Breaking Bitcoin Into Bits So People Can Have Their Bite Of The Action Creates A Ripple Effect

Salvador’s President Burkele has not only turned the nation around socially by jailing Nancy Pelosi's children of god (of this world)— some 20,000+ MS13 members — and making life for residents and tourists more pleasant and safe, but also financially by adopting Bitcoin as a strategic national reserve currency.

Keiser

Max Keiser has been a major player and promoter of Bitcoin since its introduction to the world stage. He is currently advising President Burkele. Actually, Burkele could be President of Salvador for life if Trump decides to bring Bitcoin into play.

 

Keiser was giving away tens of thousands of Bitcoin when it was around 1-10 cents. He gave Alex Jones 10,000 Bitcoin. Jones says that he lost it. With one Bitcoin being worth s100k, this would make Jones a billionaire.

Evidently, Keiser told Jones that this is the future and will be the new global currency. 

USA

Bitcoin has broken the $US100k barrier and every Johnny boy who has held on to what they purchased at the $US60k is in profit. In all probability, $US1,000k is on the cards, if Trump decides to wipe out the US debt using Bitcoin. 

 

Many think that this will be combined with the Ripple XRP cryptocurrency, because of its liquidity, to form the new international reserve currency.

 

According to Forbes, the USA has more Bitcoin than anybody else. The treasury has 207189 bitcoins that were worth some $5 billion back in January 2024. And that is not counting the 11 million Bitcoin Satoshi Nakamoto is reported to possess.

  

Who is Satoshi Nakamoto? 

Nobody knows.

 

Cryptology

A paper presented in 1996 by the Cryptology Division of National Security Agency Office of Information Security Research and Technology entitled  How To Make A Mint: The Cryptography Of Anonymous Electronic Cash informs us that another agenda, other than securing privacy, is involved with the introduction of cryptocurrency.

 

Cash

When using government treasury minted cash (notes or coins) for money. Nobody knows how much we have on our person or hidden away.

The bank employee(s) can know how much we have in the bank and we have a record of it in our account (or bankbook).

The only people who know where we spend it are those involved in the transaction (seller of goods, services, etc) and ourselves and anyone we decide to tell (taxation dept – businesses, family members, friends, acquaintances, etc.).

When we use digital money, as in our debit or credit card, the only persons who know what we spend are the same as above.

 
Profitability 

When cash (notes, coins) is counterfeited this creates financial problems for the issuer of the cash (the government treasury).  The treasury receives seigniorage (profit from issuing the cash).  When there is less need for treasury notes, the treasury’s profitability and the governments’ existence are threatened.

The treasury makes profit creating money in the form of notes and coins when it sells the instruments of exchange— designated “legal tender”— for more than it costs to produce and govern its existence and destruction. Notes and coins destroyed beyond recognition make bonus profit for the treasury, as it does not have to honor its value when returned.

In the case of the Global Reserve Currency ($US), President Putin claims the USA has reaped $10 trillion profit in the last ten years from merely issuing it. 

Non-cash

Bartering goods and services for different goods and services threatens the existence of the government’s ability to finance itself and thereby is discouraged.

 
When using the current digital money that comes with the use of non-cash transactions via credit card and online payments for goods and services, there is a digital record (paper trail) that can be tracked if necessary, and everything is virtually anonymous, unless there is a need to verify what has caused any anomalies.

Claims that a person can use the digital money more than once only apply to transactions where a seller hasn’t got immediate access to the digital banking system, usually due to computers going down or not having electronic means of facilitating the transaction and a paper record is made that will be processed at a later date.

 
Checks

Writing checks (cheques) for numerous goods and services and not having sufficient funds in the account is still possible, which is why preference is for cash or immediate digital electronic transfer is the most acceptable means of doing retail transactions. Business transactions can have different arrangements.

Essentially there is no need for an additional form of legal tender than the combined cash and electronic digital transfer system that is in place today using credit and debit cards.

Cryptocurrency

Plausibly we are told that we will have privacy in respect to how much money (digits) we have in our electronic wallets and no one can rip us off because every transaction will be public knowledge, as all transactions are open for all to see.

 

What we are not told is who created the cryptocurrency system and what happens when the internet goes down because it has been sabotaged or there is no electricity to run the equipment. 

 

Nor are we told what happens to our digital money if we lose access to our electronic wallets because we don't recall our key or we have lost it, or someone has jammed our access. 

 

Crypto aficionados say that it is impossible for anybody to gain access to another person's wallet. But how can they be sure that Satoshi Nakamoto (NSA, CIA, DARPA, ISRAEL) hasn't created a backdoor into the system?

 

Armstrong

International financial guru, Martin Armstrong writes:

They sold Bitcoin as it would be free of central banks, a store of wealth, and eliminate inflation, all absolute total BS that was impossible in the real world. I have warned that this has been a fantastic sales job, and pushing the price up creates the image that it is somehow worth more than paper money, so surrender everything and go digital.

 

This is all about CONTROL. The computer has warned that between 2020 and 2032, we will witness the rise of authoritarianism. Governments are on the cusp of an international sovereign default. They are pushing for war as a distraction. The Digital ID and Digital Currency are no different from the paranoia of Joseph Stalin and his great purge to eliminate people he feared by revolting against him.

• For the protection of wisdom is like the protection of money; and the advantage of knowledge is that wisdom serves the life of him who has it. (Ecclesiastes 7:12)  

Senior editor of The Stream and author of No Second Amendment, No First, John Zmirak claims that James Madison, one of the founding fathers of the United States Constitution and the fourth Presidentof the United States of America, stated; 

 

If all these checks and balances I have written into this constitution fail, you will still have a militia of millions that would overthrow any tyrant.  

The only fear those that would do you harm have is you being able to protect yourself and claiming the scalp of anyone who would disregard your natural rights and assault you or your loved ones for doing what is good, right and true, not evil.

Because we care, we share.