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Joe Biden’s Executive Order on March 09, 2022, reenergized the social media buzz over digital currencies to the point that many far-left national socialist media sources began talking as though this dangerous threat to liberty is now inevitable. Part of the problem is that we have a classic case of bait and switch in progress, replacing the anonymity and ease of use of cash and coin with a technological nightmare that will eviscerate freedom and individual civil rights. Your friendly neighborhood government oligarchs are only too happy to cynically exploit the goodwill built up over the years by Bitcoin and other cryptocurrencies.
This is a complex subject matter far beyond the scope of a short essay. Unfortunately, the party in control of the government and the nation’s leftist socialist media (but we repeat ourselves) take full advantage of this fact to confuse the issue aware of the familiarity most people have with credit and debit cards, as well as the recent excitement over the most prominent cryptocurrency Bitcoin and secure in the knowledge that most would falsely consider Central Bank Digital Currencies as the same thing. We’re here to make the case that there is a vast difference by several orders of magnitude, that any Central Bank Digital Currency would be liberty’s extinction-level event.
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What are cryptocurrencies and Central Bank Digital Currencies?
Even though the media sometimes refers to them interchangeably, cryptocurrencies are not Central Bank Digital Currencies (CBDC). The Oxford English Dictionary defines cryptocurrency:
A digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.
decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation’
Please take note that the definition specifically refers to a decentralized system, rather than a centralized authority. Compare this to the Oxford English Dictionary definition for a central bank, the controlling authority of a digital currency:
A national bank that provides financial and banking services for its country’s government and commercial banking system, as well as implementing the government’s monetary policy and issuing currency.
Note that it refers to issuing currency, under its centralized authority — the exact opposite to decentralized cryptocurrencies. This is just one of the vast differences between the two concepts. The authoritarians are purposefully exploiting everyone’s casual use of debit or credit cards along with the familiarity with the more prominent cryptocurrencies.
In many ways, the developments have been towards greater anonymity, restrictions in use, and decentralized control in the technology trends in moving from card to cryptocurrency transactions. Despite the volatility in these currencies, they have built up a certain amount of goodwill. This could easily explain why certain entities conveniently forget to correct the record in distinguishing cryptocurrencies from Central Bank Digital Currencies (CBDC).
The vast differences between cryptocurrencies and CBDCs regarding liberty
- Permissionless public sphere versus closed systems requiring permission for use.
- Decentralized dispersed systems versus fully centralized control.
- Pseudonymity versus tracking of every transaction.
- Unrestricted use versus programmed control.
- Benefiting the people versus benefiting the government.
Cryptocurrency systems are based on decentralized, open systems, as contrasted with the closed but fully centralized control systems of Central Bank Digital Currencies. While cash is the gold standard (pardon the pun) for anonymity, cryptocurrency is at least pseudonymous. Compare it to the complete lack of anonymity with Central Bank Digital Currency. This means while there is some anonymity with cryptocurrency, governmental authorities can still catch criminals and fellow governmental officials.
Everyone should keep in mind that tracking and control are the two primary reasons authoritarians everywhere love Central Bank Digital Currencies. Each digital asset would have explicit tracking and control technologies to micromanage the currency down to the tiniest detail. Consider what would happen in the process of depositing anonymous cash into your digital currency account. The system would scrupulously log and serialize each unit of currency.
The central authority would track these through the financial system as you spend them. If you’re concerned about your privacy now, wait until every government official or busybody can look at where you’ve spent every cent of your brand-new Fed dollars.
The worst kind of bait and switch: Authoritarianism instead of freedom
If you were persistent enough in wading through the (BS) Biden Speak of the president’s Executive Order calling for the Responsible Development of Digital Assets, you eventually come across some of their key buzzwords in setting up a Central Bank Digital Currency (CBDC) instead of merely regulating cryptocurrencies. One of these revelations of their little ‘financial inclusion and equity’ scheme is at the end of the second paragraph of section 1. Policy:
We must take strong steps to reduce the risks that digital assets could pose to consumers, investors, and business protections; financial stability and financial system integrity; combating and preventing crime and illicit finance; national security; the ability to exercise human rights; financial inclusion and equity; and climate change and pollution.
Take note of their use of the term equity in that woke word salad. A concept expounded upon by our future Vice President, Sen. Kamala Harris in November 2020:
There’s a big difference between equality and equity. pic.twitter.com/n3XfQyjLNe
— Kamala Harris (@KamalaHarris) November 1, 2020
It’s a short video that should terrify anyone deemed ‘privileged’ by the liberty denier left that has a bank account or any financial assets. As Kamala Harris condescendingly explains in the video:
“So there’s a big difference between equality and equity. Equality suggests, ‘Oh, everyone should get the same amount.’”
…
Her video showed an illustration of a white man with an advantage while rope-climbing up a mountain, while a woman of color left behind needed assistance.
Harris concluded, “It’s about giving people the resources and support they need so that everyone can be on equal footing, and then compete on equal footing.
“Equitable treatment means we all end up at the same place,” she said as the video ended.
“giving people the resources and support they need so that everyone can be on equal footing”
That takes on a whole new meaning under the guise of discussions of digital assets under the direct control of the nation’s socialist left, and that’s just the start of the ordeal.
All things being there common, every man hath abundance of everything
Long before Karl Marx (359 years to be exact) vomited the farcical concept of ‘From each according to his abilities, to each according to his needs’, Sir Thomas More expressed a very similar concept ‘All things being there common, every man hath abundance of everything’ in his book Utopia published in 1516. The later translation of that work specifically refers to the 4th century B.C. collectivist concepts of Plato’s Republic from ancient Greece. For the record, that was 2,400 years ago — so much for collectivism being a ‘new’ concept.
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We can’t definitively say that Karl lifted this idea from a tome that had been around for over 3 ½ centuries. However, you could almost say that he fell short in his skillset. So, he took from the abilities of Plato and Sir Thomas More and gave to himself according to his needs like any good leftist. After which he acted in the same guise and took all the credit for developing these concepts.
Now with the possibility (read: nightmare) of Central Bank Digital Currency, there is no limit to how the anti-liberty left could exploit this technology along with ESG scores to give and take to micromanage everyone’s life down to a minuscule level. Make no mistake, the inherent nature of CBDC renders it programmable, it’s just that the liberty eviscerating leftists just said the quiet part out loud:
Earlier this month Sir Jon Cunliffe, a deputy Governor at the Bank, said digital currencies could be programmed for commercial or social purposes, even down to the way children spend pocket money.
He told Sky News: “You could think of smart contracts in which the money would be programmed to be released only if something happened.
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“You could think of giving your children pocket money, but programming the money so that it couldn’t be used for sweets. There is a whole range of things that money could do, programmable money, which we cannot do with the current technology.”
It is vitally important to understand that we are not overhyping the threat to liberty and individual rights posed by the implementation of Central Bank Digital Currency schemes. Draconian social credit control is already oppressing the people of red China; the wrong score means you cannot operate in the economy.
Just imagine a similar system in the States. You could easily be prevented from buying firearms or ammunition, then there would effectively be no more common-sense civil right of self-defense. What’s to stop them from having some sort of unexplained error for parents who speak out at school board meetings? What are the odds that your CBDC suddenly reads zero if you are accused of wrongthink? The possibilities are as horrifying as they are endless.
Rapidly approaching the point of no return
We have no other choice than to reject this concept, no matter if it’s in the middle of an ‘emergency’ or not. We’re at a point that is akin to approaching the rapids that lead to Niagara Falls, that span the US and Canadian Border. There is a certain point where the current is too strong and it precludes any kind of rescue and you are certain to go over the escarpment. The river is relatively calm before the rapids, but this changes quickly. We are in those relatively calm waters now, but if Central Bank Digital Currencies are enacted there is no turning back.
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
See all the latest videos and articles patriots need to watch and read at Discern.tv.
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