Cryptocurrencies are not anonymous and they are not corbett on bitcoin, period. I am all for free markets and free market innovations. I have been and will continue to be skeptical of a technology that was introduced to the world by a ghost.
A ghost is something that comes out of the ether, has no material being and is not part of this world. The piece of the Bitcoin code created by the NSA is a hash function called SHA-256. SHA stands for Secure Hashing Algorithm. The hash is the expected outcome.
An algorithm can be executed on a piece of data, and the output of that algorithm should match the hash. It only works in one direction. The evidence continues to mount that shows these cryptocurrencies are part of a beast system intent on enslaving the masses. The evidence is coming not only from governments and bankers but more importantly from the cryptocurrency experts themselves. The more that I know the more terrifying cryptocurrencies become. I just need to research and study how cryptocurrencies work.
It is no secret the banking system, the too big to fail banks, became insolvent in 2008. The magic bean has been discovered! We recently reported on a debate between Peter Schiff and Peter van Velckenberg. Peter V, is a bitcoin advocate and was debating the virtues of bitcoin with Peter S.
Now the non-traceable is the other aspect I wanted to address. 47 transactions prior to you receiving those funds someone used some of those funds to commit an act of fraud or embezzlement. The funds in your account are tied directly to that illegal transaction. Now, we learn from one of the smartest people in the alternative media space, James Corbett, that bitcoin and cryptocurrencies in general, are not all what we have been told they are.