Bought starter stakes in BTG, KL, PAAS per cannot hold any longer,
shorted puts on GLD, MSTR and SBSW per regular programming, and
Added more COIN (current feel reminds me of the early days of FaceBook)
Shall deal w/ the crypto (swapping some BTC for some ETH, maybe) during the weekend
Feeling bullish for all items useless
Heard the bugle call
Code word: eCNY
Timing: unknown but essentially imminent, albeit still would be staged, every stage looking like progressive steps in deliberated experimental rollout even as the experiment shall not stop. Bottom line, “Go, Go, Go”
Notes: initially limited but accessible on- / off-ramps to gold.
Still do not know but suspect same limited but accessible on- / off-ramps to bitgold. ‘They’ can set the limit to a few tens of thousand Satoshi units, as they can limit ramps to gold.
For sure the eCNY shall be exchangeable for rare earths as is the paper CNY. Open question, will the eCNY be required for rare earths and USD not accepted.
Wonderful thing about digital currency is that the mechanism can modulate as well as front-run, and if ever necessary, fine-tune, however lightly, or stop, and even reverse. Programmable money. Money reimagined.
Consequences: unknowable in totality, but the thing looks like a battle cruiser, vintage 2121, and we are in VW Bugs, to be crushed, pulverized, or otherwise bum-rushed off of the cliff.
Recommendation: should the entire world go this way with eMoney, we absolutely must get rid of almost all fiat, and be in physical, equity, and digital assets, and out of bonds and cash.
Observation: Gold shall survive the exponentially transformational age. Unsure about everything else. One hack away from zero state reset
Potentially no need to file for taxes once system advances to ultimate state, as the taking can be direct, and autonomous. |
