BitCoin & International Economic Terrorism

(BitCoins)

In 2008, the crypto-currency, BitCoin ("BTC" or "XBT"), created by pseudonym "Satoshi Nakamoto" was introduced to the world where many in the United States took it in trade practices, especially those working in the "underground economy." Online "black market" website, Silk Road, was seized by the FBI on or about 2 October 2013 where the FBI has confiscated 26,000 BTC's in transactions. Silk Road owner and operator, Ross William Ulbricht, of San Francisco is now in custody holding over $80 million in BTC hostage from the FBI.

So, why are the FBI seizing a "competing currency" being traded throughout the world? It is not because they are a "power-hungry," 3-letter, government-sponsored organization looking to wreak havoc on the "innocent." No! That might be the "obvious" answer, but again, "Nothing is what it seems" (The Recruit, 2003). It is easy to blame a source that has appears to have it out for everything in "competition" with it, but allow us to go beyond the norm.

Looking beyond the "exoteric" (public) version of events, the reason for this is because there must be a "member" of the BTC trading platform who forms a treaty with the government jurisdictions where BitCoins will be used. Since BTC is technically a "foreign" currency, a treaty with the United States is required in order for there to have been a semblance of "honor" in the way business was conducted.

The only three problems with this now, however; are 1) the violation of the Bretton-Woods Agreement (international economic terrorism) for lack of treaty in the United States, 2) the overall use of BitCoins on Silk Road were used in violation of International Public Order be it coordinated assassinations, narcotics-trafficking, etc., and thus the ultimate point that 3) BTC's would have been denied treaty with the United States because forming treaty with BTC violates the Bretton-Woods Agreement thus violating an internationally-held treaty...causation for war and international sanctions against the United States.