Very Deep Continued..... by silverd510

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steemsilvergold · @silverd510 · Jun 19 '19 (edited)

$10.83

Very Deep Continued.....

# Evening all.....<br>

So yesterday I made a post about a conversation that I had with one of my potential customers about crypto’s.

If you didn’t happen to read it here is the link.
https://steemit.com/steemsilvergold/@silverd510/very-deep

As I stated yesterday there was a ton of information that needed to be processed. One of the topics that has been swimming through my brain all night and all of today.

He said that governments are 100% in favor of going to crypto as a payment system. Of course I asked why he thought that?

Crypto would give the governments absolute control of the monetary system then. While the can manipulate any fiat to a degree, they cannot control what people are holding and stashing away. Crypto’s can also be manipulated even easier then fiat, gold, silver, oil and any other asset.

I try to explain it in a little more detail.

The banks are the ones that are lobbying to keep the governments from going crypto. Big business with big contributions to the right people keep it at bay for now.

The government could shut down the internet at any point they want leaving crypto’s useless. While they could shut banks down as well, they can’t stop the fiat that is already in circulation. Even though fiat is just a promissory note, it is something held in your hand. Crypto’s can not be used without the internet.

He stated that if crypto’s ever do get into the government system that it will only be a few select crypto’s that will survive leaving all others worthless.

Do you agree with this thought? I’m not knowledgeable in crypto enough to be able to dispute this so I’d like to know what your thoughts are.
![EE7E56C1-01A1-402F-972E-A0F7334BF14D.jpeg](https://cdn.steemitimages.com/DQmVQ7XjvJcy1DNYtiXNHC3t4VHqC9oCE3eSZ8Gbha5ArbH/EE7E56C1-01A1-402F-972E-A0F7334BF14D.jpeg)

👍 tipu, silver-hammer, ssg-community, vaansteam, raybrockman, warofcraft, silverd510, jasonbu, sbi9, thedamus, tbnfl4sun, stsl, jeffrey24864, thealliance, kerrislravenhill, raddog, senstless, goldkey, silveringots, enginewitty, khimgoh, a11y, vlemon, minnowbootcamp, haiyangdeperci, vgholdingsllc, sam99, welshstacker, myprecious, summertooth, knowledge-seeker, ezravandi, dixiesilverminer, map10k, accelerator, inprovision, ronaldoavelino, steemusa, hdu, jonknight, funtraveller, bmj, moeknows, delabo, nikolina, progressivechef, imisstheoldkanye, dadview, themanwithnoname, steemexpress, handofzara, rhondak, coolbuddy, jatinhota, willsparks88, votes4minnows, sgt-dan, byn, pc-tip, syndicates, simgirl, fiftysixnorth, edthecanadian, gamezine, and 34 others

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marty-arts	115,707,007	0.46%
silverstackeruk	231,596,758	1%
tipu	8,757,341,000,344	10.24%
welshstacker	6,849,878,171	75%
accelerator	4,817,540,633	0.28%
snowpea	136,412,826	3.68%
mikeshuh	355,357	25%
stsl	19,844,032,682	15%
rumplestiltskin	386,108,690	10%
vlemon	9,097,213,832	1%
molovelly	148,693,937	4.6%
stnwllstrtgc	394,135,314	30%
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byn	988,861,489	3.68%
syndicates	844,454,680	9%
sgt-dan	1,109,097,690	4.6%
funtraveller	2,975,851,271	1%
a11y	9,289,236,847	9.4%
steemusa	3,686,343,311	10%
gamezine	639,698,159	0.28%
crescendoofpeace	408,806,784	2.3%
astrea	121,672,282	9.2%
blue.panda	257,487,149	9.1%
calumam	155,253,104	6.9%
bengy	161,511,689	0.92%
senstless	11,627,174,157	10%
cygon	272,841,919	4.6%
christianyocte	131,100,757	0.92%
vgholdingsllc	7,150,684,573	15%
vaansteam	144,038,248,012	30%
roger.remix	293,520,668	0.92%
warpedweaver	184,071,094	5%
themanwithnoname	1,805,448,719	10%
khimgoh	9,506,573,915	4.6%
lovelyboo	590,617,994	100%
corndogg42	295,856,422	20.25%
silversupplement	92,526,747	20%
redheadpei	70,191,658	0.46%
willsparks88	1,255,037,077	5%
myprecious	6,670,610,138	20%
silverd510	24,480,520,719	100%
ronaldoavelino	3,896,511,252	2%
minnowbootcamp	7,670,772,767	20%
ezravandi	5,179,136,809	3.5%
dixiesilverminer	5,125,741,653	100%
ulqu3	606,350,100	4.6%
silveringots	11,584,408,420	85%
silver-hammer	6,337,238,669,027	90%
ssg-community	2,748,994,562,863	50%
metametheus	588,653,984	2.5%
laissez-faire	76,776,481	100%
sbi9	24,269,726,499	9.26%
adyorka	106,122,842	5.12%
votes4minnows	1,253,696,208	3%
hdu	3,336,061,867	2%
steemexpress	1,772,335,998	3.01%
blind-spot	227,986,568	1.38%
delabo	2,641,293,365	1%
whiterosecoffee	122,245,396	8.28%
hozn4ukhlytriwc	134,519,635	15%
inprovision	4,080,313,996	20%
senstlessmonster	250,347,690	10%
thesilverdoll	432,501,287	10%
map10k	4,900,642,053	0.4%
pc-tip	933,967,222	2%

@dwingsworld · Jun 19 '19

@silverd510 he is 100% right brother at least in my view.  The Fed chairman has already been pushing a payment card that would access all your funds that would be housed by a government backed institution.  No pay day, no checks, no cash, just the promise your funds are on the card.   It will be just like social security a giant bank for them to raid and then lie that it's someone else's fault.  
What's true is if you don't hold it you dont own it. Banks can deny you funds at any time thanks to Dodd Frank. Same can be done at an exchange for crypto.  Appreciate the post brother!!

Posted using [Partiko Android](https://partiko.app/referral/dwingsworld)

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@handofzara · Jun 19 '19

Shutting down the internet would bring almost all commerce to a halt!  Think about how the internet is utilized with every credit card payment.  No internet no payment system.  

I think all cryptos are in a brave new world.

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@kerrislravenhill · Jun 19 '19

The Canadian govt is mulling over the same thing of a crypto based currency with Operation Jasper.

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@thedamus · Jun 19 '19

There is much to say about this. But 1. If the gov shuts down the internet we’ll have bigger problems than money. And 2) bitcoin has already been broadcast on Hamm radio 😜👍

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@silverd510 · Jun 19 '19

$0.03

I agree we will have bigger problems. And thats exactly what i think would happen if the bankers ever lose to the government. What better way to cause choas then that? You should read the first post on it.

👍 silverd510, thedamus, guiltyparties

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@thedamus · Jun 19 '19

Yo D, just did... and I agree: there is a real possibility that it all goes up in smoke. But in the mean time, great opportunity  to make some mind-bending roi’s

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1 reply

@tts · Jun 18 '19

To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/silverd510__very-deep-continued.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.

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