Question Everything, Believe Nothing – Chapter One – Suspending Disbelief

Question Everything, Believe Nothing

Chapter One

Suspending Disbelief

By

Cognitive Dissonance

 

 

Introducing a new portal into the mind of Cognitive Dissonance

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Where are the outer boundaries of our mental box, that comforting space where we ‘believe’ the uniquely individual ‘me’ can be found? What is the limit of our ability to think and perceive beyond our current ‘belief’ system, to think outside the lines of our own perceptional box? Can we ever locate a clearly defined line of demarcation where we cross over from all that ‘we’ believe is ‘me’ and where the herding ‘we’ bulls ‘us’ over?

Is ‘our’ belief system entirely ‘yours’ or is it for the most part indoctrinated into you by ‘our’ culture and those who directly or indirectly influence our culture, thus by extension ‘you’? Who, or more accurately, what are ‘you’ if very little of substance differentiates ‘you’ from ‘us’? In many ways this is a chicken or egg question and it appears that a decent method by which we may answer it is to work backwards and examine what is ‘belief’ and what it means for us to ‘believe’.

One of the ways we have been mentally, emotionally and spiritually hijacked is through our language, a concept brilliantly described in Orwell’s classic work ‘1984’. For many, the words ‘believe’ or ‘belief’ are seen as strictly religious or fantastical thinking, and certainly not for the logical or scientific mind. In the worldview of most, which neatly encompasses their ‘belief’ system, there are ‘facts, science and math’, and then there is ‘belief’ and ‘faith’.

Sadly this is the Achilles heel of the average person (we are all more or less average when it comes to self awareness, though we love to ‘believe’ we are well above that mark) because by thinking this way, by believing in this manner, we create our own blind spots and exclude ourselves from what in many aspects we actually practice, essentially complete and total blind faith and belief in nearly all facets of daily thought and living.

How much of our thought, of our daily thinking, is original or organic and how much is slightly modified, then enthusiastically regurgitated, cultural beliefs indoctrinated into us from an early age. Reinforced by the echo chamber of news, advertising and TV programming as well as movies, books, social media, science, economics and politics, can any of us ever really tell which thoughts are ‘ours’ and which were created to be ours via cultural conditioning. Unless we force ourselves to first obtain, and then maintain perspective, it all becomes a blur of flashing lights and background noise to be willingly, even eagerly, accepted as just the way things are.

Our society is obsessed with the holy grail of facts, absolutes, and conclusive answers. We are taught as soon as we can comprehend that this is the way things are and we know these things to be true. We view our recent ancestors as backwards and uninformed, cavemen for all practical purposes, yet we never seriously consider that we are just as uninformed and will be considered so by the future ‘us’ in twenty, fifty, a hundred years from now.

Question Everything

 

There is no respect given (because none is seriously offered by ‘us’) to the inquiring mind willing to step outside the boundaries of conventional thinking, only empty vessels that wish to be fully indoctrinated into the present day belief system. The herd demands we believe what the herd believes and increasingly that belief is divorced from reality.

I suspect there are several reasons for this phenomenon. As I discussed in The Science Delusion the spectacular success of materials science (the mass production of ten million things) has contributed to the delusion that we know it all, that we have arrived, that there is certainty in many if not all things, and that we ‘know’ this ‘certainty’ with near absolute precision. All it needs is a few small tweaks here and there.

But I suspect something else is going on here and I don’t recall it being discussed much in the virtual circles I frequent. Until the advent of mass media, ‘modern’ man lived an existence surrounded almost entirely by physical reality, up close and very personal. In fact, until sometime after World War Two most homes did not even have central heat, indoor plumbing or a house wired for electricity. Life, to put it simply, was very raw.

There was once a mostly solitary and desperate immediacy to daily living (the present day homeless are quite familiar with this condition) and a mind that dwelled in fantasy and not focused on the needs of the here and now was often severely punished by Mother Nature. Dawdle too long in the petunias and you might die of exposure later because you did not put up enough firewood and salt away enough food.

Presently we trade our regimented labor for easily convertible script, also known as currency, which in turn we redeem for fundamental basics, creature comforts and desirable wants (as opposed to ‘needs’) that until 100 years ago were almost exclusively the realm of the very wealthy. This in turn has greatly diminished the immediacy of the here and now, and thus its apparent relevance and importance. While there is great debate over whether idle or free time has increased or decreased over the last hundred years, what we ‘do’ with our free time has dramatically changed, and in my opinion not for the better.

While man has always devoted some of his play time to alternative reality fantasy thinking, whether it was simply daydreaming on a warm spring day or reading a classic work of fiction, never in the history of ‘modern’ man has such a huge percentage of the population devoted hours upon hours every day exclusively to ‘suspending disbelief’. Nor have we done so in such a mentally and emotionally intrusive manner. I am, of course, speaking about television, movies and other forms of immersive mass media mind warping.

 

Question Type

 

If you were to ask the average person if they understood the difference between ‘real world’ reality and TV or movie reality, you would be hard pressed to find someone who wasn’t absolutely certain they could tell the difference. And yet so much of the mass media we consume is integrated into our daily living so seamlessly that no longer can we clearly see the fine line of demarcation between reality and fantasy.

Just talk to an attorney, public defender or police officer about the public’s perception of justice and police processes after the public has drunk deeply from the CSI media cup for well over a decade and you will get an earful. We aren’t talking about ignorance here, as in a lack of knowledge, but rather deliberately distorted perceptions and programmed ignorance, a far more dangerous and easily controlled state of mind.

The only thing worse than someone who doesn’t know what they are talking about is someone who believes they do because they have been conditioned to think so, but still does not. The serially convinced are so much more dangerous to themselves and to others than the merely deluded delusional.

I don’t necessarily object to fantasy or fantastical thinking, of suspending disbelief in order to enjoy a depiction of alternative reality, which is essentially the altered mental and emotional state we enter into when consuming ‘pulp fiction’ mass media. In fact I was (and still am) a rabid fan of science fiction when I was a younger man. My problem is in the method of media immersion, completely passive rather than interactive and creative.

While reading (science) fiction, daydreaming or engaging in truly creative thought or artistic expression, the activity itself requires that we co-create the reality, to engage our creative energy and thinking process and actively interact. On the other hand mass media consumption requires of us, demands of us, very little (if any) real intellectual or creative effort on our part, only a willing suspension of disbelief and the near total surrender of our mind. Just turn on, tune out and tumble in.

The mass media alternative reality world is already imagined, produced and packaged for us by others and we are simply a passive recipient of the information download, or programming as the networks readily admit it is called. We are just along for the ride so buckle up, open your eyes wide and fully disengage the discerning mind. Suspending disbelief in three, two, one………

Do some research on brainwaves during different activities, then compare the mind while reading, writing, even dreaming, and when passively watching the television or a movie. Even when the brain absorbs so called ‘educational’ documentaries, when viewed through the brain imaging MRI, the results are little different from “CSI” or “Days of our Lives”. Garbage in garbage out makes for a garbage mind, with the body soon to follow.

 

Question Why

 

Not only are we being deeply programmed into hundreds of alternative realities, the cumulative effect of which we are increasingly unable to discern, but we are also being conditioned to remain in a near constant state of belief suspension, the most psychically, emotionally and spiritually vulnerable condition we could possibly allow ourselves to remain in.

Comparable to Pavlov’s dogs responding predictably to specific stimuli, we willingly and eagerly suspend disbelief while consuming pulp fiction on TV and other mass media. While we claim the ability to re-enter the ‘real’ world when the news or a commercial comes on, from what I have learned our brain wave pattern doesn’t change all that much when we switch from ‘True Blood’ to the bloody evening news and then back again.

And make no mistake about it; mass media news and other ‘real’ programming is just another form of prepackaged pulp fiction that we vacantly consume with little or no discernment between one alternative reality and another. The principal difference is that we have been conditioned to believe that the news is ‘real’, thus it is even more deeply absorbed into our psyche as ‘truth’ where it mixes and melds with other deeply programmed beliefs we mistakenly call facts, reality and truth.

Similar to an inch worm’s incremental progress, as long as the latest alternative reality conditioning is similar to the old one (it doesn’t need to be exact) we inch our ‘real world’ perception further and further away from reality and closer to the world our handlers create for us. This is one of the reasons predictive programming is so successful. Repeatedly plant the suggested meme seed now and reap the harvested alternative reality later.

Reflexively we fall into a state of passive receptivity when plopped in front of the boob tube. And as much as we may protest to the contrary, there is less of a tendency to apply critical thinking when in front of the glowing conditioning apparatus then when reading the exact same material or discussing it with others.

The brilliance behind this type of deep conditioning is that it targets our natural tendency to rationalize away any negative aspects under the guise of entertainment. “Hey, we’re just having some fun. It’s a TV show for crying out loud, not real life.” The programmer doesn’t need to convince us to suspend disbelief when we willing do so under the cover of fun for all. Open wide and say “Please sir, may I have moar”.

The latest programming phase started more than a dozen years ago with so called ‘reality TV’ programming, which supposedly features ‘real life’ people dealing with contrived difficulties in purportedly unscripted situations. While I agree that every action seen on the viewing screen is not strictly or rigidly scripted, both the characters and producer, along with the editing room, insert false conflicts and drama where little or none would normally exist, all under the pretence of a ‘game’ show. More importantly we are shown, and expressly informed, that something is ‘real’ when clearly it is not. So once again belief is engaged by suspending disbelief in order to swallow whole the patently unbelievable.

 

Typewritten Questions

 

If we examine the term ‘suspending disbelief’ we realize that what we are asked to do, what is demanded of us in order to ‘enjoy’ a harmless little activity and accept our programming, is to ‘believe’ what we are seeing in order to internalize and embody it as real. Our imagination is the creator of our own personal reality so hijack that and you and I are effectively controlled.

Only if we accept what we are seeing and hearing as ‘real’ will we express emotion and empathy and fully engage in the alternative reality. This in turn enables and allows our ‘self’ to be fully assimilated Borg like into the proffered fantasy hook, line and sinker. When all the moving parts click the programming results are spectacular. Just watch the apparatus work its magic when imminent war is being announced or the next financial crisis ‘suddenly’ occurs.

Every twelve to fifteen minutes during prime conditioning time our primary programming is interrupted for commercial breaks during which, while our empathy and emotions are fully exposed and vulnerable, we are showered with sales ads precisely designed to do the same. Meaning we are programmed to desire whatever it is they are selling using our own fully exposed emotion and empathy as leverage against us. Talk about striking while the fire is hot.

I looked up ‘belief’ and ‘believe’ in several dictionaries and found near universal definitions that often had little to do with religion and much to do with everyday living and thinking. For example, from Merriam-Webster comes the following.

be·lief: noun, a feeling of being sure that someone or something exists or that something is true; a feeling that something is good, right, or valuable; a feeling of trust in the worth or ability of someone; a state or habit of mind in which trust or confidence is placed in some person or thing; a tenet or body of tenets held by a group; conviction of the truth of some statement or the reality of some being or phenomenon especially when based on examination of evidence.

be·lieve: verb, to accept or regard (something) as true, to accept the truth of what is said by (someone), to have (a specified opinion), to have a firm religious faith, to accept something as true, genuine, or real; to have a firm conviction as to the goodness, efficacy, or ability of something; to consider to be true or honest; to accept the word or evidence of.

Wow, I could not have said it better myself. Who among us has the courage and internal steadiness to examine ourselves for any and all traces of unexamined belief, then thoroughly remove all threads from our everyday use, all while maintaining some semblance of continuity in relationships, work, play and growth. Personally I find the task daunting at best and just about impossible at worst. But that doesn’t mean we shouldn’t even try.

 

Chapter Two to follow soon.

 

03-05-2014

Cognitive Dissonance

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DEA: “Every Single Parent” Opposes Pot Legalization. Except For All the Ones That Don’t.

Thomas Harrigan (above) is deputy administrator of the Drug
Enforcement Adminstration (DEA).

Yesterday, reports
The Huffington Post
, he told the House Services Committee
that “Marijuana destroys lives and
families, undermines our economy, and insults our common
values.” 

When pressed by Rep. Steve Cohen (D-Tenn.) to define those
“common values” -especially since a majority of Americans support
pot legalization – Harrigan softened his stance:

…pressed by Rep. Steve Cohen (D-Tenn.), Harrigan said that
“every single parent out there” opposed marijuana legalization.

“Your statement that all parents are against this is ludicrous,”
said Cohen. “What do you think, that people who are in favor of
decriminalization or changing policy don’t procreate?”

Harrigan later adjusted his statement, claiming that “most
parents would be opposed to this.” When Cohen pointed out that 55
percent of Americans now support legalization, Harrigan asked if
all of them were parents. He insisted he had based his opinions on
“medical and scientific fact, and not public opinion.”

“You haven’t kept up with society, you haven’t kept up with
science, it’s part of the problem,” Cohen told Harrigan.


More at HuffPost
.

Even the try-hard prohibitionists at The Partnership for a
Drug-Free America admit that some (read: many) parents
support legalization
.

This seems like a good time to repost our 2010 video, “3 Reasons
to Legalize Pot Now!”

Bonus points if you can identify the music being played during
this discussion of the “hula hoop of the Jet Generation.”

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Beige Book Saw Modest-To-Moderate Growth Despite 119 Mentions Of The Word “Weather”

The soon-to-be-renamed-Boring-Book, for its constant uniformity of mediocre Goldilocks data offered little to strengthen bulls or bears (as usual) but it seems weather was the key once again. With 119 references to “weather” (6 times more than the January report), they remind us that:

  • *FED SAW ECONOMY GROW EVEN AS HARSH WEATHER SLOWED HIRING, SALES
  • *FED SAYS OUTLOOK ‘AMONG MOST DISTRICTS REMAINED OPTIMISTIC’

But – the “m” words continue to dominate:

  • *FED SAYS MOST REPORTS OF IMPROVEMENT WERE ‘MODEST TO MODERATE’

As 8 of the 12 districts “reported improved levels of activity”… but but but the weather. Healthcare concerns were cited 16 times.

After removing filler words, only one thing matters…

 

More to come…


    



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Siemens CEO Explains Why Russian Sanctions Will Never Happen

With the UK rapidly backing away from sanctions against the Russians (and the Russians suggesting the confiscation of US and EU assets should sanctions occur), it appears President Obama is becoming increasingly isolated in his calls for sanctions. As the CEO of Siemens – Germany’s massive industrial conglomerate explains Russian natural gas provides “lifeblood” to western Europe and there is substantial “dependency.”

 

Via WSJ,

The head of German industrial conglomerate Siemens AG said he doesn’t expect European governments will press hard for sanctions against Russia in response to the Kremlin’s authorization to potentially deploy  troops into Ukraine.

 

Siemens President and Chief Executive Joe Kaeser was asked about the situation in Ukraine during an appearance at the IHS CERAWeek energy conference in Houston, Texas. He said it was important to remember that Russian natural gas provides “lifeblood” to western Europe and there is substantial “dependency.”

 

“Maybe the American people or the government or whoever raises their eyebrows can say how could the Europeans be so moderate on the debate over sanctions. Guess what? You don’t want to sanction anyone you depend on,” Mr. Kaeser said.

 

...

Mr. Kaeser went on to say the U.S. is in a better position to consider economic sanctions against Russia because of its recent surge in oil and gas production.


    



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Ban the Dollar!

What a boring tie.Left libertarianish Rep. Jared Polis
(D-Colo.) has resorted to satire in defense of Bitcoin. In response
to Sen. Joe Manchin (D-W.Va.) sending a letter to Federal Reserve
head Janet Yellen and other officials calling on them to
ban bitcoins
because it can be used for illegal transactions,
Polis sent a letter seeking to ban dollars. He
notes
:

By way of background, a physical dollar bill is a printed
version of a dollar note issued by the Federal Reserve and backed
by the ephemeral “full faith and credit” of the United States.
Dollar bills have gained notoriety in relation to illegal
transactions; suitcases full of dollars used for illegal
transactions were recently featured in popular movies such as
American Hustle and Dallas Buyers Club, as well as the gangster
classic, Scarface, among others. Dollar bills are present in nearly
all major drug busts in the United States and many abroad.
According to the U.S. Department of Justice study, “Crime in the
United States,” more than $1 billion in cash was stolen in 2012, of
which less than 3% was recovered. The United States’ Dollar was
present by the truck load in Saddam Hussein’s compound, by the
carload when Noriega was arrested for drug trafficking, and by the
suitcase full in the Watergate case. 

Unlike digital currencies, which are carbon neutral allowing us
to breathe cleaner air, each dollar bill is manufactured from
virgin materials like cotton and linen, which go through extensive
treatment and processing. Last year, the Federal Reserve had to
destroy $3 billion worth of $100 bills after a “printing error.”
Certainly this cannot be the greenest currency.

Printed pieces of paper can fit in a person’s pocket and can be
given to another person without any government oversight. Dollar
bills are not only a store of value but also a method for
transferring that value. This also means that dollar bills allow
for anonymous and irreversible transactions.

This sarcastic response is familiar ground for any bitcoin
supporter, but it’s interesting coming from the pen of a
congressman.

As for Yellen, she’s already said the Federal Reserve has

no authority
to regulate bitcoins.

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Baltimore Cops Illegally Delete Cellphone Images: City to Settle for $250,000, Disputes Allegations

this image thankfully not deletedThe city of Baltimore is set to approve a
settlement for $250,000 next week over a 2010 incident where
Baltimore cops confiscated Christopher Sharp’s cellphone and
deleted images from his phone, explaining to him that it was
illegal to videotape people in the state of Maryland. It’s not,
which is why the city government is ready to settle, with
taxpayers’ money, while not accepting legal responsibility.

CBS in Baltimore reports the details of the incident
:

Christopher Sharp was recording an arrest at the
Preakness almost four years ago when officers got angry.

“Do me a favor and turn that off. It’s illegal to videotape a
person’s voice or anything else. It’s against the law in the state
of Maryland,” an officer told Sharp.

It’s not, and Sharp claims officers illegally confiscated his phone
and deleted other images from it, leading him to file suit with the
help of the ACLU.

“If this is happening to me, I can’t imagine what’s happening to
other people,” Sharp said.

Indeed. CBS reported that the ACLU didn’t want to speak ahead of
the actual settlement being approved, but the station did talk to
Carlos Miller, of the Photography is Not a Crime blog, an essential
resource on police misconduct and cameras. Miller told them these
kinds of cases usually don’t settle for more than $100,000. And why
would city officials in Baltimore, and other cities rife with
police abuse, try to pay for mistakes themselves, by accepting
responsibility and firing people, when they can make taxpayers do
it, apparently without fearing retribution at the polls?

Sharp and other Marylanders should consider themselves lucky in
at least this respect: other states, like Illinois,
consider the harmless and actually good-for-accountability act of
videotaping a police officer felony wiretapping.

Reason did a report
on the nationwide war on cameras
in the January 2011 issue, and
you can watch the related Reason TV video below:

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If You Thought January’s Payrolls Were Bad, February’s Should Be A Disaster

Assuming that the dismal non-farm-payrolls print in January was “due to the weather,” we suspect economists, strategists, and weather-forecasters everywhere are holding their breaths over the February print given the following 2 charts…

 

The weather looked like this during the January week when the NFP survey was taken…

 

And in February (the week of the survey) it looked like this…

 

So if weather is to blame for this entirely status quo unsupportive collapse in jobs data (from NFP to Initial Claims to ADP to ISM Services), then February should be disaster, right? Unless…

 

Charts: NOAA and @Not_Jim_Cramer


    



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How The Empire Might Strike Back

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

All those focusing on the West's lack of leverage are forgetting that the Empire retains multiple way of striking back.

Many observers have focused on the relative paucity of the West's diplomatic and military options in Ukraine. Others focus on Russia's sources of leverage: cutting off natural gas to western Ukraine and Europe and/or dumping its reserves of U.S. dollars: Putin Adviser Urges Dumping US Bonds In Reaction to Sanctions.

That applying such leverage could backfire on Russia receives less coverage. Does anyone doubt the Federal Reserve's ability to print $200 billion to buy the entire Russian holdings of Treasuries? What's another $200 billion on top of $4 trillion?

Recall that Russia holds those Treasuries/U.S. dollars as reserves for its own benefit. Dumping the dollars simply creates the need for an immediate replacement, especially as the ruble craters.

All those focusing on the West's lack of leverage are forgetting that the Empire retains multiple way of striking back. For example, bringing the costs of misadventure home to Russia's politically influential 1/10th of 1%.

A knowledgeable correspondent submitted these observations:

1. After Edward Snowden the entire "intelligence community" is looking for major payback. Here is a heavy weight added to Ukraine's side of the scales. This is leading edge satellite and electronic intelligence, plus a detailed order of battle on actual Russian forces available and their locations. NATO can also provide access to advanced command and control facilities and advanced battle planning cells. In addition to numbers and morale the Ukraine will be able to mass their forces at the right spots and ignore unthreatened areas.

2. Are you a heavy hitter 0.1%'er New Russian supporting Vladimir Putin? Your entire financial and personal history could soon appear on internet social media, too. In Russian.

US and British agencies have collected many millions of dirty selfies almost by accident. Imagine what they've collected on purpose against major intelligence targets. For instance, every member of the Russian Duma, the cabinet and all their top staffers.

3. Precision guided financial and visa sanctions applied throughout the entire western world. This is not the USSR in 1979 anymore. The entire upper strata of Russia's elite, including all of Putin's United Russia Party, are now extremely international. They and their extended families travel frequently to all the world class watering holes to sun, dine and shop. They have offshore bank accounts and credit cards (as witnessed in Cyprus). They own vacation homes in Spain, Miami, Italy, the Greek Aegean Islands et al. Their children by the tens of thousands attend western universities on student visas. They have massive investments in stock and real estate throughout the entire 'west'.

As a result, they are personally vulnerable to sanctions pressure in a way the Soviet nomenklatura never was. This Ukrainian adventure could carry uniquely painful and personal high price tags.

The media would not be alerted; the targets will simply start getting messages like this:

"Your passport and visa are invalid for entry. Please follow this officer…"
"I'm sorry ma'am, your credit card was declined."
"Invalid PIN number."
"User ID & Password are invalid. Please reenter correct user ID and password".

Massive materialism and corruption is the basis of Putin's elite domestic support. Once he can't deliver the goodies anymore they'll drop him.

The EU previewed this class of soft weapon when it began compiling blacklists of Ukrainian officials deemed responsible for the shootings on the Maidan in late February.

Consider the massive personal financial corruption on Yanukovych's part that was subsequently exposed. It seems likely the tailored sanctions threat played a major role in disaffecting his key political lieutenants and allies. That band of thieves also all had significant offshore assets at stake.

Yanukovych's government was a scale model of Putin's own political patronage and government system. It is more robust but has many of the same weaknesses.

Thank you, A.C. Discussions of modern warfare often revolve around asymmetric warfare in which the side with few conventional assets is able to leverage unconventional assets against a conventionally superior force. There are all sorts of asymmetric advantages that can be pressed home, and those targeting the wealthy will not be mentioned in speeches.

This is not to suggest this kind of asymmetric leverage is being applied or will be applied or should be applied; I am simply pointing out that it could be applied, and with very little fanfare or effort.

Others have referenced the same capabilities: U.S. has options for Russia’s declaration of war on Ukraine.


    



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It’s The Protocol, Stupid! Observe As The True Value Of Bitcoin As Programmable Money Emerges

With all of the brouhaha over Bitcoin and the downright irresponsible reporting by the mass media, I’ve decided to reveal the progress of my “UltraCoin: The Future of Money!!!” venture. What you see in the next few paragraphs should elucidate even the most blinded to the prospects and potential of the Bitcoin protocol and why I’ve always said that the price of the actual cryptocurrency is absolutely irrelevant (much as the price of AOL was highly irrelevant to the prospects of the Internet in 1993).

 thumb Slide1

 I know I said the MSM has simply butchered accurate coverage of Bitcoin, but this piece in Fortune Magazine was right on the money: 

 “[UltraCoin] is a shot directly across the bow of the financial industry. Still in early development, BTC Swap is planned to facilitate a variety of what Middleton calls “Zero-Trust Digital Contracts,” which recreate financial functions in software code by matching offered and desired transactions between parties without the need for intermediary institutions. Because these contracts are automated, instantaneous, and executed with assets already represented in the Bitcoin blockchain, Middleton says they eliminate counterparty risk while also subtracting conventional banking and brokerage fees.

The most immediate function Middleton envisions for his system is for hedging bitcoin against existing national currencies. With bitcoin’s valuation still showing huge volatility, Middleton claims the availability of distributed hedging will both ensure the value of bitcoin for individuals holding the asset and provide systemic stability. (Given persistent skepticism, there should be plenty of takers to short bitcoin against the dollar.) And the entire system relies on decentralization for its security and integrity: “My contracts are peer-to-peer,” says Middleton. “If you hack my servers, there’s nothing to get.”

Find it hard to believe? Even children can do it…

thumb Slide16

So, how does this work? Well, let’s start from the beginning.

thumb Slide2

The vast majority of the world does their spending out of a wallet like this, or using currency-like instruments such as these (both physical and digital) contained in the wallet. The problem is all of these devices are “dumb” and rely on central authority figures (government, servers, banks, etc.). So…

Along comes Bitcoin with its decentralized currency that solves many of these issues. Bitcoin is also kept in wallets, like these…

thumb Slide3

These Bitcoin wallets give you considerably more freedom with your money, sending it faster, cheaper and with more privacy than the conventional wallet above. Of course, the typical Bitcoin wallet hasn’t even scratched the surface of what’s possible with this new technology. As a matter of fact, the tech is so over-encompassing and transformative that the mass media and even much of the specialized media simply CANNOT wrap their minds around what’s about to happen to the worlds of money, finance and investment!

I’ve taken a radical step with this tech that makes even the newest Bitcoin wallets look old hat in comparison. What makes UltraCoin different from everything else?

thumb Slide7

So, what is UltraCoin?

thumb Slide8

Unlike Bitcoin wallets, it allows you to literally take control of both your money and gain exposure to financial assets such as stocks, bonds, forex, options, futures, oil, gas, commodities and precious metals. 

thumb Slide10

You can even design your own “smart contracts” directly within the wallet itself.

thumb Slide11thumb Slide12thumb Slide13thumb Slide15

This stuff above is a pretty big difference from… this, eh?

thumb Slide2

And that’s how we come round robin back to that first graphic with my kids trading currency exposures.

thumb Slide16

Of course, Wall Street is fearful. Why shouldn’t they be? If the public realized the extent of the middleman markup they pack into otherwise low value-add services and product margin, there would be a mass revolt. When you create these products and services on a peer to peer basis, it’s extremely hard to overcharge to the extent a recent MBA recipient with little to no real world experience can recieve 7 or 8 digit compensation. Don’t believe me and my proclamations of fear? Witness the drivel that comes out of the the analyst’s reports:

Theres’ Something Fishy In The House Of Morgan, Pt. 2: Bitcoin Fear, Envy & Loathing

Does the Mainstream Media Assist Wall Street In Hypocritical Hypothesis For Fear Of The Next Paradigm Shift?

I’m looking for:

  1. Financial Capital
  2. Intellectual Capital
  3. Active and prolific traders to help beta test my wallets. 

If you are or know of any of the above, hit me up with a link to your LinkedIn and/or Wikipedia profile via reggie AT ultra-coin.com. You can also join me to trade live Bitcoin and currency exposures at 40 Broad Street, Friday at 6 pm if you wish. Equities, Silver and Gold exposures will be available next week and possibly by Friday as well. 


    



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