Digital Currency

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Crypto Currency is a gamble and to be avoided as the dividends from this type of investing can be sporadic at best....to loosing ya shorts....however CBDC has the potential to become a different kind of beast especially in the wrong type of governance

"Central Bank Digital Currency"
Simply put...imo has the potential to be switched off like a light and could very well be used and abused as a control mechanism.

The W.E.F are pushing hard for a full global implementation of CBDC and the financial carnage we are experiencing is triggering a transition based on the current news articles.

Their controlled media will make it look so easy and convenient to the gullible....lets just see how their PLAN develops đź‘€

Would you put any of this financial carnage down to incompetence. ??
I believe its all planned !!

www.atlanticcouncil.org

Central Bank Digital Currency Tracker

Our flagship Central Bank Digital Currency (CBDC) Tracker takes you inside the rapid evolution of money all over the world. The interactive database now tracks over 130 countries— triple the number of countries we first identified as being active in CBDC development in 2020.
www.atlanticcouncil.org www.atlanticcouncil.org
 
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KiwiShane said:
"Central Bank Digital Currency"
Simply put...imo has the potential to be switched off like a light and could very well be used and abused as a control mechanism.

The W.E.F are pushing hard for a full global implementation of CBDC and the financial carnage we are experiencing is triggering a transition based on the current news articles.
Click to expand...
I didn't even like it when my company went to direct deposit but I suppose all currency has to be taken on faith. The US feds are doing all they can to make cold hard cash not worth the paper its printed on as it is now. I hear ads about investing in precious metals but again, like our Nortons, it's only worth what someone is willing to give for it. I'm starting to think the only precious metals worth having are lead, brass, and steel.
 
Its a tax dodge.
Extremely volatile.
Who oversees/regulates the management of so called crypto funds and their deceptively titled securities?
Ask any Crypto fund if they intermingle customer cash and so called "secured" investments. There should be only one answer.
Not secured nor regulated by the SEC (nor anyone else) at least, in the US.
What do you buy? What do you own? How does your so-called "investment" grow??
Its only worth is if someone is willing to pay you more for your holdings than you paid to get in...good luck with that.
The securities exchange commission was formed for a reason...to protect customers and investors. Although at times they have failed miserably...see Madoff as just one example.
Ask who is overseeing the regulation/discipline within said crypto company...the CEO? And you trust this guy completely with your hard earned cash?
I remember a company called Enron and federal oversight was supposed to be in place.
When you get hosed for big/suspicious losses in Crypto, where do you turn?
Pyramid scheme, up and down.
 
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MikeG said:
I didn't even like it when my company went to direct deposit but I suppose all currency has to be taken on faith. The US feds are doing all they can to make cold hard cash not worth the paper its printed on as it is now. I hear ads about investing in precious metals but again, like our Nortons, it's only worth what someone is willing to give for it. I'm starting to think the only precious metals worth having are lead, brass, and steel.
Click to expand...
My sister recently converted all her retirement savings over to bullion.
I told her not to expect much/any returns as it is GREED that got us to this place right now.... her/our conversion will be safer in the long run i believe
It does fluctuate/increase more so in times of war....this war we are in hasn't got to the kinetic stage yet.. but I do see the increase in alternative metals such as lead brass n steel.
 
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Lineslinger said:
Its a tax dodge.
Extremely volatile.
Who oversees/regulates the management of so called crypto funds and their deceptively titled securities?
Ask any Crypto fund if they intermingle customer cash and so called "secured" investments. There should be only one answer.
Not secured nor regulated by the SEC (nor anyone else) at least, in the US.
What do you buy? What do you own? How does your so-called "investment" grow??
Its only worth a #hit if someone is willing to pay you more for your holdings than you paid to get in...good luck with that.
The securities exchange commission was formed for a reason...to protect customers and investors. Although at times they have failed miserably...see Madoff as just one example.
Ask who is overseeing the regulation/discipline within said crypto company...the CEO? And you trust this guy completely with your hard earned cash?
I remember a company called Enron and federal oversight was supposed to be in place.
You get hose for big/suspicious losses in Crypto where do you turn?
Pyramid scheme, up and down.
Click to expand...
The FTX Crypto money laundering operation that has recently hit the headlines should put anyone off the implementation of Central Bank Digital Currency... to think U.S tax payers money that was sent to Ukraine was then sent back to support political campaigns and other candidates/ doners......Is it a coincidence this Sam joker was arrested in the Bahamas the day before he was to answer to a congressional investigative body....I think not... that exposure would make the American tax payers blood boil
apnews.com

FTX founder charged in scheme to defraud crypto investors

The U.S. government charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday.
apnews.com apnews.com
 
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KiwiShane said:
The STX Crypto money laundering operation that has recently hit the headlines should put anyone off the implementation of Central Bank Digital Currency... to think U.S tax payers money that was sent to Ukraine was then sent back to support political campaigns and other candidates/ doners......Is it a coincidence this Sam joker was arrested in the Bahamas the day before he was to answer to a congressional investigative body....I think not... that exposure would make the American tax payers blood boil
apnews.com

FTX founder charged in scheme to defraud crypto investors

The U.S. government charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday.
apnews.com apnews.com
Click to expand...
Oh there was much purpose to the timing of his arrest and incarceration. Unique timing that arrest and looming extradition happened the day before he was scheduled to appear before the senate (do - nothing) finance committee. That committee is the usual political clap and thunder with nothing coming to fruition...except maybe Waters wig will fall off at some point. She was off her rocker pissed about the timing of his arrest, undermined her "I am important" posturing.

You make a sound point regarding money laundering which I left out of my comments along with it being the preferred currency used for human smuggling.
 
This FTX scam has many tentacles that alot of folk are not truly aware of YET....sadly the impact this has had on humanity is not really investigated/ reported/mentioned by msm.
 

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One of the key risks of crypto is that there is no government regulation.
Some may say that's a good thing, and I partially agree, but the downside is that it's very volatile.
If there was a very substantial uptake it could easily pose a significant risk to the worldwide economy.
I am not a conspiracy theorist but I could see how it could be manipulated for the benefit of a few to the detriment of many.
Just like has been done with the Fed (US). Still can't believe the financial control mechanism in "the states" is a private organisation owned and run by the super-wealthy!
Cheers
 
This simple meme illustrates one conspiracy... that is no longer a theory in this FXT crypto case.
More to come in January....
 

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I was thinking Central Bank Digital Currency when I originated this thread.

As for crypto currency.... I am with Robs ss ..... avoid like the plague, and grandpaul

..... run like hell.

As for CBDC, I am gratified to see that many on this Forum are astute enough to see it for what it is ....a goverment scam to control the people, and print, or create, money at will with no sound basis, and possibly abuse the people. No one as yet, has mentioned the complete loss of privacy that would ensue ... the govt would know how and where you spend your money, which would tell them your political affiliation, your ideology, ( conservative or liberal) your hobbies and interests,

I am amazed that certain foreigners, e.g. kiwishane, have a better understanding of the US body politic than most Americans. This is gratifying and gives me hope that CBDC will not become fact.

Keep your thoughts and opinions coming.

Slick
 
texasSlick said:
I was thinking Central Bank Digital Currency when I originated this thread.

As for crypto currency.... I am with Robs ss ..... avoid like the plague, and grandpaul

..... run like hell.

As for CBDC, I am gratified to see that many on this Forum are astute enough to see it for what it is ....a goverment scam to control the people, and print, or create, money at will with no sound basis, and possibly abuse the people. No one as yet, has mentioned the complete loss of privacy that would ensue ... the govt would know how and where you spend your money, which would tell them your political affiliation, your ideology, ( conservative or liberal) your hobbies and interests,

I am amazed that certain foreigners, e.g. kiwishane, have a better understanding of the US body politic than most Americans. This is gratifying and gives me hope that CBDC will not become fact.

Keep your thoughts and opinions coming.

Slick
Click to expand...

texasSlick said:
I was thinking Central Bank Digital Currency when I originated this thread.

As for crypto currency.... I am with Robs ss ..... avoid like the plague, and grandpaul

..... run like hell.

As for CBDC, I am gratified to see that many on this Forum are astute enough to see it for what it is ....a goverment scam to control the people, and print, or create, money at will with no sound basis, and possibly abuse the people. No one as yet, has mentioned the complete loss of privacy that would ensue ... the govt would know how and where you spend your money, which would tell them your political affiliation, your ideology, ( conservative or liberal) your hobbies and interests,

I am amazed that certain foreigners, e.g. kiwishane, have a better understanding of the US body politic than most Americans. This is gratifying and gives me hope that CBDC will not become fact.

Keep your thoughts and opinions coming.

Slick
Click to expand...
The CBDC surveillance tracker is attached (bottom link) that i posted earlier
It also shows you the countries that have launched it etc....invasion of privacy indeed Slick.
As long as the W.E.F flourishes the more of a threat it is...and if America falls we are all screwed.
 
USA went off gold in 1933. Then off silver in 1964-5. No basis in metal of the money system and since then the politicians have willingly gone into debt that will never be settled. Ever. Now they have, or soon will, effectively removed cash. Holding gold will also become pointless because you have to buy and sell at some point and the government will nail you then. If you cannot exchange it, what good is it?
It is a never ending spiral of increasing control over every person on earth. However, the less you have the less it matters. It all looks to me like just a plan to remove the middle class.
Being old isn't all that bad....
 
Onder said:
USA went off gold in 1933. Then off silver in 1964-5. No basis in metal of the money system and since then the politicians have willingly gone into debt that will never be settled. Ever. Now they have, or soon will, effectively removed cash. Holding gold will also become pointless because you have to buy and sell at some point and the government will nail you then. If you cannot exchange it, what good is it?
It is a never ending spiral of increasing control over every person on earth. However, the less you have the less it matters. It all looks to me like just a plan to remove the middle class.
Being old isn't all that bad....
Click to expand...
Its exactly what it is to crush the working man and small business.
The only reason I see bullion as a option is the hope to be able to pass it on to your children etc...The old saying
"Its as safe as money in the bank"
Don't cut it no more !!
Cyber insurance maybe a option

C&P
Gold has traditionally been considered a safe haven during periods of instability, whether it be economic or political.
 
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Control oil and you control nations, control food and you control people.

,,,,,,,,,, Henry Kissenger


Control money and you control the world.

....... Ron Paul

Control all of those and you have the WEF agenda. Oops, I forgot to include firearms, without control of those, the WEF might lose control of everything.

.......... Slick
 
texasSlick said:
Control oil and you control nations, control food and you control people.

,,,,,,,,,, Henry Kissenger


Control money and you control the world.

....... Ron Paul

Control all of those and you have the WEF agenda. Oops, I forgot to include firearms, without control of those, the WEF might lose control of everything.

.......... Slick
Click to expand...
Amen
Its very refreshing to know...that you know whats going down Slick.
 

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