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RE: Christine Lagarde foresees the end of banking from cryptos - Why would a turkey vote for Thanksgiving?
Awesome post - so well put - depressing as hell, but I've long been thinking this and nobody else on Steemit is discussing it.
Do you think Monero is a potential work around?
Thanks a lot! I think there are a number of privacy coins that could help as work arounds for a while, but depending on the scenarios that they use to enforce compliance, there might not be much of a community to trade with any longer.
I think it all comes down to what percentage of people with no clue are using cryptos vs. the percentage that understand the fundamental need for full privacy, fully distributed blockchains, and no government interference. In the democratic processes our governments want us to be in (even though the US is supposed to be a constitutional republic), idiots can rule a democracy by simple volume of votes rather than by inherent individual rights and/or well established common law. In such a scenario, the end results will be driven by how many intelligent and informed people fight back for their rights vs. how many sheeple simply bow to new monetary masters.
The use of phone pre-pay cards in countries like Nigeria is interesting.
I'm hoping the "government" is in the no clues basket
The government is filled with idiots. The central banks controlling the governments behind the scenes are not... unfortunately for us.
Yeah, I just read the chapter in henry kissarseingers book about technology, and although I don't think the evil old psycho could have written it himself, it was surprisingly on to it.
Never underestimate the rotchilds!
These NWO guys would rape, torture, and kill their own families if they thought it would get them faster to their NWO end goals. They have no moral or ethical boundaries whatsoever. Add to this to the fact that many of them are highly intellectually intelligent and you now have the ultimate psychopaths that are essentially in control of the most powerful governments, corporations, economic systems, and war machines on the planet. Anyone that thinks that somehow the crypto movement is going to stop these guys is totally deluded. In fact it's just the opposite, they have seeded the crypto movement to get everyone to root for the new digital currency they are going to put in place.
This post by Anonymint will interest you sift666 regarding Monero...https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken