Im pretty sure it was nash who created bitcoin as an ideal currency.. Maybe under nsa but hes been saying it for decades that decentralized ledger is the way to go for economic token.. He published papers to the govt about this.. Hes really the only one qualified with incentives to invent something like bitcoin.
John Nash suffers from a mental "illness" (haha, I think he and I have something in common then, lol). Links for readers: http://bitcoinpricelive.com/john-nash-satoshi-nakamoto-bitcoin/The post on Bitcoin Talk forums goes into much more details about how John Nash was possibly in contact with people known to be at the start of Bitcoin such as: – Nick Szabo: Created BitGold[1] and knew Hal Finney – Hal Finney: Proof of Work Systems – David Chaum: E-cash developer and NSA connection – Adam Back: Creator of Hash Cash The post lists other contributors as well. I have only seen one photo claimed to be Nick Szabo and it has since disappeared from the internet. I am not sure if he is a real person. Another theory: http://www.fastcompany.com/1785445/bitcoin-crypto-currency-mystery-reopened |
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Jim Rickards? Please. He works for the CIA. Research it.
Indeed he contracted for the CIA and openly admits it. You need to take off your tin foil hat and understand the world is not black and white. There are many shades of grey and other colors too. He can contract for the CIA without making him David Rockefeller. Even the elite have to be careful because the underlings can't be kept as perfect robots by top-down edict. The way the elite rule is by compartmentalization. By definition this means the underlings don't know everything and they also don't know they are working for some master plan. Rickards is even deluded on some aspects. tabnloz, very good. You've almost got it entirely.
Cash is going away. They are phasing it out such as by lowering the ATM withdrawal amounts, confiscating cash at borders, and civil forfeiture laws in the USA where they take your cash for any suspicion of illegal activity and they don't need to prove it (your cash is guilty until proven innocent, because it doesn't have human rights!).
The elite appear to be using Bitcoin to force the banking systems to go electronic in order to compete. Realize the elite can't rule by top-down edicts, because they would become the target of organized resistance. The elite rule by clever deceptions. I believe Bitcoin was created with an elite team of cryptographers from the NSA with funding from the DEEP STATE, i.e. the $2.3 trillion that Donald Rumsfeld admitted on the eve of 9/11 was missing from the Pentagon budget (cumulatively over the decades).
I believe that elite team intentionally (secretly subverting the DEEP STATE that contracted them) or inadvertently launched a market for a real anonymous currency and internet. I believe we can invent crypto-currency that can protect us and work as cash did and with extra beneficial features. Thus I believe Bitcoin will not be the only popular altcoin. But the proof of this will be in the pudding so to speak. Someone has to actually invent something worthwhile.
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Jim Rickards has suggested that the Central Banks are allowing China to get more physical gold with the idea that a currency reset needs consensus among the players. Rickards suggests that the metric that will be used will be based on gold reserves (that are aligned pretty close to each major player's GDP). So, if China were to have about the same gold reserves as the USA, a reset could be worked out balancing each country's interests and clout.
I had also thought of the same thing that Rickards is saying. |
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Jim Rickards has suggested that the Central Banks are allowing China to get more physical gold with the idea that a currency reset needs consensus among the players. Rickards suggests that the metric that will be used will be based on gold reserves (that are aligned pretty close to each major player's GDP). So, if China were to have about the same gold reserves as the USA, a reset could be worked out balancing each country's interests and clout.
+ 1 for mentioning that Armstrong would reveal his best predictions for subscribers. That would only make sense. Predicting exact times is very difficult and a fool's game for us "99%-ers" (referring to Knowledge Age, not wealth).
I had also thought of the same thing that Rickards is saying. Armstrong has a more precise day for the gold bottom that paid subscribers know, and he has alluded to it in his public blog as "the benchmarks". |
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tabnloz, very good. You've almost got it entirely.
Cash is going away. They are phasing it out such as by lowering the ATM withdrawal amounts, confiscating cash at borders, and civil forfeiture laws in the USA where they take your cash for any suspicion of illegal activity and they don't need to prove it (your cash is guilty until proven innocent, because it doesn't have human rights!).
The elite appear to be using Bitcoin to force the banking systems to go electronic in order to compete. Realize the elite can't rule by top-down edicts, because they would become the target of organized resistance. The elite rule by clever deceptions. I believe Bitcoin was created with an elite team of cryptographers from the NSA with funding from the DEEP STATE, i.e. the $2.3 trillion that Donald Rumsfeld admitted on the eve of 9/11 was missing from the Pentagon budget (cumulatively over the decades).
I believe that elite team intentionally (secretly subverting the DEEP STATE that contracted them) or inadvertently launched a market for a real anonymous currency and internet. I believe we can invent crypto-currency that can protect us and work as cash did and with extra beneficial features. Thus I believe Bitcoin will not be the only popular altcoin. But the proof of this will be in the pudding so to speak. Someone has to actually invent something worthwhile.
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Cross-posting from the Economic Devastation thread... ...
Normally the comments on ZeroHedge are pretty good. However, the posters there seem to blindly support rage pieces like this one without understanding that the rage will only make things worse.
Rage without insight is more then useless. Such anger is easily manipulated and will be directed into an attack on the productive elite and small businesses.
...
With each raging assault on the hated rich 1% red cape the bull is confused to find that its wounds have deepened. It responds by attacking the cape with more vigor.
The proper response to this spectacle is not rage but pity. The bull has been brought up and trained its entire life to ignore the torero and has no chance. The only logical choice is to opt out. Don't be the bull and make sure you are not the easily targeted red cape. CoinCube is started to get the deeper points I bolded below. Note from the poll results and comments in the one world reserve currency thread, that most people are really confused. It will take them a couple of years of reading my teachings before they will realize I AM CORRECT. A singe currency is as feasible as world peace.
China, Russia, the UK, the US, North Korea or Japan will never accept a currency out of their direct control.
Readers don't read, or lack reading comprehension. Why don't you try again to read the thread. The national currencies will float against the reserve currency. The coming global crisis will sink further and further into the abyss until the nations agree to a monetary reset and the only way they will ever agree is if that new monetary reserve unit is not controlled by the USA as it is now. ... Also Armstrong is contradicting himself on claiming above that the impetus for a move to a one-world reserve currency will be only for economic reasons and "not political". https://www.youtube.com/watch?v=AxOUyPKA_vg...we are going to go to some sort of new international reserve currency because there have been a lot of political problems with it [the dollar, i.e. one nation's debts being financed on the back of the world using that nation's currency as a reserve]... http://armstrongeconomics.com/2015/03/10/the-one-world-currency-not-arriving-voluntarily/I “believe” we will be forced into that one-world currency because of the collapse of the Euro and the contagion that will impact Japan. It will become the “solution” to hide the default on socialism. We are already in a declining trend since 2007 for all economies outside the USA. The USA is the only thing holding this thing up. When the global economy turns down, watch the finger-pointing.
The Sovereign Debt Crisis will cause the new currency to emerge for this is how they default. I would like to think that our proposal could be usurped and we end the borrowing, which nobody intends to repay anyway. But let’s be realistic. The collapse will be forced upon the world because of the failure of Marxism. That is the key. The very fundamental idea that government is capable of managing the economy. The elite have planned this out a long time ago. They BIS Basel rounds have been preplanned for a long time and they slowly are increasing the Tier 1 capital requirements on banks. This will force mark-to-market and everything will collapse. From that political problem, the world will have no choice but to accept a monetary reset, and the only way to get all the nations to agree to a reset will be for the power of the reserve currency to not be held by any one nation. So that power will be transferred to an international entity. The elite will pretend it is a fair entity that has representation from all the nations, but as always, they will control this institution. Armstrong wrote the following posts to try to refute what I had written as quoted below. http://armstrongeconomics.com/2015/03/11/rothschilds-fact-or-disinformation-to-protect-the-guilty/http://armstrongeconomics.com/2015/03/10/the-one-world-currency-not-arriving-voluntarily/http://armstrongeconomics.com/2015/03/10/federal-reserve-confusion/http://armstrongeconomics.com/2015/03/10/negative-interest-rates-brain-dead-thinking-that-will-implode-the-world/...This will cause an acceleration of capital flow into the USA, driving the USA stocks to a phase transition bubble near 40,000 by 2017. The Fed will react by raising interest rates, seeing this as an opportunity to unwind their balance sheet and to pretend to be protecting the 99% against the 1% who profit on stocks. (Note Armstrong doesn't seem to understand the Fed will do this because TPTB want the masses to beg for their own demise, its all part of the master plan towards a one-world reserve currency and global Technocracy. Armstrong doesn't understand that at Bilderberg meetings a smaller group of less than a dozen meet to discuss the real plan for the world, he isn't inside the top most circle) This rise in interest rates will cause the rest of the world (which is short the dollar due to borrowing all the QE which ended up invested outside the USA) to collapse, thus killing the USA exports from both reduced international demand and a stronger dollar. USA should thus follow into terminal decline in 2017. Dominoes falling... ... |
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...
Normally the comments on ZeroHedge are pretty good. However, the posters there seem to blindly support rage pieces like this one without understanding that the rage will only make things worse.
Rage without insight is more then useless. Such anger is easily manipulated and will be directed into an attack on the productive elite and small businesses.
...
With each raging assault on the hated rich 1% red cape the bull is confused to find that its wounds have deepened. It responds by attacking the cape with more vigor.
The proper response to this spectacle is not rage but pity. The bull has been brought up and trained its entire life to ignore the torero and has no chance. The only logical choice is to opt out. Don't be the bull and make sure you are not the easily targeted red cape. CoinCube is started to get the deeper points I bolded below. Note from the poll results and comments in the one world reserve currency thread, that most people are really confused. It will take them a couple of years of reading my teachings before they will realize I AM CORRECT. A singe currency is as feasible as world peace.
China, Russia, the UK, the US, North Korea or Japan will never accept a currency out of their direct control.
Readers don't read, or lack reading comprehension. Why don't you try again to read the thread. The national currencies will float against the reserve currency. The coming global crisis will sink further and further into the abyss until the nations agree to a monetary reset and the only way they will ever agree is if that new monetary reserve unit is not controlled by the USA as it is now. ... Also Armstrong is contradicting himself on claiming above that the impetus for a move to a one-world reserve currency will be only for economic reasons and "not political". https://www.youtube.com/watch?v=AxOUyPKA_vg...we are going to go to some sort of new international reserve currency because there have been a lot of political problems with it [the dollar, i.e. one nation's debts being financed on the back of the world using that nation's currency as a reserve]... http://armstrongeconomics.com/2015/03/10/the-one-world-currency-not-arriving-voluntarily/I “believe” we will be forced into that one-world currency because of the collapse of the Euro and the contagion that will impact Japan. It will become the “solution” to hide the default on socialism. We are already in a declining trend since 2007 for all economies outside the USA. The USA is the only thing holding this thing up. When the global economy turns down, watch the finger-pointing.
The Sovereign Debt Crisis will cause the new currency to emerge for this is how they default. I would like to think that our proposal could be usurped and we end the borrowing, which nobody intends to repay anyway. But let’s be realistic. The collapse will be forced upon the world because of the failure of Marxism. That is the key. The very fundamental idea that government is capable of managing the economy. The elite have planned this out a long time ago. They BIS Basel rounds have been preplanned for a long time and they slowly are increasing the Tier 1 capital requirements on banks. This will force mark-to-market and everything will collapse. From that political problem, the world will have no choice but to accept a monetary reset, and the only way to get all the nations to agree to a reset will be for the power of the reserve currency to not be held by any one nation. So that power will be transferred to an international entity. The elite will pretend it is a fair entity that has representation from all the nations, but as always, they will control this institution. Armstrong wrote the following posts to try to refute what I had written as quoted below. http://armstrongeconomics.com/2015/03/11/rothschilds-fact-or-disinformation-to-protect-the-guilty/http://armstrongeconomics.com/2015/03/10/the-one-world-currency-not-arriving-voluntarily/http://armstrongeconomics.com/2015/03/10/federal-reserve-confusion/http://armstrongeconomics.com/2015/03/10/negative-interest-rates-brain-dead-thinking-that-will-implode-the-world/...This will cause an acceleration of capital flow into the USA, driving the USA stocks to a phase transition bubble near 40,000 by 2017. The Fed will react by raising interest rates, seeing this as an opportunity to unwind their balance sheet and to pretend to be protecting the 99% against the 1% who profit on stocks. (Note Armstrong doesn't seem to understand the Fed will do this because TPTB want the masses to beg for their own demise, its all part of the master plan towards a one-world reserve currency and global Technocracy. Armstrong doesn't understand that at Bilderberg meetings a smaller group of less than a dozen meet to discuss the real plan for the world, he isn't inside the top most circle) This rise in interest rates will cause the rest of the world (which is short the dollar due to borrowing all the QE which ended up invested outside the USA) to collapse, thus killing the USA exports from both reduced international demand and a stronger dollar. USA should thus follow into terminal decline in 2017. Dominoes falling... ... |
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coinits, calm down you are preaching to the choir. You perhaps don't realize I wrote the syndicated essay Bitcoin : The Digital Kill Switch. I am the one who has been writing that Bitcoin is owned by TPTB. In spite of the arguable fact that Bitcoin is controlled by the global elite, my guarantee that it won't be the "winner take all" global currency remains certain. First of all, simpleton readers don't seem to understand the distinction between a reserve currency and a circulating currency. Crypto-currencies are the latter. Dollar and Euro cash are examples of the latter. US Treasury and Euro-denominated bonds are the former (Tier 1 reserve assets in the BIS Basel model). IMF SDRs are the former. The global elite are planning for a national (or regional) currencies floating against a global reserve currency. And they are planning for circulating currencies which are all digital. Bitcoin is one gambit in that mix. |
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Some other endorsement of M.A. if anyone is interested: HereAn interesting back and forth thanks for sharing. No it is not interesting. It is uninformed idiots making erroneous noise akin to listening to a child bang pots and pans to together. Anti ArmstrongIf you read his blog, Martin Armstrong keeps pushing stuff back. Now a lot of his posts are talking about 2017 when SHTF. Keep pushing dates back and you will eventually get it correct. But in terms of overall big trades, I haven't been impressed with any of his forecasts recently. For example, he didn't call the huge decline in energy markets over the past 6 months. In fact, back in December once prices had been routed, he was posting they would go much lower. So obviously he missed the recent rebound in energy prices completely.
Gold was supposed to drop below 1K in 2014 according to him. Big miss. DOW was supposed to trade between 23K-40K according to him. Big miss. Then recently he claimed the DOW was supposed to trend down into May, and seems to have already changed that call. Lots of changes and misses for someone who always claims to be correct. He is painted into a corner with his 2015.75 prediction. Will be interested to see if he pushes that back too. ... All lies.I can see where someone who reads a few of Armstrong's blog posts out-of-context would have made the assumptions he is making. I too early on thought Armstrong was saying certain predictions. I learned later that I had to have a holistic view of all his blog posts in order to understand the complex nature of his predictions. Armstrong's position all along (since before 2011!) was that gold will decline to $1000 or below ($680 is the lowest) and the earliest possible target was Q1 2014, but he had made it clear in other blog posts (well before that time frame) that the low was not due before 2015.75 at the latest. Armstrong did in fact call the huge decline in the energy markets. In fact he even called months before (in public blog post) for the closing price on Dec. 31, 2014 to be below $57 (which was the exact closin price for the year! Fucking amazing!). That idiot did not buy his paid report on that. He also didn't buy his paid report on gold. Armstrong reserves the details on his predictions for paid subscribers. If you are not paying, then just shut the fuck up, because you don't have access to the specificity. I can actually figure out the specificity without paying, because I have read everything and so now I am inside of Armstrong's mind (and thus inside his computer). Remember I am a programmer. I can hold a 100 variable state machine in my head. I can deduce things from a correlation. Mere mortals will need to pay, to have it explicitly spelled out for them. His DJIA prediction was always predicated on whether the DJIA would invert and align with private assets. If yes, then the high would come in 2017 than by 2015.75. Armstrong had always said that 2017 was more likely. He didn't push any thing back. The idiot readers are pulling information out-of-context. |
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He even failed to read the thread, because his first post was accusing me of being in support of Kurzweil's Singularity nonsense.
Are you going for a world record example of being a hypocrite? It says right in my post: "Can't believe this post is still going. I can't remember, was the Anonymint age of knowledge thing supposed to inevitably lead to the creation of AI or not?" Hey idiot, you just quoted yourself accusing me of being in support of Kurzweil's Singularity nonsense.  The accusation was contained in an intentionally rhetorical question. It was effectively saying, my recollection is that iamback (aka AnonyMint) was supporting Kurzweil's Singularity (AI taking over humans). P.S. if he had read the thread, then just a few weeks ago upthread I was reiterating[1] my position that Kurzweil is nonsense. |
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Seems many readers are confusing Bitcoin with this thread. Bitcoin can never become a reserve currency, because the $200+ trillion of global wealth is not going to be placed in a speculative investment. (Stop with your fantasies about scaling over time, you don't have a clue about reality) Large capitalists are conservative. They want safety of capital firstmost, then a steady average ROI. There will never exist such as a thing as a single crypto-currency that is decentralized. It can't exist. Bitcoin is not decentralized. True decentralization will only come from multiple competing currencies, thus of course these can never be the reserve currency. My thesis is that the Knowledge Age (we are leaving the Industrial Age) reduces the demand for stored monetary capital and increases the demand for stored knowledge capital. The Industrial Age (which is moving towards 0 or negative profit margins in China) required large amounts of fixed capital investment, thus a high demand for stored monetary capital. The factory worker and factory engineer are economically insignificant compared to the NAV capital costs of the factory infrastructure. Whereas the high profit margins are moving towards the knowledge production sector (software programming, marketing, etc). The Industrial Age is dying economically and along with it will die the demand for stored money. The larger the capital, the less effectively one will be able to invest it with a positve ROI. Thus we don't need crypto-currency to be a reserve currency. Let the oligarchs (and the socialist sheeople/masses) have their reserve currency and enslaved nation-state governments. That is all part of the process of that paradigm dying. The Knowledge Age will rise with competing crypto-currencies. Bitcoin will not "winner take all". I guarantee you that. |
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10 useless coins won't, but several useful coins will.
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A singe currency is as feasible as world peace.
China, Russia, the UK, the US, North Korea or Japan will never accept a currency out of their direct control.
Readers don't read, or lack reading comprehension. Why don't you try again to read the thread. The national currencies will float against the reserve currency. The coming global crisis will sink further and further into the abyss until the nations agree to a monetary reset and the only way they will ever agree is if that new monetary reserve unit is not controlled by the USA as it is now. |
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Some other endorsement of M.A. if anyone is interested: HereThose guys are quoting him out-of-context as CoinCube tried to do about the weather. Armstrong develops complex ideas over a series of blog posts. You can't cherry pick one blog post and call that a prediction. The predictions issued by the computer are complex and including many "what if" scenarios. He has been correct on gold. For example, he never claimed it would "go to $907 in 2 weeks" nor specifically in Q1 2014. |
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Three days before the 10 year anniversary of the attack on 9/11/2001, I referred to a debate I had with Noam Chomsky. http://esr.ibiblio.org/?p=3689#comment-321944The events leading out of feudalism appear to be attempts to free humanity from the slavery of unmotivated passive capital, whose power was sustained by the marriage of state and religion (which outlawed the “sin” of usury), by using debt to bypass and compete against hoarded private capital. I wrote previously that gold can’t be the only money, otherwise passive capital enslaves all the future innovation, because all profits are captured as a deflation relative to gold. Appears mankind has been oscillating between debasement blowback (Roman empire and now) and no debasement motivating capital hoarding (feudalism).
The fundamental problem is that in a material world, the transactional cost in The Theory of the Firm (thanks Winter), enables the corporate capital to accumulate faster than for those who produce the knowledge. However, I think we are entering a radical paradigm shift, where knowledge (the mind) becomes much more valuable than material production. Because industry can be automated (see the $1200 3D printer) but the knowledge isn’t static and can’t be automated. I refuted Kurzweil’s Singularity and debated Chomsky on Hume’s mitigated skepticism (the upshot is I argue that abstract math and infinity exist and are equivalent to the never ending universal trend to maximum entropy). |
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The point was not about arguing who was first. I never accused him of reading what I wrote and stealing it ('repeating' is not a synonym for 'stealing'). I am amazed at the low level of reading comprehension that most people have. The point was he didn't read my link, thus he didn't read my essay and wasted my time by saying I didn't write what I wrote. People who waste my time by refusing to read what is posted, go on ignore (not the site's ignore feature, just me ignoring them even I can see their posts). He even failed to read the thread, because his first post was accusing me of being in support of Kurzweil's Singularity nonsense. Then I provided him a link to my essay and told him he was mistaken. He didn't even bother to read that, before he went off on another tirade of incorrect accusations. I am probably first, since I was writing those ideas back in Feb. 2011 and I was contemplating them earlier than that. Also my expose is much more foundational and complete from a generative essence goal. He can get off my lawn now. |
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---------------------------- Original Message ---------------------------- Subject: Armstrong’s lame ass rebuttal is “names of the banksters” change From: iamback Date: Thu, March 12, 2015 12:05 pm To: "Armstrong Economics" < armstrongeconomics@gmail.com> -------------------------------------------------------------------------- Armstrong’s lame ass rebuttal to this thread, does not address the allegation that the one world reserve currency will enslave the nations, because he knows damn well that I am correct. Is Armstrong working for the global elite? Or did they brainwash or hypnotize him in prison? Why can't he refute or admit I am correct? Instead he points out that the names of the global elite change. Whoop-dee-doo! So what  People die, others take over. Transfers of power occur. Nevertheless the global elite (a.k.a. banksters) remain there doing what they do. http://armstrongeconomics.com/2015/03/12/the-ny-boys-are-the-modern-medici/QUESTION: Mr Armstrong; Thank you for clearing up that persistent rumor that the Rothschilds are the culprit. That is sort of believing that the Medici are still running the Vatican and are the bankers who are in charge of the world. Why do people constantly create grand conspiracies when the truth is right before their eyes? I reread your Behind the Curtain writing. No wonder mainstream press will not write about your amazing track record. The real conspiracy is to protect New York who are the new Medici and Rothschilds of the 21st Century. Correct?
Thank you so much for you courage. It has been inspiring.
Rob
ANSWER: Absolutely. It is like the stories of alien abduction. If the government has secret technology that gets exposed, the best way to cover it up is to exaggerate it and you suddenly convert a genuine sighting into a conspiracy theory. They have done the same with everything.
We use to publish forecasting on Bloomberg. Yet, I have been erased from their computer terminals based upon what so many who have reported. In the movie, there is a clip from Bloomberg TV. When they went to Bloomberg and asked for footage, they said there never was any. The movie producers had to find that privately and then went back to Bloomberg for permission to use it. They were shocked it existed. Reality is just not what people think. They went to the New York Times and others asking to be interviewed for the movie – they all declined. They went to the government and judges. They too all refused any comment. What is everyone protecting? It ain’t the Rothschilds and Medici.
You look for patterns. What does New York have in common with Rothschilds of the 19th century? They ensure governments were dependent upon them for loans. Just follow the money. The Rothschilds are not the Primary Dealers who sell US debt – that is the NY Boys. Look at the Medici. They installed people as Pope. Is there anything different from that strategy and buying elections today and installing key people at the head of central banks (Mario Draghi) or the head of US Treasury (Robert Rubin, Henry Paulson). Just follow the money and you will find history repeat because the PASSIONS of man never change. It’s just like a giant Shakespeare’s play acted out for centuries. The plot is always the same – only the actors change. Putting out grand conspiracy theories about the Bilderbergs and Rothschilds are cover-up for the NY boys. There is absolutely NO WAY Bloomberg or even the New York Times would report how successful our model has been. To do that opens the door to exposing my adversaries. So it is best to pretend I do not exist. That is standard operational procedure. |
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Haven't read it before.
I gave you the link to my essay the first time I replied to you. Readers who ignore my links get ignored by me. You are now on ignore. |
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