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158
This is possibly when the financial system in the US collapses. (media.scored.co) 🔍 Notable
posted 253 days ago by Redpilled2Depression 253 days ago by Redpilled2Depression +159 / -1
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▲ 26 ▼
– praying71 26 points 253 days ago +26 / -0

I don’t buy any gold-backed stablecoin” story.

Why? Because it’d be another version of CBDC:

  • You buy the digits.

  • The government keeps the gold (if you believe there’s any).

  • You then commit a wrong-think and what you’re left with? The digits?

I will believe in gold-backed currency when I will hear it’s sound.

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▲ 5 ▼
– TaQo 5 points 253 days ago +5 / -0

Word. We've already been down this road with paper. Why anyone believes it'll "be different this time" is beyond me.

Catherine Austin Fitts has talked about QFS being implemented at banks for several years now. I don't know what that means for us or when

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– inspoken 1 point 253 days ago +2 / -1

What does she say about QFS? Is it a swamp run enterprise?

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– TaQo 3 points 253 days ago +3 / -0

All sorts of things...be forewarned - it seems nearly every site discussing QFS is blended with some mixture of dooming via mark of the beast microchips, 666, Nesara, michael Jackson, jesus juice/bible thumping or some other horseshit other than the meat of QFS.

Example: https://steemit.com/quantum/@sadcorp/xrp-ripple-u-s-navy-quantum-financial-system-qfs-microchipped-cashless-society-cc722b99e84c7

I'll spare you the other bs ... which appears worse than real raw news...

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▲ 4 ▼
– 50StateLandslide 4 points 253 days ago +4 / -0

PAX Gold already exists and hasn't bankrupted the United States yet, lol

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– praying71 1 point 253 days ago +1 / -0

Good that you said „yet”.

Read this real story: https://en.wikipedia.org/wiki/Amber_Gold_(company)

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– deleted 1 point 253 days ago +1 / -0
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– deleted 1 point 253 days ago +1 / -0
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– Mycovidfeelslikeacol 1 point 252 days ago +1 / -0

It's hard to use gold for cross border payments or buying things online.

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– deleted 0 points 253 days ago +1 / -1
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– Surfsup -1 points 253 days ago +1 / -2

I stopped reading at "You want digital gold. Bitcoin IS that." The bitcoin 'tards are everywhere.

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▲ 2 ▼
– deleted 2 points 253 days ago +2 / -0
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– Surfsup 1 point 252 days ago +1 / -0

Bitcoin isn't digital gold and it's bot a savior of anything. Ask yourself, if cryptos were so amazing and valuable why is it that only bitcoin is going up? There are thousands of cryptos. Why only bitcoin? They should all go up right?

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– deleted 1 point 252 days ago +1 / -0
▲ 19 ▼
– changeagent 19 points 253 days ago +19 / -0

I wonder why he thinks it will take until 2030

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▲ 19 ▼
– queue-anon 19 points 253 days ago +19 / -0

Idk why anyone takes what this guy says serious. They all talk like they are the authority. Similar to clandestine.

Re: 2030? He doesn’t even follow Q.

This guy is a normie. Seems like PDW material.

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– deleted 1 point 253 days ago +1 / -0
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– WeAreThePlan 5 points 253 days ago +5 / -0

Good point. This could happen, say, tomorrow.

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▲ 14 ▼
– illusionConfusion 14 points 253 days ago +14 / -0

u/#q2619

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▲ 9 ▼
– rherrell 9 points 253 days ago +9 / -0

Don't you think Trump & Co. have a plan for that? After all, the "plan" has been in the works for DECADES! I think it will a shock but in the end it will all work out.

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▲ 6 ▼
– Jackdagger 6 points 253 days ago +6 / -0

I still give it 30%, chance that Trumps plans are just the beginning of the end. If he does cbdc then when he leaves in 4 years the framework for NWO is just waiting on a figurehead.

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▲ 5 ▼
– rherrell 5 points 253 days ago +5 / -0

NO WAY he does cbdc, he already said that he wouldn't and I trust him. I don't know what the plan is but I'm sure a central bank will not be part of it.

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– Throwawaysgareblue 3 points 253 days ago +3 / -0

Bingo. In the end it is prophesied

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– Surfsup 1 point 253 days ago +1 / -0

Any crypto-coin whether gold backed or commodity backed or whatever-backed is still a digital token that can be tracked, monitored and parsed every nanosecond to determine if your access to purchasing power should be halted, or not. Cash, real money, held in the hand, is really the only way. I totally disagree with trump on the crypto thing. Digital money is the jew end game for us all. We are fooked if digital money is the "way"

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– WakeUpWorld 1 point 253 days ago +1 / -0

It will have its use cases. As of now, US dollar is #1 instrument used for fraud, nefarious & criminal activities, and it's digital form is tracked. They also print more, non audited.

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– rherrell 1 point 252 days ago +1 / -0

There is not enough gold and silver to back cash money so your point is moot, we need another solution and I trust that Trump has our backs.

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– Surfsup 1 point 252 days ago +1 / -0

rherrel what you say makes no sense. Whatsoever. Simple. You can divide real gold by any denominator to achieve this. The value can also increase, or both. However if your argument is "there isn't enough of it" well... there is literally zero crypto. It doesn't exist. I mean, seriously. If you hold "it" in your hand you're actually holding an electronic storage stick, not crypto. Come up with something better. I'll debate anything you got, because none of it will hold water.

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▲ 8 ▼
– TNBanjoMan 8 points 253 days ago +8 / -0

So what happens to gold and silver as a medium of exchange for private citizens?

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– Dysnomia 4 points 253 days ago +4 / -0

It gets confiscated unless you bank at Land Bank.

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– TNBanjoMan 3 points 253 days ago +3 / -0

Hehehe... better than that, the Under The Mattress Bank, safeguarded by copious amounts of lead and brass.

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▲ 7 ▼
– downrightdeplorable 7 points 253 days ago +7 / -0

Cool. Can we stop policing the world with our tax dollars at that point?

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▲ 8 ▼
– greatpumpkin 8 points 253 days ago +8 / -0

You have to pick something to start with.

I suggest cutting all 'foreign aid' first. Defined as 'if the dollars leave US shores, it's foreign'.

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▲ 8 ▼
– Rotor 8 points 253 days ago +8 / -0

And cut money to NGO’s second. ALL charity is to come from individuals. Government doesn't have money to give away to anybody...

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▲ 4 ▼
– skidder1 4 points 253 days ago +4 / -0

Why "stable coin"? Why not go with something already established. a crypto that has depositories located in every major financial center around the world? One that has bi-annual audits to ensure that every coin being traded has actual physical backing it up? One that you can actually REDEEM your crypto for physical gold/silver anywhere in the world? Kinesis has all of these attributes and more, has a debit card you can use, it offers software for payroll accounting and payments, you can go peer to peer. In fact I would challenge anyone to come up with an attribute that Kinesis doesn't have or isn't working on right now? Indonesia recently officially adopted Kinesis for their citizens to utilize in order to hold their savings. It's a private entity that operates outside of gov'ts, it's the perfect vehicle for international trade settlement. Why do these leaders insist on recreating the wheel when there is a solution staring them right in the face?

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▲ 10 ▼
– deleted 10 points 253 days ago +10 / -0
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– MAG768720 4 points 253 days ago +4 / -0

Why would anyone want electronic digits to replace MONEY?

Throughout history, money has been gold (and silver) because of certain PROPERTIES that give it value AS A FORM OF MONEY.

One of those properties is it MUST BE REAL.

Electronic digits ... ARE NOT REAL.

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▲ 3 ▼
– CrimsonSentinal 3 points 253 days ago +3 / -0

2030? That’s a nice cushy, six year soft collapse if I’ve ever heard of one.

A “rapid economic collapse” is here today, gone tomorrow in my book. Stock market implosion won’t take six years but it could easily take six days. Even with trading halts.

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▲ 3 ▼
– libtards_r_stoopid 3 points 253 days ago +3 / -0

Wen crash?

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▲ 2 ▼
– ErikaLives 2 points 253 days ago +3 / -1

Uuuhhhhgggg. We have to wait until 2030 now??

I'm not going to make it bros.

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▲ 2 ▼
– Fuhqreddit 2 points 253 days ago +2 / -0

Does this make MOASS Irrelevant? If the currency is worthless I mean.

Does this effect the liklihood of XRP going up?

I'm considering investing in BRICS stable coin if it's gold backed. AITA

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– libtards_r_stoopid 2 points 253 days ago +2 / -0

Yes in a way. I think it pops and MOASS occurs at the same time as the economic collapse. That said, if you wanna cash in your chips and pay shir off and be fiat debt free i think you can. Id love to do that but i think ill hold my DRS'd shares through collapse and transition to a new gold backed currency and see how everything shakes out. I think post MOASS and under a new dollar GME will retain MOASS numbers even with a conversion to a new dollar. I could also see a split to bring prices down and give us more shares. Either way im gonna hodl through collapse and MOASS and not worry about my fiat debt. Id rather keep my shares and the valuable wealth they represent safe during the next year or so.

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▲ 2 ▼
– Ironside43 2 points 253 days ago +3 / -1

The chances of India and China sharing a currency are zero

The chances of anyone sharing a currency with Russia are zero - it's a basket case

Why do people get taken in by this?

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– xchainlinkx 1 point 253 days ago +1 / -0

A gold backed stable coin will never work because they can never provide proof of reserves.

The only thing that can is Bitcoin

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– deleted 1 point 253 days ago +1 / -0
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– CherokeePede 1 point 253 days ago +1 / -0

Ill repeat this for all the doom people seem to run into when things like this are said. The US is primary consumer for most of the world. Dollar collapse and US economy collapse will collapse the rest of the world if we arent buying their things. Where is India after all this happens? China? Taiwan? Malaysia? Pakistan? They all depend greatly on US consumption. Without it they all go broke and all starve.

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– Muffdiver 1 point 253 days ago +1 / -0

America dollar isn’t going anywhere! We have consumer buying power! We buy a lot of stuff with our dollar! World wide!

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– MAG768720 1 point 253 days ago +1 / -0

USA still leads the world, so productivity and consumption won't just magically "re-direct" to other countries.

Remember, those other countries are even more fucked than USA when it comes to totalitarian dictator mindset of "running" an economy.

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– Goldfoil 1 point 253 days ago +1 / -0

Will we be allowed to buy this coin?

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– deleted 1 point 253 days ago +1 / -0
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– deleted 1 point 253 days ago +1 / -0
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– deleted 1 point 253 days ago +1 / -0

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