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Re: bigworld post# 754

Tuesday, 05/10/2022 12:41:44 AM

Tuesday, May 10, 2022 12:41:44 AM

Post# of 2588
Bigworld, The Bitcoin chart actually looks a lot like the silver chart right now. Both had a big runup, silver in mid-2020, and Bitcoin in early 2021. Since then they both have been in a prolonged sideways consolidation. and now both are sitting (teetering) at key support.

Personally I wouldn't mess with Bitcoin. With the CBDCs coming, it will probably end up being banned at some point, as happened in China. In the coming system, each country will have a CBDC controlled by the central bank, which will function as their domestic local currency. This will provide massive behavioral control over the population, when combined with a social credit score system.

But the big question is what will be the system for international trade and central bank reserves? Will the national CBDC's gradually merge and become regionalized, like the Euro, and together become the new global currency system? Or will that reserve role be held by the SDRs of the IMF, in the aftermath of a global financial crisis and IMF bailout of the world?

With countries like Russia and China building their own non-dollar systems, how long before the dollar reserve system is no longer dominant? What desperate measures will the US/Western finance cabal have to take in order to stay on top, and is that even possible? Lots of questions.

Rickards had a very disturbing presentation back in 2016 (link below) where he outlined the globalist's plan to deliberately cause a financial crisis in order to bring in their desired new paradigm. Will such a scenario be the only recourse left for a desperate Western finance cartel facing its own demise?





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