Welcome to General Chat - GAW Community Area
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It looks to me that they have done the BAIT & SWITCH on America: They are going to create a Central Bank Digital Currency. If this happens, Elon Musk should Immediately launch a THIRD PARTY. This party will Introduce GOD's LINE of Credit. This will be an Interest Free tool to financially rescue the entire World, Country, by Country. The USA & Canada will control 49.50% The rest of the World 49.5% starting with all the Christian Nations, will have a partnership. . A Global Brothetrhood will control 1% 1/3 for God's Brotherhood. 1/3 for Earth's Brotherhood and 1/3 for Man's Brotherhood. USA & Canada will train and create a massive job creation for their Nations. For each project around the World using God's LOC, there will need to be PAID Americans working. This will guarantee America will stay strong & Prosperous for the Next 1000 years. It is during this TIME Humanity will build Housing & Infrastructure that will carry Humanity for the next 1000 years. During the use of God's LOC, Humanity will transition into a new free & Stable currency. The Wotld will be divided into sections and the section that maintians the use of God's LOC in the most responsible & conservative way, will enjoy a stronger currency. (Much more of this to follow. A little friendly competition keeps things exciting) https://x.com/505Cali2/status/1946500208457585052
Good grief. Did it completely pass you by that there was a reason there were 3 Acts ? The third Act specifically prohibits creation of a Central Bank Digital Currency.
In addition to that, they also introduced the feature that the digital currency will be anonymous, just like cash.
If you think we can have a future with asset backed currency that is not going to be digital, you are smoking something else.
Centralized Digital Currency backed by nothing - bad.
Decentralized Digital Currency backed by Assets - good.
The acts provides all the railings to ensure the digital currency does not become a weapon.
This IS the GOD's line of credit. This will be interest free, thats why they designed this to be a stable coin - but a real one thats backed by US assets, not the current day unregulated fake stablecoins backed by nothing.
This is what GENIUS Act does my fren. And every person in the world can fund US government by purchasing these stable coins at PAR VALUE (which means NO INTEREST)
Did you listen to the attached Video? It says they will scrap some of the promises in the genius bill. This is why I said if THEY do the bait and switch.
Oh my GOD!! Did they say it? Then it must be true !!!!!
PANIC MORE!!!!
It better to be cautious and find workaround solutions than sarcastic, my Fren.
We are at the beginning of a new Dawn my Fren. The Sky is the limit on New Ideas. Unless you control the purse strings of success, I'd be more open-minded to Ideas.
Well, whatever they do is coming, and nothing can stop what is coming.
Actually, I suspect it's already came and now being rolled out to the masses.