Klause Schwab is behind ALL crypto. He runs an organization (World Economic Forum) which has 1000 members who make at least 5 billion in revenue per year. All these members control various parts of the economic world including crypto.
Schwab is also part of the NWO setup. He is a Rothschild. He seeks a 1 world Gov controlled by him and his colleagues under Totalitarian rule. 1 of the parts of the NWO is crypto connected to a microchip injected into the skin. Here's why:
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Believe it or not, Crypto is NOT just a peer to peer system. The bankers have full control over it and can turn off your spending ability at will if they don't want you to shop at certain places or if they seek to punish you. They can also prevent you from accepting money if they want to punish you or don't want people buying your goods. Yes, they can do the same with debit but the alternative to debit is real cash dollars. They can't stop cash exchanges. If they try to cut people's debit spending, they will just jump to cash.
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Doing all this will naturally cause people to become more loyal to the deep state out of fear of being shut off.
It's as simple as that. They will pretend to be against it by sending out shills to promote it all over the net on One hand. On the other hand, they will promote it themselves using their systems like Paypal or even in Sporting events.
They plan on killing fiat to force people to make a jump. They hope to steer us into crypto but we must move towards gold and silver coins. All wire transfers have to be done in a Western Union type of place where purchases made by wire are picked up daily for a small fee (ie 1%). People need to learn to keep powerful safes at home. Try to avoid using banks as much as possible.
Bill Cooper predicted all this in the 1990s book Behold A Pale Horse. He says the NSA made crypto to be used just like as I described here.
Once people find out much of the crypto is fraud, the shills will say "Oh, that crypto is fraud, but not this one!". All of them are fraud.
They say it's totally disconnected from the banks and yet bank sites like CoinBase control the sending and receiving. They even put holds on people's crypto like XRP.
The reason Bitcoin went up so high is because the bankers bought out 30% of it while it cost only pennies. Now it's worth $50,000. By owning most of the Bitcoin, they would have a massive advantage over the economy as usual.
The electric grid is also controlled by them so they can shut it off and shut down the economy that way. Also, it uses tons of electricity so electric costs would be sky high.
They also plan to steal people's crypto and blame it hackers. They will say the hackers cracked your passcode and it's your fault for making it too simple. If you make an ultra complex password and lose it, you lose your crypto too.
In the end, it's not worth it. Just use Gold and Silver coins and barter for goods and services.
This is FUD
I'm posting this on /biz so everyone can have a good laugh!
You don't understand crypto, and you value cash, gold and silver...
That's like saying all conspiracy theories are false because some of them are.
Anyone saying that all crypto is bad and controlled is either a shill, or doesn't understand cryptography, blockchains, decentralization, etc.
If you don't like or don't want to understand these things, that's fine, but you shouldn't parrot about shit you don't understand.
They can do it only for their own coins, not the ones people started independently.
There are no any way some third-party could control your crypto except complete shutdown of any communications between people from internet to paper mail.
AFAIK no any bankers crypto got any noticeable popularity. And will never get. That is why they try to heavily push their shitcoins and wrote that all proposals, papers and other stuff.
That is a very obvious thing among them - as they find something they could not control, they push some fancy "alternative". They did it with every technology they can't control. Instant Messengers, when open and uncontrolled jabber/xmpp (and others) was replaced with centralized Whatsapp/Viber/Telegram, e-mail was degenerated to gmail and other shit, even personal web sites was degraded by them to shitty Facebook/Instagram/whatever. Each time they buy a sheeple into their crap by some meaningless "comfort" and bells&whistles. So here we are - they trying to replace independent crypto with their shit. That's all. But that can't prevent sane people from using independent xmpp/tox/e-mail/crypto.
So, don't be a sheeple, don't fall to their FUD and marketing of "new, fancy, comfortable" shit, just continue to use independent technologies.
Even if you don't like some conventional crypto, but need a digital mean of exchange - create your own or choose one you like. And that's all. They could not do anything with it.
That is good thing, really. There are no any need in comformist masses in all that underground stuff, at least for now. From the other side, high entry threshold will force sheeple to use their own brain, with all consequences.
It is a strange sheeple psychology, when something is strongly discouraged/prohibited and a "good" alternative is heavily pushed, initially sheeple massively fall to that alternative and happily eat the shit by buckets, but eventually, they find out that there is something else and it is somehow, by rumors, better and different. In USSR a lot of ordinary and compliant people fall into electronics as hobby, just to build radios to listen that prohibited BBC and Voice of America, or copy western music on tape recorders with decent quality. You know how USSR with all its stupidity, censorship and propagands ended. There was nobody left to keep it running.
I think the same will inevitably happen with all that NWO crap too. But for now, we have to keep all that underground with independent coins, private websites, decentralised messengers, whatever, up and running. There will be an enormous demand eventually.
Venezuelans started bartering because their money is worthless now.
Yes, they are setting up for fiat to collapse. Every country that moves into crypto is a win for the deep state. That is why I do my best to wake people up.