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
Yeah but that dont say anything about how we will buy and trade off that gold backed currency. Very well could be gold backed digital.
You can't trust a bank or institution to hold on to your gold. Therein lies the problem.
You could have precious metal coinage but no banks
You could have a gold-based crypto stablecoin but if it is backed up by an institution holding the gold, you have to trust that institution to not lie and take everything for themselves... Not impossible, there may be some system we come up with a DAO but it's very unclear right now.
"If you don't hold it, you don't own it"
Just say no to counterparty risk, kids!
Exactly. Non-custodial is always the way to go (meaning an institiution can't take custody of your assets).
So when do we find out this whole show is going to roll so slow that we'll have CBDC (2023) and social credit scoring (2024) until Trump actually gets voted into office in 2028 and brings back paper money?