Posted on 12/21/2021 7:53:02 AM PST by norsky
I am sharing this because I purchased a bit and a friend sent me a vid explaining what it really is. the domain spoken of in this vid re crypto currency is .io, apparently in on Diego Garcia and run by CIA
The REAL Creator of Bitcoin ,, Excellent vid below. – Philip J. Venables
This week we reported on “The Reveal” that was released by Ivy McLemore, a sophomoric website claiming that Bitcoin was started by a man named James Bilal Kahil Caan. We called a PROPAGANDA ALERT and informed our audience that this is just more CIA disinformation to cover-up their global Ponzi crypto scheme and hide the actual creators of Bitcoin.
Listen to our audios and see the info we found at this link below:
Satoshi Nakamoto Dossier Reveals CIA Ponzi Scheme
Chuan Tian. (Jul. 13, 2017). Goldman Sachs [Paul Walker and Phil Venables] Granted ‘SETLcoin’ Cryptocurrency Patent. CoinDesk. https://www.fbcoverup.com/docs/library/2017-07-13-Goldman-Sachs-(Paul-Walker-and-Phil-Venables)-Granted-%E2%80%98SETLcoin%E2%80%99-Cryptocurrency-Patent-by-Chuan-Tian-CoinDesk-Jul-13-2017.pdf
Venables was an international delegate to a Highlands Group forum in Singapore in 2009. https://www.fbcoverup.com/docs/library/2017-10-09-Highlands-Group-Highlands-Forum-accessed-Oct-09-2017.pdf
Inventors: Paul Walker, Phil J. Venables. (Issued Jul. 11, 2017). CRYPTOGRAPHIC CURRENCY FOR SECURITIES SETTLEMENT, Assignee: Goldman Sachs & Co. LLC; Appl. No. 14/528,289, filed Oct. 30, 2014; Examiners: John Hayes, Jason Fenstermacher; Attorney: William A. Munck et al, Munck, Wilson Mandala LLC; Venables OATH. USPTO.
https://www.fbcoverup.com/docs/library/2017-07-11-US-Pat-No-9704143-CRYPTOGRAPHIC-CURRENCY-FOR-SECURITIES-SETTLEMENT-Inventors-Paul-Walker-Phil-J-Venables-Goldman-Sachs-issued-Jul-11-2017-USPTO.pdf
Philip J. Venables was a Goldman Sachs advisor to Barack Obama in 2016 (while he was simultaneously applying for a Bitcoin/Cryptocoin PATENT at the USPTO The Real Satoshi Nakamoto is Philip J. Venables
The bogus confessions of operatives claiming to have created Bitcoin seem to be diversions to keep attention away from the real bitcoin creators and owners – Goldman Sachs and Philip J. Venables, a member of the Highlands Group (1995), and a member of Obama’s Commission on Enhancing Cybersecurity (2016).
https://fbcoverup.com/docs/cyberhijack/cyber-hijack-findings.html#highland-forum
Executive Order 13718. (Feb. 09, 2016). Commission on Enhancing National Cybersecurity. Barack Obama. The White House. Federal Register, Vol. 81, No. 29, Feb. 12, 2016. GPO.
https://fbcoverup.com/docs/cyberhijack/cyber-hijack-findings.html#obama-fascist-eo-13718-iot
vid below.
What does Bitcoin look like under "the hood"
I am running a full BTC node...I guess I am CIA then?!?! Where is my government paycheck!!!!! (P.S. I don’t live on Diego Garcia).
10111110001100001011
LOL!!!
Yea, that video was a lot of made up conspiracy theories.
Crypto is suppose to be dead 402 times now.
It has no means of being a replacement currency.
A 'proper' currency should be issued by our US Treasury, and only get issued as payment for labor that has already been completed (i.e. - building a bridge). It should not reflect as debt (ownership of the future labor of others) on the opposite side of the balance sheet.
Also, a 'proper' currency must have a way of reeling in the money supply when it gets too hot. That was supposed to be the realm of taxation, where the US Treasury could then take some of that out of circulation to cool down an economy running too hot.
Bitcoin has absolutely none of that. Even the fact that it has a capped amount is bad - since there's nothing wrong with a money supply increasing in a growing economy - IF...it only grows from labor that's been completed (and not debt).
Bitcoin is the new 'goldbug' hypothesis - but it makes zero economic sense as a monetary mechanism is society.
It's a gamble - inflationary one day - deflationary the next (sometimes in the same day).
Lastly, does anybody REALLY think those who own the debt of this world (the slave masters over us) would allow a new monetary system that wasn't backed by debt? The answer is no.
Its “monetary mechanism” for society is as a decentralized store of wealth, with no borders or governments controlling it.
The true test of a monetary unit is—is it legal tender?
If not—you are on your own....
And all the zeros and ones in the universe won’t help you.
What court will defend bitcoin claims?
If none—you are on your own...
Bitcoin is property like any other asset or property. Just have an attorney who knows the subject, like any other property, and the evidence on the blockchain is pretty undisputed.
It has been done many times, and bitcoin has been recovered from legal action.
Coinbase, the main US exchange, insures all their accounts/wallets for millions.
You sound like a Von Mises student. I also oppose artificial monetary growth. Especially debt monetization (printing money).
What does Bitcoin look like under "the hood"?
Satoshi Nakamoto Dossier Reveals CIA Ponzi Scheme
I am sharing this because I purchased a bit and a friend sent me a vid explaining what it really is.
The domain spoken of in this vid re crypto currency is .io, apparently in on Diego Garcia and run by...the - sea - eye - hay.
More toward that end - but not completely in that school. Kind of a mixture of Von Mises and Adam Smith.
Basically, I boil everything down to its most common component - labor.
Then I ask the question - is it "completed labor" or is it "a claim on future labor" (slavery).
A claim on future labor is our current money supply, where those holding the claims control the future actions of others (also known as 'power').
I'm different from Von Mises since I believe everything revolves around the lust for power - and debt based money is a means to get there.
That would assume that all Bitcoin holdings would stay within that framework, and nobody would every cash out any holdings - transferring it to the debt-based money supply it is truly backed by.
If Bitcoin stayed within its ecosystem, and had a means of an honest authority (HA HA) both controlling its cap and removing excess supply when the economy heated up, then I think it would make for a very interesting discussion.
Since it will never have that - it is just a playground for gamblers.
It's not just the printing of currency - but any promissory note (written or vocal) that increases the money supply by the amount promised.
The money supply shrinks when debt is paid off.
This is why those wanting all debt to be paid off doing understand that they would starve as a result - since the money supply would go to $0.
bump
Thanks for the interesting comments. I do believe we are going cashless and it will be a digital currency. Seeing how easy it can be manipulated and used as a political weapon is disturbing. Seems like it is well planned out and that the covid plandemic is thrusting us headlong into it. just my 2 cents.
It what way would you think a “virtual currency” was real?
The money supply shrinks when debt is paid off.
This is why those wanting all debt to be paid off doing understand that they would starve as a result - since the money supply would go to $0.
That doesn’t make sense. You make thee case that inflation is a good thing.
And if you paid all the debt off in the world there would be no banks, and money per unit would be worth more as the scarcity produced by paying off debt would increase the unit value of the currency, to the point it would realize it’s true un inflated value, but it would never go to “0”.
You sound more John Maynard Keynes than Ludwig Von Mises.
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