
My first introduction to crypto-currency was in 2009. I bought Bitcoin for $30.00, now it's valued at $9,275.
I sold all Bitcoin in 2012 because I wanted no part of its agenda. Some believe I am insane for having such a contrarian perspective, yet I believe that committing any energy to any venture no matter what must add value, and alternatively, if it has potential to harm, my Karma realization will not permit me to offer any of my soul energy. I have deep foresight and gifts of discernment, and this Bitcoin dilemma exemplifies this concept now shared as your thoughtful warning.
For background, blockchain is the distributed encrypted ledger protocol for what was supposed to free Man from central banking cartels. It was an independent financial trade model whereby a digital asset is traded; like a digital currency unit exchanged from one digital wallet to another without banks or intermediaries. Mindful that the US Dollar is 97% digital. Goals for next era of banking will be restriction-free, extraction-free, border-less, private, and secure; at least that is what we are told, and that is what inspires the thousands of visionary blockchain entrepreneurs who dedicate themselves to freeing Man from financial slavery. Little did they know, they were used.
My team are aware ex-DARPA polymath engineers with high-resolution discernment about evil agendas with deep technology domain knowledge. Technology is benign, used for the public good or evil, but in the case of blockchain it was designed by and for evil from its origin, now on path for mass-adoption.
In 2012, my team decided to take on the hardest problem causing the greatest scarcity of modern economy weaponized against Mankind – central banking. We succeeded in creating a lawful technology solution to make USC Title 26 irrelevant and solve the problems Blockchain intending to solve but never did. Applicable for both private and public sectors. But this is not the purpose of this communication.
Let's fast forward to today. Bitcoin is still promoted as the next-generation financial solution making various specious claims to gain confidence and user acceptance. The old system is dying, it's antiquated and severely compromised. Think of it like Swiss cheese with holes created by malfeasance and filled by insurance. Blockchain's core adoption model is seduction by ever-increasing price, which is manufactured by those concentrating wealth.
There are many problems with Bitcoin and crypto-currencies, but the main issue is the encryption. SHA-256 was chosen because it's a light-weight encryption for distributing the ledger, but it's an analog not digital encryption. Processing the data truncated into the processor at 32 characters at a time means there is rounding and therefore no irrational numbers. Irrational numbers are required to assure the theoretical math proof for securing the data. The encryption is therefore weak and easily broken for those who understand cryptography. Did you know that every year hundreds of millions in value is lost or stolen; last year experienced $1.1 billion stolen, yet this news is suppressed. Why?
Why would investors, banks, and central banks back such a weak solution? Because, it's another Hegelian Dialectic whereas the problem is presented at great harm to The People, then they provide the solution. If you centralize the blockchain, they control redress, account for every transaction, and know everything about the user. That is fine, if the centralized entity is benevolent. Centralizing blockchain defeats its origin and adoption purpose. Again, they need organic adoption and the markets have fallen into the trap once again.
There is a race behind the scenes that include central banks, transnational corporations like Visa and Google, and over 40 nation-states preparing a global shift from the existing banking system to the new digital exchange solution, designed to promote continuance of central banking in a new yet obfuscated form. This new way of banking and trade creates an immovable barrier to liberty, and if accepted, those liberties will be lost forever. Not to be taken lightly.
In 2015, my team cemented a core draft of the solution and finalized the proof of concept, yet no venture capitalist nor private investor will discover its value for high-yield ROI. Imagine the strings attached to actual money and psychology of money that prevent discovery of my solution. It's been a fascinating journey to understand pervasive cognitive dissonance and it has become my soul journey to help others understand discernment before it's too late.
Even though I could have made a fortune many times over on crypto-currency, I refuse to accept the Karma reality for harming my brethren. My basic philosophy is this: do no harm, in action or inaction.
All are welcome to investigate our solution at www.abundance.foundation
Questions are welcome.
Lenny, Thank you for your contribution to solving this on-going currency issue. I can't imagine the massive undertaking this is. I have visited abundance.foundation, but I do not see where anything is available. Am I missing it? Until such a time that it is available, is crypto worse than the dollar which is printed endlessly devaluing our current holdings without our control or permission? At least, with crytpo, it is mined so there is an investment or effort applied to obtain additional funds (in other words, I'm ok with people making money when they invest their time or resources unlike the non-stop printing press). I am sure there are other components I am not grasping, but I feel there are no altruistic options (I did purchase some gold and I know they ripped me off!). And, as you stated, it's basically all digital anyways. With gold and silver on the rise and at such high premium levels, what is one to do in this current moment? I am not saying crypto is good or bad, but I know it started as bad (as do many new ideas), but can't we turn it good? As in, use the technology but remove the corruption. Similar to the internet/phones, it tracks us but also now tracks them so it's a double edge. What would be the solution to the internet if not block chain? Technology has always been an area I struggle to grasp - it's just not natural to me! Thanks for the insight!
Good questions presented hearta79. i/we need good karma no matter. thanks
So what is one to do? In essence, what you are saying is we are all bankrupt now Irregardless of ’money’ or ‘no money’ in the ‘bank’?
I have been buying up Cloudcoin. I think its the next big thing and has global infrastructure in place. No blockchain no encrytion totally private. Even bitcoin can be traced by NSA. cloudcoin is more like real money, can be integrated into photo files, text files and videos or even printed.
https://cloudcoinconsortium.com/
Yeah block chain is already obsolete as it can never handle all the transactions. its already to big to fit in one pc and takes forever to download and a long time to do transactions. Takes as much power as a small country to implement. cloudcoin is much more efficient on all counts.
What do suggest for Gold/ Silver investments?