Agustín Guillermo Carstens, General Manager of the world central Bank for International Settlements, speaking at Goethe University, in Frankfurt, Germany, condemns Bitcoin (the world’s first decentralized digital currency) as “a combination of a bubble, a Ponzi scheme and an environmental disaster.”

       NOTE: The real reason why Carstens condemned Bitcoin is that unlike fiat (Latin for “let it become”) currencies, he cannot control and manipulate its price.

       [added 3/28/2023] Thanks to Freedom’s Phoenix for this entry.

       While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” the “dollar” falls to an all-time low against Bitcoin, the world’s first de-centralized, crypto-currency, trading at 8,958.47 FRN to one BTC.

       [added 1/2/2026] Thanks to Freedoms Phoenix for this entry.

Subsequent Events:

3/6/2018                   6/17/2018                   12/17/2020

References:

Current U.s. National Debt:

$38,857,671,304,563

Source