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An American Affidavit

Monday, July 7, 2025

ABOUT THOSE 14 “INACTIVE” BITCOIN WALLETS

 

ABOUT THOSE 14 “INACTIVE” BITCOIN WALLETS

We're starting off this week's blogs of high octane speculation with what I think is a whopper doozie, and I have one of my typical "Wile E. Coyote" nosedives off of the end of a very slender twig on the speculation tree into the canyon below.  For those of you new here, the speculation tree usually is trying to support a weight of speculation far beyond any evidence (if any at all), and hence the nosedive into the canyon below. However, like Wile E. Coyote, I remain undeterred, because someone has to speculate about this story.  The story over at The Gateway Pundit was authored by Jim Hoft, and was shared with us by V.T., one of our article spotters and sharers, with our gratitude, and, as I said, it's a whopper doozie:

I can think of no better way to dive into this canyon other than citing the relevant bits - pun intended - of the story:

You don’t see this everyday.
Over the past 24 hours eight dormant bitcoin wallets were awakened for the first time in 14 years. The owner withdrew 80.009 Bitcoins for $8.69 billion in the largest such transfer on record!

Here is a partial spreadsheet of the withdrawals.

And of course at this juncture a picture of the spreadsheet is attached to the article, but we're not concerned with that. What we're concerned with is this:

The owner of these old coins is unknown but the bitcoins are now in new wallets reportedly using modern address format.

Coin Desk reported that the BTC or bitcoin is now worth over $1.1 billion per wallet, an appreciation of 13.9 million percent.

The same entity apparently owns all of these wallets. No one has claimed ownership. (Bold and italicized emphasis added.)

And that, for all intents and purposes, is almost the entire article, sans a few screen captures.

So what do we have? We have (1) eight dormant Bitcoin wallets that (2) were dormant for 14 years, almost a decade and a half, and which (3) thus were started at the very beginning of the Bitcoin-crypto-currency craze (that is to say, back in the heyday when we were assured that this new technogizmo was going to end central banks, restore financial power to the people, and be utterly "unhackable"), that (4) were suddenly, and apparently on July 4th, drained of their accumulated "worth" to the tune of over a billion dollars per account, accounts which (5) apparently all belonged to the same individual or group, who has not stepped forward to explain how and why such accounts were drained, and at that precise moment, on that very symbolic day.

So herewith my high octane speculation, which I rather suspect is as big of a whopper doozie as the story itself.  Let's assume that this story represents the ultimate in "insider trading", the ne plus ultra in political insider trading scams, dwarfing even the phenomenal percentage returns of a Nancy Pelosi, who has miraculously and consistently outperformed hedge fund managers. 13.9 million percent? Nancy ain't even close.  But if so, then it also represents the insider trading of someone with money to spare, willing to park it and forget about it for a decade and a half, fully confident that the value of the blips  would skyrocket (assuming, of course, that the original "parker's" accounts weren't hacked, and we've seen story after story of   crypto-"currencies" being hacked).

Now, if that scenario be true thus far, then it represents two very disturbing possibilities: inside knowledge of a plan that was being followed to the letter, and with advance knowledge of that long-range timetable. Such knowledge could only come from one of two places: (1) intimacy with those involved in formulating or executing "the plan", or (2) observation of the future by some sort of technique or technological means (i.e., through some sort of technological or technique means such as remote viewing, or what have you).

If you think that we've already taken our nosedive into the canyon, you'd be wrong, because there's two more very weird, very wild, very woolly, and very disconcerting things to think about. The first imponderable thing to ponder is the weird timing of the dormant wallets' emptying: July 4th, 2025. As a symbolic gesture of message sending, it has my mind (and doubtless yours as well) running to all sorts of possibilities. But this was also the day that Mr. Trump's Big Beautiscamful Bill (as I like to call it) which was passed by Congress with narrow margins, was signed by him during  independence day celebrations at the White House. Some of that concerns his "sovereign wealth fund", which, "coincidentally", involved government investments in crypto-"currencies", with Bitcoin leading the way.

The second very bizarre and very disconcerting little part of this high octane speculation concerns those weirdly predictive childrens' novels by Ingersoll Lockwood about a character named "Barron Trump," which were written in 1889 and 1893. (See https://en.wikipedia.org/wiki/Baron_Trump_novels).  The novels supposedly are "predictive" according to the Wikipedia article on them:

In July 2017, the books were rediscovered by Internet forum users, and then by the media, who pointed out similarities between the protagonist and U.S. President Donald Trump.[1]

Jaime Fuller wrote in Politico that Baron Trump is "precocious, restless, and prone to get in trouble." He often mentions his massive brain and has a personalized insult for most people he meets. Fuller also notes that Baron Trump lives in a building named after himself, "Castle Trump"; while the real-life Donald Trump had lived in Trump Tower for decades. Furthermore, Donald Trump's youngest son's name is Barron Trump, and Donald Trump used the pseudonym "John Barron" in the 1980s.[1] Chris Riotta noted in Newsweek that Baron Trump's adventures begin in Russia. Riotta also mentioned another book of Lockwood's, 1900; or, The Last President, in which New York City is riven by protests following the shocking victory in the 1896 presidential election of a populist candidate who brings on the downfall of the American republic.[4][5] (Note, however, that said book does not anywhere mention "Trump", only alluding to a 'watcher' of these events.)

Now, whether this very wild and woolly high octane speculation of long term plans and/or predictive novels and/or knowledge of the future by technical means be true or not, there is a malodorous core to this story that just won't go away: someone parked money into Bitcoin wallets, and then "forgot" about them for 14 years, then suddenly, inexplicably, reactivated them and cashed out, on the very day that the Big Beautiscamful Bill was signed...

... color me very skeptical, and color the story as "one to watch".

See you on the flip side...

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Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".

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