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Cash Will Be Obsolete Soon

[media=https://youtu.be/geJbloTLfLo?feature=shared]

The world is beginning to lean strongly toward cryptocurrency. It may soon become a cashless society and mandatory..... Trump may just lead this into play. (They will be throwing their silver and gold into the streets / meaning what is termed money will have no value)
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whowasthatmaskedman · 70-79, M
OK.. You lost me at "Trump" This is a follow up to his "Crypto led recovery plan for the US". and its a scam right up there with gold painted sneakers.. Of course the MAGAts wont listen. But hey, its their their kids orthodontic or collegs fund.. I cant think of a surer war of making them an underclass in the long term than turning them into Cletus from the Simpsons..
All Crypto currencies have the potential to scam their holders, without exception. Add a Trump to the mix and you can smell it a mile off.. (By the way.. There is no way, even with the best will and most honest brokers, that Crypto currency will help Americas foreign debt. Just ask Donald to explain how.. He doesnt know either..😷
SDavis · 56-60, F
@whowasthatmaskedman

**If Donald Trump becomes president** there are Elon Musk who pledge 45 million a month to Donald Trump's campaign & Jared Kushner - both supports various forms of cryptocurrency and both seems to be good and successful and deal making.

[media=https://youtu.be/qOqRjFnHXoQ?feature=shared]

https://www.theverge.com/2022/1/17/22888225/jared-kushner-us-treasury-mnuchin-government-federal-cryptocurrency-trump-white-house


President Biden was giving thought to forms of cryptocurrency.

https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/

https://www.federalreserve.gov/central-bank-digital-currency.htm

[media=https://youtu.be/wWWd99AJPmg?feature=shared]

If it's a way for Trump to make financial gain out of any form of cryptocurrency he will, and just may usher in the cashless society which is something the government has been plotting since the late 1980s. Most things are done digitally these days, from the car wash, to the laundromat, to the checkout counters, buying, selling, trading are credit / debit cards - so it's already in the works.
whowasthatmaskedman · 70-79, M
@SDavis OK. Lets start at the beginning. Elon Musk reneged on the donation offer and said so publicly. Bidens musings were about some sort of regulation to keep the pirates under control in cryto currency to monitor transactions hat might be criminal. And Trump is not anything in the US government right now. So him taslking crypto is not the same as the government looking at it.😷
SDavis · 56-60, F
@whowasthatmaskedman

This is what I mean when I say the government looking into digital currency which is a form of cryptocurrency. I was not referring to it being the same as Trump looking into it.

[media=https://youtu.be/gc4AMfwjY7o?feature=shared]

People expected for Hillary to win but the electoral vote gave the election to Trump. So regardless of his standing there is always the possibility - and his standing wasn't very good in 2016.


This is what I meant when I put Trump in it.............. Musk still supports Trump even if he reneged his pledge of 45 million a month as you said and if Trump wins it will be Trump and Musk and Kushner.
https://www.cbsnews.com/news/donald-trump-elon-musk-government-efficiency-commission/

Headline 2 days ago ::
https://www.business-standard.com/world-news/us-presidential-polls-elon-musk-endorses-trump-his-workers-back-harris-124092000278_1.html

Headline 16 hours ago::
https://fortune.com/2024/09/21/kamala-harris-campaign-finance-wall-street-silicon-valley-elon-musk-crypto-donald-trump/

People are missing the point, completely; these billionaires are all getting into forms of cryptocurrency - the US government is looking at forms of cryptocurrency..... And other countries are beginning to look at cryptocurrency.
I reiterate - on the way to a cashless society credit / debit cards who was the beginning - internet made it more with widespread / leading to digital currency.

And when I read reports from substantial and accredited companies / medias I have a tendency to listen.
whowasthatmaskedman · 70-79, M
@SDavis I agree with you that many billionaires are moving their money withinb Crypto. Its harder to track, easier to move and impossible to tax. So why wouldnt they? However, what Trump was floating was the idea of HIS new brand of crypto (presumable called "The Trump") a being the saviour of the US economy. And the US economy can actually to less with a Crypto currency than it can with the $US. If he launches this it will be like Truth social. Nothing to back it and the only person to make anything will be Trump. Because it will be other peoples money in it and he takes his cut off the top. As he has with the Truth social shares. He put up zero money, for close to 60% of the business.. If he sells the shares for $1 he still makes millions, off other peoples money..😷