Explosive Testimony Shows the real motive behind Facebook’s Libra.

In the congress testimony of Facebook’s Libra it is now known that Libra is not a Cryptocurrency, it is a Digital currency and that in itself poses a concern. Where the media giants are clearly uneducated to what a real Cryptocurrency is and what a digital asset is, they show the world how clearly uneducated and uninformed they are, and that is the real problem in this country.

Facebook is not creating a Cryptocurrency, rather it is creating a digital asset that would be governed by a select few, does this not sound familiar. Libra if it is allowed should not have a Libra association, for if it does have such an association it is not defined as Cryptocurrency rather a digital currency, that poses serious financial issues, and security issues, not just for the United States, but for the entire world.

With the actual Testimony from Mr. Marcus, it is clear that the Governing body would be the Libra Association. This in of itself, is a back door to a centralized currency for a payment tool that would stifle competition, just like the Big Tech Companies have censored American Citizen’s free speech.

Bitcoin, on the other hand, is a Cryptocurrency whose value is designed back by real math and scarcity. There are miners which solve highly sophisticated mathematical computations to provide hash power across the network, which provides security to the network. There is also the factor that each and every single transaction is verified by the miners, and no fraudulent transaction will be allowed because

the miners would not give a consensus to the transaction, and therefore would be rejected. Another factor is Bitcoin is divisible by one-hundred-million units known as a satoshi. A unit or Bitcoin is not automatically currency, for example a unit of bitcoin can be a share in a company, or it could be a kilowatt of energy, maybe a donation to education. Bitcoin is not limited to be an actual payment currency it is a technology.

The real danger is the media as well being utterly uneducated to the difference. LIBRA is not, and should never be put in the category of Cryptocurrency, because it is not Cryptocurrency. What Facebook is proposing is a complete control of not only our voice, our elections, and media, but also our finance and cannot be allowed.

“If the citizens of the United States, ever allow a central bank to control their currency, first by inflation, then by deflation, the banks and the corporations that grow up around it would deprive people of their property, and our children’s children would wind up homeless on the very continent their Fathers conquered.” - Thomas Jefferson.

These words were proven true, If we allow this to move forward the dangers of our rights and our entire world would become a disaster. Big Tech needs to be regulated, broken up and deprived of any ability to control anything as important as rights, media, and most of all money.

If we fail to prevent this the results could be disastrous for our country and prosperity.

Mining the Right Pool

INTRODUCTION

Have you ever heard that miners are not getting real payments while mining? Have you watched countless youtube videos, where they show how little they are getting? Well they are mining on the wrong pools.

Yes today we will show with picture proof and explain why you are suppose to mine only on a peer-to-peer pool this way you will surely see the difference.

Centralized pools

Certain pools are around forcing you to create an account, and then you must use the user name and worker on your ASIC miner. This is not getting the full ptential let me show you a picture of a pool I was mining on.

Note from Block 38340, in the 5^th column the reward is 0.03987. It does not carry a steady increase of share revenue every so often. This may be because the p[ool is not connected to the main network and is solo mining each block. Which means the amount of hash power you are contributing will be what you receive, unless of course, a miner comes on with a drastic increase of more hash power than you have. There is no steady increase in shares, in fact it could possibly go down. This shows that the centralized pool may not be for you.

PEER 2 PEER MINING POOLS

Now let us look into a p2p mining pool.

Note on the Left hand side column you will see DGB network hashrate. This indicates that the pool is connected to the DGB network and the entire network is working as a single unit. Now look at the Right hand side where it says, “Expected time to share”, This tells you that you will receive a share increase, (pay increase in share) every 6 minutes and 55 seconds

Q: How does one know what they will be making if they do not stay on the P2P pool for the six month max?

A: THEY DON’T

In closing think of this in this light. The SHA256 Algorithm was created by NSA on the Nuclear launch. Think of the Military you get paid a rate plus, Time in service, and time in grade. This means, the longer you stay on a p2p pool your shares will steadily increase.

Always research for yourself do not listen to anyone else the above sample I showed you the miner only has 39 TH/s and he is receiving 39.05 per block every 9 minutes or so. That is 39 cents at today’s exchange rate per block and there are usually 6 to 8 blocks per hour for a twenty four hour day.

Remember use your own research do not listen to anyone, they may mislead you. Always research this for yourself, as it is for anything else in life.

Bitcoin, The Block-Chain Technology, Cryptocurrency Solves problems our Financial system fails to do

 

The world Financial Community, as well as Legislators have failed this Nation and thus the World on many factors. For one the control of the Federal Reserve Note has been a continuing problems in the world preventing the Creation of a stronger economy. With the restrictions placed on hourly wages, and no caps on the cost of living the Financial sector has been the cause of all of the financial crisis our Nation and the world has ever seen. People cannot get ahead because the Legislators, especially that of New York, has been taking kickbacks, and campaign contributions to further keep the control and enforcement of financial institutions that have nearly bankrupted our nation and the world.

The system has failed in another most important aspect of just basic human development. That major factor is self-responsibility. If you ask any Legislator if they can teach the tools to have people become self responsible, could they get that across for a good majority to be self responsible in ninety days? All would answer no, which would continue the spiral decline of the economy because they fail to fully understand the capabilities of the Block-Chain technology and Bitcoin in itself.

With the innovation of the Block-Chain, miners are automatically forced to be self responsible. For example If you have two-hundred dollars in Bitcoin, and you send one-hundred dollars in bitcoin to your brother, that transaction needs to be confirmed by a miner. Each transaction needs consensus and confirmations. There are a certain number of these transactions in a block. Each block, depending on the coin is received in a certain number of minutes. The miners are rewarded a certain number of coins based on the amount of work they are providing. This is basic knowledge, but where the self responsibility comes in, is a miner now needs to know what income he or she is gathering from that coin, so that miner now must decide upon what other coins have a good transaction network, which in turn would give the miner a good reward for the work he or she is providing to the network.

With this self responsibility, and understanding that the person alone is responsible for his or her reward, then they can now fully be a major contributor to the economy. This is mainly due to the fact that a miner can never be laid off, nor can a miner be fired. A miner can never loose their employment which means the money will always be there, regardless of the price drop or rise.

This brings me to the most important factor of what most do not understand. Bitcoin Is decentralized, and will always be Deregulated. The fact for this is YOU ARE NOT TO TRUST THIRD PARTIES EVER! You are not really suppose to give your currency to an exchange. You are not to put it in a bank. You are the bank and should have complete control over your currency, and be able to exchange them securely, and safely from your own mobile device or computer. The actual thought to have this technology follow the same rules of those that have caused every major financial disaster is not only insane it is irresponsible.

Most uneducated people always argue that Bitcoin could be used for terrorism. How ignorant are they? Do they not realize that all terrorism has been fully funded by the Federal Reserve Note? Here is the answer get rid of the Federal reserve note, so there can no longer be under the table payments, and keep a digital currency so there is an open source public ledger of all transactions. Do not tell me these stories that you can not see the forest past the trees.

The only true way of self prosperity is digital currency. You are responsible for yourself. Think of it in this way. You go apply for a job. The job is offered and the manager tells you that your position pays $9.50 per hour. You jump at it, why because you need the job. So the first two weeks go by, then a month, and now you are complaining you do not have enough money to pay the bills. You knew the what they paid when you took it, why on earth would you think that you would have money when you cannot even live on that wage? How ignorant are you? Then you foolishly blame your employer for your troubles when it was you that took the job because you did not stop to figure out what your expenses were and what you needed to make to live comfortable. Why did you take that position in the first place?

I offer facts, not opinion. Digital Currency upon the Block-Chain technology is truly the only source that can be trusted, providing you are not using third parties, to fully strengthen our Nation’s economy and the World Economy.

Cryptocurrency 101

Cryptocurrency is the worlds most innovative technology that has ever been available to anyone. The most important piece of this technology is the blockchain technology that incorporates an “ ANTI-TRUST” foundation. In other words,there is no Government agency stealing a percentage, or a crooked bank skimming a percentage. This technology verifies all transactions in order to promote a secure and efficient ledger,which is open source so that transactions are publicly recorded.

The very idea was to actually have self-ownership of your money. This is done by mining and staking. This is the ONLY way to have self ownership of your currency. POW(Proof Of Work) and POS (Proof Of Stake). Many people are still going the wrong way of investing. While Investing may be fine, it is the wrong way of doing this. First of all you no longer have self ownership of your money. Your currency is now invested with a third party, which is the very thing crypto currency was trying to eliminate. Second it becomes counter productive because as less Bitcoins, per say, are left to be actually mined, the whales will not be able to lower the price down that drastically because of the less coins available. Making them more valuable and increasing the price.

Proof of this stems from two years ago when the Bitcoin price was steady at a value of $200.00. People were investing ten of thousands of dollars world wide, but in one single month did Bitcoin rise from $200.00 to ten-Thousand Dollars? The answer is no. This is because there were still a larger supply to be mined. Now in 2018 the actual supply left to be mined is less. This is the problem of why investing is the wrong way to do this.

As it was stated in a previous article from this blog, you must mine in a way that gets you the monthly salary you need to live and have some extra. There is a large measure of self-responsibility that comes with mining crypto-currency full time from home. While it allows you plenty of down time, fun time, and free time, there is a time when you will have to take action and handle repairing and maintaining your equipment. Again, this is the self responsibility you must have.

You can always go back and check previous articles of this blog to give you the information you need on mining as well as Staking coins. There are several ways to do this. If you are truly smart .with math and metrics, you can do this as easy as a child connects the dots.

Proper and safe use of any staking wallet.

With the ongoing scams, ICO investments that may or may not be legitimate, you need to understand more than ever that you are solely responsible for your money. It is far better and profitable to mine your own crypto currency, and stake your own coins to gather interest. This is not only the far best way, but it shows SELF-RESPONSIBILITY.

Just a few little security items that need to be addressed when downloading a staking wallet.

First, after a few days when the wallet is completely synced to the network, be sure to encrypt the wallet with a password. 

 

 

Write it down somewhere where you will know where it is in the event that you need it. The wallet will automatically shut down and you will need to restart it. Once the wallet restarts you will need to open it back up, remember a staking wallet will need to be UNLOCKED for staking only. You can do this in the settings tab where you encrypted it.

Second, you will need to back up your wallet. You can either use the backup in the settings of your wallet, or go to your Appdata\Roaming section and copy the wallet.dat file to a flash drive. Your choice.

 

 

In either case you will need to keep this file off the computer and in a secure location, so you will not loose your coins. The reason you do this as soon as you encrypt it is you now have a fresh, un- tampered file that in the event of a computer crash, or some idiot hacks you, your fresh file can be used to restore the coins on another computer at anytime.

Hope this article helped you realize the facts of Self-Ownership of Crypto Currency. While the majority invest, which is not what Bitcoin and others was truly meant to be, the smart ones declare self ownership by mining, and staking(Minting).

Bitcoin News Sunday, July 6, 2017

The world of Crypto currency Ignites. The playing field is starting to look up. There are countless blogs such as mine that give free information and eduction on how to earn a living with cryptocurrency, and they have many sites trying to scare you you have to use some good judgment when it comes to articles. If they are telling you to dump a coin, or that a new particular coin will rise better than Bitcoin, please be cautious. There is no proof of things that the fear mongers state, and there is no evidence that the new coin promoters will be attractive to the miners.

There was talk before the fork split that people should not use electrum, and go to Bitcoin core wallets, Well I ignored that right away, and come to find out the BCH or Bitcoin cash fork overwrote the core wallets, weather this was true, fixed or anything, I was unaffected, because I ignore anything that does not meet logic. Electrum wallets are synched automatically to the block-chain. That means they have no block-chain to download. This means safe. I had no problems with the Electrum Bitcoin wallet and after the smooth fork the transactions were there without incident. Glad I use my own decisions instead of listening to the ramblings of those that actually make no sense. There were even people telling others to use electrum.

 

 

Hopefully most listened to logic instead of People that truly know nothing, but just think they do.

BITCOIN SOARS

What is happening? Bitcoin surpassed the $3,000 mark? This will mean that there are some great changes coming to the playing realm of cryptocurrency. With every new favorable legislation that helps people break the bonds of the central banks, the people and the economy of the world has the possibility of flourishing.

With the coming weeks, into months, you will see many coin prices rise. This is mainly because people in general are slow to respond, and it takes some a little longer to get their feet wet. Think about a pool in summer, there are those that will jump in with both feet right away, and then there are those that will slowly waddle until they feel comfortable enough to start to swim. The same goes here. Patience will be the deciding factor on who benefits now.

Here is an article of more reasons why coin values can rise pretty fact.

https://bit-media.org/news/bitcoin-news-3-august-2017-bitcoin-derivatives-set-to-ignite-prices/

Bitcoin Cash Situation

 

After careful Consideration, We have to understand That it is the MINERS that decide the coins. If you look at this like any other business, a MINER has to mine in a way that produces a profit, or at least a revenue.

With that being said, Bitcoin Cash (BCH) is not really looking like a coin that miners will take to because of some very interesting flaws.

1. Mining pools are not finding blocks in a very normal way as well as blocks are being mined from an unknown source, This worries me.

2. The wait for a transfer is not economically sound.

As you can see as A miner it would not be a coin that I would mine at this time. I would not mine it just for a Possible future, I would only mine in a way that would make what I want. If you use the Correct Mining Process, You should have multiple streams coming in regularly and not just one coin.

If you are mining One coin I am sorry that will never do what is needed. Multiple coins, and each coin or way should be studied to ensure the block difficulty, and of course how long does it take for a block to be paid to miners.

At this time BITCOIN CASH (BCH) does not look like the right coin for a miner to mine and until such times as that changes, it may mean the end, because it is the miners that make the coins, and the miners cannot make blocks if they are not being found. Think about it, even the miners earnings are transactions that need verification, and if there are no blocks, no transactions, it will end the coin.

Read more here:

BITCOIN CASH: More Mining Pools Start Generating Bitcoin Cash Blocks

A retweet that Shows truth

There is certain entities that have no understanding of Bitcoin thinking they could make a private blockchain and make a National Currency. That is the most Illogical, idiotic idea, but what do you expect from morons that do not have any understanding of the concept?

"National cryptocurrencies will never be able to compete with Bitcoin because no one will trust a system that requires advance permission from and which is controlled by a government to use it. "

Read full article

Do Not believe the rumors

                     There is a lot of speculation on things that are going on with Bitcoin, I am here to tell you that no matter what things are not like they seem. First of all the cold hard truth is those individuals that seek regulation for bitcoin are criminals. Understand this all banks are criminals, they use regulation as a scapegoat because the banks themselves were laundering drug money. This currency can never be regulated, ever. The only regulations that can be done is against individuals doing crimes. My advice use it right, how hard is that?

The bitcoin unlimited group is out voted on all major exchanges, the truth it will be looked at as an Alt coin, now that is good because there will be no split, and the bitcoin unlimited will have it's own unique blockchain. I for one do not agree with them neither does a lot of programmers I know.

Second we must address china going to them. It is no secret that China is not the king of miners any more, India is taking that lead. All that needs to be done is more nodes, more mining and more markets in India and the top country will be India, there will be no notice of china gone. Look, China has one major flaw, they try to centralize everything, they backed their money by gold, did we not do that? Did not the elites steal the gold? It seems to me that China has not learned from history, and they are doomed to repeat history. In other words China will also fall prey to the elites stealing their gold

In order to assist people in understanding that there truly is no competition between coins, it is the same thing, only each coin brings the developers own spice to the table. I have submitted a solution that can prevent any attempt to centralize this currency again. Let us see what happens.

BITCOIN SHOWS NO SLOW DOWN

These stories from other sources are a great way to show more proof that Bitcoin and other Cryptocurrency is not showing any signs of slowing down anytime soon. Due to all the flack it clearly shows the Blockchain technology is cutting edge in financial freedom for all. As the demand grows worldwide, it shows that this currency will be a driving force in rebuilding world economies, despite all the false propoganda.

  As you can see proof is worth all the money in the world. Bitcoin represents true freedom, and all these new markets are just waiting for creative minds to open up a whole new innovative world.

NASDAQ Helps NYIAX with Blockchain Technology to Create an Advertising Exchange

Bitcoin's underlying blockchain technology has created a new milestone. The digital currency technology is now being used to power an advertising contracts trading exchange. The New York Interactive Advertising Exchange (NYIAX), set for launch during...

More Weekly Trading Volumes For LocalBitcoins As Global Demand For Cryptocurrencies Keeps Growing

No one will be surprised to learn last week was filled with more trading volume records for LocalBitcoins. Global demand for cryptocurrency is not slowing down by any means, that much is certain. New ...

http://www.newsbtc.com/2017/03/14/purse-blinktrade-partner-focus-untapped-bitcoin-markets/



Bitcoin companies have to fulfill their duty of promoting the use cases for cryptocurrency. Purse, a company well-known among bitcoin users for their Amazon shopping discounts, announced a partnership...

The Elites are Failing—BITCOIN and all cryptocurrencies are here to stay.

What The Elites foolishly thought of as a joke, has quickly turned into one of the greatest weapons to start their downfall. The Global Elites have, for many years, controlled the U.S Dollar, causing Inflation and many other factors that have kept the American people spiraling downward to poverty.

The Federal Reserve Bank, which is a private Bank, and the Crooked I.R.S, that is not even a Government Agency, Collects the Tax Dollar for a private bank. This was the greatest theft in Human History.

Those Days Are over. As it was stated, This currency is Decentralized, which means, no One person or entity owns the Blockchain technology. Therefore, it cannot be stopped or regulated. The Government, nor banks, nor any other agency can regulate it. This is simply because they do not own it.

What is more Important, is that this makes the currency in the control of the people where they no longer have any power over the masses. If you remember back in November of 2015 the main man of J.P Morgan and Chase said that Bitcoin would be stopped. Now we can all laugh at them because not only is it still going, but it is thriving.

 What most of the common people are not thinking about is the mere fact that when you take the control of our money away from these idiots, then they have lost all power over the people. Welcome to the real world Elites, We are in charge now, have no illusion, we are in control. This is up to you. The truth of the matter is, One person cannot truly make a difference, however, it is true that one person can plant an idea that will take the world by storm and as a collective we all have the tremendous power to change the world we live in. Stop doing the old Paradigm and get on-board for the true Revolution of Humanity.

Bitminer.io -2 days into investigation

I have told you that I was conducting an investigation into the website Bitminer, so far a request for withdraw was done you can see this below

As you can see on the 26th of February I have requested a withdraw, and to date it is still pending. Remember NO SITE IS WORTH INVESTING INTO IF YOU CAN NOT GET PAID FREE. This currency is FREE to begin with.

 I looked at the page of Bitminer and what I saw struck me as odd the amount was now going in reverse and was a negative value. This in itself shows that there is a small glitch in this system as it is. You can see this abnormality below.

This was only the second day of this research, and so far it is not looking too god for this website. I took the appropriate steps and emailed the support. Let us see if we get a response. A copy of the email is pasted below.

from:	Mark Fluet <mrfluet@gmail.com>
to:	bitminerio@gmail.com
date:	Tue, Feb 28, 2017 at 4:53 PM
subject:	Something is wrong
mailed-by:	gmail.com

 My bitminer is showing -0.12 BTC there is a problem with that either
this miner is unstable or this is a glitch please respond

thank you

We will continue to monitor, however as I have just stated with only two full days into the investigation, and these two major things are happening, it clearly does not look too good. I mine my own coins anyway, I stake and get interest anyway, but these sites that take bitcoin as a scam must be stopped. In order to do that we need constructive proof instead of opinions.

I will monitor If I do not get a response the investigation will be closed, If I do the response will be posted with any results. Please remember the only person you can truly trust is yourself.

Stop Being Fooled

 Today there are many desperate scammers that are trying to have you voluntarily pay your bitcoins to them for nothing. There is no way in hell that the code is flawed to a point where they can get you free BITCOINS. In most cases, the scammer will place an add on faucets for free bitcoin and the site will look to you like it is mining, then one of two things happen,

1. Theyt ask you to pay a miners fee with a QR code (when we all know that the pool automatically takes the fee when you mine before they payout)

2. Or they do what the picture shows below.

In either case they get paid and you do not. Stop thinking that there is a flaw, there is no way to get any more than the work your miners provide. If you set up multi coins and trade to a staking wallet, you do exactly what is safe, RELY ON ONESELF.

The truth these predators only prey on the weak minded, so do not let them they will still pay for the advertisements on the faucets, and when people stop using their scams, they will run out of money and the site will be shut down, because they will no longer have the money to keep it up.

Rely on yourself is the best way to ensure your money stays in your pocket, do not be fooled by Idiots whio cannot do simple math to have the miners work

THE TRUTH ABOUT THE BLOCKCHAIN

 Many Liars in the media, in India, and the news actually believe since the Blockchain is an open source public ledger that Big Brother can see your name and how much you have earned. That is a lie. There are no names in the Blockchain and what is more important is that every time i send bitcoin to my wallet, the address changes with every transaction. I will include a snapshot of the Blockchain which will show you the truth that they are all liars. Now show me a name. Show me if you can how much i just sent.

I thought as much you cannot.

What is the blockchain?

F irst we discussed that the blockchain was an open source ledger. That is the first priority. This video shows what the blockchain actually has to make humanity free. We always said that this is a call to arms, however, the weapon is your mind and conciousness. That being said all weapons need to be armed. In order to arm your mind you need to wake up. Digital currency is the peaceful revolution to set the individual free. I truly feel sorry for the dumb poor saps not using it.