Posted on 07/10/2021 11:03:35 AM PDT by delta7
have explained that we know nothing about who created blockchain, but it allows every transaction to be traced. With a credit card, they can tell if you bought something. With Bitcoin, they can tell I gave you money first, and then you bought something. Central banks are moving to cryptocurrency because this will ensure 100% tax collection. The Bank of England was saying that parents will be able to control what their children spend money on. The problem is that the government will control what we too can spend on. Here is the BIS telling you the reality of the future. They want 100% of all transactions taxed. I suppose the girl next door will have to watch your kids for payment in kind — chocolate bars or clothes.
Can’t buy or sell without their mark.
….nothing more needs to be said to Christians, Scripture tells us what is coming….to the unbelievers, careful what you wish for.
It is inevitable, I presume, that the Treasury will launch some kind of blockchain currency for widespread use. They’d have to ban all other forms of cryptocurrency though to succeed.
I am a fan of blockchain, it has many uses beyond just currency.
Thanks for posting.
With Bitcoin, they can tell I gave you money first, and then you bought something.
I’ve frequently heard that Bitcoin is anonymous, and that’s why these cyber criminals want to be paid in Bitcoin. Is Bitcoin not anonymous?
It would also be a way to track every penny government spent.
Two-edged sword.
bmp
Buy silver, gold, and ammo while you can.
And pay cash.
Bitcoin likely never was anonymous.
Only if you mine it yourself or purchase it with an anonymous payment method like a gift card purchased with cash.
If you purchase it on an exchange you have to give them all your information.
The reason cryptocurrency (Bitcoin) was developed was to use it as a shiny object of misdirection; decentralization bait.
A clandestine effort to propagandize the central theme of decentralization... that would unwittingly be adopted by the ignorant and brainwashed; sheep lulled into trust and complacency of a decentralized financial world. But instead... it was a well planned/orchestrated trap. A trap that ends being sprung and the rug of decentralization pulled out from under us all. But its too late...
The doors are barricaded and chained, and the the gas is turned on to find ourselves having all been tricked into a global centralization of transaction tracking the NSA could only dream of.
It would also be a way to track every penny government spent.
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No it will not. Read the MIT ( and other think tanks) study that tax payers spent 20 million on. No accountability by the Federal Reserve, they will be the administrators. They will have total authority to create their own “ no fly list”. Purchases tracked and cancelled, taxed directly from your account, read the Senate bill now in Comittee..frightening at the least….Pull up Senate Bill 3571, Establishment of “ Fedcoin”….the US cashless system.
Skip the silver and gold part. Can’t eat it, can’t shoot it. It might not be worth as much as people think.
It is inevitable, I presume, that the Treasury…
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Ignorance is no excuse, the Senate bill goes into depth the Federal Reserve will administer Fedcoin, not Treasury. Many legendary financial greats have commented on Fedcoin, please bring yourself up to speed.
Silver and gold are always money in a pinch. And like a fire extinguisher you don’t need to invest in them but it never hurts to have some around.
Just in case.
Also I am not a goldbug. Just a guy who has learned to evaluate threats and to prepare accordingly.
I’ve frequently heard that Bitcoin is anonymous, and that’s why these cyber criminals want to be paid in Bitcoin. Is Bitcoin not anonymous?
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No it is NOT. US .gov and Israel has recovered billions of dollars from Bitcoin accounts. Please do your research.
One example:
https://www.cnbc.com/2021/06/07/us-recovers-some-of-the-money-paid-in-the-colonial-pipeline-ransom-officials-say.html
…” KEY POINTS
U.S. law enforcement officials said they were able to recover $2.3 million in bitcoin paid in the Colonial Pipeline ransom…”.. many more high profile examples I& you search.
I get that, I just tell people that and base it from what I saw overseas. The ones that made it were the ones who had the ability to fight.
Perhaps after the fight, there may be some need of some kind of currency.
someone in Romania needs to invent
a bitcoin washing-machine
There already are: mixers.
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