VIDEO BELOW IS THE HIGHLIGHTED POINTS BY CRYPTOTEACHER ! FOR THOSE WHO STILL DO NOT UNDERSTAND WHY DIGITAL CURRENCY IS SO DANGEROUS?
Note: I am going to try and decode the important parts of the video and its point highlighted, but right now it will have to be almost a wall of text, which i will then condense into a shorter more concise overall statement.
It is important to understand what each numbered point is and how it will affect the ordinary person?
The financial mechanism is a monster called the federal reserve and it effects everyone's lives, there is no getting away from it, the thing to remember is if it goes digital, we lose our anonymity, privacy and civil rights because everything can be tracked and controlled. There is no way out of living in a free world without it?
be tracked and controlled. There is no way out of living in a free world without it?
https://youtu.be/INXbNAnwLyM <==Link to video
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IMPORTANT POINTS IN VIDEO LINKED IN THIS POST !!
NOTES: TERMS AND WHAT THEY MEAN, PLUS LINKS TO BROADER EXPLANATIONS AND CONSEQUENCES !!!
1) Libor Rates : London Interbank Offered Rate
https://www.forbes.com/advisor/investing/what-is-libor/
2) NGFS : Network for Greening the Financial System
https://www.sgtreport.com/2021/01/youve-likely-never-heard-of-the-ngfs-but-it-controls-nearly-all-the-worlds-money-and-will-be-used-to-force-the-green-agenda-of-the-great-reset/
3) Operation Chokepoint: Obama program to cut finances to business's that endangered his presidency.
https://en.wikipedia.org/wiki/Operation_Choke_Point
4) M2 : M1 including savings accounts.
https://courses.lumenlearning.com/suny-macroeconomics/chapter/measuring-money-currency-m1-and-m2/