https://x22report.com/aiovg_videos/ep-2704a-the-cb-pushes-banning-crypto-panic-sets-in-states-lead-the-way/

Colorado set to accept bitcoin for payment of taxes.

Interesting. Although I would support a move away from the fiat-dollar, I don' t think that the move to bitcoin is a good one.

It is not a State Right to accept bitcoin for payment of debt. only Gold and Silver is allowed. Unless of course, the Constitution no longer applies ...

So, the constitutional argument is killing to such an initiative.

There is something else to it. Crypto is now placated as a bad thing. in and of itself of course it is not. But, clearly, the situation in Canada shows that government has access to such venues and it means the crypto-system is part of the larger system.

I would bet that the prohibition against a non-CBDC will wait a little till such time that the use of alternative cryptos can be faulted for market distortions, leading to systemic disaster: i.e. banks in trouble.

My contention is the crypto world and all it' s financial development is at the brink of being physically, and visibly sucked into the CB-world, although it has already been part of the system for quite some time. This can be gleaned from the movements of the $/€ market vs Silver vs Gold vs bitcoin vs Ethereum. It is nicely moving in tandem, rise and fall controlled. And certain max levels are visible. At any time an asset moves up above a certain level, control is applied. And if the first action does not yield the desired result, a secondary trust down is implemented, until an asset is within desired bandwidths.

So, this is what I see. Bandwidth management. This has been employed in the EMS system, the pre-portal to the Euro, where in 92 the pound sterling was attacked and thrown out of the system. Each fiat currency moves within certain limits, hence it can revalue and devalue. But large move are out of the question for they destabilize the system and destroy the optimum monetary area.

What tools are at the deep state disposal?

1. Trowing a lot of money/ contracts at it, as with PM, as a threat to extract voluntary compliance with regulation, doxxing and other criminal investigative needs of the State.
2. Prohibition based on anti-terrorism-financing and anti-money-laundering. These two particular items can be applied in a host of circumstances, especially when it concerns national security and/or pubic health. And of course, the next massive cyber attack will see the group responsible being paid in crypto.
3. Stepping in to protect vital state interest in the sense of keeping the banking system afloat. (India CB urges Government to prohibit crypto coins). Certain banks seem to have a vital role for the system, and a lacking liquidity (which is hard to belief at this point, given the massive amounts printed) threaten the stability of the overnight lending system (see 2008/09 crisis, only this time it is much, much bigger)

The play in Canada is now to induce fear for losing essential items: a functioning bank account. And once the label terrorism is accepted, all kind of things can happen. People can be put into jail without trial. Or be forced and subjected to medical procedures like vaxxing and testing. Of course eventually, deaths will come from it. And of course investigations will show everything was done by the book.

There are more lessons to learn from these events, for instance: prepping status? But I would point out to one in particular. Crypto coins are a trap, if you do not know what you are doing. These coins are based on access & electricity. Of course, your vault may lie dormant for years. But eventually, to use them: access and electricity is a must.

And it is these items that are under pressure. Look at the prices for electricity. This will also impact the prices for access. ISP have to operate a business and especially a data-center to allow access and ISP spying.

And once you cannot pay within the system by prohibiting your access to payment services, paying with crypto becomes a challenge.

What you would need is an analog system, decentralized and off grid.

In my country, there was some talk about a parallel economic system. The lords and ladies of the government feel that this is undesirable as they do not control such a system. But, such a system is forming and growing. But it also has to be off-grid.

There remains a lot to be done, still.