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RE: Germany Central Head Proposes A Fed Digital Currency to "compete" vs Bitcoin.... (surprising....and not)

in #bitcoin7 years ago

Note the difference between Germany's thoughts on this and the way Russia is embracing the blockchain.

Russia creates Russian Miner Coin to expand the infrastructure of what is already built, lends it's societal capital to the market and pays out 18% of top line revenues to holders.

Germany says, let's create a central bank's currency so we can still subjugate everyone to our will. The Bundesbank is one of the most reprehensible organizations there is.

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Is it because Russia's Central Bank is not owned by the Rothschild 's?

No. FYI, I'm not a huge fan of the whole 'rothschilds own the world meme' I'm with Martin Armstrong on this... the Rothschilds are the past. The problem today is Goldman Sachs.

But, the Bank of Russia is still a headache for Putin. It's still staffed by mainly IMF-trained economists. Nabullina, the president, is being dragged back to Russia's interests by Putin slowly. Even Medvedev, the Prime Minister, is beginning to realize there is no hope for Russian/US relations.

No, this is coming from Putin while the BoR still drags its feet a bit. Putin is the one pushing for an independent Russian financial system and economy that is insulated from U.S. hybrid war attack. He's even gotten guys like Igor Sechin and Alexei Miller (CEO's of Rosneft and Gazprom) to see the light on doing business in Dollars.

Though it took a failed coup against him in February of 2015 for that to happen.

Interesting thoughts...keeping my eyes open.