The extraordinary virtual reality of Bitcoin is so massively corrupted that agencies have no idea how to invade it’s cyber space.
We don’t know who created it, who developed the program, where, or when it was originated, and yet it has grown into a massive conglomerate of cryptocurrency without the traditional backing of gold. It is a bubble waiting to burst and yet no one could be held responsible because we don’t have a clue who is behind it…
Much like a virtual reality game, Bitcoin created it’s own language, cast, crew and dialogue:
You have Miners and Bitpay and Coinbase, software wallets, wallet stores, input owners, blockchains, network nodes, virtual ledgers, key holders, and transactions can occur as a representation of as little as one hundred millionth of a bitcoin.
It reminds me of the old game Simm City whereby a city would be created using computer software replete with houses, offices, skyscrpaers, garden, people, roads etc… A virtual city that you as the gatekeeper managed. Bitcoin is a virtual monetary unit and most likely was initially created as a – game.
For lack of an inventor, the name Satoshi Nakamoto was created for no other reason than to give reality to a nonexistent programmer. An institute was created in 2012 to give credence to the name. A foundation was developed. All under a ficticious name representing a virtual reality nonexistent product… What’s worse, this global scam has captivated hundreds of thousands of people into it’s web.
The underlying concept of Bitcoin is that it is decentralized, it has no Federal Reserve Bank as it’s third party vendor, and thus it is employed in a more free and open market. It is a world currency, which could translate as the basis of a ‘one world government’. There are multiple fallacies within the concept; 1) someone(s) have to manage the ledgers, the computers, the programs, and the upkeep, 2) if the ledgers are virtual, stored in a virtual node, hacking could bring about a complete failure of all transactions and ledgers, 3) it’s value is artificially created, it has nothing to support it’s value other than a program created by a programmer who makes the stipulation and like the Wizard of Oz, becomes the absolute authority, and 4) there is no checks and balances, fraud, theft, collusion, manipulation, are all freely engaged.
All transactions are completely anonymous given that the both the buyer and seller users are identified only by a Bitcoin number. Tracing transactions is completely opaque which has given rise to its usefulness within the underworld, trafficking, porn and other criminal conduits. Few actual mainstream banking or investment houses will trade in this medium. In fact, JP Morgan CEO, Jamie Dimon, has recently declared that Bitcoin is a Fraud. But there may be an ulterior motive…
Today there are roughly 16.5 million Bitcoins in circulation with a current value of roughly $3825; $63.1 billion float.
Gavin Andresen claims that the fake founder Nakamoto, handed him the power to manage Bitcoin in 2010. Andresen is a software developer whose claim to fame was 3D Graphics and online games for the blind. In other words, a brand new world currency that could revolutionize monetary policy was handed over to a guy who was working on a computer game… He is currently claiming to be ‘the developer’ of Bitcoin.
In 2016, Andresen publically announced that he was not the actual founder and programmer of Bitcoin, but that this title was conferred on Craig Wright. Oddly, it was later proven that Craig Wright was a fraud. So why would Andresen readily hand over his crown to someone he knew was a fraud?
Given that Andresen claimed to have worked alongside the pseudonym Nakamoto, he would be the only person to know who the real inventor was, and in deferring to Wright, that should have served as proof. But investigations by Wired and Gizmodo, claim their evidence proved Wright was a fake. Therefore we must also conclude that Andresen is a fake. And as expected, Bitcoin is being set up to crash. But not before a replacement has been created aka Soros and the Banking Cartel.
Think George Soros is out of touch? The media would like us to believe so. Tch-Tch. Think again. BitGold, a Canadian startup is taking the virtual currency concept in a slightly different direction, using gold as the bit source, or node. Josh Crumb, one of the founders brags that he has some heavy weight investors including Alex Soros, son of George Soros.
In this scenario, the ‘physical gold’ is stored in Brink’s Vault. Sold on the NY Exchange under the symbol XAU, it is now considered the most popular gold exchange rate. And while the CEO of JP Morgan is claiming Bitcoin is a fraud, for the past two years JP Morgan Chase has been busily not only mining gold, but accumulating and hoarding physical gold and silver, all the while encouraging the use of digital currency… as in BitGold.
Who else is hoarding gold? France, Germany, India, Norway, Switzerland, China and Russia.
Oh my, oh my. Funny how that makes sense.
Self-described Bitcoin creator must pay US$100M in lawsuit
https://www.bnnbloomberg.ca/self-described-bitcoin-creator-must-pay-100-million-in-lawsuit-1.1691887
Early in Bitcoin’s becoming known to techs and geeks (like me), it was well known that this Satoshi guy was a pseudonym and that nobody knew who he was.
The whole thing (the software of Bitcoin) is open-sourced completely, so it’s not like a black box. A “black box” represents something hidden from view, like proprietary source. So everybody knows how it works because there are enough coders that eyeball the code and any of them can correct another who gets it wrong.
There is a limited number of servers “around the world” who track ALL Bitcoin transactions. This is one, just one of the reasons I am dubious about claims that governments can’t touch it. When the Beasties (the “people of the prince that shall come” [Daniel 9], the One-Worlders) get the first version of world government policing powers they can get, they may nationalize those servers.
There is anonymity in Tor, but you have to be as paranoid as Snowden and tech-savvy to really hide from authorities there. The Feds Silk Road transactions in that Bitcoin server infrastructure closely, until the owner made one little slip.
See when they’re determined they get you, they probably will. Protecting the Fed monopoly on currency used in trade is a big deal for them…
They are going to love using electronic currency.
But eventually they will use the embedded microchip. It will be required. Will it be the dollar? Good chance not. The United States of America does not seem to match the prophesied attributes of the Beast or his government. It does match pretty good the description of the Great Whore in Revelation 17 and 18. Kings got rich around the world in her, trading in U. S. dollars. International bank settlements in dollars go through New York a lot. –The stories about the billion-dollar theft from the central bank in Malaysia all mentioned the New York Fed in the story. When I was a missionary in Latin America my banking often went through New York.
Just refuse the embedded microchip. Don’t get “chipped”.
WOWW! Lot’s of information – thanks for sharing
By the way, the Bitcoin application did have a glitch a couple of times, fixed overnight by coders.