SPIRIT IN
THE DARK
BITCOIN CONSPIRACY
By
Nece
The Spirit of humanity has
always tried to move forward, even in tough economic times. On the other hand, there are those who create
the hard-economic times who suck the life out of regular people. February 27th
of 1932 was no exception. This is when the first Glass-Steagall Act was passed,
which divided commercial and investment banking into two separate entities. Remember,
the Great
Depression had started that
October of 1929. The U.S. government had to
do something to make the
citizenry think that “Big Brother” was protecting them. Then, in March of 1933,
the Emergency Relief Banking Act was sprung on the public of the United States
of America.
Within a month of the emergency
banking act, Roosevelt had signed Executive Order 6102, which made it a crime
to possess any gold bullion, gold certificates, monetary gold, and contract
payments in gold. This order allowed the government to
confiscate gold from the
citizens in the United States and pay them $20.67 a troy ounce in paper currency,
which had no value at the time. After the U.S. government reimbursed all its
citizens for their gold, the price of gold was raise to $35 under the Gold
Reserve Act of 1934. The true reason for these actions was that by the time of
the Great Depression, the United States had reached its credit limit with the
Federal Reserve. So, to increase their money supply, the U.S. government
confiscated gold from its citizens.
See, under the Federal Reserve
Act of 1914, the Federal Reserve note had to be backed by at least 40% of gold.
Because of the increase in the price of gold, foreign countries exported their
gold to the United States in substantial numbers. This increased the temporary
assets of the United States Treasury. In turn, this allowed the U.S. to increase
their money supply with gold and devalue the dollar. Now let us fast forward to
2018 and the new craze with bitcoin. peculators have been permitted to invest and drive up the cost of
bitcoins. But, there are only 21 million bitcoins worldwide. When all the
bitcoins have been harvested, the United States Treasury will try to confiscate
all the bitcoins, artificially bring down the price, and adopt an exchange rate
of 1:1, and mandate that all its citizens turn in their paper currency for
bitcoins. Then, the exchange rate for the U.S. dollar will increase; thus,
increasing the money supply of the United States government. Only the U.S.
government and the very rich will be allowed to deal in the green back
gold. These predictions may not happen tomorrow
but give it time.

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