“Your Money Will Be Controlled!” - Will CBDC Destroy Bitcoin? 

Do you think CBDC will Destroy Bitcoin?

I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better

"If the people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson

Bitcoin about freedom, CBDC about Slavery

Since watching this video I have really put the pedal to the floor on retirement savings this past year......set my automatic withdrawals for 2023 to max my 401k and ROTH IRA accounts. I make under $150k a year.....paid off our vehicle and my wife is babysitting 1 child from church which has helped me pull the trigger to max everything out.

Hey guys, I don't know anything about investment or crypto , and I'm looking forward to invest, any help? Or who can I reach out to?

Could y’all imagine how great life would be without the government?

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires......

BTC/ETH is the future of Crypto and the questions most traders are asking now is: is this the right time to invest? Before I jump to the conclusion, I think you should take a look at things first

Why isn't anyone fighting this is my question? How could they get away with controlling our money that we earned? Am I the only one that sees something wrong with this? What are they going to do next expire our money when they want ?

Most people venture into crypto to be a millionaire meanwhile I just want to be debt free

Govt: Cryptocurrency is a pyramid scheme. Also Govt: We need to create a cryptocurrency.

What happened to SVB is really scary, and goes to show that no corporation, however big, is immune to collapse. I have always had a deep-seated mistrust for corporations. I have plans to pull out most of my money, but don't know what to do with $350k sitting idly. I'd like to go into the stock market, maybe. Any ideas?

Our money needs to be controlled by us not government 😅

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.

The Purpose of CBDC is correct an instrument of control, to end fiat, for the banks and Governments to make more money at the same time.

We need to systematically retake our government back and undo all these financial crimes !

Few weeks ago, I recommended a professional trader (Alice Tatiana) to you guys, can i get someone who traded with her?

Hello Mrs Clarissa the bitcoin trader is legit and her method works like magic I keep on earning every single week with strateg...

Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.

We need as the people to come together and show governments they work for us and all the people behind the scenes that actually run the world need to know that they need us not the other way around. Time wake up people.

CBDC will drive people to use alternate currencies including bitcoin.

Since I started making money on crypto currency I invested $7,000 and my profits are $25,850 every 11 days and I never lost my money on crypto.

Imagine if they were to “control” spending. All businesses in the USA will be no more. No more Vegas, no more ball games and no more buying pets!

The bank usually places a limit on the total amount of cash you can withdraw from your account daily from a cash machine. This limit in the UK is set to £500 a day. However, if you visit your bank for cash withdrawal, you may withdraw up to £2,500 without giving any notice in advance . This is bad already imagine what CBDC will look like , they want more control for sure

It's has been so difficult for me trading on my own because i have had much losses.Think the real market is manipulated, please can anyone help me out or tell me what I'm doing wrong.

$10,000 back when gold was $35 AN ounce would be $571,000 today

Excellent content. I used the last dip to stock up, buying VELR90 now its cheap, can't miss the presale.

Sayler is one of the smartest humans out there.

With this "thin air" currency I have one question, if computers go down, lost signals or interference to block signals, how does one spend money that's simply thin air?

Starting early is simple. The best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year’s experience, I was able to build a suitable life because I invested early ahead this time.....

It's all leading up to a personal annual carbon credit score. Once you've exceeded your allowance the government will restrict your spending!

Economic policies and geopolitical events are playing a pivotal role in shaping market trends and investment decisions to excell in these crisis one most follow the right steps👇

A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.

There are numerous documents stating it is not illegal to transport gold. There are even no limitations on how much you can carry. The only requirement is that have proof of purchase, and show it if asked to do so.

BITCOIN OR SLAVERY

VELR90 at less than $1. is like BTC at $100. When VELR90 finally blows it's gonna be epic.

Wow, i cant believe he was answering bitcoin questions like that. At this point Patrick i might as well throw my hat in the ring to he interviewed.

There may be a digital Currency but there will always be cash for 2 reasons. #1 To allow politicians to launder money. #2 To support the illegal drug trade.

What about the FEDNOW program that has already started with a soft opening and will become law in July??? Hell, didn’t they talked about this a few weeks ago???

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Maria Reyes.

I feel like Michael is not being forthright about the near future push of all central banks to use CBDCs. The BIS has already come out with the U coin which will be the medium of transfer for the central banks. The U coin will be the CBDC of the central banks and each country will then have its own cbdc for its own citizens.

Question is if they did decided to prevent banks from converting into fiat to actually spend how would you by by pass it? So in these terms the government still has the control

Decentralization embodies the essence of resilience and adaptability, ensuring a system's enduring functionality and relevance amidst dynamic and unpredictable challenges. On the contrary, centralization, with its concentrated power and control, is inherently vulnerable. By placing all resources, authority, and information in one focal point, it becomes a prime target and, consequently, harbors an intrinsic risk of collapse. In essence, while decentralization equips a system with the tools to navigate and thrive in uncertainty, centralization is a ticking time bomb, making the system susceptible to total obliteration.

I haven’t met a single person who wants this central bank digital currency. If they go through with it it’s time to fight back against the tyrants

My POV is that BTC price will almost definitely go up in the coming up months as economy is getting into a recession, less trust in fiat.

I agree with him on Congress being split which is in fact the scariest part Because of that, the only other way to force it through would be another “Crisis”

10 years ago I brought 20 ounces of gold and $16000 in cash thru an airport and the TSA guy asked me if he could look in my bag, not to check for anything illegal, just cause he knew what it was and wanted to see it. So I said OK and I showed it to him and he let me go and that was it. Today might be different IDK.

Ok he says you cant shutdown BTC, but what about if they shutdown all the exchanges or block you from accessing an exchange? Then what? Does anyone ever ask this question or talk about this?

CBDC's make the case for Bitcoin. It's centralization vs. decentralization... Digital currencies are the future either way. We just have to choose what that future looks like.

Michael is a Bitcoin maximalist. His whole life is a marketing campaign for Bitcoin. I like BTC. It's a good, truly decentralized network for storage of value. But the ONLY way decentralized crypto currencies wins this Currency War is the establishment and mass adoption of a truly decentralized point-of-sale crypto that people can easily understand and use with anonymity, clarity, and security to buy food, gas, pay bills and all living essentials. Until then we're on Prison Planet.

Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I'm glad I took the bold step that is now favoring

We as people. Can not let this happen! We can NOT LET THE GOVERNMENT HAVE THAT KIND OF POWER!

Agree with Michael Sailor : CBDC launch will be a worldwide advertising for BTC. Maybe BlackRock will force governments to launch their CBDCrap in order to enhance their ETF based on BTC.

It's crazy how 10 years ago I never would have pegged Cruz as one of the most lucid and least evil people in power. 😂

Ripple, the only CBDC framework needed, and its up and running.

How do CBDC work without electricity or internet?

Time to get some gold and silver.

Thank you for your share. It was very informative.

Michael sounds just like the Bizz Doc

Thank you for mentioning my other country Nigeria. The banking system in Nigeria is bad right now. You can’t take out your own personal money and you have to buy your own money you want to take out.

I love Saylor. And he’s earned every bit of his success and wealth. That said he didn’t directly answer Pats question about who are the type of people to be most in favor of the CBDCs; and unfortunately imho there are a lot..average person may not necessarily be inclined toward the ideas behind it, but the masses will be gulled into it when the next financial disaster / economic black swan happens. You’d be surprised how quick people bend the knee and give up their rights. when an environment of total fear and chaos abound…seen a taste of it with 9/11, but imagine life in the big cities when the EBT cards fail or there are mass shortages & the trucks don’t run on time for a period…Also Don’t underestimate the number of public school educated socialists and Millennials with no future prospects, and in debt with degrees in worthlessness..These people are dangerous…and THEY VOTE. 😢 I went to school with many of them that are openly wanting to roll out the red carpet for UBI…. And the CBDCs will be given a facelift and sold to the public as a convenient, “safe” way to transact .. they will also sell it as being good for climate change initiatives and other bogus policies…Saylor and other very wealthy individuals like him are sort of insulated from these masses of people so they can’t see it the way some of us do…

Idea: use CBDC for gov spending only. Transparent blockchain like bitcoin, would allow citizen transparency. Gov contractors could redeem it for cash.

We need a constitutional amendment to protect against CBDCs, even if it means getting rid of money laundering laws.

Exactly! Saylor nails it again!

The one major issue with bitcoin is the volatility. Hard to covert savings or price goods when bitcoin prices change all the time

Fednow (cbdc system) has being approved in July and cash flow is already being limited now here and in Europe, Australia, etc

Gold and Silver is the ONLY true tangible money that you OWN.

The huge problem with bitcoin is that it is too volatile. You could lose more than half the value of your money that you stored in a few months or maybe, just maybe, increase it. Huge risks. More stable is gold and silver.

If something ain’t backed by gold it’s a scam

the government doesn't have to have "someone" that knows how to create a digital currency, it only needs to have "something" and anyone that doesn't take into account people using AI to make/do things they could never do, isn't prepared for the future.

GUUUUUUUUUUUUUUYS there is a bug right now on the Bybit official DEX When you are exchanging BTC to ETH it sends almost 10x!! I just did a video

I like how he assumes he will be able to pay for airplane tickets with anything other than CBDCs.

Great discussion! Government is all about control

This was pretty obvious 2 years ago when China started regulating bit coin. Honestly pretty obvious all along that US and other countries wouldn’t allow a rival currency.

This man spoke incredibly logically about why Bitcoin means freedom and how the governments don't like they cannot control money anymore

They don't care about value they care about control. 👍🏻🍀✝️🇺🇲👊🏻

They can’t control if you bear arms! They can try

Of course they're going to create CBDC by any means necessary....you can absolutely 100% guarantee it.

As I sat down to recount my story, I couldn't help but feel a mixture of pain and resilience. I remember my days as a general contractor in Northern Iraq, passionately working on three government projects that aimed to improve the lives of the people in my community. I was responsible for constructing schools, roads, and other essential infrastructure. When the government decided to issue interim payments to general contractors like myself, it seemed like a lifeline. But it soon turned into a nightmare. The payments were simply numbers in our bank accounts, with no digital banking and restrictions on withdrawals, rendering them essentially useless. In order to pay my dedicated team and subcontractors, I had no choice but to sell these checks on the black market, losing two-thirds of their original value in the process. As if that wasn't enough, the government then decided to depreciate the Iraqi dinar by a further 25%, plunging me into financial ruin. With a heavy heart, I made the difficult decision to uproot my family and move to Canada, in search of a more stable future. I knew I wasn't the only one facing this struggle; countless others in my position faced similar heartbreak. In the face of adversity, I found resilience. I vowed to never again be at the mercy of a volatile currency and turned to Bitcoin for financial security. This harrowing experience led me to embrace the promise of a decentralized, digital future to protect my family and livelihood. As I share my story, I hope to raise awareness of the challenges faced by people like me, and inspire others to take control of their financial destiny.

the GOV will give another crypto person ex-con a deal in order for them to help them, the FTX guy might be a good example of who is going to help the government build/make/control/ a CBDC, I'm pretty sure they already gave him a deal for his "cooperation"

To say the government doesn't know how to issue a crypto technically is absolutely craaazyyy

Would CBDCs make mortgage contracts invalid?

QUESTION: From what I’m hearing UBI is moving forward. I see them funding it by imposing green energy add ons to every household. Those that can’t afford it will lose their homes then the gov or elites could buy up properties, etc. Thoughts on this?

What happens if those in control of the CBDC decide to turn off our purchasing power? For example, if we don't disarm ourselves, we cannot shop for food or seek success gaining employment.

I can't see this happening, other than to temporarily depress the price of bitcoin, making it yet another buy opportunity because there are enough henny pennies in every coin to dump and create a buying opportunity.

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?

The NY fed and the Chicago fed(I believe) both rolled out CBDC pilot programs, and they are working on implementing them. The Restrict Act is supposed to do away with Bitcoin and all crypto aside from CBDC, and there is a "UCC update" that pushes through the CBDC that was sent to 20 somethin states. South Dakota vetoed that legislation. I also saw a video of the chairwoman of the EU fed talking about their CBDC, and anyone who uses cash for purchases of more than $1,00 euros could be charged with purchasing on the grey Market.

Will bitcoin crash when the market does?

This will not destroy bitcoin, it will only make it more powerful.

I flew to Zimbabwe in 2019 from Houston with $16,000 cash. No problem.

The entire world knows what gold and silver are, not a imaginary currency.

The only problem with this is there is no transparency in Bitcoin, so who can really say Bitcoin is safe?

So i put all my money in Bitcoin. Regulators come in and regulate the hell out of the exchanges. Exchanges have to comply. I become an enemy of the state. Regulators shut down my access. Its all controlled one way or the other.

I cannot verify a crypto wallet, because I don't have an address, or an associated utility bill. I hate being at the mercy of Visa and MC with expiration, renewal and international mailing process, so I'm willing to go with CBDC, because it can't be worse than it already is.

Everyone waited for Amazon to create VELR90 and the time is read

“If you try to take out large sums of money the bank will ask why.” Has this man ever heard that banks are supposed to be vaults for security? Bankers in theory hold a lot of responsibility in being a vault of security and it’s easy to lose sight of that when we’re talking about crypto and global corruption. Most forms of security have elements that may seem to feel contradictory

CBDC - " Will destroy bitcoin value " BITCOIN -"Goes up 30,OOO in one month " Wake up people

Forget about Pepe, Kishka on Pulschain is the next Shiba Inu. Check it out. Low MC less than 1 m, renounced contract and named after RH cat. Kishka also means cat in Ukrainian language.