3 Comments

CC, you gauzily gloss over the critical fault line of secure power supply. Sure, all we need to do is create distributed power generation nodes scatter throughout the commonweal. How are these many millions of mini power supplies created, distributed, funded, installed, maintained, ad infinitum when the Bretton Woods precipice is NOW?

Musk could supply a few hundred Starlinks to a small region on call for communication purposes, but those batteries need to be recharged too! Multiply that by the millions in a very short time frame! The logistical constructs just don't work, especially when the failure of the CB system will destroy the global supply chain structures for an indeterminate period of time. Pollyanna? Meet reality!!

Utopianism isn't your friend here, and the entire construct sets up a whole new Brahmin class that make CB Elites look like kindergartners! Oh, but they're as pure as the driven snow! RIGHT! Every human alive has a sin nature that seeks personal advantage, regardless how much they feign altruism! So back to the drawing board IMHO.

I do think that blockchain technology will be a huge blessing to humankind, but I'm not sure that putting an On-Off switch on access to assets, real and financial, controlled by that aforementioned Brahmin class is a solution in any sense of the word! It sounds more potentially diabolical than competing CBs!!

I have faith in YOUR good will, but I doubt you'll be the one in control of that switch! More likely it'll be a Bill Gates, a Mark Zuckerburg, or a Klaus Schwab type with a different mask on, but with a heart just as anti-human, anti-American, and anti-spiritual in the end.

Expand full comment

I have no confidence in cryptocurrencies, as they are totally reliant on the power grid, just as Dollars retain value due to central banking. They have been a tremendous speculation vehicle, and I wish I had participated in that! But that horse has left the barn, even if the redouble from here.

I have a spidey-sense that the cryptos are a catspaw of the CBs once again, and a research tool to ascertain who the individuals are who are trying to tear down any organized global financial system.

At the same time, I suspect the current Bretton Woods regime is on its last legs, with nothing at scale to replace it. Europe & Japan in current extreme peril.

Expand full comment

Please see my post about "AI and Game Theory" and consider that the same ideas there, apply here. There are titanic forces who are vehemently opposed to the very idea of cryptocurrency, precisely because it disintermediates the banking cabal--and they will pay almost any price to get you to reject cryptocurrencies so that they can continue profiting from playing with money as they have been for centuries.

Those days are coming to an end as the new age of enlightenment accelerates. As for the power grid: that, too, has been a frequent topic of mine. The decentralization and "democratization" of power generation is another piece in the puzzle. Energy, AI, cryptocurrency, and unrestricted freedom of motion are the keys to a humanity that is unshackled by the control systems that the parasitic class have exploited forever.

Expand full comment