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Getbig Main Boards => Gossip & Opinions => Topic started by: Gym Rat on October 09, 2023, 07:22:57 AM

Title: Congress Is Banning CBDC
Post by: Gym Rat on October 09, 2023, 07:22:57 AM

Central Bank Digital Currency

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Title: Re: Congress Is Banning CBDC
Post by: IroNat on October 09, 2023, 08:35:59 AM

Bump

Title: Re: Congress Is Banning CBDC
Post by: Wiggs on October 09, 2023, 01:13:16 PM

Let's see it get passed.  That's the challenge.

Title: Re: Congress Is Banning CBDC
Post by: Mayday on October 09, 2023, 01:20:13 PM

CBDC is a global initiative so it’s already approved. No different to the green energy initiative.

It doesn’t matter what you see for pushback or anything else, that’s just entertainment. it’s going ahead and planned for 2024 to run parallel to our current currencies.

Title: Re: Congress Is Banning CBDC
Post by: Lartinos on October 09, 2023, 06:57:29 PM

Digital Juan in China is already live and the other countries will be compelled to do the same I’d think in time.

It offers control in various ways of the population but also the crypto market within the country in general. China first banned crypto and then made it legal once they got their CBDC.

Back up plan I guess would be to employ a current stable coin.

Commodity backed stable coins could be the future though.

Title: Re: Congress Is Banning CBDC
Post by: Marty Champions on October 10, 2023, 04:42:20 AM

Gov news telling us its banning gov currency that they just created? Not watching 8 min of that bitch

Title: Re: Congress Is Banning CBDC
Post by: Wiggs on October 10, 2023, 04:56:39 AM

Quote from: Mayday on October 09, 2023, 01:20:13 PM

CBDC is a global initiative so it’s already approved. No different to the green energy initiative.

It doesn’t matter what you see for pushback or anything else, that’s just entertainment. it’s going ahead and planned for 2024 to run parallel to our current currencies.

Correct. Then a phase out.