TIMES, TIME, AND HALF A TIME. A HISTORY OF THE NEW MILLENNIUM.

Comments on a cultural reality between past and future.

This blog describes Metatime in the Posthuman experience, drawn from Sir Isaac Newton's secret work on the future end of times, a tract in which he described Histories of Things to Come. His hidden papers on the occult were auctioned to two private buyers in 1936 at Sotheby's, but were not available for public research until the 1990s.



Showing posts with label Currency. Show all posts
Showing posts with label Currency. Show all posts

Wednesday, August 29, 2018

Redefinitions of Currency 3: Kim Dotcom's Scary Tweets



Kim Dotcom (aka Kim Schmitz), the Finnish-German-Kiwi Internet pirate, has decided that the USA is going to go the way of Venezuela. Dotcom is piloting a new crypto-powered ecosystem, K.im, and his own branded KimCoin, to reward content creators. This month, the Megaupload and Mega founder, Assange ally, Deep State foe, and founder of the Internet Party has also been writing scary tweets about the future of the US and global economy.

Dotcom has an axe to grind, because his companies' copyright violations led in July 2018 to a New Zealand court ruling that he could face extradition to the United States for racketeering, money laundering, fraud, and criminal copyright charges. While this gives him a motive to trash talk the US, and he is fundraising for a new project to cover his legal bills, Dotcom really believes that America's economy is about to go bust.

He has thought so for awhile. Originally, the hacker was based on the top floor of the five-star Grand Hyatt Hotel in Hong Kong. But Dotcom moved to New Zealand because he felt it was the best place to start and raise a family during and after World War III. As he put it:
"You wouldn't want to be stuck in a penthouse at the top of a hotel tower when it's end days. ... That's why I was looking for a place. And I thought that if I had somewhere in the South Island, shielded by mountain ranges on both sides, I would install a really sophisticated solar power plant. I was thinking if I had something like that, you could survive. New Zealand strategically is the safest spot in the world. It has everything that is required to sit it out and start again."
Dotcom is not alone. The very rich are talking about the end of the world and building bunkers in preparation. They see the future just like the backwoods and doomsday cult preppers, except billionaires build nicer bunkers.





Sunday, August 26, 2018

Redefinitions of Currency 2: Crypto Venezuela


Venezuela: then and now. Image Source: Total Crypto.

To paraphrase Chris Dixon, technology has changed the underlying drivers of wealth; once, wealth was determined by commodities; then it was decided by politics; and now, wealth is based on mathematics. There is no better indicator of that shift than in Venezuela.

Fiat collapse: Venezuela's currency crisis (20 August 2018). Video Source: Youtube.

Return to the world's oldest economy: Venezuela's economic crisis fuels sex trade (23 August 2018). Video Source: Youtube.

Venezuela: New currency fails to curb hyperinflation | Al Jazeera English (22 August 2018). Video Source: Youtube.

Venezuela is currently Ground Zero for bad news. In one month, the president, Nicolás Madurododged a historic first drone assassination attempt on a world leader. The country survived a 7.3 magnitude earthquake. Millions of Venezuelans are migrating to neighbouring countries, which are becoming less and less welcoming.

The hacktivist group Anonymous dismissed the Maduro assassination attempt as a government hoax, perhaps similar to a recent incident in Zimbabwe; note the discrepancy in footage that showed - and did not show - Maduro's wife, Cilia Flores, from two different cameras. Note also that the source of the differing footage is the Russian network RT (Ruptly) and these could be two separate occasions. Otherwise, this means that there were two versions of the footage of the attack, which were filmed separately. Anonymous - LA VERDAD sobre supuesto atentado contra Nicolás Maduro 2018 [Anonymous - THE TRUTH about alleged attack against Nicolás Maduro 2018] (5 August 2018). Video Source: Youtube.

Maduro's popularity is in the toilet; back-chamber rumours are circulating that he knows secrets about Hugo Chávez's death, that he is in league with the devil, and that he is not a true Venezuelan, but perhaps was born in Colombia, and in any event - it is whispered - he will die soon, though not by assassination. Other rumours are circulating the president tried to escape Venezuela in secret on 26 August 2018, knowing that the situation is irreparable. The cult of personality may not provide a suitable replacement, since alternatives to Maduro, like María Gabriela Chávez, are not popular either.

Wednesday, January 17, 2018

Redefinitions of Currency 1: Óscar Pérez and the Rise of the Petro-Yuan


Óscar Alberto Pérez, ex-policeman and Venezuelan rebel leader died on Monday (7 April 1981 – 15 January 2018). Image Source: Newsweek.

This post is a preface to a series of posts in which I will begin to explore how technology and globalization are changing what we call 'currency' in all its forms: from Canada's sale of the country's total gold reserves in 2016, to the ups and downs of Bitcoin and other cryptocurrencies, to the evolution of the Internet into an economy of value (and what that means).

For today, we start with a glance at Venezuela, where President Nicolás Maduro Moros last September planned that his country would abandon the Petro-Dollar and take up the Petro-Yuan. Since 1974, the American dollar has functioned as the de facto global currency because it was the main currency for oil purchases, and thus for all other commodities and trade.

Now that arrangement is changing, under the leadership of Russia, China, and Iran, as oil is being priced in the Chinese Yuan: "This is about the implementation of a huge, new alternative reserve currency zone, bypassing the US dollar." If you believe sources like Russia Today, we are watching the American Petro-Dollar die, and the period from 1974 to the present is dying with it, including its power structure, its key players, and its principles of control. This is the start of a new era.