The Arrest of Samourai Wallet Developers Shows the US Government Hates Privacy and Freedom – Andrea Togni 5/9/24

Source: Mises.org

On April 24, two lead developers of Samourai Wallet (SW), the most-advanced privacy-centric wallet in the bitcoin ecosystem, were arrested and charged with money laundering and money transmitters offenses by order of the United States Department of Justice (DOJ). This is just the latest assault of an escalating war waged by US regulators on financial privacy and freedom.

Continue reading “The Arrest of Samourai Wallet Developers Shows the US Government Hates Privacy and Freedom – Andrea Togni 5/9/24”

What Happened to Bitcoin? – Jeffrey A. Tucker 4/14/24

Source: Brownstone.org

Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.
Continue reading “What Happened to Bitcoin? – Jeffrey A. Tucker 4/14/24”

SEC Moves Against Decentralized Finance, Targets Uniswap – Rick Findlay 4/11/24

Source: ReclaimTheNet.org

The US Securities and Exchange Commission (SEC) has delivered an enforcement notice to Uniswap, a decentralized cryptocurrency exchange.

Known as a Wells notice, the enforcement wrangle points toward a future legal dispute between the regulatory body and Uniswap, reflecting its reputation as a precursor to enforcement actions.

Continue reading “SEC Moves Against Decentralized Finance, Targets Uniswap – Rick Findlay 4/11/24”

What is the Bitcoin Halving? Unveiling the Most Important Event in Bitcoin’s History – Brian Nibley 3/7/24

Source: FinanceMagnates.com

With spot Bitcoin ETFs having been approved the same year that the halving is set to take place, many newcomers to the space may be wondering: what is the Bitcoin halving? This is a common question among those wanting to learn more about the Bitcoin protocol. Expected to be the most important event in Bitcoin’s history, the 2024 halving is expected to occur sometime on or around April 13.

Here we will cover the basics of how the Bitcoin halving works, what the Bitcoin halving is, why it happens, and what it may mean for markets this year and beyond….

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Governments Start Calling For Price Controls; Rationing And CBDCs Come Next – Brandon Smith 9/21/23

Source: Alt-Market.us

Last month in the middle of the surreal “Bidenomics” hype I published an article titled ‘Nothing Is Over: Inflation Is About To Come Back With A Vengeance.’  I outlined the misconceptions surrounding CPI and how it is not an accurate model for the effects of inflation.  I also noted that the index had been manipulated downwards by Joe Biden as he flooded the market with oil from the strategic reserves.  Because so many elements of the CPI are connected to energy, Biden had created an artificial drop in CPI using this strategy.

Continue reading “Governments Start Calling For Price Controls; Rationing And CBDCs Come Next – Brandon Smith 9/21/23”

Hedging the End of Fiat – Alasdair Macleod 8/24/23

Source: SchiffGold.com

It is slowly coming clear that the fiat dollar’s hegemony is drawing to a close. That’s what the BRICS summit in Johannesburg is all about — rats, if you like, deserting the dollar’s ship. With the dollar’s backing being no more than a precarious faith in it, it is bound to be sold down by foreign holders. Being only fiat, it could even become valueless, threatening to take down the other western alliance fiat currencies as well.

How do you protect your paper wealth from this outcome? Some swear by bitcoin and others by gold.

This article looks at what is likely to emerge as a replacement currency system, and concludes that from practical and legal aspects, bitcoin and the entire cryptocurrency industry will fail with fiat, while mankind will return to gold, as it has always done in the past when state control over currency fails

Continue reading “Hedging the End of Fiat – Alasdair Macleod 8/24/23”

How a CBDC Created Chaos and Poverty in Nigeria – Jan M. Fijor 9/1/23

Source: Mises.org

It is no coincidence that Nigeria, with a population of over two hundred million, became the first serious global testing ground for central bank digital currencies (CBDC) implementation. Not only is it the wealthiest country on the continent where the globalists are making plans, but Nigeria also possesses significant hydrocarbon and metals reserves and talented citizens. For these reasons, it can serve as a relatively good example for the rest of the poorest continents.

Continue reading “How a CBDC Created Chaos and Poverty in Nigeria – Jan M. Fijor 9/1/23”

As Cuba Takes Leap Towards ‘Cashless’ Economy, Entrepreneurs Brace for Impact – Reuters 8/21/23

Source: Reuters

When Cuba in early August announced it was taking a major step towards electronic banking and a “cashless” society, the offices of fledgling small businesses across the communist-run country were left scrambling to figure out how to respond.

Most alarming to many budding entrepreneurs was a new 5,000 peso ($20) daily cap on cash withdrawals for businesses, one of several measures the government said were aimed at forcing Cubans to do their transactions electronically, via transfer, online payment and bank cards.

Continue reading “As Cuba Takes Leap Towards ‘Cashless’ Economy, Entrepreneurs Brace for Impact – Reuters 8/21/23”

NAB, Comm Bank and ANZ Introduce New Transfer Restrictions that Give Them More Control of Your Money; as the Move to ‘Cashless’ Branches Rolls On – Daily Mail 8/6/23

Source: DailyMail.co.uk

Australia’s crypto community is up in arms as the Big Four banks move to stop transfers to digital currency sites in the name of ‘protecting customers’ from scams.

Daily Mail Australia reported on Sunday that the Commonwealth Bank has set a strict $10,000 monthly limit on the amount a customer can transfer to crypto exchanges and related sites.

It can now be revealed that this follows similar moves by NAB, Westpac and ANZ.

Continue reading “NAB, Comm Bank and ANZ Introduce New Transfer Restrictions that Give Them More Control of Your Money; as the Move to ‘Cashless’ Branches Rolls On – Daily Mail 8/6/23”

Putin Signed Digital Ruble Law Making a CBDC Possible in Russia – CoinDesk 7/24/23

Source: CoinDesk.com

Russia’s president Vladimir Putin signed the digital ruble bill into law today, allowing the country’s central bank to issue its own digital currency.

The digital ruble, which the Bank of Russia has long been mulling over, will be used for payments along with other methods, according to the new amendments to Russia’s Civil Code. The digital ruble accounts will be managed by the central bank, the law says. The bill passed its third, final hearing on July 11 and had been waiting for the president to be signed.

Continue reading “Putin Signed Digital Ruble Law Making a CBDC Possible in Russia – CoinDesk 7/24/23”

Brazil’s CBDC Allows Government To Freeze Funds, Developer Discovers – Christina Maas 7/17/23

Source: ReclaimTheNet.org

In a disquieting discovery, the Brazilian Central Bank Digital Currency (CBDC) is reportedly designed with a feature enabling the government to freeze user funds and adjust balances. The revelation emerged after Pedro Magalhaes, a prominent blockchain developer and founder of Iora Labs, managed to decode the underlying technical details of the CBDC.

Continue reading “Brazil’s CBDC Allows Government To Freeze Funds, Developer Discovers – Christina Maas 7/17/23”

How the War on Crypto Triggered a Banking Crisis – Ellen Brown 4/29/23

Source: EllenBrown.com

According to an article in American Banker titled “SEC’s Gensler Directly Links Crypto and Bank Failures,” SEC Chair Gary Gensler has asked for more financial resources to police the crypto market. Gensler testified at an April 18 House Financial Services Committee hearing:

Continue reading “How the War on Crypto Triggered a Banking Crisis – Ellen Brown 4/29/23”

Argentina Abandons USDollar In China Trade As Local Bitcoin Reaches Record High – ZeroHedge 4/27/23

Source: ZeroHedge.com

Over the last few weeks, it has seemed you can’t turn a page, blink at a pixel, or hear a news report without some form of de-dollarization headline shrieking at you. From Brazil to Saudi Arabia, and from India to Argentina, and increasing number of nations are ‘reportedly’ shifting away from the dollar hegemon.

Continue reading “Argentina Abandons USDollar In China Trade As Local Bitcoin Reaches Record High – ZeroHedge 4/27/23”

The IMF Has Just Unveiled A New Global Currency Known As The “Universal Monetary Unit” That Is Supposed To Revolutionize The World Economy – Michael Snyder 4/13/23

Source: TheEconomicCollapseBlog.com

A new global currency just launched, but 99 percent of the global population has no idea what just happened.  The “Universal Monetary Unit”, also known as “Unicoin”, is an “international central bank digital currency” that has been designed to work in conjunction with all existing national currencies.  This should set off alarm bells for all of us, because the widespread adoption of a new “global currency” would be a giant step forward for the globalist agenda.  The IMF did not create this new currency, but it was unveiled at a major IMF gathering earlier this week

Continue reading “The IMF Has Just Unveiled A New Global Currency Known As The “Universal Monetary Unit” That Is Supposed To Revolutionize The World Economy – Michael Snyder 4/13/23”

Coinbase, SEC on Collision Course for ‘Existential’ Clash over Crypto Industry – Reuters 3/24/23

Source: LBCGroup.tv

Coinbase (COIN.O) debuted on the US stock market on April 14, 2021 – the same day US senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country’s top markets regulator.

Gensler, who has called the crypto sector a “Wild West” riddled with fraud, is now embroiled in a battle with the world’s largest publicly-traded crypto firm over a core debate: whether digital assets are investment contracts akin to stocks or bonds that should be regulated by the SEC.

Continue reading “Coinbase, SEC on Collision Course for ‘Existential’ Clash over Crypto Industry – Reuters 3/24/23”

As Banking Collapses Erode Trust, Bitcoin Fixes Moral Hazard – Mickey Koss 3/13/23

Source: BitcoinMagazine.com

As unrealized losses piled up, Silicon Valley Bank (SVB) gradually, then suddenly became insolvent, followed by the collapse of Signature Bank and people beginning to wake up to issues pervading our financial system. Modern day bank runs, though digital, can force banks to sell reserve assets at a loss, inevitably leading to insolvency.

Continue reading “As Banking Collapses Erode Trust, Bitcoin Fixes Moral Hazard – Mickey Koss 3/13/23”

Nigerians Not Eager to Embrace Central Bank Digital Currency – SchiffGold 3/7/23

Source: SchiffGold.com

Violent protests in Nigeria reveal that getting average people to embrace central bank digital currencies (CBDCs) might be more difficult than government officials would like.

Nigerians recently took to the streets to protest a cash shortage caused by government policies adopted in order to push the country into the adoption of its central bank digital currency (CBDC).

Continue reading “Nigerians Not Eager to Embrace Central Bank Digital Currency – SchiffGold 3/7/23”

Kraken the Whip: The Feds’ Latest Assault on Crypto Freedom – HumanEvents 2/21/23

Source: HumanEvents.com

As if we needed another reminder of why blockchain technology is such a critical innovation in the face of authoritarian government overreach, the SEC’s recent $30 million settlement with cryptocurrency exchange Kraken is a perfect example, capturing the attention of crypto enthusiasts around the world.

Continue reading “Kraken the Whip: The Feds’ Latest Assault on Crypto Freedom – HumanEvents 2/21/23”

Doug Casey on the Fed Raising Its Inflation Target and Other Shenanigans – InternationalMan 2/15/23

Source: InternationalMan.com

International Man: Recently, there have been whispers about the Fed raising its official inflation target above 2%.

But before we get into that, we should define our terms.

What is the proper way to think of inflation and the Fed itself?

Doug Casey: First of all, the word “inflation” should be viewed as a verb, not as a noun. Inflation is an increase in the amount of money. This is why Bitcoin—which may have other issues as a money—is inflation-proof; it’s a mathematical certainty that no more than 21 million will ever exist. There are absolutely no limits to the supply of fiat dollars, however.

Continue reading “Doug Casey on the Fed Raising Its Inflation Target and Other Shenanigans – InternationalMan 2/15/23”

Operation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs – NicCarter 2/9/23

Source: PirateWires.com

The Biden Administration is quietly trying to ban crypto. Nic Carter explains in an explosive guest post for Pirate Wires.

-Solana

What began as a trickle is now a flood: the US government is using the banking sector to organize a sophisticated, widespread crackdown against the crypto industry. And the administration’s efforts are no secret: they’re expressed plainly in memos, regulatory guidance, and blog posts. However, the breadth of this plan — spanning virtually every financial regulator — as well as its highly coordinated nature, has even the most steely-eyed crypto veterans nervous that crypto businesses might end up completely unbanked, stablecoins may be stranded and unable to manage flows in and out of crypto, and exchanges might be shut off from the banking system entirely. Let’s dig in.

Continue reading “Operation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs – NicCarter 2/9/23”

New FTX Filing Pulls Back the Curtain on Sam Bankman-Fried’s Massive Influence-Peddling Operation – TheIntercept 1/30/23

Source: TheIntercept.com

A filing in FTX’s bankruptcy proceedings is shedding light on the true extent of the crypto-trading powerhouse’s influence-peddling operation. Last week, FTX filed its creditor matrix, a document that lists former vendors and investors to the company.

The list includes nearly a dozen public relations experts — specialists who generate positive spin in the media on behalf of clients — as well as political consultants, think tanks, and trade groups.

Continue reading “New FTX Filing Pulls Back the Curtain on Sam Bankman-Fried’s Massive Influence-Peddling Operation – TheIntercept 1/30/23”