One-world reserve currency inevitable and will enslave all nations?

[Quickdart]

So bitcoin is a good candidate for the one world currency as it can be access by everybody in their computers.

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[Pab]

One world currency what slave people is debt
any oher,think will China Russia USA UK will ever agree to loose his indepedence
Look Euro currency can you imagine something like that for the world
Maybe after nuclear war and vanishig of 70% of worldwide human population

[starswper]

I chose to agree. This would be the single biggest issue that would cause an enslaving of nations.
thats why we need country fiat and bitcoin.

[panju1]

As I warned you, the countries will be pushed towards cooperating against financial crime:

http://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers

The globalists are destroying the nation-states on purpose and inciting the masses to clamor for a global discipline on malfeasance. I've known for a long time this would be coming. One thing you will learn about me by observing me over time is my ability to predict the future. For example was my 2011 prediction that the nations would not exit the EU and instead would double-down for more sloppy seconds.

Its all common sense your nothing special.. btw the EU experiment will end, countries will leave and it will cause havok. There's my prediction for today.

The cost of leaving the EU is pretty high, which is why all countries are gritting their teeth and sticking to the EU for now.
The experiment has been successful till now - no reason why it should fail in the future.

[bigtimespaghetti]

As I warned you, the countries will be pushed towards cooperating against financial crime:

http://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers

The globalists are destroying the nation-states on purpose and inciting the masses to clamor for a global discipline on malfeasance. I've known for a long time this would be coming. One thing you will learn about me by observing me over time is my ability to predict the future. For example was my 2011 prediction that the nations would not exit the EU and instead would double-down for more sloppy seconds.

Its all common sense your nothing special.. btw the EU experiment will end, countries will leave and it will cause havok. There's my prediction for today.

The cost of leaving the EU is pretty high, which is why all countries are gritting their teeth and sticking to the EU for now.
The experiment has been successful till now - no reason why it should fail in the future.

No reason why it should fail? Off the top of my head:

-Demographics of native population dwindling.

-Mass migration of incompatible cultures which will destroy the balance of demographics within 50 years especially in Germany and other liberal countries.

-Disparity of cultures, economies and politics in EU member states.

-Pensions (this is a big one) and generous welfare going bust. And what will happen with all these lovely third world populations when there government cheese is cut off? I wonder. I'm sure they'll all peaceably relocate back to a more compatible region.

Could be that there will be a doubling down after the UK referendum. But the fracturing is coming regardless.

[TPTB_need_war]

As I warned you, the countries will be pushed towards cooperating against financial crime:

http://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers

The globalists are destroying the nation-states on purpose and inciting the masses to clamor for a global discipline on malfeasance. I've known for a long time this would be coming. One thing you will learn about me by observing me over time is my ability to predict the future. For example was my 2011 prediction that the nations would not exit the EU and instead would double-down for more sloppy seconds.

Its all common sense your nothing special.

When I wrote that prediction in 2011, most of you and the MSM all were predicting a rapid exit of one or more of the PIIGS from the EU.

[sidhujag]

As I warned you, the countries will be pushed towards cooperating against financial crime:

http://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers

The globalists are destroying the nation-states on purpose and inciting the masses to clamor for a global discipline on malfeasance. I've known for a long time this would be coming. One thing you will learn about me by observing me over time is my ability to predict the future. For example was my 2011 prediction that the nations would not exit the EU and instead would double-down for more sloppy seconds.

Its all common sense your nothing special.

When I wrote that prediction in 2011, most of you and the MSM all were predicting a rapid exit of one or more of the PIIGS from the EU.

Not me, the end game would have been here if they did that. If you do the game theory you will quickly see that they will keep the dice rolling aslong as their is some sort of public trust in the system, until then it will keep going at the expense of future work.

But at any time that can happen, so I don't put any stock in the fact that EU is still together all glued up and everything.

[Olaf]

I chose to agree. This would be the single biggest issue that would cause an enslaving of nations.
thats why we need country fiat and bitcoin.

I thought we are already in this situation.

*Ahem the US dollar? last time I checked everyone loves it, despite its covered bad value.

So why would it recourse into another world reserve currency.

[TPTB_need_war]

I chose to agree. This would be the single biggest issue that would cause an enslaving of nations.
thats why we need country fiat and bitcoin.

I thought we are already in this situation.

*Ahem the US dollar? last time I checked everyone loves it, despite its covered bad value.

So why would it recourse into another world reserve currency.

The difference will be that the new one-world reserve coming approximately 2020, will not be controlled by any nation, but rather by a world government body.

This will be viewed by the world as more fair. But in reality it will be much less fair, because the world government will act basically the way the Troika does in the EU now, lending to the nations and never letting them default. They will lend in the world currency, but the people will be paid in their nation's shit currency which is debased like hell by the national politics. So then when the national currency loses value, the people are stuck paying back loans in the relatively more expensive world currency.

This is precisely what the Troika did to the PIIGS to destroy them. They will then do this on a global scale to enslave us all.

[TPTB_need_war]

https://www.armstrongeconomics.com/world-news/taxes/obama-wants-worldwide-taxes/

https://www.armstrongeconomics.com/world-news/panama-papers-used-for-political-purposes/

[sidhujag]

I chose to agree. This would be the single biggest issue that would cause an enslaving of nations.
thats why we need country fiat and bitcoin.

I thought we are already in this situation.

*Ahem the US dollar? last time I checked everyone loves it, despite its covered bad value.

So why would it recourse into another world reserve currency.

The difference will be that the new one-world reserve coming approximately 2020, will not be controlled by any nation, but rather by a world government body.

This will be viewed by the world as more fair. But in reality it will be much less fair, because the world government will act basically the way the Troika does in the EU now, lending to the nations and never letting them default. They will lend in the world currency, but the people will be paid in their nation's shit currency which is debased like hell by the national politics. So then when the national currency loses value, the people are stuck paying back loans in the relatively more expensive world currency.

This is precisely what the Troika did to the PIIGS to destroy them. They will then do this on a global scale to enslave us all.

give or take a few decades right

[Slowturtleinc]

Ugly hate reading these agendas knowing they have been working them for decades in the background and just slowly pushing the public towards that shoot for the bullet in the head like they do with cows. Oh I wonder whats in here "Bloaww"!

Would most likely need a few wars to get something like this to work and then go back and kill the people you proped up because they also decided to have different plans.
Hard to do but slowly maybe.

[Crazygreek]

Really don't care about it. I can't  globaly change a world and future so better i will flow by the river..
People think if they will panic and gathering smth will change but no, it's not ture.

[TPTB_need_war]

Regarding the future of Bitcoin and its Tragedy of the Commons economic design:

At best one would see the type of cartel that TPTB_need_war  has suggested; however my take is that this kind of cartel would only last for a short time before collapsing. Just witness what is currently happening in the crude oil market.

Cartels form in power vacuums. They must align with the greater power vacuums in order to sustain their market inefficiency (top-down control can't anneal maximum fitness). So the only way such a cartel would not fail, would be to become a fiat of the world government and be sustained by the Iron Law on Political Economics which is the perennial, inimitable power vacuum.

[Olaf]

I chose to agree. This would be the single biggest issue that would cause an enslaving of nations.
thats why we need country fiat and bitcoin.

I thought we are already in this situation.

*Ahem the US dollar? last time I checked everyone loves it, despite its covered bad value.

So why would it recourse into another world reserve currency.

The difference will be that the new one-world reserve coming approximately 2020, will not be controlled by any nation, but rather by a world government body.

This will be viewed by the world as more fair. But in reality it will be much less fair, because the world government will act basically the way the Troika does in the EU now, lending to the nations and never letting them default. They will lend in the world currency, but the people will be paid in their nation's shit currency which is debased like hell by the national politics. So then when the national currency loses value, the people are stuck paying back loans in the relatively more expensive world currency.

This is precisely what the Troika did to the PIIGS to destroy them. They will then do this on a global scale to enslave us all.

give or take a few decades right

Thats in 4 years what hes talking about lol.

I dont think anything traumatic will happen by the 4 years.. unless some war breaks out that makes these countries to move in their position to becoming more of a world reserve. Similar how the US did back then.

[Das]

I have always had this nagging suspicion that bitcoin might be the currency of the new world reserve which all nations will have to use someday. Don't get me wrong, I'm not saying that btc is evil, but it could have been brought into existence as part of a grand master plan.

[TPTB_need_war]

Incorrect. It rarely ends that way. Only for entirely broken regimes. Sorry Armstrong has all the data. He invested $1 billion collecting it.

In another thread you predict USA will break into regions. Is this not the definition of an entirely broken regime?

Edit: let me give you a quick, incomplete hint. Read Armstrong for the many details and points. The failed regimes were due to dictatorship and/or a bankrupt ideology (e.g. communism in the Weimar Republic).  When the population remains very productive and the debt is actually quite small (e.g. the debt is only $19 trillion in the USA but the productive capacity of the people is that much or more per year), then the society is not failed. We are going to see transition to a world reserve currency. This is not about total failure of government, except Europe is trying hard to achieve that again. China, Russia, USA, Canada, Australia, etc are no where near failed societies.

There is nothing new in the concept of world reserve currency. It can have many components this time, this doesn't change anything in how individual countries manage their economies and their budgets. Individual countries are pretty bad. For bankrupt ideology we have the welfare state. The productive population is shrinking, the liabilities of the governments are growing, you even said this yourself up thread, and there comes a point where society fails unable to bear the weight of liabilities. Enter hyper inflation.

I have read quite a lot of Armstrong, I don't agree with everything.

What is happening is the productive people are breaking free from the unproductive. This is why we need a world reserve currency that no country can abuse.

The elite are doing creative destruction on the nation-state central  banks and currencies. But the productive sector will refuse to become socialists. My X gen is giving the middle finger to that.

Socialism is failing. Those with that ideology will fail. It is not an ideology held by everyone not like in Weimar Germany when everyone was tears and in love with the almighty Socalists and then Hitler. Those who disagreed, were unable to mount any defense nor defection.

I suggest you review this post about Texans and Texas:

https://bitcointalk.org/index.php?topic=1049048.msg14621869#msg14621869

trollercoaster had a similar post about rural Australians.

The Internet makes it possible for us to communicate to each other. Ideological, propaganda shit can't be hoisted on us who are awake. Trump is proving many people are awake. They read blogs.

[TPTB_need_war]

MUST SEE: former UK prime minister Margaret Thatcher warning and predicting everything that happened with the Euro:

https://www.armstrongeconomics.com/international-news/europes-current-economy/obama-telling-brits-to-get-to-the-back-of-the-queque-if-the-leave-the-eu/

[Gaugh]

I wonder when this one-world currency will commence...

[The Sceptical Chymist]

Enslave?  I think one wotld currency would be a good thing.   Anything to bring humanity together instead of dividing us. We need to tear down political boundaries and remake the world.   And hey, isn't that what bitcoin is for?