Crypto in the Hands of Billionaire Philanthropists

Some people saw decentralized Bitcoin as a means to financial freedom and a means to rid ourselves of the fiat currency from the Federal Reserve because we are looking for a way to financial freedom. But what happens when crypto is in the hands of billionaires and billionaire philanthropists?

See this 4-minute YouTube video about the 5 richest people in crypto on this year’s Forbes billionaires list: The Richest Crypto And Bitcoin Billionaires In The World 2024.

For the third year running, Changpeng Zhao, founder and former CEO of crypto exchange Binance, is crypto’s wealthiest person. Despite pleading guilty to U.S. money laundering charges in November, CZ, as he’s known, is now worth an estimated $33 billion, up from $10.5 billion last year. That makes him the biggest crypto gainer in dollar terms since last year and the 50th-wealthiest person in the world. The bulk of his fortune comes from his majority stake in Binance, which remains the industry’s largest global trading venue by volume.

They, the billionaires, have the financial ability to manipulate the market. That’s what happens, dear readers. Could it lead to the centralization of power? Absolutely! The government and the billionaires walk hand-in-hand with public-private partnerships! Small investors, beware.

1. Secure Arkansas sees Bitcoin as a Trojan Horse. The financial elite, as well as the government, control this system now, and transparency and accountability will be hard to find. Remember, if the state can track Bitcoin or digital currency, they can take it. Therefore, we should be concerned about surveillance. Are we already playing around with a type of programmable CBDCs? What about a private bank digital currency? Look at the stablecoin definition; any cryptocurrency designed to have a relatively stable price, typically through being pegged to a commodity or currency or having its supply regulated by an algorithm.

2. “A panel of senior financial regulators has warned the public about the purported risks of stablecoins and cryptocurrencies.”

Moreover, there is an economic threat with cryptocurrency which is a digital payment system (encryption algorithms) that does not rely on banks to verify transactions, at least for now. A cryptocurrency wallet is needed to use it, and cryptocurrency values can change constantly, from high to very low.

Again, Bitcoin can be a risky investment and may be causing more harm than we know and is hard to transact on a daily basis. Why?

Bitcoin competes with our U.S. dollar. It’s happening right now as we are watching our economy collapse.

Buy Bitcoin — sell off dollar assets.

Bitcoin skyrockets — U. S. economy collapses.

Or the billionaires could bet against Bitcoin and force Bitcoin to crash! Remember, there’s a limited supply of Bitcoin in the world.

We can see that the cost of mining Bitcoin will rise, and that’s what concerns us because we already are dealing with high inflation as it is, but Bitcoin mining WILL create higher energy prices for us to have to deal with… and more!

Side note: We are waiting and praying for free Tesla energy someday.

Yes, Bitcoin mining puts a strain on our grid, especially from these Communist Chinese Bitcoin facilities that are allowed to hook up directly to our electrical substations. That’s not good, readers. They are still here plaguing Arkansas! (Read one of Secure Arkansas’ previous articles from April 2023 linked here: Cryptocurrency Players in America That Could Be Tied to the Chinese Communist Party…)

And what’s going on in our neighboring state?

For Bitcoin Mines in Texas, the Honeymoon Is Over

Some snippets:

Texas residents have complained that industrial-scale bitcoin mines are driving up energy prices and destroying the quality of life of those living nearby. Meanwhile, politicians are demanding clarity over crypto mining’s impact on both the environment and the stability of the ailing Texas energy grid. The industry has been forced onto the defensive.

On February 22, the Texas Blockchain Council (TBC), a pro-mining lobbying group, filed a lawsuit against three parts of the federal government: the US Department of Energy, US Energy Information Administration (EIA), and the White House Office of Management and Budget. It objects to an “emergency” data request initiated in January that required mining firms in Texas to disclose details about their energy usage. Riot Platforms, which operates North America’s largest bitcoin mining facility in Rockdale, Texas, is a coplaintiff.

The complaint alleges that the federal government concocted illegitimate reasons for expediting the survey, forgoing a process that would have allowed mining companies to object. The disclosure of “highly proprietary” information, the suit claims, would “immediately and irreparably harm” the affected businesses. The survey, says TBC president Lee Bratcher, unfairly singled out an “out of favor” industry.

The lawsuit is just the latest flareup of a broader fight over bitcoin mining in Texas. Detractors and government agencies trying to understand the industry’s full impact have so far been forced to scrape together only “piecemeal information,” says Adrian Shelley, an energy policy expert and branch director of consumer advocacy group Public Citizen.ct. The disclosure of “highly proprietary” information, the suit claims, would “immediately and irreparably harm” the affected businesses. The survey, says TBC president Lee Bratcher, unfairly singled out an “out of favor” industry.

Dealing with these Communist Chinese Bitcoin facilities has gotten ridiculous and complicated. Our energy grid is in jeopardy, and the Communist Chinese ARE a national security risk!!! This should NOT be allowed to happen. So, now the legislators are going to have to deal with legislation to bring order back to their state and country. Senator Brian King is still working to solve our problems here in Arkansas.

Again, we are telling you that the billionaires have the power to stir the crypto market, and one dangerous billionaire has been loosed on the world to dictate corrupt United Nations (UN) policies and carries way too much power! He is an opposing force to God!

Focusing on one predatory, ruthless, and manipulative billionaire who champions Bitcoin:  Larry Fink…

Laurence D. Fink, who is 71, has built BlackRock into a manager of $10.5 trillion in assets
since co-founding the company in 1988. Credit…Winnie Au for The New York Times

 
Here’s a little Larry Fink history:

1) With his vulture instinct, he was swarming around his prey in the 2008 Financial Crisis, which strengthened his position as a major player on Wall Street. The 2008 Crisis had its origins in the housing market where TARP was the Troubled Asset Relief Program that was created under the U.S. Treasury Secretary Paulson, and where the U.S. government contracted BlackRock to manage toxic assets from firms like Lehman Brothers and Bear Stearns. He was the government’s “go-to guy”. Where billions went into the banks and tragically did NOT get into the hands of others that needed the help. So, financial institutions like JPMorgan Chase, Goldman Sachs, Morgan Stanley, and Bank of America were all bailed out by the federal government and did not fail. The main government players in this transfer of wealth situation were: Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke, and President George W. Bush. 

Bush and Paulson are pictured below.

image credit

Paulson was CEO at Goldman Sachs before he came to the Treasury Department!

And the top five investors that made the most money from this huge financial crisis? More billionaires:

• Warren Buffett

• John Paulson

• Jamie Dimon

• Ben Bernanke

• Carl Icahn

2) Also, Fink, founder of BlackRock, was involved in the 2020 COVID Crisis, too. Did you know that some of the same players who helped “solve” the 2008 financial crisis were back on the front lines for the COVID Crisis?  BlackRock, working with billions of dollars, served as an investment adviser and asset manager for multiple debt-buying programs on behalf of the U.S. Central Bank as part of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) bailout program. The Fed relied on BlackRock to oversee the the 2020 bailout, so our future has been shaped by BlackRock that wants to move us to international governance! Brazenly, when people were still stunned from the 2020 lockdown, Fink sends out this letter to CEOs placing “sustainability” at the center of BlackRock’s investment approach:  more UN policies, like Climate Change, that he’s trying to bring to fruition.

Boy, during the 2020 crisis, the hounds were out! No wonder so many people lost their jobs because they wouldn’t succumb to the deadly COVID injections! Biden was adamant about people getting the toxic shots and wanting to force the issue when he took office.

And if you were wondering who the Wall Street big shots were that met together and said it was inevitable that Joe Biden should drop out of the presidential race:  it was the BlackRock CEO Larry Fink, former Treasury secretary Robert Rubin, President and COO of BlackStone Jon Gray, and others.

Fink, the founder, Chairman, and CEO of BlackRock Inc. (NYSE: BLK), now manages over $10 trillion in assets! BlackRock is the world’s largest shadow bank. And back in June 2023, Fink made a move for BlackRock to be the first to file a spot Bitcoin ETF application with the SEC. Now the iShares Bitcoin Trust (NASDAQ: IBIT) is the most popular spot Bitcoin ETF.

And sorry to say, but one of these iShares funds is targeted towards defense spending. That’s unnerving. These weapons of war investments include these companies: Boeing, General Dynamics, Lockheed Martin, Northrop Grumman, and Raytheon. 

There are so many issues tied together, it’s hard to identify them all, but one thing is for sure: the billionaire philanthropists are controlling most everything.

Watch out! Big tech and the elite billionaires may intend to have the internet regulated by the government, so policies will be made to make that happen, and then… there goes our privacy. Control and surveillance of the internet spell trouble. The giant technology corporations want us to have a government ID in order to log on for access to the internet.

Our speech has been censored, too. Many of Secure Arkansas’ COVID posts were censored.

U.S. President Joe Biden and Vice President Kamala Harris attend a meeting with members of the White House COVID-19 Response Team in the South Court Auditorium at the White House complex
in Washington, U.S., January 4, 2022. Photo: WSJ

Testifying before Congress, billionaire Mark Zuckerberg already admitted to censoring COVID-19 content for the Biden administration during the so-called pandemic. There were many vital posts that should have been read. Facebook Inc. changed its name in 2021 to Meta Platforms. Zuckerberg said, ”I believe the government pressure was wrong, and I regret we were not more outspoken about it,” he wrote. “I also think we made some choices that, with the benefit of hindsight and new information, we wouldn’t make today.”

We are now looking into the National Security issues with crypto. It’s about time! 

Watch this 9-minute YouTube video: DARPA to Research Risks of Crypto to National Security in Partnership With Inca Digital

The Defense Advanced Research Projects Agency (DARPA) has contracted digital asset data and analytics provider Inca Digital to develop a crypto ecosystem mapping tool to analyze crypto financial data and risk. Inca Digital CEO Adam Zarazinski shares insights into the partnership.

In closing, the billionaires and their big money talk and shape policy. See how this game is played, and don’t forget there is a destructive mandated agenda, too — known as UN Agenda 2030.

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Securing the blessings of liberty,

Secure Arkansas
securetherepublic.com/arkansas
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