Just some thoughts about my new novel . "The origins of the planet of the ap ... bitcoin"
1.- After 1971 Nixon removes US dollar from the gold standard and the Petrodollar era starts. US protects all Oil producer countries and all the Oil is sold and bought on petrodollars. US does not need to cover their printing press on a backed on gold currency and can print all they want as it has the rest of the world caught by their balls (oil).
2.- After many many years US shifts from a producer economy model to a full importer. US is in fact just exporting more and more debt based on US dollar. Producing every time less and less for the rest of the world.
3.- This printing problem creates bubble after bubble and after 2008 instead of making the responsibles of the last one pay for it, the bankers do not have to pay the bill and are in fact encouraged via bonuses to create a higher and higher bubble. World economy shifts from a producing one based on true capitalism where things that work evolve against those that not that default to a model where the system is rigged and everything is in fact in the hands of Central banks.
4.- During Obama administration last years the printing speed increases. In the middle of a real currency crisis the rest of the world only has the possibility to print even more than US. All the printed money from all the world is directly going to bank hands, not reaching yet the base of the economy (citizens). The absolutely low interests makes that the banks do not have any interest on lending the money to citizens, also the printed money, not reaching the citizens limits the amount of inflation to the economy.
5.- The Bond market has been very low since the 80s. A few days ago, the 10 year yields is catastrophic and bond investors flee in masse with great losses. It is expected that the bond yields will increase radically in a few months, getting the price of money to a pre 80 era.
Until now is more a less what i think has been happening. Now some thoughts that I think might happen
6.- At the end of 2013, beginning of 2014 and due to the bond huge crash, the price of money goes to 3% making a defacto increase of interest rates. All the stock markets that were pumped up to historic levels by the "promise" of indefinite quantitative easing crash to really low levels. The pigs (late investors, normal citizens) not having any place to put their money due to low interests moved it to the only place they could, stocks but very late and ineficciently have now suffered incredible losses.
7.- The stock market is still goind down and everyone around the world is in shock. Gold/silver explode up. Bitcoin aswell. The increase of interest rates makes the bank to start sending money they received from the printing press to the citizens. Inflation starts to grow at incredible rate.
8.- The World economy is in a really bad shape. US continues printing more and more as do the rest of the world. Salaries are the same everywhere but prices are skyrocketing. Japan has a really big crisis, has been living off their savings for many years and after many years of abenomics it seems is still in the beginning point. China many bubbles are exploding. Europe is also on crisis with continuous limitations to the state of wellfare.
9.- Only those with gold, silver, palladium, platinum and bitcoin are resisting the increase of the prices due to the hyperinflation reaching values against fiat never seen. Citizens around the world complain and revolt. Hard limitations to democracy are initiated all over the world to control population. Many world leaders are at this moment openly against US dollar as a reserve currency and reclaim the end of Bretton Woods. They reject US Treasuries and avoid as much as possible the dollar. Everybody wants to end the currency war. Nobody wins in this type of wars.
10.- Major world leaders after many months of talkings decide to set bitcoin as World international interchange currency as one of the limited ways to avoid global chaos. Why? It is instant. Although anonymous (somewhat) it preserves every single transaction ever done and that will help hugely against fiscal evasion and fiscal paradises. It is limited (like a gold standard). It is global and suitable for an internet and global economy. Bitcoin price skyrockets. US continues printing more and more dollars. The value of the dollar is ridiculous at this moment and 1 trillion dollars is the price of a car like in zimbwawe dollars at the moment. United states easily pays the debt it has all over the world.
I have not decided the end
Maybe, just maybe ... NSA again using cunning methods has again managed to fulfill their objectives: It has now a currency where every single transaction is controlled. A currency that even the worst enemies can't avoid payments in their own country, a currency that is forever to stay all over the world no matter what happens.
In the same way that Cia invested on the beginnings of Google, Facebook or in the same Internet and under the skin of a colourful and funny lettered friendly sheep there was a metal wolf spying on all the world, now Bitcoin has emerged as a full currency for every single person in the world. Central Banks and fiat money, a horrible sickness affecting the world has been cured. But one question that still stands is why would one country owning the key to the petrodollar and the chicken of the gold eggs (printing press) passing debt to the rest of the world for nothing would just stop doing that? Maybe that question can be answered with another one ... who is satoshi? who is the owner of the initial bitcoins ...? deja vu?
Or Maybe not and just everyone Won. US payed his debt. We have a global instant payment method and transparent like nothing before. No fiat based. Hyperinflation is gone forever and maybe the reasoning behind many wars to defend the petrodollar. An incredible tool transparent like glass to avoid corruption and help make sure we all play under the same rules (check this video from TED about corruption facilitators
http://www.youtube.com/watch?v=Nhx1_yXMwCg). In Europe a huge amount of 500 € notes are on hidden economy. So many that some politicians have thought about removing them from circulation, giving the rightfull owners some time to explain where does that money come from and get an approved changed note. Bitcoin can do that at World scale. Just deflate the hell out of all fiat paper notes and let everyone slowly move to Bitcoin where everything will be written. Zerocoin? They are already talking about only allowing to anonymize for lower bitcoin values. They won't allow such a powerful tool to live or they will try to stop it at least by any mean. Remember what happened with the creator of PGP? crystal monetary transactions could be the end of corruption (economical and political). Even the most complicate network of hidden companies in fiscal paradises might be traced using the blockchain..
Buy bitcoins now. It can really change the world !!
