The Globalist One World Currency Will Look A Lot Like Bitcoin

Tyler Durden's picture

Authored by Brandon Smith via Alt-Market.com,

This week the International Monetary Fund shocked some economic analysts with an announcement that America was "no longer first in the world" as a major economic growth engine. This stinging assertion falls exactly in line with the narrative out of the latest G20 summit; that the U.S. is fading away leaving the door open for countries like Germany and China to join forces and fill the power void. I wrote about this rising relationship between these two nations as well as the ongoing controlled demolition of America's economy in my article 'The New World Order Will Begin With Germany And China'.

I find it interesting that the IMF is once again taking the lead on perpetuating the image of a failing U.S., just as they often push for the concept of a single global currency system to replace the dollar as the world reserve. The most common faulty counter-argument I run into when outlining the globalist agenda to supplant the dollar with the Special Drawing Rights basket system is that "the IMF is a U.S. government controlled organization that would never undermine U.S. authority." Obviously, the people who make this argument have been thoroughly duped.

The IMF is constantly and actively undermining America's economic position, because the IMF is NOT an American controlled organization; its loyalty is to globalism as an ideology as well as the international financiers that dominate central banking. America's supposed "veto power" within the IMF is incidental and meaningless — it has not stopped the IMF from chasing the replacement of the the dollar structure and forming the fiscal ties that stand as the root of what they sometimes call the "global economic reset."

To illustrate how the IMF narrative supports the globalist narrative, I suggest comparing the 2009 "predictions" of George Soros on China replacing the U.S. as the world's economic engine to the IMF's latest analysis on the decline of America.

The IMF cares only about centralizing everything, from currency to trade to governance. If the sacrifice of the old world system (the U.S. dollar) is required to create their new world system, then that is what they will do. If you have read my article 'The Federal Reserve Is A Saboteur — And The "Experts" Are Oblivious', then you understand that the Fed is also perfectly on board with this plan for a global reset. The central bankers, regardless of the nation they happen to reside, stick together and function as agents of larger controlling organisms like the Bank for International Settlements.

The agenda is not really veiled in secrecy, as it has been openly admitted to on numerous occasions by globalist media outlets. Mohamed El-Erian, former CEO of PIMCO, recently praised the concept of using the IMF SDR as a world currency mechanism and as a means to combat "the rise of populism." However, the most "honest" of these incidences of admission was, of course, the article Get Ready For The Phoenix published in the Rothschild controlled magazine The Economist in 1988; an article which announced the beginning of a new global currency mechanism using the SDR as a bridge starting in 2018.

I have noticed in the past month that there has been a concerted disinformation campaign on the internet attempting to debunk the article from The Economist by stating that it "never really existed" and is merely a product of conspiracy websites. So, I will put that claim to rest right now, permanently, by pointing out that magazine and research archives completely unrelated to "conspiracy theory" have the Phoenix issue on record. It is undeniable — the article was indeed published by The Economist and does in fact exist.

Moving on...

Critics of the notion of a single global monetary framework tend to dismiss any evidence of the plan, usually due to their poor understanding of how currencies rise and fall and a poor understanding of the current monetary climate. They will argue that the SDR basket does not have the capacity to replace the dollar and that there is no other mechanism in the world with the liquidity to do so. In other words, "Where is this global currency going to come from?"

The fact is, it already exists, and it is right under their noses.

When The Economist wrote about a global currency being launched in 2018, they perhaps did not have a precise inkling back then on how it would come about. They do mention clearly the strategy of using the IMF's SDR as a stepping stone to that global currency, calling it the "Phoenix," as an example. They also mention the decline of the U.S. as being necessary in the wake of this shift into complete centralization.

These two events are taking place right now, with the American economy in steady and ever steeper destabilization, as well as the rise of the SDR basket as a "stopgap" for nations seeking to decouple from the dollar as the world reserve. But what about the currency itself? The SDR might be the framework that will reign in various nations under one nefarious economic umbrella, allowing the IMF to dictate currency exchange rates at will until their one world system can be established, but what will the average person ultimately be using as a unit of trade and how will the globalists maintain monetary subjugation over the public?

Cryptocurrency and the creation of blockchain technology is the answer.

When The Economist wrote about a global currency being initiated in 2018, they were not making a prediction, but a proclamation — a self fulfilling prophecy. This does not mean that the new currency will develop in an obvious and open way. In reality, I can't think of very many 4th generation psy-ops as clever as cryptocurrencies.

Consider this; after 2007/2008, the weakness of globalism and economic interdependency is exposed for all the world to see. It is a sacrifice the international banks are willing to make, because through the credit and derivatives crash they can now enforce extreme monetary policies. These policies will do nothing to save the general economy, but they will jeopardize the very currency and debt frameworks of some nations, including the U.S. The stage is set for a new and even greater crisis, a crisis which will soften the public to the idea of a single world monetary system and a single economic authority.

The massive flow of data which the globalists covet as a means of "total information awareness" is a double-edged sword. Sovereignty and liberty activists grow in awareness and in number and influence. Millions begin preparing to weather the potential crisis being engineered by the globalists. Methods of counteracting an economic downturn or currency implosion are fielded. Activists start bartering and buying up precious metals as a shield, and as an alternative unit of trade. The alternative market, at least the core of it, is born.

What is a power hungry cabal to do? How do they stop the natural progression of the revolution against them? Well, they don't stop it; instead, they attempt to redirect it to work for them. That is to say, they trick the liberty movement into helping them while letting us think we are poking them in the eye.

Enter cryptocurrencies like bitcoin. Bitcoin arrives seemingly from nowhere, conjured by a magical crypto-wizard by the name of Satoshi Nakamoto, a label supposed to represent a person or group of people that no one has ever seen or heard from. We are simply meant to have faith that they don't work for the NSA or a similar entity. But who cares who they are, right!? It doesn't matter because bitcoin is such a work of art it is nearly infallible — the perfect countermeasure to a monetary world lorded over by the dollar and the Federal Reserve.

Numerous libertarians and anarchists collectively orgasm. They join what appears to be a grassroots effort to bring bitcoin and blockchain technology into the mainstream. They stop trading as many of their fed notes for gold and silver as before and buy digital nothings instead. To question the validity of the idea elicits dramatic displays of indignance from the bitcoin cult bordering on zealotry. The "smartest guys in the room" know bitcoin is the solution to everything — don't you want to be one of those guys, too? Bitcoin is the way, the truth, the life...

Some of us are unconvinced, and even rather suspicious, and with good reason. For example, the advancement of cryptocurrencies into mainstream consciousness has been helped expertly by the corporate media, which frankly, does not make sense if they are a real threat to the central banking monolith. As they say, when the real revolution happens, it will not be televised. Bitcoin is televised everywhere.

On top of this, nearly all major international banks are ingraining blockchain tech and cryptocurrencies into their business models, including globalist foundation banks like Goldman Sachs. Goldman Sachs LOVES blockchain technology; they even refer to it as the "new technology of trust." Just take a look at their rave reviews on how it will change the world here.

What is Goldman's favorite aspect of the blockchain and crypto? The fact that every single transaction is compiled, cataloged and tracked in the blockchain "ledger."

For years, one of the major original selling points of bitcoin was that it was "anonymous." It always surprised me that so many people in the liberty movement bought into this scam. Surely after the revelations exposed by Edward Snowden and organizations like Wikileaks, it is utterly foolish to believe that anything in the digital world is truly "anonymous." The feds have been proving there is no anonymity, even in bitcoin, for some time, as multiple arrests using bitcoin tracking have indeed occurred when the FBI decided it was in their interest. Meaning, when the feds want to track bitcoin transactions, they can, and it does not matter how well the people involved covered their actions.

The early promise of anonymity in cryptocurrencies was a lie.

Thus, we have the reason why central bankers and international financial conglomerates are piling into bitcoin like it's the hottest tech stock on the Nasdaq. Imagine a trade system in which every single transaction is compiled and nothing is private; that is the blockchain.  Now, anonymity might not matter much when you are dealing with regular people, but what about when you are dealing with governments with the tendency towards corruption and the power to imprison and confiscate?

The loss of all privacy in trade IS the next quantum leap in monetary centralization, and cryptocurrencies achieve this in spectacular fashion. Not only this, but complete loss of privacy becomes rationalized, because without "transparency" the blockchain does not properly function.  This is what makes the blockchain different from all other digital trade mechanisms - with the blockchain, surveillance of transactions is no longer a violation of privacy rights, it is expected.

While the fantasy is that crypto is about decentralization and freedom, it is actually a key to institutionalizing the opposite. I believe the incredible amount of capital being dumped into blockchain developments by major financiers and verbal support from central bankers is a signal that blockchain technology IS the basis for the currency system of the "new world order."

While there is something to be said for crypto and its potential to limit fiat money, I still remain skeptical. Mainly because anyone can create a cryptocurrency out of thin air. Just look at the confusion building over bitcoin vs. ethereum; which tulip is worth more, everyone wonders? Being that crypto is not tangible and is completely based on perceived value according to perceived demand rather than real demand, I think it is fair to argue that cryptocurrencies rely entirely on hype and fad in order to maintain market strength. Not that regular fiat currencies are any better, but isn't that the point?

So where does it end? If ethereum replaces bitcoin like Facebook replaced MySpace, how is stability in any digital currency provided? Through the force of government and the backing of international banks, obviously. And whichever cryptocurrency system the bankers choose to back or create, that currency will destroy the value of all other crypto around it. Again, perception, not tangible value, rules over bitcoin and its peers, and institutional power often rules over perception.

The proclamations of The Economist of a world currency launch by 2018 are happening today, right on schedule, right in front of us. The blockchain is going to "change the world;" this has been excitedly announced by the very same banking elites the blockchain was supposedly engineered to defeat. When the next reserve currency system is established using the SDR basket as a foundation, I have no doubt it will be digital and based on the same exact tech that today's activists wrongly assume will set them free.

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Theta_Burn's picture

And the 5 billion shleps without the means to use it?

Bandwagon/pumpanddump

 

BaBaBouy's picture

It'll be like Bitcoinz, Fuckshit Backing it, controlled by the deep statists, what could go wrong...?

A Keynesian, CMX shortable Blockchainz...

TRUST Us, Sheeple & Plebes...

NidStyles's picture

I was saying this two years ago...

Mementoil's picture

I must say, for the record, that BTC is defying gravity.
It has a tendency to leap out of sharp declines like no other asset I have seen before.
Just a couple of days ago I stated that if the recent decline in BTC might turn into an all out collapse, but now it appear that it was merely a retest of a descending trendline, and that BTC could challenge the 3000$ mark very shortly, and aim at new highs.
I still think that it is in a bubble, and that it is grossly over-priced, but this bubble may have some more room to run...

Laowei Gweilo's picture

What if Satoshi Nakamoto is the Sith Apprentice of Sith Lord Soros.

 

'...But what if we create OUR OWN currency... MWUAHAHHAHA. Exxxxcellenttttttt'

wee-weed up's picture

 

 

Yep, the Globalists LOVE the bitcoin model...

They know with it they can play the game of "poof it's gone"...

With all those who won't do as they command.

fauxhammer's picture

AI will eventually sort this all out.  Right?

StackShinyStuff's picture

Fuck.  And I woke up in a pretty good mood today.  Fuck.  

BennyBoy's picture

 

If a crypto currency can be created on a debt based money model with exponential debt growth, easily manipulated, encourage bank frauds, then it will have the FED's blessing.

Bendromeda Strain's picture

Her name is Blythe Masters. Her name is Blythe Masters. Her name...

tmosley's picture

>We are simply meant to have faith that they don't work for the NSA or a similar entity

No, you are supposed to have technically competent people review the source code, and if you don't like that, make your own with a similar premise but that isn't a "psyop".

Jesus fucking Christ, these oldbugs are desperate. Nothing but innuendo (THE NSA DID IT!), lies (THEY SAID IT WAS ANONYMOUS!), and other non-arguments (IT'S HYPE AND A FAD!).

Get a fucking argument or shut the fuck up.

Mementoil's picture

claiming that some asset is in a bubble is not not a "non argument".
Speculative bubbles are a well known financial phenomenon, which has been observed many times in the past.
You can disagree with this claim, but that's just your opinion.

enfield0916's picture

Source code, talk to me I am into breaking code that software devs write. It's called QA.

A code is only as good as the data you put in and the functions you write for the crypto. One loose end and the feds dick is going to be sniffing up your asshile for taxes.

Have you not seen or realized what predective programming is? You are like the flat earth retards of the moneaty world, NO MATTER how much proff or eviedence is shown to these faltty retards, thay alwatys point to the map of the UN as their model for proof that the Earth is flat.

There's NO difference between flat earth retards and crypto retadrs, just a fucking cult of people with horse blinders on their eyes and a religious belief that THEIR version of reality is absolute without ANY historical refernece or a yardstick to call as refernece.

weburke's picture

my sympathies to the bulk of the world, America is still, in parts, the home base of the nwo control center. And will be. 

Miner's picture

The ability to print unlimited amonts of currency or summon it out of nothing through fractional reserves is an incredibly powerful tool.

What sane "globalists" would give that power up willingly for a currency that doesn't acknowledge borders? 

Bunga Bunga's picture

It will be a bubble when it gets into global debt dimensions. Nowhere near that.

Mementoil's picture

That's not true.
Any asset can go into a bubble, without it engulfing the entire global economy.
Tulip bulbs were a classic bubble, and the mania hardly got out of the borders of the Netherlands.
The south-sea bubble affected mainly the UK.
And the BTC bubble is limited to people who are inclined to speculate on virtual assets.
That's a small segment of human society and my guess is that for the time being its going to stay this way.

Bunga Bunga's picture

The always mentioned Tulipmania comparison ignores the significant differences (it was a market driven by easy money and a new financial product=future contract while everyone could reproduce tulips) completely. It could have happened to every thing. Actually it was more a future mania.

Cryptos are a new paradigm, this time not only in information technology like the web, but combining computer protocols, financial instruments with the property of being resilient against manipulation attempts by any power.

 

runningman18's picture

Cryptos are just as fad driven as tulip mania was.  People want them because for now they think they're worth something, not because they have any inherent value.  The illusion of demand drives the market.  Anyone with the motivation can make a cryptocurrency, and the knowledge base is not that hard to find either.  There's nothing that makes bitcoin or any other existing cryptocurrency special - i.e. tulips.

Bunga Bunga's picture

"Cryptos are just as fad driven as tulip mania was."

Cryptos are technological innovation, Tulip future contract trading was not. Your statement is just uneducated. If you really educate yourself, you will notice the significant difference: http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.215.4880&rep=re...

 

 

 

NidStyles's picture

You're ignoring the rest of his post, why?

runningman18's picture

Because he has no response.  The bitcoiners always say critics are "uneducated" or "they don't get it".  It's how they avoid confronting legitimate criticism and evidence. 

Jubal Early's picture

They also like to spew out brainwashed zombie platitutes like "haters gonna hate".  Or their ever popular "BTC is going to $(your figure here)x10".

It is clear that the Central Banks are driving the price up, gathering inventory and taking profits until they decide the party is over, and then they will unload.  Afterwards the IRS, SEC, OECD, WB, IMS will come in and finish the unregulated crypto's off and all the wealth will either evaporate or flow into the all seeing, all controlling block-chained SDR.

tmosley's picture

Trade tokens have value. Especially trade tokens that move at the speed of light and aren't controlled by a central bank nor a government.

The network effect combined with the technology makes each crypto special. Sure, the tech can be replicated, but the network effect can't. The latter drives the former.

Jubal Early's picture

I'll just repost Nid's question from above, it applies just as well to your broken record argument:

"You're ignoring the rest of his post, why?"

"network effect"?  Swift actually provides an international "network effect", and numerous countries already have a cheap and effective AND SECURE networked payment within the country, where 99% of persons transactions take place.  And these other systems offer far better performance, especially worse-case performance with out all the disadvantages spelled out so well by Brandon Smith in this article that you choose to ignore.

R2U2's picture

Tulip bubble blowoff was 18 months you moron. So was the Mississippi land bubble. So was the South Sea bubble.

 

Singelguy's picture

I suspect the volatility in BTC is a direct correlation to the activity of wealthy Chinese moving their wealth out of the country. This also applies to other countries with capital controls. As activity picks up the demand for BTC increases and the prices rise. Once the wealth has all arrived at the chosen destinations, the activity will decline and prices will drop. You might be correct about the bubble. Once all the wealth reaches its destination everyone will be selling their bitcoins to convert into hard assets and there might not be any buyers at that point.

tostaky06's picture

and i said that 4 years ago, one day the oil will sell in bitcoin to avoid corruption and wars.

It will be a success that will apply to finance ... 

Lordflin's picture

You and me both. I have stated from the start that Bitcoin appeared to be a stealth move to a global cashless society...

Bendromeda Strain's picture

And the 5 billion shleps without the means to use it?

Pfft. Injectable tech to alleviate the need for messy cell phones. Besides, it isn't like Sudan has wealth to extract.

enfield0916's picture

And I was RIGHT! Here come all the BitTards posting away crap about how it is not in 3 ... 2 .. 1!

Yen Cross's picture

 Really!!!  A global currency with the volatility of BTC would be financial armageddon.

enfield0916's picture

"In politics, nothing happens by accident. If it happens, you can bet it was planned that way." - FDR.

That cocksucker knew something we still don't realize after so mant years!

Yen Cross's picture

 I'd like to see how central banks planned ahead of time, as you imply, that they're so smart, to unwind their balance sheets without shocking the shit out of bond and equity markets.

  People like you make me laugh!  These fucktard policy makers never had, and never will, have a plan!

Dame Ednas Possum's picture

Wealth transfer to the learned elders. 

 

It's by design.

 

Implied Violins's picture

People like you make me fucking cry.

(((They))) had a plan all right, and it is now reaching its culmination. SOOOO sorry you are too fucking clueless to see it happening all around you.

But there is hope, if you are truly open-minded and ready for some researched material.

Read this: https://www.beetle-clicks.biz/LP_TA/index.cfm?T=437420

(if you don't like free book downloads, then pick up Larry Abraham's "Call it Conspiracy" on Amazon for CHEAP. Or, go to Antony Sutton's Wikipedia page and download his FREE e-books as they are just as informative.)

That right there is the true ECONOMIC history of WWI and WWII. Until you read that, don't bother to post on this stuff because your brainwashing is complete and you will be ignored.

Yen Cross's picture

 

 I have a whole library of stored crypto research. You rabid cyber-chit followers make investment decisions based on hype, and live in "reaction" instead of ACTION.

  I pitty you!  Clowns like you always take the path of least resistance.

Implied Violins's picture

No, I am not afraid to face TRUTH. Assholes like you prefer to gravitate towards the 'next big thing', when ultimately it is a major diversion that will lead you away from freedom.

I prefer to be free. You obviously prefer to go down the drain. Such is life.

Yen Cross's picture

  Then buy some gold and silver, learn how to fucking cook , and tie your shoelaces.

  You call yourself free. LOL.

 Do you own property in other countries, and banking access to multiple jurisdictions?  You're a poser clown!

Implied Violins's picture

As an FYI, I've done everything in your first line. Though I do have Velcro shoes (j/k).

As for your last line...no, I have not been 'successful' enough to buy land in other countries, though I HAVE been able to free myself from most banks. When the SHT actual F, I think most people won't have the opportunity to move about freely, so I have prepared in kind.

enfield0916's picture

I already buy bullion, own an 8 person tent, about 13 hunting knives of different sizes, hunting shotgun, water filteration system, a solar powered stove / cooker, a gas powered grill, battries, sleeping bags, cook at home and don't live within 15 miles of a major city center.

 

Crime is extremely rare or non-existent, the cops are REALLY friendly with the locals and more than half of the department supporting Constitutional Carry!

Anything else you BitCointards wanna know?

Mementoil's picture

People who believe in grand conspiracies don't have a clue how the world works, or how messy and random it really is.
It is virtually impossible to keep a plan secret for a long time when more than a handful of people are involved, and the more elaborate the plan the harder it gets.
People, even high ranking officials, do stupid things. They tell secrets to their lovers, leak to the media in order to promote themselves, or simply forget a briefcase full of incriminating evidence in a public place.
This is why I laugh at anyone who suggests a grand conspiracy of any kind.
The sad truth is that we are sailing into the abyss with no one at the helm...

My personal belief is that all the conspiracy theorists want there to be a arch-villain behind the curtain, because the alternative is even more scary... 

Yen Cross's picture

Implied Violins thinks the world will be skittle shitting unicorns and Tesla charging stations, that double as BTC dispensers with a direct link to Amazon, after the "mean revisions".

Implied Violins's picture

OK then, after reading your later posts here I'm confused - what do you really believe concerning digital currencies? I'm really interested in hearing your viewpoints rationally. Maybe I'm missing something. Though I've read a lot about digital currencies, I do have a mostly visceral reaction to them based on what Brandon has written. What can you add that I may have missed? And to show I am open-minded, I promise: no more asshole comments.

Yen Cross's picture

 I'm interested in blockchain infrastructure/ architecture and companies that develop. [ not cyber coins]

 

Implied Violins's picture

OK, thanks. I guess what I am most interested in knowing then, is if what Brandon says is right: are ALL blockchain transactions traceable, especially by any interested GOVERNMENT agency? Seems to be a pretty important question, to me.

Implied Violins's picture

If you bothered to read the links I provided with an open mind, you wouldn't be posting this shit. Therefore, you must either be brainwashed, or a paid troll.

I NEVER post what I believe in a vacuum. I provide links and PROVEABLE information. Yet people keep ignoring it and going with their own biases or scripts without even bothering to open their ears to other considerations. That is sad, because I myself am open to information that may prove what I believe true to be wrong.

Yen Cross's picture

 STFU! Now you're just talking in circles.