The value of cryptocurrency is it can’t be manipulated by government.
Accepting a government cryptocurrency is the worst of all worlds.
They can track every penny you spend, and empty your account any time they please.
Great Reset
Social Credit Scores (see ESG Score - Environmental, Social Justice, Government aka are right wing?)
But...but...I thought cryptocurrency is a tulip bulb...why would the fed reserve care about tulip bulbs?
Oh joy!!
Another Mark of the Beast component cometh..
I don’t like it at all, but I’ll wait to get all worked up if it passes the House and Senate and be signed by Bite Me.
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The end of fungible money. Cash banned. Biden knows every cent you spend, where, when.
I live in the rural area between towns. We have a real dairy with a little store where we can buy fresh milk, local eggs, and more. Just last week they were told by their bank that they can no longer purchase so many quarters from the bank. What? Really, it’s a war on cash, push the customers to use plastic for their $3.25 milk? Sadly, the bank board is probably local pinhead politicians, too, and they want that land to build more hideous crackerbox houses since the RE developers fund their campaigns.
OTT It’s okay, we have JESUS - or He has us - so all of these moves have been expected. The rapture will not come until two things, the great falling away and that man of sin be revealed. (2Thess 2:3)
Let’s return to bartering.
Well well well, I could see a market for silver coin exchange to replace paper money... Ooof
I am wondering if it matters if it passes or not since digitization of financial systems, Fintech was Executive ordered in 2018.
I hate the idea of Digital Currency but as we all know the younger generations will soak it right up as they’re fully conditioned for it.
I recall when Credit cards were the thing....then Debit Cards.....and it really didn’t take long for the public to be on board. Even then we knew where that was headed once computers hit the market in a big way.
So this really isn’t surprising.
The Cashless society is coming. And you all know the part about those who do not have the mark will not be able to buy or sell. Strange how Covid is being worked for that angle too.
The Communist Power Grab Is Growing Exponentially & Nothing Is Being Done About It!
Think of it like this:
Government says, On this date all hard currency will be recalled and exchanged for digital currency. 60 days after this date hard currency will be worthless and illegal to possess.
Two years later the government says, digital currency is now worthless. All food, supplies, material, services, etc., will be issued through government logistics centres based solely on your social score.
Where are you?
Stock up on more tradable gold and silver. Gonna need it
bmg
Of course, Congressman Don Beyer is a DemocRAT.
They want all of our money.