40 Comments
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Argiem's avatar

Does the Fed want bitcoin? If not, how does that square up with Trump backing it?

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Aj's avatar

Excellent question. I suspect that Bitcoin was created by the Federal Reserve as a test pilot program to ensure that the blockchain technology worked before the rollout of CBDC’s.

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Argiem's avatar

Could bitcoin be the gateway drug for CBDC?

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James Morris's avatar

Yes, but bitcoin is decentralized, so how does that favor the federal f...iiiing... reserve!

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Aj's avatar

Ultimately, Bitcoin will be illegal once FedCoin is released.

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Polino's avatar

Trump will say anything to get elected. He and the Fed will eliminate bitcoin because it's a threat to the Fed’s order of things. Trump and the Fed are about control. Bitcoin/blockchain are about anti-control and decentralization. Trump the Feds and the Elites will eventually make Bitcoin illegal. THE EXCUSE WILL BE THAT IT'S A REFUGE FOR THE THE BLACK MARKET AND INTERNATIONAL REPOSITORY OF CONTRABAND FUNDS WITH NO BORDERS. CBDC AWAITS ALL OF US! CASH OUT OF BITCOIN WHILE YOU CAN.

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Argiem's avatar

Paul,

Thanks for your reply.

I am not a bitcoin advocate. That said, I have added some to my portfolio. I'd like to see where it goes. My bet is on some short term gains. Luckily, I can afford to lose it if it goes south. Diversification is the key to market success. At least in my case.

I trust no one. Least of all government politicians or banksters. In reality ,paying attention to what they lie about can lead in the direction of profits.

Best regards.

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BooBoo's avatar

Wake Up you Brain Washed American!

The Fed does not want bitcoin and Trump is not backing bitcoin...

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Polino's avatar

BooBoo, I agree! If Yogi were here he'd agree too. Once Trump becomes President he'll introduce the CBDC.That will spell the death knell to BitCoins which have no bond/treasury backing, no gold or silver backing or any kind of backing. It's based on ficticious "Cyber Air" with no intrinsic asset value. None!

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Argiem's avatar

Its unanimous ! Cartoon characters agree.

Unfortunately, consensus is proof of nothing.

Do you, Paul, have a source for your feelings on the subject? I do not recall Trump saying anything about implementing CBDC.

Here is some evidence contrary to your position..........

https://www.forbes.com/sites/jasonbrett/2024/01/25/digital-dollar-project-responds-to-trumps-new-cbdc-campaign-plank/

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BooBoo's avatar

WOW!

Yes you are a dumbed down brain washed America.

You really believe in what any corrupt lying politician tells you?

And you must of believed in George Bush about the big lie of WOMD in Iraq...Sad

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Argiem's avatar

Thats nice. Care to back up your position with some evidence? I did.

I never said anything about my beliefs btw.

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BooBoo's avatar

And you think what comes out of a politicians mouth is evidence....LMFAO...

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Argiem's avatar

And yet, you can provide no evidence to the contrary yourself.

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Argiem's avatar

Trump is on record saying he is against CBDC and he is for Bitcoin. Also, he is anti-war.

The Fed is for CBDC, against Bitcoin and pro-war.

If the central banks rule us, it stands to reason that Donald Trump will not be president.

Speculation is the central bank pulled that trigger on Trump. Just like they did Kennedy.

Why would the central bank select Donald Trump?

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trumpHELL666's avatar

Using the measured move, Bitcoin is going to $135k

Bitcoin daily Chart:

https://docs.google.com/document/d/1gTD_knczZj9m9a9GDQ3mDdU5O2YOHh1kKJHvuKAzLXo/edit?usp=sharing

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Doug Youngman's avatar

..... are we to believe the debt-buyers (central bank holier than thou "exempt" ones) aren't loading-up on bottom-basement metals prices? .... or does that happen when they rape/rob and pillage using the war machine racket - stealing treasuries of conquered nations? Bad for sound money - good for hodlers and inflation speculators.. So, Trump is good for gold? Or is the promise a facade and delivery a lie?

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BooBoo's avatar

99% of Politicians deliver a lie = Fact

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Argiem's avatar

Everybody lies.

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Doug Youngman's avatar

.... ain't no way to hide Janet's lyin' eyes.

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James Morris's avatar

The fed definitely doesn't want bitcoin and they will fight to the end against gold and silver!

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Vike's avatar

GM missed one quote, "The one aim of these financiers is world control by the creation of inextinguishable debts."

Henry Ford

This excerpt from 'Atlas Shrugged' says the same thing;

Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: ‘Account overdrawn.

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Bob Fitzwilson's avatar

Outstanding. You’re doing your best. Ignore the insults.

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John Taylor's avatar

Great call Greg just reinforced the term involuntary servitude! I need some help finding the original doc for the below if anyone has the capability:

NON RESIDENT PDF...***PG 375 https://sedm.org/Exhibits/ExhibitIndex.htm1.2 GORSUCH 2.012

Supreme Court Justice Neil Gorsuch Admits "The People are sovereign, not a class" and that we have no kings” …..during his 2017 confirmation hearing in the U.S. Senate. “Shows that Americans born in and living in states of the Union do not live in the "United States" within the meaning of the I.R.C.”

“It is elementary that each state may determine the status of its own citizens. Milner v. Gatlin [139 Ga. 109, 76 S.E. 860] supra. The law that governs the status of any individual is the law of his legal situs, [political], that is, the law of his domicile. Minor, supra [139 Ga.] at page 131 [76 S.E. 860.] At least this jurisdictional fact—dominion over the legal situs must be present before a court can presume to adjudicate a status, and in cases involving the custody of children it is usually essential that their actual situs as well be within the jurisdiction of the courtbefore its decree will be accorded extraterritorial recognition.”

[Boor v. Boor, 241 Iowa 973, 43 N.W.2d. 155 (Iowa, 1950)

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WEST ASIAN UNITY's avatar

Henry Ford wasn’t afraid to call out Jewish power. We shouldn’t be afraid to call it out either.

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Argiem's avatar

It's not Jewish. It's Zionist.

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WEST ASIAN UNITY's avatar

Really, last I checked, Henry Ford didn’t call his book the International Zionist. He called it the International Jew, because he knew who the enemy was. If you want to indulge in the stale fairytale that Zionism is not Judaism, then be my guest.

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WEST ASIAN UNITY's avatar

As long as you don’t try to bog down the discussion with pointless semantics. The Jews are the people who follow the Torah, Talmud and Tanakh/Old Testament. In their own writings they talk endlessly about how they hate the Gentiles and how we should be their slaves. Ever hear of the Noahide Laws?

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Argiem's avatar

Zionism is not religious nor does it support Judaism. It does however, use Religion to further its agenda. Christianity is a good example of that.

The term jew must be defined before any good can come of a dialog.

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WEST ASIAN UNITY's avatar

Fine, let’s define Jews as people who follow the Torah and Talmud. Fair enough?

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Argiem's avatar

Not really, no. Some follow one or the other. Some only follow Torah and not the Tanakh. Some call Jews people who live in Israel but many are not Jewish. What about the Palestinian Israeli citizens you never hear about that fight for the IDF? We will have to narrow it down.

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WEST ASIAN UNITY's avatar

You just want to cherry pick and conflate the issue

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Argiem's avatar

I'd be happy to discuss it in a civil manner if you would like.

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trumpHELL666's avatar

Oh, so some trump-voters unsubscribed? Well, I kinda feel like bitchin' and complainin' about you myself. Why? Because you told the truth about trump? No. Then why will I sit here and bitch and complain?

Just for the hell of it. Eeeeeeeeeeeeeehehehheehehheheheheeeeee! 🤣 🤣 🤣

Boo-Hoo! 😢 😢 😢 WHY are you talking bad about trump Greg? Oh why oh why are you hurting my poor widdo feewins dis way? 😭 😭 Waaaa! Waaaaa! 😥 🍼 There's my bottle. Now I need some baby food and a bib.

Hahahahahahahahahahahaaaaa! Heeeeheheheheheheheheeeee! Ackackackackaaaack! 😂 🤣

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Henry Konkel's avatar

Greg, I am a Trump fan also, however I dont get offended by what you say about him.

I dont fully trust ANY politician!

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Ray H's avatar

Glasgow Financial Alliance for net zero was created by Mark Carney and Mike Bloomberg which somehow the UN decided were the best people for the job of saving the planet. They're in charge of climate finance for the UN. The stop and frisk New York mayor billionaire from Solomon Brothers, Mike Bloomberg. The former head of the Bank of England and Bank of Canada and former Goldman Sachs guy Mark Carney. That's who saving the planet for the UN. They're the ones reimagining the whole multilateral development banking system and part of this involves the carbon market play where the World Bank along with Google and some other actors are developing climate wallets. It's designed to run on the Chia Network which is the guy that invented BitTorrent. (BitTorrent is a leading software company with popular torrent client software for Windows, Mac, Android, for peer-to-peer file sharing (P2P), which enables users to distribute data and electronic files over the Internet in a decentralized manner.)

His new project,.they claim is like a net zero blockchain. The idea of it is for people to participate in the carbon market and being able to monetize nature. There's a lot going on with carbon credits and carbon markets right now and it's a very murky legal area. There's this relatively unexplored issue of so-called carbon rights where the person that buys the carbon credit can get rights to the carbon in the forest the credit represents. So I buy a carbon credit in the Colombian rainforest and now I am potentially the owner of the carbon in those trees so I can decide what happens to that carbon and the people that actually own the land like the Colombians, potentially they don't necessarily own it anymore, This is a murky gray area and it's opening the way up to some land grabs in the global south.

There's a lot of very disturbing things happening in carbon market land and under the idea of reducing CO2 levels. It is being criticized by people on the left and the right and it's been revealed that up to 90% of all carbon credits on the market right now are completely worthless and meaningless. So it's basically like the junk bond scandal of the 1980s all over again.

And what's interesting is that the person that invented the carbon markets and carbon credit trading is Richard Sander who worked at Drexel Burnham Lambert the junk bond scandal Bank of the 1980s. He was the senior vice president until he was brought in by the George Bush Senior administration to apply free markets to environmental issues for Bush seniors EPA. And then he was contacted by a Rockefeller oligarch who was at the UN named Marie Strong to develop the same solution for carbon. He is also the father of derivatives of financial futures which of course helped explode the financial system in 2008. So the guy that invented all of that is the guy that invented carbon credit trading and he also wants to make a market just like that for free water and free air so you will be taxed on that too.

More: 15 minutes

https://youtu.be/x5QqzIGGRwU?si=GbsoF01kgEYmLEIF

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Randy Best's avatar

These people are sinister.

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Adrian's avatar

Nothing matters except this👉HR8421 BILL TO ABOLISH THE FEDERAL RESERVE👈PASS THIS BILL LIKE ITS 1776. TAKE OUT THE TROJAN HORSE. https://massie.house.gov/news/documentsingle.aspx?DocumentID=395644

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