Chain of Issuance: The People and Patents That Built The Financial Surveillance Network

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for those unfamiliar with Whitney Webb, she is an extremely well respected, independent, investigative journalist and researcher

The Chain of Issuance: The People and Patents That Built The Financial Surveillance Network

The patent hoarding developers and investors associated with PayPal and Google who built the first iteration of e-commerce and digital advertising have turned to the blockchain to fulfill their vision of total financial surveillance and the circumnavigation of government-issued money.

Key Takeaways

The same technology incubator behind Yahoo!/Google’s AdWords commercial advertising model, Idealab, was instrumental in the founding of PayPal.

PayPal co-founders have admitted to being advised by numerous U.S. intelligence agencies at its founding. Palantir, the CIA-funded company behind the current private-sector iteration of the U.S. surveillance state, started as the anti-fraud algorithm at PayPal.

CargoMetrics, the shipping and ocean analytics company founded by Ghislaine Maxwell’s husband Scott Borgerson, shares advisors and funders with Paxos, the issuers of PayPal’s stable coin PYUSD. The company’s marriage of currency trading and satellite surveillance is now being replicated by the Endeavor and Tether-backed Satellogic.

Paxos and Blockchain Capital were extremely early members of the Bitcoin network, specifically within the mining of bitcoin, both boasting of a significant share of hash rate at the network’s infancy.

Brock Pierce, an early pioneer of Bitcoin and cryptocurrency including the founding of Tether and Blockchain Capital, has numerous connections to Idealab, Goldman Sachs, and PayPal.

Blockchain Capital, the first venture firm in the cryptocurrency space, emulated Idealab’s shared equity model, forcing collaboration and ensured mutual success/failure of the earliest companies in the industry.

Many of the figures, be it individuals, companies or firms, featured in this piece hold the patents cited by the industry titans that built the digital financial network.

Bill Gross, the first investor in PayPal and founder of Idealab, has numerous connections to intelligence and government contractors via the data brokers that service his company Azira, the world’s leading provider of human movement data.

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Is this ruining cryptocurrency or just the general expectation of privacy? It is not clear from the quotes.

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both - the two are intimately connected

a lot of us were excited at the advent of Bitcoin and its ability to remove the parasitic middlemen from transactions, however we now see that it has become (or always was) a template for the corporate/government controlled systems being rolled out today

there is no real anonymity in transactions using internet infrastructure, regardless of the currency, but the currencies being rolled out today on a global scale obliterate any semblance of anonymity that existed

i never thought these digital currencies like Bitcoin would last, but they’ve been allowed to do just that at a time when a company selling gold coins, which people were using for transactional purposes, was raided and shut down

there is no way the controllers will allow individuals to circumvent “the system” … yet we have cryptocurrency, brought to us by its anonymous original developer and normalized by the legacy media

you wanna buy a dozen tomatoes from your neighbor’s garden, it’s going to be recorded and analyzed a thousand different ways and people will embrace it because, just like the fondleslabs, they will be charmed by the convenience

i think this quote answers your question…

As the global financial system has embraced the computer age, the parsing of a user’s banking and financial information have become one of the most valuable and efficient means for public and private sector organizations to glean and amass information about any individual. This technological maturation furthered with the integration of the internet, as the infrastructure providers of the DotCom boom at the turn of the millennium quickly monopolized the market of banking information. They accomplished this through the invention of e-commerce via advances in encryption and telecommunication technology. Only a decade later, at the start of 2009, the internet as a commerce platform led to an otherwise impossible proliferation of a novel database structure known as the blockchain –– an immutable and public ledger with an entry created for every financial transaction. In the case of Bitcoin specifically, information itself has become a commodity, and a nearly trillion dollar market has developed around upholding the distributed database across tens of thousands of nodes across the globe.

While Bitcoin and the associated blockchain industry are often positioned as a bastion of freedom and a means to circumnavigate centralized power structures, the reality is that – even while economic policy and the ability to debt pardon is taken away from nation state central banks – the means of upholding the trustless settlement of information as a commodity now solely lies within the infrastructure providers themselves.

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i don’t remember when this interview took place, but it’s a very important discussion between Alex (Bullshit) Jones and Aaron Russo, a former Hollywood film producer known for The Rose and Trading Places, but perhaps best known for a film which he was most proud of, America: Freedom To Fascism

Aaron died of cancer years ago

what Russo talks about in this clip may have seemed like lunacy to the masses back then, but not so much anymore

i think the goal he lays out is still very relevant and i think the current cultural crap that’s being normalized may be stepping stones in that direction - certainly the allure of transhumanism is

listen to what is said at the 00:26:50 mark …

Aaron Russo Interview With Alex Jones

and also at the 01:19:00 mark in America: Freedom to Fascism …