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The Globalist Central Bankers Fear Freedom! 

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Bitcoin continues to set almost daily price records. It closed yesterday at $6,953.58/BTC. Indeed, since the beginning of 2017, the price of bitcoin has more than quadrupled.

Your friendly Big Brother is watching this price momentum. And he’s aware that the long-term success of cryptocurrencies like bitcoin threatens the foundations of the nation-state.


Here in the “land of the free,” the Securities & Exchange Commission (SEC) declared in July that “initial coin offering” (ICO) investments are subject to securities regulations. (An ICO is an investment in an asset based on the “blockchain,” which is the mathematical underpinning of bitcoin and all other cryptocurrencies.) The SEC has also filed fraud charges against a purported bitcoin trading platform, suspended trading in a publicly listed bitcoin firm, and rejected the first application for a bitcoin ETF.

The SEC isn’t the only federal agency attacking cryptocurrencies. At the end of 2016, the IRS issued a “John Doe summons” against Coinbase, the largest cryptocurrency exchange in the US. In a John Doe summons, the IRS doesn’t know of any particular individual evading tax, so it demands to see everyone’s records. The IRS suspects that Coinbase users are evading tax with cryptocurrency transactions. The summons demanded that Coinbase provide complete transaction records for all users between 2013 and 2015.

But for sheer overkill, it’s hard to beat the proposed legislation introduced in the Senate to crack down on the international movement of cryptocurrencies. The legislation would expand the definition of “monetary instruments” that must be reported when crossing a US border to include any “prepaid access device.”

If this bill is enacted, you’ll need to add up the value of prepaid debit cards, gift cards, prepaid phones, and prepaid coupons before you cross a US border. Not to mention accounts in any cryptocurrency. If the aggregate value exceeds $10,000, you’ll need to report all your holdings to the Feds.

What’s more, if you’re arrested for failing to comply with the new rules, the proposal would allow the government to file a secret motion for a restraining order that would freeze any account you own. Not just cryptocurrency accounts – any financial account could be frozen. Even your safe deposit box could be cleaned out. The restraining order could be extended indefinitely.

Of course, the US isn’t acting alone. Numerous countries have banned bitcoin altogether, including Bangladesh, Bolivia, Ecuador, Kyrgyzstan, and Vietnam. Others, like Algeria, are considering a ban. South Korea has banned ICOs. And Russia’s central bank started blocking websites that sell bitcoin last month, after President Vladimir Putin said cryptocurrencies were risky and facilitated criminal activity.

China has been restricting bitcoin in stages. In 2013, it restricted banks from using bitcoin. They could no longer convert the national currency, the renminbi, to bitcoin, or vice-versa. Then two months ago, China banned ICOs. And just last week, China completed the process of shutting down all domestic cryptocurrency exchanges.

What has governments so upset about cryptocurrencies? Rather than try to answer this question myself, I’ll quote Christine Lagarde, the managing director of the International Monetary Fund, a true heavyweight in the global banking establishment. In a recent speech, Lagarde speculates that blockchain technologies could replace national currencies and conventional financial intermediation. She said blockchain technology "puts a question mark on the fractional [reserve] banking model we know today."

It’s easy to understand why Lagarde feels this way. Unlike traditional currencies, bitcoin and other cryptocurrencies aren’t created out of thin air by a central bank engaged in “quantitative easing” or similar operations. Instead, they’re produced using computing power on distributed networks in a process called mining.

The rules that make bitcoin work (the protocol) limit the number of bitcoins that will ever be mined to 21 million. That means it’s impossible to debase or otherwise manipulate bitcoin value.

Cryptocurrencies like bitcoin are also decentralized. No central bank or other authority oversees operations. That means no central authority can “bail-in” a cryptocurrency. For instance, it would be impossible to do with bitcoin what the European Central Bank did to bank deposits in Cyprus in 2013. The Cyprus bail-in cost depositors up to 100% of the value of their uninsured bank accounts.

What’s more, since transactions are peer-to-peer (between individual users – not through a central authority), they’re far more private than transactions made through a bank. The transactions are functionally anonymous. Because of the blockchain, the details are traceable, but the identities of the persons involved are not.

It’s no wonder governments fear the bitcoin phenomenon. They risk not only losing control of their fiat currencies, but also losing their ability to force contributions (i.e., taxes) from residents. And the pushback from the powers-that-be has only begun.

Banks will applaud the crackdown, because the peer-to-peer model of cryptocurrency eliminates the need for a middleman, which traditionally has been a bank.

While some countries have pursued an outright ban on cryptocurrencies, the blockchain model is so revolutionary that many governments will opt for a more nuanced approach. A largely overlooked announcement from Russian President Vladimir Putin may pave the way. Putin has proposed a government-run blockchain-based cryptocurrency dubbed the “CryptoRuble.” Regular rubles could be exchanged for CryptoRubles anytime, with a 13% tax imposed on buying or selling them.

In the US, an official from the Federal Reserve Bank of St. Louis has proposed an initiative called “Fedcoin.” It would be a peer-to-peer payment system where you can send US dollars to anyone else. But the Fed would oversee all transactions, just as it does now. And it would still be free to exercise measures of what the IMF calls “financial repression” such as negative interest rates.

However, government-controlled cryptocurrencies are a poor substitute for the real thing.. And without a global ban on cryptocurrency transactions, it’s hard to see how restrictions or outright bans will be enforced.

For instance, shortly after China banned mainland residents from using cryptocurrency exchanges, Chinese blockchain developers set up shop in other countries. And in Ecuador, where cryptocurrencies were banned in 2014, the prohibition only moved transactions to the black market. The bitcoin price in Quito, the capital of Ecuador, is only about $200 above the market rate in countries where it’s legal.

In the meantime, the price of bitcoin keeps rising. If it’s a bubble, it’s certainly a long-lasting one. Only time will tell whether it’s sustainable – and how Big Brother will ultimately react to its success.

Mark Nestmann
Nestmann.com

 

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Editor's Note: 

You can rest assured that any activity that appears to be 'Free' from control, supervision and distraint, will be looked at closely by your Big Brother.  This is why we're keeping one step ahead of the game by implementing our Private Asset Management system (PAMS).  Privacy never looked so good!  

See for yourself:  http://vimeo.com/ondemand/pams 

 

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Warning to USA Bitcoin Traders

 

IRS Cashes in on Bitcoin Boom
By - Simon Black

What happened: 

Have you made money on Bitcoin? Did you give the IRS their cut? 

Here is another reason to hold Bitcoin long term, instead of treating it as a speculation. If you sold your Bitcoin high, and made some cash, the IRS considers that capital gains. 

And they most likely know who you are. 

The IRS is now actively seeking those who made money on Bitcoin and did not report the gains to the IRS. 

They used a “John Doe summons”  to collect all records from the Bitcoin trading website Coinbase. 

In the past, the IRS used the same methods to bully Swiss banks into revealing American account holders. 

What this means: 

How is this type of summons legal? Isn’t the government supposed to abide by the Fourth Amendment, and describe particular things to be searched and seized? This is broad dragnet investigation into personal documents or “papers.” 

Since the 16th amendment created the income tax, Americans have put up with yearly investigations into their finances that completely trample the Fourth Amendment. 

Just because the government says it is legal to tax income, suddenly the right to be secure in your person, houses, papers, and effects goes out the window.
 
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Editor's Note:  As we begin to see crypto currencies trash the USD we'll also be seeing more frenetic attempts to disrupt this trend by the central bankers and their minions in government.  Taxation, attempted regulation, distraint, attempted market disruptions, hack attacks and the like are all in the bag of tricks for the central bankers who are losing control and are desperate.  

For this reason, among others, we have our own private banking solutions to protect you from a majority of these tyrannical outbursts and attacks.  For more on that, Click Here  to get more on our Private Asset Management System (PAMS)
 
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Alternative Financial Solutions in the Digital Age

 

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Will you continue giving these guys power over you?  Or will you seek Private Asset Management and alternative financial providers?

 

If you who work hard, own anything, are an entrepreneur or business owner and are trying to build a future for your family,  you are currently at risk of being plundered and losing all or a great part of the fruits of your labor.  You’re in deep trouble whether you know it or not and had better pay close attention.

 

In the days; 

 

…when bankrupt governments are seizing the personal assets of it’s citizens at a frenzied pace, with no justifiable or legitimate cause other than those they can ‘invent’,

 

…when globalist policies want to take more of your money using poorly disguised excuses such as ‘carbon taxes’, ‘global U.N. taxes’ on your phone bill or other nefarious attempts at distraint,

 

…when fake liens and illegal garnishments and seizures routinely take place without due process,

 

…when the laws are being modified to make your bank deposits the private property of the banksters relegating you the depositor to the status of a mere ‘unsecured creditor’, and

 

…when bank executives place high risk bets with your money in the derivatives markets (which are poised to collapse) and overextend their reserves and liquidity ratios to dangerously precarious levels which threaten the very existence of the bank, and

 

…when it is widely known that some of the biggest banks are known money launderers for the drug cartels, and

 

…when it is also widely known that the FDIC could only handle a small fraction of a percent of accountholders in the event of crisis, and

 

…when the banks operate with reckless abandon knowing they are ‘too big to fail’ and any mistakes, losses and/or financial disasters which they cause will be paid for by the taxpayers anyway, and

 

…when lies, theft and criminal corruption become standard operating procedure because no bankers have ever been held accountable or gone to jail despite criminal convictions of fraud and abuse of their clients…then...

 

… you know you’re entire financial life, financial future and everything you’ve ever worked for is in ‘Deep Do-Do’! 

 

When it is common street knowledge that the biggest liars, thieves and crooks are the bankers and their government co-conspirators who back them up, you know it’s time to start dis-associating yourself from that mob and find ways to protect and preserve your financial arrangements and everything you’ve worked for. 

 

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With that in mind…. let’s dream a little bit about what a perfect solution might look like. 

 

In our dream, we might envision….

 

….dealing in non-fiat currencies which are not debt instruments of depreciating value and instead deal only in assets which are appreciating or holding their value,

 

…such assets are not controlled or tracked by any central bankers or governments yet are still universally accepted and used for trade purposes globally.

 

…dealing in these currencies and assets which means they are typically not reportable nor subject to seizure or garnishment.

 

….managing our affairs through private international trusts which offer extraordinary privacy and asset protection.

 

…having a series of trusts established to completely avoid probate and create an inheritance for your family which lawyers cannot touch or rob in probate!

 

…using the same trusts for business succession planning so there would never be any transfers required in the event of your demise and thus, never any ‘taxable event’ would occur.

 

…having assets held what could be a multi-national portfolio of holdings of assets, out of reach of the robber barons in local jurisdictions.

 

…being able to manage various fiat cash accounts, crypto currencies, precious metals and private business funds all from a single online account management platform which is more robust and secure than many if not most common internet banking programs.

 

…having a transparent and effective system of accountability and a verified audit trail including several layers of checks and balances with legal recourse for maximum integrity and security.

 

…having a completely anonymous ‘numbered’ account with a VISA debit card to use as a pass through and access to cash and monthly bill paying.

 

…being able to order an armored car to pick up cash deposits in almost any amount almost anywhere in the civilized world and credited to your international numbered account.

 

…having the flexibility to avail yourself of a financial network of over 400 specialized financial entities around the world which are a part of a service network at your disposal.

 

 

That would be a good  ‘dream’ wouldn’t it?

 

Except that it’s real and it’s coming very soon.

 

It’s not available to the public but only to members of the Lighthouse Law Club.

 

Once you are a Constitutional Commando member full details will emerge upon request.  This is highly private business.

 

 

 

 

 

 

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Let us learn well....

 

"And they watched him, and sent forth spies, which should feign themselves just men, that they might take hold of his words, that so they might deliver him unto the power and authority of the governor.  And they asked him, saying Master, we know that thou sayest and teaches rightly, neither acceptest thou the person of any, but teaches the way of God truly:  Is it lawful for us to give tribute to Caesar, or no?

But he perceived their craftiness, and said unto them, Why tempt ye me?  Show me a penny.  Whose image and superscription hath it?  They answered and said 'Caesars'.

And he said unto them, render therefore unto Caesar what is Caesars and unto God what is God's.  And they could not take hold of his words before the people, and they marvelled at his answer and held their peace."

 

     - Luke 20: 20-26

 

Draw your own conclusions. 

 

Have a great day!

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The Digital Age is Changing Your Life.  Will it be for better or worse?

 

This video lays out in no uncertain terms how the digital age is changing our lives.  Hundreds of millions of jobs will be lost due to technology and robotics.   The landscape of the workplace is changing forever and those who are unprepared will be left behind as helpless victims of this huge paradigm shift in our society.  On the other hand, those who see it coming, make the necessary preparations and position themselves to stay ahead of the trend can profit very nicely.  These visionaries can turn their lives of struggle today, into HUGE prosperity in the days ahead.   The law club is very active in creating a portfolio of Digital Age opportunities and tools to help our members position themselves so they can dip their bucket into the river of cash flow that is already moving in the new tech markets. 

 

Whatever it is you do for a living, you need to see this video and know what's coming, what's already here and what you can do about it for your own benefit!

 

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