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Bitcoin -- the Emperor's new clothes 
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John McAfee has doubled down on his confidence in bitcoin by stating his belief it will be worth $1 million by the end of 2020. Bullishly, the controversial businessman said he will eat his own manhood if the cryptocurrency fails to perform to that level. -- source

Oh, lovely. Now we have John McAfee stumping for Bitcoin. Evidently, he studied up on Tulip Mania. No doubt he is invested in Bitcoin himself and planning on making a "killing". No doubt he will. Does that make Bitcoin our savior? Does it change the rat race we are all committed to running? Does that free us from the power and control of the ruling sociopaths? The answer to all three is no.

John McAfee is already wealthy, but he wants more. More power and control. Hmm... Pursues power and control using deception and manipulation (like he would really eat his own manhood). Superficially charming person. Engages in risky behavior. Are we dealing with sociopaths with the Bitcoin phenomenon?

Keep in mind that the bulk of Bitcoins are in just a few hands, those being the hands of the instigators of Bitcoin. They are the ones that will gain enormous power and control in the long run. It won't be the bulk of humanity. Not at all.

But John McAfee will play this one with all of his usual gusto. If he doesn't, I'll eat my... my...

... my favorite Indian restaurant all-you-can-eat lunch buffet! That place is so good, it's almost to-die-for. But I won't die for it; that's just a popular expression. John McAfee isn't going to eat his manhood either. He has hired help for that. Wealthy sociopaths always do, as wealth buys power and control, and most people will do anything for money, be it coin, paper, or digital.




How To Uninstall McAfee Antivirus

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Wed Dec 13, 2017 7:56 am
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Data shows up to 23 percent of bitcoins currently in circulation may be lost forever.

It is impossible to say exactly how many bitcoins are being hoarded and how many will never be recovered. According to estimates from blockchain analysis company Chainalysis, between 2.78 million and 3.79 million bitcoins worth up to $50 billion at current prices are already gone for good. -- source

Another good reason to avoid crypto-currency! How many people have forgotten their passwords to get into their computers? Is your Bitcoin wallet secured with an even more complicated password? And if you bump your head, lose your memory, have a stroke, or just have a serious "senior moment", will anyone be able to recover your stash of binary numbers?

If the data is correct, that means Bitcoins are disappearing at an alarming rate. Did gold coins disappear at that rate? I don't think so. Some went to the bottom of the oceans in shipwrecks and maybe waited a few hundred years before they could be salvaged, but they usually showed up again. Do you think those electrical signals that code for your crypto fortune are going to last even twenty years, assuming you can keep them dry?

There are nearly 17 million Bitcoins that have been created so far out of the 21 million that are planned. Nearly a quarter of them are already lost, supposedly. Do you really think the limit of 21 million will last? Or will it be necessary to keep making Bitcoins because so many are "disappearing"?

The ruling sociopaths have got to be delighted with the way their Bitcoin scam is progressing. We are so gullible...

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Wed Jan 03, 2018 10:23 pm
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Five months after Jamie Dimon's infamous outburst, in which the JPM CEO called Bitcoin a fraud, and threatened any JPMorgan trader caught trading cryptocurrencies with immediate termination "for being stupid", which was followed by JPM's head quant alleging bitcoin was a pyramid scheme, the largest US bank has released what can only be called the "Bitcoin Bible": 71 pages of excruciating detail on everything from the technology of cryptocurrencies, to their applications and challenges. -- source

Wherever there is fraud and easy money to be made, you can be sure JPMorgan will eventually see the light and figure out a way to profit. So yes, they will be moving into Bitcoin not because it isn't a fraud, but because it is, exactly as Jamie Dimon described.

JPMorgan is in the financial markets, right? The financial markets are rigged.

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Unlike conventional insider trading cases - which traditionally require fortuitous tip-offs and extensive, expensive investigations, involving the examination of complex evidence from phone calls, e-mails or informants wired with recorders - the papers make imaginative use of pattern analysis from data to find that insider trading is probably pervasive, according to the Economist. -- source


JPMorgan is in the dollar, right? That too is a rigged game. A dollar today buys the equivalent of what one cent bought 100 years ago. Where did the dollar's value go? It was skimmed off the top by JPMorgan and other crooked organizations in league with the crooked Federal Reserve.

The entire human world is fraudulent, so it is no surprise that over 1500 crypto-currencies are now competing to take you to the cleaners. There were only 44 a little over four years ago, as I reported at the time. There must be plenty of opportunity to scam the public for the number of crypto-currencies to increase by a factor of over 30 times.

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Tue Feb 13, 2018 4:28 am
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Corporatist retail giant Amazon.com has received approval from the United States Patent and Trademark Office for a technology allowing police to track Bitcoin transactions.

As reported by CNBC, the patent--filed by Amazon Technologies--will “correlate different data streams and sell the combined feed as a subscription to people who want to track that data.”

Bitcoin transactions are specifically used as examples twice in the filing. -- source

How long have I been saying, and providing evidence, that Bitcoin transactions are not secure and not anonymous?

Most people believe anything an "authority" tells them. That authority might be the announcer on the evening news, or a scientist, or a politician, or an author. It could even be me, given that I have spent a lot of time researching the crypto-currencies and writing about them. Does that mean you should believe me? Hell no! You have to evaluate the information for yourself, and unfortunately, few people are willing to do this. They prefer to be told what to think and what to believe. That's why they listen to newscasters, scientists, politicians, and authors. "Just make it easy for me and tell me what to believe." This is the way it is with the Followers. And this is why the Sociopaths have such an easy time controlling humanity.

When sociopaths can occupy our positions of power and control, i.e. positions of authority, our best interests are undermined and thwarted. Our beliefs are sabotaged and we are duped. Our evolutionary progress is reversed such that we can never reach our true potential. This is the current state of humanity. We are circling the drain of self-extinction, all because sociopaths run amok completely unmanaged. Until good men implement a system to manage sociopaths, evil triumphs.


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Fri May 11, 2018 9:02 pm
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Jeff Berwick claims to understand that everything we are taught is a lie, but when it comes to crypto-currencies, his understanding suddenly disappears. Bitcoin is the savior currency to Berwick, which he mistakenly compares to real assets like precious metals and real estate. But Bitcoin is not real! Bitcoin is a fiat currency just like the dollar. Yet somehow Berwick believes what he has been taught about Bitcoin — that it is secure, decentralized, anonymous, immune from manipulation, decoupled from the central banks, and completely fair. This is what the corrupted system has taught everyone, including Berwick, and this whopper is what Berwick is going to now accept as the truth, with no questions asked? What happened to "everything is a lie"? Why does he give Bitcoin a pass?

I think Berwick is right when he says that he still catches himself "in the Matrix", believing what he is being told. His stumping for Bitcoin is perhaps the biggest indication of that.





Take The Red Pill - Jeff Berwick on Living Outside The Matrix
(duration 40:27)

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Wed Jul 25, 2018 5:46 am
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Many good people, led by Max Keiser, have either pushed or gotten on the bandwagon of crypto-currency as the savior of humanity from the global private Eight Families’ central banking cartel. (The Federal Reserve Cartel)

This is another lie.

Led by Bank of America, JP Morgan Chase and Goldman Sachs, the big Eight Families banks are buying up crypto-currencies like they are going out of style while investing hundreds of billions of dollars into blockchain and crypto technologies. The talk on Wall Street is that blockchain will drive a coming 4th industrial revolution.

Bitcoin and other crypto-currencies are the next money system desired by the ruling sociopaths. I have been saying it all along, as you can verify by reading this entire thread.

Earlier this month rumors that Goldman Sachs had suspended plans to launch a Bitcoin derivatives trading desk caused the crypto-currency to plummet. Goldman later denied the claims. But why would Goldman Sachs trade a currency that Keiser and the Bitcoin cheerleaders say will replace the oligarch’s private banking cartel?

When it comes to banking it doesn’t matter what medium of exchange is used, be it paper, precious metals, crypto-currency or loaves of bread. What matters is who issues the money.

For many years a global digital currency has been the dream of the New World Order banker architects. Bitcoin is just that. The bankers planted their idea, they’re letting some nerds develop it for them, then they will take it over.

Yep, I agree. I said so from the start, after just a little research into Bitcoin. And fools rushed in, believing the BS about Bitcoin "sticking it to the banks".

No wonder sociopaths are able to rule over us.



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Meet the new boss, same as the old boss. "We won't get fooled again!" Oh, yes we will...

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Thu Sep 20, 2018 5:03 am
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Post Re: Bitcoin -- the Emperor's new clothes
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Someone Real | 11/12/2018 at 6:47 am

This article and the replies show the lack of intelligence in consideration for a creation by your fellow man. It’s ironic that you despise a system in which you hypocritically fight to protect. Bitcoin is an excellent tool against oppression. You don’t hear about any sites getting their “Bitcoin” account shut off because they said/did something the so-called masters didn’t like.

Let's examine why this commenter is indistinguishable from an idiot.

First, Bitcoin is not "a creation by your fellow man". That's just the façade to make us believe Bitcoin is legitimate and not just another control structure.

Second, while it is indeed ironic to despise a monetary system that you hypocritically fight to protest, that is not what is really going on. People have been fooled and brainwashed about the current monetary system, and it's what they know, so of course they resist change. But this is part of the public psychology that makes the current monetary system so effective as a control structure in the first place.

Third, Bitcoin is not an excellent tool against oppression. It is the next generation control structure that will ensure the same kind of oppression that the dollar-based monetary system enabled (only better).

Fourth, if you read the prior posts of this thread, there are a number of sites (like Mt. Gox) where Bitcoin accounts did vanish. While the cause is explained with a variety of stories, they are likely exactly that — just stories. We got fed lots of stories to manipulate us concerning 9/11, the London tube bombings, the Murrah Building bombing, the Beirut barracks bombing, the U.S.S. Cole bombing, the U.S.S. Liberty attack, and so many other false-flag events (thanks, Israel!). All of our economic disasters are also false-flag events (the Great Depression, the Year 2000 dot-com bubble, the 2008 bailout, etc.) designed to enhance the power and control of our ruling sociopath cabal.

So, Mr. Someone Real, you are completely out of touch with reality, due to the deceptive information you ingest on a daily basis, starting the day you were born, and upon which you have created a lovely castle made of sand.

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Tue Apr 16, 2019 8:52 pm
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Scarcity: For a currency to have value, it should be limited. Only 21 million Bitcoins will ever be mined, which means that supply is indeed limited. -- source

There is no guarantee that there will be a specific limit on the number of Bitcoins created, just as there was no guarantee that the dollar would always be redeemable in gold. Sure, both have been promised, but when it comes to money, promises aren't forever, even when they claim to be.

Especially when they claim to be!

Remember, the money system is a scam. It's a rigged game. Crypto-currencies are just the latest iteration of that scam. They are still fiat currency, they are centralized (it's all in the blockchain which is full of backdoors), and they are magnets for scammers, con-artists, and sociopaths. Hey, remember Andywight, stealth sociopath and heavy promoter of Quark? Or digitalindustry (search the forum posts for that name), who ran the Quark forum and enjoyed an alliance with Andywight? I rest my case.

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Tue May 21, 2019 4:00 am
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Doug Casey wrote:
There are perhaps two thousand of them (crypto-currencies) out there now, and most of them are garbage.

No, Mr. Casey, you got that wrong. They are all garbage.

It doesn't matter that some of the crypto-currencies have value at the moment, like Bitcoin. None of them were genuinely designed to be a fair token of exchange that doesn't favor any particular party. That's because the mindset behind money today is sociopathic. Sociopaths are looking to profit off of others via crypto-currencies. As parasites, it's in their nature to do so. They ruling sociopaths were behind the creation of Bitcoin to serve them. It wasn't some mythical Satoshi Yakamoto that brought Bitcoin to the masses. It was the secretive human parasites, the same group of bankster sociopaths that run our current monetary system. Do you think they would allow anyone to beat them at their game to produce a one-world digital fiat currency that they secretly control? No way, Jose. Bitcoin is from them. It was surrounded with propaganda-type lies to get the masses to buy into it as the "stick it to the banksters" alternate currency. How else would the bankster sociopaths deceive the world than by pretending the new currency would put them out of business? And they made it copyable so anyone could start their own crypto-currency based on the Bitcoin model (after all, humans are herd animals and parrot everything), knowing it would produce a Tower of Babel type environment where only first-to-arrive Bitcoin would be seen as legitimate in the end, following all the confusion and chaos.

Remember, the ruling sociopaths are clever, devious conspirators who know how to herd non-sociopaths as if they were stupid sheep, which is exactly what most humans are to the clever and devious sociopaths.

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Wed Jul 10, 2019 7:52 am
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First, the definition of Bitcoin's halving states that every four years producing BTC becomes more difficult, as block rewards get cut in half by a precoded blockchain protocol. As a result, miners begin receiving 50% less BTC for verifying transactions.

This was coded in as a deflationary measure and happens because Bitcoin’s supply is limited: Once 21 million coins are generated, the network will stop producing more. Thus, the halving regulates the supply by delaying the moment that all 21 million coins (Bitcoin’s total cap) get into the market. Currently, about 18.3 million BTC has been mined, which is roughly 85% of the total cap. -- source

How would you know if more than 21 million Bitcoins were created, especially if the true creators of Bitcoin (DARPA) had ensured backdoor access to modify or manipulate blockchain data?

What if the plan all along was to pretend to limit the number of Bitcoins, but allow for constant expansion clandestinely without the knowledge of the public user base?

The ruling sociopaths want a One World digital fiat currency that they secretly control. Would they allow one to exist that they did not control? Or would they secretly create one that benefits them, while feeding the plebes a false story about how it harms the controllers but benefits the common people?

If you understand how the ruling sociopaths think, the answer is obvious.

Quote:
Although it is widely believed that Satoshi was an inflation-hating goldbug, he never said this, and in fact programmed Bitcoin's money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years. -- source

Satoshi was not even a real person. He was a fictional story, just as the facts about Bitcoin are also a fictional story.

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Looking at the history of money, I am skeptical that there will only ever be 21 million coins. I don't know of too many instances in history when money could be created out of thin air and wasn't. -- source

Bingo. The ruling sociopaths derive their power from the creation of fiat money out of thin air. Will they really limit their power? Not a chance.

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Thu May 14, 2020 6:58 am
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