Lloyds, Visa, Mastercard, Citigroup, JP Morgan, …. a growing list of criminal organisations working under the cloak of crony capitalism (fascism) are seeking to tighten their monopoly over your money by telling you what you can’t do with it.

It’s for your own protection. They (We), want to protect you from being ripped off by scams and rushing into risky investments – according to MSM spin.

Making risky investments with your money, (and without your consent), is our job.
Your job is to bail us out when those investments fail.

Laundering of drug money, rigging interest rates, accidentally overcharging, charging fees for services not provided, creating fake accounts in your name, …. all the while paying ourselves fat bonuses is ok. As long as it’s us doing it.

You may however, invest in markets regulated by taxpayer funded agencies such as the SEC – as they are all about protecting the little guy! No risk of getting scammed there. (& no risk of them ever stopping us from scamming you!).

“…banks .. are unaccountable, breaching regulations as they please with a slap on the wrist at best, if that. So much thus for our democracy and our property rights when banks can just take our property whenever they please in what is descending into a kleptocracy.
And .. they wonder what the value of decentralized money is….no one can hear their song any longer. There’s a new money in town where you alone have full control over every aspect of it with no fat cat able to just take it whenever he likes”.
https://www.trustnodes.com/2018/02/05/monopoly-banks-ban-bitcoin-credit-card-purchases-unprecedented-move

VISA and Mastercard make it harder to buy Bitcoin and other cryptocurrencies

Nine mega Banks accused of rigging interest rates to milk more money.
https://www.telesurtv.net/english/news/9-Mega-Banks-Accused-of-Rigging-to-Generate-Illegitimate-Profits-20180117-0015.html

The capital controls and the outright crime is bad enough let alone the tired business models which require waiting days for electronic transfers to clear and paying exorbitant fees to send money overseas etc.

It’s all about control. And they are afraid. …Very afraid.

… So here’s to our wonderful Banking systems and their paid for bureaucrats growing fat off the public nipple. Public Servants who represent them us so well.

War On Cryptos Latest Battlefronts

Fed President Admits [We’re Shitting Ourselves!]

Dtube to Disrupt Youtube.


In another illustration of the superiority of BlockChain Tech over traditional business models you can now Get Paid to Watch or Post Videos, WTF?
Introducing Dtube.-Link.

“D.Tube is the first crypto-decentralized video platform, built on top of the STEEM Blockchain and the IPFS peer-to-peer network.
D.Tube (is) … an alternative to YouTube that allows you to watch or upload videos … while earning cryptocurrency doing it.
…D.Tube is not able to censor videos, nor enforce guidelines. Only the users can put a censorship, through the power of their upvotes and downvotes. … there are no hidden algorithms controlling the visibility or monetization of certain videos over others. .. D.Tube runs without advertising. Users remain free to advertise any product or service they would like, directly inside their own videos, at their own risk of losing their subscribers”.
https://about.d.tube/

You should be aware of the Net Neutrality Battle and of how GooTube is now censoring anything not deemed to contain enough anti Trump or anti Russian sentiment.
https://www.thesun.co.uk/tech/4372177/youtube-accused-of-censorship-over-controversial-new-bid-to-limit-access-to-videos/
https://www.globalresearch.ca/google-hiring-10000-reviewers-to-censor-youtube-content/5622259

Well, thanks to the BlockChain Revolution, Dtube and other platforms like it, Mass Internet Censorship Can Suck It!

Moment Of Truth For The Federal Reserve

Fed Q.E = collapse in fiat confidence = adoption driver for the new blockchain based bitcoin decentralised economy.
A planned economy is not a free market. Have no illusions. We are taught that we live in a ‘democratic’ world whilst the reality couldn’t be more communist in nature! Is now our Soviet moment?
http://www.thelastamericanvagabond.com/business/economy/moment-truth-federal-reserve/

The Bitcoinization of Zimbabwe

After scrapping the national currency in 2009 when its inflation rate soared to an unbelievable 89 sextillion percent, Zimbabwe turned to foreign currencies … now, the African country is facing an unprecedented cash crunch leaving many to search for a solution.
At the end of 2016, Zimbabwe’s central bank began issuing “bond notes,” or “bollars,” a paper currency-like note officially carrying the same value as the U.S. dollar. Backed by a loan of US$200 million from the African Import Bank, the notes were created in an attempt to ease shortages of U.S. dollars and South African rand.

Read More

IMF Head Foresees The End Of Banking.

By Tyler Durdan – Zero Hedge

[They are Shakin in their Boots…]

In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself.

It could displace central banks, conventional banking, and challenge the monopoly of national monies. Christine Lagarde –a Paris native who has held her position at the IMF since 2011–says the only substantial problems with existing cryptocurrency are fixable over time.

In the long run, the technology itself can replace national monies, conventional financial intermediation, and even puts a question mark on the fractional banking model we know today.”

In a lecture that chastised her colleagues for failing to embrace the future, she warned that “Not so long ago, some experts argued that personal computers would never be adopted, and that tablets would only be used as expensive coffee trays. So I think it may not be wise to dismiss virtual currencies.”

Here are the relevant parts of her paper:

Read More

An Insider’s View Of The Bitcoinization Of Venezuela

By Tyler Durden – Zero Hedge
“Venezuela was one of the richest per-capita nations in the world… but now, hyperinflation is a very difficult thing to understand until you have to buy lunch…. we are starting to see in Venezuela, the first bitcoinization of a sovereign state.”

..as oil prices continued their descent and Maduro’s mismanagement of the country’s economy intensified, Venezuelans chose a new way to protect themselves financially…”Bitcoin is a way of rebelling against the system.”

The Venezuelan government began to crack down on the Bitcoin community, with police extorting citizens for “misusing electricity” or undermining the country’s economy. With the collapse of the economy, Venezuelans are running out of options. Bitcoin could come as a saving grace to many people. It has kept food on the tables of families, helped Venezuelans escape the distraught nation, and acted as a voice of rebellion against the oppressive government. But how Maduro’s regime will proceed remains to be seen.
http://www.zerohedge.com/news/2017-09-24/insiders-view-bitcoinization-venezuela

Why is this happening?

Take a look at this chart.

It looks like the growth curve of some Cryptocurrency right?

It is actually the growth curve of the Venezuelan central bank’s balance sheet! (Thats not GOOD growth BTW).

“This chart is really amazing to see– the Venezuelan central bank’s balance sheet literally TRIPLED in a SINGLE MONTH between April and May of this year…They keep printing more and more money, to the point that the currency has become totally worthless…

Chalk up another victory for socialism and central planning”.
https://www.sovereignman.com/trends/this-is-what-100-buys-you-in-venezuela-22459/

The ‘Black’/Free Market will rise in direct proportion to the inefficiencies of the planned market.

I’m betting that as more and more Central Banks begin to display such ‘growth’ in their balance sheets – we will see similar, and proportionally, corresponding (real) growth in Cryptocurrencies.

Bank Inefficiency

By Simon Black – Soverign Man
Just today I received a payment to the bank account of our agriculture company here in Chile; the wire transfer originated in the United States, yet took three days to arrive. Along the way, the banks took around $500 in fees. Around $150 of that was the wire transfer fees charged by the sending bank, receiving bank, and correspondent bank, plus another $40 in fees charged by SWIFT, the international payment messaging service.

On top of that, the sending bank charged a fat fee to convert the funds from dollars to pesos even though we explicitly instructed them to NOT convert. Then the receiving bank charged another fat fee to fix the mistake and convert the funds back from pesos to dollars. Unbelievable.

A cryptocurrency payment over the blockchain, on the other hand, would have taken minutes… maybe an hour or two at most. And cost less than $1. As I’ve ranted about in the past, the crypto market is full of bubblicious irrationality at the moment. But the underlying technology is still revolutionary and highly disruptive. But crypto’s power and potential is not in conflict with gold. Both represent a decentralized form of money. Both represent an alternative to the banking and monetary system.
https://www.sovereignman.com/crypto/man-caught-smuggling-1-kilogram-of-gold-in-his-rectum-22423/