What stops it getting subverted if we try a gold standard again? sure i'd trust a gold backed currency made by Trump's admin, but what secures it when he's gone? Bitcoin seems like the perfect solution, same finite supply like gold, completely out of the hands of government, and easy to transact like fiat, especially for online payments. (The main bitcoin has been compromised with slow and expensive transactions because their dev team, blockstream, is funded by mastercard. But other cryptos are fine.)
If you'd like some whitepills, there's good evidence with the covfefe decodes that Q created bitcoin.
Bitcoin, a tyrannical government, could simply ban and force their own version on you. Go ahead be a rebel and own it anyways. Can't make any legal transactions with it so it's all but useless. And when they get us on their digital currency, they have total control. They can make it infinitely, and decide its value on a whim.
But when they have to, by law, have enough precious metal to exchange for our currency, they can be held accountable for its value. They can't just print more. What prevents it being subverted again is the knowledge of what happens when it does, thanks to 110 years or so of living under it, and not allowing it to happen again, by never allowing the Fed to form again or anything like it.
Many other central banks had been taken down or dismantled by other Presidents. Andrew Jackson ended one by refusing to renew it's charter......but they just waited patiently and made a new central bank again.
But when they have to, by law,
How could a law prevent tyrannical governments from diluting and removing gold backing from the currency like they already did in 1933, but not prevent a tyrannical govt from creating a digital currency and forcing us to use it by banning alternatives.
I do agree it's quite easy to ban crypto, just give hefty jail sentences to any merchant caught accepting it. And the more I try rebut your arguments, the more i realize you have many good points about how easy it is for tyrannical govts to succeed. Like everything going on in the world at the moment, Crypto can only succeed if Q is successful at purging corruption from governments. If we get enough patriots in Congress to ensure a gold backed currency could survive, then they can prevent crypto from being banned too.
My point here, is if they have to have that precious metal, we can take it when we overthrow them for going corrupt, if needed. I know preventing the same problem won't be easy, but I do think that having knowledge from historical mistakes on our side should make our chances a lot higher.
I like the idea of crypto, as it is, but I don't believe that tyrants will simply let it be. And I worry that the more people buy into it the easier they will buy into a central bank crypto to replace it. To normies it would be presented as the same thing, and they would buy it.
What stops it getting subverted if we try a gold standard again? sure i'd trust a gold backed currency made by Trump's admin, but what secures it when he's gone? Bitcoin seems like the perfect solution, same finite supply like gold, completely out of the hands of government, and easy to transact like fiat, especially for online payments. (The main bitcoin has been compromised with slow and expensive transactions because their dev team, blockstream, is funded by mastercard. But other cryptos are fine.)
If you'd like some whitepills, there's good evidence with the covfefe decodes that Q created bitcoin.
https://rumble.com/v2fqj3m
https://badlands.substack.com/p/the-covfefe-dig
Bitcoin, a tyrannical government, could simply ban and force their own version on you. Go ahead be a rebel and own it anyways. Can't make any legal transactions with it so it's all but useless. And when they get us on their digital currency, they have total control. They can make it infinitely, and decide its value on a whim.
But when they have to, by law, have enough precious metal to exchange for our currency, they can be held accountable for its value. They can't just print more. What prevents it being subverted again is the knowledge of what happens when it does, thanks to 110 years or so of living under it, and not allowing it to happen again, by never allowing the Fed to form again or anything like it.
Many other central banks had been taken down or dismantled by other Presidents. Andrew Jackson ended one by refusing to renew it's charter......but they just waited patiently and made a new central bank again.
How could a law prevent tyrannical governments from diluting and removing gold backing from the currency like they already did in 1933, but not prevent a tyrannical govt from creating a digital currency and forcing us to use it by banning alternatives.
I do agree it's quite easy to ban crypto, just give hefty jail sentences to any merchant caught accepting it. And the more I try rebut your arguments, the more i realize you have many good points about how easy it is for tyrannical govts to succeed. Like everything going on in the world at the moment, Crypto can only succeed if Q is successful at purging corruption from governments. If we get enough patriots in Congress to ensure a gold backed currency could survive, then they can prevent crypto from being banned too.
My point here, is if they have to have that precious metal, we can take it when we overthrow them for going corrupt, if needed. I know preventing the same problem won't be easy, but I do think that having knowledge from historical mistakes on our side should make our chances a lot higher.
I like the idea of crypto, as it is, but I don't believe that tyrants will simply let it be. And I worry that the more people buy into it the easier they will buy into a central bank crypto to replace it. To normies it would be presented as the same thing, and they would buy it.