Yes, the blockchain is truly revolutionary. Yes, bitcoin is Tulipmania 2.0. Yes, cryptocurrency is a nail in the coffin of the bankster parasites. Yes, digital currency is a tool of the totalitarian tyrants. No, these statements are not contradictory. But don’t worry if you think they are. You’re just a victim of "The Bitcoin Psyop."
[audio mp3="https://www.corbettreport.com/mp3/episode328-lq.mp3"][/audio]Yes, the blockchain is truly revolutionary. Yes, bitcoin is Tulipmania 2.0. Yes, cryptocurrency is a nail in the coffin of the bankster parasites. Yes, digital currency is a tool of the totalitarian tyrants. No, these statements are not contradictory. But don’t worry if you think they are. You’re just a victim of The Bitcoin Psyop.
(ANTIMEDIA) — 2017 was an incredible year for cryptocurrency and blockchain technology. Bitcoin doubters are apologizing for their disturbing lack of faith while tech moguls are waking up in droves to the revolutionary potential of how a truly decentralized blockchain could help end corruption and market manipulation by untrustworthy central actors.
As Zeroedge notes, the burgeoning market for initial coin offerings is rife with fraud and abuse thanks to unscrupulous people like the creator of FMtokens, a coin designed as a means for paying performers for live webcam chats.
The NY Post reports that a cryptocurrency built for watching live-streaming porn is turning out to be a buzzkill.
(ANTIMEDIA) — The subject of cryptocurrencies made quite a few headlines on Tuesday, with a household name company announcing its intention to leap into the fray.
Older phones, skull-shaped asteroids and gaming disorders + this day in history w/the sentencing of the Hillside Stranglers and our song of the day by Tricky on your Morning Monarchy for January 9, 2018.
The other day I was in a shopping mall looking for an ATM to get some cash. There was no ATM. A week ago, there was still a branch office of a local bank – no more, gone. A Starbucks will replace the space left empty by the bank. I asked around – there will be no more cash automats in this mall – and this pattern is repeated over and over throughout Switzerland and throughout western Europe. Cash machines gradually but ever so faster disappear, not only from shopping malls, also from street corners. Will Switzerland become the first country fully running on digital money?
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Friend of the show JP Sottile joins me in the first hour for an in-depth discussion about the recently passed tax reform bill in the House. We talk about what this reform package is promising and what the possible outcomes may actually be. JP discusses how this will ultimately benefit the richest of the rich in America, while most likely punishing the rest of the nation. We analysis the GOP’s strategy with pushing this wildly unpopular bill. JP and I discuss the idea that this may be part of a longer term strategy of ousting Trump from power.
Sean is a YouTuber who focuses on economics, finance, and politics.
A video version of this show is available here.
