Written by Sylvain Saurel - In Bitcoin We Trust
Former U.S. Secretary of State in the Obama administration, Hillary Clinton has just made a notable media appearance talking about Bitcoin. Here's what the former first lady of the United States had to say during the Bloomberg New Economy Forum in Singapore:
“Bitcoin is a threat to the dollar and its role as an international reserve currency.”
After hearing this message delivered by Hilary Clinton, my first reaction was this:
“Yes, that’s the plan, Hilary, and for the better.”
Bitcoin is an alternative system that addresses the shortcomings of the current monetary and financial system, at the center of which is the U.S. dollar, so dear to Hilary Clinton. If I write such a sentence when talking about Hilary Clinton, it is because she has never hesitated to defend the hegemony of the American dollar by any means possible.
Hilary Clinton voted for the war in Iraq which had only one goal: to protect the petrodollar
The former senator of the State of New York (from 2001 to 2009) voted in favor of the invasions of Afghanistan, but also of Iraq. The latter country has, as we know it today, absolutely nothing to do with the attacks of September 11, 2001. But a scapegoat was needed to calm American public opinion.
On the other hand, we all know that Saddam Hussein had committed a crime of lèse majesté in October 2000. Indeed, he dared to denominate his oil in euros rather than in US dollars. This news was good news for Europe, the first importer of Iraqi oil, which was offered by Sadam Hussein the same exorbitant privilege as the United States: to exchange paper for oil.
This favor from the Iraqi dictator was all the more welcome as the euro was floundering at the time, at an all-time low of around $0.82. This gift from Sadam Hussein allowed the euro to appreciate by 30% in just a few months. We all know what happened next …
Dick Cheney, George Bush's vice-president, pushed Colin Powell to lie in front of the United Nations by affirming from the purpose of a small vial supposed to contain a dreadful bacteriological liquid that Iraq possessed weapons of mass destruction. And this, even though the 300 UN inspectors sent to Iraq never found anything.
Paul Wolfowitz, U.S. Deputy Secretary of Defense at the time, would later state:
“For bureaucratic reasons, we picked one issue, weapons of mass destruction, that was the only reason that could be agreed upon.”
This war in Iraq was a show of force to defend the petrodollar and to show Europe and all the Gulf states what it costs to threaten the imperial currency. The vetoes of the Security Council (France, Russia) did nothing and oil sales were re-established in US dollars immediately after the fall of Baghdad. Even today, American troops remain in the country of the two rivers.
Hilary Clinton pushed for America to go to war against Libya always to protect the domination of the American dollar over the world
Hilary Clinton has endorsed all these lies to protect America's domination of the world. Her exit on Bitcoin is therefore beginning to make sense from the point of view of American monetary imperialism. Some will also remember that Hilary Clinton went even further by pushing America to go to war against Libya also in February 2011. Always the need in her eyes to defend the petrodollar at any cost.
Before his fall, Muammar Gaddafi had just been elected head of the African Union by his peers. With the confidence of Africa and as the head of the country with the largest oil reserves in Africa, Gaddafi set out to create a new pan-African and pan-Arab currency: the famous gold dinar project. This currency was to become the main means of payment for Africa's natural resources and free Africa from the CFA franc (Franc of the French Colonies in Africa). 700 billion dollars would then have disappeared from the Western monetary system. It always comes down to the color of the bills in which the raw materials are sold.
This was unacceptable to America, which then intrigued with help of France and the United Kingdom to bring down Gaddafi.
All US wars are therefore aimed at protecting the petrodollar. The Syrian war is no exception to the rule. It was an opportunity to bury the gas pipeline project passing through the Shiite arc and linking Iran to Europe via Iraq, Syria, and Turkey.
So Hilary Clinton has spent her life making sure that all the oil in the world is sold in American dollars at the expense of the lives of thousands of innocent civilians. It is not surprising today to see her criticize Bitcoin as a threat to the domination of the U.S. dollar over the world, and rightly so.
Bitcoin is the neutral and apolitical currency that can allow the world to avoid all these useless wars launched by America to protect its American dollar
Bitcoin is increasingly seen as an ideal solution by countries suffering from the US embargo. This alternative has the advantage of not being able to be crushed by the tanks of the mighty US Army. Bitcoin also has the advantage of being a neutral and non-political currency. Bitcoin belongs to everyone and to no one at the same time.
Ideal to be the world's reserve currency in a system that is fairer to the greatest number. Not to the liking of America, which would lose its famous exorbitant privilege, because Bitcoin cannot be printed in unlimited quantities. Indeed, the supply of Bitcoin is limited to 21 million units in any case and its programmatic monetary policy cannot be manipulated by any country, even one as powerful as the United States.
So Bitcoin is the best alternative that the world could end up embracing. And this is for the good of all since it would avoid unnecessary wars to preserve the domination of the American dollar. When you look at it that way, you can see why some governments are so afraid of Bitcoin.
Unfortunately for them, and fortunately for us, Bitcoin cannot be stopped. Its revolution will continue to advance block after block whether Hilary Clinton likes it or not.
In Bitcoin We Trust
Quora for all the questions you have on Bitcoin and Cryptocurrencies
Learn how to earn…
Become part of our community.
Telegram - Discord - Facebook Group
Follow our socials.
Twitter - Instagram - Facebook
Subscribe to our podcast.
YouTube - iTunes / Apple - Spotify
Subscribe to this publication.
It’s free (for now)