Elite and Their Media Use "FUD" to Steal Your Crypto

in #bitcoin7 years ago (edited)

The elite and their owned media create fear, uncertainty and doubt to shake you from your crypto holdings. It is very easy for the elite to order a fake, negative news release regarding crypto currencies/token so as to create a stressful panic scenario urging you to sell. The media outlets have articles with speculative quotes and hear say, with no real evidence to back up their claims. The media loves to use "reports" and "rumors" of China and South Korea banning this or banning that. This is hog wash. The wealthy want to extract the crypto's from the impatient and unsophisticated investor. After all, this is the sole purpose of Wall Street, extract the wealth from the commoners and transfer it into their coffers.

The world's elite have had all of their assets tied up in the U.S. Dollar. The U.S. Dollar has been the world's reserve currency since the Bretton Woods agreement of 1944. Bitcoin, the blockchain and crypto currencies came up fast. It was as if it came out of nowhere. The technology caught most of the wealthy unaware. Imagine if you are of the upper class and your net worth is tied up in the U.S. Dollar. Now you see a paradigm shift and a new threat to the Fiat Dollar. How do you transfer your U.S. Dollar wealth into this new technology called digital crypto currency and the blockchain?

What makes matters worst, is the fact that many "common folk" have already transferred their Fiat U.S. Dollar wealth into crypto before they did. That pisses them off. How dare the common person get into a new financial instrument before they do. The wealthy are used to being in line first and controlling access to wealth. The wealthy are in a race to dominate crypto currencies and transfer their wealth to this new Fin Tech. They will not rest until they are dominate in the field and they own your cryptos. It is not enough for them to have their own crypto investment portfolio, they want it all and for you to have nothing. This is the mindset of the psychopathic elite and their upper level employees (CEO's of corporations etc.).

The old monetary system is dying and has run its course. The new financial system is definitely crypto currencies, digital assets and the blockchain. This new Fin Tech system will expand and last for millenniums. This new technology will be necessary if mankind were to travel the stars, colonize and interact with other galactic commerce. In the future, mankind will not be using paper fiat money, physical silver/gold coins for value transfer or storage. Value will be a decentralized digital asset blockchain and crypto currencies (rare sequence of registered numbers that can not be counterfeited). This new system is here now. We are experiencing 1992 all over again with the introduction of the internet. At first people were skeptical and unsure of the technology. Today, grandparents and 4 year olds use the internet. Same will be that of crypto currencies and the blockchain.

Yes, cryptos are here to stay. Do not have weak uneducated hands and panic sell your cryptos. Understand the secret battle that is taking place and stay strong. Remember, your entire future and your families is at stake. Generational wealth and security is being established right now. Having a wise diverse crypto portfolio can serve your subsequent generations very well, but not if you panic sell. Do not let the wealthy steal your generational wealth of your current crypto holdings. Think long term and view news with wisdom and insight. Look at motives behind the news. As the saying goes, buy when there is blood in the street.

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thats right! calm

We will grow higher than clouds!
Just let it all change and flow.
With love.

Thanks for sharing your view!

Bitcoin is dying and its dragging the entire market down with it. The markets are literally joined at the hip with BTC, and when BTC falls because people have realized how slow and unreliable it is, the larger market ( the new money, people who have been in the game for less than 5 months) panics as they believe that bitcoin IS the market, and if bitcoin fails, then everything else does. This is part of the issue when people like Warren Buffett go on record saying that "Bitcoin is a bubble and will burst" That part is true, for the most part, not many people are willing to pay $36 for a transaction, especially one that takes an hour or more to confirm, and even more so when the developers make little attempt to fix the BTC network -

But when everyday people hear things like this is causes a massive amount of irrational fear...coupled with news from South Korea which was false, as well as news from traditional outlets that claim the market and Bitcoin are constantly dying. We risk going into a free fall in prices within the next few weeks if people don't stop spreading false information. The market dropped by 30% just on false news and an assumption that Korea MIGHT POSSIBLY COULD BE MAYBE be banned from the markets. What would happen if over a 3 day period Fox News and CNN falsely reported that "Bitcoin" was going to be banned in the US, without any proper sources to back it up? The market would implode all based on a rumour. This is why its VERY important to not follow false channels, or people looking to hype coins, its causing the market to expand in a direction that it shouldnt be going, which is the hype, pump, dump and the market is burning scenarios. This has a lasting effect on the human mind, and we'll pay for it eventually.

Good points. Thanks for sharing. I see long term and the soundness of the blockchain. I have not sold one crypto coin in two plus years since I started my portfolio. I am amazed at how easy people are influenced. I begin to see how the elite stay on top and most end up being surfs.

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