We are entering a new paradigm.
All over the world, people are suddenly empowered. One of the most centralized aspects of our lives, the creation of money, is now decentralized. This started with the Bitcoin White Paper 9 years ago and is only continuing. That was a turning point in history since it moved the creation of money out of the hands of a few, into the many.
This is a point I cannot stress enough.
I encounter a lot of resistance from people when I write about the Age of Abundance. Many seem to have issue with the reality of what is taking place. For some reason, they believe the establishment that is enslaving humanity is still going to prevail. The results are crystal clear to me. There is no way the establishment can stand up to blockchain and cryptocurrency.
My proclamations about there being hundreds of thousands, if not millions, of cryptocurrencies in a decade are met with the same attitude. It appears that many are seeking the one or two currencies that are going to prevail. This is not how the future will be.
Russia is hardly a country that specializes in freedom. I believe it is safe to say that Putin and his political allies wield great power over the population. They are noted for being on record for clamping down on cryptocurrency.
Yet, the epitome of the Age of Abundance happened in Putin's Russia.
What would you do if you needed funds yet the bank wanted to charge you 12% interest?
This is exactly what happened in Russia. So, a banker turned farmer created the Kolion. This was money that was created (out of thin air) in an effort to get around the banking system.
"I didn't want to suffocate and be a slave of the banks," Shlyapnikov says, putting a hand on his throat. "So I had to invent my own money. And I did it. I'm my own bank, government, regulator."
What got the Kolion on the radar of the Russian authorities is that it was paper money. This led to it being banned in 2015. That ban led it to be released as a cryptocurrency in 2017.
"We now have about $2 million in kolions because its value has jumped since the ICO," Shlyapnikov says, adding that the currency is backed by a reserve of 500 bitcoins (worth roughly $3.7 million at current prices.)
"This way we can attract real money into the business," and connect the cryptocurrency with the real economy, he added.
Can you imagine having a $500,000 (the amount of the ICO) as a bank loan at 12% interest?
Now Shlyapnikov and other enthusiasts are touting cryptocurrency as a way to insulate themselves from Russia's financial system.
http://money.cnn.com/2018/06/04/technology/russia-cryptocurrency-farmer-kolion/index.html
This is a story we see repeated all over the world. The one-two combination of the banks and the government serve to keep humanity starving and controlled. The fact that the only access to money is in the form of debt (for most people) only makes them further beholden to the system.
Here is one farmer in Mother Russia who was able to free about 100 merchants from the legal tender of that country while also releasing them from the bonds of the bankers.
Can you see this same thing being done all over the world?
Obviously, the Kolion is not going to be a top 100 token on any exchange. It is, however, the main currency for those 100 merchants in that one town.
What is interesting about people who scoff at the world of cryptocurrency is they are always pointing to the fact that it has no "value". The Ruble lost 1/2 its value since the west sanctioned that country. Yet people still believe that fiat has inherent value and crypto none.
This farmer's story is an example of the power that is now available to people all over the world. Anyone can do something similar to avoid becoming further enslaved by the banker system. Humanity's creativity is being unleashed as people get the tools in their hands. Cryptocurrency is a tool that is going to enable billions to break free from the scarcity-based monetary system the bankers established for us.
We are also going to see huge productivity gains. Again, the Kolion provides a valuable lesson. By having the resources to buy equipment, without the use of debt, they are more productive on their farms. Without the cryptocurrency, the farmers either would go without the equipment (most likely choice) and operate by hand or have to give a large portion of their years production to the bank in the form of interest.
This is why many disciplines consider usury to be evil. It literally enslaves.
The Age of Abundance is free of usury. It is about freedom. This means a system outside the hands of the bankers which saddle people with debt. It is a place where people actually can operate and keep what they create.
For a farmer in Russia, this system is called cryptocurrency.
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