Valhalla Editorial Note
This short note on the article is not to promote nor condemn Bitcoin, which seems to be a revolutionary act against the fiat currency system and its originators. This information and following article was published in 2014.
Bitcoin has exploded and is continuing to explode into a more “real” existence. Bitcoin is most certainly in its infancy, as well as the three or so other forms of tradable cryptocurrencies.
Cryptocurrencies are peer to peer based forms of digital money, or, assets.
Cryptocurrencies are coming to life and being created as methods of exchange between people as more of the populace begins to realize that our current dollar, the one the entire world seemingly depends on, is backed by absolutely nothing except the misplaced confidence of a society not well versed in these matters.
Many are now realizing that ceaseless printing of money out of thin air is in fact cheapening our own. Everything cost more and yet we continue to get less and less.
Read more about how inflation is misunderstood here. https://jessopink.wordpress.com/2014/12/21/are-we-the-next-babylon/
What makes Bitcoin so interesting to me is the fact that that there is an understood finite supply. There is a known controlled supply of the coin itself. There will only be mined 21 million bitcoins ever into existence apparently. This would amount to a controlled supply.
“A fixed money supply, or a supply altered only in accord with objective and calculable criteria, is a necessary condition to a meaningful just price of money.
—Fr. Bernard W. Dempsey, S.J. (1903-1960)
This is exactly unlike the current dollar.
The ancient enslavement symbols on what we know to be money might not be the worst of it. Perhaps the worst and primary reason for the coming collapse of the dollar, is the unbridled abilities to print of it as much as we see fit.
The result of this madness is again chaotic inflation.
This other medium of exchange though, through and by the people will make banking obsolete. So expect a constant and continual ridicule of the currency and even the idea itself by the mainstream media, because of course they are now owned by these same entities, the banks themselves.
Bitcoin and this form of exchange is the future evidently.
Even perhaps the most well known accounting firm PricewaterhouseCoopers now accepts Bitcoin payments.
Digital currency will be this generations gold.
Some of these digital currencies are now penny stocks that I continue to avail myself of.
What is far more incredible to me than the sharp rise of the cryptocurrencies is the amount of numerology embedded in mainstream articles such as this. Notice the amount of 33’s in just this one short article.
How can these same numbers continue to show up in article after article?
On The Roman Calendar
This following article first appeared at nypost.com
Author Michael Gray
Bitcoin firm CEO found dead after ‘suicide’
It appears bitcoin’s recent turmoil has claimed its first life.
Autumn Radtke, a 28-year-old American CEO of bitcoin exchange firm First Meta, was found dead in her Singapore apartment on Feb. 28.
Local media are calling it a suicide, but Singapore officials are waiting for toxicology test results.
Radtke formerly worked with Apple and other Silicon Valley tech firms on developing digital payment systems.
Radtke’s death brings the number of questionable financial-sector deaths this year to eight.
Li Junjie’s suicide marked the third mysterious death of a JPMorgan banker. So far, there is no other known link between any of the deaths.
Gabriel Magee, 39, a vice president with JPMorgan’s corporate and investment bank technology arm in the UK, also jumped to his death, from the roof of the bank’s 33-story Canary Wharf tower in London, on Jan. 28.
On Feb. 3, Ryan Henry Crane, 37, a JPM executive director who worked in New York, was found dead inside his Stamford, Conn., home.
A cause of death in Crane’s case will not be determined until a toxicology report is complete, according to a spokesperson for the Stamford detectives division.
The report is expected within two weeks.
Two other bankers have also taken their lives outside of JPMorgan.
On Jan. 31, Mike Dueker — chief economist at Russell Investments and a former Federal Reserve bank economist — was found dead at the side of a road that leads to the Tacoma Narrows Bridge in Washington state, according to the Pierce County Sheriff’s Department. He was 50.
On Jan. 26, William Broeksmit, 58, a former senior risk manager at Deutsche Bank, was found hanging in a house in South Kensington, according to London police.