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Getting Started

Getting Started

BITCOIN - AND - BACKGROUND OF TRADFI LITERACY

NOT LEGAL ADVICE / NOT FINANCIAL ADVICE

#STEAM PROJECTS AT GRADE LEVEL

SCIENCE / ECONOMICS / BLOCKCHAIN / NETWORKS / NODES
TECHNOLOGY Learn to Code / Build a Node with Umbril
ENGLISH  Write an explainer video then link and upload your work to your school site, vimeo or youtube then link it to your video proejct from your school information page on this site.
ARTS  Produce the explainer video that changes people's perception of bitcoin.
MATH Lightening / Umbril / Bitcoin hash rates work and keeps Bitcoin Secure

2022 The math scores of 9-year-olds nationwide dropped for the first time ever during the pandemic. How did scores differ by student group?

SEARCH PROJECT #HASHTAGS

#Bitcoin #eSports #EdTech #STEM #STEAM #RasberryPieNodes #VocationalTraining #EGAMES

Bitcoin
 BITCOIN IS FINANCIAL LITERACY FOR THE 21ST CENTURY

EDUCATE ►LIBERATE ► AND DISRUPT

What is Bitcoin?

THIS IS WHY WE BITCOIN Peter Van Valkenburgh @valkenburgh Director of Research at CoinCenter

Bitcoin is digital power. There are only 21 million.
Fiat Money is from the iron age, and the industrial age.
Bitcoin is an invention of the Digital Information Age, it is digital unconfiscatable property.

When there is no electricity you can also  mine #bitcoin using only a pencil and paper or a ham radio.

#BITCOIN RULES

-Cold wallets have a 10 year lifespan.
- Buy a hard wallet.
- Learn how to properly use a paper wallet <
- If you're planning on holding a coin, take it off the exchange.
- Split up your coins among several wallets.
- Use unique emails for EVERYTHING.
- Use a VPN.

SUMMARY

Bitcoinis digital money created for the internet in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks!
Bitcoin was conceived as a form of permissionless money, recorded on a decentralized ledger known as a blockchain. Transactions on the blockchain ledger are immutable and transparent, and they can’t be censored. The wealthiest users can’t change the rules of the system in their favor, nor can they block the poorest users from having access to it. The only technology anyone on Earth needs to take part on equal terms in the network is a phone with internet access.

 

WHY SATOSHI INVENTED BITCOIN

Because . . . what is your most precious asset?

BITCOIN BUYS YOUR TIME.
Your real wealth is to own your time and your freedom, Money is only a tool corresponding to your time. It is a container for storing your economic energy until you are ready to use it.

BITCOIN IS THE SEPARATION BEWTWEEN MONEY AND STATE

Helps to protect your purchasing power unlike the dollar which has been losing value since the 1900s.

Bitcoin Facts You Need to Know

Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto

laser  ► CrytoCurrency Book

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#Bitcoin #CryptoCurrency #Financial Literacy that State Departments of Education, School Districts, Educational Technologists, Superintendents, Principals, School Boards, and Teachers Need To Know:

FACT: School Districts can run a Lightning Network node, self-host open source apps, cut out the middlemen, and use Bitcoin to its full potential. For free. SCROLL BELOW FOR THE BUILDERS DEN

3 in 4 Teachers #edtech #edtechchat HAVE NOT BEEN TRAINED on phishing and ransomware protection, or on addressing videoconferencing risks —  cdt

 

#MATH

 

US dollar 1913-2021
$1 in 1913 = $27.25 today
$1 in 1971 = $6.69 today
$1 in 2009 = $1.26 today

1 ONE WHOLE BITCOIN  = 10,000,000 sats (SATOSHI)
You do not need to buy one whole bitcoin to some.
Stack Sats: 10 Million Sats, makes you a Satoshi Millionaire.

Example 4.12345678 = 4 BITCOINS AND THE REST GET DIVIDED INTO

STEAM

 

 

 

 

 

Apple Co-Founder, Steve Wozniak: “Bitcoin Is The Most Amazing Mathematical Miracle”
Back in June 2018, he said that he wants BTC to become the single world currency.

 

#SCIENCE #ENVIRONMENTAL #BITCOIN MINING JOBS

The @PennsylvaniaDEP estimates it would cost more than $5 billion to clean up all of the state’s abandoned coal mines. What if there was a profitable - and a crypto - way to do it? Deep in a valley in Pennsylvania coal country, investors are powering computers to mine Bitcoin - and cleaning up old coal waste sites in the process.

The Bitcoin Mine Down The Road by @6abc
Action News reporter Matt O'Donnell

STRONGHOLD Bitcoin Mining

using waste from old coal mines saves Pennsylvania +$5 Billion!
How waste from old coal mine is powering a Bitcoin mine in a Pennsylvania town Nesquehoning, tucked into a valley in Pennsylvania coal country, is the site of America’s newest, large-scale Bitcoin mine.

Bill Spence, a cancer survivor who grew up in PA coal country, came up with a way to clean up the state’s piles of coal waste: Mine@bitcoin

video Nesquehoning, tucked into a valley in Pennsylvania coal country, is the site of America's newest, large-scale Bitcoin mine. Publicly-traded Stronghold Digital Mining purchased the Panther Creek Energy Facility, a defunct coal plant in town, to power its Bitcoin mine. Investors are powering computers to mine Bitcoin and cleaning up old coal waste sites in the process.

BITCOIN MINING CLEANS THE ENVIRONMENT IN PA Channel 6 News @6abc10/15/22

Matt O'Donnell will take you Inside a bitcoin mine on Action News
At the Panther Creek plant in Carbon County, Pennsylvania, the waste from old coal mines is being used to power a Bitcoin mine and sell electricity.

#BTC #Bitcoin Video Our Action News special report sparks debate
Matt O'Donnell @matt_odonnell Channel 6 News @6abc video

➡️ How beneficial is this for the environment?
➡️ Is @Bitcoin a worthwhile currency anyway?
➡️ If Stronghold Digital doesn’t clean up PA coal waste, who does?
https://6abc.com/bitcoin-mining-cryptocurrency-panther-creek-plant-stronghold-digital/12324696/

1-28-22 LeBron James and CryptoCom to Provide Crypto Education for Kids

2021 New York’s mayor Eric Adams says crypto should be taught in schools
New York City mayor-elect Eric Adams thinks that schools should add cryptocurrency and blockchain technology to the curriculum. In an interview with CNN’s “State of the Union,” Eric Adams said that bitcoin is the “new way of paying for goods and services throughout the entire globe” and that schools “must” teach the technology behind it.

 

►#BITCOIN #JOBS

@bitcoinjobboard

@BitcoinerJobs

Marshall Long @OGBTCLargest $BTC Miner worldwide. #Esports
Come work with me! email resume to jobs [ @ ] miningjobs.io Tell em OGBTC sent you!

Best Places to Work in the Federal Government® rankings are produced by the nonprofit, nonpartisan Partnership for Public Service. The 2017 rankings include the views of more than 498,000 civil servants from 410 federal organizations on a wide range of workplace topics.  The rankings, first released in 2003, provide a mechanism to hold agency leaders accountable for the health of their organizations, serve as an early warning sign for agencies in trouble and offer a roadmap for improvement.

 

► #BITCOIN HELPERS

Why kids need #Bitcoin and all the support from the community.

@chaintuts - Ask Josh McIntyre
Full timer @Microsoft, tech educator Cryptocurrency Technology Education
Articles / Tutorials https://chaintuts.com/
My website https://chaintuts.com is full of resources, and I also might be available to answer specific questions for educators. Josh McIntyre (chaintuts)

Will Block @spiceylizardWilkes-Barre, PA provides an educational tutorial for beginners

Monty (818) 298-3292 @dplsurve 
Bitcoin Educators Launch Embassies, Crypto Kids Camps, Universities And Curated Book Lists

Matthew Green,
assistant professor at the Johns Hopkins University Information Security Institute, said: “[This is] bad news for privacy, because it means that in addition to the really hard problem of making the actual transactions private … you also have to make sure all the network connections [are secure].”

The FDIC Insures Bank Accounts, but Not Your Privacy or Security
Your money may be safe at the bank, but that doesn't mean your #data is.
The FDIC’s Handling of the Information Security Incidents

Cryptocurrencies: Last Week Tonight with John Oliver

Johoe's Bitcoin Mempool Statistics
https://jochen-hoenicke.de/queue/#BTC,2h,count

Get rid of the Digital Divide
The extent of United States digital divide in two charts

Map of Bitcoin nodes worldwide

 

 

Some options for Kids:

My favorite hardware wallet for storing Bitcoin: TRESOR

How to Buy and Store Bitcoin (The Right Way)

Eric Podwojski @epodrulz Bitcoin Educator Tweets about the best Bitcoin content for beginners

Paying your kids for their chores in Sats #Bitcoin

You can never start too early with teaching your children how to code.
2021 Illinois Becomes the First State to Require Media Literacy Classes for High School Students

This one is for your family to start the conversation. It's also for your buddy that keeps saying you're crazy for buying Bitcoin. https://bitcoinforkiddos.com/

WHY KIDS NEED BITCOIN - VIDEO by  BITCOIN CHARLOTTE @Bitcoin_CLT

Looking Glass Education a pleb-built curriculum for K12 schools!

 

OPTIONS FOR TEENS IN HIGH SCHOOL

Matthew Kratter, Trader University in particular

Bitcoin for Beginners In this video, I discuss all of the basics of Bitcoin that a beginner should know. I talk about my price targets for Bitcoin, Bitcoin's founder Satoshi Nakamoto, Bitcoin miners, and how Bitcoin has begun to function as a store of value, where I like to buy Bitcoin, and how to store it safely.
Can You Actually Buy Anything With Bitcoin?

Bitcoin: The Lightning Network
Bitcoin Lightning Network: How to Send and Receive Payments

The Saylor Academy added another 66,570 new student accounts in Q2 of 2021 and had a total enrollment of 948,995. We are committed to providing education free for everyone, everywhere.
Saylor Academy @saylordotorg is a nonprofit initiative working since 2008 to offer free and open online courses to all who want to learn. We offer nearly 100 full-length courses at the college and professional levels, each built by subject matter experts. All courses are available to complete — at your pace, on your schedule, and free of cost.
@ahmedrehman800 "Thank you @michael_saylor for opening this wonderful academy so every one can get the basic knowledge for free, "education is for everyone". LEARN

@Adam Back Cypherpunk, cryptographer, privacy/ecash, investor hashcash ( used Bitcoin mining) phD Comp Sci Co-Founder/CEO http://blockstream.com

 

► DEFEAT THE DIGITAL DIVIDE

WHEN THERE IS NOT ELECTRICITY YOU CAN USE A #HAM #RADIO

BITCOIN SENT HAM RADIO - BECAUSE YOU CAN @nvk

"Completely Offline Bitcoin Transactions

#BlockstreamSatellite  #GoTenna #MeshNetwork
Receiving the broadcast is free.  Re: trustlessness. You can always check latest block hash via low bandwidth means. Don’t trust. Verify.
Transactions can be broadcasted via SMS, by mesh networking devices, and even sneakernet (simply transporting the signed raw transaction data on a flash drive or printed QR code) GoTenna sells a simple to use mesh networking device, which along with a piece of software called TxTenna can broadcast Bitcoin transactions to a local mesh network of GoTennas. There is also growing interest and work being done on LoRaWAN — a similar mesh networking technology. With this hardware setup, anyone can send and receive bitcoin without an internet connection. It’s resistant to network outages and can also maintain uptime through power outages since all of the hardware is run off batteries. The hardware can of course be run off of gasoline generators or solar panels if the power outage is longer lasting. TxTenna you can broadcast via GoTenna mesh network or via SMS. The range is less than a mile in-town, .5w UHF transmitter. You could use a repeater to extend the range.

Burst designed as part of humanitarian relief
Burst Coin Developers Broadcasted A Transaction Via Radio Waves And A Solar-Powered System Burst claims to have performed the first entirely off-the-grid blockchain transaction, paving the way to enable the processing of transactions even in remote and disaster-stricken areas using only solar power and radio waves. see this

Bitcoin Seed XOR Wallet
a plausibly deniable means of storing secrets in two or more parts that look and behave just like the original secret. One 24-word seed phrase becomes two or more parts that are also BIP-39 compatible seeds phrases. These should be backed up in your preferred method, metal or otherwise. These parts can be individually loaded with honeypot funds as each one is 24 words, with the 24th being the checksum and will work as such in any normal BIP-39 compatible wallet.
Coinkite, makers of @COLDCARDwallet, @OPENDIME& @BitcoinBackup - for help email support@coinkite.com
XOR is the single best security upgrade for the average #Bitcoin user since the hardware wallet.

 

BUILDERS DEN

Helping educators teach the wonderful world of electronics, and programming, to makers of all ages. Adafruit provides the tools to make it easy to teach electronics. Adafruit sells a wide range of products for all skill levels. We carry all of the most popular boards including Circuit Playground, Feather, Arduino-compatible, Raspberry Pi, micro:bit, and more.

MAKERS / HACKERS / STUDENTS / EDUCATORS 

Adafruit provides the tools to make it easy to teach electronics.

Inspiring Technology Projects https://www.adafruit.com/

Build a 6502 computer | Ben Eater https://eater.net/6502

 

BUILD A NODE

The Node Box Guide video series is designed to help you learn and understand more about how to create your own fully featured bitcoin node. I cover it from the ground up. The playlist has been released and can be found below.

Mastering Lightning with Andreas M. Antonopoulos & René Pickhardt
https://youtu.be/zG8PZsHLung

Telegram users
HOWTO ///  by Rajwinder Singh

Detailed user manual: http://litmocracy.blogspot.com/2019/09/user-manual-for-lntxbot.html and https://twitter.com/LNTXBOT

 

LIGHTNING NETWORK

Lightning 101: What is the Lightning Network?
Lightning would be a perfect vehicle because the payments fees are small and settle instantly. Students download LN wallets, send sats around, using @LNTXBOT to send sats in telegram messages would be very effective with K-12 gamification experiences.

Lightning 101: What is the Lightning Network?
https://medium.com/suredbits/lightning-101-what-is-the-lightning-network-de3e026f3c14

FACT: Run your personal Bitcoin and Lighting Network Node #LightningNetworkNode, self-host open source apps, cut out the middlemen, and use Bitcoin to its full potential. For free.

Build a #LightningNode https://getumbrel.com/

Bootstrapping a LN node with 10 channels, 20M sats capacity including 8M sats inbound.. using only 1 onchain transaction locking 12M sats of your own bitcoin.

How to start and use the Lightening Bot in Telegram by Rajwinder Singh If you want to learn about running a node we have plebnet, check this wiki - https://github.com/PLEBNET/wiki

  • Telegram Messages Magically enabled by Bitcoin Layer 2 network. Fast, almost free micropayments.

 

GAMES

GAME THEORY: GAMES #EGAMES - BOARD GAMES - PLAYGROUND GAMES

No Code Games | Anyone Can Learn https://axieinfinity.com

#Axie Battle Collect Earn https://axieinfinity.com
Axie Infinity is a Pokémon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets.
All art assets and Axie genetic data can be easily accessed by 3rd parties, allowing community developers to build their own tools and experiences in the Axie Infinity universe.
10/5/2021 Popular play-to-earn game @AxieInfinity has generated close to $2.3 billion in total sales volume since it was first launched in 2018.

Next generation #Bitcoin devs --  Cubetto playset since that contains the robot and controller.

#Games Free to Play https://www.ea.com/games/library/freetoplay

#Games Girls Play https://www.girlsgogames.com/games/girls

GameDev.tv Courses - Learn to Code Games -Blender, Unreal, C#, C++

The ED Games Expo (June 1-6) has moved online.  Attendees will have the opportunity to demo learning games and technology and interact with developers virtually.  The agenda presents the schedule and information on how to access 35 online events occurring during the week.

BenTristem @bulldogben Now Teaching Crypto at Ben's Bitcoin Basics Founder of http://GameDev.tv Creating a billion new developers.  wikipedia

BLOCK CHAIN GAME

GAME The first and only STEM certified Bitcoin card game!
Best in Stem bridging the gap between #STEM and #Bitcoin education.
Kids and adults agree that SHAmory is the Bitcoin card game with the perfect mixture of fun and education for anyone interested in learning about Bitcoin. As a result, you will learn the basics of how mining works while earning Bitcoin rewards for each block you mine. Grab a friend and order your Bitcoin playing card game today


@PlaySHAmory
SHAmory is the first and only STEM Authenticated Bitcoin themed card game. Kids and adults will have a blast playing while being exposed to key features that have kept the Bitcoin blockchain secure over the past decade. Kids and adults agree that SHAmory is the Bitcoin card game with the perfect mixture of fun and education for anyone interested in learning about Bitcoin. As a result, you will learn the basics of how mining works while earning Bitcoin rewards for each block you mine.

@ScottMSibley

SECURITY - PRIVACY

Cryptocurrency is global money controlled by the people of the world and outside the manipulation of the US Banks. It is borderless cash. The U.S. National Security Agency (NSA) has been monitoring the Bitcoin’s blockchain network with an aim to identify users.

There is NO cryptocurrency transaction that is private - NONE! It can be seen and tracked by any agency.

If you hold/trade crypto using a business entity, lost/stolen crypto is a write off, otherwise it isn't.

► K12 CYBER SECURITY IS TAUGHT AND PRACTICED

WALLETS
Buy a hard wallet. Learn how to properly use a paper wallet. If you're planning on holding a coin, take it off the exchange. Split up your coins among several wallets.
Cold wallets have a 10 year lifespan. Use unique emails for EVERYTHING.  Use a VPN.

Warning: Students and rogue government employees mine for the virtual currencies, in some cases using computer equipment, electrical power and network processing power that belongs to their schools or employers. The first sign that bitcoin mining might be happening would be a higher than usual electricity bill, according to Johannes Ullrich, head of the SANS Internet Storm Center. The Leominster Public Schools District has become the latest victim of a Bitcoin ransomware cyberattack.

School Districts Do Get Hacked: The school district was forced to pay $10,000 in Bitcoin to unlock their system. New Jersey school district Swedesboro-Woolwich is a victim of crypto-ransomware. It also has prevented any students from taking the scheduled PARCC exams, which are entirely computerized."

Why aren't schools required to report ransomware?
According to Emsisoft, 58 schools and school districts have publicly reported ransomware attacks in 2021, but we know this is only a fraction of the actual figure. Public officials and industry experts acknowledge that the rise in attacks is a national crisis, yet most schools are still not required to report ransomware — why?

Bitcoin - Who to Contact

BACKGROUND

laser


 

Twitter acct. U.S. Department of Education

 TRADITIONAL FINANCIAL LITERACY AND COLLEGE DEBT

Fiat Money is from the iron age, and the industrial age.

5/2021 The National Assessment Governing Board (NAGB) and NCES analysis of the 2019 National Assessment of Educational Progress (NAEP) science results for grades 4, 8, and 12.  Only a third of fourth and eighth graders and fewer than one in four high school seniors performed proficiently (blog post).

Acting Assistant Secretary for Career, Technical, and Adult Education Amy Loyd provides an update on the accountability and reporting requirements for the 2020-21 school year under the Carl D. Perkins Career and Technical Education Act.

Image removed.PRIVATE DEBT 1.5 TRILLION 2019 

Federal Watchdog Issues Scathing Report On Ed Department’s Handling Of Student Loans

DO YOU REALLY NEED A COLLEGE EDUCATION AND ALL THAT DEBT? NO YOU DON'T.

Pedigree only goes so far, prestige education only goes so far. You ultimately enter the world and then what happens? Ask a bigwig if they can define "algorithm." Ask then listen and learn how people got from there to here. Talk to smart people no matter where they come from ~ Tony Hsieh's Airstream Park.

You can earn a decent living without a four-year degree

Despite images of shuttered factories and a chorus of high school voices chanting the virtues of college, you do not have to get a four-year degree to earn a decent living.

College students use financial aid money to invest in bitcoin

More than 20 percent of students report that they've invested in cryptocurrencies with their student loans. Undergraduate students received on average around $4,600 in federal loans in the 2016-2017. A student who spends their student loans on cryptocurrencies is violating their agreement with the government because Investing is not an educational expense, so it's against the rules to use your student loan money to buy cryptocurrencies. Plus, any gains are likely to be offset, by the taxes a student would have to pay on them along with the fees and interest that come with student loans. Any extra funds, you didn't use can be returned through your bursar's office to cancel out some of your debt.

2018 FSA holds nearly $1.5 trillion in outstanding federal loans (more than $10,000 for each and every American taxpayer); only 24% of borrowers are currently paying down both principal and interest; and 43% of all federal loans are considered “in distress”

US student debt just hit $1.5 TRILLION.$1,500,000,000,000

We’re watching the government banks steal a generation’s future right in front of our eyes.
If the big banks are allowed to borrow money from the Federal Reserve at nearly zero interest, then why are those with student debt forced to pay up to 7 percent? Lowering the interest rates would help the millions of Americans who are falling behind on their payments.

It took 42 years—1965 until 2007—for the student loan balance to grow to 500 billion dollars. It took only six years for the loan balance to double—to one trillion dollars—in 2013. One-seventh the amount of time it took to get to 500 billion.

And today, only five years later, FSA holds nearly 1.5 trillion dollars in outstanding loans.

1.5 trillion dollars is almost impossible to fathom. So, let me put it this way: 1.5 trillion dollars is more than 10 thousand dollars of someone else's student loan debt for each and every American taxpayer—145 million of them.

At 1.5 trillion dollars, FSA's loan portfolio is now one-third of the Federal government's balance sheet. Last year, uncollateralized student loans—which are all of them, by the way—accounted for over 30 percent of all federal assets.

2018 Pa., N.J. students plunged deep into college debt by high tuition, broken programs and customer service horrors

"Global public and private debt has reached 225% of global GDP (higher than 2009)

Total debt is now: $164 Trillion Bitcoin market cap: $140 billion (less than 0.1% of global debt) ... please tell me again where the bubble is?" Alistair Milne

In 2014 venture capitalist Nick Hanauer, an early investor in Amazon, bylined an article at Politico with the title: The Pitchforks Are Coming. . . for Us Plutocrats. Hanauer warned his fellow plutocrats as follows:

“. . . I have a message for my fellow filthy rich, for all of us who live in our gated bubble worlds: Wake up, people. It won’t last.

“If we don’t do something to fix the glaring inequities in this economy, the pitchforks are going to come for us. No society can sustain this kind of rising inequality. In fact, there is no example in human history where wealth accumulated like this and the pitchforks didn’t eventually come out. You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None. It’s not if, it’s when.”

Amazon has a patent for caging humans in robot work zones.
The patent was called “an extraordinary illustration of worker alienation, a stark moment in the relationship between humans and machines” by researchers who highlighted it in a study vs A cage to protect employees in a safety zone is not the same as "caging humans."
https://www.seattletimes.com/business/amazon/amazon-has-patented-a-system-that-would-put-workers-in-a-cage-on-top-of-a-robot/

Wealth Inequality Is Way Worse Than You Think, And Tax Havens Play A Big Role

Google reaped millions in tax breaks as it secretly expanded its real estate footprint across the U.S. 
“Google — which has risen to become one of the world’s most valuable companies by transforming the public’s ability to access information — has vastly expanded its geographic footprint over the past decade, building more than 15 data centers on three continents and 70 offices worldwide. But that development spree has often been shrouded in secrecy, making it nearly impossible for some communities to know, let alone protest or debate, who is using their land, their resources and their tax dollars until after the fact. Washington Post

Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits
http://fortune.com/2019/02/14/amazon-doesnt-pay-federal-taxes-2019/

“The richest 1% of Americans currently own a whopping 40% of total household wealth.” #TaxTheRich In the United States, wealth has become more concentrated since at any time since the “Roaring” 1920s, Zucman says. The richest 1% of Americans currently own a whopping 40% of total household wealth. Zucman identifies another dubious honor for the United States: “No country (apart from Russia) for which estimates of wealth inequality are available has similarly high recorded levels of wealth inequality.”

The Cost of Dirty Money January 28, 2019
Since the financial crisis, dozens of crackdowns have targeted money launderers who effectively rely on banks, shell companies, and other mechanisms to cover their tracks. Fines have surged into the billions of dollars, but it’s unclear whether the enforcement efforts—some of the more notable ones are described here—have made much of a dent. According to the United Nations Office on Drugs and Crime, shady transactions continue to reach as much as $2 trillion a year.
https://www.bloomberg.com/graphics/2019-dirty-money/

 

RICH AS HELL: CHASING FINANCIAL WEALTH OF THE .01% -- FOR THE 1%

► FINANCIAL CURRICULA FOR THE K-12 CLASSROOM

Rich As HellMoney is from the iron age, and the industrial age.

RICH AS HELL™  Tells the complete story behind money, finance, and chasing financial Security. We want to help parents, and all educators discuss Financial Literacy with their students in the classroom and with their family.

 

#finlit #Bitcoin #CryptoCurrency #Technology #Security #Civics #edtech #edchat #science #math  #code

How The Court System is Used to Send Debtors to Jail
1 in 3 Americans has a debt that has been turned over to a private collection agency.

Debtors' prisons were abolished by Congress in 1833 and are thought to be a relic of the Dickensian past. In reality, private debt collectors --- empowered by the courts and prosecutors' offices --- are using the criminal justice system to punish debtors and terrorize them into paying, even when a debt is in dispute or when the debtor has no ability to pay.
The criminalization of private debt happens when judges, at the request of collection agencies, issue arrest warrants for people who failed to appear in court to deal with unpaid civil debt judgments. In many cases, the debtors were unaware they were sued or had not received notice to show up in court.

UNIVERSAL BASIC INCOME

Google’s Chief Futurist says Universal Basic income will spread worldwide by the 2030s

Who is Ray Kurzweil? He’s Google’s Director of Engineering, is a well-known futurist with a high-hitting track record for accurate predictions. Of his 147 predictions since the 1990s, Kurzweil claims an 86 percent accuracy rate.  Basic income will be widespread by the 2030s according to Kurzweil, one of the most recognizable futurists on Earth.

THE POST WORK FUTURE

THE WORLD WITHOUT WORK IS HERE!!

TAX EVERY COMPANY THE HUMAN WAGE FOR EACH ROBOT AND SELF DRIVING CAR THEY EMPLOY.
Low unemployment, little inflation, and no real gains in household incomes, which continue to shrink is the labor market breaks all of rules. Every dollar, yen, or renminbi of value created in the economies of today is done so with less and less work.

DEMAND UNIVERSAL BASIC INCOME NOW FROM POLITICIANS
The basics of a decent life will be uncoupled from “jobs” Because in a world where “jobs” are themselves things of the past, tying one’s ability to get a job will undermine the myth that “poor people are lazy” to “everyone deserves an income. A world without work threatens to collapse societies whose social contracts are still written for an industrial age.

If US GDP were distributed equally, every household would make $160,000 per year.

2019 The U.S. citizens should earn $15.00 and hour and   tax the 5% people 70%.

  • 5% of the people have inherited generational wealth = $5 million and above each year
  • 15% of the people are earning $100,000.oo a year and own a house  =  middle class
  • 80% the last group will need to be taken care of by their family or will need to work when they are old.

Something has profoundly changed at the heart of the economy. They are replacing whole categories of workers, in accounting, law, and medicine. They are replacing whole industries advertising and media at Google and Facebook.  That something is technology and automation. Algorithms are replacing whole categories of managers at Uber and Amazon.

More and more of what nations produce — $20 trillion worth for the US — is produced without human intervention. What’s true for the US is true for every advanced economy in the world. We are well past the point where people in rich countries could earn middle class lives if incomes were distributed equally.

THE WORKLESS ECONOMY

Jobs are disappearing but the fruits of a workless economy are not being allocated well: justly, efficiently, effectively, optimally in ways that allow societies to prosper buy instead will collapse into something like lawless neofeudal oligarchies. Middle classes and poor will become something like serfs and peasants, while those who “own” the algorithms that manage the workless economy will be something like lords and barons, with absolute power. When work itself is a scarce commodity, the serfs and peasants ability to live will be dependent on the patronage of the right nobles, just as in previous eras of human history.

TRUMP TAX CUT 4/17/19
In 2018 alone, major corporations have authorized more than $250 BILLION in stock buybacks benefiting wealthy shareholders & executives – instead of raising wages for American workers. Just in time for tax day: record stock buybacks are coming. But wages for workers, “aren’t growing as fast as we thought.” That’s the #GOPTaxScam. ~ Sen. Ron Wyden 
https://twitter.com/RonWyden/status/985993385382240257