{"id":58115,"date":"2021-06-03T06:24:09","date_gmt":"2021-06-03T11:24:09","guid":{"rendered":"https:\/\/olduvai.ca\/?p=58115"},"modified":"2021-06-03T06:24:09","modified_gmt":"2021-06-03T11:24:09","slug":"the-cyberattacks-are-to-force-the-end-of-paper-money","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=58115","title":{"rendered":"The Cyberattacks Are to Force the End of Paper Money"},"content":{"rendered":"
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The Cyberattacks Are to Force the End of Paper Money<\/a><\/h3>\n<\/div>\n
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I find it interesting how nobody seems to distinguish between a digital currency and blockchain cryptocurrency. The former is not traceable other than that transaction. To eliminate cybercriminals, the World Economic Forum is pushing ending paper money and moving to cryptocurrencies \u2013 not digital. With blockchain, the government would be able to trace the money to the criminal. The side benefit will be to ensure everyone pays taxes on everything they ever dreamed of. This is the\u00a0REAL<\/strong>\u00a0purpose of cyberattacks that are private decisions and outside the jurisdiction of government to trace and prosecute.<\/p>\n

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This is why Klaus Schwab is warning of cyberattacks. This is to end commerce globally without government-trackable cryptocurrencies. In 1934 when Roosevelt confiscated gold if you had money on deposit in a bank, which had been in gold coin, Roosevelt seized it all. The difference between a digital currency you use today with a debt or credit card is that is not traceable beyond a single transaction. Bitcoin using blockchain allows the government to trace every person who had that Bitcoin in the flow of money. Crypto is far more than digital and they never want to talk about that either. They will tell you no more credit card theft. Everything will be 100% secure. You will no longer be able to find a $5 bill in the parking lot.<\/p>\n

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I have written before how the Romans tried to outlaw prostitution declaring you could not pay a prostitute with a coin that had the image of the emperor which they all did.\u00a0 So they created these tokens you would buy from a money changer, you would pay the prostitute and she accepted them because she knew she could go to the money changer and he would convert them to coin.<\/p>\n

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\u2026click on the above link to read the rest of the article\u2026<\/p>\n

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The Cyberattacks Are to Force the End of Paper Money I find it interesting how nobody seems to distinguish between a digital currency and blockchain cryptocurrency. The former is not traceable other than that transaction. To eliminate cybercriminals, the World Economic Forum is pushing ending paper money and moving to cryptocurrencies \u2013 not digital. With […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[5496,15611,14515,4955,379,5479,1100,14742,889],"class_list":["post-58115","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-armstrong-economics","tag-cryptocurrency","tag-cyberattacks","tag-digital-currency","tag-government","tag-martin-armstrong","tag-paper-money","tag-wef","tag-world-economic-forum"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/58115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58115"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/58115\/revisions"}],"predecessor-version":[{"id":58116,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/58115\/revisions\/58116"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}