When Putin started his special operation, an unprecedented invasion of Ukraine the Oligarchs had a plan.
Crypto firms in the United Arab Emirates (UAE) started to become deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said around March 10th, 2022.
That crypto wasn’t being used by Oligarchs and other Russians as a means of transferring and protecting their wealth is a myth. Some clients are using cryptocurrency to invest in real estate in the UAE, while others want to use firms there to turn their virtual money into hard currency and stash it elsewhere, the sources said.
Even as Crypto has been a significant means for the West to make donations to the Ukraine, Bitcoin isn’t a hedge against inflation, it’s likely a perpetuator of the weaponization of an economic war against the dollar.
How can this be?
As the Ruble craters Putin has a plan.
The Financial Stability Board is scrutinizing the use of crypto assets amid the war in Ukraine on concerns they could be used to evade sanctions on Russia. But they don’t understand what’s coming and how dangerous Bitcoin will become.
The Death of the Ruble - All Part of the Plan
Russia is considering selling its oil and gas for bitcoin as sanctions intensify from the West. This will allow Putin, the Oligarchs and the world’s financial elite to become even more powerful. Who said you can’t manipulate the price of Bitcoin?
Bitcoin and crypto in the end will be the means in which China and its allies destabilizes the U.S. dollar as the global reserve currency in favor of the digitual yuan in the end.
Reports of even the likes of Exxon mining Bitcoin are not exaggerated. Everyone especially the global elite knows what’s coming, it’s the ultimate setup.
In a videotaped news conference on Thursday, the chair of Russia’s Duma committee on energy said in translated remarks that when it comes to “friendly” countries such as China or Turkey, Russia is willing to be more flexible with payment options. It’s not Germany or Finland in the end alone who cannot afford to do without Russian natural Gas and Oil, it’s the likes of India.
As the price of Oil rises, you can expect crypto to inflate and create some crazy speculation in the markets. The energy crisis won’t just spike the price of Bitcoin and legitimize scams like NFT ecosystems, it will change the future balance of fiscal and monetary order.
NATO’s unity and strength, could also be played into being its own weakness. This is hard to believe in April, 2022 when global sanctions and even China appears to be backing down from its partnership with Russia.
ExxonMobil has been working with Denver-based Crusoe Energy Systems to mine bitcoin in North Dakota for over a year, according to people with knowledge of the project. Russia and China have long sought to use crypto and the cult of Bitcoin to destabilize the West in ways we do not yet understand, and this “energy crisis” might be their chance.
How to Manufacture an Energy Crisis to Boost Wealth of the Global Elite powered by Bitcoin?
In late March, 2022 Chair Pavel Zavalny said that the national fiat currency of the buyer — as well as bitcoin — were being considered as alternative ways to pay for Russia’s energy exports. Bitcoin can sell oil for cheaper but using Bitcoin it will spike the price of Bitcoin, presumably a currency Putin and his allies and oligarchs already have massive stores of.
How do you really suppose the spike of Bitcoin went from $15,000 to $60,000 so quickly? Is it Wall Street institutional buyers alone? Retail buyers? You must be dreaming. Crypto can be totally manipulated, everything from an Elon Musk tweet to sentiment around market “uncertainty” has been shown to do it.
The U.S. should have regulated Bitcoin and crypto long ago, but it could in actuality be their un-doing. But now too much of their own financial elite has a stake in it for them to regulate it in any serious way. The Fed made sure of that, with radical and extreme monetary support and QE, meaning much of that added liquidity into the system when into Bitcoin and crypto. Safe haven right? More like Russian mafia money. The Chinese can also profit from what is to come regarding how the energy crisis could massively boost Bitcoin’s price in the coming months and years of high-inflation and namely, high oil prices.
I believe the price of oil will begin to correlate with the price of Bitcoin approximately in the 18 months beginning in May, 2022.
Faced with stiffening sanctions from Western countries over its invasion of Ukraine, Russia is considering accepting bitcoin as payment for its oil and gas exports. Do you think the financial elite weren’t informed of how this would play out?
Can cryptocurrencies like bitcoin be used by Russia to avoid sanctions? Has Putin not been planning this for years? Is China and even some of the major Oil and energy companies not in on it to some extent? Crypto can be used to prop up oil profits at times like these. This is not by accident.
All is Fair in Crypt and War
“All is fair in crypto and war.”
When Silicon Valley types like Jack Dorsey got frenzied up by Bitcoin’s potential, it wasn’t hope they had in their eyes, it was greed. Russians are pretty good at greed and corruption it turns out. Bitcoin and crypto is where you go when you want to scam the world to benefit your own greed, and Putin understands all of this well.
It’s the Ruble or Bitcoin, the blue or red pill if you want a piece of Russia. Pavel Zavalny says "friendly" countries could be allowed to pay in the crypto-currency or in their local currencies. Earlier this week, Russian President Vladimir Putin said that he wanted "unfriendly" countries to buy its gas with rubles.
What happens next is another global elite scam to get even richer. They say war can be profitable if you know how to play the system. The pandemic and this war have been incredible opportunities of wealth generation and wealth distribution for the one percent. Trump doesn’t love Putin without a monetary an incentive, its the people who have the most money who crave the kind of power Bitcoin can bring. China understand this well, anyone can be bought. Do you want that in Bitcoin sir?
Sanctions imposed by the UK, US and the European Union, following the invasion of Ukraine, have put a strain on Russia's rouble and raised its cost of living. Maybe Russia’s poor will donate their wealth to the world’s richest? All is fair in crypto and war.
Postscript
People reported me on Reddit for speaking my mind about this, subreddits I had spent many hours on were banned. We no longer live in a world where you can be truthful about what’s really happening.
If censorship of this nature is occurring on Reddit, where else it is occuring?
It strikes me as pretty naive. Is that the case?. Or is it because noone really wants to be told they are wrong these days, meaning contraian opinions not allowed. That is what I will never understand the idea these past few years that if you don't agree with my POV, then you are wrong! People cannot have any intelligent discourse on any given topic anymore? Is that too simplistic Mike?
I read your article a few times and I can truly say I agree with all/most of it