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The Fed may create a US digital currency and wants your input
protocol ^ | 1/20/2022 | Lindsey Choo

Posted on 01/21/2022 9:12:45 AM PST by EBH

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Money and Payments: The U.S. Dollar in the Age of Digital Transformation
1 posted on 01/21/2022 9:12:45 AM PST by EBH
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To: EBH

Kinesis.


2 posted on 01/21/2022 9:13:51 AM PST by FranklinsTower
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To: EBH

Nope.


3 posted on 01/21/2022 9:14:34 AM PST by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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To: EBH

Don’t unless it is physical and can’t be inflated.


4 posted on 01/21/2022 9:15:04 AM PST by Bayard
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To: EBH

HELL NO

Innovation In American Money = We Take It As WE Need It


5 posted on 01/21/2022 9:15:27 AM PST by Vaduz ( )
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To: EBH

there is no significantly good reason to change our currency. None. Anything they bring forward as a reason is not about better for you, or more freedom for everyone. Its really about them (the powers that be) having MORE control over you. Its about less freedom.


6 posted on 01/21/2022 9:15:56 AM PST by NicoDon
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To: EBH

What starts out as optional will become mandatory.


7 posted on 01/21/2022 9:17:39 AM PST by rightwingcrazy (;-,)
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To: EBH

Most people have no cash. The system is already digital.

Having an agency that can shut down an i dividual’s wallet on a whim is never a good idea.


8 posted on 01/21/2022 9:23:01 AM PST by Vermont Lt
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To: EBH

I’ve noticed an increase in youtube videos on how people were hacked or scammed out of their crypto currencies.

What protections can the Feds provide? And how do those compare to current bank guarantees on currency deposits?

Will they guarantee they will never require crypto instead of cash? And if they do guarantee it, how can we know they won’t change their minds?


9 posted on 01/21/2022 9:23:05 AM PST by DannyTN
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To: EBH

Other major countries are creating their own digital currency. The Fed will have to just to remain part of the global financial network.


10 posted on 01/21/2022 9:24:39 AM PST by DoodleDawg
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To: DannyTN
What protections can the Feds provide?

Not much, and for the very reason these cryptocurrencies are so popular. They aren't regulated by governmental agencies.

11 posted on 01/21/2022 9:26:39 AM PST by DoodleDawg
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To: NicoDon
there is no significantly good reason to change our currency. None.

It's a complement to existing currency and not a replacement.

12 posted on 01/21/2022 9:27:47 AM PST by DoodleDawg
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To: DoodleDawg; NicoDon

They are asking for comments at the link in the first comment.


13 posted on 01/21/2022 9:30:20 AM PST by EBH (Hold My Beer. 1776-2021 May God Save Us.)
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To: rightwingcrazy
rightwingcrazy :" What starts out as optional will become mandatory."

Exactly true !
"The camel's nose is already under the tent"

14 posted on 01/21/2022 9:30:33 AM PST by Tilted Irish Kilt
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To: EBH

Not the longest day I live


15 posted on 01/21/2022 9:30:38 AM PST by SMARTY (Republics decline into democracies & democracies degenerate into despotisms. Aristotle)
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To: EBH

Would require an amendment to the constitution. Which the commies keep hoping nobody will notice or care about.


16 posted on 01/21/2022 9:35:04 AM PST by curious7
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To: algore; aMorePerfectUnion; amorphous; Andyman; ARGLOCKGUY; abishai; BigpapaBo; battletank; ...

Crypto Ping List...


17 posted on 01/21/2022 9:39:32 AM PST by aMorePerfectUnion (Fraud vitiates everything ᡕᠵ᠊ᡃ࡚ࠢ࠘ ⸝່ࠡࠣ᠊߯᠆ࠣ࠘ᡁࠣ࠘᠊᠊ࠢ࠘𐡏⁻ )
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To: EBH
Why would anyone trust the creature form Jeckel Island.
18 posted on 01/21/2022 9:41:05 AM PST by mountainlion (Live well for those that did not make it back.)
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To: EBH

NO!


19 posted on 01/21/2022 9:42:16 AM PST by Jane Austen (Neo-cons are liberal Democrats who love illegal aliens and war.)
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To: DannyTN

20 posted on 01/21/2022 9:49:36 AM PST by ding_dong_daddy_from_dumas (Re-imagine the media!)
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