This is the first time I have seen the term: "Extinction Event" applied to Currency. Applied to what Currency "Is".
http://www.zerohedge.com/news/2017-12-06/bitcoin-bubble-bobble-btc-has-biggest-day-ever-hits-14000-en-route-blue-moon
Researching the term it is found to be recent:
https://keepingstock.net/blockchain-the-next-extinction-is-upon-us-5a5ae5284e69
The Extinction Event is the Currency and Finance Crises that I blogged about in my 7 December entry about a remote but world wide crises level event bringing down an abstract Conceptual Operating System structure.
How is this future "Extinction Event" that may go down in history Infamy go down?
It is not just a Futures Bet on its happening but a SureThing bet that it will when it is designed to Happen On Purpose. Making it happen is not the end game but capitalizing on what will take its place is the end game of the masters of Money and Finance.
The "Crises".....I will call it the the "MFn Crises"(meaning MF'n Crises but expressed as Monetary Financial Crises in clear text)...maybe the MofAC...MOFAC ....Mother of All Crises. Take a pick.
The MFnCrises will be an Extinction Event. Call it E Day. The Monetary and Financial analogy of D Day....H Hour. The exact day of launching the Extinction Event. It is the greatest kept secret since Normandy.
Following Normandy was another strategic Plan: Market Garden. It was a two pivotal strategy. Market and Garden. Airborne and Ground Forces. It was a Bridge to Far and the Allies failed.
History does not repeat itself but it rhymes.
Market Garden was plan with the real world implementation constraints of Time and Space where success was a function of Real Time and Real Space as was the establishment of a beach head at Normandy. The creation of a Planned Surprise Crises by one side against the failure to see the real crises coming on the part of the other side.
It is no coincidence that this blog entry is being made on 7 December. A First Preemptive Strike
In the domain of Conceptual System Structures a paradigm shift is not significantly constrained by physical Time and Space providing that the change New Conceptual Structure is a facilitated by a data structure exchange translation mechanism.
What exactly is the Extinction Event of Money and Finance destroys an old system and immediately replaces it with a new system?
I believe the Extinction Event will be a paradigm shift from a debt based balance sheet Monetary Finance System to an Asset Based Monetary System. Nothing fundamentally changes in the Paradigm Shift if the power of Entity Ownership of Money and Finance remains the same with benefit of greater Fascist control. Everything changes if in the planning of the Extinction Event meets its "Bridge to Far" and power goes to the People.
Power to the People? Every major crises event functions (can be designed to function) to increase Authoritarian Corporate State power.
The run up to the Extinction Event will go like this: Crypto Currency is debt free money. It is public created money with no debt counter party like our current debt based balance sheet Currency. In general, it is the Public that is buying Crypto Currency that is running up its price value conversion from legacy balance sheet debt based currency into a new debt free Public Ledger Monetary System. That new Debt Free Monetary Operating System will do the same functional thing that the Legacy Debt Based Monetary System did. In the paradigm shift from a Debt based to a Debt Free Monetary System there is the ultimate question of who will control the Monetary System. Will it be an Autocracy or will it be a Public Utility?
This is where the Autocracy of Government and Finance will make its play for domination. The run up of Cryptocurrency is being fueled by public purchase. The run up is going geometric and pole dancers are getting rich. This is simply too much for Big Finance not to jump on and make big bucks big investors are getting in and will run up Cryptocurrency to Astronomical Levels to a point where the bubble will burst.
The timing of a future bubble bursting point must be carefully chosen by Government/Finance. Timing the Extinction Event Crises is everything. What will be extinguished in a Paradigm Shift Flash is that the Public Debt Free Cryptocurrency System will Federalized with central control of the Public Monetary System (the Sovereign Right of control reserved to the Government) is franchised to (gifted to) Banking and Finance exactly in the same manner that it was franchised to a debt base Banking and Finance System (Federal Reserve December 23, 1913).
The new Debt Free Cryptocurrency Operating System must totally ready for implementation at paradigm shift time (Extinction Day) to seamlessly change the State base of the Operating System from debt to debt free without any change in the fundamental Application Programs purpose of Banking and Finance to extract Profit to Few at Public Expense to Many.
A small segment of relatively small number of "pole dancer" small amount of investors will make a large amount of money by their standards. A few renegade big time investors will make huge fortunes. The Masters of Finance will make their share but will have enhanced control of the entire Currency and Banking System.
The Masters of Finance will make their initial killing in accordance with this plan:
They will hold off on mass investment in Crypto Currency until they have in hand a replacement Privatized CryptoCurrency System on the shelf ready to install as the new Privitized (Government Sponsored Privately Franchised) Monetary Operating System to replace all private Cryptocurrency Systems with a centralized system. It is the same as replacing State Banks with a Federal Banking System in 1913 except in this case the State Banks and their independent Cryptocoin creating miners will be shut down.
The Big Trick of swindling the Public rests entirely of Big Banking in collusion with Big Government manipulating the fragmented Public Cryptocurrency market by a huge buy of key players in the established Cryptocurrency system then poking a pin in the bubble by pulling all of their investment out and transferring it to a private government sponsored ICO as exclusive initial investors. The government sanctions the new Cryptocurrency ICO by making the Cryptocurrency legal tender for all debts Public and Private and Mandatory for the Payment of Government Taxes.
The exclusive Initial Coin Offering of the new Government Sponsored but Privately Franchised to the Banking System Crypto Currency Operating System will establish the Loanable Funds of the Banking System equal to the total amount legacy debt based system Money Supply.
It is class warfare. Public Control vs Government/PrivateBankingFinanceComplex Control of the Monetary System.
Extinction Event is Coming.
Who will win in the End?
Pump and Dump Crises Creation Strategy.
What kind of Contingency Plan do we the Public have to protect ourselves from the Government/Banking Autocracy that has a self interest Plan for us that is not in our best interest?
The run up to Extinction Event lift off leading to Crash and Burn. When it does then Government/Banking will be there to save with a National Cryptocurrency System. How did they know that it was going to be needed to respond to the Crises? Smart of them to be working in advance it. Good Contingency Planning!
Contingency Plan un up to a physical crises made to happen on purpose? More true than false is the test, not beyond the shadow of a doubt:
http://www.mintpressnews.com/76-years-of-pearl-harbor-lies/235375/
Some future analysis of the Monetary and Financial crises will explain it all clearly....after the fact...and how Central Bank saved the day with a new system that the totally control. That control will be handed to Central Bank. The run up plan is to create great public fear and mistrust. Driven home by a great run up in Crypto Currency value then a total collapse of value that will be stunning. The Big Dumpers witll get out early and short the futures. It will be blamed on the government lack of control of Cryptocurrency. Private Banking will solve what the government could not. Concurrently, trust in government to do anything right must be attacked. Public opinion must be emotionally and actually polarized to foment Us and Them classes.
Old school legacy Power is planning the new military crises?
http://www.moonofalabama.org/2017/12/syria-isis-is-defeated-the-us-is-next-in-line.html#more
North Korea? Maybe a stepping stone in the plan to prove the power of military might to shape and rule the world. Shape maybe but not rule. General Butler said "War is a racket" One that serves a Money and Finance Master. Perhaps North Korea is the victory needed to reinforce the status of the military to solve power problems with their narrow solution?
http://www.38north.org/2017/12/jbaron120717/
The older and more powerful legacy system of Global Money and Finance benefiting from war has their Parent contingency plan for world domination with Money in the form of total control of a Debt free Cryptocurrency Stem being the defense of the fortress and the offense tool of domination and rentier extraction from the Common Good.
There are 44,000 tripwires to start the crises. They are not all in one place like Pearl Harbor or the Twin Towers. Only a handful of losses like Niger would be sufficient. The assassination of one person was sufficient to start WWI.
https://www.stripes.com/report-44-000-unknown-military-personnel-stationed-around-the-world-1.501292
Their was an unintended run up to the crises General Custer faced that was not recognized until he was surrounded and only discovered that fact when he was already in the middle of a battle he believed he had control of. The bigger picture of that run up to his crises was not seen by him but a piece of a greater plan that used defeat as an alternative to victor as means to an end?
https://www.rollingstone.com/politics/features/does-trump-want-a-new-middle-east-war-w511396
https://www.rand.org/pubs/research_reports/RR1782.html
https://www.macrobusiness.com.au/2017/12/bitcoin-track-topple-global-economy-five-months/
https://www.macrobusiness.com.au/2017/12/bitcoin-pyramid-bubble-will-proceed/
When the herd changes course those standing in the way of a power pivot get trampled. The power pivot is a paradigm shift to "Power to the People" to pivot from a the ownership of the monetary system (the sovereign right of our government of the people) by the Federal Reserve debt based Operating System to a Government owned Debt Free Monetary Operating System (Owned by the People that choose our own form of governance).
The Bubble precedes the Revolution that will rise from the collapse of Cryptocurrency that is the Contingency Plan of the Central Banking System to rise Cryptocurrency from the ashes under the total Fenced Garden Silo control of Private Banking.
There is a time frame window in which the Bubble will burst. I don't think that Wall St. yet has their privatized Cryptocurrency Operating System and Application Programs ready to step in and capture Ctyptocurrency control exclusively and totally to itself under the Federal Reserve. Neither does the growing power of Cryptocurrency as a debt free Monetary Operating System have the political power to retract ownership of the Monetary Operating System from the Federal Reserve and reclaim its sovereign right to determine what the Monetary Operating System is to be.
The who matter of the fundamental nature of our Global Monetary System is on the horns of a dilemma. Will the basic operating system:
A. Continue be founded on a debt based creation of Currency Operating System where it is created out of nothing by a Central Banking System and return to nothing (debt extinguishment) when the debt is repaid.
or
B. Undergo a paradigm shift to a debt free Cryptocurrency Operating System where the Currency Operating System perpetuates in a Time Line continuum the chain of past currency ownership and transaction proof to its "Real Time Now" proof of current ownership and right to use that ownership to transfer ownership along a future Time Line forged by future Systemic transaction Application Program function.
The Problem Domain Frame is one of a choice of the Monetary Operating System and who has the power to make that choice. The Operating System can be either Debt Based or Debt Free. The right of choice is invested in our System of Governance. We are not governed by Wall St. Federal Reserve Banking.
The choice of a paradigm shift of the Monetary Operating System to a conceptual Debt Free foundation structure will not have a significant change impact on the Application Programs running on the current Debt Based Operating System. Debt as a conceptual existing thing created buy an Application Program function called Loan will continue to function in the same contractual manner in a Debt Free System. Banks making loans on one side of the contract and entities receiving Currency as a function of the contract commitment will be exactly the same.
The Currency used in the Loan Application Program will continue to demand rental (interest payment) if the Banking System makes the loan but the Loanable Funds come from a Cryptocurrency Wallet "Owned" by the Bank. A wallet that was loaded by a one to one par conversion of existing Debt Based Currency Money Supply (Total Money Supply = Total Debt = Total Savings) to Cryptocurrency.
What the Monetry Operating System conversion from Debt Base Dollars to Asset Base (Debt Free) Cryptocurrency Dollars does is to change the equation:
(Total Money Supply = Total Debt = Total Savings)
to
(Total Money Supply = Total Assets = Total Savings)
Our governance system is based on an Operating System concept of Freedom founded on and created by the consent of the governed . In that Operating System we are individually free and have the right to choose what broad conceptual "Debt" obligations we choose as a matter of individual choice and those that we as a nation collectively choose as social obligations.
The concept of Debt is binary. It is forced upon us individually or collectively with no freedom of choice or is conceptual Debt obligations freely chosen individually as well as collectively within the framework of governance we choose.
Live Free or Die. We would by choice live in a conceptually Debt Free society owing nothing as a society to any entity other than our collective selves and individually to one another.
Our current Debt Based Monetary Operation System in the hands of Banking System enslaves us to a Problem Domain defined by Debt and who has the Operating System Power to create Debt as an accounting balance sheet function creating a Debt from nothing by defining it as equal to something and that is owed to the creator of the Debt.
That might work in Higher Level World above the Real World where we have the right to believe in a Higher Level World Operating System (or not) beyond Real World. In Real World Operating System and Physical Application Programs as well as Conceptual Abstractions founded on the Real World we have the self endowed rights to our Real World Operating system of our own choice and we have chosen to live Free the rather than live in Debt to a System created for us.
Currency and the use of currency as a social decision making tool to allocate resource things to satisfy needs and wants is the the Global Operating System of choice that defines and proscribes our Global Collective society, regardless of social sub system category.
In the age of Globalization the New Revolution will be Global or we will continue to be slaves to a Debt Based Monetary System controlling us, not created and controlled by us.
Debt Free Cryptocurrency is within or Information Age grasp to establish a greater Global freedom of choice to choose a Debt Free Monetary Operating System in which we can all create participate in the design of competitive Application Programs of Choice available to all sectors of society to compete among themselves to create the greatest benefit for the common good.
The Debt Based Monetary System will only be given up when it is pried from the cold dead hands of the Central Banking System that has always had the upper hand in controlling the system of whatever power entity, autocratic or democratic, claimed control on a geographic boundary area.
A Debt Free Cryptocurrency Global Monetary Operating System to which all segments of society subscribe by allegiance to freedom of choice as an Global Public Asset Based Operating System of Medium of Exchange Ownership foundation for all social allocation of resources decision making Application Programs will free the World from domination of those that control the Debt Based Monetary Operating System which enslaves us to the dictating controlling power of Rulers that have historically owned the Debt Based Operating System.
http://www.scmp.com/week-asia/opinion/article/2122500/why-bitcoin-fever-bubble-waiting-burst
Wall St. does not yet have their Contingency Plan ready to take over control of Cryptocurrency. It is therefore desperate to buy time. It will do that by creating and then bursting the Bitcoin Bubble therefore creating the public belief that Cryptocurrency as a Pivate Debt Free Monetary System cannot be trusted to be in the hands of any entity other than a centralized authoritarian controlling entity doing business under the guise of a Federal Government Franchise.
China is going to be the winner that establishes a Debt Frees National Monetary Opertating System that will be the Global Reserve Currency System. Perhaps with a coalition of Russia and India perhaps even with an EU coalition or even simply Switzerland?
http://www.zerohedge.com/news/2017-12-11/process-through-which-first-major-central-bank-goes-bust-has-begun
https://www.wsj.com/articles/the-force-behind-bitcoins-meteoric-rise-millions-of-asian-investors-1513074750
There is enough of a paywall story here to show that it is China that is buy up Bitcoin. Imagine this: Wall St. wants to get in and make a marker bubble to $50,000 then crash the market at the same time taking an short position. Millions of Chinese buy on the dip. Wall St. sold all of its Bitcoin into a mass China buy. China become the Bitcoin Reserve Currency Country.
Banksters must pump then crash the Cryptocurrency system to capture total control of it. There is too much money involved. Too much money? Cryptocurrency will be all the money and the only money. Banksters cannot permit it to be public money!
The debt based banking monetary system is a Control Fraud business model.
https://www.zerohedge.com/news/2018-01-04/its-not-about-democracy-control-fraud-core-our-political-system
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