This is obviously not a financial blog nor should this be regarded as financial advice. The reason that I am investigating this topic is because it should be obvious to everyone that we are approaching an economic crash. The crash is no accident, it is being carefully engineered to impoverish ordinary people and suck up the remaining wealth before introducing a new economic system. So first a video by Gregory explaining the current situation:
CENTRAL BANKS GONE WILD! Expect A Tsunami Of Inflation To Hit. Mannarino
Of course, Gregory spruiks Gold and Bitcoin as a means to protect against inflation. Now Gold and Silver have a known track record lasting millennia and although the price is being manipulated with paper Gold (ETF’s) at some point an economic crash will force the true value to emerge. Bitcoin and other digital currencies have only been around since 2008 (financial crash) and the “inventor” of Bitcoin is still a mystery. The whole thing makes me rather uncomfortable. I came across a website with some very good articles but also a number of speculative articles….I lifted this from one of the blogs:
Furthermore, if crypto-evangelists think blockchains can serve as tools of liberation, yet rail against health surveillance and vaccine passports as tools of enslavement, then how do they reconcile that some cryptocurrency and blockchain architects are deeply embedded in developing the interoperable platforms for immune passports (see here and here)? Additionally, do cryptocurrency users (who may think they are anonymous and sovereign in this virtual system) realize that each and every transaction they transpire leaves a virtual footprint that can be traced by those with the proper forensic skills — not to mention the more obvious concern of dotting their digital breadcrumbs for alphabet agencies (along with their supercomputers and AI) to track their movements along the serpent’s skin?
Part 7: The Endgame ~ One Web to Rule Them All Steve Kelly
Where Did Bitcoin Come From? – The True Story
Satoshi Nakamoto and the Civil-War Within Bitcoin
The Best Bitcoin Debate Ever Recorded (Anthony Pompliano vs Mike Green)
This is rather long but interesting and I tend to side with Mike Green who points out that a lot of “mining” is happening in Russia,Iran and China. That means that dollars are being sucked up by those countries to buy Bitcoin. He also pointed out that all it would take is for a country to control or smash the system is seven billion dollars.
My opinion is that Bitcoin and other crypto will make some people very rich but I believe that it is being controlled. It is not a way to “circumvent” the system but a way to capture it. It is quite possible that major “mining” is happening in China et al but in the end I think it is a CIA/Mossad creation. When the time comes they will introduce their own digital currency and convert and/or cancel competing digital.
In the meantime the faithful keep their eyes open and watch and wait. Our riches are stored up in heaven and we seek merely to survive and witness as best we can.