The Bankers’ Kryptonite

You Are Here:The Bankers’ Kryptonite

Superman’s ability to protect citizens from evil-doers earned him the respect and admiration of dreamers world-wide. But even he had his weaknesses, the most obvious of which was the substance known as Kryptonite. Whenever the green hued rock was near, Superman’s power waned.

To some, the bankers of the world today may seem like heroes – they hold all of our money for us safely in their vaults, let us spend our own money through their low-fee financial services, and even lend us money in our time of need, provided we qualify and agree to their terms. Yet, to others, bankers are increasingly seen as the villains, of whom the founding fathers of America had warned.

Whether you currently view today’s banking elite as heroes or villains, there can be no doubt they wield great power in the world. They have the power to control the money supplied to ordinary citizens, intra, and international corporations, local and even sovereign national governments.  It is evident that this power to control so many facets of our life today has been growing over the decades and getting ever stronger.

When someone first recognizes the power of the banker and gets their first glimpse of what they might do, or indeed have done already, they’re forgiven if the first emotion they feel is anger.  Sometimes, men who’ve witnessed these powers try to warn the public, for example during President Eisenhower’s farewell address when he discussed the ramifications of a growing “Military Industrial Complex.”

 

But while mortal men continue to be easily persuaded by characters like Mephistopheles to make Faustian deals with devils, the bankers’ empire grows stronger.  So what are we to do?  How can we regain some of the bankers’ power and lesson the control they wield over our lives, our families, our world?

Money!

Money is at the root of all the evil, as it’s been said many times, but rarely understood. Yes, we all seem to need more and more of it each day just to survive, and in some cases subsist in what the main-stream media calls a “strong economy.” But what is money, and more importantly, where does it come from?

Generally speaking, money is a tool used for exchange and should be a store of value.  Learning and understanding how our banking system has been set up and how it operates today should shed some light on why we’ve been losing our freedoms and allowing the bankers to control our lives. More importantly, it gives some direction to what can be done to regain what we’ve been losing.

Subjects to investigate include:

How the Federal Reserve was created and launched in 1913

How the Federal Reserve System works

How the value of the US Dollar has been stripped of its integrity

Fractional Reserve Banking

After even a modest review of this material, it starts to become apparent that the reason the bankers have all the power in the world is because they’re able to print up as much money as they want, whenever they want and lend it to the rest of us.  We’re living in a debt-based society that the bankers control and everyone else are mere slaves.

But what if they couldn’t print money?

Crypto-currencies on decentralized blockchains CANNOT be printed at the whims of ANYONE. Each crypto-currency or token resides on their chosen blockchain technology and each has their own specified limit as to how much currency can ever be created.  The currency supply does increase over time, but at a rate that is pre-determined and mathematically fixed, according to the software that drives the respective blockchains. Furthermore, when the currency is increased, it goes directly to the decentralized server community, discussed below, as a reward for the work done to process transactions. Such restricted systems are better suited to guarantee that the value of the currency remains intact, as opposed to the bankers’ use of inflationary & deflationary methods to control the money supply.

Each transaction on the blockchain has been cryptographically verified and is permanently cemented on the blockchain for anyone to witness*. There are no third parties involved in transactions between two entities making a trade transaction on the blockchain. The sender sends a cryptographically signed transaction, which lists the receiver and the amount of funds transferred. A community of decentralized computer servers begin operations to include the transaction within the blockchain. Once the transaction has become part of the blockchain, the receiver can verify he’s received the funds in his wallet.

Such transactions are already being executed on these blockchains every day, though most of the activity is done via crypto-exchanges, where the currencies are traded like stocks in exchange for fiat currency. Given everything discussed so far, doesn’t it seem a bit strange for crypto-currency holders to desire fiat in trade for their cryptos?

But what if people used these crypto-currencies as money – buying and selling goods and services in exchange for crypto-currencies? Everything is already in place for anyone with a crypto-currency wallet to send their currency to another’s wallet. Once that starts to happen on a larger scale, the bankers will lose their power!  Everyone will become their own bank, controlling their own money in their own wallets, completely bypassing the current banking system.

Crypto-currencies are the bankers’ Kryptonite!

 

*Note: Some blockchains like EOS currently allow reversal and removal of block transactions as if they never happened. But this is an example of a centralized blockchain, where a certain circle of power maintains control over the system. Sound familiar?  This is why most of the crypto-currency players raise their voices in favor of decentralized blockchain solutions, where it is extremely difficult for any one player to gain control (though theoretically possible, given the right conditions).

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