Overstock Founder Sells All! Patrick Byrne vs The Deep State - The Gloves ARE OFF!!!

in #dtube5 years ago


In a bold and calculated move Patrick Byrne, former CEO of Overstock.com is going to war with the deep state!

His mission is to save his assets and those of his peers before insiders within the deep state pull the plug on him. Byrne sold all of his stock (and gifted some) to the tune of around $90M and he moved those assets into gold, silver and two cryptocurrencies as a hedge against what he says he sees as a global crisis coming soon at the hands of the deep state.

In this video

Dan Dicks of Press For Truth takes a look at the motives and goals of Patrick Byrne with this massive sell off as a hedge to a crash, which is similar to what we here at PFT have been saying one should do for years! If you’re not yet holding gold/silver or hodling some bitcoin what are you waiting for?

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Dan, due to changes at DTube (and Steemit) you no longer need to double post all your videos here. Posting once to DTube will generate a post on the Steem blockchain as well.

Don't be surprised if he keeps posting two, he doesn't seem to care about the blog beyond posting his videos.

Might as well post 3 or 4 copes of everything. People upvote it, and nobody seems to call him on it much. Just because it's always been that way, I guess. Anyone else trying to double post all their content would get shat on.

Great video and nice graphic!

Although I admire his guts to "take on" (or at least assert his stance), he is not very smart in doing 2 things:

1 - Telling his enemies that he is buying/storing gold in Switzerland which will then be transferred to other "secure" locations .

How idiotic. How can a guy like this not know that Swiss banking laws have been usurped by the US since several years now? All transactions from Americans are strictly tracked and documented and if ever he is labelled a criminal - something his Deep State enemies can most easily do - his assets will be frozen. Really stupid.

2 - Regarding his "2 cryptos" it is quite obvious that he is referring to Bitcoin as one of them. And we all know that Bitcoin can be tracked and is in control by the digitial arm of the Deep State.

So, although the world certainly does need more gutsy guys like him, won't do any good at all if he carelessly puts a target on his head like he has just done.

Either this guy will be "Arkancided" in no time, or they will destroy him financially.

Nonetheless, we all wish him the best of luck. And why wait spill the beans on the Deep State and the International Banking Cabal and the supposed agencies (SEC, CFTC, et al.) that are supposed to watch over them?

Ravencoin may be one of the two cryptos he is referring to as he seems to have an interest for(/in?) it. I guess we'll see what and if something pumps in the next couple of days.

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Why Ravencoin??? Seems like a shitcoin. A big investor like that would likely stick to the top 5 coins.

Excerpt of an interview given by Patrick Byrne:

How Ravencoin Provides a Solution for Vinsent

Ravencoin is an open-source fork of Bitcoin designed to handle the issuance of both assets and securities. Lead developer for the project is Tron Black, a principal developer for Medici Ventures— the blockchain subsidiary of Overstock.

Byrne went on to describe Ravencoin and its potential as a solution for Vinsent, a fine wine company:

“We have twenty different blockchain companies within Medici Ventures — what we are doing, where possible, is leveraging and integrating Ravencoin into these different projects. So for example, we’re invested in an Israeli company that’s doing a blockchain supply chain system for wineries. Ravencoin is the preferred solution for that company. We’re in the same process now with tZERO. tZERO is blockchain agnostic, and Ravencoin won’t be the only chain underlying tZERO, but people will be able to issue security tokens on Ravencoin. You may see it emerge in a number of our projects, like ConsenSys did with Ethereum.”

https://thetokenist.io/patrick-byrne-discusses-security-token-future-tzero-updates-ravencoin-more/

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I don't think they were doing as great as he mentions as they were put at a FRISK factor of 2 at the beginning of this year. Maybe he could just blame see the light at the end of the tunnel and wanted out, to keep from letting the company take a dive by his departure he came up with some fantastic story to tell.

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