Cryptocurrencies: The Unfolding Fiat Digital Scheme

Interested in precious metals investing or storage? Contact us HERE 

 



Cryptocurrencies: The Unfolding Fiat Digital Scheme

Posted with permission and written by Rory Hall, The Daily Coin (CLICK HERE FOR ORIGINAL)

 

 

The feature image below is a depiction of Satoshi Nakamoto. We think it’s the person in the middle, because he looks “active” but we’re not sure which image was tied to “him” so we just used several. You can decide which image actually represents Satoshi.

 

When I wrote the three part series detailing how the banksters could potentially unleash the next level of enslavement through cryptocurrencies I hadn’t even discovered ACChain. Two months later we find out that ACChain is unfolding right now – it is here and it is growing, daily. Quantum computing is here.

 

 

Now we find that some of the most respected voices in the alternative economic/financial analyst space are turning towards a new type of illusory, fiat wealth and proclaiming it will “save us from the banksters”. The magic bullet has arrived and we should all jump on board. Sounds like something a bankster would hope we would do with their latest pile of derivatives nonsense.

 

 

A ghost, “named” Satoshi Nakamoto developed bitcoin – no one knows if this is a person, a tadpole, a group of people, a space alien or an NSA/CIA operative, but, it is accepted, on blind-faith, that it is a person, a man of Japanese origin. This story, which is akin to a fairy-tale because it is only a story since no one has ever seen this “person” or provided any photographic evidence or any published works outside of the bitcoin illusion. I am supposed to believe “he” gave us the keys to the kingdom that will “save us from the banksters”. Is this the story that I am supposed to believe and place my family's wealth and security in this mechanism? Seriously?

 

Andy Hoffman, during a recent interview stated he “will never do another interview with people that believe in conspiracy theories” while he, and all the other bitcoin fans, believe in the fairy-tale spelled out above. Never mind the fact the NSA, in conjunction with MIT, produced a white paper in 1996, spelling out how an anonymous cryptographic currency could circumvent the current cash system. This was a full 12 years ahead of Sat-on-sushi’s white paper explaining bitcoin. Never mind the fact, as The Daily Economist pointed out, Satoshi’s white paper just happened to hit the wire during the 2008-2009 economic meltdown, actually being released on Halloween 2008. Personally, I gave up on coincidences decades ago.

 

In 1996 the NSA (that’s right, a government agency) published a White Paper titled, HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONICCASH. And in this white paper, analysts and researchers laid out the entire breadth and scope of replacing cash and other fiat currencies with a completely digital one, based on anonymous cryptocurrencies.
 
And they did this 12 years before the anonymous ‘Satoshi Nakamoto’ published his/her White Paper on the very eve of the financial collapse. Source

If an alternative economic/financial analyst states that a fellow analyst’ work is “a dime a dozen” [at the 28:20 mark] that doesn’t really shine an appropriate light on the entire community. Most everyone is doing the best they can to present factual, alternative viewpoints and analysis that dispel the continual stream of lies, deceit and propaganda we are sold as truth by the mainstream media. Not really a confidence builder when we are discussing our wealth and the financial security of our families. To attack one is to attack all, including the one speaking. I feel the work I do is worth far more than a dime-a-dozen.

 

One of the more disturbing revelations over the past several months is how once tried and true hard asset advocates have suddenly become a voice for a new digital illusion of wealth. Cryptocurrencies “value” are derived from the fiat currencies of financial enslavement like the Federal Reserve Note, Japanese Yen and Euro. I must have missed something along the way as I have been under the impression these were completely worthless scripts, printed out of thin air and backed by nothing more than “faith and credit” – translation – “faith means you believe in something that can not be proven and credit is the ability to take on more debt”. Dave Kranzler explained this to me one day and it seems to fit pretty nicely.

 

The first question Sean asks during the interview is – “What is our cause?” For me, this is an extremely important question. One that each of us should ask ourselves everyday, especially, the people discussing economics, finance, money and currency with a wider audience.

 

I am so sick of FUD [fear, uncertainty, doubt]. I am so sick of conspiracy theory. I am so sick of BS that goes on. It stops the ability for people to save themselves with honest money and the same goes with bitcoin. I’m not proselytizing. I’ve been the one bridge between precious metals and bitcoin. I follow the bitcoins saga for; I’ve been an owner for two years and learned as much about bitcoin as I have about precious metals and I understand how it works. I don’t need to watch a video to know it’s ridiculous [referring to the interview with SGTReport and Lynette Zang about ACChain].

If a person builds a financial bridge, a safety-net, and one pillar of this bridge is a digital illusion, backed by faith and credit and the other is money – actual money, not fiat currency, how stable will that bridge be once it is complete? Gold is money and everything else – everything else – is credit. “Everything else” would include bitcoin or any other cryptocurrency not backed with physical gold and even gold-backed cryptocurrencies, in my opinion, are suspect.

 

Before you listen to the interview below, please take time to listen/watch, if you haven’t already, to John Titus’ All the Plenary’s Men. Titus’ work explains, in great detail, how these criminals get around international law, local law and national laws, including the Constitution of the United States. This may be an important piece of information to get a glimpse of what is happening in the background before one can truly understand what is happening with cryptocurrencies. If one doesn’t understand how the money-masters can commit financial crimes against humanity, how can one understand how to protect oneself from these current and future crimes?

 

 


Here is a video introducing quantum computing, not only really well done, it details how these bankster scum are digitizing everything – today, – not sometime in the future, but today. In the time that it takes to watch this video there will be another piece of the puzzle put into place as these tools of enslavement take another step forward. It appears these criminals are working 24/7 to build this system out as quickly as possible.

 

 

Since when did profits come before people? Ever since the bankster scum made it so. It is unfortunate that some of the people that I used to truly respect have picked up an illusionary flag that, in my opinion, supports the system of enslavement we currently have in place and will take it to the next level in which there will be no escape. We need to return to sound money and move away from illusions. We already have plenty of illusions running our lives.

 

 

 

Questions or comments about this article? Leave your thoughts HERE.

 

 

 

Cryptocurrencies: The Unfolding Fiat Digital Scheme

Posted with permission and written by Rory Hall, The Daily Coin (CLICK HERE FOR ORIGINAL)

Comments

aloha_snakbar Fri, 08/25/2017 - 13:25 Permalink

The Birth of BitconTwo friends, Bob and Satosh are sitting around after an evening of consuming copious amounts of some especially wicked dank. Bob says to Satosh:Hey Satosh... I have a genius ideaYeah, what is it?You know that app you coded...the one that churns out the useless SHA algorithms?Yeah?LOL...lets sell them as digital currencies!Dude...you are fucking wasted, here, have another bongNo, seriously. We get that graphic artist you know create a slick image of a 'gold' coin, and then we can further confuse the rubes by telling them their 'coins' have to be "mined", as if they were real, physical metals!Dude... you are insane! What kind of moron would buy something like that?Bob: Oh... I dont know. Remember that now worthless token you paid stupid money for on WoW?They sit there and stare at each other for a moment, and then both burst out into torrents of tear stained laughterThey are still laughing today.The rest is history

DjangoCat VD (not verified) Fri, 08/25/2017 - 21:18 Permalink

Agreed, the fleecing of the sheeple is coming.Now where do you suppose the rich folk are going to stash their loot?T-Bills.. nah USD headed for the crapper.gold.. yeah, I can deal with that, but man, you need a vault and an armoured car, and you need to pay off the customs guys when you want to move around with it.  Also tough to use a golden eagle to buy groceries.Bronze nails.. one of my favourites, but you need a warehouse.Bitcoin.. Wowsers.. Now you're talking.

In reply to by VD (not verified)

assistedliving (not verified) Fri, 08/25/2017 - 12:35 Permalink

makes so much sense it must be wrong then again, do you know what kind of bagel can fly?(yup, a plane bagel)

topshelfstuff Fri, 08/25/2017 - 12:40 Permalink

Crytptos succeeded in acting like a giant sponge sopping up all the FIAT Cash that could have and should have went in to gold & silver by the 25-55 year-old group. now it can easily be "eliminated" in a multitude of manners

Deus Irate Fri, 08/25/2017 - 12:54 Permalink

Just be aware that all of the supposed links to videos are in fact click bait that sends you to... guess what? Yep, Sprott Money's sales pitch. I will never take seriously the words of a spammer, even when I might be inclined to agree with them.Oh, and I forgot: John Titus for Fed Chair.

silverer Fri, 08/25/2017 - 12:52 Permalink

It's a trap. The government must absolutely love the idea of linking man hours of work with a totally worthless unit of digital currency that they can completely control and monitor.

Honey-Badger (not verified) Fri, 08/25/2017 - 13:09 Permalink

Fiat means by government decree....I have yet to see a government decree bitcoin as legal tender.

DjangoCat Honey-Badger (not verified) Fri, 08/25/2017 - 21:08 Permalink

If governments were trying to make our crypto a test case for a ONE WORLD CURRENCY, they would make it easy to buy and sell Bitcoin.Local Bitcoins people are being arrested in the street for trading currency without a licence.  The SEC is moving in on crypto ICO's treating new currency issues as securities in order to regulate and strangle the emergent industry.  This tactic works well.  It locks Americans out of the market. In Canada, daily transfer limits of C$2,000 are the norm, although wire transfers do get round the problem.  This is involves a trip to the bank and explain the whole thing to a teller.So, it does not seem that the powers that be are promoting this thing, just the opposite.If the NSA has its own crypto, I would point to Ripple as a likely candidate.  There is no doubt the forces of evil can concoct a controllable crypto. However, they are up against a truely free market.May the best idea win. 

In reply to by Honey-Badger (not verified)

messystateofaffairs Fri, 08/25/2017 - 13:12 Permalink

The author does not like crytocurrencies. Therefore he should not buy them. Otherwise his fairly random and useless insults offer no useful purpose. BTC is here, its a rapidly growing part of the financial ecosystem and only time, not this author, will tell the rest of the story.

Lego Brave Fri, 08/25/2017 - 13:15 Permalink

*pounds the table*To hell with fiat and crypto!But please do keep buying it because I want physical assets cheaper for longer!I am not here to gamble, speculate, or allow a one world currency.I just want to invest in physical asssts and when I retire in 50 years i just want whats mine. I want equal what i made in life. I want back what value I put into my work in life. So please keep buying worthless digital notes this decade. I could use more cheap phyz.Thanks.Side note FINALLY! I was waiting to see this topic being addressed. +10 for this article

DjangoCat Lego Brave Fri, 08/25/2017 - 20:55 Permalink

Yeah, well, most things phys deteriorate pretty badly over 50 years.  Steel rusts, cars become antiques and cost lots to restore and keep up.  Hoes wear out, clothes disintegrate, flour goes rancid.So you are back to something phys like silver and gold, which will keep for 50 years, try 50MM years.Crypto is good too.  I would not keep USD cash.  In 10 years its disolved way down in value.  50 years, probably no one would accept it anymore.

In reply to by Lego Brave

aloha_snakbar Fri, 08/25/2017 - 13:22 Permalink

BTC has so many problems, you could write a book about them...here is the problem du juor; it lacks in 'portability'. You can take cash, and in almost all circumstances, still do transactions. BTC requires a thumb drive for storage. Do you 'really' want to entrust your funds to cheap Chinese tech? BTC also requires at least some level of tech savvy, as well as internet connectivity, which would leave at least some people out of the loop. Remember those fun days of garage sales and Craigslist deals? A thing of the past. Technology is supposed to improve our lives, but widescale adoption of Cryptos, as they currently stand, would be at least two steps back, and no steps forward...

aloha_snakbar Yellow_Snow Fri, 08/25/2017 - 14:09 Permalink

Never said it did not. I see what happened there; just because you happened to disagree with me, you created a logical fallacy, one where I ended up being a *PM bug*, so you could summarily discredit anything I said based on that. Nice try, but you dont know me, and you are wrong. The only thing I reliably invest in is myself, as I know for a fact that is the only thing that will (reliably) pay off.

In reply to by Yellow_Snow

THEBORG aloha_snakbar Fri, 08/25/2017 - 14:02 Permalink

We are the BORG, your crypto currencies are vulnerable. Quantum computers can hack bitcoin in 10 minutes. Just wait until you see the headline that your crypto's were hacked by quantum computer and watch this market vaporize. There are already several quantum computers working on planet earth. you can count on it when google stock drops massively, "a rogue employee" will hack it to collapse the crpyto market and money will flow back into google stock. Mark it!

In reply to by aloha_snakbar

Hope Copy THEBORG Fri, 08/25/2017 - 14:55 Permalink

They (the authorities) don't have to hack the transaction.. just stop it.  Once the transaction is identified, the routers just have to 'flake out' losing essential packets and then a re-route and you got nothing.  Bitcoin will die.  Ethereum is made for legal transactions.  Note, store crypto on a platter hard disk and don't keep it on line.  Divide it and post online only when needed.

In reply to by THEBORG

Billy the Poet THEBORG Fri, 08/25/2017 - 16:45 Permalink

your crypto's were hacked by quantum computer and watch this market vaporize. Hacking should certainly be a concern for those who own bitcoin ( I don't). But if potential bitcoin hackers are savvy then they would likely steal relatively few bitcoins at a time because if they took down entire exchanges and "vaporized" the market there would be no place for them to spend their ill gotten booty. The hackers would need to transfer the value of the bitcoins into other assets as quickly as possible without tipping everybody off that thefts were taking place.

In reply to by THEBORG

DjangoCat Billy the Poet Fri, 08/25/2017 - 20:44 Permalink

The main area of concern is the exchange.  I was spoofed into to filling in a fake login screen and lost crypto as a result.The blockchain is virtually hackproof.  It exists as a totality at every point in time and any modification to a past record will invalidate all subsequent records in the chain.  The hacked version of the chain would be dropped like a hot potato by the consensus of nodes (which might more correctly be termed the Borg).To suggest that a quantum computer may be able to determine a private key from a public key, perhaps so, but it requires millions of false tries, which can be defended against.  Some crypto protocols already contain quantum defenses.I think we are talking about an ecosystem of crypto, which evolves much like a living substance, connected as it is to the human mind hive.  If it is attacked, it will morph to survive the attack.The cat is out of the bag.

In reply to by Billy the Poet

DjangoCat THEBORG Fri, 08/25/2017 - 20:35 Permalink

FUD.If true, the quantum computers are owned and controlled by the pinnacle people and their intentions would be to steal all our money at once.  That is a pretty big stretch.  In any case,they are few and we are many.  If they try it, they may find themselves in a difficult position staring at torches and pitchforks.

In reply to by THEBORG

DjangoCat aloha_snakbar Fri, 08/25/2017 - 20:30 Permalink

Aloha, Aloha, Aloha, what have you been reading.  Try taking a lb. of gold aboard a plane to Europe.  Not happening.My bitcoin does not exist on a thumb drive, it exists in a massive decentralised distributed database replicated on thousands of nodes around the world.  All I need is my private keys and access to the internet in order to check my stashes and transfer funds.  Phones work that way too, you know.  If I cross a border with a key in my head, there is no friction whatsoever.You are right about the need for education and personal responsibility.  We can and do fuck up from time to time and lose value.  Educational experiences, I call them.But I am in charge, not you, not the bank, not my nanny state.

In reply to by aloha_snakbar

TheLazyNative Fri, 08/25/2017 - 13:33 Permalink

Dear oh dear. "Sat-on-sushi"?Don't parents and elementary school teachers frown on this sort of thing? You know, racist condescension?Free speech is great. Bile isn't.Fellows like this will be barking at the moon as Bitcoin eats up 10, 20, 30 per cent of the market capitalisation of gold...  

HardAssets TheLazyNative Fri, 08/25/2017 - 20:44 Permalink

Sushi is 'racist' ?

I like sushi and I'm not Japanese.

'Bile' ?

Let me guess - you attended Western 'schools' & university and were put in front of a t.v. since you were an infant ?

You're also white and have been made to feel guilty, for some reason.

(None of my Japanese friends would feel 'offended' in the least by what gets you in a programmed knot.)

In reply to by TheLazyNative