Digital Currencies were covertly created by the Rothschild family as an eventual means of control over everyone. It even points this out in the Bible.
This medium is also used by hackers to scam people out of their hard earned money because it is the easiest thing in the world at this time to do. The biggest reason why this is possible is because it is not regulated in the banking sense of that word.
Since February 2023 I have been scammed out of a total of around $47,000 - via three different scams.
The first one was for around CDN$1500 and occurred because I was trying to buy crypto currencies to put into an 'investment' (actually the 2nd scam!!!). This is where the problems started and where I began to see what crypto currencies were really all about.
What am I talking about? The requirement that the various exchanges put upon you to buy crypto currencies. When crypto currencies first appeared anyone could buy them if they knew how which 99.999% of people didn't. So it was a fringe thing, with even a pizza parlour accepting bitcoin as payment when bitcoin was around 1 cent!
As more and more 'nerds' (I call them this because these are the people who understood computers and this way of buying a digital currency) began purchasing and using bitcoin (and very few of them were criminals) certain individuals began to be a 'hub' for buying and selling. Then exchanges started cropping up.
Over time exchanges, which were set up by young people (who constantly violate the first law of buisness which is to have a point of contact that is easily accessible to anyone - that is still a telephone), began to require customers to have mobile phones so that two factor authentication (2FA) could be done.
Now, for someone like me who stopped using mobile phones in 2012 due to their breach of privacy violations and government tracking capabilities, I couldn't use these exchanges and if I somehow was able to open an account (with Coinberry in Toronto) they changed their operating basis by requiring customers to use 2FA which only mobile devices had. As an aside, Coinberry allowed small deposits, like the $5 I did, but did not allow that same size deposit to be withdrawn. That required a minimum of $100!!!! So even here we have a level of fraud that was not noticed by the regulators (Ontario Securities Commission). Its been three years since I set that account up and when I tried to access it, because I have a Windows 10 laptop now, I found that they had been purchased, or handed over to, Bitby. An email was sent a few days ago and I have heard nothing.
Another aspect of these exchanges is that there is no phone contact for them - they do everything by email but even that is normally done via a contact page not an actual email address. You can't even visit them as they don't have easily locateable addresses. For all one knows, an exchange like Binance may be being run out of someone's basement!
So lack of accountability and transparency is rife in the crypto currency world. Anonymity is touted a lot by those pushing crypto currencies and that is exactly what makes them extremely dangerous. Yet, to buy them one has to go through what is called a 'Know Your Customer' (KYC) process to open an account with any exchange. So its totally the opposite of having anonymity. If you are dealing directly with crypto currencies via Telegram or any other platform like that where you are attempting to purchase without using an exchange that is where the danger lies.
I didn't know this at the time when trying to purchase bitcoin via a site that allowed one to buy with a credit card.
Due to the fact that my card kept being rejected (another road block deliberately put there by the credit card companies) ..... more to come
This page was last modified on 28 December 2023 @ 11:31pm EST