On the issue of crypto currency, watch the DC voices very closely. They are about to take up legislation on the topic of crypto currency, regulation and overall ramifications therein. Keeping in mind that a dollar-based Central Bank Digital Currency (CBDC) cannot and will not coexist within a financial system that permits the transition (the exchange) of dollars into crypto and vice-versa.
Put simply, in the western financial system, crypto currency cannot exist with a CBDC. Duality of currency is possible outside the West, but not feasible, viable or possible given the political motivations behind the creation of the dollar-based CBDC.
First things first….. Remember just before Super Tuesday 2020 when all the Democrat candidates for the Dem nomination dropped out and fell in line behind China Joe? Do you remember Warren staying in to support Joe by splitting the Bernie vote and everyone wondered what her payment was going to be? Here’s your answer.
The holy grail for the progressive movement was formerly known as a “carbon trading” process or platform, where you would have to pay a fee for your specific life choices and human existence. That objective or goal never went away, it just modified into a process that would create the mechanism for the payment system, that’s the dollar-based CBDC.
Just like Obamacare, there is going to be a myriad of “if you like your doctor, you can keep your doctor” promises with CBDC. And there will be some “you have to pass the bill to see what is in the bill” later espousals to convolute the former promises as they conflict with the CBDC legislative outcomes that start to gain attention.
From the perspective of DC, control over us is the upside; however, their CBDC aspiration comes with a downside, direct bribery and money laundering for political benefit becomes harder. So, what we know they will try to achieve is something like they just did with FISA 702 renewal. Whereby everyone outside DC will be banned from crypto ownership, but everyone inside DC is exempt from the rule. [Remember, under their very specific FISA- 702 extension, DHS is not permitted to use electronic surveillance on federal politicians (without knowledge), only the proles.]
With the crypto currency issue, the ideological communists in DC (both Republican and Democrats alike) will demand legislation to block, ban and regulate the crypto exchange. The UniParty will not want a competing process for the exchange of value that subverts the control mechanism of the federal government.
(Washington DC) – Sen. Elizabeth Warren’s anti-cryptocurrency crusade is facing pressure from her own party.
Dozens of Democrats, including Senate Majority Leader Chuck Schumer, have broken with her in recent days and supported an effort to undo SEC guidelines that critics say discourage banks from holding digital assets. The Democrats defied not only Warren, but also President Joe Biden, who is threatening to veto the rollback. The rift may grow further next week when the House takes up sweeping, industry-backed legislation to incorporate crypto trading into federal financial regulations.
[…] The party’s Capitol Hill clash over crypto policy comes as the issue is becoming more prominent in the 2024 campaign. Former President Donald Trump is courting crypto fans, though they may represent a small minority of the electorate, and signaling that he’d rein in the SEC’s crackdown on the industry. Crypto super PACs are poised to spend more than $80 million to influence control of Congress and secure friendlier policy. It’s leaving Democrats at odds over whether to follow Warren’s push to clamp down on crypto firms or to take a friendlier approach. (read more)
The communists who are organizing the financial control system want to use the justification of war, North Korea, and a variety of foreign adversary arguments as well as drugs, criminal and human trafficking as the manufactured crisis (scary shiny thing) not to be wasted. I mean if you like BitCoin DC will claim you are a deviant predator of children who abuses drugs and loves some Kim Jong-Un dontchaknow.
The five major banks, all of whom gain maximum benefit from the CBDC as transfer brokers, will join Jamie Dimon (JPMorgan) and decry crypto as the planet harming, energy intense, earth polluting system that is currently melting the ice caps. Meanwhile Greta Thunberg and Taylor Swift will assemble their perpetually depressed Gen-Z forces against BitCoin et al.
Just watch, the seeds of the nonsense are already planted.
The Yellow Zone is specifically constructed to begin using a dollar-based CBDC likely sometime after the 2024 election, with open tests in 2025 depending on the election outcome. Even if Trump wins the ’24 U.S election, the bankers who control the rest of the yellow zone will continue implementation of the Dollar-Based Central Bank Digital Currency (DBCBDC) without direct USA participation (they will wait out Trump’s term).
[ps. Sorry for the absence. I’m in the most remote region of Karelia. Four days without internet, be like…]
So, I want to mosey on down to the local farmers market and but a tomato. Or a glass of lemonade from the neighbor’s kid at his table on the street in front of his house. How the hell am I supposed to do that with digital currency instead of a couple of bucks out of my pocket?