But that is not the only thing you see. What you see is price manipulation. This is what was warned about when the unholy idea was floated to allow bitcoin options .... It should have stayed what it was .... just a medium of exchange.... then it' s growth and userbase would be much more tied to actual business and a perfect replacement to do business in.
But there is another consideration. Russia. Why? Because of the Ruble for oil scheme and behind it the operation of trying to create a commodity basket that would underpin a digital currency for cross border transaction in the Eurasia region. (Russia, China, Kazakhstan, India, etc)
And as a counter, I see Silver and Gold decreasing in fiat currency, while dollars and Euros are printed like crazy. So what would that do to the underpinning of a currency with gold in it? What does that do to the Oil/Gold/Yuan?
In essence, is a currency war going on? And are you watching its fall-out? I would not be surprised to see Crypto go to the levels of the start of the hype phase: bitcoin between 4 - 12000, Gold at 1400 - 1500 and Silver around 14-18.
Today, with the new asset-backed CBDC – Central Bank Digital Currency, this is no longer an issue. The new Quantum System traces the movement of money as many as 50 moves and possibly further. This is the end of “missing SWIFT wire transfers.” This is the end of scammers and cheats and thieves and the start of legitimate secure banking. Privacy ensured.
This will help you. I am not advocating this system. I am merely posing the question whether it has an influence?
If you are wondering what the fuzz is all about, goto swift.com and consider that this is a messaging service which messages can be altered on the fly. Most banks will deny that ... most current employees do not know how to. The salty dog bank employee though knows.
And this service, HQ-ed in Brussels is under US control. Money-Laundering ....
I do agree with your view in principle.
But that is not the only thing you see. What you see is price manipulation. This is what was warned about when the unholy idea was floated to allow bitcoin options .... It should have stayed what it was .... just a medium of exchange.... then it' s growth and userbase would be much more tied to actual business and a perfect replacement to do business in.
One has to ask: why does that happen, at this point? Maybe this? https://nicksintel.wordpress.com/2022/05/10/05-10-2022-the-launch-schedule-has-begun/
But there is another consideration. Russia. Why? Because of the Ruble for oil scheme and behind it the operation of trying to create a commodity basket that would underpin a digital currency for cross border transaction in the Eurasia region. (Russia, China, Kazakhstan, India, etc)
And as a counter, I see Silver and Gold decreasing in fiat currency, while dollars and Euros are printed like crazy. So what would that do to the underpinning of a currency with gold in it? What does that do to the Oil/Gold/Yuan?
In essence, is a currency war going on? And are you watching its fall-out? I would not be surprised to see Crypto go to the levels of the start of the hype phase: bitcoin between 4 - 12000, Gold at 1400 - 1500 and Silver around 14-18.
What did you mean by " Maybe this? https://nicksintel.wordpress.com/2022/05/10/05-10-2022-the-launch-schedule-has-begun/?" I read the article, but it might as well be written in another language to me. Can you please briefly summarize what it all means for my layman brain?
https://nicksintel.wordpress.com/2022/05/05/05-05-2022-the-deed-is-done/
Quote:
This will help you. I am not advocating this system. I am merely posing the question whether it has an influence?
If you are wondering what the fuzz is all about, goto swift.com and consider that this is a messaging service which messages can be altered on the fly. Most banks will deny that ... most current employees do not know how to. The salty dog bank employee though knows.
And this service, HQ-ed in Brussels is under US control. Money-Laundering ....
AHHHH, gotcha. Thanks so much! I'll check it out.