The Banking Cartel a.k.a Money Mafia have flexed their muscles via their global arm Bank for International Settlements (BIS), signalling demise of cryptocurrencies is nigh. In another word, no currency that’s not under their control can hope to see light. Period.
Germany & France Order Global Bitcoin Ban
Germany and France have ordered a complete global ban on cryptocurrencies, including Bitcoin, in order to maintain long-term financial stability.
“He who controls the supply of money controls the world” — Wiseman
In a letter to G20 finance ministers – signed by French Finance Minister Bruno le Maire and his German counterpart Peter Altmaier – they said that Bitcoin poses a “substantial risk” to the world’s biggest banks.
RT.com reports: “Given the fast increase in the capitalization of tokens and the emergence of new financial instruments” based on them, “these developments should be closely monitored,” the ministers said.
Cryptocurrencies “are currently largely mislabeled as ‘currencies’ in the media and on the internet,” they said, adding that a “lack of clarity” about the nature of tokens “can only fuel speculation.”
They also called for greater protections for retail investors speculating in crypto, saying “the buildup of individual exposures to such volatile tokens could have damaging consequences for misinformed investors who do not understand the risks they are exposing themselves to.”
This week, warnings have been voiced by regulators and watchdogs from the Bank for International Settlements (BIS), the European Central Bank (ECB), and Hong Kong’s Securities and Futures Commission.
ECB board member Yves Mersch said on Thursday that “cryptocurrencies” are “not money, nor will they be for the foreseeable future.”
Bitcoin is “a combination of a bubble, a Ponzi scheme and an environmental disaster,” Agustin Carstens, the head of the BIS, said.
He called on central banks to clamp down on bitcoin and other cryptocurrencies to stop them “piggybacking” on mainstream institutions and becoming a “threat to financial stability.”
CRYPTO LIBERTY: END CENTRAL BANKING NOW
by Jack Mullen for Veterans Today
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning” – Henry Ford
“The regional Federal Reserve banks are not government agencies. …but are independent, privately owned and locally controlled corporations.” — Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982
“We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it.” — Congressman Louis T. McFadden in 1932
“The IRS appears to be a collection agency working for foreign banks and operating out of Puerto Rico under color of the Federal Alcohol Administration (“FAA”). But the FAA was promptly declared unconstitutional inside the 50 States by the U.S. Supreme Court in the case of U.S. v. Constantine, 296 U.S. 287 (1935), becauseProhibition had already been repealed. In 1998, the United States Court of Appeals for the First Circuit identified a second “Secretary of the Treasury” as a man by the name of Manual Díaz-Saldaña. See the definitions of “Secretary” and “Secretary or his delegate” at 27 CFR 26.11 (formerly 27 CFR 250.11), and the published decision in Used Tire International, Inc. v. Manual Díaz-Saldaña, court docket number 97 2348, September 11, 1998. Both definitions mention Puerto Rico. When all the evidence is examined objectively, IRS appears to be a money laundry, extortion racket, and conspiracy to engage in a pattern of racketeering activity, in violation of 18 U.S.C. 1951 and 1961 et seq. (“RICO”). Think of Puerto RICO (Racketeer Influenced and Corrupt Organizations Act); in other words, it is an organized crime syndicate operating under false and fraudulent pretenses. See also the Sherman Act and the Lanham Act.” – Private Attorney General, Paul Andrew Mitchell [underlining added] from the article 31 questions and answers about the Internal Revenue Service.
It’s no secret the central banking system (CBS) is a criminal, racketeering, counterfeiting, wealth stealing, money laundering system involved with long-term institutionalized larceny. The CBS permanently attached itself to the wealth of Americans in 1913 and, with just a few brief periods of instability, the parasite has persisted, almost without public notice, for more than 100 years. Today, “For A Limited Time Only”, it is possible to understand how this criminal system operates, how it fleeces and why economic systems infected with the ‘debt disease’, must ALWAYS collapse and die, resulting in the total ruin of the financial system and the maximum amount of wealth transfer (stolen).
Liberating Technology
Disruptive Technologies often destabilize tyranny, corruption, and monopolies, pushing them off their tenuous balance bringing more liberty and happiness to the people. There are many examples of disruptive technologies which have provided an overall increase in human liberty, like handheld firearms for example, micro-electronics and the Internet to name just a few, but for our purposes two examples are sufficient, encryption and the Internet.
Large key pair asymmetric cryptography, encryption algorithms, now provide a means to reliably encrypt information such that its privacy is, for all practical purposes, ensured.
“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.” –Satoshi Nakamato, creator of Bitcoin.
Decentralized and encrypted distributed ledgers are now possible which provide outstanding redundancy and assured privacy without the need for human trust. This technology allows for so-called trust-less transactions which enable nearly frictionless transactions to proceed without needing human interaction, wherein trust is required.
Cryptocurrencies are based on technology which creates trust as a requirement of continued operation and privacy increases as the system becomes more widely adopted, self ordering trust. Banks and systems of accounting which require people to maintain records, make clearing transactions and do the handling of currency are expensive and historically untrustworthy systems which people have ‘tolerated’ because no better system seem to be available.
Historical Banking Swindle
The banking/currency and financial systems of today have been created by small groups of people and foisted on the public at large by means of capturing governments and purchasing the Law. The current system of ‘money’ (currency) is created, copyrighted, and maintained by a private cartel of generational bankers, which use the system to enrich their own wealth exponentially.
The monetary system as it exists today is based on a scam, a slowly evolving, degradation of the value of currency which simultaneously and surreptitiously transfer the users wealth to the usurer – banking system. This happens in direct proportion to the ‘spiral of debt’ required to maintain the system.
The trick is every currency unit (dollar) which comes into the system is “borrowed,” resulting in an interest payment being required for as long as the dollar remains in the system. For every dollar borrowed, more dollars must be ‘borrowed’ to provide the money demanded to payback the principle AND the interest.
Eventually, over time as the money supply expands, the interest required to pay the rent on ‘borrowed’ money becomes exponentially larger and larger, leading inevitably to the collapse of the currencies buying power – the Crackup Boom! While the system is in operation, larger and larger amounts of the currency are paid to the bankers for simply creating money (with almost no effort) for ‘loaning’, the so-called ‘loan capital.’
Since the money has no intrinsic value of its own, the bankers attach real property and promises to pay to the loans which in time become banker property as interest payments rise to unserviceable levels. For you see, if new money is not ‘borrowed’ then interest rates will rise automatically to entice new money into the system, otherwise all property held as collateral automatically becomes the property of the lender. Overtime, this system collapses under the weight of the interest payments required but not before significant portions of wealth are transferred to the usurer (lender.)
Crypto Liberty
Bankers have ensconced their system of theft in reams of technical jargon and mathematical trickery. The banks themselves are created to appear formidable and instill a false sense of trust in the borrower and individual lender (creditor). In fact, the current system of international money and finance is extraordinarily complicated in operation because the system itself violates fundamental laws of economics. The resultant monstrous intertwining of networks of markets, products, regulation, daily interventions, and dealing with ever-rising tides of currency, have produced a semi-stable system of institutionalize larceny to which the common man has no access – it is unfathomable.
Cryptocurrencies are rather simple to understand and their operation cannot be hidden in mountains of deliberate obfuscation, further cryptocurrencies are not issued with interest payments required and with the necessary and proper initial conditions satisfied, cryptocurrencies cannot be counterfeited.
Cryptocurrencies remove the middle men, ensure honest and visible transactions which cannot be cheated or revisited for purposes of fraud. Cryptocurrencies require no handling, storing, or specialized fees for use and handling (yes there are fees for using the cryptos but these fees go down with improvements not upward).
Properly created cryptocurrency systems are deflationary by nature, the value (purchasing power) of the ‘coins’ increases over time rather than collapsing like banker debt-based currencies.
For an excellent understanding of banking system’s ‘money’ of today see the two part series Hidden Secrets Of Money by Mike Maloney. For an introduction to cryptocurrencies there are many on the internet, including this piece.
Now it is possible to understand why the Crypto Currencies have destabilized the CBS banking fraud and put the crime syndicates behind them in a state of maximum panic. We can also understand, now, why Central Bankers are at war against liberty enhancing, debt-slavery emancipating, middle man eliminating, trust-less (no trust required) distributive ledger technologies which, for the first time in 400 years, offer a simple to employ, easy to understand and use substitute for the CBS wealth stealing banking systems.
Central Banking is the Fuel of Worldwide Misery
Central Banking is responsible for all war – endless war. The Central Banking Swindle funds terrorism, destroys cultures, dislodges people and is attempting to eliminate all the races of Earth. Central Banking is a menace and danger to human life itself. Central Banking, controlled by a tiny, tiny collection of people, steers the life of all the people on the planet. Bankers control the media, make products, provide ‘financing’, gate keep education, manufacture toxic medicines, operate police forces, restrict travel, invade privacy, cause resource destruction, manipulate governments, cause regime change, and manufacture and defend harmful prohibitions and large monopolies in every field.
The time is now to End the Menace of central banking and debt based currencies; shrugging off the parasite and restoring the health of the host. A silent war is in progress and the fate of mankind is at stake.
Central banking is an advanced stage of parasitism, a cancer on civilization, which perverts and debases those it enriches, enabling the most evil to rise to prominence as good people are forced out or leave. The moral and just are far easier to eliminate in an increasing population of corrupted; the moral not being able to suffer the ruthlessness required to make the right decisions regarding the degeneracy they face.
In our world today, Central banking is responsible for ALL war, and for most of the suffering and misery of an ever increasing number of people. The bubble in human population, we also now face, is directly related to the rise of central banking and the continual need of the parasitic class to collect and then pretend to protect their prey.
The time is now to END the reign of terror of central banking and the wealthy-by-theft class of people this system enriches. Crypto technologies offers mankind a means to create decentralized financial systems and produce financial products requiring no trust, no middle men, no corrupt regulators and no part of the imaginary system built up to insulate the parasite class from the people they suck dry.
We are at the cross roads of a thousand roads; it is possible to drop the chains, move past tyranny and dethrone those who pretend they are our kings. Mankind can take back its rightful dominion or be dominated by debauchers and the criminally insane while they mock and taunt, incredulous that so many would allow so few to steal their dream.
Do your part now, for your children, for the love of your ancestors.
…Turn off Zionist-Banker-Monopoly Mainstream Media.
…Boycott National Sports Leagues
…Stop supporting anti-gun movements and the NRA. Choose Gun Owners of America or some other.
…Boycott Global Corporation Products
…Support Crypto Currencies
…Write your government servants and demand they END the Federal Reserve crime syndicate and remove the USA from all financial connections to the IMF and the BIS.
Declare all Federal Reserve Notes void. Repudiate all national dollar debt, exchange void dollars held by America citizens for either Greenback vouchers or Cryptocurrency at some well thought out rate of exchange.
All foreign exchange reserves SHOULD be pronounced void and all debt contracts with foreign nations repudiated.
Next, declare all dollar denominated agreements, instruments, and systems involving dollar transactions void. Remove and rescind all powers and activities of the Federal Reserve and all banks attached to the Federal Reserve system.
Return the powers and status of the organic United States Treasury and begin issuing new debt free currency as payment for Federal obligations.
People holding mortgages and other debt products of Federal Reserve Banks would be given full title to any property held as Mortgage Collateral or forgiven all collateral free loans. Formerly licensed Federal Reserve participatory banks should lose all claim to properties under collateral agreements.
Private, non-banking agreements, previously made in dollars, would be renegotiated in terms of the new currency.
All military bases in all nations around the world should be closed, all materials and men and women brought home to a growing jobs market absorbing these men and women as new manufacturing opportunities demanded workers.
Finally, it is necessary to place high tariffs on products that can be manufactured in America. Interest free loans could be made to those building and restoring American manufacturing, workers to be paid in the new currency.
Epilog
We live at a historical crossroads the likes of which men have not seen in a thousand years.
If we take this opportunity to end the corruption, take control of lives, get back our time and live as a means to our own ends, this can be the beginning of humanity 2.0.
If we fail to see the opportunity now at our feet, and we do not stop the bankers from interfering and controlling cryptocurrencies and our lives, then the misery will continue like interest payments always rising.
Standup for Crypto Liberty, a new chance for Liberty in a world on the edge of forever lost.
Every man dies, not every man really lives.
Aye, fight and you may die. Run, and you’ll live… at least a while. And dying in your beds, many years from now, would you be willin’ to trade ALL the days, from this day to that, for one chance, just one chance, to come back here and tell our enemies that they may take our lives, but they’ll never take… OUR FREEDOM! Mel Gibson as William Wallace in Braveheart the Movie.
Whaddaya Say?