General Discussion

2024-12-08T21:39:25+00:00

That's the path that is contemplated by the mob that will be running the US government. You'll get some number of crypto-currency credits that will probably go into an exchange controlled by the mob (trump and jr, musk, thiel, etc.). You can then take these digital assets to your bank to deposit at face value. As far as I know, absolutely no normal commercial bank will handle these at all. Some may (usually mob controlled) but it will be at a steep discount. So, for example, I receive a crypto token worth at face value for $1,000 (US dollars - backed by gold) and walk into my local branch of Bank Of America. If I'm really lucky they'll give me $10. Think about spending these at local merchants? They aren't stupid - money on the barrel. And then when the health systems need to accept crypto for payments such as Medicare or Medicaid? The healthcare companies will not accept them, period. And won't accept your insurance. Of course, underlying this whole scheme is the plan to loot the gold from the federal reserve (and the value of the US$) and stuff it way off-shore. Our economy is being hijacked!

Post removed Sun Dec 8, 2024, 04:39 PM Dec 8

Post removed

17 replies

= new reply since forum marked as read

Highlight:

Post removed (Original Post) Post removed Dec 8 OP

No, I'm really not Lulu KC Dec 8 #1

So we get magic beans and FalloutShelter Dec 8 #2

17th century Holland: Are ready to be paid in tulip bulbs? sakabatou Dec 8 #3

My first thought too. multigraincracker Dec 8 #5

Bingo! bronxiteforever Dec 8 #12

not going to happen. stopdiggin Dec 8 #4

This BeerBarrelPolka Dec 8 #6

yeah. getting a little loopy. stopdiggin Dec 8 #7

Yep BeerBarrelPolka Dec 8 #8

Because people like the orange guy and his billionaire buddies are pushing for the idea. nt pnwmom Dec 8 #11

Ridiculous. If the US government did actually obtain the crypto bros' target of 1 million BTC, and even IF Celerity Dec 8 #9

Thanks! Appreciate your effort to inject a little rational thought ... -(nt)- stopdiggin Dec 8 #16

Sounds like the plan. If they can collapse the dollar and require crypto exchanges, they will control us? Evolve Dammit Dec 8 #10

No. dchill Dec 8 #13

Is Crypto Currency the currency of a one world government? Emile Dec 8 #14

I know at least one DUer who's looking forward to it Blue_Tires Dec 8 #15

And a taco truck on every corner? Iggo Dec 8 #17

Lulu KC

(5,735 posts)

1. No, I'm really not

Reply to Post removed (Original post)

Sun Dec 8, 2024, 04:52 PM

Dec 8

A bridge too far. I will be left by the side of the road wondering what in the hell just happened.

FalloutShelter

(12,962 posts)

2. So we get magic beans and

Reply to Post removed (Original post)

Sun Dec 8, 2024, 05:06 PM

Dec 8

they back- up a truck to loot the Government.
Got it.

sakabatou

(43,613 posts)

3. 17th century Holland: Are ready to be paid in tulip bulbs?

Reply to Post removed (Original post)

Sun Dec 8, 2024, 05:10 PM

Dec 8

multigraincracker

(34,607 posts)

5. My first thought too.

Reply to sakabatou (Reply #3)

Sun Dec 8, 2024, 06:05 PM

Dec 8

bronxiteforever

(9,694 posts)

12. Bingo!

Reply to sakabatou (Reply #3)

Sun Dec 8, 2024, 07:35 PM

Dec 8

stopdiggin

(13,205 posts)

4. not going to happen.

Reply to Post removed (Original post)

Sun Dec 8, 2024, 05:57 PM

Dec 8

Under any government controlled by either Democratic or Republican party.

and why are we entertaining these flights of fancy? - - - - - - - - - - - - - - - -

BeerBarrelPolka

(1,439 posts)

6. This

Reply to stopdiggin (Reply #4)

Sun Dec 8, 2024, 06:06 PM

Dec 8

This place is going to the dogs (no offense to Snoopy).

stopdiggin

(13,205 posts)

7. yeah. getting a little loopy.

Reply to BeerBarrelPolka (Reply #6)

Sun Dec 8, 2024, 06:24 PM

Dec 8

better get out there and snag some tin foil before it clears the shelves ....

BeerBarrelPolka

(1,439 posts)

8. Yep

Reply to stopdiggin (Reply #7)

Sun Dec 8, 2024, 06:28 PM

Dec 8

I find myself asking how I ended up in this neighborhood a lot lately.

pnwmom

(109,659 posts)

11. Because people like the orange guy and his billionaire buddies are pushing for the idea. nt

Reply to stopdiggin (Reply #4)

Sun Dec 8, 2024, 07:25 PM

Dec 8

Celerity

(47,490 posts)

9. Ridiculous. If the US government did actually obtain the crypto bros' target of 1 million BTC, and even IF

Reply to Post removed (Original post)

Sun Dec 8, 2024, 06:45 PM

Dec 8

BTC increased TEN-FOLD IN value, to one million USD per BTC, that yields only 1 trillion usd, which is fuckall compared to what SS payouts would be. In 2024, the Social Security Administration paid out $1.51 trillion combined between all its obligations.

Not only that, but the US could never sell the million bitcoin without crushing the price (as that 1 million BTC is around 7 to 10 per cent of all actually available bitcoins that will ever exist and can actually be redeemed, as out of the 21 million BTC that can ever exist, 20 million have already been mined and between 4 or 5 on up to almost 8 million are already lost forever via lost wallets, damaged hardware, lost private keys, etc etc).

It is simply impossible to pay Social Security with BTC, same as it is impossible to pay off the US national debt with it.

It is all fantasyland silliness.