Hidden Secrets of Money, Episode 8: The Crypto Revolution

2 years ago
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Today, mankind stands at a crossroads, and the path that humanity chooses may have a greater impact on our freedom and prosperity than any event in history.

In 2008, a new technology was introduced that is so important that its destiny and the destiny of mankind are inextricably interlinked.

It is so powerful that if captured and controlled it could enslave all of humanity, but if allowed to remain free and flourish, it could foster unimaginable levels of peace and prosperity.

It has the power to replace all financial systems globally, to supplant 90% of Wall Street and to provide some functions of government.

It has no agenda. It's always fair and impartial. It cannot be manipulated, subverted, corrupted, or cheated, and it inverts the power structure and places control of one's destiny in the hands of the individual.

In the future, when we look back at the 2.6 million year timeline of human development and the major turning points that led to modern civilization, such as the following:

Mastery of agriculture
Domestication of animals
Invention of the wheel
Harnessing of electricity
Splitting of the atom
Emergence of computers and the Internet

This new technology will be looked upon as a single event — a turning point that will change the course of human history.

It's called full consensus distributed ledger technology, and so far, its major use has been for cryptocurrencies such as Bitcoin, but its potential goes far, far beyond that.

We could be on the verge of a paradigm shift in currency and trade that could put places like the Federal Reserve and other central banks out of business.

In our fourth episode of hidden secrets of money we called upon the viewers to join a discussion to develop a new world monetary system, and the people that put forth the most logical and compelling arguments were the cryptocurrency and Bitcoin people.

So Mike has spent the past several years learning about the technology that enables these cryptocurrencies to function.

In this episode of Hidden Secrets of Money, we’re going to follow along on Mike’s multi-year journey to understanding Bitcoin and the fascinating technology that allows it to function.

NOTA BENE

We also have reason to be suspicious towards the entire Crypto Currency movement. According to a September 14, 2013 article, "Bitcoins - Secured by NSA designed Encryption or Backdoored?"

"It's been some time now, since Edward Snowden started telling the world about the National Security Agency's mass surveillance of global communications.

After a report that the National Security Agency has leveraged its cooperative relationships with specific industry partners to insert vulnerabilities into Internet security products.

Bitcoin, a virtual currency, a peer-to-peer electronic cash system, which is generated on a logarithmic scale by dedicated miners who run software that generate the complex hash codes which make up a Bitcoin.

The integrity of Bitcoin depends on a hash function called SHA-256, which was designed by the NSA and published by the National Institute for Standards and Technology (NIST).

Is it hard to believe that could the intelligence community have a secret exploit for Bitcoin? While there is no evidence yet to support the speculation.

"If you assume that the NSA did something to SHA-256, which no outside researcher has detected, what you get is the ability, with credible and detectable action, they would be able to forge transactions. The really scary thing is somebody finds a way to find collisions in SHA-256 really fast without brute-forcing it or using lots of hardware and then they take control of the network." Cryptography researcher Matthew D. Green of Johns Hopkins University said.

Bitcoin has recently added in the watchlist of the New York Department of Financial Services, the California Department of Financial Institutions and U.S Government is asking all intelligence agencies for information on how it plans to deal with Bitcoin.

The NSA apparently possesses groundbreaking capabilities against encrypted voice and text communication and has invested billions of dollars since 2000 to make nearly everyone's secrets available for government consumption by cracking every encryption. But we don't know precisely how much, maybe including Bitcoin too?

Last month, we reported an Android security vulnerability which resulted in the theft of coins, because of Weak random number generators (RNGs) was implicated in Bitcoin. Is it possible that this vulnerability was known to be weak by the NSA, and that bitcoin thieves simply stumbled upon the security hole first?

"Bitcoin was the last thing on which I trusted blindly over the internet and If someday another Snowden will reveal that this really happens, I would just switch off my life from the Digital World.", Aman Srivastava, Bitcoin user of the Silk Road and other underground marketplaces.

Even today it's too early to come to conclusions about Bitcoin. Possibly it was designed from day one as a tool to help maintain control of the money supplies of the world.
Further, cryptographers at John Hopkins University are creating a another anonymous system called Zerocoin that would be a Inception like an alternative currency to the Bitcoin."

We must be VERY aware, that the so called "Internet", originated as ARPA net, and was later renamed in DARPA net. DARPA is another topic, but let it suffice to know that DARPA is the technocrat globalist cabal corporation that drives all the diabolic technocrat developments in the world!!

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