US Military Rushes To Study Blockchain As ‘Hybrid Wars’ Loom

President Trump signed into law the 2018 National Defense Authorization Act on Tuesday, a $700 billion defense policy bill that mandates for a ‘briefing on cyber applications of blockchain technology.’ Language within the bill is part of a much wider effort to modernize the United States military, before decades of hybrid wars breakout (see: US Army Is Preparing For Decades Of Hybrid Wars.)
The blockchain study, according to the bill text (Sec.1646), will create ‘an assessment of efforts by foreign powers, extremist organizations, and criminal networks to utilize such technologies;…[and] an assessment of the use or planned use of such technologies by the Federal Government and critical infrastructure networks.’
Further, the study is to be delivered to Congress ‘not later than 180 days after the date of the enactment of this act.’ Coin Desk adds while the study is set to be prepared by the Department of Defense, the final report could include input from other federal agencies and departments.
Not later than 180 days after the date of the enactment of this Act, the Secretary of Defense, in consultation with the heads of such other departments and agencies of the Federal Government as the Secretary considers appropriate, shall provide to the appropriate committees of Congress a briefing on the cyber applications of blockchain technology.

This post was published at Zero Hedge on Dec 20, 2017.

Oil Producers Turning To Crypto To Solve Sanctions Problems

Authored by Tom Luongo,
Last week, Venezuela announced it would develop a national cryptocurrency backed by its oil reserves, the Petro. Now there is a report that Russia is considering the same thing. Iran will likely follow suit.
As of right now this is just a rumor, but it makes some sense. So, let’s treat this rumor as fact for the sake of argument and see where it leads us.
The U. S. continues to sanction and threaten all of these countries for daring to challenge the global status quo. There is no denying this. And so much of what we see in the geopolitical headlines are knock-on effects of this challenge.
The Geopolitical ‘Why’
From the Middle East to North Korea, the Dutch changing their laws to block Nordstream 2 to the Saudis breaking off relations with Qatar, everything you read about in the news is a move on the geopolitical ‘Go’ board.

This post was published at Zero Hedge on Dec 12, 2017.

Expect Desperate and Insane Behavior From Government in 2018 – Part 3 (War)

If you want to ban Bitcoin because of money laundering, crime and violence, we should really ban government first.
— Michael Krieger (@LibertyBlitz) December 6, 2017

In the first two installments of this series, I discussed the potential for the U. S. federal government to make some spectacularly foolish moves against its own people in the realms of cannabis and Bitcoin. My basic assumption is that government tends to despise freedom, and that ‘leaders’ of an empire in decline like the U. S. are particularly vulnerable to very bad decisions.
Government propagandists constantly instruct the public that they need to be fearful of their neighbors or some guy in a cave overseas (who they probably funded in the first place), when they themselves tend to be the most unethical, corrupt thieves of all. It’s a very clever scam.
With that in mind, today’s post will zero in on what I consider to be the greatest threat to world peace going into 2018. While I remain unsure as to what the U. S. government may attempt when it comes to cannabis and Bitcoin, I’m far more concerned about the prospects of Donald Trump entangling this nation in an escalating and increasingly disastrous conflict in the Middle East. The signs are everywhere, and it’s all becoming very obvious. In fact, I’ve probably written more articles on this topic than any other in 2017.

This post was published at Liberty Blitzkrieg on Dec 7, 2017.

Expect Desperate and Insane Behavior From Government in 2018 – Part 2 (Bitcoin)

The smartest people on earth are dedicating their lives to Bitcoin and other crypto assets.
You want to bet against that?
— Michael Krieger (@LibertyBlitz) December 1, 2017

The financial crisis of 2008/09 was the most significant event to happen in my lifetime. That event, coupled with the deeply unethical and corrupt response to it, led to a direct delegitimization of governments and institutions worldwide. It’s precisely this self-inflicted destruction of credibility which opened up the window for the birthing of a new monetary and financial system in the wake of Bitcoin’s emergence in early 2009.
Bitcoin is a system designed to be everything the status quo isn’t. Decentralized, transparent, permissionless, with a well-defined and restricted monetary supply curve. Given the backdrop upon which it emerged, it’s unsurprising that as more time passes, the more popular it becomes.
Humanity is desperate for a major reboot and an entirely different way of doing things. Bitcoin and other crypto assets offer exactly that opportunity in the realm of finance and money, thus capturing the imagination of millions of the most brilliant and passionate people across the world. Since the status quo stubbornly refused to reform and change the system after the financial crisis, humanity had no choice but to take charge and do it independently at the grassroots level.
One thing that’s become increasingly clear to me as I’ve added years and experiences to my life, is that governments, generally speaking, hate freedom. It’s why something as beneficial and benign as cannabis remains illegal throughout the world, and why people like Jeff Sessions still want to criminalize it even in states where the actual people living there voted to make it legal (see Part 1 of this series). While the fairytale we’re conditioned to believe tells us government exists to protect us and create an environment in which humans can thrive, the reality is quite clearly the opposite. The crooked response to the financial crisis demonstrated this in spades to anyone paying even the slightest amount of attention.

This post was published at Liberty Blitzkrieg on Dec 4, 2017.

Expect Desperate and Insane Behavior From Government in 2018 – Part 1

The clowns in D. C. have no conception of how fragile this nation is right now.
One more gigantic policy disaster and the whole thing could fall apart.
— Michael Krieger (@LibertyBlitz) November 30, 2017

I heartily accept the motto, ‘That government is best which governs least’; and I should like to see it acted up to more rapidly and systematically. Carried out, it finally amounts to this, which also I believe – ‘That government is best which governs not at all’; and when men are prepared for it, that will be the kind of government which they will have.
– Henry David Thoreau, Civil Disobedience
As we head into 2018, I believe governments around the world will become increasingly insecure about their positions of power and control, which will result in increased paranoia about whether or not they have the consent of the governed.
Being a global empire in decline, the U. S. power structure has the most to lose, making it particularly vulnerable to such panic. I suspect forces within the U. S. government are likely to engage in various attempts to reestablish authority via desperate and authoritarian moves as 2018 unfolds. I don’t say this to spread fear; rather, I think such moves will result in considerable pushback from the population at large, particularly from younger generations who are intimately aware of how spectacularity the status quo has failed them. Panic and desperation from those in control shouldn’t be feared, it should be expected and contemplated ahead of time. That’s why I’m writing this series. I want as many people as possible to start thinking about this now so we aren’t caught off guard.
The areas I’ll be diving into with these pieces consist of cannabis, Bitcoin and war against Iran. I’m sure there are plenty of other areas government will target in its last ditch effort to exert control over a populace sick and tired of these busybody, corrupt authoritarians, but these are issues I follow closely and have a certain degree of familiarity with. As such, they’ll be the focus of this series.

This post was published at Liberty Blitzkrieg on Dec 1, 2017.

Bitcoin, Terence McKenna and the Future of the Internet

We have millions of people who are warehoused in almost a larval state in their apartments, watching tv, paying for their medical plans, and glued to this mindless opera of cultural decay that’s recited day after day in front of them. I mean, it’s horrible to imagine – and this is a creation to some degree of the world corporate state, that probably has to be addressed.
– Terence McKenna, The Internet is the Cure for TV (1994)
I know the title of this post seems strange in light of several factors. First, it’s been nearly twenty years since the dot-com bubble burst and it’s estimated that 3-4 billion people globally, or roughly 50% of the world’s population, already surf the web. Second, it’s become increasingly trendy in 2017 to highlight all the bad things about the internet, with social media typically singled out for the most intense and visceral criticism. Although I acknowledge some very real downsides of social media such as unhealthy obsession and addiction, most of the outrage we’ve seen this year has been focused on ‘fake news’ and ‘Russia meddling.’ In other words, most of the hysteria’s been political in nature, and would barely be registering anywhere near its current decibel level had Hillary Clinton won the election.
All of a sudden, there’s this insistence that social media is especially dangerous because it fosters the creation of echo chambers rife with tribal confirmation bias. Spaces where people with the same views simply talk to one another, and whoever’s willing to be the loudest and most aggressive at signaling to their tribe becomes the most popular. I don’t deny that this phenomenon exists, but like with anything else, you have to accept the bad with the good, and in the long-run the good far outweighs the bad. The main reason so many are having a panic attack right now is because the internet and social media allowed the public to talk to one another directly without being force-fed corporate media narratives and they decided to reject the chosen one, Hillary Clinton.

This post was published at Liberty Blitzkrieg on Wednesday Nov 29, 2017.