Comments by "Frostie-Flake" (@PlanetFrosty) on "Peter McCormack" channel.

  1. And Peter now becomes “What KYC Did” since he doesn’t care about KYC.
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  2. Gold is losing is value as an asset because speed of settlement matters. It’s a useful commodity for industrial uses, but it’s medium of exchanger or a store of value is declining by not keeping up with inflation.
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  3. Bitcoin’s Lightning Network makes bitcoin useful currency. Bitcoin money is what people accept as a medium of exchange not government backing as essential. Transaction through Lightning will rise Bitcoin’s value exponentially.
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  4. Russia is a crybaby bully that’s getting its ass kicked. Putin is fascist at this point.
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  5. Bitcoin is about property rights and ordinals extend property rights. Deeds, titles and secure human history as it happens. Money secures our story, our history bitcoin secured it without government intervention.
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  6. Doomberg certainly does an excellent job with competent science understanding and solid economics. He and you did not address the economic factors of nuclear. The cost is heavily driven by excessive regulation. Again, excellent interview.
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  7. China’s Communist Party has created the largest ethno-state suppressing and destroying culture, language and various religions replacing it with communism and leader worship.
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  8. Mark is representing as “trends” when core philosophical changes occurred. His analysis is flawed, but not without some merit. As a Reformation Scholar I can say with confidence his MACRO view obscures a lot of dynamics and progress.
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  9. Great discussion and develop excellent view for better future.
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  10. Coco Bonds that ECB holds and Chinese Bond default likely creates a looming a disaster. ECB is forced to sell Coco bonds before they covert to stock while shaky Chinese bonds held widely in EU and GB.
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  11. I wrote a white paper on US creating a US World Reserve Cryptocurrency eliminating the Federal Reserve and a localized paper/crypto for daily transaction. Create a complete set of DAPs etc. I did have a discussion with Senator Brasso and Hawley about this and this should be serious.
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  12. Larry Fink and progressives are inherently destructive. Never forget racism, hate and division promoted by progressives.
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  13. The reality is there is a lot to learn hear in applying decentralization to the foundation of the communication infrastructure and creating a DAO to do two things create community Lightening Nodes to provide community liquidity for building poor communities up and provide the last mile utilities from cell to fiber to the premise to over the air interactive ATSC 3 community neighborhood TV for gaming and other to electric. Secondly, larger infrastructure DAO including data centers, undersea cable and more. This humanizes the future!
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  14. The US demographic is not in the same position as other countries. Immigration is offsetting substantially the impact of demographic retirement. Peter Zeihan has outlined this clearly.
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  15. Frankly, he’s wrong on numbers of employment because we’re filing within weeks a tech that increases BTU output of methane 30% to 50% reducing CO2 below production of solar and wind carbon footprint. This creates huge jobs base and has use in other hydrocarbons. Bitcoiners, of which I’m one, have become DOOMERS, not creators and real problem solvers by sucking up CCP and Russia propaganda.
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  16. I’m looking at buying a home in Taiwan. Great choice.
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  17. The WMDs were moved to Russia and that is very clear and have the evidence. Now Russia mainly has “fake gold” derivatives. The main petroleum processing in Russia done by France with US tech. You want the truth I tell you. I’m in the biz. I’m a hard core Bitcoiner, but fact base and in communication biz and was petroleum.
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  18. The Chinese actual debt is $136 Trillion when all regionals are included in PBOC. EU holds the majority of the bonds in USD going default.
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  19. Elizabeth Warren is a wing of Wall Street, a crude, deceptive, manipulative hidden pretender, but wing of Wall Street! Gary Gensler is the same kind of fraud, the sound good, but deceive.
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  20. This discussion was helpful for the subtleties. It certainly was important for pointing out Constitutionally coinage was what was being discussed for setting standards. Gold and silver are specifically mentioned. Gold and silver issued state coinage is also provided for, but not fiat. A few states have gold and silver coinage acts. Utah and Wyoming and a few others. We need to challenge the constitutionality of controls in multiple laws. One point I didn’t agree with was on dollar deleverage as reserve currency. This is propaganda largely and here is where Jeff Schneider makes a point. Taking on any reserve status does not help Russia or China, they have authoritarian non floating currencies and it would destroy their economies. China’s debt to GDP ratio is admitted by CCP to be 250%, but reality with hiddennational government is 600%. Russia has defaulted on a loan China made to it in USD in hundreds of billions. China has drained its USD reserves to pay for Belt and Road to the point they’re having trouble paying for raw materials, food and other imported resources. An economist should not repeat the old saw about Russia and China. They have both been run into imminent economic ruin through TOTALITARIANISM! This doesn’t mean I think we shouldn’t shift our economic focus. We have to reduce the size of government and hold others accountable benefiting from US largess.
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  21. @What Bitcoin Did—Peter, don’t be a hypocrite. Cambridge Analytica was used by OBAMA & HILARY Clinton previously and even during the 2016 election. Biden and DNC through a third party used data analytics to vote harvest out of CHINA at Wuhan University. This is public information. Video available, but hard to find all.
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  22. China’s Debt to GDP is over 1000% and many regions of China well over 1500%. Crushing Russia will destroy China. This is PURE CONSPIRACY THEORY 🐗💩! Saudis are facing REVOLUTION SPILLING OVER FROM IRAN for freedom for women and democracy. BRICS is spreading poverty and watch REVOLUTION SPREAD FROM IRAN FUELED BY FREEDOM OF THE DOLLAR. BRICS will plunge participants into deeper crippling debt. Peter, you had on EURODOLLAR UNIVERSITY, but now your spouting this crap? Did you get anything out of it? THIS HARMS BITCOIN because it’s Russian and CCP propaganda. Comrade Peter, this crapola dead soon! China collapses with Russia in 1-2 years or less. I’m building the new internet infrastructure needed for Lightning Network and Bitcoin global use, as a stable coin emerges paired with bitcoin. This crap is not sound thinking and lacking understanding. This pooled ignorance and Maxi Nutter Russian propaganda being spewed. Will you start your own cult group?
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  23. This guy is boring and too fuzzy without concise definition. The “ bitcoin fixes everything” is fine, but he misses the technical milestones needed. His understanding of “artisan” and individual creation is wrong as beginning of fractional reserve banking-much earlier. Bitcoin fixing things is about human communication across cultures. This is the key that exposes the BS.
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  24. American HODL give up on Peter, he’s owned by China like the rest of Briton.😂 Maybe he’s getting Xi Jinping 🤑.
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  25. Debt based economy will always have these problems.
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  26. He has thousands of conspiracy theories woven inside conspiracy theories MOST FROM RT and CGTN COORDINATED EFFORTS, ADV CHINA ON YT EXPOSED HOW THESE WERE PLANTED, how guys like Horton were leveraged and manipulated by paid shills. They have internal emails of CGTN, this is you putting out FAKE NEWS! Supporting a coordinated campaign by Russia and Chinese propaganda machines. You’ve been used just like Horton. The guys at ADV China have the PayPal receipts the internal emails. You’ve been had!
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  27. Bitcoin is about property rights and ordinals extend property rights. Deeds, titles and secure human history as it happens. Money secures our story, our history bitcoin secured it without government intervention.
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  28. I heard is stacking Eth?
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  29. This why Russia’s gold is meaningless and their commodities in energy are declining. They are low on totem pole because they don’t add value to commodities so they are a low value nation. Still soviet era thinking without adding value or than the commodity. Russia’s gold is in part derivative and no commodity backing it up. Competing claims on same gold reduces its value.
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  30. Taproot is the big deal! BITCOIN EXPLODES! Then we need to talk about the Lightening Network!
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  31. Tom Emmer, a bitcoin advocate, may become Speaker of the House. Rohana has been involved with Elizabeth Warren and destruction of citizen privacy. He’s fraud. PACs are a first amendment issue and decided at SCOTUS already.
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  32. Our work on physical network to extend Onion Network and de-centralize the Internet bringing broadband infrastructure to focus privacy, security and broadband high speed interconnection.
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  33. Jammie Dammon needs bitcoin as Case is in deep China trouble—DEEP! Yet, they keep shilling China HIGH risk investment.
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  34. Bucky Fuller inventor and futurist had a view of an electric powered future and infrastructure Bitcoin Mining would be perfect for. This replaces a lot of ideas for electric cars and trucks with another mode of transport. Buckmeister Fuller was the inventor of carbon nano tubes and structures made from them called “Bucky Balls” and had grand practical ideas. He also invented the Geodesic Dome. Bucky Fuller also felt that precast concrete(plasticized new less energy use to produce) road sections with proper road bed he designed would cost less to maintain and sections could be unbolted from one another if damaged and replaced. This system was more durable than highways. It was directly powered from the electric grid so no battery issues to his comparable system with these highways. So along improved highways Fuller envisioned precast monorail track for both passenger, but also freight transport all automated. He also felt areas where roads were expensive to construct the monorail would disturb less land and be less expensive to build. It seems to me his monorail system has more benefit than just automated trucks. Weight wise railroads might still be useful, but the monorail would both utilize road right away, but also take short cuts where it deviated from roads were more ideal. Cathie Wood’s folks should read Fuller’s work on futurism and how this complements what we have. It utilizes electric power more efficiently without the need for batteries. The expanded electric infrastructure with monorails could be leveraged for charging locations. Bitcoin miners could be the load balancing for these monorail electric networks. In Africa or other areas with areas of unimproved roads monorail could work. It could expand the electric grid and more.
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  35. Multipolar is the hip word, but it’s not the reality. Bunko Biden represents the multipolar world. Think how pathetic that is, a geezer who is incompetent, but on the other hand you have a very shrewed Jerome Powell out maneuvering everyone. RUSSIA IS DOA, Lyn has missed the lack INSURANCE ON ALL SHIPPING, pipelines, Super Yachts, gold turns out to be more derivatives(trashed), China has seen the problem with harsh sanctions, not going push it. NO, this turns out to strengthen the dollar, Powell knows the play. COMMODITIES ALREADY CUT OFF BECAUSE OF SHIPPING. Lyn missing it!
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  36. ❤ Alex Gladstein is very much a great guy, but I think the World Bank and IMF are not intentional, but more lack of unique innovation support and property rights. They represent a Globalist view gone wrong and failed to develop from the ground up economic opportunity. That’s not to say damage caused should be obvious. The focus on mono culture large scale change causes great harm. Freedom and property rights should be the focus. This direction rather than upending a countries societal norms, small business opportunity and national identity. Incomplete modernization assistance and multinationals not held to account created imbalanced economic direction. Venturing into personal freedom and property rights should have been key reform focus. “Decolonization” and “extracting resources” has more to do with WB and IMF using existing economic structure of multinationals. Then not seriously creating an 😮indigenous economic base on property rights and freedom destroyed them.They were turning them into ideal opportunity for tyrants. I think the IMF and WB reflects the UN’s slide into the abyss of gifting totalitarians. Rewarding tyrants that raped their own country’s resources. Neither did the economic powers use these institutions to foster sound economic growth and opportunity. Gladstein embraces Marxism on the Great Depression which largely wasn’t. It was manufactured out of rise of corporatists and poor control of monopoly and growth of the multinational unchecked and unaccountable. The Soviets function much the same as a multinational extracting wealth. They depended on it. Ultimately, WB and IMF do not foster real or exponential economic growth because they ignore fundamental property rights.
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  37. Populism—how do you define populism? It’s too broad a term in common use to be useful and ill defined becoming and used as a pejorative.
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  38. Bitcoin is liberty the left is not for liberty any longer, but totalitarianism. They want control of the plebs as slaves.
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  39. FIAT, THE MONEY OF THIEVES-What both Peter and Juneseth miss is that the Fiat Eurodollar was created to accommodate Communists, Authoritarians and Totalitarians looting their own countries. “London: Butler to the World” has created the prostitution of its legal and monetary system. Ordinals in its best use extends immutable property rights to the masses. They will evolve to serve a purpose of taking the place of corruptible governments. This undoes the entire Eurodollar system sloshing around in criminal cash. Eurodollar University on YT misses the underlying criminality of the Eurodollar System. It emerged in London to accommodate initially SOVIET FUNDS into a small London Bank. Jeff, you’re simply whitewashing the current economic structure entangled with criminals and British sense of “class structure” elevating in the 90s Russian Oligarchs to near Royalty using deficient British Law to further their ends. From Chinese CCP Financial Refugees to “Nigerian Thugs” “Londonstan” served as the money laundering capitol of the world. The Swiss played a lessor role along with Frankfurt and so on. Now Dubai is trying to compete. It lacks the tradition of established law that legitimizes global criminals and thieves and may never succeed in the capacity of London. Turkey wants this trade too, but is lacking even more. Without exploring the FIAT CRIMES and the pompous asses that facilitate money laundering conclusions are wanting. This global criminality must be exposed. New money, or more correctly, establishment of immutable property rights such as in Bitcoin are the path to taking down the criminal enterprise of legitimized money laundering of the current fiat kleptocracy. The dollar is the money of thieves and London its capitol. Property Rights, not better money is the innovation of Bitcoin. It cannot be captured by the criminals. The Fiat cheerleaders and analysts miss the criminal connection. Eurodollar University misses the underlying criminality of the Eurodollar System. It emerged in London to accommodate initially SOVIET FUNDS into a small London Bank. Jeff, you’re simply whitewashing the current economic structure entangled with criminals and British sense of “class structure” elevating in the 90s Russian Oligarchs to near Royalty using deficient British Law to further their ends. From Chinese CCP Financial Refugees to “Nigerian Thugs” “Londonstan” served as the money laundering capitol of the world. The Swiss played a lessor role along with Frankfurt and so on. Now Dubai is trying to compete. It lacks the tradition of established law that legitimizes global criminals and thieves and may never succeed in the capacity of London. Turkey wants this trade too, but is lacking even more. Without exploring the FIAT CRIMES and the pompous asses that facilitate money laundering conclusions are wanting. This global criminality must be exposed. New money, or more correctly, establishment of immutable property rights such as in Bitcoin are the path to taking down the criminal enterprise of legitimized money laundering of the current fiat kleptocracy. The dollar is the money of thieves and London its capitol.
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  40. I wrote a white paper on US World Reserve Cryptocurrency based on essentially bitcoin code. This was a way to settle US debt and help emerging economies resolve their fiat issues, move to sound money. Bitcoin fits in this environment.
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  41. Corporate structure is an issue and Federation is a process potentially an answer to cronyism. This is a new approach that tech can benefit localism.
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  42. Banks and Wall Street have passed their expiration date. It’s TIME TO END THIS CORRUPT SYSTEM. Great insight, but also clear that Obama ultimately failed too.
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  43. All the wealthy will put their money in 💩coins lose it all and life is good!
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  44. This is a Pollyanna view of progressives. They have become largely totalitarians and elite power focused. Libertarians actually suggested a type of UBI, but there is a better way with Bitcoin. My focus on the poor an raising people out of poverty.
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  45. One of the best discussions. Thanks, Peter!
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  46. Moss is pessimistic cycler looking for a reason to justify his “revolutionary” desire.
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  47. China is $136 Trillion dollars in the hole all told and in USD bonds at risk of default somewhere between $55-$65 Triiion
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  48. I watch David on “The Hash” and other CoinDesk programming. So good input there for me as we engineer a truly Broadband Onion Network with new routing protocol and so on. We’re working on the infrastructure to enable safe and secure.
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  49. China’s real debt to GDP is 1000%.
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  50. China is approaching many trillions more in debt than US. Russia is no better.
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