Goodbye US dollar hegemony, it was good knowing you. With the war in Ukraine raging. The globe decided to sanction Russia. One of the biggest kicks in the shorts and warning to the world was .... being kicked off the swift system. No USD trades for you. You go sit in a corner. EVERYONE just woke up or is about to. If the US doesn't like you and wants to punish you, right or wrong. If they bring out the ban hammer on USD trading/commerce ... you are shit out of luck. It wasn't China that broke king dollar .. it was our own arrogance. The US has now convinced the rest of the world that they need to get off the USD addiction. It won't happen today, tomorrow or next month, but soon, we are going to have a bunch of dollars that we exported as inflation to the rest of the world ... come back to roost. I predict more inflation incoming.
U.S. to block Cripto currencies thanks to the Potato in chief's new Executive Order! Way to go Brandon, screw Americans ever more!
Nah, not currently blocking it. the EO basically authorizes investigation into practical use, risk, invention and illicit activities and a few more points. The EO wasn't necessarily bad for crypto. But it hasn't reduced the risk of owning crypto. Which is insane. wanna lose 50 percent in 30 minutes or make 50 percent in a day .. well crypto will run a full heart stress test without drugs or stair climber.
Yeah, I just groaned and cringed when I heard about this, seemed to be very naïve and certainly out of touch to even consider this. You can bet that no matter how the Ukraine war turns out China, Russia, Iran and probably Venezuela will start the ball rolling. This is going to hurt, even if we didn't have record inflation and a national debt.
yall should git outta internet coins right now bitcoin could go from $39,000 to $0.095 within hours or a couple of days da smart thing ta do would be to allow US Citizens plus all US allies to git out of coins den block all coin trades everywhere cuz all da bad folks is usin em to git round sanctions dat is all dem internet coins is gud fer
I'm not sure about that. There are a number of US corporations that are holding it in their capital treasury accounts. Additionally number of high net worth individuals holding those in custodial accounts with brokerage companies. making it illegal .. going to be a tough sell as those folks are the ones that can afford to pay for new laws to be written in their favor.
If you don’t have your keys you don’t own your coin. Get out of all those wallets like coinbase. Your shit will be gone in an instant if Uncle Sugar tells them to lock you down!
If you noticed the antics that went on in Canada with bank accounts a few weeks back, this is reason to have crypto (and an independant wallet). Similarly, if you watched the SHTF in the Ukraine, that's a good reason to have your AR dialed in. Both preps are important with what's coming. ->Not suggesting rolling everything into crypto, just suggesting to have this avenue open.
How about... dialing in your AR and holding PMs, as in physical. No computer code or hacker can get to it. And with a dialed - in AR, anyone else who tries to take it risks becoming coyote food.
Never speak or show your golf clubs , golf balls or metal . Just know where you have it stored , and not in a bank. Canada has had major cash been pulled out and all the metal guys are sold out , so it's order only now after a down payment of 50% . April may June for AU . Just sayin S
Wow, you folks need to order online. All the majors have stock in both Au and Ag. Granted prices aren't nice but they have it.
Ya the Majors who are gouging . MB's are the way in both type listed above , then RCM BARS. Were Good here!! Sloth
dat is a dang gud question .. .. ya cant trade any of dem coins if all da lektronix coin traders is dead or offline .. .. plus yer equipment has been fried by EMP or da grid is down .. .. or if ya lose yer keys .. .. dis aint gud .. .. yall should read dis related article .. .. Inheriting bitcoin is harder than it sounds [ Vox ] dere aint no easy way to do dis right .. .. folks is havin deir coins stolen by deir own family members .. .. plus oder stuff n things .. .. if ya use an online company ta hold it fer ya it will git stolen sooner or later by hax0rz or when da company takes da FRNs [ real $ ] and runs .. .. dis is real bad stuff folks .. ..
if the grid is down, we have a much larger problem than not being able to spend crypto. good bye to all the food in the freezer, no pumping of gas out of underground tanks, all perishible food gone in the stores, no air conditioning if it's summer and if it's winter lots will freeze in short order. No internet, no cell phone, no banks, no lights. It will be an epic collapse of the human race. Money or trade units won't matter.
Krypto Coins, ATM's etc. etc. never work after all the disc's have gone horizonal. Cash is all that works in hurricane alley.
If you can't put your hands on it now ,,, most likely when the world turns to crap ,, you won't be able to then either ,,,, possession is 9/10'ths of the law .