Be forewarned - today we are going down the rabbit hole.
Because it would be irresponsible of me to not use this platform for good.
If you are a subscriber to this newsletter, then you are an entrepreneur and a capitalist. And if you are an entrepreneur and a capitalist, then you believe in the free market.
That said, if you are a subscriber to this platform, and you are not a pro-American capitalist, who believes in the free market, or this newsletter offends you, then please do us all a favor and unsubscribe. (Thnx - management)
a policy or attitude of letting things take their own course, without interfering." a laissez-faire attitude to life"
abstention by governments from interfering in the workings of the free market.
Last week the Federal Reserve launched the very unoriginally named currency exchange/monetary rail system called, "Fed NOW". Which is the Fed's first step in launching the Centralized Bank Digital Currency (CBDC). The FED needs to establish a new banking rail system before it can issue a CBDC. In turn, they can control the flow of money throughout the economy, from bank to bank, and from business to business.
For those of us who have been paying attention for the last 5 years, we could see this was coming. But for those of you saying that this can't happen, my piece of advice is to get your head out from under the rock. We have been moving towards digital currency for the last 13 years.
"You'll own nothing and be happy"
Although there are potential benefits to digital currency.
A centrally controlled digital currency should terrify us.
Personally, I believe that Money should be completely private. Because otherwise, it can, and will, be used as a means to control people.
And if there is anything that we know about the government, when given the opportunity, they will exploit their people.
What does a digital, centrally controlled, currency mean for everyday Americans?
- If I don't agree with the government, they could cut me off
- If I don't spend my money within a certain period of time, they can make that money expire
- They can attach the use of money to a social credit score, and cancel me for dissenting.
Right about now you are probably thinking, this guy is nuts.
But am I?
This is not a conspiracy theory - it is really happening. China is already issuing digital currency with expiration dates (Read More). You may not want to believe it, but history tells a different story.
Those in power, regularly exploit their subjects.
You may also be thinking, not in America, and you would also be mistaken.
Let it be known that we are not operating in a capitalistic free market any longer. The big tech companies and the government are in bed together.
The big Lie
According to the jewishvirtuallibrary.org,
"The original description of the big lie appeared in Mein Kampf. Adolf Hitler applied it to the behavior of Jews rather than as a tactic he advocated. Specifically, he accused Viennese Jews of trying to discredit the Germans’ activities during World War I. Hitler wrote of the Jews’ “unqualified capacity for falsehood” and “that in the big lie there is always a certain force of credibility; because the broad masses of a nation are always more easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily; and thus in the primitive simplicity of their minds they more readily fall victims to the big lie than the small lie, since they themselves often tell small lies in little matters but would be ashamed to resort to large-scale falsehoods. It would never come into their heads to fabricate colossal untruths, and they would not believe that others could have the impudence to distort the truth so infamously. Even though the facts which prove this to be so may be brought clearly to their minds, they will still doubt and waver and will continue to think that there may be some other explanation…. From time immemorial, however, the Jews have known better than any others how falsehood and calumny can be exploited.”
Im just going to call it like I see it. We are being exploited and most of us are asleep at the wheel.
The world is going digital and money is going digital.
And you are not prepared.
The only way to survive such a system is to own digital assets that are not "CENTRALLY" controlled.
And there is only 1 digital monetary system that is owned by the market and not a central controlling body
Once we remove physical money and go completely digital, we validate digital assets like Bitcoin.
Bitcoin vs. Fiat Standard
READ THESE ARTICLES ON BITCOIN
In conclusion, a digital Centralized Currency is on its way. And Some of you might think, how is this any different than what we already have? But this time, they will control the money and the means by which the funds travel from bank to bank, person to person, and business to business. Unless of course we decide to exit the system.
Going Cold, with Digital Gold
In the world of physical money, if you wanted to hide money you would bury it in your backyard, or shove it under a mattress. But in the world of digital, you want to store it off of the internet. But how is that possible?
Share The Wealth of Knowledge
📩 Please share this email with a fellow entrepreneur who needs support. Every time you share, you help us grow.
How did you like today's email?
Let us know what you think so we can continue to improve: