I believe the intent is to make any other digital currency essentially illegal, so that people can use only the Federal digital currency. You might still have bitcoin or whatever, but where can you use it?
And if I’m remembering what I was listening to the other day, that’s what the Silvergate bank collapse was about. They were primarily dealing in crypto-currencies & at the ‘suggestion’ of the Feds, decided to wind-down & go out of business. I don’t remember all the details.
(Federal digital currency)
I believe that’s just another step towards a World Digital Currency.
The Mark of Satan’s anti-Christ Beast will not happen tomorrow. But this is exactly how the world 🌎🌍 gets there IMHO.
Cash will be outlawed. Cryptocurrency(ies) will continue to go down.
If they survived then Revelation 13:16-18 would not be possible.
But it will happen exactly as prophesied.
Lurkers, please click on the FR screen name to see my homepage.
(I believe the intent is to make any other digital currency essentially illegal, so that people can use only the Federal digital currency.)
I think that’s about how it will go.
✝️🙏🛐
Theynwant total control over how and where people spend their money. They want to know every last transaction so that th3y can determine if it was a legal transaction or not. People who,don’t want the gov knowing about their purchases will likely go back to the barter system in order to prevent tracking by ,big brother,
Yeah…no federally chartered bank has digital assets (Bitcoin) on their balance sheet. The banks were acting as the bankers for exchanges.
God, I wish the writers of these articles (and Senators) would take five extra minutes to try to comprehend what is going on.