Thursday, November 21, 2024

Russia Will Begin Testing A Digital Currency Next Month

by Mac Slavo, SHTF Plan:

Russian rulers have outlined their rules for a digital ruble. Testing of the new central bank digital currency (CBDC) with clients will reportedly begin next month.

Russia’s central bank published draft regulations for the use of a digital ruble on Wednesday, as it prepares to launch testing of the new currency with clients. The draft sets out rules for transactions between the Bank of Russia, as the operator of the digital ruble platform, and the system’s users, according to a statement on the bank’s website.

COLLAPSE & NEW MONETARY ORDER INCOMING — ANDY SCHECTMAN

from SGT Report:

President of Miles Franklin and friend of SGT Report returns to discuss the collapse of fiat currencies around the globe, and the rise of silver, gold and Bitcoin.

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Are El Salvador’s Sovereign Bonds The New Bitcoin?

by Chris Menahan, Information Liberation:

Capital is flooding into El Salvador thanks to President Nayib Bukele’s hugely successful crackdown on gangs.

From Reuters, “Move over, bitcoin: El Salvador sovereign bonds not done rallying”:

NEW YORK, July 19 (Reuters) – Investors in El Salvador international bonds are relishing 60% returns this year alone as debt issued by the Central American country recovers from calls of doom and default, with some betting the rally is not quite over yet.

Unification Of CBDCs? Global Banks Are Telling Us The End Of The Dollar System Is Near

by Brandon Smith, Alt Market:

World reserve status allows for amazing latitude in terms of monetary policy. The Federal Reserve understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The dollar’s petro-status also makes it essential for trading oil globally. This means that the central bank of the US has been able to create fiat currency from thin air to a far higher degree than any other central bank on the planet while avoiding the immediate effects of hyperinflation.

THE BITCOIN BLACK HOLE

from SGT Report:

Bitcoin may well prove to be the only black hole perfectly suited to mop up the tens of trillions of fiat currency sloshing around the world. And not just fiat Dollars. Yen, Rupees, Lira, Yuan and every other rapidly debasing currency around the world is ready to flee into Bitcoin. Peter Schiff has been wrong about Bitcoin for 14 years, but he continues to be unrelenting in his hatred for the asset. I discuss the supply demand metrics and why I think Schiff will continue to be wrong with the President of My Digital Money Guy Goslak. https://www.mydigitalmoney.com/

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GREAT RESET: Burger King FAILS! – They’re PREPARING For Government Food Rations!

from World Alternative Media:

TRUTH LIVES on at https://sgtreport.tv/

INDIANA OUTLAWS CENTRAL BANK DIGITAL CURRENCY

by Joseph P. Farrell, Giza Death Star:

This article comes from one of our regular article-sifters-and-sharers, and it’s more grist for the mill as you consider what is behind the moves of so many states to pass various currency laws.  Last week, for example, I offered a cautionary caveat on Texas’s recent bills regarding the “backing” of digital “currencies” with gold or silver, and their apparent “convertibility.” My caveat remains what it was: if you’re going to have truly convertible digital currency with silver and gold backing, then certificates of deposit that one can carry in one’s wallet – we know them as gold and silver certificates – must be issued and useable as currency.  Otherwise, I smell a plot simply to hook people on digital and cashlessness via the hook of “bullion backed.” Colour me a curmudgeon, because I’m not buying.

What Will CBDCs Mean for Gold?

by Peter Schiff, Schiff Gold:

With the eventual introduction of central bank digital currency (CBDCs) now seemingly inevitable, there are a lot of directions central banks could take with their digital currency projects that would have dramatic implications for the price of gold.

Touted for their “convenience” and “efficiency,” the endgame of digital currencies is not only achieving greater power over the currency but also a means of surveilling and micromanaging the personal finances of each individual. Owe taxes or a parking ticket? It could be automatically deducted. Does the Fed think it needs to cool inflation? Deduct money straight from people’s accounts, or impose a daily spending limit. The possibilities for control and profit are endless, and too tempting for control freak bureaucracies and amoral tech companies to ignore.

BREAKING: MAX KEISER WARNS THE END OF THE DOLLAR IS NEAR, PLUS EL SALVADOR IS THE NEW AMERICA

from BANNED.VIDEO:

TRUTH LIVES on at https://sgtreport.tv/

Gary Gensler’s Bitcoin ETF position is ‘inconsistent’… says Gary Gensler

by Jesse Coghlan, Coin Telegraph:

During a panel at the 2019 MIT Bitcoin Expo, Gensler called out the securities regulator for its “inconsistent” approach to spot Bitcoin ETF approvals.

Gary Gensler once criticized the United States securities regulator for its “inconsistent” approach to spot Bitcoin

The video clip, which has recently made the rounds again on social media, shows the pre-SEC Gensler discussing blockchain regulation at the 2019 MIT Bitcoin Expo in a fireside chat with United States Securities and Exchange Commission Commissioner Hester Peirce.

ONLY CBDC’s & SLAVERY FOR THE SERFS! — Lior Gantz

from SGT Report:

Lior Gantz returns to SGT Report to discuss US debt load and the end of global hegemony, silver & gold suppression and much more. Thanks for tuning in! And stay tuned top SGT Report, MUCH MORE to come in the weeks ahead.

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BREAKING: Bitcoin Has Conquered The World! Led By President Trump, Major Governments Of The Planet Are Committing To The Cryptocurrency

from The Alex Jones Show:

TRUTH LIVES on at https://sgtreport.tv/

Getting Jacked and Connected To Survive and Prosper During The Apocalypse

from DollarVigilante:

TRUTH LIVES on at https://sgtreport.tv/

Record Highs: Unprecedented Surge in Gold and Bitcoin Prices with Craig Hemke

by Kerry Lutz, Financial Survival Network:

In this video, Craig Hemke and I delve into the recent unprecedented surge in the prices of gold and Bitcoin, analyzing the factors contributing to their record highs. We explore the economic, geopolitical, and market dynamics driving investors towards these assets as safe havens and speculative investments. Our discussion covers the impact of inflation, interest rate changes, and global uncertainties on the appeal of gold and the digital gold, Bitcoin. Craig provides his insights into the sustainability of these price levels, potential future movements, and strategies for investors navigating this volatile landscape. We also examine the broader implications of these price increases on the economy, traditional investments, and the emerging digital currency market. Whether you’re a seasoned investor or just curious about the recent hype, this video offers valuable perspectives on the shifting tides of global finance.

Brazil’s CBDC Allows Government To Freeze Funds, Developer Discovers

by Christina Maas, Reclaim The Net:

In a disquieting discovery, the Brazilian Central Bank Digital Currency (CBDC) is reportedly designed with a feature enabling the government to freeze user funds and adjust balances. The revelation emerged after Pedro Magalhaes, a prominent blockchain developer and founder of Iora Labs, managed to decode the underlying technical details of the CBDC.