New global monetary system

[DBCowboy]

I can't really believe how people forget we are also on the cusp of a quantum computing revolution...

And they proclaim 'unhackability' now...
meanwhile their 'security' track record is already abysmal...

"We will take all your "money"... it will be safe.

- famous last words.

"And you will be happy"

end quote

[quintessentone]

I can't really believe how people forget we are also on the cusp of a quantum computing revolution...

And they proclaim 'unhackability' now...
meanwhile their 'security' track record is already abysmal...

"We will take all your "money"... it will be safe.

- famous last words.

This has to come with a legal contract guaranteeing our money is insured, as exists with the banks now. If billionaires running this pump and dump, market manipulation crypto scheme with no changes to the bottom up feeding the top rich, then we all need legal recourse. Banks may go down, but billionaires and upcoming trillionaires never will go down, except hopefully in the courtrooms.

[cherokeetroy]

This has to come with a legal contract guaranteeing our money is insured, as exists with the banks now. If billionaires running this pump and dump, market manipulation crypto scheme with no changes to the bottom up feeding the top rich, then we all need legal recourse. Banks may go down, but billionaires and upcoming trillionaires never will go down, except hopefully in the courtrooms.

I'm not entirely sure what the regulatory rules will be surrounding crypto and stablecoin but atm crypto holdings are treated more as investments while stablecoins are seen more as currency for every day transactions

So stablecoins likely will be insured because regular banks are going to issue them and Neobanks like Peter Thiel's Erebor Bank will deal solely in digital assets and it was just approved by FDIC

[cherokeetroy]

Jeffrey Epstein emails reveal he was linked to Bitcoin’s early ecosystem

The biggest red flag is how close Epstein was to Bitcoin funding channels and early development circles

Here are the main links:

- MIT Funding
Epstein sent $850,000 to MIT between 2002 and 2017
Part of these funds supported the MIT Digital Currency Initiative, the group that paid Bitcoin Core developers during a funding crisis

- Developer Connection
The DCI was paying people like Gavin Andresen and Wladimir van der Laan when the Bitcoin Foundation ran out of money
Epstein visited MIT nine times
He met staff privately
His name was hidden internally
They called him “Voldemort"

- The Manhattan Meeting
Emails show a meeting inside Epstein’s mansion with:
Brock Pierce (early Bitcoin investor, co-founder of Tether)
Larry Summers (former US Treasury Secretary)
They discussed Bitcoin long before it became mainstream
Summers said Bitcoin had “opportunities,” but he worried about his reputation if the price collapsed

- Steve Bannon Connection
In 2018 Epstein emailed Bannon asking how crypto taxes worked
He wanted advice on receiving coins, paying with coins, distributing coins, and avoiding campaign finance rules
Bannon replied “On it” and connected him to FEC experts and crypto veterans

- Early Crypto Research
Epstein’s Amazon logs show he bought books on Bitcoin, Ethereum, blockchain, and negotiation strategy
This was in 2017, while he was trying to rebuild his network
These five links alone show Epstein had access to developers, regulators, politicians, donors, and early crypto investors

And none of this was public until now

The emails show:

- MIT underreported the donations
- Epstein visited through back doors
- Meetings were not logged
- Senior MIT officials approved the money privately
- Bitcoin developers were funded during the same period

[cherokeetroy]

Wallstreet Journal

[cherokeetroy]

Link

[quintessentone]

I am just trying to learn this stuff.

So with China's digital currency policies there will be no privacy so as to not be able to evade taxes, but with some other countries privacy will be maintained and no ID will be required? Am I understanding that correctly? How hackable are these digital banks?

The 2025 CBDC Tracker: Which Countries Are Leading the Digital Currency Race? - Cryptopolitan

AI:

"Here are some cryptocurrencies and platforms that do not require ID verification:

• Bitunix: Allows trading without KYC, requiring only an email and password. 
  
  
• Phantom: A wallet for the Solana ecosystem that does not require ID to use. 
  
  
• Trust Wallet: A popular mobile wallet that supports no KYC. 
  
  
• MEXC: Offers no KYC trading but may require verification for certain limits. 
  
  
• XT.com: Another platform that allows anonymous trading without ID verification. 
  
  These platforms provide a way to trade cryptocurrencies while maintaining privacy and anonymity. Always ensure to use reputable platforms to protect your assets"
  

----

How hackable are these platforms?

[cherokeetroy]

I am just trying to learn this stuff.

So with China's digital currency policies there will be no privacy so as to not be able to evade taxes, but with some other countries privacy will be maintained and no ID will be required? Am I understanding that correctly? How hackable are these digital banks?

The 2025 CBDC Tracker: Which Countries Are Leading the Digital Currency Race? - Cryptopolitan

AI:

"Here are some cryptocurrencies and platforms that do not require ID verification:

• Bitunix: Allows trading without KYC, requiring only an email and password. 
  
  
• Phantom: A wallet for the Solana ecosystem that does not require ID to use. 
  
  
• Trust Wallet: A popular mobile wallet that supports no KYC. 
  
  
• MEXC: Offers no KYC trading but may require verification for certain limits. 
  
  
• XT.com: Another platform that allows anonymous trading without ID verification. 
  
  These platforms provide a way to trade cryptocurrencies while maintaining privacy and anonymity. Always ensure to use reputable platforms to protect your assets"
  

----

How hackable are these platforms?

I think the argument will be made that AI run blockchain is more secure than the system we have now which Trump called "archaic and broken"

Theoretically, it probably is more secure but I don't think we're really going to know until we're both feet in

There will always be hacks, loopholes & backdoors

 The real issue for me isn't so much about the infrastructure but the people who will have control over it

 There are legitimate questions and concerns but an overall lack of public discussion or consensus

 They are forging ahead with these revolutionary changes mostly under the shroud of secrecy 

 Handshakes and government-corporate mergers in quiet backroom deals silenced by NDAs

 When the digital system is finally implemented with rails up and running the window for debate will be closed

 Everyone will be faced with the choice to either comply or be left behind

[cherokeetroy]

Link

[quintessentone]

I think the argument will be made that AI run blockchain is more secure than the system we have now which Trump called "archaic and broken"

Theoretically, it probably is more secure but I don't think we're really going to know until we're both feet in

There will always be hacks, loopholes & backdoors

 The real issue for me isn't so much about the infrastructure but the people who will have control over it

 There are legitimate questions and concerns but an overall lack of public discussion or consensus

 They are forging ahead with these revolutionary changes mostly under the shroud of secrecy 

 Handshakes and government-corporate mergers in quiet backroom deals silenced by NDAs

 When the digital system is finally implemented with rails up and running the window for debate will be closed

 Everyone will be faced with the choice to either comply or be left behind

Oh no doubt the marketing will be top notch and subliminal through digital means with nobody answering the phone in Customer Service.