While crypto is volatile in price, I cannot see how it can be a widely used currency. There are too many speculators trying to make profits. We have people betting on it dropping going against those who bet it going up.
Trading in itself is a parasitic drain as it does not produce a single thing!
Using crypto to buy everyday things right now is difficult because of how up and down it goes. Plus the transaction fees and delay of verification for some cryptos breaks the "instant purchase" ability.
Alex... If your super trading plan works so well, why are you peddling another coin? What's the incentive? Oh right.... You're a trader. You make money producing nothing but bullshit.
Money has three purposes. It is a medium of exchange, a pricing mechanism to compare the bartering ratios between all economic goods and services, and a fungible store of value. Because of its volatility Bitcoin is not useful for the first two monetary purposes but it is useful for the third purpose, a fungible store of value. These days fiat money cannot store value as spending power, it declines even with the interest it earns. Because Bitcoin trends upwards versus fiat it gains value over time. It can easily be converted to fiat and spent if you can wait for it to increase during volatility. There is some risk that they can find a way to destroy Bitcoins underlying architecture and protocols but they haven't been able to for the last 15 years. Because of that I store "cash" as 20% Bitcoin and 80% gold, both are specie money.
One could add the observation cha bad Lube-ed dovids is the metric binding the wrestlers involving Put in Drumpf-ed up Xi Khameni and more.. How come the unvisible hand pokes so much influence with its strimged hands toying all these players on all sides.. Parasitism is salvation promised disguised as utter mad chaos.. Para situs - Latin - "sitting by someone elses dinner table"..
The highest law=Food on the table..
The highest "leader" =time..
Producers vs decievers - an eternal ongoing match..
I'd quite like to eventually read the book. As for the rest, another fiat currency based on nothing of obvious of intrinsic value or of physical tangibility, does not inspire confidence.
There probably exists room for a digital block chain currency given the current bizarre preoccupation with all things virtual, but were reality to strike, lets say a global civil war and several EMP bursts, one can effectively kiss goodbye to most of not all things digital? (excluding the machinations of the bunkered parasites living in their hardened silos)
If one know the table sitters agreed to this room is the place where the real deal is honoured - one would have a self check on wheather infested or free from para situs sitting along the crowd..
Time+labor+intangled resources factored in=industrios fabricated resources to thrive with in natures abundance put on the table..
Who shares in on the table..
The sacred triunion should be base units as in ABC..
(Se Dennis Fetcho's illuminatusobservor(dot)blogspot(dot)com for the ABC-man-woman-child-acroamatic cipher..)
ps B = "1 + 3"= "the savred profile of a pregnant childbearing woman"..
So, next question, if 50k tokens come with each book purchased, and if you sell out of the 100 copies offered, will more be made available with the same 50k XORDs?
If so, you could theoretically sell 2,000 copies before the 100m XORDs were distributed.
Then what?
How would they become capable of the three purposes of Crypto (a medium of exchange, a pricing mechanism to compare the bartering ratios between all economic goods and services, and a fungible store of value), as mentioned in the comments/Bitcoin's home pages?
Hold on you just said it’s “almost an involuntary servitude”
Are you aware that 98% of the population of the United States (and actually that goes for the vast majority of the world) are entangled by involuntary servitude, actual certitude that is forced upon us by an Oligarch class? That class who invests their money to elect people that will make laws that will directly benefit and enrich them. Then they hire attorneys to draft proposed bills, That they want to become law and they put them to petition under a campaign like “children’s health and safety”. This is how Oligarchs hijack our government. By appealing to peoples compassion and empathy while they have none.
because we don’t volunteer for this. This is a class we are born into. Some of us are privileged to be born into wealth and have all of their needs met growing up. The rest of us work our asses off to maybe make it into the quickly vanishing middle class.
The majority of the people in the upper class were born there. Some of them live an illusion that they worked their way to get there, because it makes them feel good about who they are, but workers see those people for who they are.
Like Elon Musk for example he likes to think he worked really hard to get to be the richest man in the world when in fact he was destined to be the richest man in the world because of who he is related to. Or like Donald Trump, for example who got a “small loan“ from his father.
The vast majority of us are lucky if we make $50,000 a year and we have to work our asses off to make that. I’ve never made $50,000 a year and I’m 53 years old. But I’ve been working since I was 13.
I owned my own business for 12 years, went back to school to further my education, went deeper in debt, I’ve owned two homes, I’m a renter again now, and I’ve lived a lot of life, and I’ve come to understand that getting to be a millionaire is not something that everyone can do just by working their ass off. There’s a lot of luck involved, and inheritance. I have no generational wealth nor will I gain any in my life time. There’s a lot of being in the right place at the right time, there’s a lot of knowing the right people. There’s no right book to read. It has nothing to do with making the right or wrong choice. There’s no guarantees in this world. Just because someone became a millionaire or a billionaire doesn’t mean they have all the answers.
You just got really lucky, or you had wealthy parents who were there to back you up when you made mistakes and they could pull you out or catch your fall. They were there to loan you money with zero interest. That’s it. The rest of us don’t have that. So please stop talking to us like you have all the answers, because you don’t. You sound like a moron when you say things like “ involuntary servitude” because that’s not a thing. Nobody chooses poverty. People are traumatized and surviving which is far different from free choice. We’re trying to keep a roof over our head and food in our bellies.
Hi Cesare~ As of this morning, it says ‘the link is no longer active’. If there are still books available, I’d like to purchase one. Thanks and good luck.
Alex, the first minute or so of your post is an absolutely clear and accurate statement of our human predicament: "One of the key steps in our emancipation, , if not THE key step, will be the reform of the monetary system…" I came to that realization more than 40 years ago and have been diligently working on discovering and sharing the way out of it ever since. You may not have heard of me, but I have produced a great body of work that has been built upon that of insightful giants who have preceded us. The vast majority of my work I share freely on my website, https://beyondmoney.net/, on my Substack, Medium and elsewhere.
Since the introduction of Bitcoin and the blockchain ledger I have kept a close eye on developments of that sort and wondered how they might fit into a strategy for our liberation. Like you, I'm still not sure if they do.
I few things you ought to be aware of:
1. The monetary system cannot be reformed; it can only be transcended by a better system of exchange.
2. All of the so-called cryptocurrencies that have been created and circulated thus far are nothing but virtual commodities, but no commodity, virtual or real, is able to serve the exchange function. A commodity, however, CAN serve as a measure of value, but real commodities are better choices for that purpose.
3. The true substance of money for a very long time has been the CREDIT of trusted producers and providers of real valuable goods and services, therefore, any honest and effective digital currency must be based on and redeemable for those goods and services.
I have described all of that in great detail and will direct you to their locations if you are unable to find them at the sites mentioned above. I’m also will to enter into discussions with you if you wish using email or public channels like Substack.
Many years ago I invented a non monetary system. The basis of it is that people get credit for work they do, more credit for the more skilled. This credit can't be accumulated, at the end of a 10 day week (yes, I also changed the system of weeks and months) the credit runs out and the next day a new credit is issued. Not a very complicated system, we work 5 days out of 10, barter is widespread, plastic pollution is nearly eliminated etc.
The main focus of my work was on how money and our time were created thousands of years ago and how obsolete these constructs are now in the modern world.
I sent my essay to a few very prominent economists, none replied, but one of them, an Irish man and compatriot, wrote an article which touched on it. I know my idea will never be taken up, but I did it to prove that there are many options to our current systems of time and money, systems which are clearly not working for us.
From an early age I always mistrusted authority, it's like cancer, it carries coercive power but has no moral authority or use. So it was easy for me to sidestep the matrix and its enslaving laws and institutions, many of them having no relationship to natural justice. It's "legal" as long as you don't get caught and it's moral. Rule of moral justice is not the same thing as rule of law, too many people don't make that distinction, which makes it easier to enslave them.
only weak man choose between morality, from the actual and functional. Our role in the state and the institutions which are formed by men for man to serve as a citizen of the State, which we all belong. I.E. The Roman Republic.
Not good for your reputation Alex. I thought you were a super rich retired hedge fund manager living in luxury in Monaco trying to make repentance for your former life. This sound like you're desperate for a buck or two.
I am not sold on benefits of digital "money" as a form of freedom beyond what system(s) will allow. Cannot have freedom from a system by using features of a system, like internet.
.
All fluff removed, what is left is 50 bucks speculation that punters will come thereafter, offering you to pay no less than same, hopefully more than original value - adjusted for inflation.
Is it worth?
As much as Krajner's reputation as he's betting his reputation on it.
It's all fiat no matter what you invest in because the prices are set and manipulated by large investors. Remember the silver short? Rermember the repricing of Gold by the Federal Government? Or withdrawing gold as our currency backing, not that it had any tie to reality. But the propagnda regarding gold is thick and heavy. However, Bitcoin has no inhrerent value even as a commodity. You're investing in what? Limited numbers? Sounds like digital art to me.
"CAVETE!" Indeed How far has Alex Krainer fallen? I would have had more respect if he had sold out to RT - at least state propaganda pays in real currency, not imaginary rug pull tokens.
The man who writes about "breaking free from the money prison" is now shilling a textbook cryptocurrency scam. The irony would be funny if it weren't so pathetic.
"The Raven's Enigma" plot reads like a gopnik's fever dream after binge-watching Dan Brown movies - Vatican AI archives, Russian mafia cryptographers, forbidden knowledge. Every conspiracy thriller cliché stuffed into 514 pages that allegedly cost $47 each to print. (For context, luxury coffee table books cost $15 to produce.)
Notice the manipulation techniques: "40 years of friendship" (Bernie Madoff's friends said the same), "missed Bitcoin because wife disagreed" (what hedge fund manager lets spouse veto trades?), This from someone who should understand Michael Saylor's concept of Bitcoin as a predator asset? More believable would be admitting he simply didn't understand the technology back then.
The 50,000 Zord tokens plus "lifetime access" offer? Classic pre-sale scam architecture. No whitepaper. No blockchain explorer. No smart contract address. No GitHub repository. Just promises from an "anonymous genius" who "prefers to remain unknown like Satoshi." lol
Even Krainer admits he owns 1% - a paid shill masquerading as an innocent discoverer. He spent years writing about matrix money control systems only to become a poor copy of copy agent smith himself, harvesting his readers' trust for thirst tokens that likely exist only in PostgreSQL database entries.
As Dostoevsky wrote in Crime and Punishment: "Your worst sin is that you have destroyed and betrayed yourself for nothing."
Whenever I hear or read "cryptocurrency" or "bitcoin", my first reaction is another word: Tulipmania.
https://medium.com/thrive-zones/tulipmania-the-myth-that-never-was-b3b04124de1f
While crypto is volatile in price, I cannot see how it can be a widely used currency. There are too many speculators trying to make profits. We have people betting on it dropping going against those who bet it going up.
Trading in itself is a parasitic drain as it does not produce a single thing!
Using crypto to buy everyday things right now is difficult because of how up and down it goes. Plus the transaction fees and delay of verification for some cryptos breaks the "instant purchase" ability.
Alex... If your super trading plan works so well, why are you peddling another coin? What's the incentive? Oh right.... You're a trader. You make money producing nothing but bullshit.
https://robc137.substack.com/p/allergic-to-bullshit
Money has three purposes. It is a medium of exchange, a pricing mechanism to compare the bartering ratios between all economic goods and services, and a fungible store of value. Because of its volatility Bitcoin is not useful for the first two monetary purposes but it is useful for the third purpose, a fungible store of value. These days fiat money cannot store value as spending power, it declines even with the interest it earns. Because Bitcoin trends upwards versus fiat it gains value over time. It can easily be converted to fiat and spent if you can wait for it to increase during volatility. There is some risk that they can find a way to destroy Bitcoins underlying architecture and protocols but they haven't been able to for the last 15 years. Because of that I store "cash" as 20% Bitcoin and 80% gold, both are specie money.
fungiblity alone is not enough for preservation of value, in contrast to say gold or...
Volatility is excellent for speculators
Thanks. I'm unsubbing from Alex because all I hear from him is the narrative from the other side.
I've brought up my issues with BRICS letting a single nation Brazil from blocking Venezuela...
I've brought up the COVID issues and he acts like the Russian shot wasn't bad (it was basically like Astra Zeneca's clot shots).
Fine whatever, but now this crypto hype?
But then, he's always been a trader which are traitors. Anyone who makes money on betting is going to fall for hype or make us fall for the hype.
I don't trust any traders anymore.... Their profits come from the backs of those of us that actually do something productive for a living.
But they think money grows on trees... That's why we're in this fkin mess.
Alex... If your super trading plan works so well, why are you peddling another coin?
One could add the observation cha bad Lube-ed dovids is the metric binding the wrestlers involving Put in Drumpf-ed up Xi Khameni and more.. How come the unvisible hand pokes so much influence with its strimged hands toying all these players on all sides.. Parasitism is salvation promised disguised as utter mad chaos.. Para situs - Latin - "sitting by someone elses dinner table"..
The highest law=Food on the table..
The highest "leader" =time..
Producers vs decievers - an eternal ongoing match..
I'd quite like to eventually read the book. As for the rest, another fiat currency based on nothing of obvious of intrinsic value or of physical tangibility, does not inspire confidence.
There probably exists room for a digital block chain currency given the current bizarre preoccupation with all things virtual, but were reality to strike, lets say a global civil war and several EMP bursts, one can effectively kiss goodbye to most of not all things digital? (excluding the machinations of the bunkered parasites living in their hardened silos)
So...unsub!
I don't care.
You don't bring anything to the table.
Whos table do we sit around..
If one know the table sitters agreed to this room is the place where the real deal is honoured - one would have a self check on wheather infested or free from para situs sitting along the crowd..
Time+labor+intangled resources factored in=industrios fabricated resources to thrive with in natures abundance put on the table..
Who shares in on the table..
The sacred triunion should be base units as in ABC..
(Se Dennis Fetcho's illuminatusobservor(dot)blogspot(dot)com for the ABC-man-woman-child-acroamatic cipher..)
ps B = "1 + 3"= "the savred profile of a pregnant childbearing woman"..
Let's say it's trading at $100. It would not pay to use the currency to buy your products and instead sell it for $100 and pay you $10.
On the other hand if it was trading at $0.01, I would be a fool to sell it and rather use it in the market.
The trading is the PARASITE of our economy, whether currencies, beanie babies, pet rocks, or tulips.
I'm sick and tired of traders aka traitors of humanity.
Cesare,
Thx for jumping in on the comments.
So how many TOTAL XORD's will there be?
At 100 book sales with 50k XORDs to each buyer, that's 5mm.
Are more books to be issued, and therefore XORDs to be included?
Satoshi limited Bitcoin to what, 200mm total?
Isn't that where part of the value comes from?
Limited amount, and never to be any additional issued?
Let us know, and with that input/knowledge, I'll grab a book.
Book alone sounds facinating.
Best
Greg
there will only ever be 21 million bitcoin
Please respond
https://alexkrainer.substack.com/p/steppin-out-into-the-blockchain/comment/128096319
Thx for the update.
So, next question, if 50k tokens come with each book purchased, and if you sell out of the 100 copies offered, will more be made available with the same 50k XORDs?
If so, you could theoretically sell 2,000 copies before the 100m XORDs were distributed.
Then what?
How would they become capable of the three purposes of Crypto (a medium of exchange, a pricing mechanism to compare the bartering ratios between all economic goods and services, and a fungible store of value), as mentioned in the comments/Bitcoin's home pages?
Smart for who?
Hold on you just said it’s “almost an involuntary servitude”
Are you aware that 98% of the population of the United States (and actually that goes for the vast majority of the world) are entangled by involuntary servitude, actual certitude that is forced upon us by an Oligarch class? That class who invests their money to elect people that will make laws that will directly benefit and enrich them. Then they hire attorneys to draft proposed bills, That they want to become law and they put them to petition under a campaign like “children’s health and safety”. This is how Oligarchs hijack our government. By appealing to peoples compassion and empathy while they have none.
because we don’t volunteer for this. This is a class we are born into. Some of us are privileged to be born into wealth and have all of their needs met growing up. The rest of us work our asses off to maybe make it into the quickly vanishing middle class.
The majority of the people in the upper class were born there. Some of them live an illusion that they worked their way to get there, because it makes them feel good about who they are, but workers see those people for who they are.
Like Elon Musk for example he likes to think he worked really hard to get to be the richest man in the world when in fact he was destined to be the richest man in the world because of who he is related to. Or like Donald Trump, for example who got a “small loan“ from his father.
The vast majority of us are lucky if we make $50,000 a year and we have to work our asses off to make that. I’ve never made $50,000 a year and I’m 53 years old. But I’ve been working since I was 13.
I owned my own business for 12 years, went back to school to further my education, went deeper in debt, I’ve owned two homes, I’m a renter again now, and I’ve lived a lot of life, and I’ve come to understand that getting to be a millionaire is not something that everyone can do just by working their ass off. There’s a lot of luck involved, and inheritance. I have no generational wealth nor will I gain any in my life time. There’s a lot of being in the right place at the right time, there’s a lot of knowing the right people. There’s no right book to read. It has nothing to do with making the right or wrong choice. There’s no guarantees in this world. Just because someone became a millionaire or a billionaire doesn’t mean they have all the answers.
You just got really lucky, or you had wealthy parents who were there to back you up when you made mistakes and they could pull you out or catch your fall. They were there to loan you money with zero interest. That’s it. The rest of us don’t have that. So please stop talking to us like you have all the answers, because you don’t. You sound like a moron when you say things like “ involuntary servitude” because that’s not a thing. Nobody chooses poverty. People are traumatized and surviving which is far different from free choice. We’re trying to keep a roof over our head and food in our bellies.
Hi Cesare~ As of this morning, it says ‘the link is no longer active’. If there are still books available, I’d like to purchase one. Thanks and good luck.
Alex, the first minute or so of your post is an absolutely clear and accurate statement of our human predicament: "One of the key steps in our emancipation, , if not THE key step, will be the reform of the monetary system…" I came to that realization more than 40 years ago and have been diligently working on discovering and sharing the way out of it ever since. You may not have heard of me, but I have produced a great body of work that has been built upon that of insightful giants who have preceded us. The vast majority of my work I share freely on my website, https://beyondmoney.net/, on my Substack, Medium and elsewhere.
Since the introduction of Bitcoin and the blockchain ledger I have kept a close eye on developments of that sort and wondered how they might fit into a strategy for our liberation. Like you, I'm still not sure if they do.
I few things you ought to be aware of:
1. The monetary system cannot be reformed; it can only be transcended by a better system of exchange.
2. All of the so-called cryptocurrencies that have been created and circulated thus far are nothing but virtual commodities, but no commodity, virtual or real, is able to serve the exchange function. A commodity, however, CAN serve as a measure of value, but real commodities are better choices for that purpose.
3. The true substance of money for a very long time has been the CREDIT of trusted producers and providers of real valuable goods and services, therefore, any honest and effective digital currency must be based on and redeemable for those goods and services.
I have described all of that in great detail and will direct you to their locations if you are unable to find them at the sites mentioned above. I’m also will to enter into discussions with you if you wish using email or public channels like Substack.
Thanks for you good work, Thomas
Many years ago I invented a non monetary system. The basis of it is that people get credit for work they do, more credit for the more skilled. This credit can't be accumulated, at the end of a 10 day week (yes, I also changed the system of weeks and months) the credit runs out and the next day a new credit is issued. Not a very complicated system, we work 5 days out of 10, barter is widespread, plastic pollution is nearly eliminated etc.
The main focus of my work was on how money and our time were created thousands of years ago and how obsolete these constructs are now in the modern world.
I sent my essay to a few very prominent economists, none replied, but one of them, an Irish man and compatriot, wrote an article which touched on it. I know my idea will never be taken up, but I did it to prove that there are many options to our current systems of time and money, systems which are clearly not working for us.
Money = credit (they both function as currency)
Your innovation is that the approach to evaluation of work. It is about fair payment.
We had such a system in Yugoslavia (there were no poor people in YU, and the gap between worker's and director's wage was minimal).
From an early age I always mistrusted authority, it's like cancer, it carries coercive power but has no moral authority or use. So it was easy for me to sidestep the matrix and its enslaving laws and institutions, many of them having no relationship to natural justice. It's "legal" as long as you don't get caught and it's moral. Rule of moral justice is not the same thing as rule of law, too many people don't make that distinction, which makes it easier to enslave them.
only weak man choose between morality, from the actual and functional. Our role in the state and the institutions which are formed by men for man to serve as a citizen of the State, which we all belong. I.E. The Roman Republic.
Not good for your reputation Alex. I thought you were a super rich retired hedge fund manager living in luxury in Monaco trying to make repentance for your former life. This sound like you're desperate for a buck or two.
Crypto can be traced: cash can't.
tried to buy book around 20 times - NO LUCK. Nothing wrong w my card. frustrating for you too, I'm sure.
I am not sold on benefits of digital "money" as a form of freedom beyond what system(s) will allow. Cannot have freedom from a system by using features of a system, like internet.
.
All fluff removed, what is left is 50 bucks speculation that punters will come thereafter, offering you to pay no less than same, hopefully more than original value - adjusted for inflation.
Is it worth?
As much as Krajner's reputation as he's betting his reputation on it.
It's all fiat no matter what you invest in because the prices are set and manipulated by large investors. Remember the silver short? Rermember the repricing of Gold by the Federal Government? Or withdrawing gold as our currency backing, not that it had any tie to reality. But the propagnda regarding gold is thick and heavy. However, Bitcoin has no inhrerent value even as a commodity. You're investing in what? Limited numbers? Sounds like digital art to me.
"CAVETE!" Indeed How far has Alex Krainer fallen? I would have had more respect if he had sold out to RT - at least state propaganda pays in real currency, not imaginary rug pull tokens.
The man who writes about "breaking free from the money prison" is now shilling a textbook cryptocurrency scam. The irony would be funny if it weren't so pathetic.
"The Raven's Enigma" plot reads like a gopnik's fever dream after binge-watching Dan Brown movies - Vatican AI archives, Russian mafia cryptographers, forbidden knowledge. Every conspiracy thriller cliché stuffed into 514 pages that allegedly cost $47 each to print. (For context, luxury coffee table books cost $15 to produce.)
Notice the manipulation techniques: "40 years of friendship" (Bernie Madoff's friends said the same), "missed Bitcoin because wife disagreed" (what hedge fund manager lets spouse veto trades?), This from someone who should understand Michael Saylor's concept of Bitcoin as a predator asset? More believable would be admitting he simply didn't understand the technology back then.
The 50,000 Zord tokens plus "lifetime access" offer? Classic pre-sale scam architecture. No whitepaper. No blockchain explorer. No smart contract address. No GitHub repository. Just promises from an "anonymous genius" who "prefers to remain unknown like Satoshi." lol
Even Krainer admits he owns 1% - a paid shill masquerading as an innocent discoverer. He spent years writing about matrix money control systems only to become a poor copy of copy agent smith himself, harvesting his readers' trust for thirst tokens that likely exist only in PostgreSQL database entries.
As Dostoevsky wrote in Crime and Punishment: "Your worst sin is that you have destroyed and betrayed yourself for nothing."
Westerners are sick! I just try to watch some animal documentary for kids and they all have narrative: “strongest survive”!
This can cause brain damage at kids(!) which we see in today world at large scale in western countries :D (little joke at the end)
Dear Alex!
Thanks for the update, this is a genius idea,
You are one of the few who understands the present realities.
Hope to see you in Zagreb one day!!
We could discuss’The Black Nobility’I am sure that it will add the weight to your argument!
Sincer greetings from Vancouver, Canada
…Jonston
https://open.substack.com/pub/graceblakeley/p/the-us-economy-is-a-house-of-cards?utm_source=share&utm_medium=android&r=60c6uq