An Insane – and Dangerous – Lesson in Economics

An Insane – and Dangerous – Lesson in Economics

by Andy Snyder, founder, Manward Financial Digest

 

An Insane - and Dangerous - Lesson in Economics

 

Andy Gets Sick in a Bookstore

We've got to stop going where we don't belong.

We spent some time on the campus of a major university this week.

With some time to burn, we figured we'd take a peek in the student bookstore. We wanted to see what the best and brightest are studying.

Holy smokes…

It left us tasting our lunch for a second time.

We thumbed through an economics book – the sort of stuff our graduate career was filled with.

This one must have been popular. It was promoted in a big display right at the end of an aisle.

Skimming the introduction, we saw what we'd feared might be there. Race, sexuality, and global warming were the buzzwords right up front. Money, the authors said, isn't as important as these issues. Our economic choices, therefore, must be weighted in their favor.

Oh boy. Here comes the welfare state.

 

Ignorance or Deceit?

Forget the dollar going where it's treated best. We apparently now must put it where it will be treated right, just, and fairly.

That's a big swing. And it's a recipe for mighty trouble.

If academia teaches anything but the fact that economics is entirely about self-interest and getting the most for the least, we're doing our students an incredible disservice.

Not only are we lying to them (in the name of silly politics), but we're setting them up for failure and dependency.

Take this recession debate we find ourselves mired in, for instance.

Since last December, we've said a recession would hit this year. Due to inflation, waning consumer savings, and peak employment, a downturn was inevitable.

It happened.

The American economy is smaller now than it was then.

There is no debating the numbers.

But many folks still argue against the idea. The reason is as scary as it is important.

 

Fueling the Gap

Wealth inequality, as many academics are oh so eager to point out, is greater today than at almost any time in American history.

The rich are getting richer, yes. But it's the dying middle class that's suffering the most.

 

 

Image – Share Aggregate Income

Source: Pew Research Center

 

It’s why the stock market can drop 20% – erasing trillions of dollars of wealth – and the political class can – rightly – say the majority of Americans aren’t feeling it.

Because so many citizens have failed to invest in the greatest wealth-generating machine in human history, our lawmakers (they aren’t leaders) can point to a jobs report filled with news of booming demand for workers who are willing to toil for $12 an hour… and claim economic victory.

But the undeniable truth is these folks are not better off, even if they can have their choice of entry-level, unskilled warehouse jobs.

The upper class is in a serious recession. But the vast majority of Americans are so insulated from it, that they don’t feel it.

The changing definition of mediocrity, we suppose, has its merits.

 

The Government “Solution”

Things get worse…

The book we thumbed through more than hinted at the power of the government. Reagan was wrong, it claimed. More government is better.

We just need a government the people trust, it said.

We chuckled at the naïveté. Then we cringed in fear that people actually believe such a thing is possible.

It’s tripe.

They believe that the path to economic equality, freedom, and self-preservation comes in the form of some supreme government that has not only all the answers but also an eagerness to dish them all out… without giving themselves just a little (or a lot) more.

That’s insanity.

History proves the notion is impossible. As the original sin in Eden illustrates, humans do not have the ability to govern without succumbing to corruption.

Just look at the news… and then read a history book (preferably one that’s been banned from a college campus).

 

Bring Back Sanity

If we want all those noble things so many folks are begging our keepers for, we need to not just understand the facts… but also take a strong reality check.

This world is tough – bordering on evil in many corners. We’ve seen it.

We can’t afford to gild the rules of the economy with gold that isn’t there. We need the truth.

We need to focus on independence, freedom from an all-powerful government, and the preservation of the self.

The rest will come on its own. We promise.

We didn’t have to finish the book to know how it ends.

If these agenda-driven scholars have their way, everybody will have less money… but the government will have more.

Sorry, but that never ends well.

Kids… don’t go to college.

Don’t feed those animals.

 


New Opportunities Are Emerging For Citizens of The World.

Freedom and democracy may appear to be struggling to stay alive in America, but there may be a knock-out punch ready to be released. The evolution of the blockchain-enabled metaverse is going to enable the 'Citizens of the World' to gain their own Freedom by democratizing power and creating a new world with new rules, new players, and new opportunities. For 99.99% of us, the metaverse will improve our real-world lives by democratizing power and opportunity.

Along with the major long-term trend of society towards decentralization and smaller-scale organizations, there are new opportunities developing to help 'Preparers' in the cryptocurrency sector. Businesses are beginning to issue their own Crypto Coins that can be traded on Cryptocoin Exchanges.

Markethive.com will release its HiveCoin (HIV) in the coming weeks. It has tremendous upside potential that is outlined in a Video by Founder Tom Prendergast, "Entrepreneur Advantage…".

Not only that, if you go to their website and register as a FREE Member, you will be given 500 HiveCoins for "FREE" along with access to several Earning Opportunities and online tools to increase your HiveCoin balance.

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Markethive

Tim Moseley

Gold silver gain a bit amid slightly tamer US inflation data

Gold, silver gain a bit amid slightly tamer U.S. inflation data

Gold and silver prices are modestly up in midday U.S. trading Wednesday, in the wake of a U.S. inflation report that came in not as hot as the marketplace expected. Gold prices hit a four-week high and silver prices a five-week high today. October gold futures were last up $3.70 at $1,805.10. September Comex silver futures were last up $0.273 at $20.755 an ounce.

The U.S. consumer price index report for July came in at unchanged from June and up 8.5%, year-on-year. The report was expected to be up 8.7%, year-on-year, after a rise of 9.1% in the June report. Gold prices initially rallied to a four-week high on the news, as the U.S. dollar index dropped sharply and U.S. Treasury yields declined. However, bond yields then ticked back up. Meantime, the U.S. stock indexes rallied amid “risk-on” trading attitudes that also worked to push the safe-haven metals down from their higher levels. After having a bit of time to think about today’s CPI data, traders and investors reckoned that while the data was a bit tamer, it still suggests problematic price inflation that will probably keep the Federal Reserve on its aggressive path of tightening U.S. monetary policy. Thursday comes the producer price index report for July, seen up 0.2% from June and compares to the June report’s rise of 1.1% from May.

For July, seen up 0.2% from June and compares to the June report’s rise of 1.1% from May.

Crypto markets get a boost as the Ethereum merge approaches

Global stock markets were mostly down overnight. In overnight news, China said it has stopped its military exercise around Taiwan, but now says it’s preparing for war. On the economic front, China said its consumer price inflation in July was up 2.7%, year-on-year, which is the highest rate in two years.

The key outside markets today see Nymex crude oil prices up and trading around $91.25 a barrel. The U.S. dollar index sharply lower and hit a four-week low today. The yield on the 10-year U.S. Treasury note is fetching around 2.7%.

Technically, October gold futures prices hit another four-week high today. The gold futures bears still have the slight overall near-term technical advantage. However, a fledgling price uptrend is in place on the daily bar chart to suggest more upside in the near term. Bulls’ next upside price objective is to produce a close above solid resistance at $1,850.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,750.00. First resistance is seen at today’s high of $1,814.40 and then at 1,825.00. First support is seen at today’s low of $1,793.00 and then at Tuesday’s low of $1,788.50. Wyckoff's Market Rating: 4.5.

September silver futures prices hit a five-week high today and scored a bullish “outside day” up on the daily bar chart. The bears have the slight overall near-term technical advantage. However, prices are in a fledgling uptrend on the daily bar chart. Silver bulls' next upside price objective is closing prices above solid technical resistance at $22.00. The next downside price objective for the bears is closing prices below solid support at $19.00. First resistance is seen at today’s high of $20.83 and then at $21.00. Next support is seen at today’s low of $20.315 and then at $20.00. Wyckoff's Market Rating: 4.5.

September N.Y. copper closed up 665 points at 365.20 cents today. Prices closed near the session high, hit a five-week high and scored a bullish outside day up today. The copper bears have the slight overall near-term technical advantage. However, prices are trending up on the daily bar chart. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 385.00 cents. The next downside price objective for the bears is closing prices below solid technical support at 340.00 cents. First resistance is seen at 370.00 cents and then at 375.00 cents. First support is seen at this week’s low of 353.15 cents and then at 350.00 cents. Wyckoff's Market Rating: 4.5.

By Jim Wyckoff

For Kitco News

Time to buy Gold and Silver on the dips

Tim Moseley

The Birth Certificate – A Spider’s Web of Deceit and Enslavement?

The Birth Certificate – A Spider’s Web of Deceit and Enslavement?

Was Slavery Ever Abolished?

In 2020 I found myself asking the question, ‘was slavery ever really abolished?’. This question came off the back of observing how seemingly overnight, the UK went from a country where we could question things to one where we could not. The feeling was stark, tangible, and sudden as if being coerced into a mental prison. 

It led to a deeper research process in search of the truth as to what was going on. For me, the so-called pandemic represented the middle pieces of a jigsaw puzzle without the edge pieces as a frame of reference. I concluded that even though slavery was supposed to have been abolished during the presidency of Abraham Lincoln (1861 – 1865 ), the opposite was true. While people were not going around in shackles and chains as depicted in the film Roots based on Alex Haley’s book, the marks were like electricity, unseen but tangible through its effects.

This article cannot do justice to an in-depth matter but focuses on the background that led to the creation of the birth certificate and why this is a core aspect of enslavement. It also suggests that the current global event needs to be scrutinized in a different context to that of a health pandemic alone. I provide you with key references for you to further your understanding and verify what is true.

Hiding In Plain Sight

The first discovery left me feeling embarrassed to be candid. I was looking at a £10 note one day while deep in reflection and decided to do an eye test with the small print.

Image source: Public Domain Pictures

Under the Bank of England title, you can see the words ‘I promise to pay the bearer on demand the sum of ten pounds’  [or five pounds, or twenty pounds]. I then asked myself, ‘I wonder what would happen if I took this to the bank and demanded the sum of ten pounds?’.

That's when it hit me afresh for the first time that I was holding fake money, an IOU note, a promissory, or a debt note. I knew about the gold confiscation back in 1933 and that our money had no real backing, yet some part of me still saw it as money because it was being used by everyone to pay for everyday stuff.

I was effectively operating in a debt system with fake money, and the proof was etched on the note hiding in plain sight. I had not truly seen it for what it was until this moment. But it went deeper than this.

I will return to the connection of the birth certificate, but if you take a close look at your birth certificate, it will have words to the effect that what you have in your hand is a ‘certified copy’ of an original entry from the Register Book of Births and with reference to the Registration Act [ 1836 – 1947 here in the UK ].

The First Big Reveal

I was aware that the private banks would print money out of thin air and into circulation. However, the empirical study and conclusion by economics professor Richard Werner took it much further. He demonstrated that banks don’t lend money and don’t take deposits, contrary to what we are told.

So if they don’t do that, what do they do? His answer – they are in the business of trading securities, and you and I are effectively that security through the productive energy of our lifelong work. You can read his abstract here.

He concludes that by sleight of hand and double bookkeeping entry, they turn you, the true creditor, into the debtor. We, the people, effectively become their collateral. I had to watch the video explanation several times to start to grasp what he was revealing. It felt like a corner piece of a jigsaw. It smelt like fraud! You can download Modern Money Mechanics, which expands on the nature of deposits, entries, and securities.

The Second Big Reveal

The second big reveal, which is related, comes in two parts and concerns all world governments, those officials that we supposedly elect to serve us in public service. They are not service entities, as we are led to believe. All governments and countries are registered corporations, which means their primary aim is to make profits. 

Furthermore, they are also bankrupt corporations and have been so for a very long time. Most if not all countries are operating in bankruptcy. For example, the USA was declared bankrupt in 1933 during Roosevelt’s presidency, and it is on record by executive orders 6073, 6102, and 6111, also confirmed in the United States Congressional Record, March 17, 1933.

You can do a search through Dun and Bradstreet and through an EDGAR search of the SEC website. The banking cartel are the creditors through the United Nations, World Bank, and IMF. The bankruptcy is rolled over every 70 years approximately.

The removal of the gold standard as backing for money is another layer of evidence of that bankruptcy and that the USA exists in theory only. I wonder what they did with all that gold? The United Kingdom was confirmed as bankrupt in 1799 through a freedom of information request to the debt management office.

Law enforcement agencies such as the courts and the police are also corporations. Add the Federal Reserve and the IRS to the list of corporations too. The IRS is based in Puerto Rico and admits that taxes are not compulsory in law, as we have been led to believe. These are recorded facts, not pure conjecture or conspiracy theories. Please look it up.

Let the implications of this sink in for a moment. We are being ruled by unelected officials who are not serving us but are bankrupt corporations, actors masquerading as a government, and passing laws by decree. We are unwittingly funding bankrupt corporations and their unlawful activities! They have no jurisdiction over us whatsoever, and yet we are operating within their system.

As an entrepreneur, you know that you cannot demand money from someone who is not in a business contract with you. That would be extortion. If you are bankrupt, you cannot carry out commercial activity under that business name?

So how is it that a corporation can make laws and demand money from you when they are bankrupt? How can they decree wars? How can they do this when they have no money and no jurisdiction over you whatsoever when you are not in a commercial contract with them? Unfortunately, you and I are unknowingly in a contract with them, and they borrow ‘the money’ into existence through our labor.

The Spider's Web

Like a spider’s web, the threads of enslavement by false contract were sown a long time ago. Here I want to point to two milestones in history in which the birth certificate plays a significant part. 

The First Milestone

Colonel Edward Mandell House, the advisor to President Woodrow Wilson, spoke in a private meeting about the plan to enslave all Americans (1913-1921). Here is an excerpt:

‘..soon every American will be required to register their biological property in a national system designed to keep track of the people, and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will affect our security as a chargeback for our fiat paper currency…

…they will be stripped of their rights and given a commercial value designed to make us a profit, and they will be none the wiser for not one man in a million could ever figure our plans; and if by accident one or two would figure it out, we have in our arsenal plausible deniability…

..This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud, which we will call “social insurance”….and we will employ the high office of the President of our dummy corporation [“the UNITED STATES” to foment this plot against America.”

The birth certificate is the biological property referred to above. The registrations came into force in the UK in 1836. The date may vary where you live. What happens essentially is that when your birth is registered, your name is used to set up a dummy corporation using your national insurance number or equivalent. That entity becomes a security traded on the stock markets. I was able to check mine out and verify this in the UK with reference to the instruction on this video by Observation Deck using sort codes and IBAN checker.

It is the corporatization of your birth certificate which removes the rights of you as a private living soul, with unalienable rights and creditor to your ‘estate.’ It changes your status to one of being in the public domain as a debtor with possession use only and no legal rights. 

Image Source: Freedom River

In essence, anything you register, such as a passport or driving license, is effectively giving power of attorney to the state. All bills are addressed to the corporate version of you. Three key corporations seem to be implicated in the social engineering that is playing out – namely the City of London, Washington, and The Vatican.

The Second Milestone

As you can see, this plan has been over one hundred years in the making, and I suspect it goes back much further. The groundwork for the birth certificate registrations was laid further back in time. Let’s look at the Vatican.

The Papal Bulls

Image Source: Papal Bulls Free Image

Unam Sanctum Trust AD 1302

An express trust deed which declares that every living soul is to be registered as property to the Vatican.

Romanus Pontifex Trust AD 1455

The first crown, via the C’est Que Vie Trust – All land is claimed as Crown Land.

Aeterni Regus AD 1481

The second crown, via the C’est Que Vie Trust, when a child is born, the birth certificate is sold as a bond to the central bank; hence you are now in servitude.

Convocation AD 1537

The third crown, via the C’est Que Vie Trust, comes into force with reference to a child’s baptism. This means no legal title over your soul; you are deemed as cargo lost at sea, a lost soul which they claim, under the Maritime Law. The Cest Que Vie Trust was revised in 1666.

Image Source: Freedom River

The Vatican appears to be highly complicit in the ownership of you and all your possessions. Who would have thought they would feature heavily in this crime and fraud? I suspect this goes back even further in time. The old testament is littered with the ongoing theme of ‘set my people free.’ So these two further milestones strongly point to enslavement as an ongoing theme.

Why has this gone unopposed in the main for so long? Some aspect of this lies in the fact that most of us reading this were born into a society where debt is the norm and have become conditioned by this. Normal does not make it right, though. The other important factor lies in how the web of lies is spun. History has been hidden from us for so long where the truth is concerned. Like a spider’s web, the initial moves are imperceptible and sugar-coated with benefits and some truth to hook people in. 

The subtle use and change of language to deceive by broadening the scope of what it means, is a key strategy used, particularly in law. When you think of LAW, there appear to be three layers – Common Law (land), Equity Law (air), and Maritime Law (sea, commerce). We are operating under maritime law, not common law, as was the original underpinning of the constitution. Bear in mind that though the focus is on America here, it applies worldwide.

So we have been unwittingly ensnared and are complicit in the fraud by ignorance. The establishment relies on status, power, and your ignorance to get your buy-in. Once they have that locked in, they use fear and coercion to keep you there.

The Good News

The good news is that all contracts obtained by deception are null and void. The challenging aspect of this is the redress, and it is not something that can be avoided if the corruption is to be corrected. There are two choices as I perceive it. Do nothing and become knowingly complicit in the fraud or apply redress.

Remedy

The practical remedies seem to range from removal of consent, to contract to application of equity courts using private law, rather than a simple verbal declaration of non-consent. There are educational videos on youtube, paid educational courses, and advocacy services around the globe. Here are a few.

In Australia, there is Solutions Empowerment; in the USA, there is You Are Law; in the UK, The Peoples’ Lawyer. Look up your resources according to your country. A warrior calls was the start of my journey. There are many resources for help and many individuals who have applied redress successfully. One of my colleagues is successfully redressing his credit and his mortgage claim in the UK via an advocacy service. Others have struggled.

What you choose to do will depend on a number of factors. However, since all change starts with perception, and ours was framed by the deception of language, redress needs to start with perception of what is true.

So it is important to do the following:

1) Use the key reference points here and beyond to conduct due diligence and verify the matter for yourself.
2) Connect with like-minded people and learn to overcome fear because fear is like oxygen to the establishment.
3) Educate yourself on the various remedies and their format, whether it be DIY or advocacy based.
4) Apply with assistance or on your own, depending on your needs.
5) Put new structures in place that make the old obsolete.                                                                                   

What has been relayed here has huge ramifications if you decide it is true. I, for one, do not consider it an option to do nothing and am applying the above steps. The inner work is essential first. If you need to get a better grasp of the issues highlighted here, I recommend three resources.

Freedom River gives a diagrammatic overview of the key themes, and expands on them through various resources. The next one is more of a booklet than a book, Meet Your Strawman and Whatever You Need to Know, gives a simple overview and insight into the key issues in layman's terms.

Fruits from A Poisonous Tree by Melvin Stamper in 2008 is a book by a former marine who gives a more in-depth and comprehensive exposition with his remedy, case law, and constitutional law references. His intensive research and investigation led to the discovery of mass fraud by government edict, and his conscience would not allow him to remain quiet and do nothing.

What you do with this information is in your hands. You are not an enemy of the state as deemed by a certain global cult. Now more than ever, we need to let the light of our divine creation shine through and dispel the darkness and corrupt structures that govern our world. You are a living soul. Make true freedom your objective in all you be and do. Our planet depends on this.

 

 

About: Anita Narayan. (United Kingdom) My life's work is about helping individuals to greater freedom through joy and purpose without self-sabotage, so that inspirational legacy can serve generations to come. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

Tim Moseley

Organic Prospects Review

Organic Prospects Review

organicprospectscom

If you are looking for fresh leads, Organic Prospects is a great choice. This membership site offers you a list of 70 new leads daily. Each lead is unique and is graded within 48 hours. To keep your list fresh and full of prospects, Organic Prospects grades all leads within 48 hours. As a member, you will receive 70 leads each day that are completely unique. What's great about Organic Prospects is that you can easily filter out the leads that are not suitable for you.

Compensation plan

One of the main benefits of Organic Prospects is its compensation plan. It pays you for every referral you make to new affiliates. You receive seventy-five percent commissions from new affiliates that sign up after you. Then you earn a percentage for every lead that reaches an interest score of 85% or higher. Organic Prospects compensates affiliates through a five-level unilevel compensation plan. You earn up to $1,500 in commissions if you recruit one new affiliate each month.

Quality of leads

Until recently, service firm leaders assumed that there are hundreds of thousands of great new prospects. But, what about the quality of those prospects? What separates them from the bad ones? Can the firm pull them into a business relationship? How do they separate the bad ones from the good? Read on to learn how you can determine if organic prospects are good or not. Listed below are some things you should know. Then, you can decide whether to join the program.

Cost of membership

The cost of Organic Prospects membership is quite reasonable considering the quality of the service and the fact that it is budget-friendly. Although this service does not promise you to become a high-functioning business, it will provide you with the tools you need to succeed. You will just have to put in a little effort to make it work. There are many other business building services out there that promise the same thing. Organic Prospects is no different.

Greg Stinton & Aaron Warner

The founders of Organic Prospects, Greg Stinton and Aaron Warner, have been doing everything in online marketing since 2003. They have created a program that connects businesses with prospects. Their process starts by rating prospects based on their Genuine Interest. It runs from 0% to 100%, depending on how much a prospect really wants to learn about home-based businesses. Then, a prospect is left if they have a Genuine Interest level of over 75%.

https://www.organicprospects.com/?ref=rrtate

Tim Moseley

Gold pops to 4-week high on friendlier charts weaker USDX

Gold pops to 4-week high on friendlier charts, weaker USDX

Gold prices are moderately up and hit a four-week high in midday U.S. trading Tuesday. The yellow metal was boosted by technical buying, a weaker U.S. dollar index and even by some light safe-haven demand. October gold futures were last up $9.20 at $1,803.60. September Comex silver futures were last down $0.119 at $20.495 an ounce.

Traders are awaiting two key U.S. inflation reports that are on deck. Wednesday comes the consumer price index report for July, which is seen coming in up 8.7%, year-on-year, after a rise of 9.1% in the June report. Thursday comes the producer price index report for July, seen up 0.2% from June and compares to the June report’s rise of 1.1% from May.

Global stock markets were steady to mixed overnight. U.S. stock indexes are weaker at midday. Corporate earnings reports are in focus for stock traders this week. China-Taiwan tensions remain high as China is conducting military exercises near Taiwan, with Taiwan saying it will conduct its own military maneuvers. This geopolitical matter is likely prompting some safe-haven demand for gold, especially from Asians.

Solana hack can happen 'on any blockchain'; Open-source code and user privacy are essential to prevent this – Brian Norton

The key outside markets today see Nymex crude oil prices weaker and trading around $90.25 a barrel. The U.S. dollar index is modestly lower in midday U.S. trading. The yield on the 10-year U.S. Treasury note is fetching 2.783%.

Technically, October gold futures prices hit a four-week high today. The gold futures bears still have the slight overall near-term technical advantage. However, a fledgling price uptrend is in place on the daily bar chart to suggest more upside in the near term. Bulls’ next upside price objective is to produce a close above solid resistance at $1,850.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,750.00. First resistance is seen at today’s high of $1,806.00 and then at 1,825.00. First support is seen at today’s low of $1,788.50 and then at this week’s low of $1,776.20. Wyckoff's Market Rating: 4.5.

September silver futures bears have the overall near-term technical advantage. However, prices are in a fledgling uptrend on the daily bar chart. Silver bulls' next upside price objective is closing prices above solid technical resistance at $22.00. The next downside price objective for the bears is closing prices below solid support at $19.00. First resistance is seen at this week’s high of $20.745 and then at $21.00. Next support is seen at $20.25 and then at $20.00. Wyckoff's Market Rating: 4.0.

September N.Y. copper closed up 65 points at 359.30 cents today. Prices closed near mid-range and hit another five-week high today. The copper bears have the overall near-term technical advantage. However, prices are trending up on the daily bar chart. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 385.00 cents. The next downside price objective for the bears is closing prices below solid technical support at 330.00 cents. First resistance is seen at today’s high of 363.05 cents and then at 370.00 cents. First support is seen at this week’s low of 353.15 cents and then at 350.00 cents. Wyckoff's Market Rating: 4.0.

By Jim Wyckoff

For Kitco News

Time to buy Gold and Silver on the dips

Tim Moseley

3 Things Most People Don’t Know About Gold Bitcoin and Money

3 Things Most People Don't Know About Gold, Bitcoin, and Money

by Nick Giambruno, International Man Communique

 

3 Things Most People Don't Know About Gold, Bitcoin, and Money

 

Bitcoin Has Been Likened To The Platypus…

The platypus is a strange duck-billed mammal with webbed feet and a furry body like a beaver. It has characteristics of birds, mammals, and reptiles. Females lay eggs but also nurse their young with milk. Males produce a potent venom.

When Europeans discovered the platypus in Australia in 1798, they wrote letters to folks at home to describe this bizarre new animal. People thought the platypus was a joke or a hoax—because it didn’t fit into the classification of animals at that time.

But it was a real animal.

People just didn’t understand it because it was a new thing that didn’t fit into the established paradigms.

Bitcoin is much the same. It doesn’t fit into the framework of traditional financial analysis metrics.

There is no P/E (price-to-earnings) ratio because Bitcoin has no earnings.

There is no P/B (price-to-book) ratio because Bitcoin has no book value.

Bitcoin has no CEO, no marketing department, and no employees.

Bitcoin is an entirely new asset people are adopting as money because of its superior monetary properties, namely its resistance to inflation.

The monetization of a new global money is genuinely unlike anything anyone alive has ever seen before. There is nothing else comparable.

Like the platypus, Bitcoin is an entirely new animal. That’s why Bitcoin confuses many people, including prominent investment professionals.

It’s not uncommon for it to take years for someone to really get Bitcoin. It requires an understanding of economic incentives, technology, cryptography, financial markets, and other fields.

But, by far, the most important way to understand Bitcoin is first to understand money, which anyone can do.

Fortunately, it no longer takes years to understand Bitcoin. There is a wonderful body of knowledge that connects the dots in a way that wasn’t available in the early years. I believe that anyone who does the homework to really understand Bitcoin will reap significant dividends in the future.

I think Bitcoin has revolutionary implications, as much or more than the printing press, the invention of gunpowder, the Internet, and other historical innovations that overturned established paradigms.

I’ll take you down the Bitcoin rabbit hole and show you where I think it goes.

It is essential to start with the basics as a sound foundation and build from there in understanding Bitcoin. Doing it any other way will likely end with confusion or faulty conclusions.

 

What Is Money?

Although people use money daily, few consider what it actually is or what makes for good money.

Asking people, "what is money?" is like asking a fish, "what is water?"

The fish probably doesn’t even notice the water unless it becomes polluted or something is wrong.

Money is a good, just like any other in an economy. And it isn’t a complex notion to grasp.

It doesn’t require you to understand convoluted math formulas and complicated theories—as the gatekeepers in academia, media, and government mislead many folks into believing.

Understanding money is intuitive and straightforward.

Money is simply something useful for storing and exchanging value. That’s it.

Think of money as a claim on human time. It’s like stored life or energy.

Unfortunately, today most of humanity thoughtlessly accepts whatever their government gives them as money. However, money does not need to come from the government. That’s a total misnomer that the average person has been hoodwinked into believing.

It would be similar to transporting yourself back in time and asking the average person in the Soviet Union, "Where do shoes come from?"

They would say, "Well, the government makes the shoes. Where else could they come from? Who else could make the shoes?"

It’s the same mentality here regarding money today—except it’s much more widespread.

The truth is money doesn’t need to come from the government any more than shoes do.

People have used stones, glass beads, salt, cattle, seashells, gold, silver, and other commodities as money at different times.

However, for over 2,500 years, gold has been mankind’s most enduring form of money.

Gold didn’t become money by accident or because some politicians decreed it. Instead, it became money because countless individuals throughout history and across many different civilizations subjectively came to the same conclusion: gold is money.

It resulted from a market process of people looking for the best way to store and exchange value.

So, why did they go to gold? What makes gold attractive as money?

Here’s why.

Gold has a set of unique characteristics that make it suitable as money.

Gold is durable, divisible, consistent, convenient, scarce, and most importantly, the "hardest" of all physical commodities.

In other words, gold is "hard to produce" relative to existing stockpiles and the one physical commodity most resistant to inflation of its supply. That’s what gives gold its monetary properties.

Bitcoin shares many of the same attributes as gold that make it attractive as money. That’s why it is often referred to as "digital gold."

Like gold, Bitcoin does not have counterparty risk, and nobody can arbitrarily inflate the supply.

At this point, some people might say, "wait, Bitcoin doesn’t have intrinsic value or industrial use. It’s more like fiat money. So how can it even be compared to gold?"

Before we go further, it’s important to make three clarifications to address common misunderstandings.

There is No Such Thing as Intrinsic Value

One of the first—and most important—things free-market Austrian economics teaches is that all value is subjective.

There is no such thing as inherent or intrinsic value.

Something only has value because individuals subjectively determine it has value to them.

For example, when people didn’t understand what crude oil was, they’d find it in their backyards and think it was waste. So they’d pay to have it removed from their property.

Later, once people understood the economic potential of crude oil, it was transformed from unwanted waste into a lucrative commodity.

The oil didn’t change; it was still the same oil. What changed was how people valued it.

Marxists differ in that they falsely believe that labor has inherent or intrinsic value. But this ridiculous notion is easily debunked.

The great economist Murray Rothbard explains this by asking people to try to make and sell mud pies—not chocolate desserts, but pies literally made of dirt.

According to the Marxists, the pies have objective and intrinsic value because of the labor someone put into making them. But good luck getting someone to pay for them voluntarily.

The concept that all value is subjective applies to all goods, including monetary goods like gold and Bitcoin.

 

Bitcoin is Not Fiat Money

Bitcoin is a free-market form of money.

Over 114 million people worldwide have subjectively determined that Bitcoin has value to them. They voluntarily chose to exchange other forms of value for Bitcoin. They did not choose Bitcoin because legal tender laws or government decrees forced them to, as they do for fiat money.

The Oxford English Dictionary defines fiat money as "inconvertible paper money made legal tender by a government decree."

Bitcoin is clearly not fiat money.

 

Industrial Use Doesn’t Make a Good Money

According to the latest annual data from the World Gold Council, total gold demand is broken down into the following uses: jewelry (55%), investment (25%), central banks (12%), and industrial (8%).

According to the latest annual data from The Silver Institute, total silver demand is broken down into the following uses: industrial (51%), jewelry (17%), investment (27%), silverware (4%), and hedging (1%).

Indians, Chinese, and other Asians account for a large portion of global gold jewelry demand. While there isn't any precise data, I estimate that many people also use gold jewelry as a store of value—a monetary use.

Putting it all together, I estimate that monetary uses are responsible for around 86% of gold’s demand. Industrial and non-monetary uses account for a relatively small part (14%).

Silver is the opposite. Industrial and non-monetary uses account for about 73% of its overall demand, with monetary use making up 27%.

Finally, Bitcoin is a purely monetary good; it has no industrial or non-monetary utility.

Some people incorrectly reason that Bitcoin can’t be good money because it doesn’t have any industrial use or non-monetary utility.

However, that is not needed to make something money. The use of something as money itself is sufficient for it to be money.

The fact that gold has some industrial use doesn’t give it its superior monetary properties.

People value gold as money primarily because it’s the one physical commodity most resistant to inflation—not because it’s used in dentistry, electronics, or other industries.

On the contrary, I’d argue that gold’s relatively small industrial uses do not enhance its monetary characteristics. If they did, then why aren’t metals with more industrial use—like copper or nickel—more desirable as money?

When it comes to money, I’m only interested in its ability to store and exchange value. I’m not interested in something whose value is hostage to the whims of ever-changing industrial conditions.

This is why industrial use is not a monetary benefit but, in fact, a potential detriment.

Here’s the bottom line.

Bitcoin is misunderstood by almost everyone. But that’s actually a huge blessing in disguise.

This information asymmetry gives us a rare chance to make smart speculations before the crowd figures out what is really happening.

However, historically, Bitcoin’s biggest moves to the upside happen very quickly…

That's why many miss out on making fortunes from Bitcoin… and live to regret it.

I think the next big move could happen imminently.

Those who simply buy Bitcoin should do well.

 


New Opportunities Are Emerging For Citizens of The World.

Freedom and democracy may appear to be struggling to stay alive in America, but there may be a knock-out punch ready to be released. The evolution of the blockchain-enabled metaverse is going to enable the 'Citizens of the World' to gain their own Freedom by democratizing power and creating a new world with new rules, new players, and new opportunities. For 99.99% of us, the metaverse will improve our real-world lives by democratizing power and opportunity.

Along with the major long-term trend of society towards decentralization and smaller-scale organizations, there are new opportunities developing to help 'Preparers' in the cryptocurrency sector. Businesses are beginning to issue their own Crypto Coins that can be traded on Cryptocoin Exchanges.

Markethive.com will release its HiveCoin (HIV) in the coming weeks. It has tremendous upside potential that is outlined in a Video by Founder Tom Prendergast, "Entrepreneur Advantage…".

Not only that, if you go to their website and register as a FREE Member, you will be given 500 HiveCoins for "FREE" along with access to several Earning Opportunities and online tools to increase your HiveCoin balance.

Be sure to check it out today – Markethive.com

Markethive

Tim Moseley

Gold silver boosted by falling USDX US bond yields rising oil

Gold, silver boosted by falling USDX, U.S. bond yields, rising oil

Gold and silver prices are higher, with silver sharply up and hitting a five-week high in midday U.S. trading Monday. The precious metals were boosted today by a weaker U.S. dollar index and falling U.S. Treasury bond yields, as well as a rally in the crude oil market today. Some modest safe-haven demand was also featured in gold and silver. October gold futures were last up $12.70 at $1,793.00. September Comex silver futures were last up $0.808 at $20.645 an ounce.

Global stock markets were mixed to slightly up overnight. U.S. stock indexes are weaker at midday. Corporate earnings reports will be in focus for stock traders this week. We are in the “dog days” of summer, whereby trading volumes in many markets wane as traders and investors step away from markets and take family vacations. Much of Europe is on vacation during August. Markets are likely to be mostly quieter until after the U.S. Labor Day holiday in early September.

Traders are still watching China's military exercises near Taiwan. A Wall Street Journal headline reads, “China's military exercises showcase modern fighting force preparing for possible war in the Taiwan Strait.” This news is also likely keeping a modest safe-haven bid in the gold market.

Crypto exchanges are in the hot seat as regulators look to clamp down on the volatile asset class

The key outside markets today see Nymex crude oil prices higher and trading around $90.50 a barrel. Crude oil last Friday hit a 4.5-month low. The U.S. dollar index is lower at midday. The yield on the 10-year U.S. Treasury note is fetching around 2.8%. The 2-year U.S. T-note yield is 3.209, which has the yield curve still inverted and is one clue the U.S. is in or headed toward economic recession.

Technically, October gold futures bears still have the overall near-term technical advantage. However, a fledgling price uptrend is still in place on the daily bar chart to suggest a market bottom is in place. Bulls' next upside price objective is to produce a close above solid resistance at $1,850.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,720.00. First resistance is seen at the August high of $1,801.00 and then at 1,825.00. First support is seen at today's low of $1,776.20 and then at $1,769.50. Wyckoff's Market Rating: 4.0.

September silver futures prices hit a five-week high today. September silver futures bears have the overall near-term technical advantage. However, prices are in a fledgling uptrend on the daily bar chart. Silver bulls' next upside price objective is closing prices above solid technical resistance at $22.00. The next downside price objective for the bears is closing prices below solid support at $19.00. First resistance is seen at today's high of $20.745 and then at $21.00. Next support is seen at $20.51 and then at $20.00. Wyckoff's Market Rating: 4.0.

September N.Y. copper closed up 450 points at 359.70 cents today. Prices closed nearer the session high and hit a five-week high today. The copper bears have the overall near-term technical advantage. However, prices are trending up on the daily bar chart. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 385.00 cents. The next downside price objective for the bears is closing prices below solid technical support at 330.00 cents. First resistance is seen at today's high of 362.25 cents and then at 370.00 cents. First support is seen at today's low of 353.15 cents and then at 350.00 cents. Wyckoff's Market Rating: 3.5.

By Jim Wyckoff

For Kitco News

Time to buy Gold and Silver on the dips

 

Tim Moseley

One of the Biggest Threats in the World Today

One of the Biggest Threats in the World Today

by Jeff Brown, editor, The Bleeding Edge

 

The China and Taiwan conflict.

 

Last week, Nancy Pelosi’s trip to Taiwan put the tensions in that region of the world back in the spotlight.

China and Taiwan sit within 200 kilometers of each other… And China has long claimed Taiwan as part of its territory despite Taiwan’s independent governance.

 

 

And there’s one critical reason this dispute should get everyone’s attention… Taiwan is the epicenter of the most advanced semiconductor manufacturing in the world.

Taiwan Semiconductor Manufacturing Company – abbreviated as TSMC produces the most advanced semiconductors in the world, working years in advance. It is the most important company on the planet, but very few people even know it exists.

If China were to take control of Taiwan, it would create a massive global crisis.

Taiwan-based chipmakers like TSMC are responsible for the semis in almost all of our electronics – from medical devices and home appliances to our cars and phones… and beyond.

This would give China the ability to control, alter, allocate, or completely stop the supply of key semiconductors in electronics that we use and need every day.

 

Military Protection Isn’t Enough

Now, some believe that Taiwan is fine. It's very hard to land there… We've got all of these military installments… China can't possibly breach Taiwan…

 

 

But when we think like a military strategist, we get a very different view:

 

 

A million troops versus Taiwan's 88,000. Destroyers – 32 versus 4. 1,600 fighters versus Taiwan's 400. And China has 450 bombers in attack planes, whereas Taiwan has zero.

That doesn't look too good…

But this is also a mistake.

The reality is that China is already there.

 

A Different Kind of Attack

China has been in Taiwan for decades. And they've been slowly building administrative control over Taiwan… just as they did for Hong Kong.

Hong Kong was handed over from the British to China. The move was already in the works for decades. Many were fearful of what might come once the handover was complete.

Ironically, they were correct in their concerns. But they were wrong about the timeframe. China took more than two decades to slowly and methodically take complete control. This is a slow, methodical process that continues to unfold today.

China is brilliant at playing the long game. So it's already happening in Taiwan whether we realize it or not.

It’s now just a matter of time until it asserts control. Any military presence will largely be just for show, and it will make for flashy headlines in the media.

But executives in the industry have known this, and they’ve been taking action.

Last year, Intel announced a new $20 billion investment in Arizona to build two semiconductor plants.

And at the start of this year, it said it’s making a $100 billion investment in Ohio – the heartland. They want to build the world's largest semiconductor manufacturing facility in cornfields.

This is not happening in Silicon Valley. This is extraordinary – and it’s the most exciting thing I've seen from Intel in a decade.

Likewise, Intel is also planning to build a $19 billion mega factory in Europe.

And Intel isn’t acting alone…

Samsung is planning to construct a $17 billion chip plant in Texas by 2024.

And returning to TSMC – it’s in the process of building a $12 billion in Arizona.

Why is TSMC building in the United States? Why would they do that?

Because they're scared that they're going to be taken over when China asserts control. They have to diversify their supply chain. They've got to bring its manufacturing onto soil where they know they can keep producing semiconductors and then ship them elsewhere.

It's a serious problem. It’s also why TSMC is in discussions to build a multibillion-dollar manufacturing plant in Singapore, and another in Japan.

Another company, Micron, is looking to spend as much as $40 billion in either Arizona or Texas.

ON Semiconductor, GlobalFoundries, and Akoustis – among others – are likewise making moves to expand and upgrade their facilities.

And the good news is that these semiconductor companies are finally getting some legislative support…

 

Incentivizing the Right Behavior

Policy and legislation are finally moving in the right direction on this subject.

Both the House and the Senate approved the CHIPS Act at the end of July. This will be a boon for U.S. manufacturing, as it offers great incentives for expansion and research.

This bill is long overdue. As we’ve just seen, the global architecture for manufacturing has been shifting from centralized to decentralized for years now, and the pace is picking up.

The cost advantages of manufacturing in mainland China have narrowed. And the importance of secure supply chains for critical components has never been better understood than it is today.

And the CHIPS Act isn’t the only potential legislation to move us in the right direction…

Another group of policymakers has proposed the FABS Act, which would offer tax credits for constructing and upgrading semiconductor manufacturing equipment. This is actually smart legislation – and it incentivizes the right behavior.

But the key point is, that all of those announcements – for the investment I mentioned above – happened before the government offered up anything.

The industry has been on top of this for the last decade.

China still poses a big threat to Taiwan – and through it, a threat to the world.

But as we can see, the industry – and now the government – isn’t sitting on its heels. We’re going to see more announcements of new fabs in the U.S. and around the world in the near future.

While it will take time for the industry to adjust to this new dynamic and build out the necessary infrastructure, we’re on the right track.

And in the meantime, the money flowing toward the semiconductor industry will prime a number of our investments in this space going forward…

 


New Opportunities Are Emerging For Citizens of The World.

Freedom and democracy may appear to be struggling to stay alive in America, but there may be a knock-out punch ready to be released. The evolution of the blockchain-enabled metaverse is going to enable the 'Citizens of the World' to gain their own Freedom by democratizing power and creating a new world with new rules, new players, and new opportunities. For 99.99% of us, the metaverse will improve our real-world lives by democratizing power and opportunity.

Along with the major long-term trend of society towards decentralization and smaller-scale organizations, there are new opportunities developing to help 'Preparers' in the cryptocurrency sector. Businesses are beginning to issue their own Crypto Coins that can be traded on Cryptocoin Exchanges.

Markethive.com will release its HiveCoin (HIV) in the coming weeks. It has tremendous upside potential that is outlined in a Video by Founder Tom Prendergast, "Entrepreneur Advantage…".

Not only that, if you go to their website and register as a FREE Member, you will be given 500 HiveCoins for "FREE" along with access to several Earning Opportunities and online tools to increase your HiveCoin balance.

Be sure to check it out today – Markethive.com

Markethive

Tim Moseley

Ethereum 20 and the Merge: What You Need to Know About the Transition

Ethereum 2.0 and the Merge: What You Need to Know About the Transition.

The Ethereum Merge has been one of the hottest topics in the cryptocurrency community lately. In this article, you will get to know about it and when Ethereum 2.0 will appear. Ethereum, the most popular altcoin and second most traded cryptocurrency, is planning a major software update that could affect your crypto investments.

After years of being the #1 smart contract blockchain, Ethereum is transitioning to a less energy-intensive technology. You may have heard of the planned update for Ethereum 2.0 or Eth 2.0, but the Ethereum Foundation is now calling it the Ethereum merger.

The move is expected to reduce Ethereum's power consumption by 99% while reducing the net issuance of the asset. Many expect the issuance of ETH to be a net negative, earning it the nickname "ultrasound currency."

The following focuses on the details of the merger, some brief technical details, and a timeline, and debunks some of the most common misconceptions.

What is The Merge?

As mentioned above, "The Merge" describes Ethereum's transition from a proof-of-work consensus algorithm to a proof-of-stake algorithm.

Ethereum gives a precise definition of the term here:

"The Merge represents the joining of the existing execution layer of Ethereum (the mainnet we use today) with its new proof-of-stake consensus layer – the Beacon Chain."

 

Source: Ethereum.org

This is to handle the energy-intensive mining process while securing the network with staked ETH. The move aims to ensure greater security, sustainability, and scalability for the Ethereum network.

Let's dig deeper into the technical aspects for greater clarity and understanding.

Beacon Chain: ETH 2.0 Processing Engine

The Beacon Chain is the important feature of the Ethereum 2.0 architecture. It exists and operates in parallel as an independent blockchain of the Ethereum network. It does not process transactions on the main network but achieves consensus on its own. This is done by agreeing on active checkers and their account balances.

Unlike the Ethereum network, which still operates through proof-of-work, the signal chain is powered by a consensus algorithm. It was developed on December 1, 2020.

In short, the Beacon Chain has so far served as the de facto testnet for Ethereum 2.0, but all of this will change with the merger.

As shown in the diagram above, the merger represents the moment when two systems (Ethereum mainnet currently running on PoW and the beacon chain running on PoS) come together. This merge will replace the PoW consensus algorithm with Proof-of-Stake (PoS).

This holds up some substantial implications for the network, but the crucial considerations include:

  • No history will be lost
  • Funds are safe
  • No more mining of ETH

When Will the Merge Happen?

It's worth noting that Ethereum 2.0 has been in development for years, and the exact date of the "merger" always looks like something might happen in the not-too-distant future.

All of the delays ended on July 14, 2022, when a member of the Ethereum Foundation shared a timeline showing what came to be known as a "soft" timetable for the merger.

The Superphiz timeline shared on Twitter includes a specific client release date and the so-called The Merge date. Despite the date, Superphiz also stated that "this merger timeline is not final," The developer stressed that people should "consider it as a planning timeline, and keep an eye out for any official announcements. The call, titled "PoS Implementers' Conference Call" Document #91 – 2022-07-14" states that the "proposed" timeline for discussion is as follows:

  • Goerli/Prater client releases 27th or 28th of July.
  • Announce 28th/29th.
  • Prater Bellatrix on the 8th of August
  • Goerli Merge on the 11th.
  • ACD 18th August plan mainnet Merge:
  • Bellatrix early September;
  • Merge two weeks later (week of Sept 19th).

As shown above, the merger is scheduled to take place on September 19, 2022, barring unforeseen events, including "the Goerli merger won't blow up." That date is not set in stone, though; delays may occur if complications arise.

Get Ready for The Merge?

This is one of the most significant events in the entire history of the cryptocurrency industry, so many bad actors will likely try to take advantage of it and scam innocent people.

Hence, it is essential to know that ETH users and holders do not need to do anything with their funds or wallets before merging.

The entire history of Ethereum – dating back to its creation, will remain unchanged and intact after the transition to PoS. Even after the merger, all funds in the wallet will still be accessible, and there is no need to upgrade on behalf of users and holders. 

Moreover, as part of the preparation for regular traders, it’s imperative to know that you are not expected to take any action for the upgrade. Beware of scammers who would want to rip you off your coins.

Ethereum Network After the Merge

One of the major promises of Ethereum 2.0 is that of scalability, and Vitalik Buterin claimed that the network would be able to process 100,000 transactions per second. However, The Merge is just the first stage of five from the protocol’s incoming development. These phases will see ETH 2.0 evolve into a full-fledged platform capable of handling millions of daily users.

It means there will be many more potential uses for the cryptocurrency than just smart contracts, like an app store or even gambling sites. If the Ethereum developers want ETH 2.0 to become one of the significant blockchains used worldwide, they need to ensure that the tech is scalable enough to handle all the projects on their roadmap.

The five developmental stages are as follows:

The Merge
This is the proof-of-work to proof-of-stake conversion discussed hereafter, merging Ethereum's current mainnet with the beacon chain.

The Surge
At this stage, this is what sharding brings to the protocol. A scaling solution divides the network into separate partitions called "shards" to spread workloads across the main network.

The Verge
This phase refers to the introduction of the so-called "Verkle tree." It includes an upgrade to Merkle Proofs designed to optimize data storage for Ethereum nodes.

The Purge 
Also, this upgrade affects validator data storage and reduces the disk space required by validators, optimizing network congestion.

The Splurge
This is the last upgrade in the pipeline and is intended to provide various progress updates to ensure the network's overall smooth operation.

Misconceptions About the ETH 2.0

As with all highly anticipated major events, the cryptocurrency community has had many common misconceptions floating around for some time now. Below are five of the most common.

It needs to stake 32 ETH to run a node
There are two kinds of nodes on the Ethereum network – the ones that can propose blocks and those that cannot. Those not required to commit ETH do not propose blocks, but they are also an integral part of network security, as they hold all block proposers accountable.

Gas fees will be reduced after the merger
The merger will change the general consensus algorithm and will not increase network capacity – and, therefore, will not result in lower gas tariffs. However, scaling solutions are being developed to do this, most of which are layer 2.

Transaction speed will be greatly improved
Transaction speeds on the merged mainnet will remain relatively unchanged, albeit with some minor changes.

Consolidation will cause downtime for the entire network
Merge upgrades are designed to avoid downtime. The network should always behave as expected except for minor issues, which are usual with software installation.

All staked ETH will be withdrawn after the transition
Validators leaving the network are rate limited. This is for security reasons. There is a limit to allow withdrawals of around 43,200 ETH per day. As of this writing, more than 13 million ETH has been staked in ETH 2.0.

Summary 

All in all, The Merge is undoubtedly one of the most important moments in the history of cryptocurrencies, as one of the greatest protocols is about to undergo a huge change. Now that the timetable is in place, all of this has been tightened considerably, albeit "softly." However, there are still many details we don't know yet, and no doubt they will be revealed in due course, so it's best not to get too excited or nervous yet.

 

 

 

About: Prince Chinwendu. (Nigeria) Rapid and sustainable human growth is my passion, and getting a life-changing opportunity into the hands of people is my calling. Empowering entrepreneurs provides me with enormous gratification. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

Tim Moseley

MARKETHIVE THRIVES – Announcements Forthcoming

MARKETHIVE THRIVES – Announcements Forthcoming

Markethive will soon make history with the impending wallet release and the cessation of the Entrepreneur One (E1) upgrade subscription to new members. The current E1s will continue as usual and receive one-tenth or 0.1 ILP every year when completing 12 consecutive monthly payments per year. 

Acquiring the ILP entitles you to 20% of Markethive’s net revenue per month. You are considered an early adopter and shareholder in the company, which is the first of its kind to integrate blockchain technology and cryptocurrency micropayments, thereby creating an ecosystem for the entrepreneur.  

In other words, Markethive is not just a social media site where people gather. It’s not just an inbound marketing or broadcasting platform where the marketer or creative pays for its services. Blockchain and cryptocurrency have enabled Markethive to offer its users many opportunities to create an income, the most lucrative being the ILP. 

By upgrading to Entrepreneur One, not only are you supporting and assisting in building the monolithic project of a Web 3 Social Market Media, you are essentially the venture capitalists. You are the organic element in Markethive, the Ecosystem for Entrepreneurs, and creating a legacy financially for yourself and your loved ones. 

As an incentive and because the Entrepreneur One upgrade will end soon, all who upgrade and maintain their monthly subscription for 12 months this year will receive a half or 0.5 ILP. 

The Premium Upgrade will also launch once the wallet is released, with many benefits for Markethive members. It increases your earning potential and allows you to monetize the initiatives Markethive has implemented. Click here to preview the features of the Premium Upgrade.

Watch this video of Thomas Prendergast, the CEO of Markethive, explaining in depth the benefits of the E1 upgrade and the opportunity of the ILP as he crunches the numbers. Markethive is a Divine Vision of our Lord, Jesus Christ, and Tom’s mission to bring it to ‘we the people” so that we may enjoy financial sovereignty, freedom of speech, liberty, and peace of mind in this uncertain world. 

The Entrepreneur One ILP special offer, features, and benefits are detailed in this article. The Entrepreneur One ILP Special 

About The Wallet

The Markethive Wallet, as detailed in this article, is now on the Solana Blockchain and is currently being BETA tested on the Markethive Development Site. The image below demonstrates a behind-the-scenes look at the blockchain working and transferring our token to a Solana wallet. The next step is to delegate a chosen BETA group of members who are Entrepreneur Ones to transact (send and receive) the coin via a Solana wallet. 

These people will promote Hivecoin (HVC) by asking their contacts to receive a chosen amount of coins, essentially sending the coin back and forth to people who accept your offer. These people can be users of Bitcoin Forum, Reddit, Telegram, or any site that you are affiliated with. The goal is to create transactional activity in the thousands.

It’s important to be active on the sites mentioned above, as the next step will be engaging five coin exchanges to list HVC on their platforms. The exchanges will do their due diligence and see that Markethive ranks very high in traffic, which will bode well for listing the coin, so it’s critical to have as much interest and activity as possible. 

Being listed on five coin exchanges is significant as it helps create stabilization and equilibrium, whereby a Moving Average or Mean can be calculated.  Moving averages are typically shown as a line on a chart, showing a mean of a previous set of periods. Because they are the mean (or average) of the data, they help to show the general trend and can then be used to map the direction of the coin visually. 

About Markethive’s Coin

The current Markethive Token (MHV) has a total supply of 8.8 billion and is only used internally. As we move forward, our cryptocurrency coin, HIVECOIN, will be the coin of Markethive that will be traded on the open market in crypto exchanges. The coin will replace the Markethive Token and have a total supply of 45 million. A much more realistic figure for the coin’s price action, supply, and demand.  

Phase one of the wallet is about to be released with a new vault and processor. The new hub will produce the new Markethive Credit, replacing the old Markethive Coin used internally. The Markethive Credit can be used to purchase the many services in Markethive and will also have a new staking advantage.

We are not staking the old Markethive Coin, as that is considered a violation of federal regulations that continue to evolve; however, there are ways around it. Our new Markethive Credit is not considered a Security as it can only be transacted one way. You can buy it within Markethive, but you can’t sell it on exchanges.   

You buy Markethive Credits to purchase services and for the purpose of staking, where you receive monthly interest on any given amount. There will also be significant incentives for all members to buy the new Markethive Credits. 

 

Wrap Up

Markethive has a fully operational inbound marketing system and social interface that is being uniquely enhanced with the new dashboard while simultaneously concentrating on the crypto side of things to get our coin up and running on the open market.  

So, it is almost “all systems go,” and you could help by supporting Markethive to expedite this humongous undertaking, not owned by the elite but by “we the people” so that every individual has a safe haven online. 

Make sure you upgrade to Entrepreneur One before the opportunity ends, and remember that you get a bonus of 0.5 ILP this year for the full 12 months. The Entrepreneur One opportunity for new members ends when the wallet is released.

Be sure to come to the meeting on Sunday at 10 am MST to hear the latest updates. You’ll find the link to the meeting room in the Markethive calendar. And stay tuned; the Markethive wallet is about to be announced. Praise the Lord! 

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

Tim Moseley

The Artist that came out of the Winter