All Episodes
Previous Next
March 8, 2018 - Health Ranger - Mike Adams
12:29
If you bought BITCOIN, you may have funded CIA dark ops
| Copy link to current segment

Time Text
If you bought Bitcoin, you may have accidentally funneled money to the CIA. This is the upshot of a revelation by Kaspersky, the software security company that does antivirus software and other types of software.
They came out, well, the co-founder came out and said that they believe that Bitcoin was created by the U.S. intelligence community, the CIA and NSA, basically, in order to be able to funnel money with near anonymity from place to place and raise money for their illegal, covert, black box, off-the-books operations.
Now, this isn't the first time we've heard this.
Many other people have expressed concern about this point, including myself.
But now we have Kaspersky chiming in and saying, yeah, that's what they believe is happening as well.
It kind of adds up, but it's not proven yet.
However, it is kind of a horrifying thought because most people who love the idea of cryptocurrency, and I'm one of them, I love cryptocurrency.
I love the idea of decentralization of the money supply.
We don't like big, powerful, ominous centralization of secret totalitarian power, right?
None of us like that.
The idea that you might be funneling money into the CIA or the NSA by participating in Bitcoin is quite horrifying.
And it's one more reason to really be careful what you're doing and understand why.
I mean, look, Bitcoin is backed by nothing.
It's not backed by any institution or government or insurance policy like the FDIC backs your bank accounts.
Bitcoin is backed by nothing.
And recently there was a theft of I think $500 million worth of Bitcoin from a Japanese Bitcoin exchange And that theft is irreversible.
It's not insured.
People had their Bitcoin in an online wallet, essentially, and that wallet got hacked and everybody lost their Bitcoin.
It all got stolen all at once and there's nothing you can do about it.
So Bitcoin is a shadowy existence, which, you know, at one level, it's like, yeah, you want the anonymity.
You don't want it to be controlled by a government or a bank or a corporation.
So that's important, and I get that.
But on the other hand, there's also no accountability.
If something goes wrong with Bitcoin, i.e. a massive online exchange gets hacked or the Mt. Gox situation, people flee with hundreds of millions of dollars worth of other people's Bitcoins, then you're basically screwed because there is no accountability.
But now let's bring it back to the whole intelligence community theory, which says, okay, that this whole thing was set up by the CIA and the NSA, and they've been pushing it, and they're using it, and they're profiting from it.
Well, it is true that a very small number of individuals or wallets, so to speak, own the vast majority of all the Bitcoin.
And if you had set this up, you could hold on to a lot of those coins from early on and just sell them slowly during the peak moments and raise a tremendous amount of cash.
I mean, hundreds of millions of dollars, if not billions at this point because of how much Bitcoin is worth.
But speaking of that, by the way, one of my predictions for 2018 was that Bitcoin would be under attack by regulators and there would be price pressure downward.
And since then, Bitcoin has dropped about 50%.
From roughly a high of almost $20,000 to today, as I'm recording this, it's under $10,000.
So it dipped below 10,000.
It's been hovering around 10,000 or slightly over that for quite some time, several weeks now.
And one of the things that I hear about this from the Bitcoin community, which I've described before as having a cult-like mentality about Bitcoin prices, is they say, oh, well, this price drop, this 50% price drop is good for Bitcoin.
And they say, well, it's going to clean out some of the riffraff, some of the non-serious people and so on.
It's going to clean it out.
And I'm thinking, man, where have we heard this before?
CNBC. When the stock market goes up, they're saying, oh, buy more stocks, buy more stocks.
Everybody's going to do well.
And then when the stock market goes down, what do they say?
Oh, this is awesome news.
Buy the dip.
You're going to get a great deal.
This is like, Bitcoin's following the same total nonsense that CNBC follows as stock cheerleaders.
You know, a lot of Bitcoin people have just become Bitcoin cheerleaders, and they've abandoned all rationality, logic, and reason.
And that's the issue I have with that.
I'm not anti-cryptocurrency at all.
I'm anti-stupid.
If you're gonna do something, you know, bring some reason to the table.
Bring some rationality.
And if it goes down...
That's not always a good thing.
I mean, you're saying, oh, it's a good thing.
It went down.
Well, then why isn't it a better thing if it drops to $1,000 a coin?
Is that even better?
I mean, it just makes no sense, the arguments that these people say.
But getting back to the intelligence community, we do know that the Bitcoin hash, the SHA-256 crypto hash was created by the NSA.
Now, that alone doesn't indict Bitcoin as being a vehicle of the NSA.
But there is a lot of legitimate questioning about whether the NSA has a backdoor to that hash.
It would be in the interest of the NSA to create a cryptography hash that they alone held the key to.
That would mean they could open and read everybody's emails, like PGP emails, if they were encrypted using the SHA-256 hash.
Or they could open and read any document, or they could even read the Bitcoin exchanges transactions, which requires breaking the SHA-256 encryption.
So There's an incentive for the NSA to have a backdoor to that, and that's the business of the NSA, is to peer into people's secrets and gather all kinds of intel and even blackmail information on politicians and Supreme Court justices and so on.
So it is a legitimate argument to suspect that the NSA has a backdoor to Bitcoin or other cryptocurrencies that are based on that cryptography hash.
And by the way, not all cryptocurrencies are based on that.
Other cryptocurrencies have a lot more privacy and are better designed, such as Zcash.
Zcash is designed by much smarter people, frankly.
Maybe I'll cover the technical details in a future podcast, but Zcash, Z stands for zero knowledge, which means that both parties...
Involved in a transaction or exchange of the cryptocurrency, neither individual in that two-party exchange has knowledge that can identify the other person in that exchange.
There is not traceability in Zcash as there is in Bitcoin.
So if you have an online wallet and you make a bunch of purchases with Bitcoin, all those purchases can be traced back to your wallet.
All the purchases you've ever made with Bitcoin are traced back to you.
Now, your wallet may not be identified with your personal ID or your social security number or something like that, but that's usually not a very big step.
Most people don't use encrypted...
Traffic, you know, VPNs and such to run their online wallets that use their identification.
And online wallets that are popular, such as Coinbase, require you to send them your ID, which means you don't have anonymity.
In fact, Coinbase is just sending all your information to the IRS. So there you go.
You don't have anonymity at all.
There's no financial transaction security or privacy for that matter.
So the NSA may be behind this, but we don't have proof of it.
For me, I just say, I don't know if the NSA is behind it or not.
It's a possibility.
But what I do know for sure is that Bitcoin is a Ponzi scheme.
It's a bubble.
It's a tulip bulb mania situation.
There's no rationality behind the prices going up.
Bitcoin, the initial promise was that this was going to be so useful for all the transactions.
You could buy a cup of coffee with it.
You could go grocery shopping with Bitcoin.
And that all the transactions were basically free or almost free and almost instant, taking just a few minutes.
Well, now, because of the overload on the network and the poor design that doesn't lend itself to scalability, Bitcoin transactions are very expensive.
They're costing over $20 each on average.
And they're taking sometimes two days to clear.
So 48 hours?
Really?
You're going to buy a cup of coffee and stand there and wait 48 hours for the coffee merchant to get your Bitcoin and then serve you your grande frappe, latte, crappe, whatever you're drinking?
No.
No one's going to do that.
It's useless.
Bitcoin is useless as a common medium of exchange.
Which means it's not really money, by the way.
So then the Bitcoin community tried to shift it and say, oh no, it's digital gold!
No, it's not digital gold, because gold is an element of the universe.
Gold is on the table of elements.
Bitcoin is not on the table of elements.
It's a fictional construct.
It's an agreed-upon A mathematical hologram, frankly, that can disappear in an instant.
It doesn't exist.
It's not real.
Gold is real and gold exists and gold will be here long after Bitcoin has come and gone.
So the whole digital gold argument falls flat on its face.
But don't worry, the Bitcoin pushers will come up with another argument, but what they'll never do is live in reality.
Because Bitcoin is a bubble.
Bitcoin is a Ponzi scheme.
The rising price of Bitcoin depends on them recruiting other people to buy into Bitcoin.
And that's why there's such animosity from the Bitcoin crowd right now who are attacking other libertarians who aren't Sucked into the Bitcoin cult.
And, you know, that's why you get so much just, I don't know what it is, just angry all the time, and they refuse to see what Bitcoin really is and how vulnerable it is to manipulation and collapse and fraud and theft and regulatory action and so on.
So it won't be long.
I don't know.
Within a few years, people are going to be off of the Bitcoin craze and hype and onto something totally different.
Cryptocurrency is here to stay.
And Bitcoin will always be around as sort of an artifact of online archaeology.
Interesting shit that happened.
Bitcoin will be in the museum of computational folly.
But it's not going to be your future money.
Not at all.
The future money that's crypto will be something, by the way, that is controlled and developed by the central banks and governments that will be legalized by them while they outlaw Bitcoin and everything else.
That's what's coming.
And there will be probably a false flag where they blame Bitcoin for funding the terrorists.
So that's a prediction I put out there.
And watch.
It's going to happen.
You already see the run-up to it.
The media is saying, oh, Bitcoin was used by this person to send money to terrorists.
And that was a story recently that a U.S. woman used Bitcoin to fund ISIS. So there you go.
I mean, it's already happening.
It's almost not even a prediction since it's already happening.
But I guess I did make that prediction before that news came out.
So it was a prediction.
Now it's just fact.
Anyway, there's a lot more coming.
Read bitraped.com for more reporting on this.
Bitraped.com.
My name is Mike Adams, a health ranger.
I'm the editor of naturalnews.com.
And I currently own less than one Bitcoin.
I don't know what fraction of a Bitcoin it is.
It was less than one.
That's a fact.
I don't know.
I don't know what it's worth.
I don't check the price every day, but it's less than one.
So I don't really, I don't have a dog in this fight, you know, up or down.
It doesn't really affect me very much at all.
Thanks for listening.
Take care.
▲
Export Selection