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.
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.