CRYPTOCURRENCIES
FX
However, it was the early escalation in stock prices that became the harbinger of collapse in the bolivar’s purchasing power. “Never underestimate the
replacement stocks within an power of inflationary
spiral” the saying goes and no more relevant than when
“inflation” metamorphoses into “hyperinflation” as seen recently in Venezuela.
Now, in the Western world and specifically the U.S, it is apparent that very large holders of American dollar wealth have decided that they want to have
control of the currencies to which they transfer wealth, keeping it away from the interference and meddling of politicians and the global banking cartel. Whereas gold and silver, by way of physical possession were once the stores of value within which wealth sought sanctuary, government intervention and manipulation by way of the derivative exchanges sent the members of this elite class of billionaires scurrying for the ultimate alternative to the precious metals and herein lies the genesis of Bitcoin.
In my opinion, BTC represents the final chapter of the repudiation of fiat currencies by those of the Super-Wealth fraternity. They own all of the prime real estate around the world; they own all of the publicly traded behemoths listed on global stock exchanges; and they own every politician and every court of law in existence. Ergo, there was only one glaring vulnerability to which the elite class were exposed—currency risk. Now, with Bitcoin, they have removed accessibility of this product to the Rothschild-ian Mantra of “controlling a nation by controlling its currency,” which was and is the modus operandi of the banker class. The maniacal move of BTC in 2017 represents total disdain, not for Zimbabwe dollars or Venezuelan
FX TRADER MAGAZINE January - March 2018 53
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