Since 2008 the investment and development of the blockchain business has all been done on the back of the unregulated pyramid of cryptocurrencies. It has obviously reached the point where the blockchain is reliable enough and extensive enough to support a credible alternative monetary system that will replace major reserve currencies within about three years.
The other fascinating aspect is that it should be possible to build a model with real time auditing and accounting built into the framework. No more tax avoidance as money exchanged through they system could all be deemed offshore in cyberspace! Just tax it as a collective and repatriate tax back to the country the products or goods and services originate from.
I suppose it could also sit very well with the fair trade concept, as the endless buying and selling of stock markets is also a shambles we could do without.
It should sit very sweetly in the developing WTO initiative between the BRICS framework, and completely replace the need for reserve currencies.
No wonder Russia is not bothering to get uptight about the closing down of yet another consulate and trade missions in the US.
In one swoop, this little enterprise will clip the feathers of the American Eagle for good. If the US have to trade on the same terms as the rest of us, they will not be able to afford a military within five years.
I was thinking it was the pound under attack, but in reality I am wondering if it is the dollar. With the Euro so high it means the dollar is effectively devalued. With the pound so low, we will probably have to cancel the orders for a lot of F35 and other military stuff.
The Americans are over extended both militarily, and because of that financially burdened with a behemoth of ships and hardware that they very soon won't be able to afford to maintain.
Coupled with the increasing number of weather related catastrophes and the poor state of infrastructure, their political infighting, massive personal and national debt, dodgy mining practices, over reliance on fossil fuels, poor agricultural policies that utilise artesian water for corn production, and an ever increasing amount of sinkholes swallowing up real estate, I wonder they haven't seen the writing on the wall.
The worst aspect of this is the gun laws in the US. It is only a matter of weeks and months before civil chaos might break loose, and the public are armed to the teeth. They could easily form vigilante groups and start another bloody and awful civil war between themselves. They are already teetering on the brink of anarchy.
At least with an alternative USC system, if the US does hyper-implode it won't take the rest of the world with it. They foisted that onto us all in 2008.
Debt is the worst kind of slavery. God doesn't like debt or slavery. It isn't too late for the US to change their foreign policy, their bullying, and their world military ambitions. Their destruction of their own and other people's ecology through greed of their corporations. Their refusal to work for a better world.
The best way to move forward is with genuine respect for other nations. As for building that wall, it's not a good idea, walls keep people in as well as keeping them out. If they were good neighbours and stopped manipulating other people's politics and economies so that whoever is in power they are susceptible to the bribery and corruption of the deep state corporations many countries would be stable with good economies and standards of living.
I am not saying these problems are caused entirely by the US system, but about 90% probably are.
I would like to see a peaceful world. I see there are alternative voices in Germany asking for US nukes to be removed from their soil, perhaps this is the first step. I am sure that 'big bomb' the Americans dropped in Afghanistan a while back was a Neutron device. Their military are simply out of control and their government allowing the use of these weapons, and bombing civilians has crossed the line completely.
The thing is, retaliation is not the answer. It is up to the rest of the world to isolate them economically until they co-operate. The US are very fond of slapping sanctions on everyone to get their own way, I suspect this new form of Cryptocurrency might also be a very good way of saying, if you are at war you get a detention!
I pray we all strive for peace. That God will change our hearts and minds to see how wonderful and beautiful the world is, and that we have been entrusted with His most perfect creation and each other, for our children's sakes.
Most of all to honour God who gave it all to us.
Its about time there was a better attitude from the media as well. I am fed up of the endless propaganda they pump out. Anything hateful in newspapers and online should be stopped.
I pray everyone has a change of heart. We don't need to fight. May the whole world recover from these dreadful years we have been through and find real peace.
May God bless you with peace and prosperity.