Bravo! This article prompted me to upgrade and I'm not even into crypto. I was considering it though.
“Until you change how money works, you change nothing." RIP Michael C. Ruppert
So, finally, we may yet see the real change that the world needs. And I'm not telling about cbdc's. Money as we know it will be radically transformed. Why? Beca…
Bravo! This article prompted me to upgrade and I'm not even into crypto. I was considering it though.
“Until you change how money works, you change nothing." RIP Michael C. Ruppert
So, finally, we may yet see the real change that the world needs. And I'm not telling about cbdc's. Money as we know it will be radically transformed. Why? Because wealthy people will finally be joining the ranks of the rest of us and may finally understand the connection between control of one's own resources and freedom. They may, we hope, recognize how power resides in the people who will already be fighting against the oligarchs who will be defenceless against these freedom fighters.
Fiat issued by a private central bank is the antithesis of freedom.
A parallel economy outside the legacy banking/gov system comprised of crypto, physical assets and barter is the solution. Decentralization defeats centralization.
We can't solve our problems with the same thinking that created them.
How stable, non-centralized asset-backed money CAN be re-invented described in great detail. See moneyasdebt.net
The author wrote: "For this reason, crypto experts tell Revolver that “true-believers” in crypto often turn a blind eye to the dark and damning questions surrounding Tether due to the implications this would have on the entire crypto project."
The whole world, due to its fundamental ignorance of what conventional money is, fails to understand that ALL speculative crypto is "fake money creation". It is theft for the same reason counterfeiting $100 bills is theft.
The simple and unavoidable truth is that such cryptocurrencies lay their claims on limited real world production in with the claims in conventional money of those who actually produced it. This is dividing the same pie into more pieces, the fifth piece being unearned, i.e. stolen.
Bravo! This article prompted me to upgrade and I'm not even into crypto. I was considering it though.
“Until you change how money works, you change nothing." RIP Michael C. Ruppert
So, finally, we may yet see the real change that the world needs. And I'm not telling about cbdc's. Money as we know it will be radically transformed. Why? Because wealthy people will finally be joining the ranks of the rest of us and may finally understand the connection between control of one's own resources and freedom. They may, we hope, recognize how power resides in the people who will already be fighting against the oligarchs who will be defenceless against these freedom fighters.
What a time to be alive!
Thank you.
Fiat issued by a private central bank is the antithesis of freedom.
A parallel economy outside the legacy banking/gov system comprised of crypto, physical assets and barter is the solution. Decentralization defeats centralization.
We can't solve our problems with the same thinking that created them.
How stable, non-centralized asset-backed money CAN be re-invented described in great detail. See moneyasdebt.net
The author wrote: "For this reason, crypto experts tell Revolver that “true-believers” in crypto often turn a blind eye to the dark and damning questions surrounding Tether due to the implications this would have on the entire crypto project."
The whole world, due to its fundamental ignorance of what conventional money is, fails to understand that ALL speculative crypto is "fake money creation". It is theft for the same reason counterfeiting $100 bills is theft.
Bitcoin and all such cryptocurrencies are theft
http://paulgrignon.netfirms.com/MoneyasDebt/2019/cryptocounterfeit.pdf
The simple and unavoidable truth is that such cryptocurrencies lay their claims on limited real world production in with the claims in conventional money of those who actually produced it. This is dividing the same pie into more pieces, the fifth piece being unearned, i.e. stolen.
Yes!