[ April 18, 2024 ]
The plot thickens. Last month, Facebook announced that they were going to be money, create money – cryptocurrency, a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. But first they had to destroy the competition.
They took our freedom, mined, stole and sold our private data and messaging. Given Facebook’s repeated and ongoing violations of ethical obligations and user trust why in the world would anyone use this? Who would entrust those abusive fascists with our wallets? What benefit could it possibly the end user versus the risk of them doing something dodgy with that data or worse, giving them more power?
Insatiable Power Quest: Facebook Launching Its Own Money, Unveils Cryptocurrency, Libra
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Did Facebook Try to Destroy an Entire Industry?
By Brian of London, Israelly Cool, July 1, 2019
If you hadn’t heard of Bitcoin up until last week, or you knew nothing about it, that may well have changed last week with Facebook’s announcement of their own rival cryptocurrency called “Libra”. It is to be administered by a Swiss not-for-profit company (because Swiss holding companies always lend projects an air of sophistication) and “governed as a public good”. I’m not joking, that is really in the “White Paper” Facebook put out announcing their project.
Now there’s a little David of a law firm in Israel that’s going to take Facebook and these other tech Goliaths to court to prove what they all did together was illegal!
Almost a year and a half ago, Facebook (then Google and Twitter) almost simultaneously banned the advertising of an entire industry on all their platforms. Here’s a short video.
Do you want to understand just how dishonest Facebook has been with the entire cryptocurrency industry? Watch 2mins. Then join the class action and help us fight back. https://t.co/jbKrtCRL14 #CryptoClassAction pic.twitter.com/xaAF5LzBRp
— Dr Brian of London 🇮🇱 (@brianoflondon) July 1, 2019
These were the terms and conditions Facebook put into effect in January 2018:
Facebook classed all cryptocurrencies as “associated with misleading or deceptive promotional practices”. It was right around when these terms were published that the cryptocurrency markets started dropping fast and many businesses built on this technology suddenly found it impossible to raise new money or trade profitably.
With each announcement from Facebook, then Google and Twitter, the cryptocurrency markets plunged: 53% for Facebook, 30% for Google and 23% for Twitter. The Crypto Winter had arrived, courtesy of a Big Tech cartel.
In May of this year they changed those terms:
acebook classed all cryptocurrencies as “associated with misleading or deceptive promotional practices”. It was right around when these terms were published that the cryptocurrency markets started dropping fast and many businesses built on this technology suddenly found it impossible to raise new money or trade profitably.
With each announcement from Facebook, then Google and Twitter, the cryptocurrency markets plunged: 53% for Facebook, 30% for Google and 23% for Twitter. The Crypto Winter had arrived, courtesy of a Big Tech cartel.
In May of this year they changed those terms:
Can you see what they removed? They took out the sentence which says “Click here to learn more about our no-risk cryptocurrency that enables instant payments to anyone in the world.”
Guess how you could describe Facebook’s Libra cryptocurrency. Yes, that’s right, it’s a no-risk cryptocurrency that enables instant payments to anyone in the world. And you can see that because almost those exact words appear in the Libra White Paper published last week!
ust over a year ago a friend of mine, Andrew Hamilton, told me of his plan to sue Facebook, Google and Twitter for billions of dollars in Australia. I laughed a little but then I listened. This was long before we knew Facebook was working on their own massive global cryptocurrency.
It turns out Andrew is a lawyer, originally from Australia, who was actively working in the cryptocurrency industry. He was personally affected by this advertising ban and he was in a position to know that Australia has laws against the exact actions these tech Goliaths took to destroy competition.
He founded JPB Liberty to take on a massive Class Action lawsuit and has been signging up people who have been affected. I joined him to help get the work out on the case. We’ve had many millions of dollars of claims signed up and are actively raising the money to bring the case to court. Warning letters have been sent to Facebook, Google and Twitter already.
There’s probably going to be more publicity on this as more people realize just how big this case could be, and you’ll be able to say you heard it here first on Israellycool!
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18 Comments
4 years ago
Let’s refer to the fecalbook currency with a more apt name. I propose “Filth eLucre” would fit well.
4 years ago
ya ya, ISIS is in on the first round IPO
4 years ago
When a corporation strives to make our lives worse
– then it becomes an enemy of the people
4 years ago
Facebook bans Laura Loomer and Gavin McInnes but… Facebook allows ‘Black Supremacist’ Louis Farrakhan Page..
4 years ago
Reply to
taxpayer22
jihadis are ok at facebook. patriots are not. why is no one suing them ?
4 years ago
Reply to
Suresh
While I was being employed by my past organization I was seeking for legitimate working at home opportunities in which I could gain decent earnings as well as simultaneously enjoy enough time to spend with my family members and offcourse I am not seeking scams that misguide you to make you very very rich in simply few days or so. Lastly I found out a terrific opportunity and I can’t tell you how glad I am now adays. The best parts about working from internet are: Your Office Can Be Anywhere- you’re not tied to your house. You can take proper care of your job on a trip, enjoying the good outdoors , and even enjoying your favorite band at a live concert. And you can additionally save on food stuff bills because you’ll very easily be able to whip up your own dinner and coffee when you work at home. Your Routine Can Be Your Own: Lots of the work that can be done remotely these days can also be completed on a flexible schedule. If you do need to work particular hours, you’re certain to still have some break time—time you can utilize however you’d like! Even if you have just 10 mins, you can do something that just wouldn’t be possible in a traditional office: bust those samba moves, play a few tunes on your guitar, or take a relaxing power nap. You’re guaranteed to get back feeling much more energized than you would after 10 minutes at your computer desk surfing Facebook. You Can Learn More and Become More Independent:Because you don’t have colleagues just a few feet away or a tech team 1 floor down, you’ll find yourself building the skill of searching for your own answers and becoming more proactive to find what exactly you need on your own. Of course you can still ask questions and also get help if you wish to. However, a lot of the time, you could do a Google search, download and read a free guide. Here’s the means with which to begun ==> s.id/4sm2W
4 years ago
Reply to
Lavonna
Go away – how dare you use Pamela Geller’s news site for your own self-promotion.
4 years ago
And when you are deemed a social pariah from Politically Incorrect posts your funds will be cut off.
4 years ago
I have no use for bitcoin and it’s kindred “currencies.” I own a gold mine and have the real thing. I dig holes and obtain real money. It is heavy, dense, and never suffers a computer crash or a glitch. People love it.
4 years ago
Reply to
lostlegends
And gold and silver are impossible to counterfeit, their chief virtue. Hence why the gold standard is so hated by the legal counterfeiters at the Fed and the Big Government looters, both Republican and Democrat.
4 years ago
Reply to
yiyoya
Fed is controlling the world. Read “How the Central Banks Rigged the World”, a book by a former banker. I don’t know the spelling of the author’s name, Nomi Purin I think, but a book well worth reading.
4 years ago
Very deceptive indeed FB have announced partnerships but I don’t believe it’s legitimate like Ripple. FB basically took all the deceptive practices banned them and are going to use them for themselves. For example Uber, Uber drivers don’t want to get paid in Libra they want cash.
They market Libra as a stable coin, how can they guarantee this, how do they even know it will be stable? Reserve banks already said they don’t want to touch it.
4 years ago
I am not a member of Fakebook so it does not affect me. Not after I saw how it repeatedly lied about its service and I didn’t quite like the lying liar lying lies about it.
Man, if you guys didn’t leave by then he knows he got you hooked. Money now, what’s next? Your soul???
4 years ago
Big Tech are using cryptocurrencies to invade the † West † with “migrants”. http://www.whatdoesitmean.com/index2912.htm
4 years ago
Another reason to mobilise some “removalists” as it seems that no law or government will control the likes of FB,Google, Twitter etc.
4 years ago
One day, perhaps Facebook will go the way of MySpace.
4 years ago
Facebook – dem’s dump (dd).
4 years ago
This is a hugely important story and needs to be circulated widely. This is direct information that Facebook was involved in a criminal pump and dump scheme that led to the loss of at least a 100 billion dollars, perhaps more. It demands a full Investigation and the organization of a task force to take these companies down and place those responsible, especially “Big Brother Zucky” in prison for life. Trump should order Barr to place Facebook and Google and Twitter and the rest of the conspirators into a federal receivership to protest the assets from being squandered or transferred. This is the best opportunity I have seen to take them down immediately.
