Tanks In Front Of Banks
China is precursor to the World Economic Forum's goals
(Listen to audio version of me reading👆)
Your deposits are not legally yours. The bank can basically do whatever it pleases with your cash:
According to Jim Rickards we did the opposite: we repealed Glass-Steagall and allowed banks to become hedge funds, repealed SWAPS regulation (allowing banks to create derivatives), and implemented Basel II allowing banks to use ever more leverage.
This is already happening here but in a digital form invisible to your eye.
I have consistently stated that the most interesting thing about bitcoin has nothing to do with the price.
The properties bitcoin contains and what it teaches people about money, freedom, politics, global affairs, monetary history, etc., are easily some of the most incredible aspects of the net work.
From proof of work mining, to stabilizing energy grids, and capturing stranded energy or pollution, there are limitless things you could talk about with bitcoin.
However, the recent events in Canada earlier this year or Ukraine shortly there after than the Dutch farmers now and Sri Lanka and runs on Chinese banks where tanks had to rumble in just to protect the elites shows you the importance of a non-sovereign money in the hands of the people.
Four years ago Robert Kiyosaki wrote a book called FAKE: Fake Money, Fake Teachers, Fake Assets.
He called fiat currency government money. Bitcoin is people’s money. Gold is God’s money.
Fiat currency is made up and controlled by governments and the elites. It is nothing but a confidence game. If the confidence in that currency, or enough people leave the net work tomorrow, then it is worth nothing but the paper it is printed on.
Gold is God’s money because it has value and it is an element put here when the earth was formed by God and was used as money for thousands of years by our ancestors.
Bitcoin is the people’s money because it’s run by math and code by people decentralized all around the world. No one can change it and no one can do anything to take it from you.
As we come to the end of monetary systems and transition to new ones, historically there has been great civil unrest.
Usually it’s capped off by physical hot war.
We already are seeing that around the world plus dictators being toppled and palaces physically overrun and at the very least protest in the streets all over the world.
Can any person say they think tomorrow it’s going to going to get radically better?
If you say yes then Godspeed.
If your answer is no then like mine, let’s start preparing now.
We spend our time working and away from our families trading our time for money. The most taxed form of money (ordinary income.)
Passive income or capital gains are taxed much less. Maybe a focus towards those areas will give us more of our time back?
If that’s not possible then maybe stocking the pantry and stocking the shelves of food and water and energy sources. Maybe some self-defense items or at the very least transferring some of your fiat currency into the people’s money or into God’s money? Immutable money with no counter-party risk.
No tanks can roll in and take it from you or shut off your Crypto account at Coinbase or Fidelity stock trading account or your bank account at Bank of America or Chase.
Remember, just 12 years ago in the last crash we had many investment firms and multiple banks and insurance companies go down.
How soon we humans forget that bail outs, loss of money, bail-ins are a common place in the human lifecycle.
We are not immune and let’s not be so privileged to think that just because we live in a “civilized world” and live in America it can’t happen to us…
This is the very reason that I own bitcoin. 12 to 24 words in my head that I can take anywhere in the universe and still have billions of dollars on me.
Governments and men can do nothing about that.
Non one to steal my economic time and energy just because “they want to,” or because of some other made up claim.
The more people that hold bitcoin and keep it in their cold storage wallet, the more power leaks away from the elite ruling class.
This is the most interesting aspect about bitcoin; F-U money.
“Not your keys not your coins.”
Stay strong,
Brandon