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Subject:  US government-backed digital currency coming ?

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Walking Man

formerly RGG

The United States of America has recently taken on more debt than is sustainable. In their attempt to bail out from this black hole & to farther monitor all it's citizens we may soon find ourselves with the dollar replaced with digital currency. The Biden administration is throwing its support behind further study and development of what would be known as a U.S. Central Bank Digital Currency. The move is part of a sweeping executive order President Joe Biden signed on March 9, instructing the federal government to explore possible uses of and regulations for digital assets like cryptocurrencies. If adopted, digital currency will effectively end paper money & allow the US government to track all financial transactions. I believe this will be implemented before Biden leaves office in 2024.

8/24/2022 7:59:02 AM

Smallmouth

Upa Creek, Mo

Think about the scale of this: trillions in debt, trillion in the various stock markets, personal accounts, all types of household debt, work place payroll, and the effect on global currencies etc...

This will not happen before 2024, and it would have to be a global change.

8/24/2022 10:04:48 AM

Little Ketchup

Grittyville, WA

Toilet paper almost became currency when the Covid fear hit, lol.

8/24/2022 12:34:58 PM

Spudley (Scott)

Alaska

Blah blah blah

8/24/2022 1:13:41 PM

DKrus

Cheshire Ma USA

Rotten potatoes, or something like that

8/24/2022 1:45:43 PM

Total Posts: 5 Current Server Time: 11/23/2024 7:55:43 PM
 
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