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bitcoin

09/17/2017 / By Mike Adams

John McAfee accidentally just revealed why Bitcoin is a total fraud: Behold the logic of “artificial work”

In a recent CNBC interview that’s being widely touted by self-deluded Bitcoin promoters as some kind of “smack down” of JP Morgan CEO Jamie Dimon, Bitcoin advocate John McAfee accidentally admitted why Bitcoin is a total fraud that’s doomed to fail. In answering Jamie Dimon’s recent declaration that Bitcoin is a fraud, McAfee replied: (see […]

08/24/2017 / By Rhonda Johansson

The top three LIES that Bitcoin promoters tell themselves to “keep the faith” in their digital Ponzi scheme

When Bitcoin was first launched in 2008, many financial analysts claimed it heralded a new age of economic viability. Crypto-currency, as its name suggested, offered users an entirely digital and anonymous source of income. In the countries that accepted it, bitcoin could be used and traded like actual cash. One of the advantages of bitcoin […]

08/06/2017 / By Ethan Huff

The crypto currency ICO craze smells a whole lot like the dot com bubble

They’re the wave of the future for companies trying to raise capital quickly using digital cryptocurrency rather than traditional fiat. But initial coin offerings, also known as ICOs, are becoming so popular so fast that the concept is starting to look a whole lot like the dot com bubble of the late 1990s, some experts […]

06/15/2017 / By Ethan Huff

Bitcoin will never be used by everyone for the simple reason that public ledgers are NOT desirable by most corporations

So-called “cryptocurrencies” like bitcoin are changing the way that many people conduct business, both online and off. But as the push towards digital cash intensifies, it’s important to remember that not everyone is keen on where things are headed, including corporations that simply don’t want their day-to-day operations publicly shared via the blockchain system upon […]

06/06/2017 / By Mike Adams

From Bitcoin to climate change: The top 10 things you probably believe that are complete bulls##t

Public discourse in our twisted, collapsing society has now devolved to the point where most of what the general public believes is complete bulls##t. The aim of this article, of course is to point out a few of the most impressive bulls##t piles currently occupying the minds of the delusional masses. The “you” in the […]

06/05/2017 / By Mike Adams

Bitcoin “end game” a mathematical certainty even as Japanese and Korean noobs convince kindergarten teachers they’ve stumbled upon a magical source of endless wealth

A quick mathematical analysis of Bitcoin and the world of crypto-currencies: After plunging nearly 30% last week in a severe correction, Bitcoin has since surged back to the $2800 range, this time riding a wave of optimism from Bitcoin noobs in Japan and South Korea who have become irrationally convinced that Bitcoin is a replacement […]

05/24/2017 / By Mike Adams

DO THE MATH: Here’s the rational analysis why 99% of current Bitcoin owners will never be able to sell Bitcoins for anything close to its imagined current value

Disclaimer: I am pro-Bitcoin and pro crypto-currency. For 15 years, I have publicly and repeatedly criticized the central banks, fiat currency systems and the systematic theft of purchasing power from the People by corrupt banking cartels. This is not a hit piece on Bitcoin but rather a rational analysis of why the current Bitcoin BUBBLE […]

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