Sorry to burst your bubble, but the chance we go back to a metal-backing of currency is basically zero. Even when we had the gold standard it was completely fake, with less than 5% of the currency in circulation actually backed by metal in reserve.
Yes, the financial system is likely going to collapse. Yes, we will turn to asset-backed currencies for stability (backed by energy and other commodities like agricultural staples, commercial metals, timber, etc), but we absolutely aren't going back to a gold-backed currency.
edit: the downvotes are remarkable. The gold standard was completely, 100% fake even back in the early 1900s. We are returning to asset-backed currencies, but a currency backed by only gold isn't stable and will not be the world's currency. Sorry.
Government and bankers cannot be trusted to issue currency again... EVER. It's too much power to entrust to any nation or group and would still require banking in large part. Don't leave a single piece of their control system in place. Stupid and evil people will eventually corrupt or "fix" (ruin) any system that has an element of opportunity to do so. Only a dog should return to its vomit to lap it up.
The only solution that doesn't need banks or government is crypto / blockchain tech. It is decentralized and has EVERY quality of a fiat dollar, only better. And when you consider that you don't currently use physical cash much these days, you use credit / debit / $ apps, you may realize that you already are using a digital system, just one that can be monitored and controlled by the gov on a whim.
While digital banking and electronic payments added the convenience of digital ledgers, they simultaneously decreased privacy and constrained access. Crypto / blockchain solves that issue as well.
Until / unless crypto is built on privacy (is fungible) it won’t work and will only continue the debt/slave globohomo system.
Bitcoin can be tracked down to each transaction ever made. The only stablecoin I’m aware of that has privacy built in is Monero. And good luck buying any of it in the US. Bitcoin is a globalists wet dream.
And yes, a privacy capable coin would be a must. One that gives you the option to do a transaction as either public, simi-private (like only your accountant can see the transaction(, or totally private.
And you don't need a "stable coin" since what are you going to peg it to? We're talking about REPLACING currency, not attaching to it.
And no, bitcoin is far from their wet dream. They were designing their wet dream and you'd WISH you had bitcoin in comparison.
The current token was sold on eth network to raise the funds to build out the holochain network. The asset-backed holofuel will be exchanged 1 for 1 with the ERC20 when the holochain network is complete. It is not just a currency, holochain is a platform for a completely distributed, p2p internet that is free from censorship.
I don't think we will use PM coinage again, but I think after the collapse, the new currency will be backed by commodities, which will include gold. Either way, I beleve that gold and silver will increase greatly in value.
Sorry to burst your bubble, but the chance we go back to a metal-backing of currency is basically zero. Even when we had the gold standard it was completely fake, with less than 5% of the currency in circulation actually backed by metal in reserve.
Yes, the financial system is likely going to collapse. Yes, we will turn to asset-backed currencies for stability (backed by energy and other commodities like agricultural staples, commercial metals, timber, etc), but we absolutely aren't going back to a gold-backed currency.
edit: the downvotes are remarkable. The gold standard was completely, 100% fake even back in the early 1900s. We are returning to asset-backed currencies, but a currency backed by only gold isn't stable and will not be the world's currency. Sorry.
Have you read Q posts?🧐
Every single one. Disinformation is necessary. I'd bet you any amount of money we're not going back to the gold standard.
You won't have any money to pay the bet when you Lose.
Government and bankers cannot be trusted to issue currency again... EVER. It's too much power to entrust to any nation or group and would still require banking in large part. Don't leave a single piece of their control system in place. Stupid and evil people will eventually corrupt or "fix" (ruin) any system that has an element of opportunity to do so. Only a dog should return to its vomit to lap it up.
The only solution that doesn't need banks or government is crypto / blockchain tech. It is decentralized and has EVERY quality of a fiat dollar, only better. And when you consider that you don't currently use physical cash much these days, you use credit / debit / $ apps, you may realize that you already are using a digital system, just one that can be monitored and controlled by the gov on a whim. While digital banking and electronic payments added the convenience of digital ledgers, they simultaneously decreased privacy and constrained access. Crypto / blockchain solves that issue as well.
Until / unless crypto is built on privacy (is fungible) it won’t work and will only continue the debt/slave globohomo system.
Bitcoin can be tracked down to each transaction ever made. The only stablecoin I’m aware of that has privacy built in is Monero. And good luck buying any of it in the US. Bitcoin is a globalists wet dream.
I never said bitcoin due to the lack of privacy.
And yes, a privacy capable coin would be a must. One that gives you the option to do a transaction as either public, simi-private (like only your accountant can see the transaction(, or totally private.
And you don't need a "stable coin" since what are you going to peg it to? We're talking about REPLACING currency, not attaching to it.
And no, bitcoin is far from their wet dream. They were designing their wet dream and you'd WISH you had bitcoin in comparison.
Blockchain make non fungible tokens.
Correct. But Bitcoin ain’t one of them.
Then how did NON CB banking exist is the past? States having their own currencies worked fine at one time as well. Greedy men spoiled that.
Did I say they didn't exist in the past? No. (and note I said bankers, not just central bankers because that's how they start)
Do those currencies still exist? No. Why? Because men can't be trusted.
Solution? A trustless system.
I'm fully aware. This is the project I'm working on. Asset-backed, value-stable crypto. Fully distributed, not a ponzi like most blockchains.
https://www.youtube.com/watch?v=hn7aWuerBB8
Ah, now I see your bias.
Thats running on Layer 1 Eth network?
Also I like my currency to grow in value like gold did
The current token was sold on eth network to raise the funds to build out the holochain network. The asset-backed holofuel will be exchanged 1 for 1 with the ERC20 when the holochain network is complete. It is not just a currency, holochain is a platform for a completely distributed, p2p internet that is free from censorship.
https://www.youtube.com/watch?v=TPVo0pOB2yQ
But yes, the HOT token currently is an ERC20.
https://www.youtube.com/watch?v=hn7aWuerBB8
Yes, currencies will likely be backed by a basket of commodities including energy, food staples, timber, metals and precious metals.
So fake before equals fake in the future? Will freedom be the same? Gold kills the fed.
I don't think we will use PM coinage again, but I think after the collapse, the new currency will be backed by commodities, which will include gold. Either way, I beleve that gold and silver will increase greatly in value.
yes, backed by a basket of commodities is absolutely what will happen.
https://www.youtube.com/watch?v=hn7aWuerBB8