I believe that a US dollar hyper-inflation is on the horizon (maybe 2-4 years depending on whether or not the Fed will hike interest rates to pop the asset bubble, only to introduce mega QE later to save the economy but at the cost of killing the US dollar). And I believe the demise of the US dollar is something the "elites" did not plan for. If you read through the article in the link below which is a translated article in 1982 outlining (and foreshadowing) exactly what is happening in the Middle East and the economic structure of the fiat currency system, then you will know that it aligns with the current US foreign policy in the Middle East to make sure that there is sufficient resources for the luxurious lifestyle in the United States - and it is done through attaching the petro to the dollar (which is why so many people nowadays call the US Dollar the petro-dollar). But they did not anticipate for Bitcoin and cryptocurrrencies to come in - and it's taking them by surprise it seems. Adding on to the fact that China/Russia/India/Iran are trying to isolate NATO/Japan through One Belt One Road and circumventing the US Dollar, it really seems like the "elites" may actually abandon the US Dollar entirely and actually bag hold Bitcoin or Gold or Silver. http://cosmos.ucc.ie/cs1064/jabowen/IPSC/articles/article0005345.html
Imgur Hello everyone! 🙋 Today, I would like to announce a good news to everyone. UUNIO’s Bounty Program has finally started! 👏👏👏 The Bounty Program will start on April 17th, 2018 and end on May 30th, 2018. Please check out the following application and rules. The more you participate, the more UUNIO coins will be given, so please stay tuned and look forward to seeing you in our event. Please note that application submission is required in order to participate in this program. Notes (Please read before participate!)
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Bitcoin is a good, and when someone sells a good, any liens usually disappear unless it is an agricultural product under UCC 9-320. But you could say, bitcoin can’t be a good since goods must be *movable*, and since bitcoin is virtual, it can’t be moved, like software. UCC § 9-301(a), 9-310(a), 9-312(b). (Generally speaking, an individual is located at his or her principal residence, a single-site business is located at its place of business, and a multisite ... Bob, say you are right, say UCC Article 9 allows banks to claim the bitcoin back. How would the bank proceed? They cannot have it back anyway. I mean practically, physically, cryptographically, they can’t just have it back, they have no power on it. The "new owner" (maybe anonymous) has nothing to fear. Therefore there is actually no problem. In my recent post, I discussed the shortcomings of Article 9 of the Uniform Commercial Code as applied to Bitcoin.Bitcoin does not fall within the definition of “money” under UCC § 1-201, nor ... Warning to Bitcoin enthusiasts: if you airily try dismissing UCC Article 9 as a nothigburger, you’ve just established you are unqualified to comment on commercial transactions in the US. Read what follows and be warned. A new post at Credit Slips by Bob Lawless, based on a discussion with Professor Lynn LoPucki, raises a fundamentally important issue that will severely hamper the use of ...
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. This video explains the basics of a secured transaction and how secured financing impacts millions of people in the marketplace. The steps required in order ... A secured party cannot relax after it perfects its security interest by filing a UCC financing statement. Ongoing diligence is essential, because subsequent ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.