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JC Collins & Reader Comments On "Interledger is the New World Bank"
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April 9, 2018Crown Beast Series, Economics, FREEPOM
Bitcoin Reserves and the New USD Crypto JC Collins
Onrgaia If I remember correctly, one time way back you had said something about the Central Banks eventually going the way of the dinosaur. This would have been written pre-Ripple.
To wit, "...if decentralized ledgers are the new banks, then by default of definition, the interledger would be the decentralized World Bank", then what would be the reason for Central Banks?
Onrgaia I suppose each country would have their own Central Bank, e.g. The Federal Reserve (except that's actually a private bank, no?), but the difference this go-around is that the CBs aren't beholden to the World Bank.
So my questions are: What happens to the CBs and what would be the reason for them to continue to exist?
Carpe Diem Hello onrgaia, Thank you for such great questions that really made me think.
"...What happens to the CBs and what would be the reason for them to continue to exist?"
This morning, I received the following clip from a friend, where Jim Rickards talks about how the United States has been conducting a financial warfare against the Islamist regime of Mullahs since 1980.
Perhaps, one purpose for CB's would be to align nations so they follow similar policies and to use coercion in this regard to bring them in line when they step out of line! From what Mr Rickards speech, one purpose of CB's (amongst many others!) is that it is a form of weapon, much like cyber or nuclear weapons etc.
Something interesting that worth a mention is that the Deep State creates such regimes to create chaos and it puts the "elected" governments in charge to deal with them. In the middle of the chaos, the Military Industrial complex in concert with the City of London and Wall Street reap the benefits...we, the people, lose.
Pieter Segar Yeah, what I said,"it's the imbalances stupid." But with a fleet of 40 ton trucks full of info based on your brains. Thanks for clearing that up for me. PTM
Jcollins 40 ton? That’s lawn and garden size. Ours are 400 ton. Lol.
Pieter Segar Wish I could claim typo, but I can't. Missed that, even as I saw them. 400 TONS!! I felt impressed just thinking 40 ton. What would the pyramid builders think? From slave drivers to no drivers. Balance that. PTM
Dane Maybe Central Banks are part of the banking system but the World Bank bullied or manipulated that system. With blockchain at the head of the banking system it could potentially right the entire system.
Does anyone else feel like Noah in that story? Like Noah trying to show people of the coming flood and explaining they should build boats.
I mean when I talk to people about blockchain they push it away saying they will worry about it when they have too. But when they have too is a bit late and they would be the people beating on the side of Noah's arc as the floods rolled in.
Dane "European countries join Blockchain Partnership"
" "In the future, all public services will use blockchain technology. Blockchain is a great opportunity for Europe and Member States to rethink their information systems, to promote user trust and the protection of personal data, to help create new business opportunities and to establish new areas of leadership, benefiting citizens, public services and companies.
The Partnership launched today enables Member States to work together with the European Commission to turn the enormous potential of blockchain technology into better services for citizens". "
Dane "West Virginia will become to first American state to implement online voting with blockchain, to allow soldiers overseas to vote.
Blockchain and distributed ledger technology (DLT) have gained huge popularity in the last few months. Because of their effectiveness and security, they have been proposed for a great variety of applications. An important one is online voting.
West Virginia will now become the first state to bring this application of blockchain and cryptocurrencies into reality. It will be used in their upcoming primary election on the 8th of May."
"The possibilities of blockchain technology seem to be endless, and perhaps the political leaders of the near future will be elected using an efficient trustless ledger like the one developed by Voatz, possibly even using ERC20 Ethereum-based tokens developed for this purpose."
Pieter Segar Does anyone think that blockchain tech is so threatening to the globalist international banking system, that they are willing to go to major world war because of it? I don't know I was just sitting here thinking and more or less worrying about it.
Does one have anything to do with the other/
What's up with the sound of these war drums beating this frantically insane rhythm? I don't like the sounds coming out of D.C., MSM. PTM
Carpe Diem Dearest Peiter, The call for WAR is the result of a major breakdown of the PURPOSE of almost every institution we can think of, whether it is NATO, the Russian government, the Turkish, American, the EU, the Banking system, you name it. They have all messed up big time and the only solution in their program is WAR. Their sell-by-date is also coming to an end!
IMHO, there will be no war with Syria and President Trump and Putin are no dummies and if anything, they are working in the background to facilitate the transformation of this planet in banking, geopolitics, and every facet of life on this speck of dust. These institutions, know that a war will not save their rear ends and a new chapter is beginning regardless of how many wars they start.
One observation regarding the recent Syria gas attack is that it is highly likely to be a false flag and the white helmets are behind it. It may also have never happened and the deep state is using the MSM and other minions to broadcast where it actually makes no sense for Assad to do something like this whatsoever.
The next clean-up will be inside of Iran where the Deep State operatives will be taken out of operation and neutralized in an exact way as happened in NK.
The gas attack may even be a plot to take out the deep state operatives from Syria along with the stay-behind NATO asymmetric warfare units aka Islamist armies or ISIS franchise...
I think you may enjoy the following in this regarding:
Dane This a bit off topic but an interesting look at how blockchain can be used in industry.
"IBM and Maersk demo: Cross-border supply chain solution on blockchain"
Dane "Blockchain Motor Insurance Trial Moves Ahead in Hong Kong"
Pieter Segar My Carpe Diem, I tend to agree, and in the last couple of days with the exposure of the Syrian gas attack to have been a false flag event, that seems to give proof to the pudding.
I find it particularly intriguing that "The gas attack may even be a plot to take out the deep state operatives from Syria along with the stay-behind NATO asymmetric warfare units aka Islamist armies or ISIS franchise...". I'll give that thought.
Perhaps it should be obvious to me, still I struggle some, attempting to align my mind with how the blockchain tech(interledger) plays a, or, the major role in part or all of the tension. I think I see it, but can't quite define it to my ability with the written or spoken word.
Thanks for the link, I found it very interesting how the ideas of Prince Eugene of Savoy, (a student of patterns)after having made his bones in the battle for Vienna, came later to comprehend that "standing armies" and their expense came to lead kings to use them or lose them kind of thinking, which of course led to wars.
And after sharing this wisdom/insight with Baron de Montesquieu, who the founding fathers of the US understood and then created the right to bear arms which became the 2nd amendment to the constitution. Fun following those links and that chain of events.
Not so much fun, is realizing what has become, with the United States Military commands. The COMM's with their Generals and Admirals sitting like warlords over the fiefdoms of their rule.
All dressed up in the medal and ribbon bedecked shoulders and chest plates of their uniforms, 'all dressed up' and nowhere to go, but before congress to lobby and beg, payoff and brag about how we need them so. Vying for their piece of the largest military budget ever known to the world. Ha! Just a lookin' for a war.
Who wants war? Many people, lots of money to be made. Still this particular type of person also desires glory and so forever bears watching when it comes to determining reason or motive for war. PTM
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