Goodbye US dollar hegemony ..

Discussion in 'Financial Cents' started by VisuTrac, Mar 10, 2022.


  1. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    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.

    c531ffef3d680283264f7365703a7a8a.

    I predict more inflation incoming.
     
  2. johnbb

    johnbb Monkey+++

    Hyperinflation is just around the corner ----will we be Germany after WW I ------good possibility
     
    Last edited: Mar 10, 2022
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  3. Ura-Ki

    Ura-Ki Grampa Monkey

    U.S. to block Cripto currencies thanks to the Potato in chief's new Executive Order! Way to go Brandon, screw Americans ever more!
     
  4. sec_monkey

    sec_monkey SM Security Administrator


    tried to warn ya years ago
     
  5. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    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.
     
  6. Bandit99

    Bandit99 Monkey+++ Site Supporter+

    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.
     
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  7. sec_monkey

    sec_monkey SM Security Administrator

    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
     
    Last edited: Mar 10, 2022
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  8. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    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.
     
  9. Gator 45/70

    Gator 45/70 Monkey+++

    I dont have a donkey in this crypto game but good luck to those that do.
     
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  10. mysterymet

    mysterymet Monkey+++

    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!
     
  11. CraftyMofo

    CraftyMofo Monkey+++

    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.
     
  12. Altoidfishfins

    Altoidfishfins Monkey+++ Site Supporter+

    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.
     
  13. Cruisin Sloth

    Cruisin Sloth Special & Slow

    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
     
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  14. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    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.
     
    Gator 45/70 likes this.
  15. Cruisin Sloth

    Cruisin Sloth Special & Slow

    Ya the Majors who are gouging .
    MB's are the way in both type listed above , then RCM BARS.
    Were Good here!!
    Sloth
     
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  16. arleigh

    arleigh Goophy monkey

    If the grid is down what good is cryptocurrency?
     
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  17. sec_monkey

    sec_monkey SM Security Administrator

    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 .. ..
     
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  18. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    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.
     
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  19. Gator 45/70

    Gator 45/70 Monkey+++

    Krypto Coins, ATM's etc. etc. never work after all the disc's have gone horizonal.
    Cash is all that works in hurricane alley.
     
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  20. SB21

    SB21 Monkey+++

    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 .
     
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