The Phaserl


How the looming bitcoin crash will be exploited by globalists to outlaw decentralized crypto currencies

by Mike Adams, Natural News:

There’s a bigger agenda happening with bitcoin that needs to be publicly stated, and this goes far beyond the issue of the financial harm that will be caused when the bitcoin bubble finally implodes.

Central banks hate bitcoin. They hate it because it doesn’t allow them to loot bank accounts (Cyprus) and control the movement of capital around the globe. Bitcoin, in fact, threatens the very foundation of monetary control that underlies all the corrupt governments of the world. As such, bitcoin is a huge threat to the status quo, making it an obvious target for the globalists to attempt to destroy.

Discrediting bitcoin isn’t enough, however. To really be effective, they need to make bitcoin illegal.

The plot to criminalize bitcoin

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10 comments to How the looming bitcoin crash will be exploited by globalists to outlaw decentralized crypto currencies


    If that logic is correct then they must also outlaw fiat paper money.

  • Cynical Centaur

    Bitcoin Tumbles 25% In Hours:

    I’m bit coin poor. Zero times {price Y} still equals zero.

    • Scott Sando

      Somebody in the comments section says its down to $133, thats a 50% drop but I can’t find any live bitcoin charts to prove it.

  • Paul Prichard (Paper Bear)

    “Most people buying bitcoins have no use for bitcoins (just like tulip bulbs)”
    With more and more merchants accepting bitcoin as a means of payment how can it be said that there is no use for bitcoins ?

  • Paul Prichard (Paper Bear)

    “Step 1) Central banks buy up massive quantities of bitcoin currency, driving the prices into the stratosphere and encouraging millions of people around the world to jump on board the “get rich” bandwagon.”
    Is it certain that central banks are doing the bulk of exchanging fiat for bitcoin ?

    • Paul Prichard (Paper Bear)

      Didn’t the number of downloads across Europe of bitcoin application software shot up since the Cypriot theft ? If these were central banks then that’s a lot of personnel for them to employ to do a download.

  • MS

    I like Mike Adams and agree with a lot of what he writes, but I’m not sure about his analysis of Bitcoin. There’s definitely a use for Bitcoins as Paul Prichard points out. Also, I’m not entirely sure that Bitcoin isn’t a vehicle to usher in the fully digital fiat currency the globalists want. They may want it to succeed to the point where they can collapse the dollar and push people into the Bitcoin system (or something similar). Not sure of it all. What I do know is that gold and silver have been money for thousands of years, and there’s a good reason why the globalists keep taking us further and further away from it with each crisis they cause.

    • Johnny

      Agreed. I always said that Bitcoin may have something positive to offer, but real and tangible assets (not virtual currency) are where it’s at in the long haul.

      Anything that could be manipulated as easily as Bitcoin must be considered a risky venture, as we’re now finding out. This tends to cancel out the positives.

      Clearly, Adams had (has?) some big plans for Bitcoin in so far as his future business ventures are concerned, and maybe now sees this slipping away.

      As far as I’m concerned, he should go back to promoting gold and silver. It’s the real deal, and the only formidable threat to the financial status quo. It’s stood the test of time for thousands of years without the hype and mania.

      That’s all I need to know.

  • Paul Prichard (Paper Bear)

    “Step 5) Demonize bitcoin by characterizing it as a “libertarian pyramid scheme.” Lash out against both decentralized currencies and libertarians.”
    Do I really have to explain how when there are only 11 million bitcoins in existence makes it NOT a pyramid scheme ?

    • Paul Prichard (Paper Bear)

      And at $250 per bitcoin it makes the bitcoin market capitalism to be $2 billion but how much savings are there in Spanish banks ? In Italian banks ?

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