White House Considering Digital dollar

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holdover

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President Biden often summarizes his vision for America in one word: Possibilities. A “digital dollar” may seem far-fetched, but modern technology could make it a real possibility.

A United States central bank digital currency (CBDC) would be a digital form of the U.S. dollar. While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC. If the U.S. pursued a CBDC, there could be many possible benefits, such as facilitating efficient and low-cost transactions, fostering greater access to the financial system, boosting economic growth, and supporting the continued centrality of the U.S. within the international financial system. However, a U.S. CBDC could also introduce a variety of risks, as it might affect everything ranging from the stability of the financial system to the protection of sensitive data.

www.whitehouse.gov

Technical Possibilities for a U.S. Central Bank Digital Currency | OSTP | The White House

By Dr. Alondra Nelson, head of the White House Office of Science and Technology Policy Alexander Macgillivray, Principal Deputy United States Chief Technology Officer Nik Marda, Policy Advisor President Biden often summarizes his vision for America in one word: Possibilities. A “digital dollar”...
www.whitehouse.gov www.whitehouse.gov

Pretty hard to do business under the table, wondering what those 87,000 new IRS agents are for? Every transaction will be tracked, and taxed if needed.
 
Saltwater60

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This will give the government immensely greater power, money, and control. What will happen when hackers take all your digital currency?

This will be the end of any privacy at all. Every purchase you make will be tracked 100%. The government will sell your purchases. NYS DMV sells all your information now.
 
Drinkthekoolaid

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OMG it's happening

Holy crap alarm bells are going off right now. Things are about to get out of control and the economy is about to crash and this is likely their last ditch effort to save things and maintain control.

This is outright shocking.

Multiple people here have been warning about coming events at the end of September/beginning of October
 
LibertyWins

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Dude, this would be the end of freedom as we know it.

Companies could even put a limitation on what kind of goods and services one can buy with their paychecks. Want to buy some ammo? Well, your paycheck is not earmarked to allow for purchases in that category! Want to buy a new TV? Nope, sorry, you already bought one within the past 3 years, wait 2 years and try again. Drank all your beer during that football game last night? Sorry, you met your spending quota on alcohol for the week!

You will own nothing and be happy. Yep, that's what this is about. Complete control. Might as well be living in China if this ever happens. Disgusting.
 
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96coal449

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I have been on alert for this to happen, after being cued in back in the summer of 2008.

holdover said:
Well were fucked
Click to expand...
Not really, but most likely will be. We could all stop paying federal extorsion, aka income tax.
Defund the thugs.
holdover said:
Electric cars can switched off , or limted,money frozen, if your a terrorist or Trump supporter. All this needless spending makes sense if you want to11
collapse the dollar and bring in a new currency
Click to expand...
LibertyWins said:
Dude, this would be the end of freedom as we know it.

Companies could even put a limitation on what kind of goods and services one can buy with their paychecks. Want to buy some ammo? Well, your paycheck is not earmarked to allow for purchases in that category! Want to buy a new TV? Nope, sorry, you already bought one within the past 3 years, wait 2 years and try again. Drank all your beer during that football game last night? Sorry, you met your spending quota on alcohol for the week!

You will own nothing and be happy. Yep, that's what this is about. Complete control. Might as well be living in China if this ever happens. Disgusting.
Click to expand...
We, HERE, are already on a severe limit list. Our social media record shows it.
 
Drinkthekoolaid

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96coal449 said:
I have been on alert for this to happen, after being cued in back in the summer of 2008.


Not really, but most likely will be. We could all stop paying federal extorsion, aka income tax.
Defund the thugs.


We, HERE, are already on a severe limit list. Our social media record shows it.
Click to expand...

Ask @Dr. Evil if he thinks he will be treated fairly or not.


Nope, none of us would ever imagine the gov would profile those they don't like or to punish political opponents. :rolleyes:


Remember back in the Obama/tea party years how it just ended up being pure coincidence that they all got audited by the IRS.

Now it makes sense why they hired 90,000 new IRS agents
 
Mr. terzmo

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Digital Dollar accounts would be a free zone for creditors as all they would need is a Court order allowing the creditor to take out whatever they need to satisfy a loan. Any and all accounts. The 'eminent domain" issue is watered down to basic greed for builder's so the privacy of a digital account would follow suit.
 
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RUSH 2112

II. Temples of Syrinx

... "The massive grey walls of the Temples rise from the heart of every Federation city. I have always been awed by them, to think that every single facet of every life is regulated and directed from within! Our books, our music, our work and play are all looked after by the benevolent wisdom of the priests..."

We've taken care of everything
The words you hear, the songs you sing
The pictures that give pleasure to your eyes

It's one for all, all for one
We work together, common sons
Heaven need to wonder how or why

We are the priests of the temples of syrinx
Our great computers fill the hollowed halls
We are the priests of the temples of syrinx
All the gifts of life are held within these walls

Look around this world we made
Equality our stock in trade
Come and join the brotherhood of man
What a nice contented world
Let the banners be unfurled
Hold the red star proudly high in hand

We are the priests of the temples of syrinx
Our great computers fill the hollowed halls
We are the priests of the temples of syrinx
All the gifts of life are held within these walls


""The words of the prophets were written on the studio walls... Concert hall""
 
prambo

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Digital Currency: The Fed Moves toward Monetary Totalitarianism | André Marques

"...CBDCs are mainly about more government control over individuals. If a CBDC were implemented, the central bank would have access to all transactions in addition to being capable of freezing accounts.

It may seem dystopian—something that only totalitarian governments would do—but there have been recent cases of asset freezing in Canada and Brazil. Moreover, a CBDC would give the government the power to determine how much a person can spend, establish expiration dates for deposits, and even penalize people who saved money."
 
Mr. terzmo

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on the bright side...87000 IRS agents would not be needed. Tax accountants for lower and middle class would be out of a job. Big Brother would know/monitor every transaction out there. The only deals would be barters or payments in jewelry or precious metals. This was discussed years ago. Another step to "world order"
 
Jsmegs77

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This is precisely how you move society back to a barter economy, along with a booming black market. I’m gonna start making alcohols… in addition to use as a cleaner and fuel, some are pretty popular to drink.
 
Defilade

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View attachment social credit.mp4

AUSTRALIA - Social credit introduced to acces the internet, via your digital ID.

Citizens need 100 points of identification to use social media & the police will have access to your accounts including private messaging.

Goodbye freedom. Hello tyranny.
 
SomeSoldier

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Just an fyi, if everyone didn't know.

Old Glory Bank | Home

The pro-America, FDIC-insured, online bank dedicated to protecting your Privacy, Security, and Liberty from cancel-culture and government overreach.
oldglorybank.com oldglorybank.com
 
GOPerfect

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Many people are already doing most of what the government is looking deeper into doing.

Buy gas? Pay at the pump. Most people use their bank cards/credit cards for most purchases already.

The days of walking around with a decent amount of cash are over and nearly done with.

Check writing? Some still do this. That is a form of digital. Shop on line and just click "order"? Yep. Digital.


This is all a part of, yep, you guessed it....


Agenda 21 and Agenda 2030...


unsdg.un.org

UNSDG | People's Money: Harnessing Digitalization to Finance a Sustainable Future

The UN Secretary General established the Task Force on Digital Financing of the Sustainable Development Goals (SDGs) as
unsdg.un.org unsdg.un.org
 
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