Fintech & Blockchain

Flashback: Social Credit And The Dark Side Of Blockchain

Technocrat Jack Dorsey recently resigned from Twitter's dystopian culture to immerse himself full-time into the bitcoin and blockchain technology world in order to "reset the internet" (Web 3.0) and decentralize traditional global structures. Dorsey's dystopian touch will expose blockchain as the ultimate system of total control.

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Fintech Is Financial System For Sustainable Development, Aka Technocracy

Technocracy's 2020 pandemic coup has exploded the use of fintech apps in Europe by 72 percent, while the adoption and use of cryptocurrencies has risen exponentially. Designed by humans, if all AI can do is speed response time and deliver more "efficiency", then societal and policy errors will be accelerated by orders of magnitude.

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Wall Street Launches New Asset Class To Dominate Nature

Wall Street's "financialization of nature" is a twisted scheme that turns nature into a commodity, allowing investors to speculate on it. This is comparable to the massive derivative markets where value is hypothesized into betting instruments. Despite the rhetoric, it will not help to save the environment.

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Crypto Equated To Toxic Pre-Crisis Derivative Swaps

In the 2007-2008 financial meltdown, it was so-called 'derivative' market that almost toppled the world. Derivatives are bets on future market or economic behavior and loose no consequences until certain triggers are pulled. Estimates of the size of the derivatives market are in the quadtrillions.

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Boom: China Declares All Virtual Currency Transactions “Illegal”

As a Technocracy, it is no surprise that China would summarily wipe out any and all competition for its own central bank issued currency. Secondly, this is a form of capital controls because many citizens were moving their wealth offshore with Bitcoin and Ether. That avenue is now closed.

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The War On Cash Is Very Real, Not Just Speculation

Technocracy's total surveillance ideology demands that anonymous cash transactions be removed from the economic system. Why? Because what cannot be monitored cannot be controlled, and cash transactions cannot be monitored! Thus, the future economy is being fully digitalized.

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Warning: Digital Currencies Portend Deeply Negative Interest Rates

As a matter of Technocrat policy, "If people can’t hoard physical money, it becomes much easier to cut rates far below zero." This means your banked funds risk being plundered at the will of the policy makers. Eventually, all money accrues to the takers while the depositors see their wealth vanish.

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BIS Tests International Settlements With Central Bank Digital Currencies

Global Fintech is rapidly congealing as Central Bank Digital Currencies (CBDC) are integrating into the Bank for International Settlements (BIS) in order to "lay the foundation for global payments connectivity." Fintech is said to the coming financial structure for Sustainable Development, aka Technocracy.

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India Stack: The Future Of Fintech, Cashless Society And Total Inclusion

The United Nations already declared Fintech as the chosen financial system for Sustainable Development, aka Technocracy. It is, of course, all digital and includes creative blockchain technology for management and control of everything. It also demands 100 percent inclusion of all citizens in the system. This IMF article shows how India is leading the way.

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