The Hidden Agenda Behind Crypto and Bitcoin

Crypto and Bitcoin are often seen as revolutionary financial tools, but there's more to the story. Imagine a world where every transaction you make is tracked, monitored, and recorded. This is not a dystopian fantasy but a potential reality, according to some experts. The idea of a universal ledger, where every financial move is visible, is not new. In 2015, Dr. Harald Malmgren, a senior aide to four U. S. presidents, revealed that policymakers were working on a cashless system. This system would use blockchain technology to create a comprehensive ledger for every individual and business, recording everything from mortgages to spending habits. So, why is this a big deal? Well, if the government can see everything, they can also regulate everything. Dr. Malmgren pointed out that regulators could use this system to issue guidelines on what they deem as "normal" or "appropriate" behavior. This could lead to invasive questioning about your daily activities, all in the name of moral self-justification.But what do the big players in finance think about this? Jamie Dimon, CEO of JP Morgan, has publicly stated that Bitcoin is a scam. He dislikes the anonymity it provides and prefers a blockchain-based system where transactions can be traced. Similarly, Larry Fink, CEO of BlackRock, wants to tokenize every asset so that it's traceable via blockchain. Connect the dots here. The government wants a blockchain-based financial system for tracking purposes. The CEOs of the largest bank and asset management firm in the world support this idea. And crypto, despite its popularity, is not a real currency. If it were, it would violate counterfeit laws. So, the next time someone tells you that crypto is an escape from the system, remember that the most connected financial elite in the world have a different agenda. They want a system where everything is visible, traceable, and controllable.