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Biden’s Crypto EO Weighs Climate Change, Ponders Digital Dollar
The Epoch Times ^ | March 10, 2022 | Nathan Worcester

Posted on 03/10/2022 5:27:46 PM PST by E. Pluribus Unum

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To: E. Pluribus Unum

I don’t see how the U.S. govt. could introduce digital currency without changing the Constitution. Electronic transfer already exists for moving large amounts of money. Cash or precious metals or other items of value to all parties may be used for more discrete transactions.


21 posted on 03/10/2022 8:19:20 PM PST by Lion Den Dan
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To: E. Pluribus Unum

Screw this... Our government is so off the rails that this imbecile can do this with just an EO?


22 posted on 03/10/2022 8:21:27 PM PST by Dead Corpse (A Psalm in napalm...)
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To: E. Pluribus Unum

“Measures to Protect Consumers, Investors, and Businesses”

You can tell by the title that its intent is the exact opposite.


23 posted on 03/11/2022 6:40:54 AM PST by Ignatz (Winner of a prestigious 1960 Y-chromosome award!)
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To: E. Pluribus Unum
The two main consensus mechanisms used to validate cryptocurrency transactions are proof of work (PoW) and proof of stake (PoS).

The latter uses people's devices. No farm of power hungry special built computers to do proof of work.

24 posted on 03/11/2022 6:54:35 AM PST by Pollard (PureBlood -- https://youtube.com/watch?v=VXm0fkDituE)
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To: Lion Den Dan

Very good points.

As you know, they do not care about the Constitution.


25 posted on 03/11/2022 7:52:16 AM PST by laplata (")
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To: E. Pluribus Unum

Policy objectives: To make sure you don’t waste any money we will hold it for you and release said amount as required.


26 posted on 03/11/2022 8:34:44 AM PST by Vaduz ( )
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