We are currently experiencing a complete crackdown on crypto. Through Executive Order 14067, President Biden is taking a whole-of-government approach to regulating decentralized crypto out of existence. The DOJ, FBI, Treasury, CFTC, IRS, and others have been fully weaponized.
If you are not familiar with Aaron Day, he’s a serial entrepreneur who is running for President. And while that may look like a long shot, he’s still got a lot of critically important knowledge to share that is worth our time ad attention.
Bitcoin was released in 2009 as peer-to-peer digital cash for use by everyone, bypassing banks and governments. In 2017, Bitcoin (BTC) was co-opted and transformed into a store of value, dubbed ‘Digital Gold,’ rather than serving as cash.
Down Under used to have a quaint, exotic nuance. A sort of shadows of penumbras but with a fantasy feel. The underside of the world. Uusal wildlife. Creeping tyranny toward a political underworld as this once Western-style democracy is quickly reverting to its roots as a penal colony.
Physical paper money solves some of the privacy and security issues inherent in central bank digital currencies (CBDCs). But a lot of people seem to have forgotten that government-issued paper fiat is the parent of a CBDC, and it won’t solve the more fundamental problem – whether physical or digital, fiat currency isn’t real money. What Is … Read more