Below are my notes from the video posted as Timeline for Global Crypto-Currency Acceptance, Digitizing Commodities & Mini Ice Age Crop Losses, by · August 16, 2017. IWB says the first 35 minutes of the video, “covers the method to internationalize ALL property, commodities, labor and assets onto their ACC Blockchain & Token, controlled by the Bank of International Settlements through China’s quantum network.” That’s quite a mouthful, and we will unpack it below. The blockchain in question is the Asset Collection Chain (ACC is the token, i.e., the coin), operated by the Guiyang Blockchain Financial Company in China.
My Notes from the video:
David DuByne introduces his video by predicting crop losses do to a sort of mini- ice age that is to kick off during 2018, and that this will precipitate the collapse of the fiat money system and the rise of the blockchain-based “SDR” going by the name of the Asset Collection Coin (ACC) – which has just been rolled out in China. He is following the research of Zarkoff, Sarkova, Shepherd, and Popov (not sure of their spelling). And he gives a shout-out to Crypto, J-Snip4, Clif High, and Suspicious Observers. His post includes lots of links that can be investigated. The actual “2030 Documentary” starts at 3:15 minutes. Here we go…
Part I: Digitizing Physical Assets
ACChain & the Chinese Government’s Five Year Plan
DuByne is a westerner who has worked in China and Myanmar (Burma) for almost a decade. He speaks Chinese. He says that as proof cases, tea, alcohol, real estate, and grains (CORN coin) have already been digitized; and that by late 2018 and into 2019 cold weather crop losses will have damaged the food production/distribution chain so badly that international trade will be failing do to deteriorating credit and rising insolvencies. People, businesses, and governments will turn to smart contracts on the blockchain when transferring goods internationally, because they can be trusted.
As for the ACC, he points out that the January, 1988, issue of The Economist magazine headlined “Get ready for a world currency” on the cover with a Phoenix standing atop a pile of burning fiat currency and a 2018 issue coin around its neck. Below is a snapshot.
He sees a parallel between the logo on the coin and the logo of ACC. I agree. In my opinion, the symbology references the ancient diety, Anu, and the Phoenix is a symbol of his return to power and glory which has yet to fully come. By comparing the ancient image below, you can see that the bar through the ring symbolizes Anu, himself.
For more on this fascinating connection, see Giants used Cymatics and some more links I will add at the bottom of this post.
The logo of the ACC bears significant relation to the logo on the coin depicted on the magazine cover, especially once you have identified the bar in the circle as the Phoenix, and consider the present-day hermetic (occultic, illuminist) political theme of “The Phoenix” or military/intelligence arm, “Phoenix Rising“.
Here is a current participant in what we could call the Phoenix cult, displaying her allegiance by wearing a Phoenix pin.
In the ACChain logo, the double chevron rising into the circle represents Anu rising from the ashes of his ancient destruction (and as per The Economist cover, from the ashes of the destruction of our present fiat system) to achieve his power again.
As further evidence of this link, compare the NASA logo, which in its case is focusing on the dream of flight between the earth and the stars as first expressed by the ancient Sumerians in their myths of Anu and the Anunnaki.
Irrespective of all this, DuByne believes that smart contract cryptocurrency technology is the wave of the future.
He talks about the digitizing of tea and liquor which was done in China. Specific batches of tea and of liquor that had been produced and were stored in China were tokenized by creating a coin token to represent each batch, and then transferring ownership of these commodities through an initial coin offering (ICO). These ICOs are attracting significant capital. Over $15 billion has gone into the tea coins alone. Those purchasing the coins were entering smart contracts with the people warehousing the goods, in which the goods could be delivered to the new owners according the the requirements in the contracts, or the owners could hold the tokens while the value of the underlying assets appreciates (as does happen with these tea and liquor products). DuByne points out that this amount of money can’t flow into financial instruments in China without “absolute government approval,” although in this extremely fast moving industry, these ICOs may have completed before the government of China decided to tighten their regulations – which they have since done.
The specific tea and liquor contracts mentioned were tokenized based on a regional cryptocurrency called Node Primary Coin (NPC), which in turn is a tokenization of ACC coins. The NPC white paper calls NPC, “the super-node home currency inside the AC chain.” It is a “complete asset digitalization tool.” The image below shows a coin for a specific type of commodity (real estate) that was created, based on the regional NPC, which is based on the universal ACC (apparently intended to be the basis for all regions and commodities).
ACC was traded on a Korean exchange called loicion, which website seems to be dead, and is traded on Neraex, Jubi, and AllCoin as I write. The AC Chain is designed to be tokenizable into three types of tokens: equities, applications, and commodities.
He says that internet rumors say that the ACC will be linked to the Special Drawing Rights (SDR) of the International Monetary Fund (IMF) and/or Bank of International Settlements (BIS). DuByne says that while he has not found confirmation of this, “knowing China the way I do, they definitely would not be advertising. They would use a third party intermediary to get everything set up so there would be no attention drawn to that. They will not announce this until it’s already up and running … . There’s no way they’re going to broadcast their move before this is ready to go.”
The ACChain white paper actually refers to it as an SDR. It says that when the mainstream cryptocurrencies on the market are exchanged into the ACC,
they will jointly form the digital asset interchange object – SDR digital currency. … Each global node will establish (a) regional “general ledger token” (GLT) for regional circulation, thus, the digital currency SDR will be the main exchange coin along with tokens of each international node’s general ledger token in the international exchange. In this ecosystem each node’s token can use GLT to realize regional circulation … and use ACC to realize international circulation.
The white paper for the real estate token, RET, mentioned above, defines Digital Asset SDR (Special Drawing Rights) as, “formed by BTC, ETH, ACC and other mainstream digital assets, used as the payment settlement units and accounting methods.” It defines ACCHAIN, “As global open source community, it is also a decentralized assets digitization platform and tool.”
The NPC appears to be the first of these regional super-node tokens, and the Chinese government has a 5 year plan to issue one of its own.
More super-nodes are being discovered. There is one in Canada – or it might better be said, North America.
Lastly, DuByne gets to quantum communication, saying that China is deploying an unhackable satellite based quantum internet backbone that can handle the volume of transactions required. It should be operational as of the end of August, 2017. For more on this, visit my earlier post, The Death of Bitcoin and its Race.
I have not listened to Parts II or III, which are identified below. I’ll leave that to you.
Part II: Intensifying Grand Solar Minimum Crushes the Global Economy
Soaring Food Prices = Smart Contracts for Global Ag Commodities
The “grand solar minimum”, which he says is starting now, will cause colder weather and radically rising costs for agricultural commodities. As this begins, and creditworthiness around the world degrades, these commodities will be digitized and trade will take place through their tokens. The blockchain does not require trust or lines of credit, and streamlines and replaces too many costly services surrounding trade for this not to be the case.
Part III: Global Acceptance of Digital Currency / Crypto Currency
We will all buy and sell food and agricultural commodities using smart contracts when the economy crashes.
August 19, 2017
by Larry White
… At this time based on the evidence … it seems likely to me that ACChain is … a private venture that is marketing what they feel could be a new concept for the use of blockchain technology and is using Collins Barrow in Canada to help promote the idea … for a “digital SDR currency” to be used as a global currency by anyone around the world (backed by all kinds of real tangible assets). ….
My guess is that they are talking about denominating the ACC in SDR’s in the same way as bonds denominated in SDR’s were issued last year in China. Being denominated in SDR’s does not mean they are official SDR’s issued at the IMF. … An IMF media spokesperson has denied … by email … that the IMF is involved with the Asset Collection Coin. … (From what I have read, and I think Larry White would agree, if successful, the ACC will actually function as SDRs – whether they are officially issued by the IMF or not.)
Right now, the IMF issues official SDR’s by allocating them ONLY to member nations, and certainly not to a private company based in China. … The political blow back to the IMF for doing something like that in secret would probably be enormous. Member nations have to vote on things like that (creating a new kind of SDR). I cannot see the US going along with anything like that … . Keep in mind the US has veto power at the IMF under the current voting rules. … The IMF does describe what they call M-SDR’s, but those also are not official SDR’s (O-SDR’s) issued by the IMF. (see this page for info on M-SDR’s ). …
I will try to continue to monitor ACChain to see if it gains broad institutional support and promotion globally. If we see some big international banks get involved with it, that would get my attention and add some weight to this theory in my mind. Any official endorsement by China or the PBOC would of course be significant news.
In (his) video, David DuByne also suggests that this venture is going to eventually lead to a new global digital/blockchain currency issued by either the IMF or the BIS to replace the US dollar when the present monetary system collapses. … I have no way to know what might happen if the present monetary system did collapse … .
I watch for that all the time (signs pointing towards major monetary system change) … .