Right now, we exchange USD for crypto. What if the currency collapses? How would you buy? Can’t spend USDs… so what do you do? Gotta eat!
The only way it could work (a transition) is to allocate bitcoin to everyone… if you have it and we don’t! We need something to trade with … to exchange. Hey I’m not giving up my land or house for it! So what funds this transit? A fair estimate of global assets held by and controlled by… all the folks that met in Davos last week! Safe estimate that’s about 3-4 hundred trillion!!
They think they alone run the world (their own proclamation). No problem, Yea, we get that. But sorry, we’re taking it back to fund a much better model. We’ve now seen yours and it sucks. Seriously sucks!
Trump put the legal framework in place to seize it all before he left. So no worries about survival… there really is plenty for all to build a much better place than what these deranged folks ARE doing.
Precipice? Views aren’t bad at all. The criminal mind isn’t the architect nor the artist of the view on the other side. Excited yet?
What happens if there is a worldwide blackout?
there will be a new system when the lights come back on,
but not the Rothschild version.
If its digital than all of this is a psyop against us because a digital currency is the last thing we want. It would give them ultimate control over us.
That is not inherently true.
The way Bitcoin was supposed to be used, and still is by many, is taking ownership of your private keys to the wallet you create yourself. When done that way anonymity is 100% possible even with the permanent record of transactions in the Blockchain. The only way you get outed is by revealing what your wallet address is.
The current state of crypto is people have outsourced the creation of their wallets to a 3rd party, typically an exchange. When you hold your crypto in a wallet they made you don't actually own anything, it can be seized because you don't have the only copy of your private keys. Someone else does. So it isn't private at all.
A lot of people are going to get wrecked by outsourcing who holds their keys.
Billions have been stolen from hacked wallets. There is no inherent safety. And every transaction is tracked. If the traffic from a particular IP address is monitored, then every outgoing transaction from a wallet can be intercepted. The addresses associated with such transaction(s) can therefore be recorded and a link between a wallet and IP address can be established.
There is no safety or anonymity.
Yeah down with the banks! Wait youre charging me for every single crypto "banking" transaction? Lol how is that any better?
When the power goes down you have no money whatsover. It doesnt exist for that time period. Do you plan on giving the gas station attendant a crypto iou? How well do you think thats going to go over? Even worse, in a full shtf scenario a digital currency will be the least valuable thing in existence. Worse less than a bottle cap.
And i have no intention on trading my phony paper money for phony digital money.
Gold backed US dollar /endofdiscussion