Category: BitCoin

Billionaire Hedge Fund Pioneer Ray Dalio: Bitcoin Is A Bubble, Not A Currency…Not A Store Of Value

Yet another financial expert is sounding the alarm on what he believes to be a widespread misconception about the nature of Bitcoin. The popular cryptocurrency, Bridgewater Associates founder Ray Dalio stated during a recent interview on CNBC, isn’t stable, nor is it actually worth the amount of money at which it is currently valued. Like…

Russia & China Using Gold To Pave The Way To Economic Independence

China wants to dethrone the dollar. But of course, it’s not alone. Russia would also love to knock the US off the top of the economic mountain. Putin is also positioning his country to free itself from the dollar-dominated global financial system. Like its neighbor to the east, Russia is using gold to pave the…

Bitcoin Digits Coming Under Strict Regulation In Australia: Getting Off The Ship While You Still Can

Australia is moving toward regulating cryptocurrencies like Bitcoin and Ethereum under new anti-money laundering legislation. According to the Australian Broadcasting Corporation (ABC), Parliament will vote on the measure this week. If it passes, it will place Bitcoin and other cryptos under the auspices of Australia’s financial regulatory agency. If the new laws are passed, the financial…

Puerto Rico Proves Fiat BITCOIN Is Worth ZERO After A Disaster

Fiat Bitcoin Centralizers Decided To Do Another Fiat Hard Fork For You On October 25, 2017 Bitcoin’s growing pains continue, it seems. Throughout the year and leading up to the summer, investors, developers, and miners [The Elite Centralizers] engaged in a difficult and at times tense debate about how to scale the cryptocurrency to accommodate the…

Russia Warns: Investments In Bitcoin Riskier Than Gambling

SOCHI, October 17. /TASS/. Russia’s Economic Development Minister Maxim Oreshkin compared investment in bitcoin with gambling and stressed that in case with crypto currency there are more risks. He voiced his opinion speaking at the International Festival of Youth and Students in Sochi. “As for bitcoin: if you look at how the value of this…

Fiat Bitcoin Centralizers Decided To Do Another Fiat Hard Fork For You On October 25, 2017

Bitcoin’s growing pains continue, it seems. Throughout the year and leading up to the summer, investors, developers, and miners [The Elite Centralizers] engaged in a difficult and at times tense debate about how to scale the cryptocurrency to accommodate the growing customer base and transaction volume. The result was the adoption of new protocols which…

Digital Fools Gold: Bitcoin Alchemy

Recently, Jamie Dimon of Citibank made headlines by labeling Bitcoin a fraud. Whether those comments played any part in Bitcoin’s recent sell off is hard to say, but the true believers reacted with predictable outrage given that the comments came from the ultimate Wall Street insider whose financial supremacy is supposedly threatened by crypto currencies…

South Korea Outlaws Cryptocurrencies Following China & Russia

Ethereum and bitcoin dropped after South Korea banned domestic initial coin offerings and margin trading in cryptocurrencies. The Financial Services Commission in Seoul said all forms of ICOs are prohibited in the country, including projects that share profits, rights, dividends, and other “coin-style” offerings, according to a statement. The commission also banned the practice of…

Become Your Own Central Bank And Bet Against The Debt

US Debt Clock September 25, 2017 ~ Click Here To Enlarge The Obfuscated Silver Price Is Presently At $17.12 Per Ounce With A Silver To Gold Ratio Of 77 to 1. The Real World Supply Demand Price Of Silver ‘Based Upon The Foreign Federal Reserve’s Fiat Debt’ Should Be At $745.00 Per Ounce Which Renders…

The Petrodollar Doomsday Clock Just Ticked Closer To Midnight

Don’t be Duped! [I do not believe the East will go along with the IMF running the show using the SDR.  I want to point out;… the IMF was originally a U.S. led creation whereby the U.S. had and has control via it’s veto power.  How exactly does changing from one “paper” currency to another change…

Deep State’s Version Of Fiat Bitcoin: IMF’s SDR

The war on Cash: The money in your savings account isn’t piled up inside your bank’s vault, which isn’t true. Your savings don’t really exist. It’s all digits in an electronic account ledger. People transact with these digital currency units, whenever a bank transfer is made, or a credit card is used. The Dollar Is…

Bitcoin aka ‘Digital Bit On A Spread Sheet’: Crashes On Massive Volume As China Plans To Shut Local Exchanges

Having bounced back dramatically from the 20% plunge following China’s ban of ICOs, Bitcoin is getting battered again this morning on very heavy volume as Caixin reports Chinese authorities plan to shut local Bitcoin exchanges. The supervisory authority has decided to close the exchange of virtual currency in China , which involves all the currencies and currencies of…

Keeping The Faith: Bitcoin’s Top Three Myths

“Bitcoin can never become the currency of the world because it uses as much electricity as an entire nation just to run the infrastructure,” Adams adds. “It would be slow, and the transaction would be high, and to solve that problem we create these {crypto control} hard forks that proves Bitcoin isn’t permanent.” When Bitcoin…