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.

THE BLOCKCHAIN LESSON 2

 There are several "FAKE MEDIA" Outlets as well as some alternative media outlets, such as Alex Jones, that stated that the Globalists and the Central Bankers are trying to get you to use digital currency and force you to have bank accounts. That is a lie and false

Let us truly understand the Blockchain, since there are so many idiots just sputtering out garbage from their mouths. The Blockchain is a central open source public ledger that is not owned by anyone. That is right NO ONE OWNS THE BLOCKCHAIN and under all Regulations of the United States Code No one can regulate anything they do not own.

That destroys the first myth of they will force you to get a bank account and control the currency, NEWS FLASH, they cannot.

Ok let us look at the blockchain closely

Let us analyze this for all of those people that have no logic. The Blockchain will only show the receiving address. You can look at a Bitcoin Address like an account number, however your name or any other information is not attached to your wallet, in fact, there is no information that you need to even put into it to have a bitcoin wallet on your computer. Download electrum, they only give you a set of words that you have to write down in order to back up your wallet. There never is any data that you type into your wallet, it never asks for even your name. So this alone destroys the myth of these morons that they will track you, They cannot, because your sending address is different than your receiving address and just like the receiving address it changes every transaction.

Now that you have a little better understanding, you can see that this currency destroys the globalists because they cannot control it, they cannot regulate it, because as stated above NO ONE OWNS the Blockchain. With that being said it is truly the people's money and since the People are the economy, it is a fair and just way to make our economy thrive.

Governments, Businesses, Banks, nor corporations are the economy. Economists always lie because We the People are the economy. If people are earning, then people are spending. If peope are spending, then the currency is circulating. If the currency is circulating, then Obviously the economy is flourishing.

Bitcoin as all digital currency is the money, is the people's money and will bring our people to real freedom.

How to live on Bitcoin.

                      When it comes to mining Bitcoin, many people make the mistake of comparing Bitcoin to the currency. For example, in the United States most people that fail use the false Mining profitability calculator to how much money they will make every hour, every week, and every month. This information will never be right.

For one thing when you go to work and get a paycheck like the slave mentality teaches, do you deduct the gas you put in your vehicle, the rent you pay, the electricity bill you pay, the phone bill, the gas bill, the food bill, or any other expense that you have to calculate what profit you are making from all dead end jobs? The answer of that question is NO.

If you do not place it in your monthly expense for profitability on your job, then you can not do it in Bitcoin. The entire purpose is not to compare the Non value dollar to Bitcoin, but it is rather to add up Satoshi.

When you have certain mining hardware, you need to mine the coin that you can use to your own advantage. This means the fastest payout in order to exchange for a coin that stakes, or gives interest, in order to continue adding Satoshi to the coins you have already mined every hour.

The only people that claim Bitcoin is a scam, or a waste of time are the same people that will never be able to do simple math. That is right, Bitcoin, as well as all cryptocurrencies are backed up by 100% pure math. That alone makes it the best currency of the world. Math is perfect, people are not.

In this manual we will break down the mining strategy to its very basic form and show you what to do with the equipment you have and how to get the most out of it. After the coins are mined, you will see what to do with them by exchanging them fast and depositing them into a coin that adds hourly interest.

This is the correct way to live off of the Cryptocurrency world. Math is the formula, Math is right, it is the people that are always wrong, because people are imperfect, where Math is perfect.

If you are interested in Learning mining the right way, and if you cannot find the answer in this blog Email me at mrfluet@gmail.com with your question and I will send you the information. I have created this blog to help people learn this for free, and to show you that the one thing you never do is search information on Google or any other search engine. Calculators are made by people that have no knowledge of mathematical formulas. They only think of the money which is only the first application ti bitcoin. Bitcoin is a protocol, so it can not be compared, it has to be added.

BITCOIN FUNDAMENTALS

This has been re-edited by a very good friend of mine. Thank You R.T. I hope this helps all of you, but remember this, The Universal Language is math, and Bitcoin is backed by math.

BITCOIN FUNDAMENTALS



Bitcoin is one of the most awesome inventions to come out of the Internet. Bitcoin is an electronic currency that is securely generated and managed by computers. To understand why Bitcoins are so great, you need to understand a little background information about the value of money and the economics of Bitcoin.

THE VALUE OF MONEY
The value of your money has been historically determined by one of two things: 1) the amount of gold or silver backing it; 2) the amount printed by a government.

Historically, the US government backed all printed money by gold (or even silver). This meant that for every dollar bill printed by the US government, a dollar of gold would obtained by the government and stored in Fort Knox. This was referred to as keeping the US on the "Gold Standard." It's a simplified explanation, but it's good enough for an average person.

In 1971, the US went off the Gold Standard, so the value of your money is determined by the amount printed by the government. Suppose the government owes $100 billion to banks, so it decides to print $100 billion more in paper money overnight. The banks will be paid off, but there's a new problem: inflation. Bank employees know their banks have more cash, so they demand and get huge salary increases. Restaurants know those bank employees are earning more, so their raise their menu prices. Basically, prices go up everywhere because there is an additional $100 billion that everyone wants a part of. But in the end, your money actually buys less because the price of everything has gone up.

The Federal reserve has been printing money without backing for years. In fact, the Feds even admitted that there has been no gold in Fort Knox since 1933. So they keep printing dollars, but each dollar printed is attached a debt. Naturally, this inflation is caused by printing more dollars.

ECONOMICS OF BITCOIN

Bitcoin's value comes from the laws of supply and demand, and that law swings both ways. Suppose you are a retailer and you own a store with have 1,000 Pepsi bottles in stock. You notice that the line awaiting for you to open is 10,000 people long. The price will go up because the demand is too high and your supply is low. The same thing applies to printed money. People are demanding free money because it doesn't have value and they do not want their wages restricted. This keeps the demand high.

The amount of Bitcoins is determined by mathematically secure computer algorithms. They are complex algorithms that really can't be hacked. The limited supply of Bitcoins gives them value, because you cannot easily create more.

Another thing I want to add is money does not need value. Money is only a ledger so that you will not owe anything for the product or service you received. Let us go back to the time of the Indians, they traded pies for things or peanuts. However some were still allergic to peanuts or to certain fruits, so the chiefs used clay beads instead. The clay beads were used like money, but the clay beads had no

value. Wake up: value is a belief. All you need to do is satisfy the ledger of trade and the Bitcoin does this very well.

SUMMARY OF ADVANTAGES

* Bitcoin gets around the problem of printed currencies as well as backing printed currencies with gold.

* Bitcoin is not controlled by any government. Instead, the amount of Bitcoins available is determined by secure computer algorithms. Governments cannot simple create more Bitcoins. This makes it inflation-proof.

* Governments cannot simply say that your Bitcoin is worth less because they can't print Bitcoins.

* It is legal in most countries to some degree, although there are restrictions on where it can be used in each country.

* Earning Bitcoin is free. You can get control of your own money.