https://www.bitchute.com/video/UXTqXr6SQekk/
If you have under 50k, you probably will get your money immediately.
If you have under 250k, you will probably get your money eventually.
If you have over 250k, you will probably be screwed. There goes American small business in one fell swoop.
Who really knows, because according to one source: In May 2010, there was $40.4 billion in coin in circulation and about another $900 billion in banknotes.
That's'a not a lotta.
https://www.youtube.com/watch?v=OjOrkwfbc0g
Now, that brings us to the bail in / exchange rate of 'pennies on the dollar'.
You'll get more on the dollar if you buy into the CBDC. Physical dollars will buy a premium in fractional FEDCOIN. Any bail out will be in FEDCOIN (if dollars are offered, will be at a lower value than FEDCOIN).
https://www.legacyresearch.com/the-daily-cut/were-one-step-closer-to-fedcoin/
Dec 13, 2022 | The Daily Cut | 7 min read Chris’ note: Longtime readers will know all about FedCoin. It’s the digital-only dollar the Fed has been planning for years. And last month, with little fanfare or media coverage, it launched a program that brings us one step closer to FedCoin.
The Fed has launched a pilot program for a “crypto dollar” – what it calls a central bank digital currency (CBDC).
It tokenizes U.S. dollars. Then it uses a shared ledger like the bitcoin blockchain to improve financial settlements between banks.
With the CBDC pilot program in motion, the Fed has taken a giant leap toward its goal – a digital-only dollar or “Fed coin.”
So today, I want to pull back the curtain on this massive development and show you what it means for you and your money.
Remember all that talk about the Treasury minting a 'trillion dollar coin'? Well, it's not so crazy if it's a digital FEDCOIN. You'd be able to buy/trade/sell fractional coin.
https://en.wikipedia.org/wiki/Trillion-dollar_coin
The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011, as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high-value platinum coins. The concept gained more mainstream attention by late 2012 during the debates over the United States fiscal cliff negotiations and renewed debt-ceiling discussions. After reaching the headlines during the week of January 7, 2013, use of the trillion-dollar coin concept was ultimately rejected by the Federal Reserve and the Treasury.
Remember all that talk about FEDCOIN? What's changed from it being 'just talk' to a secret meeting about implementation?
The technology is ripe.
This isn't rushed, it's planned.
They could have kicked that can down the road another decade or two, but something's changed.
There's the technology, making it possible.
The second factor is the 'awakening' and the pressure to make the shift before people wise up.
People are wising up thanks to the downsides of unregulated coins scamming people. However, the means to uncover the screw job also exist in the currency. Wallet addresses, etc.
Tax man gonna have backdoor access, so what will they see in your finances come tax time? How will you hide a transaction from your wife, much less the tax man?
So, they're ready to launch. That's all that's changed.
Now, they are discussing the rug pull of analog money.
What will be really funny is if it was released in the same family of 'novelty' currency like NFT. They might have to do something silly like that to get around passing another law, but who knows? It's just a funny accent to my dystopian prediction.
What if FEDCOIN was an NFT like token to get around legalities? That's what the plan was for the trillion dollar coin.
A 1997 law intended to help the Mint make money off of coin collectors gives the Treasury secretary the power to mint platinum coins of any denomination, for any reason. When commentators discovered this law during the 2011 and 2013 debt ceiling battles, they realized that this power could offer a way to sidestep the legal cap Congress places on the federal government’s borrowing.
You think it's coincidence that there have yet to be any new banknote series issued since Mnuchin? No transition to a new [purported] Sec of Treasury has ever resulted in a delay of this length...
Curiouser and curiouser
https://www.cnn.com/2022/12/08/economy/us-currency-first-time-two-women-signatures/index.html
Dec 8, 2022
US Treasury Secretary Janet Yellen traveled to Texas Thursday to mark an important and historic milestone, touring the Fort Worth Bureau of Engraving and Printing facility to observe firsthand the printing of $1 and $5 bills with her signature for the first time.
Interesting it has taken this long. No $20's or up yet either.
Crazy thought:
ROSEBUD, South Dakota, June 21, 2022 (Reuters) - U.S. President Joe Biden on Tuesday announced his intention to appoint Mohegan Indian Tribe Lifetime Chief Marilynn Malerba as U.S. Treasurer, marking the first time a Native woman's signature will appear on U.S. currency.
U.S. Treasury Secretary Janet Yellen, who is visiting the Rosebud Sioux Tribe in South Dakota on Tuesday, also announced the creation of a new Treasury Office of Tribal and Native Affairs, which will report to the treasurer and administer tribal relations.
https://www.reuters.com/world/us/yellen-says-biden-nominate-first-native-american-us-treasurer-2022-06-21/
I know there was talk of this person not being a true 'native' but in some sense they are a native compared to the future that is coming. There will be quite a tribal system in a (Constitutional) America when it comes to every aspect of life.
Imagine babies born into simulations where every babble is understood and people spend their lives as whales swimming in the ocean.
Maybe their bodies will be rented out to Amazon while they regress into fantasy and pleasure.
Maybe AI will allow you to have an actual conversation with your fish, or dog and that's where you draw the line. At Comet the Talking Dog. It would be cool to talk to your lawn as well and have it give you daily reports of nutrient levels in a conversational format. People are pretty boring.
Some will choose otherwise. Each 'simulation' will have it's own economy like a video game 'in-game store' and you start to get the picture (indentured servitude). Some will choose to live old 1G life, like myself, but augmented.
1G being a multi-faceted pun.
This move also seems relevant to these developments
https://www.baltimoresun.com/politics/bs-md-pol-money-printing-beltsville-20220427-7k2tsfe2nfdernbkjgsby5emlm-story.html
Pretty sure it was u/CHAOS_ACTUAL who pointed this out last summer.
Dasting.
Moving it to the military.
We are in a currency war.
Currency is all any country will have left of value, and people will sell their attention.
Gotta protek
Interesting that VA got its prior DC territory back via retrocession (questionable as to the constitutionality of that move) riiiiiight before the Rebellion of 1860. Why? Because of the efforts to abolish slavery in DC. The VA side of the Potomac was home to the most profitable slave markets in the nation. Had to get that land back into the hands of the slavery powers in VA. If abolitionists got Congress and POTUS, slavery in DC was as good as done. The rise and success of the Republican party signalled the inevitable. So VA, backed by slavery powers, got their "dirty money" so to speak, out of the dirty bank, before the dirty bank got shut down. Remember... Dominos of Disunion. All planned, for a long time.
I can't help but draw parallels to what's going on today. MD tried to get its land retroceded from DC, to no avail. But interestingly, we've seen lots of events happening that all have one thing in common - a physical, geographical move out of DC. Might not get the car back from the impound lot, but getting all of the stolen money and jewels out of the car.
So a new series of bank notes was actually approved? Or is she really just signing even more counterfeit, counterfeit bills?
Creation of a new treasury office eh? Curious about the details behind that. Did Congress authorize it? Fund it? Executive order?
Furthermore, how could an office dealing with Tribal and Native Affairs, fall under the Treasury department? If the federal government is treating Indian tribes as sovereign "nations" (despite being physically within the jurisdiction of states), then one should expect all of these affairs to fall within the purview of the State Department given the "diplomatic" nature of the relationship. If not recognizing tribal governments as sovereign, and "tribal" lands as not the property of the tribes but merely federal territories (as they are), then it would make far more sense constitutional for "Indian affairs" as being within the Dept of the Interior, which is currently the case.
The Treasury should have nothing to do with this aspect of governance. So why all of a sudden the need for an office? Cui bono? If history tells us anything, certainly not the Indians, at least not 90% of them...
As are the vast majority of beuracratic positions. Just warm bodies for optics of convincing people that somebody is running things, and obviously for their benefit... /sarcasm. Of course, the complete opposite occurs... unqualified, incompetent, negligent and/or nefarious people end up in positions that they system actually depends on to function effectively, and because you've got bad bus drivers trying to be boat pilots, nobody is going to be able to catch Truman...