The only thing that's incorrect about that is the idea that the governments want to own crypto. I mean, they do, but they can't because it's decentralised and open source, value would tank overnight if there was any government involvement or takeover.
What they will do though is introduce some kind of centralised version as a way of completely getting rid of paper money, that's the next step in the fiat scam. The boomers just can't see it yet and we know this because they are pushing hard through the use of turning everything into digital cards and having that replace cash entirely.
Don't you ever wonder why gift cards, tap payments, payment apps and so on are pushed so hard? That's why, they're setting up the infrastructure now so they can just lock out people from bank accounts whenever they feel like it and prevent them from even making any payments or buying things.
Legit cryptocurrencies will potentially save us from this fate if it achieves mass adoption by normies. I would personally love to see a system of cryptocurrency for international and online transactions, then gold/silver for local.
Crypto production won't ever be directly controlled, since cash is already digital and serves that purpose. Normies have already been conditioned with authoritarian personalities, and newer generations have no inclination to reverse this trend. Crypto trading is already mostly controlled by the establishment, lumping it with other regulated commodities as an inflation/wealth hedge. The best we can hope for is that the crypto-bubble pop has shaken much of the dead-weight speculative asset trading. Maybe Monero will have a trickling uptake in utilitarian usage, which was necessarily delayed by the 2015-2022 crypto status quo.
The only thing that's incorrect about that is the idea that the governments want to own crypto. I mean, they do, but they can't because it's decentralised and open source, value would tank overnight if there was any government involvement or takeover.
What they will do though is introduce some kind of centralised version as a way of completely getting rid of paper money, that's the next step in the fiat scam. The boomers just can't see it yet and we know this because they are pushing hard through the use of turning everything into digital cards and having that replace cash entirely.
Don't you ever wonder why gift cards, tap payments, payment apps and so on are pushed so hard? That's why, they're setting up the infrastructure now so they can just lock out people from bank accounts whenever they feel like it and prevent them from even making any payments or buying things.
Legit cryptocurrencies will potentially save us from this fate if it achieves mass adoption by normies. I would personally love to see a system of cryptocurrency for international and online transactions, then gold/silver for local.
Crypto production won't ever be directly controlled, since cash is already digital and serves that purpose. Normies have already been conditioned with authoritarian personalities, and newer generations have no inclination to reverse this trend. Crypto trading is already mostly controlled by the establishment, lumping it with other regulated commodities as an inflation/wealth hedge. The best we can hope for is that the crypto-bubble pop has shaken much of the dead-weight speculative asset trading. Maybe Monero will have a trickling uptake in utilitarian usage, which was necessarily delayed by the 2015-2022 crypto status quo.