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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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IKEA Plans To Switch From Styrofoam Packaging To A Mushroom-Based Alternative

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In Brief

  • The Facts:

    Styrofoam is harmful to our planet, which is why it's great to see IKEA switching all styrofoam packaging products to a compostable mushroom-based alternative.

  • Reflect On:

    If more sustainable options exist why wouldn't we implement them now? As consumers we have a say in creating the type of world we want to live in.

The cat’s out of the bag, by now the vast majority of us are aware that Styrofoam is bad for our environment as it doesn’t decompose and, in its production process, leaches toxic chemicals into our environment. Yet, despite this awareness, it is still being used on a massive scale to package anything from your new flat screen TV to your late night sushi rolls. As consumers we can choose to either support the companies that are contributing to the waste epidemic on our planet — or not.

Thankfully, as awareness grows, some large corporations like furniture giant IKEA are leading the way and choosing more sustainable and harmonious products. No doubt these sustainable options will appeal more to the conscious consumer and even though we can’t be clear as to whether or not these decisions are being made because of a general concern for our environment or because of growing consumer awareness, it doesn’t really matter because, regardless of the why, things are shifting for the better.

Compostable Alternative

Ikea has announced that they will be looking to switch all of their packaging materials from Styrofoam to a new substance called MycoComposite, which is made out of mushrooms and other organic materials. This material is entirely natural and compostable; it grows within a week and will decompose within 30 days. It can also be reused if it is kept dry.

This was a product we wrote about 7 years ago! And here it is today, finally getting the attention it deserves.

The process to create this packaging material is quite simple really–from Intelligent Living:

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  • Agricultural byproducts such as hemp, husk, oat hulls, and cotton burrs are pressed into the desired shape that can fit around items as packaging.
  • Then, it is seeded with mushroom spores that sprout mycelium (a root structure) after a few days.
  • The mycelium threads rapidly through the structure and binds it together to form a shock-resistant and durable packaging material.
  • The last step is to heat-treat the material to kill spores in order to arrest further growth of the fungus.

Mushroom-based packaging uses only about 12% of the energy that is used in plastic production and produces 90% fewer carbon emissions than plastic/Styrofoam production. Non-petroleum-based packaging is just another step towards ending our reliance on fossil fuels; there are plenty of alternative options available, we just need to look. In some cases we simply need to put on our thinking caps, we are a creative, problem-solving species and no doubt there are much more harmonious alternatives for many of our current processes.

The SWOT Analysis below conveys the advantage that Mushroom based materials has over plastic.

Strengths

  • Biodegradable
  • Easily grown from agricultural waste products which are plentiful
  • Strong, lightweight, mouldable
  • Produced using less energy
  • No waste or pollution from the process itself
  • Inexpensive
  • No health risks

Weakness

  • Takes longer to produce than most plastics
  • Less variability and range of products can be produced
  • Not as fire resistant/good as Styrofoam

Opportunities

  • Replace plastic products as a socially and environmentally safe alternative
  • Research is ongoing to improve and create more products
  • Community development through GIY initiatives

Threats

  • Compete against already strongly established plastic dependence (suppliers, manufactures, buyers)
  • Opposition to fungus grown product, misinformed views

One Small Step Towards Massive Change

Just think for a moment, not even just about the hundreds of IKEA stores worldwide, but consider all the big box retailers like Amazon and ALL OF THE STYROFOAM packaging that is being used and where all of that ends up. The fact that technology even exists for us to use a compostable alternative should leave the other substances completely behind. Because why would we continue using materials that are harmful for our planet if working alternatives already exist? That’s a whole other topic, and I’m sure you already know all about the why.

IKEA’s Head of Sustainability, Joanna Yarrow, said this was the retailer’s “small yet significant step towards reducing waste and conserving ecological balance.”

Another Ikea spokesperson told The Telegraph, “IKEA wants to have a positive impact on people and planet, which includes taking a lead in turning waste into resources, developing reverse material flows for waste materials and ensuring key parts of our range are easily recycled. IKEA has committed to take a lead in reducing its use of fossil-based materials while increasing its use of renewable and recycled materials.”

Yes, it may be a small step, but just think of how big this step really is, and we can only hope that other retailers will follow in the footsteps of IKEA. Maybe it goes without saying, but we do have a say in the matter. If other retailers aren’t willing to give up their use of Styrofoam, then we can choose to shop elsewhere, and if enough people do the same, then these other retailers will have no choice but to change their ways. This is why raising awareness is so important.

Much Love

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ABC & CBS Fire The ‘Leaker’ of Video Showing Anchor Amy Robach Commenting On Jeffrey Epstein

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In Brief

  • The Facts:

    A producer at CBS was fired after ABC said she was the person who had leaked the video detailing how ABC prevented the airing of a sensational interview with a prominent victim of Jeffrey Epstein.

  • Reflect On:

    Are the recent testimonies from mainstream media insiders starting to hone our discernment about what is real and what is fake in our perceptions of the world?

In the wake of a firestorm of criticism being heaped upon mainstream media companies ABC and CBS as a result of their response to a leaked video featuring ABC anchor Amy Robach, more and more people are awakening to the possibility that Mainstream Media is more in the business of hiding the critical truths humanity needs to know rather than reporting on them. Indeed, phrases like ‘the news you need to know’ is sounding more like a parent shielding children from information that would actually help them grow up.

The latest episode started about a week ago, with the surfacing of a video featuring ABC anchor Amy Robach complaining that the network had refused to air her interview with a prominent accuser of convicted pedophile Jeffrey Epstein. This is some of what she had to say:

I had this interview with Virginia Roberts. We would not put it on the air. First of all, I was told, “Who’s Jeffrey Epstein? No one knows who that is. This is a stupid story.” Then the palace found out that we had her whole allegations about Prince Andrew and threatened us a million different ways.

It was unbelievable what we had, Clinton, we had everything. I tried for 3 years to get it on to no avail… There will come a day when we realize Jeffrey Epstein was the most prolific pedophile this country has ever known.

The fact that Robach freely implies that Buckingham Palace had prevented her news organization from broadcasting an interview damaging to them is very telling. Joe Martino discusses Robach’s testimony more in-depth in this article he wrote right after it happened.

ABC Goes Into Damage Control

Predictably, ABC News downplayed the significance of the video, saying that Robach’s Epstein story wasn’t fit to air at the time. They were quick to try to convince their counterparts at Fox News that everything is all on the up-and-up:

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“At the time, not all of our reporting met our standards to air, but we have never stopped investigating the story. Ever since, we’ve had a team on this investigation and substantial resources dedicated to it. That work has led to a two-hour documentary and six-part podcast that will air in the new year.”–ABC Spokesperson

Uh-huh. So it’s taken them three years to fully suss out the validity of this interview, and there’s still another year to wait before we get to hear the story? That’s some pretty tough and thorough standards.

But wait a minute: isn’t this the same news organization that recently made the lightning-fast decision to broadcast a video from a 2017 Kentucky gun exhibition showcasing the awesome power of new military weaponry and try to pass it off as the current-day slaughter of Kurds by the Turkish army?

‘Leaker’ Gets Fired

ABC’s efforts to ‘rectify’ the situation has only left them with more egg on their face. It is no surprise that they completely discount Robach’s claim that outside influence (Buckingham Palace) had any bearing on their decision not to air the interview, as well as Rorbach’s claim that this interview really ‘had everything’; but if Robach’s claims were just their anchor’s erroneous and self-inflating testimony about the integrity and value of her story, would the network really have reason to be so upset that this video came out?

In a move designed to clearly send a message to other would-be leakers of ‘sensitive’ internal information, ABC has worked hard to identify the employee suspected of leaking the Robach video to watchdog group Project Veritas.

Their investigation led them to Ashley Bianco, a former producer on ABC’s “Good Morning America” who joined “CBS This Morning” last month. After ABC executives informed their counterparts at CBS of their suspicions, she lost her job.

There’s just one problem, though. Bianco adamantly denies that she is the leaker.

Bianco Speaks Out

“I did not leak the tape,” Bianco told journalist Megyn Kelly in an interview posted on YouTube. “I’m not the whistleblower. I’m sorry to ABC, but the leaker is still inside.” She said she was fired by CBS after the network received a call from ABC informing her new boss that she once had access to the leaked video.

Bianco told Kelly that she doesn’t know who leaked the tape because “everyone” at ABC was aware it existed. She also insisted she had never heard of Project Veritas before this week. “I begged, I pleaded, I didn’t know what I had done wrong,” she told Kelly. “I wasn’t even given the professional courtesy to defend myself. It was humiliating, it was devastating.”

Compounding this was the fact that Project Veritas published a note from the alleged real “ABC insider” it claimed was behind the leak.

Using the pseudonym ‘Ignotus,’ the alleged leaker began the piece published by Project Veritas by stressing, “I did not and do not seek any personal gain from this information whether it be financial or otherwise,” and expressed their desire to make the information public out of “anger, confusion and sadness.”

“I’ve walked the halls experiencing similar feelings we are all having right now,” wrote the supposed leaker, addressing ABC employees. “All of you regardless of your own personal differences in one form or another do an outstanding job. I sincerely enjoy working with each and every one of you and will continue to do so throughout our careers.”

Ignotus then addressed “those wrongfully accused,” an apparent reference to Bianco:

It is terrible that you have been lashed out at by the company. I know some may put the burden of guilt on me, but my conscience is clear. The actions of the company towards you are the result of their own and not anyone else. The public outcry, from coast to coast, of all people, creeds, and political affiliations, is clear. I have not one doubt that there will always be support for you, and you will have prosperous careers. For neither you, nor I, have done anything wrong.

NewsBusters managing editor Curtis Houck highlighted the hypocrisy by saying that this is ‘an example of how the liberal elites have decided that the very journalistic ethics that are extolled in journalism schools and advocacy groups are no more than empty promises.’

Indeed, more and more signs are coming out that mainstream media is breaking apart from the inside, as the many honest and hard-working employees like CNN’s Cary Poarch and this most recent whistleblower become emboldened to extol the true journalistic virtues of integrity, fairness, and neutrality, and show how the current mainstream media machine has become anything but a proponent of those values.

The Takeaway

One of our highest aims here at CE is to examine and understand the distinctions between how the world really is, and how we are perceiving it as a result of social engineering and mass perception-building strategies that have been in place in various forms for ages. The current revelations about the hypocrisy of mainstream media provides fertile grounds for our growing discernment of this.

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How Facebook Has Become The Strategic Media Mouthpiece For The Global Elite

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In Brief

  • The Facts:

    Facebook has made deals with mainstream media outlets to pay for their news content, further turning Facebook from a neutral social media platform into a conglomerate that supports a political bias and the agenda of the global elite.

  • Reflect On:

    What can conscious media outlets do to overcome growing censorship and mainstream bias from the big tech companies and ensure that you continue to get neutral, agenda-free news coverage and commentary on the issues of the day?

It’s not clear whether Facebook was truly conceived by an innocent genius with noble intent, but one fact has become abundantly clear: Facebook is now a mouthpiece and tool for the proliferation of mainstream perception. This is specifically designed to enrich the global elite and continue to disenfranchise ordinary citizens and any attempts to bring important truths to light that would threaten the elite. And, of course, Mark Zuckerberg is now a ‘junior partner’ in this global elite.

The episode of the Jimmy Dore show found in the video below, which is worth watching to get the full context of the discussion, introduces whistleblower Vikram Kumar, a former promoter of third-party videos on Facebook. Dore brings interesting insights into Facebook’s latest strategies in terms of controlling the news commentary. He explains how Facebook is proliferating the establishment’s narrative while limiting and blocking alternative voices which, of course, Facebook characterizes as ‘Fake News’. Here, Kumar discusses Mark Zuckerberg’s testimony in Congress to this effect:

Back in 2017 there was that TechCrunch report that said that Facebook was taking measures to stop the spread of ‘Fake News’ by banning certain political accounts from promoting their videos on their newsfeed. So when I heard Mark Zuckerberg in 2018 telling Congress that he would be doing the same thing, I thought, what changed between 2017 and 2018? Are they taking new measures, are they re-taking the measures?  And it wasn’t until a week later that I realized that Variety Magazine reported that Facebook Watch, which is Facebook’s media platform, had reached a multi-million dollar deal with CNN, Fox News, ABC, and large media outlets.

The congressional testimony was the perfect opportunity for the political establishment, the media establishment, and the tech companies to form an alliance against small media outlets.

Returning Media To The Global Elite’s Control

The process of bringing fundamentally liberating technologies like social media under control has been a difficult process, but the global elite seems to feel they are getting a handle on it. Since the big media giants Google, Facebook, Youtube and others are now strictly following the global elite playbook, with special algorithms and thinly-veiled censorship strategies, the process of promoting the elite agenda while suppressing dissenting voices is in full swing.

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One of the biggest issues to remedy was the lack of viewership that traditional mainstream media was getting from young people, which is really the target market not only for advertisers but the social engineering wing of the global elite as well. Here’s how Kumar describes it:

As you know, young people, they don’t watch cable… the viewership of Fox News, CNN, and ABC are dying off, they’re getting older and older, and so what Facebook is, is access to young people, right, and so they viewed small anti-establishment media outlets such as yourself as an existential threat to their next generation of revenue.

Tech companies view media companies extremely valuably, you could go back to 1996, there was that merger between Microsoft, General Electric and NBC to create MSNBC.com. A lot of people don’t know that the ‘MS’ in MSNBC stands for Microsoft, and the reason why media companies and tech companies are so intertwined with each other is ’cause you can influence young people so much when you have the distribution network of something like Facebook, and with Facebook Watch, and their media platform, and their deal with CNN, Fox News, and ABC, they’re able to indoctrinate the next generation of young people. And so they want to take viewership away from shows like yours, and put those young people that haven’t been paying attention with cable news back into the pockets of companies like Fox News, ABC, and CNN.

Every media company wants some of that Facebook Watch dough. And so the companies that have coverage that Facebook doesn’t like are out of there, and new companies that have coverage that Facebook likes are back into the deal. And so Facebook is already taking steps to craft the political landscape in the framing that they find positively. And so you get that whole thing where Facebook shuts down over 800 political pages and accounts, and even legitimate political pages that expose things like police brutality… you’re already seeing a coordinated effort from the establishment media and tech companies to kind of craft the narrative for young people.

This is how that Variety Magazine article Kumar talked about characterizes the deal between Facebook and Mainstream Media:

After going through the fake-news wringer, Facebook is shelling out money on original news content. The strategy is partly aimed at driving up viewing on its Facebook Watch platform — but it also is supposed to demonstrate the social-media giant’s commitment to funding trustworthy journalism.

A corporate conglomerate now giving itself the authority to judge what is and isn’t trustworthy journalism. What could possibly go wrong?

Is Facebook Still Just A Tech Company?

The slippery slope that Facebook is trying to anchor itself to is as clear as the nose on Mark Zuckerberg’s face. He continues to want us to think about Facebook as a social media platform whose objective is still ‘to make the world more open and connected,’ yet at the same time he wants Facebook to become the prime arbiter of the ‘news that is fit to print,’ or in this case, to decide which sources of news will benefit and not benefit from Facebook’s tremendous reach. The same Variety article reinforces the idea that Facebook is trying to have things both ways, gaining the advantages of defining itself as a tech company, and not taking on the liabilities inherent in being a media company:

In the past, CEO Mark Zuckerberg has remarked that Facebook is a technology company — not a media company. Asked whether Facebook is now in fact a media company, given that it’s paying for a growing slate of content, Brown responded, “Having worked for big media companies, I don’t think Facebook is a media company. But are we responsible for the media on Facebook? Yes.”

The fact is that we have entered into somewhat uncharted territory in terms of what defines a media company since the rise of the Internet. We can only hope that we will collectively awaken to the fact that Facebook has clearly gone beyond being a platform that provides equal access to all voices and commentaries, and has given in to the temptation to control the flow and proliferation of information. As this Wired article starts off,

FACEBOOK STEADFASTLY RESISTS categorization as a traditional media company. Instead, CEO Mark Zuckerberg insists on calling the social network a technology platform—even though nearly half of all American adults get their news on Facebook. These old arguments no longer work, especially as Facebook starts making its own video content.

It is incumbent upon the awakening community to clearly grasp what is happening here and to act accordingly in terms of our future engagement with social media sites like Facebook. It is important to see how Bill Clinton’s Telecommunications Act of 1996, which allowed media cross-ownership that led to mergers between tech companies and media companies, was a seed that has already started to bear the fruit of an Orwellian dystopia, where the global elite are permitted to continue to proliferate mainstream propaganda and limit exposure to alternative views that are a threat to their agenda.

The Takeaway

Conscious media outlets, like us here at Collective Evolution, are in the crosshairs of the recent efforts on the part of Facebook and other large media conglomerates to selectively control the proliferation of information. Our best hope in these times is that the awakening community makes deliberate choices in terms of which sources to tune in to. While the global elite may have the power, the wealth, and the technology, they are still pushing an agenda, which to discerning minds looks and sounds very different from the unbiased truth.

Our hope is that a growing number of people are seeing through the agenda of the global elite enough to be motivated to ensure that conscious media survives, and then thrives. One of the future goals of our Conscious Media Movement campaign is to strengthen an alliance between ourselves and other conscious media outlets and work together to find ways we can amplify the voice of truth and neutrality.

One of the first steps we are taking in our CMM campaign is to fund an Investigative Journalism team to join our efforts here at CE. To help support this, click here. 

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