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June 28, 2016 | Problems with ‘Digital’ money! Some ‘hard’ Science!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian:


My Swedish friends should pass this missive around to their intellectuals for discussion. Sweden is now nearly 98% ‘digital’ with their Krona currency…and everyone seems to think this situation is great for the Swedish marketplace. But there are serious problems with these ‘digital’ currencies which should be considered and discussed. Following the lead of Sweden into this ‘digital’ world are America, Europe, and all the other continents…now with their individual ‘digital’ currencies circulating as money. Soon all nations will be using ‘digital’ currencies and this can then be called our CASHLESS SOCIETY. Let’s review a few of the problems with all these ‘digital’ currencies for those who have not seriously thought about these issues:

  1. Digital currencies live within ‘cyberspace’. The science underlying ‘cyberspace’ can be understood. What happens is that I witness my ‘digits’ (money) within my computer screen as ‘numbers’. Numbers, the ‘digits’,  are interpreted to be my ‘money’ and/or ‘legal tender’. But how are these ‘numbers’ created today? What happens is that 1’s and 0’s (this logic of computers) and the ‘light’ energy of photons enter my computer screen (the various pixels) and then these displayed ‘numbers’ are called money. A real person ‘types’ these numbers into the screen (originally). I then think (assume) that these ‘numbers’ being displayed are ‘real’ money. In reality this is a huge myth and deception. Yes, the ‘light energy’ from photons does create these ‘numbers’ but I then must interpret each ‘number’ as being my ‘money’ for all functions of money. This interpretation is mostly a deception as my ‘money’ really does not ‘exist’ (in time and space). The ‘numbers’ which I call my ‘money’ actually derive from a person (his/her consciousness)! To understand the reality of ‘money’ we now need to understand ‘consciousness’!
  2. I am also unable to directly ‘access’ my money units. The reason is that these ‘numbers’ (called my money) are within a space which does not ‘exist’ within our material universe. We call this space ‘cyberspace’ and we then assume that this space is ‘real’ and meaningful. In reality, this space is really an ‘extension’ of my consciousness (my inner self). Cyberspace is not within my material universe but lives within my ‘extended’ consciousness. This is important to understand when it comes to the issue of ‘money’. Cyber ‘money’ is essentially ‘imaginary’ and within my inner being (called my ‘mind’). Cyber money is not outside my mind and this means that this form of ‘money’ is totally subjective, volatile, psychological, and without any mass/matter/energy. Cyber money is essentially without any ‘value’ (historical ‘value’) as it is not a ‘thing’ or ‘object’ which people can access directly. I can not touch, hear, smell, see, or taste a ‘cyber’ currency unit. It’s all a huge ‘deception’ of our bankster mentality!
  3. The idea that I can ‘see’ an image in my computer screen and assume that this ‘image’ or ‘number’ is real is a ‘deception’. What really happens is that a ‘bankster’ must create this cyber ‘number’ (from his/her consciousness) and then convince me that this cyber unit is ‘real’ and a unit that can work for trading, investing, saving, and all the other monetary transactions which occur. Why would I desire to buy into this monetary ‘deception’ which gradually results in my ‘enslavement’ to these banksters and their administrators? What happens is that ‘banksters’ must subjectively ‘create’ these cyber units via ‘typing’ into a computer screen (imaginary ‘numbers) and then I must assume that these ‘units’ of nothing are viable units of ‘value’ for all my trading, investing, speculating, and savings. What a GRAND ‘deception’ this is…and which has now been perpetrated upon all of mankind (via our global internet marketplace)! Think about this GRAND mental ‘deception’ and why this form of ‘money’ can not work long-term!
  4. When our markets decline and crash (as has happened recently via BREXIT) our so-called ‘money’ which we think is ‘real’ VANISHES AND DISAPPEARS from our space/time reality! If our markets crash continually (called a continuing ‘flash’ crash) then we all discover that our so-called ‘money’ is worthless and meaningless as trading units. Money that ‘disappears’ and ‘vanishes’ from our material reality reveals that this form of ‘money’ is worthless for trading and for any type of longer-term monetary exchanges. My investments become mostly ‘worthless’. My trading account becomes mostly ‘worthless’. My store of value (savings) for my longer-term survival becomes mostly meaningless. Money which lives within ‘cyberspace’ becomes so volatile and subjective that it can not serve any of the functions of money: standard of value, store of value, unit of account, or a medium of exchange. The entire structure of a money society breaks down and becomes mostly worthless and meaningless. Think on this for a few minutes!
  5. The history of money reveals that any viable money used for international trading must be some ‘thing’ or ‘object’ which physically ‘exists’ within our space/time reality. Cowrie shells exist, tulip bulbs exist, tobacco exists, copper exists, silver/gold exists. Money, to be viable over the longer-term, must ‘exist’ within our material universe! Today, we are transitioning to a cyber (digital) world of meaningless money which merely ‘enslaves’ and does not function as anything REAL. Banksters create their QE and loans via mere ‘typing’ of numbers into our computer screens. Trillions of cyber units get created to distort and manipulate all our cyber prices. Rigging and manipulation is all our banksters can do given the ‘nature’ of today’s MONEY. Think about this situation! What is happening to our markets and our economy? Why would anyone in their ‘right’ mind desire to support this type of economic non-system? Think about the above and discuss these realities with other thinkers in your market area. Think and discuss! Enjoy!
  6. Neuron_Global_Blog_Innovative_Business_Networking_Strategy


Our entire planet is now ‘interconnected’ and all is mostly ‘digital’! But where do our money ‘digits’ now live? Everyone needs to understand this concept called ‘Cyberspace’ and ‘Digital’ money! Can subjective ‘units’ of consciousness (which become these digits) work for trading and exchanges of ‘value’ in a global marketplace? I say NO!

We now need to wake-up and start ‘thinking’ about what is happening within our global interconnected ‘digital’ markets. The game of money has changed…and this game is mostly a GRAND DECEPTION when understood! Few seem to comprehend what has happened these past 40+ years since the closing of the gold window in 1971. To survive over the next few years we all need to get educated on the issues of money and cyberspace. We also need to get educated on the issues of our inner ‘self’…called our consciousness (or mind). We now live mostly within ‘cyberspace’ with all our communication. Cyberspace is really our ‘extended’ consciousness! Our INTERNET society has changed everything! We now live with App’s, computer algorithms, artificial intelligence, and a philosophy which derives from our elites…who desire to impose their digital ‘UTOPIA’ upon this planet. Their ‘utopia’ is really a GRAND deception when understood! Human ‘enslavement’ results from their ‘utopia’! Enjoy this missive and pass it around for discussion! I am:

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June 28th, 2016

Posted In: Kingdom Economics

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