The trust money and the generation of debt

The development of technology is the basis for the establishment of the New Order, beyond the geopolitical struggles that we see. It should be noted that, at the same time, a false discourse has been developing in the alternative media for years, whose main function is to divert attention and generate false hopes and expectations, so that a large number of people who call themselves woke can swallow the lie that there is a change or a rebellion against the elites. It is the way to get these potentially rebellious masses of people to believe that they have won the battle and accept the foundations of the New Order. However, the reality is unalike. Many of the maneuvers that go against the “evil elites who control the world” had already been foreseen and calculated earlier by those same elites, who are designing the New Order. The alternative media has for years inoculated us with the concept that all the power of the elites lies in the control of central banks and the issuance of currency. That was true of the old model we are about to abandon. The issuance of trust money and the generation of debt were a crucial instrument to seize what has real value: raw materials and all natural resources. Nevertheless, that system of functioning will cease to be applicable in the future that these same elites are planning. Moreover, it will be because of technological development, which is the key that changes everything and the force shaping future socio-economic structures. Technological development, combined with the increase in population and the scarcity of some resources, makes it impossible to maintain the old structures of the system in operation. Many things will have to change in order to adapt to the new situation, which has been planned for a long time: the central banks are going to disappear, or at the very least, their power will gradually fade away. The concept behind blockchain, bitcoin and other forms of cryptocurrencies in general were meant to function as a new, decentralized form of money without the power of an intermediary institution. That concept turned into a system entirely dominated by just a handful of people: two Chinese miners, Antpool and DiscusFish/F2Pool, take up more than half of the blocks created. Based on free electricity and calculating power, they are able to modify the rules at will.  In addition, the network is on the edge of collapsing, technical wise. The mechanisms that should have prevented this outcome have crashed. Consequently, nowadays there is no reason to think BTC or other cryptocurrencies can perform better or be more beneficial than the monetary system we already live in.  The problem of blockchain is in its design: the dependence on mining, an industrial activity based on the provision of infrastructure, places any blockchain product in the custody of anyone who succeeds in attracting large-scale capital.  The growing dependence of the blockchain system on miners not only tended to make the stability of bitcoin and its derivatives dependent on a limited and decreasing number of agents, but in the long run they could change the rules of the game. Bitcoin and blockchain are systems that at the end meet the logic of large scale, their own structure eliminates the control/capture of central banks to replace it by the possibility of capture by those large masses of capital that do not find today where to be placed.  If central banks already have little democratic control through political or market representation, what can we expect from a couple of Chinese anonymous millionaires? To be replaced by their even greater colleagues on Wall Street or the City of London? Therefore, do not believe the lies of alternative media that tell you that the collapse of central banks is a “rebel victory” or an “elite coup”. You can already guess where that speech comes from and what its real function is. We all know that crypto coins are the future. However, it is naive to believe that they have emerged coincidentally and caught the wicked central bankers unprepared. Governments may be in the process of banning the cryptocurrency space and using BTC, whose creation for years has been surrounded by a mysterious mist, as a first step, a global experiment to study the introduction of crypto. As a goal, they aim to allow the public to trust cryptocurrencies before completely suppressing them, to afterwards replace them with a government-controlled form of currency.  This cryptocurrency would be implemented through the use of an also government-controlled blockchain, and root for the replacement of all physical currency, that is, forbidding the flow of fiduciary currencies and all privately-issued cryptocurrencies to then impose a monetary system that is encompassed in its entirety of electronic money, that is completely ruled by the Government. By doing so, it would eradicate the antiestablishment economy and permit the implementation of any level of negative interest rate to accomplish its inflation goals, while also stopping the community from hoarding paper money in order to escape the loss of its purchasing power.  Under the pretext of being able to reduce tax evasion, money laundering and terrorist-funding activities, there would be a complete monitoring of every transaction on the new blockchain.  This evolution in currency makes perfect sense to governments in their long history of migrating away from gold-backed money. The primary purpose of this form of currency would be to push interest rates into negative territory in order to increase monetary velocity and supply. As an alternative, once they study how the issue develops, its application and the way people respond to it, there is a chance that central banks will take over. It will appear that they regulate nothing and that everything works alone, without “very bad bankers controlling everything from the shadows”. Nonetheless, it is most probable that things will not work that way. New models of economic and social control will be established, making the old structures obsolete. China, which is the testing ground of the New Order at all levels, shows us this very clearly: Beijing decided to follow the well-known maxim, “if you cannot beat them, join them”. By organizing a special research group in 2014, the People’s Bank of China intended to gradually introduce its own digital currency, making the Chinese regulator the first national bank to issue it. `The bank is currently studying a number of existing cryptocurrencies such as BTC and others, the main feature of which is their decentralized nature, i.e. they are almost impossible to control by the financial authorities. Beijing is trying to avoid ceding this emerging market to private companies while the population already frequently uses online payments in all transactions. Today most Chinese people, to buy a can of glue, prefer to scan a QR code with their cell phones rather than insert a coin into a machine. The introduction of the digital currency by a national bank would hardly matter to those accustomed to online payments, however, is extremely important for sellers, because instead of receiving money directly from customers, they could get digital payments, drastically lowering transaction costs. According to Duan Xinxing, vice president of OKCoin, one of China’s largest currency exchange houses, “The digital currency would ensure that the People’s Bank of China would be able to control risks in the financial system and monitor transactions on an economy-wide basis.” To better understand the model of the world to which we are heading, we could use something like a visual metaphor. We could define the world in which we have lived until now as a huge complex full of walls, doors, corridors and rooms. A place where we had no freedom to move wherever we wanted. To gain access to a room, we always had to go through a door, where we had to ask permission from a guard and present the relevant laissez-passer. Everything was, in a way, defined and controlled from above, by some directors who gave instructions from loudspeakers or tortured the people with long speeches full of promises. As time went by, they replaced the harsh voices of the old abusive leaders with closer and more sympathetic voices that made the average person feel better and spoke to them with more respect… but nothing really changed. This great complex delimited by innumerable walls and rooms, was the only way to control the “human flock”, because there was no other way to achieve it due to the lack of efficient control technologies. However, technological development is making that old complex of high walls and armed guards obsolete. None of that will be necessary to control the masses anymore. The world is heading to a gigantic and diaphanous concentration camp with no apparent limits. The human flock will be confined in an open space with no visible walls or restrictions, surrounded by a sort of force field. Within the limits of that concentration camp, we can organize ourselves as we please. At least, that is the way things seem to be. By having crypto coins that appear to work on their own and 3D printers to print the products, people design themselves. The police officers and guards will be replaced by algorithms and hidden cameras, which will give a false sense of freedom. People will be more guarded and controlled than ever before, but without having to cross their gaze with a rough and intimidating uniformed guard. When they misbehave, there will not be three big cops coming to beat them up, they will be simply struck by lightning. Our own self-management will generate the illusion of freedom. Before we wanted to break down walls to escape; and we had that impulse because the wall was there, covering the landscape and projecting its dark shadow; but if there are no walls, the illusion is generated that we are free, and no one thinks of escaping. A self-confined and self-controlled system is generated. We ourselves will be our own wall. The stark reality is, they will have total control over the people. In addition, they will do so by the simple fact that we will be 100% dependent on the raw materials and technological devices supplied to us from corporations controlled by the high spheres. We used to live in a world of hammers, nails and wooden boards. In order to be able to live, more or less everyone could build a hut and plough to cultivate the land. We are now in a world of microchips and high frequency computing and in order to live, we need a smartphone and a computer.  True freedom will be achieved when critical thinking that promotes social, human, psychological and spiritual change, as well as cultural, economic and technological change conquers our society, but if we put all our hope in cutting-edge science and technology, we are doomed.  In whose hands would be all or most of these technologies and how and for what purpose would we use them? In the meantime, what do we do? In order to have cheap, low energy needs and high energy-efficient technologies that are easily usable and meet all or most of our material, cultural and other needs, how many years will it take?