The digital pound to be launched

Here's the thing: gold and silver have no intrinsic value on their own. Rather, they are a group-consensus, lowest-common-denominator, mutually agreed upon measure of the value of human labor. That is to say, it takes X amount of hours/Y amount of calories expended to mine gold and silver (in the days when we still used pick axes to mine it). The valuation of precious metals is a valuation of the HUMAN LABOR required to extract them from the earth and process them into refined metals.

At the end of the day power and wealth are what they've always been: the control of human labor in the service of one's own self-interest. Historically, gold and silver just happened to be a convenient commodity by which to measure such things. Small, portable, incorruptible (in the sense that it doesn't rust, decay, oxidize, burn, etc.). But it was - and still is - about the control of the human labor required to produce such commodities.

With digital currencies, that "middle man" of gold and silver as a fiat currency backed by the commodity of human labor is eliminated. Digital currency eliminates the need for a commodity-backed currency or, rather, it eliminates all the pretenders to the throne and gets right down to the foundation of the true valuation of all wealth, the REAL commodity: the control of human labor behind the scenes and at the root of all production, manufacturing, processing, etc.

Gold and silver will be replaced by digital ones and zeroes. When a government, bank, or other entity can zero your digital bank account with the press of a button, it won't matter how much gold and silver you've invested in. Unless you have the metals in your physical possession rather than through some investment brokerage house, it will all be worthless. And even if you DO have them in your possession, laws will be passed making it near impossible for you to convert them into usable currency.

Go to a pawn shop to sell off some of your gold coins? RED FLAG! The pawn shop will refuse to do business with you because new laws that govern how they run their business will require all of their transactions be transparent. And when some customer comes in to sell gold, those transactions will be flagged as violating some law or other. Not wanting to run afoul of Big Brother and lose their business license, the pawn shop will refuse to buy your gold and silver. They may even be required to report you to the authorities.

Your only recourse will be an amnesty period where you'll be allowed to sell your gold and silver to the government for pennies on the dollar (or pence on the pound). There is no value in gold and silver beyond what people mutually agree to give it. And when they mutually agree (or are forced by a totalitarian regime) to no longer value gold and silver, it will become worthless.

Look to the REAL value, the true currency; your labor. Learn how to leverage it in service of yourself rather than in service to banks and governments. Exchange labor for labor, barter, trade. Get the banks, the government, and all fiat currency models out of your life. Divest yourself from their Ponzi Scheme. Overcome your addiction to slavery disguised as convenience.

I don't know if this your own content or a repost. If your own, my constructive criticism is don't use the background music. The content you're presenting is critical information that stands on its own; it doesn't need a soundtrack to accompany it. It's distracting and detracts from your otherwise excellent presentation.

And don't forget, you'll be required to use a smart device that is 5G-capable to access all of this.