Biden administration moves closer to creating a digital dollar
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar.
This is one of those things we should overthrow the government for trying.
"I want a 'currency' that the government can shut off with the press of a button" - Said nobody in their right mind, ever
Trudeau shut down bank accounts of people with Unacceptable Opinions. A digital dollar allows Biden to do that instantly for everyone.
Very bad idea. Say good bye to privacy if this happens. Look what credit card companies are doing with gun purchases.
If true we're two steps closer to perpetual servitude. Do you want the Gov't. to be able to freeze or delete assets, disallow purchases, track everything you're allowed to buy, all conditioned on your political compliance?You won't be able to pray for release, cradle to grave.
And then they will literally own you and everything you think is yours
The Biden Administration is one step closer to making the Yuan the official currency of the USA.
Imagine giving the Biden regime the power to disable your crypto wallet remotely just because you’re deemed a danger to their version of “democracy.” Or, if they one day copy their master China, your “social score” gets below the minimum.
Cash is king. No regime can cancel cash.
Soon you’ll be paid in credits, buy things with credits, and controlled by those same credits. They’ll link them to your medical records, social platform. Go to buy something they don’t feel you need, denied. Too much red meat this month..denied. Oh you’ve used you fuel allotment