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Discussion in 'The Kruse Longevity Center' started by Jack Kruse, Jun 21, 2021.

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  1. Jack Kruse

    Jack Kruse Administrator

    Why did China only have to ban Facebook and Google once, but has to continue to "ban" Bitcoin again seemingly every year? Answer: they fear the global effects of decentralization because it leads to freedom.

    The Digital Yuan

    - easily reverse transactions

    - easily hacked

    - centralized

    - unlimited inflation

    - easily censored

    - coercive

    - surveillance tech

    - easily confiscated

    BTC - has none of the above qualities.

    That is why the CCP screwed the miners. Decentralization is anti-CCP and anti-WEF. Never forget it.

  2. Jack Kruse

    Jack Kruse Administrator

    Authoritarian governments will attempt bitcoin bans; free nations will prioritize monetary competition. I hope the USA does not follow China's lead on BTC the way it did on lockdowns.
  3. Jack Kruse

    Jack Kruse Administrator

    Soon If investors, lawyers, government regulators, and Supreme Court Justices don't learn to code the taxpayer will be at the mercy of those who can. That is the game the Fed, CCP, healthcare companies, and bankers are playing with your life.
  4. Jack Kruse

    Jack Kruse Administrator

    The Chinese mining ban is great for Bitcoin in the long run. 1) Decentralizes hashrate 2) Chinese mining FUD is no longer a risk 3) China loses control on the most important economic asset of our lifetime 4) Mining will move to areas more focused on renewable energy [​IMG]
  5. Jack Kruse

    Jack Kruse Administrator

    80% of China's mining ban is already enforced. The stage is set for fresh hash rate growth that gets rid of the China FUD on mining power (51% attack). Further hash rate drops from China are no longer the risk factor to Bitcoin.

    Now it's time to watch stocks crash in the next 4 months.
  6. Jack Kruse

    Jack Kruse Administrator

  7. Jack Kruse

    Jack Kruse Administrator

  8. Jack Kruse

    Jack Kruse Administrator

    Most people accept now that the CCP lied about Covid creation and containment but somehow believe they were right about lockdowns. This logic is abysmally wrong and backwards.
  9. Jack Kruse

    Jack Kruse Administrator

  10. Jack Kruse

    Jack Kruse Administrator

    caroline and JanSz like this.
  11. Jack Kruse

    Jack Kruse Administrator

    Via @biancoresearch "The Fed currently owns $2.34 trillion in MBS, which is roughly a third of the Bloomberg Barclays MBS Index." Will Powell listen to Waller's voice of reason and act sooner rather than later to stop inflicting damage on US households via MBS QE? https://pic.twitter.com/sH01BhUQ8B
    caroline, GavinH and JanSz like this.
  12. Jack Kruse

    Jack Kruse Administrator

    Remember China and Biden are card-carrying WEF members. This means they have the same goals. Pay attention to what is coming. The media will soften the blow to try to make it seem like nothing.

    Peter Schweizer, president of the Government Accountability Institute (GAI), said on Monday, July 11, 2021, that his organization had confirmed that President Joe Biden “was a direct beneficiary” of Hunter Biden’s financial deals with foreign interests.
    Schweizer explained how GAI cross-referenced Secret Service travel logs during Joe Biden’s tenure as vice president to corroborate the authenticity of Hunter Biden’s emails. GAI’s forthcoming reports on the laptop’s contents will expose disastrous dimensions of the Biden family.
    “We’re in the middle of the investigation now, but by the end of the year it will be completed, and it will take on a far more sinister tone than it has even now in terms of what it says about the Biden family and the vulnerabilities of the Biden family,”

    This is the kind of story that pushed BTC way higher as we enter 2022.

  13. Jack Kruse

    Jack Kruse Administrator

    By Martin Jay via The Strategic Culture Foundation:

    China has just announced that it will invest 400 billionn dollars in Iran over a period of 25 years in exchange for a great deal on Iran’s oil – in the latest move of absolute defiance against the U.S. and its secondary sanctions. Where’s this all heading?

    400 bn dollars is a considerable amount of money to invest in Iran, which, since Donald Trump pulled the U.S. out of the JCPOA (otherwise called the ‘Iran Deal’) we can certainly say is a poor country. In exchange, China gets rock bottom prices on oil, while both sides enjoy the double-whammy of sending a vociferous message to Washington: your days are up as a superpower who can bully countries with sanctions.

    The deal was really the last thing that Joe Biden needed in barely his six months in office, where he has been weak on Russia and China and arguably pathetic in the Middle East when it comes to delivering on the ‘America is back’ rhetoric. ‘America is back to what, we might all wonder, given that Iran is commissioning drone strikes against U.S. forces, Afghanistan is rapidly heading towards a Taliban takeover and the Iran talks in Vienna have more or less ended with a draft of what the Guardian euphemistically calls a ‘roadmap’.

    China’s investment deal with Iran sends a stark, lucid message to Joe Biden that it intends to take advantage of America’s lame ‘soft diplomacy’ geopolitics and move in with real policies, which in practical terms means investment. With GCC countries squabbling amongst themselves about oil productivity, during a six-year high on the price per barrel and an Iran deal more unlikely than ever taking shape, the region more confused than ever about how much of a two-way street America’s hegemony is in the region, the Middle East is tilting ever so slightly towards the East. It’s not just that Assad became the new friend with GCC leaders because he masterly used the Russians as a guarantor of staying in power which is driving Gulf Arab elites to look towards China as a potential new partner, but Arabs put so much more trust in China as a longer-term partner which they can rely on. Stability.

    One of the reasons why a new re-worked Iran Deal is so unlikely to happen is for the same reason. How long could Washington even guarantee a sanctions-free deal? One term of Joe Biden?

    Middle East leaders, as well as those in the MEMA region like Egypt, are looking for a solution to an impending Arab Spring 2.0 and they don’t see any point in investing in Biden for help there, which is why they are getting closer to Assad and hedging their bets that when the brown stuff hits the fan, Russia (and perhaps even China) could be behind them to keep them in power.

    For such an arrangement to happen, you have to have deals that go beyond simply rockets and guns – that is assuming that the Biden administration will eventually let a 23 bn dollar deal for F35s even go through to the UAE, with obvious fears that technology could be shared with the Chinese if Bejiing makes the moves in the region to buddy up with GCC countries.

    But this massive deal with Iran sends a message to Gulf Arab states which Washington might note. The message is that the Chinese are long-term players who are looking for long-term partners and many GCC countries’ elites will look at the deal and wonder why they are not looking at China for more partnerships in construction, energy, telecoms, and even defense.

    The news of the China-Iran deal came more or less with the announcement to the UAE blocking an OPEC idea to boost oil production. It gave many western media hacks the opportunity to go big on the UAE-Saudi “rift” angle to their stories. In reality, though, these two GCC super states have not been on the same page for quite some time and the lack of a Big Brother (i.e. Uncle Sam) has not helped. In reality, they disagree on Iran, Qatar and even Yemen, so a war of words about 2 million barrels of oil a day is hardly anything to get hot and bothered by.

    But the China deal with Iran should shake them up and make them realize that there is disarray in the Middle East which can’t be blamed entirely on the U.S. taking a step back and playing geopolitics by numbers. Biden’s understanding of the region and its nuances is often overplayed by hacks, simply because he was on a committee in Washington for years which covered the region and he was VP under Obama. He is remarkably ignorant of what it really important and is not at all able to understand the sensibilities of its leaders. For this, we can understand why he falls into traps easily set by Iran (which in reality sees a sanctions-free deal with the U.S. as hardly worth the effort), whose leaders are looking to other Big Brother models to embrace. The China deal shows the region and Washington that the U.S. is no longer the superpower that can expect so much leverage from so little action. The world is changing and the Trump move in 2018 to remove the U.S. from the Iran deal merely enhanced and emboldened a new world in the East which is amalgamating as a direct result of American’s delusional views about where it thinks it is in the world. With Iran selling so-called “illegal” oil already to China (and probably to India at the end of the year), the secondary sanctions which Trump imposed will no longer be worth the paper they’re written on. Invest in Iran.
  14. Jack Kruse

    Jack Kruse Administrator

    Vengeance and glory are the ways of the CCP and were the way of the Trojans. Bitcoiners are the Herdsmen that Xi looks to harm.

    "After almost a year and a half of lockdowns and other 'measures,' the influence of the Chinese Communist Party on them is still insufficiently recognized. Some argue that the lockdown is Xi Jinping's Trojan horse." https://www.fvd.nl/lockdown-is-china-paard-van-troje
  15. Jack Kruse

    Jack Kruse Administrator

    The USA is Troy. Lockdowns, masks, blue check docs, and the jab are its "Trojan Horse"
  16. Jack Kruse

    Jack Kruse Administrator

    CCP NATIONAL HEALTH COMMISSION: COVID-19 vaccines must remain voluntary, local health authorities MAY NOT mandate the COVID-19 vaccine - Global Times

    American Progressives are actually pushing for worse policy than the CCP is. That is how bad things are.
  17. Jack Kruse

    Jack Kruse Administrator

    John Schumacher, GavinH and JanSz like this.
  18. Jack Kruse

    Jack Kruse Administrator

    BTC #30 laid out the key to understanding hash rate. Now we see many stories of where the hash rate is headed. Thai telecom JTS to install 50,000 mining machines before the next Bitcoin halving in 2024. "The company plans to have 5% of the total global mining capacity."
    John Schumacher, GavinH and JanSz like this.
  19. Jack Kruse

    Jack Kruse Administrator

  20. Jack Kruse

    Jack Kruse Administrator

    China #Evergrande Group, the most indebted developer in China slides 4.6% in HK after S&P Global Ratings warned of a potential downward spiral. Evergrande’s liquidity position is eroding more quickly and by more than we previously expected
    John Schumacher and JanSz like this.
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