>The U.S. is betting on Digital Dollars (Stablecoins) while China is betting on physical gold.Here’s how it works:A bank or large corporation purchases a certain amount of U.S. Treasury bonds—say, $100 billion—and can then issue $100 billion in stablecoins at a 1:1 ratio.This essentially amounts to the U.S. government granting banks and corporations a license to issue their own currency, ensuring that someone buys U.S. Treasury bonds and preventing an economic collapse.This plan is highly unreliable.It would lead to the emergence of dozens, or even hundreds, of private currencies in the U.S. market.For example, JPMorgan Coin, Blackstone Coin, Apple Coin, Google Coin, Sony Coin, and Elon’s X Coin. To entice ordinary people to buy their stablecoins, these banks and companies would offer generous incentives or high-interest services. For instance, if you buy an iPhone with Apple Coin, the price would automatically drop by 25%. This would severely reduce the public’s willingness to use U.S. dollar savings and lead to currency chaos in the U.S. market.Aside from the fact that stablecoins could make President Trump a fortune, I don’t believe they can save the U.S. economy.https://x.com/SternDrewCrypto/status/2095607425344905640
How it works:Billions of people who will never open a U.S. bank account can hold a dollar token. Every new token forces the issuer to buy short-term Treasuries.Dollar demand gets exported on crypto rails.The reserve currency survives even if SWIFT loses corridors because the world is still holding a claim on U.S. paper.It’s not a gold standard. It’s a digital T-bill standard wearing a crypto costume.
>>541972490Keep us posted.
>>541972490>>541972543Who cares, the sooner the hypertinflation comes, the better
the anti-christ does the opposite of king midas. everything he touches turns to shit. best advice i can give you is to repent and worship God in Jesus Christ, and to avoid anything that drumpf wants and do the opposite of what he says.flock = baddata centers = badj*ws = badwar = badinsider trading = baddrumpfcoin = badFIAT = badcan't go wrong. simple as.
>>541972543I think it will work. Normies will rather trade in those coins than use gold.
Furthermore, does this plan allow foreign companies and banks to issue stablecoins?If the Bank of China purchases $100 billion in U.S. Treasury bonds, will it be able to issue a “Bank of China stablecoin” in the United States? What about the Bank of Japan?At the same time, there may be issues with exchanging stablecoins between different banks and companies.For example, can I use Apple Coin to buy PS5 games?Can I use Google Coin to buy an iPhone?Are stablecoins interchangeable?Will there be transaction fees?This plan has seemed highly unreliable from the very beginning and will lead to serious corruption issues.The savings of ordinary American citizens will be drained by private banks and corporations.
>>541972490CBDCHope you're ready to fight :3
>>541972490>dropped the gold standard>crashed the petro dollar>and now muh stablecoinsthe audacity of the jews and their anglo slaves is quite something
>>541972490They are only pushing stablecoins to increase US treasuries sales.
>>541972805Money doesn't work without centralization. The "decentralization" you guys sperg about is just buying things without leaving a paper trail. So just use cash or barter at a swap meet or something (trading boxes of ammo for a hunk of pig ass)
The entire stablecoin bill reminds me of the megacorporations in Cyberpunk 2077.Arasaka and Militech.These two companies have become the legendary “corporate states.”They have their own constitutions, their own currencies, and their own armies.They hold seats at the United Nations, and these corporations control the day-to-day operations of entire nations.Now that the U.S. government has granted private companies the “right to mint currency,” the next step might be to allow them to have their own laws and armies.
>>541972928>They are only pushing stablecoins to increase US treasuries salesI know, but is this really a good idea?This essentially amounts to delegating the power to issue currency to banks and private companies.These companies will use their own currency to hoard wealth at all costs, while the U.S. government is left with nothing but more debt.Ultimately, this will only further harm the U.S. economy.
>>541972490So now we know what the data centers were really for.
>>541972490top kekit ends with a crypto pump and dump
Why are pajeets so ugly and stupid?
>>541973784we just want everyone in the world to use money with our name on it. that's all we ask. in exchange, we won't wipe you out militarily.
>>541973784If foreign countries stopped buying our debt then the U.S. has to sell it to stablecoins and have those service providers offer USD to those people directly. Instead of a central bank buying bonds and putting the poors to work, the techno-feudal fintech class will buy the bonds and off er USD services to everyone. They're going to tokenize stocks so you can buy partial shares with stablecoins from anywhere in the world across jurisdictions. The stock market cannot go down or else everything collapses so the U.S. needs to get more users and cash flow whether foreign leaders want it or not.
>>541973896>in exchange, we won't wipe you out militarily.If the U.S. military could defeat Iran, you wouldn’t even need stablecoins.The petrodollar could remain strong.But what happened? The U.S. military was defeated by Iranian missiles.I’m starting to worry that Trump might sell the USS Lincoln to Elon Musk.
>>541973053real life is not videogames
>lol
>>541972490based how do i get in early
>>541974198>techno-feudal fintech classThis will definitely lead to the emergence of a corporate state; it’s only a matter of time before “Apple police” appear on the streets beating up the poor.Because the U.S. government is out of money, and to survive, it has no choice but to sell off more government powers to private companies.
Stack like never before
>>541974361you can't it is by US law a scam that is worse than a bank accountstable coins are only stable relative to other crypto
>>541974341Corporate states have actually existed throughout history; the “Dutch East India Company” is a prime example.They had warships, armies, and money.They could invade other countries, establish colonies, and engage in the slave trade.The Dutch even occupied Taiwan for a time.
>>541972490>vote for trump because you think he will save you from the statist surveillance state and mark of the beast>gets elected>immediately puts in more work than any administration in history to start building the surveillance state, social credit system, and revocable CBDCs
>>541974586There's another thing about stable coins which i like: Think about return to the land, other such initiatives. You can essentially have a whites only currency that is softbacked by the US gov
>>541972490>China is making gold the standard again>We are turning the dollar into a shitcoin>THIS IS HOW WE WILL WIN!man... Just put burgers out of their misery already.
>>541974453They'll probably advertise government bennies under "XUSD" with the meme it stops fraud and waste. Then when the process is in a legal gray area they'll change the rules.
>>541974655Taiwan is rightfully dutch
>>541973896Nigga, your military is a paper tiger.
>>541974767Oh don't think we've forgotten YOuSwiggity swoggity we're coming for that canalussy.
>>541973862It's going to be the world's biggest rugpull
>>541974198why can't the US issue money without borrowing? no need for the stable coin cutout
>>541972490Oh fuck he's retarded.We're doomed.
>>541974951Jews
>>541974951>>541974983ThisIt's a cashout. US is over
>>541972490trump and his insiders will profit immensely from this. what it ultimately does to the american monetary system or americans isn't even being considered.enjoy, faggots.
>>541974981>he's retardedYou didn't realize this when he pumped and dumped his last few shitcoins?You know trump has made MOST of his net worth in the past 2 years, right? He's using the presidency to scam and get rich
Living in a dying empire is interesting. I've stopped being terribly concerned about longterm goals like retirement. At most I'll plan out 5 year in advance and understand that there's a reasonably high likelihood that it won't work out as we descend further. As far as the US goes, I have no hope for a future and that keeps my rockbottom expectations close to reality.The only truly good thing is the ascendant China is explicitly pro-Han and will treat niggers and yuropoors (same thing) like the cattle they are so at least I'll have some amusement as I experience 90s tier Russia for the rest of my life.
>>541972490Simon Dixon has been talking about this for ages. Nothing new here, retard niggermonkey.
>>541974981He's not retarded. He's just scamming.Bonds already solve every "problem" they're trying to solve.>b-but nobody wants stinky shitty U.S. debt or currencyThen why would they want the exact same thing, in pog form?
>>541975070Burgers were never an empire to begin with. It was a lucky run that started with the boomer though not because of them, it just coincided with their births.It will end with he boomers, not because they die but because they will cash out everything to take it to their graves with them.
CBDC in comming.Buy guns and ammo bros. download field manuals, gardening books, and bushcraft shit. Also learn how to build a gassifier.Hope to see some of you on the other side of this. We ain't dyin bros.
>>541975275issuer benefits by capturing customerscustomers benefit by getting deals on stuff.
>>541972490how will that work out after EMP blast?
>>541973784>delegating the power to issue currency to banks and private companiesIf you open up your wallet and pull out a one dollar bill it will say Federal Reserve Note on it, we've been doing just that for over a hundred years now.
>>541975210Meh, there is a strong sentiment almost worldwide in younger generations (below 40yo) about them not ever going to retire social systems like retirement are collapsing all over except in places like china or because people see how they are only paying for old people that live longer now and thus waste the money you were supposed to get in the future.It's a mess, my dude and it's not even about this new shit from jewsa. This just guarantees that absolutely no one will be able to retire.
>>541975466It will stop working long before that, anon
>>541972490Meh, we'll see.The only true value in a currency lies in the power backing it, gold too is just a bit of metal in the end.Ergo there are different factors that will determine its long term success, even if i too have no idea how it will unfold.
>>541975275>Then why would they want the exact same thing, in pog form?Now private companies have been granted the right to issue currency and can extend loans just like banks.For example:Apple issues “Apple Coin.” If you exchange your money for Apple Coin to buy an iPhone, you automatically receive a 25% discount.If you deposit Apple Coins in Apple Bank, Apple will pay you 5% interest annually. Meanwhile, Apple uses your money to make loans or invest in the stock market.With such high interest rates, no one would need the U.S. dollar or the Federal Reserve.Apple can generate massive profits by issuing currency and making loans.Moreover, this money never passes through U.S. banks, because Apple itself acts as a bank.Hundreds of stablecoins will ultimately harm the U.S. economy and the U.S. dollar, because everyone is using privately issued stablecoins.
>>541975356>To their gravesYou sure about that?
>>541972490stablecoins are pegged to something which is why they are stable. how can the USA have a stablecoin so it is able to devalue the dollar if it is pegged against the dollar? what are they pegging it to?
>>541972490>We will back our monetary system with digital assets that are backed by our monetary systemCircular reasoning works because
>>541975676>CASHNADO CAT 6 ALERTWell they think they are taking it to their graves because "they enjoyed it" or some bullshit.
>>541975536Right, but the US (and to a lesser extent European countries) are being looted by their older people and Jews. I have more confidence that China, for all their faults, have a better chance of resolving their retirement/benefits issues than the US. It's a global problem because of global population issues, but it doesn't have to have the same global outcome if specific countries are actively working towards a solution rather than the American "fuck you, I got mine and also send as much money as possible to Jewish entities."
>>541973784>>541974951this video will answer all of your questions https://old.bitchute.com/video/zwdCl18pslkC/
>>541975516>If you open up your wallet and pull out a one dollar bill it will say Federal Reserve Note on it, we've been doing just that for over a hundred years now.Yes, but before that, the United States used only the “U.S. dollar” as its currency, and there was only one exchange rate within the country.The role of banks is actually to make loans, not to run businesses and sell goods.Now, the U.S. government allows banks and companies to issue their own currencies, and the primary purpose of these currencies is to replace the U.S. dollar.This has thrown the U.S. financial markets into chaos; with hundreds of different currencies, the mere act of exchanging them and the associated fees are enough to wreak havoc on the economy.
>>541975275>why would they want the exact same thing, in pog form?retards buy shiny rock.
>>541975661They're going to regulate stablecoins so they will have to buy bonds to back the stablecoin 1:1 It beats banks that are 0% backed idk what will happen to them. Tether has like 140b in bonds more than many countries and banks, and also 140 tons of gold. The stablecoin providers are the new elite but they play ball with the U.S. government.
>>541972490The tulip bubble, the south seas bubble and the Mississippi bubble were all the same thing - a way for the government of the day to default on crippling levels of debt. Dutch government leaves its war of independence with something like 300% debt to GDP. It cant hope to repay the debt but it can’t be seen to default. Create an asset bubble. Every wants cash to buy the new product. Borrow from bank… bank prints money backed by Gold/silver and uses deposited money to create reserves. These reserves are used to buy in government debt. Asset value collapses, banks go broke. Government nationalizes banks, cancels the government debt annd then recapitalizes the bank as a much smaller entity. Britain and France exit War of Spanish Succession up to their necks in debt. They have to default but it has to be a hidden default. They create limited liability companies with a guaranteed monopoly on a trade route (South Seas in Uk, Mississippi in France). These companies sell shares to the public. Mania begins and valuations go insane. Company/ initial shareholders use the cash raised from share sales to buy in government paper. Company goes bankrupt, government takes in company and closes it or recaps it. Government Debt held by bankrupt company is canceled.It’s the end game for the fiat dollar.
>>541975917>hey're going to regulate stablecoinsIf you're willing to bribe the U.S. president, then you won't be subject to regulation.President Trump will issue his own “Trump Stablecoin.”
>>541975917
>>541973836just to mine gigajewcrypto?
>>541975785True but the problem with retirement social programs is a dual problem. Those system work by needing on average 1.5-2 people working for every retired grampa. In the civilized world it won't be just some retirement payment but also healthcare and other social programs tied to that, which is why the coast is 1.5-2 people paying for that dude.And that would be okay if the population had a steady growth because when you will reach that age, you will need 1.5-2 people working for you to keep your pension and healthcare. The problem is that populations are not going up accordingly and that's a worldwide problem.The other problem is that retirement pensions and elderly healthcare were first designed for the old dudes to live X amount lf years after retiring, now they get to live a decade or two more due to modern medicine, so the funds have to be stretched for longer. This is also a worldwide problem.So the only real solutions to this is to either cut the benefits, increase the age of retirement so the overall years covered by the benefits are the same they were designed for, or just start making a crap ton of babies somehow and hope they become someone who can pay for all.Basically all 3 solutions are impossible because of either backlash or other problems can can arise.Robotic automatic could help and china has that sliver of chance but i think this is something beyond even for them for now.
>>541976138>President Trump will issue his own “Trump Stablecoin.”Hasn't this already happened? Or perhaps it was a memecoin promoted by Trump.
>>541972490>China waits until America switches to stable coins>shuts down the grid>lel, lol, lmao
>>541972490>It would lead to the emergence of dozens, or even hundreds, of private currencies in the U.S. market.I think this would be solved quickly with a system for that would allow the fagcoins to be interchangeable.The question is in the incentives part you mentioned. If everything becomes cheaper with fagcoins, wouldn't businesses just universally increase the cost of their products to compensate for the discounts?
>>541976268>Or perhaps it was a memecoin promoted by Trump.The previous “Trump Coin” was a meme coin, designed primarily to scam people out of their money.The Trump Stablecoin, on the other hand, will be a new form of currency,one that will allow President Trump to open his own private bank.Want to receive special treatment from His Excellency the President? Please purchase the Trump Stablecoin.
>>541976360>If everything becomes cheaper with fagcoins, wouldn't businesses just universally increase the cost of their products to compensate for the discounts?100%All of this will lead to a vicious cycle of depreciation for the U.S. dollar and hyperinflation in the U.S. economy.In the end, ordinary Americans will have no choice but to convert their money into stablecoins.Not even gold will suffice.Because you can’t use gold to pay taxes, medical bills, or utility bills.You’ll have to use stablecoins, because the U.S. dollar has depreciated to the point where it’s no longer usable.
>>541976209>Robotic automatic could help and china has that sliver of chanceThis is kind of what I was alluding to or thinking when I posted. It's perhaps my delusional hope that China can pull it off to prevent a total kosher victory, but that might be too much to ask at this point.>>541976412>Want to receive special treatment from His Excellency the President? Please purchase the Trump Stablecoin.I think that's the purpose of the coin(s) by World Liberty Financial already. They explicitly say holding $x million in the coin guarantees access. The only difference is I don't think they have a stablecoin yet. It's just open air corruption. So you're right, but it's already here.
>>541976605In that case, it seems the goal of these fagcoins is not to "save" the American currency, but to convert the entire population to a system where all transactions can be easily tracked. Just more surveillance nigger shit.
>>541976209I remember almost 10 years ago people were saying "the Boomers are going to die soon. They're going to die and give up their money!"NOPE. The fuckers are going to live to 100 even if they are invalid Jimmy Carter status. They will also use up all of their money for nursing homes and hospital bills when they're about to croak, so the kids will not receive their house, but the kike medical institution will.My town has a median age of 47. My neighbor is 88. And all I see is houses going up for market. But guess what? Young people aren't buying them, it's kike outfit LLCs.
>>541972490One generation of spoiled little bitches ruined it for the rest of us. Well, it’s been fun fellow racists but I guess we’re collapsing
>>541972490But in reality trump and his crew wanna squeeze some more billions out of their dumbass cultists.
>>541977023>Just more surveillance nigger shit.That and making a handful of people very wealthy while everyone else suffers. Perhaps that's just an added bonus, though.
>>541976736>but it's already here.It’s not just that.I strongly suspect that Trump is pushing the stablecoin bill in order to secure a third term.You see, under the U.S. Constitution, it’s impossible for a president to serve a third term. That would be unconstitutional.It’s absolutely impossible for Trump to amend the Constitution.But it’s a different story if you can bribe every bank and major corporation in the country.You sell the entire country to private companies, and in return, you can continue to serve as president.
>>541975911Yes I understand but all I'm saying is that we are past the point of it matering, I'm neutral on it and can't say that I wouldn't be doing pushing stablcoins myself if I were in their shoes. But for me if I were in charge I'd get rid of the "welfare for the wealthy" aka "interest bearing government debt bonds" and just issue government yearly deficit spending directly with dollars created straight from the US treasury.
>>541977271Yeah but what's the point of being president once you've relinquished your power to the corps. Is the third term really worth it then? Trump is already a fucking marionette right now.
>>541972543>>541972490Yes, and obviously, and we told you to buy crypto and you told us it was a scam.But you didn't realize we KNEW it was a scam and that the only way to unscam the scamming was to be also in the scam.
>>541977035The day of the pillow
>>541977271I'm sure he'd like a 3rd term, but I don't think his mortal coil is going to last that long. If I were a bank kike or corporate master, I'd prefer to put a different puppet that is less erratic and just as controllable as Trump. Surely that can't be hard to find.
>>541977530>Is the third term really worth it then? Trump is already a fucking marionette right now.As long as he can make money, Trump will do anything.
>>541977530Trump's grandiosity. He wants a legacy. A third term would certainly grant him that and he'll be dead before the consequences can pierce the firewall of sycophants he's surrounded with. One of Trump's defining features is he only cares about appearance and substance is a distant secondary concern. So I could see him attempting it.
>>541972490This is already happening. Since China has been selling mass quantities of US bonds, it's all Lutnik and Cantor Fitzgerald purchasing American debt through Stablecoins now. It comes out as UK or Caymans or whatever in the treasury reports, but it's just shitcoins and Howard really. He's making a fucking fortune doing it too. It's also the tether fucks who built CECOT for Trump in El Salvador. Petrol dollar died when he declared war on Iran. We are a meme based currency now.
>>541976736In china's case it wouldn't be kosher victory if they fail, it just would be a regular failure. Kiked have nothing to do there though they profit from this absolute mess everywhere else.This is just a problem we have no real solution for because we never had this problem before. Living for too long is a problem now apparently and obviously nobody wants to put grampa to sleep for good just because you won't get any retirement pensions.Some cultures had a solution to this but they would be unacceptable by 99% of the world. In the amazon jungle, some tribes use poison dart frogs to poison their darts (fucking duh), they use the elderly to cook the frogs to make their poison usable, the fumes usually make them sick and often they die while making the poison but they produce enough poison for an entire year or more. It's a sacrifice so the entire tribe can continue on living.
>>541977530Izzat
>>541977745Lets hope he gets a praetorian special soon
>>541972946I love how that's what you focus on, and in a well-poisoning ignorant wayEat shit, shill
And if there are a million different currencies how will US consumers store their wealth? WalmartCoin for groceries, ExxonCoin for gas, VerizonCoin for internet? It seems more likely that US consumers will have a single currency.
>>541972543>>541972584Maga is now pro dbdc...BAHAHAHA
>>541972490Well it's hard to bet on gold you gave away to the little hat tribe and it's much easier to fraud some digi-dollarsWho cares really?Just another gay theater play for the next >2 weeks
>>541977271Kek you aren't an american. Trump cannot serve a third term because half the country thinks he's hitler and the other half have lost their enthusiasm for him. Now it's time for 8 years of blue, and then flip flop. That is how they keep the masses sated.
>>541977745>I'd prefer to put a different puppet that is less erratic and just as controllable as Trump.JD Vancehttps://x.com/BullTheoryio/status/2095580771721642039
>>541977745
>>541972543Soooo. The US gets to not just export its inflation (who’s going to agree to a competitive currency inside their borders?). Aaaand this is a double hit. Because you’re buying US treasuries EXCEPT. These things don’t pay a YIELD like a T-bill or bond. What a fucking scam.
>>541978128>And if there are a million different currencies how will US consumers store their wealth?The reality is that you’ll end up with a universal stablecoin and a variety of private stablecoins built around it.For example, JPMorgan and Bank of America might jointly issue a “U.S. Coin,” which you could use just like the U.S. dollar.Meanwhile, other companies would offer various incentives to encourage you to exchange “U.S. Coins” for “Apple Coins” or “Tesla Coins.”Ultimately, the result would still be a depreciation of the U.S. dollar.
541972490 (OP)Bullshit. The U.S. has decided to bet on Data Centers and AI. We can discuss the definition of “bet,” but the rest is not up for debate.How and why?Bitcoin has always been “a bet on nothing,” because “nothing” is better than a late stage turbo-nigger capitalist economy. Data Centers put that “nothing” to work, by increasing the cost of living. Suddenly, “nothing” becomes gentrification that PENETRATES entire sectors, no longer just certain tiny geographical areas being gentrified.Picrel is the old economy, and nothing is more absurd than giving niggers civil rights. So, absurdity begets absurdity. Calling for “stable coins” is the exact fucking opposite direction from absurdity.>>541972584It’s not a Chinese guy. It’s a guy who wants to buy gold, bitcoin, or invest back into the Data Boom. I will leave that discovery to someone who is better at econ.
>>541974951Issuing paper money without anything to back it up? Not EVEN debt? Which is bad enough. Speed run to hyperinflation on a month.
By the way. If this went global. They would have the ability to INDIVIDUALLY target anyone on the planet and shut off their stablecoins. It’s a shockingly huge power grab.
>>541972490wtf
>>541978128(You) will get paid in whatever coin your big company pays (you) and then whenever (you) have to buy anything (you) will be charged to make a currency exchange because X or Y store only takes Xcoin or Ycoins.
>>541972490It would be funny because all those shitcoins would get rejected by everyone since they're highly prone to manipulation and are based on nothing. The lesson of bitcoin and assorted crap is that it's not viable as a true currency.
>>541978769The Chinese government has actually issued a digital currency called the “digital yuan.”This currency is identical to paper money and can only be issued by the Chinese government. It also offers the benefits of traceability and strict regulation.Furthermore, it is directly pegged to the gold standard, eliminating the risks of excessive issuance or severe devaluation.The digital yuan is primarily used for fast foreign trade transactions and domestic anti-corruption efforts.Ordinary Chinese citizens hardly use it at all.The U.S. government has delegated the authority to issue currency to private companies, which is essentially no different from drug addiction.
>>541979041America could create an internal eternal poverty gulag with shitcoins, but nobody would trade with them OR individual companies because nobody would trust the shitcoins. This would just be America filtering itself from everything to a profound degree. Their shitcoins would be worth less and have less trust than Zimbabwean dollars.
It this again but instead of trash Housing Loans it's trash Government Loans.https://www.youtube.com/watch?v=YgF98vyn2fY
>>541972490Let's trick libtards into collapsing the US economy to make Trump's ill-gotten gains worthless, then watch and laugh when niggers rip them apart and eat them in the streets, then cleanse our country when they cant stand in our way anymore and return to being cumfy again.
>>541972490LOLSo many will need to be killed
This shit will pump my crypto bags so hard, the USD will be worthless in the end, but the amount of liquidity it will introduce to crypto will be huge.
>>541978297Electoral politics are fake and gay but even in that gay theater the Blue Party are at record low numbers and it's been made harder for them to cheat.
>>541979645Just remember to give your tip to the kikes
>>541973862Obvious really...
>America is accelerating the proliferation of currency based pyramid schemes.
>>541979239>Papiermarks 2.0 is going to be a dollar shitcoin
>>541979236I’ve very familiar with CIPs and the new gold regime coming in. I have a lot of gold. But this global stablecoin shit is about keeping control of the world and slowing extracting wealth from the planet by issuing constantly debasing “money” that’s programmable, weaponised, and tool of surveillance and control. It needs to be resisted. China should just drop the hammer. All trade imbalances with debtor nations need to be settled in gold or commodities. The balanced part of trade can settle in swaps of currencies. Watch the Americans scramble to bid up the gold they don’t have anymore. End this ponzi system.
>>541979236>it is directly pegged to the gold standard, eliminating the risks of excessive issuance or severe devaluationIt doesn't mean anything if the currency is not exchangeable for gold and vice versa. People must own gold.
>>541980940>It doesn't mean anything if the currency is not exchangeable for gold and vice versa. People must ownThis is the purpose behind the Chinese government’s decision to establish the Hong Kong and Shanghai Gold Exchange.Third-party countries can buy, sell, or store gold in Hong Kong, and in return, the Chinese government will provide you with yuan.
>>541972490This exact statement was made on March 20, 2025.https://www.youtube.com/watch?v=Y9KEePeRCBQHas anything new occurred?
>>541978663So we've just arrived full circle back to mining scrip
>>541980716>Watch the Americans scramble to bid up the gold they don’t have anymore. End this ponzi system.Nah, as long as the U.S. government keeps exporting gold, we don't care what Trump is doing.
>>541972490I can’t wait to deliver pizzas for Uncle Enzo to some fat fucker in a burbclave who only pays in USD and not digital Kongbucks or Yuan 2.3a
>>541981686I got one of these from River too lmayo
>>541972805As much as I dislike all the stuff in this picture, I can do about as much to stop them as I could Flock cameras, PRISM, TSA biometrics, or COVID vaccines.
>>541977625Well the reason i didnt invest in crypto is because for one its backed by nothing, two its digital currency whereas gold has actual physical value, and lastly, that shit can be rugpulled from you at any moment. The only way i would actually fuck with crypto is if i could travel back to 2009/2010 when bitcoin started.
>>541978128>And if there are a million different currencies how will US consumers store their wealth?That's the neat part: They won't have any wealth! Everyone will be paid in corpo-scrip and the elite will determine purchasing power.
>>541974361chainlink, with hundreds of different stablecoins there needs to be a bridge connecting them all in a reliable and secure way.
>>541975210I don’t plan anything past a typical election cycle, I know that there is consistently some war or economic crisis or some bullshit with Israel that renders it totally moot. I have a very noncommittal attitude toward my career also, I’ve never lasted more than 3 years before a bad quarter or year axes 25%-50% of the staff. Last hired first fired, a vicious cycle. I’m sure many millennials know the feeling of being a white collar migrant laborer who is passed from corporation to corporation like a gypsy whore. Gen Z is just now getting a taste of what will be far worse than what we dealt with.I know I’ll overall be fine. Byzantium kept a barely functional corpse of an empire on life support for 600 years, and it’s typical for empires to fade with a whimper rather than a bang, a degenerative disease that eats away at it from the inside out until one day it just never wakes up again. It’s really sealed the decision to never have children. Every time I try to lay down roots some fucker in a yarmulke pulls it out and eats it before it can ever bear fruit.
>>541972490Ripple paid Trump millions to pump XRP. Hope you chuds bought in when it was a penny coin before the election.
>>541977625This. Some of you still haven't taken the clownpill
>>541972490You guys already won. Fucking gold is a no brainer. As long as you keep the jews out China will own the next century. We're terminally infested with jews.
>>541972490>I don’t believe they can save the U.S. economy.Well, if it goes thru they can spam their debt to the retail market *worldwide*, bypassing central banks, bond vigilantes and all that. One thing to take into account is, being such issuer private companies, there would be no institutional guarantee if they go tits up, bankrupt, data breach, rugpulls and all that.
>>541972490BTW, I know how to destroy China on manufacturing. All the VCs rejected me. Just a heads up though, there's a fatal flaw with Chinese manufacturing paradigm that makes you vulnerable. Jews were won't implement it however. China could implement it, but it would destroy your existing economy along with the jews here.
>>541983807were/here*
>>541983658That’s how it was during the early days of Bitcoin, some online exchanges would state that they have enough cash to cover conversions or withdrawals, and then just say “lol sorry we lied” with zero consequences.
>>541972543America is fucking stupid holy shit. Talk about going all in on nothing.
>>541974453That's precisely the ancap - libertarian goal, there's no conspiracy, it's all in the open.
>>541984074I was shooting heroin and reading "The Fountainhead" in the front seat of my privately owned police cruiser when a call came in. I put a quarter in the radio to activate it. It was the chief."Bad news, detective. We got a situation."What? Is the mayor trying to ban trans fats again?"”Worse. Somebody just stole four hundred and forty-seven million dollars' worth of bitcoins.The heroin needle practically fell out of my arm.What kind of monster would do something like that? Bitcoins are the ultimate currency: virtual, anonymous, stateless. They represent true economic freedom, not subject to arbitrary manipulation by any government. Do we have any leads?”"Not yet. But mark my words: we're going to figure out who did this and we're going to take them down ... provided someone pays us a fair market rate to do so.""Easy, chief," I said. "Any rate the market offers is, by definition, fair."He laughed. "That's why you're the best I got, Lisowski. Now you get out there and find those bitcoins.” "Don't worry," I said. I'm on it."I put a quarter in the siren. Ten minutes later, I was on the scene. It was a normal office building, strangled on all sides by public sidewalks. I hopped over them and went inside."Home Depot™ Presents the Police!®" I said, flashing my badge and my gun and a small picture of Ron Paul. "Nobody move unless you want to!" They didn't."Now, which one of you punks is going to pay me to investigate this crime?" No one spoke up.
>>541984074>>541984561“Come on," I said. "Don't you all understand that the protection of private property is the foundation of all personal liberty?It didn't seem like they did.“Seriously, guys. Without a strong economic motivator, I'm just going to stand here and not solve this case. Cash is fine, but I prefer being paid in gold bullion or autographed Penn Jilletteposters.”Nothing. These people were stonewalling me. It almost seemed like they didn't care that a fortune in computer money invented to buy drugs was missing.I figured I could wait them out. I lit several cigarettes indoors. A pregnant lady coughed, and I told her that secondhand smoke is a myth. Just then, a man in glasses made a break for it."Subway™ Eat Fresh and Freeze, Scumbag®" | yelled.Too late. He was already out the front door. I went after him."Stop right there!" | yelled as I ran. He was faster than me because I always try to avoid stepping on public sidewalks. Our country needs a private-sidewalk voucher system, but, thanks to the incestuous interplay between our corrupt federal government and the public-sidewalk lobby, it will never happen.I was losing him. "Listen, I'll pay you to stop!® I yelled. What would you consider an appropriate price point for stopping? I'll offer you a thirteenth of an ounce of gold and a gently worn 'Bob Barr '08" extra-large long-sleeved men's T-shirt!"He turned. In his hand was a revolver that the Constitution said he had every right to own. He fired at me and missed. I pulled my own gun, put a quarter in it, and fired back. The bullet lodged in an old USPS mailbox less than a foot from his head. I shot the mailbox again, on purpose."All right, all right the man yelled, throwing down his weapon. "I give up, cop! I confess: I took the bitcoins."
>>541984074>>541984609"Why'd you do it? I asked, as I slapped a pair of Oikos™ Greek Yogurt Presents Handcuffs® on the guy.“Because I was afraid."“Afraid?”"Afraid of an economic future free from the pernicious meddling of central bankers," he said. I'm a central banker." I wanted to coldcock the guy. Years ago, a central banker killed my partner, and worse, he did it for free. Instead, I shook my head."Let this be a message to all your central banker friends out on the street," I said. "No matter how many bitcoins you steal, you'll never take away the dream of an open society based on the principles of personal and economic freedom."He nodded, because he knew I was right. Then he swiped his credit card to pay me for arresting him.
>>541984561I cant wait for the Amazon drone to deliver cathinones to me and my 10yr old wife in McDonalds block #183
>>541974361You can buy CRCL stock, or ETH the crypto now and get a 3x risk free
>>541972490hyperinflation here we come!so can i also buy infinite bonds? cause I'll buy some bonds, then use the digital coin to buy more bonds, then even more, I'll take all the bonds Bessent, tell me what interest rate you want to hit, I'll take on that risk, don't you worry.
>>541983266Oh no you dont /biz/raeliDont come in here and get us on your stinky linky bags
>>541972490Thanks Glompf
>>541972490>big company "coin"So just another wealth transfer from the taxpayer to kikes with more money than they could ever use then?
>>541975661>Now private companies have been granted the right to issue currencyIt doesn't make a diference if private companies or government institutions are doing it. No one can physically "issue" actual money, which historically was just gold. It's all scam just the same whoever issues their fake tickets.
>>541974951Stop being antisemitic.
Burgers need to fix their industry before jerking off to all this finance stuff desu
>>541987332If your economy is strong then you want your monetary system to be just stable (gold, that is). If you think that you are at a disadvantage then you look for financial shenanigans and pray that they will save your ass. They won't anyway.They're barking at the wrong tree.
>>541972490Scotty trying to run the Treasury like he's trading is not going to end well.He keeps taking positions which is fine in theory but not what your counterparty is the entire planet.
>>541972736Seems pretty retarded.Might be better than everyone storing their wealth in say property though.
