3 years ago

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The Elites don't create. They adopt. The will extend their hands to the private sector to get them out of the mess that they have created.

They're not hiding this, Jerome is telling you they're moving forward with digital currencies. They have gathered the private sectors and smartest minds in the world to work on this solution. As Kristina has stated, the future has arrived.

I will tell you why Libra was torn apart. They planned a reset and big tech, facebook was muscling into the crypto sphere. A new coin doesn't bring attention unless the company the size of facebook is backing it. They tore it apart to keep the crypto market as low as possible. They simply were not ready.

Why is she comparing Breton Woods to the virus. That makes absolutely no sense. The virus is the catalyst for the reset. That is why they're both co ming up in the same sentence. Inflation is not stimulus for our economy however technology is. Technology has the potential to eliminate the inefficiency of our old economy. Trade, sales, shipping, payments, everything gets an update.

And this is why Libra was crushed from the get go. Governments, Central banks, the private sector the world is working on this solution. Facebook had the money to implement a solution on the global scale and that was a problem.

Look broadly a digital currencies. CBDCS or Central bank digital currencies are part of a bigger picture called the internet of value. Where money can become autonomous, programmable, smart contracts. CBDCS are going to interact with blockchain networks and other crypto assets. They want innovation. It opens up new markets and creates efficiencies in the old.

Seize the new Breton Woods moment by updating and evolving technologies. That will give them even more control and prevent liquidity crisis for the next time.

Crypto assets are settlement systems. The most advanced, fastest, cheapest, settlement systems that technology has to offer. Crypto assets are outside of the fiat system. In these crisis situations confidence can be lost. Banks freeze everyone's assets. They freeze transactions. The freeze everything. Jim Rickards has called this ICE 9. A crypto asset settlement system would still operate under these circumstance.

2008, they kicked the can down the road. What is different this time? Nothing they will kick the can down the road again. How? with crypto assets and CBDCS. The internet of value is going to save them. If it doesnt they will tokenize gold. The tokenization of gold and moving to a hybrid system is not the same as a gold standard. Domestically central banks will issue CBDCS that are not backed by gold that are fiat systems for the slaves while the powers that be, the nations, big tech transfer real money.

The payment platforms, the infrastructure to facilitate real time payments domestically are updated. Digitization has took hold. The simplest and easiest solution to understand is cross border payments. Trust-less assets that don't have 30T worth of debt on its back. that settle around the world instantly. Without the need for nostro and vostro accounts.
Bre woods is where they world decided to make the USD the world reserve currency and to back it by gold. Why would she compare Breton woods to the Virus? That doesn't make much sense unless they were planning a reset, unless they were about to fundamentally change the system.

Out of the ashes of 2008 financial crisis bitcoin was born. We are in 2020 and this technology is going to allow the world to skate through it yet again.

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