"Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; debt is the money of slaves." This is how Norm Franz, author of the book Money & Wealth in the New Millennium described money just a few decades ago... For us plebs, money is what we have in our bank accounts and spend on a daily basis.
For other individuals, money is what holds value over time and even increases it while being accepted and exchangeable for any garbage form of cash the society offers at that time. Money hasn't changed much in our history as a specie. I guess clothes and even food have benefited from a much more diverse evolution than money did.
People can no longer buy, sell, or transfer handguns within Canada – and they cannot bring newly acquired handguns into the country, said Justin Trudeau in a tweet recently. I don't know if you see the narrative/direction, but it's not heading toward fulfilling any dream, whether American or not, but rather filling the puzzle pieces of many conspiracy theories out there.
You will own nothing and you will be happy. Fuck that, I want to own everything, but before discussing wealth and abundance, let's look at another piece of news that came out today which is also part of the grand master plan of total control of the elites over the plebs.
In another foretaste of potential future ‘carbon allowance’ limits, a major bank in Australia has introduced a new feature that links purchases to a customer’s carbon footprint and warns them when they are going over the average. Not only that your money is not actually yours as long as you hold it in the bank, but you're not even allowed to spend it as you wish...
The article has a few screenshots on how such a bank profile would look with details such as how many driving miles your purchases equal to and how many trees cut "you've spent today". You can offset the limitations of course by paying a fee which will create even higher discrepancies between the rich and the poor, but it all ties together.
With this situation surfacing right now, it is once again clear that banks are indeed spying on us, they don't make a lot of fuzz about it, but they do it and now they're creating carbon allowance limits. Soon they'll be on their way to making social credits a thing, which is something I really don't want to be a part of. My country is an ex-communist one and at least from my parents' talks, I know what excessive governmental control feels like.
Oh, I almost fogot CBDCs... I know, @edicted said these are not going to happen, but I'm still not yet convinced of that. "By programming CBDC, money can be precisely targeted for what kind of people can own and what kind of use this money can be utilized." Bo Li, IMF Deputy Managing Director is the owner of that statement. These forms of programable money coupled with carbon limits and social profiles would make an end to the world as we know it.
It's not all doom and gloom, though, crypto is once again playing the role of the savior. Coinbase offers commission-free trading for non-USD currencies and Tether USD₮ will be available in over 24,000 ATMs across Brazil. I wonder what carbon emissions will be attributed to buying USDT or USDC by using your bank account...
I also think of the idea of doing that and spending the USDT and USDC instead of traditional cash just to circumvent the creation of carbon and social profiles. Cuz you can. There are plenty of ways of spending crypto right now without converting it into cash to your bank account/card. Money has not evolved much over time, but since the creation of Bitcoin, it is somehow doomed to go through such a process.
You can't buy much with physical gold, it's almost impossible to use it in that manner, but you can for sure trade some bitcoin for USDC or USDT and spend that for whatever you need. What do you think?
Thanks for your attention,
Adrian
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