The Federal Reserve is developing its own digital currency token, or CBDC. Bitcoin investors are worried that the government intends to track all digital transactions and are using their profits to buy 10 oz silver bars with bitcoin.
There are growing concerns that blockchain and new digital currency technology are not mature enough to handle issues around privacy, tracking and reliability. The technology is advancing at such as a rapid pace as the world shifts to a multi-polar gold-backed trading system.
Many experts, both critics and supporters are quick to point out that there are many huge risks that will be coming as widespread integration of the blockchain and related technologies continues this year in the economy.
It seems apparent that many are starting to believe that the current government intends to support the Fed in their push to usher in the FedNow platform. There are many risks to implementing a digital token to compliment the dollar.
In addition to being a globally accepted reserve currency, eleven countries have adopted the US dollar as legal currency either solely, or in conjunction with local currency.
Blockchain implementations also place heavy demands on an electricity grid that has shown in recent years to vulnerable to the weather, cyberattacks and other external threats.
According to a report from the Bank of International Settlements (BIS), the digital currency being developed in secret by the Fed will change the way Americans use money. Even big banks have concerns that the government’s blockchain implementation will strip away rights of millions of Americans.
Americans continue to be anxious, frustrated and angry from the complacency placed on the failing economy.
While it is currently difficult for the government to associate specific bitcoin transactions to individuals, the IRS and other federal agencies have been seizing cryptocurrencies and digital tokens at alarming rates.
Although it’s been suggested that crypto offers anonymity, there are growing reports that the IRS and other federal agencies have been employing special forensic researchers and hackers to find new ways track each purchase you make.
During the 12-month period from October 2020 to September 2021, IRS agents seized from than $3.5 billion worth of bitcoin from Americans in cases unrelated to taxes!
The pending blockchain implementations by the Federal Reserve is likely to bring about significant new regulations will have a major impact across the economy this year.
While the IRS claims that all of these funds were from criminal enterprises. Many legal experts have raised concerns that civil forfeiture laws could be used as a regulatory enforcement tool to continue the unlawfully seizure of crypto in similar ways gold was seized by the government in 1933.
Criminal charges are pending for some that have been accused of money laundering, the IRS is reportedly hiring at its fastest pace in history to allow politicians continue to fleece the American people.
Pending regulations in Congress continue to put many normal people at risk of being investigated by the IRS and other federal agencies.
New data shows that in January 2022 inflation may have been as high as 7.3%. Well above the previously reported number.
Wall Street analyst are mixed on their predictions for the upcoming interest rate hikes.
Based on what we’ve seen in recent months, including the highest rates of inflation in recent history, rising interest rates and uncertainty in the mid-term elections, our economic future is fraught with risks that investors need to act on before it’s too late.
Stock & crypto investors are transferring profits at alarming rates from their into other assets like precious metals. Precious metals is one of the most effective ways of balancing risk in your portfolio.
Crypto token are not proven as stable and reliable investments, nor are they a proven store of wealth.
Major Wall Street Banks share many of the concerns that giving the Federal Reserve real-time access to your purchase data is just part of a slippery slope that will strip away the right to privacy and the individual security of all Americans.
There is a growing amount of evidence that suggests much of the hype pushed by the mainstream media over the last few years has been largely propaganda.
A growing number of Americans believe many of the intention behind many of the misinformation campaigns in recent years has been to line the pockets of the political elite. This is an ongoing concern for millions of people as we approach the mid-term elections.
Many investors are taking their profits as crypto prices continue to drop.
Any pending digital currency implementation is likely to have a major impact on our money and invade privacy at the same time.
One of the most effective and simple ways to store crypto profits is to buy silver bars as a store of value.
Silver, historically is one of the most trusted and reliable stores of value for thousands of years.
Even today’s central and private banks use precious metals as a mechanism for storing wealth.
Many trusted and reputable online bullion dealers have made it easy to buy 10 oz bars with bitcoin as a payment method. Several dealers integrate Bitpay wallet and other wallet to payment gateways and exchanges to provide some assurance that transactions will occur with discretion and privacy.
FindBullionPrices.com compares the prices of silver bars to make it easy and simple for crypto and digital token investors to buy ten ounce silver bars with bitcoin.
