Is It Time To Invest in Crypto?

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Is It Time To Invest in Crypto?

By Steve Kirsch

Jessica Rose, Joe Mercola, the truckers, Ernest Ramirez, Epoch Times, The Expose, and many others have been screwed by traditional financial systems. Here what you can do about it.

I’ve been absolutely appalled by what has been happening to people on the right side of the false narrative. People I know have had bank accounts closed (Mercola), accounts frozen (Jessica Rose), or money confiscated (Truckers and Ernest Ramirez).

There are now fast and efficient alternatives to using legacy financial rails, but most people aren’t aware of them. After Jessica Rose asked me what she should do to allow people to send her money but avoid her account being frozen again, I decided to write this document.

With the issuance of the latest DHS memo, I and all of my colleagues, could be considered to be domestic terrorists for speaking the truth when that truth does not align with statements made by US government agencies. Our funds could be frozen for years to come.

Fortunately for us, crypto has come a long way in the last few years. So now, if you read the information below, you can use a new blockchain called Solana to transmit USD from person to person instantly 24×7 for a fraction of a penny as well as protect your assets from being unethically seized by a misguided government. That beats the $4 to send some ETH and $10 to send anything via USDC on ETH.

WARNING

If you don’t understand anything I’ve written below, don’t worry. It’s pretty esoteric. It’s beyond the scope of this article to do a crypto tutorial. This article is written for people who are familiar with crypto already or who have a local crypto tutor. There is a learning curve associated with all of this. I’ll leave it to others to provide the education. Find a friendly crypto expert and they can help you.

The second thing is that this article is simply my current thinking. You should seek alternate points of view and after doing that you may not agree with me. That’s fine. I’m simply proposing this as a perspective to consider. Read the comments and you’ll see the variety of perspectives on this.

My current thinking

In a nutshell, I think the best approach to protect your assets from irresponsible government actions enforced by legacy financial actors is the following:

  1. Diversify a reasonable chunk of your assets (say 25%) into decentralized crypto vehicles that cannot be seized or frozen such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Polygon (MATIC) and Avalanche (AVAX) are also possible choices. The asset allocation is subject to opinion.
  2. Avoid storing sizable assets (for any length of time) in any stablecoin tied to the USD (such as USDC and USDT) or any other fiat currency. These assets can be (and have been) frozen by order of the US government. USDT has frozen over $1M and USDC has frozen $100K.
  3. If you have a lot of money, you should have two distinct wallets: one for day to day use, e.g., a self-custody wallet app like Phantom and one used for storing savings that you never carry with you (e.g., stored on a Ledger Nano X stored in a secret secure location). That way, if your app is ever compromised, you won’t lose all your money.
  4. Typically, the one for daily use will be a 12 word seed; the Ledger X will create a 24 word seed. 12 words is more than sufficient security for now; it’s basically uncrackable for all practical purposes even with massive compute power.
  5. Keep the backup of both private keys (i.e., two word lists) in multiple safe places (including places out of state) so no matter what happens, only you (and those you authorize) can retrieve the keys to recreate your wallets. For example, you can put your keys on a USB stick encrypted using AxCrypt. That way, in the unlikely event someone finds the USB stick, it’s useless to them. Your data is always available to you even if you are deplatformed. You can also store that data in the cloud if your passphrase is sufficiently long.
  6. For doing day-to-day transactions, USDC on Solana is the way to go as long as your counterparty has a capable wallet that supports USDC SPL tokens on Solana. You can pay people in <1 second for a near zero transaction fee (far less than 1 cent). This should be the standard for paying people.
  7. You’ll likely want to create an account at FTX to enable you to buy/sell crypto and interface to the legacy banking system as well as to be able to pay someone in legacy USDC (on ETH). I’ve previously used Coinbase and Coinbase Pro and FTX is really impressive.
  8. Don’t leave any sizable assets sitting at crypto exchanges for any length of time: they can be seized.

Recommended Checklist:

  1. An account at FTX for in/out at your bank, trading cryptos, moving USDC from Solana to Ethereum blockchains if needed to pay someone the slow, expensive way. When you withdraw USDC, for example, you select Withdrawal method: Solana SPL. If you keep Wrapped Bitcoin (Sollet) and Wrapped Ethereum (Sollet) in your crypto wallet, you can instantly and cheaply move ETH and BTC from the exchange to/from your self-custody wallet and FTX instantly for near zero fees. That’s the way to go for the small value wallet. Those tokens are more risky.
  2. A self-custody wallet iPhone app like Phantom that supports Solana USDC-SPL, instant swaps, staking, and interface to Ledger. This enables you to instantly move between SOL and USDC-SPL when you need funds and enables you to pay others using USDC-SPL so you can pay in USD instantly with no fees.
  3. Ledger Nano X. Manage your major holdings using Ledger Live. This is recommended if you have a lot of money and are worried about your iPhone being hacked or worry about someone forcing you to transfer funds at gunpoint. This is essentially your “off-line” wallet. Solana isn’t natively supported yet.

 

 

Editor’s Note: 

New Global Currencies

New Resistance Global Currencies that support Independent Media and are against the “Great Reset” –

Our World Coin, a force for good and a peaceful revolution, is built to save humanity from the Globalists deadly Great Reset Totalitarian Agenda.

Bitcoin 2.0 is a new cryptocurrency that is looking to innovate the Global Payment System. It is backed by real value in independent media news sites & networks.

Truth Coin, a platform that’s free from Globalists’ control, and will not support the Great Reset Agenda or the vaccine digital passport. This enables everyone to support and benefit from building a better world, by the people for the people, a force for good.

*Note We Deliberately Miss Spell Some Words or Add Capital Letters To Get Around Big Tech Censoring.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Truthbook.social offering hundreds of thousands in giveaways for those joining its new social media platform as many desert Facebook in droves because of censoring

Here is some of the current incentives being offered to new users

Join www.truthbook.social our new social media platform backed by Independent Media. where you can speak the truth, and not be banned. Plus you'll receive $50 USD in www.truthcoin.social,the crypto currency backing the project, when you join, plus a lot more for sharing posts. www.truthbook.social

Subscribe for free to our ANR news emails and access 2 free ebooks plus Reports to share with family and friends about Covid fraud and the danger of the vaccines.

For ANR Smaller Donors please donate below to help fund our critical not for profit work. Together we can defeat mainstream media.

We are a not for profit Independent Media Company which survives off donations, even as little as $5 per month . Please donate now to help fund our work

Truthcoin Offer

$1000 USD turns into Now $6000 Truthcoin
$2,500 USD turns into Now $25,000 Truthcoin
$5000 USD turns into Now $65,000 Truthcoin
$10,000 USD turns into Now $150,000 Truthcoin
$15,000 USD turns into Now $250,000 Truthcoin
$50,000 USD turns into Now $1.15 Million Truthcoin
$100,000 USD turns into Now $2.5 Million Truthcoin

Leave a Reply

Your email address will not be published.

Play Video

McIntyre Report
Political Talk Show

We are a not for profit Independent Media Company which survives off donations, even as little as $5 per month . Please donate now to help fund our work

Raw Report

Ryan Jackson Saw show

in USD

in AUD

in GBP

in CAD

Jamie McIntyre

ANR on

Currency Exchange Rates in AUD

Live and updated every minute of the day

Current Price of Bitcoin 2.0
0.10 on Azbit

Nurses Speak Out

ANR Meme Report

with Nadine Roberts

Episode 002

21st Century Political System

Play Video

Editor's Pick

Get our free News Emails on latest articles, alerts and solutions for both legal templates and ways to help fight back against the Globalists vax Mandates , and health resources to boost your immune system and ways to Protect from deadly EMF 5G radiation and more.

FREE E-BOOKS AND REPORTS ALSO

Download the Full PDF - THE COVID-19 FRAUD & WAR ON HUMANITY