On the issue of crypto currency, watch the DC voices very closely.
They are about to take up legislation on the topic of crypto currency, regulation and overall ramifications therein. Keeping in mind that a dollar-based Central Bank Digital Currency (CBDC) cannot and will not coexist within a financial system that permits the transition (the exchange) of dollars into crypto and vice-versa.
Put simply, in the Western financial system, crypto currency cannot exist with a CBDC. Duality of currency is possible outside the West, but not feasible, viable or possible given the political motivations behind the creation of the dollar-based CBDC.
First things first….. Remember just before Super Tuesday 2020 when all the Democrat candidates for the Dem nomination dropped out and fell in line behind China Joe? Do you remember Warren staying in to support Joe by splitting the Bernie vote and everyone wondered what her payment was going to be? Here’s your answer.
The holy grail for the progressive movement was formerly known as a “carbon trading” process or platform, where you would have to pay a fee for your specific life choices and human existence. That objective or goal never went away; it just modified into a process that would create the mechanism for the payment system – that’s the dollar-based CBDC.
Just like Obamacare, there is going to be a myriad of “If you like your doctor, you can keep your doctor” promises with CBDC. And there will be some “You have to pass the bill to see what is in the bill” later espousals to convolute the former promises as they conflict with the CBDC legislative outcomes that start to gain attention.
From the perspective of DC, control over us is the upside; however, their CBDC aspiration comes with a downside – direct bribery and money laundering for political benefit becomes harder. So, what we know they will try to achieve is something like they just did with FISA 702 renewal. Whereby everyone outside DC will be banned from crypto ownership, but everyone inside DC is exempt from the rule. [Remember, under their very specific FISA- 702 extension, DHS is not permitted to use electronic surveillance on federal politicians (without knowledge), only the proles.]
With the crypto currency issue, the ideological communists in DC (both Republican and Democrats alike) will demand legislation to block, ban and regulate the crypto exchange. The UniParty will not want a competing process for the exchange of value that subverts the control mechanism of the federal government.
“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”
