The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label corporation. Show all posts
Showing posts with label corporation. Show all posts

Sunday, March 26, 2017

Bitcoin may not have a 'central bank', but it does have small groups seeking control over monetary policies

In the ongoing battle between two groups over control of the future of Bitcoin, a more important question needs to be raised regarding the true 'decentralization' of the crypto-currency.  And that is, if a small oligarchy of individuals (programmers) have control over the blockchain platform that runs Bitcoin, then does this same group have the power any time they see fit to institute monetary policies similar to the way the Federal Reserve does for the dollar?

Right now there are two opposing factions fighting over what is being termed as the 'Bitcoin Fork', and each have differing agendas for the future of Bitcoin.  One of the groups is known as Segregated Witness (Segwit), and is interested primarily in expanding the blocks that facilitate Bitcoin transactions and casually speeding up network functionality.  And while this group seeks dominion over the process, another group that calls themselves Bitcoin Unlimited has a much more aggressive agenda as they want to perform a complete overhaul of the current Bitcoin network.

And because of this inability to come to a consensus between the two factions, Bitcoin has the real possibility of splitting into two unique crypto-currencies running under the same umbrella.


But for holders and users of Bitcoin, just the fact that a small group of programmers can have control over the technology and institute changes as they see fit should bring about a note of caution since this means that anything, including the number of total coins mined, could be changed dependent upon the desires of the winning faction.  And in the end the ability to determine 'monetary policy' for Bitcoin means that there is a centralized body that has the power to dictate the direction and future of the crypto-currency.

Right now Bitcoin also acts as a corporation of sorts, with Bitcoin miners acting as a 'Board of Directors' and able to participate in voting for and against future policies.
Vogel explains that the ability to vote for changes to Bitcoin is essentially proportional to the computing power that each miner contributes to the Bitcoin network. This explains the fact that Bitcoin is based on Proof of Work (PoW). Vogel also notes that there is no preset voting period, so miners can vote for changes to Bitcoin at any time. In theory, this is a very elegant and unique way of handling the evolution of Bitcoin, although it does mean that the interests of miners guide the direction of Bitcoin. 
This explains why statements credited to top miners within the industry regarding Bitcoin scaling usually have a significant impact on both Bitcoin price and its general behavior. - Coin Telegraph
In the end, Bitcoin is not as decentralized as many believe, with decisions able to be made by the most powerful 'miners', and carried out by programmers who are not always in consensus on how the future of Bitcoin is to be determined.  And this also means that if either of these factions are one day co-opted by a government, a Wall Street entity, or some other group that doesn't believe in the ideals laid forth by Satoshi in the creation of the crypto-currency, then Bitcoin can very easily lose its fundamental benefits and morph into just another fiat currency no different than the dollar, the euro, or the yen.

Thursday, March 10, 2016

Church tithing? There’s an app for that!

Perhaps the biggest dichotomy in the Christian religion is how the church obsesses more about collecting money for their corporate entities than it does about discipleship and personal relationships with its parishioners.  And most ironic in this is that the very savior whom they claim to follow spoke out against the love of money, and on the topic of money, more than any other subject in the New Testament other than the Kingdom of God (The Gospel).
Many people have watched a televangelist, or heard some Christian leader on the radio and felt obliged or led to make a donation to support that ministry.  However, this often comes with a caveat, such as the requirement to fill out personal information cards, which then leads to these ‘ministries’ sending out donation requests to your homes for the next two years or more.
Religion today is big business, with nearly all denominations and church incorporated through the government to receive a tax exempt 501(c)3 status.  And with emerging technology allowing for people to be able to pay for things such as charitable giving with their Smartphones, the new money changers in the temple are run not by men, but by software applications.

Read more on this article here...

Monday, February 29, 2016

U.S. beyond insolvent as financial filings show $3.2 trillion in assets and $21.5 trillion in debt

Each year the United States government files a financial statement showing their assets and liabilities through the Department of the Treasury.  And while previous years have been similar to 2015, in that their liabilities outweigh assets by a large margin, never before has the deficit been as extraordinary as it was calculated on Feb. 27.
This because the United States (which is a corporation by the way), has assets valued at $3.2 trillion while showing short-term liabilities at over $21.5 trillion.  This is a difference of $18.3 trillion in the red, and in every single instance of financial definition would make the country (or corporation) insolvent and bankrupt.

Read more on this article here...