Morpheus Titania

Apr 302014
 

Steve Jobs on coming reset to Bitcoin

Sovereign Man modified by Morpheus original article
Wisdom from Steve Jobs on the coming system reset

April 30, 2014
Santiago, Chile / Mesa, Arizona

Hi all fans of Simon Black and Sovereign Man.  I got this in my email. After I read it and have to suggest that Simon doesn’t carry his thought to the logical conclusion.  BitCoin IS the future, not metals or Banks in other jurisdictions are still part of the BORG and for that reason they are not to be trusted in any way shape or form.  Bitcoins properly dealt with are safer than the gold in Fort Knox, if there is any there, that is.

“Money” is a concept of the mind, it doesn’t exist in the real world.  It is only exists as construct of the mind.  Here is the Progression:

Agrarian Age: In this era there was no: electricity, Internet, cars, trucks, planes, trains, running water, Walmart, Circle K, running water in your house, newspapers, or mail services, some people thought the world was flat.  This age is marked by Barter, and with the rise of Roman Empire the “invention” of gold and silver as “money”. Keep in mind during    However in their lust for expansion and debasement of the coin through clipping and non precious alloys being added caused hyperinflation.  This gave rise to the dark ages with control going to the Roman Catholic Church, and all the Flat Earth sillyness.

Industrial Age: Moving out of the dark ages was marked with the “invention” of Paper Money with the “invention” of the printing press, they say they were printing Bibles, “Riiight”,I say “they were printing money Guttenberg wasn’t printing Bibles’. That coverup story is for the slaves and no different than the cock and bull 9/11 coverup.” This age is marked with the enslavement of humanity to debt, debt that is created by the banks to pit human against human to create governments to “referee” all disputes.  Of course they never indict themselves for criminal behavior.

Digital Age: This age is marked with the “invention” of the “computer” and the “Internet.” These “inventions” created a totally new kind of money one that could not exist with the previous systems to build on.   That new technology created a crypto-currency known as Bitcoin. There are other alt coins like:  Litecoin, Namecoin, Mastercoin to name a few.  To attempt to go back to the past and use the technology from an age that is so long gone is a mistake. I like to ask people “How come you don’t have a phone with a really long cord instead of a cell phone?”. The simple reason is because the new technology, the cell phone, replaced the corded phone so no one uses corded phones much any more.  To have be against bitcoins is like being against cell phones when they came out.  Those who were the Luddites back in the beginning of the industrial revolution quickly disappeared or got ran over.  We can’t take Gold and Silver into space its way too heavy.

Sure its a good idea to have gold and silver in case the aliens or the machines turn off the power, however a prudent person would also want to stock up on 9mm 40 and 45 cal double ought buckshot, food , water and other supplies. When you look at the progression of the price and the market cap a person would have to be out of your mind to not get involved with bitcoin.

So read both articles and see which one comes to a better conclusion.  Simon hit me up if you like m-o-r-p-h-e-u-s<at>t-i-t-a-n-i-a-n-s<dot>org

Steve Jobs used to tell a very inspiring story about an article he read in Scientific American when he was a boy.

He said that the article measured the ‘efficiency of locomotion’ of various species– essentially how many calories different animals spend getting from Point A to Point B.
The most efficient of all? Not human beings. Not by a long shot. It was the condor. The condor expended the least amount of energy per meter or kilometer traveled. Human beings were pretty far down the list.

But as Jobs recounts, the authors had the foresight to also test the efficiency of a human being on a bicycle. And this absolutely blew all the other species away.

Jobs later said that this was incredibly influential on his thinking because he realized that human beings were fundamentally tool creators. We take our situation, however grim or rudimentary, and we make it better.

There’s undoubtedly a lot of bad news in the world these days. Some people realize it. Others refuse to believe it and stick their heads in the sand. Our century-old industrial age monetary system is unraveling before our very eyes.

This absurd arcane structure in which we award a tiny central banking elite with the dictatorial power to control the money supply in their sole discretion is now drowning the world in paper currency.

ALL financial markets are manipulated by central banks, predominantly the Federal Reserve. One human or possibly a reptile in a human woman outfit — Janet Yellen– has the power to affect the prices of nearly everything on the planet, from the wholesale price of coffee in Colombia to the cost of a luxury flat in Hong Kong.

Moreover, politicians in some of the most ‘advanced’ economies in the world (Japan, the US, France, the UK, etc.) have accumulated so much debt that they have to borrow money just to pay interest on the money they have already borrowed.  Most would call this insanity.

They are and continuing to saddling future unborn generations with a debt that is SATANIC.

They wage endless, costly wars, murdering millions. They spy on their citizens. They spray poisons in the air. They inject fluoride, a carcinogen into the water. They arrest people for the burning a plant.  They tell people what they can and cannot put in their bodies. They confiscate private property and wages at the point of a gun.

They abuse the population with legions of heavily armed government agents (thugs). They conjure so many codes, rules, regulations, laws, and executive orders that it becomes totally impossible for any individual to exist without being guilty of some innocuous, victimless crime.

And they arrogantly masquerade the entire ruse as a FREE SOCIETY.

>None are more hopelessly enslaved than those who falsely believe they are free.Johann Wolfgang von Goethe

This system is on the way out. It will reset.

Like feudalism before, our system will go the way of the historical dust bin. And future historians will look back (just as we view feudalism) and say “why did they put up with that nonsense…?

This reset is nothing to fear. Human beings are incredible creatures who have a long-term track record of growth. We rise. We progress.

Or more appropriately, we ride bicycles. We create tools to overcome our challenges. We create new forms of currency.  The new currency will be in the form of a crypto-currency. The most prevalent in the world is called Bitcoin. You need to wake up and learn why Bitcoin is so much better than the current model.

Your industrial age country’s currency (paper debt money) is being rapidly debased, you could hold some savings in a different currency. Or you may hold agrarian currency (precious metals).  Or move into the future with Digital money…Bitcoin!

Freedoms are being rapidly degraded in almost every country in the world!  Make a decision to stop funding the destruction they cause. Get your bitcoins now.!

I liken all of these to wearing a seatbelt– another one of humanity’s marvelous tools.

You will be better off for holding your funds in a bitcoin wallet, where your money is safer there than all the gold in fort Knox, that is if there is any gold there at all. Or for wearing a seatbelt. But if the worst happens, it can make all the difference in the world.

Buckle up with Bitcoin.

You never know an accident is about to happen until it’s too late. But the warning signs of danger are all there: it’s raining and the road is slippery, fog has descended and visibility is severely limited. It’s an ominous evening.

Make sure you have your Bitcoin seatbelt on.

Until some other time in the Future
Morpheus, peace out. Thank you Simon Black!

Feb 192014
 

Megan Rice Peace Activist

KNOXVILLE, Tenn. (AP) — Megan Rice, An 84-year-old nun was sentenced by the BORG agent to nearly three years in prison for breaking into a nuclear weapons complex and defacing a bunker holding bomb-grade uranium, a demonstration that exposed serious security flaws at the Tennessee plant.

Two other peace activists who broke into the facility with Megan Rice were sentenced to more than five years in prison, in part because they had much longer criminal histories of mostly non-violent civil disobedience.

Although officials said there was never any danger of the protesters reaching materials that could be detonated or made into a dirty bomb, the break-in raised questions about safekeeping at the Y-12 National Security Complex in Oak Ridge. The facility holds the nation’s primary supply of bomb-grade uranium and was known as the ‘‘Fort Knox of uranium.’’

After the break-in, the complex had to be shut down, security forces were re-trained and contractors were replaced.

In her closing statement, Rice asked the judge to sentence her to life in prison, even though sentencing guidelines called for about six years.

‘‘Please have no leniency with me,’’ Megan Rice said. ‘‘To remain in prison for the rest of my life would be the greatest gift you could give me.’’

She said the U.S. government was spending too much money on weapons and the military, and she told the judge about the many letters of support she had received, including one from youth in Afghanistan.

‘‘This is the next generation and it is for these people that we’re willing to give our lives,’’ she said.

Rice, Greg Boertje-Obed (bohr-CHEE’ OH’-bed) and Michael Walli all said God was using them to raise awareness about nuclear weapons and they viewed the success of their break-in as a miracle.

Their attorneys asked the judge to sentence them to time they had already served, about nine months, because of their record of good works throughout their lives.

Rice is a sister in the Society of the Holy Child Jesus. She became a nun when she was 18 and served for 40 years as a missionary in western Africa teaching science.

Walli’s attorney said the activist served two tours in Vietnam before returning to the U.S. and dedicating his life to peace and helping the poor. Walli said he had no remorse about the break-in and would do it again.

‘‘I was acting upon my God-given obligations as a follower of Jesus Christ,’’ he told U.S. District Judge Amul Thapar.

The judge said he was concerned the demonstrators showed no remorse and he wanted their punishment to be a deterrent for other activists. He was also openly skeptical about whether the protesters caused any real harm and challenged prosecutors to prove it. Assistant U.S. Attorney Jeff Theodore said they had destroyed the ‘‘mystique’’ of the ‘‘Fort Knox of uranium.’’

On July 28, 2012, the three activists cut through three fences before reaching a $548 million storage bunker. They hung banners, strung crime-scene tape and hammered off a small chunk of the fortress-like Highly Enriched Uranium Materials Facility, or HEUMF, inside the most secure part of complex.

They painted messages such as, ‘‘The fruit of justice is peace,’’ and splashed baby bottles of human blood on the bunker wall.

‘‘The reason for the baby bottles was to represent that the blood of children is spilled by these weapons,’’ Boertje-Obed, 58, a house painter from Duluth, Minn., said at trial.

Although the protesters set off alarms, they were able to spend more than two hours inside the restricted area before they were caught.

When security finally arrived, guards found the three activists singing and offering to break bread with them. The protesters reportedly also offered to share a Bible, candles and white roses with the guards.

The Department of Energy’s inspector general wrote a scathing report on the security failures that allowed the activists to reach the bunker, and the security contractor was later fired.

Some government officials praised the activists for exposing the facility’s weaknesses. But prosecutors declined to show leniency, instead pursing serious felony charges.

Prosecutors argued the intrusion was a serious security breach that continued to disrupt operations at the Y-12 complex even months later.

Attorneys for Rice and Walli, 65, both of Washington, D.C., said the protesters were engaged in a symbolic act meant to bring attention to America’s stockpile of nuclear weapons, which they view as both immoral and illegal under international law.

Boertje-Obed’s wife, Michele Naar-Obed, said before the hearing that she would figure out a way to deal with the sentence, whatever it was. Her real concern was that her husband’s actions and imprisonment were not in vain.Continued…

Feb 192014
 

You are living in Prison

There are many things that we only understand through it’s effects and not by the actual substance itself.  Electricity is one, Air is another.  You don’t see see, hear, taste electricity or air.  We can usually only see the effects of the things they do.  We see the wind blowing the trees and we see electricity turn on lights and motors running.  So how would you know your living in a prison when that is how you have lived all your life.  The Following article shows the effects of the Prison Planet the BORG have placed us into.  if it walks and quacks like a duck it must be a duck.  The BORG spends TRILLIONS continually telling us that we are FREE when nothing could be further from the truth.  Lucifer is the father of lies, and this lie is just par for the course.  The only difference is the level of oppression!  Many Freeworlders, with zero personal knowledge in this area, might feel uncomfortable learning this and not agree with this statement, however those that have had experienced life on the inside would be much more likely to agree.

Consider how the American Media continually bombards the population with propaganda that “We” Americans live in the Freest and best country (prison) or Human Farming, as Stefan Molyneux would say, yet the US has more people in cages in total and per capita than any other country (prison) in the world.

How Prisons work

Americans are not typically aware of how their federal and state prison systems work. What we think we know, we learned from watching television. When I took my first walk through at FCI (Federal Correctional Institution) El Reno Oklahoma as a new employee, I was surprised at how non-Hollywood real prison life is. Frankly, all I knew about prison life was what I saw on television or at the movies. Not even close.

As I got closer to retiring from the Federal Bureau of Prisons (FBOP), it began to dawn on me that the security practices we used in the prison system were being implemented outside those walls. “Free worlders” is prison slang for the non-incarcerated who reside in the “free world.”  In this article I am going to compare a number of practices used in federal prisons to those being used today in the “free world.”

You might find that our country may be one giant correctional institution.

Cameras & Movement Tracking

(Source: Joern Haufe / Getty Images)

(Source: Joern Haufe / Getty Images)

In federal prisons, cameras are everywhere. The reason, of course, is to help maintain security and keep track of prisoners. Inmates know that if they break any rules or policies, they can be readily identified if the event occurred in view of a camera. The cameras remind the inmates that they do not have any freedom or privacy, and that they live under total control.

Unfortunately, the “free world” is now subject to the widespread use of video surveillance and movement tracking.  This goes beyond cameras, which have become virtually ubiquitous now.  The federal government has been handing out grants to create sophisticated surveillance grids in cities across the country.

These surveillance grids frequently include license plate readers — some with the ability to log 1,200 license plates per hour, logging timestamps and location data — giving the government a way to track people and analyze their movement patterns.  Some cities post license plate readers to log every single vehicle that enters or leaves its boundaries.   Many cities have turned their police cars into roving data collectors by outfitting them with mobile license plate scanners.   A man from California discovered that he had been photographed 112 times over the course of a couple years — from just one police cruiser mounted with a license plate scanner!  The local databases of movement data are integrated with the federal government through its fusion centers located all over the country.

The government also has the ability to use facial-recognition software in conjunction with its surveillance grid to instantly identify individuals by comparing their photograph to biometric databases created using BMV photographs.  Facial recognition cameras can be set up to accurately identify a person against a database of millions of images in less than one second.  The government can then potentially log their locations and using the data for any purpose it wants.

As the usage of these technologies grows, the “authorities” will practically know where you are at any time.  The British have the greatest level of electronic surveillance in the world.  Their movements are said to be recorded 3,000 times a week.   The United States is not that far behind.  In some ways, with the numerous NSA spying programs, the USA leads the world in destroying personal privacy.  Today’s youngest generation will grow up never knowing what privacy is.

Drug Testing

(Source: Maritime Med)

(Source: Maritime Med)

The federal prison inmate drug abuse monitoring program has been going on for decades since the capability was invented.  At any time, a prisoner can be tested for intoxicants using urine, sweat, saliva, and hair samples taken by force.  After years of perfecting the process on inmates, it was introduced to the American public.

On September 15, 1986, President Ronald Reagan signed Executive Order 12564, establishing the goal of a Drug-Free Federal Workplace. Additionally, in 2010, the Substance Abuse and Mental Health Services Administration (SAMHSA) finalized a new rule that allows federal agencies to use sweat, saliva and hair in federal drug testing programs that only tested urine.  Since then, many private businesses and corporations had to begin testing their employees in order to keep or obtain federal contracts. Under federal guidelines for employee testing, if a person takes medicine that was not prescribed to him, he has committed a federal drug abuse offense and may be fired.  Children in public schools are also subjected to involuntary random drug testing.

The inmates were the guinea pigs for a program now being regularly employed on Americans.  This process conditions Americans to be accustomed to regularly submitting bodily fluid samples to the government, lessening their resistance to data collection and intrusion in other areas.

Metal Detection & Weapon Confiscation

(Source: J. Miles Cary / Knox News)

(Source: J. Miles Cary / Knox News)

In prison, detection and confiscation of weapons is a necessity.  Prisoners cannot be allowed the freedom to possess objects that could potentially be used to cause harm to others.  The security of the facility relies on the prisoners remaining disarmed.

With that said, not even prisons can be guaranteed to be weapon free.  Inmates are clever, and can fashion any piece of metal into a makeshift weapon.  They are also prolific smugglers.  To mitigate this risk, prisoners and visitors are put through metal detector checkpoints to keep them disarmed.  Any metallic contraband is confiscated.

Treating prisoners this way is one thing.  In a prison setting, security trumps liberty.  The liberties of the inmates have been curtailed through due process on an individual basis.  But these prison tactics have crept out into the “free world.”  Now, virtually all government buildings use metal detectors to screen incoming visitors and even their own personnel.  This establishes a climate of fear of weapons and a false sense of security among those within such “weapon free zones.”  If a prison can’t proclaim to be weapon free, how can any place outside of prison make such arrogant and naive claims?

Crowd Control

(Source: Nigel Parry)

(Source: Nigel Parry)

Helmets, face shields, batons, knee guards, tear gas, wedge formations, line formations, half steps, full steps, pinning tactics — all of these phrases are associated with prison crowd control. As I look at today’s police and how they attempt crowd control it reminds me of my days in federal prison as the Hostage Negotiation Team (HNT) leader. The HNT worked closely with the Special Operations and Response Team (SORT) on both monthly local training and annual training at Fort Gruber in Muskogee Oklahoma. SORT membership is selective and highly practiced.  The teams must be familiar with hand signals and verbal commands, as well as certain maneuvers that are often referred to as “stomp and drag.”  These tactics are designed to help quell disturbances — the FBOP word for “riot” — by forcing inmates in the direction that SORT wants them to move.  This training takes place monthly for SORT members and annually for the rest of the FBOP staff.

The next time you see police engaged in crowd control on television you are watching what was perfected by prisons official through years of practice and real life action.  I participated in five disturbances.  After observing law enforcement agencies dress up in intimidating riot suits and mimic the behavior of SORT, it is clear that police are using prison tactics to intimidate and control civilian protesters.

Checkpoints & Random Pat Searches

(Source: Springfield News-Sun)

(Source: Springfield News-Sun)

In federal prison, all inmates are subject to an immediate pat search by any staff member, anywhere, at any time. If the inmate refuses, he or she is “arrested,” which entails being cuffed and escorted to administrative segregation — otherwise known as the jail within the jail.  The pat search is used to detect contraband.   All inmates returning from industrial work programs in medium and low security institutions are pat searched and metal detected before being allowed to return to their dorm.  Additionally, inmates in medium and low security institutions are pat searched when they leave food service or the “chow hall.”  In high and maximum security institutions, inmates are pat searched every time they move.  Movement in these institutions is highly controlled.

Compare this to police roadblocks and checkpoints used to perform warrantless searches for contraband.  When a person is stopped by city, county, or state police, they are visually inspected, asked questions concerning their activities, and may be asked to submit to a vehicle or personal search.  At federal roadblocks, a subject can be directed to a secondary search area at the discretion of the observing officer.  There, the person can be searched for contraband regardless of any objections, just like in a federal prison. There are dozens of federal roadblocks on roads in the southwestern United States, many of them permanent and located up to 100 miles away from the border.

It isn’t just drivers being put through such intrusion.  There is also the matter of “stop and frisk” searches which are taking place in several areas of the country.  These intrusive stops involve the stopping of a pedestrian for any reason, followed by being subjected to a police officer’s questioning and a warrantless search of their pockets, purses, bags, and property — just like a prisoner.

Mail Surveillance

(Source: Justin Sullivan / Getty Images)

(Source: Justin Sullivan / Getty Images)

Every piece of mail sent to an inmate in federal prison is opened, searched, and may be read depending on the dictates from the institutions intelligence office.  In medium and high security institutions, all mail is delivered to the unit officer unsealed so that it can be read before being delivered to the mail room.  Inmate mail  is controlled and may be copied if it is determined that there is possible criminal activity being discussed either blatantly or in code.  If something is detected it may be rejected and returned to the inmate if it violates policy.   Two examples of “rejected correspondence” are an inmate’s attempt to conduct unapproved business, or writing another inmate without permission.

Recent revelations have made it clear that Americans’ mail is being surveilled as well. The New York Times reported on how the United States Postal Service uses a “Mail Isolation Control and Tracking program” to create a permanent record of who is corresponding with each other via snail mail.  The program — secretly established in 2001 and not revealed for over a decade — assists the government in implementing blanket surveillance of every single resident of the United States.  Each piece of physical mail is photographed and stored in a database.  Law enforcement has unfettered access to this data without even the requirement of obtaining a warrant.  About 160 billion pieces of mail end up being recorded per year.

Telephone Monitoring

Is the NSA listening to your phone calls?

Is the NSA listening to your phone calls?

For decades the FBOP has possessed the capability to monitor outgoing telephone calls. However, their system required staff to sit and listen to the calls which took staff away from direct supervision of inmates. In the early 2000s, a new system was put in place that allowed any and every phone in an institution to be immediately monitored and the call recorded.

Just like in a federal prison, the NSA has the capability to track and monitor anyone’s phone conversations without recourse.  The agency can monitor text messages.  They can collect locations, times, and a log of every phone number that has been dialed by any phone in the United States.  The government can set up fake base stations to intercept phone calls.  They can hack the applications on a person’s smart phone and spy on their usage.  The NSA can even crack cellphone encryption.

Unlike the inmates who have no choice in the matter of telephone monitoring, the American people have been told about the spying but have decided not to do anything about it.

Lockdowns

National Guard soldiers lock down city streets in Boston. April 2013.  (Source: Jesse Costa / WBUR)

National Guard soldiers lock down city streets in Boston. April 2013. (Source: Jesse Costa / WBUR)

When a correctional institution has its daily operations disturbed, often times it results in a lockdown. Lockdowns usually occur after a disturbance, weather concerns, inmate escapes, rumors of a disturbance about to occur, rumored escape attempts, and institution wide searches are some reasons to lockdown.

The most notable “free world” lockdown in recent memory occurred in Boston, Massachusetts. This lockdown mirrors a federal prison lockdown that is called when the entire institution is to be searched. That is exactly what occurred in Boston. In April 2013 the Boston suburb of Watertown was locked down to the point where no one could enter or leave the town, while 9,000 law enforcement personnel and military took part in searching just about every backpack, vehicle, and home that they could get away with.

Some of the searches were voluntary, but many were not.  As SWAT teams performed systematic house-to-house searches, videos were captured of families being ripped from their home without a warrant so the police could help themselves to the inside of their homes.  What resulted had the look of prisoners being removed from their cells by a SORT unit.  Watch for yourself:

The Watertown lockdown was practice for future declarations of martial law. Those tactics had been used and perfected in our prison systems for years. Now the “free world” is getting the prison treatment with little objection from the public.  The lockdown was not necessary and served mostly to measure the public’s reaction and to establish a sense of fear and intimidation. I think it worked.

Snitching

Homeland Security propaganda poster. (Source: DHS.gov)

Homeland Security propaganda poster. (Source: DHS.gov)

The last thing I want to mention is what I call the “Moscow Law.” While growing up during the cold war, I was taught that in the USSR, people were expected to watch their neighbors, strangers, and even family and friends, and report any suspicious activity to the local police. We in America have that law. Read it below. Did you know it exists?

 Title 18 U.S.C. § 4:  Misprision of felony: Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both.

In prison, there are “snitches” everywhere.  Believe me, they are not just the inmates, they are also staff.  Programs like Infragard are attempting to do the same thing in the “free world” as it is in the imprisoned world.  Once these programs get started, they are almost impossible to stop.  What are we paying our law enforcement to do?  Protect us or detect us?  You decide.

Policy and program statements from the Bureau of Prisons are available at: http://www.bop.gov/

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Feb 172014
 
By Russ Wiles The Republic | azcentral.com Sat Feb 15, 2014 6:52 PM

Imagine that moment, maybe 3,000 years ago, when an artisan in the Middle East one day got paid not in grain but in shiny silver coins. Or that time in Colonial America when a weaver or blacksmith received wages not as coins but in freshly printed paper currency.

Both events, or something like them, marked major milestones in the evolution of money, and they had profound impacts for society and economic development.

Many people think society is now on a similar cusp with digital currencies.

The fact that bitcoins, the most prominent form, marked their fifth birthday this year strongly suggests that digital money is here to stay. Bitcoins still are not widely embraced by the public. They’re also somewhat cumbersome to use, confusing to non-tech geeks and subject to wide price swings. Yet they continue to gain acceptance. Overstock.com recently declared that it would take bitcoins in payment. The Sacramento Kings basketball team is planning to accept them for tickets. Virgin Galactic is taking them for future space flights.

Ajay Vinze, an associate dean and professor of information systems at Arizona State University’s W.P. Carey School of Business, believes digital currencies right now are about where the Internet was in 1993, shortly before it went mainstream and altered human business and communication forever.

“It’s at the early stages of being practical, when everyone’s testing it,” he said. “But once you see 100 million people using it, you’ll take a look, too.”

We’re not there yet. A December primer by the Federal Reserve Bank of Chicago estimated 30 bitcoin transactions happen every minute. That’s well below the 200,000 transactions per minute on the Visa credit- and debit-card network, but bitcoin transactions tend to be bigger in value, and commerce is growing fast.

Many media reports have been skeptical, warning that bitcoin could be a fad, if not a bubble, and pointing to recent wide price fluctuations and security stumbles. BitStamp, a Slovenia-based website that allows users to swap bitcoins for dollars and other currencies, last week fell victim to a cyberattack that forced it to halt withdrawals. Mt.Gox, another large exchange in Tokyo, cited a software snafu of its own that halted withdrawals. The two mishaps prompted one blogger to wonder whether the bitcoin world is ready for prime time.

In a January survey of 1,000 people by TheStreet.com, 76 percent of respondents said they’re not familiar with bitcoin and 79 percent vowed to never use digital currency.

Because of the anonymous nature of transactions, bitcoins also have been implicated in money laundering and other illicit commerce, with federal prosecutors last month filing charges against two individuals for allegedly using the coins to buy drugs.

Yet dollars also are used for illegal activity. And despite these and other setbacks, bitcoin is still around and growing.

It’s already an acceptable means of payment. Could it emerge as a full-fledged currency, perhaps even a dominant one?

Peter Steinmetz, a Valley medical researcher, got intrigued about bitcoins through his interest in computing. Now he uses them to buy gift cards, sold by various online firms, that can be redeemed for groceries and other products at Target and other retailers. Steinmetz has been tracking bitcoins for the past four years and predicts they eventually could supplant dollars, euros, yen and other global currencies. “The long-term prospects are extremely good,” he said.

More businesses are accepting them. The Rose Law Group in Scottsdale last summer announced it would take bitcoins as payment for legal services, apparently becoming the first law firm in the nation to do so. Partner Ryan Hurley said the company has attracted three clients who paid this way.

“It’s a very minor part of our business but an increasingly important one,” said Hurley, who has started to develop an expertise in bitcoin-related law. “Once you go down the rabbit hole, there’s a lot to look at.”

New way of thinking

Ah, the rabbit hole. It’s common to hear bitcoin enthusiasts make a reference to the term from “Alice in Wonderland” because it does require a new way of thinking about money. For thousands of years, humans required something tangible, primarily metal coins or more recently paper notes or plastic cards, as evidence that these monetary objects have value. Confidence has been affirmed by the issuance and regulation of money by governments.

Digital currencies represent a radical break from all that. They provide a way to conduct business through the Internet, person to person, without any involvement by a financial intermediary or government entity. The original paper that conceptualized bitcoins envisioned “a purely peer-to-peer version of electronic cash” that could be sent “without going through a financial institution.”

Transactions can be transmitted across national borders on a nearly cost-free basis. They’re quick, taking 10-30 minutes or so for the community of online users or “miners” to confirm each bitcoin transaction and thus validate that a coin hasn’t been spent previously.

Bitcoin allow you to send any amount to any person anywhere in the world,” said Steinmetz.

Because bitcoin transactions are direct, with no involvement from the financial system or governments, it raises questions about the role of central banks and other entities. If bitcoin usage catches on in a much bigger way and government influence wanes, that could be good or bad for economic regulation and development, depending on your viewpoint.

If bitcoin develops into a major currency, supporters predict it would be less vulnerable to inflationary pressures, because the supply of coins is designed to increase at a slowing pace and eventually become fixed at around 21 million units.

Governments have been watching from the sidelines so far, although New York’s Department of Financial Services is working on regulations that might cover capital requirements, permissible investments and consumer disclosures. Among the warnings to consumers: Once you make a bitcoin transaction, it can’t be canceled or reversed.

Role of governments

Greater government regulation is a possibility. It’s conceivable that one or more nations might prohibit their residents from using or holding bitcoins.

On the other hand, official government sanctioning of bitcoins or other digital currencies could spur rapid acceptance. Steinmetz thinks this initially might happen in a relatively poor nation that doesn’t want to shoulder the cost of maintaining its own currency. Ecuador abandoned its national currency in favor of the dollar more than a decade ago, and U.S. currency is the de facto standard in Panama and Costa Rica.

The involvement of governments as the bitcoin network matures will be a key development to watch.

“Although some of the enthusiasm for bitcoin is driven by a distrust of state-issued currency, it is hard to imagine a world where the main currency is based on an extremely complex code understood by only a few and controlled by even fewer, without accountability, arbitration or recourse,” wrote Francois Velde, a senior economist who wrote the Chicago Fed primer.

What happens if the Bitcoin network comes under harrassment or attack, especially as the value of the coins increases from current levels worth around $1 billion? “Bitcoin is free of the power of the state, but it is also outside the protection of the state,” Velde wrote.

For bitcoin to gain traction, it will need broader public trust and familiarity. That could be a challenge. Everyone knows that a dollar bill can be accepted and readily used for payment elsewhere. So too for foreign currencies, gold and so on. But what about a monetary unit that’s stored on an encrypted computer file?

Novices also will need to learn how to conduct transactions and protect themselves. You start the process by creating a virtual “wallet” protected by cryptography. You use secret codes or “keys” imbedded on your computer to unlock your wallet so you can spend bitcoins. It sounds weird and rabbit-hole-esque. On the other hand, said Vinze, young adults who are comfortable with the digital world and change in general are among the strongest proponents of bitcoin use.

Internet similarities

The bitcoin system is transparent and jointly controlled by users, much like the Internet. But the mathematical underpinnings, which dictate how coins are created and safeguards put in place, are beyond the understanding of the general public.

“At first it was basically a puzzle contest for cryptographic hobbyists, with a prize for solving an endless battery of puzzles,” wrote Nicholas Colas, chief market strategist at ConvergEx Group, a securities brokerage in New York. “Then, in 2011, bitcoin began to find an actual following.”

Perhaps the comprehension part won’t matter much, assuming bitcoin continues to operate as intended. Most people don’t understand the technical underpinnings of other financial innovations. Hardly anyone thinks twice about buying stuff over the Internet using credit and debit cards that also make use of cryptographic safeguards. The inner workings of the Internet itself are beyond the mental grasp of most mortals.

“Most people don’t want to know how electricity works, either,” Vinze said. “You just want to flip the switch and know that the lights will come on.”

Methods of payment that would have sounded absurd generations ago have become mainstream. The transition from barter to coins was the giant leap, and that was followed in later centuries by a monumental shift to paper currency. Recent decades have seen the rise (and, in some cases, fall) of checkwriting, ATMs, credit cards, debit cards, gift cards, prepaid cards, automatic bill payments, rewards points, point-of-sale swiping, banking on cellphones and more.

People adapt, and they might just be ready for bitcoin.

Bitcoin basics

Here are answers to typical questions about bitcoins.

What are digital currencies? Any currency is a means of exchange, a store of value and a unit of accounting or pricing. But unlike dollar bills, metal coins or silver bars, digital currencies aren’t tangible, with transactions conducted over the Internet. Mainstream currencies are issued and regulated by governments and are recognized as a legal way to pay debts. Bitcoin, the most prominent form of digital currency, doesn’t share these traits.

How long have bitcoins been around? Five years. They were conceptualized in an academic paper written under the apparent pseudonym of Satoshi Nakamoto.

Who owns or controls the Bitcoin network? Nobody owns it while all users control it. Think of it in the same way as the Internet, which is controlled by users following a basic set of rules.

What are bitcoins worth? More than $600 each at present, down from a peak above $1,000 but well above initial prices well below $1. Bitcoin prices fluctuate considerably, but supporters expect they will stabilize. When stability comes, that should support routine commerce rather than speculation. Then bitcoins could become more like dollars, euros, Japanese yen or other mainstream currencies that trade regularly against one another and are primarily used for commerce yet retain a speculative element.

Can I buy things with bitcoins? Yes. The list is relatively small but growing and ranges from merchandise at Overstock.com to tickets for Sacramento Kings basketball games. Smaller, routine transactions aren’t really practical because it takes several minutes for transactions to be authenticated. Customers buying a small item like a cup of coffee aren’t willing to wait that long, explained Ajay Vinze, a professor at Arizona State University. But the day is probably coming when smaller purchases can be made with bitcoins. Also, you can swap bitcoins for mainstream gift cards sold by various online firms or convert them into dollars.

How do I get started? You set up an account by installing a bitcoin “wallet” on your computer or mobile phone. One way to do so is by downloading software from bitcoin.org.

There are mathematical underpinnings to bitcoins. Do I need to understand them? You don’t need to understand them and probably won’t anyway. But one thing to note is that the supply of coins is regulated by individual and collective contributions made to the bitcoin network, through monitoring of transactions and more, said Vinze. Initially, bitcoins were awarded to sophisticated individuals with the ability and computing power to solve complex math equations. Now they’re allocated to or “mined” by parties that perform services for the network.

What are obstacles to greater bitcoin acceptance? There are many. Maybe the biggest is the time it takes for more people to understand how the process works, overcome their fears and start using the coins. As another risk, governments could suppress the market through increased regulation, possibly making transactions illegal. Taxation, assuming it’s even feasible with digital currencies, also represents an unknown.

Are bitcoins safe? That’s a multifacted question that defies a simple answer. On one level, there’s always a danger that the system could be corrupted and bitcoins stolen or counterfeited, though those also are risks for other currencies and methods of payment. On a personal level, users must be able to safeguard their own passwords and computers to minimize the dangers that coins could be taken from them. From a markets perspective, bitcoin values fluctuate against the dollar and other currencies, so there’s a risk prices could fall while you hold them.

One more thing to note: Bitcoin transactions are anonymous and there’s little recourse if you’re not satisfied with a purchase.

Reach the reporter at russ.wiles@arizonarepublic.com or 602-444-8616.

Feb 042014
 

Morpheus is invited to give a presentation on Bitcoin. Being its something to wrap your mind around, he talks about what is money actually, how the incredible fraud that the federal reserve perpetuates, and most importantly how to take advantage of Bitcoin’s incredible properties.

Bitcoins are transfered from person to person without a third part intervener like a bank or government. No one or no organization can freeze your account, there are no cost or barriers to being involved, zero or low cost to transfer money even internationally and there are no arbitrary limits.


Because of the rate of how bitcoin is mined it produces a deflationary currency contrary to the inflationary currency that is currently being produced by all other nations. The reason all countries like inflation is because when they borrow money they are able to repay the debt with “dollars” “euros” “yen” that is controlled by a third party. These evil central planners like the fact they can line their own pockets and the pockets of their friends with money created out of nothing.

Because the market cannot be fooled, the market responds to the fraudulent creation of money by prices going up. This is form of tax that is very easy to hide. In fact, Thomas Jefferson said or wrote:

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…I believe that banking institutions are more dangerous to our liberties than standing armies… The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”

Because we are moving into the future, one day at a time, it is normal to conclude that humans are going to find solutions to problems. For example, paper money did not always exist. At one point in humanity evolution, those that traded, carried their gold or silver in a bag on their belt. Well, having a big bag of gold around your belt was a great way to advertise how much you wanted to be robbed.  Hey, you have to go to sleep sometime right?

To prevent from being robbed, many people kept their gold or silver with a goldsmith / silversmith. These were people who where trusted and could afford to have other trusted people keep watch over his inventory as well as the precious metals from those who entrusted the goldsmith with their gold.  Of course the Goldsmith, received a fee for watching over other peoples precious metals. In exchange the Goldsmith / Silversmith, would give those people a receipt for the metals that he would be entrusted to protect.  It was found that people then started to trade the receipts just as well as the trade of the precious metals. This was the precursor to modern banking.

Then what happen is the Gutenberg invented the printing press. They say he was printing bibles, I say that was a cover story, just like 9/11. With the “invention” of the printing press, this allowed the banks and governments to create a giant FRAUD and at the same time cover it up. The famous Economist John Maynard Keynes said:

By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.

What bitcoin does effectively is level the playing field for everyone. The great news is that because it is leveling the field there is great opportunity to CASH in on the the leveling of the playing field. For example back in July 10 2010 YOU and I too, could have bought Bitcoins for Frn$ 0.06 but we both missed it. Had you sold those same 1428.5714 bitcoins in July 10 2011 their value in Federal reserve Notes (Frn$)would have been Frn$ 21,285.77 at Frn$14.90 Fast forward to July 10 2012 the value of them would have been about $10k cause the price went down slightly to Frn$ 7.76 still a decent profit. Move forward again 1 year to July 10 2013 and the value was Frn$ 82.26 the value would have been Frn$ 117512.29 Move forward to November 29 2013 at the top of the market those same 1428.5714 bitcoins would be worth…drumroll please… Frn$ 1.59 MILLION Dollars. We both missed that one however I am not going to miss the next big one are YOU???

Morpheus has become into a Bitcoin Evangelist of sorts, he welcomes you to get more information he is available at m-o-r-p-h-e-u-s(at)t-i-t-a-n-i-a-n-s(dot)org

Jan 302014
 

32 Statistics That Obama Neglected To Mention During The State Of The Union Address

By Michael Snyder, on January 29th, 2014

Barack Obama State Of The UnionShow this article to anyone that believes that the economy has actually improved under Barack Obama.  On Tuesday evening, Barack Obama once again attempted to convince all of us that things have gotten better while he has been in the White House.  He quoted a few figures, used some flowery language and made a whole bunch of new promises.  And even though he has failed to follow through on his promises time after time, millions upon millions of Americans continue to believe him.  In fact, you can find a list of 82 unfulfilled promises from his previous State of the Union addresses right here.  Soon we will have even more to add to that collection.  At this point, you have to wonder if Obama even believes half the stuff that he is saying.  Of course it is extremely unlikely that he is going to come out and admit that he has failed and that he has been lying to us this whole time, but without a doubt the gap between reality and what he is saying to the public is becoming ridiculously huge.  To say that his credibility is “strained” would be a massive understatement.  No, things have not been getting better in America.  In fact, they continue to get even worse.  The following are 32 statistics that Obama neglected to mention during the State of the Union address…

#1 According to a recent NBC News/Wall Street Journal poll, only 28 percent of all Americans believe that the country is moving in the right direction.

#2 In 2008, 53 percent of all Americans considered themselves to be “middle class”.  In 2014, only 44 percent of all Americans consider themselves to be “middle class”.

#3 In 2008, 25 percent of all Americans in the 18 to 29-year-old age bracket considered themselves to be “lower class”.  In 2014, an astounding 49 percent of them do.

#4 Right now there is approximately a billion square feet of vacant retail space in the United States.

#5 There are 46.5 million Americans that are living in poverty, and the poverty rate in America has been at 15 percent or above for 3 consecutive years.  That is the first time that has happened since 1965.

#6 Barack Obama says that the unemployment rate has declined to 6.7 percent, but if the labor force participation rate was at the long-term average it would actually be approximately 11.5 percent, and it has stayed at about that level since the end of the last recession.

#7 While Barack Obama has been in the White House, the number of Americans on food stamps has gone from 32 million to 47 million.

#8 While Barack Obama has been in the White House, the percentage of working age Americans that are actually working has declined from 60.6 percent to 58.6 percent.

#9 While Barack Obama has been in the White House, the average duration of unemployment in the United States has risen from 19.8 weeks to 37.1 weeks.

#10 While Barack Obama has been in the White House, social benefits as a percentage of real disposable income has risen from about 17 percent to nearly 21 percent.

#11 While Barack Obama has been in the White House, the rate of homeownership in the United States has fallen to levels that we have not seen in nearly two decades.

#12 While Barack Obama has been in the White House, median household income in the United States has fallen for five years in a row.

#13 While Barack Obama has been in the White House, the average cost of a gallon of gasoline has gone from $1.85 to $3.27.

#14 At the end of Barack Obama’s first year in office, our yearly trade deficit with China was 226 billion dollars.  Now it is over 300 billion dollars.

#15 Workers are taking home the smallest share of the income pie that has ever been recorded.

#16 Sadly, 1,687,000 fewer Americans have jobs today compared to exactly six years ago even though the population has grown significantly since then.

#17 One recent study found that about 60 percent of the jobs that have been “created” since the end of the last recession pay $13.83 or less an hour.

#18 Only 47 percent of all adults in America have a full-time job at this point.

#19 It is hard to believe, but an astounding 53 percent of all American workers make less than $30,000 a year.

#20 The Obama years have been absolutely brutal for small businesses.  According to economist Tim Kane, the following is how the number of startup jobs per 1000 Americans breaks down by presidential administration

Bush Sr.: 11.3

Clinton: 11.2

Bush Jr.: 10.8

Obama: 7.8

#21 You can still buy a house in the city of Detroit for just one dollar.

#22 The U.S. cattle herd is at a 61 year low.

#23 It is being projected that health insurance premiums for healthy 30-year-old men will rise by an average of 260 percent under Obamacare.

#24 According to the most recent numbers from the U.S. Census Bureau, an all-time record 49.2 percent of all Americans are receiving benefits from at least one government program each month.

#25 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent.  Today, it is up to 101 percent.

#26 The U.S. national debt is on pace to more than double during the eight years of the Obama administration.  In other words, under Barack Obama the U.S. government will accumulate more debt than it did under all of the other presidents in U.S. history combined.

#27 Right now, there are 1.2 million students that attend public schools in the United States that are homeless.  That number has risen by 72 percent since the start of the last recession.

#28 Only 35 percent of all Americans say that they are better off financially than they were a year ago.

#29 Only 19 percent of all Americans believe that the job market is better than it was a year ago.

#30 According to a recent CNN poll, 70 percent of all Americans believe that “the economy is generally in poor shape”.

#31 According to a recent Pew Research survey, only 19 percent of all Americans trust the government.   Back in 1958, 73 percent of all Americans trusted the government.

#32 According to another poll that was recently released, 70 percent of all Americans do not have confidence that the government will “make progress on the important problems and issues facing the country in 2014.”

Jan 292014
 

I’m Five…Wats Bitcoin Daddy?

If you still can’t figure out what the heck a bitcoin is…

We’re sitting on a park bench. It’s a great day.

I have one apple with me. I give it to you.

You now have one apple and I have zero.

That was simple, right?

Let’s look closely at what happened:

My apple was physically put into your hand.

You know it happened. I was there. You were there. You touched it.

We didn’t need a third person there to help us make the transfer. We didn’t need to pull in Uncle Tommy (who’s a famous judge) to sit with us on the bench and confirm that the apple went from me to you.

The apple’s yours! I can’t give you another apple because I don’t have any left. I can’t control it anymore. The apple left my possession completely. You have full control over that apple now. You can give it to your friend if you want, and then that friend can give it to his friend. And so on.

So that’s what an in-person exchange looks like. I guess it’s really the same, whether I’m giving you a banana, a book, or say a quarter, or a dollar bill….

But I’m getting ahead of myself.


Back to apples!

Now say, I have one digital apple. Here, I’ll give you my digital apple.

Ah! Now it gets interesting.

How do you know that that digital apple that used to be mine, is now yours, and only yours? Think about it for a second.


It’s more complicated, right? How do you know that I didn’t send that apple to Uncle Tommy as an email attachment first? Or your friend Joe? Or my friend Lisa too?

Maybe I made a couple of copies of that digital apple on my computer. Maybe I put it up on the internet and one million people downloaded it.

As you see, this digital exchange is a bit of a problem. Sending digital apples doesn’t look like sending physical apples.

Some brainy computer scientists actually have a name for this problem: it’s called the double-spending problem. But don’t worry about it. All you need to know is that, it’s confused them for quite some time and they’ve never solved it.

Until now.

But let’s try to think of a solution on our own.

Ledgers

Maybe these digital apples need to be tracked in a ledger. It’s basically a book where you track all transactions — an accounting book.

This ledger, since it’s digital, needs to live in its own world and have someone in charge of it.

Say, just like World of Warcraft. Blizzard, the guys who created the online game, have a “digital ledger” of all the rare flaming fire swords that exist in their system. So, cool, someone like them could keep track of our digital apples. Awesome — we solved it!


Problems

There’s a bit of a problem though:

1) What if some guy over at Blizzard created more? He could just add a couple of digital apples to his balance whenever he wants!

2) It’s not exactly like when we were on the bench that one day. It was just you and me then. Going through Blizzard is like pulling in Uncle Tommy(a third-party) out of court(did I mention he’s a famous judge?) for all our park bench transactions. How can I just hand over my digital apple to you, like, you know— the usual way?

Is there any way to closely replicate our park bench, just you-and-me, transaction digitally? Seems kinda tough…


The Solution

What if we gave this ledger — to everybody? Instead of the ledger living on a Blizzard computer, it’ll live in everybody’s computers. All the transactions that have ever happened, from all time, in digital apples will be recorded in it.

You can’t cheat it. I can’t send you digital apples I don’t have, because then it wouldn’t sync up with everybody in the system. It’d be a tough system to beat. Especially if it got really big.

Plus it’s not controlled by one person, so I know there’s no one that can just decide to give himself more digital apples. The rules of the system were already defined at the beginning. And the code and rules are open-source—you know, kinda like the software used in your mom’s Android phone. Or kinda like Wikipedia. It’s there for the smart people to contribute to, maintain, secure, improve on, and check on.

You could participate in this network too and update the ledger and make sure it all checks out. For the trouble, you could get like 25 digital apples as a reward. In fact, that’s the only way to create more digital apples in the system.

I simplified quite a bit

…but that system I explained exists. It’s called the Bitcoin protocol. And those digital apples are the “bitcoins” within the system. Fancy!

So, did you see what happened? What does the public ledger enable?

1) It’s open source remember? The total number of apples was defined in the public ledger at the beginning. I know the exact amount that exists. Within the system, I know they are limited(scarce).

2) When I make an exchange I now know that digital apple certifiably left my possession and is now completely yours. I used to not be able to say that about digital things. It will be updated and verified by the public ledger.

3) Because it’s a public ledger, I didn’t need Uncle Tommy(third-party) to make sure I didn’t cheat, or make extra copies for myself, or send apples twice, or thrice…

Within the system, the exchange of a digital apple is now just like the exchange of a physical one. It’s now as good as seeing a physical apple leave my hand and drop into your pocket. And just like on the park bench, the exchange involved two people only. You and me — we didn’t need Uncle Tommy there to make it valid.

In other words, it behaves like a physical object.

But you know what’s cool? It’s still digital. We can now deal with 1,000 apples, or 1 million apples, or even .0000001 apples. I can send it with a click of a button, and I can still drop it in your digital pocket if I was in Nicaragua and you were all the way in New York.

I can even make other digital things ride on top of these digital apples! It’s digital after-all. Maybe I can attach some text on it — a digital note. Or maybe I can attach more important things; like say a contract, or a stock certificate, or an ID card…


So this is great! How should we treat or value these “digital apples”? They’re quite useful aren’t they?

Well, a lot of people are arguing over it now. There’s debate between this and that economic school. Between politicians. Between programmers. Don’t listen to all of them though. Some people are smart. Some are misinformed. Some say the system is worth a lot, some say it’s actually worth zero. Some guy actually put a hard number: $1,300 per apple. Some say it’s digital gold, some a currency. Other say they’re just like tulips. Some people say it’ll change the world, some say it’s just a fad.

I have my own opinion about it.

That’s a story for another time though. But kid, you now know more about Bitcoin than most.

 

Jan 202014
 

Morpheus Titania: Businessman, activist, Bitcoin Sales

Morpheus has chosen to live outside the “system” ever since the events of 9/11. At that time he was co-owner of Direct Mail Business known as “The Direct Hit” The company was started in his home. The Company did $300,000 in 2000 and $1.5 Million in sales from January 2001 to August 2001. After the Events of 9/11, first with the “terrorist” of planes being flown into buildings, then with the Anthrax in the mail, September sales were tanking from $250,000 in June and August 2001 to $5,000 in September 2001. With all contracts being canceled all the salesmen quit, cause they weren’t selling anything. With his formerly thriving business imploded, this left Morpheus had a great deal of time on his hands to study the events of 9/11. He came to the irrefutable proof that at bare minimum there was a massive co-ordinated coverup of the events of 9/11. Since that time he has been removing himself more and more from that “SYSTEM”.

Prior to owning The Direct Hit” Morpheus worked at the number 1 Dodge store in the world as a top producing salesman, as well as being a top producing gold certified Fleet manager.

Working outside of the system for over 10 years has lead him to the wonderful qualities of the digital currency known as Bitcoin. Bitcoin has many desirable qualities:

  • Bitcoins are transferred from person to person via the internet.
  • Any amount of Bitcoin can be easily transferred locally or internationally for pennies.
  • Bitcoin transactions happen instantly and the transaction clearing happens in 10 minutes.
  • properly protected Bitcoins are virtually impossible to be steal.
  • A Bitcoin “account” can’t be frozen.
  • Bitcoin has no prerequisites or limits.

Morpheus has been selling Bitcoin with a fervor of a man on a mission. The old decrepit systems of the Banks, Organized Religion and Government (The BORG) are failing humanity at every level. Through the use of Bitcoin, is how the old power structure will be made obsolete. He applies his 20 years of sales and marketing experience to Bitcoin marketing and sales.  Because of his rock solid reputation, He is one of the biggest sellers in the Phoenix area.

Morpheus is now semi retired as a bitcoin trader / entrepreneur. He got started selling in March 2013 when Bitcoin was selling for $31. He has successfully done traded over 1000 bitcoins in the past year. He uses his role as an activist now, to promote the use of Bitcoins by businesses. Business that accept Bitcoin have a unique advantage over other business that do not accept Bitcoin, because there are many people out in the world that have bitcoins and want to spend them at participating merchants.  Not accepting Bitcoin in the future

Because of the unique nature of Bitcoin, it is very possible to acquire sizable wealth by taking advantage of Bitcoins incredible DEFLATIONARY Nature. This means things in the future will cost less than in the past.  This is exactly the opposite of the de Facto system most of us live under.  Many of us know there is a financial shit storm brewing on the horizon. Every single inflationary monitory system the world has ever seen has eventually destroyed itself.  Are we so pompous to believe that human nature is going to be any different now then any other time in history. Do you trust the “government” to save you?

Many of us know, the current status quo system provides a unique relationship between the Banks and the Government that allows these 2 institutions to do anything they want, even when it is to the detriment of humanity.  Bitcoin and crypto-currency is the way We The People, take back control of our lives.  With Bitcoin, Banks are no longer needed. Now, anyone can be a bank and the fees are a whole lot less.  Banks will simply fade away, like the old vinyl record and carburetor companies did, when the CD and fuel injection was introduced. Government bureaucracy will also diminish as they won’t have unlimited resources to implement their fraudlent schemes.

For Businesses, it’s like the Gold Rush or the Internet boom all over again.  Business that accept Bitcoin have significant advantages over business that have yet to take bitcoin.  Many of us know that Credit Cards are insecure, in the past even large institutions like Target and Home Depot have had Credit Card security breaches; with Bitcoin an invalid or counterfiet transaction is statistically IMPOSSIBLE!  Retailers pay between 2-5% for the use of credit cards. Using Bitcoin there is never a fee, unless the merchant wants to convert the Bitcoins to de facto currency like dollars or euros’s. There are Bitcoin exchanges like Coinbase who will convert the Bitcoins into Currency for 1%, although the first million dollars is a zero fee.

Even more importantly than saving money for a business is access to new customers.  Like a said earlier all business have 2 requirements, you have to find new customers and service the ones you have.  The Bitcoin community does all this for you.  Most people involved in Bitcoin want to see it succeed, well in order to have it succeed it has to be promoted.  Whats the best way to promote a new currency, is to use it.  So a business that accepts Bitcoin, is going to automatically earn my business, every time.  Lets take where my office is, in the complex is Ashleigh’s Cafe, she takes Bitcoin because i introduced it to her.  Ashleigh’s Cafe is listed with other Merchants on Airbitz.co It made sense and now every morning I go to her Cafe to get coffee and something to eat and I pay her with Bitcoins.  She wins my business BECAUSE she accepts Bitcoin.  There are business all around town that take Bitcoins, when I need something they offer, I buy it from them.  Whats the expense? Zero.  I had her download an Free app and she is now accepts Bitcoin.

Business that do not convert their Bitcoins into cash get to take advantage of the deflationary nature of Bitcoin.  Even with the huge fluctuations the general trend has been in the for the rise of the price of Bitcoins vs the fiat monetary systems.  For example, the first known Bitcoin trade occurred on May 22, 2010.  On that date, a guy from Fort Lauderdale sent 10,000 Bitcoins to a guy in England, who then bought $30 worth of Pizza, for the guy in Ft. Lauderdale. That established the price at btc 10,000 / $30 = $.003 per Bitcoin. As of this writing the price of Bitcoin is $263.28. so the guy with the 10,000 bitcoins has profit of 2.63 Million dollars!

Jan 162014
 

Irena Sendler Smuggles 2500 children out of Warsaw ghetto

Irena Sendler Saves children Irena Sendler
Died: May 12, 2008 (aged 98)
Warsaw , Poland
Irena Sendler memorial

During WWII, Irena Sendler got permission from the Nazi’s  to work in the Warsaw ghetto, as a  Plumbing / Sewer specialist.

She had an ulterior  motive. Irena smuggled Jewish infants out in the bottom of the tool box she carried. She also carried a burlap sack in the  back of her truck, for larger kids. Irena kept a dog in the back that  she trained to bark when the Nazi soldiers let her in and out of the ghetto.

The soldiers, of course, wanted  nothing to do with the dog and the barking which covered the kids/infants noises.

E1B3DBDDC1B346819CF95A727AB404F5@YOUR4E4487E7ED
During her time of doing this, she  managed to smuggle out and save 2500  kids/infants. Ultimately, she was caught,  however, and the Nazi’s broke both of her legs and arms and beat  her severely. Irena kept a record of the names of all the kids she had smuggled out,  in a glass jar that  she buried under a tree in her back yard.  After the war,  she did her best to locate any parents that may have survived and to reunite the families

.
Most had been gassed. Those kids she helped got placed into foster family homes or adopted.

1678B06994CB46B093D2507570AE2CE5@YOUR4E4487E7ED

Slide Show Wins Peace Prize

In 2007 Irena was up for the Nobel Peace Prize. She was  not selected. Politician, Al Gore won, for a slide show on  Global Warming. Later another politician, Barack Obama, won for his work as a community organizer for  ACORN.

In  MEMORIAM – 65 YEARS LATER
I’m doing my small part by  forwarding this message. I hope you’ll consider doing the  same.  It is now more than 67 years since the Second World War in Europe ended. This  article is  a memorial chain,  In memory of the six  million Jews, 20  million Russians, 10 million  Christians and 1,900 Catholic priests who were  murdered, massacred, raped, burned, starved and  humiliated! Now, more than ever, with  Iran , and others,  claiming the HOLOCAUST to be ‘a myth’, it’s imperative to  make sure the world never forgets,because there are others who would like to do it again. This e-mail is intended to reach  40 million people worldwide!

Join us and be a link in the memorial  chain and help us distribute it around the  world. Please send this e-mail to people you  know and ask them to continue the memorial chain. Please  don’t just delete it.. It will only take you a minute to pass  this along.

Denise (Dede) Snyder
Granite City Abstracting
9015 Ogden Ave NE
Otsego, MN 55330
Ph:320.290.5384
g-c-a-b-s-t-r-a-c-t-i-n-g@g-m-a-i-l.c-o-m
Take care and Blessings to you and yours. Sue Anne
Everything happens for a reason and a purpose and it serves you!

Life is about to surviving the storm, and how having fun to dancing in the rain.
God and Bitcoin We Trust!
Your Thoughts, they become Words.
Your Words,  they become Actions.
Your Actions, for they become Habits.
Your Habits, for they become Character.
Your Character, becomes your Destinee.”

Jan 012014
 

2014 The Year of Bitcoin

Patrick L Young is expert in global financial markets working in multiple disciplines, ranging from trading independently to running exchanges.Published time: December 31, 2013 05:35
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Like it or love it, bitcoin has been a constant theme of headlines for the past year, as 2013 marked its coming of age.

Last year’s nerd money fad has become this year’s most talked about product.

Ultimately, nature abhors a vacuum and with western political leadership an increasingly distant memory, citizens are becoming increasingly restive about the parlous state of financial governance. Throughout the West, the ravages of quantitative easing [QE] have helped the wealthiest prosper, while ordinary citizens have struggled through a grinding economic plight, which has left voters feeling increasingly abandoned by government.

Into this void has stepped something which had been mooted for many years: a popular electronic currency. Bitcoin is filling a gap self-interested central bankers are keen to suggest doesn’t need filling. Establishment media has been wrong-footed as the Copernican Revolution in finance creates not just bitcoin but a series of parallel financial universes where independent money is at the center of commerce, as opposed to government manipulated fiat currency.

Meanwhile, bitcoin may not be the cryptocurrency the world uses in a decade and the biannual obituaries may yet prove right! As 2013 concluded, BTC’s value had multiplied albeit off its highs after the Bank of China endeavored to close the door to the threat of a backdoor floatation of the renminbi.

In reality, BTC is still remarkably small – growing exponentially from about 142 million dollars to circa 8 billion by Christmas. In other words, the total value of bitcoin amounts to the annual GDP of the Bahamas. Clearly bitcoin isn’t economically significant, yet. However, it now has its first ATM and many have bought beers, lattes and even homes with BTC this past year.

Naturally bankers of all shades are scared of losing their monopolist grip on money, yet given the vast inefficiency of their decrepit systems, it is probably already too late. Decentralized money is an idea whose time has come. Bitcoin is the breakthrough currency creating a widespread consciousness that there is an alternative to holding greenbacks, or lugging a trunk full of gold around.

 

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Perhaps the most surprising thing about bitcoin is, in essence, the banality of the arguments. When all else fails, skeptics just cry tulipmania. Indeed, bitcoin bubbled and almost halved in value before the year’s end, but then again, thanks to the idiocy of the banker-government nexus in the last decade, just about every asset bubbled then and a great deal are bubbling now, like art and classic cars, thanks to QE [quantitative easing].

Yes, people steal bitcoins and these thefts are techno-mythologized by scaremongering media. Yet stealing bitcoin is just a virtual variant of traditional pickpocketing. Indeed BTC has been used to finance crime, just like the dear old anonymous bearer bond dollar is beloved of drug cartels. Some American security agencies have expressed concern about their lack of control over bitcoin, but they had an annus horribilis, during which, despite their vast overarching eavesdropping capacity, they still failed to see their own currency woes coming.

While price inflation is the first thing everybody recalls about bitcoin in 2013, what really defines its incredible year was how it slipped out of nerds’ virtual wallets into the mainstream. An 8 billion dollar asset leveraged its value to dominate the headlines and gain widespread recognition. Germany legalized it and many nations acknowledged it – even the US courts. That Norway called it an asset was seen as a dreadful slight; rather it was a splendid incremental step to wider appreciation. In the end, China and Thailand pushed back against the bitcoin juggernaut. The latter is hardly of global economic significance, while the former maintains a closed currency regime.

The year of bitcoin began with the currency on the fringes of digital society, but by the end of the year it was clearly “merging with the mainstream”. Decentralized crytocurrency is still in its infancy but the argument against central bankers’ follies is being won across the globe. After all, you can’t ‘clip’ bitcoin to degrade its value, nor can you inflate its value with QE or other flawed government policies.

2013 ended with citizens increasingly alienated from government as a monetary ally and edging closer to “In Bitcoin we Trust”. Bitcoin itself may only be the first stage of a revolution, similar perhaps to the Netscape browser at the birth of the web, or the Ford Model T which popularized automobile transport. Ultimately, however you look at it, this was the year when bitcoin made its irrevocable mark on history.