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America bombs Cryptocurrency Economics Politics

During Possible Iran Crisis – Investors fled to the safety of Bitcoin

It was fantastic to watch a possible crisis flare up (unnecessarily) with the assassination of a government official and all that followed – thankfully, much to our surprise – calmer heads prevailed – personally, we believe that it was an investment ploy to control the direction of markets – as well as a trial balloon to see if assassination can be added to the democratic totalitarian toolbox.

Thankfully, the loss of life in this case was limited to those killed in the initial assassination and the stampede at his funeral – as well as an accidental missile hit to a passenger jet in Tehran from ‘friendly’ fire from Iran itself.

The most interesting part for us – was the panic in the markets. There was a brief window to make a lot of money if one had insider information about the U.S. response – and not completely unexpectedly – investors fled to the safety of Bitcoin. We can expect that any future international conflicts will bring more of this behaviour. Investors also fled to gold – but this seems to have been more of a temporary move.

From 2017 onwards, Bitcoin appears to have been manipulated with news, social media, and movements that could only be pulled off by institutional or governmental whales – in our opinion, all planned out and executed to give said government and institutional bitcoin powers, greater control and power in the bitcoin marketplaces.

One thing we are certain of is that the ‘measured’ Trump response was planned in advance and that Antichrist and his cronies increased their wealth on a massive scale during the seemingly imminent ‘crisis’ that never happened.

Categories
Economics Politics Religion

Traditional Holidays are Dead

I’ve noticed this year that I have no holiday spirit left. Not just Christmas, but all the holidays.

Presidential birthdays – Shame on them all. No more presidents, please.

Valentines – I’ve been married 10 years and didn’t even like this holiday before I was married. Now, it’s just a game of gauging expectation and managing disappointment.

Labor Day and Memorial Day. The bookends of summer but labor has been gutted, we’ve all been turned into wage slaves, and the lives people gave in all the wars of the past led us to our current dystopia – and thus were wasted. Yes, I’m grateful that young men blindly give up their lives in the service of a greater good – but the old men calling the shots have completely fucked everyone but themselves.

4th of July. America is a holocaust of genocide, slavery, exploitation, and control systems. What is this independence they speak of and who is it for? I’m not so sure that independence from Britain should be celebrated.

Halloween – great, a holiday that allows pervs and creeps to wear masks and give candy to our kids. No thank you. Aside from selling candy, making the annual profit for the Tootsie Roll company, and selling expensive costumes – what is the purpose of this holiday again? Knocking on strangers doors and begging for candy. No thank you.

Thanksgiving.  My extended family is nothing to be thankful for.  Turkey dinner isn’t really all it is cracked up to be. I hate American football.  Stupid fucking parade.

Christmas. This holiday is all about selling shit. It starts early and it never ends. Expectation, disappointment, and memes that used to mean something when you couldn’t watch Christmas specials on demand and the networks set the holiday agenda.  This holiday has been ruined by Amazon, prime day, black Friday, and all the ‘holiday’ sweet coffees.

I used to like April fools but the pranks lost their charm. Am I missing any?

Columbus Day – fuck you.

New Years? Why the fuck is that even a holiday? Hooray, we followed the arbitrary numbering system our backwards ancestors created – now get back to work.  Drink and destroy your liver. Grope someone while you are drunk then get a divorce, a lawsuit, and a MeToo charge. Ditto for St. Patrick’s Day. I hate American football.

Maybe there are a couple of holidays that are still worthwhile.

Chinese New Year. Lion dances, fireworks on the ground, and great food.

MLK’s birthday? It’s good to remember the man and his mission. I’ve got nothing to say negative here.

Ramadan. I love it. 30 days of restricting your diet, being mindful, and eating with those you love.

 

 

Categories
Economics Future

Get Ready to Get Screwed!

I mean, technically, we’ve all been being screwed for a long time but things seem to be ramping up a bit. Here is what is coming:

1) Election meddling

2) Totalitarian attempts at refusing to lose election

3) Complete stock market meltdown

4) New ‘dot-com bubble’ explosion – tech and startups are about to stop getting huge cash infusions and no more rounds of ‘do crazy shit even if it doesn’t make money’ seed money.

5) No Deal Brexit

6) A new war in the Middle East involving Turkey, Russia, Iran, Saudi, Yemen, Israel, Iraq, and when hundreds of thousands innocent people are murdered the USA and Britain. It will start as Turks vs. Kurds and escalate to Sunni vs. Shia and then into oil control

7) Chinese are going to reach a boiling point and pull the economic nuclear option by selling all the US debt they own and crashing the US dollar

8) Another huge refugee crisis

9) Don’t forget accelerating climate change

10) More shootings in the USA

 

So, the moral of the story is. Be grateful that none of that is happening today (yet).

Categories
Economics Politics

Attending a Gun Show and Having My Expectations Shattered

I attended a gun show as a vendor this weekend. I don’t own any guns so I wasn’t selling those – I was selling knives and fishing gear. I wasn’t really sure what to expect at the gun show – I’ve never been to one.

Here’s what I thought it would be: survivalists, right wing militiamen, gun nuts, NRA and MAGA hats, tin foil conspiracy theorists, and lots of Trump lovers. I thought there would be crazy people buying guns to kill with and no regulation of any sort.

Here’s what I found – essentially it was like a Star Trek Convention but with models of tanks instead of Klingon warbirds and with guns instead of space memorabilia. Instead of people dressing up like Kirk, Spock, and Khan – they were dressed as cowboys, G.I.s, and Japanese soldiers. There were cool displays on the history of firearms, historic gun displays, and plenty of educational material. There were plenty of police around, people were generally funny, friendly, and reasonable. I only saw four MAGA hats and a couple of NRA and Second Amendment shirts – far less than I would see at an antique show in Oregon –

But keep in mind – this is a gun show in Hawaii – so it’s going to be pretty different. I thought it would be torturous but I ended up having fun, eating hot dogs and drinking soda with some nice folks, and selling a bit more than I would have at the flea market. There were no big Trump displays, no conspiracy theorist booths, and I really didn’t see any survivalist or bunker mentality militia stuff happening.

Although – there was a guy there who looked just like Steve Bannon. Fighting Jesus

My top seller of the weekend were tiny gold crosses that have knives hidden in them on dogtag chains. People loved those things.

There were a few political discussions, but I tried to keep my views on the low-down so I could feel how people felt and in general – people at a gun show in Hawaii didn’t seem to be too keen on Trump, but at the same time they all seem to think that Antifa is a fascist group (for the record, it stands for Anti-Fascist) and that there is a deep state conspiracy that has kept Trump from doing all the good he promised them he would do.

So, that’s worrisome. Even though these were some very reasonable, multi-cultural and open minded fun loving costume wearing gun lovers – they still think the only way to save America is to rally behind the guy who stole the presidency.

I’m hopeful for humanity but I’m pretty sure America is completely fucked.

Categories
Cryptocurrency Economics

Crypto Confidential – Adventures in the Underbelly of the Cryptocurrency World

It’s no secret that I love Bitcoin and have a deep fascination with the entire ecosystem of cryptocurrency. That love affair goes back to working with alternative currencies and barter systems in the 1990s and then extends through the 2000’s as I learned about the possibilities of using digital currencies to disempower banks, corporations, and governments.

In 2017, I jumped into the swirling maelstrom of digital money and began learning everything I could about the good, the bad, and the ugly of Bitcoin and the thousands of digital ‘altcoins’ that exist alongside it. In early 2018, I decided to get as deep into this underbelly as I could by finding a project, joining a team, and building a crypto token.

This is the narrative of that journey. I joined the ‘Lupecoin Project’ first as a supporter and then as a co-founder. Together we built a community, created a token, and shared a vision. There was good, there was bad, and there was ugly. I don’t want to mislead anyone – none of us were deep in the muck – we weren’t doing scam ICOs, ripping off supporters, or figuring out how to steal millions of dollars. We weren’t buying and selling sex workers, drugs, and murder on the famous Silk Road. In fact, we were just a bunch of pretty nice guys trying to build something we thought might make the world a better place – and failing miserably at it.

In Crypto Confidential, my goal is to teach the reader as much as I can about cryptocurrency, Bitcoin, blockchain, and the bizarre communities surrounding this cool technology. After reading this book, the reader will have a much clearer understanding of why blockchain and crypto are among the most important and revolutionary technologies today. In addition, the reader will learn about the bizarre history of Bitcoin and what Ethereum, and altcoins are. Along the way, the reader will be informed about the many scammers, scams, ripoffs, and strange personalities that live in the crypto underbelly.

Categories
Economics Politics

The Obscenity of Borders and Walls

Borders and walls are artificial constructs created primarily as control systems for the population within them, rather than, as is popularly suggested to protect said population from without. Think about it for a second.

Who makes borders? Governments.

Where do governments get their economic ability to create force and restrict freedom? From collecting taxes.

Where do taxes come from? They come from the people who live inside the borders of a territory. Borders are nothing less than a system that allows for the use or threat of force against a population in order to extract a tax from that population – which is then used to beef up (secure borders), create regulations, and extract further tax in the form of tariffs, restrictions on migration, and – in general – population control.

Your first reaction might well be that the above is ridiculous – but give it a moment. It will become clear.

But what about protecting us from terrorists? Terrorists don’t recognize borders and the ones most likely to kill you already live within twenty miles of where you live. Statistically, your chances of being killed by a terrorist are close to zero – not because of borders, but because in all reality , you are not a person or in a place that fits a terrorist target. If you are killed by a terrorist, you will likely be killed by a terrorist who shares the same nationality as you. In the unlikely event that a foreign terrorist kills you, it is most likely that they will enter your country legally and the borders will not stop them. The 911 terrorists were all allowed to cross the border legally. They were all in the U.S. legally. Stricter borders would not have stopped them.

But what about protecting our jobs? Do you work in migrant agriculture? Are you a nanny or maid? In general, migrants take the jobs that you don’t want to do. If you want to be an apple picker, no one is stopping you. There is plenty of demand. The pay is terrible and the work is hard. It’s not at all likely that a migrant is going to take your job as an investment banker, a trucker, a teacher, a cop, or a barista. If they do, they probably navigated the immigration system to come here legally and then overcame the xenophobia present in most U.S. companies to get the job, which – frankly, shows that you were probably pretty bad at your job.

But….borders protect us from invasion, right? No. There are no armies waiting to march into your country unless you live in the Middle East or the former Soviet Union. Diplomacy and guns stop armies from invasion. Borders are to control citizens.

So, if borders don’t stop terrorists, don’t protect jobs, don’t protect from invasion – what are they for? They are for drawing circles around people and saying “These people belong to me (as a country) and I reserve the right to take a percentage of all of their labor, charge them a percentage on all they spend, and charge a duty (tariff) on any goods coming into this territory (thus driving up the price and increasing the sales tax at the same time). Borders are tax control systems. That is all they are.

They are the among the most inhumane, unnatural, and offensive inventions of humankind.

Categories
Economics

I’m Starting to Feel Like Chicken Little

The Sky is Falling!

I’m starting to feel like Chicken Little here as I repeatedly point out the systemic weaknesses, the lack of fundamnetal strength, and other issues because despite the undeniable truth in my arguments – things just keep plugging along.

It seems that the world just might not fall into chaos as Donald Trump and a global cadre of dictators and despots replace the peacea nd prosperity of times past with anxiety, depression, hatred and bile. No one around me has any money to spare – no one seems happy. Maybe that’s the problem – maybe I’m operating from a cognitive bias where we need change. We need the collapse in order to have a shot at building something better. I don’t know, but the sky seems like it is still pretty well in place.

The Mueller Probe seems to not be in any rush to present evidence that Trump and his cronies committed treason or are active puppets of Russia – there doesn’t appear to be any huge war on the horizon. The equity markets keep on going up despite the debt rates, the weakness in global growth, and the perils of trade wars, technology addiction, and mass psychosis.

Infrastructure keeps crumbling as the price for infrastructure keeps going up and up and up. Real income is falling as the cost for housing keeps going up and up and up. Mental health problems and global warming problems keep going up and up and up as the cost of fixing or dealing with them goes up and up and up too. Everything is going up. The sky isn’t falling, It’s going up in smoke.

I have to ask myself if I’ve been operating on a severe cognitive bias. I want the housing market to collapse because I can’t afford to buy real estate at the prices they currently sit at. I want the stock market to collapse because I have investments in cash, gold, and other market contrarian areas. I want Trump to be impeached and imprisoned because he represents everything that I think is wrong with society. I want billionaires to be guillotined (or at least for limits and responsibilities to be put on their wealth). I want cryptocurrency to disempower the U.S. government and the status quo of banks and power brokers. I want the whole human system to collapse so that humanity can have a chance at becoming something better than we have been. If that takes global warming, worldwide depression, and mass chaos – that seems a reasonable price.

So, perhaps I have been operating from the fallacy point that I’ve so often pointed out. I’ve been starting with a premise “The world is falling apart and heading into chaos” and I’ve been looking for the evidence to support it – and finding plenty of it. I don’t like admitting this. I’m very invested in and looking forward to the dystopian future where a collapse occurs.

Unfortunately, I am starting to think that the dystopian future collapse I have hoped for has been replaced by a different dystopia that very closely resembles the world we live in now. Crumbling infrastructure, a widening gap between the global rich and the global poor, a leveling of the playing field between the rich of all nations and the poor of all nations- meaning no more third world rich – just global rich and no more first world poor – just global poor. Increased violence. Xenophobia. A technological dictatorship run by ‘social credit’ and increasingly the erosion of the ‘free’ perks that made life bearable as parks become homeless camps, malls become refugee or migrant jails, libraries lose funding, schools divide between third world public schools and first world private schools. You will either be able to afford a self driving car or pay more for a self driving service than you now pay for a car. Just get in your fucking screen.

So, please pardon me if I’m wrong about the collapse. I’m simply hoping for a better world for everyone – but increasingly, it looks like we are not headed there. We are headed towards a better world for a small elite and a much worse world for the rest of us – not a world where we have a choice or can actually make a difference, but a tightly controlled, limited mobility, slave world where you are either a treasure holder or a piece of trash.

I’m still rooting for the collapse – but maybe the sky isn’t falling at all. Maybe, the sky has already fallen and will never go back up.

Categories
Economics Future

The State of the World – March 2019

I’ve been very busy for the past month and I haven’t written anything here. Of course, that’s no surprise to anyone – we are all very busy. Very very busy. Especially in the United States and other developed countries. Personally, I think that’s by design – I believe it’s a massive control mechanism based on the model of ‘idol hands are the devil’s work’ or to put it more clearly ‘busy people don’t have the time or energy to create problems by rocking the boat’. Our busy-ness (business) is a control state’s dream come true.

I admittedly have a problem with thinking – I think too much. My brain never shuts down but just chews and chews and chews on things and carefully observes what comes out of the cud. Mind you, I’m not saying I’m a genius or above average intelligence (I don’t believe I am), I’m just saying that I have a problem with being cerebrally inclined and where most people can shut that annoying part of their human-ness down and watch a good sporting event or let some annoying event slide off of them – I don’t seem to possess that capability – although meditation definitely helps.

But back to the world. We are moving rapidly towards a massive societal change. I think of it as humanity being in lifeboats from a sinking ship on a giant river. There are only so many boats for the survivors to get on and we’ve occupied them – our boats have careened towards a massive split in the river – the current has picked up considerably – some boats have gone to the left, some have gone to the right, and some have stayed in the center – we know that there is danger ahead on all courses – but we aren’t sure what it is.

The middle course, the human tendency towards totalitarianism and massive control and exploitation seems to be carrying the bulk of us. Totalitarianism always ends with an explosion and a huge loss of life. So, let’s just say that for those on that path, the channel narrows and pours down into a deep chasm at the bottom of which is a huge deposit of raw sodium (which explodes on contact with water). Most on that course won’t survive.

On the right is total free market capitalism – a very small number have followed this because it is scary and loud and disruptive and dangerous – there is a big waterfall at the end and it cascades down to a paradise that ends with humanity achieving all that it dreams of – but it’s almost impossible to reach because every time a stream gathers some force – it branches off towards totalitarianism – ‘protectionism’, ‘protected capitalism’, ‘controlled markets’ and more.

On the left is what I call cooperationism – this is another paradise branch of the stream with a healthy world, healthy people, and all of the ills of humanity solved through cooperation – but of course, the tendency towards totalitarianism creates things like ‘war communism’ ‘centralized control’ and other ‘we’re smarter than you and will decide what’s best for you’ systems.

So, the bad news is that humanity is heading towards a 98% chance of full totalitarianism and the explosion that follows – there is virtually no chance for our survival. The good news is that there has never been such a great chance that we can fix ourselves and our way of thinking. Do I think we will? No. Do I hope we will? Hell yes. There are many small streams which are running towards paradise scenarios.

People are finally rethinking cars and ‘reinventing the wheel’. People are looking at the planet as what it is – a giant spaceship that carries all of us through a dangerous universe. I believe that more and more people are starting to see the very real possibilities and power of working together despite cultural differences.

So where does that leave us? It leaves us in March of 2019. We are on the verge of a tyrant seizing power in the United States, the peaceful cooperation of Europe seems to be crumbling with Brexit, the world has been so degraded by our actions that we have somewhere between 20-100 years before it is uninhabitable for us, unemployment is down and servitude is up, and – finally – there are technological disruptions coming on such a massive scale that the old apple cart is going to get blown up. We don’t have a choice about changing – we will have to.

Categories
Economics Investing

Amazon Falling on Good News

The markets are looking for any excuse they can find to bring us into the long expected next recession. There is no better proof of that than yesterday’s bizarre news after Amazon’s earnings call.

Amazon outperformed expectations on every level. Every level. Amazon has been in a freefall since the end of the 3rd quarter of 2018 – for no obvious reason beyond a vague sense of dread at the veiled threats of President Donald Dump.

Here is the lowdown. Amazon has:

  • Led the way in voice devices all the way and put more Alexa devices in the world than any other company by a huge factor
  • AWS revenue grew by 45% – making them even more dominant in this increasingly important space
  • Amazon is making serious in roads into healthcare, travel, and shipping (thus reducing dependence on the USPS)
  • Amazon announced that in 2019 they will be putting more focus on investment in infrastructure, development, and hiring
  • Amazon is a world leader in AI, automation, and other technologies that are changing our world

I can go on, but I shouldn’t have to. On the challenge front, Amazon faces competition in India and China as well as regulation and economic growth issues in the same. Yesterday’s call mentioned that and mentioned the increased focus on investment – and then the shit hit the fan – Amazon briefly jumped to 1750 at the close of the market and then began a bot induced whipsaw between the 1630s and the 1730s – this was nothing more than AI bot induced fervor with hungry traders taking profits or selling in FOMO as a completely imaginary FUD took control of the stock.

The reality, is that Amazon is growing at an incomprehensible rate and expanding their reach into new sectors, new markets, and new worlds (virtual). Back in September, major investing banks were saying that any price under $2200 is too low. I still stand by that. Amazon is trading at more than 30% below value right now.

There are only three reasons Amazon could have fallen 1) irrational bot/trader interaction 2) information we don’t have access to 3) a self fulfilling recession is on its way.

Categories
Cryptocurrency Economics Future Investing Politics

Predictions for 2019

I have a number of predictions for 2019. They are worth considering in any event. First a fun one – I think that in 2019, celebrity stock and crypto traders will become the new celebrity chefs. In the past most notorious traders have either been criminals or niche market – I think this year they will go mainstream. Think in terms of Rachel Ray, Anthony Bourdain, and other chefs who made the leap to stardom from the nineties to the oughts.

Alright – moving on:

1) While it sounds hard to believe in light of the ridiculous predictions, the boom and the bust, and the bear market of 2018 – I believe that Bitcoin will end 2019 worth more than $100k per coin. Adoption is happening, regulation has not killed it, and bitcoin retains the advantage of being the most useful of all cryptocurrency – and the world financial system needs it.

2) The frangmentation of the internet into national and regional separate internets will continue. We will see distinct American, European, Chinese, Japanese, and African internets emerge – it’s my belief that the I2I communication this creates (internet to internet) is going to be where the most remarkable autonomous A.I developments take place in 2019.

3) The #metoo and #blacklivesmatter movements will grow in strength – large numbers of established white dudes will be taken down for offensive and toxic past behaviour. This will lead to a bit of a backlash and two distinct movements by white groups – one inclusive which attempts to show that not all white people are bad and one that is reactive and pushes back with negativity, hate and fear.

4) Impeachment proceedings and formal charges lie ahead of Donald Trump. To distract and rally his base he will either use Taiwan or Mexico to create a distraction.

5) Marijuana will be decriminalized in the USA – this will create massive debate about those incarcerated for marijuana offenses

6) The stock market will rally in the first two quarters of 2019 breaking previous all time highs and then crashing hard and fast in the third quarter.

7) Crypto markets will skyrocket and the price of Gold will approach $2k USD again in 2019. Both Facebook and Amazon will implement their own cryptocurrencies and start gradually accepting Bitcoin for payments.

8) Amazon share prices will soar going past $1.5 trillion USD as the full scope of Amazon’s investments in health, hospitality, and transportation become known.

9) A centrist third party will appear bridging the gap between the left leaning democrats and the fascist leaning Trumpists. They will field a viable third party candidate that appeals to broad swaths of both red and blue voters.

10) The automation of fast food, self driving cars, and other A.I. driven worker replacement strategies will accelerate in 2019 leaving record numbers of low skill workers with nothing but low paying options for employement.