Past two weeks after what @deuxwrite highlighted regarding the brain likely behind Bitcoin, then researching SHA-256 hashing and that origin in the NSA. BTC is without question a fed coin. Idea came from U.C. Berkley, implementation NSA. But why now? Why is it gaining steam?
that's where it gets even more interesting. During hyperinflation in German with their paper Mark, there were schemes being devised to slow down currency velocity so that inflation slowed down. So a scheme was devised to create other local currencies, these were called WARA.
The WARA had to be spent by a specific date in order to keep the currency flowing. This experiment began in 1926 and ended in 1931. Then the Weimer republic ended in 1933 when Hitler came into power (largely due to inflation and Usury, decay).
I think Bitcoin and cryptocurrency may be the same WARA / local currency but for the digital age. The CBDC (Central Bank Digital Coin) will definitely be a WARA style coin as well. This is all to kick the can down the road just a little bit further, meanwhile buying power +
is decimated. I was also thinking about Elon Musk pumping Bitcoin and crypto. It all makes sense. Because if sound money (Silver, Gold) go up to their true price, along with other commodities (Lithium, Uranium) all which he needs for manufacturing, TSLA might be through.
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