WITH CATHERINE AND JOHN TITUS
Comments are closed.
Our mission is to help you live a free and inspired life. This includes building wealth in ways that build real wealth in the wider economy. We believe that personal and family wealth is a critical ingredient of both individual freedom and community. health and well-being.
Nothing on The Solari Report should be taken as individual investment, legal, or medical advice. Anyone seeking investment, legal, medical, or other professional advice for his or her personal situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate strategy.
Be the first to know about new articles, series and events.
No products in the cart.
UCC amendments and new Article 12 have been approved, they now move to state legislatures. Permanently establishes blockchain in U.S. law as “controllable electronic records”. Note the term CONTROL-lable. Defines new rules for perfecting some digital assets — please recall CAF statements about the connection between slavery and perfection of collateral.
https://www.clearygottlieb.com/news-and-insights/publication-listing/ucc-digital-asset-amendments-finalized
“This month, the sponsors of the Uniform Commercial Code (“UCC”) approved wide-ranging amendments to the UCC (the “2022 UCC Amendments”)[1] to provide workable rules for emerging technologies, such as distributed ledger technology and virtual currency.
… In addition, the 2022 UCC Amendments make changes to the definition of money to ensure carve outs from the scope of that definition for Bitcoin and other virtual currencies that are subsequently designated as legal tender by a government. Moreover, the amendments create a new concept of “electronic money” that benefits from the same negotiability and control perfection mechanism as controllable electronic records.”
https://www.wolterskluwer.com/en/expert-insights/perfecting-a-security-interest-in-digital-assets
“The laws also define control. Under the UCC draft amendments, for example, control occurs when a person has (1) the power to enjoy substantially all of the benefits of the CER, (2) the exclusive power to prevent others from enjoying substantially all of the benefits of the CER, and (3) the exclusive power to transfer control of the CER.”
CER = blockchain asset.
“reality is interfering with the plan” good one
re British planes grounded
Several years ago it was 122 in Phoenix. Planes were grounded. Yes, the tarmac and cement were soft and/or hot, respectively, but major reason was with that heat, the air molecules are less dense. Liftoff is affected, critically.
What is ESG
https://en.wikipedia.org/wiki/Environmental,_social,_and_corporate_governance
Ok fine… call it “people” if your uncofortable with a highly intelligent collective force that binds us all together,,, everywhere they have tried to enforce their policies “people” have came together and said no.
That aint gonna stop… (that is just gonna get bigger) there system is just gonna keep coming undone from the inside out (it’s not to build a bigger badder system) it’s just coming undone… sometimes a duck is just a duck. It’s already passed the tipping point. Who knows what comes next… it;s not tyranny ( I can asure you of that)… it is whatever comes from all the b*llshit collapsing…
Why… why would the world put Greg Hunter and you and his guests and Clif High and Ed Dowd and Alex Jones and me (ranting on your station) why would any of this happen. Money is fine to watch (it’s not the real power) the Divine is the thing to watch. It’s moving in the world more prevelant than in my entire lifetime. For every place you see the “powers that be” try to go I have watched the Divine take it away from them over and over again…Watch a little bit more, and tell me I am wrong. Still love your work. J
So if 1600 of my colleagues are saying blockchain is not trustworthy then I have to fall in line and I am okay with that, but to say that the people who created blockchain are not trustworthy. What is the assumption here about who created the technology? As far as I know, my colleagues in the field of computer science and cryptography created it as far as I know, so every software engineer is not trustworthy now?
We don’t write perfect software and basically what 1600 engineers have said is we studied it and we have concluded this thing has vulnerabilities, its not what you think and that transactions are not reversible…well, that piece I already knew, its why as a software engineer I always thought twice before loading up on crypto as an investment. I had a chance to make some money on Bitcoin but I didn’t because of the above and also because if something is not in my hands, that I can touch, then its not an investment I like. You can see and touch land, you can see and touch gold and silver, you can see and touch guns.
I am okay with writing abstractions for better applications, but when it comes to my money, yeah, I think twice about it.
Anyway, this is good that my colleagues in software came out with this because this will serve as a dent in the armor of CBDCs.
> if 1600 of my colleagues are saying blockchain is not trustworthy
Data mining exercise: cross-reference these names against their prior statements about BLM or other hot-button topics. Is the list statistically representative of the general population, or a specific subset? If the latter, “why now” to state the obvious? Is their blockchain posture consistent with their positions on other topics?