It is a truism that people are more inclined to accept something they don’t like if it comes from someone they consider to be a friend.
Or at least not an enemy.
Will people who like and trust Trump be more accepting of digital money if it comes from Donald Trump?
Trump has said things that suggest he likes the idea of digital money and he has teamed up with Elon Musk, who also likes it. Elon Musk also likes grift, though he now acts as if he doesn’t. Probably because he’s already gotten his grift to the tune of many billions – so what’s the loss of that $7,500 per device tax-kickback grift?
He also says he likes free speech but we know he likes shekels more, having agreed to suppress the speech of people in Brazil that the Marxist thugs-in-charge demanded be suppressed. It is also true that “X” – the new name for the speech suppression platform formerly known as Twitter – continues to marginalize the reach of people whose speech triggers the algorithms that still control what people are allowed to see.
You are, of course, free to post whatever you like.
Digital money would work similarly. You’d be allowed to possess it – in the sense that your device (which is already under their control) could be used to purchase things, with them knowing every detail of each transaction, down to the digital penny. And them having the ability to control what you’re allowed to spend – and on what. All of that controlled by an algorithm that determines what you’re allowed to spend – and on what – so long as you are obedient.
Perhaps according to the size of your carbon footprint.
It is worth a mention here that Elon Musk has stated publicly that he favors a tax on “carbon,” which you ought to understand means a tax on consumption. If you have consumed too much energy this month – them deciding how much is enough – next month your digital money will not be available to buy more.
See how that works?
Or – rather – how it could work?
Imagine how it could work during the next “pandemic,” i.e., the next contrived mass-panic event that will be far more effective than the last one if money is digitized because it will be much harder to question let alone defy the “guidelines” and “mandates” emanating from the government-corporate tag team, which craves nothing more than total compliance for the sake of total control.
During the last manufactured mass-panic event, they had much less control, which is why the “pandemic” did not last forever.
One could easily ignore their “guidelines” and “mandates” because the engineers of the mass panic didn’t yet have control over our ability to buy life-necessities using cash money. They tried mightily to frame cash money as “dirty,” pushing what was styled (and continues to be styled) contactless transactions. Just wave your device – i.e., your “smart” phone – at another device and pay that way.
It so much safer. So much more convenient.
Indeed, it is. For them.
Cash money is fundamentally out of their control. You have it in your physical possession but no one knows it is in your possession. It cannot be taken away from you absent physically taking it away from you – and that requires the sort of overt thuggery that cannot be soft-sold as some other thing. People tend to resist being physically relieved of the money they have.
Much more relevant – as regards thuggery – is that cash money is anonymous money. More finely, it allows anonymous transactions. The government-corporate tag team does not know, as a for-instance, that the country store down the road allowed you to buy food from the owner of the store – whom you know and who is willing to accept cash – even though you are not wearing what they styled “your” mask. Even though you have not presented – via your device – proof that you have been “vaccinated.”
That kind of mutual defiance of thuggery becomes much more difficult when the only money is digital money and those in control of it can fine-tune and micromanage every transaction as well as know about each one in real time.
It is all very creepy.
So also the opacity of digital money. The fact that no one can explain in simple terms the source of its value and no one seems to know who is behind it suggests that whoever or whatever is may not have our best interests in mind.
Donald Trump, perhaps.
The narrative accepted by many is that he won the late election because he was able to overcome the cheat many suspected occurred last time. Maybe so. I certainly hope so. Because the alternative explanation – that he was allowed to win, in order to quiet down the growing outrage over election processes (and results) that smelled very fishy to many – and to further what’s been started by quieting down what otherwise might have been firm opposition to it is creepier than discovering that late Queen of England really was a shape-shifting reptile, per David Icke.
Is Trump?
Were the factors that facilitated the cheat last time really absent this time? How did Trump expect to win this time if he believed he really won last time?
Keeping in mind Trump was also the one who declared – but never ended – the “emergency” that legally empowered the pushing of drugs on people, a crime he has yet to atone for.
But if he was allowed – if he was anointed – to win the late election because it has been decided he’s the one – a “businessman”! – to sell digital money to the people as he tried to sell “vaccines” to the people, it will be a crime without precedent because it will enable the ultimate crime: The total subjection of formerly free (or at least, sort-of free) people by establishing an invisible but inescapable digital-financial panopticon in which everything we’re allowed to do is under their control because they will have control over everything we’re allowed to do.
Staying alert is important.
Most especially when you believe you’re safe.
. . .
If you like what you’ve found here please consider supporting EPautos.
We depend on you to keep the wheels turning!
Our donate button is here.
If you prefer not to use PayPal, our mailing address is:
EPautos
721 Hummingbird Lane SE
Copper Hill, VA 24079
PS: Get an EPautos magnet or sticker or coaster in return for a $20 or more one-time donation or a $10 or more monthly recurring donation. (Please be sure to tell us you want a magnet or sticker or coaster – and also, provide an address, so we know where to mail the thing!)
If you like items like the Baaaaaa! baseball cap pictured below, you can find that and more at the EPautos store!
Norman Finklestein says Trump will be a disaster.
Keep cash at home.
Banks, fail. Bitcoin can too.
No electricity, bitcoin will be a problem.
Warren should turn his 328 billion in cash to bitcoin.
Sure he will.
The dollar is bad enough, as unstable as an earthquake. Digital currency is far worse.
[Keeping in mind Trump was also the one who declared – but never ended – the “emergency” that legally empowered the pushing of drugs on people, a crime he has yet to atone for.] Article
No atonement required so long as the poison is pushed on the goy population.
The Antisemitism Awareness act passes the House 320 – 91. From what I gather,,, any infraction will result in loss of Fines,,, Federal Assistance (Student Loans, etc),,, loss of citizenship,,, possible incarceration.
A note of interest.
Upon violently seizing power in the coup of 1917, Lenin issued his first executive order making “antisemitism” a capital offense punishable by execution without trial.
So those in US corpgov are proudly following the founder of the Soviet Communist Party rather than the founders that wrote the American Declaration. Only requires a senate vote and signature of dementia president to become “law”.
The value of most crypto currency is ability in it’s use in circumventing centralized banking/credit systems. Because sending cash through the mail is risky and slow.
The “who or what” behind crypto is a decentralized network, and no one person or organization controls this network.
This is its point. I’m not sure how to more simply state this. The block chain can be used for other purposes, like “smart contracts” we etc, but mainly, it’s about giving the finger to the Man.
>tax on “carbon,” which you ought to understand means a tax on consumption.
Wrong. A tax on your “carbon emissions” is a tax on your existence, because every breath you exhale produces carbon dioxide.
The “I” in this old song:
https://www.youtube.com/watch?v=OMOGaugKpzs
will be Uncle Sam. The total surveillance state is their objective. Total surveillance, and total control.
Did you pay your breathing tax this month, citizen?
Yeah, I’m sorry but I just don’t believe that our elections are real anymore. When so much money and power is at stake, people will do whatever they can get away with to make things “go their way.” It’s human nature.
It is quite clear that Trump does not have any amount of “owning up” to the atrocities put upon us during the covid hoax. Or conversely (if he’s that deluded) he thinks that he *is* “owning up”… to a great success back then. Oh those beautiful vaccines.
Besides, from my point of view, it has never been disproven to my satisfaction that Trump wasn’t the “double-double cross” back in in 2016 against Killary who was and remains widely hated. Not that she was any better, indeed she is worse AFAIK.
But what about Rand Paul? Remind me why he was so quickly discarded?
It wouldn’t surprise me one iota if the RFK jr thing didn’t end up happening. Or if he was JFKed by Big Pharma or the CIA. Or something in between, like doesn’t actually do anything to meaningfully change anything.
Digital currency is different than crypto. But I think both are a highly manipulated scam. People say “so is the dollar!” like that is an apples-to-apples comparison. It’s not. That’s the controlled opposition that is shilling for the banks.
IIRC our government had been “beta testing” a digital currency that they were saying was to be “rolled out” right on the heals of covid hoax. That surely is the continuation of their tyranny that went into overdrive with the plandemic. No matter what it is, no matter how it sounds, it is poison. Just like those beautiful vaccines.
Historically, inflation runs high when one wing of the Uniparty grabs across-the board control of the House, Senate and presidency. Both Bitcoin and gold have ripped higher, sniffing that this RINO trifecta is going to borrow, spend and print fiat dollars like’s no tomorrow.
Trump and his RINO partners love their ‘big beautiful military,’ which is going to get more trillions showered on it, despite being unable to pass an audit. An actual America First president would close every overseas base (starting with the THAAD unit in IS-ruh-uhl), exit NATO, and chop the military budget in half. But there’s too much grift for that to happen.
Bearer assets = freedom. Bitcoin and gold are hedges against RINO f*cktards going on a spree. Something has to give, and the dollar is the weak link. As I’ve said before, Trump’s unpublished election slogan was:
Death to the dollar.
‘the opacity of digital money. The fact that no one can explain in simple terms the source of its value and no one seems to know who is behind it’ — eric
Satoshi Nakamoto’s classic paper, Bitcoin: A Peer-to-Peer Electronic Cash System, published on October 31, 2008, is posted here. It’s only nine pages, but it changed the world.
https://bitcoin.org/bitcoin.pdf
The blockchain is based on total transparency: as Nakamoto describes on page 3 under the heading Network, ‘New transactions are broadcast to all nodes.’ Transparency is the fundamental means of combating fraud.
Bitcoin’s value derives from its scarcity. Only 21 million can ever be minted, whereas fiat currency is issued without limit. The total volume of dollars in circulation has gone up by a couple of orders of magnitude since it was delinked from gold (another bearer asset, like bitcoin).
Both Bitcoin and gold fundamentally are means of exchange, not investments. Their apparent investment value derives from the massive, worldwide criminal conspiracy of central banks, in which they ’emit’ unlimited quantities of unbacked fiat currency.
Unlike publicly-traded companies, means of exchange such as gold and Bitcoin have no growth mechanism. They do serve as bearer assets and as hedges against currency depreciation, as ALL central banks, in every nation, are engaged in a vast consensual fraud. Limited-quantity means of exchange such as gold and Bitcoin are not subject to this fraud.
RE: “Bitcoin’s value derives from its scarcity.”
Skunks are scarce in some places. Does that mean skunks have value in those places?
There’s nary a single alligator up here in The Northland, must be because they are so valued down South?
… There is a limit on how many skunks & alligators can be produced. Is that also why they are so valuable?
OMFG, I got a great belly laugh out of that one! So true! And I’m so stealing that from you Helot! You win the Internet today.
Cool. Just tryin’ to understand, in simple terms, the source of its value.
I imagine, Bitcoins value is mostly just as Martin Armstrong describes his difference with Austrian Economics, the strength of the Dollar is not from an increase in the money supply, rather he thinks it’s due to a decrease in confidence The People have in the goobermint. [Idk. Why not both?]
So, it seems with Bitcoin, a huge number of people have confidence in the Blockchain. Is that the sole underlying source of its value? Idk.
OK, but I can hand you a lump of gold and you can hold it, touch it, put it in your sock drawer, or go exchange it for something else. And that would specifically NOT be “broadcast to all nodes”. And although gold is a physical thing with known limits of its abundance, they still can manage to manipulate its price! Silver, platinum, copper, etc., on and on, as well.
With something so seemingly simple as gold ought to be, and still so manipulated, how can any of these ephemerous currencies be any better?
Say for example, something really bad happened, like a major war or even a mega-sun spot or whatever, and the internet could not operate outside of the military. Or at all. Like some EMF bomb hit, etc.
Sure, “as soon as its back up” (which we’ve all heard, countless times, at this point), everything will be restored. What if that “soon” is weeks, months, or never? Poof!
“Sorry folks! Turns out that after the EMF bomb, and then everything finally came back up, all the Bitcoin exchanges were somehow destroyed. The CIA absolutely had nothing to do with it.
Have a nice day!”
Per my limited understanding, gold and silver are for holding wealth, and bitcoin is for transferring wealth. Gold and silver are scarce, portable, durable, anonymous, and highly fungible. Bitcoin is all those except durable, but vastly more portable. Bitcoin is the new and improved money order/travelers check.
It is obvious to everyone who has paid attention that the dollar is dead and the US is bankrupt. The elitists plan to deal with both is a massive swindle, a traceable digital dollar which will be the new plantation/company town scrip. It’s actually a very elegant, if evil solution for the control freaks. The problem is, it is not in their power to destroy gold and silver, though they will surely try.
I’ll go with Warren Buffet’s description of bitcoin – “rat poison squared”. As far as I can tell it’s nothing but vaporware.
What other elements on the Periodic Table will be subject to an arbitrary tax in the future?
This is insanity writ large. Substances that occur naturally, irrespective of human existence, were put here for our use, not our restrictions. It’s this type of god-like authoritarian thinking that is driving humanity over a cliff.
As far as “digital currency” (scare quotes to denote its lack of actual existence) it has probably taken a big hit with the recent hurricanes. People now realize that without the infrastructure of a modern society, digital anything is less than worthless.
Cash is still King.
It seems even a child would know better than to play with invisible worthless currency.
Yet alone anyone who considers themselves an intelligent adult.
Maybe we should all ask ourselves this one question.. 😉
https://www.youtube.com/watch?v=zYEYJSsZ90A
RE: “Imagine how it could work during the next “pandemic,””
I got a slight reminder of how fast that pops up. The day before, I could walk into a local thrift store in this Red State/County without seeing any demands for compliance on the doors.
Yesterday, Bam! Big bright red stickers on the glass doors greeted me: No dogs, no guns.
“Dirty” dogs, “dirty” guns?
I wondered what drove that to happen, & Who decided it?
…I reckon it’d be like that with Bitcoin, too.
Hi Helot, I wonder what would happen if you walked in with a flame thrower and a pet ferret?
Ha! Good point.
…a cat is ok, too I guess?
My dogs identify as velociraptors. And this is an industrial hole punch. Any more questions?
Vivek Ramaswamy planted the bitcoin bug in Trump’s ear. He’s Vivek addressing Bitcoin 2023 conference:
https://www.youtube.com/watch?v=3Bc2jRlBunQ
Elon seems to like carbon taxes.You know who else likes carbon taxes? GovCo!!! Once that camel gets it’s nose under the tent it only goes up. Like the income tax that started over a hundred years ago but just for the rich, I guess everyone is rich now because everyone pays it. Digital currency will make it even harder to live free. What’s next a Value Added Tax like in the UK? Wait until they float that next but only to pay off the debt….
Eric: “Most especially when you believe you’re safe.”
To quote some dead guy “You can be dead but never safe”, or something like that. The more that someone else other than you such as GovCo or the oligarchs and their corporations controls the less control you have over your life.
Depending on where you live lots of people or almost no one has a generator, guess who will still have unspoiled food in the freezer during a power failure? Similarly learn to grow some of your own food, if nothing else it’ll probably be organic and taste better. Learn to repair what you own.
The only way to fight back against outside control is to be in control yourself. It used to be called being an adult, nowadays it might be called prepping. Either way you won’t be going to GovCo on your knees during a power failure or after a storm begging for help.
But how will I bribe politicians without cash?
That Senator in NJ was happy to take gold bars.
Bob Menendez
I thought that, too. But the control a politician can assert on you flows from the top. A briefcase full of cash to bride them works now but imagine the power the intelligence operators can assert on politicians and CEOs with digital money. The middle managers of the tyranny are dumb as a box rocks grifters who can’t see the elephant in the digital money room either. These idiots can’t help themselves with hookers and blow so they always walk straight into the honeypot. They might as well just pre-select the kompromat they wish to be used against them in the future during their first run for public office. Many of them are already too dumb not to use corporate or government credit cards.
In fairness, I find their predilection for hookers and blow to be their only human and redeeming characteristic.
I think digital currency schemes are a nonstarter. The credit card processors are making too much money to let alternatives become widespread.
That said, I think there are a lot of people who see the shiny without understanding the mechanism. So maybe a CBDC is put out there as a better way to conduct electronic business. I don’t think that credit card transaction fees are a problem, Visa and MC are providing a service after all, but I also think that there should be more competition. Maybe a user-friendly blockchain, even if it’s run by the post office, would be that alternative.
People who think Bitcoin is untraceable are disillusioned. The whole point of a blockchain database is to distribute transaction history to as many people as possible. Sure, it’s just a number. So is your IP address. It’s trivial to connect a wallet to an IP address (especially IPv6, where every device gets a true (non-NAT) IP address). And that IP address location is known too. Oh, the feds might not know your name, but they can get enough corroborating evidence to send you a notice. Don’t even need to involve any of the 87,000 new hires at the IRS until the AI spits out the evidence.
All it takes is a miner and access to BGP routing tables. Finding the physical location takes a little more effort, maybe a subpoena (or just an email) to your ISP.
If you’re on the network you’re trackable.
Far too many people believe it’s all magic and don’t get this. If it’s digital, it’s NOT secure. If you put it on the web, you own it, and even though I use multiple handles it is a trivial matter to find me.
And with the ubiquitous adoption of networked solid state cameras in the last 20 years it’s safest to assume there is no privacy. And organizing resistance is logistically impossible because every promising leader will be compromised or destroyed. God is our only hope.