Source and Video: See the CNBC video report HERE.
I'm not one to easily adopt mainstream media buzzwords and the like, but this is one example of "fake news" that is just too laughable--and revealing--not to share.
In a recent short-form online video report, CNBC.com has let everyone know that:
If you're trading Bitcoin, depending on where you are, there's a chance you might be funding Kim Jong Un's regime in North Korea.
If you just spit out your coffee or water in a burst of explosive laughter, don't worry. My reaction was similar. Never mind the fact that American taxpayers' taxes fund the largest terrorist war machine on the planet, dropping bombs on men, women, children, and infants around the world, or that the UN is now starving the North Korean economy (and thus, North Koreans) via recent sanctions which cut trade with China and effectively reduce North Korea's export trade activity by 35%. No, that's all irrelevant because...well...reasons.
What's truly alarming is that fact that there may be ONE DUDE mining Bitcoin in North Korea!!!! GASP! THE HORROR! As my good friend on Facebook put it:
"This would be like blaming people that eat at McDonald's for helping a serial killer because the serial killer works part-time at another McDonald's."
Here's the vid:
All this comes right on the heels of JP Morgan CEO Jamie Simon saying that:
Bitcoin is a fraud that will ultimately blow up,
And that it is only fit for use by drug dealers, criminals, and North Koreans.
Funny that he also said that Bitcoin developers are going to "try to eat our lunch" at an IIF (Institute of International Finance) annual meeting in D.C., October 2014. If BTC is going to fail, why worry, Jamie?
When the MSM is united on something like this, you can be sure there is a reason why. To be honest, it gives me hope.
We now have thousands upon thousands of individuals empowered by an idea, making money and gaining financial freedom via free, decentralized systems created by innovative minds. The state, of course, hates this, as nothing that evil does is ever original. And, in their "perfect world," it seems to be an accepted tenet that the peasants should never have a lunch of their own.
Well, fuck that. Let's eat!
Graham Smith is a Voluntaryist activist, creator, and peaceful parent residing in Niigata City, Japan. Graham runs the "Voluntary Japan" online initiative with a presence here on Steem, as well as Facebook and Twitter. (Hit me up so I can stop talking about myself in the third person!)