Tuesday, December 10, 2013

How To Take Back The Power And Get Rich Doing It

If there is one thing I hope you've learned from this blog and your other reading sources it should be the simple fact that money rules the world.
"Permit me to issue and control the money of a nation, and I care not who makes its laws." - Mayer Amschel Rothschild
"If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.” - Thomas Jefferson
Sadly, if you've heard of the term Fractional Reserve Banking you would know that what Thomas Jefferson is speaking of is exactly what we have done in the good 'ol USA (and around the world).  Because of this, banks literally create their own money, which is why they are commonly believed to be the most corrupt institutions in the world.

We finally have a solution.

The solution is decentralized, peer to peer currencies, commonly referred to as Crypto-Currencies. The first major currency to break open this Pandora's box is called Bitcoin.  Here's a short, simple video to give you a brief explanation of how it works.


First, let's explore the idea more deeply.  This is a peer to peer currency, which means you don't have to go through any bank for any transaction.  Not only do you get to avoid lining the pockets of banks by their charging of huge fees, but it actually costs less to do business which saves you money.

Being that this currency is relatively anonymous makes it hard to track and regulate. You might think that the government would then want to shut it down as they can't control it.  This would also be its biggest hurdle to mainstream acceptance. On Monday, November 18th, 2013 the senate convened for hearings on Bitcoin.  It turns out that they actually found it to be a legitimate currency. Via the Wall Street Journal
"The hearing provided a financial lift to bitcoin as U.S. officials, who have previously highlighted the currency's role in money laundering and other illicit activities, called it a "legitimate" financial service."
Ironically, even if the government wanted to shut down Bitcoin, they couldn't!  Bitcoin traffic on the Internet looks exactly the same as normal traffic.  The only way to shut down Bitcoin is to shut down the Internet.  Since shutting down the Internet is not only impossible, but would bring our current money and economy to a halt, they can't do that either.


Simplifying things, how it works to validate each transaction and keep it decentralized is every single transaction that is done in Bitcoin gets validated not by a central authority such as a bank which is used for most standard fiat currencies like the Dollar, Euro, Yen, etc. but by the users (technically miners) themselves. Due to this distributed, decentralized nature it actually avoids fraud and general manipulation in the system.

This means that every single Bitcoin wallet that exists has a record of every single transaction that has occurred, ever.

This brings me to the biggest argument against Bitcoin. Many people, and mostly people that have power and stand to lose it, will say that due to its relative anonymity it will mostly be used for criminal activity. Because of the fact above, it actually makes money laundering and large scale theft practically impossible because anyone in the world with a wallet could view the transactions and prove the theft fairly easily. Because of this the usual fiat currencies still see criminal activity far in excess of any crypto-currency, including Bitcoin.

Now for every one's favorite thing to talk about regarding Bitcoin, how you get rich.  As an example, I heard of this currency in 2009 and after doing some digging I thought I would invest a couple dollars.  I didn't do it because I thought I would get rich.  I did it because I saw the value in the concept. I ended up buying 5 coins at $5 each.  As of this posting it is bouncing between $950 and $1,050.  What a good investment!  Many might think this is at or near a top in the price. Sure, a thousand dollars is a lot to get in, but you can also buy as small a fraction of Bitcoin as you like.  Invest $10 if you want. I think we are still in the early phase of the currency's acceptance and the value will continue to increase as Bitcoins become more widely accepted.

All of the major barriers against its acceptance have dropped.  The US government thinks it is a legitimate currency, as do many other governments worldwide.  It has already seen a pump and dump attempt from about mid-March 2013 through mid-April 2013.  The price was bid up from about $35 to about $225 and then dumped.  However, Bitcoin survived and since it enjoys much more widespread acceptance now, it has proven that it is immune from this type of attempt to kill it.

Suppose Bitcoin does achieve worldwide acceptance as a currency.  What then would be the proper exchange rate between the US Dollar and the Bitcoin?  This is done with simple math.  Using today's supply figures (which doesn't include massive dollar printing in the future) we can come up with some pretty easy numbers.  According to the most accurate money supply figures available for US Dollars (via Shadowstats.com) the M3 index has about 16 Trillion Dollars in existence. The current count of Bitcoins in existence as of this writing is 12,104,975 (according to Block explorer, which is exact). This doesn't take into account lost Bitcoins and on the dollar side, these numbers definitely don't take into account the secret loans from the fed previously mentioned (totaling another $16 Trillion Dollars).

Using the official numbers as of this writing (16,000,000,000,000/12,104,975) each Bitcoin will be worth $1,321,770.59!!!!!

In conclusion, are you looking for a way to take back your power from corrupt institutions, avoid big brother, save money, and get rich in the process?

You have your answer.

UPDATE: Now Overstock.com is planning to accept Bitcoins by the second half of 2014.

Thursday, September 26, 2013

Wednesday, April 17, 2013

Tuesday, March 26, 2013

Cyprus: EU's Turning Point

Have any of you heard of Cyprus? It's a small mediterannean island country.  Sadly, their banking system is insolvent (like the rest of the EU).  So they asked the European Central Bank (ECB) for a bailout.  The conditions the ECB set on this bailout has and will change the entire scope of European banking.

A country-wide Bank Holiday was called and the ECB required the major Cyprus banks to confiscate a percentage of deposits held at the banks in order to get the bailout.

Cyprus turned down this offer, with not one single parliament member voting for the resolution.  Capital controls were enacted shortly after, restricting people to only pull 100 Euro's a day maximum.  Then there was much wrangling and finally on Sunday 3/24/13 a "deal" was made.  The ECB went around the Cyprus government and made a deal that would see all insured deposits (Under 100,000) stay untouched and any deposit greater than that amount will see 40%-100% confiscated.

Think about what these moves will cause.  It will cause anyone with an account to pull their money out, bank run style.  So now they're saving banks that can't be saved because nobody wants to deposit money there.

Even worse, the European Financial Minister yesterday called Cyprus a template for what is to come.  Of course he later tried to withdrawl his statement, but that was only because it sent the Euro spinning.

Now we find out that even though he tried to retract the statement, it's absolutely true.  Because now we have an EU parliament resolution being pushed through that will make this the model for all of Europe.

Yes, you heard that right.  If you have over 100,000 Euros in an account in the EU and your bank goes down, your money will be taken.

If that bill passes be ready for massive bank runs in Europe.  If that occurs you can bet it will spread to the rest of the world.

UPDATE - It's already happening

UPDATE 2 - The idea has already jumped the pond

Wednesday, March 6, 2013

US Navy Admits to Weather (and Earthquake) Modification

It has finally been admitted.  The US Navy last week admitted that from their 3.6 Megawatt HAARP facility in Alaska they have created a sustained high density plasma ball in the atmosphere.
"Previous artificial plasma density clouds have lifetimes of only ten minutes or less," said Paul Bernhardt, Ph.D., NRL Space Use and Plasma Section. "This higher density plasma 'ball' was sustained over one hour by the HAARP transmissions and was extinguished only after termination of the HAARP radio beam." Source
 
If you read closely you will notice that the radio frequencies they are using to create this plasma bubble is within the exact same range that Nexrad radar uses in tracking storm systems.  This means that those circles/rings/boxes that show up on weather radar have been artificially created using an atmospheric heater.  This is proof that our atmosphere is being artificially heated, which has the ability to alter weather patterns.  Here is Dutchsince to explain further:



Going one step further, researchers have noticed the same strange ionospheric anomalies have shown up before a lot of recent major earthquakes. Let's look at the abstract from a Harvard paper discussing these ionospheric anomalies that were noticed just before the 9.1 earthquake off of Japan last year.
"We investigated the ionospheric anomalies before Tohoku earthquake that occurred near the northeast coast of Honshu, Japan on 11 March 2011. Ionospheric anomalies by the total electron content (TEC) derived from a ground-based GPS network in Korean Peninsula were detected during the daytime within a few days before earthquake. It is found that ionospheric TEC anomalies appear on 5, 8 and 11 March. In particular, ionospheric disturbances on 8 March represented a remarkable increase in TEC. GPS TEC associated with Tohoku earthquake had a positive property with an enhancement of about 20 TECU. This positive correlation is revealed in local and global TEC variations simultaneously. To investigate the pre-earthquake ionospheric anomalies, the space weather conditions such as solar activity index (F10.7) and geomagnetic activity indices (the Kp and Dst indices) are taken into account. We have also created two-dimensional TEC maps to show the spatial variations of ionospheric anomalies before earthquake." Source
 
This increased Total Electron Content is exactly what HAARP does when it creates the plasma clouds in the atmosphere.

Here's another paper published in the Journal for Geophysical Research showing the same atmospheric anomalies before the 2/27/2010 earthquake in Chile.

"We present a study of plasma density variations observed by the DEMETER spacecraft in the vicinity of a very powerful earthquake in Chile. This earthquake of moment magnitude 8.8 occurred on 27 February 2010 with an epicenter located at 35.85°S, 72.72°W. Data recorded 10–20 days before the main shock along orbits close to the future epicenter show increasing plasma densities. In a second step, a statistical analysis with DEMETER data has been performed using the first 3 months of the years 2007–2010 to monitor density variations in the vicinity of the epicenter at the same local time and seasonal conditions. This study shows that a large increase of the plasma density is very uncommon at this location and at this time and that the increases observed during the days before the main shock could be considered as possible short-term precursors of this powerful earthquake." Source
 
Following the dots we have atmospheric heating going on every day as can be seen on any live radar feed.  Now we have the Navy admitting that they heat the atmosphere.  It has already been proven that atmospheric heating alters weather patters.  Now we have very credible papers showing these same ionospheric anomalies that the Navy described as "Plasma Clouds" have been linked to the largest earthquakes of the last three years.

We thought altering weather and creating earthquakes was science fiction.....

Think Again
 

Thursday, February 14, 2013

MUST READ: Too Big to Jail

In yet more proof of two systems of justice, the DOJ doesn't put anyone in jail for laundering TRILLIONS of dollars for drug cartels, Terrorist Organizations, and Rouge Nations.

Gangster Bankers: Too Big to Jail