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1 posted on 05/24/2021 7:22:22 AM PDT by PPSman
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To: PPSman
Need to see Peter Schiff's video on the flaws of crypto currency.

There is NO intrinsic value.

2 posted on 05/24/2021 7:26:55 AM PDT by G Larry (Force the Universities to use their TAX FREE ENDOWMENTS to pay off Student loan debt!!!)
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To: PPSman

I, for one, am all-in. Because I would love to be involved with something that is created by the Fed, tracked by Fed, and easily-cancelled by the Fed.


3 posted on 05/24/2021 7:28:18 AM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: PPSman

Very rarely do our overlords ban things that are threatening them. Far more often they take over them and use them as a new source of control.

We’ve seen that pattern with the Internet and I fear crypto will go the same way.


4 posted on 05/24/2021 7:29:09 AM PDT by Renfrew
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To: PPSman

Why not have Dominion do it?


8 posted on 05/24/2021 7:37:38 AM PDT by AU72
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To: PPSman

Given that at least half of the student body...and faculty...at MIT are citizens of Red China this might not be a good idea.


10 posted on 05/24/2021 7:42:45 AM PDT by Gay State Conservative (Trump: "They're After You. I'm Just In The Way")
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To: PPSman

America already has marxist central planning in the most important commodity of all - money.


11 posted on 05/24/2021 7:43:19 AM PDT by PGR88
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To: PPSman

Cash is still king, DO NOT ever give it up.


15 posted on 05/24/2021 8:00:24 AM PDT by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents)(Know Islam, No Peace - No Islam, Know Peace)
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To: PPSman

CENTRALIZED crypto is the polar opposite of everything being pushed today.

decentralized crypto is more akin to gold

centralized crypto is just another fiat currency with full tracking


16 posted on 05/24/2021 8:03:57 AM PDT by sten (fighting tyranny never goes out of style )
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To: PPSman

Blah,blah,blah. The Federal Reserve is bankrupt who cares what they are planning. Its all kabuki theater.


19 posted on 05/24/2021 8:20:28 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: PPSman

And just by coincidence massive banks are buying bitcoins while ‘they’ are driving down the cost.


20 posted on 05/24/2021 8:37:26 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: PPSman

“Federal Reserve to Partner With MIT in Testing a Central Bank Digital Currency”

we already have a digital currency: it’s called the “dollar” ...


23 posted on 05/24/2021 9:06:18 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: PPSman

This makes no sense in that the existing currency can already be used as a digital currency. It happens every day.

OH but if they could completely do away with cash. Then we would have that cashless society that officials long for. Complete control. I think that is what this is really about.


26 posted on 05/24/2021 10:42:59 AM PDT by Revel
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To: PPSman

FIAT COIN


28 posted on 05/24/2021 5:45:28 PM PDT by Bobalu (When I die I want to be buried in Chicago so I can stay active in politics)
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