August 21, 2024 | The Propaganda Behind Crypto

Now all we hear is how banks are suddenly investing in things like BITCOIN. The propaganda is just stunning, for it has once again proven that Julius Caesar was right more than 2000 years ago, and nothing has ever changed.

Things like BITCOIN are a religion, and that is the problem. It would be best never to marry any trade, for you will never look at the world objectively. The code for the BITCOIN programmer was known to have come from the NSA. In 1996, the US government released a white paper entitled, “How to make a mint: the cryptography of anonymous electronic cash.” Released by the National Security Agency Office of Information Security Research and Technology, this document basically explains how a government agency could create something like Bitcoin or another cryptocurrency.

The Federal Reserve is not going to issue a CBDC. All the big banks are creating their own, and then they will be regulated by the Fed. The banks must already report suspicious activity to the Feds. The banks will create the digital currency since they will report “suspicious” activity to the Fed and IRS. If the Fed created a CBDC, they need a search warrant to look into an account where the banks do not.

OPEN YOUR EYES

This is the same scheme they used with covid. Private companies like Facebook and YouTube can regulate free speech that the government cannot. The banks will then report all suspicious activity and your cash flow to the IRS. Wake up! Janet Yellen wanted to audit $600 transaction of Ebay. They are broke and they believe ending cash will result in 35%+ more in tax collections.

This entire digital currency is to provide the government with 100% tracking of every monetary transaction. We will be driven back to barter. Don’t be surprised when they attack gold. All gold refiners already must declare every gram where it came from and where it went.

IMF TO REPLACE THE DOLLAR

The IMF has already quietly created its digital currency. They intend to use this war to not only default on debts, but the IMF will replace the dollar as the reserve currency in an attempt to bring the world back together and end the SWIFT vs BRICS feud.

Martin Armstrong August 21st, 2024

Posted In: Armstrong Economics

Next: Extreme Over-Valuations Suggest Years of Negative Returns »