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AnonyMint (OP)
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July 09, 2014, 08:49:45 PM
Last edit: July 09, 2014, 09:21:58 PM by AnonyMint
 #221

---------------------------- Original Message ----------------------------
Subject: The rise of Asia will coincide with global chaos
From:    AnonyMint
Date:    Wed, July 9, 2014 4:43 pm
To:      "Armstrong Economics" <armstrongeconomics@gmail.com>
--------------------------------------------------------------------------


http://armstrongeconomics.com/2013/11/04/15435/




My interpretation of the history of the above chart is that China and India were elevated from the 11th to the 19th centuries, because they were insulated from the 600 year medieval Dark Age that resulted from the collapse of Western Rome in the 5th and 6th centuries. Eastern Rome (Byzantine) rose to do trade with the East.

India and China collapsed in the 20th century because of the Industrial Revolution which caused them to be uncompetitive. Europe rose out of medieval dark age and invested in technology which resulted in growth of Europe until it peaked with the socialism as factories in the Second Industrial Revolution displaced the Luddites and the clamor was for debt and socialism (just as we have now).

In the 20th century, the USA rose out of the collapse of Europe as the industrial powerhouse. China and India could not compete (their huge uneducated populations were too agrarian and numerous to transition to industry), so they economically collapsed into Marxism and the caste system. There was even famine. Even today India can't give 3 meals a day to all its poor.

Now we are entering the Knowledge Age (Computer) Revolution. Europe, North America, Japan, and New Zealand will collapse due to socialism.

China's and India's population are poised to apply their individual efforts to the Knowledge Age and there is not a huge government socialism to collapse into the abyss.

China has the largest corporate debt in the world, so the growth will need to come from the individuals and small enterprises. We can already see this happening. See the websites such as dhgate.com and aliexpress.com where Chinese factories sell direct to the consumers. Also the free movement of labor, goods, and services between all ASEAN countries planned for the 2015 Asian Union.

However, the nature of the Knowledge Age is that most people are
unprepared. A computer programmer will be worth 10 or 100 times more than an accountant, because the latter's job can be automated thus one
programmer can replace 100 accountants.

The powers-that-be in India and China also need to work out the power sharing, because this is a transfer of power from the large to the small fish. The large fish won't do this willingly.

I rather see the large fish (taipans) creating wars and territorial disputes both to keep the UNEDUCATED portion of local population (who can't compete in the Knowledge Age) locked into patriotic fighting (so they won't revolt against the powers-that-be) and to acquire large scale investments such as oil fields in the China sea (and also perhaps Africa).

Russia is also working on such economic integration with Ukraine and Eastward. The 10 Kings regions as predicted in the Bible are taking form.

So I see the best and brightest in Asia rising, but I see insufficient jobs for all the undereducated in Asia. A college degree as an accountant doesn't mean you are educated if that profession becomes largely automated.

Many filipinos (and I assume others in ASEAN) have transitioned into call centers and BPO centers, but not all of them can transition their skills as those simple functions are replaced by more computerization and as the wages in the West decline relative to wages rising in the developing world, then there will be more pressure to automate more of these mundane tasks (e.g. a computer answers my call at my bank and can understand what I say, and BPO doctors records transcription can be automated, etc).

I see Asia rising but with massive underemployment. I see an economic stratification of society globally between those who can do high tech and those who can't.

And thus I see the powers-that-be coming to the "rescue" to serve that underclass with Orwellian socialism, territorial war, etc..

So let's be clear what a rise of Asia means. It always means global turmoil. It is not some peaceful rise of everyone in Asia.

The socialism is going to try to parasite on those who are productive in the Knowledge Age. But they can't! I covered the reasons in great detail in my 2010 essay:

http://www.coolpage.com/commentary/economic/shelby/Demise%20of%20Finance,%20Rise%20of%20Knowledge.html

So the undereducated and the powers-that-be will combine forces to create war and chaos. That is the only thing they can do.

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July 13, 2014, 01:18:02 AM
Last edit: July 13, 2014, 01:36:59 AM by AnonyMint
 #222

Cross-posting...

https://bitcointalk.org/index.php?topic=583449.msg7813210#msg7813210

The Global Police State

Global sovereign debt collapse (which means global wealth confiscation, war, chaos, and descending into the economic abyss).\

So ...are you really saying this will ruin every corner of the globe? if not then what portions are you talking about?
It's just that you keep mentioning Europe and America...but that's all you mention but you keep calling it "global".

So...is it global or is it just Europe and the USA?

The nations of the world are today mostly divided into five categories:

1. Developed country western Marxist socialism, government has 75% share of GDP (ditto Europe but worse as the official data excludes cost of regulation and probably local governments, etc!).

2. Developed country eastern Chaebol & Zaibatsu fascism, government has a moderate (but rising rapidly) (Korea also) % share of GDP.

3. Undeveloped world, "government spending" is very low thus a very low % share of GDP because there is no social welfare system.

4. Oil producing countries in the Middle East that will fall into complete chaos.

5. Exceptions.

For #1, include North America, Europe, New Zealand, but perhaps not Australia.

For #2, we have Japan with the world's highest debt-to-GDP levels as the prime example. Asians (but not Cherokee who descend from European not Asian) are more submissive (my hypothesis is perhaps due to lack of Ice Age impact thus larger populations). Japan has an existential fertility crisis. South Korea is on model peaking.



For #3, we have most of the rest of world.

For #4, include all those recently failed Middle East states and Libya and include all those whose economy is nearly entirely dependent on oil and who have burgeoning populations.

For #5, the exceptions to the above list include small transhipment and financial centers such as Hong Kong and Singapore, also Australia and Switzerland have relatively low government share of GDP for developed countries.

Prognosis

The #1 nations will hunt down all wealth to feed their social welfare obligations. The majority will support this. These nations will cooperate, and the NSA + GCHQ will feed the authorities the data they need.

The #2 nations have massive levels of debt in all sectors and will be induced into a war with China to appease the discontent among their people as their economies collapse into 2016 - 2020. The large corporation model of their economies is attuned to war making as a means of increasing industrial production.

The #3 nations have extremely high levels of corporate debt (China the world's highest) because the 30 year bond bubble in the #1 nations drove investment capital out of the west an into developing world corporate bonds to chase yield. They don't have this social welfare system to feed, thus they don't need to hunt down money for revenue (they can let their corporations go bust and survival of the fittest) so they can collapse quickly and bottom by say 2020. But they will hunt down wealth of those cronies in their governments who have pilfered the coffers. You can see this going on now for example as China fired 900 bureaucrats, Thailand in martial law,  and also the pork barrel scandal ongoing in the Philippines. So these nations need the cooperation of the #1 nations to track down and return the ill gotten wealth their cronies have been offshoring to there. Thus they will in exchange will offer to turn over all #1 nation citizens, i.e. see their cooperation with the FATCA.

The #4 nations are imploding into chaos as they are too dependent on oil, their populations are burgeoning, the corrupt top-down control of wealth has been egregious, etc.. They will implode into complete chaos. They thus may be the best place to hide with your wealth, except that you would be at enormous physical risk of harm.

The #5 nations will see their economies implode when the global economy does since they are so highly leveraged to trade and commodity demand. They are fully on board the global police state. Here are few links to convince you:

http://www.zerohedge.com/news/2014-03-26/hong-kong-goes-swiss-will-disclose-american-worker-financial-data-irs
http://armstrongeconomics.com/2014/06/22/hunt-for-money-tisa-negotiations-leaked-by-wikileaks/


Thus you can see this hunt for wealth will be global. Only the peons in the undeveloping (developing) world are exempt.

Edit: I didn't cover some exceptions that may not fit (not sure as I don't have time to research every one) the above stereotypes, such as Iceland, Bolivia, and Ecuador. Two of those were countries Snowden was interested in for asylum.

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July 24, 2014, 01:51:42 AM
 #223

Armstrong starts to realize I was correct about globalist control ("powers that be"), yet he still leans towards the view that the "powers that be" don't have a long-term plan and still doesn't see them coordinating globally.

http://armstrongeconomics.com/2014/07/23/preparing-for-war/

http://armstrongeconomics.com/2014/07/21/the-energy-hidden-agenda/

http://armstrongeconomics.com/2014/07/22/israeli-hamas/

He War Cycle model shows that chaos will really accelerate by November then into the peak of the USA economic bounce by Oct 2015. Then all hell will break loose as the global economic crash in 2016 will be deeper and longer than 2007-8.

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July 27, 2014, 02:22:36 AM
 #224

---------------------------- Original Message ----------------------------
Subject: Armstrong is wrong if he is claiming central banks aren't complicit
From:    AnonyMint
Date:    Sat, July 26, 2014 10:17 pm
To:      "Armstrong Economics" <armstrongeconomics@gmail.com>
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/07/26/stockman-v-greenspan-just-absurd/

Armstrong is correct that the fundamental problem is the power vacuum of democracy which is inherent in human nature, that allows socialism (i.e. debt, pensions, vested interests) to grow until it strangles the productive economy.

Armstrong is correct that capital moves internationally to escape such peaking socialism, and central bankers could not stop this movement forever as the fundamental rise of socialism is not under their control.

However, Armstrong is contradicting himself as he implies (unintentionally?) that central banks aren't complicit in that they have collaborated to extend the debt bubbles and socialism to prevent a crash and reset that would have otherwise have occurred much sooner. Armstrong wrote about this collusion just days ago:

http://armstrongeconomics.com/2014/07/24/world-central-bank-secret-agreements/

Also there is substantial evidence that central banks cause delays in debt and socialism resets. For example, the depression of 1919 was finished in only 2 years, primarily because the government and central banks did not intervene. The defaults proceeded rapidly and the reset and adjustment occurred at full speed. In the 1800s, there were numerous short-lived depressions (or recessions) often due to bank runs because there was no central bank backstopping these private banks who were issuing fractional reserve loans. The resets were more frequent and thus more shallow.

What global central banking has done to use since the early 1900s is sustain (preventing a default and rest of) the largest and longest growth of socialism without a reset since perhaps Rome.

Central banking is an invention of the socialism, for the socialism to sustain itself. Central banking needs to recede for the socialism to recede. They go hand-in-hand together.

Even Armstrong has written about how the Fed was originally charted only to buy corporate bonds. Socialism morphed it. Yeah it is fundamentally human nature at the root cause, and central banking is one of the bad symptoms or artifacts.

Sorry Martin.

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July 27, 2014, 12:58:19 PM
 #225

Central banking is an invention of the socialism, for the socialism to sustain itself. Central banking needs to recede for the socialism to recede. They go hand-in-hand together.

quite correct

http://en.wikipedia.org/wiki/The_Communist_Manifesto

#5

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August 03, 2014, 04:02:21 AM
 #226

---------------------------- Original Message ----------------------------
Subject: personal story of hardship in the U, S, of A.
From:    AnonyMint
To:      "Armstrong Economics" <armstrongeconomics@gmail.com>
Bcc:    Anonymous
--------------------------------------------------------------------------

Ebola pandemic is quite likely:

http://armstrongeconomics.com/2014/07/31/ebola-virus-the-next-plague-due-2019/

Armstrong's A.I. computer model was calling for a pandemic after 2016 since well before this Ebola outbreak started.

The 'grinding halt' comment was mine.

You've failed to remember the key fact about the marginal-utility-of-debt, which is that eventually it goes negative and no one is in control, not even the globalists, because productivity has been suffocated in layers of spaghetti obligations and misallocated life directions. The negative educational inertia debt, etc.. can't be unwound without collapse into a gridlock low.

You assign power to the globalists which they could not mathematically possess. Nature is in control now, they are bystanders.

What the elite hope to do is manage the "creative destruction" towards their aims of globalist hegemony. They do understand the west is lost, so they need to create war in the west to have something to blame the gridlock on other than debt. This way at the end of WW3, they can call for globalist solutions to end the possibility of nation-state discord which they will say in their propaganda was the cause of the crisis (causing the sheepeople to forget that the declining marginal-utility-of-debt sustained past the point of no return by socialism was the real cause).

The globalists understand that all real productivity is coming from the developing world, they are trying to use the levers they do control in order to be sure they gain the most leverage into this rebalancing process. They have shifted the oil revenue from Russia and the Middle East to the USA, so they can leverage the developing world to sustain the west, with them in control of the spigot through a much more Technocratic controlled socialism.

This is why they need the NSA hunting everything down, and the FACHA, so as to prevent any capitalists in the west from competing with them for opportunities in this rebalancing process.



Anonymous wrote:
> BTW, don't you think perhaps the steady debasement of the dollar with year
> over year inflation in many sectors is a de facto or indolent version of
> "hyperinflation" such that debt will have much less consequence?  This
> would be a primary reason TPTB in the US have been running up the national
> deficit, they know it won't particularly matter much at some point and it
> can also be leveraged initially for austerity and more taxes.  And you
> know LaGarde has already used the term "global currency reset".
> I can't tell if you made the "grinding halt" comment, but given the level
> of centralized control and the plan to incrementally install a global
> technocracy, there doesn't need to be a halt.  A sharp sudden painful
> contraction will only take place if it is so desired for "shock and awe"
> purposes to temporarily paralyze the masses as new radical policies are
> implemented.  I've heard Catherine Austin Fitts express the same view.
> More concerning than debt is the increase in environmental chaos
> (Fukushima, Gulf Oil, geoengineering, fracking, etc.), showing the elites'
> position of moving ahead with soft kill and contriving another excuse for
> world government.


In case I wasn't clear before, because I was sleepy. Let me expound a bit.

Defaulting on a student loan (or any loan) should have no power to put a
lien on your bank account nor any asset which you did not specifically
assign as collateral to the loan when you signed the loan contract.

The concept of assigning all your future unknown earnings and assets as
collateral to a loan is an egregious abomination that only the most evil
society could possibly be fooled into thinking is rational.

If the lender has no risk and all the risk is transferred to society, i.e.
destroy the productivity of everyone in gridlock liens on everything when
the debt bubble contracts, because excessive loans were made because the
lender assumed no risk, then the mathematically sure outcome is a Dark
Age.

I hope the high IQ people amongst us can interpret what I've just written
and explain it layman's terms. I don't have time to break it down more at
the moment.

In short, you should have been able to default on the student loan, had
your credit rating wiped out, but not lost your business nor had your bank
account sequestered.

But Western Civilization is in an irrational, evil apex at the moment and
destined to crash and burn.

That is why we in the crypto-currency arena are developing technological
solutions to put a stop to this mess.



------------------------------------------------------
Let me clarify.

I mean that it is an abomination for default on a student loan to make all
your assets and incomes encumbered collateral by default.

A personal loan should always be defaulted with the only recourse of the
lender being lowering your credit rating. It should have no claims on your
assets and income, except for assets you put up specifically as
collateral.

This system the bankers have devised in the western countries, is going to
bring the western civilization to a grinding halt.

P.S. You see adding more debt was not the solution, rather the solution
was default but they won't let you default. They want to hold you in
perpetual debt servitude instead. We've regressed to the feudal system
again.


------------------------------------------------------
bcc: all

So the loan was just to be able to pay off the student loan so you
wouldn't go into default. Not for expansion.

But the real culprit here is not the refusal to give you a loan (debt is
always bad, default is better), rather the stupidity of a bankruptcy
system that doesn't allow you to protect your business (or at least not
continue to garnish your bank account) in a default so you can continue to
be productive. Maybe you got bad legal advice?

But seems you are saying the bankruptcy system preferred you to be
unproductive (or you are saying it is not discharged yet, so maybe you
will get relief soon). And that is an abomination (to the Lord or even to
atheists).

If you are trying to argue for debt, I will have to disagree with you. You
overextended and the correct thing is default. But default means
everything is liquidated, then you can start over fresh, not continue to
hold your bank account hostage so you can't be productive again.

yeah (un)employees get laid off in defaults. But default is always better
than debt. Bible says borrower is slave to the lender.

So we try with crypto-currency innovation to take away the power of the
system to garnish payments and bank accounts. Society shouldn't have so
much power because society can't be entrusted not to abuse it.


------------------------------------------------------
I don't mind if you share.

I place 100% of the blame on myself, it was my mistake in that I saw
opportunity in expansion disproportionately to the risk of overextension.
However, 5 people became unemployed because of my 580 credit score... The
fact that I had turned an initial 10,500 investment into a small-medium
sized business meant nothing... Nobody had anything to say to me except,
"we're sorry but you don't meet the minimum credit score requirement."

Nothing good can come from a system that operates this way...

------------------------------------------------------
Do you want me to keep your story private or share it?

Might be motivational to all if you feel comfortable being so naked. Some
people like more privacy which is understood.

It is an abomination that the government passed a law a few years ago
making student loans ineligible for discharge in bankruptcy (with rare
exceptions).

Is the sales tax dischargeable in bankruptcy?

This is your mistake of course, but the system is too harsh. How can they
expect for you to pay them if they take away your ability to earn. This is
how the western civilization will destroy all productivity. The system
should at least allow you to continue and take a small amount from your
bank account each month larger than the market rate of interest on the
principle owed. But the western system is punitive now. I even see they
put a mother in jail for allowing her 6 year old son to walk down the
block unescorted to the park to play. When society reaches this stage, the
collapse is near.

Any way you will come out of this much stronger. But I do beg of you,
don't only blame it on the system. Use it as an opportunity for
self-inspection to be more diligent in the future to discharge your loans
and much better always avoid debt, and grow within your cash flow means
always with some savings.

One of the fundamental teachings in the Bible (in the second book) is
always prepare for 7 lean years after 7 good years. Savings is very, very
important. Always hold some in reserve.

Recently I paid down all my loans in cash with 50% settlement offers. I
had about $20,000 in credit card debt which is now paid down.
Unfortunately I will have to pay income taxes on the portion of the debt
forgiven!! What racket the system has!

------------------------------------------------------
I'm not in a good financial situation at all. I just recently lost my auto
repair shop, throwing me into a bankruptcy which hasn't been discharged
yet. I'm forced to work only for cash by word-of-mouth since I have a
government lien on my bank account. I owe for the last 3 months of sales
taxes which are more than I could expect to make in 6 months working full
time for somebody else... I'm not wealthy at all, I had my moment of
wealth but now I'm down. I have about 1 ounce of 24k gold left to sell and
a few cars which I'm in the process of flipping for a profit. Everything
else I make is just to sustain my family. I currently have enough of a
customer base to work about 4 days a week, at least a few hours a day at
$60 per hour. I'm unable to advertise because of my circumstances.

I still have my knowledge, reputation (which is very strong), and my
desire to be free of this nightmare monopoly game. This system isn't fair,
nor just, and I'm not subscribing to it anymore... I had a great business
for 4 years, 4 employees below me, a great reputation in the community,
but my credit was too poor to get a loan from the start. I reinvested too
much of my cash flow into equipment without saving for a rainy day.
Everything I had to offer and nobody at any of the banks would even look
at my plan or business history. I had a 580 credit score because of a
collection on a phone contract, I wasn't a home owner, and late payments
on a student loan (my dad surprised me one day and told me that he had
taken over the student loans for me and my older sister, but apparently
there was a problem with the consolidation loan he took and neither of us
were aware of it until collections.)

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August 13, 2014, 07:19:28 PM
 #227

Is there a concise list of Armstrong's forecasts and history of forecasts?

I'm a little worried about his predicted real estate crash after 2015.75.

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August 30, 2014, 11:54:24 PM
 #228

---------------------------- Original Message ----------------------------
Subject: Can the Internet Replace Career Politicians?
From:    AnonyMint
Date:    Sat, August 30, 2014 7:52 pm
To:      "Armstrong Economics"
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/08/30/can-the-internet-also-replace-career-politicians/

I agree with some of what Martin Armstrong wrote at the above linked blog post. Specifically I agree that the politicians and bureaucrats are able to do malfeasance because the public is both apathetic and systemically incapable of making change even when aware.

Martin has this theory that if the people could vote directly on every issue instead of being represented by elected officials, then the systemic problem would be solved. I briefly entertained this conceptual idea when I was about 13 years old. It is quite naive and juvenile.

Armstrong and Margaret Thatcher have the same gullible misunderstanding that most people of lower IQ have. They haven't taken the time to,or don't have the mental abstraction IQ to, comprehend how degrees-of-freedom and the granularity of adaption to maximize fitness interact with the immutable Second Law of Thermodynamics such that it is impossible that top-down organization of anything can ever work. I have explained this ad nausem in my past writings as AnonyMint:

https://bitcointalk.org/index.php?topic=355212.0

http://unheresy.com/Information%20Is%20Alive.html#Knowledge_Anneals

https://bitcointalk.org/index.php?topic=495527.msg6065144#msg6065144

https://bitcointalk.org/index.php?topic=557732.msg6078778#msg6078778

https://bitcointalk.org/index.php?topic=495527.msg6716262#msg6716262

Simulated annealing is the only known algorithm which can maximize fitness (i.e. the solution to the solution space) where the solution space is unknown a priori, has an unknown number of independent variables, and is dynamic with unknown number of feedback loops. Simulated annealing is nature's optimization method. Simulated annealing is why ice that cools slowly has less cracks because the localized organization and coordination of the molecules have more time to independently (i.e. bottom-up organization) find optimum states.

Only a fool or person of low IQ would assert the bottom-up voting for top-down issues can somehow anneal. I feel like I am dealing with children. Am I that much smarter than most people? Or are most people just too lazy or too invested in their logically failed ideas such that they are unable to think coherently?

The 150 - 170 IQ genuis who coined "open source" (as opposed to "free software") explained the power vacuum of democracy:

http://esr.ibiblio.org/?p=984
(Some Iron Laws of Political Economics)

The solution to the problem of the power vacuum of democracy is to eliminate top-down issues so that people can be free to organize more locally. The technological solution is coming with decentralized technology. For example, 3D printing, flying cars with computerized avoidance systems, decentralized anonymous crypto-currency (Bitcoin isn't decentralized and isn't robust in a fractured internet), decentralized corporations, decentralized social organization over the internet, etc..

Why does local organization work better? Because it is impossible for top-down laws or issues to be optimized to every local situation and especially dynamically because everything is always changing.

The gripe against local organization has been that economies-of-scale can't be attained. This was true in the Industrial Age where fixed capital and stored money were paramount. But with the internet economies-of-scale can be attained even if only 1 in 1000 people are availing of each thingamajig. This is why I have been writing about the coming Knowledge Age and the death of all top-down organization, including the death of passive capital investing such as bonds and usury finance. Instead we will move towards where capital is knowledge. Money will only be a currency and not for storing capital. There will be no way to store capital for long periods of time that isn't knowledge (money will have high rates of debasement in order to fund its decenralized crypto-currency security). The old world overlords will die away along with the socialism masses who don't cross the chasm. This is why their NWO is a death paradigm.

And this is why massive poverty is coming because most people aren't ready to cross the chasm. And this poverty will usher in disease and war. Out of the ashes, will come the Knowledge Age. For a while, the old will hang on and the socialism will become very idealistic (youth are glossy-eyed ready to the "end the corruption" mantra employing more top-down Marxism) and try for the NWO top-down solutions that Armstrong and others espouse. But that is the dying paradigm on the long haul. The Knowledge Age will be growing.

I can see clearly and lucidly the Big Picture how it all fits together in a perfect puzzle.

Get it. Or perish. I am tired of explaining it.

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September 01, 2014, 09:06:22 AM
Last edit: September 01, 2014, 09:17:12 AM by AnonyMint
 #229

---------------------------- Original Message ----------------------------
Subject: False life plan signals empire and civilization collapse (what socialism achieved)
From:    AnonyMint
Date:    Mon, September 1, 2014 5:00 am
To:      Armstrong Economics
--------------------------------------------------------------------------


http://www.sandraandwoo.com/2014/07/24/0601-new-school-uniforms/
(this is actually happening)



http://blog.jim.com/culture/the-false-life-plan/#comment-721849
(read the entire blog post, not just the linked comment)

http://blog.jim.com/economics/raising-fertility/

http://blog.jim.com/culture/players-puas-and-petruchio/


The Black Death plagues that killed most of Europe's population and spread by rodents seem less likely to impact the world now as agriculture is no longer primarily manual labor. Nature culled the overpopulation in Europe in order to raise the wages and productivity of mankind. Thus perhaps the causative history for why Europe favors birth control, late marriage (http://en.wikipedia.org/wiki/Hajnal_line), and population control propaganda.

http://unenumerated.blogspot.com/2013/11/european-asian-divergence-predates.html

http://blog.jim.com/economics/the-future-belongs-to-those-that-show-up/

Result of "Legal Equality for Women":


http://esr.ibiblio.org/?p=3000
(about hypergamy and the PUA game)

http://esr.ibiblio.org/?p=4934
(the false life plan is a dead end)

http://blog.jim.com/economics/the-cure-for-iq-shredders/
(top-down control is never the solution)


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September 02, 2014, 05:14:41 AM
 #230

One last attempt to explain it to Armstrong... (I grow weary of repeating myself)...


---------------------------- Original Message ----------------------------
Subject: Centralized tally is the antithesis of bottom-up voting; decapitation of figureheads notwithstanding
From:    AnonyMint
Date:    Tue, September 2, 2014 1:06 am
To:      Armstrong Economics
--------------------------------------------------------------------------


http://armstrongeconomics.com/2014/09/01/global-warming-being-exposed-as-a-fraud/

Quote from: Armstrong
Global Warming has been a fantastic excuse to raise taxes and now regulate cow farting in Europe. How about eliminating all the hot air created by worthless government programs? If we eliminated career politicians and voted from our laptops on every initiative, think of all the limousines that would not be driving them around and special plane flights for their vacations.

So Martin Armstrong wants to replace the bureaucrats with a centralized
computer for tallying votes on top-down issues thus inherently controlled
by the power of the global elite. Sure the global elite will give this
Pyrrhic victory to Armstrong and all the "end the corruption" idealistic
fools. But just like the outcome of the French Revolution, the figureheads
are changed but the systemic power vacuum of democracy remained.

I don't know why Armstrong can't understand this. Is his IQ too low or is
he is just stubbornly invested in his incorrect idea?


Only a fool or person of low IQ would assert the bottom-up voting for top-down issues can somehow anneal.

...

The solution to the problem of the power vacuum of democracy is to eliminate top-down issues so that people can be free to organize more locally. The technological solution is coming with decentralized technology. For example, 3D printing, flying cars with computerized avoidance systems, decentralized anonymous crypto-currency (Bitcoin isn't decentralized and isn't robust in a fractured internet), decentralized corporations, decentralized social organization over the internet, etc..


In the following linked blog post, Armstrong failed to grasp that "let me control the currency, and I care not who makes the laws"- Rothschild. Who ever issues the one-world currency, controls the world. If the one-world ends up as a decentralized crypto-currency which no one controls, then Armstrong's point below would be valid. But Armstrong doesn't even believe crypto-currency can remain independent of government (although we smart programmers and technologists disagree with him on that point).

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September 02, 2014, 06:20:22 AM
 #231

Sometimes I think people become invested in their own world view.. While I respect Armstrong I think he retains a certain element of blind faith in the state.




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September 02, 2014, 07:38:46 PM
 #232

Hey Anonymint, some of your stuff reminds me of some of tesla's views. In particular tesla's paper "THE PROBLEM OF INCREASING HUMAN ENERGY" he briefly touches upon the automation of the work force and the reaction of the public to his "TELAUTOMATON".

Here's a linbk to the paper: http://www.tfcbooks.com/tesla/1900-06-00.htm
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September 02, 2014, 08:29:57 PM
 #233

One last attempt to explain it to Armstrong... (I grow weary of repeating myself)...


---------------------------- Original Message ----------------------------
Subject: Centralized tally is the antithesis of bottom-up voting; decapitation of figureheads notwithstanding
From:    AnonyMint
Date:    Tue, September 2, 2014 1:06 am
To:      Armstrong Economics
--------------------------------------------------------------------------


http://armstrongeconomics.com/2014/09/01/global-warming-being-exposed-as-a-fraud/

Quote from: Armstrong
Global Warming has been a fantastic excuse to raise taxes and now regulate cow farting in Europe. How about eliminating all the hot air created by worthless government programs? If we eliminated career politicians and voted from our laptops on every initiative, think of all the limousines that would not be driving them around and special plane flights for their vacations.

So Martin Armstrong wants to replace the bureaucrats with a centralized
computer for tallying votes on top-down issues thus inherently controlled
by the power of the global elite. Sure the global elite will give this
Pyrrhic victory to Armstrong and all the "end the corruption" idealistic
fools. But just like the outcome of the French Revolution, the figureheads
are changed but the systemic power vacuum of democracy remained.

I don't know why Armstrong can't understand this. Is his IQ too low or is
he is just stubbornly invested in his incorrect idea?

It's what the "Resource Based Economy" crowd keep pushing with their A.I. computer that centrally allocates resources. Come on, you don't need to be Sir Roger Penrose to see where they're going with this.

For example:
Epic breakthroughs where programs start passing the Turing test. Notice how they're usually dressed-up with a nice GUI or artificial face and voice for user-friendliness?
Then, "hey why don't we use, that is *ask* these amazing artificial intelligences how to allocate some local resources the most fairly?"
...

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September 02, 2014, 09:42:03 PM
 #234

One last attempt to explain it to Armstrong... (I grow weary of repeating myself)...


---------------------------- Original Message ----------------------------
Subject: Centralized tally is the antithesis of bottom-up voting; decapitation of figureheads notwithstanding
From:    AnonyMint
Date:    Tue, September 2, 2014 1:06 am
To:      Armstrong Economics
--------------------------------------------------------------------------


http://armstrongeconomics.com/2014/09/01/global-warming-being-exposed-as-a-fraud/

Quote from: Armstrong
Global Warming has been a fantastic excuse to raise taxes and now regulate cow farting in Europe. How about eliminating all the hot air created by worthless government programs? If we eliminated career politicians and voted from our laptops on every initiative, think of all the limousines that would not be driving them around and special plane flights for their vacations.

So Martin Armstrong wants to replace the bureaucrats with a centralized
computer for tallying votes on top-down issues thus inherently controlled
by the power of the global elite. Sure the global elite will give this
Pyrrhic victory to Armstrong and all the "end the corruption" idealistic
fools. But just like the outcome of the French Revolution, the figureheads
are changed but the systemic power vacuum of democracy remained.

I don't know why Armstrong can't understand this. Is his IQ too low or is
he is just stubbornly invested in his incorrect idea?

It's what the "Resource Based Economy" crowd keep pushing with their A.I. computer that centrally allocates resources. Come on, you don't need to be Sir Roger Penrose to see where they're going with this.

For example:
Epic breakthroughs where programs start passing the Turing test. Notice how they're usually dressed-up with a nice GUI or artificial face and voice for user-friendliness?
Then, "hey why don't we use, that is *ask* these amazing artificial intelligences how to allocate some local resources the most fairly?"
...

You finally wrote something that interests me. Hmmm, could Armstrong's Socrates be a ploy after all? I doubt it, I think he is just invested in his world view, yet it is interesting to contemplate.

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September 02, 2014, 10:02:28 PM
 #235

Cross-posting...

Average joe is tired of losing money on snake oil. Socialism is peaking. People want to be taken care of and insured. Boomers are the largest Western age bracket and they are retiring and need to downsize and be more conservative with their finances. The youth are saddled with student debt and often can't find work in the field of their non-engineering degrees.

Your macro views are remarkably similar to my own.  The demographic cycle in particular is very compelling to me.  I see fascism as the dominant economic and political paradigm, rather than socialism.  Bread and circuses for the masses, the dole for the the underclass, subsidies to sop and co-opt fractious demographics, while structural factors are crafted to drain the shrinking productive classes of wealth, and concentrate it with laser focus in the hands of the two major power centers:  The deep state, and the financiers.  Fiat slavery seems the clearest and most explanatory name for the dominant global system, a serfdom crafted to the tolerance parameters of the indoctrinated bourgeoisie.  But the oxygen has been consumed.  Flows upon which the homeostasis depends can no longer be supported.  Leveraged structures must collapse.  Debt must be destroyed.  Rigidities must be pulverized, so that the system can be reshaped into something capable of surviving with the current resource profile (including the ruins of the old among those resources).  Average joe is just cannon fodder on that scale.

First let me make a post which expounds on this tangent, before I tie it back into price analysis in the next reply.



The solution to the problem of the power vacuum of democracy is to eliminate top-down issues so that people can be free to organize more locally. The technological solution is coming with decentralized technology. For example, 3D printing, flying cars with computerized avoidance systems, decentralized anonymous crypto-currency (Bitcoin isn't decentralized and isn't robust in a fractured internet), decentralized corporations, decentralized social organization over the internet, etc..

Why does local organization work better? Because it is impossible for top-down laws or issues to be optimized to every local situation and especially dynamically because everything is always changing.

The gripe against local organization has been that economies-of-scale can't be attained. This was true in the Industrial Age where fixed capital and stored money were paramount. But with the internet economies-of-scale can be attained even if only 1 in 1000 people are availing of each thingamajig. This is why I have been writing about the coming Knowledge Age and the death of all top-down organization, including the death of passive capital investing such as bonds and usury finance. Instead we will move towards where capital is knowledge. Money will only be a currency and not for storing capital. There will be no way to store capital for long periods of time that isn't knowledge (money will have high rates of debasement in order to fund its decenralized crypto-currency security). The old world overlords will die away along with the socialism masses who don't cross the chasm. This is why their NWO is a death paradigm.

And this is why massive poverty is coming because most people aren't ready to cross the chasm.
And this poverty will usher in disease and war. Out of the ashes, will come the Knowledge Age. For a while, the old will hang on and the socialism will become very idealistic (youth are glossy-eyed ready to the "end the corruption" mantra employing more top-down Marxism) and try for the NWO top-down solutions that Armstrong and others espouse. But that is the dying paradigm on the long haul. The Knowledge Age will be growing.

I can see clearly and lucidly the Big Picture how it all fits together in a perfect puzzle.

Get it. Or perish. I am tired of explaining it.



...

Armstrong had made the point that not all traceable assets such as real estate (which the Europeans and Chinese are buying in the USA to "get off the grid" to hide wealth from their own countries) can be confiscated because it would result in a total breakdown of civilization. My rebuttal is that it won't be outright blanket confiscation (decree) rather tax avoidance will be the catalyst by which these traceable assets are liquidated to pay tax judgments and the G20 will be cooperating with each other and the NSA to make sure all assets are traced. And a slow grinding ratcheted breakdown of civilization is the desired outcome of the global elite so they can bring about their NWO outcome, because in order for them to maintain control as the Industrial Age dies and the Knowledge Age grows, they need to increase their economies-of-scale and bring the masses (who can't cross the chasm to the Knowledge Age) down into the abyss of their dying epochal paradigm.

http://www.silverbearcafe.com/private/01.10/thinklikeabanker.html

http://www.silverbearcafe.com/private/06.11/owntheearth.html

In the following linked blog post, Armstrong failed to grasp that "let me control the currency, and I care not who makes the laws"- Rothschild. Who ever issues the one-world currency, controls the world. If the one-world ends up as a decentralized crypto-currency which no one controls, then Armstrong's point below would be valid. But Armstrong doesn't even believe crypto-currency can remain independent of government (although we smart programmers and technologists disagree with him on that point). If we are correct, then crypto-currency will gain much more value than gold will and gold would be relegated to tangible store of wealth that can be moved (anonymously) across borders by selling it for crypto-currency and repurchasing with crypto-currency.

http://armstrongeconomics.com/2014/05/28/one-world-government-impossible-one-world-currency-inevitable/


Refer to my essays linked below...

Another culling of the population is unfortunately perhaps necessary because the vast majority of people are not ready to be productive in the Knowledge Age as the Industrial Age is dying (China swallowed that zero profit oversupply of industrial capacity), otherwise we will end up with a Dark Age of circling the toilet bowl socialism.

Economic Devastation and the Coming Knowledge Age:

https://bitcointalk.org/index.php?topic=355212.0

https://bitcointalk.org/index.php?topic=495527.msg6065144#msg6065144

Armstrong and Margaret Thatcher have the same gullible misunderstanding that most people of lower IQ have. They haven't taken the time to,or don't have the mental abstraction IQ to, comprehend how degrees-of-freedom and the granularity of adaption to maximize fitness interact with the immutable Second Law of Thermodynamics such that it is impossible that top-down organization of anything can ever work. I have explained this ad nausem in my past writings as AnonyMint:

https://bitcointalk.org/index.php?topic=355212.0

http://unheresy.com/Information%20Is%20Alive.html#Knowledge_Anneals

https://bitcointalk.org/index.php?topic=495527.msg6065144#msg6065144

https://bitcointalk.org/index.php?topic=557732.msg6078778#msg6078778

https://bitcointalk.org/index.php?topic=495527.msg6716262#msg6716262

Simulated annealing is the only known algorithm which can maximize fitness...



---------------------------- Original Message ----------------------------
Subject: Armstrong is wrong if he is claiming central banks aren't complicit
From:    AnonyMint
Date:    Sat, July 26, 2014 10:17 pm
To:      "Armstrong Economics" <armstrongeconomics@gmail.com>
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/07/26/stockman-v-greenspan-just-absurd/

Armstrong is correct that the fundamental problem is the power vacuum of democracy which is inherent in human nature, that allows socialism (i.e. debt, pensions, vested interests) to grow until it strangles the productive economy.

Armstrong is correct that capital moves internationally to escape such peaking socialism, and central bankers could not stop this movement forever as the fundamental rise of socialism is not under their control.

However, Armstrong is contradicting himself as he implies (unintentionally?) that central banks aren't complicit in that they have collaborated to extend the debt bubbles and socialism to prevent a crash and reset that would have otherwise have occurred much sooner. Armstrong wrote about this collusion just days ago:

http://armstrongeconomics.com/2014/07/24/world-central-bank-secret-agreements/

Also there is substantial evidence that central banks cause delays in debt and socialism resets. For example, the depression of 1919 was finished in only 2 years, primarily because the government and central banks did not intervene. The defaults proceeded rapidly and the reset and adjustment occurred at full speed. In the 1800s, there were numerous short-lived depressions (or recessions) often due to bank runs because there was no central bank backstopping these private banks who were issuing fractional reserve loans. The resets were more frequent and thus more shallow.

What global central banking has done to use since the early 1900s is sustain (preventing a default and rest of) the largest and longest growth of socialism without a reset since perhaps Rome.

Central banking is an invention of the socialism, for the socialism to sustain itself. Central banking needs to recede for the socialism to recede. They go hand-in-hand together.

Even Armstrong has written about how the Fed was originally charted only to buy corporate bonds. Socialism morphed it. Yeah it is fundamentally human nature at the root cause, and central banking is one of the bad symptoms or artifacts.

Sorry Martin.

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September 03, 2014, 01:47:05 AM
 #236

---------------------------- Original Message ----------------------------
Subject: You can lead an Armstrong horse to water,  but you can't make it drink
From:    AnonyMint
Date:    Tue, September 2, 2014 9:45 pm
To:      Armstrong Economics
--------------------------------------------------------------------------

Armstrong is correct in many of his points about gold:

http://armstrongeconomics.com/2014/09/02/will-gold-still-go-to-5000/

But can anyone spot the flaws in his analysis?

The control over the issuance of money and debt is intimately tied to the power vacuum of democracy. Gold as money isn't entirely autonomous as it needs to be stamped for purity and weight in order to be used as rapid medium-of-exchange.

He still doesn't get it! PoW is a technological Richter scale 11 earthquake.

He is likely posting that because I accused him of not getting it. And he still doesn't get it!

Quote from: Armstrong
Gold did not save Spain nor did the gold standard postwar world with Bretton Woods! Why? BECAUSE IT DOES NOT MATTER WHAT THE MONEY IS – THE PROBLEM IS FISCAL MISMANAGEMENT OF GOVERNMENT.  Returning to a gold standard will NOT make politicians honest. Sorry – we need real reform for that one and that does NOT center upon what we use as money.

This should be about making money – not supporting a predetermined idea because that is what someone would like to see happen. No matter what evidence is presented, there are those who will refuse to believe anything other than what they want to believe. That is life. They have to learn the hard way.

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September 03, 2014, 05:52:51 AM
 #237

My target market thoughts. The abnormal inequality of distribution (by design) is killing crypto-currency.

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September 04, 2014, 12:51:50 PM
 #238

Cross-posting...

We don't have much time remaining:

http://armstrongeconomics.com/2014/09/03/ecuador-will-be-the-first-country-to-start-digital-currency/

Powers-that-be are also taking control over Buttcoin, with mining centralized in a couple of pools, and soon the money supply locked up off-chain:

https://bitcointalk.org/index.php?topic=400235.msg8649126#msg8649126
https://bitcointalk.org/index.php?topic=400235.msg8663871#msg8663871

And your remedy to the situation is what? First of all, I am a little surprised of your continued compliance. We would not need any coins if all the people just decided that enough is enough. The problem is not economy, it is the perpetrators of injustice.

I am not complying. But the fruits of my efforts are not yet visible, and quite possibly might arrive too late. I did light a fire under my butt just now though.

We can't fight by just openly refusing to comply, because there are enough people who are going to stand with the sinking Titanic and grab us on the way down to make sure we sink with them.

Imo, the only way we can fight is with technology. The geographical frontiers are closing. As Armstrong says, "you can't jump on a boat, plane, train, or car with gold and go make a new life some where".

The case caused me to lose any respect towards the organization pulling such a trick. If they regard me as scum, so be it both ways.

There is no limit whatsoever these sad clowns will do if we let them. They can make any laws and when they are not convenient, change them, amend them, or just act irrespective of them. The less people resist this fuckery, the easier it is for them to continue. The first point of realization would be to realize that any use of force or threat thereof, towards your freedom, is a crime. On their part, not yours.

I somewhat agree this is often the case, but generalising and saying "no force full stop" turns it into an utopian anarchy which exists only in fools' dreams.

If there isn't someone entitled to the use of force to mantain order, someone else will just decide to use force to his own advantage: this is anarchy.

So, unless you plan to become a Warlord in a world controlled solely by Warlords (in that case please let me know and I'll consider moving into your territory if that happens), you should aim to fix the government, not just to bash it.

Imagine a world where everyone is armed with individual technology which thwarts force. Then we don't need the government to protect us from warlords.

Welcome to the Knowledge Age.

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September 04, 2014, 01:35:11 PM
 #239

I hope everyone realizes I was correct when I wrote "Bitcoin : The Digital Kill Switch" in March 2013.

Don't you see? The powers-that-be planted Bitcoin in order to force the nation-states to adopt their own digital currencies.

Thud! It just hit my consciousness.

We don't have much time remaining:

http://armstrongeconomics.com/2014/09/03/ecuador-will-be-the-first-country-to-start-digital-currency/

Powers-that-be are also taking control over Butthurtcoin, with mining centralized in a couple of pools, and soon the money supply locked up off-chain:

https://bitcointalk.org/index.php?topic=400235.msg8649126#msg8649126
https://bitcointalk.org/index.php?topic=400235.msg8663871#msg8663871

My original theory of Bitcoin was that it was created by TPTB to suck in the high-tech libertarians and keep them preoccupied on speculation and greed so they wouldn't actually develop Nick Szabo's idea into something that could actually challenge the NWO plan. It seems they are succeeding. The ETFs will be concrete boots on Bitcoin...

We sent out a request of information regarding Ecuadorian bitcoinpolicies to the central bank of Ecuador since we recently have imported the first Lamassu bitcoin ATM machine into the country. You can read the responses from the Ecuadorian Central Bank and the Superintendencia de Bancos y Seguros here: https://www.mediafire.com/?lbmdn0677s8tx1e

So Ecuador are following in the footsteps of Bolivia and have decided to effectively ban every business model that has to do with Bitcoins and seize total control of the money system. The central bank will launch their own "electronic money"-system based on the USD later this year.

So right now we need to get rid of the Lamassu ATM-machine. It's completely new. I can ship it with FedEx anywhere in the world. And it can be picked up in Quito, Ecuador as well.

Taking bids on the machine, will sell to highest bidder! Price new was $5000 and it was a 3 month waiting time to get it delivered. If you buy it from me, you will have it sent straight away with FedEx or any other courier you wish to use. It is possible to do escrow on the deal as well.

Who am I? I used to sell bitcoins on localbitcoins under the name BitcoinsEcuador : https://localbitcoins.com/accounts/profile/bitcoinsecuador/ Until someone hijacked my localbitcoins-account, so the account has unfortunately been banned, but you can search for BitcoinsEcuador on the localbitcoins forum and those posts will explain the situation surrounding the hijacking. I'm back on localbitcoins as bitcoinsecuador2 : https://localbitcoins.com/accounts/profile/bitcoinsecuador2/ If you contact me and are interested in buying the machine I can give you more verification of my identity.

Matthew at Lamassu is also aware of our situation regarding the ATM, you can talk to him as well. matthew.carano@lamassu.is

For more information on the Lamassu bitcoin ATM read more on https://lamassu.is

E-mail: bitcoinsecuador@countermail.com



 Ecuador is planning to create the world's first government-issued digital currency, which some analysts believe could be a first step toward abandoning the country's existing currency, the U.S. dollar, which the government cannot control.

The virtual currency, which Central Bank officials say they expect will start circulating in December, does not yet have a name and officials would not disclose technical details, though they said it would not be like Bitcoin. The amount of the new currency created would depend on demand.

Deputy director Gustavo Solorzano said it is to exist in tandem with the greenback and, by law, be backed by liquid assets. It would be geared toward the 2.8 million Ecuadoreans - 40 percent of participants in the economy - too poor to afford traditional banking, officials say.

Users initially will be able to make and receive payments at minimal cost using their cellphones, Solorzano said. Such mobile payments schemes are already popular in African nations including Kenya and Tanzania, where they are privately run.

The new currency was approved, and stateless crypto-currencies such as Bitcoin simultaneously banned, by Ecuador's National Assembly last month.

http://hosted.ap.org/dynamic/stories/L/LT_ECUADOR_DIGITAL_MONEY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-08-29-08-28-04


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That's socialism for you: ban what is free and open and make it closed and not free...  Cheesy Grin Cheesy

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September 04, 2014, 04:49:53 PM
Last edit: September 04, 2014, 05:18:54 PM by AnonyMint
 #240

...nation-states to adopt their own digital currencies.

And what does that change? Most developed nations already use digital currency, as most payments are in electronic form. How does this affect crypto currencies though, which are stateless? Care to explain?

Sounds like AnonyMint is a tinfoil hat if he is suggesting that a centralized crypto currency like Equadors state currency, will over take Bitcoin.

Currently about 6 billion people in the world still use cash. They are the future, because the have:

1. The youth.
2. Not the retirees.
3. Not the debt.
4. Not the massive social system, taxes, and unfunded liabilities.
5. Not the destroyed family unit and reproduction.

What they adopt is what rules the world.

Already in Hong Kong, most everyone swipes a digital card to pay most transactions. I was there in January 2014.

India recently started to move towards adopting a digital currency and digital tagging of all the population.

The model predicts the financial capital of the world will shift to Shanghai and the developing world.

http://armstrongeconomics.com/2014/08/05/the-shift-from-west-to-the-east/



Now fuck off with your nonsense, ill-informed, Butthurtcoin posts.

The window of opportunity is closing while you all stroke your useless (bankrupt) Caucasian pride.

Butthurtcoin is pushing the nation-states to adopt their own national digital currencies, while Butthurtcoin is scaling too slow to be a ubiquitous replacement. And Butthurtcoin is failing and falling under control of a rich boys club.

The government is all about having control, they could run their own Bitcoin and force people to use it. But who would support THAT government? The rest of the world wouldn't care about it and the truth to the Equador people would get out there as long as we have the internet for communication.

In the long term anything that is controlled by one or few people, would not be supported by the rest of the crowd.

You are so naive. The people in the developing world could give a rats ass about our idealism and problems with bloated socialism. They don't have high taxes, bloated social systems.

They need to get paid to buy food. They will accept payment in what ever they are paid with. They are already adopting oDesk which they can withdraw with their ATM card. The governments will plug their digital currencies into this.

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