Big in Venezuela: Bitcoin Mining

Hyperinflation has driven thousands to seek out unorthodox currency.

From The Atlantic.com In Venezuela, home to some of the worst hyperinflation since the Weimar Republic, a Big Mac costs about half a month’s wages. Or rather, it did, until a bread shortage forced the burger off the menu. The annual inflation rate is expected to hit 1,600 percent. Life resembles an old newsreel: long lines, empty shelves, cashiers weighing stacks of bills.

To survive, thousands of Venezuelans have taken to minería bitcoin—mining bitcoin, the cryptocurrency. Lend computer processing power to the blockchain (the bitcoin network’s immense, decentralized ledger) and you will be rewarded with bitcoin. To contribute more data-crunching power, and earn more bitcoin, people operate racks of specialized computers known as “miners.” Whether a mining operation is profitable hinges on two main factors: bitcoin’s market value—which has hit record highs this year—and the price of electricity, needed to run the powerful hardware.

Continue reading Big in Venezuela: Bitcoin Mining

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Health Ranger BitCoin Questions Answered

The Health Ranger Mike Adams and Natural News.com

Recently the Health Ranger Mike Adams  publicly issued questions for the community to answer.  Here are the answers from an actual computer techie who works with digital assets on a daily basis.

Question #1) Apple produces iPhones. Amazon produces fulfillment services for millions of products. What does Bitcoin produce?

Digital Assets produce a functioning alternative to UNLIMITED RE-HYPOTHECATION of DEBT; that is called “The Federal Reserve” and “Debt as Money Ponzi scheme.”  The value is in its processes, and the ability to be TRUSTLESS.

Question #2) Bitcoin’s “value” has increased by 350% in the last 12 months. What has Bitcoin introduced in that time period that would justify a 350% increase in its value?

Several Things:
Continue reading Health Ranger BitCoin Questions Answered

AI Revolution: It’s officially “1984”- Chinese Robotic Legal Judges, Communist AI “Re-Education”, and Taxes on the Blockchain

It’s official: Google, Facebook, etc are now using Artificial Intelligence to automate many of their functions.   Most particularly, the AI scans search, comments, videos, etc for “corporate policy infringements, marks the various media, and starts removing content from public view; as it is also linked to the Search Results.

These AI engines are blocking content about AI.  These AI engines also block anything that goes against the “publicly preached historical beliefs.”  The American Historical Association is/was the organization tasked with “keeping official American History.”  For instance, the AHA is/was the reason why 9/11 can only be crime by “al-CIAda Arab Terrorists.”   Everyone with a Social Security Number must “publicly comply” with the history that only the AHA has pre-determined.  (Note: look into the AHA and Smithsonian Museum “unusual artifacts” warehouse/s)  Any “Artificial Person” that goes again “its” programmed history is/was deemed “legally incompetent”…  which is 99.9% of all people.

China is moving in the direction of Artificial Intelligence and Digital currencies extremely deeply and with conviction.  It provides a “decision model” that they could actually outpace and out maneuver the criminal UNITED STATES Corporation Elites.  China and Russia already have a dozen or more manhattan projects into Tesla Technologies according to Tom Bearden.  The Russians and Chinese would destroy the UNITED STATES in any war within days.  Apparently, Congress has even been warned of these facts (via Ben Fulford).  Trump too was sworn in to these top secret intelligences being leaked here.  These extreme ET and ET-like technologies play out before our very eyes.

China has deployed “Legal Robots” to help decide sentencing in thousands of cases.

Continue reading AI Revolution: It’s officially “1984”- Chinese Robotic Legal Judges, Communist AI “Re-Education”, and Taxes on the Blockchain

The AI Revolution Won’t Stay in Los Vegas- New Bar “The Tipsy Robot” Replaces Bartenders with Digital Machines

By: belisoful© 2017.06. 29 (Los Vegas, North America)-  A new Robotic bar has been developed in Los Vegas, Nevada called “The Tipsy Robot.”  The bartender is a robot and makes the perfect drink and nearly identical drinks each time.  This Robotic Bartender doesn’t take tips nor gives any advise/crack-ups.  Wages?  Forget it.

The development fees were probably relatively high for a restaurant but the long term costs would be minimized.  The novelty and first mover advantage is perceived as profitable.  The Robotic take-over of service jobs has begun.  This AI Robotic Revolution won’t stay in Los Vegas.  Indeed, McDonalds is replacing 2,500 workers with kiosks and Walmart is cutting 7,000 due to robotic automation.

The jobs left for humans are getting cleared out.  This is reason alone for “Universal Guaranteed Basic Income” for all “human Persons.”  The United States has required Universal Basic Income since 1938.  Canada is putting Universal Basic Income to the test. The need for such measures was never so pressing, as the world falls further into unrecoverable debt.  The Debt Bubble is the greatest bubble ever designed by International Bankers.

Continue reading The AI Revolution Won’t Stay in Los Vegas- New Bar “The Tipsy Robot” Replaces Bartenders with Digital Machines

Nevada Passes New Bill: Free-Trade Zone for Digital Currencies

While New York Inc and California Inc are attempting to literally franchise digital currencies with “BitLicenses” for a Fee, limiting digital rights, Nevada supports Digital Currencies.  Nevada is similar to Delaware in their open franchising and friendliness of and to “in/sub-corporations.”

Signed Into Law: Nevada Becomes Free-Trade Zone For Bitcoin And Other Blockchains

This could make Nevada a hub for blockchain startups and it certainly offers agorist opportunities. In this video, Vin Armani examines a brand new law in his home state of Nevada that creates a free-trade zone for cryptocurrencies and other blockchain applications exempting them from regulations. The law prohibits taxing and regulating blockchain businesses.

Check out the details below: Continue reading Nevada Passes New Bill: Free-Trade Zone for Digital Currencies

New Laundering, Terrorist Financing, and Counterfeiting Act of 2017 Imposes More Codes on Cash and Digital Currencies

You won’t believe this stupid new law against Cash and Bitcoin

This one is almost too ridiculous to believe.

Recently a new bill was introduced on the floor of the US Senate entitled, pleasantly,

“Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”

You can probably already guess its contents.

Cash is evil.

Bitcoin is evil.

Now they’ve gone so far to include prepaid mobile phones, retail gift vouchers, or even electronic coupons. Evil, evil, and evil.

These people are certifiably insane.

Among the bill’s sweeping provisions, the government aims to greatly extend its authority to seize your assets through “Civil Asset Forfeiture”.

Civil Asset Forfeiture rules allow the government to take whatever they want from you, without a trial or any due process.

Continue reading New Laundering, Terrorist Financing, and Counterfeiting Act of 2017 Imposes More Codes on Cash and Digital Currencies

State of New York Converts Digital Rights to Use Bitcoin into Privilege with a License for a Fee in Violation of Legal Precedence

The State of New York has converted Digital Rights –using Bitcoin, “virtual”-digital currencies and Block-chain technology– into a privilege with a License for a Fee.  The New York Department of Financial Services called it a BitLicense and is “required” for all businesses transacting Virtual Currencies like a bank.

The goal is to “regulate bitcoin and virtual currencies.”  However, there is nothing “legal” about virtual currencies.  Digital Currencies are entirely NON-LEGAL and only LAWFUL.  The NY-DFS has been sneaky about it too:

A business must obtain a BitLicense if it engages in virtual currency business activity involving New York State or persons that reside, are located, have a place of business, or are conducting business in New York.

Such regulation “shadow bans” all “STATE OF NEW YORK ARTIFICIAL PERSONS/CITIZENS” from various digital currency networks.   See The Real Cost of Applying New York BitLicenses.

Frost estimated the [BitLicense] application cost Bitstamp roughly $100,000, including time allocation, legal and compliance fees.

Continue reading State of New York Converts Digital Rights to Use Bitcoin into Privilege with a License for a Fee in Violation of Legal Precedence

Bank Insider Describes Inept Obsolete Global Banking System -The Reasons to use Bitcoin

These are the style of banking computers still used by major banks today.  They are slower than your smart phone and tablet.

All banks COPY debts for a transfer.  They don’t actually TRANSFER debt.  Each bank creates a whole new set of “debt” -by loaning it into existence- for any particular “negotiable instrument.”  That’s why it takes 2-3 days for ACH and Checks to clear…  the negotiable instrument technically MUST go into DISHONOR for the bank to replicate the debts in the ways they need to maximize shareholder profit.  The banks aren’t even waiting the 3 business days any more… they are just replicating debt with honor because that’s what they do.

Given all the non-sense with the banking system… and that there literally isn’t enough value to go around for most people on the planet, Digital Currencies are a perfect replacement available right this very moment, NOW.

Bitcoin and all the other alt-coins do not use millennia old definitions of DEBT-lack based “Wealth” like the Rothschild Central Banks.  Digital Currencies -like Bitcoin, Ethereum, Monero, Zcash, etc- are CREDITS without usury.  The seigniorage is mined democratically by the people for the people and is share with and for our benefit.  The Central Bank of Central Banks -Bank of International Settlement in Jesuit Switzerland– even claims that Digital Currencies could hurt their “debt profits” and entirely disrupt the central bank model.

Continue reading Bank Insider Describes Inept Obsolete Global Banking System -The Reasons to use Bitcoin

Bitcoins reach $2000- Is Bitcoin being Attacked with Subversive Transactions?

There are many things being done and said to generate distrust of bitcoins, such as the German Central Bank Warning Not To Use Bitcoin As It Is Not Backed By A Central Bank.

The banks have been “investigating”, investing in, and creating their own digital currencies…  so has the governmental service corporations (FBI, DEA, US Secret Service, CIA, NSA [spying], Pentagon, Federal Reserve [their white papers on bitcoin], ECB [white papers]).

The FBI’s Bitcoin address in known.

These block-chain technologies are highly studied: academically, technologically, mathematically, information network systems dynamics, financially, etc with many case studies.  The bankers and attorneys have an infinite amount of debt to influence and harm the perception of bitcoin and related digital currencies.

Continue reading Bitcoins reach $2000- Is Bitcoin being Attacked with Subversive Transactions?

Latest CIA Hacking Tools Used to Propagate XMR Monero Digital Currency Mining – XMR Rises 50%

“It’s Much Bigger Than WannaCry”: New Stealthy Cyberattack Could Dwarf Last Week’s Global Worm Epidemic

Another large-scale, stealthy cyberattack is underway on a scale that could dwarf last week’s assault on computers worldwide, a global cybersecurity firm told AFP on Wednesday.

Meet Adylkuzz – the new cyberattack that “is much bigger than WannaCry.”

Continue reading Latest CIA Hacking Tools Used to Propagate XMR Monero Digital Currency Mining – XMR Rises 50%

More Market Indexes than Stocks they Measure Heralds the End of Relevancy for Entire Ponzi Debt Financial System

When there are more ways to MEASURE/Index the the Stocks than there are actual stocks, it is a sign that the system is too complex to be relevant.  Get out.  Sell Everything Now.

WTF Chart Of The Day: There Are Now More Indexes Than Stocks

Continue reading More Market Indexes than Stocks they Measure Heralds the End of Relevancy for Entire Ponzi Debt Financial System