From Bitcoin to digital currency to the Rothschilds (middle)

About digital currency...

When it comes to Bitcoin, it will be talked about whether governments recognize it as a currency. At present, there are still countries that do not recognize Bitcoin as a currency, but a virtual commodity. As for why, because of the dominance of currency, it is possible to control a country or even the whole world, which can be verified from the story of the Rothschild family.

The founder of the Rothschild family, Meyer Anselm Rothschild, said in 1790 "Give me the coinage of a country, and I do not care who has the legislative power.". The Rothschild family flourished in the eighteenth century, creating and mastering the financial and banking systems throughout Europe. To this day, it seems that half of the world's property is still owned by the Rothschild family, including the well-known New York Times, The Economist, McDonald's, Coca-Cola, and South Africa's De Beers, which owns 70% of the world's diamond production. The financiers seem to be the Rothschilds. Even China's Alibaba has ties to the Rothschilds.

When we discuss the state, we inevitably talk about sovereignty. What is sovereignty? Legislative power is one of the important elements, but so is the coinage power. Therefore, when a country has a strong currency, it has a great ability to invade a weak regime, that is, to seize the country's "fiat currency market share", which is equivalent to a partial invasion of the country. national sovereignty.

In the past, weaker governments could try to thwart the intrusion of strong currencies by restricting banks. Nowadays, with the popularization of central bank digital currency, people all over the world can choose the legal currency they want to store value as long as they download any ERC20 wallet. At this time, strong currency is bound to be the most popular.

Taiwan may be relatively lucky, because the Taiwan dollar is not a fragile currency. Our central bank has sufficient US dollar reserves and a high exchange rate stability. Taiwan is not a country with foreign exchange control. People can easily hold foreign currency accounts and convert them at any time. Individuals at home and abroad And the willingness of enterprises to hold Taiwan dollars is also relatively high.

However, countries such as India, Africa, South America and other countries with severe currency devaluation, highly regulated governments and a shortage of US dollars can easily obtain and hold strong currencies, whether for value preservation, arbitrage, or to accelerate cross-border business transactions. Everyone will flock to the flow of money. This is the great change of the times brought about by the central bank's digital currency. Under such circumstances, the weak currency will be more vulnerable, and the weak regime will also open its doors. This is not only currency and sovereignty, but also a new round of competition in international politics.

Sovereignty and coinage are closely related. In 2021, the two major powers of China and the United States are bound to further challenge the sovereignty and legal currency status of weak countries. At the same time, the new round of competition between powerful countries will also become more intense, and all countries are involved in it. . This is why we must seriously discuss and focus on central bank digital currencies at this time.

Reference article:

Who Should Worry About Central Bank Digital Currencies? The secrets that virtual currencies don't say

Rothschild, the world's most mysterious and richest family