Blockchain/Digital Currency as part of 'The Great Reset'

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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Elvis » Wed Nov 11, 2020 8:36 pm

Agent Orange Cooper wrote:Wow, projection much?

No. I'll have a full reply (longer than three words) to the "Escaping the Global Banking Cartel" video by tomorrow. Thanks for posting it.
“The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.” ― Joan Robinson
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Agent Orange Cooper » Wed Nov 11, 2020 8:58 pm

Honestly Elvis, I wanted to reply to you with more than 3 words but given that you opened by calling me (a hardcore Bitcoin enthusiast) "a particularly deranged species of libertarian, government-hating misanthrope...only concerned about getting rich, the quicker the better with the least effort," what's the point? I was being called these things on reddit 8 years ago, not particularly interested rehashing that nonsense.
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Elvis » Wed Nov 11, 2020 9:42 pm

Agent Orange Cooper » Wed Nov 11, 2020 5:58 pm wrote:Honestly Elvis, I wanted to reply to you with more than 3 words but given that you opened by calling me (a hardcore Bitcoin enthusiast) "a particularly deranged species of libertarian, government-hating misanthrope...only concerned about getting rich, the quicker the better with the least effort," what's the point? I was being called these things on reddit 8 years ago, not particularly interested rehashing that nonsense.


Agent Orange, I apologize for my over-the-top characterization of BTC enthusiasts or proponents in general (and apologies to BS for tainting his thread with it), when I really just mean the fanatics who do fit my description. My impression comes from witnessing an online army of unpleasant, aggressive Bitcoin "hornets." Andreas Antonopoulos (in the video) seems nice enough, and I'll sleep on what he said (I took notes), think about what I do like about Bitcoin, and reply tomorrow. Then, if there are errors in my understanding, I sincerely hope you or someone will point out and describe them.




edit: a couple of last-minute edits
“The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.” ― Joan Robinson
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Agent Orange Cooper » Wed Nov 11, 2020 10:04 pm

*fist bump* All good. I'll try to respond in kind.
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby DrEvil » Thu Nov 12, 2020 10:04 am

^^Honest question: what do you do with it? Is it just buy low, sell high, or are there practical (legal) uses for bitcoin? It's my impression that it's too volatile to be of much use as a currency.
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Belligerent Savant » Thu Nov 12, 2020 11:28 am

.
Briefly -

in the near-term, Bitcoin/cryptocurrency is used primarily as an investment option in a similar way one may invest in Gold, for example. Ideally, it can be also utilized as a de-centralized means for transfer of payments and transactions without the need of a Bank (central or otherwise), cutting out the 'middle man' and providing greater agency/autonomy to the average person/consumer.

Part of the impetus in setting up this thread, however, is to highlight planned implementation of this tech as part of the '4th Industrial Revolution'/Great Reset for usage in a centralized fashion, as a means to expand control/tracking of all transactions and eventually do away with cash altogether (among other implementations/plans), though nothing is set in stone by any means at this point. There remains opportunity to utilize Blockchain tech/digital currency to the benefit of the majority. TBD.

Re: accessibility for the layperson, the recent news from PayPal is a 'stepping stone' towards utilization for everyday transactions. More of this type of adoption is likely to follow in the months+ ahead.

PayPal Launches New Service Enabling Users to Buy, Hold and Sell Cryptocurrency
Oct 21, 2020

https://newsroom.paypal-corp.com/2020-1 ... tocurrency

Also:
Here's a take from a Bitcoin 'bull', which is separate and apart from some of the key themes we may explore here, but provides a sense of the sentiment shared by certain investors:

https://markets.businessinsider.com/cur ... 1029720375
Bitcoin is a store of value, like "digital gold," and will unlikely be used as traditional currency for the next five years, the former Goldman Sachs partner and hedge fund manager Mike Novogratz told Bloomberg.
The Bitcoin bull expects the digital currency's price to keep rising as more people pile into the idea of adding it to their portfolios.
He expects several banks and credit-card companies to catch up to PayPal's recent decision to allow customers to transact in cryptocurrencies.
"It's no longer a debate if crypto is a thing, if Bitcoin is an asset, if the blockchain is going to be part of the financial infrastructure," Novogratz said. "It's not 'if', it's 'when', and so every single company has to have a plan now."



Agent Orange Cooper, Elvis or others may chime in with their thoughts as well, of course.
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Belligerent Savant » Sat Nov 14, 2020 7:19 pm

Image



"Deutsche Bank Believes Cash Will Become Extinct"
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Belligerent Savant » Sun Nov 15, 2020 4:02 pm

.

As with any new technology or pending mass-adoption (forced or otherwise), there is the potential for good... or at least, good intent. But more often than not, those with the most money and influence do not have good intentions.

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https://twitter.com/fivestarmichael/sta ... 3117679616


Specific to digital currency:

Image

https://patentscope.wipo.int/search/en/ ... =PCTBIBLIO

Abstract
(EN)
Human body activity associated with a task provided to a user may be used in a mining process of a cryptocurrency system. A server may provide a task to a device of a user which is communicatively coupled to the server. A sensor communicatively coupled to or comprised in the device of the user may sense body activity of the user. Body activity data may be generated based on the sensed body activity of the user. The cryptocurrency system communicatively coupled to the device of the user may verify if the body activity data satisfies one or more conditions set by the cryptocurrency system, and award cryptocurrency to the user whose body activity data is verified.

Image

Applicants

MICROSOFT TECHNOLOGY LICENSING, LLC [US]/[US]

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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby DrEvil » Fri Nov 27, 2020 2:49 pm

It lives!

https://arstechnica.com/tech-policy/202 ... ed-format/

Facebook’s Libra currency to launch next year in limited format

Long-awaited project to arrive as soon as January, with just one dollar-backed coin.

Hannah Murphy, Financial Times - 11/27/2020, 7:02 PM

The long-awaited Facebook-led digital currency Libra is preparing to launch as early as January, according to three people involved in the initiative, but in an even more limited format than its already downgraded vision.

The 27-strong Libra Association said in April that it had planned to launch digital versions of several currencies, plus a “digital composite” of all of its coins. This followed concerns from regulators over its initial plan to create one synthetic coin backed by a basket of currencies.

However, the association would now initially just launch a single coin backed one-for-one by the dollar, one of the people said. The other currencies and the composite would be rolled out at a later point, the person added.

....


More at link
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Agent Orange Cooper » Sat Nov 28, 2020 4:43 pm

Image

HODLers are the Revolutionaries
DAN HELD
JANUARY 6, 2019

https://www.danheld.com/blog/2019/1/6/hodlers-are-the-revolutionaries
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby DrEvil » Sun Nov 29, 2020 5:09 pm

^^A couple of points:

“A stable and sustainable ideology must be the foundation of all cryptocurrencies. No amount of cryptography, or consensus protocol development will help a cryptocurrency with an unstable and bankrupt ideology. Stable ideologies allow communities to thrive”. — Kay Kurokawa


If Bitcoin grows much larger, it may force governments to become a voluntary organization. Through hodling we may finally be free.


First off, that second quote is utterly delusional. If Bitcoin becomes a threat it will be banned or co-opted.

Secondly: so.. objectivism? The most selfish ideology around? It's morally bankrupt by default.

Also:

The invisible hand mechanism is too profound and powerful to artificially replicate.


Ahahahahahaha! :rofl:

I'm sorry, but Dan Held needs to lay off the Kool-Aid.
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Agent Orange Cooper » Wed Dec 02, 2020 12:11 am

Just going to drop this here for anyone interested. It's a 2 hour conversation with Michael Saylor, CEO of MicroStrategy, who recently made waves in the summer by purchasing ~$500 million worth of BTC to hold as a reserve asset for his company (in lieu of cash). That's about ~$725 million worth now . He also happens to be highly intelligent and articulate on why he made that decision. Check it out if you have the time. Convo starts around 3 minutes in.

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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Belligerent Savant » Thu Dec 03, 2020 1:04 pm

.

Worthy of cross-posting, given the numerous references to blockchain/digital currency:

Belligerent Savant » Thu Dec 03, 2020 11:59 am wrote:.

This can also be posted on the more recent 'digital currency/Great Reset' thread, but I'm placing it here as it applies more broadly to larger WEF/"Great Reset" agendas.

https://wrenchinthegears.com/2020/10/27 ... t-prisons/

How Data-Driven Government and the Internet of Bodies Are Poised To Transform Smart Sustainable Cities Into Social Impact Prisons

What follows is a transcript of the remarks I made as part of an online forum, Politics In And Out Of Europe, hosted by Rutgers University’s Center for European Studies on Monday October 26, 2020. There were two panels followed by an hour of discussion. I was the second presenter. Framing remarks and response was provided by Naomi Klein. Video of my portion of the event here. All combined, it’s about a half hour. I reference two blog posts. One is about solutions journalism and impact media and the other is about Omidyar Network and digital education as well as the resolution against blockchain identity passed by the NAACP last year (search for “blockchain”).

Introduction: Alison McDowell is a mother and an independent researcher based in Philadelphia, PA. She blogs at the intersection of race, finance, nature, and technology at wrenchinthegears.com. Her activism began fighting to slow the privatization of public education in her city. These efforts eventually led her to an examination of globalized poverty management, euphemistically known as social impact investing. This new form of capitalism – biocapitalism or stakeholder capitalism – aims to turn humans into data commodities. As the Fourth Industrial Revolution, which has been planned out by Klaus Schwab and the World Economic Forum, seeks to replace human labor with artificial intelligence and robotics, a problem has arisen as to how life can be made profitable for transnational global capital interests once the poor have no buying power and are drowning in debt. The solution? Human capital bond markets, but first everyone must be tagged and trackable for “impact.” That’s where biometric Covid health passports come in. Alison welcomes curious engagement and fellow travelers. You can follow her on Twitter at @philly852.

We’re living in tumultuous times with polarizing political theater and pandemic providing ample cover for the roll out of the Fourth Industrial Revolution. From the World Economic Forum’s outpost at San Francisco’s Presidio, the tentacles of dispossession triggered by Klaus Schwab’s “Great Reset” are rapidly encircling the globe.

We are witnessing the culmination of a century of machinations by western social engineers. We see predatory philanthropy using such euphemistic framing as “Living Cities,” “Healthy Cities,” “Resilient Cities,” and “Build Back Better” to package the profoundly anti-human and anti-life initiatives coming out of Davos as aspirational goals for “smart” living.

The oligarch class asks us to play along and overlook the fact that all of this smartness rests on a foundation of continued growth, fossil-fuel expansion, child labor, toxic waste, and space pollution. They demand we overlook the insatiable energy requirements needed to run the augmented reality Internet of Things illusion. That we put out of our minds the existence of vast data centers cooled 24/7 with the water of a thirsty, poisoned world.

They’ve outdone themselves propagandizing youth to cheer on transnational global capital’s plans to implement a final “green” solution. Though my hope is after months of digital alienation people’s spirits will stir in time to derail the intentions of this cruel biocapitalist regime's aim to push us away from our rightful connection to natural systems, and one another, and instead, into isolated virtual realms. The spell of faux ICT sustainability must be broken.

Predatory debt-finance got a spit and polish makeover, rebranded as circular economies and stakeholder capitalism to make it more palatable. Post-Covid, vast poverty mining enterprises will emerge from the ashes. Smart city sensor networks, predictive policing, and public-private partnerships will latch onto shell-shocked families trying to pick up the pieces.

And while Bitcoin-loving Agorists dream of liberation on Blockchain, central bankers have an entirely different vision in mind. They are conjuring a future of data flowing through digital wallets, fuel for an emergent social impact economy, one carefully plotted out for Third Sector, now Fourth Sector, implementation by Social Finance and Sir Ronald Cohen, Harvard Business School graduate and father of UK venture capital.

Bloomberg Philanthropies Digital Innovation Project and the Global Parliament of Mayors based out of The Hague will ensure gov-tech and open data platforms are ready to deliver all the data that is needed. Conveniently, a new “operating system for government” developed by Neil Kleiman of NYU’s GovLab and Stephen Goldsmith of Harvard Kennedy School’s Data-Smart City Solutions, will permit politicians to deftly shift accountability for devastating policies onto faceless cadres of analysts. Dashboards are effective weapons to sway populations conditioned for compliance. It’s difficult to effectively direct public sentiment against something as ephemeral as an algorithm.

The war on terror has been swapped out for pandemic preparedness, which should work out well for the World Bank’s efforts to grow their vaccine and pandemic bond markets. We all pose threats to state security simply by living in a human body. Robot police dogs, drones, facial recognition cameras, wearable sensors, and biometric tracking are framed vital investments needed to keep communities “safe” in what is rapidly becoming a global open air prison. Track and trace free-range humans; look to industrial farming; look to wildlife management; look to Gaza; look to The Commons Project.

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CommonPass isn’t their only venture. Not by a long shot.

It’s not just air travel that the Rockefeller Foundation and the World Economic Forum intend to regulate. In their imagined future, presentation of tokenized credentials will be required to go to work, to school, to the store, to access public buildings and events. Such micro-management was unfathomable mere months ago, at least to everyone not in on the scheme.

When we speak of politics, when we speak of citizens’ rights this is THE game changer. Who voted in Common Pass? Who decided individual liberties will now be governed by apps advanced by corporations that stand to profit from population management?

How relevant will national borders be in an age of real-time geo-fencing? Pass laws have long been used to control targeted populations: on Indian reservations, in Nazi Germany, in Apartheid South Africa. Now we have Serco. Now we have legal discrimination based on health status? In the global biosecurity state on any given day the border could very well end up being your front door.

If we don’t object, moving forward blockchain tokens representing all sorts of digital assets, including rights and privileges, will be held in digital accounts. Social entrepreneurs need these biometric identity systems in place in order to install their planned impact economy. Using health status as an issue of national security, our hijacked governments plan to impose this upon us, not for our own good, but because the biocapitalist agenda must proceed.

Few realize it, but the Covid drama is providing cover for a far more insidious program of perpetual tracking and tracing tied to health management and Sustainable Development Goal . Health data will create new equity markets meaning more and more wearable tech surveillance. The Impact Management Project’s practitioners, the asset holders whose greed led to a world beset by chronic illness, have structured profit centers in Internet of Things preventative care – social determinants of health weaponized.

What we are living through is not a public health emergency but a reset of the global economy managed from Davos on behalf of the finance, technology and defense sectors. This “new normal” is totalitarianism wrapped up in a shiny “green” bow.

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The post-Covid world will be characterized by welfare dependency on a scale heretofore unimaginable, justifying the creation of innovative human capital debt products. Portfolios of people, poor people, will emerge as a new asset class enabled by pay for success government contracts.

Education, training, healthcare, counseling, nutrition, and housing services all aligned to the United Nation’s Sustainable Development Goals to generate the metrics needed to satisfy contractual obligations. The richness of life narrowed to fit the stingy confines of a data analyst’s worldview.

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This is a diagram featuring a digital wallet where food assistance funds are stored on blockchain with coded nudges guiding a recipient’s food purchase behaviors.

Stakeholder capitalists can’t profitably mine poverty without biometric identification that can be used to aggregate interoperable data. Vaccine registries are central to this program. GAVI is a key player with Gates sitting at the pinnacle of the Stakeholder Capitalist pyramid. ID2020 efforts running through the United Nations will ensure no one “gets left behind,” but few are aware the US Department of Homeland Security bankrolled much of the World Wide Web Consortium’s work in the digital identity space.

As I prepared these remarks I couldn’t help but mull over the intelligence communities’ interest in signals intelligence, weaponized narrative, simulation, predictive modeling, and social contagion. How will our collective voices ripple through this militarized cloud architecture into the general consciousness and beyond? Such are the thoughts that haunt the corners of a Zoom consciousness – Bluffdale and the NSA always out on the horizon, you know?

But those with eyes to see have the duty to speak.

So I am here today as a mother.

I am here as a mapper of geographies of power, as a voracious LinkedIn profile reader, and a viewer of obscure government webinars.

I am here as a resident of Philadelphia, a “smart” city set up for predatory “what works” “data-driven” government.

I am here to shine a light on municipal nudge units funded by self-interested foundations seeking to replace civil servants with apps that manage citizens as agents in behavioral economic equations.

I am here as a human relative living among a multitude of non-human beings on this beautiful earth, not yet remade as a planetary computer to profit social impact investors.

I am here as a lover of stars who opposes the weaponization of space, the atmosphere, and our weather systems.

I am here as a voice for peace who views 5G and the planned 6G installation as a domestic military occupation.

I am here to speak of Davos’s plans to deny us the opportunity to communally atone for and begin to remedy the devastation capitalism has wrought against nature and Indigenous people.

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I am here because we have entered a cyborg era in which sociopathic billionaires and defense contractors want to fundamentally alter what it means to be human, tapping nano-technology and morally bankrupt scientists to do their dirty work.

To the wealth hoarders, the masses exist as nodes in the Internet of Bodies, nodes that must be separated from the cosmic dance through force of law, hydro-gel biosensors, and blockchain.

Will you own your ledger or will your ledger own you? We are looking at a future where the masses will forfeit their innate human freedoms in exchange for the behavioral currency needed to survive within the panopticon.

Human capital bonded. Each life calculated according to its perceived burden on the coming robot society, at least in the eyes of hedge fund traders as they place their bets.

Don’t worry there’s safety on the “continuum of care” pathway. Just do as you’re told and keep your social credit score where it needs to be.

Every move in every country advances lockstep – a playbook aligned to strategic investments made over decades by philanthro-capitalists like Bill Gates, Mark Zuckerberg, Pierre Omidyar, Steve Ballmer, and Marc Benioff.

Will human rights mean anything once financiers, faith community endowments, health insurers, pensions, and even sovereign wealth funds hold our futures in escrow?

Rockefeller Foundation-funded think tank change agents have cleared the way for life to be railroaded into virtual space – for our own good, the good of the planet, in service of the World Bank’s One Health initiative.

The oligarchs will use the UN Sustainable Development Goals to justify imprisoning the planet using sensor networks. Once the electrical engineers have nature and humanity firmly in their grasp, transnational global capital can channel its concentrated wealth through our bodies, our social relationships, and our non-human kin.

As we stand on this threshold questions must be asked.

Who intends to rule life on Earth?

To what end?

On whose authority?

So today I am here to declare on behalf of the women of the world to say we do not consent to Davos’s Fourth Industrial Revolution.

In this battle of sacred and profane we stand ready to defend the children and the earth from further predation and to strive towards a future of reciprocity and abundance and spirit.



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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby dada » Thu Dec 03, 2020 3:47 pm

I think the piece successfully argues itself into a corner. Closed off all avenues to thinking outside the box.

Who knows, advanced tech may be just the tools needed to turn whatever tables need turning. And it's practically being handed to us.
Both his words and manner of speech seemed at first totally unfamiliar to me, and yet somehow they stirred memories - as an actor might be stirred by the forgotten lines of some role he had played far away and long ago.
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Re: Blockchain/Digital Currency as part of 'The Great Reset'

Postby Belligerent Savant » Thu Dec 03, 2020 4:33 pm

.

True, nothing can be discounted. The author's position seems to be that the technocrats (for lack of a better single term for the various entities involved) are not to be trusted, and left unchecked, will operate to the detriment of the majority.

Perhaps there could be alternative communities that will develop, leveraging this new tech, for more local, self-sufficient needs. Or otherwise, these developments, if carried out even in a worst-case scenario as depicted above, can open the door towards off-grid communities: those that will opt-out completely, creating their own variation of a neo-Amish lifestyle...

Wouldn't be bad at all if such options are permitted to germinate.
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