... and I thought crypto was for criminals....

[t00nces2]

For all who were hesitant to take a dip into the crypto currency waters, get ready to be pushed off the dock. It seems our criminal government wants to get into the crypto action. For all the negative press it has gotten, I am surprised they would even want to dip a toe into the untrustable waters. You vill be required to turn in your criminal government cash for criminal government crypto...

https://www.usgoldbureau.com/news/ne...ent-pilot-test

https://www.nbcnews.com/tech/crypto/...ency-rcna19248

Get ready for the government to smear everything else as criminal activity.

[ynot2k]

For all who were hesitant to take a dip into the crypto currency waters, get ready to be pushed off the dock. It seems our criminal government wants to get into the crypto action. For all the negative press it has gotten, I am surprised they would even want to dip a toe into the untrustable waters. You vill be required to turn in your criminal government cash for criminal government crypto...

https://www.usgoldbureau.com/news/ne...ent-pilot-test

https://www.nbcnews.com/tech/crypto/...ency-rcna19248

Get ready for the government to smear everything else as criminal activity.

When that 2nd article - nbcnews - came out in March there was a very short window that heads of departments had to respond regarding this. Like 30 days or something.

Anything more current on this? The 1st link above doesn't load btw.

Error 405 Not allowed

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Details: cache-mia11359-MIA 1669684659 2932200316

[ynot2k]

On a hunch, I just checked the POB. It was about 40K in March when Brandon made his move. Any correlation?


https://getyarn.io/yarn-clip/aa1ccdf...c-799a1adb0e4f

[t00nces2]

reminds me of the drop after it topped out at 19K. You have a bunch of FOMO buying and panic selling as the price corrects past FOMO's purchase price. Now is the time to buy and just sit on it.

Apparently Brandon signed an order the wed before thanksgiving to start the testing and implementation of the CBDC.

[insidedealer]

I think the implementation of a CBDC, or government digital currency, is going to happen no matter what political party is in the WH or has a majority in Congress. I don't want to see it, as it means greater info that goes to the Federal government about where you get your money and where you spend or send your money, but it's likely imo the future. I don't see a big if any difference between the Feds sending SS payments, tax refunds, etc. via CBDC, vs. already digital fiat to your digital bank account. The part about spending these CBDC dollars bothers me.

I don't see the part where bitcoin was needed as a test. That's phooey. Did the government need some test to see if the public would accept Federal Reserve Notes instead of Silver Certificates? Maybe, one could say that the change-over was gradually introduced back in 1964-1965, with the change from 90% to 40% half dollars, but most of the public could care less then, this was only of interest to nerdy hard money stackers at the time, like me. Silver certificates losing their convertability back then was met with a brief short-term BUYING SILVER CERTIFICATES ads and business across the land, the precursor of the BUYING GOLD ads and business as time went by. I don't see a CBDC as effecting bitcoin, maybe it will effect cash, but not bitcoin. Bitcoin is still a relatively small asset, at 300 Billion, thats peanuts compared to what the Federal debt is, compared to what some corporations are worth, compared to what gold is worth, compared to the amount of cash out there. The FEDS do have a history of selling gold to the people, for market price, from 1794 to 1933, and again from 1986-present. In 1986 gold was $300-400, but they openly sold to the public at or near enough to the market price, and they let gold trade as they can(control), they being all the worlds big financial powers. They could declare bitcoin illegal in the US(this is a risk in owning bitcoin), but why? They allow gold as an alternative, why not bitcoin? Cash is what they're after. Even there, they would want to tread lightly, as a "black market" market is good for the overall economy, but tread they will and sadly I think cash will be history in the future.

[ynot2k]

... They could declare bitcoin illegal in the US(this is a risk in owning bitcoin), but why? ...

A few possible reasons come to mind for me. I am a bit less strong in my belief about the future of BTC than I was 5 years ago. That probably means it is going to go up and up though.

[redraspberry]

The NWO and a global digital currency, if not backed with gold then bitcoin?

[vertical1]

reminds me of the drop after it topped out at 19K. You have a bunch of FOMO buying and panic selling as the price corrects past FOMO's purchase price. Now is the time to buy and just sit on it.

Apparently Brandon signed an order the wed before thanksgiving to start the testing and implementation of the CBDC.

Here is some source material on that order t00nces2
terrifying excerpt quote "The National Science Foundation (NSF) will back research in technical and socio-technical disciplines and behavioral economics to ensure that digital asset ecosystems are designed to be usable, inclusive, equitable, and accessible by all."

The National Science Foundation? C'mon we did not elect some commmittee in this foundation to monkey with our socio-technical behaviors?
Quazi government science foundations are going to be at the root of how you can spend your digital assets? Not sure I understand it all but sheesh.

whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/

[ynot2k]

The NWO and a global digital currency, if not backed with gold then bitcoin?

Not following you red. Help please?

[t00nces2]

I think the implementation of a CBDC, or government digital currency, is going to happen no matter what political party is in the WH or has a majority in Congress. I don't want to see it, as it means greater info that goes to the Federal government about where you get your money and where you spend or send your money, but it's likely imo the future. I don't see a big if any difference between the Feds sending SS payments, tax refunds, etc. via CBDC, vs. already digital fiat to your digital bank account. The part about spending these CBDC dollars bothers me.

I don't see the part where bitcoin was needed as a test. That's phooey. Did the government need some test to see if the public would accept Federal Reserve Notes instead of Silver Certificates? Maybe, one could say that the change-over was gradually introduced back in 1964-1965, with the change from 90% to 40% half dollars, but most of the public could care less then, this was only of interest to nerdy hard money stackers at the time, like me. Silver certificates losing their convertability back then was met with a brief short-term BUYING SILVER CERTIFICATES ads and business across the land, the precursor of the BUYING GOLD ads and business as time went by. I don't see a CBDC as effecting bitcoin, maybe it will effect cash, but not bitcoin. Bitcoin is still a relatively small asset, at 300 Billion, thats peanuts compared to what the Federal debt is, compared to what some corporations are worth, compared to what gold is worth, compared to the amount of cash out there. The FEDS do have a history of selling gold to the people, for market price, from 1794 to 1933, and again from 1986-present. In 1986 gold was $300-400, but they openly sold to the public at or near enough to the market price, and they let gold trade as they can(control), they being all the worlds big financial powers. They could declare bitcoin illegal in the US(this is a risk in owning bitcoin), but why? They allow gold as an alternative, why not bitcoin? Cash is what they're after. Even there, they would want to tread lightly, as a "black market" market is good for the overall economy, but tread they will and sadly I think cash will be history in the future.

Bitcoin was not used as a test by the central bank. The central bank observed Bitcoin and subsequently other crypto coins and relized the user trackabilty.... and the problem of being tracked, while deeply concerning, is not the most concerning issue. They can turn off the ability to use CBDC to buy or sell anything they do not approve of and for any reason.
Beef? Sorry, you eat too much beef, you can buy the healthier nutrition in these bug burgers.
Ammo? Sorry, the government doesn't like the idea of the sheep being able to protect themselves. Maybe you should buy some of these bug burgers instead.
Contribution to the collection plate? Yeah, not really feeling it buddy.... Maybe you should just buy some bug burgers and donate them to the government re-education camp for the homeless conservative thinkers who found they were no longer able to use their FedCoin account to pay their mortgage.

The NWO and a global digital currency, if not backed with gold then bitcoin?

It won't be backed with anything but the full faith and credit of the United States government.