As We, All Expected Bitcoin is Booming so the Chinese Communist Party(Hell Bent on Control) is Declaring War On it! – March 6, 2021
Now, as we all know by now, Bitcoin is booming, and when it comes to anything Leftist, they want to confiscate regulate and control it, because, well you know “for the greater good😎” of course. The reality is that as many of us Gold Bugs have been warning Bitcoiners, beware of the Bitcoin purge, for many of the young people in Bitcoin, this will be your first introduction into why a lot of older people can’t stand Leftists.
When you’re young, ignorant or dependent on the Government for your survival, trust me I get it, a big Government that stops those evil rich people makes perfect sense, a capitalistic economy sounds downright evil, how dare these pursuers of profits do this and that to the poor, it’s usually not until the government starts targeting you and the people you love that you start to understand what Libertarians(which I’m not btw) are blabbering about.
Security or freedom? As many of us know, most women choose security for obvious reasons, and knowing this a lot of the worlds rich, often claim to be Apolitical or Leftists, for one reason only and that’s to avoid having the conversation of what role the government should have in your life, liberty, and pursuits of PROPERTY!
The entire concept of Communism is for the government to have the ability to confiscate any PRIVATE property it wants at any time and for any reason(Jack Mah), the property belongs to the people and the Government is a representation of the people and once the people accept this narrative, the Government often grows and grows and grows, because government people know, that if they ever lose control of the narrative it’s game over! In the private sector if one business loses control it’s game on!
Leftists hated Donald Trump, primarily because he CHANGED THE NARRATIVE of politics and the Chinese Communist Party hates Bitcoin because Bitcoin is changing the narrative of money. Conservatives hate narratives, we prefer DEBATES, we believe that we learn more via debates, meaning that debating is a lifetime thing for us.
Leftists are all about Narratives, propaganda, and cancel culture, the Nazis(National Socialists) as an example burned books when they took power, in most Leftist countries like Cuba as an example you’d better be careful what words you use and how you use them, because if you speak out against the Cuban revolution that’s a jailable offense.
China via “Cancel Culture” in Western societies has found an ally, and it’s for this reason primarily why the Chinese Communist Party has been getting more aggressive with its aspirations to make China a world superpower. No, you might be saying, well isn’t China already a superpower? The answer no, they’re an ECONOMIC superpower, however, they’ve so far been unsuccessful parading their narrative to the world.
Western countries still love their freedoms, and even Leftists in Western countries are pushing back against cancel culture which is nothing more than controlling freedom of speech and freedom of expression. How this involves Bitcoin, is that the Chinese Communist Party as it’s always done wants to use blockchain technology for itself but ban it from having market capabilities in China.
Now, for most Bitcoiners, they say to themselves, Bitcoin can’t be stopped, which is true, but it can be MONITORED and Chinese Citizens which now include Hong Kong citizens can be arrested for transacting in it. I keep having to remind people how WASTEFUL the Chinese Communist Party is.
The only reason China has any wealth is because of the Free market ones in mainland China. Ghost cities are all over China, bad government projects of digging up holes and filling them back up with dirt are examples of the wastefulness of the Chinese Communist Party(CCP).
So don’t assume that the CCP can’t put its government watchdogs to monitor bitcoin transactions in China. Chinese people hoard Western currency often in paper format for a reason. I’m not writing this to discourage Bitcoin or cryptocurrency users, all I want to do is provide CLARITY, because from my vantage point, what’s going on at CNBC in my opinion appears outright demonic.
Why Central Banks Want To Get Into Digital Currencies | CNBC Youtube
For many of us older people, we remember news organizations becoming propaganda campaigners, it’s just that it’s shocking to see it so blatant in the year 2021. Nothing negative about Bitcoin, again I have to remind the reader, your actions can be traced when you’re using cryptocurrencies.
When I buy PHYSICAL gold or silver as an example, which I usually do with fiat dollars and not credit cards, the government has no idea, what I bought or where I bought it from. I’ve given gold and silver to family, friends Godchildren and if let’s say the government came looking for me, my stash is gone(if you understand what I’m saying).
Bartering is about network building, I’m not a believer in ‘Legal Tender Laws’ which is why I will always say let the market decide the fate of Bitcoin, it’s none of my business. I do charity work, I’m sorry but the grids in most countries can’t handle crypto. It is what it is, and even in Venezuela, they hoard U.S dollars often using a very popular financial product, that I won’t mention in this post.
Joe Biden is an idiot and there’s nothing impressive about Kamala Harris, Right-Wingers hate it when I write that I thought Barack Obama was an intelligent man that I found inspirational, well I’m telling the truth that I see nor feel anything for Kamala Harris or Joe Biden and if I feel that way, I know I’m not alone, I mention U.S politicians, because, from my vantage point the Chinese Communist Party which was already being aggressive with Donald Trump, will be even more aggressive with Joe Biden and Kamala Harris.
The CCP took over Hong Kong with Trump as president, and now they’re openly discussing annexing Taiwan, in the West, we’re having to deal with cancel culture and the higher Bitcoin gets, the more the Leftists in Western Nations will seek to confiscate it. I shouldn’t only bring up leftist politicians because I’ve read about Right Wing politicians who wanted to regulate Bitcoin also.
Communism has more strength than Socialism could ever have, because there’s a communist manifesto, which writes extensively on the topic of LATE STAGE CAPITALISM! Because the Federal Reserve is all about preventing deflation, we’re marching right into the communists’ hands.
People forget that Karl Marx understood that what made Capitalism go wasn’t inflation it was actually DEFLATION, in easy-to-understand terminology Deflation is a ‘fire sale’ at your local private business, or a liquidation everything must go sale.
Capitalism is all about “on to the next” you’re old news, there’s a new game in town, in a nutshell, that’s the nature of capitalism. Karl Marx wanted to stop DEFLATION because in his mind it hurt the wage earners who could not get higher wages, because the owners of industry kept finding ways to PRODUCE things for less money.
When a private business person found a way to produce something for less money, wage earners in a MARKET economy could either see their wages stagnant or even decline as their workload declined. Labor unions are all about Wage controls for this very reason, and… China has wage controls, but, you see, in China, they comprehend that currency manipulation helps them ward off competition, and what could be a potentially hard currency like “bitcoin” would destroy the CCP’s currency wars capabilities.
The race to bottom currency war is all about countries debasing their currency to the U.S dollar to get a competitive advantage over U.S manufacturing. That’s how Japan built Japan via currency manipulation and productivity, China is using a very similar playbook and it’s unlikely that the CCP will allow Bitcoin to usurp its power, especially when the CCP has the currency to hire millions of government workers to monitor Bitcoin transactions and set a precedence of what will happen to people who don’t follow the CCPs ever-evolving draconian guidelines.
China Declares War on Bitcoin | China Uncensored
Interesting times ahead