G. Edward Griffin explains what the Federal Reserve is and how it came to have control over our government. He said that the Federal Reserve is transitioning to a new monetary system and is planning to institute central bank digital currency (CBDC), similar to a credit card, but the banks will control over the money, and people will need to get permission from the bank to spend. He said that silver and gold and other tangible investments outside the banking system are likely to hold their value. Griffin believes that most present-day cryptocurrency traders are not buying assets for currency, but simply for profits. Mr Griffin will be speaking at Red Pill Expo to be held in Lafayette, Louisiana on November 6-7. The list of speakers, and tickets to attend this event or to live-stream it can be found at: https://redpillexpo.org/
Bitcoin most likely will become the new RESERVE currency for the world. The block size of the Bitcoin blockchain is not large enough for billions of transactions per day, so we will instead have second-layer systems including the ever-expanding Lightning Network which will be built on top of the Bitcoin baselayer. As stated clearly in the book “The Sovereign Individual” the new economy will be in cyberspace. Bitcoin will be the apex cyber asset to own.
Central Banks will not tolerate competition, or any form of bypassing CBDC. It’s all about CONTROL. Bitcoin and any other cryptocurrencies will be outlawed just as they are in China. Gold and silver are much safer and THEY will be the underground currency. Get out of crypto currencies NOW.
Don’t believe bitcoin is a safe place to put your investments. The internet which it needs is owned and controlled by the very ones you don’t trust.
@Dave- Yes, I totally agree. Catherine Austin Fitts has said they will find a way to shut down decentralized crypto (Bitcoin, Monero, etc.) She says it’s their hardware (by which I think she means the internet cables, etc). Anyway, looks like Digital ID to access the internet is on the way: At about 28 min or so in the video below, Whitney Webb gets into it–says the US, UK, Israel is onboard with this Digital Agenda ID and they want to make it so you need your digital ID to access the internet. So, what happens to the crypto community??… Read more »
totally agree. I think gold and silver will be the underground currency. Utah is one of the states, the most advanced, that has declared gold and silver from a U.S. mint as legal money. There are parallel economies developing. I would look into this. Because without CBDC, you will not be able to pay your taxes even if you own your home. You won’t be able to use your cell phone. Or buy food. So stock up on lots of food, get a ham radio for yourself and loved ones, get a solar back up power supply, and look for… Read more »
Once again it bears repeating, Mr Griffin reiterated the NOT secret. The system itself is the poison. Remove yourself from it. Self reliance and prioritizing the real values and necessities. Being addicted to the luxuries of life as a slave versus austerity and true liberty. The real state of contentment is being INSULATED from the toxic turmoil the system can inflict upon yourself. The history of government and what becomes of revolutionary technology that actually help humans is no secret. Every patent is stolen, buried or pirated. Every inventor is bought off, marginalized, or WORSE, murdered. Bitcoin will be pirated.… Read more »