this is just an ad to "buy moar crypto" as far as i am concerned. you know, buy the thing with no inherent value with the thing you just said is trash and has no value smh why are people so blind to how both systems are a complete sham as is? it is obvious schools stopped teaching about sound money a long long time ago. any and all monetary systems that is not made up of a currency whose value is anchored by scarcity and resistant to arbitrary expansion or tied to a hard asset or strict supply rules, well it isn't sound money. it preserves purchasing power over time and limits manipulation from both the inside and outside. there is a reason 'they' fought so hard to remove the gold standard in the first place. today's crypto is unamerican and why it is allowed to be pushed so adamantly and fervently on here in the way it is baffles me.
back to my original question: why are people so blind to how both systems are a complete sham as is? mammon that's why.
repeal the federal reserve act and get back to the basics
article I, section 8, clause 5 gives congress the power “to coin Money, regulate the Value thereof, and of foreign Coin.
i am pretty confident our Founders did not envision 0s and 1s would be called "coins" two centuries later
Article I, Section 10 prohibits states from “coining Money; emitting Bills of Credit; [or] making any Thing but gold and silver Coin a Tender in Payment of Debts.” for my 10th amendment lads and lasses
No currency has inherent value. They’re all subjective.
any and all monetary systems that is not made up of a currency whose value is anchored by scarcity and resistant to arbitrary expansion or tied to a hard asset or strict supply rules, well it isn't sound money.
You need to read more on crypto. In some ways, it’s a sounder monetary system than metals, but there are definitely tradeoffs involved.
any and all monetary systems that is not made up of a currency whose value is anchored by scarcity and resistant to arbitrary expansion or tied to a hard asset or strict supply rules, well it isn't sound money. it preserves purchasing power over time and limits manipulation from both the inside and outside.
How does it not fill those claims?
scarce
strict supply
limits manipulation
preserves purchasing power
Unless you mean perhaps Layer 2, which I agree is crap (with Bitcoin Layer 1 not being sufficiently scalable to support needed transaction quantity - I.e. “Bitcoin” is not the answer), and I also agree it is not presently a constitutional money or tender for debts.
scarce - new memecoins daily, all now being purchased secondhand with fiat. worthless.
strict supply - see scarce
limits manipulation - do you believe whales aren't buying and selling to move crypto markets or does that only happen in the stock market? rhetorical : it happens in crypto and those watching the markets the last couple months know this.
preserves purchasing power - see scarce
now, had coins been solely available through mining and mining alone, i jump on the train quick however reality sets in. knowing that most modern transactions are using worthless fiat (literal debt) to purchase an overinflated virtual "asset" that is the product of a mathematical equation is, to me, moronic. more fiat purchases = more "value" given to that "asset" because the general population is too retarded to understand the "money" they are using in the first place is literally worth less than monopoly money. (zero > in the red). it is literally buying thin air with debt and everyone says "yeah! we are rich!". make it make sense.
here's a question for you. everyone adopts crypto. oh no! hurricanes, tornadoes, and california mismanaged power systems oh my! during a power outage, which is worth more? $20 million in dogecoin or $5 of gold?
people IN power can control POWER.
if i cannot physically touch it whenever i want, i do not want it, especially if its value was propped up by millions of transactions using taxpayer IOU fed bucks, regardless of how much trump or anyone else tells me how great it is.
we need a monetary system based on a physical accountability system much like the old gold standard.
Wasn’t entirely disagreeing, I get your points, but yeah do disagree on several of them, save the points on power outages and physical linkages.
TBD where things should end up, I don’t claim to know I’m right on the big picture, as it’s too complex.
Imo the best compromise seems to be to end up in a system with both physical and crypto, where crypto serves more of an accounting/distance transfer/account reconciliation function, to limit costs on unnecessary physical transfer of physical assets + have a better idea of how much there actually is, and possibly some lesser ledger to serve as a sort of debit card against validated assets.
Im pretty versed in both metals and crypto. Crypto needs computing. Computing is a critical node which is easily compromisable. Gold and silver, well there will be a time when everyone will be trying to get their hands on it. Crypto simply needs another blockchain platform to make a new one. If people can just make another nonfungible token what goodnis it. You cant do that with metals and the comex just proved what a scam it was and now my silver is almost 60 bucks an ounce and my gold over 4k. Bu the way this reset is n historical and ifnyiu are prepared there is a lot of money to be made.
today's crypto is unamerican and why it is allowed to be pushed so adamantly and fervently on here in the way it is baffles me.
I'm not into crypto either but I bet the answer is because Trump adamantly endorses it, and two of his sons have a crypto company too
According to Bill Maher, "Cryptocurrency uses more energy than Netflix, Apple, Google, Facebook, and Microsoft COMBINED; yet young people couldn't love it more if it came with a slice of avocado toast."
Property taxes need to be abolished. Any money needed for local emergency services and parks needs to come from a simple, straightforward tax not related to property. "Public education" needs to disappear.
Ending fiat currency solves this problem. The answer is not create another fiat currency that happens to be electronic.
Constitutional money is the only answer. Gold and silver coin in specific weights. It wouldn’t be as inconvenient as people think when you can bring home a weeks worth of groceries with couple silver dollar coins and a couple quarters. (FYI, the current worth of one 90% silver dime is $3.86 based on a silver spot of $53.35/oz.)
I understand the level of criminality the system represents and in my opinion three things need to happen regardless of the new system that replaces it. 1. The Fed needs to have a bankruptcy leveraged against it pushed out to 100 years or preferable 1K years. 2. The criminality needs to be held to account and that means generations. Here the objective is restitution and that means asset/estate seizure. 3 Restitution spanning all generations, going back to 1913 forward. Debt obviously would be eliminated for all, except those convicted and imprisoned.
The crime is so vast, it needs to be resolved all at once. Restoration of the Republic depends on it. And its important to specify, these will be working jails, not places to occupy space. That becomes our free workforce to rebuild.
Lastly I had accepted the block chain idea, however, with the developments in AI, it has proven that encryption is virtually impossible. So that is an entirely new dilemma.
I've proposed a 1000 year Line of Credit. A 4 Quadrillion dollar interest free Loan Humanity Floats to rescue all the Nations from Globalists. Use it to build Infrastructure projects that employ the Masses and brings Humanity Light Years ahead. The USA and Canada will Administer the Fund. This will create a new Industry that offers wealth and new jobs for Generations. It will be done in Partnership with the Churches ( Accounting )The Navy (Technology) and the People. This is the best way forward.
A very doable Rescue Remedy. Everyone has a role to play in the success of the switch over to the a new system. It will be an exciting & exhilarating time for Humanity.
For the life of me I don't understand these people trying to shill a government shitcoin as the future. If they're in charge of it, it's not different than a printable dollar. Also, being able to track where every cent goes in real time is not a selling point because we all know it'll only ever be applied in one direction; down on us.
You guys happen to see the price of silver today? That's my choice. I do, however, have a bit of crypto, just to play with. But I'll stick with what's been around for 1000s of years.
Guys this is the "Beast World Currency System" launched. We are at the end. Tribulation is ready to begin. Watch for mass destruction via quakes and volcanoes very soon to force everyone left onto this system.
I just don't get the mouth foaming over digital money. People are losing their minds thinking about getting rich. Nothing wrong with crypto existing but moving our corrupt system into a digital system run by the same banksters, Jews, and elites is slickening.
No monetary system will work unless it's trusted and mass confidence exists. These many alternatives are the crap thrown at the wall to see what sticks. All digitals are just a different name for CDBC. The failure to implement the BASEL III & IV Accords are the failure of the Central Banks to comply, and their attempts to regulate cryptos is an attempt to control all monetary systems in any form. The FED (Central Banks) are the problem.
Audit the FED, recover the "Post Office" , abolish the USPS and the FED. The infrastructure is there, it just needs to be captured and utilized correctly.
Provided the Fiat system is done and there is a return to an asset backed (gold standard) monetary system, or currency is a thing of the past.
Revaluing Gold serves no purpose but to refinance debt. By all known measures, if gold is less per ounce then the $ is strong, not worth more. More dollars to buy the same ounce of gold does not signify higher value, it only serves to lock in the inflation that has accumulated.
We need a monetary system where you spent $1 and get $2 back for future purchases. $1 is real gold backed currency and the $2 is crypto. Everyone builds their crypto accounts whilst earning and spending real gold backed currency. Spend your crypto and its gone. Spend your gold backed dollars and its got a 2 to 1 return on every dollar spent - in crypto. Then leave it up to the markets on how they want to use dollars and crypto in purchasing. International exchanges happen only in crypto and dollars are kept circulating at home. The gold never leaves. Double America's purchasing power by introducing crypto for every dollar spent. Buy a home for $1 million gold backed currency and instantly recieve $2 million in crypto return. Now you can furnish said home and car and all the trimmings that $2 million in crypto can buy - but once its spent, its gone. You must work to earn the gold backed dollars. Only then can they be exchanged for double the amount of crypto if one chooses, doubling their purchasing power instantly. Markets will sort out the rest.
It’s incredible how on one hand we are being set free from the bounds of an insidious debtors economy, while simultaneously being presented with a route to generational wealth that most would never dream actually possible..
The Stablecoin Act has not passed Congress yet and we don’t know what’s in it
It’s going to take many years, probably decades to switch over to DLT
The banking elite won’t take this sitting down. They will fight.
One way to fight is to crash the economy and buy up people’s assets for pennies on the dollar. Assets like houses, stocks and crypto.
One thing people are missing in this thread: Tokenization allows crypto to be backed by gold, which fixes gold’s problems as a monetary base by allowing to be sent across the world in seconds and divided down to fractions of a penny. Congress would have to do that itself for it to be fully constitutional.
Congress creating its own gold-backed crypto token (presumably on Ethereum) is probably a ways off.
your comment is pretty well thought out though based on constitutional language i do not see a legal pathway for crypto to ever be produced or even used as a financial tool within our Treasury however i can see a new system that is physical, backed by physical that can work in conjunction with crypto economically but it would have to obviously limited according to physical holdings where it's value is dictated solely on physical holdings supply. nothing can happen until we end our relationship with fractional reserve central banking.
I’m positively retarded when it comes to finance, markets, global political financial games, manipulation etc. my brain just short circuits and melts trying to make sense of it. I’m kinda glad for that tbh.
The "subject" of finance, global markets etc could put a crystal meth tweaker into a coma.
The whole field is a fugazi so the joke is on the economists who seem to think that it's legit. Economists make accountants look like test pilots. John Kenneth Galbraith could instantly render a pussy dry that is protected by a hazardous materials suit and residing on another entire continent. His whole field of endevour has a similar effect on my mind which just spontaneously recoils at the a-priori level, like a round worm turning away from pain.
My brain seems to instinctively know when a field is complete horseshit and then it refuses to imbibe it.
I am with you......and you sir are a steely eyed missile man.
I just spent the last half hour emailing this to my entire contact list and I posted this on 7 other platforms multiple times using different accounts.
I didn’t get a warm fuzzy feeling while reading this.
this is just an ad to "buy moar crypto" as far as i am concerned. you know, buy the thing with no inherent value with the thing you just said is trash and has no value smh why are people so blind to how both systems are a complete sham as is? it is obvious schools stopped teaching about sound money a long long time ago. any and all monetary systems that is not made up of a currency whose value is anchored by scarcity and resistant to arbitrary expansion or tied to a hard asset or strict supply rules, well it isn't sound money. it preserves purchasing power over time and limits manipulation from both the inside and outside. there is a reason 'they' fought so hard to remove the gold standard in the first place. today's crypto is unamerican and why it is allowed to be pushed so adamantly and fervently on here in the way it is baffles me.
back to my original question: why are people so blind to how both systems are a complete sham as is? mammon that's why.
repeal the federal reserve act and get back to the basics
article I, section 8, clause 5 gives congress the power “to coin Money, regulate the Value thereof, and of foreign Coin.
i am pretty confident our Founders did not envision 0s and 1s would be called "coins" two centuries later
Article I, Section 10 prohibits states from “coining Money; emitting Bills of Credit; [or] making any Thing but gold and silver Coin a Tender in Payment of Debts.” for my 10th amendment lads and lasses
I kind of thought that one of the intentions of the Q operation was to get back to US Treasury bills.
back to the basics
Skynet Watch going brrrrrt 🖲️
If I'm not mistaken, that was JFK's intention as well.
It was, I have US Treasury Notes that prove it.
The treasury will produce dividend dollars. Instead of decreasing they increase tied to the gdp. Limited printing.
No currency has inherent value. They’re all subjective.
You need to read more on crypto. In some ways, it’s a sounder monetary system than metals, but there are definitely tradeoffs involved.
i've been reading about crypto since 2009. nothing i have read has changed my point of view about it or its unconstitutionality.
They just insist on changing definitions. It's their fundamental tool.
"Come on, let us go down, and there confound their language, that everyone perceive not another’s speech." ---Genesis 11:7
How does it not fill those claims?
Unless you mean perhaps Layer 2, which I agree is crap (with Bitcoin Layer 1 not being sufficiently scalable to support needed transaction quantity - I.e. “Bitcoin” is not the answer), and I also agree it is not presently a constitutional money or tender for debts.
scarce - new memecoins daily, all now being purchased secondhand with fiat. worthless.
strict supply - see scarce
limits manipulation - do you believe whales aren't buying and selling to move crypto markets or does that only happen in the stock market? rhetorical : it happens in crypto and those watching the markets the last couple months know this.
preserves purchasing power - see scarce
now, had coins been solely available through mining and mining alone, i jump on the train quick however reality sets in. knowing that most modern transactions are using worthless fiat (literal debt) to purchase an overinflated virtual "asset" that is the product of a mathematical equation is, to me, moronic. more fiat purchases = more "value" given to that "asset" because the general population is too retarded to understand the "money" they are using in the first place is literally worth less than monopoly money. (zero > in the red). it is literally buying thin air with debt and everyone says "yeah! we are rich!". make it make sense.
here's a question for you. everyone adopts crypto. oh no! hurricanes, tornadoes, and california mismanaged power systems oh my! during a power outage, which is worth more? $20 million in dogecoin or $5 of gold?
people IN power can control POWER.
if i cannot physically touch it whenever i want, i do not want it, especially if its value was propped up by millions of transactions using taxpayer IOU fed bucks, regardless of how much trump or anyone else tells me how great it is.
we need a monetary system based on a physical accountability system much like the old gold standard.
we can agree to disagree on crypto, fren.
Wasn’t entirely disagreeing, I get your points, but yeah do disagree on several of them, save the points on power outages and physical linkages.
TBD where things should end up, I don’t claim to know I’m right on the big picture, as it’s too complex.
Imo the best compromise seems to be to end up in a system with both physical and crypto, where crypto serves more of an accounting/distance transfer/account reconciliation function, to limit costs on unnecessary physical transfer of physical assets + have a better idea of how much there actually is, and possibly some lesser ledger to serve as a sort of debit card against validated assets.
the blockchain on paper, is amazing.
so is socialism.
Im pretty versed in both metals and crypto. Crypto needs computing. Computing is a critical node which is easily compromisable. Gold and silver, well there will be a time when everyone will be trying to get their hands on it. Crypto simply needs another blockchain platform to make a new one. If people can just make another nonfungible token what goodnis it. You cant do that with metals and the comex just proved what a scam it was and now my silver is almost 60 bucks an ounce and my gold over 4k. Bu the way this reset is n historical and ifnyiu are prepared there is a lot of money to be made.
Gold/Silver is money.
Crypto is currency, with no backing whatsoever.
gold stablecoin backed by us assets, but ONLY if they come clean and tell us the results of the ft knox audit
if our gov has been lying, then no trust mechanism can exist to back a stablecoin
Free country fren.
I'm not into crypto either but I bet the answer is because Trump adamantly endorses it, and two of his sons have a crypto company too
According to Bill Maher, "Cryptocurrency uses more energy than Netflix, Apple, Google, Facebook, and Microsoft COMBINED; yet young people couldn't love it more if it came with a slice of avocado toast."
I agree with your assessment Buy metals. But the new money system is on the way.
Neither did I. I'll stick to own-your-house-in-full and grow your crops.
Yes you rent the home that YOU own. 👆👆👆
Property taxes need to be abolished. Any money needed for local emergency services and parks needs to come from a simple, straightforward tax not related to property. "Public education" needs to disappear.
Can’t deposit theories in my bank account.
No, me either. So how is this supposed to work? Is it a slick graphic pushing CBDC?
AND YET your bank account loses purchasing power DAILY without you saying s goddamned thing.
no but i open my banking app, scrunch my face and shake my fist a couple times before closing it.
touche
guess we have to keep hodling gold and silver, cats5
Ending fiat currency solves this problem. The answer is not create another fiat currency that happens to be electronic.
Constitutional money is the only answer. Gold and silver coin in specific weights. It wouldn’t be as inconvenient as people think when you can bring home a weeks worth of groceries with couple silver dollar coins and a couple quarters. (FYI, the current worth of one 90% silver dime is $3.86 based on a silver spot of $53.35/oz.)
I understand the level of criminality the system represents and in my opinion three things need to happen regardless of the new system that replaces it. 1. The Fed needs to have a bankruptcy leveraged against it pushed out to 100 years or preferable 1K years. 2. The criminality needs to be held to account and that means generations. Here the objective is restitution and that means asset/estate seizure. 3 Restitution spanning all generations, going back to 1913 forward. Debt obviously would be eliminated for all, except those convicted and imprisoned.
The crime is so vast, it needs to be resolved all at once. Restoration of the Republic depends on it. And its important to specify, these will be working jails, not places to occupy space. That becomes our free workforce to rebuild.
Lastly I had accepted the block chain idea, however, with the developments in AI, it has proven that encryption is virtually impossible. So that is an entirely new dilemma.
I've proposed a 1000 year Line of Credit. A 4 Quadrillion dollar interest free Loan Humanity Floats to rescue all the Nations from Globalists. Use it to build Infrastructure projects that employ the Masses and brings Humanity Light Years ahead. The USA and Canada will Administer the Fund. This will create a new Industry that offers wealth and new jobs for Generations. It will be done in Partnership with the Churches ( Accounting )The Navy (Technology) and the People. This is the best way forward.
Dasting concept!
A very doable Rescue Remedy. Everyone has a role to play in the success of the switch over to the a new system. It will be an exciting & exhilarating time for Humanity.
i'll be honest: i don't hate it.
For the life of me I don't understand these people trying to shill a government shitcoin as the future. If they're in charge of it, it's not different than a printable dollar. Also, being able to track where every cent goes in real time is not a selling point because we all know it'll only ever be applied in one direction; down on us.
You guys happen to see the price of silver today? That's my choice. I do, however, have a bit of crypto, just to play with. But I'll stick with what's been around for 1000s of years.
STEP 1: sell all crypto
STEP 2: buy silver
STEP 3: let financial system reset and buy-in to whatever crypto is left standing on the other side with 25-30% of silver sell-off
STEP 4:
STEP 5: PROFIT
Oops... Did U forget?
u/#q3606
hit the button
bitcoin keeps going down, monero has more than doubled (150 to 430)
proving they are not tethered like bitcoin and 5000+ other shit-yptos
oops $399.75
still tho..
Guys this is the "Beast World Currency System" launched. We are at the end. Tribulation is ready to begin. Watch for mass destruction via quakes and volcanoes very soon to force everyone left onto this system.
IIRC, xrp/ripple has been trying to get into bed with central banks...
I wasn't getting a great feeling reading how they suggest xrp is going to save us all towards the end...
Back to stacking the real...🎵 It's GOT to be REAL 🎵
Where's part 2?
Wait..I'm OP. I saw it, didn't you ?
I just don't get the mouth foaming over digital money. People are losing their minds thinking about getting rich. Nothing wrong with crypto existing but moving our corrupt system into a digital system run by the same banksters, Jews, and elites is slickening.
No monetary system will work unless it's trusted and mass confidence exists. These many alternatives are the crap thrown at the wall to see what sticks. All digitals are just a different name for CDBC. The failure to implement the BASEL III & IV Accords are the failure of the Central Banks to comply, and their attempts to regulate cryptos is an attempt to control all monetary systems in any form. The FED (Central Banks) are the problem. Audit the FED, recover the "Post Office" , abolish the USPS and the FED. The infrastructure is there, it just needs to be captured and utilized correctly. Provided the Fiat system is done and there is a return to an asset backed (gold standard) monetary system, or currency is a thing of the past. Revaluing Gold serves no purpose but to refinance debt. By all known measures, if gold is less per ounce then the $ is strong, not worth more. More dollars to buy the same ounce of gold does not signify higher value, it only serves to lock in the inflation that has accumulated.
https://greatawakening.win/p/199OKVNTZB/what-is-a-dollar-bill/c/
this guy sound monies
And, speaking of dominoes falling...
https://greatawakening.win/p/1ARd3qrqGC/noticed-the-tree-skirt-thing-at-/c/
Bypassing the Central Banks and the Rothschild system looks really good. I wonder what the other shoe will bring when it drops?
(Sometimes all that glitters is not gold!)
We need a monetary system where you spent $1 and get $2 back for future purchases. $1 is real gold backed currency and the $2 is crypto. Everyone builds their crypto accounts whilst earning and spending real gold backed currency. Spend your crypto and its gone. Spend your gold backed dollars and its got a 2 to 1 return on every dollar spent - in crypto. Then leave it up to the markets on how they want to use dollars and crypto in purchasing. International exchanges happen only in crypto and dollars are kept circulating at home. The gold never leaves. Double America's purchasing power by introducing crypto for every dollar spent. Buy a home for $1 million gold backed currency and instantly recieve $2 million in crypto return. Now you can furnish said home and car and all the trimmings that $2 million in crypto can buy - but once its spent, its gone. You must work to earn the gold backed dollars. Only then can they be exchanged for double the amount of crypto if one chooses, doubling their purchasing power instantly. Markets will sort out the rest.
Yes, it is.
It’s incredible how on one hand we are being set free from the bounds of an insidious debtors economy, while simultaneously being presented with a route to generational wealth that most would never dream actually possible..
Grateful, SO DAMN GRATEFUL🤍🦾🇺🇸
Quick thoughts:
your comment is pretty well thought out though based on constitutional language i do not see a legal pathway for crypto to ever be produced or even used as a financial tool within our Treasury however i can see a new system that is physical, backed by physical that can work in conjunction with crypto economically but it would have to obviously limited according to physical holdings where it's value is dictated solely on physical holdings supply. nothing can happen until we end our relationship with fractional reserve central banking.
I’m positively retarded when it comes to finance, markets, global political financial games, manipulation etc. my brain just short circuits and melts trying to make sense of it. I’m kinda glad for that tbh.
The "subject" of finance, global markets etc could put a crystal meth tweaker into a coma.
The whole field is a fugazi so the joke is on the economists who seem to think that it's legit. Economists make accountants look like test pilots. John Kenneth Galbraith could instantly render a pussy dry that is protected by a hazardous materials suit and residing on another entire continent. His whole field of endevour has a similar effect on my mind which just spontaneously recoils at the a-priori level, like a round worm turning away from pain.
My brain seems to instinctively know when a field is complete horseshit and then it refuses to imbibe it.
I am with you......and you sir are a steely eyed missile man.
Ha…! glad I’m not alone. Money, to me, is how much I have sitting in my checking account. The end.
I just spent the last half hour emailing this to my entire contact list and I posted this on 7 other platforms multiple times using different accounts.
Finally.
All the genius act does is disintermediate the stock market and trad brokers
it doesn't actually do anything useful yet for "Money"
gold and silver are money
dollars and euros and yen are money
we don't trust gold and silver etfs any more than gold and silver stablecoins issued by blackrock
we want US gov backed because if it goes down we all go down, not just 'you dumbdumbs who invested in blackrock'
if crypto is a trapdoor all genius act does is push more stuff like tokenized real estate onto said trapdoor
beware!
monero is immune. might be the only legit crypto at this point
Finally, hallelujah....
Trump would do us a very big favor if he got rid of the absurd capital gains on gold