CRYPTOCURRENCY PAMPHLET 710 PEASANT PUBLISHING SEPT 2017
"IN THE LONG RUN, INFLATION COMES TO AN END WITH THE BREAKDOWN OF CURRENCY." LUDWIG VON MISES
THIS PAMPHLET IS A CONTRIBUTION
BY A CITIZEN TO END THE CURRENCY SLAVERY THAT CATALYZES EVERY RACKET KNOWN TO MAN TODAY.
THIS PUBLICATION IS DEDICATED TO THE SELF EDUCATED PEOPLE THAT ARE CENTRAL TO THE ENDING OF THE WAR ON DRUGS. WHICH FOR EDUCATED PEOPLE PRIVY TO HISTORY, IS REALLY JUST A WAR ON PEOPLE, AND CANNABIS, AND CONSCIOUSNESS AND THE GREATER FAMILY OF ENTHEOGENIC PARTNER PLANTS. ~PERPETUATE YOUR DEDICATION TO PERSONAL LIBERTY~
“I believe that banking institutions are more dangerous to our liberties than standing armies.” THOMAS JEFFERSON “Jacksonian Democracy seems as prominent for its exclusionary features as its inclusionary features. That’s not the way it looked at the time. It’s true that Jacksonian Democracy was democracy for adult white men. It’s not inclusion for women, it’s not inclusion for black people, it’s not inclusion for Indians [sic].”
NATGEO MAG
THE PURPOSE OF THIS PAMPHLET IS TO HELP THE AVERAGE AMERICAN UNDERSTAND THE INTEGRAL VALUE OF BLOCKCHAIN TECHNOLOGY SYNCHRONIZED WITH PRIVATE SOCIAL NETWORKING AND MERCANTILISM.
ENTHEOGEN: en-theo-jen noun noun: entheogen; plural noun: entheogens partner plant or chemical substance, of plant or fungus origin, that is ingested to produce a nonordinary state of consciousness for religious or spiritual purposes. Origin: from Greek, literally ‘becoming divine within’; coined by an informal committee studying the inebriants of shamans. EXAMPLES: CANNABIS, MUSHROOMS, DATURA, SALVIA DIVINORUM, PEYOTE, AYAUASCA, ECT. ECT.
ISCHYROGEN: isz-kr-eye-oh-jen noun noun: ischyrogen; plural noun: ischyrogens partner plant or naturally derived isolate, or aggregate, of plant or fungus origin, that is utilized to produce a increased abundance, or sense of wellbeing, within the human or gaia systems. Origin: from Greek, literally ‘making solutions to life’s troubles and challenges through the use of plants to become strong on the outside’. EXAMPLES: MYCOTECTURAL MATERIALS, CANNABIS BAST FIBER HURDAGE, CANNABIS EPIDERMAL FIBERAGE, CANNABIS SEED OILS/ FUELS/FOODS/BUILDING MATERIALS
TABLE OF CONTENTS:
PART ONE: LEARNING FUNDAMENTALS OF CRYPTOCURRENCY. what is blockchain? how can it be ethically employed, who can benefit?
PART TWO:
WHY CRYPTOCURRENCY IS APPLICABLE RIGHT NOW IN 2017 WITH LOOMING DEBT BUBBLES READY TO POP?
PART THREE:
WHAT CONSTITUTES UNDERSTANDING OF A COMMODITY THROUGH ETHNOBOTANICAL CONTEXTS? IN 2017 IN AMERICA AND HOW DO BIO-COMMODITIES AND BIO-REGIONS APPLY TO CRYPTOCURRENCY?
PART FOUR:
WHAT WILL NEXT-GENERATION INSTITUTIONS LOOK LIKE AND WHAT KINDS OF CURRENCIES WILL FUEL THEIR CREATION AND CREATION OF ABUNDANCE (AS OPPOSED TO WEALTH)?
intermission part five:
HOW DOES CANNABIS, PRIVATE SOCIAL NETWORKING, BLOCKCHAIN APPLICATIONS FOR SUPPLY CHAIN PLATFORMS, AND CRYPTOCURRENCY HAVE IN SYNERGY AS WELL AS LATENT positive POTENTIAL for creating abundance FOR future generations of AMERICANS + humans?
part six: WHAT CAN AMERCANS DO TODAY TO HELP BOLSTER THEMSELVES AGAINST HYPERINFLATION?
Page Number 1
BLOCKCHAIN & CURRENCY
Dateline: SEPT 2017
WHAT IS
“LEARNING ABOUT BLOCKCHAIN AND CRYPTOCURRENCY SHOULD TEACH YOU BLOCKCHAIN? Blockchain is an undeniably ABOUT CORPORATISM AND FASCISM.” ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Blockchain? By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology. Bitcoin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $660 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you don’t need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why it’s considered revolutionary.
The idea of decentralization By design, the blockchain is a decentralized technology. Anything that happens on it is a function of the network as a whole. Some important implications stem from this. By creating a new way to verify transactions aspects of traditional commerce could become unnecessary. Stock market trades become almost simultaneous on the blockchain, for instance — or it could make types of record keeping, like a land registry, fully public. And decentralization is already a reality. A global network of computers uses blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority. Decentralization means the network operates on a user-to-user (or peer-to-peer) basis. The forms of mass collaboration this makes possible are just beginning to be investigated.
WHAT IS THE VALUE OF BLOCKCHAIN CURRENCY? A distributed database Picture a spreadsheet that is duplicated thousands of times across a network of computers. Then imagine that this network is designed to regularly update this spreadsheet and you have a basic understanding of the blockchain. Information held on a blockchain exists as a shared — and continually reconciled — database. This is a way of using the network that has obvious benefits. The blockchain database isn’t stored in any single location, meaning the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Hosted by millions of computers simultaneously, its data is accessible to anyone on the internet. Blockchain Durability and robustness Blockchain technology is like the internet in that it has a built-in robustness. By storing blocks of information that are identical across its network, the blockchain cannot:
Be controlled by any single entity. Has no single point of failure. Bitcoin was invented in 2008. Since that time, the Bitcoin blockchain has operated without significant disruption. (To date, any of problems associated with Bitcoin have been due to hacking or mismanagement. In other words, these problems come from bad intention and human error, not flaws in the underlying concepts.) The internet itself has proven to be durable for almost 30 years. It’s a track record that bodes well for blockchain technology as it continues to be developed. Transparent and incorruptible The blockchain network lives in a state of consensus, one that automatically checks in with itself every ten minutes. A kind of self-auditing ecosystem of a digital value, the network reconciles every transaction that happens in ten-minute intervals. Each group of these transactions is referred to as a “block”. Two important properties result from this:
It cannot be corrupted altering any unit of information on the blockchain would mean using a huge amount of computing power to override the entire network. In theory, this could be possible. In practice, it’s unlikely to happen. Taking control of the system to capture Bitcoins, for instance, would also have the effect of destroying their value.
“Blockchain solves the problem of manipulation. When I speak about it in the West, people say they trust Google, Facebook, or their banks. But the rest of the world doesn’t trust organizations and corporations that much — I mean Africa, India, the Eastern Europe, or Russia. It’s not about the places where people are really rich. Blockchain’s opportunities are the highest in the countries that haven’t reached that level yet.” Vitalik Buterin, inventor of Ethereum
Transparency data is embedded within the network as a whole, by definition it is public.
BLOCKCHAIN DENIES THE CENTRALIZATION NEEDED BY CORRUPT BANKERS, CURRENCY FIXERS, MONEY CHANGERS
IT ALSO DENIES THE INHERENT NEED FOR INSTITUTIONS TO MANIUPLATE THE AMOUNT OF CURRENCY IN A GIVEN POOL, AND WHAT REQUIREMENTS HAVE TO BE MET TO CREATE CURRENCY are said to be “mining” Bitcoin, but Nodes are said to be “mining” Bitcoin, but A network of nodes theNodes term is something of a misnomer. In fact, the term is something of a misnomer. In fact,
A network of so-called computing “nodes” each one is competing to win Bitcoins by make up the blockchain. solving computational puzzles. Bitcoin was the raison d’etre of the blockchain as it was What is Blockchain Technology? A steporiginally conceived. It’s now recognized by-step guide than anyone can understand to be only the first of many potential applications of the technology. Node (computer connected to the blockchain There are an estimated 700 Bitcoin-like network using a client that performs the cryptocurrencies (exchangeable value task of validating and relaying transactions) tokens) already available. As well, a range gets a copy of the blockchain, which gets of other potential adaptations of the original downloaded automatically upon joining the blockchain concept are currently active, or blockchain network. in development.
each one is competing to win Bitcoins by solving computational puzzles. Bitcoin was the raison d’etre of the blockchain as it was originally conceived. It’s now recognized to be only the first of many potential applications of the technology. There are an estimated 700 Bitcoin-like cryptocurrencies (exchangeable value tokens) already available. As well, a range of other potential adaptations of the original blockchain concept are currently active, or in development.
Together they create a powerful secondA blockchain of nodes create a powerful level network, a wholly different vision for second-level network, a wholly different how the internet can function. vision for how the internet can function. Every node is an “administrator” of the blockchain, and joins the network voluntarily (in this sense, the network is decentralized). However, each one has an incentive for participating in the network: the chance of winning Bitcoins.
Every node is an “administrator” of the blockchain, and joins the network voluntarily (in this sense, the network is decentralized). However, each one has an incentive for participating in the network: the chance of winning Bitcoins.
Who will use the blockchain? As web infrastructure, you don’t need to know about the blockchain for it to be useful in your life. Currently, finance offers the strongest use cases for the technology. International remittances, for instance. The World Bank estimates that over $430 billion US in money transfers were sent in 2015. And at the moment there is a high demand for blockchain developers. The blockchain potentially cuts out the middleman for these types of transactions. Personal computing became accessible to the general public with the invention of the Graphical User Interface (GUI), which took the form of a
“desktop”. Similarly, the most common GUI devised for the blockchain are the so-called “wallet” applications, which people use to buy things with Bitcoin, and store it along with other cryptocurrencies. Transactions online are closely connected to the processes of identity verification. It is easy to imagine that wallet apps will transform in the coming years to include other types of identity management.
Page 2
BLOCKCHAIN & CURRENCY
The Blockchain & Enhanced security
SEPT 2017
A second-level network
By storing data across its network, the blockchain eliminates the risks With blockchain technology, the web gains a that come with data being held centrally. new layer of functionality. Its network lacks centralized points of vulnerability that computer hackers can exploit. Today’s internet has security problems that are familiar to everyone. We all rely on the “username/password” system to protect our identity and assets online. Blockchain security methods use encryption technology.
Already, users can transact directly with one another — Bitcoin transactions in 2016 averaged over $200,000 US per day. With the added security brought by the blockchain new internet business are on track to unbundle the traditional institutions of finance.
The basis for this are the so-called public and private “keys”. A “public key” (a long, randomly-generated string of numbers) is a users’ address Goldman Sachs believes that blockchain on the blockchain. Bitcoins sent across the network gets recorded as technology holds great potential especially to belonging to that address. The “private key” is like a password that optimize clearing and settlements, and could gives its owner access to their Bitcoin or other digital assets. Store your represent global savings of up to $6bn per year. data on the blockchain and it is incorruptible. This is true, although protecting your digital assets will also require safeguarding of your private key by printing it out, creating what’s referred to as a paper wallet.
VIEWING BLOCKCHAIN AS “CIVILIZATION 3.0” IS HELPFUL IN REGARDING ITS SIGNIFICANCE The blockchain gives internet users the ability to create value and authenticates digital information. What new platforms will result? Smart contracts
Distributed ledgers enable the coding of simple contracts that will execute when specified conditions are met. Ethereum is an open source blockchain project that was built specifically to realize this possibility. Still, in its early stages, Ethereum has the potential to leverage the usefulness of blockchains on a truly world-changing scale. At the technology’s current level of development, smart contracts can be programmed to perform simple functions. For instance, a derivative could be paid out when a financial instrument meets certain benchmark, with the use of blockchain technology and Bitcoin enabling the payout to be automated.
The sharing economy
With companies like Uber and AirBnB flourishing, the sharing economy is already a proven success. Currently, however, users who want to hail a ride-sharing service have to rely on an intermediary like Uber. By enabling peer-to-peer payments, the blockchain opens the door to direct interaction between parties — a truly decentralized sharing economy results.
An early example, OpenBazaar uses the blockchain to create a peer-topeer eBay. Download the app onto your computing device, and you can transact with OpenBazzar vendors without paying transaction fees. The “no rules” ethos of the protocol means that personal reputation will be even more important to business interactions than it currently is on eBay.
Crowdfunding
Crowdfunding initiatives like Kickstarter and Gofundme are doing the advance work for the emerging peer-to-peer economy. The popularity of these sites suggests people want to have a direct say in product development. Blockchains take this interest to the next level, potentially creating crowd-sourced venture capital funds. In 2016, one such experiment, the Ethereum-based DAO (Decentralized Autonomous Organization), raised an astonishing $200 million USD in just over two months. Participants purchased “DAO tokens” allowing them to vote on smart contract venture capital investments (voting power was proportionate to the number of DAO they were holding). A subsequent hack of project funds proved that the project was launched without proper due diligence, with disastrous consequences. Regardless, the DAO experiment suggests the blockchain has the potential to usher in “a new paradigm of economic cooperation.”
Governance
By making the results fully transparent and publicly accessible, distributed database technology could bring full transparency to
elections or any other kind of poll taking. Ethereum-based smart contracts help to automate the process. The app, Boardroom, enables organizational decision-making to happen on the blockchain. In practice, this means company governance becomes fully transparent and verifiable when managing digital assets, equity or information.
Supply chain auditing
Consumers increasingly want to know that the ethical claims companies make about their products are real. Distributed ledgers provide an easy way to certify that the backstories of the things we buy are genuine. Transparency comes with blockchainbased timestamping of a date and location — on ethical diamonds, for instance — that corresponds to a product number. The UK-based Provenance offers supply chain auditing for a range of consumer goods. Making use of the Ethereum blockchain, a Provenance pilot project ensures that fish sold in Sushi restaurants in Japan has been sustainably harvested by its suppliers in Indonesia.
File storage
Decentralizing file storage on the internet brings clear benefits. Distributing data throughout the network protects files from getting hacked or lost. Inter Planetary File System (IPFS) makes it easy to conceptualize how a distributed web might operate. Similar to the way a bittorrent moves data around the internet, IPFS gets rid of the need for centralized
Page 2
BLOCKCHAIN & CURRENCY
client-server relationships (i.e., the current web). An internet made up of completely decentralized websites has the potential to speed up file transfer and streaming times. Such an improvement is not only convenient. It’s a necessary upgrade to the web’s currently overloaded content-delivery systems.
Prediction markets
The crowdsourcing of predictions on event probability is proven to have a high degree of accuracy. Averaging opinions cancels out the unexamined biases that distort judgment. Prediction markets that pay out according to event outcomes are already active. Blockchains are a “wisdom of the crowd” technology that will no doubt find other applications in the years to come. Still, in Beta, the prediction market application Augur makes share offerings on the outcome of realworld events. Participants can earn money by buying into the correct prediction. The more shares purchased in the correct outcome, the higher the payout will be. With a small commitment of funds (less than a dollar), anyone can ask a question, create a market based on a predicted outcome, and collect half of all transaction fees the market generates.
Protection of intellectual property
As is well known, digital information can be infinitely reproduced — and distributed widely thanks to the internet. This has given web users globally a goldmine of free content. However, copyright holders have not been so lucky, losing control over their intellectual property and suffering financially as a consequence. Smart contracts can protect copyright and automate the sale of creative works online, eliminating the risk of file copying and redistribution.
SEPT 2017
instance, the monitoring of air temperature in a storage facility. Smart contracts make the automation of remote systems management possible. A combination of software, sensors, and the network facilitates an exchange of data between objects and mechanisms. The result increases system efficiency and improves cost monitoring.
becomes exponentially difficult. E-Commerce on the internet currently relies on the SSL certificate (the little green lock) for secure transactions on the web. Netki is a startup that aspires to create a SSL standard for the blockchain. Having recently announced a $3.5 million seed round, Netki expects a product launch in early 2017.
The biggest players in manufacturing, tech and telecommunications are all vying for IoT dominance. Think Samsung, IBM and AT&T. A natural extension of existing infrastructure controlled by incumbents, IoT applications will run the gamut from predictive maintenance of mechanical parts to data analytics, and mass-scale automated systems management.
AML and KYC
Neighbourhood Microgrids
Blockchain technology enables the buying and selling of the renewable energy generated by neighborhood microgrids. When solar panels make excess energy, Ethereum-based smart contracts automatically redistribute it. Similar types of smart contract automation will have many other applications as the IoT becomes a reality. Located in Brooklyn, Consensys is one of the foremost companies globally that is developing a range of applications for Ethereum. One project they are partnering on is Transactive Grid, working with the distributed energy outfit, LO3. A prototype project currently up and running uses Ethereum smart contracts to automate the monitoring and redistribution of microgrid energy. This so-called “intelligent grid” is an early example of IoT functionality.
Identity management
There is a definite need for better identity management on the web. The ability to verify your identity is the lynchpin of financial transactions that happen online. However, remedies for the security risks that come with Mycelia uses the blockchain to create web commerce are imperfect at best. a peer-to-peer music distribution Distributed ledgers offer enhanced system. Founded by the UK singermethods for proving who you are, songwriter Imogen Heap, Mycelia along with the possibility to digitize enables musicians to sell songs personal documents. Having a secure directly to audiences, as well as identity will also be important for licence samples to producers and divvy up royalties to songwriters and online interactions — for instance, in the sharing economy. A good musicians — all of these functions reputation, after all, is the most being automated by smart contracts. important condition for conducting The capacity of blockchains to issue payments in fractional cryptocurrency transactions online. amounts (micropayments) suggests Developing digital identity standards this use case for the blockchain has a is proving to be a highly complex strong chance of success. process. Technical challenges aside, a universal online identity solution Internet of Things (IoT) requires cooperation between private What is the IoT? The networkentities and government. Add to that controlled management of certain the need to navigate legal systems in types of electronic devices — for different countries and the problem
Anti-money laundering (AML) and know your customer (KYC) practices have a strong potential for being adapted to the blockchain. Currently, financial institutions must perform a labour intensive multi-step process for each new customer. KYC costs could be reduced through cross-institution client verification, and at the same time increase monitoring and analysis effectiveness. startup Polycoin has an AML/KYC solution that involves analysing transactions. Those transactions identified as being suspicious are forwarded on to compliance officers. Another startup Tradle is developing an application called Trust in Motion (TiM). Characterized as an “Instagram for KYC”, TiM allows customers to take a snapshot of key documents (passport, utility bill, etc.). Once verified by the bank, this data is cryptographically stored on the blockchain.
Data management
Today, in exchange for their personal data people can use social media platforms like Facebook for free. In future, users will have the ability to manage and sell the data their online activity generates. Because it can be easily distributed in small fractional amounts, Bitcoin — or something like it — will most likely be the currency that gets used for this type of transaction. The MIT project Enigma understands that user privacy is the key precondition for creating of a personal data marketplace. Enigma uses cryptographic techniques to allow individual data sets to be split between nodes, and at the same time run bulk computations over the data group as a whole. Fragmenting the data also makes Enigma scalable (unlike those blockchain solutions where data gets replicated on every node). A Beta launch is promised within the next six months.
Land title registration
As Publicly-accessible ledgers, blockchains can make all kinds of record-keeping more efficient. Property titles are a case in point. They tend to be susceptible to fraud, as well as costly and labour intensive to administer.
Page 2
BLOCKCHAIN & CURRENCY
SEPT 2017
A number of countries are undertaking blockchain-based land registry projects. Honduras was the first government to announce such an initiative in 2015, although the current status of that project is unclear. This year, the Republic of Georgia cemented a deal with the Bitfury Group to develop a blockchain system for property titles. Reportedly, Hernando de Soto, the high profile economist and property rights advocate, will be advising on the project. Most recently, Sweden announced it was experimenting with a blockchain application for property titles.
Stock trading
The potential for added efficiency in share settlement makes a strong use case for blockchains in stock trading. When executed peer-to-peer, trade confirmations become almost instantaneous (as opposed to taking three days for clearance). Potentially, this means intermediaries — such as the clearing house, auditors and custodians — get removed from the process. Numerous stock and commodities exchanges are prototyping blockchain applications for the services they offer, including the ASX (Australian Securities Exchange), the Deutsche Börse (Frankfurt’s stock exchange) and the JPX (Japan Exchange Group). Most high profile because the acknowledged first mover in the area, is the Nasdaq’s Linq, a platform for private market trading (typically between pre-IPO startups and investors). A partnership with the blockchain tech company Chain, Linq announced the completion of it its first share trade in 2015. More recently, Nasdaq announced the development of a trial blockchain project for proxy voting on the Estonian Stock Market.
How does crytpocurrency help? UNDERSTANDING CRYPTOCURRENCY LEADS YOU TO UNDERSTANDING BLOCKCHAIN AND UNDERSTANDING BLOCK CHAIN ALLOWS YOU TO UNDERSTAND THE SUBVERSIVENESS OF CENTRALIZED BANKING SYSTEMS THAT CONTROL THE CREATION OF CURRENCY AND INTEREST RATES. THERE ARE FOUR (4), ONE (1) TRILLION DOLLAR DEBT BUBBLES CURRENTLY STACKED ON TOP OF EACH OTHER. THESE BUBBLES HAVE THE CAPACITY TO HYPER-INFLATE THE DOLLAR LITERALLY OVERNIGHT AND DUE TO THE ILLUSORY STABILITY OF THE DEFAULT AMERICAN CURRENCY AND ITS BOGUS PRIVATE BANKING CARTEL THAT ERODES THE VALUE OF THE EXISTING SAVINGS OF MILLIONS OF AMERICANS EACH TIME IT TWEAKS INTEREST RATES OR ADJUST BOND RATES.
THE MOST “WELL OFF” OF AMERICANS ARE THE “BABY BOOMERS”. THEY HAVE THE VAST MAJORITY OF THEIR SAVINGS WRAPPED UP IN THE FOLLOWING: - LIQUID DOLLARS IN SAVINGS - IN THE STOCK MARKET - IN DERAVATIVE MARKETS ON THE STOCK MARKET WHAT THIS MEANS IS, THE MOST WEALTHY AMONG US, THE PEOPLE WHO ARE AT THE AGE OF RETIREMENT, ARE THE MOST VULNERABLE TO THE DOLLAR BECOMING HYPERINFLATED. THEIR LIFE SAVINGS, HAVING BEEN WRAPPED UP IN DOLLAR-BASED MARKETS OR SAVINGS, WILL EVAPORATE OVERNIGHT, AND THE GOVERNMENT WILL BE LOOKED TO FOR ANSWERS, AND THE GOVERNMENT WILL LOOK TO THE PRIVATE BANKS FOR ANSWERS AND THE PRIVATE BANKS, WITH EVIDENCE LASTING OVER THE SPANS OF HUMAN EXISTENCE, ANSWER TO NOONE BUT THEIR BLOODRELATED INCESTIOUS MAFIA MEMBERS. THEY WILL HAVE THEIR “READY-TO-ROLL-OUT” BLOCKCHAIN CURRENCY, WITH UNIVERSAL BASIC INCOME FOR EVERYONE. WHAT THIS MEANS IS:
PRiVATE CENTRAL BANKS ARE FASCiSTic, AND ARE RESPoNSiBLE For ALL MAJor iNDUSTRieS HAViNG THEir “lAUNCH moNEY” AND “pRECEDENCE” THis CREATES AN oBVioUS (oR NoT) “Subversive incestuousness” BETWEEN Finance AND iNDUSTRY. tHiS DiSToRTED RELATioNSHiP iS ePiToMiZED iN THE FoRMATioN oF THE MoDERN “CoRPoRATioN” AND THEiR BRETHREN GoVERNMENTS - 21ST CENTURY FASCiSM is FoUNDED iN THE TRiAD oF THE BANK, THE CoRPoRATioNS oF iNDUSTRY, AND goVERNMENTS NoT FoR, AND oF THE PEoPLE AS DESiGNATED iN THE aRTiCLES oF coNFEDERATioN. CURRENCY is the “bloodline” of fascism. if the means of currency control is allowed within the hands of “the triad” and not the people, the body cizitizenship is “bled like a corpse” by the fascistic cabals who will never cease to create artificial markets through entropy, destruction, scarcity (war, famine, materialism) to create yet another racket for thieir “bloodline heirs” to inherit.
THE REASON WHY CRYPTOCURRENCY AND IT’S FOUNDATIONAL BLOCKCHAIN TECHNOLOGY IS SO INTEGRAL TO IMPLEMENT BY AVERAGE, EVERYDAY CITIZENS, IS THAT WHAT IS LOST IN A HYPERINFLATIONARY EVENT, IS THE “FLUIDITY” THAT THE CURRENCY WE ARE ALL USE TO USING, DISAPPEARS. FLUIDITY IS THE NUMBER ONE VALUE IN BLOCKCHAIN AND CRYPTOCURRENCY. THE ABILITY TO TRANSACT THROUGH ENCRYPTION WITH TECHNOLOGY IS THE NUMBER ONE VALUE WHEN HYPERINFLATION DEGRADES THE ABILITY OF THE DOLLAR TO FUNCTION. HOWEVER, IN A SITUATION WHERE DOLLARS BECOME VALUELESS OVERNIGHT,
WHAT WILL ALLOW A CRYPTOCURRENCY THAT IS BASED ON THE DOLLAR TO REMAINED HEDGED AGAINST THE DOMINO EFFECT THAT IS SO INCIDIOUS WITHIN CENTRAL BANKING PONZI SCHEMES? ANSWER:
BASING YOUR CRYPTOCURRENCY’S INDIVIDUAL DENOMINATIONS ON SOMETHING THAT EXISTS IN THE REAL WORLD, AND HAS THE MOST QUANTIFIABLE FUNGIBILITY ACROSS BIO-REGIONS AND ECONOMIC MARKETS.
FUNGIBILITY:
Etymology The word fungibility comes from the Latin fungibilis, from the verb fungi, meaning “to perform”, related to words such as “function” and “defunct”. It is unrelated to the Latin and English noun fungus or its plural, “fungi”.
In economics, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable. For example, since one kilogram of pure gold is equivalent to any other kilogram of pure gold, whether in the form of coins, ingots, or other in other states, gold is fungible. Other fungible commodities include sweet crude oil, company shares, bonds, other precious metals, and currencies. Fungibility refers only to the equivalence of each unit of a commodity with other units of the same commodity and not to the exchange of one commodity for another, which is barter. BASING YOUR CRYPTOCURRENCY’S INDIVIDUAL DENOMINATIONS ON SOMETHING THAT EXISTS IN THE REAL WORLD, AND HAS THE MOST QUANTIFIABLE FUNGIBILITY ACROSS BIO-REGIONS AND ECONOMIC MARKETS IS THE MOST EFFICIENT MEANS TO HEDGING CITIZEN’S ECONOMIC WELLBEING AGAINST HYPERINFLATIONARY CHAOS. WHAT THEN SHOULD BE CONSIDERED TO BE THE MOST HUMANE AND ECONOMICALLY SOUND, ENVIRONMENTALLY ETHICAL, AND MOST UNIVERSALLY FUNGIBLE COMMODITY ACROSS ALL HUMAN SOCIETIES, AND NOT JUST 50 STATES OF A WESTERN CIVILIZATION?
ANSWER
THE TERMS ABOVE ARE AVAILABLE FOR UNDERSTANDING WHY NEW FORMS OF CURRENCY, CREATED AND MANAGED ONGOING BY THE CITIZENRY, THAT USE CANNABIS DERIVATIVES (AND TECHNOLOGIES) AS FUNGIBLE REAL WORLD COMMODITY TO BACK CRYPTOCURRENCY THROUGH BLOCKCHAIN PLATFORMS THAT VALUE, ANONYMITY, INDIVIDUAL PRIVACY, AND DE-CENTRALIZATION AS WELL AS GAIA-THERAPUTIC RESTORATIVE AGRICULTURAL PRACTICES THAT RESPECT FUNDAMENTAL PRINCIPALS OF NON-AGGRESSION AGAINST GAIA AS AN ENTITY, PLANT KINGDOM, MINERAL KINGDOM, ANIMAL KINGDOM, THE SOIL/TERRA, THE ATMOSPHERE/LUNGS, AND THE GREAT FAMILY OF OCEANS THAT MAKE UP THE VAST MAJORITY OF EARTH SURFACE. THE INHERENT VALUE IN UTILIZING PHYSICAL COMMODITY FROM CANNABIS DERIVATIVES AND THEIR TECHNOLOGY AGGREGATES, IS THAT IT CREATES AN INFINITY LOOP OF INCENTIVE AND FEEDBACK FOR HUMANS TO IMPROVE THEIR QUALITY OF LIFE, WHILE LOWERING THE AGGREGATE ADVERSE IMPACT THAT HUMANITY HAS ON EARTH AND THE MANY NATURAL SYSTEMS THAT MAKE UP GAIA AND THE EARTHLY DRAMA. THE INHERENT VALUE IN CREATING CITIZEN-MANAGED CURRENCIES, THAT BASE THEMSELVES ON A VARIETY OF BOTH INDIVIDUAL “BIO-PARTICULARS” AS WELL AS CLUSTERS OR ASSEMBLAGES TO MAKE AN AGGREGATE IS IN THE HONEST APPRAISAL THAT EACH UNIT OR GROUPING HAS FUNGIBILITY ACROSS MANY HUMAN BIO-REGIONS/CULTURES/ECONOMIES/GEO-REGIONS. THIS COEFFICIENT OF FUNGIBILITY WILL ALLOW HUMANS TO DEDUCE WHAT CURRENCIES TO PARTICIPATE IN AND WHICH TO LET DIE. THE HUMAN REALIZATION THAT PARTICIPATION IN A TYPE OF COMMERCE IS A FORM OF ENDORSEMENT AND THE MOST BASIC FORM OF ENDORSEMENT IS THROUGH THE USE OF CURRENCY, OR THE AGREEMENT OF HOW A COMMODITY RELATES TO A CURRENCY AND GAINS IT’S REAL WORLD VALUE (OR IF IT DOESN’T REQUIRE A COMMODITY AT ALL TO GAIN REAL WORLD VALUE - AKA FIAT) WHEN ENGAGED IN COMMERCE, TO SAY, PARTICIPATING, WILL BE THE BIGGEST SHIFT IN CONSCIOUSNESS THE HUMAN RACE HAS SEEN SINCE THE RENAISSANCE.
THE NEW AEON FOR HUMANS IS DEFINED BY THE REALIZATION THAT NATURE HAS LITERALLY ALL OF THE SOLUTIONS FOR US, AND OUR SENSE OF SELF IS WHAT IS NEEDED TO BE CORRECTED SO THAT WE CAN SEE THE TOOLS AROUND US AND APPLY THE ABUNDANT SOLUTIONS TO OUR EVER CHANGING WORLD OF CHALLENGES. PART OF THE CORRECTION OF SELF IDENTITY IS WITHIN OUR RELATIONSHIP TO THE EARTH AND OUR MOTHER ARCHETYPE. WHEN THIS IS INTEGRATED, THE SON ARCHTYPE CAN HONOR THE DAUGHTER AND THE GENERATIVE POTENTIAL OF THE FATHER SPIRIT CAN FINALLY BE HARNESSED BY THE HUMAN RACE. AT CURRENT, OUR DAUGHTER ARCHTYPE IS HIGHLY DISTORTED AND CREATES A TREMENDOUSLY TRAUMATIZING RELATIONSHIP WITH THE SON, WHO IN TURN, CONTINUES THE PATRIARCHAL DOMINANCE THAT IS COMMON THROUGHOUT HUMAN CURRENT HISTORY. THIS ANALOGY ABOVE IMPLIES THAT THROUGHOUT THE WORLD, THE HUMAN RACE IS A SEA OF PEOPLE WHO LIVE THEIR WHOLE LIVES WITH VERY LOW LEVELS OF SELF AWARENESS AND DUE TO THE DISTORTION OF ENERGETIC ARCHETYPES WITHIN HUMANS, HUMANS PERPETUATE THEIR TRAMATIC RELATIONSHIPS WITH EACH OTHER, WHICH IN TURN PERPETUATES THE TRAUMA THAT LIMITS THE DEVELOPMENT OF SELF AWARENESS AND DISENFRANCHISES THE “INNER CHILD” FROM THE HUMAN’S CONSCIOUSNESS. THIS IS AN INFINITY LOOP THAT IS DESIGNATED BY THE PATRIARCHAL SYMBOL OF “THE BEAST” AND NUMERICAL GEOMATRIA 666. I WILL EXPAND ON THIS CONCEPT FURTHER, BUT FOR NOW, IT SUFFICES TO SAY THAT THE DISTORTION “FEEDS ITSELF” AND THE INABILITY FOR HUMANS TO SEE THEIR PARTICIPATION IN SELF SABOTAGING RELATIONSHIPS PERPETUATES THE STATUS QUO OF ENTROPY AND HUMAN SUFFERING. THIS DISTORTION OF FEMININE ENERGY WITHIN HUMANS IS DESCRIBED IN GNOSTIC TEXTS AS “THE SCARLET WOMAN” OR “THE MANY HEADED WHORE” OR “THE WHORE OF BABYLON”. IN THE CONTEMPORARY AGE, THE DISTORTION IS REFERRED TO AS SIMPLY “BABYLON”. THE MANIFESTATION OF THIS DISTORTION OVER THE MULTIGENERATION AGGREGATE OF THE DISTORTION IS CHURCHES, GOVERNMENTS, BANKS, AND THEIR OFFSPRING: CORPORATIONS. THE HUMANS WHO ARE AT THE TOP ECHELONS OF THE CABAL THAT ALCHEMIZES ALL OF THE ACTIVITIES WITHIN THE INDIVIDUAL INSTITUTIONS LISTED ABOVE, AND THE HUMANS WHO ARE AT THE THE TOP OF THE INDIVIDUAL INSTITUTIONS LISTED ABOVE ARE COGNIZANT OF THE DISTORTED ENERGY WITHIN HUMANS AND THE ROLE THEIR INSTITUTIONS PLAY IN PROFITING FROM THE RESULT OF PEOPLE BEING EASILY MANIPULATED INTO APPEASING BASE EMOTIONS (MATERIALISM, IDENTITY CONSUMERISM) AND FORMING CO-DEPENDENT RELATIONSHIPS THAT PROLONG THEIR SUFFERING AND TRAUMATIZE THE OFFSPRING CREATING CO-DEPENDENCY FROM BIRTH - TO GRAVE. THE MOST SEVERE FORM OF THIS MANIPULATION IS WITH REGARDS TO ENERGY, AND THAT OF IDENITY POLITICS. HUMANS ARE LITERALLY MANIPULATED INTO IDENTITIES DERIVED FROM SCARCITY THAT CONDONE SEVERE ACTS OF TRAUMA SUCH AS WAR, SEXUAL ABUSE, AND FULL SCALE GENOCIDE.
THE NEW AEON WILL BE DEFINED BY HUMANS RIGHTING THEIR RELATIONSHIP WITH THEMSELVES SO THAT THEY CAN BE FORTHRIGHT WITH THEIR FELLOW HUMAN. THIS CHANGE IN HUMAN INTERACTION WILL REQUIRE NEW FORMS OF EXCHANGE THAT REPRESENT THE NEED FOR RESPECT FOR THE EARTH AND OUR SUSTAINED IMPACT ON IT. THE NEW FORMS OF EXCHANGE WILL BE INHERENTLY ETHICAL, AS THEY WILL NEED TO REPRESENT THE INNER RELATIONSHIP HUMANS HAVE WITH THEMSELVES, AND THAT OF GAIA, THE ENERGETIC AGGREGATE OF THE EARTH’S VARIOUS LIVING SYSTEMS. THIS WILL LIKELY START WITH HUMANS SEEING THEMSELVES AS MORE THAN MERELY TWO LEGGED WRECKING BALLS THAT GET BORN, LIVE A WHILE, AND A DIE. THIS EXTENSION OF SELF WILL BEGIN A WHOLE RENEGOTIATION WITH THE EARTH, AND EACH OTHER. THE RESULT IS THAT WE WILL WANT SOCIAL SYSTEMS THAT REFLECT OUR NEW VALUE SYSTEM, THAT REFLECT OUR EVOLVED UNDERSTANDING OF SELF, AND THE NEW RELATIONSHIP WITH EACH OTHER THAT WILL RESULT FROM THIS NEW EXTENDED UNDERSTANDING OF SELF. THE NEW ETHICAL SOCIAL SYSTEMS WILL BE SUPPORTED BY OUR EVOLVED UNDERSTANDING OF CAUSE AND EFFECT AS WELL AS SCARCITY AND ABUNDANCE. FROM EARLIER, WE KNOW THAT THE LIFEBLOOD OF ALL SOCIETIES ARE THEIR CURRENCIES AND THAT INSTITUTIONS WORK WITHIN THE HUMAN DISTORTION TO VAMPIRACLY BLEED OUT HUMANS OF THEIR LIFE AND WEALTH, AND ESPECIALLY THE ONE MAJOR RESOURCE THAT IS JOKINGLY CALLED “BABYLONS ONLY CURRENCY” TIME. TIME IS WHAT WE GIVE TO THESE INSTITUTIONS THROUGH VARIOUS FORMS OF ACTIVITY. TAXES, ALMS, DONATIONS, FEES, REGISTRATIONS, RENEWALS, PENALTIES, BONDS, SURCHARGES, FINES, AND TILTH ALL ARE DIRECT FORMS OF “GIVINGS” THAT MOST PEOPLE CAN RECOGNIZE. THESE GIVINGS WILL BE RECOGNIZED AS “CODEPENDENT”. MORE IMPORTANTLY THOUGH, HUMANS WILL RECOGNIZE THE INSIDIOUS CODEPENDENCY WITHIN USURY, AS WELL AS THE BRUTALISTIC VAMPIRIC NATURE OF FRACTIONAL RESERVE BANKING, FIAT CURRENCY, AND DEVALUATION THROUGH CURRENCY MANIPULATION THROUGH INFLATIONARY “CREATING MONEY AND WEALTH FROM NOTHING”. ANY TIME THAT CURRENCY IS CREATED FROM NOTHING, IT DEVALUES THE CURRENCY ALREADY IN CIRCULATION, AND THIS UNDERSTANDING WILL ALLOW HUMANS TO DISENTANGLE THEMSELVES FROM INSTITUTIONS INVOLVED IN THIS USURIOUS AND VAMPIRIC ACTIVITY. FURTHERMORE, AS THE THOMAS JEFFERSON QUOTE ELUDES IN THE BEGINNING OF THIS PAMPHLET, HUMANS WILL EVOLVE THEIR UNDERSTANDING OF THE ROLE OF PRIVATE BANKS AND GIVING OVER THE ROLE OF ISSUEING “LEGAL TENDER” TO THAT OF PRIVATE INSTITUTIONS IN AN ERA OF HUMAN CO-DEPENDENCE AND EMOTIONAL MANIPULATION BY THEIR SOCIAL INSTITUTIONS. THIS ROLE OF “LEGAL TENDER” WILL FINALLY BE REALIZED TO BE IN THE DOMAIN OF THE CITIZEN AND THAT PEOPLE WHO HAVE RIGHTED THEIR RELATIONSHIP WITH THEMSELVES, WILL WANT TO FORMULATE INSTITUTIONS THAT REPRESENT THE INHERENT AND INFINITE CALL TO INCREASED NOVELTY AND COMPLEXITY BY THE UNIVERSE THAT WE WILL SEE IN OURSELVES.
PART THREE, FoUR, FiVE CoMiNG iN WiNTER 2017, STAY TUNED AT: HTTP://FACEBOOK.COM/710PEASANTPUBLISHING
AS WELL AS
HTTP://CANNACLATCH.WORDPRESS.COM HTTP://CANNACLATCH.INFO HTTP://CCPFGLOBAL.WORDPRESS.COM HTTP://FACEBOOK.COM/CANNACLATCH HTTP://INSTAGRAM.COM/CANNACLATCH
PROMOTIONAL CONSIDERATION OFFERED ON THIS PAGE, PLEASE COMFORTABLY AND SAFELY ABIDE:
- PREVAILING PLANT CONSULTING - CANNABIS CITIZEN PUBLIC FORUM - CANNA CLATCH WOULD YOU LIKE TO BE FEATURED IN THE NEWSLETTER? WOULD YOU LIKE TO HAVE YOUR COMPANY’S LAUNCH OR ANNOUNCEMENT MADE ON THE CANNABIS CITIZEN PUBLIC FORUM? WOULD YOU LIKE CCPF TO MANAGE YOUR INTERNAL CANNABIS COMPANY MEETINGS? WOULD YOU LIKE CCPF TO ACT AS MODERATOR AND DIPLOMATIC ATTACHE FOR SOLVING BUSINESS DEAL HURDLES? WOULD YOU LIKE CCPF TO HELP YOU PRESENT MATERIAL WITH RECORDING AND SCREEN SHARING SO THAT YOU MAY USE IT FOR MARKETING, PUBLICITY, OR TRAINING? IS THERE SOMETHING ABOUT CANNABIS YOU FEEL OUTSPOKEN ABOUT AND WOULD LIKE TO PRESENT IT ON THE PUBLIC FORUM? WOULD YOU LIKE CCPF TO ATTEND YOUR CANNABIS EVENT AND LIVESTREAM THROUGH THE ZOOM CLOUD WEBINAR PLATFORM TO YOUR FACEBOOK PAGE, GROUP, FEED, OR YOUTUBE CHANNEL? WOULD YOU LIKE TO PRESENT YOUR CANNABIS RESUME DURING A RECORDING SO THAT YOU MAY USE THE UPLOAD TO SOLICIT POTENTIAL EMPLOYERS OR BUSINESS PARTNERS? WOULD YOU LIKE TO PRESENT SOME CANNABIS RESEARCH THAT YOU HAVE BEEN WORKING ON AND REQUIRE HARD DOCUMENT SCANNING AND DIGITIZATION? WOULD YOU LIKE TO ASK QUESTIONS FOR EXPERTS TO ANSWER FROM THE NETWORK OF ALTRUISTIC STRAINHUNTERS WHO ARE PRACTICING WIDEBAND CAREGIVING AROUND THE WORLD WITH THEIR KNOWLEDGE AND CANNABIS EXPERIENCE?
EMAIL CANNACLATCH@GMAIL.COM
PROMOTIONAL CONSIDERATION OFFERED ON THIS PAGE, PLEASE COMFORTABLY AND SAFELY ABIDE:
CCPF IS ARCHIVED ON
CHECK IT OUT
INTERVIEWS ALBUM
PUBLIC FORUMS
PROMOTIONAL CONSIDERATION OFFERED ON THIS PAGE, PLEASE COMFORTABLY AND SAFELY ABIDE:
CANNACLATCH@GMAIL.COM HTTPS://CANNACLATCH.INFO LIVESTREAMED TO FACEBOOK EVERY MON-WED-FRI 7-9AM PST LIKE OUR PAGE TO GET ALERTS
CANNA CLATCH DOT INFO
PRINTING PRESS
WEBinar
PART THREE, FoUR, FiVE CoMiNG iN WiNTER 2017, STAY TUNED AT: HTTP://FACEBOOK.COM/710PEASANTPUBLISHING
AS WELL AS
HTTP://CANNACLATCH.WORDPRESS.COM HTTP://CANNACLATCH.INFO HTTP://CCPFGLOBAL.WORDPRESS.COM HTTP://FACEBOOK.COM/CANNACLATCH HTTP://INSTAGRAM.COM/CANNACLATCH
THE END