After ignoring cryptocurrencies for the whole 2010s, I began studying them in early 2022 using a mix of history, signs and how I see the future going. The creaking financial system during the late-2019 to 2022 COVID-19 crisis helped me realise that a monetary reset is close and that if you don’t get on the bridge to safety with the other financial refugees trying to flee the advancing terror, you could well be left with nothing. In actuality, COVID-19 may be more linked to cryptocurrency than anyone realises yet. Something I have covered with patent WO2020060606A1.
Yes, these strange electronic tokens, mystically assigned any value at all, could well grow to become what we use daily to buy and sell goods and services. Perhaps.
In 2022, we saw cryptocurrencies suffer major drops and that has put many off, but since then, Sam the Bankman got Fried and Sam, Alternative offering man, has come up with Worldcoin, which you can get for free..almost, by agreeing to a retinal scan. No thanks.
Now, a warning at this point – I’m still unsure where crypto is going and have never, ever devoted anything other than pocket money to it. It’s a useful experiment to understand cryptocurrency and cryptowallets, who knows when you will need them? You can certainly lose everything you invest here, especially if you follow Youtubers pumping and dumping obscure, unknown coins and don’t do your own due diligence.
Let’s now look at some of the popular narratives around crypto and the cryptocurrencies I chose to investigate, based on news and perhaps more interestingly, the numbers and signs I see that lead me to believe they are either red herrings or the bridges across.
Popular Cryptocurrency Narratives
- They mean freedom
- They allow us to stick one to the government and banks
- They give us anonimity
- They are the future of money
- People are making lots of money with Tax-Free profits
- They are the ultimate Get Rich Quick scheme
Cryptocurrency Counter-Narratives
- How many people have successfully transacted to buy or sell goods and services with cryptocurrency yet?
- All countries will always want to control their citizens through the power of a single “fiat” currency they decree and can manipulate
- Governments and banks are unlikely to let you transact tax-free in any currency you like
- Governments are likely to want a cut of your “profits”
- In a surveillance society can your savings be truly anonymous?
- In times of crisis, no-one likes to see people wealthier than them. Those who prepare could become a target
Let’s now take a look at a few cryptos I’ve researched and my views on each. Note, I cut my research to those I saw as being popular, or as possible parts of the new system.
Bitcoin
Bitcoin Narratives
- Invented by a lone software and monetary genius, working alone, named Satoshi Nakamoto
- Anonymous
- Amazing, ground-breaking technology
- True money backed by energy (it takes energy to “mine” bitcoins)
- Supply limited to 21,000,000 bitcoins in perpetuity
- Governments can’t touch it
- Make you rich if you get in now
- Has built up a huge cult around it
Bitcoin Counter-Narratives
- Why has this genius never been found?
- Why do his initials N-SA correspond with NSA, the U.S. security agency?
- How come Bitcoin is described to a tee in a 1990s U.S. government white paper on decentralised digital currency?
- Software can be branched off so the system runs on new and different code with new rules
- Companies like Blackrock have setup Bitcoin ETFs
- The lone software genius, acting alone reminds me of the “lone gunman, acting alone” narrative, like Lee Harvey Oswald
- Bitcoin evangelists, like Max Keiser and Michael Saylor of MicroStrategy do not strike me as sincere
In summary, I’m not touching this one. There were massive profits to be made had you got in early. Remember the most expensive pizza ever in the world? However, at $95,000, where does it go? Donald Trump claims to be the crypto president, which has given some coins a huge boost and he even suggested a bitcoin reserve. Who knows, perhaps Bitcoin will be used to pay off the ever-ballooning national debt, but I am conscious that when something over-inflates, like a balloon, it can pop quickly and the air can disappear. Along with your savings.
Another thing making me uneasy here is all conversations on cryptocurrency invariably lead to Bitcoin. It reminds me of a magician – “look at this hand, ignore my other hand”, and generally this is how governments and media work, tell you a kind of truth but take your energy somewhere while the real sleight of hand occurs and your wallet and watch disappear. I am of the opinion that Bitcoin is that distraction and the real future cryptocurrencies are elsewhere.
For yes, the plan surely is to get everyone transacting by digital means that can be controlled by an elite. So much for freedom. However, it does mean something out there will be that new digital currency and leads to my review of three potential candidates.
Ripple XRP
- X marks the spot. “None may buy and sell, except those with the Mark”
- Ripple. A wave, a maritime reference. A possible nod to the moon-eye and current-sea.
- Elon Musk, one of the founders of Paypal, an early successful online electronic payments system, bought Twitter the social media platform and rebranded it as X, also the symbol for XRP. Is this going to become a platform for sending and receiving payments?
In summary, I reckon this is planned to be part of the new financial system in some capacity. The corporate background to the coin, many coincidences and large number of 33s stories out there are telling me something big is planned here.
XRP has been a sleeper since inception, aside from a period of euphoria in 2020-21. Notably, since Trump was elected, it’s up over 200% in a month.
Stellar XLM
- The XLM symbol looks suspiciously close to a 1988 The Economist cover on the coming world currency
- Hollywood produced a film in 2014, called “Interstellar“, where the symbol for XLM put in an appearance. Exactly the kind of predictive programming we often find. Remember “Contagion“, the 2011 film with Gwyneth Paltrow that seems suspiciously close to the COVID-19 Plandemic? Right down to one theory that Bats spread the malady.
Like Ripple, Stellar has had a near-identical performance since inception, a corporate structure and also like XRP, it has risen since Trump’s election. This time by over 300% in a month.
Binance BNB
- Binance supposedly begun by a Chinese geek, CZ, otherwise known as Changpeng Zhao, who has now stood down
- Binance is also a large crypto exchange platform
- The Binance exchange symbol reminds me of an all-seeing eye
- The BNB symbol looks like Baphomet
I see Binance as a possible “China Crypto” and wonder if it is part of a plan for China and the BRICS nations. It has not risen markedly after Trump’s election, but has doubled since late 2023. This suggests it is driven by other factors outside U.S. hegemony.
