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@ Micael
2025-04-08 01:17:39Satoshi Nakamoto, the pseudonymous creator of Bitcoin, registered his birthday as April 5, 1975, on his P2P Foundation profile. Many think that he chose this date because on that same day in 1933, the United States government confiscated the gold of the American people. Whether this was on purpose or not, what happened in this day is very important to understand how do we ended up here.
In 1933, as expressed in Roosevelt’s Executive Orders 6073, 6102, and 6260, the United States first declared bankruptcy. The bankrupt U.S. went into receivership in 1933. America was turned over via receivership and reorganization in favor of its creditors. These creditors, the International Bankers, from the beginning stated their intent, which was to plunder, bankrupt, conquer and enslave America and return it to its colonial status.1
As one of his first acts as President, Franklin Delano Roosevelt declared a “Banking Emergency” to bail out the Federal Reserve Bank, which had embezzled this country’s gold supply. The Congress gave the President dictatorial powers under the “War Powers Act of 1917” (amended 1933), written, by the way, by the Board of Governors of the Federal Reserve Bank of New York.2
This day marked the official abandonment of the American Constitution, law and real money. Today, 92 years after this event, most of the people living today have never had any real money or paid for anything using real money; unless they used Bitcoin...
There could be no bankruptcy if there was not a private central bank lending paper currency to the government at interest, so we must start from 1913, when the Federal Reserve was created: a non-federal private bank with no reserves and the monopoly of issuing debt based paper currency in unlimited amounts and lending it to the government at interest by buying treasury bills. The fact that this currency is lent into existence at interest makes the debt mathematically impossible to be repaid; it can only be refinanced or defaulted.
Between 1929 and 1933, the Federal Reserve Bank reduced the currency supply by 33%, thereby creating the Great Depression, bankrupting the US government, stealing the Americans’ gold supply, and officially ending the gold standard. Since then the US dollar (money) was replaced with Federal Reserve Notes (debt). This was also the end of the Republican form of government and the beginning of a socialist mob rule democracy (Fascism).
“Fascism should more properly be called corporatism because it is the merger of state and corporate power.” — Benito Mussolini
The United States government has been bankrupt since 1933, since it defaulted on its gold bonds. This type of bond existed until 1933, when the U.S. monetary system abandoned the gold standard. 3 From this year the government has been totally controlled by the International bankers and used as a tool to spread and maintain their power worldwide.
Many people think that the gold standard was abandoned in 1971, but this is not true; in fact, this happened in 1933 when the US dollar was replaced by Federal Reserve Notes that are 100% debt-based fiat paper currency.
The year 1933 in the United States marked:
- The end of the Republican form of government and the beginning of American Fascism
- The end of the United States dollar and its replacement by Federal Reserve Notes
- The abandonment of common law and replacement with military admiralty law
- The takeover of the United States government by International bankers
- A massive gold theft and the end of the US gold standard
- The exchange of rights with privileges and licenses
- The United States government bankruptcy
The next shameful event in our history which still plagues us to this day was the “War Powers Act of 1933.” This Act permitted President Roosevelt to make law in the form of Executive Order, bypass Congress and create his socialist state. We (citizens of this country) were ever after to be considered enemies of the United States who must be licensed to engage in any commercial activity. With the aid of the Federal Reserve (the same people who created the Depression), the President confiscated our gold and silver coin and replaced it with worthless pieces of paper and a debt system that will eventually destroy this great country. Our land and our labor were pledged to the Federal Reserve Bank, Inc., as collateral for a debt system that could never be paid.4
“Emergency Powers” means any form of military style government, martial law, or martial rule. Martial law and martial rule are not the same.
United States Congressional Record March 17, 1993 Vol. #33, page H- 1303, Congressman James Traficant, Jr. (Ohio) addressing the House:
“Mr. Speaker, we are here now in chapter 11. Members of Congress are official trustees presiding over the greatest reorganization of any Bankrupt entity in world history, the U.S. Government. We are setting forth, hopefully, a blueprint for our future”
“There are some who say it is a coroner’s report that will lead to our demise. It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; dered by President Roosevelt, being bankrupt and insolvent. H.J.R. 192, 73rd Congress in session June 5, 1933 – Joint Resolution To Suspend The Gold Standard and Abrogate the Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Governmental Offices, Officers, and Departments and is further evidence that the United States Federal Government exists today in name only” **“The receivers of the United States Bankruptcy are the International Bankers, via the United Nations, the World Bank and the International Monetary Fund”
“All United States Offices, Officials, and Departments are now operating within a de facto status in name only under Emergency War Powers. With the Constitutional Republican form of Government now dissolved, the receivers of the Bankruptcy have adopted a new form of government for the United States. This new form of government is known as a Democracy, being an established Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or placing the Office of the Secretary of Treasury to that of the Governor of the International Monetary Fund. Public Law 94-564, page 8, Section H.R. 13955 read in part:”
“The U.S. Secretary of Treasury receives no compensation for representing the United States.”
The American Spirit
The intention of the founding fathers of the United States was to create a constitutional republic to protect natural human rights and escape from the tyrannical English monarchy and its usurious Bank of England's monetary system. They created an honest monetary system based on gold and silver (United State Dollar) and got rid of nobility titles, creating equality under the law.
Section 10 of the American Constitution says:
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make anything but gold and silver Coin a tender in payment of debts; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts; or grant any title of nobility.
The United States Dollar (1792-1933)
A dollar is a measure of weight defined by the Coinage Act of 1792 and 1900, which specifies a certain quantity—24.8 grains of gold or 371.25 grains of silver (from 1792 to 1900) when the American dollar was based on a bimetallic standard.
The Gold Standard Act of 1900 formally placed the United States on the gold standard, setting the value of one dollar at 25.8 grams of 90% pure gold, which fixed the price of gold at $20.67 per troy ounce. This standard was totally abandoned in 1933.
Gold and silver were such powerful money during the founding of the United States of America that the founding fathers declared that only gold or silver coins could be “money” in America.
But since the greedy bankers cannot profit from honest money they cannot print, they replaced the money with paper debt instruments. And by doing this, they have effectively enslaved the American people until today. My definition of modern slavery is working for a currency that someone else can create at no cost or effort. What's worse is that they even demand to be paid back and with interest!
Federal Reserve Notes (1913-present)
Federal Reserve Notes are not real money. Money that has metallic or other intrinsic value, as distinguished from paper currency, checks, and drafts.
Federal Reserve Notes (FRNs) are a legal fiction. An assumption that something is true even though it may be untrue. 5 The assumption that they are money, when in fact they are the opposite of money: debt or paper currency.
Paper money. Paper documents that circulate as currency; bills drawn by a government against its own credit. 6 Like Goldsmiths' notes. Hist. Bankers' cash notes: promissory notes given by bankers to customers as acknowledgments of the receipt of money. • This term derives from the London banking business, which originally was transacted by goldsmiths.7
These notes were scientifically designed to bankrupt the government and slave the American people, as Alfred Owen Crozier warned one year before the bill for the creation of the FED was passed through Congress (1912):
If Congress yields and authorizes a private central bank as proposed by the pending bill, the end when the bubble bursts will be universal ruin and national bankruptcy.
Unfortunately, the bill was passed in 1913, and this private bank started printing a new currency different from the US dollar creating the great depression and effectible bankrupting the government like Alfred warned 20 years before.
Alfred also warned:
Thus the way is opened for an unlimited inflation of corporate paper currency issued by a mere private corporation with relatively small net assets and no government guarantee, every dollar supposed to be redeemable in gold, but with not a single dollar of gold necessarily held in the reserves of such corporation to accomplish such redemption.
Differently from what's commonly believed Federal Reserve Notes (FRNs) were never really “backed” by gold; they were never supposed to be hard currency. Currency backed by reserves, esp. gold and silver reserves.
The United States government defaulted on its gold clauses, calling for payment in gold. This marked the end of the gold standard. A monetary system in which currency is convertible into its legal equivalent in gold or gold coin.
Since then we have been under a paper standard, where we use fake money as tender for payments. Paper standard. A monetary system based entirely on paper; a system of currency that is not convertible into gold or other precious metal.
People traded their coupons as money or “currency.” Currency is not money but a money substitute. Redeemable currency must promise to pay a dollar equivalent in gold or silver money. Federal Reserve Notes (FRNs) make no such promises and are not “money.” A Federal Reserve Note is a debt obligation of the federal United States government, not “money.” The federal United States government and the U.S. Congress were not and have never been authorized by the Constitution of the United States of America to issue currency of any kind, but only lawful money—gold and silver coin.8
A bona fide note can be used in a financial transaction to discharge the debt only because it is an unconditional promise to pay by the issuer to the bearer. Is a Federal Reserve Note a contract note, an unconditional promise to pay? At one time the Federal Reserve issued bona fide contractual notes and certificates, redeemable in gold and silver coin. Most people never saw or comprehended the contract. It went largely unread because the Federal Reserve very cunningly hid the contract on the face of the note by breaking it up into five separate lines of text with a significantly different typeface for each line and placing the president’s picture right in the middle of it. They even used the old attorney’s ruse of obscuring the most important text in fine print! Over time, the terms and conditions of the contract were diluted until eventually they literally became an I.O.U. for nothing.
FEDERAL RESERVE NOTE
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THIS NOTE IS LEGAL TENDER FOR ALL DEBT, PUBLIC AND PRIVATE, AND IT IS REDEEMABLE IN LAWFUL MONEY AT THE UNITED STATES TREASURY OR ANY FEDERAL RESERVE BANK.
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DATE: SERIES OF 1934
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WILL PAY TO THE BEARER ON DEMAND: ONE HUNDRED DOLLARS
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TREASURER OF THE UNITED STATES SIGNATURE
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SECRETARY OF THE TREASURY SIGNATURE
Nowadays FRNs say "This note is legal tender for all debts public and private" it tender debt but it does not pay the bearer on demand. It value was stolen by a counterfeiting technique commonly know as inflation.
One hundred dollars (SERIES OF 1934) will be 2480 grains of gold, or 159.4 grams, or 5.1249 troy ounces. Today one troy ounce is priced around $3,000 federal reserve notes. 5.1249 X 3,000 = $15,375 actual FRNs.
A $100 FRN bill today will buy 0.65% of a real gold $100 dollar certificate. That’s a -99.35% loss of purchasing power in the last 91 years.
FRNs savers have been rugged pulled!
Gold bugs where the winners...
But Bitcoin is even better...
Happy birthday Satoshi! April 5 will be forever remembered.
Satoshi... The man, the myth, the Legend...