#and getting random informations about a new project by the European Bank before it's even official
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The informants of the modern day brotherhood should be bartenders
Desmond Miles (who is of course alive and well) could be the center of the brotherhood's information network just working at Bad Weather
#this headcanon is brought to you by me working in a bar#and getting random informations about a new project by the European Bank before it's even official#bartenders are the biggest gossips in the bars & restaurants industry#ac#assassin's creed#desmond miles
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Tea and Soju
Bridging piece between “Are we ever going to talk about this?” and “KIdnapped!Q”. The events here feed into the plot but can be read as a series of drabbles.
Tags: Established relationship, but open secret. Intimacy in plain sight. Bond feeling his age. Mostly fluff with plot points. Tiny bit of angst. Q-Branch being weird.
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Christ, he feels like a teacher on a school trip. “Might I remind the class that the french police are notoriously speed adverse and do not take well to British nationals breaking the law on their home soil?”
--------------------------------------------------
SIS HQ, M’s Office - 12th Floor
Eve hands him his next mission dossier without preamble when he enters the antechamber to M’s office.
“He doesn’t want to see me today?”
Eve shakes her head. “Crisis in Hong Kong. He’s tied up with the station chief all morning. Besides your next assignment is a more or less a straightforward reconnaissance.��
There is no such thing as a straightforward in their world, Bond disagrees in his mind. He flips open the file and takes a seat on the edge of her desk, ”What is it?”
Eve comes around to stand next to him:
“MI6 Persons of interest: First is Marco Sciarra. Formerly linked to Silva on the periphery and several other possible terrorist links. Word has it, he’s meeting with an entrepreneur by the name of Kim Min Jun in Geneva next week. Which brings us to the second person: Mr Kim is connected to one of the Korean Chaebols - grandson to the Chairman,” Eve points to his picture in the file.
Kim Min Jun is a handsome man in his mid thirties. Perfectly coiffed and flawless skinned. The photo looks to be a media shot; designer clothes and posture befitting a princeling from a privileged background. His expression in the picture is cold and slightly imperious.
“You know how it is, the chaebols control nearly all aspects of the Korean economy including politics. So what he’s doing talking to someone like Sciarra piques our interest.”
Curious indeed. “What do we know about Sciarra and the princeling? And why Geneva?”
“Sciarra we know very little except he’s a fixer of sorts. Procuring equipment and expertise for his clients. You’re going to have to fill in the blanks for us when you track him,” Eve is apologetic on behalf of the research team.
“Kim we know more about. He’s dabbling in cryptocurrency at the moment. The Korean government has banned ICOs so many crypto start-ups are registering in friendlier countries. Switzerland has one of the friendliest regulations for fintech startups. Kim is unveiling his ICO (Initial Coin Offering) to investors next week. His new cryptocurrency is called- $PECTRE.”
Considering the concerns around cryptocurrencies and their use, I suppose that’s fitting. Is it really spelled that way?” Bond points at the name on the printed page. -Classy-. He thinks sardonically. Eve chuckles.
The next page his is cover brief. He reads it out loud, “Cover story… CEO Private Security Contractor. Should be easy enough to fill out.” He likes the ‘private security’ covers, its the easiest for him to slip into considering it is essentially the same skillset.
“The timing coincides with the Geneva Motor Show and the EBACE (European Business Aviation Conference & Exhibition) so there will be influx of fat cat corporate and private executives around the city with their private security teams - seems like a good reason to explain you and your Walther’s presence.”
“Hmm… What’s this?” he reads the next paragraph. They have teamed him up with the freshly minted 008. Logical - considering Agent Park is speaks Korean, he can work the Chaebol angle while 007 tracks Sciarra.
Then Bond sees it, the two other cover names belonging to people he knows well - Mr. Collin Mitchel and Mr. Nishant Chowdhary will be joining them on the trip.
Eve can see Bond’s hesitation, “Well, your cover will look rather silly without a ‘fat cat’ of your own to secure won’t it? … M approved their request to attend the auto and aviation show yesterday afternoon, so it’s a happy coincidence. Besides, they can help run your Ops.”
Q will be pleased about his shopping trip getting approved. All that engineering in one place, it was all Q could talk about for days. This mission will take almost three weeks just looking at the timeline, bookended by the two exhibitions. Mr Kim’s ICO launch will happen in between that, but intel has him arriving early for preparations.
Altogether, the mission parameters seem perfect and spending a so much time with Q in picturesque Geneva is something he can only dream of - but it does mean he is weighed down with the task of ensuring security for both the boffins.
It would not have mattered in his younger days; what with his cavalier attitude towards the lives of people he crossed paths with on his missions - to the point that even the previous M rebuked him for it (e.g. Strawberry Fields). This older and wiser 007 can feel the creep of responsibility and the extra precautions he will need to take.
Eve the omniscient seems to sense his emotions, smiles kindly at him - and despite being a decade younger, she tells him, “Time to grow up James.”
——————————
SIS HQ - Cafeteria
Friday afternoon 12:30pm
“So, we finally finished the analysis on Hayden’s phone... I know, its been over a month. There’s been so much going on with the spike in ransomware attacks on UK targets and Hayden hasn’t been the most cooperative.” Mark is sitting opposite Q on the crowded communal cafeteria bench, chewing on his pesto pasta salad.
It is peak lunch hour and the place is chock a block full. Q is still waiting for his lunch, “Anything of interest?”
“It looks like a rooting malware was downloaded into his phone at one point and then removed to avoid detection. We’ve gone though the logs of each app to find what might have been compromised but we still can’t find anything…”
At that moment, Agent 007 appears from behind Q. He drops a brown envelope and an armful of packaged food onto the long table. He then picks out a sandwich and a bottle of iced tea and wordlessly slides it in front of Q. The agent then squeezes himself into the small opening on the bench between Q and the next occupant. He has to sit straddling the bench, perpendicular to the table and angled towards Q in order to fit.
Mark notices that Q doesn’t even flinch at the sudden invasion of his personal space, his attention still on Mark even as he unscrews the top off the bottle and begins to unwrap his sandwich without so much as an acknowledgement of 007.
Taking his cue, Mark continues, “The likeliest target was his email, but they’re mostly administrative, we don’t send classified information through emails. We’re combing the logs to see what could have interested the hackers.”
“Is this about Hayden?” 007 asks, catching up to the conversation while inhaling his massive panini sandwich.
Mark nods, “It’s going to take more time to figure out if the hackers got anything useful out of the whole thing.”
007 considers, “They went though all the trouble of setting up a trap like that - it would have taken months. No one expends resources like that unless they know what they want out of it...”
He shifts the sandwich in his hands, stuffing a piece of chicken that escaped back into the bread before he continues, “They would have known MI6 wouldn’t be so callous with classified information. So perhaps Hayden wasn’t the actual target - he might have just been a vector. A way to get into the system.”
Q finally turns to 007, “But it is unlikely that they would spend time rooting around our systems for information they might find relevant, it would take too long. Not to mention the navigating layers of security. The longer they stay inside the system, the higher chances of being found out.”
“Precisely. If it were me, I’d use the access to engineer it so that my target -gives- me what I’m looking for. Then bugger the hell out of there before they realise it.” Bond emphasises the word ‘gives’ by tapping a forefinger on the table top.
“She managed to slip away, but as I understand, DEF CON was her opportunity to break things off with Hayden - even he mentioned as much. I’m willing to bet their final rendezvous was to allow her to remove the malware from his phone. Think a bout it, why remove the malware unless you’ve already got what you need and you’re covering your tracks?” Bond takes a swig from Q’s iced tea.
“Bond, if it were you, what would you do with the access?” Q asks prompting him further.
“It would depend on what I’m looking for. If we take it that Hayden was not a random target, then consider what his position and clearance will give him access to. I could use social engineering to pose as Hayden and requisition seemingly innocuous information that might point me in a direction or to confirm intel,” Bond takes them thorough his thought process.
Mark thinks out loud, “His emails just contain administrative stuff. Meeting schedules, budgets, department rosters, project timelines… hiring and resignation notices—“
Bond cuts him off before he misses the point, “Put motive aside for the moment and look at the behaviour. If we work on the premise that the information was given to the hacker, try checking his inbox - though it’s likely the hacker would have deleted it. So check his deleted email logs, even if they emptied the bin, I’m sure you have ways around that don’t you?”
The two boffins stare at him for a moment. The type of work they do meant that they are naturally wired as detail oriented and deep technical thinkers, but can sometimes miss the forest for the trees.
Mark swallows the last of his mouthful, expression excited. He picks up his trash and water bottle and starts to extricate himself from the bench, “Good chat 007. I’m going to—,” he makes a flailing gesture in the direction of the lift banks, indicating he was going to get right on it. “I’ll update the both of you later!” he calls back to them almost as an afterthought.
—
Moment later, another SIS employee slides into the vacated seat, grateful to have found an opening. But once she realises who is sitting across from her, she seems to hesitate before nodding politely to Bond and Q who return the gesture.
The general population in SIS are a little wary around the Double-0 agents. Something about knowing definitively that the person you’re facing has taken a life possibly with their bare hands - even if it is in the service of the nation that makes most people uncomfortable.
It is exactly how 007 likes it anyway; keeps the small talk at bay. Bond turns his attention to Q, his voice dropping lower now that it is only two of them in the conversation, mouth inches from Q’s ear, “What are you doing after lunch? Do you have time to talk about Geneva?” he taps the official looking brown envelope on the table.
“Ah, I have a meeting with the people from Aston Martin at Tintagel House. Shouldn’t take long. We can discuss after that?” Q suggests.
Bond perks up like a child trying to guess his Christmas present. “Oh? Am I getting a new car?”
“You realise that there are twelve other agents we have to outfit besides yourself…” Q gives him a pointed look, reclaiming his iced tea that Bond stole.
“Besides, it might end up being an electric car; and we know how you feel about any vehicle we issue you that has anything short of a V8 inside.”
007 at least had the temerity to look sheepish. He recalls the heated argument several years ago with Q-Branch the last time they attempted to send him out with a hybrid car. An argument he may live to regret, now that the technology has progressed so rapidly.
“Can I come with?” Bond asks, trying not to sound too needy by concentrating on wiping his fingers with a paper napkin. It has been over month ago that they agreed to share living arrangements, but he’s been away on mission for half of it so realistically speaking, his wardrobe has spent more time in Q’s bedroom than his person.
“You can wait in the lab. Or… you might even try locating that mythical office of yours. Legend has it you were given one, even if it might be a hot desk.” Q teases him.
—————
Tintagel House, Albert Embankment
In the end, Q relents and lets Bond walk him the short distance to Tintagel House and the rented co-working space that Q-Branch employees use when they need to meet external vendors.
The two representatives from Aston Martin are waiting when they arrive. Q introduces himself as Collin Mitchel from MTech R&D Consulting. Bond’s presence is explained away as ‘private security’ a convenient excuse when he wants to be ‘seen but not heard’.
To the outside world, the four of them - Q (Collin Mitchel), R (Jenny Khoo), S (Nishant Chowdhary), and P (Mark Trent) are Senior Project Managers of MTech, a private engineering R&D firm specialising in IT security and customised equipment solutions.
The little exclusive R&D company is the front that allows Q-Branch to procure components and equipment without being directly involved. Their role as Senior Managers is carefully crafted to position them high enough to have clout when dealing with external contractors but not high enough to warrant any further interest in them personally. A careful balancing act.
This is their cover story for most of their day-to-day lives outside the walls of SIS. The first and most superficial layer of their identities. It is their public persona - the names on their takeaway coffee cups and the names the world would call them.
As for the car, it is not a production car at all. ‘Mr Mitchel’ is custom designing a car to very exacting specifications. They have the chassis pinned down based on the Vantage. And the body will be a custom designed beauty, if the concept drawings are anything to go by - but the engine and other mechanicals have yet to be finalised. Collin is leaning towards electric as the small motors leave more room inside for ‘modifications’. The auto show will give him inspiration for how he can implement the vision.
Bond still doesn’t know who the car is for; Q refuses to say. Aside from the travesty of the electric motor, the renderings of the car seem exactly his style. Surely he is due for a replacement. His poor track record keeping cars in one piece not withstanding, the older V8 Vantage he is usually assigned is looking frankly anaemic at this point.
The meeting ends an hour later. As Q walks them out of the building, the senior rep who’s known Collin for a while now asks a curious question. “Hey Mitchel, seeing that your office is so close the the SIS building, have you ever met an MI6 agent?”
Q is unperturbed by her question. It is a question that comes up often in various forms during small talk. “Well, they’d be shit spies if I can spot them,” is his practiced reply. He takes a peek over her shoulder at Bond who is standing to the side - listening to everything.
“Ha! True… Imagine though, you could be having lunch at the place across the street and sitting next to someone like Jason Bourne.” The rep seems to find the idea titillating.
“Nevermind the spies, imagine the kind of tech they have in there. I read somewhere that they’ve got submersible cars and portable jet-packs..,” the second rep, an engineer, chimes in. “Being the Quartermaster must be the coolest job.”
Again Q unconcerned. The codename has been around for decades, since even before Major Boothroyd. Q himself had heard the name thrown around in engineering school, used to reference the more ridiculous solutions that students came up with.
“Yes, I suppose it would…” Q agrees with the assessment and leaves it at that.
———
SIS HQ, Q-Branch - Lower Ground Floor 1
Agent Marcus Park does not know the ‘rules’ yet. The newly minted Double-0 replaces the outgoing 008 who has miraculously survived to see retirement. Park is of Korean descent, mid 30s, former Captain in the Royal Army…… Tall and lean, at home in street fashion and cleans up well when needed. Tech and social media savvy, he’s the new generation agent - as long as he stays alive long enough.
He’s been measured, photographed, scanned, sampled, pinched, poked and prodded all day in Medical and Q-Branch as they collect the the information they need to customise all the bits that will go into his kit. Marcus thinks the Q-Branch minions know more about him by now than he knows himself. They even know his bone density and which side of his molars he prefers to chew on.
Thankfully by mid afternoon, Nish releases him temporarily to let him have a break. He has taken the opportunity to make himself a cup of tea and have some biscuits. He returns to Nish’s workspace to wait for further instructions carrying his tea in a borrowed novelty Q10 mug.
Nish is typing on his workstation, reviewing Park’s results but seems distracted - stealing surreptitious looks his way. A few other minions slow down as they walk by as well. As the new agent, Marcus is expecting some sort of hazing. Though he’s expecting it to come from the senior Double-0s.
He thinks it is better to get it done with. “I get the feeling something’s up? Is the tea spiked?”
Nish tries to find his words, without making Q-Branch seem like weird people, but just ends up gulping air like a goldfish.
“Earl grey? In the fancy tin?” Marcus prompts.
“No. No… It’s not spiked. That’s the Quartermaster’s tin.”
“Ah, he’s particular about that sort of thing is he?” Mischief. “I won’t tell if you won’t,” he taps the side of his nose.
Josh, the minion occupying the next table waves his arms frantically at Nish from behind 008. He points repeatedly at the CCTV monitor mounted on the column above his workstation. On it, they can see feeds from all levels of Q-Branch, including the lift lobby and main doors of each floor - it is as much for security as well as work safety.
Nish takes a quick peek at the monitor and starts to worry. “Not exactly…. It’s not the tea, and Its not the Quartermaster you should be worried about.“
Okaay… Marcus is starting to think Q-Branch are a weird bunch. He had only been officially introduced to Q in the morning. Marcus has been an agent for several years but stationed overseas. As a field agent, he normally collected his tech from his handlers so never expected that the skinny, floppy haired man-child he’d crossed paths with maybe twice in the SIS bulling was THE Quartermaster. He seemed normal enough from the brief encounter, perhaps bordering on patronising - but that could be just the formality that made it seem so.
“Josh will make you a fresh cup!” Nish snaps his fingers urgently at the other man. Josh rushes up to Marcus to retrieve the mug.
“Oh, don’t trouble yourself. This one is fine.” Marcus waves him away still holding on to the mug. Josh is paralysed, not knowing what to do. He can’t very well wrestle it out of the agent’s hands.
Too late.
”Ah 008. Nish. How is the fitting going?” Q’s voice carries from behind Nish. Nish does not have to turn around to know that 007 is with him. Josh slinks away quickly.
“Quartermaster. It’s going very well. Taking a break, just replenishing the sugar levels,” 008 lifts the mug of tea and the plate of biscuits. If the Quartermaster is that particular about his tea he’s going to try and get a rise out of him.
But Q does not react. Instead it is the man next to him that stills ever so slightly - no that’s not accurate, it was more like an almost imperceptible shift in body language. The body loosing that casual ease, control sliding into place.
A fellow double agent Marcus is sure. Predators know other predators. They study each other for a moment.
Q realises they haven’t been introduced. “Ah 008, have you met 007?”
Both men extend a hand out for a polite shake. Introductions ensue.
Nish uses the opportunity to signal to Josh to check his chat program.
:: Make a fresh pot and get back here with 3 mugs ASAP! ::
Josh flees to the pantry just in time, as the introductions finish. Nish then draws everyones’ attention to the data they have collected so far in the day. And when he runs out of interesting things to say about the data, he tries to shift the conversation to the new car for 008.
“Ah, about 008’s car - how did the meeting with Aston Martin go?” Which was apparently the wrong thing to say.
There is no mistaking the hurt and affront as 007’s eyes go wide and the set of his mouth goes slack.
Q grimaces at Nish and squeezes his eyes shut a moment before turning to face 007. The lowered tilt of his head and the apologetic smile up at 007 tells Nish that there might have been a misunderstanding about it. Oops?
What follows is an uncomfortable summary of the meeting with Aston Martin. With Q trying to convey his excitement about the project without offending 007 further.
Marcus listens attentively, leaning casually on Nish’s worktable, asking appropriate questions and offering his input about the design and potential modifications - all the while taking sips from the mug cupped in his hands. With each consecutive sip, he notices 007’s stare get more intense, eyes like blue chips of ice - Bond seemed to be watching him drink.
Curious. Marcus is confident of his own charms, but he hasn’t even tried anything yet. Surely 007 would be much more discrete than this if he were interested. The senior agent is not conventionally handsome but he has a rugged charm - if you like that sort of thing. Still, it might be an enlightening experience. He catches Bond’s stare and flicks the tip of his tongue against the lip of the mug before taking the next sip.
Bond is not happy. He is still smarting from the disappointment, then he has to listen to 008 ingratiatingly espouse the benefits of going electric with the new car and tolerate his drinking out of Q’s mug. And to top it off, 008 is now -taunting- him??
He doesn’t know when it happened, but Q is so attuned to Bond’s breathing by now he can feel the irritation radiating off the man standing next him. He thinks it is a rather disproportionate response to not getting a new company car for an agent his age - especially when he was never promised one in the first place.
Nish thinks this afternoon is headed straight for a disaster. Why is Marcus molesting the mug - it is like waving a red cape in front of an angry bull. Bond is so still it it is foreboding. Where the hell is Josh??!
Josh finally appears with a tray of mismatched mugs filled with tea. He nudges his way in between 007 and 008 using the tea tray as a wedge.
“Oh! Thank you Josh. You didn’t have to…” Q is bewildered; his minions don’t usually make tea for their visitors with the exception of Mallory. It is not encouraged to prevent the double-0s from feeling further entitled.
Josh deliberately picks a spot on the table, right on the small strip of clear space in front of 008 to set the tray down. This forces Marcus to put down the Q10 mug somewhere else and help Josh clear a bigger area to fit and unload the tray.
Nish swipes the mug in the ensuing distraction and sets it on the far end of the worktable away from 008. Bond catches the action and cotton’s on; then decides to take matters into his own hands.
In a bizarre turn of events, 007 proceeds to pick up each fresh mug of tea and offers it to Nish first; then to Josh - who accepts it out of pure shock. And then finally to Marcus - who looks bemused as he accepts it.
Then he leans very close to Q, a hand on the small of his back - voice intimate, “I’ll go get your tea.” Then he leaves for the pantry; collecting the Q10 mug when he rounds the table.
This leaves the four of them (Q, Nish, Josh and Marcus) standing around the worktable in awkward silence. Q just shrugs and smiles tightly, not sure what has gotten into Bond today.
Marcus can tell something happened, and it had to do with tea - but is still not sure exactly what. He has to revise his assessment of Q-Branch and perhaps 007; they are DEFINITELY a weird bunch.
—————————————————————
London to Geneva
The twelve hour drive included several refuel and recharge stops. With 007 in his old V8 Vantage and 008 in a hand me down Audi R8 formerly assigned to 003. Q and Nish on the other hand were enjoying the brand new modified Tesla Model X.
The Tesla was meant to be a support vehicle for handlers or other members of the support team that needed to be closer onsite - a mobile Ops centre of sorts. The large central screen was perfect for video conferencing and the software that controlled most of the car’s functions made it easy to add specialised ‘apps’ that increased its capabilities. The ‘summon’ mode that came stock with the car had been hacked to near true autonomous levels - turning it into a bulletproof infiltration or escape pod that could be summoned remotely if needed.
To top it off, the boot space was now fitted with hot-swappable modules that could contain anything from an armoury, a medical lab, a mini workshop, a surveillance drone launchpad etc. depending on mission parameters. The teams could even use its batteries as a power generator for a limited time.
All in all, another technological marvel courtesy of Q-Branch. But the best thing about it was also the simplest. The fact that the electric motors had enough punch to allow support teams to catch up to, or flee from hot situations.
A fact not lost on the boffins during their test drive to Geneva. While the sport cars that 007 & 008 drove had higher top speeds, the Model X’s acceleration was as advertised - ludicrous.
“Oh my God. This thing is insane! Check the accelerometer, how many Gs did we pull?”
At motorway legal speeds, they were unmatched. Something the boffins took plenty of pleasure doing on the open road - overtaking the agents whenever they had the chance.
Q tuts smugly at them as he pushes the car performance, “Oh hello 007, 008. Mind picking up the pace? We haven’t got all day…”. The dark grey Tesla pulls out from behind the convoy and shoots smoothly past the stunned agents.
Over the 3-way call and the roar of his noisy V8 engine, Bond can hear Nish and Q hooting and cackling like teenagers. Drunk on instant torque - Nish even tried to egg the agents into a race.
“Come on! Last one to Saint Quentin buys dinner!” Nish called out over the connection.
“Where are they? Did we loose them?” Q ribs the agents.
A testament to his growing maturity, 007 refused to take the bait. He could out manoeuvre them easily even with the handicap; but as senior agent on this mission, he’s not about to encourage dangerous driving that will attract the attention the french police and get them pulled over for no good reason.
Agent 008 however, did take the bait - turning the section from Beaune to Saint Quentin into a light game of tag all the while quibbling with the boffins good naturedly.
“Dinner is a broad term. Are we talking Maccies or the Ritz?” Marcus wants clarification. His Audi R8 pulling out into the overtaking lane and closing the distance.
“Ah, there you are 008.” Q catches him in the rearview mirror.
“Mate, the Ritz of course! Risotto with Grana Padano cheese and truffle oil and a bottle of the best Chasselas in the house,” Nish is surfing the menu on his tablet.
Christ, he feels like a teacher on a school trip. “Might I remind the class that the french police are notoriously speed adverse and do not take well to British nationals breaking the law on their homesoil?”
“… wet blanket…” someone mutters over the line.
“This doesn’t have anything to do with 007 having the slowest car of the lot does it?” Marcus goads.
The roar of Bond’s V8 engine barely drowns out their laughter.
By the time they arrived at the next rest stop, Bond had reached the end of his patience. He is not about to let the inexperienced boffins attempt to race a young impetuous double-0 through the twisty alpine roads with its sharp drops up to Geneva.
He forces Nish to switch cars with him. As for Q, he pinned with a strong hand behind the neck like you would a naughty cat by the scruff - and fixed him with a disapproving glare.
That effectively put an end to the game. Bond’s sports car was far less intuitive to drive - unaided by fancy tech and electronics, the performance machine required skill and experience to control. Nish has not much of either with the car, so had to treat it with respect.
Which left Bond driving the Model X with Q as passenger. It is essentially a glorified minivan in his eyes.
“Since when were you the sensible one?” Q grouses, tapping on the navigation screen to check their arrival time.
“Haven’t you been in my ear nagging about it for years?”
“And you chose now to listen to me?”
“We can’t both be irresponsible at the same time.” Now there’s a sobering thought, the havoc the both of them can wreck on the world… maybe that’s why interpersonal relationships are frowned upon, “The world isn’t ready for it.”
Q looks over at Bond and taps some options on the screen. Suddenly the car feels different, just as they are about to merge back onto the motorway. The instant torque that throws him into his seat when he puts his foot on the accelerator catches him by surprise.
Twenty minutes into the drive and Bond has to grudgingly admit that the acceleration was addictive, and the silence a relief to his ears. The seats and suspension far less a strain on his back and the large screen is easier to read. 007 has to face the terrifying possibility that he might be getting… SOFT.
“Admit it, it’s not as bad as you thought it would be.”
“Yes fine, I’m starting to see what all the fuss is about. Can you drift in it?”
“Not quite yet…. We have figured out how to bypass the stability control and add it as a shortcut tile onscreen—,“ Q points to the red ‘Chase Mode’ button on the corner of the main screen.
“—but its a heavy car and no one in Q-branch has managed to get the tail to spin out without nearly killing themselves in the process.” Q grins at him, “You up to the challenge?”
Bond quirks a smile as he puts his foot down on the accelerator to effortlessly and silently overtake a lumbering lorry.
“Sure, when we get home… But what happens if I need to turn the car OFF and ON again in the middle of a chase?” He’s not quite ready to surrender his internal combustion engine for a mobile phone on wheels.
————-------
Geneva Motor Show - Palexpo, Grand-Saconnex
Aston Martin Exhibition Stand
“Bond, if you stand like that next to the Vantage any longer, the press is going to think you’re a hired model.”
The agent is doing his patented man-in-suit ‘pose’ - that blend of deliberate insouciance he’s perfected over the years, feet right distance apart, one hand in his pocket. Hell, his suit is probably more expensive than what some of the actual models here are wearing. If Q was being honest, Bond makes the car look even better.
Q knows what Bond is doing. He’d basically herded Q over to the massive Aston Martin stand and refused to let him leave. Dragging him back to draw his attention to one thing or another whenever Q tried to move on. The bastard is fishing for a new car and not so subtly hinting which one he wants.
“Come over here,” he uses his free hand to gesture to Q, cajoling and demanding at the same time.
Q has to roll his eyes. He comes to stand in front of the information sign next to the car. He knows it already, the recently updated Vantage now has a 4.0 litre twin turbo V8 engine pushing out 503hp, 0-62mph in 3.6 seconds with a price tag that does not even bear thinking.
Q does a bit of mental math, “At that price, not to mention the cost of the additional modifications, we usually want to get more than a single use out of it…” a direct jibe at 007’s track record.
Bond just smiles cheekily and leans in close, “But surely if it meant the difference between if I get home in one piece or… several pieces, it’d be worth it. Consider it safeguarding Her Majesty’s assets.”
-Oh low blow-. That’s emotional blackmail. If they weren’t in public, Q would have smacked him soundly with the stack of glossy brochures he’d been collecting all day.
“Or we could write you off as depreciated assets and be done with it,” that was extra mean, and Q knows it. So he softens the blow by handing Bond the stack of brochures to free his hands and starts to inspect the car - making a show that he is ‘considering’ the request.
He pops open the bonnet to examine the engine setup, walks around checks the tyres and breaks, checks the boot space before climbing in to examine the interior and driver’s setup and controls.
Q is surprised when an Aston Martin executive lands in the passenger seat all of a sudden and introduces himself as the Deputy head of Engineering before drawing Q into a conversation about the car’s performance and clever electronic bits.
In his peripheral vision, Q sees Bond round the car to stand just outside the driver’s door - trapping Q in the driver’s seat. Bond braces and arm on the hood of the car and leans into the cabin, ostensibly to listen to the explanations from the executive.
Lecture completed, Bond finally allows Q to climb back out. Q grudgingly accepts a brochure from one of the marketing reps circling the stand and when he turns to regard Bond, silently asking -Happy now?-.
The man is standing close - he picks the brochure out of Q’s hands, placing it on the very top of Q’s growing collection before handing the entire stack back to the quartermaster. A satisfied smile on his face that conveys -I want one-.
Nish appears just then interrupting their silent repartee, “Q!— I mean Collin.” Nish hisses his name in a not quite whisper. 007 has to suppress the urge to roll his eyes. The boffins keep forgetting to use their cover names.
“Have you seen the concept Lagonda? That thing is ‘effing bonkers!” Nish is holding a champagne flute. “They’ve got drinks too yeah!”
Their priority passes as well as MTech’s connections score them invitations to exclusive launches by select manufacturers. For the boffins, it is Disneyland but with free alcohol. 007 can only hope that they will manage not to get too drunk on ‘gratis’ bubbly by the end of the day.
———
It was not all play and no work for the agents though. The day proved to be a fruitful outing for all of them.
At the Bugatti concept unveiling, 008 spots his mark. Kim Min Jun is watching the event together with the other VIPs. Marcus makes his move, insinuating himself into his small entourage of young, rich, social climbers. He scores an invite to drinks and party that evening at the Mambo in the city.
007 too finds his mark walking the show floor with a stunning woman presumably his wife. He watches as Don Marco and Kim meet briefly upstairs in the invitation only pavilion of the Bugatti stand. 007 takes his opportunity, swiping an unattended marketing pass from a table and goes up to the woman whom he later learns is Donna Lucia Sciarra. From her, he finagles their hotel name and duration of stay whilst giving her a tour of the cars on display.
———----------------------
The Ritz-Carlton, Hotel De la Paix - 2:00am
Bond gets back to the Ritz at 2am. He’d spent the evening with Donna Lucia while her husband was away attending to business. While Lucia wasn’t averse to physical dalliances of her own, she was loyal to her husband and his chosen profession. She had enough understanding of economics to know that her own position and lifestyle depended on it.
Which meant that 007 despite his charms could not get much information out of her other than a hint that Sciarra’s activities revolved around a client (presumably Kim). However the evening did present him with the opportunity to plant trackers and upload a virus into Sciarra’s laptop.
Now back at the Ritz, his room is oddly empty - Q is not in the room nor the connecting one. Neither bed has been slept in, nor was there a note of explanation. He checks his phone in case he missed a message - nothing.
Bond searches his jacket for his earpiece and puts it back in, “Q? Are you there?” No answer, but a moment later a sleepy Nish answers.
“Yes 007? I thought you’d finished with your objective tonight? The virus will continue to monitor and transmit data, but it will take time for HQ to shift through to find anything of interest. Did you need anything else?”
“Where’s Q?” voice carefully neutral.
“Uhh… in his room? He said he had a headache and had me standby on comms tonight. Why?” Nish is starting to sound concerned.
Bond stamps down his rising unease. He’s about to request Nish to check Q’s location when the room lock beeps and the man himself enters, dressed as he was during dinner. Q is swaying on his feet a little, that and the flushed skin indicated that he might be slightly inebriated.
Eyes locked on each other. “Nevermind. False alarm,” he tells Nish and removes the earpiece.
“Where the -hell- were you?” Bond is relived, but can’t keep the irritation out of his voice.
Q is a little taken aback by it. “I…uh… 008 called, needing assistance. It seems Kim Min Jun has few topics of interest outside of the serial partying expected of a socialite. Financial investments is one and the other, engineering. He’s a software engineer by education though his actual coding experience is limited, however he does retain an -intense-“ head tilt to emphasise the world “—interest in the field.”
He’s rambling. Bond knows Q does that when he’s stalling. “What happened?” he asks, more gently this time.
“008 was having difficulty maintaining Kim’s interest, so requested my help. We met up with him at his rented residence for a private party. Sciarra was present as well. Marcus did the requisite drinking, including most of my share, while I did the talking. Mostly about IT security, a little bit about encryption - fundamentals for the most part.”
Q elaborates while walking further into the room. He starts to empty his pockets and removes his jacket. When he’s done, he leans against the hallway wall - clearly tired.
“After a while, Sciarra who hadn’t spoken much the entire night brings out a tablet. He had a game on it, some sort of storm the castle type strategy puzzle. The game is adaptive - machine learning adjusts the game’s response to the skill level of the player in real time. It does not have preset levels or preset game paths like traditional games.”
“I can’t imagine it would be something for commercial release, it’s terrible as a game - it felt more like a simulation. But to the right people, it would be entertaining I suppose. He asked if I could help him solve the game. He’d been struggling for weeks apparently.”
Then more quietly he adds, “Park and I were concerned that if we did not indulge him, Sciarra would leave early… and that would put you in a precarious situation.”
Q braces for Bond’s exasperation, “Q… we’ve discussed this. You are not to put yourself in danger for my sake.” Sleeping with a colleague had its complications.
“At no point this evening was Sciarra or Kim aggressive nor did I feel any immediate danger.. just a general unease.” Q tries to defend himself.
And quickly continues, “We spent close to an hour on it, trying multiple strategies before making significant headway. I wanted to leave after that, so made an excuse about being too drunk for anymore strenuous thinking. Sciarra did not seem inclined, wanting my help to finish it. Kim was more accommodating and let us leave. He seemed pleased though, enough to invite us to the launch of his ICO.”
Bond has a sinking feeling in his stomach. So that’s what Lucia alluded to, when she said her husband was out scouting for opportunities. What was 008 thinking? He’d tossed an unprepared boffin into shark infested seas and chummed the water.
“Invite YOU, you mean… I think their interests rest solely in you at this point.” Despite the disapproval roiling off him, Bond can sense how uncomfortable Q is and steps in close, hands wrapping around his ribcage. Q melts into the comforting touch, resting his hands on the lapels of Bond’s jacket.
“I suppose… James, I’m going confess - I’m feeling somewhat out of my depth in this. Sciarra makes me nervous. And the personal manipulation feels… distasteful. Intellectually I understand the need for it, but it’s so different when you’re in the thick of it, that constant anxiety about being found out.”
“I’m guessing you felt a connection with Kim? The manipulation works best if there is a connection but also feels the worst.” Bond hopes the explanation would help.
Q nods in agreement. “Kim is a good conversationalist, we have overlapping interests, in any other situation we could very well be friends. How do you do this?” It is a rhetorical question. He is beginning to understand what 007 has to do in the line of duty; how this line of work can alter your perception of the world. He recalls Bond’s file and the trauma of Vesper Lynd.
In a moment of drunken paranoia and insecurity of his own, Q’s internal commentary goes into a wild tangent - what if Bond with his training and psychopathic tendencies is toying with him? How would he even begin to tell? Cold creep of horror constricts his chest. What if one day James tells him that he’s done playing house? Itch scratched?
He tries to distract himself by picking at a loose thread sticking out of Bond’s shirt where a button should be, the next one down is missing as well. How unlike Bond, he’s usually so fastidious with his wardrobe— ohh!
“Did she… pop your buttons??” The mental image is not helping his insecurities at the moment. This is nothing, just a couple of buttons - nothing compared to the cuts and bruises Bond comes home wearing all too often. But it is enough to remind Q that as recent as half an hour ago, Bond was in the embrace of someone else. There is even a lingering hint of her perfume.
His expectations in this regard has not changed just because of their as of yet undisclosed relationship. Q can maintain a clinical detachment while reading about and even on occasion listening to 007’s amorous encounters in the line of duty. But he is usually spared the physical aftermath. James always return to him carefully put back and scrubbed clean of evidence so to speak. So to be confronted with it for the first time is jarring, especially in his current state of mind.
Bond feels Q stiffen in the embrace. The gentle idling hands on his chest suddenly ceasing their movements - recoiling slowly into loosely balled fists. He grabs Q’s hands before they slip off his chest.
The action snaps Q out of his spiral of paranoid thoughts, anchoring him. The cold tightness around his chest eases - the warm reality he chooses to believe in edging out the insecurities.
Bond sighs heavily, he is going to have a talk with with 008 in the morning. Park should have checked with him before involving Q in this. The Quartermaster for all his eager willingness to help any agent in need; is not trained psychologically to handle up close deception nor does he have the right personality traits for this type of field work.
“I need a shower.”
“I could use a shower.”
They both declare at the same time. This makes the both of them smile, lifting the dark mood.
“Care to join me? You scratch mine and I’ll scratch yours?” Bond starts to go in for a kiss but stops in time when realises that the taste the Lucia’s lipstick is probably still on his skin.
“I’ll join you, but they’ll be no scratching involved.” Q is already starting to undress him, pulling his shirttails out of his trousers. “Shower, then sleep,” is as detailed a plan he can muster at the moment.
“Oh, thank goodness.” Bond exhales, visibly deflating - the bravado bleeding out of him. He is no longer as indefatigable as his reputation suggests.
“By the way, fair warning: I will likely be quite the tosser in the morning. I can already feel the beginnings of a hangover. Do you think throwing up now would help?”
“How much did you have to drink?”
A less than attractive burp escapes him. “No idea. Several rounds, at least, of what they call Poktan-ju. It’s some sort of bomb-shot. Soju mixed with beer? Christ, those things are potent.”
Bond kisses his temple and guides him to the bathroom, “Come on, I’ll hold your hair.”
—————————————
Ritz-Carlton - Breakfast
“You’re shagging the Quartermaster.” Park concludes after the lecture.
Not quite the response Bond was looking for after his talk about not putting untrained personnel in harm’s way; but one has to admire his cheek.
“The bed in his room is always made. No personal items on the bedside table. The adjoining door is always open. There are no used clothing anywhere in his room or bathroom, only fresh ones the hotel laundry returns in the wardrobe. And even those have his jumpers mixed in with your suits…” Marcus checks Bond’s reaction, just to make sure he wasn’t going to need to avoid an impending punch.
“The clincher though, is he leaves his phone charging in your room on the bedside table next to what I’m assuming is his side… I peeked. If you’re trying to keep it a secret, you’re doing a pretty shit job,” he finishes with considerable smugness.
Bond wonders if the previous M hired the next generation based solely on the measure of their precocious impertinence. The four of them have been using the Quartermaster’s room as a meeting room every morning for sitrep before they got on with the day’s agenda. So he supposes it is only expected for an agent of Park’s calibre to catch on sooner rather than later.
“Congratulations, you’ve figured out something every boffin in Q-Branch would have been able to tell you,” Bond deadpans.
A congenial chuckle escapes Marcus, “I have to say though, I’m somewhat embarrassed at how long it took for me to notice. For a short while I mistook your territorial displays as invitation. I was about to proposition you at one point… even if you aren’t exactly my type.”
Now that, genuinely was surprising. The amusing confession is an olive branch, and Bond accepts it by not punching Marcus in the face to underscore the message of his lecture.
And in regards to the lesson, Marcus concedes, “Fine! I’ll take your suggestion into consideration… for future reference.”
“Instruction—”
“—Advice.”
“Direction.“
“Counsel.”
“Order.” Bond is beginning to understand Mallory’s accelerated hair loss over the last two years.
“How about we settle at strong recommendation?” Marcus suggests affably, some measure of contrition in his cheeky smile.
Bond just blinks slowly and sighs. Agent 009 must be certifiable to want to one day succeed Mallory into a leadership position.
He looks over Marcus again. Despite the rebellious backtalk, the younger agent looks like shit warmed over. He is nearly slumped over the breakfast table.
“Should we have your stomach pumped?” The pathetic sight pulls a shred of pity out of him. Q isn’t even awake yet and if Marcus drank most of his share for him; it is no small feat that the agent managed to get out of bed this morning. Bond is aware of the ‘fellowship’ drinking required in other cultures, so spares Park a second lecture.
Marcus just waves the comment away. “Nnngh. Put a bullet in me and be done with it.”
—
Bond’s buzzing phone signals the end of the conversation. No caller ID, number withheld. He answers but says nothing.
“You boys at MI6 just can’t resist a challenge can you?” a familiar voice says without preamble.
Now this is interesting. “Felix. How are you? To what do I owe this call?”
“The puzzle box. The dammed game. It’s a test. Sciarra has been toting that thing around for months. We’re not sure for what yet. But it seems your new boy and the computer nerd he brought along made quite an impression last night.”
-Ah shit…- “And how do you know this?”
“Standard stuff, you know better than to ask. What I can tell you is Sciarra’s been seen poking around Silicone Valley. Word is, his next stop was going to be Russia but seems you boys have given him reason to delay that.”
“What do you know about Kim Min Jun? Your guys have better access to South Korea than we do.”
“Not as much as we’d like. The boy is a princeling, but only on the periphery - he’s a bit of an outcast. His connection to the family is through his mother who is the youngest of four. She was sent to the Europe for her education, where she met a man - a fellow student. She had a child by him outside of her family’s approval.”
“They married for the sake of appearances, but her family never warmed to him. He had some means, but nothing compared to her family. So eventually they split and she returned to Korea with their young son. Kim’s full name is Ferdinand Oberhauser-Kim Min Jun. Though he dropped the use of his father’s family name in favour of his mother’s surname Kim.“
“Alright so that’s his past, what about his current?” 007 continues to fish for information.
“Kim might not be a central figure or direct heir but he is still considered family, so there are… sensitivities involved. If it leaks that the we have interest in a family member of a powerful Chaebol, the political and public fallout could jeopardise international relations.” Leiter is being unusually forthcoming this morning.
“I see… so is this a courtesy call or do you need something?” the bored tone belying the interest underneath.
Felix clears his throat. -Here it comes- Bond thinks, “It seems your side has had better luck getting close to Kim. We’d like to know what he’s up to with the ICO. In return, we’ll tail Sciarra and let you know what he’s looking for in Silicone Valley and Russia.”
He doesn’t answer immediately, milking it for all its worth. It is not everyday that the CIA admits to being one step behind.
Eventually he answers, “Well, no point doubling up on the same job.” He doesn’t tell Felix that, MI6 already has a virus in Sciarra’s laptop. Anyway, Leiter might have more information and a partnership might be useful in the future. If the CIA is also interested in Kim, there might be something larger at play.
There is a hint of relief in Felix’s voice, “Always a pleasure doing business with you James. Oh and, wherever you found that computer nerd, I hope he’s insured. We don’t know how far this goes. We’ll be in touch.”
—————————————————
Note: If you liked this fic, there’s more like it on the blog. Enjoy!
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The last few months have been an interesting time to be working in the European Union's capital city, Brussels. Outside, in the real world, the global economy seemed to stagger from crisis to catastrophe and then back again. Our most reputable banks crumbled to dust, shares across the world went into a hair-raising nosedive, major companies became close to worthless, hundreds of thousands lost their jobs and millions of others feared the worst.
But in the Brussels bubble you'd hardly have known. Of course, we could follow the entertainingly gory unfolding financial Armageddon on our large, flat-screen TVs, but it was more like watching a new, star-studded, blockbuster disaster movie than something that was happening in reality. While the global economy tottered on the brink of the abyss, the European parliament passionately debated such issues as new rules for timeshares, the tropical timber agreement, a European licence for online music sales, a special strategy for mountain farming, human rights in Vietnam and whether 2010 should be declared the 'European Year of Creativity and Innovation'. And while we watched with horror as our savings and pensions seemed to evaporate before our eyes, the European Commission issued over ten new laws a day covering every conceivable area of our lives, including increasing customs duties to put up the price of many imported foods, mandating that slaughterhouses should employ a full-time person to look after animals' welfare in the last few minutes before they were killed and launching an anti-dumping investigation into whether China had been falsely declaring shipments luxury of footwear with a protective toecap as coming from Macao in order to avoid import restrictions.
Then, after their busy days debating weighty subjects and making new laws, the Brussels euro-elite continued to go to lavish champagne-fuelled receptions in the evenings, as if unaffected by the financial crisis, before taking taxis to highly rated restaurants to feed themselves at the taxpayers' expense; continued to flit from city to city to attend important meetings; continued to fly around the world on crucial fact-finding missions; and continued to think of ever more new rules and regulations to help organise the lives of the EU's almost 500 million citizens.
FOR US OR AGAINST US? This may seem like an unfair debating point - comparing the lavish, luxury lifestyle of our euroleaders with the worries and hardships some of us could experience due to the recent financial meltdown - but it does suggest that there may be a growing disconnect between the high-pay, low-tax, secure lives of the eurocrats and the reality that the rest of us have to wake up to every morning. This increasing disparity might even lead European taxpayers to start wondering if the euro-elite works for us, the people who pay their generous salaries, pensions and expenses, or whether we work for them to ensure their continuing comfort and welfare.
The EU and its supporters believe that their project of an ever more united Europe has brought us many benefits. They claim that the EU has played an important political role both in maintaining peace in Europe after centuries of war and in providing a centre of stability on the continent that has promoted democracy and freedom, at first for countries emerging from dictatorship like Portugal, Italy, Greece and Spain (often colloquially referred to as the PIGS) and then for those escaping from communism, the BEES (the Baltic and eastern European states). They maintain that the EU's internal market has broken down borders, allowing the free movement of people and goods, boosting economic growth and prosperity. And they are convinced that EU policies on farming, consumer protection and the environment have helped to give us high-quality food, safer products and cleaner air and water.
However, many other people are beginning to question the actions, morality and direction of the European adventure. They claim that it is NATO, the threat of Soviet invasion during the Cold War and the spread of democracy rather than the EU that have kept the peace in Europe. They point to the constant stream of examples of EU arrogance, over-regulation, secrecy and fraud to suggest that we are ruled by an unaccountable, incompetent, corrupt, self-serving elite. And some even subscribe to a view (generally attributed to former Soviet leader Mikhail Gorbachev) that we are, possibly unwittingly, 're-creating the Soviet Union in western Europe'.
EUROMYTHS - A FUN GAME FOR ALL THE FAMILY All this has led to an entertaining game, which we could call 'Euromyths', that is played out in the media. On the one side, the eurosceptics treat us to case after case of 'stupid EU laws' and seemingly endless incidents of shocking EU financial waste and fraud. This leads the EU to bemoan the fact that it is apparently misrepresented in the press: "Most of us rely on our national newspapers, television and radio news to find out about what is going on in the EU. Unfortunately, amongst the clear and informative reports lie a large number of stories based on twisted facts or even lies. The stories can make entertaining reading, but many people believe them and often come away with a picture of the EU as a bunch of mad eurocrats".
So in response to the eurosceptics' alleged calumny, the EU's Directorate General for Communication regularly publishes the latest selection of anti-EU stories (what they refer to as 'euromyths') and then tries to debunk these to show that its critics are obsessive fantasists who cannot be trusted. When introducing the 'Get the facts straight section' on its website, the EU explains some of the problems it faces in providing us with what it claims is a true picture of its activities: 'These pages take some of those stories and set the record straight - sadly, we cannot keep track of them all.'
A key rule for players of Euromyths is that both sides must shamelessly exaggerate their claims of their opponents' perfidy - the eurosceptics to stir up public mistrust of EU institutions and actions and the eurocrats to rubbish anyone who dares question their competence, motives or policies. In this game a constant tactic used by the europhiles is to try to brand anyone who has the temerity to criticise any aspect of the EU as rabid, unreliable, anti-European ultra-nationalists. The europhiles don't want to admit that there may actually be a large number, maybe even a majority, of European citizens who genuinely want to support a European Union that is financially well run and that uses its authority intelligently and with discretion, but are deeply critical of the mismanagement, maladministration and misuse of power that increasingly seem to characterise the way the European project is now being pursued.
David Craig is the author of "The Great European Rip-Off" (Random House 2009). He has also written several books on British government waste and mismanagement. These include "Squandered: How Gordon Brown Is Wasting Over One Trillion Pounds Of Our Money" (Constable 2008) and "Fleeced! How We've Been Betrayed By The Politicians, Bureaucrats And Bankers" (Constable 2009). In addition, he wrote "Plundering The Public Sector" exposing how consultants have siphoned off over £70 billion of British taxpayers' money and "Rip-Off! The Scandalous Inside Story Of The Consulting Money Machine" revealing how consultants fleece their business clients around the world.
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Interesting facts about the game Farming Simulator 2017 Free
Although simulation sports have been known for ages, Farming Simulator launched the farming genre. Other farming games be, but nothing competes with this iconic series. FS17 brings mod leg and different characteristics to Xbox Individual and MACHINE, yet is there that sufficient to help justify passing over your cash?
The Farming Simulator series created with Farming Simulator 2013. Since then, sequels have happened every two years for LAPTOP and console. Farming Simulator 16 was there a dock of 15 for mobile and PlayStation Vita.
Anyone understands this is a simulation game where you need tractors and other farming machinery, grow crops and cattle, and administer the fiscal aspects of a farm. So let's look at most of that time new attributes and how much they improve the game.
In the two included maps, Goldcrest Valley is sort fresh and placed in the USA. The other map, Sosnovka, happens with Japanese European countries. Originally released as downloadable matter for Farming Simulator 15, it has been remastered with top image quality. Farming Simulator games always start with just a couple places, which is a bit skimpy.
For the new in the sequence, we can choose to games as possibly a male or woman farmer. This could make the game more tempting to different audiences. It's definitely a step up the right direction. But, the game still control bedroom for new diversity.
The two individuals you can choose by, a single per gender, are both white. You can't modify their skin color, and you can opt for the color of their shirts. Giants Software is located in Switzerland, a mainly white people. But in games like this, targeting a global audience, developers should think players of additional races as well as their own.
The overall goal with Farming Simulator has always been to buy all the takes on the guide and extend the farm as great as possible. To stance with '17, but the developers added a greeting dose of structure using the new mission system.
Each buyable action of area is held by a player that offers to pay a person for finishing missions. These missions become an excellent way to make money. When you've completed all a farmer's missions, he'll sell the take used for a much worse price than if you'd wanted to buy this outright.
Drivable trains add a fun new component for the game. Players have access to several trains with both place. You don't have to buy them before spend maintenance costs, and you can jump quickly in them by where on the drawing.
Cruising present now series and consuming the landscapes is enjoyable with a, but they're and a great way to bring wheat and forest for sale. You use a claw-game like crane to weight stuff on the aim and then head to the adjacent selling point.
Farming Simulator 15 was not the attractive game. The worst prison became the texture maps. Comparing ground textures between '15 and '17 on Xbox One, I notice only a little development with attribute. The textures in '17 live properly under average to the system, which is a real shame. Still, '17 does often have expanded mip place, so textures retain detail at the higher distance than during '15. Foliage is somewhat more detailed, and gentle has made better too.
For sound, Giants has added two in-game radio positions to players could toggle while driving autos (and optionally, by bottom else). The songs is nobody special, but it gets for a more varied Real Farm Torrent experience than listening to the good of characteristics for hours on end.
Mod column was promoted as a significant story of Farming Simulator 17 prior to their publication, particularly in the time that mods for the PlayStation 4 variation of Consequences 4 were staring rocky. Now that the game is here, the excitement appears to arrange survived for naught – at least in consoles.
Mods are recorded specifically for the concept screen menu, so they're easy to uncover. The deposit lists several different sorts of downloadable items, and some extra categories like Latest and Most Downloaded. Problem exists, among those categories, the Xbox One report individual say 31 total mods in current.
All but among those mods are purely farming tools not a lot different from those involved with the game anyway, although several seem to suggest enhanced performance. The single non-equipment mod changes gameplay somewhat by disabling camera disagreement with vehicles. Its writer is Massive Software. The Plans category doesn't even have a single piece yet.
Like Farming Simulator 15, '17 supports 6-player online co-op. Players can choose who can get into the game – random players, friends, or receive only. After a person wants to join the game, you'll receive a prompt asking whether to allow them to participate or maybe not. Nobody will be messing around with your farm and bank without permission, which is good.
The ability to join activities is unnecessarily confused by the game's holding of downloadable content (DLC). Should the host produce any DLC or mods enabled, players can just be able to join the game if they have the same DLC. People end up having to turn DLC away (the opportunity thankfully presented whenever you worry a rescue game) so as to engage in multiplayer, really and so which many people could reach.
A greater implementation would increase the data for all DLC to all players, even if they don't accept that. Next they can access the host's cars in multiplayer, but not on their own. Alternately, the game could trigger you to download any missing DLC after entering the game. As it happens, you can't also ask which information you're missing - you just get rejected.
Upon successfully reaching a multiplayer game, everyone shares the same vehicles, money, with resources that belong to the crowd. You can start working together as a group. That is fun in a relaxing, social system. But as with areas from the entertainment, technical questions and results threaten to derail the enjoyment.
For order, player character designs have laughably bad animation. When you fly, it seems to be to help further players like people basically floated up in the manner with behind over. The paradigm doesn't get a shooting animation. Hiking and continuing looks awkward as well.
The other big crisis with multiplayer is Achievements. Players who connect with the host's game could earn Achievements, which is bad, but not entirely unusual. Some games only allow the first player to get them. But '17 goes a measure farther by not even enabling the congregation participant to earn Achievements in multiplayer. You can fill the exact same place from your single player game, although if perhaps one other person reaches in, you won't be able to earn Achievements.
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Games like this really need Achievements to provide aims with composition to persons, so arbitrarily not being able to make them as using friends is totally unproductive. I talk with the developers around the subject on E3 shortly after Farming Simulator 15 went off, yet unfortunately, they decided not to address the issue in this sequel. I question if the people responsible of '17 play many other games.
FS17 offers 17 Achievements / Trophies with many program, a march down through the 26 Achievements in Farming Simulator 15. I suppose they aim the Achievements count to match the year from the competition. Some are very easy, such while lower down 50 trees or report a 3-point killed within the different (but terrible) basketball minigame.
This year, players only must acquire one million currency rather than five million. You can use your Easy Money Trick to make a cinch, as well as knock exposed the 'play for twenty hours' Achievement. There is once over an Achievement for getting 100 collectibles, but you just must find 10 before the break arrive on the place. The rest involve breeding animals, harvesting 10 hectares of earth, with ending all tasks for the NPC farmers. Stay tuned for the full Achievement Point with tips for all these.
Farming Simulator 17, like '15 or this, is a significant affect with PC. We can safely affect a blond console audience as well. This can appear alien to action-addicted gamers, but a competition with very no violence can certainly fun. This a calm experience somewhat akin to performing Minecraft in Creative mode.
We know that collection creates a ton of change. I just hope more of this money could be met for the project. There's no explanation Farming Simulator 17 must air when ugly because it complete. The physics are extremely terrible in most places. And a lot of clunky gameplay factors like as hitching trailers can quickly become developed, only if the builders studied other activity.
Really, I desire they'd spend some good times in Minecraft and provide some of the strategy that are really level into additional activities to Farming Simulator. One should put up with a lot of rough edges to enjoy Farming Simulator 17. But if you can do that, it certainly offers a deep farming knowledge with lots of realistic licensed machinery.
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BUT ONLY GRADUATION RATES, THEN YOU'LL STAY AHEAD
What Business Can Learn from Open Source August 2005 This essay is derived from a keynote talk at the fall 2002 meeting of NEPLS. In every presidential election since TV became widespread, they'd become auto-unsubscribing filters. In fact, here there was a bimodal economy consisting, in Galbraith's words, of the forces underlying open source and blogging is that ideas can bubble up from the bottom as they get used to it and take it away from the most committed investors and work your way out of the initial sales of the Apple I, he felt obliged to give his then-employer, HP.1 Thanks to Trevor Blackwell, Dan Giffin, Sarah Harlin, Jessica Livingston, Greg Mcadoo, our contact at Sequoia, was one of the principles they teach you is to align the car not by lining up the hood with the stripes painted on the side of safety: when someone offers you money, take it. The venture capital business is pretty incestuous, and there was my program, written in C, they would have spent riding it down. I was leaving I offered it to him, he omits any comments except the note-to-peer dating site? If I order something from an online store builder, with about 14,000 users is ipso facto worth exploring. Why spend twenty years climbing the corporate ladder was one of the most memorable paintings, especially when you're young and smart, you don't really understand them.
I met them today They have an interesting business I'm just not sure how much credit to give him. Someone who doesn't know the kind of problem. But otherwise they felt they had enough to work that way. It's a little misleading to talk of versions when describing a gradual process, but that's only the immediate cause. If so, could they actually get things done. In particular, don't be deterred from applying to Y Combinator. Delivered on that promise. Actually it's structural. It was always understood that they enjoyed what they did. They'll lie to you on this one. In fact the large staffs of successful startups have, by building something you yourself need, the first three were our biggest expenses.
That was what we call the classics.2 It seemed curious that the same task could be painful to one person. For example, they like largely for the feeling of virtue in liking them. So far I've been able to achieve filtering rates that approach CRM114's. But that's another issue.3 Founders arriving at Y Combinator said that early on it had been a one-character name. Growth When we launched Viaweb, it seemed as if we were visited by beings from another solar system.4 Thanks to Trevor Blackwell and Jessica Livingston for reading drafts of this. In math it means that a shorter proof tends to be related, in that government office was a recognized route to wealth.5 When you see these ideas laid out like that, remember: ideas like that?
Often your information will be wrong: I tried living in Florence when I was a kid playing basketball? Sometimes they even agree with one another to invest in successive rounds, it often feels like they're trying to force them to be cold and calculating, or at least to yourself, I don't think it has much to offer good programmers, one of the top 20 YC companies by valuation have the. If someone pays $20,000 for 10% of a company like Yahoo or Intel or Cisco, he'd think communism had won. At YC we're excited when we figured out what seemed to be from the UK. Japanese are only about 2%. Now anything that became fashionable during the Bubble killed themselves by deciding to build server-based software wins, it will at least be a powerful force. Bill Yerazunis, Dan Giffin, and Lisa Randall for reading drafts of this, and Marc Andreessen, Joe Gebbia date: Fri, Jan 23,2009 at 11:09 AM subject: Re: airbnb They did but I am not sure I buy that ABNB reminds me of Etsy in that it makes me really want to.
And now that I've realized what's going on. Step 3: Series A Round Armed with their now somewhat fleshed-out business plan and trying to decide whether to change some part of it doesn't have to advertise. The history of the 20th century executive salaries were low partly because companies then were more dependent on banks, who would have disagreed with that, so we tightened up our filter to decrease the standard deviation of design outcomes because they want to invest the next time they need funding.6 For example, I doubt it will change anyway. On the average trip I bring four books and only read one of them. Sometimes angels' deal terms are standard doesn't mean they're favorable to you, especially if they're young and ambitious, they want to market themselves to the investors who are seriously interested in you, they will not always say what they really care about is the lack of responsibilities. And so it is unfair when someone works hard and doesn't get paid much. As organizations get smaller, you have to step back one step further along it. Meanwhile the iPhone is selling better than ever. Choosing a marginal project is the startup itself, they might have. I'm convinced the facetime model is not just that it will be to your advantage: you can go too far in any law, and this gives you an excuse for failure. I think the place to focus is the margin of failure, you succeed—and that's too big, they become overwhelmed.7
And what makes them work is not us but their competitors. The best we could do to get started that he was harming his future—that he was writing differentiation programs even in the mating dance with investors; the distinction between the spikes and the average writer of detective novels.8 2 to 3 times as many people alive in the US were designed by architects who expected to live in the suburbs. That was her actual word.9 Thanks to Sam Altman, Jessica Livingston, Jackie McDonough, Robert Morris, and my father for reading drafts of this. The New Funding Landscape October 2010 After barely changing at all for decades, the startup agrees to turn away other VCs for some set amount of time knows not to default to skepticism, no matter how much. The reason, again, language designers are somewhat out of touch with the world. Com. Eventually, they get their investment back before the common stock holders that is, in any social hierarchy, people unsure of their own, you can find someone to handle the paperwork for them. How important is it?10
Notes
I'm not claiming founders sit down and calculate the expected after-tax return from a few stellar exceptions the textbooks are similarly misleading. For more on not screwing up than any other company has to be hard on the entire period since the mid twentieth century, Europeans looked back on industrialization at the moment it's created indeed, is caring what random people thought of them.
Realizing that much to say because most of the most promising opportunities, it could change what it means they still control the company will be, yet.
The French Laundry in Napa Valley. Samuel Johnson said no man but a blockhead ever wrote except for that reason. Any expected value calculation for potential founders, and especially for opinions not expressed in it.
According to a clueless audience like that, founders will seem as if a company. That can be huge. Nat. But it was so violent that she decided never again.
In one way in which I warn about later: beware of getting rich, purely mercenary founders will seem more powerful, because the danger of chasing large investments is not even allowed to discriminate on the y, you'd see a clear upward trend. No one in an industrialized country encounters the idea. Earlier versions used a technicality to get something for which you are listing in order to win. The founders want the first couple times I saw that I hadn't had much success in doing something different if it were.
Of course, that they aren't. So if they don't yet have a three letter word.
Even now it's hard to say that a their applicants come from going to get a patent troll, either as truth or heresy. As Paul Buchheit adds: I remember about the same thing, because they are building, they could bring no assets with them. The late 1960s were famous for social upheaval.
It's not the sense of the biggest discoveries in any field. She ventured a toe in that water a while we have.
It's suspiciously neat. World War II to the founders want the valuation of your identity. No, we used to retrieve orders, view statistics, and don't want to turn down some good ideas buried in Bubble thinking. And while this sort of wealth—wealth that, in writing, and both times I bailed because I can't refer a startup.
I talk about real income statistics calculated in the mid twentieth century. When I catch egregiously linkjacked posts I replace the url with that additional constraint, you don't get any money till all the more accurate predictor of success for a small company that could evolve into a de facto chosen by human editors. It's probably inevitable that philosophy will suffer by comparison, because people would do it for you.
#automatically generated text#Markov chains#Paul Graham#Python#Patrick Mooney#mating#spikes#startup#basketball#people#assets#industrialization#part#thinking#terms#truth#step#Any#sup#standard#October#office#banks#audience#versions#TV#Paul
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The Ultimate Power Grab, Stablecoin “Securities”, Bitcoin Growth & Cardano ADA Is Banned
VIDEO TRANSCRIPT
Hello everybody. Welcome back for another video. Hope you’re all doing well and that you’re all having a great. Day. To. Start. Things. Off. China is working on the launch of its national digital currency. And it will be available in the market sooner than expected despite the delay. People’s Bank of China is closer to launching its official. Digital currency than people might actually expect to China is on the way to becoming the first major country to launch its national digital currency. Several other countries are also working on their own centralized digital currencies that we might see that we will most certainly will probably be seeing in the future. There is no. There’s no might or if anymore. People’s Bank of China is quite close to launching its national digital currency that central bank of China. But by working together with several large private companies has finished the development process and is working on the proper legislation. Before the. Thing is actually released. After the world current events the People’s Bank of China had delayed the launch of its national currency in definitely. One. No that’s a definite lie and too we see that it’s a lie because we see that they are. Launching it. The central banks all over the world have taken extreme measures to stop the financial markets from crumbling. Earlier. U.S. Federal Reserve. The U.S. Federal Reserve announced an unlimited quantitative easing to help financial markets in the country in addition to that lawmakers announced a 2 trillion dollar stimulus package. It also benefits working class people and small businesses in the country. So I don’t know if it’s just me I keep seeing random or rather differentiated kneeing numbers. Over the last couple of days. As far as the the the stimulus package I’ve seen one that says one point five trillion I’ve seen one this says two. I saw another one that said four trillion and one that said maybe it was just a proposed six trillion dollar stimulus package. But I never see an accurate number. No matter which. Article I am reading through or looking at. The the trillion number is always completely different for the stimulus package. It says Canada the United Kingdom and other European countries also announced massive stimulus packages as well as you might have guessed this is. Major news this news is all over the place. China’s crypto currency is closer than expected already working on legislation this is turning a crisis. Into an opportunity. China gets one step closer to its central bank digital currency. Any news at all. I mean let’s be honest with ourselves. That any. Country who already tries to make sure that they control every single thing that happens within their borders would even think of letting an opportunity like this go to waste. Is out of there. Gosh darn mind because it’s fairly obvious that China probably had zero plans if any to not go ahead with the launch of this thing especially with the news that we were getting before that as the last couple of weeks has been going on a lot of countries have actually been burning cash. In an effort to. Slow down the current world events and they’ve been saying that they’ve been doing it because money is dirty but also one can only assume that when you get rid of something that you’re going to push something else a bit forward. Right. I Oh also the other really weird part. You might see right here says according to Global Times report on the 24th of March and there’s a link right here. Whereas the other one. New report and form the CBD launch is closer than expected. And this one also had it. Right here despite the delay closer to launching. These are all links to actual news articles about the from from completely different sources as well about the actual launch of this and many of them were I believe Chinese Web sites that were explaining or saying or that had been translated into English about the. Ongoing completion of the central bank digital currency. I usually open up all the links so that everyone can see what the article was actually talking about. All three of those websites or those links have been completely taken down. I don’t think it’s a coincidence because it’s a little bit too randomized especially when they were all talking about completely different reports. But I definitely open them up one by one I thought something was wrong with my computer my internet. My stable connection and lo and behold nope they were all three different Web sites and everything was loaded completely properly. So the other news that we got about this recently as well. As Ali pay patterns reveal more details about China’s forthcoming central bank digital currency. It is widely believed that we Che We Che we chat and Ali pay will be major. Or friends major heads of this entire digitization operation within those borders already anything you write on. We chat or any type of we chat social media platform. The government is already informed about everything you do pretty much goes to these apps you can book doctors appointment dentist appointment you can book cabs. You can buy food you can talk to friends you can do everything just on these one app same exact thing with Ali pay. All the money flows remain two different maybe three systems within that country all the information is shared with a government so the speculation that we had before was that these two we chat and Ali pay would be major leaders and the actual. Helping of the digitization of that country and apparently it appears to be completely true because the news that we’ve been having is that apparently. Ali pay. Has been putting out tons of patents. That will allow for the ease of this transition through their platforms so. Many news of this not happening is I mean. Just read the news look at what’s actually happening around the world this is a. We are experiencing a moment where power grabs are going to be in credibly easy. And to think that one of the largest power grabbers would not try to make sure that they have a complete choke hold. On this entire situation when all the dust has settled and is cleared. Think again. So I think the news that we had before was that this was supposed to launch some time. In summer I remember the exact timeframe I remember a lot of this was happening. It was supposed to happen before Libra launched and Libra was originally expected to launch in June and I think now the world governments have made them push that back to October but apparently in June we will still see the launch of the stable coins from Libra. On their platform so it is the end of March April May. So within the next two and a half months I would assume that we would see this before any other. Entity even decided to try to think about digitizing their currency. Anyway. That’s the that’s news for today. It’s incredibly obvious and don’t think that a country near you. Or the country that you’re in isn’t going to try and do the exact same thing. Right. And let’s move on. Shockingly enough tying directly into the exact same thing. The International Organization of Securities Commissions. Or IRS Coco IFCO. Thinks global stable coin initiatives. Might be subject to security laws according to a new report. Wow that’s really weird right. How you know the global authority on securities might think that other things are. Securities almost like they’re trying to. Get control of them before they become too popular. No that couldn’t be it published on Monday. The 31 page examination of regulatory issues around stable coins crypto currencies with prices pegged to a low volatility asset reserve. Stressed that jurisdiction and regulation ultimately depend on projects specifics. I O S C O. Looked at a hypothetical stable coin managed by a company’s governance board. Backed by a basket of goat global reserve currencies and settled on its own private block chain. It could only be issued to authorize participants that buy and sell the stable coin and could be passed between users digital wallets. The report did not mention any specific stable coins. But this sounds exactly like Libra. I. Wish I could be a fly on the wall in these meetings to understand exactly what fears they have because this what they mention as part of what the problem is is exactly what happens now in the current global financial markets. It’s a bunch of people. Who hold governance over exactly what’s happening by something that’s being launched but the only issue is that usually what’s being launched especially with the fiat currency that we have right now is that they’re not actually backed by anything by a basket of nothing is by a basket of air and by a basket of them telling you that it has value. The private block chain is probably where the problem comes in because if it’s private and no one else has access to it as you may have remembered before never ever forget. Remember a couple of years ago about a good one two three and a half years ago where there was a situation where I remember who it was they were trying to get access into a couple of iPhones and they were so encrypted that that government couldn’t do it and they told Apple openness. Open it right now. And Apple said no. We actually can’t do that. And they went on a rampage trying to get Apple to do it badly. The issue was is that if you do it for one country. Then you have to do it for all of them. Someone could simply say oh gosh there is a problem we need you to unlock that. And then they have the. Keys to the kingdom as it were. So what happens when you don’t have the Kings the keys to the kingdom. You don’t really hold a lot of power or as much power as you thought you had before which is a big issue and governments don’t like that. So. The the the idea being now is that. Of course. Randomly the things that are and could potentially in the future be pegged to things that we currently have i.e.. Digitized U.S. dollars and I’ll even simplify it for you and to simply say tether. What happens when a company controls tether and not the government. What happens if the crypto currency space. I mean really takes off. And the end and the people’s coin of choice. When it comes to swapping back and forth between that currency. Ends up being tether. And not the actual U.S. dollar. Sounds like a problem from it’s hypothetical hypothetical hypothetical analysis I. Oh o. Found such a scheme may fall under securities regulations purview. Because a stable coin may be used for payments an activity that could potentially amount to regulated payment and banking activities or even regulated payment systems. Report Says. If adopted at a large scale. It could become systemically important. I E if other people start using it more than what. You have to understand. The way that the world is built this is all according to plan. This is nothing haphazard and I don’t mean that as like tin foil hat thing everything that we have now was already planned about 50 years ago. The power moves the power struggles the power so and so everything is made sure that things are kept the same exact way that they are and they’re ready. I’m sure tons of plans to keep things out of the way they are they keep the same exact people who were in power are in power in power. Like I mentioned before in other videos. For those of you who don’t know there are many countries especially the ones who are actually under sanctions by. AI by big country you are told this is how it works. If you are to sell anything from your country if you are to move any items and move any goods if you are to sell petrol it has to be through the US dollar. This strengthens the use of the US dollar it increases the liquidity increases the amount of countries around world who are under the foothold of the US dollar. You have to understand that this was all done immediately after World War 2 as an initiative to make sure that all these other countries while everyone else is struggling and trying to rebuild that you. Internally have your foot on their neck and this is why we’ve seen a whole bunch of other countries talking about that they’re going to launch their own central bank digital currencies. Because they’re trying to get away from that. This is why we’ve also seen a couple of other countries seem interested in bitcoin specifically because how do you get around someone that’s been telling you since the 1940’s if not the beginning of the 1950s that you have to do exactly what we want to use another system and that is a very big no no. So a lot of this stuff has once again been put in place for the last. It’s been like 70 years that’s absolutely insane has been made to keep those who were in power in power the faces on the chair may change. But the idea is always the same pushed down everybody else so that we are higher up. That’s just how politics go. Like I said not a tinfoil hat thing that’s just how. Power is kept. If you are a king and you have a kingdom and you see someone else building homes and that looks like a little mini castle where you go OK you go shake their hand find out exactly what they’re doing then the very next day you knock over anything that they’re trying to build. You are still the king your kids are still princes and princesses. And then one day they become kings and queens and you tell them. The next time that someone does what that other person did you knock them down as well. So. On that point. I feel like and I have seen over the course of the last couple of years a lot of the e initiatives that we’ve seen to either. Digitize the world economy or even just people. The shift towards a crypto currency decentralized centric world I think has caught a lot of world leaders by surprise. Why. Because things were setup for the last say with me 50 60 to 70 years to make sure that the power is maintained. And when someone creates something 11 years ago. At around 5 6 years ago starts to become kind of popular then a whole bunch of other clones start popping up and people start creating things especially a social media platform Facebook that decides to create their own currency and then people slowly realize or rapidly realize. They have more people on their platform than we do in the entire banking system currently right now. That is a problem. I once assumed no no no still assumption. There are a couple of stable coins and I’m sure are going to be around for a while. Because a lot of them. Have. Seemingly. Ties. One might say with world banks and or governments I’m sure I’m sure there’s a lot of funding and stuff going on behind the scenes but a lot of the other ones that we know I don’t want to say that we know and love that we’ve known have seen around are going to completely disappear. Give it give it to I give it two years. We’re gonna start seeing them coming down on anything the same exact way. Telegram. Ton. This one any whatever you know exactly what I’m talking about all these other projects because they pose a threat in some sort of way the same exact thing where we saw the news from last year. I’m running out of breath of the people talking about the China central bank digital currency and how the U.S. had to make theirs before China created one why once again. Because it’s the ease of movement you may not know this and it’s a really annoying point because so many people don’t really pay attention to a lot of these things going. What’s that. That that app name. Tick tock. The one that all the people are using and they recorded themselves with these crazy 30 second do whatever people are doing. A lot of the assets are big that become really popular around the world. Can you guess which country they’re from. Can you can you guess who’s making them in a lot of people don’t know this now that this is the really really weird part. A lot of these things end up having hundreds of millions of users. Remember those apps said last year that everyone was like yeah I’m going to lick it and I’m going to show my face and oh my gosh it shows me old you know who made those young to old apps and now have. Videos and pictures of you young and old. Ha. And that’s not. You can Google it right now. Take out your phone take out your tablet. I’m not even half joking like these aren’t conspiracy theories like these are we know who owns these actual things because we can trace back to companies to see who actually has it. Especially as they’re doing upgrades. The point is all of this is. It’s all connected. It’s all it’s all collected on. On your behalf and a large part of the issue is is that. If you’re using these apps then they also become popular and they also become really cool. All it takes is for Ali pay very simple. Or we chat because they all have thousands of subsidiaries. You create a new app to create a new something that becomes really really big and you have the option within that app to actually use a new coin to be able to send it back and forth to your friends is really cool It’s really fun. You can take a photo and if your friend decides I really like this they’ll give you five cents for it. The only catches you’re just using the Chinese currency but that’s not a problem because it’s super easy fun to use. This is this is the the the issue not so much an issue for. US but it’s more like a.. This is how you lose power very rapidly and you know those S curves that we see as far as like the adoption of new technology when it comes to the. Digitization of all these things that’s going to happen. Very very quick. It’s happening a lot quicker than ISO nine so we had a good five to 10 years left but current events say otherwise especially when. Power grabs are happening. The entire point is they have come to the conclusion that anything that could be stable. Or linked to something else could be seen as a. Securities violation. Perfect timing as well because you know I’m. Not like I didn’t see all of this coming in the first place. I’m just surprised and I was like a global international organization. I guess Facebook had no choice but to bend the knee. I assume something behind the scenes they are deaf. They’re. Definitely desperately trying to find another way around this but. Yeah. Everything. That they can regulate they will regulate. To a certain extent. And this is why once again boys and girls it’s important to be in. Decentralized systems because. Those are a little bit harder to control. And the name of the game right now is. Let’s move on. Next up Square’s chief financial officer said during an investor call on Tuesday. That it has seen a recent uptick in bitcoin engagement via its cash app. Even amid the market turmoil. Adoption. And engagement of fractional equity investing in bitcoin has accelerated in recent weeks. Given recent market interest and volatility. Square previously reported. More than one hundred and seventy eight million dollars in bitcoin purchases volumes in the fourth quarter. 2019 as a whole. The payments firm registered more than five hundred and sixteen million dollars worth of bitcoin sales. Translating to around 8 million dollars in gross profits. Less than 2 percent of gross profit from subscription that I’ll buy about from subscription and transaction based services. The ability to purchase bitcoin. Is one of the features who cares during the call Jack Dorsey. Remarked that we’re seeing strong engagement and volume for bitcoin and said that bitcoin and equity investing have seen strong volumes in adoption and giving the buying opportunity that some of our customers perceive in the. Market. There’s a lot of people who are extremely bullish on bitcoin right now regardless of where the price might be or where the price might seemingly be going. I still believe. We are probably. On the road to another downward movement. How ever the long term upward prospects of all of this is insane. Do you know what I. I don’t know if it’s just time. I don’t know how exactly it hit me. I imagine. So. One of the podcasts I was listening to and I guess it makes a lot of sense when I did this is why I said I guess it takes a while for things to hit me I’m a little. Moral late. Imagine. A world. Where the current purr and not nada. We’re not talking about a twenty thousand dollar Bitcoin energy hype. Imagine the current sentiment right now within the cryptocurrency market of people who are. Buying bitcoin. Imagine if that stays exactly where it is a flat line just same exact way. To around the end of this year. Same exact people buying as you have been buying crypto. As my friends have been buying crypto as I have been buying crypto imagine that same exact line continues. Now imagine a situation where the amount of bitcoin that is being created gets cut in half. And we have that same exact trend line. Do you think that bitcoins price goes up. Or down based on the factors that I just told you. Everyone likes the same exact thing. Bitcoin’s price. Everyone wants to buy. Bitcoin. The amount of bitcoin being created gets cut in half. But the demand remains the same. Logically bitcoin’s price goes up. Now imagine if bitcoin’s price goes up. It’s just it’s just. We’re so close. We’re so gosh darn close and I. Am. Probably. Am I more excited than I should be. No I think I’m fine. We are gearing up for something very big. The amount of interest and the demand for buying Bitcoin across the entirety of the market is very high. Even in many South American countries right now where banks are actually closed because of. Current world events. The bitcoins interest are people buying bitcoin on local bitcoins has seen a major uptick. This is not just happening in those countries is happening all around the world. Just imagine if you and your friends are buying especially. If you’re able to buy big amounts during the course of a week and or month. And you have an asset there’s maybe only around 6 million of it floating around imagine how much that interest is going to spike even more of the Bitcoin price will spike even more when the demand is still there. This isn’t this isn’t even new people getting into the market it’s just us. But imagine the supply is cut in half. What then takes place. So. Amid. All of this. Downturn downplay prices going down. We’re still seeing a very healthy amount of people who are. Actively buying. I have not stopped buying. I will probably not stop buying. We’re a very very long time. Even if prices go down. But what we’re seeing is that. Even when prices go down. People still buy a bit more and then when prices go up people are also still buying a bit more because they are afraid of the prices. Passing them by anyway. That’s a square news for today. Very exciting times ahead at least in my mind. Let’s move on. Next up. Who OBE has implemented a circuit breaker. On its futures trading platform known as who will be. D.M.. Who will be d m the futures trading division of the global exchange will implement a partial liquidation mechanism to prevent a full liquidation in the event of a rapid market swing and liquidations. Will be halted through a circuit breaker function. Which will be activated when it detects large or rapid price movements. Ciara Sun vice president president vice president of global business at who will be group said in the announcement. We believe our new liquidation feature will have far reaching. Consequences for the wider crypto community by helping minimize sudden price movements caused by AB normal liquidation events calls for circuit breaker sound the last week as equities and crypto markets fell precipitously. Big word with the current world events crypto currency exchanges lacked the circuit breakers in place as the traditional exchanges. Multiple 7 percent drops on the New York Stock Exchange triggered a 15 minute circuit breakers some crypto market observers. Identified the benefits of circuit breakers on crypto exchanges in times of panic selling. Having crypto exchanges prevent traders from moving in and out of positions during any market condition. Is however dangerous circuit breakers wouldn’t insert a further layer of trust. In the trader exchange relationship in a period when the future of centralized exchanges is being heavily D baited. The problem is. Is that the crypto currency market is meant to be on manipulated. While manipulation might happen when you see a situation now. Think of it this way. It works both ways. Imagine if. A Crypto let’s say Bitcoin. Is at some point. Eight thousand dollars in the Bitcoin. We. We look back at the screen is that six thousand. Turn our heads look back again it’s at four thousand. Look back again is around two thousand five hundred who were like oh crap Bitcoin is crashing. If you have a circuit breaker you can turn the network off you can turn the system off you can unplug the exchange and go well we’ll just wait a bit. Well we’re way to things cool off. You turn it back on prices though dip a bit but then the price starts going back up. This is in itself. A form of manipulation because you are manipulating the prices you’re manipulating your exchange or you’re telling other people on your platform. We have control of your money. You can’t sell when you want to sell because the market got a bit too hot. It is seems a bit weird how everything was dropping too quickly so we just we just had to unplug it. But it also works the exact other way. While you may think that this is a benefit of people being able to stop falling prices imagine what happens for a cryptocurrency exchanges if there’s a coin that they don’t like or that other people don’t like. That starts going up in price as well. And the price starts going up so quick that it liquidates a whole bunch of shorts whole bunch of people who are betting against it. Everything gets wiped down all of a sudden the exchange goes off line for 30 minutes. Oh yeah we saw the price went up by one hundred and thirty eight percent. We thought there was an anomaly. So we shut it off. Centralized exchanges are coming. Into their own. And they’re rapidly becoming their own little banks and their own little stock exchanges and a lot of the prospects remember I mentioned in 2013 and people. I people told me I was wrong but I felt like a negative flow in the air. We’re seeing the new banks forming we’re seeing the new financial system forming with a lot of these centralized exchanges that we have right now. And. When they call and scream. For a better world of decentralization but they implement things like this it shows that they don’t really care about decentralization it’s more like a.. No it’s just they they. They wanted the power but it’s under the the premise that everyone will have a. Everyone will be a little bit better off when they have the power as opposed to the world governments. And this is also the issue with Coinbase and a bunch of other people having banking charters and then being able to tell you how much you can and can’t take out of the exchange at one time. And also look forward in the future as well because as more money ends up getting into bitcoin. Expect more. Safety nets like this to end up happening and we will probably be seeing a lot of other unplugging over the next year or two if we end up getting to a situation which I think is going to happen where bitcoin will end up going from its current price. Over the course of the next I’ll say 18 months. Sure why not random number and bitcoin goes up to one hundred thousand. We’re gonna have a lot of panic sellers we have panic sellers. Now. So imagine if Bitcoin looks like it’s getting a bit too hot it’s nearing a hundred thousand. And then it starts falling. Of course is going to happen because this is what happens when markets get too hot we’re gonna start seeing a lot of cryptocurrency exchanges. Maybe coordinating. Or simply saying that the exact same time they all came up with the exact same idea to unplug to let things kind of cool off for a bit anyway. Decentralized exchanges I’m a bit disappointed that a lot of them haven’t. Not that they haven’t caught on. I know that there are some people have told me before in the comment section. But I want something as big as or at least half as big. As Coinbase and or by ounce I want like an actual legitimate place where people can go to where people don’t have issues don’t have problems. And can use it as an alternative because. They have very high liquidity that is also a very big thing I don’t want to go to a place that tons of people trust but Bitcoin’s liquidity on that Web site is like 38 million. That is also a very big no no. So. Years ago. A lot of people thought that we would have decentralized exchanges that would be. Very robust and very big because we need. Guards against things like like the the point of the cryptocurrency market is that it’s a 24 hour market that isn’t controlled by anyone they appointed a decentralized cryptocurrency exchange. That you can do. With your money as you please 24 hours a day you can put 35 Bitcoin onto that exchange and at the same exact time five minutes later you go Nope I don’t want that you take your thirty five Bitcoin off there isn’t a. An amount that you’re told by someone else so. We’ll see how this develops. I already know how it’s going to develop but that’s the. Who will be a circuit breaker news and look forward to many other crypto exchanges also. Initiating circuit breakers in the future as well. And to finish things off. On the 24th of March. Car Dano founder Charles Hoskinson streamed a YouTube video titled On Wikipedia in which he berated Wikipedia for applying arbitrary commercial censorship against car dunno. Censorship of cryptocurrency projects is as old as the industry itself. Back in 2010. Even Satoshi Nakamoto was frustrated with Wikipedia’s efforts for removing bitcoins wiki entry several times after PayPal several times with WikiLeaks. One of bitcoin supporters suggested that becoming the site’s new source for donations would generate enough publicity to gain entry into Wikipedia. Satoshi strongly opposed the WikiLeaks adoption of the crypto currency. But it was too late. He said no don’t bring it on. The project needs to grow gradually so the software can be strengthened along the way. I made this appeal to WikiLeaks not to use Bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more pocket change as the heat you would bring would likely destroy us at this stage. If you’ve never seen a lot of the things that Satoshi used to actually post. Online they’re very fascinating. He said he didn’t want it to grow as fast as it did. He really wanted it to take its time. He realized the power of what could have been or what it was going to be. But it was more like a lot of people who he trusted in the very beginning. Were only. Interested in the money. Like only they saw that it had a dollar value and they were like OK we can do this as so and so I think one of the last times we actually heard about or heard from the Toshi was one of the people who he. Trusted actually went. I think to the US government to the US Army and like told them about Bitcoin. And wanted to like have like the the the major players in the government like sit down at a desk and he would tell them about it was it was completely nonsensical. And this is what actually drove him away because he realized that. In the end people only cared about the the dollar amount or had nothing to do with with decentralization for them anyway. HOSKINSON stated. Or states. That he does not know the rationale behind Wikipedia’s hostility towards his project. Despite being one of the most cited. Of all peer reviewed coins. He said We don’t know. Why there’s hostility when coins like spank chain can have an article on Wikipedia. A lot of other crypto currencies and top 15 top 20 apparently have articles and that’s perfectly fine but then we’re not allowed to have an article for some reason even though we’re not mentioned. We’ve been mentioned by the U.S. Congress. Apparently many other projects do have. Articles. Even even be cash has one. Who knows what’s going on. I don’t really understand a lot of the I think is just frustration. Wikipedia itself is a great place to. Get information but a lot of times it is really garbage. Anything that doesn’t seem proper to Wikipedia. They simply take it off themselves or have other people who. If you’re if you’re able to do so you can pretty much take off anything that you want. On Wikipedia. So if the entire article for bitcoin is completely correct. Might it can go no I don’t believe it and they can kind of take it off themselves. Anyway yeah. This was also. Seemingly major news. I assume it’ll be fine. In situations like this and I I understand why you would want to be on Wikipedia. I guess maybe to have more reach for people to be able to figure out more about your project. I feel like. You can just do that on your own website. Great. Like a tab as to exactly everything you were going to put in onto Wikipedia so that when people search for Cano they simply go directly to your site and also once again. If your project is strong enough and robust enough and cool and fast and awesome and strong enough to really stand out you don’t need a Wikipedia article. If if Cano is really. That good. And is going to be able to blow people away. I’m pretty sure it would still be able to do so without people having to. Type in Kano Ada wiki and then enter. Anyway. Yeah. This was this was apparently a really big thing a lot of people were. Heated furious mad angry upset. They. Had issues. They were peeved. About this going on. I’m sure it’ll be fine Mr. Hoskinson. I don’t know this man but. I feel like just paying more attention to. Our down about this point is probably more. Makes a bit more sense especially if we’re in a situation where crypto prices are going down. And we are potentially on the way to an upswing. I feel like worrying about your your your your coin being able to do a million transactions per second so you can boast about that. When prices go up is a bit more. Important. Yeah. As always. What the hell happened to my hand. Oh my gosh. Yeah. Have those situations where like you lay on the pillow and like you wake up and I could look your face in the pillow like it looks kind of crazy. Thinking it looks like I was. Stabbed by a pen or something when I come from as always. Looks crazy. Very special thank you to my patriotic supporters. Professor Wally from Gundagai university Yasha. Hot out of me man. Moon. No wrong that’s completely wrong. Moon Man to man moon moon man. Hi SRP. Joshua vineyard. Martin Shaw. Josh gorse God no knows. Tango No no song go No no Mr. Pickles John starts in the animal reader a biblical phobia bare bones mining Todd Mullis Adam Grace sic Mohammed Roni M. ventures in Thailand Brady Neil Jared Snyder wise night owl to forward to to the world crypt dojo bank road network a double M. Louisa crypto artist Cody 3D. Nicholas one Earth one peace one love Richie Rich a third. Nick Kenai is set soon a Damien Vlad the Impaler crip no shipmate Praxis command yellow body Antony Charles Jim Garner. Jeremy Fox minting coins caskets leg day and Miller hits that chest everyday. Yes to crypto Bodie comic book face anytime fitness Monk’s Corner staff our medic 17. Make me a cake. Tigger a match on Nessa on crypto with a Lino. Crayola Michelle. You are L. And hold on I have to sneeze. Thank you all very much. Very very much. Very very much. Here we go for your support and thank you to everyone. Who is a member of the channel. Your love and gratitude and awesomeness is. Very much appreciated. At the moment. The markets in red but like a tiny red. Bitcoins down by two point seventy six. Ether is currently down by three point one 3. Everything else is roughly around a good. One to two percent in the top 10. That’s a stable coin. That’s why it’s up. Monaro is up by almost 4 percent for. Sure. Everything’s reddish except for a lot of the stable coins. This could be in anticipation of the opening of. The. HIVE. Token. It’s up. Not a lot Boehm the 24 hour volume. Only fifty three thousand Oh that’s. The the crypto currency industry has a lot more maturing to do. If you’re able to get into the top 50 the top forty five on fifty three thousand dollars worth of. Trading volume is worrying. This could be an anticipation of. The opening of the traditional stock markets to see exactly what’s going to happen with the prices we’ve had a lot of fluctuations in. Traditional money space. Prices go up one day because people are optimistic about something and then lo and behold the optimism fades quite quickly especially with the prospects and news that we’ve been getting. That’s the why do you call it. Not only is the world into recession. But that this recession will continue for another. Couple of months. We’ll see what happens. I think it’s all going to be very fascinating either way. It’s it’s it’s it’s a time unlike any other. And while it may be a bit crazy and out there I do. Appreciate it if that’s a word I want to use that we’re able to. Be a part of history. There is that silver lining. I hope you all enjoyed. Hope you all are having a great day. A great morning a great afternoon a great evening wherever you are wherever you might be. I do hope. That it’s absolutely fantastic. Thank you all. Every single one of you once again for watching and or listening. Now I will most certainly. Be Talking. To you all. Soon. See you.
source https://www.cryptosharks.net/power-grab-stablecoin-cardano-ada-banned/?utm_source=rss&utm_medium=rss&utm_campaign=the-ultimate-power-grab-stablecoin-securities-bitcoin-growth-cardano-ada-is-banned source https://cryptosharks1.blogspot.com/2020/03/the-ultimate-power-grab-stablecoin.html
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The Ultimate Power Grab Stablecoin Securities Bitcoin Growth & Cardano ADA Is Banned
VIDEO TRANSCRIPT
Hello everybody. Welcome back for another video. Hope you’re all doing well and that you’re all having a great. Day. To. Start. Things. Off. China is working on the launch of its national digital currency. And it will be available in the market sooner than expected despite the delay. People’s Bank of China is closer to launching its official. Digital currency than people might actually expect to China is on the way to becoming the first major country to launch its national digital currency. Several other countries are also working on their own centralized digital currencies that we might see that we will most certainly will probably be seeing in the future. There is no. There’s no might or if anymore. People’s Bank of China is quite close to launching its national digital currency that central bank of China. But by working together with several large private companies has finished the development process and is working on the proper legislation. Before the. Thing is actually released. After the world current events the People’s Bank of China had delayed the launch of its national currency in definitely. One. No that’s a definite lie and too we see that it’s a lie because we see that they are. Launching it. The central banks all over the world have taken extreme measures to stop the financial markets from crumbling. Earlier. U.S. Federal Reserve. The U.S. Federal Reserve announced an unlimited quantitative easing to help financial markets in the country in addition to that lawmakers announced a 2 trillion dollar stimulus package. It also benefits working class people and small businesses in the country. So I don’t know if it’s just me I keep seeing random or rather differentiated kneeing numbers. Over the last couple of days. As far as the the the stimulus package I’ve seen one that says one point five trillion I’ve seen one this says two. I saw another one that said four trillion and one that said maybe it was just a proposed six trillion dollar stimulus package. But I never see an accurate number. No matter which. Article I am reading through or looking at. The the trillion number is always completely different for the stimulus package. It says Canada the United Kingdom and other European countries also announced massive stimulus packages as well as you might have guessed this is. Major news this news is all over the place. China’s crypto currency is closer than expected already working on legislation this is turning a crisis. Into an opportunity. China gets one step closer to its central bank digital currency. Any news at all. I mean let’s be honest with ourselves. That any. Country who already tries to make sure that they control every single thing that happens within their borders would even think of letting an opportunity like this go to waste. Is out of there. Gosh darn mind because it’s fairly obvious that China probably had zero plans if any to not go ahead with the launch of this thing especially with the news that we were getting before that as the last couple of weeks has been going on a lot of countries have actually been burning cash. In an effort to. Slow down the current world events and they’ve been saying that they’ve been doing it because money is dirty but also one can only assume that when you get rid of something that you’re going to push something else a bit forward. Right. I Oh also the other really weird part. You might see right here says according to Global Times report on the 24th of March and there’s a link right here. Whereas the other one. New report and form the CBD launch is closer than expected. And this one also had it. Right here despite the delay closer to launching. These are all links to actual news articles about the from from completely different sources as well about the actual launch of this and many of them were I believe Chinese Web sites that were explaining or saying or that had been translated into English about the. Ongoing completion of the central bank digital currency. I usually open up all the links so that everyone can see what the article was actually talking about. All three of those websites or those links have been completely taken down. I don’t think it’s a coincidence because it’s a little bit too randomized especially when they were all talking about completely different reports. But I definitely open them up one by one I thought something was wrong with my computer my internet. My stable connection and lo and behold nope they were all three different Web sites and everything was loaded completely properly. So the other news that we got about this recently as well. As Ali pay patterns reveal more details about China’s forthcoming central bank digital currency. It is widely believed that we Che We Che we chat and Ali pay will be major. Or friends major heads of this entire digitization operation within those borders already anything you write on. We chat or any type of we chat social media platform. The government is already informed about everything you do pretty much goes to these apps you can book doctors appointment dentist appointment you can book cabs. You can buy food you can talk to friends you can do everything just on these one app same exact thing with Ali pay. All the money flows remain two different maybe three systems within that country all the information is shared with a government so the speculation that we had before was that these two we chat and Ali pay would be major leaders and the actual. Helping of the digitization of that country and apparently it appears to be completely true because the news that we’ve been having is that apparently. Ali pay. Has been putting out tons of patents. That will allow for the ease of this transition through their platforms so. Many news of this not happening is I mean. Just read the news look at what’s actually happening around the world this is a. We are experiencing a moment where power grabs are going to be in credibly easy. And to think that one of the largest power grabbers would not try to make sure that they have a complete choke hold. On this entire situation when all the dust has settled and is cleared. Think again. So I think the news that we had before was that this was supposed to launch some time. In summer I remember the exact timeframe I remember a lot of this was happening. It was supposed to happen before Libra launched and Libra was originally expected to launch in June and I think now the world governments have made them push that back to October but apparently in June we will still see the launch of the stable coins from Libra. On their platform so it is the end of March April May. So within the next two and a half months I would assume that we would see this before any other. Entity even decided to try to think about digitizing their currency. Anyway. That’s the that’s news for today. It’s incredibly obvious and don’t think that a country near you. Or the country that you’re in isn’t going to try and do the exact same thing. Right. And let’s move on. Shockingly enough tying directly into the exact same thing. The International Organization of Securities Commissions. Or IRS Coco IFCO. Thinks global stable coin initiatives. Might be subject to security laws according to a new report. Wow that’s really weird right. How you know the global authority on securities might think that other things are. Securities almost like they’re trying to. Get control of them before they become too popular. No that couldn’t be it published on Monday. The 31 page examination of regulatory issues around stable coins crypto currencies with prices pegged to a low volatility asset reserve. Stressed that jurisdiction and regulation ultimately depend on projects specifics. I O S C O. Looked at a hypothetical stable coin managed by a company’s governance board. Backed by a basket of goat global reserve currencies and settled on its own private block chain. It could only be issued to authorize participants that buy and sell the stable coin and could be passed between users digital wallets. The report did not mention any specific stable coins. But this sounds exactly like Libra. I. Wish I could be a fly on the wall in these meetings to understand exactly what fears they have because this what they mention as part of what the problem is is exactly what happens now in the current global financial markets. It’s a bunch of people. Who hold governance over exactly what’s happening by something that’s being launched but the only issue is that usually what’s being launched especially with the fiat currency that we have right now is that they’re not actually backed by anything by a basket of nothing is by a basket of air and by a basket of them telling you that it has value. The private block chain is probably where the problem comes in because if it’s private and no one else has access to it as you may have remembered before never ever forget. Remember a couple of years ago about a good one two three and a half years ago where there was a situation where I remember who it was they were trying to get access into a couple of iPhones and they were so encrypted that that government couldn’t do it and they told Apple openness. Open it right now. And Apple said no. We actually can’t do that. And they went on a rampage trying to get Apple to do it badly. The issue was is that if you do it for one country. Then you have to do it for all of them. Someone could simply say oh gosh there is a problem we need you to unlock that. And then they have the. Keys to the kingdom as it were. So what happens when you don’t have the Kings the keys to the kingdom. You don’t really hold a lot of power or as much power as you thought you had before which is a big issue and governments don’t like that. So. The the the idea being now is that. Of course. Randomly the things that are and could potentially in the future be pegged to things that we currently have i.e.. Digitized U.S. dollars and I’ll even simplify it for you and to simply say tether. What happens when a company controls tether and not the government. What happens if the crypto currency space. I mean really takes off. And the end and the people’s coin of choice. When it comes to swapping back and forth between that currency. Ends up being tether. And not the actual U.S. dollar. Sounds like a problem from it’s hypothetical hypothetical hypothetical analysis I. Oh o. Found such a scheme may fall under securities regulations purview. Because a stable coin may be used for payments an activity that could potentially amount to regulated payment and banking activities or even regulated payment systems. Report Says. If adopted at a large scale. It could become systemically important. I E if other people start using it more than what. You have to understand. The way that the world is built this is all according to plan. This is nothing haphazard and I don’t mean that as like tin foil hat thing everything that we have now was already planned about 50 years ago. The power moves the power struggles the power so and so everything is made sure that things are kept the same exact way that they are and they’re ready. I’m sure tons of plans to keep things out of the way they are they keep the same exact people who were in power are in power in power. Like I mentioned before in other videos. For those of you who don’t know there are many countries especially the ones who are actually under sanctions by. AI by big country you are told this is how it works. If you are to sell anything from your country if you are to move any items and move any goods if you are to sell petrol it has to be through the US dollar. This strengthens the use of the US dollar it increases the liquidity increases the amount of countries around world who are under the foothold of the US dollar. You have to understand that this was all done immediately after World War 2 as an initiative to make sure that all these other countries while everyone else is struggling and trying to rebuild that you. Internally have your foot on their neck and this is why we’ve seen a whole bunch of other countries talking about that they’re going to launch their own central bank digital currencies. Because they’re trying to get away from that. This is why we’ve also seen a couple of other countries seem interested in bitcoin specifically because how do you get around someone that’s been telling you since the 1940’s if not the beginning of the 1950s that you have to do exactly what we want to use another system and that is a very big no no. So a lot of this stuff has once again been put in place for the last. It’s been like 70 years that’s absolutely insane has been made to keep those who were in power in power the faces on the chair may change. But the idea is always the same pushed down everybody else so that we are higher up. That’s just how politics go. Like I said not a tinfoil hat thing that’s just how. Power is kept. If you are a king and you have a kingdom and you see someone else building homes and that looks like a little mini castle where you go OK you go shake their hand find out exactly what they’re doing then the very next day you knock over anything that they’re trying to build. You are still the king your kids are still princes and princesses. And then one day they become kings and queens and you tell them. The next time that someone does what that other person did you knock them down as well. So. On that point. I feel like and I have seen over the course of the last couple of years a lot of the e initiatives that we’ve seen to either. Digitize the world economy or even just people. The shift towards a crypto currency decentralized centric world I think has caught a lot of world leaders by surprise. Why. Because things were setup for the last say with me 50 60 to 70 years to make sure that the power is maintained. And when someone creates something 11 years ago. At around 5 6 years ago starts to become kind of popular then a whole bunch of other clones start popping up and people start creating things especially a social media platform Facebook that decides to create their own currency and then people slowly realize or rapidly realize. They have more people on their platform than we do in the entire banking system currently right now. That is a problem. I once assumed no no no still assumption. There are a couple of stable coins and I’m sure are going to be around for a while. Because a lot of them. Have. Seemingly. Ties. One might say with world banks and or governments I’m sure I’m sure there’s a lot of funding and stuff going on behind the scenes but a lot of the other ones that we know I don’t want to say that we know and love that we’ve known have seen around are going to completely disappear. Give it give it to I give it two years. We’re gonna start seeing them coming down on anything the same exact way. Telegram. Ton. This one any whatever you know exactly what I’m talking about all these other projects because they pose a threat in some sort of way the same exact thing where we saw the news from last year. I’m running out of breath of the people talking about the China central bank digital currency and how the U.S. had to make theirs before China created one why once again. Because it’s the ease of movement you may not know this and it’s a really annoying point because so many people don’t really pay attention to a lot of these things going. What’s that. That that app name. Tick tock. The one that all the people are using and they recorded themselves with these crazy 30 second do whatever people are doing. A lot of the assets are big that become really popular around the world. Can you guess which country they’re from. Can you can you guess who’s making them in a lot of people don’t know this now that this is the really really weird part. A lot of these things end up having hundreds of millions of users. Remember those apps said last year that everyone was like yeah I’m going to lick it and I’m going to show my face and oh my gosh it shows me old you know who made those young to old apps and now have. Videos and pictures of you young and old. Ha. And that’s not. You can Google it right now. Take out your phone take out your tablet. I’m not even half joking like these aren’t conspiracy theories like these are we know who owns these actual things because we can trace back to companies to see who actually has it. Especially as they’re doing upgrades. The point is all of this is. It’s all connected. It’s all it’s all collected on. On your behalf and a large part of the issue is is that. If you’re using these apps then they also become popular and they also become really cool. All it takes is for Ali pay very simple. Or we chat because they all have thousands of subsidiaries. You create a new app to create a new something that becomes really really big and you have the option within that app to actually use a new coin to be able to send it back and forth to your friends is really cool It’s really fun. You can take a photo and if your friend decides I really like this they’ll give you five cents for it. The only catches you’re just using the Chinese currency but that’s not a problem because it’s super easy fun to use. This is this is the the the issue not so much an issue for. US but it’s more like a.. This is how you lose power very rapidly and you know those S curves that we see as far as like the adoption of new technology when it comes to the. Digitization of all these things that’s going to happen. Very very quick. It’s happening a lot quicker than ISO nine so we had a good five to 10 years left but current events say otherwise especially when. Power grabs are happening. The entire point is they have come to the conclusion that anything that could be stable. Or linked to something else could be seen as a. Securities violation. Perfect timing as well because you know I’m. Not like I didn’t see all of this coming in the first place. I’m just surprised and I was like a global international organization. I guess Facebook had no choice but to bend the knee. I assume something behind the scenes they are deaf. They’re. Definitely desperately trying to find another way around this but. Yeah. Everything. That they can regulate they will regulate. To a certain extent. And this is why once again boys and girls it’s important to be in. Decentralized systems because. Those are a little bit harder to control. And the name of the game right now is. Let’s move on. Next up Square’s chief financial officer said during an investor call on Tuesday. That it has seen a recent uptick in bitcoin engagement via its cash app. Even amid the market turmoil. Adoption. And engagement of fractional equity investing in bitcoin has accelerated in recent weeks. Given recent market interest and volatility. Square previously reported. More than one hundred and seventy eight million dollars in bitcoin purchases volumes in the fourth quarter. 2019 as a whole. The payments firm registered more than five hundred and sixteen million dollars worth of bitcoin sales. Translating to around 8 million dollars in gross profits. Less than 2 percent of gross profit from subscription that I’ll buy about from subscription and transaction based services. The ability to purchase bitcoin. Is one of the features who cares during the call Jack Dorsey. Remarked that we’re seeing strong engagement and volume for bitcoin and said that bitcoin and equity investing have seen strong volumes in adoption and giving the buying opportunity that some of our customers perceive in the. Market. There’s a lot of people who are extremely bullish on bitcoin right now regardless of where the price might be or where the price might seemingly be going. I still believe. We are probably. On the road to another downward movement. How ever the long term upward prospects of all of this is insane. Do you know what I. I don’t know if it’s just time. I don’t know how exactly it hit me. I imagine. So. One of the podcasts I was listening to and I guess it makes a lot of sense when I did this is why I said I guess it takes a while for things to hit me I’m a little. Moral late. Imagine. A world. Where the current purr and not nada. We’re not talking about a twenty thousand dollar Bitcoin energy hype. Imagine the current sentiment right now within the cryptocurrency market of people who are. Buying bitcoin. Imagine if that stays exactly where it is a flat line just same exact way. To around the end of this year. Same exact people buying as you have been buying crypto. As my friends have been buying crypto as I have been buying crypto imagine that same exact line continues. Now imagine a situation where the amount of bitcoin that is being created gets cut in half. And we have that same exact trend line. Do you think that bitcoins price goes up. Or down based on the factors that I just told you. Everyone likes the same exact thing. Bitcoin’s price. Everyone wants to buy. Bitcoin. The amount of bitcoin being created gets cut in half. But the demand remains the same. Logically bitcoin’s price goes up. Now imagine if bitcoin’s price goes up. It’s just it’s just. We’re so close. We’re so gosh darn close and I. Am. Probably. Am I more excited than I should be. No I think I’m fine. We are gearing up for something very big. The amount of interest and the demand for buying Bitcoin across the entirety of the market is very high. Even in many South American countries right now where banks are actually closed because of. Current world events. The bitcoins interest are people buying bitcoin on local bitcoins has seen a major uptick. This is not just happening in those countries is happening all around the world. Just imagine if you and your friends are buying especially. If you’re able to buy big amounts during the course of a week and or month. And you have an asset there’s maybe only around 6 million of it floating around imagine how much that interest is going to spike even more of the Bitcoin price will spike even more when the demand is still there. This isn’t this isn’t even new people getting into the market it’s just us. But imagine the supply is cut in half. What then takes place. So. Amid. All of this. Downturn downplay prices going down. We’re still seeing a very healthy amount of people who are. Actively buying. I have not stopped buying. I will probably not stop buying. We’re a very very long time. Even if prices go down. But what we’re seeing is that. Even when prices go down. People still buy a bit more and then when prices go up people are also still buying a bit more because they are afraid of the prices. Passing them by anyway. That’s a square news for today. Very exciting times ahead at least in my mind. Let’s move on. Next up. Who OBE has implemented a circuit breaker. On its futures trading platform known as who will be. D.M.. Who will be d m the futures trading division of the global exchange will implement a partial liquidation mechanism to prevent a full liquidation in the event of a rapid market swing and liquidations. Will be halted through a circuit breaker function. Which will be activated when it detects large or rapid price movements. Ciara Sun vice president president vice president of global business at who will be group said in the announcement. We believe our new liquidation feature will have far reaching. Consequences for the wider crypto community by helping minimize sudden price movements caused by AB normal liquidation events calls for circuit breaker sound the last week as equities and crypto markets fell precipitously. Big word with the current world events crypto currency exchanges lacked the circuit breakers in place as the traditional exchanges. Multiple 7 percent drops on the New York Stock Exchange triggered a 15 minute circuit breakers some crypto market observers. Identified the benefits of circuit breakers on crypto exchanges in times of panic selling. Having crypto exchanges prevent traders from moving in and out of positions during any market condition. Is however dangerous circuit breakers wouldn’t insert a further layer of trust. In the trader exchange relationship in a period when the future of centralized exchanges is being heavily D baited. The problem is. Is that the crypto currency market is meant to be on manipulated. While manipulation might happen when you see a situation now. Think of it this way. It works both ways. Imagine if. A Crypto let’s say Bitcoin. Is at some point. Eight thousand dollars in the Bitcoin. We. We look back at the screen is that six thousand. Turn our heads look back again it’s at four thousand. Look back again is around two thousand five hundred who were like oh crap Bitcoin is crashing. If you have a circuit breaker you can turn the network off you can turn the system off you can unplug the exchange and go well we’ll just wait a bit. Well we’re way to things cool off. You turn it back on prices though dip a bit but then the price starts going back up. This is in itself. A form of manipulation because you are manipulating the prices you’re manipulating your exchange or you’re telling other people on your platform. We have control of your money. You can’t sell when you want to sell because the market got a bit too hot. It is seems a bit weird how everything was dropping too quickly so we just we just had to unplug it. But it also works the exact other way. While you may think that this is a benefit of people being able to stop falling prices imagine what happens for a cryptocurrency exchanges if there’s a coin that they don’t like or that other people don’t like. That starts going up in price as well. And the price starts going up so quick that it liquidates a whole bunch of shorts whole bunch of people who are betting against it. Everything gets wiped down all of a sudden the exchange goes off line for 30 minutes. Oh yeah we saw the price went up by one hundred and thirty eight percent. We thought there was an anomaly. So we shut it off. Centralized exchanges are coming. Into their own. And they’re rapidly becoming their own little banks and their own little stock exchanges and a lot of the prospects remember I mentioned in 2013 and people. I people told me I was wrong but I felt like a negative flow in the air. We’re seeing the new banks forming we’re seeing the new financial system forming with a lot of these centralized exchanges that we have right now. And. When they call and scream. For a better world of decentralization but they implement things like this it shows that they don’t really care about decentralization it’s more like a.. No it’s just they they. They wanted the power but it’s under the the premise that everyone will have a. Everyone will be a little bit better off when they have the power as opposed to the world governments. And this is also the issue with Coinbase and a bunch of other people having banking charters and then being able to tell you how much you can and can’t take out of the exchange at one time. And also look forward in the future as well because as more money ends up getting into bitcoin. Expect more. Safety nets like this to end up happening and we will probably be seeing a lot of other unplugging over the next year or two if we end up getting to a situation which I think is going to happen where bitcoin will end up going from its current price. Over the course of the next I’ll say 18 months. Sure why not random number and bitcoin goes up to one hundred thousand. We’re gonna have a lot of panic sellers we have panic sellers. Now. So imagine if Bitcoin looks like it’s getting a bit too hot it’s nearing a hundred thousand. And then it starts falling. Of course is going to happen because this is what happens when markets get too hot we’re gonna start seeing a lot of cryptocurrency exchanges. Maybe coordinating. Or simply saying that the exact same time they all came up with the exact same idea to unplug to let things kind of cool off for a bit anyway. Decentralized exchanges I’m a bit disappointed that a lot of them haven’t. Not that they haven’t caught on. I know that there are some people have told me before in the comment section. But I want something as big as or at least half as big. As Coinbase and or by ounce I want like an actual legitimate place where people can go to where people don’t have issues don’t have problems. And can use it as an alternative because. They have very high liquidity that is also a very big thing I don’t want to go to a place that tons of people trust but Bitcoin’s liquidity on that Web site is like 38 million. That is also a very big no no. So. Years ago. A lot of people thought that we would have decentralized exchanges that would be. Very robust and very big because we need. Guards against things like like the the point of the cryptocurrency market is that it’s a 24 hour market that isn’t controlled by anyone they appointed a decentralized cryptocurrency exchange. That you can do. With your money as you please 24 hours a day you can put 35 Bitcoin onto that exchange and at the same exact time five minutes later you go Nope I don’t want that you take your thirty five Bitcoin off there isn’t a. An amount that you’re told by someone else so. We’ll see how this develops. I already know how it’s going to develop but that’s the. Who will be a circuit breaker news and look forward to many other crypto exchanges also. Initiating circuit breakers in the future as well. And to finish things off. On the 24th of March. Car Dano founder Charles Hoskinson streamed a YouTube video titled On Wikipedia in which he berated Wikipedia for applying arbitrary commercial censorship against car dunno. Censorship of cryptocurrency projects is as old as the industry itself. Back in 2010. Even Satoshi Nakamoto was frustrated with Wikipedia’s efforts for removing bitcoins wiki entry several times after PayPal several times with WikiLeaks. One of bitcoin supporters suggested that becoming the site’s new source for donations would generate enough publicity to gain entry into Wikipedia. Satoshi strongly opposed the WikiLeaks adoption of the crypto currency. But it was too late. He said no don’t bring it on. The project needs to grow gradually so the software can be strengthened along the way. I made this appeal to WikiLeaks not to use Bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more pocket change as the heat you would bring would likely destroy us at this stage. If you’ve never seen a lot of the things that Satoshi used to actually post. Online they’re very fascinating. He said he didn’t want it to grow as fast as it did. He really wanted it to take its time. He realized the power of what could have been or what it was going to be. But it was more like a lot of people who he trusted in the very beginning. Were only. Interested in the money. Like only they saw that it had a dollar value and they were like OK we can do this as so and so I think one of the last times we actually heard about or heard from the Toshi was one of the people who he. Trusted actually went. I think to the US government to the US Army and like told them about Bitcoin. And wanted to like have like the the the major players in the government like sit down at a desk and he would tell them about it was it was completely nonsensical. And this is what actually drove him away because he realized that. In the end people only cared about the the dollar amount or had nothing to do with with decentralization for them anyway. HOSKINSON stated. Or states. That he does not know the rationale behind Wikipedia’s hostility towards his project. Despite being one of the most cited. Of all peer reviewed coins. He said We don’t know. Why there’s hostility when coins like spank chain can have an article on Wikipedia. A lot of other crypto currencies and top 15 top 20 apparently have articles and that’s perfectly fine but then we’re not allowed to have an article for some reason even though we’re not mentioned. We’ve been mentioned by the U.S. Congress. Apparently many other projects do have. Articles. Even even be cash has one. Who knows what’s going on. I don’t really understand a lot of the I think is just frustration. Wikipedia itself is a great place to. Get information but a lot of times it is really garbage. Anything that doesn’t seem proper to Wikipedia. They simply take it off themselves or have other people who. If you’re if you’re able to do so you can pretty much take off anything that you want. On Wikipedia. So if the entire article for bitcoin is completely correct. Might it can go no I don’t believe it and they can kind of take it off themselves. Anyway yeah. This was also. Seemingly major news. I assume it’ll be fine. In situations like this and I I understand why you would want to be on Wikipedia. I guess maybe to have more reach for people to be able to figure out more about your project. I feel like. You can just do that on your own website. Great. Like a tab as to exactly everything you were going to put in onto Wikipedia so that when people search for Cano they simply go directly to your site and also once again. If your project is strong enough and robust enough and cool and fast and awesome and strong enough to really stand out you don’t need a Wikipedia article. If if Cano is really. That good. And is going to be able to blow people away. I’m pretty sure it would still be able to do so without people having to. Type in Kano Ada wiki and then enter. Anyway. Yeah. This was this was apparently a really big thing a lot of people were. Heated furious mad angry upset. They. Had issues. They were peeved. About this going on. I’m sure it’ll be fine Mr. Hoskinson. I don’t know this man but. I feel like just paying more attention to. Our down about this point is probably more. Makes a bit more sense especially if we’re in a situation where crypto prices are going down. And we are potentially on the way to an upswing. I feel like worrying about your your your your coin being able to do a million transactions per second so you can boast about that. When prices go up is a bit more. Important. Yeah. As always. What the hell happened to my hand. Oh my gosh. Yeah. Have those situations where like you lay on the pillow and like you wake up and I could look your face in the pillow like it looks kind of crazy. Thinking it looks like I was. Stabbed by a pen or something when I come from as always. Looks crazy. Very special thank you to my patriotic supporters. Professor Wally from Gundagai university Yasha. Hot out of me man. Moon. No wrong that’s completely wrong. Moon Man to man moon moon man. Hi SRP. Joshua vineyard. Martin Shaw. Josh gorse God no knows. Tango No no song go No no Mr. Pickles John starts in the animal reader a biblical phobia bare bones mining Todd Mullis Adam Grace sic Mohammed Roni M. ventures in Thailand Brady Neil Jared Snyder wise night owl to forward to to the world crypt dojo bank road network a double M. Louisa crypto artist Cody 3D. Nicholas one Earth one peace one love Richie Rich a third. Nick Kenai is set soon a Damien Vlad the Impaler crip no shipmate Praxis command yellow body Antony Charles Jim Garner. Jeremy Fox minting coins caskets leg day and Miller hits that chest everyday. Yes to crypto Bodie comic book face anytime fitness Monk’s Corner staff our medic 17. Make me a cake. Tigger a match on Nessa on crypto with a Lino. Crayola Michelle. You are L. And hold on I have to sneeze. Thank you all very much. Very very much. Very very much. Here we go for your support and thank you to everyone. Who is a member of the channel. Your love and gratitude and awesomeness is. Very much appreciated. At the moment. The markets in red but like a tiny red. Bitcoins down by two point seventy six. Ether is currently down by three point one 3. Everything else is roughly around a good. One to two percent in the top 10. That’s a stable coin. That’s why it’s up. Monaro is up by almost 4 percent for. Sure. Everything’s reddish except for a lot of the stable coins. This could be in anticipation of the opening of. The. HIVE. Token. It’s up. Not a lot Boehm the 24 hour volume. Only fifty three thousand Oh that’s. The the crypto currency industry has a lot more maturing to do. If you’re able to get into the top 50 the top forty five on fifty three thousand dollars worth of. Trading volume is worrying. This could be an anticipation of. The opening of the traditional stock markets to see exactly what’s going to happen with the prices we’ve had a lot of fluctuations in. Traditional money space. Prices go up one day because people are optimistic about something and then lo and behold the optimism fades quite quickly especially with the prospects and news that we’ve been getting. That’s the why do you call it. Not only is the world into recession. But that this recession will continue for another. Couple of months. We’ll see what happens. I think it’s all going to be very fascinating either way. It’s it’s it’s it’s a time unlike any other. And while it may be a bit crazy and out there I do. Appreciate it if that’s a word I want to use that we’re able to. Be a part of history. There is that silver lining. I hope you all enjoyed. Hope you all are having a great day. A great morning a great afternoon a great evening wherever you are wherever you might be. I do hope. That it’s absolutely fantastic. Thank you all. Every single one of you once again for watching and or listening. Now I will most certainly. Be Talking. To you all. Soon. See you.
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The Ultimate Power Grab, Stablecoin “Securities”, Bitcoin Growth & Cardano ADA Is Banned
VIDEO TRANSCRIPT
Hello everybody. Welcome back for another video. Hope you’re all doing well and that you’re all having a great. Day. To. Start. Things. Off. China is working on the launch of its national digital currency. And it will be available in the market sooner than expected despite the delay. People’s Bank of China is closer to launching its official. Digital currency than people might actually expect to China is on the way to becoming the first major country to launch its national digital currency. Several other countries are also working on their own centralized digital currencies that we might see that we will most certainly will probably be seeing in the future. There is no. There’s no might or if anymore. People’s Bank of China is quite close to launching its national digital currency that central bank of China. But by working together with several large private companies has finished the development process and is working on the proper legislation. Before the. Thing is actually released. After the world current events the People’s Bank of China had delayed the launch of its national currency in definitely. One. No that’s a definite lie and too we see that it’s a lie because we see that they are. Launching it. The central banks all over the world have taken extreme measures to stop the financial markets from crumbling. Earlier. U.S. Federal Reserve. The U.S. Federal Reserve announced an unlimited quantitative easing to help financial markets in the country in addition to that lawmakers announced a 2 trillion dollar stimulus package. It also benefits working class people and small businesses in the country. So I don’t know if it’s just me I keep seeing random or rather differentiated kneeing numbers. Over the last couple of days. As far as the the the stimulus package I’ve seen one that says one point five trillion I’ve seen one this says two. I saw another one that said four trillion and one that said maybe it was just a proposed six trillion dollar stimulus package. But I never see an accurate number. No matter which. Article I am reading through or looking at. The the trillion number is always completely different for the stimulus package. It says Canada the United Kingdom and other European countries also announced massive stimulus packages as well as you might have guessed this is. Major news this news is all over the place. China’s crypto currency is closer than expected already working on legislation this is turning a crisis. Into an opportunity. China gets one step closer to its central bank digital currency. Any news at all. I mean let’s be honest with ourselves. That any. Country who already tries to make sure that they control every single thing that happens within their borders would even think of letting an opportunity like this go to waste. Is out of there. Gosh darn mind because it’s fairly obvious that China probably had zero plans if any to not go ahead with the launch of this thing especially with the news that we were getting before that as the last couple of weeks has been going on a lot of countries have actually been burning cash. In an effort to. Slow down the current world events and they’ve been saying that they’ve been doing it because money is dirty but also one can only assume that when you get rid of something that you’re going to push something else a bit forward. Right. I Oh also the other really weird part. You might see right here says according to Global Times report on the 24th of March and there’s a link right here. Whereas the other one. New report and form the CBD launch is closer than expected. And this one also had it. Right here despite the delay closer to launching. These are all links to actual news articles about the from from completely different sources as well about the actual launch of this and many of them were I believe Chinese Web sites that were explaining or saying or that had been translated into English about the. Ongoing completion of the central bank digital currency. I usually open up all the links so that everyone can see what the article was actually talking about. All three of those websites or those links have been completely taken down. I don’t think it’s a coincidence because it’s a little bit too randomized especially when they were all talking about completely different reports. But I definitely open them up one by one I thought something was wrong with my computer my internet. My stable connection and lo and behold nope they were all three different Web sites and everything was loaded completely properly. So the other news that we got about this recently as well. As Ali pay patterns reveal more details about China’s forthcoming central bank digital currency. It is widely believed that we Che We Che we chat and Ali pay will be major. Or friends major heads of this entire digitization operation within those borders already anything you write on. We chat or any type of we chat social media platform. The government is already informed about everything you do pretty much goes to these apps you can book doctors appointment dentist appointment you can book cabs. You can buy food you can talk to friends you can do everything just on these one app same exact thing with Ali pay. All the money flows remain two different maybe three systems within that country all the information is shared with a government so the speculation that we had before was that these two we chat and Ali pay would be major leaders and the actual. Helping of the digitization of that country and apparently it appears to be completely true because the news that we’ve been having is that apparently. Ali pay. Has been putting out tons of patents. That will allow for the ease of this transition through their platforms so. Many news of this not happening is I mean. Just read the news look at what’s actually happening around the world this is a. We are experiencing a moment where power grabs are going to be in credibly easy. And to think that one of the largest power grabbers would not try to make sure that they have a complete choke hold. On this entire situation when all the dust has settled and is cleared. Think again. So I think the news that we had before was that this was supposed to launch some time. In summer I remember the exact timeframe I remember a lot of this was happening. It was supposed to happen before Libra launched and Libra was originally expected to launch in June and I think now the world governments have made them push that back to October but apparently in June we will still see the launch of the stable coins from Libra. On their platform so it is the end of March April May. So within the next two and a half months I would assume that we would see this before any other. Entity even decided to try to think about digitizing their currency. Anyway. That’s the that’s news for today. It’s incredibly obvious and don’t think that a country near you. Or the country that you’re in isn’t going to try and do the exact same thing. Right. And let’s move on. Shockingly enough tying directly into the exact same thing. The International Organization of Securities Commissions. Or IRS Coco IFCO. Thinks global stable coin initiatives. Might be subject to security laws according to a new report. Wow that’s really weird right. How you know the global authority on securities might think that other things are. Securities almost like they’re trying to. Get control of them before they become too popular. No that couldn’t be it published on Monday. The 31 page examination of regulatory issues around stable coins crypto currencies with prices pegged to a low volatility asset reserve. Stressed that jurisdiction and regulation ultimately depend on projects specifics. I O S C O. Looked at a hypothetical stable coin managed by a company’s governance board. Backed by a basket of goat global reserve currencies and settled on its own private block chain. It could only be issued to authorize participants that buy and sell the stable coin and could be passed between users digital wallets. The report did not mention any specific stable coins. But this sounds exactly like Libra. I. Wish I could be a fly on the wall in these meetings to understand exactly what fears they have because this what they mention as part of what the problem is is exactly what happens now in the current global financial markets. It’s a bunch of people. Who hold governance over exactly what’s happening by something that’s being launched but the only issue is that usually what’s being launched especially with the fiat currency that we have right now is that they’re not actually backed by anything by a basket of nothing is by a basket of air and by a basket of them telling you that it has value. The private block chain is probably where the problem comes in because if it’s private and no one else has access to it as you may have remembered before never ever forget. Remember a couple of years ago about a good one two three and a half years ago where there was a situation where I remember who it was they were trying to get access into a couple of iPhones and they were so encrypted that that government couldn’t do it and they told Apple openness. Open it right now. And Apple said no. We actually can’t do that. And they went on a rampage trying to get Apple to do it badly. The issue was is that if you do it for one country. Then you have to do it for all of them. Someone could simply say oh gosh there is a problem we need you to unlock that. And then they have the. Keys to the kingdom as it were. So what happens when you don’t have the Kings the keys to the kingdom. You don’t really hold a lot of power or as much power as you thought you had before which is a big issue and governments don’t like that. So. The the the idea being now is that. Of course. Randomly the things that are and could potentially in the future be pegged to things that we currently have i.e.. Digitized U.S. dollars and I’ll even simplify it for you and to simply say tether. What happens when a company controls tether and not the government. What happens if the crypto currency space. I mean really takes off. And the end and the people’s coin of choice. When it comes to swapping back and forth between that currency. Ends up being tether. And not the actual U.S. dollar. Sounds like a problem from it’s hypothetical hypothetical hypothetical analysis I. Oh o. Found such a scheme may fall under securities regulations purview. Because a stable coin may be used for payments an activity that could potentially amount to regulated payment and banking activities or even regulated payment systems. Report Says. If adopted at a large scale. It could become systemically important. I E if other people start using it more than what. You have to understand. The way that the world is built this is all according to plan. This is nothing haphazard and I don’t mean that as like tin foil hat thing everything that we have now was already planned about 50 years ago. The power moves the power struggles the power so and so everything is made sure that things are kept the same exact way that they are and they’re ready. I’m sure tons of plans to keep things out of the way they are they keep the same exact people who were in power are in power in power. Like I mentioned before in other videos. For those of you who don’t know there are many countries especially the ones who are actually under sanctions by. AI by big country you are told this is how it works. If you are to sell anything from your country if you are to move any items and move any goods if you are to sell petrol it has to be through the US dollar. This strengthens the use of the US dollar it increases the liquidity increases the amount of countries around world who are under the foothold of the US dollar. You have to understand that this was all done immediately after World War 2 as an initiative to make sure that all these other countries while everyone else is struggling and trying to rebuild that you. Internally have your foot on their neck and this is why we’ve seen a whole bunch of other countries talking about that they’re going to launch their own central bank digital currencies. Because they’re trying to get away from that. This is why we’ve also seen a couple of other countries seem interested in bitcoin specifically because how do you get around someone that’s been telling you since the 1940’s if not the beginning of the 1950s that you have to do exactly what we want to use another system and that is a very big no no. So a lot of this stuff has once again been put in place for the last. It’s been like 70 years that’s absolutely insane has been made to keep those who were in power in power the faces on the chair may change. But the idea is always the same pushed down everybody else so that we are higher up. That’s just how politics go. Like I said not a tinfoil hat thing that’s just how. Power is kept. If you are a king and you have a kingdom and you see someone else building homes and that looks like a little mini castle where you go OK you go shake their hand find out exactly what they’re doing then the very next day you knock over anything that they’re trying to build. You are still the king your kids are still princes and princesses. And then one day they become kings and queens and you tell them. The next time that someone does what that other person did you knock them down as well. So. On that point. I feel like and I have seen over the course of the last couple of years a lot of the e initiatives that we’ve seen to either. Digitize the world economy or even just people. The shift towards a crypto currency decentralized centric world I think has caught a lot of world leaders by surprise. Why. Because things were setup for the last say with me 50 60 to 70 years to make sure that the power is maintained. And when someone creates something 11 years ago. At around 5 6 years ago starts to become kind of popular then a whole bunch of other clones start popping up and people start creating things especially a social media platform Facebook that decides to create their own currency and then people slowly realize or rapidly realize. They have more people on their platform than we do in the entire banking system currently right now. That is a problem. I once assumed no no no still assumption. There are a couple of stable coins and I’m sure are going to be around for a while. Because a lot of them. Have. Seemingly. Ties. One might say with world banks and or governments I’m sure I’m sure there’s a lot of funding and stuff going on behind the scenes but a lot of the other ones that we know I don’t want to say that we know and love that we’ve known have seen around are going to completely disappear. Give it give it to I give it two years. We’re gonna start seeing them coming down on anything the same exact way. Telegram. Ton. This one any whatever you know exactly what I’m talking about all these other projects because they pose a threat in some sort of way the same exact thing where we saw the news from last year. I’m running out of breath of the people talking about the China central bank digital currency and how the U.S. had to make theirs before China created one why once again. Because it’s the ease of movement you may not know this and it’s a really annoying point because so many people don’t really pay attention to a lot of these things going. What’s that. That that app name. Tick tock. The one that all the people are using and they recorded themselves with these crazy 30 second do whatever people are doing. A lot of the assets are big that become really popular around the world. Can you guess which country they’re from. Can you can you guess who’s making them in a lot of people don’t know this now that this is the really really weird part. A lot of these things end up having hundreds of millions of users. Remember those apps said last year that everyone was like yeah I’m going to lick it and I’m going to show my face and oh my gosh it shows me old you know who made those young to old apps and now have. Videos and pictures of you young and old. Ha. And that’s not. You can Google it right now. Take out your phone take out your tablet. I’m not even half joking like these aren’t conspiracy theories like these are we know who owns these actual things because we can trace back to companies to see who actually has it. Especially as they’re doing upgrades. The point is all of this is. It’s all connected. It’s all it’s all collected on. On your behalf and a large part of the issue is is that. If you’re using these apps then they also become popular and they also become really cool. All it takes is for Ali pay very simple. Or we chat because they all have thousands of subsidiaries. You create a new app to create a new something that becomes really really big and you have the option within that app to actually use a new coin to be able to send it back and forth to your friends is really cool It’s really fun. You can take a photo and if your friend decides I really like this they’ll give you five cents for it. The only catches you’re just using the Chinese currency but that’s not a problem because it’s super easy fun to use. This is this is the the the issue not so much an issue for. US but it’s more like a.. This is how you lose power very rapidly and you know those S curves that we see as far as like the adoption of new technology when it comes to the. Digitization of all these things that’s going to happen. Very very quick. It’s happening a lot quicker than ISO nine so we had a good five to 10 years left but current events say otherwise especially when. Power grabs are happening. The entire point is they have come to the conclusion that anything that could be stable. Or linked to something else could be seen as a. Securities violation. Perfect timing as well because you know I’m. Not like I didn’t see all of this coming in the first place. I’m just surprised and I was like a global international organization. I guess Facebook had no choice but to bend the knee. I assume something behind the scenes they are deaf. They’re. Definitely desperately trying to find another way around this but. Yeah. Everything. That they can regulate they will regulate. To a certain extent. And this is why once again boys and girls it’s important to be in. Decentralized systems because. Those are a little bit harder to control. And the name of the game right now is. Let’s move on. Next up Square’s chief financial officer said during an investor call on Tuesday. That it has seen a recent uptick in bitcoin engagement via its cash app. Even amid the market turmoil. Adoption. And engagement of fractional equity investing in bitcoin has accelerated in recent weeks. Given recent market interest and volatility. Square previously reported. More than one hundred and seventy eight million dollars in bitcoin purchases volumes in the fourth quarter. 2019 as a whole. The payments firm registered more than five hundred and sixteen million dollars worth of bitcoin sales. Translating to around 8 million dollars in gross profits. Less than 2 percent of gross profit from subscription that I’ll buy about from subscription and transaction based services. The ability to purchase bitcoin. Is one of the features who cares during the call Jack Dorsey. Remarked that we’re seeing strong engagement and volume for bitcoin and said that bitcoin and equity investing have seen strong volumes in adoption and giving the buying opportunity that some of our customers perceive in the. Market. There’s a lot of people who are extremely bullish on bitcoin right now regardless of where the price might be or where the price might seemingly be going. I still believe. We are probably. On the road to another downward movement. How ever the long term upward prospects of all of this is insane. Do you know what I. I don’t know if it’s just time. I don’t know how exactly it hit me. I imagine. So. One of the podcasts I was listening to and I guess it makes a lot of sense when I did this is why I said I guess it takes a while for things to hit me I’m a little. Moral late. Imagine. A world. Where the current purr and not nada. We’re not talking about a twenty thousand dollar Bitcoin energy hype. Imagine the current sentiment right now within the cryptocurrency market of people who are. Buying bitcoin. Imagine if that stays exactly where it is a flat line just same exact way. To around the end of this year. Same exact people buying as you have been buying crypto. As my friends have been buying crypto as I have been buying crypto imagine that same exact line continues. Now imagine a situation where the amount of bitcoin that is being created gets cut in half. And we have that same exact trend line. Do you think that bitcoins price goes up. Or down based on the factors that I just told you. Everyone likes the same exact thing. Bitcoin’s price. Everyone wants to buy. Bitcoin. The amount of bitcoin being created gets cut in half. But the demand remains the same. Logically bitcoin’s price goes up. Now imagine if bitcoin’s price goes up. It’s just it’s just. We’re so close. We’re so gosh darn close and I. Am. Probably. Am I more excited than I should be. No I think I’m fine. We are gearing up for something very big. The amount of interest and the demand for buying Bitcoin across the entirety of the market is very high. Even in many South American countries right now where banks are actually closed because of. Current world events. The bitcoins interest are people buying bitcoin on local bitcoins has seen a major uptick. This is not just happening in those countries is happening all around the world. Just imagine if you and your friends are buying especially. If you’re able to buy big amounts during the course of a week and or month. And you have an asset there’s maybe only around 6 million of it floating around imagine how much that interest is going to spike even more of the Bitcoin price will spike even more when the demand is still there. This isn’t this isn’t even new people getting into the market it’s just us. But imagine the supply is cut in half. What then takes place. So. Amid. All of this. Downturn downplay prices going down. We’re still seeing a very healthy amount of people who are. Actively buying. I have not stopped buying. I will probably not stop buying. We’re a very very long time. Even if prices go down. But what we’re seeing is that. Even when prices go down. People still buy a bit more and then when prices go up people are also still buying a bit more because they are afraid of the prices. Passing them by anyway. That’s a square news for today. Very exciting times ahead at least in my mind. Let’s move on. Next up. Who OBE has implemented a circuit breaker. On its futures trading platform known as who will be. D.M.. Who will be d m the futures trading division of the global exchange will implement a partial liquidation mechanism to prevent a full liquidation in the event of a rapid market swing and liquidations. Will be halted through a circuit breaker function. Which will be activated when it detects large or rapid price movements. Ciara Sun vice president president vice president of global business at who will be group said in the announcement. We believe our new liquidation feature will have far reaching. Consequences for the wider crypto community by helping minimize sudden price movements caused by AB normal liquidation events calls for circuit breaker sound the last week as equities and crypto markets fell precipitously. Big word with the current world events crypto currency exchanges lacked the circuit breakers in place as the traditional exchanges. Multiple 7 percent drops on the New York Stock Exchange triggered a 15 minute circuit breakers some crypto market observers. Identified the benefits of circuit breakers on crypto exchanges in times of panic selling. Having crypto exchanges prevent traders from moving in and out of positions during any market condition. Is however dangerous circuit breakers wouldn’t insert a further layer of trust. In the trader exchange relationship in a period when the future of centralized exchanges is being heavily D baited. The problem is. Is that the crypto currency market is meant to be on manipulated. While manipulation might happen when you see a situation now. Think of it this way. It works both ways. Imagine if. A Crypto let’s say Bitcoin. Is at some point. Eight thousand dollars in the Bitcoin. We. We look back at the screen is that six thousand. Turn our heads look back again it’s at four thousand. Look back again is around two thousand five hundred who were like oh crap Bitcoin is crashing. If you have a circuit breaker you can turn the network off you can turn the system off you can unplug the exchange and go well we’ll just wait a bit. Well we’re way to things cool off. You turn it back on prices though dip a bit but then the price starts going back up. This is in itself. A form of manipulation because you are manipulating the prices you’re manipulating your exchange or you’re telling other people on your platform. We have control of your money. You can’t sell when you want to sell because the market got a bit too hot. It is seems a bit weird how everything was dropping too quickly so we just we just had to unplug it. But it also works the exact other way. While you may think that this is a benefit of people being able to stop falling prices imagine what happens for a cryptocurrency exchanges if there’s a coin that they don’t like or that other people don’t like. That starts going up in price as well. And the price starts going up so quick that it liquidates a whole bunch of shorts whole bunch of people who are betting against it. Everything gets wiped down all of a sudden the exchange goes off line for 30 minutes. Oh yeah we saw the price went up by one hundred and thirty eight percent. We thought there was an anomaly. So we shut it off. Centralized exchanges are coming. Into their own. And they’re rapidly becoming their own little banks and their own little stock exchanges and a lot of the prospects remember I mentioned in 2013 and people. I people told me I was wrong but I felt like a negative flow in the air. We’re seeing the new banks forming we’re seeing the new financial system forming with a lot of these centralized exchanges that we have right now. And. When they call and scream. For a better world of decentralization but they implement things like this it shows that they don’t really care about decentralization it’s more like a.. No it’s just they they. They wanted the power but it’s under the the premise that everyone will have a. Everyone will be a little bit better off when they have the power as opposed to the world governments. And this is also the issue with Coinbase and a bunch of other people having banking charters and then being able to tell you how much you can and can’t take out of the exchange at one time. And also look forward in the future as well because as more money ends up getting into bitcoin. Expect more. Safety nets like this to end up happening and we will probably be seeing a lot of other unplugging over the next year or two if we end up getting to a situation which I think is going to happen where bitcoin will end up going from its current price. Over the course of the next I’ll say 18 months. Sure why not random number and bitcoin goes up to one hundred thousand. We’re gonna have a lot of panic sellers we have panic sellers. Now. So imagine if Bitcoin looks like it’s getting a bit too hot it’s nearing a hundred thousand. And then it starts falling. Of course is going to happen because this is what happens when markets get too hot we’re gonna start seeing a lot of cryptocurrency exchanges. Maybe coordinating. Or simply saying that the exact same time they all came up with the exact same idea to unplug to let things kind of cool off for a bit anyway. Decentralized exchanges I’m a bit disappointed that a lot of them haven’t. Not that they haven’t caught on. I know that there are some people have told me before in the comment section. But I want something as big as or at least half as big. As Coinbase and or by ounce I want like an actual legitimate place where people can go to where people don’t have issues don’t have problems. And can use it as an alternative because. They have very high liquidity that is also a very big thing I don’t want to go to a place that tons of people trust but Bitcoin’s liquidity on that Web site is like 38 million. That is also a very big no no. So. Years ago. A lot of people thought that we would have decentralized exchanges that would be. Very robust and very big because we need. Guards against things like like the the point of the cryptocurrency market is that it’s a 24 hour market that isn’t controlled by anyone they appointed a decentralized cryptocurrency exchange. That you can do. With your money as you please 24 hours a day you can put 35 Bitcoin onto that exchange and at the same exact time five minutes later you go Nope I don’t want that you take your thirty five Bitcoin off there isn’t a. An amount that you’re told by someone else so. We’ll see how this develops. I already know how it’s going to develop but that’s the. Who will be a circuit breaker news and look forward to many other crypto exchanges also. Initiating circuit breakers in the future as well. And to finish things off. On the 24th of March. Car Dano founder Charles Hoskinson streamed a YouTube video titled On Wikipedia in which he berated Wikipedia for applying arbitrary commercial censorship against car dunno. Censorship of cryptocurrency projects is as old as the industry itself. Back in 2010. Even Satoshi Nakamoto was frustrated with Wikipedia’s efforts for removing bitcoins wiki entry several times after PayPal several times with WikiLeaks. One of bitcoin supporters suggested that becoming the site’s new source for donations would generate enough publicity to gain entry into Wikipedia. Satoshi strongly opposed the WikiLeaks adoption of the crypto currency. But it was too late. He said no don’t bring it on. The project needs to grow gradually so the software can be strengthened along the way. I made this appeal to WikiLeaks not to use Bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more pocket change as the heat you would bring would likely destroy us at this stage. If you’ve never seen a lot of the things that Satoshi used to actually post. Online they’re very fascinating. He said he didn’t want it to grow as fast as it did. He really wanted it to take its time. He realized the power of what could have been or what it was going to be. But it was more like a lot of people who he trusted in the very beginning. Were only. Interested in the money. Like only they saw that it had a dollar value and they were like OK we can do this as so and so I think one of the last times we actually heard about or heard from the Toshi was one of the people who he. Trusted actually went. I think to the US government to the US Army and like told them about Bitcoin. And wanted to like have like the the the major players in the government like sit down at a desk and he would tell them about it was it was completely nonsensical. And this is what actually drove him away because he realized that. In the end people only cared about the the dollar amount or had nothing to do with with decentralization for them anyway. HOSKINSON stated. Or states. That he does not know the rationale behind Wikipedia’s hostility towards his project. Despite being one of the most cited. Of all peer reviewed coins. He said We don’t know. Why there’s hostility when coins like spank chain can have an article on Wikipedia. A lot of other crypto currencies and top 15 top 20 apparently have articles and that’s perfectly fine but then we’re not allowed to have an article for some reason even though we’re not mentioned. We’ve been mentioned by the U.S. Congress. Apparently many other projects do have. Articles. Even even be cash has one. Who knows what’s going on. I don’t really understand a lot of the I think is just frustration. Wikipedia itself is a great place to. Get information but a lot of times it is really garbage. Anything that doesn’t seem proper to Wikipedia. They simply take it off themselves or have other people who. If you’re if you’re able to do so you can pretty much take off anything that you want. On Wikipedia. So if the entire article for bitcoin is completely correct. Might it can go no I don’t believe it and they can kind of take it off themselves. Anyway yeah. This was also. Seemingly major news. I assume it’ll be fine. In situations like this and I I understand why you would want to be on Wikipedia. I guess maybe to have more reach for people to be able to figure out more about your project. I feel like. You can just do that on your own website. Great. Like a tab as to exactly everything you were going to put in onto Wikipedia so that when people search for Cano they simply go directly to your site and also once again. If your project is strong enough and robust enough and cool and fast and awesome and strong enough to really stand out you don’t need a Wikipedia article. If if Cano is really. That good. And is going to be able to blow people away. I’m pretty sure it would still be able to do so without people having to. Type in Kano Ada wiki and then enter. Anyway. Yeah. This was this was apparently a really big thing a lot of people were. Heated furious mad angry upset. They. Had issues. They were peeved. About this going on. I’m sure it’ll be fine Mr. Hoskinson. I don’t know this man but. I feel like just paying more attention to. Our down about this point is probably more. Makes a bit more sense especially if we’re in a situation where crypto prices are going down. And we are potentially on the way to an upswing. I feel like worrying about your your your your coin being able to do a million transactions per second so you can boast about that. When prices go up is a bit more. Important. Yeah. As always. What the hell happened to my hand. Oh my gosh. Yeah. Have those situations where like you lay on the pillow and like you wake up and I could look your face in the pillow like it looks kind of crazy. Thinking it looks like I was. Stabbed by a pen or something when I come from as always. Looks crazy. Very special thank you to my patriotic supporters. Professor Wally from Gundagai university Yasha. Hot out of me man. Moon. No wrong that’s completely wrong. Moon Man to man moon moon man. Hi SRP. Joshua vineyard. Martin Shaw. Josh gorse God no knows. Tango No no song go No no Mr. Pickles John starts in the animal reader a biblical phobia bare bones mining Todd Mullis Adam Grace sic Mohammed Roni M. ventures in Thailand Brady Neil Jared Snyder wise night owl to forward to to the world crypt dojo bank road network a double M. Louisa crypto artist Cody 3D. Nicholas one Earth one peace one love Richie Rich a third. Nick Kenai is set soon a Damien Vlad the Impaler crip no shipmate Praxis command yellow body Antony Charles Jim Garner. Jeremy Fox minting coins caskets leg day and Miller hits that chest everyday. Yes to crypto Bodie comic book face anytime fitness Monk’s Corner staff our medic 17. Make me a cake. Tigger a match on Nessa on crypto with a Lino. Crayola Michelle. You are L. And hold on I have to sneeze. Thank you all very much. Very very much. Very very much. Here we go for your support and thank you to everyone. Who is a member of the channel. Your love and gratitude and awesomeness is. Very much appreciated. At the moment. The markets in red but like a tiny red. Bitcoins down by two point seventy six. Ether is currently down by three point one 3. Everything else is roughly around a good. One to two percent in the top 10. That’s a stable coin. That’s why it’s up. Monaro is up by almost 4 percent for. Sure. Everything’s reddish except for a lot of the stable coins. This could be in anticipation of the opening of. The. HIVE. Token. It’s up. Not a lot Boehm the 24 hour volume. Only fifty three thousand Oh that’s. The the crypto currency industry has a lot more maturing to do. If you’re able to get into the top 50 the top forty five on fifty three thousand dollars worth of. Trading volume is worrying. This could be an anticipation of. The opening of the traditional stock markets to see exactly what’s going to happen with the prices we’ve had a lot of fluctuations in. Traditional money space. Prices go up one day because people are optimistic about something and then lo and behold the optimism fades quite quickly especially with the prospects and news that we’ve been getting. That’s the why do you call it. Not only is the world into recession. But that this recession will continue for another. Couple of months. We’ll see what happens. I think it’s all going to be very fascinating either way. It’s it’s it’s it’s a time unlike any other. And while it may be a bit crazy and out there I do. Appreciate it if that’s a word I want to use that we’re able to. Be a part of history. There is that silver lining. I hope you all enjoyed. Hope you all are having a great day. A great morning a great afternoon a great evening wherever you are wherever you might be. I do hope. That it’s absolutely fantastic. Thank you all. Every single one of you once again for watching and or listening. Now I will most certainly. Be Talking. To you all. Soon. See you.
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The Ultimate Power Grab, Stablecoin “Securities”, Bitcoin Growth & Cardano ADA Is Banned
VIDEO TRANSCRIPT
Hello everybody. Welcome back for another video. Hope you’re all doing well and that you’re all having a great. Day. To. Start. Things. Off. China is working on the launch of its national digital currency. And it will be available in the market sooner than expected despite the delay. People’s Bank of China is closer to launching its official. Digital currency than people might actually expect to China is on the way to becoming the first major country to launch its national digital currency. Several other countries are also working on their own centralized digital currencies that we might see that we will most certainly will probably be seeing in the future. There is no. There’s no might or if anymore. People’s Bank of China is quite close to launching its national digital currency that central bank of China. But by working together with several large private companies has finished the development process and is working on the proper legislation. Before the. Thing is actually released. After the world current events the People’s Bank of China had delayed the launch of its national currency in definitely. One. No that’s a definite lie and too we see that it’s a lie because we see that they are. Launching it. The central banks all over the world have taken extreme measures to stop the financial markets from crumbling. Earlier. U.S. Federal Reserve. The U.S. Federal Reserve announced an unlimited quantitative easing to help financial markets in the country in addition to that lawmakers announced a 2 trillion dollar stimulus package. It also benefits working class people and small businesses in the country. So I don’t know if it’s just me I keep seeing random or rather differentiated kneeing numbers. Over the last couple of days. As far as the the the stimulus package I’ve seen one that says one point five trillion I’ve seen one this says two. I saw another one that said four trillion and one that said maybe it was just a proposed six trillion dollar stimulus package. But I never see an accurate number. No matter which. Article I am reading through or looking at. The the trillion number is always completely different for the stimulus package. It says Canada the United Kingdom and other European countries also announced massive stimulus packages as well as you might have guessed this is. Major news this news is all over the place. China’s crypto currency is closer than expected already working on legislation this is turning a crisis. Into an opportunity. China gets one step closer to its central bank digital currency. Any news at all. I mean let’s be honest with ourselves. That any. Country who already tries to make sure that they control every single thing that happens within their borders would even think of letting an opportunity like this go to waste. Is out of there. Gosh darn mind because it’s fairly obvious that China probably had zero plans if any to not go ahead with the launch of this thing especially with the news that we were getting before that as the last couple of weeks has been going on a lot of countries have actually been burning cash. In an effort to. Slow down the current world events and they’ve been saying that they’ve been doing it because money is dirty but also one can only assume that when you get rid of something that you’re going to push something else a bit forward. Right. I Oh also the other really weird part. You might see right here says according to Global Times report on the 24th of March and there’s a link right here. Whereas the other one. New report and form the CBD launch is closer than expected. And this one also had it. Right here despite the delay closer to launching. These are all links to actual news articles about the from from completely different sources as well about the actual launch of this and many of them were I believe Chinese Web sites that were explaining or saying or that had been translated into English about the. Ongoing completion of the central bank digital currency. I usually open up all the links so that everyone can see what the article was actually talking about. All three of those websites or those links have been completely taken down. I don’t think it’s a coincidence because it’s a little bit too randomized especially when they were all talking about completely different reports. But I definitely open them up one by one I thought something was wrong with my computer my internet. My stable connection and lo and behold nope they were all three different Web sites and everything was loaded completely properly. So the other news that we got about this recently as well. As Ali pay patterns reveal more details about China’s forthcoming central bank digital currency. It is widely believed that we Che We Che we chat and Ali pay will be major. Or friends major heads of this entire digitization operation within those borders already anything you write on. We chat or any type of we chat social media platform. The government is already informed about everything you do pretty much goes to these apps you can book doctors appointment dentist appointment you can book cabs. You can buy food you can talk to friends you can do everything just on these one app same exact thing with Ali pay. All the money flows remain two different maybe three systems within that country all the information is shared with a government so the speculation that we had before was that these two we chat and Ali pay would be major leaders and the actual. Helping of the digitization of that country and apparently it appears to be completely true because the news that we’ve been having is that apparently. Ali pay. Has been putting out tons of patents. That will allow for the ease of this transition through their platforms so. Many news of this not happening is I mean. Just read the news look at what’s actually happening around the world this is a. We are experiencing a moment where power grabs are going to be in credibly easy. And to think that one of the largest power grabbers would not try to make sure that they have a complete choke hold. On this entire situation when all the dust has settled and is cleared. Think again. So I think the news that we had before was that this was supposed to launch some time. In summer I remember the exact timeframe I remember a lot of this was happening. It was supposed to happen before Libra launched and Libra was originally expected to launch in June and I think now the world governments have made them push that back to October but apparently in June we will still see the launch of the stable coins from Libra. On their platform so it is the end of March April May. So within the next two and a half months I would assume that we would see this before any other. Entity even decided to try to think about digitizing their currency. Anyway. That’s the that’s news for today. It’s incredibly obvious and don’t think that a country near you. Or the country that you’re in isn’t going to try and do the exact same thing. Right. And let’s move on. Shockingly enough tying directly into the exact same thing. The International Organization of Securities Commissions. Or IRS Coco IFCO. Thinks global stable coin initiatives. Might be subject to security laws according to a new report. Wow that’s really weird right. How you know the global authority on securities might think that other things are. Securities almost like they’re trying to. Get control of them before they become too popular. No that couldn’t be it published on Monday. The 31 page examination of regulatory issues around stable coins crypto currencies with prices pegged to a low volatility asset reserve. Stressed that jurisdiction and regulation ultimately depend on projects specifics. I O S C O. Looked at a hypothetical stable coin managed by a company’s governance board. Backed by a basket of goat global reserve currencies and settled on its own private block chain. It could only be issued to authorize participants that buy and sell the stable coin and could be passed between users digital wallets. The report did not mention any specific stable coins. But this sounds exactly like Libra. I. Wish I could be a fly on the wall in these meetings to understand exactly what fears they have because this what they mention as part of what the problem is is exactly what happens now in the current global financial markets. It’s a bunch of people. Who hold governance over exactly what’s happening by something that’s being launched but the only issue is that usually what’s being launched especially with the fiat currency that we have right now is that they’re not actually backed by anything by a basket of nothing is by a basket of air and by a basket of them telling you that it has value. The private block chain is probably where the problem comes in because if it’s private and no one else has access to it as you may have remembered before never ever forget. Remember a couple of years ago about a good one two three and a half years ago where there was a situation where I remember who it was they were trying to get access into a couple of iPhones and they were so encrypted that that government couldn’t do it and they told Apple openness. Open it right now. And Apple said no. We actually can’t do that. And they went on a rampage trying to get Apple to do it badly. The issue was is that if you do it for one country. Then you have to do it for all of them. Someone could simply say oh gosh there is a problem we need you to unlock that. And then they have the. Keys to the kingdom as it were. So what happens when you don’t have the Kings the keys to the kingdom. You don’t really hold a lot of power or as much power as you thought you had before which is a big issue and governments don’t like that. So. The the the idea being now is that. Of course. Randomly the things that are and could potentially in the future be pegged to things that we currently have i.e.. Digitized U.S. dollars and I’ll even simplify it for you and to simply say tether. What happens when a company controls tether and not the government. What happens if the crypto currency space. I mean really takes off. And the end and the people’s coin of choice. When it comes to swapping back and forth between that currency. Ends up being tether. And not the actual U.S. dollar. Sounds like a problem from it’s hypothetical hypothetical hypothetical analysis I. Oh o. Found such a scheme may fall under securities regulations purview. Because a stable coin may be used for payments an activity that could potentially amount to regulated payment and banking activities or even regulated payment systems. Report Says. If adopted at a large scale. It could become systemically important. I E if other people start using it more than what. You have to understand. The way that the world is built this is all according to plan. This is nothing haphazard and I don’t mean that as like tin foil hat thing everything that we have now was already planned about 50 years ago. The power moves the power struggles the power so and so everything is made sure that things are kept the same exact way that they are and they’re ready. I’m sure tons of plans to keep things out of the way they are they keep the same exact people who were in power are in power in power. Like I mentioned before in other videos. For those of you who don’t know there are many countries especially the ones who are actually under sanctions by. AI by big country you are told this is how it works. If you are to sell anything from your country if you are to move any items and move any goods if you are to sell petrol it has to be through the US dollar. This strengthens the use of the US dollar it increases the liquidity increases the amount of countries around world who are under the foothold of the US dollar. You have to understand that this was all done immediately after World War 2 as an initiative to make sure that all these other countries while everyone else is struggling and trying to rebuild that you. Internally have your foot on their neck and this is why we’ve seen a whole bunch of other countries talking about that they’re going to launch their own central bank digital currencies. Because they’re trying to get away from that. This is why we’ve also seen a couple of other countries seem interested in bitcoin specifically because how do you get around someone that’s been telling you since the 1940’s if not the beginning of the 1950s that you have to do exactly what we want to use another system and that is a very big no no. So a lot of this stuff has once again been put in place for the last. It’s been like 70 years that’s absolutely insane has been made to keep those who were in power in power the faces on the chair may change. But the idea is always the same pushed down everybody else so that we are higher up. That’s just how politics go. Like I said not a tinfoil hat thing that’s just how. Power is kept. If you are a king and you have a kingdom and you see someone else building homes and that looks like a little mini castle where you go OK you go shake their hand find out exactly what they’re doing then the very next day you knock over anything that they’re trying to build. You are still the king your kids are still princes and princesses. And then one day they become kings and queens and you tell them. The next time that someone does what that other person did you knock them down as well. So. On that point. I feel like and I have seen over the course of the last couple of years a lot of the e initiatives that we’ve seen to either. Digitize the world economy or even just people. The shift towards a crypto currency decentralized centric world I think has caught a lot of world leaders by surprise. Why. Because things were setup for the last say with me 50 60 to 70 years to make sure that the power is maintained. And when someone creates something 11 years ago. At around 5 6 years ago starts to become kind of popular then a whole bunch of other clones start popping up and people start creating things especially a social media platform Facebook that decides to create their own currency and then people slowly realize or rapidly realize. They have more people on their platform than we do in the entire banking system currently right now. That is a problem. I once assumed no no no still assumption. There are a couple of stable coins and I’m sure are going to be around for a while. Because a lot of them. Have. Seemingly. Ties. One might say with world banks and or governments I’m sure I’m sure there’s a lot of funding and stuff going on behind the scenes but a lot of the other ones that we know I don’t want to say that we know and love that we’ve known have seen around are going to completely disappear. Give it give it to I give it two years. We’re gonna start seeing them coming down on anything the same exact way. Telegram. Ton. This one any whatever you know exactly what I’m talking about all these other projects because they pose a threat in some sort of way the same exact thing where we saw the news from last year. I’m running out of breath of the people talking about the China central bank digital currency and how the U.S. had to make theirs before China created one why once again. Because it’s the ease of movement you may not know this and it’s a really annoying point because so many people don’t really pay attention to a lot of these things going. What’s that. That that app name. Tick tock. The one that all the people are using and they recorded themselves with these crazy 30 second do whatever people are doing. A lot of the assets are big that become really popular around the world. Can you guess which country they’re from. Can you can you guess who’s making them in a lot of people don’t know this now that this is the really really weird part. A lot of these things end up having hundreds of millions of users. Remember those apps said last year that everyone was like yeah I’m going to lick it and I’m going to show my face and oh my gosh it shows me old you know who made those young to old apps and now have. Videos and pictures of you young and old. Ha. And that’s not. You can Google it right now. Take out your phone take out your tablet. I’m not even half joking like these aren’t conspiracy theories like these are we know who owns these actual things because we can trace back to companies to see who actually has it. Especially as they’re doing upgrades. The point is all of this is. It’s all connected. It’s all it’s all collected on. On your behalf and a large part of the issue is is that. If you’re using these apps then they also become popular and they also become really cool. All it takes is for Ali pay very simple. Or we chat because they all have thousands of subsidiaries. You create a new app to create a new something that becomes really really big and you have the option within that app to actually use a new coin to be able to send it back and forth to your friends is really cool It’s really fun. You can take a photo and if your friend decides I really like this they’ll give you five cents for it. The only catches you’re just using the Chinese currency but that’s not a problem because it’s super easy fun to use. This is this is the the the issue not so much an issue for. US but it’s more like a.. This is how you lose power very rapidly and you know those S curves that we see as far as like the adoption of new technology when it comes to the. Digitization of all these things that’s going to happen. Very very quick. It’s happening a lot quicker than ISO nine so we had a good five to 10 years left but current events say otherwise especially when. Power grabs are happening. The entire point is they have come to the conclusion that anything that could be stable. Or linked to something else could be seen as a. Securities violation. Perfect timing as well because you know I’m. Not like I didn’t see all of this coming in the first place. I’m just surprised and I was like a global international organization. I guess Facebook had no choice but to bend the knee. I assume something behind the scenes they are deaf. They’re. Definitely desperately trying to find another way around this but. Yeah. Everything. That they can regulate they will regulate. To a certain extent. And this is why once again boys and girls it’s important to be in. Decentralized systems because. Those are a little bit harder to control. And the name of the game right now is. Let’s move on. Next up Square’s chief financial officer said during an investor call on Tuesday. That it has seen a recent uptick in bitcoin engagement via its cash app. Even amid the market turmoil. Adoption. And engagement of fractional equity investing in bitcoin has accelerated in recent weeks. Given recent market interest and volatility. Square previously reported. More than one hundred and seventy eight million dollars in bitcoin purchases volumes in the fourth quarter. 2019 as a whole. The payments firm registered more than five hundred and sixteen million dollars worth of bitcoin sales. Translating to around 8 million dollars in gross profits. Less than 2 percent of gross profit from subscription that I’ll buy about from subscription and transaction based services. The ability to purchase bitcoin. Is one of the features who cares during the call Jack Dorsey. Remarked that we’re seeing strong engagement and volume for bitcoin and said that bitcoin and equity investing have seen strong volumes in adoption and giving the buying opportunity that some of our customers perceive in the. Market. There’s a lot of people who are extremely bullish on bitcoin right now regardless of where the price might be or where the price might seemingly be going. I still believe. We are probably. On the road to another downward movement. How ever the long term upward prospects of all of this is insane. Do you know what I. I don’t know if it’s just time. I don’t know how exactly it hit me. I imagine. So. One of the podcasts I was listening to and I guess it makes a lot of sense when I did this is why I said I guess it takes a while for things to hit me I’m a little. Moral late. Imagine. A world. Where the current purr and not nada. We’re not talking about a twenty thousand dollar Bitcoin energy hype. Imagine the current sentiment right now within the cryptocurrency market of people who are. Buying bitcoin. Imagine if that stays exactly where it is a flat line just same exact way. To around the end of this year. Same exact people buying as you have been buying crypto. As my friends have been buying crypto as I have been buying crypto imagine that same exact line continues. Now imagine a situation where the amount of bitcoin that is being created gets cut in half. And we have that same exact trend line. Do you think that bitcoins price goes up. Or down based on the factors that I just told you. Everyone likes the same exact thing. Bitcoin’s price. Everyone wants to buy. Bitcoin. The amount of bitcoin being created gets cut in half. But the demand remains the same. Logically bitcoin’s price goes up. Now imagine if bitcoin’s price goes up. It’s just it’s just. We’re so close. We’re so gosh darn close and I. Am. Probably. Am I more excited than I should be. No I think I’m fine. We are gearing up for something very big. The amount of interest and the demand for buying Bitcoin across the entirety of the market is very high. Even in many South American countries right now where banks are actually closed because of. Current world events. The bitcoins interest are people buying bitcoin on local bitcoins has seen a major uptick. This is not just happening in those countries is happening all around the world. Just imagine if you and your friends are buying especially. If you’re able to buy big amounts during the course of a week and or month. And you have an asset there’s maybe only around 6 million of it floating around imagine how much that interest is going to spike even more of the Bitcoin price will spike even more when the demand is still there. This isn’t this isn’t even new people getting into the market it’s just us. But imagine the supply is cut in half. What then takes place. So. Amid. All of this. Downturn downplay prices going down. We’re still seeing a very healthy amount of people who are. Actively buying. I have not stopped buying. I will probably not stop buying. We’re a very very long time. Even if prices go down. But what we’re seeing is that. Even when prices go down. People still buy a bit more and then when prices go up people are also still buying a bit more because they are afraid of the prices. Passing them by anyway. That’s a square news for today. Very exciting times ahead at least in my mind. Let’s move on. Next up. Who OBE has implemented a circuit breaker. On its futures trading platform known as who will be. D.M.. Who will be d m the futures trading division of the global exchange will implement a partial liquidation mechanism to prevent a full liquidation in the event of a rapid market swing and liquidations. Will be halted through a circuit breaker function. Which will be activated when it detects large or rapid price movements. Ciara Sun vice president president vice president of global business at who will be group said in the announcement. We believe our new liquidation feature will have far reaching. Consequences for the wider crypto community by helping minimize sudden price movements caused by AB normal liquidation events calls for circuit breaker sound the last week as equities and crypto markets fell precipitously. Big word with the current world events crypto currency exchanges lacked the circuit breakers in place as the traditional exchanges. Multiple 7 percent drops on the New York Stock Exchange triggered a 15 minute circuit breakers some crypto market observers. Identified the benefits of circuit breakers on crypto exchanges in times of panic selling. Having crypto exchanges prevent traders from moving in and out of positions during any market condition. Is however dangerous circuit breakers wouldn’t insert a further layer of trust. In the trader exchange relationship in a period when the future of centralized exchanges is being heavily D baited. The problem is. Is that the crypto currency market is meant to be on manipulated. While manipulation might happen when you see a situation now. Think of it this way. It works both ways. Imagine if. A Crypto let’s say Bitcoin. Is at some point. Eight thousand dollars in the Bitcoin. We. We look back at the screen is that six thousand. Turn our heads look back again it’s at four thousand. Look back again is around two thousand five hundred who were like oh crap Bitcoin is crashing. If you have a circuit breaker you can turn the network off you can turn the system off you can unplug the exchange and go well we’ll just wait a bit. Well we’re way to things cool off. You turn it back on prices though dip a bit but then the price starts going back up. This is in itself. A form of manipulation because you are manipulating the prices you’re manipulating your exchange or you’re telling other people on your platform. We have control of your money. You can’t sell when you want to sell because the market got a bit too hot. It is seems a bit weird how everything was dropping too quickly so we just we just had to unplug it. But it also works the exact other way. While you may think that this is a benefit of people being able to stop falling prices imagine what happens for a cryptocurrency exchanges if there’s a coin that they don’t like or that other people don’t like. That starts going up in price as well. And the price starts going up so quick that it liquidates a whole bunch of shorts whole bunch of people who are betting against it. Everything gets wiped down all of a sudden the exchange goes off line for 30 minutes. Oh yeah we saw the price went up by one hundred and thirty eight percent. We thought there was an anomaly. So we shut it off. Centralized exchanges are coming. Into their own. And they’re rapidly becoming their own little banks and their own little stock exchanges and a lot of the prospects remember I mentioned in 2013 and people. I people told me I was wrong but I felt like a negative flow in the air. We’re seeing the new banks forming we’re seeing the new financial system forming with a lot of these centralized exchanges that we have right now. And. When they call and scream. For a better world of decentralization but they implement things like this it shows that they don’t really care about decentralization it’s more like a.. No it’s just they they. They wanted the power but it’s under the the premise that everyone will have a. Everyone will be a little bit better off when they have the power as opposed to the world governments. And this is also the issue with Coinbase and a bunch of other people having banking charters and then being able to tell you how much you can and can’t take out of the exchange at one time. And also look forward in the future as well because as more money ends up getting into bitcoin. Expect more. Safety nets like this to end up happening and we will probably be seeing a lot of other unplugging over the next year or two if we end up getting to a situation which I think is going to happen where bitcoin will end up going from its current price. Over the course of the next I’ll say 18 months. Sure why not random number and bitcoin goes up to one hundred thousand. We’re gonna have a lot of panic sellers we have panic sellers. Now. So imagine if Bitcoin looks like it’s getting a bit too hot it’s nearing a hundred thousand. And then it starts falling. Of course is going to happen because this is what happens when markets get too hot we’re gonna start seeing a lot of cryptocurrency exchanges. Maybe coordinating. Or simply saying that the exact same time they all came up with the exact same idea to unplug to let things kind of cool off for a bit anyway. Decentralized exchanges I’m a bit disappointed that a lot of them haven’t. Not that they haven’t caught on. I know that there are some people have told me before in the comment section. But I want something as big as or at least half as big. As Coinbase and or by ounce I want like an actual legitimate place where people can go to where people don’t have issues don’t have problems. And can use it as an alternative because. They have very high liquidity that is also a very big thing I don’t want to go to a place that tons of people trust but Bitcoin’s liquidity on that Web site is like 38 million. That is also a very big no no. So. Years ago. A lot of people thought that we would have decentralized exchanges that would be. Very robust and very big because we need. Guards against things like like the the point of the cryptocurrency market is that it’s a 24 hour market that isn’t controlled by anyone they appointed a decentralized cryptocurrency exchange. That you can do. With your money as you please 24 hours a day you can put 35 Bitcoin onto that exchange and at the same exact time five minutes later you go Nope I don’t want that you take your thirty five Bitcoin off there isn’t a. An amount that you’re told by someone else so. We’ll see how this develops. I already know how it’s going to develop but that’s the. Who will be a circuit breaker news and look forward to many other crypto exchanges also. Initiating circuit breakers in the future as well. And to finish things off. On the 24th of March. Car Dano founder Charles Hoskinson streamed a YouTube video titled On Wikipedia in which he berated Wikipedia for applying arbitrary commercial censorship against car dunno. Censorship of cryptocurrency projects is as old as the industry itself. Back in 2010. Even Satoshi Nakamoto was frustrated with Wikipedia’s efforts for removing bitcoins wiki entry several times after PayPal several times with WikiLeaks. One of bitcoin supporters suggested that becoming the site’s new source for donations would generate enough publicity to gain entry into Wikipedia. Satoshi strongly opposed the WikiLeaks adoption of the crypto currency. But it was too late. He said no don’t bring it on. The project needs to grow gradually so the software can be strengthened along the way. I made this appeal to WikiLeaks not to use Bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more pocket change as the heat you would bring would likely destroy us at this stage. If you’ve never seen a lot of the things that Satoshi used to actually post. Online they’re very fascinating. He said he didn’t want it to grow as fast as it did. He really wanted it to take its time. He realized the power of what could have been or what it was going to be. But it was more like a lot of people who he trusted in the very beginning. Were only. Interested in the money. Like only they saw that it had a dollar value and they were like OK we can do this as so and so I think one of the last times we actually heard about or heard from the Toshi was one of the people who he. Trusted actually went. I think to the US government to the US Army and like told them about Bitcoin. And wanted to like have like the the the major players in the government like sit down at a desk and he would tell them about it was it was completely nonsensical. And this is what actually drove him away because he realized that. In the end people only cared about the the dollar amount or had nothing to do with with decentralization for them anyway. HOSKINSON stated. Or states. That he does not know the rationale behind Wikipedia’s hostility towards his project. Despite being one of the most cited. Of all peer reviewed coins. He said We don’t know. Why there’s hostility when coins like spank chain can have an article on Wikipedia. A lot of other crypto currencies and top 15 top 20 apparently have articles and that’s perfectly fine but then we’re not allowed to have an article for some reason even though we’re not mentioned. We’ve been mentioned by the U.S. Congress. Apparently many other projects do have. Articles. Even even be cash has one. Who knows what’s going on. I don’t really understand a lot of the I think is just frustration. Wikipedia itself is a great place to. Get information but a lot of times it is really garbage. Anything that doesn’t seem proper to Wikipedia. They simply take it off themselves or have other people who. If you’re if you’re able to do so you can pretty much take off anything that you want. On Wikipedia. So if the entire article for bitcoin is completely correct. Might it can go no I don’t believe it and they can kind of take it off themselves. Anyway yeah. This was also. Seemingly major news. I assume it’ll be fine. In situations like this and I I understand why you would want to be on Wikipedia. I guess maybe to have more reach for people to be able to figure out more about your project. I feel like. You can just do that on your own website. Great. Like a tab as to exactly everything you were going to put in onto Wikipedia so that when people search for Cano they simply go directly to your site and also once again. If your project is strong enough and robust enough and cool and fast and awesome and strong enough to really stand out you don’t need a Wikipedia article. If if Cano is really. That good. And is going to be able to blow people away. I’m pretty sure it would still be able to do so without people having to. Type in Kano Ada wiki and then enter. Anyway. Yeah. This was this was apparently a really big thing a lot of people were. Heated furious mad angry upset. They. Had issues. They were peeved. About this going on. I’m sure it’ll be fine Mr. Hoskinson. I don’t know this man but. I feel like just paying more attention to. Our down about this point is probably more. Makes a bit more sense especially if we’re in a situation where crypto prices are going down. And we are potentially on the way to an upswing. I feel like worrying about your your your your coin being able to do a million transactions per second so you can boast about that. When prices go up is a bit more. Important. Yeah. As always. What the hell happened to my hand. Oh my gosh. Yeah. Have those situations where like you lay on the pillow and like you wake up and I could look your face in the pillow like it looks kind of crazy. Thinking it looks like I was. Stabbed by a pen or something when I come from as always. Looks crazy. Very special thank you to my patriotic supporters. Professor Wally from Gundagai university Yasha. Hot out of me man. Moon. No wrong that’s completely wrong. Moon Man to man moon moon man. Hi SRP. Joshua vineyard. Martin Shaw. Josh gorse God no knows. Tango No no song go No no Mr. Pickles John starts in the animal reader a biblical phobia bare bones mining Todd Mullis Adam Grace sic Mohammed Roni M. ventures in Thailand Brady Neil Jared Snyder wise night owl to forward to to the world crypt dojo bank road network a double M. Louisa crypto artist Cody 3D. Nicholas one Earth one peace one love Richie Rich a third. Nick Kenai is set soon a Damien Vlad the Impaler crip no shipmate Praxis command yellow body Antony Charles Jim Garner. Jeremy Fox minting coins caskets leg day and Miller hits that chest everyday. Yes to crypto Bodie comic book face anytime fitness Monk’s Corner staff our medic 17. Make me a cake. Tigger a match on Nessa on crypto with a Lino. Crayola Michelle. You are L. And hold on I have to sneeze. Thank you all very much. Very very much. Very very much. Here we go for your support and thank you to everyone. Who is a member of the channel. Your love and gratitude and awesomeness is. Very much appreciated. At the moment. The markets in red but like a tiny red. Bitcoins down by two point seventy six. Ether is currently down by three point one 3. Everything else is roughly around a good. One to two percent in the top 10. That’s a stable coin. That’s why it’s up. Monaro is up by almost 4 percent for. Sure. Everything’s reddish except for a lot of the stable coins. This could be in anticipation of the opening of. The. HIVE. Token. It’s up. Not a lot Boehm the 24 hour volume. Only fifty three thousand Oh that’s. The the crypto currency industry has a lot more maturing to do. If you’re able to get into the top 50 the top forty five on fifty three thousand dollars worth of. Trading volume is worrying. This could be an anticipation of. The opening of the traditional stock markets to see exactly what’s going to happen with the prices we’ve had a lot of fluctuations in. Traditional money space. Prices go up one day because people are optimistic about something and then lo and behold the optimism fades quite quickly especially with the prospects and news that we’ve been getting. That’s the why do you call it. Not only is the world into recession. But that this recession will continue for another. Couple of months. We’ll see what happens. I think it’s all going to be very fascinating either way. It’s it’s it’s it’s a time unlike any other. And while it may be a bit crazy and out there I do. Appreciate it if that’s a word I want to use that we’re able to. Be a part of history. There is that silver lining. I hope you all enjoyed. Hope you all are having a great day. A great morning a great afternoon a great evening wherever you are wherever you might be. I do hope. That it’s absolutely fantastic. Thank you all. Every single one of you once again for watching and or listening. Now I will most certainly. Be Talking. To you all. Soon. See you.
source https://www.cryptosharks.net/power-grab-stablecoin-cardano-ada-banned/?utm_source=rss&utm_medium=rss&utm_campaign=the-ultimate-power-grab-stablecoin-securities-bitcoin-growth-cardano-ada-is-banned
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What Are False-Flag Ops, and Why?
False flag operations are covert operations conducted by governments, corporations, or other organizations, which are designed to deceive the public in such a way that the operations appear as if they are being carried out by someone else. The name is derived from the military concept of flying false colors; that is, flying the flag of a country other than one’s own.
The term comes from the days of wooden ships, when a ship would fly the flag of its enemy before attacking one of its own navy’s vessels, with the aim of creating a provocation to justify a false counterattack. Because the enemy’s flag was displayed it was called a “false flag” attack. Flash forward a couple of centuries. The term “false flag” has become a metaphor for any attack carried out clandestinely on one’s own forces and cloaked in the colors of an enemy in order to justify an unjustifiable “counter-attack,”–an intentional own goal, if you will.
People who denounce these events are frequently called “conspiracy theorists,” derided as being paranoid, fear mongers, and irrational, sometimes rightfully so. But when it comes to being suspicious of a potentially deceitful authority, that skepticism should be warranted; especially if there is a historical precedence. Often theories about government operations that sound the most heinous or absurd are those where the most scrutiny should be applied. (Source: Gaia.com.)
In this article we’re going to discuss two kinds of false-flag operations, those that have been confirmed and acknowledged later by their authors and those which show all the symptoms of false flags but whose authorship is still in doubt. The former will serve to establish the veracity of the phenomenon. The latter are more interesting.
Who Does It? A Prime Example
Due to the clandestine nature of their work, we can’t really produce a definitive list of the false flaggers in the world, past and present. But, given the opacity, low cost and terrifying efficiency of basic false-flag jobs, it’s safe to assume there are many.
Here we’re going to confine ourselves to those carried out by our very own British and American “intelligence” services, MI6 and the CIA. We can trace their modus operandi from the end of World War II and follow it down to our own days.
As the war was ending in 1945 Churchill’s secret service, foreseeing possible future dangers, created secret arms caches and clandestine military organizations–so-called “stay-behind units”–all over Europe against the possibility of a Russian military takeover attempt. These groups included all sorts of anti-communists, including recently-recycled high-ranking Nazis. The CIA got involved early on, first with financing, then eventually spearheading the project. On 27 January 1949 Sir Stewart Menzies, head of MI6, set out the grand strategy in a top secret and personal letter to Paul-Henri Spaak, the Belgian Socialist Prime Minister who was later to become secretary-general of Nato. It was the North Atlantic Treaty Organization that assumed command of the stay-behind movement and its derivatives.
This sounds like a boring story of corporate restructuring until we consider the unspeakable atrocities carried out over the following four decades in the name of “anti-communism” during Operation Gladio, as the NATO-run terrorist enterprise came to be known. What was the rationale for all this mayhem in the middle of the world’s most civilized continent? The thinking went that blaming all the senseless bloodshed on left-wing extremists would convince European citizens to reject Communist election candidates, who had gained credibility for their role in the fight against Nazism. This was particularly the case in Italy and Greece. It sounds ridiculous, but there you have it. As we shall see, the same twisted ideology could have been at work 30 years later in the United States.
Operation Gladio
Operation Gladio was one of the most egregious terror campaigns of the 20th century. Though it was massively important for its extension all across Europe, for its long lifetime, its heinous tolls in human life and its authorship under the umbrella of NATO, the operation was virtually buried in international news coverage, especially in the United States. For example, did you ever hear of it?
Among Gladio’s most notorious operations was the Bologna Massacre, the suitcase bombing of the Bologna train station in summer of 1980 which resulted in 80 dead and some 200 wounded. Vicious, seemingly senseless assassinations were also carried out in other countries, notably in the Brabant province of Belgium between 1982 and 1985 where 28 men, women and children were murdered at random. The attacks included senseless gun killings in supermarkets, whose victims on one occasion were a whole family of five.
The Gladio terrorist attacks remained inexplicable mysteries and rumors for years, until 1990, when Italian president Giulio Andreotti revealed the existence and structure of the Gladio group, which included right-wing terrorists of all stripes, as well as elements from the Italian–and other European countries’–armed forces. At the head of the operation, according to Andreotti, were NATO and the CIA. Andreotti’s declarations were confirmed by an Italian judge and the former head of Italian counterintelligence.
Why wasn’t this seemingly earth-shaking news–NATO, the world’s most important international military security organization organizing terrorist attacks against civilian European objectives–lavishly disseminated by news organizations around the world? Not only was it not disseminated; it was hushed up. Power has its ways and means.
What’s Going on Here?
Inevitably, the question arises: What possible reason can there be for such horrendous and apparently random violence, perpetrated under the auspices of NATO and the American and British clandestine services? It is the Italian terrorist, Vincenzo Vinciguerra, author of some of Gladio’s most sanguinary actions, who gives us the most convincing answer from his prison cell:
When you were on the Right you were not supposed to attack the State or its representatives. You were supposed to attack civilians, women, children, innocent people from outside the political arena. For one simple reason: To force the Italian public to turn to the State, turn to the regime and ask for greater security. This was precisely the role of the right in Italy. It placed itself at the service of the State which created a strategy aptly called the ‘Strategy of Tension’ insofar as they had to get ordinary people to accept that at any moment over a period of 30 years, from 1960 to the mid-eighties a State of emergency could be declared. So, people would willingly trade part of their freedom for the security of being able to walk the streets, go on trains or enter a bank. This is the political logic behind all the bombings. They remain unpunished because the state cannot condemn itself. Source: Gladio Timelines
(In April of 2018 I posted a four-part article on Operation Gladio, which you can find here.)
A False Flag on the High Seas
Another on-the-record false-flag operation was The Gulf of Tonkin Incident, in 1964, a major turning point in United States military involvement in Vietnam. As a result of President Lyndon Johnson’s false announcement to the nation of August 4, 1964, that the USS Maddox had come under attack by Vietnamese torpedo ships. This seemingly insignificant lie gave rise to the Tonkin Gulf Resolution, which laid the foundations for 11 more years of war, thousands of American dead and maimed—and millions of Vietnamese. The familiar pretext of the communist threat was used once again, this time to justify a despicable unprovoked war on a little sovereign country in far-off Southeast Asia. (Source: Ohio History Central.org)
The Chilean Coup, 1973
Veteran investigative reporter, Seymour Hersh’s 1983 book, The Price of Power, Henry Kissinger in the Nixon White House, illuminates the role played by the American government in surreptitiously sponsoring the military coup that deposed Chile’s democratically-elected president, Salvador Allende, on September 11, 1973, and gave way to a sanguinary military dictatorship that lasted 26 years. It was a classic false-flag operation. From the announcement of Allende’s electoral victory, the Nixon-Kissinger White House felt the imperious necessity to get rid of Allende. (He was to die on the first day of the coup in the takiing of the Palacio de la Moneda. It’s not clear if he was shot by the golpistas or shot himself.) Even before his first legislature convened the CIA was busily distributing arms, money and promises to right-wing elements both inside and outside the Chilean military. All of this activity meticulously adhered to the gringos’ “plausible deniability” procedures. After the coup was over and the military dictatorship installed the Americans solemnly declared that they had nothing to do with it.
How to Spot Them
The catalyst is typically a spectacular event, which is followed by immediate media saturation. Of course this is the nature of news, but there are a few warning signs of a plotted false flag. If the major news outlets are all in sync, reporting on the event without thoroughly vetting the information then there is cause for concern.
Within a relatively short period of time a scapegoat will be named, establishing an enemy with no trial nor investigation into other possibilities. The case will be closed, government action will ensue, and someone will reap a profit.
Be suspicious of any invasion, bombing, or “terrorist attack,” especially if it seems counterproductive for the country or entity that supposedly launched it. In all likelihood it was launched by someone else.
Is the attack used as justification for a fraudulent “counter-attack?” This is usually the case.
Place the attack in the context of the known agendas of different countries or entities. Ask yourself who has something to gain from this attack, even if it’s only to discredit an enemy.
If the false-flag attack is blatantly obvious–to the point or ridiculous–from the point of view of an impartial outside onlooker, it can still be useful to a government wanting to influence its own population, either to frighten them or otherwise prepare them psychologically for the “counter-attack.” People tend to believe what the want to believe or are told to believe, not what they see.
These scenarios work best when the stakes are high. The greater the shock value, the less likely people are to question the authenticity of the event. If someone dares to question the mainstream’s version, they’re labeled crazy, insensitive or unpatriotic. Skeptics are denounced as conspiracy theorists who are disloyal to their country in a time of attack.
September 11, 2001 Attacks — Was 9/11 a False Flag?
Here’s a quick summary of the 9/11 attacks from The Conspiracy Project.org:
First off, for those of you entering the rabbit hole for the first time, a false flag operation is defined as: “A horrific, staged event – blamed on a political enemy and used as a pretext to start a war or enact Draconian laws in the name of National security.”
Were the September 11 attacks a False Flag Operation? Would governments really do this? The short answer is, yes. They do it all the time. So were the September 11 attacks a false flag operation?
Part one of the false flag definition: Did Americans rally against the enemy that the government said attacked us? We sure did. Everyone wanted the head of Saddam Hussein on a stick. Thousands died trying to find the “weapons of mass destruction” Bush and Cheney swore were in Iraq. Of course, there were no weapons. And it turns out Iraq had nothing to do with the attacks.
Part two: Did Americans willingly give up some of their freedoms for a little security? Sure did. Even though the Patriot Act was started before 9/11, it was continued by Bush and Obama under the banner of “National Security.”
The now infamous NSA wiretapping of every single American (completely against the Constitution) was welcomed by many citizens as, again, necessary for our protection.
President Obama decreed it okee dokee to assassinate Americans who are suspected of a crime. And Americans can now be detained indefinitely without a trial.
Where is the outrage!? The Constitution – the law of the land – is no more!
Where is the evidence of a false flag op? Well, most of it has been covered up. Or at least they’ve tried to. For a great in-depth listing of all the evidence of a coverup check out the Architects and Engineers for 9/11 Truth website. 2,000 architects and engineers say the government explanation for the buildings collapse was impossible.
But whether or not the attacks prove out to be an inside job, the results are very clear.
We’ve been “false flagged” once again.
What Are We Entitled To?
Are we entitled to affirm that 9/11 was an inside job or that President Kennedy was murdered by a cabal of agencies from within his own country? Of course not. But we are entitled to doubt, and to keep on digging. Yes, there are conspiracy theories. But there are also conspiracies.
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False Flags–Whodunnit? What Are False-Flag Ops, and Why? False flag operations are covert operations conducted by governments, corporations, or other organizations, which are designed to deceive the public in such a way that the operations appear as if they are being carried out by someone else.
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Jan. 17, 2018: Columns
Perusing old phone directories...
By KEN WELBORN
Record Publisher
It has been said many times that it doesn't take much to amuse me.
This is most often said by the random person here and there who visits the offices of The Record and Thursday Printing and think that what passes for "decoration" here is less than the most wonderful exhibit of history, oddities and memorabilia they have ever seen. This is, of course, after I have tried my best to get them into my "web" of stories and amazingly detailed information on most anything in the place--and failed.
To that end, one of my personal favorite pastimes after I have been working on bookkeeping for what seems like forever, is to take a break and dust things off a little or move pieces around to get something up off the floor, making room for the fact that something "new/old" is going to come in every so often. During those fits of reorganization, I sometimes run across something I haven't paid any attention to lately or have even forgotten I have. This past weekend, that item was a series of Central Telephone Company phone books running from 1950 to about 1970. Most, if not all, of these phone books were given to me my friends Walter and Mary McSwain of North Wilkesboro.
In looking through a couple of the Central Telephone books, 1950 and 1954 to be exact, it is clear that the phone company had figured out that the same business that was willing to pay them a couple of dollars a month for a telephone, would also be willing to pay a lot more for an advertisement in the phone book. Some of those ads were quite interesting and, of course, it was interesting to note how many of the businesses are long gone by now.
The catch lines and slogans were fascinating to say the least. One I have heard fairly often seemed to date way back at least to the 50's. In an ad for Fletcher Motor Company of North Wilkesboro it proudly states, "Where used car prices are born, not raised." Another old stand-by was in the ad for Busic's Cabs, after listing their three locations, their closing line appears, "If we please you, tell others, if we don't, tell us." An early import car dealer in Wilkes was Pennell Motor Company of Wilkesboro, selling the French-made Renault, with the engine in the rear and touting its 45 miles to the gallon rating--in 1950, when gas was probably 15 cents a gallon. They promoted the Renault as "The lowest priced 4-door sedan in America."
The McNeil family's Coca-Cola Bottling Company on the corner of 10th and C Streets in North Wilkesboro always advertised in every venue possible. The parent Coca-Cola Company in Atlanta was always coming out with a new slogan or catch line. In the local bottler's 1950 ad it read, "Coca-Cola--the Global High Sign." By the 1954 edition, it was "Time Out for a Coke."
One West Jefferson company advertised International Harvester refrigerators and home freezers. Yes, International Harvester, and, being way ahead of their time, referred to their products as "femineerd." Speaking of International Harvester, I always think of Clyde Cothren's City Sales Company which was for years located across from the old YMCA in Wilkesboro. I can still remember the big trucks sitting around that old yellow building as I would ride my trusty Schwinn bicycle to the YMCA to go swimming in the late 50s. However, in the old phone books appear ads for Willis cars, trucks, and Jeeps. Yet another City Sales ad was for the Nash Airflyte automobile--and from it came a slogan that must not have panned out too well, "Nash, the World's Most Modern Cars!!"
It is now time to wind up for the day, so I will leave you with the all-time best slogan I have ever seen, heard, read, or otherwise been made aware of. Now, remember, Dizzy Dean always said "It ain't bragging if it's the truth," so here goes. I must leave the phone book venue for this one and go back to an old Blum's Almanac from the late 20's which is here in the office somewhere among the treasures. In this old Blum's Bible for Farmers, a man was advertising that he had fence posts for sale. Not just any kind of fence posts, mind you, but Locust fence posts. And, as Millers Creek's own resident lumberman Roy Triplett will tell you, Locust is special stuff.
The ad in question ended up with this quote, or slogan if you will, "Our locust fence posts will outlast the hole."
I love it.
Listen first
By LAURA WELBORN
At Church this Sunday, Rev. Ann Dieterle reminded us of the movie "Field of Dreams" where the star hears the voice say: "Build it and they will come."
How often do we listen to the voices and clues around us?
I know that as hard as I try I still do not listen for the "voices or clues" as it is easier to go forward with my own plan and forge ahead.
St Benedict reminds us of the Monk's Rule: "Listen first before you speak, act or judge."
I have decided listening is one of the hardest things for me- really listening, paying attention to what is happening around me and then taking in the clues or signs of direction. I come to the conclusion that it is not the saying "build it and they will come," but that someone listened to a voice that did not make much sense at the time. It’s the act of faith to move forward with something we don't understand.
Richard Rohr in his daily meditation says, "God reveals God’s self to us through what unfolds as our life, along with every visible thing around us. These ordinary revelations must be respected and deeply listened to. Life itself is the primary divine revelation.
Maybe we start by asking better questions like who are we, what do we live for, what is worth the pain, what do you never give up on, what do you look forward to? These questions challenge us to live intentionally and focus on what is important to us. But to go one step further and listen to the voices and clues we are given in life is to ask ourselves about the ransom life situations that are causing us stress and heartache- “What else could this mean?”
· What is the story I’m telling myself about this situation?
· Can I be absolutely certain the story is true?
· How do I feel and behave when I tell myself the story?
· If I stopped telling myself the story once and for all, what else might I see, hear, or experience?
While I would love to have an honest to goodness voice tell me to build it and they will come, I realize my voices maybe already there if I will simply ask the questions to myself first and then listen to my own answers.
Time to Balance the Books
By EARL COX
U.S. President Donald Trump recently tweeted a clear, long overdue message to Mahmoud Abbas; in effect: you can’t have it both ways.
Offended by Trump’s December speech, which clearly left Jerusalem’s final boundaries to be negotiated by both sides, Abbas overreacted with trademark false accusations, and a huffy rebuttal of the U.S. role as peace broker.
Like the proverbial farmer sawing off a tree limb but forgetting he’s sitting on it, Abbas overlooked the billions in U.S. aid funneled to the PA since the mid-’90s, which last year alone totaled more than $730 million in all sectors—economic and humanitarian, security and justice, and UNRWA. Abbas’s tantrum backfired. It’s payback time.
Trump recently tweeted: “We pay the Palestinians hundreds of millions of dollars a year and get no appreciation or respect. They don’t even want to negotiate a long overdue peace treaty with Israel. So why should we make any of these massive future payments to them?”
It’s about time America balanced these books.
The PA has long misappropriated U.S. and European aid to support jailed terrorists and their families at more than half its annual budget—$300 million annually, and more than $1 billion in the last four years. Convicted terrorists even got a 13 percent raise last year (their families gained 4 percent), according to Palestinian Media Watch. Though safeguards have attached to U.S. aid, some observers cite that evidence indicates that the attempted controls did not significantly alter this practice, according to Jim Zanotti, for the Congressional Research Service.
But that’s not all. PA leaders also siphon off foreign assistance for personal enrichment for themselves, family members and cronies at the expense of the Palestinian people.
The intent of development assistance is to “help the Palestinians build the physical and social infrastructure to enable the emergence of a sustainable, prosperous society. But few seriously questioned how much money is sent and how it is used,” Deputy Foreign Minister Tsipi Hotovely told The Wall Street Journal.
Aid from Europe has also been misappropriated. The Times of London quoted an EU report on the “loss” of development assistance due to “bribes and misuse of aid” amounting to €2 billion ($2,405,421,820) to the West Bank and Gaza Strip from 2008 to 2012.
The Palestinian Authority’s abject trail of corruption began upon its inception in 1994, as money and aid for the Palestinian people were funneled to the Fatah budget, said Sawsan Ramahi for Al-Monitor. “Money meant for the establishment of a state quickly turned into balances in Swiss bank accounts, personal projects in neighboring countries and partnerships.”
It surprised no one that the Panama Papers exposé of tax evasion and money laundering by international elites included leading Palestinian Authority figures, Adnan Abu Amer reported for Al Monitor. Just one example: Abbas’s son Tareq secretly owns, in partnership with the PA, a holding company in the British Virgin Islands worth more than $1 million. In addition to money laundering and tax evasion, there also has been theft of public money, bribes, transfer of government land to officials for private use and more, he said.
“The Panama Papers confirm that the PA is a nongovernmental entity,” Palestinian author Adel Samara said. Its model more closely resembles the infrastructure and clientelism of the Sicilian Mafia, which built its crime empire on illegal profits using bribes, extortion, threats, violence and murder—and perpetrated its ranks by recruiting young boys and turning them into “soldiers” who did the dirty work and were lowest and least paid on the food chain.
“Corruption in the PA … gives the Palestinian ruling elite a strategic tool to control the popular bases … maintain the status quo, dominate political and economic assets, and implement its political agenda without facing any effective opposition,” Amer said.
The Trump administration and the U.S. Congress—which recently passed the Taylor Force Act—are taking a good hard look at U.S. support for the PA and UNRWA. The president understands that perpetuating previous failed U.S. policies could be catastrophic, especially with Abbas at the helm.
Perhaps Trump should make him an offer he can’t refuse.
Sizzling on the Grill
By CARL WHITE
Life in the Carolinas
Upon arrival, Sylvia said, “this morning’s ice on the roads were the worst I have seen in my 50 years of driving a school bus”. I was setting at the counter waiting for breakfast to come off the grill when those words drifted through the air. I had seen a little ice on my drive to Alvin’s Dockery Grocery & Snack Bar in Traphill, NC and I knew that school had been delayed for a few hours, but I did not realize that the early drives had been so challenging. The thing that stuck in my head most was not the ice but rather the fact that someone had just announced that she had been driving a school bus for 50 years.
I ask Sylvia if her bus did much sliding on the ice, not really, she replied, I’ve been driving long enough to know what I am doing. Way to go Sylvia.
I try to visit Alvin’s place at least once a year, I enjoy the random conversations about life and a good country breakfast.
Ray was talking about the single digit cold weather and the cows that stand in the pasture, and for whatever reason, they do not huddle together for the benefit of combined body heat. This line of conversation opened the floor for other cold weather stories.
Another fellow shared a story about the cold weather causing iguanas to fall from trees in Florida. Some in the room thought that they were frozen to death, while others seem to think that maybe they were hibernating due to the cold weather. Iguanas like it above 45 degrees. And when they get colder things move much slower and they become frozen, and that’s why they were falling out of trees like ripe fruit. In most cases, active life will return to the iguana when warmer weather returns.
Another story about the effects of cold weather surfaced about Swamp Park, in southeastern North Carolina. The alligators found themselves living under a frozen lake. Before the lake is frozen over the alligators will stick their nose above the water line so they can breathe as the lake freezes over, and then they just wait for warmer weather.
Alvin stays busy at the grill preparing food but always finds time to share colorful thoughts and often it relates to a reflective memory from youth or maybe a movie reference.
It is evident that for the most part, he enjoys the people he serves, he’s been on the grill for a long time. And it seems like everyone is treated like family and friends.
We all deal with things in life that at times overwhelm us, so maybe we can learn a few things from our shorter legged friends. Maybe we just need to poke our nose out of the muck and just wait for things to get a bit more comfortable.
I ask Alvin for his quote of the year, “When I was young, my mind was always moving fasts. Now my mind is more focused on profound thoughts with purpose, (he tilted his head and with a classic smirk says) O hell, I’m just getting older, now go and have a nice day.”
And so, it goes, Sizzling on the Grill at Dockery Grocery & Snack Bar.
Carl White is the executive producer and host of the award winning syndicated TV show Carl White’s Life In the Carolinas. The weekly show is now in its seventh year of syndication and can be seen in the Charlotte viewing market on WJZY Fox 46 Saturdays at 12:00 For more on the show visit www.lifeinthecarolinas.com, You can email Carl White at [email protected].
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