Closing the exits as currency failures spread could entail herding people into the spot Bitcoin ETFs

Why?

Because it is impossible to withdraw the Bitcoin from it, or self-custody of the bitcoin. 

Closing the exits, mind the honey spots 

Honey Spots is where crypto exchanges hold the private keys of cryptos and retain custody where governments can seize, similar to what happened in the US in a 6102 attack. 

Closing The Exits
Obstruction Of Digital Currencies

“Honey Spots is where crypto exchanges hold the private keys of cryptos and retain custody where governments can seize, similar to what happened in the US in a 6102 attack”

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Closing the exits; asset confiscations

In a desperate attempt to keep an insolvent bankrupt system afloat, stealing sovereign assets of the “enemy” country is already underway.

But the theft can also be internalized. A sovereign debt crisis leading to currency failure also leads to internal asset confiscations of those people hostage to the system.  

Central Bank Digital Currency CBDC will need to be backed by assets deemed to have value, bearing in mind a debt crisis, a currency crisis, a crisis of confidence, and a complete lack of trust in fiat currencies.

The origins of BTC are dubious. Think about it. 

Would the greatest inventor of global money, where value is determined by a fixed supply and administered by an algorithm, forfeit fame and remain anonymous? 

Origins of Bitcoin

The origins of BTC are dubious. Think about it

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BTC was likely the brainchild of the CIA and the Fed’s vision of global money. BTC has been successful in adoption because it started at the fringes of counter-culture cybergeeks and then attracted the libertarian’s vision of decentralized money.

Entrepreneurs also saw the potential of the currency and piled into it.

Fear of missing out, FOMO investors jump on it. 

Then the smartphone generation was worse impacted by a dire cost of living crisis as fiat currency turned to junk and turned to BTC cash as a way of surviving.

BTC cash is an a-political global form of currency with now global appeal. 

In February 2024, Blackrock, the world’s largest asset manager, recommended a staggering 28% allocation to BTC.

Bitcoin now has widespread adoption from all spectrums of the human food chain.  

Paradoxically, if BTC was promoted by the elites, it probably would have been rejected by the public.  

So central banks now have their asset in 2024 to confiscate to stabilize their new version of currency CBDC backed by BTC 

“Executive 6102 forbade the hoarding of gold and forced gold investors to sell their gold holdings to the government below market rates” – Win Investing

Closing the exits on BTC in a US-style 6102 attack

Executive 6102 forbade the hoarding of gold and forced gold investors to sell their gold holdings to the government below market rates.  

So, they will offer to pay the total value of your BTC holding at the price they think is fair, free of speculator influences.

In other words, you get 150,000 USD for your BTC, while BTC trades at around 500,000 USD. 

So they confiscate the BTC ETF from you and give you Central Bank Digital Currency CBDC, which could be partly backed by BTC and precious metals.

Holding the private keys, self custody, no exchange, to your BTC could be one way of protecting your digital asset from a US-style 6102 attack. But eventually, you’ll need to cash out into CBDC so they have us by the balls. 

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