Cryptocurrency Mania and Blockchain Banking

December 31, 2017 by · Leave a Comment 

The never ending overdose of Bitcon coverage in the press and on social media would have one believe that the manna of financial subsistence is leading us all out of the wilderness. Whether this crypto circulation of a promise to pay is actually a currency is very much an open question. What we do know and can take to the bank is that it is not legal tender. In the globalists world of central banksters all money if fiat and species is relegated to a numismatic coin collection.

Read the essay on the “Merchantry” archives

Who Regulates Bitcoin Trading? No U.S. Agency Has Jurisdiction – WSJ

December 26, 2017 by · Leave a Comment 

Investors are frantically trying to learn everything they can about bitcoin—and so are regulators. Furious trading in cryptocurrencies is testing many in the Trump administration who are eager to embrace financial innovation, after nearly a decade of tighter clamps on risk-taking put in place after the 2008 financial crisis.

Source: Who Regulates Bitcoin Trading? No U.S. Agency Has Jurisdiction – WSJ

WHO IS BEHIND BITCOIN MANIA?

December 23, 2017 by · Leave a Comment 

 

The fact that Wall Street has joined the Globalist media mania bubble of Bitcoin is direct evidence that there is a sinister agenda behind these digital currencies.

 

Source: WHO IS BEHIND BITCOIN MANIA?

Bitcoin: The Most Impressive Speculative Bubble In Modern History | The American Conservative

December 18, 2017 by · Leave a Comment 

In August of 2008, a paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System” was released on an academic listserve by somebody called “Satoshi Nakamoto.”  The paper described an electronic, public system for transferring “value” from one participant to another without a bank or other type of intermediary. The security for clearing these public transactions came from industrial strength cryptography, which effectively makes each bitcoin trade more costly to validate than the last.

Source: Bitcoin: The Most Impressive Speculative Bubble In Modern History | The American Conservative


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