Crypto currancies, Big media manipulation, and other forms of control

 I know nothing about crypto currancies except that some countries have banned them, and apparantly a lot of countries worry about fraud and criminals and the ability of ordinary citizens to do money stuff where the gov't can spy on them. So a lot of countries are planning to stop private crypto currancies and have their central banks issue their own

From the UKGuardian:(Nov 2021):

The Indian government is preparing to ban private cryptocurrencies and allow the country’s central bank to launch an official digital currency.

The proposed legislation follows a crackdown on cryptocurrencies in China, where financial regulators and the central bank have made all digital currency transactions illegal.

UKGuardian article from last year (Sept 2021) about China's moves:

so could the yanks be far behind? Biden is looking into doing the same thing.(March 2022) presumably by executive order, since one doubts Congress would survive if people recognized the privacy implications of a digital curracny where your money can be tracked (and maybe in the future be linked to the ability to limit your money use if your social credit number is low).

All of this is about billions of illicit money stuff that goes on all the time despite laws: if caught, the banks shrug and pay the fine (which is a pittance compared to their profit for looking the other way) but of course few bankers go to jail.

CoreyDigs has a long article with links about the background to what is going on and tries to find links and connect the dots.

In the meanwhile, China and Russia are trying to partner with other countries to make an alternative to the US dollar for international trade.

AlJ report on the BRICS summit.

so what does this mean for you? 

I have no idea: as Bones would say: I'm a doctor, not an international financier.

But one does wonder if this will survive, given reports of China staying in covid shutdown, floods in China, over investment in ghost cities, and bank runs.

But it might mean China will be able to put more pressure on the Philippine so they can steal our asseets (petroleum, fish) and the ability to block the sea lanes in the West Philippine sea.

BongBong is being inaugurated today and big crowds of supporters and anti BBM demonstrators will be in Manila...(and we have a rice delivery in the Manila suburbs so security checks might delay our drivers delivering to the suburban Manila markets).

The US is doing their best to undermine him of course: he still has all that lovely money stolen from Yamashita's gold the Philippine people by his father. But a lot of folks just shrug, and like my husband, say: They're all crooks. And before you cast stones at the Philippines, maybe ask how all those folks in the US Congress became millionaires on their small gov't salary...

Another big kerfuffle today in the Philippines is that the courts might finally shut down the CIA  Omidyar funded news site Rappler because the law of the Philippines forbids foreign ownership of media companies.

Rappler can still go to the Court of Appeals (CA), which earlier upheld the original 2018 SEC revocation order, but remanded the case to the SEC to reevaluate the order as the involved foreign investor, Omidyar Network Fund, had donated on Feb. 28, 2018, the Philippine depositary receipts (PDRs) to Rappler to “cure” the defect found by the SEC.

This will be labled a war on the press (duh: big deal. Set up this English language press site on a different server)...this will not stop the news from getting out on private vlogs, but a lot of these are run by pro china bots, but never mind.

Something to remember about Omidyar: it was his funding of the media that helped overethrow the pro Russian president of the Ukraine (elected legally but maybe with massive fraud) and put in an anti Russian president who was very very corrupt, but pro American

Oliver Stone actually made a film about this,

more information on the Omidyar network fromThe Grey Zone: Rappler was not established just to try to destroy Duterte, but an experiment on how to track and manipulate people.

From the Rappler archive (2013):

Using a patented user engagement model and a community mapping data analytics tool, Rappler tracks how stories and emotions move through its community. It starts with a mood meter on every story, an effort to capture non-rational reactions. Developed with psychologists and sociologists, the mood meter is based on research that shows up to 80% of how people make decisions in their lives is not about what they think but how they feel. Every vote on the mood meter is aggregated by the mood navigator in the middle of the home page, a novel way of navigating a news site.

Big sister is watching you.

one problem: Rappler is in English, so doen't monitor the grass roots, only the netcitizens. And it was not the affluent English fluent netcitizens who elected BBM: It was the working class and poor, who remember how they had jobs when his father ran the Philippines.

But I didn't know Rappler was tracking me when I read articles on their website. 

Hmm:

But what if the major net outlets in the first world start doing this on their readers?

facebook already does this and offers this information to your business.

more about this on Wired.

now, if you really want to be paranoid, link this spying on what you read with a social credit system like they have in China, and guess what happens?

Mark of the beast, anyone?