OTCPK:KRCLF - Post by User
Post by
Symbioticon Jan 02, 2023 10:06am
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Post# 35199480
Real money doesn’t talk or broadcast
Real money doesn’t talk or broadcastIf I had gold and you had oil and we wanted to exchange or trade the parasite has a problem. The gold doesn't talk, the oil doesn't talk, if neither of us talked they would not know. Even physical cash doesn't talk much as it doesn't say who spent it. A CBDC does talk or disclose and it's like transacting in a currency that rats your every move to "authorities ". On the gold backed Ruble you have good reason to believe the issuer has that gold so you can surrender it and receive the gold which is the end. So I I had such a Ruble and I wanted to buy a chicken off of you , you could ask why would I accept your Ruble. Because the issuer will trade it for gold and thus it is as good as gold so to say. The USD is different as the issuer has no gold or title to it if it is in FT Knox at all. With your USD you could trade it for gold by buying from a bullion dealer, private individual or pawn shop etc. This is why they have to control the price of gold relative to the dollar. They control the gold relative to the dollar as they don't have the gold directly, only control of it which acts as a substitute for ownership. Some believe they still have the gold but if you put the pieces together that is unlikely or they wish to keep it and give you garbage fiat instead.