Bitcoin and The Death of Central Banking (2013-12-22)
By Dieter Benz
Politicians have made promises, but failed to fund them. No matter, the costs are being pushed forward to children and grandchildren via deficit spending, so party on.
Unfortunately, this vision is a mirage. There is a day of reckoning, its coming sooner than most think and it’s going to be massive. Many will be ruined, others liberated.
Building and preserving a safe, secure, healthy, active and prosperous life will be challenging, so let’s get a handle on where we are and where we’re headed.
Major Political Change follows Major Economic Dislocation.
Change is in the wind.
Technological advancement is growing exponentially. This explosion which began around 1995, as the internet came into its own, is turning our world upside down.
Such massive change can be extremely disconcerting, but it’s imperative to understand it cannot and will not be put off.
The Industrial Revolution took hold following one game changing invention, the steam engine.
The present revolution is coming at us from all angles and is significantly more profound. Get with it or get out of the way!
Europe’s Rothschild (Red Shield) family constructed an evil, octopus like central banking cartel that has funded dictators, started wars and oppressed mankind for centuries.
This Satanic cult has ensnared virtually all banking, finance, industry, commerce and government. Its ransacking of economies, societies and cultures, threatens mankind itself.
Fascist ‘crony capitalism’ sucks the middle and lower classes dry, turning large swaths of humanity into zombie debt serfs, after having pulled freedom, liberty and dignity from our very souls.
Agencies like NSA and GCHQ aren’t protecting us from boogeyman terrorists, they’re slave masters for the cartel.
Bitcoin’s just the first act of what’s shaping up to be one of the most popular and longest running plays ever. It’s about fundamentally transforming our world.
Many see Bitcoin as an encrypted, algorithmically driven digital currency, but it’s really a platform that’s going to support decentralization, allowing the planet to bloom and grow, as it fulfills its destiny.
Central banks, banks, payment systems (Visa, MasterCard, PayPal, etc.), fiat currencies, trading platforms, stock & commodity exchanges, corporate empires, governments and other parasites will be tossed into the abyss, historic relics from an earlier time.
Ruling elites, corporate oligarchs and political lap dog apparatchiks understand that change is headed their way. They’re feeling threatened and frightened, as the pedestal supporting hegemony, privilege and power is about to get yanked out from under them.
They’re powerful, well funded, entrenched and not about to step out of the way and hand over the reins without a knockdown drag out fight.
This fight has already begun. So far it’s been largely peaceful, but before it’s over pitchforks, guns and guillotines may come out of the closet, get dusted off and once again be pressed into humanity’s service. We hope it doesn’t come to that, but it’s going to be a wild ride, so buckle up.
As the year draws to a close, we want share an article by David Collum which provides an A-Z view of our present economic situation and a taste of what’s coming.
While nothing short of awesome, this read isn’t for everyone. It’s lengthy (plan on ingesting small portions daily) and assumes you already have some understanding of economics. Don’t be put off however, virtually everyone can enjoy and profit from David’s marvelous work.
Near the end, Collum reviews favourite books of 2013. This alone is worth the price of admission. Click here to read ‘2013 Year in Review’.
Merry Christmas and a Healthy, Prosperous 2014!
We’d love to hear your questions or comments below. Thank you.
* * * * *
Fair Use Notice: This website post may contain copyrighted material. Such material is made available for news reporting, educational and other limited purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in title 17 U.S.C. Section 107 of the US Copyright Law.
RestlessBoomers.com (‘RB’) has no control over and does not endorse any external Internet site that contains links to or references RB.