[MarchonDC09122009]

Global banking breakthrough for one and all!

[tbpiper]

bump

[Yo-Yo]

Global banking breakthrough for one and all!

Right up until the power goes out.

[LostPassword]

>upend the existing status quo in global payments and remittances.
AND TAX COLLECTION
Expect this to be huge if governments jump on board. The first to implement a world-wide tax collection scheme is going to make A LOT OF MONEY. They won't collect taxes at the start. But once they become "the standard" they turn taxes on and have a monopoly that forces every producer and consumer to pay. And somebody like the UN will be able to tell them how much to charge and to who on a real-time basis. There will probably be a few (3 is the standard for monopolies to not look like monopolies - like AMEX, Visa, Mastercard with other minor players). But no other company can take the top 3 spots and no consumer or producer can avoid dealing with those 3. And those 3 make A LOT OF MONEY, especially with world-wide government support.

[VanDeKoik]

Computing giant IBM has launched a blockchain-based financial ....Um, no.

[Zathras]

Lots of new security features in the P9 IBM processors.

[DaxtonBrown]

I could use this, legitimately. So can crooks though.

[GraceG]

Maybe they can tattoo the numbers electronically to our arms this time instead of using visible ink....

[Hostage]

Central Bankers are the cause of 90%+ of problems in the world. They fund CIA type groups, basically murder for hire and they fund ‘chosen’ money managers to do their bidding who in turn hire planners to control markets and economies.

All the near instant billionaires got wealthy from Wall St. paper financed ultimately from accounts opened for central banking deposits. These are hedge funds, capital funds, securities traders, investment bankers. Among these is a pecking order and the ‘chosen ones’ are partnered to carry out financial controls. All of the financial power stems from funny money in the form of digital creation transferred to staged accounts worldwide.

Central Banks are centralized business platforms.

Decentralized banking platforms threaten the end of central banking and are expected to cause a war as a result unless central bankers can figure out how to get their cut and to keep the competition knee capped.

Central banks fund governments by creating money and IOUs from nothing.

But dark money is much larger than amounts allocated for funding governments.

Every time a politician or high profile person pushes to audit or bypass central banking, bodies disappear, politicians suddenly retire, presidents get assassinated. There is a deep correlation in these events with central bankers.

IBM is part of the central banking club. Their blockchain rollout is likely part of a plan to gain market control of decentralized banking platforms.

But blockchain can still be homegrown easily. The struggle for market dominance will likely rest on marketing, promotion and keeping people in the dark.

[oldbill]

No human being has even the slightest clue about what blockchain is.

Lots of people are going to get rich off of people who think they understand this nonsense.

Ask any one of these blockchain advocates to explain it in two simple sentences - or even one simple paragraph.

They can’t.

[Kartographer]

Headline six months from now:
Hacker group Deathdata 8 Chan beats IBM's Blockchain Is anyone safe?

Like Military Secrets Programs to secure data are the most fleeting of all