central bank can go practically bankrupt, but how?
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fiat money is what every country in the world uses, but having no intrinsic value is the biggest loophole of this system. in this video, it is about how a central bank can go defacto bankrupt.
0:00 - headlines
1:49 - fiat money has no intrinsic value
3:39 - prerequisite to control money at all
4:14 - do you want Venezuela Bolívares?
5:13 - how central bank loses value
5:56 - cashless society == control the money through energy
6:19 - if you overly owe the bank, the bank is the problem
7:18 - 524k outstanding loan over a supposed 82k limit, seriously?
10:01 - controlling people through inflation, taxes, and more
11:38 - that obsolete Venezuela banknote
12:14 - waking up people from their debts
13:20 - minting Trillion Dollar Coin == central bank expungement speedrun any%
17:28 - why governments want to regulate bitcoin desperately?
19:53 - the person who controls *all* the money, controls the world
20:55 - cashless society == fails by banning enough people
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