Cryptocurrency

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Concept.png Cryptocurrency 
(currency,  p2p)Rdf-entity.pngRdf-icon.png
Interest of• Daniel Bruno
• Agustín Carstens
• Dollar Vigilante
• Nikolai Mushegian
Digital currencies with computer generated security protection.

Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units.

Examples

Bitcoin, Ethereum.

WMD

During the rise of computer mining farms with thousands of computers combined together (growing Bitcoin to a $60k US Dollar exchange rate), analysts such as Peter A. Thiel argued cryptocurrencies to be a Chinese WMD aimed at destabilizing the US, by making the cost of living too high for the average American, getting quoted in a large number of US corporate media.[1]

Usage

Trade War

Screenshot 2021-12-31 at 01-42-26 2 charts show how much the world depends on Taiwan for semiconductors.png
Full article: US-China trade war

Although the Cold War 2.0 concept was originally formulated with Russia in mind, China has emerged as a focus of the US Deep State. Controlled media focused on China's rapidly[2] structural influence in technology, even being responsible with their state companies such as Huawei[3][4] for securing European governments their vital ministerial departments.

As a result of the shutdown of many parts of the global supply chain, Taiwan came under scrutiny[5][6] for being the de facto sole supplier of computer chips (or semiconductors specifically) for a wide variety of products.

Shortages for every product requiring computer chips, tariffs by the US & EU and increased tensions surrounding Taiwan and Hong Kong, caused prices for computer chips and similar components to skyrocket, making the world extremely[7] dependent on a rapid recovery of the Chinese (or Asian) economy, fuelling tension between Asian and American consumers[8].

Ban

As bitcoin was blamed[9] for the supply chain shortages - with millions of people in lockdown and computer data centres emerging "mining crypto" - China banned the mining or using computers their power to get cryptocurrencies in 2021, drawing attention from the WEF.[10]


 

Examples

Page nameDescription
BitcoinA cryptocurrency
CBDCBlockchain hosted replacement for cash, run by central banks
Lightening networkBitcoin micropayment protocoll

 

Related Quotations

PageQuoteAuthorDate
CBDC“We intend to establish the equivalence with cash and there is a huge difference there, for example in cash we don’t know who is using a 100 dollar bill today ... the key difference with the CBDC is that the central bank will have absolute control on the rules and regulations that will determine the use regarding that expression of central bank liability and also we will have the technology to enforce that.”Agustín CarstensOctober 2020
Whitney Webb“Bitcoiners should pay close attention to these developments as the DOJ in particular has attempted to paint bitcoin as the payment of choice for well-known terror groups like ISIS and al-Qaida, signaling that the working group proposed by this bill will likely seek to specifically target bitcoin. Adding to this concern is the fact that a slew of recent mainstream media reports — which cite Treasury and FinCEN officials, DOJ officials and CIA analysts — have claimed specifically that “terrorists are turning to bitcoin, and they’re learning fast”, that bitcoin is the “new frontier in terror financing”, and that “bitcoin is helping terrorists secretly fund their deadly attacks”. Even the prominent military think tank RAND Corporation has argued that “bitcoin and the dark web” are the newest terrorist threat.”Whitney WebbSeptember 2023

 

Related Documents

TitleTypePublication dateAuthor(s)Description
Declaration of Currency IndependencedeclarationMay 2021John McAfeeThe main author, John McAfee, died mysteriously in jail the next month.
Declaration of Monetary Independencedeclaration2021Mark Maraia
Mike Hobart
Document:Silicon Valley’s Trump supporters are dicing with the death of democracyArticle4 August 2024John NaughtonSpeaking to a Christian convention in Florida the other day, Donald Trump said: “Get out and vote. Just this time. You won’t have to do it any more. Four more years, you know what: it’ll be fixed, it’ll be fine. You won’t have to vote any more, my beautiful Christians.”
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References

  1. https://www.marketwatch.com/story/china-may-be-using-bitcoin-as-financial-weapon-against-u-s-says-peter-thiel-11617837743
  2. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwiW3pHR6Yz1AhU9i_0HHeu_DjwQFnoECB0QAQ&url=https%3A%2F%2Fcarnegieendowment.org%2F2021%2F12%2F23%2Fhow-u.s.-businesses-view-china-s-growing-influence-in-tech-standards-pub-86084&usg=AOvVaw32BN7pprBKWzaLJtsIe1r9
  3. https://www.oxfordeconomics.com/recent-releases/The-economic-impact-of-Huawei-in-Europe
  4. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjapcuh6Yz1AhXvwQIHHfcfDFMQFnoECAcQAQ&url=https%3A%2F%2Fwww.politico.eu%2Farticle%2Fus-europe-5g-strategy-huawei%2F&usg=AOvVaw1rHTF7KyC4gtBvRWaARw8_
  5. https://carnewschina.com/2021/10/12/cpca-the-shortage-of-chips-is-due-to-monopoly-tsmc-agrees/
  6. https://www.wsj.com/articles/the-world-relies-on-one-chip-maker-in-taiwan-leaving-everyone-vulnerable-11624075400
  7. https://www.cnbc.com/2021/03/16/2-charts-show-how-much-the-world-depends-on-taiwan-for-semiconductors.html
  8. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwiq2LTr5Yz1AhU0h_0HHb11BpIQFnoECBsQAQ&url=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Ffeatures%2F2021-01-25%2Fthe-world-is-dangerously-dependent-on-taiwan-for-semiconductors&usg=AOvVaw27yNvkHF0IamdKV-IqvkAJ
  9. https://www.economist.com/graphic-detail/2021/06/19/crypto-miners-are-probably-to-blame-for-the-graphics-chip-shortage
  10. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwiQ86no36j2AhWV_6QKHZQZB90QFnoECAQQAQ&url=https%3A%2F%2Fwww.weforum.org%2Fagenda%2F2022%2F01%2Fwhat-s-behind-china-s-cryptocurrency-ban%2F&usg=AOvVaw20xk0IbfQF7a5cEB0emgsy