Eerie similarities between the Federal Reserve System and Bitcoin/CryptocurrencysteemCreated with Sketch.

in #bitcoin7 years ago (edited)

As you all know by now the fiat currency system the majority of the world uses is a complete scam! It is not backed by anything and is controlled and owned by a small group of HIGHLY powerful and rich people. I was reading the Federal Reserve's website for some fun to show that they ADMIT themselves their own scams!

This post though is not about their current fiat scam but rather a sentence I saw that really made me get goose bumps.

The decentralized structure of the System and its blend of private and public characteristics, envisioned by the System's creators, therefore, remain important features today.
Federal Reserve Website: https://www.federalreserve.gov/aboutthefed/structure-federal-reserve-banks.htm

"Decentralized Structure"... Sound familiar? What is Bitcoin? A "Decentralized payment structure".. Now Bitcoin is only about $50bln Coin Cap and the mining farms already are majority controlled by a few groups. See the similarities?

What does this all mean?

Could be nothing, could be that the controllers of the current fiat based system KNOW it will fail soon and actually created Bitcoin/crypto and are now controlling the majority of it to remain in power as their current monetary system fails!

If they control or even worse created Bitcoin how is it safe?

Remember if they did create it or at the very least are now in the majority control of it they still have to play by the current rules. It would also be their exit plan to extract their own wealth from the current fiat based system into the next system they control. Those who get into their new system before it becomes wide spread benefit the most.

How can I learn more?

First watch Mike Maloney's 7 episodes on "Hidden Secrets of Money":

Then verify for yourself what I am saying by reading the Federal Reserve's own words: https://www.federalreserve.gov/faqs.htm

Thanks for reading PLEASE watch all 7 episodes of "Hidden Secrets of Money" he has a HUGE knowledge base and does not charge a penny or satoshi for it! You may already know most of what he talks about but his videos are a great tool to share with others who do not!

[Update] Fixed typo

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Great post Thanks for sharing

Thanks for reading!

Wow now that is mind blowing, How is it that no one else caught this? I feel like i step into the twilight zone however that also means invest into bitcoin while its new! Thanks for the great information! The videos really help!

I found it very interesting myself! Thanks for reading!

I love Mike Maloney's series. He explains it really well and simple.

Agreed he breaks everything down so well anyone can understand exactly what is going on. Though I do encourage watching them a few times since it is a lot of information to absorb all at once.

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