{The U.S.|The United States} Dollar {has|has actually} ruled the {financial|monetary|economic} {world|globe} for longer {than|compared to} {most of|the majority of|a lot of} us {have|have actually} {been alive|lived}. {As far as|As for|Regarding} the {vast|large|huge|substantial} {majority|bulk} {of us|people} {knows|understands|recognizes}, the {world|globe} orbits the {sun|sunlight}, {and|as well as|and also} the {sun|sunlight} orbits {the U.S.|the United States} Dollar.

1. How Bitcoin Blockchain and Ripple May Help Kill U.S. Dollar
teamsteverhyner.com/how-bitcoin-blockchain-and-ripple-may-help-kill-u-s-dollar/
The U.S. Dollar has ruled the financial world for longer than most of us have been alive. As far as the vast majority of
us knows, the world orbits the sun, and the sun orbits the U.S. Dollar. Every nation in the world has been forced to
become a loyal subject of this Western-based hegemony for decades, and the U.S. has been living on an unlimited
credit card ever since World War II.
This cozy world of fiat dominance, well-maintained at the barrel of a gun, has worked out incredibly well for the U.S.
Government, its central bankers, and the citizens of the republic.
Well, I’m here to report to you that the days of $499 42” HD TVs and $1.99 gallons of gas are numbered, and a new
economic reality show is about to begin.
One that will be built around technological innovations like Bitcoin’s blockchain technology and new dedicated
instruments like Ripple. These protocols will help change the monetary systems of the world forever, systems that
frankly are long overdue for an upgrade, and the ‘American Empire’ will never be the same again.
Fools and vested interests may end up blaming ‘The Blockchain’
First things first. I titled this article this way for a reason. The U.S. Dollar is going to collapse, and it will collapse
regardless of the implementation of these new technologies.
1/8

2. In the coming years, when the U.S. Dollar has been removed from its global leadership position, there may be a spin
from vested interests to blame the new digital currency technologies wrought by Bitcoin for this economic reset.
This would be as foolish as blaming CGI for the relatively poor movies we have been left with over the last two
decades. This financial ‘House of Cards’ was tumbling down long before Bitcoinand blockchain technologies came
along.
The nations of the world both admire, hate, and fear the United States. When you have one country creating the
world’s best entertainment, importing and cultivating the world’s best technologies, producing the world’s largest
military force, and commanding the world’s “global reserve currency,” what you have is a true global empire, not
unlike Rome was a couple of millennia ago.
This has led to an American military base in virtually every nation in the world, copious amounts of U.S. Dollars in
every central bank in the world, and an international resentment for this level of seemingly unlimited access and
control of the world.
The other 190+ nations of the world would love to remove this ‘American empire,’ and are burning the Midnight Oil to
do just that, or are waiting to join someone who can. Just like with Rome, all empires must collapse.
I would recommend you check out Doug Casey’s “The International Man” free newsletter. It goes over the
similarities between the fall of the Roman Empire and the coming fall of the American empire in painstaking detail.
His wisdom should serve you well.
Those who do not learn from history are doomed to repeat it, and the American empire is proving no different.
Who wouldn’t love and trust the U.S. Dollar?
The U.S. Dollar currency also is following a similar failed path to self-destruction. A quick economic lesson on how
Global Reserve Currency status works.
When a single currency is chosen for reconciliation of international trade for all goods, be it steel, food, military
equipment, or oil (creating the ‘Petrodollar,’) that is a called the global reserve currency status, which the U.S. Dollar
currently enjoys.
These powers normally last a couple of generations, and then are reconstituted. The U.S. Dollar has managed to
reign supreme over the world for well over 70 years, and like a 70 year-old person, it is running out of time, and it
shows.
Whether it is through the Federal Reserve’s “Quantitative Easing,” the massive purchasing of gold by banks and
governments recently, or the Federal Reserve being forced to buy their own Treasury Bonds to prop it up, because
no other nation wants them anymore, every other nation is plotting, planning, and rooting for the Dollar’s coming
demise, whether they say so publicly or not.
Being the global reserve currency forces nations to hold and use the U.S. Dollar for international trade, instead of
their own currencies. This also allows the U.S. print trillions of dollars each year to pay for wars, debt and other
financially irresponsible behavior.
Basically, it is a license to print money and abuse the global system, while exporting the inflation (amount of
currency in circulation) to the rest of the world.
2/8

3. In exchange for these exported dollars, the U.S. gets the world’s finest goods and resources back, in exchange.
As long as this system continues, the US government can continue to go deeper into debt without suffering serious
consequences, and they have been abusing this system for decades.
Just imagine being totally broke (If you were over $19 trillion in debt, you’d be considered broke, too), yet every time
you want to borrow money there’s a crowd of delighted lenders eager to replenish your wallet with fresh funds.
In addition, not only has the U.S. been piling on the debt and currency creation, but they have been muscling the
world’s banking system to do their bidding, at will. Creating FATCA (Foreign Account Tax Compliance Act) is a great
example.
The FATCA regulations are designed to tax Americans who work abroad (the U.S. is the only country on Earth who
does this) and they force the rest of the world to do the actual legal legwork.
All the documentation and vetting is done by the foreign banks, and any current, or former, U.S. citizen, or business,
is attacked with paperwork, background checks, and scrutiny that is a chore for the banks to comply with, much less
the entity themselves.
This has led to banks in other countries to turn away Americans due to the amount of work and oversight involved.
Everything the American does must be reported back to the U.S. authorities and if not, the bank is excommunicated
from the global banking system.
So the shorthand of it is a current, or former, American citizen shouldn’t expect to get a foreign bank account any
time soon, and even if you do, you probably won’t want it.
This is basically a backdoor ‘capital control,’ keeping American funds in America, by regulating the citizen and the
foreign country/bank.
In other words, the U.S. Government has gotten so good at creating new laws and regulations they are now creating
them for the rest of the world to follow as well. How sweet is that?
In addition, foreign banks who don’t play ball are subject to massive fines by the United States if they don’t ‘play
ball.’ Two years ago, French bank BNP Paribas had to pay $9,000,000,000 in U.S. fines by helping clients dodge
U.S. sanctions on Iran, Sudan and other countries.
If you want to turn France from a friend to an enemy, that’s a good place to start, by trying to bankrupt their major
3/8

4. banks. There are countless examples of the U.S. bullying the globe with their laws, and using the global financial
system they control as leverage.
Well, the nations of the world have had just about enough, and sure would like to find a better was in the 21st
century. Foreign banks and governments aren’t interested in being American lap dogs for international taxation.
They don’t like reporting everything to the U.S. because the U.S. says so. They don’t like military bases in their
country, and they really aren’t interested in propping up the U.S. Dollar, which is being printed into oblivion, which
doesn’t really cause Americans inflation as much as it causes the rest of the world inflation, which is America’s
greatest export. Well, that and warfare.
International trades are supposed to be done via the U.S. Dollar, which artificially increases its use and demand for
the USD worldwide, while keeping inflation in check, for Americans, as over half the dollars in circulation are used
outside of the country for these trades.
What if you didn’t need USD to transmit value, and you could create a global digital system to do the same function,
only much faster and cheaper, without the American middleman collecting a fee every time?
Well, now we get to where digital avenues like the blockchain and Ripple come in. The world is now ready for a
better, 21st-century way of doing business. Using the USD for international trade is like using a newspaper to get
the latest news. You’re really reading yesterday’s news today and international trades are really using yesterday’s
technology to perform this function.
Banks, and now nations, are hoping on blockchain technology to do things faster, cheaper and more efficiently, and
these newer systems will have nothing to do with the ‘ole C-note.
China: We have a better idea
China, in association with their BFF, Russia, have been working together to build economic systems that will give the
world alternatives to the American Empire’s systems like the U.S.-controlled World Bank, the IMF, and the SWIFT
system.
4/8

5. China has created the BRICS Development Bank, The Asian Infrastructure Investment Bank (AIIB), and the Cross-
border Interbank Payment System (CIPS) to buttress their future endeavors without need for the U.S. Dollar or the
U.S. Government’s power plays.
They have asked the nations of the world if they want in, and have found a very receptive audience. The fact that
China is amongst the world’s largest exporters, gold producers, rare earth minerals miners, and the second-largest
economic power may have something to do with that.
Breaking up the well-established Western hegemony is the other side of that coin, so even American BFF’s like
Great Britain, have chose to join China’s international economic initiatives, as a “Founding Member,” no less.
Will China become a global tyrannical economic mastodon like the U.S. in the future, once they have everyone
onboard their ‘Silk Road’ to economic prosperity? Probably, but they are playing the part of the good host, for now,
and that seems better than the alternative.
Plus, they don’t really need to create a villain to build a following with. The U.S. is doing a fine job of that, all by
themselves. If China becomes a problem down the road, kich that can down the road. There is a problem here and
now that needs to be dealt with from The West.
China has discussed the construction of a digital currency of their own , i would necesitate blockchain technology,
with Citibank and Deloitte. This most probably will be to facilitate an international economic trading system, if not a
revised Chinese national monetary system, in the future.
With the amount of capital flight from China over the last two years, don’t discount the Chinese going fully-digital to
close off these financial outflows in the future. However, initially, this is about getting off the USD system, bringing
their global trading partners closer, and moving the U.S. off the global stage.
There are also new financial options, like Ripple. What was once the hot new altcoin that seemingly faded into
5/8

6. irrelevance seems to be getting a second chance at stardom. Ripple’s mission was to optimize larger financial
transfers, like those done between banks, not people. Well, Ripple has reached an agreement with a Japanese
consortium of 15 banks, and 30 by next year, to use their protocol for payments and settlements.
This would allow payments that may take days to happen in real-time, and potentially provide a pathway off the
U.S.-managed SWIFT system, saving the banks 90% in fees. Consider this a beta test that, if successful, will attract
the rest of the world’s banks like moths to a flame.
Don’t forget the domestic
collectivist movement
National indebtedness in the U.S.
has passed $18 trillion, by far the
most of any country in the history of the world. The rest of the planet has had it with the egregious economic policies
of the American government and are building options that will remove the U.S. from power in the not-too-distant-
future. Blockchan technology and Ripple are just another nail in the coffin of the U.S. Dollar.
There is a clearly a better way of doing international business. Bitcoin owners may have known this since 2009, but
now the rest of the world is catching on.
The U.S. Dollar, and the government itself, are making their system obsolete through regulation, hubris, and silly
Keynsian central planning. When, not if, the U.S. Dollar collpases from all of these internal, and extrenal, economic
pressures, some countries will be more than ready for what comes next.
Keynesian economists have proven to be wrong about everything. You can’t print your way out of debt. Fiat money
is debt, and every single fiat currency in the history of man has collapsed. The U.S. Dollar will be no different.
Central banksters, around the world, not just in the U.S., are gaming the system so that they win and you lose. Their
minions are targeting cash and the $100 bill, and are trying to push the false narrative that cash is the key to
terrorism.
Hey, why not ban cash altogether? Why not force every transaction through the banking system, so the banks can
track everything, skim off the top, and apply endless fees to everything from your direct deposit to your debit card
transactions?
If it were up to the banks and government, you would be dependent upon them for everything, and totally
economically captured in the process, so you couldn’t be free to escape their clutches. Cash would never be an
option because you have too much freedom and privacy when using cash, so they plan to ban cash, and are doing
so as we speak.
Former IMF minion Kenneth Rogoff is the latest pushing this collectivist agenda and propaganda into the
mainstream via the Wall Street Journal, openly criminalizing the use of cash.
Now, you shouldn’t have cash because a terrorist might use it. Next, you shouldn’t have Bitcoin, or you shouldn’t
wear shoes or smartphones (Hey, terrorist use them too, right?) This argument is simply stupid and self-defeating,
but never let the facts get in the way of a good fleecing of the sheeple.
Things like the USD $500 and $1000 bill have been effectively banned, and many similar bills in other major
financial markets have as well. Has anything changed? Has terrorism slowed down, or accelerated since? The $100
bill is a real problem, but only if you live outside of the U.S., and want some form of financial sovereignty.
If you happen to hold one of these Treasury notes, I would invest it in something with a future, like Gold, Silver, or
Bitcoin. You still have time, but not as much as you think.
6/8

7. Cash is a good thing because it may be the last form of economic freedom and privacy that we have, but no good
thing lasts forever, and many vested interests are going to see to that. The Dollar’s has built up many, many
opponents, for different reasons, both foreign and domestic, and they all seem ready for what comes next. Are you?
The blockchain and Ripple won’t kill the U.S. Dollar, but these advances may be drive the final nails needed into a
coffin that is long overdue for this funeral. They represent a better economic mouse trap for economies of scale that
is faster, cheaper, and peer-to-peer, cutting out the middleman (I wonder what that sounds like? Hey, I thought the
Bitcoin concept couldn’t scale?)
The Dollar is dead, it’s just not broke. This Treasury Note is not backed by anything but consumer confidence, and
global confidence in the dollar is waning fast. Only Americans really want it, and they may get many more than they
bargained for.
If your bank will let you have them (it is pretty much an illegal offense to withdraw as little as $1000 USD from U.S.
banks, currently), you might want to get your dollars now and invest in your financial future, which probably will not
include cash or Western-based systems. Join the Chinese, the Russians, and rest of the world. Plan for what’s
coming next.
The U.S. is doing just that. Haven’t you seen the small towns get free MRAP military vehicles, the orders for billions
of bullets, and the cryptic ‘Executive Orders?’ The U.S. government seems like they are getting ready for a war. Just
don’t ask against who.
Re-posted from www.cointelegraph.com by Evander Smart August 29, 2016
We keep encouraging you to think about the law of supply and demand. More of a commodity generally
results is a reduced value for that commodity. Such is the case with governments worldwide printing their
currency including the United States. It’s a method of monetizing America’s huge debt but it’s done on the
backs of its citizens. If it isn’t a crime it should be. Time to consider adding Bitcoin to your portfolio. It’s
easy to do and what’s more, you can earn money by invited friends and family to use the same plan as our
Protection Through Gold team uses. Using a portion of your Bitcoin mining proceeds to purchase hard
assets such as gold and silver to protect yourself against the eventual result of all of this printing currency
madness. Click here for more information.
7/8

8. Share this post and help spread the love!
Steven L. Rhyner
Thank you for reading my posts! If you would like to connect, reach out to me on
Facebook.
8/8