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Can Bitcoin Circumvent Economic Tyranny – Interview with Catherine Austin Fitts and Aleks Svetski & Dr. Mercola
Can Bitcoin Circumvent Economic Tyranny – Interview with Catherine Austin Fitts and Aleks Svetski & Dr. Mercola

Dr. Mercola interviews Catherine Austin Fitts, and Aleks Svetski, editor of The Bitcoin Times magazine and host of “The Wake Up Podcast.”

Related reading:

Mercola.com blog

Justice Department Says It Seized $3.6 Billion Worth of Bitcoin Stolen in 2016 Hack

70 Comments

  1. Wow. I listened to the entire thing mainly because I wanted to learn more from Catherine about the control grid. I only have what I’ve pieced together from Money and Markets over the past year. Sure, Aleks is passionate and arrogant like many BTC acolytes but hearing the discourse reminded me what our society needs more of…open dialogue in the marketplace of ideas to allow the people to decide. Kudos to you Catherine for sticking this one out — I learned so much from your candor. Absolute respect to you.

  2. I listened to all 3 hrs. Alex was so irritating because his goal was to convince Catherine that Bitcoin is the answer. I wanted to hear more from Catherine but he was incapable of listening. I thought it was good that Catherine was trying to show him that he was inside a trap and the doors are about to slam shut.
    Alex truly believed that no matter what, the government could never get his Bitcoin. That’s sheer ignorance as the feds recently seized a Bitcoin account a week after this interview!

    Dr Mercola wanted to do a part 2 with Catherine and she was smart enough to deflect since Alex has no intention of learning anything contradictory.

  3. Catherine, you are a gem. Alex failed to (clearly) articulate Bitcoin’s integral value—is its global integrity – contrary to alternate instruments—(BTC’s value proposition increases as humanitarian-trust is hegemonicaly devalued via alternate instruments).

  4. I don’t think that this guy is qualified for this kind of discussion. Discussing the pros and cons of Bitcoin with someone like Max Keiser would be better. He has done it before with Peter Schiff, but in that case Schiff was not really qualified (lots of gaps in his knowledge of what is going on).

  5. Fantastic discussion. Truly enjoyed it. Think most of us are so naive that we don’t recognize how deep and heartless the corruption and control is and goes. Think very few can handle the actual truth. Lord, hear our prayers. Thy will be down.

  6. I’ll just set out a few random thought/facts/comments
    1. If Mr Global wanted, rounding up and disappearing 5 million bitcoiners would not be that difficult.
    2. The Bill of Rights is the block to that, and this was omitted from the discussion. does anyone else think that medical mandates are a cruel and unusual punishment?
    3. bitcoin needs to be spent into existence. HODLing bitcoin detracts from its value.
    4. If bitcoin ever reaches $2M per coin it will be the de facto world reserve currency. IMHO this will not happen.
    5. Energy consumption is not necessarily a problem. If, however, zero energy was expended in mining the remaining bitcoin, it would imply that the value of bitcoin was zero. That is not to say that improvements in technology could not deliver equivalent outcomes, or that a new coin could better meet society’s needs, it may simply be that society’s needs have changed.
    6. Taxation is a problem that was not discussed.
    7. I suggest that Old Money plans for two percent annual return on wealth. That is sufficient to capture the excess production.
    8. I suggest that New money tries for a return on wealth in the high single figure percentages per annum. That results in a seneca curve every century or so. I’ll defer to Martin Armstong or the Fourth Turning for the nuances of the dynamics.
    Specifically, government deficit spending and debt accumulation are major drivers of these outcomes.
    9. A 90% loss is what happens when an 80% crash then halves in value.
    10. The main driver for centralised control is deficit government spending, though this is inseparable from lack of oversight of intelligence agencies and banks.
    11. How to get people to see the control grid? begin with 2. above.
    12. In 2003 mortgage fraud was endemic. Almost everyone was happy with that. Even the Churches.

    1. Richard:

      Excellent insights. LOL
      Good idea to bring up the Bill of Rights. Going to get my copy out now.

      1. Thanks Catherine.
        At the back of my mind, there is something about a unified currency in the Lisbon Treaty clauses set to happen by 2025, maybe in a progress report that said progress was slow. I will have a look.

          1. from Wikipedia (apologies for that but getting to the timetable is difficult)
            https://en.wikipedia.org/wiki/Economic_and_Monetary_Union_of_the_European_Union#Second_EMU_reform_plan_(2015–25):_The_Five_Presidents’_Report
            /quote
            Completing and fully exploiting the Single Market by creating an Energy Union and Digital Market Union.
            /unquote
            The EU want competing internal currencies gone by 2025. (my summary). I’ll keep searching for “Digital Market Union.”

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