I even thought crypto currency will challenge the "new world order'.
I wanted this to be true for several years but I always had my reservations, It was only until the start of this year when things started to get a bit ridiculous with its meteoric rise that I began to believe it's not what it's portrayed to be. In fact it jumped from 5k$ to 15$ in just 3 months. You know what they say, If it sounds too good to be true, it probably is.
Also by diversifying into multiple cryptos and tokens I was kinda able to figure out what is actually going on.
Here are some other cryptos and tokens, just take a look at their websites (
Zcash,
Ripple,
Humaniq,
Cardano,
Tron,
NEM,
IOTA,
QTUM,
Komodo,
Neo,
Verge,
EOS,
NXT), they offer more or less the same thing over each other and that's just scratching the surface, there are at least 300 and more in development and circulation as you can see
here.
From where you got the idea, /information, that this is the initiative by elites group
I've always been a bit of a conspiracy theorist but I don't base my beliefs on youtube videos, more like news articles, history, current geopolitics and a bit of common sense. If people aren't too distracted they too will clearly realize that cryptos are an elaborate scam but currently they are too many people blinded by the opportunity to double their money.
I've been following BTC since the very beginning and these people have been making moves over the years that are meant to convince people of its legitimacy when in reality it's just controlled opposition.
Moves that are made to make it appear as if there's an effort to sabotage BTC, they do this by trying to make fundamental changes that leave the dev community divided and eventually end up resulting in hard forks which have already led to the creation of Bitcoin Gold and Bitcoin Cash, also CEO's of big banks come out quite frequently
criticizing cryptos which leaves an impression amongst people that maybe BTC is legitimate after all.
This non existent Satoshi Nakamoto owns around a million bitcoins that have been lying unmoved in dormant addresses since years, bitcoins that are worth almost 20 billion dollars by today's exchange rates. There are also other addresses with significant amounts of bitcoin that haven't been moved in years.
If those coins start moving it'll probably rattle the entire market but I don't see them moving until price per BTC goes up significantly higher.
Another red flag is the
SHA-2 hash functions that Bitcoin utilizes, these hash functions were designed by the NSA, anyone with half a brain should know by now that if a US alphabet agency is associated with something, nothing good will ever come out of it. Maybe they already have an exploit and waiting for the right time to unleash it on the network.
Here's how I think this will play out :
- Sell the idea that it's a legitimate alternative by attacking it from all directions.
- Make people believe that it's an organic movement against big banks.
- Pump the bitcoin value to attract more attention. (we are currently between this phase and the next).
- Bring it into the mainstream so that people who are desperate for money go all in by taking mortgages and loans.
- Encourage people to hold their coins instead of selling it off which continues the pyramid scheme by selling people false dreams of becoming millionaires.
- Pull the plug by unleashing the exploit or by co-ordinating and dumping the value of BTC by triggering a massive sell off by the people holding large amounts.
- Exchanges (some of which already engage in shady behavior) go down during the panic sell off providing an exit route only for the perpetrators.
- BTC value tanks to a fraction of what it was, people lose all their savings and borrowed funds and cannot pay back the loans leading to another financial crisis just like the one in 2008 when people with poor credit ratings were allowed to take huge mortgages leading to the housing bubble.
- Banks cover up all their frauds over the years once again and get to blame it all on cryptos which was the fall guy all along.
- Some irrelevant executives get thrown under the bus with only a slap on the wrist.
- Banks get bailed out by the US govt. once again.
- Govt. also comes out with strict laws and regulations banning any and all cryptos citing existential threats to economies.
- Banks themselves offer a solution and introduce a new currency, they will thus have solidified their grip even further and also quashed the rise of any potential alternatives for good.
They're laying the groundwork already -
https://www.rt.com/usa/413411-trillions-dollars-missing-research/
I think gold is the best way of investing
Correct, gold and silver are the only things that have real value.
Reminds me of this quote - "Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves."