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439
🚨This Is Huge: President Trump has signed an executive order banning Central Bank Digital Currency (CBDC) (twitter.com) 💰 BOOOOOOM 💵
posted 1 year ago by ThisIsHowItStarts 1 year ago by ThisIsHowItStarts +439 / -0
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Comments (47)
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▲ 30 ▼
– Retaining_H2O 30 points 1 year ago +30 / -0

OOOHHH... I can just hear the Deep State and New Global Order shriveling now.

Digital Currency (control of money) and Media Control (control of information), along with complete ownership of the main Agricultural and Meat Producers in the U.S. (control of food supply) were their three main means to control of the entire population.

Media control is GONE. Digital Currency is now put on hold for at least 4-years... and may be gone completely later this term.

Ending the complete 100% Control of Agriculture and Meat Production by a few oligarchs will be the last hurdle to cross.

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– LordKekingtonEsquire 17 points 1 year ago +17 / -0

Bill Gates and CHINA are the main culprits regarding farm land in America. They have worked to put livestock owners out of business and have largely succeeded.

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– ThisIsHowItStarts [S] 11 points 1 year ago +11 / -0

Agreed… They wanted to control food as well. MAHA

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– rightymighty 1 point 1 year ago +1 / -0

This is not just another 4-year election.

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– ThisIsHowItStarts [S] 27 points 1 year ago +27 / -0

🚨President Trump has signed an executive order banning Central Bank Digital Currency (CBDC)

This was going to be abused by big banks as a social credit score where they could freeze your money for wrong think

Huge day for freedom

(v) taking measures to protect Americans from the risks of Central Bank Digital Currencies (CBDCs), which threaten the stability of the financial system, individual privacy, and the sovereignty of the United States, including by prohibiting the establishment, issuance, circulation, and use of a CBDC within the jurisdiction of the United States.

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– redtoe-skipper 11 points 1 year ago +11 / -0

That will make JPMorgan and BofA happy with their XRP-route trying to use UCC as the gateway for implementing CBDC

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– deleted 12 points 1 year ago +12 / -0
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– deleted 1 point 1 year ago +1 / -0
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– deleted 1 point 1 year ago +1 / -0
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– MemeToDeath2021 4 points 1 year ago +4 / -0

I wonder if the "backup" to the CBDC which is "Bank token fiefdoms" is negatively impacted by this. Chase's "Chainlink" is their crypto token they plan to mandate use for all of their customers suppliers and business partners. (Note the name...who would name a crypto after something used to control slaves except an evil psychopath like Jamie Dimon?)


Cabal historical play is to create "fiefdoms" controlled by their corporations, and then gradually consolidate into a single centralized entity (or 3 part industry oligopoly) when they get blocked from putting in place a single centralized entity to start with.

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– Monomial 8 points 1 year ago +8 / -0

The question is how do you define CBDC.

XRP is essentially a CBDC with a thin layer of blockchain as a disguise. Is that prohibited under this EO?

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▲ 14 ▼
– deleted 14 points 1 year ago +14 / -0
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– LogicCircuits 2 points 1 year ago +2 / -0

Fun fact there’s a crypto called USD Coin that’s pegged to the dollar. It’s distinctly not a CBDC.

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– deleted 1 point 1 year ago +1 / -0
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– deleted 8 points 1 year ago +8 / -0
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– FlexPowerhouse 4 points 1 year ago +4 / -0

XRP could be an good internm also betting on it, but I also see a big crash coming as well. I think there is a lesson that will be "you'lll own nothing and be happy and we'll steal that too" so they will make some sort of telecoms issues, crash some servers and let their friends unload the exchages and when it comes back the exchagned will be dry and the crypto almsot worth nothing. It'll be a crypto bank run created by the main hodlers since it is unregulated and everything is OK! so this will get people to want regulation and sound currency, so after this gold/silver backed crypto of some sort most likely...

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– Mightyspark2024 2 points 1 year ago +2 / -0

awesome information. Thank you.

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– GDZeus 7 points 1 year ago +7 / -0

Didn't Trump say he would cut credit card interest rates down to like 10%? I need him to do that real soon, so it would make it a little quicker for me to pay ours down.

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– ElegantVelociraptor 4 points 1 year ago +4 / -0

https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/.

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– ThisIsHowItStarts [S] 4 points 1 year ago +4 / -0

Thanks 👏👏👏

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– ElegantVelociraptor 4 points 1 year ago +4 / -0

I was about to post as well but saw your post, so figured I'd just post the link here. Teamwork, fren! ☺️

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– ThisIsHowItStarts [S] 4 points 1 year ago +4 / -0

Thanks friend 🐸🙏

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– SassyLass 2 points 1 year ago +2 / -0

So my question as an aging Boomer, is if we put some of our retirement funds into XRP to further diversify our land and other holdings, what is the best rate to look for? Is XRP only going to go up, or should we wait to see how much better we could do for what resources we have?

This is a whole new market for us. We have done very well with property investments, and refinancing to the lowest rate we could get (2.75%).

We are not interested in going through a financial group and would prefer to by outright.

Any thoughts to help us?

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– Suckitreddit 1 point 1 year ago +1 / -0

There are some businesses that will allow you to buy crypto within your 401k, maybe IRA, but I think they may have to maintain custody of it, which to me feels risky…so they keep the whole hash/ passwords/codes…and I just check on it…what if the internet goes down, what if they get hacked. The rule is you shouldn’t keep anything in the exchange where you purchase your crypto, but many people do and don’t move it to a cold wallet.

Kraken or coinbase are good exchanges…xrp is 3.15 ish each right now, Bitcoin is over $100k right now…

Don’t even know if either is available in retirement accounts, although I heard there may be a Bitcoin ETF…

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– deleted 2 points 1 year ago +2 / -0
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– Suckitreddit 1 point 1 year ago +1 / -0

Thanks…good advice

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– 1baldeagle 4 points 1 year ago +4 / -0

Thank you President Trump!

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– DIAFhillary 4 points 1 year ago +4 / -0

Indiana banned CBDC already as have other states. Whatever weight this carries at the federal level is good.

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– TinkAnon 3 points 1 year ago +3 / -0

Yes! 😉💵

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– weholdthesetruths 3 points 1 year ago +3 / -0

But he’s funding AI and someone we don’t like said maybe he could use it to create an evil vaccine don’t try to make him look good now ;)

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– ThisIsHowItStarts [S] 1 point 1 year ago +1 / -0

Tell us you don’t like Donald Trump without telling us you don’t like Donald Trump. Why are you even here?

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▲ 4 ▼
– weholdthesetruths 4 points 1 year ago +4 / -0

I’m sorry you must not be familiar with what a semicolon followed by a parenthesis means. Allow me to assist. If you convert it into an emoji it looks like this 😉.

You’ll notice one at the end of my statement. Colloquially on the internet this is a sign that SOMEONE IS FUCKING JOKING YOU DAFT TWAT.

Love you though. Same team.

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– ThisIsHowItStarts [S] 2 points 1 year ago +2 / -0

👍🙏

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– ThisIsHowItStarts [S] 1 point 1 year ago +1 / -0

I don’t have to do anything to make him look good NOW

https://x.com/Nicksdankmemes3/status/1882083605364752840

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– skf93 2 points 1 year ago +2 / -0

That's awesome!!!!

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– Lupinate 2 points 1 year ago +2 / -0

Good.

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– SOGWAP 2 points 1 year ago +2 / -0

Needs to be federal law.

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– Hope4thefuture 2 points 1 year ago +2 / -0

This needs to be more than an EO, which can be reversed by the next administration.

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– proforma1 2 points 1 year ago +2 / -0

This sounds like a great thing.

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– LilyBee24 2 points 1 year ago +2 / -0

Can the next president un-executive order it?

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– Sumar0ngi 4 points 1 year ago +4 / -0

yes

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– Fuhqreddit 2 points 1 year ago +2 / -0

Soooooo, XRP go bye bye?

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– Frayed-2 2 points 1 year ago +2 / -0

Executive orders aren’t laws. Can someone explain whether the executive branch has the power to actually do anything on the matter?

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– Sumar0ngi 3 points 1 year ago +3 / -0

I’d assume that since the Treasury is under the executive branch it would instruct them they they would neither issue nor accept a CBDC as legal tender or to issue debt.

If the FED did an end run around, the CBDC wouldn’t have traction it would need to gain adoption

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– Archon69 2 points 1 year ago +2 / -0

When banks clear transactions through the FED without any paper money involved using a central bank digital currency called the dollar? Banks use digital bookkeeping entries without any backing.

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– ThisIsHowItStarts [S] 2 points 1 year ago +2 / -0

So we need the gold standard

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– Archon69 1 point 1 year ago +1 / -0

Or a basket of things that hold value, such as commodities, petroleum, metals, etc.

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– deleted 1 point 1 year ago +1 / -0

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