EXPLOSIVE BREAKING NEWS: BITCOIN IN A BOX

This weekend European Union (EU) financial officials in Brussels announced that ‘bail out’ of insolvent euro banks, mainly in Italy, Spain, Portugal and Greece, will now be the responsibility of the sovereign nation.

This decision by European Union financial officials puts into question the credibility of the entire European Union.

We can now also divulge that the alleged currency exchange “Bitcoin” (controlled by the U.S. Fed, the U.S. NSA and JPMorgan Chase) faces an IMF (International Monetary Fund) criminal investigation (a Red Notice) linked to charges of money laundering.

The IMF inquiry comes on the heels of the government of Norway’s announcement that the foreign currency ponzi scheme known as Bitcoin can no longer operate in the Norweign financial sector and, accordingly, will be treated as an asset, therefore making themselves subject to capital gains taxes that have to be paid in Swedish, Danish, or Norweign kroner.

Bitcoin does not meet the simple definition that a currency is a means of exchange.

Bitcoin is nothing more than a electronically disguised credit default swap that enables crooked derivative trading by the crooked banks.

P.S.  As massive bank asset deleveraging continues, Italian financial regulators have accused Black Rock and none other than Bicoin in the money laundering of Swedish, Danish and Norweign kroner and then using the laundered funds to purchase forward positions on British pound sterling, Swiss francs and the European currency.

Question:  Are the ECB, the U.S. Fed, the Bank of England and the Central Bank of Japan now using Bitcoin as a line of credit to structure credit default swaps and write more bogus derivatives?

You know the answer to that question.

This illegal money laundry has created a currency bubble in the aforementioned foreign currency markets.

Banks are now over 50% margined and face massive derivative exposure that will create margin calls and a create a credit crunch similar to 2008 in a rush to buy U.S. dollars.

P.P.S.  LATE BREAKING NEWS

The NSA-controlled Bitcoin, with direct links to the aforementioned Central Banks of the world, is now also tied to secret U.S. CIA proprietary accounts (the noted Marvelous Investments in Switzerland aka MIL), which includes the funding of alleged Al Qaeda, the noted CIA data base.

MIL has also been tied to the 9/11 black op false flag attack on the United States.

Reference:  Nazi Paperclip George W. BushFRAUD’s Reichstag fire.