EDIT: Thank you so much for your comments and questions everyone. There are so many people around me who don't get the magnitude of this situation. Seeing the number of you discussing this on here gives me spirit and strength! All it takes is for people to Question what is happening. Discuss it with your family and friends. Plan and act accordingly.
https://files.catbox.moe/le9u1j.mp4
WWG1WGA!
The Fed Is Getting Ready For The Next Crisis | Uneducated Economist
https://www.youtube.com/watch?v=deNbya8rpEg
https://files.catbox.moe/0urb6v.mp4
The Federal Reserve Will issue their CBDC with the introduction of FedNow expected to rollout the middle of 2023.
Technology, Innovation, and Financial Services By Governor Michelle W. Bowman
https://www.federalreserve.gov/newsevents/speech/bowman20220817a.htm
https://archive.ph/NrLay#selection-5023.444-5023.544
About the FedNowSM Service
You need to understand what CBDCs are and how they are different from crypto and decide which one you will allow.
CBDCs Vs. Cryptocurrencies: Side-by-Side Comparison!! | Coin Bureau
https://www.youtube.com/watch?v=Vb1Y760Sazc
https://files.catbox.moe/rryjup.mp4
This Is How They’ll Convince America to Adopt a CBDC | Heresy Financial
https://www.youtube.com/watch?v=EtNxyQMN76Y
https://files.catbox.moe/hxxmuj.mp4
Crypto Holders WATCH OUT!! THIS Is The Future THEY Want!! | Coin Bureau
https://www.youtube.com/watch?v=To5ek8F7zIQ
https://files.catbox.moe/zwgmb0.mp4
We're already awake to their CBDC bullshit. No one is going to go along with it.
I went to a bar the other day and talked to an idiot normie who thought CBDCs were a good thing to compete against China. PEOPLE ARE NOT AWAKE TO THIS YET. THE MESSAGE NEEDS TO SPREAD!
MOST PEOPLE ON THIS SITE DONT EVEN UNDERSTAND THE DIFFERENCE BETWEEN A CBDC AND CRYPTOCURRENCY
I am one of them.
Me too , I thought CBDC was a strain of CBD pot ! Damn I’m lacking all kinds of knowledge on this !
You are so funny. LOL
Glad I could make u smile / laugh , but seriously I’m lacking knowledge on this ..I’m not techi at all , this site was my first social media experience ! I remember hearing Catherine fitz speaking about this , but didn’t know the initials ...I’ve been reading the post ..this is not good !
If you don't know anything about crypto and you have some cash sitting around. I would only keep enough in the bank to pay bills.
I would recommend doing this:
You don't need to learn crypto right now because I think the banks will help in the future. Banks in Brazil and Guatemala and others in SA already doing that. Just make sure you do not accept CBDC. Go for other crypto. The most commonly accepted right now are Bitcoin, Etherum, Moreno.
I highly recommend checking out his video and asking any questions you have on cryptocurrencies and CBDC. There is far too much for me to type about on the subject and in order to understand, you need to ask questions what you don't know on the subject and talk about what causes you anxiety on the subject.
CBDCs Vs. Cryptocurrencies: Side-by-Side Comparison!! | Coin Bureau
https://www.youtube.com/watch?v=Vb1Y760Sazc
Me 2
Thank you sir for the summary. Everyday we learn.
And it's Government Controlled to a whole new level. Here are a few scenarios for how it's said to potentially work.
1.) Your employer doesn't want his/her staff coming in drunk or hungover so the employer can manually code into the salary that the wage is not to be spent on alcohol. When an employee tries to buy alcohol in a store the transaction is declined because the digital wage currency has the employer block enabled.
2.) You have eaten your allocation of meat for the month. You try to buy more and can't because your carbon allowance tied to CBCD has been reached. Denied.
3.) You didn't get your jabs so your spending power is restricted to certain stores and food groups. Also because of this, your immediate family has been deemed high risk and the same restrictions get applied to them despite the fact they took the jabs. This is a control/pressure technique done through technical financial restraint.
Context: https://archive.ph/L6ryd
Seems biblical if they control who can buy and sell. Maybe you didn't go to worship so they cut you off for a week. Maybe you worshipped Jehovah on the Sabbath so no Gasoline for you.
That’s right.
This is enormity in its' fullest display, and totally communism. We don't need control over us, we need political people looking out for Americans and America. We basically have a uni-party because of greed and corruption. This has to stop and the sooner the better. It will, and for me is, be hard to trust anyone in a "leadership" position. These people aren't leaders they are wealth seekers and evil.
What’s your quick opinion on etherium and their spin offs? Particularly loopring (LRC)?
This is the part that non-tech people cannot wrap their heads around.
Money, like gold, silver, even currency, they KNOW nobody can touch or take away. Electronic signals, not so much.
And for those reasons, and more, I don't trust ANY digital currency (other than my digital online purchases and bank payments done now :) ) (not to confuse anyone; I'm not saying that when you do online purchases and other things involving credit cards or bank transaction, that it's the same as using cryptocurrency or true digital currency)
Both of them scary. I do not want them even if cryptocurrency is less coThank you for educated us. God bless you.
Well, with this as Verified.....
IT'S TIME TO START HOARDING COINAGE......
Fed Res Notes are Private Property of the OWNERS of the Fed Res, those OWNERS are Rothschilds Morgans, Rockefellers, Reynolds, Du Pont, etc, it's IN the Book titles the Beast from Jeckyll Island.....
Coins, ALL Coins, are Public Property, OWNED by The Holder OF the coins, not the Fed Res, and NOT the U.S. Govt.....
Are you talking about coins like half dollars , quarters , dimes and nickels ? I ask because I have 15, 000.00 dollars in rolled coins in my safe ..God knows why , but 8 months ago I went to the bank and ordered cases of coins , I did it 3 times 5 k each trip . I threw in my safe with my silver ! It’s just sitting there, I figured my kids could use them someday ! Anyway I was just wondering , I’m reading the comments because I don’t know what CBDC is ! TY
Yes, that is exactly what I'm referring to....
When the Fed Res begins to kill off Their Paper Dollars, we will still have Our Coins, and they are Not Allowed to take those away because it is Public Money under the Constitution.....
The Coins fall directly under the U.S. Mint, under Congressional Duties, hence are Public Money.....
Hoard the Silver like a Miser, but the other stuff made from Junk Metals can be used for daily spending......
Omg , I can't believe this .. I was wondering why I had the urgency to buy rolled coins. I started with half dollars I bought 3000 dollars worth and 2000 in dollar coins , the gold presidents coins, Susan b Anthony and some Indian girl , I didn't even know they had president dollar coins or the Indian girl , all I knew was Susan B Anthony , I actually went through all the half dollars and believe it or not I found 5 real silvers. I actually washed the half's and dollar coins, (my God coins are filthy) and packed them away .. I then went back to the bank again and bought $5000 in quarters dimes nickels and pennies then I went back again and bought another $5000 in dollar coins and half dollars It takes a week for the bank to order them ! After hearing this , I think I'll go back and buy more lol thank you so much for telling me . So they will get rid of the dollars but they can't take away our coins ,, this is incredible ,, my son and daughter were laughing at me , cases of coins are heavy, the bank gave me a cart to wheel them out , my safe is packed , but there is more room , so I'm going to buy more lol thank you again
The NAME of our Money is ""EAGLES"", not "dollars".....
To make an EAGLE, we use a Measurement called "dollar",(Coinage Act of 1792), which is based upon a foreign currency from some odd nation whose name starts with the letter "B".....
It's a fun and interesting study, finding the truth, kicking out the Blatant Lies, and getting to know our Real American Monies......
Eagles.....
Half Eagles...
Quarter Eagles.....
Dismes..... (Sames as dimes)
Half Dismes....(5 cent pieces, not Nickles)
And Pennies....
Also Double Eagles, and Golden Eagles.....
Then comes the Paper UNITED STATES NOTES, issued by Lincoln and later by JFK......
Then comes the Confederate Notes, which are still Just as Valid as Lincolns ""Green Backs"", even though very Rare, and poo-poo'd by the Jew Fed Res Banking Corporation....
I wonder if this is why coins are getting hard to get ,,, I was at the airport a couple weeks ago in Colorado catching a plane back to San Diego and I went to one gift shop to buy nuts or something and the bill was like 604 and she told me she didn't have any change so she was going to keep my $.96 and some woman turned around and said I'll give you the four cents , I couldn't believe it .
I don't think it's all that nefarious, but things are moving in that specific direction....
If the clowns at FB hadn't killed my original Account, I'd link my paper on this subject, as it had a good 99% of all the data needed to prove we don't need the Federal Reserve at all, much less their Pretaxed Notes, and can Economize just fine without them, and provably much better.....
But yes, we should all have a small Nest Egg of Coinage for Future Currency and Money Problems created by the Feds....
A CBDC is basically tokenized fiat that exists on an XRP Ledger side chain (Ripple has something called the "CBDC Private Ledger"... basically it's a clone of XRPL that connects to the real and open XRPL but has different rules, permissions, and programmability) -- or the Stellar networks (such as how USDC runs on Stellar -- USDC itself may even become the USA "CBDC"... think "private-public partnership") -- or something like Algorand.
In any case, if you want to avoid whatever limitations USA digital money might have in the future, just hold XRP now and hang onto it until you see how this plays out.
The XRPL is not built to enslave you, and neither will it be permitted to. What certain nations or entities decide to build on top of it is perhaps another story. But you can always hold a stake in the open, public, permissionless XRPL.
And by "always" I mean, you can do it now, knowing what you hold, and be so wealthy when they flip the switch on the new system that you're not going to be worrying about the bullshit they push on the masses.
The "Patriot Act" is not built to enslave you, and neither will it be permitted to.
The "Obama Care" is not built to enslave you, and neither will it be permitted to.
The "Income Tax" is not built to enslave you, and neither will it be permitted to.
The "Central Bank" is not built to enslave you, and neither will it be permitted to.
The "Government" is not built to enslave you, and neither will it be permitted to.
Shall I go on?
hushhh, I'm still trying to pack my bags lol. And yeah, the system is coming whether people want it or not. If conservatives got their heads screwed on straight then WE could be the ones to profit from it and in turn make a huge difference. People don't understand....the price will never come down...
I've been holding for a while. It's already tanked more than half of what I bought it for, so I'm pretty committed to it now. It probably will moon, but they'll also require their mark of the beast WO2020060606 chip to use it, so it will ultimately end up worthless to me.
With you talking about just buy/sell on places people are saying on here like Atomic or Exodus. Do your own research though and go noncustodial and decentralized solutions when possible.
DEXs won't stop you from buying/selling XRP
Trading XRP has been suspended since 2021.
The government can't stop DEXs from conducting trades, there's no one for them to arrest. They can only stop centralized exchanges like Coinbase.
Uphold or swap on atomic or exodus wallets
Lots of ways to buy
This is interesting, so they will likely be competing to be the CBDC.
Algorand is developed by MIT engineers and funded by the government. Also another contender for running the CBDCs.
How do I know this? What is the governance system for new protocol changes to be made on XRP? Is it all centralized by Ripple or is there a process for regular users to put forward proposals?
Special on ISO 20020/ISO 20022
https://files.catbox.moe/ij26eq.png
https://files.catbox.moe/5tb90u.jpg
https://files.catbox.moe/7ps11g.jpg
INATBA is the International Association of Trusted Blockchain Applications and Cardano Foundation is a founding member, along with Ripple XRP, IOTA, Stellar XLM, Algorand INATBA brings together companies, governments, and regulators of the Blockchain Technology industry.
https://inatba.org/
Take a look at ISO 20020 & 20022 as well.
8ISO 20022 is a multi part International Standard prepared by ISO Technical Committee TC68 Financial Services. It describes a common platform for the development of messages*
https://www.iso20022.org/
Deutsche Bank - On November 22, 2022, the Eurosystem, EBA Clearing, and SWIFT will all migrate to the new, global payment messaging standard ISO 20022. With less than seven months to go, flow explores the challenges so far – and those that still lie ahead for the industry
https://flow.db.com/cash-management/ISO-20022-Changes-on-the-final-stretch
Will it impact cryptocurrencies that are linked to cross-border payments like XRP & XLM or Will it have an impact when CHAPS, CHIPS & FedWire go live in 2023 or when the migration is fully completed by November 2025?
ISO 20022 For Dummies
https://www.goodreads.com/book/show/15736605-iso-20020-for-dummies
The common standards platform for the financial industry.
ISO 20022 brings profound benefits to the financial services industry, as it realises end- to- end processing across domains and geographies that currently use vastly different standards and information formats. In this book you will learn the key ideas behind ISO 20022, and what makes it different from other financial standards.
ISO 20020 for Dummies Custom.pdf
https://files.catbox.moe/mgibli.pdf
(May 21, 2020) Ripple attacks SWIFT for renewed delay of ISO 20020
https://www.crypto-news-flash.com/ripple-attacks-swift-for-renewed-delay-of-iso-20020/
(Jul 24, 2002)
ISO/WD 20020
20.98 Project deleted
https://genorma.com/en/project/show/iso:proj:35266
u/#q2619 Trust the Plan.
God I hope we return to sound currency. The level of criminality, misery & wealth stolen by Canaanite International banking death cult cartel is astounding.
Yeah but that dont say anything about how we will buy and trade off that gold backed currency. Very well could be gold backed digital.
You can't trust a bank or institution to hold on to your gold. Therein lies the problem.
You could have precious metal coinage but no banks
You could have a gold-based crypto stablecoin but if it is backed up by an institution holding the gold, you have to trust that institution to not lie and take everything for themselves... Not impossible, there may be some system we come up with a DAO but it's very unclear right now.
"If you don't hold it, you don't own it"
Just say no to counterparty risk, kids!
Exactly. Non-custodial is always the way to go (meaning an institiution can't take custody of your assets).
So when do we find out this whole show is going to roll so slow that we'll have CBDC (2023) and social credit scoring (2024) until Trump actually gets voted into office in 2028 and brings back paper money?
(Aug-21-2022) 41% of COMEX gold vanishes overnight
https://www.investmentwatchblog.com/41-of-comex-gold-vanishes-overnight/
(Aug-17-2022) Comex Inventories Plummet - Is A 'Vault-Run' Underway? https://seekingalpha.com/article/4535043-comex-inventories-plummet-is-a-vault-run-underway
https://nitter.it/KATAL80703734/status/1561290344763129857
(Discussion) (Aug-19-2022) You have been reading about gold leaving the comex vault, but is it really significant? Yep, the Comex has a gold kilo vault and yesterday (Friday Aug-19-2022) 41% of their gold said bye bye and left.
https://teddit.net/r/Wallstreetsilver/comments/wt6llu/you_have_been_reading_about_gold_leaving_the/
(Aug-22-2022) Comex registered silver falls below 55 million oz mark as 680,000 oz depart registered and 540,000 oz are OUT OF THE VAULT.
https://www.teddit.net/r/Wallstreetsilver/comments/wv39db/comex_registered_silver_falls_below_55_million_oz/
(Aug-19-2022) The comex vault drain continues with 2.1 tonnes of gold out of registered and 2.3 tonnes OUT OF THE VAULT. Silver sees 730,000 oz moved OUT OF THE VAULT.
https://www.teddit.net/r/Wallstreetsilver/comments/wsnvcx/the_comex_vault_drain_continues_with_21_tonnes_of/
So where is it going? It's impossible to just up and vanish. If COMEX doesn't know where the fuck their gold is going, then we have bigger problems. Furthermore, WHY it is happening is another issue.
A lot of people speculating its a gold run. It's suspected many smaller holders that keep their gold on COMEX are all taking it out and the COMEX has been fudging the numbers for awhile... 41% taken out in a single day is crazy, not sure if it's reported to COMEX advantage or they were backed into a corner.
I had always heard that there wasn't enough gold held by Federal reserve to cover the U.S. dollars they print/have printed/digitally create, etc. I just did a quick look, and they appear to have well more than enough. If you go by current world price of gold at ~$1600/ounce, there is 261,498,926 ounces of gold held by Fed, totalling ~420 trillion dollars. The total Fed reserve dollar currency in circulation, held in banks, etc., is ~2.2 trillion dollars. At the fixed price of ~$42/ounce, the total value of Fed gold is ~10.9 trillion dollars. Based on this look, the Fed has had more than enough gold to cover the currency all along, and up until recently, was a ridiculously large amount of gold relative to value of currency. You can view the numbers here: https://www.fiscal.treasury.gov/reports-statements/gold-report/21-02.html https://www.federalreserve.gov/data/intlsumm/current.htm
Can we trust them to tell the truth though? Who is auditing the Fed?
And he who doesn't have the gold can take it by force. Its not that easy to hide gold in an apartment or suburban neoghborhood home near a city.
A safe is a dead giveaway.
Gold backed new dollar bills minus the Satanic symbols will suffice. Anything else i.e. virtual, can be manipulated to our slavery and their control.
Vampires will never quit sucking the life out of you unless you pull out that silver and gold cross and pound that stake through their hearts. Interesting double meaning isn't it?
Lest we forget.
Yes.
Gold shall destroy FED.
Q
My local convenient store is already selling CBDs...
Agree.
This is the final battle. This makes covid look like a pillow fight. This is social credit score, ESG, and total surveillance in one neat shut up forever package.
Give me Liberty or give me death and Declaration of Independence time.
Unified action will be needed, not only by USA but also by humanity. The good thing is that BRICs is in play. While I trust CCP to only act as oppressors, they ostensibly oppose the Globalist and USA CBDC. Russia may be the shining light when they try to bring down the CBDC curtain on us. Russia has endured being ostracized by the Globalist community and is doing fine.
If they go through with this, starting Dec. 13, 2022 from what the EO says, I expect some States to openly oppose it. Currency should be only a way to exchange goods and services. United States will find a way to accomplish this goal without CBDC. We'll see what happens.
"The storm has lowered dark upon us, but I really think the prospect rather brightens and that there is reason to hope our united efforts... will extricate us from the hand of the oppressor." Mercy Otis Warren December 29, 1773. From "Defiance of the Patriots" by Benjamin Carp
92,600 lbs of tea were thrown into Boston harbor on Dec. 16.
Whether or not a CBDC happens is really up for debate right now in the USA. Within the Fed and politicians there's a lot of dissent on that. Just because Maxine Waters wants one doesn't mean it will happen like that.
There's a big movement for privacy of digital money and for USA to be the "anti-China" when it comes to their Digital Yuan.
Either way, and it doesn't matter, because instant payments and instant domestic and cross border settlement is happening. XRP Ledger is already set to be the global convertible currency that all nations can use to exchange anything with. Ripple will be bigger than Google or Amazon.
I'm telling you guys this because after all the bullshit we've been through, we deserve to be the new 1% if we're wise enough to be proactive about what's happening.
Federal Reserve has already announced they are making a CBDC and they plan to ship it out by middle of 2023 as you can see in OP
https://archive.ph/NrLay#selection-5023.444-5023.544
Also here is Fed Chair Jerome Powell talking about the Federal Reserves main push to bring in CBDCs
Federal Reserve Chair Powell_ Rapid changes are taking place in the global monetary system that may affect the international role of the dollar..mp4
https://files.catbox.moe/s8u5ki.mp4
This Is How They’ll Convince America to Adopt a CBDC | Heresy Financial
https://www.youtube.com/watch?v=EtNxyQMN76Y
SYNOPSIS: As someone in charge of monetary policy, this is how I'd convince people of CBDCs:
Print a lot of money. You want really good times in peoples recent memories
Suddenly stop printing money. Bring down govt spending, balance budget, make deficit collapse, breach govt surplus, stop monetizing govt debt.All the govts debt that is rolling over is sucking money out of the economy.
Allow a massive crash to happen in cryptocurrencies. Many people conflate cryptocurrencies with Central Bank Digital Currencies. During the bubble phase 1., I'd want people putting their money in a lot of different cryptocurrencies, feel like they're getting rich, and have it all collapse hard. I have no regulation on it yet and I want maximum pain before I start regulating it and come in as the "savior", blaming capitalism and the " free market".
I want a lot of scams and ponzis. The hard thing to do being in control is wait for the point of maximum pain. If I was in control and wanted to roll out a CBDC, I would continue to put in policies that raise energy costs through the roof and policies that make goods and services go through the roof. I would make sure we see riots, civil unrest, looting. I know from history that's the point things would get better on their own.
The collapse is the natural thing that happens after a boom caused by monetary expansion but I'll say "this is the point we step in and bring a savior to the system". I'll say " we are experiencing these problems because of the lack of control we had over that intervention".
"We printed trillions of dollars but we couldn't precisely control how they infiltrated the economy. We gave dollars but we couldn't stop people people from hoarding clothes, gas, and food and now theres shortages for everyday American because of those evil hoarders out there". "We are seeing problems not because of the money printing, not because of intervening in the economy, but because of the lack of intervention. We need more CONTROL."
The Federal Reserve is the biggest employer of economic PhDs in the world. "We're smarter than you and we know what we're doing."
"We also need to make sure that you can't cause bubbles with this Universal Basic Income, you go out and buy speculative assets like cryptocurrency or stocks. It won't transfer to a brokerage wallet, it'll stay within the FED WALLET and you can only spend it at approved businesses." No longer will we have shortages because nobody can buy too much, it'll be a "uToPiA". CeNtRaL pLaNnInG aLWaYs wOrKs.
Timecodes
The fact that people confuse crypto & CBDCs is CORE to the upcoming smoke and mirrors game—and the singlemost important piece of knowledge anyone needs to learn—or teach others—in next several months.
Lesson 1 for newbie investors:
Gold and silver—yes
Crypto—maybe (learn more first)
CBDC—NEVER
You are making FedNOW and CBDC the same thing, they aren't. FedNOW is an instant payment program, like SWIFT, and CBDC is the currency which they are just reviewing and haven't decided anything on yet.
It's very difficult to buy XRP. I tried a few avenues and couldn't do it.
USA? Uphold. Or you can buy it or trade to it from within wallets like Atomic / Exodus etc.
I'll look at uphold.
BitYard has treated me well. ..hypothetically of course. Hold offline on a Ledger or other offline wallet. When the global crash happens then exchanges will NOT give you your crypto as there will be no liquidity and you'll be out of luck.
Pretty sure this is the first time in history that people were excited for the market to crash.
Well for me, if it's the only way to make things better in the long run I'm all for it. Make things better for all Americans and rest of the world!
only for the middle and lower class because the wealthy class love when things crash. They are the only ones that buy the blood in the streets.
ya thats why I said people and not Lizards
LOL thank you for the clarification.
Fuck the fed and nobody is going for this. This will be a bigger disaster than the Susan B Anthony coin or that Indian Woman coin.
Warren's sister, I believe....
Shitting Bull
You guys are too funny. But not as funny as Trump with his endorsements of AOC and Nadler.
End the Fed (and IRS and other douschey alphabets)
Return to Gold Standard.
Many anons feel this is part of the Plan, if not its foundation, to return power to the people WW
Post-[swamp] draining of course.
Developed by Ripple partner Accenture. Invest accordingly. All the money flows through XRP Ledger.
So now XRP is bad?
Says who? I didn't accept OP's premise. XRP Ledger is open for anyone to use and develop on. It's the fastest major crypto, cheapest major crypto in terms of fees, built in DEX, side chains exist where CBDCs are built that can have their own set of rules and permissions, native NFT support is about to go live, Flare is about to go live (if you don't know what that is, learn now).
XRP is the best tech of all the majors. Yes the WEF IMF BIS ECB FED etc know this and already have tested the heck out of it in preparation for it to be a global convertible bridge currency.
It's a sleeping giant right now. When this thing wakes up (soon) it will make 2017/18 legendary XRP bull run look like piddly-squat.
No, I don't think it's bad at all. I think it might just save us from WW3 and a prolonged economic depression. Those who get left behind missing the biggest transfer of wealth in generations might resent it a little, though. That includes haters and BTC maxis.
So you showed Ripple partner Accenture is developing the CBDC.
How would XRP save us from WW3?
What is the tech that makes XRP better than competing cryptocurrencies?
Are there plans to make smart contracts on XRP?
How does governance and protocol upgrades work on XRP?
XRP is obviously better due to being a micro-fraction of the cost of other blockchains in fees, 3-5 second settlement time, and zero downtime, hacks or issues at all in over 10 years.
It's also better because it's not controlled by whales or miners. This is important for actual banks, nations and institutions. They want to know & trust who runs it. At the same time, enemy countries and competitor banks can run nodes and they don't have to trust each other. In real terms, it's among the most decentralized networks among major layer 1's. Much moreso than BTC, ETH and almost all POW/POS blockchains that are largely centralized in the hands of miners and whales.
Smart contracts... "Hooks" is already a feature of XRPL. Flare is about to take that to the next level. Also there are XRPL side chains... that can have EVM capability (for example) without bogging down the main Ledger.
Governance is by majority vote on the consensus nodes. Usually when Ripple proposes an upgrade, it passes. Although, for example right now they are working to add more robust NFT support to the Ledger. This was proposed by Ripple but they still don't have enough votes to pass it. It will likely pass soon, but anyway, that's how that works.
As for WW3... use your imagination. What has the narrative been about Russia and BRICS using blockchain to "evade sanctions" or create an alternative to the USD as a global reserve currency? Do you know how many nations are on board with Ripple and XRP right now? Do they even actually have another realistic option?
I'm really just showing you the tip of the iceberg here. You'll watch this play out in real time. One by one they'll fall (not all) and by then you'll have missed out.
Yes Cardano is similar on this but includes smart contracts. Blocks currently are introduced to the blockchain every 20 seconds but the new Vasil upgrade brings many scaling improvements and a further scaling upgrade in October/November will bring block propagation and settlement time even lower. Pipelining allow a 6x faster block propogation and input endorsers allows blocks to be processed on to the blockchain at 1 sec time intervals or lower. Hydra state channels (IOHK) and zk rollups (Orbis) will also allow massive scaling on the ecosystem.
I have never heard of this. What programming language are XRP smart contracts? EDIT FOUND THE ANSWER, ITS C LANGUAGE
https://github.com/XRPL-Labs/xrpld-hooks/tree/hooks-ssvm/hook-api-examples
What businesses/dexs/defi/dapps have been made on XRP or in the process of? EDIT IT LOOKS LIKE THIS IS STILL A PROPOSAL??
https://xrpl-hooks.readme.io/docs
Who can propose changes to the XRP protocol? Is it only Ripple? Why is the NFT support not passing?
Is there a DAO treasury on XRP like Project Catalyst on Cardano that allows startups and small businesses to be funded and created by community vote? If not is there any plans for this?
EDIT: Link to Project Catalyst info
https://developers.cardano.org/docs/governance/project-catalyst/
Bitcoin with lightning network could be an option as well as Cardano. Ethereum I think is just not secure enough, their POS is terribly tyrannical with slashing, they've taken 6 years to develop POS on Ethereum. Their programming language for smart contracts is always vulnerable to hacks based on the number of doors always open or having to be monitored/updated.
Russia/Eastern Europe developers are working on Ergo, it's like a spiritual successor to Bitcoin having PoW with smart contracts, low fees, fairly good processing time. They have several scaling upgrades in the works like NIPoPoWs. They've got DEXs and DeFi getting started on there too. They have their own oracle which in several ways is more advanced than Chainlink. They have the first decentralized mixer I've ever seen, everyone who uses it is also running a node of the mixer. They are working on anonymous DIDs. They have devleloper updates every week for 20+ projects being worked on... Highly recommend to look into as well...
https://youtu.be/OOWEV4gfnrA
EDIT: This looks interesting
(Oct-2021) XRP Ledger payments could go offline with new Proof of Payments protocol
https://ambcrypto.com/xrp-ledger-payments-could-go-offline-with-new-proof-of-payments-protocol/
Came to say this. Ethereum + Layer2 (i.e. zkRollup like LoopRing) can do all of this as well.... and isn't being backed by Big Central Banks/Federal Reserve....
Fuck Central Bankers. I don't want anything to do with anything they are pushing. Central Banking and the ones that utilized it to exploit humanity for the past hundreds of years can get fucked.
I agree! Central Banking is the worst and must go down!
I personally have had several problems with Ethereum. Last year I lost $300 in failed transaction fees on Ethereum trying to get in on a new project launch day of.
I also don't like slashing in ETH 2.0 staking, that is a hell hole nightmare. In Cardano, staking is non-custodial, your ADA just acts as votes for a stake pool to be picked to process transactions and are never at risk. On Ethereum you must have 32 ETH to stake to a stake pool or if you have less than that you must stake to LIDO pool. If LIDO makes a mistake with their stake pool, your funds are slashed and taken away from you.
Stake pools on ETH 2.0 have already been hacked last summer and millions of $ were lost. Many reddit mods are ETH maxis and will censor or downplay these news stories.
Stake pools on Ethereum already have a Minimum Attack Vector of 3 with the top 3 stake pools (Lido, Coinbase, and Kraken) taking up over 50% of the ETH staked. If they teamed together, this ruins a proof of stake blockchain because unlike Proof of Work, the 51% attack comes from amount staked on the network. LIDO, Coinbase, and Kraken teaming up together can alter the Ethereum blockchain on ETH 2.0
DApps running on Solidity have too many bugs and too many hacks happening in the Ethereum sphere. Ethereum should be focusing on standards and certifications for safety levels of DApps but they have not done this even after the Ethereum hard fork in 2016 from Ethereum Classic hack. Why? Every couple weeks there is a bug involving Ethereum and its programming language Solidity.
Their blockchain is bloated, they do not have any good solutions put forth on their roadmap to deal with this. SPOs will just have to keep buying more for their servers to keep up with Ethereum use.
Bitcoin UTXO and Cardano EUTXO are much better than Ethereum Account model for transactions. Using the whole blockchain as a global variable in every transaction leads to the failed transactions I mentioned above.
Do you have any sources showing FedNow was developed by Accenture?
https://www.ledgerinsights.com/us-central-bank-digital-currency-accenture-cbdc-ex-cftc-chair-digital-dollar/
I wish I had a "better" source at the moment but you'll have to dig a little to find out these things.
SWIFT is plugging in to RippleNet as well. The Clearing House is a partner. DTCC just 2 days ago announced they're going live with R3 (whose Corda Settler utilizes XRP... for a multi quadrillion $ market).
Thank you sir, this is excellent info.
https://archive.ph/S6BhT
I consider myself a Cardano fan (Non-custodial proof-of-stake where you don't give ownership of your funds for staking, no slashing stakers) . From everything I've seen with its design, it's a much better alternative to Ethereum (which is custodial and slashes your stake, taking away your funds if the stake pool operator makes a mistake) and other smart contract platforms.
Ripple (which develops XRP) partner Accenture working on FedNow and other CBDCs makes me very uneasy. I associate CBDCs as evil and anyone helping build them as evil as well.
I think the best tech will win but I have yet to see what tech makes XRP better other than having former Ripple employees in the government and possibly having more government intervention on their side. XRP will for sure win their case aaginst the SEC, they are by no means a security.
I like Cardano as well. Bought a bunch at 5 cents and sold around a buck. Could have done better, and maybe I should have held it long term, but I'm basically XRP - XLM - Flare - SGB these days.
Cardano will be one of the long term survivors though, I'm sure. It's also a "WEF coin".
By "WEF coin" what exactly do you mean? Do you know any others or another word for this "WEF coin"?
I have seen Hoskinson talk about the WEF in the past and this year said he didn't go because he wasn't onboard the whole WEF snobbishness and idea of controlling everyone.
I found this when searching WEF coin, it popped up with that ICP coin
https://www.reddit.com/r/noagenda/comments/njo1qz/welcome_to_wef_coin_the_davos_wet_dream_shitcoin/
About a year ago people starting sharing a list from one of their documents. As far as I recall it had
XRP
Cardano
Solana
Stellar
Algorand
Celo
Here's a screen shot of the page
https://pbs.twimg.com/media/E32QBqJWQAAsqk8?format=jpg&name=4096x4096
There's also this
https://www.weforum.org/organizations/ripple
https://www.weforum.org/people/brad-garlinghouse
Have never heard of Celo and I don't expect Solana to last much longer, its just meant to pay wall street with all the controlled downtimes and centralized servers for payment consensus.
I think XRP, Algorand, Cardano, and Stellar are contenders from this list.
Thanks for the info!
Archive of WEF Coin screenshot
https://archive.ph/WpTX5
Archive of WEF - Ripple web page
https://archive.ph/cmycQ
Archive of WEF - Brad Garlinghouse web page
https://archive.ph/PlvRv
Do you have any main places you go where you get XRP news? I usually look at reddit but XRP is not as active of a subreddit.
If you use Twitter do you know any good users to follow?
I'm not on Twitter but I follow a bunch of Youtubers who've kept me in the loop over the last several years.
believe me, XRP community has more conspiracy theories going on than Q, etc
The difference I've found is that our shit keeps coming true and is bigger than we even imagined a few years ago. Super bullish on this.
Jungle Inc
Mickey B Fresh
Minus Wells
Darren Moore Jr
King Solomon
Crypto Eri
Digital Asset Investor
Digital Perspectives
ExtraVOD (for conspiracy stuff, Mr Pool posts, etc)
Working Money Channel
a few of my favorites there... these are all YouTubes who are also on Twitter
Thank you sir! Your information is very valuable, I appreciate it!
Here's a fun one.
Know who Rosie Rios is?
Look in your pocket, you've got her signature if you have a $1, $5, $20 etc bill on you.
Now she's a Ripple board member. In her words "the train has already left the station".
One of so many.
Could name any Youtubers to look at? I have to say it's been difficult for me to find good XRP news.
Zach Rector, Digital Asset Investor, Tees Crypto Spot, Digital Perspectives, Working Money Channel, Mickle Markets, King Solomon. not any any particular order. All youtubers.
Thank you sir! I'll add these to my list to watch.
see below
Test this out on the federal government first. Lets track where all the money goes.
BEA-UTIFUL idea!
Essentially the Fed is realizing they can just as easily manipulate their own crypto, as compared to manipulating hard currency.
Same old same old.
A CBDC IS NOT A CRYPTOCURRENCY THEY ARE DIFFERENT!!! Learn the differences.
A CBDC:
CBDCs Vs. Cryptocurrencies: Side-by-Side Comparison!! | Coin Bureau
https://www.youtube.com/watch?v=Vb1Y760Sazc
This is the most important thread on any win sites today.
Thank you! I think so too but I'm biased 😉
In the essence of the great Bender I'm gonna start my own currency, with blackjack and hookers.
THIS is why they will need armed IRS agents.
So what you’re saying is get some gold while you still can?
(Aug-21-2022) 41% of COMEX gold vanishes overnight
https://www.investmentwatchblog.com/41-of-comex-gold-vanishes-overnight/
(Aug-17-2022) Comex Inventories Plummet - Is A 'Vault-Run' Underway? https://seekingalpha.com/article/4535043-comex-inventories-plummet-is-a-vault-run-underway
https://nitter.it/KATAL80703734/status/1561290344763129857
(Discussion) (Aug-19-2022) You have been reading about gold leaving the comex vault, but is it really significant? Yep, the Comex has a gold kilo vault and yesterday (Friday Aug-19-2022) 41% of their gold said bye bye and left.
https://teddit.net/r/Wallstreetsilver/comments/wt6llu/you_have_been_reading_about_gold_leaving_the/
(Aug-22-2022) Comex registered silver falls below 55 million oz mark as 680,000 oz depart registered and 540,000 oz are OUT OF THE VAULT.
https://www.teddit.net/r/Wallstreetsilver/comments/wv39db/comex_registered_silver_falls_below_55_million_oz/
(Aug-19-2022) The comex vault drain continues with 2.1 tonnes of gold out of registered and 2.3 tonnes OUT OF THE VAULT. Silver sees 730,000 oz moved OUT OF THE VAULT.
https://www.teddit.net/r/Wallstreetsilver/comments/wsnvcx/the_comex_vault_drain_continues_with_21_tonnes_of/
Here is Fed Chair Jerome Powell talking about the Federal Reserves main push to bring in CBDCs
Federal Reserve Chair Powell_ Rapid changes are taking place in the global monetary system that may affect the international role of the dollar..mp4
https://files.catbox.moe/s8u5ki.mp4
Here is the archive of the Federal Reserve Speech from OP. It says CBDC by mid 2023
https://archive.ph/NrLay#selection-5023.444-5023.544
https://www.federalreserve.gov/newsevents/speech/bowman20220817a.htm
This is coming from the federal reserve itself. They ultimately will fail with this but they will cause us all great suffering in the process and even more if we dont take this seriously now.
They are going to try this and your survival will be on the line. Prepare now for it, tell your friends, family, and neighbors.
Have I been going off about just silver? No, I said buy precious metals and useful cryptocurrencies (dyor do your own research). There's very little discussion on here about silver.
COVID Vaccines may have failed with their end goal but it has and continues to cause great suffering for this world. Because not enough people were active and awake enough to put a stop to the propaganda until much later.
Don't give them a chance to preach their CBDC propaganda to the idiots, intercept them before they have a chance.
Won’t happen
People said that about masks and well look what happened.... Get what I mean?
That was then, the timing for white hats is now. They planning for that after our take over of house and senate and land slide of info about to spill out about the crooks, murderers, and corruption? I don’t think so.
Yes that sounds about right… The time for talk is over!
Sitting down and saying it won't happen is not enough, people must make sure it won't happen. Action is necessary to ensure survival.
White hats are gonna intervene before then.
Lets hope because everything goes out the window when peoples survival is at stake.
When you got a knife to your neck, there is no more waiting white hats, immediate action must and will take place. We are not there yet so we must pray and prepare for either outcome.
You would think they would have already intervened for many numerous things. There are NO white hats. They are all grey, fighting against one another for a spot at the table. Its the system vs us, the people who want no part in their evil fuckery.
If you believe that then why are you here? Q is nothing but white hats and the patriots that assist them. Have you read nothing of devolution?
The anon you are responding to has been pushing doom and gloom in nearly every post they comment on. Noticed the recurring trend of their negativity this week.
yawn
Use your critical thinking; one can believe some aspects of things and still believe that they dont have the full picture on everything, therefore are still able to realize that they need to question EVERYTHING about the thing/issue that they believe some components of.
We still have ZERO clue WHO/WHAT is behind Q and what the TRUE goal is. Q itself talks in cryptic codes that can be molded to fit various narratives from BOTH sides, depending on how one wants it to be decoded. Everyone is just guessing at what they THINK it means and pushing others to follow that narrative. Q at one point had a drop that said "the elections are secure" and so far that has turned out to be bullshit. But I know, "dIsInFoRmAtIoN iS nEcEsSaRy" which is exactly why people here even need to still be able to question/criticize Q when he/she/they/it already told us from the start that he/she/they/it lies to us.. "for our own good" though, of course...roll eyes
Well as with many many Q posts, the thing it referred to like “the elections are secure” wasn’t intended for that date or that time period. We have seen Q prove itself on one, two, three, and even four year deltas. “Elections are secure” most likely refers to this coming election and the 2024 election as massive fraud and corruption is being exposed and dealt with. I trust president Trump and he has referred to Q many times and is almost 100% Q+ himself. He’s got supernatural protection as there have been at least 17 attempts on his life. So I have every confidence that God is using him for this time in history, and the people around him, which ARE Q and the white hats.
"Crypto holders...THIS is the future THEY want." Please notice that not all "digital currencies" share the characteristics of every other "crypto". What the central bank offers will be the opposite of crypto, with a kill switch built in. It's not the same animal.
Yes Digital Currencies and Cryptocurrencies are very different. A Digital Currency gives that central issuer control of the currency.
A true cryptocurrency gives its users control of the currency through:
An encrypted ledger that can't be hacked or shut down
decentralized payment processing,
community voting and posting of governance proposals of changes,
a capped number of of the currency that can ever be reached (deflationary currency),
decentralized dispersion of the currency
Thank you for posting this. I have not look at any of this but I am holding several cryptos already.
I just want to make sure people also hold other things such as gold/silver. Don't just rely on one thing.
I agree! Gold and silver is important! Don't put all your eggs in on basket. Precious metals and cryptocurrencies are both extremely important after food and supplies.
Thanks. I forgot to say about food and toilet papers. LOL
I would pay off whatever loans or cc also.
Yep! Its coming. Get out the system and prepare to go dark. Beans, bullets and band-aids
Cardano is just EXCEEDINGLY better than Bitcoin. Cryptos with Smart Contracts done right not only keep your wealth safe but also expand the economy. Crypto with a great governance system can improve and stay relevant throughout many years. Crypto using functional programming like Bitcoin and Cardano keep your wealth secure.
But I agree that Bitcoin is a safe investment as far as cryptocurrencies go.
Do your own research
Its not CDA, its ADA you dont have any idea what you are talking about.
Cardano is by every definition more decentralized than bitcoin. The Minimum Attack Vector (aka Nakamoto Coefficient) for Bitcoin Mining pools to join together to conduct a 51% attack on the blockchain and corrupt the ledger is about 3-4.
https://blog.trailofbits.com/2022/06/21/are-blockchains-decentralized/
An equivalent 51% attack for Cardano is a stake pool having over 50% of staked coins going to stake pools controlled by a single entitiy.
Cardano's Minimum Attack Vector (aka Nakamoto Coefficient) is 21+, exceptionally decentralized for any of the top 30 cryptocurrencies. Very few can hold weight against Cardano decent realization.
Cardano's Wealth Distribution by wallets is also very decentralized unlike Bitcoin
https://datastudio.google.com/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/r2LQC
The SEC can go get decapitated. I'll gladly do it for them. They can't hold a candle and they won't hace authority of regulating cryptocurrencies after they lose the Ripple case.
You need to do some research, you sound like an idiot who doesn't know anything about what he's talking about.
It won't be. Hoskinson did a pretty damn good job swooning congress on the Crypto Regulation meeting earlier this year.
Watch the Crypto Regulation Congressional Hearing in 11 Minutes
https://www.youtube.com/watch?v=W4EncsKqHe4
Also Bitcoin doesn't add value to the economy, it just protects the value thats already there.
Cardano actually adds value to the Economy with smart contracts allowing new businesses to flourish as well as adding security as good as Bitcoin. Cardano uses the same UTXO model as Bitcoin but adds an extended version of transactions being able to take place over time (EUTXO model).
Cardano can also upgrade fairly fast and come to consensus with a fair Governance model using Project Catalyst. Bitcoin has one of the worst Governance models of all cryptocurrencies. It is not set up well for many bitcoin holders to participate nor is it very well set up for change.
Cardano uses functional programming for its ledger programming, Bitcoin uses an esoteric functional programming language as well in part of its codebase. However, Cardano uses the most widely known and used functional programming language Haskell while Bitcoin uses an esoteric functional programming language that hardly anybody uses, has almost no development, and has a huge wall of difficulty in improving Bitcoin in almost any sense of the word.
Now you'll say Bitcoin doesn't need to be improved and you're wrong. For the most obvious Bitcoin will need to update its encryption algorithm to be quantum resistant in the coming years. Good luck trying to get that proposal through and actually developed though!
Bitcoin will also be losing out on all the new wealth created through smart contract DeFi/dApps businesses that will revolutionize our world much like the internet did. They will be a place to store money but not to make money.
Bitcoins decade was the 2010s and they've improved very little since the beginning, this is part of the mystiique of Bitcoin. It will become a hindrance to them in the coming years, Bitcoins tech is heavily outdated and unable to improve in time.
Lex Fridman: The problem with Bitcoin
https://youtu.be/FKh8hjJNhWc&t=5507
What can't Bitcoin upgrade?
https://youtu.be/U43ewK1tyv0&t=468
Bitcoins biggest flaw
https://youtu.be/U43ewK1tyv0&t=3962
If you are some type of wizard with a crystal ball and can forecast hyperinflation then you can take out max loans and buy valuable assets before it hits. Then when hyperinflation hits you can pay pennies on the dollar for the loan you took out for the goods you purchased. If they are going to crash the economy then this is a good time to take advantage.
Look up the Dollar Currency Index which compares the dollar value with a basket of currencies. It is going up which is causing the businesses of countries around the world to default quickly, thereby stopping the production of cheap labor products, which means supply chain will come a halt or slow to a trickle for quite some time,
https://www.marketwatch.com/investing/index/dxy
The Dollar is Set for a Big Move Higher | Heresy Financial
https://youtu.be/wXNDfa-DExE
What is more probable is that they freeze bank accounts at a peak point after stocks have crashed and people are starving and too weak to revolt.
Basically you outlines what seems to be happening in Europe. Just today Macron warns of ‘end of abundance’ as France faces difficult winter
This is all to prevent the general population from rebelling when they realize it is too late.
Make the population expect hard times
Crash the economy and starve the population. Sheep will expect and will be programmed to not revolt
Give the population a solution of CBDCs with "free money"
Enslave the population and their descendants
GOOD STICKY, MODS! THANK YOU!!!
Buy silver before bitcoin! If you need a computer to purchase something……I don’t trust it.
I agree, do what you think is best!
This is fine, however for international commerce to work you need somethimg like cryptocurrencies for transactions to go through safely and securely without needing to trust a 3rd party like a bank.
For you personally, do what you think is best but know that you cannot trust a bank to hold your gold and silver. Also unless you want to be a 3rd world hellhole where everyone is robbing each other you also can't have everyone storing their gold and silver in their house, its too easy to rob.
For most people, they need something that is safe and secure that doesn't take up a lot of room and dont need to trust a 3rd party. This is where cryptocurrencies come in.
This goes along with the other pinned post: https://greatawakening.win/p/15JTb684nA/internet-of-bodies-this-will-blo/c/
They are trying to turn man into machines, with fully trackable digital dollars linked to our identities. Only problem is they will control everything, including if we can access the internet, where we can shop, and if we can eat, etc. Man will no longer have free will, hence man will stop being man.
Is this the future we want?
Of course not and it's not going to happen as long as we stand up! We must and will act on this!
Wake everyone up the CBDC is coming! Prepare for their last great weapon against us and prepare for war just in case.
What are people supposed to do to prevent it?
CBDCs?
Buy food and resources that can last you several months
Have a place to bug out, make an emergency plan
Take money out of the stock market and banks that will inevitably usher in this horror
Buy precious metals and cryptocurrencies (do your research in buying Cryptos, a very simple one everyone knows is Bitcoin but there are others that are valuable and useful in their own way like Cardano, XRP, Polkadot, Algorand, etc)
Get another computer with a Linux OS (Ubuntu is nice) for dealing with cryptocurrencies only. Takes care of problems with viruses and tracking you from computer.
Buy a hardware wallet so your cryptocurrency wallet can only be taken out by someone who physically has your hard wallet and password (aka YOU)
I will get very useful book download and send to you in a bit.
This is what you can do about it. Prepare for it in advance and you can survive.
So basically have money or be screwed, like every other aspect of life. Lmao. We’ll see ya’ll on the other side then.
I’ve got a small amount of XRP but that’s about it. Certainly can’t invest anything else when we can’t even afford our bills and groceries.
Having money always makes things easier. What I was talking about before was how to keep the money you already have because most people are gonna lose it all.
Find fellow friends and family you can band together with.
Learn to plant crops, grow food.
Have a place to bug out to. Lawlessness will become rampant when the general public becomes aware of CBDCs and how they enslave you.
Make an emergency plan.
Don't take the vaccine.
Talk about CBDCs to other people to wake them up.
Do these things then you should be fine.
Imho…..just keep plugging away. Never give up………Patriots in control and are on the side of every man, women and child. “You are watching a movie”.
How do you wake up the people? By telling them?………no, you must show them. Be patient and kind, live humbly. GLTA.
I guess if you're someone who's been mining a small crypto farm for the past 4 straight years, you're going to be rich as fuck beginning 2023.
Well it really depends if you've been holding the crypto you mine. Many miners will sell to pay operating costs and for profit in the short term and won't hold for 4 years.
Also you should look into proof of stake
Proof-of-Stake (vs proof-of-work)
https://youtu.be/M3EFi_POhps
What is Cardano staking? What is stake delegation?
https://youtu.be/3Uet4YWp0Oo
A year ago is nothing. I've been sniffing this out since lockdowns started in 2020.
I found a book from the 70s where they were talking about society going cashless and warning people even back then.
The Moneychangers by Arthur Hailey
If you have the podcast episode id be interested to hear what they have to say. Did they actually have a hard date of the middle of 2023? Did they have documentation?
If not then it was just as speculative at the time as my book, their info would not be useful to waking up many normies.
Sources based on solid evidence and documentation make great rocks to throw at normie heads.
Of course he's been talking about it, I can remember hearing about these things right after 9-11
The point is that here is the documentation, the evidence straight from the horses mouth of the Federal Reserve with a timeline to boot.
Adam's podcast episodes are such long podcasts usually 2-3 hours everyday, I've listened a few times but never all the way through and definitely not everyday, I've got too many other podcasts and audio books on my list as well. I'm interested in the sources. Hearing of something bad that is likely to or will happen in the future is not very useful if you have no sources or evidence.
I don't know if he has evidence or not but you are coming out if the blue and saying I need to look at 200-300 hours of podcasts on this to find if he even has evidence.
Even if he does, we are in the same situation with no advancement, with knowledge we already know, and lots of time wasted.
Adam has been talking about CBDCs and a cashless society, so what? That's great he woke some people up earlier, but this post will wake up many more people now, today! Put your ego and "I told you so" back in your pocket and help wake up others.
Ok gotcha
Hope you all bought XRP like I’ve been telling you to.
Yeah...hard pass on that. If you can't physically mine it and hold it, it's not real and will ONLY have whatever value [they] decide on.
If you have to physically hold it, you have to have to trust a bank to physically secure it, so what now?
For you personally, you may find a place to safely secure your precious metals but for everyone this is not the case without trusting a bank, and the banks have been causing the problems even before we had a Central Bank.
Their hardware,
Their software,
Their internet,
They control the,
On ramps and Off ramps.
Just exactly how is it they don't control crypto ?
Certainly a system of electronic accounting internationally to facilitate trade will have to occur.
but,,
The money of free people will be Precious Metals with it's base being measured in sliver, as gold is to easy to manipulate in it's relative scarcity to silver.
Back to the "Free Silver" Planks of the nationalist movements from days pass who knew Silver was the money of Free People.
They don't control
Your hardware (or you wouldn't be here)
Open source software
They don't control all of the on ramps or off ramps or again you wouldnt be here. This site is censored heavily but people still make their way here.
But certainly a superstitious fool thinks that the world can go back to trusting banks to hold our gold and silver and not take it for themselves.
Surely an ignorant fool thinks that having everyone hold gold without a bank would be grand. They couldn't understand what kind of hellhole this country would become when everyone's wealth was free to take by raiding peoples homes. No better than a 3rd world country.
With all due respect, I couldn't disagree with you more..
All forms of electronic communication devices are built to their technical standards and or engineering specifications with tracking and surveillance in mind.
Do you really control your hardware, or do they allow you the illusion of choice and control within the confines of their paradigm.
The Software link is even weaker, as with updates and upgrades they continually tweek the surveillance / spyware that is used by both government and industry alike.
All forms of electronic digital transactions are traceable and recordable. They control the internet and it's traffic through tracking, censorship and viability, ie. the kill switch. Once again the illusion of choice.
The on / off ramps I'm referring to that they control in regards to financial transactions are when you purchase or sell crypto for or by conversion currency, while it is true that on a flashdrive you can hide what you have, and transferring ownership is like a bearer bond, when you convert it from virtual reality to physical value is where they own / track you. Until you figure out tasty recipes for digital currencies, conversion will always be a vulnerable aspect of any crypto / digital platform.
If you choose to store physical value by converting it into digital fantasy have at it, I wish you luck.
I am nether a superstitious nor a ignorant fool so, I'll stick with something I can hold and control, as it has proven to be safe and reliable for thousands of years, (Physical Precious Metals) and like with everything else that I own, I'm willing to defend it, over your blood...
Cowards that chose to out source that responsibility by entrusting their wealth to the "money changers" brought on this fractional reserve debt based fait currency shit world we live in today.
Your great grandfather had the courage to stand his ground and lived a life free of the financial chain that bind you today, (I'm assuming your american, so before the Central Banks) are you a lesser man than he ?
With all that said, there is a place and time crypto is beneficial, as a short term vehicle of transfer and or transportation. But as a long term storehouse of value in my opinion is not one of them. I'll stick to Lead, Silver and Gold...
I did however appreciated your post.
Use https://privacytools.io for open source software that has been audited by many security experts (or audit it yourself if you have the technical knowledge).
Read Extreme Privacy: What It Takes to Disappear by Michael Bazzell
https://www.goodreads.com/book/show/54033555-extreme-privacy
You're ignorant and you dont know what you're talking about. There are ways around the system even now. You are a superstitious and using only precious metals doesn't solve the problem of having to trust banks or preventing banks from manipulating our government just like before.
There is no kill switch to the internet. It cannot be shut down world wide simultaneously by one person.
All forms of electronic digital transactions can be given military grade encryption to prevent tracing over IP addresses. You are probably someone who thinks military grade encryption can be broken easily and it cannot. There is no hidden tech on encryption, people spend their whole lives learning and building off of their predecessors and cannot break the military encryptions we have today.
I am a great man as my grandfather and great grandfather. I dont need superstitious old men to try to black pill me with things they know nothing about or understand.
Physical gold has to be trusted to be stored somewhere. No matter what this will lead to corruption over time and the gold being stolen from the hands of the many into the hands of the few.
Cryptocurrencies solve the problem of value needing to be stored in a large space and trusted by a 3rd party.
But an old demented man will never understand, won't read or look at anything that I've looked at. Keep trying to fearmonger and keeping us in a dark age under the bankers thumb. There's a better future than the hellhole cycle you strive for.
Time will tell,
good luck with that...
Read the book. Look at what I've looked at.
Don't be a piece of shit doomer. The cycle just repeats when only using precious metals and you have no rebuttal against it.
Banks may lose power but under a stable time where they are being used by everyone, they will gain power and buy up politicians again to make laws to their benefit at the expense of the people and their wealth.
Our current form computerized-currency that you use with debit cards can be cashed out and banks and ATMS. Central Bank Digital Currencies (CBDCs) will be cashless, no way to cash out.
A BIG REASON THEY WANT TO IMPLEMENT THIS IS TO ENACT NEGATIVE INTEREST RATES THAT YOU CANT GET OUT OF.
Negative interest rates would basically mean you'll be fined for trying to save your money or not spending it immediately. In todays world if they tried to implement negative interest rates everyone would just cash out of the bank and sleep with money under their mattress. In a CBDC world there is no way to cash out, you are stuck in the hellhole of negative interest rates and are unable to pay for food and resources you need to revolt.
Current form computerized-currency uses the SWIFT banking system from the 70s which is inefficient and slow. Wiring from one bank to another takes $30 fee and a few days. There is still quite a lot of regulation that is manually done in the banking area that can now be done automatically. Basically you have to thank the slow movement and ineptitude of government that CBDCs haven't taken hold sooner.
In a CBDC world, money moves a whole lot faster when compared with the SWIFT system
CBDCs will have much faster and cheaper wiring fees. However, that means changes can be made much faster as well. CBDC payments can be programmed to not work from a designated living radius. The government can monitor exactly how much you need and are entitled to have through a CBDC (current banking regulations don't allow this, you need a court order). Your "FedNow Digital Wallet" can be shut down at the push of a button.
In a CBDC world. money in your bank account can be created or destroyed in an instant given any kind of parameters like "how much gas was bought this week", "what was said about the government on social media", "you married someone working at the federal reserve", "you're a judge who made an certain ruling on a case or a politician who voted a certain way", etc.
The banking business today is still more decentralized and comptetive because you have your local business banks that are in charge of your account rather than under the direct control of the Federal Reserve under a CBDC. There would be no need for banking infrastructure and businesses under a CBDC. Over time more local businesses will be shut down and controlled by the Federal Reserve becoming like the Walmart of banks and shutting down any competitors. Less banks may seem good but the problem is one bank would have complete control over you and your descendants forever.
In a longstanding CBDC world there is no room for competition, there is only the Federal Reserve
The financial system we have today is still based on scarce resources and rewards those who bring new value to the system.
In a CBDC world much like China of today, bringing new value to others through invention and making businesses may not bring you reward but instead bring punishment for fear of breaking monopolies or not bowing down to your corporate overlords.
The great news is people waking up and understanding the way to go and the way not to go.