You can read the article, but here’re some things they aren’t telling you:
The entire planet is racing to beat China on forming a digital currency that gets traded globally. Because China has so much influence over poor and developing countries, they’re basically forcing them to adopt this currency in places like Africa to test it out.
Here’s the best part:
Once a centralized digital currency is established and accepted globally, your money can basically be turned off/seized/stolen at will by those that control the supply.
Obviously, a lot of people are worried about this, and have moved their money to physical assets, commodities, and crypto currencies. We have no idea if any government might take action to make non-government digital currency illegal, so invest at your own risk. I’m not a financial advisor, but the rule of thumb is to put at least 5% of your investment capital into crypto.
What do you guys think the future will hold? Will China take over or will the CIA and Mossad pull another Muammar Gaddafi scenario?
Just start your own central bank (cdn-attachments.timesofmalta.com)
One important bit of info I forgot to add:
Because China is forcing other countries to adopt this digital currency, it’s adding to the devaluation of the US dollar.
Scary shit.
(post is archived)