When it goes full on 'digital' only they will not transfer any credit (present accounts) to the new system. It is one step from a 'chip under the skin that is also a transmitter. Just like your cellphones the towers will locate you at all times. Civil War II AND WWIII will be this year. Now you see why so many illegals of young men fighting age from around the dial have been brought in. They do not need 'votes' that too has been a SCAM like the Wall St Sheet Shows.
Land.. owner financing if you can't pay all at once.. I've done it many times.. holler if you want to know which companies do owner financing . No banks, no credit cks.. 😀
I get it but more debt is NOT a good thing in uncertain times. Besides I tend not to buy into a rising market. Thanks for commenting. Stay well and best wishes.
Yep. Gammon talks about this all the time... how would we know if we were on a CBDC? We already transact almost exclusively digitally... more and more cash is being made less and less convenient... this is all inevitable.
Cash is still legal tender in the US. Many business refuse to take it, They have to or just don't pay them, say take it or leave it. Actually the same with $50 and $100"s. If it's posted no big bills don't eat there> Ed
The dollar is dying and eventually you will be given a grace period to turn it in, unless your going to use it as toilet paper. after that it will be even more worthless than it is now.
Nope.. states govern their own.. research it.. if a state wants to keep cash flowing they can.. also about 5 states, Utah, Nevada, new hamp etc already have gold backed dollars.. I bought Utah's and Nevada so far.. research it.. 😀
And yet many countries are currently in the process of rolling out their versions of CBDC s . It will be interesting to see how similar they are as perhaps one entity is behind all?
Likely China and Russia and some speculate their currency will be backed by gold as both countries are stockpiling it which would make USD look much less attractive.
There is something like this but I think it's in an infancy state. People should diversify their holdings while they have a chance. If it can be printed it can be voided. These gold backs have real gold embedded in them. Of course they are worth more than face value. Here is information on the project. https://www.goldback.com/
Everyone understands that despite the declarations of Trump or some other demagogue politician, the Fed will do everything to impose its digital dollar. Sooner or later, it's already done. The Fed will never leave China alone in this area of CBDCs. Surveillance will be even stronger!
Yes it's already here however they need to tweak it more adding high surveillance to the CBDC so they can restrict or limit purchases of items we purchase like meat for example since it's so bad for the environment they say or taxing for carbon emissions. This was a topic of this years WEF meeting as well as regaining trust. They got some deserved pushback though where a few said to them they were the problem from CEO of The Heritage Foundation as well as the Argentina President. Doubt they will be invited to speak in the future.
TPTB will likely offer a 3 month grace period to surrender your physical Federal Reserve Notes in exchange for CBDC digital credits at a specified exchange rate.
Yes.. exact premise of Webb's boo "The Great Taking" Check out Greg Hunter on USAWATCHDOG who just posted an amazing interview!! He reveals that this is the Bolshevik system and the Central Bankers are the Bolshevik regime- literally
Fun Fact: According to the US Secret Service, it is estimated that more than 50% of all genuine Federal Reserve Notes (FRN’s) are in circulation outside of the USA and its territories.
So being these are NOT physical dollars or marks etc. and they are digital, they can just....pooof, disappear. Will that be used to reduce inflation or would the CB's be constrained by some bookkeeping rules? Have to wonder what kind of weird rabbit the FED magicians will pull from their hat, or I should say, toolbox. It's been done in the past, operation twist, qe1, qe2, .......
printed/existing in physical form currency is just $2.26 Trillion dollars ... That's probably a drop in the bucket compared to the black market trade ... so what is being used on the black market for 'trading' ? Crypto?
When you show or tell people this, do you get that glazed over look from them like you just spoke a foreign language to them ??? They can't grasp the VooDoo that has been played on them for decades,...........................UNTIL it goes......................." POOF " all gone !!!!
When it goes full on 'digital' only they will not transfer any credit (present accounts) to the new system. It is one step from a 'chip under the skin that is also a transmitter. Just like your cellphones the towers will locate you at all times. Civil War II AND WWIII will be this year. Now you see why so many illegals of young men fighting age from around the dial have been brought in. They do not need 'votes' that too has been a SCAM like the Wall St Sheet Shows.
unlikely "this year".
Love you comment Nicholas:)
The Chinese system is the role model and they just use your phone as a tracker. So most people are already set for whats coming.
Bingo +100.
What should I do with all the cash I have laying around....? BUY SILVER !!!!
Land.. owner financing if you can't pay all at once.. I've done it many times.. holler if you want to know which companies do owner financing . No banks, no credit cks.. 😀
I get it but more debt is NOT a good thing in uncertain times. Besides I tend not to buy into a rising market. Thanks for commenting. Stay well and best wishes.
Which companies offer owner financing?
Landmodo.Com for starters.. I was just looking at the site.. they are also on you tube😀
Fill us in, Linda!
What do you want to know Pug?
Yep. Gammon talks about this all the time... how would we know if we were on a CBDC? We already transact almost exclusively digitally... more and more cash is being made less and less convenient... this is all inevitable.
I pull out all my cash.. in Florida S. B. 106. Cash is Not allowed to be rejected by ANY business or they'll be fined ✔️
Yep!! One reason I moved to Florida!! I also pull whatever cash I have in the bank outside of whatever I need to pay monthly expenses.
exactly.....we still have untraceable cash!!........ thats the difference with cbdc system
Cash is still legal tender in the US. Many business refuse to take it, They have to or just don't pay them, say take it or leave it. Actually the same with $50 and $100"s. If it's posted no big bills don't eat there> Ed
question is......when cbdc is in,,.....what will form the untraceable currancy outside their system ??
The dollar is dying and eventually you will be given a grace period to turn it in, unless your going to use it as toilet paper. after that it will be even more worthless than it is now.
Nope.. states govern their own.. research it.. if a state wants to keep cash flowing they can.. also about 5 states, Utah, Nevada, new hamp etc already have gold backed dollars.. I bought Utah's and Nevada so far.. research it.. 😀
can you share more info/ links ??
As of now
And yet many countries are currently in the process of rolling out their versions of CBDC s . It will be interesting to see how similar they are as perhaps one entity is behind all?
Likely China and Russia and some speculate their currency will be backed by gold as both countries are stockpiling it which would make USD look much less attractive.
I think it would be great if small businesses in the USA would embrace a gold back BRICS currency as a giant “F- You” to the Federal Reserve.
There is something like this but I think it's in an infancy state. People should diversify their holdings while they have a chance. If it can be printed it can be voided. These gold backs have real gold embedded in them. Of course they are worth more than face value. Here is information on the project. https://www.goldback.com/
Problem is you don't get a lot of gold or silver in the gold backs. as long as the business or states take them so be it. Ed
Everyone understands that despite the declarations of Trump or some other demagogue politician, the Fed will do everything to impose its digital dollar. Sooner or later, it's already done. The Fed will never leave China alone in this area of CBDCs. Surveillance will be even stronger!
Yes it's already here however they need to tweak it more adding high surveillance to the CBDC so they can restrict or limit purchases of items we purchase like meat for example since it's so bad for the environment they say or taxing for carbon emissions. This was a topic of this years WEF meeting as well as regaining trust. They got some deserved pushback though where a few said to them they were the problem from CEO of The Heritage Foundation as well as the Argentina President. Doubt they will be invited to speak in the future.
if we all go digital like the CCP will that physical money be worthless?
A black market parallel economy will emerge, stack barterables.
and bullets.
TPTB will likely offer a 3 month grace period to surrender your physical Federal Reserve Notes in exchange for CBDC digital credits at a specified exchange rate.
100% correct
Yes.. exact premise of Webb's boo "The Great Taking" Check out Greg Hunter on USAWATCHDOG who just posted an amazing interview!! He reveals that this is the Bolshevik system and the Central Bankers are the Bolshevik regime- literally
Fun Fact: According to the US Secret Service, it is estimated that more than 50% of all genuine Federal Reserve Notes (FRN’s) are in circulation outside of the USA and its territories.
Has been this way since the credit card and debit card. Gubmint tracking.
#FairyDust
#Poof
You are now the Borg. Resistance is futile.
So being these are NOT physical dollars or marks etc. and they are digital, they can just....pooof, disappear. Will that be used to reduce inflation or would the CB's be constrained by some bookkeeping rules? Have to wonder what kind of weird rabbit the FED magicians will pull from their hat, or I should say, toolbox. It's been done in the past, operation twist, qe1, qe2, .......
for sure
printed/existing in physical form currency is just $2.26 Trillion dollars ... That's probably a drop in the bucket compared to the black market trade ... so what is being used on the black market for 'trading' ? Crypto?
When you show or tell people this, do you get that glazed over look from them like you just spoke a foreign language to them ??? They can't grasp the VooDoo that has been played on them for decades,...........................UNTIL it goes......................." POOF " all gone !!!!