Protect your wealth and from all, and that includes the government.

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Avatar for francis105d1
2 years ago

If the last saga in Canada is not an eye-opener, I don't know what will open your eyes to the possibility of losing not only your hand earn money but your wealth as well. With the Emergency Act that Justin Trudeau enacted, pretty much you are no longer a citizen but a subject to the government, and you have no saying over your money or whatever the government deems no longer your property. Even democracies fall over time once people ignore what the government is doing.

I am sure that those powers that the Emergency acts enable on the government are not something that the government created a day ago; it is something that politicians have been cooking for years and years under other pretenses. I am sure they will tell you those laws will be created to protect, if nothing more, dictatorships have always been made to protect the citizens and not a power grab by politicians.

It is clear that if you are a Canadian, you have no control over your own body, and the government can dictate to you what you will do with it; at first, it will be a simple mandate to vaccinate yourself, later on, they will tell you that they need to cut your ability to reproduce yourself to save the environment from humans that are multiplying out of control, and the last mandate will be to walk into a gas changer, to terminate your life because the government has decided your life is no longer needed. In Canada, they are willing to kill your pets, so eventually they will kill you because first will be your pet, later it will be your own life, once enough are brainwashed into thinking you are no longer a citizen but a near enslaved person or something lower.

And if you don't have control over your own body, you can be sure you won't have control over your own money and wealth, and everything you own can be taken away by the government. The fact that the donated money to the convoy was seized even when it was a donation is just part of it, and you can be sure that those that donated are in the same list of people that are no longer citizens but criminals because they dare to say no to the government.

In the future, your government in your nation, if not already, will try to seize your property anything that may hold value because the government was irresponsible with the money printing machine, and now you will have to give up whatever weight you may have left, that included Real State, and precious metals, the case of Turkey if I am not wrong where the government is asking its citizens to give up the gold so that politicians can keep on printing worthless fiat. Besides, if citizens give up their gold now, everyone will be poor because everyone will have worthless pieces of paper; that way, the government will achieve equality because everyone will be eating rock soup and dirty bread.

The way to save your wealth and money is not to give up your wealth and get out of your country on time if you see that politicians are printing too much paper currency and laws like the Emergency Act. Suppose you have gold or any other precious metal better to have stakes in many places and not in third-party custodians like banks. And if you invest in cryptocurrencies, you always move your coins to private wallets where only you have access to your keys and don't share how much you have to anyone, especially not on the internet.

You don't need to hold just Bitcoin because, in a crisis like Canada and Venezuela, you don't know exactly what will happen what a good basket of altcoins will be something to have like you can have some Bitcoin as a store of value, some Bitcoin Cash as a currency in case you can't utilize BTC because of the fees, and even privacy coins like Monero in case you need privacy in a crisis like situation. It will also be great if you can have at least three ounces of silver and one of gold in case cryptos fail to deliver you in the time of your most need.

Protect your wealth from all, and that includes the government. In short, you do this by keeping your money liquid and portable, and best secret, so you don't tell anyone that you hold cash, precious metals, or cryptos. And that's another thing, have just a little bit of money on hand if you need to buy a bus ticket and get out of the jurisdiction where you may reside. Obviously, my article doesn't cover everything, but also precious stones can be away; I am pretty sure that you understand in times of crisis, you need portable liquid wealth.

Private property with physical access can be confiscated at any moment that is cryptocurrencies are resistant against governments because as long as you protect your private keys, the government can't take your property and will need to torture you to get your coins. That is why it is essential to use cryptos as a peer-to-peer currency and not just a scheme to get rich. If it comes to getting rich, people will dump your coin at first to verify signs of trouble. That is why Bitcoin Cash is the real Bitcoin because as a peer to peer currency first and most, it can stand a tyrannical government store of value means the moment you don't make money, you dump it, and when governments start to crack down, you will want something you can use with meager fees.

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2 years ago

Comments

We need to be really careful if we want to save our money. You said some good words, by acting on which we can be save from later worries.

$ 0.01
2 years ago

Thank you for the comment I have no more to add to it but to keep on writing content that actually makes sense. I write things as I see them and form my own experience, so unless my perspective is wrong which it could I think my plan is not that bad.

$ 0.00
2 years ago

I totally agree with you and I really appreciate your ideas thought and dream that you really want to shared with us , in many cases increasing people into cryptocurrency and they want to learn more about it you know what its good for everyone and doing there best Once again I hope you have a great time you're productive day , Cryptocurrency Peer to peer electronic cash with no one to having a confused Soo enjoy whenever's you want neither Canada government nor our government don't act on that

$ 0.01
2 years ago

The best practice will be to always host your private keys in a secure place and buy the assets that will work the best in standard times and in times of crisis.

$ 0.00
2 years ago