Now GG trying to kill crypto outside USA

[pacific]

 

[HAL1000]

The prime minister of the UK say's he want's to make the UK a crypto hub... it's all laughable in the end.

[princesultan]

This guy is such a rat

[peanut56]

If true, the U.S. is trying to protect the dollar as an international liquidity device or at the least trying to protect its influence. USD is being flanked by two sides. B.R.I.C.K.S and crypto. One attack vector for protection is to ban crypto and ralley allies to protect the influence that comes with an international liquidity device. If this fails, which it will, because the only way to do so is to introduce draconian laws which will then isolate people who already feel isolated which is in general a bad thing (human response to covid-19 for example). If that fails and a viable alternative exists, then power can be brought to other nation states which then diminishes world influence of the USD and U.S. international influence. The next alternative is to embrace a nation neutral asset class giving Nations and Regions non-nation asset to access for international trade. Does the U.S. still loose International influence. Sure it does, but it does keep other nations from influencing other nations as the U.S. has with swift. This would at least allow for nations to operate independently which is safer than influence which lead to conflict.

Long story short, it looks like the U.S. is trying to slow down adoption of crypto, but it also has the problem of the rise of Another international payment system which is being accepted. Probably because right now the B.R.I.C.K.S system is apparently going to be gold based which is trusted by basically all nations.

If the U.S. really wanted to fix it's own mess. It needs to realign the dollar with a commodity like gold/silver/x(comodity), while also implementing a nation neutral device giving choices to nations who want to use U.S.D for "comfort" and crypto or something. This would at least allow for international trade to continue and nations that are being influenced by other nations to have reprieve from international pressures and make decisions for their own nation.

In other words a nation like Nigeria could settle a deal with China through crypto, while also dealing with the United States and not having to worry about relying on the either the U.S.D or the Yuan to bring value and trade to their nation.

Anyway I think Gary and the Gov't are trying to force U.S.D to be maintained for international influence because it's how its been for 80ish years. So unknowns are scary and so forth.

[HAL1000]

49 minutes ago, peanut56 said:

If true, the U.S. is trying to protect the dollar as an international liquidity device or at the least trying to protect its influence. USD is being flanked by two sides. B.R.I.C.K.S and crypto. One attack vector for protection is to ban crypto and ralley allies to protect the influence that comes with an international liquidity device. If this fails, which it will, because the only way to do so is to introduce draconian laws which will then isolate people who already feel isolated which is in general a bad thing (human response to covid-19 for example). If that fails and a viable alternative exists, then power can be brought to other nation states which then diminishes world influence of the USD and U.S. international influence. The next alternative is to embrace a nation neutral asset class giving Nations and Regions non-nation asset to access for international trade. Does the U.S. still loose International influence. Sure it does, but it does keep other nations from influencing other nations as the U.S. has with swift. This would at least allow for nations to operate independently which is safer than influence which lead to conflict.

Long story short, it looks like the U.S. is trying to slow down adoption of crypto, but it also has the problem of the rise of Another international payment system which is being accepted. Probably because right now the B.R.I.C.K.S system is apparently going to be gold based which is trusted by basically all nations.

If the U.S. really wanted to fix it's own mess. It needs to realign the dollar with a commodity like gold/silver/x(comodity), while also implementing a nation neutral device giving choices to nations who want to use U.S.D for "comfort" and crypto or something. This would at least allow for international trade to continue and nations that are being influenced by other nations to have reprieve from international pressures and make decisions for their own nation.

In other words a nation like Nigeria could settle a deal with China through crypto, while also dealing with the United States and not having to worry about relying on the either the U.S.D or the Yuan to bring value and trade to their nation.

Anyway I think Gary and the Gov't are trying to force U.S.D to be maintained for international influence because it's how its been for 80ish years. So unknowns are scary and so forth.

When you build an economy on a Ponzi scheme, eventually it must collapse, when the Ponzi is in effect the world reserve currency... then the whole world is in trouble. THEY will keep printing. THEY will keep wanting to keep it going for as long as possible.

Why, why not, THEIR getting richer, if you buy something with THEIR tokens and you can only borrow THEIR tokens with interest, then not only are you acquiring assets for them, you are in effect part of THEIR Ponzi scheme.

The $ is the FED's token and people are finally waking up to that fact, the $ in their pocket does not belong to them... after all nobody want's to be getting ever further into debt to the FED. The FED have said they have an unlimited amount of money, that's like saying there is an unlimited amount of BTC or XRP, who in their right mind would trust that, as part of a major global economic system!

We have all been roped into this global Ponzi, in one way or another, partly because we all had no choice, NOW WE DO and that's got THEM worried, so THEY are struggling to keep the Ponzi going. Relatively soon, the world will switch to an asset backed economic system. A world WE using THEIR tokens, have in effect brought up for THEM over the decades, because it was never our money in the first place, it was always THEIR's.

You brought a house, a car, land an industry whatever, did you use THEIR tokens of value exchange to buy it, in which case, who do you think ultimately owns it, especially if you can't afford to pay the DEBT off, always keep in mind, in global terms, the DEBT keeps going up.

Welcome to THEIR global Ponzi game, WE lost, THEY won.... https://www.usdebtclock.org/world-debt-clock.html

WE can never pay it off and THEIR aim, was always to own all the assets and control us via THEIR global debt based economic Ponzi scheme.

[JTxrPP]

There is a concerted, collaborative effort from multiple US govt entities to smash crypto. They are going after traditional banks that bank with crypto companies 

 

Edited March 26 by JTxrPP