Nov 28, 2022·edited Nov 28, 2022Liked by Mathew Crawford
Hi Mathew. I subscribed to your Substack in recognition of your work on the GUT article, and also because I wanted to post my comments here, rather than on the ZH zoo.
I'm not invested in crypto, but I read the whole thing (pushing an overdue deadline of my own in the process!) This is just a great piece of journalism, lots of deep digging and dot connecting that I haven't seen elsewhere as I follow this important, suppressed story.
It's probably too much to expect the average reader to invest the time and, more urgently, thought required to process everything you lay out in this epic analysis. I had to laugh at the "7 out of 10, nice try" remark. One thing I learned coming up as a copywriter is that when offering a critique, it's not enough to say something doesn't work...you have to provide an alternative suggestion. As in, *here's* the missing perspective, and *these* crucial pieces are missing. Again, a bridge too far for sideline critics with no understanding of what it takes to produce a piece like this.
Glad to have found your work. Thanks for this one, and looking forward to the next.
Nov 28, 2022·edited Nov 29, 2022Liked by Mathew Crawford
There may have been one particularly crucial piece missing from the summary without which every explanation inadvertently becomes misdirection - the black budget beyond the black budget, which has been estimated at 21 trillion dollars over the last two decades. Other than Catherine Austin Fitts, not too many people understand how trillions secretly disappear from federal budgets and are repurposed. On what were those trillions spent? Secrecy is one answer.
Stock market manipulation (the 2001 Tech Pump & Dump) plus the Bailout add another $20 trillion to the other missing $21T. What did they buy for $41 trillion?
In addition to the overt Financial system and the black budgets, there's a separate, very large, Hidden Financial system pulling the strings which has shifted the locus of global control. This missing puzzle piece is the invisible elephant in the room.
I remember references to the black budget and banking-intelligence complex, but the Hidden Financial system is far larger and far more secret. It's like God. I don't remember you writing about God.
Black budgets are generally in the tens of millions. This is different - it is a parallel Financial system in the trillions of dollars that is secret. Please see the link I posted and you will learn all about it.
I was already checking it out. However I am skeptical of Youtube in general as if the link is the real truth instead of a misdirect it would be unusual. I have not finished watching. I have been aware of the work of Katherine Austin Fitz for many years. I trust her, but remain skeptical nonetheless.
Your thoughts on the links I provided is appreciated.
I don't know what to think of Larry Romanoff, I've not heard of him before. His assertions are somewhat backed by cites, but you'd have to be a real scholar of the arcane to evaluate them. For myself, I don't have an opinion except to note that his writing is interesting. He likely has some things correct and some things wrong, so one would first have to figure out which were correct, and then the real problem arises, which is determining the degree of relevant significance. He certainly seems concerned about Jewish bankers. Heck, I was a banker once and I never thought twice about religion. Maybe I was missing something, but was it significant?
Still watching the link you provided (I was out most of the day) Cynthia McKinney is featured. I own a book Cynthia McKinney edited "When China Sneezes" and have read a good deal of it.
WHEN CHINA SNEEZES
From the Coronavirus Lockdown to the Global Politico-Economic Crisis
I found your article on ZH and was immediately hooked. I apologize if I offended you and your fierce friend. I'm new to the substack subscription thing. It was a very impressive article in my humble opinion.
I feel like I'm guilty of reading it without your permission. That sounds kinda silly I guess. I have no problem with going into battle against anyone on ZH even though I'm a member. If you will permit me, I'll post this review there. Thank you for your response. This has been a great experience.
the comments are sometimes more interesting than the articles ! Specially those of people who seem to know nothing about the subject but give comment anyway (probably guilty myself sometimes)
Some readers may be interested in another Substack piece that compares the FTX saga to that of BCCI 40 years ago:
"BCCI was a criminal enterprise that bought the appearance of legitimacy through donations and political contributions. BCCI used a convoluted corporate structure to obfuscate its activities. BCCI also managed to covertly take over a U.S.-based and -regulated bank and use it for money laundering. BCCI stole customer funds to hide losses, cover expenses, and give to insiders. BCCI was involved in massive money laundering and some of the biggest scandals of the time.
Whitney Webb has done a lot of research into BCCI and PROMIS Octopus that are key elements in covert financial network add detail to her show about FTX and money laundering.
It was an epic report that unpacked a lot to think about.
Half of ZH comments always end up making me think about putting a gun in my mouth. I can't imagine reading ZH comments of a story I put so much energy in.
ZH got banned from Twitter, early in 2020 for publishing a lab leak story. When I heard about this I started reading it which led me eventually to other folks on Substack and eventually to you Mathew. I hope you get lots more subscribers, especially paid ones.
Mathew has linked to a video of economist Richard Werner discussing bank credit creation. Here is a relatively recent speech, Q & A, and interview in which Werner discusses the push for CBDC. https://youtu.be/QECujWeIjpg
At 1:20:00 (during the interview) he talks about the name "Satoshi Nakamoto" and Bitcoin. I found the entire video enlightening.
satoshi = Wisdom or sense (intelligence 1:21:40) = Chinese = Wisdom or ?intelligence?.
nakamoto satoshi = Central Intelligence ??? about 1:22:15
nakamoto = 中本 and satoshi = 覚
***
My wife is Korean and was trained when a child to write the Ancient Chinese Characters and also there construction and meaning. At no time has she ever used the word intelligence with the Chinese glyph 覚. Wisdom is the word that spontaneously came from her explanation of the glyph.
***
She is researching two core meanings and glyps of the words Wisdom and Intelligence. In Chinese they are different but come from the same root. Since the arise from our being (for lack of a better word) the Chinese character for being/spirit/life is common root of both. The glyph for Wisdom is different from the glyph for Intelligence. When she provides her documentation I will up date this comment.
The "Satoshi Nakamoto = Central Intelligence" trope has been floating around for a while. It's glommed onto by people who want to validate some set of priors.
There are always multiple meanings possible for some number of characters, but "fundamental wisdom" seems closer to the personality of the Bitcoin inventor, judging by their personal writing.
I don't comment so much for "hearts" given, like many here, I'm a little low on the "agreeableness" scale. But when even one commenter responds showing they understand the contribution, and have more to add, it is rewarding. It's the little things these days.
As in you have the originators of the cryptos manipulating the market driving up the value of each other's tokens in a big circle jerk of fraud....
They hire PR Companies to hype what is actually fraud --- and whip up FOMO amongst the gullible....
The gullible enter the casino (it is a casino there are no fundamentals - except of course who has the best fraud - but how can you really know when they are all fraudulent).... and punt their fiat and pull the handle hoping to hit the jackpot.
And the originators of this giant ponzi scheme are cashing out laughing at those infected with FOMO...
I know some folks who are in this FOMO cult ... but here's the thing... they do not believe it's fraud .. or a ponze... they truly believe. This is their new religion.
They believe Bitcoin (e.g.) is going to 500k ... cuz the PR Team said so. I know for a fact they also believe Safe and Effective - they are boosted.
Anyhow... I also know that they did not take $$$ off the table - that thing you can actually use to buy stuff.... how do I know that?
Cuz they were urging me -- you must own Bitcoin ... please just buy at least one -- when it was over 60k.... it's a bargain they said. Ah... so it's going to 500K? For sure they said - 100%.
I am sure they were taking their bonuses and buying more at 60k.
If a Massiah appeared on Earth today and wore blue robes, we would see 9,000,000 con artists start wearing blue robes, running scams that attract through the mystique of the blue robes.
In other words, Bitcoin cannot be judged by the crypto industry. At all. Except perhaps to note that it was important enough for the rest to exist.
The evidence is that Bitcoin serves no purpose and should not exist.
The rationale - if it can be called a rationale -- (straight from the PR Team running the psyop) is that it BC will replace the USD as the reserve currency.
Hmmm - sounds suspiciously like a counterfeiting operation.
Imagine what would happen if I purchased a top of the line printing press and started to brrrr... off FE's (that's my token!)... Then I announce to the world that my FE's are going to replace the USD and the reserve currency.
The FBI ignores the Biden Family but anyone not think they'd come for me rather quickly if I went down this path?
Oh come now the BC Cultists will insist - that is different --- BC is virtual -- the FBI is unable to target those who hodl BC. The Fed is powerless to stop BC.
So they allow it - in fact they even discuss regulating it -- they allow financial institutions to hodl it -- essentially the most powerful entity on the planet --- gives the stamp of approval to BC...
They raise the white flag -- feel free to pursue your counterfeiting operation -- we relinquish our reserve currency to BC.
Just like that ... the USD is usurped and the owners of the Fed are junked.
But wait -- what about the NSA - and big tech.... The Police wrote a song about this... every move you make every breath you take.... I'll be watching you....
BTW - I have good friends in the telecoms industry (in fact they funded one of my businesses) and they told me in the 90's that they were required to install monitoring software on their mobile networks... (they started networks across a number of Asian countries). It's The Law - every government requires this. The monitoring was nowhere near as sophisticated as it is now but it was still effective - if you uttered the wrong word e.g. cocaine... the sniffer software went on alert...
Anyhow ... so here we are - Apple acknowledges they are required to include monitoring software (supplied by our good friends at the NSA no doubt) on their devices. Anyone think all manufacturers are not doing the same?
Google Facebook etc monitor your comments as well as voice discussions and they serve ads based on what you are talking about ... a few years ago I was on a skype call with my brother ... we have a friend who works for an engineering firm - Hatch... I asked if he was still working for Hatch...
The next day lo and behold --- I am seeing banners for Hatch -- a stock trading platform in NZ (where I live). Wrong Hatch but hey .. anyone not think that was a result of voice monitoring by Skype AI? AI is not really that smart - it can't even fool captcha...
Every stroke - every word --- every thought... well maybe not every thought ... you make in the presence of a computer --- is being monitored --- the entire lot.
You buy BC -- the NSA knows - the Fed knows... every person who had an account with FTX ... the NSA knows.. the Fed knows....
You trade BC you are engaging in what is essentially a counterfeiting operation that has as it's main goal to replace the USD and make the Fed obsolete.
The Fed is all powerful. And the Fed goes to war to defend it's franchise... they would normally bomb any country that slights them ... into the stone age.
But with BC for some reason... they allow it to exist... they even allow financial institutions to engage in the counterfeiting ... they allow companies to sell goods and services using the counterfeit wanna be reserve currency ..... (not that many actually buy anything with BC -- they usually convert it to $$$).
Funny that.
If I was an owner of the Fed --- I'd crush BC ...
What I would do is immediately declare it illegal to own or trade BC. 10 years in jail being a starting point for penalties.
I would prevent all banks from trading BC for any currency.
Any company accepting BC for goods or services -- gets a massive fine.
I would then provide a grace period - delete your BC or else...
No doubt some of the cultists would believe they are invisible (the PR Team said so)... I'd then have the NSA identify a handful of cultists who didn't delete their accounts... and I'd bust them and give them very long sentences.
BC >>> 0. That I can guarantee.
But the Fed doesn't do any of this. They allow BC to exist
BC is a psyop.
I've had this discussion with BC cultists before --- one is a top lawyer in a US investment bank... went to a fancy Ivy college on a math scholarship ... initially was a scientist but shifted to law... generally a logical person
He is unable to offer a counter argument.... he does not dispute that the NSA knows all... yet despite my objections he no doubt believes it's Safe and Effective despite the logic bomb I've dropped on his parade...
He was one of those urging me to buy BC at 60k+ cuz it's going to 500k.... of course that cuz it's going to be the new reserve currency....
It's difficult to get hard evidence of a psyop ... especially one that is ongoing... the people behind these things are extremely secretive... even if one of them was to blow the whistle the MSM would 'Mike Yeadon' that person.
And as we know -- people trapped in cults are nearly impossible to turn... I have engaged with Mike Yeadon - he has indicated that he has failed at turning most of his family members...
This is like someone from the Fed betraying the cause and announcing BC is a psyop ... and the cultists laughing
It's like Al Gore coming out and saying GW hahaha... a scam from day one... they asked me to front that sucker and I cut a deal saying ya ok I'll do that but I need to get paid...
And the global warming cultists shrieking - he sold out to the coal industry - traitor!!!! GW is real... we are burning up.... the ice is melting ... Greta said so!
I don't do crypto but if I did it would only be Bitcoin. From the beginning only a fixed number of coin were available. I am not an expert but I believe the value of bitcoin in the beginning was 0.
People assign value to anything. They also can be conned to assign value to anything. This is at least as old as the Bible. Currency and fraud seem to go together, especially with the FED and the Treasure of the US.
Bitcoin has never been hacked. The claimed hacks were to nodes that connected to Bitcoin not being robust. So folks using those nodes lost money. Bitcoin is not the problem.
I do enjoy a good debate ... can someone explain to me what part of this I've got wrong?
Would you say the NSA does not know who's trading BC?
Here's another fun debate I never get to have... I have explained the connection between Covid - the Injections and the depletion of cheap energy.
The usual response is - there's lots of cheap energy remaining and/or oil is abiotic.
Then I ask -- why are we steaming oil out of sand... drilling miles beneath the ocean to get at oil .. and drilling thousands of holes -- dropping bombs down the holes to blow up the rock... then sucking out the dregs... if there is so much easy oil remaining? Oh and if it's abiotic please point me to the presentations from oil majors where they explain how various fields are refilling and that will drive earnings in the coming quarters.
I get silence on those questions too.
Just like I get silence if I show the CovIDIOTS charts that demonstrate most covid hospitalizations involve multi rat juiced vaxxers.
Or how about like when I explain to a global warming fan that if one was to read history (I read a lot of it)... climate changed dramatically over the course of decades causing huge disruptions... that was all before we burned fossil fuels... and they go silent.
Or even better -- I enjoy explaining to green groopies that renewable energy is not the saviour ... cuz it's too expensive - not enough materials to make it happen -- and last but not least I like to point to Germany - lots of 'renewables' but they have to run a second power generation system (coal fired) cuz at night or when the sun/wind are not available people want power... and you can't just flick the switch on at a coal plant - it has to run 24/7... they go silent on that one as well.
If someone goes silent -- I step back -- and let them enjoy their time in DelusiSTAN... they get that zombie look on their faces... it's a dream-like state ... or maybe they are full catatonic and they don't dream ... just blank...
It's definitely a weird phenomenon ...
For those who've never seen it -- if you have dog ... make high pitched whistling noises... and watch his reaction.
I think that spending the first few bicoins will finger the creator.
I do hope that the truth does come out at least when they can no longer be used to manipulate the system.
I expect that there is a super/quantum computer out there trying to break the wallet addresses of the first coins and not for any noble reason.
I hope bitcoin is noble and not a Trojan. As it is now the resistance from the system makes it hard to use but gives it credibility as antiestablishmentarian. Regrettably almost any user gets fingered by some or other banking regulation and that reduces the utility a lot.
If it is a Trojan then there is a lot of restraint shown by the controllers to allow as much money to be sucked out of it before causing it to implode or using it to target every past and present user as a terrorist paedophile.
The same can be said for services that sell resistance literature, they have the details of everyone who is critical of the narrative and this may be used to target us in the future. All very sad.
I read 0hedge "daily" to find writers like Matthew. I've learned a lot and, have also finely-tuned my bullshitometer 💞 A path leads to many directions.
Dec 2, 2022·edited Dec 2, 2022Liked by Mathew Crawford
Great and very thorough article...I read the whole thing on a flight in-between naps :-)
But what should be explored further is WHO IS WILLIAM MACASKILL?
Philosophy Professor my ass. He was a Handler and is clearly an Intelligence Cut Out, birth Surname supposedly Crouch, not really anything about who his parents are.
I agree that this is an extremely important question. Whitney Webb told me that she was working on that question, so I haven't made it my top priority. Whatever she comes up with, I'll link to in a future article.
Hi Mathew. I subscribed to your Substack in recognition of your work on the GUT article, and also because I wanted to post my comments here, rather than on the ZH zoo.
I'm not invested in crypto, but I read the whole thing (pushing an overdue deadline of my own in the process!) This is just a great piece of journalism, lots of deep digging and dot connecting that I haven't seen elsewhere as I follow this important, suppressed story.
It's probably too much to expect the average reader to invest the time and, more urgently, thought required to process everything you lay out in this epic analysis. I had to laugh at the "7 out of 10, nice try" remark. One thing I learned coming up as a copywriter is that when offering a critique, it's not enough to say something doesn't work...you have to provide an alternative suggestion. As in, *here's* the missing perspective, and *these* crucial pieces are missing. Again, a bridge too far for sideline critics with no understanding of what it takes to produce a piece like this.
Glad to have found your work. Thanks for this one, and looking forward to the next.
Greatly appreciated.
I wish I could correct the typos in my tweet to zerohedge. Ha! That's what I get for typing when I am pissed.
There may have been one particularly crucial piece missing from the summary without which every explanation inadvertently becomes misdirection - the black budget beyond the black budget, which has been estimated at 21 trillion dollars over the last two decades. Other than Catherine Austin Fitts, not too many people understand how trillions secretly disappear from federal budgets and are repurposed. On what were those trillions spent? Secrecy is one answer.
Stock market manipulation (the 2001 Tech Pump & Dump) plus the Bailout add another $20 trillion to the other missing $21T. What did they buy for $41 trillion?
In addition to the overt Financial system and the black budgets, there's a separate, very large, Hidden Financial system pulling the strings which has shifted the locus of global control. This missing puzzle piece is the invisible elephant in the room.
https://www.youtube.com/watch?v=w0mimIp8mr8
I've talked about it in other articles. In some sense, it's almost surely below the chain of links in the article. :)
I remember references to the black budget and banking-intelligence complex, but the Hidden Financial system is far larger and far more secret. It's like God. I don't remember you writing about God.
Not quite like God but quite like their god, Satan.
https://www.bluemoonofshanghai.com/politics/2331/
https://www.unz.com/lromanoff/the-city-of-london/
there is more. It would be nice if you can document the info you have on the "Black Budget"
Black budgets are generally in the tens of millions. This is different - it is a parallel Financial system in the trillions of dollars that is secret. Please see the link I posted and you will learn all about it.
will do. Thank you
Added:
I was already checking it out. However I am skeptical of Youtube in general as if the link is the real truth instead of a misdirect it would be unusual. I have not finished watching. I have been aware of the work of Katherine Austin Fitz for many years. I trust her, but remain skeptical nonetheless.
Your thoughts on the links I provided is appreciated.
Skepticism is always good, but YouTube doesn't matter, only the content matters. We don't want to judge a book by its cover.
I don't know what to think of Larry Romanoff, I've not heard of him before. His assertions are somewhat backed by cites, but you'd have to be a real scholar of the arcane to evaluate them. For myself, I don't have an opinion except to note that his writing is interesting. He likely has some things correct and some things wrong, so one would first have to figure out which were correct, and then the real problem arises, which is determining the degree of relevant significance. He certainly seems concerned about Jewish bankers. Heck, I was a banker once and I never thought twice about religion. Maybe I was missing something, but was it significant?
Hi Buddhi,
Still watching the link you provided (I was out most of the day) Cynthia McKinney is featured. I own a book Cynthia McKinney edited "When China Sneezes" and have read a good deal of it.
WHEN CHINA SNEEZES
From the Coronavirus Lockdown to the Global Politico-Economic Crisis
Edited by
Cynthia McKinney, Ph.D.
Thank you for your big work, Mathew! We appreciate you so much.
I found your article on ZH and was immediately hooked. I apologize if I offended you and your fierce friend. I'm new to the substack subscription thing. It was a very impressive article in my humble opinion.
Thank you.
How would you have offended us? I'm missing something.
I feel like I'm guilty of reading it without your permission. That sounds kinda silly I guess. I have no problem with going into battle against anyone on ZH even though I'm a member. If you will permit me, I'll post this review there. Thank you for your response. This has been a great experience.
the comments are sometimes more interesting than the articles ! Specially those of people who seem to know nothing about the subject but give comment anyway (probably guilty myself sometimes)
Commenters have to say SOMETHING. Except for me, I got nothin'.
Some readers may be interested in another Substack piece that compares the FTX saga to that of BCCI 40 years ago:
"BCCI was a criminal enterprise that bought the appearance of legitimacy through donations and political contributions. BCCI used a convoluted corporate structure to obfuscate its activities. BCCI also managed to covertly take over a U.S.-based and -regulated bank and use it for money laundering. BCCI stole customer funds to hide losses, cover expenses, and give to insiders. BCCI was involved in massive money laundering and some of the biggest scandals of the time.
"https://dirtybubblemedia.substack.com/p/a-forgotten-banking-scandal-suggests?utm_source=substack&utm_medium=email
Whitney Webb has done a lot of research into BCCI and PROMIS Octopus that are key elements in covert financial network add detail to her show about FTX and money laundering.
https://unlimitedhangout.com/2022/11/resources/show-notes/the-network-behind-ftx-with-marty-bent-and-michael-krieger/
Don’t give up your rights Matthew!
Only one t in Mathew 😀
Oh darn! I knew that. I dictated though. And I forgot to go back and remove a T
Was not meant as criticism of you, it was more to get a smile out of Mathew.
😊😉
It was an epic report that unpacked a lot to think about.
Half of ZH comments always end up making me think about putting a gun in my mouth. I can't imagine reading ZH comments of a story I put so much energy in.
ZH got banned from Twitter, early in 2020 for publishing a lab leak story. When I heard about this I started reading it which led me eventually to other folks on Substack and eventually to you Mathew. I hope you get lots more subscribers, especially paid ones.
Mathew has linked to a video of economist Richard Werner discussing bank credit creation. Here is a relatively recent speech, Q & A, and interview in which Werner discusses the push for CBDC. https://youtu.be/QECujWeIjpg
At 1:20:00 (during the interview) he talks about the name "Satoshi Nakamoto" and Bitcoin. I found the entire video enlightening.
Richard Werner suggests @ about 1:22:15 that nakamoto satoshi = Central Intelligence ???
That is a stretch. Here are the characters - nakamoto = 中本 and satoshi = 覚
What follows is the time where Richard Werner interprets the meaning of Nakamoto Satoshi
___________
https://www.youtube.com/watch?v=QECujWeIjpg
naka = middle - moto = Center/origin 1:21:20
satoshi = Wisdom or sense (intelligence 1:21:40) = Chinese = Wisdom or ?intelligence?.
nakamoto satoshi = Central Intelligence ??? about 1:22:15
nakamoto = 中本 and satoshi = 覚
***
My wife is Korean and was trained when a child to write the Ancient Chinese Characters and also there construction and meaning. At no time has she ever used the word intelligence with the Chinese glyph 覚. Wisdom is the word that spontaneously came from her explanation of the glyph.
***
She is researching two core meanings and glyps of the words Wisdom and Intelligence. In Chinese they are different but come from the same root. Since the arise from our being (for lack of a better word) the Chinese character for being/spirit/life is common root of both. The glyph for Wisdom is different from the glyph for Intelligence. When she provides her documentation I will up date this comment.
Thank you for your patience
The "Satoshi Nakamoto = Central Intelligence" trope has been floating around for a while. It's glommed onto by people who want to validate some set of priors.
There are always multiple meanings possible for some number of characters, but "fundamental wisdom" seems closer to the personality of the Bitcoin inventor, judging by their personal writing.
Cheers.
Great comment. I agree with that last sentence.
I don't comment so much for "hearts" given, like many here, I'm a little low on the "agreeableness" scale. But when even one commenter responds showing they understand the contribution, and have more to add, it is rewarding. It's the little things these days.
I am partial to Wolf Richter's view of all crypto .... I find the incestuous nature of this phenomenon particularly fascinating ...
https://wolfstreet.com/2022/11/21/i-agree-dont-regulate-crypto-let-it-burn-making-good-progress-on-its-own/
As in you have the originators of the cryptos manipulating the market driving up the value of each other's tokens in a big circle jerk of fraud....
They hire PR Companies to hype what is actually fraud --- and whip up FOMO amongst the gullible....
The gullible enter the casino (it is a casino there are no fundamentals - except of course who has the best fraud - but how can you really know when they are all fraudulent).... and punt their fiat and pull the handle hoping to hit the jackpot.
And the originators of this giant ponzi scheme are cashing out laughing at those infected with FOMO...
I know some folks who are in this FOMO cult ... but here's the thing... they do not believe it's fraud .. or a ponze... they truly believe. This is their new religion.
They believe Bitcoin (e.g.) is going to 500k ... cuz the PR Team said so. I know for a fact they also believe Safe and Effective - they are boosted.
Anyhow... I also know that they did not take $$$ off the table - that thing you can actually use to buy stuff.... how do I know that?
Cuz they were urging me -- you must own Bitcoin ... please just buy at least one -- when it was over 60k.... it's a bargain they said. Ah... so it's going to 500K? For sure they said - 100%.
I am sure they were taking their bonuses and buying more at 60k.
I passed on the 'opportunity'...
They don't mention Bitcoin anymore.
This pretty much sums up cryptos https://twitter.com/coryklippsten/status/1512539530682806275
If a Massiah appeared on Earth today and wore blue robes, we would see 9,000,000 con artists start wearing blue robes, running scams that attract through the mystique of the blue robes.
In other words, Bitcoin cannot be judged by the crypto industry. At all. Except perhaps to note that it was important enough for the rest to exist.
But Bitcoin is also involved in the circle jerk of fraud... it leads the way.
I suspect the originator of Bitcoin is the Fed and/or the CIA.
It has the stench of a PR Team about it... all the fancy terminology ... blockchain .. mining etc...
"Bad things about Bitcoin with no evidence or explanation."
You're a broken record, Fast Eddy.
The evidence is that Bitcoin serves no purpose and should not exist.
The rationale - if it can be called a rationale -- (straight from the PR Team running the psyop) is that it BC will replace the USD as the reserve currency.
Hmmm - sounds suspiciously like a counterfeiting operation.
Imagine what would happen if I purchased a top of the line printing press and started to brrrr... off FE's (that's my token!)... Then I announce to the world that my FE's are going to replace the USD and the reserve currency.
The FBI ignores the Biden Family but anyone not think they'd come for me rather quickly if I went down this path?
Oh come now the BC Cultists will insist - that is different --- BC is virtual -- the FBI is unable to target those who hodl BC. The Fed is powerless to stop BC.
So they allow it - in fact they even discuss regulating it -- they allow financial institutions to hodl it -- essentially the most powerful entity on the planet --- gives the stamp of approval to BC...
They raise the white flag -- feel free to pursue your counterfeiting operation -- we relinquish our reserve currency to BC.
Just like that ... the USD is usurped and the owners of the Fed are junked.
But wait -- what about the NSA - and big tech.... The Police wrote a song about this... every move you make every breath you take.... I'll be watching you....
Every key stroke you make ... I'll be watching you .. I'll be recording you.... https://www.startpage.com/privacy-please/startpage-articles/how-the-nsa-is-collecting-your-data-via-your-devices
BTW - I have good friends in the telecoms industry (in fact they funded one of my businesses) and they told me in the 90's that they were required to install monitoring software on their mobile networks... (they started networks across a number of Asian countries). It's The Law - every government requires this. The monitoring was nowhere near as sophisticated as it is now but it was still effective - if you uttered the wrong word e.g. cocaine... the sniffer software went on alert...
Anyhow ... so here we are - Apple acknowledges they are required to include monitoring software (supplied by our good friends at the NSA no doubt) on their devices. Anyone think all manufacturers are not doing the same?
Google Facebook etc monitor your comments as well as voice discussions and they serve ads based on what you are talking about ... a few years ago I was on a skype call with my brother ... we have a friend who works for an engineering firm - Hatch... I asked if he was still working for Hatch...
The next day lo and behold --- I am seeing banners for Hatch -- a stock trading platform in NZ (where I live). Wrong Hatch but hey .. anyone not think that was a result of voice monitoring by Skype AI? AI is not really that smart - it can't even fool captcha...
Every stroke - every word --- every thought... well maybe not every thought ... you make in the presence of a computer --- is being monitored --- the entire lot.
You buy BC -- the NSA knows - the Fed knows... every person who had an account with FTX ... the NSA knows.. the Fed knows....
You trade BC you are engaging in what is essentially a counterfeiting operation that has as it's main goal to replace the USD and make the Fed obsolete.
The Fed is all powerful. And the Fed goes to war to defend it's franchise... they would normally bomb any country that slights them ... into the stone age.
But with BC for some reason... they allow it to exist... they even allow financial institutions to engage in the counterfeiting ... they allow companies to sell goods and services using the counterfeit wanna be reserve currency ..... (not that many actually buy anything with BC -- they usually convert it to $$$).
Funny that.
If I was an owner of the Fed --- I'd crush BC ...
What I would do is immediately declare it illegal to own or trade BC. 10 years in jail being a starting point for penalties.
I would prevent all banks from trading BC for any currency.
Any company accepting BC for goods or services -- gets a massive fine.
I would then provide a grace period - delete your BC or else...
No doubt some of the cultists would believe they are invisible (the PR Team said so)... I'd then have the NSA identify a handful of cultists who didn't delete their accounts... and I'd bust them and give them very long sentences.
BC >>> 0. That I can guarantee.
But the Fed doesn't do any of this. They allow BC to exist
BC is a psyop.
I've had this discussion with BC cultists before --- one is a top lawyer in a US investment bank... went to a fancy Ivy college on a math scholarship ... initially was a scientist but shifted to law... generally a logical person
He is unable to offer a counter argument.... he does not dispute that the NSA knows all... yet despite my objections he no doubt believes it's Safe and Effective despite the logic bomb I've dropped on his parade...
He was one of those urging me to buy BC at 60k+ cuz it's going to 500k.... of course that cuz it's going to be the new reserve currency....
It's difficult to get hard evidence of a psyop ... especially one that is ongoing... the people behind these things are extremely secretive... even if one of them was to blow the whistle the MSM would 'Mike Yeadon' that person.
And as we know -- people trapped in cults are nearly impossible to turn... I have engaged with Mike Yeadon - he has indicated that he has failed at turning most of his family members...
This is like someone from the Fed betraying the cause and announcing BC is a psyop ... and the cultists laughing
It's like Al Gore coming out and saying GW hahaha... a scam from day one... they asked me to front that sucker and I cut a deal saying ya ok I'll do that but I need to get paid...
And the global warming cultists shrieking - he sold out to the coal industry - traitor!!!! GW is real... we are burning up.... the ice is melting ... Greta said so!
Fast Eddy,
Please document your conjectures.
I don't do crypto but if I did it would only be Bitcoin. From the beginning only a fixed number of coin were available. I am not an expert but I believe the value of bitcoin in the beginning was 0.
People assign value to anything. They also can be conned to assign value to anything. This is at least as old as the Bible. Currency and fraud seem to go together, especially with the FED and the Treasure of the US.
Bitcoin has never been hacked. The claimed hacks were to nodes that connected to Bitcoin not being robust. So folks using those nodes lost money. Bitcoin is not the problem.
I just documented them.
Perhaps you can explain where I've got it wrong?
Your opinions about BC are yours. I have a different opinion and that is fine.
be well.
I do enjoy a good debate ... can someone explain to me what part of this I've got wrong?
Would you say the NSA does not know who's trading BC?
Here's another fun debate I never get to have... I have explained the connection between Covid - the Injections and the depletion of cheap energy.
The usual response is - there's lots of cheap energy remaining and/or oil is abiotic.
Then I ask -- why are we steaming oil out of sand... drilling miles beneath the ocean to get at oil .. and drilling thousands of holes -- dropping bombs down the holes to blow up the rock... then sucking out the dregs... if there is so much easy oil remaining? Oh and if it's abiotic please point me to the presentations from oil majors where they explain how various fields are refilling and that will drive earnings in the coming quarters.
I get silence on those questions too.
Just like I get silence if I show the CovIDIOTS charts that demonstrate most covid hospitalizations involve multi rat juiced vaxxers.
Or how about like when I explain to a global warming fan that if one was to read history (I read a lot of it)... climate changed dramatically over the course of decades causing huge disruptions... that was all before we burned fossil fuels... and they go silent.
Or even better -- I enjoy explaining to green groopies that renewable energy is not the saviour ... cuz it's too expensive - not enough materials to make it happen -- and last but not least I like to point to Germany - lots of 'renewables' but they have to run a second power generation system (coal fired) cuz at night or when the sun/wind are not available people want power... and you can't just flick the switch on at a coal plant - it has to run 24/7... they go silent on that one as well.
If someone goes silent -- I step back -- and let them enjoy their time in DelusiSTAN... they get that zombie look on their faces... it's a dream-like state ... or maybe they are full catatonic and they don't dream ... just blank...
It's definitely a weird phenomenon ...
For those who've never seen it -- if you have dog ... make high pitched whistling noises... and watch his reaction.
Time will tell.
I think that spending the first few bicoins will finger the creator.
I do hope that the truth does come out at least when they can no longer be used to manipulate the system.
I expect that there is a super/quantum computer out there trying to break the wallet addresses of the first coins and not for any noble reason.
I hope bitcoin is noble and not a Trojan. As it is now the resistance from the system makes it hard to use but gives it credibility as antiestablishmentarian. Regrettably almost any user gets fingered by some or other banking regulation and that reduces the utility a lot.
If it is a Trojan then there is a lot of restraint shown by the controllers to allow as much money to be sucked out of it before causing it to implode or using it to target every past and present user as a terrorist paedophile.
The same can be said for services that sell resistance literature, they have the details of everyone who is critical of the narrative and this may be used to target us in the future. All very sad.
Ignorance, gullibility, and greed.
Three causes for the decay of integrity, globally.
Hi Castello,
I read 0hedge "daily" to find writers like Matthew. I've learned a lot and, have also finely-tuned my bullshitometer 💞 A path leads to many directions.
Hello,
I have read 0hedge since debut (nearly 20 years?) and take some articles with a gram of salt.
Your piece was Exceptional.
Thank you for your excellent reporting - seeing and writing clearly, on patterns most do not notice.
I will be subscribing.
Great and very thorough article...I read the whole thing on a flight in-between naps :-)
But what should be explored further is WHO IS WILLIAM MACASKILL?
Philosophy Professor my ass. He was a Handler and is clearly an Intelligence Cut Out, birth Surname supposedly Crouch, not really anything about who his parents are.
WHO IS WILLIAM MACASKILL?
I agree that this is an extremely important question. Whitney Webb told me that she was working on that question, so I haven't made it my top priority. Whatever she comes up with, I'll link to in a future article.