WHO IS BEHIND BITCOIN MANIA?
Mike King
Starting back in 2014, we began noticing more and more requests to post a "Bitcoin" button that would allow readers to donate to TomatoBubble.com with the hot new "crypto-currency" worldwide payment system. Bitcoin and other rapidly emerging cryptos are a form of "decentralized" digital currency, as the system works without a Central Bank or a single administrator.
The Bitcoin network is person-to-person, with transactions between users taking place directly through the use of cryptography only. Bitcoins can be exchanged for other currencies, products, and services. The transactions are automatically verified and recorded in a publicly distributed ledger called a "blockchain."
At first, it seemed like a good way to work around PayPal and fly under the IRS radar, but we just never got around to getting involved because we figured the Feds would eventually catch up to such a "peoples' currency" and shut it down anyway. But now, lo and behold, Bitcoin mania is being heavily promoted by the great and the good of the PRC (Predatory Ruling Class) -- so much so that a single $1 of Bitcoin purchased a few years ago is today worth about $65!
Hyped by the Piranha Press and blessed by the Rothschild Central Banks, digital crypto-currencies -- Bitcoin foremost among them at this time --are exploding in popularity and "value."
Suckers worldwide are now purchasing Bitcoin with credit cards and even home loans (just as in the allegorical story of "The Great Tomato Bubble" (here) for which this site is named). The fact that Wall Street Hedge funds have joined the Globalist media mania bubble of Bitcoin constitutes "prima facie" (a $10 Latin legal term for "first face") evidence that there is a sinister agenda behind these digital currencies. Should there be any lingering doubts over such a suspicion, these headlines ought to dispel them:
Coindesk: (December 17, 2017): 2018: The Year Central Banks Begin Buying Cryptocurrency (here)
CNBC: (December 18, 2017): Central Banks could hold bitcoin and ether for the first time in 2018 (here)
The fix is in, boys and girls. What is the motive here, you ask?
Flashback time:
(February 24, 2016):
Getting Rid of Big Currency Notes Could Help Fight Crime
(some excerpts)
As part of his oh-so-high-minded effort to "fight crime", Andrew Rosenthal (cough cough), that shadowy little Wicked Weasel of Oz who styles himself as "The Editorial Board", has come out swinging in favor of former Treasury Secretary Larry Summers (cough cough) recent call to ban the $100 dollar bill. Gotta stop them drug-dealers, eh Andy? (rolling eyes, sarcastically).
This all-of-a-sudden push to ban big bills is a harbinger of the dark days ahead. It's significance is huge -- all the more so now that Rosenfilth of the New York Slimes is pushing it (just days after the Washington Compost came out in favor of the ban as well).
"Few Europeans use the 500-euro note, and most Americans rarely encounter the $100 bill. Yet hundreds of millions of these notes are in circulation around the world... officials in Europe and elsewhere are proposing to end the printing of high-denomination bills.
Getting rid of big bills will make it harder for criminals to do business ...
The president of the European Central Bank, Mario Draghi, recently said the bank is considering getting rid of the 500-euro note ($557)... though the central bank plans to keep the 200-euro and 100-euro bills.
Critics who oppose such changes say the big bills make it easier for people to keep their savings in cash, especially in countries with negative interest rates. But these are relatively minor burdens compared with the potential benefits of reducing criminal activity and tax evasion.
“As telecommunications technology continues to advance, these transactions will be cheaper and faster still.”
“The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF.
A World Currency – Not a New Idea (February 25, 2014)
Next is a statement that will get the attention of the Bitcoin user. Remember, this was written in January 1988.
'As telecommunications technology continues to advance, these transactions will be cheaper and faster still.'
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