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The problem with crypto-currencies 
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Post Re: The problem with crypto-currencies
This is classic discovery! Sasha Stone at 23:05 is all excited to announce to Ronald Bernard that the Illuminati didn't anticipate the magic of crypto-currency, which he claims is an organic human response to the financial control the Illuminati exercise via central banks and their system of debt and usury. Sasha is clearly a true believer in the crypto-currency psy-op, convinced that it is the wrench in the works that will sabotage the machine. Yet Ronald Bernard, an insider who served the financial overlords so faithfully for so long, quickly contradicts Sasha's enthusiasm. Ronald confirms what I have been saying for so long, that the technology of crypto-currencies was deliberately designed and created by the financial controllers themselves as the next step in controlling the masses via money. Ronald says they are full of back doors, as I have also pointed out, and they are not the freeing technology they are sold as. They are simply variations of the poisoned apple or the Trojan horse, designed to trick us into a devious trap. By 24:35, Sasha changes the subject, not ready to believe that he has been tricked into believing in crypto-currencies as our salvation. They are not. Money is the primary control system the controllers use to manipulate us, and Ronald makes this clear at 14:35. Crypto-currencies are just the latest manifestation of the money control system. They will not free us. They will bind us even stronger to the slave system the controllers have planned for us.

This is precisely what I have been saying for years.




A conversation with ex illuminati insider Ronald Bernard and Sacha Stone
(duration 33:08)

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Wed May 23, 2018 6:01 am
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The seven deadly paradoxes of cryptocurrency

Existing private cryptocurrencies do not seriously threaten traditional monies because they are afflicted by multiple internal contradictions. They are hard to scale, are expensive to store, cumbersome to maintain, tricky for holders to liquidate, almost worthless in theory, and boxed in by their anonymity. And if newer cryptocurrencies ever emerge to solve these problems, that’s additional downside news for the value of existing ones. -- source

The Bank of England weighs in on crypto-currencies in the above article. While the BoE is hardly an unbiased analyst, the seven paradoxes of crypto-currencies listed in the article clearly demonstrate that crypto-currencies are not the solution to humanity's economic conundrum.

The paradoxes listed are:

  1. congestion
  2. storage
  3. mining
  4. concentration
  5. valuation
  6. anonymity
  7. innovation

It's interesting to note that conventional money in the form of tried-and-true gold and silver coins has many of the same problems. I still think of money as a control structure that is actually hindering humanity's proper development and evolution, and crypto-currencies are just another form of the problem. It's too bad we can't seem to shake the money mindset and evolve to the next level (like Michael Tellinger's idea of contributionism). Most of humanity doesn't even recognize that there is a higher level, because we are so brainwashed by our current monetary system. That's the level of control we are imprisoned with, which itself is a manifestation of the sociopaths that rule over us.

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Fri Nov 16, 2018 6:37 pm
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Dick Allgire jumps to the defense of crypto-currencies after reading the BoE article (see prior post above). His argument is that computer technology will be able to keep up with the storage and processing demands of crypto-currencies, so congestion and storage will not be a problem. Concerning mining, "that's the way Bitcoin was designed", so there's no problem there either. Regarding concentration, we have rich and powerful "big boys" that own most of Bitcoin, so that should make us want to own Bitcoin too. Where's the problem?

Allgire turns the valuation paradox back onto fiat money, which is intrinsically of no value either, just like Bitcoin. So this means Bitcoin can be as much a store of value as paper money. So Bitcoin is just as flawed as fiat money, and that somehow makes it good.

The other paradoxes are just central banker psycho-babble, according to Allgire, and not worth going into. Thus, they are dismissed.

While crypto-currency fans will cheer Dick Allgire's final spitting and spewing summation, I am not impressed with his vacuous arguments.




Bitcoin Has No Value: Why It Is Worthless
(duration 9:06)




P.S. Dick Allgire uses his remote viewing abilities to tell us what really happened to Adolf Hitler. You might think this makes me more receptive to Allgire's crypto-currency defense, but it does not. It all feels like a con to me.

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Sat Nov 17, 2018 4:22 am
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Post Re: The problem with crypto-currencies
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Manhattan US Attorney Geoffrey S. Berman said: “As alleged, these defendants created a multibillion-dollar ‘cryptocurrency’ company based completely on lies and deceit. They promised big returns and minimal risk, but, as alleged, this business was a pyramid scheme based on smoke and mirrors more than zeroes and ones.” -- source

Crypto-currencies have been a scam from the mysterious and hidden origins of Bitcoin. All are fiat currencies, which are scams as well, designed to enrich the ruling sociopaths at the expense of the public. Central banks are a scam. Fractional reserve banking is a scam. Debt-based currency is a scam. Usury is a scam. The ruling sociopaths are nothing but conniving scam artists feeding off the public like fat parasites. Crypto-currency is just another scam in the convoluted monetary control system that we've been brainwashed to worship.

We will never be free until we get rid of "ruling sociopaths".

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Sun Nov 10, 2019 7:20 pm
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There are 44 crypto-currencies listed here (oops, now 45), all knock-offs of one another. Why are there so many, and why does the number increase so quickly?

As of this moment (November 10, 2019), there are now 2368 crypto-currencies listed at that link!

Con-artists (sociopaths) know a good scam when they see one, and they want in on the deal. So they start their own crypto-currency, as it is a great get-rich scheme for the founders, if it takes off.

Here is one of those sociopaths hawking her scam in 2016. She has subsequently disappeared to avoid prosecution.




Dr. Ruja Ignatova: The Blockchain
(duration 39:13)

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Mon Nov 11, 2019 2:03 am
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Oligarch Bill Gates Attacks Bitcoin, Cryptocurrencies

Is there any greater endorsement of cryptocurrency?

Fools! That's the deception!

Bill Gates is just providing us some theater to make us think he and his central bank masters hate cryptocurrencies. That's part of the con-game to get us to accept their one-world, digital, fiat currency. They pretend they are against it, when it fact they created it, because it is what they've always wanted! They can control it whenever they want, but in the meantime, they just let this psy-op roll on to make sure their con-game is well established and well accepted by the public. Once the public adopts and comes to rely on cryptocurrency, there will be no going back, and the trap will be sprung. The prey will be captured.

Who knew the ruling sociopaths would be so devious?

I did.

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Mon Feb 22, 2021 9:44 pm
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The “Texageddon” blackouts and near-collapse of all infrastructure (food, fuel, cell towers, power grid, water systems, emergency services, roads, etc.) taught us all some very difficult lessons in survival.

8. Bitcoin and crypto were all completely valueless and useless during the collapse, since they all rely on electricity. Gold, silver and cash worked fine, on the other hand. -- source

This is reality, folks. Crypto is useless if you can't use a computer because there is no electricity or if the network is down. When you might need it most, it might not be there.

It's also useless if it is tied to your ID and the ruling sociopaths decide to block your use of the cryptocurrency system. That is coming. That is why the ruling sociopaths want the "Great Reset". They will be able to censor your participation in society, if they decide to punish you. You will essentially be shunned from everything money can buy. It will be the equivalent of being instantly dead broke poor.

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Tue Feb 23, 2021 7:55 am
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Reaping the rewards of a Coinbase IPO would be the company's CEO Brian Armstrong who would receive a massive windfall of more than $3 billion. Running the numbers, that turns out to be more than $1 million per day for the next decade, according to company filings. Not a bad deal, right?

Wake up, fools. Crypto-currencies are all about making a tiny minority very rich at the expense of a bunch of suckers. Isn't it clear that crypto-currencies are a con-game?

It looks like there are now at least 5648 different crypto-currencies vying for your money. I remember when I started researching crypto-currencies and there were "only" 44.

Note that the central banks have been playing the exact same game for the last 200 years, making a tiny minority very rich at the expense of a bunch of suckers. They run the world now, and we are all practically their economic slaves. They clandestinely started Bitcoin, the first crypto-currency, as a way to move the public into their more advanced con-game. Are we really going to fall for it?

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Mon Mar 08, 2021 8:03 pm
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Someday Dogecoin will be worthless, but for now this “meme currency” is shocking the world. -- source

Shocking is right. My son made five times his investment in just a few days by buying Dogecoin. It was just good luck combined with listening to the on-line chatter that produced this windfall, and it could easily have gone the other way.

Quote:
For young people getting ready to graduate from high school and go to college, don’t waste your time. Just open up a small deli and go public. Soon you will be a multi-millionaire.

Alternatively, you could start a fake cryptocurrency as a joke and watch it become worth billions of dollars. To me, what is happening with “Dogecoin” is completely and utterly insane… -- source

Crypto-currencies are still a scam. The 2020 U.S. presidential election was a scam. The COVID-19 pandemic is also a scam. The COVID-19 vaccines are a scam. All of these scams originate from the ruling sociopaths. They play us like fiddles, and the vast majority of the sheeple never catch on.

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Mon Apr 19, 2021 11:58 pm
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Aside from the institutional changes, the eventual replacements for fiat currencies that will initially be required will be driven by the establishment attempting to save itself from only having a worthless currency as its means of finance. Inevitably, it will require governments to use the only means at their disposal, and that is to monetise gold reserves because they are the only money they possess in non-fiat form. On this basis alone, cryptocurrencies, including planned central bank cryptocurrencies which are merely another unbacked form of fiat, don’t even get to the starting gate. -- source

This is what the crypto-faithful can't get through their thick skulls — crypto-currencies are fiat currencies, and fiat currencies always fail. Precious metals do not fail, because they are not fiat. They have intrinsic value.

Quote:
For now, bitcoin as money is merely poorly informed speculation. And when the world has returned to metallic money for all the reasons outlined in this article, bitcoin’s legacy will be the invention of a blockchain and all that follows it, and not its price in fiat currencies, which will be of no consequence. -- source

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Wed Apr 21, 2021 7:45 am
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