Hey Ryan,
Thank you for bringing this topic up.
Is Bitcoin 4D STO technology, or based upon STO principles?
The entire Crypto space, appears to be what the PTB is adopting to roll out its new digital economy once its destroyed the dollar. And Covid-19 seems to have been the perfect opportunity to speed along deliberate destruction of the economy to rollout the Feds new economy.
Jerome Powell, Chair of the Federal Reserve has stated Publicly that we are not going back to the old economy. That we are moving forward toward a ‘new’ economy. One more 'leveraged' toward 'technology'.
That technology being blockchain and digital currencies.
What they seem to have done is Create a problem (shut down the economy), wait for the reaction (people need money), come in with the solution (Universal Basic Income delivered & monitored via blockchain technology).
To me, it just appears to be another phase of the STS plan coming to completion as blockchain and digital currencies gain world recognition and adoption.
Do Bitcoin and other cryptocurrencies have a role to play in causing the 'elite' to lose control of the planet?
I think it’s related to gaining MORE control over the planet. However, I don’t think it will be done via bitcoin. But two other projects; XRP & XLM. All I can say here is DYOR in this area as the rampant speculation makes it a muddy topic.
But certain characteristics of these two projects, events surrounding them and the creators behind them i.e. Jed McCaleb, have made them suspect as being the possible ‘chosen’ tech behind the new digital economy.
Is Elon Musk promoting cryptocurrencies because he knows they are a 'thorn in the side' of the PTB?
I believe Elon has said something to the affect that he’s been doing this as it would be ironic if the most unthought of currency (Dogecoin) ended up being the World Reserve currency. It’s also speculated he is part of the PTBs plan whether he knows it or not.
Is "Tether" a sort of 'trojan horse' for a digital US dollar?
I can’t comment on this specifically other than, from what I’ve seen is there seems to be some sort of massive fraud associated with Tether that the SEC seems to be deliberately ignoring. More research needed in this area.
Are legitimate cryptocurrency projects a good form of investment?
I’ve made modest returns on some of mine. I also know of others that have done extremely well. I do plan to hold them for as long as possible. If the Fed does in fact plan to rollout a digital economy and the planet is still here, the potential for those investments is quite high.
In other words, early adoption for something that has been stated publicly by some of these companies, as being NOT intended for the public. A lot of good could be done for others and this community if it does play out that way and you have a position.
However, it's also been said by Brad Garlinghouse, CEO of Ripple (Company behind XRP) that in the new digital economy, only the 1% of Cryptocurrencies will survive as MANY are simply based on speculation and have no real use-case.
Are major cryptocurrencies likely to protect wealth through any coming economic downturn?
This is why I’ve invested in certain projects; they may be a current hedge against the dollar. The applications and potential for returns on investments with some projects are actually quite staggering if you know what you’re doing with them.
What do other people think? Anyone have any additional ideas on this subject?
I got into the Stock market and Cryptos mid way through the pandemic. I came across two YouTube channels that have been pretty much spot on throughout the entire economic development since then. One guy is good for understanding the movement of the stock market. The other for Cryptos.
Bit of a disclaimer for this one:
Gregory Mannarino
This guy is good. Real good at calling where the stock market and debt markets are moving to. However, he’s quite crude and inappropriate in a LOT of his personal commentary that's a bit hard to stomach at times. I’m also extremely skeptical of him and his following of which he refers to as “His Lions”.
He also appears to be a Freemason
Reminds me of the evil magician story which has always made me extremely cautious about possible underlying motivations. Whether there’s malicious intent there is to be seen. But, the information thus far has been reliable in terms of market analysis.
https://www.youtube.com/c/GregoryMannarino
The Crypto Teacher
Loud and a bit eccentric but his understanding of the intentions behind cryptos makes a lot of sense to me. I wouldn’t say he has the whole banana but he’s definitely on to something.
Channel for Crypto
https://www.youtube.com/channel/UCssQ5UmuGULCQtdG0fx_RrA
Channel for Stocks
https://www.youtube.com/channel/UCROXggKPYERIGrvr49mhjWQ
Very interested to see if we could get some questions to the C’s about Cryptos. And more specifically, how long the PTB might have a world digital economy in place, before the grid gets wiped out and the economy implodes.