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RE: BitCoin to hit $25,000 USD by Christmas 2017 - Rumor or FACT???
Actually, that quote is a standard phrase used nowadays by various observers to describe a simple truth. Paper (or digital) fiat money that is not backed by gold is essentially just worthless paper.
I have researched the whole pile of corruption with a man named Jordan Maxwell. He is a historian that has vast knowledge of the truth. Even the CIA hires him occasionally to purge themselves of lies. You know, drinking your own home brew of Jones Town Kool-aid is not good for you.
Our money is not actually worthless. It was moved off the gold standard in 1971 by "Tricky Dick" Nixon. It was then converted to the Petrol Dollar. the world used to be backed by British sterling. Then they switched to the US Dollar. Worldwide markets have a central currency they compare other to.
In 2012 there was a closed door meeting with all the worldwide leaders except the United States. It was a discussion on moving the world on to the Yuan instead of US Dollars.
The US Dollar is a petrol backed dollar. meaning they say its worth something because they know there is still oil in the ground. They do not mention that it does not all belong to us.
Muammar Gaddafi of Syria was building a competing petrol dollar. The CIA had a meeting with curators of the country. They discussed the national treasures of Syria such at the biblical scrolls and gold. About 6 months later we started bombing them and Muammar Gaddafi was shot in the street like a dog. He messed up when he attended the UN meetings.
Our currency is backed by Oil futures and War. Hardly worthless but definitely blood money. In a moral aspect it is truely worthless and the root to a lot of democide by the government.
Democide is a term revived and redefined by the political scientist R. J. Rummel as "the murder of any person or people by their government, including genocide, politicide and mass murder".
Fiat currency has the inherit cost overhead. It starts out in the negative. A penny costs 3 cents to manufacture. It takes several thousand dollars of infrastructure to protect that penny. The transportation, armed guards, vaults and accounting all are included in that over head. It is a bad business model that was thought to work for about 95 years. At year 94 the 2007 housing collapse started. 10 years later we now have a replacement currency system. That is crypto currency and BitCoin.
Much of what you say is fact, but unfortunately, most people have no idea. I was gonna call you on your assertion about the "petrodollar," since it's essentially back by NOTHING – except the full faith and credit of the US. Oh, that's nothing.
Then I read your statement "backed by Oil futures and War." I definitely agree that it is backed by war, whether that be financial warfare or military warfare.
Gaddafi was not the only one slaughtered because of an intention to sell oil in euro or other currency beside the USD. Saddam had a similar plan. The pattern is clear.
I think I chose the wrong wording. My point was it is backed by the data collected by known liars, that always lie, always will lie. So why would they be telling the truth now? Our money is so worthless the absurdity of it brings value to it. Like a circus side show that you do not really want to see but it is so ridiculous you can not help but participate.
Our dollars worth is backed by lies, debt (20 trillion), war and idiots. One cow turd is a nuisance a whole mountain is worth millions as fertilizer. Their mentality is if you put enough worthlessness in one concentration it has great value. A whole lot of nothing is worth something a little is worth nothing.
A prison planet and we are born in to slavery. They never ended slavery they only refined the chains and cells.
Well said.