Crypto COLLAPSE: Look Out BELOW!

The Crypto ecosystem is collapsing.  What was once an intelligent stab at independent digital money, brought about by intelligent cryptographers (Hal Finney et al), has become a corrupt, Ponzi-esque dumpster fire.

Bitcoin was never intended to be:

• A store of value.
• Digital gold.
• A dollar replacement.
• Your retirement fund.
• A get rich quick plan.
• "Number go up." (laser eyes)
• "Have fun staying poor." (laser eyes)

It was intended to be a trustless cash system, where it was mathematically etched in stone on the blockchain that your money was yours, and you could digitally send it real time to someone else.  You didn't need a third party (the 'trust' part) to determine that the funds were yours, or legit.  It's all very libertarian, and elegant in its simplicity.

Over the years the crypto world has become corrupt beyond recognition.  It looks like the chickens have come home to roost.

As I write this, the market cap for the crypto universe has collapsed from well over $3 trillion to $933 billion.  That's a big drop.

Terra Luna, a token / stablecoin outfit, went bust last week. Zeroed out.

The Celsius Network, a place where you could 'unbank' yourself, and earn huge yield on your money, went bust a few days ago.

Do you see the third name on the list above?  Tether is next.  Tether is the (theoretically) 1:1 dollar - backed stable coin that is used all throughout the cryptoverse to buy millions in Bitcoin as well as other cryptocurrencies.

The problem is that no one can see where the newly created Tether comes from, nor can anyone figure out if Tether is truly backed by anything of value.  Think of it this way:  The price of Bitcoin isn't really in dollars, it's in Tether.  Right now, Bitcoin = 20,570 Tether.

If Tether is a house of fraudulent cards. When it goes down, the whole cryptoverse will look even worse than this BTC chart:

Tether is the underpinning of much of the whole crypto economy.  If the charlatans who run Tether are unable to maintain 1:1 backing or confidence in their product, BTC will collapse, and most of the other cryptocurrencies will go to zero.

The cracks are already showing:

The combination of easy money, lack of discipline, the SEC asleep at the switch, Tether using smoke and mirrors to stay afloat, and people unwilling to recognize obvious frauds (Celsius was offering 20% return on deposits!) has allowed this to happen.  I think it's going to get worse. 

And yes, you can send me BCH at the address below, as it will be one of the 12,000 cryptos to survive the implosion.

These two are your go to guys for avoiding the Crash:

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Here's how you can help me out during The Current Year:

You can send me Bitcoin Cash (BCH) here:



My Udemy classes are here - extremely low price and you have them forever.

I also sell custom made mugs. I'll do personalized orders as well. They are all made in the United States - in Pennsylvania.

All of the mugs are here on Gearbubble. These are made in the USA, and if you don't want to contribute to Amazon's record profits during this time of CV19, the Gearbubble link is the one to use. Thank you!

Blame the REGULAR GUY: SuperSTONK Edition

The Power Elite are preparing for the inevitable collapse.  They are building the narrative already.  YOU are the person to blame.  The regular people and their stupidity are the cause:

It would be ridiculous to go into the crimes, double standards, pratfalls, and economy destroying moves of the Elitists on Wall St.  There are libraries full of the wretched excesses of The Elite Wall St. Class.

But what is worth mentioning here is that the SEC is building The Narrative NOW.  Despite allowing the most rapacious vampire squid sickos to do what they will with your financial future and the economy of the United States, the SEC has decided that the blame will be pinned on the Redditors at SuperSTONK and the people there.  As if the crayon eating apes talking about stonks have the clout to move the financial sector.  It's a sick and disgusting stunt.

I think they see what's coming.  The rumblings are getting louder.  The SEC, unable and unwilling to slap the wrists of Big Corporate Power, has instead decided to direct the blame at regular people.  Regular folk can't fight back.  They don't have any pull in Corporate Media.

So instead of trying to fix what's broken, Gensler and the band of ineffective financial archeologists at the SEC are going to lay the blame at the feet of people who have had their financial future destroyed - by the SEC.

Jim Chanos, the legendary short seller, calls this "the golden age of fraud".  This will help guide you through the financial thicket and avoid the land mines:

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Here's how you can help me out during The Current Year:

You can send me Bitcoin Cash (BCH) here:



My Udemy classes are here - extremely low price and you have them forever.

I also sell custom made mugs. I'll do personalized orders as well. They are all made in the United States - in Pennsylvania.

All of the mugs are here on Gearbubble. These are made in the USA, and if you don't want to contribute to Amazon's record profits during this time of CV19, the Gearbubble link is the one to use. Thank you!

FAKE Finance FAKE Money

It's coincidence or synchronicity that these two articles landed on my digital desk at the same time.

First, The Jacobin sees the crypto universe as an giant Ponzi scheme:

The author goes into excellent detail about how Tether, a stablecoin 'pegged' to the dollar that is only backed by maybe 3% actual U.S. dollars.  As Tether is the main medium of exchange connecting the crypto universe to the dollar universe, if it ever implodes the entire house of crypto cards implodes as well.  I recommend the article.

However, like all leftist writers, there is an odd bit of cognitive dissonance between the leftist love of a beneficent government, and distaste for private fraud.  The Jacobin author shills for gov't regulation, yet avoiding the fact that that selfsame gov't, the System, and its regulators, are up to their eyeballs in the same Ponzi sham fakery that the Tether / Crypto bros are up to.  Because of this you get weasel word sentences like this one:

"Regulators and policymakers have been slow to protect the public. Ponzi schemes can remain solvent for years while flying under the radar of law enforcement and regulators. Madoff ran his hedge fund as a Ponzi for at least seventeen years. While the Securities and Exchange Commission (SEC) failed to heed multiple warnings from an industry whistleblower for seven years, regulators acted quickly once Madoff was turned in by his own children."

"...acted quickly..."  

After you read No One Would Listen, by Harry Markopolos, you will know that it was 10 years, possibly 12, and the SEC regulators were handed Madoff on a silver platter at least 5 times by Markopolos, yet did nothing.  Markopolos began sending the SEC irrefutable, incriminating information on Madoff anonymously because he was being threatened, followed, and harassed.  Still, the SEC did nothing.  Then the Housing Crisis hit, and people began asking for redemptions, and the money wasn't there.  This hardly qualifies as 'quickly'.

Yes, Madoff was "turned in by his own children" because they were involved in the Ponzi and were being threatened with prison.  One of his son's fingerprints were all over the financial alchemy that was The Madoff Fund.

But the Jacobin writer wants crypto and Tether regulated, so he has to avoid the obvious disconnect.

But Quoth the Raven doesn't have to avoid it at all:

QTR manhandles the Elite Laptop Class and the gov't with rhetorical atom bombs like this:

"For years, politicians and central bankers have been relying on flawed monetary policy to try and endlessly appease their constituents with promises of grandeur and excess while they pull the strings on a system that socializes losses and privatizes profits for the elites.

They’ve done this with success, subtly sending the message that “everything is always going to be okay, so no one needs to ever question authority or the powers that be”.

Monetary policy has worked splendidly for the elites and central planners over the last few decades and, while it has resulted in a wider gap between the lower and upper class than we’ve seen in 50 years and a country that is nearly at civil war with itself, the harrowing machinations of the monetary motor have all happened behind the curtain, under the cloak of night. This has allowed the elites and central planners to side-step responsibility for 50 years worth of gripes and misfortunes, while being able to point to the stock market to try and convince the populace that things aren’t as bad as they seem.

But this time, things are definitely as bad as they seem - and everybody understands it."

Radically different in approach, Jacobin and QTR arrive at the same conclusion.  The Fakery is at incredible levels.  Real assets, commodities, community, neighborliness, self-defense; these are things that are more necessary now than ever before.

As QTR pointed out, Crypto has ironically awoken the masses to the fiat currency Ponzi that the Federal Reserve has created these past 100 plus years.  People now say "fiat currency" reflexively, whereas 15 years ago you got funny looks if you said it that way.

Jacobin's point about Tether is well taken.  As someone tangentially connected to the Crypto universe, I took much of that article seriously.  Real Leftists have a tripwire sensitivity to Organized Power.  Sohale Mortazavi, the magazine article's author nails it by saying the Tether / Crypto system is corrupt to the core.

Both authors are right.  The New World Order is on the march.  I suggest you get out of the way.

Remember, this is a 'conspiracy theory', even though you can find video of this exact quote, as well as printed evidence.

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Here's how you can help me out during The Collapse:


You can send me Bitcoin Cash, yes even after writing this post you can send it (BCH) here:


My Udemy classes are here - extremely low price and you have them forever.

I also sell custom made mugs. I'll do personalized orders as well. They are all made in the United States - in Pennsylvania.

All of the mugs are here on Gearbubble. These are made in the USA, and if you don't want to contribute to Amazon's record profits during this time of CV19, the Gearbubble link is the one to use. Thank you!

Leaving Big Tech: An Alternative to YouTube

Maybe this should be called 'leaving the Beast'.

Big Tech, particularly Big Social Media and Google, have become ridiculous and censorious.  You can find all kinds of filth on those platforms, but if you put mild stuff from the Great Barrington Declaration, or you voice doubts about the Narratives we're fed, off you go.

Spandrell left the reservation, but he's a tech guy and his platform requires some intellectual firepower.  I don't have any intellectual firepower.

Tom Woods had a guy on who is one of the forces behind LBRY and Odysee.  When Corbett got taken off of YouTube for his brilliant "Science Says" video, I saw a ton of comments hoping that he'd backed his stuff up at LBRY or Odysee.  I had never heard of those platforms.  Then Woods had the guy on his show. I'm going there.  I'll keep my Youtube channel up for as long as I can, and BitChute as well, but this opens source, blockchain option looks like the future to me.

The best way, of course, is to build your own platform.  Not everyone can do that.  The Rulers like to make you feel despair and defeat, to make you think that there will never be a way out.  Even now, you see the cuckservatives crying about Parler, crying about the double standard, crying about the Big Tech censorship.  Why didn't they go to Gab?  Why don't they talk about BitChute, or now, Odysee?

Because they'd rather complain.  Establishment conservatism is a big joke.  They conserve nothing.

Listen to the Woods podcast.  I'm going to continue to slide away from big tech.  I nuked FB a long time ago.  I got kicked off of twitter and never went back.  I'm migrating toward the Proton Mail products as well.  

You are not beholden to these SJW jackasses who want to control your life.  Escape the Cult of Free.  Spend $5 a month for security and a woke-free existence. 

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My Udemy classes are here - extremely low price and you have them forever.

I also sell custom made mugs. I'll do personalized orders as well. They are all made in the United States - in Pennsylvania.

All of the mugs are here on Gearbubble. These are made in the USA, and if you don't want to contribute to Amazon's record profits during this time of CV19, the Gearbubble link is the one to use. Thank you!

Pomp and Green Lock Horns about BITCOIN

Bitcoin has been in the news a lot recently.  I am learning about it like everyone else, so I enjoy a good debate as I want my pro-bitcoin views challenged. Anthony Pompliano and Mike Green debated BTC on RealVision.  This was my comment on the site, to which I subscribe:

Debate Review:

Mike Green's mask slipped a few times, particularly when Green mentioned that Pomp's politicians were 'against the Green New Deal' and "have a perfect score from the NRA". Not only was this not germane to the debate, it exposed Mr. Green's bias. This was only the beginning.

It must be nice to casually wave ride all the popular positions among that the Davos Elite espouse on Twitter. Those of us who are teachers, like me, have watched the Establishment types erode the US Dollar, witnessed the Establishment go into other countries and blow people up, install sanctions that harm children and the vulnerable, as well as create enemies through shibboleths like 'weapons of mass destruction'. All courtesy of the FED, jerking itself off by creating as many dollars as it needs. They also need the USD to pull all of these atrocities off. Mr. Green suggested that, because the ratio of dollars to the amount of Bad Behavior is an acceptable one, it is somehow different than our 'enemies' using bitcoin, therefore rendering it a bad thing. This was a bafflingly bad argument. Because a digital commodity like bitcoin is used for bad, the commodity itself is guilty? This is the argument used against gun manufacturers. I would ask him if he and his immense wealth (the defenders of the Green New Deal would call it obscene and try to take it from him), are protected by armed security. Hats off to him if the answer is no.

This is the 'system' that Mr. Green wants someone like me, a public school English Teacher in the African - American neighborhood, to remain loyal. It's difficult to put into words the disconnect he has to what regular people are going through. He mentions reform within the system. He talked about how ECB, FED, and Treasury secretaries might ban bitcoin. The same people who have destroyed the currency I'm forced to use. The same people who told all the small businesses they have to close, because people might get sick, while the large corporations can stay open.

During this time of heretofore unseen transfers of wealth upward, I suggest it would be helpful for Mr. Green to have walked with me through Target (the one on 225th and Broadway in the Bronx) where milk has gone up in price quite a bit in the last 18 months. In the smaller grocery stores the price is even higher, as they don't have Transnational - Corp. - Immune - to - CV19 status.

As I, and other like me, scurry to find an asset that holds value, Mr. Green suggests that I should remain loyal to politicians and bureaucrats who can print political money - but I can't. And I should avoid bitcoin, an asset where I can't print more - and neither can anyone else. All because the biggest and most oppressive entity in the history of the world doesn't want bad actors in Iran and China using it?

I've listened to many of Mr. Green's interviews on this channel, and I've learned a lot from him and enjoyed his keen analysis. He falls flat here.

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Unfortunately the debate is here, behind a subscription firewall. If it becomes public I will post it.

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My Udemy classes are here - extremely low price and you have them forever.

I also sell custom made mugs like this one here on Amazon. I'll do personalized orders as well. They are all made in the United States - in Pennsylvania.

All of the mugs are here on Gearbubble. These are made in the USA, and if you don't want to contribute to Amazon's record profits during this time of CV19, the Gearbubble link is the one to use. Thank you!