Central Banks Prepare For The Collapse By Creating A Database Of Who Owes What - Episode 1567a

in #cryptocurrency6 years ago

Banks are now turning towards blockchain technology. HSBC completes its first trade-finance using blockchain. NYSE plans to settle bitcoin futures using physical bitcoins instead of fiat currency. St. Louis Fed says cryptocurrency is not currency, it is backed by nothing, and whats the dollar backed by. The elite are now hoarding bitcoin in underground vaults, they are keeping their private keys in storage, plus keeping their bitcoins in offline wallets. Argentina continues to collapse. The IMF is now preparing for the collapse of the global economy, they are now creating a database going back to 1950 of who owes what debt.

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There is no "blockchain technology" without it being decentralized and distributed. Blockchain alone is no different than a paper ledger.

I seriously hope people don't fall into the "Oh, it's a blockchain so it's secure" crap.

Looked forward to this all Day! Thanks for the info Dave!!!! Cheers!

Been waiting for the report! Nice one... Cheers!

Thank You Dave, Good report.

Karen Hudes points out the FACT that 'they' - the central banking system - OWES US a great deal more than we owe them ........... they owe us all the gold etc they literally stole from us PLUS THE INTEREST ON THAT WEALTH.

I'm at some great loss to understand why few if any of the alts such as your otherwise most esteemed self, Dave, pay absolutely no attention to these FACTS - FULLY DOCUMENTED FACTS ... which you can check out at Karen's web site.

At some point CB will be nationalized. Then Gov will print more worthless fiat to pay the now powerless moneychangers. Then they will issue a new currency and each person will be allocated same amount as how much income tax they paid in their life time and the old fiat ditched. Problem solved.
A repeat of the British silver ;> </sarcaism off>

Great info. Thank you.

They’re still pushing to take our guns away here in COMMUNIST Illinois the great gatekeeper senator DICK DURBIN passed more unconstitutional laws while the state spirals into financial collapse . The race is ON between taking us to war and the financial collapse .

The dollar is a debt based currency. As for Bit Coin and other Crypto while nothing backs it except that we make it valuable (same as any currency) it is not created because of debt which is the only way the dollar can be created.

If we decided that seashells is of value guess what -Seashells will become currency. The people have total power of deciding what is valuable and what is not.

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