Posts Tagged ‘CBDCs corrupt money’
2/26/24: Why Are Some U.S. Lawmakers Opposed to CBDCs?
By SRH, Update: Government oversight, management, and regulation are applied to digital currencies called CBDCs. There are concerns that these measures could pave the way for a dictatorship through the implementation of digital IDs, immunization passports, social credit ratings, and other policies. This article details the workshop’s schedule and emphasizes the importance of paying attention…
JPMorgan Chase As Bank of America, Wells Fargo and Citigroup Will Be Close Temporary Very Soon, Welcome to Fed Now CBDC
$40,000,000,000 in Unrealized Losses Hits JPMorgan Chase As Bank of America, Wells Fargo and Citigroup Face Exposure to US Treasuries: Report BanksterCrime: According to a recent analysis on the company’s entire balance sheet, JPMorgan Chase has quietly revealed tens of billions of dollars in losses on securities. According to Barron’s, the banking giant is now…
WEF: Somebody Has To Be In Charge Of Rationing Freedom
BanksterCrime: That’s why only Central Banks can create digital currencies The Fed recently put out a white paper, Data Privacy for Digital Asset Systems, which contends that the expectation of privacy in digital currencies (read: CBDCs) stems from misunderstanding how digital systems work. “Concepts such as the desire for ‘cash-like anonymity’ are based on false underlying…
Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs–Don’t Trust The Fed’s
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar. By Jack Schickler Takeaways FedNow conveys money almost instantly, versus the hours or days it has conventionally taken in the U.S. – finally bringing the world’s largest economy in line with other countries. The central bank has denied…
The Fed Has Just Declared War On Americans… Again!
And now the Fed wants to make us a cashless society! When every dollar is gone, that means no greenbacks for swap meets or garage sales. No tooth fairy or piggy banks. No rainy day savings. No extra quarters for the meter. No giving change to the homeless. No giving dollars to street performers or…
These Morons Can’t Do Anything Right: Fed’s New CBDC Hacked Just Six Days After Its Launch
BanksterCrime: We spend a lot of time wondering about the future and where all of this crazy will go in a world full of unthinkable nonsense. “Future Headline Friday” is our satirical take on where the world is headed if things continue as they are. While our satire may be humorous and exaggerated, you can…
US Representative Warren Davidson: ‘CBDC Corrupts Money Into a Tool for Coercion’
Warren Davidson, U.S. representative and part of the House Committee on Financial Services, has disregarded issuing a central bank digital currency (CBDC) in the country. Davidson explained that CBDCs corrupt money into a “tool for coercion” and detailed that there was no legal way of issuing such a currency without legislation. U.S. Representative Warren Davidson:…