My friend – who later would become a “whale” – and who (I heard) got out of crypto – and hasn’t looked back – told me years back to buy Bitcoin. “Accept a couple of BTC for Peoplenomics…” I remember him saying. That was when BTC was a dime and we were sharing temporal research notes.
Obviously, I didn’t roll to crypto. If I had, the Ure clan would have been fabulously wealthy. But, we still did (and do) OK.
What matters is the REASON.
I considered Bitcoin – and all the other me-too coins – and asked a simple question: “Where is the value? What is its utility?”
Currencies, I learned long ago in my news career, need to be “storehouses of value.” But, I was vexed by a stupidly simple “truth detector” question. What value is stored?
We all know it was simply a secret number. That’s the whole sum and substance of it. A secret number. A 9-year old can make one up.
Of course, adherents and Crypto Believers have derided me for over a decade about this. Yes, I’ll grant them that crypto is a very special, complicated number. But a number lacks “intrinsic value.” Pisses energy away like a firehouse, too. Zero stored value. Not like calories in wheat, energy in oil, jewelry and dental work in gold, or solar panels and batteries in silver.
It’s just a fricking number.
I not only took a hard pass, must have been 2010ish, but I advised Peoplenomics readers to at least consider the facts. Look for value.
- It was only a number.
- It had NO intrinsic value (caloric, BTU, bling and dental work…)
- And – and this is key – it was a riff on the Charles Ponzi pyramiding scheme around the last Depression.
Having been out on the bleeding edge of tech long enough to “do OK,” I put morals, ethics, and not exploiting the “not as bright” FIRST. Ahead of personal gain. Took, what? 16-years?
Then This Week Happened
I patiently explained to all who would listen (long ago) that “quantum compute” would be along. Everyone laughed. All the while, we held to basics: no debt, sustainable rural land. And maybe some of that bling stuff. You need to be read-in if you’re a new reader, I suppose.
Quantum computing reduces crypto’s value toward zero not by attacking price, but by collapsing trust. Public-key cryptography—the bedrock of Bitcoin and every me-too coin—assumes certain mathematical problems (elliptic curve discrete logs, factoring, hash preimage resistance) are computationally infeasible.
Quantum algorithms like Shor’s and Grover’s don’t need to “break the chain”; they asymmetrically erase that infeasibility. Once it becomes plausible that private keys can be derived faster than assets can be moved or secured—whether by states, criminal syndicates, or cloud-scale actors—the entire notion of crypto as a store of value fails.
The system doesn’t need to be cracked in practice; it only needs to be believed crackable. At that moment, crypto ceases to be scarce trust and reverts to what it always was underneath: a very clever number whose value depended entirely on everyone agreeing the locks could never be picked. Like the ones those 9-year old kids make up.
When trust transitions from implicit to computational, it becomes time-bounded. Cyclicity locks-in. And the time-calculus of trajectory becomes determinant.
So What?
I’m used to being right far, far in advance. Usually 10-15 years. But here’s how my positioning is paying off now:
We don’t offer this as advice (in part because we have noticed a lot of sleaze trying to get into the legal profession). But we will remind you of some basic trading analytics.
- IF Elliott Wave (R.N.Elliot’s work) are correct, in a normal wave structure the C wave is never the smallest of a sequence.
- Which – if you believe in this Easter Bunny – suggests that BTC has a lot more down to go.
- What’s unknowable? Whether this will be a three waves down, or five waves. If a five, it may coincide with a coming World War. (Which is what we’re doing out in the woods, but that’s a side discussion.)
My consigliere (an ultra-ethical tax attorney) called to tell me Thursday, that “I just saw an analyst on one of the financial channels and he’s calling for $10,000 Bitcoin!!!”
Well, duh.
I had a hard time mustering much real enthusiasm; since good engineering and ethical behavior are seldom wrong. They can take a while, sure.
But that isn’t our story this morning. Oh, sure, it’s one story. But it’s not the Big Secret about how the very nature of Time itself operates.
Here’s a Tease of the World’s Dirtiest Secret
“Core Thesis
Certain high-salience events recur not because history repeats, but because societies under long-wave stress express anxiety through predictable symbolic shocks. Kidnappings, crashes, scandals, shortages, and moral panics are not causes — they are markers.”
Yes, that’s right.
The Guthrie case (as we explained Thursday) is a temporal echo of the Lindbergh kidnapping of 1932. And the collapse of Bitcoin pricing? A very good – almost frighteningly good – match to the pyramiding scheme of Mr. Ponzi.
Next Week’s Peoplenomics report is already 60-pages in length. And it’s all about this science of rhymed history stuff. In fact – on page 3 of the report – this is interesting to ponder:
Forgive me for taking a somewhat detached view of secular events. But the research continues. as does the Guthrie case. If you’re still waking up? Nancy Guthrie latest: Derrick Callella of Torrance, California arrested for demanding Bitcoin ransom from family – ABC7 Los Angeles
BUT – and this is key – she hasn’t been found as of post time here. Our worst fear is that like the Lingbergh case, this one will echo for four years, or longer.
But that’s not the “dirty secret.” Nope. It’s about the Mayan Calendar – it’s about G.A. Stewart’s work on laying out Nostradamus quatrains. It’s about Clif High’s work on linguistic shifts on the internet preceding temporal events. And, around here, it’s about a new “science of time” which can be distilled from State-Extreme / Variance-from-Mean Analysis.
Which is cyclical. It’s Mayan, it’s Nosty, it’s RVers, (remote viewers, not diesel pushers), it’s web bots, and it’s reducible to practicum.
Still, even when you sight a “new continent” of thought/science, experiments must be run. Which we are doing now. Investing hard long at Thursday’s low because this week appears to be an extreme variance from mean.
Can you imagine it? A kind of investing where you don’t invest in price. But, instead, you invest in state-change? (I should have done the 10 more credits and finished the doctorate, I guess. There are ultra-deep statistical/temporal concepts involved.)
Here’s wishing you luck with your experiments, too.
Oh, and if someone claims to have invented “price-independent extreme state-variance” remember where you heard it first.
One More Deeply: Epstein is Teapot Dome
Still skeptical of what Clif called us “time monk” types? Here’s one more tumbler that as been quietly clicking while the unaware snoozed through it.
The moral crisis that directly preceded the Great Depression. The one Epstein mimics closely in terms of moral breach.
By 1927–1929, the U.S. was experiencing a stacked crisis environment:
Public trust in institutions was already eroded. But do you see the timing? Epstein is (reputedly) dead and his helper in jail? Yet how many of those “thought leader” publications have called it out with reasonable specificity?
Teapot Dome didn’t crash the economy. It taught the public who the economy really worked for — so when the crash came, no one rushed to defend it.
Oh my, are you seeing the echo and the Replay of 1929 now?
Conception of the Future
This may be useful if you, too, are looking for a “leg up on life” by going deep into understanding the “about to happen” future.
There’s a chessboard angle to it. The aircraft carrier Bush will arrive mid-next week in the Med.
There is a personal anguish angle. Buzz on the web is Donald Trump is deeply compromised by Israel so it’s Iran and WW III or personal disgrace of a vile sort. Eppy fallout. Doesn’t have to be true, just reporting the web contexts.
There is an element of economics to it. The jobs numbers this week were disastrous. The U.S. (and all other world powers) need some way to keep workers bringing in taxable paychecks to keep the gerbyl wheels spinning.
And there’s Deep Math. Under it all – substrate – ontology – there’s a method of projection what market analytics point toward, yet are almost never fed-forward as event predictors.
As I explain in my book Mind Amplifiers, people don’t think about thinking enough. Cross-domain explorations become critically useful as complexity nears the “sand pile collapse” moment.
Thanks to AI, we can each train our own doppelthinker. And they are incredible thinking partners.
Around the Ranch: Busy as hell.
Go see my other scribbles this week. ShopTalk Sunday will be along.
Oh, look! The futures are up strongly. Maybe the “close-in time field” will express, as it always does?
With only the Fed Consumer Debt report today, America’s duopoly is asking the faithful to fly with no instruments (like government econ data) through dangerous skies.
Enjoy the Kool-Aid. Try not to notice America’s full-immersion into a sensory deprivation tank.
Write when the rally shows up, Before the War.
Read the full article here
