The Chain logo

Bitcoin Schimtcoin

by Ankh Kore 2 months ago in bitcoin

Digital Mystery Funny Money

BITCOIN SCHITMTCOIN

In the year 2006 it came to the immediate attention of an elite shadow group of puppetmasters, whom we we shall refer to as the "ill-U-Me-Not-He," or 'The Counsel,' that currency in the form of cash, was no longer accepted, respected, nor under thier control.

'The powers that were' came to realize that a well known phenomonon coined "Hip-Hop" had all but monopolized and taken over the circulation and cash flow, and thus a new digital system had to be introduced.

The 13th monkey effect had already proven the predictable movement of the masses, and reversed physcology proved many times over that people want either what they cannot afford, and or what ' did not want them to have. So the challenge was made to create a financial system that would over time convince and encourage the citizens of earth to trade-in knowingly or unknowingly thier spellbound love affair with cold hard cash!

Seeing a direct opportunity to climb the ladder of rank with one big idea a bright young initiate, the nephew of a high ranking member of this counsel came up with a genius platform that would eventually get the whole world to buy into a mysterious digital cryptic currency that virtually does not exist, and came out of nowhere... How'd he do it? Check it out...

Seeing how nepotism is the life-blood of the Hasidic Community it is no wonder the brilliant protegy 'Issac Finkelstein' decided to assign the idea in the name of Satoshi Nakamoto. Why you ask?

Well, first off its a pseudonym, meaning, it represents a man, a woman, or a group of people. And since young Issac was assigned a development team consisting of some of the sharpest coders and programmers in the world, no one person could take full credit so it made pefect sense. Besides, the world would more readily receive the idea of a mysterious digital currency platform seemingly coming out the far east. Those who know, know, and those who don't write fictitious non-fiction.

Many theories about the origins of Bitcoin have formed since its inception, but this, this right here all but solves one of the great modern mysteries of our time. Is it merely coincidence that such a financial innovation of global proportions, could be developed and remained unknown for well over a decade? One that is sending the concept of currency as we know it down a one-way street, named "Monopoly!"

Is it but happenstance, that at the beginning of the year, most if not the majority of CEOs and stockholders in the world, all, just up and resigned at the same exact time? And now that Bitcoin’s worth has exploded several times causing many to cash in, and or cash out, does that mean the plan to implement a new world currency is in full effect? The program to harvest and eventually destroy all paper money is underway, or, that the platform to harness and ultimately take control of the way the public at large exchange commerce is set in code. Blockchain analysts estimate that "Nakamoto" mined about one million bitcoins before disappearing in 2010... But, I guestimate "Fink and the Boys" are mining all the proposed currency they have available... that's $4.486 trillion, in assets, including more than $2 Trillion in so-called US government debt, and a total capital net worth of $39.5 billion. But it is the collective consciousness that must willingly submit their will knowingly or unknowingly to provide the proposed energy to give this currency its life force.

Yes, Bitcoin is shrouded in mystery and yet, hidden in plain sight.

Its contineous rise to prominence has caused massive interest and now can be traded by any and everyone who has cash app. How convienient the stock market has become, yet again causing much speculation around the globe.

However, a new crypto theory has emerged.

"Ankhkore" aka "Kido from a UFO" a spiritualist from "Unidentified Family Origins,' whom few individuals even know exists went to the Akash, and along with clues left by the creators hopes to somehow piece together 'Satoshi’s' (wink wink Fink) secret password needed to unlock an alleged stash of Bitcoin mined in the early years. It is said that these secret codes were written in a little black book and whosoever deciphers it shall inherit a King's Ransom in Bitcoin!

Bitcoin is a cryptocurrency, a decentralized digital currency, without a central bank or single administrator, so in the event something goes horribly wrong who shall be held accountable.

Transactions are verified through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process called mining, and can be exchanged for other currencies, products, and services. Bitcoin has been criticized for its use in illegal transactions and characterized it as a bubble, therefore, investor alerts have been issued.

The domain name "bitcoin.org" was registered on 18 August 2008. The receiver of the first bitcoin transaction was cypher punk Hal who downloaded the bitcoin software upon release and received ten bitcoins allegedly from Nakamoto. The Bitcoin Foundation was founded in September 2012 to promote bitcoin's development. On 5 December 2013, the People's Bank of China prohibited Chinese financial institutions from using bitcoins.

In August 2020, MicroStrategy invested $250 million in bitcoin as a treasury reserve asset. In October 2020, Square, Inc. put approximately 1% of their total assets ($50 million) in bitcoin. In November 2020, PayPal announced that all users in the US could buy, hold, or sell bitcoin using PayPal.

And recently in 2021, bitcoin hit a new all-time high!!! And now with the likes of Elon Musk taking an active interest in cryptocurrency it is all but certain to reach critical mass.

In February 2021, the Canton of Zug (in Switzerland) will accept tax payments in bitcoin.

As of December 2017, around 980,000 bitcoins have been stolen from cryptocurrency exchanges. About 20% of all bitcoins are believed to be lost -they would have had a market value of about $20 billion at July 2018 prices. There are several modes in which wallets can operate in. They have an inverse relationship with regard to trustlessness and computational requirements.

So, 'the powers that were' invented and released Bitcoin under an alias, personally mined the equivalent of around $36 billion dollars, and then disappeared without a trace. But they left context clues and messages for all to see.

The truth is fickle as fiction.

Ase Selah Namaste...

bitcoin
Ankh Kore
Ankh Kore
Read next: Top 5 Advantages of Blockchain Technology
Ankh Kore

A SELF-PROCLAIMED RENASSSIANCE ALCHEMIST

See all posts by Ankh Kore

Find us on socal media

Miscellaneous links