A few days ago, Americans were suddenly advised by the state-controlled puppets who masquerade as journalists, that they’d better rush to the gas pumps and fill their tanks. According to the never truthful state, our largest gasoline pipeline was “hacked,” which cut off the gasoline supply. Shockingly, the state suspected the Russians.
Much as I used to cringe whenever some event was attributed to “terrorists,” I cringe when something is blamed on “hackers.” This term is bandied about, without any context or analysis. First, how would the “Russians” have “hacked” into our gas pipeline? By watching all those dramas and super hero tales, where a computer guru is able to hit a few keys on a computer and “hack” into pretty much any building or system in the world? Is the gasoline delivered, and the tanks filled, exclusively via online key strokes? Is there no human oversight or control over such a nefarious, long distance “hack?” No emergency manual override?
In my view, this “hack” is about as likely as the more infamous “hack” falsely blamed on the Russians; of leaking damaging emails from the Queen of Corruption, to deny America the glory of a Hillary Clinton presidency. But I guess if millions of eligible voters bought that one, they certainly aren’t going to question this.
Whatever caused it, the long lines of panicked motorists are very real. And just another annoying aspect of living in the world’s wealthiest Banana Republic. As always, the oil companies and individual gas stations wasted no time in outrageous price gouging. Never let a good crisis go to waste, to quote wannabe mobster and long time Democratic Party crime boss Rahm Emmanuel. It is frightening to consider how most people in this country would react to food shortages. And that is a very real possibility in the near future.
What’s next? Rolling power outages, as have already been seen in the Third World state formerly known as California? Considering how many Americans are clinging to their double and triple masks, reporting “social distancing” violations to the authorities, and rejoicing over getting their second untested vaccine shot, to “protect” them from a virus with a more than 99% survival rate, do we really think they’ll bat at eye at losing power regularly?
All this is happening while the Middle East heats up yet again. Will the Israeli-first neocons in positions of power here finally get their long-desired war with Iran? And the entire mess is being presided over by a president who seems more mentally challenged every day. Whatever Joe Biden is suffering from- dementia, Alzheimer’s- it isn’t going to get better. His speech the other day was difficult to watch. It is a testament to the enduring power of Trump Derangement Syndrome that the entire establishment refuses to acknowledge his very obvious deficiencies.
With the millions thrown out of work by the forced shutdown of untold numbers of small businesses, young people especially are looking for creative ways to make money. Cryptocurrency is probably the most popular method, especially after Bitcoin made millionaires, and even billionaires out of clever early investors. I started dipping into Crypto myself recently, at the behest of my children, who’ve done much better with it than I have. Dogecoin was the hottest new commodity, with those purchasing it at rock bottom prices hoping for a repeat of the Bitcoin phenomenon.
Dogecoin was being promoted by some big names; Snoop Dogg, Mark Cuban, and Elon Musk. When Musk hosted Saturday Night Live recently, expectations were through the roof. It certainly seemed logical to bet that his appearance, with presumably at least a positive mention of the cryptocurrency, would send the value soaring. Instead, Dogecoin, and all other crypto, including Bitcoin, sunk dramatically after his appearance. It wasn’t unreasonable to wonder if Musk and his elite friends had found a way to manipulate crypto, in the manner they’ve long manipulated the stock market.
All doubts regarding this vanished when Musk abruptly announced he would no longer accept Bitcoin as a currency to purchase his Tesla automobiles. The supposed billionaire renegade sounded much like Greta Thunberg or Al Gore, as he expressed concern about the way Bitcoin is mined using fossil fuels. In short, Climate Change. You know, the same way that “racist” highways impact the climate. Now, I don’t pretend to understand how cryptocurrency works. It’s my understanding that Bitcoin is strictly digital in nature. So exactly how do you “mine” digital currency?
Musk threw in concerns about the electricity generated from crypto transactions. As one unquestioning story on his comments put it, “bitcoin is virtual and not made from paper or plastic, or even metal. Bitcoin is virtual but power-hungry as it is created using high-powered computers around the globe.” Considering that most people now pay bills, buy stock, and conduct other business exclusively online, wouldn’t all those transactions impact the “environment” just as significantly? Or could the “conspiracy theorist” in me suspect that the One Percent is upset at the unwashed masses of Bitcoin tycoons, and wants to prevent unwashed Dogecoin tycoons?
A few months back, one of the most popular platforms selling cryptocurrency, Robinhood, stopped a consortium led by ambitious gamers from buying any more Game Stock shares. Organized around Reddit users, the young people had created a boom, and Wall Street doesn’t allow outsiders to do that. So the stock was frozen. Day trading and quick riches are for the boys in the boardrooms, not the boys forced by financial necessity to be living in their parents’ basements. The hedge fund parasites don’t like being beaten at their own rigged game.
Meanwhile, in Arizona, Republicans actually managed to pull off a recount of the obviously fraudulent presidential vote. Why they are doing this months after the election, when the results won’t matter, is something only they can explain. Trying to find the truth about that recount is very difficult, given that all search engines now are absolutely controlled by Google’s establishment-friendly algorithm, and no mainstream outlets are ever going to report that our corrupt election officials rigged the vote. Alternative outlets claim evidence of massive fraud, but already some Stupid Party officials have backed down, as they invariably do. They were demanding an audit of the servers involved, but now aren’t. And one of those Stupid Party leaders who supported the audit is now publicly expressing his regrets, to the universal delight of the state controlled media.
So here we are, forced to endure maddening lines for gasoline. Having one possible outlet towards financial security on the way to being conquered by our counterfeit banking system. Knowing that there is no point in participating in elections where the votes aren’t going to be honestly counted. Misruled by the most motley group of villains ever assembled between borders. Prepping for more 1984-style shortages, and absorbing more Orwellian proclamations from the Inner Party. All that’s missing are the Big Brother posters.
As Truman’s Secretary of Defense James Forrestal once told Sen. Joe McCarthy, if there wasn’t some kind of huge organized conspiracy, once in a while, they’d make a mistake in our favor. Occasionally, someone decent and honest would rise to power. Forrestal was pushed out of an upper-story window at Bethesda Naval Hospital (laughably claimed to be a suicide), and McCarthy would die there as well a few years later, at only forty nine, after being admitted for a knee injury.
Much as creation proves a creator, the overt conspiratorial manner in which our corrupt and incompetent leaders do business prove conspirators. Can it be coincidence that “it’s always something,” to quote the late Gilda Radner’s Rosanne Rosanna Danna character? The majority of people never see their lives bettered, either financially or even aesthetically in the form of modern infrastructure. Instead, “something” always happens to throw an extra burden, an extra level of stress on them. Gas shortages. Rolling blackouts. And continuous wars.
If there was the least bit of randomness involved here, things would occasionally improve for everyone. They never do. Eradicating all those fevers, consumption, polio, etc., which used to kill people, occurred just as cancer, virtually unknown prior to 1900, exploded upon the scene. If they ever “cure” cancer, you can bet another nasty disease will be waiting in the wings. Liberating women from household drudgery didn’t result in married couples doubling their income. On the contrary, they fell behind as everyone but the top tier was effectively paid less.
Donald Trump’s best statement during his revolutionary campaign was “it’s a rigged system, and you don’t trust those who rigged it to fix it.” Yet with that rigged system closed to real outsiders, we have to do just that. Martin Luther King liked to invoke James Russell Lowell’s quote, “Truth forever on the scaffold, wrong forever on the throne.” But MLK added the hopeful line, “Truth, though crushed to earth, shall rise again.”
Truth may not always be on the scaffold, but wrong is undeniably always in power. Until more people understand this than don’t, nothing will change in this once great, totally collapsing country.
Regarding your question about mining Bitcoin, I don’t exactly understand all of the details, but “mining” is the process of bringing new Bitcoins into existence. It is done by processing extremely long and convoluted computer algorithms (sometimes referred to as solving math problems) that need to be performed to track and verify all of the Bitcoin transactions. This has to be done by multiple independent computers to verify accuracy and prevent counterfeiting. The results of this tracking and verification are logged in what is called the Blockchain. The owners of the computers that are the first (or otherwise predominantly successful) to update the blockchain are rewarded with new Bitcoins (or actually a fraction of a Bitcoin), thus the total number of Bitcoins in existence continues to grow. However, theoretically there is a limit to the total number of Bitcoins that can ever be brought into existence. But I have never heard a good explanation of what incentive the computer owners will have to continue maintaining the blockchain once that limit is reached (which I think is projected to be about 10-15 years from now). The blockchain is separate and distinct from Bitcoin, but most people, including many Bitcoin fans and owners, don’t understand the distinction. The whole process is very power intensive. The most successful miners have dozens or hundreds of interconnected computers. The electrical power consumed by all of the computers maintaining the blockchain is greater than that consumed by Norway.
I am not a fan of cryptocurrencies for many reasons, the main one being that they have an intrinsic value of zero, and most or all of them will eventually achieve that value, or close to it. If the electrical grid ever goes down indefinitely, which is a very real possibility, they will reach that intrinsic value instantaneously. (Federal Reserve Notes also have zero intrinsic value, but their use is mandated by law. Cryptocurrencies are not mandated by law, and may eventually be prohibited or heavily regulated by law.) Peter Schiff periodically discusses Bitcoin and cryptocurrencies in general. He explains their problems very well, better than I can. It is true that some people were lucky, or smart enough to anticipate the Bitcoin bubble, and have made a lot of money on Bitcoin. But if they don’t sell while they are ahead they are going to lose that money when the bubble collapses. Even if there is a need for some cryptocurrencies to exist indefinitely, there is no inherent reason Bitcoin needs to survive. There are literally thousands of cryptocurrencies in existence already. The only advantage that Bitcoin has over most of the others is that it was the first, or one of the first, but that will mean little in the long run. Bitcoin’s value is almost exclusively determined by faith. When that faith dissipates, which can happen from something as innocuous as a tweet, Bitcoin will collapse.
Why, bc the US has spent the last 120 years trying to undo the Russian Revolution & succeeded in 1989. For the last 31 years the US has been trying, once & for all, to surround Russia & China to achieve nuclear 1st strike capability & force the Russian & Chinese economies back into the control of Wall Street that was lost in 1917 & 1948. If we would stop expanding NATO to the Russian border & take control of the seas on China’s east coast the hacking & election interference would stop. The Russians won WWII & if they hadn’t we would be living under a Chancellor Trump for the last 30+ years.