Comments by "Francis Ty" (@francisty139) on "Desperation As BRICS Put Dollar's Exorbitant Privilege on The Line." video.

  1. People forget that there is a "Gold Standard" because countries of ancient times adopted the "Gold Standard". He who controls the world dictates what is the standard. The Dollar is not backed by Gold. It is backed by its Weapons.
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  2. Ā @fsmsuperĀ  But what we learned from the history of Empires is how they managed their societies too and not necessarily their financial systems. They can use many ways to control the masses to develop their war potential. Besides. If you were listening to Max Kaiser of RT America since 2011, what's happening right now should not be a surprise. Everybody is going for Crypto. Gold is just a red herring at this point. Testbook case is China. Why depend on Gold when your finances are controlled digitally? That digital gold is backed by the technology and the prosperity and of course the weapons of your nation. In other words, the Fiat Dollar was always destined to Fall. It is by design. Putin knew it. How do you think BRICS came to be?šŸ˜ Never forget. When you want to control a population, you need a financial system that can control that population. Crypto Currency can be backed by natural resources, weapons or gold. In other words, Crypto can be backed by anything. My statement basically means, we are all out of luck. Sure Gold will be accepted by some countries in the short run, but we are talking about the Military Industrial Complex of the West here which caused this Global Economic Depression in the first place. WTO. Ahem! All manufacturing in China. Always no to Russia. In the long run, the Gold Standard will lose its meaning with Crypto Currency.
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  3. Ā @draspotnukĀ  The Gold Standard only applies to the Fiat form of money. It includes gold coins of ancient times. Copper coins etc. But with Crypto Currency, it can be backed by anything. Crypto Currencies can be backed by the resources of your country. Backed by the weapons of your country. They can choose to back it with Gold or Plutionium or Uranium. Crypto Currencies are flexible. Fiat money isn't. That is why Jaime Diamond was laughing why he didn't care about the price of gold, because with Crypto, you don't need gold to back you up. China already proved it. The Yuan is backed by the CCP and not necessarily Gold. Never forget. Money is there to control the population of societies. Crypto Currencies are more efficient. That is why as we say in the Revelation Game business, "In those days, you will not be able to buy or sell without the Mark of the Beast." Crypto Currencies will be efficient and friendly to people until it gets abused like what Justin Trudeau did in Canada by freezing accounts. This is why there is BRICS & there is still the unnamed Currency of the West. Make no mistake. Only one world crypto currency will prevail. Power maybe temporary but it is up to you how to weild it efficiently to outlast gold which is old technology.
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  4. Ā @fsmsuperĀ  Crypto Currency will replace Gold because Crypto can be backed by anything such as the resources of your country for example. Crypto was always destined to replace the dollar. Bit Coin was just an experiment in enjoying the convenience of Crypto. The CCP digital Yuan showed that you could use Crypto as money to control your population even if it was not based on gold but using social credit scores. In this game, only the smartest Empire survives. Good for them but not for us.
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  5. Ā @draspotnukĀ  Straying from the Gold Standard only applies to Fiat money which includes ancient coins. With Crypto currency, the sky has no limits. It can be backed by anything. Even social credit scores like how China demonstrated. Don't forget, as countries begin to tap the natural electromagnetic energy generated by the Earth, good luck in giving the excuse that the digital virtual system might go down to argue to retain Fiat money. It will be their selling point why you do not need Fiat money no more. Once Crypto Currencies are the norm, gold will just be another commodity and nothing special.
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  6. I am saying this right now. CRYPTO CURRENCY will REPLACE GOLD & FIAT MONEY. Who's Crypto will be the replacement? We shall see. Crypto has many advantages and many disadvantages. Crypto can make all our lives easier. But if used to control you like in China, Crypto will make our lives on Earth miserable.
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