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Topic: What stops a Federal Reserve crypto scheme of their own? - page 3. (Read 3112 times)

hero member
Activity: 854
Merit: 500
Nope..
And thank you all for your input.
hero member
Activity: 854
Merit: 500
Nope..
Just FYI, my source is weak, but the jest is they are doing this very thing.  1BTC = 1USD.  Ask your local congressional reps and state reps to inquire.  
sr. member
Activity: 274
Merit: 250
Please discuss.  I mentioned it in another thread and felt compelled to raise a new topic.

Nothing. It all boils down to trust in the end. Let's see what rules they apply to the crypto and then we'll have an idea of the worth. The more free, the more fungible, the more valuable. However, coming from a 3rd party known to have issues, it may lessen its value. Just depends on how initial distributions work.

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
They did such a great job with the dollar, I'm sure the world will welcome it with open wallets... not.
sr. member
Activity: 434
Merit: 250
people not wanting it, because it's controlled on the federal level?

They are a private corporation that influences money policy in US.  No government reach whatsoever.

they are a private corporation but also tethered to government. they are subject to oversight by U.S. congress.
hero member
Activity: 854
Merit: 500
Nope..
people not wanting it, because it's controlled on the federal level?

They are a private corporation that influences money policy in US.  No government reach whatsoever.
sr. member
Activity: 434
Merit: 250
people not wanting it, because it's controlled on the federal level?
hero member
Activity: 854
Merit: 500
Nope..
Please discuss.  I mentioned it in another thread and felt compelled to raise a new topic.

Just a little heads up, folks.  They are not subject to FOIA like a government agency.  But they have all government agencies at their disposal.  So, why hasn't anyone pointed out the obvious.  The medium they choose can be theirs, BTC, alt, or Doge (for the love of dogs everywhere).  This is brewing as we speak.
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