Posted this in Bitcoin sub as well, but too many "meme generation" there, hoping some of the more woke people here will understand.
Too all the crypto fans out there we live in changing times.
The Fed has been responsible for every single boom bust cycle since the great depression (go so search up bernanke admitting the Fed was the real reason for the great depression), and it looks like they are about to start a new one in 2019-2024. These "cycles" are basically musical chairs that allows the banking cabal to concentrate their power as the "weak"/noninsiders get wiped out. Before the great depression there were many small banks, nowadays top 5 banks own almost everything.
It works likes this : Prolonged Ultra low/0% interest rates = People/corporations addicted to cheap debt and take unnecessary risks. This also leads to hugely inflated asset bubbles in everything(been happening since 2008).
Current Stage (2019 onwards) - Now it's time to "pop" the bubble and raise interest rates/reduce fed balance sheet (reverse QE) to make debt unservicable for everyone (mainly corporations and the US govt) and reduce asset prices under the guise of "fighting inflation". It's no coincidence Donald Trump aka The Bankruptcy King was "elected", and once a "confidence event" occurs everyone will dump US Tbills at the same time.
This will be an "engineered collapse" with the ultimate goal, to kill the dollar. Why would the fed want to kill the dollar? The Fed is just one arm of a global banking cabal (IMF/BIS/Rothchild cartel), to them killing the US economy and dollar is just one step to their ultimate goal > One world currency/IMF (SDR backed) "crypto" (completely trackable and traceable global currency). Once the collapse happens and people see their asset prices and dollars devalue rapidly they will beg for this IMF/SDR backed crypto and will happily be pushed into the new system. It's one of their standard tactics, look up "order out of chaos" to understand how the plebs fall for the same damn tricks over and over.
They will use BTC to build out all the infrastructure for this IMF/SDR crypto but then will use the Futures markets to crash the price of BTC for a long time (maybe <1K). Basically, it's a psychological game, as they want everyone to hate BTC and go for their IMF/SDR one world "crypto". They have been doing the same damn thing in the precious metals markets for the last 8 years, supressing the price via Futures paper. Once enough people sell their BTC and they control the market, then they will allow it to moon by removing suppression and letting the market know central banks have "just started" adding BTC to their reserves. For those saying but "Bakkt" is physically settled, I have yet to see them be approved, and even if they are my guess is the keys will still be stored in "their warehouse" which will allow them to fractionally reserve/use rehypothetication to bet against the price and create unlimited "copies". So why don't they just ban BTC and remove the competition? Anyone with experience in black markets knows banning anything explodes the price (prohibition, weed before legalization was more expensive etc) and moves the market underground, it is much more effective to try and crash the price and make people "despise" the asset class.
My guess is during the economic collapse their will be parallel markets IMF/SDR "crypto" (to pay taxes and use in real world), BTC/Monero (black market and online). But ultimately their goal is to collapse the price of BTC(and indirectly monero) until they control the vast majority of coins.
Advice - Do not sell your BTC/Monero at any price (hold your keys) and hold 20-30% precious metals. Reason for metals is the Lindy effect on metals is 1000s of years, BTC is 10 years (monero 4 years), who do you think is more likely to last? I personally hold 70% crypto/30% metals.
Don't be fooled by the banking cabals tricks, this time will be different!
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