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Inside The Battle For the Next Global Monetary System – Facebook Libra vs Central Banks

Could these be the opening shots in the battle for the next global monetary system? Join Mike Maloney as he explores the serious implications that arise from Facebook's foray into the world of finance, and whether or not their Libra project is the ultimate Trojan Horse. Links: 140 Years Of Monetary History In 10 Minutes: . Andreas Antonopoulos Libre Not Libra: Hidden Secrets Of Money Episode 8: Baldwin Hills Dam: Download Mike's best-selling book for free here: Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately – we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of days later. This is to encourage people to join our free newsletter – because one day, we may not have YouTube to rely on. Join our free newsletter list by going to and entering your email address in the 'Get Market Alerts' box at the bottom of the page. As always, thank you for your support. M.

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42 Comments on Inside The Battle For the Next Global Monetary System – Facebook Libra vs Central Banks

    • I guess Dow n Nasdaq is a big debt bubble created by the us fed with its Fiat currency the dollar 💵

    • God bless you richly for the huge information.
      Pls, make a research on TBC – The Billion Coin. Is a Private coin and user based cryptocurrency backed by gold. Thanks Sir.

  1. Hi, you have great videos, but why would someone sell valuable gold/silver for “worthless” dollars?

    • if you have enough gold and silver then you may be able convert it back to fiat dollars to pay off debts that are in dollar value otherwise you would HODL until the next currency is introduced and gold and silver is revalued to the new currency.

    • You won’t, you’ll buy property and land and the like directly with your gold or silver, just like they’re doing in Venezuela.

    • Because I think we have ups and downs coming before a collapse. I believe I will see another US bailout. I plan on selling and re buying gold and silver at least one more time. Maybe 2.

  2. Um, facebook is supposedly blocked in China. It isn’t in Hong Kong or Macau but the rest of China, it is suppose to be blocked. I don’t think they are really worried. I think it’s just an excuse to release their own coin that they were planning on anyway. This isn’t a sudden decision China made. There were articles last 2 years (2017 & 2018) talking about China developing their own crypto.
    I would expect most countries to create their own national cryptocurrency. There will be a war as to which one dominates and becomes the world reserve.

  3. Cryptocurrencies are fiat and just a bet. If not used for currency then what is it used for? That alone will tell you what has intrinsic value. Nothing wrong with betting and making profit with cryptocurrencies but it is not a safe store of value. True money is free and not tracked but governments like to keep track of money so they can steal from you legally with a thing called tax. So gold and silver are true money because they meet Aristotle’s definition and they are used in manufacturing to create products .

  4. I don’t trust Facebook controlling this thing. Not that I trust USA with the dollar. I’ll watch it. I prefer bitcoin more because I know it’s not centralized.

    • Ken Dreamer cryptocurrency was created by the same people that brought you the dollar.

      Gold and silver is real money and nothing else.

    • What do you get when you buy Bitcoin? A wallet on your computer Lmfao. I have some crypto but there is no trail or proof you own anything! Its absolutely insane that people would put all there trust in a wallet on your computer!!!!

  5. Sadly, the timing of all this came when I was in a financial mess. At the very least, I’m grateful for knowing how to prepare with what little I can.

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