Posted on 10/05/2021 6:19:51 PM PDT by RomanSoldier19
For the reason others have stated. Part of the NWO and the coming full on communism.
weather you like it or not!
That could all be according to plan: Make the dollar so unattractive as a medium of foreign exchange that its reserve status disappears, destroying the U.S. economy, and then take advantage of the new digital currency domestically to exert total control. Crush the U.S. and enslave its citizens in one fell swoop.
The Fed doesn’t issue coins. It only issues money backed by debt - Federal Reserve Notes. Coins are still issued by the US Treasury and sit on the opposite side of the Fed’s balance sheet from FRN’s. Now you understand the move to get rid of coins completely.
We are screwed.
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I love how they say, digital currency. DIGITAL CURRENCY is a cash less society. Fedcoin is what they call it, now in the secret Senate Committee, look up Senate bill 3571.,
https://www.congress.gov/bill/116th-congress/senate-bill/3571
Once cash is abolished, no man will be able to buy or sell without the Federal Reserves ( government’s) approval. Us Christians know what a cash less society means….
Ca$h wuz King.
Now even Kings will be serfs, at best.
🎵 goin’ off the rails on a crazy train 🎵
Say something they do not like, and you are an “insurrectionist domestic terrorist” with no way to pay for food.
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Much like the forced vaccines, don’t take the toxic jab and you are fired, unemployed, I am in that scenario right now, and at 63 uncertain I can find another job. Evil, pure evil….one thing ….I will NEVER take the toxic jab. I figure my teenage son and I will sell everything , move to Florida and live in my car on the beach.
The Fed doesn’t issue coins. It only issues money backed by debt - Federal Reserve Notes. Coins are still issued by the US Treasury and sit on the opposite side of the Fed’s balance sheet from FRN’s. Now you understand the move to get rid of coins completely.
——— I don’t think you understand, the three studies by MIT, Cornwall on how to go to a cash less society have been already decided, Look up Fedcoin, it will be administered by the Federal Reserve, with kiosks placed at every US Post Office. No more USD notes, coins, all “ money” will be electronic with no anonymous purchases. The cashless society is coming at supersonic speed. I suspect it is tied to the current Great Reset that Time magazine, WSJ and the Federal Reserve keep mentioning….the world is broke, the last figure from the World Bank stated there is 300 Trillion “dollars “ debt globally, all unfunded. The mother of all crashes is coming, but when?
On that note, during Janet Yellens confirmation hearings, she LIED when asked about digital currency and a cashless monetary system, she said it was not on the radar and not interested in it…..now the sudden rush into it.
Perilous times.
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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Huh? Where have you been? China is months away from issuing out sovereign gold backed digital currency, it has been tested in 13 major cities, read up on it, that is why the US is rushing towards their own sovereign digital system…the great race to cash less society has been started two years ago….by China.
“ GUANGZHOU, China — China is arguably leading the world in developing a national digital currency, a project it has been working on since 2014.
The People’s Bank of China (PBOC) has been spearheading work on the digital yuan, a so-called central bank digital currency (CBDC) that aims to replace some of the cash in circulation.
Real world trials are already underway in the world’s second-largest economy. Here’s what we know so far about the digital yuan or its official name — the Digital Currency Electronic Payment (DCEP).….”
https://www.cnbc.com/2021/03/05/chinas-digital-yuan-what-is-it-and-how-does-it-work.html
I look at this as good news. Jesus is coming back soon.
https://quoththeraven.substack.com/p/china-will-back-their-countrys-digital
China Will Back Their Country’s Digital Yuan With Gold
Some analysts predict gold would have to go as high as $64,000 per ounce if China backed their Yuan with gold.
Those that have listened to my podcast or that follow me on Twitter know that it has been my long-held belief that China is eventually going to back their digital Yuan with gold.
I wanted to organize, and take a little deeper of an examination of, the circumstantial evidence that I’ve been noticing that is leading me to believe that my predictions will be proven correct…..
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For the naysayers, doubting Thomas’s, WHEN they back it in physical gold, the USD will be dumped by an estimated 75 percent of USD sovereign nation holders. The US Fed and Treasury know this and explains the rush for US digital currency, Fedcoin, all of a sudden. Problem is the Chicoms have the gold to back their digital, whereas the US does not, Interesting times.
Sooooooooooooooooooooo close!
All your coinbase ARE belong to us!
Agreed.
All money is based on debt, but there are still small ways to combat that.
By making all money digital it will completely remove those ways.
My only point in the OP is that current coinage is still one of the few things that is money and not debt-based. That's why they will at least get rid of coinage at some point - even if they don't go digital for a little while.
It's all about power. Power is defined as: "controlling the future labor of others"...which is what debt-based money is all about.
The ruling thieves of this world don't really care about "money". They care about the power and control of the future labor behind it.
Those "analysts" have been smoking too much wacky weed.
Gold is a horrible investment at a time when we are staring into the abyss of monetary deflation.
Don't let the price inflation fool you. It often accompanies deflation.
Ask yourself one question: why are the international banks sitting on over 4 TRILLION of toxic waste. Look it up in the Feds current H.4.1 report under their liabilities if you don't believe me.
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