[ransomnote]

Actually, I said crypto currency when I should have said digital currency, according to this article. Crypto is 'decentralized' among various organizations whereas digital currency is held by the federal reserve. Basically it means all your money belongs to tyrants in our government. It's not in paper, you can't have any money they don't know about, and they can turn off access to your account if you protest - as Canada and Brazile have done to their protesters.

What Will a U.S. Central Bank Digital Currency Look Like?

 https://www.investopedia.com/us-cbdc-6740586

By

Tobi Opeyemi Amure

Published September 27, 2022

Fact checked by

Ryan Eichler

Differences Between the U.S. CBDC and Cryptocurrency

It is easy to confuse a CBDC and cryptocurrency, but they aren’t the same. A U.S. CBDC will be centralized and under the purview of the Federal Reserve, the U.S. central bank. On the other hand, cryptocurrency is decentralized, without any governing body, giving users more control. Also, cryptocurrencies run on distributed ledger technology, meaning that multiple devices all over the world, not one central hub, are constantly verifying the accuracy of the transaction.

[cgbg]

The bottom line is the claim “most banks will disappear” by January 2023 is an insane rant by an idiot.

It is so stupid I would expect to see it on MSNBC.