Crypto-hunters Beware: TWO Breakthroughs Could WIPE OUT Bitcoin VS Bitcoin Could Cause An Economic Apocalypse

in cryptocurrencies •  7 years ago  (edited)


SUMMARY: In this video, Stephan Molyneux describes the 'hidden dangers' of Bitcoin, one of which is the US trust based service sector about $3.4 TRILLION YEARLY!  US bank fees alone generate $250 BILLION/year, global payment related revenue exceed $300 BILLION/year....   So if the Bitcoin price continues rising at the same pace, the transition to Bitcoin would cause an economic systemic shock, and possible entire collapse of the world economy. But with all the ongoing mania, this is too late now for potential Bitcoin owners to self-restrain. Bullishness has an price. That is why Goldman Sacks and other big sharks jumped in and will make sure that it doesn't happen under the guise of hunting crime. If the machinations go according plan, they will make it more and more difficult for people to use Bitcoin, the exuberance/mania will lose steam. In this scenario, psyops will deter investors from rushing in as time goes and Bitcoin will falter by much, what could cause its crash if too many decide to throw in the towel. 

These TWO breakthroughs could WIPE OUT Bitcoin

SUMMARY: whoever controls more than 50% of the mining of the bitcoin blockchain, effectively controls the whole blockchain and can steal all the Bitcoins, which is why it is a system said "decentralized", to avoid that.... but... who could do this if the Bitcoin success continues? China and Russia, Mike Adams says.  Quantum computing is the 2nd danger that could take down Bitcoin, almost instantly. Quantum computing is not longer sci-fi and will crack any cubit encryption, and sooner than we think.  

EARTH CUSTODIANS COMMENT: The fear of the possibility of Chaos is the fear of true Freedom!  Yes it is but in this case, many Bitcoin players are completely oblivious to the threats they have helped shape. Earth Custodians know that it is the end of the monetary paradigm so they watch all the events at play and only have invested in their higher-self.  They have nothing to lose. 

PREVIOUS BLOG ENTRIES

Vital Information for Crypto-hunters... What Ron Paul On Dollarvigilante Did Not Say |  Mystery Unveiled: Why was 21 million picked as the number of bitcoins to be created? |  Are PM's/Fiat/Cryptocurencies Sharing The Same Flaw? Here Comes **The** Rabbit Hole! |  Value Of Bitcoin? Global Monetary System Has Devalued 47% Over The Last 10 Years |  From Gold To Fiat And Cryptocurrencies, And The Fate Of Irrational Exuberance |  Bitcoin & The Manic Bullishness Of The Crowds Struck Again (WAM/Jeff Berwick Talk Cryptocurrencies) | Materialism At Odds With Freedom And Decentralization | 'Life First' To End Money!  Beyond Anarchy|  The Problem With Power VS The Zero-Sum Game Economy 

 The  Earth  Custodians is not a "gloom and doom blog" as it promotes a  different  way of  thinking to address any current human crises. We cannot resolve  the  problem with the same mindset that created it. 

Human emotions being ruled by physics, Earth Custodians call   for   the adoption of a different  way of  thinking to promote   conflict  resolutions. Different but not new, because  such  concepts were already  debated  two thousands years ago: they are keys  to grasp  the  unhealthy  mechanics driving people's need  for  power  structures, and  as how to overcome them as well. Mainstream  Psychology is on its    death bed.  Yes, it is possible to see way  ahead of the curve, and  if  it takes one generation for a  money-free  society to take shape,  that  shouldn't prevent anyone from  taking   action, and  using money to  spread  the word until a critical  mass  (20%  of   population) is  reached.  Please do not hesitate to  visit our   website and forum     

Thank you in advance for resteeming and upvoting such important topics and spreading the aims of the Earth Custodians!!



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Buying bitcoin will cause a collapse of the economy...right. Wouldn't it be horrible if an appreciating money were used instead of our current depreciating fiat money. I can see the danger in it, people would be gaining value over time...the horror!

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