Digital currency is being pushed by X22 report as a way to destroy the federal reserve central bank printing press. I am suspicious of digital currency due to if the electricity goes off where does the currency go. They say that block chain prevents hackers and theft, but I am more apt to lean towards currency backed by gold at this point. I definitely support destroying the fed. reserve central bank printing press money machine, but am leery if I don’t have hard currency for trade.
Musk OTOH I see as trying to cover all his bases by investing some in bitcoin and if it succeeds to continue along that path. If it doesn’t he can go another route. I am suspicious of Musk as a whole because if it weren’t for federal contracts and government subsidies he’d not be as successful with his businesses as he has been. Climate change is a tool government is trying to use to enslave us and his Tesla wealth is based on that nonsense IMO.
The problem I have with Digital currency is that anything digital can be hacked. Who is guarding it? Where is it located? How can you retrieve it?
How can you guard your digital bling when it can’t be held in your hand? When you can’t stand guard with your double barrel, Biden-approved shotgun to protect it.....
When someone breaks into he house to steal stuff, I have the means to stop their crime. When someone steals your digital currency, they can do it without your knowledge. You can’t even confront them.
When democrats are in charge our federal reserve system protects the privileges of white liberal 'elites'...
And Musk - he plays by the rules put in front of him. They offer subsidies for 'green' - he serves up green. Can't fault him for that...
Good points.