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The Rothschilds, one of the wealthiest family dynasties in the world, has been rumored to “rule the world” of banking, politics and essentially all major economic drivers of the modern world. With the advancement of cryptocurrencies, the name and associated power of the Rothschild family is lurking all over again.
Now, the founder of Ethereum, Vitalik Buterin, is wondering whether the conspiracy theories on the Rothschilds may be true and applying to cryptocurrencies. On Reddit, Vitalik asked:
“Are the Rothschilds even well-coordinated enough to be worth caring about as a group these days?”
The doubts as to whether the powerful banking family has anything to do with cryptocurrencies have come around just as the popularity of the so called IMMO blockchain project is growing.
The IMMO project is reportedly created by the Rotschilds themselves. There is not much clear information on what the whole project is about, but the speculations that Rothschilds are creating their own currency that will be used for multiple purposes is undoubtedly growing.
One explanation of what the IMMO project might be is that an IMMO Coin will be created and will be backed by some valuable asset such as gold. The IMMO Coin will essentially be a “stablecoin”, the practice of creating digital currencies that are backed by real currencies or assets.
Another interesting speculation as to what the IMMO project will be is that the Rothschilds are aiming to use IMMO as a legally recognized digital asset that will be used across sovereign countries under their control.
There are many speculations on the importance of the upcoming IMMO project. One thing, however, is sure. The head of the banking dynasty is currently Alexandre de Rothschild, whose appointment as head came in April 2018.
The root of such speculations goes back to 1988 and one publication made in The Economist, which is partially controlled by the Rothschilds. The article says, as quoted from RT:
“Thirty years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favored by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.”