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How Bitcoin Could Stop China From Becoming The Next Superpower Bully

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Electronic money, or e-money, is to normal money as email is to normal (snail) mail: it’s simply an electronic form of value exchange, but with a key advantage in that most types of e-money are not linked to any particular country or government. Electronic money has made big strides in social acceptance in the last decade. Dutch bank ABN Amro’s CEO recently said that the technology behind electronic money is the next big thing in global banking.

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The king of e-money today is Bitcoin, created in 2009, shortly after the global economic and banking system shocks known now as the Great Recession. Bitcoin was the brain baby of a mysterious person known as Satoshi Nakamoto, who posted the 2009 Bitcoin white paper on a well-known cryptocurrency forum. His paper described the architecture and function of the new type of e-money that he had invented. Shortly thereafter he offered an open source software package that implemented the white paper’s ideas, and, with the mining of the first “block” of Bitcoin by Satoshi himself in 2009, Bitcoin was born.

Shortly after, Bitcoin’s first commercial use was to buy some pizza for a guy who had a bunch of bitcoin to spare. In 2013, just four years after its creation, Bitcoin was worth as much as $12 billion. That value has since fallen to about $4 billion.

Why would anyone use e-money? Well, the Great Recession is itself a big part of that answer. Normal money like the U.S. dollar is known as a “fiat currency” because it is offered by fiat by the central government and its value is backed simply by the power of the state issuing it, and the confidence that such power creates. Its value also comes from its ability to be used to pay taxes to the state. Until 1971, the U.S. government used gold to back the value of money it issued, but Nixon took the U.S. off the “gold standard” in favor of a new floating system of value in which the value of the dollar is determined mostly by market forces. The market that determines the dollar’s value in relation to other currencies is the international trading system, of both goods and services, which are denominated in dollars (mostly) but also the trading of dollars themselves for other currencies.

tamhunt-solarFor example, China now holds about $1.5 trillion of dollars in reserve in order to pay for goods and services denominated in dollars and as a store of value for a rainy day, out of a $3.5 trillion in total currency reserves. China keeps such a large amount of dollars because the dollar is the primary reserve currency in the world today and has been for some time.

Other reserve currencies include the British pound, the euro, the Japanese yen, and, if China has its way, before too long the Chinese yuan will also be considered a reserve currency. One commentator has recently suggested that the yuan is headed toward replacing the dollar as the global reserve currency before too long. That would be a momentous shift if it does indeed happen.

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The dollar became the primary reserve currency because of our central role in the global economy, which was won by a combination of our large size (more than 1/4th of the global economy after World War II) and our military might that came from being on the right side in World War II, and from our continued military dominance in the wake of the collapse of the Soviet Union in 1991. Today, fully 60% of the globe operates in this “dollar zone.” But as the Economist article linked to above describes, there are growing cracks in the dollar’s global dominance.

Since the U.S. went off the gold standard in 1971 the value of our currency has been determined entirely by social and economic acceptance around the world. In other words, the value of the U.S. dollar is based entirely on confidence in the U.S. government and its economy, and on the trust that such confidence instills in the ability of the dollar to retain its value and its use as an exchange currency.

But the 2008-2009 Great Recession shook a lot of people into the realization that nothing is written in stone, no economic foundation is entirely firm, and even the dollar can of course lose value. When the U.S. government agreed to the $700 billion (with a “b”) bailout of major U.S. banks in 2009, plus the Federal Reserves’ $trillions in additional support, it became quite obvious that our economic and currency system had some major flaws. This was not, of course, the only economic crisis we’ve suffered. Rather, it was simply the latest and most severe since the Great Depression.

Satoshi’s new form of e-money, Bitcoin, arrived in 2009 at an opportune time and a lot of hobbyists, libertarians, and tinkerers leapt at the chance to experiment with a new type of currency that didn’t rely on any central bank or any central authority whatever for its value or its operation.

The magic ingredient in Bitcoin is the distribution of trust (sometimes described as “trustless” transactions) in a vast network that moots the need for the “centralization of trust” that is the function of central banks like the Federal Reserve. The distribution of trust in the Bitcoin ecosystem is made possible with Satoshi’s invention of the “blockchain.” The blockchain is an electronic record of all Bitcoin transactions that is stored on every node of the ever-increasing network of the Bitcoin ecosystem. Because it is completely distributed and constantly updated in real time, the blockchain, which is the ledger of all Bitcoin transactions, can never be shut down by any outside force and it becomes practically immune from hackers.

(Centralized businesses that are part of the Bitcoin ecosystem can still be hacked, and there have been prominent examples of such hacking, such as Mt. Gox before it folded in 2013, but these incidents do not reflect on the security of the blockchain itself.)

In other words, the Bitcoin ecosystem is a way for anybody using it to avoid the centralized power of central banks and of national governments entirely, in terms of these entities’ ability to affect the value and use of the Bitcoin currency. ABN Amro bank chief said it well in August this year: “What the Internet has done for information and the way we communicate, the blockchain will do for value and the way we look at trust. The financial world is going to flip upside-down.”

Obviously, the decentralized nature and independence from government influence has appealed to libertarians and techno-optimists since Bitcoin’s creation. Bitcoin-enabled commerce holds the promise of reducing national borders, and the power of central governments, significantly.

Bitcoin in World Affairs

Okay, now that that introduction to e-money is out of the way, let me shift gears to talk about foreign affairs and where our global system is headed. It is well-known that China’s economy is growing rapidly and at the current pace of growth is set to exceed the size of the U.S. economy in 5-20 years (depending on various factors). Whether this happens in 5, 10, or 20 years doesn’t really matter for present purposes because my point is simply that China is on the verge of taking the top spot from the U.S. in terms of economic power on the global stage.

Recent events have cast some doubts on the sustainability of China’s economic expansion but my feeling is that the current issues facing China are temporary and that it will before too long continue to grow at a steady pace over time.

China is already flexing its new-found muscle in various ways, including with its recent creation of the Asian Infrastructure Investment Bank (AIIB), a regional replacement in many ways for the World Bank. The World Bank is a major part of the Bretton Woods economic system that has governed world affairs in many ways since its creation in 1944 at the close of the Second World War. The World Bank chief is traditionally an American and its sister institution’s chief at the International Monetary Fund (IMF) is traditionally a European.

The U.S. and the UK were the primary architects of the Bretton Woods system and many would agree that these same powers, along with Europe and the western world more generally, have benefited greatly from this system through improved trade relations and improved stability within and between nations.

China’s creation of the AIIB is a direct challenge to the long-standing Bretton Woods system largely because it is the first institution of its kind to gain buy-in from European and other western powers, including the UK, France, Australia, and many others—over the loud objections of the U.S.

China has also worked extensively with Russia in recent years on major infrastructure projects, like a planned rail link between Moscow and Beijing, but also and more importantly in terms of using the yuan as a replacement for the dollar in economic transactions between Russia and China.

In sum, China is already in many ways pushing for a world in which U.S. power and economic strength is much reduced. And while I would agree with many critics regarding the misuse of U.S. power over the last couple of decades, in particular, I fear that China, or a China/Russia axis, would, as the replacement superpower (or “hyperpower” as some have described the U.S. today), be worse than the U.S. has been. And possibly far worse. This is because, among other reasons, China lacks a democratic tradition, is highly nationalistic and ethnicist, and is home to a growing bellicosity and assertiveness that doesn’t bode well for peace as China continues to rise and increasingly butts up against U.S. power in Asia and around the world, as well as with regional rivals like Japan. I fear increasing conflict between China, its regional neighbours, and the U.S., but also a world in which China could theoretically replace the U.S. as top dog at some point down the road.

However, I see the rise of Bitcoin as a powerful tool in helping to prevent this from happening. How? Well, the key to this dynamic is the potential for Bitcoin to replace the yuan as the currency of choice in China. Bitcoin is already being used on a minimal basis in China and China has cracked down on early Bitcoin entrepreneurs and cracked down on Bitcoin in other ways. But even with China’s crackdown on Bitcoin normal Chinese can and do conduct a significant amount of economic transactions in Bitcoin. And China is home to the most Bitcoin mining (creating Bitcoin through massive computing power) of any country, by far, controlling over 50% of all mining in 2015.

Bitcoin is appealing to the Chinese for different reasons, but its main appeal, it seems, is the ability it gives them to send money anywhere in the world with the push of a button, with no fees or very limited fees. China imposes strong capital controls on its citizens, including an annual limit of $50,000 (approximately) in Chinese money being sent out of the country, along with new daily limits on ATM withdrawals in foreign countries. These limits are imposed as a way to maintain the Chinese government’s ability to control the value of its currency, which has been pegged at a specific value to the dollar since 1993.

Bitcoin, however, allows any Chinese national to send as much money abroad as they want to because Bitcoin transactions are generally untraceable to any particular individual. This privacy is made possible because the blockchain ledger of Bitcoin transactions doesn’t contain any personal information. It only contains the Bitcoin transactions themselves.

This feature alone may lead the Chinese to expand their use of Bitcoin, continuing a very clear trend since Bitcoin was created. If this trend does continue, then Bitcoin may become, before too long, a widespread currency in China alongside the yuan, either overtly or more likely covertly.

If Bitcoin continues to be used widely, and if the yuan continues to be devalued through floating exchange rates or through government manipulation of its value, Bitcoin may well become the preferred currency and store of value for large numbers of Chinese.

This evolutionary process could lead to the yuan becoming further devalued through disuse, particularly if other countries start to reject the yuan as a reserve currency, in favor of Bitcoin or other more established currencies, which could lead to a downward spiral of declining value for the yuan. This would improve the competitiveness of Chinese exports, which would boost the Chinese economy, all else equal, but a downward spiral in the value of a national currency is never a good thing in the long-term.

Bitcoin would be well-situated in such a scenario to eventually replace the yuan as the currency of choice for the majority of Chinese people. And if that happens, the central government loses its ability to set economic policy. And if that happens, China may be stopped in its tracks from becoming a superpower capable of rivaling the U.S. If a country can’t control its own currency, or even have its own currency, it cannot be a superpower in any normal sense of the word.

This is all highly speculative, of course, but my aim is to present a plausible scenario in which China loses its ability to control the currency of choice for a majority of its citizens. We’re far too early in the development of Bitcoin to make any predictions about this unfolding dynamic but it will certainly be an interesting ride.

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Let’s Stop Believing That ‘Children In Cages’ Is A Left/Right Issue

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In Brief

  • The Facts:

    The only reason that the issue of 'children in cages separated from their parents' is in the public eye is that it was part of an attempt to criticize Donald Trump's immigration policy. The situation was similar under Obama.

  • Reflect On:

    Is it possible that this Left/Right tirade on immigration is hiding a deeper problem? What will we find if we are able to see through the smoke screen of fabricated polarization and theatrical political debate?

When I hear stories like the one that’s hit the current news cycle–kids being detained in cages and separated from their parents after having entered the country illegally — I have learned to suspend judgment until I get the whole picture. This comes from finally discerning, after years of taking sides and identifying with one side of the polarity, that there are always two sides to any contentious issue, and the truth lies hidden somewhere in the vast middle.

Still, mainstream media sources tend to slant their stories based on the side they identify with. And this slant is even more pronounced when we are dealing with testimonials from members of either of the dominant political parties.

The very reason this ‘kids in cages’ story has even come into public view is that the Left is trying to cast the Trump Administration in a bad light, based on their current ‘Zero Tolerance’ Immigration Policy.

The response from the Right? They were able to identify the photo below, which was used and shared as part of the criticism of Trump’s Zero Tolerance policy, as a photo taken in 2014 — while the country was under the Obama Administration. And so they are able to ‘put the heat’ back on the Left, not only insinuating that Democrats are misrepresenting evidence for political purposes, but also that they are guilty of what they are accusing the Republicans of.

2014 photo of a US Customs and Border Protection center in Nogales, Arizona

For more insight into this, take a look at Joe Martino’s recent short video ‘Why are we just now hearing about children in cages?’, and his in-depth podcast ‘Don’t be fooled by politics.’

We’re Asking For It

The truth is, we as a collective can hardly complain if important social issues keep coming to us through the dense filter of polarized political theatre. As long as we as citizens continue to fundamentally identify with one or the other side of the polarity, politicians will continue — in essence, they don’t have much choice — to ‘play up to’ their base and excite and arouse them, so that they can maintain power and support.

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Take a look at the dramatic exchange between ‘crime-fighting super-hero’ Donald Trump and ‘sanctity of life’ crusader Nancy Pelosi trying to stake their positions on the immigration debate:

The Immigration Issue

In effect, the issue of immigration in the United States has many facets and needs to be dealt with in a comprehensive way. Most people would agree that, as currently constituted, The United States has some right to a process to determine which people will and will not be permitted to live and work in the country. Most would also agree with the notion that all people should be treated with a certain level of dignity and respect.

Donald Trump’s recent Executive Order to end family separation at the border would seem like a step towards conciliation — though it is met by the other side with general scorn and skepticism, amidst questions about whether this will reunite the families that are currently separated. One side will argue that 500 children have been reunited since May, the other side will ask whether those people are still in custody or they have been freed. Democrats will say that Republicans don’t treat immigrants with any respect, Republicans will argue that Democrats are blocking funding that will allow for adequate living conditions for detained illegal immigrants.

Meanwhile, for as long as any of us have been following this issue, people continue to suffer and endure abuse in a broken system. It is such a systemic failure, would it be such a surprise to eventually discover that the system has always been broken — on purpose?

Let’s Leave The Theatre

As conscious and awakening citizens, our primary role here is to stop buying into to the exaggerations, omissions and outright falsities being propagated on both sides of the aisle. Our own discussions about immigration policy should not be dictated by this fabricated polarity, within which we have to self-identify with one side or the other. Let’s try to look beyond and see that there is a much more powerful force, pulling the strings of both sides of the debate, and maintaining a state of confusion and inaction.

Suggestions now coming out that the Mexican border immigration phenomenon has long been used as a cover for child trafficking may be the point we should really be keeping our eye on. Despite Donald Trump introducing the idea that the Democrats are ‘responsible’ for this, we have reason to believe that immigration policy from both sides has long been facilitating crimes being perpetrated by powers far above the Left/Right fray. And if we are prepared to read between and beyond the distraction, and investigate through the smoky veneer, we may soon become agents of significant change that our politicians could never be.

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Hegelian Dialectic: A Tool To Enslave Humanity

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In Brief

  • The Facts:

    Hegelian thinking is built within our entire social and political structure and is a tool used to control perceptions withing society.

  • Reflect On:

    How much do we play into the elite and system in place simply by moving along with our lives as if everything is the status quo? How are we opting our consciousness out?

Hegelian thinking affects our entire social and political structure. The Hegelian dialectic is the framework for guiding our thoughts and actions into conflicts that lead us to a predetermined solution.

If we do not understand how the Hegelian dialectic shapes our perceptions of the world, then we do not know how we are helping to implement the vision. When we remain locked into dialectical thinking, we cannot see out of the box.

Hegel’s dialectic is the tool which manipulates us into a frenzied circular pattern of thought and action. Every time we fight for or defend against an ideology we are playing a necessary role in the elites game and it holds this system in place. Opting our consciousness out is the key.

The chess board is a well known Masonic or Hegelian symbol, the black and white squares symbolize control through duality in the grand game of life in all aspects. Left or right, white or black people, conservative or liberal, democrat or republican, Christian or Muslim and so on. Through two opposing parties control is gained as both parties reach the same destination, which is order through guided conflict or chaos.

Left (thesis) versus right (antithesis) equals middle ground or control (synthesis). The triangle and all seeing eye we see so often symbolizes the completion of the great work which began almost 6000 years ago when humanity was taken over and disconnected.

The pyramid is supported by the bottom opposing sides. The capstone at the top is established through controlled solution or middle ground. Hegelian dialectic is one in the same, the final plan is in action, however, the system is decayed and destined for failure.

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The dualistic order out of chaos model is based on separation of the people driven by economics. However, the planet is at the apex where consciousness is shifting and people are seeing beyond this game. Therefore the system that is ‘controlling us’ can be will be no more. Those manipulating the planet have used Hegelian dialectic to separate and control brothers and sisters, children of this planet.

The only way to completely stop the privacy invasions, expanding domestic police powers, land grabs, wars against inanimate objects, covert actions, and outright assaults on individual liberty, is to step outside the dialectic and shift consciousness. This releases us from the limitations of controlled and guided thought.

It is all the same game brought on by the cabal of this world, we are choosing to play these roles to support a system designed to hold us back from thriving, but it is time to change that game. We can expect to see more madness and fear tactics from the establishment to keep control., but you are always free to think outside the box and let go of the Hegelian Dialectic. You can view this system for what it is as the moves on the chess board become more and more blatant.

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Your life path number can tell you A LOT about you.

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U.S. Soldier Claims To Have Shot & Killed A 12-Foot Giant In Afghanistan

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In Brief

  • The Facts:

    There is corroborating testimony that a patrol of U. S. Soldiers shot and killed a giant 12-15 feet tall in Afghanistan, widely known a 'The Kandahar Giant.'

  • Reflect On:

    What would be the implications about human history if we came to know that there were one or several other humanoid species that once lived on the planet, or indeed still live here today?

In 2002 a U. S. patrol had gone missing in a very remote area of Afghanistan. Another patrol was dispatched on a search and rescue mission, and one soldier on that patrol described what he saw after coming around the side of a mountain:

As we bent around this corner you could see the opening of the cave. And then I see a lot of rocks which is another oddity. And then bone matter. I’m not close enough to identify what kind of bones but I did see what I knew to be a piece of our communications equipment. So instantly we’re thinking ‘ambush,’ maybe animal, you know, could be anything. There was enough room in front of the cave, but it had a sheer drop-off; but there was enough room that we got into a decent dispersal in case of ambush.

Not long after they had gotten into that dispersal formation, they saw something emerge from the cave that, despite their preparedness, caught them fully off guard.

It was a man at least 12 to 15 feet in height. This is a MONSTER. Red beard, with his hair–was longish, past his shoulders, a scarlet red. And Dan runs at him and starts shooting, which broke all of us into the reality–because it was surreal.

While Dan is moving at him, another bro of mine is laying down fire and I start firing. He skewers Dan–he’s now got him on this ‘pike.’ It went through him. He’s got him and he’s coming after more.

We all just clicked in. I don’t know what it was, but I remember we were all like, ‘Shoot him in the face, shoot him in the face!’ He’s taking multiple hits, and he’s still moving.

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Eventually, the giant was killed. Dan had been killed as well. And the patrol unit was soon visited by a helicopter that dropped some cargo netting. They were told they had to bundle up the giant in the netting, and soon after they were done, a larger helicopter came by, dropped a hook, and the giant was carried off.

The soldier confirmed that the red-haired, fair-skinned giant had six fingers on each hand and six toes on each foot. After they had submitted their after-action report, the soldier recounts that they were told by their top brass to re-write it in a particular fashion, presumably to remove any mention of a giant being.

Corroborating Testimony

Although not an eyewitness, another special ops soldier in Afghanistan provides the following corroborating testimony:

We would come back to the base and started hearing this rumor about a unit that killed this, what they started calling this really tall person. At first I didn’t think anything of it, then come to find out that the person they killed was actually three times the size of a man, had extra digits on their hands, and extra digits on their feet, and had red hair, and a special unit had come in and wanted this target.

Well we’d heard that they killed this thing inside a cave, or the mouth of a cave, and there was common knowledge among the military to hear this. When you first hear, you’re thinking like, this has got to be a joke. This has got to be a hoax. Then after things go down a certain way, and you keep hearing it, you start to realize it’s not a joke.

They kept telling us to keep our weapons high, which normally means it’s two to the chest, one to the head, but they kept telling us to put it towards a man’s head, and put it higher. So we would question, why would they want us to shoot higher than a man’s head?

Recorded Interviews

These testimonies are found in the compilation video below, from interviews conducted by L. A. Marzulli with the two soldiers who wanted to remain anonymous. In addition, there is some footage from Coast to Coast with host George Noory featuring a pilot who saw and actually transported the giant.

Pilot’s Testimony

This pilot had landed at a base in Afghanistan and was told that they had to pick up special cargo and that there were absolutely no cameras allowed. The pilot describes the ‘cargo’:

It was basically a dead ‘guy,’ and this guy was extremely large, and when I say large, our pallets are basically, if I remember correctly, about 9 by 12 feet, or so, and this guy was laying in a fetal position, on the pallet, and he filled the pallet. He was around an 1100 pound guy.

The pilot corroborated much more of the details given by the other two witnesses, including the fact that this giant was fair-skinned, red-haired, and had extra digits on his hands and feet.

Widespread Corroboration

As impressive as the consistency of these three separate testimonies is, there is actually much more widespread corroboration about the existence of fair-skinned, red-haired giants with six fingers and toes, and double rows of teeth. Certainly, in Afghanistan, the stories among the natives were rampant about the existence of cannibalistic giants living in caves. The soldiers who could understand the natives’ language tended to refer to these stories as ‘legends’, although a few noted that the presence of bones near cave entrances suggested that humans were killed and eaten by something living in the cave, either by ambush or, according to the natives, by sacrifices they offered the giant.

There is plenty of evidence that a cannibalistic, red-haired race of giants once inhabited North America, and menaced several native tribes whose folklore and legends (or for the tribes, history) tell stories similar to the one recounted in this article:

After years of strife and numerous casualties on both sides of the fence, the natives decided to end this giant threat for good-by uniting under a single flag. It wasn’t long until the red-haired giants were crippled and forced out of their homes.

The giants retreated inside a cave, but were tracked down by the natives, and with a will to avenge their fallen brethren, they set up a considerable fire that had them all burnt or intoxicated. Those who ventured outside to try to escape the putsch were met with retribution to the last one.

In reference to red-haired giants, there is a discussion between David Wilcock and Corey Goode where it is said that these giants have been found in stasis, which means in suspended animation, until such a time that they are supposed to return. More than one person within the UFO community has borne witness to these red-haired giants being found in stasis chambers, in full battle regalia and other adornments, seemingly in preparation to resume their role on Earth at the appointed time.

Reasons For Non-Disclosure

In asking one of the U. S. army witnesses why this information was being kept secret from the world, he said,

My personal opinion is, if it points to the Bible’s accurate, they don’t want it. If it goes against Darwinian Evolution, it’s not to be spoken of.

This is very much in keeping with my previous article on Giants in North America, where it seems that those in power are trying their best to keep everybody from finding out that human history is very different from the neo-Darwinian model in which human evolution has been a slow, unbroken, random pattern without intervention from any other sentient species. It’s likely that just learning of the existence of one different species here on Earth would completely break the spell and have a majority of us ready to demand the truth about our history and our place in this universe alongside other intelligent species.

Snopes Weighs In

Of course mainstream attempts to dampen the credibility of this type of story starts at the top–the top of a Google search, I mean. A search on ‘Kandahar Giant,’ predictably, has this Snopes article first on the list, to tell us of course that the whole story is false. The proof?

A Department of Defense spokesman told us they have no record of such an incident: “We do not have any record or information about a special forces member killed by a giant in Kandahar.”

If you’ve made it this far in the article, I rather doubt that this ‘proof’ is very compelling to you.

Our Role

Our role as awakened and awakening citizens in the truth-seeking community is to continue to do our best to bring to light all the evidence of information that has been suppressed, hidden and denied. As more and more eyewitnesses and other whistleblowers gain the courage to come out and talk about what they have experienced, it is becoming easier to start building a bigger picture about our true history and what’s really going on in our world.

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