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Title : Flashback: Federal Reserve Controls Coinbase, Coindesk, Kraken, Ripple …
link : Flashback: Federal Reserve Controls Coinbase, Coindesk, Kraken, Ripple …
Flashback: Federal Reserve Controls Coinbase, Coindesk, Kraken, Ripple …
| Medium | Nov 14, 2017 | Justin Danneman |
My previous article focuses more on the central banker connections with Bitcoin and Bitcoin Cash, however I felt that exposing more of their connections is warranted. As an investor knowledge is what makes or breaks you.
When researching this material, I do what I always do.I follow the money.
If the images of tin foil hats, the words “fake news”, or the immediate need to write a comment calling me a flat earther pop up in your brain upon reading that the possibility of the crypto-realm being under the control of those who already control you, provide for me a specific counter argument, and we can have an open minded discussion.
I personally have never understand why so many dismiss the possibility that the richest and most powerful people on the planet strategize collectively on how to create more wealth and power for themselves.
I get why many dismiss this notion since within the media these financial tycoons “act” confused over crypto-currencies, often discussing their “future” potential as something theoretical in both good and bad ways. The truth is it’s all a smokescreen.
Practically everything relating to cryptocurrencies and cross chain platforms (payment systems) has central bank funding at its roots. They were in on it from day one.AXA Strategic Ventures, the investment arm of AXA Group, whose CEO Henri De Castries is also the chairman of the Bilderberg Group, is considered a primary investor of Blockstream, having donated $55 million.
Barry Silbert sits on the board of Blockstream, is the owner of the Bitcoin Investment Trust (BIT), and most importantly, is the CEO and founder of the Digital Currency Group (DCG).
Blockstream and Chaincode employ most of the Bitcoin Core Development team.
“Banks can’t ignore Bitcoin anymore.” — Barry Silbert
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| Glenn Hutchins with Hillary Clinton |
DCG’s co-founder Glenn Hutchins, a once special adviser to President Clinton as well as Hillary, sits on the board of the Federal Reserve Bank of New York, Nasdaq, …
The Federal Reserve Bank of New York is one of 12 central banks that make up the Federal Reserve — a bank that very few truly comprehend, belonging to a fairly easy to research banking web that leads up through the IMF to the Bank of International Settlements (BIS).
The BIS has every central bank on the planet under its umbrella. They are all connected — they strategize as one.
When the IMF’s Managing Director Christine Lagarde spoke in London at the Bank of England about future possibilities for cryptocurrencies, comparing their rise to a brave new world of wonder and possibility …
… what she really meant was they (the bankers) were well on their way to a (singular) brave new world.
The DCG Portfolio is Quite the Collection
According to Matt Corallo, one of the Bitcoin Core developers, DCG may be able to:
“shift significant value towards one cryptocurrency over another. As an investor in numerous bitcoin startups, DCG further has a strong incentive to encourage rule changes and adoption of cryptocurrencies that benefit their portfolio companies and their own operation. They may overrule changes that benefit the investors in the proposed [Exchange-Traded Product {ETP)].”
DCG actually has quite the investment portfolio, including Ripple, ZCash, Coinbase, Bitpay, Civic, Kraken, Coindesk …
There have been articles that I have published that receive dozens of pingbacks (source links) within seconds of each other, all originating out of Switzerland, each regurgitating the same article word for word: cryptotradernews, cryptoblog, cryptostreet, profitmaker.tips, techbox, digitalmarket, coinmarket.news …
They’re not even really hiding it, with Ripple proudly announcing on their blog that they recently had the honor to host over two dozen central banks from around the world to explore how new technologies enable the next generation of payments.
DCG is one of many central banking extensions. There is also the Depository Trust & Clearing Corporation (DTCC), specializing in advancing distributed ledger technology (payment systems), who receive their funding from the Federal Reserve Bank of Minneapolis as well as Morgan Stanley and Goldman Sachs.
So What is the Point? What is Their Endgame?
When you can print as much money as you want, it becomes meaningless.
This is about control.
A cashless one world digital currency with everyone hooked up into a digital grid, where everything about you is uploaded in real time onto the “web”.
The new Apple iphoneX, with its own built in artificial intelligence that utilizes facial recognition to identify you is about to be released …
China has integrated facial recognition within their CCTV system that can identify any one of their 1.3 billion citizens within 3 seconds. When a Chinese citizen uses crypto-currencies, the Chinese government instantly knows — there is no anonymity or decentralization at play. This format will soon become a reality within the western world.
In Summary
You as the investor are the consumer and in the end ultimately have the power. Do your research — do not believe anything I have said unless you can prove it yourself. Invest your money where you feel it should represent you. Do you want to make money? You can follow in the aftermath of the banks and try and predict their moves, and that may initially work for you, but it could also get you burned quick.
Just as in the dotcom boom of the 90’s there is actual value in several blockchain applications. Once the dust settles from the destruction of the get rich quick schemes that are getting in the way, these are the projects that will emerge and reshape our infrastructure, just as the internet did.
Whether that future is decentralized is still questionable.
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