Universe Provides

Reggie Middleton and Currency Wars, continuation of my War Series

Opportunity or Failure to Thrive. It is up to us…

We are at war on many fronts as I reported in my earlier post. I didn’t discuss this front in my previous post, but this is the most important battle, the one we must win if we value freedom. What battle is that you may ask? The battle over what we will use as currency following the inevitable collapse of fiat currencies.

Jim Ricards wrote Currency Wars: The making of the Next Global Crisis. Jim’s book was about the competition between international sovereigns and their fiat currencies, and the role of gold, and the potential for gold’s confiscation.

We certainly have currency wars going on. They have elevated to the level of the BRICS+ vs the G7 and the waning petrodollar. The BRICS+ are on the rise and central banks are buying gold. Sanctions against Iran and Russia and others are examples of currency warfare. Because the US dollar is the world reserve currency, this gives the U.S. immense power, power backed up by the U.S. military. Saddam Hussein and Muammar Qaddafi are victims of the U.S. military enforcing the use of the dollar. Hussein was using the Euro for sales of Iraqi oil, and Qaddafi was in the process of implementing a gold dinar. These digressions against the dollar are not allowed and both leaders paid the ultimate price for their transgressions.

Zimbabwe recently announced that it will be backing its new currency, the ZiG, with gold. If this gold-backed strategy becomes successful, expect other countries to follow suit. Zimbabwe has also expressed interest in joining the BRICS+. The majority of the world’s population belongs to the BRICS+ nations, and the U.S. military does not have the power to go against the rest of the world. Lacking the power for a military solution to this threat against the dollar, the U.S. and its allies will have to resort to diplomacy. Diplomacy for the U.S. is a lost art as diplomacy was not necessary when the military was strong enough to enforce the will of the U.S. Arrogance is not an effective diplomatic tactic when dealing with military peers. We will see if the U.S. can adapt.

We have another currency war going on that few are aware of, or talking about. It is a war being fought in the courts against Reggie Middleton and his patents for peer-to-peer capital markets. This war isn’t just against Reggie Middleton, but he is the one taking the slings and arrows for all of us. We are all victims in this war, and if we lose the war, we will all be negatively impacted. We will be enslaved by those who have the power of the major currency. This is no different than what we have today.

Reggie saw an opportunity in Bitcoin for fairness in the currency-transaction marketplace. His idea is to use crypto currencies in such a way as to make peer-to-peer transactions free from the need for, or control by regulators. The word that has been coined for Bitcoin transactions is “trustless,” meaning that it is not necessary to “trust” that transactions will complete as intended. Therefore it is not necessary to use an intermediary (bank), or have regulators “guarantee” transaction integrity. In the case of Bitcoin, all the Bitcoin miners verify and validate Bitcoin transactions using distributed-ledger technology. Invalid transactions do not complete, they are revealed and rejected by the mining operation. For the first time in history we have the potential to adopt a currency that we can call our own. Bitcoin does not have the image of some despot printed on paper. Nor does it carry the words Federal Reserve Note as the dollars in your wallet do. Federal Reserve Notes are instruments of debt (credit). Bitcoin, kind of like gold, is mined into existence and is backed by the energy consumption of the miners; Bitcoin is not debt-based.

Interview with Reggie.

Discussion about Reggie's patents.

What few of us understand is that all wars are bankers wars. Bankers and the weapons manufacturers they fund, are the major beneficiaries of war. They make huge sums of money, and we spill our blood for their (the big club's) benefit.

I borrowed the title for this post from Clif High, who uses the phrase “universe provides” often. You can replace Universe with God if you prefer. The point is that we have been provided with an alternative to fiat currency slavery. Bitcoin and its proof-of-work technology give us the means to take our power back. Reggie Middleton is on the front line of this currency war. He is fighting for our souls. He is trying to maintain control of his patents so the banksters don’t steal them from him. This is the ultimate David vs Goliath struggle. A battle we can’t afford to lose lest we lose our humanity. As I said at the outset of this article, it is “up to us.” Either we join the fight for freedom of currency, or risk surrendering our freedom to The Big Club.

It is impossible to win a war when we don’t understand who the enemy is. In our ignorance, we may unwittingly support the enemy who would enslave us with Central Bank Digital Currency, or CBDC. If the banksters are able to steal Reggie’s patents, they will most definitely use them against us. Our only viable tactic is to spread awareness. If we fight for Reggie, we fight for our own souls. Universe has provided us with this moment and the means to fight back with patented peer-to-peer capital markets. Please share this post to help spread awareness.

Those who want to follow the battle can subscribe to the Veritaseum Telegram Channel, and follow Reggie on X. Also here is a link to Reggie Middleton's Linktree.