Everything digital is ultimately scammable. Even more so than printing press made crap. And printing press made crap is already horribad.
The entire drive to digitize currency is bullshit. It's made to be played. And, remember, it's far far far easier to play the Social Credit end game of absolute control of the individual with all currency digital.
I love spinning 1s and 0s into silver like Im Rumpel-m'fing-stiltskin.
I just let some remote PM Exchange "deduct" some fugazi, digital "numbers" from a worthless plastic card, and they send physical assets to my front door.
I would not be using federal reserve notes for toilet paper. Both your ass and the sewer system deserve better. I wouldn't use them for burning either. Those things are a toxic nightmare.
Once the fraud is revealed we will have to figure out a way to dispose of them. Maybe we can send them all into the sun.
I'm aware and don't even necessarily support digital currency. Gold and silver is better the way I see it.
But my statement was accurate. The guy clearly doesn't know about what he's railing against, and I'd lean towards you not being much of a crypto expert either.
100% agree with you. I understand the sentiment but most people don't really understand what the technology really is. It is just like any other technological revolution. It can be used for a lot of good, and a lot of bad.
For example- Totally decentralized currency that can never be controlled by one entity vs The CBDC slave coin. Both using the same blockchain technology, one is great, the other is meant for tyranny.
I get being skeptical. But if people did their research and truly tried to understand it, they would realize it is one of the most realistic solutions to the problem we have today. Centralized, controlled banking cabal ruling everything.
This tokenized gold is intriguing but let's not forget, made by a centralized banker, I do not trust.
about the only thing I find half way reliable at CNN.com...gold price. I bought a bunch at ~$1,250 six years ago and at $1,923. going to the MOON soon I say! not about being "rich" as much as having something real to trade with fellow patriots when the bogus fiat and Fed crumble
Wow, and I thought paper gold was bad, and what happens when they close the gold window like Nixon did. Trust, but verified, and that can't be verified.
Because they know the central bank CBDC will be backed by nothing making thiers a better solution but as we saw with FTX “tokenized” backed by nothing is more likely
Digitized gold requires you to trust the guy who is holding all the gold.
Whereas Bitcoin gives you the same functionality of gold, WITHOUT having to trust some guy to hold the gold.
Therefore the proper solution is to use Gold in the physical space, and Bitcoin in the digital space, and allow the two to trade against each other on the free market.
This way you don't have to trust some guy to hold your money, and you have full access to both the physical and digital spaces. This also enables you to use Bitcoin for wiring gold.
“The deal demonstrates interest from the market and the real sector in a new instrument that can become a good alternative to investments within the de-dollarization of the economy,” First Deputy Chairman of Sber’s Board Alexander Vedyakhin stressed.
Pressed by sanctions over the war in Ukraine, Russia has been preparing to broaden its legal framework for [gold-based digital financial assets] DFAs to also cover decentralized cryptocurrencies.
Still keeping people tethered to digital currency or enticing others to go that route rather than having currency they can hold in their hand (And that can be shut down whenever they choose to block internet connection)
So how do we know each token is really backed by physical gold and they're not just creating tokens? Until this is clarified it seems like this is just another printer.
You are watching the roll out of QFS (Quantum Financial System). QFS is tied to GESARA/NESARA. Tokenized gold is different than the current Crypto offerings. It's backed by something real, not just a promise of value backed by Fiat dollars.
Everything digital is ultimately scammable. Even more so than printing press made crap. And printing press made crap is already horribad.
The entire drive to digitize currency is bullshit. It's made to be played. And, remember, it's far far far easier to play the Social Credit end game of absolute control of the individual with all currency digital.
Gold and silver can be fractionalized for value same as bit coin. It is way under valued in the opinion of many.
I get great joy trading toilet paper for gold and silver.
Treasure hunt!
Lol, mine got spent surviving covid ;)
I love spinning 1s and 0s into silver like Im Rumpel-m'fing-stiltskin.
I just let some remote PM Exchange "deduct" some fugazi, digital "numbers" from a worthless plastic card, and they send physical assets to my front door.
Its the best deal going in the world.
I would not be using federal reserve notes for toilet paper. Both your ass and the sewer system deserve better. I wouldn't use them for burning either. Those things are a toxic nightmare.
Once the fraud is revealed we will have to figure out a way to dispose of them. Maybe we can send them all into the sun.
I'm sure Elon would be happy to oblige KEK
Wait. Am I reading this right? Toilet paper is TOXIC?
Or is that just when you burn it?
Because I can't just not shit. And I sure ain't doing what the Muslims do.
EDIT: I'm an idiot. Somehow I misread this horribly.
Federal Reserve notes are toxic, don't use them as toilet paper...
I completely misread your line. That's on me. I'll hold this L.
As long as it's still accepted.
Oh yeah. Ok. I was wrong.
Digitial can't be hacked.
Shit that exists just as code can't be modified maliciously.
That never has and never will happen.
And everything sold to the idiot cattle is always just as advertised, because "they said so".
Got it.
It's ok if you don't know how the tech works, but maybe don't go around acting like you do lol
I'm aware and don't even necessarily support digital currency. Gold and silver is better the way I see it.
But my statement was accurate. The guy clearly doesn't know about what he's railing against, and I'd lean towards you not being much of a crypto expert either.
if one has turned off the fork, what is the incentive for the ledger calaculations?
100% agree with you. I understand the sentiment but most people don't really understand what the technology really is. It is just like any other technological revolution. It can be used for a lot of good, and a lot of bad.
For example- Totally decentralized currency that can never be controlled by one entity vs The CBDC slave coin. Both using the same blockchain technology, one is great, the other is meant for tyranny.
I get being skeptical. But if people did their research and truly tried to understand it, they would realize it is one of the most realistic solutions to the problem we have today. Centralized, controlled banking cabal ruling everything.
This tokenized gold is intriguing but let's not forget, made by a centralized banker, I do not trust.
Decentralized finance is the future
XRP XLM
...ISO20022...
GOLD SHALL DESTROY THE FED
WE used to have something like that here in America. (EDIT: Pre-blockchain of course). It was called the dollar.
Then, the Federal Reserve was created.
Anyone know the name to the actual Crypto yet? I’ll buy Russian. It’s stable unlike our about to collapse banking system.
Tokenized gold back crypto already exists. Pax gold (PAXG) is one of them. There are others too, but that’s the one that I’ve bought previously.
Thank you Anon! God bless you.
Also there’s Kinesis.
https://kinesis.money/
Oh cool! Thank you too. I like the name Kinesis haha!
Oh boy. Never mind the CBDC. We all go here and deep state bank is done.
I'll take my pay in rubles or gold thank you
Sounds trackable. Fuck that.
about the only thing I find half way reliable at CNN.com...gold price. I bought a bunch at ~$1,250 six years ago and at $1,923. going to the MOON soon I say! not about being "rich" as much as having something real to trade with fellow patriots when the bogus fiat and Fed crumble
https://www.cnn.com/business/markets/commodities
Yeah my price was in the 1200s. Silver was 12 to 16
Wow, and I thought paper gold was bad, and what happens when they close the gold window like Nixon did. Trust, but verified, and that can't be verified.
Because they know the central bank CBDC will be backed by nothing making thiers a better solution but as we saw with FTX “tokenized” backed by nothing is more likely
Digitized gold requires you to trust the guy who is holding all the gold.
Whereas Bitcoin gives you the same functionality of gold, WITHOUT having to trust some guy to hold the gold.
Therefore the proper solution is to use Gold in the physical space, and Bitcoin in the digital space, and allow the two to trade against each other on the free market.
This way you don't have to trust some guy to hold your money, and you have full access to both the physical and digital spaces. This also enables you to use Bitcoin for wiring gold.
They also sell gold that doesn t exist. O different that the fxp guy
What prevents the tokens from being changed to a different value denomination of the gold? Still not the actual asset and with can be manipulated.
Imagine buying your lead this way. I own 10k rounds of ammo, see this paper says so. It's all in some vault in NYC.
Related news
https://news.bitcoin.com/gold-based-digital-assets-issued-in-russia/
https://archive.ph/mmJuL
u/#pepedetective
Still keeping people tethered to digital currency or enticing others to go that route rather than having currency they can hold in their hand (And that can be shut down whenever they choose to block internet connection)
thumbs down
So how do we know each token is really backed by physical gold and they're not just creating tokens? Until this is clarified it seems like this is just another printer.
Gold and silver is the way…. Blockchain is the mechanism…
i will take their word for it
a pound of gold isn't worth anything unless it is in a free country
You know what has value in every country, free or enslaved?
Guns.
And food & water
...ammo will b more valuable than the gun
You are watching the roll out of QFS (Quantum Financial System). QFS is tied to GESARA/NESARA. Tokenized gold is different than the current Crypto offerings. It's backed by something real, not just a promise of value backed by Fiat dollars.
GESARA/NESARA is a new age hoax
Clearly, you are not as awake as you think you are. That's OK. It's going to happen whether you believe it or not.
HAHAHA ok....
I still think we all need to walk around with coins of various metals
You still have to trust that the issuing entity will faithfully redeem tokens for actual gold on demand. I'd rather have metal in hand.
It's not the first. PAXG is the first tokenized gold-backed crypto.
Yeah, paper gold is more worthless than the fed reserve note.