Putin Postures Against Central Banking Elite, Moves To Create National Cryptocurrency

By Matt Agorist

In Russia, there are free speech zones, gays are persecuted, and speaking out against the State is often met with police brutality — just ask the activist band Pussy Riot. Vladimir Putin is not a hero. That being said, however, on a larger scale, Putin is not attempting to build an empire, he is not destabilizing the Middle East and installing dictators, he’s not funding ISIS, and he tends to resist moves by the globalists that are harmful to the well-being of the Russian people and their money.

As the Free Thought Project reported earlier this year, Putin has begun preparing to release Russia from the crushing grip of the international banking system completely, by moving to a nationalist model based and conducting transactions with allies in gold.

After the massive push toward gold, however, Putin is looking to the future — and the future is in cryptocurrency.

Last week, seeking to further protect Russia from the claws of the international money changing cartel, Putin met with Ethereum founder Vitalik Buterin.

As the US seeks to dominate the currency market by limiting the use of cryptocurrency, Russia is proving they are not as beholden to the bankers by facilitating competition with their native currency, the ruble.

As the US seeks to hack, dismantle, and fear monger over the incredible revolution that is the blockchain, Putin wants to implement it.

“The digital economy isn’t a separate industry, it’s essentially the foundation for creating brand new business models,” Putin said.

Putin appears to have chosen Ethereum because of its incredible performance so far this year. In February, Ehtereum was still trading in the low teens but it has seen a near 3000% growth since then. It is also showing the potential to pass the mother of all cryptocurrencies, Bitcoin.

In short, it looks like Russia has plans to deal a massive blow to the banking class and they are looking for the best ways to go about it — gold and cryptocurrency. And, they are wasting no time.

As Bloomberg reports, Russia’s central bank has already deployed an Ethereum-based blockchain as a pilot project to process online payments and verify customer data with lenders including Sberbank PJSC, Deputy Governor Olga Skorobogatova said at the St. Petersburg event. She didn’t rule out using Ethereum technologies for the development of a national virtual currency for Russia down the road.

While central banks across the globe attempt to circumvent the decentralization of cryptocurrencies, they have remained vigilant because of the peer-to-peer nature of the transactions and the security of the blockchain.

It is also important to note that Russia’s move to adopt an Ethereum-based currency is not a flawless measure. It will still be subject to the regulations of the Russian government. However, it is a start and its effect could have revolutionary implications.

“Blockchain may have the same effect on businesses that the emergence on the internet once had — it would change business models, and eliminate intermediaries such as escrow agents and clerks,” said Vlad Martynov, an adviser for The Ethereum Foundation, a non-profit organization that backs the cryptocurrency. “If Russia implements it first, it will gain similar advantages to those the Western countries did at the start of the internet age.”

Rest assured, however, that there are forces in the banking industry who are moving to control cryptocurrencies and stop this progress. Indeed, they are making their own ‘coins’ which will undoubtedly be accepted by governments, easily manipulated, and under total control.

The Bank of England is one such member of the cartel moving to usurp the power given back to the people through cryptocurrencies. Bank of England has an experimental cryptocurrency underway called RSCoin.

RSCoin, however, is the opposite of Ethereum and Bitcoin. Its purpose would be a tool of State control, so the central bank could keep a tight grip on the money supply — ostensibly to ‘protect’ citizens in the times of economic crisis — but, in reality, to enrich those at the top through its manipulation.

The US would do well to get with the times, taking a page out of Russia’s book, and move to adopt and accept the revolution that is cryptocurrency. Otherwise, when the US dollar does finally collapse, it will be the American people holding the bill — a scenario that no one wants to see.

Matt Agorist is an honorably discharged veteran of the USMC and former intelligence operator directly tasked by the NSA. This prior experience gives him unique insight into the world of government corruption and the American police state. Agorist has been an independent journalist for over a decade and has been featured on mainstream networks around the world. Agorist is also the Editor at Large at the Free Thought Project. Follow @MattAgorist on Twitter, Steemit, and now on Facebook. This article first appeared here at The Free Thought Project.

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14 Comments on "Putin Postures Against Central Banking Elite, Moves To Create National Cryptocurrency"

  1. Really? Pussy riot?? Those whores ran up in churches and were disruptive. Terrible example and they deserved it. Sit yalls asses on a sidewalk or something like they normally do.

    Putin knows what he’s doing and there isnt a demorat alive that can hang with him…

  2. Blockchain technology in Russia is tied to the global smart grid, cashless society, and the end of capitalism to be replaced by energy credits and the UN 2030 platform. Until this system is fully up and running on a global scale, Russia’s central bank will still be firmly attached to the Bank of International Settlements. The earlier SWIFT move had everything to do with block chain, and nothing to do with settlements and BIS.

    THIS is the reason intelligence agencies were developing block chain technology and cryptocurrency platforms long before the emergence of Bitcoin and why MSM lapdogs have generally given Bitcoin a lot of neutral to favorable coverage. Also the reason Goldman Sachs invested in a Bitcoin venture and powerful bankster and Trilateralist Larry Summers was named to the board of 21 Inc, a company developing software for Bitcoin payment applications on smart phones.

    That the entire globe is marching towards an Eye of Sauron 24/7 monitoring and tracking surveillance society facilitated by block chain technology is left out of this article.

    • Good to see someone else is aware of the sole purpose for blockchain is tracking

    • 95% actual truth with a subliminal 5% ‘cog/dis’ (cognitively dissonant) inducing specious twist…by not delineating the whole story of how it paves the way for ‘Energy Credits’ replacing $Cash$ through this emergent -All Seeing Eye of Sauron/ ‘Block Chain’ tech…as this specious psy-op technique replicates the function of how a trim tab acts upon a rudder of a ship (of state)…altho it’s so small relative to the size of the rudder….it can dramatically alter an expected course…or a logic train of thought.

  3. Blue579. lets give Matt a chance to prove himself. Perhaps he is unaware that the cryptocurrency/blockchain tech is tied into the elitist plan to enslave us. Matt, are you not aware of this or are you a paid shill? You have co-writers there at activistpost in Vin and Mr. Slavo who I have little faith in printing info beneficial to the human masses. Not good.

  4. NJguy - Proudly Deplorable | June 14, 2017 at 9:48 am |

    Kill the unconstitutional federal reserve and it’s owners.

  5. everything on the internet is track-able. Don’t give me this shit about “crypto”. It really is hard to believe nerds are so smart but yet so dumb in this area. BITCOIN-BLINDNESS

    • This east-west fight is as phony as the left-right fight. I believe their phony fight on currencies is to make you believe that crypto currencies are better and anti-establishment – but that can not be further from the truth. Crypto currencies are the mark of the beast and meant to get people off of cash – period.
      They say that crypto currencies can’t be manipulated. Ha. Look at the price of bitcoins when it came out and now. It is another vehicle to suck you dry. A hoax.

      • Exactly. If one doesn’t understand the teachings of St. John in Revelation, he can’t see the forest for the trees. This is why secular libertarianism can’t get out from under it’s own shadow. They can’t discern infiltrators, nor can they discern hoaxes. They don’t have the Power of our Holy Spirit guiding and protecting. Heck, they don’t even believe in satan’s existence. It is AMAZING when I hear libertarians attempt to tell me “crypto” currency is untraceable when EVERY transaction is made on the internet. Oh, my. That’s some scary-stupid proclamations coming from a group which claims to sport an average IQ of over 120 and is well-read.

    • They are enamored with this so called block chain technology which they think they know about it when they actually know nothing at all.

  6. Good article, but why concede or give any credence to Pussy Riot?

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