Reform

src: http://www.themonetaryreset.com/2014/08/how-they-got-us-into-this-mess-solution.html?m=1

Let me be clear – i support a bigger bio-diversity of cooperation tools. That is why this website is called alt-coop-sys – alternative – cooperation – systems.

And therefore it is good to have alternatives to do your payments – no matter if its potatoes – bretzls or bits and bytes.

What i dislike is the “one tool does it all” thinking – which completely fails the needs of the people.

What is great about bitcoins?

  • relative (price) stability
    • no inflation – reproduction is not infinite – not a fiat currency – can not be just printed
    • if exchange gets hacked – prices are down
  • 100% open source and digital
    • works international
    • can just as the internet itself not be fully controlled by a single bank or government
      • but well lawmakers can make laws – like that in NY you will need a license from the state to sell bitcoins against USD.

What is bad about bitcoins?

Even if BitCoins is not a fake-grassroots movement ( i don’t think it is ) – the concept could be copied by banks – which of course will then NOT be open source – that would be probably the time when open source BitCoin will get banned by (bank-lobby made) law for some fake reason like terrorism or money-laundering. (as if that was not possible with todays bank money)

If you want to fight terrorism – don’t trade with them! 😀 don’t supply them with arms and ammunition.

But well – what would the Industrial-Military-Finance-Complex do – without some phony external threat or war? Make less profit i guess.

It is not so important who Satoshi Nakamoto really is 😀

Code is creating facts.

are world currencies a good/bad idea?

As you can read here – “Te absence of all currency risk would spur trade, investment and employment” (1988).

Well look at Greece, Spain, Portugal, Italy now that they have the Euro:

  • debt so high they can not possibly repay
  • economy worse than ever
  • unemployment higher than ever

So this hope needs to be put into the category – illusion or deliberate deception of policy makers and the masses by some more-clever elite with a secret agenda.

How can you install a world currency? Only digital.

The “Problem” is not BitCoin – The Problem is NWO taking the BlockChain technology – and creating a centralized version of that then burning down all cash money to the value of zero and then using this new cool technology for world government. (Illuminati Credo: Ordo Ab Chao – Order out of Chaos

It will (probably) be their own implementation of the BlockChain-technology in a centralized way, not the actual OpenSource BitCoin software everyone can run and install.

Mr Stiglitz Davos 2017: USA get rid of all cash

“India was the ‘test case’ for gong cashless, and it was so successful that the United States is next in the crosshairs. This isn’t about staving off corruption, but rather implementing Technocray.  TN Editor”

src: https://www.technocracy.news/index.php/2017/01/18/joseph-stiglitz-us-dump-cash-move-digital-currency/

“That’s because the most notorious terrorist group on the planet famously uses both the world’s oldest currency (gold) and the world’s newest currency (Bitcoin).

Professor Stiglitz has likely never been anywhere near a terrorist, so he likely doesn’t have a clue how they conduct financial transactions.

Stiglitz also relies on the old claim that cash facilitates illicit activity.

Again, this thinking only highlights a Dark Ages mentality.

In the today’s world, drug dealers and prostitutes accept credit cards.”

http://www.zerohedge.com/news/2017-01-19/nobel-prize-winner-tells-davos-elite-us-should-get-rid-currency

“This is where Kimball’s idea for an electronic currency comes in. However, unlike Bitcoin, which prides itself on its decentralization and anonymity, Kimball’s digital currency would be centralized and widely used. He would effectively set up two different types of currencies: dollars and e-dollars.”

Mt.Gox was hacked in 2013 and BitCoins stolen… that’s why the prices dropped.
https://en.wikipedia.org/wiki/Mt._Gox#2013

Is Mr Assange taken for a ride by anonymous “Satoshi Nakamoto“?

“This result puts the Irish role as a blueprint for other countries into question.

Ireland’s strategy of attracting foreign owned companies by low corporate taxation rates can be seen as a beggar-they neighbour strategy, increasing downward competition for taxation in the EU.

The strategy is not even clearly positive for Irish citizens, at least not for those relying on wage income.

Therefore, it is surprising that the government seems to be willing to continue to compete for foreign owned companies by low corporate taxation rates, as a series of publications of the Department of Finance (2014) seems to indicate as well as the discussion of having to accept tax payments of Apple (CNBC Sep. 7, 2016)”

The full paper can be read here.

It is basically governments – taking away each other’s last powers over the financial system to privately owned corporations.

It is just another example that shows – how divided and fucked up the European Union really is – and that it was about rule-by-money right from the start – thank’s a lot Oil Company Elf and Chancellor Kohl – we hope you die earlier than expected – nobody will mourn you.

http://www.dw.com/en/the-scandal-that-rocked-the-government-of-helmut-kohl/a-5137950

After having given away money-production to private banks – they now give away the right to tax to private corporations.

The result – will be dysfunctional states – that need to be “rescued” by a world currency and an almighty surveillance state – probably a world government like Orwell’s 1984.

Why are the states unwilling – or even unable to form a cartel? (actually the European Union is supposed to be something like that)

So do private companies to avoid too much competition – like with the light-bulb cartel of 1942?

It is just too stupid to believe they do not know what they are doing. Same goes for Switzerland, Luxembourg, the Netherlands… the list is endless.

src: http://www.taxjustice.net/2017/01/27/tax-avoidance-ireland-economic-miracle/

A recent paper from the German University of Applied Sciences provides further evidence as to the futility of countries adopting a tax haven approach (see below – “Is tax avoidance at the heart of Ireland’s economic miracle“). The paper details how Ireland’s pursuit of becoming a tax haven has led to an increase in headline economic growth, but that growth is artificially inflated by companies shifting foreign profits to Ireland. These profits do not filter down to the Irish economy and the Irish worker is left little better off from Ireland’s economic strategy. Other countries however, see their tax revenues drop as companies shift profits to Ireland.

For small countries like Ireland, there can be a sense that freeloading off the profits of other larger economies provides some benefit. Yes, they might take a smaller share of the pie, but that pie is larger from foreign companies pouring profits into the jurisdiction as they seek a tax benefit.

Britain attacks!

For larger countries that kind freeloading is much more difficult and attempts to steal other countries profits will be seen as much more aggressive and threatening.

For that reason it was of particular concern that the UK government seems to have embraced the policy of the tax war. As part of the UK bargaining over Brexit, the UK has openly threatened to turn itself into a tax haven if they do not get a good deal from the negotiations over leaving the European Union. What is remarkable about the UK position, is that the policy of slashing taxes on business is not being justified as being beneficial to the UK economy, but instead, its attractiveness is in the harm it does to others!

Our director,  Alex Cobham, wrote about this worrying statement from the UK government, and how Europe could take steps to protect itself from such an attack.

Non Dom Italy

It is not just the UK which has started to adopt aggressive tax policies as a result of Brexit. It seems that the Italians are getting in on the game as well. The country is seeking to adopt a non domiciled tax rule similar to the UK, which allows people to live in the country but claim their tax residency is somewhere else. The non-dom rule has done a lot to make London the world capital of oligarchs, who can live in London and enjoy all the benefits of England whilst keeping their wealth offshore.

The Italian government sees Brexit as an opportunity to poach some of the world’s wealthy elite away from London and bring them to Italy, where they can continue to contribute little to society in mildly better climate.

Taxing times for Trump

In the US, the new administration continues to spray out random ideas about taxation, mostly aimed at finding new ways of paying for a giant border wall with Mexico, which is estimated to cost an eye watering $20bn.

Controversy was sparked when the White House Press Secretary suggested that Mr Trump might endorse a proposal to put a 20% tax on all profits derived from imported goods. Within hours, Mr Spicer had rolled back saying it was just an option, and the President’s Chief of Staff said the President was looking at a “buffet of options”. We all wait in anticipation as to who or what the President might eat next.

The good news from America is that the public are not taking the refusal of President to be clear with his own tax returns without a fight. A petition to ask the US President to disclose his tax returns is currently the biggest petition in the history of the White House petitions system. Will Mr Trump finally tell us whether he is contributing to the state like the rest of working America? We wait in anticipation of the response.

Snow washing

Canada is the world’s newest tax haven

This week saw the publication of a major investigation by the Toronto Star and the Canadian Broadcasting Corporation.

“Canada is a good place to create tax planning structures to minimize taxes like interest, dividends, capital gains, retirement income and rental income,” reads a 2010 internal memo from Mossack Fonseca, the law firm behind the massive Panama Papers leak of 11.5 million documents detailing global tax avoidance and evasion.”

The focus of the investigation was the use of Canadian anonymous corporations to hide money laundering and evade taxes.

The findings will surprise many, who thought that Canada was just like America, except better regulated, nicer and with more social justice.  However, that seems to have been used to the advantage of some nefarious actors, who used use Canada’s reputation as a clean jurisdiction to ‘snow wash’ money. All of this is made possible because certain provinces of Canada enable people to hide the ownership of companies.

Automatic information exchange and tax

The Tax Justice Network’s latest report looks at how governments might improve on proposals to implement automatic exchange of information for tax purposes.

The report is based on a survey which was sent to more than 100 tax authorities. One of the most conclusive responses came in how authorities could use the information received from abroad. Read our blog and access the full report here.

My Advise to the Irish people and everyone else

Do it like Iceland:

  1. Randomly select 1000 people to write a new constitution – that also includes a new financial system with new rules.
  2. if the government refuses to accept the new constitution – force it out of the door – down a cliff.
  3. create new parties – do elections.

it is your right – because it is your country – and not Apple’s.