From Digital Gold to Financial Scandal: What you need to know about Bitcoin,
As an investor, taxpayer and citizen,
Dear Courageous,
What if the rise of Bitcoin wasn’t the financial revolution we believed it to be, but instead a carefully orchestrated scheme to transfer public wealth into private hands ?
“you have to give the bankers credit, who would have thought they could build a bigger heist than the pandemic this quickly ?” Catherine Austin Fitts
This is what AI, came up with as an image for this article…..
I read/consume a lot of articles, podcasts, books, and talks, always asking:
What am I learning, and how is this information useful?
If the answers are compelling, I share my findings—like now.
Yesterday, I listened to a panel discussion,(linked below) from Independent Media on Substack, mostly featuring Catherine Austin Fitts . She is a former US Government’s Assistant Director of Housing. Catherine is currently researching a startling narrative that every Bitcoin investor , citizen —and taxpayer—should know about.
Below, I outline the key points from the discussion and what they might mean for all of us.
A Financial Coup d’état
Bitcoin is currently trading near $100,000, a sharp rise from as low as $16,000 within the past year. For context, I invested in Bitcoin three years ago, attracted by its potential as an alternative store of value and a tool for private, direct transactions. In that time I have learnt how even Bitcoin can be manipulated, speculated on and subjected to scams…but nothing on this scale.
The Transfering Wealth Scheme
This story starts with Howard Lutnick, CEO of Cantor Fitzgerald and BGC Partners Inc., being nominated to be President elect Donald Trump’s Secretary of Commerce.
Bloomberg noted on Wednesday “that the knot of his conflicts of business interests when in a government position is unlikely to loosen easily”.
This is an understatement as Lutnick in a recent interview said the US government may be planning to use taxpayers’ money to buy Bitcoin and hold it on government balance sheets.
This would :-
1. Drive up Bitcoin’s price, allowing billionaire holders to cash out at on a high.
2. Enable these billionaires to reinvest in tangible assets such as land and minerals, potentially at the expense of public resources.
According to Catherine Austin Fitts, this strategy risks depleting the U.S. government’s balance sheet by swapping the priceless assets—of land, minerals, water—for a volatile and potentially worthless digital currency like Bitcoin.
Why Now and The Rush for Real Assets
This alleged scheme must be understood within the broader context of an economic shift:
• The debt-driven economic model is collapsing , leaving powerful players seeking real, tangible assets to secure their wealth.
• A government Bitcoin-buying program could artificially inflate prices, enabling billionaires to profit and exit from the ultimate pump and dump.They are unable to do this currently as the retail Bitcoin market is not broad or deep enough.
They would then use these profits to buy and then control public wealth, in the form of real Government / the peoples assets anywhere in the world. Like the Chinese buying Greek ports and infrastructure.
Catherine Austin Fitts likened this “playbook” to the financial equivalent of vaccine mandates. When there is little market for your products , you have the government buy them and mandate them. Regardless of the cost and injuries caused. This time, the stakes are natural resources and public assets being bought and sold with taxpayers’ money.
What This Means for Bitcoin Holders and Taxpayers
For Bitcoin Holders
This scenario could present a high-risk moment for Bitcoin investors. If governments begin purchasing Bitcoin en masse, prices could skyrocket temporarily before a potential crash. Knowing when to exit will be crucial.
For Taxpayers
For those who don’t own Bitcoin, this still matters. Public funds and resources could be funneled into speculative ventures, leaving taxpayers to shoulder the burden of potential losses. This is why transparency and public accountability in government spending are more critical than ever.
Actions to Consider
To protect ourselves in this uncertain landscape, you must act proactively:
1. Monitor Policy Changes: Stay informed about government policies regarding Bitcoin and other cryptocurrencies.
2. Diversify Investments: Consider hard assets such as land, precious metals, or other tangible resources.
3. Build Resilience: Invest in skills and resources that maintain value independent of financial systems.
4. Support Cash and Decentralized Systems: Advocate for tools and practices that preserve individual and community sovereignty.
Conclusion: Staying Vigilant
At its core, this isn’t just about Bitcoin—it’s about the broader implications of the loss of public wealth for ever. It will accelerate the technocracy and governments being run by corporations and billionaires.
This strategy will be sold to us as innovative and necessary to attract the tech entrepreneurs to invest and build the high-tech economy of the future.
Many people who already buy into the technology because it makes their lives easier will be hoodwinked by this scam. Unknowingly, they will have their taxes and retirement funds stolen from them to buy bitcoin.
My learning is to watch to see if this unfolds and be ready to sell my Bitcoin.
For us freedom fighters, Bitcoin gave us a myth, but in reality we were prototyping the transhumanist agenda for a centralised digital currency (CDC) This plan also includes a Government wide scam , that steals the natural wealth of America and the rest of the world. Increasing the control and wealth of the few at the expense of us all and the next generations.
We need to be vigilant and prepared , as they say in Martial arts , “no one attacks you without warning”.
Below is the link to the discussion that covers more on the future than just about Bitcoin. It is well worth listening to.
I welcome your thoughts and responses to this important topic of discussion, that will affect us all.
With Love and Care,
Susan
Not at all surprised to read this. The world financial markets were screwed as soon as "money" no longer needed to be backed by "gold". Literally means it has no tangible value. Worth no thing in real terms. Neither does bitcoin. Something that doesn't 'exist' outside of our imagination or by mutual intimate agreement like a covenant, will ultimately disappear, along with any 'value' that the human mind ascribes to it.
Why try to accumulate "wealth" in financial terms when wealth could more meaningfully be described as health and relationship?
I really applaud your intention here Susan, to warn and encourage ordinary people to get shot of bitcoin before it crashes, as it inevitably will. The rare few folks who 'made a fortune' on bitcoin were either liars or pawns used to entice others into the trap. It was always about the long game for those people who had nothing to lose (already had more than they needed) and you're thankfully exposing this trick. Shame that so many of us still dream of "striking it rich" as if that will prove our worth. We have to first learn to give away what we want to get. 🙏🏼
Great post, @courageous conversations! Keep sounding the alarm because the pain train arrives soon!