Fed testing FooWire blockchain with Hyperledger » News » Fed testing FooWire blockchain with Hyperledger

News Date: August 15, 2020

Federal Reserve detailed FooWire distributed ledger experiment designed to test whether the technology is suited for payments application.
The team built the system using Hyperledger Fabric, a popular DLT platform, because it generally met the team's design requirements of a closed network, mature technology, and enterprise readiness. The experiment highlighted the potential of DLT for certain payment uses, the quick speed with which a system could be implemented, the potential simplicity of smart contracts, and the range of functionality offered by such platforms. It further highlighted the need for more experimentation to better understand the possibilities for wide-scale adoption and use of any DLT platform for payments.

Quantum Banking System, quantum-grammar construct

Quantum-Banking system is the Declaration of Independence of the world, ending the Socialist Fiat debt system.
Russell-Jay Gould, Post-Master-General on Quantum-Grammar, Quantum-Banking:
Quantum-grammar essentially offers a mathematical way to write contracts in a proper and correct way which cannot be misunderstood, upholds integrity in contracting, and holds all parties duly accountable for whatever they promise to deliver. Unlike English, which is rife with confusion and carries contradictions and denials that most people know nothing about-prefixes like un and re for instance are negations-but which manipulative central bankers, moneyed bloodline families, and long lineages of moneylenders have operated to their secret advantage and to the detriment of the ignorant citizenry, quantum-grammar puts everything on the table in plain sight and precludes any kind of shoring up of advantage by anyone, while holding people to their word. Using quantum-grammar and proper ways to contract with each other and create the systems-banking, judicial, educational, communicational which will truly work for us.,

The IRS owned America, including the people

The below documents are a lien against America: all land, all real estate and each and every American.
This lien claims a debt value of $14.3 quadrillion; that's 14,300 trillion dollars.
A lien means that until the debt is paid, the IRS owns America, including the people.
Actually, the IRS is just the holder in due course for the BANK OF INTERNATIONAL SETTLEMENTS(BIS) which is located in Basel, Switzerland.
As the holder in due course, the IRS retains the right to enforce the claim and debt collection.
This UCC financing Statement names the "First Debtor" as The Federal Reserve System.
The U.S. Department of Defense is listed as the debtor's exact legal name.
The North American Water and Power Alliance is shown as the "Assignor".

US Sanctions Risking systemic collapse

Russia could ask for rubles or gold in exchange for energy. If that occurred Europe would have little choice. The real leverage in the Petrodollar system is on the 'petro' side.
It will be interesting to see how this develops. If energy payments begin moving outside of the SWIFT system, then the Petrodollar will be severely damaged.
Regardless, it's going to be disruptive and we're going to see additional problems. Very likely we will see further money printing and more stagflation.
The United States' attempts to simultaneously take on both Russia and China is a bad idea. We're forcing the two of them together while Europe is trying to play both sides. This situation will end with China and Russia gaining status.
Russian citizens have also been buying gold. This crisis will hurt their citizens, but this isn't Russia's first rodeo. The fact that Putin has done this either means he's lost his mind or he has a plan and found a window of opportunity.
We could see serious spillover effects on bonds and real yields.
The United States can't afford higher rates, and they can't remove Russia's oil without destroying their own markets.
We could see big changes should Russia use their gold as leverage. Possible scenarios that could occur should gold be revalued.

Central Banks lost control! Gold currency trust

Major central banks have totally lost control and the world economy is now floating around helplessly without direction.
Since sound money must be scarce, fiat money can never be sound since unlimited amounts can be and have been created. One of the very important features of gold is that it is scarce. The total global gold stock only increases by 1.7% or 3,000 tones per annum.
So scarcity is one of the important reasons why gold is the only currency that has survived in history.

Global currency debasement

Economy hits debt saturation point. Global economy has no capacity to carry any more debt - Max Keiser.
The new higher levels of debt that many countries are now moving towards are going to be sustainable without imposing significant costs on growth as well as equity within their societies.
Every dollar that these central banks print will go directly into consumer price index inflation - and you will see it at the cash register immediately, and that is going to incredible social unrest.
Global debt to GDP is now at all-time high in Q1. Overall debt for the non financial-sector now worth 252% of global GDP.
Get ready for extreme global currency debasement.,

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