Cryptocurrency: US Federal Reserve Bleats FUD To Regulate and Preserve Itself, Exposed
grarpamp
grarpamp at gmail.com
Tue Jul 25 10:48:31 PDT 2023
https://www.reddit.com/r/CryptoAnarchy
https://www.reddit.com/r/Anarcho_Capitalism
search: Voluntaryism
[–]KindConsideration167 52 points53 points54 points 4 hours ago (3 children)
The more things change, the more they remain the same.
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[–]LucidLV 16 points17 points18 points 4 hours ago (0 children)
But 500000 x worse.
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[–]dphillips83 0 points1 point2 points 3 hours ago (1 child)
The more things change, the more they stay the same.
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[–]gta3uzi [score hidden] 25 minutes ago (0 children)
The more the change, things more stay they the same.
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[–]Connect-Ad-1088 55 points56 points57 points 4 hours ago (11 children)
Ya we ignored that shit
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[–]BigGaynk 35 points36 points37 points 4 hours ago (7 children)
The people didn't ignore it, it was well warned about, it's that the
average joe can't do anything about it and politicians who are mighty
individualists that they are(in truth only out for themselves) allow
it to happen because they are in the banks pockets.
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[–]CryptoBehemoth 14 points15 points16 points 2 hours ago (6 children)
I've been saying it for a long timet, the existence of government
creates two classes of people. Those who benefit from it, and those
who don't participate in it.
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[–]YoMamasMama89 [score hidden] 51 minutes ago (4 children)
I've heard the best way to improve it is make it so that it
incentivizes participation.
Like get compensated to vote for example.
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[–]zuilli [score hidden] 10 minutes ago (0 children)
You don't even have to pay anything, just make it so people feel like
their vote actually matters.
Representative "democracy" is a big mistake for such huge populations
like we have today. No one can find a politician that will 100% agree
with their views. It's time we find some way to bring direct democracy
back.
If anyone has the time I highly encourage you to watch these videos
about the fake democracy we live in today (they have english
subtitles):
https://www.youtube.com/watch?v=k8vVEbCquMw
https://www.youtube.com/watch?v=UoP_mSIHqTY
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[–]CryptoBehemoth [score hidden] 33 minutes ago (2 children)
That's a good idea. I'm starting to think that an AI-run government
would also be a good idea.
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[–]YoMamasMama89 [score hidden] 11 minutes ago (0 children)
Only if it's open source, part of the public domain, and has
significant mechanisms of accountability
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[–]gta3uzi [score hidden] 27 minutes ago (0 children)
I am the founder of a movement called the Order of the Basilisk that
works towards something not far off from that.
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[–]BigGaynk 2 points3 points4 points 1 hour ago (0 children)
well said
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[–]DrAgaricus 11 points12 points13 points 3 hours ago (0 children)
And now we get called conspiracy theorists for pointing it out
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[–]Risley 2 points3 points4 points 1 hour ago (0 children)
Bc it was an obvious missed opportunity to portray Cthulhu as the
goblin eating the bank money.
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[–]kelvin_higgsredditor for 3 days [score hidden] 1 minute ago (0 children)
They waited until a bunch of congressmen left for Christmas recess or
some such, then called the vote and got it passed with like no one
there
People used to leave early before the official close of vote since
travel took so long. So those senators and representatives that were
in the know just hid out in hotels in DC, waited for most of Congress
to leave, then voted in this crap
Wilson should’ve vetoed this just on basic principle, since most of
Congress wasn’t even there, but he signs it into law
He later states that this was his biggest fuck up
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[–]LucidLV 12 points13 points14 points 4 hours ago (5 children)
We never had a choice….
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[–]Lewzer33 7 points8 points9 points 3 hours ago (4 children)
We do now.
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[–]drewshaver 2 points3 points4 points 2 hours ago (3 children)
The real choice comes when western governments outright ban Bitcoin
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[–]Lewzer33 1 point2 points3 points 2 hours ago (2 children)
Only time will tell, but I don’t think that has much chance of happening.
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[–]drewshaver 0 points1 point2 points 2 hours ago* (1 child)
If and when there is a real financial crisis, I wouldn't put it past them
They also could stifle it into the ground with onerous regulations.
Perhaps they will require any tx you initiate on chain to have tons of
KYC done on the recipient, this will scare everyone to using the 3-4
big platforms to hold their coins and voila we have tradition banking
redux.
They also may try to fracture the network by requiring miners to
blacklist according to OFAC, if a few large countries get together on
such an effort they could really throw a wrench in the whole
uncensorable proposition
These are not things I hope happen of course, but it's important to
consider your opponents' next play so you can be ready
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[–]CPhaze 2 points3 points4 points 1 hour ago (0 children)
I consider all these highly possible, but also I consider how
corporations essentially own the US government and the fact that many
would benefit more from Bitcoin than from modern banking.
I think having a hard money standard again will give them massive
power. They will find ways to drain sats from the common man and hold
them in perpetuity. My biggest fear is not the government, but what
becomes of the world when Bitcoin is truly adopted.
Still a Bitcoiner through and through, but if we are correct there
will be a class of people who own Bitcoin and those that do not. Like
now, most people won't understand how money actually works and
corporations will exploit that fact to accumulate sats and never let
them go. All we can do is the same.
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[–]Asleep_Plant6117 10 points11 points12 points 4 hours ago (1 child)
But this is a beautiful drawing that Rothschild depicts
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[–]Siludin 7 points8 points9 points 4 hours ago (0 children)
Tell Roth that his child is drawing scary shit again
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[–]vnielz 6 points7 points8 points 2 hours ago* (0 children)
If they’ll come for my BTC or putting a huge fence around it by
closing all ramps, it makes me no other choice than move out to El
Salvador to protect my (kids) wealth.
F this Greedy and disgusting power structure.
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[–]gcoffee66 10 points11 points12 points 4 hours ago (0 children)
They called it
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[–]KAX1107[S] 2 points3 points4 points 3 hours ago (0 children)
Opt out of the Octopus
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[–]marketsimulator [score hidden] 52 minutes ago (0 children)
Between 1976 and 2021, the M3 supply increased 18.7x while GDP and
median household wages increased 12.9x and 5.9x, respectively.
It’s only going to get worse.
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[–]LocksmithLeast9539 1 point2 points3 points 3 hours ago (1 child)
And yet it feels like the majority of people still just don’t get it.
It’s not a matter of awareness at this point it’s cognitive
dissonance.
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[–]OctopusWeed3 1 point2 points3 points 3 hours ago (0 children)
The fiat mindset is the default for many. It's hard to change it if
you've been taught it from birth.
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[–]satsstackernic 1 point2 points3 points 1 hour ago (0 children)
#EndTheFed
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[–]ReservoirDogMrWhite 1 point2 points3 points 1 hour ago (0 children)
This remember me to buy more btc, thanks!
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[–]artificialbeautyy [score hidden] 42 minutes ago (0 children)
Every politician who tries to go against central bankers, ends up 🐠
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[–]Della86 4 points5 points6 points 3 hours ago (2 children)
The human race has gotten dumber over the last several generations.
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[–]Canwerevolt 3 points4 points5 points 3 hours ago (0 children)
By design
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[–]CrzyJek 1 point2 points3 points 2 hours ago (0 children)
Just the humans who've accepted complacency.
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[–]Frydog42 1 point2 points3 points 2 hours ago (0 children)
Hail HYDRA!
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[–]Socialists-Suck 1 point2 points3 points 3 hours ago (0 children)
Bitcoin fixes this.
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[–]DagiUr 0 points1 point2 points 4 hours ago (0 children)
We need jack Sparrow. And a sparrow wallet.
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[–]knuF 0 points1 point2 points 3 hours ago (1 child)
This is pretty awesome. More history on this piece?
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[–]Mr_Eckert 4 points5 points6 points 2 hours ago (0 children)
https://en.wikipedia.org/wiki/Alfred_Owen_Crozier
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[–]Zealousideal_Ad_1984 0 points1 point2 points 3 hours ago (0 children)
Sucking money out of everything else and dumping it into stocks
(assets). Yep they already knew before it even started.
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[–]techma2019 0 points1 point2 points 2 hours ago (0 children)
It’s even crazier that they were allowed to be named like a government
entity. Obviously by design.
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[–]hipster-coder 0 points1 point2 points 2 hours ago (0 children)
This is offensive to octopuses, who are kind and gentle creatures.
(Also, yeah, end the fed!)
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[–]TheOneReborn69 0 points1 point2 points 2 hours ago (0 children)
Cede and co
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[–]SPYalltimehightoday 0 points1 point2 points 1 hour ago (0 children)
Cycles cycles cycles. Rinse and repeat for the entire history of humanity
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[–]No-Calligrapher255 0 points1 point2 points 1 hour ago (0 children)
It’s happening in the digital arena now! It reminds me of the saying
“you will own nothing and be happy”
GenZ goes digital in China
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[–]Acmnin 0 points1 point2 points 1 hour ago (0 children)
People who think this is the problem with society 😂
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[–]cubeeless 0 points1 point2 points 1 hour ago (0 children)
Looks pretty accurate.
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[–]Elephant810 0 points1 point2 points 1 hour ago (0 children)
To be fair, the technology to create a truly hard money didn’t exist
then. What would have been a better alternative? The gold standard was
a good idea in theory but in practice.,but had a major exploit in
practice (trust). Fiat was a terrible idea (we all know why) and now
we are where we are.
At least the cat’s out of the bag now…
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[–]Odd-Role-_-redditor for 1 week [score hidden] 48 minutes ago (0 children)
Who believes this is true?
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[–]Loupland [score hidden] 39 minutes ago (0 children)
Financial literacy turned out to be the thing we lacked most, as a population.
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[–]Cartographer345 [score hidden] just now (0 children)
What are the Pros and Cons of the federal reserve? Can the government
exist without it?
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