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Topic: Bitcoin is just a convenient part of a much bigger picture..for the Banksters (Read 1601 times)

hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
I think is why Bitcoin need so remain grassroots as much as possible.  People should always be thinking about how the little guy can use Bitcoin.  If the average joe is already in the game then the role the media plays is lessened to some extent.  Also anyone can play the role as media these days if they really put effort into it, imagine what the members of this forum could do.   
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
control will be true freedom

War is peace
Freedom is slavery
Ignorance is strength

Jeebus
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
...but in 2011 when it appeared on their radar most new sources basically rallied against bitcoin and their tone didn't change much (exceptions might apply)....

"They" have a strong case of split personality regarding BTC. In 2011 (for example), both Forbes (not just the blog) and Time Magazine (?) had positive-slanted articles on Bitcoin and that helped fuel the first huge bubble. These were more than 'exceptions' they were "sparks and gasoline" that helped fuel a big fire.
sr. member
Activity: 405
Merit: 250
They will not..the most likely outcome is they will orchestrate and back the creation of "their own" National / economic zone crypto currency backed by govt ( which they in fact control) so they will actually strengthen their hold on currency by simplifying it. Naturally their version will not have a 21 million limit etc .

How would be that different compared to the current (digital) USD? Smiley



These immediately spring to mind and there will be others...all the pros and cons would surely be studied and debated for some time

- a blockchain for apparent transparency and possibly real transparency..imagine a Govts ability to track all transactions for purposes of taxation..benefits..reduction in fraud etc....I am NOT saying that we want that , just that they could do that.

- the $ from PR standpoint is increasingly changing from a positive factor to a negative one and a new currency + hype may reverse or diminish that effect and slow/halt the erosion of US control of International trade

- Due to rampant printing monetary reform will be inevitable at some point and changing from $ to a new currency could let the politicians lessen the criticism of their previous actions.. when they finally make that move the best option on the table should be a crypto currency

sr. member
Activity: 952
Merit: 281
This topic is a recurring one in this section and others. There are many similar articles about this matter. The point is that Bitcoin has value because it is decentralized and because you don't have to trust a single central entity to be sure everything is alright. When this is not the case anymore, another cyptocurrency could be created by those people who were in because of this, and that number can only grow with time considering where the status quo brought us. Even new political parties are moving towards a decentralized structure or a more dynamic one anyway (at least in Europe). You can argue at that point institutions would ban any other currency, but that's a whole other story and consequences would be quite "cyberpunkish" I think.

But those central entities will be much quicker to spot potential threats after they are familiar with Bitcoin.  They could simply gain control of any competing coins, unless there is some kind of innovation that ensures decentralization
hero member
Activity: 924
Merit: 1000
This topic is a recurring one in this section and others. There are many similar articles about this matter. The point is that Bitcoin has value because it is decentralized and because you don't have to trust a single central entity to be sure everything is alright. When this is not the case anymore, another cyptocurrency could be created by those people who were in because of this, and that number can only grow with time considering where the status quo brought us. Even new political parties are moving towards a decentralized structure or a more dynamic one anyway (at least in Europe). You can argue at that point institutions would ban any other currency, but that's a whole other story and consequences would be quite "cyberpunkish" I think.
hero member
Activity: 886
Merit: 1013
They will not..the most likely outcome is they will orchestrate and back the creation of "their own" National / economic zone crypto currency backed by govt ( which they in fact control) so they will actually strengthen their hold on currency by simplifying it. Naturally their version will not have a 21 million limit etc .

How would be that different compared to the current (digital) USD? Smiley

hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
When you have to start your article with the words, "The concept of conspiracy frightens some people..." (implication: but not me, look how brave I am!)

and when you see a quote before ANY text from the author himself ("Tyler Durden", LOL)

yeah, it's probably FUD, or at best conspiracy theory attention-grabbing garbage. Pay it no regard.
legendary
Activity: 1176
Merit: 1011
Whilst bitcoin itself cannot be controlled ..the price of bitcoin is easily controlled/influenced (should someone wish to) with a market cap of just $8Billion there are plenty of groups that have resources in the multi billions..
Only as long as you're still measuring the "price" of bitcoins in euros and dollars. Once we stop messing with those old fashioned fiat currencies altogether, and just use Bitcoin as a unit of account (measurement of value) of its own, there's no price to control/influence anymore.
legendary
Activity: 3906
Merit: 1373
Everybody wants a good amount of freedom. Most people want security. The bankers want control of everything.

In order for the bankers to retain control, they need to give the illusion of freedom and security to the people. But when the people are as informed as the Internet is allowing them to be, bankers' illusions are difficult for the bankers to maintain. The people can see through them.

What happens then is freedom. Why? Because the only illusion that works is the real thing. When the bankers can't hide what they are doing anymore, they will actually give real freedom just to remain in control. The benefit for the people is freedom. The benefit for the bankers is freedom, because they won't have to be all stressed out not knowing how to retain their control.

The bankers will retain control. That control will be true freedom for the people. And that is how it should be.

Smiley
sr. member
Activity: 405
Merit: 250
They will not..the most likely outcome is they will orchestrate and back the creation of "their own" National / economic zone crypto currency backed by govt ( which they in fact control) so they will actually strengthen their hold on currency by simplifying it. Naturally their version will not have a 21 million limit etc .

re the initial bad press and black propaganda..bitcoin triumphed to some extent in that it didn't fold under that pressure. I can surmise that having studied ot they can see how it can make things easier for them if they can control a similar type of currency  therefore ..keep it on a leash..test it..then create your own to replace it when the time is right..when creating their own all banks and Govts doors will be open and backing them so what chance failure? ...slim.
hero member
Activity: 886
Merit: 1013

...Bitcoin is the exact opposite of what any TPTB would want to be adopted.

I agree that they will do everything they can to kill it though.


Then how do you explain the repeated mainstream media "positive hype" of Bitcoin?
Here is just one example (see the blue logo changed to a Bitcoin)



I think they have changed their mind or made up their mind to support it and will now use it for their own purposes as much as they can..eg testing/introducing the concept of a global currency

Please explain why would they give up control over the money supply, all balances and transactions?

Control over the money supply is the very basis of their power.

I'm not sure when you got involved with bitcoin, but in 2011 when it appeared on their radar most new sources basically rallied against bitcoin and their tone didn't change much (exceptions might apply). The vast amount of inaccuracies and lies made the average slave wary of bitcoin.

http://www.usatoday.com/ <-----no more bitcoin logo and most of their material is highly sceptic.

sr. member
Activity: 405
Merit: 250

...Bitcoin is the exact opposite of what any TPTB would want to be adopted.

I agree that they will do everything they can to kill it though.


Then how do you explain the repeated mainstream media "positive hype" of Bitcoin?
Here is just one example (see the blue logo changed to a Bitcoin)



I think they have changed their mind or made up their mind to support it and will now use it for their own purposes as much as they can..eg testing/introducing the concept of a global currency
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!

...Bitcoin is the exact opposite of what any TPTB would want to be adopted.

I agree that they will do everything they can to kill it though.


Then how do you explain the repeated mainstream media "positive hype" of Bitcoin?
Here is just one example (see the blue logo changed to a Bitcoin)

hero member
Activity: 886
Merit: 1013
OP, I'm not sure what substance you enjoy but I would be highly interested in getting some.

Bitcoin is the exact opposite of what any TPTB would want to be adopted.

I agree that they will do everything they can to kill it though.
sr. member
Activity: 405
Merit: 250
Are you saying that you think bitcoin will be this global currency? Cause that seems better than what we have now.

My personal opinion is that bitcoin is a prototype and testing ground for an eventual global cryptographic currency which may go through a National or economic area phase first eg Eurozone ASEAN / North American crypto's. whether it will succeed and how long it will take is probably dependent on the progress with bitcoin which looks very promising at the moment.

ADD.. I am not suggesting that "they" created bitcoin but that they have seen it , studied it and like the possibility that it fits into their agenda (one global currency) so will now want to see what it can do .

http://www.telegraph.co.uk/news/politics/10102168/Bilderberg-Group-No-conspiracy-just-the-most-influential-group-in-the-world.html

http://www.michaeljournal.org/bilder.htm
What are some of the Bilderberger objectives?

Amongst some of their more ambitious plans are the creation of a One World Government with a single globalized marketplace, policed by a world army; a single global currency financially regulated by a world bank; a universal church as an outlet to channel mankind's inherent religious belief in the direction desired by the New World Order.




They made the Euro and the European Union  ..allegedly

http://www.prisonplanet.com/leaked-1955-bilderberg-docs-outline-plan-for-single-european-currency.html



sr. member
Activity: 406
Merit: 250
AltoCenter.com
We have to make peace with it. Cool Cool
sr. member
Activity: 405
Merit: 250
I thought that we (People) could never have control over bitcoin since it's been changed for money, and those that have lots of it will sale it even to banks and bankers and they will buy it because they have money and at some point they might have enough to control it. That is my fear. Hope it doesn't come true.

Whilst bitcoin itself cannot be controlled ..the price of bitcoin is easily controlled/influenced (should someone wish to) with a market cap of just $8Billion there are plenty of groups that have resources in the multi billions..and using leverage trillions that can move the price any way they wish . In the beginning bitcoin was a novelty and not a perceived threat..now things may be changing  and I suspect positions of price control are/will be established by the real powers that be who may see it as complementary (for now) to any overall objective they have ..in addition they have control over the media and banking system so they can grow it or stifle it whenever they want (arguably Smiley )

sr. member
Activity: 406
Merit: 250
I thought that we (People) could never have control over bitcoin since it's been changed for money, and those that have lots of it will sale it even to banks and bankers and they will buy it because they have money and at some point they might have enough to control it. That is my fear. Hope it doesn't come true.
member
Activity: 84
Merit: 10
Are you saying that you think bitcoin will be this global currency? Cause that seems better than what we have now.
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