Tuesday, June 22, 2021

Ep. 2468a – It Has Begun, Businesses Are Beginning To Accept Alternate Currency

from X22 Report:

TRUTH LIVES on at https://sgtreport.tv/

Bitcoin price surge may be driving up interest in digital yuan, Bank of China says

from RT:

The recent rise of bitcoin could be among the reasons for renewed interest in the Chinese digital yuan project, according to the People’s Bank of China (PBOC). The world’s top crypto, bitcoin, is effectively banned in the country.

Wang Xin, PBOC’s research bureau director, told reporters that market interest in the digital yuan is “very strong and everyone is paying close attention.”

He said, as quoted by CNBC, that “on one hand, this is related to more and more central banks in the world participating in the development of domestic digital currencies. On the other hand, this [interest] may also be related to the large increase in the price of bitcoin.”

Here We Go Again: JBS “Paid” “Russian” “Hackers” $11 Million In Bitcoin To Resolve “Ransomware” Attack

from ZeroHedge:

There was a moment of sheer hilarity earlier today when, during a Congressional Hearing, the CEO of Colonial Pipeline Joseph Blount took the merely farcical episode of the Colonial Pipeline ransomware hack – when, as a reminder, a ragtag band of elite “Russian” hackers somehow managed to penetrate the company’s cyberdefenses but was so stupid it left most if not all of the $4.4 million bitcoins it demanded in ransom in an easily traceable address for the FBI to track down and magically confiscate (it is still unclear how the Feds got the private key to access the “hackers” digital wallet) in days if not hours – and elevated it to a level of sheer ridiculous absurdity when he told Congress that he didn’t consult the FBI before paying the ransom.

Is John Rubino Buying Dogecoin?

by Kerry Lutz, Financial Survival Network:

John Rubino is back… The Great Dogecoin Scam, but Ethereum is the real deal. It’s the sign of a bubble when random assets blast off, which otherwise have no value. It’s just like Gamestop and NFT’s. It’s not much different from Bitcoin. Inflation in Iron Ore and Copper. Copper reaches record highs. Iron Ore on its way. Vanity Fair vax article masks forever. It’s just the right thing to do. The pro-lockdown side is starting to fracture. A significant segment doesn’t want to give up their lockdown lifestyle. Vaxx is going well, Covid rates are dropping almost everywhere but India… “To The Moon”, Literally: SpaceX Says It’ll Accept Dogecoin As Payment For Lunar Mission. Major Gasoline Pipeline Hack but don’t worry it’s coming back up slowly. People don’t yet fully grasp cyber terrorism risk. It’s actually driving up gasoline prices. What about hacking the banking system, or the power grid. We can’t really quantify the risk. It happens before anyone sees it coming. The stock market is super risky too. GOP Governors cutting off supplemental unemployment insurance to help with the emerging labor shortage. Chipolte embraces the fight for $15. CDC’s power to issue an eviction moratorium was struck down. Brooklyn Borough President and mayoral candidate Eric Adams, a former NYPD captain, imagine a dem running on a law and order platform, what’s the world coming to?

THE FIRST CRYPTO-BANKER DEATH?

by Joseph P. Farrell, Giza Death Star:

I hate stories like this, because of the loss to the families involved. The process of posing questions or speculating on such events can seem callous or insensitive, and I have no wish to seem any of those things. I merely wish to ask the question “why”? Why would a young, intelligent and gifted man apparently end his life, especially when he had everything to live for? Here’s the story spotted and shared by V.T.:

Man found in Hudson River identified as cryptocurrency mathematician

And here’s the central core of the story:

Here Comes Bitcoin’s Big Test: The Empire Strikes Back (Repost)

by John Rubino, Dollar Collapse:

One of the flaws in the revolutionary mindset is a tendency towards overconfidence. Combine absolute belief in a new idea with a couple of early wins and you get an absurd level of cockiness. This leads the would-be revolutionary to underestimate the challenges involved in getting from there to ultimate victory.

Why? Because those early successes happened when hardly anyone was paying attention. Once the threat is recognized, the Empire usually strikes back with intent, and the revolution turns out to be a lot harder, and a lot less certain, than it seemed.