It was a cool, fall day in Amsterdam. I had to wear jeans and a jacket… But I could still wear sunglasses outside while drinking an after-hours Heineken.
I wasn’t there on a vacation, though. In 2022, I visited the Dutch capital for two separate conferences.
They were both finance-related conferences… But I was shocked to find how categorically different they were.
First, I attended the world’s biggest banking and finance conference: Sibos.
This conference attracts the who’s who of global financial elite…
Just how elite you might ask?
Consider this: The Society for Worldwide Interbank Financial Telecommunication (SWIFT) puts on this conference.
If you’re not familiar with SWIFT, it’s the “rails” that allow money to move all around the world.
It processes upward of 45 million messages per day, which equates to around $5 trillion of money transfers per day. That’s over $1.8 quadrillion per year.
Some of the elite who have graced the Sibos stages over the years include:
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JPMorgan Chase CEO Jamie Dimon.
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Bank of America CEO Brian Moynihan.
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ING Group CEO Steven van Rijswijk.
In 2014, billionaire Microsoft co-founder Bill Gates hosted the closing session.
So I’m not exaggerating when I say this is a gathering of the global elite.
I attended the second conference at the smaller and trendier Westergas in the Westerpark. It’s exactly the type of place you’d expect to find Bitcoin Amsterdam.
The energy at this conference felt very different than it did at the esteemed banking and finance epicenter… But it was equally as important.
Bitcoin Amsterdam didn’t host a who’s who of financial elite like Sibos. (For instance, it had a distinct smell of weed from the food truck park.)
Instead, I saw headlining conference sessions with names like Adam Back, Greg Foss, and Stella Assange (wife of Julian Assange).
The conference even featured a guy who went by “The Rational Root,” who presented fully anonymous.
I was excited that I was able to attend both on the same trip to Amsterdam. Yet I couldn’t find two more diametrically opposed conferences about what the future of our global financial system looks like.
At Sibos speakers were openly discussing how − under the watchful eye of Big Brother − they were preparing to transform the complete control of money.
At the bitcoin conference, they were trying to break free from the shackles of traditional finance… opening up access and inclusivity to a decentralized system.
It was quite literally authoritarian control vs. libertarian freedom in finance.
Below, I’ll show you what the global elites are up to… and how you can defend yourself with an asset championed by the resistance.
The Elite Want to Become Your Financial Overlords
On October 19, European Central Bank (ECB) President Christine Lagarde posted the following to X.com:
Source: Christine Lagarde on X.com
The post included a video where she explained that Europe was getting ready to roll out a digital euro… in other words, a European central bank digital currency (CBDC).
It was a line in the sand that the ECB is absolutely pressing ahead with a CBDC.
Fundamentally, this gives the ECB full control of money… including the ability to wind up the money printers.
The ECB didn’t decide out of the blue to create a euro CBDC. It’s been years in the making.
At the 2022 Sibos conference in Amsterdam, I had a sneak peek of what was to come.
Quietly tucked away was an open-air presentation platform. The session underway was standing room only.
The presentation was from the ECB, and the title of the presentation was, “Digital euro – our future money.”
The presentation would go on to extol the virtues of a euro CBDC.
The speakers went to some length to state it would ensure privacy for people.
Of course, it’s a stretch to think they’d come out and say, “We’ll be able to see everything you do and control your money and how and where you use it…”
But they weren’t shy on saying how they would use it for their monetary policy.
You Don’t Let $1.7 Trillion Slip Away
The reason I’m telling you about why Europe is pressing ahead at full speed with a euro CBDC is because it’s exactly what the U.S. is going to do. It’s what it has to do.
According to the Bank for International Settlements Triennial Central Bank Survey, the world’s most traded currency pair is the USD/EUR.
It does around $1.7 trillion in daily average volume.
Now, if one side of that trade is using a completely new, high-tech system of money – and the other is still stuck with the clunky, old, rusty one − how do you think that’s going to impact currency markets and global trade?
If the ECB starts quickly and efficiently issuing digital euros, how can the U.S. respond?
I’ll help you out: It’s going to be bad news for the U.S. It will be slow, reactive, all the things it already is – but on old and archaic systems.
The way I see it, there’s absolutely no way the Federal Reserve sits on its hands as its most highly traded currency partner skips away with its own grand CBDC plans.
Not only would it make the Fed look bad, but it would only exacerbate the continuing decline of the U.S. dollar.
There’s Another Way
That brings me back to the Bitcoin Amsterdam conference.
This was such a powerful conference – because of who wasn’t there.
There wasn’t a banking CEO, central banker, or government official in sight.
This was a conference hosted by people who could see with their own eyes how the financial system is falling to pieces. They could see that control and coercion by centralized authority over your money isn’t a suitable future for any of us.
Instead of a select few financial overlords trying to figure out how to control your wealth and money, Bitcoin Amsterdam was all about putting control and power over your wealth in your hands.
Self-sovereignty, self-custody, decentralization, freedom, and liberty – these are the pillars of bitcoin.
It provides a way to opt out of a conflicted, corrupted, convoluted traditional financial system. It’s arguably the greatest tool of financial freedom we’ve ever seen.
That’s why Daily editor Teeka Tiwari has been warning you to prepare for a digital dollar.
Here’s what Teeka recently said about it:
Implementing a digital dollar is a controversial idea. [The Fed will] get a lot of pushback. Before they can pull that off, they need things to get really bad.
They need a crisis so bad that people will be begging the government to do something about it.
I believe the Fed will print money first… And only after inflation gets completely out of hand, they might start implementing the digital dollar. And they’re going to pitch that as a solution.
That’s why I recommend everyone buy bitcoin and self-store it. If you do that, you’ll be protected from a digital dollar.
Look, you have a choice. You can let the global elites be your financial overlords with their digital currencies…
Or you can follow the other team who pushes decentralization and freedom.
But you must decide soon…
That’s because Teeka believes we’re witnessing the Final Collapse of the U.S. dollar.
That means the purchasing power of the dollars in your wallet, bank account, and retirement savings will be eroded.
According to Teeka, an unprecedented government event scheduled for this month will trigger the Final Collapse. (It has to do with the crisis he mentioned above.)
He’ll reveal it all tonight at 8 p.m. ET.
Plus, he’ll tell you the one asset class that will skyrocket as the dollar’s purchasing power diminishes.
The last time the dollar had a similar crisis, Teeka’s readers had the chance to make 27 times, 56 times, and even 850 times their money… in less than two years.
As a bonus to those who attend, Teeka will give away a free pick – no strings attached.
(Teeka’s past free picks have an average gain of more than 1,100%.)
A CBDC is coming, and the Europeans have shown just how quickly this will happen. That means more money will flood the system – reducing your purchasing power.
All that’s left for you to do is decide which side you want to be on: the global bankers at Sibos… or the righteous resistance at Bitcoin Amsterdam.
I know where I stand.
Regards,
Sam Volkering
Analyst, Palm Beach Daily