Now is the time… I’ve been talking about releasing a podcast on the subject of bitcoin and crypto currencies and I think I’ve got a grasp on some basic ideas that we all should consider regarding this technology. I’ve been studying this subject for weeks– taking information in from a variety of sources including: Cryptoassets book by […]Now is the time... I've been talking about releasing a podcast on the subject of bitcoin and crypto currencies and I think I've got a grasp on some basic ideas that we all should consider regarding this technology.I've been studying this subject for weeks- taking information in from a variety of sources including:Cryptoassets book by Chris Burniske and Jack TatarFaceLikeTheSunDavid Seaman on THC (from 2013)Crypto Conundrum with Clif HighDocumentaries like Magic Money and Banking on BitcoinSpeaking with friends, acquaintances, and pretty much everybody that I meet that seems educated in either economics, technology, or both.This show is my understanding of this somewhat-confusing technology and how things could easily go wrong...Show Topics:I'm NOT a financial expert and these are my opinionsWhat IS Bitcoin?...Decentralizing currencyFiat Currency & the value of BitcoinWe left the gold standard in 1971- the US dollar is already inherently "worthless"Cryptos get value from their FIXED quantity (supply is fixed- they can't "print" more)Only 10% of total money exists on paper and coins- we're already working off illusory money systemCryptos are "trust-less" systems that operate on "proof of work"The "proof of work" is available of all to see on the Blockchain (ledger)Computer mining to build the BlockchainHow to obtain Bitcoin and Cryptos- cold wallets, Coinbase, and moreTheory #1: The NSA Created CryptosWho is this mysterious Satoshi Nakamoto?SHA-256: The NSA built encryption that bitcoin usesWho funded Coinbase? You'd be surprised...1996's NSA paper: "How to Make a Mint: The Cryptography of Anonymous Electronic Cash"Comparing the NSA paper to Satoshi's "White Paper"Theory #2: Artificial Intelligence (A.I.) Created BitcoinDecentralized Autonomous Organizations (DAO)Sophia- the android paid in cryptosA.I.'s private 'language'Theory #3: The Devil Created BitcoinRevelation 13: 16-18 "...no one could buy or sell unless he had the mark..."Daniel 2:43- a disembodied spirit can be manifested through technologyTheory #4: Bitcoin is the Savior from BankstersThe mainstream media is already condemning it as a terrorist funding machineConclusion: Deus Ex MachinaIs the appearance of Bitcoin after the economic downturn of 2008 simply tooconvenient?Cash is already more anonymous than BitcoinPrivacy vs. AnonymityThe Economist article from 1988 calling for a global currency called "Phoenix" that would come to prominence in 20182023 Updated Show Note Links:*ALL Social Media, merch and other links: https://allmylinks.com/isaacwGRIFTER ALLEY- get bonus content AND go commercial free + other perks: * VIP: Due to the threat of censorship, I set up a Patreon-type system through MY OWN website! IIt’s even setup the same: FREE ebooks, Kubrick’s Code video! Sign up at: https://illuminatiwatcher.com/members-section/ * PATREON: almost identical to VIP Section; you can join the conversations with hundreds of other show supporters here: Patreon.com/IlluminatiWatcher * *****Want to check out the list of all 160+ bonus shows that are only available on Patreon and IlluminatiWatcher.com VIP Section?… I keep an index right here: https://www.patreon.com/posts/29414054

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“What did the council decide on item 42?” — answered with the speaker and the moment.