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Margaret W. posted an update 5 years, 1 month ago
Practical Health Freedom Solutions w/ Catherine Austin Fitts, Dr. Dolores Cahill & Sayer Ji session on Re:Union Summit https://www.youtube.com/watch?v=Q5IHphq-Zos
The Giza Forum (Legacy)
Closed Archive of The Old Forum
Thank you for this amazing interview. Everyone should ‘watch’ minutes 44:00 to 49:49 and then rewatch it another two times. I would urge everyone not only to watch the video in it’s entirety but to also pay close attention to what Catherine Austin Fitts explains simply and thoroughly about ‘Cryptocurrency’ and ‘Blockchain’ as well the inherent flaw in the system which Sayer Ji simply does not get. And he is not the only one of many, many intelligent people who are too enthralled in the magic of cryptocurrency and promise of blockchain’s safety that they cannot simply see the bigger picture. This erroneous notion that digital currency could be decentralised and promote “freedom” is based on the one central pillar premise that all cryptocurrency is “based on a platform that they control. In other words the bottom line is that ALL cryptocurrency and blockchain is based on a platform that Mr. Global controls. Therefore no matter how you design it, it will never be safe and decentralised because it operates on the central tenet – the system that is completely controlled by Mr. Global.
from the video above: (minute 44:00 – 45:15)
Catherine Austin Fitts: “So, I’m – I’m a huge skeptic (cryptocurrency) because there’s one, you know if we were gonna to sit down and create the world’s optimal currency system, it would absolutely have phenomenal crypto digital aspects to it. You know, you would want all these things because it’s low transaction cost, it has ahh, you know it’s fantastic they way you could design and the things you could do, it would really be supportive of freedom.
The problem is we’re not designing for a world where Mr. Global wants people to be free and to optimize their total economics. We live in a world where we have a very powerful governance and management structure that wants total central control. And we’re playing on a platform that they control. And so how you design to bust up their monopoly is very different than how you design an optimal currency if you had a government structure you can trust. So, I think the question is how can we bust up their monopoly and get to a world where we could have a currency system that could be optimal.”