VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS66.18%
Net Worth
0.411USD
STEEM
0.000STEEM
SBD
0.000SBD
Own SP
7.086SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 7.086SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 0.000SP | SP |
| Effective Power | 7.086SP | SP |
| Reward SP (pending) | 0.000SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
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}Account Info
| name | raymondlevesque |
| id | 46707 |
| rank | 168,534 |
| reputation | 1529846161 |
| created | 2016-08-05T12:46:30 |
| recovery_account | steem |
| proxy | None |
| post_count | 7 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-08-31T14:35:06 |
| last_root_post | 2018-08-31T14:35:06 |
| last_vote_time | 2016-09-23T12:36:12 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 9,950 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 11523.714093 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 0.000000 VESTS |
| reward_vesting_balance | 0.000000 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 1970-01-01T00:00:00 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
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"rank": 168534
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
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"outgoing": []
}From Date
To Date
2019/08/05 14:12:21
2019/08/05 14:12:21
| author | steemitboard |
| body | Congratulations @raymondlevesque! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@raymondlevesque/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@raymondlevesque) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=raymondlevesque)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| parent author | raymondlevesque |
| parent permlink | rmwyhkfr |
| permlink | steemitboard-notify-raymondlevesque-20190805t141220000z |
| title | |
| Transaction Info | Block #35289197/Trx 9d6a054b2ba67ef050bad340bc3509f9c80dee18 |
View Raw JSON Data
{
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"op": [
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"author": "steemitboard",
"body": "Congratulations @raymondlevesque! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@raymondlevesque/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@raymondlevesque) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=raymondlevesque)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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}cryptodonupvoted (100.00%) @raymondlevesque / rmwyhkfr2018/08/31 14:37:03
cryptodonupvoted (100.00%) @raymondlevesque / rmwyhkfr
2018/08/31 14:37:03
| author | raymondlevesque |
| permlink | rmwyhkfr |
| voter | cryptodon |
| weight | 10000 (100.00%) |
| Transaction Info | Block #25552244/Trx 487b19b9e275d64d71f19ec0cc632e83c8eed1d0 |
View Raw JSON Data
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}ax3upvoted (1.00%) @raymondlevesque / rmwyhkfr2018/08/31 14:35:15
ax3upvoted (1.00%) @raymondlevesque / rmwyhkfr
2018/08/31 14:35:15
| author | raymondlevesque |
| permlink | rmwyhkfr |
| voter | ax3 |
| weight | 100 (1.00%) |
| Transaction Info | Block #25552208/Trx 7fb4a6ee121de545cf470960da6e8f92389b6d98 |
View Raw JSON Data
{
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}raymondlevesqueupdated options for rmwyhkfr2018/08/31 14:35:06
raymondlevesqueupdated options for rmwyhkfr
2018/08/31 14:35:06
| allow curation rewards | true |
| allow votes | true |
| author | raymondlevesque |
| extensions | [[0,{"beneficiaries":[{"account":"dtube","weight":2500}]}]] |
| max accepted payout | 1000000.000 SBD |
| percent steem dollars | 10000 |
| permlink | rmwyhkfr |
| Transaction Info | Block #25552205/Trx 4f84d3bcba72e707116d0f76cb0c7974aefeab36 |
View Raw JSON Data
{
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}raymondlevesquepublished a new post: rmwyhkfr2018/08/31 14:35:06
raymondlevesquepublished a new post: rmwyhkfr
2018/08/31 14:35:06
| author | raymondlevesque |
| body | <center><a href='https://d.tube/#!/v/raymondlevesque/rmwyhkfr'><img src='https://ipfs.io/ipfs/QmS5cUWcgvs8UGhCRzHzsMNh7FEcnDPe9jBmSuNUMBrGxN'></a></center><hr> Cheating with a diet, cheating sexually are all the same to the unconscious. For more information on patterns of self-defeat, visit https://TheHumanTwist.com For consultation email me: [email protected] Web designing and Channel help is by Don Francis : http://[email protected] <hr><a href='https://d.tube/#!/v/raymondlevesque/rmwyhkfr'> ▶️ DTube</a><br /><a href='https://ipfs.io/ipfs/QmeG1gzE6LwAXeTNbQDhsLzCLEvSNfUqVorTStBcxc8umo'> ▶️ IPFS</a> |
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| parent author | |
| parent permlink | cheating |
| permlink | rmwyhkfr |
| title | Cheating: Sexually, food |
| Transaction Info | Block #25552205/Trx 4f84d3bcba72e707116d0f76cb0c7974aefeab36 |
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}2017/07/01 01:00:42
2017/07/01 01:00:42
| author | raymondlevesque |
| permlink | re-stephenkendal-re-raymondlevesque-with-the-coming-economic-collapse-will-the-king-of-crypto-bitcoin-save-the-day-20160930t131652592z |
| voter | drgonzo1969 |
| weight | 10000 (100.00%) |
| Transaction Info | Block #13288331/Trx 4dd22f4ce29dcbbfb61d9eea899905ce7fed2325 |
View Raw JSON Data
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}2017/04/26 18:52:42
2017/04/26 18:52:42
| author | raymondlevesque |
| permlink | with-the-coming-economic-collapse-will-the-king-of-crypto-bitcoin-save-the-day |
| voter | scsong2 |
| weight | 10000 (100.00%) |
| Transaction Info | Block #11410982/Trx a6944427a41b8ef2c812d4f31fba4878662091a7 |
View Raw JSON Data
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}| author | raymondlevesque |
| permlink | with-the-coming-economic-collapse-will-the-king-of-crypto-bitcoin-save-the-day |
| voter | freejayforever |
| weight | 10000 (100.00%) |
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View Raw JSON Data
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}| author | nonameslefttouse |
| body | Good work on this article of yours. It doesn't bring much to the discussion, but I would like to say: I'm just happy I'm already broke. I stand to lose nothing, because I don't have anything...and somehow, I'm fine with that. |
| json metadata | {"tags":["bitcoin"]} |
| parent author | raymondlevesque |
| parent permlink | with-the-coming-economic-collapse-will-the-king-of-crypto-bitcoin-save-the-day |
| permlink | re-raymondlevesque-with-the-coming-economic-collapse-will-the-king-of-crypto-bitcoin-save-the-day-20161001t160512010z |
| title | |
| Transaction Info | Block #5454802/Trx 09f94e376111734dbdcdb512350adcc6603c3b56 |
View Raw JSON Data
{
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"body": "Good work on this article of yours. It doesn't bring much to the discussion, but I would like to say: I'm just happy I'm already broke. I stand to lose nothing, because I don't have anything...and somehow, I'm fine with that.",
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}| author | raymondlevesque |
| permlink | with-the-coming-economic-collapse-will-the-king-of-crypto-bitcoin-save-the-day |
| voter | nonameslefttouse |
| weight | 10000 (100.00%) |
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View Raw JSON Data
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}| author | christoryan |
| body | Hey @raymondlevesque If you don't mind me asking, and I would rather not do it in private so the community can understand where you may be coming from as far as your website goes... Now, it's not my place to judge but rather my duty to understand what kind of message you are trying to get across with your personal website. It looks like you may be trying to sell a few different ideas but forget to mention your mission statement and gives an "*i don't know*" if the site is a biblical, demonic, or porn site.. Lolz I am just trying to get a better picture and by no means mocking, just curious. Namaste~! |
| json metadata | {"tags":["bitcoin"],"users":["raymondlevesque"]} |
| parent author | raymondlevesque |
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| title | |
| Transaction Info | Block #5452983/Trx 4322bfb6a01a57e508875480cff04fc1a9f1eb10 |
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"body": "Hey @raymondlevesque If you don't mind me asking, and I would rather not do it in private so the community can understand where you may be coming from as far as your website goes... Now, it's not my place to judge but rather my duty to understand what kind of message you are trying to get across with your personal website. It looks like you may be trying to sell a few different ideas but forget to mention your mission statement and gives an \"*i don't know*\" if the site is a biblical, demonic, or porn site.. Lolz I am just trying to get a better picture and by no means mocking, just curious. Namaste~!",
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| body | just post the source or list your websites in a post claiming you're the creator. You might even want to add a few links on your website redirecting your webpage back to your steemit. http://steemtools.com has a ton of great information and help tools to get you rolling. Also, check out the steem chat found in the menu at the top right corner of your page. Namaste!@ |
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| body | I love your honesty about the effect of a run on the banks. This effects of spiralling deflation are mind boggling and foreign territory for all of us. When money and opportunity decrease--something taken away from us--we get angry and want to blame someone or something. Hence, mass mindless shootings (Orlando, Paris, etc) and race riots on the increase. Human beings are not rational in attacking their problems, but they must attack something. An angry dog will bite his master if his master puts his hand in the way. |
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"body": "I love your honesty about the effect of a run on the banks. This effects of spiralling deflation are mind boggling and foreign territory for all of us. When money and opportunity decrease--something taken away from us--we get angry and want to blame someone or something. Hence, mass mindless shootings (Orlando, Paris, etc) and race riots on the increase. Human beings are not rational in attacking their problems, but they must attack something.\n An angry dog will bite his master if his master puts his hand in the way.",
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| body | Good point, I hadn't considered the effect of a run on the banks. Most of my big monthly payments are electronic these days, so I spend time each month pushing funds around to various accounts, but the thought of actually hoarding cash hasn't even crossed my mind. What's going on with Deutsche Bank is worrying, will be interesting to see how that plays out. |
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"body": "Good point, I hadn't considered the effect of a run on the banks. Most of my big monthly payments are electronic these days, so I spend time each month pushing funds around to various accounts, but the thought of actually hoarding cash hasn't even crossed my mind. What's going on with Deutsche Bank is worrying, will be interesting to see how that plays out.",
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| body | Stephenkendal, Thank your for kind words and the Up-voting. I am new to steemit and to posting on my website, TheHumanTwist.com. I am applying the principles of self-damage to people in general, governments, and well beyond the clinical experience of how people screw up their lives. So we will see where this takes us. I am reminded of that great film the Titanic, how this carefully constructed boat was never supposed to go down, how there were not enough life boats because of human pride: the boat was so perfect it could never sink! The FDIC will save us all. |
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"body": "Stephenkendal,\nThank your for kind words and the Up-voting. I am new to steemit and to posting on my website, TheHumanTwist.com. I am applying the principles of self-damage to people in general, governments, and well beyond the clinical experience of how people screw up their lives. So we will see where this takes us. \n I am reminded of that great film the Titanic, how this carefully constructed boat was never supposed to go down, how there were not enough life boats because of human pride: the boat was so perfect it could never sink! \nThe FDIC will save us all.",
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| body | You are absolutely right. Deflation means your dollars have more buying power because Dollars will be scarce, which is what makes them worth MORE. However, in the mad scramble to get the dollars which are usually in the bank, the bank must produce them from somewhere all at the same time. It's called a run on the banks which even the FDIC will not be able to handle. This will be the interesting part of deflation. The whole system hangs on trust, belief which more and more is threatened with scandals and revelation of corruption. Government officials, banks, and people who are supposed to have our best interest in mind are continuously exposed. Trust, belief, and confidence are eroding at a rapid pace: Wells Fargo, Deutsche bank, the closing of bank branch around the corner of my home. One of my clients was afraid to tell her bank that she wanted large sums in cash. The bank official told her it would be no problem; others were doing the same thing. She had only to make an appointment and follow certain procedures. It is happening. Quietly. In your own neighborhood. |
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"body": "You are absolutely right. Deflation means your dollars have more buying power because Dollars will be scarce, which is what makes them worth MORE. \n However, in the mad scramble to get the dollars which are usually in the bank, the bank must produce them from somewhere all at the same time. It's called a run on the banks which even the FDIC will not be able to handle. This will be the interesting part of deflation. \n The whole system hangs on trust, belief which more and more is threatened with scandals and revelation of corruption. Government officials, banks, and people who are supposed to have our best interest in mind are continuously exposed. Trust, belief, and confidence are eroding at a rapid pace: Wells Fargo, Deutsche bank, the closing of bank branch around the corner of my home. One of my clients was afraid to tell her bank that she wanted large sums in cash. The bank official told her it would be no problem; others were doing the same thing. She had only to make an appointment and follow certain procedures. It is happening. Quietly. In your own neighborhood.",
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}| author | raymondlevesque |
| body | I have attempted to apply psycho-analytic theory that food, money, and sex are all the same to the unconscious mind and, as such, are interchangeable. An individual who feels short changed, can then over eat or go on a shopping spree or engage in promiscuous sex. It really doesn't matter to the individual as long as he/she expresses an excess. The unfortunae irony is that it does not solve the major problem: lack of money. So money is a very important issue. Getting it and holding on to it (often overlooked) is a big issue. |
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"body": "I have attempted to apply psycho-analytic theory that food, money, and sex are all the same to the unconscious mind and, as such, are interchangeable. An individual who feels short changed, can then over eat or go on a shopping spree or engage in promiscuous sex. It really doesn't matter to the individual as long as he/she expresses an excess. The unfortunae irony is that it does not solve the major problem: lack of money.\n So money is a very important issue. Getting it and holding on to it (often overlooked) is a big issue.",
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}| author | raymondlevesque |
| body | I am the original author of this article. I have published it in my website THEHUMANTWIST.COM. It is for this reason that it looks like I took it from somewhere else. Check out thehumantwist.com |
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}| author | steemcleaners |
| body | Copying/Pasting full texts is frowned upon by the community. Sharing content by itself adds no original content and no value. Sharing content and add value by: - Using a few sentences from your source in quotes - Linking to your source - Include your own original thoughts and ideas on what you have shared. Repeated copy/paste posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained). Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. Not indicating that the content you copy/paste is not your original works could be seen as [plagiarism. ](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) If you are actually the original author, please do reply to let us know! Thank You! ☙ |
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"body": "Copying/Pasting full texts is frowned upon by the community. Sharing content by itself adds no original content and no value.\n\nSharing content and add value by:\n- Using a few sentences from your source in quotes\n- Linking to your source\n- Include your own original thoughts and ideas on what you have shared.\n\nRepeated copy/paste posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained).\n\nCreative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. Not indicating that the content you copy/paste is not your original works could be seen as [plagiarism. ](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/)\n\nIf you are actually the original author, please do reply to let us know!\n\n\nThank You! ☙",
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}| author | cryptomancer |
| body | I don't really get why people should be afraid of deflation. From my point of view, deflation means my savings have more buying power. Inflation means I have less buying power and have to make a greater ROI on my investments simply to beat the inflation rate. Seems like a pretty simple calculus to me. I agree the financial system is in dire shape, and things like low / negative interest rates and quantitative easing are merely stopgap measures, just kicking the can down the road a little longer. Cryptocurrency looks promising as a revolutionary way out, but I don't think it will necessarily be Bitcoin. Smart contracts are the future; I'm betting big on Ethereum, which can do everything Bitcoin can but has none of Bitcoin's shortcomings. Ethereum includes a complete programming language built into its blockchain, and the power of that cannot be overstated. We are on the verge of the next big evolutionary step forward for not just the financial system, but the Internet as a whole. Exciting times ahead! |
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"body": "I don't really get why people should be afraid of deflation. From my point of view, deflation means my savings have more buying power. Inflation means I have less buying power and have to make a greater ROI on my investments simply to beat the inflation rate. Seems like a pretty simple calculus to me.\n\nI agree the financial system is in dire shape, and things like low / negative interest rates and quantitative easing are merely stopgap measures, just kicking the can down the road a little longer. Cryptocurrency looks promising as a revolutionary way out, but I don't think it will necessarily be Bitcoin.\n\nSmart contracts are the future; I'm betting big on Ethereum, which can do everything Bitcoin can but has none of Bitcoin's shortcomings. Ethereum includes a complete programming language built into its blockchain, and the power of that cannot be overstated. We are on the verge of the next big evolutionary step forward for not just the financial system, but the Internet as a whole. Exciting times ahead!",
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}| author | stephenkendal |
| body | This is a brilliant post. Now following and looking forward to seeing more of your stuff. Up-voted. Posted a couple of articles earlier that you may find interesting. "Where we're going we won't need central banking!!" https://steemit.com/steemit/@stephenkendal/where-we-re-going-we-won-t-need-central-banking "A future without central banking be careful what you wish for because sometimes dreams do come true!!" https://steemit.com/steemit/@stephenkendal/a-future-without-central-banking-be-careful-what-you-wish-for-because-sometimes-dreams-do-come-true Cheers. Stephen |
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"body": "This is a brilliant post. Now following and looking forward to seeing more of your stuff. Up-voted. Posted a couple of articles earlier that you may find interesting. \n\n\"Where we're going we won't need central banking!!\"\nhttps://steemit.com/steemit/@stephenkendal/where-we-re-going-we-won-t-need-central-banking\n\n\"A future without central banking be careful what you wish for because sometimes dreams do come true!!\"\nhttps://steemit.com/steemit/@stephenkendal/a-future-without-central-banking-be-careful-what-you-wish-for-because-sometimes-dreams-do-come-true\n\nCheers.\nStephen",
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}| author | cryptodon |
| body | Thanks for this awesome read. I really think that Bitcoin will be the answer and people will be trying to get their hands on Bitcoin, which will drive the price up fast. |
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| body | <h2>It's happening right now. No one--not even the U.S. Government--can stop <strong>economic collapse.</strong></h2> It's called<strong> deflation. </strong> No matter how many dollars the government prints, those printed dollars do not become inflation until they circulate and push prices against the limited goods. Consumers are not spending, especially to go out on a limb as they did before 2008 when we had the last boom in real estate. Here is a typical scene<strong> before</strong> 2008: <em>My husband came home from work and announced that he had gotten a raise and a bonus check. He wanted to celebrate by buying a new car and I could have his old one. Then he wanted to plan a vacation to Florida and maybe investigate real estate, a little investment for the winters.<img class="wp-image-3022 alignright" src="http://thehumantwist.com/wp-content/uploads/2016/09/buying-a-new-car-10.png" alt="economic collapse" width="303" height="202" /></em> The key to the husband's ease in spending is the good feeling. Feelings precede action. Knowing the future will be generous, more money and opportunity around the corner allows for consumers to spend. The more we feel we have, the more generous we are--not only in matters of money but in our understanding of individual differences, setting aside our prejudices, perceiving others as OK, not a competitor for limited goods and opportunities. The emotional euphoria with money in hand is: Go now and pay later. Money will always be there. A job is always waiting for me. Tomorrow will be always better. After the bubble burst in 2008 many people lost their homes, businesses closed, and workers settled for feeling lucky to have a job, even if it meant a smaller salary and more work to replace those who were let go. Those employees still left standing after the smoke cleared had to maintain their pre-2008 expenses, take care of another person who lost his job, so the euphoria changed to pessimism and spending diminished to essentials. Thus, the stores that the out-of-work used to frequent had to cut back. The store's employees then spent less. With no help from the government (as with inflation) the U.S. economy ushered in DEFLATION.<img class="alignleft wp-image-3024" src="http://thehumantwist.com/wp-content/uploads/2016/09/deflation.jpg" alt="economic collapse" width="305" height="298" /> The spiral of inflation, which the baby boomers and the present generation understands, reversed into the spiral of deflation, which none of us have lived through and none of us have an up-close feeling for. Invisibly present is the emotional pessimism that leads to deflation: tomorrow is not going to be better than today, the loss of hope. The emotional pessimism of each individual, collectively, determines the constriction of money, blaming, the demonstrations of anger, and even a reversal against democracy toward an irrational and radical foreign enemy. When subjected to loss, humans hold authority responsible, they blame authority--doctors, teachers, Big Business--anyone in power is cast in a bad light and subject to careful scrutiny to "get the goods on them." In good times, we turn our heads away from authority's frailties, granting them the benefit of the doubt or just deny their peccadillos. Blaming can lead to self-damaging conclusions or, as in the case of BitCoin, a productive solution. BitCoin offers a solution outside the reaches of government, a solution once offered by Swiss banks, foreign accounts in other countries. Recently, Americans in Uruguay have been "fired" from the local banks because of U.S. complications in handling Americans accounts. There is nothing illegal, just "too much hassle," as one person put it. U.S currency used to be exchanged freely at private exchanges in Canada, now the U.S. requires the exchanges to get the name, residence, and phone number--no matter how small the amount. These Governmental requirements are instituted to stop terrorism and preserve U.S. safety. What could be wrong with that? In like manner, the Inquisition was in charge of converting heretics with torture and stopping any ideology against Church doctrine. This is graphically portrayed in the novel and movie, <em><a href="https://en.wikipedia.org/wiki/The_Name_of_the_Rose" target="_blank">Ihe name of the Rose</a>,</em> with Sean Connery, a great story depicting how far a government can go all in the name of 'helping' and preserving the safety of the country. The governmental invasions into privacy and pseudo attempts at solutions to economic bad times only contribute to the pessimism, frustration, and anger. Self-damaging alternatives to loss can lead to Joining the opposition, which makes NO sense unless you understand the importance of self-suffering and the human need to feel in charge of one's misery--even to the point of making life worse. Human beings have to preserve their pride, being in charge. When faced with life in the slower lane a man feels whittled down, as if he's lesser than before. Living with less defeats a man's pride and in cases where pride is more important than rational solutions, he will resort to strategies that have the appearance of solving his problems but ultimately increase the consequential self-damage--even to the point of suicide: mass slayings, suicide bombings, etc. <blockquote>One example is George when he lost his job. He took the family's remaining savings and 'invested' in the commodity market, on the high and low of silver. He knew nothing of trading commodities and was even warned against gambling his money away. But he would be the exception. He was smart. He had a degree to prove it. When he lost all his money, it was as if he took his remaining funds and threw them away, making his initial loss worse. George was cornered, but needed to preserve the feeling of power, to defeat himself, to actively lose rather than feel defeated. He would, of course, never admit to this. His crime was being fool hardy (pride) but still with the desire to win.</blockquote> The problem at the tipping point. For years the public has heard of the 'ravages' of inflation, strategies to beat inflation, the idea of cooling an overheated economy fueled by inflation--emotional words making inflation the enemy. Logically, then, if inflation is bad, then deflation is good. Yet bankers and money planners know that deflation spells the halt of the economy and the inevitable, never uttered word: Depression--a terrible event that our parents were promised never to occur again. The banks are insured by the FDIC, a stamp to give credence to that promise and we believe that little sticker on the bank window, like the Church's 'indulgences' to buy out of man's sins in purgatory. We want to believe it as we turned a blind eye to the government's gradual erosion of our paper money during inflation. But the FDIC insurance cannot ensure<em> all t</em>he banks <em>all at one time</em>. Such is the case with the Canadian government when faced with Alberta's national disaster. <blockquote> <p class="selectionShareable">Alberta is facing the longest recession in its recorded history and the province’s Finance Minister is warning that the provincial government won’t be able to create enough jobs to employ the thousands of Albertans currently out of work.<img class="wp-image-3026 alignright" src="http://thehumantwist.com/wp-content/uploads/2016/09/oil.jpg" alt="economic collapse" width="231" height="131" /></p> <p class="selectionShareable">Facing the twin shocks of low energy prices and the costly Fort McMurray fire, Alberta’s economy is in free fall and the province’s two-year old recession is getting worse, according to the first-quarter financial update released Tuesday.</p> <p class="selectionShareable">Announcing that Alberta’s deficit is now expected to grow to nearly $11-billion this year, Alberta Finance Minister Joe Ceci said the once debt-free province will be $32-billion in debt by the end of the current fiscal year.<a href="http://www.theglobeandmail.com/news/alberta/fort-mcmurray-wildfire-adds-500-million-to-albertas-projected-deficit/article31515924/">THE GLOBE AND MAIL</a></p> </blockquote> <p class="selectionShareable">Yet, it wasn't long ago that Americans complained of rising oil prices, inflation again. They wanted lower oil prices, but the falling oil prices spells deflation right into less money in everyone's pocket. Canada, too, will be limited as to how much it can spend in the U.S. The Canadian dollar is now in the seventy cent area and--no one would suspect--doomed to touch around fifty cents before the downward slide finishes. (It is also noteworthy to see how mother nature contributes to human disaster. During the Great Depression, the U.S. endured the Dust Bowl, which did not help Nature and the economy is another topic,;how jet streams and the affairs of men overlap.)<img class="alignleft size-full wp-image-3020" src="http://thehumantwist.com/wp-content/uploads/2016/09/bitocoin.jpg" alt="economic collapse" width="225" height="225" /></p> <p class="selectionShareable">But someone (or someones) did something about this looming crisis in an atmosphere outside the reaches of well-meaning interference. Satoshi Nakamoto, a fictitious name or a group launched Bitcoin which offers privacy and security beyond a government that has as its sole purpose self-perpetuation.</p> <p class="selectionShareable">Governmental 'out-reach programs' to improve the economy smell uncomfortable like self-defeat on a collective, mass scale. Given the human tendency to preserve pride, even at the expense of losing--as with individuals--Can we postulate that governments can also be victim to this tendency of making this worse while trying to look like making things better?</p> For more great articles like this, be sure to visit <a href="http://thehumantwist.com/" target="_blank">The Human Twist</a>. |
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| parent permlink | bitcoin |
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"body": "<h2>It's happening right now. No one--not even the U.S. Government--can stop <strong>economic collapse.</strong></h2>\nIt's called<strong> deflation. </strong> No matter how many dollars the government prints, those printed dollars do not become inflation until they circulate and push prices against the limited goods. Consumers are not spending, especially to go out on a limb as they did before 2008 when we had the last boom in real estate.\n\nHere is a typical scene<strong> before</strong> 2008: <em>My husband came home from work and announced that he had gotten a raise and a bonus check. He wanted to celebrate by buying a new car and I could have his old one. Then he wanted to plan a vacation to Florida and maybe investigate real estate, a little investment for the winters.<img class=\"wp-image-3022 alignright\" src=\"http://thehumantwist.com/wp-content/uploads/2016/09/buying-a-new-car-10.png\" alt=\"economic collapse\" width=\"303\" height=\"202\" /></em>\n\nThe key to the husband's ease in spending is the good feeling. Feelings precede action. Knowing the future will be generous, more money and opportunity around the corner allows for consumers to spend. The more we feel we have, the more generous we are--not only in matters of money but in our understanding of individual differences, setting aside our prejudices, perceiving others as OK, not a competitor for limited goods and opportunities. The emotional euphoria with money in hand is: Go now and pay later. Money will always be there. A job is always waiting for me. Tomorrow will be always better.\n\nAfter the bubble burst in 2008 many people lost their homes, businesses closed, and workers settled for feeling lucky to have a job, even if it meant a smaller salary and more work to replace those who were let go. Those employees still left standing after the smoke cleared had to maintain their pre-2008 expenses, take care of another person who lost his job, so the euphoria changed to pessimism and spending diminished to essentials. Thus, the stores that the out-of-work used to frequent had to cut back. The store's employees then spent less. With no help from the government (as with inflation) the U.S. economy ushered in DEFLATION.<img class=\"alignleft wp-image-3024\" src=\"http://thehumantwist.com/wp-content/uploads/2016/09/deflation.jpg\" alt=\"economic collapse\" width=\"305\" height=\"298\" /> The spiral of inflation, which the baby boomers and the present generation understands, reversed into the spiral of deflation, which none of us have lived through and none of us have an up-close feeling for.\n\nInvisibly present is the emotional pessimism that leads to deflation: tomorrow is not going to be better than today, the loss of hope. The emotional pessimism of each individual, collectively, determines the constriction of money, blaming, the demonstrations of anger, and even a reversal against democracy toward an irrational and radical foreign enemy. When subjected to loss, humans hold authority responsible, they blame authority--doctors, teachers, Big Business--anyone in power is cast in a bad light and subject to careful scrutiny to \"get the goods on them.\" In good times, we turn our heads away from authority's frailties, granting them the benefit of the doubt or just deny their peccadillos.\n\nBlaming can lead to self-damaging conclusions or, as in the case of BitCoin, a productive solution. BitCoin offers a solution outside the reaches of government, a solution once offered by Swiss banks, foreign accounts in other countries. Recently, Americans in Uruguay have been \"fired\" from the local banks because of U.S. complications in handling Americans accounts. There is nothing illegal, just \"too much hassle,\" as one person put it. U.S currency used to be exchanged freely at private exchanges in Canada, now the U.S. requires the exchanges to get the name, residence, and phone number--no matter how small the amount. These Governmental requirements are instituted to stop terrorism and preserve U.S. safety. What could be wrong with that? In like manner, the Inquisition was in charge of converting heretics with torture and stopping any ideology against Church doctrine. This is graphically portrayed in the novel and movie, <em><a href=\"https://en.wikipedia.org/wiki/The_Name_of_the_Rose\" target=\"_blank\">Ihe name of the Rose</a>,</em> with Sean Connery, a great story depicting how far a government can go all in the name of 'helping' and preserving the safety of the country.\n\nThe governmental invasions into privacy and pseudo attempts at solutions to economic bad times only contribute to the pessimism, frustration, and anger. Self-damaging alternatives to loss can lead to Joining the opposition, which makes NO sense unless you understand the importance of self-suffering and the human need to feel in charge of one's misery--even to the point of making life worse. Human beings have to preserve their pride, being in charge. When faced with life in the slower lane a man feels whittled down, as if he's lesser than before. Living with less defeats a man's pride and in cases where pride is more important than rational solutions, he will resort to strategies that have the appearance of solving his problems but ultimately increase the consequential self-damage--even to the point of suicide: mass slayings, suicide bombings, etc.\n<blockquote>One example is George when he lost his job. He took the family's remaining savings and 'invested' in the commodity market, on the high and low of silver. He knew nothing of trading commodities and was even warned against gambling his money away. But he would be the exception. He was smart. He had a degree to prove it. When he lost all his money, it was as if he took his remaining funds and threw them away, making his initial loss worse. George was cornered, but needed to preserve the feeling of power, to defeat himself, to actively lose rather than feel defeated. He would, of course, never admit to this. His crime was being fool hardy (pride) but still with the desire to win.</blockquote>\nThe problem at the tipping point.\n\nFor years the public has heard of the 'ravages' of inflation, strategies to beat inflation, the idea of cooling an overheated economy fueled by inflation--emotional words making inflation the enemy. Logically, then, if inflation is bad, then deflation is good. Yet bankers and money planners know that deflation spells the halt of the economy and the inevitable, never uttered word: Depression--a terrible event that our parents were promised never to occur again. The banks are insured by the FDIC, a stamp to give credence to that promise and we believe that little sticker on the bank window, like the Church's 'indulgences' to buy out of man's sins in purgatory. We want to believe it as we turned a blind eye to the government's gradual erosion of our paper money during inflation. But the FDIC insurance cannot ensure<em> all t</em>he banks <em>all at one time</em>. Such is the case with the Canadian government when faced with Alberta's national disaster.\n<blockquote>\n<p class=\"selectionShareable\">Alberta is facing the longest recession in its recorded history and the province’s Finance Minister is warning that the provincial government won’t be able to create enough jobs to employ the thousands of Albertans currently out of work.<img class=\"wp-image-3026 alignright\" src=\"http://thehumantwist.com/wp-content/uploads/2016/09/oil.jpg\" alt=\"economic collapse\" width=\"231\" height=\"131\" /></p>\n<p class=\"selectionShareable\">Facing the twin shocks of low energy prices and the costly Fort McMurray fire, Alberta’s economy is in free fall and the province’s two-year old recession is getting worse, according to the first-quarter financial update released Tuesday.</p>\n<p class=\"selectionShareable\">Announcing that Alberta’s deficit is now expected to grow to nearly $11-billion this year, Alberta Finance Minister Joe Ceci said the once debt-free province will be $32-billion in debt by the end of the current fiscal year.<a href=\"http://www.theglobeandmail.com/news/alberta/fort-mcmurray-wildfire-adds-500-million-to-albertas-projected-deficit/article31515924/\">THE GLOBE AND MAIL</a></p>\n</blockquote>\n<p class=\"selectionShareable\">Yet, it wasn't long ago that Americans complained of rising oil prices, inflation again. They wanted lower oil prices, but the falling oil prices spells deflation right into less money in everyone's pocket. Canada, too, will be limited as to how much it can spend in the U.S. The Canadian dollar is now in the seventy cent area and--no one would suspect--doomed to touch around fifty cents before the downward slide finishes. (It is also noteworthy to see how mother nature contributes to human disaster. During the Great Depression, the U.S. endured the Dust Bowl, which did not help Nature and the economy is another topic,;how jet streams and the affairs of men overlap.)<img class=\"alignleft size-full wp-image-3020\" src=\"http://thehumantwist.com/wp-content/uploads/2016/09/bitocoin.jpg\" alt=\"economic collapse\" width=\"225\" height=\"225\" /></p>\n<p class=\"selectionShareable\">But someone (or someones) did something about this looming crisis in an atmosphere outside the reaches of well-meaning interference. Satoshi Nakamoto, a fictitious name or a group launched Bitcoin which offers privacy and security beyond a government that has as its sole purpose self-perpetuation.</p>\n<p class=\"selectionShareable\">Governmental 'out-reach programs' to improve the economy smell uncomfortable like self-defeat on a collective, mass scale. Given the human tendency to preserve pride, even at the expense of losing--as with individuals--Can we postulate that governments can also be victim to this tendency of making this worse while trying to look like making things better?</p>\nFor more great articles like this, be sure to visit <a href=\"http://thehumantwist.com/\" target=\"_blank\">The Human Twist</a>.",
"json_metadata": "{\"tags\":[\"bitcoin\",\"money\",\"deflation\",\"economiccollpse\",\"\"],\"image\":[\"http://thehumantwist.com/wp-content/uploads/2016/09/buying-a-new-car-10.png\",\"http://thehumantwist.com/wp-content/uploads/2016/09/deflation.jpg\",\"http://thehumantwist.com/wp-content/uploads/2016/09/oil.jpg\",\"http://thehumantwist.com/wp-content/uploads/2016/09/bitocoin.jpg\"],\"links\":[\"https://en.wikipedia.org/wiki/The_Name_of_the_Rose\",\"http://www.theglobeandmail.com/news/alberta/fort-mcmurray-wildfire-adds-500-million-to-albertas-projected-deficit/article31515924/\",\"http://thehumantwist.com/\"]}",
"parent_author": "",
"parent_permlink": "bitcoin",
"permlink": "with-the-coming-economic-collapse-will-the-king-of-crypto-bitcoin-save-the-day",
"title": "With The Coming Economic Collapse, Will The King Of Crypto (BitCoin) Save The Day????"
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}steemcreated a new account: @raymondlevesque
steemcreated a new account: @raymondlevesque
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