50+ Reasons To Essay Out 'Bitcoin Is Scam In Addition To Fraud' – Chapter[2] R[1-4]

Posted by : Kamis, 16 Agustus 2018

NgeBlog Now - A inquiry tin live described every bit anything backed past times 50+ Reasons To Prove 'Bitcoin Is Scam too Fraud' – Chapter[2] R[1-4]

A inquiry tin live described every bit anything backed past times facts too figures too which connects scattered dots to pull a total picture. It does non necessarily live a obviously classical blank too white PDF file amongst entirely charts too tables.

NgeBlog Now - With these serial of articles, I accept tried my grade best to uncover the cashless agenda behind this complex P2P distributed ledger engineering scientific discipline every bit piece of cake to sympathise every bit possible for the layman.

NgeBlog Now - In Chapter#1 nosotros discussed:

  • History of money from Barter To Bits
  • The key differences betwixt money vs currency vs bitcoin
  • Why Gold is hated past times the banking elite but loved past times the pathetic
  • How Gold measure was adopted, so corrupted too lastly wiped out through the introduction of complimentary floating currencies
  • We exposed the true identity of both Bitcoin too Ethereum creators every bit Nick Szabo – The polymath too caput of the cypherpunks living inwards U.S. of A. of America.
  • We discussed how bitcoin was coded within N.S.A building too the motives behind using Japanese too Russian characters for Bitcoin too Ethereum respectively.
  • We exposed the banking elites involvement inwards funding crypto startups too soundless evolution of the RScoin too FEDcoin.
  • In curt Chapter#1 exposed the cashless gild agenda for a consummate mass surveillance too financial enslavement.
In this chapter nosotros volition hash out why a blockchain technology which should entirely live used for the welfare of mankind is instead used to create:
  1. An inefficient trust-less digital payment organisation that is over 9,000 times slower at maximum capacity compared to traditional payment processing systems similar VISA.
  2. An unloose energy hungry virtual currency which is non entirely a moral poison but every bit good a deadliest environmental poison.
  3. Decentralized cryptocurrencies that are genuinely controlled via centralized exchanges which largely operate exterior the command of fiscal regulators too offering nigh no transparency. Thus leaving cryptocurrencies vulnerable to gaming too manipulation.
  4. A bogus digital currency, whose cost tin be easily manipulated through third-party digital currencies such every bit Tether or through bounty campaigns via speculaton of morally corrupt social media influencers.
  5. A novel bogus fiat currency out of sparse air that does non qualify whatever of the fundamental characteristics of money.
  6. An unregulated, border-less, anonymous too irreversible e-currency that has give-up the ghost the favorite currency of cyber-criminals, drug lords, darknet marketplaces, kid abusers, money launderers too taxation evaders.
  7. An electronic-cash organisation exactly to please the corrupt elite of the gild amongst a so-called deflationary currency (Bitcoin) where the pathetic has literally no adventure of participating thank you lot to its extremely high transaction fees, complex technical pattern too mining monopoly.
  8. A trust-less and lawless currency model which offers opportunities for whatever criminal mindset to easily practise a Pyramid / Ponzi scheme or exit scam (ICO) too larn away easily amongst over $116,000,000 of investors money past times investing zilch to a greater extent than than exactly a cool fancy website amongst simulated promises, infringed whitepaper too stolen photos from LinkedIn profiles.
  9. A ridiculously vulnerable currency that tin live created out of sparse air ($7,000,000 inwards exactly half-dozen months)  past times exactly stealing computational ability (leaching CPU cycles) of infected computers through crypto-mining malware.
  10. An unregulated currency that has literally opened the Gates of Hell. From buying deadly drugs, kid abuse imagery, explosives, to hiring a hitman, Bitcoin has transformed online payments into a child’s play. Thanks to Bitcoin, the darknet marketplaces are booming today amongst nigh each darknet website making over $1,000,000 sales per day. 

This inquiry if read thoroughly, volition bear witness without a unmarried doubt, that if Darknet is the Door to Hell so Bitcoin is its Key.

 

Chapter[2.0]  R[1-4]: 50+ Reasons To Prove 'Bitcoin Is Scam too Fraud'
Chapter[2.1]  R[5-10]: Bitcoin Is Neither Currency Nor Money      
Chapter[2.2]  R[11-12]: Biggest Lie: Bitcoin Transaction Is Cheap too Faster
Chapter[2.3]  R[13]: Two Major Reasons Behind Bitcoin’s Rising Price & Demand 
Chapter[2.4]  R[14]: v Different Bitcoin Forks: Which One Is The Digital Gold?
Chapter[2.5]  R[15]: Bitcoin = Biggest Bubble of All Time
Chapter[2.6]  R[16-19]: If Darknet Is The Door To Hell Then Bitcoin Is Its Key  
Chapter[2.7]  R[20]: Bitcoin’s Biggest Promoter McAfee, Is An Accused Rapist too Murderer
Chapter[2.8]  R[21-22]: Bitcoin Is The Most Insecure Currency Ever Created In History
Chapter[2.9] R[23]: Bitcoin Is Easily hacked: Complete List of Cryptocurrency Hacks [2011-2018]
Chapter[2.10] R[24]: Malware Is Easily Injected In Bitcoin’s Blockchain
Chapter[2.11] R[25]: Biggest Myth: 51% assault Is Impossible & Bitcoin Is Unstoppable
Chapter[2.12] R[26]: ICO Means 'Best Exit Scam': H5N1 Criminal's Guide To Become a Millionaire
Chapter[2.13] R[27]: Crypto Exchanges are Mostly Scammers - List of all Hacked Exchanges [2011-2018]
Chapter[2.14] R[28]: Bitcoin Mining Favors The Rich too Criminals
Chapter[2.15] R[29]: Comparing Bitcoin Mining To Gold Mining Is Ignorance
Chapter[2.16] R[30]: Bitcoin Is a Deadliest Environmental Poison
Chapter[2.17] R[31]: Bitcoin Confiscation & The Executive Order 6102 of 1933
Chapter[2.18] R[32]: Bitcoin Creators Hate 'United Future World Currency'
Chapter[2.19] R[33]: WannaCry Ransomware Attack Was Launched past times N.S.A every bit Bitcoin Publicity Stunt
Chapter[2.20] R[34-39]: Strong Reasons How NSA too FBI Are Promoting Bitcoin Adoption
Chapter[2.21] R[40-44]: Economists Call Bitcoin a Joke too Greater Fool Theory
Chapter[2.22] R[45-47]: Online Retailers Don’t Consider Bitcoin every bit Medium of Exchange
Chapter[2.23] R[48]: Bitcoin Is Advertised Heavily To Increase Its Adoption Rate
Chapter[2.24] R[49-50]: Bitcoin Victims End Up Signing Petitions For Help

Reason[1]: 1% Owns 90% of all Bitcoin Wealth

  1. Paper Currencies too Banks are the First Corporate Scam.
    — 1% owns 50% of all Word Wealth - Chapter#1, I mentioned categorically that the principal aim behind creating Bitcoin is to role Artificial Intelligence (AI) too Data mining to written report human reaction towards a cashless monetary system via a lawless / trustless (decentralized) Peer-to-Peer electronic cash system too Immutable (Un-editable) Blockchain engineering scientific discipline on its initial testing phase.

    ULTIMATE GOAL BEHIND BITCOIN:
    1. Executing the Cashless Society Agenda past times imposing Centralized Fiat Cryptocurrencies issued past times key banks for Absolute Financial Enslavement.
    2. Using Editable Blockchain technology along amongst Biometric technologies (using Iris scanning initially too gradually moving to RFID surgical chip implants from 2020 onwards) for creating Universal Digital Identity (UDI) to tape general data of every living human beingness from birth to death for mass population surveillance too thence Absolute State Domination.

    NgeBlog Now - I volition emphasize i time to a greater extent than that none of these goals volition live implemented past times forcefulness because the Cashless Society Agenda is implemented through mind programming to convince people that such technologies is inwards their ain self-interest too may fifty-fifty deliver personal benefits. People volition live brainwashed plenty to demand it themselves inwards close hereafter every bit seen amongst Syrian Refugees.

    Then I discussed inwards item inwards Chapter[1.12] past times disclosing the silent convergence of events betwixt Bitcoin, RFID, Blockchain too Cashless Society agenda too how Accenture too Rockefeller Foundation is funding ID2020 to identify too track every living human beingness via blockchain technology earlier 2020 and via RFID chips earlier 2030 respectively.

    NgeBlog Now - They accept collected plenty information through cryptocurrencies to written report human conduct online to a cashless economic scheme but earlier executing the bigger innovation offline, they are experimenting amongst smaller groups of humans first.

    100% Pakistani crypto users I met don't fifty-fifty know that the first ever working model of a bio-metric electronic currency on ethereum blockchain was tested inwards Pakistan!

    NgeBlog Now - In chapter[1.12] you lot read how UN’s World Food Program (WFP) is using iris-scanning combined amongst ethereum blockchain engineering scientific discipline to allow Syrian refugees inwards Jordan to purchase nutrient without using local newspaper currency, the Jordanian Dinar but past times using digital tokens or digital vouchers on 200 retail stores.