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This episode is from the docuseries, Hidden Secrets of Money by precious metals dealer and monetary historian, Mike Maloney tracking his journey into the realm of Bitcoin so far, interviewing leaders in that field and he has this to say:
“In 2008, a new technology was introduced that is so important that its destiny and the destiny of mankind are inextricably interlinked. It is so powerful that if captured and controlled, it could enslave all of humanity but if allowed to remain free and flourish, it could foster unimaginable levels of peace and prosperity.
“It has the power to replace all financial systems globally, to supplant 90% of Wall Street and to provide some functions of government. It has no agenda, it’s always fair and impartial, it cannot be manipulated, subverted, corrupted or cheated and it inverts the power structure and places control of one’s destiny in the hands of the individual.
“In the future, when we look back at the 2.6 million year timeline of human development and the major turning points that led to modern civilization; the creation of farming, the domestication of animals, the invention of the wheel, the harnessing of electricity and the splitting of the atom, the 60-year development of computers and the Internet, this new technology will be looked upon as a single event, a turning point that will change the course of human history.
“It’s called full consensus distributed ledger technology and so far its major use has been for cryptocurrencies, such as Bitcoin but its potential goes far far beyond that.”
Hi Alexandra:
I wanted to thank you so much for exposing us subscribers to this valuable information. I have been dipping my toes in the crypto currency arena, having been recently introduced to it.
The documentary was really enlightening and has given me a thirst for knowledge of the whole ‘full consensus distributor ledger’ technology development. It’s huge and I believe it’s a massive leap forward in our global evolution and way of thinking as a human society. Everyone should be aware of it. As with all major developments or inventions, there is much fear around this radically new and innovative way of doing business, not only with monitory agreements but with so much more. Also, as with Caxton’s printing press revolution taking the monopoly of power away from the clergy and putting it in the hands of the people, the financial institutions are going to put up a fight to retain their power and, frankly, their entire business model. This is why it’s so important that we get educated on this emerging area of full consensus distributor ledger technology as a new discipline worthy of study.
So thank you once again, Alexandra, for putting this out there.
At the risk of sounding like a Luddite I don’t understand why the internet with the potential for an independent monetary system intrinsic within it was released to the public. When it was originally a military innovation. Why give us this tool but not allow us to develop free energy? I think we need to be really gestalt in our thinking about this. Yes independent innovation is emerging but the internet itself is not an independent innovation.
So the the internet had a mandate for internet money from the outset? But so far centrally controlled contractors haven’t moved on this have they? Am I correct in thinking only independent entrepreneurs have? There’s something a bit fishy about that, why didn’t the central banks dominate this space from the start.
Look at the history of bit-CONs value. Those wild gyrations preclude bit-CON from ever being considered as money. Bit-CON is a fake, a fraud, and a CON.
Bitcoin is not a fraud or a con. There is a speculative bubble around it, inflated by speculators who don’t understand what it is. That is not Bitcoin’s fault and it was never Bitcoin’s intention.
The SEC classified Bitcoin as a security rather than as a currency, so it’s behaving like a security. Bitcoin is like the Model T of blockchain technology. It is being superseded by superior technologies.
Rather than complain and shut down a discussion of what Bitcoin is or is not, I think you should watch this documentary, particularly the second half, which deals with Hashgraph, which is the next level of…everything digital, really.
If you learn and understand about what blockchain and Hashgraph technologies are, I think that you’ll have an increased likelihood of having financial freedom in your life.
shot heard round the world.
financial revolution.