The seeds would need to be in place (see GME's NFT's as a seed of exactly this system), but the entire system does not need to be in place.
Putting just gold and silver into real places that can be withdrawn and setting up a crypto based on it would all by itself take over the economy. Building that infrastructure isn't super easy, but its not that hard either. For example, once faith in the system fails, banks go out of business, and those buildings can be used to store the real gold and silver for exchange with the crypto that backs it. And all of the sudden you have a real economy.
All you need is to take faith out of the system, take over the banks, distribute (ship) gold and silver to those banks, and have the software written for the crypto (which I think already exists).
If the software is ready for that (I know it exists in lesser forms) it would take a week to transition enough to have a thriving economy.
Imagine, we could (if motivated) get rid of the Fed and the Bankers control in a week of transitioning.
Yes and no. People have been taught to believe that real money (constitutionally defined as precious metals, though it could be any real asset) are the "old way" of running an economy. Only the "new money" is worth anything.
It shows the power of the Matrix, where people can believe that a real asset in hand is worthless, and a worthless debt IOU (what we call money) that is printed on a piece of paper, or stored as electrons on someone else's computer is the most important thing in the world.
Plus we are required to pay both our taxes and our debts with their money (Legal tender laws). Unless people would be willing to stop paying taxes (which are unconstitutional) and stop paying debts (which is illegal until we prove the Banks committed fraud) we still have to use their money.
It is only when we teach people that what they use is fraud that we can transition. Its all based on belief. Beliefs must change first, then the rest is easy.
The seeds would need to be in place (see GME's NFT's as a seed of exactly this system), but the entire system does not need to be in place.
Putting just gold and silver into real places that can be withdrawn and setting up a crypto based on it would all by itself take over the economy. Building that infrastructure isn't super easy, but its not that hard either. For example, once faith in the system fails, banks go out of business, and those buildings can be used to store the real gold and silver for exchange with the crypto that backs it. And all of the sudden you have a real economy.
All you need is to take faith out of the system, take over the banks, distribute (ship) gold and silver to those banks, and have the software written for the crypto (which I think already exists).
If the software is ready for that (I know it exists in lesser forms) it would take a week to transition enough to have a thriving economy.
Imagine, we could (if motivated) get rid of the Fed and the Bankers control in a week of transitioning.
Would it be possible to use such a system to simply bypass the Fed?
Yes and no. People have been taught to believe that real money (constitutionally defined as precious metals, though it could be any real asset) are the "old way" of running an economy. Only the "new money" is worth anything.
It shows the power of the Matrix, where people can believe that a real asset in hand is worthless, and a worthless debt IOU (what we call money) that is printed on a piece of paper, or stored as electrons on someone else's computer is the most important thing in the world.
Plus we are required to pay both our taxes and our debts with their money (Legal tender laws). Unless people would be willing to stop paying taxes (which are unconstitutional) and stop paying debts (which is illegal until we prove the Banks committed fraud) we still have to use their money.
It is only when we teach people that what they use is fraud that we can transition. Its all based on belief. Beliefs must change first, then the rest is easy.