marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Ponzi scheme
01/24/2022
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By Ramon Tomey
Russia plans to ban crypto mining and trading – regulator report
Russia’s financial regulator has proposed a ban on cryptocurrency-related activities such as trading and mining in the country. To back this proposal, it released a report outlining crypto’s potential use for criminal activity and the high energy requirement of crypto mining. The Central Bank of Russia (CBR) publicized its crypto report on Jan. 20, via […]
12/10/2021
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By Ethan Huff
Where are the billions of U.S. dollars supposedly backing Tether, the “stablecoin” behind the global cryptocurrency trade?
The hunt is on to find the billions of Federal Reserve Notes that supposedly back the cryptocurrency “stablecoin” known as Tether. The existing financial paradigm is upset about the threat that cryptocurrency poses to the banking cartel, and recently converged to discuss how to handle it. Names like Janet Yellen (Treasury Secretary) summoned Federal Reserve […]
12/08/2021
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By Ethan Huff
China’s Evergrande shares plummet as full-blown DEFAULT becomes inevitable
On Monday, the former top-selling developer in China, Evergrande, saw its stock value plummet to new lows right before the company failed to deliver on an $82.5 million foreign (dollar) bond payment. Following mixed reports about two previous coupon payments that were supposedly made in the 11th hour – evidence suggests that Evergrande never actually […]
07/09/2021
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By Nolan Barton
Number of cryptocurrency scams in America soared over the last two years
Nearly 26,500 cases of cryptocurrency scams were reported to the government last year, resulting in a loss of $419 million. This year, the number of cases is on pace to exceed those numbers. Glenn Titus of Salem, Oregon was among those who got scammed recently. Titus was hit by what’s known in the world of […]
05/26/2021
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By Ethan Huff
Investigation: Many cryptocurrencies are nothing but a massive Ponzi scheme promoted by paid “influencers”
Just in 2021 alone, some 10,000 new cryptocurrencies have been “minted” and hyped in massive pump-and-dump schemes that are making a few people very rich while leaving many others holding the bag. As it turns out, most cryptocurrencies follow the same Ponzi scheme patterns, which typically involve social media “influencers” drawing in the lemmings to […]
02/05/2021
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By Franz Walker
Millionaires locked out of their Bitcoin fortunes due to lost passwords
A San Francisco-based programmer who owns $220 million worth of bitcoins is now unable to access his money because he lost his password. While this doesn’t seem like that big a story, especially with how easy it can be to recover passwords with most services these days, Bitcoin’s decentralized nature complicates things for Stefan Thomas. Unlike […]
03/04/2019
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By Ethan Huff
Public pensions risk everything, start piling money into crypto… playing roulette with your retirement
As the price of Bitcoin continues to hover substantially below $4,000 per coin, after reaching earlier all-time highs of around $20,000 per coin, venture capitalists appear to now be swooping in for the kill as they launch brand new crypto schemes using people’s pension funds as financial backing. According to reports, a previously obscure finance […]
12/12/2018
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By Ethan Huff
Maduro to accelerate the final collapse of Venezuela by selling oil in cryptocurrency, a failed Ponzi fad that has already plummeted nearly 90% across the board
The president of the failing socialist state of Venezuela has announced that by the end of 2019, he plans to make all oil trade from the country occur with a new Petro cryptocurrency rather than normal Petro dollars controlled by the United States. President Nicolas Maduro told members of the public on state television during […]
08/22/2018
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By Ethan Huff
Cryptocurrency plunge continues as the late-2017 bubble takes them all down, including Bitcoin
The total value of all cryptocurrencies currently in circulation has fallen below $200 billion for the first time since November 2017, according to new reports. As the crypto bloodbath continues, investor forecasts are looking dimmer by the day, as a shocking 98 of the top 100 cryptos have reportedly lost value – some with no […]
06/11/2018
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By Mike Adams
Seven things you probably never knew about Bitcoin (but were afraid to ask)
It was only six months ago when Bitcoin fanatics were telling us the cryptocurrency was headed to $1 million, and that anyone who didn’t take out a mortgage to buy Bitcoin was a complete fool. Today, of course, Bitcoin has fallen below $7,000 and continues its downward plunge. This reality has been utterly confusing to […]
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