Cryptocurrency Price Explosion Cracks Media Blackout -- Desperate CNN Blames Bitcoin Price Rise on Trump

zhanmusi (58)in #writing • 7 years ago

If it were a Wall Street product like Google stock they would be cheerleading even in a downturn. How is that an asset can increase by hundreds of percent in a few years and get less press than the bilderberg group? In my experience studying the controlled corporate press the best plays are often buried. Look at gold while it was going from the low $200s to over $1000 per ounce. Even Keynes was constantly getting misquoted in the mainstream press when they called it a "barbarous relic". Today crypto is like gold skyrocketing to never before seen heights. But at least gold had years of charts to provide price points and a manipulated comex market with naked short sellers always able to push it down to support the fiat currencies.

Fake news CNN recently came out with classical propaganda. They first ask if people remember bitcoin. Only their brain dead audience would have to scratch their heads and try to recall the last time CNN badmouthed the skyrocketing cryptocurrency. This time they can make the rise of bitcoin a bad thing and blame trump for it instead of their banking masters. In the story there is a man holding a sign wanting to give bitcoin for cash. If bitcoin is skyrocketing shouldn't it be the other way around? It should have people with wheelbarrows of useless dollars begging for handful of bitcoins.

This article was buried in the currencies section. Of course there is nothing on the front page of CNN Money describing the fascinating parabolic rise of cryptocurrencies breaking new highs.
However, the bankers and their media slept on crytpocurrency ignoring and ridiculing it when its price was the lowest. Today the cryptocurrency marketcap is closing in on the value of some of the largest companies in the world. If this were a wall street fabrication with Larry Summers behind the scene it would be constantly flashing on MSNBC with Jim Kramer pushing the latest ico. If Soros were deep in cryptocurrencies there would certainly be legislation being passed through the US government to standardize it as a medium of exchange. If the government were a true democracy they would hail the moment in history when technology has finally made voting foolproof through a blockchain.

However, the powers that be will never allow their grip on the global financial machinery to slip easily. They will distort and change the fabric of reality as it suits their narrative while using academic journals, textbooks, public school indoctrination, and even draconian laws to protect their version of monopoly capitalism. Nevertheless this secrecy in the media and relentless criticism from socialists who fear that their "free" benefits will disappear as the tax slaves embrace crypto will only benefit the crypto prices in the long run. Fear is good when an investment has solid fundamentals. It gives those who accumulate time to build solid positions.

Why is it so quiet in medialand? How can these pundits go on for hours and hours talking about futures, interest rates, stocks, fiat exchange rates, and corporate earnings without mentioning cryptocurrencies. When they do talk about cryptocurrencies it is usually "tonngue in cheek" wordplay where the advocate gets a sarcastic beating. Why aren't the developers of cryptos and distributed platforms interviewed? Why is it always people like Jeff Bezos or Zuckerburg getting attention? When the media can no longer ignore the astronomical explosion of crypto prices they spin it as a bad thing and blame Trump but never the Federal Reserve Corporation that really pulls the economic strings in the US economy.

Look at it as a gift.Just as the manipulated silver market has dragged silver into the $teens many times over the past decade, the fake media will continue to spread fear about crypto and keep their braying donkeys and bleeting sheep running from the keys that open the prison gates. This is the time to look for opportunities to accumulate before the sheep make a run for the gate once they start the slaughter. Satoshi famous quote about banker bailouts may turn out to be prophetic as the next banker bailout will see a mass exodus into crypto currencies as austerity hits, bank accounts are confiscated, and ATM withdrawals are limited. What is happening in Venezuela today could happen in the West once cascading sovereign debt defaults start their domino collapse.

Reference
http://money.cnn.com/data/currencies/?iid=intnlcurrencies

Remeber CNN we have more than just cryptocurrencies. Let's see the bankers keep them both down at the same time without destroying the fiat scam!