ALL fiat currencies, throughout history, have failed. Many of us are actually amazed that Trump is trying to save the dollar. Without a balanced budget, there is no chance. This is going to hurt.
If he goes digital, the Cabal will be able to control all the spending. If they want to shut your account down, they can without any trouble at all. I hope he stays away from digital and saves the dollar, puts gold or silver behind the value of the dollar-the way it used to be. We will see what happens.
Not to be a contrarian, but, blockchain in these government programs would help eliminate fraud, waste, and abuse. I don’t think the physical dollar is going anywhere, but there will be multiple stable coins pegged to the US dollar that allow the public to on ramp into the digital world.
The US is behind in this digital world bc of Choke Point 2.0. And the Biden administration . Several in the crypto community have been asking for regulatory clarity. Hopefully that will come in August.
Whether we like it or not, it’s coming. Plan accordingly.
Crypto (& blockchain) is fine as long as it goes back to being anonymous like how it was when it started. If they have kyc then you can be shut off which means it is not really money
You may know more about this than I could even pretend to, but I did hear how easy it is to control monetary account usage with digital currency. I hope it is well regulated and the clarity is very specific. Thanks for responding
Not to sound too crazy. But, I think the entire banking and financial institutions are going to rapidly adopt blockchain. (JP Morgan has over 90 blockchain patents)
DeFi and TradFi are about to merge very soon in my opinion.
Bank of America recently used blockchain internally until Gensler and the SEC started “Choke Point” against the crypto community.
I don’t play meme coins, but there are more than a handful of cryptos with real world utility.
Only two ways out of the situation. Both painful. It has always been about what comes after :
"A crack-up boom is an economic crisis that involves a recession in the real economy and a collapse of the monetary system due to continual credit expansion and resulting in unsustainable, rapid price increases. This concept of a crack-up boom was developed by Austrian economist Ludwig von Mises "
1 . Stopping credit expansion and allowing self-correction of economic distortions.
Facing a total collapse of the currency system, leading to hyperinflation and economic depression.
He's not trying to save it, it's 2.3 trillion in Doge cuts but also cutting taxes by over 4 trillion.This does not reduce the deficit.Prepare for fiat collapse.
$7 trillion must be on hand to accommodate $7 trillion in Treasury Bonds coming due this year.
Continuing Resolution...(Play on Words) Asking Democrats to fund the government that's actively defunding their activities....while extending the "debt" ceiling another $2 trillion.
Keep your eye on the ball....the biggest thing is the economic system, globally. Everything revolves around money. All else is mere consequence.
The one caveat is a natural cataclysm.
Hey - tell us the part about how after JPM was slapped with BILLIONS in fines for manipulation of the silver market, how you stepped in and started doing the EXACT same thing...that is of course after Bear Sterns started doing it and because they weren't really a bank didn't have to report it ... Yeah...
As to why BankAmerica would engage in such an apparently foolhardy venture of borrowing 300 million oz of physical silver with the promise of having to return it someday, you have to first understand the nuttiness of precious metals leasing. Someone with the physical silver (JPMorgan in this case) relinquishes the metal to an institution (BankAmerica). Aside from the promise of the physical return of the metal, JPMorgan also gets rental income. BankAmerica, not wishing to simply hold the metal because there’s no real purpose in doing so, turns around and sells the metal to a completely independent third party, in this case the silver ETFs, who’s investors pay cash money for the free and clear title to the metal. BankAmerica gets the full use of the cash ($8.3 billion) to do with as it pleases.
At first I was surprised that a bank would support Trump, but then I realized they will be going bankrupt and only the Fed will win. That's how Ponzi schemes work, right? And that's an interesting chart! Notice how all the job growth is government supported, right at election times?
ALL fiat currencies, throughout history, have failed. Many of us are actually amazed that Trump is trying to save the dollar. Without a balanced budget, there is no chance. This is going to hurt.
Hes building a parallel digital system.
If he goes digital, the Cabal will be able to control all the spending. If they want to shut your account down, they can without any trouble at all. I hope he stays away from digital and saves the dollar, puts gold or silver behind the value of the dollar-the way it used to be. We will see what happens.
Not to be a contrarian, but, blockchain in these government programs would help eliminate fraud, waste, and abuse. I don’t think the physical dollar is going anywhere, but there will be multiple stable coins pegged to the US dollar that allow the public to on ramp into the digital world. The US is behind in this digital world bc of Choke Point 2.0. And the Biden administration . Several in the crypto community have been asking for regulatory clarity. Hopefully that will come in August. Whether we like it or not, it’s coming. Plan accordingly.
Crypto (& blockchain) is fine as long as it goes back to being anonymous like how it was when it started. If they have kyc then you can be shut off which means it is not really money
Monero is the answer.
Agreed or something like that. I've heard people talking about pirate key too but never used it
Do you mean pirate chain?
Why xrp? I hear people talking about it but never a reason
No, XRP is basically a CBDC blueprint. Provides even less privacy than BTC.
XMR (Monero) is actually peer to peer electronic cash that cant be traced. You can actually spend it anonymously.
If it's anonymous how will they be able to track down human bad guys?
Same way they do with paper money which is also anonymous
You may know more about this than I could even pretend to, but I did hear how easy it is to control monetary account usage with digital currency. I hope it is well regulated and the clarity is very specific. Thanks for responding
"Plan accordingly?" Any advice?
Look in to coins that fall in to ISO 20022 compliance for financial institutions. Blockchain just might end the FED.
Not to sound too crazy. But, I think the entire banking and financial institutions are going to rapidly adopt blockchain. (JP Morgan has over 90 blockchain patents) DeFi and TradFi are about to merge very soon in my opinion. Bank of America recently used blockchain internally until Gensler and the SEC started “Choke Point” against the crypto community. I don’t play meme coins, but there are more than a handful of cryptos with real world utility.
Gold and GameStop.
Learn how private keys and self custody work. Learn about Monero for privacy. Keep your KYC stash separate from your private stash.
What's going to hurt?
Having the dildo you & your family has been fucked with for the last 112 years...Removed
Gross
Found the Banker who is enjoying it.
Hopefully, only for the right people (for a change).
Only two ways out of the situation. Both painful. It has always been about what comes after :
"A crack-up boom is an economic crisis that involves a recession in the real economy and a collapse of the monetary system due to continual credit expansion and resulting in unsustainable, rapid price increases. This concept of a crack-up boom was developed by Austrian economist Ludwig von Mises "
1 . Stopping credit expansion and allowing self-correction of economic distortions.
He's not trying to save it, it's 2.3 trillion in Doge cuts but also cutting taxes by over 4 trillion.This does not reduce the deficit.Prepare for fiat collapse.
$7 trillion must be on hand to accommodate $7 trillion in Treasury Bonds coming due this year. Continuing Resolution...(Play on Words) Asking Democrats to fund the government that's actively defunding their activities....while extending the "debt" ceiling another $2 trillion.
Keep your eye on the ball....the biggest thing is the economic system, globally. Everything revolves around money. All else is mere consequence. The one caveat is a natural cataclysm.
Real Neat!!!!
Hey - tell us the part about how after JPM was slapped with BILLIONS in fines for manipulation of the silver market, how you stepped in and started doing the EXACT same thing...that is of course after Bear Sterns started doing it and because they weren't really a bank didn't have to report it ... Yeah...
The plot thickens...
https://joelange.substack.com/p/silver-is-the-key
Anyone else see that hot manbod? And could only think about that?
No homo. No gay and retarted
Brad Pitt from Fight Club. The author uses it as his online identifier.
At first I was surprised that a bank would support Trump, but then I realized they will be going bankrupt and only the Fed will win. That's how Ponzi schemes work, right? And that's an interesting chart! Notice how all the job growth is government supported, right at election times?
Sounds like somebody finally admitted they're awake.