The modern man whose money is always being siphoned off through taxes, infation, and bad investments – despite his growing frustration and unhappiness at this fact, or rather because of his growing frustration and unhappiness – will continue to hope all the more ardently in the next great financial instrument to solve all his problems.
One of the greatest instruments used by the financiers to impoverish and stupefy us is the stock market. What everyone knows, but few admit, is that the value of a stock has absolutely nothing to do with the value of the company. Just look at Amazon stocks, which have risen around 1300% in the last decade despite the company’s earnings being next to nothing. But Amazon isn’t a weird anomaly. This is how the stock market works. It was set up this way by design. By whom? By the industrialists, of course. Who benefits more than they do? Instead of spending their own capital to grow their business, they let millions of poor shmucks buy “ownership” in the company. This provides a huge infux of capital investment with no strings attached. If you invest your life savings in Amazon stock and the company tanks, Jeff Bezos (or whoever really owns Amazon, since we know Jeff is just a pretty face) doesn’t owe you a dime. Unlike traditional investors in a company, who expect their business loan to be repaid with interest, you the stockholder aren’t legally entitled to ever see your money again. This is called gambling.
The stock market is kind of like a casino, and the house always wins.
Lots of mainstream economists admit as much. David Stockman even calls it “the casino.” He also calls the crypto coin market a casino. But Stockman is just controlled opposition; he’s planted there to get you 90 percent of the way to the truth and insert just enough spin at the end that you miss the truth completely. That’s because Bitcoin, like the stock market, is not really a casino. It feels like one, but it’s not. At a casino, the house always wins because statistical probability is tipped in its favor. Everyone knows this going into it. But with LIBOR, insider trading scandals, and other drips and drabs of leaked information over the years, we have a pretty good notion that the stock market is rigged. Its volatility is intentional; the super-wealthy have enough leverage to manipulate stock prices at their will so they can buy low and sell high. That’s not a casino, that’s a con. That’s using weighted dice, which even a casino doesn’t do. Stockman and the rest want you to believe the rise and fall of stocks and commodities (like Bitcoin) are due to irrational speculative investing, as if the prices are determined by trading volume.
But they don’t give you the most important piece of information, which is that those at the very top are controlling the trading volume, not to mention manipulating the exchange rates. When these tricks don’t work, they can just straight-up falsify the data, like they do with voting numbers. They can simply tell you a Bitcoin is worth $15,000, sell it to you for that much, then turn around and make the price drop to $5,000. They can do this because they created the market, and they own most of the commodity.
Lots of people, especially younger people who came of age during the 2008 recession, are skeptical of the stock market and the big banks. So the financiers had to create a new fake market to lure these younger folks under the guise of a “private,” “sound money” system. It’s no coincidence Bitcoin came right on the heels of the Great Recession. We’re told the mythical inventor of Bitcoin, Satoshi Nakamoto, was inspired by the recession to create Bitcoin as a sound money alternative. The truth is exactly the opposite: it was created as another unsoundmoney alternative, to catch all the fies that were getting wise to the great Wall Street scam and making a mass exit from its tangled web.
Bitcoin claims to be a fully encrypted form of digital currency that offers total financial anonymity. But that’s not true at all. You see, there are two primary ways to buy Bitcoin. You can send and receive it directly from other Bitcoin owners using a “digital asset wallet” or “crypto wallet” and making the transactions directly on the blockchain, which is a ledger of all Bitcoin transactions. Or you can buy them through an intermediary exchange service like Coinbase or Bitfinex, similar to brokerage sites for stocks (like Etrade or Fidelity). When you use the exchanges, you have to jump through at least as many hoops to set up an account as you would to open a bank account, including several forms of photo ID, proofs of address, your social security number, etc. In other words, you have no more anonymity than a bank account holder. Even so, using an intermediary exchange is far easier and less confusing than doing it the direct, anonymous way with a wallet. Just Google “how to buy Bitcoin anonymously” and see how long it takes you to figure it out. It’s immensely confusing and technical. Strike one. This is why the overwhelming majority of all Bitcoin owners use intermediary exchanges – they’re a whole lot easier. But this means that Bitcoin is no more anonymous than a bank card, and just as subject to taxation as fiat money. Strike two.
Another supposed value proposition of Bitcoin is that it’s decentralized. No single political entity or group has monopoly control over it, unlike fiat currency which is controlled and issued by the central banks. Again, this is bogus. Just look at the chart at howmuch.net and read the results:
Over 95% of all Bitcoins in circulation are owned by about 4% of the market. In fact, 1% of the addresses control half the entire market.
Please read that again. That’s an astounding fact. It means the power to infuence the value of Bitcoin in the hands of a very select few. Consider that strike three. And what’s worse, there’s no way of knowing who these few are. This is where the anonymity of the blockchain becomes a drawback rather than a benefit. You have no way of knowing who the Bitcoin millionaires and billionaires are. Yet because they have most of the world’s Bitcoin, they have tremendous power over it.
But wait, you say, we do know who the Bitcoin billionaires are. The media tells us who they are!People like the Winklevoss twins, Joseph Lubin, Brock Pierce, Matthew Mellon, Chris Larsen, and Ben Horowitz. You’re right, so let’s take a minute to hit each of them. By their photos alone you can tell these guys are all big, fat fakes…
The Winklevii grew up in Greenwich, Connecticut and attended the Greenwich Country Day School, alma matter of CIA top dog George H.W. Bush. What’s curious about the Winklevii is that they’re Jewish, but it’s not admitted anywhere – not even on ethnicelebs.com. Their Wikipedia page only mentions who their father is, which is odd, and geni.com has both parents listed as <private>, which is even more curious. We find out through other sources that their mother is Carol Leonard. At ethnicelebs.com and genealogy.com we find last names like Weinland/Weiland, Lotz, and Meyer. Those are all Jewish names. See lobbyist and philanthropist Dick Weiland, who started the Weiland Security Endowment Fund to Protect the Jewish Community and Combat Antisemitism, in response to a rash of faked anti-Semitic attacks around Cincinnati. Also Scott Weiland, lead singer of Stone Temple Pilots who recently
died, and who was actually born Scott Kline (another Jewish name). For Lotz, we have evangelist Ann Graham Lotz, daughter of Billy Graham. In Miles’ treatment of Graham, we find the Lotzes were a prominent Jewish family in Eastern Europe. In the Winklevoss family tree we also find the names Zilinskas and Palefsky. More Jewish names. At wikitree.com we find the names Wimer and Morrison. More Jewish names. Even their mother’s maiden name, Leonard, is a name commonly adopted by Jews – see comedian Jack Leonard (born Lebitsky), TV producer and writer Sheldon Leonard (born Bershad), and adult film star Gloria Leonard (born Klinetsky). The name Winklevoss also sounds pretty Jewish, doesn’t it? According to forebears.io, there are only 33 Winklevosses in the entire world. If we search the variant spelling Winkelvoss, there are still only 217. The closest common name I can think of is Winkler, which is Jewish – think Henry Winkler – or Finkel, of which there are many famous Jews. So why is no one admitting the Winklevoss twins are Jewish?
Entrepreneur Joe Lubin co-created Ethereum, the second largest cryptocurrency by market cap after Bitcoin. A Princeton grad, he went on to become VP of Technology for Goldman Sachs’ private wealth management division. After his stint at Goldman Sachs, he worked for two years for Blacksmith Technologies, based in Washington D.C. Here’s their website, which looks like it was made in 1996. Do you really think a Goldman Sachs VP would take a backwards career step to become a director at a tiny software company with a Papyrus font logo? I smell a fake company fronting for something else. Then we get a very long blank space in his resumé – hisLinkedin profile shows him doing nothing for nearly a decade, at which point he pops up as CEO of a music studio in Jamaica called SyNerG, which doesn’t even have a website. Looks like another front to me. Does that guy look like the owner of a Jamaican music studio? Then, suddenly, he helps create Ethereum. Strange, don’t you think? But the biggest red fag is his first gig out of Princeton, working as a Research Scientist for Vision Applications Inc. A search on that company brings up Eric Schwartz (Jewish name), born 1947. He got his PhD at Columbia and is now a professor at Boston University. His Wikipedia page tells us:
He founded Vision Applications Inc. in 1990, with support from the Defense Advanced Research Projects Agency (DARPA), for the purpose of developing actuators, sensors and algorithms for miniaturized space-variant vision systems…. This work culminated in the construction of a miniature autonomous vehicle which was the first vehicle to drive, unassisted by human backup, on the streets of Boston [in 1992].
In case you don’t know, DARPA is the technology research branch of the Department of Defense. So the co-creator of Ethereum worked for a company funded by DARPA and later worked for Goldman Sachs. Hmm.
Lubin is likely also Jewish, as Lubin is a Jewish name. See millionaire businessman David Lubin, a Polish Jew who served as director of the International Society for the Colonization of Russian Jews starting in 1891.
A large collection of his papers and photographs are now housed at the Western Jewish History Center in Berkeley, California. My guess is Joe Lubin is a relative of David.