We were all played, money doesn't need to be regulated

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The dollar is currently seeing its last days of being the most utilized currency for the foreign exchange markets, the whole facade that money needs to be regulated would soon die down, people will be woken to see the truth about "value" and how this system of government has played on every sector underneath them. Fiat is not a reward for hard work, it's more like a destructive tool, there's no such thing as "backing" when it comes to creating value, the economy itself is a lie, the government are the biggest frauders, the Feds control the world, they wish to regulate money so they can have as much for themselves. If you were told there are only a trillion dollars available world wide, would you believe that shit? Come on, we've grown out of those ass shots

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The US dollar is backed by nothing other than empty promises

This is probably the juiciest thing I read yesterday. It's sad that there are a lot of things done under everyone's noses but it seems we all couldn't even smell it coming. Humans found a way to make paper seem so valuable that people began to utilize it as a trading pair in the exchange markets. Some people call out contents of this nature a conspiracy theory, but it's obviously nothing of such, but clear facts. Take the attacks on Stablecoins for example, the sec is after the industry because most of them have little compared to what they report to be available in reserves. The unavailability of reserve Fiat means it is at that instant "back by nothing"

Perhaps people are ignorant of just what feds have under their sleeves, but the truth is that the SEC is after these parties for operating Stablecoins with no reserve, whereas this is just what we're seen in banks dashing out loans that aren't in the store house.

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In case you're thinking how this works, the world isn't really run by the ones we often see on TV, the reserves control the world because they have been able to push aside the "gold era" which was obviously one of those life threatening times. They introduced a system whereas the "value" is just a mere sentiment and the masses bought the idea just because it is regulated by a small body. How long do we keep up with this nonsense?

Money moves from the Feds to the government with interest rates sky high, the central banks dish it out to commerce banks with interest rates sky high, the banks loan out 4× the amount they possess, just to meet the central bank requirements or else they will have to shut down. It ain't funny, but commercial banks have been given the bad names but the actual killers are the Feds.

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You figure that bank charges are a result of the interests they are supposed to pay to the government, and the government taxes are equally in place, not because of some dumbshit infrastructure development, but basically to pay back the debts owed to the federal reserves. This is how these guys can keep printing shit notes but charge so high for them valueless papers, business owners are then placed in a situation to adjust prices of goods and services, just so their taxes can be met, and they can still survive with the remains, which are still taxed.

We have been enslaved for years, it's all been about living in debt year to year, however, crypto is the only change the system can't control. Right from the very start, value is something determined by humans, a currency doesn't need to have a bunch of gold in the reserves to make it valuable, I mean what makes gold valuable in the first place is because humans have recognized its importance. Crypto is already at a mass level, it's no longer a three man business, it's already way too big to be stopped. The truth about Fiat will keep sparking out of every angle, and people will have a better picture of it all. What makes crypto valuable is because the masses have recognized it as worthy. There's nothing more valuable than having a huge number of people with a coming interest, working together. Crypto is already exposed to these values, and that will keep it scaling up to destroy the debt economy…

Here's a video to better explain this, it's long, but it's worth it, I guess…

Posted Using LeoFinance Beta



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9 comments
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True, money being regulated only profits governments and banks. And they make regulations only to help themselves and loot common people money by imposing various terms.

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They print debt, cause inflation, put up huge interest rates, and still tax the nation, that's how crazy it is...

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Very informative post and video. While I have been a big believer in “Fiat is Fraud” for a long time, even I didn’t know the Federal Reserve was privately owned by the banks they loan to.

I think, as crypto becomes more integrated into the economy of buying things, Goverment will try to force more control. They can’t let billions of dollars worth of value go uncontrolled or untaxed.

Heck, here in my state of New York, they already control crypto with banking laws. There are only a handful of official exchanges authorized, Coinbase being one. So I have to use Coinbase to link to my fiat bank account to be able to move it to Hive. And because Coinbase doesn’t trade in Hive, I must purchase another transition crypto and send it to another exchange that deals in Hive. All the while facing the danger of losing value if that transitional crypto is volatile to the downside. Not to mention when I trade the other way to take any fiat profit that amount may be reported to the taxing authorities.

Anyway, just wanted to add my thoughts. !BEER !PIZZA !WINE and !LUV to you - Hive on.

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It's pretty fucked up, but it is what it is.

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Upvoted!

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