Promise Language

A data structure that describes any transaction in any language.

Friday, August 12, 2016

Lawyers disbarred

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While the trend is up, the quantity does appear lower than what might otherwise be expected.
1 comment:
Sunday, July 10, 2016

Contract Scripting Language (CSL)

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Scenario: Andrew has $20 Dollars and wants Lasagna. Christine has Lasagna and wants $25 Dollars. Contract script: Andrew         Off...
Friday, June 24, 2016

Monetary history

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Treasury Bonds were invented in the 1860's for the purpose of placing America into debt. The inventors of T-bonds were bankers in Englan...
Monday, June 20, 2016

The blockchain defined in plain language

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The blockchain is a list of Bitcoin transfers, synchronized on 6000+ computers.  Each Bitcoin transfer consists of an amount, time it was tr...
4 comments:
Wednesday, June 15, 2016

How to retire the national debt

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1. Create a "Credit Assurance Bureau" at the US Treasury to take custody of the T-bonds (one bond at a time and at the owner...
Saturday, May 21, 2016

Puerto Rico's debt crisis

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If Puerto Rico had had a "Credit Receipt" option, then Templeton & Oppenheimer might have turned in their bonds to the US Trea...
1 comment:
Friday, May 20, 2016

Turning the national debt into a spendable asset

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The Robin Hood legislation is designed to retire Treasury bonds and redeem them for other assets via a "Federal Credit Receipt" (...
Wednesday, May 18, 2016

The Robin Hood legislation

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The "Robin Hood laws" will provide $19 trillion for the economy and infrastructure of the United States. 1. United States Cong...

How to defend against monetary warfare

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The defense plan is to turn the US national debt into a spendable asset, using the "Federal Credit Receipt" (FCR) as the legal an...
Thursday, May 12, 2016

Transitioning from Debt-Based Money

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This is a plan to retire the US national debt in a safe manner, without causing alarm economically or financially. Debt is a liability t...
Tuesday, May 10, 2016

Plan to retire the US' national debt and rebuild its economy & infrastructure.

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Essentially the US is in a foreclosure via its national debt.  Total land value in the US is ~$20 trillion (not including improvements) and ...
Thursday, April 21, 2016

Federal Credit Receipt

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To get a handle on the total debt market, one must consider how to de-couple USD from debt AND allow retirement of the debt. To that end: ...
Friday, April 8, 2016

Fixing money

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Money can be fixed by simply keeping accurate track of a person's transactions.  Reputation.  It doesn't matter which currency: USD ...
Tuesday, April 5, 2016

How to eliminate the "national debt"

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Retire each existing Treasury bond, in exchange for a new monetary instrument called a "Federal Credit Receipt" (FCR).   The FCR i...
Saturday, April 2, 2016

Money is accounting and the corruption is underestimated.

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What is needed is a common language to describe financial transactions. I solved this 8 years ago. It's a structured form of contract la...
1 comment:
Monday, January 11, 2016

IT people don't understand:

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Law/contracts Banking Finance Accounting Money Therefore, they need a standard protocol and data structure.
Monday, January 4, 2016

Communicating transactions without ambiguity

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Different cultures and languages create mis-communications in monetary transactions, therefore a standard protocol is necessary. Some of t...
Sunday, January 3, 2016

Currency distribution in the United States

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Who creates cash and destroys cash? Who controls the cash distribution network in the United States? Who can revoke bank charters and contr...
Saturday, December 5, 2015

How to fix the world's monetary system?

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The USD's design ensures bond-OWNERS receive interest in perpetuity from a class of bond-PAYERS.  While appearances are kept that bond-p...
1 comment:
Sunday, August 23, 2015

Why is a public banking protocol and standard necessary?

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If you have access to a bank's database, you can change the amount to $1 billion and spend it. Since the bank is a database, data secu...
Friday, August 21, 2015

Venezuela could have saved the Bolivar...

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If they had recognized that the fraud was in the digital currency and not necessarily the paper currency, Venezuela could have reneged on it...
Tuesday, August 18, 2015

How to become an instant trillionaire!

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1. Work for any bank (or hack into the database). 2. Change the amount in your account to $1 trillion. 3. Buy off anyone who asks question...

Texas gold bullion...

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Would it be possible to create a gold-backed DIGITAL currency where the State of Texas would only own the DIGITAL, but the digital coins wou...
Thursday, August 13, 2015

Banks are databases & money is an entry in a ledger

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Everyone has a buy-off point. So, there is no more mystery about the concept of money or what it is:  it is simply accounting fraud today...
Wednesday, August 12, 2015

Bank of America halts wire transfers to Belize

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In July:   Bank of America halts wire transfers to Atlantic Bank International . Back in April: Bank of America halts wire transfers to Be...
Wednesday, August 5, 2015

I bought the HIGH tick of the morning on the SET 50

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The daily is in an overall downtrend, and I shorted 926.30 shortly after the morning open.  Price moved in my direction about 2 points, t...
Saturday, August 1, 2015

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http://www.washingtonpost.com/national/health-science/cerner-wins-dod-contract-to-overhaul-electronic-health-records/2015/07/29/7fbfccfa-35f...
Thursday, July 30, 2015

Venezuela being forced to sell off long term

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https://www.yahoo.com/news/venezuela-risky-financial-acrobatics-raise-hard-currency-022525771.html Assets to satisfy short-term debt issue...
Wednesday, July 29, 2015

Currency wars - prognosis of the USD

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Reading this interesting comparison between Iceland and Ireland , it can be understood that each currency is a microcosm used to determine ...
Tuesday, July 28, 2015

Is this the beginning of the great hyper inflation?

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Prices have gone to rents. As rent is a long term contract, that is a floor providing the upward spiral.  https://www.yahoo.com/finance/news...
Friday, July 24, 2015

"Program" trading in action

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One might notice the extreme similarity between the market action of the EUR/USD and the SPX500.  Start from the steep drop off, notice the ...
Tuesday, July 21, 2015

Toshiba senior execs quit!

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Perhaps accounting issues are an issue elsewhere, as well. http://www.msn.com/en-us/money/companies/toshiba-president-senior-execs-quit...
Monday, July 20, 2015

Market players in the EUR/USD in the aftermath of gold's plunge

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Note the Blue-circled area.  Do we note the dramatic "character-change" of the market between the hours of 10am sharp and 1pm? ...
Wednesday, July 15, 2015

A stock exchange in each state

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Is it possible to sell shares in a corporation to residents domiciled in the state of incorporation without SEC regulatory oversight?  Yes. ...
Monday, July 6, 2015

Promise Language - technical specifications, version 1.

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Audit trail. Real-time exchange. Works for any transaction in any currency, language, or culture.
Tuesday, June 16, 2015

$15 hour minimum wage

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As low-wage workers' income rises, so will their spending.  This is going to affect the CPI. The end-game of the USD is quickly upon ...
Sunday, May 31, 2015

A ledger to describe any financial transaction

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The following will work for any transaction, meet regulatory approval, and provide any imaginable functionality.  Stock market to grocery st...
1 comment:
Friday, May 15, 2015

The Constitution of the United States and 16 to 1

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The legal construct between gold and silver is a part of the monetary system's problems.  There are two ways to handle this: 1. an ame...
1 comment:
Tuesday, May 5, 2015

How to restore confidence in the banking system?

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The National Institute of Standards and Measures  was created by the US Treasury to define the gold and silver weight standards.  Today, mo...
Monday, April 27, 2015

How do you "steal" money from a bank?

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The most effective way is to add 0's to a database record.  No one loses any money, so it is easier to hide. Depending on your access to...
Wednesday, April 8, 2015

What if?

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The Bank of Thailand stopped accepting digital baht as settlement internationally? That could lead to an "external currency" and...
Sunday, February 15, 2015

How do you get employees to work hard for you?

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Pay them as little as possible while promising a long term escape. If you pay them too much, they will retire and stop working. If you pa...
Sunday, January 4, 2015

Open letter to the board members of the Federal Reserve

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Current policy is a step in the right direction but will lead to hyperinflation in the next few years. Maturing bonds are apparently $3.5 ...
Friday, January 2, 2015

Ending quantitative easing

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It appears that the new Fed policy is to end the purchase of new bonds. So, they are not printing money any more. As long as that policy hol...
Thursday, December 25, 2014

What is a good currency?

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A good currency? None has been invented yet. Currencies become accepted when they are tied to something tangible. Then they are corrupted an...
Saturday, October 25, 2014

The 1st global exchange is open for business!

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I have opened discussions with the SEC of the United States. Since my initial offer is in Thai Baht, likely discussions with the Thai SEC wi...
Sunday, October 19, 2014

An event-based public ledger

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While Bitcoin's "blockchain" is a step in the direction of a public ledger, it only works with Bitcoin and does not show the o...
Friday, July 25, 2014

Smart Contracts - the format

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Any contract.  Any monetary transaction.  Works with any language.  The format is simple and understandable.  Works for finance.  Works for ...
Friday, July 18, 2014

A public list of transactions (open and completed)

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In a standard format, with a Commerce ID for privacy (what some call a "smart contract"). It works with all currencies and barte...
Tuesday, July 15, 2014

The System, as it works today.

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How many new bonds did the Fed purchase today?  30 years to repay.  How many infants born today? Get to work little debt-slaves.  Mommy an...
Friday, July 11, 2014

300,000,000 Debt-slaves vs. the Federal Reserve

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A class-action lawsuit appears possible.  Fraud is alleged and I think can be clearly proven.  Based on my analysis, I think a conservative ...
Tuesday, July 8, 2014

Visions of the future

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Lawrence Summers wrote a  good article in the WSJ about lack of jobs due to automation. Currency is a product manufactured by the central...
Monday, July 7, 2014

Bitcoin 2.0?

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In my opinion, Bitcoin 2.0 will not be a currency. It will be a "block chain" of all electronic transactions regardless of what wa...
Wednesday, July 2, 2014

How does one gain trust without an authority?

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Commerce between anonymous people is possible with a P2P database and open source. A public record of one's previous transactions is r...

What is a Commerce ID™?

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A Commerce ID™ uniquely identifies an individual or entity for the purposes of conducting commerce or monetary transactions. The Commerce ...
1 comment:
Monday, June 30, 2014

Alternative Currencies

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All currencies have pluses and minuses.  There is no holy grail of a perfect currency. So the answer is to allow efficient translation bet...
1 comment:
Sunday, June 29, 2014

Since I am currently physically in Thailand...

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I will talk from the Thai baht perspective. There are 3 forms of baht:  gold, digital, and physical. Each has a different value. Once up...
1 comment:
Saturday, June 21, 2014

The Federal Reserve and Fiscal Responsibility

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When the Fed creates money to purchase bonds, the Treasury spends it. Where does that newly created money get spent? Government contracts. ...
Monday, June 16, 2014

Fractional-reserve credit vs Bond purchases

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It should be stated:  fractional-reserve credit is not the problem. Bond purchasing with created money is the problem. That is illegal lendi...
Friday, May 30, 2014

A good primer on central bank perspective from the Bank of Thailand

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http://www.bot.or.th/Thai/EconomicConditions/ResearchPublication/MonthlyWorkshop/Documents/Reassessing_Piti2556.pdf

Currency creation and economic growth

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Most central banks today create currency at the time of bond purchase.  Since bonds have interest attached, that means every unit of currenc...

The problem with money today

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Money is not necessarily currency. Money is a promise to deliver value, although it might have value unto itself. The description of val...
Sunday, May 25, 2014

Bond/currency relationship today (Debt-based currencies)

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All existing currencies are said to be debt-based. Originally, the USD was backed by gold/silver. That gold was stolen behind the scenes. So...

Interest

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Interest is a measurement of assigning value to risk. Time-based. All transactions have a time component which, today, is rolled up into th...

The New Approach to Freedom - 1949

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"When the people of the world have a common monetary language, completely freed from every government, it will so facilitate and stabil...

Distributed transactions

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A common language/protocol creates efficiency to allow distributing all components of a transaction.  Trust is distributed.  Value translati...
Sunday, May 11, 2014

Looking for investment capital

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Working prototype is complete.  See below. It is a free exchange software, however, does much more than that. Value-added services to as...

Screenshot of the working prototype

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This works for exchange software (EG. NYSE, Amex, Nasdaq, CBOT) as well as functions as a free E-Bay or Craigslist-type sale software. Ano...

Rough draft of the exchange software (works for anything)

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            //selling IBM             TransactionItem item = Transaction.Sell("100 IBM", "myCommerceID");             ...
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Andrew B Brown
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