sadly technology expands in this direction. Consider the rise in car leases. Cell phone upgrade programs. Home rentals (due to more transient living styles, among other reasons of course)
Public transportation. Library cards (now virtual books and audio books)
Think streaming services. I bought my first music cd in like 10 years the other day (Tom Macdonald) and the only reason was because he was trying to cut out the music industry middle man.
Spotify, Netflix, etc are all based on the same principle: people are less willing to pay retail to own something and more willing to pay a smaller fee to have access to the same or similar experience.
The WEF wants to use technology to make an entire globalized technocracy that is more automated and efficient with the lowest possible cost to manufacture and distribute and charge every citizen a small fee to have access to these services.
It’s weird, yes, but a lot of people (including myself) used to think this model was a good thing.
Aka less waste, more reusability, etc.
Obviously this is a giant totalitarian scam. But it’s appealing to the younger wide eyed and naive people who believe their manipulation and lies.
LOL I bought CS8 or whatever it was on ebay and used that permanent license for YEARS until it stopped working on my Mac (updated architecture). Oh well, bye bye Photoshop.
Thank you!! Rich people have assets, poor people have liabilities. Things are assets, fees are a liability. You pay for Netflix for a few years and cancel your subscription, what do you have to show for it then? Instead, patiently build up your own media library-one that will last when connectivity or other people's servers fail, one that will never have shows or movies you once enjoyed removed, one that doesn't subsidize evil, one that will never be censored, one that can not be stripped from you for wrongthink.
A lot of those ideas are good and inevitable in my opinion. It’s just when they are commandeered by these globalist scumbags that it can turn nefarious. To horrible degrees too. They’re trying to create a technoslave peasant class. But if the white hats can stop them, technology can be used for good rather than evil.
This! I think as Christians we are all leery of ANY kind of “digital” currency no matter what it’s backed by, due to the system we know has to be in place in order to give rise to the Mark of the Beast. I’m not comfortable w/ completely doing away w/ physical cash that you can choose to have and exchange for goods and services if you so desire.
I have a debit card that I can basically use anywhere that I want to, but as of right now, I can also go and pull the amount I have in the bank and physically have it and use that in place of my debit card. I’m personally not comfortable w/ that type of “system” going away, even if it’s backed by all the precious metals and jewels in the world. But that’s just me. 🤷🏼♀️
I used to think that Jesus had to return in physical form when He returns. Now I realize that in order to truly worship God we must worship Him in Spirit and Truth.
I believe the Great Awakening is just that. We have allowed evil to take and stay in control. I am including myself in this statement.
The Great Awakening will show us what evil really is and what happens when we do not stand against it.
As Q has said 99% would be in the hospital if they knew.
We will all know that evil is real and the only protection against evil is walking with the Living God. We do not have to see Him to walk with Him. In fact seeking to "see" Him is in a sense idol worship.
My idea of a nice nomad home is a flying Yacht. It's 2022 where's the anti-gravity tech? We've got laser beams and holier-than-thou communist progressives, where's our sci-fi antigrav?
Absolutely right. The hubris of those shitbags is just staggering, alongside how they refer to themselves as "elites". What kind of up yourself, pedophile do you have to be to call yourself an elite. They deserve to burn forever in fiery hell for that kind of vain self-importance - if nothing else.
Exactly, and it won't be possible, at the very least not possible in the United States. People thinking it'll be possible to cash your crypto in and then get gold sent to you from Russia? Even if they actually send the gold, or try to, it'll be a financial institution within Russia and will be sanctioned by the United States, so that citizens can't do business with this Russian financial institution, and they will prevent gold shipments from landing in the United States. This crypto will be worthless, or even less than worthless when you try to exchange your crypto for gold and never get the gold.
Well... it doesn't exist yet. But considering you can use crypto as it stands now to buy precious metal... I don't see any reason why a CryptoRuble couldn't be used to purchase/exchange for physical gold in the future.
Most of my metals now were purchased purely from Crypto gains. Why would this be any different?
This is the problem with not holding physical metals. There’s no assurance that they’d be holding the gold to back all of these assets. In time it would begin to resemble the paper silver market here.
When the US was on the gold standard you could take a silver certificate into a bank and swap it straight up for physical silver. The gas analogy is terrible.
One of the main reasons gold was decoupled from fiat, was the gold purchasing tax. Once that was removed, buying gold=exchanging for gold. No, it doesn't need to be pegged.
Crytop and a digital currency are two different things. Just as coins and token are different withing crypto, this is a similar split between digital fiat, and gold backed digital currencies. Yes, even if it uses a block chain.
Here is my understanding on the matter:
Crypto coins = Created by work effort on a unique decentralized block chain.
Crypto tokens(Most common) = Created out of thin air, exist on another assets block chain, or centralized control.
Digital dollars/rubles = Backed by trade assets (gold) created out of labor.
Digital tokens(WEF) = Socialized fiat, created out of thin air, based on theft/debt.
Yes
The devil is in the details. If the Russiqn govt. can shut off someone or some company's acces, then it probably worse than the system we're in now. But this,is just speculation. Putin is fighting the NWO, so we'll just have to see what they come up with.
At this point, are ANY of them TRULY fighting the nwo/owo or is it a farce on us that they are, so we fight one another? Or is it just a bunch of infighting over who is going to sit at the HEAD of the tables within the nwo/owo and have control over the peasants?
This is possible - although I find it unlikely. There is opposition in all things. Just as there are evil players fighting a shadow war, there are good players fighting the shadow war. It’s hard to tell who is on what team - but the teams are there.
Yes and no. If the currency is Gold Backed. Then gold will be valuable to the average person, meaning you can effectively buy things with gold coins because converting them to digital should be very easy.
The point of digital is to eliminate the ability of people to transact in anything other than the beast's currency, which he can cut your access to in a heartbeat.
The point of digital is to eliminate the ability of people to transact in anything other than the beast's currency
Yes, but if you back it with something, that thing becomes valuable. Youre right, you cant buy things online with that, but you better think that anyone worth their bartering salt would still buy/sell with 'that thing' (gold)
You're better off trading with the thing that it is backed by, because the State can't shut off your access to something you physically hold like it can with a State issued crypto. Once they deactivate your wallet and you won't be able to redeem for the backing asset anymore.
Think harder, gold is already valuable to everyone, whether a state backs some cryptocurrency with it or not doesn't change that equation. And a gold backed cryptocurrency won't make it practical to transact in physical gold, because all the same reasons people don't do that now apply. That's also the same reason your local bank doesn't buy gold. What you might get with a gold backed crypto is more banks willing to sell you gold.
Nope, I remember Perth months ago was lying about the amount of silver it had while their products were all on limited stock. The Perth is government mint.
Just like the US mint suddenly stopped producing Silver eagles during the similar time frame and used that as a chance to draw a new design to justify not minting.
I'll stick with physical, in my hand. No one can hack the silver I have in my bag, nor freeze my physical silver. There is 100% ZERO security in invisible money that is held in 1s and 0s. You literally own nothing more than an idea..........
that was one of my predictions for what is going to happen HERE (in the united states). and it will involve GAMESTOP along with a blockchain based stock market. At the end of this mess, Gamestop may very well become one of the most valuable companies on the planet.
From your lips to Gods ears brother....! That is exactly what I am banking on and my exact vision for what GME is to become. I’m DRS through Computershare for all my GME and ready for this rocket 🚀 to lift off!!! 🦍 💎 🖐 🤚
If they ever had them to begin with. I’m sure you agreed somewhere in the fine print when opening the brokerage account to accept their current stock transfer methodologies/street whatever and you have no case. Yes, they need to represent the value in your account of said street stock (especially if it moons) but they don’t have and can never offer you a certificate that they do not possess.
Interesting. They mined 331 tonnes last year. If they made a concerted effort they could probably mine 4,000 tonnes over the next decade. This would be the equivalent to the reserves that Germany currently holds.
Doesn't matter if they can set the price of gold and break the paper-trading banksters on the CRIMEX. They can then set the price to something closer to what it should be in $USD ($100K+/oz). Effectively destroying the $USD$ fedbux fiat deception.
NESARA is a pipe dream. You absolutely CANNOT make everyone rich simultaneously. It's just not economically possible to do so without simultaneously hyperinflating the currency beyond repair causing everyone to become poor as a whiplash effect.
You have a scripted convo about nesara every thread. It's easy to remember it when you copy and paste the same scripted convo between you and likely one of your other accounts.
Strangley, the BRICS nations have established a bank that we can move over to. Gold back levels the playing field no matter the currency. Unbelievable.
This is the start… this will near term launch crypto higher, and long term launch gold, silver , and other precious metals to the moon. Buy em up while supplies last
Think about it... it is like musical chairs.. the first to switch back to gold backed currency gets the real gold cheapest, followers get it at a progressivly higher cost.. the last to switch back get left holding the paper gold etf shares that become worth nothing...
There is a proposition to replace SWIFT with Ripple. XRP is the only coin that doesn't need the internet to work. It has been long rumored XRP will be backed by gold, XLM by silver, XDC by copper, ALGO by palladium. ISO 20022 coins. I guess we will find out.
The Gold-back ruble will destroy the value of the fiat USD...so from 40,000ft. it looks like we will have to adopt whatever system the BRICS nations are going to roll out to survive
Lol yeah, I feel you. I get mine on Uphold and send it to my ledger.
It looks like a court decision will be coming up soon in the SEC - XRP case. The SEC is just extending time to delay the case...XRP is not a security. Almost all exchanges delisted XRP when the SEC filed the case.
Why should ANY digital currency concern you?
Well, because a digital currency would mean every single transaction you make can be monitored and recorded by the state.
The implications for the right to privacy are obvious, but privacy should be the least of your concerns.
Much of the research being done on digital currency now is making them PROGRAMMABLE.
Meaning either the Government issuing the money, or the Company paying it as wages, could put controls on how or where it is spent.
Digital currency could be programmed to ensure it is only spent on essentials, or goods which an employer or Government deems to be sensible, and not be used in “socially harmful” ways.
It doesn’t take much imagination to see just how this system could evolve and re-shape society into a truly digital dystopian nightmare.
Just a month ago, the government of Canada tracked down Freedom Protesters, and Donors ordering banks to freeze their assets.
Consider how much easier a programmable digital currency would have made that process.
Not only would it be easier to seize assets, but they could have stop donations to the “wrong” causes in the first place with digital currency programmed to "blacklist" certain causes, functions, charities, news organizations, companies etc. etc. etc....
Refused to vaccinate, or don’t publicly denounce the "boogie man" of the day, you could have sanctions placed on your bank accounts, and the ability to purchase anything but essential goods may be suspended due to the programmable nature of digital currency. (half ration and NO discretionary spending for you)
Governments are currently declaring financial war on private citizens who have not been charged, let alone convicted of any crime, just because of their political ideology. Is this a power they can be entrusted with?
Invest in the "wrong company", one that doesn't adhere to the social insanely of the day, the green new deal, social equality, transgenderism or whatever outrageously ridiculous "ism" they are peddling that day. Is this a power they can be entrusted with?
Think of the destructive nature to the markets with the mixed messages and misallocation of resources, ANY resemblance of free markets will be dead, Central Control and Command would be all that is left. Are governments really the best manager of assets? You may want to review the past, present, and soon to be future financial crisis because of their mismanagement, their incompetents, their greed. and their Apathy. Is this a power they can be entrusted with?
The possibilities are as ENDLESS as they are as TERRIFYING . Central Bank Digital Currencies are a death blow to the very idea of economic freedom and individual liberty.
It is impossible to overstate the important of this.
"Gold Backed Digital Currency",
"ARE DIGITAL CURRENCIES NONE THE LESS"
A CAGE made of golden bars is STILL A CAGE.
I'm all for the abolishment of the FED and the return to sound money. I personally think a bimetallic structure as originally envisioned should be the starting point to that prospect. A return to a Storehouse of Value, NOT a obligation of future debt as a fractional reserve fiat.
You’d think the WEF cadets would have war-gamed this...
nah, it’ll be fine
sadly technology expands in this direction. Consider the rise in car leases. Cell phone upgrade programs. Home rentals (due to more transient living styles, among other reasons of course)
Public transportation. Library cards (now virtual books and audio books)
Think streaming services. I bought my first music cd in like 10 years the other day (Tom Macdonald) and the only reason was because he was trying to cut out the music industry middle man.
Spotify, Netflix, etc are all based on the same principle: people are less willing to pay retail to own something and more willing to pay a smaller fee to have access to the same or similar experience.
The WEF wants to use technology to make an entire globalized technocracy that is more automated and efficient with the lowest possible cost to manufacture and distribute and charge every citizen a small fee to have access to these services.
It’s weird, yes, but a lot of people (including myself) used to think this model was a good thing.
Aka less waste, more reusability, etc.
Obviously this is a giant totalitarian scam. But it’s appealing to the younger wide eyed and naive people who believe their manipulation and lies.
Adobe's Creative Cloud comes to mind. You no longer 'own' a copy of Photoshop you lease it!
LOL I bought CS8 or whatever it was on ebay and used that permanent license for YEARS until it stopped working on my Mac (updated architecture). Oh well, bye bye Photoshop.
And hello, Bittorrent.
Thank you!! Rich people have assets, poor people have liabilities. Things are assets, fees are a liability. You pay for Netflix for a few years and cancel your subscription, what do you have to show for it then? Instead, patiently build up your own media library-one that will last when connectivity or other people's servers fail, one that will never have shows or movies you once enjoyed removed, one that doesn't subsidize evil, one that will never be censored, one that can not be stripped from you for wrongthink.
A lot of those ideas are good and inevitable in my opinion. It’s just when they are commandeered by these globalist scumbags that it can turn nefarious. To horrible degrees too. They’re trying to create a technoslave peasant class. But if the white hats can stop them, technology can be used for good rather than evil.
Indeed. The efficiency is beautiful. Maybe after Christ reigns on Earth, I'll lower my guard and take advantage of it.
This! I think as Christians we are all leery of ANY kind of “digital” currency no matter what it’s backed by, due to the system we know has to be in place in order to give rise to the Mark of the Beast. I’m not comfortable w/ completely doing away w/ physical cash that you can choose to have and exchange for goods and services if you so desire.
I have a debit card that I can basically use anywhere that I want to, but as of right now, I can also go and pull the amount I have in the bank and physically have it and use that in place of my debit card. I’m personally not comfortable w/ that type of “system” going away, even if it’s backed by all the precious metals and jewels in the world. But that’s just me. 🤷🏼♀️
It’s the only way to be sure.
I used to think that Jesus had to return in physical form when He returns. Now I realize that in order to truly worship God we must worship Him in Spirit and Truth.
I believe the Great Awakening is just that. We have allowed evil to take and stay in control. I am including myself in this statement. The Great Awakening will show us what evil really is and what happens when we do not stand against it.
As Q has said 99% would be in the hospital if they knew. We will all know that evil is real and the only protection against evil is walking with the Living God. We do not have to see Him to walk with Him. In fact seeking to "see" Him is in a sense idol worship.
Tiny homes and conversion vans are a good way to save money if you don't need "stuff."
My idea of a nice nomad home is a flying Yacht. It's 2022 where's the anti-gravity tech? We've got laser beams and holier-than-thou communist progressives, where's our sci-fi antigrav?
There is no gravity.
1957 Antigravity Report was released………….58?
Yep. Like cryptocurrency....
You forgot the "eating bugs" part. I can't wait until we put them in a special jail, where they can own nothing, be happy, and eat bugs.
Absolutely right. The hubris of those shitbags is just staggering, alongside how they refer to themselves as "elites". What kind of up yourself, pedophile do you have to be to call yourself an elite. They deserve to burn forever in fiery hell for that kind of vain self-importance - if nothing else.
Farts will never not be funny, and smelly ones are among the best.
Okay, back on track.
The guys at the top of the cabal are so inbred, you probably are not too far off with the ass gas thing.
“This is fine” 🔥
Digital currency was the WEF's idea. They're loving this.
PAXG is the first actually
This would be one backed by an entire country though.
National Currency... not just another coin/NFT.
Test what?
Exactly, and it won't be possible, at the very least not possible in the United States. People thinking it'll be possible to cash your crypto in and then get gold sent to you from Russia? Even if they actually send the gold, or try to, it'll be a financial institution within Russia and will be sanctioned by the United States, so that citizens can't do business with this Russian financial institution, and they will prevent gold shipments from landing in the United States. This crypto will be worthless, or even less than worthless when you try to exchange your crypto for gold and never get the gold.
Well... it doesn't exist yet. But considering you can use crypto as it stands now to buy precious metal... I don't see any reason why a CryptoRuble couldn't be used to purchase/exchange for physical gold in the future.
Most of my metals now were purchased purely from Crypto gains. Why would this be any different?
Dude Gold is on an amazing bull run. It's down a bit right now, but doin pretty darn well overall.
Silver has the capacity to go up several magnitudes more than gold. Indeed.
Wouldn’t it just be valued at the amount of gold it was pegged to?
Likely not, as it'll be sorta Stable since pegged on gold.
This is the problem with not holding physical metals. There’s no assurance that they’d be holding the gold to back all of these assets. In time it would begin to resemble the paper silver market here.
The same goes for Bitcoin. What's backing that? NADA (fools and $$ come to mind)
When the US was on the gold standard you could take a silver certificate into a bank and swap it straight up for physical silver. The gas analogy is terrible.
One of the main reasons gold was decoupled from fiat, was the gold purchasing tax. Once that was removed, buying gold=exchanging for gold. No, it doesn't need to be pegged.
What about Theta? Are you looking at that? Holding? I keep hearing Road to Roota talking about it, but can't figure out how to get some (in the US).
Would appreciate your thoughts? Also qq: of the ones you've listed, which are the "top 3" that you would recommend and why?
I personally hold a lot of THETA but it'd been a dog for me. I invest for the long term, tho, but.
No love for kinesis? My personal favorite project and the small divided it pays is a nice bonus
Crytop and a digital currency are two different things. Just as coins and token are different withing crypto, this is a similar split between digital fiat, and gold backed digital currencies. Yes, even if it uses a block chain.
Here is my understanding on the matter:
Updooted by people who recognize the value and differences of BOTH PM and CYC.
Downdooted by poor fools who only have cryptos (probably 100% Doge - kek)
Gold ends the Fed
Trust nothing that they can shut off your access to the moment you step out of line by daring to do something they don't approve of.
Yes The devil is in the details. If the Russiqn govt. can shut off someone or some company's acces, then it probably worse than the system we're in now. But this,is just speculation. Putin is fighting the NWO, so we'll just have to see what they come up with.
At this point, are ANY of them TRULY fighting the nwo/owo or is it a farce on us that they are, so we fight one another? Or is it just a bunch of infighting over who is going to sit at the HEAD of the tables within the nwo/owo and have control over the peasants?
This is possible - although I find it unlikely. There is opposition in all things. Just as there are evil players fighting a shadow war, there are good players fighting the shadow war. It’s hard to tell who is on what team - but the teams are there.
Yes and no. If the currency is Gold Backed. Then gold will be valuable to the average person, meaning you can effectively buy things with gold coins because converting them to digital should be very easy.
The point of digital is to eliminate the ability of people to transact in anything other than the beast's currency, which he can cut your access to in a heartbeat.
Yes, but if you back it with something, that thing becomes valuable. Youre right, you cant buy things online with that, but you better think that anyone worth their bartering salt would still buy/sell with 'that thing' (gold)
You're better off trading with the thing that it is backed by, because the State can't shut off your access to something you physically hold like it can with a State issued crypto. Once they deactivate your wallet and you won't be able to redeem for the backing asset anymore.
My point. Backing "state asset" with gold, makes gold valuable to everyone.
Thanks for the pointless thread.
Think harder, gold is already valuable to everyone, whether a state backs some cryptocurrency with it or not doesn't change that equation. And a gold backed cryptocurrency won't make it practical to transact in physical gold, because all the same reasons people don't do that now apply. That's also the same reason your local bank doesn't buy gold. What you might get with a gold backed crypto is more banks willing to sell you gold.
Youre retarted. Like serious
This ain't it. Digital only?! Same song and dance as Canada. Control control control
KEK 🐸
Thanks for the link!
Didnt the last few people that tried to :
didnt they all get viciously attacked and smashed ?
And here we have Russia managing to mix up all 3 at the same time.
Man, its getting interesting
Yeah, its like the bully beats up on:
... and so Chuck Norris comes along to meet the bully, wearing glasses, braces, fake freckles, and a "Please Kick Me" T-Shirt
I think the Bully is about to get hammered
Libya and Iraq did not have the world's largest nuclear arsenal.
Yep, and NONE of they were global superpowers. Good point! TPTB are shitting their collectiv-ist pants. kek
That was before Q came along and REKT half the Cabal assets. Patriots are in control now so it will be interesting indeed.
Oye!
Where can I buy me some of this?
u/#catdance
Nope, I remember Perth months ago was lying about the amount of silver it had while their products were all on limited stock. The Perth is government mint.
Just like the US mint suddenly stopped producing Silver eagles during the similar time frame and used that as a chance to draw a new design to justify not minting.
what exchange do you use to buy your crypto. would be first time user here
it's only gold backed if you can exchange it for gold
I'll stick with physical, in my hand. No one can hack the silver I have in my bag, nor freeze my physical silver. There is 100% ZERO security in invisible money that is held in 1s and 0s. You literally own nothing more than an idea..........
We need crypto currencies like we need computerized voting machines, or holes in our heads.
that was one of my predictions for what is going to happen HERE (in the united states). and it will involve GAMESTOP along with a blockchain based stock market. At the end of this mess, Gamestop may very well become one of the most valuable companies on the planet.
From your lips to Gods ears brother....! That is exactly what I am banking on and my exact vision for what GME is to become. I’m DRS through Computershare for all my GME and ready for this rocket 🚀 to lift off!!! 🦍 💎 🖐 🤚
i'm right there with you, i'm 90% DRS'ed. the other 10% is for the class action suit when my broker sells off my shares without my consent :)
If they ever had them to begin with. I’m sure you agreed somewhere in the fine print when opening the brokerage account to accept their current stock transfer methodologies/street whatever and you have no case. Yes, they need to represent the value in your account of said street stock (especially if it moons) but they don’t have and can never offer you a certificate that they do not possess.
There was a thread today where they announced they're doing that with some company. I don't understand the details.
How do WE know that Russia has enough gold to back both their Ruble and the crypto-ruble?
Let's see the gold!
If you have it in enough quantity, then bring out the gold so we can know you have the physical metal to back the currency.
Russia & China have been buying gold for years.
Russia can mine gold. https://www.spglobal.com/commodity-insights/en/market-insights/latest-news/metals/050621-russia-may-surpass-china-to-become-largest-gold-producer-this-decade-consultancy
Interesting. They mined 331 tonnes last year. If they made a concerted effort they could probably mine 4,000 tonnes over the next decade. This would be the equivalent to the reserves that Germany currently holds.
Are you going to drill through each bar to make sure it's not tungsten-filled?
And pretty sure Q said we have our gold back too
Doesn't matter if they can set the price of gold and break the paper-trading banksters on the CRIMEX. They can then set the price to something closer to what it should be in $USD ($100K+/oz). Effectively destroying the $USD$ fedbux fiat deception.
I would like to get the original video of this to confirm.
Is it going to be centralized? Probably.
Since it's gold-backed, doesn't it have to be to be synched up to the price/supply of gold?
It will be like the old US dollars redeemable for a certain physical amount of gold
It does, but it doesn’t necessarily have to be centralized for that to happen.
Yess
NESARA is a pipe dream. You absolutely CANNOT make everyone rich simultaneously. It's just not economically possible to do so without simultaneously hyperinflating the currency beyond repair causing everyone to become poor as a whiplash effect.
Do you two have this back and forth about nesara in every thread? Seems like it. Kinda sus.
Was this the same person as last time? Are you keeping track? Now THAT would be sus.
You have a scripted convo about nesara every thread. It's easy to remember it when you copy and paste the same scripted convo between you and likely one of your other accounts.
I have had 2 accounts since I first came to this place upon the migration from TDW. And I forgot the password to my previous one around June of 2021.
Why would I make multiple accounts and deliberately automate them via scripts just to criticize the concept of NESARA?
I know many conspiracies actually exist, but good lord some of you people aren't grounded in reality.
You yell me. You're the one doing it.
You got me.
That is an nwo/owo hoax
Im not planning to use government controlled money for much longer. But this sounds good.
Strangley, the BRICS nations have established a bank that we can move over to. Gold back levels the playing field no matter the currency. Unbelievable.
https://www.theatlantic.com/politics/archive/2014/02/john-mccain-back-seat-presidenting-ukraine-crisis/358333/
Looks like Charlie Ward's QFS project is playing out in Russia now.
Fuuuck that, i dont want nothing to do with digit scam money. Trading one fake currency for an even faker currency is not that answer.
Double Kill! 🤣
link ?
This is the start… this will near term launch crypto higher, and long term launch gold, silver , and other precious metals to the moon. Buy em up while supplies last
Think about it... it is like musical chairs.. the first to switch back to gold backed currency gets the real gold cheapest, followers get it at a progressivly higher cost.. the last to switch back get left holding the paper gold etf shares that become worth nothing...
How can we buy this new crypto? Asking for a friend ...
Crypto is a terrible idea for the world
Agreed, it’s just as dumb as paper, if not more.
Does that mean we could trade it on the crypto market?
Digital can be intimately tracked.
Are we going to be able to buy some of this new crypto ourselves?
They have been testing Ripple/XRP since 2018
There is a proposition to replace SWIFT with Ripple. XRP is the only coin that doesn't need the internet to work. It has been long rumored XRP will be backed by gold, XLM by silver, XDC by copper, ALGO by palladium. ISO 20022 coins. I guess we will find out.
The Gold-back ruble will destroy the value of the fiat USD...so from 40,000ft. it looks like we will have to adopt whatever system the BRICS nations are going to roll out to survive
I feel like if Gold is back as the standard, each country will have its own currency, bridged by XRP for cross border payments
How do I buy XRP outside of crypto exchanges like Coinbase? Don’t trust them just like I don’t trust stock brokers.
Lol yeah, I feel you. I get mine on Uphold and send it to my ledger.
It looks like a court decision will be coming up soon in the SEC - XRP case. The SEC is just extending time to delay the case...XRP is not a security. Almost all exchanges delisted XRP when the SEC filed the case.
Why should ANY digital currency concern you? Well, because a digital currency would mean every single transaction you make can be monitored and recorded by the state. The implications for the right to privacy are obvious, but privacy should be the least of your concerns. Much of the research being done on digital currency now is making them PROGRAMMABLE. Meaning either the Government issuing the money, or the Company paying it as wages, could put controls on how or where it is spent. Digital currency could be programmed to ensure it is only spent on essentials, or goods which an employer or Government deems to be sensible, and not be used in “socially harmful” ways. It doesn’t take much imagination to see just how this system could evolve and re-shape society into a truly digital dystopian nightmare. Just a month ago, the government of Canada tracked down Freedom Protesters, and Donors ordering banks to freeze their assets. Consider how much easier a programmable digital currency would have made that process. Not only would it be easier to seize assets, but they could have stop donations to the “wrong” causes in the first place with digital currency programmed to "blacklist" certain causes, functions, charities, news organizations, companies etc. etc. etc.... Refused to vaccinate, or don’t publicly denounce the "boogie man" of the day, you could have sanctions placed on your bank accounts, and the ability to purchase anything but essential goods may be suspended due to the programmable nature of digital currency. (half ration and NO discretionary spending for you) Governments are currently declaring financial war on private citizens who have not been charged, let alone convicted of any crime, just because of their political ideology. Is this a power they can be entrusted with? Invest in the "wrong company", one that doesn't adhere to the social insanely of the day, the green new deal, social equality, transgenderism or whatever outrageously ridiculous "ism" they are peddling that day. Is this a power they can be entrusted with? Think of the destructive nature to the markets with the mixed messages and misallocation of resources, ANY resemblance of free markets will be dead, Central Control and Command would be all that is left. Are governments really the best manager of assets? You may want to review the past, present, and soon to be future financial crisis because of their mismanagement, their incompetents, their greed. and their Apathy. Is this a power they can be entrusted with? The possibilities are as ENDLESS as they are as TERRIFYING . Central Bank Digital Currencies are a death blow to the very idea of economic freedom and individual liberty. It is impossible to overstate the important of this. "Gold Backed Digital Currency", "ARE DIGITAL CURRENCIES NONE THE LESS" A CAGE made of golden bars is STILL A CAGE. I'm all for the abolishment of the FED and the return to sound money. I personally think a bimetallic structure as originally envisioned should be the starting point to that prospect. A return to a Storehouse of Value, NOT a obligation of future debt as a fractional reserve fiat.
so which exchange do you buy from