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.
(Washington DC) – Sen. Elizabeth Warren’s anti-cryptocurrency crusade is facing pressure from her own party.
Dozens of Democrats, including Senate Majority Leader Chuck Schumer, have broken with her in recent days and supported an effort to undo SEC guidelines that critics say discourage banks from holding digital assets. The Democrats defied not only Warren, but also President Joe Biden, who is threatening to veto the rollback. The rift may grow further next week when the House takes up sweeping, industry-backed legislation to incorporate crypto trading into federal financial regulations.
[…] The party’s Capitol Hill clash over crypto policy comes as the issue is becoming more prominent in the 2024 campaign. Former President Donald Trump is courting crypto fans, though they may represent a small minority of the electorate, and signaling that he’d rein in the SEC’s crackdown on the industry. Crypto super PACs are poised to spend more than $80 million to influence control of Congress and secure friendlier policy. It’s leaving Democrats at odds over whether to follow Warren’s push to clamp down on crypto firms or to take a friendlier approach. (read more)
The communists who are organizing the financial control system want to use the justification of war, North Korea, and a variety of foreign adversary arguments as well as drugs, criminal and human trafficking, as the manufactured crisis (scary shiny thing) not to be wasted. I mean if you like BitCoin, DC will claim you are a deviant predator of children who abuses drugs and loves some Kim Jong-Un dontchaknow.
The five major banks, all of whom gain maximum benefit from the CBDC as transfer brokers, will join Jamie Dimon (JPMorgan) and decry crypto as the planet harming, energy intense, earth polluting system that is currently melting the ice caps. Meanwhile Greta Thunberg and Taylor Swift will assemble their perpetually depressed Gen-Z forces against BitCoin et al.
Just watch, the seeds of the nonsense are already planted.
The Yellow Zone is specifically constructed to begin using a dollar-based CBDC likely sometime after the 2024 election, with open tests in 2025 depending on the election outcome. Even if Trump wins the ’24 U.S election, the bankers who control the rest of the yellow zone will continue implementation of the Dollar-Based Central Bank Digital Currency (DBCBDC) without direct USA participation (they will wait out Trump’s term).
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[ps. Sorry for the absence. I’m in the most remote region of Karelia. Four days without internet, be like…]
Looks like heaven, enjoy!😊
“sweeping, industry -backed regulation …” is our first clue to be wary.
Sundance I think four days without Internet was frustrating, but good for you.
A very smart man says, Live your best life!
Wait til the sports fans get a whiff of no internet. Alas, it will be what the govt KEEPS on so that people are quieted down.
Didn’t you just call for and provoke violence and insurrection earlier in a comment on the first page of this topical post before it disappeared about 2 hours ago today??
Just askin?
My, my, my. We have a Karen! “Violence and insurrection”, huh? So you’re a liberal who believes J6 and Trump was an insurrectionist? Tell me Karen, who were the REAL insurrectionists on J6 and every day after that; the voters who demanded the rigged election be investigated, or the mfers who rigged the election then surrounded themselves with armed guards?
You’re a vet? Bullshit. You’re a fkg karen and have been since the day we fought here years ago.
Did I call for violence and insurrection? Or did I state the founders intent when they incorporated 2A? Now we know whose side you’ll be on when they come for the guns. Now we know you’ll fold up and toe the line when they tell you what car to drive, where you can live, how much red meat you can buy, how much gas you can buy.
Go along Karen and kiss the feet of your marching masters. On your knees is where you belong.
Hey Karen! Sundance has this permanently pinned to the Presidential thread. Is this insurrection? A call to violence? Why don’t you call out Sundance over it, Mrs. Karen?
“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”
Ah, so you’re the snitch who ran to admin to have the post pulled. Figures. Leopard and spots and all.
When the highest elected official of a nation is an imposter who was installed via coup d’etat….
When the entire government of a nation no longer follows their founding documents….
When a nation’s Department of Justice prosecutes and imprisons political opponents….
When a nation’s highest body of legislators uses third party countries to launder money….
THEN….
That country no longer has a legitimate government, and there is no such thing as insurrection against an illegitimate government. The citizens of that country are bound by duty and the inborn right of self preservation to remove the illegitimacy and restore their previous form of government, or any government that suits their common goals.
AND THAT IS EXACTLY WHAT THE DECLARATION OF INDEPENDENCE DECLARED SO LONG AGO!
St. Petersburg lawyer has a Utube channel showcasing him building a log cabin and assorted items for living off grid in Karelia. His back country work is brilliant. Well worth watching his vids.
Josey: Wow! That guy is a genius.
Looks really good! Kind of living in Northern Canada without the hall monitors!
He sometimes shows his workshop at his real home. He’s got a manual mill and lathe. Metal band saw. Welding gear. All manner of hand and power tools. He’s got excellent ideas for stuff and his workmanship is excellent, also.
Must make a very good living as an attorney to have all that in Russia.
Just wondering… I noticed he extracted a dish from his oven using NO type of oven mitts/heat protectors.
Confession….I did that once.
sad to say, if that was a US guy he would be selling freaking pillows or vitamin supplements
its videos like that, where Russians prove they have a world civilization, and its rival and in many ways superior to the sh%tshow in the USA or Europe
Sorry. I’m against anything digital involving money.
Digital currency is to control us. Bit coins, block chains.. whatever is for the rich, gamblers, dark transactions, etc.
Anything digital can be hacked and needs power/internet to work. It’s ridiculous and can’t be trusted.
I disagree on trumps position.
I love Trump but I cannot support any candidate that supports anything digital regarding money.
It’s the road to ruin. It just opens the door for disaster.
Then you won’t vote in this election, as both sides are for some form of “digital money”, with the difference is what and how.
PDJT supports free choice – use crypto as you wish, just NOT as a replacement for the dollar. It’s basically not much different than credit cards in many ways.
Biden and the Dims support CBDC – no crypto and no choice. Totalitarian control.
BTW – I agree with the issues of hacking, requiring power, the internet, etc. in regards to crypto. Further, bitcoin itself IS the blockchain and thus EVERY transaction is recorded – effectively The Ledger that the BIS and the WEF wants so badly. However, I’m against telling others what they can and can’t invest in or use for transactions as a matter of principles and freedom.
Yes , you are right. So what should we do?
this is an ignorant position. bitcoin is a decentralized blockchain which cannot be hacked and your coins cannot be taken from your non-custodial wallet without you signing a transaction, unlike USD funds which are seized via banks every day.
the inflation of bitcoin cannot be changed at some politician’s whim. and once it reaches max supply in approx 2040 no further bitcoin will ever be minted.
decentralization is the key to freedom of money in an inevitable digital age.
study bitcoin.
….until the power goes out….
What happens to the US dollar should the power ever go out for any length of time that would affect Bitcoin?
Well, cash would work, and barter,..but baryer for what?
No gasoline, unles its hand pumped, no groceries other than canned goods ir locally produced,..produce.
Without the grid, its back to the 1800’s, sort of.
World Made by Hand? (Kunstler)
For those of us whose imagination needs a bit of prodding to envision what this type of scenario might entail, that is a good read. Surprisingly hopeful despite awful events.
Maybe.
What if that’s not my dreamworld? What if one doesn’t want to surrender on any terms?
What? No photovoltaic backups?
Maybe not nationally, but certainly locally. There are always options. Just depends on what sort of future is being imagined.
Another way of putting it: it’s never a hopeless situation. What changes is the risk calculus once one decides “I’m mad as hell and I’m not gonna take it anymore”.
I don’t think this stuff is the real problem in any terminal sense (though it’s obviously another brick in the wall). I had a conversation with a retired doctor yesterday – Bostonian. He opened with “I don’t believe anything on MSNBC but CNN is trustworthy.” He thinks Liz Warren “has done some good things.”
There are successful people in the world, lots of them, who don’t fully understand (or want to invest the energy/time in discovery) the mechanics of what is unfolding. That is where one significant barrier looms.
If only people fully appreciated the depths to which “modern” (I will say “current”) lifestyles have corrupted, weakened and rendered vulnerable to the populations have been rendered.
Even our food causes cancer. Unless you’re one of the radical few who have gone out of their way to avoid processed foods, you will find you will not survive long “in the wild.” And I’m not bragging in any sense because I know I’m not nearly prepared enough to “survive” in any long term sense. I’m not geared for it and too old for it. But at least I can SEE it.
Look at the things the average person could do in the 80s which are incomprehensible to people today. We once used MAPS to get to places we’ve never been before. Do you think people today can easily do any such thing? I have evidence they cannot.
Technology has two sides. That’s true. It can make life easier. It can create dependancies.
Me? I’m just tired of the constant drumbeat of impending chaos. Seems like everything these days is a lift from the book of fear porn.
It’s a constant drag on living one’s best life.
Above thought is a comment on the temper of the times – not directed at you or anyone else.
Sigh.
Worse. Bank in the 1800s people knew how to do things. Today no one knows how to do ANYTHING. Without power, people will simply die after any reserves are consumed.
It would become inaccessible… as would just about everything else we have going on today.
That is generally my position as well, but let’s be honest. What, today, CAN you do when the power goes out? Even wish cash, very view retail outlets will sell anything to you if there is no power to run their electronic POS systems.
The Power does not need to go out. Once the gov takes down the exchanges to value of BTC will crash to a few dollars or whatever the people directly around you will pay for them given that crash in value it won’t be much
That is exactly what they will do.
You miss the point of the article. Bitcoin still needs to be convertible into gov’t accepted currencies.
You have some valid technical points – though, IMO, having worked in the IT sector/bidniz, there are no absolutes (there is always a system-of-systems weakest link). Your “ignorant” rhetoric is over the top and didactic.
A better speculative adventure would be shaping a vision for black markets in a CBDC world.
“Black markets” always emerge when the schiff hits the fan and when government becomes tyrannical?
After Hurricane Hugo, in 1989, nothing worked. Until people did what they could, to get what they needed. People with chain saws got food for cutting up fallen trees. People with construction skills led crews of people without that knowledge. Freezer sharing and group meals to eat the perishables.
I had a grill and a Coleman stove to cook on. My stored water, canned goods, and dry food got me through.
If nothing works then neither will CBDC. And it was an operative CBDC world I was framing my response inside.
I’m not denigrating your survival skills btw.
Trump previously stated he was against it. I don’t like the idea myself. What gappen if (when?) the lights go out?
Even if it’s a week or so many who pay their bills online may find that suddenly they can’t. Do you really think American companies will go along with a system that reduces the money flow? The free market will prevail.
Interesting comment.
However, if it is mandated that all salaries, wages, etc., are paid in CBDC, no shutdown is necessary.
CBDC’s require electricity?
Don’t know.
Do you believe that the gov’t, especially post-9/11, has incorporated backup energy considerations into its disaster recovery and contingency plans? That it might have actually funded and built such infrastructure?
Digital currency by itself isn’t the core problem – BITCOIN for example. It’s the associated identity management capabilities coupled to “scorecard” tracking in the hands of authoritarian elites that is the emerging problem.
I agree
Central Bank Digital Currency
Corrupt Bank Digital Control
FTA: “The Yellow Zone is specifically constructed to begin using a dollar-based CBDC likely sometime after the 2024 election, with open tests in 2025 depending on the election outcome. Even if Trump wins the ’24 U.S election, the bankers who control the rest of the yellow zone will continue implementation of the Dollar-Based Central Bank Digital Currency (DBCBDC) without direct USA participation (they will wait out Trump’s term).”
Not to make light of this grave issue, however, I suspect President Trump understands what is written here and would be inclined to believe that he is making arrangements to deal with this, present day and into the future. That is why it is key that he bring along a MAGA leader, (and a MAGA team), to take up the yoke when his 3rd term is over.
I suspect that many eyes will be opened when they understand the tyrannical moves that are being made to control every.single.person. in this country and around the world.
J have to 0wonder what lessons the people of Nigeria can teach us about CBDC?
There central bank tried to force all Nigerians to use a CBDC a few years ago.
How did they resist?
They rioted. when cash was taken out of the economy. They want cash. The Nigerian government tried a fancy campaign to get people on board but it didn’t work with the people.
Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries
https://www.coindesk.com/consensus-magazine/2023/03/06/nigerians-rejection-of-their-cbdc-is-a-cautionary-tale-for-other-countries/
If only we had the will to riot. Riots in this country are controlled by the left and used only for their purposes.
The same lessons of the Wiemar Republic.
Let’s separate certain facets from the horrifying outcomes and results. The great depression was a “global” event which happened at a time simultaneously all over the first world well before what we would call “the information age.” It didn’t happen naturally or accidentally. Who managed the currency for the Wiemar Republic? What destroyed that country and what happened just before the second global war?
In the end, debt based currency destroyed that nation and the rest of the world’s history. Parallels and patterns will repeat because to some, it was was “successful” enough to warrant.
A nice poison pill would be the passing of a CBDC would require the abolishment of the Federal Reserve and a return of any and all monetary systems to the Treasury. Over ruled only by a nationwide amendment in the Federal elections. Not fool proof, but it will put the whole process on a long road.
If you want to own crypto then go for it, however forcing me to own it is not happening. A Government “backed” crypto/CBDC is a total control device dreamed up by morons for total control of the population, i.e. tyranny. CBDC represents a total and complete loss of ALL FREEDOM for EVERYONE. You will only be allowed to buy, spend, own whatever is “approved”. Want ammo, forget it, need more fuel, no way – Oreos, you’ve already met your allotment!. Recall how New York tried to limit the size of a Soda ? This is that on Steroids and Heroin. Force you to EAT ZE BUGS, this is how you do it. There is literally nothing short of a nuclear holocaust that should scare you as much as the initiation of CBDC’s should.
Well said – and contrary to people chastising anyone who says “it’s time” – if not now when? On our way to the gulag with no hope? Remember what Aleksandr Solzhenitsyn said. The water is beginning to boil – better to stop it now than take a chance after the water is at a full boil.
Reading Gulag Archipelago right now. It’s slow reading, much to process.
It showed me that Stalinist Russia was a kleptocracy. Thieves from the top of government to bottom of society. Anyone who could, stole anything from those who had assets from large assets to the tiniest scrap of paper that was of meaning to only one person.
This has been going on in our country as well: those at the top, the billionaires and central bankers working with the shadow government (national security agencies and CIA) are stealing our life savings through money printing and inflation. They steal our sons through forever wars. They stole our government to use as their ATM. They stole our Congress out from under us. They turned our Constitution into a piece of paper they could shred whenever it suited them. They have been working on this New World Order plan for a very long time. Now they are hoping for the final push to achieve world control and dominance over the planet.
There may be a fly in the ointment: I believe they suffer from grandiose delusions about creating a “perfect society” of transhumanists or “perfect people,” ordered by those at the top who get all the world’s resources and assets. If they are delusional, they are going to have to be hit by reality at some point. If they are not delusional and just ordinary psychopaths, they too will end up like other psychopaths before them: just like Hitler with his THOUSAND YEAR REICH, their dreams will turn to ash and rubble. We will rebuild a better world on the ashes of their delusions.
As Saint Padre Pio said, “Pray, hope, and don’t worry.”
God’s in charge. Our BEST action/s is to do His Will, no matter how apparently difficult it may seem. Be faithful to Him!
I’m still on the mainland.
Crypto and CBDC are two separate “currencies” although both are electronic.
Houston grid still down
My son, who works via the internet, has no power currently.
Pretty much how I feel as well. Kind of hoping for another CME – solar flare. We’d be screwed but so would they.
The control has been there since 1913
Probably centuries longer than that, really!
be like…
Sweet!!!
Trust God. Fear not.
anybody else a little unnerved by the bourne reference?🥴🙏🏻
Sundance, is there some time you can take to enlighten many of us regarding Bitcoin, cryptocurrency, and CBDC?
I understand it is not your job to give “finances 101” classes , but I am 72 and so in the dark about all this “money” and i’m sure i’m not the only one.
Is bitcoin the same as cryptocurrency? How do you buy it? I assume you use your dollars out of you checking account?
How much is one bitcoin worth? Who regulates its worth?
What exactly is CBDC? Is it like a credit card? Do you need or use a credit card to buy into CBDC? Can you write a check to buy some? How do you purchase something with CBCD?
I know $1.00 equals 100 cents (pennies), or 4 (25 cent pieces) quarters. Do bitcoins have denominations? Who determines what a bitcoin is worth? Same with CBDC – how does any of this affect the Federal Reserve?
I’m not a stupid person. I am a RN, retired (due to refusal to take the fake covid vax).
Are there not a lot of other people out there who do not understand these new financial concepts and the potential ramifications?
rita: Don’t despair! Even the “experts” who claim to understand crytocurrency don’t understand cryptocurrency. Just take it slow and start reading online. You have not “missed out” on anything.
Hi rita pappas, I can relate to your question. I bought a grand of bitcoin 4 years ago, (on the advice of a family member[), and now have several grand of bitcoin in my digital wallet. The irs, (on the 1040) has asked and, I reported earnings on the past 2 filings, (maybe 3, I cant remember). Anyway, I cant find a definitive answer on the web, (search results really suck!!!), to whether I should sell and buy gold and/or silver or, convert to $ or keep bitcoin. I do know gold/silver isn’t going down but the $ is crashing.
You shouldn’t have to report any earnings until you sell it???
Earnings (Gain) are generated on sale of an asset. Long term/ Short term, Positive/Negative. Report accordingly.
Look up Whitney Webb. Wall Street is getting into the game. She thinks it’s possible that certain transactions will be prohibited with CBDC, cryptocurrency exchange being one.
Agree with California Joe, BTW.
As to what to buy:
https://www.zerohedge.com/markets/27000-gold
Rickards is pretty smart. See if there is anything there to help you.
Best wishes!
The CBDC which is the Central Bank Digital Currency, or digital dollar for us, will be available just like your current dollars on a debit card. The difference being is there will be nothing to withdraw. No paper cash, and no coins. What you earn you cannot hold. Your finances will become just a number on a screen, all connected to your digital ID which will encompass SSN, Medical records, Online records (behaviour), and your voting record. It will all be combined. The government will know absolutely everything you do, everything.
They can deny you anything, and everything at the flick of a switch. You will no longer be able to save, because digital dollars will expire, and that means no one can inherit, which eventually means no one owns anything. Once dead the government owns your home, and will rent it out. In the future no one will own anything, and this is how they will do it.
When you go to the store and use your card to buy things, the link to medical records will deny you certain types of food. If for example it has been a bad year for wheat, bread will be rationed, and you won’t be allowed to purchase more than the ration, or buy the ingredients to make it for yourself.
If you travel your card will be denied for fuel purchases once you reach your limit. Eventually people will give up their vehicles completely and move to the 15 minute cities which are already being built, and once there you will not be allowed to leave without special permission.
It is a nightmare unfolding
YES, IT CERTAINLY, ACTUALLY, REALLY TRULY IS A NIGHTMARE UNFOLDING!!!!!
And most Americans are as ignorant of it as they are of God’s plan for salvation!!!
What will the Amish do?
The Amish are already being attacked for selling natural meat and dairy, and let us be honest here. The Fascist Democrats will outlaw all religion. We are after all speaking of monsters who murder babies in the womb at full term.
Giggle at our stupidity.
Like the ‘exceptions’ that will be made for the ruling class, not much will change for them, they are already used to ‘control’, a carveout will be made as long as they stay segregated.
“15 Minute City” = “Cell Block D”.
Yes, they are building prisons, and we know how prisons work. 50,000 inmates, 100 staff, and no one dares escape. It was the same at Auschwitz. We may be the majority, but fear controls everything.
Any positives to all this control, like closing late night bars/saloons, ending alcoholism, because you’ll run out of ‘credits’ for that type of item, (one cocktail per menu meal, public transportation home) even moonshine as you won’t be able buy the large amounts of ingredients to make it for yourself.
There is never a positive to human control.
All this ‘control’ will take30 to 50 years to fully implement, the Boomers will all be dead.
And that said. we’ll still have China’s Fentanyl being smuggled in from Mexico.
Recommend people look into Technocracy. Patrick Wood talks about it. Think it uses energy as the “currency”; not a CBDC. It’s a little easier to see how they could use it to control people. All apply to a CBDC too. Carbon footprint is also likely to be a factor too.
You’re one of the few who mentions that they will expire, which they will. UBI (Universal Basic Income) and a Social Credit Score will also be part of the CBDC system. If you can’t save, you can’t bankroll yourself around Social Credit Score deductions.
Video surveillance and facial recognition also play a part. Saw an interview of a guy who was in China with friends. As he crossed the street in the middle of the block, his phone vibrated. When he got to the other side, he took it out of his pocket and looked. It was his bank telling him a fee had been withdrawn to pay for his jaywalking fine.
Frightening
Get on the internet and look up J. Orlin Grabbe, PhD.
Look at the Wikipedia page on him and see his linked textbook and articles on digital cash (in the late 1980s and 1990s). Compare these to the Bitcoin White Paper.
If this doesn’t convince you that Dr. Grabbe was Satoshi Nakamoto, you will at least believe he was on the team.
A Brief Guide to CBDCs
What Is a Central Bank Digital Currency?
How Is CBDC Different Than Cryptocurrency?
Why Are CBDCs Considered Controversial?
https://www.coindesk.com/learn/what-is-a-central-bank-digital-currency-a-brief-guide-to-cbdcs/
Great article. Thanks for sharing
Rita, Right to Reply gave a an overview of the CBDC, below. I see the future with CBDC the same way RtR does.
Cryptocurrency on the other hand, at this moment, is digital
currency independent of centralized control. TPTB do not like this. Individuals can buy and sell crypto, and there are retailers (maybe wholesalers?) that accept payment in crypto. Trading in crypto occurs independently of any central review, as I understand it.
I don’t have any interest in owning any crypto so I have never researched how to buy it. I don’t understand what drives the value of a unit of crypto.
I have learned what little I know by reading articles on it over a few years. My cousin wrote me an email explaining the entire thing, his brain is way more huge than mine and I got lost!
Nonsense can easily be defeated, just not by an apathetic citizenry. Need to start cracking heads.
Look at every single prison in the USA. Why do the inmates remain?
BitCoin is a Red Herring, it’s cash (and possibly gold and silver) that they want to eliminate as mediums of exchange.
Bitcoin is in fact traceable to the owner. It has to be to work. It is all recorded in a digital database type ledger, just like an accounting ledger except the digits are 0 or 1. Just like everything digital, it is subject to loss of electric power for trade and to hacking for theft. The traceability is through the exchanges which perform the conversion from bitcoin asset to some form of currency.
Jmp2cth is correct. The government can determine who owns what in the digital coin world via the exchanges. There are no exchanges outside government controls. Some digital coins are better protected from the government controls and from hacking than others but none is without weaknesses. There is no digital orc to safeguard your digital assets, this is why every bank that supports digital banking makes you sign something that makes them NOT responsible for digital theft.
They must eliminate cash for their CBDC to work. There can not be an alternative to the government script. Cash is anonymous, no digital currency is completely anonymous. Cash is untraceable, for the most part. No digital currency is untraceable, they all leave their footprints as they crawl across the world wide web of the internet.
Bitcoin is a decentralized digital currency controlled via disparate exchanges across the world. CBDC is a CENTRALIZED digital currency under the control of a central bank and the associated government. Exchanges are not independent of their physical locations, thus, the national governments they reside in may invoke control of them at any time. Laws change, so, it may not be lawful for the government to intervene today, but tomorrow is not a sure thing. Exchanges are not independent of the currencies they negotiate in.
Mostly, but the CBDC is just a control measure to totally keep you from ANY WAY OUT. BTC, as TPTB sees it, is a “way out”, an alternative. They can’t allow that.
Beginning to wonder if Russia will become safe haven for more than Showden & Tara Reade. Right now I don’t think we’re the good guys…and thanks to the see aye A maybe likely won’t be until further notice.
I have the same sense… it’s SO hard, and heartbreaking, to accept that America is a bad actor in the world… but clearly we are and have been for quite some time. Our govt is not only harming other countries… but trying, deliberately, to harm American citizens and our/their own country.
THIS is the real struggle with the jabs, acknowledging that .gov attacked its own citizens’ very lives. This is why we must be kind to those who are slow to accept this unnerving truth, especially those who are dependent on government checks.
America is not the bad actor in the world. The corrupt members of government whom are far fewer than 375,000,000, are bad actors. America is an ideal unique in the world; a Constitutional Republic that still stands for freedom and opportunity, despite the attempts by certain bad actors. The Constitution is still in place and we expect to follow it still, despite attempts by those same bad actors.
WE THE PEOPLE are legion, we are awake, we are waking others, and we are not giving up our country so easily. America is very much worth fighting for.
Your continued attempts at narrative building and America bashing is weakening. We, however, are not.
If a Constitutional Republic cannot resist the imposition of CBDC, Covid, 9/11, and World Wars, who can?
But we benefit from their behaviour, until we don’t!
People complain about coffee and chocolate prices, but do they care the person providing the work never gets to eat, or taste the coffee? Our behaviour ensures you can buy it at that price. WE ARE ALL GUILTY.
They owe no allegiance to any country. Only to themselves.
They’ll be surprised when they die.
Tara said Russia or Iran are the only countries that won’t extradite you.
That zone is smaller then grey or yellow.
It already is:
https://www.thefp.com/p/american-men-seeking-american-dream-in-russia
Many think this is yet another reason many on the left have been pushing to eliminate the Federal Reserve – Powell is against CBDC and has done all he can to prevent it. Yellen and those behind the Brandon regime are desperate to kill crypto and invoke CBDCs. They wouldn’t even need to sell Treasury bonds to finance their massive deficit spending – just could add some zeros to their CBDC balance…or take 10%, or 50%, of everyone else’s with the flick of a finger.
Like hamsters on a wheel, we will all be trapped. People will be forced to spend their digital allotment, or lose it. In turn those purchases keep production going. Its an absolute vision of hell with no retirement, or peace for anyone. Technological driven Fascism.
Your description of it as hell is an apt one…
However – “Like hamsters on a wheel, we will all be trapped.”
Absolutely not!
As from the beginning of time – both of humanity’s and our own, we have one of the greatest gifts ever given – free choice. It can never be revoked or taken away by another human, for no matter the situation we face it is still ours. Even in the face of the instant of death, still we have a choice. The Russian people learned that the hard way. For many Americans it is infused into our DNA.
For me and mine, we will never give up or give in, we will not go gentle into that good night and we will not trade our souls.
Trump f’d up in his first administration. He appointed Mulvaney to be the Director of the OMB (THE most powerful department in the federal government). Trump didn’t understand the power of OMB.
Anyway, Trump moved Mulvaney to run the CFPB.
Mulvaney will go to hell for not destroying the CFPB from within and for not teaching Trump about how to use the OMB to destroy the administrative state.
Mulvaney is NeverTrump and spoke out against President Trump after J6.
He’s an egomaniac who repeatedly disparaged people who didn’t want loads of illegals clogging the school system, driving drunk, raping women, ad nauseum. We were the “great uneducated, unwashed” to him. POS.
I’m going to assume you are speaking in possible futuristic constitutional terms, ie., IF the only way to restore our Constitutional Republic is to desolve and rebuild it b/c our govt has devolved into such severe corruption that it cannot be restored in its current state… and therefore must be dissolved and rebuilt.
We are NOT there yet… and I pray we never will be.
Our Founding Fathers did fear that one day our govt might become irredeemably corrupt, totalitarian and unconstitutional … so they included a provision in the Constitution that declares that the people have the right to dissolve a corrupt govt.
We do not want this to ever be necessary.
And, we also have no idea what the resulting govt will be when it’s all over.
… and many will die and our land will be destroyed. Brother against brother. No one wants that.
No one wants that, but we sure as hell do not want tyranny. “Life” is not a mere existence, it’s living in a just society where laws are enforced and man is to stymied to pursue liberty and happiness
“I’m going to assume you are speaking in possible futuristic constitutional terms, ie., IF the only way to restore our Constitutional Republic is to desolve and rebuild it b/c our govt has devolved into such severe corruption that it cannot be restored in its current state… and therefore must be dissolved and rebuilt.”
————————————–
We’re there NOW, not in the future. Even Sundance admits Trump’s just a bump in the road. No one here’s thinking WHAT DO WE DO AFTER TRUMP?
EVERYONE here’s in lockstep. “We can’t do anything right now”…..”We’re not at that point yet”…..”When we win 2024″…..etc, etc.
Yours, mine, and everyone else’s future is being decided EVERY DAY in D.C. by nameless bureaucrats entrenched deep within the DS. EVERY DAY WE LOSE MORE freedoms. Just because we can’t see it doesn’t mean it’s not happening. Just because we’re not all being rounded up like German Jews in 1943, doesn’t mean the roundups won’t happen in the years to come. Heck, Australia and New Zealand rounded up people during Covid who didn’t swallow the govt lie.
As to my post, it’s both literal and figurative. The citizens in every country outnumber the elected, installed, or selected ‘leaders’. Those citizens can at any time rise up in unison and literally drag their overlords from office. Whether it’s right or wrong, whether it throws off dictatorial tyranny and restores human dignity and freedoms, only those citizens can decide.
IS IT FOR NOTHING THAT SUNDANCE HAS PERMANENTLY POSTED THIS QUOTE FROM MIKE VANDERBOUGH ON THE “PRESIDENTIAL” THREAD!?!?!?!?!
“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”
He didn’t say he “wanted it”, but that, at some point, it might be the only option.
https://blog.tenthamendmentcenter.com/2024/04/signed-by-the-governor-tennessee-law-excludes-cbdc-from-definition-of-money-and-deposit-account/
Tennessee, Indiana, Florida, South Dakota, and Utah, thus far, have banned CBDC’s
Excellent article.
And LA, recently. We need state banks, like ND has had since 1921.
This. For cbdc to work it has to be accepted by everyone. Alternative currencies will flourish and the cryptocurrency genie is already out of the bottle and no government is going to put it back.
The damage it would do to the dollar is something no politician can afford.
Think the UCC (Uniform Commercial Code) defines what is money. Indiana is a net receiver of federal funds. All the Fed has to do is hold back the money until Indiana allows CBDCs. Or link federal programs to CBDCs – food stamps, etc. UBI (Universal Basic Income) also comes to mind. AI is expected to replace most call centers within 12 months.
Also, the federal government is frequently the largest employer in a state.
What many may not realize is when the Federal Reserve was created, the income tax was enacted too. The government would accept Federal Reserve made money in payment for the income tax. They created demand by mandate.
I think a lot more States are going to sign on to the banning of CBDC’s.
It’s WAY past time for the States to remind the Feds about the 10th Amendment, and it’s a fight that needs to happen NOW.
Oklahoma has a bill…so still working on banning CBDC usage.
Would you believe that Coin Desk actually has an article supporting CBDC’s.
‘Wonder why?
https://www.coindesk.com/consensus-magazine/2023/05/04/the-reactionary-political-theater-of-cbdc-bans/
I am happy to see States being proactive instead of reactive, as most of the time reactive is too late; the snowball is at the top of the hill and it’s coming down.
I hate to break it to you Mr. Josey, but we don’t even know each other. Let alone have the courage to “get organized.” I would walk right past you on the street and wouldn’t recognize you. You’re also giving a fake name, which would make meeting nearly impossible. In fact, just pointing the necessity to get organized out on channels like this will spark the cowardice of most of the other who frequent this site. I’ve tried to point this necessary step out many times and have gotten called a “FED” for doing so. I think what you’re suggesting is nearly impossible.
Crypto and CBDC are not inherently evil in themselves its what men do with it that makes them evil!
Before. We would trade amongst ourselves, you had this I had that we would trade, the guy on the other side of the mount had things too, we traded.
Isaiah: 65
For. behold, I create new heavens and a new Earth. And they shall build houses, and inhabit them; and they shall plant vineyards, and eat the fruit of them. They shall not build, and another inhabit; they shall not plant, and another eat:
God said this!
Sounds to me, no more need for money in those that believes in God’s future. This is the world God planned for those that truly believe. Not complicated, very simply. We make our whole world a garden of Eden. There is more in that chapter, children will be children for a thousand years. Long long lives in other words.
Me personally, I look forward a no complicated life of Crypto/CBDC or for that matter money.
Joseph Lowery, Softwar
I have not finished the book yet, but the framing works for me.
The key aspects of Bitcoin is a mathematical principle limiting the supply (unlike CBDC it is allegedly finite) and its location on the blockchain.
The fact that Yuval Noah Harari just labeled Bitcoin a “currency of distrust ” just bumped up my view of it ( offset by the big bank ETFs getting into it.)
A currency of distrust of governments and banks – what could be more quintessentially American than that?
I also would place a pretty hefty bet Satoshi Nakamoto = NSA
But maybe a white hat faction.
It is a currency of distrust, unfortunately, just because it is digital does not mean it is impenetrable. It is subject to hacking just like digital bank accounts. It is subject to grid down just like everything electrical. Its biggest weakness are the exchanges.
There is no limit on supply. The pieces of bitcoin get smaller and smaller.
Sundance, are you getting eyes on NATO in Finland? 🧐
I’m more worried about the US -NATO joint base near Norfolk, Va
https://jfcnorfolk.nato.int/
IMHO, around all the noise, smoke, and mirrors, the true target of Operation Warp Speed was always the Federal Resrve Note. Before it could metastasize further into a CBDC.
Locked on target.
Check.
Can you control the financial system so finitely that six years in advance, you can publish what the Dow will close at on May 17, 2024, and also make the last three numbers add up to your signature?
Turns out, the answer is Yes.
That puts a whole new light on everything going on.
If you make crypto legal in DC and illegal elsewhere, it will just increase the value of the crypto….for awhile at least till people finds ways around enforcement efforts.
The swamp creatures may like this, but they will still need to be easily able to spend the crypto outside of DC. Is access to guns only available in places they are deemed ‘legal’???????
Crypto also assumes there will always be an open internet and electricity to access, create, account and transfer crypto………………….a couple of well placed EMP devices when deemed beneficial to some actor will nix the records pretty quick…..(oh yes, the USA did not blow up the Nordstream pipeline….it was Gilligan and his Ukrainian crew in speedo’s on a rented sail boat out of Gdansk).
To eat you will always need to physically pay or trade for food. Is it ‘God given’ that there will always be electricity everywhere??? I hear it is pretty dark in many places in the Ukraine these days. A couple more strikes and that’s it folks for the grid.
CBDC or any crypto’s ‘Achilles heel’ is the absolute belief that electricity will be eternal and universal. Most take it for granted, but is it?????
Rome eventually inflated its’ currency out of value, not existence. People still find large coin hordes. When the USD dies a new power will try to recreate a new basis for physical exchange. History has many examples of failed paper attempts.
So far, gold and silver are the only two substances that have worked.
In God We Trust…………all others need something small and light that is universally viewed to be of real and lasting value.
Let’s cut to the chase and acknowledge that global bankers own this country and see us as serfs and we say anything about them dragging their shit across our faces, we’re “antisemitic”. Kick them out and watch our nation prosper
You’re living in la-la land. Kick out the Fed. And go back to “sound money”, and so you get politicians in charge of it (security galore, right?), you get the Panics of 1896 and 1907, and 1929, and 1933.
Yeah, great solution. The gold standard never held back the “panics” that ensued by TPTB meddling in money matters.
THATS THE PROBLEM that needs solving … The problem of THE CHARACTER OF THE FINANCIAL MANAGERS, and THATS a big problem.
It’s actually at the core of everything.
You don’t buy insurance because you want your house to burn down.
The Death of Bimetallism and the Gold Standard Act of 1900
https://www.aier.org/research/the-death-of-bimetallism-and-the-gold-standard-act-of-1900/
BINGO!!! Winner, winner chicken dinner!!!
We need HOLY citizens!!! Like Harrison Butker!!!
You nailed it. It’s the people behind the creation of money; not the standard.
The gold standard was always a fallacy. Even gold coins were inflated away. First reduced in size and more made. Then, other materials added. All to cover the debt of the ruling class.
Nixon had to close the gold window because France thought the U.S. was overprinting its currency. The U.S. denied that it was.
So France was sending over a ship full of dollars that they wanted to exchange for gold.
These people disgust me.
End
Yes, they do!
Fantastic post. I fear no man or death and will give my life to protect my children and the coming generations. Tyranny winning is not an option
One of the scariest scenarios to me is facing the fact that all the effort of saving little amounts over years, doing without and scrimping so that there were savings to make sure that I would be able to have something for retirement without poverty – may have been totally useless. That I may arrive at a point that I will not have food or money for insurance or taxes or heating/AC or healthcare.
The elites play on those fears to control us. When they can cut us off from life itself or can threaten to do so.
This is why self sufficiency is so important. As we get older we eat far less, and growing a garden is not so difficult when we can preserve our harvests. Don’t grow to feed neighbors, because if they are not doing it for themselves, then that is their look out.
For those who have a spare $2000 a freeze dryer is the greatest investment you can make. You can preserve your food for up to 25 years. Your food will take up very little space, but to do it, you have to start now.
I learned a lot watching this guy. His entire channel is a wealth of information.
Most Americans will be dealing with this just like you. I do not think most insurance is worth the cost now, and it is escalating dramatically. Your money is better spent on things you need to survive. Most of us will be looking for ways to cut our costs and become more self-sustaining. At its base, this is what the prepping movement is about. The more we can do to provide for ourselves, the less expensive our lives and the less dependent on the supply chains, the farmers, the butchers, etc we become. We will all be facing tough choices going forward. Many herbs and other plants are medicinal. Some of us will have to figure out what medicinal herbs can back up the Chinese supplied medicines in our medicine cabinets.
Go find Patriot Nurse on YT, she’s fabulous, an an accomplished herbalist. Will educate you from soups to nuts, plus a great 1st Aid course.
Yes, ma’am. My retirement savings have declined by 17% of their purchasing power. I lived in a crap condo, below my means, worked 60-hour weeks so I could be responsible in my Medicare provisions, all for nothing.
And now there are all the people who NEVER PLANNED for Medicare co-pays, deductibles, never had savings, and now they think they’re entitled to “extra help”!
Pisses me off.
That’s exactly when we have to trust in God.
I remember a Polish guy who used to say, “Be not afraid!”
Look up Catherine Austin Fitts. She says the government is behind the Great Reset because it has spent all of the pension and social security money. They’ll use bankrupting the citizenship to get them to go along.
It’s been about 100 years since our last Depression, so the next Greatest Depression just needs a good spark to ignite and this CBDC may do it. Most of the elders I know will finally resist the government BS about CBDC, especially after the Covid Hoax. Next up is the entire Black Culture in America. The vast majority are not enamored with banks, more government and being closely regulated. Once the “implications” of DC is explained, I would expect outright rejection. Next group is the 40 to 50 million illegal immigrants residing in America. They survive by largely being anonymous and un -tracked and will not want to change that; especially given the climate of deportations being discussed. Kongress may jam it thru, but mass disobedience and violence will be even more possible. I hope Kongress discovers a long lost sense of responsibility.
It’s not just what the Dim politicos are doing now to blacks, it’s what their cursed welfare policies did to break up one of their strongest attributes… Intact families with legitimate children, small businesses, strong community institutions, access to good educations.
They’re seeing it now, and they are PISSED OFF!
Thanks to LBJ!!!
May the aluminum force be with you💖
God speed
p.s. You are behind
in the backside scenery
– for the backside calendar 😎
I go back to the Bible, the founding fathers and the US Constitution for the definition of ‘money’.
Currency on the other hand, can be almost anything.
In the end they are both a claim on labor or resources.
Money has held its value for thousands of years, Currency, not so much.
My uncle lived in Hong Kong for 8 years, and invited me to dinner with an elegant, wealthy gentleman who made his fortune in jewelry.
His family escaped Shanghai just as Mao was taking the city in 1949, and the city had horrible, chaotic inflation. People were bartering goods, but for coin payment, silver coins of all nations, all denominations, were circulating freely as payment! This makes me think that those who have coinage will be able to use it in times to come.
I lived in Hong Kong for 8th an 9th grade in the early 80s.
Great experience.
The error most make is projecting the purchase power of a currency too far into the future.
I took a Soviet steam train in Karelia | My expedition to the Far North of Russia starts! – YouTube
☝️☝️☝️☝️☝️Eli from Russian
It looks beautiful!
Stunning beauty!
Y’all notice what gold and silver have done so far this year?
https://finance.yahoo.com/quote/GC%3DF
https://finance.yahoo.com/quote/SI%3DF
Those two charts aren’t saying anything nice about the U$D.
Silver up $2 Friday $31,47 an ounce. Gold $4214!
Actual the dollar is down vs silver and gold.
One of the key ways to become wealthy in real terms is to exchange silver for gold, or gold for silver.
Forever gold: 2002-2024
https://www.tradingview.com/symbols/XAUUSD/
Buy the rumor, sell the news.
Central Banks Opt for Gold as De-Dollarization Accelerates
JP Morgan’s latest report reveals a significant shift in the global economic landscape as central banks diversify away from the US dollar… Gold, now the second most held reserve after the dollar, has seen its proportion increase from 11% to 15%.
https://www.tftc.io/shift-to-gold-de-dollarization-accelerates/
cool scene.. but like here, you keep going north there, you’ll hit soviet canada.
good light shows?
We need legislation that makes it illegal for businesses to ban cash.
The Uniparty has to go the way of the dinosaur! That is the Party of Evil, Wicked, Mean , and Nasty! There is nothing positive or good about that entity! Reminds me of sewer rats!
That’s an insult to sewer rats!!!
This is from an Australian living in Iceland where they already have digital ID
https://x.com/iamLeonHill/status/1791106077167169636
This current Government will be voted out at the next election but I don’t think the next government will be any better. All I hear is the gurgling sound as we disappear down the Agenda 2030 plughole.
Actually, we don’t have to speculate, on “What would happen IF the populace, in unity acted at the same timeand marched into the halls of Government, 100,000, …300,000, etc.
We HAVE an historical precedence of EXACTLY THAT happening.
From that precedent, we know the people do not NEED to be armed.
We know what happened to the people in those halls; the FLED.
Its called “the Singing Revolution” and before the USSR was defeated in Afganistan, before the fall of the wall, before even solidarity, there was the entire population of 3 Baltic countries, with no organisation at all, spontaneously deciding they were “mad as hell, and not going to take it any more” but instead of yelling, they went into the streets, linked arms with neighbor or stranger, and began marching towards their Capital cities.
Realising, just as you say that they could not shoot everyone,..the Soviets and the vichi Governments they had propped up, announced they were leaving, and DID.
A total of 13 civilians, the martyered radio station employees, died.
And that was the beginning of the end, of the Soviet Union.
Please keep reminding everyone of this, Dutchman. Thank you for bringing it up once again. We can save our country!
A general strike is the most peaceful way of dealing with any parasitic tyranny, as they all are by definition.
Rolling strikes in various sectors is even more powerful. That way you are work getting paid but with no material to accomplish that work.
The key is for most of the producers to stock up to easily survive the shutdown.
Any American politician who votes to authorize the creation of a Central Bank Digital Currency in this country is both treasonous and an abject betrayer of their oath of office and the American people. Such politicians deserve to be executed for their crime. No exceptions, no excuses, no do overs. Period.
‘Even if Trump wins the ’24 U.S election, the bankers who control the rest of the yellow zone will continue implementation of the Dollar-Based Central Bank Digital Currency (DBCBDC) without direct USA participation (they will wait out Trump’s term).’
Some observe:
The US President cannot change the course including CBDC.
CBDC is part of MUCH larger tectonics sinking the US Republic toward an end state of totalitarian vassal.
CBDC will be a part of the totalitarian controls of that coming vassal state.
Vassal under what?
Consider where the US military sinkholes are heading, led by Ukraine. In the face of US sovereign debt accelerating past the point of sustainability, the US deindustrialized economy and all-around blighting of bioweapons attrition, encroaching climate canard asphyxiation, and DIE precluding any chance of restoring the Republic.
It’s been said that “Making war without industry is an oxymoron.” China controls strategic global industry now, from raw materials processing to basic industry to electronics to pharmaceuticals and everything else. It therefore exerts strategic control over the US and the rest of the world. China and Russia and are becoming tightly integrated now, as part of BRICS+ which is also separating its financial system from the sinking US Bloc.
So the question becomes: Why is the US continuing its Ukraine thrust?
This question must be asked because the most likely progression and end state of the current thrust looks like: US/NATO drawn into direct war with Russia, industrially-weak US is forced to capitulate, US accepts de facto vassal terms under a facade of “multi-polar governance” administered by the UN, under (veiled) control by China and Russia.
The advent of war will provide the pretext to default on the sovereign debt and “suspend” civil liberties because of “wartime necessity”. This will be the start of the new debt-free totalitarian state, that will become the vassal with the inevitable war outcome.
This view sees the veiled US Bloc powers including the ICs as steering things to ensure they will be secure as satraps of the coming vassal state.
Can anyone offer a more optimistic view?
Back to the discussion about CBDC and Trump: In the above larger view, myopic.
Twice, the Ukrainian People voted for Peace with Russia. They elected the pro-Russian Poroshenko and then the pro-Peace candidate Zelensky.
So we overthrew Poroshenko and then subverted Zelensky. Ukrainians are being fed into a Meat Grinder forced on them by the American Deep Swamp, who cynically call it “Standing with Ukraine(tm)”.
The lesser reasons for their Ukraine Fetish are too numerous to list, but include Sex Trafficking, Biden Bio-Labs and the Kickback Money Laundering.
The greater reasons are Cannon Fodder Depopulation, Digital Tyranny and One World Government, aka; kill, steal and destroy.
Sundance realized the Sanctions Regime were actually designed to box the West into Digital Tyranny. Similarly, the creation of BRICs seems to be not an unfortunate side-effect, but the intended goal, as it harms America.
What you are asking is this: Would the Obankster Regime get America into a Russian and/or Chinese Conflict in order to lose those wars? I think they would if they could.
But they will not succeed. GOD’s Word.
Habakkuk 2:
9-11 “Who do you think you are—
recklessly grabbing and looting,
Living it up, acting like king of the mountain,
acting above it all, above trials and troubles?
You’ve engineered the ruin of your own house.
In ruining others you’ve ruined yourself.
You’ve undermined your foundations,
rotted out your own soul.
The bricks of your house will speak up and accuse you.
The woodwork will step forward with evidence.
12-14 “Who do you think you are—
building a town by murder, a city with crime?
Don’t you know that God-of-the-Angel-Armies
makes sure nothing comes of that but ashes,
Makes sure the harder you work
at that kind of thing, the less you are?
Meanwhile the earth fills up
with awareness of God’s glory
as the waters cover the sea.
Yes and Amen, Lord God Almighty!
Rest in the Vine: Fresh on the Heels of Their Moscow Terror Attack Success,
the DC Deathmongers Send More Cannon Fodder Blood Money
to Butcher Even More Ukrainians For Empire
They will all die. At some point they will revolt against their government. Its in their blood.
https://revolver.news/2024/05/laura-loomer-possible-hidden-bombshell-hush-money-case-judge-merchan-daughter/ Huge
EXCLUSIVE EXPOSE:
https://abs-0.twimg.com/emoji/v2/svg/1f6a8.svghttps://abs-0.twimg.com/emoji/v2/svg/1f6a8.svghttps://abs-0.twimg.com/emoji/v2/svg/1f6a8.svgNEW YORK CONGRESSIONAL DEMOCRATS HAVE BEEN SENDING MONEY TO JUDGE MERCHAN’S DAUGHTER’S PERSONAL HOME RESIDENCE IN RICHMOND, VIRGINIA AND DECEPTIVELY DISTORTING FEC RECORDS TO COVER UP PAYMENTS TO LOREN MERCHAN’S COMPANYhttps://abs-0.twimg.com/emoji/v2/svg/1f6a8.svghttps://abs-0.twimg.com/emoji/v2/svg/1f6a8.svghttps://abs-0.twimg.com/emoji/v2/svg/1f6a8.svg
fwiw
Sweeping ‘Bitcoin Rights’ Bill Becomes Law in Oklahoma
The new laws protect Oklahomans’ right to self-custody their crypto and prevent the state and local governments from banning crypto mining.
https://www.coindesk.com/policy/2024/05/15/sweeping-bitcoin-rights-bill-becomes-law-in-oklahoma/
Lucky dog, a step back in time is something we all should do.
Davos globalists knew there would be hiccups along the way. President Trump and his deplorables are a couple of those hiccups and they will fade away. The youth are being programmed as we wait.
Lincoln said it it best with “The philosophy of the school room in one generation will be the philosophy of government in the next.”
Far too many take the power in the classroom for granted. They have destroyed the future, and all you had to do was walk your kids to the school gate!
Sundance have you been in Russia for several weeks? When are you coming back and what are you looking for there? Is Karelia a place you would like to live as a vacation spot? My questions are because I don’t fully understand your time in Russia. It’s your business but I would like to know. No offense intended here. Thanks If you have posted this I appreciate the link.
We just got a postcard from Sundance:
Looks like the situation is well in hand.
Fishing trip. Perhaps for trout.
Otherwise, none our business what SD does with his time.
He is posting. His private life is his.
Fiat currency (dollar) is currently not backed by anything other than promises and trust. It used to be on the “gold standard” but not since the 70’s, since Nixon.
Fast forward today, a US dollar CBDC will be backed by the same EMPTY promise, (whats-left-of) trust and possibly some hubris, threats and blackmail. As we know the foundation of any lasting system /s.
It is also improbably that the US will add trillions of dollars of gold reserves to back up their CBDC, if not simply for the fact that there would not even be enough gold in the world to do that. Inventing gold on the comex that does not exist is not going to work either for those amounts.
Therefore you can relish the fact that in case the dollar CBDC is used as a means to your enslavement, then you are being enslaved by empty promises and zero trust.
Therefore any such scheme will sooner or later fail. Just a matter of how many dead bodies will have to be counted until it does. The US CBDC is a hail mary to save the Western economic banker system, sold to politicians under auspice of centralized power and control. At least China’s digital token has the courtesy to be able to being (at least partially) backstopped with physical gold.
It can get crazier, the West could decide gold is evil and the source of all problems again (it wouldnt be the decades if central banker grift and inflation, now would it)
How high can the hyper financialized West’s banking system stack bullshit before it comes toppling down?
A debt based currency is backed by the need of others to produce value in order to pay back there debts ‘with’ interest.
Plus taxes are also required to be paid in currency.
Thus their is a built in demand for it.
What prevents the wider adoption of Constitutional money is the unconstitutional capital gains tax on it.
How do you think they will implement the switch to CBDC?
Will it be all at once where you have a set time limit to convert your cash into CBDC?
Or will they just destroy the bills as they collect them and not reissue any new ones?
The first step will be a central ledger system that say 90% of all transactions run through.
Given the scale of government payments this will easy to do.
At this point making the digital only currency programmable will be the next step.
Making any transaction outside this system criminal will be the final nail.
Has anyone noticed a change in your current banking privileges? Wells Fargo has limited direct bank to bank transfers to $6000 a month. You can still wire transfer, but you have to do it through a bank officer. This is new.
Yes, it’s called frog soup.
I still remember holding a 1000s dollar bill, worth about 10K today.
It won’t be too long before 100 dollars is more like 20 dollars today.
Can we stave off this Government takeover until after the November 5th election?