A True Medium of Exchange

Written By Abdun Nur

(If you wish to communicate about this article with the author email: abdun@hotmail.co.uk)

The Nature of Money

Money monopoly limits human potential through poverty and misery all across the Earth.

In temple or church, it’s called donation or tithe.

In granted privilege: it’s fee.

In marriage, it’s dowry.

In divorce, alimony.

When you owe someone, it’s debt.

When the government mafia extorts, it’s tax.

In court, it’s fines.

In retirement it’s pension.

Employer to workers, it’s salary.

Pledging your labours to a Master, it’s wages.

To children, it’s allowance.

When you borrow from banks, it’s loan.

When you over pay for good service, it’s tips.

To kidnappers, it’s ransom.

To immorally persuade another it’s bribe.

From the dead it’s a bequest.

To sue and win it’s settlement.

Money

The term ‘Money’ originates from the goddess “Moneta” meaning ‘to remind, warn, or instruct’. Moneta is a title of the Roman goddess Juno who was the protector and special counsellor of “the preservation of Ba’alist interests in land (extorting from the tenants) by a dominant wealthy (psychopathic) class” known as a State or fiefdom. Coins of Rome where minted in or near her temple.

Money monopolies are fundamental to Ba’alism.

Ba’al means “owner” and is based on the trinity forming the monopolistic usury structures of corporation and trust.

Ba’alism is formed again and again in religion after religion through the centuries, for example in Hasidic Judaism—through the three worlds of BiYA – Beriyah (the World of Creation – in Ba’alist Christianity the “Father” – Settler), Yetzirah (the World of Formation – in Ba’alist Christianity the “Son” – Trustee), and Asiyah (the World of Action in Ba’alist Christianity “The Holy Ghost” – Beneficiary).

This same Ba’alist concept is repeated in Buddhism adopted from the ancient Ba’alist Āryan concept, the Form Realm (rūpa-loka) “Father”, the Desire Realm (kāma-loka) “the Son” and the Formless Realm (ārūpya-loka) “Holy Ghost”.

Again this structure of usury ownership is repeated in Hinduism, through the triple deity of supreme divinity. The triumvirate consists of three gods who are responsible for the creation, upkeep and destruction of the world (world means “the age of man”): Brahma the creator (Settler – creator of the substance), Vishnu the preserver (Trustee – administrator of the substance) and Shiva the destroyer (Beneficiary – the consumer of the substance).

The Egyptian Ba’alist usury ownership model claimed Osiris (husband), Isis (wife), and Horus (son).

Religion is a key tool of the Ba’alist control system allowing Ba’alists to dominate through a parasite-based model.

The Ba’alist Theban triad of Amun, Mut and Khonsu.

The Ba’alist Memphite triad of Ptah, Sekhmet and Nefertem, all establishing the trinity of corporation and trust.

The earliest known trinity forming tri-ba’alism is Heket. This had three central characters, namely Khnum (Ram headed God – creates the substance – Settler), Heket (Frog headed Goddess – Trustee) Child (humans – beneficiaries))

Hathor  is the “eye” of the sun god Re of Heliopolis. Ba’alists endlessly recycle the same stories and symbolism religion after religion.
 
Islam was originally formed as an anarchic community creation model, not a religion, this was soon subverted, and the Jewish, Christian, Ba’alist structure installed. Of all the “major” religions Islam stands as the only one that was not a Ba’alist manufactured belief system, designed to control, extort and enslave humanity, at least until it was subverted into one.
 
Ba’alists form one-sided models using these religious fantasies, and externalise what inherently is internal (“this is my own land” – internal / “I own this land” – external), for example a ‘bondsman’ becomes a slave, but inherently a bondsman is created within the reciprocal nature of free anarchic agreement, without inherent bonds community cannot exist, this makes the masses fail to grasp what must always be reciprocal and never usurious.

Current money. – The currency of the country; whatever is intended to and does actually circulate as currency; every species of coin or currency. In this phrase the adjective “current” is not synonymous with “convertible”. It is employed to describe money which passes from hand to hand, from person to person, and circulates through the community, and is generally received. Money is current which is received as money in the common business transactions, and is the common medium in barter and trade.” Black’s Law Dictionary

Lawful money. Money which is a legal tender in payment of debts.” Black’s Law Dictionary

Legal Tender. That kind of coin, money, or circulating medium which the law compels a creditor to accept’ in payment of his debt, when tendered by the debtor in the right amount.” Black’s Law Dictionary

Notice the law compels the corporations to accept legal tender, which they are presently refusing to do, instead demanding digital money from cards be used in the UK, and some airlines within airports also demand this, which is clearly an act against the imposed slave law.

“All the inhumanity and injustice of the world was/is “legal” because it preserved the privileges of the power elite. Change ONLY comes from illegal acts, which are “illegal” only because they serve to dislodge that elite, whose “laws” only exist to protect themselves.” Daniel Odonoju

Fixed Value

Fiat money is theoretically claimed a medium of exchange, but to be so would require its value was fixed. A true medium of exchange MUST remain stable and its creation must be generated with “a full guarantee” of that stored value, this can be done imperfectly through a physical object such as silver or gold, or as I will explain, through a key pair encryption digital mechanism that provides a full guarantee of that stored value, through the attachment of an external guarantee from another soul, that gives certainty to the repayment of an advance, beyond the undertaking of the bondsman receiving the advance initially, to repay the advance.

Guarantee has three basic methods:

1 – Guarantee through bilateral surety bonds, this can be networked across all sureties

2 – Guarantee through proportionate risk within collective advancing multilateral bonds

3 – Guarantee through the stored labours within the infrastructure and equipment required to service need bonds

The earth-coinage cryptocurrency:

1 – only exists when it is advanced fee and interest free

2 – has a full external guarantee attached

3 – with the tradable value in exchange of any fiat for the earth-coinage medium linked to purchasing power directly, calculated when traded

4 – all trades of the cryptocurrency are only possible within the software of the closed bond

Then the value of any exchange held within this medium of exchange is truly fixed in value, this would create the worlds first “TRUE” medium of exchange.

A true medium would not increase in its tradable value or decrease, it would simply hold the value. stored in a medium to be traded at another time within another disconnected trade, the very purpose of a medium is simply to hold a value until another trade is desired.

Guarantee of value is the key to a true medium of exchange. Holding that value fixed to purchasing power, makes that true medium stable, while providing advances free of fees and interest, along with all transactions free of fees, ends the need of endless growth, required presently by the debt usury system, as the advanced is repaid it ceases to exist.

The Origins of the Usury Banking Monopoly

Usury is not trade, trade is a reciprocation of goods or services between two or more parties.

Usury is a one-sided extraction of the fruits of the labours of another, which has 5 basic forms:

Debt (the interest demand for the use of money)

Profit (the interest demanded for the use of capital)

Rental (the interest demanded for the use of infrastructure)

Taxation (the interest demanded for the use of your labour)

Ownership (the interest demanded for the use of land through the fiction of eminent domain)

The original bankers stored metals for a fee, like silver and gold, for which the bankers gave a written I.O.U, more often than not people simply exchanged these I.O.U’s instead of going to the bank to take the metal and give it physically, as the trader could simply take the I.O.U and redeem the metal themselves. The bankers noticed that only around 5% of the metals was ever circulating in and out, 95% just sat in the store, the scam was to lend out metals they did not have, using I.O.U’s and using the gold and silver of those that had paid them to store it safely, instead for circulation, and then charge fees and interest for these paper I.O.U’s as if they’d lent the physical metals. This was done without the consent of the ones storing the metals, who clearly would object to there metal being lent out when they were paying for it to be stored. As long as they only lent out no more than 20 times the amount of stored metal using I.U.O’s, then the store would continue to circulate the metal without the victims realising the scam.

If however someone wanted a large deposit all at once, this would crash the scam, and this was called a run on the bank. In this original system the guarantee was that the victims believed the metal existed that they borrowed, but in reality they only borrowed the I.O.U, so the guarantee only continued as long as no one requested a large deposit back.

The scam has evolved, now the bankers lend 20 times, or more, as much from the I.O.U’s they create, the I.O.U’s have replaced the metals, and this is known as fiat money.

Fiat means by decree, fiat money is created when the government decrees a money monopoly and the value of the fiat currency isn’t representative of another asset or financial instrument such as gold, but has absolutely no value except the govern mental mafia decreeing it has value, and imposing that decreed money monopoly in settlement for goods or services.

By creating the entire money supply as loans, the banking sector is able to collect interest at an average rate of around 5% per annum on very nearly every pound, dollar, yen, euro, every fraud of fiat in existence.

This results in a regular and ongoing transfer of wealth from the non-banking sector to the banking sector.

The scam of I.O.U’s requires that the amount of debt certificates (I.O.U’s) created must double around every decade to maintain the scam. As all money is interest and fee bearing debt, to repay, beyond the basic advance, of the added fees and interest, you must generate more debt, as otherwise the amount of debt in existence will only repay the basic advance, and no debt will exist to pay the fees and interest.

Fiat is given value through an imposed monopoly of the Corporate State mafia, within the fiefdom they dominate. This value reduces relative to the volume of debt generated, so as the debt doubles every decade, the value halves, so the value is taken from the savings of those holding debt certificates.

The final element is monopoly. To remove the monopoly of fiat, force is not required, you simply establish a better alternative to the fiat monopoly. Monopoly is needed when a medium of exchange is free of guarantee; money as fiat is only given value because the imposed debt certificates (fiat) is granted a monopoly, the owners of the fiefdom State says it has value, and without any alternative you are forced to use that system.

Contract Vs Reciprocal Agreement

A “contract” is a reduction in agreement, a contraction. Contract forms a one-sided agreement, and this is why ONLY a constructed legal fiction can form a contract, and why you must be re-presented as such a fiction in any court, before you can act on behalf of that constructed fiction (straw man).

A contract is a usury form of agreement, while the reciprocal bond agreement model, is a form of true written agreement, being free of all legal names and signatures, and must be both sealed (a referenced physical imprint) and witnessed.

For example, in contract you could join a gym, but only go for the first month a few times, however the contract is to pay for a year, and therefore utilised or not YOU (the legal fiction) must pay. This is not possible in a reciprocal agreement, as you must exchange reciprocally (meaning exchanged with an equivalent), this means you would only be obligated to pay for the actual utilisation of the gym (which would be equivalent to the value of the stored labours traded), not simply for the access to the gym.

Usury Debt -The Process for the Creation of “Personal” Interest Bearing Debt

1. Your signature on a service agreement  (an actual contract needs two signatures, one from each party, offer, acceptance, consideration) creates a promissory note (asset)
2. The bank does a bait and switch and tricks you into thinking they have loaned you the money on the service agreement. (re: Colin McKay’s essays on occult banking such as https://psalmistice.com/2016/04/13/the-money-shot-even-banking-is-all-about-sex/ ) and claim you now owe them.
3. The bank had no consideration, it is simply providing a service, the consideration was your signature which created a promissory note (re: Werner papers and Bills of Exchange Act – legally anyone can create a promissory note and the banks must accept it as cash, but the corrupt nature of the system will refuse this, there’s a video about that…  see banker interview https://www.youtube.com/watch?v=bOMllJe6SC0 )
4. The bank ‘deposit’ creates a bank liability to the sum of the amount in the promissory note into your bank account,  the credit balance which appears in that bank liability account BELONGS to the creator of the promissory note at the moment they create it, I.e. ab initio. When added into the ‘credit entry’ of the bank, it forms that customer’s asset (a.k.a the bank’s liability) account, creating a ‘credit balance’.  The bank NEVER owns that customer’s asset at any time, so cannot LEND it to them. 
5. The bank sells the promissory note on to the financial markets.
6. The bank demands payment of interest on the promissory note, and the payment in full to the value of the promissory note, which it has already sold-on (so they get paid twice + usury, and legally a debt resold, is a debt extinguished)
7. The bank prefers you never pay-off the created debt, so that they can confiscate your assets enriching themselves and their shareholders.
 
See also:
Paying a bank loan with a promissory note and proof of acceptance

The money power preys upon the nation in times of peace, and it conspires against it in times of adversity. It’s more despotic than monarchy. It’s more insolent than autocracy. It’s more selfish than bureaucracy. . . . Corporations have been enthroned, and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working on the prejudices of the people until all wealth is aggregated in a few hands, and the republic is destroyed.” (This quote first appeared in 1896 and was attributed falsely to Abraham Lincoln, who died in 1865, never the less it is a statement that continues to prove true, even if the true source is unknown.)

Why We Cannot Generate Cryptocurrency Without Guarantee, as a “True” Medium of Exchange

Guarantee is the key to value, everything traded is in reality an exchange of the fruits of your labours, for the fruits of the labours of another. So when a medium of exchange is used to hold the value of a trade for a future trade, you are effectively storing that labour value, if that value increases (effectively stealing more than you had) or decreases (effectively being robbed, losing some of what you had) in purchasing power it would then not be a true medium of exchange.

If a cryptocurrency invents the token of value from nothing, through selling them for unearned gain, or data mining to securing them, they have no guarantee attached, so their value only exists upon the faith of the holder, and does not posses a fixed value in purchasing power, this makes them worthless in real terms.

The other problem with this type of cryptocurrency, such as bitcoin, is manipulation, the bankers can buy these cryptocurrencies without restriction, as they have infinite fiat money, and the price will climb, then when the price is very high, lets say a 5c start value has grown to $10,000 value through this mechanism, then the bankers can dump all their holdings onto the market, now the market has a glut of cryptocurrency, and the price crashes, the bankers have gained vast sums from this mechanism, while the masses, if they bought high, have lost huge sums of their stored labours.

The guarantee must be in labour either in bonded agreement or store, as that is the only true medium we trade, this means to gain any advance it must either be held within the labours stored, within infrastructure or goods, or with an attached guarantee of repayment from an disinterested third party, willing to repay the advanced labours with their own labours. When an advance is not reimbursed by the one who was granted the advance, it must be repaid through attached guarantee and equitable mechanisms must exist to achieve this, as the zero balance of the cryptocurrency between outstanding advance and attached guarantee must be maintained.

Equitable Wealth or Legal Tender

"I am opposing a social order in which it is possible for one man who does absolutely nothing... useful to amass a fortune of hundreds of millions... while millions of men and women who work all the days of their lives secure barely enough..." - Eugene Victor Debs

No legal tender law is ever needed to make men take good money. Its only use is to make them take bad money.” Stephen T.Byington

All banking fiats are certificates of debt, the volume of debt must double on average every decade to service the fees and interest of previous debt, this effectively devalues the fiat by half from its original value in purchasing power, robbing the value from savings, and increasing the cost of goods and services proportionately, creating an endless struggle of the workers to maintain the same purchasing power of fiat received for the economic slavery exchange of their toils and drudgery in hierarchical employment.

Why is interest on advances of a medium of exchange so bad, you may ask?

“If you had borrowed one dollar at the time of Christ at 6% interest, how much money do you think you would owe today, 2000 years later?  Let’s do the math: 1.06^2000 = $4.09 x 10^50, or $409,006,800,000,000,000,000,000,000,000,000,000,000,000,000,000,000.  That’s orders of magnitude more money than there is in the whole world! To put that in perspective, if there were 10 billion people on the earth each earning $1 trillion dollars a second, for every second of every minute of every hour of every day from the beginning of time, 15 billion years ago, their combined earnings would only amount to $4.07 x 10^39.  It would take another 86 billion earths each full with 10 billion people earning $1 trillion dollars a second for every second from the beginning of time before you would come close to having enough money to pay back the interest due on a measly $1 loan at a low 6% interest for a mere 2000 years.” Dr. Anthony Santelli

It may appear a difficult road, to establish a true medium of exchange as an alternative to the present mafia based usury model suffered globally, the wealthy parasites have formed a powerful caba’al of control, and people worship these parasites, almost as gods.

The closed bond model does require a small amount of effort to establish by the bondsman at the outset, but a closed bond prevents certain elements from gaining any benefit from your labours, and allows those who would trade dishonestly to be excluded, either from joining the bond at all, or to be banned at a point their actions show their corrupt nature.

The Danger of Hierarchical Internet Monopoly

Presently people are forced through imposed monopolies to access an internet that seeks to charge for as much as possible, allows censorship, monitoring, violations of privacy and extortion for what should be free features of the network.

People have begun to fight back with peer to peer software, but this still relies on accessing a monopolised internet.

If the earth-coinage platforms are developed it would be possible to form technological hubs around the earth, by anyone with the interest to do so. The development of entanglement technology would be a priority for anyone interested in freeing people from the monopoly of the internet. An internet the Ba’alist’s could presently shut down, both nationally or globally if they desired, for any period they wished.

Entanglement would allow communication to be free of any signal, it could not be blocked, monitored or regulated by the Ba’alists.

Quantum entanglement is a physical phenomenon that occurs when particles share spatial proximity in such a way that the quantum state of each particle forms a single thought of existence. This means  when the particles are later separated, if something effects one particle, the other also reacts instantly no mater the location or distance.

If this technology could be designed to adapt existing equipment of phones and computers, an independent internet could be developed free of hierarchical monopolists, forming a peer to peer network, many times faster than the most powerful connections presently available, allowing individuals to host websites on their computer directly, networked around the system. Videos could be shared, social interactions would be open and free, no data collection for advertisers or states, no banning, blocking or spreading of propaganda.

“They deem me mad because I will not sell my days for gold; and I deem them mad because they think my days have a price.” Kahlil Gibran

To learn more about: Advancing Cryptocurrency Multilateral Bond

"Those who expect to reap the blessings of freedom must, like men, undergo the fatigue of supporting it." Thomas Paine

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