Dear Friends,
It seems to me, the absolute corruption the FTX bankruptcy exposes, is astounding. That it is being manipulated into a Hegelian swindle is shocking even to the most jaded and cynical. The pathology that leads to such behavior is indeed deep, dark and disturbing. Basically, people created a decentralized currency to get around the central bank controlled monetary system. It got out of hand and became successful… so the elite set up a centralizing means, the FTX exchange, where they took depositor’s money and spent it on whatever they wanted, orgies, drugs and overturning democracy. They paid off the elite so they would turn their backs. They say, so far, the money squandered is upwards of 9 billion dollars. Those must have been some orgies! Like I said… astounding.
Bitcoin, the first crypto currency, was invented specifically to limit the elite’s ability to manipulate money. Based on blockchain technology it was designed to be un centralizable. The inventors saw the central banks and their control of the money supply as a source of global oppression. The scheme was to counter the Rothschild corporate policy, Let me coin a nation’s currency and I care not who makes its laws. Bitcoin, and all the other crypto currencies that have come after, are manifestations of mankind’s desire to get out from under the will of evil men who, coin the currency. The potential to lift the stone of despotism from the back of mankind is awesome. So much so the CCP has outlawed it. The elite in the West despise crypto as well, but wanted to harvest money from it first… so they created FTX.
The elite centralized a decentralized scheme by making it appear like FTX was a bank for crypto. Marketing made their exchange cool, changing one crypto to another and other wiz bang things. FTX “lent” money to corporate partners. They bribed the mockingbird media and bought the regulators at the SEC. Not that they had to, with one of the executives at the company, the daughter of the head of the SEC. With connections like that, scams become easy. What a swindle it was. No other has come close. 9 billion dollars of depositor money lost. The executives in their million dollar beachfront mansion are still having orgies… leaving the little guys the bag holders. Bank fraud will have to miss his next meeting with Zuck the schmuck, the 3 WEF stooges and pugnacious Pelosi.
As always, once the elite centralized the decentralized crypto currency, their corruption took over. That corruption led to blowing up the entire crypto sphere. Which was probably their intent all along. Now the vast destruction of people’s wealth has led to calls to further centralize crypto. The people who blew up the crypto market with their corruption, are being rewarded with more power to feed that corruption, because they will soon regulate it. Making the whole idea of a decentralized currency to get around the bankers soon to be moot. Crypto will be regulated out of existence and replaced with a Central bank Digital Currency, CBDC. In the end, the idea of blockchain decentralized currency, to get around the oppressive banking system, will have led to the system becoming a bigger threat than ever.
The elite did not become the elite because they are squeamish about morality, laws or humanity. They became the elite because they consider themselves above such things. Their egos, lack of remorse and lust for thrill supersede minor limitations like those. Which makes their actions hard to understand by the common run of man. We look at people who are hypocrites, then use the exposure of that hypocrisy to gain more power, defrauding us all the way, and we assume our eyes must be malfunctioning. Nevertheless, unless we act, the elite will be rewarded for their corruption, and we will be the pigeons again. Giving depth to the saying, “Steal a penny from the rich and the State will move heaven and Earth to get to you, steal everything a poor person has, and they won’t dispatch a car.”
Sincerely,
John Pepin