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Only if working under the framework of the SWIFT system, if you go out of it, then items such as gold or other resources may suddenly have more value than estimated under the west controlled value...

I commented on OCC nominee Saule Omarova at some length on my Money Masters thread. See my Post #95, on that thread.

She's a piece of work. Like some other officials, she's so bad, she might be...

Only if working under the framework of the SWIFT system, if you go out of it, then items such as gold or other resources may suddenly have more value than estimated under the west controlled value...

Let's first define US Dollar crashing as it becoming near worthless relative to all other fiat currencies.

It is important to know that Crypto is priced relative to all the fiat currencies in the...

This is why we need crypto friendly laws so that we can keep our money out of the hands of the Central Banks. I just posted the following in the BREAKING NEWS ~ Continuously Updated thread here:
...

How familiar are you with SHA256 and Elliptic Curve Digital Signatures?

The one thing I am certain of, regarding the Avalon community, is that it is full of people with extraordinary depth and...

Yes, this is why the FUD that crypto's are black market money that promote illegal activities and money laundering is a lie.

However, cryptos like bitcoin do keep the owner's identity hidden. The...

Most of our modern life depends on technology, infrastructure, and other such world activity.

If major or all portions of it go down, we fall back and regroup, as best we can.

Since the odds...

You are absolutely right, it would indeed be ridiculous and impractical. The inefficiency of the barter system is the primary reason why money has come into existence. You are describing the...

I suggest you spend the time to read the article. The Bullish Case for Bitcoin over Gold. There are logic errors and fallacies in the video you posted.

For instance, the primary premise of the...

On further thought, the above concerns of amor are very legitimate.

Digital currencies may well become the dominant form of money in coming years.

Our future digital currencies could...

I agree, they are trying to do everything the can to slow adoption and create barriers to entry. But there are positive things happening as illustrated by these three articles:

Mastercard is...

Note that this confluence of events could only have happened in the last century, and likely can not continue to happen in this way.

Up until petroleum, such as from the Middle East, became the...

Note that this confluence of events could only have happened in the last century, and likely can not continue to happen in this way.


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HUH?

BTC is the 'ticker' symbol for Bitcoin. Bitcoin is both the token (i.e. identifier of the unit of value) and the blockchain.

You are absolutely right ThePythonicCow ... "The monetization of debt, and the further layered burdening of that freshly created monetary asset with yet another layer of also monetizable debt ... is...

I suspect Raoul Pal is correct...

Real Vision’s Raoul Pal Predicts When Regulators Will Reach a ‘Grand Compromise’ on Crypto
Daily Hodl Staff October 31, 2021 REGULATORS...

I agree, the central bank will not allow themselves to be destroyed by the Private Banks. That is why my scenario above posits that the private banks are in the worst position and will lose out if...

Excellent post ThePythonicCow, thank you.

First let me state that I agree with the depiction of the large banks as vampire squid. However, I am less concerned with private banks and more...