Bitcoin’s Next Stop: the 11th Dimension

Posted by Sam Churchill on

Waterloo Ontario-based D-Wave Systems has announced a free online shopping service called Free-Wave. It’s similar to Amazon, except all the merchandise is free. Users pay only a modest shipping fee.

Free shopping will be available to individuals and non-profits world-wide, with a net worth of less than $1000. They can purchase up to $10,000 in merchandise for a one year period. Merchants will be compensated at a rate approximately 90% of their equivalent Amazon payment.

It’s the brainchild of Amazon founder Jeff Bezos and former RIM Chairman Mike Lazaridis, who are investors in D-Wave Systems.

D-Wave’s new quantum computer is said to be the only machine currently able to crack RSA, the most common cryptography standard.

Quantum cryptography exploits a unique property of single particles, such as photons: they can exist in two separate states – such as vertically polarized or horizontally polarized – or something in-between, known as a quantum superposition.

Quantum cryptography has been described as a way of creating “unbreakable” messages and has attracted the attention of major technology companies, governments, banks and other security-focused clients. The Society for Worldwide Interbank Financial Telecommunication relies on a secure network for transmitting messages between financial institutions.

The stability of the world’s financial institutions requires unbreakable cryptography. Some observers view quantum computing as a double edge sword. A multi-dimensional space race. Whoever gets there first, wins.

The “Free-Wave” concept has the full support and cooperation of the International Monetary Fund and the governments of the United States, Canada and the European Union.

The IMF and governments world-wide have recently seen syndicates such as the Russian Mafia move hundreds of billions of US dollars from Offshore financial centers or Swiss and Cyprus accounts to Bitcoin, where tracking of funds will be more difficult if not impossible.

Quantum computers threaten to disrupt the global financial system and businesses like Amazon which uses RSA cryptography for every transaction.

Because these syndicates are illegal and because Quantum cryptography can break RSA in real-time, the governments and private industry must be one step ahead of criminals by developing faster, better, cheaper quantum computers.

Cracking RSA is the key to the Mafia’s hundreds of billions of wealth, acquired through drug, prostitution and various criminal activities, say the proponents of the “free shopping” concept.

The idea is to “give back” some $50 billion of ill gotten gains. The remaining $50 billion, acquired by cracking off-shore bank accounts, will fund a research project to advance a stable global financial infrastructure in the 11th dimension.

It’s a wonder man can eat at all
When things are big that should be small
Who can tell what magic spells we’ll be doing for us
And I’m giving all my love to this world
Only to be told
I can’t see
I can’t breathe
No more will we be
And nothing’s going to change the way we live
Cos’ we can always take but never give

Posted by Sam Churchill on Monday, April 1st, 2013 at 11:26 am .

4 thoughts on “Bitcoin’s Next Stop: the 11th Dimension

  1. Brilliant! Didn’t get to read it until this morning, but will certainly create an account for my dog (he’s worth less than $1,000) as soon as I finish this comment. Thanks for the laugh, Sam :)

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