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    Spain Avalon Member Michael Moewes's Avatar
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    Lightbulb Hi. I just wanted to share this interesting article with you all. The truth about the money, you beleive is your's

    The Future of Money and Business
    Version 1.1 – August 2014
    -- By Scott Cundill
    www.scottcundill.com
    The Future of Money and Business – Part 1
    Welcome to a new world. A world where money does not exist and everyone lives
    in a Utopian society.
    But not quite yet.
    It will take time and an evolution of consciousness to get there. And it will require
    us to open our minds to some important and startling facts about this thing we so
    incorrectly call ‘money.’
    1. Money does not exist
    Money does not exist in the world today. Gold, silver and copper have been
    replaced by the promise to pay money. As strange as this may sound, a “promise
    to pay” made by a bank to you is termed money because these promises serve in
    effect as money. In other words, our global monetary system is made up of things
    like IOU’s, bonds and guarantees, but there is no actual money.
    2. The ‘money’ in your bank account does not legally belong to you.
    In legal terms, the ‘money’ in your account belongs to the bank, not to you. This is
    horrifying, but it is a legal fact in most countries. Instead, we enjoy a kind of rental
    agreement that grants us temporary permission to trade with a bank’s private
    IOU… for a fee of course.
    If I work for Vodafone and Vodafone runs out of money, then they could pay me
    with “airtime” instead. Airtime is a commodity that could be traded in effect as
    money. This is precisely how the banks work. Their ‘air’ gets passed around as an
    exchange for goods and services.
    3. A bank “loan” is not a “loan” at all. A loan is the creation of brand new money.
    When a bank makes a loan, brand new money is created. Sometimes this is
    referred to as Fractional Reserve Banking, but this is a misrepresentation.
    Fractional Reserve Banking implies that banks take deposits or other money that
    the bank actually has, then loan it out. It implies that there is movement of
    money into your account. This is completely incorrect. The entire amount of a
    bank loan is fabricated by the bank the moment that loan is granted. There is not
    a bank loan in existence today whereby the bank could actually show a transfer
    from their account to the borrower.
    4. Our economic text books are wrong.
    According to Lord Adair Turner, a former Bank Regulator, our schools and
    universities teach a “mythological story of what banks do.” Government officials,
    bank executives, lawyers, and pretty much anyone who has studied traditional
    economics, have been taught the wrong facts about how our banking and money
    system actually works. The Bank of England has also confirmed this to be true.
    5. Tax is almost entirely unnecessary
    In most countries, each and every cent derived from income tax is used to pay
    only the interest on that country’s national debt. Nearly all of this national debt is
    ‘created out of thin air’ when our government issues treasury bonds. Bonds are
    simply written promises given to the banks in exchange for their ‘money’ (airtime)
    which we the people must then pay back with interest.
    FACT: All money owed by a government or person to any bank is nothing more
    than a legal fiction. It does not exist. In fact, the word credit comes from the Latin
    word credere which means “to believe.” Debt, interest, IOU’s promises and
    money are all literal and legal figments of the imagination. Without belief (or
    ‘confidence’), the system will die.
    The Future of Money
    While we wait for Utopia, we should use alternative currencies. From global
    currencies like Bitcoin and Litecoin to community currencies like BerkShares, the
    solutions are tried and tested.
    So, now that we know the truth about money, here is the solution to all our money
    problems… and it’s coming very soon to an Internet near you:
    To open a business, simply go online and set it up. Your company will trade both
    online and offline, but there will be no registration fees and no annoying
    documents to sign. There are no ID papers to submit and since there is no
    registration with the government, that means… no tax, ever!
    Then, open an account with one of the many decentralised peer-to-peer
    alternative currency exchanges. You can transact anywhere in the world without
    using dollars, euros or yen. Instead, you will trade with alternative currencies.
    Naturally, there will be no bank charges, no transaction fees and certainly no
    interest. There will be no weird legal documents to sign. Criminals will be stopped
    in their tracks not by a police force but by peer-to-peer reputation – too many
    complaints will see a business being blacklisted and nobody will trade with them.
    This self-management technique is already used widely across the web and… it
    works.
    Personally, I am proud to be part of making this a reality. I hope you are too.
    In Part 2 – I will elaborate on this amazing concept of “off-the-grid business” and
    answer some pertinent questions such as “what will replace tax?”
    Scott Cundill
    Get more articles from Scott at www.scottcundill.com.
    The Future of Money and Business – Part 2
    The off-the-grid businesses revolution is beginning. And we are going to thrive.
    Off-the-grid businesses operate outside of the conventional banking system. They
    do not register with the government. They do not pay tax and they don’t supply
    reams and reams of paperwork just to “comply.”
    Well, not completely anyway.
    Most intelligent people continue to run their existing finances, while quietly in the
    background they are building parallel off-the-grid businesses.
    Does this approach sound radical? Before you formulate an opinion, it is vital that
    you understand and research the background of why businesses and individuals
    are choosing to go OTG.
    How it all began
    Centuries ago, merchants traded with physical gold, silver and precious gems.
    Carrying around this kind of wealth was dangerous, and for this reason the
    goldsmiths who fashioned and worked with precious metals became the
    guardians of those metals.
    While their physical gold sat in a goldsmith’s vault, merchants traded with pieces
    of paper that served in effect as money. These were called negotiable instruments
    because, like a ship negotiating difficult waters, these instruments would be
    negotiated from one person to another as payment for goods and services. At any
    time, a person carrying these pieces of paper could take them back to the
    goldsmith and redeem them for the original physical gold.
    If a merchant wanted a loan, they could go directly to a goldsmith. The goldsmiths
    quickly realised that instead of loaning real physical gold, they could loan a piece
    of paper, or a promise to redeem some gold at a later date. This promise, called a
    promissory note, was a piece of paper with an amount written on it. So confident
    and trusting were the merchants, that they accepted and traded with written
    promises instead of actual gold.
    Of course the goldsmiths betrayed this trust. They began handing out more and
    more pieces of paper as “loans” – even though they did not have enough physical
    gold to cover them. They would literally create the money for their loans out of
    thin air. Ironically, exactly the same principal applies today. Banks fund cartels of
    debt collectors, liquidators and lawyers who roam the land, collecting debts and
    auctioning off people’s physical property for a fee. So corrupt is this process, that
    they even have the audacity to charge interest on these fictitious loans. With
    massive amounts of riches being accrued, banks can indirectly fund anyone they
    want. Armies and countries are at their mercy, all funded by money which they
    create out of nothing.
    Welcome to the sordid world of money-lending, otherwise known as debt.
    To this day, goldsmiths work from a ‘bench.’ In Italian, the word for bench is
    banka. This word banka became the origin of today’s word ‘bank.’ In fact, the
    word bankrupt literally means ‘broken bench’ because, if a goldsmith-banker was
    caught cheating, their bench would be physically smashed in the public square.
    Today’s banking system originated from those same goldsmiths who became
    exorbitantly rich thanks to this monumental scam.
    Exactly the same process happens in banks today. Only this time, there is no gold
    or silver at all to back our currency! All our ‘money’ is a legal fiction. It is a
    fabricated belief backed purely by the false-confidence of the trusting masses.
    People begin to wake up
    There was one serious flaw to this great scam: there were far more pieces of
    paper circulating as money than there were actual gold and silver in the vaults. If
    everyone came at once to collect their real gold and silver, there was nowhere
    near enough to pay all of them. In order to perpetuate this monumental lie, the
    bankers (now known as banksters), would lobby to have laws passed that would
    limit the amount of gold that could be collected, and when. They also did their
    best to ensure that life was too dangerous to ever allow people to walk around
    with physical gold. And, above all, they had to keep this secret from the masses,
    which is why today’s school and university textbooks that teach banking practice
    are incorrect (see http://www.newera.org.za/our-economi...ooks-arewrong-
    says-bank-of-england/).
    Anyone with a bank account is on the receiving end of this debt nightmare. Even if
    you have do not have a single loan in your name, the money you have in your
    bank account was issued as debt and someone, is obliged to pay it back. Never
    before are so many people under so much pressure to earn money, pay tax, pay
    traffic fines, pay school fees, pay for petrol and electricity hikes, etc.
    So now the fight-back kicks in.
    A solution: Off-The-Grid Business using Alternative and Crypto-Currencies
    For centuries, the banksters have been getting away with their scam. I discussed
    this in part 1. When a bank makes a ‘loan’ it is not a loan, it is a complete
    fabrication of brand new money with interest charged on top of this amount. If
    you don’t pay it back, their well-funded cartels clinically auction your property
    with a complete lack of moral decency.
    But recently, something has happened that the banksters did not expect. The
    Internet appeared. Clever people who take the time to see the light are creating
    online opportunities that level the playing field. People are sick of filling out forms
    and supplying pages and pages of documents just to open an ordinary bank
    account. They spend weeks trying to register businesses with the government,
    and are then forced to comply with expensive audits and a plethora of legal
    mumbo jumbo that binds them into a black-hole of nothingness. In South Africa,
    there is a term called gatvol. It literally means “my hole is full” – we’ve had
    enough!
    And so today, many kinds of alternative currencies are appearing. The most
    famous global currency is bitcoin. Bitcoin is a decentralised peer-to-peer trading
    system with a finite number of coins in circulation. Because it is peer-to-peer, it
    cannot be closed down (although the dark forces have tried). Hot on the heels of
    bitcoin are about 200 other global online currencies such as litecoin, darkcoin,
    maxcoin, peercoin, ripple and hundreds of other coins. They are global and
    running off the Internet as we speak.
    Then there are local currencies, or community currencies. Berkshares, Ithica
    Hours and the Community Exchange System (CES) are examples. These currencies
    are created by local communities and given to people as payment for benefitting
    the community. They fix roads, plant food gardens and restore buildings. Instead
    of getting paid by commercial bank promises (aka ‘money’) the workers are paid
    with these community currencies. Where does this currency come from? It is
    created out of thin air by the community, thus replacing the interest baring loans,
    also created out of nothing, that would have resulted had they used conventional
    bank money.
    We the people need to grasp one very simple concept: we have everything we
    need to make our country thrive! Do not be fooled by the complicated nonsense
    of economic indicators and inflation rates, national budgets and balance sheets.
    All you need to know is this: you are being ripped blind by a corrupt and flawed
    banking system.
    Stay tuned for the Grand Finale to this series of articles. Sign up for Part III, and
    other great articles, at www.scottcundill.com
    The Future of Money and Business – Part 3
    Our banking system desperately needs competition. That competition has arrived.
    Clever people are setting up their own off-the-grid businesses and are beginning
    to trade with alternative currencies. When there are hundreds of thousands, and
    eventually millions of us, it will usher in a new era of prosperity.
    We need to move away from conventional banking. The global money system is
    corrupt and places an exponentially growing interest burden on us that can never
    be repaid. It thrives in times of war and poverty. It financially cripples the people
    of the world and places monumental power in the hands of giant multi-national
    corporations. But a new breed of off-the-grid trader is emerging. He doesn’t pay
    tax, he doesn’t register with the government and he certainly does not comply
    with all the rules and regulations that the current paradigm thrusts upon him.
    But hang on just one second…
    (This is where some people stand up and yell “Hey, these people don’t pay tax! If
    they don’t, why should I? Who is going to pay for the roads and the schools?”)
    I am now to quickly dispel these myths.
    1. What about Tax?
    How can we pay tax when these ‘radical Internet people’ do not? It’s so easy.
    Here are the three solutions to the tax dilemma:
    1. Tax will be replaced by a very small transaction fee. These fees will be
    small, but high volume. The currency generated will be enough to fund all public
    and community works. (Research TEAL or other transaction taxes proposed by
    many academics. You will see this is a verified fact).
    2. Contrary to public opinion, most of our taxes do not go to roads and
    schools. They pay only the interest on our national debt. By the time the money
    gets to the builders and teachers, there is very little left over. The solution is
    simple: a community based alternative currency, such as those outlined in Part II.
    The over-riding organisation established to facilitate this is a People’s Bank. This is
    a transparent bank that allows the government to print its own money, interest
    free and tax free, without having to borrow it from the global banksters. Visit
    www.ubuntuplanet.com for an international lobby group on this very subject.
    Also note that Iceland, the one country that booted the banksters, is thriving
    thanks to this kind of alternative thinking.
    3. Those who are successfully working off-the-grid will uplift their local
    community directly. They will organise the resources required to get the job done
    and real change will happen. They are the ones standing in a firm place, so they
    will move the world.
    2. What about legal compliance?
    The author is not a lawyer and he does not advocate breaking the law. He can tell
    you that certain countries are already accepting alternative currencies as legal
    tender. In fact you can buy a beer and a pie in a German pub using Bitcoin.
    Some countries may ask you to declare your alternative currency transactions,
    especially if you buy them using “cash.” However, in most cases you will not
    obtain alternative currencies by purchasing them with cash, but by earning them.
    This is where the real excitement comes in. These transactions cannot be traced
    or audited because they are not connected to the current global banking system.
    3. Who will catch the crooks?
    Governments who do not embrace the above solutions will want the use of
    alternative currencies to be tracked, audited and taxed. However, let’s face it –
    policing this is going to be impossible. They would have to raid every home, hack
    private computers, find and login to all the alternative currency accounts and
    then prove that these belonged to the owner. It’s not going to happen. The NSA
    tried. The NSA failed. The Internet is free and alternative currencies are rapidly
    growing in popularity.
    As any techie will tell you, the Internet is self-regulating. That is how it works.
    People will have ample opportunity and choice to deal with whichever exchange
    is best for them and their community. Different systems will work in different
    ways. It is up to them. It is up to us.
    This revolution is required because the existing banking system is failing the
    masses. When governments and banks stop raping and pillaging, only then will we
    give it our creative energy. Do the right thing, and the people will happily declare
    and pay their dues. But carry on with this insane lunacy, and we will continue to
    see more and more people ‘opting-out’ and going OTG.
    4. These currencies are unregulated and are used by mafia and criminals.
    And exactly the same can be said about our existing banking system!
    If you think that our banking system is regulated, then you need to open your
    eyes. For example, the derivatives market is 30 times larger than the GDP of the
    entire planet. This is the ‘casino’ that the banks play behind our backs, mostly
    using computers to run High Frequency Trading (HFT). The derivatives market is
    unregulated and accounts for the vast majority of global money transactions.
    If you think our current banking system is safe, please seek psychiatric help. The
    monumental libor and interest rate swap scandals of the past two years have
    proven that bankster corruption goes right to the top. Cyprus citizens had their
    money ripped from their accounts while several countries in Europe were forced
    at economic gunpoint to hand their governments over to the banking cartels. Last
    year Detroit, once a great American city, went into receivership. I could speak for
    days on this very subject.
    However, let’s be fair. Because alternative currencies are untraceable,
    decentralized, global, and almost free, they are as good a place as any for the
    mafia to hide their store of value. The only difference is that they hide it in a
    system that is fair for everyone.
    Getting started
    There are two ways to get into the alternative currency game:
    1. You can trade your products and services using alternative currencies
    2. You can invest in them right now
    If you have products or services to sell, then you can start trading in Bitcoin,
    Litecoin and many other cryptocurrencies today. Simply go to their websites and
    become a merchant. You will need to research this yourself as there is not enough
    space to teach it here. As I progress with these articles, I will explain this in more
    detail.
    However, if you wish to invest in Bitcoin and Litecoin right now, this is easy.
    Follow these steps:
    1. Go to http://www.avatrade.com/?tag=44107
    2. Click on MetaTrader 4
    3. Download and install MetaTrader 4
    4. While it is downloading, click “Open a Real Account” – don’t worry, you don’t
    have to pay.
    5. Follow the sign-up process. These guys are very professional and you will need
    to supply a copy of your ID and a utility bill with your address on it. They are based in
    Ireland.
    6. They will call you from the UK to introduce themselves and assist.
    7. When your account is open, use your credit card or Paypal account to deposit
    money into your trading account. You can get it back at any time.
    8. Open the Meta Trader software you have just installed.
    9. Right click on LTC_Mini (LiteCoin) or BTC_Mini (Bitcoin) to view a graph of their
    performance.Right click and choose “new order” to make your purchase. 0.01 volume =
    1 unit. So if you want to buy 1 unit of LiteCoin or BitCoin, then set your volume at 0.01. A
    volume of 1.00 = 100 units.
    10. This is not professional advice, but I do suggest that you see this as a
    long term investment. Bitcoin went from $5 to $1,200 very quickly. LiteCoin is currently
    around $8. Cryptocurrencies fluctuate hugely. Do not do this because you want to make
    quick money on a daily basis. This is about investing and supporting a future of
    currencies that are alternative to the banking system.
    11. LiteCoin is currently at its lowest price in months.
    In closing
    Please imagine for a moment, a village from a thousand years ago. Every morning
    the people of the village come to the well and take just enough water needed for
    the day. In times of drought, it was a simple case of taking slightly less than what
    was required, but there was always enough for survival. Then one day an army of
    bandits attacked the village and took control of the well. They forced the villages
    to give their real assets (food, clothing and materials) in exchange for water.
    During times of drought, the villagers were told to pay more real assets for less
    water, while the bandits used the people’s resources to build their own personal
    empires.
    One day, a small group of villagers discovered that the bandits had secretly dug
    the well deeper. In fact, the well was dug so deep that it reached into an
    underground freshwater aquifer. There was now an unlimited amount of water
    available, but in order to preserve their hold over the village, the illusion of
    scarcity had to be maintained. What did the villagers do when they discovered the
    misrepresentation? This is precisely the situation we are in right now with global
    economics.
    Until now, there was no solution. Now there is a solution – BitCoin, LiteCoin,
    Dogecoin, m3Coins (coming soon) and all the other alternative cryptocurrencies
    out there. To those that pioneered the way, I solute you!
    Visit www.scottcundill.com for more articles like this.

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    Default Re: Hi. I just wanted to share this interesting article with you all. The truth about the money, you beleive is your's

    Meja - All 'Bout The Money

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    Default Re: Hi. I just wanted to share this interesting article with you all. The truth about the money, you beleive is your's

    Many believe the controllers are poised to pull the plug on this version of the money system. Their lifetimes of planning finally coming to fruition. Bankers have lobbied hard to have laws and regulations put in place to enable them to steal or control our money legally. They have tools in place that will shock the average person with a few dollars in their bank or have some shares in a market account. All of it subject to confiscation, legally. One World Order, One World Taxation, One World Money. No one can stop it. Read and study the International Emergency Economics Act (USA). Professional thieves applaud them for their creativity. Right under our noses.
    The quantum field responds not to what we want; but to who we are being. Dr. Joe Dispenza

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    Default Re: Hi. I just wanted to share this interesting article with you all. The truth about the money, you beleive is your's

    Quote Posted by conk (here)
    Many believe the controllers are poised to pull the plug on this version of the money system. Their lifetimes of planning finally coming to fruition. Bankers have lobbied hard to have laws and regulations put in place to enable them to steal or control our money legally. They have tools in place that will shock the average person with a few dollars in their bank or have some shares in a market account. All of it subject to confiscation, legally. One World Order, One World Taxation, One World Money. No one can stop it. Read and study the International Emergency Economics Act (USA). Professional thieves applaud them for their creativity. Right under our noses.
    Looks like federal lands are possibly being staged for collateralization... and thus via money magic the US has returned to it's english roots, NO ONE even knows what an allodial title is; much less possesses one... we are share croppers, feudal slaves who think the laws that are all written around "property" still apply and protect us.
    Hard times create strong men, Strong men create good times, Good times create weak men, Weak men create hard times.
    Where are you?

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