Admission from the Bank of America: DOGE is desperately needed as the alternative is catastrophic.
(twitter.com)
🚀 PRECIPICE 🚀
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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.
If it's anonymous how will they be able to track down human bad guys?
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.