XRP will be the Dominant Monetary Asset of the World

JcollinsEconomics, Premium POM

The XRP interledger will connect all other ledgers, whether fiat or crypto. The interledger will be truly decentralized and not controlled by any one nation, bank, or institution, including Ripple themselves. It is something all nations can agree upon and use, as XRP transactions take 3 seconds and cost fractions of a cent. Compare to SWIFT which is expensive and takes 5 days.

Central banks will likely begin this year diversifying their foreign exchange reserve accounts with the top crypto assets. The rush for regulation is creating volatility in the first phase of the crypto market, but will allow for massive institutional money to enter during the next phase. Nothing in its digital version has failed. This will be the same with money. Fiat currencies will be replaced over time with their crypto versions.

Somewhere Along North Shore Road

JcollinsEsoteric, Premium POM

Somewhere along North Shore Road I became lost.

The infant came forth from the womb and began the long and perilous pilgrimage upon North Shore Road. Trailing behind was the umbilical cord - the exoteric manifestation of the esoteric connection which would remain throughout the journey. This connection represents the bundled cords of the emotional body, mental body, and physical body.

War in the Time of Trillionaires

JcollinsCultural, Economics, Geopolitical, Premium POM

Baby Bone Soup and Clean Underwear

By JC Collins

For Pieter….

The world is maybe a year away from having its first trillionaire. Such wealth accumulation will come from blockchain enterprises, or the forthcoming sudden explosion of artificial intelligence mixed with robotics and organic printing. Sudden because few are considering the speed in which technologies will come together and give shape to the future.

We all know about blockchain, robotics, quantum computers, artificial intelligence, 3D printers, both organic and non-organic, and the impact which each of these could potentially have on human existence. But imagine all of those technologies consolidating and creating whole new industries and economic opportunities.

Where would the average humans even begin to understand the complex evolution of the world around them?

These Coins Will Not Survive Regulation

JcollinsEconomics, Premium POM

The Napster Hours of a Pre-Regulated Crypto World

By JC Collins

The Financial Stability Board (FSB) just released a statement on the eve of the G20 meetings in Argentina. FSB Chair Mark Carney stated that the “FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time.”

The FSB coordinates financial regulation for the G20 member states and has been intimately involved in re-engineering the architecture of the international monetary framework over the past decade. This re-engineering is for the purpose of shifting the global system from the existing unipolar USD framework to a multilateral framework.

Statements from the FSB are purposeful and strategic. This one is no different. Carney is careful to point out that this is an “initial assessment” and that no risks are posed “at this time”.

These are two important parts of this seemingly simple statement, which leave the door open for further discussion and evaluation. It reminds me of the fading years and months of the music download bonanza that incrementally crumbled under the weight of iTunes and other music purchasing applications.

Two Monetary Worlds Are Crashing Together

JcollinsEconomics, Geopolitical, Premium POM

Renminbi, Dong, SDR, USD, and the Flood of Central Bank Money onto the Blockchain

Two monetary worlds are crashing together.

The old fiat currency world which is structured around exchange rates and foreign exchange reserve accounts is being shattered by the new world of blockchain assets. The history of socioeconomics has proven that the less advanced cultures and economies are fragmented and absorbed into the more advanced systems which are expand under the exciting momentum of ingenuity and endless opportunity.

The beginning of 2018 has become a sort of holding area, or panic induced quicksand, for most of the cryptocurrencies. The value explosion that started in the second half of 2017, and continued at the beginning of 2018, has substantially reversed. Values are fluctuating within a wide band which varies by asset.

A Longer Bull Market, XRP Freeing Liquidity, and the Future of the SDR

JcollinsEconomics, Premium POM

Sometimes the process of answering the great questions of you readers provides the best opportunity to share information.  RJZ33 asked some very pointed and well phrased questions which prompted two very pointed and informative responses from me.  Both questions from RJZ33 were around the future role of SDR in a growing crypto environment, and how the Ripple XRP crypto asset could function in a larger international role and free up trillions in global liquidity.  This massive amount of liquidity could be just the thing to stave off a financial downward cycle and drive bull markets for decades.  So for those of you who may have been wondering where the SDR went, or what my take on the future of the crypto markets may be, below is the exchange between myself and RJZ33.

No More False Flag Funding

JcollinsEconomics, Geopolitical, Premium POM

Think of it. Since the coup in Saudi Arabia, and the confiscation of hundreds of billions, funding has been cut off to North Korea, the Democratic National Congress is going broke, and numerous CIA black ops field offices have been abandoned and the human assets left to fend for themselves, as Russia, Syria, Turkey, and others, move into to mop up the mess left behind. It’s only a matter of time before economic propaganda organs, such as CNN, fully go broke and collapse inwards.

A New American Moment

JcollinsCultural, Economics, Premium POM

Throughout 2017 Chinese holdings of US Treasury bonds did decrease and had an uptick again near the end of the year. Alignment and timing aside, the process of reducing USD foreign exchange reserves while increasing the interest rate and incrementally depreciating the dollar agains the renminbi, yen, euro, and pound, will only continue to bring jobs back to America. Tariffs that may be measured against China by Trump will only provide the monetary authorities in Beijing with the pretext to reduce US bonds even further. It all plays out as planned.

Gloomy Times Ahead for Fiat Currency

JcollinsEconomics, Geopolitical, Premium POM

The Slow Extinction of National Money and Fractional Banking

The old elites are facing a two-front war.

It’s strange that I still hate getting electronic bills on email. There’s something comforting about pilling up a stack of paper bills stuffed in envelopes. Once paid they make there way to another pile of paperwork which accumulates in a drawer, or file folder somewhere, never to be looked at again. There’s something about these paper bills that just make me feel like a part of the real world.

Ripple and the Central Bank Summit

JcollinsEconomics, Premium POM

Replacing USD Denominated SWIFT with the XRP World Digital Asset

Numbers and letters. Letters and numbers. The combinations can be both exciting and intimidating. As an example, the H3N2 influenza virus is making the rounds throughout the West, and I may, or may not, have it. Definitely feels like it. Outside of letter and number combinations, that has absolutely nothing to do with this article.

Researching the blockchain technology and the deep field of cryptocurrencies which are now available across numerous exchanges has been a fascinating endeavour. It doesn’t take long to understand that Bitcoin is now so outdated that it must only be running on momentum. But Bitcoin is serving the purpose of drawing large numbers of people into the world of blockchain and the wonders of tomorrow.