In recent news the President of the European Central bank or ECB has made a last ditch desperate attempt to prevent Bitcoin adoption after El Salvador becomes the first nation to make bitcoin legal tender.
In the report the ECB president Christine Legarde hopes that reaffirming the European Central Banks stance on Crypto will be enough to off put other Central American Nations from moving away from the failed fiat system that has trottled their economies.
I honestly believe these nutjobs still believe they hold all the cards, while the entire house of cards is in ruins.
I cannot see how after all the lies and deceit of the past 18 months, which they themselves perpetrated they can honestly expect others to listen to their failures any longer.
Legarde who has been the President of the European Central Bank since November 2019 and also prior to this held the position of Chair and Managing Director of the IMF International monetary Fund between July 2011 and September of 2019.
However they hate to see any nation moving away from what they like to call an IMF nation, they think because they have aided a national at some point that they can continue to profit from everything that Nation does, Well I think they are for a long sharp shock to the system very soon and I hope I am right.
Because a privileged few should never be allowed to dominate the majority ever again and that is the freedom that cryptocurrency adoption offers to the world and they fear more than anything else.
Luckily the adoption has began, but I would not be one bit surprized to hear threats of war, or accusations of chemical weapons, mass genocide or Weapons of mass destruction programs being aimed against these nations that adopt crypto, just more lies like the ones we have heard before.
Illustration from the front Cover of the Book Banking Wars by Paul Kahan
In 2018 Forbes published an Article about how Central banks where established to fund Wars, you can read that here https://www.forbes.com/sites/briandomitrovic/2018/07/01/central-bankings-connection-to-warfare-is-intimate/
Banking Wars have happened before they are nothing new and in 1832 Andrew Jackson began his political struggle to charter the second bank of the United States, this resulted with the shutdown of the exsisting banks and the replacement of state owned banking.
I won't go into to much detail as it can become a little boring for some, however you can read more about what transpired and why here https://en.wikipedia.org/wiki/Bank_War
Sometimes it's best to focus on the positive by brushing away the negativity spread in an off putting manner, the FUD can be manufactured as we have all witnessed these past 18 months.
It's time we all stopped listening to the nonsense and make our own financial decisions based on what is right for us and our families, are we to continue to allow failed politicians to demand money with menace, extortion through ever imaginary Taxes to fuel their million dollar lifestyles, while a large percentage remain in poverty around the world.
Nobody, Nation or King should have the power to tell anybody what they can and cannot buy with their own money, what you should do with it and certainly not have the right to make up Tax laws whenever they see somebody making money that they cannot touch.
I personally hope to see decentralized platforms become stronger and more diverse over the coming weeks, months and years to a point where there are too many to even consider trying to regulate, not that they can be regulated now.
But one thing I can see is Legarde's attempts to prevent Crypto adoption will fall on deaf ears and rightly so, people have had enough and are starting to demand freedom from the failed systems that bind us to the corruption from financial institutions and government, just like Cuba has had enough and decided to suspend all US Dollar deposits because of crushing embargo's that have been destroying their economy for decades, you can read that article here https://www.proofofbrain.io/hive-150329/@jaxsonmurph/calls-for-cuba-to-follow-el-salvador-in-adopting-bitcoin-after-they-suspend-us-dollar-deposits
Either way I would love to hear you opinion on this, what freedom the crypto adoption could bring to you, your family, your country and how you would like to see it all play out....