Loading...

The Bitcoin Bubble: Hidden Risks And The NSA - Hallo friend HEALTHY LIVING, In the article you read this time with the title The Bitcoin Bubble: Hidden Risks And The NSA, we have prepared well for this article you read and download the information therein. hopefully fill posts items ENTERTAINMENT, items FITNES, items HEALTHY, items HEALTHY FOOD, items HEALTHY LIVING, items HOW HEALTHY, we write this you can understand. Well, happy reading.

Title : The Bitcoin Bubble: Hidden Risks And The NSA
link : The Bitcoin Bubble: Hidden Risks And The NSA

The Bitcoin Bubble: Hidden Risks And The NSA

Investment Research Dynamics | Aug 9, 2017 | Dave Kranzler

© bitcoinist

“These digital currencies might make fiat currencies look good. That’s how bad they are.” – Peter Schiff

Until proven otherwise, Bitcoin, and all cryptocurrencies for that matter, are faith-based “currencies,” just like the U.S. dollar or any other fiat currency. Instead of “full faith and credit of the U.S. Government,” cryptocurrencies require full faith in blockchain technology. The Daily Coin posted an interview with Ken Schortgen of The Daily Economist in its revealed that:  “The NSA developed blockchain technology and released the information in a white paper that has been uncovered by Ken Schortgen, Jr., The Daily Economist – LINK.”  The white paper can found here:  How To Make A Mint: The Crytotography Of Anonymous Electronic Cash – NSA, Cryptology Division, June 18, 1996.

Built to be skeptics, we have been wondering why Governments and Central Banks tolerate Bitcoin and all of the other cryptos if indeed the cryptos are the digital equivalent of the gold standard.  As it turns out, the NSA de facto has the ability to hack crypto blockchains.  We are certain the NSA is not the only entity globally with that ability.  Furthermore, the cryptocurrencies are absorbing a lot of fiat currency that likely would otherwise be flowing into gold and silver.  It reminds us of GLD and SLV, both of which have absorbed billions of institutional cash into two “black hole” vaults that have yet to withstand a bona fide independent audit.

In this episode of we bravely shred the Bitcoin and cryptocurrency mystique, which are more emblematic of the global asset bubble than a suitable substitute for gold and silver’s monetary function:

Loading...

thus Article The Bitcoin Bubble: Hidden Risks And The NSA

that is all articles The Bitcoin Bubble: Hidden Risks And The NSA This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.

You now read the article The Bitcoin Bubble: Hidden Risks And The NSA with the link address https://healthylivingsimple.blogspot.com/2017/08/the-bitcoin-bubble-hidden-risks-and-nsa.html

Tweet

Subscribe to receive free email updates: