Bitcoin to Destroy Paper Currencies | Jeff Berwick
FinanceAndLiberty.com, Published on Sep 26, 2017
China is shutting down cryptocurrency exchanges and outlawing initial coin offerings.
But China’s attack on cryptocurrencies will not succeed, Dollar Vigilante Jeff Berwick tells Silver Doctors. As long as the Chinese people have access to the Internet, they have access to Bitcoin, Jeff says.
On the news coming out of China, Bitcoin has had $1000 price swings. With such volatility, can Bitcoin ever be money? Yes, Berwick says. “It has the potential to take over and destroy all governments and central banks on earth. And as it does, the volatile things will be the fiat currencies which will be in full collapse mode in the next couple years.”
The post BITCOIN TO DESTROY PAPER CURRENCIES | Jeff Berwick appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/09/26/bitcoin-to-destroy-paper-currencies-jeff-berwick/
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Whistler Blowers, Insiders
Our American Constitution tells us plainly that we are to have gold and silver coins that will represent the prices of the goods or labor that is to be paid out . But the evil bastards in the early 1900s begn removing the coins and melting them into bars then giving us pieces of paper with pictures of dead presidents on them . According to our Constitution they should have been hung for crimes against humanity and Treason . Had they have preformed this action we would not be in the problems we are now in . And this problem is our gold and silver has been stolen , and money borrowed on this paper system then printed , then interest charged but no money printed to pay off the interest . How can it be paid back ? So the nation has to give up goods of value to pay for this paper criminal system . Trump needs to declare American debt free because of the criminal paper set up system ! If the criminals resist bomb the hell out of them ! Then go get our gold and silver they have stolen !
Electro magnetic pulse from a war or solar flare from the sun can destroy Bitcoin.
If that happens, food and water are the prize. You can’t eat gold and silver.
Bitcoin is fiat money on steroids. The day will come when they all run for the door….just wait and see what is going to happen.
Its like the Tulip Mania in Holland. You could buy a house for a tulip bulb. Then it all came crashing down.
Remember that you have to buy bitcoins with real money.
One of a long run of mind control articles with no genuine source for the news stated, if you do not take the fear bait, there is the hope bait, the end result is the same, making you buy silver or gold. The real power of the BOC was shown in 2011 when it banned Reminbi to Bitcoin cash exchanges in Banks in 2011 by all Chinas banks, it has no regualtory power other than over banks, it can do no more than issue directives to the Communist Party outside its influence and non banking is outside its influence.
No exchange is posting its intent to relocate out of China or any instance of this ‘NEWS’
When this comes out during pump and dumps and banker anti crypto media campaigns we know who exactly is behind the Goldbugs.
By the way the only way Gold and Silver will gain in value is if there is an asset bubble caused by all that money in other investments jumping into it as a store of wealth, when it comes down to it that is all they are.
I guarantee you that bitcoin is doomed. You have to buy the crypto coins with real money. But when you want to cash out your bitcoins, no one wants to give you real money for them. You’re trapped in a closed loop of fake Internet money.
When bitcoin ”investors” head for the door, no one will be able to exit. Its a Laurel & Hardy comedy that’s not funny. Then the bitcoins will be worth about $00.001 each…or less…much less.