Ok, but, the level of underground P2P crypto you're suggesting would likely be difficult if not impossible for 90% of those who currently hold crypto.
It could easily be integrated with the drug dealers and "knowing a guy" from your local crypto meetup. Or just talking to your next door neighbor and trading services/resources for crypto.
There's not going to be some magical surge of people willing to go off the grid w/ advanced crypto P2P. Especially if the value tanks as a result.
I disagree. When people realize how worthless their dollars are and there are alternatives, they will run for the alternatives. First will be gold & silver but because of high security costs, transportation costs, and needing to trust a 3rd party over long distance transactions, gold and silver will just be used for local transactions.
The more stable the electricity and internet is, the more likely people are to go into crypto. What the govt will do to the people when the dollar collapses will be like murder. People will rebel and move off grid en masse whether boomers like it or not. Boomers will have lost their entire retirement accounts unless they're in gold, silver, crypto so they won't have much of a say anymore.
LOL what a meme
On top research tools, I want to add in there Squawker app for X
https://github.com/j-fbriere/squawker
This is a free private wrapper of Twitter I've been using for years. I can categorize my Twitter feeds (Economic News, Great Awakening News, Frog Twitter, Crypto News, Etc) , I can save posts I like. I can also export my subscriptions and share them with someone else who uses Squawker. Its like X Lists and its extremely useful for getting new information that's happening. Its made to be used on my phone, it doesn't suck as much battery as the Twitter App.
Originally it was. Called Fritter and the guy making it gave up after all the Twitter changes so another guy j-fbriere is working on it now.
Download the APK type based on your Android phone, I have a newer one so I use
squawker-v3.7.8_arm64-v8a.apk
You need an Android phone. You need a Twitter account to login, can be a throwaway. Theres also some settings to put in once you give a login. Under Groups or Feed go to the Gear symbol for settings on the top right corner.
https://files.catbox.moe/70wt3k.png
Then go to General Settings
https://files.catbox.moe/g65jy9.png
Then make changes to Feed and X API
https://files.catbox.moe/dxmah6.png
My Economic News feed is top notch and I highly recommend for being able to look at on the go and curate accounts for your news feed for any topic.
Gold and silver won't be confiscated again like in the 1930s because so little of the wealth is in gold and silver. Also you can easily hide gold and silver.
It'll be stocks, bonds, etfs, aka securities that will be confiscated and the DRS isn't enough to protect you from that. You need a physical paper stock directly from the DTCC, not a DRS certificate from the brokerage.
Some have proposed similar security concerns with Crypto. In that it could be confiscated and/or totally frozen.
The only way for the government to freeze your crypto is to shut off electricity or internet where you're at. If you just go somewhere with electricity and internet, you're fine. They can't stop people trading person to person and they can't really monitor it well either. They can just see it's going on but they don't necessarily know who it is if you're doing it right.
Hiding your paper pass and key phrase for wallets is much simpler than hiding gold and silver.
What a sad guru
This is exactly why GME apes say to DRS and book shares. It removes them from the DTCC and puts the shares in the shareholder’s name instead of the broker’s in Computershare.
Do you get the paper stocks with unique ID because from everything I've seen so far you don't when you DRS. You may get off the brokers in Computershare but the DTCC is the Central Clearing Party above brokerages. They are the legal owner of the stock and there is no way around that. You can move up the hierarchy on top of the brokerages with DRS but not the DTCC which is the top of the hierarchy. You just own a "security entitlement'.
Deleted Yale Law Study showing who the owners of your securities are.
Chapter 12 - "Street Name" Registration & The Proxy Solicitation Process by John C. Wilcox, John J. Purcell III, and Hye Won Choi
1st Diagram on Page 24 https://web.archive.org/web/20100714050340/https://law.yale.edu/documents/pdf/cbl/Wilcox_streetname.pdf
http://www.getfilings.com/sec-filings/101202/RJO-GLOBAL-TRUST_S-1/
It won't happen until all are drained. I would take a look at The Great Taking, any stocks you have left can be legally taken by the DTCC. You don't have access to paper stocks and paper stocks are the only way to have ownership even after going through all the bullshit for GME/AMC
https://www.youtube.com/watch?v=dk3AVceraTI
I wouldnt put my money in a MOASS but I would put it in Gold, Silver, and Crypto.
There's still a couple of big liquidity wells drying up!
- Look at Japan Central Bank ending their negative interest rate for bonds
ZEROHEDGE: Bank Of Japan (Finally) Kills The World's Last Negative Interest Rate, Yen Weakens
By hiking rates Japan is finally killing the Yen Carry Trade, +150 Yen here we go.
How many will understand the importance of the negative rate to the derivatives complex?
THE #BOJ DILEMMA – SAVE #JAPAN OR THE GLOBAL #STOCKS BUBBLE
https://justdario.com/2024/03/the-boj-dilemma-save-japan-or-the-global-stocks-bubble/
Japan is collapsing, they are essentially at 300% debt to GDP according to the US debt clock.
https://www.usdebtclock.org/world-debt-clock.html
My guess of the order dominos fall
Japan -> Europe -> USA
- Look for the Reverse Repo drying up! US Treasury is trading 1 yr bonds and under for money in the Reverse Repo market. When that dries up, they'll have to start selling these bonds on the open market. This will overwhelm Treasury Bond buyers and will cause the value of the bonds to fall and the yields (interest rate on the bonds) to rise!
- The Reverse Repo market is at $496 billion left down from 2.25 Trillion in May-June 2023.
https://fred.stlouisfed.org/series/RRPTTLD/
The US Treasury uses this as a consequence free way to needlessly borrow money without it affecting US Treasury Bonds. US debt hit 34.5 Trillion and continues to rise at a fast rate. https://www.usdebtclock.org/.
BONUS: 10 Trillion dollars in bonds or about 1/3 of the Federal Government debt are rolling over this year (old treasury bond appreciates and a new treasury bond is made or rolled over, the debt just gets recycled but the bonds have to be bought on the open market).
How do you think that'll play out?
$10 Trillion in New Treasuries will be Issued this Year | Heresy Financial
https://www.youtube.com/watch?v=G5F9Ec8GoeU
$10 Trillion in US Bonds up for Sale in 2024!!
The liquidity wells will dry up before there is a collapse. Liquidity is the lubricant that keeps the economic machine running and it's running out but will take time to completely dry up.
A bold statement but ill say the unwinding of the Japanese Carry Trade spells the end of the Derivatives Market. The Japanese Carry Trade drying up is a trigger for the derivatives dominoes to fall! What we come out with on the other side is anyone's guess but chaos will ensue for a time period.
I predict gold and silver will go up for local transactions and will be followed later by crypto for long distance/international transactions.
That's how the Chinese govt is. They gotta weigh between keeping more resources (people) with the possibility of rebelling of quickly killing off a large population and losing resources in the process.
My theory for awhile has been that China will not invade Taiwan but instead invade the "stan" countries involved in the Belt and Road initiative. There were provisions in the loan that said that if those countries don't make interest payments, the infrastructure in that country being funded by the Chinese Belt and Road goes to China. This will cause an uprising that Chinese would put down by force.
The loans are made in US dollars so these countries like Pakistan owes China in $US. As the liquidity tightens up from defaults and the Federal Reserve tightening money supply, those countries won't be able to pay those loans and China will have its excuse to take from their country.
This solves a problem for the Chinese govt having unmarried military aged men because so many families killed the girls during the one-child policy. The numbers would never be skewed like this naturally.
Invading Chinese can kill the men and marry the "Stan" countries' women and start a family. This would make rebelling against the CCP much less probable when shit really hits the fan worldwide.
The Chinese military would also get easy training and experience for invading Taiwan if they later decide to actually go through with it.
USA is not likely at all to care about the "stan" countries. Actually the only ones who might would be Russia and India. India would be their biggest block and I'm not actually sure how they'll get around that. Indians have a similarly sized population and their men have a lot more testosterone than Chinese wimps.
On the other hand, if Chinese govt wants to just quickly kill off the extra chinese men to stop them from rebelling against CCP later, they can invade Taiwan sooner but it'd be a waste overall.
Fake and ghey
I anticipate the real thing soon!
Thank you! I'll be praying for you too, I wish you the best!
I just graduated school and have been living in my car since January, you are not alone!
I've got a goal of growing into the job/career I want and it doesn't suck so bad right now even though the situation is far from ideal or comfortable.
Best advice I can give is try to pursue some kind of goal where you're growing in some way rather than just maintaining what you have. I hope that helps.
Thank you! I'm glad you like!
If youre interested in more, I recommend listening to this podcast that I heard today:
(22 min - 5min of commercials) Financial Heresy: The Treasury Market is Beginning to Fail
Episode webpage: https://omny.fm/shows/financial-heresy/the-treasury-market-is-beginning-to-fail
Another more lengthy one I recommend starting at 24:50. The monetary base is the reserves of the fed and currency and coins in circulation. That is the only money that actually exists.
(1hr 10min) The Human Action Podcast: The Fed's Milkshake Brings All the Foreigners to the Yard
Episode webpage: https://mises.org/podcasts/human-action-podcast/feds-milkshake-brings-all-foreigners-yard
Media file: https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2024-03/HAPod-437-20240301.mp3
This was planned long ago.
There are 4 major sources of liquidity I'm looking at drying up this year. 2 are now gone.
- Evergrande finally got liquidated on January 29, 2024. That means this will finally show up as a loss on banks assets.
Deutsche Bank finally started lawyering up and filing liquidation lawsuits last week so it's assumed are heavily affected by Chinese Real Estate companies defaulting. https://www.youtube.com/watch?v=zUdUa4mBQGI
-
Today the Bank Term Funding Program (BTFP) ends, a year after it started due to the Silicon Valley and Signature Bank Run. This kept liquidity going for all the banks that were underwater from US Treasuries dropping in value on their asset books. If they can't pay off the loan, the Federal Reserve takes the Treasury Bond collateral.
-
The Reverse Repo market is at $444 billion left down from 2.5 Trillion in May-June 2023. https://fred.stlouisfed.org/series/RRPTTLD/ The US Treasury uses this as a consequence free way to needlessly borrow money without it affecting US Treasury Bonds. US debt hit 34.5 Trillion and continues to rise at a fast rate. https://www.usdebtclock.org/
-
The unwinding of the Japanese Carry Trade is the 4th and arguably biggest liquidity well to dry up. I currently don't have a good way of monitoring the progress other than looking at JPY-USD price https://www.tradingview.com/symbols/USDJPY/
as well as Japanese Bond rates. https://www.tradingview.com/markets/bonds/prices-japan/
When USD-JPY starts going north of 150 or the bond yields start jumping dramatically, that's the time to pay attention.
Liquidity is the name of the game for keeping the world and US economy rolling. When that lubrication is gone, the gears grind up and something breaks and the system crashes.
My private twitter wrapper app isn't working like usual so I gotta actually log into twitter 😮💨 I need to make a fake account
But yeah when I show this video to other people, it doesn't convey an enormous protest in Germany. I'm just saying there could be a better video.
I'm not gonna lie, that video is a little underwhelming in my eyes. Does anyone have any better vids?
It supposeely only has 210 views on YouTube and is 3 years old
That shit is hilarious 😆
That was pretty great!
Did you make that video?
He didn't say "The West is controlled by Satanic pedophiles but I agree with what he did say
It seems like a new banking system backed by something tangible again like how it was in the 1800's and prior would be a good move
Yes but you need:
- a way of transacting it efficiently
- a way of publicly auditing the reserves by anybody
- a way of making it secure
Yes! Thank you for stickying this mods! And thank you for saying this u/queue-anon
This is why the Founding Fathers gave us a representative republic. We have not had a true Representative Republic since the House of Representatives was limited to 435 members, the original ratio was 1 Representative to 40,000 voters
This was around 1911, just in time for the Federal Reserve.
If today each representative was to represent 40,000 people, we would have over 10x the representatives. They could do their meetings via internet so there is not a limit representatives can have to conduct business.
This looks like an interesting article by Peruvian Bull concerning DRS and DTCC.
From a quick glance, it looks like even with DRS, DTCC still has control of your stocks. I'm gonna read more and post quotes that interest me.
u/ObviousStatementMan
u/Keep-America-Great45
From our discussion here
https://greatawakening.win/p/17siEeLfAG/federal-reserve-ended-its-fiat-u/