Did The IMF Reveal That Cryptocurrency Is The New World Order End-Game?

did-the-imf-reveal-that-cryptocurrency-is-the-new-world-order-end-game

22-11-18 05:18:00,

Authored by Brandon Smith via Alt-Market.com,

There are two kinds of globalist schemes:

First, there are the schemes they spring on the public out of nowhere haphazardly in the hopes that the speed of the event along with some shock and awe will confuse the masses and make them psychologically pliable. This strategy loses effectiveness quickly, though; the longer the plan takes to implement, the more time the people have to reconsider what is actually happening and why.

Second, there are schemes they slowly implant in the collective psyche of the citizenry over many years, much like subliminal messaging or hypnosis. This strategy is designed to make the public embrace certain destructive ideologies or ideas as if these ideas were their own.

The cryptocurrency scam is of the second variety.

I have been suspicious of the cryptocurrency narrative of a “decentralized and anonymous monetary revolution” since 2009, when I was first approached by people claiming to be “representatives” of bitcoin and asked to become a promoter of the technology. After posing a few very simple questions and receiving no satisfactory answers, I declined to join the bandwagon or act as a frontman.

The “currency” was backed by nothing tangible (and no, math is not a tangible resource). Anyone could create a cryptocurrency out of thin air that had attributes identical to bitcoin, therefore there was no intrinsic value to the technology and nothing stopping the creation of thousands of similar currency systems, eventually making bitcoin worthless. The scarcity argument for crypto was fraudulent. And, in the event of a grid down or an internet lock-down scenario (as has occurred in the past in nations under crisis), crypto was useless because the blockchain ledger was no longer accessible.

Trading with private wallets made little sense; how many people were you likely to run into in your community with a bitcoin wallet? The amount of time and energy required to accumulate these digital nothings seemed counterproductive to me in light of the fact that they might not be there when you actually needed them.

The only attributes that truly made bitcoin valuable were its branding and the amount of hype that was generated around it. But branding and hype are not enough to sustain a currency revolution.

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Cryptocurrency mining surpasses energy consumption of entire countries – study

cryptocurrency-mining-surpasses-energy-consumption-of-entire-countries-study

06-11-18 06:51:00,

Extracting a dollar’s worth of cryptocurrency requires up to three times more energy than digging up a dollar’s worth of gold, according to a new international study.

Decentralized cryptocurrencies have been hailed as revolutionary economic disruptors, powered by an unknown number of server farms manned by an unknown number of crypto ‘miner’ machines working around the clock to produce more blockchain-protected finance.

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© Reuters / Tyrone Siu

The environmental impact of such huge processing requirements has yet to be fully accounted for, however, global bitcoin mining has surpassed the energy consumption of entire nations in recent years.

“We now have an entirely new industry that is consuming more energy per year than many countries,” said Max Krause, a researcher at the Oak Ridge Institute for Science and Education and lead author of a new study in the journal Nature Sustainability. The top 100 cryptocurrencies in the world have a combined market value of roughly $200 billion (€175 billion).

According to the study, in 2015, Denmark consumed 31.4 billion kilowatt hours of electricity; but as of July 1, 2018, bitcoin mining worldwide had already consumed roughly 30.1 billion kilowatt hours in just six months. One 2017 estimate of the energy-consumption of bitcoin operations worldwide placed it as roughly equivalent to the consumption of the Republic of Ireland.

“We wanted to spread awareness about the potential environmental costs for mining cryptocurrencies,” Krause added. “Just because you are creating a digital product, that doesn’t mean it does not consume a large amount of energy to make it.”

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© Nipitpon Singad / EyeEm

Cryptocurrency mining can be performed by single devices, but is more often done in farms comprising hundreds if not thousands of machines, crunching numbers and performing immense calculations in search of digital treasure, a reward of about about $80,000 in bitcoin.

It’s a first-past-the-post system, with miners rewarded handsomely (or poorly, depending on the recent volatility in the cryptocurrency markets, an oft-covered phenomenon). The researchers used the median crypto value for the top five coins to account for all the volatility in the cryptocurrencies markets. The transactions are confirmed on the distributed global ledger known as the ‘blockchain’.

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Can Cryptocurrency Really Make The World A Better Place? | Light On Conspiracies – Revealing the Agenda

Can Cryptocurrency Really Make The World A Better Place? | Light On Conspiracies – Revealing the Agenda

13-06-18 06:23:00,

Is Cryptocurrency a social evil? Or can it be a force for positive global change? If we are to believe some of the narrative from the mainstream media, cryptocurrency is simply all about Bitcoin and it’s price. It’s about men sitting at home in their pyjamas, promising their families they will become millionaires, ruining the lives of those around them, whilst contributing nothing to the world.

In this article we will take a look at some highly ambitious cryptocurrency projects and see why the politicians and the mainstream media should give the crypto market more credit. We wish to dispel the myth that all cryptocurrency projects are just about making fast and quick money. The cryptocurrency markets are innovating and a lot of these projects are aiming to create social good.

This article is not meant to be counter propaganda on behalf of the cryptocurrency market. We simply want to provide the facts, so you can form your own opinion.

Viewpoints Outside The Cryptocurrency Markets

Outside of the crypto industry, we can breakdown cryptocurrency commentators into three different groups:

  1. Negative viewpoints towards crypto in the political arena.
  2. Positive views on Cryptocurrency in politics.
  3. The mainstream media.

All three players are exceptionally important when it comes to shaping public opinion on Cryptocurrency markets. Politicians in particular wield significant power when it comes to regulation of the space.

We will first examine each of these groups thoughts on crypto, before examining examining the social good that cryptocurrency can bring to the world.

SHADOW OF TEARS
by Ole Dammegard

What happened in Iran changed his life. His entire world, his viewpoints and values were turned upside down and the emotional turbulence he experienced tore down his inner walls leaving him naked and vulnerable – like an open wound. After a tragic murder, the situation became unbearale for one of his Iranian friends, so he ventured everything to help him get away and together the mad a dramatic escape from Iran via former Soviet and East Germany in a desperate attempt to reach Sweden. This book is a true and emotional description of real people in improbable world full of conflicts. It opens doors and spreads light on another Iran,

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Cryptocurrency & Dancing with the Devil | Armstrong Economics

Cryptocurrency & Dancing with the Devil | Armstrong Economics

23-05-18 07:04:00,

COMMENT: Hi Martin, I really love your work. You are the only one financial guy I follow. Your power is obviously your prediction computer program Socrates which I use every day. I understand that your other posts are just your opinions and I would like to point out some of the flawed arguments you make about Cryptocurrencies( in my humble opinion) as I would really like to see you put a little more effort to study them if you are interested in this field

1) As you said many times. The majority must be wrong in order for big moves to happen. Well, I can see that this might be the case for cryptos.

2) Government can just kill Cryptos by banning them. Well, they can but they would have to do it simultaneously. Which will never happen. If US ban cryptos, all that will happen is that ale IT specialist and all money created in this new industry will shift elsewhere. There is no benefit at doing this. It is the same if any state would ban Internet back at 90ies. They would get isolated. Also, keep in mind that law which is not enforceable is not a law. People will just ignore it. You cannot ban cryptos, same as you cannot ban torrents or internet.

3) Bitcoin cannot be used as currency because the economy needs fractional lending to create money and elastic money supply. That is true. Number of Bitcoins is fixed. That is why Bitcoin in the crypto world is called digital gold.

However, there are other cryptos which can fulfill this role easily. That is why we have hundreds of them and each is experimenting with different branches of society. For example, there are cryptos which have steady inflation mechanics build into them. And suddenly there you have predictable inflationary money supply which everyone can predict. I can remember you actually rooted for this idea – Why do we have taxes after all? The more easy way would be if the state just prints its money it wants to spend, for example, it will say that it will print 30% of GDP each year. Well, this is easily achievable by cryptocurrencies.

You can do ANYTHING with them.

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Ron Paul: “Cryptocurrency is a reflection of the disaster of the monetary dollar system” (Video)

Ron Paul: “Cryptocurrency is a reflection of the disaster of the monetary dollar system” (Video)

23-12-17 04:02:00,

US President Donald Trump has just lectured NATO on it member’s commitment performance and held a controversial meeting with the Russian President Vladimir Putin and is next week to receive EU Commission President Jean-Claude Juncker, with trade matters being high up on the agenda.

Juncker is expected to present Trump with a package of proposals to help smooth relations and potentially heal areas of division, particularly those surrounding Europe’s trade relationship with America. Those proposals are precisely what is cropping up as another area of divergence between some members of the EU, specifically France and Germany, just after a major contention on migration has been driving discord within the Union.

This gets down to whether Europe should offer concessions to Trump on trade while Trump is admittedly describing the Union as a ‘foe’ and has initiated a trade spat with the Union by assessing trade tariffs on steel and aluminum imports from Europe, spurring retaliatory tariff measures from the EU Commission.

France, specifically, is opposed to any sort of compromise with Trump on the matter, where Trump is perceived as an opponent to the Union and its unity, whereas Germany is economically motivated to seek an end to the trade dispute under the threat of a new round of tariffs emanating from the Trump administration, and is therefore seeking to find some sort of proposal that Trump will accept and therefore back down on his protectionism against the EU, and Germany in particular.

Politico reports:

Only a week before European Commission President Jean-Claude Juncker flies to Washington, France and Germany are divided over how much he should offer to U.S. President Donald Trump to end a deepening trade war, say European diplomats and officials.

But, they add, Germany has the upper hand. Berlin is shaping Juncker’s agenda, suggesting three offers that he could take to Trump on July 25 to resolve the dispute, according to people familiar with the plans.

The French are uneasy about the wisdom of such a conciliatory approach, however, and publicly accuse Trump of seeking to splinter and weaken the 28-member bloc, which he has called his “foe.”

Despite Paris’ reservations about giving away too much to the increasingly hostile U.S.

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