I think this goes far beyond nullifying paper money.
Have you noticed that many, many social media "influencers" - including some with fewer than 20K subs - are sponsored by precious metal merchants urging everyone to convert their 401k retirement funds into gold and silver? Heck, they will even give you up to $10,000 in "free" silver for doing so!
Have we forgotten FDRs EO 6102 in March of 1933 ordering the confiscation of gold in exchange for Federal Reserve Bank Notes?
They didn't know then who was "hoarding" gold. But they do now.
"When buying gold with your 401(k), it's crucial to comply with IRS rules regarding the types of gold that are permissible for investment and the storage requirements.
For example, the gold must be of a certain fineness, and it must be stored in an IRS-approved depository."
Tether stablecoin owns more US Treasury Bonds than Japan and Germany combined. They actually are positioned to one day slide in as the de facto U.S. CBDC. In the potential event the U.S. dollar should crash, Tether’s Bitcoin holdings may be large enough for it to remain solvent.
are these preliminary measures before DOGE dismantles the Federal Reserve and nullifies paper currency?
definitely a trap… same private sector institutions that deny your credit card transaction will also deny your “stable coin” transaction.
also noticed how the “stable coins” are backed with other worthless things that foreigners don’t even want anymore.
will this be a two tier system where we get the junk and they get good stuff?
countdown to carbon credit rationing?
I am led to believe Peter Thiel, possibly Trump's handler, is building the social credit system ... unless it is already in place and ready to go.
I think this goes far beyond nullifying paper money.
Have you noticed that many, many social media "influencers" - including some with fewer than 20K subs - are sponsored by precious metal merchants urging everyone to convert their 401k retirement funds into gold and silver? Heck, they will even give you up to $10,000 in "free" silver for doing so!
Have we forgotten FDRs EO 6102 in March of 1933 ordering the confiscation of gold in exchange for Federal Reserve Bank Notes?
They didn't know then who was "hoarding" gold. But they do now.
https://www.financestrategists.com/retirement-planning/401k/buying-gold-with-your-401k/
Hello Marvin, and thank you for your contributions to helping people raise their awareness.
From the above link:
"When buying gold with your 401(k), it's crucial to comply with IRS rules regarding the types of gold that are permissible for investment and the storage requirements.
For example, the gold must be of a certain fineness, and it must be stored in an IRS-approved depository."
They're 'backdoor spiders' - we have them in Australia. People will get bitten, but won't know until it's too late.
Hello Willy
It certainly appears that way.
Tether stablecoin owns more US Treasury Bonds than Japan and Germany combined. They actually are positioned to one day slide in as the de facto U.S. CBDC. In the potential event the U.S. dollar should crash, Tether’s Bitcoin holdings may be large enough for it to remain solvent.
Thank you. Scalability issues with bitcoin may lead to VISA as an alternative processor, with the possibility of a VISA bank?