Zerohedge posted an article today https://www.zerohedge.com/crypto/operation-choke-point-20-underway-and-crypto-its-crosshairs which goes into great detail of the ongoing crackdown on crypto known as "Operation Chokepoint 2" by the puppet biden regime. We are going to take a quick look at the situation, as well as discuss why decentralized exchanges and blockchains such as BitShares along with Quintric are the rightful remedy for this tyrannical system.
"Specifically, the Biden administration is now executing what appears to be a coordinated plan that spans multiple agencies to discourage banks from dealing with crypto firms. It applies to both traditional banks who would serve crypto clients, and crypto-first firms aiming to get bank charters."
When blockchains first launch it is commonplace to receive capital backing by funds associated with traditional banking. The biggest problem here is the funds want to control developers and the platform. This also allows regulators a foothold to strangle a project or company whenever they deem necessary. Thank God for the decentralized autonomy of DEX's, in particular the BitShares DEX https://app.xbts.io/#/ , as well as on/off ramps provided by Quintric and their special partnership with UPMA. The combination of BitShares and Quintric technology offer freedom lovers an opportunity to start their personal process of financial sovereignty!
Did you know that Ledger can prevent its users from accessing funds via disabling nodes or restricting access to the API. Metamask since its just an interface and they work with a third party API can also restrict the user at any time. On BitShares, a user can use any interface if they have an account on the blockchain. As for storing cryptocurrencies, the replacement for Ledger and other hardware wallets can be an encrypted paper wallet. The SmartHoldem team has released an updated paper wallet generator
follow them here at https://twitter.com/paperwallettopwhich I will be covering developments in the next BitShares report!
Quintric allows you to move out of debt/hype-based currencies and into a more stable, enduring monetary system. Central banks around the world have begun changing the standards for holding physical gold. Learn why Gold and by extension Quintric are now reclassified as tier 1 assets here https://hive.blog/bitshares/@highsteam1900/quintric-basel-iii-and-tier-1-assets
Conclusion: Do not fall prey to fear. Freedom is being engineered by the brightest of minds. The controllers like to self aggrandize and project omnipotence. They will fail as they always do in time. Ask New Yorkers how the "vaccine passport" is going. They wanted to control every aspect of our lives and movement and the program is already scrapped. You cannot hold humanity down forever. Claim your financial sovereignty with Bitshares and Quintric today!
Freedom is at our fingertips!
Disclaimer: Please be advised that I own a diverse portfolio of cryptocurrency assets, and anything written or discussed in connection to cryptocurrencies– regardless of the subject matter’s content– may represent a potential conflict of interest. I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES ONLY. Nothing that I write or discuss should be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice. Nothing should be interpreted as a solicitation to invest in any cryptocurrency, and nothing herein should be construed as a recommendation to engage in any investment strategy or transaction. Please be advised that is in your own best interests to consult with investment, legal, tax or similar professionals regarding any specific situations and any prospective transaction decisions.