Will Bitcoin Crash Again in 2019? An Article Videos ...

New? Scared? "80% crash. 'Bitcoin is dead' for 2 years. 250% parabolic rally in 1 month. Then, lost 40% in 1 week." < Look again... the chart below isn't dated "2019". When we say "we've been through this before", we're not exaggerating. HODL.

New? Scared? submitted by GabeNewell_ to Bitcoin [link] [comments]

Do we have our own Bitcoin-equivalent contrarian with their own ensemble of "Paul Revere" like news videos to release for validation after markets crash again and crypto moons?

Do we have our own Bitcoin-equivalent contrarian with their own ensemble of submitted by cooriah to Bitcoin [link] [comments]

New? Scared? "80% crash. 'Bitcoin is dead' for 2 years. 250% parabolic rally in 1 month. Then, lost 40% in 1 week." < Look again... the chart below isn't dated "2019". When we say "we've been through this before", we're not exaggerating. HODL.

New? Scared? submitted by vegasbooty to Cryptoandme [link] [comments]

New? Scared? "80% crash. 'Bitcoin is dead' for 2 years. 250% parabolic rally in 1 month. Then, lost 40% in 1 week." < Look again... the chart below isn't dated "2019". When we say "we've been through this before", we're not exaggerating. HODL.

New? Scared? "80% crash. 'Bitcoin is dead' for 2 years. 250% parabolic rally in 1 month. Then, lost 40% in 1 week."
submitted by eastendtech to btcnewsfeed [link] [comments]

Auto Post from Bitcoin: New? Scared? "80% crash. 'Bitcoin is dead' for 2 years. 250% parabolic rally in 1 month. Then, lost 40% in 1 week." < Look again... the chart below isn't dated "2019". When we say "we've been through this before", we're not exaggerating. HODL.

Auto Post from Bitcoin: New? Scared? submitted by bunnywinkles to Crypto_Warriors [link] [comments]

Is bitcoin going to crash again or is it going up to a new ath? [February 2018 cryptocurrency update]

Is bitcoin going to crash again or is it going up to a new ath? [February 2018 cryptocurrency update] submitted by CryptoRocko to steemit [link] [comments]

NEO & BEE (The upcoming bitcoin 'bank' in Cyprus) just added Andreas Antonopoulos to their advisory board. This video of his Bitcoin Crash Course has been posted before, but it's worth watching again, especially of you're new to Bitcoin!

NEO & BEE (The upcoming bitcoin 'bank' in Cyprus) just added Andreas Antonopoulos to their advisory board. This video of his Bitcoin Crash Course has been posted before, but it's worth watching again, especially of you're new to Bitcoin! submitted by _jt to Bitcoin [link] [comments]

I want to share my 2017 crypto market experience for anyone who wants to read it, I was one of the greedy guys who knew nothing about trading and still made a potential ton, then lost it all due to, well... Being greedy and knowing nothing about trading.

This does not really bother me much, but I haven't been able to stop thinking about it either, what could have been, I will try to be as brief as posible:

Back in 2011-2016 I was working as a software developer freelancer, back then I lived in Venezuela, and mostly used paypal to charge clients, paypal would constantly limit my account, but I would get it back after submitting documents and a bit of begging, this was the only way I could receive payments from international clients, and basically the single point of failure in the process of delivering my work and getting paid, if paypal permanently banned me I would be completely screwed.

About 2015-2016 my paypal got limited permanently, no reason stated, I thought it was really unfair as I only received payments from business in countries like the US or Canada, no sketchy money entering my account, anyway, when this happened I became incredibly stressed and depressed, all I could think was I wouldn't be able to feed my family anymore, and what would I do if an emergency happened that same day or week or however long it took me to figure out how to receive payments again through another method, all I had was held in my paypal account, so I had nothing to defend myself in the meantime.

Anyway, it took me about a week of constant reading to realize I could convince a few clients to buy crypto for me, I lost about 60% out of my stream of income due to clients ditching me as they didn't want the bother of purchasing crypto just to pay a freelancer they could replace for one that was easier to work with, I used localbitcoins to sell the bitcoins I got for national currency so that I could purchase what I needed, I was not really able to stock up on some bitcoin as an investment as I spent everything I earned due to sustaining my almost the entirety of my immediate family.

Fast forward to 2016 or 2017, and I start to try out purchasing bits of crypto, and trying to time the market to make a little bit more, doing this somehow I managed to convert about $100, into $400-$500 in a matter of a few months.

Then hits late 2017, around august I believe, when everyone was purchasing alts like crazy even if they were scams, most people were blinded by greed, me included, it was at that point that I decided to drop work for a few weeks to see if I could make some good profit out of the state of the market, and so I took those $400 or $500, and started to daily trade with it, making 20% sometimes, 30% or 50%, as well as sometimes losing everything I had done during the day, a few of the trades I remember doing was purchasing LTC, XRP, IOTA, BCH and a few more right before they 2x or 3x in price, I was doing swing trades with the entirety of my portfolio, because I realized I could earn more that way, so if I had 5k total in crypto, I would do the swing trade with the entirety of it, and either lose $1000 or make $1000 if it moved 20% in either direction, my only real strategy was to read up on most recent trading discussions on a few social media, which was no strategy at all, I was just being reckless, I remember I could only sleep 2 hours every night because I was afraid of losing everything while being asleep, I set a bunch of alerts, was stressed, didn't want to talk to relatives nor anyone because I would feel like dying when losing 10% or 20% out of my portfolio when it grew to a certain point.

Anyway, at some point I got up to $20k, or $25k, then decided to put it all in XML because I had read some discussions on it, and realized people seemed to really like it, don't remember exactly what was my entry price, but when XLM almost got up to $0.70 - $1 a few days or weeks later, my portfolio was worth $130k, and it remained that way for a whole 24 hours or so, If I remember correctly My heart was racing, I thought for sure I was going to make it $1m at some point

Then, of course, everything started to crash hard... just a few days later my portfolio was worth $80k, a few days more and I was at $60k, I started to panic like any regular silly greedy guy and tried to profit off some swings only to lose more than I would profit from, months of sleepless nights later, with a lot less hair in my head, I finally decided to take it all out, at which point I had about $12k worth of crypto.

I used that money to get me, my wife and my mom out of the country, I was also lucky to have dual citizenship thanks to my mom having been born in another country, so I could move to a first world developed european country instead of another struggling country in south america, I was able to set up proper bank accounts so that I could find good clients and make it easier for them to pay me my dues and still use crypto for those that were willing, and of course, I took my work back as a freelancer, although by this point my previous clients had found other people to work with.

In the end things turned great, I suppose, I would not have been able to save up those same $12k while working as a freelancer back in Venezuela, not even close, that whole experience got me out of that awful country and way of life, still, I can't stop thinking that if I at least had gotten out at $80k, or even $60k, I would have a down payment on a decent house, were, even 1/3 of the price of it, easily... instead, I blew through it while moving to the new country and paying a year worth of rent plus a couple of work laptops for both me and my wife.

This part of my life will always be a crazy memory to keep, and share with future friends I may make, so I felt like sharing it here as I have been watching the sub for a while, though I just lurk.
submitted by frostykuiper to CryptoCurrency [link] [comments]

The case against lengthening cycles and my strategy moving forward.

If we look over historical data on coinmarketcap:
Bitcoin 2013 ATH occurred approximately December 04, 2013 at around $1,150.00
Bitcoin had an enormous wick down to below $180 on Jan 14, 2015, -85.4% from ATH, around 12.5 months after ATH.
After recovery seemed guaranteed, Bitcoin had another enormous wick down on Aug 24, 2015 to just below $200.00, around 19 months after ATH.
Bitcoin hit a second ATH almost exactly 4 years after the 2013 ATH, on Dec 17, 2017 at around $20,000. (100x from 2015 lows).
The low was hit almost exactly a year later, around $3200.00 on December 15, 2018, 84% down from ATH.
Now, this is where things get strange. I think a lot of whales were trying to frontrun the bull cycle, so they bought up a lot causing bitcoin to spike to 12k, dump, recover, and the second higher low occurred due to the covid black swan, some exchanges wicking as low as $3800 on Mar 12, 2020, about 27 months after ATH. If not for the 2019 front running, I believe this low would have been inevitable and would have occurred around the same time in the cycle as the 2013 cycle. Now that things have calmed down, let's see where we are in the cycle vs where we were in 2013.
On October 12, 2016, BTC was $637.78, 55.5% of the way back to its all time high. It slightly broke its all time high on Jan 4, 2017 before being strongly rejected, then it broke it again a month later before being rejected and finally on April 6th, 2017 it broke $1150 for the last time before the wild 20x to new, historical all time highs.
On october 12, 2020, btc is $11,659.00, exactly 58% of the way back to its all time high. We are at exactly the same distance from ATH as we were in 2016. Aside from outliers such as 2019 front running and covid crash, the cycle is exactly the same and if you were to trace the 2013 cycle on top of the 2017 cycle, we would be at about the same point.
I strongly believe we will be close to 20k at some point around December-January, get rejected for a few months, and then move onto new and historical highs.
I hedl throughout the 2017 bear market as I was introduced to crypto in mid 2017, just before subsequently making and losing more money than ive ever seen in my life. I've been DCAing into alts and BTC for 3 years. If I've learned one thing, its the further you can see into the past, the further you can see into the future. BTC cycles are not lengthening. My plan is to cash out 80% of my holdings, staggered at the peak sometime between November and February of 2021-2022 and then buy back in exactly 1 year later. I will keep 20% in BTC, XMR, ETH only in case of a black swan event such as hyperinflation while keeping my cash (taxes paid) on the sidelines waiting for the inevitable low around 1 year after the next all time high.
I am a believer of the 4 year cycle and there is nowhere near enough money in crypto to prevent it from happening again, at least one more cycle.
Tell me your thoughts in the comments. Who else has this strategy? If we time it right, we could all retire young. I have more money in crypto than ive ever had in my life and I just pretend it doesnt exist. Crypto is the only way I see in this crazy world with fractional reserve banking and money printing on a whim for young people to have the opportunity to get out of a life of wage slaving and enjoy the prosperity our ancestors enjoyed.
Good luck to all!
submitted by Cryptorich13 to CryptoCurrency [link] [comments]

Meet Brock Pierce, the Presidential Candidate With Ties to Pedophiles Who Wants to End Human Trafficking

thedailybeast.com | Sep. 20, 2020.
The “Mighty Ducks” actor is running for president. He clears the air (sort of) to Tarpley Hitt about his ties to Jeffrey Epstein and more.
In the trailer for First Kid, the forgettable 1996 comedy about a Secret Service agent assigned to protect the president’s son, the title character, played by a teenage Brock Pierce, describes himself as “definitely the most powerful kid in the universe.” Now, the former child star is running to be the most powerful man in the world, as an Independent candidate for President of the United States.
Before First Kid, the Minnesota-born actor secured roles in a series of PG-rated comedies, playing a young Emilio Estevez in The Mighty Ducks, before graduating to smaller parts in movies like Problem Child 3: Junior in Love. When his screen time shrunk, Pierce retired from acting for a real executive role: co-founding the video production start-up Digital Entertainment Network (DEN) alongside businessman Marc Collins-Rector. At age 17, Pierce served as its vice president, taking in a base salary of $250,000.
DEN became “the poster child for dot-com excesses,” raising more than $60 million in seed investments and plotting a $75 million IPO. But it turned into a shorthand for something else when, in October of 1999, the three co-founders suddenly resigned. That month, a New Jersey man filed a lawsuit alleging Collins-Rector had molested him for three years beginning when he was 13 years old. The following summer, three teens filed a sexual-abuse lawsuit against Pierce, Collins-Rector, and their third co-founder, Chad Shackley. The plaintiffs later dropped their case against Pierce (he made a payment of $21,600 to one of their lawyers) and Shackley. But after a federal grand jury indicted Collins-Rector on criminal charges in 2000, the DEN founders left the country. When Interpol arrested them in 2002, they said they had confiscated “guns, machetes, and child pornography” from the trio’s beach villa in Spain.
While abroad, Pierce had pivoted to a new venture: Internet Gaming Entertainment, which sold virtual accessories in multiplayer online role-playing games to those desperate to pay, as one Wired reporter put it, “as much as $1,800 for an eight-piece suit of Skyshatter chain mail” rather than earn it in the games themselves. In 2005, a 25-year-old Pierce hired then-Goldman Sachs banker Steve Bannon—just before he would co-found Breitbart News. Two years later, after a World of Warcraft player sued the company for “diminishing” the fun of the game, Steve Bannon replaced Pierce as CEO.
Collins-Rector eventually pleaded guilty to eight charges of child enticement and registered as a sex offender. In the years that followed, Pierce waded into the gonzo economy of cryptocurrencies, where he overlapped more than once with Jeffrey Epstein, and counseled him on crypto. In that world, he founded Tether, a cryptocurrency that bills itself as a “stablecoin,” because its value is allegedly tied to the U.S. dollar, and the blockchain software company Block.one. Like his earlier businesses, Pierce’s crypto projects see-sawed between massive investments and curious deals. When Block.one announced a smart contract software called EOS.IO, the company raised $4 billion almost overnight, setting an all-time record before the product even launched. The Securities and Exchange Commission later fined the company $24 million for violating federal securities law. After John Oliver mocked the ordeal, calling Pierce a “sleepy, creepy cowboy,” Block.one fired him. Tether, meanwhile, is currently under investigation by the New York Attorney General for possible fraud.
On July 4, Pierce announced his candidacy for president. His campaign surrogates include a former Cambridge Analytica director and the singer Akon, who recently doubled down on developing an anonymously funded, $6 billion “Wakanda-like” metropolis in Senegal called Akon City. Pierce claims to be bipartisan, and from the 11 paragraphs on the “Policy” section of his website it can be hard to determine where he falls on the political spectrum. He supports legalizing marijuana and abolishing private prisons, but avoids the phrase “climate change.” He wants to end “human trafficking.” His proposal to end police brutality: body cams.
His political contributions tell a more one-sided story. Pierce’s sole Democratic contribution went to the short-lived congressional run of crypto candidate Brian Forde. The rest went to Republican campaigns like Marco Rubio, Rick Perry, John McCain, and the National Right to Life Political Action Committee. Last year alone, Pierce gave over $44,000 to the Republican National Committee and more than $55,000 to Trump’s re-election fund.
Pierce spoke to The Daily Beast from his tour bus and again over email. Those conversations have been combined and edited for clarity.
You’re announcing your presidential candidacy somewhat late, and historically, third-party candidates haven’t had the best luck with the executive office. If you don’t have a strong path to the White House, what do you want out of the race?
I announced on July 4, which I think is quite an auspicious date for an Independent candidate, hoping to bring independence to this country. There’s a lot of things that I can do. One is: I’m 39 years old. I turn 40 in November. So I’ve got time on my side. Whatever happens in this election cycle, I’m laying the groundwork for the future. The overall mission is to create a third major party—not another third party—a third major party in this country. I think that is what America needs most. George Washington in his closing address warned us about the threat of political parties. John Adams and the other founding fathers—their fear for our future was two political parties becoming dominant. And look at where we are. We were warned.
I believe, having studied systems, any time you have a system of two, what happens is those two things come together, like magnets. They come into collision, or they become polarized and become completely divided. I think we need to rise above partisan politics and find a path forward together. As Albert Einstein is quoted—I’m not sure the line came from him, but he’s quoted in many places—he said that the definition of insanity is making the same mistake or doing the same thing over and over and over again, expecting a different result. [Ed. note: Einstein never said this.] It feels like that’s what our election cycle is like. Half the country feels like they won, half the country feels like they lost, at least if they voted or participated.
Obviously, there’s another late-comer to the presidential race, and that’s Kanye West. He’s received a lot of flak for his candidacy, as he’s openly admitted to trying to siphon votes away from Joe Biden to ensure a Trump victory. Is that something you’re hoping to avoid or is that what you’re going for as well?
Oh no. This is a very serious campaign. Our campaign is very serious. You’ll notice I don’t say anything negative about either of the two major political candidates, because I think that’s one of the problems with our political system, instead of people getting on stage, talking about their visionary ideas, inspiring people, informing and educating, talking about problems, mentioning problems, talking about solutions, constructive criticism. That’s why I refuse to run a negative campaign. I am definitely not a spoiler. I’m into data, right? I’m a technologist. I’ve got digital DNA. So does most of our campaign team. We’ve got our finger on the pulse.
Most of my major Democratic contacts are really happy to see that we’re running in a red state like Wyoming. Kanye West’s home state is Wyoming. He’s not on the ballot in Wyoming I could say, in part, because he didn’t have Akon on his team. But I could also say that he probably didn’t want to be on the ballot in Wyoming because it’s a red state. He doesn’t want to take additional points in a state where he’s only running against Trump. But we’re on the ballot in Wyoming, and since we’re on the ballot in Wyoming I think it’s safe—more than safe, I think it’s evident—that we are not here to run as a spoiler for the benefit of Donald Trump.
In running for president, you’ve opened yourself up to be scrutinized from every angle going back to the beginning of your career. I wanted to ask you about your time at the Digital Entertainment Network. Can you tell me a little bit about how you started there? You became a vice president as a teenager. What were your qualifications and what was your job exactly?
Well, I was the co-founder. A lot of it was my idea. I had an idea that people would use the internet to watch videos, and we create content for the internet. The idea was basically YouTube and Hulu and Netflix. Anyone that was around in the ‘90s and has been around digital media since then, they all credit us as the creators of basically those ideas. I was just getting a message from the creator of The Vandals, the punk rock band, right before you called. He’s like, “Brock, looks like we’re going to get the Guinness Book of World Records for having created the first streaming television show.”
We did a lot of that stuff. We had 30 television shows. We had the top most prestigious institutions in the world as investors. The biggest names. High-net-worth investors like Terry Semel, who’s chairman and CEO of Warner Brothers, and became the CEO of Yahoo. I did all sorts of things. I helped sell $150,000 worth of advertising contracts to the CEOs of Pepsi and everything else. I was the face of the company, meeting all the major banks and everything else, selling the vision of what the future was.
You moved in with Marc Collins-Rector and Chad Shackley at a mansion in Encino. Was that the headquarters of the business?
All start-ups, they normally start out in your home. Because it’s just you. The company was first started out of Marc’s house, and it was probably there for the first two or three months, before the company got an office. That’s, like, how it is for all start-ups.
were later a co-defendant in the L.A. County case filed against Marc Collins-Rector for plying minors with alcohol and drugs, in order to facilitate sexual abuse. You were dropped from the case, but you settled with one of the men for $21,600. Can you explain that?
Okay, well, first of all, that’s not accurate. Two of the plaintiffs in that case asked me if I would be a plaintiff. Because I refused to be a part of the lawsuit, they chose to include me to discredit me, to make their case stronger. They also went and offered 50 percent of what they got to the house management—they went around and offered money to anyone to participate in this. They needed people to corroborate their story. Eventually, because I refused to participate in the lawsuit, they named me. Subsequently, all three of the plaintiffs apologized to me, in front of audiences, in front of many people, saying Brock never did anything. They dismissed their cases.
Remember, this is a civil thing. I’ve never been charged with a crime in my life. And the last plaintiff to have his case dismissed, he contacted his lawyer and said, “Dismiss this case against Brock. Brock never did anything. I just apologized. Dismiss his case.” And the lawyer said, “No. I won’t dismiss this case, I have all these out-of-pocket expenses, I refuse to file the paperwork unless you give me my out-of-pocket expenses.” And so the lawyer, I guess, had $21,000 in bills. So I paid his lawyer $21,000—not him, it was not a settlement. That was a payment to his lawyer for his out-of-pocket expenses. Out-of-pocket expenses so that he would file the paperwork to dismiss the case.
You’ve said the cases were unfounded, and the plaintiffs eventually apologized. But your boss, Marc Collins-Rector later pleaded guilty to eight charges of child enticement and registered as a sex offender. Were you aware of his behavior? How do you square the fact that later allegations proved to be true, but these ones were not?
Well, remember: I was 16 and 17 years old at the time? So, no. I don’t think Marc is the man they made him out to be. But Marc is not a person I would associate with today, and someone I haven’t associated with in a very long time. I was 16 and 17. I chose the wrong business partner. You live and you learn.
You’ve pointed out that you were underage when most of these allegations were said to take place. Did you ever feel like you were coerced or in over your head while working at DEN?
I mean, I was working 18 hours a day, doing things I’d never done before. It was business school. But I definitely learned a lot in building that company. We raised $88 million. We filed our [form] S-1 to go public. We were the hottest start-up in Los Angeles.
In 2000, you left the country with Marc Collins-Rector. Why did you leave? How did you spend those two years abroad?
I moved to Spain in 1999 for personal reasons. I spent those two years in Europe working on developing my businesses.
Interpol found you in 2002. The house where you were staying reportedly contained guns, machetes, and child pornography. Whose guns and child porn were those? Were you aware they were in the house, and how did those get there?
My lawyers have addressed this in 32 pages of documentation showing a complete absence of wrongdoing. Please refer to my webpage for more information.
[Ed. Note: The webpage does not mention guns, machetes, or child pornography. It does state:“It is true that when the local police arrested Collins-Rector in Spain in 2002 on an international warrant, Mr. Pierce was also taken into custody, but so was everyone at Collins-Rector’s house in Spain; and it is equally clear that Brock was promptly released, and no charges of any kind were ever filed against Brock concerning this matter.”]
What do you make of the allegations against Bryan Singer? [Ed. Note: Bryan Singer, a close friend of Collins-Rector, invested at least $50,000 in DEN. In an Atlantic article outlining Singer’s history of alleged sexual assault and statutory rape, one source claimed that at age 15, Collins-Rector abused him and introduced him to Singer, who then assaulted him in the DEN headquarters.]
I am aware of them and I support of all victims of sexual assault. I will let America’s justice system decide on Singer’s outcome.
In 2011, you spoke at the Mindshift conference supported by Jeffrey Epstein. At that point, he had already been convicted of soliciting prostitution from a minor. Why did you agree to speak?
I had never heard of Jeffrey Epstein. His name was not on the website. I was asked to speak at a conference alongside Nobel Prize winners. It was not a cryptocurrency conference, it was filled with Nobel Prize winners. I was asked to speak alongside Nobel Prize winners on the future of money. I speak at conferences historically, two to three times a week. I was like, “Nobel Prize winners? Sounds great. I’ll happily talk about the future of money with them.” I had no idea who Jeffrey Epstein was. His name was not listed anywhere on the website. Had I known what I know now? I clearly would have never spoken there. But I spoke at a conference that he cosponsored.
What’s your connection to the Clinton Global Initiative? Did you hear about it through Jeffrey Epstein?
I joined the Clinton Global Initiative as a philanthropist in 2006 and was a member for one year. My involvement with the Initiative had no connection to Jeffrey Epstein whatsoever.
You’ve launched your campaign in Minnesota, where George Floyd was killed by a police officer. How do you feel about the civil uprising against police brutality?
I’m from Minnesota. Born and raised. We just had a press conference there, announcing that we’re on the ballot. Former U.S. Senator Dean Barkley was there. So that tells you, when former U.S. Senators are endorsing the candidate, right?
[Ed. note: Barkley was never elected to the United States Senate. In November of 2002, he was appointed by then Minnesota Governor Jesse Venture to fill the seat after Sen. Paul Wellstone died in a plane crash. Barkley’s term ended on Jan. 3, 2003—two months later.]
Yes, George Floyd was murdered in Minneapolis. My vice-presidential running mate Karla Ballard and I, on our last trip to Minnesota together, went to visit the George Floyd Memorial. I believe in law and order. I believe that law and order is foundational to any functioning society. But there is no doubt in my mind that we need reform. These types of events—this is not an isolated incident. This has happened many times before. It’s time for change. We have a lot of detail around policy on this issue that we will be publishing next week. Not just high-level what we think, not just a summary, but detailed policy.
You said that you support “law and order.” What does that mean?
“Law and order” means creating a fair and just legal system where our number one priority is protecting the inalienable rights of “Life, Liberty and the pursuit of Happiness” for all people. This means reforming how our police intervene in emergency situations, abolishing private prisons that incentivize mass incarceration, and creating new educational and economic opportunities for our most vulnerable communities. I am dedicated to preventing crime by eliminating the socioeconomic conditions that encourage it.
I support accountability and transparency in government and law enforcement. Some of the key policies I support are requiring body-cams on all law enforcement officers who engage with the public, curtailing the 1033 program that provides local law enforcement agencies with access to military equipment, and abolishing private prisons. Rather than simply defund the police, my administration will take a holistic approach to heal and unite America by ending mass incarceration, police brutality, and racial injustice.
Did you attend any Black Lives Matter protests?
I support all movements aimed at ending racial injustice and inequality. I​ have not attended any Black Lives Matter protests.​ My running-mate, Karla Ballard, attended the March on Washington in support of racial justice and equality.
Your platform doesn’t mention the words “climate change.” Is there a reason for that?
I’m not sure what you mean. Our policy platform specifically references human-caused climate change and we have a plan to restabilize the climate, address environmental degradation, and ensure environmental sustainability.
[Ed. Note: As of writing the Pierce campaign’s policy platform does not specifically reference human-caused climate change.]
You’ve recently brought on Akon as a campaign surrogate. How did that happen? Tell me about that.
Akon and I have been friends for quite some time. I was one of the guys that taught him about Bitcoin. I helped make some videogames for him, I think in 2012. We were talking about Bitcoin, teaching him the ropes, back in 2013. And in 2014, we were both speaking at the Milken Global Conference, and I encouraged him to talk about how Bitcoin, Africa, changed the world. He became the biggest celebrity in the world, talking about Bitcoin at the time. I’m an adviser to his Akoin project, very interested in the work that he’s doing to build a city in Africa.
I think we need a government that’s of, for, and by the people. Akon has huge political aspirations. He obviously was a hugely successful artist. But he also discovered artists like Lady Gaga. So not only is he, himself, a great artist, but he’s also a great identifier and builder of other artists. And he’s been a great businessman, philanthropist. He’s pushing the limits of what can be done. We’re like-minded individuals in that regard. I think he’ll be running for political office one day, because he sees what I see: that we need real change, and we need a government that is of, for, and by the people.
You mentioned that you’re an adviser on Akoin. Do you have any financial investments in Akoin or Akon City?
I don’t believe so. I’d have to check. I have so much stuff. But I don’t believe that I have any economic interests in his stuff. I’d have to verify that. We’ll get back to you. I don’t believe that I have any economic interests. My interest is in helping him. He’s a visionary with big ideas that wants to help things in the world. If I can be of assistance in helping him make the world a better place, I’m all for it. I’m not motivated by money. I’m not running for office because I’m motivated by power. I’m running for office because I’m deeply, deeply concerned about our collective future.
You’ve said you’re running on a pro-technology platform. One week into your campaign last month, a New York appeals court approved the state Attorney General’s attempt to investigate the stablecoin Tether for potentially fraudulent activity. Do you think this will impact your ability to sell people on your tech entrepreneurship?
No, I think my role in Tether is as awesome as it gets. It was my idea. I put it together. But I’ve had no involvement in the company since 2015. I gave all of my equity to the other shareholders. I’ve had zero involvement in the company for almost six years. It was just my idea. I put the initial team together. But I think Tether is one of the most important innovations in the world, certainly. The idea is, I digitized the U.S. dollar. I used technology to digitize currency—existing currency. The U.S. dollar in particular. It’s doing $10 trillion a year. Ten trillion dollars a year of transactional volume. It’s probably the most important innovation in currency since the advent of fiat money. The people that took on the business and ran the business in years to come, they’ve done things I’m not proud of. I’m not sure they’ve done anything criminal. But they certainly did things differently than I would do. But it’s like, you have kids, they turn 18, they go out into the world, and sometimes you’re proud of the things they do, and sometimes you shake your head and go, “Ugh, why did you do that?” I have zero concerns as it relates to me personally. I wish they made better decisions.
What do you think the investigation will find?
I have no idea. The problem that was raised is that there was a $5 million loan between two entities and whether or not they had the right to do that, did they disclose it correctly. There’s been no accusations of, like, embezzlement or anything that bad.
[Ed. Note: The Attorney General’s press release on the investigation reads: “Our investigation has determined that the operators of the ‘Bitfinex’ trading platform, who also control the ‘tether’ virtual currency, have engaged in a cover-up to hide the apparent loss of $850 million dollars of co-mingled client and corporate funds.”]
But there’s been some disclosure things, that is the issue. No one is making any outrageous claims that these are people that have done a bunch of bad—well, on the internet, the media has said that the people behind the business may have been manipulating the price of Bitcoin, but I don’t think that has anything to do with the New York investigation. Again, I’m so not involved, and so not at risk, that I’m not even up to speed on the details.
[Ed note: A representative of the New York State Attorney General told Forbes that he “cannot confirm or deny that the investigation” includes Pierce.]
We’ve recently witnessed the rise of QAnon, the conspiracy theory that Hollywood is an evil cabal of Satanic pedophiles and Trump is the person waging war on them. You mentioned human trafficking, which has become a cause for them. What are your thoughts on that?
I’ve watched some of the content. I think it’s an interesting phenomenon. I’m an internet person, so Anonymous is obviously an organization that has been doing interesting stuff. It’s interesting. I don’t have a big—conspiracy theory stuff is—I guess I have a question for you: What do you think of all of it, since you’re the expert?
You know, I think it’s not true, but I’m not running for president. I do wonder what this politician [Georgia congressional candidate Marjorie Taylor Greene], who’s just won her primary, is going to do on day one, once she finds out there’s no satanic cabal room.
Wait, someone was running for office and won on a QAnon platform, saying that Hollywood did—say what? You’re the expert here.
She won a primary. But I want to push on if we only have a few minutes. In 2006, your gaming company IGE brought on Steve Bannon as an investor. Goldman later bought out most of your stock. Bannon eventually replaced you as CEO of Affinity. You’ve described him as your “right-hand man for, like, seven years.” How well did you know Bannon during that time?
Yes, so this is in my mid-twenties. He wasn’t an investor. He worked for me. He was my banker. He worked for me for three years as my yield guide. And then he was my CEO running the company for another four years. So I haven’t worked with Steve for a decade or so. We worked in videogame stuff and banking. He was at Goldman Sachs. He was not in the political area at the time. But he was a pretty successful banker. He set up Goldman Sachs Los Angeles. So for me, I’d say he did a pretty good job.
During your business relationship, Steve Bannon founded Breitbart News, which has pretty consistently published racist material. How do you feel about Breitbart?
I had no involvement with Breitbart News. As for how I feel about such material, I’m not pleased by any form of hate-mongering. I strongly support the equality of all Americans.
Did you have qualms about Bannon’s role in the 2016 election?
Bannon’s role in the Trump campaign got me to pay closer attention to what he was doing but that’s about it. Whenever you find out that one of your former employees has taken on a role like that, you pay attention.
Bannon served on the board of Cambridge Analytica. A staffer on your campaign, Brittany Kaiser, also served as a business director for them. What are your thoughts on their use of illicitly-obtained Facebook data for campaign promotional material?
Yes, so this will be the last question I can answer because I’ve got to be off for this 5:00 pm. But Brittany Kaiser is a friend of mine. She was the whistleblower of Cambridge Analytica. She came to me and said, “What do I do?” And I said, “Tell the truth. The truth will set you free.”
[Ed. Note: Investigations in Cambridge Analytica took place as early as Nov. 2017, when a U.K. reporter at Channel 4 News recorded their CEO boasting about using “beautiful Ukranian girls” and offers of bribes to discredit political officials. The first whistleblower was Christopher Wylie, who disclosed a cache of documents to The Guardian, published on Mar. 17, 2018. Kaiser’s confession ran five days later, after the scandal made national news. Her association with Cambridge Analytica is not mentioned anywhere on Pierce’s campaign website.]
So I’m glad that people—I’m a supporter of whistleblowers, people that see injustice in the world and something not right happening, and who put themselves in harm’s way to stand up for what they believe in. So I stand up for Brittany Kaiser.
Who do you think [anonymous inventor of Bitcoin] Satoshi Nakamoto is?
We all are Satoshi Nakamoto.
You got married at Burning Man. Have you been attending virtual Burning Man?
I’m running a presidential campaign. So, while I was there in spirit, unfortunately my schedule did not permit me to attend.
OP note: please refer to the original article for reference links within text (as I've not added them here!)
submitted by Leather_Term to Epstein [link] [comments]

DDDD - The Rise of “Buy the Dip” Retail Investors and Why Another Crash Is Imminent

DDDD - The Rise of “Buy the Dip” Retail Investors and Why Another Crash Is Imminent
In this week's edition of DDDD (Data-driven DD), I'll be going over the real reason why we have been seeing a rally for the past few weeks, defying all logic and fundamentals - retail investors. We'll look into several data sets to see how retail interest in stock markets have reached record levels in the past few weeks, how this affected stock prices, and why we've most likely seen the top at this point, unless we see one of the "positive catalysts" that I mentioned in my previous post, which is unlikely (except for more news about Remdesivir).
Disclaimer - This is not financial advice, and a lot of the content below is my personal opinion. In fact, the numbers, facts, or explanations presented below could be wrong and be made up. Don't buy random options because some person on the internet says so; look at what happened to all the SPY 220p 4/17 bag holders. Do your own research and come to your own conclusions on what you should do with your own money, and how levered you want to be based on your personal risk tolerance.
Inspiration
Most people who know me personally know that I spend an unhealthy amount of my free time in finance and trading as a hobby, even competing in paper options trading competitions when I was in high school. A few weeks ago, I had a friend ask if he could call me because he just installed Robinhood and wanted to buy SPY puts after seeing everyone on wallstreetbets post gains posts from all the tendies they’ve made from their SPY puts. The problem was, he actually didn’t understand how options worked at all, and needed a thorough explanation about how options are priced, what strike prices and expiration dates mean, and what the right strategy to buying options are. That’s how I knew we were at the euphoria stage of buying SPY puts - it’s when dumb money starts to pour in, and people start buying securities because they see everyone else making money and they want in, even if they have no idea what they’re buying, and price becomes dislocated from fundementals. Sure enough, less than a week later, we started the bull rally that we are currently in. Bubbles are formed when people buy something not because of logic or even gut feeling, but when people who previously weren’t involved see their dumb neighbors make tons of money from it, and they don’t want to miss out.
A few days ago, I started getting questions from other friends about what stocks they should buy and if I thought something was a good investment. That inspired me to dig a bit deeper to see how many other people are thinking the same thing.
Data
Ever since March, we’ve seen an unprecedented amount of money pour into the stock market from retail investors.
Google Search Trends
\"what stock should I buy\" Google Trends 2004 - 2020
\"what stock should I buy\" Google Trends 12 months
\"stocks\" Google Trends 2004 - 2020
\"stocks\" Google Trends 12 months
Brokerage data
Robinhood SPY holders
\"Robinhood\" Google Trends 12 months
wallstreetbets' favorite broker Google Trends 12 months
Excerpt from E*Trade earnings statement
Excerpt from Schwab earnings statement
TD Ameritrade Excerpt
Media
cnbc.com Alexa rank
CNBC viewership & rankings
wallstreetbets comments / day

investing comments / day
Analysis
What we can see from Reddit numbers, Google Trends, and CNBC stats is that in between the first week of March and first week of April, we see a massive inflow of retail interest in the stock market. Not only that, but this inflow of interest is coming from all age cohorts, from internet-using Zoomers to TV-watching Boomers. Robinhood SPY holdings and earnings reports from E*Trade, TD Ameritrade, and Schwab have also all confirmed record numbers of new clients, number of trades, and assets. There’s something interesting going on if you look closer at the numbers. The numbers growth in brokers for designed for “less sophisticated” investors (i.e. Robinhood and E*Trade) are much larger than for real brokers (i.e. Schwab and Ameritrade). This implies that the record number of new users and trade volume is coming from dumb money. The numbers shown here only really apply to the US and Canada, but there’s also data to suggest that there’s also record numbers of foreign investors pouring money into the US stock market as well.
However, after the third week of March, we see the interest start to slowly decline and plateau, indicating that we probably have seen most of those new investors who wanted to have a long position in the market do so.
SPX daily
Rationale
Pretty much everything past this point is purely speculation, and isn’t really backed up by any solid data so take whatever I say here with a cup of salt. We could see from the graph that new investor interest started with the first bull trap we saw in the initial decline from early March, and peaking right after the end of the crash in March. So it would be fair to guess that we’re seeing a record amount of interest in the stock market from a “buy the dip” mentality, especially from Robinhood-using Millennials. Here’s a few points on my rationalization of this behavior, based on very weak anecdotal evidence
  • They missed out of their chance of getting in the stock market at the start of the bull market that happened at the end of 2009
  • They’ve all seen the stock market make record gains throughout their adult lives, but believing that the market might be overheated, they were waiting for a crash
  • Most of them have gotten towards the stage of their lives where they actually have some savings and can finally put some money aside for investments
  • This stock market crash seems like their once-in-a-decade opportunity that they’ve been waiting for, so everyone jumped in
  • Everyone’s stuck at their homes with vast amounts of unexpected free time on their hands
Most of these new investors got their first taste in the market near the bottom, and probably made some nice returns. Of course, since they didn’t know what they were doing, they probably put a very small amount of money at first, but after seeing a 10% return over one week, validating that maybe they do know something, they decide to slowly pour in more and more of their life savings. That’s what’s been fueling this bull market.
Sentiment & Magic Crayons
As I mentioned previously, this bull rally will keep going until enough bears convert to bulls. Markets go up when the amount of new bullish positions outnumber the amount of new bearish positions, and vice versa. Record amounts of new investors, who previously never held a position in the market before, fueled the bullish side of this equation, despite all the negative data that has come out and dislocating the price from fundamentals. All the smart money that was shorting the markets saw this happening, and flipped to become bulls because you don’t fight the trend, even if the trend doesn’t reflect reality.
From the data shown above, we can see new investor interest growth has started declining since mid March and started stagnating in early April. The declining volume in SPY since mid-March confirms this. That means, once the sentiment of the new retail investors starts to turn bearish, and everyone figures out how much the stocks they’re holding are really worth, another sell-off will begin. I’ve seen something very similar to this a few years ago with Bitcoin. Near the end of 2017, Bitcoin started to become mainstream and saw a flood of retail investors suddenly signing up for Coinbase (i.e. Robinhood) accounts and buying Bitcoin without actually understanding what it is and how it works. Suddenly everyone, from co-workers to grandparents, starts talking about Bitcoin and might have thrown a few thousand dollars into it. This appears to be a very similar parallel to what’s going on right now. Of course there’s differences here in that equities have an intrinsic value, although many of them have gone way above what they should be intrinsically worth, and the vast majority of retail investors don’t understand how to value companies. Then, during December, when people started thinking that the market was getting a bit overheated, some started taking their profits, and that’s when the prices crashed violently. This flip in sentiment now look like it has started with equities.
SPY daily
Technical Analysis, or magic crayons, is a discipline in finance that uses statistical analysis to predict market trends based on market sentiment. Of course, a lot of this is hand-wavy and is very subjective; two people doing TA on the same price history can end up getting opposite results, so TA should always be taken with a grain of salt and ideally be backed with underlying justification and not be blindly followed. In fact, I’ve since corrected the ascending wedge I had on SPY since my last post since this new wedge is a better fit for the new trading data.
There’s a few things going on in this chart. The entire bull rally we’ve had since the lows can be modelled using a rising wedge. This is a pattern where there is a convergence of a rising support and resistance trendline, along with falling volume. This indicates a slow decline in net bullish sentiment with investors, with smaller and smaller upside after each bounce off the support until it hits a resistance. The smaller the bounces, the less bullish investors are. When the bearish sentiment takes over across investors, the price breaks below this wedge - a breakdown, and indicates a start of another downtrend.
This happened when the wedge hit resistance at around 293, which is around the same price as the 200 day moving average, the 62% retracement (considered to be the upper bound of a bull trap), and a price level that acted as a support and resistance throughout 2019. The fact that it gapped down to break this wedge is also a strong signal, indicating a sudden swing in investor sentiment overnight. The volume of the break down also broke the downwards trend of volume we’ve had since the beginning of the bull rally, indicating a sudden surge of people selling their shares. This doesn’t necessarily mean that we will go straight from here, and I personally think that we will see the completion of a heads-and-shoulders pattern complete before SPY goes below 274, which in itself is a strong support level. In other words, SPY might go from 282 -> 274 -> 284 -> 274 before breaking the 274 support level.
VIX Daily
Doing TA is already sketchy, and doing TA on something like VIX is even more sketchy, but I found this interesting so I’ll mention it. Since the start of the bull rally, we’ve had VIX inside a descending channel. With the breakdown we had in SPY yesterday, VIX has also gapped up to have a breakout from this channel, indicating that we may see future volatility in the next week or so.
Putting Everything Together
Finally, we get to my thesis. This entire bull rally has been fueled by new retail investors buying the dip, bringing the stock price to euphoric levels. Over the past few weeks, we’ve been seeing the people waiting at the sidelines for years to get into the stock market slowly FOMO into the rally in smaller and smaller volumes, while the smart money have been locking in their profits at an even slower rate - hence an ascending wedge. As the amount of new retail interest in the stock market started slowed down, the amount of new bulls started to decline. It looks like Friday might have been the start of the bearish sentiment taking over, meaning it’s likely that 293 was the top, unless any significant bullish events happen in the next two weeks like a fourth round of stimulus, in which case we might see 300. This doesn’t mean we’ll instantly go back to circuit breakers on Monday, and we might see 282 -> 274 -> 284 -> 274 happen before panic, this time by the first-time investors, eventually bringing us down towards SPY 180.
tldr; we've reached the top
EDIT - I'll keep a my live thoughts here as we move throughout this week in case anyone's still reading this and interested.
5/4 8PM - /ES was red last night but steadily climbed, which was expected since 1h RSI was borderline oversold, leaving us to a slightly green day. /ES looks like it has momentum going up, but is approaching towards overbought territory now. Expecting it to go towards 284 (possibly where we'll open tomorrow) and bouncing back down from that price level
5/5 Market Open - Well there goes my price target. I guess at this point it might go up to 293 again, but will need a lot of momentum to push back there to 300. Seems like this is being driven by oil prices skyrocketing.
5/5 3:50PM - Volume for the upwards price action had very little volume behind it. Seeing a selloff EOD today, could go either way although I have a bearish bias. Going to hold cash until it goes towards one end of the 274-293 channel (see last week's thesis). Still believe that we will see it drop below 274 next week, but we might be moving sideways in the channel this week and a bit of next week before that happens. Plan for tomorrow is buy short dated puts if open < 285. Otherwise, wait till it goes to 293 before buying those puts
5/5 6PM - What we saw today could be a false breakout above 284. Need tomorrow to open below 285 for that to be confirmed. If so, my original thesis of it going back down to 274 before bouncing back up will still be in play.
5/6 EOD - Wasn't a false breakout. Looks like it's still forming the head-and-shoulders pattern mentioned before, but 288 instead of 284 as the level. Still not sure yet so I'm personally going to be holding cash and waiting this out for the next few days. Will enter into short positions if we either go near 293 again or drop below 270. Might look into VIX calls if VIX goes down near 30.
5/7 Market Open - Still waiting. If we break 289 we're probably heading to 293. I'll make my entry to short positions when we hit that a second time. There's very little bullish momentum left (see MACD 1D), so if we hit 293 and then drop back down, we'll have a MACD crossover event which many traders and algos use as a sell signal. Oil is doing some weird shit.
5/7 Noon - Looks like we're headed to 293. Picked up VIX 32.5c 5/27 since VIX is near 30.
5/7 11PM - /ES is hovering right above 2910, with 4h and 1h charts are bullish from MACD and 1h is almost overbought in RSI. Unless something dramatic happens we'll probably hit near 293 tomorrow, which is where I'll get some SPY puts. We might drop down before ever touching it, or go all the way to 295 (like last time) during the day, but expecting it to close at or below 293. After that I'm expecting a gap down Monday as we start the final leg down next week towards 274. Expecting 1D MACD to crossover in the final leg down, which will be a signal for bears to take over and institutions / day traders will start selling again
5/8 Market Open - Plan is to wait till a good entry today, either when technicals looks good or we hit 293, and then buy some SPY June 285p and July 275p
5/8 Noon - Everything still going according to plan. Most likely going to slowly inch towards 293 by EOD. Will probably pick up SPY puts and more VIX calls at power hour (3 - 4PM). Monday will probably gap down, although there's a small chance of one more green / sideways day before that happens if we have bullish catalysts on the weekend.
5/8 3:55PM - SPY at 292.60. This is probably going to be the closest we get to 293. Bought SPY 290-260 6/19 debit spreads and 292-272 5/15 debit spreads, as well as doubling down on VIX calls from yesterday, decreasing my cost basis. Still looks like there's room for one more green day on Monday, so I left some money on the side to double down if that's the case, although it's more likely than not we won't get there.
5/8 EOD - Looks like we barely touched 293 exactly AH before rebounding down. Too bad you can't buy options AH, but more convinced we'll see a gap down on Monday. Going to work on another post over the weekend and do my updates there. Have a great weekend everyone!
submitted by ASoftEngStudent to wallstreetbets [link] [comments]

Why Should We Fear a Cashless World?

The Guardian, 21 March, 2016 http://www.theguardian.com/money/commentisfree/2016/ma21/fear-cashless-world-contactless?CMP=fb_gu

The health food chain "Tossed" has just opened the UK's first cashless cafe. It's another step towards the death of cash.
This is nothing new. Money is tech. The casting of coins made shells, whales' teeth and other such primitive forms of money redundant. The printing press did the same for precious metals: we started using paper notes instead. Electronic banking put paid to the cheque. Contactless payment is now doing the same to cash, which is becoming less and less convenient. In the marketplace convenience usually wins. That's fine as long as people are making this choice freely. What concerns me is the unofficial war on cash that is going on, from the suspicion with which you are treated if you ever use large sums of cash to the campaign in Europe to decommission the 500-Euro note. I'm not sure the consequences have been properly considered.
We already live in a world that is, as far as the distribution of wealth is concerned, about as unequal as it gets. It may even be as unequal as it's ever been. My worry is that a cashless society may exacerbate inequality even further. It will hand yet more power to the financial sector in that banks and related fintech companies will oversee all transactions. The crash of 2008 showed that, when push comes to shove, banks have already been exempted from the very effective regulation that is bankruptcy -- one by which the rest of us must all operate. Do we want this sector to have yet more power and influence? In a world without cash, every payment you make will be traceable. Do you want governments (which are not always benevolent), banks or payment processors to have potential access to that information? The power this would hand them is enormous and the potential scope for Orwellian levels of surveillance is terrifying.
Cash, on the other hand, empowers its users. It enables them to buy and sell, and store their wealth, without being dependent on anyone else. They can stay outside the financial system, if so desired. There are many reasons, both moral and practical, to want this. In 2008 many rushed to take their money out of the banks. If the financial system really was as close to breaking point as we are told it was, then such actions are quite justified. When Cyprus's banks teetered on the cliff of financial disaster in 2011, we saw bail-ins. Ordinary people's money in deposit accounts was sequestered to bail out the system. If your life savings were threatened with confiscation to bail out a corporation you considered profligate, I imagine you too would rush to withdraw them.
We have seen similar panics in Greece and, to a lesser extent, across southern Europe. Mervyn King, the former governor of the Bank of England, recently declared that banking was not fixed and that we would see financial panic again. In Japan, the central bank has imposed negative rates and you are charged by banks to store money. This is to try and goad people into spending, rather than saving. So much cash has been withdrawn from banks that there are now reports that the country has sold out of safes.
These are all quite legitimate reasons to want to exit the system. I'm not saying we should all take our money out of the bank, but that we should all have the option to. Cash gives you that option. Why remove it? It's our money. Not the banks'. The telephone teaches us a useful lesson. At its peak in 2008, there were 1.3bn landlines for a global population close to 7 billion. Today more than 6 billion people have a mobile phone -- more than have access to a toilet, according to a UN study. Many assume that the mobile succeeded where the landline failed, because the superior technology made widespread coverage more possible. There is something to that. But the main reason, simply, is that, to get a landline, you need a bank account and credit. About half of the world's population is 'unbanked', without access to the basic financial services you need. Telecom companies saw no potential custom, the infrastructure was never built and many were left with fewer possibilities to communicate. But a mobile phone and its airtime you can buy with cash. You don't need to be banked. Almost anyone can get a mobile -- and they have. The financial system was actually a barrier to progress for the world's poor, while cash was a facilitator for them.
Six billion people around the world will have a smartphone by 2020. They will have pretty much everything they need to participate in e-commerce -- internet access, basically -- except the financial inclusion. Which is why there will be a huge role to play in the future for new forms of digital cash -- from Kenya's M-Pesa to bitcoin -- money you can use even if you are not financially included.
Cash has its uses for small transactions -- a chocolate bar, a newspaper, a pint of milk -- which, in the UK, are still uneconomic to process by other means. It will always be the fastest and most direct form of payment there is. I like to tip waiters, for example, in cash, knowing they will receive that money, without it being siphoned off by some unscrupulous employer. I also like to shop in markets, where I can buy directly from the producer knowing they will receive the money, without middle men shaving off their percentages. It also has its uses for private transactions, for which there are many possible reasons, and by no means all of them illegal. Small businesses starting out need the cash economy. Poor people need the cash economy. The war on cash is a war on them.
If you listen to the scaremongering, you'd start to think that all cash users are either criminals, tax evaders or terrorists. Sure, some use cash to evade tax, but it's paltry compared to the tax avoidance schemes Google and Facebook have employed. Google doesn't use cash to avoid tax. It's all done via legislative means. Cash means total financial inclusion, a luxury the better-off take for granted. Without financial inclusion -- and there will always be some who, for whatever reason, won't have it -- you are trapped in poverty. So beware the war on cash.
submitted by ThetruthWithin37 to conspiracy [link] [comments]

Biblical End Time Events: The Truth Unfolded (A Super Conspiracy) Part 1

Biblical End Time Events: The Truth Unfolded (A Super Conspiracy) Part 1
I run a web company. On our homepage we offer free quotes. On August 11, 2020, I received the following "free quote request":

Free Quote Request: This Google doc exposes how this scamdemic is part of a bigger plan to crush your business and keep it closed or semi-operational (with heavy rescritions) while big corporations remain open without consequences. This Covid lie has ruined many peoples lives and businesses and is all done on purpose to bring about the One World Order. It goes much deeper than this but the purpose of this doc is to expose the evil and wickedness that works in the background to ruin peoples lives. So feel free to share this message with friends and family. No need to reply to the email i provided above as its not registered. But this information will tell you everything you need to know. https://docs.google.com/document/d/1HOZcA9jQlS2ngj4cspGv-F4Bu-E84Rj2Vr-u__Nuw5w/edit

The following is the contents of the google doc broken up into 3 parts due to its massive length.
Part 1 Part 2 Part 3
This is part 1/3:

Here is a quick synopsis of Bill Gates Vaccine/Microchip and the Mark of the Beast as mentioned in the bible

PROOF~THE NEW WORLD ORDER IS RISING. ACCEPT JESUS CHRIST TODAY!
https://www.youtube.com/watch?v=BGHzSUEgx_E&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
A Military-Funded Biosensor Could Be the Future of Pandemic Detection
https://www.defenseone.com/technology/2020/03/military-funded-biosensor-could-be-future-pandemic-detection/163497/
The final days. What REALLY happens when you take the Microchip? 2/12/2019
https://www.youtube.com/watch?v=39B4OPukuAQ&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
The Master Plan
https://www.youtube.com/watch?v=1oaJpKkFTlI&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
ALERT! Pandemic is Planned! Bill Gates ID2020 Exposed!
https://www.youtube.com/watch?v=-aR7cz30chE&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
This will give you the Total Understanding you need in this Hour!
https://www.youtube.com/watch?v=F_UhcFqyKco&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
Microsoft submits a patent for the microchip. This is a legit patent site and a legit patent. You can't make this stuff up.
WO2020060606 = World Order 2020 666
Publication Number WO/2020/060606
Publication Date 26.03.2020
Applicants MICROSOFT TECHNOLOGY LICENSING, LLC [US/US]; One Microsoft Way Redmond, Washington 98052-6399, US
Microsoft patents cryptocurrency system using body data
https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606&tab=PCTBIBLIO
The connection between the vaccine, the microchip, and how they link to The Mark of the Beast
Although you see information in regards to Bill Gates's vaccine as well as the microchip patent submitted by Microsoft recently, a conclusive parallel we can draw from both of these things is the microchip could very well be within the vaccine itself (within the syringe needle that is) as a single event or the vaccine and microchip will be administered in 2 different events (which i highly doubt given with what is currently going on).
Either way, I ask those reading this document, to never take the vaccine/microchip whether these are administered at the same time or not, as they represent the Mark of the Beast.
Essentially, the evil powers that be will push for a cashless society using this plandemic (eventually saying it's not safe to handle cash), and in doing so, if people want to continue to buy and sell, then they must take the vaccine/microchip to signify they are deemed "safe" enough to return back into society. Basically the microchip will act as your new digital wallet in which it will be used to buy and sell things. But before this happens the evil powers that be will purposely crash all currencies (to make them worthless; look at the biblical verse Ezekiel 7:19 below) so they can usher in their version of bitcoin type of cryptocurrency in conjunction with the microchip.
Ezekiel 7:19 King James Version (KJV)
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the Lord: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
During this time many people will be fooled into taking the Mark of the Beast because they will have trusted their governments, false teachers/prophets, and mainstream media without carefully reading what the bible has to say about the Mark of the Beast.
Despite all this info, one thing is for sure, if you cannot buy or sell, or continue life normally as you used to unless you take the vaccine/microchip, then you will know this is the Mark of the Beast as mentioned in the Bible.

Revelation 13:16-18 King James Version (KJV)

16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

https://preview.redd.it/6e6k1zcd50h51.png?width=935&format=png&auto=webp&s=4d58f1ed953c0fe312c6c54ba33d17b1a35f54d5

https://preview.redd.it/dd3uo8df50h51.png?width=899&format=png&auto=webp&s=4b09e65929de4059d0e4789d53d3dea1da83d026

LUCIFERASE - BILL GATES QUANTUM DOT MICRONEEDLE VACCINE TO ALTER YOUR DNA

https://www.bitchute.com/video/XSvEKJKAUiBD/
Luciferase Quantum Dot COVID-19 Vaccinations - The Bill and Melinda Gates Satanic Agenda (Video)
https://www.thelightinthedarkplace.com/2020/05/luciferase-quantum-dot-covid-19-vaccinations.html
An Invisible Quantum Dot 'Tattoo' Could Be Used to ID Vaccinated Kids
https://www.sciencealert.com/an-invisible-quantum-dot-tattoo-is-being-suggested-to-id-vaccinated-kids
It's a Beautiful day in BILL'S neighborhoodhttps://youtu.be/DoLOtwUcHgg?t=1175
The Bible is very clear: If you take the Mark of The Beast, you will be cast into the Lake of Fire!!!
Revelation 14:9-11 King James Version (KJV)
9 And the third angel followed them, saying with a loud voice, If any man worship the beast and his image, and receive his mark in his forehead, or in his hand,
10 The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the Lamb:
11 And the smoke of their torment ascendeth up for ever and ever: and they have no rest day nor night, who worship the beast and his image, and whosoever receiveth the mark of his name.
To help you understand the cashless society/microchip narrative, here is some evidence in regards to that:
1. THE C-19 WILL LEAD TO THE MARK OF THE BEAST....
https://www.youtube.com/watch?v=b9VbNx--MP4&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
2. One ID To Rule Them All - Preparing The Way For The RFID Chip
https://www.youtube.com/watch?v=7p8Si-rCLOo&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
3. RFID Chip is Mark of the Beast - (Testimony of Carl Saunders the RFID Chip Inventor)**Must Watch*\*
https://www.youtube.com/watch?v=j7y3S539tt4&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
4. First Time Ever: 700 Employees Face the Microchip Implant at Work
https://www.youtube.com/watch?v=2ot4qqSmLxI&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
5. Why human microchipping is so popular in Sweden | ITV News
https://www.youtube.com/watch?v=qWVQR99bXt8&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
6. Two Prophetic Dreams / God Warns About What's Coming
https://www.youtube.com/watch?v=vGcnFPZX8UU&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
7. Sweden sees microchip implant revolution | Al Jazeera English
https://www.youtube.com/watch?v=dl_gemn9a9E&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
8. ID, Wallet, Keys All In Your Hand: Sweden Moves Into The Future With Microchipping | Nightly News
https://www.youtube.com/watch?v=Ksw-arKvMPk&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
If you want to learn more, I have put together a playlist of 500+ videos (always adding new videos everyday) that bases itself around biblical end time prophecies through people's dreams, visions, along with other videos that expose the evil and wicked things the higher powers that be, have planned for us. This playlist helps bring the darkness into light while connecting the dots relating to the bible. I hope this information serves you well in uncovering the real truth.
https://www.youtube.com/playlist?list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup
I have a lot more info to share. In case you want a more detailed breakdown of the many things that are happening, here it is:
Bill Gates is a wicked man. I'll break down the evidence for you in a series of videos located down below.
1. Innovating to zero! | Bill Gates
https://youtu.be/JaF-fq2Zn7I?t=236
Bill gates mentioned back in 2010 about reducing the global population through vaccines video starts around 3:56 min
2. Bill Gates Caught Funding Netflix Docuseries PANDEMIC #coronaviruses #VirusCorona #virus
https://www.youtube.com/watch?v=En3-eHyf68c&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
Bill gates funded the netflix series called "Pandemic" which was in production 6 months prior to the virus outbreak in Wuhan China. Not only did he fund it, but the netflix series paints Bill gates as a savior in his fight to "save lives" and mysteriously releases a few days after the virus was breaking out in Wuhan China.
3. Event 201 Pandemic Exercise: Highlights Reel
https://youtu.be/AoLw-Q8X174
Bill gates funded the event 201 that was hosted back in Nov 2019 which was 3 months prior to the virus outbreak in Wuhan China. Event 201 was used to conduct a fake simulation pandemic of a virus to see how the world would respond. Funny enough, the first 40 seconds of the event 201 use the "corona virus" as the test simulation virus in this event.
4. Bill Gates of Hell Video Series. Here is part 1 (https://www.youtube.com/watch?v=jo5e7qS85ZI&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index)
The B!LL GATES of HELL | C0R0NA VIRUS (PART 2)(https://www.youtube.com/watch?v=AklgUzN9TcA&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index).
5. The B!LL Gates of HELL (part 3)The C0R0NA DRAGON
https://www.youtube.com/watch?v=QpKPFx3rTp4&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
Bill Gates funded the research of the virus through the pilbright institute and not only does bill gates have the patent on the virus he also holds the cure/vaccine which he will try to get us to take. The original video that was uploaded was deleted and when the video was reuploaded, the content creator went back to the same website to check on Bill Gates having patented the virus and low and behold, that very website scrubbed bill gate's name from it
  1. Bill Gates funds the ID2020 initiative in which they (globalist elite) want to track us using digital IDs which are very very wicked and satanic. This digital ID is part of the mark of the beast system. https://id2020.org/
  2. This is all planned based on the Georgia Guidestones in which I quote "maintain humanity under 500,000,000 in perpetual balance with nature". If you want picture proof of that you can visit this site https://www.auricmedia.net/tag/georgia-guidestones/
All of what Bill Gates is doing is trying to get us to take the Vaccine/Microchip which is the mark of the beast as mentioned in the bible. If you Go to your KJV (King James Version) bible and read Revelation 13:16-18 you will understand the meaning behind all this.
Revelation 13:16-18 King James Version (KJV)
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

If you take the Mark of the Beast, this is what happens

Revelation 14:9-11 King James Version (KJV)
9 And the third angel followed them, saying with a loud voice, If any man worship the beast and his image, and receive his mark in his forehead, or in his hand,
10 The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the Lamb:
11 And the smoke of their torment ascendeth up for ever and ever: and they have no rest day nor night, who worship the beast and his image, and whosoever receiveth the mark of his name.

If you refuse the Mark of the Beast, this is what happens

Revelation 20:4 King James Version (KJV)
4 And I saw thrones, and they sat upon them, and judgment was given unto them: and I saw the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received his mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.
All of what you see, the bible foretells us of what will happen and what is to come. The wicked elite planned all of this to happen. It was all planned by design. To usher in their one world order agenda using the virus as a scapegoat, to decimate world economies where people will lose their homes, businesses, and possessions. People will be starving during these times, and there will be chaos in the streets in due time. This is so the anti christ can rush in and save the day by getting you to take this evil vaccine/microchip/mark of the beast as the bible foretells us. That is why we are called unto repentance of our sins everyday and have faith in Jesus Christ who died on the cross for our sins, was buried, and rose again on the 3rd day. In times like these, we are called to pray because there will be massive destruction from both man and God in the last days.
The tribulation will last 7 years and billions of people will die from this. Not only that, but there will be 21 judgments (7 seals, 7 vials, and 7 bowls) from God throughout the 7 years with which each judgement will be worse off than the last until the 2nd coming of Christ. These judgements are meant for people who did not repent of their sins (living in a constant sinful and ungodly lifestyle), and/or reject the word of God along with not having faith in Jesus Christ as their Lord and Saviour who died on the cross for ALL our sins, was buried, and rose again on the 3rd day.
Because of what is happening around us, it will continue to get worse. They do this so people will be desperate enough to stop the pain. And the elites will present the vaccine/microchip/mark of the beast as the cure for the people's pain. But those that take the mark of the beast will live during the 7 years of tribulation until the 2nd coming of Christ in which Jesus Christ will come back to earth and kill those who took the mark of the beast and cast them to hell. During the 7 year tribulation, those that took the Mark of the Beast actually suffer from the 1st bowl judgement that is poured out. Here is that verse:
**Revelation 16:1-2 King James Version (KJV)**16 And I heard a great voice out of the temple saying to the seven angels, Go your ways, and pour out the vials of the wrath of God upon the earth.
2 And the first went, and poured out his vial upon the earth; and there fell a noisome and grievous sore upon the men which had the mark of the beast, and upon them which worshipped his image.
When you take the mark of the beast, it changes your DNA conforming yourself with the beast, which is satan. Once you take the mark of the beast, you will be damned to hell and eventually be casted into the lake of fire as the final destination place forever and there is no coming back.
This information is not to be taken lightly. If you're interested to learn more of the evil and wickedness that is planned before us, here is a 500+ youtube playlist (and growing everyday) of all things relating to the end times as the bible describes.
https://www.youtube.com/playlist?list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup
I encourage you to share this information with friends and family to help them understand the times we are living in.
We are called to pray everyday in order to repent (turn away) from our sins and to have faith in Jesus Christ, who died on the cross for all our sins, was buried, and rose again on the 3rd day. It's important to repent daily because we sin on a daily basis whether we commit intentional sin or not. Also, pray daily because you are never promised a tomorrow.
John 3:16-21 King James Version (KJV)
16For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.
17For God sent not his Son into the world to condemn the world; but that the world through him might be saved.
18He that believeth on him is not condemned: but he that believeth not is condemned already, because he hath not believed in the name of the only begotten Son of God.
19And this is the condemnation, that light is come into the world, and men loved darkness rather than light, because their deeds were evil.
20For every one that doeth evil hateth the light, neither cometh to the light, lest his deeds should be reproved.
21But he that doeth truth cometh to the light, that his deeds may be made manifest, that they are wrought in God.
John 14:6 King James Version (KJV)
6 Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.
1 Corinthians 6:9-11 King James Version (KJV)
9 Know ye not that the unrighteous shall not inherit the kingdom of God? Be not deceived: neither fornicators, nor idolaters, nor adulterers, nor effeminate, nor abusers of themselves with mankind,
10 Nor thieves, nor covetous, nor drunkards, nor revilers, nor extortioners, shall inherit the kingdom of God.
11 And such were some of you: but ye are washed, but ye are sanctified, but ye are justified in the name of the Lord Jesus, and by the Spirit of our God.
Revelation 21:8 King James Version (KJV)
8 But the fearful, and unbelieving, and the abominable, and murderers, and whoremongers, and sorcerers, and idolaters, and all liars, shall have their part in the lake which burneth with fire and brimstone: which is the second death.
1 Peter 5:6-8 King James Version (KJV)
6 Humble yourselves therefore under the mighty hand of God, that he may exalt you in due time:
7 Casting all your care upon him; for he careth for you.
8 Be sober, be vigilant; because your adversary the devil, as a roaring lion, walketh about, seeking whom he may devour:
Matthew 6:24 King James Version (KJV)
24 No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.
Revelation 3:16 King James Version (KJV)
16 So then because thou art lukewarm, and neither cold nor hot, I will spue thee out of my mouth.
Matthew 7:21-23 King James Version (KJV)
21 Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father which is in heaven.
22 Many will say to me in that day, Lord, Lord, have we not prophesied in thy name? and in thy name have cast out devils? and in thy name done many wonderful works?
23 And then will I profess unto them, I never knew you: depart from me, ye that work iniquity.

The Dangers of the Once Saved Always Saved Doctrine

Why so many professing Christians will be left behind! The dangers of OSAS!
https://www.youtube.com/watch?v=3Wb_qb1XHNQ&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
Is Once Saved Always Saved Biblical?
https://www.youtube.com/watch?v=3IMIHljWBSg&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
Is Once Saved Always Saved Biblical? (Different Youtube Channel)
https://www.youtube.com/watch?v=EIXYRkTe7gc&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
Once Saved Always Saved? I went to the Outer Darkness (Hell) for unfaithful christians!
https://www.youtube.com/watch?v=hOHHE4r0FGw&list=PLm9W9PpTsiQp7pzG6cnmf4iByUo45suup&index
Although we are called to repent of our sins and have faith in Jesus Christ who died on the cross for all of our sins, biblical scripture also tells us that we must be born again, through water baptism, in order to enter into the kingdom of God. Here are some biblical verses that expand on that:
John 3:3-5 King James Version (KJV)
3 Jesus answered and said unto him, Verily, verily, I say unto thee, Except a man be born again, he cannot see the kingdom of God.
4 Nicodemus saith unto him, How can a man be born when he is old? can he enter the second time into his mother's womb, and be born?
5 Jesus answered, Verily, verily, I say unto thee, Except a man be born of water and of the Spirit, he cannot enter into the kingdom of God.
Matthew 28:19-20 King James Version (KJV)
19 Go ye therefore, and teach all nations, baptizing them in the name of the Father, and of the Son, and of the Holy Ghost:
20 Teaching them to observe all things whatsoever I have commanded you: and, lo, I am with you always, even unto the end of the world. Amen.
If you would like to understand what is water baptism and why Christians do it, here is a video that helps explain it better:

What is Water Baptism and Why do we Do it? | Q&A

https://www.youtube.com/watch?v=dP5n_xbn5_U
If you would like to undergo a free water baptism, here is a worldwide map of those who can perform water baptisms within your community for free!
Here is the link: https://map.thelastreformation.com/
The Last Reformation also has a youtube channel if you would like to check it out
The Last Reformation
https://www.youtube.com/channel/UCJXcYb9zYJ8_QA3Bcg5Fe2g
submitted by twenty7lies to conspiracy [link] [comments]

I came up with a conspiracy theory for Taylor.

Sep 29th: Trump and Biden Debate
Oct 2nd: In the early morning Trump declares he has caught covid. At 6:15pm the same day he transfers to Walter Reed out of an abundance of caution.
Oct 5th: No information has been shared with the public. A report is released that an anonymous internal source within the hospital has said the presidents condition has been changed to 'Poor'.
Oct 6th: Mike Pence cancels participation in the Vp debate to focus on efforts to keep whitehouse running while Trump in hospital.
Oct 8th: Late in the evening the Whitehouse releases a report that the presidents condition has been moved to Critical.
Oct 9th: Mike Pence and the needed majority of principal officers invoke the 25th amendment and remove President Trump from Office. Mike Pence is now the POTUS.
Oct 12th: Mitch McConnell announces the updated Republican election plans. Trump will stay as the candidate. When he wins Pence, now once again VP, will immediately invoke the 25th a second time. No other message is spoken about for the next two weeks. In large the legal communities head explodes.
Oct 26th: President Pence picks Mitt Romney for his Vice President. Romney is quickly confirmed.
Oct 30th: The morning of the 30th Biden's presence is questioned. He hasn't been seen in two weeks. He makes a public announcement that evening that shortly after the debate had come down with covid symptoms and chosen to self quarantine. In his public announcement he looks very healthy alert and energetic. Overall the public is unhappy for the betrayal in trust by not being notified of the quarantine.
Nov 1st: Pence has a live televised prayer for the health of Donald J. Trump. He reminds Americans that Trump needs their votes.
Nov 2nd: A picture of what appears to be President Trump on a respirator is leaked to the media. Covid still ravages the US.
Nov 3rd: Election Day. Trump wins again. With the understanding a vote for Trump was a vote for Pence, the 'centrics' of America hard pivoted away from Biden. Democrats do take majority in both House and Senate.
Nov 26th: Thanksgiving Mike Pence pardons turkey, gives thanks, makes special thanks to Newly Elected Justice.
Dec 1st: With no reports on the health of Donald Trump, his businesses and assets in the State of New York are liquidated for bitcoin.
Dec 2nd: Numerous government agencies and private organizations open new lawsuits against Trump.
Dec 14th: Trump is reported to be transported to his hotel in Palm by medical units. An authentic but highly suspicious photo of Trump in an iron lung is circulated to the media.
Dec 15th: Pence flies down to see Trump.
Dec 21st: Markets crash and Trading curbed. European market flutter heavily.
Dec 22nd: Markets crash and Trading curbed. Global Markets become erratic. Bitcoin climbs.
Dec 23nd: Markets crash and Trading curbed. Global Markets crash. Bitcoin climbs.
Dec 24th: President Pence pardons Donald J Trump. States that all federal efforts must be employeed moving the world forward. Public demand impeachment.
Dec 26th: President Pence makes public announcement that he will work with anyone to get the US back on track. Signs several Democrat bills that have been fast tracked by McConnell.
Jan 11th: Second batch of Joint bills are put on Pence desk and signed. Economy has already turned back and Covid Vaccine Distribution begins in 6 weeks. The ceo's of all major retail pharmacies are invited to speak. They announce they will be the authorized distributors of the vaccine. The cost to the consumer will be $3. In odd fashion the ceo of Walgreens re-approaches the live TV mic and announces that Walgreens will cover the cost of the vaccines administered at their locations for the first two weeks. Public still cry for impeachment but Democratic are apathetic to pursue as Pence continues to play ball.
July 4th, 2031: The Trump organization announces the passing of Donald J. Trump at the age of 85. Cause of death Stroke. Family releases photos the former President taken only weeks before with his new korean wife, Ji-eun. He appeared in good health and happiness in the multiple images.
submitted by thetruemaddox to PKA [link] [comments]

Why We Should Fear a Cashless World

The Guardian, 21 March, 2016 http://www.theguardian.com/money/commentisfree/2016/ma21/fear-cashless-world-contactless?CMP=fb_gu

The health food chain "Tossed" has just opened the UK's first cashless cafe. It's another step towards the death of cash.
This is nothing new. Money is tech. The casting of coins made shells, whales' teeth and other such primitive forms of money redundant. The printing press did the same for precious metals: we started using paper notes instead. Electronic banking put paid to the cheque. Contactless payment is now doing the same to cash, which is becoming less and less convenient. In the marketplace convenience usually wins. That's fine as long as people are making this choice freely. What concerns me is the unofficial war on cash that is going on, from the suspicion with which you are treated if you ever use large sums of cash to the campaign in Europe to decommission the 500-Euro note. I'm not sure the consequences have been properly considered.
We already live in a world that is, as far as the distribution of wealth is concerned, about as unequal as it gets. It may even be as unequal as it's ever been. My worry is that a cashless society may exacerbate inequality even further. It will hand yet more power to the financial sector in that banks and related fintech companies will oversee all transactions. The crash of 2008 showed that, when push comes to shove, banks have already been exempted from the very effective regulation that is bankruptcy -- one by which the rest of us must all operate. Do we want this sector to have yet more power and influence? In a world without cash, every payment you make will be traceable. Do you want governments (which are not always benevolent), banks or payment processors to have potential access to that information? The power this would hand them is enormous and the potential scope for Orwellian levels of surveillance is terrifying.
Cash, on the other hand, empowers its users. It enables them to buy and sell, and store their wealth, without being dependent on anyone else. They can stay outside the financial system, if so desired. There are many reasons, both moral and practical, to want this. In 2008 many rushed to take their money out of the banks. If the financial system really was as close to breaking point as we are told it was, then such actions are quite justified. When Cyprus's banks teetered on the cliff of financial disaster in 2011, we saw bail-ins. Ordinary people's money in deposit accounts was sequestered to bail out the system. If your life savings were threatened with confiscation to bail out a corporation you considered profligate, I imagine you too would rush to withdraw them.
We have seen similar panics in Greece and, to a lesser extent, across southern Europe. Mervyn King, the former governor of the Bank of England, recently declared that banking was not fixed and that we would see financial panic again. In Japan, the central bank has imposed negative rates and you are charged by banks to store money. This is to try and goad people into spending, rather than saving. So much cash has been withdrawn from banks that there are now reports that the country has sold out of safes.
These are all quite legitimate reasons to want to exit the system. I'm not saying we should all take our money out of the bank, but that we should all have the option to. Cash gives you that option. Why remove it? It's our money. Not the banks'. The telephone teaches us a useful lesson. At its peak in 2008, there were 1.3bn landlines for a global population close to 7 billion. Today more than 6 billion people have a mobile phone -- more than have access to a toilet, according to a UN study. Many assume that the mobile succeeded where the landline failed, because the superior technology made widespread coverage more possible. There is something to that. But the main reason, simply, is that, to get a landline, you need a bank account and credit. About half of the world's population is 'unbanked', without access to the basic financial services you need. Telecom companies saw no potential custom, the infrastructure was never built and many were left with fewer possibilities to communicate. But a mobile phone and its airtime you can buy with cash. You don't need to be banked. Almost anyone can get a mobile -- and they have. The financial system was actually a barrier to progress for the world's poor, while cash was a facilitator for them.
Six billion people around the world will have a smartphone by 2020. They will have pretty much everything they need to participate in e-commerce -- internet access, basically -- except the financial inclusion. Which is why there will be a huge role to play in the future for new forms of digital cash -- from Kenya's M-Pesa to bitcoin -- money you can use even if you are not financially included.
Cash has its uses for small transactions -- a chocolate bar, a newspaper, a pint of milk -- which, in the UK, are still uneconomic to process by other means. It will always be the fastest and most direct form of payment there is. I like to tip waiters, for example, in cash, knowing they will receive that money, without it being siphoned off by some unscrupulous employer. I also like to shop in markets, where I can buy directly from the producer knowing they will receive the money, without middle men shaving off their percentages. It also has its uses for private transactions, for which there are many possible reasons, and by no means all of them illegal. Small businesses starting out need the cash economy. Poor people need the cash economy. The war on cash is a war on them.
If you listen to the scaremongering, you'd start to think that all cash users are either criminals, tax evaders or terrorists. Sure, some use cash to evade tax, but it's paltry compared to the tax avoidance schemes Google and Facebook have employed. Google doesn't use cash to avoid tax. It's all done via legislative means. Cash means total financial inclusion, a luxury the better-off take for granted. Without financial inclusion -- and there will always be some who, for whatever reason, won't have it -- you are trapped in poverty. So beware the war on cash.
submitted by ThetruthWithin37 to conspiracyfact [link] [comments]

LOEx Market Research Report on September 22: Fringe market falls sharply to drive BTC down

LOEx Market Research Report on September 22: Fringe market falls sharply to drive BTC down
[Today's Hot Tips]
1. [Brazilian Fund Management Company and Nasdaq will cooperate to launch Bitcoin ETF]
According to Cointelegraph on September 22, a regulated Brazilian fund management company, Hashdex, signed an agreement with Nasdaq to launch the world's first Bitcoin ETF on the Bermuda Stock Exchange. The ETF product has been approved by the Bermuda government and will be online trading before the end of the year.
2. [South Korean Internet giant, Kakao, may be interested in entering the DeFi field]
According to Cryptocurrency News on September 22, South Korean Internet giant, Kakao, seems to be interested in getting involved in the DeFi field recently. Li Yunhao, head of the ground X business of its blockchain subsidiary, recently stated that the Klaytn platform (a blockchain platform owned by Ground X, which owns the encrypted token KLAY) is open to expanding business related to DeFi. In addition, he also mentioned that Kakao plans to expand the scope of Klip wallet applications to allow support for copyright-related tokenized files, derivatives, and NFT tokens.
3. [OCC: Bank of America can hold reserves for stablecoin issuers]
According to The Block's news on September 21, according to OCC's new guidelines, the Federal Chartered Bank can hold reserves for stablecoins issuers. The Acting Auditor General, Brian Brooks, said in a statement: "This guidance provides banks in the Federal Banking System with greater regulatory certainty, enabling them to provide services to customers in a safe and reliable manner."
[Today's market analysis]
Bitcoin (BTC)BTC fluctuated upwards in the morning as a whole, rebounding slightly from around 10400 USDT to around 10450 USDT, and the overall fluctuation was not large. The mainstream currencies basically follow the trend of the broader market and have little volatility, and the overall trend is upward. BTC is currently trading at 10450.9 USDT on LOEx Global, an increase of 0.30% in 24h.
Global assets fell simultaneously. The European and American stock markets fell sharply yesterday. Spot gold began to fall at 14:00 in the afternoon, falling from 1955 to 1928, directly leading to a crash. BTC fell almost simultaneously, from 10900 to 10320.
BTC has followed the trend of gold obviously. On the other hand, ETH directly led the decline, with a maximum drop of more than 7%. We don't know how many chips are on the mountain again. The DeFi sector has encountered a big waterfall; the so-called not breaking or standing, personally feel that BTC will fall below 10,000 points this time, and you can gradually take positions below 10,000 points. For short-term analysis, as long as it does not stand firmly at 11,000, you should not be too optimistic about the market. After all, this wave is a "blood sucking" model and does not represent the overall strength of the market. In recent times, BTC has risen while other mainstream coins have not risen but fell. Yesterday, the decline of BTC is that mainstream coins have fallen even more, indicating that the "blood sucking" model has not yet ended.
However, there is no need to be too pessimistic. Last week, the hot spots in the end market have weakened. We need to see if there are new hot spots in the future. If not, the outflow of funds from the hot spots still needs a channel to receive.
Under normal circumstances, BTC and mainstream currencies in the currency circle are commonly used channels for capital inflows, so you can still stay focused. Look at the pressure of $ 11000 above BTC. A momentary breakthrough in this position does not mean anything. The key is to stand firm. We should look at $10,000 first at below.
Operation suggestions:
Support level: the first support level is 10000 points, the second support level is 9800 integers;
Resistance level: the first resistance level is 10500 points, the second resistance level is 11000 points.
LOEx is registered in Seychelles. It is a global one-stop digital asset service platform with business distribution nodes in 20 regions around the world. It has been exempted from Seychelles and Singapore Monetary Authority (MAS) digital currency trading services. Provide services and secure encrypted digital currency trading environment for 2 million community members in 24 hours.
https://preview.redd.it/ndl1g4526no51.png?width=619&format=png&auto=webp&s=84413e0d7f72332cacc177a6bd9575a1965b4662
submitted by LOEXCHANGE to loex [link] [comments]

Why I Bought Nexo Over Celsius (CEL) & Crypto.com (MCO)

Personally until last week, I haven't touched this space since the the end of 2017 when bitcoin hit 20k.
But now everything has changed.
I'm back in it now because I started hearing about DeFi and how you can earn massive interest rates on your crypto.
I was shocked when I saw you could earn 10% interest from Nexo, and on fiat! That's 10x more than what my bank offers me. It's an incredible deal and Celsius, Crypto Com (CDC), BlockFi also offer similar things.
When I saw that these were all legitimate companies with solid product I knew I had to get into this now before it was too late.
https://preview.redd.it/wxzc8a0ziea51.png?width=1184&format=png&auto=webp&s=2c717f10b911c1264ef36a08870401d30372dea7
DeFi is growing like crazy, and when everyone was offering massive interest rates on their deposits I know CeFi (centralized finance) will follow because the user experience is 10x easier for most people like me.
So I had to pick.
It was Nexo vs. Celsius vs. CDC vs. Blockfi
And I think there's never been a better time than right now. So after doing research, I chose Nexo for these 5 reasons.
  1. Big Profitability
  2. No Lock-in Terms
  3. Massive Roadmap
  4. 30% Dividends
  5. Fast Growing Company
Profitability
Back in 2017 I invested in a ton of "shitcoins" with no product and no customers and lost a lot... What I like about Nexo is that not only did have an awesome product, it has massive growth of its core crypto credit line product.
They have massive double digit growth month on month. Nexo, on average, much lends at 12% and borrows at 8%. So they make 4% APR on their loans.
So from their $217 M in loans this year they would earn somewhere around $8M in profit (if each loan took a year to repay). But that's a decent ballpark figure. You can see these figures at https://nexostatistics.com/ for more information.

https://preview.redd.it/wadznkpwhea51.png?width=2036&format=png&auto=webp&s=ce7b2ec7d39eb00f6dc5f8840bbcc6843b0dd047
So that's an incredible feat for a new company, and the ability to take a loan against your crypto saves you in several ways
For taxes you only pay after you've sold your crypto or shares, but by taking a loan against them you can delay that period so it's very tax efficient. There's no credit check so if you have credit cards loans at 20% APR then this will help you tremendously because you can borrow at 6%.
With all this profit, Nexo is creating a massive war chest to take over the CeFi space.
But what about the competition?
2. No lock-in terms
Now lets have a look at the competition. There are 3 other big players in this space. Crypto com (CDC) is the biggest as their CRO token took off and broke into the top 10. But if you want to get their best interest rates you need lock-in your investment for a minimum period of 3 months.
In this economy where it feels like we can have a second crash. I'm a lot happier knowing I can withdraw it whenever I want.
On flexible terms, for in-kind currency, Nexo wins letting you earn up to 10% over 8% the other big 3.
3. Massive Roadmap
I've watched and transcribed nearly every video Antoni Trenchev has done. And he gives a few hints of the roadmap for Nexo.
Here's a short summary:
  1. Banking License
Nexo is trying to either acquire a company or get their own banking license (like Revolut and Monzo) so they have more flexibility in their operations. It would be a huge step for a crypto company to get this and shows their ambition
  1. Credit Card
This will be similar to CDC and they'll offer generous cash back incentives of 2% when you get your credit card.
  1. Referral Scheme
Currently Nexo has done this massive growth without incentivised referrals, and when they turn this tap the company can likely see a lot of users pouring in for their great savings rates and crypto credit lines.
  1. Exchanges and more Coins
Again, the ability to crypto within the eco system will go a long way to keeping users within the system. The plan is to let users buy and stake virtually any legitimate crypto coin.
And with this massive roadmap, the core principle they started with by sharing back with the community, they keep everyone's incentives aligned.
4. Dividends
Nexo currently offers 30% of their profits to all their users on a once a year basis. This is great because it gives the Nexo token some actual utility and incentives long-term holding. It also makes Nexo more transparent because they're sharing their profits from all their crypto credit loans.
This year they'll announce on August 5th so there's still some time to get yours. Current estimates are around 5% ROI from current token price.
5. Fast Growing Company
When I first started researching each of these CeFi companies I looked at their linked to see who was hiring the most. I like to look at what companies do as well as what they say they're doing.
I noticed that celsius had very low growth, whereas BlockFi and Nexo were growing like crazy. Anyone who's not feeling confident about a business will immediately slow down hiring. But if you're more ambitious then you'll start hiring in order to increase your companies' growth.
Nexo has 15-42% growth rate in terms of employees. (It's hard to say because apparently there's another company on Linkedin called Nexo that messes up the numbers). But it should be in this ballpark.

https://preview.redd.it/b57lymjxhea51.png?width=648&format=png&auto=webp&s=e8eee982b610886d3cb8fda8d083345ce7c1ed2d
Summary
So when you have this killer combination of future update on the way, of dividens coming out in August, and company that's investing in its future. You know that Nexo could follow what happened with Crypto.com and have this massive influx of investment into the Nexo token.
CDC CRO token broke into the top 10, and with Nexo boasting profitability, user growth, employee growth, and some stunning updates that are about to being launched I can see several reasons why price keeps trending upwards. We could also see Nexo climb up the rankings as people start investing Nexo more and more.
submitted by healthyCoder to Nexo [link] [comments]

100 Days later. From noob to moons. I wrote this “guide” based on my journey into crypto.

It’s already been 100 days. What a ride it’s been. I created this account and joined this sub not long after I bought my very first ETH. That’s right, I skipped Bitcoin and my first foray into crypto was Ethereum. I was never sold on BTC and even when it was booming back in the day I didn’t feel like I missed out on anything. I just don’t believe in it if I’m being honest. I respect everything about Bitcoin and Satoshi (whoever you are) sounds like a genius and a revolutionary but I don’t see the use case potential with it. I consider Bitcoin like the Metallica of crypto, a little analogy for myself. I’m a big fan of bands like Tool and The Deftones and I give credit where it’s due to Metallica for paving the way for them to be able to make new music. Bitcoin started the movement but I was sold on the progressive thinkers that followed it. Ethereum is my main commitment and always will be. Vitalik is a very weird person and that is what drew me to it initially. I saw a Vice documentary when I was first looking into crypto to understand and they also included a bonus bit with him. Those were enough to spark my interest and it sort of sent me into a wormhole of research. That was back in March.
I like to think I’ve come a long way. Since I was unemployed I decided to spend my spare time studying crypto. I started with exchanges. Being from Canada my options definitely seemed limited, as a noob at least. Google helped most of the way by putting in things like “Ethereum explained” and “How to store crypto” which brought up a lot of useful information. Overwhelming to say the least. But I didn’t stop at the basics. No, no, no. It made me fascinated with blockchain as a technology beyond cryptocurrency. I read the Ethereum Whitepaper after the Bitcoin whitepaper because everyone should read that one. Satoshi started this, if you don’t understand why he(or she or however they identify) created Bitcoin then you will never understand cryptocurrency fully. Then it came time to buy some.
I initially tried eToro and was immediately hit with the “service not available in Canada” issue. So I searched exchanges in Canada and found Coinberry, Shakepay and the already defunct Quadriga. Thankfully the quadriga news was easy to search so it didn’t take long for me to become paranoid about my investments. Coinsquare was also an option that turned out to also be a scam. After eToro I tried Coinberry and I submitted my KYC info and all then crickets they ghosted me. I’d been in contact with customer service prior to submitting and they seemed fine until then. I persevered. Shakepay was next. Fingers were crossed going into this one. I chatted with Shakepay customer service for the better part of an hour on my first day. I asked all of the technical questions and also the stupid ones. I wanted transparency and got it from them. So I bought 1 whole ETH. Next I had to figure out a wallet.
This was difficult. I didn’t need a hardware wallet for 1 ETH, that was overkill. I learned early that the exchange isn’t safe “not your keys not your coins” is a common expression. So I found that middle ground in Atomic Wallet. I did a lot of searching before settling on them. Metamask was the other thought but when I had taken a solidity crash course I struggled with it and didn’t try again. The other wallet options I considered were Exodus Wallet and Guarda. I don’t want to break this down to a full wallet review but I will say that I use both Atomic and Exodus and they are great. I’ve never had an issue and the customer service communication has always been great. They’re transparent and helpful as long as you don’t try to attack them and blame them when you have issues.
What I liked about Atomic when I first looked into it was the very helpful knowledge base they’ve created. The embedded links are to the wallets respective educational resources. If you asked me I’d say people don’t spend enough time reading at least the FAQ of a wallet, exchange or app that they use. Personally, I have read just about every article on both Exodus and Atomic (aside from the ones that repeat the same thing) so that I don’t have to ask everything. If you do take some time, and not that much, you will see they state “We will never ask you to enter your seed for any reason” and that would prevent so many phishing scams, which is what happens when people think they’re hacked. I think it’s important that everyone takes a moment to read about how to avoid being phished. Also check this one about things like pump and dumps and ICO scams.
Now about the community. This place is awesome and I’m glad that I found this sub. It is certainly one of the best subs I’ve joined. I’m also subscribed to just about every single other crypto sub you can find, I like to know what’s going on in every project. I have my favourites and there are a few I’m certainly opposed to but I try to remain as unbiased as possible. I don’t let my investments influence my arguments because that makes it too emotionally driven. I argue with what I’ve read and learned about and am always willing to be told I’m wrong. The moons were such an important factor to that. When I first started into crypto I thought that moons would impact ETH price because I though “reddit is huge, everyone will want ETH after” but I was stupidly wrong. I would never think that again but I wanted to admit so everyone knows that we all start without basic knowledge in this. I wanted moons but my new account wasn’t allowed to post. I had to wait 50 days. What did I do? Engaged in other communities. I learned from other projects. Knowledge is power and it’s by learning and by gaining that knowledge before I could post it only took me 4 weeks to earn 35,000(nearest makes no difference) moons.
During my pre-posting time I read multiple whitepapers for projects like NEO, Ripple(to which I am known to be opposed to but bias aside I’ve listed), Stellar, Komodo, Vechain, [Cardano(not really a whitepaper more of a “why” paper)](https://[cardano.org/why/) and so many more.
I just wanted to link some so that people can read some varying whitepaper to get the differences in ideas. It’s tedious but these are the best ways to understand what’s going on and what the potential of blockchain is. I also got comfortable with reading charts because it’s important for learning trends. I don’t know all the technical terms and buzzwords for patterns but I recognize rhythm and patterns in things and combine that with my own best guess to figure out what to move for. I like statistics so it isn’t boring to me to read them. I mostly use Coingecko for tracking coins and the news section is great. I have made a list of favourites(my own top 40) and I check them daily. Multiple times daily to be honest. I also use Cointelegraph for news, I like their artwork. I also use decrypt because they tend to have more Ethereum and Altcoin news.
Anyway, this has gotten beyond long enough. I hope it is helpful to some. I kind of wish I had found a resource with everything I needed to know to get started in one easy place. There isn’t. But this is a good way to get started.
Thank you for reading. Everything I say is open to constructive criticism but let’s keep it sensible and respectful.
submitted by ethereumflow to u/ethereumflow [link] [comments]

I found a tape I wasn’t supposed to listen to.

I plan on destroying this laptop after posting this and will soon be untraceable. I am reaching out because something is not right. I feel as if something just is not lining up right in the universe. I feel like I am out of place. I come to post because I am not sure how much longer I have. I was taking the trash out last week and I think I saw something I should not have. It was a full moon that night and I was doing my regular chores. Feed the dogs, clean the dishes, take the trash out. Easy stuff like any other night. When I got to the dumpster I saw a cassette player on the ground looking like it was to be thrown out. I thought to myself it was just trash but something caught my eye. There was a piece of tape on it with a sharpie written across it. It stated "LISTEN URGENT" so I put it in my pocket and took it home.
If I knew what was on that tape I would have not brought it home that night. I didn't have a pair of headphones to listen to it with or at least didn't care to look for one at the time. I had put the tape down on my desk and went to play some video games without thinking much of it at the time. You see I didn't have much going for me. My mother was a single mom and I was the man of the house. I liked to play video games because that is what made me happy. It was getting late so I turned off my monitor and went to bed.
I woke up the next morning thinking about the tape because I had a dream about it the night before. The dream consists of me going to the trash and finding the cassette tape then someone getting out of their car when I was walking home pushing me down and taking the tape from me. It was a man with a black overcoat but couldn't see much of his face since it was dark out. And as soon as he took it I woke up. I thought to myself that having a dream of it already had to mean something so I found some headphones and plugged them into the aux input and pressed play.
"What did you see that night" A man asked
"I was super drunk and all I remember was seeing some guy beat the shit out of some other guy outside the bar." A women said
"Where did this take place? The man asked
"In the alley besides the bar.... Can I please go now?" The women proclaimed.
"No, not yet we have some more questions for you..." The man said
"What was that?" The man asked
You could hear a crash or something and the tape cut out. What the fuck was I listening to? An interrogation with the police? All I know is there is more on the tape and I definitely shouldn't be listening to this. I clicked skip and play again and it started back up.
"Where were we... Sorry about the inconvenience miss." The man smirked
"Who are you guys anyways? The cops?" The women asked.
"Ahaha very funny... she thinks were the feds..." The man talking to his partner.
"You guys aren't the police???" "Then who are you guys?" The women starting to panic
"We are the guys they call when shit gets bad." The man said
"I think we are finished here... just state your name and age and your good to go."
"OK... Carly Johnson, 23"
Tape Ends
Who the fuck were they? Who is this girl Carly... I thought to myself what this tape was doing with me. I looked up this girl's name and I didn't believe my eyes. Here I am looking at her obituary. She died weeks ago. Cause of death: Suicide.
Where do I begin. I just heard a tape of seems to be the police interrogating Carly and she all of sudden kills herself what the actual fuck. I guess these are the guys they call when shit gets bad. It says she jumped over a bridge in the town over from me at midnight. Why would a girl just do this out of nowhere and sounded decently happy on the tape. But then I saw one last thing on her obituary... it said "There was no body found. She had left a note." So she went missing huh and they ruled it off as a suicide. I went back to the tape and to my surprise it had corrupted and I couldn't play anything back. Just great. I wanted to know who these guys were? Why did they want to talk to Carly? Why did Carly all of sudden disappear?
This was all so hard to wrap my head around. None of this should be my business but somehow I feel like it is. I never even knew Carly but some way I feel like I did. Weird right. Maybe you can tell me if I'm nuts or if it's humane to feel this way. I had another dream last night and to my surprise it had to do with the tape again. But this time it was very strange. I was on the bridge where Carly apparently did what she did and there was something on the ground in the middle of the bridge and I couldn't really make out what it was so I walked over and it was the same tape except the writing on it this time was "They did this." I then rubbed my eyes and woke up in a ton of sweat. So is this supposed to be a sign or something? Like what are these nightmares supposed to mean? I still am wondering who the men were that were talking with Carly. I started looking up cases of bar fights or anything to do with fights relevant to a bar. To my surprise I found the case. Case # 06-123 Bar stabbing leaving man dead. Looks like it was big in the local news. I do not watch the news much but now I know what they were talking to Carly about. This was much bigger than I thought. This is still an open investigation. I was skimming over the reports and one of the officers said that a private sector of the FBI would be taking over the case and no more was to be discussed publicly until the case is closed.
A private sector of the FBI is now involved what the fuck. In this tiny ass town the FBI is getting involved. This is all so much to take in. Seems like there is more to it though. The FBI got involved with some little stabbing at a bar. The news article said if there is any information to help the case to contact the link that was shared underneath the article. I clicked the link and it brought me to some government website to report tips or some bullshit. I started to read and it said "If there is any information on this case please contact this phone number [DISCLOSED INFORMATION]. I then read it said if anyone knew of a missing cassette tape that it is crucial to the investigation and no more information was shared after that. So wonderful, I now know that I am holding a crucial part of evidence of a case for the FBI and the contents were corrupted. I don't know what to do at this point... I still am going to be doing my research and I plan on getting rid of this cassette tape. I will be updating this post as soon as more information is shared or I find something. In the meanwhile I need to stay on the low because there could be and will be people looking for me and what I have acquired.
Ill post an update in 24 hours. Until then, Goodbye.
Update 2
I only got a few hours of sleep last night... thoughts running through my head constantly. I promised an update and here it is. I have been thinking of what to do with this tape. I think the best option would be to get rid of it but I think that would be a felony or something so that options off the list. The second option I have is to give it to them. Yes, I know it sounds crazy absolute delusional you might say. OK let me stop you right there. The plan is to drop it off at a discrete location and call in an anonymous tip. Seems easy right. I hope. I have wiped off all my prints on it and ripped off the tape on the front of it. I am going to go to a gas station about 45 minutes away from here. There should be a payphone and the angle the cameras are at should not see me if I pull my car up to the left of the building. I will wear gloves for prints and wear a hoodie. I should be fine, no evidence that I was there with the tape. I will get back to you after the job is done. Wish me luck.
Update 3
So it went exactly like planned. I parked my car where there was no surveillance and got out with my black hoodie and called the number that I saw online. I said "The cassette tape is in the bathroom of the gas station for case # 06-123 and hung up. I got out of there as fast as possible. I am now home and well. I am still curious and looking into Carly. I think I came upon something. It is very unusual. Her mother wrote a Facebook post saying "I know those cops are fucking corrupt... they never even looked into her case!" I thought to myself how weird this is. Her own mother must have known something was up too. No body found, A bridge that no one was on that night. I know no one was on it because there was a detour for maintenance on the bridge that afternoon. The last thing that doesn't add up is someone had to write on that tape stating LISTEN URGENT. If they were police wouldn't that tape be in evidence or something. Correct me if I'm wrong but this shit doesn't just go missing and wind up at my dumpster. I have a feeling that the bridge is one of the places that I will find something leading me to what happened to Carly and why the FBI are involved. I am going to take a drive to that bridge and see if I can find anything. I'll update you when I get back.
Update 4
I think I came upon something I wasn't supposed to once again... I found a necklace underneath the bridge. Here is a picture of what I found. necklace You see I don't think the police actually investigated or they would have already found this. Still we aren't even dealing with the local police anymore we are dealing with some special sector of the FBI. I also found one other thing and I feel as if posting a picture would compromise this second tape I found. I have not brought my headphones with me but have a feeling whatever is on this second tape that it will be great. I am very concerned about Carly and what happened to her. Maybe she is on this tape again, maybe it will lead me somewhere. If I post this on reddit I have a feeling the FBI will be notified or something like that. So for precautionary reasons I will not give the name of the bridge or any locations further that could potentially fuck this up. I plan on digging deep and will share it all with you. Why does the FBI want something to do with some girls suicide?? Who were those men on the tape???? Moments ago I just got a call from a blocked caller... I declined the call because I never normally accept blocked caller ids. They left a message. He said
"Turn your eyes away from this or else... You have been warned." ENDS CALL
I am very frustrated right now because they somehow found my phone number. I thought I took all the precautionary measures. I guess the government is always watching though. My feeling is that I will have to get rid of everything that ties me to this case. I have looked up how to destroy a hard drive and it is as easy as swiping a strong magnet over it.
I want to mention to whoever is reading this that if you know who Carly Johnson is and or have any clues on what happened to her please indulge me. Do not share anything with anyone else except my account. You see you may not realize the full extent of this situation but, no need to worry. I will encrypt everything that is sent and no information will get out to the Federal Bureau of Investigation.
Should I be scared? Because I am terrified. I need to know these answers because I am so devoted already. I was just warned to stop looking into this. I have no idea how they got my phone number. I believe we are dealing with not just a suicide but, possibly a government cover up or something worse. If anyone has any tips on what I could possibly do that would help please comment, I can take all the help I can get. They will probably see this post and what I have discussed with you all. I am going to upload all my research onto a USB and slide a magnet over my computer's hard drive now. I will reach back with more news after I have found a secure location to proceed with my updates. Until then....
-Colin.
Update 5
So I am currently posting this on a burner phone that I recently bought. I have booked a motel room with cash and I will use their wifi with a VPN. I would like to first express that whoever called me yesterday that I will not stop until I get the answers I need. I am sure with whoever has been reading my recent posts that they wouldn’t like me to stop looking either. I will bring justice for Carly and her grieving mother. I know that the government has something to do with this. I have got some feedback saying that the bridge might have another tape possibly. To my surprise there was and I just listened to it. I’ll replay it for you.
[Play]
“Hello… I don’t have much time to say what I need to say. I recently found something and it needs to be shared with the world. My name is Carly Johnson…”
“They are really close right now… I can see their flashlights through the trees. I am under some type of bridge.”
“I have recently come upon a file that was on a USB which was sent to my house…. Its title is Project Sight and the public needs to be aware of what I found.”
“It has many many documents containing all sorts of stuff including Area 51, The Roswell Incident, and various pictures of these very tall what seems to be creatures. So many classified documents on this file.
“I have made a backup of the file and it is located in my g---
[Cuts out]
Well shit, we finally know what we are dealing with. They brought out the FBI because it is a national threat which is out there on that USB. What was she about to say… she cut out saying something that started with a g but I have no clue. I am going to need help with this one. Please give me your thoughts on where she may have hid the backup. I have a feeling that they will find it before I do. I need to find that USB before it gets destroyed. I am not staying another night at this motel. I am going to switch it up so it is hard to track my footprints. I will be ok with my funds for now because I transferred what I had left in my savings and converted it into bitcoin. Hopefully I don’t have to explain why I did that. Once I am done packing up here and on the road I will proceed with another update.
Update 6
I stopped at a local convenience store near me and got myself some snacks and water for the road. This blue raspberry Slurpee is pretty good right now. I wanted to go to a local library to proceed with my updates but none of them are open because of this whole quarantine thing. I am probably better off in the motels though. I backed up the tape to my USB and set a password on it so no one can access it. I most likely am a current threat to the FBI so I don’t know how long I will have to stay moving. My plan is eventually to bunker down somewhere but until then I need to keep moving. I also have this cheap laptop I brought to access files that I cant on my phone. I was looking more into Carly's assets through some public info websites and such, you can use Whitepages plus to get a lot on someone. You can access background checks and look into someone's past, It is pretty crazy what you can get on someone. I also was looking through her Facebook and found an older post with her dad working on a project car. Looks like one of those storage garages that you can rent. She doesn’t post much. All family related stuff and a couple friends. Guess she kept more to herself. I am curious about when she said it was called Project Sight. Why would they call this file that in specific? Who knows. Do you think it would be a good idea to talk to her mom? Probably not, now that I am thinking of it. The FBI is probably all over her house. Hmm wait a minute, I remember that her mother had a Facebook page. Maybe I’ll send her a message where we could maybe meet up or something in private. She probably would give insight on what Carly said on the tape. I pulled into a parking lot that seems to be pretty empty. I want to try and take a nap and maybe wake up with a new idea or something.
Update 7
Fuck me. A cop just woke me up by knocking on my window…
“Hello officer, is there a problem?”
“I don’t think there has to be one, are you a little tired?”
“Yeah, I pulled over in this parking lot to clear my head and take a little nap.”
“Gotcha, you got any Identification on you?”
“Yes sir, can I grab it out of my glove box?”
“Yes, just no sudden movements.”
“OK, here is my registration and proof of insurance as well as my I.D.”
“Thanks for being so cooperative, let me run your stuff and you’ll be on your way shortly.”
He went back to his vehicle and I don’t know what he is going to find. What if the FBI put a warrant out for me or something?! I am probably just super anxious because of this situation. They want to keep everything top secret so they won't involve the police. He just got out and is walking back now.
“Here you are *hands back documents*.... You're a little ways from home aren’t you?
“Yeah, my Aunt lives out here and I came out to visit her.”
“Alrighty, I don’t see a need to cite you or anything so I’ll leave you with a verbal warning so just try to sleep somewhere else next time … OK? “Thank you again… have a good one.”
Well that could have gone a lot worse. I looked up the mother's address and it is only an hour from me. I am going to call her by the name Catie from now on. I made a Facebook account with this burner and messaged Catie on messenger saying “I know what happened to your daughter Carly… they faked it.” [SENT] Hopefully she sees this soon and we can chat a little bit and hopefully it helps to find that backup.
Update 8
So she read my message a moment ago and responded with “Who are you?” I responded with “Meet me at the Franksville park in 20 minutes, I am here to help not hurt. Please do not bring the police… they covered this up.” I am already parked here where I can see the parking lot but no one will be able to clearly see me staking it out. If the police roll up to the park I will exit through the back. If she comes and she is in a black jeep then I will text her again telling her to go to the bench across from her and wait for me. Hopefully all goes to plan.
[20 minutes later]
Great, she just pulled up and no cops. I messaged her the message and am waiting for her to do as directed. I talked to her for a while, probably a good half hour. I wrote down what I thought were the most important things she said.
“Father was a military officer”
“Dropped out of college”
“Top of her class”
“Public storage garage”
“Police searched Carly's house without proper consent”
“Computer and journal missing”
This was the farthest I have been in this case. Now that whoever is watching just know that I am currently one step ahead of you in every way now. I have developed different plans based on what might happen and every possible outcome and how to counter the bureau. I may not have the man power the FBI does, but I do have more knowledge now. So just know
I am coming for you … I will ruin you.
I am now taking the cellphone battery out and disposing of it. Until the next update….
Goodbye.
-Colin
Update 9
A lot happened yesterday, first of all it was mothers day. I was debating if I should go back to my moms house because someone could be posted out front waiting for me to return. I was wrong and the night went well. I left around 9 pm to find this USB. Someone that wants to remain anonymous direct messaged me and said they thought that the storage unit might be where she put the backup. I looked into it. I knew the number which I will not say for my own protection but Catie gave me the number of the storage garage. She said that she never had the key but she helped enough and that wouldn't be a problem for me. I went to the main office of the storage rentals and bought myself one near Carly's garage. This way I can have access to the property without suspicion. One thing that is really beneficial to having a pass code to the main gate now is that I can come whenever I choose. This place is 24 hour service. OK so now that I have developed a plan on how to get in now, I need to pick her lock.
It should be pretty easy if there are no cameras and if no one is working. I haven't really scoped anything out for assurances but hopefully it all goes to plan. On a side note I have been contacted again by that number, they sent me a picture of my car ... my actual car ... Shit. OK so they most definitely are watching me but that was from last night so I don't know if they are currently. If I do post this post just know that I am safe and have acquired the USB hopefully. I am going to take bolt cutters and a hammer to see if I can just break the tiny lock to get in. I will update you when I am back.
Update 10
OK I am going to choose my next choice of words very carefully. I found what I needed ... what I was looking for, for the last couple of days. I broke into the garage and there was this nice 1976 mustang cobra, what a beautiful car. I turned my phone's flashlight on and looked in the back of the garage. There was this tool box and I looked all through it, but didn't find anything in that. Next, I went to the car and it was open how fortunate ... I looked in the glove box and I found something. It was in this tiny envelope with the envelope saying "Insurance". OK I got what I came for and shut the door to the garage and left. I plugged the USB into my tiny laptop and it came up. First file "Project Sight", I clicked on it and 4 more files came up. 1st "Access point 51 [Classified]", 2nd file "Roswell, New Mexico [Classified]", 3rd file "JPEG File [Classified].
What was on these files I can't really describe. I need a little more time to wrap my head around all this information and figure out what to do with it. The weirdest of them all was the JPEG files, there were at least dozens of pictures that were all super blurry but mostly they all had one similar trait. At least 7 foot tall and a very large round head. They appeared to be a darker gray color and that's about all, The pictures were all in black and white though so that was not helpful. I need to know what to do with this USB. I think I am going to make a back up somewhere and place it somewhere where no one will find it. If these men do come for me I do not want them to win. So I set up some posts that will eventually post automatically within 48 hours of no account activity. I am still posting on a burner phone at the moment. All I ask if I go missing please don't let me end up like Carly. She said that this information needed to be shared with the world. I want to avenge her. The FBI will not get away with this. If these posts get deleted I have set up logs to be saved and they will all be backed up and reposted automatically as well. Nobody can stop that process too.
They know what type of car I drive and where I live. They know I have this classified information and will not stop until they get what they want. I don't want to die. I am scared for my own life and safety of my family at this point in time. At this time I am writing this on my phone, I can see a black SUV parked 4 cars to my left in the Walmart parking lot. It may just be my anxiety but there are two men sitting in the front. I may be dead within the next day or taken. Who put that fucking tape at my dumpster in the beginning? Was it them? Did they watch what I did everyday and find my daily routine and match that to when I would take the trash out? Could they have placed the tape at a spot I could visibly see all on purpose, knowing that I would pick it up and listen to it. All for what though? Why me? What is the point of going after a teenage kid? I might just be going crazy because of all this. I would like to express....
Whatever does happen to me, just know if you do find a cassette tape at the dumpster, don't play it.
Until next update,
-Colin
Note - My automatic posts I have set up go off in the next 48 hours of inactivity of the account. I have hid the USB and a GPS coordinate of where it is hidden will go out to someone that I trust very well.
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