OP has to understand that CBDC has a significant advantage over the fiat money and that's how every government in the world will eventually adopt this proposition of slowly de-circulate the fiat money. But it's definitely not a win-win situation for all! because the end consumers like us will have significant disadvantages if all fiat are de-circulated. How would you earn black money? How would you not pay taxes? These are main questions from the end consumers and that's where the government is planning to hit hard!
So like it or not, CBDC will take over fiat in next few years. Not only US, but other countries with decent internet infrastructure will also opt for it. It will make money laundering impossible. It will make you pay your taxes on every income earned. It's a disadvantage because fiat still has a certain degree of anonymity which CBDC won't offer. Anything and everything will be visible to the government and any black money circulation can be quickly tracked. Any financial fraud will become next to impossible and even if it happens, the recovery will be quicker. Banks won't have to maintain an extensive ATM infrastructure. These are just few benefits to the government among others.
Topic: Digital Dollar:Software controlled money which expires ! Spend it or loose it! (Read 64 times)
March 16, 2022, 01:36:06 AM
March 16, 2022, 01:34:14 AM
This seems more like a conspiracy theory,rather than an actual theory.
The idea of creating money that have an expiry date is very interesting.This would definitely boost spending and savings in other assets (real estate,stocks,commodities,cryptocurrencies). Storing cash money would become pointless.However,I don't think that your conspiracy theory will become a reality.
Nothing threatens the US dollar right now.I know that the global fiat financial system is a giant bubble,but this bubble won't burst soon.Maybe after several decades,but not now.
It would be interesting,if someone creates an experimental altcoin,which has an expiry date,so the pump&dump traders would have to get rid of the altcoin,before the date of expiry.
The idea of creating money that have an expiry date is very interesting.This would definitely boost spending and savings in other assets (real estate,stocks,commodities,cryptocurrencies). Storing cash money would become pointless.However,I don't think that your conspiracy theory will become a reality.
Nothing threatens the US dollar right now.I know that the global fiat financial system is a giant bubble,but this bubble won't burst soon.Maybe after several decades,but not now.
It would be interesting,if someone creates an experimental altcoin,which has an expiry date,so the pump&dump traders would have to get rid of the altcoin,before the date of expiry.
March 16, 2022, 01:19:15 AM
In May, US President Biden intends to announce the transition from a cash dollar to a digital one? If this means the digitized dollar (CBDC), then it was previously written that the United States will be able to introduce it no earlier than 2025. So far there is no serious preparation in this direction. I don't think that the US will abandon the circulation of the cash dollar, even if it is a gradual and gradual process. Cash is the easiest and most reliable way to make small transactions and is sometimes the most affordable under certain circumstances. In addition, the situation on the financial market, in connection with Russia's military aggression against Ukraine, is changing very quickly. But May will come, let's listen to Biden, what he can offer new.
March 09, 2022, 09:15:03 PM
The United States of America went through three great shocks:
1. Creation of Federal Reserve
2. 1933 gold confiscation
3. Nixon ending gold/dollar convertability
Now the United States of America is planning a secret fourth shock:
4. The destruction of the dollar/cash and the introduction of a digital dollar !
(The fear is that this will give the goverment to much control over it's citizens)
(The 2022 Russia special military operation in Ukraine has lead to the rest of the world banning Russia from all kinds of systems, including banking systems, services, companies, etc. a major sign of things to come. Will Russia transition towards bitcoin ? Will other countries transition towards bitcoin ? Will there be a war between bitcoin and digital dollar ? Will there be a crack down on bitcoin ? Was the covid-19 pandemic a beta test to see how people would react to cashless systems and lock downs, restrictions, denied access, etc ?!)
The rumor is that on 20 may 2022 current USA president Biden will announce this on television, just like a USA President Nixon shocker !
Details:
Research Firm’s Past Prediction 1: DotCom Bust. In the March 2000 issue of International Speculator, Doug Casey wrote: “Will this be the first bubble in history that doesn’t bust? I think not. … I’m of the opinion that the world’s financial structure is a gigantic house of cards, and when the inevitable happens it’s going to be a catastrophe.” The Nasdaq reached a then-peak of 5,132 on March 10, 2010.
https://finance.yahoo.com/chart/%5EIXIC)
Nancy Pelosi’s Leaked Document: Refers to an early draft of the CARES act, which contained language for a digital dollar on page 314: https://apps.npr.org/documents/document.html?id=6817441-House-Democrats-Counterproposal-For-Stimulus
Senate Bill introduced by Sherrod Brown contains language to establish a digital Dollar: https://www.banking.senate.gov/imo/media/doc/SIL20449.pdf
Organizations that support digital currencies through Better than Cash Alliance includes U.N., Clinton Foundation, and IMF: https://www.betterthancash.org/about/members
Federal Reserve exploring digital Dollar: https://www.federalreserve.gov/newsevents/speech/brainard20200813a.htm
Headline: Fed Prepares to Launch Review of Possible Central Bank Digital Currency: https://www.wsj.com/articles/fed-prepares-to-launch-review-of-possible-central-bank-digital-currency-11633339800
Chase, Wells Fargo, Citigroup all have issued digital wallets in preparation for digital currencies:
https://www.citi.com/credit-cards/credit-card-rewards/digital-wallets-and-virtual-wallets
https://www.wellsfargo.com/mobile/payments/
https://www.chase.com/digital/digital-payments/additional-wallets
Starbucks, McDonalds and Whole Foods have each taken steps to ban cash to varying degrees
Visa patent: http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=/netahtml/PTO/srchnum.html&r=1&f=G&l=50&s1=20200151682.PGNR.
Three shocks referred to are creation of Federal Reserve, 1933 gold confiscation, and Nixon ending gold/dollar convertability
Claim: ‘$1.9 Trillion’ refers to number of paper US Dollars in circulation: https://www.federalreserve.gov/faqs/currency_12773.htm
Reference to Monday morning is Monday, March 23rd. Nancy Pelosi introduced the Cares Act with Digital Dollar language: https://news.bloomberglaw.com/banking-law/house-democrats-consider-digital-wallets-for-crisis-payments
Bill Gates Supports the End of Cash: Betterthancash.org is a project of the Bill and Melinda Gates Foundation. The organization’s goal is to replace cash with digital currencies worldwide.
Microsoft Patent: https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606
Companies using various ‘cashless’ policies:
https://www.pymnts.com/cash/2019/mcdonalds-kiosks-useless-millions-unbanked-united-states-households/
https://www.disneyfoodblog.com/2018/09/14/disney-worlds-animal-kingdom-lodge-has-gone-cashless-but-what-does-that-mean/
https://www.eater.com/2018/8/8/17664984/shake-shack-cashless-kiosks
https://www.seattletimes.com/business/starbucks/starbucks-will-reopen-85-percent-of-its-coffee-shops-but-with-new-protocols/
https://fortune.com/2020/04/27/whole-foods-cash-payments-restricted-some-stores/
https://www.eatthis.com/cashless-restaurants-coronavirus/
https://www.paymentssource.com/list/7-companies-that-dare-to-deny-cash
Bill Gates quote: https://www.economist.com/by-invitation/2020/04/23/bill-gates-on-how-to-fight-future-pandemics
Panic of 1907: https://en.wikipedia.org/wiki/Panic_of_1907
“Dangerous legislation’ refers to Federal Reserve Act of 1913: https://www.google.com/search?q=federal+reserve+act+of+1913&oq=federal+reserve+act+of&aqs=chrome.0.0j69i57j0l6.3725j0j4&sourceid=chrome&ie=UTF-8
Great Depresson “Employment in manufacturing declined to 67 percent of its 1929 level by 1933.”: https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/industry-effects-great-depression
96% of dollar value lost: https://www.politifact.com/factchecks/2010/nov/24/virginia-tea-party-patriots/virginia-tea-party-says-dollar-has-lost-98-percent/
Gold confiscation refers to Emergency Banking Act of 1933 and Executive Order 6102:
https://www.federalreservehistory.org/essays/emergency_banking_act_of_1933
https://www.presidency.ucsb.edu/documents/executive-order-6102-requiring-gold-coin-gold-bullion-and-gold-certificates-be-delivered
$30 million in wealth: https://auctions.stacksbowers.com/lots/view/3- 6TDFN/1933-saint-gaudens-double-eagle
The 3rd Shock refers to the Nixon Shock, address given August 15, 1971: https://www.youtube.com/watch?v=7_Xw5tWsOQo
https://www.thedrive.com/news/9942/check-out-this-cool-infographic-of-ford-f-150-prices-over-the-years Truck prices here. – Spreadsheet: Real Price of Wheels
https://www.infoplease.com/business-finance/poverty-and-income/capita-personal-income Assume 2,080 working hours in a year:
https://www.google.com/search?q=how+many+working+hours+in+a+year&oq=how+many+working+hours&aqs=chrome.0.0j69i57j0l6.3365j0j4&sourceid=chrome&ie=UTF-8
Hours to afford a mortgage in each city: https://www.forbes.com/sites/amydobson/2018/10/30/how-many-hours-you-need-to-work-a-month-to-afford-a-mortgage-in-each-city/?sh=e4b613a42857
A Digital Nixon Shock? https://www.project-syndicate.org/commentary/digital-money-alternatives-to-dollar-by-harold-james-2021-07
1971 References: https://wtfhappenedin1971.com/
Claim: 7-year auto loan: https://www.wsj.com/articles/the-seven-year-auto-loan-americas-middle-class-cant-afford-their-cars-11569941215
Early draft of CARES Act: https://apps.npr.org/documents/document.html?id=6817441-House-Democrats-Counterproposal-For-Stimulus
Senate Bill: Sherrod Brown introduced a bill in the Senate in March, 2019 that introduced a Digital Dollar: https://www.banking.senate.gov/imo/media/doc/SIL20449.pdf
Microsoft Patent 060606: https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606
Visa patent: http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=/netahtml/PTO/srchnum.html&r=1&f=G&l=50&s1=20200151682.PGNR.
Bill Gates Pledge: https://givingpledge.org/About.aspx
The Better Than Cash Alliance:
https://www.betterthancash.org/about/purpose
List of BTC Alliance members can be found on ‘members’ link
ID2020: https://www.biometricupdate.com/201909/id2020-and-partners-launch-program-to-provide-digital-id-with-vaccines
Digital Dollar Control Over Population: https://www.coindesk.com/digital-dollars-will-give-the-state-too-much-control-over-money
China Social Credit Score: https://www.businessinsider.com/china-social-credit-system-punishments-and-rewards-explained-2018-4
Introducing the ‘Great Reset,’ World Leaders’ Radical Plan to Transform the Economy: https://thehill.com/opinion/energy-environment/504499-introducing-the-great-reset-world-leaders-radical-plan-to
Fed’s Lael Brainard Pushes Digital Dollar as Central Bank Currency Race Heats Up: https://www.cnbc.com/2021/05/24/feds-lael-brainard-pushes-digital-dollar-as-central-bank-currency-race-heats-up.html
https://www.opensecrets.org/members-of-congress/don-beyer/expenditures?cid=N00036018&cycle=2016&type=I
“Notwithstanding any other provision of law, the Board of Governors of the Federal Reserve System is authorized to issue digital versions of Federal reserve notes in addition to current physical Federal reserve notes.”: https://www.congress.gov/bill/117th-congress/house-bill/4741/text
Ron Paul Quote: https://internationalman.com/articles/the-war-on-cash-transparently-totalitarian/
Dual threat here: savings in cash could expire: https://www.thelocal.se/20160629/use-it-or-lose-it-swedish-bank-notes-expire-this-week/ -or- banks could take interest rates negative, and depositors would lose on every dollar in the bank: https://www.marketwatch.com/story/how-negative-interest-rates-take-money-out-of-your-pocket-2016-04-12
Cyprus Central Bank Announces 47.5 Percent Haircut: https://www.reuters.com/article/cyprus-bankofcyprus/cyprus-central-bank-announces-47-5-percent-haircut-on-large-bank-of-cyprus-deposits-idUSL6N0G033120130730
Chase accused of purging accounts of conservatives: https://nypost.com/2019/05/25/jpmorgan-chase-accused-of-purging-accounts-of-conservative-activists/
Expiring currency technlogy: https://bfsi.economictimes.indiatimes.com/news/policy/digital-currency-yuan-comes-with-an-expiry-date-spend-or-it-will-vanish/82059471
FinTech: https://www.thewealthadvisor.com/article/fintech-killing-banks-23-trillion-opportunity-ahead
Biden Bank Regulator Nominee Reveals Her Plan to Radically Transform US Economy: https://thehill.com/opinion/finance/578153-biden-bank-regulator-nominee-reveals-her-plan-to-radically-transform-us?rl=1
Biden’s Task: Overhaul the Economy, as Fast as Possible: https://www.nytimes.com/2021/03/24/business/biden-economy-infrastructure.html
Biden Pitches ‘Historic’ Spending Plan to Transform America: https://www.barrons.com/news/biden-announces-1-75-trillion-us-spending-deal-ahead-of-europe-trip-01635426608
Investors Can’t Get Enough of Fintech. Here’s Why: https://www.netsuite.com/portal/business-benchmark-brainyard/industries/articles/entrepreneur/fintech-investors.shtml
Fintech Mark Reports Rapid Growth During Covid-19 Pandemic: https://www.worldbank.org/en/news/press-release/2020/12/03/fintech-market-reports-rapid-growth-during-covid-19-pandemic
Fintech will lead the charge in the post-COVID-19 recovery: https://www.fintechmagazine.com/financial-services-finserv/fintech-will-lead-charge-post-covid-19-recovery
2 Out of 3 Americans say they would take a pay cut to work remotely full time: https://www.businessinsider.com/65-percent-americans-take-pay-cuts-work-remotely-full-time-2021-8
Why are Corporations Moving to Texas and Florida? https://www.ny-engineers.com/blog/why-are-corporations-moving-to-texas-and-florida
February 28, 2022 date of action refers to report from Bloomberg that Biden administration will issue executive order in February with language about Central Bank Digital Currency: https://www.bloomberg.com/news/articles/2022-01-21/white-house-is-set-to-put-itself-at-center-of-u-s-crypto-policy?sref=qpwbmgSU
May 20, 2022 date refers to end of comment period for Federal Reserve/CBDC white paper: https://www.bloomberg.com/news/articles/2022-01-21/white-house-is-set-to-put-itself-at-center-of-u-s-crypto-policy?sref=qpwbmgSU
Feedback ends 20 may 2022:
https://www.bloomberg.com/crypto?sref=qpwbmgSU
Here is the latest:
https://www.bloomberg.com/news/articles/2022-03-09/biden-pushes-for-more-coordinated-approach-to-crypto-oversight?srnd=cryptocurrencies-v2
Software controlled money which expires ! spend it or loose !
Some of this is already happening:
Negative interest rates on bank accounts !
Taxes on imaginery profits on bank accounts !
Disappearing 500 euro bills, will they come back because of inflation ?
Disappearing ATM machines.
Disappearing banking facilities.
1. Creation of Federal Reserve
2. 1933 gold confiscation
3. Nixon ending gold/dollar convertability
Now the United States of America is planning a secret fourth shock:
4. The destruction of the dollar/cash and the introduction of a digital dollar !
(The fear is that this will give the goverment to much control over it's citizens)
(The 2022 Russia special military operation in Ukraine has lead to the rest of the world banning Russia from all kinds of systems, including banking systems, services, companies, etc. a major sign of things to come. Will Russia transition towards bitcoin ? Will other countries transition towards bitcoin ? Will there be a war between bitcoin and digital dollar ? Will there be a crack down on bitcoin ? Was the covid-19 pandemic a beta test to see how people would react to cashless systems and lock downs, restrictions, denied access, etc ?!)
The rumor is that on 20 may 2022 current USA president Biden will announce this on television, just like a USA President Nixon shocker !
Details:
Research Firm’s Past Prediction 1: DotCom Bust. In the March 2000 issue of International Speculator, Doug Casey wrote: “Will this be the first bubble in history that doesn’t bust? I think not. … I’m of the opinion that the world’s financial structure is a gigantic house of cards, and when the inevitable happens it’s going to be a catastrophe.” The Nasdaq reached a then-peak of 5,132 on March 10, 2010.
https://finance.yahoo.com/chart/%5EIXIC)Nancy Pelosi’s Leaked Document: Refers to an early draft of the CARES act, which contained language for a digital dollar on page 314: https://apps.npr.org/documents/document.html?id=6817441-House-Democrats-Counterproposal-For-Stimulus
Senate Bill introduced by Sherrod Brown contains language to establish a digital Dollar: https://www.banking.senate.gov/imo/media/doc/SIL20449.pdf
Organizations that support digital currencies through Better than Cash Alliance includes U.N., Clinton Foundation, and IMF: https://www.betterthancash.org/about/members
Federal Reserve exploring digital Dollar: https://www.federalreserve.gov/newsevents/speech/brainard20200813a.htm
Headline: Fed Prepares to Launch Review of Possible Central Bank Digital Currency: https://www.wsj.com/articles/fed-prepares-to-launch-review-of-possible-central-bank-digital-currency-11633339800
Chase, Wells Fargo, Citigroup all have issued digital wallets in preparation for digital currencies:
https://www.citi.com/credit-cards/credit-card-rewards/digital-wallets-and-virtual-wallets
https://www.wellsfargo.com/mobile/payments/
https://www.chase.com/digital/digital-payments/additional-wallets
Starbucks, McDonalds and Whole Foods have each taken steps to ban cash to varying degrees
Visa patent: http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=/netahtml/PTO/srchnum.html&r=1&f=G&l=50&s1=20200151682.PGNR.
Three shocks referred to are creation of Federal Reserve, 1933 gold confiscation, and Nixon ending gold/dollar convertability
Claim: ‘$1.9 Trillion’ refers to number of paper US Dollars in circulation: https://www.federalreserve.gov/faqs/currency_12773.htm
Reference to Monday morning is Monday, March 23rd. Nancy Pelosi introduced the Cares Act with Digital Dollar language: https://news.bloomberglaw.com/banking-law/house-democrats-consider-digital-wallets-for-crisis-payments
Bill Gates Supports the End of Cash: Betterthancash.org is a project of the Bill and Melinda Gates Foundation. The organization’s goal is to replace cash with digital currencies worldwide.
Microsoft Patent: https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606
Companies using various ‘cashless’ policies:
https://www.pymnts.com/cash/2019/mcdonalds-kiosks-useless-millions-unbanked-united-states-households/
https://www.disneyfoodblog.com/2018/09/14/disney-worlds-animal-kingdom-lodge-has-gone-cashless-but-what-does-that-mean/
https://www.eater.com/2018/8/8/17664984/shake-shack-cashless-kiosks
https://www.seattletimes.com/business/starbucks/starbucks-will-reopen-85-percent-of-its-coffee-shops-but-with-new-protocols/
https://fortune.com/2020/04/27/whole-foods-cash-payments-restricted-some-stores/
https://www.eatthis.com/cashless-restaurants-coronavirus/
https://www.paymentssource.com/list/7-companies-that-dare-to-deny-cash
Bill Gates quote: https://www.economist.com/by-invitation/2020/04/23/bill-gates-on-how-to-fight-future-pandemics
Panic of 1907: https://en.wikipedia.org/wiki/Panic_of_1907
“Dangerous legislation’ refers to Federal Reserve Act of 1913: https://www.google.com/search?q=federal+reserve+act+of+1913&oq=federal+reserve+act+of&aqs=chrome.0.0j69i57j0l6.3725j0j4&sourceid=chrome&ie=UTF-8
Great Depresson “Employment in manufacturing declined to 67 percent of its 1929 level by 1933.”: https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/industry-effects-great-depression
96% of dollar value lost: https://www.politifact.com/factchecks/2010/nov/24/virginia-tea-party-patriots/virginia-tea-party-says-dollar-has-lost-98-percent/
Gold confiscation refers to Emergency Banking Act of 1933 and Executive Order 6102:
https://www.federalreservehistory.org/essays/emergency_banking_act_of_1933
https://www.presidency.ucsb.edu/documents/executive-order-6102-requiring-gold-coin-gold-bullion-and-gold-certificates-be-delivered
$30 million in wealth: https://auctions.stacksbowers.com/lots/view/3- 6TDFN/1933-saint-gaudens-double-eagle
The 3rd Shock refers to the Nixon Shock, address given August 15, 1971: https://www.youtube.com/watch?v=7_Xw5tWsOQo
https://www.thedrive.com/news/9942/check-out-this-cool-infographic-of-ford-f-150-prices-over-the-years Truck prices here. – Spreadsheet: Real Price of Wheels
https://www.infoplease.com/business-finance/poverty-and-income/capita-personal-income Assume 2,080 working hours in a year:
https://www.google.com/search?q=how+many+working+hours+in+a+year&oq=how+many+working+hours&aqs=chrome.0.0j69i57j0l6.3365j0j4&sourceid=chrome&ie=UTF-8
Hours to afford a mortgage in each city: https://www.forbes.com/sites/amydobson/2018/10/30/how-many-hours-you-need-to-work-a-month-to-afford-a-mortgage-in-each-city/?sh=e4b613a42857
A Digital Nixon Shock? https://www.project-syndicate.org/commentary/digital-money-alternatives-to-dollar-by-harold-james-2021-07
1971 References: https://wtfhappenedin1971.com/
Claim: 7-year auto loan: https://www.wsj.com/articles/the-seven-year-auto-loan-americas-middle-class-cant-afford-their-cars-11569941215
Early draft of CARES Act: https://apps.npr.org/documents/document.html?id=6817441-House-Democrats-Counterproposal-For-Stimulus
Senate Bill: Sherrod Brown introduced a bill in the Senate in March, 2019 that introduced a Digital Dollar: https://www.banking.senate.gov/imo/media/doc/SIL20449.pdf
Microsoft Patent 060606: https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606
Visa patent: http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=/netahtml/PTO/srchnum.html&r=1&f=G&l=50&s1=20200151682.PGNR.
Bill Gates Pledge: https://givingpledge.org/About.aspx
The Better Than Cash Alliance:
https://www.betterthancash.org/about/purpose
List of BTC Alliance members can be found on ‘members’ link
ID2020: https://www.biometricupdate.com/201909/id2020-and-partners-launch-program-to-provide-digital-id-with-vaccines
Digital Dollar Control Over Population: https://www.coindesk.com/digital-dollars-will-give-the-state-too-much-control-over-money
China Social Credit Score: https://www.businessinsider.com/china-social-credit-system-punishments-and-rewards-explained-2018-4
Introducing the ‘Great Reset,’ World Leaders’ Radical Plan to Transform the Economy: https://thehill.com/opinion/energy-environment/504499-introducing-the-great-reset-world-leaders-radical-plan-to
Fed’s Lael Brainard Pushes Digital Dollar as Central Bank Currency Race Heats Up: https://www.cnbc.com/2021/05/24/feds-lael-brainard-pushes-digital-dollar-as-central-bank-currency-race-heats-up.html
https://www.opensecrets.org/members-of-congress/don-beyer/expenditures?cid=N00036018&cycle=2016&type=I
“Notwithstanding any other provision of law, the Board of Governors of the Federal Reserve System is authorized to issue digital versions of Federal reserve notes in addition to current physical Federal reserve notes.”: https://www.congress.gov/bill/117th-congress/house-bill/4741/text
Ron Paul Quote: https://internationalman.com/articles/the-war-on-cash-transparently-totalitarian/
Dual threat here: savings in cash could expire: https://www.thelocal.se/20160629/use-it-or-lose-it-swedish-bank-notes-expire-this-week/ -or- banks could take interest rates negative, and depositors would lose on every dollar in the bank: https://www.marketwatch.com/story/how-negative-interest-rates-take-money-out-of-your-pocket-2016-04-12
Cyprus Central Bank Announces 47.5 Percent Haircut: https://www.reuters.com/article/cyprus-bankofcyprus/cyprus-central-bank-announces-47-5-percent-haircut-on-large-bank-of-cyprus-deposits-idUSL6N0G033120130730
Chase accused of purging accounts of conservatives: https://nypost.com/2019/05/25/jpmorgan-chase-accused-of-purging-accounts-of-conservative-activists/
Expiring currency technlogy: https://bfsi.economictimes.indiatimes.com/news/policy/digital-currency-yuan-comes-with-an-expiry-date-spend-or-it-will-vanish/82059471
FinTech: https://www.thewealthadvisor.com/article/fintech-killing-banks-23-trillion-opportunity-ahead
Biden Bank Regulator Nominee Reveals Her Plan to Radically Transform US Economy: https://thehill.com/opinion/finance/578153-biden-bank-regulator-nominee-reveals-her-plan-to-radically-transform-us?rl=1
Biden’s Task: Overhaul the Economy, as Fast as Possible: https://www.nytimes.com/2021/03/24/business/biden-economy-infrastructure.html
Biden Pitches ‘Historic’ Spending Plan to Transform America: https://www.barrons.com/news/biden-announces-1-75-trillion-us-spending-deal-ahead-of-europe-trip-01635426608
Investors Can’t Get Enough of Fintech. Here’s Why: https://www.netsuite.com/portal/business-benchmark-brainyard/industries/articles/entrepreneur/fintech-investors.shtml
Fintech Mark Reports Rapid Growth During Covid-19 Pandemic: https://www.worldbank.org/en/news/press-release/2020/12/03/fintech-market-reports-rapid-growth-during-covid-19-pandemic
Fintech will lead the charge in the post-COVID-19 recovery: https://www.fintechmagazine.com/financial-services-finserv/fintech-will-lead-charge-post-covid-19-recovery
2 Out of 3 Americans say they would take a pay cut to work remotely full time: https://www.businessinsider.com/65-percent-americans-take-pay-cuts-work-remotely-full-time-2021-8
Why are Corporations Moving to Texas and Florida? https://www.ny-engineers.com/blog/why-are-corporations-moving-to-texas-and-florida
February 28, 2022 date of action refers to report from Bloomberg that Biden administration will issue executive order in February with language about Central Bank Digital Currency: https://www.bloomberg.com/news/articles/2022-01-21/white-house-is-set-to-put-itself-at-center-of-u-s-crypto-policy?sref=qpwbmgSU
May 20, 2022 date refers to end of comment period for Federal Reserve/CBDC white paper: https://www.bloomberg.com/news/articles/2022-01-21/white-house-is-set-to-put-itself-at-center-of-u-s-crypto-policy?sref=qpwbmgSU
Feedback ends 20 may 2022:
https://www.bloomberg.com/crypto?sref=qpwbmgSU
Here is the latest:
https://www.bloomberg.com/news/articles/2022-03-09/biden-pushes-for-more-coordinated-approach-to-crypto-oversight?srnd=cryptocurrencies-v2
Software controlled money which expires ! spend it or loose !
Some of this is already happening:
Negative interest rates on bank accounts !
Taxes on imaginery profits on bank accounts !
Disappearing 500 euro bills, will they come back because of inflation ?
Disappearing ATM machines.
Disappearing banking facilities.
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