Role of Crypto/Cybercurrencies in the PTB's loss of control?

[neema]

Well, if you want a good idea where all this crypto space is really heading and what the PTB have planned for us all, this recent video conversation by Christian and Alison McDowell will give you a very good idea. Well worth watching the whole video.

Brief description from the web page:

In this stunning Ice Age Farmer broadcast, Christian is joined by Alison McDowell, a mother and researcher studying the World Economic Forum's "4th Industrial Revolution": the global takeover of industries and public policies by central banks, multinational corporations, big tech technocrats, and billionaire-funded foundations. Alison is uniquely capable of distilling the agendas at play, the actors involved, and the language they use into real-world terms. Today we do exactly that: digital twinning, human capital bonds, impact investing -- these are terms we must understand to appreciate the world the technocrats are constructing, and how digital systems are being constructed using blockchain and AI that will surveil and control everything from your food, your health, your children, and our future.

Alison McDowell: The Technocratic Takeover Decoded - Ice Age Farmer Podcast

In this stunning Ice Age Farmer broadcast, Christian is joined by Alison McDowell, a mother and researcher studying the World Economic Forum's "4th Industrial Revolution": the global takeover of industries and public policies by central banks, multinational corporations, big tech technocrats...

www.bitchute.com

 

[bjorb]

Imagine that

Whales and institutions buy the Bitcoin dip | Cointext.com

Data from Chainalysis showed big investors bought 34,000 BTC on Tuesday and Wednesday

coinlist.me

 

[bjorb]

The others in the game who lost must hold. Patience shall be rewarded.

Although Bitcoin (BTC) has corrected about 50% against its historic high of almost $65,000, most investors continue to profit. According to a recent report by Glassnode, even with the drop to the $30,000 zone, about 76% of bitcoin holders are profiting.

Data indicates that 76% of Bitcoin investors are still in profit - Digest Time

According to a recent report by Glassnode, even with the drop to the $30,000 zone, about 76% of bitcoin holders are profiting.

digesttime.com

 

[Onetrickponystar]

Well, I am out, since yesterday. Been looking into the aforesaid possible come-down of the markets, expected this summer, due to drawbacks by FED. And I must say, the signs are there, quite convincing. Someone here tipped the CryptoTeacher channel, and I must say, since I follow his feed, he has been spot on.

In hindsite i dislike the fact I've lost quite some in the pryor dip, and haven't taken profits sooner. I have recovered slightly the last weeks, but it definitely is quite a cut.

I am really curious how the next months will develop. I've read an interesting post on Reddit regardinflg GME, of how multiple stocks seem to have a hefty ccorrelation. I think a lot of foul play will come to surface soon, perfectly timed to cause a major crash.

How do you guys and gals hedge? I have bought some silver (1/8th of my savings) and some GME. Do you keep some fiat aside to buy a crypto dip, or would it be wise to purchase some more silver/gold to protect against inflation?

 

[bjorb]

How I see it

Now that Central and South American nations are moving to adopt a bitcoin standard, I can't imagine the United States being happy about it. in the future I wouldn't see any attempt to undermine Bitcoin, including the use of paid actors, as out of the question.

As for the latest FUD.

The supposed Russian hacker parked the coins on a US exchange, why not a cold wallet? And then the FBI tells the exchange to cough it up. It's such a bad story. Russian hackers seem to be able to hack everything these days. But are borderline retarded when it comes to covering their tracks. It's all bullshit.

Bitcoin has grown too big. Upcoming G7 it's going to be a talking point on how to regulate (undermine) bitcoin even further.

BItcoin may get to 60.000 again. But there is a limit on what the PTB will tolerate.

or would it be wise to purchase some more silver/gold to protect against inflation?

When hyperinflation kicks in. The government will probably demand that every citizen give their gold to the Govt. This happened before in the past. It's all a gamble from here. But silver, and gold is probably the best one.

Frankly, I see only one way. If we ever want to live a peaceful life we need a real bloody revolution.

 

[bjorb]

I am really curious how the next months will develop. I've read an interesting post on Reddit regardinflg GME, of how multiple stocks seem to have a hefty ccorrelation. I think a lot of foul play will come to surface soon, perfectly timed to cause a major crash.

The whole GME, bitcoin, crypto business exposed that the system is working for Wall Street criminals. Not ever will they give us a fair chance in the market. In the end, it's their casino.

The average Joe has to work hard while Wallstreet wolves will rob their pensions. The West has grown too corrupt. We need to get out the guillotines and start chopping.

 

[moyal]

Joseph P. Farrells latest:

Now I've been trying to warn of the dangers of crypto-currencies since the whole fad started with the mysterious Satoshi Nakamoto, allegedly a Japanese man who invented the blockchain concept, but a man who proved to be difficult to track down, and whom some in the alternative research community believe might just be a cover for the world of intelligence and spookdom. In any case, it always struck me as an intensely dubious proposition that people would regard putting real money into chasing computer blips, because the whole cyber world is ultimately not secure, and hiding behind blockchains seemed to me to be an open door for all sorts of mischief. After all, the whole system is behind a one-way mirror, to draw upon Catherine Fitts' analogy.

But the allegations in this article are breathtaking, and if true, profoundly disturbing; beginning by noting that a platform called Tether accounts for 80% of Bitcoin trading volume, the article goes on to note the following:

-> BIG TROUBLE IN THE CRYPTO "CURRENCY" WORLD?

 

[bjorb]

In any case, it always struck me as an intensely dubious proposition that people would regard putting real money into chasing computer blips, because the whole cyber world is ultimately not secure, and hiding behind blockchains seemed to me to be an open door for all sorts of mischief. After all, the whole system is behind a one-way mirror, to draw upon Catherine Fitts' analogy.

As if Fait is secure? Everyone and everybody is probably going to lose everything in the near future. What we get in return is slave system of universal income to ''save the day''.

Anyhow, bitcoin network is literally built with double SHA-2 (Secure Hash Algorithm 2), which was designed none other than the NSA. If they would want to rid of crypto. They could hack it on the spot and destroy the whole network in an afternoon. And perhaps they will some day while blaming it on Russian hackers.

 

[moyal]

I think he may have had this article in mind:

http://mileswmathis.com/bitfraud.pdf

For all their claims of being a decentralized money system, cryptocurrencies seem to be directly controlled by a small and
highly centralized group of super-wealthy individuals. So that pretty much blows the whole thing out of the water. And it reminds us again that the Bitcoin market could easily be manipulated just like the stock markets. Which means it is being manipulated.

They’re admitting as much, in a backhanded way. I point you to this admission by Natalya Kaspersky in January of this year. In a PowerPoint presentation at ITMP University in St. Petersburg, the co-founder of Russia-based cybersecurity firm Kaspersky Lab baldly stated:

Bitcoin is a project of American intelligence agencies, which was designed to provide
quick funding for US, British and Canadian intelligence activities in different countries.
The technology is ‘privatised,’ just like the Internet, GPS and TOR. In fact, it is dollar 2.0.
Its rate is controlled by the owners of exchanges.

Ms. Kaspersky is not some crackpot conspiracy theorist or rogue political commentator. She is the head of one of the largest cybersecurity firms in the world. We should immediately ask, what’s the spin? Surely she hasn’t just gone rogue and decided to out this big secret. You could argue that Russian Intelligence and U.S. Intelligence are enemies, and the one is dishing dirt on the other to create a civilian uproar. It’s possible.

But if we assume that both groups profit much more by pretending to be enemies than by being enemies, the more reasonable explanation is that Kaspersky is being used to divert people from the full truth by giving away partial truths.
Kaspersky is like Stockman in this way, only she has been placed higher up the mountain. Her job is to divert the conspiracy theorists who already suspect Bitcoin is an Intel creation. She concedes this fact, but then adds the slightest spin by likening it to the internet and GPS. You see, they want you to believe these technologies were created by Intel for internal use and somehow “got away” from them. They accidentally slipped into the hands of the civilian masses, who have since made it their own and used it for nobler purposes. “What they meant for evil, we’ve used for good,” and all that. Let me un-spin it for you. Intel still controls the internet and GPS and Bitcoin and every other technology they’ve ever developed. There – now you can stroll past the Bitcoin evangelists, past Stockman and Kaspersky and all the rest, and continue on your way up the mountain.

 

[bjorb]

This statement is interesting.

Bitcoin is a project of American intelligence agencies, which was designed to provide
quick funding for US, British and Canadian intelligence activities in different countries.
The technology is ‘privatised,’ just like the Internet, GPS and TOR. In fact, it is dollar 2.0.
Its rate is controlled by the owners of exchanges.

If true, so why did they decide to put it out in the open and undermine it at the same time. I don't get it.

 

[Natus Videre]

Anyhow, bitcoin network is literally built with double SHA-2 (Secure Hash Algorithm 2), which was designed none other than the NSA. If they would want to rid of crypto. They could hack it on the spot and destroy the whole network in an afternoon. And perhaps they will some day while blaming it on Russian hackers.

It's crazy how everything that has a 'secure' and 'public' interface probably has a well-shaped backdoor!

This statement is interesting.


If true, so why did they decide to put it out in the open and undermine it at the same time. I don't get it.

I think they wanted to get the masses acquainted with new 'toys' which were set to 'get of control' at some point in order to justify more totalitarian measures. They did the same thing with TOR: "Look, you can be fully anonymous just like we are! But we control all the exit nodes! Isn't that sweet?"

 

[mbww]

A few notes about crypto, just to clear the dust of conspiracy crazies:
1) Crypto as a deflationary instrument is useful to govt's and holders alike, no doubt. So no real impetus for govt's to ban it as value creation cannot be managed by fiat alone, and for any educated person, a reason to not own it.
The old adage: diversification and where should I invest my money? Real estate? pff. Coal, oil, gold? duh, please. Tech, biotech? yeah, but it's a hit or miss and a crowded space. Crypto is viable because it's digital money. Considered and "asset" but it fact works as digital money, because it has no 'real value' and can be attached to anything.
2) In crypto-holders space there are two types: long-term holders, i.e. investors as per above and short-time, or speculators: which could be professional traders or average joes thinking they can make a buck overnight or over one year. Any fluctuation leaves the first category unfazed, while the second moans and gargles every time.
3) Bitcoin encryption algorithm (Sha-256) and other crypto blockchain protocols are not hacked or controlled, even if quantum computing becomes a reality tomorrow there are still mechanisms that can be set in place to keep a wallet secure (MFA, double-encryption, etc); Every conspiracist that tells you otherwise is a tech ignorant.
4) Government intervention (IRS, Treasury, central Banks, etc) can't really regulate it, as long as Bitcoin or any other crypto remains decentralized, i.e. more than 50% in private hands, and can be tendered/transferred freely, which it can and nothing can prevent it. Which is the case, and will continue to remain. Say Bitcoin is battered and badmouthed and fuded with regulation woes and hacking rumors and government conspiracy theories, goes down to 20k or 10k, guess what, you wake up on a beautiful morning and realize that all that fud was just noise and now's gone and that bitcoin is still out there and looks like an attractive buy to throw a few bucks on, and then by the time you have your breakfast it spiked a few hundred points and by the time you get your next paycheck it has doubled in value. This is now the case and will always be for the foreseeable future.

As for possible radical government actions: banning conversion to cash, heavy taxation for holders and traders -- we're goin back to point one: do we really want a centralized monetary system and hyper-inflation, or want a balanced system that encourages business freedom, alternative investment and tech innovation? That's a thin line every gov't should double-think.

I didn't even mention the tech side of bitcoin and crypto-currencies. All this stuff is invented so that one day complicated and boring tasks and routines can be automated and kept track of in an automated and secure way. It's the digital age 2.0.

 

[SlavaOn]

how multiple stocks seem to have a hefty correlation

I am rolling over my 401K accounts (in the US) to an IRA account, that will allow me to trade stock using these pre-tax money. Instead of relying on mutual funds I would like to be able to move my savings to the stocks/options/futures without limitations. Hopefully, I will retain the "nest egg" and, maybe, beat the returns provided by those pension funds.

The first question on my mind is: which shares to aquire and which options to trade. I read about the changing rules of the gold trade known as "Basel III", that will come into effect in late June. There will be no more "naked selling" and every gold sale should be backed up by the factual physical gold, that a bank keeps in its assets. Immediately, that will cause the huge reduction of the available gold for sale, since a big chunk of the gold trade is in "paper gold" that has no metal to back it up. Although, this rule change is only for European banks, for England this rule kicks in December. Not even sure, when this would apply in the US. So, the gold miners' shares should benefit, if the price of gold spikes because of that rule change, and it would be wise to buy them, before that happens... Somehow, I have not seen this discussed anywhere :)

 

[BHelmet]

As for possible radical government actions: banning conversion to cash, heavy taxation for holders and traders -- we're goin back to point one: do we really want a centralized monetary system and hyper-inflation, or want a balanced system that encourages business freedom, alternative investment and tech innovation? That's a thin line every gov't should double-think.

“Do WE really want”. Who is “we”? When is what “we the people” want a part of the equation any more? “We the parasites in power” are usually more focused on the maintenance of power and control than the healthy functioning of the countries they rule over. Furthermore, crypto may be the plan for a centralized monetary system that eliminates hyperinflation which negates half of the dichotomy.

If logic and reason could rule the day, and governments were benevolent, you’d be quite right... but at some point wishful thinking runs into a wall where cynicism and realism merge.

 

[Scottie]

3) Bitcoin encryption algorithm (Sha-256) and other crypto blockchain protocols

SHA-256 is part of the SHA-2 set of cryptographic hash functions. It's not actually encryption itself, but is used instead to verify the integrity of a chunk of data of any size (while the resulting computed hash is always the same size).

It's still generally accepted that it's actually secure, but in reality many people recommend against using it because it's slowly becoming less secure - and usually these things become 'slowly less secure' until one day, KABOOM! It's totally broken. In reality, that prolly means it's already been 'cracked' - by more people than just the NSA, who most certainly did not release it for widespread use because it was so secure.

Just a technical note to point out that 99% of what we read about cryptos is more fluff than reality. If humans are involved, it can be, will be, and probably already has been co-opted for nefarious purposes. But it's a really good show!