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To: rlmorel

Central bank digital currency is not your friend. Independent crypto currency—not beholden to a bank or country—will blow them away.


40 posted on 03/30/2021 1:02:48 PM PDT by Vermont Lt
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To: Vermont Lt

I certainly don’t trust national currencies—but the big countries have two things going for them—big military/police forces and a ruthless willingness to use them to preserve their power.

That tells me that crypto-currencies will end in tears—if governments view them as serious competition they will just ban them—using any means necessary fair or foul.


48 posted on 03/30/2021 1:17:59 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: Vermont Lt

I feel queasy about any kind of digital currency. I think even if it was not a central bank digital currency...”someone” would have control of it. If I had total control...maybe, but it is hard for me to make that connection between a physical dollar bill and something that lives on a computer.

I admit I don’t know much about it, but listening to Gen. Robert Spalding (Who wrote the book “Stealth War” it sounds like the nexus of digital currency and the 5G world is something to watch carefully. The fact that it is part of the plans of Communist China (as he describes in a portion of his book) makes me very uneasy.

I do need to educate myself further, no doubt.


64 posted on 03/30/2021 1:52:58 PM PDT by rlmorel ("I’d rather enjoy a risky freedom than a safe servitude." Robby Dinero, USMC Veteran, Gym Owner)
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