{"id":104096,"date":"2026-11-10T15:00:23","date_gmt":"2026-11-10T23:00:23","guid":{"rendered":"https:\/\/www.cogwriter.com\/news\/?p=104096"},"modified":"2026-11-10T12:30:20","modified_gmt":"2026-11-10T20:30:20","slug":"cyrpto-a-coming-black-swan","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/cyrpto-a-coming-black-swan\/","title":{"rendered":"Cyrpto: A coming ‘black swan’?"},"content":{"rendered":"

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\nBlack Swan (Calvin Teo)
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COGwriter <\/a><\/p>\n

Tucker Carlson interviewed former Congressman Ron Paul on X (aka Twitter). Here is some of what they discussed:<\/p>\n

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Watch Crypto For The Next Black Swan<\/h2>\n

We all just saw what happened with Nvidia and Jensen Huang. Completely unexpected. Almost nobody saw it coming. And the ultimate fallout is still very much an open question. …<\/p><\/blockquote>\n

I follow that same spider sense, the one that asks where something completely unexpected could suddenly go very wrong, it leads me to one place: crypto.<\/p>\n

Democrats increasingly see crypto as a Republican issue. It\u2019s closely associated with Trump, his family and the broader GOP ecosystem. In some respects, it\u2019s become something of a political piggy bank. And if Democrats regain power, it\u2019s not difficult to imagine them suddenly rediscovering their deep and abiding concern for investor protection and financial stability.<\/p>\n

Funny how that works, right? But then there\u2019s also something else that\u2019s caught my attention. The CFOs of both Strategy and Binance announced their departures just nine days apart from each other.<\/strong><\/p>\n

On October 29, Strategy disclosed that its CFO, Andrew Kang, was resigning effective November 5. Kang had informed the company of his decision just three days earlier,<\/strong> citing personal reasons. The company said there were no disagreements over its operations, policies or practices, and Kang will remain in an advisory role through the end of December. His former page on Strategy\u2019s website<\/a> is already down.<\/p>\n

Nothing necessarily sinister there. But an unexpected departure of the finance chief at the world\u2019s largest corporate holder of Bitcoin, a company whose entire strategy revolves around accumulating an extraordinary amount of a highly volatile asset through increasingly elaborate financial engineering, is at least worth noting.<\/p>\n

Then, on November 7, Binance announced that its CFO, Kaiser Ng, was stepping down after more than five years with the exchange. Just nine days earlier, Binance had reportedly suffered a staggering $6.3 billion hack, described as the largest crypto theft in history. The company pledged to make customers whole, while the attack was attributed to North Korean hackers. https:\/\/www.zerohedge.com\/news\/2026-11-09\/watch-crypto-next-black-swan<\/a><\/p><\/blockquote>\n

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The article’s title mentioned a \u2018Black Swan.\u2019 What would that have to do with anything? Notice also the following:<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

The black swan theory<\/strong> or theory of black swan events<\/strong> . . . was developed by Nassim Nicholas Taleb to explain:<\/p>\n

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  1. The disproportionate role of high-profile, hard-to-predict, and rare events that are beyond the realm of normal expectations in history, science, finance, and technology<\/li>\n
  2. The non-computability of the probability of the consequential rare events using scientific methods (owing to the very nature of small probabilities)<\/li>\n
  3. The psychological biases that make people individually and collectively blind to uncertainty and unaware of the massive role of the rare event in historical affairs (Wikipedia, viewed 12\/12\/13)<\/li>\n<\/ol>\n<\/blockquote>\n

    Some events that people feel are not predictable, of course, are predictable.<\/p>\n

    The fact is that many people trust crypto.<\/p>\n

    But most crypto is backed by nothing.<\/p>\n

    The origin of BitCoin is also unclear.<\/p>\n

    And governments around the world will one day exert more control over it.<\/p>\n

    And, should they wish to do so, they may eliminate it.<\/p>\n

    Or, at least, push their own digital payment systems.<\/p>\n

    That will happen.<\/p>\n

    So, I do not consider problems with crypto to be an unpredictable ‘black swan’ event–though other issues for crypto prior to the rise of the coming European Beast power could be considered black swan-ish. For example, AI could massively impact crypto and perhaps eliminate some of the crypto currencies through various hacks.<\/p>\n

    That said, the European Union has legislation that is pushing its digital wallet and the EU intends to have a digital euro.<\/p>\n

    While many see Bitcoin and other cryptocurrencies as a way to have financial privacy, the European Union wants that to stop:<\/p>\n

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    EU to ban anonymous crypto accounts and privacy coins by 2027<\/h2>\n

    The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027.<\/p>\n

    Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies, such as Monero.<\/p>\n

    \u201cArticle 79 of the AMLR establishes strict prohibitions on anonymous accounts [\u2026]. Credit institutions, financial institutions, and crypto-asset service providers are prohibited from maintaining anonymous accounts,\u201d according to the AML Handbook, published<\/a> by European Crypto Initiative (EUCI). \u2026<\/p>\n

    \u201cThe regulations (the AMLR, AMLD and AMLAR) are final, and what remains is the \u2018fine print\u2019 \u2014 aka the interpretation of some of the requirements through the so-called implementing and delegated acts,\u201d according to Vyara Savova, senior policy lead at the EUCI.<\/p>\n

    She added that much of the implementation will come through so-called implementing and delegated acts, which are mostly handled by the European Banking Authority:<\/p>\n

    \u201cThis means that the EUCI is still actively working on these level two acts by providing feedback to the public consultations, as some of the implementation details are yet to be finalized.\u201d<\/p><\/blockquote>\n

    \u201cHowever, the broader framework is final, so centralized crypto projects (CASPs under MiCA) need to keep it in mind when determining their internal processes and policies,\u201d Savova said. 05\/02\/25 https:\/\/cointelegraph.com\/news\/eu-crypto-ban-anonymous-privacy-tokens-2027<\/a><\/p><\/blockquote>\n

    I have been warning that cryptocurrencies were either going to be eliminated or controlled by the Europeans.<\/p>\n

    Bitcoin wants to survive, but governments seem to believe that they have the right to financial controls even for \u2018currencies\u2019 that they have had no part in producing.<\/p>\n

    Here is something I posted January 8, 2014:<\/p>\n

    On the other hand, there are some who believe that Bitcoin will become fully regulated\/taken over to the point that it will be associated with the \u2018mark of the beast.\u2019 Here is one such comment:<\/p>\n

    If I\u2019m allowed to get Biblical\u2026\u201dRich man or poor man, free or bond, will not be allowed to buy or sell unless he accepts the mark of the beast.\u201d<\/p>\n

    Bitcoin is a very smooth end run to achieve that objective.<\/p>\n

    Here is another related item:<\/p>\n

    MARK OF THE BEAST WATCH! Canada to get world\u2019s first Bitcoin ATM\u2026<\/h3>\n

    The ATMs will use palm scans to identify users and enforce the limit, which is also designed to prevent problems with anti-money-laundering laws. http:\/\/ppsimmons.blogspot.com\/2013\/10\/mark-of-beast-watch-canada-to-get.html<\/p>\n

    Yet, it is not likely that \u2018Bitcoin\u2019 will be the currency of the Beast.\u00a0 But the Chinese seem to have \u2018beast-related\u2019 reasons to go against Bitcoin.<\/p>\n

    As far as the the \u201cmark of the beast\u201d scripture goes, it is from the Book of Revelation.\u00a0 Notice that it makes the following statements concerning the financial controls of the coming Beast power:<\/p>\n

    16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.<\/p>\n

    18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. (Revelation 13:16-18)<\/p>\n

    The Bible is clear that the time is coming when the Beast power will have implemented some type of strong financial control.\u00a0\u00a0 The Chinese want Bitcoin restricted and\/or eliminated as they do not have the control over it that they want.<\/p>\n

    As far as what Bitcoin is, here are comments from what Bitcoin\u2019s website says about it:<\/p>\n

    Bitcoin is an innovative payment network and a new kind of money.<\/p>\n

    Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part<\/strong>. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.<\/p>\n

    FWIW, I have never had or traded in Bitcoins or other alternatives like that. The idea of a financial system free of government regulations and reporting appeals to many, but governments tend to frown on that\u2013generally speaking, governments want to be able to control\/regulate more and more, not allow people to have freedoms to be regulated\/controlled less.<\/p><\/blockquote>\n

    On September 7, 2017, I posted:<\/p>\n

    Is Bitcoin related to the \u2018Mark of the Beast<\/a>\u2018?<\/p>\n

    The following, from Jim Rickards, hints that it might be:<\/p>\n

    Interest in Bitcoin is red hot at the moment. It\u2019s impossible to open a website, listen to a podcast, or watch a video in the financial space without hearing about the meteoric rise in the price of Bitcoin. \u2026<\/p>\n

    Yet the crypto-hysteria is distracting you from a scary truth no one is talking about. There is every indication that governments, regulators, tax authorities, and the global elite are moving in for the crypto-kill. The future of Bitcoin<\/a> may be a dystopia in which Big Brother controls what\u2019s called \u201cthe blockchain\u201d and decides when and how you can buy or sell anything and everything.<\/p>\n

    Furthermore, cryptocurrency technology could be the very mechanism used by global elites to replace the dollar based financial system. \u2026<\/p>\n

    Governments have been patiently watching blockchain technology develop and grow outside their control for the past eight years.<\/p>\n

    Libertarian supporters of blockchain celebrate this lack of government control. Yet, their celebration is premature, and their belief in the sustainability of powerful systems outside government control is na\u00efve.<\/p>\n

    Governments don\u2019t like competition especially when it comes to money. Governments know they cannot stop blockchain, in fact they don\u2019t want to. What they want is to control it using powers of regulation, taxation, and investigation and ultimately more coercive powers including arrest and imprisonment of individuals who refuse to obey government mandates with regard to blockchain.<\/p>\n

    Blockchain does not exist in the ether (despite the name of one cryptocurrency) and it does not reside on Mars. Blockchain depends on critical infrastructure including servers, telecommunications networks, the banking system, and the power grid, all of which are subject to government control. https:\/\/dailyreckoning.com\/global-elites-secret-cryptocurrencies\/<\/a><\/p><\/blockquote>\n

    Jim Rickards\u2019 comment about \u201cBig Brother\u201d controlling buying and selling is consistent with biblical prophecies.<\/p><\/blockquote>\n

    On January 1, 2022, we uploaded the following video on our Bible News Prophecy<\/a> YouTube channel:<\/p>\n

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    9:03<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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    EU to be \u2018Sheriff\u2019 of BitCoin & Digital Currencies<\/a><\/h3>\n

    Will Bitcoin remain unregulated? The European Union does not think it should be and it released a paper titled \u201cProposal for EU Regulation on Markets in Crypto-Assets.\u201d Christine Lagarde, president of the European Central Bank, earlier endorsed EU regulation of crypto and digital currencies. A Belgian declared that the EU was the \u201cnew Sheriff in town\u201d to deal with the \u201cwild west\u201d of Bitcoin, blockchain, and other cryptocurrencies. The European Union now also has the European Public Prosecutor\u2019s Office in operation, mainly to deal with financial matters? Will the Europeans end up controlling buying and selling associated with 666 in Revelation <\/span>13:16<\/span>-18? Is Europe taking preliminary steps to do so now? Dr. Thiel address these issues.<\/span><\/p>\n<\/div>\n<\/div>\n<\/blockquote>\n

    Here is a link to our video: EU to be \u2018Sheriff\u2019 of BitCoin & Digital Currencies<\/a>.<\/p>\n

    On December 14, 2024, we uploaded the following video on our Bible News Prophecy<\/a> YouTube channel:<\/p>\n

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    15:07<\/div>\n<\/div>\n<\/div>\n
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    Bitcoin \u2026 as good as gold?<\/a><\/h3>\n

    \u201cBringing you news and analysis of world events in light of Bible prophecy.\u201d This is the mandate of the Continuing Church of God. The world events Dr. Thiel will focus on today will be the recent record rise in the value of Bitcoin to over $100,000.00 The are several questions that will be addressed. Among them are: Will Bitcoin replace gold? Is Bitcoin as valuable as gold? Will nations just accumulate Bitcoin, will they just accumulate gold, or will they accumulate both? Will governments embrace Bitcoin? What about the US dollar? Will it be replaced by Bitcoin? Is it possible that the US Dollar will still be the world\u2019s reserve currency well into the Great Tribulation? How about Bitcoin? Is something similar to Bitcoin prophesied in the Bible? Dr. Thiel addresses these world news items in light of Bible prophecy. He uses scriptures that address the status of the US Dollar\u2019s value during the Great Tribulation as well as the use of a Bitcoin, like crypto currency, by the Beast of Revelation 13. Is it possible that both gold and Bitcoin will be useless as a hope for salvation? Dr. Thiel gives the prophetic answer to that question at the end of this video.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/blockquote>\n

    Here is a link to our video: Bitcoin \u2026 as good as gold?<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/p>\n

    While many people have made a huge amount of money on Bitcoin and other cryptocurrencies, do not think that they will ultimately offer financial privacy–or perhaps even be around in a decade.<\/p>\n

    The time will come when the Beast power that will rise up in Europe will control buying and selling and will insist on identifying all involved.<\/p>\n

    While the Beast power will not be fully in place in 2027 more tools, that the European Beast will use, look like they will be in place by then.<\/p>\n

    Although it will not solve all financial problems, people can physically take steps before the current US dollar-based economic systems collapses.<\/p>\n

    Some items of possibly related interest may include:<\/em><\/p>\n

    The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? <\/a>What About Silver?<\/a>\u00a0What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation\/deflation? What do Christians need to know about gold and silver? Two videos of related interest may be:\u00a0Germany, Gold, and the US Dollar<\/a>\u00a0and\u00a0Silver, Science, and Scripture<\/a>.
    \n    The Mark of Antichrist<\/a> What is the mark of Antichrist? What have various ones claimed? Here is a link to a related sermon What is the \u2018Mark of Antichrist\u2019?<\/a>
    \n    Mark of the Beast<\/a> What is the mark of the Beast? Who is the Beast? What have various ones claimed the mark is? What is the \u2018Mark of the Beast\u2019?
    \n<\/a>    Europa, the Beast, and Revelation<\/a> Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about \u201cthe Beast\u201d? Is an emerging European power \u201cthe daughter of Babylon\u201d? What is ahead for Europe? Here is are links to related videos: European history and the Bible<\/a>, Europe In Prophecy<\/a>, The End of European Babylon<\/a>, and Can You Prove that the Beast to Come is European?<\/a> Here is a link to a related sermon in the Spanish language: El Fin de la Babilonia Europea<\/a>.
    \n    Lost Tribes and Prophecies:\u00a0What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America?<\/a>\u00a0Where did those people come from? Can you totally rely on DNA? Do you really know what will happen to Europe and the English-speaking peoples? What about the peoples of Africa, Asia, South America, and the islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons:\u00a0Lost tribes, the Bible, and DNA<\/a>;\u00a0Lost tribes, prophecies, and identifications<\/a>;\u00a011 Tribes, 144,000, and Multitudes<\/a>;\u00a0Israel, Jeremiah, Tea Tephi, and British Royalty<\/a>;\u00a0Gentile European Beast<\/a>;\u00a0Royal Succession, Samaria, and Prophecies<\/a>;\u00a0Asia, Islands, Latin America, Africa, and Armageddon;<\/a>\u00a0\u00a0When Will the End of the Age Come?<\/a>;\u00a0\u00a0Rise of the Prophesied King of the North<\/a>;\u00a0Christian Persecution from the Beast<\/a>;\u00a0WWIII and the Coming New World Order<\/a>; and\u00a0Woes, WWIV, and the Good News of the Kingdom of God<\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

    Black Swan (Calvin Teo) COGwriter Tucker Carlson interviewed former Congressman Ron Paul on X (aka Twitter). Here is some of what they discussed: Watch Crypto For The Next Black Swan We all just saw what happened with Nvidia and Jensen Huang. Completely unexpected. Almost nobody saw it coming. And the ultimate fallout is still very […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-104096","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t