Many “experts” are telling you that crypto is bad, but behind the scenes many of those same experts are in full gear implementing and supporting crypto. Whether its through the CBDCs or the takeover of Bitcoin. Meanwhile, there are freedom oriented cryptos that enable quick, inexpensive peer to peer transactions between you and whoever you want to exchange with. Basically, a free method of exchange without the governments of the world tracking every transaction you do via your bank or credit card.
Bankers dislike crypto because it fundamentally changes the business model they operate under.
Because it's cryptographically secure and in a public ledger, they can't counterfeit "coins".
Because it's issued by lottery (aka "mining") and there is no interest attached, the usury game they play on money issuance is not possible. They only want others to gamble in their casino where they tip the odds in their favor. Usury is the cash cow used for skimming funds continuously from the economy. There's a reason everything is set to 2% (VISA txn fees and inflation targets). People don't notice 2%, but over a long enough time, the people who control the banks own everything.
As I explained this to a room full of bankers in Mexico City, they all decided they didn't like cryptocurrencies (in their current form) for these reasons.
This is excellent. Sarah's interviews just keep getting better and better. RM is as good as it gets in this space. If he's new to you and you're interested, have a look at his early interviews on the old Kaiser Report. Must be 15 years ago now. He didn't have any grey then (neither did I -- pre covAIDS). I remember they were very good.
Bankers dislike crypto because it fundamentally changes the business model they operate under.
Because it's cryptographically secure and in a public ledger, they can't counterfeit "coins".
Because it's issued by lottery (aka "mining") and there is no interest attached, the usury game they play on money issuance is not possible. They only want others to gamble in their casino where they tip the odds in their favor. Usury is the cash cow used for skimming funds continuously from the economy. There's a reason everything is set to 2% (VISA txn fees and inflation targets). People don't notice 2%, but over a long enough time, the people who control the banks own everything.
As I explained this to a room full of bankers in Mexico City, they all decided they didn't like cryptocurrencies (in their current form) for these reasons.
The next day a large earthquake hit Mexico City.
Thanks for keeping us informed, Sarah!! Hugs from this Grandma!! ;-)
This is excellent. Sarah's interviews just keep getting better and better. RM is as good as it gets in this space. If he's new to you and you're interested, have a look at his early interviews on the old Kaiser Report. Must be 15 years ago now. He didn't have any grey then (neither did I -- pre covAIDS). I remember they were very good.