Ignore The Unproductive Central Planners And Use Bitcoin
To fully cut the unproductive class away from the levers of control, the productive class must use bitcoin to secure the layers outside of money.The below is a direct excerpt of Marty's Bent Issue #1337: “Ignore the unproductive central planners.” Sign up for the newsletter here. (Source) The unproductive class is doing its best to ruin the global economy. This class is made up of politicians, bureaucrats and central bankers that have been enabled by a global administrative state expanding at an ever-increasing pace since the end of World War II. Those individuals who make up the....
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Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or the transaction means.” Denmark’s Central Bank Governor Tempted to Ignore Cryptocurrency Danish central bank governor Lars Rohde discussed cryptocurrencies on Bloomberg from Copenhagen on Wednesday. He was asked whether the central bank sees the rise in cryptocurrency trading as a serious....
With the continual rejection of a bitcoin spot ETF but approval of a futures ETF, the SEC is tipping the scale in favor of controlling the market.
There is historical precedent for China’s resistance to bitcoin, a money that enables freedom and individual pursuit of capital.
Central banks are increasingly showing interest in blockchain technology as it has the potential to reduce costs and increase the efficiency of its operations. The interest in cryptocurrencies and their underlying technology is at an all-time high. While the climbing Bitcoin price stands proof to the increasing interest in the digital currency, at least 100 research and white papers published by various banking and financial institutions vouch for blockchain technology. The global economy is based on a centralized model, but increasingly the Central Banks that play a major role in monetary....
Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of the total value in circulation. In addition, the bank says that governments and central banks know that cryptocurrencies are here to stay and are expected to start regulating the industry this year. Bitcoin Is Too Important to Ignore Deutsche Bank Research published a report last week entitled: “Bitcoins: Can the Tinkerbell Effect Become a Self-Fulfilling Prophecy?” It is part three of “The Future of Payments: Series 2.”....