I investigated many fraud cases in my career as an FBI Agent. Most involved people who needed money, most were desperate, trying to save a family-owned business.
Some were the cleverest, most deceptive, schemes involving the most professional “setups” I ever saw! Others were “sounds too good to be true” schemes …and there were some that were check float, KITE schemes or PONZI schemes.
Bernie Madoff pulled off the largest Ponzi scheme in history, that is up to now and digital currency and digital real estate transactions!! Just to show the extremes, thieves will do to pull scams…this has nothing to do with digital anything but to show you how daring people can be…
In August 1977, the month we lost Elvis, my wife (who also was an FBI employee) and I were on a FBI Special in Indianapolis… the biggest fraud case in FBI history…to that point. This case involved hundreds of subjects pulling well-coordinated fraud schemes all over the world. These thieves conned Elvis Presley’s father out of Elvis’s plane to “replace and update the interior seats”. In reality, they were after the avionics! They took the plane to an abandoned hanger on a private runway and a “Team” of highly trained technicians, carefully and professionally removed some 3.5 million dollars’ worth of avionics and electronics and walked away. We did recover the plane and eventually arrested most of those subjects.
I would liken the Bernie Madoff Ponzi scheme as comparable, in my opinion, to digital currency…taking in new investments to pay interests to previous “investors”. You see, if you sell investments that are worth nothing to start with, you end up with nothing when the domino effect starts. Bernie could take funds in from “investors” which bought nothing; then took the new funds to pay the “interest” or “dividends” to the others. As he took in more, he was able to expand, take in more…kept most and paid phony interest until… many investors wanted to cash out.
Consider these observations about our currency, the US dollar, from various sources on the internet…
“For its first 200 years as an independent nation, America functioned on some version of a metallic standard”.
From 1792 to1834, silver served as the primary backing. In 1834, the U.S. began transitioning to a gold standard, which became official 1873.
FDR took the US off the gold standard on 6/2/33 and now this is important…and the FDIC was formed 6/16/33! Less than 2 weeks AFTER we came off the gold standard!
From 1933 to present, there has never been an FDIC insured bank that failed to pay their depositors 100% of their money. The US dollar has been backed by silver, gold, and then Full, Faith and Strength of the United States of America…the FDIC, since its inception America, and the US dollar have been backed by something, for some 200 years! Only a nefarious elected official would replace the dollar with nothing…wait a minute. Didn’t those same, nefarious people do the same thing with coal and oil power plants with no comp replacements, reducing the US electric power by 45%. Something very fishy is going on, in my opinion.
IF IT AIN’T BROKE DON”T FIX IT, especially if Joe Obiden and Hussein Obama are pushing it…remember Obama Care? How’d that work out? The MIT founder admitted they had to LIE to America to get it passed…and then laughed… at you!
What backs digital, crypto, or bitcoin …? Answer…Nothing! Absolutely nothing, except the NEXT guy who is dumb enough to do the same as you…who unwittingly is paying the previous sucker his “interest” …think about how stupid that really is.
But it gets worse…MUCH…worse! Ask some of the millions of investors who lost EVERYTHING in the past six months when Bitcoin went into the tank…at least 4 times, costing investors…suckers…BILLIONS each time. Millions of suckers lost their life savings, totaling billions!!!!
Keep this in mind as we move into DIGITAL internet, imaginary, money…
Experts have been warning us that this Administration, (Obiden’s) and Obama’s previous Administration, which is the same people as Biden’s current Administration, wants to do away with US currency and go 100% digital. I have been receiving alert emails for years warning about digital money but had no idea what the hell that is…I just knew that anything Obama wants us to do is not good for us…it’s to benefit him…and that hasn’t changed, not one “Bitcoin” …get it”?
Here’s the company you will be in…China is going digital, and Iran and Russia have banned their residents from using cryptocurrencies for payments but are working to use crypto, digital money for “foreign” trade. Iran announced its first import worth $10 million back in 8/22! Foreign trade folks are you and me!
I finally know why Obiden wants Bitcoin…they can’t control our cash but can very easily control our digital money and EVERYTHING else digital…think about it for Christ’s sake…you will lose what little control you think you have …over your life’s choices!!
Even after Obiden has seen those collapses of bitcoin/digital money four times folks, THAT’S 4 TIMES in the last six months, causing the loss of BILLIONS of DOLLARS to MILLIONS of people…Obiden STILL formed a committee to study DIGITAL CURRENCY and is moving forward to doing away with the FDIC insured US Dollar. What’s to study dipstick…Bitcoin is a fraud…my opinion and the opinion of many experts, including Warren Buffett?! Mr. Buffet also believes it’s a Ponzi scheme!
WHAT MORON WOULD WANT TO DO AWAY WITH FDIC US DOLLARS AND REPLACE THEM WITH A PROVEN FAILURE – A PONZI SCHEME!
In order to do that I believe they will have to take all our guns. I don’t believe US Citizens will give up their life savings, so that Hussein can Rule!
The Senate refused to appoint Obiden’s attempt to make a Chinese, DIGITAL EXPERT, and former CEO of the US COMMUNIST Foundation, Chair of the FED! Do you believe the nerve of those two?
Here’s the WHY…these experts I have been receiving emails from, claim that Obama and his minion, Biden, are planning to go to a ONE bank system, the Fed, with the Fed Chairman in charge of all Digital money… they will closeout all banks, all bank accounts and digital investments we Citizens have and force us to prove all that we claim we own, deeds and bank accounts (they just cleared out) and so forth. Then devalue the dollar…and give you Digital tokens!
Then shut down the internet, cell phone and grid. Why? What will you do about it? My advice to you… get and keep paper copies of all your fiduciary statements, deeds, Titles…you may need them! Get blue ink, original, signatures for your deeds!
If Hussein Obama, Obiden, China, Russia and Iran are moving to deal Bitcoin with foreign countries…that’s us, US of A…folks …in crypto, digital Bitcoin…I want NOTHING to do with it or mining or supporting any part of their scam.
Any Municipality planning on doing anything with crypto currency had better pull their heads out of the dark place they have them stuck …at least far enough for their ears to pop free!
Remember Obama, sarcastically and defiantly told America that, when President Trump was telling America, he is “MAKING AMERICA GREAT AGAIN”, by bringing back manufacturing jobs, drilling for gas and oil, finishing the Keystone Pipeline, putting up a fence on the southern border…the arrogant Obama said, “That’s impossible. He can’t do that without a magic wand”. Well, impossible for you, Hussein but not for a Christian, non-Muslim, loyal American President, like Donald Trump…he freaking proved that in 2, that’s right two years!!!!
Now if you won’t believe me …who will you believe? How about the smartest investor of all time, Warren Buffett…would you believe him? Google “Warren Buffett opinion on Digital replacing US Dollars”!
Then, flood Congress with emails to stop the absolute stupidity and put America first…and vote in, unanimously, for the current voted in candidate, Jordan, THEN go into the back room and air your little girl grievances…you hold outs are a disgrace, like two little girlsfighting on railroad tracks with a freight train coming…Islam! You are worse than some of the members of Congress we arrested during the ABSCAM undercover! How unusual, Arabs buying elected officials, so uncommon!