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Thread: controlled crypto mania

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    Default The Fed would have to have bipartisan support Sven

    Sven there is always gold and silver to get around the Fed. The Fed isn't going to end the paper USD anytime soon. There would be too much push back from the population. Something like this will not happen on Trumps watch. Perhaps if Sanders wins the presidency then yes.


    "But no matter how the Fed may try to “sell” the idea of utilizing Fedcoin in the future, Wenzel’s warning is pretty clear:
    A Federal Reserve created digital coin could be one of the most dangerous steps ever taken by a government agency. It would put in the hands of the government the potential to create a digital currency with the ability to track all transactions in an economy—and prohibit transactions for any reason. In terms of future individual freedom, this would be a nightmare.

    If you use cash at a grocery store, no one will know who you are or what you bought unless it was caught on video or you use a reward card. In the rare instance a store accepts Bitcoin, the same would be true.
    But if you were to use a centrally-controlled digital currency like Fedcoin, who knows what the Fed will decide to track now or in the future? Or what meddling they could come up with to deny your transaction?

    If the Federal Reserve wanted to outlaw cash, and your only choice was to use Fedcoin to make purchases, then your financial life would be tracked under their watchful eye.
    “Not good” indeed."

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    Default

    Quote Originally Posted by Blitzkrieg View Post
    Sven there is always gold and silver to get around the Fed. The Fed isn't going to end the paper USD anytime soon. There would be too much push back from the population. Something like this will not happen on Trumps watch. Perhaps if Sanders wins the presidency then yes.


    "But no matter how the Fed may try to “sell” the idea of utilizing Fedcoin in the future, Wenzel’s warning is pretty clear:
    A Federal Reserve created digital coin could be one of the most dangerous steps ever taken by a government agency. It would put in the hands of the government the potential to create a digital currency with the ability to track all transactions in an economy—and prohibit transactions for any reason. In terms of future individual freedom, this would be a nightmare.

    If you use cash at a grocery store, no one will know who you are or what you bought unless it was caught on video or you use a reward card. In the rare instance a store accepts Bitcoin, the same would be true.
    But if you were to use a centrally-controlled digital currency like Fedcoin, who knows what the Fed will decide to track now or in the future? Or what meddling they could come up with to deny your transaction?

    If the Federal Reserve wanted to outlaw cash, and your only choice was to use Fedcoin to make purchases, then your financial life would be tracked under their watchful eye.
    “Not good” indeed."

    The Zionist/Fed malefactors can easily get laws passed to render precious metal usage illegitimate and criminal. They can make it so that purchases can only be made via electronic transfers by rfid chips implanted under the skin.

  4. #4

    Default

    Quote Originally Posted by Svengarlicky View Post
    The Zionist/Fed malefactors can easily get laws passed to render precious metal usage illegitimate and criminal. They can make it so that purchases can only be made via electronic transfers by rfid chips implanted under the skin.
    Gold & Silver will NEVER be outlawed in the streets of America so long as a single person exists. They tried that stunt in the early 30's and it didn't work back then. Trumps going to win the presidency in 2020 so there is no need to worry about this matter anytime soon.

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    Default Adelson annointed Drumpf as Zionism's high priest


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