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HODLing Bitcoin Hurricane Max in Acapulco, From One Natural Disaster To The Next

Currencies / Bitcoin Sep 21, 2017 - 08:50 AM GMT

By: Jeff_Berwick

Currencies

Those who follow me on Facebook know that I reported live this week from Hurricane Max in Acapulco, which luckily just missed our area, as opposed to four years ago today where a tropical storm wiped out some local towns and our anarchist rescue team helped in the recovery.


I then arrived yesterday in Mexico City just in time to live stream the 7.1 earthquake that hit the area. (*Note: I spent the evening with Jose Rodriguez of Bitso.com who had been helping the recovery all day and has started a fundraiser to help people in Mexico City HERE.)

Damage at the airport wasn’t bad but most flights were cancelled and I ended up scouring the airport like a vagrant for hours looking for my bag and then searching the entire city for the one remaining hotel room… which the damned price gougers had at $2,000 US for the night… albeit it was the Presidential Suite at the St. Regis. Thank you, by the way, price gougers.

As I write now I am finally on my connecting flight through to Houston, then Denver, then Aspen for the Nexus conference.

Before leaving Anarchapulco, though, I did an interview with the Silver Doctors about bitcoin where we talked about the Chinese fiasco... namely that the Chinese government threatened to kidnap or kill anyone operating a bitcoin exchange within their arbitrary, illusionary sphere of extortion. If I haven’t said it before, let me say now, f**k you, Chinese government.

In any case, as I pointed out, this will essentially prove to be futile in the grand scheme of the cryptocurrency market. All that the Chinese government can do is threaten its citizens with violence to scare them into closing down major exchanges in the mainland.

This will result in forcing existing mainland exchanges to move their operations elsewhere to places like Hong Kong and Singapore. And, eventually, into decentralized exchanges which exist exactly nowhere… try threatening code, government!

As I have said in the past, it is impossible to end bitcoin with a government decree. Bitcoin don’t care, it’s the honey badger of currencies and is based on emotionless mathematical equations. Exchanges, which are centralized, can fear the boot of government stomping down on their faces, but the bitcoin blockchain knows no fear.

Check out the full interview here which goes into further depth about these aforementioned points.

Hopefully there aren’t too many more natural disasters in my near future… but we are nearing September 23rd, which many speculate will have a major event… and today is actually the end of the Jubilee year… if it is this year.

Not to mention the Mexico City earthquake was exactly 32 years ago to the day from the major Earthquake that hit in 1985… and the number 32, reversed, is 23… which is a highly occult number. And the entire country of Mexico had an earthquake drill at 11am on the day of the earthquake… making one wonder… Globalist planned and caused via HAARP? Supernatural? Or all just coincidence?

We’ll just continue to pay attention to the signs and see what happens. Until then, keep calm and HODL bitcoin.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2017 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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