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Rickard Falkvinge: Is Bitcoin a Threat to US National Security?

Money, P2P / Panarchy, Politics
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Rickard Falkvinge
Rickard Falkvinge

Can Bitcoin Bring Down (What's Left Of) the US Economy?

Swarm Economy:  Bitcoin represents a significant threat to the currency domination of the USA, which is the only thing propping up the nation’s status as a worldwide superpower. Following the USA’s defaulting on all its international loans on August 15, 1971, the US trade balance has been maintained using a combination of military threats and telling people to buy US dollars just to fund the ongoing consumption of the USA. Where other world currencies have failed to challenge the USD, and therefore this mechanism of maintaining US economic dominance, bitcoin may succeed.

EXTRACT

What would happen if the US were one day unable to continue its overspending? We would see a mighty crash of the global economy, but more importantly, the US would come down in a Soviet-style collapse, only much worse due to structural differences. (To understand these differences, consider the fact that public transport kept running through the Soviet collapse, and that most families were well-prepared for food shortages. In the US, you would instead have people stranded in suburbs with no fuel, food, or medicine – only lots of weapons and ammo. See Orlov’s collapse gap for more on this structural difference.)

Enter bitcoin, which can break the cycle of borrowing and overspending.

As we observed, the key reason that people are forced to buy US Dollars today is that it’s the international mechanism of exchange of value. If you want a gadgetoid from China or India, you need to first buy US dollars, and then exchange the US Dollars for the gadgetoid. But as we have seen, bitcoin far outshines the US Dollar in every aspect as a value token for international trade. Using bitcoin is cheaper, easier, and much much faster than today’s international systems for transfer of value.

Pretty much everybody I’ve spoken to who is involved in international trade would switch to a bitcoin-like system in a heartbeat if they were able to, venting years of built-up frustration with the legacy banking system (which uses the USD). If that happens, the US won’t be able to find buyers for its newly-printed money that keeps its economy propped up (and its military funded).

If the cycle of dollar lock-in breaks, the United States of America comes crashing down. Hard. It would seem inevitable at this point, and bitcoin may be the one mechanism that breaks the cycle.

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SchwartzReport: US Elective Invasion & Occupation of Iraq: Gift to China (and Iran),. Biggest Blunder Ever, Biggest War Crime in Modern History

02 China, 04 Inter-State Conflict, 05 Civil War, 05 Iran, 07 Other Atrocities, 08 Wild Cards, 10 Security, 11 Society, Corruption, Cultural Intelligence, Government, Idiocy, IO Deeds of War, Peace Intelligence
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schwartz reportYou and I, thanks to Dick Cheney, Donald Rumsfeld, Paul Wolfowitz, Daniel Pipes, and a number of other lesser neocons, and an almost fatally incurious President, spent over a TRILLION dollars of public money, and squandered the lives of tens of thousands of young Americans who were killed, wounded, or permanently maimed, in order to achieve… nothing… for either America or Iraq, as t! his report makes clear.

Historians, I think, will say it was the worst foreign policy blunder in U.S. history. It has resulted in the destabilization of an entire region of the world, sucked out the money that should have gone to rebuilding our infrastructure and our schools, and laid the foundation for generations of anti-American hate throughout the Islamic world.

Fears of Civil War in Iraq After 1,000 Are Killed in a Month
PATRICK MARKEY – NBC News

As the previous story pointed out the deaths of thousands of Americans and some far large but never accurately counted number of Iraqis, and the wounding and maiming of hundreds of thousands of Americans and Iraqis produced no benefits for either country and great damage to both. Even on the terms the neocons argued for the war: it would protect Iraq's massive o! il supplies for the U.S. (read the neocons' corporate masters) turns out to be wrong, as this story makes clear. Everything the Bush Administration based its policy decisions on was wrong, and China is the main beneficiary.

China Is Reaping Biggest Benefits of Iraq Oil Boom
 TIM ARANGO and CLIFFORD KRAUSS – The New York Times

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Benjamin Fulford: Global Chaos, Cabal Crumbling

Commercial Intelligence, Cultural Intelligence, Earth Intelligence, Peace Intelligence
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Benjamin Fulford
Benjamin Fulford

Last week multiple high level sources all confirmed an intensifying battle for control of the global financial system and thus the future of humanity. In the public sphere this is appearing in the form of riots in Turkey, blockades of the European Central Bank and massive global protests against Monsanto among other things. Under the surface there has been a rash of intrigues, arrests, threats and counter-threats. New alliances have also been reached between previously opposing forces, according to multiple high level sources.

In Asia, China, South Korea, Japan and the United States have all agreed on forcing regime change in North Korea, according to a senior Chinese government agent. This was confirmed by a gnostic Illuminati grandmaster and Russian FSB agent who said that Kim Jong-un would have to be removed. The North Koreans, now run by an elderly general, want peace.

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Search: “osc” and “osint”

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OSC (CIA Open Source Center) does not do Open Source Intelligence (OSINT).  It does OSIF (Open Source Information) and then compounds that inadequacy by classifying what it does produce.  Its outreach, as with outreach across the US national security archipelago, is trivial to the point of being unprofessional.  To better understand the persistent inadequacies of the OSC (that also destroyed the perfectly good, even stellar, Foreign Broadcast Information Service (FBIS) valued by academics world-wide), see:  2004 Modern History of Public Intelligence and the Opposition.

To understand how the OSC (and NATO) have completely neglected OSINT in favor of OSIF, see this commentary from the father of OSINT for NATO:

2012  BGen James Cox, CA (Ret) On the Record on Open Source Information versus Open Source Intelligence versus Secret Intelligence

A partial excuse for OSC's incapacity is the internal fractionalism within CIA — the Directorate of Operations (DO), traditionally focused on clandestine human intelligence (HUMINT) and overt debriefings of legal travelers in the USA, refused to let OSC do overt human exploitation that is easily 80% if not more of the total open source information terrain.  Beyond that OSC suffers the same culture, history, and language short-falls as any US organization that insists its employees all have secret clearances, and lacking indigenous human access, cannot overcome their myopic perspective.

There are only three people associated with CIA that we consider respectably informed about OSINT as it could be but it not:  Joe Markowitz, Carol Dumaine, and Kevin Sheid.

Everything published in the past 20 years on OSINT in CIA's house journal, Studies in Intelligence is mediocre.  For two books that grasp the larger picture and that we strongly recommend, see:

Review: No More Secrets – Open Source Information and the Reshaping of U.S. Intelligence

Review: Open Source Intelligence in a Networked World

For informed views from over 250 international experts who actually know something about OSINT, see:

Here are some of the OSINT overviews we consider useful:

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Chuck Spinney: The Oslo Peace Process Scam

01 Agriculture, 06 Genocide, 07 Other Atrocities, 08 Wild Cards, 11 Society, 12 Water
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Chuck Spinney
Chuck Spinney

The chart below shows that Oslo Peace Process was simply a cover and deception operation to ensure Israel's successful colonization of West Bank

The graph on the left shows how the settler buildup was not even slowed down by the so-called Peace Process. Note also how the rate of settlement in the West Bank accelerated after the accession of Barack Obama to the Presidency. The map on the right lays out locations of settlements (red areas). Areas A (brown) and B (tan) are the areas under varying degrees of Palestinian control as of 2012. Not shown are the Israeli only access roads connecting the settlements and the Israeli roadblocks that effectively restrict Palestinian travel among their areas, stifling the flow of Palestinian commerce. Also not shown is the fact that Israelis control all but one or two of the major springs in the West Bank and all of the pumping stations that extract water from the crucial aquifers lying under the West Bank. (One third of Israel's water budget comes from the aquifers under the West Bank)

Click on Image to Enlarge
Click on Image to Enlarge

So, why did President Bill Clinton go along with the scam during the Oslo process in the crucial 1990s, and why has Barack Obama allowed the rate of settlement to accelerate on his watch?

Well, as the American humorist Russell Baker said, “Politics is about money; where it comes from; where it goes?” Attached is but one small window into the convoluted pathways implicit in Baker's world view:

Bill Clinton takes a cool half-million from Jewish National Fund for speech in Israel

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Owl: 2013 Bilderberg Group Meeting – List of Acknowledged Participants

Commercial Intelligence, Cultural Intelligence
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Who? Who?
Who? Who?

The annual Bilderberger secret meeting of the 1% of the 1% comprising bankers, lawyers, industry titans, academics politicians and the super-rich policy setters is meeting this week at the Grove Hotel, a golf resort in Watford, Hertfordshire, UK.

Though the media scrambles to provide front-page coverage on celebrities (especially when they died or gets caught cheating on their spouse), plus enormous amounts of trivia, most of the media always deems this meeting of financial, academic, industrial and political elite of the heaviest of the heavyweights as not worthy of covering.

Find out who is there from this full list of attendees at this link:

Osborne, Clarke and Balls to attend Bilderberg Group meeting

EXTRACT

The group will discuss how the US and Europe can promote growth, the way ‘big data' is changing ‘almost everything', the challenges facing the continent of Africa and the threat of cyber warfare, according to an agenda published today.

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