January 2023 - cypherpunks - lists.cpunks.org

US 2nd Amendment Under Assault, Freedom Firearms Guns Defense
by grarpamp 10 Jan '24

10 Jan '24

"... the right of the people to keep and bear Arms, shall not be infringed." https://en.wikipedia.org/wiki/Second_Amendment_to_the_United_States_Constit… 2nd Amendment, Firearms, Guns, Self Defense, Freedom's Defense Against Tyranny, Gun Confiscation, 3D printed Guns, Blueprint Censorship, FreeSpeech, Crypto Munitions, Natural Law Posession nor production nor transfer of any nonliving "thing" can never logically be "illegal". This is not in conflict with those voluntarily choosing to not themselves posess a "thing", nor preclude sanction for those who use a "thing" against the NAP. Per the Great Reset, all your rights are now under assault by tyrant globalist politicians... the US 2nd Amd is one of them. https://www.youtube.com/watch?v=diz-8FzHOLM Meaning and Purpose of 2ndA pt1 https://www.youtube.com/watch?v=vioWTwGiELo Meaning and Purpose of 2ndA pt2 Witness the list of non-libertarian countries, ~195, literally all of them, non NAP compliant, anti-libertarian shitholes, including yours... https://en.wikipedia.org/wiki/Overview_of_gun_laws_by_nation History proves sequences of "democratic" and tyranny practices will stomp whatever freedom they can leading to brainwashed life lacking means or any will for freedom... During the dictatorship of Juan Vicente Gómez, in 1919, a disarmament law was decreed, ordering every weapon owner to give them away to the authorities; the only exceptions were machetes and hunting shotguns. Historian Manuel Caballero argues that while Gómez final intention was to prevent his enemies from obtaining weapons, the law contributed to avoid civil wars in Venezuela for the next century.[212] In 2012 Venezuela banned private sales of firearms and ammunition hoping to lower crime rates. The Army, police, and certain groups trusted by the government (colectivos) are exempted from the ban and can buy firearms from state-owned manufacturers.[213] In 2013 Venezuela stopped issuing new firearm licenses.[214] In 2017 government banned carrying firearms in public places.[143] Since then, the government began to seize guns from civilian hands, destroying thousands every year, including more than 15,000 in 2018. More than 483,000 private guns have been destroyed since 2003, with only 3,000 of them being surrendered voluntarily. 60 disarmament centres were created in the country and the penalty for illegal firearm possession was raised to 20 years imprisonment.[215] According to the government, the only people who should carry guns are public agents. Néstor Reverol, Minister of the People's Power for Interior Relations and Justice, claimed that strict gun control led to a reduction in crime and kidnappings in Venezuela.[216] No, the top mass shootings, and murders in general, have and are ALWAYS performed by Government and religion... in wars, and in silencing opposition and freedom, and in death sentences, specifically by those following "orders" and willfully violating the NAP. https://www.realclearpolitics.com/articles/2021/04/10/putting_bidens_gun_co… https://www.gao.gov/products/gao-18-440 https://crimeresearch.org/2018/02/op-ed-new-york-times-background-checks-no… https://crimeresearch.org/2016/01/why-the-so-called-charleston-gun-purchase… https://crimeresearch.org/2018/02/with-39-killed-in-tunisia-attack-the-top-… https://crimeresearch.org/2019/01/responding-voxs-popular-americas-unique-g… https://www.wsj.com/articles/democrats-are-coming-for-your-guns-11601938911 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3671740 There were so many lies in Vice President Kamala Harris’ and President Joe Biden’s presentations on guns Thursday that it is hard to know where to start. One thing is certain, though: The media fact-checkers won’t question their claims. Here are just a few of the false ones: The background check system “has kept more than 3 million firearms out of the hands of dangerous people.” Since the Brady background checks began in 1994, there have been 3.5 million initial denials. However, it is one thing to stop a felon from buying a gun. It is quite another to stop a law-abiding citizen from buying a gun just because his or her name is similar to a felon’s. In 2017, for example, there were 112,000 initial denials for supposedly attempted prohibited purchases, but just 12 federal prosecutions by June 2018. The reason is that these weren’t real cases. The background check system is a mess, with the mistakes primarily born by minorities through no fault of their own. The error rate for black males is three times their share of the population. The Charleston Loophole Biden says that if there had only been more than three days to check Dylann Roof’s background, Roof would have been stopped from buying a gun, thereby preventing the horrible Charleston, S.C., church shooting. But that is a lie. You can’t buy a gun if you have a felony or certain misdemeanor convictions, or if you are arrested but not yet convicted of a crime with a possible prison sentence of at least one year. Since Roof’s arrest was for a misdemeanor drug offense, which had a maximum possible sentence of six months, a longer waiting period would not have blocked his gun purchase. If Democrats want to change the law so that any misdemeanor arrest prevents gun purchases, this would at least be related to the Charleston case. But Democrats want to impose up to a 30-day waiting period without explicitly stating that is their real aim. If they want a long waiting period, they should make a case for why this would somehow be desirable. Instead, Democrats pretend that their proposal would have stopped the Charleston shooting when their actual goal is to obtain a long waiting period. Biden said that gunmakers are “exempt from being sued. ... This is the only outfit that is exempt from being sued.” The president claims this is the top change he wants. In fact, however, if gunmakers make defective guns, you can sue them. Likewise, if they break the law (e.g., sell a firearm without a background check), you can sue them. Biden’s proposal is very different from current law. He wants gun manufacturers held civilly liable for misuse of guns they sell. This would allow lawsuits against manufacturers and sellers whenever a crime, accident, or suicide occurs with a gun. The straightforward result would be to put gunmakers out of business. Imagine what would happen to the car industry if similar rules were applied. The National Safety Council estimates that 39,404 Americans died and 4.5 million were injured from car accidents in 2018. Cars are also frequently used to commit crimes. “The vast majority of Americans believe there should be [universal] background checks.” Gun control advocates frequently claim that over 90% of Americans support background checks for private transfers of guns. Yet, the last time such laws were proposed to voters, they rejected them. When Michael Bloomberg got universal background check initiatives onto Maine and Nevada’s ballots, for example, he lost in Maine by four percentage points and won in Nevada by just 0.8 percentage points. This tough sledding wasn’t for lack of money. In Maine, Bloomberg outspent his opponents by over six times. In Nevada, he spent an incredible $35.30 per vote — three times more than his opponents. If over 90% of Americans supported these laws, this type of spending would be unnecessary. He blamed the “historic spike in homicides” on the lack of gun control laws. No sudden change in gun control laws caused last year’s spike in homicides. Instead, the real explanation is simple, and something Biden refused to consider: prisons released a large number of inmates because of COVID-19, politicians ordered police to stand down, police department budgets were cut, and prosecutors refused to prosecute criminals. In describing mass public shootings, Biden said that gun violence in this country is an “international embarrassment.” The president might not follow international news closely, but mass public shootings are much more common and deadly in the rest of the world than they are in the United States. The U.S. contains 4.6% of the world’s population, yet accounts for only 1% of the world’s shooters. Over the last decade, Europe has experienced deadlier mass public shootings than any of those in the U.S. -- ever. In November 2015, for example, 130 people were shot to death at a concert in Paris. In July 2011, 67 people were shot to death in Norway. European countries such as France, Finland, Norway, and a number of Eastern European countries have higher per capita death rates from mass public shootings than the United States does. Yet, all of these countries have stricter gun control laws than we do. These are just a few of the false claims made on Thursday. No, the rules for buying guns at gun shows are no different than buying them anywhere else. And no, when guns are unavailable neither the suicides nor the suicide attempts drop. Unfortunately, the liberal fact-checkers - as usual - are nowhere to be found. * * * Lott is the president of the Crime Prevention Research Center and the author most recently of “Gun Control Myths.” Until last month, Lott was the senior adviser for research and statistics at the U.S. Department of Justice’s Office of Legal Policy. Thomas Massie is a Republican member of the House who has represented Kentucky’s 4th Congressional District since 2012.

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SpyVeillance: Thread
by grarpamp 09 Jan '24

09 Jan '24

Tucker: NSA planned to leak my emails to media outlets https://nypost.com/2021/07/07/tucker-carlson-claims-he-was-unmasked-by-nsa-… https://www.youtube.com/watch?v=U9bKEPWviEU Tucker: NSA Disclosed My Emails https://www.youtube.com/watch?v=QlitOLX8KtU SpyVeillance: People are Concerned https://www.youtube.com/watch?v=e-2n7lEi--M NSA Spying on US Citizens https://video.foxnews.com/v/6262789335001/ Glenn Greenwald on NSA https://www.youtube.com/watch?v=bll9mmodikM Styx's Pussy Responds

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Cryptocurrency: Jamie Dimon JPMorgan Ponzi Gets Criminally Convicted on Fraud Racketeering
by grarpamp 09 Jan '24

09 Jan '24

https://nypost.com/2022/08/10/ex-jpmorgan-metals-traders-convicted-of-fraud… https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase JPMorgan fined $36B in criminal and sanctions since 2000. Cryptocurrencies never required a bailout from any Government.

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Cryptocurrency: Bankster Warren Launches WarOnCrypto To Kill Freedom, Wallets, Miners, Fight Back!!!
by grarpamp 09 Jan '24

09 Jan '24

> https://www.nobsbitcoin.com/the-digital-asset-anti-money-laundering-act-is-… > https://decrypt.co/117221/senator-warren-crypto-bill-kyc-self-custody-walle… > https://www.washingtonexaminer.com/policy/technology/elizabeth-warren-crypt… > https://www.theguardian.com/us-news/2022/dec/14/elizabeth-warren-crypto-reg… > https://cointelegraph.com/news/us-sen-elizabeth-warren-says-crypto-will-rui… > https://www.cnet.com/google-amp/news/elizabeth-warren-targets-crypto-money-… > https://www.realclearpolitics.com/2022/11/23/regulate_crypto_or_itll_take_d… > https://www.theblock.co/post/194941/warren-marshall-introduce-bill-to-tight… > > https://www.warren.senate.gov/imo/media/doc/DAAML%20Act%20of%202022.pdf > https://www.durbin.senate.gov/imo/media/doc/letter_to_fidelity_investments_… > https://www.fatf-gafi.org/media/fatf/documents/recommendations/March%202021… Elizabeth Warren’s crypto bill targets financial freedom, not fraud https://reason.com/2022/12/16/elizabeth-warrens-crypto-bill-targets-financi… Sen. Elizabeth Warren is coming after your financial privacy with her anti-crypto bill. https://www.warren.senate.gov/newsroom/press-releases/warren-marshall-intro… https://www.warren.senate.gov/download/12/15/2022/daaml-act-of-2022 https://astralcodexten.substack.com/p/why-im-less-than-infinitely-hostile https://reason.com/2021/12/01/turks-flee-to-gold-bitcoin-and-foreign-curren… https://reason.com/video/2022/03/11/the-canadian-government-couldnt-stop-bi… https://www.cnn.com/2022/02/20/americas/canada-trucker-protest-covid-sunday https://www.marshall.senate.gov/newsroom/press-releases/marshall-warren-int… https://www.wired.com/story/20-years-after-911-surveillance-has-become-a-wa… https://www.wired.com/2011/09/911-surveillance/ https://time.com/6096903/september-11-legal-history/ https://reason.com/2016/04/27/snowden-speaks/ https://www.aclu.org/news/national-security/the-privacy-lesson-of-9-11-mass… https://www.brennancenter.org/our-work/analysis-opinion/rolling-back-post-9… https://www.cato.org/blog/warren-targets-financial-privacy-wake-ftx-fall J.D. Tuccille | 12.16.2022 Senator Warren wants to extend the financial surveillance state cooked up by drug warriors and anti-terrorism fearmongers to cryptocurrencies. Beyond politically connected scammers and frothy valuations, the attractiveness of cryptocurrencies lies in their potential for doing what cash does, but across distances. When governments inflate money, people turn to other stores of value, including crypto. When politicians and their financial-sector accomplices block transactions of which they disapprove, people look for alternative means of doing deals without permission, crypto among them. So, when officials talk of stripping privacy and autonomy from cryptocurrencies such as bitcoin, you know they would do the same to cash if they could. "Rogue nations, oligarchs, drug lords, and human traffickers are using digital assets to launder billions in stolen funds, evade sanctions, and finance terrorism," Sen. Elizabeth Warren (D–Mass.) huffed this week. "The crypto industry should follow common-sense rules like banks, brokers, and Western Union, and this legislation would ensure the same standards apply across similar financial transactions. The bipartisan bill will help close crypto money laundering loopholes and strengthen enforcement to better safeguard U.S. national security." The bipartisan bill to which Warren refers sports the tendentious moniker, Digital Asset Anti-Money Laundering Act of 2022. Stripped of grandiose claims, it attempts to extend the financial surveillance state cooked up by drug warriors and anti-terrorism fearmongers to cryptocurrencies. Warren and company picked an opportune moment to do just that, while the public is occupied with a headline-grabbing financial scandal that taints crypto's already sketchy reputation. In fact, Sam Bankman-Fried's shenanigans at FTX, perhaps concealed by generous political donations, look old-school, including mingling personal and corporate funds in ways that would have raised red flags long before digital tokens. But they cast further shade over a crypto sector that had yet to gain acceptance by the American mainstream. After years of breathy warnings that cryptocurrency is shady, and speculative values detached from reality, many people are prepared to believe the worst. "Crypto is an interesting technology that had one terrible piece of bad luck: its standard-bearer, bitcoin, went up in value 10,000x over a few years," wide-ranging commentator Scott Alexander wrote earlier this month. "When something goes up in value 10,000x, it's hard to think of it in any other context. Whatever it was before, now it's 'that thing which went up in value 10,000x'." Alexander points out that, despite the shellacking the crypto sector is taking in the press and from politicians, it remains popular in countries where it's used for its intended purpose as a store of value and a means of exchange in defiance of authoritarian controls. "Vietnam uses crypto because it's terrible at banks," he notes. "There's a history of the government forcing banks to make terrible loans, and then those banks collapsing." In socialist Venezuela, "cryptocurrency provides a hard-to-ban alternative which has caught on among Venezuelan hustlers and small businessmen." This played out in Turkey when the government got serious about turning the lira into toilet paper and people bought gold, foreign currency, and bitcoin. Bitcoin also became a means for Canadian protesters to work around government attempts to financially isolate their protest movement. "Of course a technology centered around avoiding governance and banking failures will be centered in the countries with the most governance and banking failures!" Alexander adds. But any technology that can be used by good people can also be used by bad people. That's as true of window curtains as it is of crypto (or cash). The same privacy sought by a family going through evening routines might serve a terrorist building bombs, just as businesses and activists evading a hostile state might use the same currency that purchases bomb parts. Politicians love playing up potential abuses. "Following the September 11, 2001 terrorist attacks, our government enacted meaningful reforms that helped the banks cut off bad actors' from America's financial system. Applying these similar policies to cryptocurrency exchanges will prevent digital assets from being abused to finance illegal activities without limiting law-abiding American citizens' access," insists Sen. Roger Marshall (R–Kan.), co-sponsor of the Digital Asset Anti-Money Laundering Act of 2022. When politicians hold up the post-9/11 panic that supercharged the surveillance state as their model, take them seriously. The legacy of that time is widely recognized as an over-powerful government that intrudes into Americans' lives, subjecting our activities and communications to monitoring and diminishing our liberty. With their bill, Warren, Marshall, and company want to extend that surveillance to financial technology that was explicitly developed to empower individual liberty and privacy. "The bill first seeks to classify self‐<U+200B>hosted wallets as money service businesses," cautions the Cato Institute's Nicholas Anthony. "For those unfamiliar, self‐<U+200B>hosted wallets are merely the digital equivalent of a wallet in your pocket or purse. ... Where much of the financial surveillance in the United States depends on what's known as the third‐<U+200B>party doctrine, self‐<U+200B>hosted wallets offer individuals protection from government surveillance and censorship. Yet Senator Warren's bill would put an end to that protection." The bill, says Anthony, would "classify cryptocurrency miners, validators, and network participants as money service businesses." It "also sets its sights on cryptocurrency mixers" who "offer individuals the opportunity to enhance their privacy when using cryptocurrencies on public blockchains." In fact, the bill's language specifies that "the Secretary of the Treasury shall promulgate a rule that prohibits financial institutions from ... handling, using, or transacting business with digital asset mixers, privacy coins, and other anonymity-enhancing technologies." Senators Warren and Marshall talk about "terrorism" and "drug lords," but their clear goal (whether or not its within their reach, which is another matter) is to strip crypto of its ability to be used privately and without permission in the same way we use cash. Their objections to digital money also apply to banknotes and coins. Ultimately, it's not crypto they fear, but our liberty to earn, purchase, save, and donate without being impoverished, scrutinized, or stopped by government officials. Bitcoin and other digital tokens have their flaws, but they're an attempt to fulfill a widespread desire for reliable stores of value and means of exchange independent of control. And while all such forms of money are vulnerable to fraud and theft, that's already illegal. The Digital Asset Anti-Money Laundering Act of 2022 doesn't even attempt to address such crimes, instead, it's an attack on financial privacy and liberty. For all the reasons politicians are coming after crypto, you can bet that cash is next.

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Notary Public License Law (New York DEPARTMENT OF STATE Division of Licensing Services)
by Gunnar Larson 08 Jan '24

08 Jan '24

Brody Larson collates 34 highlights to Notary Public License Law (New York DEPARTMENT OF STATE Division of Licensing Services): https://drive.google.com/file/d/1L4rPu4covfuTBAEcQOlP2jS8A8XNDq9E/view?usp=…

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DropGangs: Parcel Services Now CensorBanning Shipments, MICT, Hawala
by grarpamp 30 Dec '23

30 Dec '23

Global and local shippers have quietly rolled out mandatory Govt ID to send all packages... MICT and other imaging covers were secretly rolled out... to integrate with global censorship, permission, control, and datamining regimes. And now the predictions of "conspiracy theorists" and others are coming true... UPS and other carriers now appear to be conspiring with authoritarian political regimes to arbitrarily censor shipments without law or court order. https://www.theblaze.com/shows/the-glenn-beck-program/ceo-says-roughly-two-… https://offensively-patriotic.com/2022/07/02/ups-cancelling-firearm-dealer-… 3D printer manufacturers, crypto miners, journos, are all next to be censored from shipping. All who do not pass Political and or Social Scoring will be denied access to services. Freedom is and will experience much Downtime if not countered. Drop Gangs, crypto-enabled Hawala networks, all now needed and must be developed and deployed, to make letters, parcels, goods, services, and data appear out one side of the network when input into the other site.

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Harvard inflates wood ...
by Gunnar Larson 17 Dec '23

17 Dec '23

" ... When recommendations by some consultants and the allocation of TIMBER by Harvard University’s endowment led to broad interest in the asset. Timber funds were launched with the understanding that they provided diversification and enhanced returns. Our analysis showed that timber did not add any value to our clients’ portfolios, and we recommended against investing in timber funds." -Goldman Sachs Investment Group (June 2021): https://drive.google.com/file/d/1yEQupX1a7VS4K6N018Y0SF_0v4lpJWz8/view?usp=… -- *Gunnar Larson - xNY.io <http://www.xNY.io> | Bank.org <http://Bank.org>* MSc <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - Digital Currency MBA <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107 New York, New York 10001

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Meta Platforms, Inc. Board of Directors - USPTO, Digital Assets and Moscow Exchange
by Gunnar Larson 06 Dec '23

06 Dec '23

Dear Meta Board of Directors: Please find the attached memo <https://docs.google.com/document/d/1f_fq1GaKNaAUGEyztdm-oMtIuEW2yXj4C5aoN0G…> addressed to your attention. - Today’s correspondence is to kindly submit xNY.io’s overall concern of Meta Platforms, Inc. and Moscow Exchange mark similarities, specifically, both marks seemingly resemble a geometric design consisting of two loops and/orovals touching or intersecting. xNY.io kindly asks Meta’s Board to respond by Friday, March 25, 2022 at 5:00pm EST. Respectfully yours, Gunnar Larson -- *Gunnar Larson - xNY.io <http://www.xNY.io> | Bank.org <http://Bank.org>* MSc <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - Digital Currency MBA <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107 New York, New York 10001

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Cryptocurrency: Capturing The Carnage, BTFD!
by grarpamp 04 Dec '23

04 Dec '23

As all the derivatives, shitcoins, exchanges, and debt unwind, and as Global Fiat happily pours its fuel on the fire via raising yields and QT, solid distributed p2p crypto projects and developing tech on the caliber of Bitcoin, including BTC, will survive to see greener days ahead. As such, both the rational and the insane might do well to DYOR on BTFD. https://www.youtube.com/watch?v=l4v8rLEI4Pg BTFD McAfee GANG! https://www.youtube.com/watch?v=V3QQJ18toPo PANIC SELLER!

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Cryptocurrency: CBDC Digital Fiat WARNING BELLS GOING OFF
by grarpamp 30 Nov '23

30 Nov '23

Lol. For those that still foolishly worship Politicians GovBank and generally still have their head in the sand... 1984 warnings are everywhere, just say NO to Digital Fiats and CBDCs. Say NO, right now. Countdown To Governments Default https://economicprism.com/countdown-to-u-s-government-default/ https://www.nakedcapitalism.com/2022/03/the-world-quietly-took-another-step… https://www.youtube.com/watch?v=VYOEvurCVuk https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/ex… https://www.federalreserve.gov/publications/files/money-and-payments-202201… Central Bank Digital Currencies (CBDC) are coming. And they’re coming much faster than most people care to think about. Are you ready? At the moment, roughly 90 central banks – including the European Central Banks and the Federal Reserve – are either experimenting with, or are in varying stages of CBDC implementation. Moreover, these CBDC friendly central banks include all G20 economies. And together, represent more than 90 percent of global GDP. What’s important to understand is the adoption of a CBDC in your country of residence would accompany the abolition of cash. This would be for your own good, of course. To eliminate nefarious transactions and black markets. If you value financial privacy and the liberty to spend your money as you please, then the rapidly approaching rollout of CBDCs is a major red flag. Compulsory use of a CBDC, like a digital dollar for example, would give central planners complete oversight and control over your finances. You see, under a CBDC regime – free of cash – all of your transactions would be subject to government surveillance. All remnants of financial freedom, privacy, and anonymity would be destroyed. But that’s not all… CBDCs would allow control freak, power mad central planners to do much more than spy and surveil your financial transactions. CBDCs would allow them to control how and when you spend your money. This may sound crazy to a sane person, who operates with a modicum of modesty and integrity. But, in truth, this is one of the main intents of CBDCs. In fact, several years ago Bank for International Settlements General Manager Agustin Carstens outlined the extraordinary powers CBDCs would afford central planners. Here are the particulars from Carstens himself: “There is a huge difference [between CBDC and cash]. For example, with cash we don’t know who’s using a 100 dollar bill today. We don’t know who’s using a 1,000 peso bill today. A key difference with the CBDC is the central bank will have absolute control under rules and regulations that will determine the use of that expression of central bank liability, and we will have the technology to enforce that.” Do you get it? The central planners want absolute control over how you spend your money. This includes the U.S. government too… Traceable And Programmable On March 9, the Biden administration released an executive order (EO) requiring several federal agencies to study digital currencies and to identify ways to regulate them. A big part of the EO is focused on blockchain based cryptocurrencies like bitcoin and ethereum. However, within the EO, Biden also directs the federal government and Federal Reserve to lay the foundation for a potential new U.S. currency, a CBDC – perhaps, a digital dollar. Specifically, the EO directs the U.S. Treasury, and other federal agencies, to study the development of the new CBDC and report back within 180 days of the potential risks and benefits of a digital dollar. The EO also directs the Treasury Department, Office of the Attorney General and Federal Reserve to produce a ‘legislative proposal’ to create a digital currency within 210 days, about seven months. The digital dollar is coming, and it’s coming quick. To be clear, the adoption of a digital dollar by the U.S. government, as Biden intends, would be one of the greatest expansions of federal power ever made. The digital dollar would be much different than a digital version of the existing U.S. dollar. It would also be much different than cryptocurrencies like bitcoin and ethereum, which are decentralized. Digital dollars would be traceable and programmable. The Federal Reserve, or some other government agency, would have the ability to create digital dollars at whim. Moreover, the digital dollars could be programmed to have various rules and restrictions governing how and when they are spent. Earlier this year, in Federal Reserve published report about the development of a CBDC, the Fed provided examples of possible ‘design choices’ for a digital dollar, including that “a central bank might limit the amount of CBDC an end user could hold.” Biden’s EO plan for a digital dollar also includes design choices that will give the federal government total control over financial freedom and the economy. The EO even states the CBDC and other policies governing digital assets must mitigate “climate change and pollution” and promote “financial inclusion and equity.” This is a major focus. >From this, we can speculate that financial inclusion and equity means wealth redistribution. And climate change mitigation means restrictions to fossil-fuel use. These, and other government dictates, like the direct subtraction of taxes and fees from your account, would be programmed into the digital dollar. Why now… Blowback U.S. and European Union sanctions against Russia, including cutting Russian financial institutions off from SWIFT and preventing the Russian Central Banks from using its foreign currency reserves, may prove to be a strategic blunder. The blowback potential is real, and is already happening. Europe, which depends on Russia for 40 percent of its natural gas, is now reaping the whirlwind. According to Bloomberg, Putin has signed a decree demanding payment in rubles for Russian gas supplies starting April 1 (today). Will Europe submit? There are rumors European nations are already covertly buying rubles. The ruble’s increase on the foreign exchange market to pre-invasion levels certainly hints something is in the works. Regardless, the U.S. is losing control over the international financial and payment system. By freezing Russia out SWIFT, Putin is being forced to look for other alternatives. Specifically, China has been developing its own Cross-Border Interbank Payment System (CIPS) as an alternative to SWIFT. Sanctions against Russia may further accelerate the use and adoption of CIPS by nations that are opposed to western influence. Cryptocurrencies and blockchain technology also offer banks and individuals ways to move payments without using dollars or SWIFT. The very success of the weaponization of the legacy financial system by the U.S. and Europe is driving Russia and others into such alternatives. Hence, fewer international transactions in dollars could undermine the dollar’s reserve currency status. This would have serious implications for the U.S. economy, as the dollar would likely suffer a significant devaluation. In the U.S. consumer price inflation (official) is already at a 40 year high. Unofficially, it’s higher than it has been in over 100 years. Between the financial war being waged, raging consumer price inflation, a $30 trillion national debt, trillion dollar deficits, and unfunded liabilities running into the hundreds of trillions, something’s got to give… …namely, the U.S. dollar. Countdown to U.S. Government Default The popular American myth is that the U.S. government has never defaulted on its debt. Quite frankly, that’s unadulterated hogwash. The U.S. government has (unofficially) defaulted on its debt twice within the last hundred years. Executive Order 6102 of 1933, which forced all American citizens to turn in gold coins and bars, was, in fact, a default. Gold ownership in the United States, with some small limitations, was illegal for the next 40 years. Under EO 6102, Americans were compensated $20.67 per troy ounce of gold. They were paid with paper dollars. Immediately following the government’s gold confiscation, the price of gold was raised by the Gold Reserve Act of 1934 to $35 per ounce. Just like that, American citizens were robbed of over 40 percent of their wealth. The second default occurred in 1971, when President Nixon “temporarily” suspended the convertibility of the dollar into gold. Prior to 1971, as determined by the Bretton Woods international monetary system, which was agreed to in Bretton Woods, New Hampshire, in July 1944, a foreign bank could exchange $35 with the U.S. Treasury for one troy ounce of gold. After the U.S. reneged on this established exchange rate, when foreign banks handed the U.S. Treasury $35, they received $35 in exchange. In both instances, the U.S. government didn’t overtly default on the debt. Instead, it changed the fundamentals – the terms and conditions – of the dollar. By all honest accounts, these are defaults. Similarly, the issuance of a digital dollar (a Fed issued CBDC), which is traceable and programmable, changes the terms and conditions of the cash dollar. Make no mistake. This is a default…and you won’t like it. Moreover, per Biden’s EO, this default could happen as soon as T-minus 210 days from March 9 – or as soon as October 4th. If that doesn’t give you a warm and fuzzy, we don’t know what will.

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