Doing my part in helping restore freedom to America while kicking evil in the ass. Guided by God the Father, Jesus Christ & my ancestors!
We are told paper money not backed by gold, is fiat, useless...
It always surprised me, that the same folks, would then turn around and talk up crypto - a thing that exists only as 0s and 1s... and that, as was proved, can be hacked, and used for nefarious ends....
My low opinion of crypto, was further reinforced when my Mother started talking about it, in a kind of, 'out the corner of your eye', sort way, she is a litmus of what the bad guys are up to.- their latest push, she seems to absorb all that like a giant sponge...
So, I told her, not no, but HELL NO.
If you can't hold it, you don't own it....
US LEGAL resident alien, WWG1WGA, Out of Darkness into Light. Tallyho!!
EXACTLY.
I have been saying basically this since crypto appeared... but folk treated me like I was nuts!
The original Rothschild banking system was created so merchants did not need to carry gold with them, they carried a 'note' from the depositing Rothschild representative, to the receiving Rothschild representative, who gave them the amount of gold stated on the note. A small fee would be charged for this service. This was much cheaper and safer than being held up by highwaymen and bandits.
So if you deposited say £20 in gold coin, you would get a note for £19 so manny shillings and pennys, which is what you would receive at the other end of the journey.
Crypto not only never presents a 'note', but you have to take their word on it that it is 'gold backed'!
The gold is being hoarded - and at this point in the thought, I always think of Sitchin's Annunaki, who want our gold, and to me, the Rothschilds, and their like, are the Annunaki overseers, gathering it for
The keys can be stolen, wallet can be "hacked" but the fundamental basis for crypto is sound. This guy basically diverted funds. This can be done with any type of currency or money. People can also get duped from gold and silver.
US LEGAL resident alien, WWG1WGA, Out of Darkness into Light. Tallyho!!
At least theiving an actual object rather than 0s and 1s the object can be returned in the real world.
A person can remove their gold and silver from the system, and be responsible for its safety... can't do that with crypto... you are forced to deal on THEIR terms.
Centralized anything, we are being shown, is not a good idea... it gives a VERY few, control over the masses.