A Dinner Conversation

Dressed in red velvet, she trampled under her reckless feet the stray flowers fallen from other heads, and held out a salver to the two friends, with careless hands. The white arms stood out in bold relief against the velvet. Proud of her beauty; proud (who knows?) of her corruption, she stood like a queen of pleasure, like an incarnation of enjoyment; the enjoyment that comes of squandering the accumulations of three generations; that scoffs at its progenitors, and makes merry over a corpse; that will dissolve pearls and wreck thrones, turn old men into boys, and make young men prematurely old; enjoyment only possible to giants weary of their power, tormented by reflection, or for whom strife has become a plaything.
– Honore De Balzac, The Magic Skin
I don’t get out all that much these days, but last evening I had a really engaging and illuminating dinner conversation. In attendance was a 47-year old commercial real estate investor and fellow Boulder resident who I’ve become friends with, a 32-year old professional poker player looking to move here, and 28-year old tech startup founder. Although I hadn’t met the younger attendees before, it became immediately apparent that everyone in attendance was highly intelligent and very engaged with the world around them.
We discussed religion, philosophy, crypto assets, the importance of nature to humans, travel and more. That said, the reason I’m writing this post is due to some of the generational observations I came upon. It confirmed the overall thesis I discussed in detail within last month’s post, The Generational Wheels Are Turning.
Here are a couple of passages from that piece to refresh your memory:

This post was published at Liberty Blitzkrieg on Dec 21, 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 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.

Finding Freedom and Happiness Inside The Matrix – Jeff Berwick on Crypto vs Metals

Atlanta, GA – According to the official historical record, in 1621, the Plymouth colonists and Wampanoag Indians shared an autumn harvest feast that is acknowledged today as one of the first Thanksgiving celebrations in the colonies. For over a century, families have gathered to proclaim what they are thankful for while others have taken to shelters and charities to help those who cannot help themselves. However, thanks to the state, helping others during this most giving time is now illegal – unless you pay the government for permission.
During this Thanksgiving week, Adele Maclean and Marlon Kautz took to the streets to begin handing out food to the homeless – like they do every week. However, this time, instead of receiving praise for their services, they were issued a notice of extortion by police in the form of a citation.
‘We’re looking at a citation,’ Maclean said.
As WSB-TV notes, Atlanta police have been handing out the flyers across the city telling people that a permit is needed to give food to the homeless.

This post was published at The Daily Sheeple on NOVEMBER 24, 2017.