Bitcoin wallet COINBASE now seizing accounts of Americans… users rage against “total ripoff” as their Coinbase accounts VANISH

The popular online Bitcoin wallet Coinbase has been routinely seizing accounts of users in Hawaii and Wyoming, effectively “stealing” their Bitcoins by locking them out of their accounts. A Natural News investigation confirms that Coinbase is citing obscure state laws in its decision to seize accounts of users in both states, yet the online wallet refuses to allow users to log in and change their state of residence if they move to another state.

In effect, Coinbase is “stealing” Bitcoins from users by locking them out of their own accounts, preventing them from accessing their Bitcoin balances even if they move to another state. Users are raging against the “ripoff” and the “theft” in user comments (see some examples below).

How Coinbase “steals” Bitcoins from its own users and locks them out

When Wyoming-based users attempt to log in and see their Bitcoin balances, they are greeted with a Coinbase blocking message that says, “Unable to create account.”

Although we strive to provide continuous access to Coinbase services, Coinbase has indefinitely suspended its business in Wyoming and we regret that we cannot currently support services in Wyoming. You can find a further explanation of our account suspension policy here. We hope to restore service in Wyoming soon, so please check back again.

On its Wyoming account suspension page, Coinbase explains, “we apologize that we cannot currently project if or when our services may be restored.”

Attempts to get Coinbase to change the state of residency have been “completely useless,” Natural News was told by users. Coinbase refuses to respond to users in any meaningful way, regardless of how much money has been seized by Coinbase.

By locking Wyoming users out of their own accounts and restricting them from changing their state of residency, Coinbase is effectively “stealing” Bitcoins from users in America. This is starting to look a lot like Mt. Gox, the formerly most popular Bitcoin wallet which stole all its user’s Bitcoins in a surprise mass theft maneuver and closed up shop, never to be heard from again. Related: Read the top ten things you don’t know about Bitcoin that could cause you to lose everything.

Coinbase “theft” of Bitcoins demonstrates the extreme risk that comes from holding Bitcoins

What Coinbase demonstrates yet again is the extreme risk that comes from holding Bitcoins in an online wallet. At any moment — and without notice — Coinbase can seize all your Bitcoins, too, denying you access to your own account.

Because Bitcoin is entirely unregulated, it can essentially do anything it wants, including “stealing” user accounts and denying users access to their own wallets. If such activities were taking place in the banking industry, Coinbase executives would be arrested and charged with criminal fraud.

If you are using Coinbase, you are just begging to have your Bitcoins stolen or seized. The total dollar value of Bitcoins that have so far been “stolen” by Coinbase from users in Wyoming and Hawaii is unknown, but given current Bitcoin valuations, it’s almost certainly in the tens of millions of dollars.

Users complain of Coinbase stealing their money

From the Coinbase reviews page of Highya.com:

• WARNING: Stay away from Coinbase: Coinbase is a site of criminal thieves that will steal your money. Stay away! Coinbase is not to be trusted. As with many other complaints I have seen, they have lost/stolen from me as well, they have no phone number posted anywhere to contact them, they will not answer to any complaints you have from the website, or if they do eventually answer to a problem from the website after several weeks, they will just tell you there is nothing they can do. I am contacting any and every review site I can find to warn as many people as I possibly can. I am opening a case with the Better Business Bureau, and any other authority I can contact. Do not use Coinbase; stay away!
• Coinbase said they no longer can operate in Hawaii. Ok, I can deal with that. They said to liquidate and get your money. Well, I’ve been going in circles to do just that, and it is NOT HAPPENING. POOR, poor service. Beware, I wouldn’t trust them with any other funds, I can’t even get back my $140+ USD. Sad.
• I only got 5.54 BTC out when I had to “close out” to an external wallet on May 17th, 2017. The send back from BLOCKCHAIN on the 15th was stollen, netting the scamming Coinbase 1BTC or $1,700 off of me for some rule breaking they never named as I was ONLY sending Coinbase to MYSELF. You sure can believe they NEVER answered a single email to their BS “support” email as to what the “violation” was. DO NOT store BTC in Coinbase or you will be sorry!
• TOTAL RIP OFF: They stole money from me and then closed by account when I called them on it.

Bottom line? Beware of Coinbase in particular and any Bitcoin wallet in general. The Bitcoin industry is rife with con artists, fraudsters and thieves. We will be documenting all this in detail with the launch of a new site called BitRAPED.com

Al Gore wants $15 trillion dollars (yes, TRILLION) to fight imaginary climate change

Some things never go away, as much as you may want them too.

Bad pennies; the odor of dog stuff on your shoe after you step in a steaming pile; the Clintons; Al Gore.

As for the latter, the former vice president has figured out how much money he’ll need to finally rid the world of its “climate change” problem.

Fifteen trillion dollars. That’s $15,000,000,000,000. What’s even funnier – or sadder, depending on how you look at it – Gore says that amount of money does “not pose a major macroeconomic challenge.”

Riiight. (Related: Read Al Gore’s 2007 prediction that all arctic ice would be gone by 2014 now proven to be alarming fear mongering.)

As reported by The Daily Caller, Gore is part of a new organization – the Energy Transitions Commission – comprised of executives who are committed to fighting “global warming” and “climate change” that they insist, as do all hoaxers, is being caused by human activity.

The group has just published a new report claiming that if countries would only pony up $600 billion a year, collectively, for the next 20 years, then that would fund green energy development and improved energy efficient infrastructure.

In addition, the report says “additional investments of around $300-$600 billion per annum do not pose a major macroeconomic challenge” in attempting to meet the climate change objectives laid out in the Paris Accords that the Trump administration is considering abandoning because they penalize rich industrial nations.

Now, it appears, Gore wants to do the same thing using Karl Marx’s socialist playbook – rob from the rich and redistribute to the poor, which is precisely how this scheme would work.

The Daily Caller notes further:

ETC is made up of energy executives, activist leaders and investment bankers, including former Vice President Al Gore, who would no doubt get a piece of the trillions of dollars they are calling for.

ETC’s goal is to “accelerate change towards low-carbon energy systems that enable robust economic development” and limit global warming. ETC’s report comes out as the Trump administration considers whether or not to stay party to the Paris agreement, which went into effect in 2016.

Speaking of Gore and his bank account, the former VP has done quite well for himself since leaving the West Wing. When he filed public financial disclosure forms during his failed 2000 presidential bid, his net worth was somewhere in the neighborhood of $700,000 to $1.9 million. Today it’s around $300 million, thanks to selling his stake in Current TV, a failed Left-wing cable network, to Al Jazeera, and other investments. Gore’s most recent claim to fame was an ill-sourced, wholly inaccurate “documentary” film called “An Inconvenient Truth,” a baseless piece of global warming propaganda that had more holes in it than the current U.S.-Mexico border fence.

Nevertheless, it is upon this false premise that Gore and the ETC now want to fleece rich nations and enrich themselves financially and through heightened political relevance and status.

But in the Age of Trump, who appointed Scott Pruitt, a major skeptic of the cult-like belief that human activity is causing the planet to warm, to head up the EPA, and who is considering ditching the Paris Accords, Gore has become more irrelevant than ever. (Related: Read Al Gore, Big Government Eco-Charlatan Who Is Poised To Become World’s First ‘Carbon Billionaire’.)

That said, there are certainly some forces – many unexpected – that are pushing Trump to keep the U.S. abiding in the Paris Accords, even though it was agreed to by President Obama and not sent to the U.S. Senate for ratification as a treaty, like it was supposed to be.

One of those forces is Shell Oil Co. – yes, Shell Oil – which is a major producer of natural gas, believed to be the alternative fuel of choice in combating emissions. Shell is even helping to fund the ETC.

But there’s more here than meets the eye. The Daily Caller notes that Shell is hawking increased natural gas use as a way to curb atmospheric emissions; the ETC’s report targets coal emissions, calling for “a rapid decrease in unabated coal consumption, a peak of oil in the 2020s and a continued role for gas provided methane leakages are reduced significantly.”

Like Gore, it seems, other players involved in the ETC’s plan to filch trillions of dollars from the national treasuries of rich nations have alternative motives other than “the environment.”

Read more about the climate at ClimateScienceNews.com.

J.D. Heyes is a senior writer for NaturalNews.com and NewsTarget.com, as well as editor of The National Sentinel.

Sources include:

DailyCaller.com

ClimateScienceNews.com

Truthwiki.org