Here's why I'm not jumping on the Crypto Market.
🤔💭 Theory 😲💡
I see a scheme, and I don't like it.
It goes like this:
- Be Central Banks
- Create a non-physical, intellectual currency with good prospects of banks being unable to "print more money"
- Pump it up with a lot of fiat money to make it appetizing
- Use controlled opposition to prop it up further and encourage organic support
- Get all the political right, moderates, liberals and conservatives alike to invest in crypto
- Quickly implement legislation that bans cryptocurrencies and seizes the ethernet blockchain using the FBI and the Central Bank's leverage over the legacy markets.
- The US Government would then own all the crypto certificates, and now the only way to cash them in is to turn it back into fiat dollars.
I'm not saying that's what is happening, but it doesn't seem outside the realm of possibility.
I don't like the odds on it, and I'd even say out-of-hand gold and silver schemes like Charlie Ward is pushing is also running the same scheme.
What are your thoughts? Am I being overly paranoid? Did I miss a step with crypto?
It's my understanding you might own the coin, but only the certificate issuer can "cash you out". If that were the Federal Reserve or the FBI, then what happens when they say you must cash out with fiat notes? Am I wrong on that?
Well I can say this, Americans and ANYONE who invests into crypto is gonna be mad as hornets if the government seizes their hard earned crypto. That shit doesn’t happen overnight. People work hard to make money to invest with. Build up stocks. All the effort it takes to get that many shares. All that wasted effort for it to be stripped away by yours truly will piss people off entirely. The government is failing by the day and I think if they strip away people’s bitcoin and crypto they will face the wrath of hard working Americans. Bitcoin was made to be untouched by the filthy government yet they have found a way around it using their precious pet dog, FBI.
Not "if," but when. It's only a matter of time.