Legacy Bitcoin Rises Surreptitiously as the Reserve in a new Two-tier Monetary System; whilst impostor Bitcoin Core Dies

@anonymint · 2020-02-22 10:32 · bitcoin


The Birth of Bitcoin: A Phoenix Born from the Ashes of the Financial Crisis

@mrvi8 asked:

Does it mean bitcoins on legacy wallet (starting with 1) will be worth something?

I’ve been positing in my prior recent blogs, that legacy Bitcoin (i.e. Satoshi’s original protocol, not BSV) would rise to $100+k in 2020 after the posited SegWit attack start date at the Bitcoin mining reward halving event on May 14, 2020, because the reward for mining will increase from current 12.5 to perhaps (at least temporarily) 1000+ BTC per block:

And Quora answers (including my answer on Quora):

And written ~2.5 years ago:

If that is the case all alt coins should be converted to BTC before may and be sold before or after may 14, or I am getting this wrong?

In this blog, I’m positing that the peak price of altcoins relative to BTC will be in February and/or at the latest mid-March. Get ready to sell altcoins at the peak targets I’ve written in this blog (c.f. my latest updates to this blog).

But the problem is we may not be able to cash out legacy Bitcoin anymore to fiat currency, because of what I blogged about:

The exchanges may be destroyed. The “secretive non-governmental organization”, the Financial Action Task Force on Money Laundering (FATF) may step in with onerous capital controls, c.f. also “Recent news” about draconian AML, KYC, PoSoFs coming “within a few months”.

FinCEN was upset because a secretive non-governmental organization, the Financial Action Task Force on Money Laundering (FATF) had identified St. Kitts & Nevis as being “non-cooperative in the fight against money laundering.” At the time, St. Kitts & Nevis didn’t appreciate being singled out as a haven for financial criminality. After all, every serious study of money laundering had concluded that most of it is conducted in the world’s largest financial centers: New York City and London, to be exact.

In spite of the reeking hypocrisy, St. Kitts & Nevis obligingly enacted stringent anti-laundering laws later that year. In response, not long after FinCEN issued that Advisory in 2000 against St. Kitts & Nevis, it was withdrawn.

Refer to the list of 5 strategies in this blog.

Note in the U.S.A. the income tax issue on the Core airdrop can be perhaps offset by claiming a loss on the value of the Core ”BTC” airdrop in the same tax years (i.e. 2020).

What will happen with BCH?

REKTD.

Also, do you see any alt coin surviving this kind of disaster?

Some will survive (e.g. Ethereum if it moves to proof-of-stake before or during the attack), but no current altcoin has any use case beyond roughly 2021. For example, Ethereum is unscalable and proof-of-stake is not trustless (oligarchies take control) thus will die in a clusterfuck as will Steem (and every other DPoS crapola). For example:

Bitcoin Gold Is Held Captive by Whale With Almost Half the Supply

The only way any altcoin could have a use case longer-term is if someone solves how to have proof-of-work not succumb to rented hashrate attacks, control by ASIC mining farms and make it scale transaction volume. ASIC mining farms put the control of the blockchain into future control of the FATF.

That’s the altcoin I’ve wanted to develop, but my chronic illness has stopped me thus far.

PoSoF means proof of source of funds.

Posited Segwit Donations Attack Will Destroy Impostor BitcO~~i~~n Core


Courts Will Begin Seizing Bitcoin This Year Without Using Private Keys, According to Craig Wright

Courts Will Seize BTC With Miners' Help: Self-Proclaimed Satoshi Craig Wright

I’ve added another summary on Quora, which I decided to quote here also:

Let’s say Craig Wright is Satoshi or at least has the private keys to the billion-dollar trust. Should I sell my BTC because the price will drop once it is public or once Kleinmann gets his share and BSV is now the next thing?

My answer will seem maddening and shockingly conspiratorial, resembling F.U.D.. Your knee-jerk reaction may be to reject my answer out-of-hand based on typical filters for not wasting time assimilating outlandish, nonsense.

Yet if you dig into my 2.5+ years of archives on this subject and all my related blogs, you’ll presumably understand that I might be one of the top experts in the world on this topic (sorry not trying to brag but seriously).

  1. I posit that Craig Wright isn’t Satoshi, but he’s being used by the creators of Bitcoin as sort of circus clown for obfuscation of their diabolical plan.

  2. Ostensibly Bitcoin was created to replace the U.S. dollar as a world reserve currency asset in a two-tiered currency system[1] — not to be a transactional coin for the masses. IOW, everyone except $billionaires and $trillionaires will be kicked off of Bitcoin onto to a permissioned, not trustless 666 enslavement coin for the masses such as Facebook’s Libra or competitors. My recent blog Bitcoin Fractal Projects an Infinite Price, contains some elaboration (and links into my relevant, more comprehensive archives).

  3. “Satoshi” (i.e. our evil-echelon global masters behind-the-curtain who invented the soon-to-be “666”[2] Bitcoin) hodls the private keys to the 1.1 million Bitcoins — the so called “Tulip Trust”. They can presumably dump them to accomplish the following diabolical plan, pinning it on Craig-the-fall-guy-clown. Whilst Craig can claim he was forced to sell, to meet his obligations for the court case he surreptitiously filed against himself, lol.

  4. Note Craig will not be selling legacy Bitcoin — rather selling the worthless Bitcoin Core airdrop on the exchanges after surreptitiously forking the chain. The posited timing is to be at the halving event on May 14, 2020. And they need to skyrocket the Bitcoin price before this (c.f. my blog Bitcoin Movements Ahead on the Way to the Moon), so that when they crash Bitcoin Core then it will only mine a new block perhaps once a week or month, thus forcing all the miners to switch over to legacy Bitcoin (not BSV!). Readers need to understand that Bitcoin Core (which everyone thinks is the “official” Bitcoin) is actually a soft-fork impostor. In blockchain protocols, there’s no such thing as “official” or user-consensus. There’s only the longest-chain, game theory such as Nash equilibriums with Schelling points, and miner economic incentives. You need to read my relevant archives to understand why my statements are likely to be the correct assimilation of the facts.

  5. BSV is not legacy Bitcoin. Please do not confuse the two. The latter is Satoshi’s immutable protocol which forms the real Bitcoin which will be the global reserve currency asset with immutable 1MB block sizes (not scalable to high transaction volume).

  6. Everyone hodling Bitcoin Core (i.e. addresses beginning with 3 or bc1 instead of legacy that begins with 1 ) will see their tokens drop to near $0 after the posited Segwit donations attack begins, if the “attack”[3] transpires as posited.

  7. All inane, novice objections have already be refuted in the long discussion/debate I participated in about this on Bitcointalk.org.

  8. Legacy Bitcoin eventually rises to an infinite price relative to the eventual death of the U.S. dollar if posited attack transpires. $100k is likely in 2020 and possibly an acceleration to even $1 million because as I blogged in Precisely Why Bitcoin Is Re-accelerating, the value of Bitcoin is according to the stock-to-flows model (as I explained in my blog Secrets of Bitcoin’s Dystopian Valuation Model), driven by the cost of mining but the cost rises to the value of the mining reward which will be increased from 12.5 BTC to some 100s or 1000s of BTC donations per block!

P.S. Everything has been archived such as on archive.is and/or Wayback Machine (where possible even though for example, permissioned, non-trustless Quora attempts to block archiving presumably so they can control the narrative and exclusivity…which is why we need decentralized solutions on scalable, decentralized blockchains if possible).

[1] Sometime after 2026 – 2032, as the dollar will grow stronger interim due to an economic contagion beginning outside the U.S.A. (due to politics and rising level natural calamities due to the dearth of sunspots aka Maunder Minimum, which impacts tectonics and climate thus plagues, locusts, etc.) which has started to go parabolic since January 18

@BSV commented:

a nonsense con game collectible is indeed what bitcoin has turned into as the globalists took over it to prevent it from scaling.

The company Blockstream - controlling the "bitcoin core" team that develops bitcoin software that all miners run, is now controlled by the Bilderberg Group - seriously! AXA Strategic Ventures, co-lead investor for Blockstream's $55 million financing round, is the investment arm of French insurance giant AXA Group - whose CEO Henri de Castries has been chairman of the Bilderberg Group since 2012. https://www.wsj.com/articles/bitcoin-startup-blockstream-raises-55-million-in-funding-round-1454518655

You see, bitcoin was created to replace the BIS/FED and become the first and only universal ledger of truth of mankind, that was the goal of its intrinsic utility. But the globalists didn't like that humanity could access a single ledger of truth, were they cannot censor people nor delete their own proofs of doing evil, so they realized the only way to attack it was to take over the development team & put little grains of sand into it until it would just stop the clock aka prevent scaling, which would eventually kill it indirectly as bitcoin can only survive if there is enough transaction volume to counter balance the fact that the block reward halves every 4 year, as it was designed to. That's why a Bitcoin Civil War started and is still going on.

The 2nd paragraph above is probably correct. The rest is him not understanding that legacy Bitcoin was intended to never scale and instead be a reserve currency asset in a two-tiered, global monetary reset.

C.f. also:

#phoenix #dystopia #rothschilds #faketoshi
Payout: 0.000 HBD
Votes: 14
More interactions (upvote, reblog, reply) coming soon.