Posted on 07/20/2023 8:51:27 AM PDT by devane617
“Just got 3500 in a zelle payment.”
Most banks have lower limits. $3500 is the largest I have seen. Our credit union is $2000.
Nowhere near the proposed .
“That’s a problem because...?”
Because your country has declared you an outlaw. That’s why.
Let’s hope they hired some Russian teenagers to test it and try to hack it.
A precursor to CBDC, coming all too soon.
Current Florida Governor and GOP presidential hopeful Ron DeSantis continued his campaign against central bank digital currencies (CBDCs), vowing a ban if he were elected president.
“Done, dead, not happening in this country,” said DeSantis at the Family Leadership Summit in Iowa last Friday. “If I am the president, on day one, we will nix central bank digital currency.”
DeSantis has been an outspoken critic of CDBDs for allowing “government-sanctioned surveillance,” and in March signed a bill to prohibit the use of a national CBDC as money within Florida.
As for the broader subject of crypto, he’s been far more supportive, previously calling its use a question of civil liberty and describing bitcoin (BTC) as a “threat to the current regime.”
Central bank digital currencies, which are a tokenized form of a country’s fiat currency issued by the government, are becoming a growing wedge between political sides in the U.S., with the GOP, broadly speaking, not in favor, and the Democrats so far mostly silent on the subject.
CBDC is the next step to taking our money away. If we try to purchase “something” they don’t approve of, payment can be denied. And our money can be disappeared completely. Then we follow into nothingness. It’s coming, sooner than we can imagine...
I will end up in the woods eating mice…
China’s been using it for social control, for 8+ years, and the EU is slowly converting to it, country-by-country. DeSantis’ statement will be neutralized if it’s passed, and the whole Nation is forced to go that way. FL will be bankrupt in seconds, or less.
Banks have already been doing this for years. There is no need for another middleman.
A plan to save all those illegals Western Union fees, and make it easier for the Chicoms, Russkies, Iranians, Cubans, et al to fund their agents here.
Getting us ready for digital currency and control of our money.
Instant debiting.
Businesses (lobbied) right out of bank accounts whenever they want it..auto-debit Vs. consumers sending by check whenever we want to.
Contested withdraws?... delayed or credited on next auto-debit where consumer must wait.
PR: “For your convenience, _____ _____, will commence using FedNow for all payments beginning ____”
Imagine trying to trace a problem!
To track our money... and take the first step toward a Central Bank Digital Currency.
The Fed is really selling this new system, too. Big Brother says our money will be transferred and available "instantly" now.
In our dystopian future, will the Fed remove the money instantly, too, if we happen to have the "wrong" ideas?
Speed and cost.
CONTROL of YOUR transactions.
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