I have long been wary that the cryptomania of the last decade and a half could be to prime the population psychologically for the idea of digital currencies. All that is needed is to switch from a decentralised blockchain model to a centralised one and you have CBDC.
Do certain cryptos, such as Monero and Dero (the "privatecoins") beat that model? Not if they can be made illegal.
Trump discussed his views on the relationship between bitcoin and the dollar: bitcoin would then become the anchor that would allow the U.S. government to weaponize the dollar against economies where local currencies fail to withstand the pressures of an increasingly unstable economy, effectively supplanting the local currency with digital dollars. This phenomenon, already under way in countries like Argentina, brings with it significant opportunities for the U.S. government to financially surveil the “billions and billions of people” to be brought onto dollar stablecoin platforms, some of which have already onboarded the FBI and Secret Service and froen wallets at their request.
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FROM THE HOOVER INSTITUTE:
Despite a tumultuous and volatile marketplace; scandals, arrests, and bankruptcies at rival digital exchanges; and social issues disrupting his own company, Coinbase CEO Brian Armstrong is a devout believer in digital currencies and the power of the blockchain. In this interview, Armstrong describes how he co-founded Coinbase, explains the basics of how digital currencies work, and responds to criticisms of cryptocurrency from Warren Buffet and others
I LISTENED TO THE MESSAGE ABOVE AND AM CERTAIN OF PLANS FOR BITCOIN AND STABLE COINS. SINCE 2011 I HAVE BEEN LISTENING TO JAMES RICKARDS AND PETER SCHIFF. SOMETIMES THOSE WE TRUST ARE WRONG.
I SUBSCRIBED TO THE IMF AND BIS AS EARLY AS 2019. CHRISTINE LAGARDE WAS WARNING THAT A CBDC MUST BE ISSUED TO STOP BITCOIN FROM INTERFERING IN OUR MARKETS. THE BIS PUT OUT A VIDEO BRAGGING THAT WITH A CBDC..GOVERNMENTS COULD KNOW WHAT WE WERE SPENDING OUR MONEY ON. THAT WAS JUST A WAY TO GET US ALL TALKING ABOUT CONTROL AND WE DONT WANT THE CBDC. BUT WHAT WILL WE GET? STABLE COINS?
Yes, I remember Augustin Carstens saying the quiet part out loud.
This is all helpful information.
What comes next is anyone's guess, but it will be directly correlated to the level of resistance to the all-digital agenda, which forms the basis of a totalitarian control system.
Ultimately, though, it may not matter what kind of stablecoins we are paying with, but how we are paying for things. "Over time, it all becomes invisible to the consumer," Kern of CB Insights said. "They know they're paying with a stablecoin, but they don't understand that, or it doesn't matter to them. They're just paying with an option that they find easiest for them. The ultimate goal is that everything gets abstracted away, and you're paying with your phone."
Brief, but very informative
The most information in the fewest words is always my goal.
You are a treasure, no one else holds all these pieces of knowledge and how they connect. I'm learning so much. May you be supported on every level.
Thanks, Mary! You're very kind!
CAPS, LEGALLY BLIND
CRIMES OF THE DEEP STATE: DAVID...THEY WANT TO TAKE OUR MONEY? I MET BITCOIN IN 2011. PRICE:
Beginning of year Price: $0.30
Highest Price: $29.60 on June 8, 2011
Lowest Price: $0.30 on January 1, 2011
End of year Price: $4.72
I DID NOT BUY.
8/4/24…60,020.91
O The US government has suddenly become one of the largest Bitcoin whales in the market, acquiring a substantial amount of the cryptocurrency by seizing illegally obtained funds. https://originstamp.com/blog/how-much-bitcoin-does-the-us-government-own/
BACK THE DOLLAR?
Corporate Crypto: Worth Taking Seriously?
https://www.rand.org/pubs/commentary/2024/02/corporate-crypto-worth-taking-seriously.html
Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony
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DESIGNED FOR PAYMENTS.PAYPAL
https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd
DAVID..THE THINK TANKS ARE GIVING US A CLUE …AND WE NEED YOU TO BRING THE INFO TO US. SAVE USAND OUR MONEY.
Thanks, Annie.
I have long been wary that the cryptomania of the last decade and a half could be to prime the population psychologically for the idea of digital currencies. All that is needed is to switch from a decentralised blockchain model to a centralised one and you have CBDC.
Do certain cryptos, such as Monero and Dero (the "privatecoins") beat that model? Not if they can be made illegal.
Trump discussed his views on the relationship between bitcoin and the dollar: bitcoin would then become the anchor that would allow the U.S. government to weaponize the dollar against economies where local currencies fail to withstand the pressures of an increasingly unstable economy, effectively supplanting the local currency with digital dollars. This phenomenon, already under way in countries like Argentina, brings with it significant opportunities for the U.S. government to financially surveil the “billions and billions of people” to be brought onto dollar stablecoin platforms, some of which have already onboarded the FBI and Secret Service and froen wallets at their request.
UNLIMITED HANGOUT, PAID SUBSCRIPTION
FROM THE HOOVER INSTITUTE:
Despite a tumultuous and volatile marketplace; scandals, arrests, and bankruptcies at rival digital exchanges; and social issues disrupting his own company, Coinbase CEO Brian Armstrong is a devout believer in digital currencies and the power of the blockchain. In this interview, Armstrong describes how he co-founded Coinbase, explains the basics of how digital currencies work, and responds to criticisms of cryptocurrency from Warren Buffet and others
https://www.hoover.org/research/why-bitcoin-will-take-over-world-coinbase-ceo-brian-armstrong
I LISTENED TO THE MESSAGE ABOVE AND AM CERTAIN OF PLANS FOR BITCOIN AND STABLE COINS. SINCE 2011 I HAVE BEEN LISTENING TO JAMES RICKARDS AND PETER SCHIFF. SOMETIMES THOSE WE TRUST ARE WRONG.
I SUBSCRIBED TO THE IMF AND BIS AS EARLY AS 2019. CHRISTINE LAGARDE WAS WARNING THAT A CBDC MUST BE ISSUED TO STOP BITCOIN FROM INTERFERING IN OUR MARKETS. THE BIS PUT OUT A VIDEO BRAGGING THAT WITH A CBDC..GOVERNMENTS COULD KNOW WHAT WE WERE SPENDING OUR MONEY ON. THAT WAS JUST A WAY TO GET US ALL TALKING ABOUT CONTROL AND WE DONT WANT THE CBDC. BUT WHAT WILL WE GET? STABLE COINS?
Thanks, Annie.
Yes, I remember Augustin Carstens saying the quiet part out loud.
This is all helpful information.
What comes next is anyone's guess, but it will be directly correlated to the level of resistance to the all-digital agenda, which forms the basis of a totalitarian control system.
FROM BUSINESS INSIDER
Ultimately, though, it may not matter what kind of stablecoins we are paying with, but how we are paying for things. "Over time, it all becomes invisible to the consumer," Kern of CB Insights said. "They know they're paying with a stablecoin, but they don't understand that, or it doesn't matter to them. They're just paying with an option that they find easiest for them. The ultimate goal is that everything gets abstracted away, and you're paying with your phone."
Check out Business Insider
'https://www.businessinsider.com/stablecoins-could-start-replacing-traditional-money-within-a-few-years-2021-6