“that will replace cash”
Screw that. It gives more power to the government which by the way right now is under enemy occupation. “Do this or we will freeze your account”
What could possibly go wrong?....................
Banks and firms participating in testing digital currency include:
BNY Mellon
Citi
HSBC
Mastercard
PNC Bank
Swift
TD Bank
Trust
US Bank
Wells Fargo
They can use their digit(al) to test their prostate!
The Swamp imports millions of criminals. They cause chaos by not enforcing laws about theft and violence. Then they treat all the normal people as criminals.
They will cause so much crime and chaos that people will beg to have their freedom taken away in exchange for security.
This happens and your freedom is over.
Frequency and volume will be limited.
So...in order to be inclusive...money you didn't have now magically appears in a digital account? That appears to be a pretty good rate of return.
Is anyone in Washington standing up against this?
It seems like this is being sneaked in with no opposition.
Additionally, since a fully digital system would be -- surprise -- digital, there would be no reason to use a MasterCard as an interim step. Some companies will learn this very quickly.
If we fail to stand against this BS it will only escalate.
Here is the problem. Even here on the FR there are too many lazy people who will not fight this. They won’t fight it because they are too lazy to use cash, too lazy to change banks, too addicted to “convenience”, won’t call and protest it, won’t boycott it. They will instead embrace it, take us all down with them, and then be absolutely sorry they did when reality smacks them up side the head.
They just cannot see the writing on the wall and what the cause and effect of this laziness and shortsightedness will be like in the end. Everyone should call and raise hell with these banks and be serious about pulling their funds out and changing banks. But they won’t... They are going to take us down with them...
So how does the Government get around this? Pass a law that the current Legal Tender is not legal? Is that a confiscation of your money?
Also note that our money is "Tender" which means it cannot be traded for Gold.
Would this make the Banks a monopoly? Others, including just a person to person transaction would be unable to be completed without a bank. So monopoly?
How about this scary idea, President said we have Zero Inflation last month while the bank deducts 10% from your account to cover the real inflation?
are credit unions involved?
“This is only a Test…”
**Beeeeeeeeeeep**…
“We interrupt this regularly scheduled broadcast in accordance with the EBS, QuadS and NSAS. Attention:
IMF, UN, NATO have now switched over to World Funds System. As of this time, all currencies are WFS and all world citizens will be issued a chip card via AutoMat within your mandated HOCS (Home Office Computer Systems).
This card must be worn at all times to ensure WFS of each citizen via ID runs optimally.
Each citizen will be funded a set amount each month. Any attempt to exceed this allotment can and will be dealt with severely. Circumventions by any means constitutes automatic imprisonment / interrogation. All WFS -identified Radical Extremist Groups (REGs), such as those identifying as Christian, Jewish, Patriot, Conservative, or Survivalist have been observed with this activity. These individuals are terrorists and UNDF are deployed to neutralize this threat. If you see something, say something.
Endeavor to be that Citizen, the Best Version of Yourself.
This concludes this message / alert. You may now continue with your mandated affairs / work.
"10 US Banks Begin Testing ‘Digital Currency’ to Completely Replace Cash "
FR: Never Accept the Premise of Your Opponent’s Argument
Hopeful Trump 47 needs to first finish draining the swamp and work with new state and federal lawmakers to surrender state powers that the feds have been stealing from the states back to the states.
After that is done then Trump can lead the states to partially repeal the Constitution's Article I, Section 10, Clause 1 by amending the Constitution to make digital currency constitutional.
"Article I, Section 10, Clause 1: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts [emphases added]; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
The paper money and debit / credit cards that we use are unconstitutional imo, but that's what constitutionally low-information voters get when they elect crooks to state and federal governments.
I keep wondering if there is anyplace to go to avoid the coming madness, but there doesn’t seem to be 😪
following...
I think this is for interagency transfers. While it is a precursor to CBDC, THAT is still pretty far away.
Honestly, when they go that route, I predict people will simply use true peer to peer currency skipping the Fed altogether.
I still like cash. But thats just me. I am old and stupid. Ha Ha.
Banking system getting as bad as the courts 1984 is here.