Watch this on Rumble: https://rumble.com/v5fd3dn-nsa-ripple-blackrock-jpmorgin-and-the-new-cbdc-dollar.html
Who is really behind bitcoin? Dan Pena, the trillion dollar man, said in a conference if you knew who was behind Bitcoin, you would sell it as fast as you can. Why did he say that? Well, the rumor is it was created by Satoshi Nakamoto, which is a pseudonym anagram for a secret national security agency project that was tested in public with great success. The NSA picked Chris Larsen to pitch Ripple’s XRP to the world economic forum as a new CBDC which at first was turned down because it was not centralized. Ripple later was awarded to be the next cryptocurrency to replace the federal reserve and FedNow which replaces SWIFT. This is the Blackrock, JPMorgin 1.4 quadrillion backing that is rumored to replace OPEC crude backing the federal reserve note.
Chris Larsen owns 5.19 billion XRP tokens valued at 2.6 billion dollars today. Who is he? How did he get to the board of directors for Ripple? Who is Ripple? Larsen is the co-founder and former CEO of the company. He stepped down from that position in late 2016 and now serves as executive chairman, according to Forbes. Larsen’s personal stake is 17% in Ripple. The rumor is he used to work for the NSA. And if that is untrue, he has a contract with them.
Chris Larsen is San Fransisco’s top law-enforcement donor, founded a business deemed by federal law enforcement to have broken securities law for years. BSc, San Francisco State University; MBA, Stanford University. Co-Founder and Chief Executive Officer: Ripple, a global leader in distributed ledger technology and real-time settlement; Prosper, a peer-to-peer lending marketplace; E-LOAN, a publicly traded online lender. While with E-LOAN, pioneered the open access to credit scores movement by making E-LOAN the first company to show consumers their FICO scores. Also played a pivotal role in the passage of the strongest consumer financial privacy law in the nation. Member of the Board or Advisory Board: Betable; CreditKarma; Electronic Privacy Information Center (EPIC). Alumnus of the Year, San Francisco State University (2004).
When Ripple was created, it was the dream team. Jed McCaleb was building the consensus network alongside current CTO David Schwartz – before Ripple, Schwartz had been doing various work, such as integration work for the NSA. In 2012, McCaleb also managed to convince the CEO of Kraken, Jesse Powell, to invest in Ripple. The team was complete: David Schwartz, Chris Larsen and Jed McCaleb with the backing of Jesse Powell.
So, Chris Larsen doesn’t have any background at all in any secret service and was hired to sell XRP because Jeb couldn’t sell it. Althouhgh Chris did pitch it to the world economic forum, perhaps he wasn’t the person who created Bircoin with the NSA as the rumor suggests, rather it was David Schwartz. I started digging there. David’s LinkedIn profile pic looks like Jesus. He’s skilled in assisting companies with strategic planning in emerging technologies such as distributed payment systems and secure computing. Expertise in cryptography, computer security, and software development particularly for startups and quickly-growing, small companies. He Invented a hierarchical system for distributing workloads over multiple computers. Handled
interactions with the USPTO to obtain United States patent 5,025,369. Managed marketing and licensing efforts.
After cutting and pasting the patent number, I saw this reddit post which says:
David Schwartz sure has been at it for quite some time…Patent # 5025369
This guy and his incredible mind, Way before Mr. Satoshi Nakamoto…
Source #1
Source #2
https://patents.justia.com/patent/5025369
Go to the link below for Davids Linkedin account. If you scroll all the way to the bottom in his “Experience Section” he has CEO of David Schwartz Enterprises written. He was CEO from 1988 to 1991. In the description of this position he also has the patent number written. This is the same company assignee name used in the document I shared before. Here is the link to his Linkedin….
https://www.linkedin.com/in/david-schwartz-8b767b34
This information, according to the Reddit sources confirms David Schwartz is Satoshi Nakamoto because there’s an interesting reference in the patent documents. If you look carefully, you’ll see a name very close to Satoshi Nakamoto. The forums all talk about David being an NSA guy. His patent is a diagram for distribution of work for computer systems. The patent was accepted in ’91, so long before Internet as we know. The Economist (Magazine) released the cover with the Phoenix in 1988. David Schwartz’s patent was also submitted in the same year. They all believe Bitcoin was only a beta test for what is now XRP. There’s an interesting reference in the patent documents. If you look carefully, you’ll see a name very close to Satoshi Nakamoto. David is Satoshi or at the very least is part of the group who makes up Satoshi. David’s patent was a distributed ledger which shows that David was thinking about these things for long time.
David Schwartz is a prominent figure in the cryptocurrency world, best known as the Chief Technology Officer (CTO)of Ripple Labs. Ripple is a blockchain technology company that focuses on creating a global payment network.
Schwartz has played a significant role in developing Ripple’s technology and has been instrumental in driving its growth and adoption. His expertise in computer science and blockchain technology has contributed to Ripple’s position as a leading player in the cryptocurrency industry.
Ok, so we found the link to the NSA and it’s David. So we know Bitcoin was created by the NSA with help of this guy who thinks he’s Jesus. But what does this have to do with the US Dollar? I believe this was all setup to replace the oil standard when the time came and crash the dollar or more importantly, squeeze the last ounce of value before going digital. The derivitives market once again has been overblown to where it was back in 2008.
BlackRock and JPMorgan Chase are two of the largest financial institutions in the world. They both have been involved in the cryptocurrency space, albeit in different ways.
BlackRock
Investment Giant: BlackRock is a global leader in investment management, offering a wide range of investment products and services.
Crypto ETF: In 2023, BlackRock filed for a spot Bitcoin ETF, a move that significantly increased the anticipation for institutional adoption of Bitcoin.
Crypto Initiatives: While the ETF application was initially denied, BlackRock’s interest in the cryptocurrency market indicates a growing acceptance of digital assets among traditional financial institutions.
JPMorgan
JPMorgan Coin: The bank has developed its own cryptocurrency, the JPM Coin, designed for institutional payments.
Blockchain Technology: JPMorgan has been actively involved in blockchain technology, exploring its potential applications in various financial services.
XRP
Digital Asset: XRP is a digital asset created by Ripple Labs. It was initially designed to facilitate cross-border payments.
Legal Battle: Ripple has been involved in a legal battle with the U.S. Securities and Exchange Commission (SEC) over whether XRP is a security. The outcome of this case could have significant implications for the cryptocurrency market.
Potential: If XRP is ultimately deemed not to be a security, it could gain more widespread acceptance and potentially rival Bitcoin and Ethereum as a leading cryptocurrency.
Interconnections: It’s worth noting that BlackRock and JPMorgan have both been involved in initiatives that could indirectly impact XRP. For instance, if BlackRock’s Bitcoin ETF is approved, it could increase the overall interest in cryptocurrencies, potentially benefiting XRP as well.
Important to Note: The cryptocurrency market is highly volatile, and the future of XRP, as well as the broader crypto landscape, is subject to various factors, including regulatory developments, technological advancements, and market sentiment.
Ripple’s Strategic Move into the Derivatives Market
Ripple’s entry into ISDA, a globally recognized trade organization, positions XRP to take full advantage of the massive derivatives market. This bold move, supported by BlackRock and JPMorgan, allows XRP to be used for payments on an unprecedented scale, potentially reshaping the financial landscape. The integration of XRP into this market is a testament to the growing acceptance of blockchain technology in traditional finance.
A key benefit of Ripple’s expansion into the derivatives market is the enhanced role of the XRP Ledger System CryptoTradingFund (CTF). Customers making payments with XRP at participating merchants can earn CTF tokens as rewards, both online and offline. These tokens can be used to purchase products or be exchanged for fiat currency, providing users with a unique cash-back opportunity. The limited supply of CTF tokens, coupled with growing demand, has led to speculation that their value could soar from $0.72 to an impressive $498.
As Ripple continues to solidify its presence in traditional finance through its collaboration with ISDA, BlackRock, and JPMorgan, the future of XRP looks brighter than ever. The ability to facilitate $1.2 quadrillion worth of derivatives transactions across borders is a testament to the potential of blockchain technology to revolutionize the financial industry. With XRP at the forefront, supported by the innovative CTF tokens, the world of finance is on the brink of a transformative shift.
In conclusion, Ripple’s integration into ISDA, alongside financial powerhouses like BlackRock and JPMorgan, marks a pivotal moment in the evolution of digital currencies and their role in global finance. As XRP prepares to enter the $1.2 quadrillion derivatives market, the potential for significant growth in both the use of XRP and the value of CTF tokens is undeniable. The financial world is watching closely, and the ripple effects of this strategic move are sure to be felt for years to come.
BlackRock and JPMorgan are not trying to enter the entire derivatives market, which is estimated to be worth $1.2 quadrillion. Instead, they are focusing on a specific segment of the market called collateral management. Collateral is the assets that investors pledge to secure their derivatives trades.
BlackRock and JPMorgan have developed a new blockchain-based platform called the Tokenized Collateral Network (TCN). This platform allows investors to tokenize their collateral assets, making them more liquid and efficient to use in derivatives trades.
By using TCN, BlackRock and JPMorgan aim to:
- Reduce the cost of collateral management: The current process of managing collateral is complex and expensive. TCN can streamline this process, saving investors money.
- Increase the efficiency of collateral management: TCN can help investors to more easily access and use their collateral, improving the efficiency of derivatives trades.
- Expand the range of assets that can be used as collateral: TCN can make it possible for a wider range of assets to be used as collateral, giving investors more flexibility.
- BlackRock and JPMorgan believe that TCN has the potential to revolutionize the way that collateral is managed in the derivatives market. They are working to expand the platform and attract more participants.
It is important to note that BlackRock and JPMorgan are not the only companies that are interested in using blockchain technology to improve the derivatives market. Other major financial institutions, such as Goldman Sachs and Citigroup, are also exploring this area.
BlackRock and JPMorgan’s Tokenized Collateral Network (TCN) has the potential to significantly improve the derivatives market in several ways:
Increased Efficiency:
Faster Settlement: By tokenizing collateral, the process of transferring assets can be streamlined, reducing settlement times.
Reduced Operational Costs: Blockchain technology can automate many of the manual processes involved in collateral management, lowering operational costs.
Enhanced Transparency:
Immutable Records: Blockchain’s distributed ledger provides a transparent and immutable record of all transactions, increasing trust and reducing disputes.
Improved Oversight: Regulatory authorities can more easily monitor market activity and identify potential risks.
Reduced Counterparty Risk:
Smart Contracts: Smart contracts can automate the terms of derivatives agreements, reducing the risk of default or disputes.
Increased Trust: The transparency of blockchain technology can foster trust among market participants.
Expanded Access:
Lower Barriers to Entry: By making collateral more accessible, TCN could lower the barriers to entry for smaller investors and institutions.
Increased Liquidity: A more liquid market can lead to better pricing and more efficient risk management.
Innovation:
New Financial Products: Blockchain technology could enable the creation of new, innovative derivatives products.
Improved Risk Management: More efficient and transparent markets can support better risk management strategies.
Overall, TCN has the potential to revolutionize the derivatives market by making it more efficient, transparent, and accessible. This could benefit a wide range of market participants, from individual investors to large financial institutions.
We have heard Larry Fink talk about crypto as the future of freedom from centralized money. But I don’t buy it. I want to know if this is a scheme to replace the dollar.
The Tokenized Collateral Network (TCN) does not directly help XRP replace the dollar.
While XRP has been touted as a potential alternative to traditional currencies, its success in this regard depends on a variety of factors, including:
- Adoption: XRP needs to be widely adopted by businesses and individuals as a means of payment and store of value.
- Regulatory Approval: Regulatory bodies around the world need to provide clear guidance on the use and regulation of XRP.
- Technological Advancements: XRP needs to continue to evolve and improve its technology to meet the needs of users and businesses.
TCN, on the other hand, is focused on improving the efficiency and transparency of collateral management in the derivatives market. While it could potentially contribute to a more efficient and interconnected financial system, it does not directly address the issues of currency replacement or the challenges faced by XRP in this regard.
To summarize:
- TCN: Focused on improving collateral management in the derivatives market.
- XRP: Aims to be a digital currency alternative to traditional currencies.
- No Direct Link: TCN does not directly help XRP replace the dollar.
The success of XRP as a currency alternative will depend on factors beyond TCN, such as adoption, regulatory approval, and technological advancements.
However, based on the general trends in conspiracy theories about financial systems and technology, here are some potential angles that conspiracy theorists might take:
- Centralized Control: They might argue that TCN is a tool for centralized control, allowing a select few to manipulate markets and wealth distribution.
- Hidden Agenda: They could speculate about a hidden agenda behind TCN, such as surveillance, data mining, or even a global financial reset.
- Technological Manipulation: Conspiracy theorists often fear new technologies, believing they can be used for nefarious purposes. They might claim TCN is a way to manipulate markets or even control individuals.
The agenda is clear to me. Back in 2008, all of the financial institutions came together to ask for bailouts. The government did what they asked because they were told the economy would crash worse than it actually did. I think the same thing is happening again but instead of a bailout, the financial institutions are going to offer an alternative. The 2008 crash was because of a bloated market where investments were over valued. This is the idea here. Again all of the derivitives market should not exceed our debt which is 35 trillion. Blackrock and JPMorgin are setting us up to switch the derivitives market value from the dollar to the tokenized ledger and say it’s backed by non centralized data. To sum this up and make it really simple to understand, the NSA created a new money system designed off software instead of paper and gave it to a private company to develop. The private company Ripple received authority from the government to replace the dollar after a market crash threat. Blackrock and JPMorgin will offer an alternative to fix this before the world goes bacnkrupt. XRP will be valued at $1.00 by this time and this sets up the bankers, who already own the federal reserve to make the switch to digital currency to avoid a collapse. And the proof that this was our own secret service that was behind this in the late 80’s matching David Schwartz who created the first tokenized currency after filing a patent in 1991. Bitcoin was released in 2009 as a proof of concept.
The entire Bitcoin system, including all existing Bitcoins, is incredibly valuable. Its total market capitalization is measured in the hundreds of billions of dollars. This value is derived from:
- Scarcity: Bitcoin has a limited supply, which can drive up its price.
- Demand: The demand for Bitcoin as a store of value, means of exchange, and speculative asset contributes to its value.
- Technological Innovation: The underlying blockchain technology of Bitcoin is considered groundbreaking and has potential applications beyond cryptocurrency.
However, it’s important to note that the value of the Bitcoin system is not fixed and can fluctuate significantly.Factors like market sentiment, regulatory changes, and technological advancements can influence its overall value.
So, Dan Pena was trying to warn us that it was the federal reserve who is owned by JPMorgin and others is behind XRP and saw the dollar will eventually need to be replaced while Bush Sr. was President back then and has slowly been preparing us for CBDC by manipulation. Once complete, Ripple will have full access to every token anyone has. For example, you will receive funds via string of numbers. The banks will enter those numbers in and see what value they have. Your bank account will show that value. Ripple can take that token you have and remove the value on that string. Your bank will then show you have no money. This is the problem with CBDC and Blackrock JPMorgin chase using the derivitives market as their excuse to replace the dollar during an up and coming collapse.
Sources
https://www.facebook.com/share/r/WT8MEEdHMjrHv9Qr/?mibextid=UalRPS
https://cryptonary.com/research/a-brief-history-of-xrp-jed-mccaleb
https://patents.google.com/patent/US5025369A/en