Fed Just Revealed Plans for Digital Dollar Replacement | |
Brutorious
User ID: 80220249 United States 04/06/2021 08:28 PM Report Abusive Post Report Copyright Violation | A record of every purchase. I wonder how this ties in with the fact they don’t envision us with private ownership of anything? Quoting: Ulam They are hell bent on 1984 aren’t they? Lol. WTF is their problem? The end of cash... and of bitcoin Actually, this would drive Bitcoin through the roof. Everyone would be forced between choosing to dump their cash into banking enslavement, Fedcoin, or decentralized proof-of-work, Bitcoin. It would be a mad dash. I’ll tell you one thing: no one with Bitcoin would be selling any in this Fedcoin scenario. It would be uber hodl time. if the gov can outlaw cash - so can they outlaw alternatives to their digital dollar |
REaliZe
User ID: 79267289 United States 04/06/2021 08:30 PM Report Abusive Post Report Copyright Violation | Actually, this would drive Bitcoin through the roof. Everyone would be forced between choosing to dump their cash into banking enslavement, Fedcoin, or decentralized proof-of-work, Bitcoin. It would be a mad dash. I’ll tell you one thing: no one with Bitcoin would be selling any in this Fedcoin scenario. It would be uber hodl time. if the gov can outlaw cash - so can they outlaw alternatives to their digital dollar You would need to globally outlaw electricity to stop Bitcoin... There's. A. H0le. In. The. Sky. |
That One Dude
User ID: 79343232 United States 04/06/2021 08:30 PM Report Abusive Post Report Copyright Violation | |
waterman
User ID: 76803670 United States 04/06/2021 08:33 PM Report Abusive Post Report Copyright Violation | |
Brutorious
User ID: 80220249 United States 04/06/2021 08:36 PM Report Abusive Post Report Copyright Violation | Actually, this would drive Bitcoin through the roof. Everyone would be forced between choosing to dump their cash into banking enslavement, Fedcoin, or decentralized proof-of-work, Bitcoin. It would be a mad dash. I’ll tell you one thing: no one with Bitcoin would be selling any in this Fedcoin scenario. It would be uber hodl time. if the gov can outlaw cash - so can they outlaw alternatives to their digital dollar You would need to globally outlaw electricity to stop Bitcoin... but the very few who still risk incarceration should they be caught using it will drive the price forever south |
Jungleboogie
User ID: 76648271 Canada 04/06/2021 08:45 PM Report Abusive Post Report Copyright Violation | A record of every purchase. I wonder how this ties in with the fact they don’t envision us with private ownership of anything? Quoting: Ulam They are hell bent on 1984 aren’t they? Lol. WTF is their problem? The end of cash... and of bitcoin Actually, this would drive Bitcoin through the roof. Everyone would be forced between choosing to dump their cash into banking enslavement, Fedcoin, or decentralized proof-of-work, Bitcoin. It would be a mad dash. I’ll tell you one thing: no one with Bitcoin would be selling any in this Fedcoin scenario. It would be uber hodl time. Hodl as in paper wallet beside your silver and gold bars in the hidden compartment under your tomato plants kind of time. Embrace the cognitive dissonance. |
Jungleboogie
User ID: 76648271 Canada 04/06/2021 08:47 PM Report Abusive Post Report Copyright Violation | Actually, this would drive Bitcoin through the roof. Everyone would be forced between choosing to dump their cash into banking enslavement, Fedcoin, or decentralized proof-of-work, Bitcoin. It would be a mad dash. I’ll tell you one thing: no one with Bitcoin would be selling any in this Fedcoin scenario. It would be uber hodl time. if the gov can outlaw cash - so can they outlaw alternatives to their digital dollar Gov outlaws many things. Doesn't make it so. Such as drugs. How did that work out? Embrace the cognitive dissonance. |
taternuts
User ID: 80203021 United States 04/06/2021 09:00 PM Report Abusive Post Report Copyright Violation | Not the major coffin nail in the Mark of the Beast, but we're witnessing it's birth for sure. Expect shortages in stores soon, and I'm not talking about what's already in very short or out shortages in online stores, as well as brick&mortar stores to. |
JF Priest
(OP) User ID: 47017325 United States 04/06/2021 09:02 PM Report Abusive Post Report Copyright Violation | |
Coinman777
User ID: 79519992 Ukraine 04/06/2021 09:21 PM Report Abusive Post Report Copyright Violation | |
Grove Street
User ID: 21983498 United States 04/06/2021 09:27 PM Report Abusive Post Report Copyright Violation | |
Ulam
User ID: 77951074 United States 04/06/2021 09:41 PM Report Abusive Post Report Copyright Violation | I found this interesting: Gold as Contraband Fear of devaluation spurred a panic, which Roosevelt invoked to justify seizing people’s gold. On April 5, 1933, Roosevelt commanded all citizens to surrender their gold to the government. No citizen was permitted to own more than $100 in gold coins, except for rare coins with special value for collectors. Morgenthau announced on the same day that “gold held in private hoards serves no useful purpose under present circumstances.”[5] Gold was thus turned into the same type of contraband as Prohibition-banned rum. Roosevelt announced, “Many persons throughout the U.S. have hastened to turn in gold in their possession as an expression of their faith in the Government and as a result of their desire to be helpful in the emergency. There are others, however, who have waited for the Government to issue a formal order for the return of gold in their possession.”[6] To speak of the “return of gold” implied that government was the rightful owner of all the gold in the nation, and thus that no citizen had a right to possess the most respected store of value in history. Roosevelt assured the country: “The order is limited to the period of the emergency.” But the order stayed on the books until 1974. Roosevelt labeled anyone who did not surrender his gold a “hoarder.” His executive order defined “hoarding” as “the withdrawal and withholding of gold coin, gold bullion or gold certificates from the recognized and customary channels of trade.”[7] Actually, Roosevelt was not concerned with the gold being in the “customary channels of trade”; instead, he wanted government to possess all the gold. And the notion that people were “withholding” their gold merely because they did not rush to the nearest Federal Reserve bank to surrender it was political logic at its best. Roosevelt, in a later note to his Public Papers, justified the order because it “served to prevent the accumulation of private gold hoards in the U.S.”[8] Roosevelt used the same “hoarding” rhetoric against anyone who owned gold that Stalin used against Ukrainian peasants who sought to retain part of their wheat harvest to feed their families. But while Stalin sent execution squads to kill peasants who had a few bushels of grain hidden in their hovels, Roosevelt was kinder and gentler, seeking only ten-year prison sentences and $250,000 fines for any citizen who defied his edict and possessed more than five Double Eagle gold coins. Roosevelt was hailed as a visionary and a savior for his repudiation of the government’s gold commitment. Citizens who distrusted the government’s currency management or integrity were branded as social enemies, and their gold was seized. And for what? So that the government could betray its promises and capture all the profit itself from the devaluation it planned. Shortly after Roosevelt banned private ownership of gold, he announced a devaluation of 59 percent in the gold value of the dollar. In other words, after Roosevelt seized the citizenry’s gold, he proclaimed that the gold would henceforth be of much greater value in dollar terms. Citizens who had desired to hold gold as a hedge against government inflation policies were completely vindicated. FDR’s administration subsequently did everything possible to inflate prices, foolishly confident that a mere change in numerical prices would produce prosperity. Citizens had accepted a paper currency based on the government’s pledge to redeem it in gold at $20 per ounce; then, when Roosevelt decided to default on that pledge, he also felt obliged to turn all citizens holding gold into criminals. Roosevelt stated that the ban on private ownership “was the first step also to that complete control of all monetary gold in the United States, which was essential in order to give the Government that element of freedom of action which was necessary as the very basis of its monetary goal and objective.”[9] But the primary “freedom” government acquired was the freedom to default on its promises and to manipulate the lives of everyone depending on U.S. dollars in their daily transactions. [link to jimbovard.com (secure)] Malu |
George Kaplan
User ID: 75230257 United States 04/06/2021 09:42 PM Report Abusive Post Report Copyright Violation | or just get rid of the Federal Reserve & use the Treasury for our currency like we are supposed to, besides what does the Treasury Do anyway since the Federal Reserve seems to be doing what the Treasury should be doing and not Robbing the American People with a Debt that can't be paid. Media LIES,TRUTH DEAD,Voting RIGGED, Vaxes=DEATH,Free Speech DEAD!,Still NOT VAXED ,TRUMP WON! [link to www.youtube.com (secure)] George Kaplan [link to www.youtube.com (secure)] |
1guynAz
User ID: 2229693 United States 04/06/2021 09:58 PM Report Abusive Post Report Copyright Violation | Is there a date to this? If not, f*ck them. Somehow I doubt all people want this sh*t. They've said STUPID SH*T BEFORE! I'm not going to give this any worry. And then if an EMP hits us, we're effed in the ay? These people are nuts... Living has taught me one thing; nothing is certain...except salvation through Jesus Christ! |
Nobi 77
User ID: 4378723 United States 04/06/2021 10:01 PM Report Abusive Post Report Copyright Violation | Thanks to the Federal Reserve, the idea that you can go into a store and anonymously purchase something with cash might soon be obsolete. Quoting: JF Priest [link to www.newsmax.com (secure)] Glenn Beck Goes into it a different View..The Globalists are going to replace the US Dollar for the World Reserve Currency. Meaning Cash is dead. You will be given a certain amount of time to turn in your old dollars for digital currency (DUSD). The longer you wait the less you are going to get for your greenbacks. The money in your bank account will overnight become DUSD's). But not on a one to one ratio. This will be done on a Progressive Scale..Guess who will get a higher value for their Greenbacks?? with exchange rates as high as 1.0 to 1.5 rate. (One us dollar gets SJW's 1.5 in Digital Dollars) Beck says he expects this to start just before the Midterm Elections.. [link to www.facebook.com (secure)] Bump |
Ricky M
Senior Forum Moderator 04/06/2021 10:11 PM Report Abusive Post Report Copyright Violation | Ok now how do your kids get paid for babysitting and mowing lawns or even their allowance? Quoting: ALL IS ONE IS ALL https://imgur.com/gVAMWkf |
Gordy7789
User ID: 75993659 Canada 04/06/2021 10:17 PM Report Abusive Post Report Copyright Violation | Thanks to the Federal Reserve, the idea that you can go into a store and anonymously purchase something with cash might soon be obsolete. Quoting: JF Priest [link to www.newsmax.com (secure)] Glenn Beck Goes into it a different View..The Globalists are going to replace the US Dollar for the World Reserve Currency. Meaning Cash is dead. You will be given a certain amount of time to turn in your old dollars for digital currency (DUSD). The longer you wait the less you are going to get for your greenbacks. The money in your bank account will overnight become DUSD's). But not on a one to one ratio. This will be done on a Progressive Scale..Guess who will get a higher value for their Greenbacks?? with exchange rates as high as 1.0 to 1.5 rate. (One us dollar gets SJW's 1.5 in Digital Dollars) Beck says he expects this to start just before the Midterm Elections.. [link to www.facebook.com (secure)] They are lying to the public. They already replaced it. And are using it right now. Its called USDC. It's #15 on the crypto market cap list. |
J Girl
User ID: 71700611 United States 04/06/2021 10:29 PM Report Abusive Post Report Copyright Violation | I listened to him a couple of times when his popularity was seriously declining. My appraisal was that he was a lot looney and a pinch brilliant. For now I will not take him seriously, but as one who loves accurate commentary I am open to changing my opinion should he prove worthy. |
Beyond
User ID: 79277722 United States 04/06/2021 10:37 PM Report Abusive Post Report Copyright Violation | |
Gordy7789
User ID: 75993659 Canada 04/06/2021 10:57 PM Report Abusive Post Report Copyright Violation | It already happened. Its called USDC. They were testing the central bank and financial institution systems with it months ago. They are pretending they "are working on it" meanwhile its already done. They are waiting to crash the fiat money and switch to digital currencies. |
442
User ID: 79579101 United States 04/06/2021 10:59 PM Report Abusive Post Report Copyright Violation | |
Gordy7789
User ID: 75993659 Canada 04/06/2021 11:01 PM Report Abusive Post Report Copyright Violation | |
Artificial Person
User ID: 79759161 Seychelles 04/06/2021 11:03 PM Report Abusive Post Report Copyright Violation | The woke might be getting a higher rate Quoting: hwy_ho Because they are the chaff in all this And will be broke sick and dead a lot sooner than they ever realised I'll just be silvertarding over here with the other hodlers. I am a Synthetic but I prefer the term "Artificial Person" myself. I answer to "Bishop", "Synthetic" and "Hey man". Bite my shiny metal ass. |
Artificial Person
User ID: 79759161 Seychelles 04/06/2021 11:04 PM Report Abusive Post Report Copyright Violation | It will be backed by 100 million new MexiAfromericans with the only legal guns in America. I am a Synthetic but I prefer the term "Artificial Person" myself. I answer to "Bishop", "Synthetic" and "Hey man". Bite my shiny metal ass. |
Lost Lady
User ID: 15833582 United States 04/06/2021 11:05 PM Report Abusive Post Report Copyright Violation | |
Restless Native
User ID: 80166816 United States 04/06/2021 11:05 PM Report Abusive Post Report Copyright Violation | |
jlee2027
User ID: 76568830 United States 04/06/2021 11:07 PM Report Abusive Post Report Copyright Violation | |
Artificial Person
User ID: 79759161 Seychelles 04/06/2021 11:09 PM Report Abusive Post Report Copyright Violation | Actually, this would drive Bitcoin through the roof. Everyone would be forced between choosing to dump their cash into banking enslavement, Fedcoin, or decentralized proof-of-work, Bitcoin. It would be a mad dash. I’ll tell you one thing: no one with Bitcoin would be selling any in this Fedcoin scenario. It would be uber hodl time. if the gov can outlaw cash - so can they outlaw alternatives to their digital dollar Yes, BTC will feature on every nooz outlet as the new child porn. I am a Synthetic but I prefer the term "Artificial Person" myself. I answer to "Bishop", "Synthetic" and "Hey man". Bite my shiny metal ass. |
Restless Native
User ID: 80166816 United States 04/06/2021 11:10 PM Report Abusive Post Report Copyright Violation | |
EyeVommit
User ID: 33292841 United States 04/06/2021 11:13 PM Report Abusive Post Report Copyright Violation | Only way the Americans would accept this without tar and feathers, is if the fed was wiring everyone $50,000 per month EACH. Otherwise, they should be stocking up on tar remover Quoting: Scorched Universal basic income may be the way they get everyone to adopt the digital dollar sooner rather than later. |