A GUIDE to BITCOIN - Will the Federal Reserve Allow This Digital CURRENCY to go MAINSTREAM?

You've probably noticed people talking and tweeting endlessly about "Bitcoin" lately.

It's even gotten the attention of economic heavyweight Paul Krugman, who has said it's like a reimplementation of the gold standard.

Bitcoin (sign: BTC) is a decentralized digital currency[9][10] based on an open-source,[11] peer-to-peer internet protocol. It was introduced by a pseudonymous developer named Satoshi Nakamoto in 2009.[12]

Bitcoins can be exchanged through a computer or smartphone locally or internationally without an intermediate financial institution.[13] In trade, one bitcoin is subdivided into 100 million smaller units called satoshis, defined by eight decimal points.[4]

Bitcoin is not managed like typical currencies: it has no central bank or central organization. Instead, it relies on an internet-based peer-to-peer network. The money supply is automated and given to servers or "bitcoin miners" that confirm bitcoin transactions as they add them to a decentralized and archived transaction log approximately every 10 minutes.

The log is authenticated by end-users through hashed ECDSA digital signatures (similar to a username and password) and confirmed by intense calculations of varying difficulty, performed by dedicated servers called bitcoin miners. Each 10-minute portion or "block" of the transaction log has an assigned money supply that is awarded to the miners once a "block" is confirmed. The amount per block depends on how long the network has been running and how much in transaction fees has been paid. Currently, 25 new bitcoins are generated with every 10-minute block. This will be halved to 12.5 BTC during the year 2017 and halved continuously every 4 years after until a hard limit of 21 million bitcoins is reached during the year 2140.[1][12]

Bitcoin is the most widely used alternative currency[3][14] and accepted by various merchants and services internationally. As of March 2013, the monetary base of bitcoin is valued at over $1 billion USD.[15][16][17] The large fluctuation in the dollar value of a bitcoin has evoked criticism of bitcoin's economic suitability as a currency.[18]

Bitcoins can be sent and received through various websites and apps. They interface with bitcoins stored locally or with a service. They use a system of ECDSA digital signatures to make and verify transactions.
List of bitcoin wallets
Armory http://bitcoinarmory.com Bitcoin-Qt Coinbase Electrum Flexcoin Multibit
My Wallet https://blockchain.info/wallet Proprietary Web application w/ encrypted hosting

Users obtain new bitcoin addresses as necessary; these are stored in a wallet file with links to cryptographic passwords or "private keys" that enable access to and transfer of bitcoins. A file or "wallet" containing bitcoin addresses is usually encrypted with an additional password. bitcoin "federal reserve" "digital currency" digital currency produce money printing print nothing internet "internet currency" payment "payment system" code bank show owner guide beginner learn truth future trade trading virtual buy sell gold anonymous amount price value "accept bitcoin" accept buying purchase shopping fed hack deals crime cash paper theft account 2013 2014 america u.s. "united states" american agenda economy dollar usd collapse crisis banking interest risk gold silver bullion "gold bullion" trust sheeple alex jones infowars gerald celente trends trend trending national geographic inside vault money vault david icke system matrix lindsey williams elite control mafia jp morgan spot price farrakhan 829speedy
The network's software confirms transactions when it records them in the transaction log or "blockchain" stored across the peer-to-peer network every 10-minutes. Confirmation of future transaction records makes the ones before it increasingly permanent. After six confirmed records or "blocks" (usually one hour), a transaction is usually considered confirmed beyond reasonable doubt.

Initiators of a bitcoin transaction may voluntarily pay a transaction fee for the confirmation of these records. Any fees are collected by the operators of bitcoin servers -- often called nodes or "bitcoin miners". However, transaction fees may not cover the cost of electrical power required to operate a bitcoin miner. As a result the network server operators often rely on "mined" bitcoins as their only significant revenue.[19

Various vendors offer banknotes and coins denominated in bitcoins; a bitcoin private key is sold as part of a coin or banknote. Usually, a seal has to be broken to access the key, while the receiving address remains visible on the outside so that the balance can be verified.

Doomsday Machine of the U.S. Economy - Seib & Wessel

David Stockman, former Reagan budget director, explains why he believes the machinery of government is massively failing, in an interview with WSJ's Jerry Seib.

Alex Jones Show: Friday (4-5-13) Steve Pieczenik & Chuck Baldwin

On the Friday, April 5 transmission of the Alex Jones Show, Alex breaks through the wall of lies overthrowing reality as Americans face the fight of their lives, confronting a purge of gun owners and a persecution of returning veterans being disarmed and having their children stolen. He also breaks down the accelerating global economic meltdown, and the escalating North Korean nuclear threat's chillingly close April 10 deadline. On today's show, Alex speaks with former presidential nominee of the Constitution Party, co-author of Romans 13: The True Meaning of Submission and the founder and former pastor of Crossroad Baptist Church in Florida, Chuck Baldwin. Also, Alex welcomes Dr. Greg Dixon, a Baptist pastor who staged a peaceful protest against the IRS's para-military order.

Judge Napolitano : Connecticut Gun Control Law is Absurd and Unenforceable & Should be VOID

Judge Napolitano : Connecticut Gun Control Law 'A Wishlist For Those Who Hate 2nd Amendment'


"I think it is a serious interference with the individual right to keep and bear arms, and Connecticut is a unique situation. You have people legitimately grieving over the tragedy right before Christmas in Newtown. You also have a very, very liberal, very progressive government that wants to feel like it is doing something to alleviate that grieving. Unfortunately, what it is doing would not have stopped Adam Lanza even if these laws had been in place at the time, and will only affect law-abiding people and their ability to hunt, shoot and protect themselves when the police can't and won't. It will not stop a single criminal -- or a single crazy person -- from doing the type of thing that has plagued our society."

Cyprus BIG Lesson - The Whole Money System Should Change

Cyprus - A wake-up call: Rethinking Money

In this documentary we have tried to capture the thoughts and feelings of ordinary Cypriots after their bank accounts got frozen in March of 2013. We've also asked them to think about alternative ways to see and use money. We'd like to thank them for their participation.

We believe everyone should have the right to choose their own currency.

Mike Rivero ~ 2 North Korean Submarines Gone Missing

April 4th - N. Korea Threatens Nuclear Strike Against U.S.



It comes as South Korean intelligence claims Pyonyang has moved a mid-range Musudan missile to the country's east coast, which would put all of South Korea, Japan and the US territory of Guam in range. US Secretary of State Chuck Hagel is taking the sabre rattling seriously: "As they have ratcheted up their dangerous rhetoric and some of the actions they have taken over the last few weeks present a real and clear danger." In another move North Korea has told South Korean firms operating in the Kaesong industrial zone to withdraw by April 10. The association has asked the North to extend the deadline until April 13, but has yet to receive a reply Read more from the source: http://www.euronews.com/2013/04/04/no...

Webbot Clif High: How Bitcoin will collapse currency as we know it

Recorded on April 4, 2013 . In this episode, Clif High gives a primer on Bitcoin, which he believes will collapse currency as we know it

The Clipper chip was an attempt by the gov't to have access to everybody's encrypted information by forcing them to use an encryption chip which had a private key accessible by the gov't at all times. It is analogous to the gov't attempting to seize somebody's Bitcoins, it was a failure with the Clipper chip and it would be a failure with Bitcoin. Unless the government is torturing you, there is no way for the to steal your private key which you use to sign Bitcoin transactions.

The Future of the World and Asia's Role - Business Leaders Panel: INET Hong Kong

Business Leaders Panel on "The Future of the World and Asia's Role" at the Institute for New Economic Thinking's "Changing of the Guard?" conference in Hong Kong. Featured panelists include INET and Research in Motion Co-founder Jim Balsillie, Ronnie Chan, and Mari Pangestu, with moderator Victor K. Fung.

North Korea War, Syria and the Global Banking Crisis Will Spread

North Korea War, Syria and the Global Banking Crisis Will Spread



North Korea has rattled its saber in the past, but not this loudly. Any talk that this is another bluff to get the world to back off on the sanctions for its nuclear program is underestimating the seriousness of the situation. The Middle East is on fire, and the center of the blaze is Syria. There were more reports that the conflict is spreading to neighboring countries. Don't think this banking crisis is over—it's not. The situation in Cyprus is far from over, and people like James Turk are warning a big bond default from a country like Argentina could send the financial system into shock. Greg Hunter of USAWatchdog.com analyzes these stories and more in the Weekly News Wrap-Up.

North Korea on HIGH ALERT - Kim Jong-un: The Moment of Explosion is Coming

As family’s struggle day after day with the economic crisis the political powers and corrupt profit once again on spending our money fighting yet another fight that shouldn’t be fought, not that we shouldn’t fight back if attacked…

Nothing ever just happens great plans are made to plot these massive world wide events.

North Korea is PROBABLY just a BIG DISTRACTION people……….Pay MORE ATTENTION to what is happening within our own Amerikan borders. It is all designed to take your eye off the ball……to get you “looking outward” and not “inward” at what is happening down your local street.

Pay attention to the following items:
gun control
troop movements
DHS activities
UN troops training here
more FEMA camp construction
Tea Party demagoguery by the mainstream press

And to really be a THORN IN THEIR SIDE be sure to buy more guns & ammo and “be a prepper”………that last one really pisses them off and helps to derail their ultimate “globalist” agenda……..!

Robert Steele, former CIA Agent Says War Is Eugenics & Drug War Is Fake

Robert Steele, former CIA explains war is eugenics, drug wars are fake.Bankers create crash and recession.People are unemployed and they enroll with army.Soldiers go to Middle East and get killed by roadside bombs,depleted uranium bombs etc.Control the oil,money & food and you control the people. When country is destroyed , bankers move in and offer loans to enslave the nation. Economic terrorism.Check Nikola Tesla technology.

Cyprus And The Canadian Connection

People in the Western world have been duped. With fractional reserve banking their deposits aren’t really there anyway. As Economist Murray Rothbard has pointed out banks operating under the fractional reserve system are always by definition insolvent. At the height of the pre 2008 bubble some U.S.. banks were leveraged at over 30 to 1. The FDIC has never had more than about 2% of the funds necessary to cover all U.S. deposits they purport to insure. When a bank has loans outstanding that are 10 or 20 or 30 times the amount it holds in deposits and the bank is failing their depositors funds have already been squandered! They aren’t seizing the depositors money. It’s ALREADY gone! Now we know why the DHS is buying automatic rifles, billions of bullets and thousands of APC’s. Wait till they come after all those “rich people’s” tax deferred retirement savings.
The great Cypriot bank heist could soon be coming to the west as Canadian financial institutions along with the Canadian government have outlined their plans for a Cyprus styled bail in regime in the Economic Action Plan of 2013.
Your money is officially no longer safe in any of the major Canadian banks. As we've witnessed in Cyprus the Canadian government will be looking to loot the accounts of depositors in the event that one or more of the "too big to fail" banks depletes its capital to the point of no return. The failed system of fractional reserve lending has proven disastrous and the time has come to protect your assets from being stolen by the government.

Chris Horlacher is a practicing Chartered Accountant providing management and project consulting services to large and mid-sized companies. Chris also sits on the Board of Directors of the Ludwig von Mises Institute of Canada, an international economics and public policy research centre.

For more information visit:
http://www.mycfoweb.ca/
http://mises.ca/

Build up to WW3 - North Korea Military Officially Authorized to WAGE a NUCLEAR ATTACK Against U.S.

North Korea warns military cleared to wage nuclear attack against US

South Korea says North Korea has moved a missile with "considerable range" to its east coast after an unnamed spokesman for the North Korean army warned the U.S. Wednesday that its military has been cleared to wage an attack using "smaller, lighter and diversified nuclear" weapons.

South Korea's defense minister said Thursday the missile moved is not capable of hitting the United States.

Kim Kwan-jin dismissed reports in Japanese and South Korean media that the missile could be a KN-08, which is believed to be a long-range missile that if operable could hit the United States.

Kim told lawmakers at a hearing that the missile's range is considerable but not far enough to hit the U.S. mainland. He said he did not know the reasons behind the missile movement, saying it "could be for testing or drills."

The range he described could refer to a mobile North Korean missile known as the Musudan, which has a range of 1,800 miles. That would make Japan and South Korea potential targets, but little is known about the missile's accuracy.

North Korea has railed for weeks against joint U.S. and South Korean military exercises taking place in South Korea and has expressed anger over tightened sanctions for a February nuclear test.

The army spokesman said in a statement carried by the Korean Central News Agency that troops have been authorized to counter U.S. aggression with "powerful practical military counteractions."

North Korea nuclear threats prompt US missile battery deployment to Guam

Hagel says Pyongyang poses 'real and clear danger' to US allies as Pentagon deploys missile defence battery to Pacific island

The Pentagon ordered an advanced missile defence system to the western Pacific on Wednesday, as the US defence secretary, Chuck Hagel, declared that North Korea posed "a real and clear danger" to South Korea, Japan and America itself.
The deployment of the battery to the US territory of Guam is the biggest demonstration yet that Washington regards the confrontation with North Korea as more worrying than similar crises over the past few years. It also suggests the Americans are preparing for a long standoff.

North Korea ramped up its rhetoric on Wednesday, warning that it had authorised plans for nuclear strikes on targets in the US. The North Korean military said that the "moment of explosion is approaching fast" and that war could break out "today or tomorrow".

An unnamed North Korea army spokesman, in a statement carried by the Korean Central News Agency, said its military had been cleared to wage an attack using "smaller, lighter and diversified nuclear" weapons.

Early on Thursday the Yonhap news agency in the South said North Korea had moved what appeared to be a missile that might be capable of reaching Guam to its east coast. The Musudan missile, thought to be untested, had a theoretical range of 1,875 miles (3,000km) which would put all of South Korea and Japan within its reach, said Yonhap, quoting unnamed South Korean and US intelligence sources.

Connecticut governor signs tough new gun laws

Connecticut's governor signed tough new gun ownership rules into law, four months after a gunman opened fire on an elementary school in the state, killing 20 children and six adults. The measure passed in the state assembly makes Connecticut the third state after New York and Colorado to tighten gun laws in the wake of the December 14 massacre at Sandy Hook Elementary School. More than 100 makes of rifles - including the Bushmaster AR-15 used by killer Adam Lanza in the Newtown school - were added to an existing, but now vastly expanded ban on military-style weapons. In addition, ammunition clips holding more than 10 rounds must now be registered, while new sales of the large clips are banned.

David Icke - Know Thyself

WE ARE TRAPPED IN ILLUSION, TRAPPED IN CONFUSION TRAPPED IN NOT KNOWING WHY. WE ARE TRAPPED IN A SPELL TRAPPED IN A SHELL, TRAPPED IN A REASON WHY A DISSOLUTION OF ONES SELF MAKES ME REALIZE SHIT THAT I BEEN DEALT. AND THE MIRROR HOLDS THE FACE OF A STRANGER, FACE OF DANGER, FACE OF FALLEN ANGELS - ALL NOT KNOWING WHAT TO DO, CUZ IN THEIR LIVES, THEY WERE MANIPULATED TOO. CUZ AS MANKIND WE'RE CENTERS OF POWERS, AND OVER TIME THIS HAS BEEN DEVOURED

Cyprus Is Just A Trial Balloon ~ Sheikh Imran Hosein

Bankers are already ruling the world from behind a curtain, but soon the curtain will be gone.

Imran Nazar Hosein is a leading International Islamic Philosopher, Scholar and author, specialising in world politics, economy, eschatology , modern socio-economic/political issues and expert on international affairs. He is best- selling author of Jerusalem in the Qur'an. Imran Nazar Hosein was born on the Caribbean island of Trinidad in 1942 to parents whose ancestors had migrated from India as indentured labourers. He studied Islam, Philosophy and International Relations at several universities and institutions of higher learning. Among them are al-Azhar University in Cairo, Egypt, the Institute of International Relations of the University of the West Indies in Trinidad, the University of Karachi in Pakistan, the Aleemiyah Institute of Islamic Studies in Karachi, Pakistan, and the Graduate Institute of International Studies in Geneva, Switzerland.

The Saudi Succession Crisis & The Geopolitical Implications

Saudi Arabia is arguably the worlds most important supplier of oil. Its unique traditions governing succession have led to a crisis that could easily destabilize the region.

Pope Francis is the Last Pope and Antichrist?

Former Argentinian Cardinal Jorge Mario Bergoglio is now Pope Francis. According to some interpretations of the prophecies of the popes by the Catholic saint and Bishop Malachy, Pope Francis is in the position of "Peter the Roman," the pontiff who reigns during tribulations until around the time of the destruction of Rome. Do biblical prophecies warn of someone that sounds like Peter the Roman? Could Pope Francis be the heretical antipope of Catholic private prophecies and the final Antichrist of Bible prophecy? Could a Jesuit be "the black pope"?


"It is impossible to read history except in the context of an army of Jesuits, masters of deceit, treachery, treason, infiltration, subversion, assassination, insurrection, civil war and coercion, plotting for the good of the papacy, and the defeat of all the Pope's foes anywhere in the world." J. E. C. Shepherd, 1987 Canadian Historian there are thousands of lower professed jesuits on the internet low level members of jesuits below the forth vow the secular and spiritual coadjutors catholic agents bringing counter attacks against those exposing the jesuits and they work for the jesuit order pretending to be protestants amongst protestants to gather information for the jesuits wolves in sheeps clothing ."Disinformation" means a preemptive dissemination of deliberately misleading information announced publicly or leaked by a government, intelligence agency, corporation or other entity to prevent a target audience from realizing accurate conclusions. .// result the controlled opposition internet intelligence agents.

Alex Jones Show: Thursday (4-4-13) Dane Wigington, Troy Smith and Rob Nash

The Alex Jones Show - April 4, 2013
Date: 04/04/2013
Aquaponics and Geo-engineering
On the Thursday, April 4th edition of the Alex Jones Show, Mike Adams guest hosts and Alex rides shotgun. Mike covers the escalating tensions between North Korea and the United States as the supreme leader of North Korea, Kim Jong-un, threatens to nuke the U.S. Mike also runs down the latest on efforts by Obama and the Democrats in Congress to hamper the Second Amendment. On today's show, Mike talks with Troy Smith and Rob Nash in-studio. Smith is the owner of Brite Ideas in Austin, Texas, and Nash is the founder of http://www.austinaquaponics.com/. Mike's guests will talk about aquaponics, a sustainable food production system that combines a traditional aquaculture with hydroponics. Dane Wigington will break down the latest on geoengineering, weather control, chemtrails and related topics.

How Offshore Banks & Money Laundering works ?

On Wednesday, Francois Hollande had to react to the revelation that his former budget minister had a secret Swiss bank account. Now the president has been forced to deny he knew his former campaign treasurer had investments in the Cayman Islands. They've come to light after the Washington-based International Consortium of Investigative Journalists leaked the offshore secrets of thousands of politicians and business figures from 170 countries. Joining us live from Washington, DC is Marina Walker, the organisation's deputy director.