It is Your Money

You just need our permission to use it

Welcome once again into the breach, my dear readers.  I apologize for the silence of last week, but events both technical and personal overtook me.  When last we spoke I told you about the fall of FTX and highlighted some of the strangeness around the company, as well as the moves by major players to capitalize on the instability that was caused (here).  It is with a heavy heart that I report things are moving at a fast clip to institute Central Bank Digital Currency (CBDC).

This, like so many things, does not smell fishy at all.  It isn’t like Sam Bankman-Fried (SBF) was deeply connected to political power brokers with a vested interest in nationalizing digital currency (here, here, and here).  There are serious questions about the mishandling of client funds, the Ukraine Crypto gateway, money laundering to political supporters, and what appears to be some form of Ponzi structure that are being investigated (here, here, and here).  It really looks like SBF might take the fall on this, or maybe not. It is impossible to say yet. However, it is clear by SBF’s blatant and freakish behavior, namely running his mouth (here) and his family’s political connections (here and here), that SBF doesn’t really fear prosecution at this point.

While the story of FTX collapse and the exploits of SBF are as mesmerizing as a train wreck, I think they are just the excuse and distraction.  I pointed out in my last missive that the United States Federal Reserve (FED), in conjunction with most major banking players, was testing programable CBDC (here and here).  The problem is this isn’t a secure and anonymous block chain like bitcoin that you can keep in an offline wallet that guarantees privacy (here).   While the Motley Fool seems very passive about CBDCs, as they list the problems but don’t fully illustrate and even downplay the issues, they do list them.  With CBDCs there is no privacy at all. The FED will know exactly when and how you spend every penny and with a few key strokes can globally restrict any kind of transaction they choose.  The worst part is for years the FED has played both sides of the field, being that they are a private entity and shouldn’t be audited as it threatens their autonomy (here and here). However, when it is convenient the FED is a government agency (here).  So ultimately, the FED decides you can’t buy guns, your money won’t work for that. The FED decides who you can and can’t donate to, and when this is challenged, well, it is a private company, it doesn’t have to follow the constitution.  While the FED currently has significant power to choose winners and losers in the market, the CBDC will give the FED ultimate authority to decide, not only winners and losers, but how and when you can spend your money.  Note, the FED is an unaudited, unaccountable, monolithic entity (here and here).

CBDC would not only give the FED the power to control the supply of money, as they have now (doing a bang-up Job of it too here) but would also allow them to control how the funds are used.  To me that is even more unacceptable than the currently unacceptable power the FED wields.  While I risk impeaching the entire monetary system of the United States (US) for the last 109 years, I think this is a good time to look at what authorization does the government have to make money.  For that we will go to the constitution Article I, Section 8, Clause 5, the only place in the constitution that this power is mentioned. 

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures

Reading that and knowing our founders had just lived through the spectacular failure of the Continental fiat dollar (here and here), it seems clear that by using the term coin (not print, and printed money was an option at the time) and linking it directly to the power of setting weights and measures, the original intention was for US currency to be metal coins (we can assume gold, silver, and copper since that is what they did shortly after).  Under duress, and in questionable circumstances, the Supreme Court ruled narrowly in the 1930s in favor of fiat, as well as other new deal policies, after first rejecting them (here).  I do not think our current court would rule the same way.  Anyway, from my simple everyman reading of both the constitution and the writings of our founders, the current monetary system is so far removed from original intent as to be criminal.  To take it a step even farther, granting control over how and when you spend your money to a pseudo- government entity is beyond the pale.  Interestingly, this does line up perfectly with the US Government hiring 82 thousand more Internal Revenue Service (IRS) agents with the anticipation of raising an additional trillion dollars of revenue (here).  These are the same new agents whose job description read more like that of a mercenary than an accountant (here and here).

If you haven’t caught on yet, the new agents, CBDC, and many other moves being made in the US and really globally (here) are not about stopping tax cheats, catching drug traffickers, or preventing human trafficking (looks like the government is 100% in bed with that here and here).  The criminals will find a way and CBDC may even help them launder their funds.  The drug trade becomes a barter system for real goods that then are sold and the money is clean.  Bottom line, crime finds a way, it always has.  All of this new enforcement is targeted at regular people working in the gig economy, kids that mow lawns/shovel snow for cash, and any other job that might have some form of person to person cash payment the government wouldn’t know about.  First, they came for the lemonade stands (here) and now they come for everyone.

Sadly, it does get worse. Apple is in on the deal, probably to use their phones as wallets for CBDC.  This is the same Apple that shutdown secure device-to-device air drop file sharing that protestors in China were using to communicate free of Chinese Communist Party (CCP) interception 10 minutes into the protest.  The same Apple that in 2019 removed an application used by Hong Kong protestors to track CCP police  (here and here).  This is how Apple treats peaceful protestors that have been abused and mistreated for years, all while using literal slave labor from political prisoners to make its phones (here and here).  Apple is also using its partial mobile device monopoly to threaten Twitter for allowing free speech (here, here, and here).  Apple has a long history of supporting authoritarian policies at the cost of the people (here). It is also good to note Apple was all for the burning, pillaging, and raping of American cities during the summer of 2020 (here). Do we really want tech giants like Apple to be in control of our money? What is to stop them from saying you can’t use our wallet to buy A, B, or C items or suspend your access to funds due to carbon usage?  They can stick it in the fine print user agreement that no one reads and all the sheep will agree without even reading it (South Park did an insanely funny episode on that here).  Don’t take that to mean Google is a marked improvement. However, they have not been found to be so blatantly abusive, yet.  It is also relevant that out of the box, without altering the phone, all android devices can install applications from sources other than the app store and the user has much more control over what application accesses what data on their devices than Apple users.  With Android users can also choose to use custom images (with a little tech skill) and, depending on what they pick, can cut Google totally out of the equation and still have most or all of the functionality of their devices.  None of that is possible with Apple.

The take away here is that CBDC is essentially a back door to near total control.  In the beginning it will be fine. There won’t be restrictions or problems.  Then, at need or after some time, the restrictions will begin, you know, private companies can restrict what they want.  Nevermind that the restrictions are at the direct request of the government, just like with misinformation that happens to actually be true (here, here, and here).  Then, eventually the government will give up all pretense and a decade later, maybe less, what you can and can’t do with your CBDC will be dictated to you, probably in conjunction with an ever-shirking carbon points budget.

Really, this government, main stream media (MSM), and big tech collusion to brainwash, propagandize, and control the American people is what Elon Musk’s acquisition of Twitter threatens.  That is why there is such a huge hubbub over it.  Free speech, transparency, and fair rules with evenly applied standards in major social media platforms, a major platform that sponsors honest discussion of issues, that leave people free to not only explore all the angles, but decide for themselves without someone labeling “truth” (that often isn’t) is a serious threat to the establishment.  It is one of the few avenues left where they might be stopped, pushed back into the shadows, or slowed significantly at the least.  That is what the establishment and their shills in MSM can’t stand.

There will be more on Twitter later. For now, what can we do?  Vote with our dollars and abandon Apple everything because to support them you support slavery, tyranny, and are paying for the erosion of your own freedoms.  Write letters, send emails, and make phone calls to people at every level of government rejecting CBDC.  Stock up on silver and gold coinage, rounds, and bars so you have a means to make physical transactions on the non-CBDC black market of the future.  Most importantly, pray.

 Revelation 13:17

So that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name.

God Bless you,

-Sam