Skip to main content

Choosing camps: Facebook forced to align with the Western banking cabal against Cryptocurrencies


The supposedly independent world of Internet and Social Media shows that it will be forced to choose camps in the global economic war, which has also a significant geopolitical impact.

After the Wall Street mafia declared war on Bitcoin and other Cryptocurrencies in at least three cases quite recently, it was the turn of Facebook to obey by choosing the camp of Western banking cabal against Cryptocurrencies. From Recode:

Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.

That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options, according to a Facebook blog post.

[...]

Ads that violate the company’s new policy will be banned on Facebook’s core app, but also in other places where Facebook sells ads, including Instagram and its ad network, Audience Network, which places ads on third-party apps.

[...]

Look for blowback from entrepreneurs and investors who argue that the move unfairly punishes legitimate cryptocurrency companies and related crypto products. Facebook’s board of directors includes two investors — Marc Andreessen and Peter Thiel — whose firms have been prominent crypto backers. Facebook Messenger boss, David Marcus, is also on the board at the popular crypto exchange Coinbase.



The decision is not coincidental. It comes right after Russia made a first move to issue its own Cryptocurrency, followed by other countries who expressed their willing to issue their own Cryptocurrencies, with latest example Belarus, in order to escape the Dollar and the Western monetary monopoly.

The fact that Facebook's board of directors includes investors whose firms have been prominent crypto backers, strongly indicates that the company was actually forced to follow the camp of the Western banking cabal in its campaign against Cryptocurrencies. It also verifies the belief that in the pyramid of the Western economic bloc the financial sector still possess the greater power, as it seems that dictates certain strategies even to the biggest companies.

The picture becomes more and more clear. At the time that entire countries consider ways to escape Western sanctions and suffocation from the Western monetary monopoly, the Western bloc seeks to find ways to prevent an uncontrolled 'universe' of alternative transactions. As these countries see a great opportunity to achieve targets through blockchain-type technology, Wall Street panic grows further.

The Western banking cabal is now in very difficult position because this new Cryptocurrency 'epidemic' has its roots to Bitcoin, which is a product that came outside of the norms of the Western economic domination system.

Yet, the biggest problem is that, since one can buy Bitcoins with classic currencies, the Bitcoin market is automatically connected to that system. Which means that, sooner or later it will be 'contaminated' by attracting, for example, all kinds of speculators coming from the 'dark side' of the dollar-dominated financial capitalism.

Which means that, although Bitcoin is a decentralized Cryptocurrency, the Western banking cabal knows how to destroy it: simply by 'contaminating' it with all the speculative factors that are necessary to create a big bubble that will burst (although not that easily in the case of Cryptocurrencies).

Therefore, the Western banking cabal will seek to destroy Bitcoin before it finds a safety net in a system flooded with decentralized Cryptocurrencies and other Cryptocurrencies issued by a major rival bloc. It is expected that the global economic war will become much wilder, very soon ...

Comments

Popular posts from this blog

Mystery solved: here's why the Western mainstream media suddenly 'discovered' the war in Yemen

globinfo freexchange
Why it took so long for the Western mainstream media to 'discover' the war in Yemen and the war crimes committed by the Saudi coalition in full co-operation with the US?
One might think that the humanitarian disaster there - caused also by the blockade of goods for the relief of the civilians - has become so obvious, condemned multiple times by the UN, that the media finally forced to speak about it.
In previous article we attempted to explain the 'unexplained phenomenon' and the fact that CNN surprisingly returned to the issue to openly condemn the US support to the Saudi coalition atrocities against civilians in Yemen.
Yet, despite that the Saudi regimes have been, traditionally, the best allies of the Western neocolonialists, this time, the US had serious reasons to overthrow the Saudi crown prince Mohammed bin Salman (MBS). And, surprisingly enough, at the center of this underground conflict lies an attempt by the US to privatize Aramco, Saudi Arab…

Recent US elections confirmed that progressives will have to fight two monsters at once: Donald Trump and corporate Democrats

failed evolution
Nancy Pelosi's speech after Democrats took the House in recent US elections was not just a huge disappointment. Many progressives became furious about her empty speech, which was full of the most obsolete political generalities and cliches.
But it was not just that Pelosi didn't want to committ that Democrats will fight for specific issues - in favor of the vast majority of Americans - that returned in the political debate by Bernie Sanders and the progressive movement.
She actually 'gave the finger' to the progressives straight and clear.
If you don't believe it, just check her own words: “... we will strive for bipartisanship. [...] we have a bipartisan marketplace of ideas that makes our democracy strong ...
Translation: ‘We will do business as usual. The bipartisan dictatorship will remain strong and under the control of the plutocratic elite. Nothing will change, don't bother.
That's all you need to know.
Here is another evidence that the c…

The Snowden files: NSA's plans for a hundred percent coverage of every square inch of the planet

NSA wants to take its battlefield targeting alert system that they used to kill people in Iraq and in other war zones and implement it globally, so that they can target anybody anywhere.
globinfo freexchange
Suzie Dawson, asylum-seeking journalist and current President of the Internet Party of New Zealand, is being targeted by New Zealand intelligence agencies as a result of her activism in the Occupy movement and against the TPP, among other causes.
Dawson spoke with Jimmy Dore and made some astonishing revelations coming from Edward Snowden that were very little known. Here are the most impressive:
According to the NSA, it takes a whole village for them to spy on the UN. That's a direct quote they worked with the State Department and the CIA to spy on and monitor and infiltrate the United Nations.
The NSA was literally planning a system of global control. They refer to it in their documents as the global network and they want that spying network to cover the entire globe. They actua…

The establishment apparatus fabricates another poll to 'adjust' popular preference in favor of Joe Biden, against Bernie Sanders

globinfo freexchange
In late August, we identified an effort by Politico (rather sloppy), to present Joe Biden as the most suitable leader for the Democratic party, based on the fact that he could beat Donald Trump.
The sloppiness of the effort was proved by the way in which Biden was promoted against Bernie Sanders, despite that the latest was beating Trump with the same percentage, according to Politico's poll.
It was CNN that came now with another poll to contribute to this pro-Biden operation and actually verify the title of our article back then. That is, corporate Democrats will promote Joe Biden against Bernie Sanders. Indeed, as usatoday reports:
           Former Vice President Joe Biden holds a wide lead over the other potential candidates to challenge President Donald Trump in 2020, a CNN survey found. About a third of respondents named Biden as their choice to carry the Democratic banner in the next presidential election (33 percent), while Vermont Sen. Bernie Sanders cam…

Liberal plutocrats preparing ground to wipe out progressives and directly take over the Democratic party in US

globinfo freexchange
Through his own humorous style, comedian Lee Camp pointed out something quite serious. As he explained, Facebook's founder and CEO, Mark Zuckerberg, fulfilled all the conditions necessary to run for president of the United States.
One key condition is certain and obvious: tons of money.
Another one, is to pretend to be religious. And this condition is, of course, particularly important in the America of Donald Trump. Indeed, as Camp says, the former Atheist Mark Zuckerberg has suddenly found religion.
And the most recent fulfilled condition by Facebook's boss, was to secure the alliance with the US deep state.
Indeed, on October 11, Facebook announced the removal of 559 pages and 251 accounts from its service, accusing the account holders of “spam and coordinated inauthentic behavior.” The primary thread connecting victims of the purge seems to be that they are critics and/or opponents of the American political “mainstream” or “establishment.”
Also, as Ben Nort…

George Soros tried to get rid of Yanis Varoufakis because the neoliberal regime could not handle Greece and Ukraine simultaneously

globinfo freexchange
In a recent interview at the Greek channel, Crete TV, the former Greek Minister of Finance, Yanis Varoufakis, made some interesting revelations. Among other things, he actually confirmed what the blog thought until now to be an exaggerated far-right conspiracy theory. He essentially confirmed that George Soros intervenes directly to political leaderships, substituting political institutions in Europe and elsewhere.
Varoufakis said that, on June, 2015, George Soros tried to contact Alexis Tsipras via his own ‘channels’. In the interview, Varoufakis claims that he had no idea what Soros wanted to talk about.
As Varoufakis also writes in his book Adults in the Room: My Battle with Europe's Deep Establishment, for years he has been falsely portrayed by the pro-troika establishment and the anti-Semitic Right as Soros’s stooge in Greece.
Yet, Soros’s message to the Greek prime minister, Alexis Tsipras, came as a perverse vindication. ‘Fire Varoufakis! Europe cannot affo…

Major cheerleader of the Iraq war says entire Arab world is completely dysfunctional!

globinfo freexchange
           I got news for you. The entire Arab world is dysfunctional right now. Completely dysfunctional. And I think it has the potential to be a giant Yemen. A giant human disaster area.
Guess who said that, and most importantly, why he said it:

For a moment we thought that a miracle was about to happen. We thought that Thomas Friedman would become one of the few exceptions that would declare regret for supporting the Iraq war, in a self-criticism short 'crisis'. You know, the war that was based on big lies and opened Pandora's box for the Middle East chaos. But no. It was too good to be true.
As Ben Norton of the Real News explains:
For the past two years, many leading pundits have been portraying Mohammed bin Salman (MBS) as essentially the savior of the Middle East, if not of the world. Thomas Friedman is probably the most egregious example. But Thomas Friedman is a powerful New York Times columnist, a so-called expert on the Middle East. And he, of c…

Another US slow motion coup in Latin America: astonishing details on how the neoliberal-fascist complex destroyed Leftist leaders in Brazil and brought Jair Bolsonaro to power

globinfo freexchange
Greg Wilpert of the RealNews, spoke with Brian Mier, editor for the website Brasil Wire, about the recent developments after right-wing extremist Jair Bolsonaro won the presidential election in Brazil.
Mier revealed astonishing details on how the neoliberal-fascist complex in Brazil (fully backed by the US), undermined and destroyed the most popular leaders of the Workers' Party (PT), Lula da Silva, Dilma Rousseff and even Fernando Haddad, in order to bring Jair Bolsonaro to power.
The purpose of this slow motion coup was what has been always for the US empire, especially in Latin America: to secure and broaden the absolute domination of the US and the Western corporate monopolies and destroy any Leftist resistance against the neoliberal status quo.
As Mier explained:
On the eve of the Supreme Court decision - which ruled on whether Lula should be imprisoned or not, exceptionally, in a moment when his appeals were still going on, contrary to hundreds of other poli…

New poll gives evidence that the establishment upgrades the identity-politics weapon to crush Bernie Sanders and his progressive movement

globinfo freexchange
Another suspicious poll came out to promote various establishment options against Bernie Sanders. As the Hill reports:
President Trump trails Michelle Obama, Oprah and Sen. Kamala Harris (D-Calif.) by double digits in potential 2020 presidential races, according to a new poll.
Trump also trails several other female candidates in potential races, although by slimmer margins, the Axios poll conducted by SurveyMonkey found.
The poll shows Trump trailing by 13 points to Obama among registered voters polled, by 12 points to Oprah and by 10 points to Harris. He's also down by 9 point to Sen. Amy Klobuchar (D-Minn.) among registered voters surveyed, by 6 points to Sen. Kirsten Gillibrand (D-N.Y.) and by 5 points to his 2016 opponent, Hillary Clinton.
The closest race would be between Trump and Sen. Elizabeth Warren (D-Mass.), the poll found. Warren has a 2-point lead among registered voters, according to the poll.
The poll includ…

The real reason the knives are out for Mohammed bin Salman

In the six weeks before Khashoggi’s disappearance, MBS not only managed to anger the U.S. military-industrial complex but the world’s most powerful bankers.
by Whitney Webb
Part 4 - Trouble in neoliberal paradise
While it is impossible to know MBS’ exact reason for getting cold feet in his once-ambitious plans to privatize the kingdom, we can guess. Indeed, there is a reason that MBS’ elders in the Saudi Royal family have long rejected neoliberal reforms and the mass privatization of their economy.
A 2016 report from Foreign Policy succinctly states why past Saudi Royals have avoided “free-market reforms” as the older generations of the House of Saud “understand the fragility of a monarchy whose brittle pillars rest on the quiescence of conservative clerics and a merchant class hostile to the free-market reforms that will undercut their privileges.” However, far more Saudis than just the “merchant class” have grown accustomed to the largesse of the Saudi state, as the majority of Saudi c…