Youâre receiving this email as part of your subscription to Andrew Zatlinâs Moneyball Daily [Unsubscribe]( [Moneyball Economics] The U.S. Govât is about to Violate Your Financial Privacy Tuesday, November 15, 2022 The worldâs second-largest crypto exchange just went belly up. This is exactly the news the U.S. government needed so it could start promoting its digital currency â a currency thatâll likely violate your privacy. Hereâs what you need to know⦠[CLICK HERE TO LAUNCH VIDEO OR READ THE FULL TRANSCRIPT BELOW »»]( > ADVERTISEMENT < How to profit from the coming boom in gold Gold passed $2,000/oz. earlier this year, and is set for a new bull run. Now a renowned precious metals firm is sharing the No. 1 way to play it for less than $10. [MORE here...]( For a transcript of this video, see below. This transcript has been lightly edited for length and clarity. The U.S. Govât is about to Violate Your Financial Privacy The high-tech blows just keep coming. Tens of thousands of workers at Amazon, Uber, and Meta were just laid off. Meanwhile, cryptos like Bitcoin and Ethereum plummeted another twenty percent. I know what youâre thinking: âZatlin, I stayed out of high-tech investments. I donât own any crypto. I can sleep like a baby.â Well, baby â youâre about to get an ugly wake-up call⦠Because one high-tech headline affects you in a big way. Let me explain⦠FTX Bites the Dust Last week, a company called FTX went bankrupt. FTX is â pardon, was â the worldâs second-largest crypto trading exchange. It had a million customers and facilitated billions of dollars in transactions. It was considered the safest, most-reliable company in the crypto space. FTX was on a mission to make crypto mainstream. Its âambassadorsâ included Tom Brady and Steph Curry. You might remember its Super Bowl commercials featuring comedian Larry David. But now, instead of being the poster child for everything good about crypto, FTX has become representative of its evils. And for the U.S. government, this is an opportunity served up on a silver platter⦠Getting Ready to Crush Crypto You see, the U.S. central bank wants to crush crypto. It doesnât like that you can conduct transactions outside of its scrutiny. And it doesnât like competition. Now that crypto is a three-trillion-dollar market, itâs become a legitimate rival. Thatâs why central banks including the U.S.âs have been pushing an alternative to Bitcoin and Ethereum. They call it a central bank digital currency. Trouble is, their efforts to promote this alternative havenât really worked⦠Nothingâs Worked So Far Thatâs because most people donât own crypto. They donât have a dog in this hunt. Furthermore, many people understand that a major downside to digital currency is that it can be tracked. And Americans value their privacy. When you give the government the ability to track your every financial move, handing over those keys to the kingdom becomes questionable. (Edward Snowden revealed what the NSA is willing to do. Just imagine what could be done with your financial records.) Violent cartels⦠national security⦠sex trafficking â the government has âexplainedâ reason after reason why unregulated crypto is bad⦠But now it may finally have the headline it needs to get people to consider a government-regulated digital currency. The Fed Says âI Told You Soâ When FTX went bankrupt, billions of crypto dollars went missing. Celebrities like Larry David and Tom Brady had pushed Americans to buy crypto using FTXâs platform. So the money lost was from everyday investors. Now the Fed can make two points: - âWe told you so â crypto steals your money.â
- And if FTX had been part of the banking industry, your money couldâve been FDIC insured up to $100,000. Keep in mind, FTX was considered a legitimate operation. It even paid lobbyists forty-million dollars to establish its reputation and influence how crypto would be regulated. Hereâs the Deal If you donât own crypto, understand that todayâs digital-dollar is going to change: You see, in many ways, we already have a digital currency. Itâs the dollar. You get paid electronically and make payments electronically. But this will be different. This will be the ability to track your every transaction. Thatâs a powerful violation. And if you do own crypto, be weary. This sectorâs been the Wild West for a long time â very speculative, very manipulative. Once it becomes regulated, its value will drop. Guaranteed. Next year will be the year of the U.S. central bank digital currency. Itâs called FedNow. And remember, the U.S. is the worldâs economic engine. When it does something, the rest of the world follows. Get ready for some big changes in how you spend your money and how your money is tracked. And if youâve got crypto in your portfolio, consider getting out. Iâve got a great idea for âProâ subscribers. In the meantime, weâre in it to win it. Zatlin out. FOR MONEYBALL PRO READERS ONLY
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