FW: BITCOIN OR SOCIAL CREDIT? -- Dick Eastman discusses Bob Hurt's idea for virtual money without government
Bob Hurt
I forward to you a comment I just received from Dick Eastman.
I don’t have much of an answer back, except this.
First of all, Dick, Thank YOU for taking the time to read and respond. I appreciate your comments.
As to Dick’s advice, he wrote the truth as I see it – we OUGHT to do what he suggests. I have suggested the same, starting with repudiate US debt to banks. Unfortunately, not even Roy Rogers, King of the Cowboys, plus all the transformers, Superman, Spiderman, and the other superheros could make that happen. So, I stick by my recommendation.
A Mob every bit as corrupt and ruthless as the Russian Mafia governs America. A casual perusal of Youtube will tell you that.
And nobody the lower 95% of US IQ has the savvy to grasp what international bankers have done and plan to do to keep their stranglehold on the USA.
It’s like this, Dick. Look at TV and you won’t see a single pundit or government official talk about fracturing water to make hydrogen-oxygen (HO) gas fore propulsion and home and business energy. And you will hear many say “Let’s wean America off foreign oil,” “Let’s open up more area for American oil producers to drill for oil.” All while the price of gasoline hovers near $3.90. On the other hand, a look at Rex Research and You Tube will reveal dozens of water fracturing inventions that work beautifully. Biggest trouble they have with automobiles: the computers force the engines to get the rated gas mileage, thereby defeating the fuel cells. Meanwhile Florida’s electricity cost rose 25% for consumers over a year ago to help Progress Energy fund new Nuclear Reactors. And yet we can make our own electrical energy device that produces 10 to 100 times what it consumes.
All this shows a prime example of the financial gridlock on America. The government and energy industry stifle water fracturing technology because it will kill government taxes (since water falls from the sky and therefore costs nothing as an energy source).
WE HAVE NO CHOICE BUT TO GO BLACK MARKET (Do It Yourself) for energy, money, and personal defense.
WE MUST BYPASS GOVERNMENT AND BIG BUSINESS in all three areas to flourish, prosper, and liberate ourselves from the MOB.
So, YES, I agree with you, Dick, but so what? You get to choose between spending your life fighting tooth and nail to reform government, or just get on with your life using alternatives to the corrupt systems government has created.
IF you ask me, I’ll advise you to seek alternative money, energy, and defense, and meanwhile to learn the law and become disposed to using it. But you didn’t. So I won’t.
***
Bob Hurt bh Blog•Email•Law•Donate f 727 669 5511 |
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From: Dick Eastman [mailto:oldick...@q.com]
Sent: Sunday, August 21, 2011 11:17 AM
To: law...@googlegroups.com; b...@bobhurt.com; bals...@optonline.net
Subject: BITCOIN OR SOCIAL CREDIT? -- Dick Eastman discusses Bob Hurt's idea for virtual money without government
Bob Hurt and Bitcoin virtual money
Bitcoin or Social Credit?
Bob Hurt is obviously a good man seeking solutions for a great problem - and finding one that would help if hyperinflation were really the threat -- but I cannot go along with Bitcoin as a way to fix this economy (which is what I am after). Bitcoin is like replacing telephones with dixie cups and string -- its just not up to the job of getting us through all the transactions necessary to run the economy that must be run to even keep us all alive. It is not a reform, it is a black market fall-back for the collapse of civilization -- just like a hoard of gold is in the minds of (too) many.
Mr. Hurt may not agree -- I know what it is like to fall in love with ones own idea that addresses a problem. All I can say is that we need a solution that addresses the root problem.
Bitcoin is an effort sell people on blackmarket transactions machinery using a cyber currency protected by software that prevents tracking of transactions. It is illegal tax evasion. (Dick Eastman pays his taxes and obeys the laws -- even as recommends amendments of our laws to repudiate debt to international finance, switch to pure government fiat money created without debt, and a social credit system to introduce the government fiat exclusively through the household sector (a procedure called "social credit" -- which is exactly the opposite of the Bitcoin, black market idea).
Bitcoin cannot take over the complex interactions that the national currency alone can serve. Like buying gold it is a dead end and a waste of time and creative effort that should go to a system that really fixes the problem of organized crime owning our money. Bitcom looks at organized crime and says, "if you can't beat them, join them." I say that is not the way to go -- at least for me.
I have extracted the essence of the Bitcoin idea:
"And, we simply cannot beat inflation by saving US money, except by buying minted gold and silver.US coins. "
"... since you cannot redeem it for minerals equal to it in value, only the world's faith in it gives it the value people perceive it as having."
"Do all of your selling transactions in US minted gold and silver coins and declare the face value of those coins on your income tax forms as taxable income."
"Why shouldn't the people resort to creating and using their own currency that has nothing backing it but its own scarcity and buying power? And since government has not yet managed totally to invade cyberspace, why shouldn't the people develop and use a virtual currency in cyberspace? Why shouldn't people develop a way to prevent the IRS and other government agencies from knowing every financial transaction the people make, so as to tax the people into into the hell of poverty, dependency, economic micromanagement, and financial slavery to filthy rich banking families?"
"Sure, BITCOINs can fail to provide stable value, but for the immediate future they suffer from NO government intrusion, NO banking industry finagling, and NO issue authority mismanagement. Furthermore, if you buy and employ enough computing power, you can create your own BITCOINS. While that has an inflationary effect, it also faces a limit - the number of BITCOINs possibly in circulation. This guarantees increasing scarcity and therefore increasing demand as more people find out about and start using them."
"TOR – this universal anonymity service lets you browse without others capturing your IP address. Installation? Uber-einfach. Just download, unpack to USB or hard drive, run TOR, then browse with Firefox portable. Its portability lets you browse without detection or traces on any PC."
"Drug traffickers' safe and continued use of TOR proves that you Whistleblowers and political activists may safely use it."
"contact Silk Road through TOR, free from government's prying eyes "
"... a somewhat new currency symbol: ฿." Bitcoin. "– a new virtual (digital) currency that operates without government control or issue authority (don’t worry, control will soon arrive). ... With enough computer hardware and software you can create BITCOINs, but normally you get them in trade, and you can actually buy drugs form them on the SILK ROAD above."
" BITCOINs operate similarly to QQ Coins. Tencent released QQ chat software over a decade ago, and issued digital coins as awards for gamers. Soon people started selling items on line for QQ coins. Tencent actually minted the coins and did over $800 million in business with them, flouting Far East government efforts to crush the unauthorized virtual currency.
"Now many people have begun to trade BITCOINs. Expanding their use might frustrate the IRS effort to steal Americans blind. So far, government has no clear and easy way to track BITCOIN transactions to people. So if you earn a million BITCOINs, how will the IRS know? Who says attorneys and prostitutes can’t contract with clients for BITCOINS? "
Mr. Hurt's blog:
http://bobhurt.blogspot.com/2011/08/tor-silk-road-bitcoin.html
American Social Credit -- I hope Bob Hunt will take at least half an hour to look at this proposal, as I have looked at Bitcom, seen its worth and its limitations.
Dick Eastman
5.3 minute video shows all about American Social Credit:
http://www.youtube.com/watch?v=xRfOtrYhVx8 --quick youtube overview that actually tells it all (silent movie -- watch in full screen mode and use pause button to examin diagrams) -- with all links to all sources of the American Social Credit solution.
http://www.citizensamericaparty.org/socialcredit.htm social credit -- now that you know the idea is worth looking into
http://www.thespiritualun.org/socialcredit.htm American Social Credit