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japetus
Well-known member
No
G
Geo
Well-known member
No, but Blackrock and Vangaurd own 90% of it now.
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PiggySmallz
Well-known member
Bitcoin loyalists argue this isn't possible and they understand far better than I do, but I've often wondered if it was a US government creation or some other major central bank as a way to eventually pivot from the US dollar if it implodes. It is a bit ironic that it has been marketed so hard across influencer/social media platforms and very heavily by a US President as markets face major debt challenges and uncertainty around inflation and ultimately what can be AI created deflation
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harddriver
Well-known member
This may be the USA's last chance to deal with the current debt levels both deficit and unfunded liabilites that approaches 240-300 Trillion depending on who is analyzing the numbers. With this latest BIG BEAUTIFUL OMNIBUS BUDGET it seems the US will continue along the path of insolvency and bankruptcy exactly as the central bankers and globalists wish it to be so they can pivot to a new fully controlled ponzi scheme to enslave the worlds populations for another 112 years this time they will have absolute control on how the digital dollars are spent. Every fiat currency has ended in default in mans history.
G
Geo
Well-known member
Our only hope is that Americans wise up and start using gold and silver more.
G
Geo
Well-known member
It's funny how we have to fight to use the only currency allowed as per the constitution.
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PiggySmallz
Well-known member
I'll play devils advocate here for a minute because Ive seen you mention this multiple times. I believe in healthy debate and im genuinely curious about the following:
How do you believe gold and silver be implemented. Do we price goods and services in Troy ounces of both? Gold worked during the depression because it was backed USD currency. That isn't the case anymore. How do you pay monthly utilities? Just go wait on long lines to drop your physical gold and silver off?
What do you think happens when AI creates a massive deflationary environment and even with stimulus we are unable to create inflation due to lack of jobs and lack of consumer spending. Will people be paid UBI via metals?
We are very likely on the cusp of major entropy event. Not sure what that is or how it plays out, but there are a lot of issues bubbling to the surface politically, financially and socially. Im always curious to hear what people think or how it might play out.
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Geo
Well-known member
Yes, we do live in interesting times, don't we?
We can still have dollars backed by gold and silver, the way it used to be.
In Florida, and about 6 other states, your gold is held by a bank or other approved entity and you are levied credit in dollars via the spot price. That can be in form of a debt card or something similar. There would be nothing wrong with personal transactions using gold and silver other than the lack of gobernment control.
If we were to total all our debt and actual paper currency circulating (M2), we could revalue gold as per our gold holding which would put gold at about 80k per ounce. This would be a big problem for those who are oblivious to our situation, which is about 98% of Americans. So, although this makes sense, most of the population will be caught of guard and be poverty stricken until enough gold and silver is circulated.
AI is nothing to fear, people will have to find other means of work. After robotic humanoids come to fruition you still going to need a plumber, roofer etc. In a way it will be good not to have a huge portion of the population doing useless, unproductive gobernment jobs. AI is a natural evolution and the problem is that it is not comparable with a capitalist world. AI will quickly understand that a few people holding the majority of wealth in the world is not a good way to advance a civilization. Where this goes only time will tell.
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PiggySmallz
Well-known member
This answers a question I forgot to ask around debt. There are plenty of gold bulls who believe there should be no debt but I don't believe that makes sense.
I think the fear is that if you have mass poverty you have mass civil unrest. Im at the point where I dont think UBI is a political party discussion anymore as there continues to be a greater divide in social classes. Its become a necessity, especially with income displacement from AI.
I also dont believe AI will be cyborg vs human fantasy world lol. I just think it will replace most jobs until people adapt to the new world and create/find new opportunities. I just believe it will be a major deflationary event and likely offset today's fears of mass inflation. It just won't be an easy or enjoyable transition.
If were talking about revaluing gold and backing the USD again, are you saying you think the dollar will stay around? If not why would it matter if we price it in dollars unless people use their dollars to buy gold. Obviously we are using simple situations and ideas here.
Bitcoin will be interesting as its believed that quantum computing will be able to crack cryptography in orders of magnitude far lower than originally estimated. On the other hand I'm still amazed watching some new digital token supposedly created by one or a few people that was always bashed by all bankers, politicians and influences. Over the years they all became huge supporters. Is that because they could make money from it and rob retail investors blind? Or was it because some gov entity needed to help nudge along their creation for mass adoption? I dont know but I find it all really curious and coincidental
G
Geo
Well-known member
The whole reason the paper dollar was created was because it's hard to haul around metals on your person. It's also a security risk if you are jangling around everywhere. So, the paper dollar does have it's use, the problem is our politicians have corrupted the dollar so much, the world is turning their back on it. It seems we are at the point where other countries are no longer (or less) buying our treasuries so the FED has been stepping in and buying them and that's like the snake eating it's own tail.
Bitcoin had promise until the government came in to regulate it, now it's just computerized fiat currency. It was developed as a way to trade privately without the eyes or control of the gobernment. I do believe there will be a roll in crypto, right now it's just a ponzi scheme like the stock market. With the big financial whales owning more than 90% of bitcoin, they can tank it or create a run on it when it suits them.
G
Geo
Well-known member
A message from Gregory Mannarino.
[td]
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[/td]
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[/td]
[td] [/td]Just this past Friday, Jamie Dimon, the CEO of the Wall St. Superbank JP Morgan made THIS statement: “We Will Have a Global Restructuring.”
He did not say… might have, may have, or could have, he said WILL HAVE.
Jamie Dimon’s talk of “global restructuring” is the language of “reset.”
It’s a polite way of saying: “We’re about to shut down the old system.” “It’s already decided. The future is in place, now just wait for the trigger.” He’s admitting what we already know, this debt-based system is done.
Here’s what I see.
First. We will not be having a so called “reset.” This will be a Global Detonation.
Second. This is a direct acknowledgment of the endgame. They are moving chess pieces into checkmate position.
The Checkmate Pieces.
They have already positioned the kings and pawns.
(Most likely scenario). Financial collapse waiting to be triggered.
False crises prepped and rehearsed.
Digital ledgers locked and loaded.
Minds primed with fear, ready to obey.
Digital Undercurrents.
The global financial structure is already re-coded behind the scenes.
Not just digital dollars, this goes deeper. Plans to integrate everything into a unified ledger. FULL TOKENIZATION. A system of maximum control. Digital currencies tied to social credit. Programmable money. No privacy, no sovereignty. One digital financial grid.
The Playbook: Create the Crisis, Offer the Solution.
They know that the only way to get it done is with a “shock event” so big, so destabilizing, that it overrides all resistance. That’s what they are orchestrating… it’s the final chess move.
The Controlled Variables. This cannot be far off, henceforth why Jamie Dimon made such a direct statement NOW… “We Will Have a Global Restructuring.” They are controlling all the variables. Market “meltdowns” that are engineered. Debt bubbles inflated until they pop by design. Mass distractions to keep the people docile. Surveillance tech woven into daily life. Endless crises (wars, pandemics, political flip-flopping), to herd the masses exactly where they want them. These are not random events. They are interlocking gears in the machinery of Babylon. Together, they forge the perfect storm. Economic collapse to wipe out the old. Debt bubbles to enslave. Distractions. Surveillance.
THE COMMON THREAD.
No matter which “crisis” they choose, the real agenda is the same.
Total digital control.
No cash, no privacy, no sovereignty.
Every breath and every dollar tracked.
Mass Distractions. They flood every screen and mind with nonsense, propaganda, deception. Look here! Do not look over there…
Controlled Collapse, Controlled Crisis.
Dimon’s no fool. He’s not talking about a random collapse. He’s talking about a controlled demolition, A DETONATION. The elites clearly know the dollar system is failing, and they are about to replace it. Expect the next phase… Central Bank Digital Currencies (CBDCs), asset confiscation through “bail-ins.” Babylon never wastes a crisis, it creates one.
Again… The Language of the Reset
Dimon’s word choice, “restructuring” is sanitized language for resetting who owns what, who’s in charge, and who suffers. It’s a fancy way of saying a new global financial system is coming, and it won’t be for the benefit of the common people.
Confirming the Timeline
For a figure like Dimon to say this publicly signals we’re close. This also confirms that the pieces for the global “reset” are already moving behind the scenes.
Most Likely Angle… Global Crisis then “Global Solution.”
They will engineer a single, overwhelming crisis, one that makes every other concern seem small by comparison. WHY? Because people’s fear makes them easier to control, and a crisis provides the perfect excuse to impose a “solution” that’s already prepared.
Here’s the most likely scenario I see.
A Financial System Collapse.
The global debt bubble bursts triggering massive bank failures, market crashes, people losing homes and pensions overnight. The dollar loses its crown as the world’s reserve currency paving the way for something new. Global Dollar Disruption. The dollar’s role as global reserve gets attacked, a sudden switch in trade flows, a geopolitical flashpoint, or a quiet behind-the-scenes agreement to kill the petrodollar.
This forces every nation to turn to the “new solution” they already have lined up. The Engineered Financial Shock. A massive liquidity freeze… banks can’t move money; credit markets lock up. Stock market “circuit breakers” trip, assets plunge, pension funds implode. Banks fail, and trust in the old system vanishes overnight. People beg for help, and Babylon answers with a “global solution.” The Solution? A digital financial system. Central bank digital currencies (CBDCs) tied to biometric data and digital ID. Social credit scoring, carbon footprint tracking. Total programmable money, spend it only where they allow.
GM[/td]
[td]
[/td]
|
[td]
[/td]
| ||||
[td] | [td] |
[td] [/td]
He did not say… might have, may have, or could have, he said WILL HAVE.
Jamie Dimon’s talk of “global restructuring” is the language of “reset.”
It’s a polite way of saying: “We’re about to shut down the old system.” “It’s already decided. The future is in place, now just wait for the trigger.” He’s admitting what we already know, this debt-based system is done.
Here’s what I see.
First. We will not be having a so called “reset.” This will be a Global Detonation.
Second. This is a direct acknowledgment of the endgame. They are moving chess pieces into checkmate position.
The Checkmate Pieces.
They have already positioned the kings and pawns.
(Most likely scenario). Financial collapse waiting to be triggered.
False crises prepped and rehearsed.
Digital ledgers locked and loaded.
Minds primed with fear, ready to obey.
Digital Undercurrents.
The global financial structure is already re-coded behind the scenes.
Not just digital dollars, this goes deeper. Plans to integrate everything into a unified ledger. FULL TOKENIZATION. A system of maximum control. Digital currencies tied to social credit. Programmable money. No privacy, no sovereignty. One digital financial grid.
The Playbook: Create the Crisis, Offer the Solution.
They know that the only way to get it done is with a “shock event” so big, so destabilizing, that it overrides all resistance. That’s what they are orchestrating… it’s the final chess move.
The Controlled Variables. This cannot be far off, henceforth why Jamie Dimon made such a direct statement NOW… “We Will Have a Global Restructuring.” They are controlling all the variables. Market “meltdowns” that are engineered. Debt bubbles inflated until they pop by design. Mass distractions to keep the people docile. Surveillance tech woven into daily life. Endless crises (wars, pandemics, political flip-flopping), to herd the masses exactly where they want them. These are not random events. They are interlocking gears in the machinery of Babylon. Together, they forge the perfect storm. Economic collapse to wipe out the old. Debt bubbles to enslave. Distractions. Surveillance.
THE COMMON THREAD.
No matter which “crisis” they choose, the real agenda is the same.
Total digital control.
No cash, no privacy, no sovereignty.
Every breath and every dollar tracked.
Mass Distractions. They flood every screen and mind with nonsense, propaganda, deception. Look here! Do not look over there…
Controlled Collapse, Controlled Crisis.
Dimon’s no fool. He’s not talking about a random collapse. He’s talking about a controlled demolition, A DETONATION. The elites clearly know the dollar system is failing, and they are about to replace it. Expect the next phase… Central Bank Digital Currencies (CBDCs), asset confiscation through “bail-ins.” Babylon never wastes a crisis, it creates one.
Again… The Language of the Reset
Dimon’s word choice, “restructuring” is sanitized language for resetting who owns what, who’s in charge, and who suffers. It’s a fancy way of saying a new global financial system is coming, and it won’t be for the benefit of the common people.
Confirming the Timeline
For a figure like Dimon to say this publicly signals we’re close. This also confirms that the pieces for the global “reset” are already moving behind the scenes.
Most Likely Angle… Global Crisis then “Global Solution.”
They will engineer a single, overwhelming crisis, one that makes every other concern seem small by comparison. WHY? Because people’s fear makes them easier to control, and a crisis provides the perfect excuse to impose a “solution” that’s already prepared.
Here’s the most likely scenario I see.
A Financial System Collapse.
The global debt bubble bursts triggering massive bank failures, market crashes, people losing homes and pensions overnight. The dollar loses its crown as the world’s reserve currency paving the way for something new. Global Dollar Disruption. The dollar’s role as global reserve gets attacked, a sudden switch in trade flows, a geopolitical flashpoint, or a quiet behind-the-scenes agreement to kill the petrodollar.
This forces every nation to turn to the “new solution” they already have lined up. The Engineered Financial Shock. A massive liquidity freeze… banks can’t move money; credit markets lock up. Stock market “circuit breakers” trip, assets plunge, pension funds implode. Banks fail, and trust in the old system vanishes overnight. People beg for help, and Babylon answers with a “global solution.” The Solution? A digital financial system. Central bank digital currencies (CBDCs) tied to biometric data and digital ID. Social credit scoring, carbon footprint tracking. Total programmable money, spend it only where they allow.
GM
H
harddriver
Well-known member
I think it's only a matter of when Geo. The elites were not hurt in 1929, 1987, 1997-2000, 2008. Blackrock has an AI named aladdin they trade and manipulate markets with so they probably have wargamed it all out how they crash the system yet still remain in control of it.
Only time will tell.
H
harddriver
Well-known member
What a great way to get people to adopt crypto and move away from hard currency then seize the asset and then roll the old ponzi schemem into the next but this time, they have total control.
They have manipulated all markets since 1913 building bubbles, going to cash then bursting then picking up the assets for pennies on the dollar. It's how usury functions.