Elon Musk is now one of the most famous unelected "government officials" in the world. He wasn’t elected by the people but was appointed by Trump as the head of the Department of Government Efficiency to help cut wasteful government spending—and honestly, he seems to be doing a damn good job.
Klaus Schwab is also an unelected official who has had quite a say in many major global matters, and so has Bill Gates. But at least in Musk’s case, his work is clearly aimed at benefiting the people. So far, he’s managed to save billions of dollars in excessive and useless taxpayer spending.
And now… Musk reveals that there are 14 “magic money computers” in various government departments, creating money out of thin air and sending it off instantly. Welcome to Earth, Elon…
I consider the guy highly knowledgeable in many ways. He’s not a genius, but he damn well knows how money is created by central banks. What makes me wonder, though, is this: how is it that the house of cards that is the fiat system just happens to be crumbling now—right when crypto is being heavily adopted by governments and Wall Street?
Seems a bit too convenient to me. It reminds me of a saying about Bitcoin being a Trojan horse—and not in a good way. The idea is that Bitcoin could be the bait that gets us to embrace digital money… before central banks roll out their own versions.
Well, America has made it clear that a CBDC isn’t happening anytime soon—if ever. But what are we seeing? Major banking figures and financial elites, especially in the U.S., increasingly emphasizing the “important role” that stablecoins will play in the future economy.
Russia has already proven that crypto can be a solid hedge against international financial oppression. To some extent, crypto is an incredible tool for bypassing the burdens of the traditional financial system. But here’s the catch—stablecoins that are primed for mass adoption, like USDT and USDC, are centralized.
Tether or Circle can freeze any amount of USDT or USDC if the right authorities tell them to. That’s a major red flag. That’s not free money. That’s not our money. Hive, HBD, and other decentralized cryptos that can actually be used as payment? They won’t be weaponized like USDT and USDC will.
And funny enough, BlackRock has also gone incredibly bullish on crypto over the past year. That’s so “right on time,” isn’t it? Feels a bit suspicious, especially coming from a company that owns half the damn planet.
What if they played us? What if they tricked us with the shiny Bitcoin we’ve all grown to love over the years?
Thanks for your attention,
Adrian
i might be wrong but i feel CBDCs were never actually the plan, only the scarecrow to have everybody be content with a cryptocurrency payment system in the end when CBDCs are officially slashed and discontinued.
BTC is such a hype it's awkward - the underlying tech is not a basis for a new financial system. now Hive or ICP - that would bring some real advantages.
either way, i am not sure how much longer cash will be around...
Have you tried the Hive debit card?
I remember when they said mask and vaccine mandates weren't gonna happen anything soon either.
Good point 😁
BTC will never compete with fiat currencies and alternatives like BCH or XMR get constantly attacked. HBD “mirroring” the dollar is great if we can convince enough people to accept it and keep using it in a circular economy instead of going back to fiat.
It's probably that BTC wasn't even designed in the first place to compete against fiat. Maybe we asked too much from it... At the end of the day it doesn't even have the pedigree to do that.
It was designed to scale from the get go, it is the blocksize debate that was absolute nonsense.
I recall reading a text(posted as a screenshot, I think on X) where someone suggested that "Bitcoin(and all crypto)" is how the government gets to lead us to owning nothing.
"You'll own nothing and you'll be happy" was the message essentially.
What I think is that this is unlikely to be true because it is a great disadvantage to the government.
A select set of people tend to underestimate what lengths people will go to have and place value on what they want. Clearly the world wants and needs decentralized money, decentralized database systems and privacy tech and it's pushing to get it despite heavy government push-backs because even that power system has limits.
They push it too hard and it falls quickly.
What happened to Hive, Monero, ZCash, and many others on the way? These entities never talk about ungovernable money...
Because that would be free marketing, they surely don't want more people becoming aware of such things.
they want the masses to embrace centralized shit so they can exert control.