Reminded once again why I don’t fly @FlyFrontier. No update via the app, text or email to say the flight was delayed an hour. Finally arrive in Dallas and we’re told there’s congestion at the gate and it’ll be at least an hour before we can pull up. Should have flown @Delta. 🤦🏻♂️
#Suretybonds play a crucial role in #cryptoregulation. Learn what they are, their significance, and more in this interview with crypto surety bond pioneer, Brian Nelson @oppcreator.
Read here: https://t.co/jZ7EJd0Qjb
#BitAMLblog
#Suretybonds play a crucial role in #cryptoregulation. Learn what they are, their significance, and more in this interview with crypto surety bond pioneer, Brian Nelson @oppcreator.
Read here: https://t.co/jZ7EJd0Qjb
#BitAMLblog
The claim that FedNow is not the first step toward a CBDC would be more easily digestible were we not aware of the Biden administration’s steady barrage of hostile broadsides against cryptocurrencies.
Between 2008-22, the Fed partnered with a handful of big banks to print $10 trillion-ten centuries of wealth in 15 years — a bonanza for the Banksters.
Cryptocurrencies like Bitcoin give the public an escape route from the splatter zone when this bubble invariably bursts. So the White House is colluding with the banksters to keep us all trapped in the bubble of profiteering and control.
In his Feb. 8 post on Pirate Wires, Nic Carter @nic_carter describes how the White House has organized bankers to participate in a sophisticated, widespread crackdown to destroy the crypto industry. Carter describes 15 incidents where President Biden has weaponized FDIC, OCC + DOJ to force crypto-friendly banks to close their doors to crypto firms since Dec. 3. The recent crackdown on crypto blocks exit ramps, removes alternative rails, and strengthens government control over both the financial and political systems.
We should be wary since CBDCs are the ultimate mechanisms for social surveillance and control. As Balaji Srinivasan @balajis says, “The distinction between FedNow and a CBDC is important from a technical standpoint, but not from a civil liberties standpoint.” Balaji compares FedNow to “a virus that has evolved to evade recognition by changing its sequence without really changing its function."
Truth! And the Fed will now be competing directly with financial institutions and FinTechs. It’s not a slippery slope, it’s a free fall without a parachute.
The Fed just announced it will introduce its “FedNow” Central Bank Digital Currency (CBDC) in July. CBDCs grease the slippery slope to financial slavery and political tyranny.
While cash transactions are anonymous, a #CBDC will allow the government to surveil all our private financial affairs. The central bank will have the power to enforce dollar limits on our transactions restricting where you can send money, where you can spend it, and when money expires.
A CBDC tied to digital ID and social credit score will allow the government to freeze your assets or limit your spending to approved vendors if you fail to comply with arbitrary diktats, i.e. vaccine mandates.
The Fed will initially limit its CBDC to interbank transactions but we should not be blind to the obvious danger that this is the first step in banning and seizing bitcoin as the Treasury did with gold 90 years ago today in 1933.
Watch as governments, which never let a good crisis go to waste, use Covid-19 and the banking crisis to usher in a new wave of CBDCs as a safe haven from germ-laden paper currencies or as protection against bank runs.
https://t.co/Ncmq3tWjz6
Exciting from yesterday’s @_CryptoConnect_ board meeting!
- Starting monthly webinars! The first will be late May
- Event at Consensus
- Our 20 city chapter events will be in July and August
Happy Friday 🎉
I have the hook up for an exclusive after party hosted by @NFTgleeofficial and sponsored by @TradeStation at the incomparable @thetemplehouse🔥
Amazing food, NFT drops, surprise guests, cigar rolling, open bar and more.
Request an invite here: https://t.co/k4mk8HfZXe
Really excited to announce today @_CryptoConnect_ is expanding to 8 more US cities! 🔥
Sign up: https://t.co/CY4nEiaRqe
Boston
Charlotte
Houston
Las Vegas
Orlando
Sacramento
Salt Lake City
San Antonio