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Dec. 16, 2013 - Clif High
29:45
20131216 – Clif High Audio #47
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Time Text
Good morning.
It's uh December 16th, 7.29 AM here on the uh Pacific um Northwest Coast of uh North America.
Technically I'm well, I'm thirty miles from the actual coast if you go as the crow flies.
Uh anyway, though, um this is gonna be probably a uh piss people off Monday.
Um we can uh start by irritating a um wealthy water holder.
Uh because I'm sorry, guy, I gotta I gotta talk about Bitcoin, even though I know it's annoying as hell to you.
Uh so just the way it is.
Um let's uh let's start by ticking people off about um uh quark coin and um the other cryptocurrencies.
Hang on just a second, gotta go help the puppy here.
Okay.
I'm back from that.
The older dog has um mobility issues now, and I've got to give him a hand occasionally.
Anyway, uh so uh let's uh quickly go thing through this thing about Quarkcoin.
Uh it's had a weird and by that I mean atypical anomalous uh rise in value through the ranks of the cryptocurrencies.
Uh I don't do the trading and stuff.
I'm not into um uh quote investment or speculation uh in that sense.
I speculate in ideas, not in uh currencies and crap.
So uh so it's not anything that's ever uh drawn me.
Um as soon as I discovered the idea of the uh remake of the you know, or this iteration of the remake of um money, because bear in mind now we've gone through three forms of electronic money here uh that have been shut down by the government because they were all gold backed,
and the um uh the people in the uh bankster community cannot have gold involved because it points out the the huge level of inflation that their uh uh digital printing has uh caused in the financial system worldwide.
Anyway, so um as soon as I discovered the uh Bitcoin, a non-gold backed, not gonna be threatened, or it was uh it was easily threatened in the beginning, but it it overcame that uh vulnerability period.
Uh at that point I stopped looking.
I mean I knew there were other alt currencies out there, but they didn't offer anything to me because of this um uh issue of network effect, okay.
I'll briefly explain that network effect is like um uh here's two different situations.
In one situation we have Bitcoin uh with network effect, and the other we have quark coin with no network effect.
And uh if they both started off equal, uh the um uh Bitcoin situation is that it has a network effect because there's no ownership anywhere, there's no central thing any place.
I learn about it and I tell a fellow, and then I go and I tell another fellow.
So I've told two guys, but because it's a networking kind of a thing, each of those guys t told two guys, and of the two people they told, one of them got excited, who told two more, and the network keeps growing on its own simply because it's a really damn good idea.
Now, in the that's the Bitcoin scenario.
That's what's occurred over these past couple of years, this network effect.
And it goes even further than that because it it engenders billions and billions of dollars of infrastructure.
You got wild ass people out there like myself running all around Olympia trying to get local businesses to accept Bitcoin.
And so, I mean, I'm I don't get paid for this, and I'm putting in time and energy on this shit, and I'm not alone.
Uh, you know, and for every uh every old bastard like myself, there's hundreds of these um uh younger guys with a lot more energy that are a lot better looking that are a lot a lot better at the job out there uh pushing and building the uh Bitcoin infrastructure.
So that's the network effect, right?
It just grows and grows and grows and grows and grows, and you can't help it.
Once you reach a certain threshold, um the network effect takes over.
You can even look this up on Wikipedia, probably.
Uh the network effect.
Now let's go over to QuarkCoin.
Quark coin is like uh uh uh it's a centralized thing, okay?
I've done as much research as I can on it, and everything keeps leading me back to the same small group of individuals.
Uh so I think of it as uh something other than a uh legitimate peer-to-peer cryptocurrency.
The reason I say that is because there is no network effect there.
There's no um uh piling on effect that you see there's no excitement within a community of developers, there's no mining pools I've been able to find that are actually operating.
There's no um active blockchain, there's no processing, there's no nothing there.
Um, Litecoin has uh mining and uh and block blockchain um uh stuff going on that you can actually get out and look and see happening.
All that Quark coin's got going for it is this weird uh anomalous um uh market capitalization and growth.
So I'm putting it down as a pump and dump scheme or something other than a legitimate cryptocurrency for anybody that asks me, and I wouldn't be involved in it, even if I was the kind of person that would go on out and do trading with the idea of making a uh you know a profit from uh swapping stuff back and forth.
I just don't think that way, so it's not anything that that would occur to me.
But even if I did think that way, I would sure as hell stay away from quark coin because it doesn't pass the smell test.
It's very stinky.
Then I then I um keep running into these videos by this um uh guy, Bill Still.
Uh Bill looks very, very, very, very uncomfortable uh with this whole idea of of these coins.
It's as though his mouth is saying one thing and his face is saying something entirely different.
If you shut the sound off and just look at him for a few minutes in his videos, uh not referencing what he is saying, you just see that there's a great deal of discomfort that's being expressed in his face.
So it's at a at odds with the uh presentation usually when he's um uh talking about the quark coin and stuff.
So I think even he is uncomfortable with it.
Uh but that's that's my personal impression.
You know, I have no real way of um and I'm putting um uh motivations or or on his behavior that may not be valid, you know.
But nonetheless, I'm uh there's a whole lot of off-putting material uh about quark coin, and I'm saying no, it ain't it's not legit.
There is no peer-to-peer there, there's no network, there's no uh reason to use it.
The um uh stated mining of 297 million and then uh million a year, there's no incentive to mine the thing.
There won't be a network effect that ever occurs as a result of quark coin.
Uh at least as it is described now.
And uh since it's all so centralized, there's no open source, there's no peer-to-peer community, uh the it's like a bunch of guys got together, created a coin, or were given a coin and the software and so on, and then told to go on out and try and sell it.
And that's what it is.
You got people out there trying to sell um the quark coin.
And the difference is they want you to buy the quark coin.
When I go to a business, I'm making them an offer and I'm saying, you know, basically, y'all savvy to Bitcoin, you know, it's in your interest to be so.
If not, that's fine.
I'm not trying to sell you on anything.
I don't give a damn if you actually accept it or not.
I'm gonna go on.
There's a network effect there.
Sooner or later, you guys will get around to accepting it, uh, whether your initial interest is negative is immaterial.
Uh it will occur basically, simply because of the network effect.
Uh, by the way, uh insofar as Bitcoin is concerned, we can look out and see the network effect growing continuously.
You have these um uh people who are into investment and speculation, and they're called uh venture capitalists.
Uh these uh guys uh like to go on out and basically um cause trouble.
And anyway, so they put investments in areas where trouble is most likely to occur and um disruption, you know, they're into that.
Uh so and discontinuity.
And so these guys invest in things.
They are motivated to do so by their own interests individually and collectively.
And so the network effect of Bitcoin has caught their attention and off they go.
You don't see you don't see venture capitalists investing uh dime in uh quart coin.
There you may find some people speculating on purchasing it in order to sell to the greater fool, but it is unlike the investment that's going into Bitcoin where you see the venture capitalists building up an infrastructure.
Now, also note the venture capitalists are building upon the shoulders of giants, okay?
All of these squatters, all these kids, and by that I mean anybody under age of forty, uh, all these uh uh Bitcoin evangelists and proselytizers that have been out there for years walking around the planet uh, you know, giving Bitcoins away and um as I did in the early days to get everybody excited about them.
It's cool as hell.
And um uh all of these guys, they're out there uh uh basically uh having for what nearly five years, and it if you want to think of it in one way, um, walked around the planet and shown people this truly marvelous idea, okay, this idea of Bitcoin.
Now, that has resulted in untold tens, hundreds uh of thousands of hours of labor, uh, uncompensated.
Uh, you know, no one's paying anybody to go on out and do this.
Uh but the idea is so damn good and it liberates humanity uh so easily and so well and so perfectly uh that from the from the uh horrors that await us if we don't do this, that um uh you know you've got these uh visionaries out there,
uh Dutch and um and German and Italian and English and American and South African and uh you know Indian and Chinese uh you know, I don't know about the Chinese and the Hindus, but in in many of the uh Western areas, these were squatters.
These are very um uh disenfranchised fringe element people that uh and everything good always comes from the fringe and works in its way in, by the way, um, that came up with this marvelous uh implementation of this idea, and because it's so damn good, they just started walking around with the idea.
Uh convinced uh like any other uh rabid um you know newly converted um uh fellow that the basis of their idea was sound for humanity.
That being the case, it turns out they were right.
And um the universe rewarded uh the effort, the value that was put in there uh by creating the network effect.
So really that's that's my take on um Bitcoin versus um uh quark.
Uh Bitcoin's gonna rule and dominate because of the network effect.
It's not an issue of uh one currency is better than another.
Uh I've listened to um Peter Schiff and all of his objections.
He's wrong.
Flat out wrong.
This is piss him off Monday, by the way.
Um so we pissed off um what's that guy uh uh still we pissed him off.
Now we're gonna piss off Peter Schiff.
Um uh he's not an asshole.
He's just um I mean he's no more of an asshole than any other human, uh, but he's just uh paradigm bound, right?
He can't see um beyond his level of comfort.
Uh he's not able to ex uh examine an idea uh without having to first accept it.
He's one of those kind of guys.
I can examine an idea, fold it into my um uh personal view of universe, look at it, see how it reacts and all of this, and then throw it away and uh stitch my personal verb view of universe back up.
A lot of people find that difficult.
Anyway, um his objections uh to Bitcoin are um seen from an old paradigm.
He just doesn't quite grasp what's going on.
Um he's seeing it as a currency, and it's really not that.
It's a peer-to-peer uh reevolution or reinventing of money, and uh a crystallization of money and what it should do for us and so on.
So uh anyway, and that's that's where we're at with this.
Um Peter Schiff is wrong.
Uh we're gonna be using Bitcoin, Bitcoin's gonna win, uh the Kabul is dying.
The only question is basically, will they be able to pull off uh um uh global horrific destruction such that so many of us are killed that we will forget what they did to us and uh will allow this cycle to start all over again, or whether this time it will be a different situation.
Now let's piss off um uh George Ur.
Uh yeah, I saw his comments on the uh Edward Snowden thing, and it's uh all it does is once again prove that George is susceptible to the propaganda from the government.
You know, I mean that's his Ben's objections to Bitcoin was the fear of via RS, not in a real examination of the Bitcoin, he doesn't understand it.
And so this is just uh uh you know uh yet another acquiescence of those people that watch TV to the propaganda that infiltrates their brains.
Um now, let's see.
Um I don't know, I've been told Max Kaiser supported Quark coin.
If so, I'm sure he's caught up in enthusiasm and hasn't actually examined it because he's not an idiot.
Um, he needs some health tips.
Somebody should tell uh Stacy Herbert that uh you know the British diet and the British climate is not good for Max.
He needs some vitamin D and um and uh uh Belicon uh bouncer here and get some exercise in that boy and gets get a tan.
Um let's see.
Who else was I gotta irritate?
Oh yeah, okay.
All about this Iraqi um dinar revalue.
Uh you know, it's like there's all these rumors about a global reset of currencies and uh a giant Bretton Woods and everybody signing off on shit, and uh a lot of people are taking information headlines and making it fit their scenarios, and no, I don't think anybody's going to be rewarded for uh the rape and pillage and murder of all of the Iraqis.
Um, basically that was that would be what it would be from a universal viewpoint.
If the Iraqi Dinar revalues to the point that uh a few hundreds of thousands of elitists, and then um uh you know, theoretically millions of stooges in the United States to the elitists become wealthy overnight as a result of the revaluation,
then what that would be would be universe rewarding uh the death and destruction of um uh the Iraqi people, uh or the people in the Iraqi area, because they were never really a cohesive nation prior to the British coming in and setting up Iraq.
But anyway, it would be the um uh a reward for all that murder and destruction.
Uh it doesn't really happen that way.
Uh you'll notice that the Vietnamese dong never revalued.
The reason that they keep pointing to Kuwait for revalue is because it revalued, but Kuwait was a conquered country that was liberated.
Iraq is still a conquered country that's been destroyed.
And no, nobody's gonna set an artificial um you know the IMF can stink up all things all they want in terms of saying, oh yes, you know, Iraq dollar ought to be worth this amount of American dollars.
It isn't gonna happen.
It won't mean shit, because they don't can th control forex.
The forex is the is a huge fucking market, and it is the people that actually make those decisions in the forex, other than the fact that it's manipulated, but it's not uh manipulated a hundred percent, it's not controlled.
And so the IRMF can't come in and say the Iraqi dinar starts trading today at three dollars to a US.
It would instantly plunge to probably about twenty-five thousand Iraqi dinar to a US dollar simply because there's no there anymore.
It's not a cohesive state.
Yeah, sure, it may have um a lot of natural resources underneath it, but um, you know, ownership is would be the issue and so on and so on.
So there's that level of objections to the uh dinar.
Plus all of the language in the dinar is all about hope, it's all about religion, it's all about cult.
You know, believe, believe, believe, and it'll come to you, right?
That kind of thing.
So it's basically um uh prosperity cult, uh uh new age religion prosperity cult with um uh a little bit of Christian salt sprinkle sprinkled over uh for the uh guys that you know can't see past their Bible, and somehow think that their God is gonna reward them for the horror that was unleashed upon all these millions of dead Iraqi uh uh people and all of the deformed children that the depleted uranium is has caused all across the Mesopotamian region all the way into India.
And uh so yeah, okay, let's see if universe rewards you for that that grand act that um uh the Bushes did upon um uh all of those people.
Uh, you know, this is this uh all wars are bullshit, guys.
All wars are uh the elitist uh uh fucking about with each other.
And so uh the idea universe is gonna reward that, we'll see.
Um, I'll be mighty damn surprised if that ever occurs.
And actually, I have a lot of reasons to think that it won't, just because the language of some of these assholes like this TNT Tony fucker.
His language is all about he wants to be the preacher.
He wants you to know that he's the preacher of the choir and or he's the preacher and he's directing the choir and all this kind of stuff.
His language is really interesting, because it's all full of religion shit, it's all full of cult stuff, it's all full of hope, and he's running out of it because there have been certain uh uh pushes that have been put on the language.
Now he finds himself into a nasty little corner where he's got to deliver some eight hundred numbers and bankers that were are willing to have people come in in the middle of the night and sit around phone centers and stuff.
You know, what a bogus uh bunch of engineering.
This guy's never worked at call center.
Uh he's never seen one in operation.
He doesn't know how they function.
He's never been inside a banking operation.
I used to code for banks.
Uh you know, I've seen this shit from the inside.
They don't operate that way.
There's no um uh national uh coordination of banking efforts here.
The this guy is just so full of shit, it's just um it's a wonder it's not oozing out of his ears.
Um anyway, though, so uh y'all have good luck with that um uh horror, the Iraqi uh uh RV, how you're gonna revalue the currency and and uh become multimillionaires and never ever think about the one point two five million Iraqi children uh that are deformed right at this moment from the depleted uranium and the horror of their lives,
and not to say anything of all the millions of Iraqis and the destruction of the infrastructure because old uh Georgie Bush got why they tried to kill my papy.
They tried to kill my papy, gotta go get them bastards.
You know, he's just such a fucker.
Anyway, so um all of those other fuckers are are sure gonna get rewarded, guys.
Yeah, this whole scenario from TNT Tony and all of those guys.
Yep, yep.
Um, that's one of the guys I'd uh like to really sit down and debate, and then I'd like to get him so pissed that he'd uh you know, stand up and fall over dead from a heart attack simply because of the high blood pressure affecting his um uh dinosaur like uh brain and his inability to cogitate.
The horror of it all is that he knows enough language to create a cult around himself and sell this shit.
But we'll see.
Uh it's um it's a it's a bizarre world, guys.
Uh so let me look at my list and we'll see who else we can piss off today.
Okay, yeah, yep.
On the list is uh Ben Fulford and um David Wilcock and all of these other um I can't even say they're well meaning, but all these other um gurus, just like the Dinnar Gurus.
You know, gurus are not necessarily good guys.
Uh they're um interesting in terms of their the connotation of a guru in um in India.
That's not a not a clean one.
So they should be careful of the language they uh choose to label themselves, but uh the Dinar fellows.
But anyway, back to Fulford and Wilcock and these guys.
Nasara, all of these uh prosperity programs.
You just don't get how things work.
We've got a prosperity program working right now.
Uh it's called collectively reengineering of money, and one of the examples is the cryptocurrencies.
This is gonna take the power away from the elite.
All of these other um Nasara, all of these things are merely uh yet one more iteration of the current system in control.
If you think about it, none of these people are in any way talking about changing the system.
They're not changing anything that will affect your lives.
If any of their shit came in, no one would ever be wealthy because of course no you can't have a system um that's based on non scarcity and have it be meaningful among humans.
So if everybody's got a million dollars, I tell you it's gonna cost half a million dollars for a can of beer.
Uh so you know, fat lot of good your million dollars to you, right?
Uh these prosperity programs where they're gonna give the wealth back to the humans in the in is I mean this is a new age um external savior.
Bear in mind you're allowing an authority, some person outside yourself to take over your destiny if you're buying into this shit so that they can award you blessings.
It's all so much a um uh religious scam that um uh you know I just don't have time for Fulford, Wilcock, Nasara, any of these other fuckers.
Uh their uh grasp of reality is strained at best and uh is harmful at worst.
Because they have people actually um listening to them and making decisions uh for their individual lives on what these guys do.
There's a hell of a responsibility for that I know uh from a personal level, and it is uh unconsidered in both the case of in in both Fulford and Wilcock and so on.
Uh you know, uh they're motivated by their motivations, who knows exactly what they are and uh but the the net result is the is a huge level of disinformation um and putting out all kinds of energies that are um dissipative without being uh growth producing or disruptive to the current system in spite of what both of them say their goal is that that is their goal you know to help bring down the bad guys and so on and uh you know Fulford's saying oh
there's going to be mass arrests.
Yet again, external savior syndrome, right?
Who's going to do the arresting?
What authority is going to arrest the people on our planet?
What authority could arrest any of the high-level people whatsoever?
Who is higher than the high elites?
Who's going to come on in and arrest them?
You know, Fulford never really gets into this, nor does Wilcock.
No sheriff is going to be able to go and arrest Obama for his crime.
You know, no sheriff will arrest Kissinger for pedophilia.
No sheriff is going to go and arrest any of these bastards uh for any of their crimes because the sheriffs are controlled by them and there is no authority greater than them in the authority chain on the planet.
Now the the solution to it all is real simple.
Don't be an authority tipsucker and uh don't look at authority for any fucking thing and step outside of the authority pyramid and look at reality as it exists.
And uh once you step outside of the authority pyramid you don't need the authority any longer and things change real easy.
And it's a different world out here guys.
It's kind of like well, you know, it's not off the grid uh because that implies a whole lot of things that are not really effective, sustainable and so on.
Let's piss off all of all of the off the grid preppers and so on.
You're never going to be able to survive um in the upcoming situations going to hit our planet without the vast majority of humans also attempting to do their best to survive and inadvertently enabling you to survive through the network effect just because it's gonna get too fucking nasty.
So the idea that we're gonna have little tiny enclaves that can be self-sufficient and isolated and um survivalist, that's bullshit.
They're gonna end up as you know um uh inbred uh incest cults um if they were to be isolated and so on.
Won't happen that way.
Uh we're gonna go through a uh huge horrific level of uh planetary changes and in the midst of all of that we're gonna get what I call the hard renaissance um uh it's uh hard as adamantine it's a renaissance of need of necessity because if you're not thinking and and inventing and creating new stuff in response to the new conditions you will die.
Uh, it's going to be a nasty period of time for many, many, many years, but it's also going to be a huge, um, uh, period of growth for humanity and in many different levels.
Um, and vast quantities of real change, not this political change bullshit.
Uh, but it's not going to occur within the authoritarian structure.
And, uh, so, uh, all the people that are prepping for that kind of, um, uh, cessation, civil war in the United States, all that kind of stuff, they're missing the boat.
They're missing the whole, uh, thing.
They're also going to be left in the dust.
Okay.
So let's go on and, um, uh, lay out the precious metals things.
Yes, we see a cross in our, uh, ability to do some charting at around 3405 on the Bitcoin, uh, relative to the breakout of silver and gold from their control.
That, that I think occurs somewhere in the end of the second week in January.
We, we see this particular, uh, cross developing.
the ability to lay the charts on our temporal uh model space is difficult and and so the the range from that would be like say from the second week in January to probably the end of the first week in March about a 30 day plus range in there about 37 to 38 days of leeway with a little tiny um three days on either side in terms of when it becomes activated.
It's a blend of short and long-term data, so as I say, it's difficult to actually place on model space with any level of accuracy.
But the 3405 cross-level is also in existence at the time that we run into the Fed running into their existential, can-we-continue-to-exist crises in late winter, early spring.
So the 3405 appears to persist for, you know, if it's in the second week in January, then it's going to persist for a couple of months until we get into the period where the Fed runs into their existential crisis that actually hits the media.
But during that period of time, silver and gold will break loose from level of control, and they will escalate precipitously.
But no, I don't think either one of them will ever catch up with Bitcoin in terms of nominal dollar or euro prices, simply because they're going to serve a different function.
They're a storehouse of value.
They're not an exchange.
And the exchange is going to be adding more value.
Okay, so gold and silver are a storehouse of wealth.
They're not an exchange of goods between individuals.
They're not smart money that way.
And the smart money of the network effect is going to add more value to Bitcoin, making it more valuable than either gold and silver in any given set of circumstances, other than strict storehouse of value, because Bitcoin is always going to be relatively volatile.
But of course, the larger it grows, the more stability that's involved.
So, let's see.
I think that's about it.
I don't know that there's too many more people I can irritate.
Okay, so that's the end of Piss-Em-Off Monday.
We've got a lot of stuff going on here, and I've had to take a few minutes break to get out and deal with it all.
Yeah, I think that's about it.
I've inadvertently found myself involved in a couple of Bitcoin startups.
It's a lot of fun for an old fart.
It's a lot better than mining, as one of the guys says.
Anyway, but there's people all over there building out infrastructure like mad for Bitcoin.
Network effect rules.
And I guess that's it.
There'll be other Wu-Jos.
We're developing data for another run.
Interesting stuff showing up.
If there's anything, I'll, uh, anything real pertinent in the, uh, immediate and short term I'll post it um or do a wujo about it uh rather than wait for a report because we just don't know when we're gonna get to it.
There's all kinds of crap going on around here for a while.
So uh it's uh something I'm and Igor's moving again.
I swear that guy, you know well he's been in the military.
You know how that goes.
You get used to moving every nine months to you know eleven months, something like that.
Can't get it out of your blood.
Anyway, so that's it for Monday everybody have a good week.
It's gonna be very exciting as we get uh through the um 19th especially as relates to the markets and crap so um have fun y'all bye yeah especially if the guys I pissed off you know if anybody takes offense personally uh be quite happy to tell you where I live you know I'm too old to go travel but if you want to come and try and beat me up hey I'd love to try.
It'd be fun.
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