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Showing posts with label Bitcoin. Show all posts
Showing posts with label Bitcoin. Show all posts

Tuesday, February 14, 2023

The Coordinated Attack on Your Money



Michael Wilkerson at The Epoch Times (via The Liberty Daily with no paywall) outlines “The Coordinated Attack on Your Money.”  This one paragraph is scary enough:

Do you think your money is safe in your bank account? Multiple laws allow the government to seize your assets through the process of civil forfeiture even if you haven’t been charged, let alone convicted, of a crime. We saw how this worked in Canada during the truckers’ peaceful protests over vaccine mandates when the government simply issued a decree authorizing it. If your bank fails, new laws created following the global financial crisis of 2008–09 allow the bank to turn your savings and other deposits into securities to shore up the bank’s capital. The Internal Revenue Service can tap funds in your bank account if the agency claims you owe taxes, even if the IRS made an error or you’re in a dispute process. And banks have canceled accounts of individuals and entities who pose “reputational risk” by, for example, supporting conservative candidates, speaking out on election integrity, or challenging the prevailing COVID-19 narrative.

Click here for more.  It gets especially ugly when you see what the feds are trying to do to stop cryptocurrencies – and why.

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Friday, October 28, 2022

Central Bank Digital Currency: bad idea


At Big League Politics (Oct 26), Jose Nino reported:

During an interview on CoinDesk TV, Connecticut Congressman Jim Himes said that the United States government should create a central bank digital currency (CBDC). He believes the US must do so in order to not be “left behind.” 

Countries such as Australia, China, Japan, and Russia have rolled out pilot projects to test run CBDCs.

Himes stated that the US should get the ball rolling on developing a CBDC so that “we’ve got the option to move forward” when it comes to competing wit’s other great powers using similar currencies.

. . . [BUT, as Mr Nino comments]

CBDCs are just another way globalists want to take control of people’s economic livelihood. While technology can enhance people’s lives, it can also be used as a way to exert control over them.

. . .

Instead there should be the promotion of a separation of central banking and state through legislation that allows for competing currencies to operate freely in the marketplace. 

The solution to these economic issues ultimately lies with mechanisms that promote more economic freedom as opposed to economic control. 

Read the full report here. Another wrecking ball if this plan succeeds.

RELATED headline: "New British Prime Minister Rishi Sunak is World Economic Forum Globalist, Pushing Banker-Controlled Digital Currency"

 


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Tuesday, January 4, 2022

It’s 2022 and the Pandemic is Over. True?

 


It’s 2022 and the Pandemic is Over. 

If true, good news. Here’s how Mark E. Jeftovic at Bombthrower sees it:

For a few months now I’ve been writing that my thinking around Covid tyranny and these elite aspirations toward a Great Reset under their purview had shifted. For nearly two years I had feared that we were headed into a new dark age of totalitarianism and repression, that Western leaders would aspire to implement China-style social credit systems and completely takeover the economy and day to day lives of its subjects.

Make no mistake, many establishment elites do want that. It’s just for awhile there it looked to me like they would succeed. But then my thinking started to shift around that. I realized that the entire transformational shift in the very nature of communications (Internet), power (networks) and then money (Bitcoin) meant the very architecture of society had changed so profoundly that this type of top-down, centralized authoritarianism I had feared so much was now untenable.

It was trying to retrofit digital versions of industrial era authority onto a new terrain of decentralized networks and individual sovereignty (at least for those individuals who successfully position themselves for it. Everybody else will be neo-Feudal serfs, and many of them will actually prefer that).

I began to suspect that rather than entering this new Dark Age of Davos inspired technocracy, we were instead experiencing a crescendo, a culmination of over a century of creeping Marxism.

Covid, rather than bringing about a monoculture of globalism, which those who respected human rights feared, it forced the hand of these impulses. It became a matter of Too Much, Too Soon.

Further, my readings of history made me expect that when the entire false Zeitgeist around COVID, collectivism (including climate) came unglued, it would happen very rapidly. A la the fall of the 800-year old Czarist line in under 72 hours, or the collapse of the Soviet Empire within 18 to 24 months.

These last couple days felt like something has palpably shifted . . .

Read the rest here.  (I hope he's on the right track...)

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