"Digital Currencies" Thoughts from DJ 2-21-2022
DJ : DID YOU KNOW?
In order for us to see a GCR the manner in which we are paid, in terms of currency, will have to be established. Logic says there isn’t, and never will be, enough physical currency in print or can be printed to accommodate the payouts. So logic would lean towards developing a digital currency.
To that end steps are in play to accommodate the activity, and is being done in such a way as to escape public debate or opposition, you just have to look.
For most, those who will ultimately benefit from a GCR/RV payout, have little concern or wasted thought on the pros and cons of digital currency or if a digital currency is going to happen at all. Just give me some money.
The ultimate purpose of a Global Currency Reset is to dismantle the American financial system and replace it with a newer, more “inclusive” system. We are “now” witnessing a controlled demolition of the system.
All over America, businesses have stopped accepting cash. According to a survey by the Bank Of International Settlements (BIS), a full 80% of the world’s central banks are already in some stage of rolling out digital currencies that will soon replace cash.
Sweden, for example, has already introduced the “e-krona” to digitize their national currency.
The Bahamas recently released the first fully operational-state-controlled digital currency.
And China, the world’s second-largest economy, has also released tens of millions of dollars of digital yuan to its citizens and is expected to roll out a full version in the coming months.
And in the good old U.S. of A, Congress slipped language into a draft of a pandemic stimulus bill, in which the measure would have set up every American with a ‘FedAccount” and replaced dollars with a Fed-controlled digital dollar. The U.S. Senate actually held an emergency meeting to advance the digital dollar. There are currently multiple bills introduced in the House to establish a U.S. Digital Currency. (H.R 2211, H.R 5101 and a dozen more hid in the verbiage of non-related bills to stuff it through without public scrutiny or opinion)
Visa, on May 14th, 2020 filed a patent on a “Digital Fiat Currency” (pat # US 2020/0151682 A1) look it up. What do they know is coming?
Big Tech is also doing everything they can to help make the digital dollar a reality. Apple and Google already have contact tracing in the operating systems of all their smartphones and it’s not even possible to delete it!
When viewed from an unbiased position, what are the possible side-effects of a digital currency rollout?
Not spending your proceeds on what “they” have determined is “appropriate” is GONE.
For the first time in history, bureaucrats will be able to monitor every single transaction around the world, in real-time. They’ll be able to print as much money as they want without telling the public how much they’re printing.
Earned “more than your share” of money this year? Your money can be gone in an instant and there is nothing you can do about it. In fact, if they wanted to, they could even “reset” the accounts of every American as “they” see fit. For any reason at all!
When the GCR rollout is finally here, and a new digital dollar is officially introduced, it will inevitably lead to a confusing, shocking, and very distressing period of time for most Americans . Take this downtime and do the research on how to safeguard and utilize your funds.
Balancing your money is the key to having enough. It’s important to know what you want to accomplish with your investments before you actually invest. Diversify and hard assets are always good options. Remember wealth isn’t what you earn, it’s what you keep.
Money makes the world go around but don’t let it make you dizzy.
DJ