Is Bitcoin Doomed to the Same Fate as the Tesla Tower?

Some inventions are far ahead of their time. Could Bitcoin be one of them?

Thursday on radio, Glenn remembered Nikola Tesla and his tower invention that drew energy out of the sky and delivered it wirelessly --- for free. Unfortunately, banking titan J.P. Morgan, who was funding the project, had other ideas that involved making a profit. He pulled the plug on Tesla's revolutionary invention.

"Westinghouse recalled all of the equipment and Tesla was done with that. He was just 100 years ahead of his time," Glenn said.

Could big banking end the phenomenon of Bitcoin in the same way if we go to a cashless society?

"Bitcoin could be that with the central banks. We've got it, but we're cutting you out of power, and it falls apart," Glenn said.

GLENN: So I had been invited to go to Wardenclyffe this summer, which is on Long Island. And they're trying to raise money to rebuild Tesla's dream of Wardenclyffe. I'd like to -- I want you to listen to what happened at Wardenclyffe and tie it directly to bitcoin.

Tesla was trying to -- he -- he wrote -- he raised a bunch of money, mainly from J.P. Morgan. And he raised a buttload of money to develop radio, to develop some form of communication through the air. And J.P. Morgan was really interested in that. Well, Tesla, he goes to Denver because he believes there is more to the air than just communication. And so he's working on communication. But at the same time, he's working on his Tesla tower, which draws energy out of the sky. And so it pulls the energy from the atmosphere, and then -- and then broadcasts it through the earth.

So there's pictures of him putting lightbulbs in the dirt at night, and they're all lighting up. Okay?

It short-circuited -- freaked the people out in the Denver area. I think it was in Boulder. Freaked the people out because all kinds of things were blowing. He was -- he was causing some havoc.

STU: Maybe not quite ready yet.

GLENN: He wasn't quite ready yet. But it was truly remarkable. So he goes back and he says, "I'm really close," and get the money. And he says, "I want to build Wardenclyffe." So he starts to build Wardenclyffe, and as he gets it and he buys all this equipment from Westinghouse and everything else, he puts all the it in there, and as he's finishing up, Marconi says, "I have radio, and you can communicate." Boop, boop, boop. "Through the air."

Well, J.P. Morgan Chase said, "I'm pulling all my funding, as they just invented radio." And he's like, "No, no, no. There's more that you can do with radio than just boop, boop, boop. We can improve that. And the spectrum of using the wireless, as they called, radio, everything can be wireless. Electricity can be wireless." And J.P. Morgan says, "Wait a minute. What? Really? You can do this without wiring houses?"

Yes.

"Well, wait a minute. How do I make money? How are you going to meter it?"

You don't meter it! It's free. It comes from the sky.

Oh. Oh, no, no, no. I think you misunderstand, I'm not investing in things that are free. How do I make my money back?

Pulled the investment. Warden -- Westinghouse recalled all of the equipment. And Tesla was done with that. He was just 100 years ahead of his time.

Bitcoin could be that with the central banks. We've got it, but we're cutting you out of power, and it falls apart.

COVID-19 changed everything. The way we live our lives, how we operate our businesses, how we see each other. And now, the federal government is sinking its tendrils even deeper, threatening the fabric not only of our bodily autonomy, but of the republic.

Our American way of life may never be the same. To save it, we must understand the key fundamentals of the pandemic that transfigured our society into the nightmare it is today. What is the COVID-19 origin story? Who are its top players in government and science, pulling the strings? What was their REAL response in the first days of the pandemic? The answers to these questions are frightening.

Emails, documents, and federal contracts tell a dark story that is still dominating our lives. It's time to cast a light on the shocking truth. Because only with the truth can we emerge from the darkness of this "pandemic" and take back the liberty stolen from us.

This is Glenn Beck's most important chalkboard of his life. And the most pivotal time in yours.

Watch the full special below:

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WATCH: Is THIS the worst Hillary Clinton scandal yet?

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On "The Glenn Beck Program," Bill O'Reilly told Glenn that it's now a proven fact that the Hillary Clinton campaign "concocted and financed the bogus Russian collusion story."

Glenn said this particular Clinton scandal is the "big one." So then, why is this getting so little coverage?

"We're living in a corrupt country," O'Reilly said. For the first time in American history, the corporate media has worked directly with a political party to win elections, he suggested. So, with that kind of power, what comes next?

Watch the video below to catch more of the conversation:

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Wokeness has taken over the American left — or at least the elite — and the corporate media is leading the charge. But the left's "Great Awokening" is actually fueling a great awakening of average liberals, including this week's guest on "The Glenn Beck Podcast."

Newsweek deputy opinion editor Batya Ungar-Sargon joined Glenn after taking CNN's Brian Stelter to school about wokeness on his own show "Reliable Sources".

Batya reviewed the biggest takeaways from her new book, "Bad News: How Woke Media Is Undermining Democracy," including how journalists have abandoned the working class, how she overcame Trump derangement syndrome, why the left hates conservative media, and why there's much more that unites us than divides us.

Watch the video clip below or find the full episode of "The Glenn Beck Podcast" here:

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