Is CBDCs a ponzi scheme?
A bait and switch operation?
Getting people to believe that something printed is valuable? And they aren't even getting a piece of paper…
I wonder if any of those missing trillions are actually being used
or is it in a strange limbo of, we can't really touch it, but it is there, kind of thing?
Money is also called currency, referring to it's nature of being a current, a flow. All that money is in use today, and much more than we suspect, as DOGE reported. The vast sums expended in 'Black Box' funding for MIC/Spooks, funding for NASA, and the immense sums spent by HHS despite Sec. Kennedy's best efforts (that are limited by the extortion and threats of violence should he step too far out of line, which is why he is attempting to publish a private blog wherein he can report and discuss issues he is not able to promulgate via official government comunications), and every of the myriad obscure agencies of government, not only in the US, but globally, are almost certainly surreptitiously siphoned into private pockets in the attempt to deploy it to produce real wealth, DUMBs, and etc., that will survive the coming collapse of the global monetary system and profit those that gain illusory financial advantage by accessing money created before it is devalued by inflation.
CBDCs aren't a Ponzi scheme. They're the bars of the cells we will be trapped in if we depend on them. Every crypto depends on internet comms for their value, and I beat this drum continually to help people grasp that money isn't wealth at all, it's simply a tech that facilitates commerce, and it's what money can buy - or cannot buy - that is actually wealth. Things we can eat, breathe, drink, wear, shelter us from inclement environments, and shoot at our enemies, along with the people that have our backs and enable us to acquire goods and services we don't ourselves produce, those are real wealth.
We have about 2 weeks before the last of the tankers that left the ME laden with petroleum products and crude oil empty their cargoes in the ports of the world, and then there will be almost no tankers transporting goods from the ME, nor bulk carriers delivering to the ME. Even if the blockade ended today, there will be a famine for oil on the markets that will last at least a month, and because of the immense destruction of production facilities the issuance of minerals from the ME will be dramatically reduced for at least a decade, because that's how long it takes to rebuild them. Even those that have not been destroyed, but merely temporarily shut down, will take weeks to restart. This will have repercussions of almost inconceivable impact on the global economy, and a 10x increase in fuel prices is only the tip of the iceberg, as medicines, fertilizer, and everything made of plastic are petroleum products, and all products need to be made and shipped, which requires fuel.
Invest money in real wealth NOW, before that sudden catastrophe hits in ~2 weeks, while retaining some emergency cash for exigent needs that may arise. Exercise sound judgment my friend, because we will all lose a vast fortune when that happens because civil society is what makes wealth valuable, and civil society will be stretched beyond it's limits and crash and burn depending on the cohesion and quality of civilian populations to rely each on the others and enable commerce and societal structure to support populations, as well as face hyperinflation of prices for every good and service fuel and mineral availability affect. That is all of them.
CBDCs allow our cryptomoney to be completely and granularly controlled by the centralized political power that has been collecting surveillance data on us for decades, to use that data to allow, limit, or alter any transaction we undertake with any form of money we must transmit via physical infrastructure that centralized power owns, which means only wealth we personally carry and hand to vendors will be beyond their control. The end of cash will end that completely, and every digital transaction will be tied to our ID and altered according to our known compliance with their policies, leaving only barter and goodwill potentially unaffected. It won't matter if BTC is valued at $1B if we cannot send it to a vendor. It's value to us will be whatever the owners of the physical communications network hardware decide to allow us. Mesh networks of packet radio using the LoRa spectrum are rapidly expanding in anticipation of the coming imposition of complete lockdown of our comms. This may provide limited ability to communicate and transact for a while, because the LoRa spectrum is used by smart devices to provide the surveillance data to manufacturers, so that spectrum won't just be shutdown, and the IoT will act as camoflage for our comms on that spectrum.
I don't think that will last long though, so I expect that to only temporarily be of help. In order to communicate forthrightly and transact with digital money we need to own the hardware we communicate on, and other than mesh networks of personally owned packet radios, there is not any other mechanism for comms that meet that standard. Starlink is not going to enable us to communicate without being personally KYC'd by biometric ID, and anyone that hopes it will knows almost nothing about Musk and will fall into a trap of trusting their enemy. Starlink will become the global surveillance network no one anywhere can hide from. Ghost Murmur may not be real, but if it is only insulating the bioelectrical signatures our bodies produce will prevent us from being targeted for whatever mischief our enemies intend us.
Possession is 9/10ths of the law, and 100% of wealth. If you can't hold it in your hands, you don't own it. If you can't secure it from centralized tyranny you won't keep it. They will send drones for us sooner than later, so prepare to be secure from drones.
https://drive.google.com/drive/folders/17zpks6_R59H0iXJaGkTrtp1SzIFFAQtY
Decentralization of the means of production has transformed security and will more so going forward. Battle is now determined by how many cheap drones can swarm $T weapons platforms (like Carrier battle groups) and factories. <$100 antiair rockets you can print in your bathroom are the current state of the art defense against $50k kamikaze drones. Learn from Iran the secret of securing yourself from 20th Century military platforms and tactics.