Sunday, December 10, 2017

My Current Thoughts On Bitcoin

Something is different about this Bitcoin correction. It is going up now on higher volume. The difference between this correction is huge because back in the old days Bitcoin would rapidly collapse to as little as .2 of its former high value. It is not doing that this time. Possibly, I haven't given it enough time, but I'm sticking to my thesis, hopefully for a future paper, of this:
At the beginning of the financial crisis in 2008, Satoshi Nakamoto began putting out messages on a cryptography message board. In 2009 Satoshi Nakamoto (a pseudonym for a Japanese intelligence group) put out the code at the beginning of the end of the financial crisis. On May 9, 2009, the U.S. stock markets turned higher. Barak Obama announced that everyone should buy stocks. At that point, the markets grew to where they are today from central banks printing money and allowing corporations to buy back their stocks. The ECB, BOJ and the FED have been monetizing the debt ever since 2009. At the end of 2011, it became apparent to me and others that the central banks were actively purchasing stocks through some clandestine means or another. The monetization of debt can't continue forever. Japan has the highest debt to GDP ratio, and other Western states are not far behind. The U.S., the E.U, and Japan all remained open to the trading of Bitcoin and cryptocurrencies. In 2017 Japan made Bitcoin legal tender. In 2017 on December 10 (Sunday) Goldman Sachs will begin backing the clearinghouses of the CBOE and the CME for Bitcoin futures. The above sequence of events may be explained in either of two ways. As synchronicity as defined by Jung as an acausal connecting principle or as causal. To me, it is a causal sequence of events. Thus, Bitcoin is the result of a coordinated effort between intelligence agencies as a plan B to the attempt to create a one world government. The first attempt was to use corporate domination over so-called democratic nation-states. Since cryptocurrencies also provide that same ultimate conclusion as corporate domination and since corporate hegemony did not work cryptocurrency is the route currently being taken by the Western elite. The flow of capital across National borders decentralizes all nation-states effectively into one large Western financially connected populace which if bound by a common form of capital allows any elite entity in control of that capital control over those that use it.

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