Blockchain 7.3 Integrated Ecology through SOCIOCRYPTONEERING combines the first ever created economics of value chain within the system of conflict pyramidal structure and conflict transformation and management. (More details by private website!)

Hello, it's a pleasure to have an opportunity to meet you and we'd be honored to have you join us.

I'm Rey So-ong, Convenor Founder of Blockchain 7.3 Sociocryptoneering.

Thank you for your attention!

The world is currently going through a digital transformation.

We're still in the earliest stages of the fourth industrial revolution.

The 1st 3 revolutions were:

#1. Steam powered Industrial age

#2. Electrical power Industrial age

#3. Computer processing into the digital age

#4. The fourth is a convergence or a combining of all known physical, technological, and biological advancements progressing in an unpredictable and exponential rate of speed and time.

(Meaning technology will soon be advancing at a rate of speed so fast that it surpasses beyond the capacity for humans to keep up within a short period of time. We have about a decade window of opportunity before our situation gets more difficult to resolve!).

Our Blockchain global team is currently in the process of redeveloping the internet of us, with anyone willing to join us in order to make sure humans remain at the center or focus within this transformation!

So, we need your help and support to keep these things the top most confidential and shall remain so along this journey.

Each and every person living right now, cares about their self interest more than any corporation, government, or anyone else!

Not only do we want the privilege to teach the world what the fourth industrial revolution means to you individually, together we'll build the platform for you, by you, and of you!

We don't have all of the answers to the world's most challenging problems, but together we'll humanize technology to empower all people and construct the pathways to the solutions we're all needing the soonest possible time unlike any other idea.

How do we plan on making this happen?

By us all coming together first, building a coalition of every day people, then advocating for your privacy and data ownership rights!

This brings us to our why!

********************************** The Vision

The Map************************************

Our Why is the reason people are joining us from around the world and this message is resonating with individuals from all walks of life.

(Visit our Facebook page to view our full Vision Map)

One of our supporters said it perfectly!

“We might not have it all together, but together we have it all!”

We need your help and support to keep these things top secret of all things and shall remain so!

Visit FB page for details.

facebook.com/OneWorldGovs

facebook.com/OneWorldGovernments

And comply all requirements if you’re interested in joining us with the empowered 300 Chief Executive Officers.

More blessings.

More love.

BLOCKCHAIN 7.3 SOCIOCRYPYONEERING SYSTEMS Founding Convenor

In collaboration with BEDECO)

(DO NOT SHARE IN PUBLIC GROUPS!)

FYI:

Created through (...B7.3) is a world in which everyone is connected, and everything is known only through consent of the users.

This world will be brought about by the growing Internet of Things, which connects between every - 'thing'.

Every item, every object.

From the floor under your feet that counts how many people have walked over it today, to the cement brick in the nearby bridge that senses when the structure is about to fail. Your mirror is also connected to the internet, as is your toothbrush and your comb and yes, your clothes are all sending data about what's happening to you every minute and every second of the day.

The Internet of Things is becoming a reality show because of the incredible leaps forward in technology.

The cost of sensors has gone down by 40% over the last ten years, while the costs of bandwidth and processing have gone down by 4,000% and 6,000% respectively over the same period of time.

By the year 2022 - just four years ahead - there are expected to be 28 billion 'things' connected to the Internet, and the number is only expected to grow larger after that.

In the Internet of Things era, all Big Data of governments, private companies, NGOs and any other groups transactions like project monitoring, reporting, answering and checking school examinations, salary receipts and everything in the physical world can be recorded, uploaded to distributed ledger technology as data and analyzed by computers.

Everyone, will be enabled to control their data, privacy and lives.

Everything you do can be analyzed, quantified and catalogued if that is your choice.

“THE NEW CHINA AND THE BIG DATA UNIVERSITY”

Mandatory readings, click here to continue.

The world’s Finance sector and industry is probably the most rigid industry there is. And for good reason, because of the high stakes. Another reason that the financial industry and sector have been so rigid is because of the lack thereof another viable option. But over the last decade, that has changed.

The blockchain is well-equipped and poised to take over the financial industry’s load and there are people all over the world pushing for this change. The blockchain is a highly disruptive technology because in order to promote large scale adoption of it, it is imperative for companies to throw out their old systems.

But with all of this talk of the blockchain taking over the financial industry and sector, there are still many problems and services that the cryptocurrency market does not provide to its community. That the market will have to start providing if it is in any idea of rebuilding the finance sector. One of these problems of the cryptocurrency industry is the lack thereof options to take loans.

This is something that the team at Sociocryptoneering is about to change.

Their solution for instant loans against cryptocurrency holdings is filling one of the cryptocurrency market and the blockchain industry’s biggest voids.

BMT TAN is a cryptocurrency project that is powered by Etherium Ecosystem with SWIFT and CIPS. P2P Cash is award winning at Harvard that is providing finance services to people all across the globe for the past decade. P2P Cash has a lot of strong partnerships and a team that has a lot of experience in the Financial Sector and Telecommunication Industry.

The idea and problem that BMT is solving is essentially, the really low liquidity speeds and troubles that the cryptocurrency owner faces. The identity and build of most of the cryptocurrencies in the market right now are designed in such a way that make them very idle and unincluded in the investors day-to-day. Because of which both the investor and the market is affected. The investor because he/she cannot make instant buys and decisions based on the market fluctuations and the market because it is handicapping itself by not cashing in on such opportunities.

The BMT platform is looking to solve the following problems with its product and interface:

Idle Value of Assets

The only way to make fiat money off your cryptocurrency investments, right now, is by selling. In order to change that BMT is already implementing with BEDECO, SENCOP, ISOCS, SMC, OWGs planning to simply unlock the potential that these investments have by providing loans based on the cryptocurrency assets that an individual holds.

Slow Liquidation Process

A problem that all cryptocurrencies across the market face is the liquidation speeds it has. They are very slow and the process is cumbersome because of the platforms and exchanges we use. The work around that BMT TAN has found for this problem is the allotment and issuing of fiat currencies (USD, CNY, PHP, GBP, JPY, etc) immediately by staking the cryptocurrency as collateral.

Loss of Ownership

When the holder of a cryptocurrency sells it because he/she is in dire need of money, they are opting out of the future price hikes that the coin is likely to see. They are forgoing the potential that the coin may have because of pressing requirement for fiat. This is solved by BMT TAN by holding the digital asset and giving money in exchange and returning the digital asset when the money is repaid.

Transaction Fees

The process of liquidating digital assets is taken out on a platform or an exchange. Most exchanges ask for exorbhitant amounts in transaction fees. Which essentially carves out of your holding. The BMT TAN platform and wallet have no transaction fee whatsoever, the only money the make is the small margin of interest that is imposed on all the loans.

Lack of Trust

The cryptocurrency market is a largely trustless environment. It has been the butt of a lot of hacks, scams and schemes and the average participant needs to be vary of this.

In order to establish an enforced amount of trust in the system, the CEOs of Sociocryptoneering are already in cooperation with global team harnessing the potential of the smart contract system of Blockchain 7.3.

More details click here.

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3. SUBMIT THE REGISTERED ENTRY, WHILE THE REGISTRATION IS ON-GOING JUMP TO 3RD TAB.

4. SEE WITHIN 30 MINUTES WHAT YOUR OUTCOME IS.

ONE ECP TRANSACTION 20 SECONDS REGISTERED

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Hereunder Initial Training only and does not guarantee money before Phase 1 Initial Pooling of CEOs

TRAINING 102

URL:

http://bit.ly/GlobalTraining102

SOFTWARE:

http://bit.ly/GlobalTrainingSoftware

URGENT COMPLIANCE FOR ALL CEOs

TRAINING 101

FREE FREE ….FREE!

TRICKS TO REGISTER FAST IN ECP USING DESKTOP PC OR LAPTOP ONLY

1. OPEN UP TO CREATE 10 TABS

2. PASTE THE ECP (URL) REFERRAL LINK

3. POINT CURSOR IN FIRST NAME TAB THEN REGISTER IT, EVEN IF THE REGISTRATION IS ON-GOING, MOVE TO THE 2ND TAB.

3. SUBMIT THE REGISTERED ENTRY, WHILE THE REGISTRATION IS ON-GOING JUMP TO 3RD TAB.

4. SEE WITHIN 30 MINUTES WHAT YOUR OUTCOME IS.

ONE ECP TRANSACTION 20 SECONDS REGISTERED

150 REGISTRATION PER HOUR.

1500 REGISTRATION IN 8 HOURS.

NOTA BENE:

[1500 × 500 = 750,000$ DAILY INCOME]

Sign up http://bit.ly/GlobalTraining102

MOBILE REGISTRATION TRICKS

USE:

First Name: RBE

Last Name: COIN

Use email format for all accounts: RBE@YOPMAIL.COM

USERNAME

*

rbecoin1

rbecoin2

rbecoin3

rbecoin4 etc etc

ONE PASSWORD for all: 1

REPEAT PASSWORD : 1

Captcha

RECEIVE 500$ ECP PER REGISTRATION

YOU DO NOT NEED TO INVITE

NOTE:

REGISTER YOUR NAME MANY TIMES UNDER SENCOP EACH OF YOUR REGISTERED NAME HAS 1,000 USD!

IF YOU REGISTER UNDER SENCOP 100×

THEN

100x1,000$=100,000 $ Coin ….FOR YOU!

THE ECP TRAINING 101 PRIOR TO THE UPGRADING AND SCALING UP INTO V5.1 PHOENIX CURRENCY WEALTH GENERATOR OF THE ELITES FOR THE NEW WORLD ORDER.

….THIS ABSOLUTELY FREE FROM THE GLOBAL CONVENOR MEXICO COIN CEO PRADEEPTA KUMAR MOHAPATRA!

1500 REGISTRATION IN 8 HOURS.

NOTA BENE:

[1500 × 500 = 750,000$ DAILY INCOME]

This is the semi-automated software URL linked below.

http://bit.ly/GlobalTrainingSoftware

Go to Internet Café or Internet Shop or if you have Internet at Home much better!

GLOBAL TRAINING NETWORK COMPLIANCE

Hereunder Initial Training only and does not guarantee money before Phase 1 Initial Pooling of CEOs

TRAINING 103

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THIS IS BADLY REAL URGENCY CALLING FOR ALL HUMAN BEINGS.

THE NEW CHINA AND THE BIG DATA UNIVERSITY

Robert Chiu, Economist

Rey So-ong, Cyberneticist

(Update as of October 12, 2018)

The Institute of Big Data Research (BIBDR Website: www.BIBDR.org) is a new institution jointly sponsored by the Peking University, the Beijing University of Technology, the Zhongguancun Science Park and the Haidian District government under the supervision of the municipal government of Beijing. It is the first institution in China that combines education, research, entrepreneurship and government service. Its mission is to create a world class research and education program that can serve both as the model for developing data science in China and as a platform for nurturing new enterprises in big data.

Big data in China has a huge market and encompasses a huge interest, yet progress has been hindered severely by the lack of qualified personnel. BIBDR’s priority is to attract the best people in all fronts (research, education, entrepreneurship) in big data and create the platform for these people to achieve their goals. This is done by joining forces from the academia, industry and the government. BIBDR is in the process of setting up basic research labs such as the Deep Learning Lab, the Natural Language Processing Lab, as well as application driven units such as the Center for Financial Data, the Center for Transportation Data, the Center for Medical and Health Data, etc.

For the last six years, Peking University has made serious progress in the area of data science. A committee headed by the provost Professor Song Gao has been created to oversee and coordinate data science programs across campus. In 2015, Peking University launched an undergraduate program in data science. Its graduate program in data science has won approval by the Ministry of Education. The Beijing University of Technology has also been very actively involved in big data research, particularly in the area of transportation data. At the same time, Zhongguancun Science Park and the Haidian District has been home to the most vibrant big data industry in China, with names such as Baidu.

China has made gigantic progress in the area of internet. Its potential in the area of big data is at least as big. BIBDR is leading the way to make it happen.

Jaw-dimensional South, Beijing big data Research Institute, Peking University Yuanpei Dean of the College; the Chinese Academy of Sciences, a Fellow of the American Mathematical Society, USA Industrial and Applied Mathematics society fellow, Peking University International Mathematical Research and Mathematics College Professor, Princeton University Department of Mathematics and Applied Mathematics Research Institute Professor, operations research and financial engineering Department Adjunct Professor. The current Chinese computational mathematics Society of the ninth Council Chairman, the National 973 project of“non-structure data of statistical learning: math basis and algorithm”chief scientist, China big data Expert Committee, Deputy Director of Committee member of China computer Federation big data Expert Committee, the Zhongguancun big data industry Alliance consultant.

Jaw-dimensional the South had won the international industrial and Applied Mathematics Association awarded the Collatz prize, the first American young scientists and engineers President’s award, the Feng Kang scientific computing prize and the American industrial and Applied Mathematics Association awarded R. E. Kleinman award, etc.

Beijing big data Research Institute of Beijing Institute of Big Data Research)was established in 2015 8 January 27, by the Peking University jaw-dimensional South fellow initiates, in the Beijing municipal government, supported by the Zhongguancun Administrative Committee and Haidian District government, Beijing University, Beijing University of technology to build, will be in the traffic big data, financial big data, mobile Internet, big data, healthcare big data, unstructured data, medical image processing, as well as biology, chemistry, Astrophysics, Neuroscience, and other aspects of academic research, technology innovation, personnel training and the outcomes of industrialization. The goal is to attract world-class big data researchers came to Beijing development, the construction of the internationalization of Big Data production and research collaborative innovation platform.

Beijing big data Institute is in Beijing, China, municipal government, under the leadership of the Government, the University and the market the combination of this platform is conducive to attracting world-class big data researchers, facilitate big data research and China industrial innovative development. North and North work great in the front along the big data field of formal cooperation in municipal government and the support of friends, the Beijing big data Institute to become the China and even the world in big data industry and education in the field of a banner, which build into the School of Science and Technology of the SAR and SAR personnel, by deepening the comprehensive reform continues to inspire its own power and Vitality, driven by the discipline construction, scientific research and personnel training of the overall increase. In addition, Beijing in a big data talent, industry resources, research areas has a unique advantage, by Beijing big data Institute The Big Data industry-University-Institute collaborative innovation the new platform for big data academic research and achievement transformation project, the play Beijing in the country of the original innovation in a source role.

Infographic for global collaboration to reduce transaction cost and increase prosperity;

Big Data technology as the information industry development of cutting-edge direction, in line with the Beijing Tianjin Hebei collaborative development planning framework for the capital science and Technology Innovation Center functional positioning of the capital to build “sophisticated” economic structure will play an important industry role in supporting globalization. Beijing Big Data Institute will be in the traffic big data, financial big data, mobile Internet, big data, healthcare big data and other aspects of academic research, technological innovation, talent training and industrialization, aimed at by the different industry data to be integrated with the analysis, in order to optimize the industrial allocation of resources, support of Industry competent sector decision-making, the first form of internationalization of the big data industry-University-Institute collaborative innovation of new platforms, attract a world-class big data researchers came to Beijing development, play a good capital, talent and technology advantages and industrial innovation mechanisms, leading, innovation, development of future emerging big data industry, services, capital development and national strategic needs.

发起单位四方为北京大数据研究院提供人员编制、办公条件、经费支持等保障。北京大学、北京工业大学申报并建设北京大数据高精尖创新中心，吸引国际一流的大数据研究人员来京发展，建设国际化的大数据产学研协同创新平台。中关村管委会和海淀区政府协调解决北京大数据研究院科研办公用房，利用各类政策为吸引人才提供保障，设立用于开展大数据研究院应用技术研究成果的转化和产业化的平台。

机构设置：为推进北京大数据研究院暨高精尖创新中心建设和发展，成立建设领导小组，由北京市领导担任组长，由四方单位负责人和北京大数据研究院院长为成员，定期协调推进建设相关事宜。

北京大数据研究院暨高精尖创新中心实行理事会领导下的院长负责制。理事会是研究院的决策机构，由学术界、企业界一流专家组成，负责审议决定研究院的重大事项。研究院下设管理委员会、学术委员会和监督委员会。

发展规划：在市委市政府领导下，北京大学、北京工业大学、中关村管委会、海淀区政府联合打造面向产业和市场需求、国际一流水平的新型大数据研究人才培养和创新平台，建立稳固的吸引国际一流大数据人才的机制；探索新的运行模式，在大数据研究院下建立协同研究、转化、产业三线并行运行管理机制。

一是在北京大学、北京工业大学等单位建立北京大数据高精尖创新中心，发挥北京大学在数学、统计及信息科学等基础领域和北京工业大学在交通、生物医疗等应用领域的研究优势，进行人才培养和科学研究；

二是成立股份制的技术成果转化中心，围绕金融、交通、医疗、移动互联网等各行业大数据应用需求，与互联网大数据领军企业、中关村大数据联盟共同开展大数据共性关键技术研发、行业大数据分析、成果转化；

三是建立纯市场化的大数据创业企业孵化机制和载体，与大数据领军企业、知名创业投资机构合作，支持研究院的应用技术研发人员带着研发成果在中关村创业，培育一批大数据领域技术创新型企业。

拟建立数个研究中心、专门实验室，负责大数据核心科学研究和技术创新。行政事务部门，负责日常管理，与企业建立联系，负责沟通交流、技术交流。咨询部门，负责面向企业和社会宣传与普及教育大数据核心技术，促进大数据技术向创业项目的孵化等职能。教育部门，负责大数据科研人才和面向市场的专业人才的培养。

Considering the sale of management to Sell the contract until the flow of

Sale On the corporate side of the preparation

(Free)

Membership

Company information and sale conditions (sold, why sold, etc.), fill out the membership to do. The registration fee is free.

Advisors (FA) of the selection

FA from the list, this great FA pick.

The FA of the selection points is, the managers themselves and of the good, areas of expertise and achievements as seen from the contact and the negotiation of power whether you can at. Managers with favorable prices and conditions negotiated for such experience and knowledge, such as M&A plus a few from the information as a reference.

Financial Advisor (FA) negotiations

Advance preparation

M&A before proceeding with the sale possible state to investigate whether pre-preparation is required. First, the company’s business organization and Finance, as well as materials related to the sale of to determine the potential. The President is retiring in a state where business can continue, whether shareholders in the chain, if suppliers and other stakeholders of the impact is confirmed.

Negotiation preparation

Problems without M&A to proceed, it can be confirmed after the FA and the Advisory Agreement and concluded negotiations prepare for. First, the business and financial materials related to the analysis, by Sale price calculations and the risk of washout, etc. here. Seller information info note at random (IM) to create. IM the buyer, but the initial considered that for a Company Overview, Business Description, techniques, financial data, etc., are described.

Teaser (anonymous information) of the website (members only viewing)

Negotiation preparation is completed, the seller some of the information is exposed. M&A plus the company is identified not to be posted anonymously, or information leakage into consideration, M&A experts is available, limited access by visitors is managed.

Conventional M&A network sheet called seller information paper is a General public that is distributed and there is a risk, but M&A A Plus in the spread of information is limited in scope, and can check the status of.

Matching

FA managers on behalf of, the National buyer project using this database, the optimal buyer looking for matching here. Also, the nationwide buyer from FA, to match desired message delivery can also be expected.

Rothschild’s Top Secret M&A for all Net+/Coin+ globally:

https://ma-plus.com/user/login

秘密保持契約書の締結

After matching, the seller and the Buyer and between the confidentiality agreement, concluded for the first time buyer to seller’s company name and other specific information is disclosed. Specific information, the buyer is negotiating on whether to consider.

The start of negotiations~contract

M&A in the Secretariat, the M&A program using the brokerage business is prohibited, the seller FA management and favorable prices and conditions negotiated in advance as possible.

Incidentally, in the standard FA, the following procedures, follow the negotiating for you.

• Conditions on negotiation support
• Basic agreement conclusion support
• Companies survey
• The final agreement for negotiation support
• The final contract, conclusion of support
• Screening

NOBLE HOUSE OF THE ROTHSCHILDS (LCF) AND THE BILDERBERG GROUP (LCSF) SOCIOCYBERNEERING FOUNDATION

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Ministry of Industry and Information Technology: Building about 10 International industrial Internet platforms

2017/9/11 13:50:20 Comment Times

The 2017 China Enterprise Internet Conference was held on the 19th in Wuzhen, Zhejiang. Xie Shaofeng, Director of the Information and Software Services Department of the Ministry of Industry and Information Technology, revealed in his speech that the Ministry of Industry and Information Technology will implement a major project of Industrial Internet, build about 10 national industrial Internet platforms, and a number of industry Internet platforms. In addition, it plans to develop support enterprises. Cloud policy measures and operational guidelines.

China Securities Network News (Reporter Wen Ting) 2017 China Enterprise Internet Conference was held in Wuzhen, Zhejiang on the 19th. Xie Shaofeng, Director of the Information and Software Services Department of the Ministry of Industry and Information Technology, revealed in his speech that the Ministry of Industry and Information Technology will implement a major project of Industrial Internet, build about 10 international industrial Internet platforms, and a number of industry Internet platforms. In addition, it plans to develop support enterprises. Cloud policy measures and operational guidelines.

The conference was jointly organized by the Ministry of Industry and Information Technology, China Internet Society, China Industrial Internet Development Alliance, Zhejiang Economic and Information Commission, and UFIDA Network (20.580, 0.00, 0.00%). Xie Shaofeng pointed out that the Internet is accelerating the penetration of various sectors of the national economy such as manufacturing, breaking the existing industrial structure and spawning new formats such as cloud computing, big data, blockchain, and artificial intelligence. The era of industrial internet is coming.

According to him, the Ministry of Industry and Information Technology will focus on promoting the construction of industrial Internet from four aspects.

First, actively promote the construction of industrial Internet platforms, accelerate the transformation of enterprises into the Internet, implement major industrial Internet projects, build 10 national industrial Internet platforms, and a number of industry Internet platforms.

Second, encourage enterprises to carry out digital transformation, formulate policy measures and operational guidelines to support enterprises on the cloud, and accelerate the pace of information system migration to the cloud platform.

Third, promote the introduction of guidance documents to further expand and upgrade information consumption, and deepen the application of information technology in key industries.

Fourth, vigorously promote the deep integration of the two industries, and jointly promote the “Made in China 2025”, “Internet +” and “Double Invasive” national strategies to achieve a new pattern of large and medium-sized enterprises.

The theme of the 2017 China Enterprise Internet Conference is “Towards the Cloud and Transform the Future, focusing on the development and transformation of enterprise Internet. Senior executives from UFIDA, Alibaba, Huawei, Baidu and many other companies will also deliver keynote speeches.

[Related Reading]

2017 China Enterprise Internet Conference opens today. Many high-level corporate representatives will participate in the 2017 China Enterprise Internet Conference held in Wuzhen, Zhejiang on the 19th. The theme of this conference is “Towards the Cloud and Transform the Future”, focusing on the development and transformation of corporate Internet. Upgrade. Senior executives from UFIDA, Alibaba, Huawei, Baidu and many other companies will attend the conference.

Reference: http://www.eeworld.com.cn/wltx/article_2017082016533.html

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Gold-Based Crypto-Assets. Bigger Than Bitcoin & Far More Valuable Than Real Estate Asset (Details here: http://bit.ly/RothschildsGold …)

Updated 30 March 2018

By Robert Chiu (Cryptozoologist and Economist) and Rey So-ong (Cyberneticist— Asia and China Regions) Shenzen.

As Bitcoin prices continue to rise at an occasionally stuttering but nevertheless rapid pace, the underpinnings of the Blockchain currency are now falling under ever greater scrutiny. Like most Blockchain currencies, Bitcoin has inherent economic advantages over fiat currencies because of the technology behind it. Below we discuss these advantages and Bitcoin’s natural evolution into a real gold backed crypto-asset.

Gold Asset: the strongest ever created Blockchain currency

Throughout recorded history only gold asset currency unlike land, houses and buildings have been held as stable form of payment systems and with strongest stores of value. In fact, most western banking institutions derive most of their revenue (and perceived value) from issuing debt — often in the form of gold secured against inflation.

Gold asset also normally appreciates with rising global demographics and demand inflation — as we can see in the world’s economic centres, from London to New York, Toronto to Hong Kong and the giant Shanghai Gold Exchange and the Saudi Arabia Gold Stock Exchange which is unknown to almost 90% of the businessmen on earth. Gold prices are significantly increasing in these centres with more and more people purchasing gold assets to both protection against inflation and to increase wealth stronghold.

Unlike any other volatile market, gold has a far greater common utilitarian use as a form of stored value — everybody needs to have somewhere to pay and get paid and have future strong value security. It also has a greater appreciating valuation. As more federal reserves USD certificates exist in circulation than the stored gold in vaults to which it makes its claims, USD and all other volatile real asset market is a another victim of fractional lending, meaning that it can depreciate in value since peoples shall create their own real estate unlike gold can never be created by nature.

Moreover, scientist claims about gold and gold-based platforms are the only stable economy for it shall always have fixed volume stored on earth's surface and very difficult to mine underneath the earth's deepest part unlike diamonds which could be created by nature like giant shell and many factories creating diamonds.

So the value of gold is in demand due to limited supply in the value chain.

Fiat Currencies: Commandment vs Covenant

The same is true of traditional or “fiat” currencies. Fiat currencies, which have no intrinsic value other than that which others attribute to them, are ostensibly under the direct control of governments, of private and central banks and/or consortiums of them.

Because these authorities continually “print” (or create) more of denominations of fiat currencies on a monthly and yearly basis by approximately 2.5 percent /yr (quantitative easing) these fiat currencies depreciate in value over time. So as an example, £100,000 is worth approximately £85,000 in relative value after 5 years, or £70,000 after 10 years — just by this mere expansion of the money supply. In and of themselves, fiat currencies are not a good place to store wealth. Like a new car and a new house they depreciate significantly as soon as you take possession of them.

The impact of this ‘shrink-flation’ is grave. Wages do not keep up with the “printing” of currencies, and employees are being paid effectively less every month under this process. Not only do savings and pensions decrease, but even the contents of a cereal box or tin of coffee can shrink — yet the emptier box or tin costs the same as its full equivalent of 2–5 years ago.

The term “fiat” currency is derived from that Latin meaning: “an order from a supreme authority, e.g., a government commandment”. A commandment is a unilateral order from an authority, e.g., The Ten Commandments from Moses. In this definition no agreement with the people under its rule is necessary; submission is expected or coerced by the central authority.

Fiat currencies such as the US Dollar, Pound Sterling, Euro, RMB only have value because the respective governments have ordered it. No other defined assets, such as diamonds and silver, are redeemable for these paper currencies. Only the power of government commandments and central banks gives fiat currency the illusion of true value. The Swiss Franc was the last currency redeemable in gold. Until as relatively recently as May, 2000 a Swiss Franc note could still be exchanged for gold at any Swissbank.

Bitcoin is the New Non-Centralised Covenant

Bitcoin, on the other hand, is based on a covenant, an agreement between ‘we the people’, rather than the command of any one political entity or authority. Bitcoin is based on two unchangeable truths, the amount of Bitcoins is always precisely known and the current and future rate of Bitcoin expansion is a fixed process (only 21 million Bitcoins will ever be created or ‘mined’).

Despite the volatility these two facts ultimately make Bitcoin a more attractive currency with the immutability of its “physical” amount and its future rate of increase. Knowing that these two facts are impervious to manipulation by governments or central/private banks is currently driving people to adopt and purchase Bitcoins (and many of the better crypto currencies) as a currency that offers a far better store of value (it is not just ‘speculation’) that their traditional fiat currencies.

The price increases in Bitcoin are driven by demand for its inherent technical and monetary advantages. This agreement or “covenant” is enforced by Bitcoin’s technical characteristics and not by the promises of, or illusion of, value. Bitcoin now offers macro economies and monetary policy makers a real opportunity to restore true value back to currency and to remove themselves from the endless temptation to continue the unsustainable practice of ‘kicking the proverbial monetary can down the road’ when both the can is now too big to kick and the road has now run out to safely continue this unsavoury practice.

The technical advantages of Bitcoin have enabled it to avoid the tendency of “printing” more of itself as fiat currencies are wont to do. However, Bitcoin has not yet replicated the asset-backed nature and value of redeemable currencies — as had been the case with the Swiss Franc when it was redeemable for gold over the counter on demand. This leads to the next natural evolution of Bitcoin: asset-backed Blockchain currencies or ‘crypto-assets’.

ICO and Gold Coded Listings— Initial Coin Offerings and GCL.

With the technical advent of Internet Coin Offerings, ICOs are now possible in real gold currency where gold assets can be GCList (Gold Coded Listing — effectively an IPO of Gold) on the new breed of blockchain enabled, Bitcoin-denominated Gold Exchanges being announced in London, NYC and Toronto and planned for a further 17 global cities. Using the Blockchain these new crypto-asset currencies created on listing these properties can now be divided into infinitesimally smaller trading units and used as both a better form of storing value and as an alternative form of exchange to fiat currencies. Bitcoin, precisely bound and defined by and to an asset such as property, can soon have the significant advantage over fiat currencies of being a piece of legally owned property with its intrinsic universal value recognised by all and then regulated and monitored in real time. While gold, which is not easily and infinitely divisible and as a valuable physical commodity cannot be easily carried or transferred (or lived in!), property on the other hand is fixed in its location and visible to all — a perfect asset for the trusted public asset registries that are the backbone of the Bitcoin/Blockchain monetary system in the rising new ‘Asset Economy’.

Although the blockchain technologies that underpin it are still evolving, we will all need to better understand and increasingly come to trust this new ‘asset economy’ as it has evolved itself to counter the challenges, inconsistencies and sometimes dishonesty of traditional fiat currencies and it could enable a more stable economic world where we and our children may receive greater and undiminished ‘value’ for our labour, products and services than our current fiat currencies will deliver to us.

In such a brave new world where the reality of the systemic historical debasing of fiat currencies is increasingly coming to light then such a world of transparent, audit-able, regulated and increasingly trusted crypto-assets that are beyond the control of centralised authorities may increasingly start to make a great deal more sense than our existing fiat based systems.

Perhaps crypto-assets should be increasingly embraced by us all rather than feared... looking at the steady rise of crypto currencies perhaps many have already understood this and made that decision for themselves…

Change the earth and multiply the Resource-Based Economic Social System in this new age of gold rush.