So now they have risked everything by too quickly trying to regain their advances in objectives and time in such a way as to allow it to be understood by the people. They must have an end date. Why? What is it? What is its significance? I keep coming back to these questions. Why would they risk it all instead of just slowly regaining their advances and continuing as normal?
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The monetary system has an end date on it and it's past due for collapse. You can research past durations of fiat currency systems, they all fail, usually around 40 years. They continue to prop this one up using tricks and printing, but they can collapse it any day they want because it's increasingly fragile. That's the reason they need to get the population under control and prepared for a digital currency, their next iteration of the current one except it strips the remaining privacy and personal control away from anyone using it. Vaccine passports are a trojan horse for digital currencies being implemented throughout the world. All IMO of course.
Fiat is not backed by anything and is controlled by the govt. Crypto, while not currently backed by anything, is controlled by we the people and is decentralized and the pitfalls of fiat have been designed out. Please do some research before posting.
You are clearly an idiot. Good day.
Crypto, like any currency, gains value when someone accepts it for exchange of goods/services. If you go to Chuck E Cheese (or Dave and Busters) and buy a gaming card loaded with points, you can spend it on games. You can also sell an unused card to someone at a small discount and it will hold value.
Crypto is the same thing. As soon as someone accepts it for some service in return, then it holds intrinsic value. An example, there are some crypto currencies that exist that can be used to pay for porn on specific websites. The value of the crypto is driven by the goods that back it. If no one has interests in those goods, then the value of the crypto drops.
Bitcoin is accepted by multiple places for goods and services including Tesla. So you can't say it has no value because you can exchange it for hard goods.
Been paying for groceries gas and cell phone with crypto for 9 months now
I'm with you.
I'm not switching over to some crypto that is gone when the power is gone.
Crypto and fiat is back by the same thing with one exception
Fiat is backed by endless wars and petro dollars. Crypto is backed by.... wishful thinking. Q made it clear: GOLD will end the Fed. NOT Buttcoin & Shitcoin.
Dude do some research people back fiat nothing else
All money will inevitably become monopoly money. Gold will not remain rare forever. Space mining is on the horizon and will force major changes in how we create currency and back that currency with value.
The same thing would happen today if everyone tried to withdraw their savings from the banks. All currency today is a ponzi scheme. Most just don't realize this yet.
Says the people using fiat currencies that the government keeps printing and devaluating every year.
Is it though? What happens to our fiat currency when the oil monopolies are broken up? We hear rumors of returning to the gold standard, but until then our money is as useless as the currency of Weimar Germany preceding WWII. During their financial collapse they used blocks of their cash to heat their stoves, and for children's play toys. Any value perceived in our economy presently is a façade and illusion.
No, it is inevitable. Fiat currencies have a half-life. They cannot last forever. We are already overdue for a financial collapse. The only thing stopping us from a complete financial collapse is that the feds have driven up the reverse repo to a TRILLION DOLLARS in a futile effort to syphon the COVID cash out of the market. This is unprecedented.
In an economic collapse, tangible and physical things will hold value. Guns, ammo, food, and shelter will be more valuable than any precious metals you might hold.
Correct. At least in my opinion.
This
I totally agree with you here. Adding the impending collapse of our fiat currency to the question of an end date gives a more complete perspective I think. Those of us who refuse the vax and hence the passport will create a brand new black market for goods and services through bartering and real money. Cash may maintain some value for a while. We will suffer hardships for our beliefs, unless patriots really are in control. This is as close to accepting the contract with Satan and his mark as anything we've ever seen. God be with us.