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Tag Archives: cryptocurrency
IMF Reveals That Cryptocurrency Is The New World Order End Game
IMF Reveals That Cryptocurrency Is The New World Order End Game There are two kinds of globalist schemes: First, there are the schemes they spring on the public out of nowhere haphazardly in the hopes that the speed of the event along with some shock and awe will confuse the masses and make them psychologically […]
Venezuela In Chaos After Maduro Announces Massive 95% Devaluation, New FX Rate Tied To Cryptocurrency
Venezuela In Chaos After Maduro Announces Massive 95% Devaluation, New FX Rate Tied To Cryptocurrency Chaos and confusion erupted across Venezuela, and most stores were shuttered on Saturday, after president Nicolas Maduro announced that the government would enact a massive currency devaluation, implement a new minimum wage, hike taxes, and also raise gasoline prices for […]
Iran and Russia Discuss Transacting in Crypto to Avoid International Sanctions
Iran and Russia Discuss Transacting in Crypto to Avoid International Sanctions Iran and Russia could start using cryptocurrencies to avoid Western sanctions, Russian news portal RBC reported yesterday, May 17. Mohammad Reza Pourebrahimi, the head of the Iranian Parliamentary Commission for Economic Affairs, referred to cryptocurrencies as a promising way for both countries to avoid […]
Central Bank Money Rules the World
Central Bank Money Rules the World Central bank credit that supports markets — is not just creation of the Fed, but by central banks and institutions around the world colluding together. Global markets are too deeply connected these days to consider the Fed in isolation. Since last month’s correction, the world has been watching the […]
The NSA Worked to ‘Track Down’ Bitcoin Users, Snowden Documents Reveal
Illustration: Tyler Comrie for The Intercept THE NSA WORKED TO “TRACK DOWN” BITCOIN USERS, SNOWDEN DOCUMENTS REVEAL INTERNET PARANOIACS DRAWN to bitcoin have long indulged fantasies of American spies subverting the booming, controversial digital currency. Increasingly popular among get-rich-quick speculators, bitcoin started out as a high-minded project to make financial transactions public and mathematically verifiable — while […]
Venezuela’s New Cryptocurrency: Just Another Form of Control Fraud
Venezuela’s New Cryptocurrency: Just Another Form of Control Fraud If a currency can’t be converted on demand into the underlying commodity, it’s not “backed by oil,” it’s just another form of control fraud. The broke and broken country of Venezuela appears to be the first nation-state to issue a cryptocurrency token (the petro) as a […]
After Releasing Oil-Backed Petro, Venezuelan President Hints At Gold-Backed ‘Petro Oro’
After Releasing Oil-Backed Petro, Venezuelan President Hints At Gold-Backed ‘Petro Oro’ After the launch of the Venezuelan government-backed cryptocurrency the Petro on Feb. 20, President Nicolas Maduro has already hinted at second government cryptocurrency soon to be released, according to government-sponsored news outlet TelSsur. This time, the government-backed cryptocurrency will be backed not by oil, […]
Is Cryptocurrency a Ponzi Scheme?
Is Cryptocurrency a Ponzi Scheme? Just three weeks ago Bitconnect announced it was shutting down after being accused of running a Ponzi scheme. Techcrunch chronicles Bitconnect’s decline noting how the term “pyramid scheme” was not an unfair assessment as to what was going on: “Bitconnect was an anonymously-run site where users could loan their cryptocurrency […]
Economic Collapse: Will Cryptocurrency Save the Financial System?
Economic Collapse: Will Cryptocurrency Save the Financial System? In the second article of my three part series, I addressed how we got to the current state of this financial chaos. In this last article, I explain where we are heading and how cryptocurrency could be the last chance to create a sustainable economic system. Where to go from here? […]
The energy of Bitcoin, the information economy and the (possible) decentralization of the world
The energy of Bitcoin, the information economy and the (possible) decentralization of the world The near vertical rise and fall in price of the cryptocurrency Bitcoin in recent months has been accompanied by reporting about the energy used to run the Bitcoin network. The amount is enormous, more than enough to supply the entire country […]
