BitShares 2.0 is set to come out in September of this year, and BitShares proponents are very excited about it. “It is a game changer in the crypto world,” Max Wright told CCN. As CCN writes:
Some of the capabilities of BitShares 2.0 include, among other things, a Smartchain which can do more than the block chain, according to BitShares 2.0 proponents. For one, this Smartchain can process 100,000 transactions per second compared to the seven transactions per second the Bitcoin network can process, with reliable one second confirmation times, while Bitcoin takes one hour to confirm a transaction. Automatic and regular payments are available on the Smartchain, as is multisig.
At this point, anyone paying even the slightest bit of attention to the central planning economic totalitarians running the fraudulent global financial system is aware of the blatant push in the media to acclimate the masses to accepting a “cashless society.”
In the mind of an economic tyrant, banning cash represents the holy grail. Forcing the plebs onto a system of digital fiat currency transactions offers total control via a seamless tracking of all transactions in the economy, and the ability to block payments if an uppity citizen dares get out of line.
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The problem with Bitcoin, was that once it exploded onto the scene, everyone suddenly had to have an opinion. Whether or not this opinion was informed, or based on even the most basic understanding, wasn’t important. What was important is that you had to take a stand: yay or nay.
This was unfortunate. It led to many well-meaning, but technologically challenged people to claim Bitcoin was the currency of the anti-Christ. The dreaded “one world currency” that would usher in the reign of Lucifer. These opinions were almost always based on ignorance, and it led to decent people who care about freedom to dismiss Bitcoin.
In contrast, the real status quo was able to see Bitcoin and understand the threat it posed to the control system. Now IBM is working on a solution for Central Banks, and if this takes hold, it could be very, vey bad for liberty.
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We visit Hong Kong for this episode in which they discuss disharmony in the capital markets as London properties are turned into buy to leave safe deposit boxes while Americans extract alleged equity from their subprime used cars. In the second half, Max speaks to Ken Lo, CEO of the ANX exchange about their bitcoin debit card and plans on expanding into StartCOIN and other alt-coins. They compare the regulatory situation in Hong Kong versus New York in terms of financial technology being allowed to prosper. Or not.
We believe that ‘something’s gotta give’ as the real world continues to tumble while equity markets continue rising – and not everyone is ‘lovin’ it.’ We also compare the debt curse to the oil curse. In the second half, Max interviews equity crowdfunding pioneer, Simon Dixon of BankToTheFuture.com, about the latest in CrowdFunding 2.0 as both the political and financial space is disinter mediated.
The collapse of USA is near. Would anyone buy Maxcoins, Bitcoins or even Startcoins? Of course! Does someone want to have dollars in the pocket? Of course not! (more…)