my 2c
All empires rise and fall. Nothing new there.
The USD became the world's reserve currency as the US was in the best financial position after WW2.
The US solidified the stability and strength of the currency by also making it the petrodollar. (1953? Saudis).
The whole world was happy because the USD was backed by gold, therefore any states who held USD basically held gold.
This changed in 71 when Nixon took the world off the gold standard. The USD (and subsequently all the world's currencies) are now backed by nothing except confidence.
This confidence is eroding quickly due to the ridiculous growth in the money supply (M2). Many commentators are predicting the end of the USD as the world's reserve currency by the end of the decade. I believe that is a reasonable time frame.
Cryptos are the future but not bitcoin. It will be a govt sanctioned currency. (probably the cbdc being evaluated now) One that can be closely monitored and tracked. Once that is in place, all other competing currencies will become worthless (for may reasons). The new govt "crypto" will also be phased in late this decade to coincide with a cashless society.
Nothing revelatory here, no conspiracy. Just technology bringing in the NWO. It's going to happen whether we like it or not. Gold/Silver will be your friend in the near future, not cryptos.
My 2c is up.
All empires rise and fall. Nothing new there.
The USD became the world's reserve currency as the US was in the best financial position after WW2.
The US solidified the stability and strength of the currency by also making it the petrodollar. (1953? Saudis).
The whole world was happy because the USD was backed by gold, therefore any states who held USD basically held gold.
This changed in 71 when Nixon took the world off the gold standard. The USD (and subsequently all the world's currencies) are now backed by nothing except confidence.
This confidence is eroding quickly due to the ridiculous growth in the money supply (M2). Many commentators are predicting the end of the USD as the world's reserve currency by the end of the decade. I believe that is a reasonable time frame.
Cryptos are the future but not bitcoin. It will be a govt sanctioned currency. (probably the cbdc being evaluated now) One that can be closely monitored and tracked. Once that is in place, all other competing currencies will become worthless (for may reasons). The new govt "crypto" will also be phased in late this decade to coincide with a cashless society.
Nothing revelatory here, no conspiracy. Just technology bringing in the NWO. It's going to happen whether we like it or not. Gold/Silver will be your friend in the near future, not cryptos.
My 2c is up.
No God, No fear.
Know God, Know fear.
Know God, Know fear.
