Parallel - Crypto in Action - Post #14
It is hard to know which will come first.
A Digital Id or CBDC (Central Bank Digital Currency)
Or perhaps THEY will sneak them both in at the same time.
But here’s what we do know.
A Digital ID and a CBDC will come and we will not comply.
And this is why.
A Digital Id will result in a complete loss of your freedom.
And a CBDC will result in the complete loss of your traditional money.
What does it mean to reject these 2 concepts?
If you reject a Digital ID you will be shut out of mainstream society as we know it.
You will lose access to all the goods and services you have come to take for granted.
You will be denied food.
If you reject a CBDC, there will be no other financial alternative unless you create one.
This is why we are building a new society.
From the ground up.
One piece at a time.
Consciously.
Parallel.
In this installment, we will talk about removing ourselves from the global banking system while we still have time.
Imagine that every financial concept you have is about to be turned on its head. Everything you thought was solid financially is about to become quicksand. Everything that was “too big to fail” is about to fail.
And that there are people living on the same planet as you that are orchestrating this cataclysmic transformation.
In plain sight.
What is your plan?
There is no “one size fits all”.
But we need to begin to explore how we will deal with each other locally, nationally and globally on a financial plane as THEY move to collapse our traditional monetary systems.
The seeds of our financial future are now being sown.
Let us begin to explore the early harvest together. Let us share in this work as we begin to rebuild our communities, our countries, our world.
What are YOU as a group doing to move all of us forward?
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Paul in Edmonton, Alberta, Canada will start us off on this journey.
This is an example of what is happening and can happen in communities.
Any community.
Build on this.
This is condensed from a larger piece…..
https://manknownaspaul.substack.com/p/why-we-need-to-use-cryptocurrencies
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“Now let’s talk about how to get started with cryptos in your community’s local market.
Step #1: Find a secure wallet
Get a non-custodial cryptocurrency wallet that can accept a currency you value. If you don’t know what that is yet, comment below. I have many resources that can assist you in finding a blockchain ecosystem that has what you need.
You might start with a wallet that’s on your mobile phone like Exodus, but for an extra layer of security, we recommend a hardware or ‘cold storage’ wallet. Some options:
Step #2: Choose a coin that fits your needs
Configure your wallet with your currency of your choice. Many people insist on using Bitcoin and while we’re not opposed, any means of exchange you can use that is not your nation’s collapsing fiat is preferable. We lean towards chains like Ethereum, Polkadot, and Cardano, since they are of a later-generation and allow for further expansion of offerings with smart contracts, which will prove to be invaluable as communities adopt these blockchains more in their day-to-day trade.
note: Anyone who suggests there is a ‘best coin’ clearly does not comprehend the values held by the blockchain community and is operating under a slavery mindset that some centralization should be observed.
With the plethora of Decentralized Exchanges (DEXs) available, one can send any coin they want from their wallet and have it automatically exchange so it shows up in any other wallet, regardless of what coin it accepts.
They call this ‘cross-chain interoperability’
If you coordinate currencies wisely, the most you’ll see for fees is typically less than the price of an e-transfer.
(example: In early 2022, I witnessed a transaction valued at approximately $150,000CAD be processed within 15 minutes for about $0.09)
Step #3: Incentivize your customers to pay with your favourite coin(s).
This can be done in various ways, but here’s how we did it:
a) Most wallets provide you with a QR code that associates with your wallet’s ‘address’ on the blockchain. It’s a good idea to download that and put it on a print-out for your market display.
b) Our marketing offers 20% discounts when people pay using cryptocurrency. (So if the total bill is $50, the amount requested is only $40 when paid with crypto.)
Because of the market volatility, it can be helpful to use the average price of the most previous 7-days when determining the exchange rate at any given market.
Another option that works is to get a widget for your phone where you can quickly check the current price on your desired asset. Even Apple’s built-in stock ticker lets us see the exchange between the Canadian Dollar and any Crypto we want.
Here’s what we plan on doing next:
At private markets, we can have a kiosk at the front door, where customers can quickly exchange their fiat currency for the community’s chosen cryptocurrency. This will make adoption easier for the community, making the ‘exit’ from the monetary system more of a series of baby-steps instead of one risky leap.
Vendors could see ‘free’ booths; with the innovations found in Stake Pools, vendors could ‘stake’ their ‘savings’ account and together the community can realize returns as high as 4-5% APR, compounded every 5 days. Stakeholders of a consensus-determined amount would have their ‘table fee’ waived.
Here’s one last suggestion:
Give each other a high-five every time you complete an on-chain transaction.
Look. Let’s be real. Taking back our economy isn’t going to be easy, but every step we take is another closer to removing the globalists from the picture.
The more we do it,
the easier it will be do to it,
we’ll see more stable exchange rates,
our communities will safeguard their wealth
So when a transaction is complete, make sure to appreciate having taken that simple step; even if it’s just a high-five. “
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https://www.theworldresponds.com/we-shine
Join us!
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