The Constant Evolution of Spiritual Expression JC Collins As a teenager, I had two great friends. Not just good friends, or friends, but great friends; the kind of friends who would have an impact on the rest of my life. These friends knew everything about me, and I about them. … Read More
“Some other power, some third class of individuals aside from the leaders and the scholars must exist, and this third class must have the task of thwarting mistakes, and nipping the causes of potential disturbances in the bud. There must be a body of men whose task it is to throw out the rotten apples as soon as the first spots of decay appear. A body of this nature must exist undercover. It must either be a power unto itself or be given the broadest discretionary powers by the highest authorities.”
From a 1945 report titled The World after the War: OSS-SOE, The Invisible Empire authored by the Harvard anthropologist Carleton S. Coon for OSS Chief William Donovan.
Trump Geopolitics and a Persian Revolution
It has to be one of the greatest turnabouts in all of human history. Just a few months ago a war between America and North Korea seemed all but unavoidable. Both Donald Trump and Kim Jong-un were hurling threats back and forth as the Western liberal media when hysterical with accusations that Trump was going to start a nuclear war.
If there is any one thing which supports the conclusion that North Korea, and in particular Kim Jong-un, were assets of the Anglo-American Establishment it’s that the media corporations, career politicians, and academic institutions controlled by them did everything they could to prevent President Trump from building an environment of peace between the two Koreas.
New American-Sino Monetary and Geopolitical Relations
The empty streets, homes, and commercial spaces of China’s ghost cities are starting to come alive. The vast building of empty cities by Chinese civil and cultural planners over an almost two decade span was considered by most in the West to be an example of overbuilding in a closed economy, an economy which was decades away from functional levels of maturation. Few considered the possibility that China was engineering one of the greatest socioeconomic plans in human history.
Long-term POM readers will remember that this was one of the core themes in the early years of the site. China’s rural population has always been a problematic issue for the policymakers in Beijing. Throughout its history Chinese farmers have repeatedly overthrown their Sino rulers through violent revolution. The benefits of a massive lower class which supports the alternative need for a viable and content middle class.
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 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.
Baby Bone Soup and Clean Underwear
By JC Collins
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?
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.
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.
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.