now serving New York artists, writers, and musicians. The pandemic will likely increase the strong socialist tendency among both millennials and the successor Z generation. More dangerous still may be the potential return to anarchy, particularly in the barrios and ghettos of the nation. In New York, the working-class transit-dependent communities of the outer boroughs can’t flee to second homes, work at home, walk to work, or take cabs like the Manhattan rich. As occurred in the wake of the great aerospace depression in Southern California in the early ’90s, diminished prospects can help light the flames of violent anarchy from the home on up. Family violence is already increasing in many countries. Add to this toxic stew the fact that some jurisdictions, citing infection fears, have released dangerous criminals onto the streets. Crime has predictably spiked from New York to San Francisco. Even before the pandemic set in, the big American cities—unable to curb large homeless populations spreading filth and Medieval disease—took on the hazardous cast of ancient Rome, Victorian London, New York’s Five Points, or the favelas and ghettos of Third-World cities like Sao Paulo, Mexico City, or Manila. The rising number of people unable to pay rent—now one in three—could provide fodder for a new round of urban disorder. Ultimately such disorder threatens the power of both the oligarchs and the clerisy. Their likely response may be embracing what I call “oligarchal socialism,” where the very notion of work disappears in favor of a regime of cash allotments. This notion of providing what Marx called “proletarian alms,” widely supported in Silicon Valley, could prove a lasting legacy of the pandemic. This is how Rome, as slaves replaced the middle orders, kept its citizenry in line, and how the Medieval order in times of economic stress relied on the charitable efforts of the Church. The virus that now dominates our daily lives may soon begin to slowly fade, but it will have a deep, protracted impact on our society and class structure. Covid-19 will likely leave us with conditions that more resemble feudalism than anyone could have imagined just a few years ago.

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Oregon Officials May Use Mind Control Technology On Patriots

NewsPunch

Oregon Officials May Use Mind Control Technology On Patriots
January 12, 2016 Sean Adl-Tabatabai News, US 1 Comment
Oregon officials consider using mind control technology on Patriots

An anonymous whistleblower has come forward saying that local authorities in Oregon intend to use mind control technology in order to deal with the standoff between armed militia patriots and feds.

According to Dave Hodges of ‘The Common Sense Show‘, he received a tip off from an anonymous source, who told him that, “we have ‘accidentally’ discovered an anomalous band of electronic frequency which is out of the ordinary and the location is near the Burns, Oregon, stand-off event“.

Thecommonsenseshow.com reports:

Mr. Hodges,

I work with a consortium of engineers and we have “accidentally” discovered an anomalous band of electronic frequency which is out of the ordinary and the location is near the Burns, Oregon, stand-off event in which a group of ranchers are protesting the taking over of their land by the BLM.

I am not at liberty to discuss the delivery mechanism because it could lead to some of my colleagues. My colleagues have complained that they are no longer in charge of their own experiments and the nature and tone of the experiments is such that we all believe that a widespread application of what you have labeled “mind control” is about to be unleashed on the world, not just the United States.

You have published enough that we feel that you were the appropriate conduit to release the information on this. The public has a right to know what is about to be done to them. The RF involved is at RF at 2.4 GHz. This RF is NOT Wi-Fi, bluetooth, microwave, etc.

If you are willing to publish and distribute, we will send you more information………….

Anonymous

Because I want to keep the NSA and the spooks out of my business, I wanted it noted that the above communication is not an email.

In the past 15 months, I have been approached by two groups of scientists who are gravely concerned about the development and pending application of mind control technology using electromagnetic means to deliver the technology. Both groups of scientists are fearful of their lives and one group has an amazing and bizarre means of communicating with me.

In response, I occasionally run an article on mind control technology hoping to shake loose others who are willing to be more forthcoming and are willing to go public. In doing so, I have discovered two things: (1) scientists across the planet, not just the United States, are fearful of the work they are doing in relation to mind control technology; and, (2) This technology is ready to be unleashed. In fact, there have already been beta tests, such as the “Kentucky Mall Brawl” incident.

The technology exists and here is some of the evidence to support these claims.

MULTIPLE DELIVERY MECHANISMS

What are the “phony” cell phone towers all about? Are they only for the purpose of “stealing” data from the electronic devices of unsuspecting people? The answer to this question may surprise you.

A Paul Watson report, chronicled in the video listed below, accurately portrays 50% of the operational functioning of what is presently being referred to as “phony cell towers”. Watson is correct in that these “phony towers” are indeed stealing data from your electronic devices.

However, Watson’s depiction of the phony cell phone towers only represents half of the picture. On the other side of the coin, these towers are part of a mind control apparatus. Here is an excerpt of the relevant patent.

Abstract

A method and apparatus for simulation of hearing in mammals by introduction of a plurality of microwaves into the region of the auditory cortex is shown and described. A microphone is used to transform sound signals into electrical signals which are in turn analyzed and processed to provide controls for generating a plurality of microwave signals at different frequencies. The multifrequency microwaves are then applied to the brain in the region of the auditory cortex. By this method sounds are perceived by the mammal which are representative of the original sound received by the microphone.

Inventors:
Stocklin; Philip L. (Satellite Beach, FL)
Family ID:
24247585
Appl. No.:
06/562,742
Filed:
December 19, 1983

The patent’s use of the phrase “… introduction of a plurality of microwaves into the region of the auditory cortex is shown…The multifrequency microwaves are then applied to the brain in the region of the auditory cortex. By this method sounds are perceived by the mammal which are representative of the original sound received by the microphone”. In other words, this is a smoking gun patent for what is often referred to as “voice to skull” technology. This means that the thoughts (i.e. words) in your head may not be your own. This patent clearly demonstrates that the technology has existed to control your thoughts and the technology is over 35 years old.

Today, your smart meter, smart appliances and your wi-fi networks in your home all have this capability. In fact, one of my military sources, once associated with the project known as “Owning the Weather 2025”, tells me that any device which can receive or send an electrical signal is vulnerable to the manifestation of mind control through the psychotronic manipulation of the mind. The recently exposed phony cell phone towers are only part of an overall smart grid system designed, in part, to effect mind control. My military sources tell me that this system is part of what is popularly known as “the Smart Grid”. The various Smart Grids are all being connected into a what is called a “Land Area Network”. My sources also tell me that mind control is only one function of this network and that presently there is an effort underway to integrate the various Land Area Networks across various continents (e.g. North American and Europe). The system, once fully integrated will include health care and overall energy usage. Mind control is a byproduct of this technology.

The technology works on two levels. First, external words which can manifest as integrated thoughts, can artificially and electronically be placed within your head. Second, your overall emotional functioning and immediate emotional perception can dramatically be altered through the application of “targeted” frequencies designed to manipulate a desired and overall emotional state of functioning.

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Are You Prepared For Imminent US Digital Dollar?
TOPICS:BankingBitcoinCBDCCentral BanksCryptocurrencyCurrencyGreat ResetNeenah Payne
OCTOBER 12, 2020

By Neenah Payne

All Americans know everything costs a LOT more than it used to. However, many people don’t realize that inflation is driven by how much the value of the dollar has declined in the last 100 years. The chart below shows that the dollar has lost almost all its value.

End of the US Dollar?
The U.S. dollar became the dominant currency in the global economy soon after World War I. The Bretton Woods accord in 1944 solidified its position at the top. Since the dollar has been the world’s reserve currency throughout their lives, many Americans assume it will continue to be so forever – or at least for the foreseeable future.

However, as the chart below shows, there have been several global reserve currencies in the last 700 years – with an average span of 94 years – and two for only 80 years. The U.S. dollar’s dominance will end when a combination of factors causes investors, governments, and markets to abandon it. The U.S. can accelerate the dollar’s loss of status as the global reserve currency – and has been doing so by escalating debt, increasing inflation (which is now official Fed policy), declining domestic savings rates, and rising deficit.

There have been discussions for several years about replacing the dollar with a variety of currencies including the “Amero” for the North American Union to correspond to the “euro” in the European Union and the International Monetary Fund’s “Special Drawing Rights” (SDRs) – a basket of leading world currencies.

Given the fact that the dollar has lost so much of its value, it’s not unreasonable to recognize that it’s near the end of its run now and to consider what may replace it – and when. It’s also smart to prepare for that transition now as signs continue to suggest a replacement may be as early as January 1, 2021.

In US Congress, New Bill Demands ‘Digital Dollars’ by January for Monthly COVID-19 Aid.

Gold or Bitcoin?
When President Richard Nixon severed the dollar’s final link to gold in 1971, it had major consequences that few people realize. 1971: The Year That Changed Everything links to the WTF Happened In 1971? website. Ron Paul and others have proposed a return to the gold standard to restore a sound US dollar. Paul’s monetary-policy epiphany came on Aug. 15, 1971 – the day the Fed shut its “gold window,” meaning foreign governments could no longer trade gold for dollars at the fixed rate of $35 an ounce. That shocked Dr. Paul, a successful Texas obstetrician. He said, “That’s why I ran for Congress”. Dr. Paul represented the 22nd congressional district from 1976-1977 and again from 1979-1985. He represented the Texas 14th congressional district from 1997-2013.

However, the video interview below explains why gold is no longer the best choice for a sound currency. The interview is with Ben and Collin Prentice who created the WTF Happened In 1971? site. These savvy Millennials are advocates of Bitcoin which they believe solves many of society’s problems. Ben says that, contrary to what boomers believe, gold has failed as a currency because a politician like Nixon could decouple it from our money supply at the stroke of a pen — and one politician destroyed the world’s economic system. So, they believe that bitcoin may be the ONLY chance for sound money because it cannot be controlled by anyone and turned into a fiat concurrency.

Many wise investors have diversified their portfolio with gold. However, since the introduction of bitcoin in 2009, even more savvy people have hedged their bets by getting into cryptocurrencies. The chart below shows that was a profitable choice. As gold rose about 30% from March to August this year, bitcoin soared about 130%.

The Inevitable, Imminent US Digital Dollar
The Coming US Digital Dollar (Part 1): What it is, and Why it Matters is a June 24 article by Dr. Garrick Hileman that explains why the US Digital Dollar is now inevitable and imminent. His bio says he is:

Head of Research at Blockchain.com and Visiting Fellow at the London School of Economics Garrick is best known for his research on monetary and distributed systems innovation, particularly cryptocurrencies and blockchain technology. Garrick was ranked as one of the 100 most influential economists in the UK & Ireland. He is a regularly invited speaker to various private and public sector institutions, including the CIA, US Army and Naval War Colleges, Federal Reserve, Bank of England, Bank of International Settlements, and the Financial Stability Board. Garrick is also frequently asked to share his research and perspective with the media, including the BBC, CNBC, FT, WSJ, and NPR.

The article warns:

Just over twelve months ago, few thought the creation of a new US digital dollar…would soon be on the policy and legislative “front burner” in Congress, the Federal Reserve, and other regulatory bodies….. But over the past twelve months there were several major developments that together have radically shifted forward the probability of introducing a broadly held and transacted US digital dollar:

Facebook’s ambitious global Libra currency was announced in mid-June 2019, and it would be underpinned by blockchain technology…to service Facebook’s billions of users.
China began testing in April 2020 its digital yuan, the DCEP (Digital Currency Electronic Payment)
US-China strategic competition and geopolitical tensions escalated
The coronavirus pandemic struck, painfully demonstrating the antiquated nature of US monetary and financial infrastructure
The ongoing growth in stablecoin and cryptoasset use, which present ever-growing competition to traditional fiat currencies.
Because Facebook is a global company, the world’s banks are afraid people around the world might switch to Facebook’s Libra digital currency. Amazon also has a digital currency. Coins by Facebook and Amazon are called “stablecoins”. JP Morgan Chase came out with its own digital coin in 2016. This key and growing shift in currency is happening outside the awareness of many Americans.

The article adds:

In late-March US digital dollar legislation was first introduced in Congress, and a subsequent growing stream of Congressional testimony, policy research papers, and various lobbying initiatives and proposals indicate growing momentum behind the creation of a US digital dollar….

The interest in a US digital dollar, and central bank digital currency more generally, was inspired early-on by the success of cryptocurrencies like bitcoin (BTC) and its underlying technology…..Bitcoin has reliably operated for over 11 years now, and surveys show awareness of bitcoin registering at over 80% in many countries. Tens of millions of people around the world own bitcoin, and it has a market value at present of approximately ~$175 billion USD.

While it is no longer credible to completely dismiss bitcoin’s extraordinary success, the vast majority of people still (quite understandably) do not yet use bitcoin, and this is due at least in part because they find cryptocurrency to be confusing. Indeed, the way bitcoin is primarily used today — less as a currency for payments and more as a scarce, “hard” asset that is frequently compared to gold — has led some including former-Bank of England Governor Mark Carney to state that bitcoin is misleadingly labeled when referred to as a currency. Instead of being called “cryptocurrency”, Carney and others believe a more accurate classification label for bitcoin is “cryptoasset”….

Increasingly, a US digital dollar is viewed not only as inevitable, but necessarily imminent…. it already is clear that the lack of a US digital dollar had a severe negative impact on the ability of the government and Federal Reserve to address the current pandemic. A US-government supported digital dollar (and wallet software) would have been extremely helpful in meeting the goal of rapidly deploying financial assistance to hundreds of millions of American citizens during this crisis.

Beyond speed, a US digital dollar would also offer a host of other benefits compared to mailing checks and other payment methods, including:

Efficiency: Reducing the cost of payment delivery, which may run into the tens of millions with postal costs, etc. for checks.
Financial inclusion: Facilitate payment to individuals lacking access to bank accounts or low-cost check-cashing services.
Support the most vulnerable: Help ensure payment to some of those most in need who lack a physical mailing address, or those who have relocated recently (eg students).
Efficacy: The receipt and use of digital payments can be more easily tracked to ensure individuals have received financial support and solve the significant “lost check” problem.
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Such benefits, which are arguably just the tip of the total US digital dollar benefits iceberg….combined with the need to respond to competitive challengers like the digital yuan, Libra and decentralized cryptocurrencies like bitcoin, make the case in favor of a digital dollar extremely compelling.

The Coming US Digital Dollar: Why It Matters
The LA Blockchain Summit was livestreamed on October 6 and 7 and was watched by 40,000 people. The 40 hours of recorded sessions are now available. Blockchain technology is the platform for digital currencies much like the internet is the platform for email. These sessions are like attending university-level courses taught by top people in the field. It is amazing that all this information is available for people to watch for free at their convenience from home!

Part 1 is posted below, and the full playlist can be seen here.

The Coming US Digital Dollar — What it is, and Why it Matters is a session with Dr. Hileman and can be seen on Stage 2 of the October 7 livestream from about 6:54 to 7:14.

Dr. Hileman’s website is: https://www.blockchain.com/. He is currently a researcher at the London School of Economics, where he also received his PhD.

US Digital Dollar: News and Warnings
The following 2020 articles show how close we may be to a digital dollar now.

Forbes 3/24/20: Shock U.S. Digital Dollar Proposals Set Bitcoin And Crypto Prices Alight
Forbes 7/1/20: US Moves Closer to Digital Dollar reports: “On June 30th, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency – the DCEP, which will be included in popular applications like WeChat and AliPay. Of particular concern is widespread adoption of a digital yuan in emerging markets and in international trade.”
Wall Street Journal: The Coming Currency War: Digital Money vs. the Dollar – “Central banks are getting closer to issuing their own digital currency. If they do, the dollar might finally face real competition as the world’s dominant currency.”
Coindesk 8/13/20: The Federal Reserve Is Experimenting With a Digital Dollar
Bitcoin.com 8/14/20: US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT “In addition to the Fed investigating a CBDC, Congress has proposed a number of bills discussing the invocation of a digital dollar this year. A Digital Dollar Foundation was also created in the U.S. this year.”
The Circle Is Complete: Bank of Japan Joins Fed and ECB in Preparing Rollout of Digital Currency. This 10/9/20 article says “the world’s central banks are quietly preparing to unleash digital currencies on an unsuspecting population.”
Videos
The New Digital Dollar Is Coming — Discusses the dangers of a US digital dollar, including negative interest rates, and why having bitcoin (rather than gold) is an important protection.

Government Digital Currency: Why You Should Be TERRIFIED! — The video warns that it may be inevitable and imminent for the government to ban cash. If the government imposes negative interest rates (even as high as 5%) on the US digital currency, people will not be able to withdraw their money and may not be able to save the currency. The video explains how the digital dollar could be tied to each person’s “Social Score” – as in China – and used for control of each person’s everyday activities. It warns that bitcoin may be banned and gold confiscated!

The Next Steps Now?

Brave - The Browser Built for Privacy
The video fails to explain that while the government may ban the USE of cryptocurrencies, it cannot ban or confiscate true cryptocurrencies because they are protected by the blockchain – the underlying technology for peer-to-peer, decentralized, anonymous and uncensorable exchange. A ban on cryptocurrencies would force more people into a black or gray market. The COVID restrictions on businesses had the same effect on some major retailers this year. For example, one retail outlet whose store was marked “closed” was in full (but well-hidden) operation not far away.

So, there are only two credible existential threats to cryptocurrencies: quantum computing and an EMP (electro-magnetic pulse) that takes down the entire grid. In the latter scenario, we’d have a lot more to worry about than how to spend our money.

The number of Americans invested in cryptocurrencies almost doubled from 7.95% in 2018 to 14.4% in 2019, an increase of 81% in one year. However, it can be daunting figuring out how to get started just relying on books or online videos. The best approach might be to find people who have invested and ask them for help getting started. It’s remarkable how easy it is then. Finder’s Guide to Cryptocurrencies may be able to help with key terms, providers and players in the crypto world.

It is not necessary to buy a whole bitcoin – which costs over $11,000 now. See the current price at CoinMarketCap. The satoshi is currently the smallest unit of the bitcoin currency recorded on the blockchain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). So, one bitcoin is 100,000,000 satoshis. The unit was named for Satoshi Nakamoto who is credited with creating bitcoin in 2009.

Once you get a “wallet”, you can buy a variety of cryptocurrencies and use them to make purchases. You can take your first position at Activist Post’s recommended source: Coinbase. The KEY if you use a private wallet like Jaxx.io is to make sure you secure your 12-word Back Up Phrase! Since you are the only one who has that password, if you lose it, you will lose all your cryptocurrencies in that wallet! There will be no way to recover your password or your money! So, keep a printed copy in your safe or another secure place you will remember.

There are many potential advantages to learning about the blockchain and investing in cryptocurrencies. For example, the purse.io site offers a 5-10% discount for purchases on Amazon made with bitcoin (BTC) or bitcoin cash (BCH). How To Invest in a Bitcoin IRA: The 5 Best Crypto IRAs explains that up to $7,000 can be invested in a bitcoin IRA each year and is tax deductible.

Join the Counter Markets newsletter to keep up-to-date on the crypto world. You also save 40% if you pay with a cryptocurrency.

People who fail to take action now may forever regret that decision starting as early as January 1, 2021.

Also See from Spiro Skouras: The Banking Digital Arms Race
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex, and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators’ websites before making any decision. The author may have holdings in the cryptocurrencies discussed.

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