Bitcoin Bubble

From the start, the Zetas advised that Bitcoin and other currencies were risky. Unlike the USD cryptocurrencies are not regulated, and if one has been injured and wants to sue, who to sue? Deposits in US banks are ensured by the US government for $100,000 but not so for cryptocurrencies most often living in servers in people’s basements. Poof. Gone.

ZetaTalk Confirmation 12/7/2013: Bitcoin is a recent phenomenon wherein funds are converted from one currency to another, and passed via the Internet. A virtual bank, its popularity has increased because there is no apparent physical location where the funds can become entangled and no way for the tax man to easily trace the funds. On the flip side, it’s virtual money, and thus can disappear along with the Internet. Bitcoin will not outlast the Internet, which will falter during the Pole Shift and essentially disappear. But Bitcoin is a step closer to the barter system than traditional banking.

The barter system, which we have predicted will replace the paper money system, will thrive. This will arise naturally and gradually, as mankind is familiar with the barter system from antiquity and the worth of the item is obvious. Banks become more particular about loaning funds, worried about repayment, so the populace starts to look outside of the banks. A farmer needs a new tractor and swaps for an old truck. In all of this, where does Bitcoin fall? This is a currency without a country to collapse into bankruptcy, a bank with scant banker salaries as an overhead to pay, and a currency capable of adapting to the exchange rate almost instantaneously. As long as the Internet functions, Bitcoin is likely to do so also.

What could go wrong? The success of Bitcoin has inspired copycats. Cryptocurrencies without the inherent checks and balances of Bitcoin have emerged, and fraud and theft and bankruptcies have emerged right behind them. Unlike national currencies, where the government of a country stands behind the bills they print, Bitcoin and other Cryptocurrencies have only a network of servers that can be hacked and corrupted. A country can go bankrupt and its currencies become almost worthless, but one knows where to go to demand repayment. Not so for Bitcoin which can go poof.

Cryptocurrencies have been compared to a Ponzi Scheme, as unless more and more people are attracted to their use, they can lose their value.

Ponzi Schemes Explained: Legal Definition and Key Insights
https://legal-resources.uslegalforms.com/p/ponzi

A Ponzi scheme is a type of investment fraud that promises high returns with little risk to investors. Named after Charles Ponzi, who became infamous for such schemes in the early 20th century, it operates by using the funds from new investors to pay returns to earlier investors. This creates the illusion of a profitable business, but in reality, no legitimate investment is taking place. Eventually, the scheme collapses when it becomes impossible to recruit enough new investors to pay returns to earlier ones.

Market Crash
May 29, 2022
https://poleshift.ning.com/profiles/blogs/zetatalk-newsletter-as-of-may-29-2022

How safe is your savings account at the bank? If under $100,000 the FDIC will guarantee these funds if your bank goes belly up. What about Bitcoin or other cryptocurrencies? They are ephemeral and could disappear overnight. The Zetas call the debt based system that banks operate a Paper Promise – ephemeral. The Zetas have predicted that bank failure will be endemic, with the globe turning to the Barter System instead.

ZetaTalk Confirmation 1/31/2018:  Following the success of Bitcoin to establish itself as a virtual currency, there has been a plethora of Cryptocurrencies emerging. Fraud and bankruptcies have followed. Are these new Cryptocurrencies safe and stable? No, nor is Bitcoin immune from fraud or a sudden collapse either. Paper money is backed by the country printing this money, with the currency exchange rate showing the relative worth and stability. If a country is faltering this can be seen long before a crash. And there is always an accounting eventually, where the essentially worthless paper money is exchanged for something of worth.

But Cryptocurrencies do not have backing from a country, and are not housed in a bank that might be backed by a country. In the US, this is known as the FDIC, where savings accounts are backed up to $100,000 in case of bank failure. Who does that for Bitcoin? The worth resides on a series of servers, owned by individuals, who invest to establish this repository and then collect a transaction fee. These individuals perform a series of checks and balances against each other, to prevent blatant theft.

Most of the new Cryptocurrencies are being established to eventually steal from the public. The schema is to allow the currency to go into use, encouraged by celebrities or chirpy reports on how easy the new currency is to use, then boom anyone holding the electronic currency suddenly finds it has zero worth and cannot be redeemed. Bitcoin touts its safety saying it has not yet been hacked. But all computers can be hacked, when the prize is large enough. To date Bitcoin servers have only held small change, so have not been worth the effort.

Now in 2025 we have had a Bitcoin and other cryptocurrency crash, of sorts. Just a hint of what may be coming. But the Zetas say during a time when the USD has slipped in comparative value, Bitcoin and its brethren have their place.

Bitcoin falls again after Weak November as Bearish Sentiment Goes On
December 1, 2025
https://www.reuters.com/business/finance/bitcoin-falls-5-below-90000

Bitcoin slumped on Monday, with the world's largest cryptocurrency down about 6% and on track for its biggest daily percentage fall since early November, as risk aversion drove investors out of digital and other assets.

Cryptocurrency Craze
February 4, 2018
https://www.zetatalk.com/newsletr/issue592.htm

The Bitcoin craze which started in 2009 has now spread to other, newer Cryptocurrencies, all likewise unregulated.

Crypto Downturn
https://poleshift.ning.com/profiles/blog/

The crypto market suffered a sharp downturn on December 1, 2025, with over $400 million in liquidations occurring in just one hour. Bitcoin and other major cryptocurrencies saw steep price drops, triggering widespread concern across the market.  Zetas, Right, Again! What Happened in the Crypto Market? Bitcoin (BTC) plunged below $87,000, erasing a week’s gains in a single candle. It dropped nearly $4,000 in under two hours. Ethereum (ETH) fell over 6%, landing around $2,828, while Solana (SOL) and others also saw similar declines. The total crypto market capitalization dropped to $2.92 trillion, down 5.26% in 24 hours. Liquidations exceeded $400 million, primarily from long leveraged positions, as traders were caught off guard by the sudden volatility.

President Donald J. Trump Establishes the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile
March 6, 2025
https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet

The Order creates a Strategic Bitcoin Reserve that will treat bitcoin as a reserve asset. The Strategic Bitcoin Reserve will be capitalized with bitcoin owned by the Department of Treasury that was forfeited as part of criminal or civil asset forfeiture proceedings.  The United States will not sell bitcoin deposited into this Strategic Bitcoin Reserve, which will be maintained as a store of reserve assets. The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies impose no incremental costs on American taxpayers.

ZetaTalk Confirmation 12/4/2025: We predicted when Bitcoin and other cryptocurrencies first emerged that they would prove to be vulnerable and thus ephemeral. Cryptocurrencies are not backed by any country, thus the system can go poof with no one held accountable. Unlike the USD, which the FDIC guarantees up to $100,000 if a bank fails, or where a Plunge Protection Team can calm a plunge, cryptocurrencies have no brakes. They promise quick profits but also hold great risk.

But President Trump has addressed the reality of Bitcoin and other cryptos with his Strategic Bitcoin Reserve to hold any Bitcoin arriving as a result of a civil suit. Where the USD or other currencies might plunge in value to the extent that they are no longer used as a medium of exchange, Bitcoin is likely to remain as a link between Central Bank supported currencies and a frank Barter System.