Why do you keep bringing up gold? I'm investing in buying a house.
Why do you keep bringing up gold? I'm investing in buying a house.
*(theory hence forth) ... And governments are going to cause enormous economic collapses and blame them on the newly emerging crypto currencies while they slide a CBDC in the back door to control us all while we fight. *
That is what I think is coming. I would not even be surprised to see governments back their CBDCs with gold and other commodities (like carbon credits lol lol). There could very well be attempted "gold" confiscations in the crypto-world just like what happened with gold the metal In the US back in the early 20th century. The thing about BTCers though is that it is far too international for that to work. It would require ALL nations to agree to a BTC confiscation program for it to have teeth otherwise it will only cause large holders to simply leave and take their wealth with them. This has already begun in earnest with tax "confiscation". Rich crypto bros are on the move to low tax areas and their money is changing the 2nd world shithole countries they land in for the better.
Physical gold together with crypto-currencies backed with gold using a private gold window (PAXG) are excellent currency IMO. No government control mind you but a system of private and competing commodity-based currencies. PAXG here is one very early example. It would allow a holder to swipe a bank cart or tap their phone on a POS tool and spend their physical gold in a digital fashion at existing Point of Sale platforms through an intermediary. Currently Coinbase does this and it works great. I use it almost exclusively to live. It works well because I can, on my phone, choose what asset to spend. I literally just keep a bunch of stuff like digital gold, BTC, shitcoins and USD stable coins in the account and pick whatever one is "up" at that moment to make the payment with.
Certainly this account is tracked, taxed, open to exploitation, confiscatable and controlled so I don't have more than 4 digits in it at any one time. My point though is that the technology to use an array of sound money both physical and digital easily for purchases is out there right now. Will this be forcibly slid off into the hell-hole of CBDCs? Certainly it will. This is why private, decentralized systems like this need to be built in the place of centralized places like Coinbase. Anyway, I figure I will now get attacked savagely by Bitcoiners who say that everything but BTC is fake and a scam (most of these players are hook-nose jews) and savagely attacked by Gold loving luddites who say that I am enslaved by the bitcoin-jew who will wiggle his nose and turn my BTC into a CBDC against my will.
GO!
*(theory hence forth) ... And governments are going to cause enormous economic collapses and blame them on the newly emerging crypto currencies while they slide a CBDC in the back door to control us all while we fight. *
That is what I think is coming. I would not even be surprised to see governments back their CBDCs with gold and other commodities (like carbon credits lol lol). There could very well be attempted "gold" confiscations in the crypto-world just like what happened with gold the metal In the US back in the early 20th century. The thing about BTCers though is that it is far too international for that to work. It would require ALL nations to agree to a BTC confiscation program for it to have teeth otherwise it will only cause large holders to simply leave and take their wealth with them. This has already begun in earnest with tax "confiscation". Rich crypto bros are on the move to low tax areas and their money is changing the 2nd world shithole countries they land in for the better.
Physical gold together with crypto-currencies backed with gold using a private gold window (PAXG) are excellent currency IMO. No government control mind you but a system of private and competing commodity-based currencies. PAXG here is one very early example. It would allow a holder to swipe a bank cart or tap their phone on a POS tool and spend their physical gold in a digital fashion at existing Point of Sale platforms through an intermediary. Currently Coinbase does this and it works great. I use it almost exclusively to live. It works well because I can, on my phone, choose what asset to spend. I literally just keep a bunch of stuff like digital gold, BTC, shitcoins and USD stable coins in the account and pick whatever one is "up" at that moment to make the payment with.
Certainly this account is tracked, taxed, open to exploitation, confiscatable and controlled so I don't have more than 4 digits in it at any one time. My point though is that the technology to use an array of sound money both physical and digital easily for purchases is out there right now. Will this be forcibly slid off into the hell-hole of CBDCs? Certainly it will. This is why private, decentralized systems like this need to be built in the place of centralized places like Coinbase. Anyway, I figure I will now get attacked savagely by Bitcoiners who say that everything but BTC is fake and a scam (most of these players are hook-nose jews) and savagely attacked by Gold loving luddites who say that I am enslaved by the bitcoin-jew who will wiggle his nose and turn my BTC into a CBDC against my will.
GO!
(post is archived)