The Deep State will be installing a Social Credit system here in the next 5-10 years. That will follow the abolition of cash and crypto in favor of digital currency (CBDC).
Note well: CBDC is not a "democrat" nor "republican" idea. It is that of the Deep State (the Totalitarian/Security state) and will be pushed by both parties, (if you're dumb enough to believe that there are actually two parties.)
Sundance has the origin-story here.
Just as the primary objective of the Patriot Act was to establish continual and pervasive monitoring of US citizens, (NOT tracking foreign terrorists, which is a distant second place), the establishment of a Western bank-based "digital SWIFT" had nothing to do with sanctioning Russia. It has everything to do with setting up the field for the US CBDC conversion.
That's why Dimon is so forceful about eradicating crypto. Crypto users (like cash users) cannot be tracked, nor monitored; thus "social credit" schemes are pointless.
We'd tell you that Sundance wears a tinfoil hat, except that everything else he predicted happened. IOW, it's not a "theory." It's a "fact."
2 comments:
Crypto users (like cash users) cannot be tracked, nor monitored; thus "social credit" schemes are pointless.
That's one of the claims the crypto guys like to make, but it's not really true. In fact by its nature crypto preserves an explicit record of transactions; that's how it works, since there's not a physical thing like cash that you can put somewhere. It took a while for people to figure out how to track it, but it's quite trackable.
https://arstechnica.com/features/2024/01/how-a-27-year-old-busted-the-myth-of-bitcoins-anonymity/
Cash and barter are the only options if you don't want to be tracked.
........which is why cash must be eliminated.
Barter ain't so easy.
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