FEMA supervisor Marn’i Washington is taking everyone down with her. Washinton ordered FEMA employees to avoid homes with Trump signs and was promptly fired after her messages were leaked. FEMA swore this was an isolated incident, but Washington insists she has been used as a scapegoat as the corruption was widespread throughout the agency.

Marn’i Washington clearly has no one advising her. She has not issued an apology to the hurricane victims, but rather, she doubled down on her reasoning for abandoning Trump supporters. “FEMA preaches avoidance first, and then de-escalation. This is not isolated. This is a colossal event of avoidance,” Washington said. “Not just in the state of Florida. You will find avoidance in the Carolinas.”

Washington claims that her agency bypassed these homes because it felt conservative culture was a threat. “I have heard from other entities who are serving in North Carolina that there was clear guidance saying to be ‘mindful’ of the types of people who are in Western North Carolina — they’re largely Republican, very conservative — very derogatory sorts of references in their culture,” she told The Post. She insists that Trump supporters were abandoned “for safety precautions,” as Washinton, like so many other Democrats, genuinely believe that the right is composed of deplorables.

FEMA Administrator Deanne Criswell has much to explain next Tuesday when she appears before the House Oversight Committee and House Homeland Security. Criswell claimed that Washington’s directions were an “isolated incident,” but Washington said she had no such authority and her orders came from higher ranking members of the organization.

This is yet another example of the far-left weaponizing a government-funded agency. At their most vulnerable moment, thousands of Americans were left for dead by an agency that they themselves fund. What is more astonishing is the utter lack of empathy. The propaganda was effective, and a large portion of the nation STILL believes that right-wingers are the biggest threat to democracy to the point that their lives do not matter.

The Democrats are in a bear market trend, and they have failed to comprehend that their policies are anti-free society and human nature. The major peak for the Democrats, measured as a percent of the combined Senate and House, was 1823, when they were part of Slavery. Then, it collapsed into the late 19th century and rose, initially championing state’s rights, but then was dominated by the Silver Democrats trying to inflate their way to prosperity. That collapsed once again, and then they switched to Marxism, which won the day with Roosevelt, who recognized Communist Russia and adopted the Marxist agenda, which peaked in 1937.

That Democratic victory in 1937 led to the Stock Market Crash that year as everyone feared a return to the Great Depression. The Democrats have constantly tried to seize control with that agenda of class warfare since 1937. Once they seized power under Biden in 2020, they reached at best 51% compared to Clinton, who had captured 58%. The Biden Administration then adopted the Woke Religion, but even in finance, every company that adopted this new Woke Religion indeed found that Go Woke = Go Broke. Even Disney was forced to shift direction when a family-oriented company turned anti-family, all in the name of this new Woke Religion. In all honesty, the best news for the Republicans is that the Democrats remain clueless as to why they lost so big because they are so deeply brainwashed that they cannot look at themselves even objectively.

The Democrats are so blinded by their hatred of Trump. Their attempt to imprison and discredit him only exposed their internal corruption and moral decay. They were so consumed with hate, throwing his name out 289 at their convention, that they convinced themselves nobody would vote for him. Because they are swamp creatures, they could not see how it was possible that people trusted Trump more than themselves and that he was personally more popular and trustworthy than Kamala.

The Democrats have debased the rule of law and engaged in the same evil that the former king of England loved to do—prosecute political critics. As John Stuart Mill wrote in his On Liberty, the Democrats used the Department of Justice for the sole purpose of Legal Persecution.

 

The Democrats are collapsing, and their failure to understand that they no longer represent the average American with promises of taxing the rich that does nothing for society but put more money in the politician’s pockets. They won only one time with FDR with that Marxist message, and it has been dying ever since. Bernie Sanders came out and slammed the Democrats for at least being objective. He said:

“It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them. While the Democratic leadership defends the status quo, the American people are angry and want change. And they’re right.”

The Democrats are engaging in self-flagellation but refuse to acknowledge that Marxism is dying and that it could not be saved with Wokeness, which was not going over well in the corporate world. The world’s most excellent fund manager who beat even Warren Buffett, Nancy Pelosi, blames Biden for not dropping out sooner. This is like Hillary blaming Putin. Then there are those blaming Kamala and her handlers for spending one billion dollars and trying to dodge serious questions like declining to appear on Joe Rogan’s podcast. Forty-seven million people watched Trump’s 3 hr conversation with Rogan. Kamala owes tens of millions the Democratic Party will now have to pay, and Trump joked about offering to help Kamala pay off her debts.

Then, besides promising to wipe out student loans when only 34% of Americans are college graduates who earn more than the average person their age, it was a slap in the face to the rest of the working class just as opening the border when others had to learn the language and have the skill to get in. They insulted legal immigrants and much of the working class with their student loan push.

Then it came out that Big Pharma had their vaccine ready but withheld it until they knew that Trump would lose the election to give a boost to Biden. Many people lost their jobs refusing to get vaccinated, and now the truth is pouring out in anticipation of RFK. AIDS (Acquired immunodeficiency syndrome) is now surging among people who received COVID mRNA vaccines, as the government data has been forced to admit. The British government’s PHE Vaccine Surveillance Report has revealed that doubly vaccinated 40-70-year-olds have lost 40% of their immune system capability compared to unvaccinated people.

The polls all claimed a landslide for Kamala, as Newsweek reported the prediction of Northwestern University’s Data Scientist Thomas Miller. They were all predicting a Kamala victory right up to the election. Even the New York Times reported in their poll Harris would win.

The fact that the Guardian was offering mental health counseling for their journalists because Trump won demonstrates that they are so biased that to have become just another worthless propaganda mouthpiece for the LEFT agenda.

 

The entire climate change scheme to change the world is rapidly imploding because it has been based on misinformation and outright fraudulent data and theories. The energy agenda is switching from impractical wind generation, which has proven to be more of a scam and solar than a practical alternative agenda.

The Democrat’s Metaverse

 

Those who marvel at the resounding failure of Kamala Harris, despite spending virtually twice as much as Donald Trump as did Hillary Clinton in 2016, fail to grasp that they have been nothing more than pawns in the Neocon agenda of world imperialism. They have been dupped, manipulated, and brainwashed into policies that one can only describe as their atheist new Woke Religion where all the fundamental human values were said not to exist. They discriminated against women, refusing even to define what a woman is. Yet, in the next breath, they proclaim it is a woman’s right to kill her child, with some advocating abortion even upon birth.

They attacked the family unit, seeking to have the state replace the parent. California wanted to charge a parent with abuse for preventing an underage child from having a sex change. The state would then take the child from their parents. These were similar to Stalin’s teachings that the state was the parent, not the biological parents, during the USSR. A child who is incapable of having voluntary sex before 18, lacking experience, can change their sex at 13 without telling the parents.

They promoted homosexuality and abortion solely to reduce the population. Even Justice Ginsberg, who was for women’s rights, stated that Roe vs Wade and the entire ABORTION agenda never had anything to do with women’s rights. It was always about reducing the population.

Meanwhile, Harris pushed the ABORTION issue, promising somehow to restore Roe vs. Wade as if she could do a Constitutional Amendment. This would have taken years and would have required not just both houses to be Democratic but every state to have ratified such an Amendment. There was no possible way she could have accomplished that, and the Democrats knew that was fake news, just as the Republicans could never get a Constitutional Amendment to outlaw ABORTION.

That was Bill Gates’ father’s agenda with Planned Parenthood. Then, it became profitable, even selling stem cells from aborted children. The man who was so concerned about population growth as his father contradicted it and then promoted vaccines to increase the population?

The Billionaire disease is when too much money propels them to think they can change the world, and it is only based upon their biased, uneducated view of humanity and history. Bill Gates quietly donated $50 million to back Kamala Harris to further this agenda of world domination of his vaccines that would conflict with his simultaneous goal to reduce the population. Yet all we hear is how his COVID-19 vaccine has made girls sterile to give youth heart attacks and AIDS – to mention a few. Protests are emerging chanting Gates for Prise.

Bill Gates is viewed as a major threat to humanity by so many. This advocate to reduce the population virtually controls the WHO and wants to dictate to the world with vaccines and lockdowns. This is certainly NOT to help humanity expand.

Then, all white people were racists, and, of course, their globalist metaverse to alter humanity did nothing but divide people and fuel hatred by demanding recognition for absolutely every possible variation of gender, and some states actually outlawed the words father and mother for they may be offensive to an orphan. They went so far to the LEFT with their Woke Religion, becoming totally disconnected from the real world while ignoring the trend in the corporate world: GO WOKE – GO BROKE.

That should have been a clue to all the LEFTIST press who have proven that they are not worth reading anymore. They are the PRAVDA of Marxism. They are also either stupid or bloodthirsty to sell their propaganda, just as Pulitzer did to start the Spanish-American War to sell newspapers. They cherish a Pulitzer Prize, for he made his money with fake news drenched in blood, so he donated his money to create an award for journalism endorsed by a father of Fake News.

Then, the Democrats were taken over by the Neocons, advocating endless wars based on lies. They pretended to create world peace by bombing people into submission as they did in Yugoslavia. Kill all your adversaries; only then will we have peace. I think both Hitler and Napoleon tried to create European peace in that fashion.

The Democrats have refused to acknowledge that their entire Marxist agenda has failed. They have so bought their own political narrative about Trump that trying to label him a felon would surely send people running into their arms. They are not just living in the past when people respected the government and that the rule of law was honest, but they live in their created bubble where they all pat each other on the back in this groupthink support bubble that they cannot see outside their bubble. This is what will destroy the Democratic Party, for like a trader who loses and blames everyone else and continues to make the same decisions, his thinking leads to his bankruptcy by refusing to look at himself in the mirror. This is the fate of the Democratic Party.

 

 

Republicans have won control of the House of Representatives, handing the party a CLEAN SWEEP as Socrates had forecast – the only unbiased forecaster out there. The projection for 2024 was similar to the case of a major victory in 1972, where two models out of six showed a big gap. People have been writing to various media outlets to ask why they will not report how Socrates beat everyone in 2016 and 2024. I seriously doubt they will ever report what Socrates has forecast.

In the 2020 election, the computer showed neck & neck – evenly divided 3 for each candidate.

But in 2016, the computer again forecast that Trump would beat Hillary. It also forecasted that BREXIT would win against every British Newspaper that predicted it would lose. That prompted Nigel Farage to take the stage in 2019 at our Rome conference to say we were the ONLY one who forecast his victory.

Mitch McConnell is a RINO and is a traitor to the people of this country. He staged a COUP against the incoming president and should have been hauled out of the Senate in chains, for he has abused his personal power to try to obstruct what the American people voted for to protect the swamp. Mitch McConnell engineered a coup against Trump’s agenda by calling for early leadership elections in the Senate to ensure that the RINOS would select his replacement to obstruct the American people again as he did throughout the previous Trump Administration.

There were three candidates: Sen. John Cornyn, Sen. John Thune, and Sen. Rick Scott. The one who is the most anti-Trump, John R. Thune of South Dakota, won the election in a secret ballot vote of 29-24. This was done to prevent the new members of the Senate who won on Trump’s coattails from having any say in who would run the Senate. Thune paid only lip service to Trump and will oppose Trump in every way possible to protect the SWAMP. He is another disgrace to the American people and the Republican Party.

Trump is picking his cabinet this time after the first time the RINOS stuffed his cabinet to make sure the NEOCONS would control the agenda. This is how the Economist, the LEFTIST magazine that seems to be trying, like PRAVDA, to remain relevant and keep the one-sided news account going.  Thune will have the power to set the schedule for the Senate, which has sole control over the confirmation of the Cabinet, about 1,200 other high-level government jobs, and a president’s judicial nominees. Personally, I believe there should be a revolution in the Senate against this inherent corruption. We will see just how deep the DEEP STATE really runs when Thune opposes Trump’s cabinet. You would have expected that from a Democrat; this shows how corrupt the RINOS really are.

Never will the press EVER report the truth that it was the RINOS and NEOCONS that previously stuffed Trump’s Cabinet to prevent him from draining the swamp last time. These people want a world where they control what we think and read.

Throughout history there has always been a dominant currency. As each empire became the new financial capital of the world, their currency became the most prized and tended to circulate around the globe into even the fringe economies that they may have never heard of at that moment in time. The dollar is basking in its position as the global reserve currency, for now, but it is crucial to understand what makes a currency the global reserve.

Those who keep preaching the demise of the dollar based on antiquated theories that money must be tangible are living in the old world, where the Earth is still flat. The economy is far more dynamic and has long evolved beyond those primitive ideas. They cannot grasp that since the dollar is the reserve currency, the demand is global and not exclusively domestic.

The United States has NEVER canceled its currency, which is part of what makes it the reserve currency. People crave the USD throughout the world and 70% of physical cash is held outside the country. There is safety in the dollar in comparison to other currencies. It would be a monumental problem to cancel the dollar internationally. I can only see that occurring through war or an event that destabilizes America’s position as the leading global super power.

The title of “reserve currency” has shifted throughout human history. Hence, why we see countless empires and nations imitating currencies. We have discovered ancient Roman coins made in China and there was even the attempt to establish diplomatic relations with China in 180 AD, as the Chinese historical records prove. Rome was very much like the United States today. It was the largest world economy with a huge consumer base. There are countless examples of imitated coinage throughout history.

Rome feasted on Asian imports of spices and fine silk. The Silk Road predates Rome. The emperor would not allow anyone to wear the color purple, also an import from Asia. There was trade between East and West well before the rise of the Greeks. This is why we find imitations of Greek and Roman coins made in distant lands. These are not attempts to counterfeit but to expand the local supply of such foreign coins that became popular.

The US dollar has filled that same role. When communism fell, dollars became Russia and China’s number one circulating medium of exchange. There were even Congressional hearings on the exportation of dollars to foreign lands. History repeats because the passions driving mankind never change.

It became the dollarization of the world economy just as it had been in ancient times with every dominant economy. The dollar became globalized in part because the US never canceled its currency, as was the routine case in Europe. Why have nations canceled their currencies? Primarily to force citizens to come forth with all they have and force them to pay more in taxes.

Dollars were shipped out of the  United States in record amounts, not only through transactions in the drug trade and illegal economy but also through the Federal Reserve Bank of New York, in collaboration with Citibank and  Republic National Bank of New York of Edmond Safra. The US supply of physical dollar bills was $348 billion, but the hoopla was claiming $190 billion had left the United States. Prior to the collapse of communism in 1989, the amount of dollars outside the US in physical form was about $80 billion.

At the time, about $20 billion in physical US dollars were in Argentina as people there did not trust the government and preferred dollars. Dollars accounted for 70% of Bolivia’s money supply during the 1980s. Dollars were being hoarded everywhere. They were in the black market in Vietnam for nearly a decade after the Americans left. Business Week Magazine reported in its Aug. 9, 1993 issue that there may be as many as $20 billion in physical US dollars in Russia. All of this was cast as some giant conspiracy of the United States to take over the economy somehow worldwide. The imagination knows no bounds.

The United States wants to eliminate cash so it can collect every penny it imagines is missing from its revenue expectations. If we are ever going to revise the world monetary system, we have to stop the nonsense of picking pieces from history to support predetermined ideas and just follow the facts to understand how this functions. The Marxist approach was to dictate how the economy should function in his mind and force that to take place by political decree.

Keynes adopted that concept, and it is still with us today, manifesting in every corner based upon predetermined biases. Keynesian economics is DEAD. The dollar is by no means going to fade away. China will not immediately replace the dollar as a reserve currency until debt is no longer used as reserves by nations. There is a separate and distinct difference between the currency being used in trade and the currency being used to store wealth. They do not have to be the same thing; they are entirely two different animals.

Until debt ceases to be money that pays interest, the dollar will not vanish as a reserve currency. Even when China becomes the largest economy, it will not displace the “reserve” status of the dollar until there is a deep market to park cash. That is separate and distinct from trade being conducted in a variety of currencies. We MUST revise the world monetary system. When we reach that point, then we can deal with creating an alternative for a “reserve” currency that is entirely distinct from trade currencies.

Incoming border tzar and former director of US Immigration and Customs Enforcement (ICE) Tom Homan will lead the “zero tolerance” efforts for illegal migration. Legal immigrants are safe, despite the media’s claims. When asked if it were possible to carry out deportation efforts without separating families, Homan replied: “Of course there is. Families can be deported together.”

Immigrant advocacy group, the American Immigration Council believes it will cost $968 billion to deport 13 million immigrants over the next decade. Well, remember when Trump asked for a significantly smaller sum to build a wall and secure the border? The cost of permitting migrants to stay is astronomical as US citizens are currently paying for tens of millions of people to live taxpayer-subsidized lives, and the Democrats had no plans for those free checks to cease.

Trump will invoke the 1789 statute called the Alien Enemies Act to rid the nation of all noncitizen gang members and criminals. Homan said that efforts will begin by cracking down on forced labor and sex trafficking. “Where do we find most victims of sex trafficking and forced labor trafficking? At worksites,” Homan said. Is Homan a hardliner? Yes. Will he get the job done? I believe so.

Homan has told Democrats attempting to stop mass deportation efforts to “get the hell out of the way.” They created this crisis and are responsible for what ensues. “If they’re not willing to help, then get the hell out of the way because [Immigration and Customs Enforcement (ICE)] is going to do their job,” Homan, who was acting ICE director during the first Trump administration, told Fox News.

The efforts will be targeted and deliberate. There will not be a mass sweep of neighborhoods or raids. The claims of detention camps are fake news. Homan said the extent of the initial deportation efforts depends on funding.

“As a guy who spent 34 years deporting illegal aliens, I got a message to the millions of illegal aliens that Joe Biden’s released in our country in violation of federal law: you better start packing now – you’re damn right – because you’re going home,” Homan told a crowd. “When President Trump gets back in office, he’s going to designate you a terrorist organization. He’s going to wipe you off the face of the earth. You’re done.” There have already been reports of migrant caravans en route to America turning around because they know they are no longer welcome here. The border is closing in January.

As we saw in Italy, where Meloni needed the cooperation of African nations, Trump will need the cooperation of foreign leaders to prevent the inflow of migrants. Other nations must be willing to take back their citizens who falsely claimed asylum.

The biggest obstacle, of course, will be the far left, which ignores economics and believes the taxpayers can continue to support an endless inflow of migrants. These people have ignored the stark uptick in crime carried out by migrants. They ignore the fact that nations have emptied their prisons and sent the worst among them to America. The cries are now saying that people “don’t want grandma deported” and that although Americans voted for closed borders, they are not prepared to separate families. It is unfortunate that the Democrats told the WORLD that they should flock to the United States, completely ignoring our laws and national security. The left used them as pawns, and unfortunately, the rouse is over.

Legal immigration is permitted and encouraged. Trump is married to an immigrant from a communist nation for crying out loud. Law and order must be re-established in this nation, beginning by securing the border to make America safe again.

 

Donald J. Trump believes protecting the First Amendment is a matter of “victory or death” for America and the survival of American civilization itself. Trump has vowed to take down the censorship cartels that have been manipulating our access to information and shunning Americans from exercising their constitutional right to free speech.

Within hours of taking office, Donald Trump will issue an executive order banning Federal agencies from colluding to ban free speech or labeling speech as “misinformation.” EVERY bureaucrat found guilty of engaging in speech suppression directly or indirectly will be fired. Trump will order the Department of Justice to investigate the new online censorship regime that is violating countless US laws.

Trump has long challenged Section 230 as unconstitutional. I would argue that it is unconstitutional as applied and the censorship is in violation of 230(b)

(b)Policy

It is the policy of the United States—

(1)to promote the continued development of the Internet and other interactive computer services and other interactive media;

(2)to preserve the vibrant and competitive free market that presently exists for the Internet and other interactive computer services, unfettered by Federal or State regulation;

(3)to encourage the development of technologies which maximize user control over what information is received by individuals, families, and schools who use the Internet and other interactive computer services;

(4)to remove disincentives for the development and utilization of blocking and filtering technologies that empower parents to restrict their children’s access to objectionable or inappropriate online material; and

(5)to ensure vigorous enforcement of Federal criminal laws to deter and punish trafficking in obscenity, stalking, and

harassment by means of computer.

Trump will break up the entire censorship industry by preventing any organization or university found guilty from receiving access to federal funds. If a university or institution is found guilty of engaging in blacklisting Americans, the will lose all federal support for a minimum of five years.

Federal bureaucrats who partnered with private entities will be prosecuted for depriving Americans of their vote for releasing false or misleading information. Any individual connected with a security agency from the DOJ to the NSA will face a seven-year ban from working at any organization that holds a large amount of US user data.

Perhaps most importantly, Congress must pass a digital bill of rights that includes digital due process. Government officials can no longer ask tech companies to remove content for political gain (see: Hunter laptop, COVID, etc.). Instead, they must receive a court order to remove content. Furthermore, anyone over the age of 18 who is banned from a social media platform must be informed why they received the ban AND have the right to an appeal. Online users may also opt-out of content manipulation and corrupted algorithms that distort information.

Donald Trump has warned companies not to scrub evidence of violating the First Amendment. America was becoming no different than any former Communist regime that suppressed free speech to the point where people could not differentiate real from fake news. We saw countless social platforms fall over the years, conservative voices have been silenced, fake bots infiltrate every corner of social media in support of the radical left, and everyone from Trump himself has been deplatformed for speaking against the establishment. The number of people, institutions, and universities that will come under fire will be astounding. I cannot think of a single major government organization that did not engage in censorship. It is an incredible move in the right direction to make America a free nation once again.

 

The Democrats weaponized the internet and media for political purposes. They were relying on keeping the Great Unwashed uninformed and confused to continue pushing forth their agenda that only benefitted the establishment. Kamala Harris would have issued opposite orders in office to continue weaponizing the worldwide web against the American public. “Oh, how the mighty have fallen!” 

Friedrich Merz (born 1955) is a VERY dangerous Neocon who is the leader of Germany’s Christian Democratic Union (CDU), and is pushing to be the next chancellor in the face of the fallen government.  The government collapsed on the same day Mr. Trump was elected. The press says it was because Trump threatened tariffs that would harm the stuttering German economy. However, the real issue was the end of funding for the Ukraine war against Russia, which could also lead to the USA existing in NATO and the WHO.

Merz came out and said that he would issue a ULTIMATUM to Vladimir Putin if elected, giving him 24 hours to end the war, or else he would hand long-range missiles to Zelensky, who will target Moscoe in this desperate effort to start World War III before Trump takes office. Merz is taking the resistance role against Trump as most members of NATO want World War III to escape debt and believe the Neocon propaganda, making it sound like they can defeat Russia in a few days with no consequences for Europe.

We have a PANIC CYCLE in the German Long Bund in 2025. If Merz gets his way, Germany may be in serious trouble and should prepare for war. The CDU is trying to get Merz elected before the inauguration of Donald Trump in January on Jamuary 20th. 2025. Our computer is warning that February is the primary target for a turning point in 2025. It is looking like war, and under Trump, they should be left on their own, but many will be screaming he is once again just a puppet of Putin.

Merz’s ULTIMATIUM giving Putin 24 hours or else Ukraine can wipe out Moscow is so insane, as if they can destroy Russia, and there will be no retaliation. Under such a ULTIMATUM, Putin would have no choice but to wake up the world and nuke Kyiv once and for all also in 24 hours. Perhaps that is why our computer is showing a flat line in Ukraine. Germany lacks the energy to win a war if liquid gas imports cease to exist.

The LEFT should exist in the USA and follow Trudeau. Perhaps he can then win the next election in the land of the left while BC, with Alberta, can join the USA.

People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My opinion has been unpopular, and clients have walked away due to my stance on crypto. That’s fine, as I am not in this for the money. I can only adequately inform my clients of the unbiased truth and hope that those willing to listen will heed the computer’s warnings.

To begin with, there is much speculation about the founder(s) — Satoshi Nakamoto – who created Bitcoin (BTC) on June 3, 2009. The mystery person or group (or government agency) has been MIA since 2011. Yet 1 million Bitcoins remain in their original account, untouched. His wallet is estimated to be worth over $81 billion at the time of this writing, and if this is indeed an individual, he or she is one of the top 15 richest people in the world. They have never moved a fraction of a BTC from their account. So, one wallet contains 5% of all mined bitcoin. Will this person or entity perpetually hold?

They expect us to believe some mysterious Japanese man created the blockchain technology and simply evaded all world governments. They claim Bitcoin is an anti-government vehicle, but it is a bureaucrat’s dream because it allows them to track where funds are coming from and going. In 1996, the US government released a white paper entitled, “How to make a mint: the cryptography of anonymous electronic cash.” Released by the National Security Agency Office of Information Security Research and Technology, this document explains how a government agency could create something like Bitcoin or another cryptocurrency. They had been attempting to create one for years and then magically Bitcoin came on the scene.

I encourage anyone interested in crypto to read my article regarding this study. Blockchain was created with surveillance at the top of mind.

Bitcoin’s price is akin to the problem that existed when the bubble burst in 1966 with mutual funds because they were listed back then. The value can change at a volatility rate of 10x that of the dollar, making it a highly dangerous instrument as a store of wealth. It is solely a trading vehicle until they weigh it and the value is changed.

In 1966, investors bid the mutual funds up beyond net asset value, so during the crash, people lost everything when they thought it was a secure investment. The net underlying assets may have dropped 20%, but they paid 20% over the net asset value and then sold at 50% of the net asset value. Many mutual funds crashed 70-90%, whereas the Dow drop was 26.5%. Ever since mutual funds have no longer been allowed to be listed. You go in and out at net asset value. Bitcoin must change its structure, or it will never become a valid currency with a stable store of value, which is supposed to be the whole point. It is just an asset class of high volatility.

I have not been bullish on digital currency, as it’s a trading vehicle no different than any other commodity or stock. Sure, a profit could be made, and many have had great success. We do include Bitcoin in our models, and those subscribed to Socrates will see that our arrays are picking up on Bitcoin next year.

Bitcoin is a trading vehicle that is no different from wheat or cattle. It is NOT a store of wealth, as it fluctuates like everything else. It rises and falls no different than any other trading instrument. It is not a “store” of value maintaining some constant value to park your money. We need to get realistic here. The concept of Bitcoin replacing the dollar fails to comprehend what makes something the world’s reserve currency. I will write a piece explaining that aspect since it is crucial to understand.