1 in 7 american houses are empty 1 in 402 americans are homeless 24 empty houses are available for each homeless american

1 in 7 american houses are empty 1 in 402 americans are homeless 24 empty houses are available for each homeless american

The Tipping Point and The Tipping Revolution?

Learn to Pay with Small Denominations of Silver and Gold Tipping Point and the Tipping Revolution

As being someone whose been in the on going revolution to take back our rights and liberties from outside US interests. I’m full aware of the Tipping Revolution as in the Tipping point, and what I consider “The Tipping Revolution” (as in tipping small denomination silver and gold for services). I find the two references pretty much in the same bag of revolutionary tricks. The more that we can start using alternative competing currency the more we will see a tipping point. I believe we’re already on our way down the mountain so to say, perhaps still teetering on the top.

Too many fails of the government to the federal reserve have left people all around the world in disgust! We’re falling straight back into a futile system as where the corporations are not so much taking land like back in Medieval times of Nobility. Which you might remember with such ranks as:

Esquire, Knight, Baron, Viscount, Earl, Count, Marquess/Marquis, Duke then onward up towards Prince/Princess King/Queen and Emperor. One can watch those in the know (the corporations) push and pull there way to higher positions in the market is like self promoting onward up the Nobility rank. As much as some may or may not know, there are families that pull the strings of all financial organizations in the world (besides a very select few who remain to be converted to a fiscal system such as the United States… and You’d be surprised to know that many of the Wars in the world are fought in areas that decline to have these kinds of fiat currencies.

The Tipping Point and The Tipping Revolution?

So taking this into mind, creating additional currencies that not just people in a select area can use but everyone in every situation, you’ve created an opt-out button from Monopolizing financial currencies. Thus why I believe small denominations of silver and gold will be the ground level battle against reckless spending and actually speed up the Tipping Point. Allowing companies and government to work together to slowly merge and remove the rights of the people is a straight up declaration of war against the free people of the United and the World alike. It truly is our responsibility to wake up and discover how we can take our strengths and push our way back to liberty and freedom.

So with this tiny bit of information, at least for me, I see and know that the Tipping Point Revolution and the Tipping Revolution are really a package of the same design. Many good things will come from competing currency so lets keep a watchful eye for such things as BitCoin and not just stop there but also create many other currencies that are control decentralized and in the hands of the free market!

Tipping Revolution

Check out my latest post about – Icelandic Allows Major Banks to Fail – Economy Booms Afterward

The Tipping Point and The Tipping Revolution?

The Tipping Point and The Tipping Revolution?

BitCoin News: Hacker Tried to Hack BitCoin and Failed Hardcore Style

by: Dan Kaminsky

Hacker Tried to Hack BitCoin and Failed Hardcore Style

Two years ago, I tried to hack BitCoin.

I failed.

This was very exciting.

It is a fairly open secret that almost all systems can be hacked, somehow. It is a less spoken of secret that such hacking has actually gone quite mainstream. Everybody hacks … sometimes.

But I am not here to discuss the raging question that is — what do we do about the fact that we’ve built a global economy on a system optimized for moving pictures of cats?

They really are very cute.

Seriously though, as an engineer and as a hacker (and I promise you, these are two very different things), BitCoin surprised me. Here was a system with the following properties:

Created an enormous global cloud of always-on, listening machines

Spoke its own fiddly little custom network protocol

Written in C++, which for all of its strengths is not usually the safest thing in the world to be reading random Internet garbage with

Directly implemented the delivery of a Pot Of Gold At The End Of The Rainbow for any hacker who could break it

By all extant metrics in security system review, this system should have failed instantaneously, at every possible layer.

And, to be fair, it has failed at other layers – BitCoin thefts have occurred, in the meta-code that surrounds the core technology itself.

But the core technology actually works, and has continued to work, to a degree not everyone predicted. Time to enjoy being wrong. What the heck is going on here?

First of all, yes. Money changes things.

A lot of the slop that permeates most software is much less likely to be present when the developer is aware that, yes, a single misplaced character really could End The World. The reality of most software development is that the consequences of failure are simply nonexistent. Software tends not to kill people and so we accept incredibly fast innovation loops because the consequences are tolerable and the results are astonishing.

BitCoin was simply developed under a different reality.

The stakes weren’t obscured, and the problem wasn’t someone else’s.

They didn’t ignore the engineering reality, they absorbed it and innovated ridiculously.

DIFFERENT THIS TIME, FOR REAL – Hacking BitCoin is it possible?

Bitcoin reflects an entirely alien design regime. (To geek out a bit, in the context of actual security paranoia, C++ is actually a great choice. It allows for clean infrastructure, and if you know what you’re doing, you actually know what you’re doing. Modern languages like JavaScript and Ruby are great, in that they do a huge amount for you under the surface, but then you don’t actually know what they’re going to do. Ruby got burned pretty badly recently when some systems listening on the network were a little too … friendly. Engineering is a game of tradeoffs. So, of course, is business.)

But all that was obvious two years ago, when my fifteen point list of obvious likely bugs was systematically destroyed by a codebase that quite frankly knew better.

What is obvious now?

BitCoin is actually an exploit against network complexity. Not financial networks, or computer networks, or social networks. Networks themselves.

To be quite specific: BitCoin is a rejection of the regulation of monetary flows.

The cost of regulating any network actually goes up exponentially with the number of nodes that must be monitored (you need a hierarchy of systems to perform ‘guard labor’ to make sure systems are behaving within declared parameters).

But the cost of adding yourself to the BitCoin network is not exponential.

Yes, the cost increases over time. BitCoin has something called a Blockchain, which is a list of all transactions that have ever occurred, ever. You can think of this as an account ledger, containing the content of every account, everywhere. It’s a lot of data, and it gets bigger every day, and every first class participant of BitCoin must have all of it in order for the system to work.

You’re probably thinking, there’s no way that can work. Eventually, that becomes too much data, and BitCoin eventually devolves into the present state of affairs with specially invested institutions forming “the banking community”.

That is what I thought, as well.

We are right, but we are wrong.

BARELY SCRATCHED THE SURFACE OF HACKING BITCOIN

The system fails, but when? Storage and bandwidth are themselves getting hilariously inexpensive. You can’t just ignore time (like all those other programming languages).

My mistake two years ago was thinking too much like an engineer, and not enough like certain Business Insider readers.

BitCoin operates in a domain that is Too Big To Regulate. I predicted the number of systems monitoring Bitcoin transactions would fall — and it did, by about 75% last time I checked.

What’s important to realize is that it’s not the size of the base that matters.

It’s the fact that, if it was truly threatened, the cost to add more nodes — people participating in the Bitcoin experiment — is much lower than the cost to prevent the addition of new nodes.

There’s just a deep network of “hearts and minds” that can keep that BitCoin Ledger alive.

That all being said, BitCoin has not actually won the day.

There have been some major thefts – the BitFloor grab at 24,000 BTC, the Linode cloud robbery at 46,703 BTC, even the single user-steal at 25,000BTC.

But BitCoin’s profoundly cool design allows one to track the thieves.

When $50K of BitCoins is stolen today, and is $500K of BitCoin five years from now, every last cent of that filthy lucre can be monitored with acute cryptographic precision until the end of time.

And indeed, as far as I’ve seen none of the stolen BitCoin have actually been spent in any way. There’s actually an entire ecosystem around BitCoin – web sites, “mining pools”, and the like – all of which would have to stamp their approval on a transaction involving the obviously stolen funds, none of which have seemingly been asked to.

And that’s interesting, because possession of stolen property is and will forever be a criminal offense, and nothing is more provably stolen than the cryptographic taint of a transaction with money from a stolen account.

CONCENTRATION OF AUTHORITY?

I actually have no idea what will happen when these chickens come home to roost. Right now, everyone wins – hoarding BitCoins is probably the optimum strategy even if you didn’t steal them, people who were robbed move on with their life in normal circumstances, and the ecosystem can pretend things are better now.

The “official truth” of what money has changed hands is really in the hands of less than five or ten organizations, and that’s being generous. It’s somewhat the case that if those actors really anger people, the flareup could create a sort of cryptographically enforced uprising whereby a new set of actors takes majority control of ground truth.

But the power of the masses is only shrinking. BitCoin made a technical choice during its initial design that allowed some people to do far more work than others, simply by having a graphical accelerator or even by designing custom hardware. This is the precise capability that large financial actors and nation states have above and beyond the private sector’s capacity to produce, and it’s not obvious that even the BitCoin developers have the political ability to override a technical choice that would also harm the technology’s largest (public) players.

I provide these details to make it clear – the BitCoin experiment is not complete, there is actually quite a bit of interesting work to be done and it’s not at all clear what the future holds for the technology.

*** Check out my last post about BitCoin: Argentina Uses BitCoin to Protect Savings

BitCoin News: Hacker Tried to Hack BitCoin and Failed Hardcore Style

BitCoin News: Hacker Tried to Hack BitCoin and Failed Hardcore Style

New BitCoin Documentary and Article – Argentina Explodes with BitCoin Fever Discover Why

Argentina BitCoin Documentary Film Free Global Alternative Currency

Jon Matonis, Contributor

Bitcoin’s Promise In Argentina

It is nearly impossible to detach politics from bitcoin although many try. The reason being that everything bitcoin touches has social and political ramifications that are too startling to ignore. Argentina is no exception.

The mere existence of the Bitcoin network is subversive. The politically-shrewd and often critical bitcoin seeks independent validation like a jester in the court of monetary sovereigns. Just as last month’s headlines of confiscation at Cyprus banks catapulted the nonpolitical bitcoin into the minds of ECB-wary depositors, the monetary woes of Argentina showcase the potential for a cryptocurrency that can offer safe haven from a rapidly depreciating government peso.

Filmed in Buenos Aires, three bitcoin proponents set out to produce a short film on the impact of bitcoin in Argentina. The result is a beautiful 8-minute documentary examining the promise of economic growth in the ‘free’ or ‘shadow’ economy beyond the ‘official’ crippled economy. The film’s website, BitcoinFilm.org, references this ‘free’ economy as one of the world’s largest, second only to the U.S. economy, pointing out the obvious benefits of bitcoin when compared to paper cash which is becoming difficult and risky for transactions. Bitcoin exchange TradeHill even plans to launch a local Argentinian office.

New BitCoin Documentary and Article – Argentina Explodes with BitCoin Fever Discover Why

“In Argentina I have seen how Bitcoins improve the life for the man on the street,” says film collaborator Jacob Hansen. The other partners on the project, Stefan Godskesen and Mathias Linnemann, are equally excited about sharing the story and hope of bitcoin around the world.

Unfortunately, the world is too familiar with Argentina’s governmental and monetary abuses. Staggering annual inflation of 25% influences most daily decisions with price controls and monetary exchange restrictions trying to keep the lid on an untenable situation. To add insult to injury, the Argentinian authorities have erected capital controls that prevent the average person from transferring to ‘hard’ currency or gold and from using credit cards for international purchases.

Check out more information on BitCoin Read: Canada Claims BitCoin Not Tax Exempt!

New BitCoin Documentary and Article – Argentina Explodes with BitCoin Fever Discover Why

New BitCoin Documentary and Article - Argentina Explodes with BitCoin Fever Discover Why

Icelandic Economy Recovery Let Major Banks Fail and Now Economy is Booming

So what are we going to believe? A bunch of Crooked Financial Federal Reserve Terrorist or Proof in the Pudding. Let all big corporations and banks FAIL! Just like Ron Paul Said, let it hit the ground, it’ll be back up before we know it! But I guess we got to learn some more lessons don’t we America?

Icelandic Economy Recovery Let Major Banks Fail and Now Economy is Booming

Icelandic Economy Recovery Let Major Banks Fail and Now Economy is Booming

First Bitcoin, Now Gold: All Alternative Currencies Must Be Crushed (And the Brixton Pound)

First Bitcoin, Now Gold: All Alternative Currencies Must Be Crushed

Gold prices just entered a bear market. Down 21% from their mid-2011 highs. Today’s drop is the largest since 2/29/12 – LTRO2 and takes the price of the barbarous relic back to July 2011 lows. Silver is also seeing its biggest down-day since LTRO2 as it tests 2012 lows. Must. Destroy. All alternative currencies. A bad day for commodities…

Chart Shows Bear Market for Gold and Silver but Its Not Because of Lack of Demand

But lets check this out:

Like the trillion-dollar platinum coin several months ago, Bitcoin has jumped from a technical curiosity to “mainstream” financial news. It has become an object of economic escapism—but the kind you can’t escape from. Whether it continues to grow as a phenomenon has yet to be seen, but the underlying curiosity tells us that there is growing skepticism about global financial systems’ long-term viability, and a correlated grassroots interest in returning to smaller scale, offline, more locally-focused systems of exchange.

Economic anthropologist Keith Hart, who gave us the phrase “informal sector,” maintains that the previously bold dividing line between “legitimate” formal economies (with their megabanks, registered brokers, middlemen, and recognized currencies) is blurring quickly due to worldwide economic stresses. In a talk last year in Barcelona, Hart pointed out that in ailing countries, such as Spain and Greece, the informal practices that have been in place all along have re-emerged as a new kind of “formal informal” market, recognized by many citizens as a valid option for work, earning and exchange. This formal-informal connection is being accelerated by simple uses of technology says Ken Banks, founder of a global initiative to promote economic self-sufficiency Means of Exchange. A much broader potential user base, with web and mobile access, can coordinate simple economic activities, such as time banking, bartering, and local economic action that brings buyers and sellers, or workers and employers, together simply—more like Craigslist, less like Amazon.

Bitcoin may be the digital canary in the coal mine at the moment, seen as a test case for “new money” by both economists and tech enthusiasts, but its not the only game in town. At the moment, these simpler systems of payment and exchange get far less press and attention from money bloggers, but if we’re lucky, they will succeed without this attention—perhaps precisely because no one is looking.

Brixton Pound Great New Local Alternative Currency

Physical alternative currencies

While we fret about block chains, and coin mining, new analog currencies are taking root in the world. There have been various alternative currencies kicking around developed countries like Britain and the US for years, but the global recession has spurred increased interest in setting up small local systems of payment using money designed around local needs. These range from the Brixton Pound, set up in 2009 the South London neighborhood that gave it its name, to Bavaria’s Chiemgauer, a currency that started in a school and has spread to wider use, and the Credito, used by the Damanhur eco-community in Northern Italy. Most of these currencies “light touch” technology, (the Brixton Pound does offer a mobile version) but unlike Bitcoin, function physically, putting them in reach of even the unwired, which is critical to making these currencies accessible.

None promise to become the euro, nor even replace its various national antecedents. They are designed for and serve local structural interests, mapped closely to the economic patterns of its users, rather than a distant abstraction. Most authorities, who don’t see these local currency “startups,” as a threat, have stayed back, which encouraged others to try as well. The latest to come onto the scene is being created by the BilboDiru project, a group in Spain’s Basque country, to serve that region. According to a recent interview with the group (Spanish), the currency is so new it doesn’t have a name, though a poll has put hazi, “seed” in Basque, and bertoko, “local,”in the running.

A better means of exchange

Why is all of this happening now? According to Banks, a growing number of people worldwide have grown tired of being burned by globalization and just want to get back to functioning within sustainable local systems.

“Because of the way our globalised world works (great when it does, rubbish when it doesn’t), hard-working people, and communities, are being destroyed by financial meltdown in distant places,” Banks wrote me in an email. “Globalisation has eroded our incentives, and ability, to play well together as local communities, meaning we’re now less resilient to shocks of all kinds than we used to be.”

Banks, who knows technology from his experience designing FrontlineSMS, a platform that uses mobile short-message service to enable community engagement, believes that while projects like Bitcoin are interesting, they set too high a bar for the average person.

“Most of the action I see is around software development—people getting excited by local currency platforms, or virtual currencies,” Banks wrote. “The problem here is that these are generally being run by techies, and we need to lead with the problem we’re trying to solve, not a cool technology. Most of the software being developed is unusable unless you have a degree in computing, or a server that costs about the same as a small car, and is hard to understand.”

This doesn’t mean technology should be thrown out completely though, but rather used where appropriate to the task. For Banks, and a growing cadre of others looking at the issue, this means using technology as a simple underlying platform to bring various systems together.

“In terms of software and tools development, I’m fascinated by what we might be able to do if we can build a brand around local economic empowerment that resonates with a wide range of people, including younger people,” Banks said. “What we need is a platform—yes, I’d go that far – which can capture the whole range of behaviours and activities which make up a better locally-engaged citizen. Right now we don’t have that, and it’s problematic, and confusing.”

Many Places Around the World Are Looking at New Ways to Trade

Stories Found HERE & HERE

First Bitcoin, Now Gold: All Alternative Currencies Must Be Crushed (And the Brixton Pound)

How to Decide Small Denomination Silver and Golds Value in Free Market?

by: Tipping Revolution

Silver and Gold Tipping and Tender Bartering

As the United States and many other areas of the globe get to a point where competing currency are truly a power house, how will it come down to exchange rates, for example I tip my servers at restaurants with usually a 1 gram piece of silver and half of the perceived value (in my eyes) with fiat cash. So a $30 meal with a %10 – %15 tip would come down to me considering that 1 gram of silver around $2 even though at the current rate that’s not what it really costs if you we’re to turn it in for fiat cash.

What I’m seeing is that smaller denomination silver and gold will be and will always maintain a higher rate of exchange then that of higher quantity coins. Why do I believe this to be true? Well for example, and I’m sure we’ve all been there before, we walk into a gas station late at night and try to exchange a $100 bill. Most of us have had the experience of being told that they can not break such a bill so late at night, so all of sudden a $10 – $20 and $50 dollar bill have more to often to you at that moment then the higher quantity bill. Same thing applies within the free market. Being that there is higher exchange rates for small quantities there is more applicable usage for such currency.

Thusly why I believe purchasing 1 gram to 1/10 ounces to even 1/2 ounce silver coins will be more important into days changing currency revolution. What’s even more important to this is those people in States that currently are not adopting such bills to allow Silver and Gold as legal trading currency then you can start your very own revolution by purchasing small denomination silver and gold and using it to pay independent sources such as:

Lawn Care (Illegals and Teens), Tipping at Restaurants, Paying for services like Tax Preparation from Family and Friends who work in such fields, House Keeping (Friends and Illegals) and just about anything else that does not involve big corporations that will deny the fact to take such currency. The fact about this is… The chances to use small denomination silver and gold is really only limited to your creative nature to pay people in such things.

How to Decide Small Denomination Silver and Golds Value in Free Market?

So What it really comes down to is… Will you allow a reckless and out of control government tell you, that you can not pay with REAL (as precious metals – down to even copper coins) currency for the things you need every day? Taking back control of our financial system is OUR responsiblity, the trust we put into outside United State interest corporations such as the Federal Reserve will ultimately be our down fall, by simply taking the initiative and starting to use small denomination silver and gold where you can, you can be a catalyst for Economic sound currency and change in world economics in general!

So where are you going to stand? Purchase Small Denomination Silver and Gold – and if you have idea about how to pay with small denomination silver or gold please comment below!

*** I suggest you also check out my latest post: $150,000 a day spent on Bitcoin Mining Power Usage

How to Decide Small Denomination Silver and Golds Value in Free Market?

 

 

 

 

 

 

How to Decide Small Denomination Silver and Golds Value in Free Market?