• Quote of the week

    Now I will tell you the answer to my question. It is this. The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power. Not wealth or luxury or long life or happiness: only power, pure power. What pure power means you will understand presently. We are different from all the oligarchies of the past, in that we know what we are doing…. We know that no one ever seizes power with the intention of relinquishing it. Power is not a means, it is an end. One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship. The object of persecution is persecution. The object of torture is torture. The object of power is power.
    — George Orwell 1984

Ethereum Creator Asks “Do Rothschilds Control Cryptocurrencies?” | Zero Hedge

In December, the Rothschild family reportedly purchased bitcoin exposure, via the Grayscale Bitcoin Trust, for the first time. They were not alone as later in the year, as we detailed here, Venrock, the official venture capital arm of the Rockefeller family, has partnered with crypto investment group Coinfund to support cryptocurrency and Blockchain business innovation, Fortune reported April 6.

So the involvement of some of the oldest-money-families in the world in what Warren Buffett and Charlie Munger call “unproductive turds” has raised more than few questions about whether the Rothschilds and the like can control crytpocurrencies.

The conspiracy theories around Rothschilds’ cryptocurrency control are being heated up by a 1988 publication in The Economist, a magazine controlled by the family.

Thirty years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favored by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century…

The biggest change in the new world economy since the early 1970’s is that flows of money have replaced trade in goods as the force that drives exchange rates…

The alternative – to preserve policymaking autonomy- would involve a new proliferation of truly draconian controls on trade and capital flows. This course offers governments a splendid time. They could manage exchange-rate movements, deploy monetary and fiscal policy without inhibition, and tackle the resulting bursts of inflation with prices and incomes polices. It is a growth-crippling prospect.

Pencil in the phoenix for around 2018, and welcome it when it comes.”

And now, as RT reports, the founder of the world’s second biggest cryptocurrency Ethereum, Vitalik Buterin, has questioned whether the Rothschild conspiracy theory extends to digital money.

“Are ‘the Rothschilds’ even well-coordinated enough to be worth caring about as a group these days?” Buterin asked on Reddit.

Buterin raised the issue as cryptocurrency enthusiasts are discussing the opaque IMMO blockchain project the banking dynasty is reportedly investing in.

Reports about IMMO first surfaced in the local cryptocurrency industry press last week. While all information is based on rumors and leaked information, the crypto-society has said it can be a digital token backed by natural resources like gold or somehow related to real estate.

The project is reported to be watched personally by Alexandre de Rothschild, the newly-appointed head of the family’s banking dynasty.

After fielding responses from Reddit users about the knock-on effect for sentiment regarding cryptocurrency should the rumors be true, Buterin, however, remained unconvinced of the Rothschild dynasty’s providence.

“[M]y updated view after seeing the replies is that they are just people born into various old-money-type high-society positions, and the theories that they are anything beyond that are fairly baseless,” he added in a later edition of his original post.

Will we ever really know?

 

Source: Ethereum Creator Asks “Do Rothschilds Control Cryptocurrencies?” | Zero Hedge

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  • Famous Quotes In History

    By 1850, the House of Rothschild represented more wealth than all the families of Europe. Shortly after he formed the Bank of England, William Patterson lost control of it to Nathan Rothschild and here is how he did it:

    “Nathan Rothschild was an observer on the day the Duke of Wellington defeated Napoleon at Waterloo, Belgium. He knew that with this information he could make a fortune. He later paid a sailor a big fee to take him across the English Channel in bad weather. The news of Napoleon’s defeat would take a while to hit England. When Nathan arrived in London, he began selling securities and bonds in a panic. The other investors were deceived into believing that Napoleon won the war and was eyeing England so they began to sell their securities too. What they were unaware of is that Rothschild’s agents were buying all the securities that were being sold in panic. In one day, the Rothschild fortune grew by one million pounds. They literally bought control of England for a few cents on the dollar. The same way the Rockefeller’s went into Japan after World War 2 and bought everything 10 cents on the dollar. SONY=Standard Oil New York, a Rockefeller Company.”

    — Dr. Ken Matto (History of Lies, Thievery, and Deceit)

     

    “All our law is private law, written by The National Law Institute, Law Professors, and the Bar Association, the Agents of Foreign Banking interests. They have come to this position of writing the law by fraudulently deleting the “Titles of Nobility and Honour” Thirteenth Amendment from the Constitution for the United States, creating an oligarchy of Lawyers and Bankers controlling all three branches of our government. Most of our law comes directly through the Hague or the U.N. Almost all U.N. treaties have been codified into the U.S. codes. That’s where all our educational programs originate. The U.N. controls our education system. The Federal Register Act was created by Pres. Roosevelt in 1935. Title 3 sec. 301 et seq. by Executive Order. He gave himself the power to create federal agencies and appoint a head of the agency. He then re-delegated his authority to make law (statutory regulations) to those agency heads. One big problem there, the president has no constitutional authority to make law. Under the Constitution re-delegation of delegated authority is a felony breach. The president then gave the agencies the authority to tax. We now have government by appointment running this country. This is the shadow government sometimes spoken about, but never referred to as government by appointment. This type of government represents taxation without representation. Perhaps this is why some people believe the Constitution was suspended. It wasn’t suspended, it was buried in bureaucratic red tape.”
    — David M. Dodge

    ” I know that most men, including those at ease with problems of the greatest complexity, can seldom accept even the simplest and most obvious truth if it be such as would oblige them to admit the falsity of conclusions which they have delighted in explaining to colleagues, which they have proudly taught to others, and which they have woven, thread by thread, into the fabric of their lives. ”
    — Leo Tolstoy

     

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