👺💰🌎 Jamie Dimon lashes out against crypto: ‘If I was the government, I’d close it down’ 👺💰🌎
(www.cnbc.com)
- N C S W I C -
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (81)
sorted by:
Value-backing of Currency comparative analysis:
Gold-backed DEBT dollar [~1873-1913 (silver dropped, pre FR), 1913-1933 (FR charter 1), 1933-1973 (revalue, FR new charter)]: Rare metal with a known amount of human labor (energy) to mine and process 1 ounce provides underlying value; https://en.wikipedia.org/wiki/Coinage_Act_of_1873
Oil-backed DEBT dollar [1971/73?]: Unit of energy (in large supply in the U.S.) with a known amount of human/machine labor (energy) to pump and process 1 barrel provides underlying value;https://en.wikipedia.org/wiki/1973_oil_crisis
Bitcoin "greenback" [i.e. debt free; 2023/4?]: Unit of energy used to "mine" a certain amount of Bitcoin (with finite total limit) per human/machine labor (energy) is known and provides underlying value. Bitcoin is currently backed by energy directly, but could be made convertible to gold or other commodities to make it more liquid. Possibly attempted previously in 2013/14?
Public, uncorruptable ledger of Bitcoin is effectively a digital 4th Amendment that ties one's labor directly to energy that you control individually with decentralized blockchain and private offline wallet (when getting paid for labor in Bitcoin). It also effectively becomes a digital 1st Amendment because your right to engage in contracts with whomever you want becomes uncancellable.
Also, BitCOIN appears to be part of the Great Awakening operation given the COIN is also COunter-INsurgency per DoD manual on that subject and we are effectively fighting a counterinsurgency war against infiltrating bankers who are just bribing the crap out of gov't officials to continue the grift. It is unclear how it will play out, but I recommend everyone go look at the Bitcoin hash-rate and map key Q operation dates on top of it. https://www.blockchain.com/explorer/charts/hash-rate [hash-rate is a measure of "strength against attacks"]
Have you read Softwar?
Q spoke about how over time people accumulate wealth, this brings power and access. But it’s top down power and access. BTC will basically be a select group of early adopters financially reinfiltratiig their own nation. Bottom up.
Have you seen the new Coinbase commercial?
Have not read it. I agree with your assessment. Looks like multiple vectors of attack to turn “slaves” into MAGA oligarchs including physical silver, land (with full title), and Bitcoin to turn the pyramid upside down.
Seems like it. We all got here by making decisions against our own best interest. Decisions we were propagandized into thinking we’re beneficial for us. Q did say we were being given the gift of sight.
-Some wise man
Updoot