Freaky 7.2 Earthquake Off Alaska's Coast Triggers Brief Tsunami Warning
Plus at least 6 earthquakes in western Virginia since early June, according to experts - a sign of things to come?
Overnight there was a 7.2 magnitude quake identified off the Alaskan peninsula. This particular quake triggered a tsunami warning, which was curtailed shortly after.
Separately, FULCRUM has noticed a strange uptick in earthquake activity on the east coast — Virginia, specifically. Is there more to this story?
In non-earthquake news, BlackRock Larry Fink’s elated chatter about Bitcoin’s ability to “transcend” national currencies gives me a degree of hope that the world view outlined in 2023’s FULCRUM research release, Sacred West, was basically correct.
We’re getting the mid-2020s we were promised: a soft emergent globalism where national currencies fade, uncensorable major cryptos mainline, and labor as well as consumer markets begin to be defined more by crypto balances — or mining potentiality — than by any particular fiat currency hustle they were engaged in previously.
This means that entire industries — insurance, retail banking, card processing networks, etc. etc. — are perhaps just months away from hearing a knock on the door from chupacabra Bitcoin.
Industries built close to the fiat rails of yesteryear stand to lose the most, and they know it, too.
Of course, there’s an alternate future where the banks give Trump the money he needs to win… Trump then wins and ushers in a CBDC — central bank digital currency; basically all the worst elements of crypto, with none of the positives like irreversibility or censorship resistance.
Payment made via CBDC could, theoretically, ban the recipient from certain kinds of purchases — like alcohol, or travel — and would be the legitimate beginning of a societal journey down the slippery path of letting a handful of unelected people completely control the money supply, both at the origin point as they do now (they’re allowed to create our money from thin air) and at the exit point (controlling what you can buy with their money at stores).
While presidential candidates Ron DeSantis and RFK Jr. have been vocally anti-CBDC, and tolerant toward peer to peer cryptos like Bitcoin, Trump has been eerily quiet on the CBDC juggernaut. As with his unprovoked love for the vaccine manufacturers back during the pandemic, Trump appears to be quietly on team CBDC — which is why he isn’t raising a stink about it at all.
Or, he doesn’t understand the issue fully, which is frankly even scarier. Imagine a near future where CBDC becomes law and Trump isn’t able to realize the economic dangers beforehand.
Whether you can buy a six pack at the grocery store would be decided in essence by Alex Soros, John Podesta, or another member of the global autocracy.
This is why the right’s lack of sophistication re: crypto is so troubling.
It’s a liberty and a property rights issue — both of which should have conservatives drooling, yet they are strangely still in the backseat, letting big government Dems decide crypto policy that may endure for the next 50 years.
They’re bickering over which race horse will win the next cycle, not realizing the race track is about to be paved over altogether. No more America as we know it today, if CBDC were to become law of the land. DeSantis is not wrong there.
Anyway, happy Sunday, and thank you to all the new readers. Greatly appreciated.
Don’t forget to follow on TikTok as well. Nearing 10,000 subscribers on the new account there, which is great to see.
Onward,
D