Redefining Marketing: Markethive Leads in the Inbound Marketing Era

Redefining Marketing: Markethive Leads in the Inbound Marketing Era

Staying ahead of the curve is crucial in the dynamic and ever-changing business world. In the modern business landscape, innovation and technology act as guiding forces, shaping how companies engage with their audiences and forge connections. In this era of constant evolution, a powerful synergy has emerged between two groundbreaking concepts: inbound marketing and blockchain technology. This convergence is rewriting the rules of engagement and presenting companies with unprecedented opportunities to carve out a competitive edge.

Gone are the days when traditional marketing methodologies ruled the roost. The one-size-fits-all approach of old-school marketing campaigns is gradually being replaced by a more interactive, personalized, and customer-centric approach. Inbound marketing is not just a strategy; it's a philosophy that revolves around attracting, engaging, and delighting customers by delivering valuable and relevant content. It's about creating a genuine connection with your audience, addressing their pain points, and offering solutions that resonate personally.

Amidst this transformative landscape, a standout player emerges: Markethive. This innovative ecosystem stands at the crossroads of the inbound marketing revolution and the blockchain evolution. Markethive's unique proposition lies in its ability to seamlessly fuse the principles of inbound marketing with the cutting-edge potential of blockchain. By doing so, it offers a comprehensive system that empowers businesses to connect with their target audience and build lasting relationships based on trust and transparency.

As we embark on this journey through the eras of marketing, from the traditional approaches of yesteryear to the revolutionary paradigm of today, we'll delve deeper into the facets that make Markethive a trailblazer in this space. We'll explore how its state-of-the-art technology and commitment to blockchain integration position it as a force to be reckoned with in the marketing world. So, fasten your seatbelts as we navigate through the intricacies of modern marketing evolution and the exciting possibilities that lie ahead, with Markethive leading the way.

The Dynamic Evolution of Marketing Strategies

Delving into the ancient history of marketing unveils a fascinating narrative of transformation and adaptation. From the early days of universal billboards and broadcast commercials to the sophisticated era of inbound marketing, marketing strategies have been a journey of innovation, trial, and refinement. What began as a shotgun approach, characterized by mass advertising and outbound messages, has now matured into a nuanced dance of personalized engagement and interactive storytelling.

Cast your mind back to the days when marketing was synonymous with loud, one-sided conversations. Brands would deliver their messages from billboards, TV screens, and radio waves, hoping to capture the attention of a broad audience. This hit-or-miss approach often left consumers feeling like passive recipients of information rather than active participants in a meaningful dialogue. These tactics' lack of customization and relevance underscored a glaring disconnect between brands and their increasingly savvy and selective audience.

But then, the winds of change swept through the marketing landscape. Inbound marketing emerged as a beacon of customer-centricity, altering the course of how businesses connect with their potential customers. This paradigm shift responded to the changing dynamics of consumer behavior and preferences. Modern consumers no longer want to be bombarded with messages; they crave valuable insights, personalized experiences, and genuine connections.

Inbound marketing is a philosophy that turns the tables on traditional approaches. Instead of flooding the masses with messages, inbound marketing seeks to attract, engage, and delight potential customers through meaningful interactions. It's a strategy rooted in empathy, understanding, and value creation. By delivering content that addresses their target audience's specific pain points and interests, brands can establish themselves as trusted advisors rather than mere promoters.

The beauty of inbound marketing lies in its ability to align seamlessly with the evolving preferences of modern consumers. It's not about pushing products; it's about forging connections. It's not about one-size-fits-all; it's about tailoring experiences. In an age where consumers have the power to filter out unwanted noise, inbound marketing opens the door to authentic conversations and valuable exchanges.

As we navigate through this dynamic evolution of marketing strategies, it's clear that the journey is far from over. The landscape continues to shift, driven by technological advancements, changing consumer behaviors, and societal trends. But one thing remains certain: the heart of effective marketing beats to the rhythm of connection, relevance, and engagement. As we embrace this new era of marketing, one thing is for sure: the consumer is at the center, and the businesses that listen, adapt, and engage are the ones that will thrive.

The Power of Inbound Marketing

Imagine a world where businesses aren't just vying for attention with flashy ads and intrusive pop-ups, but rather, they're earning attention by offering solutions to real problems. That's the essence of inbound marketing. By crafting content that addresses pain points, answers questions, and gives insights, businesses become more than just sellers; they become trusted sources of information and assistance.
 
The transformative power of inbound marketing becomes even more pronounced in today's digital age. Thanks to the rise of social media, businesses now have direct access to their audience, enabling authentic interactions and meaningful conversations. No longer are companies limited to a one-way communication channel. Instead, they can engage, listen, and adapt in real-time. This has ushered in a new era of marketing where feedback isn't just welcomed; it's actively sought after.
 
But the impact of inbound marketing isn't solely about engagement; it's about building relationships. When content resonates with the audience, it sparks a connection beyond transactional exchanges. It establishes a bond based on shared values, common interests, and a genuine understanding of the audience's needs. This connection drives customer loyalty and advocacy, turning satisfied customers into brand ambassadors.
 
Consider the scenario where a fitness enthusiast comes across a series of blog posts from a sportswear brand. These posts provide workout tips, nutritional advice, and success stories from fellow enthusiasts. By offering this valuable content, the brand positions itself as more than just a seller of athletic wear; it becomes a partner in the journey towards a healthier lifestyle. This emotional resonance is what sets inbound marketing apart. It creates a narrative that customers want to be a part of.

Markethive's Innovative Approach

At the crossroads of innovation, where the worlds of inbound marketing and blockchain technology converge, lies Markethive, a platform that is rewriting the rules of engagement. It's not just a platform; it's a visionary approach that melds the power of inbound marketing, the potential of blockchain technology, and the strength of a vibrant community, all fueled by its very own cryptocurrency, ‘Hivecoin.’ This cryptocurrency isn't just a digital token; it's a symbol of collaboration and a medium of exchange for ideas, services, and value.

Visualize a terrain where traditional marketing techniques are no longer sufficient, customer relationships are not just transactions but genuine connections, and security and transparency are paramount. This is the landscape that Markethive is helping to shape, offering a fresh perspective on how businesses can interact with their audiences.

Inbound marketing, the heartbeat of Markethive's strategy, is all about creating meaningful interactions. It's a departure from the one-way communication of old marketing methods. Instead, it's a conversation, a dialogue, and a relationship-building endeavor. Markethive recognizes the power of this approach and has harnessed it to its fullest potential. Through the platform's array of tools and features, content creation becomes an art, and engagement transforms into a science.

But Markethive doesn't stop there. It goes further, embracing blockchain technology and redefining the foundations of trust and security. Blockchain, often associated with cryptocurrencies, is more than that; it's a technology that brings accountability and immutability to the digital world. Markethive seamlessly integrates blockchain's capabilities, ensuring that data remains private, transactions are tamper-proof, and interactions are verifiable.

What sets Markethive apart is its community-driven ethos. It's not just a platform for marketers; it's a living, breathing ecosystem where individuals with diverse talents and goals come together to thrive.

So, when you look at Markethive, you're not merely seeing a platform; you're witnessing a paradigm shift in how marketing, technology, and community intersect. It's a place where creativity meets security, transactions are infused with trust, and a global community comes together to shape the future of engagement. This is Markethive, an innovative fusion of ideas, technology, and humanity, redefining how we approach marketing and community collaboration.

The Multifaceted Advantages of Markethive

When exploring the advantages that Markethive brings, one quickly realizes that this platform is a true game-changer in more ways than one. Beyond its surface appeal, Markethive's multifaceted benefits resound through the core of modern marketing and networking dynamics. In this era where data is as precious as gold, Markethive harnesses the power of blockchain technology to provide a level of assurance and security that is nothing short of revolutionary.

In a world with its fair share of data breaches and privacy concerns, Markethive stands tall as a fortress of data security. The seamless integration of blockchain technology within the platform serves as a reassuring shield, safeguarding user information against the prying eyes of malicious actors. The inherent transparency and immutability of blockchain deter unauthorized access and offer users the peace of mind they deserve. This is more than just a feature; it's a testament to Markethive's commitment to building a haven for its users.

Beyond data protection, Markethive takes decentralization to a whole new level. In an age where governments use businesses to dictate the rules of engagement and achieve their control agenda by proxy, Markethive flips the script. The decentralized structure of the platform puts the reins back in the hands of the users themselves. No longer confined to the dictates of third parties, users are empowered to direct their interactions, forging connections on their terms. This enhances user autonomy and ushers in an era of authentic engagement.

One of the most intriguing facets of Markethive's approach is its ingenious way of turning content creation and sharing into a rewarding endeavor. In a landscape where attention is a currency, Markethive elevates this concept by enabling users to monetize their contributions. Imagine earning tangible rewards for sharing your insights, creating content, and engaging with a community that values your input. Markethive transforms your actions into currency, making every interaction a step towards potential earnings.

Markethive is a game-changer because it's powered by the strength of people coming together. The company is on a mission to give you an edge that's seriously unfair in the best way possible. Imagine being part of a movement that reaches billions through social networks and gets you top-notch SEO results in a snap. That's the kind of power we're talking about.

The system is jam-packed with features that are designed to help you succeed. The autoresponders here are even better than what you'd find in popular services like Aweber, and the capture page technology is out of this world, ensuring you capture leads like a pro. And speaking of leads, there are widgets that make subscription a breeze for your capture pages and WordPress sites.

The blogging systems are designed for massive reach. Your visitors can easily subscribe and spread the word through their social networks. And there’s an auto-posting feature; we're talking about reaching millions, even billions, on platforms like Facebook, LinkedIn, Instagram, and more. Results? Yep, you're gonna see them with mind-blowing ROI.

Inbound marketing is the way to go. More than 90% of your potential customers search the web, and a whopping 80% of their purchasing journey happens before they even contact you. That's where Markethive comes in, helping you understand your customers and guiding them straight to your website. Attract leads, nurture them, and turn them into loyal customers. That's the power of inbound marketing. And with Markethive, you're not just getting a platform but becoming part of a movement. Several other services are in the works, so whether you're starting or ready to take your business to the next level, Markethive is here to support you. Your success is our success, and with Markethive, you've got a partner who's got your back every step of the way.

It's worth noting that the extensive censorship on various social media platforms and the concerning actions of governments that seem to limit people's freedoms, Markethive provides an exciting solution. Markethive creates an environment where people can truly express themselves without fearing censorship or suppression. This merging of ideas and technology promises to allow individuals to communicate, connect, and collaborate without facing the hurdles often accompanying the virtual landscape.

Markethive aims to establish a space where creativity and dialogue can flourish unhindered, promoting an atmosphere of openness and unrestricted exchange of thoughts and ideas. By acknowledging the concerns surrounding censorship and the desire for personal freedoms, Markethive is positioning itself as a potential solution, offering a platform that aspires to preserve the essence of free expression in an ever-evolving digital world.

Navigating the Future

As digital marketing has become essential in today's business environment, businesses constantly seek efficient ways to reach their target audiences—Markethive steps in by offering a suite of inbound marketing tools designed to address these challenges head-on. Unlike traditional outbound marketing, where messages are pushed to consumers, inbound marketing focuses on attracting potential customers through valuable content and experiences.
 
Markethive's arsenal includes systems and tools like blogs, email autoresponders, e-commerce stores, banner advertising, press releases, boost, video advertising, broadcasting, franchised news sites, and analytics that empower businesses to craft engaging content and strategically share it across various platforms.
 
Businesses can streamline their marketing efforts and achieve a more significant ROI by offering a comprehensive toolkit that covers content creation, social media management, analytics, and community engagement. This approach aligns well with consumers' evolving preferences, who value authenticity and personalized interactions.
 
One of Markethive's standout features is its emphasis on community building. Businesses can thrive by connecting with like-minded individuals, networking within their industry, and fostering meaningful relationships. This communal approach enables trust and credibility, which are crucial components of successful marketing campaigns.
 
Markethive's potential to surpass the tech giants lies in its commitment to addressing the pain points of modern marketing. Markethive's innovative solutions have the potential to propel it beyond Facebook, Twitter, and LinkedIn. Its focus on inbound marketing, community building, and blockchain technology sets it apart as a platform that understands and addresses the evolving needs of businesses in the digital age. As we navigate the future, it's exciting to witness how Markethive could reshape the landscape of social media and marketing.

Final Thoughts

Markethive is like a fresh breeze in the world of marketing. It's an ecosystem that mixes modern marketing ideas with the power of blockchain technology. This lets marketers do their thing, keep their data safe, and make real connections. Markethive is all about changing how we do marketing, and it's a sign of how new and exciting ideas can shape industries for the better.
 
The company's unique positioning as a pioneer in this space underscores the platform's commitment to reshaping marketing practices for the better. As we look ahead, it's clear that the fusion of these dynamic forces will define the trajectory of marketing in the digital age, and Markethive is the pioneering force.

 

 

About: Prince Ibenne. (Nigeria) Prince is passionate about helping people understand the crypto-verse through his easily digestible articles. He is an enthusiastic supporter of blockchain technology and cryptocurrency. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

WEFs Cyber Attack Simulations: Klaus says a Cyber Attack will Dwarf the Pandemic by Comparison

WEF’s Cyber Attack Simulations: Klaus says a Cyber Attack will Dwarf the Pandemic by Comparison. 

In late 2019, the World Economic Forum (WEF) co-hosted a global pandemic simulation known as Event 201 with the John Hopkins and Bill and Melinda Gates Foundation. A few months later, we were hit with an actual pandemic that began in early 2020. The WEF co-hosted a global cyber attack simulation with Sberbank, Russia's largest bank, in July 2020 called Cyber Polygon. In light of the aftermath of Event 201 has led to speculation that a cyber attack is on the horizon. 

This article explains the Cyber Polygon and summarizes what was discussed in the 2020 simulation. There was another Cyber Polygon simulation in mid-2021, which I touched on briefly in this article. However, the 2020 edition is significant because it was the first simulation involving Klaus Schwab and the WEF and the first year of the C-19 pandemic. A lot has happened since the 2021 simulation; hence, the Cyber Polygon 2022 simulation was postponed indefinitely.

What Is Cyber Polygon?

Cyber Polygon is an annual cyber security event hosted by BI.ZONE, a cyber security subsidiary of Sberbank. The first Cyber Polygon event took place in 2019, which included simulations for DDOS, web applications, and ransomware attacks. The summary reveals a limited number of participants, the only notable being IBM. The WEF was yet to be involved. 

However, the WEF’s cyber security initiatives predate Cyber Polygon by over a year. The WEF announced the Global Center for Cyber Security at its annual Davos conference in January 2018. At some stage in 2019/20, the WEF partnered with Sberbank to organize Cyber Polygon 2020. Not surprisingly, Cyber Polygon 2020 was much larger than the 2019 edition. Over 120 organizations from 29 countries were involved, and the online event had over five million viewers from 57 countries. 


Image source: Cyber Polygon 2020 Report.pdf

The website for Cyber Polygon 2020 explains that many of these 120 organizations chose to remain anonymous, but it reveals that many big names were involved. Besides Deutsche Bank and Ernst & Young, ICANN is noted as being one of the key partners, and it provides global internet infrastructure. Whereas the focus of the 2019 edition was DDOS, web applications, and ransomware attacks, the focus of Cyber Polygon 2020 was a so-called digital pandemic. This digital pandemic would affect everything from financial infrastructure to healthcare and have a global impact. 

The full Cyber Polygon 2020 stream is still available on the BI.ZONE’s YouTube channel, however, is almost 5 hours long. This article from Unlimited Hangout provides a detailed background on some speakers. 

 
Image source: Cyber Polygon 2020 Report.pdf

Cyber Polygon 2020

So Cyber Polygon 2020 began with opening remarks from Sberbank CEO Herman Gref. Herman explained that the speakers will discuss “the next pressing issue after the pandemic,” a global cyber attack. He revealed that Interpol is also a key partner of Cyber Polygon. Herman also announced that WEF founder and chairman Klaus Schwab is personally involved with Cyber Polygon. 

For context, the WEF is an organization consisting of the world's most influential individuals and institutions, which come together each year to decide the future of the world without our input basically. The first speaker was Mikhail Mishustin, the Prime Minister of Russia, the second most powerful person in the country after President Vladimir Putin. Mikhail revealed that the post-pandemic recovery will focus on digitization, a process accelerated by pandemic restrictions. 

The second speaker was Klaus Schwab; he revealed that he'd been working closely with Herman, the CEO of Sberbank. Klaus also said that he was pleased to have recently met with Putin, a meeting which apparently took place in Saint Petersburg in November 2019. On that note, Putin was a so-called young global leader of the WEF. Although the WEF removed Putin's profile from its website when the Russia/Ukraine war started, the association has led to speculation that the war is being used as a pretext for a cyber attack. 

In any case, Klaus explained that they need a “great reset to bring everything together,” AKA to centralize control. He said that all WEF stakeholders must be mobilized, and everything must be digitized. He added that the cyber attack will make the pandemic look like a small disturbance by comparison. 


Image Source: Unlimited Hangout

BI.ZONE Simulation

The presenter of the 2020 event was Alexander Tushkanov, head of sales at BI.ZONE. He explained that a cyber attack simulation would take place in real-time at the Sberbank headquarters during the event where BI.ZONE employees are the hackers, and participants are the cyber defenders. Alexander also said it's been many years since the WEF announced the Fourth Industrial Revolution. He explained that the WEF’s initiative has resulted in two groups: those who support it and those who oppose it. He asked whether trust or fear would be the motivator for future cooperation. 

Alexander also asked whether it would take another crisis to unite the world after the pandemic. As this article about resisting the great reset illustrates, the WEF is keen to create crises for this exact purpose: Centralized control. 

This ties into what was said by the third speaker, Tony Blair, the former prime minister of the UK and a frequent contributor to the WEF’s global agenda. He noted that digitization would continue after the pandemic and that rolling out a digital ID is the key to successful digitization. Tony went on to complain the governments weren’t doing enough to crack down on privacy-preserving technologies and then warned that a “globally impactful scandal is inevitable soon.” He also said that the lack of cooperation in the pandemic response makes him concerned that digitization will fail. 

On that note, Klaus saw the pandemic as an opportunity to test the great reset philosophy. Still, in hindsight, he acknowledged that the WEF’s top-down approach failed, so they are now focusing on young global leaders for a bottom-up approach. 

The fourth speaker was Jeremy Jurgens, chief business officer at the WEF. Jeremy explained that the speed of digitization will drive the kind of intimate public and private cooperation the WEF is looking for. Note that private and public integration are common in authoritarian regimes. Jeremy went on to explain that there will be another global crisis that will be worse and happen fast. He then revealed that the WEF has been working closely with intelligence agencies on cyber security related to energy infrastructure. He not-so-subtly asked what would happen if the energy grid went down.

The following speakers were Sebastian Tolstoy, head of Erikson's Russian operations, and Alexei Kornya, CEO of MTS, Russia's largest telecom company. The pair talked about the rollout of 5G and how its purpose is primarily for the operation of smart cities, not for civilian use.

Fake News: The Real Pandemic? 

Nik Gowing, a former BBC News journalist, and Vladimir Pozner, a Russian journalist, were up next. They discussed whether fake news is the real digital pandemic. Nick began slamming then-US President Donald Trump for calling the mainstream media fake news. Vladimir continued by questioning whether it's good that people have more access to information in the modern day. He said that journalists used to be soldiers under the Soviet Union. 

Funnily enough, there was much disagreement, and Vladimir said he wasn't enjoying the conversation. Vladimir won the argument, though, because governments worldwide are in the process of passing online censorship laws, some of which will go into force in the next few months.  

Other speakers were Jacqueline Kurnot, who works in cyber security consulting at Ernst & Young, and Hector Rodriguez, a senior vice president at Visa. The topic of discussion was how to prepare for a cyber crisis, and what the panelists said was eye-opening. Jacqueline insisted that the next global crisis is imminent and said that the only solution is government regulation. Thankfully, Hector was not as convinced that there would be another global crisis but revealed that Visa already had a plan for dealing with the pandemic shortly before it began. Coincidence? 


Image source: X Interpol

Interpol And WEF Aligned

Troels Ørting Jørgensen, the West Center for Cyber Security chairman, and Jürgen Stock, the secretary general of Interpol, then had their say. For those unfamiliar, Interpol fights international crime with the help of law enforcement agencies from 195 countries and counting. While the Interpol Charter states that the organization is supposed to be politically neutral, it appears to be very closely aligned with the WEF. Troels revealed that he and Jürgen have been close friends for 30 years.

Jürgen also said that Interpol and the WEF are aligned. Jürgen is particularly passionate about the WEF’s Fourth Industrial Revolution, which essentially involves the digitization of everything so that it can be closely monitored and controlled. To that end, Jürgen believes that software and hardware should have security by design features that allow this control. 

Craig Jones, who also works at Interpol, specifically as the organization's cybercrime director, was next. Craig's answers were less revealing than the questions from Alexander, who asked about cyber attacks being executed in waves across multiple countries. Notably, Alexander asked the last few speakers if cybercrime groups collaborate better than countries. The answers were mixed, but the consensus is that cybercrime groups collaborate better than countries, which makes sense, given the tense political climate. 


Image source: Transforming our World 4 IR

Petr Goradov, head of international legal cooperation at Russia's General Prosecutor's Office, watched the simulation at Sberbank headquarters. Alexander asked him why cyber crime was rising in Russia and why only 8% of cases were solved. Petr dodged the question and called on the United Nations to create a new convention focused on cybercrime. 

John Crain, chief security officer of ICANN, was asked by Alexander about the collaboration comparison between countries and cybercrime groups. John was the only speaker who claimed that the pandemic had increased the collaboration between countries. John also revealed that ICANN is keeping track of the registration of internet domain names worldwide and their correlation to crime. As an international organization, ICANN cannot pursue any enforcement action, but it has forwarded this information to the appropriate authorities. 

The final speaker was Stanislav Kuznetsov, chairman of Sberbank. He thanked the WEF, Interpol, and others for helping put together Cyber Polygon 2020. He explained that the outcome of the ongoing cyber attack simulation would be published in a subsequent report. As mentioned earlier, the attackers in the simulation were BI.ZONE employees and the defenders were the participants in the event. The identities of the defenders are not revealed in the simulation results. 

The simulation results seem to suggest that the participants are unprepared for a cyber attack regardless of their industry. The results also specify that more than 20% of participants could not identify cyber threats before they occur. Not surprisingly, financial institutions and IT companies performed the best across the three cyber attack scenarios. 


Image source: The Last American Vagabond

Cyber Polygon 2021 Highlights

As stated in the introduction, the Cyber Polygon 2020 gave rise to speculation that a global cyber attack was imminent. This speculation rose higher in mid-2021 when the WEF and Sberbank co-hosted a second cyber attack simulation. Like Cyber Polygon 2020, Cyber Polygon 2021’s key partners were the WEF, IBM, and Interpol, and the 2021 edition was almost twice as large as the 2020 edition, with 200 participants from 48 countries and 7 million viewers from 78 countries. Most participants again chose to remain anonymous. 

Whereas the theme of Cyber Polygon 2020 was a so-called digital pandemic, the focus of Cyber Polygon 2021 was a supply-chain cyber attack simulation similar to the SolarWinds hack that would “assess the cyber resilience” of the exercise’s participants. The website for the 2021 event ominously warns that, given the digitalization trends primarily spurred by the COVID-19 crisis, “a single vulnerable link is enough to bring down the entire system, just like the domino effect,” adding that “a secure approach to digital development today will determine the future of humanity for decades to come.”

In addition to the same globalists and bureaucrats of the 2020 edition, Steve Wozniak, the co-founder of Apple, was present at the 2021 event. It’s worth mentioning that Steve seemed surprised by the event because of Alexander's questions. Alexander asked Steve about data, and Steve boasted that he's proud that Apple doesn't share user data like other big tech companies. Alexander asked Steve about AI, and he said he was not all that impressed by it. Alexander also asks Steve about digital ID. Steve expressed that he doesn't like it at all but knows it's inevitable and hopes it's done in a way that protects user privacy. Steve went on to say that he hates authoritarianism and loves freedom.

The results of the 2021 cyber attack simulation can be found here. The difference is that the 2021 report did not contain a detailed breakdown of how the participants did. It only provided a paragraph, suggesting the participants did even worse than the previous year. A third simulation was set to occur in mid-2022 but was postponed. BI.ZONE announced on Twitter [X] that Cyber Polygon had been delayed indefinitely, and many would argue it was because of the war in Ukraine. 

According to this website, no official reason was given for the postponement, and there was no mention of sanctions or Ukraine.  It’s interesting to note that BI.ZONE has since been posting about cyberattack scenarios with the hashtag “You may be next,” often tagging Interpol in the tweets. 


Image Source: X [Twitter]

Global Cooperation Waning

So, is the WEF, in fact, planning a global cyber attack to achieve even more control? Executing a global cyber attack would also require the same kind of cooperation the WEF is trying to push with cyber defense simulations just like Cyber Polygon. 

The catch is that the cooperation the WEF requires for a global cyber attack has been breaking down ever since the pandemic began. The conflicts over the distribution of things like medical equipment and medicine have led to a decline in trust between countries. This is probably why Alexander, the presenter of Cyber Polygon, felt compelled to ask whether trust or fear would motivate cooperation during the next crisis. 

Interestingly, the only person Alexander asked this question to was WEF chief business officer Jeremy Jurgens. Jeremy admitted that fear achieves compliance but cautioned that compliance is not the same as cooperation. Jeremy also acknowledged there is serious competition between countries. It brings into question how the WEF will achieve cooperation without using fear in a way that won't be affected by the competition between countries. 

Answer To The Perfect Global Crisis

The answer is a global crisis where no individual or institution is to blame, a crisis some speakers alluded to. The only problem with this kind of crisis is that the WEF wouldn't have nearly the same degree of control over its emergence and response as it did with the pandemic. Ideally, the WEF would have a way of secretly creating or exacerbating a crisis where it's impossible to detect their influence. 

It raises the issue of what kind of a global crisis meets this criterion, and the answer is a climate crisis. The WEF and its allies have been talking a lot about this lately. It is also a crisis that they could secretly create or exacerbate. 

If you know anything about weather modification, you'll see that it is a very real technology that's been around for almost 100 years. Today’s weather modification technologies are more sophisticated and highly potent, and it's reportedly impossible to detect when they're being used. A climate crisis made or made worse by this undetectable weather modification would be the perfect path to total control for the WEF. They would only need to manage the online flow of information, which they're currently addressing with those online safety laws.
 

Food For Thought

Could the elites in power be using a series of successive crises to get everyone on the same internet? An internet where everyone is registered, and everything is monitored. Consider that every time there's been a disruption to the internet due to some crisis, Elon Musk has stepped in by offering internet via Spacex's Starlink service. If some cyber attack takes down the internet, Starlink is an alternative. 

The good news about this situation is that people will always be able to recreate new internet using peer-to-peer networks. This will be easier said than done, but it is possible and will be done if this is the path that the people in power decide to take.

The silver lining to all of the WEF’s plans is that the WEF doesn't only require the collective trust of countries to make this master plan work; it requires the trust of the average person. This trust has been broken beyond repair, and what's left of it is being pounded into dust by the WEF’s ever-more dystopian plans. 

There are more of us than there are of them. If we work together to fight for freedom, we will always achieve it because our collective consciousness and energy will always be greater than theirs. And though it may take some time for the equation to play out, the outcome is inevitable. 

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

United Nations Insane Attempt At Global Digitization: A Plan To Control And Profit

United Nations' Insane Attempt At Global Digitization: A Plan To Control And Profit

For most of us, it feels like digitization has already permeated every aspect of our lives, whether we like it or not. Some, most notably UN Secretary-General António Guterres, believe digitization is nowhere near the worldwide goals needed. The world must be digitized as quickly as possible, ideally no later than 2030. 

As we didn’t vote for this, all we can do as citizens is forward petitions to governments opposing this invasion of privacy and top-down control. More often than not, it seems to fall on deaf ears as the politicians supposedly working for the people are getting orders from corporate lobbyists or unaccountable and unelected international organizations, not their citizens. 

The United Nations is one of the most influential of these organizations, and it recently released a plan for a “Global Digital Compact” that governments will soon agree to. This article summarizes these digital plans, when they’re expected to be finalized, and what we can do to stop them. 

The report is titled “A Global Digital Compact – an Open, Free and Secure Digital Future for All.” It was published by the United Nations (UN) in May 2023 after almost four years of work. 

 
Source: A Global Digital Compact.pdf

Incidentally, in a speech that António gave at the World Economic Forum’s (WEF) Davos meeting in January 2023, he confirmed that the WEF and its affiliates have been forcing the UN's Sustainable Development Goals or SDGs using the Environmental, Social, and Governance or ESG investment trend. In other words, the WEF is effectively the arm of the United Nations. 

The good news is that the private sector isn't too keen to go along with the UN these days, per António's admission. The bad news is that the public sector is still very much on board, and António instructed the politicians at the WEF to ignore the opinions of their populations when implementing the UN's policies. 

The fact that the public sector is still on board means that some of the UN's policies could still be implemented. If you want a sense of what these policies will look like, consider that the UN recently took over the EU's pandemic passport to develop what is essentially going to be a global digital ID. The continued influence of the UN in the public sector is why it's prudent to summarize its recent report. It's necessary to know what they're planning and when they want to implement it if you want to sidestep or even stop it.

Report’s Brief Introduction

António himself apparently wrote the report; however, given the detail and scope of these initiatives and reports, many would find that very hard to believe. It's more than likely that someone is advising António, and it's possible he didn’t write these reports at all.

Speculation aside, the report begins with a brief introduction. In the first few sentences, António reveals that the proposals in this report are expected to be approved and adopted by global governments at the Summit of the Future in September 2024. He also reveals that he is behind the broader UN initiative this report is related to. 

Antonio underscores that all the policies in this report are intended to help achieve the UN's SDGs. For context, the SDGs are a set of 17 milestones that every country is supposed to meet by 2030. The SDGs are the origin of digital IDs, CBDCs, and that 2030 date you see everywhere. 

António explains that these policies can only be achieved with the help of so-called stakeholders. A word that effectively refers to the world's most powerful individuals and institutions. Note that private sector stakeholders want profits, and public sector stakeholders want to control. This is why both parties are obsessed with digitization. Plugging everyone into the system increases profits and makes it easier to control them. 

António laments that some people aren't as plugged in as others and implies that this is why inequality is growing around the world. Some would say that inequality is increasing because central banks and governments are lining their pockets and the pockets of their cronies using money printed out of thin air or taken from the average person via taxation, but that's a topic for another time. 

António also laments the fact that new and innovative technologies such as AI and crypto are not being sufficiently governed, that is, controlled. He applauds the digitization that resulted from the pandemic and implies that this is the direction the world should go in. António ends the introduction by saying, "Global digital compact is necessary to achieve the governance required for a sustainable digital future.” 

By now, you'll know that governance means control, and you'll also notice that António threw the word ‘sustainable’ in there out of nowhere. This could be a subtle reference to the individual carbon credit score system the UN is trying to set up.  

Requirements For Global Digital Cooperation

The first part of the report is about the requirements for global digital cooperation. António explains that it requires having a set of shared goals, and wouldn’t you know it, the SDGs are highlighted in blue. 


Source: A Global Digital Compact.pdf

António stresses that we must fully digitize the remaining 2.7 billion people ASAP. Notably, more than 1 billion are children. He acknowledges that not everyone wants to be part of the system and says that a “demand pull” is also needed and that this is where the public sector can play a role. He explains that they can do this by making things like digital ID mandatory to access Public Health Services. António includes schools and cultural services, which begs the question of whether we’ll eventually need to show a digital ID to get an education or practice religion. 

António calls on both the public and private sectors to make all their data accessible so that the UN can keep track of how close countries are to meeting the SDGs. He admits that the UN’s progress towards achieving 41% of the 92 environmental SDGs indicators cannot be globally measured due to a lack of interoperable data and standardized reporting. In other words, the UN has struggled to assess whether countries have achieved 41% of the SDGs by 2030.


Image source: UNStats.com

He then pivots to a topic he's been passionate about on X lately: Online Safety, AKA censorship. He says, “Open, safe, and secure use of the internet is slipping away from us, potentially, permanently.” He blames this on disinformation, hate speech, and the like. Antonio acknowledges that some countries have taken steps to censor the internet but says this isn't enough. He says the governments need to get more involved, both online and in the real world, and that they should crack down on hate speech. He also says that the “Global nature and infrastructure of the internet needs to be protected.” 

This is reminiscent of something António said in his speech at the WEF. He fears that the internet is splitting in two: A censored internet in the West and a censored internet in the East. Meanwhile, regarding AI, António says that the rapid advancement of technology is making governance, AKA control, very hard for the UN and its affiliates and that AI has put this on full display. 

Naturally, António is upset that AI is making it possible to generate so much content. “Imagine the disinformation”, he says. António does acknowledge that AI can be beneficial, but only if it is sufficiently controlled. He reveals that the UN has already been working with AI experts to assess how it can be controlled and how to make sure that it can always be shut down.

Lastly, António says that the “Arc of Innovation” needs to be bent toward solving societal problems and global challenges. Translation: AI needs to be used to manage the peasants. He says that governments need to be involved because businesses won't do this on their behalf. Some would say that some companies are doing the bidding of UN-controlled governments already, but let's not go there. 

Digitization Approach Similar To Climate Crisis?

The second part of the report is about the Global Digital Compact António is obsessed with. He starts by saying that digitization should be addressed in a manner similar to the climate crisis. This is quite concerning as it implies lots of regulation, intervention, and restriction of the internet. It would be ludicrous if they swapped out the climate crisis with some sort of AI-driven digitization crisis, but that would never happen, would it?

Speculation aside, António explains that the global digital compact he envisions adheres to the UN's SDGs, and the purpose of the compact would be to ensure that the SDGs are met. He hints that this will require “New governance arrangements.” In other words, more shady organizations. 

On a curious note, throughout the report, António refers to countries as “states,” presumably a term in the global government structure the UN is apparently trying to create. Antonio reveals that the UN is already actively discussing digitization with the states.


Member States of the UN

The Global Digital Compact Objectives

António then lists the global digital compact's objectives and the actions stakeholders should take to ensure these objectives are met. The first objective is to plug everyone into the matrix, and António provides a long list of measures, including subsidies and $100 billion of funding to this end. 

The above ties into the second objective: to invest heavily in digitization and “develop environmental sustainability by design and globally, harmonized digital sustainability standards, and safeguards to protect the planet.” It's a word salad that sounds like total control of digital technologies. 

The actions António recommends include money, money, and more money. They also encompass sharing data so the UN can finally start tracking how far along countries are in meeting the SDGs. For reference, there are only seven years left. It's safe to say that it's not looking good. Maybe they'll just rebrand like they did when their Millennium Development Goals failed due to the 2008 GFC.  

The third objective is to end the “gender digital divide” and to ensure that labor rights are adhered to online. Like all vague and ambiguous objectives, the actions required to meet them include some seriously dystopian stuff, including creating a dedicated UN government body in every country. 

The fourth objective is to ensure the internet remains open, secure, and shared. António's actions include avoiding blanket internet shutdowns but managing dissent or opposition. He suggests that governments use “targeted measures” instead.

This relates to the fifth objective: to address disinformation, hate speech, and the like to develop “trust labels and certification schemes” and to ensure that gender is included as a part of every digital policy to ensure absolute equality. Antonio proposes a long list of actions here, the most important of which is establishing a global code of conduct to ensure that the internet is policed correctly in every corner of the planet. After all, if there is a place where free speech still exists, opposition to the UN and its allies could start to spread. We can't have that, can we?

The sixth objective is to ensure adequate data governance, i.e., control. Actions include ensuring that all data is interoperable because nothing says privacy, like sharing your most sensitive data with every corporation, government, and organization on the face of the Earth. 

The seventh objective is to ensure adequate control of AI. Actions include “Urgently launching a global body that will regulate all of the AI in existence and any new AI that emerges.” António mentioned the UN half a dozen times, at least in this section. It sounds like they bought into the AI boom. 

The final objective is to ensure all other targets are met under the UN's SDGs. If you read through the report, you’ll see that António used “I” rather than “we” when recommending what action stakeholders should take to ensure these objectives are met. Those who often read reports may know this is rare in accounts by any organization. Some would say it speaks to the size of António's ego. 

Implementation Of Global Digital Compact

In any case, in the next part of the report, António discusses the actual implementation of the global digital compact. He starts by saying that various stakeholders will be responsible for different tasks. He then provides a long list of UN entities to assist with implementation. Oddly enough, António doesn't believe these existing UN entities are sufficient. He reveals that he wants to establish an annual digital corporation forum after all the world's governments agree to the global digital compact at the Summit of the Future in September 2024. 

What's hilarious is that he doesn't even ask for feedback about this idea. He literally says that he's just going to go ahead and start planning the agenda for this new forum. Would-be members of the forum already have homework. Every year, they will write an extensive report about digitization for the UN. 

António concludes the report by recounting how the UN began this digitization initiative four years ago and how he released an initial roadmap for it two years ago. A partial timeline is illustrated in the image below. Note that it doesn't end with that event in 2024. It ends with the World Summit on the Information Society review in 2025 instead.

 
Source: A Global Digital Compact.pdf

António then declares,

“The time for talking about the need for digital cooperation has long passed. We need to focus on how we make this a reality. We need to act now, and with speed, if we are to recover the potential of digital technologies for the equitable and sustainable development that is slipping away from us and the planetary crisis that confronts us.”

The remainder of the document provides a list of all the different UN entities and stakeholders involved in this particular initiative. Most people, including me, do not recognize any of the key players in the infographic (shown below), and many critical thinkers opine that the rabbit hole runs right to the center of the earth with each one. 


Source: A Global Digital Compact.pdf

How Do We Stop This Global Takeover?

So the big question is how to stop this Global Digital Compact. The answer could be as simple as letting history run its course or as complex as convincing public institutions to steer clear of it. The simple answer is to reference all the countless UN initiatives that never came to pass. As you can imagine, coordinating hundreds of institutions and thousands of individuals can be challenging. Everyone must be on the same page, or they won’t meet their international goals. After all, the world is pretty fragmented right now, and that's why António is so frustrated. 

Internationally, the global South is slowly cutting itself off from the global North. Domestically, political tensions are rising fast, and UN-affiliated ideologies are quickly becoming unpopular. In this climate, it's impossible to achieve widespread consensus. The fact that some of the UN's initiatives are bad for the average person makes the presence of countries not conforming to an agreement a problem. That's because regular folks will be able to compare outcomes and see what effects the UN has. And if we end up with some kind of financial crisis, it's guaranteed that the UN's Global Digital Compact or the SDGs will be of insignificant value. 

Consider that the 2008 financial crisis stopped the MDGs dead in their tracks. They were also on year eight of a 15-year journey. It would be uncanny if history repeated itself this year. But let’s play out a scenario for the sake of entertainment. Let's assume the UN somehow gets all its ducks in a row. In this case, convincing public institutions to defect from its digitization agenda will be extremely difficult. 

The UN can pressure them to comply using other public and private institutions. Some of the UN's digital initiatives, such as CBDCs, may appear appealing to the average person initially, which means there's likely to be lots of voluntary adoption at the outset. It's not until later that the populace will realize that they've sleepwalked into digital slavery. 

As such, the only solution would be to create an alternative system or help existing alternative systems grow. This is what the UN fears the most, especially when this alternative system consists of rapidly evolving technologies, such as ethical AI and cryptocurrency. 

Indeed, the fact that the UN fears these kinds of technologies proves that these technologies are a part of the solution. If the UN gets its way, it could also become a part of the problem. Thankfully, technology evolves much faster than the United Nations and is also much humbler than the UN's head honcho, so it's implausible that the stratagems of these self-serving globalists will reign. 

The great reset/agenda 2030 is falling apart, so always seek the truth and share it. The elites will try and take control by putting us in de facto digital prisons with CBDCs and digital IDs, but alternatives exist and are evolving. They will prevail if they're promoted, adopted, and crowdfunded.

Cryptocurrency will play a critical role in this decoupling between the average person and the corrupt institutions that rule them. Success is not guaranteed, but the pendulum is swinging toward freedom. The UN/WEF's self-confidence is waning as its stakeholders and countries realize how out of touch they are with ordinary people like us, so let's keep that momentum going.

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Suspense Builds in Crypto Community as SECs Gensler Delves into AI

Suspense Builds in Crypto Community as SEC's Gensler Delves into AI 
 

The crypto-verse is truly holding its breath as Gary Gensler of the SEC shifts his gaze towards the challenges presented by artificial intelligence. In the whirlwind domain of cryptocurrencies, where values swing wildly in the blink of an eye, it's rare for a single person's actions to stir up so much speculation and excitement across the entire industry. 

Yet, that's exactly what's happening with Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), as he zeroes in on the hurdles posed by AI. It's like a sudden plot twist in a gripping movie, keeping everyone on the edge of their seats. But the stakes are much higher this time, and the outcome could determine the destiny of an entire economic sector.

Gensler's tenure as the SEC Chair has been all about taking the reins in cryptocurrency regulation. He's brought lawsuits and investigations against significant players in the crypto field, aiming to establish more explicit guidelines and clamp down on possible fraud or deceptive practices. This bold approach marks a clear departure from the more hands-off attitudes of the past. However, just when everyone thought they had the storyline figured out, the narrative took an unforeseen twist.

Gensler, recognized for his deep understanding of financial regulation and emerging technologies, has made a surprising choice to shift the SEC's focus toward the challenges posed by artificial intelligence. This unexpected move has raised eyebrows among those in the industry and those observing from the sidelines. With the crypto market booming and regulations still a work in progress, the question arises: Why would Gensler shift his attention to a whole new frontier?

The crypto sector now stands at a crossroads, uncertain about the path ahead. With Gensler's attention toward AI, those invested in cryptocurrencies can't help but wonder how this chapter will unfold. Will it be a story of collaboration and forward movement or a tale filled with suspense and hurdles? Only time holds the key to revealing the upcoming exciting chapter in this ongoing saga.

Regulatory Concerns and the SEC

The SEC wears the hat of a regulatory guardian, ensuring that securities are handled fairly, and markets run smoothly. When it comes to the realm of cryptocurrencies, their mission extends to safeguarding investors against fraud and unethical practices. They meticulously monitor Initial Coin Offerings (ICOs) to guarantee compliance with securities laws. Think of them as the lawmen of the digital Wild West, where crypto-cowboys roam.

But the plot has taken an interesting twist. The SEC's head honcho, Gary Gensler, has unveiled a change of focus. Instead of exclusively zeroing in on cryptocurrencies, he's turning his attention to the hurdles posed by artificial intelligence (AI) in the financial arena. The US watchful regulators are now keeping tabs on the potential influence of our future robot overlords.

This shift has thrown the crypto industry into a state of suspense. What does this mean for the fate of cryptocurrencies? Will they finally break free from the chains of regulatory uncertainty, or could they find themselves overshadowed as AI takes center stage? The answer is yet to be unveiled. 

But one thing is sure: Gary's shift might divert attention and resources from overseeing cryptocurrencies. This could bring a sigh of relief to those yearning for less interference or raise eyebrows among those advocating for stricter control. The industry is undoubtedly in for some turbulence as this transformation unfolds. It's akin to riding a rollercoaster with no map of its twists and turns. 

The crypto industry has weathered many ups and downs before and is well-equipped to navigate this latest twist. It's all part of the wild and unpredictable nature that makes this industry so intriguing. Moreover, who knows the ways in which AI could revolutionize the cryptocurrency landscape? Picture self-trading coins or wallets that seem to possess a mind of their own. The potential seems boundless!

So, as we await the SEC's strategies to tackle AI challenges, let's keep our gaze fixed on the ultimate goal. Cryptocurrencies have come a long way, and their journey is far from over. As the industry matures and adapts, we'll continue to rise above whatever hurdles come our way. After all, these very challenges shape us and fuel the evolution of this exciting sector.


SEC Chair Gensler speaking before the National Press Club on July 17. Source: SEC

In his speech at the National Press Club, Gary Gensler underlined a significant truth: While the cryptocurrency arena has its fair share of issues like scams, hacks, and money laundering, the realm of artificial intelligence (AI) poses even more significant financial hazards for folks in the US and other nations. As he delved into the topic, Gary spotlighted various risks tied to the ongoing AI surge, which could shake up trillions of dollars worth of assets traded on markets overseen by the SEC.

Looking closely, Gary explains that amidst this AI boom, there's a flip side to the coin. On one hand, AI-generated investment suggestions could revolutionize the customer experience within financial institutions. Sounds promising, right? 

However, he doesn't shy away from pointing out a potential drawback. This emerging technology could also be used to blur the lines of accountability when things go wrong. If errors or failures occur, AI could be exploited to shroud responsibility.  AI-driven trading bots can potentially manipulate financial markets, particularly in unregulated sectors like cryptocurrency. This manipulation can deceive investors into buying assets at inflated prices, resulting in financial losses.

Phishing scams used to stand out due to their misspellings or grammar mistakes, but with the advent of generative AI, creating well-written emails in any language has become effortless. This technology can craft convincing messages that mimic native speakers. In simpler terms, Gary is raising a flag on the potential upsides and downsides of AI's influence on the financial world. It's like navigating a brand-new terrain where incredible opportunities and unforeseen pitfalls are equally likely. As he steers this conversation, Gary is essentially shining a light on the unknown pathways that lie ahead in the realm of AI.

Phishing scams used to stand out due to their misspellings or grammar mistakes, but with the advent of generative AI, creating well-written emails in any language has become effortless. This technology can craft convincing messages that mimic native speakers. In simpler terms, Gary is raising a flag on the potential upsides and downsides of AI's influence on the financial world. It's like navigating a brand-new terrain where incredible opportunities and unforeseen pitfalls are equally likely. As he steers this conversation, Gary is essentially shining a light on the unknown pathways that lie ahead in the realm of AI.


Image source: X [Twitter]

The Waiting Game

Gary Gensler has been quite vocal about his criticisms of the crypto world, accusing it of being filled with hackers, fraudsters, and scams. He's been attacking the industry with full force, making us all wonder what his next move would be. But then, out of nowhere, BlackRock, the giant investment firm, steps in and expresses its interest in crypto. 

They see the value and potential in Bitcoin and other cryptocurrencies. And just like that, Gary's tone changes. He suddenly shifts his focus to AI and suggests we can address the crypto world later. It's almost like that schoolyard bully who picks on a kid, only to back off when he realizes the kid has a strong older sibling to protect them. BlackRock is that older sibling defending crypto against Gary's attacks.

This turn of events is quite amusing to watch. With Gary's attention focused on AI startups, it's safe to say that those in the AI industry need to brace themselves. It seems like Gary is excited about this new direction and wants to regulate AI. As for crypto, there's a sense of relief that his aggressive attacks might lessen. 

However, remember the importance of clarity and resolution for ongoing cases. The SEC seems to be strategizing by prioritizing the current cases before moving on to new ones. After all, a win in these high-profile cases could set a legal precedent that affects the entire industry.

It is essential for the crypto community to come together and support each other in these cases. The industry can't afford to have a fragmented stance where some projects are supported while others aren't. The outcome of the SEC’s regulation against AI will impact the entire crypto industry, and it's crucial for crypto to have a strong track record. 

All the players need to understand that it's not just about supporting one project over another but rather about advocating for a fair and just resolution for all cases involving crypto. So, amid all this, we continue to watch the developments unfold. The shift from attacking crypto to focusing on AI is quite the twist, and it'll be interesting to see how it all plays out. 

The Bottom Line 

AI is making leaps and bounds in technology, with blessings and concerns in store for the cryptocurrency industry. The fusion of AI and various aspects of cryptocurrencies can make things smoother, more accurate, and super secure. Picture this: Trading strategies are automated, and fraudulent activities are identified in a snap. That's the kind of potential AI brings to the table.

But of course, there's the flip side. Cryptocurrencies' unique, decentralized, and roller-coaster nature poses a challenge for AI algorithms. Making sure these systems can keep up with the ever-shifting crypto landscape is no cakewalk. And let's not forget about the worries around privacy, data security, and biases sneaking into AI decisions. All these are real concerns that are keeping industry regulators awake at night.

Now, while the SEC's AI focus might momentarily shift away from cryptocurrency regulation, folks in the know are pretty sure it's just a temporary shift. The waiting game has begun, and everyone's busy speculating. Will we see more regulations? Will the cryptocurrency ecosystem become even more robust and secure? It's like making guesses about what's in the next plot twist.

As for how the industry is reacting to Gensler's AI interest, it's a mixed bag. Some see it as a thumbs-up, a sign that the SEC is on track with keeping up with the times and potential risks. Others have their brows furrowed, worried that too much regulation might stifle the creative spark of innovation. But no matter which side you're on, one thing's for sure: AI and cryptocurrencies are about to collide in ways that could blow our minds.

In a world that's moving faster than ever, the way to win is adaptability. As we all eagerly await the SEC's next moves, folks in the industry should gear up to be informed, ready to act, and quick on their feet. Embracing innovation while addressing valid concerns is going to be the way forward. This fusion of AI challenges and regulations promises a truly exciting future where finance and technology intertwine to change how we perceive and handle money. Get ready because it's bound to be a thrilling ride!

 

 

About: Prince Ibenne. (Nigeria) Prince is passionate about helping people understand the crypto-verse through his easily digestible articles. He is an enthusiastic supporter of blockchain technology and cryptocurrency. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.
 
 
 

 

 

 

 

 

 

New Use Cases For Bitcoin Ordinal Theory Disturbs Bitcoin Purists Competition For Ethereum?

New Use Cases For Bitcoin. Ordinal Theory Disturbs Bitcoin Purists. Competition For Ethereum? 

Bitcoin is evolving with the introduction of inscriptions, which has caused an explosion in innovation, creating new use cases for Bitcoin that many thought it would never advocate. Some believe these use cases are inappropriate for Bitcoin's primary mission of decentralizing money and being a store of value. These use cases include BRC-20 tokens, and Ordinal Inscriptions likened to an NFT called Digital Artifacts, and many are wondering whether they will compete with NFTs and ERC-20 tokens on Ethereum. 

This article illustrates what Inscriptions, Ordinals, and BRC-20 tokens are, how they work, and evaluates what impact the Ordinal theory could have on BTC. Also, how will these protocols impact Ethereum? Could ETH lose NFT market dominance as a result? 

When Did It All Start

The history of Bitcoin's recent innovations begins with the Taproot upgrade, which went live in November 2021. Essentially, Taproot removed limits on how much data each BTC transaction can use, allowing a single transaction to fill an entire Bitcoin block. This opened the door to attaching additional data to BTC transactions, including individual Satoshis. (Sats). For context, each BTC comprises 100 million Sats, like cents to a dollar. 


Image Source: Cointelegraph

As the name suggests, inscriptions make it possible to attach data to individual Sats, including audio, video, and text. Bitcoin Ordinal inscriptions can be fungible or non-fungible, depending on who owns the Ordinal and whether they wish to preserve the individual Satoshi. 

The concept of adding data to individual Sats isn't necessarily new. In fact, Bitcoin creator Satoshi Nakamoto and early Bitcoin developer Gavin Andresen discussed creating a domain name system on Bitcoin in 2010. This eventually led to the creation of Namecoin, one of the first Bitcoin forks. In 2012, the CEO of eToro proposed the concept of colored coins, which involves attaching data to BTC transactions to tokenize real-world assets effectively. 

The main reason why these concepts failed to reach mass adoption was because of data limits on BTC transactions, which Taproot has since removed. Another reason why these inscriptions failed to reach mass adoption was because it was challenging to create or keep track of them. This is what the Ordinals protocol does. It allows anyone to inscribe individual Sats with additional data and keep track of where they are. 

Ordinal Protocol and Inscriptions

As stated on the Ordinal website, a Sat inscription is an NFT; however, "digital artifact" is used instead because it's simple and familiar to artists, collectors, and traders. The phrase "digital artifact" is highly suggestive, even to someone who has never heard the term before. In comparison, NFT is an acronym that feels like financial terminology and doesn't indicate what it means if you haven't heard it before.

Bitcoin developer Casey Rodarmor created the Ordinal protocol in late January 2023. In an interview, Casey explained that he'd been considering making the protocol since he saw generative art NFTs on Ethereum in early 2022. Casey wanted to bring similar kinds of NFTs to Bitcoin. However, Casey stepped down as the lead developer of Ordinals in late May and announced a pseudonymous developer named Raph Japh would be taking his place as he couldn't give the protocol the attention it deserves.

Interestingly, Ordinals only need two things to run the protocol: a full Bitcoin node and a Bitcoin wallet that can read and write Ordinal inscriptions. Casey explained in an interview that the Ordinal protocol was designed to require no extra infrastructure; it exists entirely on Bitcoin. Even more interesting about Ordinals is that the inscriptions apparently can't be searched using a browser, at least for now. 

Casey explained that this is because of “instability.” This means that you must search for inscriptions manually on Ordinals.com, which isn't easy because there are many. For reference, there were more than 10 million inscriptions when Casey stepped down from the protocol in late May. It’s not surprising considering that multiple NFT marketplaces had started supporting Ordinals inscriptions, and a new type of inscription was also invented, the BRC-20 token. 


Image source: X [Twitter] Ordinals Wallet

What Is A BRC-20 Token?

The BRC-20 token experiment was introduced by a pseudonymous on-chain analyst named Domo in early March 2023; that enables users to create fungible tokens natively on Bitcoin. However, before launching BRC-20, Domo stressed that the token is “simply a fun experiment.” 

The BRC-20 token standard is similar to the ERC-20 token standard commonly used on the Ethereum blockchain. However, unlike the popular token standards on Ethereum, BRC-20 tokens do not use smart contracts. Instead, users store a script file on Bitcoin and use that to attribute tokens to individual satoshis. BRC-20s embed JSON data into ordinal inscriptions to enable users to deploy, mint, and transfer tokens. BRC-20s are considered “semi-fungible” since users can only exchange BRC-20 tokens in set increments. 
 
BRC-20 tokens have limited functionality compared to their ERC-20 counterparts on Ethereum. Unlike ERC-20s, which can be used as collateral in various dApps, BRC-20s are restricted to minting and moving fungible tokens on the Bitcoin blockchain. This is why there were over 10 million Ordinals but only around 40,000 BRC-20 tokens. Each Sat inscribed with an Ordinal Digital Artifact only contains one image, video, or text, whereas each Sat inscribed with a BRC-20 can have millions of units of a single token.

BRC-20 Memecoin Craze Causes Fees To Skyrocket

Naturally, BRC-20 tokens caused the number of inscriptions to surge, and the subsequent BRC-20 memecoin craze caused transaction fees on Bitcoin to spike. By May, the market cap of BRC-20 tokens had passed $1 billion, with crypto wallets adding support and exchanges listing the biggest ones. The most popular crypto wallet for BRC-20s and Ordinal Digital Artifacts is the UniSat browser extension. The browser wallet has been downloaded over 300,000 times so far. To put things into perspective, the wallet only had 100K downloads in mid-May – a 3X increase in a month.

Screenshot: Chrome Web Store

Meanwhile, the number of non-zero Bitcoin addresses, i.e., the number of Bitcoin wallets holding more than 0 BTC, has gone parabolic over the same period. Bitcoin miners have also been raking it in from the transaction fees. The fees actually surpassed the block rewards for the first time since 2017. At the same time, innovation around both Ordinals NFTs and BRC-20s had increased. 

More Innovations Ensued

One of the most famous innovations happened in February 2023, when a crafty hacker found a way to upload a cloned version of the 30-year-old video game classic DOOM to the Bitcoin blockchain as an inscription on the network’s Ordinal protocol. You can literally play a simplified version of Doom on Bitcoin. 

More recently, another pseudonymous Ordinal developer named Leonidas introduced recursive inscriptions, making it possible for inscriptions to interact. This, in turn, makes it possible to upload playable video games larger than one Bitcoin block and unlocks other new use cases. 

In May 2023, Milady’s NFT enthusiasts launched a new Ordinals NFT standard with the help of an Ordinal Digital Artifact marketplace that makes it possible to bridge NFTs from Ethereum to Bitcoin. The catch is that the conversion is currently a one-way trip, but it foreshadows more interoperability for Ordinal Digital Artifacts and BRC-20s. 

On that note, the first BRC-20 stablecoin was launched in late May. The caveat is that the issuer of this stablecoin appears to be somewhat sketchy. Even so, it foreshadows the launch of more reputable stablecoins directly on the Bitcoin blockchain, likely resulting in even more Bitcoin adoption. 


Image source: BRC-20.io

Bitcoin Maxis Pushing Back

Not everyone is applauding Bitcoin's recent innovation, however. Many have argued that Ordinals are useless. This argument has some merit, considering that some of the earliest Ordinal inscriptions contained unsavory types of content that have since been hidden. Still, as it’s been inscribed into the blockchain, the image itself is immutable.

Some have also argued that BRC-20 tokens are harmful. This is also understandable, considering that they caused transaction fees on the Bitcoin blockchain to spike. It’s made it more expensive for people in developing countries to send BTC transactions, all because some degens wanted to trade memecoins. 

Others have argued that Bitcoin shouldn't be used for anything other than regular peer-to-peer BTC transactions. This is reasonable, considering the Bitcoin white paper says peer-to-peer electronic cash. Never mind that the more complexity you add, the more vulnerabilities you create. 

Crypto analyst Eric Wall explained in an interview that the way the ordinals protocol was coded is akin to an exploit. Crypto VC partner Nick Carter also pointed out in an interview that this unforeseen use of the Taproot upgrade could make the Bitcoin community more hesitant to approve future upgrades. Nick believes that Bitcoin won't be seeing another upgrade for a long time because of the unforeseen risks it will create. 

On the other hand, many, including Nick, have argued that the objectively useless Ordinal Digital Artifacts will be priced out due to the increased transaction fees. It makes sense because whoever pays the highest price has their transaction processed first. People won't continue to pay a high price to inscribe useless data. 

Progressive Bitcoiners Counter

Some have argued that Layer 2s will solve the blockchain bloats supposedly caused by BRC-20s like the Lightning Network. This also makes sense because higher transaction fees on the base chain create an incentive to generate scaling solutions, an incentive lacking in Bitcoin. 

Others have argued that the fees from peer-to-peer BTC transactions alone may not be enough to secure the Bitcoin blockchain as time passes, so additional use cases should be allowed. This makes sense because Bitcoin isn't just a crypto; it's the most secure network in the world, the ideal base layer. It's not just the progressive Bitcoiners saying this, either. Bitcoin OGs like Blockstream CEO Adam Back have acknowledged that Bitcoin can be used for whatever people want. 

Many Ordinal supporters have also noted the technology’s contribution to the freedom of speech. One Bitcoin observer posted on X stating, “I know everyone hates Ordinals, but whether it’s text or images, the ability to publish uncensorable information on the Bitcoin time chain effectively makes speech uncensorable worldwide forever.” 

What matters at the end of the day is the demand for block space and BTC, ideally from objectively valuable use cases. F2Pool CMO Li Qingfei underscored that Ordinals and BRC-20 tokens will eventually give rise to these objectively valuable use cases once all the hype is gone. The consensus is that both innovations are a net benefit and clear advantage to Bitcoin, but it's still too soon to say what's hype and what's here to stay. 

Ethereum Gearing Up for Competition

Many people have pointed out that conversations around Ordinal Digital Artifacts and BRC-20 tokens sound eerily similar to those around the first NFT craze and the ICO boom on Ethereum in 2017. At the time, people were also arguing about Ethereum’s future in light of these disruptive innovations. Some of you will recall how pictures of cartoon cats once caused massive congestion, jamming up the Ethereum network.

You may also know that most crypto projects launched on Ethereum were utterly worthless. Notably, all will appreciate that many of the NFTs and ERC-20s that survived are valuable and useful. Chances are that we will see the same thing happen with Ordinal Digital Artifacts and BRC-20 tokens. This means that Bitcoin could become more akin to Ethereum; if it does, it will make BTC a more direct competitor to ETH, and it appears that ETH has already been gearing up for this direct competition. 

To explain, BTC is considered to be digital gold. This is primarily because BTC's tokenomics make it an ideal hedge against currency debasement and, arguably, inflation – It is “Sound money.” Conversely, ETH is considered to be digital oil. This is primarily because ETH is the fuel that runs Ethereum, which hosts most dApps and tokens. The narrative around ETH started to change in mid-2021 with the EIP1559 upgrade. 

EIP1559 burns a portion of all transaction fees on Ethereum to refresh your memory. With enough activity, this makes ETH deflationary. Hence, the new narrative of ETH is “Ultrasound money.” Obviously, the term is meant to imply that ETH is a superior store of value to BTC due to its deflationary nature. 


Image source: X [Twitter] 

Ethereum’s transition from Proof-of-Work to Proof-of-Stake also made ETH more appealing to institutional investors because they can stake it to earn a yield, and we know institutions love earning yield. Regarding the environmental aspects of Proof-of-Work versus Proof-of-Stake, you should know that ESG-obsessed institutional investors aren't really concerned about the E part. They're worried about the G, the Governance, i.e., the control. Bitcoin can't be controlled, and ESG investors don't like that.

What Makes BTC More Appealing

Given that ETH can be deflationary and earn a yield via staking, it begs the question of what makes BTC more appealing than ETH to investors, particularly institutional investors. Many people have been asking this question lately, especially as ETH continues to change and BTC stays relatively static. The answer to the question is “security.” 

The Bitcoin blockchain is the most secure network in the world, mainly because it is static compared with all the others, which change constantly. It is the ideal base layer on which additional innovations can be built. The only thing missing was the incentives to create them. Ordinal Digital Artifacts and BRC-20s have introduced these incentives and prepared Bitcoin’s ecosystem to see the same explosive growth Ethereum did after NFTs and ERC-20s saw genuine adoption. 

The difference is that Bitcoin’s ecosystem will be much more secure due to its base layer. This is significant because security is the only thing institutional investors love more than token burns and yield. They want to be sure that the tokens they mint on a cryptocurrency blockchain will stay there forever, and Bitcoin arguably provides more certainty than Ethereum here. 

This is for many reasons, including that Proof-of-Work is more secure than Proof-of-Stake. The infrastructure used to interact with Ordinal Digital Artifacts and BRC-20 tokens exists on Bitcoin itself—the fact that Bitcoin doesn't change, and it's been around for much longer than Ethereum. Never mind that BTC is the only crypto the SEC has said is not a security

Bitcoin Innovation Risks

As bullish as Ordinal Digital Artifacts, BRC-20 tokens, and other Bitcoin innovations will be for BTC, there will also be risks. This is one undeniable advantage that Ethereum has: it has moved fast, broken things, and fixed them. Bitcoin hasn't broken anything yet, but unlike Ethereum, it can't afford to. 

Many argue that the most significant risks associated with Bitcoin innovation appear to be regulatory. Bitcoin evangelist Michael Saylor believes there could be regulatory risks, mainly for BRC-20 tokens. Like the ERC-20 tokens on Ethereum, Michael thinks that some BRC-20 tokens could be classified as securities by the SEC. It's ironic, considering that BTC itself is supposedly immune from scrutiny. 

Definitively, the most considerable risk associated with innovation on Bitcoin is one that's been overlooked, and that's centralization. As transaction fees on the Bitcoin blockchain rise because of the innovation, more people, mainly those who don't have much money, will switch to using Layer 2 protocols. 

The Lightning Network is Bitcoin’s Layer 2 solution for its renowned slow transaction speed. It consists of payment channels that contain large amounts of BTC. Individual payment channels between various parties combine to form a network of Lightning Network nodes that can route transactions among themselves. The interconnections between different payment channels result in the Lightning Network. 

Unless you have enough BTC and technical know-how to open your own payment channel, you must use a payment channel that a third party of some kind operates. The harsh reality is that sending BTC transactions on the lightning network using a payment channel run by a third party is no different from using a bank to send fiat transactions. 

That's because every BTC transaction is tracked, and you technically don't own your BTC, meaning it can be frozen or stolen. Because of this protocol’s current vulnerabilities, third parties must run on nodes to prevent fraud within the Lightning Network, called a watchtower, which monitors transactions.

Today's gas fees on Ethereum transactions are unaffordable for most people, forcing them to use Layer 2s, which are centralized and controlled by VC investors. It’s fair to say that's not what crypto is about and what anyone wants for Bitcoin, Ethereum, or other cryptocurrencies. All being well, Bitcoin will take a different approach to growing and scaling its ecosystem than other Layer 1s. All it takes is the right incentives. 


Image source: Ordinals Marketplace

In Closing

The developers of the Ordinal theory have expressed that the most essential thing the Bitcoin network does is decentralize money. They acknowledge all other use cases are secondary, including Ordinals. However, they believe that Ordinal theory helps Bitcoin's primary mission, at least in a small way. 

Suppose inscriptions prove to be highly sought-after digital artifacts with a rich history. In that case, they will serve as a powerful hook for Bitcoin adoption: Come for the fun, rich art, and stay for the decentralized digital money.

Ordinals and inscriptions increase demand for Bitcoin block space, which increases Bitcoin's security budget. This is vital for safeguarding Bitcoin's transition to a fee-dependent security model, as the block subsidy is halved into insignificance and ensures that Bitcoin remains secure.

Many hope that the Ordinal theory strengthens and enriches Bitcoin and gives it another dimension of appeal and functionality, enabling it to serve its primary use case more effectively as humanity's decentralized store of value.

This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.
 
 

 

 

 

 

 

 

 

Crypto: A Shield of Financial Stability Amidst Next Possible Pandemics and 2025 Depopulation Crisis

Crypto: A Shield of Financial Stability Amidst Next Possible Pandemics and 2025 Depopulation Crisis 

In our ever-changing world, reality sometimes feels more unbelievable than anything we could imagine in fiction. And when it comes to the hidden workings of global events, it's like trying to solve a puzzle with missing pieces.

One particularly intriguing aspect involves some major players on the world stage: the Central Intelligence Agency (CIA), the U.S. Department of Defense (DoD), as well as prominent foundations like The Rockefeller Foundation, the Bill and Melinda Gates Foundation, the World Health Organization (WHO), United Nations (UN) and other non-governmental and governmental organizations. Also, Deagel is a mysterious online entity that has gained attention for its extensive data on military capabilities and some eyebrow-raising predictions about depopulation by 2025. It's an enigmatic website that's caught the curiosity of many people.

The world as we know it has undergone a profound transformation in the wake of the COVID-19 pandemic. Societal paradigms have shifted, and nowhere is this more evident than in the financial sector. Amidst the chaos and uncertainty, cryptocurrencies have emerged as a beacon of stability and a potential safeguard against future global crises.

As economies grapple with the pandemic's aftermath, it has become increasingly evident that traditional financial systems are susceptible to shocks and vulnerabilities. In contrast, the rise of cryptocurrencies has been nothing short of meteoric, prompting us to ponder their role in preparing for the next possible pandemic.

As the world braces for what may come next, as Bill Gates and the World Health Organization said, the possibility of the next pandemic has added urgency to the discussion. According to Bill Gates, the risks of severe disease from COVID-19 have “dramatically reduced,” but another pandemic is all but certain because of the simulation called "Catastrophic Contagion." However, it is crucial to contextualize these simulations within the broader context of preparedness and foresight, as they have been conducted before, like the "Event 201" simulation in October 2019.

Let us embark on a journey of shedding light on how cryptocurrencies may hold the key to fortifying our financial systems and offering a shield of resilience in the face of future pandemics. By examining the growing significance of digital assets, we can better understand their role in shaping tomorrow's financial landscape.


Image source: International Man

Terrifying 2025 Depopulation Forecasts

In recent years, the website Deagel.com has become the center of a controversial discussion surrounding its predictions for the year 2025. These predictions, which were later removed from the website in 2020, sparked an intense debate due to their apocalyptic forecasts of massive depopulation in various countries. However, thanks to the Internet Archive, we can still delve into what Deagel initially forecasted before the information was taken down.

The figures projected by Deagel in 2020 were truly startling. They foresaw a jaw-dropping 77.1% decline in the population of the United Kingdom and an equally alarming 68.5% decline in the population of the United States by 2025. Furthermore, Germany was predicted to experience a substantial reduction of 65.1%, while Australia was projected to face a 34.6% decrease in population. Similar drastic declines were also forecasted for several other Western countries.

According to a tweet by an account known as The Researcher, it says:

"Not to be a Debbie downer, but the one world government cabal appears to be planning mass murder, aka carrying out their depopulation program, in 2025."

Understandably, these forecasts have left many people deeply concerned, particularly when considering the current global situation and the documented data on excess deaths. Some individuals speculate that these predictions may not be entirely speculative, as they uncomfortably align with real-world events. In this context, some argue that the COVID-19 vaccination campaigns, authorized for emergency use, might have played a significant role in these potential population declines.

The reported connection between Deagel.com and influential organizations such as the U.S. Department of Defense (DoD), the CIA, and The Rockefeller Foundation adds further intrigue and raises eyebrows. The alleged association between a seemingly obscure website and such influential entities has fueled suspicion and raised questions about the nature of Deagel's forecasts. This has led to unsettling inquiries about the DoD's potential involvement in COVID-19 research in Ukraine even before the virus was officially recognized and how it might relate to Deagel's predictions.

Are We Headed for Another Lockdown?

Bill Gates may not have a research background in public health, medicine, epidemiology, or infectious disease. Still, surprisingly, he has taken on a significant role in the lives of billions of people by influencing and suggesting what medical actions are needed to return the world to what he refers to as a state of normalcy. It's quite extraordinary to observe how he transitioned from a software kingpin to a prominent figure who influences global health matters. This transformation sheds light on our direction as we face an unprecedented crisis unlike anything we've experienced before.

John D. Rockefeller and Bill Gates were two individuals who recognized the importance of giving back to the public to win their admiration and, in turn, manipulated people's behavior to achieve their desires. Rockefeller, known for his vast oil monopoly fortune, generously invested hundreds of millions of dollars in creating institutions he claimed were for the greater good of the people. Notable examples include the General Education Board, the Rockefeller Institute of Medical Research, and the Rockefeller Foundation.

Fast forward to the present, and we have Bill Gates, who has been on a remarkable journey from a software tycoon to a humanitarian, thanks to the Bill & Melinda Gates Foundation. In fact, Gates has even surpassed Rockefeller's legacy, with the foundation now holding the title of the largest private foundation worldwide, boasting an impressive $67.3 billion in assets. Their primary focus areas are global health and development, global growth, and global policy advocacy.

The one thing both Rockefeller and Gates have in common is the strategic use of well-funded public relations campaigns to shape their public image. Gone are the theatrical PR tricks of the past; instead, Gates has mastered the art of gaining public favor through more straightforward means: investing in positive publicity.

For instance, the Bill & Melinda Gates Foundation spends substantial amounts of money each year on media partnerships. They sponsor coverage of their program areas across various platforms, including The Guardian's Global Development website, NPR's global health coverage, and the Our World in Data website, which tracks the latest statistics and research on the coronavirus pandemic. They also fund BBC coverage on global health and development through both BBC Media Action and the BBC itself and world health coverage on ABC News.

These initiatives show how Gates is committed to promoting awareness and understanding of critical issues and furthering public engagement in the areas that matter most to him and the foundation. It's a testament to his dedication to gaining substantial governmental and institutional powers, which ensures he pushes his devilish agenda on a global scale without any objection.

So, who is Bill Gates, you may wonder? Is he a software developer, a businessman, a philanthropist, or even a global health expert? Well, this question has evolved into something of a real concern for many. It is obvious that Gates' incredible wealth and influence have allowed him to gain significant power over various aspects of public health, medical research, and vaccine development.

As we face the challenges of our times, it's becoming evident that Gates' ideas and actions hold considerable sway. It's unprecedented to think that someone without medical training could wield such power, and it raises important questions about the implications of this influence on the lives of billions of people. The world is grappling with the very issues Gates has been discussing for years, and we can't help but ponder how his wealth and position might impact the future of global health and beyond.

Bill Gates believes that a potential new pandemic would likely stem from a different pathogen than the coronavirus family and that advances in medical technology could cut vaccine production times to six months if huge investments are made on time.

While it may sound alarming, it's essential to remember that these simulations have also been conducted in the past. In 2019, they organized "Event 201," which simulated a global response to a coronavirus, months before COVID-19 became a reality. When powerful people make predictions, you must understand it is usually a well-planned operation waiting to be carried out at the right time. The 2025 depopulation forecasts by Deagel.com and the possible global health crisis in the same year as Bill Gates projected it is not a coincidence. 


Image source: Center for Health and Security

The latest simulation, called "Catastrophic Contagion," envisions a severe epidemic of enterovirus respiratory syndrome in 2025, originating in Brazil. They conducted this tabletop exercise involving health ministers and public health officials from various countries, along with pre-recorded news broadcasts. It might interest you to know that as  Bill Gates has already earmarked 2025 for the next pandemic, the White House is getting all of its ducks in a row for it. Get ready for it, people!

In an interview with Maria Bartiromo, host of “Sunday Morning Futures” on Fox News, Sen. Rand Paul said:

“Gates is the largest funder of trying to find these viruses in remote caves and bring them to big cities. So what happened in China is they went eight to 10 hours south of Wuhan, 200 to 300 feet deep into a cave, found viruses, and took them back to a city of 15 million.” 

In the past, when the COVID-19 pandemic hit, there were hopes that companies and world leaders would come together to create vaccines and distribute them globally, free of charge. Unfortunately, profit motives seemed to dominate, leading to the emergence of new billionaires in the vaccine industry. Now, you understand that these health crisis projections are a means of profit-making at the expense of humanity.

During the simulation, there was a strong focus on targeting children, which could be an attempt to create fear and mobilize the public if a real-life scenario unfolds. The idea might be to incorporate any new pandemic into routine vaccination schedules as a way to control its spread.

While simulations are meant to help us prepare for potential crises, it's essential to be skeptical and question the intentions behind certain decisions and policies related to these developments. We need to stay vigilant and ensure that any measures taken are genuinely in the best interest of public health and safety. Let's keep asking questions and seeking transparency to protect ourselves and our communities.

Consolidated Financial System

The financial landscape is about to witness a significant change as the Federal Reserve prepares to launch a new fast payment system. But this isn't the only development in the works. Central banks worldwide have been quietly working on their own fast payment systems for quite some time, backed by influential organizations like the World Bank and the Bill and Melinda Gates Foundation. The lack of public information about these initiatives raises concerns and draws attention to the potential implications.

To better grasp the situation, let's delve into some background information. The World Bank, established during World War II, has close ties with U.S. interests and provides loans to developing countries. These loans often come with conditions for achieving the United Nations' Sustainable Development Goals (SDGs). From the look of things, these SDGs might lead to the forceful adoption of concepts such as digital IDs, Central Bank Digital Currencies (CBDCs), and Smart Cities.

What's intriguing is the connection between the World Bank and the Bill and Melinda Gates Foundation. Both organizations have been actively working on implementing digital IDs and fast payment systems. The World Bank's Payment Systems Development Group has been at the forefront of modernizing payment systems worldwide.

So, what exactly are fast payment systems? These systems aim to enable instant fund availability 24/7 through central infrastructures, allowing banks and non-banks to connect and offer additional services to end-users. Various countries have already established their own fast payment systems. The ongoing project seeks to transform existing payment systems into fast payment systems and eventually integrate them with CBDCs. The idea is to create a global financial system that is fully interconnected and controlled.

Reports from the World Bank, especially one from September 2021.pdf, suggest that integrating fast payment systems and CBDCs is a likely direction. The plan involves leveraging the existing fast payment infrastructure to facilitate the operationalization of CBDCs, making them more accessible to the public.

As these developments unfold, concerns arise about centralized control over financial systems to keep the people under strict surveillance. This coordinated effort undermines people's financial freedom and subjects them to a predetermined agenda. The fear is that such a system will dictate people's spending habits and even restrict access to their own funds in case of disagreements or non-compliance with certain policies.

In light of these concerns, many in the crypto community see cryptocurrencies, particularly decentralized stablecoins, as a viable alternative. By leveraging crypto, individuals can take control of their financial sovereignty, moving away from centralized systems and safeguarding their financial autonomy.

Although implementing fast payment systems and CBDCs seems inevitable, the crypto community has an advantage and can play a significant role in providing a secure and decentralized alternative. By staying informed and proactive, individuals can navigate the financial landscape and be better prepared for any potential crises due to these developments. 

As the world moves towards a new era of economic systems, staying educated about the evolving trends in crypto can empower individuals to retain greater control over their financial destinies. It's a journey toward financial freedom, one that requires vigilance, awareness, and an openness to exploring the possibilities of decentralized finance.


Image source: The Economist

Covid-19 Exposed The World Economy Vulnerability 

When the COVID-19 pandemic hit in March 2020, millions of people in the United States and around the world had to go into lockdown to control the spread of the virus. This significantly impacted the economy, as many businesses and industries came to a standstill. While these measures were necessary for public health, they brought about global repercussions.

The economic downturn during the early months of the pandemic was so severe that it was compared to the initial declines of the Great Depression. However, as the year progressed, the U.S. economy started to recover thanks to unprecedented stimulus measures introduced by the government. The rapid rollout of vaccinations also played a crucial role in boosting the economy.

Despite some progress, the pandemic's economic impact is far from over, especially with the emergence of new, highly contagious variants of the virus. Specific industries, like travel and hospitality, were hit hardest. Many shops and restaurants had to close their doors entirely or operate with limited capacity, leading to a significant loss of revenue. Airlines, cruise ship operators, and small businesses that relied on tourism suffered massive financial setbacks due to the disappearance of nonessential travel.

Even seemingly unrelated industries were affected by the secondary effects of social distancing. Manufacturers, especially those outside the medical field, received fewer orders as consumer spending slowed. Banks faced challenges with mortgage payments because of government-mandated forbearance rules, and oil companies saw prices plummet as everyday travel declined sharply.

Adding to the economic strain was the fear of uncertainty. Even people with stable jobs reduced their spending, anticipating potential financial aftershocks. The pandemic's widespread impact on various sectors of the economy has created ongoing challenges that continue to be felt.

The COVID-19 pandemic caused significant economic disruption, with various industries facing exceptional challenges. Though efforts have been made to recover, the situation remains dynamic, with new variants or possibly a manufactured virus posing ongoing economic threats.

When we think about the potential chaos that might come with another pandemic, it's crucial to remember the ongoing struggles many businesses and families face after the COVID-19 crisis. The pandemic has left deep scars; many people are still trying to pick up the pieces and get back on their feet. Even though we've shown resilience during this challenging time, we can't ignore that our economies and societies are fragile and can be disrupted by unexpected events.

It's only natural to feel worried and anxious when we consider the possibility of a 2025 pandemic, especially if the projections are valid. The consequences could be severe, affecting every aspect of our lives and society. The challenges we faced in the past will still linger, and new ones might arise, making things even more challenging for us.

Imagine the struggle for businesses that have only begun to recover; they could find themselves again on the brink of closing down. And think about the entrepreneurs who had big dreams and worked hard to build something innovative. They might face insurmountable obstacles, and it could feel like everything they've worked for is falling apart. It's not just the business world that will suffer; countless families' financial stability might crumble, leading to despair and uncertainty.

The impact of another pandemic wouldn't just stay within borders; it would affect the global economy and nations worldwide. It would be a burden that everyone would bear and could worsen inequalities between countries. Things like supply chains, trade, and financial markets could be thrown into chaos. Governments would struggle to find the right balance between protecting public health and keeping their economies afloat.

The effects would be widespread, crossing boundaries and affecting developed and developing nations alike. Countries already struggling with poverty and weak healthcare systems might face even more severe challenges. The pandemic could worsen existing vulnerabilities and deepen the disparities between different parts of the world. In this uncertain scenario, learning from the past and being better prepared for the future is essential.


Image source: Markethive.com

Prepare Yourself Financially

When we talk about cryptocurrency, the word "stable" may not be the first thing that comes to mind. However, it's worth acknowledging that despite its reputation for volatility, cryptocurrencies like Bitcoin are still more stable than other fiat currencies currently in circulation.

Yes, cryptocurrencies can experience significant value fluctuations on a day-to-day or even hourly basis. But interestingly, these fluctuations are not exclusive to cryptocurrencies alone. Both fiat currencies and cryptocurrencies face the risk of value changes, and sometimes, these changes can be pretty dramatic.

Throughout history, we've seen instances of severe hyperinflation, like the case of the Weimar Republic in the inter-war period. Unfortunately, these stories of extreme inflation aren't just confined to the past; they continue to pose a dangerous risk to many countries, even today, like Venezuela's case.

So, while cryptocurrencies may have ups and downs, it's essential to recognize that they aren't alone in facing the challenges of fluctuating values. Understanding the broader context of currency fluctuations can help us better navigate the ever-changing financial landscape. Despite the volatility associated with crypto, it firmly hands humans the power of financial control. 

The Federal Reserve is openly working on developing its digital currency. But here's the thing: it's not just about modernizing the financial systems; there's more to it than meets the eye. This move is part of a more extensive agenda driven by globalists to limit people's financial privacy and gain more control over their lives. They aim to keep a closer eye on your transactions and have a say in how you manage your money.

But you know what's interesting? Those who choose to accumulate cryptocurrencies are taking a different path. They're sidestepping the elite's growing obsession with controlling every aspect of their finances. By embracing cryptocurrencies, they're keeping their financial choices more private and retaining a level of independence from centralized authorities.

It's like a digital rebellion against the system. It is a way for people to protect their financial freedom and have more control over their destiny. As the world moves towards digital currencies, staying informed and understanding the implications of these changes is essential. You should keep exploring and learning about the crypto world and decide what path you want to take in this evolving financial landscape.

Being Truly Free

In the pursuit of financial freedom, we often envision a life where we no longer rely on a traditional job and have a steady income from other sources. But let's examine this conventional "financial independence" idea more closely. Even those who achieve this status might not be as independent as they think.

In reality, those labeled as "financially independent" still rely on intermediaries like banks, governments, and financial institutions to access and manage their money. They may face restrictions and limitations these middlemen impose, which can undermine their true sense of freedom. Moreover, unexpected circumstances or changes in regulations could lead to the removal of these services, leaving them vulnerable.

Now, enter the world of cryptocurrencies. This is where the concept of genuine financial freedom gains prominence. Cryptocurrencies are rooted in liberating ourselves from external dependencies and limitations. If you've ever felt frustrated by restricted access to your funds, cryptocurrencies offer a solution. In the realm of crypto, you become your own bank, empowering yourself to transact, save, and invest on your terms without interference from intermediaries.

Furthermore, cryptocurrencies can serve as a potential shield against unforeseen crises and economic upheavals. Unlike traditional financial systems, which can be heavily impacted during pandemics or economic downturns, cryptocurrencies provide an alternative avenue for safeguarding your assets and financial future.

Of course, entering the crypto world requires some research and understanding, but it opens up a realm of possibilities. With access to decentralized networks and digital assets, you gain greater flexibility and autonomy in navigating the financial landscape.

Taking control of your financial destiny through cryptocurrencies promotes self-reliance and empowerment. It's an opportunity to embrace the idea of "be your own bank" and trust your ability to navigate the ever-changing financial world and a world full of wickedness.

So, if you've ever felt restricted by traditional financial systems or scared of what may happen to your financial freedom and longed for a more liberated approach to managing your wealth, exploring cryptocurrencies could be the answer. Embrace the ethos of economic liberty that lies at the heart of crypto and pave your own path to a more empowered financial future.

It's time to trust yourself, trust the technology, and embark on a journey towards being your own bank, giving you the financial freedom you deserve. Break free and unlock the potential of financial independence through the power of crypto amidst the global crisis. As the world faces unusual challenges, understanding the forces that shape international events becomes crucial for ensuring a more informed and empowered future. If we don’t own our futures, someone else will. So, gain the capabilities to be in complete control of your time, your earning power, and your life’s path. Hurry! The clock is ticking, and things are happening so FAST.

 


 

 

About: Prince Ibenne. (Nigeria) Prince is passionate about helping people understand the crypto-verse through his easily digestible articles. He is an enthusiastic supporter of blockchain technology and cryptocurrency. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.