Posted on 10/05/2021 6:19:51 PM PDT by RomanSoldier19
It would also prevent all those money launderings of $600 bucks to offshore accounts by millionaires and billionaires.
And to track every dollar and tax it and to shut off your access to your money at any time if you don’t do what they tell you to do.
All your coinbase belong to US!
We are screwed.
This is so they can track all your transactions in a dossier and “turn off” your funds.
Say something they do not like, and you are an “insurrectionist domestic terrorist” with no way to pay for food.
on a relative scale, we are crashing as fast as Afghanistan did...
A few years late.
Note that very few if ANY of our so-called representatives are doing anything to protect us from this. We are in a sham democracy/republic.
The cashless society. That’s what they want
Majority of Americans don’t have $500 in savings
https://money.cnn.com/2017/01/12/pf/americans-lack-of-savings
Jan 12, 2017 · Almost 60% Americans don’t have enough savings to cover a $500 or $1,000 unplanned expense, according to a new report from Bankrate.
“The cashless society. That’s what they want”
El Salvador went the other way from the Fed: https://www.cnbc.com/2021/09/07/el-salvador-buys-400-bitcoin-ahead-of-law-making-it-legal-currency.html
I called this on gab when all the crypto-enthusiasts were croning about involitle bitcoin.
Was told I was crazy.
Fedcoin would be a disaster. I’m a huge proponent of private cryptocurrency especially Bitcoin, but a central bank crypto would really be bad. It supplants the entire purpose of crypto which is to create a non-inept financial system, which it’s doing and will hopefully continue to do. That said, fedcoin is inevitable.
Wow. I guess running the printing presses nonstop was just too much work.
They’ll never be able to use a U.S. federal government controlled digital currency for paying overseas trading partners. Any foreigner living in China or anywhere else in the world does want to hold wealth in a digital format that can be tracked, controlled, and turned off by the U.S.
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