from Peter Schiff:
by Marcel Pechman, Coin Telegraph:
In 10 years Bitcoin’s finite supply will be nearly exhausted, meaning holders might only need 0.01 BTC to become filthy rich.
Saving 0.01 Bitcoin (BTC) might cost only $500 today but according to the current global wealth distribution and the digital asset’s limited supply, 0.01 BTC just might be enough to make one a millionaire in the future.
According to Credit Suisse’s “Global Wealth Report 2020“, there are 51.9 million individuals with a net worth surpassing $1 million. The index considers a person’s net worth, along with their financial and real estate assets, while al deducting their debts and liabilities.
by Arjun Walia, Collective Evolution:
New leaks from Edward Snowden, the NSA whistle-blower who leaked a wealth of information on the NSA’s mass global surveillance program a few years ago, among other leaks, has just released new documentation showing that the NSA worked ‘urgently’ to target bitcoin users.
Classified documents from Snowden, in the form of a passage in an internal NSA report from March 2013, shows how tracking down senders and receivers of Bitcoin allowed the NSA to better collect and analyze global internet traffic, “while also exploiting an unnamed software program that purported to offer anonymity to users, according to other documents.”
It wasn’t just bitcoin they were keeping tabs on, but also multiple cryptocurrencies, and according to the NSA report, “Bitcoin is #1 priority.”
from SGT Report:
Jim Willie returns to SGT Report to discuss Trump, geopolitics, the economy and the four facts the show a gold standard — at at least three times the current gold price — is coming into view.
by Joseph P Farrell, Giza Death Star:
Believe it or not, today’s blog may be related to the two previous days’ blogs. But what possible relationship could Bitcoin and for that matter, crypto-currencies in general have to CERN or to Argentina and the recent visits of Mr. Tillerson and Mr. Bezos there, to check out the “nature”.
Well, when Mr. M.A. sent the following article to me, he did so with some very suggestive high octane speculation of his own. He suggested that, perhaps, there might be a connection between CERN and crypto-currency mining. Why? Well, because there is a bunker in Switzerland which was built by the Swiss military as a command headquarters during the Cold War, and which now functions as a private corporate facility, surrounded by intense security, to guard crypto-currency encryption keys, the very things that drive blockchain:
The article itself points out the reason for all the security:
It’s odd to think of a virtual currency needing physical storage, but just like your most precious photos, cryptocurrencies need some kind of material container. A bitcoin vault doesn’t store actual bitcoin units. Technically, what’s being stored are private, cryptographic keys. These keys form a pair with public-facing keys and provide access to the balance of coins stored on the bitcoin network. Gaining unauthorized access to someone’s private key is akin to stealing their gold bar. The security protocol in the bunker is designed to ward off attacks from “well-funded terrorist groups or hackers.”
Stories of hackers finding their way through even the best-secured bitcoin accounts are legion, and—given that bitcoin was designed to make banks obsolete—it’s ironic that bank-like methods have to be used to keep cryptocurrencies safe.
If someone gets hold of your private key, there’s no way to claw the funds back or demand a refund. That’s why firms that store bitcoin like this one, called Xapo, are a juicy target—and why the bunker requires paranoiac levels of security.
But why would Mr. M.A. suggest a potential link to CERN? While his email was rather sketchy in details, I had to admit, as I allowed my own penchant for high octane speculation to run amok, he may have a point, for three basic reasons: (1) mining crypt-currencies requires a lot of electricity, something which CERN has in abundance; (2) mining crypto-currencies also requires a lot of computing power, something which CERN also has in an abundance rivaled probably only by the vast computing power of intelligence and signals-intercept agencies; and the real kicker is (3) CERN may be engaged in secret data analysis and correlation experiments, as I have speculated on numerous occasions. But it is also a sovereign entity, and could equally use that power as a means of very covert funding. Enter crypto-currencies, for as I’ve also pointed out on this site, stories have recently emerged that some very nefarious groups are using crypt-currencies to fund their operations and activities. So Mr. M.A.’s speculation may not be all that much of a stretch. (Hmmm… Switzerland, Templars, lots of money, Templar space satellites…. hmmm….)
But then, squatting in the middle of this article, something else caught my attention, and my jaw hit the floor. Recall that yesterday I blogged about the appearance of Mr. Jeff Bezos in Patagonia, tweeting about glaciers and saving the planet and space. Mr. Bezos, as most people know, is a billionaire, the founder of Amazon, owner of the Washington Post, and Amazon and the CIA are in turn related (and not just indirectly through the Post). Amazon is a huge database, if one wants to look at it a certain way, sitting on top of mountains of raw data of inestimable value to intelligence.
Mr. Bezos’ presence in Argentina is coincident with U.S. Secretary of State Tillerson’s, and again, Mr. Tillerson’s Argentinian junket began, not in Buenos Aires with a meeting with President Macri, but in San Carlos di Bariloche where, ostensibly, he was to give a speech to a nature preserve and meet with a Fullbright scholar.
Uh huh. Sure. Glaciers, Fullbright scholars, and nature preserves.
So what was squatting in the middle of the article?
Sit down, and have a couple of fingers of Jack Daniels, because this one is a stunner, and full of implications:
Xapo’s founder is the Argentinian entrepreneur Wences Casares, the “patient zero” of bitcoin among Silicon Valley’s elite. It was Casares who gave tech luminaries like Bill Gates and Reid Hoffman their first bitcoins. Carlos Rienzi, Xapo’s head of security, chose the vault, and he designed the private suite and its security protocols.(Emphasis added)
That’s right: the owner of this bunker, and one of the “founders” of Bitcoin, according to this article, and therefore, someone who sits on top of the Bitcoin op, is an Argentine “entrepreneur”.
Now let’s search for Senor Cesares. Wikipedia says this about him:
He is the founder and CEO of Xapo, a bitcoin wallet startup based in Palo Alto, California. Xapo is said to be the largest custodian of bitcoin in the world.Xapo has raised $40 million from leading Silicon Valley venture capital firms.
Casares sits on the board of PayPal and, as part of his non-profit activities, he serves on the board of Endeavor, a non-profit organization that promotes high-impact entrepreneurship in emerging markets and that was instrumental in his early success. He also served on the board of Kiva, a non-profit organization with a mission to connect people through lending to alleviate poverty worldwide.
Originally from Patagonia, Argentina, Casares launched that country’s first Internet Service Provider, Internet Argentina S.A. in 1994, a company he would go on to sell in order to found the Argentine online brokerage Patagon in 1997. Patagon established itself as Latin America’s first comprehensive Internet financial services portal and expanded its online banking services to the United States, Spain, and Germany. Patagon was acquired by the Spanish bank, Banco Santander for $750 million which became Santader Online worldwide.
Oh… gee… look! He’s from Patagonia in Argentina!
Read More @ GizaDeathStar.com
In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. One victim even claims to have had their house raided and computer equipment seized in a follow-up operation by UK police.
from SGT Report:
Victor Sperandeo “Trader Vic” joins SGT Report to discuss QE which will continue to propel the stock market higher. The Fed, Trader Vic says, has been serving the rich while enslaving the poor with near zero interest rates. We talk about the economy, the trade war with China, Gold, Silver, Bitcoin and the deep state. Thanks for tuning in.