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TLDW? Basically, they want to make sure you have absolutely no privacy and they want to be able to rip you off at will.

It's simple, absolute power and control. Cash will be a thing of the past. It doesn't take much to see all of that.

kwg
Whitney Webb scares the daylights out of me. I do feel some confidence in the sheer ineptitude of government, and degenerate bureaucracies in general, to trip themselves up with their own mendacity. Using cash much more frequently. Just to show them!
Blackrock’s CEO wants this for Tokenization of all financial transactions via Blockchain such that nothing is lost or hidden in exchanges of money and all of it traceable from source to source.

Larry wants this, ostensibly, for “the conveniences of bank to bank transfers and the monetary savings from the process “.
If I researched Blackrock's owners/top people background/ancestors/religion what would I find
She's spot on, as usual.
And 95% of America wouldn't know what you're talking about if you mentioned ; > fiat money is going to end , bitcoin style money system will replace it - what are your thoughts on this? Uhh haha whut?
The thing about Bitcoin is that it is custom-made for this sort of thing. The blockchain (history record) is entirely public and traceable. The only crypto currencies I'd even begin to consider are the so-called "privacy coins" that have the blockchain encrypted.

However, IMO, cryptos are all designed to make a few very wealthy by sucking up everyone else's wealth through the transaction fees.
Like it or not Tokenization is coming and sooner than later. How much it affects people down to our level is yet to be seen. The Treasury has already put forth the protocols for digital currency use and exchange. It will be via Blockchain.

China has a digitized version of the RMB and is conducting intra country exchanges by Chinese companies. Much of their reasoning for using Blockchain is to root out graft and corruption so rampant within the country,
Originally Posted by ol_mike
And 95% of America wouldn't know what you're talking about if you mentioned ; > fiat money is going to end , bitcoin style money system will replace it - what are your thoughts on this? Uhh haha whut?


That's the truth. The public has been fuqked over for a long time, fiat currency/money only benefits those that get to create new money and use it first.

Its all good, the market gained back most of the losses from the day before.......
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