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Fed Teams Up With Major Banks to Test Digital Dollar Pilot Program
Epoch Times ^ | 11/16/22

Posted on 11/18/2022 2:49:07 PM PST by Pollard

click here to read article


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To: Revel

our pastor mentioned this in his Wednesday evening message last night.
He said “ things” are moving fast!!!! Prepare... for our Lord will return soon!


61 posted on 11/18/2022 4:45:19 PM PST by pollywog (" O thou who changest not....ABIDE with me")
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To: MeganC
We already have digital dollars. So what is this?

Crypto currency's purpose was to allow anonymous transactions which could not be monitored, tracked, or seized by governments.

This is the opposite. A currency which gives the government total control over your assets and transactions.

62 posted on 11/18/2022 4:53:16 PM PST by SauronOfMordor (The rot of all principle begins with a single compromise.)
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To: Pollard
..... This is such a great idea .... They will then be able to monitor and control every aspect of the spending and receiving of every single penny of our monetary lives!!!

.

63 posted on 11/18/2022 5:00:22 PM PST by R_Kangel ("A nation of sheep will beget a nation ruled by wolves")
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To: Pollard

Not good for a free society.


64 posted on 11/18/2022 5:08:08 PM PST by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell..)
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To: Blood of Tyrants

NO YOU CAN STILL USE CASH - Only an idiot would say everything is digital now and you have to use cards - you can use CASH - I do it daily and everyone one I meet I explain - you woke already so you don’t have a clue about this - yea....a game to you - NOT TO US!


65 posted on 11/18/2022 5:12:36 PM PST by ldish (This ILLEGAL Govt is incompetent - WHO REALLY PULLS THE STRINGS IN THIS MAFIA?)
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To: Sam Gamgee

NOT IF WE STOP IT - EQUAL TO YOUR FREEDOM AS TRYING TO COME AND TAKE YOUR GUN!


66 posted on 11/18/2022 5:14:03 PM PST by ldish (This ILLEGAL Govt is incompetent - WHO REALLY PULLS THE STRINGS IN THIS MAFIA?)
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To: Dr.Deth

As of 2020 the Microsoft patent is now filed with the World Intellectual Property Organization in the Netherlands.

Microsoft has proposed a system that can mine cryptocurrencies using data collected from humans as they exercise or read an advertisement.
In a patent application filed with the World Intellectual Property Organization (WIPO) Thursday, the American computer giant said sensors could detect activity associated with specific tasks – such as time spent viewing ads – and convert it into computer-readable data to solve computational problems, in much the same way as a conventional proof-of-work system.

https://www.coindesk.com/markets/2020/03/30/microsoft-files-patent-application-for-crypto-mining-system-powered-by-human-activity/


67 posted on 11/18/2022 5:15:25 PM PST by HollyB
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To: Pollard

Well, here it comes.. Before Biden (Obama) leaves this world we’ll all be picking shit with the chickens.. :(


68 posted on 11/18/2022 5:19:17 PM PST by unread ("It's not enough that we do our best; sometimes we have to do what's required." W. Churchill.)
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To: Blood of Tyrants

So, what about private sales ie yard sales. Or anything personal. You’re ok with having no privacy? Some people do side work for cash. Those days would be over and would create a black market barter system. Kind of like in countries with dictatorships.


69 posted on 11/18/2022 5:22:32 PM PST by HollyB
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To: Pollard; All
The government has been conditioning the American public for decades. It started with a flu vaccine. Then annual flu vaccines, year after year. Then Covid. The big kahuna of vaccines. Non-stop, continuous barrage of demands, commands, mandates, and intimidation to “Get vaccinated!”

Next… digitize all your assets into one, easy account encompassing all of your financial holdings. “We are from the government and we will make your life so much simpler and easy for you. No need to f calculate and file income tax returns!”

Just a matter of time until government conditioning reaches and affects your estate.

70 posted on 11/18/2022 5:25:30 PM PST by Cobra64 (Common sense isn’t common anymore.)
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To: dforest

Every single penny transacted can be traced, taxed.

Garage sale...pay up. Sell that old bike online...pay up. Pay the baby sitter...pay up.


71 posted on 11/18/2022 5:39:06 PM PST by servantboy777
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To: Pollard

Digital fed will never pass congress. How will democrat voters possibly buy drugs, booze and hookers while being watched by Big Daddy? Where do you think the cash for these purchases goes?

Digital cash is DOA. The rats will born down the Fed if it tries to track drug purchases.


72 posted on 11/18/2022 5:55:37 PM PST by sergeantdave
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To: Honest Nigerian; null and void; bagster; Travis McGee; Diogenesis

(“What’s in YOUR wallet?”)

I’ll take “the government” for $500 Alex

Probably won’t get the $500 though

(good one)


73 posted on 11/18/2022 6:14:01 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: ldish

Back up. I didn’t say you HAD to do everything with a card. I just said that the government transfers money to your account digitally. As do most medium and large employers. 20 years ago I did all of my business in checks or cash. I still don’t buy certain things with anything but cash.


74 posted on 11/18/2022 6:14:12 PM PST by Blood of Tyrants (Inside every leftist is a blood-thirsty fascist yearning to be free of current societal constraints.)
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To: HollyB

What is your problem? I stated a fact. That’s all. Yes, I still use cash, but rarely have more than $20 in my pocket. If it’s a transaction between me and a private citizen, yes, I use cash.


75 posted on 11/18/2022 6:16:53 PM PST by Blood of Tyrants (Inside every leftist is a blood-thirsty fascist yearning to be free of current societal constraints.)
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To: Pollard

And just like that if you don’t think or say the right things, you’re living under the freeway bridge.


76 posted on 11/18/2022 6:18:56 PM PST by lurk (u)
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To: sergeantdave

Their desire to control and track the masses will prove too tempting to resist

Joe wouldn’t have done the EO if they weren’t going to follow through


77 posted on 11/18/2022 6:20:38 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: pollywog

🛐🙏✝️


78 posted on 11/18/2022 6:22:32 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: dforest

How ?


79 posted on 11/18/2022 6:57:13 PM PST by Baldwin77 (Super, Duper, Ultra Maga, subject of the Ultra Maga King Donald)
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To: SaveFerris

“Their desire to control and track the masses will prove too tempting to resist”

The deep state, with the entire US apparatus - military, money and G-2 - behind them, couldn’t control a handful of goatherders in Afghanistan.

Too many people fall for Alinsky Rule No. 1: Power is not only what you have but what the enemy thinks you have.

This comes about because people watch and read too much propaganda. The list of deep state failures would fill an encyclopedia.


80 posted on 11/18/2022 7:29:14 PM PST by sergeantdave
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