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Ed.’s note: Readers should take note of the fact Facebook is moving to develop cryptocurrency called GlobalCoin while Peter Thiel and his “PayPal mafia” will become extremely wealthy. Facebook should be called “fakebook,” and anyone getting involved in Facebook’s coming cryptocurrency called “GlobalCoin” better have a second look. Thiel’s Palantir wields just as much power as Google except that few people outside of the tech world of criminality really know what Palantir actually does.

Before you get involved in any cryptocurrency, ask yourself a serious question. Did the originators of the cryptocurrency mine a bunch of their cryptocurrency before they allowed others to participate? Bitcoin was pre-mined and used on the dark web mostly by criminals. These cryptocurrencies when they are released to the public, of which there are now an estimated 30 million people worldwide involved, are mined before general release. So if you mined lets say one million btc as the person or group who invented btc and still hold them today, they are worth a fortune. The question then is how is Facbook’s GlobalCoin going to be set up since there are not a lot of details available? If Facebook’s GlobalCoin (“FakeCoin”) is not decentralized stay away because it will be controlled by Facebook. GlobalCoin won’t really be a cryptocurrency, it will be more like a digital currency.

Palantir’s Hotly Anticipated IPO Set to Slide to 2020

How a Peter Thiel crypto startup is set to deliver a more than 6,500% return

The U.S. Military Is Hiring Palantir to Build Battlefield AI

The “PayPal Mafia” is teaming up once again at Peter Thiel’s Founders Fund

What’s going on over at the International Dark Web website where Peter Thiel plans on putting this all on the blockchain as Patreon gets compromised. Can’t have competition to Peter Thiel’s “PayPal mafia” operations you know. The underlying purpose here is to bring cryptocurrencies to mainstream by building blockchain platforms. We will see surveillance (surveillance capitalism) and and A.I. technology advanced. What this means is Peter Thiel’s “PayPal mafia” makes a ton of money to satiate those inside the Bilderberg Group.

Peter and the Patreon: “Problem & Solution”


Source: Fort Russ

By Raphaël Jolivet |May 26, 2019

This dossier gives an overview of the technological bricks available today and missing links to decentralise the internet again, and to get rid of GAFAM’s [Google, Apple, Facebook, Amazon and Microsoft – ed] hand on our data and our lives.Contents    State of play    Social networks are a misuse of the Web    WebRTC:

the worm is in the apple    Federations: a first step towards decentralisation    ActivityPub: A protocol to connect them all  Indie Web: control your digital identity   

IPFS & Blockchain: Internet without a server and without censorship    Authentication    Ergonomics    Impose interoperability at GAFAM    Incentives to migrate    Summary and conclusion State of play

The Internet is broken. In 40 years, the network of networks, initially thought of as an open, resilient, and decentralised system, has been locked by a handful of private monopolies capturing all our personal data in opaque silos and selling them to the highest bidder.

The Internet was originally based on open communication protocols. Protocols are standard languages that allow computer terminals to communicate with each other:Gradually, GAFAM captured users, imposed proprietary solutions on them, and shut down these communication protocols to lock users into technological silos:   

XMPP and IRC for Google Talk, Messenger, and WhatsApp (owned by Facebook);    RSS and emails for their “social” platforms;    Websites benefiting from “Facebook pages”;    …This situation is grave and unsustainable in many ways:

GAFAM enriches itself on our backs and gives our personal data to:   

Banks, to assess the solvency of our contacts;  Insurance companies, so that they can learn from a costly chronic disease, or a questionable lifestyle;    Public services, in order to track health insurance fraud; The US government, via the mass surveillance unveiled by Edward Snowden.

The possibilities that these multinationals have to influence and censor our democracies are delusional. A concentration of powers never equaled in the history of humanity. Facebook boasts about determining (and selling) your nominative policy orientation, for à la carte campaigns, or even to influence millions of votes in elections.    The concentration of sensitive data makes it a prime target for large-scale piracy.   

Users are fist-bound to their services, and cannot compete, as these services merged with their digital, non-transferable identity:    It is very difficult, if not impossible, to migrate to other services (other emails, other social networks) without losing contact with his/her contacts.   

The business model of these companies is advertising.

Facebook and Google are essentially advertising agencies: their products are designed to capture our attention (or available brain time, as Patrick Le Lay would say), and make us addicted to notifications, to the point of robbing us of our presence in the world.

Social networks are a misuse of the WebThe monopolistic concentration of Web giants is essentially based on an error in the design of these tools.

Let’s first distinguish two often confused terms.

Internet and the Web:   

Internet refers to the global physical network of computer terminals, communicating through the TCP/IP protocol:

This layer is fundamentally symmetrical and decentralised. At this level, nothing distinguishes your smartphone from a Google server: both are identified by their IP address, and exchange the digital data packets in both directions.   

The World Wide Web refers to one of the Internet applications, born at CERN in 1990: the publication of enriched texts (HTML), embellished with “hypertext” links. All are served by the HTTP protocol (itself based on TCP/IP). Unlike the internet, the web is asymmetric and centralised.

Web sites are hosted by servers: terminals identified by domain names, which remain lit night and day to serve web pages.       

Users connect to these servers through clients: browsers, which graphically render these pages.

The Web is only one of the many Internet applications: mail, chat, telephony, …It is important to note that the Web (sites) is designed as an asymmetric system of data consumption: many users consume static and common information, on the model of television or newspapers.

Social networks are therefore not built on the right level:

they constitute a decentralised and symmetrical application, built over a centralised and asymmetrical layer (the Web).

The technical layers supporting social networksIt is mainly this wobbly design that allowed GAFAM to fagot the market and impose unnecessary centralisation on social networks.

The good news is that technology is evolving and today allows us to decentralise these usages.


the worm is in the appleWeb standards are constantly evolving, driven by W3C (World Wide Wide Consortium)Recently, the WebRTC standard, integrated into HTML 5, decentralises the Web again:

it allows two browsers to communicate directly between them, without going through a central server (once they are connected).

WebRTC is now supported by most modern browsers (Chrome, Firefox, Opera, etc.), on PC or mobile. This technology is the basis of several open source projects, already available, that offer solid alternatives to GAFAM:   

Jitsi Meet is a free and open source alternative to Skype: it allows you to conduct peer-to-peer conferencing conferences, without going through a server (and thus ensuring the confidentiality of the conversation) and without installing anything: directly in the browser.

The French association Framasoft graciously maintains an instance of this software at   

Peer-tube is an alternative to Youtube, free and without ads.

The use of WebRTC allows peer-to-peer video streaming (such as BitTorrent), allowing you to offload server traffic and support an influx of simultaneous views without large infrastructure. Enough to allow minor actors to host videos without exorbitant cost.

Peer-tube is also a federated social network, as we will see later. Framasoft maintains an instance of Peer-tube at

WebRTC is definitely a master brick in the decentralisation of the internet. We see here that its adoption can come to titillate the two giants of the Web (Skype and YouTube).

The Web has an exceptional deployment:

all terminals are now equipped with a web browser. Developing a web application (based on HTTP/HTML) allows much wider deployment and adoption than developing a specific program or application.

Federations: a first step towards decentralisation

Alternatives to the GAFAM social networks exist: Diaspora (a clone of Facebook), Mastodon (a clone of Twitter), Hubzilla, …

Please go to Fort Russ to read the entire article.


Source: CoinDesk

Facebook to Roll Out ‘GlobalCoin’ Cryptocurrency in 2020: Report

by Wolfie Zhao | May 24, 2019

Social media giant Facebook is set to roll out its own cryptocurrency dubbed “GlobalCoin” in 2020, according to a report from the BBC.

The news and broadcasting organisation said on Friday that Facebook is planning to launch the cryptocurrency-based payments system in “a dozen countries” by the first quarter of 2020 and is looking to start trials by the end of this year.

Facebook has also apparently sought for advice from officials of the U.S. Treasury and the Bank of England governor Mark Carney regarding opportunities and regulatory issues for the initiative, which is internally referred to as “Project Libra.”

More details about Facebook’s crypto plan are expected to be revealed in the coming months, the report said.

According to the FT, Facebook has also been in talks with both the Coinbase and Gemini exchanges seeking to prepare third-party, regulated platforms for users of its coin to store and exchange the asset. It cites “two people familiar with the matter” as the source of the information.

Notably, Gemini is a firm founded by Mark Zuckerberg’s old legal combatants, Cameron and Tyler Winklevoss, but they also run a highly regulated exchange – a factor that will likely appeal to Facebook, since regulation will be one of its key hurdles with the new cryptocurrency, the FT points out.

Please go to CoinDesk to read the entire article.