Jungle Drum NEWSWIRE
[Jungle Drum Newswire has been officially decommissioned but will remain online as a resource and to preserve backlinks; new site here.]
Independent Publishing
 
"A true friend stabs you in the front" -- Oscar Wilde

» Gallery


Search

search comments
advanced search


Download

Download



this site  web    
Avoid Google's intrusive, snoopware technologies!


We are ONE
We are ONE


http://jungledrum.lingama.net/news/newsfeed.php

"Asymmetry
is a
Keyboard"


Google, your data suppression methods are obvious, easily recorded, abysmally inept and generally pathetic.

The simple fact that you actively engage in suppressing this and other alternative news sites means we have won and TRUTH will prevail in the end.
Sister sites and affiliates:
Current active site here.
printable version
PDF version

Beware the ‘Blockchain’ and Central Banks Push for Digital Currency
by jas Monday, Jan 16 2017, 2:03am
international / prose / post

India is at present undergoing monetary chaos as it is the first test nation to remove high denomination notes and slowly introduce a more digitally oriented form of currency exchange, which can be easily tracked. India is a perfect test scenario as India’s population consists of the super rich and super impoverished and those few in between, so if and when this demonetisation is complete expect banks/government to implement digital currency nationwide. Should we be concerned?

Well YES, as this ingenious technology in the hands of a central body is tantamount to monetary slavery, for instance, if a glitch occurs as it often does with all forms of digital technology, suddenly one would find oneself flat broke, digital devices, including cards, utilised in transactions would be rendered useless, one would not be able to travel, eat or pay for one’s daily needs.

Please understand that blockchain technology would allow for retrieval of personal funds ‘if,’ and its a biggy, the technology remained in public hands much like Bitcoin but that is not the plan, governments and financial institutions wish to capture the entire process and that is what makes it extremely dangerous to all freedom loving nations and people.

Now consider this technology in the hands of a totalitarian State like China, which would then be able to deal with political dissenters by the flick of a digital switch forcing the targeted to surface or at the very least to starve and live in back streets dependent on handouts. You see, personal mobility in every aspect of life would be restricted by digital currency in the hands of private entities or corrupt governments.

Now a little background on digital currency. The mathematics and computer skills required to produce and SECURE Bitcoin is a remarkable achievement, yet no-one knows who developed this technology, rumours say it is a Japanese computer genius, BUT why the need for secrecy if this technology is harmless? Anyone developing such would be straining at the bit for recognition yet its author/s remain unknown -- very suss indeed.

In the hands of a central controlling body this technology and its tracking ability basically nails everyone to the owners and controllers of the system and that is extremely dangerous, too much power, which this technology provides, would corrupt the best of us, notwithstanding it lends itself to also dealing easily with any opposition forces without exposure -- a perfect weapon/tool for any would be totalitarian dictator or government.

Yet after the Indian test scenario this currency is to be adopted by all central banks, which would then have no trouble with tax avoidance, fraud and criminal activity as all of these pursuits involve money -- it is actually estimated that the black economy is at least 10 times larger than the observed surface economy and banks and governments want to get their hands on that dirty money -- forget any platitude that they wish to prevent crime, as they, as we all should know, are criminals themselves.

Now, while the mainstream media is thrashing the usual irrelevancies and DISTRACTIONS in our faces, the greatest threat to personal and national freedom is presently being implemented by central BANKERS. We should all be aware by now that the principal use of the mainstream media is to keep populations distracted and in the dark so the REAL powers are allowed to work without too much scrutiny, especially on projects that involve the TOTAL LOSS OF FREEDOM.

Now if the developer/s of Bitcoin are not part of this plan feel FREE to identify yourselves and counter the above argument that centrally controlled digital currencies are not the greatest threat to freedom ever seen.

Follow link below for more comprehensive information on central banks ready to deploy this enslaving technology, there is also some information on ‘blockchain technology’ on Youtube, but read between the lines, of course it is presented as innocuous -- I know Christians will have a field day when confronted by this information:


 
<< back to stories
 

© 2012-2024 Jungle Drum Prose/Poetry.
Unless otherwise stated by the author, all content is free for non-commercial re-use, reprint, and rebroadcast, on the net and elsewhere.
Opinions are those of the contributors and are not necessarily endorsed by Jungle Drum Prose/Poetry.
Disclaimer | Privacy [ text size normal | << | >> ]