The Crypto Achilles Heel: public distributed electronic ledger

BRan...Wd2i
8 Feb 2024
5

Having grown up in a world without the Internet. Where paper files were king and coins and bills were money backed by gold, the world seemed a stable place. Since 1972 or there about when the USA became a total fiat currency the end was written for the Federal Reserve Note, corporate currency. Creating the power of the US Government to "Do What Thou Wilt" and thus war after war after war. This fraud that has been played out over 100 years on the world is seeing the end of its days. Oh, it may be around in some countries but as the world turns to gold and crypto, the fiat currencies are being created into the trillions, with no plan to every pay back the money borrowed. We live in a world where the irresponsible is rewarded with kickbacks and bribes called campaign contributions and the public be damned. We are ruled by incompetence.
We hear the growing shout from the criminal corporate banks that they will issue Central Bank Digital Currency, more worthless corporate currency in digital form. Now I ask you, who would really want to be paid in ghost currency that only exist as a digital images in a computer with a algorithm controlling the flow of wealth you earn and can spend. 
Electronic Ledger currency is just a digital illusion that the world banking criminals wish to impose on the population to control there every move. You can bet they will abuse every opportunity in the system to cheat the public, walk all over the public, threaten the public and jail the public for not accepting their "fake CBDC" fraud.
Crypto is not immune to the corporate hacks. They will do all in their power to take control of the crypto market if they do not already own it. Also people do not seem to realize Bitcoin is a public ledger, much like CBDC where banks and government will know where you sent your assets. That does not seem like a good system where the entire world can see the transactions that are taking place. What happened to privacy? I do not want a world of transparency as many people shout about in crypto and the CBDC. 
Real money is not on a electronic ledger I do not care how it is created. Poof currency from the central banks or crypto mining there is really not much difference in the long run. If the electronic grid goes down, so to all banks, all computers, all electronic transactions STOP. You will have no access to the currency no matter if it is CBDC or Bitcoin.

The weakness of modern electronic ledger currency is, it goes away if the electricity goes away. Oh you may be able to recover it but if it is not in your hand when the electronic ledger is down how will you survive with your crypto on the electronic ledger. 
You may be a multimillionaire on the electronic ledger but if you cannot access it your a just another pauper.
 

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