In a truly free market, banks would cease to be government-sanctioned Ponzi Schemes and revert to their historical role as independent money warehouses.
Further, anyone could enter the banking business in a free market; you wouldn’t need the approval of the Federal Reserve cartel, as banks do today.
Money is simply supposed to be something useful for storing and exchanging value.
Banks are simply supposed to be money warehouses.
However, that is not how it works today.
Governments have perverted money and banking into tools to control the population.
As the de-banking trend accelerates, there’s never been a time when it’s been riskier NOT to own Bitcoin.
I believe more and more people will discover Bitcoin as the best alternative to the rotten banking system.
In that sense, de-banking is, in fact, a giant advertisement for Bitcoin.
A “lender of last resort” means legalized counterfeiting of the currency to backstop a legalized Ponzi Scheme.
Such a blatant scam would have no place in a free market for money and banking.
The notion of a free market in money is laughable.
We don’t have free market money; we have communist money forced upon us with violence and threats of violence.
In a truly free market for money, people would voluntarily choose whatever was most suitable for storing and exchanging value.
De-banking is another example of how formerly free societies are rapidly descending into high-tech totalitarianism.
The ruling elite—parasites, more accurately—have weaponized the banking system to enforce conformity to their preferred narrative.
For every Nigel Farage there are probably hundreds—or thousands—of other ordinary people likely receive the same despicable treatment but are never heard from.
“Misinformation” is a vague propaganda term.
It really means “information the people in charge don’t want you to know because they’re afraid you will come to a conclusion they don’t like.”
De-Banked: It’s Only a Matter of Time Before It Happens to You
Explore the disturbing trend of de-banking, how governments and elites are using it to control narratives, and discover a revolutionary alternative to safeguard your financial freedom.
It’s no coincidence that the worst year ever for US Treasuries also saw the highest central bank gold buying spree in over 55 years.
Only prudent to expect:
1. The media to ramp up its propaganda and gaslighting on inflation.
2. The government to change how it calculates inflation.
3. The Fed to raise its official inflation target from 2% to 3% or higher.
4. Publishing inflation stats other than the crooked CPI to be deemed illegal "disinformation."
5. Capital controls
6. Mandates and regulations to corral more people into Treasuries.
https://financialunderground.com/articles/turn-tables-on-financial-repression/
The US government will use financial repression to debase the currency in a controlled fashion, though it could spiral into out-of-control inflation.
https://financialunderground.com/articles/turn-tables-on-financial-repression/
What will the Bitcoin supply be in 5 years?
20,361,265
What will the Ethereum supply be in 5 years?
????
Much of the value stored in the $133 trillion global bond market will move elsewhere...
Either voluntarily to superior store-of-value assets or involuntarily to bankrupt governments and their cronies as they accelerate the largest wealth transfer in history.
That is the Big Picture most people don’t understand… yet.
Did you know that 2022 was the WORST year for US Treasuries in American history?
It should forever end the ridiculous—yet pervasive—delusion that Treasuries are “risk-free.”
The Collapse of the ‘Risk-Free’ Delusion: Implications for the $133 Trillion Bond Market
“Let me explain. This is my daughter. I’m willing to marry her off, but only to a man that values her more than I value her.”
That’s what MicroStrategy executive chairman and co-founder nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m told the potential buyer of his voice.com domain.
Saylor would eventually sell voice.com for $30 million, a record for the highest price ever paid for a domain name.
It’s an incredible story that few people have heard…
“Let me explain. This is my daughter. I’m willing to marry her off, but only to a man that values her more than I value her.”
That’s what MicroStrategy executive chairman and co-founder nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m told the potential buyer of his voice. com domain.
Saylor would eventually sell voice. com for $30 million, a record for the highest price ever paid for a domain name.
It’s an incredible story that few people have heard…
Bitcoin2 is actually a Proof-of-Stake fork of Bitcoin....
I hope they go for it! Will be hilarious
I wouldn't worry too much about BlackRock trying to make an ESG Bitcoin.
Even if they were foolish enough to do so, I doubt it would be more successful than Bcash.
What are the pros/cons compared to Phoenix Wallet?
Any country can turn into a Venezuela—or worse—faster than most can imagine or prepare for.
A second passport gives you the legal right to live and work elsewhere.
It guarantees you won’t have to live like a refugee if you can get out of Dodge.
https://financialunderground.com/articles/the-top-7-reasons-why-you-need-a-second-passport-today/
Before World War I, you didn’t need a passport to travel internationally.
It was a self-evident truth that a sovereign individual could travel anywhere he wanted without asking for anyone’s permission.
Unfortunately, that’s not how travel works today.
https://financialunderground.com/articles/the-top-7-reasons-why-you-need-a-second-passport-today/
Instead of an inalienable right, governments treat travel as a special privilege they grant the plebs that can be taken away if they misbehave—much like how an adult treats a child’s request to go to a friend’s house.
https://financialunderground.com/articles/the-top-7-reasons-why-you-need-a-second-passport-today/
Obtaining a second passport is fundamental to freeing yourself from absolute dependence on any country.
Once you have that freedom, it’s much harder for any government to coerce you or control your destiny.
https://financialunderground.com/articles/the-top-7-reasons-why-you-need-a-second-passport-today/
Is there a compelling publicly-traded hydrocarbon company in North America that is not government owned, not woke, and not onboard with the carbon hysteria?
An over-rated shitcoiner making an attention seeking ploy. Ignore.