Guru TANK: Dire Warnings...USD Collapse.

[Luigi1]

6 September, 2018 22:14  TANK...ATTENTION: IMPORTANT UPDATE 9/6/2018
• The Federal Reserve has just been stripped of their legal right to hold USD as currency. (And no, this is not to introduce the fraudulent USN)
• Transfers from the Manna World Holding Trust were initiated and officially cleared by the United States Treasury on Friday August 31st, 2018. Legally the banks had 24 hours from that point to credit the accounts receiving said transfers.
• The Global US Banks involved are currently refusing to credit transfers that have already been approved by the United States Government. They have provided no legal explanation.
• These institutions are currently committing treason against the American People and the United States Government.
• The funds contained within the Trust and the current authority over these funds has been verified and cleared by the Bank of International Settlements and they are providing a report to the United States Government to support the audit of all US Based Banks.
*It is my understanding that this process has already begun.
• The activity of the Chinese Elders and Rothschild Dragon Families to keep Government approved allocated funds out of the United States and away from projects needed to create jobs and stimulate the economy is treason and should be considered an act of war against the United States.
• Except for the CIA, every other major intelligence agency, Homeland Security, the IRS, BIS, and the United Nations have now officially recognized the existence of the Manna World Holding Trust, the legality of the funds there in, and the Trustee’s authority over them. Each have provided letters to verify these findings, and are currently watching the activity of the banks very carefully to see if they cooperate.
• If the banks do not clear our project funding tomorrow then they will have their legal authority to hold USD stripped from them as well.
*The so called Quantum Hercules Financial System is no more. It launched on Tuesday and was taken down within 12 minutes. It will not recover.

 

[pokerplayer]

Sounds like a winner................. for a soap opera   

 

pp

[bostonangler]

Wow that's some crazy stuff... Sounds like a James Bond movie.

 

B/A

[boosterbglee]

Nothing like crazy on Friday afternoon!

[Starrider]

No Link

 

Starr

 

[DinarThug]

4 hours ago, Luigi1 said:

The activity of the Chinese Elders and Rothschild Dragon Families

 

Luigi - So Many People Are Calling BS On This One That I Keep Getting A Busy Signal !  

 

     

[Pitcher]

Ok, Luigi, if you are going to post something like this you need to provide a link or some proof of validity.  It’s one thing when you come onto this web page with bogus reports of the Dinar RV.  They are entertaining and amusing.  I know this is the rumor section but that doesn’t allow you to write rubbish that may scare people into doing something foolish with their retirement account.  

 

To me this post is pure rubbish without any merit or validity.  It should be removed imo,

 

[murd11]

5 hours ago, Luigi1 said:

6 September, 2018 22:14  TANK...ATTENTION: IMPORTANT UPDATE 9/6/2018
• The Federal Reserve has just been stripped of their legal right to hold USD as currency. (And no, this is not to introduce the fraudulent USN)
• Transfers from the Manna World Holding Trust were initiated and officially cleared by the United States Treasury on Friday August 31st, 2018. Legally the banks had 24 hours from that point to credit the accounts receiving said transfers.
• The Global US Banks involved are currently refusing to credit transfers that have already been approved by the United States Government. They have provided no legal explanation.
• These institutions are currently committing treason against the American People and the United States Government.
• The funds contained within the Trust and the current authority over these funds has been verified and cleared by the Bank of International Settlements and they are providing a report to the United States Government to support the audit of all US Based Banks.
*It is my understanding that this process has already begun.
• The activity of the Chinese Elders and Rothschild Dragon Families to keep Government approved allocated funds out of the United States and away from projects needed to create jobs and stimulate the economy is treason and should be considered an act of war against the United States.
• Except for the CIA, every other major intelligence agency, Homeland Security, the IRS, BIS, and the United Nations have now officially recognized the existence of the Manna World Holding Trust, the legality of the funds there in, and the Trustee’s authority over them. Each have provided letters to verify these findings, and are currently watching the activity of the banks very carefully to see if they cooperate.
• If the banks do not clear our project funding tomorrow then they will have their legal authority to hold USD stripped from them as well.
*The so called Quantum Hercules Financial System is no more. It launched on Tuesday and was taken down within 12 minutes. It will not recover.

 

Absolute non sense

[Texstorm]

Absolute BS !

[CSM (R) Thack]

Garbage!💩🤢🤮

[ChuckFinley]

[DinarThug]

3 hours ago, Pitcher said:

Ok, Luigi,

To me this post is pure rubbish without any merit or validity.

 

Luigi - The Jury Has Reached It’s Verdict !  

 

 

     

[Pitcher]

Sure why not.  Thanks Thug. I’m way to full of it today. 

 

[new york kevin]

Luigi: if you take a couple of suppositories and 2 caps of miralax you can get that shiznit out of your system.  COMPLETELY .

[DinarThug]

2 hours ago, Pitcher said:

Thanks Thug. I’m way to full of it today. 

 

Luigi Could Empty An Entire Cavity And Still Be Completely Full Of It !  

 

 

Even Ancestry.com Had To Give Him A Refund After Their Records Showed Him To Be Over 110% Shiite ...

 

     

 

Edited September 8, 2018 by DinarThug

[King Bean]

I was reading 'wee-gie's' post with my morning coffee, convinced that my wife had slipped me her decaf. That's the only way that load of BS would make sense.

[presence]

Thanks, Pitcher - I appreciate you writing your comments regarding this particular post. Presence~

[hspotman]

Next rumor from luigi-

 

"IMF plans to allow all dinar holders the access to exchange a maximum of 1 millions dinar. Any extra dinar attempted to be exchanged will be donated to the Federal Reserve."

 

Link- www.totalluigibs.com

 

[Theseus]

did not find a dire warning of the Feds being stripped of the USD rights. I guess this rumor tanked!

 

Did find a cryptocurrency to keep an eye on.

 

Fedcoin

Fedcoin refers to cryptocurrency and/or protocol established by a central bank. National banks could forge their own ‘bitcoin’ with comparative ease and bitcoin consultants have sketched possible scenarios on how.

In “Some Thoughts on Fedcoin – a Fed backed cryptocurrency” (March 9, 2015),  Albert Szmigielski suggests, “[T]he Fed should premine all the currency that they want to issue on a blockchain….A premine happens where all (or part of) the cryptocurrency is issued in the first block, the genesis block. Then the Fed would just exchange the fedcoin for a dollar each.”

In the article entitled “Fedcoin” (October 19, 2014), J.P. Koning speculates, “The Fed would create a new blockchain called Fedcoin. Or it might create a Ripple style ledger by the same name. It doesn’t matter which. There would be an important difference between Fedcoin and more traditional cryptoledgers. One user—the Fed—would get special authority to create and destroy ledger entries….The Fed would…provide two-way physical convertibility between both of its existing liability types—paper money and electronic reserves—and Fedcoin at a rate of 1:1.”

Koning draws upon the work of mathematician and economist Sina Motamedi for “a more technical explanation for how this would work in the case of a blockchain-style ledger.” Motamedi advises, “The simplest way for a central bank to create its own crypto-currency is for it to fork the Bitcoin protocol into a new protocol that is unchanged in every way except that, going forward, the central bank would set and adjust the block mining reward at its discretion…. [L]ike paper currency, the central bank’s crypto-currency would be both decentralized (in transaction) and centralized (in supply).” 

Doug Casey

Discussions have been encouraged by the attention governments are directing toward Fedcoin. When the Bank of England released a paper (February 2015) that addressed the subject, the bitcoin-processing company Payment21 was not alone in asking, “Bank of England: Why might central banks issue digital currencies?”

In America, similar scenarios occur. In June 2016, central bankers from 90-some countries met behind closed doors in Washington D.C. and conferred with bitcoin experts. Federal Reserve Chair Janet Yellen opened the conference, which included the International Monetary Fund, the World Bank and Bank for International Settlements.

Adopting blockchain as a protocol to facilitate bank transfers was the focus but issuing ‘official’ digital currencies was actively explored. Adam Ludwin, CEO of the blockchain company Chain, delivered a speech entitled “Why Central Banks Will Issue Digital Currency.” Ludwin urged governmental attendees to use the revolutionary shift to create new assets for themselves.

[T]he medium of money has only changed a few times in history, from precious metals to bearer currencies to now our ledger-based electronic systems. Bitcoin and blockchain represent a transition to a new medium. This transition is often referred to as distributed ledger technology….But I find it more helpful to look back to bearer instruments, like banknotes, to appreciate what this new medium enables: a digital bearer instrument.

A key argument for Fedcoin is the perceived need to stabilize a cryptocurrency by pegging it to traditionally-issued money. The pegging would not necessarily be voluntary. Motamedi explains, “just like what happened with paper currencies, central banks will eventually step in to create their own crypto-currency protocols and forbid the use of any others. For simplicity, let’s call the central bank crypto-currency protocol BitDollar. Of course, these BitDollars would always be redeemable in regular dollars by the central bank, at least at first.”

Koning is more blunt. “Now is the time for the rebels to figure out how to create a stable-price version of bitcoin, before Darth Vader does it himself. Otherwise they may someday find themselves closing down their bitcoin startups in order to write code for the Empire.”

The Why Of It According to Casey

Doug Casey addresses America’s central banking system but the circumstances favoring a U.S. Fedcoin are mirrored throughout the Western world.

He doesn’t buy the stability theory. The U.S. government is bankrupt with liabilities far exceeding assets. Casey explains,

Social Security is bankrupt… Forty-seven percent of the people in this country are net recipients of money from the government… Officially, one-third of all the US government’s assets are student loans; little-known fact. About $1 trillion worth of them.

The greenback is semi-stabilized by being “the world’s money” but its privileged status is being shaken by nations such as China and Russia who aggressively seek alternative mediums for global commerce. Casey believes that yesterday’s monetary controls – quantitative easing and interest rates at near zero or below – cannot sustain a bankrupt dollar with waning global relevance. Yesterday’s methods are “going to come to an end….What can they [the feds] do?”

What the feds can do is cryptocurrency; Fedcoin is what’s coming to a start. And, according to Casey, the primary benefit to government would be a centralization of supply and a transparency of demand (or transactions), which could centralize control of the economy to an unprecedented extent.

Why would people use the cryptocurrency? Fedcoin would almost certainly emerge as a parallel currency which would be adopted due to government requirements for its use in paying taxes or accessing entitlements such as Social Security. Increasingly, however, Fedcoin would become a tool to push toward a cashless society because physical money provides a privacy that prevents government control.

Casey observes that the feds,

like to blame a lot of the problems on a lack of transparency, but with blockchain and the Fedcoin technology, they can see everything, everywhere. So it’s complete transparency ….Without cash, you have no privacy. If you have to put everything through a bank account, the government knows exactly what you’re buying, what you’re selling, how much you are earning. They’re in complete control; able to take what they want…including your entire account if you become politically undesirable.

Fedcoin would give the government God-like ability to track wealth. The justification will be to prevent criminal activities such as drug dealing and money laundering.

Will the U.S. create a Fedcoin?

Counter-arguments can be easily made; for example, most black or gray market activities are peaceful and not properly criminal. But Casey focuses on the harm inflicted on the prosperity and freedom of average people. “[P]eople that are dealing in what’s called the underground economy are actually providing useful goods and services,” he observes. “f the government extracts its 30 or 40 percent in taxes, which they will be able to do now with Fedcoin, [that] is going to hurt the economy, not help it. It will help the U.S. government, but that’s different from the economy in America.” The government would grow richer.

It would also become a more powerful engine of social control. In terms of privacy, Fedcoin could become the anti-cash. “If I’ve got a $100 bill in my wallet or a bunch of 10s and 20s,” Casey explains, “I can spend them on anything I want with anybody I want and nobody knows. With blockchain….[the feds] know exactly who’s getting the money and what it’s being spent for. It can be programmed [perhaps through a mechanism simiar to smart contracts] so that certain transactions can’t take place….So you are pretty well blocked in.”

Fat people could be prevented from buying sugar; gun owners could be cut off from ammunition; teenagers could be banned from buying beer, cigarettes or video games. The possibilities seem almost infinite. In doing so, Fedcoin would merely extend existing policies under food stamp programs that prohibit spending on alcohol, casinos or strip clubs. The efficiency would be so much greater, however, that the difference of degree would become one of kind. The government could “prohibit anything without even passing a law….If your Fedcoin smartphone or chip isn’t programmed to let you buy that, how are you going to get it?” Politically controversial items, like a gun registry, could become irrelevant.

One of Casey’s dystopian predictions seems doubtful to me, however. It is the idea that many or most Americans would embrace being physically “chipped.” But, then, I may simply have more confidence in average people when it comes to recognizing their own self-interest.

The Shadow Of Solution?

Casey likens the potential currency revolution to the Industrial Revolution. The technologies developed then gave unprecedented freedom and literally ‘life’ to the common man; the human life-span and population increased dramatically.

Bitcoin and blockchain are equally liberating to the individual but revolutionary technologies also challenge the status quo. And, so, entrenched powers attempt to co-opt their use.

Whether governments will succeed is not clear; they may be thwarted by their own incompetence or by the intrinsic decentralization of cryptocurrencies. It seems clear, however, that governments will make the attempt. And when they do, the best response is a better technology that sprints forward and leaves those who wish to ‘tame’ it coughing on its dust.

Those on the cutting edge of technology are today’s freedom fighters.

What do you think about the U.S. government creating a ‘Fedcoin’? Let us know in the comments below.

Edited September 9, 2018 by Theseus

[SupraRacer]

4 minutes ago, Theseus said:

did not find a dire warning of the Feds being stripped of the USD rights. I guess this rumor tanked!

 

Did find a cryptocurrency to keep an eye on.

 

Fedcoin

Fedcoin refers to cryptocurrency and/or protocol established by a central bank. National banks could forge their own ‘bitcoin’ with comparative ease and bitcoin consultants have sketched possible scenarios on how.

In “Some Thoughts on Fedcoin – a Fed backed cryptocurrency” (March 9, 2015),  Albert Szmigielski suggests, “[T]he Fed should premine all the currency that they want to issue on a blockchain….A premine happens where all (or part of) the cryptocurrency is issued in the first block, the genesis block. Then the Fed would just exchange the fedcoin for a dollar each.”

In the article entitled “Fedcoin” (October 19, 2014), J.P. Koning speculates, “The Fed would create a new blockchain called Fedcoin. Or it might create a Ripple style ledger by the same name. It doesn’t matter which. There would be an important difference between Fedcoin and more traditional cryptoledgers. One user—the Fed—would get special authority to create and destroy ledger entries….The Fed would…provide two-way physical convertibility between both of its existing liability types—paper money and electronic reserves—and Fedcoin at a rate of 1:1.”

Koning draws upon the work of mathematician and economist Sina Motamedi for “a more technical explanation for how this would work in the case of a blockchain-style ledger.” Motamedi advises, “The simplest way for a central bank to create its own crypto-currency is for it to fork the Bitcoin protocol into a new protocol that is unchanged in every way except that, going forward, the central bank would set and adjust the block mining reward at its discretion…. [L]ike paper currency, the central bank’s crypto-currency would be both decentralized (in transaction) and centralized (in supply).” 

Doug Casey

Discussions have been encouraged by the attention governments are directing toward Fedcoin. When the Bank of England released a paper (February 2015) that addressed the subject, the bitcoin-processing company Payment21 was not alone in asking, “Bank of England: Why might central banks issue digital currencies?”

In America, similar scenarios occur. In June 2016, central bankers from 90-some countries met behind closed doors in Washington D.C. and conferred with bitcoin experts. Federal Reserve Chair Janet Yellen opened the conference, which included the International Monetary Fund, the World Bank and Bank for International Settlements.

Adopting blockchain as a protocol to facilitate bank transfers was the focus but issuing ‘official’ digital currencies was actively explored. Adam Ludwin, CEO of the blockchain company Chain, delivered a speech entitled “Why Central Banks Will Issue Digital Currency.” Ludwin urged governmental attendees to use the revolutionary shift to create new assets for themselves.

[T]he medium of money has only changed a few times in history, from precious metals to bearer currencies to now our ledger-based electronic systems. Bitcoin and blockchain represent a transition to a new medium. This transition is often referred to as distributed ledger technology….But I find it more helpful to look back to bearer instruments, like banknotes, to appreciate what this new medium enables: a digital bearer instrument.

A key argument for Fedcoin is the perceived need to stabilize a cryptocurrency by pegging it to traditionally-issued money. The pegging would not necessarily be voluntary. Motamedi explains, “just like what happened with paper currencies, central banks will eventually step in to create their own crypto-currency protocols and forbid the use of any others. For simplicity, let’s call the central bank crypto-currency protocol BitDollar. Of course, these BitDollars would always be redeemable in regular dollars by the central bank, at least at first.”

Koning is more blunt. “Now is the time for the rebels to figure out how to create a stable-price version of bitcoin, before Darth Vader does it himself. Otherwise they may someday find themselves closing down their bitcoin startups in order to write code for the Empire.”

The Why Of It According to Casey

Doug Casey addresses America’s central banking system but the circumstances favoring a U.S. Fedcoin are mirrored throughout the Western world.

He doesn’t buy the stability theory. The U.S. government is bankrupt with liabilities far exceeding assets. Casey explains,

Social Security is bankrupt… Forty-seven percent of the people in this country are net recipients of money from the government… Officially, one-third of all the US government’s assets are student loans; little-known fact. About $1 trillion worth of them.

The greenback is semi-stabilized by being “the world’s money” but its privileged status is being shaken by nations such as China and Russia who aggressively seek alternative mediums for global commerce. Casey believes that yesterday’s monetary controls – quantitative easing and interest rates at near zero or below – cannot sustain a bankrupt dollar with waning global relevance. Yesterday’s methods are “going to come to an end….What can they [the feds] do?”

What the feds can do is cryptocurrency; Fedcoin is what’s coming to a start. And, according to Casey, the primary benefit to government would be a centralization of supply and a transparency of demand (or transactions), which could centralize control of the economy to an unprecedented extent.

Why would people use the cryptocurrency? Fedcoin would almost certainly emerge as a parallel currency which would be adopted due to government requirements for its use in paying taxes or accessing entitlements such as Social Security. Increasingly, however, Fedcoin would become a tool to push toward a cashless society because physical money provides a privacy that prevents government control.

Casey observes that the feds,

like to blame a lot of the problems on a lack of transparency, but with blockchain and the Fedcoin technology, they can see everything, everywhere. So it’s complete transparency ….Without cash, you have no privacy. If you have to put everything through a bank account, the government knows exactly what you’re buying, what you’re selling, how much you are earning. They’re in complete control; able to take what they want…including your entire account if you become politically undesirable.

Fedcoin would give the government God-like ability to track wealth. The justification will be to prevent criminal activities such as drug dealing and money laundering.

Will the U.S. create a Fedcoin?

Counter-arguments can be easily made; for example, most black or gray market activities are peaceful and not properly criminal. But Casey focuses on the harm inflicted on the prosperity and freedom of average people. “[P]eople that are dealing in what’s called the underground economy are actually providing useful goods and services,” he observes. “f the government extracts its 30 or 40 percent in taxes, which they will be able to do now with Fedcoin, [that] is going to hurt the economy, not help it. It will help the U.S. government, but that’s different from the economy in America.” The government would grow richer.

It would also become a more powerful engine of social control. In terms of privacy, Fedcoin could become the anti-cash. “If I’ve got a $100 bill in my wallet or a bunch of 10s and 20s,” Casey explains, “I can spend them on anything I want with anybody I want and nobody knows. With blockchain….[the feds] know exactly who’s getting the money and what it’s being spent for. It can be programmed [perhaps through a mechanism simiar to smart contracts] so that certain transactions can’t take place….So you are pretty well blocked in.”

Fat people could be prevented from buying sugar; gun owners could be cut off from ammunition; teenagers could be banned from buying beer, cigarettes or video games. The possibilities seem almost infinite. In doing so, Fedcoin would merely extend existing policies under food stamp programs that prohibit spending on alcohol, casinos or strip clubs. The efficiency would be so much greater, however, that the difference of degree would become one of kind. The government could “prohibit anything without even passing a law….If your Fedcoin smartphone or chip isn’t programmed to let you buy that, how are you going to get it?” Politically controversial items, like a gun registry, could become irrelevant.

One of Casey’s dystopian predictions seems doubtful to me, however. It is the idea that many or most Americans would embrace being physically “chipped.” But, then, I may simply have more confidence in average people when it comes to recognizing their own self-interest.

The Shadow Of Solution?

Casey likens the potential currency revolution to the Industrial Revolution. The technologies developed then gave unprecedented freedom and literally ‘life’ to the common man; the human life-span and population increased dramatically.

Bitcoin and blockchain are equally liberating to the individual but revolutionary technologies also challenge the status quo. And, so, entrenched powers attempt to co-opt their use.

Whether governments will succeed is not clear; they may be thwarted by their own incompetence or by the intrinsic decentralization of cryptocurrencies. It seems clear, however, that governments will make the attempt. And when they do, the best response is a better technology that sprints forward and leaves those who wish to ‘tame’ it coughing on its dust.

Those on the cutting edge of technology are today’s freedom fighters.

What do you think about the U.S. government creating a ‘Fedcoin’? Let us know in the comments below.

 

Is this like the $1Trilion coins odummer wanted to mint to settle the deficit??? 

 

SR

[Theseus]

1 minute ago, SupraRacer said:

 

Is this like the $1Trilion coins odummer wanted to mint to settle the deficit??? 

 

SR

I honestly can't say. However, it would appear to be the Feds answer to other countries doing the same

[SupraRacer]

Just now, Theseus said:

I honestly can't say. However, it would appear to be the Feds answer to other countries doing the same

 

Just another way for the Feds to control the flow of monies around the world probably.  Not sure.  But it would cost a ton of money, pun intended, even build the technical infrastructure in order for the Feds to even consider this.  And just where would they get that ton of money??  Just print it of course.  SR

 

 

[ChuckFinley]

The US in major debt status. They need to get a handle on this ASAP. 

[DinarThug]

3 hours ago, Theseus said:

Did find a cryptocurrency to keep an eye on.

 

Fedcoin

 

 

The Whales Are Saying To Hike Up Ur Pants Big Boy And Go With FredCoin !  

 

 

     

[jordan1]

Hang on to that thought I have to go find my tin foil hat.