Doc Sandoz
Member
- Joined
- Jun 21, 2020
- Messages
- 821
The "vaxx passport" as entry to CBDC. Do not fall for the PsyOp. Do not comply.
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Its extremely unlikely they will take out the internet as it is too good of a control tool. What is more likely is that they ban anonymous usage of the internet. Theres a cyber attack, and then they say every needs to access it only with government approved digital ID.I seriously don't know but I am curious, If they collapse the internet, take it out (cyber attack of some sort) how would you use crypto currencies?
?Its extremely unlikely they will take out the internet as it is too good of a control tool. What is more likely is that they ban anonymous usage of the internet. Theres a cyber attack, and then they say every needs to access it only with government approved digital ID.
How would you use regular currencies? Or your bank? Or work? Or have electricity, water, and gas?I seriously don't know but I am curious, If they collapse the internet, take it out (cyber attack of some sort) how would you use crypto currencies?
Well from past experience with natural disasters, cash was still accepted, primarily because people believe these things temporary. My thought was related to earlier this year with the cyber attack on the oil pipeline eastern US, there were gas outages for roughly 10 days. Not a huge deal, as I filled everything we had up on the first news report, many people don't pay attention and they were left with whatever gas they had for a week. This temporary outage caused disruptions of not only gas but grocery store shelves were in slim supply, kind of like they tend to be now but maybe a little worse. So it seems crypto would not work in a full internet outage, or am I missing something?How would you use regular currencies? Or your bank? Or work? Or have electricity, water, and gas?
There's a lot of things that rely on the internet today beyond just cryptocurrencies.
Localized or temporary outages are one thing. A full on collapse, and a lot of things are going to be crazy.
I agree it's too good of a tool to control the masses, and as you seem to suggest taking it down for a month or even two would have people begging for this idea of a digital ID to get back on. The disruption and chaos from a complete outage would be insane and help further whatever agenda they want. How would crypto work when the internet was down? I'm not suggesting it's gone, but how would you use it if needed?Its extremely unlikely they will take out the internet as it is too good of a control tool. What is more likely is that they ban anonymous usage of the internet. Theres a cyber attack, and then they say every needs to access it only with government approved digital ID.
A temporary outage like this would affect crypto the same way it would affect credit cards, and gas..... a temporary interruption in a limited area. It would probably have less effect on most cryptos than other areas, because other areas can easily and quickly pick up any slack from affected areas.Well from past experience with natural disasters, cash was still accepted, primarily because people believe these things temporary. My thought was related to earlier this year with the cyber attack on the oil pipeline eastern US, there were gas outages for roughly 10 days. Not a huge deal, as I filled everything we had up on the first news report, many people don't pay attention and they were left with whatever gas they had for a week. This temporary outage caused disruptions of not only gas but grocery store shelves were in slim supply, kind of like they tend to be now but maybe a little worse. So it seems crypto would not work in a full internet outage, or am I missing something?
Thank you for the reply. I am good on the above. Now to figure out the opt out currencies, and diversify primarily to hedge against the insane rampant inflation that is already starting and I fear has to get way worse based on all the dollars pumped into the economy already.In a full internet outage (long term), you would want food, water, guns, shelter, and ammunition primarily. Maybe some cash, with the bulk of your wealth stored in your land, gold and silver, and other real things in the real world.
I've started to question this idea more and more. The problem with "dollars" pumped into the economy is that it's all debt based. They are all "borrowed" from somewhere (basically, the Federal Reserve). It's all Dual Entry Accounting. Is it really the additional "dollars" that cause inflating prices, or is it higher costs due to interest on debt? I seriously doubt that $7 Trillion dollars in gold released (or produced) into the economy would have the same effect as $7 Trillion dollars in promissory notes "borrowed" from the International Banksters.Thank you for the reply. I am good on the above. Now to figure out the opt out currencies, and diversify primarily to hedge against the insane rampant inflation that is already starting and I fear has to get way worse based on all the dollars pumped into the economy already.
A temporary outage like this would affect crypto the same way it would affect credit cards, and gas..... a temporary interruption in a limited area. It would probably have less effect on most cryptos than other areas, because other areas can easily and quickly pick up any slack from affected areas.
If there were a "full internet outage," well, crypto would be down just like every other service you depend on.... gas, food, electricity, banks, etc etc. So much wouldn't work in a "full internet outage," if such a thing were even possible and long term, that using crypto would be the last of your concerns. Some credit cards even make use of crypto networks (Amex is on Ripple, FWIW).
Banks and other financial services would be just as vulnerable as crypto to a "full internet outage." So, yes, it's a theoretical concern with crypto, but it's also a theoretical concern with checking, savings, credit cards, CDs, stocks, bonds, etc. You should have the same concern for crypto in this regard as you do for those services.
In a full internet outage (long term), you would want food, water, guns, shelter, and ammunition primarily. Maybe some cash, with the bulk of your wealth stored in your land, gold and silver, and other real things in the real world.
The IT crowd already showed us what would happen if the Internet went down-
View: https://www.youtube.com/watch?v=Vywf48Dhyns