4 Comments

El Salvador Bitcoin is no longer legal tender in the country.

Bitcoin is NSA it is a Ponzi scheme.

The patent NSA Patent (US6829355B2) for the SHA-256 algorithm was filed by the NSA on March 5th, 2001, listing Glenn M Lilly NSA Employee as the inventor.

The patent was granted and published on December 7th, 2004.

The U.S. government would never back or be a promoter of Bitcoin belonging to an anonymous make-believe figure who also would never create an ETF backed by a person they do not know and pretend in the fairytale Bitcoin.

That is because the U.S. government created Bitcoin.

The goal is to drain your real wealth before the last FAKE Bitcoin is claimed to exist then all fictitious owners of Bitcoin find out they are SCREWED....

In the year 2100, the whales notice that the mining reward is basically zero, and there are fewer and fewer transactions happening on the slow, expensive, zero-privacy BTC network.

So they decide to simplify and save money by shutting it down.

One by one, they shut down the “bridges” that move BTC between chains.

 Then they burn any BTC locked on the BTC chain by sending it to the 0x000… address, to make sure nobody can ever spend it on the BTC network.

Eventually, zero new BTC is being produced on the BTC network, and zero BTC circulating on the BTC network. 

There is nothing left to secure, and the chain stops.

Expand full comment

El Salvador Bitcoin is no longer legal tender in the country.

Bitcoin is NSA it is a Ponzi scheme.

The patent NSA Patent (US6829355B2) for the SHA-256 algorithm was filed by the NSA on March 5th, 2001, listing Glenn M Lilly NSA Employee as the inventor.

The patent was granted and published on December 7th, 2004.

The U.S. government would never back or be a promoter of Bitcoin belonging to an anonymous make-believe figure who also would never create an ETF backed by a person they do not know and pretend in the fairytale Bitcoin.

That is because the U.S. government created Bitcoin.

The goal is to drain your real wealth before the last FAKE Bitcoin is claimed to exist then all fictitious owners of Bitcoin find out they are SCREWED....

In the year 2100, the whales notice that the mining reward is basically zero, and there are fewer and fewer transactions happening on the slow, expensive, zero-privacy BTC network.

So they decide to simplify and save money by shutting it down.

One by one, they shut down the “bridges” that move BTC between chains.

 Then they burn any BTC locked on the BTC chain by sending it to the 0x000… address, to make sure nobody can ever spend it on the BTC network.

Eventually, zero new BTC is being produced on the BTC network, and zero BTC circulating on the BTC network. 

There is nothing left to secure, and the chain stops.

Expand full comment

The Man Who Really Created Bitcoin Understanding The (NSA) SHA-256 Algorithm Bitcoin The Man Who Really Created Bitcoin

 Gavin Andresen 

https://en.m.wikipedia.org/wiki/Gavin_Andresen 

Bitcoin has only 3 big holders that "manipulate"

Bitcoin Prices.

1. BlackRock 

https://www.coindesk.com/markets/2024/05/29/blackrock-takes-the-crown-for-the-largest-spot-bitcoin-etf-from-grayscale/

2. US Government 

https://www.forbes.com/sites/michaeldelcastillo/2023/06/16/us-government-owns-way-more-bitcoin-than-any-other-countryso-why-arent-they-selling-it/

3.Microstrategeies

https://www.microstrategy.com/press/microstrategy-acquires-additional-11931-bitcoins-and-now-holds-226331-btc_06-20-2024

 El Savador:

 https://www.coindesk.com/business/2021/10/29/identity-thieves-exploit-el-salvadors-chivo-bitcoin-wallets-setup-process/ 

El Savador: The government opened a digital wallet called Chivo, and gave every citizen the equivalent of $30 in bitcoin. But hundreds of the Chivo accounts were hacked, and the money was stolen along with the account owner’s identity. 

* Bitcoin is designed by the (NSA) to suck fiat money from the system to remove privacy and 

freedom which the dollars give anonymous transactions like Gold and Silver

Who is Gavin Andresen? 

https://beincrypto.com/satoshi-nakamoto-speculation-cia-bitcoin-creator/ 

The (NSA) and Bitcoin: Origins of the SHA-256 Hashing Algorithm

 https://supra.com/academy/the-nsa-and-bitcoin-origins-of-the-sha-256-hashing-algorithm/ 

Guess What? Bitcoin Isn’t 

Decentralized

 https://medium.com/hackernoon/guess-what-bitcoin-isnt-decentralized-ecab67de653d 

Bitcoin’s network around (4 miners) have the same power. This boils down to an unfortunate truth: Crypto assets are not as decentralized 

Gary Gensler Says Bitcoin Is ‘Ransomware’ and ‘Not  Decentralized’ 

https://dailyhodl.com/2024/02/14/gary-gensler-says-bitcoin-is-token-of-choice-for-ransomware-and-not-that-decentralized/ 

The Chair of the U.S. The Securities and Exchange Commission (SEC) says Bitcoin (BTC) isn’t as decentralized as the public believes. 

 GAVIN ANDRESEN JUNE 8, 2022 Reasonable People Can Disagree 

http://gavinandresen.ninja/

GAVIN ANDRESEN

http://gavinandresen.ninja/a-possible-btc-future

@gavinandresen

SEPTEMBER 21, 2021

A Possible BTC Future

Bitcoins 3 big holders that manipulate Bitcoin Prices.

1. BlackRock

2. US Government

3. Microstrategeies

The transactions that do occur on the main BTC network are high-value, mostly between super-whale-size holders (centralized exchanges, central banks, and the decentralized multiparty computation addresses that hold all the wrapped coins).

These whales maintain the BTC network FOREVER. They are the miners and the transaction creators; they don’t care how high transaction fees go, because they receive as many fees as they pay.

In the year 2100 the whales notice that the mining reward is basically zero, and there are fewer and fewer transactions happening on the slow, expensive, zero-privacy BTC network. So they decide to simplify and save money by shutting it down.

One by one, they shutdown the “bridges” that move BTC between chains. Then they burn any BTC locked on the BTC chain by sending it to the 0x000… address, to make sure nobody can ever spend it on the BTC network.

Eventually, there are zero new BTC being produced on the BTC network, and zero BTC circulating on the BTC network. There is nothing left to secure, and the chain stops.

Expand full comment