Monday, June 17, 2024




18M Americans used or owned crypto last year: Fed survey estimates

by Jesse Coghlan, Coin Telegraph:

Just 1% of United States adults reported using crypto for payment or to send money in 2023.

The number of United States adults reporting crypto ownership or usage dropped to around 18 million last year, according to the latest annual household survey from the Federal Reserve.

In the 12 months to October last year, 7% of surveyed U.S. adults reported using crypto — down from 10% in 2022 and 12% in 2021, according to the Fed’s Survey of Household Economics and Decisionmaking (SHED) published May 21.

Better Get Ready; Central Bank Digital Currency Is Coming

by Peter Schiff, Schiff Gold:

You had better get ready for the world of central bank digital currencies (CBDCs) because they are coming. And they are coming fast.

According to a recent survey by the Bank for International Settlements (BIS), as many as 24 CBDCs could be in circulation by 2030.

This means even more government control over your money.

According to the BIS, 93% of the 86 central banks surveyed said they are conducting work on developing a CBDC. Meanwhile, “The uncertainty about short-term CBDC issuance is fading.”

“I became a Bitcoiner when I saw what Canada did to the truckers”

by Dave Hodges, The Common Sense Show:

Robert F Kennedy Jr, who is seeking the Democratic nomination to run for President of the United States of America, just came out as an unabashed Bitcoiner in a historic keynote delivered at the seminal #Bitcoin2023 Conference in Miami, FL.

In front of the standing-room-only crowd in the Satoshi Nakamoto hall, the presidential contender said he saw the necessity for Bitcoin last year during the #FreedomConvoy protests when the Trudeau government invoked the Emergency Act (basically declaring martial law) and began seizing the bank accounts of ordinary citizens.

JUST IN – Putin signed a law on introducing a central bank digital ruble and creating an appropriate electronic platform — TASS

Bob Kudla – [CB]/[WEF] Has Failed, Market Crash Headed Our Way, Bitcoin Surge Coming

from X22 Report:


The SEC Seeks to Freeze Binance Assets, Bitcoin Dives Six Percent

by Mish Shedlock, Mish Talk:

SEC Says Binance Misused Customer Funds, Ran Illegal Crypto Exchange in U.S. The SEC seeks to shut down Binance.

Crypto assets are down across the board today as as SEC filing says Binance ran an illegal crypto exchange that commingled client funds to a third party owned by Zjao, the Binance founder.

There could be 24 CBDCs live by 2030: BIS survey


by David Attlee, Coin Telegraph:

93% of central banks are already conducting research on central bank digital currencies.

According to a survey by the Bank for International Settlements (BIS), 93% of central banks are already researching central bank digital currencies (CBDCs), and there could be up to 15 retail and nine wholesale CBDCs in circulation by 2030.

Published on July 10, the survey of 86 central banks was conducted from October to December 2022. It asked central banks whether they were working on a retail, wholesale or both types of CBDC, how advanced the work was, and their motivations.

If you don’t think the Fed is pursuing a CBDC, think again.


CBDC – The Real Target

by Martin Armstrong, Armstrong Economics:

A lot of people somehow think that the move to Digital Currency is a completely new monetary system, It is targeted to eliminate cash transactions so everything is taxable and nothing can be hidden from our overlords. If we look at commerce in the United States during 2022, 82% of all transactions were digital – Debit cards (20 percent), credit cards (30 percent), and digital wallets 32 percent. That was e-commerce.

NOW – Trump on cryptocurrencies: “There has been a lot of use of that and I’m not sure that I would want to take it away at this point.”


from Geopolitics & Empire:


Pilot CBDC Shows Central Bank Has Total Control

by Rhoda Wilson, Expose News:

“Conspiracy Theorists” Were Right Again!

The pilot project of Brazil’s Central Bank Digital Currency the Real Digital allows the freezing of user wallets and reducing balances, as was always highly suspected by “conspiracy theorists!”

The Real Digital

The president of the Central Bank, Roberto Campos Neto, presented Brazil’s digital agenda back in November 2022 where a preview of the Real Digital app was presented. According to Campos “The Real Digital, the central bank digital currency (CBDC) in Brazil, appears to tokenize the banking system” he explained that the “CBDC is nothing more than a token issued by the bank upon deposit” (source).

Central Bank Digital Currencies are Spycoins

by Rhoda Wilson, Expose News:

Unlike paper money, Central Bank Digital Currencies (“CDBCs”) are very unlikely to offer privacy protections. They threaten privacy in ways that the world has never seen before.

In November, Big Brother Watch published a report titled ‘CBDC – a privacy-eroding pound? Lessons from international central bank digital currency pilots for the UK’. It provides an in-depth analysis of CBDC pilot projects from around the world.

Shocker: World’s biggest bank CEO hates crypto

by Simon Black, Sovereign Man:

Yesterday Senator Elizabeth Warren used a Wall Street oversight hearing to whine about cryptocurrency.

At one point, almost as if a well-choreographed football play, she passed the ball to Jamie Dimon — CEO of JP Morgan Chase, the biggest bank in the world — to “explain why crypto is such an attractive financial tool for terrorists, drug traffickers, and rogue nations?”

It’s hard to imagine a more loaded question.

Mr. Dimon gleefully caught the pass and said: