Do you look to crypto’s as a way to opt out of the Dollar?
Do you think Venezuelan people would have liked an option to opt out of the Bolivar?
Do you think the people in Greece would have liked more control before their bank monies were seized?
I think it’s question that is fair but all information should be stated up front and that where it gets messy.
Because there has been massively devaluation of the purchasing power of the US Dollar over the years....see below:
But it gets messy when you ask the question of why?
It gets messy when you ask about what happened with the gold backed dollar.
You ask too many questions of why and it goes back to bankers and control. It goes back to Federal Reserves and printing money with reckless abandon around the world and no transparency. This is our system today.
Yet — we are asked why we put a little money into a crypto so that one day you can have some profit.
I would say more that the central bankers opted out of transparency and accountability starting in 1913.
Fast forward to today and make no doubt there is massive control of Bitcoin pricing today. There are great efforts for the old system to seize and take control and profit off of cryptos because this is what they do.
Let’s watch what happens going into the end of the year. Let’s see who controls what.
And what timing we have for the next act to take place — watch what happens with the Euro and Italian Banks.
What happens when Italian Banks have a domino effect on other banks?
We don’t know the solvency of the banks. We don’t know who will be affected. But many will be affected.
When this happens, what are your options?