Topic: Is Bitcoin the second stage in the path to a central global currency? (Read 160 times)

series of events.
those outside the banking system wanted money that was different to the banking system.
cypherpunks started throwing idea's around and satoshi patched several idea's together, alot of his own too..  into a masterpiece that worked
race forward 5 years..
bankers seen that bitcoin worked so grouped together to form hyperledger community so they can design their own distributed ledger technology money (CBDC)
https://www.coindesk.com/markets/2016/03/29/blockstream-among-10-new-firms-to-join-hyperledger-blockchain-project/
in this process of the 2015-17 era they hired(sponsored) a few bitcoin core/ethereum devs to help them develop their CBDC further. and even got a few devs to sandbox CBDC.. whereby using bitcoin as the sandbox/testcase(enter in the L2 era) yep the layer 2(sidechains and subnetwork) stuff thats promoted so much is the inception of the hyperledger guys sponsoring blockchain devs.

so its not a scenario that bankers made bitcoin
its bankers bribed bitcoin devs later, to help bankers create CBDC, whereby now they are trying to manipulate bitcoin in multiple ways to make bitcoin less useful for normal day to day activity of the unbanked.

names to look into
blythe masters
glenn hutchins

follow their chairman and director seats and their money.

Huh? Bankers! I did not know Satoshi was a Banker! You have shared a good piece of information. Kudos for that. Did you even read what was written in the OP? What makes you think that Bankers created Bitcoin while No one can control Bitcoin? However, banks and Governments always want to manage your money, while Bitcoin gives you complete control over the funds of its user. If Nutildah is Right about your AI Content writing, I have nothing to add. I don't think AI is that much dumb as you. AI Should know who created Bitcoin and what its purpose was. You are probably not going to check this thread anymore.

I tried to put his content in an AI, and it seems the content was written by a human (According to that tool). I can't imagine an AI could be this much to say bankers created Bitcoin! All AI should know who created Bitcoin and what the purpose was. We, humans, can be dumb as hell. But AI is not when it comes to such basic things!

I don't want to get involved into this conspiracy theory, because it can't be proven. Can you prove with verified information, that the bankers are buying lots of BTC? I don't think so. Bitcoin's price volatility is created because Bitcoin is scarce, not because a bunch of bankers are buying BTC. What the hell is this "Unicoin" project? I've never heard anything about Unicoin. Are you trying shilling some brand new shitcoin here? Your forum thread looks like a bunch of conspiracy theories thrown all over the place. Are you joking? Is this serious?

Then according to that logic, Dogecoin is perfect, since being a fork of Litecoin it has 2.5 minute blocks and infinite emission. And as a bonus, did not incorporate certain changes that made it to Bitcoin and we now see the consequences...

But i personally do not trust unlimited emission money. This game of regulating the emission is what they bankers and States have done in the last century, and the economy cycles of bubble/burst continue, because that money is trash, to not mention fractional reserve...

Gold is not infinite, but it may be if you explore the universe (or can harness the energy to produce it artificially). Currently it is somewhat limited on Earth, except when they find an undiscovered source like they did in Ghana? but is considered that most sources have been depleted.

With fiat there is no end, and they abuse this power.

You have opened discussion on a very interesting topic that Bitcoin was created by bankers to set up a stage for testing central global currency, however there is no concrete evidence to support this claim. It is widely believed that Bitcoin was created by an individual Satoshi Nakamoto or his team of IT professionals.
The idea of a single global currency is a very complex and challenging. The world is comprised of many nations and countries and they have their own interests and conflicts. Achieving consensus of on a single currency as method of payment world-wide would require cooperation and agreement of many nations and their respective monetary systems, which is not so easy to achieve.

bitcoin is a global currency, any country can access it.
what its not going to become is a "one world currency" where every country only uses bitcoin and nothing else

those that have the mindset of thinking about "one world currency" have been debunked on many levels, and shown to be paranoid hallucinatory idiots
even in fiat no one wants a one world currency. even the amero-brics groups are not wanting to merge.

bitcoin was never a world take over currency. it was always an open option

bitcoin is what it always was suppose to offer. a second choice an opposition to inflation. in short a better OPTION

yes UK banks do faster payments but it also comes with limitations
daily withdrawal limits. having to explain why you are moving amounts.

yep i moved alot of fiat in the passed but i needed to speak to the fraud prevention department to double verify who i was and answer questions about the purpose. only then when they agreed i was the account holder did the funds move instantly.. that call took 15 minutes

There is a fundamental difference, given that Bitcoin is popularly supported based on the characteristics of the decentralized blockchain, while any "Unicoin" project will be supported by governments and imposed like any other currency under a fait accompli policy. The Ripple coin was designed according to the same principle, and as we can see, it does not enjoy complete success due to its centralized nature, despite its construction according to the blockchain protocol. The idea of how to generalize this in a market that contains tens of thousands of cryptocurrencies remains, I think it will not be that easy.

Some people can't use anything without the idea. I love how people make it more sence

Maybe my posts were too long, but some people seem to have missed a couple of key opinions.

Bitcoin was not created to be a global currency. Although many members may see this as the ultimate goal, it will never happen in my opinion. It was designed to prevent this. I can transfer up to £100,000 instantly using the UK banking system's faster payments service, and there is no charge for this. Bitcoin can never compete with this. The 10 minute block generation mechanism, and the cap of 21 million coins are a good indication that the designers did not want Bitcoin to become a global currency. This is one reason why I believe that it was created by the banking elite as a testr proiject.

It was obvious from the very beginning that the European Union was created to fail ultimately. It was created to transfer wealth away from the member countries and the populatiion. One other important objective was to break down nationalism, and to increase the spread of drugs to break down family units. This will make it easier to imprison people in the proposed 15 minute cities, and force them to eat unhealthy processed food.

We are now entering the third phase, and you can see that the manipulating whales are increasing volatility, and acquiring Bitcoin for long term holdings. I base this on the bear spikes, and the stable base line of the price at the moment. What a great time for HODLers to boost their holdings.

When first read this post I smile because you make a tangible point here and I have never for once see an organization creating a project that could possibly end their reign, earning and the loss of people's trust in their services.
I will never buy the idea despite Satoshi's identity is still unknown.

It's more like giving the kid candy to lure him onto heroin.

or as i bet jetcash(anti-medical guy) would prefer to see it
luring kids away from medical advice of healthy eating of broccoli via candy. just to have them kids grow up to be reliant on medical consumables like diabetic tablets


it wasnt made by government. but when something is too good and cant be taken. they copy it and then manipulate it and promote it until their version is the mainstream one. all done via laws such as minimum wage, tax, debt, and courtfines that require payments in such a currency they control

back in the middle ages commoners avoided gold(to expensive to hoard/haul, share) so they used tally sticks(sticks with knotches, cheap to make but better at accounting and transfer).. then.. so did the king

This is a very fitting comparison, yet still it does not make it less likely to succeed. The average person hears a lot of fud about bitcoin, but at the same time may like the concept. If the government will now make a "better" bitcoin and will bring the media to report a lot about it, many average people will use it. This will be especially true, if the government will simply pay its workers in this new currency.

I think that bitcoin was not made by governments, but still I think that there are some projects from central banks and big companies (facebook for example) that are trying exactly what OP described minus the government creating myth. So its good to publish as much information about bitcoin as possible to prevent that some company or central bank can market their broccoli successful.

hyper ledger is the corporate/government bridging ledger of multiple CBDC

currently there are 2 realms
the IMF WEF want the americo based groups to continue on.
then there is the BIS which is going more so the brics route

and at the moment the BIS has already set up their M-bridge and got a few of the BRICS group in phase 2 of testing out their CBDC

as for jetcash's other drug fueled narrative of knight templar sounding rhetoric. he needs to lay off the roadkill as the food poisoning is affecting his mind

british empire was fueled by the roman clergy .. the knights templar where just the foot soldiers. not the management
the empire began not by knights fighting. but by the first king of britain (calling himself the emporer of britain) marrying his children off to continental EU kings via catholic (pope law) ceremony

have a nice day

One of my points was that Bitcoin was deliberately created to be unsuitable as a global currency. They want their own controllable currency, not a wils decentralised currency. Giving the illusion of democracy is a tried and tested way to ensure people and products that are detrimental to the public interest are adopted. Do you belive that politicians in the US can even run for office with a credible chance of election is they aren't supported by the puppet masters. Similarly, you, in the UK, you have to be approved by the Eton/Oxford elite. That is why our MPs are all bankers, lawyers or PPE graduates. Euro MPs have no authority, they bget paid large sums of money to attend parliamentary meeting and parties, but they have toi vote for the pokicies presented by the unelected leaders. The Euro has massive debts, several countries are rebelling and want to foloow Britain out of the EU ( when will we get a PM who really want to make Brexit happen? ), and economically weak countries like Greece have had to sell national assets just to pay the interest on their debts, and they can't adjust their economic policies to recover.

Of course Bitcoin has made loads of money for the minority who have adopted it. In return they have field tested the concept, and created some amnazing software concepts. It has also created a massive new store of wealth for the bankers. What a brilliant success fior them.

You can't stick to verifiable facts when the future is still in the planning stages. Otherwise you end up in the same terrible state as those who believed that a crippling injection would protect people from viruses that have been evolving since the 1930s. Can we do anything about the Unicoin? Well we could refuse to use it, but no doubt they will be giving away loads of free "money" to encourage us to adopt it. Can we retain the current system? There is far too much debt for it to survive in its current form. We can hold hard assets to carry us through, but they are already starting to attack and soak up housing, and they are debasing gold, so you need to be careful. Bitcoin is an ubusualk hard asset, and it has been adopted by the bankers. It is also too small to be of significance in the grand scale of things. I'm watching developments, and I hope to be able to protect my investments.

Using decentralized coin to get the attention of people only to come back with a centralized coin that would be used to control the global finances is like giving a kid candy only to lure the kid in for his broccoli.

This is a point of conversation because the originators of bitcoin still remains a mystery till today, many school of taught has said it was the CIA, Top government, we have even see a man come out to claim he is the one, now there is a possibility of bankers. The most regarded logic now is that it was Satoshi who was the originator of Bitcoin but even his identity is a mystery.

In my own opinion Bitcoin is too much of a sophisticated work of technology to only be used as a forerunner to a centralized coin. If that’s was actually the case then it wasn’t thought of properly.

The decentralized nature of bitcoin has giving many the opportunity and freedom they did not get from centralization and that’s among the core reason Bitcoin got this adoption.
I don’t think any centralized coin would change peoples mind to come back to it so personally I believe the unicorn idea would be a failure.

I don't mean to derail your heartfelt thread Jet Cash. You could be on to something here; of course at present there is no way to confirm or disconfirm a conspiracy of this magnitude is afoot.

But this is why AI is stupid:


The middle chunk of this post is addressing concerns that weren't referenced in Jet Cash's post. The poster simply copy/pasted Jet Cash's post in ChatGPT and said, "write a response to this." Yet its hard to say that its outright spam because indeed there's more offensive spam being added to this forum every hour.

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Is the euro actually a failure though? Seems to have held up reasonably well compared to several other currencies.

Bitcoin may be hoarded by banks, but at the same time its also provided a degree of financial sovereignty for many plebs they would have otherwise been unable to achieve.

The idea that Bitcoin was created by bankers to test and develop a digital payment service they could control is a controversial one.

While it's true that centralized digital currencies are being explored, Bitcoin's decentralization and limited supply make it a poor fit for a global currency. Additionally, the assertion that the European Union is an unelected body is false as its members are appointed by elected officials.

It's important to be cautious of conspiracy theories and stick to verifiable facts when discussing global currency trends.

We know trhat for centuries various countries have sought to create a global empre. Probably the most successful was the British Empire which grew out of the wealth of the Knights Templar. When the British Empire started to crumble from within, it switched from from being a trading empire to a banking empire, and it still controls the bulk of the worlds wealth. Both Cecil Rhodes and Winston Churchill ( amomgst others ) sought to solidify an anglophone empire by absorbing the US, and this has happened. The Eton/Oxford elite  used their Davos meetings and the WEF and WHO to control most of the western world. Two things are important to control a disparate population. You need to control the food, and you need to control the money. The creation of privately owned central banks who have the ability to create fiat  money to lend to governments was an early stage in the ambition to control the world's currency. All of these individual currencies need to be combined and controlled though. The fist stage was the creation of the European Union, and this is an unelected body with a new fiat currency that is used by all of the member states. This caused massive economic problems,  as countries like Germany and Greece need to have different fiscal policies to manage their economies. This is not allowed, and massiive transfers of wealth result as some countries started to fail. It is significant that Britain didn't become a part of the Eurio, as so much of the old wealth is designated in Sterling. The banking elite have created so much debt that the current fiat currencies need to be replaced, and  inflation allowed to erode the current government debt. It is important to the bankers that they are  able to control the public use of money. Computers and the Internet raised the possibilty of creating a virtual fiat currency with central control.

So, on to the second stage in this path. Bitcoin is a complex and brilliant creation. It contains elements of military software, and an appreciation of money supply and usage. I believe that it was created by the bankers to test and develop a digiutal payment service that they could control. It had to be portrayed as an anti-banking projectr in the same way that central banks were promoted initially. Without this, it would have been dead in the water. Thed maximum of 21 million coins, and the 10 minute block generation time, meant that it could never a currency for mass global adoption, and thus could never compete with the proposed global currency. It became a massive succedss, and the bankers saw that it could become a wonderfukl store of wealth as an addition to gold. I beleve they have been buying and storing large blocks of Bitcoin, and they are using these to create volatility in the market. This frightens most people, and leaves them receptive to a government backed central digital currency. It explains the frequent bear spikes in the current price.

Unicoin has been announced, and it is clear that this is intended to become the centralised, global digital currency. Will it survive, or will it go the way of the Euro? btw, have you noticed that they are heavily moving into food and energy control to strengthen their grip on the gullible public. I won't even start down the road of eugenics, and the role of so-called health care.