Currencies last days are coming sooner than you think...
Everywhere you look is the Visa or MasterCard logo. Then there are smart cards...a technology which is more prevalent in Europe and Asia. Remember when you couldn't use your debit or credit card at a fast food restaurant? Or how about at a convenience store. I remember when I saw the first POS (point of sale) terminal at a grocery store. It actually accepted my American Express at a time when few merchants wanted to accept AMEX. Today, electronic currency or is definitely the preferred form of commerce. This is an area in which I have actually participated and have a stake in some proprietary technology which is being implemented globally as I type this. Believe it...within 20 years there will be no known form of paper currency or coin utilized anywhere within the world. If you do not have a form of debit or credit tied to a virtual bank account then you will not only starve but you technically won't exist.
The Impending Death of Currency
The videos to the right (Part 1 and 2) are from a presentation done by a contributing editor of the Oxford Report.
The Oxford Report is an expensive financial research and advisory newsletter which was originally marketed to millionaire investors and brokerage clients with account assets well over $5 million.
I guess their subscription rate hasn't grown as much in this economy so they have turned their marketing efforts to the middle-class.
I have purposely edited his marketing and contact information from the video. My focus is not to empower this guy or his service but to make my fellow investors aware of the impending situation and the tremendous opportunity in which to profit from.
If ever there was a ground floor opportunity to make some serious money this would be it.
This guy narrating the video is not only right on the money but I am certainly curious about where he got some of his information and stats from.
He is on point and for that reason is why I posted this particular video within this Special Report.
Disregard the crap about the precious metal strategies. It doesn't take a genius to understand that gold and silver are currencies and in time will increase in value exponentially regardless of the current market climate.
After all, there is less than 20% aggregate unmined known gold reserves and about 38% aggregate unmined known silver reserves left in the planet and once it's gone it's not likely there will be anymore of the stuff.
It's his tech speak I want you to pay close attention to. Listen to what he says very carefully because this is VERY real. This is not some science fiction technology years down the road.
This is stuff that's been finished years ago as far back as the mid 90's and has been collecting dust on a shelf somewhere in ish kabibble, USA.
The stakeholders in this game have decided to implement slowly over a multi-decade period.
I don't subscribe to the Oxford service or know of what companies the narrator exposes in his report but I will tell you that whatever he was selling, you could...with a little research, find out about on your own.
I don't know all the players in this space and doubt the narrator does either, but I do know of a few. Some I will divulge below. The others you will have to do your own research but I will at least point you in the right direction.
Listen up, take notes and start burning the midnight candles because getting in on the ground floor now and holding for the next 15 to 20 years will net you an easy 1000 % return if not more.
This opportunity will be well worth the time and energy.
Why You Should Listen To Me
See that picture above with those striking gentlemen. Especially that good looking fellow in the yellow oxford shirt...that's me. The names of the other individuals at the table aren't important for this particular article.
We were known as the A-Team back then; sometime in the early 2000's. We were CEO's from different sectors during the end of the DOT COM era. What set us apart from many of our peers is that we were mentally gifted and shared a single vision that few could fathom.
Forming an alliance, we collectively were working toward the precipice of introducing the world to something that was inconceivable at the time.
So let's rewind the clock a little to 1999 and take note of the particulars from this point forward.
As a CIO (Chief Information Officer...some argued it stood for Career Is Over), I had the opportunity to meet many interesting, diverse and talented people in the world.
I attended various conferences, networking events, participated in executive round table discussions, met CEOs and other executive levels from different industries and even visited different companies to see their various innovations and how their companies were ran.
One of these people was Scott McNealy, the then Chairman and co-founder of Sun Microsystems. Most CEOs are frauds and full of BS and shouldn't even be a supervisor yet alone a CEO; including Jack Welch...the biggest fraud of them all.
But Scott was a real businessman who not only listened to his geek co-founders but knew how to position the vision into a manageable reality. Equally as impressive was co-founder and Chief Technology Officer Bill Joy.
What Scott and Bill came up with aside from JAVA was
this little tiny bit of code called JINI. This JINI code needed JAVA to execute. See fig. 1 & 2 above left. Are you following
me so far? Java has been around for awhile. I'm trying to illustrate just how long this agenda has been in the planning stages.
What JINI does is tie uncommon devices together
enabling them to talk to one another seamlessly. To insure this would happen quickly, Scott cut deals with just about every major manufacture on the planet, e.g., Black & Decker, Kenmore, Maytag, SunBeam, AT&T, etc.
He also cut deals with POS terminal (cash register and credit card swiping technology) manufacturers such as IBM.
Scott and Bill were making huge strides in this space and envisioned a world were a POS transaction would be seamless too.
They envisioned a consumer walking into a store, a computer via PA system would alert the consumer that his favorite brand of whatever was on sale.
The consumer could go and select the items he was alerted to and or select other items, bag them himself and literally walk out of the store and go about his merry way knowing that his items were paid for. There was no cash or credit card needed for the POS transaction to occur.
There was a similar scene from this Tom Cruise movie called, "Minority Report (2002)". Notice the date it was made.
The consumer would simply wear a ring; a JAVA ring with JINI enabling technology pictured below. Scott gave me one and the interface to demo the technology.
Without getting into the specifics of authentication and security protocols, all of which these very bright gentlemen thought out...this whole ordeal triggered my imagination as well as my memory.
Let's wind the clock back just a few more years sometime in the mid 90's. I hated and I mean hated my job at SmithKlineBeecham. I was a Director of Client Services and was completely unchallenged and bored. I went on a job interview at a company called USA Technologies.
At the time the company was headed by CEO George Jensen, its founder. George is the creator of the colorization process utilized by Ted Turner for his classic movie network.
George was brilliant. He was looking for a VP of Engineering to build his wireless POS vision. Although
we couldn't come to an agreement on the compensation package, I saw that George and his young public company presented a ground floor opportunity to make certain money; a platinum opportunity cloaked by a dust cover.
I asked George if he could work a private equity deal for
me with convertible warrants and he did. At the time, the company's common stock was trading on the pink
sheets for .15 cents a share and preferred was around .28 cents.
I wrote George a check for $15,000 on the spot for my equity package and left smiling ear to ear. Throughout the years, George and I negotiated additional stock through private equity offerings and I bought mostly preferred via my brokerage account.
A recent article appeared in the September 2013 Popular Mechanics underneath the Tech Watch section titled, "Beyond Passwords".
The article discusses Google's plans for a ring embedded with NFC chips. Sounds familiar? NFC aka Jini code.
By the mid 2000's, I spent less than $65,000 total out of pocket cash but am currently holding MILLIONS of shares of both common and preferred stock thanks to the multiple splits and convertible warrant options.
George eventually hired a very competent VP; more so than I ever could be. Under his management, the company's intellectual assets grew to over 1000 patents.
See that's the beauty of a company like USA. Forget the POS terminal and equipment sales. It's the intellectual property licensing that put them over the top and made them a major league player in the POS and wireless space.
Want to guess which blue chip company was their major licensee? IBM. I always say, behind every blue chip company there is a small cap that gave them an edge.
USA Technologies via IBM and other blue chip companies is responsible for enabling the grocery stores, fast food chains and even vending machines to accept and process debit, credit and smart cards.
It doesn't stop there. USA held proprietary technology for wireless POS that had not been implemented yet. Are you still with me? Do you see where this is going?
Let's fast forward to 1999 again. In addition to Scott and Bill, I met some other very talented people. I met this very interesting mad scientist type, Dr. Neil Gershenfeld, who headed the Media Labs at MIT.
Now there is brilliant but that word doesn't apply to the insanely genius of this man and some of his peers. I saw demonstrations of things you would see on a Star Trek episode occur right in front of my face.
I won't even describe the literally thousands of technologies that this guy has patents on other than he had a very unique wireless ID technology. Aside from other technologies, the wireless technology somehow gets licensed to Sony and eventually yours truly. The power of a corporate endowment is amazing.
Let's skip a few years ahead regarding the picture
above at which I am seated at the end of the table. We were discussing a merger between our corporate alliance and Zero Micron, a vendor we selected to develop a chip that encompassed the technology I created called the JINI Monitoring System (JMS).
Meeting all of these different personalities gave me a unique idea. If we can take the POS concept and tailor it to a work management system or even better a supply chain system that could reconcile within a general ledger all wireless and seamlessly. The cost savings would be tremendous across any cooperate environment.
Thanks to Scott and Bill, I now had full use of the JINI code and thanks to Gershenfeld and Dr. Jacobson, I now had the wireless and ID component necessary to build the process which I have patent pending illustrated at a very macro level above. See fig. 3.
I partnered with the CEOs pictured at the table, who could assist with positioning the agenda. I even raised millions to finance it all from wall Street financiers Dick Farkas, Dick Heller and Steven Moskowitz.
I cut deals with General Dynamics, K-Mart, PSE&G,
and other blue chip companies as well as the US Military. Unfortunately, I can't comment further
on any other aspects of this technology or its application in this article.
The point is that there are some very small and obscure companies behind these sometimes visible but mostly obscure blue chip companies.
Some of these companies are public mostly traded on pink sheets, some are still privately held. Find out which blue chip or its subsidiaries is holding the licensee agreement for these impacting technologies.
Sony forms new companies utilizing a lot of the MIT patents that the Media Lab and other non-profit MIT subsidiaries generated. The paper thin TV is one of those technologies. See fig. 4 below.
Kindle and other PDA manufacturers get their wireless content and updates thanks to Gershenfeld and USA Technologies. Apple, Microsoft and Android have them to thank as well for the app POS.
USA and the Sony subsidiaries and some other companies that have intellectual assets aren't blowing up the stock market in earnings.
It's too soon for the core technologies to become mainstream but don't think these companies aren't ramping up for big business and revenue gains 10...15...20 years from now.
What is a NFC chip?
First, NFC or Near Field Communication allows communication or simple transactions between two devices in close proximity. A NFC chip contains information and can be read by any device capable of detecting it.
How are they used?
NFC technology has many uses. Many smart phones have NFC chips built in. This allow the phone to easy send data a short distance. You could give someone your contact information simply by putting you phone close to there phone.
Also, many retail stores and merchant account services are adopting this technology into there into there cash registers or credit card readers. With this, you could simply and safely pay for your purchase by putting you phone in close proximity to where ever their NFC reader is.
It is similar to the technology used in PayPass where you can simple tap you credit card to the swipe machine, but instead of tapping your credit card you would tap your phone. These are only a few ways this amazing new technology can be used.
Why use them?
NFC technology is spreading very quickly and it would not be surprising if most or all new smart phones come with NFC capability as a standard.
Like QR codes they are fast, easy, and can be very
useful. On a NFC enabled smart phone you receive a notification, similar to a sms, notifying you of a detected NFC chip.
The chip will have a name, such as “The Ocean Front Cafe”, and you have the option to read or interact with the chip. This is huge! Instead of a customer deciding to interact or connect with your company online they are prompted too!