Bitcoin: Top economist warns Bitcoin bubble will 'BURST ...

The Economist article: What if the bitcoin bubble bursts?

The Economist article: What if the bitcoin bubble bursts? submitted by ThePortuguesePT to CryptoCurrency [link] [comments]

Harvard Economist Explains Why the Bitcoin Bubble Was Doomed to Burst - Observer

Harvard Economist Explains Why the Bitcoin Bubble Was Doomed to Burst - Observer submitted by ulros to fbitcoin [link] [comments]

Harvard Economist Explains Why the Bitcoin Bubble Was Doomed to Burst

Harvard Economist Explains Why the Bitcoin Bubble Was Doomed to Burst submitted by Aenanimus to NewsWhatever [link] [comments]

[Sentiments] The Economist article: What if the bitcoin bubble bursts?

Here: http://www.economist.com/news/leaders/21722841-latest-frenzy-tulipmania-gold-rush-or-dotcom-boom-what-if-bitcoin-bubble
Been seeing lots of articles about crypto in "mainstream" media that institutional investors read, like The Economist. Seriously thinking if this will propel this bubble to much higher heights due to FOMO from the big pockets guys
submitted by ThePortuguesePT to CryptoMarkets [link] [comments]

Economist: What if the bitcoin bubble bursts?

Economist: What if the bitcoin bubble bursts? submitted by totlium to Bitcoin [link] [comments]

Economist Robert Shiller Says Bitcoin Bubble May Never Burst

Economist Robert Shiller Says Bitcoin Bubble May Never Burst submitted by atdavies to Cryptalk [link] [comments]

Economist Robert Shiller Says Bitcoin Bubble May Never Burst | NewsBTC

Economist Robert Shiller Says Bitcoin Bubble May Never Burst | NewsBTC submitted by ICOnow to ICOnow [link] [comments]

Economist: What if the bitcoin bubble bursts?

Economist: What if the bitcoin bubble bursts? submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin speculative bubble is bursting and has a long way to fall, economists warn

Bitcoin speculative bubble is bursting and has a long way to fall, economists warn submitted by f00000000 to CryptocurrencySA [link] [comments]

[Tech] - Bitcoin speculative bubble is bursting and has a long way to fall, economists warn

[Tech] - Bitcoin speculative bubble is bursting and has a long way to fall, economists warn submitted by AutoNewsAdmin to GUARDIANauto [link] [comments]

[Tech] - Bitcoin speculative bubble is bursting and has a long way to fall, economists warn | Guardian

[Tech] - Bitcoin speculative bubble is bursting and has a long way to fall, economists warn | Guardian submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

Bitcoin mentioned around Reddit: Bitcoin speculative bubble is bursting and has a long way to fall, economists warn /r/thenewsrightnow

Bitcoin mentioned around Reddit: Bitcoin speculative bubble is bursting and has a long way to fall, economists warn /thenewsrightnow submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin speculative bubble is bursting and has a long way to fall, economists warn

Bitcoin speculative bubble is bursting and has a long way to fall, economists warn submitted by personaontherun to thenewsrightnow [link] [comments]

Bitcoin speculative bubble is bursting and has a long way to fall, economists warn.

The Guardian: Bitcoin speculative bubble is bursting and has a long way to fall, economists warn. http://google.com/newsstand/s/CBIw1IfBuzc
submitted by chulalongkorn to PontBursier [link] [comments]

Are there any economists who are bullish on bitcoin?

All the really famous ones seem to think not too highly of it.
submitted by BeerMoneyDood to Bitcoin [link] [comments]

What is bad about bitcoin?

What is bad about bitcoin?

https://preview.redd.it/efwk0tmidmw31.png?width=2560&format=png&auto=webp&s=7952d767bc7054084216de931c2c2ecf7d2c564e
In recent days, bitcoin is almost the most popular topic. In just a few hours, its value could rise by a thousand dollars, or it could fall. Cryptocurrency, which once cost about a cent, is now bought for 10 thousand dollars, and the interest in it is huge. Now I will try to explain why Bitcoin is not an ideal solution to human problems.

Bitcoin is not regulated by any state. It's good. But bad, too

Who has the right to print money-the state or independent structures? Now, without exception, all countries believe that the state: it collects taxes, and prints the currency in which these taxes are collected. As soon as we break this chain, there are opportunities for all kinds of abuses-and for tax evasion, and for the financing of terrorism, and for the laundering of money obtained through criminal means.
https://preview.redd.it/i1624668hmw31.png?width=1366&format=png&auto=webp&s=c0969d60d97fa6e6fcbac052676074051ccaa571
"Bitcoin shows how great is the need for ways to launder funds," says Larry Fink, head of the management company BlackRock Financial Management, and most bankers and officials around the world agree with him.
The lack of a regulator is a good advertising sign, but it's actually a bit of guile. Control of the cryptocurrency is distributed among Chinese manners, who own most of the computing power, software developers and exchange platforms. And they can not agree on a single development of bitcoin.

Bitcoin for many is a replacement for roulette

Or, in financial parlance, it's a great asset to speculate on. Buying bitcoins is relatively simple, does not require any special knowledge and trips to investment companies. The cryptocurrency has very sharp fluctuations, which attracts a lot of "gamblers" — those who bet rather than invest-to "play" with the rate. This only increases the fluctuations and makes Bitcoin look like a pyramid scheme.
https://preview.redd.it/fuytmxwtdmw31.png?width=1498&format=png&auto=webp&s=aa2c9430c0eb88da4cf661edf4be23fa8ff67d8e

Bitcoin is very similar to the "bubble"

At the time of the famous pyramid MMM critics warned: no asset in the world can not provide a yield of hundreds of percent per year. Bitcoin for the year has risen in price by 15 times, and it is increasingly compared to the "dotcom bubble" that burst in the early 2000s. then investors overestimated the economy associated with the Internet, not fully understanding its capabilities and device. There is a feeling that investors in bitcoin also do not understand how it works or what it can be used for.
https://preview.redd.it/zffhiq1bgmw31.png?width=1000&format=png&auto=webp&s=d94337f21d4f0007f3c9e81d6f2b869f9bb05258

Miners spend a huge amount of energy

Mining is required to create new coins and make transactions. Bitcoin uses a scheme for this process, which involves carrying out a huge number of calculations and turns into a waste of a large amount of energy. With the rising cost of cryptocurrency mining new bitcoins is becoming more profitable. Therefore, miners are increasing the capacity of their systems, and more and more energy is consumed. Now so much energy is spent on maintaining the work of bitcoin that it would be enough for some countries. Soon, according to this indicator, the cryptocurrency will overtake the energy consumption of Serbia, Denmark, and then Belarus.
In other words, for the system to function, we need to burn a huge amount of oil, gas and other raw materials. Is it worth it?

Bitcoin does not perform socially useful functions

This argument is more philosophical than economic, although expressed by economists. Usually an asset is worth something because it is useful: we understand why we are willing to pay for oil, iPhones, hamburgers and so on — because all of this, roughly speaking, makes the world a better place. Bitcoin, according to economists — for example, Nobel laureate Joseph Stiglitz-does not change the world.
In response, one could argue that bitcoin and everything that happens around it is a test of the idea of cryptocurrencies for strength, which means that there is still a benefit, but is this benefit commensurate with the value of Bitcoin?

Bitcoin is an imperfect cryptocurrency

A huge number of different cryptocurrencies are trying to correct the shortcomings of bitcoin. As a result, there are already cryptocurrencies that provide:

  • an increase in the number of transactions
  • other schemes for creating blocks that do not turn into a large consumption of electricity
  • full anonymity to participants of transactions
  • concealment from observers of transaction sizes
  • the use of new promising technologies such as smart contracts
  • no restrictions on the number of new coins
submitted by AVAY11 to u/AVAY11 [link] [comments]

[Event] Bit by Boring Bit

March 29th, 2023
Tbilisi, Georgia
The official currency of Georgia is the Lari. It is roughly worth around one-third of an American dollar, and can be minted as a coin or printed on a bill worth up to 200 GEL. However, it is not the Lari that drives the conversation surrounding currency in the nation of Georgia. While it is the most commonly used and is unlikely to ever be replaced barring crisis or conquest, the currency causing the greatest commotion in the country right now is not tied to any government, not bound by any nation or central bank. And in an increasingly digital world, it may serve as one of the best investments Georgians have ever made, or it may prove to be one of the greatest follies in economic history.
Most people across the globe would not expect Georgia to have any stake in cryptocurrency, but the small Caucasus country is actually ranked second in the world for cryptocurrency mining, behind only the giant that is the Chinese economy. The driving factors of this craze, which is mostly centered around Bitcoin but includes other currencies such as Zcash, Ethereum, LiteCoin, and others, are Georgia's relative lack of regulation surrounding crypto compared to other countries, and the availability of affordable and accessible hydroelectric power. Entire buildings have been set aside to serve as data mines, and the Alazani Valley is quickly adopting crypto-mining alongside wine-making as its premier industry. From home offices to even entire political parties, the Georgian people believe that cryptocurrency may be the industry that sets their economy apart and brings their country into the future.
However, the advent of crypto also indicates a philosophical position in regards to the nations economy. Georgia hosts one of the freest markets in the world, and prides itself in the fact that it is consistently regarded as one of the easiest nations to start and perform business in. It would then follow that for many, the rise of bitcoin represents the continuation of this trend toward economic freedom, with many hopeful that the existence of international cryptocurrencies will eliminate the need for central banks and usher in a new age of capitalism. A new political party, the Girchi party, even advocates the privatization of all state assets through the issuing of a national Georgian cryptocurrency. While this view is not widely held or taken seriously in most circles, it does reflect a growing mentality in Georgia.
On the opposing side, many other economists are wary of the effect that this "digital gambling" may have on the nation, and point that data mining ultimately creates few jobs and is not sustainable, as well as offers few benefits to Georgia compared to other nations that Georgia outsources to. They believe that the "Bitcoin Bubble" is bound to burst any year now, and that while limited investment is benefit, it would behoove the country to refrain from banking too much on the success of an unregulated, untrackable online currency.
For now, the national government has decided to continue its current stance of subsidizing limited amounts of electricity for cryptocurrency mining for companies that have proven their fiscal responsibility and are able to submit proof that their operations are sustainable and beneficial for all Georgians in the long-run. While the current policy is to avoid unnecessary risks and monitor the industry to prevent the rise of scams, the state has committed itself to the belief that Georgia cannot experience the economic growth that it needs without taking a few calculated risks.
submitted by planetpike57 to Geosim [link] [comments]

The Statue of Liberty, Mystery Babylon, Freemasonry and The New Roman Empire / Fourth Reich

The Mother of Exiles and the Destruction of Babylon

I've always thought Mystery Babylon in Revelations was America. Lots of signs point to that. Inanna/Ishtar was known as the Whore of Babylon and Mother of Prostitutes because she supposedly started the practice of sacred prostitution. Inanna was the goddess of love, beauty, sex, desire, fertility, war, combat, justice, and political power.
https://en.wikipedia.org/wiki/Sacred_prostitution
Sacred prostitution, temple prostitution, cult prostitution,[1] and religious prostitution are general terms for a sexual rite consisting of sexual intercourse or other sexual activity performed in the context of religious worship, perhaps as a form of fertility rite or divine marriage (hieros gamos). Some scholars prefer the term sacred sex to sacred prostitution in cases where payment for services was not involved.
But some scholars believe that this practice never existed and has been misunderstood.
The practice of sacred prostitution has not been substantiated in any Ancient Near Eastern cultures, despite many popular descriptions of the habit.[7] Through the twentieth century, scholars generally believed that a form of sacred marriage rite or hieros gamos was staged between the king of a Sumerian city-state and the High Priestess of Inanna, the Sumerian goddess of sexual love, fertility, and warfare, but no certain evidence has survived to prove that sexual intercourse was included. Along the Tigris and Euphrates rivers there was a temple of Eanna, meaning house of heaven[8] dedicated to Inanna in the Eanna District of Uruk.This will be relevant in my next post about the source of Yahweh's narcissism but for now, I'm just using this to illustrate part of the reason I think America is Babylon.
http://4.bp.blogspot.com/-KlpGZ9JO_d4/U0P2Y-3kfEI/AAAAAAAAMJs/PEwa9mPU67w/s1600/Lady+Liberty+-+Statue+of+Liberty+-+Inanna+-+Ishtar+-+Anunnaki.jpg
https://2.bp.blogspot.com/-tSRx02UBNgI/U0P3ep3x4TI/AAAAAAAAMJ0/rtpe2JWA2ew/s1600/Roman+statue+goddess+libertas+-+staue+of+liberty.jpg
The Statue of Liberty is a representation of the Roman goddess Libertas. Which is a goddess that derived from many other goddesses: Inanna, Ishtar, Isis, Aphrodite, Venus, etc. Ultimately this goddess was transformed in a personification of America and liberty called Columbia. And just like Inanna, is it any wonder America seems to have 2 split sides to it? One side that is sexually repressed and all about virtue. And another that is obsessed with sex, violence, war
https://en.wikipedia.org/wiki/Columbia_(name)
There's also the fact that the way Babylon is described sounds a lot like America. Getting the whole world drunk on our luxuries and riches, being arrogant and being fools who know nothing. This sounds like America too.
The Sumerians worshipped Inanna as the goddess of both warfare and sexuality. Unlike other gods, whose roles were static and whose domains were limited, the stories of Inanna describe her as moving from conquest to conquest. She was portrayed as young and impetuous, constantly striving for more power than she had been allotted.
Inanna also was depicted as riding a Lion and she associated with the planet Venus.
https://i.pinimg.com/originals/fc/b2/6e/fcb26ee6c838d85f53dada348b1d9863.jpg
http://www.mesopotamiangods.com/wp-content/uploads/2014/08/3a-Anu-Inanna-1.jpg
https://goddessinspired.files.wordpress.com/2012/06/inanna-descent.jpg
Regulus is a part of the constellation Leo and considered "the heart of the lion". Considering Regulus is a very important star in Trump's birth chart apparently, and that star was known as The King in Babylon (known as the little king as well in other places), that would make Trump the King of Babylon.
In 2014, Regulus was eclipsed by an asteroid for 14 seconds right over New York.
https://www.nymetroweather.com/tag/regulus/
An asteroid will pass directly in front of Regulus, one of the brightest stars in our night sky, next Wednesday — briefly blacking out the star in what astronomers are calling a “once in a lifetime” event. Better yet, New York City falls directly within the viewing path which is literally paper-thin on the earths scale. The event is so small, and so brief, that it will only be visible over a sliver of area. And this area happens to encompass millions of people in New York City, Northeast NJ and Long Island.
https://www.space.com/25084-regulus-star-lion-constellation-leo.html
On Thursday, March 20 2014, Regulus will participate in a rare celestial event when an asteroid passes directly in front of the star, as seen from Earth. The asteroid in question is 163 Erigone. Asteroid 163 Erigone is about 45 miles (72 km) wide, but its "shadow" slanting to Earth's surface will be 67 miles (108 km) wide.
Erigone's shadow will move on a southeast-to-northwest trajectory and will extend from New York City as well as western and central Long Island to Oswego in New York State, and then continues northwest, the length of Ontario to the Hudson Bay shore of Manitoba. Those who are within the shadow path and watching at just the right moment with just their eyes will see an amazing sight: Regulus will seem to abruptly disappear as if a switch had been thrown, blotted out by the tiny invisible asteroid.
Regulus will remain invisible for up to 14 seconds (for those situated along the center of the path); an incredible, albeit very brief occurrence.
This "once in a lifetime event" eclipsing right over New York. Where the Statue of Liberty is.
Revelations 17
There I saw a woman sitting on a scarlet beast that was covered with blasphemous names and had seven heads and ten horns. 4 The woman was dressed in purple and scarlet, and was glittering with gold, precious stones and pearls. She held a golden cup in her hand, filled with abominable things and the filth of her adulteries. 5 The name written on her forehead was a mystery:
15 Then the angel said to me, “The waters you saw, where the prostitute sits, are peoples, multitudes, nations and languages. 16 The beast and the ten horns you saw will hate the prostitute. They will bring her to ruin and leave her naked; they will eat her flesh and burn her with fire. 17 For God has put it into their hearts to accomplish his purpose by agreeing to hand over to the beast their royal authority, until God’s words are fulfilled. 18 The woman you saw is the great city that rules over the kings of the earth.”
America's colors are red, white and blue. Red+Blue = Purple. Purple apparently represents royalty as well as vanity. Scarlet represents the blood of Christ and martyrs.
The woman was dressed in purple and scarlet
https://en.wikipedia.org/wiki/Purple
The color purple is also associated with royalty in Christianity, being one of the three traditional offices of Jesus Christ, i. e. king, although such a symbolism was assumed from the earlier Roman association or at least also employed by the ancient Romans.
In Europe and America, purple is the color most associated with vanity, extravagance, and individualism. Among the seven major sins, it represents vanity. It is a color which is used to attract attention
https://en.wikipedia.org/wiki/Scarlet_(color)
In the Roman Catholic Church, scarlet is the color worn by a cardinal, and is associated with the blood of Christ and the Christian martyrs, and with sacrifice.
According to this, the creator wanted the Statue of Liberty to be covered in gold.
and was glittering with gold
https://parade.com/311395/viannguyen/10-things-you-didnt-know-about-the-statue-of-liberty-she-was-almost-gold/
**8.Bartholdi planned for the statue to be covered in gold.**In order to make the statue visible after dark, Bartholdi proposed that Americans raise the money to gild her. However, given how daunting and arduous a task it had been to gather even enough money to place the statue in New York harbor, no one followed through on paying the enormous cost of covering the massive statue in gold.
Not to mention this little interesting fact that brings the 2nd Beasts actions that are spoken of to mind.
:The second beast was given power to give breath to the image of the first beast, so that the image could speak and cause all who refused to worship the image to be killed.
:**9. Thomas Edison once had plans to make the statue talk.**When Edison introduced the phonograph to the public in 1878, he told the newspapers that he was designing a “monster disc” for the interior of the Statue of Liberty that would allow the statue to deliver speeches that could be heard up to the northern part of Manhattan and across the bay. Thankfully, no one pursued that strange promise, which would have led to the odd experience of walking in New York and suddenly hearing the Statue of Liberty “talking.”
precious stones and pearls.
http://justfunfacts.com/interesting-facts-about-the-statue-of-liberty/
There are 25 windows in the crown which symbolize gemstones found on the earth and the heaven’s rays shining over the world.
https://www.theatlantic.com/technology/archive/2016/10/that-time-the-statue-of-liberty-almost-got-a-glowing-wrist-watch/504110/
The sculptor Frédéric Auguste Bartholdi designed the statue to be fully illuminated, a feature that’s suggested in its official name, “La Liberté Eclairant le Monde,” or “Liberty Enlightening the World.” (At first the Statue of Liberty doubled as a lighthouse, given its position in the New York Harbor, but that didn’t last: It was decommissioned as such in 1902.)
Originally the lighting scheme was to be red, white, and blue—with a giant searchlight trained on the statue’s face and shoulders. Officials claimed in 19th-century newspaper accounts that they would make the statue so bright as to cast a glow on the clouds of the night sky 100 miles away. The statue’s face was to be lit by a reflector so bright that newspapers described it as “4 million candle power.” Her diadem was meant to sparkle with electric light. These were lofty goals in the dawn of the electrical age, and they carried symbolism that has lost much of its potency now that electricity is taken for granted.
https://thumbs.dreamstime.com/b/torch-statue-liberty-closeup-isolated-white-background-56181619.jpg
She held a golden cup in her hand, filled with abominable things and the filth of her adulteries.
In the torch, the flames are covered in gold. Looks enough like a cup. Also, in Isaiah 14:12 (another prophecy detailing the fall of Babylon that I didn't bother copying and pasting all of here) it refers to Babylon (or it's king) as "Lucifer, son of the morning". Lucifer means "light bringer" (hence the torch and the statue's original name being Liberty Enlightening the World) or "morning star" which is another name for the planet Venus which is associated with Inanna/Ishtar.
How art thou fallen from heaven, O Lucifer, son of the morning! how art thou cut down to the ground, which didst weaken the nations!
https://twistedsifter.files.wordpress.com/2014/07/statue-of-liberty-from-above-aerial-satellite-photo.jpg
Notice how that star shape has 11 points? Seems like a strange number.
The beast and the ten horns you saw will hate the prostitute. They will bring her to ruin and leave her naked; they will eat her flesh and burn her with fire. 17 For God has put it into their hearts to accomplish his purpose by agreeing to hand over to the beast their royal authority
The 10 kings + the beast = 11.
The seven heads are seven hills on which the woman sits. They are also seven kings.
It has 7 spikes coming out of the head.
https://timedotcom.files.wordpress.com/2013/06/01_00240318.jpg?quality=85
We're a very diverse country and Lady Liberty represents us taking in people from all countries. We pretty much control the world (for now) as the 7 hills represents the 7 continents, which is literally what is said they represent. Plus she's literally sitting on an island in the water.
Then the angel said to me, “The waters you saw, where the prostitute sits, are peoples, multitudes, nations and languages.
The creator of the Statue of Liberty, Frédéric Auguste Bartholdi, was a Freemason and they placed this plaque at the base of the statue.
https://untappedcities-wpengine.netdna-ssl.com/wp-content/uploads/iyftc1oqf704bytwz45ub151.wpengine.netdna-cdn.com/wp-content/uploads/2014/11/Statue-of-Liberty-Freemason-Cornerstone-NYC.jpg
Masonic theories abound about the Statue of Liberty’s connection to the masons. Those who do ascribe to the theory cite Bartholdi’s and Eiffel’s membership in the Freemasons, that many original plans for the statue demonstrate the link and that many elements of the statue carry symbolic meaning.
In addition, the masons presided over the cornerstone laying for the Statue of Liberty, a moment commemorated in a 1984 plaque in dedication to the masons on the 100th anniversary. In 1884, the grand master William A. Brodie laid the cornerstone with grand lodge members present. Brodie is reported to have said, “Why call upon the Masonic Fraternity to lay the cornerstone of such a structure as is here to be erected? No institution has done more to promote liberty and to free men from the trammels and chains of ignorance and tyranny than has Freemasonry.”
Then there's the poem that is inside the base.
The New Colossus
Not like the brazen giant of Greek fame,With conquering limbs astride from land to land;Here at our sea-washed, sunset gates shall standA mighty woman with a torch, whose flameIs the imprisoned lightning, and her nameMOTHER OF EXILES. From her beacon-handGlows world-wide welcome; her mild eyes commandThe air-bridged harbor that twin cities frame.
"Keep, ancient lands, your storied pomp!" cries sheWith silent lips. "Give me your tired, your poor,Your huddled masses yearning to breathe free,The wretched refuse of your teeming shore.Send these, the homeless, tempest-tost to me,I lift my lamp beside the golden door!"
The Mother of exiles.

Prophecies of the Destruction of Babylon / America / New York

Jeremiah 51
45 “Come out of her, my people!Run for your lives!Run from the fierce anger of the Lord.46 Do not lose heart or be afraidwhen rumors are heard in the land;one rumor comes this year, another the next,rumors of violence in the landand of ruler against ruler.47 For the time will surely comewhen I will punish the idols of Babylon;her whole land will be disgraced
Well, we're definitely hearing of rumors of violence here in America and if there aren't rumors of ruler against ruler, we're going hear them soon.
The Bible details the destruction of Babylon a few different times. Mystery Babylon seems to be a new Babylon, different than the one in Biblical times, that gets destroyed at the end. Everything described here sounds like America and the King of Babylon being Trump. The capital being New York.
With the eclipse of Regulus in 2014 for 14 seconds right over New York. I think they might get hit with something major. Maybe a hurricane. This season is suppose to be bad and FEMA is saying they are completely unprepared. I'm sure that wasn't on purpose or anything. I think maybe a big earthquake might happen soon too in the next month. Seeing a lot of weird shit. A lot of polarity with the planets and asteroids. I think it's all connected to our polarity as the Trump Delusion continues. You seeing these reports and videos of these racist people just saying mean shit to people all over the place now for no reason? They're lashing out because they're scared their delusion bubble might burst so they're acting out. It's only going to escalate until both sides completely lose their fucking minds.
OLD TESTAMENT, ISAIAH, JERMEMIAH
https://www.biblegateway.com/passage/?search=Isaiah+13&version=NIV
https://www.biblegateway.com/passage/?search=Isaiah+14&version=NIV
https://www.biblegateway.com/passage/?search=Isaiah+21&version=NIV
https://www.biblegateway.com/passage/?search=Jeremiah+50&version=NIV
https://www.biblegateway.com/passage/?search=Jeremiah+51&version=NIV
NEW TESTAMENT, BOOK OF REVELATIONS
https://www.biblegateway.com/passage/?search=Revelation+17&version=NIV
https://www.biblegateway.com/passage/?search=Revelation+18&version=NIV
https://www.biblegateway.com/passage/?search=Revelation+19&version=NIV

The New Roman Empire / Fourth Reich & The Double Headed Eagle of Lagash

http://watchmanscry.com/?p=6230
Welcome to General Election 2016 – The Transition
The Hegelian Dialectic is the transition of things. And the Illuminati loves to use it. We have been expecting it.
We have read about it. And now it is here, in front of our faces. And many are IGNORING it.
Folks, we are witnessing Hegelian logic on display.
How we got here is an aside, but here we are. The disease is Hillary, and the medicine is Trump. For most folks, that’s all that matters. Case closed. What most citizens do not realize is that this is all a ruse. A mirage.
It is being carried by, “they.”
“They” are using the illusion, because America was stationary and stubborn.
“You can’t New World Order me!” Americans said, “…Because we know about you.”
Did the globalists go away and cry in their beer? Nope. They knew this would happen. It was expected. Butsome of the citizens heard a few radio shows that told them, “we’re gonna win.”
Hegel’s dialectic utilizes the “mirage.” And then steers the people through its house of mirrors with scary monsters. In America’s case, the monster is a short woman with a trucker’s voice named Hillary. Their task is simple. Globalism. But how do they get there?
Simple:
Scare them with the Thesis – Hillary / the Enemy of Freedom.
And offset her with the Anti-thesis – Donald the Lion-Hearted / Champion of the People.
…Next stop – the Synthesis. Ashes with a rising phoenix.
It's right there in front of us. Do you see it folks?
This is also known as
Problem > Reaction > Solution
Ultimately this is leading to:
Problem: Trump vs Deep State
Reaction: Global Disaster
Solution: One world government and one world currency
They say this is a double headed eagle, it's not. It's a double headed Phoenix. And it's the symbol of the Scottish Rite of Freemasonary.
http://uscnjpha.org/history/double-headed-eagle/
http://uscnjpha.org/wp-content/uploads/2015/11/F.png
“The Double Headed Eagle of Lagash” is the oldest Royal Crest in the World… No emblematic device of today can boast of such antiquity. Its origin has been traced to the ancient city of Lagash. It was in use a thousand years before the Exodus from Egypt and more than two thousand years before the building of “King Solomon’s Temple.”
“As time rolled on, it passed from the Sumerians to the men of Akkad, from the men of Akkad to the Hittites, from the denizens of Asia Minor to the Seljukian Sultans from whom it was brought by the Crusaders to the Emperors of the East and West, whose successors were the Hapsburgs and the Romanoffs.”
“In recent excavations, the city-emblem of Lagash was disclosed also as a lion headed eagle sinking his claws into the bodies of two lions standing back to back. This is evidently a variant of the other eagle symbol”.
“The city of Lagash is in Sumer in Southern Babylonia, between the Euphrates and the Tigris and near the modern Shatra in Iraq, Lagash had a calendar of twelve lunar months, a system of weights and measures, a banking and accounting system and was a center of art, literature, military and political power, five thousand years before Christ”.
“In 102 B.C. the Roman Consul Marius decreed that the Eagle be displayed as a symbol of Imperial Rome. Later, as a world power, Rome used the Double-Headed Eagle, one head facing the East the other facing the West, symbolizing the universality and unity of the Empire. The Emperors of the Holy Roman Empire continued its use and the symbol was adopted later in Germany during the halcyon days of conquest and imperial power”.
So far as is known, the Double-Headed Eagle was first used in Freemasonry in 1758 by a Masonic Body in Paris – the Emperors of the East and West. During a brief period the Masonic Emperors of the East and West controlled the advanced degrees then in use and became a precursor of the “Ancient Accepted Scottish Rite”.
The Latin caption under the Double-Headed Eagle – “Spes Mea in Deo Est” translated is “My Hope Is In God”.
A part of this sounds familiar
“In recent excavations, the city-emblem of Lagash was disclosed also as a lion headed eagle sinking his claws into the bodies of two lions standing back to back. This is evidently a variant of the other eagle symbol”.
https://i.pinimg.com/originals/6f/a6/cb/6fa6cb2757061c76d7aa6ea211e2868c.jpg
https://goddessinspired.files.wordpress.com/2012/06/inanna-descent.jpg
In 102 B.C. the Roman Consul Marius decreed that the Eagle be displayed as a symbol of Imperial Rome. Later, as a world power, Rome used the Double-Headed Eagle, one head facing the East the other facing the West, symbolizing the universality and unity of the Empire. The Emperors of the Holy Roman Empire continued its use and the symbol was adopted later in Germany during the halcyon days of conquest and imperial power”.
So far as is known, the Double-Headed Eagle was first used in Freemasonry in 1758 by a Masonic Body in Paris – the Emperors of the East and West. During a brief period the Masonic Emperors of the East and West controlled the advanced degrees then in use and became a precursor of the “Ancient Accepted Scottish Rite”
So it represented the universality and unity of the Empire of Rome and was later adopted by Germany during their days of conquest and imperial power. For these Freemasons, it represents two emperors, one from the east and one from the west coming together to create one empire. Hmm.. I wonder if that has any significance to today's world.
https://st2.depositphotos.com/8575830/12480/i/950/depositphotos_124801418-stock-photo-russian-two-headed-eagle-coat.jpg
https://www.rbth.com/history/327634-why-is-double-headed-eagle-a-symbol-of-russia
The imperial bird with two heads simultaneously facing East and West has been Russia’s official coat of arms for centuries, with only a break during the Soviet era. The emblem, however, is far older than the country, with roots dating to ancient civilizations.
An eagle on a country’s coat of arms is quite common – this bird is as popular a national symbol as the lion. “He is the king of birds; just like the lion is believed to rule all animals, and he is associated with the cult of the sun,” Georgy Vilinbakhov, head of Russia’s Heraldic Council, explains.
http://www.deadlinenews.co.uk/2012/01/17/donald-trump-at-last-awarded-the-scottish-coat-of-arms/
https://upload.wikimedia.org/wikipedia/commons/thumb/3/3f/Coat_of_Arms_of_Donald_Trump.svg/2000px-Coat_of_Arms_of_Donald_Trump.svg.png
http://revelationtimelinedecoded.com/wp-content/uploads/2016/11/phoenix3.jpg
So Trump's new coat of arms has the same symbol as Russia which symbolizes 2 empires, one from the east and one from the west, combining into one.
Does the way they dress look familiar to anyone?
http://uscnjpha.org/wp-content/uploads/2014/02/uscnj.png

The Rise of The Phoenix and One World Currency

https://socioecohistory.wordpress.co...mist-magazine/
Source: Economist; 01/9/88, Vol. 306, pp 9-10
https://socioecohistory.files.wordpress.com/2014/07/theeconomist-phoenix_get_ready_for_world_currency_by_2018.jpg
Title of article: Get Ready for the Phoenix
THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.At the beginning of 1988 this appears an outlandish prediction. Proposals for eventual monetary union proliferated five and ten years ago, but they hardly envisaged the setbacks of 1987. The governments of the big economies tried to move an inch or two towards a more managed system of exchange rates – a logical preliminary, it might seem, to radical monetary reform. For lack of co-operation in their underlying economic policies they bungled it horribly, and provoked the rise in interest rates that brought on the stock market crash of October. These events have chastened exchange-rate reformers. The market crash taught them that the pretence of policy co-operation can be worse than nothing, and that until real co-operation is feasible (i.e., until governments surrender some economic sovereignty) further attempts to peg currencies will flounder
The new world economyThe biggest change in the world economy since the early 1970’s is that flows of money have replaced trade in goods as the force that drives exchange rates. as a result of the relentless integration of the world’s financial markets, differences in national economic policies can disturb interest rates (or expectations of future interest rates) only slightly, yet still call forth huge transfers of financial assets from one country to another. These transfers swamp the flow of trade revenues in their effect on the demand and supply for different currencies, and hence in their effect on exchange rates. As telecommunications technology continues to advance, these transactions will be cheaper and faster still. With unco-ordinated economic policies, currencies can get only more volatile.
In all these ways national economic boundaries are slowly dissolving. As the trend continues, the appeal of a currency union across at least the main industrial countries will seem irresistible to everybody except foreign-exchange traders and governments. In the phoenix zone, economic adjustment to shifts in relative prices would happen smoothly and automatically, rather as it does today between different regions within large economies (a brief on pages 74-75 explains how.) The absence of all currency risk would spur trade, investment and employment.
The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF. The world inflation rate – and hence, within narrow margins, each national inflation rate- would be in its charge. Each country could use taxes and public spending to offset temporary falls in demand, but it would have to borrow rather than print money to finance its budget deficit. With no recourse to the inflation tax, governments and their creditors would be forced to judge their borrowing and lending plans more carefully than they do today. This means a big loss of economic sovereignty, but the trends that make the phoenix so appealing are taking that sovereignty away in any case. Even in a world of more-or-less floating exchange rates, individual governments have seen their policy independence checked by an unfriendly outside world.
As the next century approaches, the natural forces that are pushing the world towards economic integration will offer governments a broad choice. They can go with the flow, or they can build barricades. Preparing the way for the phoenix will mean fewer pretended agreements on policy and more real ones. It will mean allowing and then actively promoting the private-sector use of an international money alongside existing national monies. That would let people vote with their wallets for the eventual move to full currency union. The phoenix would probably start as a cocktail of national currencies, just as the Special Drawing Right is today. In time, though, its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power.
The alternative – to preserve policymaking autonomy- would involve a new proliferation of truly draconian controls on trade and capital flows. This course offers governments a splendid time. They could manage exchange-rate movements, deploy monetary and fiscal policy without inhibition, and tackle the resulting bursts of inflation with prices and incomes polices. It is a growth-crippling prospect. Pencil in the phoenix for around 2018, and welcome it when it comes.
https://medium.com/@torrmara/1988-crypto-prophesy-from-the-economist-e201ab28aa26
So it was a random Sunday: bed, eat, repeat until I went online and I saw a link by a new user called @limon. There was a small introduction to a YouTube video which at first glance didn’t look interesting, but what the hell? Lets read this.
https://cdn-images-1.medium.com/max/...lLpi-xYDCw.png
He talked about an article from The Economist, year 1988, coin, phoenix and then Zoin… wtf?
Anyways, I opened the link (don’t open links from strangers) and watched the video in Youtube, (it’s in Spanish)
@limon claims in the video (minute 5) that he actually found a not so well know cryptocurrency (yet) by doing some research on an article from 1988 and he is somehow convinced it’s going to be huge. Yes, @limon saw the writing and thought maybe I should check this and find out which is the coin of the future.
As crazy as it seems, finding a cryptocurrency by doing research on a 1988 magazine its quite incredible. Is it a coincidence or is it a prediction? Not even @limon knows, but there’s a few things that can blow up your mind here.
This is the article from 1988. It claims that there will be a currency (referred as “phoenix”) that will be used by everybody in several countries in 2018.
So yes, you all might say “the coin is called the Phoenix”. There’s actually a coin called Phoenixcoin but that didn’t seem to convince @limon once he checked it out in www.coinmarketcap.com (it sucked even for @limon who wanted to believe with all his heart)
But @limon didn’t give up, he thought what if its hidden? So he decided to take a closer look at the magazine cover.
https://cdn-images-1.medium.com/max/...LKufsoJVug.png
He noticed that he could read the letters backward (um…interesting)
https://cdn-images-1.medium.com/max/...Ir1KSVOMbw.png
He got XIN3ONd NET by reading the cover letter backwards and he said well, XIN is Chinese, and found out in google translator that XIN meant NEW.
Then 3ONd he looked at it and thought this is Russian… and it was. That weird word that would not mean anything to someone meant something for @limon so he decided to google translate it.
https://cdn-images-1.medium.com/max/...uui5nS3hFg.png
Well yeah 3ONd is Russian and means ZOI, but wait is this a coin? @Limon decided to search “ZOI” in www.coinmarketcap.com.
https://cdn-images-1.medium.com/max/...LN2UCCLQwg.png
WOW, Zoin existed. He ended up with the sentence NEW ZOI NET, in which Zoi was an actual currency.
He starting searching now all about Zoin (DYOR) and liked everything he saw. The team, the community and development its very much updated.
Got even more carried away when he saw Zoin’s logo:
https://cdn-images-1.medium.com/max/...4CV6Ln5sFQ.png
https://cdn-images-1.medium.com/max/...y75KEGoyHQ.png
And when he researched even deeper, he found out that ZOIN was left by its first developer and got taken over by its community from all over the world.
Yes, Zoin emerged from the ashes. What? wait. Zoin is also a Phoenix.
Anyways, @limon found all the signs of a prophecy from 1988.
He couldn’t wait so he joined Zoin’s community and shared his video.
By the way he bought some Zoin. After finding the last lost prophecy he had no plans on missing out.
Check all about Zoin in the following links.
You can reach out to the team on Discord, website address is www.zoinofficial.com and their twitter @zoinofficial
You better don’t miss it. Its a prophecy.
Thank you limon.
@torrmara
Notice the year on the coin and at the end of the article, 2018. "Pencil in the phoenix for around 2018, and welcome it when it comes". Trump and Russia both have a double headed Phoenix signifying the union of an Empire. This article talks about a one world currency called "Phoenix" coming in 2018. The number 10 upside down is 01. It's a bit on a coin
https://en.wikipedia.org/wiki/Phoenix_(currency))
I posted about an Israeli company that can do things with blockchain and DNA in my previous postings on this topic. I think that this will have something to do with the Mark of the Beast.
https://techstartups.com/2018/05/10/genetic-blockchain-startup-dnatix-releases-first-blockchain-based-open-source-dna-compression-tool/
https://www.dnatix.com/
https://nulltx.com/carverr-wants-to-embed-bitcoin-private-keys-into-strands-of-dna/

Trump is the Tip of the Spear for the NWO Plan

Notice the spear tip coming out of the Phoenix's head on the cover of the Economist magazine? Trump. has a spear on top of both of his coat of arm. Trump is the tip of the sphere. I think once he's fulfilled his purpose in wrecking everything and nuking North Korea, I think they might have someone take him out. Then things would get even crazier.
https://i0.wp.com/www.show-notes.info/thisisit4321/gallery3/vaalbums/SPECIAL-PROJECTS/Welcome-to-the-World-of-Good-and-Evil/TRUMP/TRUMP%20-%20D2.jpg
https://i0.wp.com/www.show-notes.info/thisisit4321/gallery3/vaalbums/SPECIAL-PROJECTS/Welcome-to-the-World-of-Good-and-Evil/Album-number-7/Donald%20Trump%20Tip%20of%20the%20Spear.jpg
https://thelightinthedarkplace.files.wordpress.com/2018/03/donald20trump20front20and20center.jpg?w=816
https://thelightinthedarkplace.files.wordpress.com/2017/04/trump20tower201.jpg?w=816

My Other Posts on This Topic

https://www.reddit.com/conspiracy/comments/8tuwr1/what_do_these_2_very_obvious_signs_say_to_you/
https://www.reddit.com/conspiracy/comments/8vth1i/trumps_space_force_nesara_and_the_mark_of_the/
submitted by Oblique9043 to conspiracy [link] [comments]

Currency Trading: The Rial and Bitcoin

Salam buddies, I was going to write some of this in a comment, and I've written some parts of it in comments in the past, but I felt like it was worth writing a little bit more about, and I hope you'll indulge me. Maybe it'll help stimulate discussion activity on the sub. I encourage all the users to share their thoughts and information, as we don't want the sub to be totally dominated by link sharing.
So going onto the topic, recently the FP article about how Iranians had been abusing Telegram to manipulate the price of the dollar. The subject of the IRR's devaluation has been a hot topic for many months since the sudden crash. This post isn't specifically about the Telegram / rumor-mongering issue. Spreading false information is very common in Iran and about Iran, as many if not most people don't trust reliable news sources or can't tell what they are, because "official" news in Iran can also be unreliable, so that tempts Iranians, who are naturally social, to believe in social media posts (and basically rumors) as real information, even though that's even harder to sift through. Iranians also have a culture of wanting to believe extreme/fantastic things.
In this particular post, I wanted to take a more practical angle on what I think is going on economically, with specific focus on currency trading, and compare it to things I learned while watching Bitcoin explode in 2017.
My basic position is that the price of the dollaIRR is heavily affected by trading and market activity, possibly more than practical considerations like intrinsic value. I'll talk more about that later. First, I should say something about the IRR's real value. In other words, is it a weak currency if we take currency trading out of the picture?
Essentially, yes, the IRR has some apparent weaknesses. I'm not an economist, so what I can say about this is fairly limited. I can only comment on things I observed in Iran, colored by some Marxist ideas I have about economics. One thing that I believe is that money is more than just a number, but has value grounded in physical realities, like commodities and labor. Sometimes prices don't truly reflect what something is worth materially, and so my opinion about the general malaise of the rial is that it has a weak value due to weak links to laboproduction. In the most simplest terms, many Iranians earn large amounts of IRR by doing very little to no work. One thing that's surprisingly common here is people putting money in the bank and living off of the interest it earns. I suspect the banking system here generates empty currency, and because the quality of work and production in Iran is generally poor it makes the rial worth even less.
HOWEVER, in Iran what grants the IRR an important aspect of its value is that it's actively in real use. There's nobody here who doesn't use it, and it's used for the real, important, daily things like buying bread, paying for transportation, leisure/recreation, and so on. In other words, someone who lives in Iran has a real necessity of and use for the IRR. This is very important.
Now when it comes to the USD, there is an interesting problem that confronts us. The USD apparently has little to no use in Iran except as an investment or store of value. There are some people who really do need to use USD, for example in times of travel or international trade, but generally we're talking about millions of people in Iran who, if they had dollars, can't do anything with them except sell them for rials. You could say that, domestically, the rial has more intrinsic value than the dollar because you can spend it.
This means that in Iran the majority of people who buy US dollars only do so with the intention of selling it back later after it's gotten more expensive. This is the behavior I witnessed with Bitcoin in 2017. People were buying Bitcoin not because they could use it (it has no use other than trading), but because they wanted to sell it at a higher price later. There was a surge in demand, causing scarcity, further driving prices up. You could hardly buy Bitcoin. The network had a huge backlog of transactions, exchanges couldn't keep up with orders, etc. A huge speculative bubble developed, and people had the fantastic beliefs that Bitcoin was extremely undervalued, could only go up, and you had to buy no matter how expensive it's gotten. The price broke $20,000 USD for Bitcoin, but today it's under $5,000.
If any of this sounds familiar to you it's because all this happened to the USD in Iran. Demand skyrocketed, scarcity caused prices to go up, and people kept buying because they believed that the IRR is truly worthless and the true value of the USD vis-a-vis the rial is infinity. People would pay really high prices to get this magic dollar that would very soon double in price again.
Obviously you can see the problem here. Early buyers profit, late buyers get screwed, because the guy who bought dollars at 40k rial and sold them to someone else for 120k rial now gets to eat 3x more kabob, but the guy who later bought the dollar at 180k rial and now finds no one will buy it from him is stuck with dollars he can't eat. He can sell them back and realize he lost money. Months ago when this started happening, I asked Iranians if they don't realize that this would happen, that 140k rial worth of food is in fact intrinsically worth much more than 1 USD, and that if you overpay for the dollar you'll regret it later when the price starts to come down. The only reaction I got was as if I had told them something that's impossible and senseless. They were like, "The dollar will never come down. It will go up forever." To them it's better than gold.
In an environment like this, of course predators are going to take advantage of people's naivete. I mean, you'd actually have to be kind of stupid not to realize that this opportunity existed. A lot of people in Iran already got screwed by this.
I'm not suggesting that the dollar will burst like Bitcoin did and suddenly lose 80% of its value. As I stated earlier, the IRR has its own weaknesses, so the recent devaluation of the rial is a real market adjustment, and it appears to have started to stabilize at a new price, but buying dollars in a get-rich-quick move has overall been unhealthy for the society, just like during the Bitcoin craze some people made off like bandits while others lost their life savings.
Anyway I hope this write-up is interesting or helpful for some readers. Usually when the story of the IRR's crash comes up, it's only discussed from a vague political angle (ie Donald Trump did it). I thought it would be better to look at more specific economic details to describe it. Obviously the political side had affected people's attitudes and behavior, like the straw that broke the camel's back, but from my point of view the problem runs much deeper.
submitted by marmulak to iranian [link] [comments]

Crypto Rollercoaster: Explaining the Recent Market Performance

https://www.ccn.com/crypto-rollercoaster-explaining-the-recent-market-performance/
Just when it appeared that the cryptocurrency market was about to bottom out just a fortnight ago (with Bitcoin reaching a reported 14-month volatility low), the market subsequently started displaying indicators of a directional shift.
Last week however, we saw a short-term appreciation in value. In typical crypto fashion it was just as rapid if not more so than the recent decline and Bitcoin, in particular, was observed to have exceeded “a key resistance level at $7,000 after breaking out of the $6,800 mark… crucial for the short-term recovery of Bitcoin.”.
Right now however, we are looking at what some mainstream media organisations have described as an ominous price-crash: if not full-blown ‘meltdown’.

Causation Between News and Value?

The reasons for the crash – like many before – are likely plenty, such as the theory of market manipulation by wealthy crypto-barons, amongst other interested parties.
Just looking at the news recently, we can identify a handful of reported events and moments which might have contributed, coincided with or preceded this rapid deppreciation in value. They include:

Looking at the Market

The large fall in value could be considered either a correction or a short relief. Either way, it is fair to say that if the market were to return to a more positive trajectory: we could expect the collective growth to be reflective year-over-year, exponentially.
Coinschedule (an “ICO listing and cryptocurrency portal”) recorded $3.695 billion total funds raised in 217 from 209 ICOs. By compairson, the same site records 500% times more investment this year (up until August 2nd, 2018) – with $17.489 billion gathered from 686 ICOs so far.
It is still important to bear in mind the sobering fact that a great number of ICOs and cryptocurrencies fail.

Additional Studies and Observations

Cezary Graf (AKA Crypto Poland) is a Polish blockchain enthusiast who recently shared a tweet which featured an image which depicted where ‘Bitcoin & The Crypto’ as a collective industry would place in Statista’s list of ‘The 100 largest companies in the world by market value in 2018 (in billions of U.S. dollars)‘.

Graf’s post only provided information from the first page and 10 entries of Statista’s list. This suggests that the total industry value is comparable with the likes of Apple, Alphabet, and Amazon (The Big A’s) – whose combined value is over $2471.1 billion.

Veering beyond these pages however and considering cryptocurrency’s overall market value has surpassed $262,5 billion. Comparatively it would fit it closer to 17th place – best resembling the following trio of financial industry giants.
Statista isn’t the only organization to perform and curate in-depth analysis of blockchain and the cryptocurrency investment market.
Back in 2017, PricewaterhouseCoopers (AKA PwC) performed an investigation into the same criteria – entitled ‘Global Top 100 Companies by Market Capitalisation, 31 March 2017 Update’ with similar results.

The Market Future & ICOs as a ‘Bubble’

Some of the great issues, conversely, plaguing the crypto market include fraudulent and scam ICOs: as well as honest projects which simply offer little to no value to justify their price or existence.
This is in addition to (and arguably supported by) an almost universal lack of effective regulations or standards to prevent such tokens, and has led to some going as far as to call ICOs an ‘investment bubble’.
If true, the space will prove unsustainable if it continues on its current trajectory: a claim which has been thrown around by those in the industry since at least the end of 2017. If, however, things continue as they are right now then we are likely to enjoy a profitable end of 2018.

Court of the Crypto Kings

No matter the market status: the value of many a cryptocurrency lies in their viability and practical effectiveness of their end-goals, and means of achieving them.
Bitcoin of course is the original cryptocurrency and has established its value through its integrity (public whitepaper and open-source nature), as well as it’s practical effectiveness and the rate of adoption it has enjoyed upon implementation.
Ethereum is arguably one of the most successful challengers to the BTC throne so far. The project helped to instigate the now-prevalent ‘Blockchain As A Service’ (BaaS) sector, and offers a platform upon which new utility tokens can be constructed – powered by ‘Ether’.
Lightning Bitcoin is an example of the new market contenders. One of many which offer a direct and highly competitive alternative to many of the key features associated with Bitcoin. According to their website: ‘LBTC’s utilitarian value as a tradeable currency is boosted by its speed and low-cost transaction fees.

Looking at New Securities

Security Tokens’ comprise a much newer field, which has been quoted to have contributed to the major crypto-crash back in January 2018. The first of these digital securities contracts were sold in December of the previous year and expired the following month – and thus, correlated with the market drop.
There has been a lot of news regarding security tokens over the past year, including attempts to either regulate or otherwise ensure a level of safety with regards to risk and fraud prevention, as well as protection of funds. These efforts come from a combination of governments and independent projects and organizations.
MOBU is one of these projects and seeks to utilize a proprietary utility token (the eponymous ERC20 ‘MOBU’) to power its “end-to-end solution for ICOs to launch compliant security tokens on the blockchain.”. Features of MOBU cited include KYC / AML compliance integration, enforced and maintained through Ethereum based smart-contracts.
This is in addition to what they call the “MOB20 protocol will define a set of commands that a compliant security token should implement.”

submitted by stutterisland13 to LightningBTC [link] [comments]

To fuel the longevity of the PAX Pago, the reserve total supply token will be used to locate the project into other adjacent geographies

Unless you’ve been living under a rock, you’ve probably heard of cryptocurrencies like Bitcoin, decentralized digital money whose unprecedented growth has sent the financial world into a tizzy. Yet, remarkably, cryptocurrencies have very little practical use, causing some economists to speculate the investment bubble is primed to burst. But that’s not the case in South America, where a number of regional factors have seen Bitcoin become a viable transactional currency for the masses. To sustain and further project development efforts, small processing transactional fees may incur within the PAX Pago ecosystem. To fuel the longevity of the PAX Pago, the reserve total supply token will be used to locate the project into other adjacent geographies.
The end goal is to target developing countries with limited exposure to technology, and transform them into Smart Countries. All Smart Countries will be powered and connected cross bordered by the underlying PAX Pago ecosystem.
submitted by tuncaysanli54 to InitialCoinOfferings [link] [comments]

The benefits of having a dominant cryptocurrency

Ever since bitcoin there have been a myriad of different alternative distributed digital assets to invest in. There is no doubt that peer-to-peer distributed ledgers are here to stay, but which of these shall dominate them all, or should there be many different technologies to choose from, like your choice of cars or computers? If investing in a technological asset, it makes sense to invest in the most current and utilius advancement, or perhaps there are several different options with different advantages, but when investing in a currency, the most advantageous utility is that it is accepted by most people, and most people are not active traders.
Peter Schiff has made many disparaging conclusions about cryptocurrencies, claiming they are digital fiat. He has said that they have no intrinsic value and that they are not actually limited in supply because there are 100s of them. Clearly, I disagree with his conclusion that cryptocurrencies don't have "intrinsic" value, I think their value lies in their open-source, peer-to-peer, decentralized, trustless, ledger accounting, which can be managed to execute automatically when certain conditions are met, cutting out several third-parties and middlemen, saving people a ton of money. This is clearly a value add, and it is not a matter of whether people will adopt it or not, it is when.
Peter Schiff has also been a well-respected economist in the libertarian and austrian-school thought circles. He has correctly predicted bubbles of the past, including the housing bubble. I started listening to him around this time and only recently stopped when it became clear that he was unwilling to see the value that cryptocurrencies add to the economy. So while I disagree with his conclusions, I think he makes a valid point. He says that cryptocurrencies aren't scarce, "There are already a 1000 other cryptocurrencies;" he then postures the question, what if someone comes out with a better bitcoin and now everyone wants to switch to that one? Suddenly, the price would drop significantly, he claims.
When investing in a new car or a new smart phone, the functionality of either phone or car is not affected by your change. You can buy the phone and get whatever measure of functionality you were looking for right out of the box, and the function of the other phone remains the same. You are not considered an "active trader" for switching phone companies. However when investing in a decentralized, consensus-driven, open-source, updatable, scarce, peer-to-peer blockchain currency, your functionality changes as you switch between different blockchains. You have become an active trader and it is now necessary to spend a significant portion of your time analyzing the markets. If the changes are not significant and drastic, or they can be integrated into your current blockchain, becoming an active trader is not wise unless that's your profession or passion.
Unlike private companies where the user directly benefits from the competition as the companies are forced to lower prices and innovate, separate competing blockchains lower each others functionality as scarcity decreases, and uncertainty and volatility increase, and because the vast majority of these blockchains are open-source and updatable, any new innovation can be integrated into any other chain. Blockchains don't require a company or competition to innovate; its users directly benefit from innovations and are therefore motivated to integrate them. Instead of competing blockchains, there should be competing groups of developers for the same blockchain.
It's a bit difficult to wrap around this concept, but Bitcoin's blockchain is kept honest by its users and miners: competing factions. Anyone with a computer and a technical mind can audit the system. There is no entrance gate; there are no leaders. Multiple blockchains do not keep each other honest, as competing companies do, they only decrease each others functionality as a currency and store of value. Unless everyone wants to spend a significant portion of their time actively researching the next change, or trusting investment firms to do it for them (which defeats the purpose of a trustless currency), one dominant blockchain is all that is necessary or desirable in a functioning currency.
I think one of the reasons we haven't seen this so far is because of the large number of users who are looking for astronomical increases in price in short periods of time, and developers who also want the quick short term gains of creating a new blockchain or token. In other words the vast majority of the cryptocurrency space is a speculators market, otherwise known as a bubble.
But as with the dotcom bubble, there will be many in the space who not only survive the burst but also thrive during and after. Unless something significant and drastic happens Bitcoin will be the dominant blockchain. First mover advantage in a technology that is decentralized, open-source, and consensus-driven, is not only a slight advantage, it is the only real significant advantage to have. Unless coins start creating closed-source software, they have no leverage, and with closed source software, they would be no better than government fiat.
Original post: https://steemit.com/bitcoin/@volyntaryist/the-benefits-of-having-a-dominant-cryptocurrency
submitted by psycholioben to Bitcoin [link] [comments]

What Will Cause The Bitcoin Bubble To Burst 🔥 - YouTube Bitcoin is a bubble: Nobel Laureate in Economics WILL BITCOIN BUBBLE BURST?? - 7 Facts That You MUST Know! Is the bitcoin bubble about to burst? PAUL KRUGMAN: Bitcoin is a More Obvious Bubble than ...

The Bitcoin Bubble Burst is all over the media as the price of Bitcoin has plunged by almost half since the beginning of January in a ‘bloodbath’ which has seen the total value of the market plummet by about £31 billion. Bitcoin has been called a ‘bubble’ for the past few years. There have been increasing comments of the ‘Bitcoin ... Bitcoin biggest bubble in history, says economist who predicted 2008 crash This article is more than 2 years old. Nouriel Roubini calls cryptocurrency the ‘mother of all bubbles’ as it falls ... Then, like Mr Falkvinge, they decided to cash in, and the bubble burst. Those who have remained faithful to Bitcoin claim to be unfazed by such wild market swings. Volatility, they argue, is ... Essentially, every economist will predict that it will burst, because the only scenario in which it doesn’t burst is that Bitcoin replaces gold. Gold has a very long history, it is very hard to ... On Bitcoin, Bubbles and What Makes Them Burst As the Bitcoin bubble threatens to pop, many people are worried. How do economic bubbles form in the first place? And do they always burst? by Tom Anderson Feb 16 2018 In 2014, the price of a Bitcoin was around $500, by the end of 2017, this had risen to nearly $20,000. Although prices have dropped somewhat in the following months, Bitcoin’s ...

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What Will Cause The Bitcoin Bubble To Burst 🔥 - YouTube

In this Bitcoin review I will share my knowledge about the "Bitcoin bubble" and whether it will burst soon or not at all. GET $10 WORTH OF FREE BITCOINS HERE: https://youronlinerevenue.com ... In the above video, I set some parameters that I use to define investment bubbles, and super bubbles. I then discuss my view on Bitcoin and where it falls among my definitions. The other video I ... Nobel prize-winning economist Paul Krugman talks to Business Insider senior political editor Josh Barro about bitcoin. Krugman says the price of bitcoin is h... Black-swan events are hard to predict but have high risks and a spill-over effect on the market. What do analysts see as possible black-swan events that could hit global markets in 2018? Subscribe ... "Robert Shiller, 2013 Nobel Prize winner in Economics, and an expert in the nature of market excesses, has come down on bitcoin and said that the tremendous jump of the virtual currency was a 100 ...

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