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  1. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    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...
  2. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    This is why we need crypto friendly laws so that we can keep our money out of the hands of the Central Banks. [/QUOTE]
    I doubt that laws will protect us from the Central Banks, for the legislators...
  3. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    .
    Here is a bit more detailed explanation of the Taproot upgrade to Bitcoin:

    UNDERSTANDING TAPROOT IN A SIMPLE WAY
  4. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    The long awaited Taproot upgrade to Bitcoin goes into effect soon, perhaps this weekend sometime. It will provide several core protocol changes, including the ability to wrap more complex...
  5. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    This Bank for International Settlements (BIS) paper from March of 2019 calls these "account-based" CBDC's.

    The above linked BIS paper calls these "token-based" CBDC's.
  6. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    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...
  7. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    As best as researchers can tell, early use of cryptocurrencies had a high proportion of illicit activity, but that (ab)use has declined over the years. Criminals are often early adopters of new...
  8. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    Your identify is better than encrypted; it's not even present. Just randomly generated send and receive addresses are generated and used as needed by the senders and receivers.

    Law enforcement...
  9. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    CBCD's might not even use blockchain technology :wink:

    Blockchains come with extra complications required to reach a consensus between a more or less random unreliable collection of independent...
  10. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    Crypto as I imagine the Chinese CCP (and some of the American) elite desire would destroy much of our remaining freedom, yes.

    Crypto that supports direct person-to-person exchange of money, in...
  11. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    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...
  12. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    Yes - we use some artificial unit, such as sea shells, troy ounces of gold, pound sterling, or US Dollars, as the basic unit of accounting, and translate other values into that basic unit.

    Over...
  13. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    Yup - likely so. Such is too far beyond my current understanding to support useful speculation.
  14. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    Of course I don't know it all, and if I did, I'd not be even hinting here that I did.

    The overall dynamics of the earthly power structures are visible to us all.
  15. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    They won' turn it off, all off, forever. It is their greatest tool to surveil and control 7 billion humans, and the total collapse of the power, communications and supply grid would leave them...
  16. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    That it sure is.
  17. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    I understated the role of corporations. Corporations have been a fundamental tool, for the last few centuries, of the Elite Bastards, to fund, lead, and protect from legal liability, their take over...
  18. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    The government's control of the internet is incomplete. Much is being said and shared that no government agency under the control of the Elite Bastards and their Money Master agents condone.
  19. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    I mildly regret that my "little essay" just above is not so "little".

    It integrates a number of important points, some of which I seldom see noted elsewhere.

    But I don't know of any more...
  20. Re: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies?

    Fiat money is backed by debt. Bankers lend it into existence. They create two, offsetting entries in their books, an asset representing the loan document, mortgage, bond, guilt, ... that they just...
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