Showing posts with label cryptocurrency. Show all posts
Showing posts with label cryptocurrency. Show all posts

April 19, 2023

Secret ban on your money in progress

South Dakota governor Kristi Noem recently vetoed a state bill on currency redefinition.

March 10, 2022

Central Bank Digital Currency: same as dollars, but way worse

I believe I shared a video a while back about this.  If not there's a good one out there somewhere. Let's Go Brandon's recent discussion on crypto currency is really about trying to replace it with government versions of digital currency.  This is already underway.  It's not about getting into the 21st century, it's about undercutting and disabling a new alternative like Bitcoin.  The government-backed digital currencies are not about to start developing, they are already in development.  They are a new method of control.


It's also really nothing more than replacing dollar bills with digital dollars, where the central government can continue to "print" more on demand.

Faith in the U.S. dollar vs. cryptocurrency

Let's Go Brandon has acknowledged the existence of cryptocurrency.  This has caused a surge in cryptocurrencies.  It doesn't mean the outcome will be friendly to the crypto world, but it does show that crypto has become a stronger footing.  Given all the money printing over the past few years, there's a growing lack of faith in the U.S. dollars. There's a growing concern about stagflation.

What I think this means is a place for parking assets in the face of a looming stock market correction, bear market or crash.  I don't think it's been initiated by Let's Go Brandon, but by interests outside of government, looking for that sort of safe haven possibility in order to not be limited to gold.  Just my two cents. 

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