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 Theyβll 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 am one of them.
Me too , I thought CBDC was a strain of CBD pot ! Damn Iβm lacking all kinds of knowledge on this !
You are so funny. LOL
Glad I could make u smile / laugh , but seriously Iβm lacking knowledge on this ..Iβm not techi at all , this site was my first social media experience ! I remember hearing Catherine fitz speaking about this , but didnβt know the initials ...Iβve been reading the post ..this is not good !
If you don't know anything about crypto and you have some cash sitting around. I would only keep enough in the bank to pay bills.
I would recommend doing this:
You don't need to learn crypto right now because I think the banks will help in the future. Banks in Brazil and Guatemala and others in SA already doing that. Just make sure you do not accept CBDC. Go for other crypto. The most commonly accepted right now are Bitcoin, Etherum, Moreno.
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.
Thatβs right.
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.
Whatβs 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.