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Biden could, soon, take all of our cash away from us and replace it with "Biden Bucks", or digital dollars.

Thanks to Section 4 of Biden’s Order 14067 ordering urgent research into developing the digital dollar…I believe the US dollar, the standard of the world since 1792… will be REPLACED by a new currency, the digital dollar.

These new electronic currencies are called CBDCs – or “central bank digital currencies”.

https://www.stocktrendalerts.com/what-are-biden-bucks-jim-rickards-latest-prediction/

https://stockpickexperts.com/the-ins-and-outs-of-biden-bucks/
Budwick · 70-79, M Best Comment
[quote]I believe the US dollar, the standard of the world since 1792… will be REPLACED by a new currency, the digital dollar.[/quote]

Gosh, I hope not. Governments are fallible. In the U.S., think back to the launch of healthcare.gov or federal- and state-level breaches involving sensitive data in more than 300 million cases in the last 10 years. With CBDCs, the whole economic system could be brought to the brink by bad updates or data leaks of the centralized ledger.

I think too that our economy would then be a keystroke away from becoming part of a WORLD CENTRAL BANK.

This is a bad idea.

Abstraction · 61-69, M
No.
The Federal Reserve says on its website that it is “considering a CBDC as a means to expand safe payment options, not to reduce or replace them.” https://www.federalreserve.gov/cbdc-faqs.htm

https://www.verifythis.com/article/news/verify/economy-verify/biden-executive-order-14067-not-getting-rid-of-cash-fact-check/536-aabc0fdb-22f6-409d-9654-f8905bfd3103
Holidaze · 18-21, F
@Abstraction People are always trying to scare us with their false spin on news. Thank you.
Abstraction · 61-69, M
@Holidaze It's because they believe what they read that confirms what they already think and only question things they already disagree with. So... that doesn't help someone navigate misinformation, really. Not a lot of room to learn and grow. Truth takes some courage.
FloorGenAdm · 51-55, M
I'm reminded that government seized the citizen's gold in the 1930's.
This is the single most terrifying thing I can think of going on right now. Several countries are banding together to take down the US dollar as the world standard. It could devastate our economy and potentially wipe out people's savings and investment portfolios. Worse yet...the plan includes centralized control over your ability to actually use the currency by tracking you and your behaviors. Step out of line, and you don't get your ration of crickets to eat.

This looks like the mark of the beast.
Abstraction · 61-69, M
@BizSuitStacy To compete with the US dollar. Why would China and Russia in particular want the US dollar to be standard? They aren't fans of the USA. Even Europe which is friendly to USA started the Euro because it makes sense to have a strong international currency by combining interests.
I'm not obtuse, I'm well informed, know how to read between the lines and certainly see through conspiracies. There are many real agendas to be concerned about internationally which can be verified, but I'm very tired of shallow conspiracy theories and posts like this one. Research it. They are not replacing the US dollar.
@Abstraction And I'm very tired of people who can't see the writing on the wall.
Abstraction · 61-69, M
@BizSuitStacy What through youtube?
StraightLacedLADY · 41-45, F
Scary stuff
bgjb58 · M
It’s possible! No one is trying to stop the brain dead idiot from doing all the crazy shit he’s been doing.
ABCDEF7 · M
It's the future. In addition to India, countries like the UAE, Ghana, South Africa, Malaysia, Singapore, and Thailand, among others, have already issued digital currency on a pilot basis. US is late.

For international transactions:
www.youtube.com/watch?v=07yMvq5WxAs&t=770s

For Country's internal economy:
www.youtube.com/watch?v=07yMvq5WxAs&t=325s
ABCDEF7 · M
@Budwick Lol.. It's not about how it sound, it's about the fact. I guess, it's less dangerous than AI.

Sometimes it doesn't come with a sound, it comes bare foot. You just realize it later.
Budwick · 70-79, M
@ABCDEF7 Just remember - [b][i]A Wet Bird Never Flies At Night.[/i][/b]
ABCDEF7 · M
@Budwick Time will tell, if the change becomes reality or not.
He nor any of the demons who control him don’t believe in the sovereignty of our country anyway. They won’t rest until we are all slaves.
Confined · 56-60, M
All the brain dead idiots that worship the WEF want this. They have no idea what they are getting into.
biden dont make laws.. another SCOTUS shutdown on the way..

but they gotta throw it out there huh? test the water. see if the majority are stupid enough to go for it!..
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FloorGenAdm · 51-55, M
@MarmeeMarch [media=https://youtu.be/rbmV4J2GkUQ]

 
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