Friday, November 18, 2022

Digital Currency in a Pilot Study

NY Fed and Major Banks Make Announcement That Should Concern Us All

We saw large-scale changes in how elections were conducted using the pandemic as an excuse. We can see the harmful results of a lot of those changes now, as they now try to sell us on it being “normal” that it may take days in some places to count elections.

If that weren’t enough, be prepared for something else that has been bandied about as a “conspiracy theory” but may now be on the immediate horizon.

The Federal Reserve Bank of New York and several banking conglomerates are partnering on a 12-week “digital dollar” pilot program." And one of these banks is where I do business, says The Republican Daily.

They will “explore the feasibility of an interoperable network of central bank wholesale digital money and commercial bank digital money operating on a shared multi-entity distributed ledger.”

Read about it...

The potential dangers to our freedom from such a system are incalculable. This is something the new Republican majority needs to get out in front of and not allow it to be steamrolled into place. The liberals have done enough damage to our freedom.

2 comments:

Lynn Anderson said...

Great timing especially since that guy Sam Bankman-Fried just declared bankruptcy on FTX losing over $8 billion

Anonymous said...

I couldn't be happier about the fall of SBF. It's an indication of just how little people know, or care about money they didn't earn, but stole in from the public in the first place.

Jamie Dimon, the head of JP Morgan Chase, who was never on board with Crypto, said that Crypto Tokens are, decentralized Ponzis.