RScoin is coming but do you want it?Top UK Telegraph journo Ambrose Evans-Pritchard just wrote about this planned crypto-currency in what is either an incredibly stupid and uneducated article or pure propaganda… it was titled “Central banks beat Bitcoin at own game with rival supercurrency.” The article is horrible central bank happy-talk that reads like the Bank of England wrote it for him and starts off with a blatant lie only three words in… this new RScoin, put out by the central bank of England, has not BEAT bitcoin. It is worse in every imaginable way than bitcoin… right down to the name. RScoin… central banker types aren’t exactly the most creative. We’ll call it FiatCoin around here.
But the underlying intent is deadly serious. Central banks apparently have in mind mimicking bitcoin but issuing electronic currencies themselves and charging people to buy the currency. People may actually pay the central bank directly, thus creating accounts with central banks!If central banks and their handpicked political hooligans are successful in banning cash, the central bank’s RScoin could become the only game in town for millions and even billions of savers and investors. And central bankers would love that idea because they’d have total access to those accounts. They’d know everything you were doing and the ability to seize or shut off your account at their choosing.It’s posited as a good thing. Everyone needs a second opinion on what they need to do with their cash and where they spend it. No doubt your friendly central banker will be glad to give you advice, and penalize you if you don’t take it.
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We are talking the next stepping stone to global control and slavery here…
Your average person probably doesn’t even notice. And they certainly don’t seem to care.But an incredibly nefarious plan to get rid of all cash is well in process.Your average person probably doesn’t even mind.
Credit cards and smartphone payments are very convenient. So, what’s the big deal if there was no physical cash? They’ll find out, very soon, what it all means. As banks across the world are either in negative interest rates or headed that way, cash will be banned so there will be no way to avoid paying just to hold your money.
This isn’t your grandparent’s banking system. Or even your parents. They both remember the time when you could put money in your bank and actually earn interest/income on it. The good old days, we call it.
Now, we live in a central banking, fiat currency world that is drowning in debt caused by that very system itself. And in order to keep the system alive they now have to go to negative interest rates… but if you have cash and the banks charge negative interest rates, everyone will just take their money out of the banks. So, they are quickly moving to rid the world of cash.