EDIT: Thank you so much for your comments and questions everyone. There are so many people around me who don't get the magnitude of this situation. Seeing the number of you discussing this on here gives me spirit and strength! All it takes is for people to Question what is happening. Discuss it with your family and friends. Plan and act accordingly.
https://files.catbox.moe/le9u1j.mp4
WWG1WGA!
The Fed Is Getting Ready For The Next Crisis | Uneducated Economist
https://www.youtube.com/watch?v=deNbya8rpEg
https://files.catbox.moe/0urb6v.mp4
The Federal Reserve Will issue their CBDC with the introduction of FedNow expected to rollout the middle of 2023.
Technology, Innovation, and Financial Services By Governor Michelle W. Bowman
https://www.federalreserve.gov/newsevents/speech/bowman20220817a.htm
https://archive.ph/NrLay#selection-5023.444-5023.544
About the FedNowSM Service
You need to understand what CBDCs are and how they are different from crypto and decide which one you will allow.
CBDCs Vs. Cryptocurrencies: Side-by-Side Comparison!! | Coin Bureau
https://www.youtube.com/watch?v=Vb1Y760Sazc
https://files.catbox.moe/rryjup.mp4
This Is How They’ll Convince America to Adopt a CBDC | Heresy Financial
https://www.youtube.com/watch?v=EtNxyQMN76Y
https://files.catbox.moe/hxxmuj.mp4
Crypto Holders WATCH OUT!! THIS Is The Future THEY Want!! | Coin Bureau
https://www.youtube.com/watch?v=To5ek8F7zIQ
https://files.catbox.moe/zwgmb0.mp4
I went to a bar the other day and talked to an idiot normie who thought CBDCs were a good thing to compete against China. PEOPLE ARE NOT AWAKE TO THIS YET. THE MESSAGE NEEDS TO SPREAD!
MOST PEOPLE ON THIS SITE DONT EVEN UNDERSTAND THE DIFFERENCE BETWEEN A CBDC AND CRYPTOCURRENCY
I am one of them.
Me too , I thought CBDC was a strain of CBD pot ! Damn I’m lacking all kinds of knowledge on this !
You are so funny. LOL
Glad I could make u smile / laugh , but seriously I’m lacking knowledge on this ..I’m not techi at all , this site was my first social media experience ! I remember hearing Catherine fitz speaking about this , but didn’t know the initials ...I’ve been reading the post ..this is not good !
I highly recommend checking out his video and asking any questions you have on cryptocurrencies and CBDC. There is far too much for me to type about on the subject and in order to understand, you need to ask questions what you don't know on the subject and talk about what causes you anxiety on the subject.
CBDCs Vs. Cryptocurrencies: Side-by-Side Comparison!! | Coin Bureau
https://www.youtube.com/watch?v=Vb1Y760Sazc
Me 2
Thank you sir for the summary. Everyday we learn.
And it's Government Controlled to a whole new level. Here are a few scenarios for how it's said to potentially work.
1.) Your employer doesn't want his/her staff coming in drunk or hungover so the employer can manually code into the salary that the wage is not to be spent on alcohol. When an employee tries to buy alcohol in a store the transaction is declined because the digital wage currency has the employer block enabled.
2.) You have eaten your allocation of meat for the month. You try to buy more and can't because your carbon allowance tied to CBCD has been reached. Denied.
3.) You didn't get your jabs so your spending power is restricted to certain stores and food groups. Also because of this, your immediate family has been deemed high risk and the same restrictions get applied to them despite the fact they took the jabs. This is a control/pressure technique done through technical financial restraint.
Context: https://archive.ph/L6ryd
Seems biblical if they control who can buy and sell. Maybe you didn't go to worship so they cut you off for a week. Maybe you worshipped Jehovah on the Sabbath so no Gasoline for you.
This is enormity in its' fullest display, and totally communism. We don't need control over us, we need political people looking out for Americans and America. We basically have a uni-party because of greed and corruption. This has to stop and the sooner the better. It will, and for me is, be hard to trust anyone in a "leadership" position. These people aren't leaders they are wealth seekers and evil.
What’s your quick opinion on etherium and their spin offs? Particularly loopring (LRC)?
And for those reasons, and more, I don't trust ANY digital currency (other than my digital online purchases and bank payments done now :) ) (not to confuse anyone; I'm not saying that when you do online purchases and other things involving credit cards or bank transaction, that it's the same as using cryptocurrency or true digital currency)
Both of them scary. I do not want them even if cryptocurrency is less coThank you for educated us. God bless you.
Well, with this as Verified.....
IT'S TIME TO START HOARDING COINAGE......
Fed Res Notes are Private Property of the OWNERS of the Fed Res, those OWNERS are Rothschilds Morgans, Rockefellers, Reynolds, Du Pont, etc, it's IN the Book titles the Beast from Jeckyll Island.....
Coins, ALL Coins, are Public Property, OWNED by The Holder OF the coins, not the Fed Res, and NOT the U.S. Govt.....
Are you talking about coins like half dollars , quarters , dimes and nickels ? I ask because I have 15, 000.00 dollars in rolled coins in my safe ..God knows why , but 8 months ago I went to the bank and ordered cases of coins , I did it 3 times 5 k each trip . I threw in my safe with my silver ! It’s just sitting there, I figured my kids could use them someday ! Anyway I was just wondering , I’m reading the comments because I don’t know what CBDC is ! TY
Yes, that is exactly what I'm referring to....
When the Fed Res begins to kill off Their Paper Dollars, we will still have Our Coins, and they are Not Allowed to take those away because it is Public Money under the Constitution.....
The Coins fall directly under the U.S. Mint, under Congressional Duties, hence are Public Money.....
Hoard the Silver like a Miser, but the other stuff made from Junk Metals can be used for daily spending......
Omg , I can't believe this .. I was wondering why I had the urgency to buy rolled coins. I started with half dollars I bought 3000 dollars worth and 2000 in dollar coins , the gold presidents coins, Susan b Anthony and some Indian girl , I didn't even know they had president dollar coins or the Indian girl , all I knew was Susan B Anthony , I actually went through all the half dollars and believe it or not I found 5 real silvers. I actually washed the half's and dollar coins, (my God coins are filthy) and packed them away .. I then went back to the bank again and bought $5000 in quarters dimes nickels and pennies then I went back again and bought another $5000 in dollar coins and half dollars It takes a week for the bank to order them ! After hearing this , I think I'll go back and buy more lol thank you so much for telling me . So they will get rid of the dollars but they can't take away our coins ,, this is incredible ,, my son and daughter were laughing at me , cases of coins are heavy, the bank gave me a cart to wheel them out , my safe is packed , but there is more room , so I'm going to buy more lol thank you again
I wonder if this is why coins are getting hard to get ,,, I was at the airport a couple weeks ago in Colorado catching a plane back to San Diego and I went to one gift shop to buy nuts or something and the bill was like 604 and she told me she didn't have any change so she was going to keep my $.96 and some woman turned around and said I'll give you the four cents , I couldn't believe it .
A CBDC is basically tokenized fiat that exists on an XRP Ledger side chain (Ripple has something called the "CBDC Private Ledger"... basically it's a clone of XRPL that connects to the real and open XRPL but has different rules, permissions, and programmability) -- or the Stellar networks (such as how USDC runs on Stellar -- USDC itself may even become the USA "CBDC"... think "private-public partnership") -- or something like Algorand.
In any case, if you want to avoid whatever limitations USA digital money might have in the future, just hold XRP now and hang onto it until you see how this plays out.
The XRPL is not built to enslave you, and neither will it be permitted to. What certain nations or entities decide to build on top of it is perhaps another story. But you can always hold a stake in the open, public, permissionless XRPL.
And by "always" I mean, you can do it now, knowing what you hold, and be so wealthy when they flip the switch on the new system that you're not going to be worrying about the bullshit they push on the masses.
The "Patriot Act" is not built to enslave you, and neither will it be permitted to.
The "Obama Care" is not built to enslave you, and neither will it be permitted to.
The "Income Tax" is not built to enslave you, and neither will it be permitted to.
The "Central Bank" is not built to enslave you, and neither will it be permitted to.
The "Government" is not built to enslave you, and neither will it be permitted to.
Shall I go on?
hushhh, I'm still trying to pack my bags lol. And yeah, the system is coming whether people want it or not. If conservatives got their heads screwed on straight then WE could be the ones to profit from it and in turn make a huge difference. People don't understand....the price will never come down...
I've been holding for a while. It's already tanked more than half of what I bought it for, so I'm pretty committed to it now. It probably will moon, but they'll also require their mark of the beast WO2020060606 chip to use it, so it will ultimately end up worthless to me.
With you talking about just buy/sell on places people are saying on here like Atomic or Exodus. Do your own research though and go noncustodial and decentralized solutions when possible.
DEXs won't stop you from buying/selling XRP
Trading XRP has been suspended since 2021.
The government can't stop DEXs from conducting trades, there's no one for them to arrest. They can only stop centralized exchanges like Coinbase.
Uphold or swap on atomic or exodus wallets
Lots of ways to buy
This is interesting, so they will likely be competing to be the CBDC.
Algorand is developed by MIT engineers and funded by the government. Also another contender for running the CBDCs.
How do I know this? What is the governance system for new protocol changes to be made on XRP? Is it all centralized by Ripple or is there a process for regular users to put forward proposals?
Special on ISO 20020/ISO 20022
https://files.catbox.moe/ij26eq.png
https://files.catbox.moe/5tb90u.jpg
https://files.catbox.moe/7ps11g.jpg
INATBA is the International Association of Trusted Blockchain Applications and Cardano Foundation is a founding member, along with Ripple XRP, IOTA, Stellar XLM, Algorand INATBA brings together companies, governments, and regulators of the Blockchain Technology industry.
https://inatba.org/
Take a look at ISO 20020 & 20022 as well.
8ISO 20022 is a multi part International Standard prepared by ISO Technical Committee TC68 Financial Services. It describes a common platform for the development of messages*
https://www.iso20022.org/
Deutsche Bank - On November 22, 2022, the Eurosystem, EBA Clearing, and SWIFT will all migrate to the new, global payment messaging standard ISO 20022. With less than seven months to go, flow explores the challenges so far – and those that still lie ahead for the industry
https://flow.db.com/cash-management/ISO-20022-Changes-on-the-final-stretch
Will it impact cryptocurrencies that are linked to cross-border payments like XRP & XLM or Will it have an impact when CHAPS, CHIPS & FedWire go live in 2023 or when the migration is fully completed by November 2025?
ISO 20022 For Dummies
https://www.goodreads.com/book/show/15736605-iso-20020-for-dummies
The common standards platform for the financial industry.
ISO 20022 brings profound benefits to the financial services industry, as it realises end- to- end processing across domains and geographies that currently use vastly different standards and information formats. In this book you will learn the key ideas behind ISO 20022, and what makes it different from other financial standards.
ISO 20020 for Dummies Custom.pdf
https://files.catbox.moe/mgibli.pdf
(May 21, 2020) Ripple attacks SWIFT for renewed delay of ISO 20020
https://www.crypto-news-flash.com/ripple-attacks-swift-for-renewed-delay-of-iso-20020/
(Jul 24, 2002)
ISO/WD 20020
20.98 Project deleted
https://genorma.com/en/project/show/iso:proj:35266