Exciting things on the horizon. After looming over American politics and life for nearly two years, the useless Mueller has concluded his "honorable" investigation into something or other. All high level child traffickers, suspected pedophiles, and Soros operatives remain conveniently free and even gainfully employed at the close of Mueller's nearly $50 million taxpayer-funded investigation, to make sure all of us really liked Donald J. Trump more than Shrillary.
Don't you feel safer now, post-Mueller?!
THE KREMLIN HAS BEEN KEPT AT BAY, THANKS TO HONORABLE MUELLER'S HEROISM!
Currency is a tension layer, and in modern life currency is needed to get things done, to collaborate with others or to get products and services. We don't live in a Haight-Ashbury sex commune, nor do we live in a distant money-less Star Trek future, and I'm thankful that's the case.
Better money systems have already been accepted by the more than 100 million of us who use blockchain/cryptographic money -- peer to peer money, run by software and where the total supply is easy to check, unlike our central bank fiat currencies, which are run by alcoholic occultist pieces of garbage. In my strongly held personal opinion only!
As with the peer to peer file sharing revolution that disrupted Hollywood and the recording industry more than a decade ago, peer to peer money is also a very disruptive idea, and set of applications. Just as with P2P file sharing services, demand for a particular file or song can drop very low, and very few peers can be hosting the file, making it hard to come by, or slow to download. Yet, by the same unknowable animal spirits, suddenly a song or file can take off on a P2P network, becoming readily available for download and re-sharing within seconds.
So, too, can interest in specific P2P money networks like Bitcoin or Ethereum drop off unexpectedly, leaving "bagholders" (the remaining users of the network, in this case) in an uncomfortable place. Yet, unknowable animal spirits one early morning or late afternoon or whenever the bell tolls, can send demand for these rare, mineable blockchain assets into the stratosphere. Not financial advice, but with the blockchain, feast and famine are both possible.
This is part of what bothers conventional thinkers about the rise of blockchain money, I think.
Because there is no intermediary of a central bank nor is there a protective surrounding consortium of Too Big To Fail tightly regulated banks to dampen the blow of any market swings, what happens?
Well, a proper functioning rare cryptocurrency can hitch itself to the animal spirits of the market, and that becomes one wild ride over time:
-- When the animal within us is very satisfied, oh the national economy is very strong, oh the fiat currencies are run very well and the water is clean and the wi-fi is fast and the politicians are honest: then our faith in the establishment orthodoxy can become nearly absolute, and that leaves little room for cryptocurrencies, or independent media figures who publish on the Internet, or awakening. The establishment becomes temporarily appealing and although inherently unsafe, markets itself as safe.
-- When the animal within each of us is uncertain and increasingly unsatisfied, oh the national economy is nearing the end of its growth cycle, oh the fiat currencies are opaque manipulated garbage run by sociopathic drinking buddies of the Rothschilds, oh the evening news anchors are clown-like junkies who have spent the past two years on Russiagate, a hoax. When this sentiment or any variety of it takes hold in the public mind, cryptocurrencies at the edges of our society, and independent media figures who can't be bought or finessed, become very sought after, and can gain in notional value significantly, as can new political models of thinking such as populism, decentralized voting systems, etc.
At day's end, what is happening is very exciting: millions of us, productive members of society with real purchasing power and real aggregate economic productivity, are partially abandoning the old financial systems hoisted upon us since birth, instead choosing to go P2P -- to let software, open source and mass peer reviewed software, decide the quantity of currency between us, instead of alcoholic bureaucrats in far off lands.
Instead, I'd argue that the mass public support for modernizing our financial system can only come after we see how corrupt, how occult, how strange, and ultimately how unacceptable the past crop of leadership was.
The political leaders produced over time by fiat currency largesse are losers, not innovators.
I'm very satisfied with the number of you who have signed up for the end of the month March 30th and 31st two day livestream. I'll be doing a Zoom video conference call from D.C., attendees will get the link sent to them to watch the call and to ask me questions throughout! We'll be going over Bitcoin and Ethereum basics, as well as our plans for ETH.video here at FULCRUM. If you haven't yet signed up, you can still get info and do so here!
Aside from the financially liberating aspects of P2P money, the blockchain also allows for leaps in information security. The data in a blockchain is in theory unalterable, and backed up all over the world simultaneously, which is why an idea like ETH.video will be very disruptive to the establishment. The kinds of censorship and topic dampening we've all noticed on YouTube will simply not be possible within a truly democratized, blockchain-based video platform.
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