It's even less than that. Apparently DC_Draino grew up after Schoolhouse Rock. This just means it made it out of committee. It hasn't even passed the House of Representatives yet.
All modern banking is done by computer anyway so I really don't see a difference in what they are calling the Dollar any longer, it's already digital and central. I guess the only thing left is to stop them from tying a credit system to it... oh wait, yeah that is already in place as well. You can be ruined and don't even need a social credit score, they skipped that part, China was probably more humane in their version to be honest.
This. And it is subject to bail ins if you have it in a commercial bank. (Apparently not subject to bail ins for credit unions since you are considered an owner not an unsecured creditor).
Huge step in that it cleared committee, one long step away from full House, then Senate, then reconciliation, then President signature/veto, then two thirds override.
But it's on the record, and shows that some people are debating it at the minimum in the halls of government.
I hope not, the 65+ show votes, then the ultimate slap in the face when the Republicans ran for reelection on a referendum platform majority of "repeal" only to have John McCain fly back in to cast the "no" vote to block it.
Such a miss for Republicans to not have a plan ready, or the messaging ready to effectively turn healthcare government run choices/powers back to the States.
I wouldn't jump to conclusion on this being a good thing. It means the US dollar is getting left behind and will be obsolete. New rails are coming and now we aren't joining the show. All BRICS nations are creating their own CBDCs backed by gold to trade on this new financial system. They should have guaranteed our privacy and made sure any CBDC is backed by gold.
They're doing this so they don't have to keep their dirty money in digital form. Let's not fool ourselves that they're doing this for the good of America.
Yes because they know the people will actually cross the rubicon and hang them for it if their finances are seized. This one will get kicked down the road until they are brazen enough to implement it
for real , senate going to pass it? Potato going to sign it?
It's even less than that. Apparently DC_Draino grew up after Schoolhouse Rock. This just means it made it out of committee. It hasn't even passed the House of Representatives yet.
https://www.youtube.com/watch?v=OgVKvqTItto
Not any size of step forward, when it will absolutely die either in the Senate or at teevee Biden's desk.
I'm pretty sick of constant "BREAKING" from idiots on twitter, when nothing actually ever changes. Such constant hopium.
We will see I guess.
They NEVER pass this kind of shit with a conservative POTUS in office.
All modern banking is done by computer anyway so I really don't see a difference in what they are calling the Dollar any longer, it's already digital and central. I guess the only thing left is to stop them from tying a credit system to it... oh wait, yeah that is already in place as well. You can be ruined and don't even need a social credit score, they skipped that part, China was probably more humane in their version to be honest.
There is an absolutely massive difference.
Cash is fungible. I can take money out of my account and use it to buy beef.
When it's all digital they can track my purchases and enforce a "beef allotment".
If they even let you have access to your account. Don't get caught wrongthinking, or they'll turn off your debit card.
This. And it is subject to bail ins if you have it in a commercial bank. (Apparently not subject to bail ins for credit unions since you are considered an owner not an unsecured creditor).
Huge step in that it cleared committee, one long step away from full House, then Senate, then reconciliation, then President signature/veto, then two thirds override.
But it's on the record, and shows that some people are debating it at the minimum in the halls of government.
Like repealing obamacare?
I hope not, the 65+ show votes, then the ultimate slap in the face when the Republicans ran for reelection on a referendum platform majority of "repeal" only to have John McCain fly back in to cast the "no" vote to block it.
Such a miss for Republicans to not have a plan ready, or the messaging ready to effectively turn healthcare government run choices/powers back to the States.
It had zero to do with messaging, or a plan. It had everything to do with uniparty, reelection, and insurance lobbyists.
That's because Musk is already on it.
I wouldn't jump to conclusion on this being a good thing. It means the US dollar is getting left behind and will be obsolete. New rails are coming and now we aren't joining the show. All BRICS nations are creating their own CBDCs backed by gold to trade on this new financial system. They should have guaranteed our privacy and made sure any CBDC is backed by gold.
They're doing this so they don't have to keep their dirty money in digital form. Let's not fool ourselves that they're doing this for the good of America.
Huge step forward would be banning the federal reserve entirely.
Lol they will just name it “patriot freedom shekel” and jam it through.
Kek
What ever happened to the Constitution reading that only gold and silver will be legal tender?
Article 1, section 10: "make any Thing but gold and silver Coin a Tender in Payment of Debts"
Lol, senate won't pass it and shitstain won't sign it. Just another virtue signal.
Even if it passes, the bill is to stop another step backward. Doesn't involve a step forward of any kind.
Yes because they know the people will actually cross the rubicon and hang them for it if their finances are seized. This one will get kicked down the road until they are brazen enough to implement it
Lol cbdc is coming whether you like it or not
NAh they will Skip this and just go right to the Mark of the beast
Thankfully! Bitcoin is already starting to inch back up! Buy Low - Buy Now!
If passed and signed into law, yes.
No, it's like pissing on a house fire.
Performative fuckery.
Yay, a strongly worded letter!