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Fed Asks Americans for Feedback on a Central Bank Digital Currency
Epoch Times ^ | April 23, 2023 | Naveen Athrappully

Posted on 04/23/2023 8:57:51 PM PDT by george76

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To: george76; RushIsMyTeddyBear; metmom; CynicalBear; SkyPilot; tuffydoodle; tang-soo; righttackle44; ..
[ “It should send warning signs to our country creating a CBDC. There’s a reason China implemented a CBDC, and it’s not for efficiency.”]


41 posted on 04/24/2023 5:16:57 AM PDT 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: george76

How about disbanding the Fed and go back gold and silver


42 posted on 04/24/2023 5:23:56 AM PDT by eartick (Stupidity is expecting the government that broke itself to go out and fix itself. Texan for TEXIT)
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To: Blue Highway

In all the sci-fi movies, the folks seem to use ‘credits’ to pay for stuff.


43 posted on 04/24/2023 5:24:00 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Pocketdoor
It is naive to think, given the government’s track record, that it could ever be trusted to secure such an asset.”

The Feds do a REALLY good job now to insure that our money value is not diluted.

44 posted on 04/24/2023 5:25:56 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Gnome1949
You then must have with you a loaded firearm, a tent, sleeping bag,
flashlight, matches and fishing pole with tackle to survive.

A Country Boy Can Survive



45 posted on 04/24/2023 5:32:13 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: george76

This appearance of listening to concerns of people, and possibly implementing some appearances of safety, is all a complete and total ruse. Once CBDC is implemented it’s over. Forever. Personal freedom is wholly surrendered to the government.

Sure, things may seem great at first with CBDC, really convenient in fact, but I’m warning you, once implemented we are one very short government declared emergency away from a total, complete, and forever, government financial lock down. Forever and with no escape. The Canadian truckers were the warning canary. The federal government will be ruthless. Think Biden’s Hitler speech and then using CBDC to crack down on people, with the full support and glee of the state-run media.


46 posted on 04/24/2023 5:33:16 AM PDT by Obadiah
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To: Georgia Girl 2
... another worthless fiat currency that the individual cannot fully control.

There is a reason that prostitution is the oldest form of service for goods setup.


Genesis 38:13-18

13 When Tamar was told, “Your father-in-law is on his way to Timnah to shear his sheep,”
14 she took off her widow’s clothes, covered herself with a veil to disguise herself, and then sat down at the entrance to Enaim, which is on the road to Timnah. For she saw that, though Shelah had now grown up, she had not been given to him as his wife.
15 When Judah saw her, he thought she was a prostitute, for she had covered her face.
16 Not realizing that she was his daughter-in-law, he went over to her by the roadside and said, “Come now, let me sleep with you.” “And what will you give me to sleep with you?” she asked.
17 “I’ll send you a young goat from my flock,” he said. “Will you give me something as a pledge until you send it?” she asked.
18 He said, “What pledge should I give you?” “Your seal and its cord, and the staff in your hand,” she answered. So he gave them to her and slept with her, and she became pregnant by him.

47 posted on 04/24/2023 5:40:14 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: fluorescence

All the fed has to do is to nationalize credit cards.

We already do the digital part.


48 posted on 04/24/2023 5:42:39 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: lightman

“Negative feedback will result in placement on the “enemies list” plus double secret probation*.”

WHO F$*&ING CARES!!!!!!! SPEAK UP FOR GOD’S SAKE!!!
Where can I go and give my opinion?

Is there some .gov website?


49 posted on 04/24/2023 5:57:21 AM PDT by CapnJack ( )
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To: FLT-bird; GOPJ; DoughtyOne

While they attempt to take take control, directly or indirectly, of all cryptocurrencies and lending institutions, the war on fossil fuels continues, and the DOJ has become the Sondergerichte.


50 posted on 04/24/2023 6:17:08 AM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
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To: george76

Can the Fed track me better? If so. NO!


51 posted on 04/24/2023 6:19:03 AM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: george76

The problem is the rural areas which still depend on copper lines for telephone access and where you may not have internet or crappy DSL at best.

Cell phone service isn’t universsl either.

We have crappy DSL which disconnects frequently.

If there wasn’t a bend in the street going out of town we could see the central office from here.

I suggest they delay any further action until the US achieves new zero,


52 posted on 04/24/2023 6:38:07 AM PDT by meatloaf
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To: george76

Bartering and the Black Markets will come back like a lion!


53 posted on 04/24/2023 7:42:06 AM PDT by dpetty121263
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To: george76

We don’t need digits. We need a gold standard.


54 posted on 04/24/2023 8:13:27 AM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory. )
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To: Pocketdoor

IIRC—a few years back, a power outage in Pennsylvania spread over into Ohio in a domino effect.

EVERYTHING went out in a matter of seconds.

Bank transactions got one side recorded-—but not the other side.

It took the banks over a year with their best accounting persons to match up the loose ends.

EXAMPLE: You were in Wal-Mart-—using your credit card for a purchase. Your card got charged—but in that split second-—WAL MART didn’t get their end of the transaction.

These smart workers had to match up the debits & credits—and there were MILLIONS of them.....

MULTIPLY THAT BE AN ENTIRE COUNTRY.....


55 posted on 04/24/2023 8:27:32 AM PDT by ridesthemiles
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To: Pocketdoor

IIRC—a few years back, a power outage in Pennsylvania spread over into Ohio in a domino effect.

EVERYTHING went out in a matter of seconds.

Bank transactions got one side recorded-—but not the other side.

It took the banks over a year with their best accounting persons to match up the loose ends.

EXAMPLE: You were in Wal-Mart-—using your credit card for a purchase. Your card got charged—but in that split second-—WAL MART didn’t get their end of the transaction.

These smart workers had to match up the debits & credits—and there were MILLIONS of them.....

MULTIPLY THAT BY AN ENTIRE COUNTRY.....


56 posted on 04/24/2023 8:27:41 AM PDT by ridesthemiles
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To: george76
NO!

Simple, no bull answer.

57 posted on 04/24/2023 8:29:35 AM PDT by upchuck (When you never took the vaccine or boosters: Still alive and healthy with no chance of side effects.)
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To: Pocketdoor

You know...I am about ready for a powerless world...only way it seems to make this stop


58 posted on 04/24/2023 8:35:06 AM PDT by goodnesswins ( We pretend to vote and they pretend to count the votes.)
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To: FLT-bird

I have done accounting for over 65 years.

ANYONE care to explain to me how any business or person will be able to do their bookkeeping for the IRS or be able to save data for 7 years???? Or be able to know if they are even making a profit. Or giving info to employees like a W-2???


59 posted on 04/24/2023 8:37:43 AM PDT by ridesthemiles
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To: Elsie

I don’t foresee this Fedcoin becoming a reality. Its just another scare tactic to wake people up.


60 posted on 04/24/2023 9:31:20 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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