Cryptocurrency State of Play – Special Report from the WDS

(Some sections translated from Chinese)

The purpose of this article is to summarize the financial and economic state of the world and the potential for cryptocurrency technologies to replace existing financial systems.  We delve into some of the many interesting new cryptocurrency startup projects that are springing up, and also explore the more esoteric and nefarious side of the growing cryptocurrency world.

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31 Comments on "Cryptocurrency State of Play – Special Report from the WDS"

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intruth

#1

cornpoppin

My problem with all cryptocurrencies is that at the flip of a switch the entire internet can go down and has been threatened to do so for years. All of these crypto’s depend on the internet working uninhibited. Also- crypto plays right into the hands of the new world order==where a person can be blackmailed into doing what they are told or having all of their money wiped out– the same with government health care. You can have three children, one gets sick and be faced with killing off one or two for the medical care of the third. The people who hold the cards would love for us to give up our guns, our private healthcare and the right to save a currency in our mattresses.

jbdd

2 getem- awaiting lemurian plugs!

cornpoppin

We don’t need crypto– what we need is to be taught in school and elsewhere who controls the federal reserve. What the intentions of owning our financial system are and were– we need truth the plain ugly horrible truth. We need to look in the eyes of the “men” who hold all of the cards in the system we now serve– we need to decide what needs to be done to change they system so it is free from corruption.

lucybeann

cornpoppin #393156

I agree cornpoppin, I don’t like the problems that can come with crytocurrencies.

deester

6

siggi

Thanks for the report Ben!
Like it’s free from the common “mumbo jumbo” financial “expert” language. Invented to confuse an already super complex system.
Agree with you here cornpoppin!
Still not see this as a final solution. For us who also remember the dot.com bubbles have a right to be more than a little cautious and wary I think. Plus it is based upon computer technology, only. Means plausible AI interference. And possible takedown of this threat by starting from scratch. And/or “takeover” is always a possibility as long as cabal is around. Small as it might be?
I still prefer to have some silver (or gold coins). This can not “disappear” overnight, and have so many useful applications as well.
In turbulence times – grab on to something tangible to hold on to I say….
Who always stretching for the opposite….. he he
siggi

cornpoppin

Yes Siggi– I know people who lost between $ 20 and $30 thousand in the internet bubble .

ditofh

gold, silver, paper, can all be confiscated. cryptos cannot. sure they can put a gun to your head, but that is the only way. yes it relies on internet, but you can still transact offline. eventually the transaction will be replicated once you get back online. if internet is permanently down, then no form of money is going to matter and gold and silver is not feasible. it’s too heavy and nobody’s going to be lugging it around. food and water will be more important to carry. it would all come down to a barter system.

wbrainerd

special 10

onetvjak

“CASH” whether is FRN, EURO, GOLD or whatever are the last tools that afford anonymity AKA privacy. This is the battle we are now facing. Using ANYTHING that involves a 3rd party to a simple trade/transaction, opens the door to what we have today. SNAFU
My 2 ¢

ferebetv

Ben: I cannot read your entire post and I have paid; please correct.

leon1725

In 1923, Representative Charles A. Lindbergh, a Republican from Minnesota, and father of the famous aviator “Lucky” Lindberg stated, “The financial system has been turned over to the Federal Reserve Board. That board administers the finance system by authority of a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money.”

aneeson

Hi Café,

I agree with the consensus here – Crypto is a ‘no-go’! We MUST keep to cash as even a bank account can be stolen – see what happened in Greece.

Bank accounts and credit cards work after a fashion, but are open to abuse. Cash is real. Its value may diminish over time and can also be ‘controlled’ by the establishment/cabal. But it is still a real medium od exchange and in a situation where there is turmoil, it will work where other methods fail.

Interesting info never-the-less and Ben is keeping us informed, so thanks to him for that.

Namaste,
Alan.

kmc45c

Do your research folks. Crypto currency is a way to exchange value between two private parties – like cash but electronic. “Cash” is continually being restricted so where and what you spend your money for is open to anyone who can hack your bank or accounts or to your banker who can look anytime. Crypto has no bank fees, no third party to freeze your funds, no tracking, no government interference. No one can steal it if you control the keys and keep the currency in your wallet.

waldheim2

16

blueskies1750
blueskies1750

If internet goes down so does banking systems and atms.. cash and silver coins don’t need those systems. I do own cryptos because I want some skin in the game.

Lisa LaMontagne
Lisa LaMontagne

Ubuntu instead.

Jonathan

I agree, Ubuntu and exposing the Fed are much more important.

kmc45c, what you’re saying is true in part, but you can always have gov interfere with how you are able to spend and receive money.

jujubean

The post was very informative but it also pointed out significant issues with cryptos; how they can be hacked, how original programs may have deliberate bugs in them that allow hacking, how governments are trying to infiltrate them, how many of them won’t be worth anything, how more and more cryptos are being born everyday. It sounds a lot like Apple to me, a closed platform that only allows exchanges if you have a certain currency/token whatever and that’s not good. Frankly, the opportunities for manipulation and exploitation are legion there. I’m still for cash and precious metals. It was pointed out here that the metals are too heavy- nonsense. People carried the metals around for centuries, millennia really and we could do it again. I’ve signed on to several crypto accounts but have yet to purchase anything for fear of just about everything.

While our current system is definitely worn out, I’m not sure about cryptos. I’d prefer a new currency, possibly global, maybe not. Countries will need a way to equalize their own currencies against something else. Too many cryptos will make exchange difficult as well.

Thanks Ben for an excellent update on the situation. Unfortunately it hasn’t convinced that crypto is safe or that it will be the ultimate solution.

What do the aliens do for exchange?

Straight From
Straight From

Free energy + Barter system is best.

kamber hossaini
kamber hossaini

this article made me depressed lol

truthearth
Grendizer

25. When did he post this one?

vaturu

Thank

waldheim2

Are the posted WDS (unofficial) cryptocurrency recommendations static or dynamic? How far into these days, weeks, or months do these recommendations apply? I ask because there is a seeming volatility in this market. With BTC growing unexpectedly faster, is it still “neutral”, and is ETH still “buy”? Quite a comprehensive report.

guac77

Many people write about the reincarnation trap, so I’ve been asking about it for awhile and finally got it all explained to me. As you may know 40% of your soul stays on the soul plane while you are incarnated and living. After you die you only get 2 choices, you can stay where you are or you can go to the other side which is the soul plane and be reunited with the other 40% of your soul. There is no other way to go. Stay and be a ghost with only 60% of your soul for up to about 5,000 years and after that you will be bought to the soul plane. While you are a ghost all the souls in your oversoul must wait for you, they cannot reincarnate until you join them!

After you get to the soul plane, you can quit and take off with all of your soul and 1.85% or about 37 souls in 2,000 do just that. If you quit you must stay off the soul plane and go whereever you want, without a body that is. This is probably not a good choice and why only 1.85% of souls choose to do it. When one decides not to reincarnate in 3rd density one does not advance or make ascension for 8 cycles and you must ascend by 27 cycles or your soul will be recycled. You can come back before 8 cycles is up and start reincarnating again. This could be a good move if living conditions improved, like if we went into the Golden Age, but when you come back you will be taking an undesirable life.

While you are out running around you can pick up bad or good karma, usually bad when you mess with living things or just things. If you do enough bad stuff, you will be a negative when you come back. If you’re going to be a negative, you won’t want come back after 8 cycles, you’ll want to stay out longer. Of all the souls that quit reincarnating 80% are negatives after 8 cycles, which is a good reason not to do it. Also when you ascend after 8 cycles, you’ll be on the bottom or have the worst position.

If you quit and you are running around the only way to get off the Earth & moon is to sneak a ride in a spaceship. You could travel the universe by sneaking in ships. If you get lost or stranded somewhere, you can call for help and be taken back to your planet. If you possess someone you’ll be a negative when the 8 cycles are up. The Djinn are souls that quit reincarnating in 3rd density. So I suggest that you don’t quit and try to advance the best you can. Why not get a soul report and find out if you’re qualified for ascension or a Wanderer, I also do past life readings. http://www.icheckyoursoul.com/

laylow1

I don’t fear hacking (any system is hackable) as much as my own government interference via new crypto transaction laws. Prior to large populations getting invested in cryptos they could pull the plug ,at least within their own country(ie. China), and the general public would hardly notice. A way to raise dollar values by sucking some cash out of the system possibly?
Anyway, its hard to imagine the govt giving up any tax revenues and traceability. Think…IRS going by the wayside. Ha!
I did ,however, already buy in on cryptos as a hedge. Might as well, bail ins are just as likely.

laylow1

I wonder if the confidence in cash (paper with a value created by a computer) is just someone being resistant to change. If the younger generation takes to cryptos and electronic exchanges of wealth who will accept your paper? Humanity will have to agree on it’s medium of energy exchanges, very thought provoking, yes?

carolm

#393218
Hi Benjamin,

This is an interesting article, thanks.

The apple is also used as a symbol of infinity. The vertical cross-section is the 8 on it’s side, the symbol of zero point energy, and the horizontal cross-section is a complete circle with a core, like a torus or donut.

In my mind the bite out of the apple signifies a many things; the human touch of life itself, the nourishment of an apple, the imperfection of the human touch on the perfection of nature are just a few.

Steve Jobs was a west coast Buddhist, but he was also a very judgmental perfectionist, which is not a Buddhist path. He gave us technology that was more human-centric than that which had come before. His messages to children through Pixar was of laughter and love supplanting fear of the darkside like Disney. He may have been taken out for that.

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