Economy / New World Order

The Globalist One World Currency Will Look A Lot Like Bitcoin

Source: Alt-Market | by Brandon Smith

This week the International Monetary Fund shocked some economic analysts with an announcement that America was “no longer first in the world” as a major economic growth engine. This stinging assertion falls exactly in line with the narrative out of the latest G20 summit; that the U.S. is fading away leaving the door open for countries like Germany and China to join forces and fill the power void. I wrote about this rising relationship between these two nations as well as the ongoing controlled demolition of America’s economy in my article ‘The New World Order Will Begin With Germany And China’.

I find it interesting that the IMF is once again taking the lead on perpetuating the image of a failing U.S., just as they often push for the concept of a single global currency system to replace the dollar as the world reserve. The most common faulty counter-argument I run into when outlining the globalist agenda to supplant the dollar with the Special Drawing Rights basket system is that “the IMF is a U.S. government controlled organization that would never undermine U.S. authority.” Obviously, the people who make this argument have been thoroughly duped.

The IMF is constantly and actively undermining America’s economic position, because the IMF is NOT an American controlled organization; its loyalty is to globalism as an ideology as well as the international financiers that dominate central banking. America’s supposed “veto power” within the IMF is incidental and meaningless — it has not stopped the IMF from chasing the replacement of the the dollar structure and forming the fiscal ties that stand as the root of what they sometimes call the “global economic reset.”

To illustrate how the IMF narrative supports the globalist narrative, I suggest comparing the 2009 “predictions” of George Soros on China replacing the U.S. as the world’s economic engine to the IMF’s latest analysis on the decline of America.

The IMF cares only about centralizing everything, from currency to trade to governance. If the sacrifice of the old world system (the U.S. dollar) is required to create their new world system, then that is what they will do. If you have read my article ‘The Federal Reserve Is A Saboteur — And The “Experts” Are Oblivious’, then you understand that the Fed is also perfectly on board with this plan for a global reset. The central bankers, regardless of the nation they happen to reside, stick together and function as agents of larger controlling organisms like the Bank for International Settlements.

The agenda is not really veiled in secrecy, as it has been openly admitted to on numerous occasions by globalist media outlets. Mohamed El-Erian, former CEO of PIMCO, recently praised the concept of using the IMF SDR as a world currency mechanism and as a means to combat “the rise of populism.” However, the most “honest” of these incidences of admission was, of course, the article Get Ready For The Phoenix published in the Rothschild controlled magazine The Economist in 1988; an article which announced the beginning of a new global currency mechanism using the SDR as a bridge starting in 2018.

I have noticed in the past month that there has been a concerted disinformation campaign on the internet attempting to debunk the article from The Economist by stating that it “never really existed” and is merely a product of conspiracy websites. So, I will put that claim to rest right now, permanently, by pointing out that magazine and research archives completely unrelated to “conspiracy theory” have the Phoenix issue on record. It is undeniable — the article was indeed published by The Economist and does in fact exist.

Moving on…

Critics of the notion of a single global monetary framework tend to dismiss any evidence of the plan, usually due to their poor understanding of how currencies rise and fall and a poor understanding of the current monetary climate. They will argue that the SDR basket does not have the capacity to replace the dollar and that there is no other mechanism in the world with the liquidity to do so. In other words, “Where is this global currency going to come from?”

The fact is, it already exists, and it is right under their noses.

When The Economist wrote about a global currency being launched in 2018, they perhaps did not have a precise inkling back then on how it would come about. They do mention clearly the strategy of using the IMF’s SDR as a stepping stone to that global currency, calling it the “Phoenix,” as an example. They also mention the decline of the U.S. as being necessary in the wake of this shift into complete centralization.

These two events are taking place right now, with the American economy in steady and ever steeper destabilization, as well as the rise of the SDR basket as a “stopgap” for nations seeking to decouple from the dollar as the world reserve. But what about the currency itself? The SDR might be the framework that will reign in various nations under one nefarious economic umbrella, allowing the IMF to dictate currency exchange rates at will until their one world system can be established, but what will the average person ultimately be using as a unit of trade and how will the globalists maintain monetary subjugation over the public?

Cryptocurrency and the creation of blockchain technology is the answer.

When The Economist wrote about a global currency being initiated in 2018, they were not making a prediction, but a proclamation — a self fulfilling prophecy. This does not mean that the new currency will develop in an obvious and open way. In reality, I can’t think of very many 4th generation psy-ops as clever as cryptocurrencies.

Consider this; after 2007/2008, the weakness of globalism and economic interdependency is exposed for all the world to see. It is a sacrifice the international banks are willing to make, because through the credit and derivatives crash they can now enforce extreme monetary policies. These policies will do nothing to save the general economy, but they will jeopardize the very currency and debt frameworks of some nations, including the U.S. The stage is set for a new and even greater crisis, a crisis which will soften the public to the idea of a single world monetary system and a single economic authority.

The massive flow of data which the globalists covet as a means of “total information awareness” is a double-edged sword. Sovereignty and liberty activists grow in awareness and in number and influence. Millions begin preparing to weather the potential crisis being engineered by the globalists. Methods of counteracting an economic downturn or currency implosion are fielded. Activists start bartering and buying up precious metals as a shield, and as an alternative unit of trade. The alternative market, at least the core of it, is born.

What is a power hungry cabal to do? How do they stop the natural progression of the revolution against them? Well, they don’t stop it; instead, they attempt to redirect it to work for them. That is to say, they trick the liberty movement into helping them while letting us think we are poking them in the eye.

Enter cryptocurrencies like bitcoin. Bitcoin arrives seemingly from nowhere, conjured by a magical crypto-wizard by the name of Satoshi Nakamoto, a label supposed to represent a person or group of people that no one has ever seen or heard from. We are simply meant to have faith that they don’t work for the NSA or a similar entity. But who cares who they are, right!? It doesn’t matter because bitcoin is such a work of art it is nearly infallible — the perfect countermeasure to a monetary world lorded over by the dollar and the Federal Reserve.

Numerous libertarians and anarchists collectively orgasm. They join what appears to be a grassroots effort to bring bitcoin and blockchain technology into the mainstream. They stop trading as many of their fed notes for gold and silver as before and buy digital nothings instead. To question the validity of the idea elicits dramatic displays of indignance from the bitcoin cult bordering on zealotry. The “smartest guys in the room” know bitcoin is the solution to everything — don’t you want to be one of those guys, too? Bitcoin is the way, the truth, the life…

Some of us are unconvinced, and even rather suspicious, and with good reason. For example, the advancement of cryptocurrencies into mainstream consciousness has been helped expertly by the corporate media, which frankly, does not make sense if they are a real threat to the central banking monolith. As they say, when the real revolution happens, it will not be televised. Bitcoin is televised everywhere.

On top of this, nearly all major international banks are ingraining blockchain tech and cryptocurrencies into their business models, including globalist foundation banks like Goldman Sachs. Goldman Sachs LOVES blockchain technology; they even refer to it as the “new technology of trust.” Just take a look at their rave reviews on how it will change the world here.

What is Goldman’s favorite aspect of the blockchain and crypto? The fact that every single transaction is compiled, cataloged and tracked in the blockchain “ledger.”

For years, one of the major original selling points of bitcoin was that it was “anonymous.” It always surprised me that so many people in the liberty movement bought into this scam. Surely after the revelations exposed by Edward Snowden and organizations like Wikileaks, it is utterly foolish to believe that anything in the digital world is truly “anonymous.” The feds have been proving there is no anonymity, even in bitcoin, for some time, as multiple arrests using bitcoin tracking have indeed occurred when the FBI decided it was in their interest. Meaning, when the feds want to track bitcoin transactions, they can, and it does not matter how well the people involved covered their actions.

The early promise of anonymity in cryptocurrencies was a lie.

Thus, we have the reason why central bankers and international financial conglomerates are piling into bitcoin like it’s the hottest tech stock on the Nasdaq. Imagine a trade system in which every single transaction is compiled and nothing is private; that is the blockchain.  Now, anonymity might not matter much when you are dealing with regular people, but what about when you are dealing with governments with the tendency towards corruption and the power to imprison and confiscate?

The loss of all privacy in trade IS the next quantum leap in monetary centralization, and cryptocurrencies achieve this in spectacular fashion. Not only this, but complete loss of privacy becomes rationalized, because without “transparency” the blockchain does not properly function.  This is what makes the blockchain different from all other digital trade mechanisms – with the blockchain, surveillance of transactions is no longer a violation of privacy rights, it is expected.

While the fantasy is that crypto is about decentralization and freedom, it is actually a key to institutionalizing the opposite. I believe the incredible amount of capital being dumped into blockchain developments by major financiers and verbal support from central bankers is a signal that blockchain technology IS the basis for the currency system of the “new world order.”

While there is something to be said for crypto and its potential to limit fiat money, I still remain skeptical. Mainly because anyone can create a cryptocurrency out of thin air. Just look at the confusion building over bitcoin vs. ethereum; which tulip is worth more, everyone wonders? Being that crypto is not tangible and is completely based on perceived value according to perceived demand rather than real demand, I think it is fair to argue that cryptocurrencies rely entirely on hype and fad in order to maintain market strength. Not that regular fiat currencies are any better, but isn’t that the point?

So where does it end? If ethereum replaces bitcoin like Facebook replaced MySpace, how is stability in any digital currency provided? Through the force of government and the backing of international banks, obviously. And whichever cryptocurrency system the bankers choose to back or create, that currency will destroy the value of all other crypto around it. Again, perception, not tangible value, rules over bitcoin and its peers, and institutional power often rules over perception.

The proclamations of The Economist of a world currency launch by 2018 are happening today, right on schedule, right in front of us. The blockchain is going to “change the world;” this has been excitedly announced by the very same banking elites the blockchain was supposedly engineered to defeat. When the next reserve currency system is established using the SDR basket as a foundation, I have no doubt it will be digital and based on the same exact tech that today’s activists wrongly assume will set them free.

You can contact Brandon Smith at:
brandon@alt-market.com


Focus Sessions Agrees:
Questions About Crypto Currencies
 

Source: Focus Sessions | by Lynn

Occasionally I do a reading, and it deserves to be focused on again.  Free will and time line shift can affect the results.  These are a few I have been requested to focus on again.

Q. Hi again Lynn, I noticed that you predicted in an earlier reading that crypto coins will fade out “And then another electronic currency, “backed” by gold / precious metals, will emerge”.  Do you see if this electronic currency is already ‘in the making’?  If so can you tell when it will be made available? Thank you.

A. I get this has been in the works for a long time.  Then, I hear that nothing with the government happens overnight, it is a slow and methodical process.  Having said that, it is close to being released to the public.  They have to first manipulate the crypto currencies (over inflate, and then crash).  When the cryptos appear to be unstable because they aren’t backed by anything substantial, a new electronic form of currency will emerge with the claims of it being backed by physical assets.  This newer electronic currency will have some level of implied trust because it is backed by something real.  Eventually everything will be done via this new system (to track purchases, makes sure items are taxed, prevents money from being hidden, etc).  I see it being released by the middle of 2018.


Q. Lynn,  Can you look to see the future of Crypto-currencies? Bitcoin, Ethereum, Ripple etc. There are a ton of coins popping up and they say that they are not manipulated the way the dollar, gold, silver, etc are. I can’t imagine the governments and bankers allowing this if it is true. Will they continue? Do governments have a plan for stopping or controlling them in the future?

A. I get the governments are allowing the crypto currencies to grow and just watching to see what they do (trends, likability, acceptability etc).  The goal is to switch all money into electronic currency, actually a World Wide electronic currency.  The desensitization process is occurring now.  I get the mass use of credit cards was phase one, and now this crypto currency fad is the next phase of the plan.

I also get that people creating these currencies, that are like no other, don’t realize they are a pawn in a larger game.    When the time is right these currencies will be manipulated.  I see some kind of governmental seizure on the grounds that these currencies don’t have a tangible backing (some kind of legal reasoning??), and then another electronic currency, “backed” by gold / precious metals, will emerge.  When they emerge they will be facilitated by either the UN or IMF (my mind toggles between the two).

When the World Currency comes forward, data mining will become even higher.  All transactions will be tracked between people and merchants. Physical cash will start to be phased out (harder to track, and it looks like a fee will be imposed for a “cash” transaction.)

In closing, I hear to “hold tight to your wallet and precious metals because once they leave your hands it will be near impossible to get them back.”


The Global Elites’ Secret Plan for Cryptocurrencies

Source: Daily Reckoning | by 

Interest in Bitcoin is red hot at the moment. It’s impossible to open a website, listen to a podcast, or watch a video in the financial space without hearing about the meteoric rise in the price of Bitcoin.

Maybe you know a “Bitcoin millionaire” who bought five hundred Bitcoins a few years back for $50,000 and is now sitting on a Bitcoin fortune worth over $2,000,000. It’s true, those people actually do exist.

Yet the crypto-hysteria is distracting you from a scary truth no one is talking about. There is every indication that governments, regulators, tax authorities, and the global elite are moving in for the crypto-kill. The future of Bitcoin may be a dystopia in which Big Brother controls what’s called “the blockchain” and decides when and how you can buy or sell anything and everything.

Furthermore, cryptocurrency technology could be the very mechanism used by global elites to replace the dollar based financial system.

In 1958, Mao Zedong, the leader of the Communist Party of China and China’s dictatorial leader was confronted with demoralized intellectuals and artists who were alienated by Communist rule. As a policy response, he declared a new policy of intellectual freedom.

Mao declared, “The policy of letting a hundred flowers bloom and a hundred schools of thought contend is designed to promote the flourishing of the arts and the progress of science.”

This declaration is referred to as the “Hundred Flowers Campaign” (often misquoted as the “thousand flowers campaign”). The response to Mao’s invitation was an enthusiastic outpouring of creative thought and artistic expression.

What came next was no surprise to those familiar with the operation of state power. Once the intellectuals and artists emerged, it was easy for Mao’s secret police to round them up, kill and torture some, and send others to “reeducation camps” where they learned ideological conformity.

The Hundred Flowers Movement was a trap for those who placed their trust in the state. It was also a taste of things to come in the form of the much more violent and comprehensive Cultural Revolution of 1964–1974 in which all traces of Chinese bourgeoisie culture and much of China’s historical legacy were eradicated.

Something similar is going on with Bitcoin and the Distributed ledger technology (DLT) today. Governments have been patiently watching blockchain technology develop and grow outside their control for the past eight years.

Libertarian supporters of blockchain celebrate this lack of government control. Yet, their celebration is premature, and their belief in the sustainability of powerful systems outside government control is naïve.

Governments don’t like competition especially when it comes to money. Governments know they cannot stop blockchain, in fact they don’t want to. What they want is to control it using powers of regulation, taxation, and investigation and ultimately more coercive powers including arrest and imprisonment of individuals who refuse to obey government mandates with regard to blockchain.

Blockchain does not exist in the ether (despite the name of one cryptocurrency) and it does not reside on Mars. Blockchain depends on critical infrastructure including servers, telecommunications networks, the banking system, and the power grid, all of which are subject to government control.

A group of major companies, all regulated by government, have announced a joint effort to develop an open-source blockchain as a uniform standard for all blockchain applications. The group includes JPMorgan, Wells Fargo, State Street, SWIFT, Cisco, Accenture, the London Stock Exchange and Mitsubishi UFJ Financial. That’s not exactly five guys in hoodies working in a garage. That’s a sign of the corporate-state consortium taking over.

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An elite U.S. legal institution called the Uniform Law Commission, that proposes model laws intended for adoption in all fifty states, has released its latest proposal called the “Uniform Regulation of Virtual Currency Businesses Act.”

This new law will not only provide a regulatory scheme for state regulators, but will also be a platform for litigation by private plaintiffs and class action lawyers seeking recourse against real or imagined abuses by digital coin exchanges and facilities. Once litigation begins, anonymity is the first casualty.

Cryptocurrencies and the Super-Elites Plan

Consider the following additional developments:

On August 1, 2017, the SEC announced “Guidance on Regulation of Initial Coin Offerings,” the first step toward requiring fundraising through blockchain-based tokens to register with the government.

On August 1, 2017, the World Economic Forum, host body to the Davos conference of global super-elites, published a paper entitled “Four reasons to question the hype around blockchain.”

On August 7, 2017, China announced they will begin using blockchain to collect taxes and issue “electronic invoices” to citizens there.

Perhaps most portentously, the International Monetary Fund (IMF) has weighed in. In a special report dated June 2017, the IMF had this to say about blockchain:

“Distributed ledger technology (DLT), in particular, could spur change in the financial sector. …. DLT can be categorized as “permissionless” or “permissioned” depending on who can participate in the consensus-driven validation process. Permissionless DLTs allow anyone to read, transact on, and participate in the validation process. These open schemes (that underlie Bitcoin, for instance) could be very disruptive if successfully implemented. By contrast, in permissioned DLTs, the validation process is controlled by a pre-selected group of participants (“consortium”) or managed by one organization (“fully-private”), and thus serve more as a common communications platform.” (emphasis added).

IMF releases require expert translation because they are never written in plain English, and the real meaning is always hidden between the lines. But, the thrust of this report language is clear. The IMF favors “permissioned” systems over “open schemes.” The IMF also favors control by a “pre-selected group of participants” or “one organization,” rather than allowing “anyone” to participate.

This paper should be viewed as the first step in the IMF’s plan to migrate its existing form of world money, the special drawing right or SDR, onto a DLT platform controlled by the IMF. In time, all other forms of money would be banned.

These and other developments all point toward an elite group including the IMF, JPMorgan, the Davos crowd, the IRS, SEC, and other agencies converging to shut down the existing free-wheeling blockchain ecosphere, and replace it with a “permissioned” system under “consortium” control.

Big Brother is coming to the blockchain.

Regards,
Jim Rickards
for The Daily Reckoning

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