OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Gas Prices Hit $4 A Gallon In Every State For First Time
Fed Study on Digital Currency EmptyToday at 11:42 am by PurpleSkyz

» The Cryptocurrency Crash Is Great News For The Rest of The World. Here's Why
Fed Study on Digital Currency EmptyToday at 11:26 am by PurpleSkyz

» UFO hearing: 400 cases remain 'unidentified'
Fed Study on Digital Currency EmptyToday at 11:22 am by PurpleSkyz

» Nestle is airlifting baby formula to the US from the Netherlands and Switzerland
Fed Study on Digital Currency EmptyToday at 11:14 am by PurpleSkyz

» GASP!!!! ‘Good Morning America’ Admits Covid Booster Shots Can Cause AIDS
Fed Study on Digital Currency EmptyToday at 11:11 am by PurpleSkyz

» Thai govt gives away 1,000,000 cannabis plants, encourages citizens to grow NATURAL medicine
Fed Study on Digital Currency EmptyToday at 10:49 am by PurpleSkyz

» Good People Doing Good Things —
Fed Study on Digital Currency EmptyToday at 10:43 am by PurpleSkyz

» Statistical analysis shows that NOBODY under 60 should take the COVID vaccine
Fed Study on Digital Currency EmptyToday at 10:32 am by PurpleSkyz

» Covid Case/Hosp/Death Rates now highest among Triple Vaxxed in Canada
Fed Study on Digital Currency EmptyToday at 10:28 am by PurpleSkyz

» Deadly Immunity – Government Cover-up of a Mercury/Autism Scandal
Fed Study on Digital Currency EmptyToday at 10:19 am by PurpleSkyz

» Who made these circles in the Sahara?
Fed Study on Digital Currency EmptyYesterday at 11:55 am by PurpleSkyz

» Military Shows New UFO Videos to Congress
Fed Study on Digital Currency EmptyYesterday at 11:50 am by PurpleSkyz

» Why Human DNA Might Be The Product of Another Intelligence
Fed Study on Digital Currency EmptyYesterday at 10:41 am by PurpleSkyz

» 5G Health Effects Testimony to Mitchell South Dakota Council May 2022
Fed Study on Digital Currency EmptyYesterday at 10:30 am by PurpleSkyz

» The Ghostly Sounds of Auroras Can Be Heard, Even When They're Invisible
Fed Study on Digital Currency EmptyYesterday at 9:34 am by PurpleSkyz

» RFK, Jr. to Speak at May 19 ‘Humanity Against Censorship’ Rally
Fed Study on Digital Currency EmptyYesterday at 9:28 am by PurpleSkyz

» Biden Health Secretary Says He Knew About Baby Formula Crisis Last Year
Fed Study on Digital Currency EmptyYesterday at 9:15 am by PurpleSkyz

» Rheumatologist: 40% of my 3,000 vaxxed patients reported injury
Fed Study on Digital Currency EmptyYesterday at 9:10 am by PurpleSkyz

»  The Journey to #OceanStewardship - Natreve x Plastic Bank
Fed Study on Digital Currency EmptyYesterday at 1:04 am by PurpleSkyz

»  Baby formula factory Abbott and FDA reach agreement to restart production
Fed Study on Digital Currency EmptyYesterday at 12:56 am by PurpleSkyz

» Do you know someone who died between Mar and December 2020?
Fed Study on Digital Currency EmptyYesterday at 12:44 am by PurpleSkyz

» 2000 Felons and Zero Justice
Fed Study on Digital Currency EmptyMon May 16, 2022 9:33 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Fed Study on Digital Currency

Fed Study on Digital Currency

Go down  Message [Page 1 of 1]

1Fed Study on Digital Currency Empty Fed Study on Digital Currency Sat Jan 22, 2022 11:18 am

PurpleSkyz

PurpleSkyz
Admin

Fed Study on Digital Currency Bitcoin-2007769__480

Fed Study on Digital Currency
Published: January 21, 2022


 

Source: cryptogon


The real motivation for a state issued digital currency is the desire to link it to a social credit system. Look at China. If the U.S. does a digital dollar, and it becomes required, that would be the final nail in the coffin.
Via: ABC:
The Federal Reserve on Thursday released a highly anticipated report on central bank digital currencies that suggested it is leaning toward having banks and other financial firms, rather than the Fed itself, manage digital accounts for customers.
A central bank digital currency would differ in some key ways from the online and digital payments that millions of Americans already conduct. Those transactions are funneled through banks, which wouldn’t be necessary with a digital dollar.
The Fed’s paper stressed that no final decisions about a digital currency have been reached. But it suggested that a digital currency that “would best serve the needs” of the nation would follow an “intermediated model” under which banks or payment firms would create accounts or digital wallets.
The Fed characterized the potential introduction of a digital currency as a step that could have far-reaching consequences for banks and other financial firms as well as for the central bank itself.
“The introduction of a (central bank digital currency) would represent a highly significant innovation in American money,” the study said. The Fed said it “could fundamentally change the structure of the U.S. financial system, altering the roles and responsibilities of the private sector and the central bank.”


https://www.blacklistednews.com/article/81600/fed-study-on-digital.html
Thanks to: https://www.blacklistednews.com



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum