Financial Revolution: Protect Yourself From the Biggest Power Grab in History…
The government will always try to maximize its own power at the expense of the citizenry. This historical truism has played out time and time again throughout human history.
In America in 1776, the British Crown attempted to raise taxes on the colonists to pay for its wars of imperial expansion in Europe and India. The response was a violent uprising of the colonists and the founding of the United States.
A few years later in 1789, the French monarchy taxed its citizens into oblivion to fund its wars and the lavish lifestyle of its upper class while the average Frenchman could hardly afford food. As a result, that king lost his head.
Fast-forward a few centuries, and the Russian Empire was sacrificing a generation of young men on the killing fields of World War I for the sake of, to quote one of the era’s most famous politicians, “some damned foolish thing in the Balkans…”
The Russian people revolted against the monarchy and unfortunately ushered in an even more repressive system under the Communists. Though their empire collapsed under the weight of a government that achieved near-total control over its population.
But today, governments around the world are about to usher in a system so totalizing in its control, it would make old Comrade Stalin blush…
Central bank digital currencies, or CBDCs…
See, in America in 1776, the colonists still had cash. Their British pounds could be spent on the weapons and ammunition needed to fight the revolution.
In France in 1789, the people still had physical francs, usually made of gold or silver, that they could use to buy what they needed for their revolution.
And even under the czars and the Soviet Union, the Russian people still had rubles made of metal and paper they could spend without the state knowing what they were buying. That actually led to a thriving black market in the Soviet Union in which people could buy anything the government was rationing.
But with a CBDC, the government will know exactly where you’re spending your money, what you’re spending it on and in what amount. If the British could have seen Americans attempting to arm up and declare independence, they could have nipped the whole revolution thing in the bud. Then we’d all be taking our tea and singing “God Save the King” to this day…
To put it mildly, this power grab on the part of our so-called free modern democratic governments is absolutely unprecedented. But it gets far worse, and the hour is very late…
Imagine if the state could not only tell what you were spending your money on but decide when you spend it. That’s exactly something the Chinese government is experimenting with.
The digital yuan could very well come with an expiration date. If you don’t spend your money before it expires, it’s gone. Poof. Say goodbye to saving money to buy a house or a car. You’ll be left renting for eternity from the landlord class. Welcome back, serfdom…
How did the World Economic Forum put it? “You’ll own nothing, and you’ll be happy.”
I know I won’t be.
Do you want the government deciding when you’ve bought too much meat or that you can’t buy a pack of cigarettes or a bottle of whiskey because the nanny state is genuinely concerned for your health and well-being? Yeah, right…
And you won’t be able to do anything about it. The Second Amendment is useless if you can’t buy guns or ammunition because the government has made your money worthless.
Governments across the Western world have seen China’s social credit score, and they want a piece of that control for themselves. But we Westerners are accustomed to freedom, so CBDCs will be sold to you as convenient. No need to carry a wallet around anymore – it’s all on your phone!
Scared? You should be.
Fortunately, there’s a solution: cryptocurrency.
Gold for the Digital Age
Try as governments might to suppress it, the crypto cat is out of the bag and there’s no getting it back in.
An entirely decentralized blockchain network is frustratingly difficult for a government to control, and short of cutting off the world’s internet into national intranets, there’s no way for any one government to clamp down on what is a global financial revolution.
But Bitcoin is too expensive for the average person. I can’t think of too many people with a spare $60K lying around, not in this economy. Ethereum isn’t cheap either, sitting around $3,500 per coin. More within the realm of affordability for your average Joe, sure. But even $4K is hard to come by, things being what they are.
No, the solution is a crypto I like to call LibertyCoin…
Cryptocurrencies – digital currencies not created by any government but through blockchain programs – surged in recent years. Bitcoin, the most well-known cryptocurrency, shot up more than 850%, from $7,327.50 per coin in January 2020 to a peak just shy of $70,000 per coin in June 2024…
Even though Bitcoin’s price has always come back down to earth after each spike, it has always rebounded higher than ever before.
In 2017, Bitcoin hit nearly $20,000 before it crashed…
Then, as we mentioned, it surged again in 2020 and 2021, hitting $60,000 before crashing again.
But Bitcoin turned around once more and hit a peak of $65,000. Its fortunes should rebound again after this latest crash…
But not all cryptocurrencies are created equal. Some of the bigger, more established names, like Bitcoin, are more or less “legitimate” these days.
If you want an off-grid cryptocurrency free from the prying eyes of the state and corporate entities, you’ll have to look elsewhere.
The cryptocurrency that will help you take control of your money AND maintain your privacy is called Monero (XMR).
In fact, it’s designed to do exactly that. And we’ve dubbed it LibertyCoin as a result…
Like all other cryptocurrencies, Monero takes advantage of blockchain technology. But unlike Bitcoin or Ethereum, Monero uses a private ledger.
This prevents others from spying on your transactions. It also prevents interested parties from seeing where your cryptocurrency has been. Every cryptocurrency coin has a history tracked in blockchain. This impacts its fungibility, or the uniformity of every unit of currency.
For example, if your Bitcoin were used in a drug deal, that would impact its value. It would be like your cash losing value as the bills crumpled and the coins oxidized.
What’s more, most crypto is 100% traceable and taxable. Sure, cryptocurrencies play up their anonymity, but anonymity isn’t privacy. Businesses can still use your data to track your online purchases.
But thanks to Monero’s private ledger and dedication to truly decentralized currency, it’s 100% fungible, 100% untaxable, private and as secure as any cryptocurrency.
And that’s why investors are sitting up and taking notice. The writing is on the wall for cash and the privacy that comes with it.
Monero is the perfect crypto for protection and privacy as we move to a cashless society.
Secure Your Money With LibertyCoin
Buying Monero is just as easy as buying other cryptocurrencies. It’s not all that different from buying stock.
You’ll need to use a crypto broker. I recommend Kraken. It has step-by-step instructions for setting up an account to buy Monero here.
Source: Kraken
Source: Kraken
Once your account is set up and verified, the next step is to deposit money in your account and actually buy Monero.
But there’s another way to get your hands on some Monero – one that turns your computer into your own personal money printer.
There’s Gold in Them (Digital) Hills
Like most cryptocurrencies, Monero derives its value from a technology called blockchain. The technology is complex, but in simple terms, it works something like this…
When a cryptocurrency transaction is made, a network of computers works to verify the transaction. As a reward for processing said transaction, the miner whose computer produces the right hash (a hexadecimal number used to record these transactions) is rewarded with cryptocurrency.
The size of the reward depends on how long the cryptocurrency has been operating. For example, when Bitcoin launched in 2009, the reward was 50 Bitcoin. That was halved to 25 Bitcoin in 2012, 12.5 Bitcoin in 2016 and 6.25 Bitcoin in 2020.
Eventually, when all 21 million Bitcoin have been mined, there will be no more produced. But that won’t be until 2140.
Most cryptocurrencies work like this… Monero included. You can mine it yourself if you have the right technology. Thankfully, Monero is considerably easier to mine than Bitcoin.
First, you’ll need to download Monero’s graphical user interface, which can be found here.
Once you’ve gotten that set up and synchronized with your computer, you’ll see a menu in the sidebar. Click the “Advanced” tab.
Source: Monero
Source: Monero
Once you’ve done that, click on the “Mining” subtab…
After that, it’s a simple matter of clicking “Start mining.” But be sure your machine can handle it. Mining cryptocurrencies is taxing for computers. Check your computer’s specifications on its manufacturer’s website. Take the cache of the central processing unit (CPU) and divide that number by two. That’s what you enter in the “CPU threads” box.
Mind you, you’re competing with other miners for the verification of Monero transactions. You get the Monero only if your computer finishes the math problem and gets the right hash. But if you have the technical know-how, there are ways to give yourself an edge.
If your computer has a heavy-duty graphics card or, better yet, if you outfit it with an application-specific integrated circuit, then it will be able to process cryptocurrency transactions more quickly.
You might also look into upgrading your machine’s cooling capabilities. Upgrading the fan is a good place to start. But if you’re really serious, a water-cooled setup will be able to run even faster. Operating it in the coolest part of your home will also help.
Your Money Is YOUR Business
We’re staring down the barrel of a cashless society. If our central banks and governments have their way, your money will be visible to the state and big business.
Every transaction you make will be tracked, documented and used, and privacy will be a thing of the past.
If you want to protect and grow your wealth free from the government’s prying eyes, it’s time to buy some LibertyCoin. Or even better, mine it yourself…