• Quote of the week

    “IN ORDER TO PUT PUBLIC OPINION INTO OUR HANDS WE MUST BRING IT INTO A STATE OF BEWILDERMENT BY GIVING EXPRESSION FROM ALL SIDES TO SO MANY CONTRADICTORY OPINIONS AND FOR SUCH LENGTH OF TIME AS WILL SUFFICE TO MAKE THE "GOYIM" LOSE THEIR HEADS IN THE LABYRINTH AND COME TO SEE THAT THE BEST THING IS TO HAVE NO OPINION OF ANY KIND IN MATTERS POLITICAL, which it is not given to the public to understand, because they are understood only by him who guides the public. This is the first secret.”
    — The Protocols of the Learned Elders of Zion Protocol 5: Despotism and Modern Progress

    Past Quotes of the Week

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

Similar Posts:

  • Your online freedom is just seconds away.

    Buy VPN with Bitcoin, PayPal, Credit Card | Get Your First 30 Days FREE

  • Famous Quotes In History

    "I think the subject which will be of most importance politically is mass psychology....Although this science will be diligently studied, it will be rigidly confined to the governing class. The populace will not be allowed to know how its convictions were generated."
    -- Bertrand Russell in The Impact of Science on Society  
     
    “Beware the leader who bangs the drums of war in order to whip the citizenry into a patriotic fervor, for patriotism is indeed a double-edged sword. It both emboldens the blood, just as it narrows the mind. And when the drums of war have reached a fever pitch and the blood boils with hate and the mind has closed, the leader will have no need in seizing the rights of the citizenry. Rather, the citizenry, infused with fear and blinded by patriotism, will offer up all of their rights unto the leader and gladly so. How do I know? For this is what I have done. And I am Caesar.”
    – Julius Caesar  
     
    Past Famous Quotes | Archive