Sounds like Serfdom 4.0 to me, heading our way, FAST!

In all the kafuffle of Politicians promoting Bitcoin and Blockchain Technology in the US 2024 Election, there lurks a new form of serfdom,

Serfdom 4.0 I will call it,

specifically designed to replace today's insane money printing which is eroding your buying power every minute, with new monetary debt chains, the Bitcoin Blockchain, fully auditable by anyone, especially the US IRS Internal Revenue Service.

Under the Hood: US Stablecoins 2.0 on Bitcoin for greater control of the Herd

Bitcoin's Taproot births a Smart Contract controlled Financial System layer

As both a serf and investor, it's important for us all to understand one key fact about Bitcoin:

Bitcoin's Blockchain is fully auditable at great speed with the right software auditing tools.

So for instance this a good thing for those making tax payments as a Stablecoin remittance to hold the Governments accountable (reducing court costs immensely because These Govt Marxists can't lie their asses off after first stealing your money illegally with some 'bail in' to 'bail out' their banking buddies) using such Bitcoin hosted Stablecoins as payment methods, operating on Bitcoin's Blockchain, non?

Not Really.

Poof! There goes your privacy, anyone can see what you paid to the IRS, unless that  Layer 2 Smart Contract controlled remittance has an additional layer of security to preserve your privacy.

This means any US  or Canadian Federal 'Government Approved' Stablecoin operating on Bitcoin's VERY secure, yet fully auditable layer 1 blockchain has some security work to do for specific services involving direct payment to governments like taxes and licensing, etc., before any of this becomes a reality in Serfdom 4.0.

So what are the Politicians Really up to when Pumping Bitcoin?

Bitcoin has changed. Taproot Enhancement in 2021 enable Stabelcoin 2.0/Bitcoin.

At the heart of the next gen Stablecoins 2.0 movement are new Bitcoin 'Taproot' enhancements to the Bitcoin layer 1 blockchain.

The Taproot Bitcoin blockchain enhancement now makes  it possible to run Multiple Smart Contracts  hosted in existing Ethereum and other Virtual Machines hosted on the nodes running the Blockchain's consensus.

Consensus is really a quorum of nodes, each run by different operators, which are elected per transaction time period or 'epoch'. The Consensus process is about validating the first miner submission saying they have guessed the answer correctly to the puzzle created by the Bitcoin blockchain.

Politicians as such,  at the urging of their financial wizard masters in NYC and London and elsewhere, are being pushed HARD to promote Bitcoin blockchain, Larry Fink and Blackrock included, because these wizards now know the path to lucrative Serfdom 4.0.

Serfdom 4.0 is designed to sop up all that illegally created US Fiat Money supply which has been passed to these NYC and London types via their agent banks at the overnight window, which has then been responsible for large purchases of  commercial and residential real estate in your neighbourhood being bought up at one price and then renovated slightly and re-priced at twice the price only a few years later.

The renovation costs are gladly and gleefully loaned out by the banks creating the money to Blackrock and Vanguard, who together with others, collectively control vast amounts of commercial and residential real estate where its easy for them to together act as a 'silent oligopoly' to double the price they ask for both new and renovated real estate.

It's racketeering pure, its illegal, and you all get to pay for it with higher prices of everything, eroding your purchasing power because the price hikes of everything are 4X higher typically than any  salary raise you might get from your employer.

That said even if one's salary is indexed to the government's calculation of inflation annually, one still loses buying power annually, because your governments do not include the cost of housing (mortgage or rent) and cars in that Consumer Price Index CPI 'basket of goods' used to calculate inflation, the two biggest items everyone has to service monthly, both of which have risen dramatically over the past 20 years at least 3x since 2004. 

The current model is SERFDOM 3.0

SERFDOM 3.0 VS. SERFDOM 4.0: WHAT'S THE DIFFERENCE

The innovation Taproot in Bitcoin now makes it possible for these NYC and London money types controlling SERFDOM 3.0 to have all that illegally printed US FIAT money printed the last 8 years be transferred, with your government's approval,  into a fully auditable to  SERFDOM 4.0 version of  Blockchain, Bitcoin.

How that massive transfer of US FIAT  will occur to get on the Bitcoin blockchain will be, post US 2024 election,  processed through the US Federal government approval of BIG Banks who will then contract the  creation of NEW US Stablecoin 2.0 Financial services, likely partnering with existing US Stablecoin providers to do so, with the capabilities of turning their existing  layer 1 blockchain Stablecoin 1.0 implementation into Bitcoin layer2 Smart contracts protected with distributed proof of Stake dPoS  layer 1 Bitcoin and its inherent really strong security, to create Stablecoin 2.0 secured on Bitcoin.

These Stablecoin 2.0 Smart Contracts running  will either be running in existing Ethereum Virtual Machines or Solana Virtual Machines remounted on top of layer 1 Bitcoin, run by the same banks now becoming node operators or,

the government regimes of the day may approve net new Stablecoin 2.0 financial services to be hosted as Smart Contract and token combinations  hosted on other Virtual Machine technologies like Solana (Maybe there is an opportunity here for Cosmos and Celestia with the SWAY Smart Contract programming language and their new high speed virtual machine to build a competing US Stablecoin 2.0, time will tell) 

Either way

These existing BIG Banks will stake part of their bitcoin hordes to the their nodes, pegged 1 to 1 creating synthetic  Bitcoins to both secure and  also provide the liquidity  the will need their Smart Contracts, when handing out  DEFI loans via their Bitcoin 2.0 Smart Contracts covering your property mortgage or car loan.

The good news here is, that in theory, if the these banks use the Spiderchain, the days of Fractional Reserve banking are over.

But who cares! These NYC and London 'vested interests' hiding behind Blackrock and Vanguard have printed all the money they will ever need to cover their egregious and illegal expansion of the Debt world to cover their entire  real estate re-pircing scam and the Derivatives scam layer over the bond and debt  markets, IF  these financial wizards and their bank partners are successful in transferring most all that US FIAT bloat to this new system over time (as different 'contracts' mature).

DEFI SERFDOM 4.0 Loans for the Masses: Yippee! Not.

Let's face it, at the behest of firms like Blackrock and Vanguard representing the super wealthy, these BIG Banks, ALL of them, are responsible for printing at the command line, out of nothing, the money Blackrock and Vanguard have used to double THE PRICE OF ALL REAL ESTATE AROUND THE WORLD in just the past 8 years.

This doubling of real estate prices has been successfully eroding your wealth and 'their' plan is to place the existing FIAT Bloat created on the Bitcoin Blockchain  via US Stablecoin 2.0 implementations which they create, control and earn fees from,  with pegged synthetic Bitcoin at Layer 2 locked down securely locked down with Layer 2 overlay security dPoS Smart Contract EVM tech like Spiderchain so both layers can be audited transparently,

for the first time keeping all  government and bank players honest with one another, while 'they' earn yield for securing the network and loaning out Stablecoins in 2.0 format for that mortgage or new/used car loan we all need at some point.  They win everytime and you are still at the mercy of the 'Government, BIG Bank and Crony Capitalist Cartel' inflating the money supply, to drive  consumer price inflation so as to steal more of your buying power.

This is SERFDOM 4.0.

SERFDOMs rhyme with past Versions: SERFDOM 2.0 1861 Style

It's an act of financial magic which Czar Alexander the Second, architect of the 1861 Serf Emancipation  in Russia would be most certainly envious of, if he were still around.

In what was in my estimation SERFDOM 2.0 back then, those poor bastards went from being serfs serving landlords up a big chunk of their crop from good land to  owning land with a 100% mortgage on the value of crap lower producing land, with 80% paid to the Czar and 20% paid to the landlord.

What that Czar  did trigger is a partial exodus of Russian serfs, many of them Russian German Hutterites to Canada and America  steadily through the 1870s and 1880s, my great grandfather being one of them. (He ended up in Olds, Alberta as a Land Agent in the 1905 time frame, go figure.)

However, in order for the NYC and London types to ensure the Bankers corral their mortgage paying 'Herd' , us serfs,  onto this new Stablecoin 2.0 financial racketeering scam, now emerging,

Those BIG Banks choosing to run their DEFI Financial Services Layer over top of Layer 1 Bitcoin each need a secure financial layer to issue loans against their pegged store of value secured in Bitcoin's blockchain, and that is what has been up until just recently.

The Death of US Federal Reserve architected SERFDOM 3.0:

SERFDOM 4.0 on Bitcoin?

The 2021 Taproot enhancement to Bitcoin's blockchain enables the use of  each block's text space for saving encrypted and auditable information. This new access to a Layer 1 Bitcoin block's  space hash as most recently been used to store 'etchings' which unlock access to Bitcoin NFTs and more recently Runes, which are now stored safely and  later,

via the Lightning network,  as an example peer to peer, easily bought and sold between two parties,  accessed via Lightning with private single and in some cases multiparty signatures,  where such private keys unlock both sides of that transaction stored on the blockchain allowing that value to move between two or more parties.

Where the FINK is Larry Fink?

as an aside,

Where is Larry #Fink these days anyways? On the run?

Are we being duped watching his avatar on some Silicon Valley generated CGI screen?

Likely, Fink is in hiding,  given there are plenty of rumours saying their are  law suits against #Blackrock,  some filed by some pretty shady types which his company embezzled hundreds of millions from.

My guess?

Given Fink's  rabid BTC Promotion lately,

the NYC Financial powers behind Fink's BlackRock has likely cut a deal with the incoming administration

which will be supporting BTC (His get out of jail free card),

so ‘they’ are using him like a megaphone to pump up BTC, as there is a movement a foot to have multi (US FED govt approved) private companies, Namely BIG Banks

run their planned new US Stablecoins on top of BTC

Enter the Spiderchain: Stablecoin 2.0 on Bitcoin

The re-making of CBDCs as StableCoins in the USA and Canada?

Imo, judging the current capabilities and progress of the BTC DEFI projects,

it is more than likely  the incoming US Administration post 2024 US Election will make use of Spiderchain first as it has no BIP 'Bitcoin Improvement Proposal' changes required to the BTC blockchain to create today,  Multiple Versions of US government Approved Stablecoins in 2.0 form hosted in an EVM on top of Bitcoin.

This means  imo, there  is a certain amount investor risk that  Circle's USDC might get pushed out in favor of a first round US Government approval and deployment of  Ripple and Solana Versions because both can deliver Financial Services via Smart Contracts more seamlessly than Circle.

n.b-'BIPS' can take years to get authorized and then implemented as solutions by the BTC community, witness how long it has taken to get Taproot apps built and working, at least three years.

Spiderchain's Inside Track?

Botanix License Spiderchain and don't offer their own coin

Oh yeah, Spiderchain is also conveniently located in NYC and interestingly,

Spiderchain has deep links to the early team of Cypherpunks influencing the creation of Bitcoin prior to and just after it's release January 9, 2009, as version 0.1.0 and, 

the Spiderchain founder and inventor, Willem Schroe

may in fact be only one degree away from the inventor of Bitcoin,

with current Mainstream Cinema pushing the idea that Sassaman,

who committed suicide in 2011,

is actually the inventor of Bitcoin (which means his wife holds the keys) 

Fact: University of Leuven in Belgium is the link between Sassaman and Schroe

Willem Schroe the tech face of Spiderchain got his masters in Catholic University of Leuven in Belgium, the same place Sassaman also studied for his Phd (Piled higher and deeper), both likely under the same mentor.

Oh and Belgium happens to be the home of the EU. (The bitches of the Rothschild Cadre and WEF)

Spiderchain, Spiderchain what is does is so damned insane!

(Big Bank chorus) We Love the Spiderchain!

Let's face it Spiderchain is a big part of  the BTC DEFI 'Wave Two' coming at us fast and furious

AND

given the current BTC blockchain is public and relatively easy to audit.

The above facts work out just fine for the  Big Banks, the Federal Reserve #FED and the  contracted Government auditors  working as the privately owned United States Internal Revenue Service #IRS, with its company conveniently registered in Puerto Rico.

Spiderchain has figured out a way to have rotating multi-sigs protect staked Bitcoin at layer 2, so it can be used by the Stablecoin 2.0 issuers as collateral when lending to us.  The Rich get richer, earning a yield from the interest we pay on that loan secured by Bitcoin. SERFDOM 4.0 is born.

Spiderchain: Remaking Our Debt Status Quo as SERFDOM 4.0 on Bitcoin?

By mounting new Stablecoins on top of #Bitcoin, using the #SpiderChain now, 

ALL Federal Governments can maintain the status quo established in SERFDOM 3.0, this time manifested as SERFDOM 4.0 (where its tough for them to cheat each other, by holding on to Other People's Money "OPM')  IF their big banks implement their own Stablecoins over Bitcoin to  essentially (if they move fast enough) take market share away from the the US stable coin market leaders.

Each Government and their BIG Bank buddies would be running  their own version of Stablecoins on top of their existing BTC stash, pegged to Layer BTC Synthetic Bitcoin, 1 to 1  as a distributed proof of stake protected by Spiderchain's rotating randomized, pick 100 from 1000 candidates rotating each block (to created new multi-sigs) multi-sig model.

The Ethereum DEFI Dodo Bird:

Staying Pat on Ethereum 2.0 Could be the ETH Community's long term Death nell?

Given the current Hype over BTC DEFI,

It's not hard to predict much of  the current ETH DEFI L1 will overtime

And pretty rapidly, likely during the next US regime's 4 year term,

as we crypto investors will see a FAST shift to BTC DEFI Layer implementations

to get  at the rapidly building up of liquidity, which is largely the siphoning off  as much of the FAKE FIAT money Supply created in the US Dollar Money Supply in SERFDOM 3.0.

BEFORE it becomes essentially worthless in a rapidly CRASHING world Economy.

TIC TOC ETH DEFI Shops

Which means imo, 

look for both Ripple and Solana (rumored to be buddy buddies with Spiderchain)

to move their L1 Chains to be mounted first on to BTC L1 blockchain as BTC L2 Financial Services.

Thus CBDCs at least in the USA are dead imo.

For my American cousins and friends, that's all I have for now,

For those interested in what is happening up here in the #GWN, please feel free to read on. :)

The Rockefeller Wild Card? Alive and Well in Canada?

The Return of Mark Carney, Past Patron Saint of CBDCs

#BIS 'Biotche' Mark Carney,  lauded by both the Rockefeller and Rothschild Cadres, 

the supposed inventor/crafter of CBDCs,

and,

former Head of the Bank of Canada and former Chancellor of the Exchequer the UK,

is now pitching to replace Justin Trudeau in Canada in the Federal Liberal Party of Canada.

It's marginally possible Carney could run in the 2025 election replacing the much hated Trudeau and his collection of at least 3 body doubles and a CGI Avatar.

Mark Carney the Stupid or Mark Carney the Sly?

If Carney does try to run for Prime Minister in 2025

because many pundits expect most anyone to lose the election to Pierre Poilievre in 2025,

the leader of the Centre Right Conservatives (whose wife made millions from the lockdown selling masks)  is expected to win handily at this moment in time. (Because most Canadians are sleepy sheep)

then Mark Carney is most certainly Mark Carney the Stupid.

The PP Effect: Block Quebecois Party's conditional Favourite?

PP as I call him,  will likely win a Minority government mandate

But only IF

PP manages to convince the self-indulgent Block Quebecois Party

( if ='The Bloc' are paid enough ransom over five years to support PP).

PP's Vote Splitting Nemesis: Mad Max Bernier

The other PP possibility to become Canada's Prime Minister in 2025,   is to partly ignore the Bloc, and get propped up by a surging Peoples Party of Canada, lead by right wing ex-Conservative "Mad" Max Bernier,  who many election pundits say will win few seats in this 2025 election and, garner as much as 20% of the vote across Canada( the #PPC currently have 8% of the National Federal Vote from the last election, but in some districts were well over 20% of the vote last election Sept 21, 2021)

So while CARNEY the Sly, might still push  a variant of CBDCs on Canadians connected back to BIS and the Europeans (If the Rockefeller Cadre had their way in Canada, the 'hidden' backers of the Canadian Federal Liberals since 1930, hiding behind the Bronfman family control of the Trudeau family)

This time though, it's more than likely

in 'Mark Carney the Sly' form, 

Carney will not run, and watch the Liberal Federales through Turdeau or his replacement under the bus,

and then see #Carney most certainly advise PP, via the backdoor of the privy council which controls the PM Office in Canada, via direction connections in the UK House of Lords., all of whom he knows quite well.

Carney will do the above to see Canada's now still born 'CBDC'  re-Implemented as a Stablecoin Financial Service on top  Bitcoin layer 1 (Canada and the Bank of Canada if you can believe it, has no Gold Reserve, Carney made sure of that before he left for the UK job) offered by the five BIG Canadian Banks, #TD, #CIBC, #Royal Bank, #Scotia Bank and #Montreal BMO , which ensure the Canadian Federal Government will  issuing Government Bonds in return for Stablecoin Cash representing a share of staked Bitcoin to run the government. 

This will require the incoming Canadian government post 2025 election to start building up Bitcoin reserves in anticipation of staking that Bitcoin to support  multiple Canadian Stablecoin issues approved later in the term and hailed as a factory,

As the Rockefeller and Rothschild Cadre march toward  a much imagined Agenda 2030 Victory of World Domination of the Money System.

To my US friends and relatives still reading this, all of this most likely sounds 'all too familiar',

and most certainly ALARMING.

Canada the Test Market for the US Stablecoins on Bitcoin?

implemented as a Canadian Dollar Stablecoin, a Layer 2 Financial Service Smart Contract secured by existing Canadian Banks staking at Layer 2 their Layer 1 Bitcoin  on top of Layer 1 Blockchain, as  enabled by Spiderchain for example is likely imo, a test market reality already decided behind closed doors at the Bank of Canada, and why they shut down their own CBDC project.)

Now Canadian voters, in my own experience having been one, will likely be good sheep/mortgage serfs and just go along with a Canadian Stablecoin, as Canadian are known to value SAFETY and SECURITY more than freedom and sovereignty under a SERFDOM 4.0 model managed by the incoming political regime as directed by the existing big 5 Canadian banks.

Thuglife World 2.0 is SERFDOM 4.0 enabled BY Stablecoin 2.0 issues on Bitcoin

Frankly it's all the same #thuglife gangsters from SERFDOM 3.0  looking to run the second act of money this SERFDOM 4.0 way.

The good news is that there are parallel ‘privacy’ coin options to move to, in order to avoid this Surveillance Capitalism Model promoted by criminals like Larry Fink.

What to do, outside of the BTC Blockchain Shoe?

Erect a Parallel World of "SANS BANKS" aka PeerMesh 2.0  Finance

Privacy Coins and the Inter-Privacy Coin  PeerMesh 2.0

It's probably high time crypto investor then, look at #Zcash, #Monero, #DERO, #Autonomi Network and #Piratechain  to name a few, as serious alternatives to this emerging

Thuglife Vision of World Serfdom,  now manifesting itself in real time as the

New BTC Layer 2 Stablecoins operating on Bitcoin Blockchain, non?

What is needed to create the #PeerMesh between privacy coin offers is something like a hard fork of the #Cosmos #IBC protocol, transformed to work as a Layer 2 protocol, operating between different Layer 2 Financial Service offerings peg protected in a DPOS world of consensus particular and unique to their service, protected with Layer 1 Autonomi PoW triple encryption, which in fact is Quantum Computer Hack proof.

PeerMesh 2.0 builds on the original PeerMesh early WEB3 idea of using WebRTC to communicate peer to peer between browsers. This time PeerMesh 2.0 really extends that notional idea  to be implemented on something like what is going on at #Autonomi Network layer 1 #PoW #DAG, where the nodes are secured by end users investing in hardware and sharing a bit of storage to earn their own tokens, adding multiple layer of Financial Capability similar in concept to Spiderchain, but vastly different in the technical implementation, as imo  the Autonomi Layer 1 Proof of Work PoW DAG Distributed Acyclic (one way) Graph  would  needs its own Peer Mesh DAG overlay to peg underlying Autonomi Tokens one for one

Such a PeerMesh 2.0 would then allow different types of token holders to if they wish buy more storage and in fact have their tokens also be used, ala something like Spiderchain to peg 1:1 to a financial services layer to run a variety of VMs and Smart Contracts. So in this way, those private coins would also have a pattern to growth to  create their own value add Layer 2 Smart Contract services also operating on the Autonomi Network, 

100% SANS BANKS!

The above  discussion of PeerMesh 2.0 is all Free open Source Software  for anyone looking to build it, (as it's my idea) influenced partly by the original PeerMesh idea from nine years ago , so there are only the minimal licensing infringements based on your own licensing choices.

n.b-Autonomi has placed their code squarely in the GPL 3.0 space which is somewhat restrictive and must be worked around, so hopefully they get their upcoming API license right to support Layer 2 Financial Services.

To privacy coin builders get going!. Take a look at Autonomi Network and start thinking about this PeerMesh 2.0 idea!

PeerMesh 2.0more than a pipedream, so drop by the Autonomi Network Forum here and search around to find out more about potentially adapting the Spiderchain concepts to the Autonomi Network, this time manifested as PeerMesh 2.0!

;)

Be safe out there, protect your stores of value from Arbitrary money printing Marxist led regimes, and you should be able to prosper in such a parallel world as described above,

provided we cryptonauts can get the local retailers, service providers, wholesalers and manufacturers and farmers to accept the tokens generated from such a world SANS BANKS!

TK over and out.

*****