The major issue is that there's no practical difference between dollars printed out of thin air and dollars printed digitally. The 'experts' can pretend that the digi dollar will stabilize the system, but that system is destined to crash exactly the same as this one is -- this is just another way to kick the can down the road.
In fact most dollars today are created through nothing more than accounting entries at the Fed and fractional reserve financial institutions (namely banks). The existing state of affairs isn't going to save us from terminal inflationary resolution due to decades of monetary distortion. However concerns regarding privacy and personal choice due to imposition of CBDC's are absolutely valid.
The prison system is overcrowded w criminals. They will need to make room for political prisoners. Before the crash, when they start releasing criminals in large numbers.... get out of town.
As much as I'd like to think that would happen; with enough media cooperation and spin, the welfare class could be convinced to go along with eating SoyBugPaste.
Imagine the legion of comptrollers and the AI that could be put into use here. Say you've used up your egg-quota for the month but want to buy some for your mother next block over?
To ensure "flexibility", an AI/human system of arbitrators can be used to make allowances for that.
With absolutely no spying, yes?
Which would in under 20 years condition everyone growing up under such a system to think of it as normal and natural.
O'Brien's boot-face metaphore looms closer and closer.
The proof of concept project is already active in China and works well for the CPC.
Why would any self-respecting bimbocrat or Justin Trudeau want less?
What do you think the Social Credit Score of Substack authors, readers, and comment contributors will be? Do you remember negative numbers from Grade 11 ?
As are many of us… this is one of the best places to rant and rave! So many soapboxes… 🤦🏽♀️🤦🏽♀️🤦🏽♀️ I’m sure it will be a long time before I get back to positive numbers for their idiotic credit score… probably never… 🤷🏽♀️
My hubs is ignoring all this. Thinks I’m a crank. Maybe he will be able to get meat and eggs for me. I’ll steal some chickens. Hide them in the cat enclosure. Would a loud wind chime cover the clucking? Guess we gotta laugh while we make our own diabolical plans.
I’ve read about “digital wallets” that would act as an intermediary, and provide anonymity, similar to a VPN. Do you think there’s any practicality with that option?
Whatever privacy those may provide, they will be able to know how much went in to the wallets and how much come out. They will also know where what is being sent. This is just ONE PIECE of the digital prison. IoT, FinTech, QR Code controlled access and the ton of personal data I must provide to use or get cash under certain circumstances are just the ones I am aware of. Certainly there are others.
And consider PFRA (agricultural funding almost bank). When the feds really got going they started to enlist other areas of government to identify and weed out dissenters. If you can find the stories on line you would think someone got an old copy of a Stasi operational manual. And the civil servants just went along blindly - mostly without question. I don't think anyone has to puzzle about how the Germans allowed their govt to go completely off the rails. Canada has provided a small sampling of how easy that is.
"Im sorry, your transfer of money to account ###### has been terminated. Holder of account ###### is registered as a source of misinformation. As such, holder may not receive transfers other than from approved sources. To learn how to become an approved source, please click on the link below."
A lot of truth here Simulation Commander. However, while the system changes little, we can pull all or most of our cash out of banks, and keep enough in there to pay bills. What does that do to their system when smaller customers do this? It forces the system to remain as it is, but we control the funds, the actual cash ourselves. Does that mean they do not have our cash to play with anymore? Oh yeah.... Does that mean they are going to push digital banking and end cash even harder? Oh yeah. We Americans have to say to the government, no no no. You can do the banking digital system all you want, because if you hadn't already noticed, it has been this way for some time already. The American government will have a revolution on their hands regarding any attempt to force cash out of transactions completely. We Americans control this, not the banks and not the government. I am pulling my cash out and I will control my own cash and the banks and government with all their plans be damned. They will have to figure out another way to con Americans out of their money so they can "use it to enrich their coffers". We are not this stupid. Well, some of us are not. And we raise hell!!!
Not much faith in America since 2020. Vast majority easily forfeited their freedom, bodily autonomy & totally complied w/ all of the insanity, in many cases going along to get along, or taking the jab for something as stupid as the ability to travel. Many will believe that ultimately, CBDC will be a real convenience until they realize too late that it isn’t. Just like many are realizing what they’ve done to themselves w/ the jab.
Ah but don't you remember, covid is still in play. Remember at the very beginning of covid when their was a coin "shortage" and they were telling people that the virus was on the bills? I know of some yuppies who started to refuse cash after that. Yinz guys keep talking like we can avoid a fight, you ain't going to avoid the fight. How bad do you want "muh freedom"?
Went to the university canteen the other day. The kids are all waving their phones around to pay for everything. Not a coin or note in sight. They are already there. The conditioning is set. Forget about telling the politicians or voting them out. Forget about revolution. People won't fight for something that they don't want or use, or think they need. The kids assuredly do not associate their phones and digital money with curtailment of freedom. Yet.
My sons do ALL banking & other transactions online 😔
Me? I know I’m dating myself but I still get a physical paycheck (everyone else in the office does direct deposit), physically deposit it & I still write checks for bills & use cash for everything local. I fear all of that is soon to end
Here in the "global south" not everyone has a cell phone, computer, or access to sufficient data, or even electricity. My hope is that it stays that way, as it could at least keep the digital overthrow at bay for a while. Worldwide, we will have to rekindle a system of barter, if it comes to it.
Yepm that is the BIG issue. We have to fight that to the death. Take heed America. Stop being so damn compliant. Just say no. The time for pitchforks is the CASH issue and even the smallest mind can wrap around CASH.
If I recall, that's what they did in India sometime in the last two years with 1000 rupee and 500 rupee notes. They declared them obsolete and people had a certain amount of time to get their "refund" by handing them over.
Similar thing is happening in Nigeria at the moment. They decided to introduce new bank notes, with a drastically short time announced to phase out the old (a month and a half!), and also restricted the amount of new notes at the same time. One of the goals being to "promote a cashless economy". Needless to say, chaos has ensued.
Well, when they ban physical cash.. a lot of people are going to go along. And if you don’t, you’ll risk being caught every time you try. It’s not gonna be that easy to avoid this. “Physical cash transactions are illegal as of 3/1/2024. Prison time for anyone caught doing it. Cash into the digidollar now or your cash becomes worthless.” Etc.
Did you see that recent court ruling somewhere in like South Carolina that ruled that fetus can be bought and sold like chattel? That’s what you made me think of
I think this is exactly how it will be implemented. We saw how corporations and people listened to the gov and went right along with the vaccine mandates. Gov and corporations are joined at the hip. Many already no longer take cash for a transaction.
Governments have outlawed the use of old currencies in the past. Why would the US not be able to the same? They do not need to take out of circulation; all they have to do is say it is no longer legal tender. Or, they can just do as they have been, keep “printing” more and more of it making your cash worth less and less. A few years ago, I looked into how much $10,000 in 1970 was worth in the years I checked, around 2017, it was something like $68,000. If there was something I wanted that cost $10,000 in 1970, I would have to $68,000 for in it 2017. With the “printing press” cranking out dollars like a sailor on shore liberty drinks beer these past few years, this is probably an even bigger problem.
Using certain non cash methods of payment requires ID and sometimes other documentation. What could they not put the same requirement on cash transactions? They do in Japan for some cash transactions. The US can do it too.
Exactly. Fredrick Douglass is reported to have said that there are three boxes that secure our liberty. The ballot box, the jury box and the cartridge box.
You'd have to start buy having a local meeting and proposing the idea and explaining why you're proposing the idea. Fan out the idea from that. The same method El Gato speaks of above can have a counter or be used against those who employ. Do the same thing, just offer a different alternative. Frame it as a local thing, we've been globalizing and putting control of our lives in people we'll never know for far to long. No that hard to frame, you explain that all our current troubles are due to Mega corporations and corrupt government. Shouldn't be a hard sell ;)
I am the only person I know personally who does not believe in masks. I am also the only one among all these folks certified in respirators. They all think I am crazy for not wearing a mask. Yep, I see them open to this idea.
At any rate, how far have you gotten toward this goal? Time is shorter than we think.
Thanks for this. I've listened to her a few times now. She's been sounding this alarm for a while (and I must admit that I was too pre-occupied with the Covid insanity to pay close enough attention).
You are so right! CBDC is simply inflation (more devaluation of the currency). No rational person would transact in this currency (what Chinese supplier will accept Walmart's CBDC currency?). No rational person would save this - you'd just spend it the instant you could on whatever you could get & try to trade the stuff later as necessary.
Inflation is NOT rising price levels; it's falling currency value - this would accelerate that decline. Basically, US economy shuts down & US government collapses (because what soldier would accept this crap as pay?).
This is what I've been wondering. I'm no economist, but if the fiscal cliff is approaching no matter what, then what is the actual solution? War? A New New Deal? I suppose Ukraine, Pharma Phinance, "climate" interventions have all been attempts at this, but it's not enough. There looks to be pain, tightening of belts and a looming second Great Depression, no matter what. Presumably the CBDC is intended to manage the looming restrictions in a more, um, controlling manner? But if the world is to avoid this, we need solutions. Fast. And a collective will to implement them, while simultaneously rejecting the Digital Dollar Dystopia, no matter what our wannabe overlords say. Can we do it?
Of course we can Ann Glover. We already have the system in place in American government to stop them, we just have to implement it and never give in. We need all Americans to get behind stopping this. It begins by dismissing those in government that are pushing this agenda. That would be all Democrats and many Republicans. Find out which of your representatives are supporting this tyranny.
Ann, yes, there is a new system and coming fast, I just hope it comes fast enough.
No we cannot rely on the American constitution. As I like to annoy people by saying, that either allows everything that has happened or it has failed to prevent everything that has happened. Pick your favorite?
It's not 100% ready for general adoption yet, but there is a system coming.... Q
Two different things. Both bad, no doubt. The "printed out of thin air" devalues the currency and drives inflation. Interestingly, just the ability (even before it's done) is enough to devalue currency when government debt is exploding because to currency traders and credit sources, they see the "print more money" as inevitable. So this is very, very bad. But central bank digital currency is another kind of bad. Sure it has all the downsides of printing currency that isn't backed by any tangible asset. So you're spot on there. But it carries all kinds of additional badness. The digital currency is easier to control after it's issued. See the meme - it's not much of a stretch. Confiscation of your money is even easier.
Is it really that much more dangerous than the status quo? Once upon a time, when most folks relied mostly on cash, it was hard to just take it after it was printed. Today most people rely on electronic money or credit. You can't use cash on Amazon and increasingly in some PC places you can't even use cash for retail. We've gone from cards to "tap" and automatic transfers are the standard for paying bills. But with many different banks to choose from, there is at least the illusion of choice and pressure upon banks to appear to respect privacy. But is this reality? Well, it still takes convincing a federal judge for LE to get at your transaction records legally. Or a semi-competent 9th grader to get at it illegally. And convincing a federal judge isn't really hard, folks, so long as you can find one that supports the "goals" (aka politics). It takes not much more effort for a federal agency to seize your bank accounts. Three easy steps:
1. accuse you of a tax crime. This allows the IRS to freeze all your accounts;
2. people with no funds generally put up incompetent defenses
3. declare all assets "ill-gotten gains" and take it all
Step (3) gets all tangible assets too.
Federal regulators have tremendous power over banks. So while it may appear you have a choice, truth may be you don't. But collapsing all banks into a single, centrally controlled bank will "streamline" the process of controlling all transactions. It may be only incremental change, but it does look to be irreversible.
Actually it's scarier than that, because a digital dollar that is wholly controlled by the fed would never crash without bloodshed. You would basically have to have people murdering each other to undo that level of control over society.
If we allow such a thing then humanity will be enslaved forever.
How to fight back when your very act of buying some cardboard and sharpies identifies you as a potential protester, who can be insta-fined $50 and spending restricted by AI?
When the Chinese wanted to stop a protest they turned certain people's vaccine passport red and denied them entry to public transport. Imagine that level of control, but via ChatGPT and programable money?
That might be the best suggestion in this whole discussion. $100,000 in Rubles, $100,000 in Rand, $100,000 in Bitcoin, $100,000 in Baht... and soon you will be talking real (survival) money. Multiply by 10 or 100 for big shooters, but the 100's will generally surf above our peasant considerations and will have their jets sorted out like Goldfinger's Rolls.
So Mr Commie Libor Soural. WTF!!! Nothing is inevitable. Death is not according to Jesus Christ. Taxes are not. If you do not know why, that is your problem. God does bring order out of chaos. Sometimes though people die during the process, which generally does not care about the individual lives on this planet. What to unpack here beyond that? Nada. Too esoteric for me...
I pay in cash as much as possible. If my local chain grocer goes to electronic payments only, I’ll find an independent grocer that accepts greenbacks. Screw this Fedcoin; credit cards are bad enough.
Gov could mandate all business to take your ID with each purchase (George Gammon explained this). Paying in cash doesn't solve the surveillance/privacy issue.
Don't be so sure. Access to the internet can be controlled through digital ID and a social credit score system. Internet access is not guaranteed at least not until some other version is developed that isn't dependent on an ISP (a for profit company that can be gov mandated).
Boy is this so true. Try to buy software and hardware for English OS computers from Japan. If any of the following, ISP, Credit card billing address or shipping address and probably others, are in Japan, the transaction is cancelled. Some songs purchased over iTunes in the States won’t play in Japan.
When you can teach me how I can put gas in my tank here in Japan and food on my table with it, without the transaction being reported to the US, I’ll be a believer.
Sure they can. First, there is no one near me, probably in the entire country, who accepts bit coin for anything. i first would have to exchange for cash or some kind of other traceable but digital currency. Then, if the proper conditions are not met, such as a high enough ESG score, no chicken.
One thing that has been a major hang up for me with precious metals and stones, how to you use them to buy food. “Hey Mr. Green Groceer/farmer, I have right hear a Diamond/Gold coin worth $XXXX, see, I have a certificates that verifies it’s value. Can you sell me this amount of food?” Somehow, it does not seem likely to me that the farmer will sell to me.
Not legal tender here. I would have to go to a broker, which are require to gather and send to the US all the info on me that the Post Office, Money wiring services and banks here are required to do. Same with diamonds. I can not even sell off stuff online without the sales being reported to the US, including all the info on the buyer too. We are all under suspicion of being money launderers and all transactions involving a US person are automatically shared with the US under FATCA and possibly the OECD’s CRS, if no US person is involved, just under the OECD’s CRS. It is already set up and in operation, though not completely as designed yet.
I have no wealth to preserve but I do have bills that must be paid. I am also unsure why or how they are harder to take away from you. FDR outlawed private ownership of gold. Yes, many did keep what they had, but they could not use it until that was repealed. It happened once, it can surely happen again. People are taking off with entire ATMs, they can easily take off with your gold even if it is in a safe.
But even if you have it gold, when you convert it to gov currency, they have you. They’ll just ask for all sorts of Identifying info and paper work. If I needed approval to cash an International Postal Money Order for $40 (forty) you can bet they can make similar and most likely worse required to convert gold to whatever currency they offer you.
They do not need a working CBDC. All they need is for those of us who will not or can not partake of it to die of starvation or zero access to medical care or freeze to death because you can’t pay you energy bill.
I am of the belief we do not have much longer. I have already run across QR CODE ONLY restrooms and obtaining the QR Code required making a qualifying per chase from a qualified merchant. This comes after years of having every transaction through my local bank accounts in Japan being reported to the US due to US law and having to obtain permission from the main post office in Tokyo to cash a $40 international postal money order from my parents for my kid’s birthday and we do not even live in Tokyo.
Small Local Banks or Credit Unions. There could be some safety in Big Banks, as they too big to blow up. It's hard to know exactly what will be seized and when.
I think eventually every financial institution will be forced to go CBDC including credit unions. Canadian here: I think the big banks will be first so perhaps credit union buys some time.
A friend has transferred trading activity to a non bank affiliated brokerage, she's opted forQuestrade. I don't know how good/bad they are.
I've been buying some hard assets (things you can touch and hold). It doesn't completely solve the problem but at least helps to keep what's yours as yours, at least for a while longer...
Also stock up on food and supplies especially non perishables and keep your freezer stocked up.
This is a discussion of "timing the market." Most of us don't manage that well against professional traders, and by current example most of the banksters and traders don't either.
Me too, but what I'd really like is metal silver coins once again. Everything other than silver metal should be stamped "DEBT, NOT MONEY, MAY DEFAULT AT ANY TIME"
I understand but what about investments, etc...it's not practical....is this the only way to fight this..... this is why people will give in to the CBDC because it's complicated and not realistic ...... stores will not accept cash, gas stations, etc...how will you pay for things..... who will accept silver coins?
Think back over the last, say, 20 years. Did you protest against the Iraq war? How about protesting at Occupy Wall Street? Were you a member of the Tea Party? A member of #TheResistance? Did you disagree with the government’s covid response? It’s nearly certain that everybody with a political pulse has crossed the government at one time or another. How comfortable are you with the idea that the person you’re protesting against can shut off your bank account?
Because now, it seems, those perfectly legal actions at least have the potential to come with harsh monetary consequences, as well as the ensuing chaos caused by financial ruin. And this is happening all without a single shred of oversight or due process. It’s just some asshole in an expensive suit giving a list of ‘subversives’ to another asshole in an expensive suit. The no-fly list but with the very real potential to ruin your life.
The play is now clear. Insert a few agent provocateurs, have the media lie about literally everything and have your daughter's best friend's third uncle who happens to be the judge over you declare everything is fine.
A legal protest and the cost of defending yourself will ruin most citizens.
Donald Trump's ongoing persecution in New York is a prime example of the power of the state in abusing citizens, and also an example of the best defence, ie be a billionaire, a possibility unfortunately unavailable to most of us.
B-I-N-G-O, bad cat. They are employing the same strategy they used to coerce compliance with COVID tyranny: manufactured crisis for the old Problem-Reaction-Solution trick. And CBDC/digital ID was the ultimate end game all along.
#MistakesWereNOTMade, once again. And anyone who hasn't watched Tess Lawrie's knee-buckling performance of my poem should immediately spend 4 minutes doing so. I guarantee you won't regret it and will want to share it with everyone on the planet ASAP:
Mike Yeadon is extraordinarily humble to a fault, and I’ve no doubt that percentage is a dramatic underestimation.
None of us can possibly know what our conversion rate is as it’s not like we send out a survey to every person who has encountered our work to gauge it ;-)
All I can know is what people share with me, one example being Ryan Gardner, who once told me he red-pilled a friend’s father in an hour using one of my posts, writing:
“Your efforts are not in vain. I won a friend’s father over today because of your posting. He was going to go get his 2nd booster tomorrow. He canceled. I also wanted to encourage you because myself and many others learn from you.…
“He gave me an hour and I went through your email exchange. BTW: This gentleman is brilliant. One of the smartest people I know. Once I left he said, something along the lines of; I can’t believe I fell for this, tell that gal (don’t take offense - he’s an older Boomer) she got smarts and is one heckuva fighter. He was moved by your message. I’m hoping he talks his wife out of her 4th.” (https://margaretannaalice.substack.com/p/dialogue-with-a-curious-injectee-928/comment/7893550)
When I checked in recently and asked if he was able to wake up his wife, here’s what he had to report:
“I can also tell you that your work, Gatos, Igor’s and Sages has had a MAJOR impact on preventing my two-shot-and-done friends/family from taking boosters. I can never repay the four of you!”
Thanks, Peter. In my Dissident Dialogue interview with Meredith Miller (https://margaretannaalice.substack.com/p/dissident-dialogues-meredith-miller – currently underway so being published one Q&A at a time for my paid subs and will be available to the public once completed), she explained that it is nearly impossible to wake someone up who isn’t ready, no matter how hard we try. They have to be willing to open their eyes, and usually that comes as a result of disruptive moment of truth—often a tragedy (think of an addict hitting rock bottom).
BUT once they do wake up, she said Substacks like mine are essential as they will be voracious for truth and they will also want/need to corroborate their intuition to avoid falling back into what she calls a psychoneurospiritual state of captivity.
I agree with you MAA, hope you don't mind the abbreviation.
I try to be subtle in conversions, I think I've reached a few, better than none.
St. Mother Theresa of Calcutta was once asked if she didn't feel overwhelmed trying to help the poor when there were so many. Her answer was something like 'if you help 1 person, that's important'.
A few is impressive, especially when they don’t want to be reached!
I agree regarding helping one person. That person can in turn help another, and on and on and on. Like Ryan (who really deserves 99% of the credit as his friend’s father would probably still be asleep if he hadn’t taken the time to talk with him)—the one person he helped went on to wake up his wife, and they then saved the lives of their nine grandchildren, who in turn may help others ad infinitum.
My husband is an R & D chemist at a manufacturing firm. Not medical. He has co-workers from 71 to 26; the younger ones all have either a masters or a PhD.
They are ALL vaxxed. ALL OF THEM. He's tried talking to some of them, and he just gets blank stares. 0% conversion rate.
I’m a physician assistant. Biochemistry background. I’ve talked to everyone i work with and printed out study after study. 0% conversion rate as well. Have convinced my grandparents and entire family though (0% conversion rate with the in laws though)
Our nephew was killed by the vaxx at age 38. His parents (and he) live in a rural area, and he got involved with drugs. His parents still believe that it was the drugs that killed him.
Fast forward a year. Nephews father (BIL) is vaxx injured after a booster. Doctor admits it. Shingles then neuropathy. His wife (my husband's sister) was still considering getting boosters but has not done so because her doctor said there was no need.
These are people in their early 70s. They dropped out and moved onto a farm. Former hippies. Yet they are now some of the biggest conformists I know-- "Orange Man Bad," "MSNBC good," and of course, "Putin is the antichrist." I don't understand it, outside of "utter and complete tv brainwashing."
This might be a synergy of things, one being cognitive style. My dad was an R and D guy and a U.S. inventor, and once when he was working on growing gallium arsenide crystals, and I was young and environmentalist, and aware of the groundwater contamination in Silicon Valley, Superfund sites, I asked him, this brilliant inventive man, what happened to his gallium arsenide waster. He said "a truck comes and gets it". I think it might be also that red-pilling depends a lot on how much trust and faith the person had in government, the medical system, journalism, prior to covid. I've red pilled my friend on boosters, but only because he hated big pharma to begin with, and he still skates along blue pilled on everything else. I have a deep suspicion, just through inference, that there is very very sophisticated narcissistically aggrandizing counter propaganda being pushed through liberal outlets as he accused me of going down a rabbit hole, implying sort of that he worships god in god's way, and I worship god in my way. So there's cognitive style, awareness, and the theological dimension of politics, i.e. cults, these days. OR, another hypothesis I have is that they all are convinced depopulation is necessary, are unable to think about that consciously, and that a corollary to that is "but they wouldn't take ME out or injure me" as I'm not depopulation-worthy. That might explain why they won't read anything you give them.
I wonder if anybody is converted with being confronted with data… It seems like the people who are converted are the people who go looking for information. People who actually want to know what is true…
I don't talk to anybody about data anymore unless they have first shown that they are interested in knowing.... otherwise you're just beating your head against a brick wall. Tossing pearls before swine. A lot of people will not know until it's too late, and then they will wonder WHY nobody told them.
One reason that you can't convince many using data is that we have a population that is functionally innumerate. How many know enough calculus to understand that "two weeks to flatten the curve" does not change the area under the curve?
The true believers need a personal or very close friend or family member damaged to be open to the conversation.
Interestingly, the real working people (eg the Canadian truckers) see through the lies quite reliably, lacking proper indoctrination in the supremacy of experts. Personally, this has been observable from 5 decades ago, when I was doing real work in the summer between university sessions. The summer student is tolerated, but no respect is shown until competence is demonstrated, possibly by the 31st of August if adequate progress has occurred.
I grew up with a mother who made consistently bad decisions and could never link those to the predictable and consistent bad outcomes… When you tried to warn her in advance (because even a child could see this was going to go badly), you were scorned or ridiculed... after the bad outcome she would cry and say "why didn't anybody tell me?"
I’m trained in biochemical engineering and worked in the pharmaceutical industry. My sister is a professor at a university. I would tell her my understanding of the Covid situation and she would tell me what her public health colleagues at the university were telling her. Needless to say, we did not see eye to eye. A couple of weeks ago, we were talking and she said, “you may find this interesting seeing as you are anti-vax.” I’m not actually anti-vax. I am just a realist about the pharmaceutical industry. But she then proceeded to lay out a pure red pill story about a breast cancer scare caused by enlarged lymph nodes due to what her doctor said was too ably caused by a reaction to the vax. Her doctor also told her that she had as seeing all kinds of issues and would not recommend that any woman interested in child bearing get vaccinated.
The moral to the story is that our rantings about the data showing the public health catastrophe may get ignored, but reality itself has a way of changing people’s minds.
I used to say I'm not anti-vaxx. In the past, I thought that people like Suzanne Sommers (remember her?) and RFK were on the fringe, and that the medical industry would not hurt us.
In '21, our 38 year old nephew died from the C0VID vaxx. Our nephew's father is C0VID vaxx injured. Our 5 year old grandson (unvaxxed) is autistic; we suspect it's because of the childhood vaxx schedule.
As somebody who has worked in the pharmaceutical industry and still interacts with hospital and public health staff, I am under no illusion that the medical industry is particularly concerned about actually keeping people healthy. That’s why I say I’m not anti-vax. I think the entire industry corrupt. The vaccine is just another profit center for the industry.
But Bitcoin is the lord and saviour from this, surely. All the smart people who know lots and lots of jargon says so.
Funny. Bitcoin has been around how many years now, and the enthusiasts still don't grasp that Bitcoin was and is used as a beta-test version of digital currency under state/corporate control.
From a historical perspective, this is the same thing that happened when states who allowed (read: had at some point in time been forced to) private minting of coinage withdrew that privilege, sometimes forcefully.
Wonder if they'll nullify accounts and then put the same amount into everyone's to give every US citizen equity and a level starting position? Could easily be combined with a system where you upon becoming a legal adult get access to a sort-of starting fund that's been held for you (i.e. not activated) until then. Obviously with loop-holes for the 1%-ers, such as certain investments, assets et c not counting towards this "citizen's credit system".
We had a saying here, back in the day:
"You can't vote the bankers out of office".
But hey hey, is much different from communism, yes?
Even bitcoin is only useful if you can buy things with it. The people (or companies) you buy things from, unlike bitcoin, and the things you want to buy, also unlike bitcoin are real, physical entities.
Such entities are easily put under the control of the Powers That Be. And they certainly will do so, if that is what must be done to maintain their Power.
Bitcoin, along with precious metals, can be used to try to preserve wealth, perhaps grow it, and as a possible means of exchange. But once everyone is under [their] control, other than trying to create and defend a Gulch somewhere without Galt's magical invisibility system, there are really no options.
So the only real option is to defend freedom and sovereignty -- of both nations and individuals. That is a political ploy and is possible, before things get too bad. And it is even possible to undo things like CBDCs. Not easy, might require kinetic action and certainly will involve political action. But all is never lost.
[They] let you buy things with it today. And don't get me wrong, I like BTC for many of the reasons you mention. But you can only buy things with it, because the counterparty accepts it.
The moment [they] decide to end this, they will. 'Only CBDC accepted.' Any physical entity in their jurisdiction can, and will, be put under their thumbs to the extent necessary to maintain their power.
Sure you might be able to consummate (illegal) peer-to-peer transactions within limited circles (your Gulch), as you also could with (illegal) silver coin... but any enterprise of any size (any brick and mortar store, or any online vendor) will be under [their] control.
The only way to stop it is politically, difficult but possible. They may be turning the heat up on the frogs too fast this time. We will see.
It’s interesting, the more I think about it, the more I think bitcoin was a creation of the government.
People would be excited about bitcoin, I have always said it will never be a viable currency, a speculative investment yes. The government will not allow true competition to the dollar. End of story.
Any thing can be a currency/money, it's just a matter of how good it is at being a money/currency.
No doubt that USG wants to maintain USD hegemony, and they will continue instigating color revolutions and endless wars to do so.
The downside risk of USD collapsing is infinite since all fiat currencies trend to 0 (guaranteed loss of purchasing power at least 2% a year). Upside risk of BTC's purchasing power is asymmetrical (~+250% year-over-year on a log scale). From a financial risk perspective, it would be dumb not to allocate a least a little bit to BTC to hedge. Just make sure you have a hardware wallet and hold your own keys. Not your keys, not your coin, as they say.
I agree with much of what you say. I don’t know if BTC will ever be a practical alternative as a currency because of its unstable pricing. If it actually did start to compete with USD in terms of people transacting in BTC, the FED and US Government would move to squash it and make it illegal, as they did with gold. And they could do that because as you said, there’s no anonymity.
Understandable, though I think if we look at one system (BTC) from the viewpoint of another system (USD) then it makes things confusing. The volatility is a feature, not a bug. I would argue that it's exactly what one would expect when a market is engaging in price-discovery. As more people understand it and adopt it, and as more capital from the other markets flows into it, price will stabilize (in terms of USD).
I am more optimistic, I suppose. I think given communication technology and speed of network effects, not to mention the game theory involved with other countries adopting it and being open to it, will prevent USG from going that far.
IF they DID go that far, I could move out of the country to a BTC-friendly country with just the 12-24 seed words memorized, which gives me access to my BTC.
Make sure that Bitcoin-friendly nation has its own nuclear arsenal with intercontinental strike capability.
The US is not above starting a war to stop another nation competing against the dollar, if it's low-risk to the rulers. Just look at how the US openly threatened the ICC the other year.
Which kind of limits the choices available at present. Russia and China are not alternatives. Israel is right out, the Mossad or the Shin-Bet would bundle you up like Eichmann and hand you over if the USFor. Dep. coughed. So... India or Pakistan? Or DPRK.
One other thought, I think if the US Government truly did believe BTC was unstoppable, they would just try and co-opt it.
When BTC was first “introduced,” one of the selling points was that it offered complete anonymity, and then come to find out it actually offers none. Perhaps this was propaganda put out there to dissuade people from adopting it in the first place, by claiming only criminals used it.
As long as there’s a central bank, there will probably not be a viable alternative currency. There will be speculation though.
With a free market monetary system, what you say about price discovery is exactly correct. I’m cynical though and truly don’t believe they would allow for stabilization to occur. They would rig the markets, I wouldn’t be surprised if they already have. Then if that didn’t work, they would pass laws.
The vast majority of people can’t move out of the country. The government would resort to making it harder/illegal even to move large amounts of capital out of the country.
Literally the purpose of Bitcoin (not Crypto). Reference to the bank bailouts of 2008/2009 are included in the Genesis block by Satoshi.
Bitcoin is trustless, permissionless and peer-to-peer. The first truly digital scarce asset. I encourage everyone to diligently research and understand it, then start buying it as hedge against constant monetary debasement, and learn to take complete custody of it (to a hardware wallet).
To a degree, yes. Depends on how you acquire BTC (i.e. through a service that is forced to use some kind of KYC or non-KYC p2p purchases). You can also send BTC you've acquired through coin-join services to further obfuscate chain analysis, if that matters to you. In the end, the bitcoin network is a publicly auditable, but immutable, ledger. Not unlike USD, people can choose to interact/use it in various ways that suits their comfort for privacy, though there will be tradeoffs (i.e. you can try to use cash for everything, but there are obvious convenience tradeoffs).
For me, privacy is secondary. The inability to inflate the supply (digital scarcity) of a digital commodity that you can take complete self-custody of, as a bearer asset, is what is revolutionary. In a world of fiat currencies that are constantly being debased at the whims of the political/elite class to fund their endless wars, pet projects and junk science/academia, this is most critical.
With a good deal of hoop jumping. But its fungibility is shot. https://sethforprivacy.com/posts/fungibility-graveyard/. The BTC community is starting to recognise this but they have a lot of work to do. At the bottom of the BTC rabbit hole one finds Monero (XMR) - which is truly private, anonymous, low transaction fee crypto, by design.
Privacy is a matter of degrees, and not everyone cares about privacy. I would argue that it's more important that a currency and asset retain/increase purchasing power, and also that it can't be censored, on a peer-to-peer basis.
If your government fiat currency is losing purchasing power 10+% (and that's being generous) month-over-month, then privacy is the least of your concerns. You're just wanting something that retains its value/purchasing power over the long-term so you can continue to take care of food and shelter needs. This is why BTC adoption and use is highest in the Global South. Privacy is a "luxury" concern for us Western nations.
Western nations have had "stable" economies and currencies (only 2% inflation every year, yay!) and have complex investment strategies and structures to try and build wealth/savings to some degree (because holding fiat cash is guaranteed to just lose value).
It's not as easy to use as a means of exchange in Western nations, compared to other places in the world where they are already using it. We have much less of a "need" because we have the privilege of a "stable" currency (only ~2% hidden tax/inflation a year).
I tend to buy and hold as a long-term investment as insurance against the guaranteed debasement of the USD.
For now, there are some options like Bitrefill, that allow you to purchase vendor gift cards and prepaid debit cards directly with BTC, on-chain or with Lightning (though they accept shitcoins/crypto as well, much to my chagrin). There are many people who get paid directly in BTC (using services like Bitwage) and live as much as they can only using BTC.
A transition would be a long process, and more difficult for us who have been living with convenient technological solutions and financial infrastructure, but by no means impossible or even unfeasible.
Every Financial Institution in the world is subject to the US FATCA law. As such, they must report all transactions on accounts over a certain thread hold held by US persons. The reality is they are reporting on us regardless of the balance. Failure to do so results in a 30% non compliance fee on all US derived income. For citizens of other countries living abroad, most of the OECD’s CRS that rat them out to their home lands. For nor, most living in the land of their birth and citizenship are free from theses concerns in the present. However, as we have seen with the $600. Venmo reporting requirement for US Citizens and non citizen residents, this will likely be the case domestically once they use we expats as the Guinea pigs and get things ironed out.
Yep, one of the many reasons why privacy is lower on my list of concerns. I worked at banks, took the required yearly training on KYC/AML and also worked in IT department supporting an application the bank used that processed all the AML-flagged transactions. First priority for me is trying to build up long-lasting savings for my children and contributing to a cause that I think could make the world better, particularly for the poorest people in the world.
Sorry. Been in the banking world for many years, and now the macro economics/Bitcoin world for 2-3 years, that I forget there's so much stuff most people aren't exposed to.
KYC - Know your customer. Basically financial institutions have requirements on what kind of data they have gather from you to create accounts. Internally they talk about how you need to "know your customer" well so you can be prepared to catch potentially suspicious or fraudulent activity
AML - Anti-Money Laundering. They have all kinds of rules that flag transactions to potentially go under more scrutiny for possible denial or account suspension. For example:
1. Looking at type and amount of purchase you make
2. Looking at type and amount of deposits you make
3. Looking at the nature of your business (for business accounts). For example: much higher scrutiny/restrictions if your business is involved in gambling, money transmitting, payday loans.
4. Looking at your country of origin (i.e. you can be considered high risk, and possibly denied, if you're from a country that US considers high-risk)
At this point you can use it and exchange for fiat thru Whatsapp in the future (VERY SOON) there will be website set up there that can take it so it's starting. YES!
Correct for now BUT you are on their radar anyway LOL
In a few months there will be websites set up and alternates to you BOOB and other platforms that are all self contained. People will be selling on there soon.
Yes I am, which is why sums of money showing up in my possession without a known source are problematic. What you describe already exists in Japan, but are of no use to me. Yes, I sell off personal items for the various systems versions of e-currency and use to buy other items sold in the system. For hobby goods, yeah this is fine, but to raise money to pay monthly bills, groceries and gas it is absolutely worthless as those are accepting any methods of payment other than cash, credit cards or automatic withdrawals from my bank accounts. Exchanging from these e-currencies to cash that has no providence attracts the attention of the anti money laundering agencies. Not good.
price is pegged to exchanges all using trojan horse stablecoins backed by vapors. Stay away as a hedge. they will pull the $115 Billion fractional reserve stablecoin scam rugs USDT and USDC controlled by dot gov later this year. There will be no bailouts. They can't roll out CBDCs until decentralized competitors are destroyed. Kraken is cracking. SEC going after Coinbase. "Influencers" peddling shitcoins like TRX getting fined. They've known this for years and have taken all the steps necessary to set up a collapse. In a post-cbdc world they will be essential, especially privacy tokens.
lol "Nonsense! It's pure FUD my diamond hand friends." Mined my first BTC in 2012. Bought the first ever batch of scrypt miners for LTC -KNC jupiters. Traded actively when all tokens were pegged to BTC. Lost my shirt many times when exchanges collapsed or were hacked. Went through ever bull and bear market while red-eyed HODLERS were wiping their noses in diapers. Stablecoins are a trojan horse. Fractional reserve shit coins backed by nothing, planted to control the market, launder people's money, and eventually destroy crypto to pave the way for CBDCs. Tether does not hold $76 Billion in reserves. Circle does not hold $35 billion in reserves. Yes, all others please do your OWN research or you'll lose your shirts too. Just like those poor crypto bros on FTX last year who will be delivering your pizzas tonight.
Agree that stablecoins are BS, just like all alt coins/crypto.
Sorry you got rugged by exchanges, this is why you by p2p or use non-exchanges like Swan Bitcoin and withdraw to your own cold storage to have true custody.
It IS a different language isn’t it! If only i was well versed in the abbreviations dept., but in spite of that i just sense that your remarks are on the mark good citizen!
Qortal.. TRULY decentralized.. no not as big as bitcoin but not miners that made all the initial coin and then the rest of the crowd. You mint, you earn!
The planning ability of this group tells me that this isn’t going to as smoothly as a flip of a switch - in fact I think it’s going to blow up everything (even more so if it works). CBDC’s don’t fulfill the role of money .... it turns money into a subscription - that’s going to lead buildings being burned down
And what happens to all the new electronic-only money when Putin or Xi decides to cripple the already-weak USA with a single EMP set off in the middle of the continental US? If I were Putin or Xi, I would have done it already or made exact plans on where and when to do it.
We'll be bartering for certain when/if that happens, the percentage of us who survive, anyway.
Third option: duck and cover and weather the storm.
Unless enforced globally and unless the cosmopolitan ideal (now called globalism) of destroying allehtnical and religious identities succeeds - good luck with that outside the West - this system will only hasten and finalise the collapse of all western civilisation.
So let's prepare for Ragnarök, knowing that grass will grow again once its over.
For those who think they can just opt out of this, do not fool yourselves.
Over a year ago my family stumbled in to a nasty surprise. We were nearing the end of a city hike when my oldest kid, then 8, suddenly needed to use the restroom right NOW. We were in a newly opened shopping area underneath elevated train tracks in Tokyo. I quickly found the restrooms, but they were all “QR CODE ONLY” restrooms. To use the restrooms, you first must obtain the QR Code from a qualified merchant in the shopping area. To do so, you first must make a qualifying purchase with from the qualified merchant. Once the transaction is complete, the merchant will prove the QR Code for you to scan with your idiot phone. You then take your idiot phone to the QR Code controlled door and have the QR Code scanner scan the code from your phone’s screen. Let that sink in a bit. All of it.
I do not own an idiot phone. Kid is crying out that they need to use the toilet. “Luckily”, my wife has an idiot phone. After inquiring with a few shops, we find one that is qualified to provide us the QR Code necessary to allow our kid to use the restroom....after the qualifying purchase was made. Now, imagine this incorporated into the ESG system.
As far as every one entering it voluntarily, what else have we already voluntarily entered? We voluntarily allow all sorts of tracking even when we turn it off or decline offers to share data just by carrying the devices we use. Our computers are designed to spy on us and they do. Our banks spy on us for the governments as do our credit cards. While this may not be in use in the US, for certain uses, cash is tracked as easily, perhaps more so, than other transactions in Japan. The most common form of payment of wages and salary is through direct deposit with the most common and preferred to the point of penalizing those who don’t method of paying monthly bills is through automatic allotments. I do not like this and receive as many bills through t he mail to pay via cash as possible, and pay more to do so. However, the bills come with a barcode that probably displays all my information on the screen of the convenience store’s register and certainly collects and sends all the information including location, date and time I paid the bill. Simple to implement in the US or anywhere.
While one of our local supermarkets is pushing back and only accepts cash, the number of registers accepting cash at other super markets and convenience stores is decreasing. The fear of catching covid has driven this still cash based society to embrace a “cashless” system. I am of the opinion that one of the many goals of the panic is the destruction of cash as legal tender and is using all the tactics laid out in this article.
There is no hiding from this. It must be fought and defeated.
Timing is the issue. If you go ballistic now, you’re just doing to be characterized as a lunatic and nothing will be accomplished. It’s fine to argue against these idiots, but don’t be made an example. That serves no purpose.
Time is short. Every aspect I have learned about was already well under way at the time I learned of them. Various groups of people around the world have had their accounts closed or frozen for a number of years due to where they were born (Bank lockout for “Accidental Americans”) and in the US for businesses that were/are perfectly legal but where of a nature those in government did not like. With the advance in tech, the use I use Big Data, IoT and FinTech, the change can easily come as quickly as a switch turning off the lights. Too late to do anything then.
That wait and see tactic was what experts suggested for FATCA. I have now had every transaction I make in Japan where I have live for over 20 years reported to the US since at least as early as June 2014. I had to provide my US SSN# to open a new bank account in Japan a few years back, the first time in 20 years living and banking here.
But the worst of this wait until it get really bad mentality is that my children, born inn japan to a Japanese mother are also subject to US tax and reporting g requirements die to the fact that one of their parents was a US citizen at the time of their birth. The consequences a waiting are far greater than we know until it is too late to prevent them. The effort to correct these are far greater than the what would have been required to prevent them. As firefighters say, an ounce of prevention is worth tons of water. Yet, no one wants to expend an ounce of prevention until tons of water are required.
The taxation based only on citizenship is unreasonable and other countries don’t do it. I thought the FATCA stuff pertained to bank accounts and offshore investments versus everyday transactions.
One other country does it too, Eritrea. The US actually practices both residence and citizenship taxation.
Yes, it is widely reported that FATCA only pertains to bank accounts and offshore investments. The problem is, the US defines offshore as outside the US, no offshore from the residence of the account holder. And it is on everyday accounts. In covers all except Savings and Loans, which my employers will not send my pay to. According to the FACTA letter provided by my newest bank that was prepared by The Japanese Bankers Association, every single transaction is reported. From the letter. “If you are treated as a U.S. Person, we are required to periodically report your information such as name, address, account number, tax identification number, account balance, interest income, etc., to the U.S. tax authorities.” Then on the “Self-Certification for FATCA: waiver that must be signed our you can not open an account, we have the following. “I hereby express my consent to the bank that te bank report information about myself (name, address, TIN, transaction records (account balance, change in amounts, etc.)) the the Internal Revenue Service of the U.S. and to the Japanese Tax agency for the p”. Yes, it actually ends with a “p”.
FATCA/FBAR/CBT reporting is no more accurate that reporting on covid.
If you wondered how they were going to pay for that debt, here you have it. Once you put "your" money in this bank, it's now *their* money to use as they please.
But if you think the really wealthy people will put their money in this bank, you're hitting the catnip a little too hard. This is just for the plebes, even if they have some money.
I started smelling something fishy at the beginning of Covid, when I started began to see the signs, “Due to a national coin shortage, we no longer can accept cash.” Glad to see that some people finally see what’s happening.
This is THE topic behind a lot of the other crises we are enduring nonstop these days. These dumbasses/evil geniuses (take your pick) have way way way bankrupted the country ( As have their equally venal counterparts in various other countries) and the peanut butter has just about broken the fan. So what’s next, fuckery-wise?
CBDC basically in one fell swoop turns all of us into slaves because if successful they can track you and penalize you and nudge you and rip you off at a microscopic level every nanosecond. Raiding retirement accounts? Some type of global debt jubilee? Repricing gold again? How do you escape- paper dollars
are not a long term solution. Crypto, gold, bullets, sacks of rice, and single malt whiskey?
Welcome to the black market, gringos. They need to pass laws. They can’t just mandate this crap. But who has faith in the New Jersey Generals up in Congress to win this one for the little guy? Not this guy. I’m thinking a farm in Sardinia or the Azores is looking pretty good right now. ....What a colossal pain in the ass these people are.
Look into FATCA, what it is the various court challenges and their results. FATCA forces every foreign (To the US) financial institution on the planet to report all info they have on US persons, as defined by the US, to the US. A carrot the US used to get every country to sign on was that the reporting would be reciprocal. Experts, including lawyers and financial gurus said this would be the down fall of FATCA as reciprocity would require an act of Congress, which would never happen. I and a few other non experts said no, it will be done through regulation. As with us arguing against masks and the other covid nonsense have been called everything under the sun, so too were we similarly treated by the experts.
Then the regulations came. The Bankers associations of Florida and Texas took the Treasury dept. to court over the cost of implementing the reporting sites required under the regulations to facilitate reporting of their account holders who are not US citizens to their homelands. They did not challenge the fine that would have to be paid if they did not comply, they challenged it on other grounds. Yet, it was dismissed for lack of standing based upon the Flora Rule which stipulates that a tax, fine of fee can not be challenged until it is paid.
Experts: 0. Me and others who deal with the business end of laws and regulations: 2.
But not every outcome is the same. The government has lost a lot of cases in federal court recently. Your point is well taken and has merit. Every situation has to be evaluated individually.
True, they have lost a few. However, this has also opened my eyes to a fact that I simply did not believe could be true in the US. While the cases that opened my eyes to this ugly fact are against states and not the federal government, it seems to be true on the federal level too. In Illinois and I think in Michigan, store owners took their states governor’s to court over the Executive orders closing businesses. They won. Great! Hallelujah! We won! So all stores can reopen, right? Nope. Only the store who were party to the lawsuits could reopen. For other stores to reopen they too would have to raise the funds for lawyers and take the governors to court and win.
These losses on the part of the government do no more than give a plaintiff against the government a ruling they can cite in court on their behalf in the hopes of winning but only if they first have the funds for the legal challenge and survive the standing hearings. It has been nothing short of traumatic to realize that these wins were of no use to myself nor to most others.
I have helped fund a legal challenge against FATCA in Canada. The amount I sent, in cash in envelopes and probably in violation of laws in the three countries involved, was nothing compared to the over all cost of the Charter Challenge but a huge sum for me at the time. After these past 3 years, I am even worse off. We lost both the first round and on appeal. The damage to that nation’s financial sector if they upheld the rights of Canadians born in the US who moved with their Canadian parents to Canada as young children was deemed of greater import than the rights of Canadians.
I strongly disagree with your statement “did they set it up on purpose? i doubt it.” The FED’s and USG’s policies of massive monetary expansion during relatively low interest rates and then historically rapid interest increases could only end in bank failures. The flood of government cash created the demand for a lot of relatively low interest rate debt instruments that got crushed in our current high(er) rate environment. And that’s what happened. To paraphrase Rahn “Don’t let a crisis go to waste and if you don’t have a crisis, get one.”
How many days before hackers provide the regime with due cause for (even more) drakonian laws and measures?
Because trust me, no matter how easily hacked CBDC might be, that it could be hacked will be used as proof that another batch of "Patriot Acts" are needed.
No black op or psy op needed, the panty-sniffer brigades of hackers will gladly tap keyboards with their semen-and-cheeto-dust encrusted fingers (that will be the image set by media, plus "right-wing extremism and MAGA) on their own volition.
The major issue is that there's no practical difference between dollars printed out of thin air and dollars printed digitally. The 'experts' can pretend that the digi dollar will stabilize the system, but that system is destined to crash exactly the same as this one is -- this is just another way to kick the can down the road.
In fact most dollars today are created through nothing more than accounting entries at the Fed and fractional reserve financial institutions (namely banks). The existing state of affairs isn't going to save us from terminal inflationary resolution due to decades of monetary distortion. However concerns regarding privacy and personal choice due to imposition of CBDC's are absolutely valid.
Totally agree, but the government basically has this ability today. Ask the truckers.
this is a much more granular version.
today it's a blunt instrument. we lock your account.
this could be "well, you cannot travel/pay for planes/trains/gas"
you cannot buy guns.
you can only buy 2 pounds of meat a month.
etc, etc.
it's a whole nother level
Can you imagine the government telling the current welfare generation they can only buy two pounds of meat a month?
A dozen cities would be burnt rubble overnight.
Same for some of us who've worked and saved all along just so that I could eat as much meat as I wish.
The prison system is overcrowded w criminals. They will need to make room for political prisoners. Before the crash, when they start releasing criminals in large numbers.... get out of town.
Maybe they're ok w that. The government can no longer afford to pay fpr crumbling infrastructure. Let it burn.
As much as I'd like to think that would happen; with enough media cooperation and spin, the welfare class could be convinced to go along with eating SoyBugPaste.
I think a lot more than the welfare class would go along with it. About half the country at least will do whatever our benevolent rulers dictate.
Who says they're the ones who'll be throttled?
If they aren't, there's no threat.
Nah. Not over meat. Now, ration their on-line game playing time and you've see all that...:-)
The ones that weren’t already?
Imagine the legion of comptrollers and the AI that could be put into use here. Say you've used up your egg-quota for the month but want to buy some for your mother next block over?
To ensure "flexibility", an AI/human system of arbitrators can be used to make allowances for that.
With absolutely no spying, yes?
Which would in under 20 years condition everyone growing up under such a system to think of it as normal and natural.
O'Brien's boot-face metaphore looms closer and closer.
Sad how some people took that book as a warning; others took it as an ideal worth achieving.
Yeah, it'll get pretty granular when you're eating your neighbors digits for meat.
Finger food!!!
try to find the ones that pick their nose...more protein
lololololol
The proof of concept project is already active in China and works well for the CPC.
Why would any self-respecting bimbocrat or Justin Trudeau want less?
What do you think the Social Credit Score of Substack authors, readers, and comment contributors will be? Do you remember negative numbers from Grade 11 ?
Oh boy… I’m in SO MUCH TROUBLE! 😳💩💩💩
As are many of us… this is one of the best places to rant and rave! So many soapboxes… 🤦🏽♀️🤦🏽♀️🤦🏽♀️ I’m sure it will be a long time before I get back to positive numbers for their idiotic credit score… probably never… 🤷🏽♀️
My hubs is ignoring all this. Thinks I’m a crank. Maybe he will be able to get meat and eggs for me. I’ll steal some chickens. Hide them in the cat enclosure. Would a loud wind chime cover the clucking? Guess we gotta laugh while we make our own diabolical plans.
Hahaha! Yeah, I'm not counting on mine being high. No BidenBucks for me. What a shame.
3d Printer, small scale CNC before they ban them.
Do you have a good recommendation for a small scale CNC?
I don't know enough about the CNC's.
I’ve read about “digital wallets” that would act as an intermediary, and provide anonymity, similar to a VPN. Do you think there’s any practicality with that option?
There must be a way to provide privacy.
Whatever privacy those may provide, they will be able to know how much went in to the wallets and how much come out. They will also know where what is being sent. This is just ONE PIECE of the digital prison. IoT, FinTech, QR Code controlled access and the ton of personal data I must provide to use or get cash under certain circumstances are just the ones I am aware of. Certainly there are others.
That's a normal cryptocurrency, they will make absolutely sure you do NOT have any privacy or control.
Have your account confirmed by a Nigerian Prince?
Lmao
And consider PFRA (agricultural funding almost bank). When the feds really got going they started to enlist other areas of government to identify and weed out dissenters. If you can find the stories on line you would think someone got an old copy of a Stasi operational manual. And the civil servants just went along blindly - mostly without question. I don't think anyone has to puzzle about how the Germans allowed their govt to go completely off the rails. Canada has provided a small sampling of how easy that is.
" I don't think anyone has to puzzle about how the Germans allowed their govt to go completely off the rails."
Nope, that mystery has been solved, in exactly the wrong way. :(
Also true. However if we are forced to use CBDC's we will be controlled even more efficiently through automation.
"Spend this money by April 1 or it disappears!"
"Im sorry, your transfer of money to account ###### has been terminated. Holder of account ###### is registered as a source of misinformation. As such, holder may not receive transfers other than from approved sources. To learn how to become an approved source, please click on the link below."
"The money has been forfeited per our terms of service."
Yes. Kirsch should open his own SV bank. Bank of Mister Information Spreaders. Instead of "SEE, I told you Vax is bad" newsletters.
Good one Rikard!
Good example.
Worst April fool's joke ever. Ugh
And spend it on what we allow you to spend it on.
Yup, pretty much a totalitarians wet dream.
Yes, and they are closer to carrying it out than we know.
Are they locked out of restrooms until they use their money in the approved manner?
A lot of truth here Simulation Commander. However, while the system changes little, we can pull all or most of our cash out of banks, and keep enough in there to pay bills. What does that do to their system when smaller customers do this? It forces the system to remain as it is, but we control the funds, the actual cash ourselves. Does that mean they do not have our cash to play with anymore? Oh yeah.... Does that mean they are going to push digital banking and end cash even harder? Oh yeah. We Americans have to say to the government, no no no. You can do the banking digital system all you want, because if you hadn't already noticed, it has been this way for some time already. The American government will have a revolution on their hands regarding any attempt to force cash out of transactions completely. We Americans control this, not the banks and not the government. I am pulling my cash out and I will control my own cash and the banks and government with all their plans be damned. They will have to figure out another way to con Americans out of their money so they can "use it to enrich their coffers". We are not this stupid. Well, some of us are not. And we raise hell!!!
Yep. If they're able to get cash out of circulation somehow, we're in serious trouble.
As it is, my rule of banks is the same as my rule of crypto: Only put in what you can afford to lose.
Not much faith in America since 2020. Vast majority easily forfeited their freedom, bodily autonomy & totally complied w/ all of the insanity, in many cases going along to get along, or taking the jab for something as stupid as the ability to travel. Many will believe that ultimately, CBDC will be a real convenience until they realize too late that it isn’t. Just like many are realizing what they’ve done to themselves w/ the jab.
Ah but don't you remember, covid is still in play. Remember at the very beginning of covid when their was a coin "shortage" and they were telling people that the virus was on the bills? I know of some yuppies who started to refuse cash after that. Yinz guys keep talking like we can avoid a fight, you ain't going to avoid the fight. How bad do you want "muh freedom"?
I remember the coin shortage. And there are a growing number of shops & services that refuse cash now.
Went to the university canteen the other day. The kids are all waving their phones around to pay for everything. Not a coin or note in sight. They are already there. The conditioning is set. Forget about telling the politicians or voting them out. Forget about revolution. People won't fight for something that they don't want or use, or think they need. The kids assuredly do not associate their phones and digital money with curtailment of freedom. Yet.
My sons do ALL banking & other transactions online 😔
Me? I know I’m dating myself but I still get a physical paycheck (everyone else in the office does direct deposit), physically deposit it & I still write checks for bills & use cash for everything local. I fear all of that is soon to end
Here in the "global south" not everyone has a cell phone, computer, or access to sufficient data, or even electricity. My hope is that it stays that way, as it could at least keep the digital overthrow at bay for a while. Worldwide, we will have to rekindle a system of barter, if it comes to it.
Yepm that is the BIG issue. We have to fight that to the death. Take heed America. Stop being so damn compliant. Just say no. The time for pitchforks is the CASH issue and even the smallest mind can wrap around CASH.
"Only put in what you can afford to lose."
Solid dating-advice too.
ask John Bobbitt that
And Ryan one-ups me yet again!
Dammit man, didn't even think of that old horror-story!
🕹✂️🩹
Now I'm going to have real nightmares!
Lmao. Love it Rikard. Wish we could have a drink sometime and cut it up
Canned beans and .223 will be the new cash.
If I recall, that's what they did in India sometime in the last two years with 1000 rupee and 500 rupee notes. They declared them obsolete and people had a certain amount of time to get their "refund" by handing them over.
Similar thing is happening in Nigeria at the moment. They decided to introduce new bank notes, with a drastically short time announced to phase out the old (a month and a half!), and also restricted the amount of new notes at the same time. One of the goals being to "promote a cashless economy". Needless to say, chaos has ensued.
https://www.google.com/amp/s/theconversation.com/amp/nigerias-central-bank-made-critical-mistakes-that-doomed-the-countrys-currency-redesign-201578
This is not surprising. Thanks for the link and the info. I have a feeling we're in for a really rough ride.
Well, when they ban physical cash.. a lot of people are going to go along. And if you don’t, you’ll risk being caught every time you try. It’s not gonna be that easy to avoid this. “Physical cash transactions are illegal as of 3/1/2024. Prison time for anyone caught doing it. Cash into the digidollar now or your cash becomes worthless.” Etc.
And require a digital ID which will only be provided to those up-to-date on shots.
That's a bingo! People being treated as cattle.
Or chattel
Did you see that recent court ruling somewhere in like South Carolina that ruled that fetus can be bought and sold like chattel? That’s what you made me think of
And just for good measure they'll make you wear a mask
And eventually get a QR Code/Quantum Tattoo/microchip in your hand, wrist, or forehead.
I’ll die first (and it might come to that, I’m fully aware)
Agree. There's no coming back.
Hill I would happily die on.
I think this is exactly how it will be implemented. We saw how corporations and people listened to the gov and went right along with the vaccine mandates. Gov and corporations are joined at the hip. Many already no longer take cash for a transaction.
Governments have outlawed the use of old currencies in the past. Why would the US not be able to the same? They do not need to take out of circulation; all they have to do is say it is no longer legal tender. Or, they can just do as they have been, keep “printing” more and more of it making your cash worth less and less. A few years ago, I looked into how much $10,000 in 1970 was worth in the years I checked, around 2017, it was something like $68,000. If there was something I wanted that cost $10,000 in 1970, I would have to $68,000 for in it 2017. With the “printing press” cranking out dollars like a sailor on shore liberty drinks beer these past few years, this is probably an even bigger problem.
Using certain non cash methods of payment requires ID and sometimes other documentation. What could they not put the same requirement on cash transactions? They do in Japan for some cash transactions. The US can do it too.
We need to fight this, not try hiding from it.
When they suggest CBDC, counter with gold and silver. Constitution already states its the only real money in the united states ;)
A constitution is nice (the US one is very nice even), but when the velvet glove comes off, it's just a piece of paper.
As Stalin is claimed to have quipped when criticised by the Vatican: "The Pope? How many armoured divisions does he have?"
At the end of the day, there's power and power rests always on the will and abilty to do violence to others until they comply.
A constitution isn't much use except as a rallying point, but without the will to power it is nothing.
Exactly. Fredrick Douglass is reported to have said that there are three boxes that secure our liberty. The ballot box, the jury box and the cartridge box.
So much for the ballot box and the jury box.
Ok, and I do agree, but how to we put this into practice? We really have a short time to kill CBDCs.
You'd have to start buy having a local meeting and proposing the idea and explaining why you're proposing the idea. Fan out the idea from that. The same method El Gato speaks of above can have a counter or be used against those who employ. Do the same thing, just offer a different alternative. Frame it as a local thing, we've been globalizing and putting control of our lives in people we'll never know for far to long. No that hard to frame, you explain that all our current troubles are due to Mega corporations and corrupt government. Shouldn't be a hard sell ;)
I am the only person I know personally who does not believe in masks. I am also the only one among all these folks certified in respirators. They all think I am crazy for not wearing a mask. Yep, I see them open to this idea.
At any rate, how far have you gotten toward this goal? Time is shorter than we think.
Catherine Austin Fitts on Del Bigtree tonight breaking down Cbdc , Fednow and the connections with the French riots. Excellent
Thanks for this. I've listened to her a few times now. She's been sounding this alarm for a while (and I must admit that I was too pre-occupied with the Covid insanity to pay close enough attention).
WTF? There's a HUGE difference!!
Absolute total control over every dollar you spend, controlling on what, when, how much, how often, how far from home etc.
Wake up, please!
https://youtu.be/vJYaXy5mmA8
You are so right! CBDC is simply inflation (more devaluation of the currency). No rational person would transact in this currency (what Chinese supplier will accept Walmart's CBDC currency?). No rational person would save this - you'd just spend it the instant you could on whatever you could get & try to trade the stuff later as necessary.
Inflation is NOT rising price levels; it's falling currency value - this would accelerate that decline. Basically, US economy shuts down & US government collapses (because what soldier would accept this crap as pay?).
This is the end of world.
This is what I've been wondering. I'm no economist, but if the fiscal cliff is approaching no matter what, then what is the actual solution? War? A New New Deal? I suppose Ukraine, Pharma Phinance, "climate" interventions have all been attempts at this, but it's not enough. There looks to be pain, tightening of belts and a looming second Great Depression, no matter what. Presumably the CBDC is intended to manage the looming restrictions in a more, um, controlling manner? But if the world is to avoid this, we need solutions. Fast. And a collective will to implement them, while simultaneously rejecting the Digital Dollar Dystopia, no matter what our wannabe overlords say. Can we do it?
Of course we can Ann Glover. We already have the system in place in American government to stop them, we just have to implement it and never give in. We need all Americans to get behind stopping this. It begins by dismissing those in government that are pushing this agenda. That would be all Democrats and many Republicans. Find out which of your representatives are supporting this tyranny.
I'm definitely rooting for you! We can't have the United States becoming the Surveillance States....
Ann, yes, there is a new system and coming fast, I just hope it comes fast enough.
No we cannot rely on the American constitution. As I like to annoy people by saying, that either allows everything that has happened or it has failed to prevent everything that has happened. Pick your favorite?
It's not 100% ready for general adoption yet, but there is a system coming.... Q
Here's holding thumbs that we will emerge from it soon. It's feeling like poverty by a thousand cuts!
"A society that lives above its means is destined to live beneath its means." -- Ron Paul
Two different things. Both bad, no doubt. The "printed out of thin air" devalues the currency and drives inflation. Interestingly, just the ability (even before it's done) is enough to devalue currency when government debt is exploding because to currency traders and credit sources, they see the "print more money" as inevitable. So this is very, very bad. But central bank digital currency is another kind of bad. Sure it has all the downsides of printing currency that isn't backed by any tangible asset. So you're spot on there. But it carries all kinds of additional badness. The digital currency is easier to control after it's issued. See the meme - it's not much of a stretch. Confiscation of your money is even easier.
Is it really that much more dangerous than the status quo? Once upon a time, when most folks relied mostly on cash, it was hard to just take it after it was printed. Today most people rely on electronic money or credit. You can't use cash on Amazon and increasingly in some PC places you can't even use cash for retail. We've gone from cards to "tap" and automatic transfers are the standard for paying bills. But with many different banks to choose from, there is at least the illusion of choice and pressure upon banks to appear to respect privacy. But is this reality? Well, it still takes convincing a federal judge for LE to get at your transaction records legally. Or a semi-competent 9th grader to get at it illegally. And convincing a federal judge isn't really hard, folks, so long as you can find one that supports the "goals" (aka politics). It takes not much more effort for a federal agency to seize your bank accounts. Three easy steps:
1. accuse you of a tax crime. This allows the IRS to freeze all your accounts;
2. people with no funds generally put up incompetent defenses
3. declare all assets "ill-gotten gains" and take it all
Step (3) gets all tangible assets too.
Federal regulators have tremendous power over banks. So while it may appear you have a choice, truth may be you don't. But collapsing all banks into a single, centrally controlled bank will "streamline" the process of controlling all transactions. It may be only incremental change, but it does look to be irreversible.
Actually it's scarier than that, because a digital dollar that is wholly controlled by the fed would never crash without bloodshed. You would basically have to have people murdering each other to undo that level of control over society.
If we allow such a thing then humanity will be enslaved forever.
How to fight back when your very act of buying some cardboard and sharpies identifies you as a potential protester, who can be insta-fined $50 and spending restricted by AI?
When the Chinese wanted to stop a protest they turned certain people's vaccine passport red and denied them entry to public transport. Imagine that level of control, but via ChatGPT and programable money?
Well, there is one difference. If it gets cold, I can burn a billion dollars for heat! :)
file:///Y:/Backgrounds/Memes/Burning%20Money%20for%20Heat.jpg
But if I invest $2,000 in printed dollars to get $0, that's better than investing $3,000 in digital currency to get the same return....right?
Return on investment exchanged in Rubles.
That might be the best suggestion in this whole discussion. $100,000 in Rubles, $100,000 in Rand, $100,000 in Bitcoin, $100,000 in Baht... and soon you will be talking real (survival) money. Multiply by 10 or 100 for big shooters, but the 100's will generally surf above our peasant considerations and will have their jets sorted out like Goldfinger's Rolls.
So Mr Commie Libor Soural. WTF!!! Nothing is inevitable. Death is not according to Jesus Christ. Taxes are not. If you do not know why, that is your problem. God does bring order out of chaos. Sometimes though people die during the process, which generally does not care about the individual lives on this planet. What to unpack here beyond that? Nada. Too esoteric for me...
They are probably a fake bot.
I pay in cash as much as possible. If my local chain grocer goes to electronic payments only, I’ll find an independent grocer that accepts greenbacks. Screw this Fedcoin; credit cards are bad enough.
Yep. Cash or barter before digital slavery.
Gov could mandate all business to take your ID with each purchase (George Gammon explained this). Paying in cash doesn't solve the surveillance/privacy issue.
Yes, exactly. I have had to do so for certain cash transactions in Japan. For as little as $40.00, forty dollars.
https://m.youtube.com/watch?v=nsAUXmIjU1o
Here’s one of his videos
Don't be so sure. Access to the internet can be controlled through digital ID and a social credit score system. Internet access is not guaranteed at least not until some other version is developed that isn't dependent on an ISP (a for profit company that can be gov mandated).
Boy is this so true. Try to buy software and hardware for English OS computers from Japan. If any of the following, ISP, Credit card billing address or shipping address and probably others, are in Japan, the transaction is cancelled. Some songs purchased over iTunes in the States won’t play in Japan.
When you can teach me how I can put gas in my tank here in Japan and food on my table with it, without the transaction being reported to the US, I’ll be a believer.
Thanks for the links. They are much appreciated.
They control the gates in and out of bitcoin.
Sure they can. First, there is no one near me, probably in the entire country, who accepts bit coin for anything. i first would have to exchange for cash or some kind of other traceable but digital currency. Then, if the proper conditions are not met, such as a high enough ESG score, no chicken.
One thing that has been a major hang up for me with precious metals and stones, how to you use them to buy food. “Hey Mr. Green Groceer/farmer, I have right hear a Diamond/Gold coin worth $XXXX, see, I have a certificates that verifies it’s value. Can you sell me this amount of food?” Somehow, it does not seem likely to me that the farmer will sell to me.
Use silver to buy stuff and HOLD Gold to preserve wealth.
Very good advice
Not legal tender here. I would have to go to a broker, which are require to gather and send to the US all the info on me that the Post Office, Money wiring services and banks here are required to do. Same with diamonds. I can not even sell off stuff online without the sales being reported to the US, including all the info on the buyer too. We are all under suspicion of being money launderers and all transactions involving a US person are automatically shared with the US under FATCA and possibly the OECD’s CRS, if no US person is involved, just under the OECD’s CRS. It is already set up and in operation, though not completely as designed yet.
The point of precious metals is that they preserve your wealth; they're not as easy to take away from you as cash in a bank.
Eventually you have to convert them to some form of gov currency to easily make purchases but I don't think barter will be out of the question.
I have no wealth to preserve but I do have bills that must be paid. I am also unsure why or how they are harder to take away from you. FDR outlawed private ownership of gold. Yes, many did keep what they had, but they could not use it until that was repealed. It happened once, it can surely happen again. People are taking off with entire ATMs, they can easily take off with your gold even if it is in a safe.
But even if you have it gold, when you convert it to gov currency, they have you. They’ll just ask for all sorts of Identifying info and paper work. If I needed approval to cash an International Postal Money Order for $40 (forty) you can bet they can make similar and most likely worse required to convert gold to whatever currency they offer you.
These people are decades ahead of us on this.
And when tax time comes?
They do not need a working CBDC. All they need is for those of us who will not or can not partake of it to die of starvation or zero access to medical care or freeze to death because you can’t pay you energy bill.
Exactly. They don't need it to be successful or even work correctly, they just need it to be there.
Hoard your cash. You’re gonna need it.
Can easily make it unusable.
Yes, longer term it will be an issue.
I am of the belief we do not have much longer. I have already run across QR CODE ONLY restrooms and obtaining the QR Code required making a qualifying per chase from a qualified merchant. This comes after years of having every transaction through my local bank accounts in Japan being reported to the US due to US law and having to obtain permission from the main post office in Tokyo to cash a $40 international postal money order from my parents for my kid’s birthday and we do not even live in Tokyo.
It is much later than we think.
ME, too..... but this will still affect us if we have money in the banks.....how will we get our cash out if they will be monitoring it....
buy goods ahead of time. they will only get more expensive.
That's what I'm doing to the extent possible.
I'd say try to think about anything that would bring down your 'social credit score' and stock up on that.
Right....but where do we keep our money in the meantime.....when they go all in to CBDC.....
Small Local Banks or Credit Unions. There could be some safety in Big Banks, as they too big to blow up. It's hard to know exactly what will be seized and when.
U.S. credit unions association says CBDCs are not worth the costs
https://finbold.com/u-s-credit-unions-association-says-cbdcs-are-not-worth-the-costs/
BUT they also may not have a choice at some point
Good to know.... i will contact here, as well....
Well, in Canada, the credit unions apparently were all in with freezing of bank accounts.....
I think eventually every financial institution will be forced to go CBDC including credit unions. Canadian here: I think the big banks will be first so perhaps credit union buys some time.
A friend has transferred trading activity to a non bank affiliated brokerage, she's opted forQuestrade. I don't know how good/bad they are.
I've been buying some hard assets (things you can touch and hold). It doesn't completely solve the problem but at least helps to keep what's yours as yours, at least for a while longer...
Also stock up on food and supplies especially non perishables and keep your freezer stocked up.
This is a discussion of "timing the market." Most of us don't manage that well against professional traders, and by current example most of the banksters and traders don't either.
Then what?
That and the skills most no longer have to use, maintain and mend those tools.
They are monitoring it.
Me too, but what I'd really like is metal silver coins once again. Everything other than silver metal should be stamped "DEBT, NOT MONEY, MAY DEFAULT AT ANY TIME"
"What If" cash is no longer in circulation?
We just start using the old US silver coins with each other once again.
There are plenty of them out there.
Right but what about big purchases and freedom to use the money you earned....this is not ok.....
We need to step outside their control and build our own parallel systems, every day.
You can start now by using cash for everything, avoiding banks and credit cards as much as possible every day.
And start accumulating silver coins.
I understand but what about investments, etc...it's not practical....is this the only way to fight this..... this is why people will give in to the CBDC because it's complicated and not realistic ...... stores will not accept cash, gas stations, etc...how will you pay for things..... who will accept silver coins?
You have to start somewhere, or just give up and be a slave forever.
People recognize silver, especially old US silver coins.
Start by using cash everywhere you can right now.
Exactly......
Until they are no longer allowed to accept cash. Then what? Or they require a photo copy of your DL and your SSN# for cash payments. Then what?
We can use old US silver coins with each other.
There are only a few things we'd really be dependent on them for. Mostly, we can simply refuse to use their fake money.
How would you pay your taxes when your income is in a currency they do not accept? Where would you exchange it?
Right, for taxes, we're fucked by the bankers/government until the revolution and the hangings of the bankers.
But in dealing with each other, we can use silver.
Castro Jr already tested it against the truckers. The same people lining up for boosters will be lining up for CBDCs.
Hard to believe that was over a year ago.......
https://simulationcommander.substack.com/p/for-a-glimpse-of-the-future-look
Think back over the last, say, 20 years. Did you protest against the Iraq war? How about protesting at Occupy Wall Street? Were you a member of the Tea Party? A member of #TheResistance? Did you disagree with the government’s covid response? It’s nearly certain that everybody with a political pulse has crossed the government at one time or another. How comfortable are you with the idea that the person you’re protesting against can shut off your bank account?
Because now, it seems, those perfectly legal actions at least have the potential to come with harsh monetary consequences, as well as the ensuing chaos caused by financial ruin. And this is happening all without a single shred of oversight or due process. It’s just some asshole in an expensive suit giving a list of ‘subversives’ to another asshole in an expensive suit. The no-fly list but with the very real potential to ruin your life.
Not only financial ruin, we now have political prisoners in both Canada and the US.
The play is now clear. Insert a few agent provocateurs, have the media lie about literally everything and have your daughter's best friend's third uncle who happens to be the judge over you declare everything is fine.
See Tamara Lich.
A legal protest and the cost of defending yourself will ruin most citizens.
Donald Trump's ongoing persecution in New York is a prime example of the power of the state in abusing citizens, and also an example of the best defence, ie be a billionaire, a possibility unfortunately unavailable to most of us.
Exactly. And as you say, it is already happening.
Yuri, please quickly invent the un-demoralizer™.
excuse me mr. peter. it's ummm....almost as if you were ready for this conversation?...;]]
Unfortunately, a huge percentage of the population.
B-I-N-G-O, bad cat. They are employing the same strategy they used to coerce compliance with COVID tyranny: manufactured crisis for the old Problem-Reaction-Solution trick. And CBDC/digital ID was the ultimate end game all along.
#MistakesWereNOTMade, once again. And anyone who hasn't watched Tess Lawrie's knee-buckling performance of my poem should immediately spend 4 minutes doing so. I guarantee you won't regret it and will want to share it with everyone on the planet ASAP:
• “Mistakes Were NOT Made: An Anthem for Justice (Video)” (https://margaretannaalice.substack.com/p/mistakes-were-not-made-an-anthem-57a)
Mike Yeadon said in another post somewheres, he had a 0% conversion rate on red-pilling scientists with adequate data. What is your conversion rate?
Mike Yeadon is extraordinarily humble to a fault, and I’ve no doubt that percentage is a dramatic underestimation.
None of us can possibly know what our conversion rate is as it’s not like we send out a survey to every person who has encountered our work to gauge it ;-)
All I can know is what people share with me, one example being Ryan Gardner, who once told me he red-pilled a friend’s father in an hour using one of my posts, writing:
“Your efforts are not in vain. I won a friend’s father over today because of your posting. He was going to go get his 2nd booster tomorrow. He canceled. I also wanted to encourage you because myself and many others learn from you.…
“He gave me an hour and I went through your email exchange. BTW: This gentleman is brilliant. One of the smartest people I know. Once I left he said, something along the lines of; I can’t believe I fell for this, tell that gal (don’t take offense - he’s an older Boomer) she got smarts and is one heckuva fighter. He was moved by your message. I’m hoping he talks his wife out of her 4th.” (https://margaretannaalice.substack.com/p/dialogue-with-a-curious-injectee-928/comment/7893550)
When I checked in recently and asked if he was able to wake up his wife, here’s what he had to report:
“Yes! They are both on ‘our’ side. They managed to make sure through much dialogue (and some grief) to prevent their 9 grandchildren from taking the poison.” (https://margaretannaalice.substack.com/p/letter-to-a-mainstream-straddler/comment/12996932 )
Ryan also said in the latter thread:
“I can also tell you that your work, Gatos, Igor’s and Sages has had a MAJOR impact on preventing my two-shot-and-done friends/family from taking boosters. I can never repay the four of you!”
So el gato deserves some kudos, too.
Good reply MAA. I read that comment, thanks for the refresher. I'm getting close to 1/10 in 1 year of trying. Like you, I won't stop.
Thanks, Peter. In my Dissident Dialogue interview with Meredith Miller (https://margaretannaalice.substack.com/p/dissident-dialogues-meredith-miller – currently underway so being published one Q&A at a time for my paid subs and will be available to the public once completed), she explained that it is nearly impossible to wake someone up who isn’t ready, no matter how hard we try. They have to be willing to open their eyes, and usually that comes as a result of disruptive moment of truth—often a tragedy (think of an addict hitting rock bottom).
BUT once they do wake up, she said Substacks like mine are essential as they will be voracious for truth and they will also want/need to corroborate their intuition to avoid falling back into what she calls a psychoneurospiritual state of captivity.
I agree with you MAA, hope you don't mind the abbreviation.
I try to be subtle in conversions, I think I've reached a few, better than none.
St. Mother Theresa of Calcutta was once asked if she didn't feel overwhelmed trying to help the poor when there were so many. Her answer was something like 'if you help 1 person, that's important'.
I don’t mind at all—many people call me MAA :-)
A few is impressive, especially when they don’t want to be reached!
I agree regarding helping one person. That person can in turn help another, and on and on and on. Like Ryan (who really deserves 99% of the credit as his friend’s father would probably still be asleep if he hadn’t taken the time to talk with him)—the one person he helped went on to wake up his wife, and they then saved the lives of their nine grandchildren, who in turn may help others ad infinitum.
You can lead a horse to water but not force it to drink. However, that does not absolve the owner of the responsibility to lead his horse to water.
I have red-pilled three people. Unfortunately, they were three jabs in at the time.
LOL. Scientists.
My husband is an R & D chemist at a manufacturing firm. Not medical. He has co-workers from 71 to 26; the younger ones all have either a masters or a PhD.
They are ALL vaxxed. ALL OF THEM. He's tried talking to some of them, and he just gets blank stares. 0% conversion rate.
I’m a physician assistant. Biochemistry background. I’ve talked to everyone i work with and printed out study after study. 0% conversion rate as well. Have convinced my grandparents and entire family though (0% conversion rate with the in laws though)
How could all these Boomers who said not to trust anyone over thirty now be such sheep???
Our nephew was killed by the vaxx at age 38. His parents (and he) live in a rural area, and he got involved with drugs. His parents still believe that it was the drugs that killed him.
Fast forward a year. Nephews father (BIL) is vaxx injured after a booster. Doctor admits it. Shingles then neuropathy. His wife (my husband's sister) was still considering getting boosters but has not done so because her doctor said there was no need.
These are people in their early 70s. They dropped out and moved onto a farm. Former hippies. Yet they are now some of the biggest conformists I know-- "Orange Man Bad," "MSNBC good," and of course, "Putin is the antichrist." I don't understand it, outside of "utter and complete tv brainwashing."
It’s a puzzle! So sorry about your nephew.
Thank you so very much Ann K.
This might be a synergy of things, one being cognitive style. My dad was an R and D guy and a U.S. inventor, and once when he was working on growing gallium arsenide crystals, and I was young and environmentalist, and aware of the groundwater contamination in Silicon Valley, Superfund sites, I asked him, this brilliant inventive man, what happened to his gallium arsenide waster. He said "a truck comes and gets it". I think it might be also that red-pilling depends a lot on how much trust and faith the person had in government, the medical system, journalism, prior to covid. I've red pilled my friend on boosters, but only because he hated big pharma to begin with, and he still skates along blue pilled on everything else. I have a deep suspicion, just through inference, that there is very very sophisticated narcissistically aggrandizing counter propaganda being pushed through liberal outlets as he accused me of going down a rabbit hole, implying sort of that he worships god in god's way, and I worship god in my way. So there's cognitive style, awareness, and the theological dimension of politics, i.e. cults, these days. OR, another hypothesis I have is that they all are convinced depopulation is necessary, are unable to think about that consciously, and that a corollary to that is "but they wouldn't take ME out or injure me" as I'm not depopulation-worthy. That might explain why they won't read anything you give them.
Same here in academia.
I wonder if anybody is converted with being confronted with data… It seems like the people who are converted are the people who go looking for information. People who actually want to know what is true…
I don't talk to anybody about data anymore unless they have first shown that they are interested in knowing.... otherwise you're just beating your head against a brick wall. Tossing pearls before swine. A lot of people will not know until it's too late, and then they will wonder WHY nobody told them.
One reason that you can't convince many using data is that we have a population that is functionally innumerate. How many know enough calculus to understand that "two weeks to flatten the curve" does not change the area under the curve?
The true believers need a personal or very close friend or family member damaged to be open to the conversation.
Interestingly, the real working people (eg the Canadian truckers) see through the lies quite reliably, lacking proper indoctrination in the supremacy of experts. Personally, this has been observable from 5 decades ago, when I was doing real work in the summer between university sessions. The summer student is tolerated, but no respect is shown until competence is demonstrated, possibly by the 31st of August if adequate progress has occurred.
lol last sentence.
And blame those who tried.
I grew up with a mother who made consistently bad decisions and could never link those to the predictable and consistent bad outcomes… When you tried to warn her in advance (because even a child could see this was going to go badly), you were scorned or ridiculed... after the bad outcome she would cry and say "why didn't anybody tell me?"
This isn't my first rodeo 😜
😀 I like it!
I can get peeps to agree that Outcomes > Beliefs .. but I'm willing to concede i'm wrong.
I’m trained in biochemical engineering and worked in the pharmaceutical industry. My sister is a professor at a university. I would tell her my understanding of the Covid situation and she would tell me what her public health colleagues at the university were telling her. Needless to say, we did not see eye to eye. A couple of weeks ago, we were talking and she said, “you may find this interesting seeing as you are anti-vax.” I’m not actually anti-vax. I am just a realist about the pharmaceutical industry. But she then proceeded to lay out a pure red pill story about a breast cancer scare caused by enlarged lymph nodes due to what her doctor said was too ably caused by a reaction to the vax. Her doctor also told her that she had as seeing all kinds of issues and would not recommend that any woman interested in child bearing get vaccinated.
The moral to the story is that our rantings about the data showing the public health catastrophe may get ignored, but reality itself has a way of changing people’s minds.
I used to say I'm not anti-vaxx. In the past, I thought that people like Suzanne Sommers (remember her?) and RFK were on the fringe, and that the medical industry would not hurt us.
In '21, our 38 year old nephew died from the C0VID vaxx. Our nephew's father is C0VID vaxx injured. Our 5 year old grandson (unvaxxed) is autistic; we suspect it's because of the childhood vaxx schedule.
I'm pretty much anti-vaxx now.
As somebody who has worked in the pharmaceutical industry and still interacts with hospital and public health staff, I am under no illusion that the medical industry is particularly concerned about actually keeping people healthy. That’s why I say I’m not anti-vax. I think the entire industry corrupt. The vaccine is just another profit center for the industry.
But Bitcoin is the lord and saviour from this, surely. All the smart people who know lots and lots of jargon says so.
Funny. Bitcoin has been around how many years now, and the enthusiasts still don't grasp that Bitcoin was and is used as a beta-test version of digital currency under state/corporate control.
From a historical perspective, this is the same thing that happened when states who allowed (read: had at some point in time been forced to) private minting of coinage withdrew that privilege, sometimes forcefully.
Wonder if they'll nullify accounts and then put the same amount into everyone's to give every US citizen equity and a level starting position? Could easily be combined with a system where you upon becoming a legal adult get access to a sort-of starting fund that's been held for you (i.e. not activated) until then. Obviously with loop-holes for the 1%-ers, such as certain investments, assets et c not counting towards this "citizen's credit system".
We had a saying here, back in the day:
"You can't vote the bankers out of office".
But hey hey, is much different from communism, yes?
Martin Armstrong says bitcoin was developed by the CIA as a proto CBDC.
To be clear, if I'm wrong and Bitcoin etc actually are functional and honest ways to escape all of this, I'll be happy!
That's the credo of the pragmatic pessimist: I'm happy to be wrong.
I am also afraid of this, too many people are offering Bitcoin as an easy escape, and this make me suspicious.
On the other end history teaches us neither Gold Is.
Physical properties looks the safer refuge, but they are coming already for It.
Here in EU in the name of "green washing" are already making most of homes soon illegal, next step will be seize land.
Even bitcoin is only useful if you can buy things with it. The people (or companies) you buy things from, unlike bitcoin, and the things you want to buy, also unlike bitcoin are real, physical entities.
Such entities are easily put under the control of the Powers That Be. And they certainly will do so, if that is what must be done to maintain their Power.
Bitcoin, along with precious metals, can be used to try to preserve wealth, perhaps grow it, and as a possible means of exchange. But once everyone is under [their] control, other than trying to create and defend a Gulch somewhere without Galt's magical invisibility system, there are really no options.
So the only real option is to defend freedom and sovereignty -- of both nations and individuals. That is a political ploy and is possible, before things get too bad. And it is even possible to undo things like CBDCs. Not easy, might require kinetic action and certainly will involve political action. But all is never lost.
[They] let you buy things with it today. And don't get me wrong, I like BTC for many of the reasons you mention. But you can only buy things with it, because the counterparty accepts it.
The moment [they] decide to end this, they will. 'Only CBDC accepted.' Any physical entity in their jurisdiction can, and will, be put under their thumbs to the extent necessary to maintain their power.
Sure you might be able to consummate (illegal) peer-to-peer transactions within limited circles (your Gulch), as you also could with (illegal) silver coin... but any enterprise of any size (any brick and mortar store, or any online vendor) will be under [their] control.
The only way to stop it is politically, difficult but possible. They may be turning the heat up on the frogs too fast this time. We will see.
It’s interesting, the more I think about it, the more I think bitcoin was a creation of the government.
People would be excited about bitcoin, I have always said it will never be a viable currency, a speculative investment yes. The government will not allow true competition to the dollar. End of story.
All investments are speculative.
Any thing can be a currency/money, it's just a matter of how good it is at being a money/currency.
No doubt that USG wants to maintain USD hegemony, and they will continue instigating color revolutions and endless wars to do so.
The downside risk of USD collapsing is infinite since all fiat currencies trend to 0 (guaranteed loss of purchasing power at least 2% a year). Upside risk of BTC's purchasing power is asymmetrical (~+250% year-over-year on a log scale). From a financial risk perspective, it would be dumb not to allocate a least a little bit to BTC to hedge. Just make sure you have a hardware wallet and hold your own keys. Not your keys, not your coin, as they say.
I agree with much of what you say. I don’t know if BTC will ever be a practical alternative as a currency because of its unstable pricing. If it actually did start to compete with USD in terms of people transacting in BTC, the FED and US Government would move to squash it and make it illegal, as they did with gold. And they could do that because as you said, there’s no anonymity.
Understandable, though I think if we look at one system (BTC) from the viewpoint of another system (USD) then it makes things confusing. The volatility is a feature, not a bug. I would argue that it's exactly what one would expect when a market is engaging in price-discovery. As more people understand it and adopt it, and as more capital from the other markets flows into it, price will stabilize (in terms of USD).
I am more optimistic, I suppose. I think given communication technology and speed of network effects, not to mention the game theory involved with other countries adopting it and being open to it, will prevent USG from going that far.
IF they DID go that far, I could move out of the country to a BTC-friendly country with just the 12-24 seed words memorized, which gives me access to my BTC.
Make sure that Bitcoin-friendly nation has its own nuclear arsenal with intercontinental strike capability.
The US is not above starting a war to stop another nation competing against the dollar, if it's low-risk to the rulers. Just look at how the US openly threatened the ICC the other year.
Which kind of limits the choices available at present. Russia and China are not alternatives. Israel is right out, the Mossad or the Shin-Bet would bundle you up like Eichmann and hand you over if the USFor. Dep. coughed. So... India or Pakistan? Or DPRK.
One other thought, I think if the US Government truly did believe BTC was unstoppable, they would just try and co-opt it.
When BTC was first “introduced,” one of the selling points was that it offered complete anonymity, and then come to find out it actually offers none. Perhaps this was propaganda put out there to dissuade people from adopting it in the first place, by claiming only criminals used it.
As long as there’s a central bank, there will probably not be a viable alternative currency. There will be speculation though.
I appreciate this discussion.
With a free market monetary system, what you say about price discovery is exactly correct. I’m cynical though and truly don’t believe they would allow for stabilization to occur. They would rig the markets, I wouldn’t be surprised if they already have. Then if that didn’t work, they would pass laws.
The vast majority of people can’t move out of the country. The government would resort to making it harder/illegal even to move large amounts of capital out of the country.
I find this to be a fascinating discussion.
Are Bitcoin-owners bulletproof?
Try addressing my actual point instead.
All governments have to do is pass a law restricting its use. Or keep it relegated to speculators.
I disagree. The government can simply confiscate it or make it cost prohibitive to own it
Literally the purpose of Bitcoin (not Crypto). Reference to the bank bailouts of 2008/2009 are included in the Genesis block by Satoshi.
Bitcoin is trustless, permissionless and peer-to-peer. The first truly digital scarce asset. I encourage everyone to diligently research and understand it, then start buying it as hedge against constant monetary debasement, and learn to take complete custody of it (to a hardware wallet).
More than happy to help anyone interested.
Does bitcoin offer any anonymity though? Does it not leave a trail?
To a degree, yes. Depends on how you acquire BTC (i.e. through a service that is forced to use some kind of KYC or non-KYC p2p purchases). You can also send BTC you've acquired through coin-join services to further obfuscate chain analysis, if that matters to you. In the end, the bitcoin network is a publicly auditable, but immutable, ledger. Not unlike USD, people can choose to interact/use it in various ways that suits their comfort for privacy, though there will be tradeoffs (i.e. you can try to use cash for everything, but there are obvious convenience tradeoffs).
For me, privacy is secondary. The inability to inflate the supply (digital scarcity) of a digital commodity that you can take complete self-custody of, as a bearer asset, is what is revolutionary. In a world of fiat currencies that are constantly being debased at the whims of the political/elite class to fund their endless wars, pet projects and junk science/academia, this is most critical.
This is a good place to start learning: https://www.swanbitcoin.com/canon/bitcoin-101/
The rabbit hole is deep, but I encourage everyone to try and understand it, for our sake and the sake of the global south and future generations.
Need to check out
Qortal.org White paper
No KYC.. can also get Pirate there right now others to come.
With a good deal of hoop jumping. But its fungibility is shot. https://sethforprivacy.com/posts/fungibility-graveyard/. The BTC community is starting to recognise this but they have a lot of work to do. At the bottom of the BTC rabbit hole one finds Monero (XMR) - which is truly private, anonymous, low transaction fee crypto, by design.
Privacy is a matter of degrees, and not everyone cares about privacy. I would argue that it's more important that a currency and asset retain/increase purchasing power, and also that it can't be censored, on a peer-to-peer basis.
If your government fiat currency is losing purchasing power 10+% (and that's being generous) month-over-month, then privacy is the least of your concerns. You're just wanting something that retains its value/purchasing power over the long-term so you can continue to take care of food and shelter needs. This is why BTC adoption and use is highest in the Global South. Privacy is a "luxury" concern for us Western nations.
Western nations have had "stable" economies and currencies (only 2% inflation every year, yay!) and have complex investment strategies and structures to try and build wealth/savings to some degree (because holding fiat cash is guaranteed to just lose value).
We all need to check our financial privilege.
Umm, how do I use it to pay my bills? To buy food? To put gas in my car?
It's not as easy to use as a means of exchange in Western nations, compared to other places in the world where they are already using it. We have much less of a "need" because we have the privilege of a "stable" currency (only ~2% hidden tax/inflation a year).
I tend to buy and hold as a long-term investment as insurance against the guaranteed debasement of the USD.
For now, there are some options like Bitrefill, that allow you to purchase vendor gift cards and prepaid debit cards directly with BTC, on-chain or with Lightning (though they accept shitcoins/crypto as well, much to my chagrin). There are many people who get paid directly in BTC (using services like Bitwage) and live as much as they can only using BTC.
A transition would be a long process, and more difficult for us who have been living with convenient technological solutions and financial infrastructure, but by no means impossible or even unfeasible.
Every Financial Institution in the world is subject to the US FATCA law. As such, they must report all transactions on accounts over a certain thread hold held by US persons. The reality is they are reporting on us regardless of the balance. Failure to do so results in a 30% non compliance fee on all US derived income. For citizens of other countries living abroad, most of the OECD’s CRS that rat them out to their home lands. For nor, most living in the land of their birth and citizenship are free from theses concerns in the present. However, as we have seen with the $600. Venmo reporting requirement for US Citizens and non citizen residents, this will likely be the case domestically once they use we expats as the Guinea pigs and get things ironed out.
Yep, one of the many reasons why privacy is lower on my list of concerns. I worked at banks, took the required yearly training on KYC/AML and also worked in IT department supporting an application the bank used that processed all the AML-flagged transactions. First priority for me is trying to build up long-lasting savings for my children and contributing to a cause that I think could make the world better, particularly for the poorest people in the world.
Oooo, new abbreviations to learn. I am totally unaware of KYC?AML. Please relieve me of my ignorance of them.
Sorry. Been in the banking world for many years, and now the macro economics/Bitcoin world for 2-3 years, that I forget there's so much stuff most people aren't exposed to.
KYC - Know your customer. Basically financial institutions have requirements on what kind of data they have gather from you to create accounts. Internally they talk about how you need to "know your customer" well so you can be prepared to catch potentially suspicious or fraudulent activity
AML - Anti-Money Laundering. They have all kinds of rules that flag transactions to potentially go under more scrutiny for possible denial or account suspension. For example:
1. Looking at type and amount of purchase you make
2. Looking at type and amount of deposits you make
3. Looking at the nature of your business (for business accounts). For example: much higher scrutiny/restrictions if your business is involved in gambling, money transmitting, payday loans.
4. Looking at your country of origin (i.e. you can be considered high risk, and possibly denied, if you're from a country that US considers high-risk)
At this point you can use it and exchange for fiat thru Whatsapp in the future (VERY SOON) there will be website set up there that can take it so it's starting. YES!
At which point you are on their radar.
Correct for now BUT you are on their radar anyway LOL
In a few months there will be websites set up and alternates to you BOOB and other platforms that are all self contained. People will be selling on there soon.
Yes I am, which is why sums of money showing up in my possession without a known source are problematic. What you describe already exists in Japan, but are of no use to me. Yes, I sell off personal items for the various systems versions of e-currency and use to buy other items sold in the system. For hobby goods, yeah this is fine, but to raise money to pay monthly bills, groceries and gas it is absolutely worthless as those are accepting any methods of payment other than cash, credit cards or automatic withdrawals from my bank accounts. Exchanging from these e-currencies to cash that has no providence attracts the attention of the anti money laundering agencies. Not good.
price is pegged to exchanges all using trojan horse stablecoins backed by vapors. Stay away as a hedge. they will pull the $115 Billion fractional reserve stablecoin scam rugs USDT and USDC controlled by dot gov later this year. There will be no bailouts. They can't roll out CBDCs until decentralized competitors are destroyed. Kraken is cracking. SEC going after Coinbase. "Influencers" peddling shitcoins like TRX getting fined. They've known this for years and have taken all the steps necessary to set up a collapse. In a post-cbdc world they will be essential, especially privacy tokens.
https://thegoodcitizen.substack.com/p/dancing-with-the-cbdc-devil
This is nonsense and shilling your own substack.
To all others, please do your own research.
lol "Nonsense! It's pure FUD my diamond hand friends." Mined my first BTC in 2012. Bought the first ever batch of scrypt miners for LTC -KNC jupiters. Traded actively when all tokens were pegged to BTC. Lost my shirt many times when exchanges collapsed or were hacked. Went through ever bull and bear market while red-eyed HODLERS were wiping their noses in diapers. Stablecoins are a trojan horse. Fractional reserve shit coins backed by nothing, planted to control the market, launder people's money, and eventually destroy crypto to pave the way for CBDCs. Tether does not hold $76 Billion in reserves. Circle does not hold $35 billion in reserves. Yes, all others please do your OWN research or you'll lose your shirts too. Just like those poor crypto bros on FTX last year who will be delivering your pizzas tonight.
Agree that stablecoins are BS, just like all alt coins/crypto.
Sorry you got rugged by exchanges, this is why you by p2p or use non-exchanges like Swan Bitcoin and withdraw to your own cold storage to have true custody.
It IS a different language isn’t it! If only i was well versed in the abbreviations dept., but in spite of that i just sense that your remarks are on the mark good citizen!
Qortal.. TRULY decentralized.. no not as big as bitcoin but not miners that made all the initial coin and then the rest of the crowd. You mint, you earn!
Same story different shitcoin name. There is no second best. Network effects are real.
Do the research folks.
Have you looked at it? Let me guess.. no!
The planning ability of this group tells me that this isn’t going to as smoothly as a flip of a switch - in fact I think it’s going to blow up everything (even more so if it works). CBDC’s don’t fulfill the role of money .... it turns money into a subscription - that’s going to lead buildings being burned down
And what happens to all the new electronic-only money when Putin or Xi decides to cripple the already-weak USA with a single EMP set off in the middle of the continental US? If I were Putin or Xi, I would have done it already or made exact plans on where and when to do it.
We'll be bartering for certain when/if that happens, the percentage of us who survive, anyway.
The problem is, they are fine with that. It will be our buildings, note theirs, that are burnt down.
"Crisis By Digital Consensus" (CBDC)
Watch........
"Culling By Dollar Crisis"?
Nah, yours is better.
Bruh,
FTS
uhh
cii
kst
Uhh, After the last 3 years you'd think that incessantly muttering "eff this shit" (FTS) is a "known sure thing" (KST).
Maybe I'm not reading this correctly?...I guess you could just "call it idiocracy" (CII)?
brawndo fo sho
Seriously. CBDC crosses the line.
Where do you go from there?
Forever backwards.
That’s why this must be prevented; fought not hidden or ran away from.
I am increasingly convinced that none of this is in our power to control or stop anymore and the choices are either submission or kamikaze.
Third option: duck and cover and weather the storm.
Unless enforced globally and unless the cosmopolitan ideal (now called globalism) of destroying allehtnical and religious identities succeeds - good luck with that outside the West - this system will only hasten and finalise the collapse of all western civilisation.
So let's prepare for Ragnarök, knowing that grass will grow again once its over.
That's pretty much the only plan I've been able to formulate. It's really all I think I can do.
A good source of inspiration is the jews during the Diaspora, and the gypsies.
Same problem, different stategies. Both are still here, and both groups thrive.
Going on in Japan.
Fight is the only possible solution.
How so? I can’t use it to pay any bills, buy food or buy gas.
Only if the parties involved accept them. If one must in some way cash them out, then at that point they are traceable.
Buy copper rounds, silver and or gold. Think negotiable
In that case, do it now: copper is about to rocket price-wise.
"Get to da coppa!"
a perfect rainbow of ammo
I’m also going to say, that if you don’t know how to reload, you should learn it post haste.
Metals too are manipulated!
For those who think they can just opt out of this, do not fool yourselves.
Over a year ago my family stumbled in to a nasty surprise. We were nearing the end of a city hike when my oldest kid, then 8, suddenly needed to use the restroom right NOW. We were in a newly opened shopping area underneath elevated train tracks in Tokyo. I quickly found the restrooms, but they were all “QR CODE ONLY” restrooms. To use the restrooms, you first must obtain the QR Code from a qualified merchant in the shopping area. To do so, you first must make a qualifying purchase with from the qualified merchant. Once the transaction is complete, the merchant will prove the QR Code for you to scan with your idiot phone. You then take your idiot phone to the QR Code controlled door and have the QR Code scanner scan the code from your phone’s screen. Let that sink in a bit. All of it.
I do not own an idiot phone. Kid is crying out that they need to use the toilet. “Luckily”, my wife has an idiot phone. After inquiring with a few shops, we find one that is qualified to provide us the QR Code necessary to allow our kid to use the restroom....after the qualifying purchase was made. Now, imagine this incorporated into the ESG system.
As far as every one entering it voluntarily, what else have we already voluntarily entered? We voluntarily allow all sorts of tracking even when we turn it off or decline offers to share data just by carrying the devices we use. Our computers are designed to spy on us and they do. Our banks spy on us for the governments as do our credit cards. While this may not be in use in the US, for certain uses, cash is tracked as easily, perhaps more so, than other transactions in Japan. The most common form of payment of wages and salary is through direct deposit with the most common and preferred to the point of penalizing those who don’t method of paying monthly bills is through automatic allotments. I do not like this and receive as many bills through t he mail to pay via cash as possible, and pay more to do so. However, the bills come with a barcode that probably displays all my information on the screen of the convenience store’s register and certainly collects and sends all the information including location, date and time I paid the bill. Simple to implement in the US or anywhere.
While one of our local supermarkets is pushing back and only accepts cash, the number of registers accepting cash at other super markets and convenience stores is decreasing. The fear of catching covid has driven this still cash based society to embrace a “cashless” system. I am of the opinion that one of the many goals of the panic is the destruction of cash as legal tender and is using all the tactics laid out in this article.
There is no hiding from this. It must be fought and defeated.
Thank you for that horrifying glimpse into the human anthill-society of our future, unless we physically stop this from happening.
The one thing that terrifies me more than this is the fact that so few care.
They have learned to love Big Brother.
Yes they have.
Timing is the issue. If you go ballistic now, you’re just doing to be characterized as a lunatic and nothing will be accomplished. It’s fine to argue against these idiots, but don’t be made an example. That serves no purpose.
Time is short. Every aspect I have learned about was already well under way at the time I learned of them. Various groups of people around the world have had their accounts closed or frozen for a number of years due to where they were born (Bank lockout for “Accidental Americans”) and in the US for businesses that were/are perfectly legal but where of a nature those in government did not like. With the advance in tech, the use I use Big Data, IoT and FinTech, the change can easily come as quickly as a switch turning off the lights. Too late to do anything then.
That wait and see tactic was what experts suggested for FATCA. I have now had every transaction I make in Japan where I have live for over 20 years reported to the US since at least as early as June 2014. I had to provide my US SSN# to open a new bank account in Japan a few years back, the first time in 20 years living and banking here.
But the worst of this wait until it get really bad mentality is that my children, born inn japan to a Japanese mother are also subject to US tax and reporting g requirements die to the fact that one of their parents was a US citizen at the time of their birth. The consequences a waiting are far greater than we know until it is too late to prevent them. The effort to correct these are far greater than the what would have been required to prevent them. As firefighters say, an ounce of prevention is worth tons of water. Yet, no one wants to expend an ounce of prevention until tons of water are required.
The taxation based only on citizenship is unreasonable and other countries don’t do it. I thought the FATCA stuff pertained to bank accounts and offshore investments versus everyday transactions.
One other country does it too, Eritrea. The US actually practices both residence and citizenship taxation.
Yes, it is widely reported that FATCA only pertains to bank accounts and offshore investments. The problem is, the US defines offshore as outside the US, no offshore from the residence of the account holder. And it is on everyday accounts. In covers all except Savings and Loans, which my employers will not send my pay to. According to the FACTA letter provided by my newest bank that was prepared by The Japanese Bankers Association, every single transaction is reported. From the letter. “If you are treated as a U.S. Person, we are required to periodically report your information such as name, address, account number, tax identification number, account balance, interest income, etc., to the U.S. tax authorities.” Then on the “Self-Certification for FATCA: waiver that must be signed our you can not open an account, we have the following. “I hereby express my consent to the bank that te bank report information about myself (name, address, TIN, transaction records (account balance, change in amounts, etc.)) the the Internal Revenue Service of the U.S. and to the Japanese Tax agency for the p”. Yes, it actually ends with a “p”.
FATCA/FBAR/CBT reporting is no more accurate that reporting on covid.
If you wondered how they were going to pay for that debt, here you have it. Once you put "your" money in this bank, it's now *their* money to use as they please.
But if you think the really wealthy people will put their money in this bank, you're hitting the catnip a little too hard. This is just for the plebes, even if they have some money.
Any money in a bank is already theirs.
Yes, but in as complete a way as it will be.
I started smelling something fishy at the beginning of Covid, when I started began to see the signs, “Due to a national coin shortage, we no longer can accept cash.” Glad to see that some people finally see what’s happening.
This is THE topic behind a lot of the other crises we are enduring nonstop these days. These dumbasses/evil geniuses (take your pick) have way way way bankrupted the country ( As have their equally venal counterparts in various other countries) and the peanut butter has just about broken the fan. So what’s next, fuckery-wise?
CBDC basically in one fell swoop turns all of us into slaves because if successful they can track you and penalize you and nudge you and rip you off at a microscopic level every nanosecond. Raiding retirement accounts? Some type of global debt jubilee? Repricing gold again? How do you escape- paper dollars
are not a long term solution. Crypto, gold, bullets, sacks of rice, and single malt whiskey?
Welcome to the black market, gringos. They need to pass laws. They can’t just mandate this crap. But who has faith in the New Jersey Generals up in Congress to win this one for the little guy? Not this guy. I’m thinking a farm in Sardinia or the Azores is looking pretty good right now. ....What a colossal pain in the ass these people are.
Black markets, barter, cigarettes, chocolate, whiskey.
We used up a lot of our savings last year and put it into land that we can grow on.
Laws are NOT needed. They have a long history of using unelected regulatory agencies to do their dirty work.
Depends. Ultimately everything can be challenged in court. A power grab has less chance of success than a legislative action.
Look into FATCA, what it is the various court challenges and their results. FATCA forces every foreign (To the US) financial institution on the planet to report all info they have on US persons, as defined by the US, to the US. A carrot the US used to get every country to sign on was that the reporting would be reciprocal. Experts, including lawyers and financial gurus said this would be the down fall of FATCA as reciprocity would require an act of Congress, which would never happen. I and a few other non experts said no, it will be done through regulation. As with us arguing against masks and the other covid nonsense have been called everything under the sun, so too were we similarly treated by the experts.
Then the regulations came. The Bankers associations of Florida and Texas took the Treasury dept. to court over the cost of implementing the reporting sites required under the regulations to facilitate reporting of their account holders who are not US citizens to their homelands. They did not challenge the fine that would have to be paid if they did not comply, they challenged it on other grounds. Yet, it was dismissed for lack of standing based upon the Flora Rule which stipulates that a tax, fine of fee can not be challenged until it is paid.
Experts: 0. Me and others who deal with the business end of laws and regulations: 2.
But not every outcome is the same. The government has lost a lot of cases in federal court recently. Your point is well taken and has merit. Every situation has to be evaluated individually.
True, they have lost a few. However, this has also opened my eyes to a fact that I simply did not believe could be true in the US. While the cases that opened my eyes to this ugly fact are against states and not the federal government, it seems to be true on the federal level too. In Illinois and I think in Michigan, store owners took their states governor’s to court over the Executive orders closing businesses. They won. Great! Hallelujah! We won! So all stores can reopen, right? Nope. Only the store who were party to the lawsuits could reopen. For other stores to reopen they too would have to raise the funds for lawyers and take the governors to court and win.
These losses on the part of the government do no more than give a plaintiff against the government a ruling they can cite in court on their behalf in the hopes of winning but only if they first have the funds for the legal challenge and survive the standing hearings. It has been nothing short of traumatic to realize that these wins were of no use to myself nor to most others.
I have helped fund a legal challenge against FATCA in Canada. The amount I sent, in cash in envelopes and probably in violation of laws in the three countries involved, was nothing compared to the over all cost of the Charter Challenge but a huge sum for me at the time. After these past 3 years, I am even worse off. We lost both the first round and on appeal. The damage to that nation’s financial sector if they upheld the rights of Canadians born in the US who moved with their Canadian parents to Canada as young children was deemed of greater import than the rights of Canadians.
Remember that [they] already pretty much control the courts. Soros appointed DAs, leftie judges, etc. It will only get worse.
I strongly disagree with your statement “did they set it up on purpose? i doubt it.” The FED’s and USG’s policies of massive monetary expansion during relatively low interest rates and then historically rapid interest increases could only end in bank failures. The flood of government cash created the demand for a lot of relatively low interest rate debt instruments that got crushed in our current high(er) rate environment. And that’s what happened. To paraphrase Rahn “Don’t let a crisis go to waste and if you don’t have a crisis, get one.”
And it is world wide.
CBDCs: brought to you by the same people that created the Obamacare website.
How many days before it's hacked?
How many days before hackers decided to up everyone's deposit by six or eight zeros?
How many days before hackers provide the regime with due cause for (even more) drakonian laws and measures?
Because trust me, no matter how easily hacked CBDC might be, that it could be hacked will be used as proof that another batch of "Patriot Acts" are needed.
No black op or psy op needed, the panty-sniffer brigades of hackers will gladly tap keyboards with their semen-and-cheeto-dust encrusted fingers (that will be the image set by media, plus "right-wing extremism and MAGA) on their own volition.