Thursday, June 8, 2017

The Math of Bitcoin and Why it is NOT yet in a Bubble!

I have read many articles lately claiming that Bitcoin is in a bubble.  Some proclaim it similar to the famous Great Tulip bubble of 1637… but that comparison is only for those who do not understand the significance of what is happening currently with blockchain technology.  If you are new to Bitcoin and blockchain technology, I would suggest that it’s highly important for you to take the time to research the basics of how it works and why it’s different – simply Google “how does Bitcoin work.”

The main argument of those who proclaim it to be in a bubble is that the people buying it at these prices are not buying it for its original purpose – which they believe to be enabling transactions.  Yes, it is being used for transactions, much more than 100,000 businesses now take Bitcoin for transactions.  But instead naysayers believe that others are buying it as an “investment” and thus will surely be burned.

For me, and I believe most who understand what is happening, we are not buying it for either of those reasons.  We own it because we see it acting as a “store of value,” where nothing else priced in dollars is.  With interest rates artificially low (manipulated by central banks), a normal person cannot earn even near the pace of actual inflation with any type of traditional savings account.  Bonds are artificially in a bubble, stocks are artificially in a bubble, real estate is in yet another bubble, everywhere one who understands bubble dynamics looks they see a bubble (but not Bitcoin, people are trading in their worth less and less dollars for them).  The bubble is the dollar – the world’s “reserve” and “petro” dollar is being drowned by central banks all over the globe, not just our own “FED.”

And thus there is no store of value to be found.  This is a terribly ugly situation for people who believe in hard work and saving to get ahead; to someday retire comfortably.  Retirees on fixed incomes simply cannot, and will not be able to keep up as the impossible math of dollar debt continues on its vertical ascent.

We would love to love gold and silver, but those too, are manipulated by central banks who own the majority of it.  They manipulate and derivative the markets to artificially keep devaluation of the dollar hidden.

Control of the dollar is centralized with the banks, that’s why we refer to them as “central” banks.  All the power and control resides with them; as private individuals were wrongly, and illegally, given the power to “coin” money with the Federal Reserve Act of 1913.

What makes Bitcoin a better store of value?
1.  It is decentralized.  This is huge!  It means that it is not under the control of central banks, and thus cannot be manipulated directly by them.  This is THE MOST IMPORTANT aspect, it is a game changer as it changes the WHO is behind it – something that gold and silver do not do because central banks have printed “money” to buy the majority of it. 
Caution – Central banks may be able to indirectly manipulate blockchain currencies in the future if they create ETFs and other derivatives based upon them.  This, however, will not change the underlying store of value, and when it happens I would encourage you not to own the derivative, but to instead buy Bitcoin directly, again because it’s not in control of the central banks, is decentralized versus their centralized everything which makes them vulnerable.  Yes - Central Banks can print dollars and use them to buy Bitcoin, but that will only drive the price up and cause others to enter as well.  In the end they cannot manipulate what they don't control.
Even if central banks were to “ban” exchanges in one country, all one will have to do is join an exchange overseas.  This has the central banks trumped, it cannot be stopped.
To better understand the power of decentralization, please take the time to watch the video at the end of this post, or (click on this link).
2.  Unlike tulips, dollars, or even precious metals, Bitcoin is strictly limited in its supply.  This is where the math comes in.  Bitcoin was founded in 2008 and there will ultimately be only 21 million Bitcoin ever mined.  Today we are approaching the 80% mark, the remaining 20% will take years to mine, and the “mining” gets more difficult and slow as we go. 

This is a hard feature built into the coding.  It’s what makes Bitcoin a store of value – the more money that comes in, the more each Bitcoin is worth.  As I type, that is $2,774.00 per Bitcoin according to Coinbase where you can go to open an account, much like a brokerage account (there are currently 7.3 million Coinbase users).  Of course you can buy Bitcoin in any increment, you don’t have to buy them in whole units.

People all over the world can buy, own, and transact in Bitcoin.  There are now 7.3 billion people on the planet, so if all 21 million Bitcoin were distributed evenly to every person on the planet, each person would have only .0028767 of one bitcoin!

Another way of stating that math is that only 1 person out of every 347.6 people can possibly ever own a whole Bitcoin.

Today the market cap of Bitcoin is $45.17 Billion.  The more money that comes in, the higher the market cap, the higher the price of Bitcoin.

Many analysts start to compare Bitcoin’s market cap with that of large companies like Apple, whose current market cap is 18 times that of Bitcoin’s at $810 Billion.

But here’s the deal.  Bitcoin is not a company, it is a form of money.  Unlike dollars, there will not be an endless supply.  In fact, if you took the entire M2 money supply of the United States, currently $13.5 trillion, and put it all into Bitcoin instead, then each Bitcoin would be worth $642,857.  But Bitcoin is not just traded in dollars – it’s traded in every currency in the world.  And right now global M2 money supply is calculated as roughly $72 trillion, or $3.4 million per Bitcoin.

It’s true that other blockchain currencies are springing up like daisies, or tulips.  But their market caps combined are just now rivaling that of Bitcoin’s.  So, yes, they will be “diluting” bitcoin’s math.  Not all crypto currencies have hard limits to their supply, and that will mean that they will always be worth less.  Right now Ethereum is in second place with a market cap of about $24 billion compared to Bitcoin’s $45 billion.  Litecoin is another cryptocurrency designed to be “silver” compared to Bitcoin’s “gold.”  There will only be 84 million Litecoins ever mined, exactly 4 times the amount of Bitcoins.  However, Litecoins are currently trading for roughly 1/100th the price of Bitcoin, I would expect the math to eventually catch up as more people become aware of Litecoin’s also limited supply.

3.  Bitcoin is a better store of value because it is secure.  Decentralization and encryption make it secure.  It can be stored in electronic cyber “vaults” where you keep a hard copy of the encryption cypher.  This means that your exchange can be hacked, your computer hacked, but your bitcoin don’t actually reside in either!  They reside on someone else’s computer somewhere – and only you have the code to get to it.  Thus they cannot be confiscated by a government, a banker, or a hacker.

I liken this to the pursuit of freedom versus the pursuit of security.  When you pursue freedom, you get security at very little cost.  That’s what decentralization does.  Bitcoin is the pursuit of freedom – whereas centralized systems, such as central banking, or even socialism, are the pursuit of security and the abandonment of freedom. 

Pursue freedom!

4.  Bitcoin transactions are stored on a public ledger, all confirmed transactions are included in the blockchain.  Again, decentralized bookkeeping is less vulnerable and more secure than centralized legers.  This is where Ethereum, another blockchain currency, shines.  Ethereum is built upon an encrypted ledger and can be used for many purposes, not just as a currency. 

One use is that these encrypted ledgers will enable safe and secure online voting one day soon.

Someday Bitcoin will, in fact, be in a bubble.  But that day is not now, not even close.  The great thing about all cryptocurrencies is that they can and do exist alongside of whatever “money” we use for our transactions.  They also exist alongside of gold/silver, and may in fact be drawing money that otherwise would be seeking a store of value there.

So I say, let competition reign!  I will use dollars for transactions because I have to (for now), but I will use cryptocurrencies, gold, and silver to park my dollars so that the central banks cannot destroy their value.  And that in a nutshell is why Bitcoin is NOT in a bubble, and won’t be for quite some time.

That said, do expect many sharp pullbacks along the way.  Remember that NOTHING moves in a straight line, EVERYTHING moves in waves.  You need to pullback to fuel the next push higher – this is true with all waves.   The chart shape is definitely showing parabolic growth, but I expect that when looked at across many more years this will simply be a part of building a base.

Bitcoin Priced in U.S. Dollars - 6/8/2017


So how will we know that a true bubble has formed?  For me I know that cryptocurrencies are the future and that they will trade alongside sovereign currencies and will eventually replace them.  I will NOT own any cryptocurrency created or “managed” by a bank.  Until the market cap of Bitcoin rivals that of the United States, I will not be convinced that growth has stalled.  There are, of course, other signs we can look for.

As a review, here are HYMAN MINSKY’S SEVEN BUBBLE STAGES:

The late Hyman Minsky, Ph.D., was a famous economist who taught for Washington University’s Economics department for more than 25 years prior to his death in 1996. He studied recurring instability of markets and developed the idea that there are seven stages in any economic bubble:
Stage One – Disturbance:
Every financial bubble begins with a disturbance. It could be the invention of a new technology, such as the Internet (Bitcoin). It may be a shift in laws or economic policy. The creation of ERISA or unexpected reductions of interest rates are examples. No matter what the cause, the outlook changes for one sector of the economy.
Stage Two – Expansion/Prices Start to Increase:
Following the disturbance, prices in that sector start to rise. Initially, the increase is barely noticed. Usually, these higher prices reflect some underlying improvement in fundamentals. As the price increases gain momentum, more people start to notice.
*I THINK THIS IS WHERE BITCOIN IS NOW
Stage Three – Euphoria/Easy Credit:
Increasing prices do not, by themselves, create a bubble. Every financial bubble needs fuel; cheap and easy credit is, in most cases, that fuel (central banks creating it still like mad). Without it, there can’t be speculation. Without it, the consequences of the disturbance die down and the sector returns to a normal state within the bounds of “historical” ratios or measurements. When a bubble starts, that sector is inundated by outsiders; people who normally would not be there (not yet with Bitcoin). Without cheap and easy credit, the outsiders can’t participate.
The rise in cheap and easy credit is often associated with financial innovation. Many times, a new way of financing is developed that does not reflect the risk involved. In 1929, stock prices were propelled into the stratosphere with the ability to trade via a margin account. Housing prices today skyrocketed as interest-only, variable rate, and reverse amortization mortgages emerged as a viable means for financing overpriced real estate purchases. The latest financing strategy is 40, or even 50 year mortgages.
Stage Four – Over-trading/Prices Reach a Peak:
As the effects of cheap and easy credit digs deeper, the market begins to accelerate. Overtrading lifts up volumes and spot shortages emerge. Prices start to zoom, and easy profits are made. This brings in more outsiders, and prices run out of control. This is the point that amateurs, the foolish, the greedy, and the desperate enter the market. Just as a fire is fed by more fuel, a financial bubble needs cheap and easy credit and more outsiders.
(I believe stage 4 is still in the distant future for Bitcoin)
Stage Five – Market Reversal/Insider Profit Taking:
Some wise voices will stand up and say that the bubble can no longer continue. They argue that long run fundamentals, the ratios and measurements, defy sound economic practices. In the bubble, these arguments disappear within one over-riding fact – the price is still rising. The voices of the wise are ignored by the greedy who justify the now insane prices with the euphoric claim that the world has fundamentally changed and this new world means higher prices. Then along comes the cruelest lie of them all, “There will most likely be a ‘soft’ landing!”

This stage can be cruel, as the very people who shouldn’t be buying are. They are the ones who will be hurt the most. The true professionals have found their ‘greater fool’ and are well on their way to the next ‘hot’ sector.  Those who did not enter the market are caught in a dilemma. They know that they have missed the beginning of the bubble. They are bombarded daily with stories of easy riches and friends who are amassing great wealth. The strong will not enter at stage five and reconcile themselves to the missed opportunity. The ‘fool’ may even realize that prices can’t keep rising forever… however, they just can’t act on their knowledge. Everything appears safe as long as they quit at least one day before the bubble bursts. The weak provide the final fuel for the fire and eventually get burned late in stage six or seven.

Stage Six – Financial Crisis/Panic:
A bubble requires many people who believe in a bright future, and so long as the euphoria continues, the bubble is sustained. Just as the euphoria takes hold of the outsiders, the insiders remember what’s real. They lose their faith and begin to sneak out the exit. They understand their segment, and they recognize that it has all gone too far. The savvy are long gone, while those who understand the possible outcome begin to slowly cash out. Typically, the insiders try to sneak away unnoticed, and sometimes they get away without notice. Whether the outsiders see the insiders leave or not, insider profit taking signals the beginning of the end.
(This is where I believe Stocks, Bonds, Real Estate, Auto prices, Student loans, etc. are today; although it is wise to remember that the best performing markets in terms of percentage rise are the ones where hyperinflation is occurring - Zimbabwe, Nigeria, and today Venezuela.  An interesting thought is that we may see cryptocurrencies appear to be inflating while real assets move to another round of deflation - dollars seek safety/store of value)
Stage seven – Revulsion/Lender of Last Resort:
Sometimes, panic of the insiders infects the outsiders. Other times, it is the end of cheap and easy credit or some unanticipated piece of news. But whatever it is, euphoria is replaced with revulsion. The building is on fire and everyone starts to run for the door. Outsiders start to sell, but there are no buyers. Panic sets in, prices start to tumble downwards, credit dries up, and losses start to accumulate.
(When this happens to stocks, I expect Bitcoin and other cryptos to benefit).

In summary, it is the centrally manufactured dollar that is in a bubble because it is produced in unlimited quantity.  People who EARN dollars want to keep the value that they earned, and are thus rightly seeking freedom by buying Bitcoin and other cryptocurrencies.  Most importantly Bitcoin changes out the WHO is behind money.  It is secure because it is decentralized, and because politicians and private bankers cannot make an unlimited supply.

Monday, May 15, 2017

NSA Ransomware - Stupid is as Stupid Does...

The latest episode of Deep State stupidity is shining bright.  It's a perfect example of how the pursuit of security actually makes you less secure!

The NSA's spyware is now holding hundreds of thousands of computers the world over hostage.  The captured media at first didn't cover this - instead they continue to pursue Julian Assange, who warned us, and they use "The Russians are coming" fake narrative to cripple the Executive Branch because he is the one the people elected to drain the swamp.  The people want the Deep State drained!

The attacks of 911 were used as an excuse to create new "security" laws that deprive people of their freedoms; it was used to massively increase the size and depth of the Deep State, including the creation of "Homeland Security;" it was used to invade countries that didn't play along with our Oligarch's central banking scam; it was used to justify spying on the world, including our own people; and it was used to turn Americans into the greatest debtors the world has ever seen.

Does that make us more secure?  I think not.  I think quite the opposite.

In fact, bankrupting one's self in the name of security is plain old stupid.  So is spying on foreign diplomats and then not expecting that to be the standard of the world.

Now we have spyware that was created by the NSA wreaking havoc all over the globe.  Imagine - we spent trillions to spy on the world and now our own spy tools, that we paid for, are being turned against us.  Our own agencies work tirelessly to find vulnerabilities to exploit.  Instead of reporting and fixing the weaknesses, our Deep State losses control which is exactly the karma we should expect.

Freedom and security are inseparable.  Pursue freedom and you will have security at very little cost.  Pursue security and you will have neither!

Americans and the world need to wake up to how we're being manipulated.  Here's the chain of events:

- The primary check and balance of the Constitution was usurped by central bankers who bought off Congress and got the illegal Federal Reserve Act passed in the year 1913.

- The central bankers, our Oligarch masters, then created money from nothing and used it to buy for themselves all three branches of our government.  They also created wars and used the "solutions" to those wars to create global control mechanisms in the U.N., IMF, World Bank, and BIS.  They skim productivity and assets from the entire world in this fashion.  All politicians and judges work for them, they cannot get elected without their "money."

- The Oligarchs own the military industrial complex, the Deep State agencies, the media, pharma, giant "food" companies, our universities, everything... and use them to control us.

In the old days when they weren't getting their way, they would simply crash the markets until they got what they wanted.

Today they simply use the tools at their disposal to spin narratives to cover their covert manipulations.

Total capture.

As the world wakes up and realizes how their freedom has been captured, then it will once again be up to the people to claim the freedom that has been lost.  That day is approaching faster than anyone imagines.

The very same Oligarchs who run the world now will use the coming upheaval to simply create another system of control with them in charge.  For humanity's sake, we must not allow that to happen again.  We must install a proper rule-of-law, one that promotes freedom knowing that true security always follows freedom.

Our pursuit of security is costing us dear.  Nothing, however, will be fixed until we reclaim our Constitutional duty to have our representatives "coin money and regulate the value thereof."  That is the root of our sovereignty, and the key to our freedom that we ceded in the year 1913.



Thursday, May 11, 2017

What is Socialism?

To understand socialism, we must first understand a key fundamental and indisputable principal -  freedom and security are inextricably interconnected and cannot be separated.

When one pursues security, they wind up with neither freedom nor security.  But when one pursues freedom, security follows at very little cost.

Socialism is the pursuit of security and the abandonment of freedom.  When you pursue security you will wind up with neither security nor freedom!

The notion of entitlement is bankrupt and will forever be so.  This is because one person’s entitlement is always someone else’s burden – the sole exception is your right to exist, be blissful, and to attempt to influence the future.

The burden of entitlement is why socialism, in any of its evil forms, has always eventually failed.  It is against human nature and is an improper rule-of-law to take from those who are productive and then give it to those who are not.  It destroys the incentive to produce, so that no one eventually does.

This is not open to debate, the failure of socialism is well documented.  I have witnessed it with my own eyes and have shared just one of my many experiences with you here - Adventure into the Soviet Union at the Height of the Cold War.  That section begins about half way through the article, so please scroll down to it on that page.

Like the road to hell, most socialists and social structures were founded on good intentions.  But the result is evil and is responsible for destroying millions of lives, countless opportunities, and for slowing the progression of humanity.

Socialism is also a hidden form of dictatorship or monarchy - they are all about power and control by an extremely narrow segment of the population.  And isn't that exactly what is happening with the consolidation of wealth in the current system in the United States, in Europe, and wherever a central bank, IMF, or World Bank banker might be found?  

Yes, creeping socialism hidden under the Trojan Horse ideology of "Globalism" is nothing but a ruse to consolidate power by a few.  Those few use our "good intentions" to manipulate us to support them, to even willingly surrender our freedom. 

"We will make you secure," they say.  "Allow us to spy on the world."  

They slip their false narratives past us as if we we're already in agreement - take the notion that it's okay for us to spy on foreign diplomats... this sick narrative is repeated over and over by "news" actors in the mainstream media, a favorite tool of the oligarchs, the dissemination branch of the Deep State.

This is quite perverse and sick in many ways - and is the very reason I am writing "Definitive Freedom."

Someday in the very distant future the world will be ready to drop borders, but it will not be appropriate until and unless it is built upon a proper rule-of-law.

The production of money is the tool through which power and control are exercised.  This is where the "Golden Rule" saying comes from - "Those who have the gold make the rules."

It's not about gold, per se, it is about power and control.  That is why what's most important is not what money is, or what money is made of, but what's most important is WHO is in control of its production and WHO it is that regulates the value thereof by regulating the quantity.

A proper money system is one where money is spent into existence by our government, not lent into existence by private individuals who skim interest off productive people.  It is a completely ludicrous notion that our nation borrow money, and that we have put private individuals in charge of creating money and of regulating the quantity.  This action has removed the people, us, from control of our government and from many other aspects of our lives.

Wednesday, May 10, 2017

Comey Firing, Russia, and the Deep State...

In this article I am going to discuss my personal opinions and experiences - this is an opinion piece, one that I believe to be grounded in reality, you are free to believe whatever you like as long as your beliefs do not pave my road to hell with your "good intentions."

The Trump/Russia narrative is a complete fabrication of the Deep State.  Who is the Deep State?  They are the puppets of the oligarchs who were incorrectly and illegally given the power to create money from nothing.  That power is rooted in the illegal Federal Reserve Act of 1913.

Why is it illegal?  Because the Constitution properly says in Article 1, Section 8; "The Congress shall have Power To... Coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures."

There is no place in the Constitution that allows or makes it legal for Congress or the Executive Branch to give or to delegate that power to private individuals.  This is THE MOST IMPORTANT CHECK AND BALANCE IN THE CONSTITUTION.  Failing to protect it compromised ALL OTHER PROTECTIONS.

This is THE ROOT of our corruption.  Private individuals once given the ability to print money from nothing use that power to buy up our industry, our property, to get laws produced that benefit them and disadvantage the majority.  They use that "money" to get their puppet politicians and judges elected, thus capturing all three branches of the People's government.

Can anyone really still wonder why the world is seeing the largest wealth disparity in history?


*Note about this video - While an excellent presentation of reality, their representation of Socialism is NOT CORRECT.  Socialism would result in even distribution (except by the ruling elite), but the total wealth would be only a FRACTION of the wealth today.

Not only is the government captured, but all our markets are captured as well.  Our economic data has been captured and is false.

Our MASSIVE intelligence agencies work for the oligarchs.  They do not work on behalf of the people.  This is the Deep State.  They are not elected, they are appointed by our government puppets.  The intelligence agencies are only effective at creating narratives - that is all they do, 100% of their effort is narrative creation.  We, The People, only need about 10% of this mass to ensure our defense, and thus the firing of James Comey is not only overdue, but it is just the very tip of what needs to be accomplished.  Yes, "Homeland Security" should be dismantled entirely, the FBI, NSA, CIA and the dozens of other hidden agencies should all be consolidated into something that is 10% of its current size.

It's important to remember the context of WWI and WWII.  The oligarchs created WWI on the heals of the passage of the Federal Reserve Act, the IRS and the notion that our country must permanently collect taxes, and that we must finance budget deficits through the use of Treasury Bonds and Notes - thus having private bankers issue money as a debt to skim interest off the productive efforts of the people.

They then used WWII to foist the U.N., and the Bretton Woods Accord on the globe that created the IMF, the World Bank, and the B.I.S..  This set up the unbelievable system whereby they create "money" from nothing and lend it to countries to "stabilize" them.  Their charters required repayment in gold, making the IMF the world's third largest holder of gold.  No citizen on the entire globe got to vote for this system, it was simply foisted upon us as a "solution" to end the war that they created.

Tested, tried, and true, this formula is repeated over and over, changing the WHO it is that produces our money never changes.

The Deep State creates false narratives and false flag events in order to justify military action and regime change against any country that is not participating in their debt as money scam.  Just look at recent conflicts - Afghanistan, Syria, Libya, and now North Korea.  Our "beef" is always with countries that don't participate in the oligarchs charade.  And that brings us to China and Russia, neither of who are willing participants.

Turning to the Russians, they are not playing along with the IMF or World Bank, and thus the Deep State (tools of the oligarchs) is trying to make them into an enemy.  They are not our enemy, and in reality never have been.

Going all the way back to the American Revolution - our fight with the British for independence - it was the Russians who stepped in to diplomatically support our independence from the British empire.  Look it up.  We were isolated, they were our nearly lone allies.

Then in both WWI and WWII the Russians were again our allies, fighting and dying alongside the United States.  Socialists and communists they are, but they were not our enemy until the Deep State began a totally false "Cold War" against them in order to prevent their expansion following WWII so that the oligarchs wouldn't loose the global territory they gained with the ridiculous Bretton Woods Accord.

The Deep State narrative during the Cold War was that the Soviet Union was world power number 2, their awesome military was to be feared and must be stopped.  This narrative justified the spending of trillions to support the oligarch owned military industrial complex.  This spending became the debt of the American people who now continue to pay interest in the form of taxes to these evil private individuals.

I was in the U.S. Air Force and was one of the first to fly into the Soviet Union at the height of the Cold War.  The Deep State narrative was instantly laid bare by the reality that I encountered there.  The following passage written about that experience is from my new book "Definitive Freedom:"

Adventure into the Soviet Union at the Height of the Cold War

In 1987 the United States and what was then the Soviet Union entered into the INF Treaty (Intermediate-Range Nuclear Forces Treaty).  A part of this treaty was the mutual inspection of one another’s medium range nuclear arsenal.

I was called to pilot a C-141 into the Soviet Union carrying American INF Treaty nuclear weapons inspectors.  When we landed the inspectors were to give the Russians a slip of paper with a destination written on it.  The Russians then had just 45 minutes to then take off with the inspectors to whatever destination was written on that paper in order to carry out the inspection of Russia’s nukes.

We launched our INF missions from Yokota AB, Japan, flew across the Sea of Japan, across the entirety of Siberia north of Mongolia, down the length of Lake Baikal, the world’s largest fresh water lake, and landed at Ulan Ude in far western Siberia.  We were among the first American military to set foot in that region in decades.

Once the treaty inspectors were safely underway we received the grand tour of Ulan Ude from the city’s mayor.  People we met in town could not believe we were American military, thinking we were pulling one over on them, they would state, “No, no, you must be eastern European!”

I flew this mission four times total.  During each trip we would spend the night and fly out the next day.  For hours I flew over the vastness of Siberia where natural resources are still unlimited and where wildfires raged yet no one cared as there was no one for thousands of miles.
View from C-141 over Siberia, 1987.

View of southern Lake Baikal on descent into Ulan Ude, 1987
Me (second from left) and my flightcrew in Ulan Ude, 1987

What I saw in the Soviet Union was not the fearsome enemy our own propaganda described.  Instead what I saw was a sorry and dilapidated military.  In town, everywhere I went I saw drunkards in the bushes drinking their vodka.  Inside every shop, every agency, everywhere… ‘workers’ did not bother to stand or ask if they could help you.

Open Market Ulan Ude 1987.
Telephone Booth, 1987 Russia.

There was NO work ethic whatsoever.  This was in your face, startling different from the rest of the world.  Even third-world non-socialist countries have self-interested eager people looking to better their way of life.

Not here.

There were beautifully built parks along the river with many streetlamps, yet only a few actually worked as no one bothered to change the bulbs or to fix broken glass.  In the open markets where flies covered open meats, you had a choice of shoes, coats, pants, hat, baby carriages, etcetera… your choice was black, brown, or black.  In fact it’s hard to remember much color, today my memory of this experience is unusually black and white.  No electronics, toys still made of pot metal, no plastics.
Open Market Ulan Ude, 1987.
Everyone had healthcare… horrid healthcare – teeth pulled or made to be solid gold with no aesthetic applied to the work at all.  Yet ‘healthcare’ they all had, “From each according to his ability, to each according to his needs.”
Russian Man, Ulan Ude, 1987.  When he smiled,
he revealed a solid gold arch of teeth.

It was literally a time warp, like walking into 1930.  That’s what socialism and communism brought to the people of the Soviet Union.  Yes, they had nuclear weapons, but their best electronics were driven by tubes.  Their forces were absolutely no match to the West’s.  Their socialist rule-of-law was broken, and still is, but today they are trying to embrace parts of a western economy (which I won’t call capitalism, because it’s not).
Russian boys and their bicycle.
All Toys were pot metal.

As a sidebar, many people in the west still holdover the cold war mentality that Russia is our enemy to be feared.  But the truth is that we should not forget that they were our allies during both WWI and WWII, and that it was the Russians who provided much needed support for America as we fought our war of Independence against Great Britain (look this up if you are not aware).  Because most people in the west are not experienced with Russia it is easy for fake narrative creators like certain politicians and the CIA to manipulate our minds into fearing that unknown.  Fool me one, shame on you.  Personally, I won’t be fooled again.

Today many still vilify Russia while those same people forget that it was the Germans and the Japanese who were NOT on America’s side, and thus on the side of a free and proper rule-of-law during both world wars.  Later, we’ll talk about their level of aggression and how an improper rule-of-law led to impossible math in both those conflicts!

In my travels I have been in many socialist, communist, and (mostly corrupted) capitalistic societies.  I tell every young person who will listen my experience of how socialism destroys the work ethic and thus jeopardizes the progress of such a society.  But it’s worse than that, it’s actually a very evil ideology.  It may be born of good intentions, but history has shown that those false ideologies are the perfect pavement of the road that leads to hell.  Many millions of lives lost, millions more impoverished, a dreadful setback to humanity.  One that if it were to be applied worldwide would jeopardize, I believe, our species odds of long-term survival.

This is why I dread seeing so much creeping socialism today.  It’s rampant in Europe, and even in America we have politicians who are openly socialists.  Have we not already learned that lesson?  Repeatedly?  Centralized anything decreases competition, decreases innovation, and stifles progression, and those are the good parts!

If you have not experienced the effects of socialism first-hand, then I would encourage you to research the effects throughout history.  Yes, no system today is perfect, but some are much less perfect than others.  Your understanding of what hasn’t worked will help lead us, and future generations, into establishing a proper societal rule-of-law.

* All photos were taken in 1987 with 35mm film.  Note the stark contrast of 1987 Russia reality versus the Deep State narrative at the time.

Monday, May 8, 2017

Redefining "Fascism"

Large tech companies such as Google, Facebook, Twitter, Apple, and many others have to side with the false globalist central banker created and sponsored narratives, otherwise they would never receive the funding required to make them behemoths in the first place.  Once a company, person, or nation accepts such funding, they are captive and must play the game.  The game has become super ugly and very obvious to anyone paying attention to the censoring by these companies and the control exerted by de-sponsoring/de-funding any voice that is counter to the globalist narrative (I believe this is illegal and should be challenged, but the outcome of any such challenge itself will probably not be legal as judges have been captured as well).  Just pay attention now as you view videos on YouTube, you will see commercials at the beginning of anything that says "Macron Wins," but you will see nothing on any coverage of the election that does not paint the globalist candidate in a positive light or certainly anything that supports Le Pen.

Just look at the outcome of the election of France where a central banker who hides money in the Cayman Islands is not called out by the mainstream on his unethical and illegal transgressions, but the regime and media actively suppress and instead make illegal decimation of his illegal acts.  That's called capture, and he is called a puppet.  The people of France were spun that Macron represented freedom, but the reality is quite the opposite as they will discover over the coming years.

Gifts of socialists always result in the surrendering of your productivity and of your freedom.  Remember, pursue freedom and security follows at very little cost, but pursue security and you will wind up with neither.

Here is yet another way the cartel is controlling the narrative and the thinking of the global population:



Note how Bill Still, a truth teller, has resorted to selling and creating his own ads.  Many people who get their word out on YouTube are also resorting to donations, usually via sites like Patreon.  I support people who do so, and hope that you will too.

Tuesday, April 11, 2017

Blockchain and Us

Bitcoin and other crypto currencies are the future. The following video production hits on some of the importance, but skirts around the most important aspect of this technology. That is that it is democratizing.

It has the potential to remove the WHO that is currently behind debt as "money."  It is the WHO that is behind money that manipulates and controls the world.

Those private individuals wrongly given the authority to produce our money from nothing use that money to get THEIR politicians elected, to make THEIR own fake rule-of-law, to get THEIR judges appointed who back all of the above. And thus this highly inappropriate ability has corrupted all three branches of government and is THE ROOT CAUSE of nearly everything that we consider to be wrong with the world!

Freely competing Blockchain cryptocurrency that is not controlled by private banks or by governments is the great equalizer. This is one of the most profound changes in history, but we must be careful to keep competition in this space because it can and will be abused. Imagine starting your own cryptocurrency and depositing massive amounts into your own accounts… or creating cryptocurrency and ‘lending’ it out to others at interest… this is the danger that would make it the same as today’s very flawed system.

But the good news is that if a currency is found to be corrupted, then we can simply create a different system, again out of reach of those working to control us, rob our productive efforts, and who spy on us, create wars, etc.

What I’m saying is that this technology raises humanity’s consciousness and has the ability, if used wisely, to remove the power base from those who commit evil upon our planet. Seriously, it’s that important. I will talk about the right ways to do this moving forward and in my upcoming book.

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